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[

MONDAY

UNIVERSITY
OF MICHIGAN

3>

ISSUE

JUL

Volume

New York 7, N. Y.,

Number 5341

180

Price

Monday, July 12, 1954

12m

$1

Copy

a

General Corporation and Investment News
RAILROAD

PUBLIC UTILITY

-

Aberdeen Fund, New York—Registers
This

SEC

investment

June

on

—V.

176,

29,

filed

company

1954,

shares of its

1,500,000

covering

In This Issue

has

company

outstanding

V.

179,

called

venture

Stock and Bond Quotations

redemption

for

shares

1,050,416

of

$1.50

J.

Hardy,

President,

Jr.,

on

Public Relations—

July

announced

8

the

j

ap-:

with

the

public

Exchange..:

Stock

Cincinnati

•;

The

SEC

j

*;

corporation

x

-

Los Angeles

Ibc., Denver^Uolo.—Files—

Inc;,

three

at

Net
Net

railway^-

from

.1

1-t-

8,533,384
2,657,672
1,194,741

'" '
8,222,254
1,947,750
658,163

'

railway_„_

income

oper.

179,

and

Profit

revenues

Federal
Net

-

.

.

taxes

profit

share

$2,098,370
$1.19

pay

royalty

a

on

agreement,

the

all

material

over

a

$1,459,813
$0.84

The

proceeds

are

to

pay

for

expenses

48
43

Offerings
Clearings

Net

*

44

stockholders

The

on

6

July

approved

an

625,000 shares to 750,000 shares.
additional shares will be distributed

increase

in

Earnings Lower—

Hospital

Offer¬

Corp.—Secondary

Supply

&
share, with a dealer's discount of
It was quickly completed.—V. 179,

(par $4) was made on! July 1 by Glore, Forgan

stock

$23.37 V2 per
per share.

at

cents

90

Special Offering

—

Electronics,

capitalization

a

American Tobacco Co.—Partial
There
of

have

share.

PROCEEDS—The
Which

Is

conditioned

is

the

'

on

the

of

as

"Notes

has entered into a credit agreement
sale of these 100,000 common shares. It

general

is

engaged

in

the

designing,-

engineering

V.

179,

p.

2701.




West

Aug.

1,

next,

$1,404,000'
accrued
of New

478,870

*1,055,195

974,863

244,000

601,000

542,000

$171,735

for

$234,870

$454,195

$432,863

$0.35

$0.49

$0.94

$0.91

1954, directors authorized the offer¬

April 26,

additional

one

$14

was

for

share

per

share

six

each

and

the

shares

The

sub¬

stockholders

eligible

pui~

were

this

new

Coast
new

part

old

purchased
the

of

long-term

by

the

underwriting

The

first
of

remaining 2,9653

headed

group

by

Glo*t),

financing program the company has refunded
with new loans from the New England Mutual
the
company's principal
banks.
The
nev/

new

debt

and

Co.

Insurance

loans are at a lower interest cost and contain, generally',
provisions than the previous loans. The funds received

long-term

restrictive

less

of the additional common stock and long-term loans
approximately $3,000,000 to the company's working capita).
the company in a sound and strong financial position
with working capital of approximately $5,000,000.—V. 179, p. 2590.
the

from

sale

have

added

This

has placed

Automatic Firing Corp., St.
corporation

The
SEC

of

units

due

$1,000

to

are

$2

of $1

Louis, Mo.—Files With SEC

June 30 filed a letter of notification with the
principal amount of seven-year convertible

on

$300,000

covering

debentures,

Aug. 15, 1961 to be offered to the public
each
through White & Co., St.
Louis,

be

used for

principal
par

at par m
Mo.
The

working capital.

amount of debentures is
stock.—V. 179, p. 1718.

convertible

into

one

common

Baltimore

headquarters.

Ohio

RR.—RFC

Sells

Holdings—Glore,

Chicago investment bank¬
ers, has placed privately with a group of institutional
investors $60,000,000 of collateral trust 4% bonds, series'
A, due Jan. 1, 1965, of The Baltimore & Ohio RR. These
bonds had previously been purchased from the Recon¬
struction

Finance Corporation which had

000

pal

amount

were

taken up

by

at par.-L

by the railroad

50.

Basic Atomics, Inc., New

York—Files With SEC—

corporation on June 28 filed a letter of notification with tho
191,700 shares of common stock, par 10 cents (170,000

The
SEC.

held $64,585*-

The difference of $4,585,000 princi¬

of these bonds.

covering

the company and 21,700 by selling shareholders), to be offered afc
per share through Albert Kravitz Co., New York.
The procecoii
to be used to pay for expenses incident to mining operations.

$1.50
are

together with the land, cost approxiabout 30,000 square feet of floor space.

&

Forgan & Co., New York and

Inc.—Opens New Plant—

addition to the manufacturing and sales facili¬
went into operation in Whittier, Calif., on

corporation

one-story, building,

in British West Indies—
search

held.

& Co.

V. 180, p.

'

1.

Anglo-Iranian Oil Co., Ltd.—Offshore Drilling Begins

v,

necessary

production- of- miniature high frequency dtive motors and blowers
and high,frequency power supply, units and related products, all of
which
are
components of the electronics and aircraft industries.—

451,735
279,000

Bassons

Industries Corp.,

N. Y.—Stock

W. Kaufmann & Co. and Vickers Brothers,

amount

BUSINESS—Corporation

■

-

important
of

The

Payable .to Bank."

and

on

debentures due Feb. 1, 1977 at 100%
and
will be made at the Guaranty Trust Co.

mately $170,000. and contains
—<J. 179, p. 1477.

intention of the company to use the proceeds, in the
$100,000, from the term loan of the credit agreement,

shall be

Redemption—

July 6 when John R. Coston, Sr., Chairman of the Board of Anchor
Post
Products, InCi, of California, a subsidiary, dedicated the new
'

of the net proceeds from the sale of the common
to pay off $379,000. principal amount of
The balance will be added to the company's i
funds and used for general corporate purposes,

plus such

i

An

ties

present

amount

stock

company

redemption

for

Anchor Post Products,

-

Of these shares, 100,000 are being pur¬
chased from the company and 60,000 are issued and out¬
standing and are being purchased from certain stock¬
holders. This offering was oversubscribed.

k

Payment

called

York, 140 Broadway, New York 15, N. Y.—V. 179, p. 1609.

Inc.—Stock Offered—Van Al-

-

per

been

3 Va %

25-year

'

$4

j

taxes

A

special offering of 2,800 shares of 5xk% cumulative pre¬
$20) was made on July 8 by Reynolds
&>Co. at $21 per share, with a dealer's discount of
75 cents per share.—V. 179, p. 2469.

interest.

American

—Six Months Ended—
Mar. 20/54 Mar. 14/53
$22,756,780 $21,396,425

the company of 77,706 additional shares of $5 par value com¬
to
common
stockholders on the
basis
of
the
right to

Each

—

\ ■;

Mar. 14,'53

share..

com.

price

share

Metal Products Co.

American

\

buildings.

proceeds

1829.'

p.

V';.."

$10,693,891

74,741 shares of the additional stock while the

Life

ing—A secondary offering of 10,000 shares of common

"

,

Federal

inc.

scription

ye^r.—V. 179, p. 1829,

American

mining

styne, Noel & Co. and Crowell, Weedon & Co., on July 8
offered 160,000 shares of $1 par value common stock at

■'

(& Subs.)—Earns.

,

Mar. 20,'54

subscribe

24 weeks of this year net
compared with $3,800,318,
$3.40 per share, for the corresponding period of 1953.
Net sales
were
$26,831,332, compared with $32,053,913 for the first 24 weeks

Co.—20% Stock Div.

as

:

chased

44

System—

corporation reports for the first
of
$2,238,436, or $2
per
share,

This

20% stock dividend
On or about July 27 to stockholders of record July 12. ~
A
cash
dividend of 50 cents per share will be paid Sept.
1 to
Btockholders of record Aug. 15.—V. 179, p. 2805.
The

of Australian Essential. Oils. Ltd.,
capital expenditures,

for

stock

mon

ferred stock (par

from

City, N. J.—Files

$11,101,316

sales

NEW FINANCING—On

or

activities.

American Automobile Insurance

and
i''

taxes..

per

ing by

As

income

used

be

control

purchase

'■

income

owned

44

Reserve

to

Approximately $70,000 represented gain on the sale of two company*,

its

Utah—Files—

to

to

before

Earns,

Statement of Federal

American Enka Corp.—Sales &

period of ap¬

incident

are

and Exchange Commission—

inventories,

for Fed.

Prov.

covering

Utah.

proceeds

shares

corporation on June 28 filed a letter of notification with the
7,500,000 shares of common stock to be offered at par
cents per share) through Uranium Mart, Inc., Salt Lake City,

The

<three

notfication with the
10 cents) to be
Securities, 4307

Forgan

Federal

Co.

SEC

used

be

certain

Income

Banks

Reserve

Corp.—Definitive Debentures

Alpine Uranium Corp., Salt Lake City,

net

The

Texas.

of

stock (par
Continental

Automatic Canteen Co. of America

Condition Statement of Member Banks of

debentures due April 1, 1978 are now
debentures at The First National Bank
the City of New York, 2 Wall St., New York 15, N. Y.—V. 180, p. 49.

of

letter

a

common

through

on June 30 filed a letter of notification with the
2,960 shares,, of 6%
cumulative preferred stock to be
($100 per share), without underwriting.
The proceeds

par

Consolidated

Rates

Exchange

Combined Condition

25-year 3 Viz %
for definitive

Temporary

of Bank

Course

Foreign

last

Allied Chemical & Dye

at

:/'■'

31

the

it produces

of

share

per

corporation

to

and
■

Redemption Calls and Sinking Fund Notices__44
Dividends Declared and Payable...,.
10

proximately ten years. It also will give Allegheny Ludlum free rights
to any improvements which it may make in the material or its manu¬
facture during the life of the agreement.—V. 179, p. 2589.

exchangeable

Prices

State and City Bond

German company is receiving
Information on techniques and processes fbr the manufacture of the
material in possession of Allegheny Ludlum.
In return, the German
firm has made a substantial cash down payment and has agreed to
the

filed

24

shares

cents

Blvdij- Houston,

Income

ACQUIRES

of

June

on

600,000

50

covering

offered

General Corporation & Investment News.Cover
The

4,956,814

6,043,041

—Quarter Ended—

technical information concerning techniques and processes
for the manufacture of grain oriented silicon strip steel, a highly ef¬
ficient electrical material.
'
terms

936,542

for expenses incident Jo mining operations.

The

SEC

31

exchange of

Under

$17,065,959 $15,317,471

$2,557,388

1,110,374

-

ELECTRICAL STEEL RIGHTS—Arrange¬
ments have been concluded between this corporation and MannesmannHuettenwerke A.G., a leading steel company in West Germany, for the
MANNESMANN

at

pay

8,039,979
1,598,291
667,679

1954

$1,063,000
$0.58

—

Net earnings per common

corporation

covering

are

1953
1952
$45,614,000 $68,686,523 $52,751,596
2,337,800
6,213,070
3,442,813
1,274,800
4,114,700
1,983,000
1

taxes—_——

Federal

before

y

Exchange-_.._3i

National Quotation Industrial Stock Averages 31

Corp.—Earnings Lower-

Quarter Ended March 31—

1954—5 Mos.—1953
$69,977,134 $77,,267,615
52,911,175
61,950,144

Australus Corp. of America, Jersey

31

SEC Index of Stock

$2,340,312

opers.

With Securities

Miscellaneous Features

Allegheny Ludlum Steel
Sales

to

42

Dow-Jones Stock and Bond Averages....

'

ry.

income
2469.,

P.

Montrose,

38
Section:.....41

Markets.

Transactions American Stock Exchange

141,553

RR.—Earnings—

1954—Month—1953

37

i

Transactions New York Stock
-

2469.

p.

The

Toronto Stock Exchange..;......:^

$1,717,867
•* 344,520

,

land,

revenues.

fr.

rev.

179,

offered

.

.1951

profitable provided production per well was
yvhich average about 24 barrels a day,

be
on

ry. .oper.

SEC

36

Stock, Exchange

Over-the-Counter

T 1952
$1,675,325
330,202
103,266

railway...

from

Net ry.
—V.

income

oper.

From Jan.

Net

Montreal- Stock Exchange:
Canadian

■>.

1..35

Francisco"Stock Exchange

£an

Toronto Stock Exchange—Curb

1953. $1,752,102
544,697
331,120

crude

Atomic Power Uranium Corp., Denver, Colo.—Files—

_i.___34

—.—___35

Pittsburgh Stock Exchange...-

■"

be used to pay expenses in¬

' «•
7,247,113
2,036,261
1,039,815

railway....

from

Gross

to

1954
$1,315,496
- 267,034
159,697

.

from

Net ry.

The proceeds are

kreat Southern RR.—Earnings

Alabama
May—'
Net

•

mining operations.

to

Gross

cents

Colo.

Denver,

cident

.uvnlv

■

daily

a

32

Stqck Exchange..

Midwest Stock Exchange.^..^.^..^

June 21 filed a letter of notification"wit!» the
shares of common stock (par one cent I*; to. be
per share, through Carroll, Kirchner & Jaquith,

on

covering 9,996,000

offered

....

has

T\»

Coast Line

operating

—V.

Philadelphia-Baltimore Stock Exchange._.__35
Acme Uranium Mines,

island

The

$12,903,338 $14,507,097
Ry. operating expenses.
10,563,026
11,949,709
Ry.

-.32

Detroit Stock Exchange,

'

2469.

p.

Exchange

Boston Stock

has recently, been
& Chase.—V. 179,

public practice, Mr.
Darr
relations firm of Selvage, Lee
in

years

many

only
than

513.

p.

Period End. May 31—

23

27
^T_TTr^____32
32

Exchange.,

Stock

American

pointment of John W. Darr as Director of Public Relations and
Advertising, effective immediately.
Formerly in a similar capacity
as
Vice-President of Commercial Investment Trust, Inc.
(CIT), and
for

would

higher
179,

Atlantic

(Stocks)
York Stock Exchange (Bonds)

New
Charles

much

—v.

Stock Exchange

New York

ACF Industries, Inc.—Director of

Ltd.

Trinidad,

Page

2701.

p.

of

production of about 61,000 barrels.
B. Christian, Chairman of Trinidad Northern Areas, stated that
the company had been trying unsuccessfully to find oil in Trinidad
since
1936 by surveys and drilling
operations which had cost BW.I.
$8,000,000, and
it
had
taken considerable courage
for his Board
to embark
on
this
"formidable new project."
He
added that the
J.

on July 30,
next, all of
cumulative preferred stock
(par $20) at $25 per share.
Payment will be made at-the Montreal
Trust
Co.,
in Toronto,
Montreal, or Vancouver, Canada.
See also

The

Fields

Oil

oil

with the
capital stock.

Abitibi Power & Paper Co., Ltd.—Calls Pfd. Stock—
Its

MISCELLANEOUS

-

British

With SEC—

1261.

p.

INSURANCE

-

statement

registration

a

INDUSTRIAL

-

offshore

well

oil, was;started

sunk in the British West Indies in
Trinidad's southwest coast in the Gulf

be

to

off

York City, on

shares of

^

July 6 offered publicly an issue of 140,000
stock (par 50 cents) at $2 per share.

common

used for working capital and
•
•
- ■
•
•
.
.
r
-

PROCEEDS—The net proceeds are to be
other

Offered—Jay
both of New

corporate purposes.

*

>

"

of-Paria

.

about

a

<week

ago.

,

••

-

v

'

The;well,' six miles from Ctdros Point, is being drilled by Trinidad
Areas,'* Ltd.) Jointly
owned
by - Anglo-Iranian Oil Co's
D'Arcy Exploration Co., Ltd., Trinidad Leaseholds, Ltd., and United

'•

Northern

BUSINESS—Corporation.-- is
plastics,

glass,"

a

-custom

•

molder

working with. two basic materials,
the other known as "high impact"

and

fabricator of
as "Fiber¬

known
plastic. It

one

Occupies

a

,M '»•

2

(154)

The Commercial and Financial Chronicle

Monday, July 12, 1954

...

___

i

>.

r

plant containing 70,000 square feet, located at 1432 West Farms Road,

the

New

equipment

Yoik

60,

Y.—V.

N.

180

50.

p.

Boston

Beaumont Sour Lake & Western Ry.
1954

Gross

from

$817,031

$905,709

$925,987

411,725

422,685

456,628

128,803

262,310

215,746

252,915

Net

ry.

from

Net

from

Net

ry.

4,147,992

4,817,400

2,398,086
785,023

of

The

<

SEC

corporation

$101
fered

at

shares
6%

without
capital.

of

of

letter

a

7%

The

debentures

proceeds are

the

stock

preferred

subordinated

10-year

with

notification

cumulative

underwriting.

par,

working

filed

24

June

on

covering 15,462
and $50,000 of

128

operated

with

this

of

this

Period End. May 31—

equip¬

to

be

install

soon

catalytic

a

reformer

latest

of

Net
Net

design

was announced on July 7.
catalytic reformer will be to increase the
gasolines," explained B. A. Barnhill, Manager

of

purpose

operat.

The

(

corporation's

of¬

for

scheduled

plant

process

offsite

facilities,

for

be

to

February,

built

income

$109,892

$146,775

$654,959

expenses.

154,850

138,997

766,230

713,266

oper._

*$44,958

$7,778

♦$111,271

inccome-

oper.

fr.

rev.

ry.

of

one

the

world's

longest

$46,640

50,341

83,076

336,512

387,641

ry.

oper.

•Deficit.—V.

179,

by

1955.

The

estimated

together

Fluor,

with

cost

2702.

p.

Canadian Pacific Lines in Maine
Period End. May 31—

of

the

double

its

daily crude oil
barrels.—V. 179, p.

The

six-tube

lines

receivers

for

the

1955

Its

will

this

start

for
/ "

has

Bendix

the

with

deliveries

of

quantities

production

been

during

radios

auto

since

for

the

Ford

Company

receiver

for next

April,

dividsion

1948;

wHf featwe

year's Ford

a

^was

$464,724

$492,134

Ry.

operating

430,887

485,390

$3,321,641
2,409,533

$3,777,609

expenses.

ry.

$33,837

$6,744

$912,108

$961,029

♦19,432

*44,102

553,158

583,399

Net
Net

fr.

rev.

ry.

opers.

income

oper.

♦Deficit.—V.

throughput

capacity

will

take

less

up

than

space

previous

models,

Mr;'Foster

said;'
>

CONSOLIDATED

EARNINGS

STATEMENT

Six Months Ended March 31—

-

1954

Net

sales,

Prov.

at

Calgary

Canadian Pacific Lines in V

refinery is

Net

profit

and

income

—V.
.

11,113,149

FINANCIAL

.

—

CONDITION

MARCH

AT

(less

reserves!

equipment (net after depreciation)—
Prepaid and deferred items-

$

of

;

to

Accounts and

——

banks

accrued

Federal income and

Sundry

operating

Reserve

5,742,200

59,500,000

2,117,453
Surplus

from

taxes

excluding

the

of

year's

for
of

the

taxes

70,070,659

payables

excess

profits taxes

72,915,545

34,560,747

159,346,536

—

reserves

reported

was

increased,

to

2,237,455

the

of

sale

will

1,810,230

10,000,000

be

the

the

used

balance

to

for

11,334,610

10,587,265

124,798,121

held

heavy

additional

to

of

finance

such

106,074,745

the

of

record

extensive

at

will

p.m.

used

—V.

liabilities,

and

reserves

iron

grey

from

borrowings

incurred

Increase

capital

ties
be

sales

&

May—
Gross

1954

from

Net
Net

ry.

railway
railway

from

1952

recent

the

the

the

production

$3,448,829

$3,032,373

$3,223,075

1,372,544

1,952,646

1,414,642

of

816,753

579,445

946,467

of

annual

which

CAPITALIZATION GIVING

stock

EFFECT

Gross

from

Net

from

Net

ry.

—V.

Big
had

11,008,504

9,718,874

10,020,240

804,288

3,581,027

1,179,747

income—

2,013,186

2,512,788
1,343,612

2,092,685

Game

Mines

Bouck,

been

the

3,377,357

of

Ltd.* Toronto,

President,

completed

June

'on

30

Canada—Agreement
that

announced

(par

$10)

an

aggregate
of

The

of

$2,000,000

aggregating

ment

the

the

camp.

arrangement

New

is

Jersey

to

expend

minimum

a

of

of

the

ment

Jersey exercises its option in

arrangement,
of
the claims.

a

new

company

accordance

Big

in

Game.

the

new

Big

Game

would

and

company

receive

would

also

the

by

the

The

property

contact

zone

located

New Jersey
vendor's interest

entire

receive

certain

Algom

Nordic

Bond
This
June

the
the

Lake

Fund of Boston,

corporation

28,

1954,

filed

The
June

filed

covering
2362,

Boston Edison
The

company

astride
of

the

It

and

is

the

covering

29

of

of

any

$11,-200,000

of

a

fleet

of

55

service

self-propelled

this

commuter
Of

steam

coaches

been

approved

by

the

directors,

it

cars

from

into

the

and

75.. steam

locomotives,

was

its

service

Budd

at

a

Company.

of

rate

this
of

year,
two

Similar




a

the

Fen-

outstanding

the

week

as

self-propelled

they
cars

feed

are

in

use

tl'iese

delivered

service

any

one

stock

not

named

below

subscribed

conditions

for

forth

set

%

&

Burr,

8.23

8.23

Ripley & Co., Inc.

Estabrook
Putnam

180, p. 50.

179,

G.

Net

ry.

H.

From

that

on

A.

&

<

Hayden,

said

the

in

arrangement

performing

mining

Calder

claims

4.12

4.12

Walker

&

Slightly

Co

4.12

Higher—

Net

from

Net

ry.

President
had

of

been

New

Jersey

before

or

Bousquet has given

New

the

\

!

t

stock

interest

The

the

in

this

Co.

New

is

and

1,
an

located

Algom

this

Ltd.

hald

to

expand

1955,

in

a

if

zone

the

on

between
Nordic

the

Lake

for

the

Definite
available

The

Co.,

first
for

National

option

to

acquire

transferring

the

the

said

substantial

claims

to

it.

for

for

1,600

some

acres

"middle

lies

belt"

astride
of

the

the

delivery

San

Francisco.—V.

43

Bank

the

SEC

stock

under

(par

10

Anthony Securi¬

«

-Earnings—
1953

1952

$4,572,566

$5,341,855

792,297

1,106,920

1951

$3,586,760
404,872

$3,596,999
*363,132

159,462

499,567

*340,798

23,123,123

26,073,594

358,230

17,766,265

(

17,625,016

4,070,150

179,

4,904,560

1,869,379

1,768,909

1,135,978

income

1,747,488

*2.025,875

*2,005,402

2470.

p.

on

&

Electric

Corp.—Conversions—-

July

at

the

price

conversion

convertible

multiplied

principal

the

by

$12.50

of

rate

into

has

that

price

thereof.—V.

179,

of

all
of

of

$13

stock.

common

that

shares

so

of

conversion

amount

share

per

changed
number

remaining
common

share

per

debentures

stock

shall

which

the

equal

1930.

p.

Central Soya Co., Inc.—Stock
Subscriptions—Of the
99,000 shares of common stock (no par)
recently offered
to stockholders of record June 15 at
$29.50
per

share,

94,568 shares were subscribed for, and the 4,432 remain¬
ing shares were placed by the
underwriters, headed by
Goldman, Sachs & Co. See details in V. 179, p. 2702.
Central

Vermont Ry. Inc.—Earnings—

May—
Gross
Net

1Q1i4

from

railway
railway

from
ry.

1951

$1,029,000

$976,000

$1,012,000

146,496

251,546

81,039

165,226

*3,638

116,311

*34,260

89,861

4,508,000

4,802,000

4,640,000

4,610,000

874,002

967,831

491,605

785,506

176,891

318,960

*26,855

292,127

income

oper.

1952

$393,000

From Jan. 1—

Gross

from

Net

from
ry.

railway
railway
income

oper.

•Deficit.—V.

179,

2470.

p.

Cherokee Utah Uranium Corp., Salt Lake
City, Utah—
Files With Securities and
Exchange Commission—
The

corporation

covering
at

City,

incident

cents

Utah.

to

June

on

6,000,000

three

24

shares
per

The

filed
of

share

proceeds

letter

a

capital
to

are

of

notification

stock

through

(par

Cromer

be

used

with

cent)

one

Brokerage
to

pay

for

mfciing operations.

thi

to

Co.,

be

Sail

expenses

Period End. May 31—

&

It

is

bonds, 3Vi% series due March 1, 1984,
in exchange for temporary bonds at The
Exchange Place, New York, N. Y., and at
Trust

179,

p.

Co.

1156.

of

/

1954—Month—1953

1954—5 Mos.-—1953

$

Railway

oper.

Net
Net

oper.

—V.

fr.

rev.

ry.

oper.

180,

$

$

revenue-

26,915,461

30,922,214

122,266,649

expenses-

19,501,608

20,536,149

95,851,017

140,787,691
101,188,42'

7,413,853

10,386,065

26,415,632

39,599,27

4,507,257

5,862,385

17,967,166

23,069,66

ry.

oper._

income

50.

p.

Chicago Indianapolis & Louisville
Ry.—Earnings—
May—
Gross
Net

1954

from

from
ry.

railway
railway

oper.

1953

1952

1951

$1,658,384

$1,954,234

$1,751,295

367,427

502,210

289,541

107,845

142,761

182,256

101,763

8,550,133

9,180,190

9,071,271

8,812,304

1,911,850

2,102,447

2,111,530

1,833,724

786,412

income

$1,788,168

293,382

859,637

764,072

621,152

From Jan. 1—

Gross

from

Net

from

Net

ry.

—V.

railway
railway

oper.

179,

p.

income—
2470.

favorable

district.

mortgage

National

James

New

railway

converted

are

Net

develop¬

the Initial financing of the new
subsequent financing to the stage of
by both New Jersey and Calder Bousquet.
and

important

City

through

9
announced
that
$4,000,000 aggregate
convertible debentures, due Sept.
1, 1963 have
been converted into common stock of
which $2,000,000 aggregate prin¬
cipal amount have been converted at the
price of $12 per share of
common
stock, and $2,000,000 aggregate principal amount have been

provisions

the
a

which

Mclntyre-Aquarius operations to the east and the
development to the west.—V. 177, p. 1366.

Bank,

With

principal amount of 3%

of

the

upon

for

California Oregon Power Co.—Definitive Bonds—

Chase

50.

York, N. Y.
The net proceeds are to
exploration costs and used for general
corporate

for

corporation

Chicago Milwaukee St. Paul
May—
Gross

Chicago and American Trust

*

from

Net

*

St.,

share

per

Central Hudson Gas

Calder

minimum

work

company

provides

30

com¬

for

by

return

new

warranted
The property
embracing

contact

claims

company Willi be formed for
Calder Bousquet will receive

also

p.

camp.

new

Jersey

180,

Y.—Files

3
filed a statement with
230,000 shares of common

$1

1—

oper.

The

>

June

on

between

development

May

Jersey

company,

(Canada)

and

the

by New

production

a

claims,

arranagement

company

*•.

Development

Jersey exercises its option in accordance with the

arrangement,
of

N.

Chesapeake & Ohio Ry.—Earnings—

Toronto, Canada—

completed

claims.

of

at

railway

•Deficit.—V.

Lake

1954—6 Mos.—1953

»'

*

.

Mines Ltd.,

exploration

on

Corp.,

8.23
4.12

Co._.

&

40-mining
River-Algoma Uraium

Blind

the

money, a for
drilling
the production from

of

June

on

Wall

8.23

Inc

Co

1954—Month—1953

arrangements

the

Mines

income

Jan.

from

Railway

Salter

in

$10,307,280 $10,302,610 $55,963,180 $57,287,681

2702.

p.

Sales

tract

Exchange Commission—

covering

pay

oper.

offered

Brothers—June

in

Under

$50,000

announced

will

at

%

Forgan & Co

Bousquet

cost

ending

debt

contract:

Pierce,

and New Jersey Zinc Exploration
exploration
and
development of

pur¬

thus

fee

indebtedness

Coffin

are

December

funded

current

certain

to

pany

steel,

ever

total

railroad

power."
in

subject

are

25%

locations to the south.—V.

Uranium

railway
railway

from

copipany

Kidder, Peabody & Co.—z.
Smith, Barney & Co

announced

to

Commencing

warrants

j

railroad

stainless

agree¬

the

additional

common

160-acre

a

company

16.86

Senator

of

said

16.86

ment

passenger

of

termination

a

at

the

any

$3,000,000

additional

Calder Bousquet Gold

filed

the

agree¬

fee

16.88

—V.

the largest we have ever made for
equipment,
revolutionize our passenger service and
accomplish an
annual
saving
in operating costs estimated at
$1,700,000," it was
stated by T. G. Sughrue, President of
the road..
"This will permit
the
railroad
to
scrap. or
dispose of approximately 235 older type
expect

of

Period End. June 30—
Sales

"By

we

of

said

as

any

incur

to

receive

1954

Net

SEC

Wash.—Registers With SEC

July 2.
this investment,

on

Lynch,

Butler

first

of

1954,

agreement

incur

or

date

and

option

said

or

excess

notes

such

Under

Inc.—Registers With SEC—

Highliner cars, the largest number
railroad, and 12 diesel locomotives at a

has

shares

of

purchase

&

Harriman

RR.—Buys $11,200,000 Equipment—

modernization

the purchase
conditioned
Budd
by

in

the

from

by

to

commitment

a

Beane

Co.—Registers With SEC—

$18,000,000

through
chased

assume

conditions

borrowed

notes

respective

sell.

Pursuant

purchaser

covered

two

from

Net

the

If

air

create,

the

on

the

and

$2,000,000.

said

of Claims—

Boston & Maine
Complete

of

notes

issue

certain

exercise

Glore,

a
registration statement with the
mortgage bonds, series E, due 1984,
to
be
offered for public sale at
competitive bidding.
Net proceeds
will be applied to the retirement
of short-term debt payable to banks
(evidencing borrowings made for prior construction).
The
balance,
if any,
will be used to pay for construction
expenditures or to re¬
imburse
the treasury
therefor.
Property expenditures for the fiveyear period from 1954 to 1958,
inclusive, are estimated at $112,000,000.
—V.
179, p. 2362.

SEC

annum

the

to

Hornblower &
Weeks—,
White, Weld & Co._

favorable

east

30,

of 4%, notes due. July 1,
the option to B(in to'saad
31, 1955, additional such

Agreement Reached for Exploration and

June

on

the

district.

the

to

under

Merrill

a
registration
statement .with
the SEC
on
75,000 shares of its $1 par common stock.—

1954,
p.

in

underwriting

registration statement with the SEC on
25,000 shares of its common stock.—V. 178,

covering

corporation
28,

179,

lies

belt"

not

to

purchase the

—V.

Bondstock Corp., Tacoma,

V.

acres

"middle

amount

UNDERWRITERS—The obligations of the underwriters

a

50.

p.

1,200

some

important

Mclntyre-Aquarius operations to
development to the west.

per

of

than

pay

the

offered

37

to

will

May—
Gross

Net

to

upon

ner

embracing

on

between

provisions

principal

more

will

issuance

not

money
time.

both

priviliges.

elect

for

for the develop¬
The arrangement also
provides for the initial
company by New
Jersey and for subsequent
warranted

the

such

of

agreed

will be formed

financing of the new
financing to the stage of production if
and

with

%%

until

except

not

company

of

%%

shall

claims.

New

rate

ment

of

in

performing exploration and development work upon the
said
mining claims on or before May 1, 1955, in return for which
Big Game Mines has given New Jersey an
option to acquire the said
If

728,640 shs.
June

on

Canada, Wilbur Griffith, President,
producing wells on all sides.

public offering is expected this week.

The

company, and the company has
at such price, on or before Dec.

notes

the

Outstanding

\

dated

agreement

the

purchaser

between

this company and New
Jersey Zinc Ex¬
Co. (Canada) Ltd., for the
exploration and development of
mining claims held by Big Game Mines in the Blind
River-Algoma

Under

part

Life Assurance Society
agreed to purchase, at the

1969,

arrangements

development

Alberta,

purposes.

ten

in

FINANCING

1,000,000 shs.
an

to

D"

be

Corp.,
used

of

the

or

company has agreed to sell to The Equitable
the United States, and the latter has

30

$40,000

PRESENT

Authorized

PLACEMENT—Under

ploration
Uranium

volume

among

whole

principal amount thereof, after Aug. 20, 1954, and on or before June
30, 1955, and subject to various conditions therein set forth
including
the sale by the
company of the additional common stock now offered,

2702.

p.

H.

7,614,664

railway

oper.

179,

W.

railway

is
in

TO

From Jan. 1—

PRIVATE

dollar

it

engaged

are

\

Common

total

believes

company

inetal-cutting machine tools in the United States.

1,962,332

1,461,072

basis

companies

many

1951

$2,624,617

income—

oper.

1953

in

On

years,

processes.

in

largest of the

Lake Erie RR.—Earnings—

to

Gross

company manufactures and
sells distinctive types
power-operated heavy duty metal-cutting machine tools which are
in
the
automotive,
electrical
and
numerous
other
industries
whose
finished
products
or
component
parts
are
made
by
metal

cutting

Bessemer

*288,426

six weeks will be
required to complete the first
strated, according to Mr. Griffith.
As soon
as
rig will be moved west for the next location

the

corporation

cents)

and

BUSINESS—The

301,716,722 295,448,532

thereafter

The

to

been

Securities and

working

purposes.

of

180, p. 50.

has

completed,

Cavendish

highly

new,

of

are

to

corporate

51,491

*353,936 •'

pur¬

Proceeds

other

they

as

be

general

from

20,828

-

acreage.

month

one

which

is

used

Total

of

acerage has

reimbursement

farm-out

"Regulation

3:30

a

variety

products.

and

costs

if any,
for

tool

shares

construction

proceeds,

starting

area

The

Central RR. of New Jersey-

machine

common

*384,507

2702.

p.

is

company

after,

the

and

2470.

p.

White, Weld & Co. will

produce

its

capital and will be available

—

179,

is planning construction of

company

foundry

1,121,481

*288,188

.

179,

announced.

and
;

it

p.m.

needed

1,143,948
*58,462

1,132,130

72,186

income

company owns, 100%
of the
interest in 42 acres and has *
farm-out ? agreement with Canadian
National
Railway on the re¬
mainder.
Canadian Prospect
will
advance
the

i

<

above.—V.

for each five

PROCEEDS—The

1953—

shares)

has

previous fiscal year, an increase
reached
a
record high
of ?
the end of the 1953 fiscal year.

on

mechanized

166,976,292

4,000,000

——

shares;

This

From

RR.

♦81,252

The

atock

at

»72,717

••1,107,750

railway
railway

oper.

Big Valley North

aompany

$28,514,261

*9,597

*129,449

$238,453

Canadian Prospect, Ltd.—Starts New
Development—

totaled

past year.
This
preferred
dividends,

1953.

the

*9,243

*70,464

from

♦Deficit.—V.

the

after

1951

$218,242

*58,009

non-recurrent

a

State

during

share

common

end

and

1952

$234,026

2,692

1—

$6,752,787

chase any unsubscribed shares.

59,500,000

29,775,877

—

contingencies
stock
(1954—2,266,922

Capital

resulted

July 7, 1954. The subscription rights expire at
(EDT) on July 21, 1954.
An underwriting
group headed by Merrill Lynch, Pierce, Fenner & Beane,

301,716,722 295,448,532

for

(

share

of

Maine

share

one

3:30

42,469,502

3,861,044

——

liabilities

current

.

before

Federal

common

the

at

worth

&

castings
Total

taxes

$3,336,787

Hornblower & Weeks and
;

payable

..

T

.

Co.—Receives Large Order-

Boston

(EDT)

2,720,283

47,301,329

—

Total assets

.

Bullard Co.—Stock Offered—The company is
offering
its common stockholders rights to subscribe at
$32 per
share to 121,440 additional common shares on the basis

1953

3,054,162

—

and

Notes

See

247,500,187 244,516,547

Investments and miscellaneous assets
Plant

ry.

well

Budd

31

$
assets

from

Net

514.

p.

.

$4.06

.

Current

with

per

against

as

,

Gross
Net

$6,526,862
all

Jan.

1953

$207,490

income

oper.

exceeding the previous year's

8,596,601

$4.90

«,

1954
u.

179,

ry.

From

7.

dncome

an

or

for

per. ahare ^of

$17.78
Net

'$29,207,340

$

income 315,792,739 310,331,724
28,181,840
29,525,443
profits taxes
17,068,691
20,928,842

excess

—

'

from

year,

per

$3.20

value

^

fiscal

provision
$2.70

with

$1.90."

Fe<h»inc. & excess profits taxes

Earnings per share of common stock
—*

Book

..

$19.68
of

to

with

this corporation was
30, 1954, according to

April

railway
railway

from

Net

history of

ended

ermont—Earnings—

1954

from

Net

$225,925.

compared

as

the

report revealed.
$6,319,045 before

compares

of

in

year

Sales—

other operating

royalties and
Fed.

for

•

1953

$

'Net profit before

• •

.

•

of

after

equal

sales

fiscal

public on July
totaled $73,570,139

the

1953

item

2,816,580

179, p. 2702.

610.

made

year

This

the

^compared

design

.

and

the

income

$2,889,045

delivery

new

report

Income

of

latest

7.3%,

operations.

scheduled

it will make
-Of its 2,000,000th Ford unit toward the end of this year.
sixrtube

net

volume

its

for

by

tax-free

manufacturing

Motor

Ford

"The

A

thereafter.

shortly

-of-

fall,

Fords,

in

annual

Sales
volume

according to Edward K.
Foster, Bendix Vice-President and General Manager of the Division.
'=•
Mr.
Foster
said
"pre-production" shipments of the hew receiver

.

largest

recorded

raido production

car

1954—5 Mos.—1953

revenues.

the

of

Earnings—

1954—Month—1953

operating

required

B-A's

Brown-Forman Distillers Corp.—Record

operates

$759,906

Ry.

Gross

for automobile radios, will
facilities to meet demand for
the 1955 models, it was announced on July 6.
'r
Part
of the
production increase will be the manufacture of 50%
virtually

assembly

which

division,

*>.

1954—5 Mos.—1953

is $725,000.

Present

Expand Auto Radio Lines

Communications

Radio

».'

-

1954—Month—1953

May—

!

•«.

->t:C-

Earnings—

the

the

completion

(par

used

to

be

will

Calgary refinery, it

7,200

Bendix Aviation Corp.—To

r»«.

V-

Cambria & Indiana RR

commuter

barrels

2702.

p.

trains

delivery

on

rating of the
refinery,
"The new unit will be able to process about 2,000
a
day of straight-run gasoline, or a mixture of straight-run
and
thermally cracked gasoline, to deliver a product even further
stepped-up in octanes. This new production will be used as a highgrade blending agent in gasolines marketed by British American."
The catalytic reformer will be built. for the
company by the Fiuor
Corp. of Canada Ltd.
Construction
will start
early this fall, with

876,917

Bell Loan Co., Inc., Mt. Rainer, Md.—Files—

(

its

at

2,023,138

945,066

income-

When

operate

Railway
Railway

octane

4,306.572

2.300,418

613,828

.

4,741,218

1,550,228

railway-

will

50.

p.

company

"The

railway

oper.

179,

The

1—

Jan.

180,

trains.

42

cover

British American Oil Co. Ltd.—New Construction—

$923,849

227,689

,.':From

now

frSs'-'f:

it

1951

railway—

from

—V.

1952

railway
oper. income—

Net

Gross

ment.—V.

-Earnings—

1953

Maine

completed Highliners
making a total of 170 daily

trains

May—

and

is

f'l

.)»'

.

from

Net

ry.

railwayrailway

oper.

income

:

1954

&

Pacific

1953

-

RR.—Earnings
1952

1951

$18,971,870 $20,644,950 $21,408,389 $22,280,857
1.736,379
1,588,799
1,938,601
3,208,606
*354,087
144,158
285,994
902,467
-•

From Jan. 1—

Gross

from

Net

from

Net

ry.

—V.

railway
railwoy

oper.

179,

p.

income
2470.

93,362,991

104,971,699

105.893,369

104,966,224

11,060,785

16,636,917

13,308,474

15,101,205

1,190,953

5,257,860

3,666,348

3,911,829

i£

Certificates—Halsey, Stuart & Co. Inc. and
associates on July 9 offered $5,100,000 of series SS 2%%
equipment trust certificates, maturing semi-annually
Jan. 1, 1955 to July 1, 1969, inclusive. The certificates
are offered at prices scaled to yield from 1.40% to 2.95%,
according to maturity. They represent the first instal¬
ment'of a proposed issue of $7,800,000.
The banking
group won award of the certificates on July 8 on a bid
ment Trust

& Hutzler

is subject

the certificates

Xssurance

total

Net

from
ry.

I

(155)

railway

income™

From'Jan. 1—

Gross
Net

railway.
railway..;

•Deficit.—V.

1,501,129r
615,369
256,621

940,640

270,253
132,537

income—_

oper.

1,304,852
381,268
149,487

1,347,532
268,037
139,689

179, p. 2471.

bid

the

to

Colt's Manufacturing Co.—Earnings

for the certificates

99.5263

authorization

Net sales of

is

subject

Commission..

to

the Inter¬

of

^

.

'

$7,600/060 of certificates is to be 'secured by
standard-guage equipment estimated to cost not

five

39

general purpose

road-switchmg

1,750

locomotives,

rbad

H.p.

H.P.;

1,600

road-switching locomotives, 1,600 H.P.; 50 Airslide

sleeping

of

authorization

the

tfWtching
12
allcars, and

$8,140,012

taxes, ur
second
quarter

The

compare

small gain in net income.

cars.

reduction

L

y ;

of

Columbia Gas

participating in the offering ttfe: R. W. Pressprteh Sfe Co.;
Williams & Co.; Freeman & Co.; Gregory & Son, the.; Ira
Haupt
Pp.; fm. E. Pollock & Co., Itfc.; Julien Cbllins & Co.;
McMaster Hutchinson & Co.; Mulhrtiey, Wells & Co.; F. S. Yantis &
Co.—V. 179, p. 2470.
•

-

.

•

■

totaling $i;000$<k) as of the date of this report,
$900,~O0O since Jan. 1, 1954.—V. 179, ip. 3.

Bank loans
a

sell,

and

the

show

.

making

advances

cash

.

its

to

$21,860,000 not

borrow

later

subsidiary
than 6ept-

of
to

companies. It proposes
1, 1954, and the remaining

$14,600,900 hot irfter thahNov. 1, 1954—V. 180,

V- 57.

Chicago & North Western Ry^£amifigs-r~.

other

1954

1951

1952

1953

from

railway____ $15,205,995 $16,993,919 $16,944,950 $17,206,002
1,687,503
1,694,532
1,867,868
2,045,919
Net ry. 6per. income™
375,392
420,712
77,570
281,129
from

Net

railway

From Jan. 1—

from

Gross
Net

from

Net

ry.

railway

72,493,674

80,900,732

8,334,349
954,637

179,

79,940,551

79,819,757

5,294,192

•1,516,004

income.

•Deficit.—V.

Net

from

Net ry.

railway.^..

-

$136,271

railwoy

*313,997

~

5,609,072

7,401,670

125,739

2470.

p.

Gross
Net

—V.

877,067
221,144

$172,871
17,118
5,943

88,939

914,390

816,094

50,779

43,548

790,351

130,532

183,353

.

85,346

-"'A

2471.

p.

net

1719.

of

the

to

SEC

authorization

for

to

issue

bidding, $25,000,000 of debentures

cash

has

given interested

and

the

of

resources

terms

for

the

persons

company, to
consideration

redeem,

"

in

accordance

specifically designated
issue of 3ya% deben¬

$25,000,000

1

'

'

■

v

-

Consumers Power

Co.—Offering Terminated—The? of¬
fering of $25,000,000 first mortgage 3% bonds due 1984
has been terminated by Kuhn, Loeb &
Co., Union Secu¬
rities Corp. httd A; C. Allyn &
Co., Inc., it was, ajtirioiinced bn July 8.
1",
This

company

thority

Co

ties

Space Heating Service—

the

Michigan P. S. Commission
gas
space
hbating service to

natural

for

au¬

25,000

customers.

company
customers

asked

provivde

*aw«h«av.i

In

278

supplies
gas
servicfe
to
more
than
Michigan communities. The addition

the

heating

space

classification

375,000.
of

the

gas

25,000

will

bring the total
177,000, a saturation

those

using 8,as for > space heating; to about
figure exceeding. 47%..,
.
,
,
vIn the petition filed, with the Commission, Consumers said, that
enough-additional natural gas to serve the additional 25,000 hpating

■

,

customers will be available

under a new agreement'between its subsidi-'
Michigan Gas Storage Co., and the Panhandle Eastern Pipe .Line
the new agreement will not become effective until; next

ary,

-While

Co.

174,888

railway™.:
railway.
income...

oper.

179,

profit of $521,436 before
$254,001 after Federal in¬
the common stock for the

p.

179,

Consolidated^ outstanding
tures due 1978.—V. 180, p. 57.

r

'V

from

from

Net ry.

1951

1952

$151,612
15,651
5,744

$162,934
?\ 26,629
8,420

18,836
1,727

income

oper.

Ar':

1953

From Jan. 1—

railway

oper.

from

Gross

'l954 '

''

May—

applied

has

competitive

their

Of

J: ■

.

.

'

Gross

at

Commission

(plstdtners "fit
'

May—

1953.—V.

To Expand Natural Gas
In

.

.

of

on

share

per

therein,

Inc.—Bank

'corporation has received SH5C authorization to borrow Wot
of $35,060,d>00 from 19 commercial banks for the purpose

excess

compares with
and
net, profit

cents

due 1978;
until July 13,'1954,
to request a hearing thereon.
As previously reported Consolidated
proposes
to use the proceeds of the sale of the debentures, alohg

Also

The

73

company

and

with

Increase—

with $7,932,677 in the corresponding
period of 1953. Net income-after all charges and taxes was $291,037
equivalent to 13. cents per share against'$281; 169 or 70 cents per
share in the 1953 period.
While operating profits in the first 12
weeks of 1954 were less than in the same period of 1953, the impact
of' Federal
taxes
on
income frak substantially less, resulting in a

Baxter,

.

This
taxes

come

3

Consolidated Natural Gas Co.—Hearing on Financing

from

ry.

.1951
$277,497
*54,294
*2,118

'i

■

stock.
income

common
Federal

1953
...1952
$266,344
$228,699
84,552
74,548
40,825
36,310

1954
$17,828
49,959
21,255

railway.

oper.

Net from

of

new

$9,750,000;

than

locomotives;
purpose
two

certificates

Commerce

issue

following

less

the

of

Interstate

The

the

from

Gross
Net

state Commerce Commission.

the

t« i-vi"

.T' 1

with

Insurance of Salomon Bros.

2%s,

-wi

May—

of 99.313.

as

'i

Colorado & Wyoming Ry.—Earnings—

RR.—Equip¬

Chicago, Milwaukee, St. Paul & Pacific

r.'i

■

Financial Chronicle

Number 5341... The Commercial and

Volume 180

'

-i

service to the additional 25,000 customers can
be
provided
during-the coming winter by means of natural gas that will be in
the underground storage facilities of Michigan Gas
Storage at the
beginning of the heating season.-

year,

To Redeem 3%%

Bonds—

■

.

Commonwealth Oil Refining Co., Inc.—Completes Fi¬

Chicago Rock Island & Pacific RR.—Earnings—
May—:.
Net

1954

from

Gross

from

Net ry.

railway

1951

1952

1,242,873

1,690,348

1,426,763

1,335,782

75,217,429

86,927,674
26,762,344

84,*6,935

16,730,055

6,550,246

11,434,527

83,630,678
21,243,111
7,286,070

income

oper.

1953

$14,350,610 $16,136,258 $15,940,598 $16,821,569
2,575,595
3,468,869
3,887,223
4,008,619

railway

From Jan. 1—

Gross

Net

from

from

Net ry.
—V.

railway.

railway
income

oper.

21,018,588
8,780,218

179, p. 2470.

Chicago St. Paul Minneapolis & Omaha Ry.
May—
Gross
Net

from

Net

ry.

railway

127,337

$2,667,013
82,825

♦217,570

•195,332

♦275,448

$2,610>262

323,403
*67,407

income™

oper.

1951

$2,494,836
161,789

$2,490,168

railway

■Earnings

1952

1953

1954

from

Net

from

Net

ry.

railway

1,300,474

179,

p.

12,963,123

841,401
*1,150,543

♦955,693

income

•Deficit.—V.

13,182,877

13,396,201
998,191

*818,773

12,666,081

railway.

oper.

*1,579,864

241,063

2470.

$10,000,000 of 6% sinking fund debentures due Dec. 31,
1966, and 200,000 shares of common stock (par 100) in
the form of units consisting of $1,000 principal amount
of debentures and 20 shares of common stock, it was an¬
nounced on July 8.
The First Boston Corp. acted as
financial advisor to, and agent of the company.
The
in

three

the

Brothers, Laird, Bissell & Meeds, Francis I. duPont
Co., and Laird & Co. have completed the private
placement of 1,500 shares of common stock of this com¬
pany to a group of investors.
This issue recently has
been selling at more than $9,000 per sh.—V. 176, p. 1159.
man

&

lending

shares

of

*1954—Month—1953

661,200

43,705

66,750

216,398

341,132

11,885

33,505

67,950

182,243

4,741

13,904

7,648

19,043

37,600
56,833

8,499

Dodge

9,393

47,939

73,973
101,264
59,951

DeSoto

Chrysler
fDodge Trucks

the

under

to

few

organized

be

in

76,478

...

426,720 i

142,595

*

•June, 1954, figures are
preliminary and subject
ing military and other government.—V. 180, p. 57.

..,758,563

to change, t Includ¬
'

'

,

Cincinnati New Orleans & Texas Pacific Ry.
May—
Net

ry.

$3,495,161

railway..

from

Net

railway

1,370,469
607,507

income

oper.

-Earns.

1952

1953

1954

from

1951

$4,327,722
1,950,758

$3,819,710
1,253,332

949,948

510,581

$3,894,382
1,473,058
602,585

Gross

Net

from

ry.

—V.

railway
railway..
income

17,810,481

6,717,440
2,923,424

oper.

179,

20,537,627
8,232,933

3,753,920

18,429,162

18,785,737
6,169,888
2,438,549

6,410,554

2,700,897

2470.

p.

F.

For

this

said

that

automatic
total

corporation

The

as

control

sales

electronic

for

a

of

result

of

instruments

all

company

equipment

Instrument

and

Division

its

the

now

increase

amount

in

in

to more

sales of
25% of the

orders,

new

including

products,

aircraft
is

servo-mechanism

,

than

business

over

the next two years, Mr.

Clary said.—V. 179,

p.

1931.

company

proceeds will be used, in part, to repay the company's out¬
bank
loans
of
$29,000,000.
These loans
were
incurred
finance the construction program of the past two years.

be

used

in

of

proposed

for

1952

and

1953

construction

which

further

will

will

the

build

also

largest

company.

water

deep

a

ocean

terminal

to

ac¬

tankers.

Uranium

Oil

&

A.

Hogle

Corp.

—

Co.

&

Offering
associates1 on

Stock

and

net

proceeds

are

to be used to pay expenses incident to mining
in the Utah

Savings &

Trust Bldg.,

&

Co.;

with

Harrison

S.

A.

Hogle

Brothers

&

&

Co.

Co.;

In
W.

the offering were Coombs
D. Nebecker & Co.; P. G.

Christopulos

Whitney
&

Co.;

&
Co.;
Cromer Brokerage Co.;
A.
P. Kibbe & Co.;
Investment Co.; James E. Reed Co.; and Walter Sondrup
all of Salt Lake City, Utah.—V. 179, p. 2806.

The

Trust

Aj.

ylr?

Crampton Manufacturing Co.—Bonds Called—
•

All of

the

1,

105%
New

outstanding first mortgage 5 ¥2% sinking fund bonds due
have been called for redemption on Aug. 1, next, at

1966,

and accrued interest.
Payment will be made at The National
of Detroit, trustee, Detroit, Mich., or at the Empire Trust Co.,
York, N. Y.—V. 170, p. 1292.
v

Curtiss-Wright Corp.—To Power New Fighter—
The
at

Curtiss-Wright J-65,
a
high capacity turbojet engine rated
than 7,220 pounds of thrust, has been selected to power the

more

Lockheed

new

U.

S.

F-104, it was
Force, the Lockheed

Air

announced
Aircraft

jointly

Corp.,

July

on

the

and

7

by

the

Curtiss-Wright

Corp.
The
and

Lockheed

latest

has

been

F-104,

high-speed

a

day. fighter,

becomes

the

sixth

advanced

military jet aircraft type for which the
by the U. S. Air Force and the U. S. Navy.

specifield

J-65
Pre¬

viously announced J-65-powered fighters and bombers for which the
jet engine is in mass production include the U. S. Navy North Ameri¬
can
FJ-3 Fury fighter, the USAF Martin E-57 twin-jet Night In¬
truder
bomber,
the USAF
Republic F-84F Thunderstreak fighterbomber, the USAF RF-84F Thunderflash reconnaissance fighter and
the U. S. Navy Douglas A4D Skyhawk bantam atom bomber.
The
J-65, which has a high power growth potential, has also been selected
for use in otheil
To

date

added

to

quantity
other

military projects of classified nature.

more

the

than

air

of J-65

Deliveries
two

300

fast-flying bombers

defenses
powered

of

the

United

and

fighters have been

with

States

the

delivery in

aircraft.

of

production units have recently
aircraft, the RF-84F and the FJ-3,

been

started

on

amounted
program

version

of

the

Delaware & Hudson RR. Corp.
May—
Gross

railway™.
|?et from railway
Net ry. oper. income

Earnings

1953

1954

from

1952

1951

$3,552,006

$4,405,632

$4,858,454

$5,294,242

457,594
77,020

957,697

1,069,040

1,133,091

648,081

502,654

5^1,641

19,770,947
3,664,672

22,337,783

24,368,701

24,422,577

5,103,312

5,547,446

5,771,792

1,932,658

3,535,539

2,893,129

2,683,560

From Jan, 1—

Gross

from

Net

ry.

railway
railway

from

Net

—V.

____

income

oper.

179,

2368.

p.

Delaware, Lackawanna & Western RR.—Earnings—
May—
Net

Net ry.

1953

1954

from

from

1951

$8,146,401

$8,056,755

$7,<"80,886

1,256,363

railway

2,319,403

1,963,444

1,664,578

income

oper.

1952

$6,617,881

railway

619,252

1,124,997

943,398

760,405

32,679,106

37,697,493

36,300,638
6,629,434

2,531,353

From Jan. 1—
Gross

from

railway
Net from railway
Net ry. oper. income™
179,

notes

the

in

p.

5,474,718

8,821,816

38,786,964
8,444,226

2,637,253

4,330,009

4,081,312

2471.

Detroit Edison Co.—Chairman Retires—
Prentiss

July 1,

Consolidated
Gas Electric Light
& Power
Baltimore—Bids to Be Received July 19—
The

company will on July 19 receive
first refunding mortgage

$40,000,000

July

15,

1989.—V.

179,

Co.

of

has

Brown

retired

as

Chairman

of

the

Board,

effective

180, p. 57.

Detroit & Mackinac Ry.—Earnings—
Gross

1953

1952

1951

$156,671

$167,429

$190,595

38,034

44,235

72,866

$261,696
151,306

1954

May—
from

from

Net

ry.

railway

railway

19,135

20,993

35,648

56,818

766,765

776,868

198,492

811,546
233,175

200,315

971,287
429,834

101,318

income—

oper.

122,018

96,878

157,746

From Jan. 1—

Gross

bids for the purchase from it
sinking fund bonds, series Z,

2806.

p.

M.

1954.—V.

Net

from

Net

from

Net

ry.

—V.

approximately $25,000,000.
1954 is estimated at $13,spent by April 30, 1954.
A

$2,700,000 had been
increase in its pipeline

represent

the

to

first

Consolidated Laundries Corp.—Earnings Rise-

to

for

involve

system, scheduled
additional

to com¬
construction ex¬

Net

profit

periods
ing

ended

for

share
with

public

financing

by

the

company.

this

Income

June

Federal

19,

1954,

income

income

taxes

amounted

taxes

347,000 shares of

net

amounted

common

for

the

first

six

railway..

railway
p.

_

income

oper.

179,

2703.

\

to

stock outstanding.

This compares
after

the common
before

stock

Federal

in

the

income

$1.19

corresponding period of 1953.
for
the
second
quarter
Federal
on
the

taves

amounted to $583,790 and after providing for
taxes amounted to $282,830 or 81 cents per share
year

Detroit Toledo & Ironton
fiscal

and after provid¬
$473,365
of
$1.36 per

to $963,253

profit before Federal income taxes of $843,507 and
for Federal income taxes amounted to $415,884 or

per share on
Net
profit
of

before

Federal

on

providing

Simultaneously with the issuance of the hew bonds, $27,900,000 of
outstanding unsecured notes held by a financial institution will be
exchanged for an equal amount of first mortgage bonds.—V. 180, p. 57.

May—
Gross

from

Net

from

Net

ry.

railway™.

railway

...

1954
$1,341,570
311,701
211,988

oper. income

RR.—Earnings—
1953
$1,569,227
382,270
151,490

1952
$1,391,539
398,752
173,592

$1,523,910
568,680

1951

9,583,582
2,855,114
1,183,782

7,753,486
2,476,901
1,039,309

8,315,707
3,505,304
1,477,826

247,480

FrOm Jan. 1—

Gross

from

Net

from

Net

ry.

—V.

179,

p.

8,012,493

railway

railway

r_

income™
2703.

oper.

2,552,527

1,371,497

publisher;

THE COMMERCIAL AND FINANCIAL CHRONICLE

(Reg. U. S. Patent Office) William B. Dana Company, Publishers; 25 Park Place, Ne* YOrk 7, N.
REctor 2-9570. Herbert D Seib?rt, Editor And
Dan* Seibert. President. Published twice a week [every Thursday
(general news and advertising Issue) with a statistical issue on Monday!. Other offices: 135 S. La Sallfe Street, Chicago 3, Illinois
(Telephone 6Tate 2-0613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards ^ Smith. Copy right 1954 by William B; Dana Company. Reentered as second, class matter February 25, 1942 at the
post office at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States,
U. S. Possessions, Territories and Members of Pah-American Unibh, $48.00 per year; in Dominion of
Canada, $51.00 per year. Other Countries, $55.00 per year.

William

NOTE:

the

which is the Navy's
F-86 Sabrejet.
Approximately 25% more powerful than the jet engines it is re¬
placing hi the military program, the J-65 is in mass porduction at
the Wright Aeronautical division of Curtiss-Wright.—V.
176, p. 2530.

—V.

has received SEC authorization to issue unsecured
during the period July 1, 1954, through Dec. 31,
aggregate principal amount of $$14,300,000.
The notes
will be issued against borrowings of $13,450,000 from banks and the
balance from New England Electric System, parent.
With
the proceeds, Connecticut River Power proposes
to pay at
maturity the $5,540,000 of short-term bank notes and
$850,000 of
notes held by NEES, the balance to be used for construction pur¬
poses.—V. 179, p. 2703.

Farmers

company

promissory

1954,

series due 1982, are
principal amount of the
at 105 V\ %, and accrued

corporation and consolidated subsidiaries had net earnings
$2,293,541 in the six months ended April 30, 1954, the first half
of the fiscal year, C. J. Reese,
President, reported.
Sales for this
period were $104,549,643.—V. 179, p. 1264.
,■
3

Gross

J.

3%%

-

of

carrier-baSed

company's office is located

Associated

proceeds, together with other corporate funds,
the company's 1954 construction program.
Property

mence
in
1955,
is, expected
penditures of $23,000,000.

This

Commonwealth

the

of

bonds,

$25,000,000

the

of

company's

B00,000,

Board, who is a former President
Inc.,
announced
the election

Products

President

as

Salt Lake City, Utah.

due

The

Rico, has raised an
construction and initial

July 8 publicly offered 1,500,000 shares of common stock
(par 2 cents) at 10 cents per share "as a speculation."
The offering was oversubscribed.

of

will

the

of

Petroleum

Saacke

W.

Comstock

promarily to

additions

company,

Puerto

of

Commonwealth Oil Refining Co., Inc. has contracted
with major
^companies for the supply of its requirements of crude oil on a
Jongrterm basis,
The company has also negotiated long-term con¬
tracts for the
sale
of more
than 90%
of
its refined
products to
substantial customers.
The products of the refinery will be a high
grade of aviation gasoline, high octane motor gasolines, intermediate
oils, fuel oils, and by-products usual in the operation
of such a
refinery.
t

standing

balance

Chairman

Eastern

Commonwealth

full

filed
a
registration
statement with
the SEC on
1954, covering $30,0000,000 of first mortgage pipe line bonds,
due 1974, and 110,000 shares of cumulative prefered stock, $100 par,
to be offered for public sale through an underwriting group headed
i>y Dillon, Read & Co., Inc.
The interest rate on the bonds, the
dividend rate on the preferred, and the public offering prices and
underwriting terms are to be supplied by amendment.

The

This

of

Connecticut River Power Co.—To Borrow—

July 1,

Net

capital.

one

machines,

Colorado Interstate Gas Co.—Registers With SEC—
The

private

by

laws

and

program

past eight years, Mr. Saacke has been associated in an
capacity with Davison Chemical Corp., prior to which he
was with M. W. Kellogg Co,
With
an
intital
rated
capacity sufficient to refine
a
minimum
of 21,770 barrels of crude oil daily, the new
refinery will also have
ample storage facilities both for crude oil
and refined products.

hardware.

production, with quality manu¬
facture of servo motors, gyroscopes and precision valves.
The com¬
pany has a backlog of instrument orders in excess of $4,000,000 and
orders extend

the

the

development

entirely

under

to

8
for
the
Commonwealth of

July

the

The

components for
automatic guidance systems were the highest in the history of its
Instrument Division daring the month of June and are continuing
to mount, Hugh L. Clary, President, said on July 7.
He

financed

Carter,

Shell

Charles

The

by

attracted

on

the

of

Continental Motors Corp.—Sales and Earnings—

the

to

mortgage

all

This

has

addition

activities.

Clary Multiplier Corp.—Sales of Unit Increase—
Sales

consummated

industrial

Oversubscribed—J.

From Jan. 1—

Net from

Commonwealth

in

stock

first

that

bonds will be redeemed on Aug.
2, 1954,
Redemption will be made at City Bank
Co., 22 William St., New York, N. Y.—V. 180, p. 57.

^

its

1953

investors.

common

common

the

interest.

Bank

additional

aggregate of $24,500,000 to be used for the
operating requirements of a modern oil refinery on Guayanilla Bay,
about 15 miles west of the City of Ponce.
The largest oil refinery in
Puerto Rico, it will be built by The Lummus Co., New
York City,
designing engineers and constructors for the petroleum and chemical
industries.
It is expected to be "on stream" by the end of 1955.

commodate

Gross

with

of

debentures.

Rico

notes.

placed 326,200

also

Oil

shares

participating

are

of

notified

Aug.

banks

executive

Passenger cars:
Plymouth

Total.

secured

Corp. has

Commonwealth

and

of

*1954—6 Mos.—1953

the

commercial

Financing arrangements were
largest industrial project to be

A.

Period End. Jun 30—

under

Boston

outstanding
notes

of

Chrysler Corp.—June Auto Output Off—

largest Puerto Rican

First

Fuerto

Christiana Securities Co.—Stock Sold Privately—Leh¬

being

secured notes, due 1961, and the direct placement with
a limited number of investors
in the United States of

The

From Jan. 1—

Gross from

nancing—This corporation has arranged for the borrow¬
ing in instalments prior to Dec. 31, 1955, of $12,500,000
from several commercial banks in the United States on

Holders

On account

of the fluctuations in the rate of exchange, remittance for foreign subscription* an d advertisements must be made in New York




funds.

4

The Commercial and Financial Chronicle

(156)

Sales

—1

—V.

Y.—Registers With SEC—

Dividend Shares, Inc., N.
This

stock.r—V".

capital

6,

July

oh

SEC

the

179,

1611.

p.

tis

bottle

four-years-to-pay

payment,

Sales

General

and

allows

plan

new

schedule.

"

bottle

Houston,

:

The

$8,194,581

$7,636,269

railway.—

4,296,834

income.

2,513,368

4,620,426
3,413,437

Net

from

Net

ry.

3,909,840
3,335,104

oper.

3,788,909

railway—_

*2,176,691

16,653,546
3.227,996

Net

from

Net

ry.

income-

*3,191,306

1,429,809

9,548,029

oper.

♦Deficit.—V.

179,

13,487,842
913,440
120,497

14,052,990
919,578

*108,385

2471.

p.

Net

from

Net

ry.

$768,695

$668,178

20,666

161,843

132,125

*15,139

43,773

105,685
'■

Net

ry.

736,007

487,729

690.138

156,259

285,107

207,520

380,164

income—

oper.

•Deficit.—V.

179,

1953

1954

ry.

railway-

$467,100

$511,600

$383,300

$400,200

119,413

141,252

*16,732

76,650

income—

32,040

71,110

*73,292

*2,231

oper.

>

from
ry.

393,917

447,029

*158,993

*15,982

2,300,200

2,925,200
836,494.

income—

249,715

♦Deficit.—V.

179,

2,238,100

2,187,700

railways-

oper.

,

Florida

per

new

wage

321.—V.

Local

179,

stock,

29,

178, p.

and

the

registration

a

Air

Lines

Stock

Management

the

of

the

proceeds

loan;

and

any

balarlce

EUA.

See

also

V.

EUA

Plan.—

Purchase

stock,

common

will

share

for

to

prepay

be

each

gration

the

California,

of

application

operations

of

In

a

needs

power

to

the

for

shares

1954,
held.

short-term

general

sub¬

29,

then

June

on

sell

bank1

of

purposes

illustrated

Dynamatic

Known

and

speed control units, engineered
horsepower drives,
is detailed
Bulletin FAS, just released by the

fractional

of

eight-page

company's

three

Division.

into

the

months

of

controlled

adjustable

net

1,784,654

James

for

sales

the

to

speeds.—V.

Bradburn,

Philip
of

S.

the

Executive

Fogg

179,

179,

Vice-President

p.

Mr.

1611,

since

operating
iterating

and

1954,

continue

as

2140.

30,

July

on

ry.

1954—Month—1953
$5,085,829

2,475,188

3,247,421

20,152,661

oper.

opsrs.

$1,041,985

$1,838,408

*$1,487,724

$8,223,741

income—

706,156

482,100

*3,832,249

2,046,320

179, p. 2471.

largest

and

campaign

&

most

in

the

at
television

year

will

which

Phonograph Corp.—Has Large Ad¬

Kory,

Director

of

of

cost

receivers,

include

promotion

comprehensive

history
total

a

ads,

material,

this
of

radios,

national

newspaper

Bales

the

was

179,

advertising
corporation,

more

than

paper

ads,
ads,

announced
p

sales

$7,000,000,

promo¬

for

the

covering

national

51

filed

1954

from

Net

from
ry.

July

and

7

by

Net

railway
railway,

oper.

income—

Net
—V.

from

from
ry.

railway
railway

oper.

179,

p.

cents

98

per-

of

as

179, p. 2596.

income—

$75,000,000

statement

of

GPU

1,

1955,

24,670

32,713

1,766,930

1,843,705

1,557,770

469,257

645,022

413,474

573,902

139,325

income

223,691

158,239

266,788

2473.

1954—Month—1953

1954—5 Mos.—1953

$8,726,580 $39,900,962 $40,005,549

$8,502,494
2597.

p.

which

been

W.

H.

Bouck,

been

President,

on

June

between

completed

this

(Canada)

Co.

Ltd.,

31

mining claims held
Algoma Uranium Camp.
Under

the

$40,000
said

in

Gui-Por

has

given

and

development

the

Blind

River-

a minimum
of
work upon the

in return for which
option to acquire the

1955,

1,

May

New

in

Zinc

Jersey

and

is to expend
development

Jersey

New

before

or

arrangements

New

exploration

Uranium

Gui-Por

that

and

company

the

exploration

on

Uranium

New

the

ment

Jersey

an

arrangement,
the

The

and

in

the

by

new

production

if

and

warranted

receive

will

substantial

a

transferring
the
the initial financing

claims

for

for

provides

Jersey

be

Uranium

company

also

New

will

company

Gui-Por

arrangement

company

of

new

a

claims

interest

it.

with the provisions
formed for the develop¬

Jersey exercises its option in accordance

of

stock
to

claims

announced

30

for

—

claims.

said

of

by

arrangement

performing

mining

"The

with

called

Canada

Ltd., Toronto,
Exploration and Development Agreement—

property embracing

the

SEC

zone

the

on

redemption

for

and for the
1965 which

pay¬

the

between

Algom

on

the

of the

for subsequent financing to the
by both New Jersey and Gui-Por

Nordic Lake

development

Ohio

from

Net

ry.

west. " ;

;

1953

1954

from

Net

to

operations
the

to

east .and

the

V.

"

.

RR.—Earnings—

May—
Gross

1,240 acres lies astride the favorable
"middle belt" of the district.
It is

some

important

Mclntyre-Aquarius

Gulf Mobile &

due

have

Acceptance Corp. below.

Uranium'Mines

contact

1951

1952

$6,540,275

$7,478,933

$7,432,238

$7,565,299

1,518,555
629,853

railway

2,063,687

2,126,726

1,866,498

797,251

799,706

676,195

39,317,499

37,353,421

35,989,086

12,389,852

10,959,626

9.149,207

4,930,790

4,193,698

3,355,789

railway—.

oper., income

From Jan. 1—

from

Gross
Net

from

Net

ry.

—V.

34,520,176

railway

railway—*

8,881,652

oper.-income-

3,569,949

179,

-

2473.

p.

Hampton Mills, Inc.
Elected—

: '

the

Corp.

to succeed, as of
whose
resignation

after

General

the

President of
1,: John

Aug.

President

as

active career

an

'

v-

.

is

180, p. 59; V.

of

$1,150,000 guaranteed first mortgage bonds, due June
1, 1966, it was announced on July 8.

in business

Idaho

director

a

179,

and

Vice-

former

2369, 2141

pp.

to

the

for

has

meet

179,

in

order

an

20,500

price

given

hearing

a

Metropolitan

for

purchase

a

to

and

SEC

additional

an

of

and

1832..

The
SEC

thereon.

its subsidiary, have
Metropolitan to issue
no-par common
stock to
Co.,

shares
$100

its

of

per

share,

persons

$2,050,000;

or

until

July

16,

Metropolitan proposes to use
requirements of its construction

the

covering

the

to

pro¬

program.

This

company

covering

29,600

filed

a

letter

notification

of

$10.12'/ss

State

The

make

per

4

Vis,

Inc.,

Investment

Chicago,

of

in

or

due

Co.

of

111.

to

are

to

be

officers
uspd

be

and
pay

to

operations.

Portland,

The

advances

net
to

Me.,

proceeds
certain

McDougal

and
are

to

be

used

subsidiaries—V.

RR.—Plans

Refunding—

July 13 will issue

on

for bids

invitation

an

on

July 29

of consolidated mortgage

in

remaining

all

underlying

mortgages will be satisfied and the
will become a first lien on virtually the entire

mortgage
180,

Indiana

share

investments

proceeds

the

with

cents)

10

(par

company's

60.

p.

*

the

with

shares

of common stock (par $1) to be offered
through the following Boston (Mass.) invest¬
ment
bankers:
Townsend, Dabney
& Tyson;
Schirmer,
Atherton
&
Co.; F. L. Putnam & Co., Inc.; Shea & Co., Inc. and Hodgson & Co.;
at

The

notification

of

stock

the

bonds to refund a like amount
1982, now held by several insurance companies.
This financing is part of a long-range program to bring all the
road's properties under one mortgage.
When this transaction is com¬
of

system.—V.

30

June

on

mining

to

letter

a

common

through

of

share

underwriting.

incident

for $25,000,000

pleted

corporation

filed

25

shares
per

Illinois Central

consolidated

General Waterworks Corp.—Files With SEC—
The

cents

without

expenses

June

on

100,000

50

at

directors,

the

and

1954,

2807.

p.

Mihes, Inc., Seattle, Wash.—Files—

Iron

corporation

authorizing

interested

part

Edison

Bonds Placed Privately—This

—

company, a subsidiary of D. B. Fuller) & Co* Inc., has
placed privately, through White, Weld' & Co., an issue

.

President,

new

GMAC.—V.

Commission

&
to

171,

&

Michigan

This company

$16,500,000
preferred

180,

stock

p.

Co.—Plans

Financing—

plans to sell at competitive bidding on or about Oct. 5
mortgage bonds and 40,000 shares of cumulative

first

stock

common

—V.

of

Electric

(par

to

be

in

$100),

sold

addition

American

to

I

60.

to

Gas

&

$2,000,000
Electric

additional

of

Co.,

the

parent.

'

1993.

Georgia Southern & Florida Ry.—Earnings—
May—
Gross

1954

from

from
ry.

railway

1951

1952

$807,581

$850,637

$779,104

$714,891

260,636

350,201

-304,097

235,951

55,879

84,071

61,598

57,790

railway—

oper.

1953

The

income

From Jan. 1—

from

Net

ry.

railway
railway.

oper.

179,

4,146,993

4,309,366

3,979,230

3,591,116

1,228,645

1,800.327

1,473,726

1,170,555

126,975

406,039

338,688

273,342

income—

2472.

p.

The

75,333,135

73,348,087

73,364,197

SEC

20,507,671

17,991,922

17,621,748

5,690,277

8,638,356

9,749,878

6,976,663

corporation

offered

Inc.,

on

June

covering 9,996,000
at

three

Denver,

incident

to

agreement

cents

Colo.

21

shares
per

The

net

Exchange Commission—

filed
of

share

proceeds

mining operations.

a

letter

common

of

stock

through Carroll,
are

to

be

on

and

Corp.—Merger

July 7,

without a

plan of

exchange

Approved—
the

for

acquisition by
properties

Penn-Texas
and

Corp. in exchange for common stock, all of the
business of Industrial Brownhoist Corp., subject to its

Exchange is to be made
Texas

iisted

on

the

total

The

460,000

a

share-for-share basis,

York

June 22

on

of

on

New

Brownhoist.

inally approved
Of

the

Stock

Exchange
and

agreement

approval

single dissent, voted
calling

one

for

plan

of

liabilities.

share of Penn-

each

share

exchange

of

In¬

was-orig-

by the directors of both corporations.
shares

of

Industrial

Brownhoist

stock

out¬

standing, holdersi of 412,406V/2 shares approved the exchange, represent¬
of the stock,

well

over

the two-thirds majority required under

Ohio law.

>

Geronimo Uranium Mining Corp., Salt Lake City, Utah
—Files With Securities and

Brownhoist

stockholders

the

ing 89%

1951

13,078,591

of

dustrial

from

63.308,844




70,313

29,023

Guardian Credit Corp.—Exchange Offer—

10-year (debentures due' 1964
1969, to be offered for

debentures

Acceptance

corporation

-

Net

$12,878,737 $15,672,903 $14,702,904 $15,270,515
2,862,231
4,373.528
3,141,017
3,185,741
1,256,451
1,773,545
1,298,059
1,236,512

2472.

Motors

of

sell

Gross

1952

1,778,021

railway

p.

179,

offered

—V.

1953

10,533

$328,330

61,858

:

Uranium.

'

G.

President

Net

2472

1952

$309,205

97,980

(H. L.) Green Co., Inc.—June Sales Lower—

new

an

April

Stradella,

ads,

Michael

.From Jan. 1—
Gross

to

outstanding

Corp.—Registers With SEC

registration

a

15-year

of

years.

Mr.

extensive

newspaper

billboards
on

1951

1953

$381,882

63,891

railway

oper.

Industrial
and

scheduled

phonographs and air-conditioners,

magazine
trade

Sales.—V.

May—
Gross

stock

for

General

p.

RR.—Earnings—

Net

regular

a

months

Schumann, Jr.
Mr.
Schumann,
becomes effective July 31, is retiring

Net

Erie

three

J.

$18,664,937 $23,898,839

vertising and Sales Promotion Schedule—

cooperative

equivalent

were

common

Stradella, Manager,
New York
staff of
Overseas
Operations Division, has been elected

Condon,

Emerson

earnings
shares of

covering

due

Charles

also

The

not .comprise

have
prepayment on July 29, 1954, at 102% and accrued
The balance of the proceeds will be added to working cap¬

interest.

15,675,098

ry.

RR.—Earnings—

$345,302

ital.

—V.

t

$3,517,173

Emerson Radio

tion

do

merger

$60,372,744,

through

called

been

1954—5 Mos.—1953

revenues-

♦Deficit.—V.

ensuing

the

29, 1954, at 100%
and accrued interest,
$40,000,000 of 3%%
notes, due May 1,

of

ment

SEC
Net

profit

Mills, Inc. below—V. 174, p. 1296.

1954,

debentures,

request

expenses.

fr.

rev.

Ltd.,
before

Fuller & Co., Inc.—Unit Borrows—

$75,000,000

applied

February,

will

Fogg

1720

Elgin Joliet & Eastern RR.—Earnings—

Net

inte¬

Co.,

underwriting group headed by Morgan Stanley
& Co.
The interest rates on the debentures, offering prices and under¬
writing terms are to be supplied by amendment.
Net proceeds will be used for the payment of $87,500,000 of 2'/4%

710.

p.

President.

as

Board.—V.

period End. May 31—
Ry.

State

1954,

25,

the

and

Golden

anticipated from the merger.—V.

corporation

ceeds

Ry.

Feb.

on

General Motors Acceptance

and

5,674,584

Period End. June 30—

stage

and

R.-

from

from
ry.

If

benefits

This

Chairman

methods

of

merger

were
$85,572,967,
while
net*
naturally
far
exceeding
the
level
of any previous three-month period in th£ company's history.
Operating results, therefore, already have begun to reflect some

June

17,284,458

4,802,281

r

From Jan. 1—

Gross
Net

1954.

amounted

The

14,810,336

6,604,006

2,903,779

_

income

Gui-Por

General Public Utilities Corp.—To Increase Investment

ElectroData Corp.—New President Elected—
succeeds

Foremost

the

company

following

$137,565,
the

on

31,

Gross

of

integral

an

by Merrill Lynch, Pierce,

reporting period, no camparable figures are available.
income, after taxes, for March-May, inclusive, totaled $1,857,236
was
equal
to
3.1%
of
net
sales.
After
preferred
dividends

the

18,726,100

12,812,550

_

income..

oper.

ol

Fractional

as

Horsepower Ajusto-Spede
Drives, the units
combination of AC constant speed induction motors,
eddy-current
couplings,
and
electronic
speed
controls.
They
are
readily adaptable to many and varied applications requiring closely
are

ry.

58.

p.

combination

specific

new

from

Exploration

of

91,643,748

railway
railway

had

sales

2,90932

92,389,058

1954

Net

Sold—

Stock

of Foremost Dairies,
Inc., for the first three months of com¬
operations, covering the period March-April-May, 1954, amounted
$3,005,637
and
was
equivalent to 4.98%
of
net
sales.
Because

the

3,165,305

,96,180,286

from

taxes

Motors

of

line

of

following

New President

meet

railway...

oper.

bined

Eaton Manufacturing Co., Kenosha, Wis.—New Bulletin
Its

Gross

and Kidder, Peabody & Co, and asso¬
oversubscribed. See details in V. 180, p. 58.

was

public sale

and

offered

be

12

$2,000,000

a

applied

issue

to

stockholders of record

will

180,

authorization

SEC

additional

one

From

to

2,388,614

dividends

2,099,608

88,817,784

.

& Beane

Fenner

SEC

Associates—Financing Authorized—

has received
shares of its

at $29 per share by

basis

with

statement

'IV*:

Utilities

additional

scription

4,603,355

3,112,762

Co.—Preferred

railway

located

V1'

company

82,451

6,218,674

2,746,414

Light

2,008,555

May—

15,356,935

18,061,045

5,712,107

2,231,714

accrued

(D. B.)

covering 200,000 shares of its $1 par common
to its supervisory personnel pusuant to the com¬

Eastern

568.

Eastern
This

on

filed

1954,
offered

1954

pany's
V.

be

to

372,14?

413,971

4,811,581

&

-

-

1951

179, p. 2473.

—V.

1932.

p.

corporation

June

from
ry.

share

*

This

747,907

Air Lines, Inc.—Registers With SEC—

Eastern

from

Net

Power

See Hampton

on

812,069

17,555,019

•

~

>

.1952

$22,462,396 $22,110,281 $24,818,803
5,827,731
5,976,662 i 7,950,021

4,076,942

Sales

May

rates will become effective July 19, 1954.
Factory
workers were represented in the contract negotiations by The Inter¬
national Union of Electrical, Radio and Machine Workers
(IUE-CIO)
(The

950,797

16,345,668

-

1953

.

$20,833,116

income—

Green Bay & Western

$2,787,389

456,517

railway—

_

railway.

oper.

Net

1 of 50,000 shares of 4.32% cumu¬
lative preferred stock, series D (par $100) at $102 per

and

'

Ry.—Earnings—
1954

from

ry.

1951

.

$2,938,641

2472.

p.

Increased

1954—11 Mos.—1953

$7,457,502 $84,465,017 $91,083,531

2141.

p.

from

The offering on July

Net

Reeve, President, on July 2 announced a wage increase
workers averaging 5c per hour, and an increase averag¬
week for, weekly salaried employees of the company.

$

122,242,"038
'

Sales

1954—Month—1953

$7,593,320

Great Northern

interim

Homer

factory

1952

1953

235,216

railway
railway
income—

179,

share

ing $2

'V."y

$2,993,663

oper.

payable

W.

$

125,425,734

..

May—
Gross

Net

$5,428,030

$5,227,987

503,640

from

from

185,702

2471.

p.

1954—6 Mos—1953
•.

25,454,100

From Jan. 1—.

$2,647,889

income—

oper.

ry,

634,627

Easy Washing Machine Corp.—Increases Wages—
for

179,

to

railway——

from

Net

Net

railway
railway——

Reflecting

From Jan. 1—

Gross

$1,138,386

y.;v

1954

ry,

1951

railway——

from

from

Net

—V.

Gross

Foremost Dairies, Inc.—Results for Quarter—

1952

1954—Month—i953

_4.il

Sales

See Merchants

May—
Net

Grant Co.—June Sales Higher—

Grayson-Robinson Stores, Inc.—June

From Jan. 1—

ciates,

2471.

p.

2,902,015

179, p. 2596.

N6t

Net

Winnipeg & Pacific Ry.—Earnings—

Duluth

Gross

'•

351,020

railway—

from

Net

■

3,359,394

3,205,012

3,581,389

2,829,781

railway

from

U

:

5,507,709

1,362,393

2473.

p.

—V. '179,

140,655
97,762

'

1—

From Jan.

Gross

2596.

from

from

Net

$725,003

$523,573

income—

railway

oper.

24,829,000

4,048,692

3,557,982

25,924,832

Net

1951

railway-..'-—

from

Gross

:■

1954—6 Mos.—1953

1954—Month—1953

May—

—V.

1952

1953

1954

23,864,000

6,658,835

1,603,716

Period End. June 30—

'

Gross

May—

179,

27,123,000

4,836,897

income___

oper.

$ ■

Florida East Coast Ry.—Earnings—

.

Net

-Earnings—

428,937

24,669,000

(W. T.)

Fishman Co., Inc.—June Sales Off—

p.

Net

Duluth South Shore & Atlantic RR.-

1,017,975

167,052

Period End. June 30—

the com¬

yy.-f yvyy;y.'

$1,052,450
179,

Gross

railway—

from

—V.

—V.

From Jan. 1—

Gross

I $4.86

$7,329,183

2,974,949

$3.38

measuring and controlling in¬

1158. vV.\

Sales

—V.

$6,020,887

697,297

984,925

railway.
railway

from
ry.

Net

,V

railway.-

from

Gross

1,759,952

409,030

from

Net

1953

not reported because

are

manufactures industrial

company

struments.—v.-179, p.

1951

1952

1953

1954

1,020,678

income

oper.

stock

mon

(M. H.)

Ry.—Earnings—

Duluth Missabe & Iron Range

Gross

$237,407

share on Participating Preference Shares are based
of shares outstanding during the respective

Period End. June 30—

May—

$5,075,000

number

average

Earnings per common share
is closely held. •
-

years.

*'

c

1932.

p.

the

on

will handle all monthly payment collections directly.
The Dr.
Pepper Finance Co., a subsidiary which formerly handled all vendor
financing will continue to pass upon all new vendor finance orders.
179,

1954
$246,482

April 30—

income

The earnings per

;

plan,

—V.

$4,730,000

Sales

Earnings per share for participating pref. shs.__

with whom Dr. Pepper developed the

Tex.,

IQ'il

,

$5,988,000

From Jan. 1—

'

Net

be changed, Mr. Clements

vendor cox;tracts will not

Corp.,

T.

* •;

Ended

Year

.

I.

was

(
iq^9

■

$5,029,000

Fischer & Porter Co., Hatboro, Pa.—Earnings—

Manager.

said.
C

It

■

iqc*j

1954

.

railway.
railway

from
ry.

—V.

the former three-year contract plan, the new arrange¬
ment also permits planning of a simultaneous four-year payment and
Existing

Net

dealer's discount of 37 %
quickly completed.—V. 179,

Pepper

Dr.

Replacing

depreciation

share.

per

203.

p.

.

from

Net

$5.75 per share, with a

at

cents

bottlers to increase substantially
the number
of vendor locations at a
minimum capital outlay and
lower monthly payments, according to W. W. Clements, Vice-President
The

Gross

offering of 50,000 shares of common stock (par $2.50)
was made on June 29 by Paine, Webber, Jackson & Cur¬

,

finance program for
vending machines was announced on July 2 by this company.
no-down

Inc.—Secondary Offering—A secondary

Firth Sterling,

^

Pepper Co.—New Vendor Finance Plan—

Dr.
A

May— -'

paid

$4,500,000

Net

company
filed
a
registration state¬
1954, covering 10,000,000 shares of its

investment

York

New

with

ment

Grand Trunk Western RR.- -Earnings—

,

off the
V-loan- with

corporation

original

2595.

p.

Corp.—Repays V-Loan—

remaining $700,000 portion of an
thrfee banks.
The only - remaining
indebtedness
of
the
company
is
$264,500 in
long-term debt, said
T. L. Fawick, Chairman. .
'
*
The
company's
Federal
Motor
Division
in
Detroit, Mich.,
was
recently sold to Mast-Foos Manufacturing Co,—V. 178, p. 385.
•
The

1954—Month—1953
1954—11 Mos.—1953
$2,090,186
$2,417,112 $27,126,271 $29,217,951

—

179,

Fawick

Federal

Off—

Sales

Corp.—June

Stores

Diana

Period End.-June 30—

Monday, July 12, 1954

.

.

.

notification
(par
used

to

with

cent)

one

Kirchner

&

pay

the

to be

Jaquith,
expenses

In

making

the

announcement,

L.

D.

Silberstein,

Chairman

of

the

Board

of
both corporations,
expressed gratification at the sweeping
approval of the agreement by the stockholders. "Industrial Brownhoist
stockholders/* he said, "will now be in a position-to' receive profits not

merely

from

that

company's

operations,

but

also

subsidiaries

uranium,
L.

D.

operating in such diversified fields
the manufacture of wire and cable, coal

Silberstein,

Chairman

of

the

Board

of

from

as

oil,

Penn-Texas
natural

gas,

and shipping.
both

companies,

an-

Volume

Number 5341

180

that

nounced

he

...

contemplating

was

The Commercial and Financial Chronicle

the

integration

of

said that the

Penn-Texas'

recently
acquired wholly-owned
"Quick-Way" Truck Shovel Co. of
Denver, Colo., into Industrial Brownhoist. He pointed out that ''QuickWay" last year did a business of more than $3,500,000 with much of
its

to

that

said

plans

under

are

consideration

to

purchase

from

of

board

new

directors

Brownhoist

of

will

be

E.

Hayes,

former

President,

Board

has

been

Sidney

retained

of Directors.—V.

L.

Operating
Oper.

July

on

of

each

registration

a

statement

with

the

PROCEEDS—The
venture

net

investment

proceeds

situations

BUSINESS—Company
as

closed-end

a

The

and

and

assets

mineral

is

to

in

are

rignts),

used

in

venture

Delaware,

Research

invest

in

Canada

primarily

for

and

municipal

&

semi-venture

or

At

least

Interest
the

securities

investment

of -the

gains

of

30%

The

3,

and

sale

than

90%

corporations

real

capital

and

from

the

1952

It

company.

held

sale

Inc.

whose

on

office

for

is

less

than

at

from

Gains

three

39

So.

EFFECT TO

GIVING

on

-

any

(par

months

must

be

St.,

Bank

share)

first

of

June

on

new

filed

21

shares

60,000

of

letter

a

of

of

stock

common

stockholders

to

Gross

Net

less

FINANCING

.(

■

notification

be

to

record

June

with

offered
18,

at

the

,

the

per

in

New

Chairman.,
Parts

from

Net

ry.

—V.

Mr.

$3,229,067

443,439

533,256

income

223,759

291,222

211,587

204,276

offices,

1,975,553

will

of

2,518,444

control

1,080,213

struments,
and

Insurance

International

shares

of

the

common

offered

at

$3

share, without underwriting.
The proceeds
insurance reserve and surplus for operation of

applied to
insurance company.

International

Shoe Co.(&

Ended

Months

'.;V

.

31—

May

V

:

-

raido

a

sales

'

retire

service,

Income

before

Federal

taxes

income

Dividends
Net

Federal

taxes--

5,543,53 3

Dividends

per

—V.

p.

-

__

4,066,503
$1.20

share

1954—Month—1953

Period End. June 30—

Sales

$5,028,994

—

—V.

$1.41

Jewel

1954—4 Wks.—1953

1

$

Sales

179,

1954—24 Wks.—1953

$

$

"

$2,902,451
$0.95

limitation

from

Net

from

Net

ry.

1954

of

1952
$3.7.TU40

'1,434,553

1,673,466

605,425

819,819

1,520,340
616,485

railway—..
income--

oper.

■

From Jan. 1—

Gross
Net

from

i

17,460,411
7,317,781
3,082,675

railway—

from

railway—™
oper. income

Net xy.

—v.

179,

1951
$3,754,289
1,515,010

tion

electro-mechanical

motors,

and

export ^suppliers

■.

an

valves,

and

aircraft

Natural

Gas

18,783,100
- 8,171,121
3,239,486

plant

to

cluded

Co., Inc.—Debentures

the

4%%

proceeds,

construction.—V.

will

1973

due

be

used
the

and

to

redeem

remainder

to

like

a

produce

to

or

Net

from

Net

ry.

railway

railway

oper.

C.,

—V.

new

from

Net

from

Net

rv.

'

—V.

railway
income.

oper.

179, p.

1951
$564,605

83,411

85,750

97,713

272,767

'

2,127,350
807,200
288,427

2,983,730
1,496,630
.

588,534

•

' 2,994 030
1,447,040
< 528 071

2,846,477
1/45,100
661,714

2473.

Kansas Power &

Light Co.—Ti Sell Bonds—-

..

.

.

the

be

'

-

D.
spen

an

E.
.

Ackers,

-

President.-recently pointed out that the company has"

$87,000,000' c.i conAAuction pf new facilities since 1946> ai,.i that
$15,u0d,0€0 is scheduled for this purpose in 1954. He

addrional




E.

S.

3.25

Co

2.00
2.00

Co

Loeb, Rhoades & Co.

2.00

Moselev & Co.________

Webber,

W.

Jackson

Bros.

&

&

G.-H.

3.25

H.

Walker

Hentz

Rand

2.00

2.00

&

2.00

Hutzler___

Company

Tucker,. Anthony

3.25

&
—

Pressprich & Co.____

Shields

;

2.00
2.00

Marks & Co.__

M.

Curtis

R.

the

in

%
&

Hutton &

Salomon

Corp

shares

■

Weld

Laurence

3.25

have

severally

Allyn & Co., Inc

Carl M.

'

below

names:

3.25

Securities

1954

railway

2.00
2.00
2.00

—

& Co.J—
Co.__

-1-

1.00

Co.

&

1.00

Co._

&

•

income

oper.

from

*430,651:

:

1951

1952

$4,460,279, : $4,539,180
772,039
333,695
64,274
*206,090

111,552

4■...
21,577,422

railway—

1,014,777

772,843

*1,345,186

*2,540,835

*2,773,549

■

.

income-—

Deficit.—V.

21,124,557

617,061

22,298,552
2,442,875

*2,628,279

railway

oper.

1953

$4,417,141.« $4,782,721
v 231,471
>'
864,817

,

179,

20,575,572

2706.

p.

June 25 filed
Shares

on

-(stated-value $25 per

-urrderwriting.

pilots,

to

The - proceedsactivities.

-

letter

ra

of

are

-to

notification

'norr-assessable

share-Jvto be-offered' at
be

$100

used- to

the

with

stock

common

share, without

per

pay> for -expenses

inci¬

mining

Louisiana & Arkansas Ry—Earnings—

and

gyro

equipment,

aircraft

Net

Net

executive

from
ry.

,

v.

■.

V.'-7

^

:

/ ,vV;

to

15

in

continue

from

Net

ry.

—V.

grant

833,743

462,862

566,021

375,333

11,016,512

railway____

$1,957,741
593,260
181,240

held

authority

1,091,297

of

RR.—Plans

offer

at

Refunding—

competitivfe

sale, approximately
due in. 2003.
Knoxville & Cin¬

.

refunding-mortgage honds

will be used

to redeem

the

Atlanta,

division 4'$- bonds' due May
the

by

1, 1955, of which $24,610,000 are
and $5,740,000 are owned by the company.
The
reimburse the railroad for additions and betterments.
fund calculated to redeem the new bonds in an average
public

will

sinking

of 31

9,741,029
3,377,586

1,901,220

to

plans
first and

proceeds

$5,740,00
A

4,212,427

2,537,060

Nashville

&

company

cinnati

,

10,878,991

5,265,640

2,312,280

2474.

p.

$30,350,000

12,343,900

4,506,501

income___

Louisville

counted.

effect

179,

-The
r

$2,211,616

1,106,087

railway

oper.

This

The
and

benefits

1952

$2,602,171

income___

oper.

from

Gross

Net

service.

1953

$2,127,329
887,166

railway—_

railway

From Jan. 1—«

7"Vy;,i.

provide workmen,
years' continuous

1951

1954

.'•■''May—
Gross from

in-<

will be set up.-

years

amend

and

FOR

EARNINGS

May—
Net

from

Net

ry.

MAY

AND

FIRST

FIVE

MONTHS

1954
1953
1952
1951
$15,555,158 $19,727,940 $18,383,385 $17,522,309

'

from

Gross

railway

railway.——

2,032,630

5,544,051

3,693,960

income

1,575,426

2,906,036

1,752,371

1,402,079

82,849,478
14,294,752

98,269,476

95,856,621

92,&99;902

28,288,300

23,157,220

19,619,156

9,724,892

14,163,043

11,215,683

' 8,394,931

oper.

3,547,804

From Jan. 1—«

from

Gross

Corp.—Stock

Net

from

Net

ry.

—V.

railway

railway
income—

oper.

179, p. 2249 and 2474.

Lummus Co., N. Y. City—New Contract—

■

Commonwealth

See

—

New Ore Deposits

The

Oil

Refining Co., Inc,

on June
2,850 shares
share through
net
proceeds are to go to
selling stockholder-.—V. 176,

SEC

Ltd.

Mines

which will

result

in

above.—V.

132,

p.

140.

Under

companies

Lithium

the

just

con¬

America,

of

output of this concentrating mill at its two
Louis Park, Minn, and Bessemer City, N. C.
agreement the Lithium corpora¬

St.

conclusion of this
to

approximately

with

Lithium

double the

p.

of its

corporation's

output of its plants.
announcement several

plans

satisfy

.

per

,

fering

present

This

Levittown

N.

Y.
A

will

Joe Weinstein, Chairman of the Board of
and Gilbert Tilles, of Berger-Tilles Projects,

Irving Berger

and

The

new

largest

will

the

be

an

TO

Lighting Co.—Stock

Queens,

N.

1954—Month—1953

EMPLOYEES—The

additional

64.685^ shares

PROCEEDS—The

net

of

„

proceeds from

is- simultaneously

company
common

;

stock

to

its

of-

employees

the

sale

179, p. 2597.

(J. Ray)

of

the

common

stock

the;

with

stock,

through
Kidder,
issued

an

*

the

with
SEC
to

,

&

filing on June 29 of a registration state¬
300,000 outstanding- shares cf $1 pkr
for public sale by the holders thereof

covering

be

offered

underwriting

Peabody
and

1954—6 Mos.—1953

McDermott & Co., Inc.—Further Details—...

connection

common

Co.,

outstanding

group

headed by Dominick & Dominick and-

it is announced that all of these shares are
and constitute 15% of the total outstanding

are
to be sold by 19 selling stockholders, including
McDermott, Trustee under a Declaration of Trust under
common shares are owned beneficially by his daughter
and her-children; Waterford. Oil Co.,, owner of 188,685 shares; Roger
W
Wi'son.
owner of
180,175 shares, and Albert H. Stall,-owner of

shares.
R.

They

Thos.

which

486,477

180 175

...

80,000

$8,627,441 $44,705,323 $45,428,042

$8,252,466

In

in the fall of 1955.
which opened an

Mays,

Stores Corp.—June Sales Off—

McCrory

ment

construction

1950.—V. 179, p. 2143.

Y., in

Sales

_

for

that

basement building which
store in the country.

apparel

foot unit in the Glen Oaks Shopping Center on Union Turnpike*

square

—V.

second

revealed

and

store is expected to open

Mays

branch

the

be

will

Center,

the two-story
branch

immediately on

believed

-The

Levittown

of

builders

and

start

is

in

a
180,000 square foot branch store
Hempstead Turnpike, Levittown, Long Island,

on

joint announcement by

owners

...

Center,

.

Mays,

it

establish

will

company

in

1964.

at the subscription price.

21 filed a letter of notif/ication with the
of common stock (par $10) to be offered
The First Trust Co. of Lincoln, Neb.
The
Marvin B. Marsh, President, who is the
p. 2532.

May Department Stores Co.—Expansion—

.

Inc.

agreement

Corp.

corporation

covering

$17.50

'

an

concentrates.

entire
at
the

coupled

ago

will,

176,

at

greatly increased
.

owns

two

enabled

OFFERING

;
•

.

C.

W.

6,275,246 shs.

unsubscribed

4.75

3.25

railway—

from

ry.

*

Offered—The com¬
pany is offering to holders of its common stock rights to
subscribe for 690,062 additional shares of common stock
(par $10) on the basis of one new share for each eight
shares held on July 7, .1954. The subscription price is
$19.75 per share. Transferable warrants expire at 3:30
p.m. (EDT) on July 22, 1954, and no fractional shares
will be issued.
An underwriting group headed jointly
by Blyth & Co., Inc., The First Boston Corp. and W. C.
Langley & Co. will purchase any unsubscribed shares.

,

1952
"i $584,302
248,701

'

railway

1

A.

14.00

>•

from

ry.

.

to erect a $7,000,000 plant at Bessemer City,
demands for lithium both military and
civilian.
It
is felt by
the management of Lithium Corporation of
America, Inc. that there will be sufficient quantities available after
satisfaction
of present demands to permit entering into new fields.
N.

1954
T953
$357,Olff Vs. $561,514
94 447
258,293

16.483

income

From Jan. 1—

Gross

"

:

named

all

their

White,

.14.00

Period End. June 30—

Kansas Oklahoma & Gulf Ry.—Earnings—
from

Securities

from

179, pp. 2473 and 2370.

May—

70,000 shs.

1

180, p. 60.

dent

twin-engine

and Learstar

pension plan so as
later with at;, least

create,

Corp.

ore

Long Island

Gross

100,000 shs.

purchase

_____

Net

common

the

plants

move,

months

amount
for

pay

Webster

Net

:

International.

lithium.

between

wi'l

This

with institutional investors.

$4,500,000

debentures

to

Co—

&

•

13,450,000

600,000 shs.

underwriters

Beane—

Net

Rogers, President, announced on July 1, the consumma¬
with Quebec Lithium Corp., a subsidiary of

of

process

tion

Privately—This corporation, it was announced on
July 7, has placed privately, through Central Republic
Co. (Inc.) an issue of $9,000,000 3Vz% sinking fund de¬
Of

25,000,000

$16,000,000

8,000,000 shs.

14.00

&

i

20,000,000

—

Corp

&

Net

agreement

As a result of

Sold

bentures due .1974

par)

Inc

Langley

Gross

179, p. 2142.

Cup

Lithium

chemical

of

C.

Gross

important ore body, 25 miles from
Val d'Or, Quebec, easily accessible to transportation and utilities. The
Canadian company plans immediately to erection of a concentrating

will

Kansas-Nebraska

12,000,000

25,000,000

of.

actuating

automatic

years of service to be
will
also
be
asked
to

Consolidated

Quebec

2370.

p.

30,000|000

1972

1958

__________

commitment

Boston

May—
,

•

'■■.'..v';'vV.'W1

navigation

Corp. of America, Inc.

W.

production

595,547

19,827,514
8,621,288
3,333,547

of

Sullivan

'

20,911,772
9,150,166
3,808,555

Outstanding

Long Island RR.—Earnings—

H.y; Dwight as Board
Aircraft Engine -and

and

on

Directors

Herbert

1953
$4.mo.259

FINANCING

Marsh Steel Corp., North Kansas City, Mo.—Files—

Ry.—Earnings—

$3,358 3«0

railway—

First

—V.

absorb Lear Inter¬

pension of $1.50 for each year, of
be in addition to Social Security

shareholders

of

Lithium

*

May—

firm

a

Union

Opened in Canada—

Cross

($10

110,069,121

2597.

p.

Kansas City Southern

of
the

$71,-

were

200,000 shs.

Corp

Subscription—Of the
stock, recently offered to stock¬
holders of record June 15 at $65 per share, 83,722 shares
were tsubscribed
for, and the remaining 4,278 shares
were placed
by the underwriters, headed by Blyth &
Co., Inc. See details in V. 179, p. 2597 and 2706.

$

18,237,654 124,260,102

21,127,298

—V.

stock

is Learavia.

company

65

age

88,000 shares of

Co., Inc.—Current Sales Higher—

Tea

Period End. June 19—

reveneus

most

75%
For

in

former

would

Lily-Tulip

1954—5 Mos.—1953

$5,316,603 $24,009,021 $24,985,672

to

About

service.

E__

Stone

Off—

179, p. 2597.

1,

debs., due May 1, 1969

D________

ner

„

925.

Interstate Department Stores, Inc.—Sales

i

Board

service

gas

City.

electric

PRESENT

Paine,

to the
pension
plans or programs for hourly-rated employes and salaried employes
of plants
or
subsidiaries not covered in the Federation agreement.
Benefits authorized
under
such plans could be
at no greater rate
than provided in the
pension agreement.
■
y".,
y
VAmendment of the salaried employes' supplemental retirement plan
will also be submitted for approval.—V. 178, p. 1475.

4,793,546

4,066,983
$1.49

—

share

per

the

at

no

The

6,222,824

5,050,544

$1.20

paid

income

179,

income

income

on

(adjusted for minority interests)—_

Harvey

domestic

communications

monthly

a

pension

with

120,047,699 124,160,469
10,543,703
10,986,458

;

by

aircraft electric

pumps

amending

who

1953

1954

of

$20,000,000

F.

Specifically the shareholders wiW have before them a proposal to
approve the agreement made May 15 between the company and the >•:
Federation
of
Glass, Ceramic & Silica Sand Workers of America,

.

TO

3.25

special

,,CIO,

Subs^-^-EafningS-Upr^-T

EFFECT

3.25

meeting of the shareholders has been called for Aug. 24
to approve
pension plan revisions, it was announced on July 6, by
John D. Riggers, Chairman.. *"; •
' i...
7 •
■;

an

and

York

from

3.25

Libbey-Owens-Ford Glass Co.—Pension Plan—

-

wag

record

currently being

1980

1,

series

addition to the New York and Paris
Washington
office
at
1001
Connecticut
Ave.

include

equipment,

LOF

Net

$2,737,075

will

associated ^-activities.

Inc.,

the

products

industrial

A

are

New

Inc.

the exceptiion of
certain
announcement by R. M. Mock, <

an

V

Issuing Corp. on June 25 filed a letter of notifi¬
covering preorganization subscriptions to 90,000
stock (par $1) of International Insurance Co. to

per

to -b*

sink, fund

Harriman Ripley & Co.,

230,000

$0.90

President

also

is

Co., Montgomery, Ala.—Files

SEC

electric

of

Hemphill, Noyes & Co
Kidder, P^abody & Co.__^__
Merrill Lynch,
Pierce, F^en-

distributing firm with extensive,
will become exclusive export

headed

Hargest

and

have

Lear

1,284,499

-

aviation

address

Cable

Jan.

series

W.

productswith

be

the

International,

15,614,805

and 2473.

2142

pp.

1,698,501

due

Whitney engine parts, overhaul tools and aircraft materials,;
in New York, Washington, -Paris,
Miami, .and .Los v .V The corporation
Dwight is also an -officer.
4rtlm.;oprposatiens y. SEC >«overitig--;©00

2,734,355

3,096,179

1,117,561

income—

oper.

with

Net

.stock

Gelln, who. for. many ^ara^liagt ^headed Loar
Export Corp., will be President of the new company.

:;.;vv-vv.v ':-v-

13,261,166 .16,442,833 .16,031,741

railway

cation

V 6ix

$3,132,451

shares)

Lear International;) Inc.,

transport airplanes.—V.

be

1,632,866

230,000

com.

to

1,

3(4%, due July

Mr.

Lear

International
The

$4,765,317

1,743,960

...JL&zare.

.

of

Lost Chord Mining Co., Inc., Seattle, Wash.—Files—

.^engaged in

1951.-f.l

Inc.,

will

issue

Unlimited

due Sept.

operations

Angeles.

V

GIVING

Smith, Barney & Co._______
Glore, Forgan & Co
Goldman, Sachs & Co._

representation

Dwight

and

$3,130,478

railway

179,

to

export

new

according

Co., .1 one t of

Pratt

397,720

from

Net

3%,

The

Dr62,364

Export Corp., present export distributor for Lear products,
International, Inc., with headquarters-at'345 Madison Ave.,
Y.,

shares

31,
1954 total operating
income was $8,361,000.

From Jan. 1—

N.

con¬

to

share

per

D,

Blyth & Co.,

$4,827,681

requirement

and

company,

York,

$3,109,306

1952

additional

derived

are

1953

"

Lear,

$1

For

for

quarterly dividend

stockholders

Authorized

Common

26,883,658

;

(on 3,039,860

Canada,

to

%

31,345,491

(net)

'

a

rate of

The

1954

provides

exception

UNDERWRITERS—The

1954

taxes

applicable

common

July' 1,

new

410,339

oper.

1953

1953.

bonds

3%,

President.

1954
$2,659,828

-

From Jan. 1—

Gross

inc.

facilities

railway—

railway

the

4.25%

$4,776,691

all

,

from

dividend

1,

the

on

company

revenues

4.35%

$36,122,182 $31,711,339

2808.

p.

for

Lear

rate

Aug.

respective percentages shown opposite

May 31—

dividend

net

of

179,

national

per

bonds

annual

November,

Mav

net

mortgage

3%%

1954—6 Mos—1953

Income

The

.

for each three shares held.1 The offering will be
Johnston,: Lemon & Co., Washington,
D. C.
The
to be added to working capital.
•
.

May—

ry.

'

$4,711,035

stock

construction.

expend $77,000,000
the company expects
later in 1954.

Preferred stock, $100 par, cumulative—
5.00%
series
B—_—

'

deductions

for

will

3%%, due Dec. 1, 1976™
Series E, 3%%, due Oct. 1, 1982
Series F, 3(4%, due Sept. 1, 1.983

$1.42

$2,967,075

etc.

products

SEC

($5

par

at

1954

and

Series C,

399.

p.

Dr65,656

with

Net

1954—Month—1953

and

agent

'

102,000 shs.

.'

ended

Series A,
Series B,

Co.^—Earnings—

world-wide

by

are

from

First

$3,658,510

$1.38

179,

income

Effective

Outstanding

international Great Northern RR.—Earnings—

Net

shares.—V.

$3,552,964

income.

Earnings

"

Cross

878,592

revenues

Balance

share

underwritten

proceeds

1,071,591

282,147

'

expenses

Chicago

International Bank of Washington (D. C.)—Files—

two

$4,537,102

$1,578,425
219,648

income.

Lear

The

$4,624,555

common

2597.

Months Ended

—V.

Salle

La

PRESENT

.V

1832.

p.

covering

1,404,194

Kresge Co.—June Sales Decreased—

p.

Interest,

from

incurred

it

cost

$5,941,296

1,721,590

dividends,

derived

Authorized
1,000,000 shs.

,V

Common stock

,

$6,346,145

Lear, Inc.—Expands Lear Export Sales Facilities—

CAPITALIZATION
•«,...

179,

179,

Other

Illinois.

—V.

260,000

Series

2,573,796

Operating

]■
located

months

business

listed

in

payable

with

operating

15,366

$25,239,028 $26,132,848 $142,585,768 $144,170,385

Operating
Operating

estate, leaseholds
rather than

derived

be

share

Island

total

divi¬

com.

on

Preferred

securities.

of

Long

its

$5,925,930

2,935

401,596

requirements^

Based

12

situations.

income.

gross

$6,343,210

$1,980,021

$1,785,673

Laclede Gas

gains

securities

in

income must

gross

securities

of

company's

divi.

—V.

semi-

17,

Management,

(including

produce

to

mortgage
current

level

BUSINESS—The
of

.

stock exchange in Canada or the United States, for the purpose of
producing' "stand-by" operating income pending investment in ven¬

ture

income

(S. S.)

ordinary income. Subject to above policies, the company reserved the
right to invest in United States and Canadian Government, State,
Provincial

1954—12 Mos.—1953

47

loans

this

5

,

offered.

399,408

Sales

or

June

investment

that

of

July 2, 1954 will not be paid

made

management

Canada

Dolicy

company's

activities

of

be

first

per

cents

bank

estimates

part

pay

of

to

25

Canada.

incorporated

was

non-diversified

Acquired the assets
jfreb. 15, 1954.

to

are

in

47

reduce

company

DIVIDENDS—The

construction

$2,185,081

Period End. June 30—

"best efforts" basis.

on a

To

increased

STATEMENT

dends and surplus—
$1,503,526
$1,358,777
•Earns, per
com.
share——_____
•

share

INCOME

'

■

deductions

Balance for

Corp., Chicago, 111.—Stock Offering—
White, Weld & Co. are expected to offer publicly today
(July 12) an issue of 100,000 shares of common stock
per

for

to

the

$20,000,000

approximately
received

monies

and

used

.

Pfd.

the

Inter-Canadian

(par $1) at $25

bank loans

repay

sell

The

$2,185,03f„ $1,979,974

income-::

income—

etc.

covering

upon

to

■

to

plans

this year.

of

1954—3 Mos.—1953

income-™

oper.

Net

filed

company

1954,

1,

$1,000

•v

.

company

be

1954-1955
struction.

12

Int.,

Participating Agreements of 14,028
Single Payment Plan, Series U, and
13,310 units of $1,200 each upon the Accumulative Plan, Series E,
in total amount of $30,000,000.—V. 178, p. 1569.

units

will

inadequate

$10,641,553 $10,124,258 $34,490,985 $32,475,256
taxes.
8,456,519
8,144,284
28,147,775
26,549,326

&

expenses

Gross

SEC

possible,

as

of

CAPITALIZATION

Securities, Oakland, Calif.—Registers With
Securities and Exchange Commission—
investment

used

risk

revenues

Non-operating

179, p. 2808.

Insurance

This

be

Period End. Mar. 31—

D.

Consultant

as

will

the

latter part

COMPARATIVE

Net

to the Chairman of the

sale

other

Chairman.

Hoyt

such

',

-

that

bonds the

without

program

purposes.

Jackson, Milton C. Sapinsiey, Oscar L. Chapman, Seymour M. Heilbron,
Louis T. M. Ralston, President, with Leopold D. Silberstein
continuing
as

added

in

much caution

as

period since 1945 when it appeared possible

no

construction

i-''
Ackers

Mr.

$10,000,000

companies in related fields and consolidate them with Brownhoist.
The

large

plant.

derived

roadbuilding,

Silberstein

the

halt

with

company has proceeded

however, there has been

from extensive sales in the uranium country for
prospecting and ore loading.
"We expect to build up
•Quick-Way's' sales to the $6,000,000 mark," he said.
To
further
diversify
the interests of Industrial Brownhoist, Mr.
income

(157)

and

shares.

stall

are

Mr. McDermott is

"officers

President and Director and Wilson
These four selling stockholders

apd directors.

6 'v

The Commercial and Financial Chronicle

(158)

.

.

.

Monday, July 12, 1954
,..pi

selling

are

V.

also

See

180,

27,026,

112,000,

82,582,

The

respectively.

shares,

27,026

and

provides for the initial financing of the new
by New Jersey and for the subsequent financing to the
production if warranted by both New Jersey and Moon Lake

company

60.

p.

arrangement' aWo
of

stage

New Orleans Texas & Mexico Ry.May—
Gro.>s

Uranium.

McQuay-Norris Mfg. Co.—Special Offering—A special

The

offering of 8,483 shares of common stock (par $10) was
on June 29 by Shields & Co. at $13 per share, with
a dealer's discount of 50 cents per share.
It was quickly

contact

made

well

zone

the

the

on

2,400

some

important

between

located

and

embracing

property

the

"Middle

Mclntyre-Aquarius

Nordic Lake development

Algom

operations

the

to

the

to

1

Mercantile

Stores

Sales

179,

$10,120,000

$10,096,000

$47,689,000

The

$48,878,000

SEC

covering

offered

2597.

p.

corporation

Merchants

Acceptance Corp., Worcester,
With SEC—Makes Exchange Offer—
The
SEC

company

June

on

filed

28

of

letter

a

Guardian
stock

Credit

for

The

Corp.

Guardian

each

basis

the

on

share.

The

offer

—V.

expires

of Merchants
July 30, 1954.

on

Michigan Planet Corp., Chicago, 111.—Files With SEC
The

corporation

$5

at

The

share.

per

June

on

filed

21

proceeds

letter

a

5,000 shares of common

stock

be

to

are

notification with the
offered to employees

of

be

to

to

working

for

used

used

be

to

notification

for

pay

;

•

from
ry.

the

with

_;

.

incident

expenses

1954—Month—1953

t

Net

1954—6 Mos.—1953

Net

$15,681,056 $77,117,797 $81,582,890
•"

.

Gross

from

Net

ry.

1953

$225,876

$166,240

$161,970

28,373

97,511

14,929

17,815

7,626

railway.

railway

24,586

*13,465

♦12,48.9

from

Net

from

Net

ry.

___

income.—

oper.

Prom Jan. 1

Gross

SEC

1954

from

Net

1951

1952

821,110

985,036

819,913

for

86,314

179,

*40,696

Period End. June 30—

1954—Month—1953

ry.

The
box

of

the

viz:

from

is

secured

subject
the

bv

estimated

the

to

&

Hutzler,

FOR

to

MAY

ry.

new

400

FIRST

railway
railway

$3,336,869

showed

ry.

railway___
railway_____;

from

'■

♦Deficit.—V.

179,

1951

655,947

to

467,926

railroad

Donald

The

14,473,934

15,149,791
553,201

1,228,215

*790,107

*873,356

♦620,798

57,163

tax

capital

of

consolidated three of its operating divisions
President, announced on July 1.
Eastern, Northern
and
Southern
Divisions,

EARNINGS

FOR

Gross

included

are

MAY

May—

AND

in

from

ry.

railway—..
railway

from

Net

by St.

Louis,

30,

in

Gross

from

Net

from

Net

ry.

com¬

consolidation.

FIVE

MONTHS

1953

1952

1951

*

*

$7,116,457

$6,513,544

$6,289,433

1,936,201

1,594,854

1,264,278

421,556

783,288

647,183

416,522

—V.

180,

30,014,307

36,260,339

34,525.706

32,944,552

6,309,359
2,395,648

10,475,181

9,600,145

8.409,207

4,175,450

3,884,745

2,996,280

income

61.

p.

this

the

the

when

and

/ 4,159,193

2,311,778

1,952,922

Milling

effect

time,

same

112,000

April

Mr.

fiscal

tons

of

for

30,

said

will

alfalfa

amortization

$61,222,

the

almost

net

a

were

season'

13

at

will
Room

from

it

The
these
of

be

of

bonds

for

of

first

the

has

and

to

received
issue

SEC

and

additional

an

are

to

be

mortgage

800,000

company

to

up

York

4,

bonds

11

a.m.

Y.,

N.
due

for

the

in

purchase

of

of

into

to

issue

and

sell

to

its parent. Union Electric Co.
shares
of
its
$5
par
common

200,000

of

'

in

of

organization

for

tax

of

314%

construction

and

these

sales
year

for

taxes

during

1954

v

.

in

the

46

and

plants

to

promissory
program

note

of

due

Missouri

Sept.

10,

1954;

Power.—V.

179,

and

to

2707.

p.

the

be

the

to

Period End. June 30—
Sales

&

than

179,

*

condition

179',

Net

from

Net

ry.

.

$92,719,407 $363,977,658

Since Jan.
bonds

1953

$147,200

$196,347

31,088

$241,371
32,211

24.213

said

by.

43,595

48,224

from

Net

ry.

—V.

1951

1,041,326

67.545

102.273

1,042,194

203,929

Lake

Uranium Mines Ltd.,
Toronto,
Exploration and Development Agreement—
Franc.

-

R,

Joubin,

had

been

28,542

June

on

*J?«der<the
•50,000 in
mining

claims

Lake

Uranium

Moon
said
If

of

short-term

and

on

exploration

before

or

given

and

May

New

\

to

expend
development

1, ,1955,

in

minimum

a

work

return

upon

for

of

Jersey

an

option

to

the

which

acquire

the

ment

of

interest

the claims
in

and Moon Lake

the

new

company


i*
http://fraser.stlouisfed.org/ I
Federal Reserve Bank of St. Louis
'
n-y°'

,

-

Uranium

for

1951

$977,297

$941,189

186,592

222,196

239,096

26,040

67,842

84,512

3,994,504

4,533,734

4,925,920

4,618,393

721,719

926,997

1,217,455

1,156,813

225,434 '

267,301

407,845

367,562

!•

inccme_

81,139

\

Philips Co., Inc.—New Folders—

and

this

already

cash

The

Control

&

Instruments

Division.

chart

Sanarium,

shows

Zinc,

Iron,

Yttrium,

Zir¬

Gadolinium,

Yeeterbium,

Dysprosium,
Holmium,
Lead,
Bismuth,
Thorium

Hafnium,
'

G28H56

and

Albite-microcline
C28H56

The

charts

analyzed

were

the

on

chart

shows the extremely sharp,
nearly equally-spaced reflections down to low angles for
hydrocorbon. The albite-microcline chart shows three con¬

and

pure

albite

179,

alone,
2707. '

p.

microcline

alone,

and

507c

a

mixture

each.

of

-

Pacific

Ry.—Earnings—

May—

1.54

1953

$13,264,408

$14,154,419

railway—

1,116,448

l,r93,746

income___

194,530

909,435

1,021,703

1,748,450

63,642,846

69,832,389

66,534,917

64,894,607

4,667,455

10,973,463

7,998,475

10,326,132

470,847

5,117,121

3,512,897

5,083,759

from

proven

Net

from

With

Net

ry.

railway.:

oper.

1951

1952

$13,671,074 $15,504,316
3,496,323
1,707,830

Frpm Jan. 1—
Gross

from

Net

from
ry.

;

railway

railway
income

oper.

179, p. 2475.

Nuclear

since

The

register

tion

.

Instrument

corporation

counters,

Chemical

&

Corp.—New Catalog

has

recently printed a new 40-page
complete line
of
radiation
measuring

describing its
cluding scalers,

;

"

rate

count

complete

corporation

which

meters,

Geiger,

radioisotope
July

on

laboratories,

announced

7

2-color catalog

equipment

proportional

Model

the

in¬

scintilla¬

and

etc
D47

Flow

Gas

is

an
entirely new approach to the detection of
Essentially a Gieger counter, the new D47 will be
used
primarily to study complex biological processes Using radio¬
active-isotopes .of .carbon, hydrogen, zinc, etc.
'
'
' '
v
The
new
D47
may
be
used
with
most
commercially available

atomic

1954—6 Mos.—1953

Research

Samarskite

Thulium,

Northern

the

accounting, in¬
history,

of

company's

Neodymium,
-

ditions:

with

in

this

Diffractometer.

—V.

.•

radiations.

or

count

rate meters.
It can be used
with Nuclear-Chicago's
changer- for
counting up to 50 radioactiver samples auto¬
matically, or with Model C-100 "Actigraph"
for automatically plot¬

1954 were

Loans, Etc.—

'

-

ting

borrowings
on

of

other

temporary

a

subsidiaries

basis

operating

finance

about, the

Gross

1954

1953

,

will

receive

transferring

the

a

substantial

claims

to

it.

from
ry.

Gross

$49,812,874

'42,954.267

other

Consolidated

3,979,058

shares

common

—V.

179,

ner

$5,475,606
share

NEES

4

outstanding

2372.

p.

on

"

•

'
'

.*

?

Net

ry.

Gross

1954

from

Net

from

Net

ry.

railway...
railway

oper.

Gross

from

Net

from

Net

rv.

—V.

income..

$">92,951

"
* V

:

'

1953

1952

$1,224,347
210,850

railway

179,

p.

i"oome_.

2475.

4.969.059

*

'

5.685,194

23,888

47,436

-

„.

50,595

15,032

.

.

$105,061

522.573

of

1953.

2,836,844
978.101

5831482

-

for

•»

15,753

2,438,432

Y .785,125

<

TC

•••'-

504,744

I

382U38

'

.

221,937

219,592

225,059

'90,038

64,960

Y 62,248

155;449
•>.

*

,

••

Commercial

$5,500,000

the

incurred
a

same

first

normal

our
and

by

an

share.

.

'

«

*

July

on

..

489,372

• •

1,

in

an

*.

sales

of

.

interim}report, to the
* Y.
Y
.

generally

continued

-

loss

operating

period

V

ended

loss

the

compares

with

operating

May

$129,570,

of

a

net

year.

for

to

total, sales.

our

six-months

This

period last

-.""The

166,700

V 5,463,178

804,993

•'

465,095

income—

cents

$1,159,805

2,095,367

'

.

* '623,477• ~

2250.

pany
1951

149,860

4,889.333
1,971,128

-

\

„

504,824

'*

48,958

V

.

1951

■

,

$108,213

'

"

railway

p.

."During
.

$1,037,126

630.644

155,536

1952

•

..

69,592

"Unaudited figures for the first six months ended
May*3i;\. 1954
indicated sales of $8,633,992 as
compared with $9,502,160 for the same

$0.62

' '

•

RR.—Earnings—

380.257

12809.

p.

Pacific Airmotive Corp.—Issues Infer,im
Report—

,

railway

oper;

income;__

oper.

accounted

May—

-

$117,612

railway;.!—

179,

period

New Orleans & Northeastern

1953

..

U3.053

Thomas Wolfe," President,
•stockholders, said in part:

$5,176,352

*

$0.60

-"

,

from

from

3,027.386

—

•

$ip,353
.

$9,103,738

income___
income

1954

railway.

railway—

oper.

Net

40,709,136

$9,454,664

.

charges

net

net

income

179,

-

$52,408,931

taxes

other

strip chromathgrams.—V.

paper

^

from

Net
Net

ACCOUNT ~

May 31—

and

on

May—

con¬

same

:

'___

and

radioactivity

Oklahoma City-Ada-Atoka Ry.—Earnings—

From Jan. 1—

Ended

expenses

to

totaled

:

INCOME

the

expected to total about

From Jan. 1—

Jersey exercises its option in accordance with the provisions
a new
company will be formed for the develop¬

arrangement,

stock

income—

1952

$852,680
■

Uranium.

strong

customers; should
8.—V. 179, p. 2249

July

*

has

of

Illium

The

change

on

.

Consolidated

30,

is

cents

and Samarskite
specimens were analyzed for elements
X-ray Spectrograph.
The Illium chart shows the presence
Molybdenum, Tungsten, Copper, Nickel, Cobalt, Iron Manganese and

—V.

Canada-

claims.

New

the

to banks at June 30,

earnings

Net

this

New Jersey

20

of

stockholders

showing actual charts made on X-ray analysis instru¬
Illium, Samarskite, C28H56 and Albite-microcline are avail¬

from

X ray

*

arranEement

performing

•aid

between

to

,

<

Operating

.

President,

completed

dividend

15

folders

Erbium,

Alfalfa's

type

1954—Month—1953

CONSOLIDATED

144,679

announced that arrange¬
company
and New Jersey
Zinc Exploration Co.
(Canada) Ltd,, for the exnloration end
develop¬
ment of 60 claims held
by Moon Lake Uranium in the Blind RiverAlgoma Uranium camp.

ments

the

Sept.

1953

$775,430
99,922

scalers

expenditures

Interest. and

Moon

1954

■

railways-

Chromium.

1,

$5,164,126 r $5,368,834 $27,052,119 $28,673,813

amount.

Gross

19,461

214,315

2475.

p.

but

struction

$205,447

1,029,270

242,029

income

oper.

179,

752,016

;

include

payable

the

of

approximately the same as at the beginning of the year.
1, three subsidiaries have sold $14,500,000 of first mortgage

Five Months

railway
railway,

1954

and

2475.

railway__
railway

for

conium,

2475;

12,494

income—

from

Net

much
"

30,
24

p.

Southern Ry.—Earnings—
'

oo?r.

The

April

Hofmann.

Mr.

National

new

a

company

7-*Y

-

179, p. 2475.

able

"Dur¬

Dec.

fundamental- developments

how

this

by

»

„

railway

from
rv.

Net

*

*24.200.

46,285

railway

1952

From Jan. 1—

Gross

computes

June 30, *53

7

.

-

4V2 1

production

economics,
in

1878,

June
June

179,

North American

liquidated aoweeks, making
then until April

have

New England Electric System—Bank

$428;318,068

Earnings—

railway

oper.

in

of

as

op:r.

Two

1954—5 Mos —1953

1954

from

most

___!_
p.

$24,000,000,

May—
Gross

the

Mar. 31, '54
*

share

from

ments

1834.

p.

-

Notes payable

Montour RR.

$71,588,128

: ',

sample

1954—Month—1953

2598.

p.

ry.

Net

10

Omaha

at

year

facilities,"
equipment,

best

Period End. June 30—

Co., Inc.—June Sales Lower-

$81,318,055

—V.

from

—V.

.-V,

:

coordinate

fiscal

new

register

cash

announced

Sales

Montgomery Ward

1954—6 Mos.—1953

$73,146,915

$33,144,748 $28,660,729 $26,694,702
$29.39
$25.42
.$23.67

______

1.—V.

«.

Net
.

expected to be the company's most profitable

of

one

the

was

t-V.,.179,

•;

$12,878,329

From Jan. 1—

Neisner-Brothers, Inc.—June Sales Lower—

'

$14,256,144

(estimated liquidat-

declared

Counter,

finance

3,756,701

-

Higher—

1954—Month—1953

-

common

figures
Sept.

Gross
of

per

share

Gross

ex¬

last

up

.

Alfalfa

less

facilities

storage

assets

assets

The

by Missouri Power to redeem $4,000,000
3%% series due 1981, to prepay its $2,-

986,241

-

'

used

bonds,

7J1.929

Co.—June Sales
■

•__

value)_____

Net

would

Hofmann.

Mr.

operations

National

loans

additional

in

can

as

of

2372.

54,600,249

$2,810,259 $10,474,495 $13,381,616

June 30, '54

net

May—

purposes,

gratifying: profit

'

...

interval,

bank

National's

refining

automatically

receive

51,708,007

.,

but

small

"

finances,' capital,

Described,
which

$62,182,502 $67,981,865

2598.

p.

Net

below

a

continued

$201,000

a

-*
short

concluded.—V.

invention

10,831,772

Newberry

Gross/ from

earnings

were

National Cash Register Co.—New Development—

July

on

1984.

authorization

sell

(EDT)

9,677,320

..."

U954—5 Mos.—1953

-

$13,732,031

•

:___

—V.

$1,000,000.

Proceeds

f

by the

1901, 60 Broadway, New
$7,500,000 first mortgage

company

Missouri,

stock

received

1954—Month—1353

$12,478,483

expenses.

ry.

Norfolk

,

Missouri Power & Light Co.—Bids
July 13—
Bids

316,961

revenues.

fr.

is

loss of $20,071 was
net loss of 398,748,

with

recovery

fiscal year,"
loss

a

same

at

and

he

431,806

.

Hofmann.

remarkable

area.
first two months

current

year,

544,701

487,346

925,810

The

on

Mr.

a

$2,300,000

production,
the

7.97,342

199,679

$2,801,168

record

City

value

643,8€6

2475.

Niagara Share Corp.—Total Assets Increase—

per

-

pre¬

meal

1954-55

not deductible

taxes,

earnings after

year,

'

„

the

acquired

ventory

1,385,315

York, New Haven & Hartford RR.—Earnings—

179,

Net

1954,

Hofmann,

year

the

production

income

last

period,

,

inaugurated
newly

1,770,334

railway
income...

p.

rev.

Total

the final payment to banks on Feb. 25, .1954.
From
30, net working capital was built up to approximately $1,230,000."
An
enlarged program of pelletlzing at the mill leveli along with
automatic bulk loading and a granular process of blending has been

Kansas

56,451

1,898,743
882,507

1,570,718

opers.

—V.

Co.—Earn¬

ended

year

fiscal year as compared
in the preceding period.

transformed

was

1954.

28,502

v

ry. oper. income___
179, p. 2475.

ing

current

before

of

company's

short

"The

railway

At

that

$31,000

showed

proximately

Kansas

1,109,384

railway

oper.

4,713,608

tons.

taxes

$41,151,
the

"During

From Jan. 1—

,

fiscal

last

credits,

been

1953,

into

$5,819,060

income

oper,

the

FIRST

1954

Net

ing

Fraser,

roughly bounded

5.218,762
2.559,686

the

during

volume

for

the

of

96,304

104,415

As of—

amortization

been

months

$286,074

106,212

3,196

Period End. June 30—

purchase considerations, amounted to $72,151 durended April 30,-1954.
This compares with a deficit of
during the preceding year.

for

1951"

$335,352

172,718

income.

Sales

a
proposed restatement of capital, non-deductible amortizacharges will be eliminated in the future. Had this restatement of

have

area

15,956,352

Under
tion

2707.

prising all the lines in an
City and Denison, Texas,

16,612,795

estimated

200,000

provision

shown

15,075.389

256,581

has

V.

M-K-T's

17,206.645

excess

and

Missouri-Kansas-Texas RR.—Consolidates Divisions—
This

15,420,884

year

Because

1952

$365,636

101,165

371,430

shareholders.

year's
He

for

.."Earnings

one,

441,557

from
the
preceding fiscal
year,
it
July 6 by Henry A. Hofmar.n, President, in the annual

on

before

the

$709,165

713,100

392,990'

198.202

p.

453,680

this

and

ing

1053

$327,549

railway

(J. J.)

Earnings
penses

13,583,261

income

oper,

Net

—V.

those of the preceding year, said Mr. Hofmann, Sales for the 12 months
ended April 30, 1954 amounted to
$7,975,633 as compared with $9,054,448 In the preceding year.

MONTHS

Connecting RR.- -Earnings-

railway

operating
operating

Net

$3,332,347

327,799

operating efficiencies made'the Improvement
despite the fact that sales for - the fiscal year

possible,

24,030,410

Period End. May 31—

Ry.

1951

."

Improved

:

after

from

Net

t

826,523

~

operations

last

scheduled

57,468,737

237,768

oper,

179,

New

r

829,655

company for
substantial
recovery

that

double

From Jan. 1—

Net

per

877,286

Alfalfa

of

a

32,616,958

4,841,052

179, p. 2809.

2475.

p.

mailed

dicted

$3,907,070

*206,401

1952

$3,221,244' $3,331,289

1,919,730

disclosed

was

report

standard-gauge
50-ton all steel

$3,667,168

72,195

15,785

179,

12,761,980

5,500

($10

primarily
' Y

576,441

4,001,, 588

Earnings

the

of

1952

234,341

—

income

op?r.

FIVE

1Q^7

$3,116,760

from
rv.

.

'

following

AND

1953

-

$2,873,250

income__

oper.

1,508,866
*5,197,778

\

opers.

St. Louis Ry.—Earnings—

1954

railway,!...

processed.

3s.

authorization

$2,440,000:

cost

1QS4

May—
Gross from

Gross

and

par

used

working capital.

Dehydrating &
ings Show Substantial Recovery—

99.1726

•.

EARNINGS

from

at

be

to

are

r

(con¬

ba6is>

offered

be

'

$

57,003,867 261,623,140 285,973,488

railway ______

from

—V.

.

-

Bros.

cars.-

ry.

the

Ry.

railway—;-

National

Commission.

be

to

equipment,

Net

from

Net

bid of 99.573.

on a

Salomon

Inc., 99.53 for

Stuart & Co.

certificates

Commerce
is

July 7

on

received,

were

and Halsey,

Net

to

proceeds

secondly

'

•

Net

bids

issue

and

The

$

.

56,019,811

ihcome___

oper.

Net

with

stock

preferred

share-for-share

a

issues

underwriting.

from

Gross

$34,558,851

2598.

award of the certificates

railroad

notification

1954—5 Mos.—1953

6",7^5,847 294,240,098 343,442,225

From Jar.. 1—

From Jan. 1—

1954—11 Mos.—1953

$3,054,245 $32,450,006

July 8 offered $1,950,000 2%% equipment trust
certificates, series B, maturing semi-annually Feb. 1,
1955 to Aug. 1, 1969, inclusive. The certificates matur¬
ing from Feb. 1, 1955 to Aug. 1, 1959, are priced to yield
from 1.60% to 2.60%, according to maturity, the other
maturities being
placed privately.
The bankers won

Interstate

on

both

railway
railway_____
Net ry. oper. inccme__

on

2%s,

stock,

from

—V.

Issuance

stock

common

common

without

May—
Gross

Minneapolis, St. Paul & Sault Ste. Marie RR.—Equip¬
ment Trust Certificates Offered—Blair, Rollins & Co.,

for

of

investment purposes

Net

$2,990,426

other

of

cumulative

Nashville Chattanooga &

90,716

2598.

p.

Sales

Two

6%

shares

252,433

122,040

Miller-Wohl Co., Inc.—June Sales Off—

Inc.

7,500

into

shares
share),

879,497

341,303

50,890

income.—

p.

covering

vertible

234,039

railway—

railway

op'>r.

179,

of

letter

a

-Earnings—

1954- -Month—1.53
-1.53

1954

from

from

Net

—

♦Deficit.—V.

—V.

filed

'

i

57,526,677

York

Net

_

$146,971

MayGross

25

717,899

■656,163
j.

expenses.

oper.

New

Musical Acceptance Corp., Altadena, Calif.—Files—
June

1,132,117

revenues.

fr.\ry.

rev..

ry.

Gross

on

1,256,258

505,089

May—

secondary offering of 23,400 shares of common stock
(par $5) was made on July 8 by A. G. Becker & Co.
Inc. at $26.75 per share, with a dealer's discount of $1
per share.—V.
174, p. 454.

corporation

803,5*1

613,136
2475,

p.

Central RR.-

_

—A

The

240,996

3,651,891

.*

Murray Ohio Manufacturing Co.—Secondary Offering

capital.

RR.—Earnings—

3,718,286

472,4°3

179,

♦Deficit.—V.

Net

Midland Valley

3,600,930

$

operating
Ry. operating

,■>;

19J.754

2,514,540

if

York

Ry.

•

*357,371

Period End. May 31—-

;■

v"-

,248,261

income

oper.

New

*

2598.

p.

1951

$800,887

201,730

to

Murphy Co.—June Sales Decreased—
$14,790,422

179,

letter of

a

'. ••••:

■

R.

SEC covering

filed

1952

$674,357

13,073

63,619

railway
railway..

♦Deficit.—V.-

shares of common stock (par 5 cents) to be
share through Hunter Securities Corp., New

are

Sales

is underwritten by G. H. Walker & Co., Provi¬
I., and unexchanged shares will be offered publicly at $18
share.—V. 179, p. 1481.

per

per

Period End. June 30—

exchange offer

dence,

cents

proceeds

(G. C.)

the

shares

0.73

of

with

stock (no par value)
of common stock of

8,474 shares of class A common
offered in exchange for
11,512 shares

The

28

mining operations,

Mass.—Files

notification

covering

be

to

1,450,000

20

at

York,

June

on

*.

$585,083

50,386

income

orsr.

1953

$167,803

from

Net

Salt Lake City, Utah-

Files With Securities and Exchange Commission—

1954—5 Mos.—1953

1954—Month—1953

_

—V.

ry.

railway

railway____

From Jan. 1—

Gross
Net

Co., Inc.—June Sales Up—

Period End. June 30—

from

e»st

west.

completed.—V. 179, p. 2371.
Mountain Mesa Uranium Corp.,

1954

,

from

Net
Net

lies astride the favorable
Belt" of the district.
It is

acres

Earnings—

31,

or "

increase

costs

half

of

the

1954

and

.

.

.•

profit "of

$7,823

for

(

20

the
2*

r

fiscal,year

*

com¬

approximately

.«•1

first

\

--.v

1953, the

reflects

ab¬

accompanying prolonged labor negotiations in
While labor agreements have 'been" reached

three largest plants.
production

continues

in

our

Southern

California

the UAW-CIO is currently undefway at
"Except

indicates

for
that

our

the

Linden
trend

of

division,
excessive

the

our

operating

plants,

a

strike

Linden;NY J." plant.*

company's

costs

current

will

be

forecast

checked

Volume 180

and

that

—v.

179,

Number 5341

the

profit

position of
"■

1614.

p.

The Commercial and Financial Chronicle

...

all

other

divisions

will

improve."
..

Pioneer Natural Gas Co.—Stock Sold—

..

...

See

The

the

for

ments,

of

the

sales

fabric

Cotton Division on July 7 announced an expansion
merchandising of its fabrics to the trade involving
new
departments, the realignment of existing depart¬

addition

force,

end

and

of

new
merchandising expprts, enlargement of
adoption of a basic policy of specialization by

the

'

use.

;

'

new

Gross

chandise
will

of

individual

cutters,"

stated

Arthur

L.

direction

general

Net

ry.

departments

Gross

SEC

to

Company

covering

Co.,

2

for

from

Net

ry.

by

bonds

the

Power

Pacific

of
as

a

former

result

all

Mountain

the

of

of

$24,934,542;

forward

the

company's
expenditures

struction

$12,898,000
States

and the balance of the proceeds

for

prior

1955

on

and

1955

construction

estimated

at

the

used

be

sum

to

carry

merger).—V.

180,

1954

for

and

oil

in

money

Utah,
the

30

Makris,

24th

this

announced

that

for

properties

the

is

Chairman

of

corporation

or

his

in

Board

of which

would

group

the

invest

of

the

is

an

he

$5,000,000

Salt

Lake

City,

officer

or

The

organizing
and

Eert

is

group

Saunders

of

composed

of

Houston,

Houston

10

who

is

Gulf

Coast

phur Co.

of

the

President

Fabricators,

Canadian

of

Houston

a

Inc.,

Transmission

is

also

Board

Investment

and

Co.,

Chairman

Corp.,

border.

of

fabricating firm,

International

Texas

of

Sul¬

and

which

Executive

has

heavy

Vice-President

July

on

in Bombay,

informally

8

its

opened

manufacturing

new

India!

W.

R. Jeeves, Vice-President and Director of Overseas Operations,
"This is an initial project with which to gain manufacturing
experience in India, to serve as our guide when the time comes to
decide on a series of extensions of the present manufacturing facili¬

and moved

set

its

up

first

branch

India

office

in

Net

The

hew
has

been

three-story

are
located in a leased building
remodeled during the past year.
The
contains approximately 15,000
square
feet of

laboratory

new

products

This is
last

the

will

manufacture

the

meet

to

third

Overseas

years,

two

full-line

a

of

requirements

the

of

basic

making

total

a

of

nine

179,

the company' abroad.—V.

by

During
its

month

of

p.

insurance
over

Total

last

for

of 15.4%
in

is

units

manufacturing

op¬

be

option

to

July

to

placed

ever

of

force

in

by

in

Malcolm

$44,963,280

the

the

ta

year

date

the first six

over

an

represents

is

increase

an

$25,725,431

taxes

working

capital

of

$6,233,246

See

Industrial

Browr.hoist Corp. above.—V.

1954

May—
from

Net

from

Net

ry.

179, p. 2810.

from

from

1953

5,432,950

ry.

income...

oper.

179,

1952

1951

8,591,571

5,496,213

Net

from
ry.

11,614,376

34,943,353

1

railway-...$758,875

railway..——

Gross

from

Net

from

Net

25,762,483

The

ry.

cents

Railway
Other

2,177,975

into

2,101,569

trail

operating

$9,887,690

and

$2.51

$815,875

.

June 24

on

3,000,000

Gross

shares

share),

without

June 30,'53

priced at $23.37

letter

a

179,

notification

of

stock

common

underwriting.

incident to

be

to

The

from

railway—
railway—
income—_

from
ry.

Net

ry.

with

offered

proceeds

the

at

Net

••

1952

1953

12,480,737
6,227,569

S.

trucks

oil

6,939,322

:

six

orders,

for

179,

stock

share

per

outstanding
have

and

been

announced

2

2J/2-ton

2908.

share

Each

1954 into

called

that

Ordnance

Army

all

wheels)

six

to

the

of

cumulative

f.

from

stock.—V.

be

172,

railway——__

from
ry.

$2,337,242

income:.—

oper.

Gross

from

*56,327

"61,792

*46,050

Net

from

*314,259

*278,916

Net

ry.

next,

1,

3,670,543

3.815,866
*623,567

*886,257

*1,871,778

"1,946,008

"1,759,916

2,008,500

at

special

better,

customer

service

for

expanding

markets for
plants, George B.
plants
will
serve

chemicals,

this company will add two new
President,
announced
on
July
7.
Both
major components of the Chemical Specialties

Beitzel,
as

-The

new

plants

will

be

constructed

Chicago Heights, 111. The products
ing and sanitizing agents for the

at

they

will

Lye,, Pennsalt's
oldest
product, will
packaged at the Chicago Heights plant.

breaking

ceremonies

Construction

is

for

expected

-

Cor¬

on

Sept.

p.m.

both

among

plants

will

completed

be

to

be

this

products

the

held' this

be

179,

year.—V.

ry.

shares offered,

it was announced
ersidge, Chairman of the Board.

881,075

1,059,979
331,771

on

July 6, by H. P. Liv-

buy the stock at $34 per share had been issued to com¬
stockholders on the basis of one new share for each 12 shares
was

fully

so

subscribed,

the

has

company

de¬

cided not to sell the small remaining block of unsubscribed
shares.
Proceeds from the sale of the 878,878 shares,

amounting to $29,881-

will

be

used

for

currently averaging

the

more

company's

than

a

construction

million

dollars

a

which

program

is

week.

•

,•

dealers

Solicitation Plan, ;which was part of the
l

•

'

;

net

sands

being

is

of

producing

is

an
The

spudded

in

depths

at

opened up

June

20,

7,448

feet

on

from

to

7,462

set,

14

feet.

will
of

be
320

being

now

reached

a

$2,842,000

a

June

on

be

to

a

Colo.—Files—

to

used

letter

the

incident to mining

expenses

pay

RR.—Earnings-

ry.

$13,027,657 $13,916,452 $14,491,453 $13,218,701

railway—

3,730,911
1,977,663

4,312,826
2,198,444

4,482,591
2,133,008

3,437,853
1,453,560

67,212,211
18,909,034

72,868,461
21,728,643

73,110,707
21,820,075

66,256,338
17,159,256

9,971,826

railway—

10,949,725

10,084,433

7,207,133

;

income

oper.

1951~

1952

1°53

1954

from

from

from

from
ry.

—v.

railway

railway—

income

oper.

180,

--AA

loo,

p.

.r-

■

'z:

•

262,827

12,486,961

12,965,528

;11,621,597

4,497,874

5.273,766

4,343,064

1,406,805

1,524,450

1,720,414

1,556,741

-

with

notification

of

B common stock (no par) to be
Lon D. Minier, Loveland, Colo.

of class
through

share,

per

filed

24

shares

24,624

proceeds are

Net

879,026

-

11,594,856

$

179,

g

2146.

p.

<

271,337,430 287,593,029 1,164,796,305 1,267,624,039

I

—V.

i

•

1954—5 Mos.—1953 :
$
$

1954—Month—1953

Per. End. June 30—

Sales

.

-t




«

}

?

»n '
Offering; Sfee' V. 179,
>

J

tt

.

Earnings—

...

1952

1953

1951

$421,158

$432,138

19,853

21,173

65,372

*10,714

*31,304

*44,273

ry.

Dealers
p.

) T-

2599.
r

Months Ended May

Six

$547,954

38,662

8,806

sales

Net

and

Costs

railway
railway

1.878,169

p.

2,383,617

203,669

166,638

*56,325

*66,486

,

oper.. inccme...

179,

2,285,979-

155,437
*101,893

'•

Provision

for

Federal

*198,246

7

taxes.—

income---——--——
of common stock outstanding-.

Net

Shares

Co.—Awarded

income

—J

*1,021,047
*1,129,275

71,215

2600.

Ryan Aeronautical

amortization

10,849,206
*299,022

11,479,276
353,947
1,173,823
1,432,477

?

—

and

Net income per

;

1954
*95"*
$17,781,968 $16,158,255

{
—

expenses

Depletion

2,416,165
•

31—

other income

and

Depreciation

from

(& Subs.)—Earnings—

Shamrock Oil & Gas Corp.

$367,705
•

income

"Deficit.—V.

dividends

Cash

$3,500,000 Contract

share of common

*$3,342,445

——-

*$2,859,707
1,481,398

1,498,407

—

2

$2.23
$1.20

stock-—

paid—per share

$1.93
$1.00

'

A

$3,500,000

pilotiess
Ryan,

jet

contract

planes

President,

for

has

undisclosed

an

been

announced

placed

by

quantity
the .Air

of Ryan
Force,

T.

S.

Navy

and

Army

on

July

1.

It is

Claude

orders

Ordnance

currently

are

in

production

Ryan. 1
The

ing

179,

<"

In

contract is the

the

first

call

reached

has

program

to

for

the

production tooling,
stage

of

expanded

indicat¬

Net

ry.

oper,

1953

.

1952

1951

$189,769

$411,224

$188,127

$314,821

32,625

224,186

22,492

116,523

*3,407

railway—

113,300

*12,538

69,693

railway
income—.

From Jan. 1-+-

Gross

operation

949,090
'
p.

247,6.

2,100,215

1,102,380

1,377,264

139,747

railway
Net from railway
Net ry. oper. income

:'"Deficit.—'V. 179,

about Aug.

1,217,357

269,849

490,735

*29,623

676,677

102,478

305,809

*

"

Corp.,

-

—...

to be organized.

caused

15,

a

1954.—V.

been obtained and construc¬
the pipeline will be placed
179, p. 1726.

Corp.—Accepts Bid for Stock—>

of
of the Pioneer
group consist¬
of Union Securities Corp., Lehman Brothers and Wertheim * Co.
associates.
It is understood that the bankers do not expect to
directors

of

this corporation

on

July 8 voted to accept a bid

$22.10 per share for the 769,721 shares of common stock
Gas Co.
The bid was submitted on July 7 by a

Natural

ing
and

reoffer

the

stock

immediately.

.

Co.

Kidder
It

is

Rnoades
Co., and
share.
of the out¬

Lynch, Pierce, Fenner & Beane and Carl M. Loeb,
(jointly), bid $21,529 per share, while White, Weld &

Merrill
&

from

..

..

company

necessary for such construction has
work is in progress. It is pstimated

in

Line

output.

Ry.—Earnings-

J ' 1954

from

from

.

the

future,

pipe

Pipe

Sinclair Oil

May—
Net

the

wholly owned subsidiary. During
the period plans were completed for the building of a crude oil line
by the subsidiary corporation from the McKee refinery to the Novinger
oil field in the State of Kansas,
approximately 120 miles. All of the

The

Sacramento Northern
Gross

,

for

Shamrock

2476.

p.

adjusted.
planning

The

tion

new

that

*As

Firebee.

the

first Air Force pro¬
duction order since Ryan
built a limited number of the Q-2 target
drones for
development and
service tests by
the Air Research and
Development Command.

906,917

Rights to

,852,

oil

contracts

$10

at

Net

$2,394,665

7 3,812,549

income

of

direct south offset to a
400 barrels of 49 gravity

a

Sears, Roebuck & Co.—June Sales Off—

railway

oper.

Net

—V.

common stock amounted to 97% of the

issue

is

From Jan. 1—.

1951

325,737

railway

from

U.

the

currently

stated.
which was

contractors,

Net

1952

$2,581,053

1954

Net

at

Philadelphia Electric Co.—Stock 97% Subscribed For
—Subscriptions for new shares of Philadelphia Electric

Since

Field,

1

No.

was

casing

covering

Gross

cleans¬

<

pany
held.

which

well,

award

Net

RR.—Earnings

276,561

railway:

from

from

Gross

at

2476.

Company

American

it

Well—

Ltd.—Drills Extension

2 announced the successful
drilling
Rochelle Area of Weston County, Wyo.

May—

From Jan. 1—

•

and

include:

■(

and maintenance chemicals.

Lewis

Ground

handle

-

Ohio,

industries, farm and home;
metal cleaners,
coatings
and

and dry cleaning
chemicals; special lubricants for the metal industries;

P.

Division.^

Delaware,

food

laundry

month.

■

July

the

in

corporation

Gross

3

$2,503,236

May—

Net

Pennsylvania Salt Mfg. Co.—Plans Expansion—
provide

*7,419

*383,042

2600.

p.

Seaboard Air Lines

$11

the

at

I

Rutland RR.-

Net

To

1,666,161

194.752

*148,682

pre¬

179, p. 2600.

Gross

2599.

p.

1,719,656

13,588

*361,158

3,735,076

*793,295

1,631,781

128,425

*248,123

i

on

saturated

of.

SEC

1833.

-778,802

railway._

oper.

*64,353

operations.

made

p.

1953

1954

railway....

*23,717

Scott Uranium, Inc., Loveland,

during

convertible

Sept.

on

will

Payment

Richmond Fredericksburg & Potomac
May—

737

*113,444

Petroleums,

well

day,

offered

redemption

common

37.124

1,576,195

179,

well

new

The

"Eager

120

shares

$328,474

*44,772

*33,871

railway

Sapphire

per

trucks

bp completed

Broadway, New York, N. Y.
preferred stock is convertible up to

of

4.2

for

1951

1952

$352,981

30,812

performed by this corporation, me¬
total of about $6,000,000 with the
mechanical contract
for plumbing,
heating, and air conditioning by Allegheny County Institution Dis¬
trict, J. L. Coleman, Jr., President, reported on July 7.
Including this project, Sauer, Inc. is now carrying out mechanical
contracting work for 12 Tri-State (-area hospitals
(Tri-State area
comprises
eastern
Ohio,
western
Pennsylvania,
and
part of West
Virginia).
■ - V7.7:
>
■/ -V
'■

1

'

5%

of

-Earnings

ln53

$278,976

_

July

on

for

dividends.

accrued

poration Trust CO.,

shares

$4,485,881

income

company

current

Army Contract—

p.

459,829

$5,167,749

Sauer, Inc., Pittsburgh, Pa.—Hospital Contracts—

TV

7

by six (power to
vehicles only, are

said.—V.

403,951

$817,557

$329,901

railway
income

Hospital

4,752,316

/' ' ..C;..).

..

order

90,556

$522,833

oper.

The

...

President,

new

the

Schere

the

of

"317,741

*572,042

from

flowing

approximately $3,750,000.

are

The

Mr.

Jr.,

received

amount of

Beavers."

19o4,

Shere,

gross

railway

Sapphire

10,324,681

has

company
in the

264,213

$4,945,710

1954

from
ry.

The

1951

13,196,597

,

Reo Motors, Inc.—Lafge

4,052,079

$5,571,700

80,385

*Deficit.—V.

"

•

53,462
$908,113

after which production tests
made.
Sapphire has a 50%
working interest in the tract
acres
on
which this well is located.—V. 179, p. 1483.

5,572,556
'

24,733

$603,218

-

railway——.

Net

feet

10,178,905

"V.i.

1.574,629

$4,681,497

;

oper.

Net

(10

—_

!■':

1.657,467
$1,519,621

From Jan. 1—

Gross

used

income—

From Jan. 1—

3,503,748

railway..

179,

ry.

53.245,022

Vit

328,566
$854,651

income

from

from

from

SEC

par

to"be

are

55,857.011

jr-'rl'-

285,685

income

May— ;/

well,

55,827,576

oper.

260,351

,

$6,256,126

$578,485

income

extension

46,350,583

179. p. 2476.

$864,170

—

Net

1483.

p.

railway—_
railway

from

Net

—V.

277,285

$3,177,088

Income—

chanical

from

33,510

$1,183,217

713,002

$5,995,775'

179, p. 2476.

Gross

$8,708,754 $11,461,711 $10,691,035 $11,069,576
1,676,909
2,778,518
2,161,936
1,878,873
1,016,495
1,548,197
1,153,406
810,297

oper.

101,292

San Antonio Uvalde & Gulf RR.

mining operations.

1954

Gross

inc.

Inc.

oper.

income

-V.

$17.84

per

& Gardner.—V.

filed

of

$2,899,803

$62,250,000

$19.46

Reading Co.—Earnings—

Net

$897,546

ry.

Net

Mar. 31,'54

30,'54

$20.75

Reinholdt

$1,149,707

6,329,714
,

3,780.768

$2.33

1

was

$762,878

oper.

Non-operating

$9,477,689

4,251.060

period

+

2600.

636,595

672,987

4,221,607

144,499

Deductions from railway

$83,200,000 $76,000,000

;

share

per

846,641

oper.

Deductions

Mav

1951

$815,937

ry.

198,514
124,077

1,326,622

com¬

of

624,323

taxes

oper.

18,476,395

16,298,808

137,198

taxes

railway

Total

$10,804,311

3,742,622

127,417

City

income

income

Federal

„

3,145,230

■'?

expenses

and

:y

$4,358,116

———

Production

—V.

income

oper.

Ry.—Earnings—

1954—Month—1953
1954—5 Mos.—1953
$6,020,667 $24,681,136 $32,187,873

31—

revenues

County

Other

$11,989,259

preferred stocks..

on

assets—

per

*12,027

railway.*.-.

oper.

oper.

Federal

182,131

2,188,774

$4,906,195

converted

dividends

company

covering

11,911,930

i—

"Deficit.—V.

-

4,845,470

State,

"

From Jan.

5,414,189

2476.

p.

Railway

991

fornia Co.

*273,401

.

income...

10,589,316

5,752,977

share, less
dealers' concession of 70 ,.cents per share.
Associated
with Stone & Webster Securities Corp. were Hornblower
& Weeks; Paine, Webber, Jackson &
Curtis; First Cali¬

Gross

1954

oper.

10,472,220

3,766,533

oper.

179,

Railway

43,727,285

305,353

729,674

outstanding at close
share of common stock

The stock

Net

Net

12,704,121

income

from

Period End. May

$13,872,680 $12,800,155

„

p.

closed.

4,597,586

Pennsylvania Reading Seashore Lines—Earnings—

May—
Gross from

8,891,483

ry.

$5,635,869 $14,178,033 $12,982,286

1,177,943

shares

on

value

179,

ferred

2476.

p.

50,108,160

secondary offering of 44,711 shares of common stock
(par $10) made on July 7 by Stone & Webster Securities
Corp. and associates was oversubscribed and the books

351,361,158 432,036,085 432,087,614 414,852,718
48,877,023
75,730.088
60,679,613
46,364,411

railway..—

50,326,800

•:

1,

railway—.___

53,116,852

The

From Jan. 1—

Gross

48,107,646

Resistoflex Corp.—Calls Preferred Stock—

railways- $72,847,207 $91,355,790 $88,471,34Q $89,577,135
18,378,929
12,050,238
12.966,456
12,842,328
income

914,283

railwayfrom, railway

\ 2,023,906

general

and

46,202,795

40,638

.

June

net

asset

All

railway

oper.

1,612,287

Quaker State Oil Refining Corp.—Secondary Offering

Pennsylvania RR.—Earnings—
Gross

2,340,385

(George) Putnam Fund of Boston—Assets Rising-

—V.

1951

1952

1,217,966

i'.

income

oper.

income

Net

1953

Net

preferred stocks (after elimination

on

Joseph

Corp.—Acquisition—Exchange of Shares

railway

Net

"1954—12 Mos.—1953

$5,595,231

88,532

stock)

180, p.

Total

Earnings—

$9,461,163 $10,864,113 $10,350,207 $10,094,833
2,696,869

Inc.—Earnings—

19,288,231

$6,321,778

dividends

—V.

1953.

all-time high of $3,500,000,000.—V. 179,

railway

791,179

Gross

$24,883,462 $60,075,475 $56,527,440

19,492,185

$5,143,835

per

* *•'!>,is'...
which is

$206,100 649,

months

largest

President.

582,281

1,631,628

From Jan. 1—

single month

a

Adam,

1,134,302

560,989

From J&n.-1—

is

underwriting

No

ry.

per

per

1958.

1,

for

used

shares

Up—

recorded

year.

force reached

Penn-Texas

Net

the

$100

share. Each share
purchase 10 shares of com¬

stock

1954—5 Mos.—1953

income

The

c

to

income

Net

719.

Net

an

(net)

Balance after

and

2145.

company

announced

amount

of

production

increase

Insurance

it

the

in

June

this

June,

life insurance

paid

107-year-history,

50.2%

—V.

$1

prior

etc. deductions.

Gross

the

of

amount

Net

&

exp.

Earnings

laboratory opened by Parke-Davis during

Penn Mutual Life Insurance Co.—Business

p.

at

with

offered at

be

Parke-

medical

Indian

6,726,024

1,306,526

purposes.

Net

erated

.

to

Net

professions.

pharmaceutical

an

notification

of

letter

a

common

time

are

to pay expenses

The

of

filed

preferred stock

contains

any

income

mon

space.

Davis

6,868,741

1,573,302
1,396,087

1954

from

from

Rainbow Mining Co., Fort Worth, Tex.—Files—

extensively

structure

7,327,325

1,308,692

2476.

p.

Net

—V.

Dividends

to

which

New

of

operating income.

Net

Bombay in 1907.
manufacturing facilities

in

stock
at

Co., Washington, D. C.—Files—

22

shares

42,604

'

1,909,003

7,403,765

St. Louis-San Francisco Ry.

Simla

at

1899

74,821

income

oper.

179,

Gross

,

Parke-Davis

the

222,234

—A

said,

ties.":

from
ry.

of

/

company

laboratory

June

on

proceeds

Other

South

investments

165,507

541,488

railway.
railway

taxes

the

Vice-President

221,610

328,758

$1,203,987
109,053

277,504

As of—

steel

Executive

and

155,632
260,820

467,327

incomt-

oper.

Net

oilmen,

President

Parke, Davis & Co.—Opens New Laboratory in India
The

stock

Operating

prop¬

Houston.

Makris

Mr.

also

Industrial

Providential
of

is

Saunders

176,983
308,443

$1,285,141

from

1,010,386

198,951

Period End. May 31—
Electric oper.
revenues.

corporation.
American

886,566

980,220

333,099

6,400 shares of

Common

Makris

Gross

owner,

uranium

corporation is privately-owned and financed, Mr. Makris an¬
nounced, but has authorization for the issuance of 5,000,000 shares of

Mr.

and

of

The

Mr.

i

$1,397,491

St. Louis Southwestern

Texas

'

stock.

66,987

Public Service Co. of Indiana,

corporation,

new

in

58,612

836,703

income

preferred

Int.,

investing

of

announced

was

purpose

.68,364

67,142

$1,616,020

2476.

company

The

by M. A. S. Makris of Houston, Texas.

who

company

erties.

corporation

uranium

June

on

Mr.

of

44,312

36,279

59,613

railway

covering 640

Gross

Pan-American Uranium Corp.—Organized—
Formation

ry.

,

1951

1952

1953

7

.

From Jan. 1—

$206,490

involved.

f

61.

p.

$176,377

31,109

v

railway.

oper.

The
SEC

Con¬

program.

$11,857,000

$213,362

railway
railway

from

out¬

(including expenditures of $1,897,000 by Mountain

the

to

1954
are

will

Net
1951

1952

1953

,

$155,626

Porter International

Power

May 21,
Power, which

merger

1954

from

May—

mon

the

States

1954, of said Mountain States Power Co. into Pacific
redemption
will
require,
exclusive
of
accrued
interest,
of

May-

—V.

179, p.

corporate

will

mortgage

assumed

first

1954

.

.

,

income

oper.

Net

of

registration statement with the
mortgage bonds, due Aug. 1, 1984,
a

public sale at competitive bidding.
be used for the redemption of

proceeds
first

filed

of

$30,000,000

offered

be

Net

standing

July

on

.

railway...
railway

from

share

Pacific Power & Light Co.—Registers With SEC—
The

St. Louis Brownsville & Mexico Ry.-Earnings—

2708.

p.

Net

Mer¬

Singer,

these

1571.

p.

;

from

from

—V.

under whose

178,

179,

From Jan. 1—

program.

Supervisor,

operate.—V.

•:

Net

"Through this intensive specialization, Pacific Mills will be able to
turn put fabrics, finishes and
patterns specially styled for the specific
requirements

Corp. below.—V.

Net

; ~

"Pacific's mills at Columbia, S. C. and the
finishing plant at Lyman,
S. C. are geared to this new
program of specialization," J. Edmund
Bradley, Vice-President in charge of the Cotton Division, stated in

announcing the

Oil

Pittsburg & Shawmut RR.- -EarningsMay—

the

creation

its

;

company's

program

Sinclair

Gross

Pacific Mills—To Expand Merchandising
Program—-

r

(159)

Peabody & Co. (jointly), offered to pay $18.10 pet
expected that the stock, which represents 52.8%

standing

Pioneer

Natural

July 23.—V. 179, p. 2708.

Gas

Stock
!

will be delivered
t

.

£.

..

;

on

or

Lu

»

before

8

(160)

The Commercial and Financial Chronicle

South

Carolina Electric & Gas

addition

In

additional

to

the

sale

of

and

accordance

sold,

in

New

with

the

approval

of

issue

such

Merrill

The

special meeting of stockholders, 80,000 shares of $50 par,
4.50#
cumulative preferred stock for an aggregate consideration of
$4,000,000.
No further permanent financing by this company is con¬
during

to provide

the

remainder of
estimated $2,500,000 of

an

the

1954.

It

is

of
temporary bank loans.
arrangements
are
being
completed
to
sell
at
private
placement in July 1954, $4,000,000 principal amount of 37/8# first
mortgage pipe line bonds of South Carolina Natural Gas Co., wholly
owned
subsidiary, at a premium sufficient to produce funds for the
purpose of refunding at a lower rate of interest $4,000,000 of 4% %
lirst mortgage pipe line bonds.
Last year, $4,500,000 of these bonds

be

75#

&

F.

Co._.

_

_

Shields
Stone

Operating
Operating
'•*

1954—5 Mos.—1953

&

&

_

Webster

Co.,

H.

Walker

&

2,000

Gross
Net

from

Net

ry.

675,000

2,700

1,300

675,000

2,700

675,000

2,700

Co.

Gross

& taxes-

exp,
•

10,429,808
'

■

•
.

Operating income
Other

income

10,024,940

i

24,260,663

■■■

$3,207,613

$2,087,356

$6,501,980

12,311

12,330

19,761

(net)

■

'

Gross

income

Net

Period End. June 30—
Net

—V.

$4,534,848
34,502

1954—Month—1953

sales—

'

$3,219,924

$2,099,686

$6,521,741

ry.

672,788

2,211,793

179,

1,660,418

Net

income

from

$1,426,898

$4,309,948

$2,908,932

Net

from

183,640

185,078

442,175

445,625

Net

ry.

divs.

Balance

Vol.

$1,826,627

179,

$0.39

share

com.

3,150,795

on

$1,241,820

$0.58

——

per

•Based

shares

of

$3,867,773

$2,463,307

$1.23

$0.78

stock

common

at

31,

May

Gross

ry.

—V

South

Carolina Natural

Gas

Co.

$4,000,000

This

1954

1952

The
SEC

railway
railway—

193,659,559 225,415,148
35,355,237
54,670,371

Net ry.

14,288',840

oper. income
179, p. 2601.

—V.

53,267,623

for

47,462,235

21,927,520

1954,

Gross

from

Net

ry.

railwayrailway.

from

Net

1952

Net

3,805,622

2,751,954

102,470,938

The

116,809,175

111,909,793

28,778,909

40,163,266

31,155,449

Net

ry.

—V.

18,103,992

12,188,627

Public

Service

,

2,350,350

preferred stock

The

bonds
if

at

Co.—Securities

The

subject to optional
during the 12 months
after

amount

preferred

$26.25

stock

share

per

May

is

net

31,

share)

per

July

redemption prices
beginning June 1,

1978.

redeemable

through

PROCEEDS— The

31,

The

at

1959

proceeds from

special

and

BUSINESS—The

transmission,
of

the

Texas

of

is

company

distribution

includes

region

to

$25.50

the

reported

operating
$6,350,520.-

sale

and

the

sale

of

12

mortgage

electric

1954

July

these

months

is

in

to

area

in

178,

ended

April

$31,445,601

EFFECT

TO

bonds:

series

due

30,

31,

due

and

The

series

due

1979

series

due

PRESENT

series

due

series

due

1981

series

due

due

1979

due

1975

/

preferred

cumulative

(par $100)
preferred stock-—
preferred

cumulative

preferred

'

165,000 shs.

'

stock

stock—

4.25#
cumulative preferred stock
4.60# cumulative preferred stock
Cumulative preferred stock
(par $25)
4.36#
cumulative preferred stock
stock

(par

below

the

are

names

has

acquired

Mount

of

4,087,478
the

New

vegetables.
"Pictsweet."—V. 178, p.

label

Gross

from
ry.

Garrett

&

Freres

Loeb,

&

Corp—
&

&

Co.__:

Co




—

Companies,
30

by

F.

been

Canada—

staking
Eaton

in

R.

the

Atlantic

claims
and

Labrador

Iron trough,
Managing Director.

Joubin,

turned

1,000

of

group

a

controlled

to

over

Oceanic

Iron

be¬

Inter¬

it

was

Ores

of

exploration

during

1954.

1953

1952

1951

$347,089

$421,431

$438,848

$423,300

.'

65,844

72,771

119,318

for

80,286

12,358

15,693

61,581

30,002

1,861,930

2,246,524

2,186,982

800

in

2,700

675!000

2 700

1

521.873

440,972

425,052

15,693

197,597

157,047

•

143,187

the

the

has

called

New

2 000

Los

for

of

2!o0O

will

2 700

butadiene

The

2,700

this

Coast

in

the
&

Warren

plant

use

the

Dr.

the

2,

totaled

1954

Dividends

GIVING

totaled

$1

$47,264,369,

share

per

EFFECT

TO

PRESENT

and

in

cash

FINANCING

7,613 shs.

cents)

by

225,043 shs.

6

formed

further

announced

establishing

coordinate

cold

of

July

on

Division

and

of

its

fasteners

services

and

expansion

Technical

a

technical

Sales

179,

in

the

1376.

p.

Corp.—Stock

its

of

Department

customers

to

parts.—V.

Development

net

obtaining
The

proceeds

for

of

the

its

proposed

proceeds

further

roadbed

new

securities

of

'

<

«

tWarrants

Offered—

•Common

and
stock.

rolling
funds

short-term

U.

S.

the

interest-

PRESENT

and

FINANCING

Authorized

Outstanding

500,000 shs.

217,500 shs.

111,250

shares)

111,250
tTo

warrants.

share expiring Feb.

for

work

in

securities

government

TO

l,

(initially

of

invested

quality.

EFFECT

-

stock

development

be

may

$1)

.

exercise

used
primarily to finance
making of engineering and
to expend a small portion

-

(par

1

be
the

expects

engineering

and

GIVING

•

stock

for

general

investment

CAPITALIZATION

•Common

will

contracts

corporation

Initially, part of the
bearing bank accounts,

Feb.

on

111,250

purchase

for

reserved

are

issue

stock

common

$3

at

1959.

13,

corporation, organized as a Delaware corporation
1954,
has
proposed
new
hiethods
concerning railroad

11,

construction

rolling

stock,

and

believes

that

both

railroad

and

to

proposed

including

poration

its

rapid

ideas

new

bodies

car

methods,

and

ideas

and

designs

rail

trucks.

and

designs
transportation.

transit

for

rail- *

The

cor¬

applicable

are

The corporation
initially and perhaps for several years will devote
its major efiorts
in seeking to obtain contracts for the making of
engineering and related surveys concerning the building of railroad
and
rapid
transit
systems
embodying its new methods, ideas and

designs.

,

Feb.

On

13,
1954,
shares of its

100,000

70,000

Hastings

the

corporation
stock

common

acquired,

and

additional

shares, all the
Transportation & Land

in

warrants

assets,

exchange

for

from

free

the

for

purchase

liabilities,

all

Corp., a Delaware corporation.
included certain discoveries,
inventions, a
drawings and engineering work and reports
relating to the proposed new methods concerning railroad roadbed
construction
and
the
proposed
new
ideas and designs for railroad
rolling stock.—V. 179, p. 2079.
•

,

.

assets

Tri-State Uranium Co., Salt Lake City, Utah—Files—
The

SEC

Aug.

1,

next,

$750,000

corporation

covering
to

179,

48

for

the

combination

a

was

This
June

Co.,

purpose

butadiene

announced

company

will

utilize

on

include

Houdry
the

process

Phillips

as

for

the
the

Furfural

L.

Purvin,

corporation.

Dallas,

Texas,

be

30

shares
at

used

10

to

filed

of

pay

letter

a

share,

a

for

notification

of

stock

common

cents

(par

4

with

cents)

to

without underwriting.
incident

expenses

to

mining

July

Wm.

7.

R

p

1

Staats

C.

&

Los

Co.,
Rhoades &

principal

of

being

has

been

are

the
be

The

opera¬

shares,

to

Net

the

quirements
the

named

puri¬

President

of

also

offered

and

proceeds

covers

to

shares

issuable

shares

and

through

statement

with

the

SEC

on

its $5 par common stock, to
underwriting group headed by
offering price and underwriting

an

Inc.
The public
supplied by amendment.

on

the

to

to

over

warrants

holders

covered

issuable

of

company,

and

for

be

proceeds

material

used

registration

a

sale

Co.,
be

■

common

common

filed

public

&

shares

mon

Plans

covering 200,000 shares of

for

to

—

of Debentures—

statement

butylenes

raw

production
process

1254,

Allyn

The

94.919

•

Corp.—Registers Stock With SEC

corporation

28,

terms

developing plans
and alkylation plant

York; Carl M. Loeb,
Co.,
Corp., Tulsa, and The Flour Corp., Ltd.,

butane

will

offered

A.

of

New

Petroleum

public

Ultrasonic

Wall

2811.

p.

June

on

500,000

the

Private Sale

of

with

Robert
new

1898, now
Ohio and

tions.

on

fication.

'

in

eastern

Co.—Partial Redemption

redemption

corporation
of

arda,

Wertheim

York;

500,000

1,300

Y.—V.

Angeles.

2,700

675,000

N.

construction

Angeles;

2 000

325,000

York,

Gulf

ended Jan.

year

10

surveys.

offered

2477.

Participants

2,000

Sales

costs

related

2,080,750

72,771

income—

Formation

established

Pennsylvania,

'

Texas Butadiene & Chemical
Corp.—Organized—

800

400

business

a

western

L. H. Rothchild &
Co., New York, on July 7 offered
publicly 100,000 shares of common stock (par $1) at $6
per share "as a speculation."

be

1,300

are

principally
patent application, plans,

800

New

capital.

$251

(par

company

selection

These

Inc.,

Street,

share.

per

working

2811.

p.

of

income—

p.

in

$470,547.

(par

stock

enlarge

roadbed

of

railway

800

500.000

Rhoades

Toronto,

37/a%

675,000

„

Ltd.,

first mortgage pipeline bonds due 1972 at
101.635 and accrued
Payment will be made at The First National Bank of
Chicago,
Chicago, 111., or at the office of Dillon, Read & Co.

2,700

500,000

—

This

to

See also

interest.

675,000

Co

Marks

of

675,000

:

Langley & Co

Higginson

3,600

500,000

Weeks

Streets,

of

company

2,000

20o!(X)0

Peabody & Co

by

Cyrus

railway
railway

179,

fiscal

were

PROCEEDS—The
of

newly

a

oper.

2,700

100,000

1—

the

has

for

stock.

stock

179,

road

acquired

of

Ore

the

in

General

the

(par $100).

used

to

successor

Transportation

15th and Chestnut

stock

be

participating in the offering

Outstanding

Preferred Stock Placed

—

Tennessee Gas Transmission

325,000

;

Inc.

to

are

"Townsend Co.—Expands Sales Division—

at
Payment will be made at The Pennsylvania

Consultants

from

The

200,000

Sons

101,117

(par 25 cents) at $30

supermarkets

for

5%

proceeds

7,400

200 000

Goldman, Sachs & Co.Harriman Ripley & Co., Inc
Hemphill, Noyes & Co
&

—V.

Shares

200,000

Pancoast

93,508

BUSINESS—The

railway

oper.

675,000

(Inc.)—

&

156,486

Nev.—

of Claims—

has

From Jan. 1—

900,000

^

Republic Co.
Robertson

Reno,

redemption on Aug. 1, next, out
$50,000 of 15-year 3'/a % debentures

fund,

60

Common

Exchange Commission—

1954

from

Net

shs!

675,000

Central

Co.,

stock

proceeds

company,

Preferred

858.

Preferred

Bonds
$1,850,000

]

281,563

147,065

CAPITALIZATION

Its

for

May—

>

500,000
___

548,521

310,129

Telephone

of

ry.

;

527,372

495,684

Vernon,

and

Tennessee Central Ry.—Earnings—

from

Inc

644,684

244,897

income

earnings

per

June

on

field

of

gram

Net

Dewar,

M.

Inc.,

incorporated private company.
The reported
company
shares
within
one
week
by
a
very
shareholders, provided complete financing require¬
purchase the large holding and undertake a full scale pro¬

to

Net

of

14,618

Virginia.

upon

holdings

Ltd.,

Net

Brown & Sons

M.

shs!

to

Hosworth, Sullivan & Co., Inc

Carl

corporation

fruits

Development

called

Mine

number

ments

'*

"

80 000 shs

agreed

66,978

17,573

:

Grubbs.-

&

and

Co.—Partial Redemption—

Group

Iron

Canada

Gross
forth

severally

67,258

36,108

383,358

underwriters

operates

Corp.—Earnings Higher—

sinking

property

principal

have

Llyth & Co., Inc.—
Loettcher & Co

Laurence

The

200,000 shs.

■

120,324

17,583

issue

net

This

$5,537,580

June

has

company
the

purchase
the
principal
bonds and the number of
shares of new preferred stock
their respective names:

who

Allyn & Co.,

Lazard

$5,082,886

100.

p.

announced

new

Lornblower

the

cumulative preferred

national

9,200 shs.

„

Let

'

10,000

5,000,000 shs.

Dillon, Read & Co., Inc
.Eastman, Dillon & Co.——_____;
Liair, Ridlins & Co., Inc

C.

This

tween

20 000 shs

4

Kidder,

180,

42^590 shs.
2o!o00 shs!

$1)_

UNDERWRITERS—Set

Robert

under

of

Banking and Trusts, trustee,
1, Pa.—V. 179, p. 109.

Technical

22 410 shs

stock

preferred

Atex.

6%

limited

cumulative

C.

7 that this
Pictsweet Foods,

distributor

Sutton Corp.,

Acquires

10 000 000

cumulative

opposite

for

A.)

of

of

20 000 000

stock

24,163

Moore, Leonard
Stroud & Co., Inc.; Kay, Richards & Co.; A. E. Masten &
Arthurs, Lestrange & Co.; Fauset, Steele & Co.; and Jenks, Kirk-

land

1954—4 Mos.—1953

$1,365,609

July

on

on

over-subscription

series

4.40#

Ve.

income

12 000 000

3.90#

aet

company

12,000,000

•Debentures:

A.

the

3,800,000

,/v

$114,623

Lynch;

Co.;

Privately—The corporation, it was announced on July 9,
has placed privately through F. Eberstadt & Co. Inc.
and Shillinglaw, Bolger & Co., an issue of
15,000 shares

The

9,850!000

1978

of

The

other

11,518,000

1980—-

3#

3#

1951

$115,772

2644.

p.

common

Other

1954—Month—1953

and accrued interest.

(O.

Outstanding

r

,,

3#

underwriters

the

FINANCING

1977—____

amount

with

West

Wells

the

Philadelphia

3,255,000

3#

series

IO2V2

in

Company

$18,600,000

2%#

Common

notification

1514.

p.

Minerals

company

monies

territory

a

net

1972—.

4.15#

of

Stores, Inc.—June Sales Off—

Sun Ray Drug

from

1969.

Mexico.

1954

1971

series

3.70#

letter

a

B voting common stock
(par $1)
through A. M. Kidder & Co., Miami,
increase capital and surplus and possibly

price

740,000.

Authorized

2%#

Cumulative

filed

generation,

in

New

approximately

1952

$145,972

Thorofare Markets, Inc.—Stock Offered—A
group of
underwriters, headed by Hulme, Applegate & Humphrey,
Inc., Glover & MacGregor Inc. and Singer, Deane &
Scribner, on July 9 publicly offered 9,750 shares of

class

of

to

distributed

are

company

V.

of

revenues

2%#

3.20#

in¬

100.

The corporation
reports for the six months ended May. 31, 1954,
net profit of $765,416, compared
with $707,424 for the corresponding
period a year ago.-i—V. 174, p. 1727.

the

securities will

the

energy

1953

$44,887

until

2601.

Struthers

Panhandle, the South Plains

Valley

served

CAPITALIZATION GIVING

3 V4 #

one-

a

loan

persons

22 filed a letter of notification with the
covering 50,000 shares of common stock to be offered at $lvper
share, without underwriting.
The proceeds are to be used to pay
for expenses incident to mining operations.

from

scaled

downward

after

principally

of

Oklahoma

Pecos

territory
the

engaged

and

Texas

and

the

EARNINGS—For

•First

bank

interested
thereon.—V. 180, p.

SEC

used, together with other company
funds, to retire on or about
Aug. 16, 1954 $10,000,000 3% #■ first
mortgage bonds due 1982 and
$12,000,000 3.65# first mortgage bonds due 1984.

population

authorizing

$1,500,000

given

share

per

are

announced

was

The

ac¬

redemption

prices ranging

be

which

28

shares

$3.75

Files With Securities and

Offered

an

($25

par

are

called

principal
is par.

ordei1

its

of

has

hearing

a

SEC

an

1954,

$1,292,867
p.

products

crued dividend.
103#

29,

a
controlling interest in
Wash.,
a
processor
and

investment banking
group which on July 8 offered for public sale
$20,000,000
3.20% first mortgage bonds due June
1, 1979 at 100%
and accrued interest and
80,000 shares of 4.36% cumu¬
lative

Ry.—Earnings—

Income

oper.

an

—V.

Southwestern

4,486,103

Co. — Bonds Sold Privately—This
has placed privately thorugh White, Weld &
of $500,000 3%% 25-year first mortgage
bonds, series C, due April 1, 1979, it was announced on
July 8.—V. 176, p. 2440.
Co.

Light Corp.—Loan Extended—

June

on

48,730
at

Strategic

—Dillon, Read & Co. Inc. headed

5,551,868

139,740

2477.

p.

5,798,861

railway

179,

Sales

11,401,868

income

oper.

179,

130,141

net

28,279,835

—

258,309

ry.

—V.

Stokely-Van Camp, Inc.—Acquisition-

107,803,447

13,500,575

railwayrailway—,

13,688,863

2,904,494

railway

292,252

Commission

to request

proceeds

179,

it

from

from

1,020,761

256,551

requested

sales

From Jan. 1—

Gross

1,064,795

530,198

July

the

investment.—V.

—V.

1951

2,347,404

—

57,784,442

18,487,484

railway

from

from

&

$19,188,161 $23,737,149 $22,663,438 $22,570,179
4,864,720
8,202,408
7,002,170
6,031,653

—

__

income

oper.

1,332,872

221,210

Period End. June 30—

1053

62,367,967

19,381,367

income.

oper.

Net

has

corporation

Net

1954

ry.

Net

15,849,771

Ry.—Earnings

May—

63,202.872

12,456,819

railway

Texas

Sterchi Bros.
Southern

55,976

488,932

from

and

offered

Fla.

218,180,437 204,061,751

20,601,452

53,215,953

1954

from

Gross

116,643

50,216

2374.

p.

covering

be

to

from

from

80,133

82,610

State Fire & Casualty Co., Miami, Fla.—Files With SEC

From Jan. 1—•

Net

154,771

1951

railway.

$41,227,763. $46,192,331 $46,001,644 $44,402,881
Net from railway——
8,286,343
10,833,823
11,867,149
10,494,883
Net ry. oper. income—
3,125,870
3,744,572
5,434,794 ^ 3,176,084
Gross

$266,626

1,325,166

corporation

July 22,

1953

808,660

From Jan. 1—

•

extension

year

Co.—Earnings—
'

$244,668

income

oper.

179,

debtedness;

May—
Gross from

$325,519

94,385

Standard Power &

Bonds Privately—See South Carolina Electric & Gas Co.

above.—-V. 178, p. 1375.
Southern Pacific

2,440,782

■«

company

Places

—

1,050,525

2477.

p.

from

1951

32,889

railway
railway

from

Net

1954.—

1952

Income

from

Net

1953

railway-—

oper.

2251.

p.

railway-

oper.

Net

Earnings—

$289,141

railway

From Jan. 1—

•Earned

3,183,445

839,144

.

railway

179,

Gross

195.4

$2,010,267

stock

3,078,039

729,940

May—

2601,

p.

May—
Gross

Preferred

$11,755,138 $12,177,813 $11,740,110

2,055,109

Texas & Northern

1954—6 Mos.—1953

$10,455,882 $10,244,805 $54,694,502 $59,794,473

Spokane International RR.-

$4,569,350

1,209,657

deductions

1951

1952

1953

$10,120,257

—

railway

from

Net

Income

of

holders

to

31

Spiegel, Inc. (& Subs.)—June Sales Up—

23,370,549
■

■

■

railway!..

op£r. income.

from

—V.

1954—12 Mos.—1953

declared

been

has

July

Orleans RR.—Earnings—
1954

from

Net

2811.

p.

New

&

2,700

-

share

per

payable

From Jan. 1—

2,000

675,000

___—

cents

15

of

May—

2,700

500,000

-

_

Corp

Weld & Co.

179,

Texas

400

400

675,000

Corp

dividend

1,300

2,000

325,000

Securities

Inc

fourth

combined.

July

100,000

_

Sharply—

July 2 said that figures on an
year ended May 31, 1954, indicate that
quarter
will
exceed
those
of
the
first
on

fiscal

outstanding common stock,
15.—V. 179, p. 1727.

record

500,000

_

the

the

quarters

the

on

400

President,

for

quarterly cash

500,000

__

Co.

Son

&

Securities

White,

A

100,000

&

Co.

&

Union

$13,637,421 $12,112,296 $30,762,643 $27,905,397

revenues

I'

for

three

2,000

325,000

__

Spencer Trask & Co.
G.

_

Barney & Co

Stroud

—V.

100,000

500,000

_

Mosle & Cooper

Rothschild

Rupe

800

CONSOLIDATED STATEMENT OF INCOME

Period End. May 31—

basis

earnings

2,700
400

Co

Rogers,

B.

estimated

2,000

Smith,

privately, but as the pipeline was completed at a cost less
original estimate, approximately $500,000 of these bonds
redeemed at par from construction funds to adjust the debt
of the cost of the pipeline as required
by the indenture.

Ralph

2,700

675,000

___

Monday, July 12, 1954

.

.

Texas Industries, Inc.—Earnings Up

Shares

$075,000

500,000

Dallas

the

will

Beane

100,000

L.

sold

to

&

200,000

Northwest

Rotan,

medium

than

Milwaukee Co.-

Riter

Financial

"were

Fenner

Paine, Webber, Jackson & Curtis
Piper, Jaffray & Hopwood
Rauscher, Pierce & Co., Inc.--

expected, however,
money requirements through

new

Pierce,

Mitchum, Tully & Co

and

templated

Lynch,

Pacific

the

at

Preferred

Bonds

.in

of

consideration

annual

Co.—Financing, Etc.—

February and March 1954 of 286,436
$4.50 par value common stock for an aggregate
$4,224,931,
the company
on
June
2,
1954 issued

shares

.

pay

the

to

purchase

outstanding

89.154

warrants,

common

as

well

as

options and warrants, 35,802 com¬
conversion of outstanding bonds, and 83,333

upon

conversion

financing
be

of

by

used

off

to

are

$800,000

amount

of

to be

meet

outstanding debentures.
added to the general funds

increased

of

reauired

bank
for

working

loans.

The

capital
excess

re¬

of

purchase of additional
equipment in the air conditioning field and the payment of the bank
loans, together with the proceeds of the private sale of $1,000,000 of
6#
income
convertible
debentures, due Oct.
1, 1963, will be used
for
working capital.—V. 180, p. 101.

Volume

Number 5341

180

.

.

The Commercial and Financial Chronicle

.

.Union Compress # Warehouse Co., Memphis, Tenn.—

,

The

20th

filed a letter of notification with the

June 25

Winn

(Hiram) Walker & Sons, Inc.— Peoria Plant Marks
Anniversary—

,

Commission—

Files With Securities and Exchange

SEC

The

world's

share through Leftwich & Ross and Mid-South Securities Co.,
both
of Memphis,
Tenn.
The net proceeds are to go to 35 selling-

stockholders.—V.

6,000,000

on

covering 30,000 shares of common stock

$1)

(par

to

be

offered at $10

per

163,

822.

p.

Peoria

The

mail traffic were
carried by
the corporation during the first six months of 1954, it
was
announced on July 1 by Robert E. Johnson, Vice-President and
Assistant to the
President.
Revenue passenger miles flown in
June
the

exceeded

alone

freight and

passenger,

1942 total

The

by

first

to

According

ceeding
with

the

same

ton-Smiles,
down

up

8%.—V.

The 3V2%

convertible

at

the

of

fractional

/The

company

of

each

of

June

on

stock

common

filed

24

notification with the
(par $1001 and 700
units of one share
without underwriting.
The

letter

a

of

stock

to

be

class

proceeds
capital.

are

$10)

(pal

of

&

$110

at

used,"to

unit,

per

purchase

equipment

of

of' stock

City

York 8,

of

N.

Incorporated.—V.

,

■

.

.

'

'

•

refunding

interest.

:

United Merchants & Manufacturers Inc.—Bankers Ac¬

-

City
of

quire Stock—.

called

for

accrued

21

into

each $34

for

of

Brothers,

the

after

above

.

the

at

1974.

p.

■

Sold—G.

will be made.
made either at

be

five

was

April,

in

1953,

,

The conversion agent is J. P. Morgan

net

Co.—New Development—

United States Rubber

bottle¬

no

redemption

plant.

shipping range to a 24-hour trip from the
cut shipping costs and eliminate the time-

pellets

new

July

on

1976

due

rubber is used in the new pell°ts.
mix quickly with the asphalt. —V.
179,

will

S.

It

The

corporation

Commission—

B.

filed

28

June

on

Vice-President and director.—V.

Green,

15,

revenues——

exps.

and

Net

oper.

revenues

Gross
Income

taxes

100.62%-

National

$219,545

$7,226,654
34,088

Utah

$228,031
43,930

$7,260,742

179, p.

$184,071

$4,988,040
3,632,875

*$100,179

$1,295,165

-$385,661

"

1^53
$70,817

Net -from-

*39,071

Net

railway
oper. income___

1954

*35,195

from

from
ry.

rail way

*53,356

*38.189

*14,919

*44,037

*31,629

444.323
*83,765
*73,411

*

*125,236

incdme___

*137,214

*Deficit.—V.

668,711
*78,109

*183,686

*96,010

*195,172

179,

p.

403,640

2645.

Corp. of America—Secondary Offering—A sec¬

ondary. offering of 8,000 shares of common stock (par
50 cents) was made On June 29 by Blyth & Co., Inc., at
$15.50 per share, with a dealer's discount of 40 cents perIt

share.

completed.—V. 180,

was

p.

101.

Voss Oil Co., Newcastle, Wyo.—Registers With SEC—
This

stock,

filed

company

registration

a

statement

1,
1954,
covering 336,800 shares of
its
$1 par value.
These shares are part of

with

the

SEC

on

outstanding common
1,190,250 shares held

by the 40 selling stockholders out of a total of 3,580,000 shares out¬
standing.
The prospectus names John R.
Lewis, Inc., and Coburn
Middlebrook, Inc., and Glidden, Morris & Co., of Seattle, New York,

&

and

New

York,

underwriters have
selling stock¬
underwriters plan
to reoffer the stock to the public at a price related to the market.
The
selling stockholders include Dale H.
Voss, President and di¬

an

option

holders

rector,

at

who

respectively,

purchase

average

holds

2,413,200

offered

sale

to

an

promoters

seven
covers

for

thereof

proceeds
ment.—V.

2,071,895

732,470

311,371

Wood Steel Co.

(Alan)

I

Uranium,

John

Whiting,

T.

Utah—Stock

Leeds.

on

&

to be used to pay

are

expenses

incident to mining

June

on

the

first

will

mortgage

Proceeds

than

more

and

filed

letter

a

of

notification

The

net

1,500,000

granted

proceeds

shares

will

be

to

used

be

Issued

at

the

the management.

to a member of
are

to

pay

for

SEC

price

same

-

,

development

expenses.

Willys Motors, Inc.—Manufactures Mechanical Mule—
old

by

The

;

has

been

given four cylinders and put on a
Army's "Old Faithful" of 1918 has been replaced

versatile

more

a

mule

Army

less

and

•

•

"

stubborn

successor—the

has

Ground

a

by

Army

glance,

of Willys Motors, Inc., its maker. > ?,
the unique vehicle looks like a flat-bed truck equipped

with

an

trols

extending out slightly from
of the Mechanical

engine

underneath

Developers
Detroit

Arsenal.

Its

weapons,

from

nearest

V.

the

179,

Mec^anicel

p.

2082.

in

the

rear,

the

and

other

Mule

were

a

driver's

seat

and

con¬

end.

Willys

the

Army's

primary purpose, Mr. Kaiser explained, is to
ammunition, food, and other essential supplies
right up to the GI's front-line position.—

roads

Whiting said.
Philadelphia

pale
are

from
176,

the

price

336,800
$4

shares

The

the

from

share.

per

The

379,074 shares and is offering 150,000 shares,
of the company.
The registration statement

shares
from

which,
time

given).

according
itme..

to

The

the sale of
1967 and

p.

underwriters.

as

of

any

V.




.

company

of

175,

the
p.

to

."

the
(but

will

no

not

shares

2698.

prospectus,
definite

receive

covered

by

and
also

"may

plans

any

the

of

be
for

the

state¬

the

with

company's

the first mortgage bonds and to
company's
post-war
expansion
and

redeem
the

banks

National

in the new financing
Trust Corn Exchange
the Provident Trust Co.

participating
Bank,

Trust

Girard

Co.

and

Philadelphia.
the

or

agreement,

loan

new

which

effective

became

July

1.

extends for seven years, the company can borrow up to
during the first
two years.
At the expiration of two
June 30, 1956, any sum borrowed by the company and not

During the initial
interest rate on borrowings will be ya of 1% above
which is currently 3%.
The Interest rate varies in
the last five years between
3%% and 4 y4 %.
Under the term loan section pf the agreement borrowings outstand¬
ing on June 30, 1956, are to be repaid as follows; 70% over a period
of five years at the rate of one-fifth each year and 30% on June 30.

repaid is to be converted into a five-year term loan.
two

years

the

prime

1961,

the

rate,

to

funds

from

The

be

agreement

new

into

entered

with

aside

set

replaces

the

same

a

each

year

from

net earnings.

two-year

$3,000,000

banking

institutions

in

standby
1953,

but

credit
never

used.

total

A

101

of

$3,958,000

102

sold publicly

In

pany

interest

accrued

and

Provident

and

mortgage

bonds

are

currently

outstand¬

a
total of $627,000 of these bonds will be retired at
Sept. 1, next, through operation of the sinking fund.
remaining portion
of
an
original
Issue
of
$6,300,000 first

mortgage bonds
Trust

announcing
first

Co.

of

on

in September,

"Sept.

Philadelphia,

1,

1948,

next,

trustee

at

for

will be pjaid
the offices
the bonds.

off
of

at
the

the financial arrangement and plans to redeem tho
mortgage bonds, Mr. Whiting stated that the com¬

is now entering the final phase of its post-war plant addition
improvement program.
He said that in
the six years,
1948

through
new

first

However,
on

The

company's
and

together

financing,

for

for

Philadelphia

Under

ing. '
the

high-priority tests at Aberdeen Proving
Ordnance, it was revealed on July 7 by Edgar p.

undergoing

President

Kaiser,
At

been

"Mechanical

"

Designed to take the load off tho foot soldier's back,
Mule

of

borrow

This program includes the expenditure of
construction of a new cold rolled strip
modernization of the company's 84-inch plate

program.

$7,000,000

Bank,, Fidelity-Philadelphia

years,

the

new

four

the

1954, and
$7,000,000

with

the

be used to
remainder of

$3,500,000

Mr.

The
are

8 that the com¬
Philadelphia banking
up to $7,000,000*

July

on

four
can

credit and term loan arrangement.
Mr. Whiting announced that the company
on>
call for redemption all of its then outstanding
sinking fund bonds.

will

the

finance

5%

from

funds,

own

announced

time

same

1954,

1,

.

President,

an agreement
with
which Alan Wood Steel

revolving

new

a

At

Sept.

mill

24

Concludes New Revolving

concluded

has

pany

Inc.,

—

Credit Agreement—To Redeem 5% First Mortgage Bonds,

1954,
buildings

retained

the company will have invested
and equipment, most of
which
and other internal sources.—V.

earnings

over

was

179,

$30,000,000 in
financed from
2853.

p.

2

H0*)R INOf

$60,762

*22,386

364,059

railway____L_

oper.

Vitro

2,222,525

1,394,614

1951

1952
$61,782

,

From Jan. 1—

Net

3,365,050

823,038

2477.

p.

'

$51,619

-

Net

2,096,000

income__;

oper.

179,

451,750

1974.

railwaV-___

ry.

railway_^___.

from
ry.

$66,083

2^4,250

2,272,702

Ry.—Earnings—

from

267,082

12,343,584

$463,313
397,224

$279,974

____

—

May—

,

2853.

p.

206,637

12,638,695

Dr22,803

$3,164,923
942,449

_____—

Balance

July

&

633,938

278,957

$486,116

Dr21,514

1,342,500

*LosS.—V.

Net

National Bank *.

Riggs

$2,773,465

450,002

13,511,417

178, p. 764.

$2,222,474

income

deductions

income

Gross

the

1951

$2,505,450

429,138

notification with the

of

8,264

Dividends

Gross

at

or

1952

1953

$2,734,731
627,514

11,602,791

v

$3,156,653

(net)

income

Net

Y.,

N.

next, $90,000 ofand accrued
Bank of the-

at

Chase

The

1954

railway—

oper." income—

from

1954—5 Mos.—1953
1954—12 Mos—1953
$13,166,240
$737,275 $30,859,716 $3,040,196
10,003,581
547,730 23,633,062
2,554,080

Period End. May 31—

Oper.

Other

ry.

(& Subs.)—Earnings—

Utah Power & Light Co.
Operating

letter

a

outstanding.

From Jan. 1—
Gross

shares of common stock '(par $li td be offered
behalf of J. A. Numero, President and director, and

market,on

and

split of the outstanding
recapitalization plan is

is anticipated that the monthly
share, beginning with the month

549,126

25,000

covering

the

p.

is unvulcanized
2709.

per

$2,431,325

railway.—r

railway—

Minneapolis, Minn.—Files

Co.,

Control

Thermo

With Securities and Exchange

M.

179,

at

179, p. 2853.

transport

restriction.

Synthetic

at

proceeds

additional

An

also limited the

The

distance

SEC

made

York,

C.—V.

C. Haas

under option

Mule."

asphalt plant in the country
a
potential rubber-road
mix
plant.
Tossed into a mixing mill at an asphalt plant, they
break down in 60 seconds, spreading rubber evenly through the mix.
Previously Naugatuck Chemial premixed asphalt and rubber at the
chemical plant and shipped the hot mixture in insulated tank cars or
trucks to the construction site.
This system meant high transporta¬
every

U.

D.

The company

pellets

Developed by this company's Naugatuck Chemical division, the

and

New

Gold

petroleum diet.

bigger than pencil erasers may break the
neck that has prevented the widespread use of rubber roads.

pellets

costs,

Net

Western Pacific RR, Co.

The

tion

be

used

Tiny

from

Net

2853.

P-

covering 4,000,000 shades of common stock to be offered at par (three
cents per share) through Havenor-Caylas, Inc.,
Salt Lake City, Utah.

through the United States.
Proceeds of the stock sale
to strengthen the capital and surplus accounts of the
company.—V. 176, p. 2440.

make

Chase

.

installations
be

The

Whitelock Uranium Co., Price, Utah—Files—

incorporated under Arizona law in November,
undertook business as a limited capital
stock
legal
reserve
life insurance company.
On May 28, 1954, it
became a full or unlimited legal reserve life insurance company, and
is engaged in the sale of standard life insurance policies to civilians
in the State of Arizona and to military personnel at various Federal
will

Net

total of

years.

company

and

issued

this

2645.

*.

from

Gross

mill,

Life Insurance

Legal Reserve

it

cents
p.

•

lieu

—
Stock Sold Privately — A:
50,000 shares of 5% cumulative preferred stock,,
series A (par $100) has been placed privately throughBlyth & Co., Inc.—V. 180, p. 102.
\
-

Company filed a regis¬
tration statement with the SEC on July 6,
1954, covering 1,900,000
shares
of class A non-voting common stock,
$1
par
value, to be
offered for sale at $2.50 per share with a
10% selling commission
to
salesmen.
The securities are to be offered only by subscription
agreement, payable in instalments not less frequently than monthly
;This Old Line

The

will

York,

activities.—V.

Securities and Exchange Commission—

1952,

In

May—

modernization

With

five

If

common

2,000,000 shares;
be issued to
basis of two

would
on
the

Wisconsin Central Ry.—Earnings-

44,000 shares of

The

over

be

1954

20,

value

par

from

shares

theretofore

stockholders,

will

$1

three-for-one

1954.

20,

the

-

Co., New York City, on July 2 of¬
common stock (par 10 cents)
at
the market (not in excess of $4 per share) "as.a specula¬
tion," The offering has been completed, all of said shares
having been sold.
•

.

Security Life, Phoenix, Ariz.—Registers

United

Aug.

1954.—V. 179,

institutions under

fered

block of 35,000 shares by an
the shares available for sale to
a

of

New

of

Western

by stockholders who received United Merchants stock
company acquired A. D. Juilliard & Co., Inc.—V.
179,

the

,

all

constituted

buyer,

group

time

common

"

Hemphill,

Weeks and

&

investment of

purchase for

undisclosed

the

Hornblower

interest,
stock

debentures.

will

bonds

mortgage

Payment

Washington,

*

Noyes & Co.
have purchased a block of 93,52lj shares of
common stock of United
Merchants and Manufacturers Inc., it was announced on July 7. This,"

% Lehman

of

as

a

for
of

shares

Aug.

share

by

recently called

1966,

and

July

New York, 11 Broad Street, New York*
J. P. Morgan & Co., Incorporated, 23

Y.

L79.

1,

102 V2%

adjustment

of

office

Oct.

due

at

before

or

debentures

the

the

New

on

cash

a

the

of

at

The company has

3V2%'

.

.i

record

rate

(Washington Gas Light Co.—Partial Redemption—

working

for

and

or

Street,

Co.,

share

shares,

1954,

25,

time

any

one

Bank

Y.,

(subordinate)

July

on.

'

*

20.
the

special meeting on Aug.
recapitalization under

a

additional

dividend

—V.

be offered in

to

of

rate

N.

covering 700 shares of class A preferred stock

shares

of

the

each

for

at
plan

a

shares

of

approved

August,

rate on the common
declaration of the dividend for

6,000,000

would result in

shares

common

'

,/

shares

this

effect,

to

plan

stockholders

common

adopted

number

increased

be

proposed

additional
In

have

authorized

the

the

per

directors

would

under

-

to

the

with

Aug. 2, 1954 to holders of record July
company had
been paying monthly dividends at

share.
approval by stockholders

the

1954,

stock

which

high,

rations.

trade

feed

'

at

Redemption
15,

Wall

SEC

the

debentures

redemption

are

Co., Bedford, O.—Files—

United Manufacturing

to

109.

p.

National
1

11

share,

per

dividend

payable

cents

of

which

refermentation plant which will
for producing vitqmin-like con¬
Hiram Walker was the
in
1950 a riboflavin supplement

a

its* capacity

livestock

stories

and 11
whiskey.

maturing

of

improve

introduce

10

warehouses,

is

Increases Dividend-

—

monthly

Warren Petroleum Corp.—Conversion of Debentures—

;

the

topped

rack

cents

15

the

6,

about

300%

to

for

over

persons,

$9,000,000.
But the plant today repre¬
$25,000,000 in
buildings and equip¬

cost

of

barrels

some

used

179,

to

which

Co.

Stock—

the

increased

Previously

Of

total for all of 1940.
Compared
month a year ago, June freight figures were 2,884,000
24%; mail,
1,671,000, up 10%
and express, 725,000,
180, p. 101.

458,000

by

directors

rate

in

$97,887,000

of

stock

July

produced from stillage and used for poultry, turkey and swine rations.

estimated revenue passenger miles of 324,June—the highest in company history for tnat
those for June, 1953.
Passenger loads,, ex¬

in

up

21%

payrolls

rpet

and

recently completed

company

to

—V.

Johnson,

chalked

month—were

11

1,000,000

centrates

respectively.
630,000

buildings

including

hold

increase

17%, he said.
Ip. the six months, United Mainliners flew 1,430,866,000 revenue
passenger miles,
14% above the same period a year ago.
Freight,
shipments reached 15,177,000 ton miles while air mail (including fir^t
class) amounted to 10,612.000 ton miles for increases of 9% and 3%,
company's entire

whiskey,

investment

an

ment,
can

of

the

Subject

original

sents

/Record-breaking volumes of

barrels

distillery,

alone.

The

United Air Lines, Inc.—Records Broken—

largest

Lovett Grocery

&

Plans to Split Common

company's plant at Peoria, 111.,
was
20 years old on July 4.
Since the formal opening July 4, 1934,
company officials said it has paid $1,966,000,000 in excise taxes to the
U.
S.
government to
cover
its Peoria
operations, produced almost

company

9

(161)

*2

10

(162)

The Commercial and Financial Chronicle

Per

DIVIDENDS

Name of

Miami

Dividend announcements

second

4%

When

Per

Share

Name of Company

N.

Y.)

Insurance

Title

&

(quar.)

Power

Co.,

$4.40

(quar.)

_

(quar.)_____

Mosinee

Paper

National

Lock

Neisner

Brothers

New

England
York

Inc.,

8-

2

7-15

Common

8-

2

7-16

3%%

preferred

2

7-21

$4.50

preferred

Insur.

60c

10-

4'/2%

pfd.

Co.

(Newark,

N.

J.)

Audio

Devices,

Aunor

Mines,

(stock

Inc.

preferred

Birtman
Booth

Electric

Co.

Corp.,

Calamba

Sugar

Canada
Canada

$1.50

Central

Public

Chicago,

Illinois

3%%

Co.

Colonial

pfd.

Community
1st

8%

Paint

Corn

Quarterly
Cutter

Davidson

Foods

of

50c

Instruments,

Trust

Inc.,

18i°oC

10-

1

9-10

8-

2

20c

A

pfd. (quar.)

pfd.

1

8-

2
1

Ltd

2
2

8-

2

Mathieson

$1.06%

Common

8-

9-

McCormick
McKales
Melville

4%%

&

Corp.,
Shoe

preferred

Messenger

A

&

Fibre

Trust

Glass

Co.

(N.

Co.

t6c

Y.)

class

A

preferred

Funds,

Inc.

(from

net

Fire

U. S.

Realty & Investment Co.

Insurance

Universal
Waite

Pictures,

Co.

,

•

8-^14

Bros.

Lines,

Stockholders

Inc.

will

ing to be held
proposal
a

Public

•

(s-a)

(quar.)

(quar.)

$1.06Vi
J35c

.___

1

,8-2
9-

1

8-

8-16

8-

monthly)

15c

8-

$1.25

8-

1

7-15

$1.26

(quar.)

8-

1

on

Per

Power

A.

C.

F.

Special

(From

surplus

______

75c

12-15

12-

1

(quar.)

75c

3-

9-

1

8-4

7%

preferred

(quar.)

preferred

(quar.)

7%

preferred

7-15

Common

7-30

7-15

$1.20

1

8-

2
2

Aluminum

7-15

8-

6

37 %c

7-10

6-30

_

Affiliated

$$1.25

K.
to

on

dividend
will

be

to

June

Inc.

5%

pay¬

Allied

held

2

7-26

5%

preferred

(s-a)

(s-a)_—

common

(quar.)

Corp.




(quar.)

__I

7-16

7-

75c

8-

4%

$2.50
15c
45c

$1.18%
20c

8-

9

9-

1

8-16

7-16
8-13
8-

6

Ry.

guaranteed

7%

Canada.

American

Aggregates,

5%

preferred

American

6-22

8-13

7-23

7-12

7-

6

preferred
com.

$3

com.

-

4'/2%

7-17

(quar.)

50c

8-

(quar.)

50c

8-25

Insurance

$1.25
Co.

(quar.)
dividend (approved by stockholders
special meeting held on July 6).

50c

2

109-

1

1

7-

9

preferred

(1947

9- 1

8-13

9-

1

8-13

9-

1

8-13

9-

1

7-30

8-

2

6-25

7-15

6-17

4oc

20%

7-27

Co.,

2

7-

8

8-

2

7-

8

2

7-8

93 %C

8-

»■'

20c

2

8-

1

7-6
,

7-20

'

'8-2

7-16

...7-26

7-12

7-30

7-20

$1.12y2

(quar.)

7-30

7-20

-,

$1.50

7-15

6-30

$1.50

common

Barber-Ellis of

9-30

1-14-55

12-31

8-

3

7- 9

25C

8-

2

8-

2

7-15

7-15

6-30

20c

...

pfd. (quar.)
5% pfd. (quar.)

Co..

10-15

$1.50

:

9-

7

7-

1

2

6-3a

$1.50

8-

2

6-30

55c

7-15

6-18

$$1.75

7-15

6-30

15c

(Calif.)

Body

Co.

(s-a)

A

$3

prior

$6

9-

1

8-

4

7-

1

8-

2

7-16

12 %c

8-. 2

7-22

50c

8-

7-15

15c

7-15

7-

75c

1st

8-

2

7-20

(quar.)

2

$1.50

Belleterre Quebec
Iron

Benjamin

(Increased)

Co. of

Mines,

Works

Best Foods

Co.

Inc.

$1

A

common

preferred
Inc.

(quar.)

Briggs

6-15

9-15

8rl6

8-

2

8-

2

1-

8-

2

7-15

8-

3

7-

2

8-

3

7-

2

7-16
2

7-15

6-17
6-17

5c

8-

5

7-2Q

40c

8-

2

7-

20c

8-13

7-31

75c

9-30

9-18

—

(quar.)

—

(quar.)

15c

(quar.)

9

1

8-21

15c

Edison

Mfg.

.

6-3Q

7-15

11-30

11-19

50c

Co.,

Bridgeport

9

1

*7-15

tlOc

class A (quar.)
(George W.) Corp.
(quar.)

Boston

9

$25c

Quarterly
Ami

2-

50c

(quar.)
common

8-

20c

(quar.)

Co.

7-2Q

11-10

$6

(quar.)

Tobacco,

1

50c

(quar.)

Ltd.,

Co.

W.)

Bros.

Blue Bell,
Bon

8-

$1

Hats,

Oil

(E.

1

5c

.

(s-a)

(quar.)_

preferred

Bishop

3-

$50c

Ltd.

Hotel

1

$1

(quar.)

(quar.)

Franklin

Watch

Canada

1

12-

15c

Corp.

2

9-

15c

Aircraft

8-

15c

—

(quar.)

Quarterly

Bell Telephone

7- 5

Inc.—

preferred (quaf.)
Belknap Hardware & Mfg.
,«

7-15
8-16
-

7-15

15c

Corp.

preferred

6

16 %c

(quar.)
(increased quar.)

Apartments,

8-

$75c
(quar.)—_

Corp.

Corp.

8-25

Co., Ltd.—
:—

Terrilinal

Beaux-Arts

6-30

7-26

30C

(quar.)

Petroleum

6-30

7-15

3c

—

(monthly)

7-15

5c

3c

Co.

Bathurst Power & Paper

•

-

Canada, Ltd.

Monthly

Baystate

1

7-20
8-

45c

-

—

Oil

Class

10-

$1.25

7-15

$4

—

(quar.)

7%

Batavia

J

62 %c

Bankers Securities Corp., com. (accum.)
6%
participating pfd. (s-a)
Bankers Trust Co. (N. Y.)
(quar.)

Borg

8-15

8-

$1.121/2

$2.50

Hvdro-Electric

Banner

Bostitch, Inc.,

7-12

.-

56y4c

(quar.)

series)

Bangor & Aroostook RR.,

8-

9-15

6-25

$1.31 V*

v

30c

Corp. (quar.).
(increased quar.)_

Co.

Transit

7-15
4

8-20

-

Rubber

Baltimore

6%

Stock
at

(quar.)
preferred
(ciuar.)_^—

Co.—

Baldwin

Bloch

1

6-25

1

9-

$1

Baldwin-Lima-Hamilton

8-6

7-16

7-15

7-15

37 %C

preferred (quar.)

9-15

8-

5c

6-25

$1.25

6%

1

12y2c

7-15

.

25c

1

Bliss

(quar.)_

7-14

$1.50

(quar.)_

preferred (quar.)
preferred (quar.)

9-1

8-6

2

60c

Special

1

5

8-

56V4c

(s-a)

6%

Biltmore

9-

8-

1V2 %

I

(quar.)

(quar.)

preferred

7-23

$$1.32

S

1

$1.25

preferred

(L. S.),

8-20

10-

5

9-

—

12-20

$25c

5

8-

$1.08%

8-17

93%c

88-

2nd

9-10

Ltd.—

(quar.)

Automobile

1-3-55

1

9<

$1.08%

14c

(s-a)_

9-

1

10c

?

.

Electric Co., com.
preferred (quar.)

40c

(s-a)_

(quar.)

Inc

Corp.

9-15

7-30
7-30

.9-1

20c

Oil

preferred

Benrus

10-1

*

59c

dividend

2nd

Belmont

(Equal

(quar.)

Petroleum

7-10

6-30

7-20

$2.50

America,

Industries,

(quar.)

7- 6

6-30

1

9- 1

preferred

Bell

(s-a)

Amerada

1

2

of

(final)

preferred (quar.)
5y4%
2nd preferred (quar.)
Amalgamated Sugar, 5% preferred
Ambrook

7-20
8-

Co.

Fuel

9-

22y2c

6-29

net

1st

7-15

2

of

preferred

Aluminum
8-

6

10c

from

(quar.)

Co., Inc.,

Co.

8-

Youngstown RR.—

& Western

Control

Aluminum

$3

&

preferred

Allegheny

consid¬

be

7-15

8%

(quarterly

Corp.

Canton

8-20

8-1

100%

div)

U. Amer. dep. receipts
approximately $1.06)

Akron,

held

Radio

9-15

27 %c-

(accum.

income V

A.

preferred

2

8-

7-15

$15c

62V2C

1

9-10

€-30

27V2c

3-

1

7-20

7-15

(quar.)____

3-15-55

10-

1

(quar.)

.

Bay

9-10

8-11

8-

$$1.12%

1

1

6-10

$1.12%

(quar.)

com.

12-

10-

9

6-10

9

28c

(quar.)
Co.,

12-15

i30c

.

Aircraft

preferred

Service

$1.75

Alloys, Inc.—

preferred

Fund,

preferred

Bayway

(quar.)__

(stock

preferred

conv.

1

$12%c

7-

7-8

9-

15c

9-

Ltd.—

2

8-10
8-10

:

9-15

5c

conv.

Advisers^ Fund

6-30

7-10

$1.10

Refineries,

(quar.)

preferred

Acme

7-15

8-

A.

5%

>

9-

Sugar

8-

>

62'/2c

$1.75

/

6

8-10

30c

(quar.)

8-

7-15

7-

1

7-23

25%

(quar.)—

$1.75

(quar.)

class

Inc.

Bausch & Lomb Optical Co., com.
Baxter Laboratories Inc.,
(quar.)

2

9-

$25c

$1.75

(quar.)

Acedia-Atlantic

7-15
9-15

3-15-55

7-20

$56y4c

—

1

(quar.)

7-9

(final)

Ltd.

Basin

(quar.)

preferred

2

75c

Refining Co., 3.75% pfd. B (quar.)
Austin, Nichols & Co., Inc.—
*. ? •
$1.20 conv. preferred (quar.)
Avco Mfg. Corp., $2.25 conv. pfd.
(quar.)
Axe Houghton Fund "B," Inc.—
From, investment income
—«.

7-27

Common

Oil Co.,

7-15

1

7-20

8-

$15c

2

9-

2

Co

8-

9-15

8-

$1.25

preferred (s-a)
Bartgis Bros. Co. (quar.)

8-15

-7%

Cable

&

6-25

$1

4

50c

.

75c
*

8-

1

of R'O

25c

Extra

(quar.)__
not profits)

(quar.)

7-16

7-30

Holders

6-15

$2.25

7-30

75c

Common

1

7-30

When
Pavnble

tl2%c

com.

2

87V2c

„___

(quar.)

a

B

Industries Inc..

9-

30c

(quar.)

&

Paper

Co., Ltd. $1.50 pfd._
Above issue called for redemption on
July
30 at $25 per share plus dividend

1

Corp.—

A

&

8-

10-

given in the

Share

Name of Company

Abitibi

7%

—

week, these being

preceding table.

20c

(quar.)

meeting

5%

this

announced

7-15

Corp.—

(quar.)

Atlantic

7-15

we

Telegraph

(quar.)

$1.10

6%

(quar.)

&

Bottle

4.35%

Corp.—
8-31

7- 9
6-3Q

i2y2%

4V2%
Baldwin

9-20

Wire

A

Public

Ayres

27'/2c

8- 2

7-15

—

4.35%

2

basis.

$1.75

—

Kan.)

Cameras, Inc. (quar.)__
Ltd., com. (quar.)

4%

7-19

2

;

(Abilene,

Corp.,

5%

7-20

5

1

8-24

$1.25

Co.

Thermos

Common

8-10

15c

9-

1

9-

"

8-16

30c

$1.75

Atlantic City

7-12

" 9-10

12-10

9-24

Atchison, Topeka & Santa Fe Ry.—

7-14 1

2

12-20

25c

Corp.

(quar.)

preferred

6%

7-15

8-

9-10

—

9-3

7-30

1

9-20

$1.25

Sanitary

(quar.)

Telephone

Stock

6

j.

(quar.)
(increased

Service

preferred

Below

45c
50c

(quar.)

preferred

$5.04

6c

10-

9-

$1.25

4V2% preferred (quar.)_;
Arrow-Hart & Hegeman Electric Co. (quar.)
Associated Dry Goods Corp., common (quar.)
5.25% preferred (quar.).

7-26

7-

at a special meet¬
Aug. 6, on a director's
the common shares on

split

three-for-one

Common

$5

to

8-16

1

9-15

1

Corp. (quar.i
Aro Equipment Corp., com. (cash dividend)-

vote
on

preferred

preferred

Arkansas

7-16

7-15

inc.)

Pictures, Inc

Air

Lovett Grocery

1st

$2.36

7-16'

1

1

$1.18%

Smelting & Refining—

$2.50

7-30

183/4c

(quar.)

preferred

Ltd.

Winn

Wisconsin

invest,

2

1

9-

(quar.)

Standard

&

:

7-30

8-17

99-

9-15

(quar.)_
preferred (quar.)_

4%%

6-30

8-14

31'/4c

(quar.)__

$75c

Y.)

(N.

4»/4%

Amulet Mines.

&

(quar.)

(quar.)

U. S.

Warner

(quar.)

$1.25 pfd.
Investments, Ltd.—

t$1.75

dividend)

Corp.,

I.)

t40c

(accum.)

class

Mines, Ltd.—

Products Co.,

Fuel

$3.75

Co.,

(H.

Bank

United

Ltd.—

130c

meeting

next

pref.

40c
31'/4c

9-15
9-15

$i

Ltd.—

preferred

Radiator

7-16

50c

1

non-cum.

Arizona

7-15

7-25

1

9-10

27.

$3

(quar.)__^

Inc. (quar.)__
Industries, Inc. (quar.)

6%

8-25

$1.25

Light—

distribution

(stock

Consolidated

7-15

1

(quar.)

Argus

6-18

7-30

7-15

25c

■

Co.

1

Refrigerating Co.—

Maytag Co.,

7-10

10c

Common

(quar.)
_

common

action

Chemical

$1.75

10c

7-20

8-

8-31

7-12

preferred

(quar.)

12-

7-30

50c

preferred

Argus

7-15

7-19

7-12

%

pfd.

Wells Corp., common
preferred (quar.)__.

United

7-19

•

2

8

7%

3

9

8-

2

Manhattan

3

5-

7-

8-

8-

July

3

9-

3

8-

a

9-

,U.. 9-30

12-

20c

(quar.i

the

9-30

31 Vic

,

2

$1.24

but

3

1-

Co.—

at

9-

dends

$1.04

ment,

7-20

9-30

2

(quar.)

on

7-31

5c

8-

(quar.)

ered

19c

(■'

7-21

J25c

Cement

no

7-20

;

I

12-15

.

Ansonia Wire & Cable Co.
(quar.)
Appalachian Electric Power—
4%%
preferred (quar.)

7-14

(quar.)

(quar.)___

Process,

'

non-cum.

5%

9-10

2

38%c

preferred

1

7-30
8-

6c

8-16

4.96preferred

took

10-

$25c

1

4.16%

29

31J/4c

(quar.)__

1

$1 75

Animal Trap Co. of America—

9-10

"A"

9-

'

President Lines,

Anheuser-Busch,

8-27

1

2

J15c

their

2

10-

8-31

$1.25

Printing Co., common-.
preferred (quar.i

Directors, at

10-

10c

•

8-

$1.50

(quar.)-

preferred

1

9-16

60c

(quar.)—

com.

(quar.)__

Trade

8-16

50c

(quar.)

Lincoln

Steel

7-

9-27

9-

8-31

1.12%

Portland

Lukens

7-15

$1

7- 2

9-15

12 %c

(reduced)

Bonus

1

give the dividends announced in previous
weeks and not yet paid. The list does not include
divi¬

fl5c

&

9-

7-15

________—

Anglo-Iranian

8-26

9-15

8-

7-15

a$0.129

(quar.)

Rhode Island—

(quar.i

Power

9-10

25c

$1.75

—___

4%%
preferred (quar.)
Anglo-Huronian, Ltd. (s-a)_

9-15

40c

7-15

(quar.)

Class

8-16

62'/2c

2

Anglo-Canadian Telephone Co.—

8-13

>

1

30c

'

preferred

7

9-

$3

Industries,

Tel.

9-

9-30

$25c

8-

(quar.)

Anaconda

8-13

120c
—

(quar.)

Corp.,

common

Franklin

7

7-15

Zinc, Lead & Smelting Co.—
$5 prior preferred (quar.)

7-20

9-

6-18

2

American

9-15

1

$1.50

.

(quar.i

&

Corp.,

A
B

Telephone
Quarterly

9-13

1

8-

60c

(quar.)

7-22

8-

1

10-

7-31

9-15

12 %c

(quar.)

Lehigh

5%

10-

10-

7-15
8-

——

Corp.

American

7-16

60c

7-31

3

15c

preferred A (quar.)
$4.75 preferred B (quar.)

5%'

7-15

8-23

■

8-

50c

Potash & Chemical—

American

9-3

15c

7-^5

12 %c

common

preferred

Louisiana

2

$1

(quar.)

(s-a)

B

Co.

convertible

Treesweet

8-H)

8-

9-13

12'/2c

(quar.)

(quar.)___

7-15

1

12%c

A

Tel.

1

9-

25c

(quar.)

preferred

7-15

8-

(quar.)

______

Co.

8-20

a>

(quar.)

(bi-monthly)

Phenolic

American

3

7-30

,

100%

RR

preferred

8-16

7-26

9-

25c

8-16

9-15

$40c

—

9-15

30c

Power,
5% pref.

preferred

&

Acceptance

Thompson

8-16

35c

Milling
Co.,
(quar.)
7 7r
preferred (quar.)
Laurentide Acceptance Corp., Ltd.—

$3.50

1

9-13

$3

Co

RR.

Co.

(quar.)—

7%

7

Technicolor,

7-21

9-

7-

8-31

Texas

7-21

4

75c

Common

Lincoln

.

7-20

4

8-

10c

Kobacker Stores. In". (cnmr.)
Lake
of
the
Woods

Class

1

8-

-

$1.25

(quar.)__

preferred (quar.)
Kalamazoo Vegetable Parchment Co.

$1.20

Line

Western

4V4%

5%

8-

15c

$5c

$1.60

Investors Trust Co. of

Inc.,

Ry.

common

$1.25

7-20

$1.50

(quar.)

preferred

Fran

H

Common

the

Engineering Corp. (quar.)

preferred

Sullivan

7-20

1

62 %c

u-S

Inc._

Corp., common
preferred (quar.)—

class

1

55c

&

Imperial Chemical

50c

8-

8-

dividend)

Struthers

7-19

2

7-14
9-15

60c

Schenectady

7-20

37 %C

preferred

Amer.

7-15

15c

common (quar.)—
(quar.)—_—

7-20

2

(quar.)__

com.

5%

6-30

15c

Quarterly

Ohio— •

Interchemical

5%

8-

8-1
7i-15

87V2c

preferred

6-30

15c
—

Hussmann Refrigerator Co. (quar.)
Ingersol'-Rand Co., common (quar.)
preferred

Co.,

Co.,

•

8

7-15

7-20

(quar.)
&

Fire Insurance

(quar.)_———

American

Southern Fire & Casualty (Knoxville, Tenn.)—

2

37 %c

—

(quar.)__—

$4

Jantzen,

7-

8-

24c

A

Corp.—
(quar.)

Inc.,

O.)

Southern

7-15

2

8-16

20c

class

Ltd

Lighting

"B"

2

8-

$1.12%

$4

7-15

40c

common

5%

Products
A

Tobacco,

$1.25

8

17 %c

.——

Houston

4Vu%

8-

7-

7-15

20c

—

(quar.)

6%

7-15

8-2
8-16

10c

(quar.)

preference

Roebuck

7%

7-16

—

of

Fund,

J.)

Little

A

Sonotone

7-20

2

3iy4c

25c

common

8-

(Chicago)

(quar.)_.

News

American

Ltd.,

7-17

8-

7-15

32%c

from

6-30

35c

Ltd.

preferred

7%

Loan

-

8-18

8-25

7-31

20c

Higbie Mfg., 5% conv. pfd.
Home (Joseph! Co. (quar.)

pref.

1

5c

(quar.)

Mutual

preferred

5%

9-

30c

;

common

Telephone Co.

preferred

Foods,

9-15

-

2

.___

permit

7-15

9

$1.25

Gas Co.,

Class

7-14

i

a

$1.25

(quar.)

Class

7-15

8-

preferred

American

7-15

(quar.)

preferred

(R.

(J.

5%

7-16

50c

—

(quar.)

Gurney Products, Ltd.,

Hunt

8-16

2

2

50c

(stock

6-30

1

Motorists Insurance Co.

American

Fibre—

Co.

2

5%

Shirriff's,

;

8-

8-

.

Securities

5

(quar.)__

Goodyear Tire & Rubber Co., com.
'$5
preferred (quar.)__

7%

8-

.j__—

(quar.)

(quar.)

Mines,

8-15

10c i

(quar.)__

preferred

Shares,

Corp.

1st

Louis-San

Sears,

5

$ 12 % c

Co.. common (quar.)
preferred A (quar.)__
preferred
(ouar.)— -ji—-Li-iif—

Hercules Steel

8-

7'/2c

(reduced!

<fc

Hallnor

8-15

8c

4J/2%

Kleiser

Guardian

1

7- 8

7-30

(quar.)

$1.55
10c

$1.50

$2.20

1

9-

7-15

20c

(quar.)

7-15

(quar.)

com.

7%

8

31'/4c

Co.

7-

97 %c

r/o

1

7-

$1.25

(quar.)

obtaining

Air

Inc.

_____

(Bahamas)

9-

9-15

7-

37'/2c

(quar.)___.

of America,

&

7-14

9-15

c

7-10
7-15

(quar.)____—

.

7-23

American Paper Goods

7-15

15c

(quar.)____u_r______

common

Co.,

Nationaf

7-14

Foundry—

Co.,

preferred

American

7-15

7-15

2

15c

(quar.)

Mfg.

Cement

Saratoga

7-14

8-

50c

93%

.—

(quar.)

General

4

7-28

$2

Co

preferred

St.

6-30

8-2
8-

8-2

_________

Signature

Ltd.

Ltd.

Brewing,

Gamble-Skogmo,

Ross

7-20

10c

——

(qu°r.)____——~—:—.

Corp.,

Stores

2
2

6%

7-15

50c

(s-a)

(quar.)_

Bottling

Salt

to

Seaboard
8-

2

Corp. Commission)

Robinson

8-12

8-

f)

Chemical

Reynolds

8-12

1

8-

25c

(quar.)_
(s

Metal

American

Mfg. Co., $2.40 pfd. (quar.)
Resistoflex, 5% conv. preferred (quar.)_—

6-30

1

10c

(quar.)

$6

7-30

9-

4% %

2

2

$1.50

(quar.)

American Natural

25c

Raytheon

Y.)—

quar.)___———

Mines,

Bros.

$3.50

6-30

9-

$3

.

Foster

5%

7-15

25c

(quar.)

(N.

Y

Fate-Root-Heath

Gale

6

75c

Farrington Mfg., common
, Class
A (quar.)

Franklin

6

7-

6

American

1)

(quar.)

Co.

5%

preferred

3

8-

6c

(quar.).

(quar.)

Electric

Corp.,

common

Corp.

Cass

—.*•;

—:

Foundation

7-

7-

Radio

9-14

7-15

&

preferred

Non-voting

7-20

9-30

5%

American

i

Coca-Cola

Common

(quar.)

A

1st

Voting

i

Elgin Sweeper Co
Employers Group Associates (q*ar.)_
Inc. (reduced quar.)

&

8-14

5%

Public Service Co.—

$1.30

Penobscot

7-30

8-13

$2

Co.

July

&

710-

20c

pfd

non-cum

preferred (quar.)
preferred (quar.)

American-Marietta

pref. stock
on

A

com.

Lighting Corp.

V

9

$7."

Eversharp,
Falstaff

7-

7-15

6%

7-15

10-15

(monthlyF

Corp.

3.90%

•

Pennsylvania

7-19

2

7-31

Co.,

Pennsylvania Gas Co.

Inc.—

(increased

preferred

Farmer

8-

7-31

5c

Pacific

7-19

87 %c

common

class

Pacific

7-12

2

8-

$1.50

.____

Shoe Co.

Gas

Finance

State

(quar.)

N.

preferred

Ecuadorian

7-20

7-17.

(quar.)

(Subject

(quar.)

(quar.)

Cirp.

Sullivan

7-16

10c

Trust

Common

East

7-15

>

_

Co.,

Chemical

preferred
$1.25 preferred

Co.—

Dumont Airplane & Murine
30c

2

8-2

—

$1.25

(20c

(Toronto)—

held

_'

(quar.)

Oklahoma

7-23

75c

Industries

3%%

1

8-10

7-17

5c

B

Class B

non¬

(s-a)

Assn.

Engineering,

Permanente

of

stock

the 4.60%

on

meeting

Extra

7-23

$5

pfd.

at

$15c

8-

2

37y2c

Northwestern Fire & Marine Insurance

2

3

8-13

8-

(quar.)

Noxzema

8-

9-

9-15

20c

7-12

2

10-1

$75c

7-31

8-

3

Extra

Class

2

7-

Machine

9-

$1.12'/2

7-31

7-28

American

9-3

.___

8-15

7-21

Ice Co.,

1

7-22

3

12 %c

Products

American

10-1

7-22

8-

Fla.)—
12 %c

Home

7-20

10-

(quar.)

8-15

$1.06%

;

—

Common

8-

Louis

St.

—

Bank

Bros,

Discount

7-20

7-20

$2

______

Laboratories

Dresser

2

2

35c

(quar.)

Exchange

88-

8-10

action

no

Northwest

Panama

(quar.)—.—

Varnish

&

8-25

$1

—_

&

common

preferred

prior pref.

9-10

•

heldi

preferred.—.

Cook

$3

Co.,

Life

payment

40c

—

(quar.)

Chicago

share

Frosted

partic.

took

8-31

Nunn-Bush

(quar.)

(quar.)

(extra)

Confederation

8-31

1

Pacific

Commission)

(quar.)

Ice

1

$1

4%

Redeemable

preferred

Collins

1010-

(Orlando,

6-25
6-25

8-16

50c

(quar.)

7-20
7-20

35c

Casualty

8-15

93%c

7-20

7-23

25c

7-15

Northwest

in-

from

—

Colgate-Palmolive

$10c

$17%c

&

2

25c

^

(quar.)

Distilling Co.
Fire

8-

Theatres

7-16

RR. of New Hampshire (quar.)
Airlines, Inc.—
(Directors for the third successive quarter

9

American

7-31

Northern

8-10

(subject to approval

common

each

7-20
7-

1

35c

—

for

par

2

7-20

American

6

American

(quar.)

com.

conv.'preferred

2

7-

$1.12V2

(quar.)

Corp.,

8-

7-30

______

series)

Ltd.

Illinois

9-

$4c

Corp.—

Cochrane Dunlop Hardware, Ltd.—
Class
A
stock
div.
<2
shares
•

8-

$1

(1949

Mines,

8-16

2

8-10

40c

(quar.)

Co.

7-19

8-

10%

(quar.)

(quar.)
Can

Payable of Rec.

*

Co.

Board

preferred

7-16

50c

tlOc

iaccum.1

preferred

assessable

$1.50

$1.25

(quar.)

Cincinnati

(s-a)

7-16

$8c

Commerce

conv.

Cleveland,
Ry.

(quarterly

Light Co.,

Co,

2

$1

i

Liquidationg)

Stores

8-

.

$1

(quar.)__——

Utility Corp.
< s-a I
& Elgin Ry. Co.—

Aurora

(Initfal

50c

-

(liquidating)

Inc.

common

preference

Central Power &

Northern

-

Securities

preference

Noranda

7-20

25c

iquar.)
—

Fund

income

7-20

15c

"

General

„$1.40

4%

—

(quar.)

vestment

of

(reduced)__

common

Estate

Central-Illinois

City

:•

•

Ltd.,

Foils,

Class A

Co.

2
2

10%

—

(quar.)

1

9-

8-

8-

<quar.)___

(quar.)—

Fisheries

Burgess-Manning

"

—-

(ouar.)

preferred

4%

—

dlv.)

1

50c

$1.25

Ltd.

(quar.i
Belding-Corticelli, Ltd., common
7%

(s-a)

i quar. )__—■•

5%

(quar.)

Broadcasting-Paramount

American

7-15

18c

(quar.)

American

7-15

Corp.—

(quar.)

8-

Eox

Common

7-15

2

$1.18%

(quar.)__

___

Gas

quar.)

85c

2
2

8-

62 %c

Co.

dividend

25c

&

(increased

88-

$1.20

Share

Book

American

Stock

20c

4%%ipfd.

50c

Corp., common
preferred <qu*yr:d
Anderson Clayton & Co.
(quar.)
Atlas Powder Co., 4%
conv. pfd.

7-30

:

Ctfs.._

Elec.

Corp.
(quar.)
_—__________
Equitable Assurance (N. Y.) (s-a)

5%

8-16

(quar.)

Fund

State

of Company

American

$1.12'ft-

________

<quar.)_J

Mills
Co.

Adams-Millis

v

1

$1.10

___________

50c

American Viscose

7-

(quar.)

preferred
preferred

American

.

pfd.

4.50%

Holders

7-1

7-15

50c

4.80%

Payable of Reo

7-15

$1

9- 8

Holders

When

Per
Name

American

9-22

12V2c

(reduced)

com.

Monday, July 12; 1954

.

Holders

Payable of Rec.

50c

(quar.)
Piping Co. (quar.)

New

_________—

Co.,

When

Share

'

,

,

(quar.)

Bakeries

Monongahela

(Buffalo

Corp.

Co.

:

preierred

Midwest

ously announced, but which have not yet reached their
payment date.

Abstract

Copper

Midland

grouped in two separate
all t^e dividends an¬

are

indicate

we

during the current week. Then we follow with
table in which we show the payments previ¬

nounced
a

first

the

In

tables.

1

Company

...

7-30

7-16

9-

(quar.)

Co.

(quar.)
Hydraulic Co.
(quar.)

37%c

7-16

7-

1

30c

7-15

7-

1

±

70c

8-

2

7-

9

40c

7-15

6-30

25c

class A

8-

7-16

po..

(Continued

on page

44)

2

2

Number 5341

Volume 180

(163)

The Commercial and Financial Chronicle

...

11

Stock Record «» New York Stock Exchange
WEEKLY VOLUME OF TRADING

DAILY RANGE OF PRICES

FOR EVERY LISTED ISSUE

YEARLY RANGE OF SALE PRICES
,^E

Jun

47% Jan
Jan

112

25

8 Vi Sep

14

99

Lowest

Highest
22

NEW

Range Since Jan. 1

Year 1953

39 y« Sep

LOW AND HIGH SALE PRICES

STOCKS

Range for Previous
Lowest

41% Jun

5

6% Jan

3

4%

Jan

7

115% Apr

20

6

liya Jan

19

5% Jan

23

8% July

5

Wednesday

Thursday

July 7

July 8

July 9

44%

111%
10%

10%
10%

10%
10%

*108%
10%

2.50

8%

8%

8%

'8%

6%

8%

8%

15
14

49% May 25

32

Jan

4

43% July

29

85 % Mar 18

73% Jan

8

93

Feb

19

20

Dec

31

26% Jan

6

20% Jan

4

22% Apr

13

4

Adams

Addressograph-Multigraph Corp__10
Admiral Corp
1
Affiliated Gas Equipment com
1
$3 preferred w w
50

25% Sep

14

2

27% Jan

23% Dec

29

36% Feb

25

24% Jan

4

35% May 12
29% Jun 29

Jun

16

59% Jan

27

58

5

80

18% Dec

31

32% Jan

6

18% May

5

21% Mar

3

7% Sep

14

10"% Mar

6

7% Jan

4

9% Apr

2

49% Sep
22% Oct

3

52

Nov

10

54 y8 Jun

25

8

29% Jan

8

48

35% Jan

114% Jan

101

Oct

15

150

Jun

3

2

Sep

3% Apr

11

Mar

49

1

July

Air

2

27% Jun

7

Feb

24

110

Jun

29

155% Feb

3

167

Jfcy

5

2y8Jan

5

4

3^^3r

25

14

16% Jun
70

12

81

4

4%%

15

Feb

15

89% Feb

9

14

130

Sep

15

152

5

145

78

Oct

9

81

Aug 24

80

Jan

6

25% Sep

15

39

Jan

28% Jan

4

35 % Apr

8

Jan

Sep

1

87% Sep
8% Oct

18

98

62

Sep

17,

Dec

24% Oct

Feb

104

91

6

157

Apr 27

97

104

May

4
92% Mar 11

4

-

May

8

10% Mar

3

8% Jan

15

76% Jan

2

72% Jan

8

29

22

Mar 25

28

33

Jan

Jan

26

8

18% Jan
33
47

37% Jan

Allied

6

Allied

18

Jun

35% Sep

21

40% Jan

87
Sep
41% Oct

22

94

Nov

4

90

Jan

96% Mar

4

14

59% Jan

2

45 ye Jan

59% July

9

86

Oct

8

118% Jan

2

40

Sep~14

3

4

58

De<*10

58% Jan

4

90% Jun

Jan

11

1% Jan

5

23

62

21

54% Jan

29

3% Mar 24

30% Dec

24

36 % Mar 24

28

Apr 23

35

16% Jun

29

19% Mar 18

19

Jan

11

24% Mar 29

148% Oct

14

47

20

3% Feb

16

Feb

16

Jan

4

197

May 24

57

Jan

7

73

May 26

Amer

8

liy2Jan

4

14 y8

July

American

70% Dec

29

4

70% Jan

82% July

4

26% Mar 16

3%%

2

4%%

4

23% Jun

16

62 y2 Jun

18

9

6%

Jan

6

Jan

4

12% Jan

29

Jan

4

11% July

7

Feb

26

37% Jan

4

46

y4 July

7

21

40% Jan

27

31

Jun

30

41

Sep

17

103 % Feb

20

96

Jun

15

; 12% Sep

15

15% Mar 19

14% Jan

13% Sep

11

15% Mar 20

15

Jun

50

12

59

6% Aug 31
Nov

34% Sep
91

47

2

35

2nd

5

4%

12

11

15

31% Feb

9

16 y4 Jan

4

1

16% Jun

Feb

3% Sep

15

4% Jan

11

35% Feb

23

6% May

27

Nov

40

17% Mar 31
17

17

Apr

18 y8 Apr

2

44 y8 Jan

4

46% Mar 10

27 y4 Jan

4

34

24

51

21

11

22

Jan

5

28

Apr

6

91

Jan

4

93

July

55% Jan

39% Jan

6

5

30

8% Jan

125% Apr

21

133% Apr

30

108 y4

31% Jan

7

7

.

7.

48% Apr

105% Jun

Jan

151

43% Mar 25

26

8

2
15

July

9

46 V4 Mar

16

14

31% Jan

20

26% Jan

32% May 28

2

17% Feb

4

13 y8 Jan

15

19

11

May 25

8% Jan

18

35

Dec

9

67

27% Jan

31

Feb

11

Mar

24

39% May 27

26

Jan

28

31

15

48 % Dec

29

44% Jan

20

57 % May

6% Jan

23

8% Dec

31

Nov

6

36

Jan

9

16% Sep

15

21% Sep

16

Jun

25

99

94

22% Jan

15

25% Mar 18
104 % Dec

4

Mar 18

7% May 17

1-3

Jun

5
28

14

100

Jun

25

92

Jan

17% Jan

4

23 y8 Jan

12

100% Jan

19

22% July

7

25% Mar 31
107

Apr

21

& Leather com

5%%

Locomotive

12

86% Dec

31

84% Jan

4

19% Feb

2

17% Jan

11

26% July

6

Amer

8

26 % Feb

27

19% Jan

11

28% Jun

21

Amer

94% Jun

23

105% Feb

9

Feb

13% Sep

15

18% Feb

2

American

5%%

31%

Jun" 18

42

Dec

37

39% Jan

Mar 27

15

15% May

20% Dec

31

29% Jan

5

39% Mar 24

28% Sep

16

36% Jan 30

21

15% Feb

13% Jan

148

Jun

11

171% Feb

6

£

Jan

2

8% Jun

6

34% Jan

12% Sep

12

32% Jan

4

169

25% Sep

14

44

Jar.

6

27% Jan

4

159% Jan

5

144% Jan

30

127

27% Sep

21

36

Mar 20

26% Jan

4

Feb

C8

Feb

2

47% Nov 24

44% Jan

5

49

Sep

15

58

50

12

Apr

Jan

4

14

134

19

121% Jan

8

14

16% July 30
161% Jan
5

10% Feb

25

152% Jun

19

59% Dec

23

128% Dec

24

35% Oct

22

111% Dec

4

9

»7r

n

9

May 12
Feb

77% Aug

156

60% Jan

5

Jan

7

10% Feb

170

28

10

30% Apr
113% Jan

19

2

9% July

37% Feb

15
5

27% Jan

2

4

94% Dec

17

71% May

4

93

11

89% Dec

17

66

3

95% Feb

11% Sep

14

21% Jan

5

12% Jan

4

68-

21

97

Jan

6

73

Jan

28

Sep
Dec

29

15

57

29

Jan

4

45% Jan

30

4

July

Natural

American

News

25% Aug 27
Jr.:

25

31% Dec
106 % Mar

30

Jan

5

100

Jan

6

.

Feb

r

footnotes




see

48%

46 %

47%

%

44%

44%

44%

45%

1,800

33 Va

34 %

33%

34

2,300

60%

60%

61

60 %

61%

61%

62%

2,000

21%

21

21%

21%

21%

1,100

8

21%

21

26%

26%

*26%

92

93

*91%

92%

30

46%

45%

46%

45%

46

46%

47%

36,400

39%

107 Va

107%

*39%
9 Va

*30%

32

*30%

Tobacco

&

14% .14%

5,300

11%

11%

11%

11%

37'/a

36%

37%

28,600
11,200

65

65

65%

1,200

3%

1,900

14%

37%

36%

36%

36%

64%

64%

65

65

3

3

54%

3

3

American Viscose

29

*28%

54%

55%

X54%

55%

5,400

11%

11%

11%

2,200

11%

25%

25%

25%

26

28

*20%

21%

*20%

21%

*8%
11%
45
18%
36%
51%

8%
11%
45%
18%
36
51

8%
11%
45%
19
36%
52%
18%

51
36%
37%
xl60% 161
37%
37%
*120
120%
30
30%
51

51

1

96%

100

25%

25%

26%

10,700

26

26%

27%

28
106

*105

16%

16%
21%

*20

89

4,400

26%

8,200

28
106

2,700

17

21%

18%

18%

3,400

36%

6,100

50 Va

50%

4,300

18%

18%

18%

18%

2,800

*175%

176 %

175%

176%

7

Nopar

53%

53%

53

39%

>
i

——i

i ii

i

36%

36%

11,000

160%

160 Va

750

37%

35% 35%
*102
103
■

790

36%

160%

Corp—

35% 36%
102
102

51%

51%

♦119

17%
88%
40%
53%

88%

5,000

29

51

36%

70

mmmmrnmmmi

/

4,200

7%

28%

51%

9%
26%
21
81%

17%

7

7%
29%

28%

161

38

120

1

r

,

900

38

,119

38

121%

'

60
t

29%

30

30

30 Va

.5,500

50%

51%

51 %

51%

2,100

57 Va

2,200

57

128%

57

129

57

128%

14%

14%

14%

167%

168%

168 Va

1,070

129

14%

900

169 Va

38,500

t

;
t

60,800

57 Va

57%

57%

57%

122%

9%
26%
20%
81
69%

18%
88%
39%

17%

2,700

36 Va

123

X88
38%

17,400

46

18%

35% 36%
*116% 117%

81
70

11%

45%

50

122

9%
26 %
21

200

11%

50%

14%
14%
167% 168%
56% 57"%.

124

8%

11%
45%
36%

51%
57%
128%

51%
57

52

8%

18%

128

9%
26 %
20%
80%

V

'

*88

36

18%
36%
52

37%
37%
120
120
29%
30'%

36% 36%
117
117

com—5

6.25
Nopar

89

8,100

11%

123

100

-

*96 Va

45%

8%
11%
45"%

50

preferred

96%

8%

*8%

14%
14%
167% 167%
55%
56%

series

& Cable

♦20

56% 58%
128% 129%

5
100

preferred

16%

18%
18%
*175% 176%
77%
28% 29
*51
51%
36% 37
160% 161

18%
*175% 176%
7
7%
28%
28%

com„ 100

Copper Mining

27%
*105

106

*104%

25

$4

15%

107%

■

Co—No par

—

|

106

y

1
5

Corp com

!

26

26%

27%

2

25

Hocking Glass

25%
*88

89

*88

89

1,400

24%

107%

96%

25%

700

14%

96%

*88

22%

24%

96%

*96%

10

100

*106%

25

*96%

20

Co

*98%
*22 Va

15

*69%

Common

22%

14%

15

16%

preferred

prior conv

100

24%

100
25
100

preferred
6%

21%

100

29

30

55%

54%

55

3

3%

30

*29

30

14%

*106 %

common

1,700

32

14%

♦29

.

1,200

9%

11%

16%

—

*30%

39%

11%

3

—Nopar

Tel

Tel

preferred

9%

9Va
32

8,500

108%

14

36%

Day

100

American

39

11%

16%

Sumatra Tobacco

107%

133

14%

16%

Co—

*127

39%

9%

9%

9%

130

40%

39%

32

'/a

107%

107

107%

*125

130

*125

130

*104%

preferred

400

27

26%
93

64%

Independence

Rad & Std Sany

Anaconda Wire

37% May 17
106

47

44

11%

Optical Co
No par
Amer Potash & Chem cl B—Nopar

i

F

Gas

5,900

33%

26%

Co_

500

5%

48%

28

com

5%

5%

5%

18

14

CLOSED

American

Anchor

94

17 %

18

44%

26%

preferred

28,500

,16%

*16%

18

33

26%

Corp

Motors

Anaconda

55 % Jun

16%

17

26%

*30%

STOCK

EXCHANGE

'

American

$5

Jun

40 %

17

18

44%

48

$4 conv prior preference
Nopar
Amer Zinc Lead & Smelt com
1

19% Jun
89

16%

33%

No par

com

Products

Metal

convertible

American

7%

Feb

29% Jan

45% Feb 26

*3% Sep

May

•

17

——100

Ltd

preferred

Preferred

22% Jun

11

500

93

9%

25
American Woolen common—Nopar

Sep

*96%

98

15 %

27

Sep

4*000

97%

24%

9

May

500

33%

107%

American Water Works Co

17

46%

32 %

*16%

16%

No par

& Metals

Co

American Molasses Co

5%

11%

46 y4

24%

10% Mar

57

15% Jan

4% %

6%

11 Va

32%

*106%

120% Mar

-

97%

11%
47

15%

4

59

13%

Metal

American

Jun

65% Jan

138% Feb

25% Feb

<ep~Io

4

1

July

preferred

Machine

American

16% Jun

22

55

121

3.90%

7%

Jun

Jun

3

143% Oct 27
119

Jan

58% July
134

32%

24%

Stores

2

124% Mar 18

19,800

11

*46

107%

Sugar Refining

38% May 21

22

190

14%

American

Mar 31

62%

24%

American

37% Jun
3
164
May 28

118% Jun

36

40% Aug 10

117% Dec

4

May 24

*61%

*106%

Jun

57

13

1,900

62%

1

53

29% May 20

42% Jan

120% Sep

7

24

23%

22%

1

May 18

May 10

7% Jun

6% Jan

20

102

11,900

39%

1

32

19

22% Feb

30

common

7%

Amer

23

*61 %

98

106%

common—5
1% preferred
100
American Safety Razor
5
American Seating Co
—
10
American Ship Building Co—Nopar
Amer Smelt & Refg com
Nopar
7% preferred
1-100
American Snuff Co common
25
6% noncumulative preferred—100
American Steel Foundries——No par

177

Jan

29

23

65% Jan

18

23

24 y4 Nov 30

6

25

Feb

18% Apr

15

Jun

24

52% Jun

16% July

35% Dec

18

37% July 2

41% Dec
136

8% Jun

102 I

22%

27

*125

I

14% May 12
47% May
5

2,300

29 %

29%
102

100
7
100

of 111

preferred

prior

16

4

29%

29%
♦100%

100

Investment Co

American

18% Jun

5

1,700

*22

15% Sep

May

52,300

14 Va
82

•98%

9

7% Jan

600

72

14

12

27% Apr

11

72

82

22%

24

22

2,700

14Va

98%

21% Feb

7% Jun

178

81%

11%

24% Mar 16

14

200

177%

72%

32%

98

22

13%

61%
11%
46%

32

100

*21%

177%

21%

18

Sep

600

22

98 %

31

7

34,100

2%

33%

12

19% Sep
79% Jan

23

69%

2%
33%

100

93% Dec

Feb

61%
11%
46

68

2%
34 Va

22%

62
11%
46
32
98

69%

80%

82
29%

22%

7,500

*71%

101%: 101 %

22%

2,100

*2%

14%

81%
29

1,200

58

87%

11%

preferred
;
Amer Mach & Fdry common

17% Jan

108 %

57 %
87 %

*21%

3

22

107%

57%
88

*98%

3

7

108

No par

Ice Co common

Jun

4

300

noncumulative preferred—100

American

98

Jani

21,000

American International Corp_No par

16 Va Jun

15

100

59%

58%

176 %

178%
72

13%

"■

95%

117%

95%

95%

93

45%

1

6

24
27

6,900

*26%

50

convertible preferred
Home Products

American

4

19% Apr

*21

40c

12% Jan

107

46 Vs

*92

Secur—Nopar

European

Export Lines Inc

85 y4 Jan

100y2 Jan 20

60%

&

18% Mar 26

1

45%

*21%

22

47%

47

44%

1

100% Mar 17

Mar

45%

58%

5%

10

23

92

1,400

66%

5%

*33

200

17
33

*31

5%

No par

American

12% Dec

*

17

32%

117%

;

5%

No par

Encaustic Tiling

American

6%

(

17
33

56%

1

16

,

Crystal

American

6%

1,500

13,200

119

17%

American Hide

36% Jun

9%

93%

87%

17%

16

26% Dec

28

2% Jun

9%

107%

16%

23

Aug
3
5% Mar 25

57

29

Jan

"io

'

*116%

*16%

37/a Feb

37% Mar 11

33% Jan

2% Dec

48

93

90%

58

16%

68 % Apr

6

6,500

33%

101%

93

9%

*95

17%

Foreign Power—No par
American Gas & Electric Co—_—5
American Hawaiian SS Co
10

11% July

33

45%

16%

;

;

prior

American

Feb

Oct

8

100

12,200

33

17%

-

Sugar com
10
preferred
100
American Cyanamid Co com
10
3%% conv preferred series B_100
3%% conv preferred series C_10o
American Distilling Co
20
4%%

American

12% Nov

26

16%

77%
3%
3%
*145
148
*84
85%

90%

*16%

*16%

.

25
Cable

Colortype Co

American

9% May 13

Jan

4

12.50

common

American

20% Jun

10

Co

Can

preferred

23% Feb 10

17

25% May 27
96% Mar 4

20

1,300

9%

1

Radio Corp

&

9

62% July

23% Dec

15

*11

common

Co

4

28% Sep
67/e Jun

Cable

Chicle

48% Jan

200

2,300

88%

20

American

18

117% Jun

*97%

common

&

Dec

6

Inc

interej* in

of

Chain

9

41% Jun

100

preferred

American

2

May

31 %

11,400

Broadcasting-Paramount

Theatres

7%

i

.

No par

com

preferred

9

July

3

Sep

90

Corp

convertible

American

9

26

44% Apr
16% Jan

46

29

49 y4 Jun

45 y8 Nov

14

50

Bosch

American

40,% Apr 23
Sep

50
2

preferred

5

5 % Mar

26

34% Jan

common

preferred 1952 ser 5%%

common——10

Note

96

600

5,200

-

2%
34

176
71

29
29%
*101% 103%

100

22%
62
11

Ctfs

5%

100

pfd

Amer Brake Shoe Co

Amer

4
12

Jan

*21%

1

*93

200

12,300

2%

2%
16%
77%

*100

103

3,900

34%
34%
28%
28%
*79%
81
21%
21%
8'/a
8%
*53% 53%
25%
26%
*109% 110
*165
167

33%

32%

88%
66%

87%

21% 21%
176
177
72
72
13%
14
82
82%

com—No par

Co

conv

Bank

American

Mar 15

104% Mar

cum

108
57

85%

*84

♦100

46%
95%
58%
117
108%
57

64%
*2%
*31

No par

77%
77%
3%
3%
3%
148
♦145
*145
148 • .
3%

33

117

43

2 %;
2%:
16%
16%

2%
2%
16%
16%
*77
*77

17

32%
45%
*95
58 %

65%
2%
34Va

2%
*31

Chemical_No par

Bakeries

American

56

2

24

16% Jan

20% Feb

102% Jun

*16%

17

64

1

1

91%

90

92 Va

29%
29%
80
78
80
21
21%
21
21%
8%
8%
8%
8%
♦53%
54%
*53%
54%
25%
25%
25%
25%
110
110
110
110
*165
167
*165
167

9%

9%

9%

90

preferred

conv

18

54
26
111

77%
77%
3%
3%
*145
149 ;'
*84
85%
32% 33%
*101
.101%
*93
96

88

Airlines common

American

29% May 19

Corp

21%
8%

167
2%
23%
16%
16%

No par

Agricultural

Feb

98

"

34%
34%

78

*165

1

Limited

Petroleum

166

6

7

„

No par

of America

Co

Amerada

5

15% Jan

8

Cement

1

75% Jan

17

20

preferred—_100
preferred—
100

i

32%
33
45%
46%
*95
95%
58%
58%
116% 116%
108 % 108%
56%
56%

1

100

(The)

189% Jan

Dec

91%
*16%

Mfg common

Amalgamated Sugar Co

2

84% Feb

No par

50

31

29% July

9%

1

Amalgamated Leather Co com
6% convertible preferred

11% Dec

99

100

Corp common—No par

conv

55% Nov

26% Sep 15
93% Aug 20
14% Nov
5

No par

convertible

Aluminium

9

69% July

Day

No par

Portland

Aluminum

42% Apr
41% Apr
1% Dec

165

2%
16%
77%
77%
3% - 3%
*145
149
*84%
85%
33%
33%
*100
103 .
*93
96

1

gtd

165

\ *110

2%
16%

par

Inc

26
110

5

Stores

Alpha

25

^

1

preferred

4.08%

9

July

.

.

100

Mills

3%%

6

108 % July

May 28

43% Jan

25%

Independence

5

new

Co

Allis-Chalmers

9

117% July

93 y4 Jan

103

52% Mav25

4%

:

10

Chemical & Dye

Allied Kid

4,100

110

CLOSED

preferred A

Industries

Allied

20

July

common

Allegheny & West Ry 6%

May 21
96% Jun 29

STOCK
EXCHANGE

100

$4,375 cum preferred

Allen

10

Mar

16

-

1

5,000

22

77
21%
8%
54

$4 prior preferred conv_—No
Alleghany Ludlum Steel Corp

Mar 31

97

6

6

Mar

92

22

76%
21
8%
*53%

preferred

5%%

91%

22
22

No par

Alleghany Corp common

Sep

92%
92%

Corp

&

Aldens Inc

Mar 16

4% Feb

3

43%
43 %

91%
91%
21%
21%
34%
34%
*28%
*28%

34%
*28%
*78
21%
8%
*53%
25%

Vicksburg Ry
Alaska Juneau Gold Mining

17% May 14

Jan

3y4 Jan

5% Mar 25

14

72

Feb~27

74

Aug 10

Alabama

42%
42%

34%
29%

100

23,900

43%

92
21%
34%
29%
80

33%
*28%

common—No par

43%

42%

1

Inc

8,400

21%

Co

pfd 1951 series

'8%

91%

.21%

Reduction

4.50%

3,200

92

89%

10

'

300

10%

43

100

Express

8,700

110

21%

41%

25

com

preferred

Co

Adams-Millis

7

22% Mar
104

Mar 11

160

Jan

Inc

non-cum

Shares

43%

*110
10%

Dec

7%

43

111%
10%

37/B Sep

ACF Industries

43%
110%
110%

*110%
10%

72

Acme Steel

42%

1

100

30% Sep

9

'44%

43%

44%

109%
109%

preferred

the Week

Friday

July 6

5

ABC Vending Corp
AFC-Brill Motors Co

7

Tuesday

July 5

Par

Laboratories

Abbott

8

9% Jan

106

29

10% July

49% Apr

29

Sales for

4

Monday

YORK STOCK

EXCHANGE

Highest

124%

124 Va

124%

1,670

35%

35%

1

21,000

35%

36

I

117%

116%

117%

220

»

117%
9%

9%

9%

9%

3,100

f

700

26%

26%

26%

26%

20

20%

20%

21

4,400

81

82%

82 %

82%

680

65%

74

73%

73%

2,350

17 Va

17%

3,100

17 Vs

17%

*87%

88%

39%

40%

53%

53%

35%
35% 35%
*102
103

35%

,

i

88 Va

70

39%

40%

63,300

53

53%

150

*88

1,600

35% 35%
*102
103

200

""

page 22.
-

*

/

t.

12

The Commercial and Financial Chronicle

(164)

Anderson Clayton

15

12

43 % Jan

4

52 V* Mar 29

Anderson-Prichard

15% Feb

26

8% Feb

23

12 V4 May 27

Andes

Jan

*7

2% Feb

11

40% Sep
Dec

29

2% Nov

24

8

39% Apr

33% Jan

6

Jan

57% May

Nov

Highest

5

3% Jun

A

29

P

Co

Products

300

24%

24%

4,500

47%

47'%

481/4

43%

43%

49'

9%

10 Va

9%

91%, 91%

91%

92

74%

33'A Jan

4

49% July

8

Armco

8% Apr

30

10% Feb

2

Armour

Sep

15

85% Apr

26

95% Feb

5

48% Feb

9

Jan

11

93 % Jan

No
Armstrong Cork Co com——No
$3.75 preferred ————No
$4 convertible preferred
No

89% Sep

24

102% Sep

21

117% Dec

23

114

Jan

16% May 28

19% Jan

2

16

Jan

149

13

5% Dec

30

10% Mar 26

5

14

32% Jan

6

21

11% Sep

15

Dec

14

29

22

15
89 % Sep
3
92% July
2
25% Sep 25

Mar 27

9

Arnold

26

Artloom

26

Arvin Industries

14% Apr

14

Ashland

23

4

26 JA Jan

18

4

24% July

Jan

Oil

2nd preferred $1.50

Associated

22% Mar 11

18% Sep

18% Jan

22

93% Jan

22

96

100

Jan

103

Apr

5.25%

28

102% Apr

6

6

Jan

13

Mar 25

31 Va Jan

4

41% July

5
13

92 % Jan

8

115 % July

9

54% Jan

4

59% Feb

5

30% Nov 30

29% Jan

13

34 %

6%

7

99% Apr
32

10%

10 %

9174

91%

par

74%

74 V2

74%

7474

"74%

74%

74 Va

par

"96 %

97V4

961/4

96%

96%

961/4

"96%

par

series—No par

STOCK
EXCHANGE

148% 148 %

17'%

"16%

147

*16%

149

"148

,

"16%

17%

1471/2

65,500
30,300
800

1,600

*16%

97

90

143

149

171/4

4

9%

350

17%

5%

5%

5%

5%

5%

22%

23

22%

22%

22

%

22%

22%

2274

1,000

Independence

12%

12%

12%

13

12%

12%

12%

12%

42,300

Day

24%

24%

247a

24%

24%

24%

24%

24%

2,200

24 Va

24%

24%

2474

24 Va

2414

2414

2474

5,300

5%

5%

CLOSED

1

—— _—

1st preferred

"5%

101

101

102

102%

102%

*1017a

102%

*10174

102%

4074

10

Investment Co

101

101

—100
100

preferred

2nd

Associates

7

10%

500

Dry Goods Corp—

Common

7

*3%

92%

Refining Co__—_1

&

48%

3%

9%

par

——5

Corp

*3%

91%

com——5

Illinois

Co Inc
No par
Inc—_——2.50

Carpet

Jan

9

46%

10

Corp—

prior preferred

11% Jun

27

—

Constable

15

6'A Jan

May 13

18% Mar 25

July

17% Feb

May 19

25% Sep

3

400

24%

Mar 25

2

11%

24%

12% Mar 26

Mar

*10%

25Va

93

74% July

11 1/4

24%

43% Jan

100

"10%

25%

15

6
14

107a

25 Va

14

57

10%

5

8'/8 Sep

7

10%

2,600

30% Sep

29

3,500

10%

3%

25% Jun

Jan

45%

371/4

4

97

1,500

45%

37

4

59% Dec

37%

45%

38

3.'/2

17% Jan

77

"37%

45%

37

32% Jan

of

"37%

45%
3%

9

Co

38%

441/4

37%

23% Mar 27

&

38'%

44%

"3%

52

Steel

38 %

37%

14

$6 conv

Shares

37%

3%

14

5

the Week

Friday
July 9

37%

Sep

Corp„_

Sales for

Thursday
JulyS

3%

Sep

Oil

PRICES

37 V4

16

Argo

SALE

July 7

—5

30

25

HIGH

Wednesday

——No par

38% Mar

Jan

Monday, July 12, 1954

44

—14

Inc—

Archer-Daniels-Midland

3

>

July 6

July 5

& Co
—21.80
Oil Corp
10

Mining—

Copper

W

Par

AND

Tuesday

Monday

STOCK

YORK

EXCHANGE

5

45

25
15

32

Lowest

Highest

Lowest

LOW

STOCKS
NEW

Range Since Jan. 1

Year 1953

.

.

Continued—Page 2

NEW YORK STOCK RECORD
Range for Previous

.

4074

4074

41 Va

40%

40%

11374

11274

1133|4

102

102%
*

102-/2

1017 a

IO2V2

40%

130
10

41

1,900

Atchison Topeka & Santa Fe—

14
50%Jun 23
25% Feb 18
86

Sep

88% July
83'A Dec

8
29

Nov

103

Jan

57 % Jan

97% Mar 25

92

Jan

5

85

Jan

4

121

58% Dec

16

21% Jun

2

27% Jan

4

28% Jun

16

30% Feb

31% Apr

24

36% Mar 27

34% Jan

4

94% July 16

108% Mar 18

103% Jan

8

15

4% Dec

99

27

Jan

22
2

95% Jan

4

35 %

July

7

Feb

12

16% Mar 13

15

Jan

20

17% Mar

9

16

May 26

4% Dec

18

8% Feb

36% Dec

29

5 2'A Feb

6

26

581/4

2,600

3374

34%

*98 %

IOOV4

*98%

100'A

*98%

10014

100%

IOOV4

100

U51/2

117%

117

121

119%

120%

118%

1201/4

5,500

23

*20%

*22

distribution

1,000

*20%

23

23

:

*20%

23

32%

33Va

32%

33%

327a

3374

9974

9874

99%

9 9 Va

99 Va

99

99

450

34

5

33%

9874

34%

347a

35%

35

35 Va

3474

35

7,200

43%

2,500

45

4474

120

*118%

4474

20

(voting)

Tack

Conv

No par

Corp

Nichols

Austin

9

:-

32%

10
100

B

*11%

21

Automatic

5% Jan

25

7

44

15,400

674

6%

674

674

*16

16%

*16

16%

474

4374

4374

1674

474

44%

*4374

16%

16'/a

5

4%

5

*16

1674

16%

1674

1674

Amer—5/

140

12%

($1.20)—No par
of

118

*11%

6%

Co

43
*116

12%

6

Canteen

119

*11%

6V8

Mfg Corp (The) common
3
$2.25 conv preferred
No par

44%

118

12%

*6

Avco

44 % Jun

4474
120

*111/4

12%

No par

common

prior pref

17% Jan

4

37% Jan

58

34

120

4

4% Jan

26

587a

34

convertible pfd series A—100

Atlas

Mar 26

16

7,400

58

34%-

Lines—

$3.75 series

Common

4%

6% July

5

115%

58

3374

No par

RR
I SS

W

113

58

3374

Powder—

10

Mar 24

17

10% May 28

112

58%

*33%

Atlas Corp

11

Jun

11374

*58

Co„

Refining common

Preferred

7

45% Jun
120

&

liquidating

Atlantic

17

100% Mar 30

4

Jan

29

9

7% Mar

17

15

Jan

tEx

26

36 Ve May

Gulf

Line

Coast

Atlas

28

Dec

13"% Jan

4%

111

10
100

——__■_——

City Electric
preferred

Atlantic

7

Feb

60

9

33% Jan

July

—50
——50

—,

Preferred

Atlantic

19

167/b Dec

Common

Atlantic

101 % Mar 29

2

119% Jan

14
89% July
1

49

25% Sep

July

5

*4374

44%

*16

.1.200

16 1/2

16%
4%
44%

1674
5

1,900
13,600

44%

500

B
1

Babbitt

9

Babcock & Wilcox Co

1

5% F«b

4

Baldwin-Lima-Hamilton

16

4% Jan

35% Jan

14

45% Dec 21

42"/b aan

7

Sep

14

11% Mar 26

8% Jan

11

lOVeJun

18% Dec

29

30% Mar 19

18% Jan

11

24 % Jun

23

Dec

29

48% Mar 25

39Va Jan

4

48

'A Jun

24

4

8

39

% Dec

7

22

Jan

62 'A

July

16

Dec

29

22% Mar 17

16% Jan

4

27

Jun

Jun

9

76% Mar 17

68

Feb

10

76

Jun

38

57

4%

29

May 14

Sep

14

59% Apr

43% Jan

4

11% Dec

29

17% Mar 12

11% July

1

37% Sep

15

39% Feb

18% Sep

18
14

11% Feb

34% May 20
93
Jun
5

42% Dec

4

112% Dec

7

Jan

4

124

July

90% July 28

100

Dec

9

99 % odil

6

107

Jun

3
6

88

34% May

5

39

20 % Jan

4

26% July

9% Jan

4

11% Jan

18

4

40% Jan
107

14% Dec

28

22 % Mar

9

13'A May

Dec

21

86% May

8

81

78
9

Sep

16% Mar 20

14

29

31

May 19

33% Jan

27

Feb

5

10% Dec

29

30% May 26
14
Mar 16

17% Sep

15

Oct

1

16
90

26% Feb

Jun

17
4

10 V„

Apr-14

35

Jan

34 l/e

Sep

3,500

50
100
_—10

2474

25%

25

24

24%

2,800

75

75%

75

75 Va

74%

74%

75%

7574

150

4874

49

48%

49

48%

48%

48 %

2,000

10

*11%

12

11%

12

1174

12

*1174

12

1,300

50

*35%

36

*35'/4

36

*35%

36

*35%

10
No par

26%

26%

267a

26%

267a

26%

2674

267 4

6,100

10%

10%

10'A

101/2

10%

10%

10%

10%

5,300

47

2,000

Oil

conv

4'/2%

preferred

Beck Shoe

Creek

Beech

38% Jun

2

Bell

Aircraft

21% July

7

Bell

&

6

Bendix

38% Jan

4

44 %

9

Beneficial

Dec

30
7

5
20

112

4

Jan

127

Jan

30 % Jan

4

50

May

Cum

3

Benguet
Best

&

Best

37 % Jan

57% Jan

6

Jan

4

71% July

6

146% Dec

144% Jan

5

160% July

6

Jan

16
15

82% Jan

13

65'A Apr

16

9% May

Jun

39

28

12% Feb

6

30

30

38% Aug 26

36% Feb

9

22% Mar 17

17% Jan

12

12% Sep

15
15

21% Jan

14% Jan

11

19% Sep

Dec

15

22% Feb

3

25 Ve Jan

22% Sep

15

28% Dec

17

27% Jan

5

37 %

6

Blockson

38

5

47

7

jbotung

27

5

May

47% July
22% Jun
22

% July

July
'A July

Black

6

Co

2

Bliss

(E W)

11

Bliss

&

3

20

Jan

4

2

29% Mar 18

23

Jan

26

6% Jan

4

31% May 20
12 Y* May 20

12% Sep

15

14% Aug 13

13 Va Jan

4

14 V4 Feb

11

Bond

11

Jan

13

12

8

12 V* Jan

11

52% Jan

14

61% Dec

64% Sep

15

86

86% Jun

15

94% Jan

48% Nov

18

50

Dec

Mar

3

16

Mar 25

8 % July

57% Mar 17
74% Jan

4

12

93 V4 Jan

12

11

49'A Jan

65% July

7

8

8

88

May 27
97% May 28
54 V4 July
1

.

Bohn

17% Sep

21

26% Jan

20

May 28

99% Feb

9

97

Jan

27

27 % Jan

29

26

Jan

6

32% Apr

30

54'A Dec 21

52

Jan

5

24
17

Brown

&

9

Brown

Shoe

13% July 20

12 '/a Jan

4

59% July 14

66% Jan

60

Jan

13

69 % Jun

13% Nov

4

22% Mar 17

13% Jan

15

22.

16% Apr 12
28% July
9
13% Apr
5

16% Mar 25
83 % Feb

6

17% Jan

31% Nov

16

cum

74

Jan

6

24

30

Mar 12

Buffalo

Forge

25% Jan

11

Bullard

43% Mar

2

37% Mar 24

10% Dec 29

17

2

10% Jan

11

14

74

Jun

91% Jan

67

Jun

35% Jun

13% Sep

22

Jan

Jun

10

7

80% Feb

3

Jan

30

73% Jun

8

86% Apr
75 % July

17% Feb

10

3

15'A Jan

4

21

9

11% Feb

8

15 % May 20

78

10

14

11

Oct

6

15

35

Jan

9

40

Mar

6
9

May 19

Bucyrus-Erie

11% Sep

July 15
15% Feb 16

30

J28

Aug

5% Sep

5

'46% May

11% Jan

4

20 JA Jun 125

Mkr 16

79% Jan

14

92 % Jun '29

86

12% Feb

36% Feb

26

7% Jan

4

16% Dec

29

27% Mar 20

15% Jun

29

102 % Oct

30

109% Mar 10

16% Sep

20% Oct

15

15

■24% Mar 12

27% Jan

7

1% Dec

20% Sep

15
24

10

Sep

7

46% Jan

22

2

16% Jan

5

22

10% Apr
20% Apr
105
23

Jan

July

12

15
8

9

Jan

4

Mar

2

1% Jan

4

2

7%

8

10

Jun

May 10

.3%

27% Jan

13% Mar

15

86% Oct

2

July

9% Mar

28

6% 8ep

98

,3

102

Jan

29 Ve

July

2% Jun

29

20% Jan

4

23

3

12% Jan
90% Jan

8
6

11%

11%

30,800
700

1174

2,500

6,300
4,500

45Va

46'/4

46 Va

47'%

45%

4674

4574

4 61/2

69,800

5

207 a

21

2074

21

2074

21

*28%

29

*2874

29

*28%

29

70

20%

20%

29

29

No par

10%

10%

Inc

13%

13%

13%

13%

70

21%

*681/2

*2374

70

.

-

„

700

800

24

4,000
60

11 Va

10%

11%

430

13%

137 a

1374

14,500

814

8%

8'/a

834

2,300

6574

65%

65%

6574

65

65%

3,000

82 •'%

83

84

821/2

83%

82%

8274

*93 %

941/4

93%

93%

93%

931/2

93%

93%

60

x53 %

5374

53

53%

53%

53'%

53

53

"

1,900

1.25

8%

8%

65

6574

5

82%

100
25

j

11

10%

10%

13%

*68%

'

814

81/4

4,100

30%

2.50

71/4

7'/4

5,200

2274

2274

22%

22 V2

1,100

31

30%

30%

311/4

311/2

600

874

5|200

7%

7%

7%

'

8%

8'/4

8 Va

8%

87/4

8%

5

29 74

3074

30

3034

2974

30

2974

30

6,800

par

39 %

3974

39

39%

39%

3974

3974

39%

9,600

par

52

52%

52%

52%

53

53

53

53

21%

21%

21%

21%

21

21 Va

2174

2IV4

2.50

common

100
com

*95

__No par

30

preferred

40

8%

97

*95

97

*95

97

*95

800

5,000

j

10,400

;'t

1

30%

30%

3074

30%

3074

30%

3074

60 Va

61

61

6074

61

1,700
2,600

5974

60

60 Va

1

13%

13%

133/B

13%

1374

13%

131/a

1374

68 7a

68%

6874

6874

6874

68%

69

69

1,700

15

15%

1474

15

1474

1474

15

15

27 7a

2774

2774

27%

27%

28»/4

28 34

2874

14,700

5

1274

13

1274

13

1274

13

1274

12%

10,300

No par

777a

77%.

77%

77%

77%

*77Va

77%

200

27

27

2774

27%

27%

27%

27 74

2774

600

43 74

44 Ve

4274

43%

42%

44%

41

41%

12,000

1%

2'/8

Co

1
10

*76%

■

Rights
Bulova

1

Watch

Co

—

1%

2

44

4474

43%

44%

44V4

44'/4

44

44

5%

conv

Bros

1374

13%

13%

13%

13%.

13%

1374

14

100

84%

85

84%

84%

*841/4

857/4

85%

86

*72%

75

73 Va

73%

*72%

75 Va

7574

75'%

50

19%

20 Va

1974

20

1974

1974

16,800

*13%

14%

14

■14

*13%

5

20

20 Va

14

14

50

preferred
__100
Butte Copper & Zinc
5
Byers Co (AM) common——No par
Byron

Jackson

141/2'

;

43%

43

43%

42%

4274

50

19

Va

1974

19%

19%

1974

1974

19

1974

18,700

91%

91%

90%

91%

90%

9074

90%

90 Va

9%

874

9%
18 Ve

*100
22

2274

28%

29

.

102

1874
100

'

8%

9Va

•

1974

19%
101

2274

22%

28%

*100

8%

2274

29 Va

20 Va
101

8%

22%

20

*100

8%

3,600

2074

22%

23

3,300

2

2 Va

2

2 Va

2

2Va

4,800
3,900

974

974

974

974

9%

974

10,700

CamRbell W & C Foundry
15
Canada Dry Ginger Ale com__ 1.65%
$4.25 conv preferred
No par

22 Va

2274

*21%

22 %

22%

22 V4

800

13%

8,600

Jan

5

21% Jan

4

28% Jun

7

43% Dec

16

54

Jan

5

44% Jan

4

53% Jun

29

Canadian

Cannon

Pacific

Mills

Ry_.

V

80

974

Canada Southern Ry Co__:
Canadian Breweries Ltd

t

i

10,300

101

2%

5

J

i

*

17%

100

9%

11

1

400

*42

43%

2

Zinc-Lead

i
1

1

200

*42

10

Co

1

80

100

4V2%

participating preferred

1
1

30,100

15

common

!

i

5

1,000

1

1

Co

Bldg—
prior preferred

i

t

87,800

Terminal

Butler

7%'

—

5

Inc

Burlington Mills Corp common
4% preferred
3V2% preferred
Burroughs Corp
Bush- Terminal

!
i
f

500

5

par

common
—

<

.

.

97

15

Inc

Co

(The) Co

7'/4

23

*3074

23

29%

7%

2274

774
22%

5

Co

5

34




3,300

71%

1601/4

1

29

see

11%

36

70%

1591/2

5

Dec

For footnotes

70

35%

71%

California Packing Corp

52% Jan

21

1174

68 %

36%
15974

Callahan

22% Jan

22

*

70 %
159

1,700

Calumet & Hecla Inc

7

24

5*% Nov 27

17% Apr 24

1174

11%

11

36'/a

71 %

160%

.

62,300

1

29%

14

Dec

30

70%
160%

130 Va

1?
2874

25

14% May 12
99% May 13
57
July 8
27 % July
9

Jan

7174

T26

1

29

36%

1

$5 preferred

Bush

79

36%

36

36%

160%

70

130

13
28%

2174

Co

■

1

29%

28%

36%

Briinswick-Balke-Collender—No

4

49% May 24
2 Ve July
8
44% July
6

367'a
160%

100

Co

12

9

297a

2174

Bigelow_

Jan

1% July

*125

15

U

291/4

24

Co

conv

25% Feb
2

130

-125

130

"125

371/4

preferred

11'A Jan

77% May 27

3,600

24

Corp

Club

Brooklyn Union Gas

Budd

44%

36%

15

Bristol-Myers Co

5%

44%

2174

Briggs Manufacturing Corp__No
Brlggs & Stratton
_No

4

63% Jun
13% Jun

44Vi

37'/2

9

6
11

36 Va Jan

3% %

44

24

39% July
56% Jun

6 Va Jan

23 Va Jan

3

44

22%

8
31% May 24

7

25% Mar 10
42% Feb

14

43%

37',4

11% Jan

Mar 11

43%

21%

31

24% Apr

6,200

43'4

100

15

100-

82%

No par

Roller

22
21

4

8174

Maine RR—•

Sep
33% Sep

11

81%

*23%

preferred

19% Sep

Jan

80

22

Inc.,

28

19% Jan

82

37%

Common

Bower

81%

_5

Brass

preferred

&

82%

24%

(The)

Edison

10

/

82

U,

Day

95

36%

Borg-Warner Corp common-.

5%

CLOSED

Independence

*9274

*2374

Bearing
Braniff Airways Inc
Bridgeport Brass Co

11

8% May 13

EXCHANGE

94

x21%

9

28% May 20

2,100

STOCK

2174

94

7.50

31% July
8% July

14

5,800

21%

36%

217a

95

21%

95

2.50

25% Jan

15
72% Dec
3

36%

2174

36%

2174

*92%

21%

18,100

2

20% Sep
10% Sep

36

-

22%

Mar

5

37%

36%

37%

36%
21

*93

47

33

25

800

22

21

11% Sep

11%

47

25

9

llVa

,

22Vs

;

Co

Boston

45 % Jun

11

11

47%

5

15

1074

*1074

21%

29% Jr-n

22% Jun

11

47%

20'A May 11

38

900

*10%

47%

9

39% Aug 17

80

3374

22%

13% Mar 19

91

16 Va

33%

33 Ve

21 %

46% Mar

2

16

*32%

34 Va

47%

31

5% Dec

16%

33%

33%

21%

31

Sep

16%

*32%

47%

5% Dec

3

8,700

16'A

47%

26% Dec

5% May

110

—I

Book-of-the-Month

Boston

821/4

21 %

class A

Stores

3%%

82

"C8%

Co

B

Borden

821%

_No par
10f

Mfg Co

Aluminum &

Class

82%

33%

com 5

CO

Bon Ami Co

12 % Mar 12

24% Apr

83%

32%

100

Airpiane Co new_

14

23 Va Mar

*821/4

—100

(Delaware)

Chemical

6% Dec

15

2,000

16%

com—No par

Laughlin Inc

21% Jan

16% Sep

(Del)

Decker

&

17%

33%

1
Steel

Blaw-Knox

17

17%

321/2

1

pfd series of 1951_

14

1774

167a

1 peso

—

15% Sep

17%

33%

common—10
of 1946_No par

preferred
Bigelow-Sanford Carpet (Del)

31% Apr

30

17%

33

5

Consol Mining Co

4%%

580

17%

16%

10

common

Corp

7%

27

106

*33%

Co

Bethlehem

12

Jan

72

123%

106

',8

*32%

Foods

5

15
19

123%

107

1

1
1

pfd $3.25 ser

7

Oct

46%

126

*106

4

83%

*82

100

Co

Loan

6

44% Sep

47

*122

106

1

Aviation

1 Ve Jan

27

47

124

106

—

10

preferred

29% July

% May 18
24

47

124

—

17%

'

July

_

50

Co

Corp

Howell

4 74%

8

36

4774

17%

100

Belding-Hemingway

82% J -ly

1% Jan

pfd

RR

Packing

15

11

27% Jan

4%%

48

"

Beech-Nut

Jan

112

S)

(A

Beech Aircraft Corp

*24%

123%

123%
*106

2.50

Inc

25

*24%

27,800

107

47%

preferred—100
100

prior

Mills

Beaunit

60

17

Corp—

3%%

97

25

8

Works

Beatrice Foods Co common——12.50

4

7

common

preferred

18

39% Dec

31

Corp..

Iron

17% Jan

30

9"% Dec
Oct

48 %

23% Jan

Jun

63

24

48

90% Jan

% Dec
30

23%

48 Va

68% Mar 20

May 21

135% Jun

23%

48

11% Jan

Apr

9,700

23%

4814

2

4

1,100

7,400

974

24

7

6

4%
62 %

9%

48

30

22

474
60%

9%

237a

4%%

July

4%
61

48

common

Bayuk Cigars Inc

7

474
9%

59

2374

Brothers

Bath

8
12

Mar 12

16% July

9%

47%

22% Mar 13
Jan 12

22% Nov

93

4

9% Jan
29 % Jan

32

4%

581/4

9%

22%

93

14
33% Jun 17

50

Jan

47% July

*4%
57'/2

9%

100

Barber

18
Mar 31

27

Ohio

&

Barker

13 % Jan

25% Mar 19

4%

58'/2

X97a

Bangor & Aroostook common
Convertible 5% preferred

18% May 27

9% Sep

7

4%
57%

13

Corp

noncumulative preferred—100

Baltimore

1

67

1
(The)_Nopar

Inc

(T)

22

28%

22Va

13%

1374

1374

94%

94%

94 V*

1374

13%

94

100

*56

No par

27

'

*94

28%

13 Va

*94%

57

*56

*56

57

27 Ve

*27Va

27%

♦2774

2674

27V4

2674

27

*52%

53%

52 %

52%

25

26 Va

26%

No par

5274

53

1374

95

57

57

28 Va

27%

2774
■26%
52%

28 %

95
58

27%
27

52%

90
10

400

29,400
600

page 22.

I

i

'

Number 5341

Volume 180

.

.

The Commercial and Financial Chronicle

.

(165)

NEW YORK STOCK RECORD
Range Since Jan. 1

Year 1953

Lowest

Highest

Lowest

8% Dec

29

13% Jan

23% Sep

14

30

14
103 % July 20

28

107

4

Jan

171/4 Jan

5

Jan

4u 1/4

Apr

211% Apr

5

116

YORK

Sep

Carolina

Clinchfield

Carolina

Power & Light

Jun

14

40% Jan

5

23%. May 26
46% Jun

24

Carpenter

48% Dec

14

46% Jan

4

62i/4 Apr

13

7

161/4 July

3

17% Apr

12

Jan

4

129% 2?eb

26

24

14% Sep

16

25

Jan

5

111% Dec

24

143

Jan

9

45 % Sep

21

65% Jan

2

44% Feb

17

96% Jun

23

Feb

24

10iy2 Jun

4

18% Dec

29

38% Jan

6

16% Apr

28

24

133% Jan

2

107% Jan

4

Dec

-

Ohio

&

14% Mar 27

105

65% Dec 24

98

15% Sep

Jan

13 7/8 May

113

66% May

9

61% July

6

7%

41/2%

conv

Celotex

Corp

19% Mar 25

16

Jan

4

22"% Jun

16% Mar 18

15% Jan

11

17% Jun

7

19% Feb

19

20% July 27

20

4% Sep

15

7% Feb

26

26% Dec

31

40% Jan

22

59% Sep

15

73% Jan

30

5%

Jan

6

21 % Mar 12

4"% Jan

4

6V4 May 14

STOCK

EXCHANGE
CLOSED

Independence

20
5
1

;

Co
of Georgia Ry
Foundry

23% Mar 25

32% Jan

12

72% Feb

25

4

14V4 Apr

1

35% Jun

42% Mar 25

38i/4 Jan

8

43% July

9

Central Illinois Light

6

105% Jan

19

2

19% Jan

8

Day

110

12

Jan

24

20% Mar

14

28% Feb

24

14% Sep

14

28% Feb

25

10

23% Dec

10

11% Sep

14

30

55%

57%

17,300

16

16%

16 %

2,200

14 Va

14%

14'/a

14%

118

'102%

58

58%

103%

22

115

743/8

74t/2

3,900

22%

22%

22

22%

22%

22

22 Vs

5,500

17

223/a
17 y,"

20%

20%

*17

4

18% Jun

30

3

33% Jan

4

40% July

7

1

38,800
280

17%

17%

17V4

20%

20%

*20%

2OV2

5%

5%

5%

26

25%

25%

64%

64%

64%

64%

14%

13%

14

42

42%

42%

425/a

42%

100

109

Xl4

*17

2,600

253%

64Va

13%

14

43%

43%

433A

108%

Products

800

25%

64%
V

500

14,400
3,600

108%

108%

108%

108%

108%

70

23%

22%

23%

22%

23 Vs

23

23Vs

3,200

18%

18 3/s

18%

18%

18%

18%

183/8

700

18%

18 S/8

*183/a

18%

19

1,800

253/4
11%

261/8

253/4

26

253A

26

8,500

11%

11%

ii3/8

11%

300

4,900

109

22%

0:

18%

No par
5
Corp
1

Mills
Corp

Pasco

400

1,600

6

73A

75/8

75/8

*7%

7%

*7%

11%
7%

27

273A

263/4

27%

26%

27 Vs

27

27%

17%

18%

17%

18%

173/4

18

40

403/a

40

403/4

17%
40%

17%

10

Ribbon

Certain-Teed

115

6

5%

6

14%

/

225/a
115

26

17%

20%

18%

12% Jan

223/a

21%

21%

25%

de

103 Va

114%

18%

Cerro

*102

75

255/8

Century

11,000

115

18%

3

613A

74%

5
9.50

6

59

74%

22 Va

115

50

7% July

280

59%

74%

22%
115

16

30% Jun

119%

103%

*102

103%

7,800

*118

59'A

59%

*102%

118

118

75%

22%
115

191/2 Jun

6% May 27

116

116

261% May

4

Feb

55%

15%

10

201/4 Jan

37

Sep 15

55 Va

50

12"% Mar 18

400

555/8

64%

Class B

4,800

45%

15

26

Central & South West Corp
Central Violeta Sugar Co

21%

45%

15%

Central RR Co of N J

6

2PA

46%

55%

14

A

21%

*45%

153/4

No par

class

21%

46%

14%

64%

preferred

22

153/4

25%

100

com

114

114

11,800

15%

553A

■

Central Illinois Public Service

5

38% Jan

213/4

16

10% Feb 26

9% Mar 12

16

13

30

114

*45%

'

19% Jun

15% Mar 20

6% Dec
19% Oct

1133A

114

23% May 25

15% Mar 15

17% Mar 16

30

2,100

1133/4

115

6

No par

preferred series B

4%%

203/8

6

23% Jan

10% Dec

5

Mar

20%

4

151/2 Jan

18% Jun

112

20'A

20%

Central Hudson Gas & Elec__No par

Jun

20'A

74%

No par

common

54% Mar 24

14% Sep

20%

57%

—.-100

12 % Jan

17% Jun

20%

14%

No par

Mar 27

97

20%

'114

preferred series A.100

13

16

4,500

20%

10
100 >

11% July 14

5%

io3/8

343/4

1155/8

preferred

Central

10%

341/2

15%

Central Aguirre Sugar Co

Central

10%

343/4

55%

preferred

2nd

10

34%

1
12.50

Celanese Corp of Amer com

12

Apr

751/4 July

2
15% Oct 30

5

Shares

10%

46

common

the Week

35

22

pi'eferred

July 9

10

455/8

Corp—

Friday

July 8

..

34%

X215/8

common..

Caterpillar Tractor
Preferred 4.20%

13

22"% July
120

4

Co

7%

9

IO41/4 Apr

General

I)

Sales for

Thursday

35

...100

&

(J

Case

PRICES

10

5

.

SALE

9%

new_No par

Co

HIGH

Wednesday
July 7

34%

—10

Steel

Carriers

6
30

Jan

'\

'

Ry_100

Carrier Corp

13

2

12% Sep

July 6

5
10

22

Tuesday

July 5

•

_1

Carborundum (The)'Co„
Carey (Philip) Mfg Co

16

34% Jan

104

Monday
Par

Capital Airlines Inc

9

Jan

49

14

STOCK

12
30

2IV2 Jun
39 %

LOW AND

EXCHANGE

10% July

13

v

NEW

Highest

8% Jan

29

May 27

19% May 25
113% Mar 19

16% Sep

Continued—Page 3

STOCKS

Range for Previous

40%

40 3/4

Chain Belt Co

12

*11%

7%

*40

600

10,300
900

Champion Paper & Fibre Co—
34% Dec

U

47

5

108

33

3

103% Jan

30

26% Jun

Jan

98% Jan

16

92% Jun 22

22

15

25 % Dec

31

31% Feb

4

25% Jan

5

32% Sep

15

41% Feb

2

33% Jan

4

Sep

80

Jun

12

Sep 15

21

85% Oct

3

61V4 J ail

14

33% May 20
36"% Feb 15
91

13

181/2 Feb

23% Feb

3

21% Mar 24

181/2 Jan

5

27Vs May 14

26% Jan

5

181/2 Jan

4

251/2 July

6

34% Jan

21

27% Jan

4

331/2 Jun

16

121/4 Mar

1

15% Fib

8

18

14

Sep

6

Jan

31

Dec

10

Jan

22% Jan

13

101/4 Mar 25

121/4 Feb

351/8 Mar

46 % Jan

40% Sep

15

51 % Jan

10% Dec

30

21% May 21

10% Jan

30 % Dec

30

44% Aug

28

2

6

2

Aug 31

82% Mar 19

5

90

Oct

6

76% May 27

89"% Jun

25

"7% Oct

13

22

14% Feb

1% Dec

18

6% Oct

13
29

39

29

-

6

21

Jan

Jan

17% Jun

19
25

18

23 Vs Apr

103% Feb

No par
St

Paul

series A

&

Pac

7%

ll3/8

Dec

4

47

Jan

12

76 % Apr

2

28% Jan

11

38

2

78

Jan

4

9% Jan

5

95% Jan'

70% Oct

6

9% Sep

15

95

Jun

10

26% Dec

15

14% Dec

28

14% Jan

9

Co

35% Jun

4

17% July

3

15

72% Dec

28

83% Feb

9

74

Jan

27

Oct

5

44% Jan

6

33% Jan

4

46

May 12.

210

Mar 15

91

Mar 24

31

152
80

Mar 24
Feb

10

47% Jun
100

16
12

Jun

30

170

July 14

172

89

Nov

90

54% Nov 24
109% Jan

19

Mar 23

70% Dec

15

75

41

21

44% Mar 19

18

Sep

25% Aor

15

Sep

16

33% Sep

11

22% Jan

19

29% Oct

9

89% Jun

12

97% Nov

25

Feb

4

2

Sep

5

14

28 % Apr

34% Dec
136

128 % Sep
78

43% Mar 20

July 24

89

Jan

21

Dec

29

Mar

53% Jan
107

Jan

70% Jun
41
18

1

4
5

2

jun 18

July

82% July
Jun

62% July
109% Apr
75
44

7

15
4

9

23% Jan

50
May 18
29% Jan
4

27

37

Jan

7

24

Feb

24

1

97% Jan

8

4

2% Jan

14

32 % Mar 25

35% Feb

39%

11%

11%

11%

IDA

11%

3,300

293/8

291/4

29%

29%

29%

2,500

66

67

65 %

661/2

66%

663A

66%

68'A

*87

92

90

90

90

100

70

693A

71

8,100

100

No par

15

Service

7%

73A

73A

*7%

83/8

13%

13%

133/4

133/4

2%

2%

2%

25
..25
—

Corp
t_—

7%

111% Jan

4

1253/4 Mar 17

Coca-Cola Co

930

2

976

Coca-Cola

47% Jan

2

38% Jan

Nov

5

86% Jan

4

24% Feb

27

12 % Jan

20

93

5

6

Collins

15% Mar 24

18% Jan

40% Jun

42 % May 24

20% Mar 17

66% Mar 24

41

Mar 22

47% Feb

16

49

Dec

22

67

Mar 24

50

Jan

29

56 % Jun

28

47

Sep

1

65% Mar 24

45

Apr

30

52 % Feb

16

24

26

371/2

37'/a

37%

36%

37%

10 Vs

STOCK
EXCHANGE
CLOSED
' * /
Independence
Day

963A
10%

94%

96%

94V4
10 Va

103A

10%

*98%

102

Colorado

Fuel

&

95

2,000

10%
102

34

333A

34

34

33%

34V4

163%

16%

16%

16%

163/4

17%

17%

17%

4,700

82

82%

82%

453A

45'/a

45V2

1,630
3,300

34

78

78

78%

79%

78V4

45%

45%

45%

45%

45%

*165

*165

180

109

*165

180

1093/s

109

71%

180

91%
62

1093/a

*165

1,400

180

*873A

91%

2,700

62

62

280

109%

109

130

71

71%

71%

"71%

72

*41%

42%

20

42%

*41 Va

42%

41%

41%

18%

19%

18%

183/4

18%

183/4

18

18 5/8

4 8'A

48%

48%

13,400
14,500
3,600

48%

47%

48%

47%

27Va

27 s/8

27%

27%

273/s

273/8

27%

27%

95%

95%

95%

95%

953A

953/4

953A

953A

*2%

23/s

2%

2%

*2%

2%

*23/a

2%

33 5/s

33%

33%

35'/8

343A

35%

34%

471/2

133

*91%
117

133

*133

93

*92

117%

*900

116%

134

135

913/4

93

116

117

134

913A
1163A

*133

130
500

35

4,700
30

135

*91

100

92%.
116%

116%

4,400

12,400

*900

*900

*900

51 3/s

523/4

51

52

50%

513/8

503/4

5PA

893A

91%

893A

893A

893A

893A

89

90

14%

14

14

14

14

133/4

14

No par

16 3/s

163/4

16%

16%

16%

17%

17%

173/4

50

41%

41%

*413/a

41%

41%

41%

300

42

380

10

com

No par
No par

Iron.—

*14

♦41 »/8

413/4

433/8

433/8

noncumulative 1st pfd—100

*51%

53

*49%

51

&

10 3/4

34

No par

Corp

series B_._

preferred

943/a

*991/4

*985/8

Southern Ry com—.100

5%%
Colorado

4%

Alkman

&

10 3A
102

102

*98%

Corp.—No par

Co

95%

170

2,600

13,100
19,900

*41%

100

Colgate-Palmolive
$3.50 preferred

23

37 Vs

No par

(The)

6

14

375/a

95

preferred. 100

2nd

Internat'l

52% July

Dec

70

1

preferred

preferred
cumulative

14% Sep

22%
100 3A

69%

100
1

common

Corp
Cluett Peabody & Co com
4%

7,800

22%
1003/4

69%

37%

5
—100

Clopay

2

61,000

22%

72

10

160

64%

63%

IOOV4

22 3/s

IOOV4

*71%

Inc

1,300

32

*31

69%

No par
10

common

conv

10%

10 5/8

69

225/s
1003/4

109

cum

300

1,500

2%

69 %

223/a
100%

1083A

Foods

2%

69

22%

1003/4

No par
Cleveland & Pitts RR 1% gtd.—50
Special guaranteed 4 r/o stock—50
Clevite Corporation
1
Climax Molybdenum
No par
4 % %

400

14

14

71

223/a
*100

preferred

Clinton

63%

900

8%

*7%

*

Illuminating com.No par

$4.50

Feb

43

32

63

61%

Apr

Mar

103A

*31

*873A

94

14% Jan

*10%

65 Va

62'A

17

90

10%
32

91%

20

8

•'

61%

Dec

31

65%

31%

63%

313A

65%

10%

10%

31

*873/4

125% Feb

Dec

103/8

25

preferred

2%

91%

892

Jun

25/a

61%

Jan

13

2%

4,600

1003A

100

14%

601/2

Oct

80

99%

*873A

140

7

99%

preferred—100

Elec

107

23

70%

*99 Va

73/4

1

noncumulative

5%
Cleve

874

38% Dec

69%

99%

*13%

Equipment Co new——
20
C C C & St Louis Ry Co com—100

6

13

703/a

693A

99%

Corp

12

Apr

*87

91

69%

Clark
>

*87

10

Co

Products

39%

40%

No par

Oil

Investing Co
preferred

Jan

July

5,500

11%

100
Milling Machine Co—10

132% Jan
89

40

29%

—No par
City Stores Co common—
5
41/4% convertible preferred—100
City

9

92 % Apr
2 Va May

393/4

113/4

51/2%

29

Mar 22

Mar

39%

700

29%

No par

Financial

T

City

9

17

I

Cities

7

15

27% Jan
Jan

C

1

4

99 % Apr

5

Aug

11% Mar

15,800

29

preferred

Cincinnati

1

106% May 24
1**

11%

11%

common

convertible

4r!o

14

33% Mar

Jan

10%

393/4

100 3

Common

30

T0n

12

102

July

103A

100

pfd

preference

Cotton

11

800

com—No par

noncum

preferred series A
convertible

*7%

7%

10%

243/4

393/4

Chile Copper Co
Chrysler Corp

11

30% Dec

300

103A

75/8

7

4

55

73/8

11%

243A

No par

B

Milw

5'/o

20% Feb

16

900

141/8

*7%

*7%

11

97% Jan

22

323/4

14%

7%

*141/8

May 25

24% Jun

32%

141/4

*32%

14%

661/4 Jun 29

35% Jan

323A

32%

Chi'.ds

2

Jan

3,700

14%

Chickasha

7

22% Dec
102

16,400

24%

32%

Cincinnati Gas & Electric—

91% Jun

23%

14%

18

35

Feb

56V4 Feb

233/s

243A

32%

..-Chicago Yellow Cab.

8

10% Feb

7% Jan

96% Jan

23%
24%

32%
*14

Chicago Rock Isl & Pac RR__No par
5% conv preferred series A—_100

9% Mar 15
3

173/4
25

243A

$3

15V4 Jun

1% Jan

13 % Feb

Dec

4

17%
243/4

23

Chicago Pneumatic Tool com.No par

72
May 21
IOIV4 Apr 15

11

11% Jan

3% Feb

58% Dec

22

Jan

7% July

9% Jan

10%'Sep

62% Jan
£2

12

17

*24%

233/4

9

Jan

300

1,100

15,600

243A

17

17

25

5',«

63

95

90%

23%

5%

9

59

35%

90%

24%

9

68'A July

59

35

91%

233A

,

243A

1,500

33

32%

3 5 Vs

25%

Chic & North Western

34% Feb

July

*16%

2,300

33

*90%

24%

26

3
4

Jan

91%

91

243A

Chic

45% Jan

6

35%

91

17

5%

5%

24,800

35

33

343A

X23%

Class

11

62% Mar 19

41% Oct

33

35

163A

5% preferred
50
Chicago Ind & Louisville Ry cl A_25

12V4 Mar 31

11

Mar

33

343/a

Chicago Corp (The)
1
Chicago Great Western Ry com—50

6

A

200

25%

25

33

33

*90'A

5'/a

5

5%

105

105

263/8

1,400

46%

46%

46
105

25%

263A

*5%

5%

45%
104%

45%
107

26

40

Class

87/sMay2l

4

5% Jan

6

29

5% Dec

45%
*105

273/s

5%

Manufacturing___1.29

3%% convertible preferred—100
Chicago & East 111 RR com__No par

5

26% Mar 17

,

26

1

Chesapeake Corp of Virginia:
5
Chesapeake & Ohio Ry common—25

May 12

4

Jan

Cab

Inc..;

106

105

No par

Aircraft

46

45%

No par

preferred
Vought

Checker

Mar 17

b

7

Oct

10

2

$4.50

Chance

3

25"% Mar 19

16

27% Oct
12

27

23% Mar 13

Aug 31

17% Jun
17

4% Feb

Common

Mar 17

321/2 Jun

May 12

~7% Mar"27

~i%

July

'

43%

42

42

42

*51%

53

52

523A

52

*49

51

43

*49

•

51

*49

1

200

1,000
25,100

140

52
51

38% Jan

8

50% Dec

2

41% Feb

3

71

38% Jan

9

50% Dec

9

41% Feb

2

69 %

9

noncumulative 2nd pfd—.100
Columbia Broadcasting Sys cl A.2.50
Class B
2.50

69%

5,600

12% Dec

7

15

Jan

5

12% Jan

4

14% Jun

7

Columbia Gas System

145/3

143/4

145/s

143A

145/8

143/4

145/a

143/4

33,200

11% Jan

29

22% Dec

24

19% Jan

12

25 % Jun

22

Columbia

23 Va

23%

23%

23%

233/8

233/s

23%

23%

6

69% Dec

15

68 % Jan

4

Feb

17

*79%

51% Mar 17

41% Jan

11

49% May 27

Columbian

29% Jun

Columbus

59% Mar
37

15

Sep

38% Sep
31

16

2

27% Dec

26% Jan

11

23% July

11

48% Dec

44

Jan

14

38% Jan

34% Jan

12

Sep 18

Sep 15

29

22 J/4 Jan

89

July
July

9

8

56% Mar 30
43% Apr

15% May 11

18% Jan

19
27

17

*37% Dec

36% Jan

41% Jun

2

32 % Jun

17

37% Dec

36% Jan

41% Jun

2

32% Jun

17

37% Mar 16

36% Jan

41% Jun

2

32% Jun

4

8

5% Dec

29

Jun

29

21% Dec

29

27% Jan

27

20 Vs May

23% Jan

27

20% Oct

28

24% Jan

15

17% May

23% Jan

26

8

3

Mar

6

Jan

4%

Dec

30

20% Dec

31

20% Jan

12

6% Sep
34% Jun

14

11

Feb

25

7% Jan

4

11

40% Jan

4

109% Jan

5

107 % Apr

26

16% Apr

24

12% Jan

4

10

42% Dec

103% Jun

2

12% Dec

16

'

25% Apr
11% Jun
46

July

109% Mar
14% Apr

2
28

7
4

23

Jan

5

26% Jan

8

31

Jun

1

100

Jun

15

110% Jan

7

107

•* Jan

7

112

Feb

1

91

Jun

10

102

Mar 26

98

Jan

7

105% Mar 25

23% Jun

11

Jan

10

5

28

13% Apr

27

123/a Feb

11

15

July

48% Jun

16

58

Jan

2

54

Jan

7

65 % July

17

14

38% Jan

5

18

Jun

9

25

5% Dec 23

10% Jan

6

53/8 Jan

4

Sep

8

9

Jan

26

6% Jan

20

15

Dec

29

10% Jan

6

8 % Feb

23

40% Nov

2

7
Apr
38% Jan

6

35% Apr

8

45% July

99

Jun

19

109% Jan

8

1053/4 Jan

5

110% Apr

9
5

99% Jun

18

108% Feb

5

106% Jun

7

109% Feb

1

8

47
93

Jun

23

18% Jan

2

89% Sep
45% Jan

23

87

102% Feb

11

May 17

101 % May 25

49% May 27
103

Jan

15

25% May 21

20% Jan

4

23% Mar 29

4

90% Jan

4

98

95% Jun

Feb

71% Jun

4

30

13

58% Nov

6

54 % Jan

May 20

97% Jan

8

96

Jan

21

100

May 13

6

128

Jan

21

163

Jun

112% Jan
For

16

133

footnotes




see

Nov

page

22.

4

30

603A

60 3A

593A

60%

60%

63

63

653A

623/4

63

64%

,

66%
65%

71

9,700

Pictures

Inc
No par
common..No par

$4.25 cumulative

preferred-No par

79%

80%

80%

80%

80

79%

79%

120

—No par

47%

473/4,

47%

47%

47

47%

465/s

47%

4,200

Elec—5

283A

283A

283A

28%

283/4

28%

28%

29

1

543A

55%

54%

54%

54%

545/8

54%

55%

39%,

40

393A

40%

40

40%

40%

40%

17,800

16%

163A

16%

16%

16 5/8

17%

16%

17%

26,800

403/a

40%

40 3/8

22,400
3,900

Carbon
&

Co

Southern

Ohio

Combustion Engineering Inc
Commercial
Commercial

Credit Co
Solvents

10
No par

40

40

40%

40%

40%

$1.32

convertible

39%

39%

40

40

40

40%

40

$1.40

convertible

39%

40

40

40

40

40

40

com—25
preferred——25
preferred—.25
Conde Nast Publishing Co—No par
Cone Mills Corp
—10

Commonwealth Edison Co

Congoleum-Nairn
Consolidated

18

605/B

Inc.

Cigar

73/4

7%

73A

4,400

,

8,800

40

40%

1,900

7%

2,300

7%

7%

7%

22

22%

21%

22%

215/8

22

21%

22

4,200

18%

18%

18%

18%

183/8

183A

18 5/8

18%

3,000

23%

24%

243/s

24%

24%

243A

25

25%

7%

No par

Corp—-

Ex stock distribution
Consolidated

r

'

1,600

Consol Edison of N Y com—No par
$5 preferred
1
No par

11%

11%

11%

11%

ii%

11%

113/8

6,500

455/8

45%

46

45%

45%

453A

45%

9,600

108 %

108 V4

1083/a

700

14%

14%

14%

2,600

1073/4

13%

Consolidated Foods Corp
1.33%
Consolidated Gas Elec Light &
•
Power Co of Bait com—No par
Preferred 4%% series B
100
Preferred 4% series C—.—100
Consolidated Laundries Corp
5
Consolidated Natural Gas
15
Consol RR of Cuba 6% pfd
100
Consolidated Retail Stores Inc
1
Consolidated Textile Co Inc
:_10c
Consumers Power Co com—No par
$4.50 preferred
No par
$4.52 preferred
No par
Container Corp of America—

293A

-;V/-

110

*99

108

108%

14%
30

64

64%

6%

14%

29%
*109%

99%
14

*19%

108%

14

110

13%

30%
110

*99

99%

14%

21

14%
65

64%

21

*19

6%

6 Vs

6 Vs

*108

14%
29%

*109'A
*99

14%
643A
♦19

6%

30%
110

99%
15

65
21

6%

30

109%
*99
15
64 5/8

*19
6 3/s

30%
109 %

•

12,300
40

99%
15

2,500

65%

4,900

21
6 3/8

2,500

'

73/8

73/8

7%

44%

443A

443A

108%

108 5/8

108%

108 5/a

108s/B

108

54%

55

53%

102%

,

73/8

44%

1075/8

.

73/8

44%

104

*102%

*1075/8

108

*107%

7%

7%

73/a

900

44%

45'A

5,700

108 5/a

1085/s

108%

220

108

108

108

45

120

1

Common new
10
4% preferred
100
Continental Baking Co com..No par
$5.50 preferredNo par

Continental Can Inc common..—20
$3.75 preferred
No par
$4.25 conv 2nd preferred—No par

1,400

11%
45

Coppermines Corp—5

54%
104

54%
*1023A

543A
104

543A

*1023/4

55%

2,960

104

22%

22%

22%

225/s

223/4

223/4

22 3/4

95

94%

943A

94%

94%

94%

94%

340

693A
„

22%

94%

70%

69%

693A

69%

70

69

693A

5,900

*97'A

98%

*97%

98%

97%

97%

*97

98%

100

158%

158%

*158%

1583A

470

158

163

162

157%

2,000

13

14

(166*

The Commercial and Financial Chronicle

NEW YORK STOCK RECORD
Range for Previous
Range Since Jan. 1
Lowest

Highest

.

7% Sep

15

10% Mar 17

17% Jun

11

20% Mar 17

7% May
17% Jun

9% Sep
Jun

16

13% Mar

3

82% Jan

7

72

7% Sep

14
13

62% Jan

48% Oct

5

Mar 18

52

Continental

4

Continental

4

73

Continental Oil of

Jan

May 19
19
May 24
25% Apr 22

15

19% Sep

14

28% Mar

21

26% Jan

27

22% Jan

4

15

27% Feb

2

20 % Jan

4

24

48% Jan

6

43% Dec
18% Sep

22

52

6

15% Jan

4

20

4

Jan

41% July
Apr

48% May 25

52

Jan

25

30

55% Jan

30

49 % Apr

9

26% Mar 25

44% Mar
21% Jan

5

15

4

32% Mar

4

Jun

18

68% Jan

15

60

70

Apr

1

90% Dec

21

87% Jan

12

Mar 22

93% Sep

14

96% Jan

19

95% Jan

8

93% Sep
67 % Feb

15

98

Jun

25

96% Jan

6

6

78

Nov

9

71% Feb

176% Dec

31

174% Jan

18% Nov

16

66% July
121

161

Mar 31

15% Dec

29

3% Sep 15
1% Nov 30
25% Sep

1

25% Jan
Jun

10

26% Jun

16

23

91

May 18

Mar

20

95

Jan

5

182% Mar 29
24% Jun

4

Corn

17

25

Coty Inc
Coty International Corp

28% Jan

4

35% Apr

14

Crane

91% Jan

4

99% Mar 30

27% Mar 12
2

34 % Jan

15

26% Mar 22

28

11

15% July

Jan

4

17

34% Jan

Jan

16

101 % Jan

33% Jan

6

21% Jan

Mar 17

48% Jun

72% Jan

Cream of Wheat Corp

Apr
26% Apr

$2

2
1

15

89

24

36% Jan

5

14% Jan

85
July 9
20% Jan 26

11% Dec

31

17

Jan

6

11% Jan

14% Feb 25

24

15

Nov

52

6% Sep
27

18

21

Sep 21

5% Sep

31

49% Sep 21
6% Sep 15

~6%

Jan

52% Apr

20

57

7% Jun

30

Mar 17

12% Mar 19

64

34 Vas Jan

29

8% Apr

2

100% July 28

93

Jan

60

4

18
23

138

Apr

17

134

Jan

7

31% Sep

15

43

Jan

15

39

Jan

11

29 %

Sep 15

83 % Dec
4

Dec

22

27% Mar 20

40% Mar 25
Jan

92

8

25

Jan

11

Feb

11
26

14% May 4
16% Jan 29

13% Jun

8
4

39% Dec

37

16

17

82 %

May 28

92

Jan

2

83

Apr

28

92

86

Jun

3

17% Aug 31
7% Sep 15
34

Apr

42

27

90

Jan

5

Jan

16

91

Jan

13

97% Feb

11

94% Jan

11

23% Feb

2

12% May

'A Jun

21%

21%

50

*49%

50

*49%

50

*49%

50

47%

47%

*47%

48%

*48

48%

100

28%

28%

28%

29

28%

28%

2,000

65%

65%

65%

66

66

66%

66%

66%

2,000

Day

112yz

♦95%

111

97%

*100

76%

110%

97%

76%

76%

174%

174%

175%

175 %

60

23 %

23%

24%

10,200

3%

3%

3%

1,300

23

3%

3%

1%

3%

1%

1%

32%

33%

33%

33%

*96%

97 %

96%

96%

27%

27%

27%

27%

27%

76

1%

32%

27%

1%

77%

*1%

1%

1,500

33%

17,000

97%

15%

15%

15%

15%

15%

15%

'33%

33%

33%

33%

33%

*33%

48%

47%

48%

47%

48'A

►103%

104%

104%

104%

104

1,600

15%

4,800

34

48

*104%

200

27%

27%

15%

103%

5,500

33 %

*96

33%
48

4,500

97%
102

77%

23%

97%

25

121

*95%
*100

174%

23

3%

-

111%
102

76%

23%

3%

*95%
*100

102

174%

176

23

110%

97%

*100

V 77%

♦174%

112

*95%

102

!': 1%
32%

common

700

1,800

700

48%

6,200

104%

400

5,400

25%

24 %

24%

85

85

16

15

15%

350

12%

12%

12%

12%

12%

12%

12%

3,700

preferred

24%

12%

100

*170

200

10

5%
*54%

54%

5

8%

8%

*27%

Inc

7%

58%

58%

58%

1

9%

9%

9%

27 y8

27%

♦134%

136%
58 %

38%

1

38%

100

*92%

common—2.50

4%

common

preferred series A

convertible

preferred

7%
*100%
58

58%
10

9%

27%

*28%

7%

*100%

58

200

7%

4,700

101

*58

10%

200

2,200

28%

7%

101

5,800

9%

10

59

10%

300

10%

96,400

27

27 %

27%

27'A

135

*134%

136%

*134%

136%

58

57

57%

57

57

3,700

38

38%

38

38

37%

38

4,600

94

*92%

94

*92%

4%

94

4%

*92%

3,800
10

___

4%

*4%

4%

4%

4%

13%

*13

13%

17%

28

5%
54

57%

94

*13

20

5%
9

28

800

200

54

9

7%

135

58%

5%
54

9

101

27

100
No par

pffi

*170

54

28

►100%

common

200

9%

7%

100%

5%

5%

28

7%

Daystrom Inc.
10
Dayton Power & Light common—7

96% Apr
1
96% Apr 23

28

*170

54%

8%

1

Corp

5%

5%

100%

A

3%%

200

*54

No par

preferred

Davega Stores Corp

28

►170

5%

100

common

preferred
Press

*13%

13%

13%

13 %

100

900

18

94

18%

18%

18%

18 3A

183A

7.100

41%

*41

17%
41%

41%

40%

41

41

41

1,300

Preferred

3.75%

series A

100

*94

95%

Preferred

3.75%

series

100

*93%

95

*93%

95

*94

95

*94

95

100

*96

96%

*96

96%

*96

96%

*96

96%

Co

50c

Xl3%

Inc

50c

9%

1

B

95%

*94

95%

95%

*94

60

'

100

Mar 12

Preferred

3.90%

series

4

19% Jan

26

Dayton

9'A Apr
35% Jan

27

10% Jan

14

Decca

11

55

14

C

Deep Rock Oil Corp

Dec

14

23% Sep

15

30% Jan

2

24% Jan

4

30% May 26

28% Jun

18

33% Jan

5

32% Jan

4

34 % May 24

40% Sep
10% Oct

21

52% Feb

2

41

3

46% Feb

8

13

15% Jan

30

12 % Jan

4

15 % Feb

25

23% Jun

16

27% Dec

21

27

7

30% Mar

Apr

21%

84

12% May 14
47% Jan
5

May

21%

24%

Dana

18% May 26

33% Jun

21%

1.300

6,200

!

15%

14% Mar 15

11% Jan

40%

83%

Class

May 25
5% Mar 12

13% Aug 20
11 % Dec 15

40

16%

93

4% May 18

40'A

29'A

common—5

Cushman's Sons Inc 7%
Cutler-Hammer Inc

39% May 24

87% Jan

39%

25%

Prior

15

30% Jan

41%

21%

83

Cartiss-Wright

58% May 24

8% Mar 17

41

16%

16

22

41%

21%

24%

27% May 26
136

21%

Cunningham Drug Stores Inc__2.50
Curtis Publishing common
1
$7 preferred
No par

10% Mar 31

Jun

18%

21%

83

4 % %

15

5

*18%

2

preferred

Cudahy Packing Co

May 27

7% Jan

Amer

64

18%
22

16%

5

54% Jan

64%

18%
22

25

Cuneo

4

64

18%
21%

82%

3

2

9,700

64%

18%

*82

0

9% Feb

23% Sep
Jan

131

29

57% Feb

64%

64

21%

900

*16

Feb

103

Corp

convertible

30% Apr
8% Jan

4

17,900

100

5%

9% Jan

27% May 14
6% Apr 19

3,000

8%

RR 6%
non-cum pfd
100
Cuban-American Sugar common__lO

7%

28

5% Apr

92%

8%

110%

Independence

Cuba

8

8% May 2i

15

93% Dec

Jan

185

92

8%

47%

CLOSED

No par

of

91 %

8%

3,400

29

2.50

preferred

Crucible Steel

91%

8%

18%

♦46%

No par

Zellerbach

$4.20

12

92%

8%

♦96%

(The)

preferred

Crown

91%

64%

♦49

STOCK
EXCHANGE

1

Crown Cork & Seal common

29

12%

25

2

105

12%

100

common

preferred

6

34 y« July

29% Jan

35% Dec

Jun

Co

3%%

12%

21%

1

4% Fob

12%

21%

1

1% Jun

68% Sep
13 % Dec
Jun

Corp

4

12%

40%

Refining common_25
preferred
100
Petroleum

7%
18%

18

18%

Products

7%

1% Jan

15

5% Sep

series of 1947-100

2

15% Mar

100

__—

pfd 3%%

Cosden

17

20% Sep

180

preferred

Cum

78% Mar 12

21

Jan

103

3%%

28

24

1

Shares

7%

•17%

21%

50
50

Corp

Corn Exchange Bank <fc Tr Co—20
Corning Glass Works common
5

9

13

Jun

series

3% Mar 16

3

34'/a Apr

2

10% Dec 29

Jan

2

15

87% Jun

5

16

99 % Apr

101

5%

Electric

the Week

*17%

8%

8%

July 9

7%

91%

18

64 >A

Sales fur

Friday

July 8

18%

90

8

PRICES

Thursday

,

7%

12%

_1

SALE

7%

12%

10

Monday, July 12,1954

*17%

12'A

Delaware

series

Dubilier

7%

5

Motors

Preferred 6%
Cornell

7%

♦17%

Fibre

Insurance

Convertible pref

9

July

Diamond

7%

HIGH

Wednesday
July 7

25

Steel Corp
14
Cooper-Bessemer Corp common—5
Copper Range Co
No par
Copperweld Steel Co common
5

2

28

Tuesday
July 6

July 5

Continental

9

Jan

58

Monday
Par

preferred

Continental

15% Sep
19% Sep
19% Sep

convertible

14

7% Jan

11% Mar 25

5%

92y2 July
7
9% Mar 18

15

STOCK

Continental Cop & Steel Ind com—2

8
14

13% Jun

6

Feb

LOW AND

EXCHANGE

8% Apr
19% Jan

4
22

10% Jan

16

67

NEW YORK

Highest

.

CMtfiMtf—Pagt 4

STOCKS

Year 1953

Lowest

..

Jun

Rubber
Records

13%

■

13%

13%

13%

13%

13%

13%

3,200

9%

10

10%

10

10%

10

10%

15,800

50%

50%

49%

50%

49%

50

49

50

10

30

30%

30%

30%

30

30%

30%

30%

20

33%

33%

*33%

34%

*33%

34'A

33%

33%

200

100

43%

44%

43%

44

43%

43 3A

43%

43%

1,400

50

13%

13%

13%

13%

13%

133A

133A

13%

6,600

Delaware Power & Light Co—13.50

29%

29%

29%

29 %

29%

29 3A

29 3A

29"%

1,300

74%

5,600

Deere 1 &

Co

common

7%

preferred
Delaware & Hudson
Delaware Lack & Western

2

3.300

10,300

Denver & Rio Grande West RR—

55% Dec 29

60

81% Apr
15% Oct

28

99

24% Jan

16

61

7

July 24

Dec

9

55% Jan

12

Aug
4
24% Mar 23

93% Jan

14

16% Jan

4

22% Jun

8

30% Dec

28% Jan

11

32 y2 Jun

17

67% Feb

64

14

Mar

2

62% July

74% July
112

8

2% Dec

14

6% Mar 17

2 % Apr

29

16% Mar 25

^*8% Apr

15

19% Jun

TE

17% Sep
18% Sep
25
95

15
16

Sep 14
% Jun

9

1

Detroit

7

Detroit-Michigan Stove Co
Detroit
Steel- Corp

Feb

10

20% Jan

8

33

27% Jan

7

35

Jan

22

101

21% May 27
Jun
;

De

14

Hillsdale

Vllblss

May 10

4

108% Fab

10

,4.40%

40% Feb

3

33% Jan

4

38% Jun

28

13

33>% Jan

12

35

Jun

15

$1.50

15% Jun
11% Feb

10

9% Sep

15

10% Sep

21

25

14% May 25

13% Feb

Jan

2

7% Sep

17

12

31% Jun

12

4

41% Dec

10% May 10

10% Jun

21

29% Nov 12

28%. Mar 24

:NOV 30

8% May 17

3

40

Jan
Jan

7 Jun

T

Co

Motor

Car

*110%

112%

21%

21%

21%

21%

22%

7,700

32%

32%

32%

32%

32 %

32%

32%

3,900

65

32%

Independence

1

*62

*62

65

74%
112

.

9

Dixie

*62

62%

62%

2%

2%

2%

2%

2%

2%

2%

2,200

8%

8%

8%

8%

8%

8%

8%

1,100

20%

26%

20%

20%

20%

20%

300

X28 %

28%

28%

29%

29%

30%

7,700

33

32%

32%

32

32%

21

28%

28%

32%

33

33

108%

108%

*107%

109

108%

108%

x37

37%

36%

37

36%

36%

♦34

34%

34

34

34%

34%

2

Ltd

2
1

1,200

83A

*20%

_50c

9

74

74%
112

2%

Day

10

Co

57% July

Cup Co

111%

21 %

No par

Corp

Distillers

5%

74%

111%

'21%

25

Corp-Seagrams
Divco Corp

July

73%

111%

20

100

common

common

71

11

73%

_2

preferred

cum

74%

110

CLOSED

5

Match

Diana Stores

4

1

preferred

cum

Diamond

4

1

class A

11% Jan 13

4

57

33

W RR Co_100

Co

Alkali

Diamond

34% Feb

Jan

S

&

Devoe & Raynolds
Diamond

STOCK

EXCHANGE

8
20

29

'

32% Jun 24
12

100

100

new

Detroit Edison

30

Jun

common

23

24% Mar 10
108

ctfs for

Escrow ctfs for preferred
Derby Oil Co (The)

8

Jan

3

33

Mar 17

Escrow

8

•10% Jan

30

9% Dec

July

107%

63%

10

.

2,900

107%

60

37%

2,600

*33%

34%

600

37

14

13%

13%

13%

15 %

'9,200

10%

11

10%

11

11

11%

11%

11%

10,000

30

30%

30%

30%

30

30%

30

30%

8,300

9%

9%

9%

9%

1,100

13%

13%

14

9%

9%

9%

9%

No par
50

54%

55%

56%

56%

56%

57%

68%

68%

*68

69 %

69%

69%

70 %

71

1,500

1

28%

29

29

29%

28%

29

29%

29%

3,800

No par

common

*11%

11%

11%

11%

*11%

11%

11%

11%

55%

55%

2,800

28% July

Sep 16

13% Dec

29

33 % Jun

lO

94% Jun 29
17% Sep
75
36

Dec
0

109

Jun
Jun

26

233/8 Mar 10

10% Jan

5

12% Feb

Dr

Co

14% Jan

4

17% Mar

4

Dome Mines

No par

15%

15%

15%

15%

15%

15%

15%

16

86y2 July
43'A July

7

Douglas Aircraft Co Inc new_No par

813A

84%

82%

86%

84%

86%

84%

85%

47,600

43 %

31,100

10

43% Jan

8

33% Feb

2

15

100% Jan

4

103% Mar 26

24% Jan

5

18% Jan

4

2

83% Jan

14

75% Jan

15

30% July 9
91% Jun 30

Feb

13

33

Apr

19

38% Jan

12% Jan

2

7

Jan

4

30

10
4

43

108% Dec

3

118%: Jan

23

971

25 % Sep
42
Apr

14
27

2

30% Dec

47% Apr 23
43 % Jun
4

17% Sep

preferred series A
Co (The)

102% Jan

89% Jun

9% Jan

Dobeckmun

15

July 29

6% Dec
91

13% Feb

29% Jun 24

59% May 14

10

2

6

18

Jan

48

Feb

12
4

10

115% Jan

94% Jan

13

Jan

100'/a Apr

12

50% Jan

5

47% July

23% Mar 11

18% Jan
21% Apr
15% Jan

28

.8% Dec 31.
41% Jun 16

15% Mar 17
47% Dec 18

11

12

28% Jan

156% Sep 30
36% Sep 18

169

Jan

48% Jan

22

8

11

*

Feb

46% Apr

30

24
4

24% Mar 24

85% Feb

3

95

22% Jan

19

May 28

12% Sep
39% Sep

14
21

102

Feb

11

17% Feb

24

.

57

Mar 12

1% Dec

22

2% Apr

15

23 % Dec

29

37% Jan

9

10% Oct

6

22

5

13

Jan

26

33% Feb

4

'

Oct

48% Dec 31
44
30

Oct

6

100

Jan

23

36% May
1 % Jan
23

May

11% Mar
23% Jan

51% Nov 30
60% Feb
4

6
4

6

Apr 26
49% Mar 29

15

37% Jan

8

35% Jan

11

15

18% Mar

2

14% Jan

4

30

14

Jan

6

9% Jun

8

22% Feb

17

15

26% Feb

19

29% Feb

5

21

99

20% Jun

4

6

Sep 18
Dec 22

Mar 13

24% Mar 12

26
92

Jan
Jan

22 % Jan

45% Mar

51

Jan

11

41% Jun

17

Jun

24

29% May 19
101 % July
9

25% Jun

24

8% Nov

27

7% Jan

10% Jun

9

22% Jan

5

16% Jan

-18% Jan

27

22

74% Feb

5

66

Jan

70% Jun

70

Jan

28

15

74

Apr 21

72

Mar

74% Feb

5

For footnotes

see




page

42%

41%

103%

*102%

29%

30%

30%

•89

90

90

*33

9%

142%

140%

139%

144%

No par

Xll9

119

No par

40

*33

104

100

x98

•98

$3.75

118%

1

118%

118%

98%

400

31%

8,800

46

46

*45%

46%

45%

45%

*45%

52%

*51%

52%

*51%

49%

*48%

10

25%
20

—5

49

49

400

51%

51%

52

52%

160

10%

10%

10%

11

11

11

21%

22%

21%

22%

26

26%

26 %

26%

19%

20

19%

20

21%

22%

26

26%

26%

*19%

19%

21%

14%
59%

100

49

51%

*20

-

.10

.

14%

14%

14%

14%

14'A

14%

61

60%

61

60 %

61%

60

171

♦169

♦170

171

22%

45%
22%

170

93%

6,400
..

45%

45%

:

•169

170

700

"

7,900

23,480

171

44%

45

45%

22%

22%

22%

93%

91%

91%

30

29%

10

22%

*91%

.

20,400

30

-

2,300

45%

1,000
80

"

Co

2.50

preferred

Mus Ind

29

100

common

Elastic Stop Nut Co

*100

30%
102

-

1

18%

5

-

39%

2%

2nd

Natural

29%
♦100

102

•100

9,200

102

18%

18%

17%

18%

17%

39%

37%

38%

37%

37%

2%

2%

2%

2%

2%

2%

24%

24%

24%

24%

24%

—

17%

38%

-

24%

2,700
•

10,000

'

74,900

24%

11%

11%

11%

11%

11%

11%

11%

11%

800

26%

26%

*26%

26%

26%

26%

26%

27 %

2,700

50

*49

50

53%

*52

24%
•

—50

*49

—50

*52

3

Endicott Johnson Corp common
4% preferred

Equitable'Gas Co

39%

40%

4

Mfg Co

18%

>19%

5

11%

10

*25%

25

28%

100
8.50

Bldg.

100

25%

52

52%

39%

40%

40

19%

18%

19

18%

52%

300

40 %

7,500

19

<•

4,200

11%

11%

11%

11 %

11%

25%

25%

25%

*25%

25%

200

28%

28%

*28%

28%

28 %

28 %

1,100

*99%

100 %

*99%

100 %

100%

101%

290

25%

25%

100
■

12,400

25%

25%

25%

25%

25 %

10

10

10

10

10

10

10

1,800

16%

16%

16%

16%

17

16%

16%

6.400

69%

69%

69

69

69

69 y8

1,100

*71

75

•71

69

*71

52

40%

19

11

68%

50

53%

39%

50

25%

9%

100

*49

11%

16%

A

50

28%

1

Pittsburgh RR Co

*49

6,000

25%
-•

No par

common

series

102

-•

5

Emerson Radio & Phonograph
Empire District Electric Co

preferred

•100

30%

—10

preferred-

Office

'29%

No par

Gas.

Electric

•

18%
•39%

2%

Amer shares

Elliott Co common
5% preferred

5%

1,900

60 %

*91%

Erie &

*48%

14%
"*•

22%

RR

30

49

51%

10%

21%

1

—10

52%

52%

52%

220

46

52

,93%

Erie

1,780

98%
31%

44%

Equitable

119'A :

98%
31%

*22%

Paso

119

119'A'

98%

*91%

Emerson

2,700
38,100
<

31%

_2

El

139%

31

10%

Manufacturing Co

conv

136%

99

Edison Bros Stores Inc common—1
4%% preferred
100

5%

9%

138%

48%

preferred

&

137

*51%

Corp

4 % %

9%

30%

*51%

Eagle-Plcher Co

Products

40

9%

99

DWG Cigar Corp

Ekco

600

31

preferred

Eaton

91%

30%

>
4%
preferred
--4.20%
preferred

6%

41,700"

50

preferred

$4.15

9%

.30%

10

com

•

19% May 18
11% Jun 29
26

9%

series

9

64% Dec

16

42%

103%

43%
104

9%

..

series

Electric Storage Battery
Elgin National Watch Co

54% Apr

9%

$3.50

Elec

27% Jan

*34

$4.50

Electric Auto-Lite (The)—.

2% July
12% Jun

Sep

23

'

27% Apr

9% Dec

20% Sep

6

Apr 12
18% July
1

3

13% Sep

25% Dec

11

*90

Preferred

104

12

48

89 % Dec

Jun

30% July

4

13% Feb

5

Duquesne Light Co

3

37% Feb

89

40

Eastern Stainless Steel Corp.
Eastman Kodak Co common.

20% Jan

7

*33

1

7

171

30

Dec

40

42%

& Co—

14% July

63 y4 May 24

4

25% Mar 25

2*1%

91%

No par

(E I)

Eastern

94

2

90

Eastern Airlines Inc

1

20% Jun

-91

International

1

5

20

30%

preferred—100

7

16% Jan

Feb

29%

Preferred

1

.

4

83

July

*103%

30

42%

•

26% July

4

Mar

convertible

22% Jun

4

46% Jan
165

July

22% Jun

4

9 % Jan

Mar

52% Mar 8
53% Apr 27

7

20% Sep 22
13% Dec
4

104

29 %

Common

Mar 12

53

7

10% May 15

49

1

51% July
9% Jan

41%
*103%

50c

common

Duplan Corp

2

31% May 25

6

9

8

3%%
Dunhill

12

144% July 7
122 y4 Mar 30

6

28% Jan

5
No par

$4 preferred series A

Dresser Industries

9% Jun 29

12

Dec

19% Mar 27

Chemical Co common

400

6.000

•

11

48% Jan

52

Ltd

du Pont de Nem

104 y8 Jan

45

Pepper

Dow

7

conv

75

*71

75

75

22.

y

5,700

i

!

Number 5341

Volume 180

.

The Commercial and Financial Chronicle

.

.

(167)

HTTP

vVVI

v

NEW YORK STOCK RECORD
Range for Previous
•_

Lowest

Range Since Jan. 1

Highest

Lowest

Sep

14

14% Mar

11% Jan

4

12

Nov

10

16% May
59% Mar

12 y8 Feb

16

2

14

Jan

2

3

NEW

Highest

10

39% Sep

Continued—Paga 8

STOCKS

Year 1953

Evans

9

May 12

49 y4 Jan

4

74% Jun

26

2% Jan

18

AND

HIGH

SALE PRICES

Sales for

Monday
Par

Products Co

Tuesday

Wednesday

Thursday

Friday

July 5

July 6

July 7

July 8

July 9

the Week
Shares

5

14%

15

14%

15%

Inc

15 %

15%

15%

16%

1

13%

13%

13%

13%

Corp.

13%

13%

13

13%

3

8,000

73

73%

72%

73%

72

72%

72%
*1%

72%

2,100

Eversharp

4

1% Apr

July 13

STOCK

EXCHANGE

J 6 % July
14 Vb

YORK

LOW

Ex-Cello

Exchange Buffet Corp

2.50

*1%

2

*1%

:

2

*1%

2

7,400

2

I

21

Sep

14

28% Mar 25

21 % Jan

4

6% Sep

15

10 y4 Mar 25

9% Jan

11

7s

16% Dec

29

14% Oct

May~ 11

22%

13

July

13-/4 May

16% Mar 24

15

27% Jun

1

13% Apr

9

Fairbanks Morse & Co
No par
Fairchild Engine &
Airplane Corp.i

1

Jun

30

v

i6

4

27

Fajardo

19

Apr

18% Jan
16% Jun

1

Falstaff

15% Jun

17

19

Jan

8

17 y4 Jan

5

48% Jun

24

57

Jan

14

52% Jan

11

21% Sep
10% Sep

21

34% Apr

14

15

18

Sugar

20% Jun

29

26

Jan

27

9

13% Feb

24

16% Apr

8

66% Mar

9

58

Feb

18

64 % Apr

5

Sep

14

48% Feb

24

5%%

1

3% Apr

8

56% Apr
5% Jun

8

31

53% May
7% Apr

4

3% Dec

10

Federal

Oct '

40

22

Mar

Oct

1

27% May 21

23

Jan

19

35% Sep

14

48

5

38% Jan

4

1

105

29

13

94

July

8% Dec
19

Oct

<7

-67% Sep

8

53% Sep
101% Jun

15

41

May

7% Dec
25 Vb

Sep

Oct

54

8

Dec

4

10% Apr

38

Felt

2

4

26% Apr

13

Ferro

Feb

15

94

12

23% Jun

63

Jan

12

105

Apr

7

49 y4 Feb

17

76

26
21

71/2 Mar

Mar 25

11

7

28 y8 Jan

39% Oct

21

8% Jun

16% Jan

29% Dec

9

38% Jan

8

(The)
Co

47% May
17% July

5

Florida

Power

8

Follansbee

Steel

Food

Stores

3

Jan

5

93% Jan

7

43% Jan

2

37% Jan

12

Fair

Common

Sep

16

33% Oct

6

81

Jun

9

89

Jun

99

26

July

Food

"when

com

Mar 22

4

64% May 14

7

13

July

Froedtert

Mar 18

69% Jan

4

81% May 13

4% Sep

15

3

5

15% Sep
6% Sep

15

20% Jan

28

19

15

8y8 Apr

13

25%

25%

x45

45%

453/4

1023/4

1023/4

9%

95/a

*9%

x

23%

24%

23%

24%

23%

92%

93%

92%

93

93

45%
104

22%

22%

22%

74

74%

106

106%

54

54%

54%

8%

83/8

33%

100
20

35%

par

46%

CoII.No

45%

103%

*9%

9%

200

23%,

23%

23%

7,500

93

94

94 :

2,400

i

77

9,400

787/a

10,700
90

106

56%

55%

553/4

1,300

5/8

8%

8%

8%

S00

34%

11,600

8

343/8

34%

34%

34

♦99%

20

19%

19%

19%

19%

35%

35%

36

36

36%

36

36

47%

47

47%

467/a

47%

47

16 %

16%

16

44%

443/4

106
*97

106

467/a

2,800

153/4

17%

16%

17%

19,400

45

44%

44%

443/4

45

36%

*35%

99

471/4

104

97%

200

3,000

16

'

:

180

100

*99 %

100

36 Va

*98%

99

463%

46 3/8

47

104%

"103%

104

46%

105

*97

104

4,300

9,000
170

30

97%

97

97

97

97

26%

2 7'/a

263/4

27%

27

28%.

*7%

81/4

*7%

8%

10%

11%

11

11%

603/4

61%

61

63%

13

13

13

26%

26%

267/8

6,300

78%

30

I_io

26%

No par

7%

8

1

10%

11

10

61%

613%

13

13

*12%

13

*12%

26%

27

263/4

27

26%

_100

77

77

1

*6

6%

1

23

235/B

23 %

233/s

23%

23%

23%

233/4

12,900

71/4

7%

73/a

7%

73/a

7%

7%

5,800

387/a

♦38%

333/8

*

Corp
Co

Sugar

I
"•

Corp

Fruehauf Trailer

4%

22%

77

106

100

44%

100

300

•

*19%

1

joo

13,500

55%

8 3/s

100

10

of

-

22 3/8

223%
106

106

55

33%

333/4

99 %

*19%

443/4
103%

93%

74%

106

1,900

45%

22%

743%

73%
106

600

2,900
r.

103 %

45 3/8
103

223%

12.50

common

Franklin Stores Corp
Freeport Sulphur Co

Jan

6

26%

1_100

_

11

Jan

253/4

10

preferred

45% Jan

79

253/4

*98%

14% Jan

22

253/4

*353/4

13% Apr 13
51% Mar 17

Dec

4%

25%

36V2

15

68

51%

4%

99

28% July 9
9
May 19
11% July
8

27

62%

51

46%

4

4

*60

4%

*98%

11

23% Jan

61 %

49%

4%

*35%

Jan

27 y4 Mar 24

15,700

49%

48

6% Jan

6

10,400

143/4

•„

45/a

50

36%

Fra«.Cisco

100

23 y«

14

4%

493/4

99

Foster-Wheeler

57%

223/4

14

57%

4%

8%

ser

convertible

15

*58%

51

9%

"

preferred

21% Sep

61%

61

*49

47%

3% a

10

*59

*59

Day

*57

300

23%

•.•'"■

♦98 %

3%%

9

13%

*35%

1

1

23

14%

10

Mar 16

30

May 15

57%

23%

14

15

July

9% Dec

57%

23%

14%

issued"

100

39% Sep

♦56 %

23%

13%

7%

pfd

106

19

57%

21%

'51

div cum

6

20

*56 %

Independence

No oar

Inc

4

13% Apr

15,200

9%

Ins N Y

Light

,88% Jan

23% Jan

2,200

187/a

*102%

Corp

'94%

29

15%

18%

Machinery & Chem Corp

$4 20

6

&

12

15

15%

18%

5

Corp

27

6% Dec

15%

18%

x

Jan

Jan

15%

common.No par

96% Jan

103

14% Sep

10

100% Mar 19
48

153/4

18%

No par

47 % May 18

6

31% Dec

143%

15%
18%

_5

Co

11% Jan

17% Jan

11

92

(The)

$4 preferred
Florence Stove

30% Jan

31

143/4

*14%

15%

Carpet Co

Power

11% Dec

*14%

4,100

18%

j

Florida

22% Feb

140,700

100

~
_

8

9

common

Mfg Co

Corp

Flintkote

23

33,300

%

*25%

First National Stores

24

123/a

143/,

A

14%

15

4%

Stores

36% July

31% Jun

50

Corp

Firth

May 14

21% Apr

A_

Firestone Tire & Rubber
4%% preferred

17

34% Jun
103

Dept

Tarrant

Filtrol

263/a

12 %

%

15%

series__I_50

1953

preferred

&

26%

12%

%

18%

CLOSED

ser

26%

12%

%

Corp

Fidelity Phoenix Fire

21

56% July

8

98% Jan

27

32
100

July

4%%

78% July
9
107% Mar 19

25% Jan

Feb

24% Feb

18

Sep 10
16% Aug 24
21 % Jun 10

93

104% Mar 26

4

14% Jan

pfd

pfd

Fawick

Federated

20% Jan

5

series B

cum

conv

common

Federal-Mogul Corp

8% Jan

13% Mar 17

30

8
24

99% Jan

18% July 30
75 % Jan
6
107

July

45% Jun

2

86% Jan

1

26 %

conv

15

Mar

Jan

29% Jan

14

13% Jun

Jan

5%

26

12%

%

STOCK

Fansteel Metallurgical
Corp
a
Fedders-Quigan Corp common_r__l

preferred

26%

12%

%

■

EXCHANGE

™I

Brewing Corp

Family Finance Corp
5%

26

12%

i's
*14%

.20

19% May 27
57% July 8

9

48

Co_

26%

12%

26

Rights

1

common_~I_l

Co

preferred

263/4

103/4

11

61

61%

*77

78%

500

8

73/4

*77

78%

*77

15,100
4.200

3,100
300

Q

33% Dec
20% Jun

21% Sep
22% Sep

7y8 Mar

30

May

5

6% Jan

22

Gabriel

Jan

4

23% Apr

15

Gair Co

6% Jan

4

38% May 19
27 y4 Jan
2

34% Jan

6

39 % Apr

13

34 y2 Apr

30

22 y4 Jan

4

30% July

15

33% Jan

20

24% Jan

7

Ow /to

3% Apr

12

4% Feb

10

7

28% Feb

11

14

23

7% Mar 12

37% Mar 12

21% Aug 31

25

29 y4 Mar 24

May

22

25 y4 Jan

20% Jan

Dec

22

27% Jan

5

98% Jun

24

104% Feb

6

103

31

Sep

15

40% Dec

18

38

10

Nov

19

155

4%%

31% July

9

Gayiord

2

General

107

Jan

13

55

Jun

23

11

Jan

6

148% Feb

4

May 26

$4.50

$8

137%

25%

25%

13%

13%

71

Feb

2

76

Apr

9

36% May 24

Dec

28

129% Apr

2

122

Jan

15

10% Nov

9

11% Dec

7

11

Jan

46% Mar 24

36

48% Mar 24

39

117

29

July

4%

Feb

26

8

12% Jun

30

Jan

4

53% May 19

Jan

4

56 y4 Jun

128

1st

4%
7%

General

31

July 28

35% Jun

16

37% May 17
8% Sep
50% Jun

11% Feb

15*
23

61% Dec

18

94% Jan

2

9% Dec

31

14 y2 Mar 19

52

61

Jan

Jun

17

113% Jun

22
11

119

53% Sep
112% Jun
91

Sep

21% Sep

5

68

4

123% Feb

20

15

69% Feb

4

58% Jan

4

2

123 % Jan

5

118% Jan

4

99 y8 Jan

14

Jan

4

5

22% Jan

11

15'

95

48 y4

Jan*

21 Vb

27% Mar 23

25

Jan

59% Dec

8;

57 y4 Jan

21

10

4%' Jan

5

3% Jan

29% Dec

28

28 Vb Jan

25

18

37% Jan

21

14'!. Dec

15

25% Feb

40% Nov

12

51"

86% Dec

30

f

96% Mar 16

19

~

Sep

Preferred

1

General

6

31% Jun

30

18

104% Apr

26

5a

4

-14% Jun

22

General

.,20% Apr 28

3

•23% Feb

v

23

"Jan

12

87% Jan

6

41

25 y4 Sep

31% Feb

22

100

2

25 % Jan

•.

r
»•

7«?

32

■

8

Sep 18
34% Mar 11

29 y8 Jan

4

35% July

16

85

May 11

75% Jan

4

86% Jun 25

July 29

76

Dec

1

72% Feb

16

18% Jan

15

10y4Jan

4

69

9% Oct 28
32 y4 Jan

49% Dec

2

14-

Dec

16L

106

96% Jun

23

12% Sep

15

79% Apr

13

82% Oct

46

16% Mar 25
2

21% Jan

•

u

12% July
:

'Jan

8-~-

10% Jan

28% Jan

4

6% Feb
137% Apr

20

15

8% Jan

20

130% Jun

30

139% Dec

31
5

Mar

14

19

60% Sep

21

80% Jan

43% Sep
102% Jun

15

59

2

108% Feb

4

105% Jan

4% Dec

29

9% Jan

20

4% Apr

•35% May 25

:

7% Jun
150

-

Jan

15% Jan'

2

Sep

9% May

7

77

27

52% Jan

Mar 19

12

21

~4

27% Jan

2% Mar 25

iy4 Jan

19

9% Feb

25

7

26% Jan

18

34% Dec

30

31% Apr

28

i«y4 Sep

15

20% Jan

5

14% Jun

29

85% Oct

1

33% Mar

.V:

47%

10%:

ii

10%

x65%

72%

11

'

♦121

78%

775/8

783/a

124-

125

65%

65 3/4

121%

100

1

•j

99%

9 9 3/8

993/8

273A

27%

27%

62s/8

62%

62%

64

7,200

45%

46%

45%

45%"

8,600

62%

62%

47%

45

94

94

3%

31%

31%

103%

21%

313/a

22%

V.

22 %

22%

22

22%

22%
*51

•; 98

34%

29%

29%

ij • 34% •343/8
29%. 293/4

98

293/4

15

98% Jan

28

86 y2 Jan

34% Dec

31

33

86% May 22

97% Feb

4

7

Dec

22

16% Jan

28% Dec

30

Apr
94% Jan

39% Mar 17

14% Jan

5

Nov

30

19% Nov
56

7% Mar
29

128% July 17

19 %

141

1% Feb

18

9% Jun

11

40% July
17

5

92% May 14

37% Mar
100

8

2
4

2

8% Jan

5

31% Jun

3

.24% Jun

2

Jan

4

Jan

11

Jun

4

,

34%

11%
60 3/4
•121

.

r

16%
86

613/4

4

68% May 17

.

16%

*83

.

i

11%
34%

34%

7%

t,
,

7%

*146%

__10

12%

__10

149

;

12%

97

Rubber—

67%

-

.v.

145% Mar

4

31

73

Apr

9

2

28

Jun

18

33% Feb

1

19 y8 Sep

18

23% Mar 25

20 y2 Jan

8

22% Apr

19




22.

I

78

Mar 22

,

35

•„

Grace

(W R)

&

Grand

Union

Granite

Inc

5%%
Grant

Co

No par
5

3%%

(The)

cum

10

preferred

(W T)

Co

common—12.50

500

126

16

4,900

16%
85

*83

5,100

12%

13 Vs

14 Vb

34'

34%

5.000

7%

7'

7 Va

4,300

.146%

13

U

,66%

>

146%

<

149

.

149

•

•

20 ;

12%0

12 3/4

13

2,200

98

12%
96

•

973/8

973/4

101

5,300

i

5%

2" %
'

-

•

30

37%

•

.

„*5%

673/4,

*10.7%

108%,'.

5%

673/4

29%

30

3 P%

38%

,

..

3°

1%

1%

l3/8

1%

9.

_

9

83/4

40%

40%

15

com

•,

40%

15%

15 %

,

*90

92

37%

37%

37%

97

97%

*96%

8

8

8%

*31%

32

*

.

100

53/4

7 >0

30%

30 %

3,200

38%

,

39%

14,800

1%

1%

1%

15,600

8 3/4

8

9

39

1%
8%

,

39%

15%

1,600

39%

'

39%

2,500

15

39%.

15%

'■•■.

10,990

1083/4

5%

30%

293/4

6«%

*107%

5%,

38%

15%

39

♦90

1

>.

83/4

100

preferred

.

66%'

>66%.

.

5 S/8

"t.

108 % .10-

108%

*5%

•

100
5

common

Gravson-Robinson Stores

15%

5,400

'

913/4

91%

91%

100

37%

37%

37%

37%

37 %

1,800

98

97

97

97

97

♦90

913/4

110

*

8

8%

•31%

32

8

32

8

*31 V4

8%

4,100

32

—No par

*31%

Northern Iron Ore Prop__No par

23%

233/4

23%

233/4

23%

23%

67%

673/4

"67%

68%

66%

68

6734

67%

3,490

29

29% i

28%

29%

18,400

19%

)Q%

1°%

1^%

2,700

$2.25
Gt

*107%
-.7

new_4

No par

Steel

9,500

62%

*123

t

Co

City

62

10,660

34%

7

149

12%

12%

333/4

.

7%

*146 %

40

76%

12%

16%

10,066

86

♦75 Vb

85

0

353/8

85

12%.

16

102

♦100;

'>11%

34%
t.

953/4

97%

66%

.

.

No par

Batteries

50

'

Graham-Paige Motors
Granby Consol M S & P

Great

conv

preferred

Northern

Western

Dec

page

Gould-National

Northern

78

-

125%

0*83

.

11%

11%

34%

_100

No par

Great

40 Ya Jan

600

'

Hosiery

Great

15

293/4

♦29%

63%

,125%

/

85-

:--•'

7%

.

..

l_1

preferred

26

22

For footnotes .cee

$5

Gotham

25

29% Dec

13,600

35

62 %

124 %

11%

2.50

10

20% Feb

64% Apr

34%

102

343/4

62%

124%
16 %

61%

*83

*75

11%

125

xl6

*

,

No par

F)

&

:•

.

113/4

••

<

„_5

Common

29% Jun

9

17% Jan
131 y4 Jan

Mar

4

17

2

6

May 27

98

34

30%

*100

102

•100

102

*100

No par

f

19

54

Mar

9

4

9

Mar~27

8

12

27

Nov

27

1

Jan

9

16

51

98

34%

;; 34

51

"

preference_-.No par

(B

200

51%

98

.

4,600

98

*51

51%

51%
983/4

11%'

Tire

•

10

l,3uU

22 3/s

11%

9

l,7f>0
>

14

76%

Lie

31 %

,♦102% 104%
*i3% • 14

104 %

13%

'

*75%

Telegraph Co

7,500
11,000

14

4

34%

51%
♦98

par

4

33

31

31%

31

•102%

200

92

3%

'

14

700

323/4

4

32%

32%

104V2

*102%,

,

14%

14

3%

32%

*89

92

*90

4

32%

313/4

103%

I

94

3%

4

32%

..

"■46%

76%

Gold & Stock

600

99%

76%

Brewing Co

1,000

27%

•75

Goebel

1243/4

623/a

100

Gleaner Harvester Corp
Glidden Co (The).:

76 900

273%

32%

2.50

preferred

100

80%

273/4

preferred

$4.50

120

77%

*99%

94

par

1

^

2,700

135

993/4

46%

_1

1

common..

653/8

65

27%

62

10

Co common

4,300

121

86

(The)

83/4

99%

*85

Brothers

95-

124.%

34%

convertible

5,700

72%

27%

par

10c

com

2,500

11

121

124

124

300

83,000

*129

78%.

77%

124

\

135

26,900

51 Va

8%

121%

•130

129

2,000

543/4

,70%
V

85%

.$5

60

! 12%

♦93%

9

121%

129

'

010%;

95

83/4

653/4

643/4

66

*93%

9

85%

Gimbel

500

3,000

128

463/4

*53 %
40

f"

34%

Co

Feb

'

72%

96

8%

135

72%

72%

*93% :

121%

•130

Gillette
\

493/4

51 Vo
54

86 %

Goodrich

39% July

4
*

Jan

29% July 16

17% OCt

it

50
54

46%

-

.

34%

Good-^11-Sanlord

30% July

1

22

52

10%

•

513/4

54%./ 54%
47% '

>'46%;

47%

*85

9

6% Jun

•

Dec

7

50%

51%
'56

100

7

109

5

6% Jun

1

'

'

29 y4 July

24% Sep

12 %

preferred

July

101

4

12%

71% "•73%

20
Corp common.No par
preferred
100

68% July

3

Jan

Co

Corp

Goodvear

11

12%

-

"

1

-

370

22

12%

♦121

Georgia-Pacific Plywood Co

25

14% July -9

4

353/4

3%%

8

8

76

35%

22

4%%

9

85% Jup 28

-

26

14

63 % July

125%.July
t16% Jun

'

Time

4%%

75%

35%

12%

12%

100

General Tire & Rubber

9

Mar 18

4

9

23

6% Dec

12

4
~ ,

38 Vb Mar 20

10% Sep
27% Oct

-

80

7P

11

Jan

105% Jan

13% Jan

100% Apr

28

Jan

•99

,

Cement

Steel

General

76

35%

*126%

47%

*

-

No par

Advertising No

Castings $0 pfd
No
Telephone Corp new

15

''

124%

Shoe

Sep

*54

"

77%

Gen

74% Dec

V

common._4._5

General

«

17,900

127%

100

preferred

6

Apr 21

7,300

133/4

21%

100

Refractories

22% 8ep

99

7

No par

Realty & Utilities

General

27%

13%

76
;

137%

263/4

13%

127%

83/4

General

20

Apr

960

137%

27

213/a

par

37% May 21

136 %

13%

127%

96%

26

51% July

-C 101-

33% May 11

9%

213/a

8%

preferred

'

Apr

50%

Day

General Public Service
10c
General Public Utilities
Corp
^_5
General Railway
Signal com.No

9

2,600

9%

127%

*93%

Eqp Corp
$2.90 convertible preferred-No

19

July

30

4,000

93/4

21%

1

Precision

July

2,000

253/4

36

No par

series

Portland

Jan

.

$3.75

Outdoor

General

Apr

12%

Independence

No par

General

4

8,700

26 V8

1363/4

!.

76%

*35

31%
106

9%

127%

*126

No par

com

Corp

9

12% Jan

100

let

Motors

6

33

*76

36

100

52%

52

53

523/4

53

53

76

21%

CLOSED

££l

preierred

25 y4 Mar 26

16

Oct

100

May 11
2v
10% Jan

General

July

94

18

93

Foods Corp
preferred

preferred
3%% convertible
<5

EXCHANGE

5

5%

9

>

76

353/4

STOCK

conv)__Nopar

new

Corp

47% July
'

4

10

Finance

64

4

.

3% Dec
23% Jun

July

cum

27% July

4

15

3

May 25

80 y4

8

Sep

$3.50

100% Mar 30

•25% Feb

15

124% Mar
134

($2

General Instrument Corp
General Mills common

125% Mar 30

119

2

54% Mar 30

65% Dec

Genera!

May 27

Jan

14

42% Aug 31

Sep

General

1

10

Dynamics Corp common^_3

Preferred

8

Jan

Corp—
preferred

General Electric Co

23

Mar

11% Feb

100

*

3,. JO

Contract

series

General

2
25

73% Jun
101

8

21

60% Jan

9

124% Jan

Jun

106

Jan

8y4Jun

94

6%

18

July

48% Jun

4

56% Feb

16

88% Jun

5

9% Jan

26

11

preferred

2nd preferred™
50
Cigar Co Inc com
No par
preferred
100
conv

General

8

303/8

303/a

30 %

257/8

*1363/4

Jan

*27

105 %

14

26

0

4 %

273/4

*4%

4%
28

26%

26

78

2 \

105 %

137%

6

313/4

26%

133/4

com

31

105 %

25%

Corp

Corp

31%

26%

136%

Bronze

2,600

105 %

5

General Cable

800

29 %

263/8

No par

General

6

33%

28%

105 %

No par

preferred

9

July

*33%

*26 3/8

303/4

30 3/8

30 '/2

1

-93/4

14

22

30 %

♦38%

33%
29%

4%

4%
28

9%

27% July

30% Mar

1.66%

Investors

4%
*27

93/4

4

17% May

4%
273/4

9%

4

8

Corp

41/4

273/4

533/4

18% Jan

2

1

50

com

preferred

300

39

39

33 %

31%

313/4

53%

10 Va Jan

19% Jan

31%

Amer

Mar 25

35% Mar 25

315/a

105%

14

10

311%

600

6

*57/a

6

29

'30

25%

22% Mar 17

16

293/4

33'/a

♦105 «/4

5

May

303/4

100

15

16% Jun

33

293/4

com__l

9% Sep
70

39

32%

2

Inc

*38%

preferred

17% Jan

29% Sep

38%

50

.

6

6

Transportation__2.50
Baking Co common
5

General

138

Mar 24

6

5

Container
American

General

29

Mar 25

7%

No par

convertible

18

5

preierred

Garrett Corp (The)
Gar Wood Industries

9% Jun

14% Mar 18

1

couveiuuie

o,t

common
common

(The)
Gardner-Denver Co

27 Vb Jun

4

Jan

(Robert)

Gamewell Co

6
<60

4MJ.UJ

(The)

Inc

Gamble-Skogmo Inc

1

Jan

27

14

July

8

28% Jan

10

3% Sep

142

July

21

25% Sep
20

7%

Co

Paper

Co.™

Ry Co~
Sugar com

25

No Par

28 %

29 %

28%

29%

No par

1 Q%

19%

19%

1"%

139%

140

100

:...... *74%

76

1

30%

30%

Greenfield Tap & Die Corp__No par

21%

22%

preferred
Bay & Western RR
(H

L)

Co

Inc

•r

.

•

23%

5,290

140

140

75

75

*75

30%

30%

213/4

213/4

213/4

•

110

7«

74%

77

3*%

140

100

7%
Green
Green

23%

?°%

39%

3,500

21%

213/4

22

2,400

140

140

140

109

15

16

The Commercial and Financial Chronicle

(168)

NEW YORK STOCK RECORD
NEW

Range Since Jan. 1
Lowest

Highest

Lowest

LOW

STOCK

YORK

Monday

EXCHANGE

Highest

AND

HIGH

SALE

Monday, July 12, 1954

.

PRICES

Wednesday
July 7

Tuesday

July 5

July 6

Par

.

Continued—Page 6

STOCKS

Range for Previous
Year 1953

.

Sales for

Ihursday
July 8

Friday

the Week

July 9

Shares

Greyhound Corp (Thej—
14% Mar

Common

4

11% May 21

95% Jan

7

90% Jan

7

96% Jun

22

28% Jan

29

22% Jan

11

303A Jun

2

Grumman

31

8 % Jan

9

4% Jan

4

5% Feb

2

Guantanamo

33% Jun

24

2

14.% Dec

87% July 31

19% July 28

12% Jan

4'A Dec

26% Dec

29

38% Jan

5

26% Mar 29

66% Sep

21

77

5

68% Jan

4

77% July

41'A Sep

14

50% Mar 27

45% Jan

4

60 %

4

4%%

——

3

.

IP/4

12

113/4

11%

20

22

Jun

"90

28% Dec

Jun

103'A Jan

Sugar

94%

94%

943/i

94%

94%

94%

94%

250

27 %

273/i

27%

28

21 Va

28 %

27%

27%

15,300

*4%

—

Gulf Mobile & Ohio RR com.No par

97

July

2

105

$5

States

34
104

Jun

Common

21

108'A Feb

10

July

2

8

105

Jan

5

35

Jan

27

413A Jun

2

28

H
32'A Sep
23% Sep
16

36% Mar

15

30% Dec

15

Jan

2

30

18% Dec

29'A Feb

31

17'A Jan

20% Apr

13

14

Jan

23

30

71

Jan

30

»63% Jan

5

70

12 % Sep

15

16% Jan

5

12'A Jan

4

30

203A Jun

100

Jun

8

22 % Sep

15
9

131

July

22 % Dec

105% Feb
Feb

2

Feb

2

29

4% Sep

2

5

5% Jan

4% Jun

25

21

18% Jan

9

Mar

21% Dec

7

78%

Juii

15

31

Jun

22

34 % Jan

22

91

Apr

20

97

Jan

21

21% Dec

29

2 6 "A Feb

5

21% Jan

34% Dec

2
5

Nov

,

7

28

4

89

31% Apr

19

35

Jan

94% Jan

22

98

Hecht

22% Feb

3.65%
Helme

10

5

89% 4pr

15

18% Mar

1

27 %

Mar 27

14

91

Feb

2

15% Jan

6

20

Dec

10

16

12% Mar 11

10% Dec

31

22

4% Dec

30

Mar

7% Jan

9

6

52

54'A Feb

May 26

10% Jan

9
May 13
4
10% Jan

5

July

9
18

143A Mar 19
7 % Apr

Jan

1

14

Sep

11

17% Mar 23

14

Jan

18

May 18

25

Dec

15

28% Jan

2

25% Jan

27

Apr

27

32% Dec

30

41% Mar 10

33% Jan

433/4 Jun

7

56% Jan

783/4 May 26

5

22

58

*103%

104%

'103%

104%

31

31%

31%

*135

*135

138

24%

24%

24%

6

37

6

6

37

*36

363/4

12%

12%

12%

4%

4%

4%

4%

4%

4%

4%

6,300

19%

3,900

193/4

193/4

19%

x21%

21%

21%

21%

*213/4

22

*84%

87%

*84%

87%

*84%

87%

*85%

♦33%

34

*33%

34

333/4

33%

3334

96

*94%

*94%

20

57

29

Hooker

95% Jan

12

103

Mar 31

116% Mar 19

108'A Jan

22

123

Jun

131/4

Jan

4

33

32

Dec 29

36% Jan

30

Jan

July 20

57% Feb

24

48% Jan

18

93% Feb

3

8 4'A Jan

6

9

Mar 25

91

July 17

99% Jan

5

96

Jun

19

103% Jan

13

22

Jun

22

29 Va Dec

54

Sep

15

14

Dec

29

79
May
17% Jan

21% Jan

6

9% Sep 14
3% Nov 18

8

16
7

22%

36

36

$2.25

3%%

102% Jun

4

12
23

11

1

64% Jan

8

86

Jun

7

15% Jan

6

18

May 25

11% Jan

4

15% Jun

2

Howe

2% Mar 25

4% Jan

5

Hudson &

2

7

153/4

35% July

9

Mar 25

9
2

86

86

85

86

85

85

84%

843/4

123 %

123%

4

48% Apr

14

19% Jan

8

5% Mar 19
24

Jan

5

13% Jan

14

20% Jun

40%

52%

Co

Co

525/«

41

*52%
29%

30

153/a

26%
*9%

15%

15%

*70

>122%

124

41

*40%

41

53

*52%

53

29%

29%

15%

15%

71

*52%

2,600
50

41

1,000

53

100

29 5/a

15%

30%

2,900

15

2 9 3/4

15%

2,900

71

*70

71

84%

85

85

*84%

85

26%

26

27

95/8

95/8
13 %

27

110

27%

12,900

9%

95/a

*9%

95/8

1,000

13%

13%

13%

133/s

1,600

*53/4

6

*5%

6/

41

*70

*13%

,10
13%

13

124

6%

*53/4

6%

16 5/8

16 %

16%

16%

16 3/s

263/4

*26%

26%

26%

26%

*26%

41%

41%

415/8

41%

41%

41

4134

6,100

673/4

68

67%

67%

66%

69

68

68

3,500

*76

77

1,300

101

101

16%

com.-.5

of

16%

163/4

76

76

No par

*100

101

*100

101

'100

101

No par

120

121

122

122

>122

125

'122%

—3

15

15%

15

15

14%

*35

35%

35 %

35%

57%

58

58%

58%

94

91%

93

*91

1003/4

'1003/4

102

>101

'103

105

►103

105

14%

153/a
35%

57

57%

93%

93%

*1003/4

105

No par

34%

(Del)—25

*75%

*93

102

*103

14

Hunt

11

3% Feb

3

Hupp

Corp

4

26% July

6

Hussinan

44

Jan

4

51% Apr

29

Idaho

9

497s Jun

24

Illinois Cent RR Co com new.No par

14%

31/4

*3%

77

"4

77%

35%

35%

35%

58

15%

300

35%
58

1,500
280

74%,

120

35%
75

8,000

76%

75

18

18

18

17 %

17%

500

143/8

13%

14%

13%

14%

6,800

3%

3%

3 %

3%

33/8

75
*

8%

*8%

8%

*8%

8%

*8 %

47 %

47%

475/8

47V2

*19%

20%

20

800

473/4

19 %

1..800

8%

47%
19%

19%

193/4

3,200

92%

35%

35%

20

630

124

473/4

47

25/8

23/4

2%

25/s

25/s

25%

1
No par

—

Refrigerator Co

75%

*17%

14%

*8%

—100

Bay Min & Sm Ltd—No par
Foods Inc,
6.66%

2% Jan

76%
*18

3%

Hudson

76 %

35

14%

Manhattan Common—100

20% Jan

1003/4
*103

35 %

*17%

1>
——-1

preferred

100

102

105

75%

100
100
-100

Texas

Corp

2,100

27

50

Co—

noncum

*122%

122%

40%

40Va

43% Jun

29

14

122%

800

*26 %

preferred

Stores

Sound

5%

Apr 22

38% Jan

Oil

Houston

Howard

80

16

No par

Corp

preferred
preferred
Houston Light & Power

2 8'A Jan

14% Mar 11

153/4

4.40%

24

May 21

2,200

22%

36%

153/4

4%

105

215/a
*36

16%

preferred

17

3 6 3/4

500

12.50

Mining

conv

29

Apr

1

22%

700

87%

16%

Household Finance common—No par

59% Jun

96

22

16%

Sons.——

preferred
$4.20 div 2nd pfd ser B
Houdaille-Hershey common

96

22%
*36

V2

22

16%

(conv)—No pax-

Electrochemical

Feb

Mar 11

59% Feb

94% Jan
101

30

16% Apr 26
35% May 25

7

42

17

Jun

*.94 %

22%

19

19%

No par

$4 25

80

Jan

96

22%
36%

22%
*36

19%

No par

&

1,200

96

*94%

10

—25

common

30
.

34

_100

preferred

2,300

36%

123/e

Holly Sugar Corp common——
10
5% conv preferred-——
—-—30

4

6%

36%

12:%

*5%

2

Feb

6

9,800

12%

25

common..

1,800

2 8 s/8

12%

5

Oil

6

31%
138

26%

43/4

._1

Honolulu

31%
*134

26%

5

(Charles E)

Homestake

31%
138

243/4

50

104%

15

common

(A)

31

*134

24%

*103%

400

5,300

12%

Holland Furnace Co„_————_—5
Hollander

31%
138

*36

5%

5%
*36

5

Hires Co

31

15

15

104%

100

Hotels Corp—

Hilton

Dec

Sep

2% Sep

♦103%

50

$4% cum 2nd pfd

64% Jan
102

12

12% Dec

18 3/4

255/8

81% Jan

29

72% Sep

18% Sep

15%
68

18%

26%

8

Oct

15%
68

19%

84%

Apr

7

15%
69%

18%

86

78

36% Oct

*15%
*68

19%

'85

4

80% Jun

15%
69 %

19%

71

Jan

7

15%

*68%

193/4

*29

11

68

103% Oct

15%

69y2

19%

Day*

*70

14% Jan

7

16

15%

*68%

Independence

—5

2

Oct

1,200

Heyden Chemical Corp common—1
3%% preferred series A—
100

11

18% Feb
73% Jan

Jun

4,800

18%

Hewitt-Robins Inc

26% Jan

11

Aug 19

Sep

200

47 3/8

18 %

13

14

12 % Sep

90

41%

46%

1834

21

23%|Sep

47

41%

47

18'%

18 % Apr

14

55

41

46%

32'A 4nr

53% Apr

_50

106%

41

16

4

43% Mar 31

*105

19 %

5% preferred
100
Hershey Chocolate common—No par
4%% preferred series A—
50

125

18

Jan

1

46%

Mar 16

2

38% Jun

68

106%

5,500

106%

41

May 28

6

121% Feb

3

*105

33
105

106 %

183/4

Powder

6

32%

*103V2

106%

46%

Hercules

9

33
105

106 %

*40%

Motors

44% Feb

6,900

19

Hercules

74% Jan

15,500

47

1

126'A Jan

200

54%

41

17% Jun

17

77%

54

19

13% Mar 12

15

15

32%

773/8

46%

9

10

31%

*40%

...

CLOSED

36% Apr

Jun

8% Sep

STOCK
EXCHANGE

5

Feb

37% Sep
48% Jun

62

106'%

35

89

60% Sep

W)

non-cum

*105

———1
—2

preferred

(G

7%

Co

107

1

common

common

J)

200

54%

32%

107 %

—10

preferred

(H

Heinz

14

5

32%

*103%

105

*106%

'

.-100

—;—

Marx

&

of America

Co

54%

33 Va

*103%

107%

20% Apr

2

113

2.50

preferred

3%%

Mar 11

26

100

-

Hazel-Atlas Glass Co—.

May 21

Mar

85

32%

105

No par

com

Hayes Industries Inc—
Hayes Mfg Corp—

24% May 24

21% Jun 25

5

___5

Co—

preferred

Corp

*4%

77 V2

*77

54%

*106%

•"'

:

(M A)

4 % %

9

213A Jun

4

Hat

3

32%

77%

*105

'

38% Mar 13

14

13% Dec

29% Jan
87

6%

14

Jan

6

Paper

Hart Schaffner

33%

33

'

Co $4.25 pfd__No par
Harbison-Walk Refrac com
15

9

July

Co

preferred

9

6'A Jun

1374 Jun

Watch

conv

Hanna

May 13

36 3/4

6

17

32

8

Jan

4 '/o

Hammermill

May 27

28% July

19

Jan

11% Feb

8% Mar 12

23

Dec

23

14% Mar 20

36

Sep' 12

17

32 3A
140

15

25

Printing Co

3

32%
>

5

n

i

Water

(W F)

Hamilton

May 12

105% Mar

4

Jan

22% Apr

13
7'/8 May 20

24

11% Jan

24% Jan
131

26 % Aug

14

31% Dec

2

102% May 11

10

31

145

Hall

53%

54%

*103%

100
100
100

Hallburton Oil Well Cementing

16% May 12

11% Aug 27
61% Dec

12% Mar

Hackensack

77%

*4%

'

533/4

No par

—

$4.44 dividend preferred

106% Mar 26

32%

77%

*77

4%

Co—

$4.20 dividend preferred
$4.40 dividend preferred—

1

48 % Jun

Jan

Utilities

4%

5

32%

31%
1

preferred ————No par
Oil Corp
25

5
15

May

31,200

943/4

Gulf

29

26% Jan

8

12

1

Corp

7

103

16

105% Jan

11%

100

Aircraft

May 20

100 % May 26

16

1
24

July

92

12

1-—1

preferred

Gulf

Jan

11%

26%

25%

26 %

25%

26

483/4

49%

.2%

5,300

1,500

20

2%

23/4

4.000

26 Va

26%

3,600

49%

49%

I
40% May 25

48% Mar 25

56% Jun
35% Jun
44

May
Sep

46

49% Jun

16

3 %

4

40

50

Jan

5

48% May 21

51 % Jun

2

52

Jan

7

50

53

18

27

84

Sep

151

Apr

23
1

Jan

48

May 25

54% Mar 11

52% Jun

15

52

Oct

21

51'A Jan

4

11% Apr

13

8% Jan

11

6% Mar 16

56% Jan

July

9

22V2 May 18
2% Jun 30

4% Mar 15

7

39

Jan

21

101

Jan

28

97

Jan

4

131 %

July

23

160

Jun

Jan

49% July

90

Jan

9

2% Jan

7

2

31%

321/4

33'/4

323/4

*963/4

98

963/4

1

163/e Feb

1

Interlake

306

May 11

May 13

323/4 Jun

6

13

94

Jan

5

32% Apr
353A Apr

an

3

169 3/4 Mar

4

Jan

23

Feb

3% May 21

Iron

Business

Int'l

Harvester

7%

Mach

preferred

5

34% Jan

4

130% Jan

4

12% Mar 18

9% Jan

4

13% July

9

International

Packers

47% Jun

16

59% Nov

16

Jan

4

76

6

International

Paper

103% Nov

10

101% Jan

13

18

10% Mar 17
64

41

May 29

Jun

29

38% Dec

24

40% Feb

36% Dec

30

54

Jan

26

30% Dec

21

35

Jan

19

55

Jan

43% Jun

3

138

44% Jan

3

38

Jun

„

July

1

106% May 19
73/8 Jun 30

4% May 27
40% May 27

7

53

July

July

6

35% May 38

31

20% Jan

10

31% Dec

18

29% Apr

1

35

8

33% Jan

22

31

May

4

363/4 Jun

30% Mar 18

25

Jan

5

29% July

9

10% Jan

4

28% July

1

15

11

19

27

16

41% May 21
31% Mar 16

Jun

Jan

14

13% Jan

4

29% Jan

15

26% Mar 16

24% Jan

4

15% Dec

22

30% Jan

14

109% Dec

10

130

Feb

6

11

May 12

112% Jun

16

July

9

International

7

International

29

$1.40

cum

Telep

&

Utilities

5

92%

91%

91%

200

23/4

2%

2 5/8

2%

1,000

42%
13

73/a
-

*34

135V4

12%

12'/4

1

*112%

25

$6

preferred

19

14,700
130

74%

753%

74%

75%

10,800

-

106

7'%
52
59

100

106

106
7 Va

7'%

1,800

51 Va

52%

1,340

59

2,300

59

40%

40%

40%

1,900

48'%

48'%

48 34

4T%

1,900

*34

12%

18%
34'/2
*36

43%
135

135

40%
•

•

35

12

.

43 Va

800

22,400

*57%

:

•

29

31%

Jan

*34

35

-

28%

14%

common

48

600

6,600

13%

7

401/a

283/4

26

Light Co

Coal

59

28%

50c

&

Creek

57%

32%
165

13%

50'%

47%

43'%
136

30%
165

13%

*105

r

40
-

■

7%

18%

_10

Power

-

32%
165%

13»%

51

3 6 3/8

Iowa

Island

106

34

Intertype Corp
1_„
No par
Iowa-Illinois Gas & Elec Co.No par

20

7%
50

18%

Power

18 % Jan

73/8
53

43

75%

103'/2

106%

s

*135

r

13 %

75

76

32%
165

43%
136

13

•

33%

Interstate

120

13%

36

1

32
May 21
28% Apr 19

42%

42%

"

33% Jan
•

>

136 »/4

136%
'

Dept Stores

3.50

32,600

*90%

Interstate

Co_i

2,500

2%

25

26

302

921/a

♦103%

Teleg.No par
Corp

5,800

14%
297

*2%

25/8

pfd

conv

60

15%

151%

299'%

*90 %

34%

"92%

25/8

75%

25

5,700

98%

34

12% May 26

5

22% Jun

193A July

preferred

333/4

97 %

33

471/4

7%

151/8
299

33%

96%

34

47%

29

15 3/4
298

20O

33%

33'/a

40

31% Jan

10,900

19%

33%

7.50

25

11,900

27%

*193/8

33%

.

603/4

common

61

27

32%

40

Shoe

International Silver

6

162

60

32 %

563/4

Salt

International

9

*158

32i%

No par

International

9

49 % July

162

32'%

No par

60 3/4

40% July

*158

•

32%

51

4

162

323/4

No par

preferred

1,700

165%

Int'l Rys of Cent Amer com__No par
5% preferred
100

11

Jun

9% Sep
29% Jan

$4

common

3,300

32%

?

com—No par

Limited—_15

200

3%
47%'

131%

*32'/8

32%

*90%

100

11

13% Dec

29

of Canada

Jan

28% Oct
23 % Dec

Nickel

*3%

46%
130

165%

34

1

Preferred.

373A Jan

24

6

Int'l

•

47'%
129

325/a

32 %

100

Mining Corp

14%
298

298%

32%

Hyaro-Electric Sys class A—25
Int'l Minerals & Chemical com
5
4%

32%
*96%

463/4
125

165%p.l66%

100

Int'l

International

-

14%

297

_No par

common

preferred

*158

98

145/8

No par

new

49%

483/4

No par

Int'l

132% Mar 11

29

3%

5

common

15

30

33/2

48%

1233%

100

Corp
preferred

28

Dec

3%

47%

123%

4%%

15

6

*3%

3%

Interchemical

34% Dec

45% Dec

2,000

9

128% Sep
9% Sep
93% Jun

233/4

9

1% Jan

55

23%

19%

(

47% Jan

233%

333A July
983/4 July

28% Jan
77

23

*193/8

28

31

23

193/4

14% Apr

Dec

23

*193/8

6

1% Oct

23 %

,

19%

4

76

4,000

19%

89'A Jan

2

113/4

20

25 % Jan

39% Jan

11%

—1

14

10

11%

Insuranshares

Inc

_70

53

H.1/2

19% May 28

Ctfs

52

53%

11%

3%

—1

Inspiration Cons Copper

250

11%

60'%

10

•

*50%

6,800

51%

113/4

27'%

26

200

48

23

Mex S A

Rayon

28,200

11%

5

59

92% Jan

1

*51%

26%

26 'A Nov

27% Sep

53 %

52i%

59%

15

j

53%

52'%

26%

Aug 13

27% Jan

52

*52%

53

26%

21% Sep

ad

*501/4

53 3/4

513/a

58%

5

159

Electrica De

*

263/8

15% Jan

7

53

Indianapolis Pwr & Lt new—No par
Industria

52

591/4

53%

*51

*50%

52

59%

24

5

*50

x53 %

162

15% Nov

Jan

50 %

*50%

593/8

13% July 17

26% Mar 24

473/4

51'%

25%

61

11

33

47%

*50 3/2

'158

4

21% Jan

166% Jan

47'/2

50

100

40% Jan

23

47

50

No par

170

5
25

15

47

Inland Steel Co

7

Jan

Sep" 14

Day

1.800

49

573/4

x50%

Independence

50

Co

,48%
*57

47

July 9
273/a May 21

Dec

29% Feb

21% Sep

57%

123

165

24%

RR

483%

571/4

123

,48

148% Jun

Terminal

47

573/4

No par

7

271

Illinois

1

preferred

A<?%

Ingersoll-Rand common
6% preferred

15

19% Mar 11

cum

:

49 3/4

47

*57

Industrial

151

15

4.42%

50

preferred

cum preferred

49

5 7 3/4

x46s/b

50
50

preferred

cum

49
47%

9

18% Sep

13% Sep

cum

4.70%

CLOSED

No par

common

4.08%

[

50

new

49
46

*57

STOCK

EXCHANGE

2

35% .Sep

86

A

ser

4.26%

5

12% May 21
233A July
9

pfd

conv

_20

Co—

Illinois Power Co.

22

Mar

54% Apr 15
54% Feb 15

-

6%

2

42% Dec

Doc" 30

38% Sep

12

r~%

5

48% May 19
7% Jan

14

Power

35

35

*34

:i8%

19%

19%

19 3«

116,900

35

34»%

?4%

34%

34%

3,800

363/4

361%

36'%

36

36%

29

29

29 V,

2 914

500

12%

12'%

I914

12 34

3,600

29%

2-%

2934

2° 3%

1,500

;

-

*•'

1,400

•

28%

29

293/4

31%

31%

32

31%

32

31%

32

26%

26%

26%

2Pi%

26%

2"%

26%

1,900

14%

14%

14%

14%

14%

143/4

14%

2,100

114%

*112'/a

114%

*112%

113%

113%

113%

60

28%

.

2,400

I

J
3

Sep

15

17% Oct

14

6% Dec
25

17% Aug 31

16

May 12

25% Mar

9

4% Feb
19

19

Jan

6

20% Jan

21

82

July

89

Feb

26

86 % Jan

8

34

Apr

23

43

Nov

6

19

101

Jan

16

35 % Apr
99
Jun

22

88% Jun

7

57% Aug 31

50% Feb

9

74% Jajn
66% Dec

16

2

61 % Mar 31

8

4

73/a Apr
^24% July
33 % July

Jacobs

I)

(F

Co

1

Jefferson

Lake

Sulphur

95% Apr

Jersey Cent Pwr & Lt 4%

43 % Jan

Jewel Tea

1'03

Apr

3%%

763A July
693/4 July

Johns

Co

Inc

19

Sep

14

2 4'A Jan

5

Sep

18

86

3

853A Jan

4

25% May 28
90% Feb
8

Jones

82

29% Sep

14

39% Mar 17

313/4 Jun

9

36% Apr

Joy Manufacturing Co

For footnotes

see




Dec

page

7

Johnson

13

5%

&

Laughlin Steel
preferred series A

6%

6%

21%

22

23

23%

24%

30%

31%

31%

33 %

32 34

33

1

x92

41%
*100

92

41%
101

*92

41%
101

93

92%

42%
101

75%

76

75%

75%

12%
com

683/4

69%

69%

69%

24%

10

42%
*101

_No par

Johnson

&

6%

21%

30%

100

Corp

59% May
193A Jan

6%

21%

30%

pfd—100

common

preferred

Manville

6%

21 %

_1

Co

6%

7

No par

Jaeger Machine Co

75%
*69

6%

93

42%
102

92%

42%
*101

1,8§0
2,100
,

11,500
190

93

4234

4,000

102

10

76 34

76

76%

6,800

69 34

*69

69%

600

24%

24%

%

24%

24%

243,

24%

100

89 %

89%

893/4

893/4

89%

89%

89%

89 34

120

1

33%

33%

33%

33%

33

333/8

33

33%

3,100

24

22.

-vuriff

t

28,200

'

Volume

Number 5341

180

The Commercial and Financial Chronicle

...

(169)

NEW YORK STOCK RECORD
Range for Previous
Lowest

i

STOCKS

Year 1953

Range Since Jan. 1

Highest

Lowest

NEW

Highest

LOW

STOCK

YORK

Monday

EXCHANGE

Par

Tuesday
July 6

July 5

AND

HIGH

SALE

PRICES

Wednesday
July 7

^

Sales for

Thursday

Friday

July 8

July 9

the Week
Shares

K
22 Ye Nov

4

41 Ye Nov

30 Yz Mar 12

30

49

Feb

5

27/a Oct

15

8% Jan

16

33 Y» Dec

14

85 "

Jun

10

95 Yz Jan

92

Sep

11

100% Mar

98 Y2 Jun

18

105 Y2 Dec

11

3 Ye May

40 Yt July

4

46% Jan

2

26 Ye Jun

26 Ye Jan

58% July

4

32 Yb Jan

3% Jan

4

13

92

Apr

28

9

100

Jan

12

1043/s Jan

363/4.July

7

16

102

Kaiser'Alum

1

107

May 26

14

45% Aug 10

38% Jan

14

32 Yz Jun

16

37

Oct

28

35 Yz Jan

5

17

27

21

Mar 17

18% Jan

21

23

Sep

10

1

14 Yz Dec

18

12 Yz Apr

13% Sep
59 Ya Sep

15

20 Ya Jun

14

82

Feb

37% Oct

6

60

Jan

July

21

Nov

39 % Jun
101

16

39 Yz

38 Ye

39 Ye

38 3%

3 8 Ye

58%

5 8 Y«

583/4

573/4

58

5734

*3 Yz

3 Ye

58 Yt

3 Vz

3 Yz

*3 Yz

35/e

*3 Yz

3 Ye

100

9

3 6 Ye

36 Yz

36Ye

36%

363/e

365/a

36 Yz

363/4

4,000

5%

4

21V8 July

8

Kelsey

64% Jan

4

85% July

9

Kennecott

8

39% Jan

4

20% Jan

11

49% May 21
23 Yz May 17

11
5

13

26

Jan

Mar 19

39

Apr

29

86

Apr

13

36 Yz Apr

8

30

4%

1

31

79 Yz Jan

14

41 3/8 Jan

5

293/4 Jan

4

81% Dec

31

93 Yz Jan

5

82 Yz Jan

5.

31% Dec

29

35% Jan

5

3 J 3/4

47 Ya Dec

8

Feb

5

48% Feb

18

51 Yt

Apr

8

Kress

Apr, 28

46% Dec

31

42

24

4 6 J/4 Jan

5

Kroger

Jun

9

10

4% Dec

,

41% May 19

28

37 Yz

8

: 19%

Jan

J 57%

Dec

Feb

9Y4 Jan

7

53/4 Feb

4

97

Apr 30

•*

5

31

18% Mar 18

14 Y4 Jun

46

Dec

31

56

47 Y4 Jan

18 Ya Sep

14

47

86

3

22

Jan

18

86

May 25

23

Laclede

Gas

Lamocr'

Jan

22

Lane

34

Mar 24

>

14

Dec

29

22% Jan

20

% Dec

22

1% Jan

27 Yz Jan

4

38Yz July

13

lo

Apr

6

3% Jan

4

6 Vz J an

4

143/4 Jan

6'

4% Jan

22

2

12

34

27

Lees

ye

May 18

1 Ye Apr

15
30

36

Nov

9 % Jun

4

$3

July

2

Atikwjl

noneum

50c

k»4

15

14V8

15

7,000

22 Ye

22 Ye

22

200

Day

223/B

22 Yt

18,800

833/4

83%

84 Ye

83 Ye

'8434

8434

85 3/8

24,700

433/4

43%

44%

43%

44 5/e

44

44%

12,100

*22%

Independence

22

82%

23%

22 Ye

22%

23

23

23

233/8

3,300

66

Yt

2,600

253/e

300

6 6 Ye

66

673/4

66

65

*131 Yz

133

*130

253/4

*25Ye

26

*32Yt

33%

*32

*132

134

*25 Yz

66 Ye

32%

353/4

353/s

36

91Y4

*91 Yt

*131

253/e

*32

81%

*32

91 Yz
1

81 Yt

353/4

>'

134

253/e

33

81 %

913/4

6534

.1

132

25 Ye

803/4

22

33

8IY2

8IV2

250

3 6 Ye

353/8

36 Yt

3,800

91 Yz

91%

92 Yt

260

:

33 Yt

33%

33 Ye

33 Yz

33%

333/e

5,200

493/4

49 Yz

49 Ye

493/a

49 Ye

2,400

44 Yz

44%

44%

45

443/e

45 Yt

453/8

4 6 Ye

6,600

11%

11 Yz

11%

3,000

113/8

>;

11%

11%

3Y4

33/4

33/8

33/8

22%

21 5/8

22 Ya

21%

15%

15%

15 Ye

15%

*147/e

53

*51

1

513/4

25%

25 Ya

25 Ya

243/e

25 Ya

24

63

62

62

6l3/4

613/4

61%

24

24

24

24

90

*87

90

*87

%

*87

10

8%

.25

*51

'.

,

24 Yt

883/4

1

36Yz

37

3 6 Ye

37

37 Yt

38%

3,400

13 Ye

14 Ye

13 Ye

133/4

13%

13 Ye

4,100

1

1%

3,100

1

8%

8 3%

8Vt

1

1 Ye

8Yz

8V4

8 Yt

*8Ya

8 3%

*2 Yz

23%

*2 Yz

2 Ye

*2 Yz

3934

40 Yt

3934

40 %:

38

16 3/4

6,800

8%

23/4
40 Yz

163/4

393/o

2,100

13 Ye

8%

*8%

No par

800

62

24

90

*2 Yz

preferred—No par

50

1,100

243/e

*87

24 Ye

Ye

500

53

Ye

8%

;

1

53

36 Yz

xl3Yz

1

*51

8Yz

36%

No par

(The)

15%

23

common_3

pfd

600

2,600

*143/8

15 Ye

62 Ye

100

2nd

33/e
22 Yt

513/4

:_5

common

*3 5/s
22.,

33/e
22

25%

1

Co

113/8

11%

33/e

21 Yz

50

1st

noncum

14%

Nopal

Coal

Lehman Corp
Lehn & Fink

6,100

143/4

pfd_75 Pesos Mex

Sons

Valley

18

40 Ye

14%

Vz-,,

49%

Valley RR

18

3 Yt .Tun

Mar 30

Jan

&

Lehigh

'

2134

41

33 Y4

preferred

Lenigu

15

21 Ve

52 3/4

49 Yz

Lehigh Coal & Navigation Co
Lehigh Portland Cement

9

*40Yz

21 Ye

15

53

49%

common

(James)

3.85%

May 10
Ye Fob 12

10

7

16

95

41%

21 %

33 Ye

(Tne)

Bryant,

*40 Yz

21%

4

La Consolidada 6%
uo

523/4

40%

35%

Co

18

4

3,500

53 Yt

21 Yt

—No par

25

24% Jan

7 "Ye May

53 Yz

"l6

523/4

*91 y4

Lee Rubber & Tire

Feb

200

81 Yz

4Yz% preferred
Lane-Wells Co

Jan

1033/4

No par

(The)

1

11 Yz

l05Yz

*103

10

6

293/a Feb

*10434

1033/4

40 Yz

81 Yz

Co

6

10

1% Dec

Co

&

513/4 July

,

103 Yz

105 Yz

1033/4

40 Yz

No par
10

Co

H)

27 Yz May

95

;>

23

33 Yz Dec

(S S)
(S

67

25% Jun

6 Y2 Dec

Kresge

Feu

Juu

103 Yz

*104%

103 Yz

21 Yz

21%

1
1

common

193% Jan

9

103%

105 Yz

103 Yz

96 Yz

53

100

Inc

48 % Jan

23

July 14

7Yz Oct

Co

24 Yz Mar 17
Jan

*102

*1043/4

*95

43%

CLOSED

100

preferred

64

Sep 21

21 Yz Nov

Mar 12

4%

113/4 Mnv 24
5% Feb

(cum)

preferred

24

28

EXCHANGE

1

_

preferred

prior

Koppers

23

96 Yz

14%

STOCK

—No par

—.

16

21 Ys Jun

14 Yt Dec

$5

May 20

34 Yt Jan

3% May 27

25% Aug 20

2

6

Wheel

King-Seeley Corp
Kinney (G R) Co common

95

*95

40 Yz

—-—5

Co

&

Copper

conv

11

May 12

52 Ye

Light Co——8.75

County Land Co
_2.50
Keystone Steel & Wire Co___No par
Kimberly-Clark Corp com
No par

28 Y4 Sep

Dec

&

Kern

17

68 Yz Jun
I0O-/2 July

Yz

1,600

21Y4

preferred———.-50

Power

18

Jan

103 Yz

No par

_

Hayes

Kansas

25

J an

105 Yz

*103

96

6,800

103 Yz

City Southern—

non-cum

(Julius)

24'% Jan

22

78

4%

Kayser

48

*104%

—:_100

Jan

l.ti

*95
*102

preferred

21% July
9
15 Ye Jun 24

9

96 Yz

103%

preferred

Common

9

14

*95

*102

100
100

16

Mar 17

28

100

,

4.20%

May 13

49% Dec

50

(conv)

4.50%

9

3

3

preferred

cum

3.80%
preferred
4%
cum preferred

15

111 Yz Feb

15

39 Yt

58 Yz

24% Feb

16

Sep

22 Yz Sep
24
Jan

53 Yz July
42

40

Kalamazoo Stove & Furnace——10

Kansas

36% Sep

39

Kansas City Pr & Lt Co com_No par

2

Mar 31

104% Aor

1

Corp

18

97 Yt Mar 18

104Yz Apr

Chem

&

'• 1 4.

;•

1 Ye

600

8%
2

Ye

10,400

3 8 Ye

14

Jan

15 Yz Jan

4

16

Dec

29

22% Mar 17

16 Ye Jan

4

20

F«b

4

Lerner Stores Corp

163/4

1,000

No par

33% Sep
8Yz Jan

42 3/8 Feb

4

39% Jan

18 Ye

14

8

59

18 Ye

July

18 Ye

6

Libbey-Owens-Ford Glass Co

18 Ye

18 Ye

18 J/a

18 Ye

18 3%

2,200

10

59

7

10 5/8 Apr

13

87/e Jan

4

57%

58%

59

1J

Libby

5 7 Ye

58

U'tXxl

57 Yt

5 7 Ye

5,500

-_7

34% Jun

10

9 Ye

39% Dec

10

14,500

5

63

Dec

29

82

41%

155

Jun

5

2

18% Mar 27

Aug

6

171 Yz Nov

6

July

473/4

24

Mar" 16

2

142 Yz Jun

;

23

Life

29

Liggett &

%pr 22

lb*

4

Mar

26

67%

J"lv

85

38 Y4 Apr

Jan

44 Ya Apr

6

19 y, Feb

9

27% Mar 27

20% May

25

28% Sep
15 Yt Sep

15

383/s Mar

3

30 Ya Jan

14

21% Feb

4;

18% Jan

64

Jun

17

20 Yt Apr
10% Sep
26

Sep

/.

Feb

13

67

Jan

76

23

293/a Nov

27

26

Jan

37

18

143/a Mar 25

15

34% Mar 19

74

23 Ya Jun

16

26

103 3/4 Jun

15

110

13 Y4 Jan

15
5

42 Yz

23 Y4 Jan

Aug

1083/4 Jan

21% Oct

14

35 Yz Mar 26

10

183/e Mar 25

17

2

97

May

6

106 % Jan

9

103

23 5/8 Dec

3OY2 Aug
5
160 Yz Dec 14

1463/8 Dec

34% Jun
.55

3Yz%

23

Lockheed

Mai- 16

Lone

Star

Star Gas

1

40% Jan

5

2

593/4 Jan

11

7Yz Oct

Louisville

30 Y4

Apr

27

40.

Jun

25

96 Yz Jan

22

101

Jun

23

44% Apr

12

22

M

12

Mar 20

45

Feb

Sep 17
: 110 Ya July 18

132

■

20 Ye Dec

24

Mar 24

15% Nov

10

29

26

78% Sep

14

87Yz Mar 27

Jan

;

7%

Oct

16

9

»

6 Ye Dec

29

8

9% Jan

21

Sep

15% Sep
517

32

15

15

3Yz Dec

Apr

9
6

22

Jan

6 3/4

14
16

Mar 23

552

30

4Yz Sep

8
12

22 % Jan

15

Sep

May

8 Ye Feb

8

V:

28

Mar

■

9

253/4 Jun

8

22

Apr

40 % July

122

July

12 Yz May 10
4

81 % Mar 16

18

5 Y» May

6

19

6%

9

8 Ye Jan

V

28

8% F^b

15

41% July
193/e July

6
6

>

(M)

Wood

12

7

Jan

Jan

4

12 Yz Jan

/ 28

4

19

11

13 Ye Dec

52 Yz Jun

15

58

223/4 Sep

15

25% Mar 19
88 Yz Mar

82

Jan

4

9

Feb

5

9% May 18
-

25 Yz Jun

14 Ye July
61 Ye

24

_100

*105% 105%

1053/4

100

*98 Yz

*98 Vz

——_—.4.00

*993/4
721 Ye

50

series

Manhattan

-5

15

21 Yz Nov

16

18

Jan

4

42 % Dec

30

38

Feb

16

5

104

32% Mar 23

28

95

Jan

95

20

Jan

6

85 Yz Nov

24

112% July

2

Jan

5

4
3

92"/e Jan

5

98

Mar 11

Jan

7

89

1
9

9

33% July
9
97 Yz Mar 29

16

Sep

15

21

Mar 16

17 Ye Jan

20

45

Sep

29

52

Mar 12

47

Feb

4

503/4 July

15

Dec

4

14

30 Yz Feb

lo

18% July

41 Yz Nov

27

453/4 Feb

17

40 Yz Jun

15

7

Jan

$3.75

cum

$3.40

cumulative

$3

183/4 Jun

18

McCall

223/4 Jan

22

McCord

43 Yz Jan

14

113/4 Dec

29

15% Feb

4

12

Jan

14

16

92

Jan

8

75

Jan

88 Yz Jun

57% Sep
26 Yz Sep

15

73 % Mar 12

22

353/4 Dec

1

333/e Jan

53 Yz Jun

30

McGraw-Hill

52

17

71 Yz Jan

12

54 Yz Jan

67

Apr

30

Mclntyre

333/4 July 2
18 Yz Dec 24

39 Yz Dec

3

37 Yt Apr

43 Yt Jun

25

McKesson

Sep

68 Ye Jan

95

26

July

6
24

7

McCrory

Corp

McGraw

&

21

4

24% Jun

28

llYz Feb

19

13 Yz Jun

30

27 Yz Jan

*

4

373/4 Jun

22

Mead

83 Yz Oct

13

95

1

863/4 Jan

4

99

2

28 Yz Mar 19

27 Ya Feb

16

30

143/4 May 22

113/4 Jan

4

Aug 19

50% May 21

47

Jan

4

31% Juiy
13 Yz Apr
49 Yz Anr

8
14
14

5
8

$4

19

26

Sep

15

31

Jan

30

16

31

Nov

5

28

Dec

29

39% Jan

86

Jun

11

98 Yz Jan

92

Jan

5

Feb

104

Jun

14

93 Yz Jan

92

Jan

15

4
13

3/4 Jun

105

Jan

21 Ye Jan

4

95

Sep

14

88

Jun

12

84

July

3

93 Yt Feb

89

Jan

99

May 21

107 Yz Feb

105

Jun

22 Ye Feb

2

18% Sep

14

293/a Mar

For footnotes




see

page

22.

100

*933/4

95

94

94

23%

23 Yt

233/4

16 Ye

*16 Yt

16%

100

*112 Yz

315/«
*93 Yz

18%

19

41Y,

41%

97

Apr

14

43/e

43/8

400

5

5

200

27 %

27Ya

8 3/4

24%

25

14 Yz

14%

14 Ya

14 Ye

613/4

Inc

61

*61 Yt

47 Yz

*47
31 Yt

31%

93 3/4

94 Ye

94%

180

233/4

24 Yz

233/4

24%

36,800

16 Yz

16 3/4

*16%

16YB

1,900

19

j

21 Ye

213/4

22%

22 Yt

10,200
1,000

47 Yt

46 Y4

47 Ya

22,700

94

'

preferred
preferred

Copper

800

33 %

10,700

93 Yz

120

94

*93

86

84

19%

19Ye

193/4

*173/

94

1

1,300

50-3/4

*17 3/i

18 '/r

30

193/4

50

49 Yt

84

18 Ve

600

100

19%

18%

19

41 Vz

41 Ya

41 Ya

80

7,200

3,000

13Ye

13 Ye

133/4

13 Ye

87

87

88

88

80

93

4,800

94

93 Yz

95

92%

93 Ya

95

53

53

52

52

*51%

52

51 Ya

52

62%

62

62 Yz

03

63 Yz

63Y4

64 Ya

1,400

40%

41%

41 Ye

413/s

41 Ye

41 Yt

41 Ye

4134

2,800

24%

24

24 Yt

24

24

24%

Yz

V.'

No par

12.50

Yz

series
series.

.

363/e

1,800

12 '/a

1,700

37

4,300
50

*96Yt

97 %

3lVt

30 Yz

31 Yt

5,000

13

123/4

13

2,600

50

*47

50

493/a

49 V2

18

•17YS

18

17%

173/t

2,400

I734

18

18 Yt

18 Ye

18 3/4

28,900

17 Ye

88 34

10

88 Yz
*

88 Yz

*8734

*873'4

88 3/4

*87%

88 3/i

100

103 Yz

106 Yz

*103Vz

106

104%

1043/4

103 Yt

103 %

200

101

♦100V4

101

100Y4

lOOYi

100 Yt

100 %

*100Yt
35
.

35 %

353e

3534

36

36 %

23%

24%

2334

24

24

24 Yt

n

34

33%

33%

*335/e

*96%

100
100
———-—5

series
series

*12 Y4

13

36 Vz

*17 Ye

pfd—100

100
100

%'

800

*47

50

%

3.80%

lllYz

93%

323/t

32%
*93 Yz

213/s

327/8

111

111

111

19

88

-5

Co

4.45%

16,900

22 Yz

21 Ya

46 3/4

•41%

14

1,500
600

48

93

ftignts

preferred

13,800

62 Y4

—-No par

preferred

preferred

2,400
11,600

5

2nd

3.85%

3,100

25

31 Ye

61

18 Ye

4.35%

>

31 Ye

18%

Machine

8 3/s

24 Ya

17%

pfd

273/e

*8 Ye

273/4

17%

2nd

20

505

5

Ye

49 Yt

42

13Y4

*490

4%

•4%

*46 3/4

conv

$4.25

Miami

17%

*87

3,600

18%

19 Ye

505

3%

1st

Co

Mesta

May 14
2
28% Jun

14

12,500

18 Ye

41

41 Ye

19

preferred—50

Inc

Metropolitan Edison 3.907*

109

173/4

88

413/4

40 Yz

common—„16%c

Stores

Co

4

1

19 Yz

18 Ye

1,100

*93

49

*41 Yt

6%

*84

48 Ye

18%

7 Ye

6Yz

13

2

6

13 Ye
*87

%

*7Yt

6 %

30 Ye

common

24

8

93%

*17%

10

Feb

Feb

32 34

93%

19%

No par

Jun

98

32 %

49 Ya

330

83 Yt

7 Ye

6Yt

18

36% Jun

108 Yz May 19

112 Yt

112

84

83%

*7 Yt

*22

32%

19 Ye

Merritt-Chapman & Scott

it

473/4

94

49%

9

100

21%
23

463/4

113%

5

823/4

5,400

93 3/4

*

par

243/s

47 Vz

21%

473/e

4

July

613/4

22 Yz

x46Ye

283/e Jan

3 6 Ye

23

22 Ye

com—_l5

preferred—
No par
Mergenthaler Linotype Co—No par

29

28% Jan

31 Ye

21 Yz

24%

13 Ye

&

$3.50

Feb

Apr

Jun

48

30%

16

24 Yt

30 3/4

29

25

47 Yz

303/4

23 Ye

24

12%

88% Apr

22

61%
47

29 Yz

21 Ye

18

30 %

May

91% Feb

60 Y4

463/4

*61

16 Ye

13%

80

106

143/e

14 Yz

40

61,300

16 Ye

8-3/4

9

25%

700

41 Yz
126

126

5

Corp

convertible

1,400

15 Ye

305/e

Mercantile

20

42

1,200
41 %

41 Ye
126

12%

Merck

105

41 Yz

93/e

*9

•41'%
*125

303e

25

102

*100

41%

1
1

26

7

7,300

38 Yt

38 Yt
101

40 Ye

97

Jan

4

38Ye

37%
101

97

18 Yz Jun

Jan

:

96 %

22

Jan

3,800

96 %

18

98

1,700

97

2g

95

760

44 Ye
74 Yt

96%

153/4 Feb

13

145 Yt

44 Ye

7 2 Ye

36

17% Jun

27,800

443/4

12-3/4

7

20

27 Yz

*19

Co

(The)

23

72 Ye

233/4

5
27

1433/4

50

100

72 Ye

13

19 Y4 Jan

Oct

144 Yz

98Yz

*44%

142

36 3%

Co

Jan

223/4

Shoe

Mengel

10

106
lOOYz

98Yt
*100

2 3 Ye

243%

Melville

Nov

QQ

100 Yz

preferred (1st series)—100

4Y4%

*105 Ya

106

12 Ye

25% Jan

■

477,800

36 v4

14

89

Yt

13 Ye

15

97

372

3 6 Ye

Sep

111

Yt

13

Stores

17

4

5
50

9

86

Corp common

5%

24,000

36 Yz

McLellan

153/4 Sep

10

14s/e

27%

94

McQuay Norris Mfg Co

18

11 Ye Dec

21 Ye

*4

24 Ye

*93

Inc

22

26 Ye Jan

21 Ye

_1

Robbins

14% Jan

21

143/e

1

26 Yz Jan

91 Yz Sep

9

25

*84

Mines

29 Yz Dec

Mar 26

900

22 Ye

*499

4%
5

5

27%

19%

94

Publishing

14

92 3A Jun

83/4
24 Ye

common_-50c
preferred—100

29

46

26%

41 Ye

499

*4%

5 Ye

50

11 Ye Dec

May

*5

4%

No par
3

21% Sep

I8Y2 Jan

4%

499

84

Electric Co

Porcupine

18 Ye
■

No par

convertible

40 34

19%

No par

Stores

3Yz%

41 Ye

505

84

Corp common
preferred

72 Yz Dec

19%

*93

Corp

$2.50

40 Ye

505

No par

pfd

preferred

2

83%

series-No par

1947

Maytag Co common

17

July

pfd

83

-5

—!——No

—

83%

7s/e

,.

preferred

24 Ye

6Yt

conv
preferred
Dept Stores common--!

$3.75

24

_1

Corp

4.25%

May

23 Ye

6%

i

Co

15 Ye >16

*7%

No par

Electric

16 Ye

83 Yz

—1

Corp

Master

Mathieson' Chemical

42

124

23%

No par

4

9 Yt

42

124

10

Co—

2

Jan

20 Yz Sep

L)

9%

9%
41%

7%

——

49% July

91Y4 Jun
83

Masonite

42%

No par

corn-

preferred

24 Ye Jun

Apr
193/4 July

21Y4 Mar 25

8

38 Ye

101 Yz

6%

—

Martin-Parry Corp

21% July

42 Ye

6Yz

Corp common

Field & Co

(Glenn

*100

125

_1
—6.25

—

Exploration—.

Martin

38%

100 Yz

153/4

10
1
-50

Corp

18% Apr

;

24 Yt

223/4

72 Ye

*7%

—

May 12

173/a Sep

24%

*98 Yz

45

No par

95

26

25

*100

141

45

72%

No par

Marshall

34 Yz Aug 28

9 Ye

-1

25 Ye Mar 31

141r
•

42 Yz

41

4Yt% preferred (conv)
Marquette Cement Mfg Co

•

300

24 Yz

*105 Yz

223/4

39 Yz

122

2

4

22 Ye

45 Yt

100 Yz

——No par

Midland

22%

72%

*42

Day

5

Co

Shirt

3/8

21 Ye

99

993/4

142 Yz

39

Independence

1053/4

993/4

44 Ye

100

Inc.

Oil

99
100 Yz

72

CLOSED

common—10

Bros

4Yt%

*

413/4

.

Forbes

8

1

110 Y4 Jan

100
10

7

8

141

EXCHANGE
*■

com_i.l

A

July

163/4 Jan

STOCK

100

(Ky)_Nopar

July

13% F'b

2

10

common—

Copper"
Magnavox Co (The)

Marine

40 Yz

32

Working Co

Sugar

41%

22 Yt

Magma

6

413/4

22

Madison Square Garden
Magic Chef

Maracaibo

40%

22%

(R H) Co Inc com
No par
4%% preferred series A——100

Maralhon

41 Yz

22

10

Co com

July

16% Jan

403/4

100

6,900

48

2

ill

50,600

243/e

31 Ye

5

July

15%

243/e

8

14 Ye Mar

82 Yz Jun

143/e

243/4

12

183/b Mar 20

75

15

233/4

29

25% Feb

5

14 Ye

6,500

Jan

14

10

15

14%

26

Apr

29

30

143/e

14 Ye

3,300

42%

24 Ye Jan

Sep

83YzJun

63,800

113

55

16Yz Dec

98 Yt Jun

353/e

79

26 %

42

27% Jun

343/4

*77

*■112%

18

10

16

35 Yt

7"

263/e

53/4 Jan

HYz Jun

12Y4 Jun

77 Yz

34 Ye

343/4

1123/4

4Yz Mar 10

11

10

*76 Yz

353/e

76

33 Ye

26 Ye

Manati

25

8

77%

34Ye

76

112 Yz

25

18

Sep

*75%

100

1

263/n

5% Jan

21

80

25 Ye

1123/4

& Sons Inc

&

Trucks

Mandel

4,600

24%

39 Yt

24Ye

26 Yt

4

33/4 Jan

2,200

39

243/e

21%

3 8 Ye

25 Ye

Mahoning- Coal RR Co

530

7

21%

38 Ye

21%

38 Ye

Macy

1

21 Ye

21%

preferred

; 243/e July
85 Yt Feb

1,600

*112 Yt

26

July

Sep

Feb

M

3,600

43

263/e

Feb

499

163/4 Sep

Jan

&

84

43

112%

preferred

MacAndrews
Mack

4

16 Ye Jan

8

9

4

25 Ya Jan

Lowenstein

July

7% May 27

22% Ja.i

Mar

132 Yz J an

6

20 Ye Jan

Mar

84

44

26 Ye

IVI

93/4 Jan

83 Yz

43 Yz

25

—

v

45

2

82 Yz

44 Yt

3734

Lukens Steel Co

474%

833/4

.1' 4334
21 Ye

Nashville

&

9

■

82%

44 Yz

112%

Gas & El Co

22

38% Mar 25

750

85

100

preferred

Louisville

29,800

(IJtld) A—No par

Co

453/4 Jan

8

125

7%

(P)

9

1,000

59

145 Yz

25 Ye

.4

E.

series

7

145 %

38 Ye

series. B preferred
series D

74% July

583/e

144 Yz

59

21 Ye

4.25%

Lorillard

5 9 Ye

1433/4

rights—4—

35 % May 25

15

23

Jun

5%

2

46% Jun

i
-41

2

29

26% May 18
153 Yz Feb 15

22

Jun

14

n

93/4

41Yt

25 Ye

Corp
1_.—10
common—!—10

Co

97 Yz Nov

May 25

36% Sep

July

Ye

9 Ye

41%

833/4

1

preferred

Island Lighting

Common

59
144

58

93/4
41 Ye

9 Ye
41

37 Ye'

Corp

Cement

conv

Long

Ye

143 %

58. Ye
145

No par

Lone

6
8

93/4
41

21 Ye

preferred

Aircraft

7

J

30

21Yt July
137

99

9

93/4 Jun

com

Inc

4.75

9 Ye

40%

9

163/4

44

2.50

convertible

Loew's

Ye

41%

16 Ye

No par

9

% July
106 Yz Mar

Juiy

67% Jan

30 Yz Dec

92

■

21

16 34

No par

Co

July

July

No par

Corp (The)

O"

Long Bell Lumber

42% Dec

Sep

Corp

16 Ye

143 Yz

5

d

22 Yt

9 8 % July
<

Cup
Co

Jun

«

115

Jan
32

=

T Mn

57

100

Liquid Carbonic Corp

22 Yz Jan

15Yz Jun

Mar

Belt

Lionel

15% May 13

28% Jan

Apr

Apr

Tulip

163/4

25

com

preferred

Lily

Mar 12

Libby

Myers Tobacco

Link

41% May 21
25% July
6

&

5

Savers Corp

7%

15

Products

McNeill

41% Apr

33% Mar 22
56

56

> 35% Sep

16%

96 Yz

36 Ye

2,800

25 Ye

30,400

u

125,100

%

13

3/4

111

"

*99

140

36 Ya

24 Ye

333/e

34

400

34

34

34

965/e

98

98

*97

99

80

100

105

105

*95

98

•

*104

106

*104

106

*104

106

97

*95

97

*95

97

*96

97

95

jJJQO

95

*93

95

*93

*106%

107 Yz

*106 Yz

107 Yz

*106'/a

107 Ya

106 Ya

106 Ya

30

27%

27 Ye

27 Yt

27%

27 Ye

28 Ye

27Y4

28 Ye

8,100

17

18

The Commercial and Financial Chronicle

(170)

NEW YORK STOCK RECORD
NEW

Range Since Jan. 1

Year 1953
Lowest

31

65% Jan

90% Jun

22% Jun

27% Mar

9

26% Jan

29 % Dec

46% Jan

7

30

32% July
343% Jun

55'/8 Sep

22

125% Oct

66% Dec

139

Feb

9

24% Mar 20

21% Jan

16'/a Jan

24

20

13*

126% Jan

21 % Oct

Feb

Nov

20

31

19 Vb Jan

68% Nov

6

60% Dec

3

Apr

94% Jan

11

8% Dec

29

69

Oct

104

18% Nov

Steel

Prod

*129

130

25

25

28%

28%

issued"

21%

1

May

105% Apr 13
11 % Jan 21

5

78

Apr

Mfg

$4 preferred
Minneapolis-Moline

$5.50

22

preferred
$1.50 2nd conv preferred
1st

26% Jan

22

19% May 26

21% Jan

21

21% Dec

21

21

PAb

15

23% Feb

1

34% Mar 25

27% Jan

4

34% Mar 30

Mission

15% Sep
34% Jun

14

23% Mar 25

15% Jun

29

19% Mar 16

Mission

10

41 % Mar 17

37

Jan

4

44% Jun

4

6% Mar 12

4

% Jan

4

9% Apr

29

57% Sep

15

70% Aug

6

61

Mar 17

33% Sep

15

58% Jan

23

40

Jan

22

Dec

31

33% Dec

17

19% May

13

Jan

5

15% Mar 25

13

20% Mar 23

54% Feb

5

24% Feb

19

Development Co_

5

22% May 27

79% Mar 29
Jan

4

97% May 12
233/a Jun
3

Monsanto

19

4

37

Montana Power Co (The)

Chemical

29 % Nov

40% Dec

31% Feb

1

49

3

Monterey

2

Oil

663/8

653/4

431/2

44

*21%

22

13%
21%

4314

104% May 18
16% Sep 15
42 % Aug 26
29

50

110%

Jan

50

Feb

Sep

15

28

Oct

6

2

11% Sep

16% Sep
19% Sep

99% Jan

20%

8,000

44%

37%

40%

36%

39

35%

38

55,000

673/4

68%

26,500

92%

913/4

92%

7.700

67./8

68i/2

66%

67%

663/4

67%

14%

147/..

147/-

147/..

143/4

14%

14 %

143/a

12y2

12%

12%

123/4

12%

12%

5,800

41%

41ig

12%

41

41yJ

12%

41%

413/8

42

42%

11,400

j8

3034

1^74

3Ri/R

17%

17"%

5

17%

173/4

23%

23%

*23%

23%

23%

23%

23%

23%

1,000

J

26%

27%

263/4

27%

263/4

27

27

273/a

13,700

24

243%

24i/8

233/4

24%

23%

233a

1

Corp
Corp

10

C°

2,200

1,800

Mfg Corp—•_
Munsingwear Inc

5

333%

34

14

34

133/4

133%

14

14

Murphy Co (G C)

1

1,600

41%

42

413%

Feb

23

413%

41

IOO

41%

413/4

413/8

2,700

107%

107%

233/4 Jun

30

1073/4

Jun

30

Jun

110

9

183/s Jan

11

431/4 Jan

4

37

4

Jan

47

43%%

1

common

preferred

Murray Corp of America

27

Myers

(F E)

107%

107%

1073/4

*107

4,100

108

100

10

22

22%

22

50

com

4% preferred

21%

22

10,000

44

44%

*44

45

*44

45

*44%

45

200

40%

40%

*39%

40%

*39%

40%

*39%

40

100

*86

'

42 % May

233/4

& Bros

No par

213/4

22%

213/4

N
Nashville

25

Chatt

74% Mar 29

87

100

85%

86%

87

36% Mar 25

30

8

46 % May 26

National

Acme Co__

84%

85%

1

84%

85%

210

43'%

15% Jan

19

Airlines

42%

43

15% Feb

42%

7

National

43%

8

12% May

43%

42%

14

1

43%

3,700

133%

13%

22

21 % Mar

13%

19

National

133/4

Jan

19

14%

Automotive

14%

9

14%

14%

6,000

14%

283/a Jun

National

Aviation

■14%

2

42

7

National

Biscuit Co

2

Jan

38

36% Jan

Mar 19

4

Jun

Jun

7%

174% Dec

14

14

13% Feb

26

11

Jan

8

Apr 21
15% May
5

National

Can

51% July 22
2
13% Jan

60% Dec

24

57% Jan

8

84

National

Cash

Sep

172% Jan

180

4

May 11

17% Ja;i

City

133/s July

5

233/4 Jun

Sep

21

.19% Mar 27

17% Feb

18

56% Jun

10

66% Dec

14

62% Feb

25

12

Dec

29

15% Jan

8

12% Jan

4

14

Jun

16% Sep

22

23 % Jan

6

6

National

84

Dec

29

99% Jan

/5

17% Sep
85% Dec

1

20

97 % Feb

12

323/4 July

93% Jan

5

38

Jan

4

Nov

6

31

3

173% Nov

4

172

Jan

132

Apr

15

146

4

141% Jan

7

Feb

9

29

8% Feb

15

11

20% Dec

31

37% Mar 19

20% Jan

4

25

25% Sep
40% Sep

21

6

26% Jan

14

52% Jan

5

46

25% Oct

26

30% Jan

12

Nov

9% Dec
32% Jan

22% Sep
86% Sep

21

31% Jan

25

91

24% Jan

6

104% Jan

21

4% Jan

2

Nov

55

5

180% May

5

7%

1523/4 Apr

9

6%

32

5

3234 Jun

4

983/4 July

33% Apr

19

7

134% Apr

19

114

Jan

6% Feb

7% July

17

103/8 Jan

12

6

4% Jan

10% Jun

10

13% Feb

26

11 % Jan

13

13% Jan

5

16% Apr

8

14

15

85% Jun

30

12% Jun

11
18

Jun

37% Aug 31
10% Sep 15
Dec

30

23% Sep
17% Sep

8

12

38

Mar 25
Feb

105

5% Jun

4

Jan

106

Jan

Mar

Feb

11

100

Jan

20

40% Jan

14

60

July

16% Jan

29

12
May 11
67% Jan
5

15

Apr

94

6

72% Mar 23
34

Jan

30

25'% Jan

23 % Mar 17

18% Jan

Gypsum Co

29

25 % Jan

30

18% Jan

11

Lead

30

Sep

14

48 % Jan

5

32% Apr

21

101% Jun

10

109% Mar

21,900
6,200

13%

17%

92

31%

32

*1753/4

conv

54

14% May

1

9

106% Jan

17% July 13:

15% Mar

13

70

Jan

20

63

80

11

92

Feb

9

5

520

Jan

8

May

6

32 3/a

31%

32%

103 3/4

*103%

1033/4

533/4

176

2,400

22%

22%

223/4

223/4

22%

22%

22%

22%

900

31%

31%

No par

10

com

31%

31%

STOCK

523/4

53%

53%

53%

53%

54%

54%

54%

EXCHANGE

10

4,800

28%

28%

*28%

28%

*283/a

28%

28%

28V2

1,600

CLOSED

preferred

Independence

IOO

Inc

129

313/4

31%

31%

31%

98%

973/4

973A

*97%

98%

220

323/b

333/8

333/3

33%

333/8

33%

10,000

130

129%

132

*131

7%

7%

73/8

7%

11%

11%

*11%

11%

5

4%

5

Jan

73/8

6

515

Jun

28

Apr

19% Jun

16

34

Feb

18

22

Mar 23

31 % Mar

49% Dec

29

65% Feb

5

51

Apr

7

60% July

14% Apr

2

20

35% Apr

28

37% Mar 23
92

Jan

1

22

91

Jun

1

4%

4%

12%

12%

12

12

12%

12%

12 %

12 %

600

143/4

14%

143/4

14%

14%

14%

14%

14%

1,400

*105%

106%

*105%

106%

*105%

106%

*105%

106%

Air

*34%

35

34%

34%

*34%

343A

343A

100

*96%

97

96%

96%

96'A

96%

,*95%

96 %

70

1

14%

14%

143/4

14%

14%

14'A

143/4

143/a

20,000

System

100

*98

10

573/4

1,

*98

58%

102

58%

*98

60

58

31

July

»7

Jun

22

87 % Jan

8

87

Jun

29

94% Nov

13

86

Jan

5

15

39% Dec
22% Jun

33%

33%

33%

333/4

33%

343/8

34

343/8

6,200

183/4

19

18%

19

18 3,4

18%

18%

18 3/8

4,200

14'A
*71%

203/4

48,700

35%

5,200

*109 %

110%

*109%

193/4

193/4

19%

19%

66

653/4

66

Y

&

Harlem

New

RR

Haven &

*88

50

500

Hartford Co-100

913/4

Jun

15% Sep

Sep
July

34% Sep
103% Oct

15

15

Jan

8

6

87

Jan

16

York

60

593/4

60'A

59'/s

60

2,400

1

173/8

'17%

123,100

393/8

Shipbuilding Corp

Y State

Electric &

24

46% Jan

2

6

107% Nov

4

Sep

14

84

Jan

5

11% Jun

16

14% Dec

16

78
Apr
100% Jun

24

87

Mar 19

18

109

Mar 12

89% Jun

19

101

preferred

100

40
94

*91%

Niagara Mhk Pwr Corp com_No par
3.40%
preferred
100

30%

Jun~

15

Norfolk

& Western Ry common
Adjustment preferred—

North

American

Co

3-i

2

North

American

84%

913A

*90

913/4

89

>4 Ju;i

38

Apr

6

43 % Apr

1073/4 Mar 31
53"% July

Mar 23

111

Feb

64% Mar

1

Northern

19

5 % %

Central

4

9

18% Mar 17

133/4 Jan

4

85

4

Jan

105% May 11

Ry Co

99

Jan

12

100% July
7
16% Jan 11

8 % Dec

29

14% Jan

13

7% Jan

11

16% Dec

30

24% Jan

13

14% Jan

11

18% Sep

18

25% Apr

9

19% Mar

2

-

95

103% Apr " 2
100% Jyly 7
323/8 July 9
Q% Feb

18% July
243/4 jun

$3.60

-9

8

8

14

$4.10
.

f.

Preferred 4.08%

Northrop
4.6%

91

*96

98

102

102

102

102

102

21

21%
40%

*24%

25%

21

21

21%

1,900

39%

40 3/a

15,000;

25

24

24%

24% ..24%

333/4

34%

33%

34%

31,000

11

11

12%

20,000

23%

24

34%

3334

34%

10%

11%

10%

10%

10%

83

83

42%
1083/4

x533/4

55%

.

108%
54

40

*243/4

83

41%
.

-

100

420

243/4

233/4

42

500

40 %

333/4
*81

843/4

25

24

100

.

15

15%

82%

42

21%

82%

82

82%

55

42%

*108%

.

rH 0 co £

*103%

54%

54%

54

-

;■

7,500

70

42 %

42

41%

108%

2,100

5,700

108%

10

.54%

14,700

15%

<

15

15

15%

15%

15

16,400

'

88%

10Q

1

100

Airlines

Inc
Inc

preferred

10

9

2.50

17%
'

23%

_

28%

*88%

89

*105%

103
—

28%
'

_25

Norwich Pharmacal Co

*:

106

23%

"

.

4

102

100%

100%*-

28%

9%
17%

*

-

102

'■

1
common

.

106%

*102

—100

___.r._

Aircraft

89

106%

_100 •*-

preferred

Northwest

*90

98

12,600

(Minn)—

5^.80 preferred
..

*84

90

393/4

*108

31

843A

40

5

preferred

101%

3,300

95

30%

90

243/4

IO

*92%

30%

*96

393/4

50

Common

Mar 25

108% Feb

*84

94

98

*96

100

preferred

Northern Pacific Ry__

15 % Mar 24
.

30%

1

-

Northern Natural Gas Co

23

97

30%

243/4

Northeast Capital Corp

12% July

8

*92%

84

25

Aviation

9

4

94

30%

1

9

12

20

39%

25

•

Jun

19%

3934

10

243/s July

Jan

19%

40%

*91%

21%

8% Jan

18%.
3934

84%

21%

81

18%

40%

3034

*83

2

preferred
Nopco Chemical Co

Northern States Pwr Co.

Jan

17%
40

G*as Corp—

101%

20

20

593/4

101%

22% Dec 21

14

130

593/4

10Q

100

4

140

913/4
518-

59%

series A

4.10%

Jan

*88%
*470

8,400

89%

20

90

518-

300

1,300

66

273/4

*95%

23% Mar 24

*64%

27%

IOO

4

66

19%

27 3A

100

6

90

*470

111

19%

27%

preferred

25

91%
518

*109%

193/4

27%

preferred

173/4 jan

*64%

110

27%

3.90%

39% Jan

19%

27%

3.60%

233/4 Jun

110

26%

923/4 Mar 11

16

19

*88
*470

515.

L

110%'

No par

Preferred 5%
New

Co_

*64

100 % Mar 30

30

140

35

102% July 2
22% Apr 12
433/8 Feb 10
2'% Apr 19

26

Jan

73

20%

7

53 y8 Jan

♦713/a

20%

25

26

14%

73

353A

Jan

12

14%
*

35%

Jun

23

3,000

14%
73

92

20% Jan

4,500

143A

14%
73

100

Sep

58

14%

73%

20%

N Y

Mar 24

79

57%

14

35%

9

4

25

58

102

213/a

$3.75

82% Jan

*98

35%

4

273/8 Jan

102

300

*72

IOO

Brake

102

35

21

7

2

1,700

No par

common

Common

10

5%

35%

9

28% Feb

43/8

21%

2

80% Nov

50O

10G

Central

July

10

48,200

11

1

—J.

England Electric

40% July
96% Feb

28

Apr

600

7%

11

35%

8

75

7%

11'/a

21%

N

3

24% Jun

136

20

N

31% Sep 21
80% Jun 11

7%

11

4%

*132

7,700

6% preferred series A
IOO
New York City Omnibus Corp.No par
New York Dock common..
No par
$5 non-cum preferred
No par

29

348

135

313A

1

Corp

Common

3

90

600

313/8

1
No par

32

98

1
Co

32

32%

31%

Day

32

31%

*98%

5

*31 %

99

31%

100
common

No par

14

30

10%

York

20

140

149

10%

New

Jan

18,400

1753/4

10%

_1

85% Jan

54

1753/4
*148

149%

10%

_5

Mar

533A

1753/4

*148

10%

York

69

54%

1753/4

149%

10%

New

213/4 Jun

2,000

33,800

10%

4%% preferred

37% May 17
110% May
7

9

2,200
12,700

14

32%

New York Chic <fc St Louis Co—

59% 0ct

91%

10%

No par

Fibre

18%

91%

*103%

)

y

55

1753/4
♦148

150

18

91%

1

preferred
Co

54 3A

323/4

1033/4

13ys

18%

No par

Corp

Supply (The) Pa

32%

176

150

\

*103%

103%

51%

10O
100

Tea

133/4
18%
91%

18 3/a

91%

*103%

Cerp

13%

17%

923/4

preferred B
Service

13%

17%

5

Jersey Pr & Lt Co 4% pfd
Corp
Newport Industries common

15

3,600

13%
23%

1

Co common

Newport News Ship & Dry Dock

Feb

16%

123/4

23%

_No par

common

preferred

New

12

16%

13

23%

*913/4

10o

Newmont Mining

7

163%

123/4

23%

13%

5

common

1951

26

4

18% Dec

30

16%

13%

23%

*133/4

Prod

Apr 14
34% May
3
20 % Mar
5

4

17

Anr

16%

13

23%

9,000

33/4% preferred

75

56

16

133/a
23 %

11,200

Newberry Co (J J)
New

16%

12%

20%

43/4%. preferred

1

16

30

23

1

Neisner Bros Inc common

May 11

15

3,300

preferred A

Nehi

22

97

803/4

1

Natomas Co

25

Jan

803A

78%

Vulcanized

13% Jan

80

193/a

Theatres

86

93% Apr
2
14% Mar 30

80

77%

National

35 % Apr

80%

19%

National

Feb

Jan

80

78%

6
7

80%

193/4

Distillers

4.20%

22

80%

8,200

773/4

National

Mar 29
'

4,400

19%

8

31% Mar

6

92% Jan

11% Apr

14

783/4

pfd series of

4% %

7

175%

13%

19%

National

22

4

175%

13%

common

Steel Corp
Sugar Ref Co

4

175%

13%

77%

Shares

Jan

175%

133/4

19%

National

24% Jan

176%

13%

783/4

National

28% Jan

*175%

13%

19%

National

90

176%

13%

77%

54% May 19

28

106

17

*175%

No par

Natl Malleable & Steel Cast

27

2,600

413/8

14

5

29

Jan

27

40%

5

4

Jun

253/4

41'%

25

4

11

26%

41

Inc
Co

Jan

14

7% Mar

Lines

National. Linen

May 21
May 24

4,300

26%

41%

Dairy Products

$4.50

7

14%

27

1

National

7

Sep

12% Jan

7

14

26%

413/s

Department Stores

4%%

22

14

27

41%

Cylinder Gas Co

National

July

14%

26%
41%

100

preferred

263/4 Jan

24

29% May 20
116% May 20
7% Apr
1

103V2 Jun

4% Dec

85

National

20 % Jan

38% Dec

9

National

4

96

31% Jun

6
25

8

24

27

National

20 % Jan

15

conv

9

16% May
87% Jan

29% Apr
155% Jun

Jan

$1.25

14

5
10

10

Container

4

193/4 Jan

1

common

Register

National

10% Jan

2

22% May 26

Inc

1

National

21

5

July
783/4 July

Fibres

Corp

6

15% Apr

11% Jan
20% Dec

25

Louis

Corp

25

18% Aug 18

15

20 %

St

&

preferred A

Aug 31

Sep

12%

500

8

25% Mar 20

52

1,600

2

14

8

21%

28 J/4 Mar 24

24

83

1,100

21%

16% Apr
47% Feb

15

19

14

4

Sep

16

4,400

21%

14

7

158% Jun

400

42 3/8

213/8

29

13% May 11
203/4 Jan
4

Sep

21%

413/8

38%

12

& Co__.

V
74

14

393/4 Jun

106

25

Feb

.

26

51

21%

133/4

2,000

3

Wheel

433/8

213/a

21%

Inc

^Uf, ler
Mullins

21

43

5,100s

13% Jan

3

24% Feb

9

13%

5,000

66%

35%

Products

Motor

26

273/a July

28

1„%o^n

6

Mar

Apr

24% Apr

1

21% Mar

21%

66

21%

Motor

23

44

66%

3,900

35

5

6

66%

5,300

8

21%

34% Mar 18

26% Mar 13

64

653/4

65%

7%

35%

Motorola

14% May 19

105

423/g

1

_

9

5

10

16%

42%

8

92

42% July
23 % Jan

15

15

16%

42%

7%

8

35

30% Jan

31

9

16%

423/a

8%

No par

Jan

19

16%

42%

No par

Dec

10

16%

42%

8%

21%

Morrell

12

34

16%

42%

8

935/3

Montgomery Ward & Co
Moore-McCormack Lines

43

35% Dec

16%

42%

35

31

Sep

16%

Day

100

213A

8

27% Mar 16

9,100

g2i/4

68% July

27% Jan

1,300

30

34%

143/b Feb

29

233/a

29%

21%

15 % May 24

14

19%

23 %

30%

93 y4

4

21% Dec

*19%

23 %

293/4

35

4

21% Sep

19%

23 %

21%

Jan

23

*19%

9134

113/4 Mar 24
16% Jun

140

3434

29

Dec

50

75

75

21V«

12% Jan

21

75.%

4,200

5

56

4

*743/4

8,800

10

5

16
6

76

68 %

104%

9%

No par

15

29% Dec

9%

19%

21%

65% Mar 19

(John)

67
*104

104%

9%

23%

21%

15% Apr
43% Jan

15

4,600

30%

14

18% Apr

10% Sep

69

2,500

233/8

13%

Co

Co

10

95%

29%

,213/4

Montana-Dakota Utilities Co_

.

May 18

19%

•

700

21%

93a
95

23%

20

31% Jan

67%
*104

9%

4,100

30

--1-25

32% Mar 26

*20%

2,500
1

Independence

No par

28% Mar 11

% Jun

*22%

293/4

—10

Mohawk Carpet Mills

17% Sep

11

*19%

No par

^0jud u°„Inu,-—m"T
Machine Tool

25% Jun

20

743/4

CLOSED

1—5

Monarch

16% Jan

77%

.

16

15 % Jan

*76%

19%

69%

104%

93/4

1

21%
9%

EXCHANGE

No par

21%

96%

STOCK

25

Light

21%

28

9%

*104

240

253a

28

95%

683/4

104

129

25%

28%

9%

9"%

7% preferred series A
100
tMlssouri Pac RR 5 % conv pfd_10O

17

Mar 31

&

Missouri-Kan-Tex RR com

69% Mar 22

4

Power

Corp

128

25%

28

97%

9%

100

Mississippi River Fuel Corp

31

Minnesota

69%

104

1

common

129

25%

9%

97

68%

No par
Co

129
■

95%

10%

95 %

No par

*213/8

21%

9%

1.50

common

9

18

2,100

28%

17

53% Sep
11% Sep

32%

703/8 Jun

12

95% Jan

32%

26

71% Jan

15

323/g

25

18

Sep

32

Minn St Paul & S S Marie—No par

5

79

9,500

313A

Minneapolis-Honeywell Reg

4

11

7,000

32'a

30%

19

9% Jan

15% Sep

84%

32 3%

130

19% Nov

Dec

84%

32%

28%

24% Oct

4

85

3p/4

24%

Corp.,

&

Shares

85%
31%

843/4

31%

128%

Minn Min

the Week

85

10

"When

July 9

31%

100

28

Friday

July 8

86

5

common.

1st preferred

Oil

Sales for

Thursday

30%

29

102

PRICES

85%

lO3/*, Jan

23

SALE

Minneapolis & St Louis Ry__Nopar

8%

Monday, July 12, 1954

10

99% Jun

29

HIGH

Wednesday
July 7

31

Midwest

9
28

.

10

Inc

4

Jan

AND

Tuesday
July 6

30%

24

Jun

Utilities

11

8% Jan
67

19% Jan
88 ' Jan

1

Midland

Petroleum

South

Monday
July 5

Par

55% Jan

30

42

Middle

3

Feb

22

21

STOCK

Jan

2

27

9

253% July

20% Jun
8% Dec

53% Feb

Mid-Continent

17

293/s Jun

26

Jan

YORK

LOW

EXCHANGE

Highest

Lowest

Highest

.

Continued—Pagi t

STOCKS

Range for Previous

.

9 %

30

9%

:

88%

.

:

~

88%,

89' V

j

•

90

150

'

105%-c % *105

105-%.

*101%

102

101%-

*100%

101

105%

•

>100% 101%

r

29%

31%

9%

9%

*

-

v

'

173/4

17%

18

18%

23%

23%

23%

23%

101%
32

»

'

570

330
-

•

20

32%

31,600

9%

6,800

18%

18%

1,800

23%

23 %

1,400

43%

6,500

'

9Y4

*

o
34% Jun

10

94% Jun

12

83

12

Jun

100

May 18
97% Jun 12

39% Feb

2

38% Jan

4

Jan

2

1023/4 Jan

4

93 % Jan

27

92% Jan

5

106

106% Feb 25

For

footnotes

see




page

22.

95%

4.56%

preferred.

IOO

1073/4

1073/4

4.44%

preferred

4

69

4

30% July

Oklahoma Gas & Elec Co

20

4%
preferred
Oklahoma Natural

9

24

1053/4

95%

54% Jan

20

19% Dec

1053/4

IOO

26% Jan
Jan

1

43%

100

preferred

108

21% Jun

16% Sep

43 3/8

preferred

3.90%

common

6

6

57% Aug
28

121

4.40%

18

Mar 23

10

10

Ohio Edison Co

104 % Jun

9

49% Jun

7

106% Jan

104% Dec

23% Jun

43% May 25
108% Apr
98% Apr

1/8%

110% Jan
Apr

Mav

Apr

23% May 24

Ohio

Oil

IOO

62%

10

29%

20
Gas

♦105%

No par

Co

20

22%

22%

com

7.50

107

43 y8

106

T—i o

433A
106

95 %

£

*105'A

97

43 3A
106

433A
106

43%
107
97

107%

96%

96 %

108%

*107%

108%

♦106%

108%

107

*105'A

107

*105%

107

63%

61%

63%

30%

29%

30%

20

20

20

22%

223/4

(2%

97

62%

62%

30

30 V8

x2Q 34•

*20

20%

10%

19%

22%

22%

23

22%

100
240

30
—

62%

8,100

23%

6,000
600

3,800

Number 5341

Volume 180

.

.

(171)

The Commercial and Financial Chronicle

.

NEW YORK STOCK RECORD
STOCKS

Range for Previous
Lowest

Highest
14% Feb

15

8% Dec

NEW

Range Since Jan. 1

Year 1953

Lowest

Oliver

73

12 y4 Jan

4

87 y2 Jun

20
15
7

Omnibus

7

Otis

4%%

23

95% Jan

9

4

15% Dec

28

14% Jan

26

20%Juo

37% Aug 31

46% Dec

21

44% Jan

11

62

20

42 % Oct

21

37

13

84% Jun

30

23% Jun 22

28 y8 Jun

30

71% Sep
9% Mar
Feb

28

2~

79% Oct

Jan

84

Jan

83

6

Corp

4

Jan

9% Jan

2

Apr

July

Monday
Par

11%

11

11'/a

10%

11 %

10%

11

84.

83%

83%

83 7/8

83%

83%

84

5

19

19%

19%

19%

19%

19%

19%

193/4

7,900

No par

58

60

59 %

62

60

603%

59%

60%

10,500

24%

25%

25%

25%

3,900

76%
25 %

25%

25 %

25%

*84%

85%

85%

85%

1

—

14 %

14 %

14 %

14%

5

70

70%

71

71%

88%

89

88%

89%

17%

,-2.50

16% Jan

4

Overland

11

71% July

7

Owens-Corning Fiberglas Corp

77 y4 Jan

12

91

July

9

Owens-Illinois

17

16% Oct

15

13% Mar 11

38

Sep

18

55 % Dec

21

50

£9% Jun

16

81

Mar 12

(The)

Corp

Glass

8,700
190

76%

83%c

——No par

Marine & Mfg

Co

Jan

11% Feb

Shares

July 9

83%

"When issued"

Outlet

Sales for

the Week

Friday

10%

_1
preferred—100

(The)

Corp

Outboard

July 5

common

convertible

Elevator

8

Jan

87

29

STOCK

YORK

EXCHANGE

Highest

Continued—Page 9

I
LOW AND HIGH SALE PRICES
Tuesday
Wednesday
Thursday
July 6
July 7
July 8

Co..

12.50"

100
f.

*85

853/4

♦35

14%

14%

70

70%

88%

89 %

853/4

50

*14%

141/4

1,300

69%

703/4

3,000

89

91

5,700

17%

5,400

P
18

16

Dec

Oct

28

88

Mar 10

7% Oct

38%

iun

28

62

Feb

10

50

Jun

25

32% Apr

30

Pacific

Finance

July

9

Pacific

Gas

37% July

9

Pacific

43

9

Pacific

16

73% Mar 26
57% Mar

44 % May

16

30% Feb

2

May 17

17
4

28% Jan

20

44 y2

39 % Jan

31

4

33% Feb

Mar 17

34% Dec

2

32% Nov

15

Jan

12

22

119% Mar 10

114% Jan

13

129% Jun

25

142% Jan

22

137% Jan

4

4% Sep

15

8% Jan

28

22% Feb

20

23

Mar 17

30

22% Nov 25
110% Sep

9% Jan

8y2Jan

8

5

16

3% Dec

28

6% Jan

19

3

8% Sep

14

11% Feb

26

Packard

9

Pan Amer World

preferred

Jan

8% Apr

14

33% Jun

17

Paramount

Dec

30

34% Jan

7

21 y4 May

27% Jun

16

Park

30% Jun

10

44% Jan

7

30% Jun

22

37% Jan

29

Parke

30

35 % Jan

15

40% Jun

1

Parker

6% Feb

17

9

Parmelee

16

15

8 % Jan

5

8% Apr

9

3y4 Mar 12

7% Feb

6

Jan

8

2% Apr

4% July

18

Jan

7

38% Dec

11

Dec

3

2vb Dec 22
10% Oct

20

Jan

5

27% Sep

15

34

20% Nov

32

35

39

Feb

37

Mar 30

May

7

30 y4 Jan

4

Feb

10

23

81% Dec

9

73 y4 Jan

4

10

41% Dec
107% Feb

3

July

4
18

109

Mar

Mar 18

107

Apr

15

Penn

4

145%

145%

145

145

144 %

144%

144%

144%

40

1

5%

5%

5

5%

5%

5%

2,100

common_4

28%

Corp

10

&

3%

12%

5

Distillers

7%

7%

73/8

7%

73/4

4%

4%

43/8

4%

41/4

1,500

3%

33/4

4%

4

4%

10,300

12 %

12%

12 3/8

123/4

12%

123/4

3,100

38 %

38%

38%

38%

38

38%

900

35%

35%

353%

36%

36

36%

1,600

prior preferred-

preferred
preferred
(J

C)

Co

Cement

Corp

Sand

Corp

Glass

18 % Jun

16

Penn-Texas

32% Jan

15

Peoples

148% Mar 16

156% Jun

17

45% May 21
16% Mar 12

Pepsi-Cola

49

Sep

Dec

28

Feb

11

55

Jan

30

101 % Feb

9

107

May 19

6

18% Jan

4

21% Mar

46

14% Dec 30

19% Mar 25

26

34 % Oct

July 28

91% Jun

108% Jan

2

100% Jun

29

29% Sep 21
28% Jun 16

43% Feb

5

30% Jan

4

32"% Jan

20% Jun 24

19

11

1

111

Jan

5

106

86

Jun

24

99

Jan

2

94

96% Jun

10

108

Feb

26

103

108% Nov

12

107

18% Jan

8

July 7
8% Sep 21
26% Nov 27
80

36% Jan

101

Apr

2

Jan

11

107

Apr

27

Jan

11

110

May

7% May

10% Jan

3

28

Feb

17

83

Jan

7

Nov

41% Dec 29

55

Mar 13

88% Dec 29

101

34% July

23

83

Jun

5

6

Mar

3

94

44% Jan

2

95

Apr

90

23

Jan

6
8
11

Dec

30

98% Jan

86

Apr 27

18% Jan

27

29

Dec

23

29

Mar

9

39% July

1

98

Jan

29

93% Feb

5

97% Apr

48% Sep

15

69% Mar 25

53% Jan

4

67% May 27

10

30

19

10% Jun

4

13% Mar

Dec

32

Sep

85

July 22

19

Jan

May 18

37% Jari

21

101

14

35

2

100

Jan

6

22% Mar 27

106% May 22
18% Dec 29

Jan

2i

Jan

45% July

12

July

Jan

103

9
11

$4

106% May 22

77

Dec

29% Jan

41% Sep

15

11

15

Sep

Feb

17

Jan

7

59% Feb

76% Dec 29

5

94

97

24

3

16% Mar 18

85

42% Mar
11% Jan

Feb

6

58% Mar 16

165

11

86

155

153% Jun
Sep

6

4

3

162

18

5

22% Mar

23

Jan

77% Jan

Sep

148% Apr 21
44

l~7%J~un
80

Apr

53% Jun

3

13

29

160

162

Jan

169

52

Jun

Apr
Mar

59% Feb

6% Jan

7% Mar 22

6% Dec

31

9% Feb

12% Sep

15

21% Jan

5

12% Jan

18% May 27

21
59% Dec 31

73% Feb

27

60 y2 Jan

70% Jun

Mar 20

62% Jan

11

17% Sep

25% Mar 18

19% Jan

5

Jun

3

148% Feb

12

18% Jan

8

27% Jun

16

60

Sep

75

15

150

146

Jan

9

18

Sep

14

Apr
31% Jan

Sep

14

98

86

23% Sep

Jun

110% Jun

28

5%%

1

12% Feb

16

Plough

Jan

4

29% Jun

24

Plymputh Oil Co

2
3

22

4

35

Jan

29

Pond

29

14 y4 Jan

4

17 % Apr

29

Poor

15
8

16% Jan

7

11% May
39

May

7

71% Dec
15% Jan

59% July 1
9% Dec 31

7,
16
20

May

7% May
34

May

68

Feb

19

4

26

4%%

17

88

Jun

30

Procter

9% Mar 31

11

Jan

5

72% Mar 16

80

Jan

20

35% Dec

11

33% Jan

38

July

29

35% Jan

18

38% Apr

7

18

37% Dec

73

Jun

23

84% Nov

5

82% Jan

7

22

Jun

3

26

Jan

5

25% Jan

12

25

Sep

15

27% Oct

30

26l/4 Jun

22

27% Jan

20

25% Jan

9

27% Feb

24

25% Jan

4

92

Jun

4

Jan

6

97% Jun

2

35 % Sep

15

43% Jan

20

40% Jan

4

Jan

4

42% Sep
103

jun

102

64% Jan

2

2

109% Mar

14

47

4

108

Apr

6

30% Mar

-

$4.75

55

Mayl7

64% May 24

110% Jan

29

Co of Colorado

10

of

Indiana—No par

100

Serv

Co

Pub Serv El

$1.40

6

6

5

No par

preferred

cum

251

4.32%

12

103% Apr

.—No par

3%%

3
26

29% July

10

preferred
preferred
4.90% preferred

Public

12

Mar 19

27% Apr

4

24% Jun

Co

preferred series A—50

Gamble

&

Public Serv

8

28% Jan

10

24 % Jun

92% Mar
27

Electric Power

conv

Publicker Industries Inc com

20

82% Jan

5

No par

Pressed Steel Car Co Inc com (Del)_l

5

Jan

29

1

Pocahontas

Creek

38

26% Jun

5
5

L

& Co class B

5

76% Dec

29% Jun

conv

Inc

Potomac

Apr 26

9 % Jan

1

160..

preferred

11

10% Feb

19% Mar 23

8

7% Sep

84% Jan

2

convertible

89% Jan

46% Feb

13

16

14

146

3

23% May 14

17% Jan

23

13% Oct

2

73% Jun

11

24

34% Apr

14

30% Dec

27

July 30

12% Jan

10% Sep 15

26

.

div

4.08%
Pullman

Pure

5%

Oil

—

25
No par

& Gas com

preference com—No par

100

preferred

No par

Inc

(The)

conv

No par

common

preferred—/

100

9

28

Jan

4

30% Mar 16

131% Jun

17

146% Feb

2

143

Jan

5

155% Apr 21

20% cep

15

25% Jan

2

21% Jan

15

24% Apr 29

5
100
Quaker State Oil Refining Corp—10

21

Nov 19

23% Jan

8

22% Jan

11

32% July

Radio Corp

68

Jun

79

2

76

Jan

4

25% Aug 31

18

,

Jan

2% Oct

15

4% Jti

6

2% Jan

3% Sep

15

5% Dec

4

4% Mar

86

Feb

26

55% Dee 30




96

NOV

9

47% Mar 25

90% Jan
37

Jan

28
1

12
4

Quaker Oats Co
6%
preferred

(The)

com

6
99% Mar 29

of America com—No par
No par
Corp
1
RKO Theatres Corp—
1
Ralston Purina Co 3%% pfd
100

45% Apr

Raybestos-Manhattan

8-1% Feb
7

July

6
11

6

8% July

27

$3.50

RKO

42%

107

107 3/4

104 %

104%

220

1st preferred

Pictures

Noaar

250

16 'A

16

16 %

16

16 %

16

16%

35,600

50%

50

50%

49%

49%

49%

493/4

5,100

17

17%

17

17%

*32

155%

155%

♦42

43»/4

15%

15%

531/4

53i/4

42

♦155

54

:

.

14%

15%

14%

15%

/

54

*53%

22

11%

12

30%

104

102%

25%

25%

109%

108 %

97%

25%
X109

96%

600

43

15%

Xl5%

43

106

31%

400

43%

22

11%

11,400

43%

*103

30%

17%
32 %

156%

17

42

22

21%

32%
157

32%
155%

17 y8

32%'

155%

106

♦103

17

32%

32%

155 %

103%

12

113/4

31%

31

103

53 %

54

103'%

*102%

22%

*22

11%

25%

300

,

4

10

500

22% f
11%

3,500

32%

11%

32,700

103%

1,210

40%

103 %

40%

15,600

36"%

37%

7,400

103

25 %

25%

253/8

109%

110%

*109

97%

110

53%

31%

32

102

700

26,100

105

22 %

37 %

100

5,700

42%
104%

41

St L RR

'

110

107 %

363/4

—

-

42

40 3/4

1
Chic Ry com—100
7%
guaranteed preferred
100
Pittsburgh Plate Glass Co
10
Pittsburgh Screw & Bolt
No par
Pittsburgh Steel Co com
No par
5% preferred class A
100
5%% 1st series prior pfd
100
Pittsburgh & West Virginia
100
Pittsburgh Young & Ash pfd—100
Pittston Co
(The) common.:
1

4

42

37%

Pittsburgh Forgings Co

5

41%

4IV4

Pitts Ft Wayne &

15

107

463/4

37

No par
;—100
No par
5
25
No par

— —

45

*105%

47

40%

Pitts Consolidation Coal Co

15% May 10

July

*43%

107

41

preferred—No par
$4.80 preferred (conv)
No par

19

45

1063/4

37%

preferred

$5

*43%

37

Pitts Coke & Chem Co com__No par

19

Apr

Hosiery

&

453/4

45

*106

40%

Petroleum

C

2,900

47

108

*43%

45

common—No par

Co

Corp

Pitts C

47%

46%

47

108

100
12.50

(conv)

Pitney-Bowes Inc

30% May 12

3,900

32%

No par

Pillsbury Mills Inc common

2

29

88"%

49%

100

100
100
100
100
1

Phoenix

88

16

par

Phillips

89%

413/4

Phillips Jones Corp com
5% preferred

3

883/4

107%

common
i,
3
preferred series A
100
Philip Morris & Co Ltd comraon__5
4%
preferred ——:
100
3.9% series preferred
100

2

89 %

*103%

3%%

1

92% Jun

87

88

1041/4

No
preferred
3.8% preferred —
' 4.3%
preferred
4.68%
preferred
Phila & Reading Coal & Iron
Philco

35% July

5

88

5
28

,

80

88%

'

107%

4.4%

May, 28

28%

107%

$1 conv preference com

3

26% Jun

113% Mar 29

5

27

Apr 28

Jan

Jan

28%

28%

♦103 %

Corp

Electric

Phila

♦273/4

28%

103

preferred

2nd

Phelps-Dodge

7

39% May 26

4

23% Jan

Jun

104

41% July

32 y4 Jan

25% Mar 17

99

4%

112% Mar 30

18

(Chas)

28%

28%

46%

5
1

Pfizer

*273%

28%

1041/4

Pfeiffer Brewing Co

11

28%

28%

*43%

& Co Inc com

11

Feb

38

*27%

28 %

•106

100
5

of

28%

88%

America

Corp

25

1071/4

preferred

15% Jan

11% Apr 20
20

30 % Jun

20

4%%

Petroleum

*24

28%

33 %c

24% May 27

3,100

25

1041/4

Pet Milk Co common

May 24

105

8

15

1,600

*24

107 %

Co

7,100

25

100
100
50
10
10
5
100

Inc

100

31%
39

*24

41%

1

Corp

27

31%
383/4

25

41%

Peoples Gas Light & Coke
Peoria & Eastern Ry Co

Stores

35%

27

31%
39% »:

♦27%

1

Pennsylvania RR
1
Pennsylvania Salt Mfg Co__
Drug

38%

35%

26%

No par

& Light com
preferred
series preferred

5

17% Sep

38

100

Power

4.40%

12

*26

♦24V4

7
com

Mar 18

99

12

25

preferred

23

38% Aug 21

8,000

3%

147/« Apr

4

23,500

32%

7%

32 % May 27

13 y4 Jan

40

8

7%
32%

4%

11

15% May 21

26%

6,600

3%

29

15

*25%

8%
32%

600

75

:101

4%

15

10% Jan

59

74

32%

32%

75,000

7%

Sep

Mar 26

32%

49,900

3%

10

33

*56

*100%

73/4

32%

200

3%

4%

28% Sep

22

8

9%

123/4

3

12%

7%

common

50% July

Dec

75%
101

8,500

5

Co

2

48

58%

74

101

*9

.7

Transportation
No par
& Enterprises
5

41

14

58%

75%
101

293/4

31%

5

Sep

3%
12%

283/4

*39%

52% Jan

28

9%

3

11%

58%

75

7%

8

*9

12%

57%

293/4

1,270

31%

40 % Dec

4

7%

9

3%

3%
12

101

102

29

*5

39%

Co

18% F«b

134% Jan

76'A

32

Corp

Co—

Proof

Coal

4%%

6

57%

74%

1

Corp

15% Mar 25

15

57%
♦101

29 %

9'

9

3%

11%

100
1

5

Sep

9

5%

28%

29

1

Transp

23% Jan

11 y. Jan

10,000

45,000

125%

No par
25
25
25
No par

19

42% Mar 22

37%
43

36%

1243/4

31

conv

5%

36%

37%
1243/4

Mines

Penna

36%

35%

No par

8

35%

36%

39%

Penn-Dixie

May 26

36

35 %

40

9

47

35%

36

31%

Penney

107

Mar

35%

250

124%

16% Dec 29

127

11,500

26%

7

4

31

44%

39%

$1.30

13

Apr

104

44%

125

$1 preferred

35 y4 Jan

35% Mar 18

10

443/3

Penick & Ford

106% Feb

30% Jun

43%

31%

$1.32

19

105

441/4

♦25%

5

37% Jan

28

2

1,800

43%

1

29

29% Jan

37% Apr

39% Mar 19

14

Jun

Jun

31%

43%

2.50

47% July

24

27

31%

43%

No par

89% July

7

27 y4 Jun

30% Sep

50

31%

Peninsular Telep common

3

24

29 y2 Mar

28% Apr

30

101

25

25% Jun

29% Nov

29 % Dec

27% Aug 10
26% Aug 27
65% Mar 19

48%

31%

124

Corp

&

Rust

5%

12% Jan

*58%

49%

31%

No par

Pictures

Davis

Peabody

8

*48

:

62

38%

Airways Inc

Petrol

& Tilford

Patino

23

10% May 11

21% Aug 10
14

2

7% July

26

62

124%

Car

Panhandle Oil

26 y8 Jan

21

*58%

36 %

preferred

30% Mar 27

6% Sep

62

36%

48%

Pan-American

4% Sep

20

*353/4

31%

Panhandle East Pipe L com__No par

10

33% Jun

36%

9%

48%

19

39% Jan

*36

"

48%

19

15

23

*58%

36%.

*9

31%

Apr

15

6

62

86

•

123%

;

Motor

5% Sep

2

*58%

17%
*85

9%

100

1

24% Sep

Apr

*36

17%
86

*9

100

Consolidated

4

4%

36%

17%
*85

9%

No par

Feb

102% Mar 19

86

*9

31%

84% Apr

97% Jan

18

86

9%

48%

Day

No par

Corp

Pacific Western Oil Corp

4%

17%

87%

10

preferred
Tin

17%

*9

25

Mills

Pacific

63

69 y4 Jan

30

6%

14

9

47% Jan

88% Mar 25
98 % Dec

1

May 13

Lighting

Independence

No par

noncum

Corp
Electric

&

Pacific Telep & Teleg com

22

CLOSED

10

common

preferred

Jun

EXCHANGE

noncum—___No par

4% Jun

July

52% May 25

2

Mar

91

Co

12% July

9% Jan

64% Oct

2nd

37% Mar 16

30

Coast

preferred

5% Apr

147

28 y8 Jun

47% Mar 31

July

1st

126% May 18

4% May 18

8% Apr

33

conv

28

15

40

cum

*86

*36

5

Pacific

STOCK

100

4%

33% Apr

Oct

NopaT

com

preferred

Pacific Amer Fisheries Inc

3

55% Jun

10

Inc

16

11

25% Jun
34% Jun

Mar 10

7% Jan
57

46

Products

Pabco

May 17

88

7

5

Mar

48

34% Dec 21

Jan

82

10% Jun

137/8 Jan

6

19

14% Jan 20

11

11% Jun
80

97%

98

700

25%

170

109 %
J

STOCK
EXCHANGE

CLOSED

*95%
*103%
♦107%

109%

1,400

99

105

*103%

105

*103%

105

*107%, 109

♦1073/4

109

*107

108

*103%

105

96%

8%

4,100

8%

Independence
Day

8%

8%

8%

8%

34%

35%

34%

35

343/4

35%

35

35%

*93%

94

*93%

94

93%

93%

10

35,600

*93%

94

8%

8%

*83

*81

35%

36

37

36%

37%

37

37%

85

35%

85

85

84

84

85

85

85%

*81

85%

*81

*40%

45

*40%

97

*96

97

*96

*40%

*40
*96

*96

97

60%

60%

60%

*10%

11%

*10%

11%

45

45 %

44%

45%

♦100

101%

27%
♦102%

27%

18%
82

13%

27%

82 %

,

13%

11%

445/s

44%

100 %

28%

17%

52

13%

13%

15%

♦79

52

51%

13%

158

*154%

158

♦163%

165%

*163

165

*163

164%

56%

56%

X56%

6%

6%

6%

17

22%
*147

27%
109

17'A

17%

56%

56 3%

63/4

6%

6%

17%

17%

17 %

*69%

70

♦69

70

70%

71

71

71

22%

21%

22%

21%

22%

*147

27%

X26%
X108

163

563/4

6%

70

109%

13%

*154%

71

153

17%
*82

78%

*154%

57

28%

83%

78%

53

100

-

153

*148

1,500
80

100

28%

3,800

18

3,400

17%
70

10

83%
79%

500

52%

1,400

13%

700

158
163

10

57

9,200

6%

2,800

17%

4,700
20

70

71%

400

22

22

400

*148

153

*703/4

153

26%

263/4

7,26%

26%

1063/4

27

108 %

11,700

*105

158

70

60 3/4

59%
44%

*82

79%

---

•

♦103/a

*154%

*70%

•

11%

*105
18

*13%

853/4
97

44%

273/4

84

52

53

*82

•60%

60%

*100

28

18

79%

87

500

*10%

,

101

*82

17%

52%

*100

60%

*105

__

82

*80%

8,700

1063/4

106 3/4

107 %

■

•'

5,300
630

12%

12%

12%

12%

12%

123/s

12%

12%

800

27

27%

27

27%

27

273/8

21 Vb

27%

3,400

*26%

26%

26%

26%

*26%

16%

16%

*16%

16%

18%

18%

18%

18%

8%

8%

36

36

87

87

8%

100

*26%

27

16%

16%

*16%

18%.

8%

27

185/8

18%

16%
18%

4,200

8%

6,400

8'/a

83/a

8%

1,500

200

*36 %

37

36

36

86%

87%

86%

87

863/4

87%

4,300

9%

9%

4,100

*36

37

9%

9%

9%

9%

9%

•76%

9%

*76

76%

140

76%

76%

76%

76%

37

37%

37

37%

37%

38

37%

38

6,300

38

38%

38

38%

38

335/s

38%

38%

4,700

86%

86%

*86%

26%

26%

♦26

76%

86%

26%

86%

*26%

87

26 3a

*25%

26%

26%

*25%

70

26%

87

87

900

*26%

26%

*26%

26%

*25%

27%

27%

271/4

27 %

27%

29 %

29%

29%

29%

29

100%

100 %

*99%

100%

*99%

100%

54%

54%

54%

54%

53%

54%

54

54%

55%

56%

56%

57%

56 5%

57%

56%

57

10,800

*108%

110

—

•108 %

30

♦150%
23

110

30%

152
23%

*108%

110

*108%

27%

29%

110

27%
29

*99%

30

27%

15,200

293/a

8,700

101 %

30%

29%

30%

*150%

151%

•150%

23%

23%

23%

23%

23%

233/4

30

150%

30%
151

151%

32%

32%

32

32%

31%

32

80 %

80%

80%

80%

80%

81

6%

7

6%

6%

6 3,8

6%

6%

6%

7%

8%

7%

7%

7%

7%

7%

8

31%

323/4

80

80 3/4

93

93

*93

94

*43

44

43

43

♦

♦93

42%

20

7,600

5,800
60

4,200

145.200
"1,600
29.000

100,100

94

♦93

94

10

43

43

43

500

19

20

The Commercial and Financial C: ronicle-;'-.

(172)

««««<-*«» i.

NEW YORK STOCK RECORD
STOCKS

Range for Previous
NEW

Range Since Jan. 1

Year 1053

Lowest

Sep

14

35% Jan

5

25 % Jan

4

38% Jun

25

Rayonler

28

34% Jan

15

31% Jan

4

363/a Apr

21

15

14% Mar 18

8% Jan

tl

Sep

10% July

123/a July
10 3/4 July

9

26% Oct

9

33% Jan

8

26% Jan

24

41% Feb

5

?«% Feb

.1

31 % Dec

22

6

30% Jan

28

6

26

Feb

16

16% Jan

4

Mar

36

12% Jan

6

29% Nov

16% Oct

6

22% Mar 23

12

Sep

4

Dec

23

25

Sep

15% Jan

15

23

40% July

Reading
4%

9

4%

7

Jun

32

Jun

1

Real

Silk

19

Reed

Roller

27

Reeves

14

Jan

Reis

9% Dec
54 y2 Apr

13% Sep

18

14% Jan

62% Jun

1

Sep

18

97

Aug 14

19% Jan

Jan

8

7

10% Jan

12

56

May

193/4 July

2

14% Jan
93% Feb

100

Jan

28

19

Mar 18

22

Jan

3

Jan

27

17

4% May 18

34 % Jun

11% Jun

3

40% Sep

14

47% Jan

108% Jun

10

115% Mar 17

31% Apr

42% Oct

4% Sep

21

36% Dec

22

48

Dec

56

Jan

Jan

9% Dec

23

6%

Common

12

33

593/4 May 21

May

3

7% Jan

18

3

'

3

9

Roan

147a Mar

5

41
May 18
257a Jun 30
32

Jun

30

12

23

43% Dec

7

41

Jan

14

29

21% Nov

9

18% Jan

4

149% Dec

11

148

Jan

8

228

May 10

105

Dec

17

96

Jan

18

105

Mar 29

10% Jan

13

67a May 27
4
1474 Jan

177a May

3 3 % May

21

13% Feb

19

3874 Jan

28

30

29

22% Jan

15

17% Mar 23

323/a Jan

23

403/s Dec

18

81

12

937t Nov

9

445/a Mar

5

22% Jun

1

93/4 Feb

19

7

43 y4 Jan

1878 Jan

14

2274 Apr

20

23 7a Jan

4

62 7a Jan

8

29

193/4 Nov

24

Dec

29

333/4 Jan

30

Sep

14

7772 Feb

2

,

211

Sep

15

312

Jan

5

211

Apr

5

280

May 24

150

May 26

160

Sep

14

123

Apr

9

150

237a Mar 25

207a Jan

12

12

9372 Jan

4

1003/4 July

7

147a May

3

157a Apr

8

Nov

Sep

14

27

10 y2 Dec

22

Jan

13

24

Feb

10

6

11

Jan

4

1572 Mar

21

2 8 3/4

July

9

123/4

5,300

35%

35%

347a

3472

34%

35%

1,400

25

25%

257a

253/8

25%

10,100

31

3174

313/8

31%

29

81% Jun

4

10

2

8574 Feb

3

1023/4 Jan

1774 Jan

5

793/4 Jan

29

68% Jun

15

367a Sep

14

4572 July 31

217a Sep

15

26

74
A

20

St

Regis
1st

San

5%

A

Co

Paper

15

i

7

217a Jan

12

12 74 Mar 12

7% Jun

4

143/a Feb

60% Oct

27

80

Apr

14

357a Sep

18

42 7a Dec

3

32

Sep

15

43 y2 Mar 16

8

Dec

29

1174 Mar 25

247a Dec

22

2 6 3/4 Feb

Oct

26

6

67a July

547a Jun
40

Scovill

M'fg

conv

Jan

Co

(The)

fund

sink

37% Mar 11
9 7a Jan

15
5

513/a Apr 29
1°% July
7

Servel

Co

&

Oil

Sheaffer
Shell

Oil

Sheller

6

153/4 Jan

9

4

37

May 10

Simmons

35

30

43 74 Mar 20

36 74 Jan

6

39

Feb

Simonds

437a Mar 20

32 7n Jan

4

4472 May 25

Saw

Sinclair

Oil

Aug

5

357a Jan

4

505/a Mar 29

8

257a Jan

5

3872 Jun

Smith

22

17% Feb
58 3/4 Mar

7072 Feb

13

Dec

8

27

672 May

4

35

Apr

25

40

May

217a Mar

6

13% Jan

6

9 74 Feb

9

Steel

(A

Smith

common

Inc

Co

14

21% Mar 20

153/4 Jan

4

21

Mar 23

Solar

Jun

18

1403/4 Mar 13

1387a Feb

18

165

Apr

30

Solvay American Corp 4%

14

57a Jan

4

7

Jun

30

South

2

15

Mar 26

147B Jan

6

1

53

May

1

49% Jan

8

54

31

5374 Feb

5

29% May

6

373/4 Jan

Dec

16

40

Jan

13

3372 Jun

9

137a Sep

15

22% Jun

393/a Mar 16

Jan

11

37% Jan

11

1772 May 27
Mar

443/4 jvn

1674 Feb

2

15 7a Jan

5

11

277a Feb

24

25% May

6

2774 July

5

333/4 Feb

10

28% Feb

2

32% Apr

357a Dec

29

493/4 Mar 18

36% Jan

4

45% Mar

38

Sep

11

497a May 20

39% Jan

11

367. Sep

21

40

37

73

Mar 30

1172 Dec

11

43/8 Dec

31

8072 Oct , 2
157a May 25
73/4 Mar 17

4% Dec 29
103

Oct

2

May 21

73/4 Mar 25
107

Dec

21

80

Jan

5

Jan

14

1274 Jan

5

4-

Apr 22
4% Mar 16

85

July

9

Feb

18

6072 Dec

22

55% Mar 31

9872 Feb

2

10172 Dec

16

101% Apr 27

5

44

12 y2 Sep

14

197a Jan

353/4 Sep
5% Sep

14

49 7a Mar 20

52% Dec

29

14

213/4 Aug 31
25

Sep

803/4 May

15

Jan

4

11

187a July

28

28

8

67a Jan

4

87a Jail

14

4

6172 Jan

7

11

383/4 July

6

293/a Mar 18

287a Jan

5

91

86% Jan

4

11
6

107a Sep

15

2074 Mar 18

For footnotes

see




page

22.

12% May 17
127a Jan 28

1,900

*24%

243/4

24%

24%

900

12 74

1274

12 74

2,800

18%

18%

18 y4

9,100

13%

13%

13%

137a

137a

7,500

98 3/8

97%

977a

977a

9774

10,200

*9172

92

105

92
105

29%

2974

29 74

8774

*8674

87%

104%

*783/«

*103

207a

203/a
81

*783/8

v;

104 72

2074
81

92

*10472
29

*8674
*103

20%
*78%

*92

92

40

93

10

106

*104%

106
29 7a

28%

29 7a

8774

*8674

8774

103

1047a

2,300

"IO

103

207a

*20 7a

207a

81'

♦783/a

81
57 3/4

5,100

27%

27 72

27%

277a

27%

27 3/4

,2,900

*10474

105

10472

1047a

104 74

10474

104%

1047a

30

3774

38

37 74

377B

3774

37%

36%

367/a

7,500

153/4

153/a

153/a

200

10,800

■

57%

57%

27

27%

57

5772

573/8

57

1,100

577a

15%

15%

*153/8

65%

6674

65%

66

65

653/4

653/a

6674

28%

277a

28

27%

27%

27

277a

28

153/4

*153/8

7%

7%

8

8

8

7%

67a

7'%

67a

55%

5472

54 7a

5474

547a

473/4

48

463/4

473/4

4774

303/a

30

30

307s

29 74

87a

300

67a

7

543/4

2,600

,*7%

7 7a

17,300

•

8

7

320

547a

55

47%

473/8

477a

4,400

3-0

28%

29%

7,200

1,200

8%

8%

8%

8%

8%

87a

872

26

2672

*25%

26 7a

*2578

267a

*25%

2674

300

46

463/4

46

46 7a

457a

46

4574

4574

12,800

1974

193/a

197a

19 74

193/a

197a

1974

7,300

41,300

8%

18%

10

10%

1072

11%

1172

,123/4

3574

353/a

3574

353/a

3574

357a

357a

357a

38

38

3874

383/4

39

39

39

39

403%

413/o

41%

41%

41%

42

413/4

417s

24,800

447a

4,400

9%

93/4

2,100
900

437a

447a

433/4

4474

44 74

4474

4472

377.

3772

37

317a

373/8

373/8

37 %

3774

2,600

8%

874

8 3/8

874

87a

3,500

377a

377a

*377a

8%

87a
*37

*37%

39

43

43

43

1772

17

8 7a

17%

39
43

17%

*43

173/a

39

250

177a

17

17%

50

43

43

43 7a

22,100

193/4

193/4

193/4

197a

19%

197a

197a

1974

1,400

43 72

44

43 7a

43%

43

43%

43 7a

43 7a

42,100

173/4

1874

17%

1874

18

187a

1874

187a

12,600

„

171

*165

7

6%

164

63/4

164
7

16%

*160

*168

167

100

178

678

6,500

177a

22,000

63/4

67a

63/4

163/4

1774

177a

*52 7a

537a

*52 7a

323/4

.33 74

33%

34

,36

353/4

353/4

400

•

5372

*52 72

32%

3378

36

357»

36

447a

4472

44%

44%

4474

44%

443/8

443/4

11,300

18

17%

187a

39,900

preferred
Southern California
Co

(The

Indiana

Edison

)

Gas

Southern Natural

25
_25

5
&

Elec__No par
7.50

Gas Co

5%

Pacific

non-cum

Co

(Del)

No par

preferred

50

Mobile & Ohio stk tr ctfs

100

Spear

6474 July

15%

36

8%

13

19% Jun

200

157a

1672

20

6

10074

157a

100

33%

574 Jan

27

1003/4

153/a

100

1674

6% Apr
7274 July

49,000

337a

Spalding (A G) & Bros Inc
Sparks Withington Co
No

1033/4 Jan

2874

*527a

Southern Railway common—No par

19

273/4

27%

50

&

preferred

6

Jan

10

165

G Co com_4.50

5%

8

106

1,600

240

*135

South Porto Rico Sugar com.No par

46 74

9

240

165

133/a

*20

1

583/4 July

14% Jun 16

280

1,800
6,200

98

105

*103

5

South'n

24% Jan

Feb

Day

pfd—100

1003/4

28%

Platinum—!_1

&

10074

*8674

15

Co

Gold

South Carolina E

South

53% Jan

1774 Jan

*10372

Independence

5

July
8874 July

8,500

92%
107

1672

Southern

97a Mar 19

29

Amer

9

677» Mar 23
6

Aircraft

9

23

317a Jan

12% Dec

5

14

4374 Jan

1

18

3874 Mar 29

Jun

23

Q9

CLOSED

5

Co Inc

47a Ser
Oct

1,600

13%

^

EXCHANGE

No par

Smith-Douglass

Socony Vacuum Oil

34

98

STOCK

10

Smith-Corona Inc

203/4 May 21

327a Dec

107

:

99

133/a

100

4572 Apr

33

18%

1874

—100

4

117a Jan

12 7a

preferred

4

273/a

187a

preferred

15% Jan

28

1872

3 72%

35% Jan

27%

28

*

12%

4.20%

1

*135

18%

May 24

5

47

92

91%
107

250

*240

165

12

May 24

187a Jun

250

127a

No par

Inc

(Alexander)

*246

*135

1

25

50c

Corp

377a Jan

27

39%

12

_25

O)

30

7% Feb

3974

243/4

No par

18

1472 Sep

39 3/4

1572

1

143/a Dec

121

39

25

41

8

4074

15%

47

26

393/4

24 72

5

173/4 July

40%

4574

15%

23
12

106%

100%

1

America

30

Sep

91%

1073/a

15 72

No par

Skelly Oil Co

Jan

15

923/4

1073/8

*9972

No par
Co

Corp

42

21

46

*903/4

27 7a

_1

G)
Pen

&

37

Dec

453/4

46

45 72

913/4

203/4

No par

14

8

46

467a
107%

39

_1

Co

29

4272 Oct

/

913/4

46

No par

Mfg Corp
Corp of

2372 Sep

3872 Oct

:*

107 7a

7.50

3374 Oct

4

500

_1

Gas

Sheraton

29 74 Jan

11

6,000

137a

_5

Co

20

3072 Sep

Co

Corp

(W A)

173/4 Jan

1

39 3/8

*13%

No par

Co

&

(Frank

Shattuck

34

123/4 July

387a

137a

40

common

Steel

Sharon

15

Dec

Co

preferred

Shamrock

15

Mar 15

387a

13%

1

Rubber

Inc

$4.50

287a Sep

7

3774

14

5

Roebuck

1374 Sep

Jan

38

14

common—__1

Co

Seiberling

2974 ^eb

37 7s

14

preferred-No par

Seeger Refrigerator

8 7a Jan

4574 July

RR
Co

6

25% Jon

37%

14

100

Line

3

8

36'

100
5

com

preferred

10 74 Feb

5174 Apr

27 7a May

3.35%

283/s July

4

16%

100

preferred

Elec

Corp

13

16'/a

25

preferred

Seagrave

26

16 74

No par

common

4.30%

Sears

974 Jan

1674

No par

3.65%
Scranton

66% July

697a Jan

167a

No par

Co

Oil

7

1674

5
1.40

preferred

Seaboard

14

1672

10

preferred

July 6
1874 May 24
6

16%

,

5

Paper Co common

$3.40
$4

$5.75

267a Mar 27

13

7

Scott

9

Jan

2,400

15c

106 7a Mar

13

73/4

10

Electric Co
Corp__
Industries Inc

5

577a Mar 16

73/4

100

common

Arms

Finance

177a Mar 24

7 3/4

—100

series A

4.40%

pfd

Air

627a Dec

10

774

5

Diego Gas & Electric Co

Seaboard

17

500

1013/4

774

165

Seaboard

29

*99

774

255

9

12 3/4 Dec

102

7%

*135

1

38

*99

102 7a

1

new

preferred

noncum

19

•

101

'

771,

*246

5%

Feb

9

101

900

222

Louis Southwestern Ry Co—_100

St

273/4 July

Jan

>220

6,400

583/a J^.i

102

222

12,300

4

9

*215

10,600

69

1

81

220

1,000

43%
19 3/4

267»

14

56'/a Apr

11

2

2

*101

220

«'

217a

uU

24

367a July

20% Sep
83/a Sep

Mar

20 3/4 Apr

219

216

100

coAimon

Jan

8

3

107

195/a

5

Jan
O

Dec

10372 Nov

993/4 Aug 24

4

89% Mar 23

15

3

110

26

29% May 26

8

Feb

177a Dec

19

98

257a Jan

8672 Feb

30

Jun

15% Jun

313/4 Jan 12

29

Jun

43

197/a

68 72

Savage

Feb

427/s

1974

26

Sangamo

95

42%

13%

21%

1

105

42%

193/4

683/4

5

1003/4 Jun

42-%

20

2674

Schenley

8

42%

19%

21%

26 3/4 Mar

4

X42 7a

5

1

687a

12% Jun

May 26

3134

par

Schering Corp

Jan

3174

25

257a

19

89

2534

3174

217a

20

69% Jan

3574

24%

683/4

14% Feb

102

34%

25%'

3174

*'

267a

227a Jan

247a Dec

•

12

21%

4

6

100

5,400

12

*237a

68 72

28

9

8,400

23%

12

-

267a

11% Jan

25

3,200

527a

23%

%

12%

~

21

177a Apr

Feb

37%

52%

24

12 74

24

68%

6

91 y2 Jan

39 V,

53%

12%

va

26%

Mar 23

707a Dec

•>»

52%

600

20%

Jan

105

1,090

68

17

1

97

26 7a

28

18

78%

96%

123/a

20

_1

series

15

16

78%

9772

—100

Preferred

15

Jun

78

97

01

.

10%

St L San F Ry Co common—No par

Sep

Jan

78
: /

107a

preferred —Z
10
conv preferred—!
—100
St Joseph Lead Co
10
St Joseph Light & Power—No par

Sep

98

1,900

47

10 7a

4.30%

11

857a Jun

*44

63,000

1074

common

(The)

20

54

47

4,600

878
36

1074

4%

May 14

277a May 25
70
Feb 15

Oo 72

8

353/8

1074

Typewriter

Stores

16% Jun

32%

b'A

8
36 78

6,000
10,100

787a

"

1

Safeway

61

7872

32 7a

*44

497a ;
6V4

6%

77%

10 74

Mines

Ronson Corp

467a May 13
967a Feb 11
2

7%

9774

49%

674

7872

78

47

49 7a

123%

10 7a

preferred series A

4%

67a

>122

11,800

♦23 7a

common

Co

Haas

123 74

4%

02/4

conv

&

Rohm

24,800

3574

7874

32%

500

597a

367a

9672

'

117a

583/4

874

8

34 7.
*44

-

4%
117a

5974

48%

67a
78 74

78

4%

11%

*122

49%

97%

32%

474

ll7/4
59

*

2374

(Jacob)

417a Jun

4%

52 J/4

preferredRochester Gas & El Corp—No
Rockwell Spring & Axle Co
572%

Co

11

18,000

*23 74

preferred series A——50

Ruppert

317a Jan

323/4

49

47

?

4.50%

Ruberoid

2

32%

67a

78

Roberstshaw-Fulton Controls com__1

9

22

96

Inc

9

1073/8 July

5

Mills

163% Mar

4

20,300

32 %

No par

Antelope Copper

393/a July

14

80

273/4

_No par

Royal

883/4 Jan

97%

273/8

777a

97 74

—1

Co

Corp

5

103 7a Jun

307a Oct

Oil

Robbins

Jan

14% Dec

Manufacturing

Rheem

Ritter Company

July

10 3/4

7

9 If/a

27 7a

6%

"

Richfield

26,900

977a

79 74

*44

—10

—

80

32 74

123 74.

497a

6

19%

27

*12172

12374

497a

19%

*96%

11%

/

19 74

33

60

11

11

1874

97%

58

2778

474

No par
Inc___——2.50

2,200

58

3274

5974

*121

9%

58

27 7a

11%

100

11% Dec

32%

4%

100

Mar 22

19

*96

96'%
27 74/

31%

*57%

47/a

series

24

9

27

58

117a

series

Apr 29

2574

9%

59%-

3.60%

27

57a

'24 74

9%

117s

4.50%

20

*474

25 7a

9%

5874

Preferred

25% Jan
48% Jan

5%

*24 7a

1874

18%

9o%

*474

va

-10

preferred-

Preferred

5

600

9%

Steel Corp com
No par
conv prior pfd series A—100

5

25% Aug 14

15

Day

57a
20

*57 7a

58

187a

Independence

'/a

97a

97a

*57

■", CLOSED

*>2t

257a 1

93/a

Aviation

10

4

91 y2 Sep

*24 7a

_1

Feb

4

17V4 Sep

—25

Feb

17% Jan

Jun

L—50c

—.———

Inc

'88

21% May

2

preferred

•

*474

57a

*4%
STOCK

EXCHANGE

83/a

3

24

1,300

347a

21% Mar

Jun

1374

83/B

44% Mar 10

6% Sep

13 74

33%

27% Mar

92

1372

Reynolds (R J) Tob class B——10

31

241

*1374

4

15

Apr

13%

Jan

29

115

1374

78 74

16% Sep

18% Dec

133/s

Drug

11% Dec

35% Jun

13 7a

Copper & Brass

26% Dec

7

1,500

Rexall

9% May

22% Oct

100

18

50c

104

29% Mar 18

6% Apr

29

18

2

65

26% Dec

'28

18 74

2

14
9

29

*18

July

14

Oct

3574

*28

1874

78

22% Sep
22

*34%

29

95% July

43% Sep

35

200

35

Reynolds Metals Co com—No par
Reynolds Spring Co——;——.1

1

34%

100

1,000

,

18

Revere

87a July

4074

3972

5
25

40% May 18
483/4 Mar
4

2874

4074

39%

30

2

2874

40

7% Jan

5

1074

*397a

79% Jun

Apr

1074

28 7»

40

12

50

117a

287a

& Co—

convertible

$1

1,100

*1074
2874

—

28 74

28 74

9,300
38,700

*28 7a

5

Jan'

11

*34 7a

5

90% Jan

5

14

1074

18 74

Mar 16

98"% Dec

11%

29

46

80% Jun

10%

xll

35

Republic

May 27

1174

22

24

33% July

Aug 10

107

123

127a

Jun

6

58% July 21

31

8

3674

18 7.

Corp
1
Republic Pictures common——50c

1

18

37%

3674

51% Jan

16

9% Mar 20
49

Mar

11

37% Feb

22

13

14

114

30

6"% Apr

7

5% Feb

9

5% Jun
12% Jun
60 % Jun

10% Jan

52% Mar 17

37

367a

29

Inc———;

Motors

Republic

37%

35%

*34 7a

5

Mfg

$4.50
Reo

373/a

35 74

*39

50

Remington-Rand common

6
2

<

37%

35%

2874

-

14

42% Sep

9

Mar 26

Apr

373/8

3574

No par

Co

Co common——5
pfd 3%% series
—100

Conv

3774

12

div prior preference
10
Stores Corp
No par

Reliance

Shares

3774

50

preferred
Mills—

2nd

the Week

353/4

—

Bit

(Robt)

Reliable

59% Jan 20

May 13

23% May 25

12

2% Sep
9% Sep

Jan

29

23

19% Feb

21
14

84

1

8 %

19

29

3

July 9

■

Hosiery

Bros

$1.25

53/a Mar 19

4% May

26

Friday

July 8

1st preferred—50

noncum

Sales for

liiursday

July 7

—.

common..,..

18% Apr

24% July

7% Mar 20
31% Feb

Co

PRICES

VVeuneaday

July 6

common

noncum

SALE

Tuesday

July r,

Par

issued"

"When

35

12% Apr 27

16

9

293/a May 24

13

36% Dec

6

Inc

$2

HIGH

AND

Monday

'

'

i
1
—^.———_25
Co—
_5

preferred
Raytheon Mfg

8

STOCK /

YORK

30% Dec

22

LOW

EXCHANGE

Highest

Lowest

Highest

Monday, July 12, 1954

.

&

Co

1
par

1

common...

•

1772

173/a

173/4

263/4

2634

267a

26%

27 7a

27

2774

3174

31%

317a

31%

317B

317a

31/3/4

3,100

42

43%

42%

433/8

423/4

43 7a

42 74

4274

26,800

5774

583/4

45%

4574

*88

90

57

453/4'
♦88

13%

137a

1374

472

4%

4%

*4%

*10172

5 7a

*4 7a

577a

474
5 7a

*80

95

7274

*7074

717a

*101%

5674

577a

18,300

467a

467a

3,000

8874

88 74

133/4

1378

133/4

133/4

2,000

47a

47a

478

47a

2,400

46

*88

95

103

573/a
4674
90

567a

46
90

14

103

3,400

47a
*80

5

95

70%

70 3/4

102 7a

1027a

*4%

'

85

71

♦1017a

574

200
10

85

'7174
103

10

-

2,000
100

4,200

(stamped)_No

197a

187a

19

187a

18%

1872

19

60%

617a

61

62%

617a

64 74

637a

647a

23,700

—2

Spiegel Inc common
Square D Co

18%

1

(The)

$4.50 pfd

2,300

17

Spencer Chemical Co common—
6
4.60%
preferred
100
Spencer Kellogg & Sons
1

Conv

53%

31

72

Corp

*35 7a

263/4

*80

Sperry

537a

173/4

No par

$5.50 preferred

'

7%

7%

73/4

7%

77b

7%

87a

26,900

par

5

7%

58 72

5872

59 V2

340

587a

59

59

59

587a

3774

38%

38

387a

377a

377a

3774

3874

6,200

34

337a

34 7»

347a

3474

7,700

89 34

337a

33%

No par

*88

8872

88

88

88

89

89

14% Jan

27

Standard Coil Products Co Inc—1

13

137a

127a

13

12%

13

127a

13

2,900

13% Apr

14

Standard

1272

12%

127a

127a

12 7a

12%

127a

127a

3,000

34% May
7
92% Mar 30

Standard

$3.50

Brands

preferred

Inc

com

No par

Gas & Electric Co-No par

333/4

210

/ibpw

Volume

Number 5341

180

.

.

} ' <

'

The Commercial and Financial Chronicle

.

% r ' 1 I

,

V

iww >i r^i

;

»;

J t

.

■

V

«. I t 1 r

4

(173)

NEW YORK STOCK RECORD
Range for Previous
Year 1953
.

Lowest

Range Since Jan. 1

Highest

Lowest

YORKKSTOCK

NEW

<

.

'

EXCHANGE

Highest

Monday

Par

Continued—Page 11

°W ^"w^dne^day^- "^Thursday
'

Tnesda

•

July 5

July 6

July 7

49 V4 Sep

21

59% Jan

523/4 Jan

4

Oil

15

81% Jan

68% Jan

4

64% May 21
83 3% Apr 19

Standard

65% Sep

Standard

Oil

67

Sep

15

78% Jan

713/4 Jan

4

90 ¥a Jun

<2

Standard

Oil

of

New

Jersey!

15

31

853/4

873/4

Sep

21

38% Jan

32% Jan

4

42 ¥8 May 12

Standard

Oil

of

Ohio

common—10

38¥4

38%

May 11

100% Jan

6

102 ¥2 Mar 11

94

99

Jan

.*33/4%

30

13% Mar 26

103/, Feb

8

8% Sep
40'/4 Feb

17

12% May 11
47% Dec
7

11% Jan

4

17s/a Jun

16

42% Feb

5

50 ¥2

5

36 ¥2 May 24

Stauffer

17% May 25

30% May
11% Jan

12 ¥4 Feb

Sterchi

10%

5

Dec~30

32% Jan

4

38

5

May 24
18

Standard

Ry Equip Mfg Co__

Chemical

Stores Inc

Bros

21

36% Feb

17

44 ¥4

14

91% Jan

.7

97% Mar 31

Sterling Drug Inc common__i.
3¥2%
preferred

25% Nov 23

36% Jan

2

22 %

Apr

30

30 ¥4 F«b

Stevens

23% Feb

2

19% Feb

16

22

29

17% Feb

2

13 % Jan

4

10% Sep 15
16% July
1
20% Dec 15

18% Nov

9

17% Jan

28% Jan

9

21 % Jan

23

43% Feb

2

14% Apr 28

10

38

Dec

14

30% Jan

393/4 Apr 28

16% Sep
12% Dec

14

Dec"

20

26% Jun
8%

16% Mar it

<

12

Mar 25

38% July

July .7
15

20

Jan

Stewart-Warner

Stokely-Van Camp Inc

8

19

4

26% July

9

Stone & Webster

8

•

40% July

6

Stromberg-Carlson

23

6

Studebaker

11

23

Jun

Jan

29

10% Mar 13

4

10

Feb

10

20

99

Feb

2

89

Feb

1

95

Feb

18

82% Jan

5

69

Jan

7

763/4 Mar 15

110

July

117

7

Jan

6

/

113% Jan

7

11 o

prior preference

Sunbeam

8

68% Nov

•5%

Sun

Sun Oil

J uii

8

Class

Sep

14

21% Mar 25

16% Jan

4

20 ¥4 Apr

19

Sunray

23% Sep
19% Sep

30

24"% Jan

26

24% Jan

11

25% Jun

23

4¥4%

16

23"% Mar 26

21% Jan

7

20% Jun

28

71% Jan

11

Co

15

66

Sep

15

6% Nov

17

520

73% Nov

19

10% Jan

29

7

Jan

4

Dec

22

635

Jan

8

223/4 Jan

20

14% Jan

4

660

May 12

23 ¥2

82 ¥4

13% Sep

15

25

Jan

14

32

Nov

6

30% Jan

11

100

Jun

18

113

Nov

6

111% Jan

11

18 3/s Dec

11

Feb

26

44% Dec

14

•413/4 Feb

4

5

31% Jan

4

81 ¥2 Jan

13
14

120

13
2

21

78
Sep
97% Jun

30

4% Sep

14

16

40

Jan

86

May 22

111% Jan

5

7% Feb

15

25

16

•

4% Feb

24

7

Jun

91

105% Jan

12% Jan
35% Jan
29% Sep

•

July

10s/8 Mar 29
816

2

-$4

5% May 24

Symington

5

14 ¥2 Jan

27

15 ¥2 Jan

18

Talcott Inc

16% Aug 13

14

Jan

25

17 ¥4

Apr

29

Telautograph

14

47% Mar

3

40 ¥2 Jan

11

65

July

24

57 ¥2 Jan

4

49% Sep

17

r

18

58% Dec

Jan

2

39

Jan

11

15

54% Apr
110% Jan

1

78% Dec

5

803/4 Jan

4

9 9 ¥2

5 ¥4 Jan

7 4 3/4

6

Tennessee

% Oct

6

53/4 Oct

15

30% Sep

14

42% Feb

24

5

101

Oct

6

165

Jan

Sep
37% Jan

15

138

Mar

10

48% Dec

6% Dec

18

12% Mar

30

17% Jan

103

/

13

Dec

23
9

5

125/8 May 20

Texas

Instruments

Jan

4

48"% Jun

24

Texas

Pacific

&

Pacific

106 ¥2 Jan

11

140% Jun

4

107

11

127 ¥2 Jun

22

Texas

&

7

Texas

Utilities

57 ¥4 July

6

4

11 ¥4 Jun

11

20

13% Jan

5

]U3/0 ,Tnn

7

2

11% Aug 31

14% Mar 10

13 5/8 Jan

7

17 ¥4 July

353/4 Nov

42

38% Jan

4

47

17

Mar 26

Textron
$1.25

1734

18y8

383/4

39i/4

gS/8

g3/4

173/a

43¥4

1,700

9%

2,100

*90 ¥2

1152/4
18%

I9¥s

;: i83/4

19

*25¥4

25¥t

*25

25

21%

21%

21%

21%

81 ¥4

82¥4

93/4
16

163/a

5 ¥4

15

¥4

140

*.

400

21%

600

82

1,600

'

93/4

9%
715

93/4

2,100

750

200

163/a

16 ¥4

16%

1,700

43%

43 ¥4

44 ¥2

3,300

152

153

156

10

17%

17%

18

¥4

1,100

47

47

473/8

9,900

39 5/a

21,000

383/a
88¥»

*117¥a

5%

*14%

81 ¥4

1,000

35,300

17%

883/4
121

5¥a

213/4

74

116%

46¥2

39%

883/4

8l¥i
740

*149

'

17¥a

38¥4

*1153/4

43¥4

-

47%

*115

73%

116

16¥4

43¥2

47

89¥2

95/3
740

149

xl7¥2

74

*803/4

9%
745

43¥4

39¥4

' '

25¥t

149

119

74

26,800

93

19¥t

43%

15

93

383/4

95/8

116%

*720

154

38%

*90¥2

•

18%

38%

18%

16

*151

93

8,600

5¥4

15 ¥2

15

38%

39

88 >/4

88

5%

88

119

120

120

5 ¥4

15

15

330

1,000

53/a

4,100

15

300

163/a

163/a

16-%

163/4

16%

17

64

17%

65

17%

64%

65

2,000

64 ¥2

643/4

64 ¥2

64 ¥2

2,100
19,700

Coal

66 ¥2

67 3/a

66%

67 ¥e

66%

68

66 ¥4

67 ¥4

68 Ys

67

66 ¥s

67 ¥4

653/4

66%

65 ¥4

94%

953/4

943/,

66 Ya

95%

5,400

95 ¥4

95%

1

953/4

9 ¥2

93/4

93/4

99 ¥2

93/4

6,800

9%

9%

9%

46 ¥4

44 ¥4

44%

44 Ya

Oil

10

453/4

45

46%

t

Trust—

Land

certificates

Pacific Ry

—1

127

129

127

100

122

123 ¥4

123

56 ¥2

56

Co

Co

No par

553/4

50c

common

preferred.

$2.40' conv

393/a

300

14,800

I

'

10

9 ¥2

preference-

10

3,500

44%

9,800

129 ¥2

129

131

130

131

124

¥2

124

124

125

125 ¥2

57 ¥4

563/4

57 ¥4

56%

4,500
1,200

57 Ye

6,000

9%

9%

93/4

9%

9%

9%

16 ¥2

16 ¥4

16 ¥2

16 3/a

16 ¥2

16 ¥a

17 VB

16 Va

.17 ¥1

163/4

17

1,300

163/4

16%

16 %

46

No par

Thatcher Glass Mfg Co common

May 17

*15%

25

Inc

39

No par

Producing Co
Sulphur.

conv

26%

383/4

*25

9%
745

5 ¥4

Inc

9

26 ¥2

393/4

xll6a/4

"

81 ¥2

93/4
*715

1

Co

Jan

26¥2

5

Gulf

63/a Jan

25%
38¥2

18%

"

12,000

19 ¥1

26

93^

900

¥2

8

Gulf

46% Mar

16

79¥2
'

*

9

Texas

share

*19

743/4

21%

883/4

Corp

Texas

Sub

21%

118¥2

Corp

19

3,300

153/4
14

73%

18%
25¥4

No par

(James)

15%
14 ¥4

40t4

*90¥2

17¥j

Corp

155/8
14%

19-

19¥a

9i/2

117

l83/a

20 3/a

15¥2

39 Y*

47 ¥4

Texas

35

116%

15,600

39¥2

73%

->25

253/8

20 ¥2

20s/a

110

25%

14

'

1,400

94 ¥4

18¥s

93

73%

7.50

com

20¥j

25¥a

1,500

13,200

25¥2

~

9%

173/a

9

July

*19

46%

25-

May 19

69% Jyn

14¥2

(The)__4.16%

Texas

34

15¥a

*90

5

(conv)

Gould

20

173/4 Nov

20%

15¥a
14 Vb

No par

pfd

Jan

Sep

20'/2

15¥2
14%

25

cum

/

203/4

-

¥4

94 ¥1
>

,

—100

Co

8 % Jan

33

25

preferred

$4.40

43

94%

2,000

11 ¥2

42

93/s

50

Swift

9

11 ¥2

43 a/,

2,600
16,800

35 ¥2

ny8

423/4

"39-

10c

Sylvania Elec Prod Inc

July

35"

ny4

15¥2

12.50

473/8 July
Feb

35%

11%
44 ¥4

39¥2

California

3° 3/8

July

35¥t

ll3/8

433/4

18%

preferred

&

35%

ll3/8

14 ¥2

1950—20
2nd pfd ser '50 called

Sweets Co of America

353/4

:*

43 ¥2

40¥4

Sutherland Paper Co common

18 ¥2 Jan

35%

18¥2

Steel .Corp

4.40%

50 ¥4

203/a

100

4 4 ¥2

■

16%
50

• x24%

No par

Superior

July

I7¥s
50

253%

1

16 3/4 Apr

152 ¥4 Jun

16%

49%

•*

*93%

2nd pfd ser

of

173/8

38%

Sunshine Biscuits Inc

101

50

94V*

1

Superior Oil

9

17¥a

10

Sunshine Mining Co

*99 ¥2

493/4

94¥4

25

conv

373/4

101

9¥a

25'/4

Day

common

9

173/a

19

preferred

38V2

*99>/2

94¥4

preferred—No par

Corp

38

L

-

50

25s/a

common

-

9>/a

25Vi

No par
A

101

9¥s

.9%
17 Ya

19

Co

Corp

conv

12,600

*99¥2

9¥a

1

4¥2%

5 ¥2%

3

38%

101

20%

Independence

preferred series A

5 ¥2 %

May 10

213/4 Jun

A

50,600

25 ¥4

common

Oil

88%

*93¥4

20

Corp

series

87 ¥2

No par

Corp

Chemical

$4.50

883/!

15,700
16,100

875/8

385/8'

42

1

common

88%

38¥4

1

CLOSED

5

Stix Baer & Fuller Co

'6

873/a

77 ¥2

EXCHANGE
-

5

143/8 July

Oct

8% Jan

Corp

62 Ys

77 ¥4

11 ¥4
STOCK

100
15

613/a

701}

35',4

5

& Co Inc

16% May 21

Sep

92

(J P)

623/b

775/

17¥4

1

:

Dec

62

783/8

50

_10

94% Jan

Jun

62¥2

773/4

9
.

_No par

24

87

62

78 ¥4

*99*A

1

Co.,

Shares

62%

77

L__—__5

Stanley Warner Corp
Starrett Co (The) LS

the Week

July 9

61¥2

preferred series A—L__100

8% Dec

8% May 21

of California—No par-of Indiana
1
25

Sales for

Friday

'

July 8

46

16%

45%

46

2,800

46 ¥4

46 3/a

46

46

9 ¥4

*9

16

5

No par

''

10 ¥2

13,000

800

■

■■

7% Dec
63/4 Dec
40

31

12% Jan

31

Jun

4

1% Jan
41% Sep
883/4 Jan

9% Jan

15

9% Oct

8

44

14

8 ¥2 Jan

6 3/4 Jun

22
11

93/4 Apr

30

The

7% Apr

12

Thermoid

Feb

27

3 Vb Aug

3

1 % Mar

9

15

14% Mar 12

8% July

1

4% July 2
10¥a 'an 15

15

613/4 Mar 26

49 ¥2 Jan

4

743/4 July

1

97% Jan

2

92 ¥2 Jan

7

1% Nov 30

3% Jan

28

393/8 May 17

% July

44

100

Jan

7

9

Jun

22

27

29% Mar 27

173/4 Jan

18

2% May 27
273/8 July
1

193/s Oct

14

27% Mar 25

18 5/8 Jun

29

23 ¥4 Apr

35

Dec

29

463/t Jan

5

36 ¥8 Jan

4

11% Jun

10

13% Mar 25

12% Jan

5

47% July
143/s July
36 ¥4 Jun

16

Nov

23% Sep
12% Sep

8

14

293/a Mar 19

25 s/8 Feb

2

14

20 % Feb

25

13% Jan

12

Dec

10

25

Feb

2

15 ¥2 Apr

19

18

13% Sep
106% Jun

15

17% Jan

27

153/8 Jan

4

22

17

15

Dec

24
29

112% Aug
7
20 s/8 Jan 30

110
13

Mar 19

Apr

23

19

47% Feb

25

May 28
16% Jan

21 ¥2

25

30

60

13% Jan

2

21% Dec

28

11% Jan

8

9

i:

Co

68 ¥2

68%

68 ¥2

69 ¥4

69 3/a

*98 ¥2

99 ¥2

99 ¥2

99 ¥2

*98 ¥2

l3/a

l¥a

l¥a

l3/a

%

1%

23 5/a

23 3/a

223/4

23 ¥2

No par
10

Bearing
Co

No par

(The)

23 ¥4
STOCK

25

71 ¥2

100

72

*98 ¥2

19%

18 %

19 ¥4

18%

19%

18 ¥a

19

45%

47%

46%

47 ¥4

465/8

47 ¥4

14 ¥a

143/a

14%

14 ¥4

14 ¥a

14 ¥4

6,400

34 ¥4

34 ¥2

34 ¥a

34 ¥2

33%

34

333/4

34%

13,400

:'r

16 ¥2

17 Ya

*16 ¥4

17

*16 ¥4'

17%

16 ¥2

16 ¥2

17

21%

22

213/8

21%

21%

21%

21 ¥2

No par

111 ¥4

Co

Preferred series A

common

(conv)

Conv 5%

18% Jun

9

15

15

Jun

8

133/4 Jan

18

45

Jun

8

41 ¥2 Jan

5

9% Mar 20

63A Jan

4

10% Sep

14

14% Feb

2

11 ¥8 May

7

133/b Mar 11

26

Dec

29

55% Jan

15

Feb

24

32% Mar 30

7

Dec

23

13% Jan

8

7 ¥2 Jan

4

9% Mar 11

38% Sep
61% Jun

15

49% Mar 20

433/8 Jan

8

16

75% Dec

70 3/8 Feb

16

19% Jun

16

24% Mar

22 ¥2 Mar

Msfr
Mar 15

Twin

July

9

5%

1

163/4

series of 1952

Coach

111 ¥4
17

433/4
21 ¥2

58

58%

20 ¥s

20 ¥2

143/4

14%

45

45

50

1

Co

1

9 ¥4

111

163/4

111

111 ¥2

163/4

433/4
21 ¥s

City Rap Transit com__No par
conv
prior preferred-.
50

Twin

16%

1

20th Century Fox Film new

16 ¥8
47

16 ¥t

50

Tung-Sol Electric Co common

1,700

143/a

Day

Coal

22 ¥2

46

1

preferred

100

14,300

14

5

$6

4,200

1%

19

No par

Truax-Traer

743/4„
10O

453/4

EXCHANGE

Transue & Williams Steel
Tri-Continental Corp common

10

3,600

9

1

22 ¥2

1,500

4

*85/8

No par

com

7

42 ¥2

4

9

*8%

9 ¥4

7

*41 ¥4

4

8

35% Sep 25
5% Dec 18

9 ¥2

*8%

9

4

9
29

July

Sep

6%
41 ¥4

¥4

Independence

July

493/4 Jan

42

6%
41 ¥4

4

2

45 ¥4 Mar

30

69% Jan

6%
42 ¥2

4 ¥8

Transamerica Corp
Trans World Airlines Inc

25

19

24% Jan

6%
*41 ¥a

4 ¥t

CLOSED

24

19

7%
42 ¥2

5

18'/a Feb

30

7¥a
4 ¥4

Associated Oil—

Roller

*9

*413/4

preference

Toledo' Edison

9 ¥4

100

4% preferred
Thompson-Starrett
Water

*8%

50

*8 3/a

$3.50

9 ¥4

_1

Transit

Thompson (J R)
15
Thompson Products Inc common__5

Tide

V" :•

*9

Corp.No par

common

Avenue

Timken

1143/4 Feb

15% Dec
49

Co

$2.50 convertible preferred
tThird

6

July

42% Jun

No par

8

173/8 July
Jun

Fair

1

17

*43

16%
*43

4434
21 ¥2

20%
59

20%

00

20

*58

20 ¥4

111%
17

16%

111

16 3/4

44%
21

*43
20 ¥4

59 ¥2

*57 ¥2

17%

9¥a

600

32,400

111%

270

16 %

2,300

443/4

100

20 ¥2

193/4

20

143/4

14%

14%

44 ¥4

*44 ¥4

9 ¥4

9 ¥4

9

350

45

9 ¥4

6,900
'

59

44 ¥4

9 ¥4

14,100

18

14%

19%

9,900

21%

45

143/4
♦443/a

9%

173/a

13,400

203/a
14¥a

16,800
2,000
200

¥2

3,500

u

18

27

9

215/8 Jan

25

Jun

4

110

Jan

2

104 ¥2 Jan

15

82% Jun

15

97

Jan

3

873/4 Jan

8

18

100% Nov

6

10

443/a Aug 13
5
115% Jan

98

90

Jun

37% Jun

Sep

15

44% Jun.17

50% Jan

6

31% Apr

24

50 3/8 Dec

21

102 % Jun

3

106% Jan

29

21% Dec

31

Union

88% July
263/8 July

9

Union

Carbide

9

Union

85

Jan

99

Jan

7
5

38% Jan

4

105 ¥1 Jan

11

48

Jan

4

May 14

45 ¥4 Jan
103 ¥2

July

94

Feb

Apr

103 ¥4 Fab

51 ¥2 Mar

25

96 ¥2 July

105

Jan

-

27

8

Apr
Jan

9

1073/4 Apr 20
1
153/s Apr

16

163/4 Mar 20

14

Jun

1

61% Jan

57 ¥2 Jan

4

23

31% Feb

11

3% Apr

23

4% Feb

24

3 ¥2 Feb

25

4 ¥a Jan

6

Feb

18

70% Apr

29

80% J*n

6

53/a Jan

29

4% Jan

4

Sep

30

8

Jun

28

63% Jun

29

49

Jan

72% Nov

13

17% Jan

8

16% Feb

2

44

V

2

10% Sep 15
11% Dec 28

Sep 28
23% July 22
30% Jun 17

58% Jan

11% Dec

13% Mar

1

29

No par

87 Ya

$4

series—

No par

*99 ¥2

12

12
May 25
4
11% Jan

70

May 27

38% May 26

6

May 12
10 ¥4 Apr 19
72
Apr 30

Biscuit

*99%

*99 ¥2

45

*90

497%

49%

49%

50

50

503/4

3,000

273/4

28

273/4

28 ¥4

28%

28 3/8

2,500

643/2

28,900

24 5/a

24

96 ¥4

96

96 ¥2

33 ¥»

32%

33 ¥4

106

105 ¥2

44%
136

25

96

643/4

No par

Fastener

*34

United

Cig-Whelan Stores com__30c
convertible preferred
100
United Corp (Del)
1
United Dye & Chemical Corp com_l

¥4

15%
65

63 ¥4

64%

104

23 ¥2

*105'

106

64%

64

105 ¥2

104

15%

*34

15

*34

35%

33/a

35/a

3%

72%

>72%

57/8

5%

53/4

8 ¥2

8%

*8%

8 5/8

8 3/8
'

8%

635/a

63%

63 ¥2

63 ¥2

635/8

22

United

Electric Coal Cos

5

13 ¥4

i3%

13 ¥4

133/a

13 ¥4

United

Engineering & Foundry

5

13

13%

127/e

13%

13

13

26

48 ¥2

49%

preferred---———

100

United

Fruit

United

Gas

313/a May 24

July

United

Gas

No par

3

11 ¥8 Jan

12

14

July

United

Merch

1 ¥n Jan

4

United

Park City Mines Co

Co

8%

50

30%

36%

36 3/4

1

13%

13 3/a

13 3/a

133/a

13 ¥2

133/4

133/4

14

(The)_l
Foreign Securities-—No par

l7/a

l7/a

1%

13/4

1%

l3/4

Mfrs

Inc

15

22

Sep

14

31% Jan

5

22 ¥2 Jan

4

303/a Jun

18

U

S

Freight

103% Oct

13

120

20

114 ¥2 Jan

11

174

Jun

29

U

S

Gypsum Co common

9

175

175

25

182

Apr

18 ¥2 Jin

28

62 ¥2 Jun

4

7%

21

14 ¥4 Mar 17

U

S

1st

Co

preferred
Machinery com

preferred

2

—

62 ¥2

63

No par

*105 ¥2

106

105 ¥2

105 ¥2

No par

preferred

Hoffman

4 ¥4%

39,700

49%
30 ¥4

Jun

54 ¥» Mar 11

8,200

35%

Jun

9

2,300

13

30 ¥2

&

29

29

*28 Ya

28 ¥4

20
100

170 ¥2

*179

5

157/a

100

*60 ¥2

¥2

171 ¥2
181

63

170

*180

63

62 ¥4
105
*28 ¥4

63 ¥4
105 Ya

28%

172

168

173%

180%

178

180

16

16

16 ¥2

*16 Vb

61 ¥2

61 ¥2

613/4

613/4

30

13%

12%

36

67

23

65

133/a

36

107

Feb

*64

-

49 Vb

8

68

400

30 ¥4

12

35% Jan

83/2

30%

49 ¥4 Jan

15% Nov 27

20

17,300

493/4

!

4,400

5%

30 ¥4

100 ¥2 Jan

56% Nov

33/8

5%

48 Ya

5

&

35%

35%

495/a

50
400

1,300

72%

30 ¥2

23

S

65

36

Jan

$4.50

15%

30

101% Dec

U

106

36

Corp
10
Improvement Co—13 ¥2

15

2 ¥1 Jun

3,600

3%

133/a

19

1,700

323/4

*72

635/a

14% Jin
13% Apr

45,800

96

*34%

53/4

53/4

25

65

72 ¥2

53/4

300

*14%

33/a

*72 Ya

104

*105

35 Ya

35/a
72 ¥2

6,300

32 3/a

65 ¥4

35/8

90,900

96

15%

65 Ya

455/8
138

24Y2

106

653/4

*15

65 ¥4

35 ¥2

633/4
*103

104

72 ¥2

$3.50

101

44%

32%

*14%

2,600

138 ¥4

33

*104 ¥2

88 5/a

44%

95

$4.50 preferred
No par
United Board & Carton Corp
10
United Carbon Co
No par

150

94

136 ¥4

233/4

64

800

1383/4

95

14




101

44 ¥4

137

32

36 ¥1

22.

101

443/a

1952-100

series of

53% Apr

page

26 3/a

109 ¥2

of America—No par

Preferred 4 ¥2%

32 ¥2 Jun

see

253/4
109 ¥4

2 2 ¥2

common

2% May 12

For footnotes

2 5 3/4

109 ¥2

10

United Air Lines Inc

4

Jan

25 ¥2
109 ¥4

103 ¥2

13

Mar 16

25 ¥2
109 ¥4

62 5/a

46
Sep
95% Sep

30

1,700

25 ¥2

103 ¥2

10

Jun

21,700

5

preferred

Dec

159

88 3/4

100

convertible

273/8 Jan

Jan

87%

*99 ¥2

101

28

45 Vb Jan

65

88

88 5/8

27

14

10

6,400

86%

88

50

7%

593%

88

493/4

United-Carr

58%

88

50

United

583/4

*87%

noncumulative preferred

5%

2,000

58%

109 ¥4

138

No par

1,100

8 3/a

87%

44 Ya

new

12%
28 3/a

8 3/a

94

135 ¥2

Co

12%
28%

8 3/s

*90

50

Car

12%
28 3/a

94

25

Tank

123/a
28

*90

Pacific RR Co common

4%

'

94

Oil of California

Mar 27

30

37% Feb

253/4
I-* O OO

Union

8
27

15

Jan

series

*90

8

Union

1

13% Jun

27

$3.50

Preferred

24

29

2 5s/a

Preferred

7

48% Sep
25% Sep

10

88

United Aircraft Corp common

40

24

867/s

108 ¥4

3

11

5% Feb

87

10

30

29

23

8 6 ¥2

No par

1063% Feb

30% Jun

4% Jun

58 ¥2

-No par

6

873% Jan

86

5 8 ¥4

series

11

23

2

58 ¥4

series

Union

30

Jan

37 ¥4

$4.50

24

32% Mar 25

67

8 3/a

$3.70

29 ¥4 Jun

393% Dec

5

Carbon

&

67 ¥4 Jun

104% Jan

21

8%

Preferred

15

503y8 May 24
139 ¥4 Jun

17

Jan

28 ¥2

8 ¥4

Elec Co of Mo common

112

21

107

123/a

28 ¥4

Bag & Paper Corp

Dec

July 21

12%

5/a

No par

9

33% Sep
100

123/a
2 8 3/s

8 ¥2

20

July

5 9 ¥2

21% Apr

87

123/a
28 Ya

5

Asbestos & Rubber Co

Preferred

26

100

1
No par

Union

6

78% Jun

Udylite Corp (The)
Underwood Corp

625/s
106

1%
63
106

12,200
3,500
48,100
3,600
4,000
150

293/4

800

172

173»/2

4,400

*177

179'/2

28%

20

16 ¥2

16 ¥4

163/4

800

62

61%

613/4

270

21

22

'W?.

(174)

The Commercial and Financial

NEW YORK STOCK RECORD
STOCKS

Range for Previous
Range Since Jan. 1

Year1953

NEW

13% Mar 17

.17 % May 25

22% Jan

22

Jan

26

7% Feb

24

40% Mar 17

36% Jan

4

54% Jun

11

64

59% Feb

3

66

23

7% Oct

1 Sep

57% Dec

8

22

Mar

6

8% May 25
30

Jun

9

22

Oct

23

32% Feb

2

11

28% May 28

70

Oct

26

85% Jan

5

70% Jan

7

74% Nov

9

97% Apr

6
31% Jan
2
144% Mar 11

79% Jan

13

82
May 7
89% Apr 12
37% July
9

23 % Aug 31
127% Sep 18

24

Jan

29% Jan

11

134% Jan

6

150% July

4

7

37

Oct

6

67% Jan

2

Jun

3

54

Dec

31

66% Feb

2

54% Jan

13

61% Jun

29

15

44 % Jan

5

39

Jan

11

51% July

Aug 31

144% Jan

28

143

Jan

4

33% Sep
135

37% Jan

54

155% Apr

7

28

Lines

8

U

S

Plywood

3%%

1%

16"% Jun

24

18% Feb

9

35

Jan

26

38% Mar 16

May 25

7

Jan

4

9% Mar 19

6% Jan

4

90

Mar 18

73% Jan

5

8

$6

4

Mar 19

1% Jan

4

1 % Jan

7

United

11% May 12

17% Jan

7

4%

72% Dec

30

1% Dec

31

Dec

31

15

1% Nov

17

22% Jan

14

23% Dec
155

Sep

29% Mar 12

1% Jan

9

2% Feb

4

26% Jun

3% May 13

32% Dec

8

15

27

Sep

29

22

3

167

Feb

17

154

% Jan

12

Jan

18

165

Jan

Corp

convertible
Wall

Universal

preferred

8%

Pictures Co Inc com

Universal

5

70% Mar

3

28% Jun

10

35% Dec

18

34% Jan

21

38% July

9

30'A Sep

15

45% Mar 25

36% Jan

13

11% Dec

22

17% Mar 23

11% Jan

4

13% Jan

61% May 18
29

27 % Dec

8

28 % Jan

7

30% Feb

Van

5 % Dec

29

10% Jan

8

5 % Jan

4

6

31% Dec

29

30 % Jan

8

7% May 19
39% July 9

24% Apr
88

28

July 17

Nov

29

Mar 26

130

Jun

14

124% Mar 26

130

Jun

10

26% Jan

30

4

35% July

6

Mar 20

92

89

Jan

4

95% May 26

28

25% Jan

8

20

Jan

4

27% Apr

9

Sep

15

130'A Jan

8

123

Jan

4

137% Apr

9

22"% Jun

23

27

Jan

11

16% Oct
112

27% Nov

17

Vanadium Corp of

Vick

Chemical

101 'A Jan

19

25% Dec

31

35% Feb

2

25 % Jan

4

105% Apr
30% Feb

11

25 % Dec

25% Jan

4

Feb

9

28

17%
36

10%

10%

8%

*88%
1%

16%

6%

6%

30

Feb

19

64

Dec

7

57

Mar 25

71% May 19

7

18

Mar

4

13

May 17

16

Feb

1

Vulcan

Jun

22

30

Jan

29

Jan

4

7%

Sep

14

70% Mar

11% Dec

22

13% Mar 10

Visking

89 Va

*89

1%

1%
16 Va

*15%

1%

1%

28

26%
*159

3,200

16%

*1%

160

1%
28 %

300

25%

26%

160

90

13/4

*27%

28

26%

600

90

1%

*153/a

28%

*159

160%

10

1%
:

*27

26%

3,000

160

300

160

80

223A

22%

3,400

70

70%

400

37

37%

37%

37%

373/8

37%

37%

38%

4,700

60

58

58%

5.800

par

59%

11%
''28%

6%

6%
37

59%

*130

5

34%
*93

23%

100

131%

11%

11%

11%

11%

11%

11%

29

29

29

29

29 %

29%

900

6%

6%

1,800

39 %

4,100

6%

6%

37%

37%

.

38%

*130

131

*130

131

*130

131

35

35

35%

95

95

95

23%

23%

25%

95%

*94

131%

31%

31%
113%

99%

99%

103

*131

31%

31%

27%

*98

103%

*103

8,300
110

99%
103%

27

.

'

26%

26%

26%

26%

26%

26%

26%

26%

67%

68%

68%

68%

67

67

67

67

13%

13%

13%

13%

13%

13%

13%

13%

20

*27%

29

*27%

29

62

62

*62

63%

11%

11%

10
40

500

27 %

27%

27

5

preferred

400

113%

99%

*103

103

10

8,100

31%

113%

31%
113%

13,300

133

*98

99%

*27

132

132

113%

31%
114

|03

27%

23%

24%

131%

131%

*94

95

23%

24

34%

10

Corp (The)
Detinning Co common

1,500

131

*130

35%

113%

25

39

131

31%

27

39

131

35

*98

25

common

38

*130

35%

113%

*101%

6%

*130
132

10

100

6%

6%

100

com

58%

60

11%

*130

100

No par

com

60%
29

100

Co
preferred

5,100

10%

6,400

70

preferred

Ry

240

83/4
10%

22%

div

Virginia

17%
35%

*8%

70

common

partic preferred
Virginia Elec & Power Co
$5

17

35%

22%

100

Va-Carolina Chemical

1%

3,000

8%

x26

>

154

17%

88%

1%

*15 %

300

>

119,200

36%

10

89

1%

3.500

60

51%

8%

10 %

16%

48

*35%

8%

10

88y2

17

47%
*59

70

preferred

3% %

5

6

153%

154

48

23%

noncumulative preferred

5%

28

26 % Apr

154%

153%
17

Vicks Shreve & Pacific Ry com__I00

14% Dec

15

1533A

154%

35

2.50

Victor Chemical Works

36% Mar
27

50%

610

70

dividend preferred

30

51%

33,700

23%

Co

$4.20

100% Oct

60%

50%

37%
149 V*

69

Vertientes-Camaguey Sugar Co

5

3

60

51%

36%
148%

23%

dividend preferred

Jun

473/4

60 %

50%

8%

10

$4.04

July 20

48%

*591/4

17

2-50

7

92

47%

60%
51

70

36%
150%

69

America—No

8

115

7

48%

36'/a
150

22%

Raalte Co Inc

18

2

99% July

112% Jun

Utah

Feb

12

24

36%

150%

2,500

89%

-No par

preferred
Power & Light Co

32% Jun

114% Nov

100% Dec

Jun

36'/*

36%

158

27%
79

89%

149%

300

10O

4%%

102% Apr

5

92

106

36%

8%

1

Van Norman Co

32% Mar 25

126

*76%

89%

3,800

67

26%

79

16%

100

11

13

27

36%

1%

*64%

26%

Day

88

4,600

*76%

Independence

*15

100

53% >54%

*88%

1%

18% Jan

Mar 19

154%

8%

79

26%

63% Jan

Apr

CLOSED

1534

*7%

89 72

27%

30

128

50

27%

15%

7%

*76%

150

Shares

15%

7%

*88%

*1%

19% Dec

127

*59%

27%

the Week

15%

8

79

26%

68% May 20

3

48

STOCK
EXCHANGE

27%

15%

89%

27%

2

May 29

89%

1

7

125

27%
*76%

1

Corp

July 9

67

preferred
No par
Inc common—2
preferred
50

American

Feb

125% Jun

*64%

1
2d pfd-5

Corp

Universal-Cyclops Steel Corp

Jan

i

65%

Universal Leaf Tobacco com_Nopar

14

23 % Apr

65%

Paper

convertible

61

10

65

No par

Stores $4.20 noncu

23% May 24

65

15%

16

Friday

.

-

'

54

noncumulative preferred—25

1%
United

7

53%

100

6

3

54%

No par

Stockyards

1

53%

100
100

common

United

30% Mar 11

27% Jun

54%

1st

30

10% July

89% July

common

Tobacco Co common

U S

26

22

53%

10
1

preferred

21% Feb

Apr

*7%

35%

Steel

July 8

8%

149 %

S

Sales far

Thursday

*7%

preferred—_100
D S Smelting Ref St Min com
50
7%
preferred
50
U

PRICES

15%

5

noncum

SALE

July 7

20

U S Rubber Co common

8%

HIGH

Wednesday

1

Co

Corp

Tuesday
July 6

July 5

10

common

preferred series A
preferred series B

3%%

39% Nov

6% Dee

Co

U S Playing Card

4

8 %

Monday
Par

pre!erred
U S Pipe & Foundry Co

10

2

STOCK

4%%

17V8 Dec
6% Jan

11

U

35 % Dec

9

YORK

Monday, July 12, 1954;

*

CORtilKt#—Pan IS
LOW AND

EXCHANGE

Highest

14

13 % Nov

34

Lowest

Highest

Lowest

(?fironicle

.1-

*27%

29

500

1,500

29

*27%

63%

1,800

*62

w
59

v

21% Nov

43% Jun
5

68% Mar 18

11% Apr

30
'

Waldorf

Mar

26% Mar

3

4

24

29% Jan

9

24

Jun

16

52

Dec

22

51

Jan

61% May 18

9

Feb

27

5% Jan

8% Mar 30

18% Jan

2

25

Sep

15

6% Sep

15

May 12

105

Feb

4

9 % Mar

3

24% Jan 27

19% May

104

100% Jan
9

11% Sep
14% Apr

15
24

17% Apr 16
18% Nov 20

17

Jan

4

21

33% Mar 19

25% Jan

11

14

37% May 14
31% Dec 30

30% Jan

4

13% Jan

Feb

11% July

19

Jan

23% Sep
28% Sep
29

Wabash

13

Mar 26

29

Dec

98

60

2

16% July

19

3

1

6

RR

Walker

Warner-Hudnut
Warren

18

12

14

30

Apr 19

6%

6%

6%

6%

7,800

223/a

22%

22%

22%

223/a

22%

22%

1,500

*102%

10%

10%

10%

10%

10%

10%

10%

11 %

21,000

5

16%

16%

16%

16%

16

16%

16%

16 Va

5.500

23

233/4

23%

23%

233/4

24 %

24%

24%

8,300

*27

27%

27%

21 Va

27

27

21 Va

200

35%

35%

35%

8,600

1,000

Inc

1

Pipe

&

No par

Corp

No par

Mar 16

25% Jan

13% Jan

4

28

17"% Apr
9
24% Mar 23

21 % Mar 11

Wayne

14

13% Feb

25

9% Jan

5

13% May 24

Wayne Pump Co

15

12% Mar 27

10% Jan

4

12% Jan 25

Webster

10

Sep
Sep

21% Sep
73% Oct

'

4

28% Feb

2

24% Jan

84% Feb

1
1

17% Nov

19% May 14

3

77% Jan

5

29% Jan

5

17% Feb

16

35% Jun

5

87

July

30

9

20% Mar 18

16

Dec

30

28% Jan

5

32

Jun

9

36% Jan

11

17

37% Feb
107% Jan

4

98% Jun

8

104% Jan

4

111% Apr

18

102

7

104% Mar 31

88% Jun

Jan

14% July

15

99

Investment

Oil

17% Jan 25

West

9

West

Penn

Electric

5

West

Penn

Power

4.20%

9

15

96

7

102

12% Nov

5

16% Jan

15

West

5

25% Dec

21

9% May 20
4
23% Jan

13% Mar 18

21% Nov

33

105 % May 20

110

104

109

Sep

29

8% Sep

15

Jan

5

12% Jan

8

Jan

8% Jan

43% Sep

15

57% Mar 11

43% Apr

20

Sep

14

32% Mar 25

22

45

Jan

2

63% Mar 25

41 % Apr

46% Sep

14

90

67% Mar 16

May 14
37% Feb 18
15

91% Jun

1

16% Jun
126
Jan

10
14

99% Jan
22
127

Mar

4

86% Mar 24

24% Dec

14

30

Jan

8

23

15

30% Dec

21

Sep

104

40% Mar 17

12% Jan

8

21% Dec

15

18% Sep
7% Sep

11

32% Apr, 13
30% May 27

21

11% Mar 26

63% Oct

5

4

19

6

5

75% Jun 25
102% Feb

May 14
30% May
4 !
82% Jan
4

8

White

Dental

2

White

Motor

93% Jun

3

5

Jan

4 '

21% Mar

8

21% Jan

4

8

Feb 25

70

Jan

22

13% Jan

9% Apr
31% Jan

7

24% Jun

17

10

36
Sep 21
42% Dec 22

26

Sep

15

75

Sep

10

101

Sep 14
71% May 12
6% Dec 31

31

29% Oct
135

28% Jan

Jan

137

Jan

7

18% Jan

8

14

Mar 19

Dec

10

11% Mar 17

77 % Jan
116

Jan

77

Jan

4

7

12

6% Jan 22

Sep

14

39% Apr

37

16% Sep

15

23% Apr

July
Feb

40% Apr 23
30% Jan
4

82

51

12
19

9

Apr

39% Jan

86

73% Apr
12% Feb
32

Jan

130% Mar 16

18

9% Jan 29

142

Jan

35% Mar 17

Mar 19

Jun

6

19% Dec

..

7

26% Mar 19
26

21

53
48

1

21% Jan

Jan

10

1
20% Mar 22

52% July 9
45% Jan 21
45% July 9
88% May 19
160

July

7
88% Jun 29
7% Feb 13

49

53% Mar

51% Jun

20% Dec 31

34% Jan

May 21
27% Apr 13
60% Apr 13

20

34

24% Jan 21

Sep

14

47% Jan

11

Dec

31

16% Jan

62% Dec

29

84

47

Jun

9

3% Oct 28
Bid
r

and
cash

May




on

Public

Service

Co

19%

14%

14%

14%

1,400

14%

40%

7,300

40%

40%

40

40%

40%

39%

108%

108%

109

109

109 %

110

103

>101%

103

101 %

101%

*101

100

*98%

100

*98%

100

11%

11%

*11%

31%

31%

9%
48%

24

55

24
46

55%

543/4

11%

4,300

10

10%

5,100

48%

1,500

23%

*45%

55%

101 %

101 %

*100%

101%

41%

40%

41%

41 Va

41%

233/4

24%

23%

24

23%

24

73%

72%

73%

71%

72%

101 %

102

101%

24%

24

24

8,100

55%

72%

73%

,

200

46

41

413/8

24%

2,900

23%

23 %

46 %

55

♦100%

*100%

101 %

130

106

48%

10

48%

*46

233/4

500

32%

32

*45

24%
46

80

20

100

106

10

49

49%

32%

106%

49

9%

10

110%

11%

11%

32

106

106

106%

*11%
*106

4,100

103

*98%

32

;

102

24%

24%

*24 %

24%

700

102

101%

102

1,100
50

*129

*129

*129

7,700

9,000
20,200

129%
36%

36

36%

36

36%

36

36%

8,100

86

85%

86

85%

85%

85%

85%

300

27%

21 Va

27%

27%

27%

27%

27%

600

333/4

33%

34%

33%

33%

34

34%

6,300

90%

90

90

90

90%

90%

90%

5%

5%

5%

22%

22%

23

•22%

24

24

24

23%

5%

8%

8%

8%
73%

73%

♦72

8%
*72

5%

23 %

*22%

23%

.

23%

23%

8%

8%

8%

73%

72%

72%

24

10

9%

9%

9%

9%

49%

50%

49%

50%

9%

9%

48

50%

31%

31

30%

140%

♦139%

30%

20

140%
20

51

31%

31%

♦139%
20

'

140%

140

7,200

6

5%

31%

*130%

20%

700

7,900
100
800

16,200
4,400

140%

19%

700
.

3,500

19%

20

50%

50%

50%

*50%

52%

1,800

43

43%

43%

43%

43%

43%

43%

43%

17,900

42%

43%

43%

44%

43 %

43%

43%

45%

13,100

19%

*86%
*156

86%
7%

86%

86%

87

1

160

160

86%

86%

45

45%
24%

■

160
87

7%

7

7%

23%

Mfg Co.

86%
*159

*86%
7

51

86%
165

87%
7

51

87

*86%
•163

170

7

:

7%

1,800

45

44%

45%

45

45%

5.700

23%

23%

23%

23%

243/g

9,200

53%

53

53

21%

21%

21%

*53%
21%

54

*53%

55

21%

*21 %

21%
46

45%

46

45%

46%

45%

46%

45%

13

13%

12%

13 %

*12%

13

12%

12%

69%

71%

70

70%

69%

70

69%

70

6%

6%

6%

6%

been filed for the company's reorganization,
■

a

20

1,000

233A

53 3A

.No par

70

87%

87

44%

21

Corp

has

19%

14%

50%

1
convertible preferred——50

this day.
tin receivership, or petition
x Ex-dividend,
y Ex-rights.

19%

30%

Corp common

Radio

87

19%

14%

*139%

No par
preferred 4%% series—100
conv series—100
Wrigley (Wm) Jr (Del)
-No par
Wyandotte Worsted Co
5

Products

87%

19%
14%

87

*9%

Prior pfd 4%%

Zonite

190

*86%

18%

*86

46%

Prior

Corp

87

18%

*71%

Worthington Corp common

4%%

86

8%

10

Towne

13,500

5%

10

&

1,400

35%

24

Corp—10

Woolworth (F W)

Yale

12%

34%

22%

10

Woodward Iron Co

York

*11%

90%

100

Zenith

26

sale

Wisconsin

12

34

33%

1

Co

preferred

14

9

4% Feb

distributed,

Grocery

12

33%

27 %

10

Lovett

12

34%

86

No par

Co

7% May 20

63% Jun

no

&

12

33%

35%

No par

Wisconsin Elec Power Co com
6%

12

129%

5

common

3,700

35%

24

20

_

73% Apr

fl

13

wd When

Winn

13

101 %

100

preferred

$4.25

Wilson-Jones

12%

72%

1

common

Co Inc

13

403/4

100

preferred

&

12%

24

White Sewing Machine common—1

Wilson

13

*100 %

Mfg

Prior preference
Wilcox' Oil Co

12%

53%

No par

July 7
13% May 21

Jan

sales,

5% %

12%

46

12.50

Corp

Co

1,100

'1,100

24

preference—No par
(The S S)
20

prior

153A
20%

49%

10
12%
100

4

5% Apr

asked prices;

c®nv

153/4
203/4

9%

Young (L A) Spring St Wire-No par
Youngstown Sheet & Tube—No par
Youngstown Steel Door
No par

46 %

11% Jan

$5

15%
20 %

106%

10

Wheeling & Lake Erie Ry
Wheeling Steel Corp com

26

74% Mar 10

24

Inst

4,700

15%
20%

11%

100

Westinghouse Electric com
3.80% preferred series B

Feb

35% Dec

Apr
16% Jun

89

Preferred series A

Elec

29%

15%
20%

31

No par

com

Westinghouse Air Brake

Weston

29%

15%

*98%

10

Western Union Telegraph:

27% Feb

11

RR

293/4

29%
20%

-101%

1

Supply Co—

Pacific

35% Jun

Jan

5

126

36% May 28

Western

27

6

15

15

24% July 7
129% Apr 26

4%

29%

•>'.

15%

40

Maryland Ry common__100
noncum
2nd preferred—100

25% May 10

24'A Jan

8% Nov

Mar 11

43% Feb
26% Apr

85% Mar 15
4% Dec 20

6

4

127

15
14

19

Auto

29%

29%
203/4

108%

100
Inc

Lines

33%

xl4%

Western

58% Jan

18% Mar 17

80

Western

4

98% May

4

30% Sep
Oct

11

6

19

Air

33%

18%

100
5
5

preferred

53% Jan

9

50 % Jan

12

May

4%%
Western

333/4

100

Virginia Coal & Coke
Pulp & Paper com

26% Jan

26

35% May
22% Jan

4

333/4

86

4

preferred series C

4.10%

49"% July

27

96% Jan

29% May 18
52% Dec
3

30

Mar

1

24

10% Jun 25

Apr 28

49%Jun

99% Sep
2
48% Aug 13

22% Dec
39% Sep

4

Mar

Jun

3334

100

pfd

West Va

99% Jan

35%

333/4

12

No par

Co

4%%

34%

333/4

34%

1

preferred series B

89% Jun

Day

com__2.50

Kentucky Coal Co

34%

123/s

preferred—No par
Corp

*27

15%

Independence

5

Snowdrift

&

convertible

West Indies Sugar

250

102

3434

29%

5

Co

1013/4

104

3,'~00

20%

CLOSED

1

40% July

8

Jan

Mills

Knitting

Wesson
$4

Co

Motor

*102

333/4

EXCHANGE

30

14

104

*102%

104

34%

3
No par
5

14

SeD

8

60 V8

6%

223/8

Washington Gas Light Co

Sep

13

18% Dec

60

63/8

Wash Water Power

30% Jan

24

Waukesha

60%

593/4

63/8

STOCK

9

4

60

25

60

100

Petroleum

Jun

16% Jun

60 Va

25

63/s

Inc

Foundry

Warren

25

1,100

59%

common

Pictures

Bros

16

Feb

1,300

25%

1

15

34

11%

24%

Corp

Jun

37% May 24

11%

25'A

1

& W

preferred

Warner

11%
25

10

31% Feb

25

100

11%
25

♦62

2.50

G

Co

Baking Co

Wardell

63%

11%

11%

No par

Co

(Hiram)

Walworth

5 % %

ICO

No par

System

Walgreen

Ward

preferred

4%%

Deferred

6%

delivery.

6%

6%

6%

200
900

21.100

1,700

3,300
5,600

,i.• #• {•,«•

Number 5341

Volume 180

l,

The Commercial and Financial Chronicle

...

..-,

.«■<

,

(175)

:.

Record

New York Stock

«»
FRIDAY

The

italic letters

"Interest Period"

the column headed

in

WEEKLY

•

Exchange

YEARLY

■

Indicate In eaeh

,

the month Then the Sonde mature

case

Figures alter decimal point represent one or more 32nds of a point

LOW

GOVERNMENT BONDS

Year 1963
Lowest

Low

Treasury 3%s
Feb

108

Feb

Feb

102.4

16

19

Feb

108

19

Treasury 2%s

94.8

Mar 25

Treasury
Treasury
Treasury
Treasury
98.29 Feb

95.20 Oct

23

95.20 Oct

23

15

98.29 Feb

15

_

2%s

23

99.14Oct

99.20 Feb

99.20 Feb

15

2

94.8

Jan

7

94

July 20

93.8

Jan

4

92

Jun

96

Nov

4

94.24 Jan

6

95

July

98

Dec

1

101

Oct

26

100.24 Nov

4

101.20 Feb

1

97.16 May

100.16 Nov

*110.18

110.22

*110.24

110.28

♦111

111.4

*101.21

101.24

*101.21

101.24

*101.20

101.23

104.12

*104.4

104.12

♦104.4

104.12

*104.4

104.12

104.8

*104.6

104.10

*104.6

104.10

*104.7

104.11

106.20

*106.12

106.20

*106.16

106.24

*106.16

106.24

109

*108.24

109

*108.24

109

*108.24

109

*102.12

102.16

*102.14

102.16

*102.14

102.16

*102.13

102.15

*103.16

103.20

*103.16

103.20

*103.16

103.20

*103.17

103.19

*102.16

102.20

*102.18

102.22

*102.20

102.24

*102.20

102.24

*101.16

101.20

*101.18

101.22

*101.22

101.26

♦101.22

101.26

STOCK

*100.28

101

*101

101.4

*101.6

101.10

*101.8

101.12

EXCHANGE

*100.18

100.22

*100.22

100.26

*100.30

101.2

♦101

101.4

CLOSED

*100.18

100.22

*100.20

100.24

*100.28

101

♦100.30

101.2

*100.16

100.20

*100.14

100.18

*100.22

100.26

♦100.24

100.28

♦100.10

100.14

*100.10

100.14

*100.16

100.20

*100.18

100.22

*100.6

100.10

*100.2

100.6

*100.8

100.12

♦100.10

100.14

_Sept 1967-1972

*100

100.4

*100.2

100.6

*100.8

100.12

*100.10

100.14

Dec 1967-1972

Independence

1966-1971

Day

1972

*100

100.4

*100.2

100.6

*100.8

100.12

*100.10

1957-1959

*102.24

102.28

*102.22

102.26

*102.23

102.27

♦102.24

102.26

1958

*102.28

103

*102.26

102.30

*102.28

103

*102.28

103

*101.29

101.31

June 15

1956-1959

*101.30

102.2

*101.30

*101.30

102

*101.12

101.16

*101.12

101.16

*101.11

101.15

*101.11

101.15

—Dec 1959-1962

*101.12

101.16

*101.12

101.16

*101.12 .101.16

*101.12

101.16

1954

*100.22

100.24

*100.22

100.24

*100.22

100.24

♦100.22

100.24

-Dec 1954-1955

*100.21

100.24

*100.21

100.24

*100.21

100.24

*100.21

100.24

Dec

2s

2s
Bank

for

Development
July 15 1972

99.27
100

30-year 3 %s

Oct

1

1981

*101

101.16

*101-

101.16

*101

101.16

*101

101.16

2

102.8

Apr

6

23-year 3%s

May 15

1975

*102.8

102.24

♦102.8

102.24

*102.8

102.24

*102.8

102.24

101.24 Feb

1

104.12 Mar 10

19-year 2%s

101.16 Jan

13

101

Feb

102.28 Feb

24

104.16 July

1971

*103.20

104

104.8

104.8

*103.28

104.8

*104

1

1956

*102.28

103.8

*102.28

103.8

*102.28

103.8

*103

1

1969

♦103.24

104.8

*103.24

104,8

*104

104.12

due Feb 15

1955

♦99.16

100.16

*99.16

100.16

*99.16

100.16

due Feb 15

1956

*99.16

100.16

*99.16

100.16

*99.16

100.16

*99.16

100.16

100

*98.16

100

*98.16

100

*98.16

100

due Feb

15

1957

*98.16

due Feb 15

1958

*97.16

due Feb 15

1959

due Feb 15

1960

due Feb 15

1961

due Feb 15

1962

e

Period

New York Stock Exchange

or

Cash

Sale Price

Low

sale,

r

Registered

FOR

WEEK

99.16

*97

99

*97

99

98

*96

98

♦96

98

♦95

97

*95

97

*95

97

*94

96

*94

96

*94

96

*97

98

*96

*95

97

*94

96

bond transactions.
ENDED

JULY 9
BONDS

Interest

New York Stock Exchange

Period

Low

NO-

High

Brazil

(continued)

104%

104 % 104 %

98%

28

104%

?

3%s series No. 21

Government and

Foreign

Agricultural Mortgage Bank
§ AGuaranteed

99 %

84

90

*83

88

77%

84

81

81

82

83

*83%

80%

83

June-Dec

*89

81 %

90

June-Dec
June-Dec
3%s series No. 30
„
June-Dec
Brisbane (City) sinking fund 5s 1957
Mar-Sept
Sinking fund gold 5s 1958
Feb-Aug
Caldas (Dept of) 30-yr 3s s f $ bonds 1978_Jan-JuZy
Canada (Dominion of) 3%s 1961
Jan-July
25-year 2%s 1974
Mar-Sept
25-year 2%s 1975__
Mar-Sept
Cauca Val (Dept of) 30-yr 3s s f $ bds 1978_Jan-July
SAChile (Republic) external s f 7s 1942—May-Nov
5 A 7s assented 1942
May-Nov
AExternal sinking fund 6s 1960
April-Oct
A6s
assented
1960
April-Oct

AExternal

sinking fund 7s 1st ser

AExtemal

sec

sink

fd

AExternal

sec

sink

fd

20-year 3s

s

7s

*82

80%

83

:

2nd

3rd

ser

ser

1957_April-Ocf
1957_April-Ocf
1957—April-Oct

99%

?

90

75

85

•/

—„

85

90

75

85

90

75

52%

54%

11

104%

104

101%

7

101 % 101%

30

101

99%

A

106%
102

SABavaria

Belgium

(Free

State)

(Kingdom of)

i

101 % 101%

4

100

101 %

100%

"100% 100%

31

97

100%

100%

100% 100%

33

97

100%

•

98%

99%

125

101%

9i)%

97 ?;•

1955-

(U

S

of)

to

3.5% )

reduced
s

5 A 7s

1

»

3.375%)

to

3.375% )

(Central Ry)

5%

"66

66

■y ■'

61%

■

April-Oct
'

"*95"
65%

April-Oct

1979

June-Dec

67%

3

assented

A Chilean

—

assented

A7s

66

5 ACologne
AColombia

67%

A 6s

90

101

1

63%

40%

62%

66%

38%

*39%

Feb-Aug

64%
—

68%
97

59%

2
__

.

66

92

99

5

60%

40%

62%

40%

64%

66% /

66%

38%

*65%
*39%

66V2
66

*65%

63%

66%

39

40'/a

1963-

38%

*39%

94%

1961

1961

1961

*39%
*65%

1951

—

<-

—

1961

.

-

—

sinking fund dollar bonds 1970——April-Oct

April-Oct
8A8fnking fund 7s of 1926 due 1946-—May-Nou
5A Sinking fund 7s of 1927 due 1947
Feb-Aug
8ACopenhagen (City) 5s 1952
June-Dec
25-year gold 4%s' 1953
—
May-Nov
fACosts Rica (Republic of) 7s 1951—.
May-Nov
2s ref $ bonds 1953 dHe 1972
*
_Apr-Ocf
Cuba (Republic of)
4%s external 1977
June-Dec

66%

38%

'

12%
110% 110%

64%
40 %

6%

*

20%

*10%

113

\ 69 %

65%

65%

61

~

108%

59%

113

105

113

31

62%

61%

53%

67

72%

62%

72%

73%

(Plan B)—
86%

78%

*86%

1

June-Dec
June-Dec

84

84

84

3%s

3

June-Dec

mmm•

83

83%

3%s series No.

4

June-Dec

*84

84%

3%s series No.

5

June-Dec

3%s series No.

7_.

June-Dec

3%s series No.

8

June-Dec

*82%

84

78

3%s series No.

9

June-Dec

*87%

92

87%

88

3%s series No.

10

June-Dec

91

55%

50

99%

102

6;

58

50

66

108

73

48%
108

74%
102%

5

99%

99 %

99%
44%
41%
107

Financial I net it ut ions

FOREIGN

SECURITIES

93

3%s series No.

13

3%s series No.

14

:

——

June-Dec

15

3%s series No.

17—

—June-Dec

3%s series No. 18—

June-Dec

June-Dec

90%

81%

83%

90

76

85

1

83%

—

'

'

83%

~2

78%

83%

5

78%

83 %

77

85

79

85

50 Broad

St., New York 4, N. Y.

83%

83 %
—-

*82 %

*83%

83
~

—

—

1

89

88

——

f.ARL MARKS & P.O. INC.
FOREIGN SECURITIES SPECIALISTS

84

80

83

*82%

—-

—-

TRADING MARKETS

83 %

*90%

—June-Dec




84%

89

*86

16—

FIRM

77%

*86

3%s series No.

84

77%

*91

„

June-Dec

3%s series No.

1

*90%

—

June-Dec

12

76%

84%

77%

*83%

—

•

_June-Dec

3%s series No. 11

3%s series No.

8
11

Telephone HAnover 2-0050

75

74%
2

99% 100

65%

2

123

105
1

113

68%

For
1

40%

64%
38%

♦65%

*113

Jan-July

-

—

38%

64%

—

*39%

66%

38%

„

39%

63%

—

*39%

-

Jan

40%

39%

—

*65%
■>.

Mar-Sept
5s

66%

—

'

May-Nov

1960

40%

—

*39%

7s I960—-—=—Mar-Sept

1962

*39%

—

41

36%

38%

39%

*65%

June-Dec
June-Dec
June-Dec
April-Oct
April-Oct
May-Nov

66%

107

66

38%

393/4

38%

40

103

65%

3%s series No.

No.

41

1

40

June-Dec

1993

63%

*65%

__

—May-Nov
3s

June-Dec
(City of) 6%s 1950
Mar-Sept
(Rep of) 6s of 1928 Oct 1961__April-Ocf

1927

*39%

Afay-Nov

66

—

of

3s ext

59%

3%s series No.
series

66%

40

70

f AColombia Mortgage Bank 6%s 1947

92

10
—

*66%

April-Oct

1979——

External dollar bonds of 1944

66%

*39%

*65%

(Interest

funding bonds of 1931 due 1951
(interest
3.375%)

99%
56%

.66%

66%

April-Oct

bonds

(Hukuang Ry)

80 ♦

Stamped pursuant to Plan A
to

94%
44

40%

1962

6s

Consol Municipal

109%

95 %

•

—

*100

—

June-Dec

6s

fund

sinking fund 6s

assented

A 8s

A6s

125

(interest

1952

G
6

63%

AGuaranteed sinking fund 6s 1962

106%

'

64%

April-Oct
April-Oct

1957

99%

54%

38%

1963

$

assented

61,

■

3

fund

AGuaranteed

107%

•

'

♦95

(interest

1979

of. 1927 due

Stamped pursuant to Plan A
reduced to 3.5%)
1978

reduced

J

to

I 6'/2s

Stamped pursuant to Plan A
reduced

>

67%
*100

June-Dec

1978

AExternal s f 6%s of 1926 due 1957-

AExternal

{

61

June-Dec

1941

99 %

99%

53%

*39%

Mortgage Bank 6%s 1957
assented 1957

'

*108%

♦

61%

April-Oct

external 8s

Stamped pursuant to Plan A

;

*109% 125
'

■

—June-Dec

Stamped pursuant to Plan A (interest
reduced

1

Feb-Aug
June-Dec

1945

§A6%s external loan 1950
5 A Brazil

>

6%s

extl 7s

6s 1958

56

103%

*65%

A6%s

A6%s

100%

101% 101%

99%

AChile

sink

AChlnese

IA Berlin (City of)

94%

1961—Jan-July

1962

sinking

assented

A 6s

Extl

101%

24

assented

66

AExternal

57%

43%
102

—

-98%

44%

102%

7

55

April-Oct

1961

fund

16

27

98%

98%

87

52%
104

sinking

104%

103%

52%
103

83

104%

102%

*103%

103%

83

102%

103% 103%

Jan-July
1961—Mar-Sept
Mar-Sept

6s Sept

fund

assented Sept

AExternal

85

74%

*83

••••'

71

90

*83

..

71

90

sinking

79

66 %

ARy external sinking fund 6s Jan
A 6s assented Jan 1961
AExternal
A 6s

85

90

*83

Feb-Aug
June-Dec
June-Dec
June-Dec
Feb-Aug

20-year 3%s 1966
15-year 3%s 1962

87

*83

■

1

—

1 no %

83%

*83

—...

.

.

June-Dec
Jan-July

10-year 3%s 1956
10-year 3%s 1957

99%

~i

80%

90

*83
*83

—

—
—

90

*83

Called bonds

20-year 3% s 1967

99%

*83

—Jan-July

f $ bonds 1978

(City) external 5s 1958
Australia (Commonwealth) 5s 1955

—

88

%

Feb-Aug

AExternal sinking fund 6s Feb 1961—^
A6s assented Feb 1961
—

--

1945—Jan-July
1946—Jan-July
1945— Jan-July

Antwerp

1

1-1693

Municipal

5 AExternal sinking fund 7s ser B
SAExternal sinking fund 7s ser C
SAExternal sinking fund 7s ser D
7s

Teletype

(Columbia) —

fund 6s 1947
Feb-Aug
§ AGuaranteed sinking fund 6s 1948
April-Oct
Akershus (Kingdom of Norway)
4s 1968—Mar-Sep
SAAntioquia (Dept) collateral 7s A 1945__Jan-July
sinking

96

*89

33/4s series No. 29_.

WERTHEIM & Co.
NY

82

92%

3%s series No. 28

Foreign Securities
Broadway, New York

82%

79

-—June-Dec
June-Dec
June-Dec
June-Dec
June-Dec

33/4s series No. 27

120

Wah

*82 %

*82

33/4s series No. 26

REctor 2-2300

Jan. 1

*83 %

*86

33/4s series No. 25

Exchange

89

T,ntr

78%

No.

June-Dec

3%s series No. 24

York Stock

Range Since

Sold

Nigh

*f?'6

/

3%s series No. 23

New

Bonds

Friday's

June-Dec
June-Dec

19_

33/4s series No. 22

Members

or

Bid & Asked
T.pir

33/4s series No. 20
-June-Dec

Week's Range

Last

Sale Price

—

3%s series No.

City

Issue—

1980

100.16

99

99

>97

♦99.16

♦97.16

99.16

Jan. 1

Sold

High

10,000

99.16

*97.16

Friday

Bid & Asked

8,000

103.12

104.16

*97.16

99.16

Range Since

Bonds

Friday's

104.16

104.16

1950

RANGE

Last

100

15

Week's Range

Friday
Interest

BONDS

*99.20

Jan

,

Odd lot transactions,

a

100

Oct

15-year 3%s

2s

price. No sales transacted this day.

*99.16

Oct

3-year 3s

9

100

2s

Telephone

4,000

1976

15

28

Corporate Stock

53,000

1

Apr

2s

3%

100
100

Mar

102

25-year 3s

2s

York

*99.20
*99.20

25-year 3s_

2s

New

99.28

16

2s

Transit Unification

99.28

99.28

99.28

9

Jun

100

28

V

99.28

Jun

100

Serial bonds of

♦Bid and asked

102

100.14

-June 1959-1962

Reconstruction &

94.16 Jan

91.25 Apr

the Week
Bonds ($)

High

110.18

1965-1970

.June 1967

2%s
2%s
2%s

International
90.16 Jun

Low

*108.24

Dec 1964-1969

Treasury
Treasury
Treasury
Treasury
Treasury

15

Sales for

July 9

High

*106.12

June 1964-1969

Treasury 2%s
23

Friday

July 8

*104.4

1963-1968

Treasury 2%s
99.14 Oct

Thursday '<■
Low

High

101.24

1962-1967

2y2s
Treasury 2%s
Treasury 2y2s
Treasury 2y2s
Treasury 2y2s
Treasury 2V2s

Mar 25

94.8

2%s
2%s

Low

High

*110.14

1960-1965
1956-1958
Dec 15 1958
1961

Treasury 2%s

PRICES

July 7

*101.21

1958-1963

Treasury 2%s

SALE

Wednesday

*104.4

1955-1960
1956-1959
1961

Treasury 23/4s

16

Low

High

1978-1983

Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 23/4s

102.4

HIGH

July 6

EXCHANGE

104.16 Dec

AND

Tuesday

July 5

Range since Jan. 1
Lowest
Highest

Highest

99.24 May 12

Monday

NEW YORK STOCK

Range for Previses

Teletype NY 1-971

58
50

114%

ftlfHUjc*-

23

24

(176)

The Commercial and Financial Chronicle

.

.

.

Monday, July 12, 1954

NEW YORK BOND RECORD
RANGE

Friday
BONDS

Interest
Period

Sale Price

New York Slock Exchange

or

Friday's

Bid & Asked

(Dept of)

Czechoslovakia

(State)

3s

1978.

Stamped assented

(inteiest

Jan-July

reduced

s

f dollar

f

dollar

extl

s

AEstonia

bonds Jan

44 %

56 %

54%

(Republic of)

1

37

9

99"%

§ASao

104%

—

65

-

58%

70%

13%

*13

May-Nov

105

*110% 115%

70%

1924

San Paulo
8s

65 Vn

fund

&

issue

Conversion

dollar

bonds

76%

49

49%

60

68%

12

45

57%

due

dollar

bonds

62

63

80%

49%

21

45

57%

95

40

8?% 102 %

38

76%

62

57%

57%

1

1980—

June-Dec

69'%

68

69%

June-Dec

49%

49%

65

94

85 Va

84

85%

April-Oct,

95%

*165%
*100

ASilesia

101%

part paid 1968—
Feb-Aug
§ A Hamburg (State ofi 6s 1946—
April-Oct
Helsingfors (City) external 6'%s i960——April-Oct
Italian (Republic) ext s f 3s
1977
Jan-July

42%

39%

A6s

——

19%

loan

Jugoslavia

of

34

18'A
104

53 '%

52%

53%

99

51

54'

53

*95%
101

92%
*137

(Colombia) 6'%s 1954
30-year 3s s f $ bonds 1978_—_

Mexico

1968

52%

94

54

95 y2

—

2

101

93

'

145%

15

87

44

93%
139

56%
95 y2

I

129

'

—

160

91

87

•__

18 %

15

*10

12

10%

13'A

101

101

100 Vb

101%

120

126

Jan-July

*125%

1971—.

—

April-OcZ

—.....June-Dec

*67

56 %

145 Vb

of

1899

§ A Large
§ ASmall

10%

~93A

-

*167

1945

May-Nov

94%

May-Nov

1979—

92%

94%

(1922

agreem't)

1945—Quar-Jan

•

27

-

27

_____—
.

—

A

assented

(1942

agree't)

due

4s

1

96'%

98%

98%

*75'A

ment)

(City)

due

external 7s 1959

(1942 agree't)

(assented

to

*9

1968—Jan-July

1922

~9

9%

extended

1971——

to

:

1963-Jan-Juiy
.

1913

1933

(assented

to

3s

f

s

debentures

Aluminum

A6s

new

assented

15%

(1942

Minas Geraes

(State)

ex'l

Stamped

Co

*16%

sinking

..-April-Oct

3V2s sinking

fund

to

A

Airlines
&

6s

1957
5s

1952

Oriental Development Co Ltd—
§A6s extl loan
(30-yr) 1953—
1953 extended to

1963

reduced
APeru

(Republic

ANat

ANat

•

to

loan
loan

to

Plan

extl

s
s

f

6s

f

6s

§ A Poland

—

A

100%

1961

stamped

(interest

98

98%

20
1

7V2s

1966

stamped

to

to

81

*123%

pursuant

*71%

—

103

9

102

100'A

1013A

123

6
—

—

72%

131

77%
118%
703A

1

H oo

139'%
84'%
130

58'A

36

40

55 3A

64

55%

65

>65%

7s

1950—

de Janeiro
(City ofi 8s
Stamped pursuant to Plan

§ AExternal

to

2.375%)

secured

Stamped pursuant
reduced

6'%s
to

Stamped pursuant to
reduced
A6s

external

to

2.5% )

A

to

Plan

A

reduced to 2%) 2012—.
external loan of 1926 due

Stamped pursuant to Plan

A




1

92'A

97%

£8

98'A

8

105'% 105%

23

104'%

106'A

17

95%

99'%

97

118

16

119%

132%

American Tobacco Co debentures 3s 1962—ApriZ-Oct
3s debentures 1969——
April-OcZ

118%

132%

101%

100'% 101%

37

99%

102%

debentures

1977

Feb-Aug

Nitrate

Corp 4s
3%s debs

Inc

gold 4s July

P

Arbor
W

first

Products Co

5s

July

1

Gen

1962—__Mar-Sept
April-OcZ

—

1995

May-Nov
May-No?;
June-Dec

1980—1—Mar-Sept

Jan-July

Refining 2%s debentures

debentures

99%

42

96%

102'%

99'%

99'%

26

98%

103%

93'%

3

93'%
*102
—

—■

•

_—ApriZ-Oct

mortgage 4%s-4s ser A
mtg^ 4'As ser C 1972

Atlantic

99'%

April-OcZ

Quar-Jan

1966

Associates Investment 3%s debs
'Atchison Topeka & Santa Fe—
General 4s 1995

4s

99 'A

June-Dec

1960
1977

1995

Jan-Jt'ly
Jan-July

1966

1979

*82%

*68%

—

7%

12

93A

15

39

Baltimore

Ref

12

&

Ohio

1%

7

42

v

41%

67%

79'%

68

79

127

56'%

and

—

35%

142'%
56'%

33%

42

51

55%

31

Dec

general

1995—

1

March

mortgage 6%
(2%%
Contingent interest)—

due Dec

'

■

——

124%
119

101

June-Dec

*58

109

10

106%

109%

102

102

2

101'%

104

103'%

105

*104%
99'%

99'%

2

105'A

105'A 105'A

2

103%

97

97'%

9

93%

98%

103'%

103

103'%

22

99%

103%

78%

w

—

62

62

June-Dec

*40

42

June-Dec

*40

41

ApriZ-Oct

*94

98

79%

73'%

80%

86'%

92

,

55

*96

>

71'%

93'A

96%

64%

97%

8 6'A

87

15

79%

87

82

82

6

78%

83%

Toledo-Cincinnati division—
First

lien

and

ref M

4s

series

D

Bangor & Aroostook RR 4'%s conv
Bell Telephone of Pa 5s series C
ABerlin

Industrial Loan

City Electric

§A6'%s
%s

f

s

s

f

6s
debentures

debentures

2'%s

1985—Jan-July
1976—Jan-July
1960
April-OcZ

debs

1955

196l_May-Nov
ApriZ-Oct

1951—|

*94'%

/J.
108 %

103

95

108'%

90

107%

98

2

94'%

76

76

35

98

76

1

June-Dec
Feb-Aug

*o3

Jan-July
1976—__May-No?;

99

98'%

—

—

72'%

110

77

*83

1959

93%

109%

110

79

113

97

100'%

Bethlehem

Steel Corp—
mortgage 2%s series I 1970

mortgage

2%s

series

Boston

(The)

Co

2%s debs

58

mortgage

5s series

40'A

First

mortgage

5s series

60'%

62

First

mortgage

43As series

37

40'A

&

Maine

J

1979

1981

56%

97%

80'%

73%

49

353

37'%

40

74%

21

80%

71

Borden

92%

110

79%

92

50%

37%

80'%

69'%

First

40%

100%
106 V*

79%

91'%

Consol mortgage 3s series K

40%

96

79

71

1995

Consol

--

103'%

109

92

1

Consol

36%

c& 00

45

69%

117

.—June-Dec

A 6

35%

83

103

111'%

A4'%s convertible income Feb 1 2010
_May
Pittsburgh Lake Erie & West Virginia—
Refunding 4s series A 1980
May-No?;
S'western div first mortgage 5%
ser A
(3%% fixed & 1'%% conting int) 1980_Jan-July

Beneficial
41

101

_

RR—

contingent interest) July 1975_April-Oct

Series J

70

__

66'%
5

mortgage 4s series A July 1975
April-Oct
mortgage 5% - series B (4% fixed

fixed and 3%%

75

*58%

75

96

103%

*118'% 119

—

—'

80

*103% 104

——

—

—

101

__

122% 124

124

91

103'A

101% 101%

—

79%

39

130%

99'A

80%

—

99'A

86

Mar-Sept

7%

93

1,315

Mar-Sept

8%

97%

130%

—June-Dec

12

98%

132%

1996

(interest

reduced to 2.25% ) 2004
1967 stamped pursuant to Plan A
(interest reduced to 2.25%
) 2004
{ARorne (City of) 6'%s 1952
7s

94'A
1247%

93 Va

130% 132%

2000

*49%

May-No?;

87 7%

111%

22

Refunding, and general mortgage 5% (2%
fixed and 3%
contingent interest) —

69

%

10

116

129

1

T30'% 138

4o

91%

131

1

*53%

June-Dec

96%

91%

122% 124%
94%
94%

85%

132%

1964—...

1965

due

(interest
1966

97'%

97%
100

132'%

and

(interest
1968

130'%

due March

April-Oct

sinking fund gold

Stamped pursuant
A7s

Plan

1999

70%

917%

96%

93%
77%

Jan-July

debs
debs

First

*68

■»

62'A

14

£7%

due

*40%

35%

370

95%

98%
105'%

Series M

*38%

Feb-Aup

124%

Series G

*40%

April-Oct

70%

94%

91%

June-Dec

Series K

-Feb-Aug

2%)
2012
do Sul (State of) —
§A8s external loan of 1921 1946

69%

96%

18

(interest

Rio Grande

61

95%

11%

*7%

70

9

85%

70%

8

13

104%

97%

100

10

8%

101%

■■

84'%

65

April-Oct

A

97%

9

18

106

85

55

*10%

April-Oct

1953

Plan

100%
107

5

(interest

to

100'%
104%

8

8%

_Mar-Sept

1946
A

19

9

*9

100'A

20

65

9%

74
105 %

98%

■

37

10

9

101'%

103%

14

100'% 100%

65

*7%

71'%

106

64%

64 %

102'%

99

35
i

102'% 102%

Feb-Aug
—Mar-Sept

:

101'%

_

.

106

June-Dec

1963

104%

100%

June-Dec
;

77%

*99'% 100'A

—___—ApriZ-Oct

1987

—

100% 101'%

104% 105

65

A

2001

105

101%

101%

"l
__

—June-Dec

conv
conv

First
67

—

1971

debentures

33As

3'As

A

Plan

debentures

conv

—

76

58 %

1947—April-Oct

Apr-Oct

§ARio

reduced

84%

101'%

>36%

ApriZ-Oct

reduced to 2.25%)
2006.——Jan-July
APrussia (Free State) 6'%s ('26
loan) 1951_Mar-Sept
A6s s f gold extl
('27 loan) 1952

§ARhine-Main-Danube

15 3A

11%
142

100%

—

*74'%

Jan-July

—

Atlanta & Charl Air Line Ry 33As 1963
Atl Coast Line RR 4%s A 1964—^

(interest

1

77%

104

*102'%
100%

June-Dec

—Feb-Aug

1982—

debentures

Stamped

103

*52

2001—Jan-July

to

1966

April-Oct

1986

debentures

Gen
1

82

100% 100%

April-Oct

Plan

2.375%)

debentures

3%s

A

102%

98

1970—May-Nov

1975—.

Ann

99%

9'A

*101'A

April-OcZ

—

Anheuser-Busch

98'%

136% 136%

ApriZ-Oct

pursuant

6

99% 100

102% 102 'A

Mar-Sept

1968

reduced

~8

(interest

Mar-SepZ
1959
Mar-Sept
1st series I960—June-Dec
2nd series
1961—Aptil-OcZ

debentures

3s

debentures

Anglo-Lautaro

41

102

—

8s

58

33'%

*101% 104

§AExternal sinking fund
gold 8s 1950—Jan-July
A4'%s assented 1963
—Jan -July
Porto Alegre (City of) —

■

58

100%

99%

May-No?;
i—ApriZ-Oct

(Republic of) gold 6s 1940
A4'%s assented 1958
§ A Stabilization loan sink fund
7s
assented

3 8'A

45

•

A4'%s

83 %

104

1975

3%s

1980—.

23As

53 »A

102

100% 100%

2.125% ) 2008
of) external 7s

extl

130

*101

——Jan-June
Telephone & Telegraph Co—

3%s

34

40

*101

——May-No?;

Oslo

Stamped pursuant

53%

>38

•_____Mar-Sept
Alar-Sept

(30-year) 1958
5'%s due 1958 extended to 1968
(City) sinking fund 4'/2s 1955
SAPernambuco (State of) 7s 1947

j

92'A

*101

:
ApriZ-Oct
1970—June-Dec
i
Feb-Aup

A5'%s extl loan

May-No?.

Corp 33As s f debs 1964—May-Nov
Foreign Power deb 5s 2030—Mar-Sept

debentures

3'As

Mar-Sept

sink fund

__

>58

2008

external

of)

993A

81'%

COMPANIES

—Mar-Sept

June-Dec
Ltd

3%s debentures 1973

18 V*
94

(interest

,Feb-Aug

fund

94'%

72

—

142

*81%

INDUSTRIAL

4.80s junior debentures 1987

2%s

19

17%
--

>58

1959—Mar-Sept

6V2s

Plan

2.125%)

Municipal Bank extl

6s due

17%

*94

"38

(Kingdom of) 3%s 1957
May-Noy
Norway (Kingdom of) 4'%s 1956—
—Afar-Sept
External sinking fund 4'As
1965——ApriZ-Oct
4s sinking fund
external loan 1963

lANuremberg (City

94'%

95%

6'%

1972—.Jan-July

1979

Canada

25As

16%

.

17%

18

*16%

1963_Jan-Jwly

Netherlands

<

15'A

3

-7

agree't)

1952

Mar-Sepf

to

15%

of

234s

—

pursuant

reduced

1967

23As conv debentures 1961—

ASecured extl
sinking: fund 6'%s 1958—-Alar-Sept
Stamped pursuant to Plan A (interest
reduced to 2.125%)
2008—

ASecured

3'As

23As

16%

23As

1
6'%s

15%

1

Jan-July

ASmall

(City of)

15%

15%

1922

—

§ ASmall

§AMilan

Southern

Great

American

15%

—

6s of

agreement)

AND

Alleghany Corp debs 5s ser A 1962
May-No?;
Allegheny & Western 1st gtd 4s 1998——April-Oct
Allied Chemical & Dye 3'%s debs 1978
April-Oct
Allis-Chalmers Mfg 2s debentures 1956
Mar-SepZ
Aluminum Co of America 3'As 1964—
Feb-Aug

,

Jan-July
(1942 agree't)

ASmall

§ATreasury

82

140

June-Dec

RAILROAD

American

—

assented

1

12%

1961——June-Dec

American Bosch
10

agree¬

1945

new

92

Feb-Aug
——Feb-Aug

1958

(City of) 6s of '26

1961

.———

A4s

89

Valle Del Cauca See Cauca Valley (Dept of)

American

June-Dec

assented

1910

§ ASmall

17 3A

(assented to 1922 agree't)

1954

of

17 %

16%

-

173A

17

17%

16

17 %

*16

—-----

I

16

*16

____■.

_______—

1904

A 4s new

§ A

16

16

1963_Jan-July

Large

ASmall
A4s of

100"%

90%

11

92%

1979—

Alabama Power first mortgage 3'%s
1st mortgage 3'As 1984

:

—__

new

99'%

*100

—Mar-Sept
1946—Feb-Aug
-May-How

8s

94'%

conversion

10%

Quar-Jan

—

§ ASmall
A5s

86

167

1960—

6s

Albany & Susquehanna RR 4'%s

§ALarge

15

83 »A

_—.—

—

§ A5s assented

147

79

166

82%

92 %

—

due

66

66

134%

4

144% 145%

.June-Dec,

773A

60

55'%

*92%

6s

*9%

—

73'%

6s 1964—1—.—May-Nov
bond of 1937) —

(dollar

A4'%s assented

1943—May-Nou

74%

130%

713A

10

74'%
67%

*65'%

3'%s external readjustment 1984———Jan-July

85

19%

I

1955

external

readjustment

External

30

92

121%

4s-4'As-4'%s external readjustments 1978_Feb-Aug
3%s-4'/8S-4As external conversion 1978_June-Dec

139

19%
44'/a

(Republic)

External

88'A

54%

68

72%

*125% 127%

f 1945—-Mar-Sept

1945 extended to

AYokohama

1968_Jan-July

—

72%

1952—___—Mar-Sept

1963———

to

s

3%s-4s-4%s

93%

4

86%

54

Jan-July

*__

April-Ocf

to

'12

sinking fund
AExternal sinking fund

80 VB

June-Dec

agreem't)

26%
149

June-Dec

1961

AExternal

13

26

due

7s

mtge

§AUruguay

101

73%

85%

of '27

extended

1st

Alabama

(Republic of)

§A5s

.

(1942
—

15 3A

143%

..June-Dec

—

assented

ASmall

32,

Ltd—

extended

1961

1953

A Warsaw

A New

23'A

26%

1958

Tokyo Electric Light Co Ltd—
§ A6s 1st mtge $ ser 1953_
6s

—

25

May-Nov

Mexican Irrigation—^
§ A4'%s assented (1922
agreement)
§A4'%s small 1943—

21%

22%

Ujigawa Electric Power Co. Ltd—

159% 160

1957—April-Oct

AMedellin

43

—

sterling loan of

§A7s

93 '%

7s

23'A

81'%

15 3A

81%

21%

23 %

§AWith March 1 1952 coupon on__——_

56

159%

1975

due

§A5s

56 y2

*93%

(City of)

5'%s

99 %

52 y2

June-Dec

—

(State Mtge Bank)

,87

64'A

78

———June-Dec

Power Co.

45%

38

Feb-Aug

to

April-OcZ

(40-yr) s f 1971_—;
—_—Jan-July
5'%s due 1971 extended to 1981———Jan-July

123

97

98

55

——Feb-Aug
1965——May-Nov

'30

73

84

*84

87

59

73

1962_

external 7s
1958

A5%s extl loan

54'/a

Jan-July

1954_

extended

81%

87

73

A5'%s

(Imperial Govt)-r-

1965

(Prov of)
assented

49%

54 %

—Jan-July
-

40

*__.

Mar-Sept
^

6'%s due 1954 extended to 1964
extl

64

*147

Taiwan Electric

15

*105% 107 %

Italian Credit Consortium for
Public Works
30-yr gtd ext s f 3s 1977
———Jan-July
§A7s series B 1947—

Utility Institute—

42%

39%

42%

due

8IV2

-June-Dec

ioi '%

Tokyo

May-Nov

A5'%s

82%

—

ioo %

—

•

30-yr gtd ext s f 3s 1977——
§ A External 7s
1952—
§ A Italy (Kingdom of) 7s
1951—

77V2

...May-Nov
secured external 1962_—...May-How

A7s series B

164 y2

5'%s

70

(Kingdom)—

§ A6'%s 1st mtge s f 19526'%s due 1952 extended to

100 Va

'24

82%

(interest

Sydney County Council 3'%s 1957

98 y2

of

59

♦79

1962——_.

162%

156 y2

loan

2.5%)

162%

*100

extl

82%

water loan

secured external

A4'%s

*164

A6'%s

to

external

A 8s

—

-_June-Dec

Jan-July

Japanese

50 %

A

Shinyetsu Electric Power Co Ltd—

6'%s due 1950 extended to 1960
Greek Government—
A7s part paid 1964-—

Public

58

*92

Serbs Croats & Slovenes

--—Feb-Aug
ser A 1944 extended to
1954——-----Feb-Awp
6'%s 1st & gen mtge
1950_———Jan-July

Italian

to 2.5%) 1999——Jan-July
1950-,—<——
Jan-July

Plan

Stamped pursuant to Plan A
reduced to 2% ) 2012

'

------—

Great Consolidated Elec Power—
5 A7s 1st mtge series A 1944—

A

67

61

57 y2

3s dollar bonds 1972
(extl loan 1924 Dawes loan)—
§ A7s gold bonds 1949————
German Govt International
(Young loan)
5j/2s loan 1930 due 1965

§ A

65

61'%

Apr-OcZ

German

7s

58

55%

26

1963—Jan-July

issue—

1972—

International loan of 1930—
5s

55

60

*53

to

1999————Jan-July
1956
Mar-Sepf
Stamped pursuant to Plan A (interest
reduced to 2.25%)
2004—
Jan-July
A 6s external dollar loan 1968—
Jan-July
A7s

84%

49%

75%

76%

April-OcZ

1953

1953

57

♦63

reduced

external

reduced

April-OcZ

_

10-year bonds of 1936
3s conv

High

.

(interest

§A8s

Jan. 1

Low

No.

(interest
May-Noi?

(State of)—
stamped pursuant

1936

17
122

Range Since

Sold

May-Nov

8s 1952

(City)

Stamped pursuant to Plan A
reduced to 2Ve) 2012

,

5'%s dollar bonds 1969—
dollar bonds 1972

4s

Paulo

Bonds

High

Stamped pursuant to Plan A (interest

3s

Prussian

Friday's

Low

43

37

100

70 %

or

Bid & Asked

Stamped pursuant to Plan A (interest
reduced to 2.375%) 2001——___a—May-Nou
A6'%s extl secured s.nking fund 1957—_May-Nov

*76

1

1

on
Main 6'%s 1953
(Federal Republic of)—

External loan of

4

Week's Range

Last

Sale Price

High

100

100

1976
Jan-July
1976——Jan-July
7s 1967-—
Jan-July

bonds Jan

§ AFrankfort
German

Low

Period

New York Stock Exchange

;

No.

Interest

BONDS

Jan. 1

37

April-Oct

0

Range Since

Sold

to

Eh Salvador (Republic of)—
3'%s extl

54

1960——--—--April-Oct
exti 4'%s 1962

JULY

ENDED

—

6%) extended to
Denmark (Kingdom of)

3s

WEEK

Friday
Bonds

Hiah

Low

Cundinamarca

FOR

Week's Range

Last

a

99%
99

Jan-July
—

52

Mar-Sept

*100% 100'%

95%

—

98%

98'%

101% 1013%

102 y8

97

101

RR—

AC
II

1967

1955
JJ

1961

*78%

Mar-SepZ

100

May-No?;

76%

First mortgage 4s series RR
1960—_—Jan-July
AInc mortgage 4'%s series A July 1970_May-No?;
Bristol-Myers Co 3s debentures 1968
ApriZ-Oct
Brooklyn Union Gas gen mtg 2%s 1976—Jan-July
1st mortgage 3s 1980
Jan-July

81%

99%

81
100

April-Oct

101'%

"76%
73%

53%

72 3 4

73%

54

53

5?%

49

98

97%

98

70%

51%
100

*100% 101%
15

92%

78

75'%
59

101%

98

•Volume

Number 5341

180

The Commercial and Financial Chronicle

...

,,7^

'

-

.

■

,

•

.

■

'

•"

;

;\ r

\A''/

.

,

NEW YORK BOND RECORD
RANGE

I

BONDS
New York Stock

Friday
Interest

Last

Period

Exchange

FOR WEEK ENDED JULY

9

Week's Range

Sale Price

or

Friday's

Bid & Asked

Friday
Bonds

Range Since

Sold

Jan. 1

BONDS

New York Stock

'

Low
Brown Shoe

Co

debs

3 Vis

1971

Buffalo

Niagara

Buffalo

Jan-July
1975_May-Nov

*100 %

Rochester & Pittsburgn Ry—

Eiec first

mtge 23/4s

Stamped modified 4 Vis
Bush

Terminal

Co

5s

May-Nov
Jan-J«ly

1955.

Bush Terminal

Bu.ldings 5s gta 1960
general mtge income 1982

A 5s

Low
101

—

97 %

97'/4

87 %

88

94%

April-Oa

87 %

Continental

Baking 3s debentures

99 Va

Continental

Can

90

Crucible Steel Co of Am 1st

100% 100%

7

100

101

104

104

Jan-July

5

103%

104%

*87

104
89 Va

81 %

90

California

Oregon Power 3%s

Canada

first

Power

3s

1976

June-Dec

gtd 5s A 1962

Southern consol

April-Oct

1974

*—

May-Nov

96 %

Guaranteed

Canadian

4%

Pacific

consol

1957

Jan-July

il

gold 4%s 1955
gold 4Vis 1956

Guaranteed

June-Dec

debenture

A 1st

Cuba

1960

Ohio

&

A

4s

1965

June-Dec

Celanese

debentures

3s

debentures

of

1965

April-Oct
1960

(1947 issue)

§ACentral Branch U P
First

Feb-Aug

1976

debentures

3Vis

3%£ debentures
Central

1st

1960___

gold 4s

T00% 100%

105%

4s

series

Central

RR

Central

New

Central

1

2020

1

2020

May

First and

of

N J

York

3Vis

refund

1987

3s

Power

3Vis series A

98%

94%

98 Va

94%

94%

92

_I

99%

»_

97%

96
98

98

88%

100

88%

73%

74%

23

54%

55%

176

95

5

4 Vis

Refund

55%

98%

103

101%

101 %

__

*99% 102%

Mar-Sept

1992

126% 126%

1

117 %

102% 102%

17

97%

102% 102%

4

97%

II

Refund and impt M 3%s series H 1973__June-Dec
R & A div first consol gold 4s 1989
Jan-July

II

Second

75%

51%

Jan-July

and impt M 3Vis series D 1996—May-Nou
and impt M 3Vis series E 1996—Feb-Aug

Refund

86

66%

97

consolidated

gold 4s

1989

Jan-July

*105% 106%
*110%

"

101%

96%

Chesapeake & Ohio Ry—
General

90

85

*82%

55

*101%

100

79%

_I

I"

1958

4s

refunding mortgage 3Vis 1985__Feb-Aug
refunding mortgage 27/8s 1970—Feb-4ug
ref mtge 3s 1990
Feb-Aug

First and

104

104%

__

104

103

*99% 100%

98%

99%

103%
103%

106%

First

mortgage 33/4s series B
gold

1st

AGeneral

inc mtge

1985

1982

5s

Chicago Great Western

April
May-Nov

98%
*95%

4s

98%

93

43

106%
101

4Vis Jan 1 2038

April

94%

99%

General
4

Vis

1994

mortgage 4Vis inc ser A Jan 2019—April
increased series B Jan 1 2044
April

1999—April
Jan-July

1

First

mortgage 3s series B 1989..
Chicago Rock Island & Pacific RR—

86%

130

117 '/s

93

6

79%

6

70

70

4

66

66

17

*101% 101%
102

124

80

93

73%

80

102

63%

70

59%

66

100 %

101%

1

97 Va

103%

74%

74%

74%

12

65%

23/4S-4V4s 1994

60%

62%

183

54%

57

57 :V
/4

152

53%

58"%

72%

80 Va

*77%

coll

1st

trust

43/8s

mtge

Cincinnati Gas & Elec
First

First

92

*72%

98

93

__

69%

74

66%

75

*68% ' 69 %

71%

I

gtd 3%s

Cities Service Co

3s

f debs

1977

105%

debentures

4s

Cincinnati Chic

gold

St Lo :is

&

B

June-Dec

1993

Electric

*85

_June-Dec

2%s

4s
4s

3s

1970

Line

Jan-July

100
100

first

79

79

67%
*94%

102%

gtd 4 Vis

Fuel

&

Gas

105%

94%

96%

100

97%

100%

15

103%

99%
94 Va

98

99%

94%
93

62

99%

81

79%
68

21
8

101

*11

101 %

11

104%

*97%

68 %

62

4%s

Corp

3s

debentures

series

A

debentures

series

B

1966

June-Dec

1975—:

3s

1975_

3%s debentures

3Vis sub

debs

Columbus

Commonwealth

'551

Elec 3%s

Ohio

first

95

4

101
97

104%
102
,

96

104
100

99%

105%

1970

Edison

3s series

mortgage

3s

4s

s
s

f
f

102 %

97%

99%

*100

114%

98%

95%

100%

96%

96

100%

99%

105 %

109%

114%

100%

1043/4

101%

*—

L

1977

Feb-Aug

1978

101%

101

113% 114%

171

*103% 104%

June-Dec

debentures

1999

1017/8

101% 101%
*99

98%

103%

99%

102%
100%

101%

94%

Apri'-Oct

93%

93%

91%

April-Oct

—_

*94%

95 %

91%

95

98%

Compania Salitrera—See
Anglo-Lautaro Nitrate
Conn

River

Power

3%s

Consolidated

Cigar

Consolidated

Edison

series

1961

A

3%s

New

Feb-Aug

103

April-Oct

1965

*94%

First

and

refund

mtge

2%s

ser

A

1982_Mar-Sept

951/4

and

refund

mtge

B

1977_Apri>Oct

95 %

and

refund

mtge

2%s
2%s

ser

First

ser

C

1972 .June-Dec

and

refunding 3s series D 1972

First and

First

May-Nov

ref M

3'/4S

ser

G

19&1

102%

33/8s

ser

H

1982

&

M

3%s

series

&

1st
3s

ref

ref

M

338s

ser

J

I

1983..

1st

ref

M

2%s

El

Lt

1984—_____

ser

&

(Bait)

1st ref M 27/8s ser U 1981—
1st ref mtge s f 2%s ser X 1986
1st ref M 3%s ser Y 1983

3'As

Consolidated

Natural

3%s debentures

2%s

Jan-July
—

1963

debentures

A 3s

cum

in

U

S

Consumers
1st

inc

debs

dollars)
Power

footnotes




100 V*

102% 103

14

97%

8
10

98%

103 %

96%

__

103

96 %

oi

100%

1053/a

*104% 105%

103

1053/4

106%

104%

106%

105% 105%

104%

106 Va

164

182

182

101

101

101

95%" 101

April-Oct
Jan-July

*99% 100%

963/4

100%

*~

94%

99%

June-Dec

105% 105%

1

105%

107%

133% 134%

30

117%

137%

97%

April-Oct

*__

98 %

35%

10

32%

36

21

21

21

5

20

23

25%

25%

3

25%

28

25%
—

*25%

'

mtge 2%s 1975

102%

104%

*101% 102%

105%

107

101 % 101%

101%

101 %

98%

25'A

27%

24

28%

97

94'A

99%

99

96

26

*96
99

5

4s

*104

1963

103

QQ

104%

*94

ApriZ-Oct
Jan-July
May-Nov

1965

extended

96

99

101

101

23

97

*1011/4 102

101

99%

103%

103

2

101'A

1033/4

91%

92

6

89%

96%

72%

72%

3

70

77%

90%

6

103

refund

M

mortgage due

Div

Western

&

series

5s

'

-

1973—May-Nov
May

C

1993

91%

May-Nov

,90
*85%

Denver

Rio Grande Western

&

First

89

82

*99

—

91%

84

85%

*80%

May-Nov
1st mtge & coll tr 4'As ser B 1985-—May-Nov
Delaware Power & Light 3s 1973
April-Oct
First mortgage and coll trust 3%s 1977_June-Dec
First mortgage and coll trust 2%s 1979-Jan-July
1st mtge & coll trust 2%s 1980
_Mnr-Ser>t
1st mtge & coll tr 3%s 1984
May-Nov

85%
82

79%
99

--

102%
"

*94

*94%

953/4

95%

95

—

RR—

series A (3%
fixed
contingent interest) 1993
mortgage series A (4%%

mortgage

l<Zc

104

Jan-July

104

1

100 3/4

104%

4

933/a

993/4

993A

102'A

100 y2

104%

Income

98%

April

contingent interest 2018

983A

Denver & Salt Lake—
Income

(3% fixed
contingent interest) 1993

1 %

mortgage

E'dison

General

series

3s

and

ref

&

ref

33/8s

95

92%

Mar-Sept

96

96

95

*104%

mtge 2%s ser J 1985

Gen

95

May-Nou

&

1976

K

convertible debentures

3s

102% 102%

102%

1982—May-Sept

series I

Gen

ser

102'A 102%

Jan-July
June-Dec

1970

H

23As

refund

conv

Detroit

debs

Mack

&

104%

__

98

971/4
105%

141%

159

109%

June-Dec

1958

Feb-Aug

1969
first

lien

1995—June-Dec
Second gold 4s 1995
June-Dec
Detroit Terminal & Tunnel 4%s 1961
May-Nov
Detroit Tol & Ironton RR
Dow

Chemical

23/4s

B

May-Nou

Duquesne

Light

Co

2%s

mortgage 2%s

mortgage 2%s
1st mortgage 3'As

Feb-Aug
April-Oct
Feb-Aug
Mar-Sept
Mar-Sept

1979
1980
1982

1st

Jan-July

1983

1st

1st

mortgage 3%s

1977

47

124
71

71

*72

*72

74

104% 105

105

99

8

97%

106% 108

108

243

100 3A

3

94%

97%

97%

88%

83

93

98%

98%

105%

103

16

*87'A

1976_Mar-Sept

1961

ser

debentures

2.35s

122% 122%

122%

gold 4s

*__

97%
97

997/a
108
99 V*

94

94

97%

98%

105'A

105%

106

107

103%

1043A

140

*97

Va & Georgia div first 5s 1956_May-Nou
(N Y) first cons gold 5s 1995_Jan-July
Elgin Joliet & Eastern Ry 3'As 1970
Mar-Sept
El Paso & Southwestern first 5s 1965
April-Oct

104% 104%
*140

Edison El 111

5s

stamped

1965

Railroad

111%

142

110% 111%
*109

103%

98%

103% 103'A

109

111%

108%

111

109

Co—

General

—April-Oct

April
1964.April-Oct

Mtge inc 4'As ser A Jan 2015

First consol mortgage 3'As series E
consol

77%

77%
*95

Ohio

mtge

Division first mortgage

Firestone
2%s

Tire

Rubber

&

debentures

and

1974—Mar-Sept
May-Nov

refunding 5s series A

102

May-Nov
Jan-July
May-Nov
June-Dec

1961

1972
1977

{Florida East Coast first 4'As 1959
AFirst

94

87%
82%

88%

1003A

*88

80

94

99

103%

88

3'As 1971—Mar-Sept

debs

3s

72%

77%

*88

3%s series F 1990—Jan-July
First consol mtge 3%s series G 2000
Jan-July

Fort

Worth

& Denver Ry

General Electric Co
§A7s

102%

12

*100-/a

99%

104 %

100

—

98% 100%

99%

96 y«

96

*96

*103% 103%
326

101%

92%

100%

debentures

§A6s

4s

Motors

100%

20

*127%
122

_____May-Nov
Jan-July

3%s debs 1976

*104%

11%

12%

116

99%

99%

6

11

96%

105%

14%
101 Va

107

132

—

122

~1

148

119

1

144% 144%

Jan-July
June-Dec

1940

1948

General Foods Corp

General

104%

103

—

1945

debentures

*105

Co 4%s 1982

(Germany)

debentures

135

116

126

103%

__

105

Acceptance Corp—
40

103%

1043A

Jan-July

1033A

103 % 104%

Mar-Sept

1"3%

10% 103%

8

103%

105

3'As debs 1979

Jan-July

104%

103% 104'A

92

101 3/s

105%

Realty & Utilities Corp—
conv
income debentures 1969

Mar-Sept

debentures

1958

3%s debentures 1961
Motors Corp

General
A4s

Good Hope Steel & Iron

§A7s

f mortgage

s

Goodrich
Great

(B

F)

Northern

first

Co

mtge

April-Oct
2%s 1965—-May-Nov

C

4'As series D

mortgage
mortgage

1976

series N 1990—Jan-July
3%s series O 2000
Jan-July
3%s

100'A

General

96%
*94

Gulf Mobile
First

certificates

116%

83'A

20

96

96

18%

refunding

4s series B

*104

1975

73

70

'

—

18 3 H

15%

13

96'A

trust

3%s

2%s

Utilities

First mortgage 3s

debentures

—Jan-July

1968
1st mtge

1978

84

CO

96%

~2

84

13

89%
100

83%
'

973/a
75
22
105

96%
102%

75

84%

"91

92%

—

*91%

1976—May-Nov
April-Oct

95

98

98

■

Jan-July

1969

June-Dec
June-Dec
May-Nou
June-Dec
June-Dec

1979
First mortgage 2%s 1980
1st mortgage 3%s 1981
1st mortgage 3'/8s 1982
1st mortgage 3%s 1983
mortgage

101

105

*102

refunding 3%s series D

94

943A

1
•»_

96%

85

6

83%

—

99

91

95%

90%

*75%

mtge inc 5s series A July 2015

and

General

3s

Feb

B

126

88

1

96%

Ohio RR—

Jan-July
April
1969_April-Oct
mtge inc 4s series B Jan 2044
April

and

General
First

&

101 %

90%

Jan-July
Jan-July
Feb

mortgage 2%s series R 1961
Bay & West debentures ctfs A

98%

1163A

*116

Jan-July

mortgage 2%s series P 1982
General mortgage 2%s series Q 2010

146%

4

125-% 125%

131%

2

100% 100'A

96%

95

94

24

111

143

Jan-July
Jan-July

1973

General

AGreen

1

95

145%

145%

Ry Co—

series

General

General

95

—

Works—

1945

5s

2%s

100% 101

101

23

98%

101 '/a

—

—

—

—

*11
—

104

99

*100
—

100

—

H
Hackensack

Water first

mtge 2%s

*__

1976—Mar-Sept

*119%

Mining Corp 6s 1949—
Jan-July
Hocking Valley Ry first 4%s 1999_i——.Jan-July
Household Finance Corp 23As 1970—— — -Jan-July
SAHarpen

3%s debentures 1958

debentures

Mar-Sept
,-Mar-Sepf

__________

1968

—

Lighting & Power Co 3%s 1967—June-Dec
fund 5s ser A 1962_June-Dec
Hudson & Manhattan first 5s A 1957—;—Feb-Aug

*125

*97%
104

I
Illinois Bell Telephone 23/4s
First

Illinois

94'A

98 %

103%

104%

105%

107%

151

98
104

190

20%

beries A 19811-Jan-July
1978—
June-Dec

96%

I85

1

67

5'%

54%

25

47

57

20

20%

92

15%

23

96

96%

10

93%

*101

April-Oct

102%

93

,

mortgage 3s series B
Central

135%

1263A

85

54%

Adjusted income 5s Feb 1957—

104

94

118%
114%

—

*190%

Hudson Coal first sink

A

<

90%

93%

126%

.

Houston

Consol

11%

145

103 V;;

98%

RR—

mortgage 43/8s-3%s ser A
.

102%

*106

1979—May-Nou

mortgage 53/8s-33As series B 1979-May-Nou
Consol mortgage 3%s series C 1974May-Nou
Consol mortgage 3%s series E 1982
Feb-Aug
Cons mtge 33/4s series F 1984
Jan-July

*103%

104%

*102

106

103

—

103% 1043/4

9ff
102%

25

105%

102

—

*103%

Consol

Mar-Sept
Jan-July

28

26

—

—Jan-July
_June-Dec
Feb-Aug
June-Dec

1978

A

1977

993/4

*104

April-Opf

27.

June-Dec

Collateral trust 4-6s May 1 2042
Pennsylvania Division—
1st mtge & coll tr 5s ser A 1985

4%s

Cuba—

2001

page

June-Dec

1023/4

(stpd as to payment

first

see

96%

95%

June-Dec

mortgage 33As 1983

For

913/4

r^V(,.^0o

1979

Consolidated Railroads

91%

May-Nov

1976

3%s debentures 1978___

3Vis

9

14

99%

182

Jan-July

June-Dec

Gas

95%

—

debs 1961

conv

95

95 %

103% 103 %

._June-Dec

Power

1976—_____

T

103%

*105

_

-Feb-Aug

convertible debentures 1963

Consolidated Gas

35

Morris & Essex division

First

100% 100%

Mar-Sept

1st &

91%

95

*100%

_May-Nov

1st & ref M
1st

102%

__

94%

*98%

refund mtg.e 3s series E 1979—Jan-July
refund mtge 3s ser F 1981
Feb-Aug

and

1970

Lackawanna

and

Gulf States

103

York—

First

First

First

AIncome

Collateral

Corp
of

York

New

A Debenture

45

*99% 101%

—April-Oct
;

_

2001

B

General

May -Sept

series N

debentures

ser

1970

General

1955—Feb-Aug

sinking fund debentures 1999

27/8s

37

Co—

mortgage

First

2%s

99%

.May-Nou
external

First

3s

1

April-Oct
'64—May-Nov

99

98%

Feb-Aug

35/8s 1983

Toledo

&

99 >/8

June-Dec

1977

(conv aft Jan

South

&

1st mortgage

Columbus

C

ser

35%

Delaware Lackawanna & Western RR Co—

General

95

1961—April-Oct

81%

70%
91

__

102% 102%

87%

101

86%

System Inc—

Iron

91

106%

—

101

June-Dec

Colorado

102

-Mar-Sepf

1986

Columbia

~1

107%

95%

83

*101%

June-Dec

—

1985

3%s

mortgage
Short

1st

trust

3s

mortgage

First

Cleveland

coll

Illuminating
1982

mortgage

First

first

June-Dec

Hudson

&

§A6'As

1977—Jan-July

First

101%

Ry—

1991—Jan-JuZy
1990_May-Nou

Louis Division

96%

99%

Cincinnati Wab & Mich Div

Cleveland

28

__

99%

105% 105%

*94%

June-Dec

1993—

4s

series

96 %

99 %

June-Dec

—

Refunding and impt 4 Vis series E
St

104

105%

__

99%

*9.v

091/3

Jan-July
——Jan-July

—

s

*105%

Feb-Aug
ApriZ-Oct

1961

5s

98%

95

Frb-Aug1

1969

City Investing Co

General

100%

1

98%

1966

General

13

*103%

1974

City Ice & Fuel 2%s debentures
Cleveland

101

100

May-Nov

1959

1960

1970

4s

3'As debentures

series E

Corp 2%s

debentures

4s

101

100

1975..Apni-Oct
Jan-July

1978

2%s series G

mortgage
Financial

T

1982

A

ser

101

Jan-July

Terminal—

Union

mortgage

First

Jan-July

_

1st mtge 23/4s

2%s

mortgage

Cincinnati

C

1963

27/8s series G 1963
Western Indiana RR Co—

Chicago &

Jan-July

1970-—

30

23/4s debentures

Co

First

3 VoS series F

& ref

Erie

*95%

Jan-July

mortgage

—

98

62%

57%

Chicago Union Station—
mortgage

—

98

—

75

G2%

mtge 27/8s ser A 1980
--Jan-July
Chicago Terre Haute & Southeastern Ry—
First and refunding mtge 23As-4%s 1994_Jan-July

First

June-Dec

1970

3s subordinate debs 1982

1st

First

104

*101%

—

East Tenn

Chicago & North Western Ry—
Second mortgage conv inc 4Vis Jan

Income

90%

74

79%

Ian-July

conv

80%

12

92%

A 2nd mortgage 4 Vis inc ser A Jan 2003
April
Chicago Indiana & Southern Ry 4s 1956
Jan-July
Chicago Milwaukee St. Paul & Pacific RR—

mortgage 4s series A

21

86%

*125

Chicago Indianapolis & Louisville Ry—
A 1st
mortgage 4s inc series A Jan 1983_—April

First

85%

85%

_I

101%

May-Nov

__

85

May-Nov
Jan-July

1988,

A

ser

85%

IOOV4

103%

A

equip 4s

debentures

3'As

mortgage inc conv 5s 1997

Chicago & Erie

&

3'/8s

116

Chicago & Eastern 111 RR—
AGeneral

High

99

103

ser

mortgage 3s 1978
mortgage 3s series

Detroit
104

First and

1st &

Deere

*101

Mar-Sept

—

June

4s

ref 4s

&

&

Delaware

127

Chicago Burlington & Quincy RR—
General

Low

*104

mtge 3%s 1966 May-Nov

mortgage 3'As 1982
Dayton Union Ry 3'As series B 1965

.

__

101 % 101%

Feb-Aug

Jan. 1

No.

*29

1977_

First

100 %

*102%

*101% 102%

3S/Ss series B 1968_
Champion Paper & Fibre deb 3s 1965—

lien

Imp

First

100%

Feb-Aug

mortgage

mortgage

First

103%

99%/

99

April-Oct

1974_^.

Range Sinee

Sold

Jan-July

Dayton Power & Lt first mtge 2%s 1975—April-Oct

69

*94%

May
Jan-July

1974

107

64%

Pacific Ry Co—

Co

102

68%

Jan-July

1995

A

mortgage 4"Vis series A Jan
AGen mortgage 4Vis series B Jan

106%

*66%

Georgia Ry—

mortgage

103
97

105% 106%-

Feb-Aug
June-Dec

1948

65

_I
_I

Feb-Aug

AGen

First

106 Va.

104% 105%

April-Oct

Corp

105%

104%

1

Mar-Sept

Carthage & Adirondack Ry 4s 1981
Case (J. I.)
Co 3Vis debs 1978

Corp

103%

1

Bonds

April-Oct

1976

(1942 series)

mortgage 4s

lien

A

1965

High

108%

2

7

Mar-Sepf

Carolina

3 Vis

106 V*

104% 104%

Range
Friday's

RR—

A 1st

96%
108 %

105% 105%

Jan-July

ser

Clinchfield

f debs

s

A 1st

96

93%
105 %

"108%
1043%

Feb-Aug

(perpetual)

93%

96 %

Ry—

Capital Airlines Inc 4s

Celotex

100

106% 107%

1063A

Canadian

National Ry—
Guaranteed gold 4Vis

3%s

debs

3'As

A 1st

Electric

or

Bid & Asked

Northern Ry—

Cuba

c
California

Week's

Last
Sale Price

Lnw

101 %

85%

30

Period

High

Crane Co

1957

Cons

II

High,

No.

Interest

Exchange

1033/4

101%

105%

102

102

OK

26

The Commercial and Financial Chronicle

(178)

.

.

.

Monday, July 12,1954

NEW YORK BOND RECORD
RANGE

Friday
Interest

New York Stock Exchange

FOR

WEEK ENDED JULY

9

Week's Range

Last

Period

BONDS

Sale Price

or

Week's Range

Friday
Bonds

Friday's

Bid & Asked

Sold

BONDS

Interest

New York Stock Exchange

Period

Since

Range

Jan. 1

Last

or

Sale Price

Friday's

Bid & Asked
"

Illinois Central

Illinois

Feb-Aug

Co

3'As

debs

1972^

Mar-Sept

§ A First

6s

series

A

AFirst

series B

5s

A First

gold

5s

Jan-July
April-Ocf

1952

1956——Jan-July
C 1956.
Jan-July

series

New Orleans

97%

135%

AFirst

18

120% 121
75

74

53

75

116%
103%

3.65s

subord

conv

debs

1977—-

Interstate
3 (As

Oil

f

s

1st

Power

mortgage

.

series

Jan-July
1972—May-Nov

B

j

1977-.

A

3s

113'A 113%

15

97

114

113% 114'A

114'A
106 7/«

16

97%

106% 106%

N

107

100

70%

89

-

87%
103%

100

103%

Jan-July

102%

102% 102%
*—

.—Jan-July

___

102 %

Clear

&

1st

4s

1959—June-Dec

2%s

1|976—Mar-Sept

99%

90%

94

1st

Mich

&

1st

1990—

City Power & Light 2%s

mortgage

27/8s

1976

1978

June-Dec

Plain

1961

*99%

4'/2s

94%

99%

103%

103

100%

98%

98%

*55%

51%

59

103%

98%

—

unguaranteed

1961

April-Oct
April-Oct

170

102

102'A

11

99%

102%

2'A

2

2'A

2'A

Navigation

3'/2s

April-Oct

1970

A

62%

70%

67%

78'A

75%

86

77%

76 %

77%

49

74%

79%

Y Central &

registered
Cent

&

ref

5s

1st

&

ref

5s

stamped

88%

Y

Lack

Y

88%

82

Series

B

Series

fixed

C

87%

93%

series

New
&

interest

Lighting Co 3%s

(P)

Co

68%

3

65%

77'A

77'A

3%s

debentures

First &

D

117'A

N

April-Oct
Mar-Sept

Corp

mtge

3'/8s
3 %s

3s

Div

1st

H 2003

ser

1980

4s

1955

99

Gas

3%s

Y Susquehanna
1st

3%s

89%

93

115

4

&

Norfolk &

'1027/a 103%
100% 102
89%

ApriZ-Oct
Mar-Sept

1984

89%

4s

—

*94

4

96

_

'

'

101% 101 ft
*

4

98

—

Feb-Aug

j.

88

68

104%

74

Jan-July

1994

2%s

95%

"l

68

101%

165%

94%

74%

10

73%

,

Gas

Pacific

60

61

16

58%

61

44%

47%

39

41

54%

*95'%

96%

93%

97%

102%

102%

103%

98%

102%

102

*100'A 101
*106'% 107'A

105%

*95

95%

92%

*98

99

97%
98%

102%

103% 103%

103%

106

104%

'

116%

*110

Mar-Sept
1974_Mar-Sepf

—

123

110

121% 121%

1996—April-Oct

110

104%

*104

104%

1973__May-Noo

104'A

103% 104%

33

103%

105%

May-Nop

3%s s f debs

101%

101% 1017A

20

101%

102%

111% 111%

3

105%

113%

1

102%

108 V*

1973

Ry—
Quar-Jan

1997

3s

lien

94%

108

105

1974

1997

4s

81

60

47%

Jan-July

1980
1980

Ry first gold 4s

debentures

lien

108

Quar-Jan

Jan

registered

2047

1

2047

Quar-Feb

77

77

*73%

Quar-Feb

—

108

77%

8

77%

67%

74%

104% 104%

71

10

7*%

98%

104%

2

103%

104%

104 % 105

11

104%

105%

103%

103% 104 »A

12

103%

106%

93%

98%

1

93%

99%

93

97%

Northern

improve 4%s

trust

States

4%s

A

ser

1975

Mar-Sept
2%s

mortgage

First

mortgage

2%s

First

mortgage

3s

1974—Feb-Aug
April-Oct

1975

1978

—Jan-July
Feb-Aug
...June-Dec

1979

First mortgage 3'As 1982
(Wisconsin) first mortgage 2%s
First

«+—

105% 105%

-•

105%

Power Co—

first

(Minnesota)

91%

mortgage

3s

1977J—ApriZ-Oct

2%s 1984

1974

Mar-Sept

98

97

97

*96

98

*11

—

98%

MM*t

—

Mar-Sept
June-Dec

1979

Northwestern Bell Telephone

*92%
—

86%

86%

—

1

103% 104%
91

98 Yt

86%

86%

102

97%
102

102%

103%

62

101%

*__

102'A 102 %

104%

105

101
*

Feb-Aug

1

6%
3%
99%

Refunding & improve 5s series C 2047—Jan-July
Refunding & improve 5s series D 2047—Jan-July

102%

>

68

5%
1%
94%

2047—Jan-July

105%

101%

68

102%

Collateral

101%

82%

99%

Jan-July

general & ref 5s

Natural

Refunding &

101%

100

....

54%

1

Jan-Jnlv

refunding 4%s series A

registered

3s

98

&

General

90

91%

89%

105%

461

Jan-July

1963

4s

Western

f

Northern

119

102%

--

68

102

& Western RR—

mtge

Central

s

Prior

96%

——

77'A

Niagara Mohawk Power Corp—

103

96

—

66%

67

April-Oct

1977

1963

cons

78

103%

99

97%

May-Nov
1979—May-Noo

mtge 2%s

1982

mtge

&

first

First mortgage 2%s

gold

Atl Knox & Cincinnati

Louisville Gas & Elec
1st

72'A

100
.

436

102

mortgage 3%s series E 1978—Feb-Aug
Refunding mortgage 3s series F 1981
Jan-July
Ref mtge 3%s series G 1984
Jan-July

72%

'103'A 104

April-Oct

3%s

second

1st

63%

101

85%

77%

75%

97%

Electric

Term

65%

1

117% 117%
*93%

1976.June-Dec

mtge 3%s ser F 2003
ApriZ-Oct
refund mtge 2%s ser G 2003—__April-Oct
Div

91%

82%

*96%

2%s

RR—

First & refund mtge

..St Louis

77%

15

78

80

1

84

Light first mtge 2%s 1975__Mar-Sept
gtd 4s 1993

86

2

78

TOO

refund

First &

73

1

91%

May -Nov

1978

Louisville & Nashville

78

90%

76%

_

18

State

3'As

56%

70

80

104

Stpam

General

80%

70

91%

84%

6'A

Y

Northern

70

86

,,

3%

Y

69

—

98%

1
„

3%

April-Oct

68%

1

96%
92

96

6'A

1983

Jan-July

27

101

95

90%

June-Dec

1955

Y & Putnam first consol

88

—

94

84

—

1973—_—.——Jan-July

A

1983

93%

1963

ser

debentures

3s

series

3'As

83%

63%

64

Port Chester—

&

4'As

3'As

86

86%

66%

58%

84%

4

91%

*79 (A

67%

A

ser

mortgage

2

June-Dec

1976

91%

mtge conv inc 4%s series A 2022—May

mortgage

59

1.

*90

_May-Nov

mortgage

8

63

__

67

65

■

April-Oct
Feb-Aug

85

*84

—

*96

mortgage

92

fixed

13

91

76%

4s

75%

58%

57%

20

96

mortgage 2%s

May-Nov

2003

64

96

66

45

54

65%

*99% 100%
96

2007—Jan-July

River

65%

RR—

refunding mtge 4s

mtge

70%

76'A

wA.-

*87

—May-Nov

Hartford

*63

—

Jan-July

1973
&

64%

64%

—Jan-July

1973

A

*62 %

May-Nov

2043———:

series

64%

64%

April-Oct

General

85

91

4s

3s debentures

B

Haven

Northern

Little Miami general 4s series 1962
SALombard Electric 7s series A 1952

Long Island

Feb-Aug

General

91

Feb-Aug

fixed interest 2003
May-Nov
interest 2003
May-Nov
contingent interest 2003
May
ASeries E 4'/2s contingent interest 2003
May
ASeries F 5s contingent interest 2003
May
Lehigh Valley Terminal Ry 5s ext 1979
April-Oct
Lexington & Eastern Ry first 5s 1965
April-Oct

Lorillard

Feb-Aug
1998_Feb-Aug

65

54

"50%

4'/2s

5s

ASeries D

3%s

N

84%

92

92

-55

Feb-Aug

mortgage 4'/2s extended to 1974—
Lehigh Valley RR gen consol mtge bds—
4s

gold

Feb-Aug

General

1974

1st

A

series B

West 4s

&

Y Power &

90%

83%

Feb-Aug

:

Lehigh Valley Harbor Term Ry—
1st mortgage 5s extended to 1984
Lehigh Valley Railway Co (N Y.) —

Series

collateral

*71

Jan-July
1998.

1998

General

1964

stamped

Jan-July

Connecting RR 2%s series B 1975
Y & Harlem gold 3%s 2000
Mortgage 4s series A 2043

AGeneral

Lehigh Valley Coal Co—•
1st

Hudson River RR—

Refunding

92

100%

168

Lakefront Dock & RR Terminal—

Lehigh Coal &

94%

95

1998

A

mtge ser A 2004
Jan-July
AGeneral mortgage 4%s series A 2019—Jan-July
N Y Telephone 2%s series D 1982
Jan-July
85

98%

19

123

1st

1st rwtge sink fund 3% ser A 1968
June-Dec
Lake Shore & Mich South gold 3'/2s 1997—June-Dec
3'/2s registered 1997
i.
—June-Dec

99%
100

92%

152

series

tAN Y Ontario & West ref 4s June 1992—Mar-Sept

3%

Mar-Sept

161%

94%

1

69%

1st
*__

102

99'A 100

——

97 %

84

1st

Jan-July

Kings County Elec Lt & Power 6s 1997
Koppers Co 1st mtge 3s 1964.
XAKreuger & Toll 5s certificates 1959

99%

99%

94%

77

N

58

100%

100%

51

,

N

*100'A

97%

*99

98%

63%

N

Jan-July

100%

—

97%

98%

83%

First

99%
116

116

*102%

—

103%

76

AGeneral

103'A

98%

85%
97

103%

68'A

Harlem

105'A

Hi#ft

83%

106%

N

99%

105

*114

Jan-July

1961

90

*97

105'A

Ry 2%s 1974—
—April-Oct
Kentucky Central 1st mtge 4s 1987—
—Jan-July
Kentucky & Indiana Terminal 4'As 1961—Jan-July
Stamped

84

*86%

June-Dec

1st mortgage 2%s 1980—
June-Dec
Kansas City Southern Ry 4s ser A 1975
April-Oct
1st mortgage 3%s series B 1968
—-June-Dec
Kansas City Terminal

—

99

April-Oct

96%

76 %

4%s

mtge 4s

■

Feb-Aug

4s

Mortgage 4s

K
Kansas

1M

*103%

mmrnm

April-Oct

;

Y

N

Kanawha

81%

'

97

98%

Refunding mortgage 3'As series E 1980_June-Dec
First mortgage 3s series F 1986—
-April-Oct

96%

92%

21

95

*96%

1954

A

3%s registered 1998
New York Chicago & St Louis—

103%

94%

95

Jan. 1
Low

4

'

Feb-Aug

;

1956

D

5'As series

Michigan

N

Jersey Central Power & Light

series

York Central RR Co—

3%s

N

Jamestown Franklin

*

85%

April-Oct
Feb-Aug

General mortgage 3%s 1997
3%s registered 1997
Lake Shore collateral gold 3%s

:
*„

Range Sine*

Refunding & impt 4%s series A 2013—April-Oct
Refunding & impt 5s series C 2013
April-Oct

114'A

*84%

Mar-Sept

1978—

1980

4%s

AFirst

122%

Co—

33As

1st mortgage

5s

Line Co—

Pipe

debentures

Interstate

1st

1956

New

81%

61

May -Nov

1954

5s

AFirst

102%

104%

3%s 1977

series B

AFirst 5s series C

101%

104

*103

Terminal

85%

.*•M—

Nr

JNew Orleans Texas & Mexico Ry—

92

92

„

New

International Minerals & Chemical Corp—
Inter Rys Central America

first 4s 1986—Feb-Aug
Jersey Power & Light 3s 1974
Mar-Sept
Orleans Great Nor 5s A 1983
Jan-July

Consolidated

1952——

§ A Adjustment 6s series A July

89%

113 A 114

114

Mar-Sept

105

123

132% 133
*88%

103

104

*97% ioo
133

1986_June-Dec

1st mortgage 3.20s series I 1982.
flnternational Great Northern RR—

102%

—

*103% 104

Jan-July

Indianapolis Union Ry Co—
.' Refunding and imp 2%s series C
Inland Steel

*102%

May-ZVoo
4s series A 1970
6s 1948_____

Ry

Corp

New Jersey Junction RR gtd

Sold

-H

High
New

__May-Noo

1955

Steel

Low

—

1955—„———

Terminal

§AIlseder

(Continued)

RR

Refunding 4s
Refunding 5s

NO.

High

Bond*

-

-

Low

103%

Ohio

first

Edison

mortgage

3s

102

102

102

10

98

102%

15

95

99%

■

First

M
Macy

(R H)

& Co 2%s

debentures

Manati Sugar 4s sinking fund Feb
Manila RR (Southern

1972
1

3'As

f

s

McKesson

debentures
&

4s 1959
debentures 1972

2%s

1978

Robbins

May-Nov

1973

1

mortgage 2%s 1980
Feb-Aug
Michigan Bell Telephone Co 3'/8s 1988
April-Oct
Michigan Central RR 4»/2s series C 1979
Jan-July
Michigan Cons Gas first mtge 3'/2s 1969—Mar-Sept

fund

1969

1969

Minnesota Mining & Mfg 2%s 1967
St Paul & Saulte St Marie-

Jan-July

mortgage 4'/2s

AGeneral

Missouri

inc series

mortgage

Kansas &

4s

inc

Texas

A

105

A

ser

first

4s

Jan

1990

1971

'100%
102%

lien

5s

series

1962

A

48'A

40-year 4s series B
Prior

lien

ACum

4»/2s

1962

series

adjustment

D

5s

1978

A

ser

1967

AFirst

refunding 5s series A 1965
Feb-Aug
1975
Mar-Sept
refunding 5s series F 1977—Mar-Sept
AFirst and refunding 5s series G
1978—May-Nov
§AConvertible gold 5'/2s series A 1949
May-Nov
AFirst

and

refund

gold 5s H

mtge

3'As

debentures

84'A

48'A

49

98%

2s/8s

2

51
5

80

47'A
90

103%

94'A

98%

95

1

89'/a

2

75

112% 112'A

11

104'A

Pacific

91%

104%

113%

112'A

112'A 112%

32

89

87%

96

104'A

113%

79%

94%
113%

112%

112

112%

82

104%

113%

67%

6

63%

67%

Mar -Sept

67%

Feb-Aug
May-Nov

*98

97

1955—May-No»
May-Nou

61%

62

May-Nov

101% 101%
'101% 101%
91%
91%

21

100

3

60'A

63%

101%

102 y4

100%

'100% 102%

1955

100

99

*99%
62

101%

88%
97%

9 3'/a

100

Tel

National
3s

Dairy

debentures

3'As

Products

B

2%s

debs

June-Dec
jvu*-Dec

National

3s
3s

New

&

guaranteed

debentures

debentures

Tel

4'/2s

series

footnotes

April-Oct

98

101%

6

101%

103%

24

99%

104 %

*98

i«iay-Nov

B

1961

_May-Nov

*97%

100

97%

104

series

108

Jan-July

W

97

93%

97%

101

I

103

debentures
debentures

1981

debentures

Pacific

Western

Oil

Mar-Sepf

& Illinois 1st s f gold 4%s 1955__Jan-JuZy
Pennsylvania-Central Airlines 3%s 1960_April-Ocf
Pennsylvania Power & Light 3s 1975
April-Ocf
A

108

108'A

sinking fund 4%s 1960

General

4%s

General

5s

General

4 (As

series

series

Feb-Aug

*—

102%

101%

102% 102 %

"I

102%

16

967/a

102%

95%

17

92%

97%

1

94%

103%

97
99

98%

104%

96

103%

101%

96%

100%

102%

99%
*104% 105

106%

100%

102%

100% inns/,

13

94%

13

92%

97%

1

94%

99%

98%

103%

94%
97-/8

*102

103

104%
101% 101%

101%
11

*105'A 106

106% 106%

106%

*59%

—

*100V2 101
95

95

95

99%

96%

105

104%

104%
11
__

__

10

100%

100

100%

17

107%

107% 107%

9

106 %

106

108

99

100%
90%
96

99%
100 V*
96

106%

101%
109% '

June-Dec

1968

series D 1981

101%

101 y8101%

80

100%

105% *>

104%

104% 105y*

35

103

109% '

ApriZ-Oct

mortgage

4 (As

E

1984

Jan-July

94'A

General

mortgage

3%s series F

1985

Jan-July

93%

.

series

__

94 »A

31

91%

93%

94 %

General

94%t

21

91%

99% (

77%

86% 1

*

*78

81%

—

99%

Peoples Gas Light & Coke Co—
&

ref

mtge

Eastern

&

4s

3%s

first

April

ser

H

1981

*103%

June-Dec

—

__

103%

95

94%

95

26

90

59%

59%

59%

9

53

101

101%

6

95%

Feb-Aug

external

4s

109

109

2

108%

Jan-July

*102

103

1960—ApriZ-Oct

1990

Ry 3%s series D 1980

April
Mar-Sept

101

104%
95% f
60

102

Philadelphia Baltimore & Wash RR Co—
General

5s

General

gold

series

4%s

B

1974

series

C

1977

112%

101

106%

96

IOO %

Philadelphia Electric Co—
First

June-Dec

98%

May -Nov
May-Noo

100%

1974
1981

June-Dec

&

refunding 2%s

1971

&

refunding
refunding
refunding
refunding
refunding

2%s
2%s

2%s

1967

&
&

109

First

&

102

First

&

102

1st

&

ref

mtge

3%s

1983

May-Nov

99 %

104%

1st

&

ref

mtge

3(As

1983

June-Dec

106

96%

June-Dec

1965

A

B

98%

41

13

103

RR—

Consolidated

First

98%

102%

99%

102

100'A 100%

100'A

Paducah

Pennsylvania

99

97%

1964—June-Dec

3%s debentures

13

95

Mar-Sept
May-Nov

1984

103%

99%

99%

*102

1985—June-Dec

1983

3%s
4s

101

June-Dec

1984

102%
6
14

101 'A 101 %

April-Ocf
April-Ocf
Mar-Sept

2%s

1978

Feb-Aug

3 (As

1982

1

98%

21

100'A 101'A

40

98%

,

99%

98%

101%

*98
....

.Jan-July

page 27.




32

103

99% 101

97%

—

*99% 101

Mar-Sept
1988

2

101% 102%

June-Dec

1987

3 %s

First

*102'A 102%

April-Ocf

1974

102

99%

First

1982

see

95%

102'A 102%

Co-

Jersey Bell Telephone 3 (As
For

100

87

102% 102%
102%

Supply 2%s debentures 1967—June-Dec

England Tel

First

1974

93

*99

1970—June-Dec

1976

.Natl Distillers Prods 3%s s f debs
National Steel Corp 1st 3'As 1982
New

*8^

Feb-Aug

1970

dentures

102

102%

June-Dec

1978

Pere Marquette

1986

June-Dec

June-Dec
June-Dec
1982—June-Dec

& Tel- 2%s debentures

AIncome

Nashville Chattanooga & St Louis-

3%s

debentures

First

mortgage 3s series

102

June-Dec
June-Dec

refunding 3s series S 1983
June-Dec
refunding 2%s series T 1976
June-Dec
refunding mtge 3%s ser U 1985.June-Dec

3'As

Peoria

N
First

96

*102% 104%
102

June-Dec

1966

1971
1974

2%s debentures 1986

104%

95

95

3%s series I

3s series J 1970

refunding 3%s series R

3 %s debentures

112%

127

112'A 112%

96

refunding

1st & ref M

85%

112%

&

First &

95

84

104%

1978—

First

99

100%

&

First &

56

9

1986—

First

87

83%

ApriZ-Oct

Tel

May-Nov
Mar-Sept

I960—April-bet

First & refunding 3s series-M 1979
First & refunding 3s series N 1977
First & refunding 2%s series P 1981
First & refunding 2%s series Q 1980

100

90

June-Dec

1982

First & refunding 3s series K
First & refunding 3s series L

102 5/«

98%

1981—Feb-Aug

4J/2s series B
&

101

89

Construction mortgage 5s series A
Construction

Mountain States Tel

12

112% 113

gtd 3'/2s 2000

1980

3%s

First & refunding

10" IX.

112%

Monongahela Ry 3'As series B 1966.
Morrell (John) & Co 3s debentures 1958

2%s

mortgage

97

93%

Pacific Gas & Electric Co—

96%

^.April-Oct

1980

AFirst and refunding 5s series I
Mohawk & Malone first gtd 4s 1991

Morris & Essex first

106%

85

and

4s

mortgage

First

96

99%

June-Dec

i

First

102%

100%

*98% 100

ApriZ-Oct

AFirst and

99%

95

__

^Missouri Pacific RR Co—
AGeneral

1979

Feb-Aug

1975

Oregon-Washington RR 3s series A

104%

102%

103'A 103%

Jan-July

Jan

3s

mortgage

First &

97

98%

June-Dec

Jan-July
Jan-July

"

May-Nov

Electric 2%s

*__

103%

97%

105%

102% 102%

84'A

Missouri-Kansas-Texas RR—
Prior

102%

&

93 (A

99%

104%

99%

*99

May

1991—May

105

*95

April-Oct
Jan

96%

94%

103%

100'A 101

Mar-Sept
1967-

60

101

99%
'102

Minn

First

II

85

First

Gas

April-Oct

2%s 1975
2%s 1980

*95

Mar-Sept

debentures

'

—

First

sinking

—

Mar-Sept

Corp first mortgage 3s 1966—i
June-Dec
Metropolitan Edison first mtge 2%s 1974—May-Nov

3%s

—

80%
60

"1

*94

100

92%

84%

*64'A

Jan-July

Mead

First mortgage 2%s
First mortgage 3%s

95%

84%

May-Nov
Feb-Aug

3'/2s debs

Oklahoma

*98%

1957—May-Nov

Lines)

May Dept Stores
-

mortgage

First mortgage

99

95%

99%

*97%

98

94

99%

99%

5

——

103%

*105%

IOO
105

105%

—

103% 103%

98

97%

103%

*103% 104'A
20

108

103%

104%

Volume

Number 5341

180

(179)

The Commercial and Financial Chronicle

.

.

.

NEW YORK BOND RECORD
FOR WEEK

RANGE

Friday
BONDS

Interest

Last

Period

New York Stock Kiihaifi

8ale Price

Petroleum

3.70s

2%s

deb

conv

debentures

1964—_Feb-Aug

1983
f

s

debs

1972

1113A

111

June-Dec

guaranteed 4s ser G 1957—May-Nov
Consolidated guaranteed 4s ser H
I960—_Feb-Aug
Consolidated guaranteed 4%s ser I
1963—Feb-Aug
Consolidated guaranteed 4%s ser J

*103%

__

108

mortgage 5s series B

mortgage 3%s series E 1975
&

Chem

1975

mtge

37/as

A

Swift & Co.

102%
102%

104%
109

Refund

and

impt M

108%

108%

Refund

and

impt 2%s

—

104

104y2

12

104

Terminal

103% 104%

25

103%

108%

15

81%

84

83 %

84

*97% 100
*101%

_

*1021/4

general

5s

series

B

1962—

general

5s

series

C

1974-

101%

general 4%s series D 1977
Plantation Pipe Line 2%s 1970
Potomac Elec Power 1st
mtge 3 Vis 1977
First mortgage 3s 1983
Terminal

Public Service
3s

4s

debentures

106

Mar-Sept
Feb-Aug

100

*__

First

1st

and

of

5s 2000
3%s ser E

1972

~4

100

98

3s
—

■

1st

100%

99%

__

200
100

*98%

99%

97

102%
3

104'% 1041/4

(subord)

Union Tank Car

1972

1964

'100

—Jan-July

—

debs

f

85%

97%

10

97%

97%

mtge

Rubber

-May-Nou

-May-Nov

120'A

120 'A 120%

6

106 %

131

3%s

._Feb-Aug
■April-Oct

120 y2

119% 120'%

5

106 %

130

Vandalia

119'%

119'% 120

107

130

Consol

123'A

14

152

Vanadium

Electric Corp—

General mortgage 4%s series D
General mortgage 3y4S series J

1977___ .Mar-Sept
1969
.Mar-Sept

"l

102

St

Lawrence
Second

Adirond'k

&

gold

ft 0 M

98%

1st

gold

5s

Francisco

,

2022

Paul & Duluth first

May

1st

mtge

37/8s

f

s

3s

series

Nov

*114%

1989_Jan-July

subord

B

1980

t§ASilesian-Amer
Sinclair

Oil

6%s

Corp coll trust

7s

1983—

conv

2%s

Oil

1976_

gtd

fund

debentures

Gas

First

4'%s

(Oregon

Gold

41%S

Wabash

95%

118

•

175

First

96%

43

97

104%

93

98

139

62%

20

49%

237

96%

110%

98%

101

95%

3

95%

11
—

62%

4s

95'A

*97%

98%

*72%

series B

97'A

150

Lines)

_May-Nov
—May-Nov

San Fran Term

1st mtge

ser

First

mortgage 2%s series E 1986

Jan-July

First

mortgage 2%s series F

106%

103%

36

105% 106 %

32

103

106%

23

102'%

106%

96%

99%

1

84%

93

11

79%

88%

*96%

—

__

91'A

Joint

3%s

Southwestern

Northeastern

&

Tel

3'/as debentures

ASpokane

2%s

130%
102%

Products

Standard

Oil

(Indiana)

Standard

Oil

(N

J)

debentures

115'A 117%

4'%s

gold
3y8s

35

*98%
95'A

99%

„

.

—

103%

107%

*100% 102

100%

101

*101

101

101

108

106% 107%

107

June-Dec

*11

101

96

101

*__

99%

94

96%

*96%

97%

*103% 104%

100%

105%

*103%

101%
105

105%
106%

102

104

*106%

—

—

>

2

103% 103%

941/2

99

103 y4

102%

102%

*83

86%

27

95

*__

April
1991—April
Feb-Nov

85

3%s

70

first

Co

&

S

Central RR

3s

4s

mtge

103%

series

4s

4

104%

66%

21

61%

66

64%

64%

*S7

—

65

10

104%

104%

106%

96%

94%

105

102%

100

'

*95%
*97%

116% 116%

i,

__

.

66%

102'A
'

—

103% 103%

103%

—»

94

'

98%

--

2

98%

94%

123

106

90

2

90

96'A

102

101% 101'%

1

98%

102

103'A 103%

42

90

90

♦101

103'A

.

7

100% 100%
*103

--

Co—

A

11
■'

,

107
,

59%

44

65

103% 103 7/a
*105%

Jan-July

103

101%

105% 105%

Jan-July

mtge 4%s inc ser A

105%

—

7

Jan-July
Mar-Sept
Mar-Sept
Jan-July
May-Nob
April-Oct

2004
Jan 1 2029
Wisconsin Electric Power 2%s 1976
First mortgage 27/8s 1979
Wisconsin Public Service 3'As 1971
1st

103%

6
—

Jan-July

1958
1960

59%

—

Mar-Sept

1

first

72%
115

55%

——

100% 101

Mar-Sept

mortgage

62%

*87%

66

99%

68
103

103% 104'A

Co—

1965
B

3

381

*95

Jan-July
Jan-July
A 1969—April-Ocf
May-Nov
1981

70%
103 %

*59

103%

y4

82

95%

2

97%

97%

83

77%

103

103

conv

3%s ser A

Telegraph

78
1

81%

81%

guaranteed 2361

Union

Gen

130%

101%

May
June-Dec
Mar-Sept
Jan-July

54

84%

84

84

—Jan-July

70%

—

102%
106

87%

80%

11

70%
95

*94

103%

95%

100%
103

.

*103% 104

64%

73%

--

90 %

95

:'

104

100

106%
108

110%

117%

106

106'A

April-Oct

108%

92%

Electric

Yonkers

Light & Power 2%s

92%

1976_Jan-July

2

92%

92%

92%

1

87%

110

493

103%

67%

18

102%

94

4

94'A

44

99% 100

included in the year's range,
d Ex-interest . e Odd-lot sale
Included in the year's range,
n Under-the-rule sale not Included in the year's range,
r Casn sale
not included in the year's range,
y Ex-coupon.
§Negotiability impaired by maturity.
nn
nt
tCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77 01
the Bankruptcy Act, or securities assumed by such companies.
♦Friday's bid and asked prices; no sales being transacted during currpnt week.
a

9b

100%

70

94

108

100

Jan-July

/

3

93'A

93%

debentures 2%s 1971—May-Nov
1974

95%

70

June-Dec

1982

—

'101% 103%

April

2013

1967

conv

96%

;■.

—

not

1985

debs

5s conv

——

105%
106%

109

'107% 107%

May-Nov

first

Coil

27

122

4s

3'As debentures

97%

94%
14

102% 102%
'106

May-Nov
April-Oct

1983

Internal

Standard

87

130% 130'A

105'A

104%

.

97

3'As

debentures

Pacific RR Co

Wilson

RR—

1977

Bell

87

*86

s

Orleans

91'A

86

87

,

103%

*1051/4

2%s ser G

registered

Wisconsin

Jan-July
First mortgage 2'As series G 1961
Jan-July
Southern Ry first consol gold 5s 1994——Jan-July
Devel and general 4s series A 1956
April-Oct
Devel and general 6s series A 1956
Aprii-Oct
Devel and general 6%s series A 1956
April-Oct
Memphis Div first gold 5s 1996
Jan-July

first

Winston-Salem

Pacific RR Co—

1996

105 %

*99'A

A 1980
Electric Corp 2%s 1971
Westphalia United Elec Power Corp—
§ A 1st mortgage 6s ser A 1953
Wheeling & Lake Erie RR 2%s A 1992
Wheeling Steel 3'As series C 1970
First mortgage 3'As series D 1967_

115%

105% 106

A '75—June-Dec

3%s

103%

1959—Mar-Sept

Westinghouse

72%

109

105% 106'A

105'%
106 '/a
106

Mar-Sept

1977

A

105%

5

106%
94%

30-year 5s 1960
4%s debentures series

99 V4

70

74%

104%

*103% 104%

3s series F 1978—Mar-Sept

Corp

Western

97%

—

97%

96%

_3

96

3'As series B 1971

conv

Western

102%

92%

—

112'/4 114

113%

1973_June-Dec

conv

97%

13

95%

~

—

104 % 104'/a

105%

1955—Feb-Aug
1957
May-Nov

2361--.
Maryland Ry 1st 4s ser
1st mtge 4'As series B 1976

| 118

17

101% 102

102

99

IO51/2 105%

series A

4s

Western

96%

91%
112

Co

Petroleum

Shore

West

101%

62%
101

—Jan-July

1994
4%s

101

917/s

106'/a 106%

106%

—

*97%

1976—May-Nov
1966—ApriZ-Oct
Warren RR first ref gtd gold 3'As 2000—Feb-Aug
Washington Terminal 2%s series A 1970
Feb-Aug
Westchester Lighting, gen mtge 3'As 1967—Jan-July
General mortgage 3s guaranteed 1979
May-Nov
West Penn Electric 3'As
1974—:
May-Nov
West Penn Power 3'As series I 1966
Jan-July

97%

125

Jan-July

Co

■'

100%

*139

*102%

income series A Jan 1981

mortgage

Walworth

99
103

96

96

5

100 %

*100

95%

mtge income 4'As series B Jan

Gen

118

123%

100

95%

106%

RR Co—

Gen mtge 4s

99%

95%

92%

97

*96%

Jan-July

1981

2%s

109%
100

Co—

1969

4'%s

New

101%

Co—

Gold

Southern

2

18

Feb-Aug

Ry 2%s

Natural
Pacific

1

99%

April-Oct

1987_

Indiana

Southern

18

91%

104%
97'/2

105'A 105'A

86%

10

w

118

107

__

*100% 102%

June-Dec

gtd 5s 1963

Ala RR

Southern

90

118

95%

Jan-July
Jan-July

Bell Telephone & Telegraph
debentures 1979

2%s

86%

94%

175

*qc;

April-Oct
Mar-Sept
1941—Feb-Aug

1951__~:

2%s debentures 1985
Southern

104%

174

April-Oct

Southern
3s

100%

118

118

Mar-Sept
June-Dec

1966

Skelly Oil 2'As debentures 1965
South & North

83

100

99%

June-Dec

Corp 3y»s

Socony-Vacuum

80%

♦100

May-Nov

1977

1974

Halske

&

—

17

100%

95

70

89

*92%

1969

debentures

RR consol

sinking

Warren

Service Pipe Line 3.20s s f debs 1982
Shell Union Oil 2%s debentures 1971
§ A Siemens

104%

109% 109%

109%

cons

& Sons 2%s

debentures

3s

80

RR Co—

debentures

Seagram (Jos E)

89%

89%

gold 4s 1968—June-Dec
St Paul Union Depot 3%s B 1971
April-Oct
Scioto V & New England 1st gtd 4s 1989—May-Nov
Scott Paper 3s conv debs 1977
Mar-Sept
Line

104%

104'%

May-Nov

Second 4s inc bond certificates

Air

71

11

*83

Jan-July

St Louis-Southwestern Ry—
First 4s bond certificates 1989

Seaboard

1

80

37

83-

1979—June-Dec
First and ref mtge 2%s ser H 1980
Mar-Sept
1st mortgage & refund 3%s ser I 1981— June-Dec
1st & ref mtge 3'As ser J 1982
April-Oct
Virginia & Southwest first gtd 5s 2003
Jan-JuZy
First consolidated 5s
1958
April-Oct
Virginian Ry 3s series B 1995
May-Nov
First lien and ref mtge 3'As ser C 1973—April-Oct

Ry Co—

1st mortgage 4s series A 1997
.
ASecond mtge inc 4%s series A Jan

St

80

104%

2,073

100%

of America—

Corp

conv

First and refund mtge

97%

95

*97

Mar-Sept
1996_jan-July
April-Oct

1996

6s

St Louis-San

1971

110 %

100

ApriZ-Oct

debentures

First and refund mtge

A

107

Virginia Electric & Power Co—
First and refund mtge 2%s ser E 1975—Mar-Sept

11

102

100%
122 %

90

.

3%s

105

9 6'A

101%

1950

mtge 6s 1955

1967

Pictures

Universal

1952

152

103%

—.

94%

debentures 1976

2%s

debentures

6s

'134

99»A

*__

debs 1972

f

s

& coll

98 %

97'%

*98 '/a 100

Jan-July
Jan-July
Feb-Aug
—Apr-Oct
April-Oct
May-Nov

1970

mtge & coll trust 3%s

7s

1953

2% s

of America

2%s

101%

99%

*97

ApriZ-Oct
1966—ApriZ-Oct
Mar-Sept

1971
trust 3'As 1972
3%s sinking fund debentures 1973

87

81%

5

86

1973

3%s debentures 1977
United Gas Corp.

MO 0 *

97%

—

*103%

89

99

941/4

*97%

109%

107

103%

106

*105

Feb-Aug

4'As s

United Biscuit Co

105%

mtge

Saguenay Power 3s series

98

98
—

*101

June-Dec
May-Nov
June-Dec
May-Nov

1976

debentures

mtge

&

317/a
100%

95

*98%

Refunding mortgage 2%s series C 1991—Mar-Sept

105

100%

debs

conv

2%s

100%

*104

1983—April-Oct

3%s

§ A Direct

Gas

72%

15"%

Union Pacific RR—

102%

1

218

*100

-

218

101%

218

218

135%

§ADirect

Rochester

54%

369

*100

May-Nov

3%s 1971

2%s debs 1970

of California

Union Oil

103

105%

131

—

100%
103

13

102%

*135%

Reading Co first & ref 3%s series D 1995_ -May-Nov
Reynolds (R J) Tobacco 3s debs 1973
.April-Oct
Rhine-Westphalia Elec Power Corp—

AConsol

88

31"%

30

31%

101

95

72%

70'A

72%

Mar-Sept

1982

3'As

mtge

2%s

6s

105%

*101% 102'%

June-Dec

mtge & coll tr 2%s 1980—

1st

U S

mtge

130%

101%

105%

*105

and coll trust 2%s 1975—April-Oct
debentures 1968
:
May-Nov

4%s

§ AConsol

122

u

99%

*1041/4

June-Dec

debentures

101

92

130'/a 130 %

130 %

First mortgage

1st

2%s

101%

94

*100'/a 100%

1985—Jan-July

2%s debs 1961

Union Electric Co of Missouri

100

102

May-Noo

refunding mortgage 3'As

Oats

99%
104%

*99% 101%

1970—ApriZ-Oct
1990—April-Oct
June-Dec

1974

3%s

1st

Quaker

51

102% 102 %

Pacific—

Orleans

New

96

95

*100'A 101

Mar-Sept

1963

3%s debentures

RR

Tri-Continental Corp

Co—

refunding mortgage 3Vis 1968—Jan-July
refunding mortgage 5s 2037
Jan-July
and refunding
mortgage 8s 2037—June-Dec
and refunding
mortgage 3s 1972—May-Nov
and refunding
mortgage 2%s 1979_June-Dec

First

107

106%

—

104%

and

First

:

97'%

*__

Jan-July

1956

*__

First and
First

M

—

May-Nov

Electric & Gas

gold

and refund

Pacific-Missouri

Texas

series C

3%s

M

first

Pacific

&

General

Term

June-Dec

mortgage 27/8s 1984

Providence

refund M 3'As series B
refund

Texas

103

101 %

and

and

JAThird Ave Ry first refunding 4s 1960
Jan-July
AAdjustment income 5s Jan 1960
April-Oct
Tol & Ohio Cent ref and impt 3%s I960—June-Dec

Feb-Aug

119%

94%
101'A

98%

*98

102%

May-Nov

June-Dec

First

First

series D 1985

First

100%

99%

__

98

101

111

*119% 123

Jan-July
April-Oct

4s series C 2019

First

88

96%

.(
__

__

95

95

94%
100%

98%
101

*__

of St Louis—

RR Assn

3s debentures 1965
Texas & New Orleans RR—

107%

April-Oct

High

104%

104

Pittsburgh Youngstown & Ashtabula Ry—
First

1973

108

Low

104'A

__

*97%

Jan-July
May-Nov

2%s debentures 1972

2

Jan. 1

NO.

Jan-July

27/8s debentures 1966

Corp.

Range Mines

gold

High

*104'A

Mar-Sept

1973

debs

5

—

108

Mar-Sept

First

Oil

2%s debentures

97

104 %

_April-Oct

1984

Sunray

103%

104 %

1st

series

115

93%

3%s

Chemical

Texas Corp

mtge 3%s 1964—..May-Nov
Pittsburgh Consolidation Coal 3%s 1965__Jan-July
Pittsburgh Plate Glass 3s debs 1967
ApriZ-Oct
Pittsburgh & West Virginia Ry Co
1st

Stauffer

107%

.

*108

Pittsburgh Cine Chicago & St. Louis RR—
General mortgage 5s series A 1970
June-Dec

102%

Bonds

Friday's

or

Bid & Asked

High

100
7

Bale Price

Low

98%

276

104

104

1964_Afai/-Nov

General

96 %

Last

Period

New York Stock Exchange

Low

3

112

96'/2

Consolidated

General

No.

*101'A 102 Vi

Pittsbgh Bessemer & Lake Erie 27/8s 1996__June-Dec
Pittsburgh Cincinnati Chic & St Louis Ry—-

Pittsb Coke

Jan. I

High

Interest

BONDS

Range Slnw

Sold

100% 100%

June-Dec

Pillsbury Mills, Inc 3%s

Week's Range

Friday
Bonds

Friday's

or

Bid A Asked
Low

Phillips

ENDED JULY 9

Weert ku(i

72

95%

ABonds

100%

95'A

sale

not

.

97%
111

91

delivery

Deferred

selling

flat.

AMERICAN STOCK EXCHANGE
WEEKLY

AND

RECORD

YEARLY

furnish a complete report of the transactions on the American Stock Exchange for the week beginning Tuesday,
July 6, .1954 (Monday, July 5 being a Holiday on the Exchange), and ending Friday, July 9, 1954.
Jt is compiled from a report of the American Stock Ex¬
change itself and is intended to include every security whether stock or bond in which any dealings have occurred during the year.
In

the following

extensive list

we

RANGE

FOR

WEEK

ENDED

JULY 9
1

Week's

Friday
STOCKS

Last

American Stock Exchange

Sale Price
Par

ACF-Brill Motors
Acme

Aluminum

Acme

Wire

Adams
Aero

Co

Hat

Supply

Aeroquip

common

of Prices
Low

-

Inc

Manufacturing

Corporation

Shares

A

400

28'A

250

3'A

300

28

10

3 % Mar
27

2%

Mar

Jan

2%

2%

__1

3%

3%

3%

1,700

2% Mar

1

6%

6

6%

3,300

x5% May

1

Agnew Surpass Shoe Stores

5

30

Apr
May

Manufacturing common

4

Jun

Alabama

Great Southern..

6"% Mar

Alabama

Power

Air Associates

For

Inc

(N J)

footnotes see page 31.




1

1*2

'/8

8%
12

'/a

8%
13 Vs

1,000
400

7%
7%

Jan
Jan

10%

Feb

13% May

Airlines

4.20%

preferred

Algemene Kunstzijde Unie N
Amer

dep rets Amer shares

A

A

A

22%

237u

50
100

100
5

100

4%

29 /8

1

High

Feb

13%

10%

Jan

15% May

3,300

%

Jun

II
24 %

Jun

Jan
Jun

16%

Jan

107%

3,800

Jan

121

July

Jan

103

Apr

75

96%

5'A

13,000

3%

29 /2

1,000

100

V

29 h

t.ow

9%

200

13
14

23%

1

Inc—.

Range Since Jan.

1,200

2

Corp

Alabama

Shares

h>oti

50c

Ajax Petroleums Ltd
Gas

14

for Week

Range

12%
13%

13

1

Inc

Jun

Alaska

8%

3

Air-Way Electric Appliance
Airlleets

3"%

*

Ainsworth

A Jan
4%

Sales

Week's

of Prices
Low

Par

High

% May

1,100

Sale Price

American Stock Exchange

Range since Jan 1
T.mr

4'A

Last

STOCKS

Hit}*

A

A
1

Friday

Sales

for Week

4%

warrants

Alloys

Stores

Range

Jan '

24% Feb

5'A

Jan

30 % July

27

The Commercial and Financial Chronicle

28

.

.

.

Monday, July 12, 1954

(180)

AMERICAN STOCK EXCHANGE
RANGE

American Stock Exchange

10c

Engineering Co

American

Alles

Pictures

Artists

Allied

1

(Mich)

3%

Altes Brewing Co
Co of America—

2,Y
2 'a
7%
4

—

30
4'/a

common

1

Shares

600

3%

2J/4
7%
3%

-

—

__1
stock—1
5

Corp

Allied Internat'l Investing cap

Allied,Products

2%

1

Airlines Inc

Fisher common

&

.

2,4

2,4

Alleghany Corp warrants——_—

Allegheny

3%

3%

Friday

30%
4'/a

Range Since Jan. 1
High
Low
1%

2% Mar

Jan
Jan

2%

Feb

2(4 Mar

2%

Jan

100

7(4

2,500

lli

7% Mar

Feb

3,000

27%

33

Feb

96

Goods Manufacturing

*

96'/a
23%

23(4

Industries

•

10

10

cumulative

$3.75

Ambrook

Industries

American

common—

25c

Inc

Air Filter 5%

§American
American

100

preferred

pfd

conv

1

July

Book

American

Hard Rubber Co.—.

Laundry

American

Co

—...

Manufacturing Co com

American

Maracaibo

American

Meter

American

Natural

12(4

11%

12(4

—20
25

22%

22(4
20%
5%
29

5%
29%

Seal-Kap

29

56
12(4

Writing Paper common..—5
Amurex Oil Development class A...,—5

15
10
2%

!
common

Thread 5%

preferred

__

American

20c

Anacon Lead Mines Ltd

2

Anchor Post Products

125

3,600

54%
12(4
4
15
9%
2%
9

9

56
12%
4%
15%
10
212
9

dep rets reg
Anglo-Lautaro Nitrate Corp—

.2.40

shares

Jun

Jan

Jan

1(4

Feb

J
45 %

7%

July
12% July

59

Jan

Jan

23%

Apr

Jun

25%

Feb

4%

6(4 May

Jan

Jun

29%

25% Mar

Conv

preferred

3.50%

Jan

9(4

Jun

14%

16,000

2\l

Feb

400

7%

Jan

12

Central Power & Light

Cessna

Jan

Camberlin

9% Jun

4 %

Malr

3%

__

Jan

12(4

__

20

40

6%

Jun

4(4 Jun

7.700

15%
8%

Aircraft

Charis

500

45
14%

100

45

14%

2.50

25

24%

19%

Jun

12(4

Jun
Mar

1(4

Jan

4%

400

3

3

14%

200

14%

4%

4%

3

3

4!?,

4%

5

7%

7%

7%

5

14%

1,900

6%

Jan

16% Mar

Jun

4(4

Feb

4(4

Jun

3

100

x3(4

% May

% May
4% July

Jan

6

Apr

3

May

3%

Jan

10,300

3%

Jan

5%

Anr

1,000

3%

2,500

/

7% July

Jan

28%

2>

125

26%

Jan

29%

30%

29%

30%

750

23%

Jan

30% July

77%

90

72%

Jan

79(4 Mar

■

—

Jan

6%

Rivet

L

D

(The)

Jun

Corp

10%

23,300

jf

5%

Jan

6%

6

150

4%

Apr

6

(4

6

1

7,000

%

Jun

lii

Jan

5

1,200

11%

11%

400

9%

Jan

12(4

Jun

73

600

67%

Jan

73

Jun

""%

""%

"%

1,000

18%

17%

18%

1,700

23%

23%

200

26%

-■

Jan

% Mar

17%

Jun

19%

22

Apr

24

7%

41

38% July

"9%

~9%

"9%

1,600

9

Feb

1

16%

14%

16%

3,500

12

Jan

6%

6%

4(4

5

,

7%

Apr

___50
_*

Feb-

Feb
Apr
Jan

9% May ;
16% July

5

1

5%

600

14,100

Feb

7(4

Jun

4

Jan

5%

Feb

10(4 May

1

5

Co

Feb

%

22% July

5
1

Inc

July

71 %

11%
—

_r—.5

Claude

Feb

5%

5%

_

.

—1

Co

Hosiery

May

9

Jan

10% July

1

Feb

Neon

94% May

7%

Jan

Controller Co——
Clarostat
Manufacturing
Co

Claussner

8% Mar

Jan

87

6%

convertible preferred

4%%

200

9%

10%

10

Cable

&

Wire

175

8%

6% Mar

1,000

Jan

Machine—__4

&

8%

6%
93%

9%

Ltd

Consolidated Mining

Chief

Clark

Jan

115

36%

iClark

17%

4%

3

1
2.50

Feb

51

May
14(4 Mar

111%

Apr

Jan

common
Co

Oil

Chicago

Jun

23

Jun

45

4%

__

Cherry-Burrell common
5
Chesebrough Manufacturing common.10

Jan

117

%

Feb

City Auto Stamping
City Specialty Stores Inc common

Jan

Jan
Jan

80(4
110

8%

common

Circle

Jan

100

4,700

36(4

America

of

Co

Corp

Co

Jan

Mar

113

—•
1Q% ?o%

275

%

Feb

Apr

2

109%

Jan

104

10

Jan

12%

7,500
11,800

102

14

May

—10

Feb

17% July

7% July

8(4

Jan

9(4
105

7%

Feb

93

14%

—

50

I

Equipment Corp.._

12

*

Light $7 pfd—
Armstrong Rubber Co class A
4%% convertible preferred

12(4

_*

Power &

Co

600

Jun

37

Jan

23

Jan

2%

77

Convertible

Feb

3

7

93%

Investors Inc...
preference

400

300
800

77%

Electric Co common

2,700

7%

7%

—100

Century

Apr
15% July

11

1
4% pfd—100

...

Century

4%

700

Ohio Steel Products——,

Central

13(4 Mar

Jan

Apr

22%

11%

Central Maine Power Co—

May

4

25(4 May

550

11%

ft

series——*
series—.—*

$1.50
$1.40

preference
preference

Conv

58 %

10% May

Jan

25

111% 112%

.1

Corp.....

Secur

Illinois

Central

Jan

"

11%

5%

24%

104

1
1
•—1

.__.

Mar

100

107
17%
x21(4

Co

&

Mj

Corp of America
Corporation
Central Explorers Ltd—

37

900

150

common

Jan

48

High

Jun

6,900

1

Cenco

19

500

7%

2s 6d
1
—*
10

Catalin

1%

1,900

5

Fuel Oil Corp
Gas

(A

(J

33(4

6(4
4%
4%
10% 10%
106% 107
16% 17%
21(4 21%

5

Argus Cameras Inc

Arkansas

__

pfd__100
1

Appalachian Elec Power 4(4%

Louisiana

Products

Castle

20% Mar

1,300

35%

6%

—

_1
—1

Apex-Electric Manufacturing Co

Aro

35(4

£1

*

Angostura-Wupperman

Arkansas

Carter
Casco

Jan

850

1,400

7%

dep rets B ord
Wi
Co common

Jan

Jan

Range Since Jan. 1
Low

5%

Ltd—

Jan

900

5,300

7%

pfd

$5

Light

&

5%

% May

23

400

11%

common

11%

Apr

.19.50
1

American

Charter

American

Arkansas

23%

4%

5

24%

2.50
*
*

Shares

High

5%

§Carr-Consolidated Biscuit Co

Jan

9(4

11,600

Anglo-Iranian Oil Co Ltd—

"A"

22(4 Mar

33

10
2
5

American

20%

Apr

pfd—25

6%

Republics

American

5%

*

Gas Co

American

20%

_1

Co

99%

300

22(4

Co

Jan

200

59

57

59

—.25

Machine

92(4

950

10%
5%
*%

Co

Power

Low

5%

Co—

&

Carreras

1%

1

100

American

7/a

l'/a

Carolina

4 %

800

96%
23(4

—

—

—

1

.1

Beverage< common—

American

5%

—-

—15

Bantam Car Co class A

Carnation

Jan

3

Aluminum

Aluminum

Feb

Apr

2%

2% Mar
450

Carman

of Prices

1

Capital City Products common
Capital Transit Co—
—.
Carey Baxter & Kennedy Inc

Jan

6

3% May

Par

Ltd vtc

Canso Oil Producers

Sales
foi Week

Range

Sale Price

Exchange

American Stock

Week's

Last

STOCKS

900

4,500

—

30
3%

Aluminum

WEEK ENDED JULY I)

for Week

High

Low»

Par
All

Range
of Prices

Last
Sale Price

STOCKS

FOR

Sales

Week's

Friday

12%

Jan

Jan

10%

Jun

Jan

33% Apr

Associate Electric Industries—
American

dep rets reg—__

Associated

Laundries

Associated
CI

A

Tel

July

Jun

1

Jan

1%

Feb

div

paid on
Dec 22 '53)__«

on

Atlantic

Coast Fisheries

Atlantic

Coast Line

Atlas Corp

600

1 (4

7%

Clinchfield

1

Co

50

_

—

118%

1(4
115(4 119%

700

1%

Feb

1% May

750

85%

Jan

10%
8%

75,800

5%

Jan

119% July
10% July

9

8%

8(4

_1
:1

Voting Machine
Ayshire Collieries Corp common..

1%

—

1%

2%
11%
15%

2%
12(4
16

—

.1

Non-voting non-cum preferred—
Automatic

*

16

.3

Feb

95

Jan

350

9%

warrants

Atlas Plywood Corp
______
Automatic Steel Products Inc

80%

94
1(4

91(4

94

3,000
.

100

9%

1(4

Jun

Jan

2%

7% May

Apr

1,100

2%

Jan

3% May

600

10%

Jan

12(4 July

900

14% Mar

Mar

16

Coal

Corp

Caribbean

Coastal

Oils

Co..J..

Colon

Sand

Colonial
Colts

Farm

Airlines

Colonial

Vtc

Class

Baker-Raulang Comany

3(g

10(4

11(4

13%

1

4A

10%

1

Baldwin Rubber

common

Baldwin Securities Corp
Banco de

13%

14%

400

3%

7,800

shares

S)

Beckman

Shoe

1

&

Watch

Co

6% Jan

9

May

(4

1%

700

10

1%

2,000
500

1

13%

13(4

20 %

20

20%

1,800

6%

6%

6%

4514

44%

4fi%

1.8^9

1

9%

9%

9%

600

Benson & Hedges common

1

Birdsboro

Inc

common

Steel Fdry & Mach Co

Black Starr & Gorham

Blauner's

(S)

(H C)

10%

10%

350

18

18

18%

2,700

Co

Jun

Works Inc

Breeze

Corp

American

Oil

British

American

dep rets

!

32%

33%

94

93%

94

Jan

Crown

Feb

Crystal

10

9%

Jan

33(4 July

$6

Jan

96(4 May
4% Feb

100

2%

Apr

Feb

2(4

Jan

Curtis

7,400
1,300

5%
24%
23

25%

26%

American

dep

rets

British Columbia Power
Brown

Company

25
100

4%

Forman

3%

1% May
x6%
4(4

Jan

Rubber

Bruce

(E

L)

1

*

1.

23% Mar

Daltch

21

Jan

27(4 May

60c

Feb

5 % Mar

5%

Jan

Jan

4% May

4,500

Jan

23% May

8%

Jan

14

May

Detroit

Gasket

89%

Jan

105

Gray

Day Mines Inc
Dayton Rubber Co

250

Stores

Dennison

Detroit

Apr

Detroit

Hardware

Jan

Detroit

Steel

7%

1,800

14%

15%

1,800

11

Jan

16%

Jun

14%

400

11%

Feb

14%

Apr

Distillers

21(4

24%

8,300

20%

Jan

24% July

8%

8%

200

6(4

Jan

9%

Jun

9%

9%

100

8%

Jan

9%

Jun

6%

7% July

Jan

50c

__

__10
9

10%

10%

10%

1,100

8

Jan

11%

Jun

2.50

preferred

Bunker Hill & Sullivan^

13%

13%

14

1,400

11

Mar

15(4

Jun

Mines Ltd—

Mfg

3s 6d

Burry Biscuit Corp

%

ft

%

3,100

12 %c

ord shares

3%

3(4

3%

1,300

%

2%

Jan

ft Jan
4% Mar

Jan

dep

Calamba

Sugar

10c

common

Estate

Calgary & Edmonton Corp Ltd
Consol

Camden

Fire

Oil

&

Gas

Bread Co

Canada

Cement Co Ltd

900

Domestic

Corp

Bridge

Dominion

Steel

Dominion

common

Ltd

Co

Coal ord stock

&

Textile

Ltd

Co

Ltd

11%

10,600

10

4%

12,600

4

28%

27%

28%

150

3,200

13 %

11% July

Class

5|f Mar

Dunlop

Jun

Apr

'

28(4 July

Minerals

14.100

—

90

2,900

1%

Feb
Jun

3ft July
23%

31

4%




"4%

"5

5,900

2%

2%

213

900

1

1%

1%

1(4

5,800

Canso Natural Gas Ltd vtc
see

American

page 31.

(The)

1
*
10
*
1

Test

Apr

Duro

Apr

Duval

:—10c

Co

class B common

Corp common

Jan

14

10(4

—

854

8%

8%

1,300

7%

15%

400

17%

Jan

87%

87%

8.7%

5,400

73%

5'4

5%

200

8%

Jan

18%

n

Jun

10% July

Feb

19%

J

%

ft Jan
8%

Jun

Jun

19(4 July

4%

3% Mar

,

Jun

89 Vb May

Jan

6%

5(4 May

Jan
Jun

~1%

2

18%

19(4

154

9%

800

13

"2

800

19%

500

14%

Jan

19 % May

1%
18%

10

154

Feb

14%

12%

12(4

142

2%

Jan

Jan

Feb

24

Mar

Jan

163

May

9%

9%

9%

5,400

6%

9%

Jun

13% May

7%

7%

7%
13

500

12 (4

200

13

5%

6%

2,200

1%

1,500

1/a

■'

^

"4%
18

18

140

140

12%
2

2

Jan

23%

24

1%

x27(4

Jan

29%

Jun

300

4%

Apr

5%

Jan

16%

Jan

19%

8J

141

12%

133%

Feb

100

12%

Jan

100

1%

510

22 %

1,100

11%
1%

145

14%
2

Jan

12,900

2

11%

24%
24

1%

n%

Feb
Mar

,800

•

5

18%

Jan

Jun

Jun
Jun

Apr
Feb

2%

Jan

Apr

26%

1% May
x24

24%

Apr

6% Mar

5% July

1%

x6

Jan

27

Jun

2 % Mar

3

vrv2% Feb

May

'

11%
4

4%

fa

300

2,400

r

10%
4

5%

Jan

July
Jan

11%

Jan

6% Mar
7

Mar

18

18

200

16(4

Apr

18% May

12%

12%

400

10%

Feb

13 % May

7%

Jan

9(4

Feb

(4

8%

8%

1,700

6%

6(4

6%

500

6

Feb

7% Mar

5%

5

5%

3,100

5

July

7% Mar

8

25%

300

19%

Jan

62%

400

43

Jan

17%

17(4

25%

60

18%

1,100

9%

15% Mar

26

Apr
62% July
19% May

8%

Jan

9(4 Mar

36

100

33%

Jan

37% Mav

46%

46%

100

40%

Jan

46% July

10%

11%

23,200

9(4

Jan

11%

2%

—

6,400

35 34

Feb

3% May

Jan

3%

8%

8(4
36
■

Sulphur & Potash Co

10s
1
*
..1
*

11%

3%

"3%

1%

1,500

6 %

6%

"e%

700

3%

Apr

Jan

7% May

32(4

32

32%

1,100

9%

Jan

Jan

6%

Jun

5

25(4

Apr

33% Jun

61a Mar

Apr

29%

Jan

Apr
1% Apr

67%

Jun

2 ii

Jun

53%

E
Eastern Gas

& Fuel

4% Jun

6%

Feb

Malleable

Eastern

States

2% Jun

3,4 May

$7

1%

3

$6

Jun

Apr

Assn

common—10

100

prior preferred—

Eastern

~4(4

III_~I ~6c

i

Ltd—
dep rets ord reg

Durham Hosiery

15,600

1

300

14% July

Laboratories—

Bt

Duraloy

4%

2%

13,400

9%

Jan

7%

*

common

Feb

"2%

_

(Allen
A

Jun

313

67

"~%

"%
—

Rubber Co

3

100
_

Williston

DuMont

4(4 %

7% preferred
Canadian Marconi

footnotes

Jan
Feb

110%

1%

2%

1(5

9%

35

11

16%

*

Feb

312

66

200

■

—

Jun

Co

Power

Mar

"2%

1%

14%

27% May

Jan

30(4 Mar

50

Jan

j.—10

3

Industries Ltd—

For

Jan

23% Jan

29%

*

14%

20%

2,300

6

Co

Harris

92

2

10c

34

Feb

„*

Drilling & Exploration Co

—

vtcl.l

Dredge & Dock Co Ltd
Homestead Oils Ltd

Canadian

26%

34

12

Ltd

common

—

*

Canadian

Canadian

9%

11%

4%

common

Apr

Duke

11 Vb

20

Southern Petroleums Ltd
Atlantic Oil Co Ltd

2%

Jun

Corp

4 (4 Mar

11%

*

25%

34

*

Cement Co Inc..

3%

•

25%

Jan

May

Jun

common

Douglas Oil Company
Dow Brewery Ltd

Driver

4 %

common

6

5% May

Apr

—4s
1
2.50
1
—0

reg:

Ltd

Finance

Dominion

6(4 May

11%

5

Jun

ii

1

Corp

Exploration

3 (4 Mar

11(4

Ltd

Canners

2

*

Canadian

Canadian

12,200

5%

*

6(4% preference

Canadian

2%

5%

—III

Co

Insurance

Canada

Canada

2%

5%

—l

California Electric Power

Calvan

2%

50c

(new)

Jan

9

Jun

10

1

ord

rets

(The)

Draper

C
Cable Electric Products

7(4

5% Mar

22

25c

Ltd—-

Co

Diversey

B

Ltd

Oils

Dragon
C & C Super Corp

6% May

7,200

Jan

10

Dominion Tar & Chemical Co

American dep rets

800

8%

%

(_1
—1

Co

Products

Devoe & Raynolds class

Dome

A

Foundry—

Iron

Devon-Leduc

14

American

common

7%

8%

Jan

——100

May

15

23%

13% Mar

7%

-

8%

Manufacturing——1

&

18%

1,100

x50% May
15% May

class

common

52%

50

18%

7

Feb

12%

Jan

—10c
35
50c
.—5

Mfg class A common.

52%

—

10(4

12%

i5

1

debenture

8%

______

.

convertible

400

6%

17%

1

1,400

11%

2l%

18

—1
2.50

:

Inc

Brothers

51%

2.50

30 % May

*

Crystal Dairies Inc
Hosiery Mills

17%

*

preferred

102% 104

Feb

2.50
5

common

Davenport

52%

10

common

common

Budget Finance Plan

13%

Jan

1

4,2l j

22%

2u (4

24% July

Jan

1

Bruck Mills Ltd class B

Burma

104

12%

14% July

% May

6% Mar

Jan
Mar

21%

24

_*

Buckeye Pipe Line
7%

13

common

Lighting Inc common.
Manufacturing Co
(Mo)__;

18%

~5%

_*
25c
*
10
5

Sugar common.

Tobacco

3%

1 Sr*

Cn

—

—5

partic

...

Atlantic

5% Mar

I

*

common

junior preferred

Co

Co

preferred

Cuban

Dejay

Distillers

cumulative

Brown

5,100

10s

common

$5 convertible preference
$3 2nd preference
Brown

10s

ord reg

Apr

Apr

300

8'4

5%

(Md)
"A"

common

Refining

Oil

Curtis

9%

Co

Drug

Cuban

Jan

1%

23

26(4

Internat'l

2%

3 %

24%
•

Petroleum

Cork

88%

8%

5%

_

Cent

Crown

24(4

1%

8%

18(4 July

12 % Mar

(ord reg)„£1

receipts

dep

Crown

100

2(4

3%

__

-

Jan

13%

22(4

,

Petroleum

1,200

27/8

3%

American
Creole

150

33%

10s

Amer dep rets ord reg...
British Celanese Ltd—

Ltd—

Courtaulds

Davidson

bearer

ord

A

Jun

Tobacco—

Amer

1
—*

common

class

4% Mar

Jan
Jan

6% May

*

Co

Reynolds

18%

10

8 % May

*

British

*

:
&

9% Jun

1

100

*
common

—:

5

100

*

common

Bridgeport G'as Light Co
Brillo Manufacturing Co

*
*
5c

'

7%

*

*

Crowley Milner & Co

1%

20c

Brazilian Traction Light & Pwr ord

Co__l

Gold Mines

preferred

8% Mar

1

Feb

7%

1

Brad Foote Gear

$1

300

9%

9%

1

non-voting...

Corroon

19% May

Ltd—

Inc

Coro

1,400

7,600

.

July

16,300

10,100

Corp

15

Jan

15

22

14%

Apr

■

Bourjois Inc

B

Cornucopia

9 (4

12%

18%

11

1%

5

—

Class

A

12% May

21%

13%

45

7%

prior cumulative preferred—100

Scrymser Co.

Class

500

18

Co

Varnish

Distillery
voting

(H)

4% July

10% Mar

7,200

14%

Corp

Feb

Feb

3%

13(4

11% Mar

1.(4

_*

common

45% July

Paint

Corby

Var

13%

Jan

22

10% Apr

*

common

6% July

Jan

9(4

Apr

21% May

Feb

.3

Co

&

5% May
17

13% Jan

4

*

common

Blumenthal

10%

com.*

class A

Apr

40%

Feb

1% Mar

Jun

4%

Feb

11%

37% July

4

Bickford's

10%

Jan

13%

13,200

25

Inc

13%

1

1%
5(4

1

1

Inc

common..

Bell Telephone of Canada common

5(4%

Foundry & Machine

Cook

May

1

Corp

Instruments

Bellanca Aircraft

Borne

Continental

211 Mar
6%

5

4%

11%

1.25

Car-Na

1% July

4%

Engineering__l

&

Commercial

2% Jan

Mar

18%

Inc

Lines

Continental

200

9%

Aviation

Continental

6,800

ft

Air

Continental

7% Mar

12,400

2

Continental

3% Mar

Jan

10

11%

.u.u—*
10

6

Jan

5%

9%

50c

common

Feb

Jun

31

2,600

4%

*

3% July

5%

1%

_5

1
;

Beau-Brummell Ties

Bohack

Apr

100

12

Ll

Liquidating
Consolidated Mining <x om.it
Consolidated Royalty Oil.

2% May

5

Light & Power Ltd.....*

Bearings Inc

Benrus

13

15%

8(4 May

11%

Feb

5%

2ft

50c

Tr

Barium Steel Corp.
Basic Refractories Inc

(A

5%

Jan

6

Ltd

Oil

Barcelona

Beck

3(4

3%

lc

800

3%

los Andes—

American

Banff

3,800

313

1

A

37

11%

Jan

5

May

37

__50c

Corp.

Consolidated

Bailey & Selburn Oil & Gas—

44(4 May

'

1

Utilities

Gas

11%

—.1

Engineering

Colsolidated

Feb

11%

1

1956

Consolidated

Feb

7%

—10

Service
Machinery—

to

ext

2%

1

_.

Co

Public

Shoe

Compo

26(4

44,300

II

Commodore Hotel Inc...

Community

400

~2%

10

Co

Stone

&

31(4

~2%

4

1

————

Manufacturing

31

*

Equipment Co
Development
ordinary—

Cockshutt

31

*
10c

vtc

8(4

"2%

20

common

Products

Aluminum

500

9%

9%

9 %

Manufacturing—4

& Lambert

Clayton
Club

arrear

& $41

'53

1

1%

•

Jan

Tel—

&

$43

(ex

£1

America

of

5(4

.25

Iron

1
*

Corp

preferred series A
preferred series B

—

*

8(4

8%

13,600

61%

62%

450

22%

8 %.

61%

24

30

10%

Jan

Jan

66 %

Feb

22% July

25%

8(4 July
60%

Feb

11(4 May

4,500

8

Jan

163

163

163

125

147

Jan

163

152%

149

152%

425

134

Jan

152% July

11%

'10(4

11%

May

!

Volume

Number 5341

180

.

The Commercial and Financial Chronicle

.

.

(181)

AMERICAN STOCK EXCHANGE
RANGE

Friday
STOCKS

Week's

Last

American ai-vcaExchange

*-

-

Par
Eastern Sugar

$2

of

Bond

Share

Manufacturing

Co

23%

Fire

18%

Feb

Jun

25

Feb

10%

Jun

13% Mar

19%

Jan

13 %

Jan

15

3

105

200

37%
4%

^

Flying

Jan

33

3%

Tiger

Motor

5%

Jun

•ft Jan
ft Jan

2,500

May

20%

1

Line

Motor

Co

American

Key Co

Jan

12,500

3A

1^
3%

53%

54%

1,150
21,300

3ft
54

3,700

lft

.

Pitt

Jun

Feb

4%

Jan

72%

3"%

Jan

10

10%

1,100

9%

Apr

11%

18%

19

2,400

17%

Jun

21

5%

Jan

5%

6%

i*

93%

6%

6%

6%

3,600

6%

92

94

3,400

Jun

7%

9ft

receipts bearer

8%

9%

5%

13%

*

25

Jan

4%

Kroy

Corp

L'Aiglon

—*

Jan

4%

6%

Feb

4,400

10%

Jan

15%

Jun

8,800

23% Jan

25%

Jun

4%

100

pfd A

5%

Corp

Plywood Corp common

6%

Adv

1%

Public

100

.-v.-.

•

Georgia Power $6

6%

6%

6%

9%

S%

27%

28

Yellowknife

Gold

Mines—

Alden

11%

11%

150

1%

1%

Globe

Union

(Adolf)

Godchaux
Class

Co

$4.50

Gorham

class A

Manufacturing

conv

Lakes

Hydraulics

Oil

&

Freehold

8%

Co

1,500

8%

8%

100

7%

300

11%

Jan

8

1,300

8%

__

Apr

10%

12

Jan

16% July

500

9% Mar

2%

2,700

2% May

10% May.
3% Jan

6%

19 %

Jan

6%

Apr

8%

3,500
200

6%

11%

Feb

19% Jun

4%

Jan

4% Apr
6% Feb

12%

9% May

500

a/4

800

48%

140

40 %

Jan

53

40%

50

32

Jan

49

79%
1%

79%

1

40

78

Jan

86

Chemical

__

1%
47 %

23%

14%

14%

800

2%

3%

Mead

7%
17%

180%

180

182%

600

164%

139

138

140

180

132

2

7,600

Jan

2

1%

—50c

17

16%

17%

1,300

16

Jun

6%

6%

4,000

6

Feb

6%

10%

-2
._5

—

—* ~

10

10 %

2,400

13%

13%

100

9%

Jun

13%

15

Jan

40

__

May

—1

—

2%

2%

900

5% bmr

Jan

4% Mar

$2

10%

300

2Va

2%

2%

800

13

13

May

14%

Jan

1
1
«
—*

67%

65 Va

67%

3,600

51%

Jan

75 Va

Apr

22%

22%

100

22 %

July

24%

Apr

11%

11%

11%

1,400

5

15 %

Miller

3% Mar

5

Co

Organ

Lithographing

Hazeltine

place

4%

Jan

1%

3,300

1 %

July

3%

3%

600

3%

Feb

Steel

.'..-100

Higbie Mfg Co common

convertible
&

Co

preferred—

Stores

Holophane

class

A

—2.50

—,_5

Inc

Co

100

15%

600

11

Jan

15% Jun

300

21%

Jan

25%

19%

100

15%

Feb

21 Va

Jun

33

Jan

34

Apr

22

Feb

29% May

28%

28

29%

250

31%

27

31%

4,400

21 Va

Jan

1,900

7%

Feb

9

79%

Horn

& Hardart

!

=.

(Harvey)

—*
—100

Inc common—.

5

Humble Oil & Refining capital stock
Hurd

Lock

&

Manufacturing Co

Hydro-Electric

18 % May

I'll/,

360

13 Va Mar

200

19 Vt

Jan

590

93%

Jan

101

Securities

!

*
5
*

23 %

Jan

14 %

Jan

21 %

102

Feb
Jun

900

11

Apr

14% July

6,200

19

Feb

28%

*

29%

29%

29%

Jan

29% July

commonJ

10

13

12%

13

19%

19

19%

—1

22%
11 Va

Jun

13% Mar

5,300

15%

Jan

19% July

2

2

2

Jun

2%

4%

4

4%

21,700

2%

Jan

4% July

1

Ltd

7'

6

7ft

24,100

5%

18 Va

18%

5,300

6%

6%

100

18 Va

25c

common

15

"57

common

1

common

preferred—1"

4,100

57

2%

12%

600

ft

300
—

20%

1,800

13%

Jan

11%

11%

2,100

11%

Jan

11%

75

11

24%

250

24

24

-

19

18%

18%

26%

25%

26%

1,000

2%

2%

2%

4%

4%

2 % Mar

3%

1,000

6"%

8% May

§Muntz

8%

Murray. Ohio

.

Jan

Apr

Jun

Jan

11%

500

10%

Jan

12%

Jun

2,400

12%

Jan

16%

Apr

3

Feb

2%

12%

12%

15

15

44%
140

45%
140

100
25

350
10

20%

xl9%

400

Jan

11%

Jan

15

July

Jan

46%

Jun

130

Apr

140%

Jun

18

Jan

21 % Mar
'

103%

20

29%
66%
3%

6,100

3%

63%
3%

400

2"%

Jun

4% Mar

5%

5%

5%

800

4%

Jan

5% July

12%

1,700

Mar

13% May

102

29"%

100

100%

Jan

106

24% Jan

30%

May
Apr

57

74 %

Apr

Jan

12

12

11

I
Zinc

Imperial

Co

common

*

.

Amer dep rets reg new
£1
Imperial Oil (Canada) capital stock—*

of

Canada

5

Imperial Tcb of Gt Brit & Ireland
Indianapolis Pwr & Light 4%
Insurance

Co

of

International

North

Machinery
Industries A

International

Metal

Petroleum

International

Products

International
Investors

Ironite

12%

Jan

18 Va

Apr

5%

—

33%

34%

6,200

9%

9%

3,800

Jun

28%

Jan

9% July

612 Mar
—

9o%

:

>

2~"»

98 %

97 %

99

1,200

91 %

Jan

5%

Nachman

Inc

Milling

page

31.




50c

10

—1

Bellas

National

Fuel

National

National

Presto

National

Radiator
Research

National

Rubber
Starch

2,900

250

Apr

103%

34%

Jan

5%

Jan

38%

Apr

Jun

x7%

Apr
4% July
3% July

Jan

Apr

105%

Apr

3% May

180

18

Jan

118

Feb

Jun

ft Mar

1%

Jan

25

Jun

28%

Jan

7

Jan

8% May

28% Mar

7%

7%

~5

"5

"5%

33 % May

15%

15

15%

1,300

4%

Jun

6%

Jan

300

14%

Mar

Nestle

Steel

Le

Haven Clock

&

27%

Jan

12

Feb

Apr
Mar

2,600

3%

Jan

4%

Feb

1,300

2%

Jun

3%

Feb

4%%
New

New

Min

Mexico

Park

&

Jan

1%

Jan

15%

Jan

"1%

7,300

Jun
Feb

700

8%

Jun

11

xll%

Jun

14% July

20%

Apr

17%

400

16%

Feb

16%

17%

2,200

15%

Jan

18% Mar

29

200

18%

Jan

29%

25%

Apr

27

2

1,700

17%

17%

Jan

3%

1% Mar

35%

2,300

"2 ft

19,300

24%

3%

1

~2%
125

~2%
123

2%

125

Apr

May
Feb

2 '/a

3

34%

100

Jun

2%

5,400

35%

40c

Jun
Jan

9%

1%

Ltd-

Apr

2%
20

13%

14%

30c

i_

Oil

1%

13% July

9'/a

10

1

Jan

Apr

Ml Jan

1,800

115 Va

Jan

May
35% Apr
4%

Feb

21? May
125

July

Co

Land

Co

6,100

2%

Apr

20

9%

8%

9%

4,550

7

Jan

9% July

50c

2%

2%

2%

82,900

1

Jan

3

41%

41%

42%

4,900

36%

Feb

44%

1

18%

18%

19%

12,000

11%

Jan

19% July

1

Watch Co

preferred
Chem

1%

1%

1%

10,600

1

90% Mar

New

Process

Jan

12%

Apr

New

York

Auction

Jun

6%

Feb

New

York

&, Honduras Rosario

10

4% Mar

New

Merchandise—

10

common

Co

common

3

3

% May
45

*

Jan

York

Jun

5%

12%

'.

1%

9Ye

Co

4,600
4,200

*

Tel

Arizona

Mining

2%
19

8.900

1

Zinc

Jersey

New

&

13 Va

25

convertible

Idria

Apr

6 Va

28%

1

common

New

34

Jan

10 Va

9%

1

common

Dominion

"11s

"1%
14'/a

10

Ltd

Mar

19%

100

16%

Jan

10% Mar

2

common

Co

12

12%

4

Inc

Corp

Car

Mur

Jan

4

1
25c

Machinery

&

4%

Mar

101% May
107% Mar

Jan

3%

2%

Products

British

3% Jan

7%

116

18%

Co

England Tel

300

Jan
Jan

14

115

2%

Industries

New

<*uJ

15% July
106

3% Ma y

18%

Ltd

Petroleum

New

4%

25

38

6%

—*

Mfg & Stores common—

National

Jun

^ 3%

38

~7%

common—1

Hess

Gas—

99%

4%

Apr

2%
172%

1

—

19 % Mar

3*}.8

104

98%
200

—10

Co

National

100

3%

4%

Jun

Dehydrating &

Jan

2%

__

30

"3%

900

Jan

2%

1

106

"3%

7%

83

84

106

B_100
100

1,700

Meter

3%

1

Jan

26%

common

Alfalfa

Neptune

8,200

700

95%

—

Corp

National

Jan

10%

11%

20

99% 100%

100%

26%

Namm-Loeser's Inc

8

22%

11%

47 Va

26%

Transit

2%

%

35% 'Jun

Jun

Co——-n—
_5
Ring common—2.50

31

11

Feb

37 Va

100

Union Electric Corp

3%

t c.—_*

30%

102

13,900

National

21%

100
v

Feb

1,000

4
2.50

Muter Company common

New

Manufacturing

31%

2,300

%

National

10c

Co

Feb

39%

50

%

National

10%

21%

Jan

10%

35%

1,000

%

19

—

5% Mar

35

15%
104

1

Jun

1

see

Piston
Co

Jun

30

— -

15%
104

1

Tel

&

36% May
11% Jun

Co—

preferred

footnotes

__

34%
__

*
5

|Air Chute

For

5

capital stock-*

_.

Resistance

Service

Fireman

Irving

450

*

Royalty

Public

3.90%

16%

£1

pfd—100

America—

Cigar

International

Iowa

16

Chemical Industries—

Imperial Tobacco

Muskegon
Muskogee

4%

37%

pfd—*
10c

—

Mfg

3

37%

100

preferred
Mills

Tel

National

5

preferred

Inc

TV

Feb
Jan

Jan

12% July

13% Mar

44%

States

Apr

2

Co—

Vernon-Woodberry

Mountain

7%
26%

35%

Products

cumulative

3%

Mt

National

Hygrade Food Products

Illinois

6%

8

16%

—

Corp
Metal

19

Jan

Jan

Apr
July

*

common

participation
of America

Investors
Plan

Clemens

Feb

25%

5Va

100

Apr

14

15%

Society com class A—*
Ward & Co class A_
*

Morris

Jun

13%

1

Service

Moody
Mt

3%

79% May
10% Jun

15%

65%

Montgomery

7%

Jan
Jan

11%

102

Loan

30

16%'

20%

4.50%

Feb

Jan

13%

200

2,950

6

1

8% May
Jun

20 Va

23% Mar

1,300

6

13% Feb

Apr

11

11%

Jan

50
*
100

pfd

cumul preferred series
preferred series C—

4.80%
Monroe

U

19'

--

Apr

6

Jan

7% Mar

—

Jan

3%

10% Mar

ft
19%

57 %

5% July

12%

Apr
Jan
Jan

7

55% May

20
100

50c

Light 5%

cumulative

3.500

70

&

19 Va

Apr

600

1

common—

Jan

6

5%

5

-p—*
—

15

3%

—50c

Co

8%

5%
12%

Jun

Jun

3%

*

shares

dividend

57

3%

1

1
2.50
—*
10
1

Mining Corp of Canada

4.40%

Jun

400
1,900

2

,-lc

vtc

Refineries

79%

79%

11%

*

Baking Co

Feb

Jun

8

——15

Co

common

preferred

Hubbell

8

*

&

A)

Hardart

4%

8%

9

3%

,

45% July

Jan

20%

20%

101

Jan

Jan
Jan

9% May

14 Va

26%

common—

Molybdenum Corp
Monongahela Power

10

31% July

13%

Corp

Missouri

2%

4% May

3% Mar

7%

9

24 Va

common

Public

Jun

25%

Petroleum

Pwr

12% May

24%

*
1

convertible preferred

%

10 V* Mar

19%

Ltd

—

Jan

Jan

200

19%

18%

4 %

13

Jan

3

Mar

5

Co

Piping

Minnesota

Jun

Jan

£1

Ltd—.

Corp

Jan

6%

1,200

1

Inc__.

(Geo

&

8%

'

56

11%

2

15

Inc

1%

2%

—

7%
11%

20%

101

——*

common

Horn

5%

26%

42%
—

10

Hollinger Consol Gold Mines

Horder's

2,500

—

1

Hormel

45%

7%

Jun

45% May

Jan

24%

1

4

May

1

common

—10c

Holly

1 %

3%

30% May
57% July

Jun

700

*

100

preferred-.

(R)

4%

1%

43%

*

—:

Products

Hoe

5%

1%

__

"common——Z—I——III_2

Henry Holt & Co

5%

5

700

1%

25c
common—

2% Mar

5

*

..

preferred

Hercules

Jan

52%

1

a

Co

5%%

22%

750

—

common———5

Rubinstein

Heller'

750

57%
1%

10c

Mining Co

Helena

400

27%

56

1%

—2

Co

Corp

Dept Stores

2%

26 %

—

25
—1

Brewing Co
Hastings Mfg CO—„——
Hathaway Bakeries Inc

2%

26 %
„

_1

Company
Light—

Apr
Feb

10%

41%

1
*
*

10

Corp

Co

Jun

44%

1

Co

Wohl

Jan

10

Abrasive

Midwest

1

1

Hone

Co

6%

10%

*

Co-

&

non-cum

Midvale

Feb

6

50

Marine

Co

Bumper

Mid-West

Jan

5% Mar

6%

Co—

Oil Corp $1 conv
Midland Steel Products—

Jan

3%
42%

4% May

6%

.1
1

Midland

Apr
40% May

Jun

35

200

200

...

Petroleum

States

Middle

Feb

36

Jun

18

July

2%
35

Feb

10% May

4%

Co

B)

Brothers

Micromatic

Jan

15% Mar

4%

Co

Michigan Sugar
Q% preferred

14%

1% Feb

Feb

3%

Co

& Co

Iron

Mid-West

Inc—

3%

300

A

Michigan Steel Tube-

7% Mar

9c

2%

8,80f>

4%

Participating preferred

19% Mar

1% May

7%

~4%

4%

8%

5%

Jan

Z;

Dredging

Textile

Michigan

182% July
140% Jun

Co-——1

Jan

_4%

4%

Shovel

Mfg

Michaels

3% May

Feb

(The

Petroleums

Metal

Jan

14

7

4%

common—,,

Johnson

Mesabi

Jun

Apr
2% July

5,600

400

4%

10

Co

Service

(AG)

Merrill

Jan

Jan

500

17%

2oc
1

Exploration

&

Mediterranean

26% Mar

6

10%

17%

Inc common-Aircraft Corp

McWilliams

Apr

Jan

21%'May

__

3%

*

McKee

Jun

Jan

24%

8,400

14%

Brewery—

class

International

McDonnell

Mar

Jan

10%

17%

,

Power

Menasco

%

10%;:

(J W)

Mays

1% Mar

36%

1%

700

1

Massey-Harris-Ferguson

Feb

a/4

5%

5
_5

Communication

Mar

40%

5

preferred

(The)

Stores

Marlon

Apr

19% May
% Mar

5%

5% Jun

2
2

Land

Public

Marconi

Jan

600

20 %

——10c

Harvard

Hecla

7% Jan

;

5,000

"

Hearn

Apr

2,200

Mapes Consolidated Mfg Co

Jan

24

10

20

;—5

Leases——

Electric

Havana

lft July

5%

-J*

Manischewitz

Jan

25

Tea—

Inc

Western

Lamp

Hartford

Jan

1 Va

6%

18%

Chain

Corp

Maine

Jan

8,600

1

100

Laboratories

Hammond

1%

lft
6%

.

5

B

Mangel

H
Hall

Jan

July

16 %

5

Mackintosh-Hemphill Co

Jan

9%

46%
__

pfd—25

Grocery Stores Products common

I

2,100

%
17

Jan

5

M '

13% Mar

350

23

50
4

Gypsum Lime & Alabastine

Iron

15

17

5%

10

Inc—„

Groceterias
Steel

Lynch

Apr

10

Jun

10

*

preferred

Greer

8%

2%

6%

Non-voting common stock-—

Great

1

100

24% Jun

17%

University

G)

2% Mar

Jun

——

Pacific

&

(R

Lunkenheimer

Jan

2%

%

Co

7%

Haelan

Feb

1

Realty common

Louisiana

Mar

107%

2%

20%

common

Industries Inc

Griesedireck

Jan

5%

Co

Lodge & Shipley (The) Co
Longines-Wittnauer W'atch

Jun

105%

1

I

Gridoll

Jan

-

1% Mar

1,000

%

Apr

*

?

1st

9

29

Apr

—*

Manufacturing

Atlantic

9% Mar

Jun

%

18%

preferred

conv

cumulative

Locke

6% May

Jan

Jan

2%

2%

6%

Mines

Manufacturing

Amer

5ft Mar
8%

102%

preferred————

Great

9%

1,900

1

common

Tourneau

Loblaw

118% Mar

22"%

——

Great

34Va Jan.

28%

—

July

-50c

Sessions

cum

5%

Mar

Jun

1

Rapids Varnish—

Gray

18

114%

5

Graham-Paige Motors 5%
Grand

2% July
Jun

3,300
110

ft

44

5
1

Ltd

11% Mar

——1

Consolidated

Goodman

42% Apr
3% Mar

10%

1 Va

1

Liberty Fabrics of N Y

105% May
1% Jan

*

Inc

Sugars

prior

Jan

2%

—

20c

—

Inc

Mines

Extension

Inc

Class

Jan

10

Inc

B

Goldfield

Jan

26

6,900

11%
22%

B

Le

Apr

Apr
May

——_*

ft

Coal

Salle

Lefcourt

Jun

2

1 %

*

ft—

Distilleries class

Gobel

1%

Jan

10

_1

common—

Co—

Glenmore

1%

50

1%

1%

,_1

Gladding McBean & Co
Glen

_Z-

&

5%

Feb

*

preferred-]

Corp__

C)

14 % May

34%

Jun

10%

■

2%

Corp of Delaware

La

13% July
5% July

% July
1% Jan

105

—

Jan

4

100

800

1%

__

1

preferred

(A

Jan

16

16%
'

33 %C

Lamson

Apr

6%

105

Corporation

Giant

Jan

10%

100

2%

17

5

—7.50

Jan

4,400

30

%

Jan

Apr

37% Apr,
14
Apr
9% Apr

7%

—

-r-

2%
105

30%

•15%

■

%

10

Lamson

•

Service

Stores

Gilchrist

10%

111

*

General
General

Gilbert

Jan

16

27%

50c

preferred
20
$6 preferred—»

Jan

800

1%

100

pfd__

-

3

300

1%

—

5

Outdoor

convertible

6,000

5 V2

1%

10

common

13%

__

£1

dep rets ord reg-—

Fireproofing

jGerity Mich

2%

11

——

Lakey Foundry & Machine—

Jan

Jan

4%

1%

..

•

General

$5

May

125

*

Co_

Apparel

Shore

Lear

12%.:*., r12%
5%
5

—25

lft July

4%

25%

com:—1

preferred

General

5%

May

400

41

29%

——

1

Rubber Co

Brewing

2 % Mar

26% Feb

350

«

8%

14%

2%
30
■

commons-....

Forge Co
Ltd-

2

100

44

13%

14%

1

Ltd

12%

8%
43%

—

50

Laclede-Christy Company

;;

4%

,

1

Supply Corp

4

2,000

10fi%

1

Electric Co Ltd—

American

Oils

Krueger

9% July

Jan

ft Jan

100

5%

100

—

Generol Finance

101,500

15

.

.

Alloys Co__—

General

(The)

Jan

Apr

4,300

24%

;'v,

...

common—

convertible

General

4

1

*5%

preferred—

General Builders

lft

4

5%

14%

common

General Acceptance
General

4

5

—

Co

Mfg Co

lft

—1.25

Co

Power

Warrants

(I B)

1%

Apr

106

*

1

Co

Jan
Jan

4,500

*

41

—

10

34

xl2%

12%
——,

.

—

Co

2Va

__

35

*

Emil)

Kropp

Jun

102

5
_

Knott Hotels Corp
Kobacker Stores

Lake

1%

1

Brewing

G
5%

(D

1%

15%

3,300

'

Products

Kleinert

Feb

65% Jan

35

preferred

Klein

Jan

Apr

103

2

—1

_*

Inc

M

Feb

1%

14%

.

lft

lft

2

100

pfd

common

G

4,500

__

1%

1

Corp

Kirkland Lake

May

71

reg_£l

Brewing Co

Gellman

High
4%

3% July

;

cumulative preferred

50c

Jan

5%

15c

K

1%

1 Va

900

Ltd—

(Geo A)

iGatineau

Low

3%

3%

1%
—

Kirby Petroleum

5% Mar

■"3ft July
43 %

19

*

deposit

(Peter)

^Fuller

Range Since Jan. 1

Shares

*

(Walter) & Co.—
Kings County Lighting common..

27% Apr
2% Jan

10%

_1

deposit receipts ord

American

Sales
lor Week

High

3%

10c

__

Kidde

Motor of France—

Fort
Fox

l,36

3,700

1

voting—

Ford

27%

_

Ltd

Motors

Kennedy's

Feb

of Canada—

Class

iFord

24%

1%

:1

Inc

Low

..1

common—

Kansas Gas & Electric 4%%
Kawneer Co.

Jun.

24%

Oils

Kaiser

Jun

lft Feb

2.50
.

non-voting

B

27%

Co

•

37% July

Jan

4%

16

.10

Inc

Class A

Glass

O'Mahoney xnc_
& Kokenge Co

Jupiter

8
Apr
23% Mar

Jan

2

7,200

200

Jerry
Julian

23% July

Jun

17%

200

ft
%

ft '

Jeannette

Mar

6

39,400

4%

%

*

(Phila)

.

of Prices

Jun

Jun

100

37%
__

25c
Ltd

Petroleums

Sterling

'Ford

■f

27

Kingston

Fitzsimmons Stores Ltd class A

i

18%

x2%

3

1

jFishman (M H) Co Inc_

r*

6%

__

Instrument

&

Association

Firth

•

300

—10

J Fargo Oils Ltd

1

Par

F
Camera

<Federated

''•#

49,100

14%

Jun

101

-

__

_*
common

■

fFairchild

•

23%

14%

—$1 or 25c

Warrants--

(Eureka Pipe Line

800

21%

6%

$2 convertible preferred—
1
Esquire Inc.——_
________—1
Eureka Corporation Ltd

10%

1

5

{

10%

__

—_10c

>

V;

High

21

5

common

Range

Sale Price

J
10%

*Equity Corp common—1

■\

Low

30

<fe

Week's

Last

American Stock Exchange

20

fElectrographic Corp common
1
Empire District Electric 5% pfd—100
(Empire Millwork Corp
1
tEmsco

STOCKS

Range Since Jan. 1

HigU

int—1

beneficial

preferred

Elecirtc

9

Friday

Shares

Low

(Easy Washing Machine class B
•

JULY

Associates—

shares

Common
*"

WEEK ENDED

for Week

of Prices

Sale Price

FOR

Sales

Range

9%

*

33%

33%

34%

3,050

20

7%

Jan

3%

2

52

Jan

10 %

Apr

34 Va

Feb

9

Feb

May
Jun

Jun

Jan

Jun

Jun

Apr

29

30

The Commercial and Financial Chronicle

(182)

.

.

Monday, July 12, 1954

.

AMERICAN STOCK EXCHANGE
FOR

RANGE

Last

STOCKS

Niagara Share
Nipissing
Noma

High

23

21%

23%

1,100

17

Jan

23

20%

20%

21 Va

0,400

16%

Jan

22% May

2%

2,200

1%

Jan

2 i2

Lites Inc

5% Jan

A

2

4%

4

2

_1
1

A

4%

11,000

3%

Apr

Is

%

A

2,800

%

Jan

1

i%

i%

700

1%

Jan

100

37%

Apr

Sentry

dep rets ord shares
Norden Laboratories Corp_
North

American

North

Canadian

North

Central

Rayon

Northeast
North

Oils Ltd

Texas

RR

Ind

42

preierred_50

Serv

4%%

3

A

Jun

4 %

Jun

preferred

1%

Jan
Feb

27%

Jun

Jan

4%

Jan

Shoe

Jun

91%

Apr

Sicks

95%

Jan

240

100% 101 %

pfd—100

101% Mar

Ogden Corp common..'
Ohio

Power

Okalia

4%s

Oils

common

preferred

Ltd—

cumulative

Oliver

United

Jun

Simplicity

Pattern

110

Feb

Simpson's

Ltd

1A July

525

73 % July

74 %

73'/2

75%

8%

8%

9%

600

6%

6%

2,100

«

clays B

19

—1

Inc

—

Securities—

—

46

Amer shares- 10s

Jan

6% July

May

20

Manufacturing Co—
Singer Manufacturing Co Ltd—
Amer dep
rets ord registered
Smith
(Howard)
Paper MLls
Singer

Jan

Corp
Manufacturing

Soss

3,300

16%

300

Jun

17%

Jan

South

Jan

46% July

South

13% Jan

16% July

Penn

Pacific

Gas & Electric 6%

common

1st

5%%. 1st preferred..
i"

5%

1st

.25

.

preferr.ed_iL.___

25

36

33%

1,900
-

500

„

,

5"k

'?

28%

28

28%

57c

28 3/8

28%

283/«

28

28%

900

105% 105%

120

redeemable 1st preferred
-—25
redeemable 1st pfd series A—
25
4.80% red 1st preferred
25
Pacific

Lighting $4.50 preferred

$4.40 dividend

$4.75

preferred

*

Northern

Airlines__

Petroleums Ltd

Pacific

Power

&

Pacific

Public

Service

$1.30

1st

Israel

Oil

Pantepec Oil

2

1,500

7%

8%

2%
8%

36,700

104

102

150

105 % Mar

Standard

Oil

Standard

Standard

Power

Common

&

Jan

2% Mar

2

Jun

2%

Jun

Jan

6%

Apr

56%

Jun

Standard

4%

Jan

Starrett

(The)
of

Parkersburg-Aetna Corp
Patchogue Plymouth Mills

*

Patican Co Ltd

6%

Pep Boys

Circle Corp
Phillips Packing Co
Phillips Screw Co
Pierce Governor common...

Ltd

Amer

1

._

shares—10s

Sterling

Brewers

Sterling

Engine

7,900

Jan

Apr

Sterling

39%

950

35% May

41%

Feb

Stetson

(J

4%

Jun

100

3,700

16%

100

5%

10.0

5%

Jun

6% Mar

Sun

4

800

3%

Jan

4% Mar

Sunrise

20

Mining Co

3 %

Jan

May

60

14%

20

Feb

25c

May

26

Jan

300

1%

Jan

~2%

Feb

2

Jan

3%

10

4,000

263/4

Jun

323/8 Mar

Jan

51

26% May
34% Jan

x41

Jun

38

Jun

Jun

Jun

28%

1,000

40%

100

38

37%

38

1.400

26%

26%

2 6 S/8

1,400

25%

Jan

27i/4 May

"5%

24%

Feb

"53/8

255/a Mar

500

5%

Jan

50%

52

32%

28 3/s

Jan

Jun
Feb

6 '/2 Mar

600

41 %

Jan

5

5%

400

4%

Jan

5'/2

Jan

4%

5%

4%

100

3%

Jan

53/4

Feb

43/4

1,700

54

Jun

4%

B)

(S)

Co

183/4

Jan

23

100

11%

Feb

14 y4 Mar

1%

1%

9,500

iy8

Feb

2% May
56>/2 Jun

1%

6%

1,300

41 y2

July

15

Jun

143/4

Jun

Feb

11'/a

Jun

700

7

4,800

4%

Jan

7'/4 May

5

100

4y2

Jan

5% Mar

5%

500

2%

Feb

38%

38%

1,000

3%

3 S/8

100

2 5/8

Jan

4

Jun

Feb

8

51/8

29% Mar

Jun

38 Va July

17%

17%

50

16%

Jan

18

13

13

13%

1,200

12%

Jun

15% Mar

9%

93/8

100

9»/4

Jan

9%

1%

1%

600

1%

Feb

2y8

Jan

2%

2%

25/8

600

2%

Apr

31/4

Jan

21%

18 %

22

325

20% Jan

Apr

22i/2

jun

Jan

20%

Apr

Jan

31

Jan

17% Mar

20

May

17%

18 3/4

3,300

30

303/4

100

18%

18 3/8

18%

200

4%

Jan

5%

11%

U%

12%

1,500

x9y8

Jan

14%

Jun

25

*

1

25%

200

20%

Feb

27'/2

Jun

3%

1,400

4%

Jun

15%

100

*

Inc

30'A July

5

1

Cement

25

Jan

11

9%
26

25c

Portland

Jan

5

5

common

Jan

16 lA
25

10,300

6%

22

Drug common
Supermarkets Corp

May

13 %• Feb

*

;

5% May

150

123/a

1

Ray

Superior

Jan

22

123/a

*

common

&

3y2

213/4

3%

3%

1

2% Mar

Feb

Jun

780

1,000

65%

Jan

19% July

Swan

20

6% Mar

8

2% May

3%

Jun

Talon

Jan

25%

21%

Jan

1,900

2%

Jan

Oil

15

15

Corp

15

17

Feb

9%

Feb

Jun

100
200

100

Finch

70% July

3%
3%

Jun

Jan

28%

46

1

Stroock

May

6%

3 %

3%

9'/4

403/4

10c

17

500

24

Jan

27%

~3%

Inc

(Hugo) Corp
Stop & Shop Inc

3

24

7%

41/a May
24

28

___*
5

Co

68% July

6%

10

Feb

200

5%

~5%

Stinnes

4 %

66 %

19%

53/4

9

Jan
Jun

273/4

1

Superior Tool & Die Co

3%

Apr

33/4

28%

1

Inc

12%

Jan

__

__

4%

8%

1

B

& Co common

5%

19%.

common

8%
55

8 % Mar

70%

200

1,700

10%

(A)

Jun

Feb

14%

70%

315
4%

24

Sterling Aluminum Products common_5

6

26 %

Jan

70'A

Jun

4%

103/4

Corp

Canada ordinary
Corporation

Feb

Pittsburgh & Lake Erie
—_50
Pittsburgh Metallurgical common__2.50
Pittsburgh Railways Co_
Pleasant Valley Wine Co_
_1

6%

May

3}$

*

Stein

.

29

213/4 May
353/4 Jan

iJan

Feb

3

10,100

13

Jun

1%

31%

Jan

333/4 May

Jan

6,800

Parts

5%

2%

33%

Feb-

4% May

Jan

47/s

143/4

Co

5%

"lli!

28

15 % Mar

xl4%

Steel

100

ljjl

1,100
9,300

143/4

Steel

800

2%

6%

21%

333/4

1

Corp

7%

l

_/

common

6 %

203/s

900

Mar

10

_1

Ltd—

Corp

32

6%
21%

30%

21

1,300

Jan

3% Mar

25

20% Mar

22%

4,100

29%

Co

class

5%

21

28

4%

223/4

Jan

3%

21%

July

_

493/4

Jan

5%

__

—

23

30

13%

16%

2.50
10c

Tube

14%

4%

3,800

24%

13%

2,700

May

181/4

27% May
28% May

50

600

64

(.5%

____*

B

39

Penn Water & Power Co„_—39'A

Perfect

class

Products

5%

5.%
14

(The I _____________________1
Pepperell Manufacturing Co (Mass)_„20

Standard

13%

7

2.50

___1

common.,

6%

36

Feb

50 Va

1,200

55

55

__

2

Co

4%
53

6%

l

____

106% Mar

Apr

10
1

—1

Light common

Standard-Thomson

Jan

3% Mar

18%

Jan

Jun

May

16

10
1

(Ky)

preferred

1%

18

102%

300

243/a

3%

Inc—.——1

Packaging Corp

Convertible

3,100

17%

Mines

Corp

Industries

8,500

17%

Jan

3% May

Inc

Class

class

B

A

Technicolor

Inc

5

_

11%

5

common

common.

Tampa Electric Co

10%

11

nil

common

550

10%

Jan

14%

Feb

10%

2,450

10%

Jan

13%

Feb

61%

100

52%

Feb

62

12

12%

11%

10%
61%

*

common

123/4

12,100

11% May

Jun

14%

Jan

'

Alexander common_____2.50

Corp of Canada

Pressed

Metals

Preston

East Dome Mines Ltd

of

America—

43

July

Thew

Shovel

Apr

113% May

463/B

500

40%

Jan

46% May

Thor

10%

11%

700

9%

Jan

11% July

Thorofare

123%

8

Apr

13%

5%
36

111%
"

1

12 5/0

11%

3 ii

3 A

4

1

1%

1%

1%

5,800

Prosperity Co class B_

«

11%

11%

20)

Providence

*

9%

9 %

1,100

100

1003/4

Gas

Jan

725

100

_1

Public Service

Power

43

%

Producers Corp of Nevada—.

.____

Texas

44%

46%

2.50

May

40%

43

*

common

7

6

100

Co__

Inc

Feb

6 %

__

*

common

preferred—

Lambert

Prentice-Hall

4%%

Standard

2%

17%

1st

12% Mar

1%

class A

90

18%

23%

1
20
.1

preferred

Forgings

1%

17%

Pratt &

convertible

2

2

6%

$1.60

1%

B_________

24%

12.50

common

Standard Dredging Corp common

2%

—2

Power

common
Co

lc

100

Powdrell &

Oil

vtc___2 Bol

7,400

Polaris

Jun

Feb

4%

94

233/4

convertible

Standard

73

5%

Scale

7%

Apr

Jan

A)

Jan

Mar

8y2

26% Mar

cumulative

Feb

2%

71

4%

Pneumatic

1% May

106% Mar

*

IC

74

18

preferred
25
preferred.———25
preference
25
4.48% convertible preference——_25
4.32% cumulative preferred
25
4.08% cumulative preferred
25
Southern
Pipe Line
1
Southland Royalty Co—
—5
Spencer Shoe Corp
1
Stahl-Meyer Inc
*

Jun

common

1,300

Jan

105% May
105

Jan

Jan

4%

Johnson

Jan
Jan

104

29

5

Aircraft

28% Mar

26%

4'A

Piper

Jan

Jan

__

Pioneer Gold

26 %

Jun

l

Pinchin

28% Mar

Feb

l

Corp

28% May

Jun

26 %

(C A) Amer .share

Traffic

Jun

27 %

20%

_1 Bol

Pennroad

27%

Feb

101 %

Motors Corp
Chemical Company

Penn

30 %

*

vtc

Co

33% July

Jan

100

Paramount

Class

Jan

pfd

Park

Parker Pen

Jan

30%

»

Pancoastal Petroleum
Pan

36% Mar

33%

common

preferred

Page-Hersey Tubes

22% May

98%

105%

1

Light 57»

Jan

97%

1

Pacific

400

*

dividend

Pacific

3,200
,

*

preferred

cum

—

13%

28

35%

L——

1,400

22%

33

35%

25

pfd

—

21%

22

5

533/4 July

original

4.56%

Co

Jan

Jan

A Mar
15

Southern California Edison—

Coast Corp

5%

Can

common

37%

4.88%

Pacific

40%

£1
_*
1
1
1

Sonotone

4%

5,000

•

105% 105%

*
1
—*
20

common

common

15

46%

16

16%

1

Jan

9%

3 % May

__

__

98

Feb

1,200

4'/8

l{g Mar

Jan

15% Mar

45 3/4

5/8

8%
6

650

20

3 %

——

1

—

O'okiep Copper Co Ltd
Overseas

51

Jan

7

_

Olympic Radio & Television Inc
Omar

Jan

105%

^1

preferred

Filters

Jan

44%

30

25

Okonite Company common
Old Town Corp common
40c

2%

325

400

10% July
17

Jan

4%

Publications—

preferred

convertible

2,900

1A

Jan

Jan

4%

1

common

3%

1A

53/4

9,100

*

of Canada__

50%

1A

6,200

8%
90

B
Co

$3

10%

7%

-2

'Class

Apr

9%

89

3%

90c

;

3%

105/b July

90

49%

—

—

100

_

200

53%

108% 108%

3%

50c

Brass Co class B

10%

49

Simmons-Boardman

Ohio

3% May
% Jan

15%

Oil & Gas Co class A—,—2

Silex

:

.3,100

8

class A__:
*
Breweries Ltd———*

Signal

%

10%

America

of

Corp

High

1,500

53%

Sherwin-Williams

3%

Low

3%

*
—25
———:———100

18%

Range Since Jan. 1

High.

3%

A

Shawinigan Water & Power..
Sherwin-Williams common

2% Mar

42%

3%

10%

Mining

700

4%

Shares

20c
*
5

Inc

common—

Denn

2,700

25

4%

50

.„_

eLather

28,000

3,V

24

~4 %

1

Pub

2%

k

3

5

Co

42

————1

Servomecnanisms

Shattuck

Feb

%

B_

common

class

87

25

Oil

Airlines

Penn

Northern

S3

Corp

Seton

Non-Pcrrous Metals Products Ltd—
American

for Week

Low

1
__10c

Corp

Safety

Serrick

Jun

Control

Radio

Sentinel

July

5

Mines

Par

High

Loir

*

_

Sales

Range

Last

Sale Frice

American stock Exchange

Range Since Jan. 1
1

Corp common

Pond

Week's

of Prices

Friday
STOCKS

Shares

of Prices
Low

Par

Niles-Bement

ENDED JULY 9

for Week

Range

Sale Price

American Stock Exchange

WEEK

Sales

Week's

Friday

12,500
67,400

Tilo

5

common

_

Inc

Realty & Construction:

Jan

Tobacco

&

14%

Feb

Tobacco

9%-

Jan
Jan

8

5

10

100% 101%

100

98% May

200

37

31%

Feb

X103

15%
38

40

14

Jan

24

Apr

40%

16%

39

750

1,100

16%

38% May
16% Feb

Jan

Todd

8

35%

Corp

Jun

Tonopah

Royalty

Lux

Quebec Power Co.

21%

Jan

26

July

True

i!

u
51

"35/8

35/8

15% May
163/4 May

Jan

323/4 May

7

Jan

18%
'

9% Mar

Jan

223/4

35% July

44%
6

Mar

%

200

600

44-*»

Jan

33/4

1,900

3%

Apr

52

99% 100

_10O
1

2%

2%

.1.25

Ltd

MS

2%

1%

Jun

Feb

ii July

Mar

It Jan
57%

Jan

4% Mar

«

7

23

Jan

1%

101

Mar

2% May

Jan

1% July

2%

500

2% Mar

3% May

4

Jan

7

18%

Jan

24

16%

Jan

31,400

24

—

24

—

900
;

->

94

4,200

♦

Inc

800

2

3%

6%

6%

warrants

Corp

200

3%

1

Corp

Temper

Trunz

preferred

Oils

Tri-Continental

9 % Mar

5 A

5s

Mining of Nevada—

Empire

Trans

Jan

'

Toledo Edison 4%%
Trans

24

-L

70c

_

.

Apr

10% May

400
400

Mar

21

2,000

353/4

110

'

20

common

Corp

8 3/s

21%

35%

21%

5

deposit rets def registered-

Shipyard

Toklan

300

1,100

213/4

8

*:_i

^

'

363/4

12%
15%

Feb

19%

800

-r-.

Security Trust Co Ltd—
deposit rets ord registered. —£1

Amer

9% May

Stocks

106

—

14%

"

14%

1

T

Tishman

1%

10%

21%

25c

4

Allied

.

12%

"

20

_

Inc_

1 % May

July

'

20%

21%

1

Corp

Markets

'

„

common

Chemical

Roofing

*

pfd

'

•

Pulp & Timber com—*

Pyle-National Co common...
Pyrene Manufacturing

Co

Corporation

Amer

cumulative preferred

Light $4.56

2% Mar

of Colorado—

Puget Sound

Jun

Thiokol

&

•'

.

Jan

July

May
19% Feb

R
Railway & Utility Investment A
Packing Co common

Rath

Raymond Concrete Pile

Reading Tube Corp

common

Reis

Shoe

Apr

900

4%

Jan

6% July

200

6%

Jan

8

8

8%

7%

75/8

5
1

9%

♦

3

1

30

95%

Steel

(The)

Corp

Oil

Co

Fifth

Jan

Apr

9%

8,200

7%

Feb

x30 %

2%

300

3

23%

1,800

2%

300

2%

25/8

14,700'

95%

95%

120

£1

reg

5

^

22

1%
1%

Jan

Jan
Feb

"2%

Jan

89

Jan

9% Mar

19

19

5
Co

9% July
34

3%
3%

Jun

Jun

Investment

Union

Oil

$3.75

2%

Jan

99

Aircraft

United

Elastic

United

Milk

United

Molasses

Amer

N

«

common

L

common

19

300

Jan

10

20%

Jun

400

18% Mar

22% May

39 %

600

32%

39%

10% May
10% Jun

xll

11 Va

700

11

11 %

3,900

11%

5

1

225/a

Feb

Jan

Jun

13

Feb

5%

Jan

*

600

2%

2%

300

2%

Jan

3% Mar

43/8

45/8

200

4%

Jun

5%

23
'

2%

1

14%

Jan

U

S

U

S

24

U

Jan

S

$5
U S
U

S

Ltd

Sapphire Petroleums Ltd
Savoy Oil
Say re

&

Inc

(Del)

Fisher

Brick

Co

1

53%

53%

8

12%

9%

1

2A

2

A

2

25c

common

5%

5%

6

1

2%

Inc

Scullin

Steel Co

common

Scurry Oils Ltd

A

2%

1,000
18,300
1,300

38%

Jan

9% May

1A Jan
43/4

Jan

200

2%

Jan

18

18

18%

1,200

15%

Jan

♦

17%

17%

19%

1,600

17% July

1A

1A

1,200

1-A July
1

50c
.

Scurry-Rainbow Oil Co Ltd___
Seaboard

Western Airlines
Securities Corp General
Bros Inc.

Seeman

For

3,900

12%

1

Schick

Selby Shoe

54

Co

footnotes

50c

page

31.




1

July

12% July
2% Jun
6%

2%
23

1%

common

Canal

L

common

Securities

Corp

Co

Jan

32%

75%
5

Jan
Jan

•

8%

Jun

Jan

98% Mar
Feb

89

6% Jun

400

Apr

100

7

30 Va

6%

Apr

8%

Jan

5A Apr

Oil

Co

Sugar

5

Jan

221

600

443/4

4,300

36%

39%

480

36 %

10

500

1,100

72%

175

61

62'/4

6,300

8%

85/8

8 3/4

99% 10iy4

100
5%

11,200

18%

72%

•

3V8

18%

3

61%

36

Feb

"5%

5%

2,200
-

250

:

Jan

Jan

9% July
2%

Jan

Jan

45 y«

Jan

Jun

40 Yt May

14%

Jan

4%

Feb
Feb

19

62

Jan

72% July

39 %

Jan

62V4 July

6%

Jan

9% May

Jan

88

IOIV4 July

1,300

4%

Apr

7%

Feb

2%

Jan

1%

2,200

iy4 Mar

2%

3

3,600

U Jan

56

57

200

29%

50

271/4

2%

Apr
%

5% Mar

16% May

29%

57
-

236

Jun

3% July

1%

3

10

common

10

~4%

9%

3 Va
18%

_1Q
i.0

230

38%

50c

Insurance

27»/4

100

2%

23/4

1,800

6%

4,000

3

56

Jun

67 3A

23 y4

Jan

33

22% Mar
2%

Jan

Jun

Apr
May

28 3/4 May

3

Feb

V
Valspar Corp
$4

1

common

convertibel

Jan

Vanadium-Alloys

preferred
Steel

5

Co

Apr

Venezuelan

5%

Jun

7%

Jan

Venezuela

600

1%

Apr

2%

Jan

Vinco

12%

Jan

14% May

Corporation
Virginia Iron Coal & Coke Co

9% Mar

15% July

Vogt

Petroleum

Syndicate

Manufacturing

6y2

6

7

Feb

90

July

110

74

24%

200

22% Mar

24%

Apr

1

__

May

90

245/8

24%

25 %

20c

:

Inc

5

90
24

90

*

9,400

4,400

94

43%

9%

1

3,300

15

10

A

43%

*

common

Consolidated

Utah-Idaho

325

3,000

3%

—1

7

14%

230

-

Products

-

—

»

warrants

1%

14%

230

25
_—10,
.25

common

2%

400

7

*

5%

14%

—100

1

Reclaiming

Stores

6

10s

preferred

International

Rubber

Feb

*

7

1

1st preferred with
Radiator

5y8

4%

.*

10c

2'/a

13%

81 Va

—1

common

7

1%

1;

registered

ord

2%

July

97%

81 Va

313/4

1
•

96'A

25

Jan
Mar

Feb

31%

Machinery common

Feb

20 Va Mar

8%

2%

42% May

Ltd—

Co

Sharing

convertible

Universal

300

20

;

1

12.50
see

1X

54

85/8

53/4

Conditioning Corp

Universal

Jan

5%

Finishing Co

and

Jan

33%

~L

100

U S Foil class B

Jun

3%

1,800

common—50c

Corp

Specialties

Air

$4

Feb

13%

United

4,700

97'A

*

A

Omaha

preferred

Universal

Corp Ltd
Milling Co

of

Preferred

May

20%

1.25
.1

17%

S

Carlos

series

Porducts

RR &

J

43/4
423/4

California—

rets

Profit

10%

Jan

4%
41%
8 5/8

•

4

Products

dep

United

Mar

38%

1

common

St Lawrence

of

Yards

United

United

San

Co

*

Co

preferred

Union Stock

2%

4%
42%

5

Corp

Canada

Union

Jun

20

10

Ryan Aeronautical Co___
Ryan Consolidated Petroleum

Haynes

%

34%

of

United Shoe

Ltd

Ave

Jan
Feb

Chemical

Gas

10c

Corp.

Union

United

Inc

Electric

A
25%

Realization

Unexcelled

9-% Mar

; 300

Ulen

"

pfd F

Rome Cable Corp common

Rotary

7 % May

u

23%

2%

100

dep rets ord

Jan

600
300

33%

9%

30

Rochester Gas & Elec 4%
Rolls Royce Ltd—
American

6%

73%

33

50c

Roosevelt Field

300

7% May
8% Jun

14

1

Radiator

Ryerson &

26

7%

Mining Co
Rio Grande Valley Gas Co—
(Texas Corp) vtc

Russeks

Jun

6%

Engineering

&

Inc

Royalite

23%

7%

1

Rico Argentine

Rowe

Feb

6%

1

Remington Arms Co Inc
Richmond

24%

900

25%

Jun

Jan

T'A

1

Co

&

Electric

Rice-Stix

24%

25

4%

22%

6%

_~l

Co

(Robert)

Reliance

*

24

—6.25

Pump Co

Regal

3% Jan
25

24

—10c

common

Preferred
Reda

u

1
lo

3%

3%

3%

1

5%

.4%

6

—10

30

27%

30%

•

14

14

14

4,400

Jan

23%

Feb

32%

Jan

800

3%

Jan

4%

Jan

10,400

4%

Jan

6% Mar

2,150

24%

Jan

30%

100

12%

Jan

15

Feb
Mar

t

Number 5341

Volume 180

.

.

*

t

VJ

(183)

The Commercial and Financial Chronicle

.

AMERICAN STOCK EXCHANGE
FOR

RANGE

Week's

Friday
Last

STOCKS

Range

Par

Low

WEEK ENDED

Aircraft

Waco

Low

High

•

Co

Wallace

Ward

Corp

20%

18

27%

27

1

1%

1A

40o

12 A

12 A

13 A

200

7%

Feb

1%

1A

1A

37,700

%

Jan

1A

Apr

152 A

130

150 A

Jun

165%

Jan

3A

400

3A

Jun

4%

*

_

4.40%

Leaseholds

Western

Tablet

_100

pfd

21

Shoe

Auto

White's

5A%

Wickes

(Wm)

Willson
Wilrich

Wtoodall

(F

American

1,300

1

Apr

_

_

175

9%

—

Jan

19

Apr

28

Jan

_

_

Feb

8% Mar

A

7

50

20

21

21A

May

Jan

3 A

Apr

4%

100

4%

Feb

10 A

600

8A

Jan

200!

6

Jan

7A

13 A

'

7

7

12

'

'

—

'

12

100

A

A

16

21,100

—

common

.

1

A

par

value,

Bonds

being

§ Reported

Period

A6Vis with Nov 1
A

*

6Vis ex Nov

"w

coupon

coupon

Flying Tiger Line 5Vis
AGesfuerel

debs

6s

Mountain

Green

conv
1953

Guantanamo &

Western

AHamburg Electric 7s
A

RR

Stock and Bond Averages

Jun

If

Jan

Jan

2%

Jan

Below

listed

1970—

Isarco

Rys 5Vis

-Stocks-

15

Total

10

First

Second

10

Rail¬

Util¬

65

Indus¬

Grade

Grade

Util¬

39 A

40

32%

Jan

45 A

trials

roads

ities

Stocks

trials

Rails

Rails

ities

58.60

125.47

99.82

102.54

99.98

A

2,300

Feb

12 A

Apr

1%

8%

Jan

Apr

3A

Apr

1H

7,500

Jan

2

Jan

11

May

Week's

Last

or

Sale Price

Range
Friday's

Bonds

Bid & Asked

Jan. 1

No.

104% 104%

July

5

6

July
July

8—
Averages

105%

Great

150

the

99% 100 A

23

97

90'A

90%

14

85 A

65

65 A

20

63

56A

57 A

20

54 A

103%

♦The

A7s

ex

1 1940

with Nov
Nov

1947

1

101%

Tietz

ALeonard

7Vis

that for the 65 stocks to

1

Oct

Oct

Electric

A Prussian

& Gas

Reading Tube Corp. 6s 1971
A Ruhr Gas Corp 6 Vis A
1953
ARuhr Housing Corp
OAs 1958
Safe Harbor Water Power Corp 3s

1st and ref

M 3s series

1976—

2Vis series C

D 1976—:

3 Vis series

3% %

(Calif)

Gas

Counties

Southern

Spalding

49.80 Feb

2

56.04

Low

44.40 Sep

16

July

9—

-

ended

the week

94 A

81%

145

128 A

1

ill

155
92

101

$102

156

150

85%

-

11

+

1.2

229.2

193.9

267.0

+

1.6

271.4

222.7

249.1*

244.5

+

1.9

249.1

193.2

102%

Durable

Goods

+

249.7

291.7
226.2

101A

—

103 A

Utility

135.3

134.9

99 A

—

.

104

102%

Trade, Finance, and Service

233.5*

231.5

256.0

261.3

Mining

$122 A 132

—

154

155
85

116

89

102 A

100
89

99 A

101A
99%

$98

$101

106 A

102%

97

—

100 A

101

■

102%

104 A

.'mi—.'

103%

2

1971—-Jan-July
1970——Feb-Aug

May-Now
April-Oct

96A

100-/a

July

2,378,190

6

July

:—

July"

2,241,000

9—

with

A7s

A7s

Dec

Dec

ex

1940

1

174

1947

1

Feb-Aug

9,255,946

Total.

$14,466,000

Vis

coupon

A 6s

mtge

f gold

s

1956

A 1963

ser

Washington Water Power 3As 1964
Webb & Knapp Inc 5s debs 1974
West

Penn Traction

Western

5s

1960

,

$105 A 106 A
72 A
...

S.

72%

72 A

107

1

14,466,000

$12,279,000

$491,702,700

$443,865,340

1,634,000

-

and

$39,000 '

$80,000

Bank

Industrial

Total

564,000

96%

Transactions at the American Stock Exchange

72%

72 A

45

$35,000

53,647,840
389,618,500

$16,180,000

Foreign
Railroad

105%

103 A

—

109

109

132%

93

16
—

$5,500

688,000
71,863,600
419,145,600

Government

133 A

105

— —

llu

'

99%

$100A 101%

Feb-Aug

Newspaper Union 6s 1959

__

93 A

—

112

—

93 A

109

—

—

$115%

June-Dec

1953

1,385,000
10,855,000

—

International

$119 A

May-Nov
June-Dec
Jan-July
June-Dec
June-Dec

July 9

200,315,602

Bonds
—

—

$25

1945

Corp deb 6s

Wasatch

Jan. 1 to
1954

251,904,385

4,571,204

9,255,946

90

$93

June-Dec

1941

i debentures

s

174A

152 A

1953

IV 54

U.

1956

$16,180,000

4,154,000
3,596,000

25,000

96

95

$25

United Industrial Corp—
A6

1

$95

1953

coupon

4,462,000

$80,000

x

31,000

Week Ended July 9
174

174

Stocks—No. of shares

1940 coupon 1953

A6Vis with Aug 1

10,000

$1,634,000

4,165,000

$14,000

287,000

3,180,000

2,558.146

$3,968,000

$527,000
429,000
391,000

$3,427,000
3,694,000

2,078,610

j

7

Fri

Sales

Bonds

-Holiday-

5

Wed.

96

81A

—

July

Thurs. July 8—

103%

89

5

88

$95

104%

102

$102 A 103 A
88

107 %

101%

97%

104 A

$£9% 100%

Mon.
Tues.

Government

Bonds

Bonds

Bonds

Total
Bond

United States

Bank

Foreign

of and Miscel.

Shares

Week Ended July 9,1954

Int'l

Railroad

Stocks
Number

103

98

.

103

$105

Daily, Weekly and Yearly

91

103%

101

2

103

103

233.1

135

66 A

2

38

273.7

198.5

high.

mm —

102% 102%

$100

136 A

120

•

209.5

Transactions at the New York Stock Exchange

85

130 A

—

124.6

233.5

+

156

83

$132 A 137

0.3

135.3

135

148 A

'

1

$96

♦New

—-.

7

85

-

228.6

93%

93%
'

-T—

$121A

i

292.9

+ 0.9
—2.0

228.6

Goods

Non-Durable

1.5

—1.0

287.5

Transportation

105%

99

Low

229.2*

—

226.5

271.4*

__

—

Manufacturing

•

2
'

$25

April-Oct

A 6 As ex Aug 1 1947 coupon
United Electric Service Co—

1954-

High

Change

June 25,'54

July 2, '54

91%

103

-•

'

$90

Terni Hydro-Electric Co—
(.

indus¬
highs and lows for

Percent

92

Stinnes

,

the closing prices of the common

1954, for composite and by major

July 2,

with the preceding week and with

try groups compared

104 A

102

—

.

$103 A 104 A

April-Oct

(Hugo) Industries—
A7-4s 2nd stamped
1946

1«)53

for

Range

143

89A

93

104 A

101

1981—May-Not?

Inc 5s coll trust 1966

High

SEC Index of Stock Prices
stocks for

—

151

103% 104
101

April-Ocf
May-Nou

5s 1989

& Bros

(A G)

Starrett Corp

55.89

-

3s

Southwestern Gas & Electric 3 As

4

July 8—

122

135

$90

—Jaii-Juty

3As 1970

47.32 Jan

Fri

—_

1978

series E

Southern California Gas

9

LoW

55.78

Thurs.

Composite

Jan-July
B 1973——Feb-Aug
w—
Feb-Aug
..Feb-Aug
Feb-Aug

1973

—.

$150

Sapphire Petroleums Ltd 5s conv deb 1963_Jan-July
Southern California Edison 3s 1965———Mar-Sept
3 As series A

56.04 July

55.58

7

'

1998
—

High

6

5

The SEC Index of stock prices based on

$90 A

——Feb-Aug
Jan-July

Co 6s

Holiday

July

July

142%

93

—

92

,

1954

for

Range

50

141A

—

$103

1960—-April-Oct

1954

6s

Public Service Electric

r,)o«inar

,

131A 131A

1960

coupon

100.69

29.86 from 30.09.

July

103%

98 A

$145

—-Jan-July
May-Nov

1940 coupon

1947

l

100.22

Wed,

122

41A

115/.

88%

Hydro-Electric Co—
ex

~l

48

$25
92

April-Oct
—May-lVou
■ !,:
Jan-July
Jan-July
Ohio Power 1st mortgage 3'As 1968——April-Ocf
1st mortgage 3s 1971
April-Oct
Pennsylvania Water & Power 3 As 1964—June-Dec
3 As 1970
Jan-July
with

100.16

(35 Stocks)

91%

87

103

$106 A

Valley RR 4% 1963
England Power 3 As 1961
Nippon Electric Power Co Ltd—;
A 1st mortgage 6Vis
1953
.
6 Vis due 1953 extended to 1963—

A6Vis

102.52

Compiled by National Quotation Bureau, Inc.

96%

110

$150

New

A6Vis

:

130

103

$45A

Midland

Piedmont

99.85

Tues.

93 A

99%

$121

Mar-Nou

Mansfield Min & Smelt 7s 1941

100.67

126.53

Over-ihe-Gounter Industrial Stock Averages

67%

Mon.

97

$88 A

liq tr ctfs__

1946

100.26

59.06

91%

$93

1952
6A%

coupon

100.14

114.41

two-for-one.

—■

$96'/a

1952

coupon

102.50

for the 20 railroad stocks and for 65-stock composite average give effect to
Railway's reclassification of the preferred stock into common stock and split of
This changed the divisor for the 20 railroads to 9.00 from 9.26 and

Northern

shares

$90

Hydro-Electric Co—

A7s

102.52

99.79

Date—

$25

100.66

99.85

126.64

computed by dividing total prices by the following: Industrials, 5.89; Rails, 9.00;

are

106%

—

100.25

100.02

♦126.60

59.06

averages

100 A

$104 A 106%

I

58.90

114.43

63%

94 A

/

/

$9/8 A 100

May-Nou

Altalian Power Realization Trust

A

65

100.64

Utilities, 12.65; 65 Stocks, 29.86.

High

101%
•

40

100.21

♦114.00

341.12
340.34
339.81

7——

-

Tbtal
Bonds

Holiday-

-Holiday-

-

July

132

21

112.87

337.66

2

July

Low

$150
100 A

Date

Range Since

Sold

High

10

10

107 A Mar

3A

—

—

114

June-Dec

1938

-Bonds-

Indus-

„June-Dec
June-Dec
Jan-July

1935

bonds

by Dow, Jones & Co.:

the New York Stock Exchange as compiled

on

Jan

May-Nou
May-Nou

1963

the daily closing averages of representative stocks and

are

13 A

Jan-July
Mar-Sept

1953
1953:

with

Apr

5s

4s

w,"

n

Hamburg Elev & Underground

•h St

..

3%s

Power

"w

300

1961—Mar-Sept
debs 1967
Jan-July

Mtge Bank

issued;

when

i,"

13

Co—

1940

1947

1

Residential

Finland

"cum," cumula¬

"n-v" non-voting stock; "v t c," voting-trust certificates;
warrants; "x w." without warrants.

tive; "conv," convertible; "M," mortgage;

12%

May-Nov
May

1956

.
i
"cons," consolidated;

above-—"cod," certificates of deposit;

used

20

Lackawanna of N J Division—

*

flat.

traded

receivership.

in

Abbreviations

Delaware Lack & Western RR—

E'rcole Marrelli Elec Mtg

a

30

90 A

5s

5%

Deferred delivery transaction (not included in year's range), d Ex-interest,,
e Odd-lot t^nsaotion
(not included in year's range), f Ex-distribution, g Ex-stock dividend, h Exprincipal.
n Under-the-rule
transaction (not included in year's range),
r Transaction for cash
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.
$Friday's bid and asked prices; no sales being transacted during current week.
♦No

May

Jan-July

RR

3 A

17 A

104 A

&

4A

Feb

6s

Lt

4 A

Jan

1970—;
June-Dec
Aug 1 1998
——Quar-Feb
2%s series A 1970
—June-Dec

Water

5%

4 A

:

Feb

Appalachian Elec Power 3 As

Elmira

3 A

5% Mar

A

—

1993

4 A

15 A

Interest

series A

4 A

102%

—

A 1st mortgage 4s series B 1993
Eastern Gas & Fuel 3 Vis 1965

36%

~4 A

50

1%

,

46%

—Jan-July

1919

100

107

—£1

1978—

48

17-A

——

*

46 A

56

39 A

32

46 A

$36

39%

44 A

June-Dec

6 As

Vis 1921

36%

51%

467/8

Jan-July
2012—Jan-July

2s

104 A

100

„

__

$50 A

Jan-July

1 1997
(Plan A)

Jan

stmpd

Government

ARussian
A 5

3s

Janeiro

de

$40 A

3% Mar

Ltd—

—

Sinking fund
Rio

•

—

ts»9A 102

17

106

—

13

8

Authority 3%s

166

$65

10 A

— —

2

Inc

mortgage 4s

85

$66

1997

f 2Vis series E

s

11% July

2A

.

„

1

_

10%

„

100

pfd

Extl

Apr

'

'

1

„

__

1947
1931

of Oct 1927)

(issue

FeD

Jan

—

—

1

_

L

A7s

AMortgage Bank of Chile 6s

26% Jun

400

Low

1st

High

85

$84

May-Nov
April-Oct
—June-Dec
-June-Dec
Mar-Sept

Low

No.

High

,

Mortgage Bank of Denmark 5s 1972
Parana stamped (Plan A)
2As 2008
Peru (Republic of) —

Jun

Jun

4%

BONDS

,

June-Dec

1951

stamped

Mortgage Bank of Bogota—
A7s (issue of May 1927)
1947

Jan

10'/a

American Stock Exchange

Edison

11%

17%

8%

deposit receipts

Chicago Transit

Apr

25 A

Friday

Boston

Mar

May

35%

Mar

2,100

—

1

Machine

W)

Steel

6

185

Apr

8A

300

——

21

—

Jan

103% Jun

'

Jan

32 A

100

24%

8

9%

4 A July

2,200

'•

34

Jan

16% May

Jun

23 A

—..

—

Wright Hargreaves Ltd-

Bethlehem

101

20

——

,

1%

7 A May

4%

'

•»-*

23 A

25

preference

27% July

16

*

Ltd

Petroleum

Woodley

Jan

1

-

Lt 4A%

&

21

9%

I

_

common

Industries

Woolworth

6%

_

___

preferred
Pwr

1,800

102

.

9%

25

Corp

Newspaper

July

5

Co

Corp

Petroleums

Wisconsin

Wood

21

4 A

1

Inc

(R C) & Co
Products Inc

Brothers

Jan

1%

34

5

__

preferred

&

Oil

(The)

Williams

5%

_

_

Stores

River

Wichita

12 A

27%

102

—.

1

Mfg

convertible

Whitman

3,050

10

_

Corp

Whirlpool

A July

105

10

'

20

Inc

Weyenberg

'

—

«

Ltd

Coal

Westmoreland

Wilson

—

~

Westmoreland

2

3A

3A

1.25

.

_

1st pfd_ IlOO
_♦
(stationery com

&

Jan

Jan

A

2

151

151

Maryland Ry 7%

Western

110

11

1%

'

Western

May

26,100

109% 109%

— —

__

Utilities

7s

Jan. 1

Sold

Jan

common

preference

Texas

Jan

1

Wentworth Manufacturing
West

"7%

Jun

—30

__

Webb & Knapp Inc

series

5 A

400

2A

Baking Co warrants

Wasatch

$6

~5%

5%

3% Mar

Jan

109%

Inc

Co

Watch

Waltham

AMedellin

—1

Tiernan

&

Lou)

Range Since

Bonds

Friday's

or

Bid & Asked

High

IlOO

preferred.!

cumulative

2%

_»

Baking voting ctfs ext
preferred

Waitt & Bond Inc
$2

Last

Sale Price

Period

.

Wagner
7 Vo

Week's Range

Friday
Interest

BONDS

American Stock Exchange

Range Since Jan. 1

'Shares

I

w

JULY 9

Sales
for Week

of Prices

Sale Price

American Stock Exchange

<

102%

Daily, Weekly and Yearly
Stocks

Foreign Governments and Municipalities
Friday
Last

Interest

BONDS

Period

American Stock Exchange

Sale Price

Week's
or

Bid & Asked
Low

Agricultural Mortgage Bank
A 20-year 7s April
1946
A20-year 7s Jan
ABaden

(Germany)

1947
7s 1951

ACauca

Bk of

—•

A6s

series

A 6s series

ADanzig

—

AS

f

A Hanover

State & Prov

—June-Dec

Feb-Aug

_

Munic

6s

(City)

7s

1947

6 As

1952__—Jan-July

Jan

No.

Low

City

Maranhao

(Peru

— mm

„

106 A

June-Dec

_

91 %

138

7s 1939
6 As 1949

stamped

6 As




Migh

2 As

Mon.

July

— mm

mmrn

—

$84

75

84

88

7

8_

1958—

17%

21

5

94%

$31,000

24,000

83,000

11,000

24,000

65,000

67,000

18,000

31,000

116,000

$71,000

$169,000

^

2,143,040

Total

$223,000

1954

of

shares

_

__

„

government

145

Virx'ern

102

„

125

Foreign corporate

51

56%

41

41

9

1953

Jan. 1

1954

$463,000
to

July 9

.

2953

2,143,040

1,698,750

66,285,636

58,215.999

$238,000

Bonds

130

4

137A 138

July

$223,000

Stocks—No.

123

$41

143,000

——

135

83%

$57% 1

Mar-Sept

2008- __May-Noo

$18,000

30,000

524,015

9

117

3

22

111

$139,000

$90,000
36,000

—

115

75

-T'

1

91%

91%

Bonds

515,945

545,270

6—1

July

142

84

106 A 106 A

$20 A

Total

-Holiday-

mmm

120

—

95

75

Foreign
Corporate
Bonds'

—

—

$85

Government
Bonds

557,810

July

Wed.

July

Bonds

Shares)

5—

Tues.

Fri.

$120% 129

$108

Feb-Aug

stamped

(Plan A)

1

Thurs. July
—

■

A Lima

.

9,1954

Week Ended

.—Feb-Aug

1947—

Ger

(Prov)

mmX.

75

Waterways

&

Cons

Sold

Week Ended July

Banks—

1951-

secured

AHanover

—

1952_

A

B

Port

AGerman

German

$93 A
$93 A

•»_

_

High

Range Sine*

—

Valley 7s 1948

Central

(Col)

Bonds

Domestic

of

Range

Friday's

Foreign

(Number

Total

199,000

66,000

$5,945,000
6,465,000
2,811,000

$6,929,000

71,000

169,000

$463,000

$503,000

$15,221,000

$20,966,000

10,906.000

3,131.000

31

32

The Commercial and Financial Chronicle

(184)

.

.

Monday, July 12, 1954

.

OUT-OF-TOWN MARKETS
RANGE

Week's

Last

Par
Motors
Tel

&

Corp

_

100.

American

Woolen

of Prices

Copper

50

Boston &
Boston

Albany RR
(new

Personal

Calumet
Cities

Prop

169

11% July
155% Jan

Jan

169%

2,614

20

20%

201

15%

Jan

22%

Jun

40%

762

29%

Jan

40 %

July

84

121%

52%

53%

7

7%

31%

33

132%

Jun

Jan

54 %

Jun

5

13

•
5

May

gs/8

100

94 y8

96%

142

40%

41%

37

....

8%

8%

435

—

1%

1%

6

__

~~

•

20% May
26% Jan

125

9 s/8

lo

Jun

Jun

167

__

170%

49

285

22%

Co

High
18%

7%

7% May
28% Jan
33

Jan

5

Co

Oil

Standard

U

9%

Jun

Jan
Jan

10%

173/b July

Jun

43 % July

34%

34%

78%

783/8

34% May
83% Jun

86%

88%

38%

(F W)

Cincinnati

Transit

32% Mar

Jun

90%

423/b May

143/„

14%

15

12%

Jan

143/b July

86%

87%

29

703A

Feb

87% July

4S%

51%

280

39'A

Jan

51% July.

Jan

75%

Jun

Apr

45'A

Jan

73%

40

50%

43'%

17

40%

553/4

—

733/a

43%

.

__10

—

Jan

51%

12%

Woolworth

Jan
Jan

71%

147

38%

28%
723/8

275

__

•

Westinghouse

3

20
*

56

1

BONDS

4%s

1998—

55%

-

$4,20C

54

Mar

63

Jan

41% July

Jun

Jan

105% May

22%

153/4
41%

__

50c

—

1

Steel

S

28
120

———5

Union Carbide

July

79

10

Edison

Toledo

High

l73/a
43'A

__

*

15

(Ohio)

Oil

Low

173/8

88%

25

-.

J)

(N

Range Since Jan. 1

High

34%

*

(Indiana)

Oil

Standard

Shares

42

—

—

Brands

Standard

Standard

for Week

of Prices

Low

Pacific

Southern

167

22%

Trust

Co

Copper Range

Low

n5/8

100

Hecla

&

Service

52%

when issued )_100

preferred (when issued)

Boston

High

128'A 130%

25

Boston & Maine

5%

100

Edison

Southern

Range Since Jan. 1

Sales

Range

Par

Shares

n%

Week's

Last

,

Sale Price

39

•

Anaconda

168%
20'At

9

STOCKS

for Week

Low

5

Tel

JULY

Sales

Range

Sale Price

American

ENDED

Exchange

Friday

American

WEEK

Friday

Boston Stock
STOCKS

FOR

Eastern Gas & Fuel Associates—
Common

Eastern

(new)

10

_—

Eastern
First

100

SS

Lines

National

General

(The)

Hathaway

Inc

•

common

Stores

Electric

Gillette

Island

(new)

Creek

Coal

Co

250

18%

53%

55%

150

49

45%

47"%

2,411

61

63

305

5

5

100

__

50c

Lone Star

Cement Corp

Maine Central RR

23

1

Copper

__

14%

__

40%
21

21

*

100

_

preferred

__

100

Mathieson

Chemical Corp
M'ullins Manufacturing Corp

1

National

__

Cos

New England Electric System
New England Tel & Tel

Norbute Corporation
Pacific Mills

Pennsylvania

14%!
124%

—2.50

Jun

Jan

63

4%

Jun

29%

Jan

42

10

18

Jan

110

Apr

Stock

Exchange

47%

14% May
64% Jan

50

355

9c

Jan

Feb

49%

19%

Jan

5c

246

WOodward

July
Jan

115

13c

Jun

Detroit Stock

Feb

15% Mar

Jan

125%

Jun

Apr

1%

Jun

15"%

16%

479

Apr
15% Mar

18%

20

19%

20

317

18%

Apr

20% May

Allen

Electric

24%

26%

220

21%

Jan

26 % July

Altes

Brewing

1

Week's

STOCKS

37% July

Association

•-

Stone & Webster Inc

•

Stop & Shop—
Suburban

Elec

1

Securities

Torrington Co

Co

30%

»

31%

160

28%

Feb

24%

-

10%

50

23%

24%

1,072

23% July

10

Mar

Sale Price

Feb

31 % July

American Metal Products

12

Apr

Bower

28%

Jan

Brown-McLaren Mfg

50%

48%

50%

3,828

43%

Jun

53%

43%

44%

1,146

36%

Jan

45%

Jun

__

36 %

36%

76

29%

Jan

50

47%

47%

34

44

Mar

36% July
50% Apr

•

ip/4

ip/4

80

11% May

5

Smelting Refining & Mining
System Inc

Waldorf

Westinghouse Electric Corp
Woodley Petroleum Co

12.50

72%

8

__

71%

73%

415

39%

39%

5

13

Mar

50

Jan

75%

32%

Jan

43% Mar

Jun

Chrysler

Corp

Consolidated
Consumers

Davidson
Detroit

Cincinnati Slock Exchange
Friday
STOCKS

Par

American

Laundry Machine
Brewing

T

P

preferred

__

Shares

Low

22 %

22%

„I50

20%

20%

55

15

21

May

21% May

Apr

Jan

22% Mar
21%

60

32%

Jan

46

July

22%

624

20%

Feb

23%

Apr

99%

99% 101%

72

__

77

4%

109

109

96%
108

4

76%

7714

1 260

4%

4%

i('98l

22

21%

22%

36%

36%

37

69%
4

Jan
Mar

Jan
Feb

55

18%

Gamble.

Jan

class

B

*

common......

Jun
Jan

47% May

59

Feb

Jun

463/a July

July

94% Mar

50

51

51

45

46%

59

93

93

50

93

86%

87%

616

68

Feb

23

23

113

"

14%
31

31

50

*

100

14^

31

*

__

50

20

12%

3
20

50

77% July
434 Jan
22 %

23

*

May

38

35% Mar

86%

•

103% Mar
109 "

41%

250

93

50

Printing

29

20

Jan

87%
23

Jun

July

Jan

15

Jun

Mar

31

May

48% Mar

50

Apr

Airlines

1

American

Radiator

American

__

Telephone & Telegraph___100

5

American Tobacco Co
Armco

5

O

Co

J

-

10

Manufacturing
Motors

Gas

Ohio

Hoover

Manufacturing

Ball

Hoskins

&

Bearing

Howell Electric

Co

General Electric

14%

135

12%

Jan

35

27%

Jan

29%

10%

100

40%

41%

13

St

&

Co

Jan

46%

373/s May

46%

47%

319

38 % May
59 % Jan

80%

77%

80%

564

31

31

323/4

112

__

__

•

__

Steel

__

*




;

page 41.

15

6%

Feb

Feb

24

Apr

Jan

23%

Jun

3%

Apr

Preferred

4

Welding

"

a—

•

Car

•

-

Metal

Products

(Fred

Jan

Feb

22%

34

Jan

5

Feb

23

Jan

3%

155

3%

Jan

4% July
3% Jun

4

4

400

3%

Jan

4

3

—

5

B)

—
—

3%

4%

May

■'
3

Co

p:

4%
37%

31%

3,745
1,680

30"%

Jun

5%

5%

5%

1,352

3%

Feb

11%

Apr

11%

11%

200

7%

7%

7'A

925

27%

27%

27%

100

—

1

July

3

31 %

—

1

Brewing

Prophet

Apr

4

Mar

■

Davis

Pfeiffer

31

Jun

3%

V//.:

1

———

Electric

Reo

Motors

Rickel

(H

_1 S

common

W)

2

River

Raisin

Rudy

Manufacturing

Sheller

Jan

6

Jun

Jan

5% May

15%

Jan

7% Mar

1

'■

'0, 12%
$

1

Screw

1

.

—

1%

1%

Jan

9

Jan

4%

1,190

2%

Jan

4% May

19'A

570

15%

Jan

19% July

5'A

5%

1

125
800

5%

-450

4%

Jan

5% Mar

12 %
5
1%

«£;

k

Apr

1% Mar

1%
9%

4%

4— 4%

B

27%

1%

1

common

Feb

9%

„

1

class

Tube

Corporation

23%

19%

—

9%

Manufacturing

Standard

-

——5

Paper——.

12'A

600

11% May

13% Mar

5%
1%

336
1,100

4%

Jun

1% Mar

10

May

5% Mar
1%

Jan

Los Angeles Stock Exchange

143%
62

Jun

STOCKS

Friday

Jun

Par

Jun

Admiral

48%

Aeco

Jun

Corp

1

10c " >72 %c

Com

Alleghany Corp

1

—

1

—

Dye (Un)

*

(Un)_
(Un)

*

—93%
—58%

(Un)__

Artists

Chemical

Pictures

283/b

Jan

19%

50

13%

Jan

83%

323/4 July
19% July

Allied

19%

83%

40

80%

Jun

82%

American Airlines

52'A

52'A

25

52% July

23

59% Jun

23

213/4 Jun

23

Allis-Chalmers

&

Mfg

Inc

I

for Week

of Prices

Shares

Low

£21%

Sales

Range

Sale Price

45% Mar
80 % July

Week's

— Last

JUly

Jun

Low

30

70c 72 %c

5,400

a3%

a3%

10

4

__

Range Sinco Jan. 1

High

a21% a21%

4

400

19%

Jun

43c

High

July

Jan

72 %c

3%

Jan

4%

Feb

4

Jun

5%

Jan

Feb

78% Mar

94%

a58%

a59

477

47% Mar

58%

Jun

13%

14%

895

11% May

14 Va

July

16%

a93% a93%

20

Jun

66 'A

68%

75

57%

Jun

78%

81

71

Jun

35

47%

Jun

60

Jan

253/b

Feb

15% Mar

18

Feb

16%

280

10

a46%

a45% a47%

355

Motors

Corp

_6

allVa

all % all%

65

12

May

14

American

Potash

&

B_*

—
T8%

a52% a52%

20

35

Mar

43"%

18%

2,462

13%

Jan

18% July

169% May

Broadcasting

Thea

Para

68% July
78% July

53

54%

20%

21%

15%

16%

50

31%

323/4

223

22%

Jan

591/3

323/4 July

50

47%

Jan

60

Jun

35%

Jun

'

American

591/3
35 %

Chemical class

Radiator

American

Tel

Viscose

SS

(Un)

•

(Un).,

100

168%

25

a57%

Tobacco

American

&

&

Tel

Co

Corp

(Un)

15%

Apr

43% Mar

Anaconda Copper Mining Co
Anderson-Prichard

Oil

(Un)___50

(Un)

33% July

37%

263/4

65%

66%

65

58% Mar

28% July
66% July

41%

41%

70

34%

Jan

44 % May

431/4

431/4

43

Topeka & Santa Fe (Un)
Atlantic Refining
(Un)

>35%

Jan

44%

Avco

Armco

Steel

Armour

Jun

Apr

Ashland

&

(Un)

Co

Oil

(111)

L_.

(Un)

Refining

Atchison

Manufacturing

Corp

10

5'

(Un)

(Un)

1

49%

1,475

156%

Jan

a55%

a58

1,006

55"%

Jun

35%

270

39

40

a44% a44%

39%

10

15

1

18%

35%

25

55

__

__

16% Mar
48 Va

Apr
May

54% July

19'A

(Un)_l

American Cyanamid Co (Un)

Amer

168 168%

46%

49 Va

Jan

30%

Jan

40

July

50

46%

Jun

51

Apr

34

Jan

49 Va July

1,257
60

345

12

Jan

113% 113%

50

Jan

37

1,238

10%

260

95%

Jan

27%

Jan

a

65

Apr

31% May

al2% al2%

al0%

'

al2%

'

21% Mar

—14%
—

28%

__

;

8% May

18%

__

28%

*

see

Feb
Jun

212
570
743

—

28%

__

*

Vacuum

7%

23%

__

5——3%
10— 21%
1$/,

—v

common

__

5

Roebuck

850

22%

Metal

American

50

___10

8%

May

23%

Corporation

Clemens

Jun

78 %

__

«

Tobacco Co

16

American

__

5

Corp

15"% May

Jan

21%
4

Motor Wheel

Murray
Mt

23

19%
__

♦

Central

footnotes

Jan

47

50

5

Lead

For

106

129

25

Sinclair

Socony

43

61'A

__lo

Regis Paper

Sears

Jun

37%

•
Co

Co

(R J)

70

41%

40

60%

Jan

14%

17

M'

p'

/

Apr

37%

*

Tobacco

Ward

141% 142%

15%

14%

8%

—

10',

10% Mar

37%

37%

12% Mar

675

240

205

1

14% May

29%

9%

—

Feb

343

15
15

106% May
35'A Jun

14%

126

Jan

18%

Wayne

43

13%

Feb

4

14%

13

15

J—

10

1

Products

Jun

8% Mar

Feb

18%

Motor

66

Jan

3%

Feb

517

Vinco

273/8

310

1%

2%

462

tS S)

Udylite Corp

14

3%

Jun

Jan
Jun

4%

Feb

33%

1%

15

__

.j',?;-

J-?

1%

200

33%

36%

41%

__

1

100

1%

4%

713/4 July

33%

42 %

•&-'

1%

3%

1%

;

7%

6'A Mar

33%

Kresge Co

Kysor Heater

Jan

Jan

4% Mar

78% July

425

3

Jan

Jan

Jun
Jan

2,075
3,140

7%

Apr

July

1% May

333/8
78%

3%
59 %

78%

27

1%

503/4

56

Jan

Jan

July

2% July

75

115

23%

3%

350

25

130

200

26

200

7^34

96%

Jan

1

200

35

66

__

r

3%

Feb
Jan

2%

455

1%

__

4%

3%
23%

400

7%

78

-A-

V-V

1

27

300

Jan
Jan

1%

C

■>:.

1

——

Allied

Dairy Products

Reynolds

Jun

28%

5

Pennsylvania RR
Republic

24 3%

3%

33/a

Jun

10%
26 %

1%

347/8
94%

„

Radio

Feb

143/b Apr
5% Mar

10%

_•

Copper

York

Jan

May

5

(new)

Myers

National
New

19

5

International Harvester
International Tel & Tel

Montgomery

43/4

25

63%

10

General Motors

National

50

23

Jan

26%

3%

33/4
26

32%

Jun

July

14%

5

(P)

10%

Jun

40

29%

5

Kodak

Lorillard

Jan

11%

.

Auto-Lite

Kennecott

9

50
116

33%

7

Pont

Liggett &

48% July

65%

1

Dow Chemical

Eastman

Jan

3%

Jan

May

8%
24

2%

Jan

Jan

100

4%

155%

July

160

1%

Peninsular

•

Dayton Power & Light

§'"

28%

5,205

8%
24%

4%

Parke

55

32%

2%

14'A July

34

6% Mar

4%

18% May

30%

Jan

Kingston Products ——___1 55;.
2%
Kinsel
Drug
1 J—„

Jan

Jan

6

4%

11% May

170

620

26

?v— '
*.v

3

Motors

July
9% Mar

6%

33/e

2%

Inc—

Jan

32%

■

__10

—

Manufacturing

8%

24%

—

~

_*

_2

Houdaille-Hershey common

Packard Motor

5

Elec

Curtiss-Wright

1

254

8%

5

—^

Graham Paige common —.
Lakes Oil & Chemical

45% July

70

47/3

32%

.

—----__5

Brewing

13%

95

__

*

Co umbia

Jan

58

9%

43/4

38%

184

13

45

Jan

8"%

6

6

1

Geminer

7iy4
35

25

Col

9%
12%

23

25

City Products

Electric

48%

25% May

1

Hastings

May;

23% Mar

10

Trailer

154

56

47/3

C ties Service

du

65% July

39

1

50

40

12%

Chrysler Corp

S

20%

Feb

950

5

45

1

167% 169%

48%

*

Chesapeake & Ohio

&

Jan

56%

499

W'-

20

14yJ
18%

39%

100

Steel

13%
18%
56

1

B

453/.

48%'

_

_3

Manufacturing

4534

40

10

Avco

RR

169%

„60

^°Ur„ Oil
™C°
Ashland
&

__

25

Mining

Steel

Bethlehem

15%

25 %

20

Corp
Products

"

*
__

Anaconda

652

45

1

Mogul
Brewing

National

Stocks—

Stores

Amer

July

20

8%

1 .'

Ironite

46%

*

gtd

Bros

Steel

Goebel

Jan

Jan

25%
443/4

__

Apr

46

»

Preference

Allied

17

30% July

25%

———1

Great

17%

22%

•

Unlisted

High
23%

45%

10

£a£idnT77
S

U

Jan

Apr

2%

2

227

*

common

Motors

General

High

22%

__

Randall

27%

100

63%

Range Since Jan, 1

46

12%

Co

&

15%

100

2

63%

Freuhauf

for Week

22%

50

Gibson Art

Procter

3% May

19%

Economy Baler

8.50

100

Telephone

Cincinnati Transit

T^?prMi
Little

4% Mar

Jan

10

Paper

Power

Steel

i

Jun

3

63%

Frankenmuth

__ioo

common

Eagle Picher
Formica

Range

22%

_

22%

*

Preferred
&

*

*

common

Cincinnati Gas Electric
N O

16"%

30'A

Federal

Sales

of Prices
Low

20

10

Paper

Week's

Last

J Sale Price

Cincinnati

255

16%
30%

High

2%

25

Edison

Detroit

C

Corp

Continental

Detroit

Carey
Champion

200

1,617

2

2

Low

3%
3%

'■

Apr

43%

—

U S Rubber Co

Burger

3%

5

Bearing

Range Since Jan. 1

High

3%
__

5

•

Machinery common—25

United Shoe

Shares

Low

1

Roller

for Week

of Prices

Last

Burroughs

10 %

•

.—

United Fruit Co_

U S

__

Sales

Range

1

23%

Exchange

Friday

15%

75c

330

2-5525

28% Mar

13%

1,714

Telephone:

Jun

Par

Shawmut

Exchange

DETROIT

May
120% July

35%

50

Exchange

Stock

Building

84% July

37%
,

1,200

15

122% 125%

17

5,600

__

Stock

Exchange

Ford

American

Midwest

Stock

Detroit

Jan

23

10

York

New

July

9%

30

24%

1%

Members

48% Jun

45%

1%
37"%

__

i

RR

38%

464

23%

14

Watling, Lerchen & Co.

Jan

Apr

55% July

84%

5C

20
100

Jan

Mar

41%

46%
__

24

120

120% 120%

1

Service

5

Jan

1%

14%

82%

10

common

Mar

22%

46%
'

1

Bakeries

76c

__

5

Co

1

...

•

Kennecott

5%

8%

Massachusetts Street Ry—

Common

10

33

32%

33

510

3

5

5

5

650

8%

Apr

4% Mar

10 Vs

Feb

14%

Apr

113% July
35% May
5%

Apr

Volume

Number 5341'... The.Commercial and Financial Chronicle

180

(185)

33

OUT-OF-TOWN MARKETS
RANGE FOR WEEK ENDED JULY
Week's

Range

for Week

of Prices

Shares

9

Sales

Friday

Friday

Week's

Sales

Range

for Week

of Prices

Shares

•

,

STOCKS

...

Last
Sale Pfic e
Par

Baldwin-Lima-Hamilton

Baldwin

Securities

Baltimore

Barker
.*

Basin

Oil

Bendix

a95s

50

8% May

9%

a3 V8

a3 %

90

2-/8 Mar

2% Mar

a22% a23%

75

19

100

Co

1

:

(Un)

i

Boeing

i

(Un)

Mining

10c

Feb

Diamond

Bolsa
r

Corp

Airplane

Mt

Feb

82
1

Jan

National

71% July
11% Feb

National
National

67

3A

71%

411

50 V8

Jan

11%

10

Jun

12c

1,900
7,000

Chica

Bond

Stores

Borden

Oil

Corp
Inc (Un)

Company

I Borg-Warner

7%

4c

Jan

14c

8V4

Jan

10% July

40% May

44% July

Apr

Diablo

convertible

10%

458

a 44%

a47%

395

3%

3%

306

13% al3 %

25

1

'

May
13% Apr

inwirv

45
85

75%

Jan

79%

Feb

iUn)

Jan

12% July

Northrop

50c

com.

8V4

8«A

8%

1,698

7

60

Mar

9V4

American

Byron Jackson Co

9%

150

Jun

Oceanic

10%

2,600

8 Va

Jan

11

Jun

Ohio

Edison

133a

40

10%

Jan

13%

Jun

Ohio

Oil

a22% *22%

106

16%

Jan

•

1

Packing Co
Atlantic Gil
Canadian Pacific Ry Co

28 3A

10»A
a

8 Va

Jan

j

Canso Natural Gas
Carrier Corp (Un)

r

Case

f

i

j

(J I)

(Un)

660

22'A

Jan

4

500

33A

Jun

al%

a56Va

;_12%
10

—

a58%

1

Aircraft—

;
»

Climax

Fuel

Columbia

Gas

Commercial

Edison

Edison

N Y

Engineering

Liquidating'

Jun

180

16%

Apr

22 V4

22 V4

10%

10%

Motors

Oil

Apr

36 V* May

Jan

26% May

a39%

20

37

Douglas
Dow

(Un)

5%

Jun

6%

Jan

Jan

48%

Jun

248

15% Mar

16%

al4%

a40~%

1

duPont

(E I)

class A

de

519

16 V4

July

273

37%

Jan

40 % May

122

41

Jan

43%

a39% a40 %

a45%

(Un)

9

a46

13%

35

%

200
77

57%

Feb

8%

115

8Va

Jan

a48 % a48 %

50

35 V4

Jan

18%

a

%

8%

Apr

17% May

Feb

18%

a

% July

lVa

Apr
Jun

66

9 % Mar

47%

Jun

10%

275

Jan

10%

27Va

27 Va

303

26%

Jan

27% July

9%

10 Vb

1,211

9%

Jun

10 Ve

10%

10%

10%

a30 a30 Ve
86 V4

5%

86'A

5

5%

8

Apr

July

26% Mar

29 Va

59 % May

85

1,830

86V4 July

5

3,625

Jun

7% Mar

July

34

Jan

40%

30%

518

20%

Jan

all'/a all V8

75

9%

30% July
11% Apr

al37 a 143%

523

a417/8 a42%
30%

10c

Nemours

RR

a

137

30%

1
10

94

Jan

123%

Jan

108

26 %

195

22%

Co

134

47'A

77

35%i«Jan

a2?% a22Vs

37

20

4

Phono

Apr

1

Fltzsimmons

(Un)___

Stores

A.

1

.10

General

Dynamics

General

Electric

Sonera I

Clay

--

Finance
Gas

6%

&

Paint

Jan

10% July

9% May
Jun

liy4

Jun

Apr

18%

Feb

13%

1.10

18%

1,25

75c

12
377

1.50 Mar

Jan

14

2,330

13%
18%

a

Feb

13%

Jan

~

5 %

Jan

20 % May

7

General

Telephone

60

46%

46%

a6%
46%

445

38

Jan

Gladden

Products

20

Jan

Gladding,

McBean
Co
(Un)

Glidden

Good Humor Co
Prior

Jan

33

(B

Tire

F)

Lakes

Great

Northern

Greyhound

(Un)

Rubber

RR

Oil

47

338

May

May
51% Jun
Jun

46%

47

1,036

38% May

48

a72%

a73

17

57%

Feb

66% May

Corp

Pacific Tel & Tel

Oil

78

59%

10%

Packard

Pan

Motor

Car

American

Holly Development
Hunt

Foods

Inc

Central

RR

(Un)

Petroleum

32% July

a34

a34 a34%

658

34

Apr

2.25

2.25

2.30

910

22%

23

200

a34%

a34 Va a34%

*

2.15

19%

4%

Jan

25%

Apr

200

Feb

Jan

34%

42c

2,200

4

Apr

36% May
2.45 Apr

32 %

201

45c

43c

44c

May
July

60c

5%

Jan

4

Jan

a99% a99%

10

83%

Feb

91%

Apr

a66% a67%

a99%

141

55 %

Jan

64%

Jun

100

1%

Jun

2%

Feb

1%

1%
29 3

275

29%

29

12

12

12

27%

29

419

si

,

11%

July
Jun

29% July
14
Mar

27%

100

23%

Jan

30%

a537/8 a54%

90

46%

Jan

58% May

21%

22

1,652

20

Jan

24%

Feb

25%

25%

726

25

May

27

Jun

26%

26%

165

19%

92 %c

1.00

1,600

20

421

a53%
22

19%

*

Iron

Interlake

Corp

International

Nickel

90"

13%

Oil-Co

i

*

31

;—*

.

(Un)

a43
a74%

7%
*
33%c

373-

11c

3c

200

al5
31%

a—

63,200

92 %c 92 %c

35

9c

a

International Paper Co (Un)-;
Int'l Tel & Tel (Un)
Intex

a46 % a49 Va

10c
92 %c

(Uri)

Harvester

International

a48%

10c

•

Pfizer

Oil

Jan

Jun

26% July

May

1.15

Jan

Jan

2Q%

Jun

14%

87 %c

(Chas)

Jan

Pullman

Co

Laughlln Steel

Kaiser

Alum

Kaiser

Motors

Kansas

Power

&

(Un)

Oil

Pure

Co

10

RKO

Pictures

RKO

Corp
&

Light (Un)_,
Kennecott Copper (Un)—

Kern

County Land Co

Kropp Forge Co
Lane-Wells Co

Theatres

Lion

(Un)

Oil Co

a24%

(Un)

14% May

Steel
Oil

Reserve

Reynolds
Rheem

•

&

Louis

San

(Un)

1.20

class B

16

,

Servel

Axle

(Un)

32%

Inc

...

(Del)

21c

Jan

Sinclair

Oil

Southern

Calif

Original
4.32 V

4.48V

Mathieson
McKesson

Feb

6 V

class

A

Standard

Oil

Standard

Oil

Co

Standard

Oil

Swift

Co

Ltd

Textron

Inc

Robbins

(Un)

Mfg Co

For footnotes sea page 41.




1

4%

a46% a47%

305

a41% a41%

a47

18

25

4

4%

1,350

Jun

May

2%
27

9%

May

May
Jan

1.15 July

36% Mar
25%

Jan

38% Mar

Tidewater

42%

Jan

64% May

6% Mar

3

Jan

7%

445

4%

Feb

7% July

32 Vb

2,956

22%

Jan

32% July

100

a7

12% July

12%

375

8%

Feb

19%

427

14%

Jan

19% July

44

22%

Jan

34

3% Apr

Jun
Jun

5

5

265

59%

900

23%

2,589

15% May

25 %

Jun

35%

1,665

34 % July

39%

347

26%

33

Apr
Apr

80c

Jan

75c

80

48%

70c

Jan

Jan

May

59% May

21% May

a45 %

a45Vt

105

38%

46% July
27 % May

Tree

15%

1,623

14% May

2ft

2,36

500

1ft Feb

27% July
15% Apr

2ft Jun

al8 V4 al8 %

a27%

86

17%

Juri

21%

Feb

a27 a27 %

706

24%

Jan

27%

Jun

115

a__

215

58

65%
a7

a7

65%
a7

20

7%

—

Mar

a—

65 % July

9%

Jun

Jan

10%

10%

220

Jan

10% July

24%

830

20%

Jan

28%

Apr

a40% a42.»A

Jan

44%

Jun

357

34%

734
420

35% Jan
17% May

com..25

44%

44%

1,661

a41 %

Jan

44%

Jun

a53

——

a53

32

26 Va

26 Va

201

25%

Jan

27

a37 % a37%

——

19

32%

Jan

36% May

a__

—

a—

—

/May

—

28

28

135

26%

Jan

28%

35

35

35

240

33

Jan

35

32%

Jan

Apr

July

35

35

393

10 Va

11%

1,150

Jan

July
14% Mar

17 Va

17%

945

15 7A

Jan

17% July

Jan

35

10Va

8

43 Vs

583

38%

46

Mar

57

57

170

40%

Jan

57

July

a63 %

a61%

i 163%

245

43'A

Jan

60%

Jun

a34%

a33%

s134%

140

34

Apr

61%

62%

1,305

28% Jan
52% Jan

a77%

a78

124

81% May

81% May

43

*

-

25

a77%

»

a26%

—

25

78%

Feb

89

35%

Jan

42

90

22%

Jan

27% May

a47

566

19%

1,735

16%

Jan

20 %

40

20%

Jun

21%

Jan

a47 a47 V4

150

43 Va

Feb

46

Jun

39 Va

664

32

Jan

39 Va July

a67%

a66% a67%

117

58% Jan

65

89% Jan

a9%

80

a9%

10

Co

19

19

19%

528

2

Corp com

33%

33%

34%

605

Apr

19

July
25% Feb

72% May
Jan

89%
11

Jun

23 Va

Apr
Jun

34%
8

Jun

7%

7%

1,249

5%

21%

359

15 %

Jan

21% July

6%

6%

250

4%

Jan

20

20

20 Va

605

6% July
22% Mar

a88

285

45

15,784

1
6%

Film

7%

Apr

21%

7%

1

(Un)

22% Jan

18%

a21 V2 a21 V2

38%

•
50c

(Un)_

14% May

May
May

a94% a95 %

■

—7.50

(Un)

488
368

18%
—

25

....

87%

37%

17%

17%

20

(Un).

87%

37%

37%

.10

64% May

a25% a26%

87%

15

(Un)
(Un)

Century-Fox

38%

20 Va Mar

»

(Un)

Prod

44%

45% Apr

1

(Un)

Inc

6

18%

(Un)

(N J,)

Products

Sweet

22 % Mar

15%

2ft

24% Mar

420

43%

Calif

Oil

Jan

180

27%

a26 a26%

18

(Un)

Inc

of

a46

27 %

43%

Corp

Tri-Continental

".

a26

—

Assoc

Transamerica

1

Apr

18% Apr

/

(Un)

•

a87Va

a87

Co of Calif common

29

44%

44%

& Carbon

RR

Lines

Air

S

States

(Un)

50

1

Rubber

Consolidated

Universal

de

Kamp's

Vanadium

Com

Washington
West

Oil

(Un)

(Un)__^

(Un)

Telegraph (Un)
Westinghouse Elec (Un)
Williston Basin Oil Exploration
Wilson & Company Inc (Un)
W)

535

179

July
60% May

21% May
48% Jan

25

28

Jan

30% May

63

a5%

266

6

Jun

30

Jan

35%

a5%

6%

a37

a35%

a37

51%

50

51%

2,696

39%

Apr

51

56%

56%

57 %

535

55%

Jun

67%

14%

14%

215

13%

Jan

(Un)

__4

a29%
a

14%

May

20

46% Mar

54%

40

27%

al4% al4%

32

14% May

29% May
17
Jan

a60

Feb

9%

Apr

Jun

10

8% Jan

a41

a41

30

36% May

42

72%

6O5

50%

Jan

74%

17c

18c

2,000

14c

Jun

31c

Apr

Jun

9

Jan

Apr

45 %

Jan

45% May

alO

12%
17c

a43%

alO

a8%

10

8%

a43 a43%

268

40%

a8%

*
.10

Jun
Apr

72%

1

10
10c

15

Jun

July

a29% a29 %

a60

*
♦

'

Apr

50% May
118
Jan

60

__10

Lines—

(F

89

25

a

24%

74%

a30% a30%

...

Power

Kentucky Coal Co

Woolworth

a5%

138%

a63 % a64 %

al35V2

Jan

•

America

of

a64 %

72%

38% Jan
112% Jan

5

Bakers

Water

24%

5
10

United States Steel Corp

Van

__

10

1

(Un)

Radiator
Co (Un)

Youngstown Sheet & Tube (Un)
Zen da

Gold

Zenith Radio

Mining

Co

Corp

(Un)

47% May

May

Apr

Jun
Jun

Jan

40% May
15% May

39

2%

Jun

57%

18%

common.

Air

21%

May

51%

50

59% May

•

Union

315

66 %

Feb

a57

Jan

•

(Un)
Gulf SulDhur (Un)

Western

a22 % a23%

Jan

44%

43%

(Un)

Company

Western

a23%

Feb

56 %

19% July

5

Electric

Sylvania
Texas

Jun

10

28%

25
185

35

49

25

(Un)——

48% May

Jan

119

a61

a

270

25

pfd series C

&

Jan

Feb

40% July
34 Va May

110

I—~1
Corporation (Un)
1
Oil Corporation common

40

Jan

170

a53

Studebaker

Sunray
5 % 'if

491

26 %

Feb

Feb

40%

19%

.25

(Ohio)

1200

35%

18%
36%

19%

2

Webster

&

2%

13%

Mar

30% July
31% Jan

23%

(Un)

Oil Co

Standard
Stone

44%

833

Jun

16

682

.1

pfd

6%

(Indiana)

2%

100

83%

345

34%

10

Petroleum

Co

43%

421

Jan

16%

a32% a32%

25

Brands

Standard

2%

15

76

Jun

a52%

25

Corporation

Sperry

44%

35%

87

4%

12% July
Jun

31%

—lis

(Un)

pfd.

84

15

33

23%

__

25

Gas

Jan

5

.

Chemical
&

19%

35%

Jan

19%

*

•

Edison

Calif

66%

a38 % a 39%

Jan

27%

59%

*

,

preferred

Southern

359

35 %

10

80

-5

preferred

a82 % a85 %

a38%

459

20c

preferred

a85

1

July

2,655

a37 % a37%

preferred

Jan

Apr

3

Mar

3%

72%c

"l

Corp

18%

Feb

37 % Mar

12 %

5

•

Socony-Vacuum Oil Co Inc
Solar Aircraft Co

10

•

Menasco

Apr
Jan

8%

126 % May

Jun

19

(Un)

United

Apr

2%

70c

Jan

30%

12%

35%

1

10%

51%

16,275

115%

70

a32% a32%

1.40

(Un)

Co

19V< July

Jun

9%

10

12

7%

a32%

1

(Un)

Pacific

Apr

1.15

Mar

Jun

*
,

United Aircraft Corp (Un).
United
Gas
Corp
(Un)

51%

9%

74

7

31 %

23Va

5

Ry

(Un)_;
& Electric

Signal Oil & Gas class A

Oil

40

1.10

1,815

a60

59%

5

Servomecnanisms Inc

21%

1.15

8%

__

Sears Roebuck & Company

Union Carbide

25

150

2,162

a53% a54%

__

•

Co

Union

Jan

Jan

28% Mar

36% July

36%

a6%

1

Co

Gas

Jan

20'A

20

Jan
Jun

a34%

__

10

Co

Francisco

Feb

503

10

34%

60% May
33% Feb

40%

1

&

Paper

Diego

Union

a25% a25%

Jan

27%

7%

1

Corp

San

Regis

United

2% July

Jan

15

a6%

5

-

St

Feb

21%

Mar

44% July
36'A Mar

8

24

a57

*

Safeway Stores Incorporated
St

Jun

2

Jun

32

39%

16%

,a54V4

•

Tob

(R J)

Spring

Jan

a24% a24%

10

28% Jan

344

1

Manufacturing
Oil

38%

July

72

28 %

1

Gas

Richfield

72

6c

320

1,216

a57

(Un)

Rockwell

Jan

1,100

10

a60

•

Rice Ranch Oil Co

Feb

6c

Apr

30%

a34%

3

(Un)

50c

Jan

8% Mar

Apr
Mar

3

—

(Un)

57%

600

64

a88% a89%

Pictures

37%

8%

41%

Feb

12 %

__

Republic
'Republic

28%

1,731

3%

Jan

62%

19%

45

19%

Apr

38%

39

a32% a32%

a32%

27

18%

3%

42

a29 a29%

__

1

1,006

14%-Jan

6,993

8

31%

50c

a43 a43%

31

3%

3

(Un)

a21% a21%

•

(Un)

Feb

32% July

28

12 %

Aviation

8%
*

Lockheed Aircraft Corp.*

(P) Co

Jun

60%

Jan

a35% a35%

a32%

Republic

260

Loew's

Lorillard

24

Jan

17

124% 124%

12.50

(Un)

a57% a57%

10c

Inc

Jan

54 %

10

a29%

50

(Un)

50
1

7

Petroleum

20%

8

33%c

Corp of America (Un)
Raytheon Mfg Co (Un)
Remington Rand Inc (Un)

a74% a75 Va

6c

1

Libby, McNeill & Libby
Lincoln

Jun

20

35*%

•

(Un)

Radio

33 %c

pfd

35

a64% a64%

(Un)

1.2.50

5%

Chem

Jan

Jan

May

140

a31% a31%
43 %
44%

__

1

(Un)

Incorporated

Mar

11c

"

Jones &

Feb

28c

995

28 Va

1

Phillips Petroleum

Twentieth

—

July

8%

19%

10c

Co..

26

32%

__

•

(Un)

Phelps Dodge Coro TUn)
Philco Corporation (Un)

U

Jade

3

Jan

3%

100

Penney (J C) Co (Un)

Railwav

Apr
Jan

25c

Imperial Development
Intercoast

Jan

May

a43 % a43 %

a31%
44 Ve

Warrants

Illinois

15c

30

•

Pacific

28%

1
6%

Hotels' Corp

19%

a62% a62%

25

(Un)

Southern

80

9 %

144

5

Preferred

Hilton

lVa

325

32% July
31% May
7% July

a54% a55 %

3%

(Un).-

World

Pictures

Paramount

Southern

Jan

200

1

1

Feb

440

1,330

a23% a23%

4

July

1,777

1

A

6%

7%

2%
21%

20%

10

common

10% July

80

25

class

Co

Jan

913

a43%

Pacific Western Oil

Texas

Hancock

25%

34%

10

Company

10%

3

(Un)

175

34%

1

Calir

25

Corp

31%

32%

Petroleums

Southern

a32 % a323A

80

—-1.

(Un)

com

new

Jan

__

a54%

common

Southern

a32%

*

com

Chemical..

&

a50 a51%

a50
46%

5
.-.10

(Un)
Grumman Aircraft (Un)
Gulf

40
109

*

Co

&

Oil

a23% a233A
a31 Va a31%

50c

•

-

Goodyear

a23%

10

Co

of Calif common

pfd

Goodrich

Great

&

May

21

4,500

25

Pacific

23% May

24%

?

20

Co

17

302

15c

25
.

Lighting

46% July

a31%

5

(Un)

Jan

672

7%

*

Indemnity Co

Bacific

Jun

a6'A

*

(Un)

Feb

20%

18%
32%

2%

10

preferred
red
pfd

5 %

Pacific

41% Mar

41% Mar

70

Feb

14

5

common

17 %

15c

10

Jun

9%

a47»/4 a47 %

3

com.

Apr

15c

100

common

Oil

1

Coro

Corp

General Public Utilities

Jun

16

l

Corp
Elec

Seaboard

16%

18%

•

__

2.50

31%*

7%

(Un)

Products

Pacific
Pacific

Finance

a

5

(Un)

(Un)

Motors

General

Com

Co

Corp

General Foods

Jan

18 %

12

Industries

60

1

(Un)

...

1.85

32%

__

2%

1

Seaboard

50

2

Inc

Co

Corp

32

1

4.88%
(Robert)

18 V4

50

56%

1

(Un)

Scher.ley

780

a6 V4

oarrett

20
100

21 %

(Un)

Jun

10%

1.10

0

Gair

221

2.25

al6% al6%

1

Co

41%

16% al63A

10Va

1

class

July

40% July

67

2.25

1

Petroleums

a

#

Fedders-Quigan Corp

67

Jan

Jan

Jun

all % all%

5

(Un).

Jan

67

a41% a4l%

1

22

Jan

a39 % a40 V4

5

&

67

50c

(Un)

26% July
58 % Jun

Jan

a-59% a603<4

26%
a59%

3

Radio

Jun

(On;-

Sapphire

Emerson

23

1

21V2

Jan

17 Va

a69 % a 69%

5

50c

18

Jan

*

Industries

Jun

12%

17

a45%

14%

377

10

Co.

16%

18 y4 May

al4% al4%

1

50c

(Allen B)

JUn

3b V4

1

Chemical

DuMont

65% July
102

335

i-*

Douglas Oil Co of Calif—
Dresser

Feb
Jan

1,079

5

com

Jan

1
10

Pennsylvania Railroad

5%

Inc

Aircraft

56%
bu

Jun

48 Va

(Un)_^

Co

39 V4

May

5Va

50c

_

(Un)

Records

a40

48 Va

*

Corp

20

Co

Co

a__

34

19'A

30

25

(Un)

(Un;

Curtiss-Wright Corp

&

a

60

1

Class A

127

550

1,169

(Un)

Deere

July
10% July

8V4 Mar

35

35

a96

Continental

Decca

300

a22 % a23%

2o

Zellerbacn

'

65 %

(Un)

Crown

»

53 y4

63%

Continental Can Co

j;

Feb

*

(Un)

of

Consolidated

j

49

a95 V8

•

(Un)

Consolidated

I

100

1

Solvents

Consolidated

a58% a59 %

•

(Un)_

25

—

•

(Un)
1

System

Commonwealth

Jun

59% Mar

Jan

Apr

10

Iron

&

28 V4
a

—

50

17

25

Molybdenum

Colorado

Jan

a—

;.

14% July

35

25

Chrysler Corp
Cities Serviqe (Un)
Clary MultiDlier

28
100

a25% a26%

1

Chesapeake

Chicago Corp
(Un)__
1
Chicago Milw & St Paul pfd (Un)__.100

(Un)_;

-

14%

10%

i

,

62

% a56%

22'A

•

Ohio Ry Co

a55

14 Va

j

or

22%

125

al%
'

(Un)

Vought

July

6V4 Mar

'

a26% a27V«

1

Aircraft

Chance

28%

4

10

(Un)_.
Tractor (Un)

Celanese Com

28%

25

vtc

Co

.

caterpillar
Cessna

J

5
2

.

Canadian

a21% a21%

21% May

9%
10 V2

Pacific

% California

a21%

Aircraft

10

;

43% May

__5

Pacific RR (Un)

al3%

9

(Un)

Feb

July

JUn

9%

Mar

North

:i

preferred
Corn

38%

(Un)

oeiiLiwi

Northern

9%

a 65

354

1

Nordon Corp
North Amer Aviation Inc

1,412

a82Va a83!4

a43

Lines

Mining & Chemical

iuu

12%

a 64%

a82V8

10

Mills

5 y4

Jan

J*/a

New Idria

11%

a64%

5

Apt

I65

a42%

3

Gypsum (Un)
Suppiy (Un)

H3/4

15

2.20

a42%

1

National Disiilleis

13% Jan
59 3A Jan

a

High

Jan

♦

Co

City

10

(Un;

preferred

60c
■J-

:

Stores

Budget Finance Plan

Burlington

10 Va

a46%

1

(Un)

Corp

j Broadway-Hale

10 %

5

_

1.35

July

Jun

131

1,700

2

(Un)

"750

18

Montgomery Ward & Co Inc (Un)
Motorola Inc
(Un)

Jan

11%

National Theatres
Blue

18

5

Jan

1

12c

Low

1.95

18

Utilities (Un)

12 %

82

12c

Montana-Dakota

13

10%

11%

Feb

3.50

1.85

10

16

71%

2

Mississippi

Range Since Jan. 1

High

1

River Fuel

Jun

Low

16%c

;

(Un)

Jan

8

%

•

Petroleum

Jun

140

1,003

1

Merchants

Merck & Co Inc

July

11

12

11

82

50c

Corp

Mammoth

800

Jan

10%

10%

5

Mining

Bishop Oil Co
Black

11%

2.85

1,150

Jun

24 Va

uan

12

20c

Steel

5

3

11

10

common

Cons

Bethlehem

2.95

3

1

Aviation

Benguet

a958

Co

t

Par

a3%

(Un)

Sale Price

High

a958

Co

Bros

Oil

Law

13

RR

Petroleum

Bandini

Bankltne

High

__lc

(Un)

Ohio

&

Low

Last

STOpKS

Range Since Jan. 1

50

6c

8,000

a70 a70%

60

110

$20,000

5c

...»

a70

1972

110

40

8c

Jan

4c

Mar

65%

Jan

69

July

July

110

July

BONDS

Feb

4% July

a45% a45%

•
luc

Union

Oil

Debs

3%s

107

106

The Commercial and Financial Chronicle

3*

.

.

.

Monday, July 12, 1954

(186)

OUT-OF-TOWN MARKETS

!

JULY 9

RANGE FOR WEEK ENDED

Week's

compilation »f th# round-lot transactions

a

Week's

Sales

Last

Range

for Week

of Prices

Shares

STOCKS

Sale Frice

1

Range Since Jan.

Steel

Acme

Admiral

Co

Corp

Mfg

Brass

(Un)._.—

Alleghany Corp

Mfg

Chalmers

—

(Un)

American Airlines

—

22
21%
8%

8%

.

3%

--

58%
14%

394

31%
58%
13%

—

-*
20
1

Laboratories

Allied

22

—50c
——1

-

44%

44%
21%
21%

__

——5

Castings

Aluminum

Advanced
Akron

Allis

5
10
1

Laboratories

Abbott

31%
58%
14%

42% July

200
900
1,700
100
200
100
300
1,000
2,800

Apr

Jan

22%

Apr

20%

18% May
7% May

Cyanamid Co

American

—

American Investment Co fill)
1
American Machine & Foundry ———7

i—

■

11%

(Un)„—5
American Tel & Tel Co
100
American
Tobacco
——...—
25
Amurex Oil Dev class A common.5
Rad & Stand

San

18% 189s
167 % 168%
57
57%
9%
9%

—

168%
,—

32%

Jan

18 %

Jan

11

Jan

15%

29

29%

205

19%

Jan

29% July

83%

85%

300

64%

Feb

85% July

Feb

2%

2%

2,100

Feb

2%

500

2% July
2% May

3%

2%

3

Jan

7%

7%

500

7

Jan

7%

Feb

11%

11%

400

9%

Jan

11% May

17% 17%

300

15%

Jan

17% May

__

45%

Jan

58% July

Laclede

Gas

11% May

14Ve July

Lamson

&

Armco

50
—10

(Un)

Mining

Copper

(Un)

Steel Corp

common,.—

5

Ashland

$1.50

1
*
__50
—4
10
3

12%

(111)

Co

preferred

2nd

conv

Atchison Topeka & Santa Fe

Athey
Products
Corp.—
Atlantic Refining Co—

Corp

Mfg

Avco

9% 10%
12%-13
24% 24%
113% 113'/a
6%
7
32% 33
4%
4%

9?a

Oil & Refining common

&

Armour

40
49%

39%
46%

40
49%

Jun

La

—

113%
6%
—

—

48% Jun
48%

13
Bastian-Blessing Co
*
Bearings Inc
—-50c
Belden Manufacturing Co
10
Bendix Aviation' Corp
——5
Benguet Consolidated Min'g Co (Un).lp

—

81%
\%
4%

...

...—.—1

Brewing Corp..—.

Berghoff

*
1

(Un)

Corp

Bethlehem Steel

Binks Manufacturing Co

22%
80%
j;[
4%

—

25% Mar

Lincoln Printing

27%

Apr
Jan

Mfg class B

—

18% July

169% May
65y« Jan
14

Jan

40

July

33%

Jan

49% July

8%

Apr

10%

Feb

14%

Jan

26%

Jan

11%

Jan
Jan

23

92%

Jan

28 %

Jan

4%

Jan

8% Jan
46%

7%

Jan

Jan

1% Mar

10%

Jun

Jun
Jan

3

Jan
Jan

16

I

Burton-Dixie

Muter

common

4%$

preferred

Canadian

Pacific

4%

Jan

National
National

Biscuit

Carr-Consolidated

Corp

Centlivre
Central

&

Central

Illinois

Corp

West

South

National

Lead

Apr

Corp common

preference
Chesapeake & Ohio (Un)
$1.40

Corp

Chicago

Jun

12%

Feb

National

75%

Jan

85%

Jun

New

51 %

51%

50

50

Apr

54%

10%

Jan

13%

Jun

15%

Jan

20% May
19 %

Northern

20

Northern

States

84

Fesb

90% July

Northwest

21%

Jan

28%

Jun

Oak

1%

700
800
250
800
100

26 Va

27

Vi?
21%

5«
22%
2

2
25%
22%

26

.—-—1
•
RR.12.50

—>

11
—

4%%

Iron

Cliff's

Cleveland

(Un)

Edison

Commonwealth

common

convertible preferred
convertible preferred

$1.40
$1.32

Continental

Corp—1

Motors

Curtis-Wright Corp
&

Deere

Company

Dow
Du
Du

Chemical

Mont Lab
Pont

Kodak

Eastman

Eddy

Paper

Radio

Emerson

*
5

(Un)

30% July

33% Mar

36%

102

10%

Jun

10 %

July

12%

Feb

108

56%

Feb

66

General Finance

General

Foods

Jan

20%

Corp
Corp

v

79% Mar

100
3,200
4,700
lft0
300
200
300

3,300

24%

Jun

28

Gibson

new

Refrigerator Co

Gillette

(The

Glidden

(Un)

Co

Goldblatt

14% July

37

Jan

41%

Jun

37%

Jan

41%

Jun

37%

Jan

41%

Jan
Jan

7%

Jan

Co

(W H)

Jan

42 %

_

Great
Greif

Oil

Lakes
Bros

Chemical

&

11%

9%

Jan

143%

900

104%

Jan

143% July

25% 26%
60 Va 61 %
170
172
11% 11%

1,400
1,000

22%

Jan

26% July

20

127%

200
•

11%

11

7%

1

__

11

72%
80

77%

80

40%
34
__

52%
2%
51%
46

40
34

6%

11%

61%
34%
11 %

__

67%

__

—

1%
__

1%
__

Western

Brewery

Corp

2

12
10%

25

Griesedieck
Oil

__

*
3

54%

Hein

1

Co

Corp
Brewing Co

Harnischfeger
Heileman (G)
Werner

Corp

Hibbard Spencer

—

Bartlett

& Door

Huttig Sash
Illinois

Brick

Illinois

Central

common

10

Co
RR

Steel

Interlake

1

■'

46%

Jan
Jan

9% May

61%

Mineral

International

Shoe

Chern'o?.'

&

Packers

International

Ltd

11%

850

International Tel

& Tel

Interstate

Illinois

Iowa

Power

Gas

&

&

Light

For footnotes

(Un)

237%

9%
44
—

12%

9%

9 % May

Jan

12

Regis

Co
see




page 4L

42%

300

50

500

23%

23%

67%

66%

68%

1,200

42%

41

42%

600

25%

25%

25%

60

25%

Feb

5%

5 %

200

4%

Jyn

70

3

3

Jan

44%

34%

Jan

51% July

22

50

Apr

30

2

Jun

Jan

Apr

3% Mar

56%

Jan

68% July

31

Jan

42% July
27

Jan

6% Jan

500

17% Mar

20

18 %

18%

600

16% May

20%

54%

54%

200

38%

Feb

54% July

33

32

33

350

28%

Jan

34

4

300

20%

20 %

21%

900

18%

Jan

26

Feb

33%

33%

100

20

Jan

35

Jun

19%

20

18%

20

3%

3% Mar

Jun
Jan

Jun

4% May

Jan

54%

Jun

Serrick

2%

Jan

2%

Jan

Bignode

53

38

48 %

Jan

II

57%

Feb

73

Jun

4,900

59

Jan

80

July

May

9%

Oil

Sinclair

Jun

May

Spiegel

300

46%

Jan

100

30

Jan

63% July
35% Jun

250

11% Mar

12%

67 %
9%

100

53%

67% July

300

100

10%

10%

700

45

54%

1,100

4

21%
23%
9%
44

24%
12

4%

1,300

21%

1,050
450
550
350
300

23%

9%
44
24%
12%
48

1,000
400

Jan

7%

9

% May

1% Jan
18%

Jan

1% May

1%

19%

18%

19%

900

16%

Jan

43%

Apr

43%

500

Jan

20% May
43% July

62

62%

400

54%

Jan

67% May

30%

30%

300

27

Jan

30 % July

3

3%

6,500

3

July

4% Jun

12

12%

1,400

9% Jan

12% July

17%

17%

100

13% Mar

20% Mar

17%

17%

250

15% May

19

3%

Jan

4 %

800

38%

14

9% Jun
Jan

15

May

22%

Jan

25 %

Co

Texas

Apr

Texas

10

Jan

Thor

Jan

9%

%

18

44

July

Toledo

Jan

25

Apr

Trane

Jan

26

15

Apr

18% Feb

13%

Jan

16% Mar

12%
25

16

16%

700

15

15

15%

1,200

31%

30%

31%

900

30% July

377/a

40%

40%

41

500

31%

Jan

41

34%

35%

700

28

Feb

35% July

60%

50

600

54%

Jan

67% May

38%

500

36

Jan

38%

Apr

54%

100

41%

54%

Jun

30

30

60%

38

30%

1,300

Jan

28 y* Jan

7

100

3

Jan

7%

600

4%

Jan

7% July

Jan

32% July

31%

31%

32%

3,600

22%

10%

10%

12%

1,000

8%

Jan

12% July

19%

18%

19%

700

14%

Jan

19% July

59%

59%

60

600

47%

Feb

35%

34

36

2,200

33% July

40% May

21%

22%

2,750

21% July

26%

28%

1,200

20% Mar

28% July

25%

300

23% May

25 Va

Jan

22%

Jan

Co

10
1.40

n—

Co

&

Jan

18%

500

15%

65%

200

57% Mar

65% July

10%

10%

150

10% July

14%

21%

20%

21%

1,250

16% Jan

21% Apr

41%

40%

41%

2,300

32%

Jan

44% May

3,050

5%

Jan

9% July

1,300

35%

5

8%

9%

Apr

9%

43%

43 3 4

Jan

45 %

25%

850

24%

Jan

28

Jun

17

18

3,600

15"%

Jan

18

July

42%

18

43

200

36%

Jan

Gulf

California

of Indiana..

7%

7%

500

6% Mar

8

Jan

1%

1%

400

1

May

2

Jan

62%

300

53

Jan

200

77%

78

68% Jan

83 %

88

15
L

(Ohio)

Co

Edison
Co

86%

88%

1,100

72%

Jan

90

Jun

38

38%

600

32%

Jan

42

May

38

10

1

5

9

May

29 Va

60% July

Truax-Traer

29

20th

20%

300

19%

Feb

22

Jan

11

950

9%

Jan

11

Jun

14 % May

22 %

Jan

1
1
*

18

18

100

39%

39%

400

32

Jan

39 Va

Jan

29%

Jun

Apr

28%

27%

28%

2,100

18%

18%

19

1,700

16 %

Jan

20 %

47

47%

200

41%

Feb

47 % May

67 Va

67%

300

57%

Jan

74 Va May

65%

66%

400

40%

Jan

66% July

19

19 %

850

17%

Jan

19 %

25
25
_

27 %

May

100

10%

Apr

34% May
13% July

Union

Carbide

100

38 %

Jun

40 Va

Union

Oil

of

Corp

(Un)

&

18%

19%

13%

Jan

19% July

United

Air

12%

100

10%

Jan

12% May

United

32

700

29% Jan

32

U

—

26%

26%

100

25

28

Apr

U S

Steel

Corp

1.900

12%

Jan

14 % July

1,100

36%

Jan

67%

Jan

35%

34%

♦

Corp

Inc

(Un)

10

common.

_

5
_•

1,100
200

25%
2

Feb

15%

Jan

13

Apr

3

Jun
Mar

21% July

-

45%
24%

16%
20

100

19 Ye

Apr

22 Va Mar

62%

62%

21%

16%
20

62%

100

59

Jan

62% July

86%

87%

200

70%

44%

45%

1,100

38%

22%
171

20
_

200

2%

Jun

21%

16%

•
25

34%

2%

2%

1

States Gypsum

31%

•,

14%

66%

1

Carbon

12%

Lines

14

65%

1

California

Co

Apr

14 Va

65%

1

common

32

Rubber

65%

2

*

S

.10
5

Salle St Corp

13%

_

•

Co

.2

Coal

40

Apr

5

15%

1

Tool

(Un)

Century-Fox Film

13%

Feb

20%

20%

(Un)

Corp

40

10%

600

Corp

Co

Continental

Apr

9%

9

9

10%

(The)

Jan

64% May

62

25

(Un)

N J

Tool

Jan

-

45% Mar

62%

•

Producing

Mar

July

Apr

"7%

2

(The)

26

Jun

Feb

25

43 %

*

(Un)

,

I

5

Corp

Power

208 So La

Jan

65%

(Un)

Machine

41%

Jun

Jun

18%

Works

Trav-ler Radio Corp

32%

9% July

1
1
•
1
15

Oil

8%

*

.

common..

Transamerica

Jan

Jan

24%

Jun

28 %

Jun

60

12%

Jun

2,500
400

July

7

7

7%

27%

13%

Tri

30% Mar

12%

48%

Jun

Feb

July

28%

Jun

May

Jun

54%

38%

12
5

Co

Apr

Jan

20%

1,700

12 %
25

16

12%

Feb
Jun

44

4'/a July
12% July

2%

14

Corp

Oil

Sunray

Mar

Apr

10% May

July

Corp

Sundstrand

Jan

60

22%

Apr

4

12

Container

Jan

37

*•

1,800

Oil

Sunbeam

Jan

3% May

21%

12%

12%

Railway Equipment

17%
8

3

22 Vo

Stewart-Warner Corp

20% May

Jun

46

62%

1%

Btudebaker

16

11%

32%

1,800

49

Jan

Standard

Stone

32%

19'%

15% Mar

Jan

.

Oil

26% May
2% Feb

31%

34%.

Jan

40%

19

common

Standard Oil

Feb

400

33%

13%

650

100

Pacific Co

Inc

Standard

10% Mar

700
2,800

13%

1,600

100

Standard Oil of

Jan

28%

—

15%
48

9%

(Un)

Warrants

Jun

28%
60%

__

14%

47%

19%

Lathe

Co

Southern

May

1,600

15%

9%

Corp

Bend

37

19% 19%
11"% 12

63% Mar

19%

Vacuum

Socony
South

44

400

27% May

9%

Society Brand Clothes Inc

.July

Jan

26%
1%

Jan

53% July

May

33% May
4% May

26%
1%

20

100

47%

*
10

Steel Strapping Co

31%

700

100

53%

19%

class B

Corp

1,550
500
700

1%

24

53%

5
5

Electric

41
34%
6%
63 %
34%
11%

100

24

*

Roebuck

Sears

38 %

28

•

42%

Co

Paper

Sangamo

7% July

Jan

45% May

1%

47 %

3.50

Electric...

May

22 %

18

Co

Power

Iowa

Feb

70

,

Paper

Raisin

6%

800
200
200
100
3,300
300
100

28%
59%

*

3% Feb

Jan

49 %

1
1
•
5
50c

Bt Louis Public Service "A"
St

28

..**

Jan

-7

42%

5

Rockwell Spring & Axle

Jun

28%
60%

...

Co

5% July

23%

*

Corp

Bros

Richman
River

I

•

International Harvester

38 %

600

50

July

•

Co

Jun

55%

*

Republic Steel Corp (Un)
Reynolds (R J) Tobacco class B

Jun

172

•

Co

Steamship

International

4

21%

*

new

Indiana Steel Products Co
Inland

10
1
3
25
10

2%

200

3
*

Swift & Company

Hullicrafters

12% July

69

69

12.50

(Un) „—
RKO Theatres Corp (Un)—
Radio Corp of America
(Un)
Raytheon Manufacturing Co
Remington Rand (Un)

Apr

11

138

—

1

A

(Un)

Corp

Gulf

class

Cooperage

Greyhound

Jan

3,700

1

(Un)

Company

Pictures

RKO

July

46%

•
•

Graham-Paige Corp
Great Lakes Dredge & Dock

8% July

10%

2%

33%c

Standard

Gossard

Apr

6

50

Quaker Gats Co

35% Apr
10'% July

7%

33%

—

•
•

49% July
60

6

5%

10

A

class

Corp

Pulman

9% Mar

29%

42 %
11%

•

preferred

Inc

RR

Jun

1,000
1,400

52%

8

Bros

Goodyear TJre & Rubber Co

Apr
Feb

2%

*

Dodge Com (Un)
(Un)
Phillips Petroleum Co
Public Service Co of Indiana

13% July

7%
53
2%
51%
47%
11
72%

1
*

Co

i

41%

5%

...5
25

common

prior

conv

Controls

Philco

30% May
32% July

,

5%

Co

Pepsi-Cola Co (Un)
Pfizer (Chas) & Co

Mar

12% Jan

Jan

42

Coal

Phelps

Jan

11%

6
com—20
1

Package Corp

General Telephone Corp

Jun

51

2%

Airways (Un)—1
class B_
—2

Co

Pen

Southern

General

6%

50

200

•

(Un)

Motor Car

Pennsylvania

Jun

Jan

Jan

•
5

Corp common—

Motors

700

12%

10

Electric

Jun

17%
72%

25%

13%

(Un)

Schenley Industries (Un)

General

1,200

12%

American World

Penn

Jun

10%

—

.

25% Mar

60

12%

1
12
*

Co

Co

Co

Peabody

Mar

150

.

Oil

Parker

1

Feb

12

1,400

10%

(Minn)

Power

Bancorporation

Edison

Packard
Pan

Feb

27% May

28%

—

Inc
1
—5
General American Transportation..2.50
General Box Corp
1
General Dynamics Corp _.—.—
3
General Electric Co (new cpm)
5

Jan

24

47%

1,200

10
100
com—5
10

Patterson-Sargent Co
Jan

600

—

10

Auto

Jan

200

_'/

Drive

3%

30% July

200

26%
60%

Gamble-Skogmo

17

23%

.1

(Un)

Aviation
(Un)

Oklahoma Gas &

23% May
7% July

30
1,600

•

Four-Wheel

31% July

26% May

Jan

30%

—

Phono

&

Jan

19%

32%
13%

11%

5

(Un)

Co

Corp

23 %

32%

42

1
10

Inc

Air Lines

Eastern

(Un)

Ohio

30%

13%

5

de Nemours

Ohio

2% Mar

500
1,300
400

8%
33%

9%

Jan

22% July

Jan

__

(Alan Btclass A—10c

Inc

8%
33%

Apr
Apr

30%

10

Co

(EI)

8%

10%

——20

Corp

Manufacturing

Dodge

39%

__

10

common

Detroit Edison Co

Jan

8%

1

(Un)

RR

Manufacturing

%
2

19

26
14%
40%
39%
40

39%
—

1

(Un)

25%
14%

Jun

Mfg

&

Central

American

North

July

Tile

York

16%

25
500

35

40

—

25

Co common

Crane

14%
40%

5
•
25
25
25
1

Co Inc

Coleman

20
77

1
^.100

common

preferred

Columbia Gas System

107
63%

—*
25

Chicago Towel Co common
Chrysler Corp

30%

23% 23%
10% 11%
10% 10%
107
107
63% 65%
20
20 %
77
77%

—

Chic Milw St Paul & Pac common

Chicago So. Shore & So. Bend

400
1,500
800
600
400
1,000
100

26
23
7%

7%
30%
34%

7%
—

common

24%

5

Pacific Ry

11%

Apr
Jan

13%
20%
19%
19%
90%>

—

.

900

1

North American Co

16%

13%
20
18%
19%
90%

—

25

31%

41% May

Feb

-ft,
217a

conv

29%

8%

5
10
1

Co

11%

—

10
1

Service.

Public

111 Secur

Central

—

of

America
Brewing Corp

Celanese

Jan

♦

Cylinder Gas
Distillers Prod

18

400

—

25
1
•
50c
5

(Un)

Jan

4

8%

*

Co.

71% July

300

12%

—

12.50
15
100

Corp

Butler Brothers

32%

500

4

Jan

82%

12

13%
i_

1
5

Burlington Mills Corp (Un)
Burroughs Corp (Un)

200

60

Inc

—

-♦

Brach & Sons <E J)

Jan

July

6%

46%

Muskegon Motor

82%

12%

5

...—

151

38%

24

3
Special conv class A_*
Company
50c

Motorola

Apr

82%

.—5

Fisheries Corp

Borg-Warner Corp

Jan

17%

Jun

31%

*

Chemical Co common

Montgomery Ward &

81% July

50%

Jan

10

Manufacturing Co

Monroe

1% Mar
24

Jan

900
100

15

89%

25

Missouri

Jun

53

Jan

4%

100
300

6%

*

Mississippi River Fuel
Portland Cement

5% Mar

61

%

15
151

1

Minnesota Min & Mfg

May 1

36

21

2,300
2,200

10

113% July

Jan

6%

39% May

Apr

1

Co

Brewing

19% Mar

Jan

8%

-1

Hart Inc common

&

Minneapolis

Feb

38%

38%

—4

Brick Inc
...:—
Mickelberry's Food Products —
Metropolitan

Miller

16%

4

200

142

5
*

Cement

100

9%

~6%

—-*
1

&

Portland

Medusa

151~

*

Co
Martin (Glenn L) Co (Un)
Mathieson Chemical Corp
Field

Marshall

Feb

29%

Lonergan

18%
39%

9%
15

1/

Co common...

National Standard Co
Booth

18%

1

Jan

Feb

9% July

Jun

39%
9%

*

18 Va

Lindsay Chemical Co common—
Lion Oil Co

71%
18

70
18

—

17%

7

McNeil & Libby

Libby

11%

*

———

Feb

13%

700
200

U

common

Jan

156%

50
100

52
1%
23%
81%

1%

—

Co

&

—

21%

100

9%

9%
52

9%

(Un)

Co (Un)
Sessions Co

$2.50 preferred

Apr

Modine

Baldwin-Lima-Hamilton

*2%

5
4
10
*

University

Salle Extension

23 %

1,300
1,900
1,900
3,800
100
200
700
500
200

85%

21% July

Feb

i

Anaconda

Lime

Island

32

55% July

36% July

May

1

Co

Drug

Jan

11 % May

58% July

100

25%

200
1,100
1,900
2,200
200
300

Jan

200

Kelley

6% July

Feb

47

300

Jan

36%

100

15

Jan

43 % Mar

58%

36%

3%

400
800

47

*.«.

-5

Corp

Motors

American
American

48
45% 47
24% 24%
25 % 25%
11% 11%

47%
47

12.50
10

.

42

21%

Leath

Co

Can

American

Jan

15

4%

4%

20%

21 %

Katz

21% Mar
10

100

36 %

Kansas

48%

High

Low

24%

58%

Chem

&

Range Since Jan.1

High

24%

& Transport
1
Kennecott Copper Corp (Un)
•
Knapp Monarch Co —.
.
1
Kropp Forge Co
33 Vic

High

l.ati

High

Low

i

24%

5% con pfd—50
City Power & Light
*
Power & Light (Un)__
8.75

Alum

Kaiser
Kansas

Par

__10

(Un) —

Laughlin Steel

&

Shares

Low

Par

Jones

Friday

for Week

Last

Sale Price

only

Sales

Range
of Prices

Friday
STOCKS

Midwest Slock Exchange

25
171

37

35%

37

50%

50

51%

2

900

18

Feb

Feb

87%

Jan

50

21% May

25

May
July

Jun

Mar

171

July

800

29%

Jan

37

July

5.5»Si

39%

Jan

51% July

100

126

y

Volume) 180

Number 5341

.

.

.

The Commercial and Financial Chronicle

(187)

OUT-OF-TOWN MARKETS
RANGE

Friday
STOCKS

Week's

Range

Van

Dorn

Iron

Inc

common

10

200

24 %

700

42%

Feb

75

Jun

26% Jun

Jun

72%

200

24

200 f

21

33%

300

143/4

300
30

Feb

ACF

14%

78%

78%

16%

163/4

31%

Laboratories

Industries

Admiral
Air

10

)

Co

27%
13%

Feb

34"%

Jun

Allied

Jan

143/4

Apr

77%

Apr

78% July

Aluminium

American

&

Dye Corp

1,200

14%

Jan

ilin>

Can

Co

43%

Feb

28% May

31%

Feb

19

Jan

20% Mar

American Factors Ltd

40%

Apr

45%

American

43%

800

Jan

Cvanamid

Motors

5

9

5

100

8%

Apr

11

700

383/a

Jan

46

200

65% May '♦

Week's

class

At

S

S

Range

Stores

Co

American

Tel

Tel

•

Tel

Tel

&

Viscose

100

Corporati°n
Atlantic

City

Elec

Chrysler
Curtis

(par

now

2,938

155%

Jan

170%

288

19%

Jan

22%

Jun

34%

373

29%

Jan

34% July

$5)

Co

405

6

870

12%

13

62%

66

1,930

7%

7%

__

1

29%
31%

7%

Jan

4%

232

64%

Delaware Power & Light
common—13%
Duquesne Light Co
10

8%

Finance

Co

Garfinckel
4%%
Geneial

of

Battery

Amer

13%

185

43 % Mar

14%

11%

11%

356

14% May

a51

a51

15

11% July
35% Mar

18%

18%

611

13%

18% July

common,

Apr

8%

convertible

preferred
Corp

Motors

Blair

Jan

Boeing

29%

29%

129

27%

Apr

1,921

28'/a

Jan

31% May

24%

24%

344

23

May

27%

41%

30

41

May

42

18%

18%

25

19%

80'%

19%

15

77%

80%

2,721

*° KT0in«mO»
Navigation

15

Lehigh Coal &
(Glenn

Merck &

Co

10

L)—

1

IncT

I6%c

221/8

213/4

22%

425

8%

'

8%

8%

18

Mar

18

Apr
Jan

24%

23'/a

18%

24%

17%

282

18%

1,168

29%

Jan

37%

1,776

156%

Jan

169%

1,044

55%

Jun

65%

Jan

35%

35%

370

31 %

May

37'/a

Jan

a20% a20%

40

15%

Jan

a20%

50

39"%

Corp
Pennsylvania Power & Light
Pennsylvania RR
Pennsylvania Salt Mfg
Pennsylvania

Water

Philadelphia

&

Electric

.j'y nreference

Philadelphia

1
•

com

50
10

Power

com___»

•

common

common

•

Transportation

Fe

(Un)

50%

preferred

50

5

__

series

Service
div

Riggs

B
El

(Un)_

Jun

100

10

(Un)

16%

Jan

25

17%

Jun

21%

Gas

Paper

35y8

Jan

50
•

15% Mar

18%

1.165

38

50

20

Mar

35% May

37%

3,849

32%

25%

191

23%

Jan

Co

com

•

6%

7% '

2,425

4

(Un)

8%

9y8

2,419

5%

726

28%

Jan

18%

9%

2,256

16%

Jan

43%

25

42%

Jan

45

894

25%

50

25%

Jan

26%

Jan

100

380

Co

•
•

Corp

380

5

365

Mar

97%

96%

98%

539

69%

Jan

74 y4

73%

75

167

68%

Jan

1

United Gas Improvement

13%

5%

5%

35

4%

Woodward

Gas

Light

Lothrop

•

common

34

Mar

'

Oil

of

Co

5s

series

Co

4s

28% May
400

Jan

100% July
76% May

36%

334

33 y8

Jan

A

1975

5% May
Feb

963

30%

Jan

34

Apr

31

10

28'%

Jan

31

Feb

73

$1,500

70

81%

82

10,300

80% May

May

j#

1

1,000

U

Feb

71

71%

519

50%

Jan

71 %

10%

11%

1,978

10

Jun

11 %

4

3%

4

40,461

46%

46%

767

a65a65%

66

12"%

76

Last

Sale Price

Feb

Allegheny

Ludlum

Blaw-Knox
Clark

(D

L)

Columbia

Co

Equitable

Gas

Harbison

Walker

Joy
Lone

Star

11% Mar

13%

150

16%

Jan

20% May

425

17 %

Jan

22% July

3

Natco

Co;.

__

Gas

Supply

i__

Toy

&

Axel

Mining

for

35

Apr

Jan

22

July

Air

9%

Feb

9 %

July

123/4

Jan

14%

Electric

footnotes

Corp

see

page 41.




150

3

4

July

19%

775

14%

Jan

29 Va

1,173

22%

Jan

Mar

20 % Jun
29 %

July

2

4

4

1,025

3%

25

26%

27

362

21%

Jan

28

10

583/4

58%

387

45%

Feb

a21% a22%

115

16"%

Apr

58% July
21% July

»

a21%

J

Jun

6-ft Mar
Jun

50c

90c

Jan

26% May

28%

Jun

936

33 Va

a39%

a39%

36% May
45% Jan

1

<Un>

(Un)
Co

Chemical

a40

124

04%

65"%

1,336

Feb

66 y4 July

94%

95 %

387

81%

Jan

104 % May

47

47

47%

398

42

Jan

50y4 May

—

16%

16%

447

15% Mar

18% May

48

—

10

__

3%

System

Natural

Continental

of

37% May
56 %

Crown

"A"__

First

N

Y

Co

Nat'l

Dow

du

Pont

Co

de

a8%

a8%

64

64

167

61

212

72%

—

5

—

(Un)—25

:

_______1

—

1

com—5

Co

56

102

76 %

9% Mar

Jan

100

24

71% May
75

Jan

Apr

7

62

Feb

35

20

8

14%

64% July

Mar

594

100

42-m

Jun

45% July

*

Mar

8%

50

866

62

355

Apr

102%

Jun

48% July
24% Apr
8

Apr
Jan

Jan

10% Mar

13%

Apr

62

Jan

64

Apr

36%

21

803

Feb

45

May

15%

Feb

5'/a

900

42%

437

33 %

Feb

42% July

all all%

al38

5%

42 %

__

all%

(Un)—25

175

7%

ia

5%

5

Jan

10%

—

10c

41%

10

14V4

—

870

v

Jun

10%

Feb

7%

42

•

7%

50->

48%

a24% a25%

10%

.

1

&

a24%

101

47%

Apr

90

Apr

all % all %

64

a76%

25

(Un)

41%

Jan

a76% a77%

1
5

common

% Apr
14% July
17% Feb

Jan

64%

(Un)

Nemours

59

64%

25

Bank

A

37

40

88%

—

(Un)

America

class

622
543

40

87%

45"%

Calif

Chemical

Mont Lab

Jan

15 % May

45%

*

Douglas Oil of

12%

275

45%

Corp common..

Fields

Jan

1,042

17

•

(Un)

Giorgio Fruit Corp class B

$3 preferred
Dominguez Oil

88

(Un)__15

Publishing Co (Unl_
Curtiss-Wright Corp
(Un)

Di

44 %

14%

all%

;

(Del)

Refining

Zellerbach

100

14%
16%

—

•

(Un)

(Un)

Co

a60% a64%

_5

Gas

Motors

Oil

Products

—

25

Indus

Consolidated

Crocker

*

,

Edison

Chem

—

14%

•

(Un)

Coppermines
Edison

Corn

"A"—2%

(Un)

System

Solvents

Consolidated

v

•

Broadcast
Gas

Apr
Apr

75

9%

Jan

11% May
135% Jun

al37al43%

5% July

7% Mar

Air

Kodak

El

Dorado

Electric

Lines

Paso

Co

(Un)—

(Un)

1

323

105%

Jan

200

22%

Apr

26

a60 a60%

148

47

Jan

63

5%

5%

780

a22% a22%

a60%

•

Share

&

Natural

Co

50

—

(Un)

5 "

C'0

Gas

__

26

5%
20

Jan

July
Jun

8

Apr

Jan

20%

Apr

3

40

40

49

265

35%

Jan

41%

Jun

*

48%

46%

48 %

908

41%

Jan

49%

Apr

a3%

a3%

3%

Jun

Co

Capwell

25"%

—

10

Works

Oil

Bond

Inc

Petroleums

Federated

Machinery

Ltd

—*

(Un)

Chem

&

Electric

Co

Foods

Corp

Motors
Paint

5%

350

7%

Jan

2nd

Puoiic

Gladding
Goodrich

47%

2,987

46% May
39% Jun

a72% a72%

58

35

1,553

pfd

*

—17

17

150

17

(Un)

5

*

Feb

72%

Jun

Jan

80

July

Mar

17

Jun

3

16% Mar

17%

10

28%

Jan

32

5

46%

Jan

58%

Jun

23

—

78

23

223

Apr

95%

150

a66% a66%

23

10

17

a32% a32%

—

com (Un)—10

com______

15

Jun

52% May
48% Jun

a61% a61%

—.

a32%

10

(Un)_____„

59%

Feb

95%

•

1

Co

&

new

454

80

Goodyear Tire & Rubber
Northern

51%

77"%

(The).

Co

45%

80

pfd-

McBean

46"% May

38%

5

Utilities

(B F)

46% May

115

common

cum

Comnany

46

a72%

20

a48

46

__

•

4% Mar

a47

51%

a46%

—5

(Un)

75

a47

a46%

__

10
3

(Uni

Corp

Corp

—

*

Corp

21

29%

29%

261

11%

12

2,098

Apr

May

19%

Jan

25

79%

Jan

95% July
65% May

59% Mar
29% July

29% July
Feb

Jun

5%

•

33%

31

5% July

185

28%

Jan

31% May

5%

class

Co

25%

Holly
22 3/8

Jan

25%

Jun

Holly

Oil

24%

Jan

32%

Jun

Homestake
Honolulu

33%

-105

31%

Jun

35%

26%

Apr

75

23%

Jan

263/4

Apr

Hunt

Foods
r

1%
56%

•

6%

5

'

Mines Corp

22%

590

20%

Apr

11

22% July

Idaho

10%

639

7%

Jan

11% July

International

Harvester

1%

1%

International

Nickel

2,390

1%

56%

57%

203

52%

Jun

6%

6%

50

6 3/4

jan

27

19%

27%

19%

20

5c

5

13%

10

23%
72%

94

24%

Jan

Jan

1%

Jan

International

593/4 Mar

International

7% Mar
28

Intex

Oil

571

1,500

18"%
5c

Jan

July

13%

632

12

Jan

22 %

Jun

7c

71%

24%
73%

698

389

22%
50%

Jan
Jan

11%

92c

1.00

200

90c

2.55

2.55

180

Paper
Tel

&

Co. (Can)

Co

(Un)

Tel

com

2.50

3%

90

57

al9% al9%

17

14%

Jan

13,024

1.00

Jan

Jan

-

Feb

42 %

Jun,..

30% Mar

a68 a68%

*

1.10 May

May

75

Feb

26% May
13% Mar

Jan

a4l%a41%

—

24%

Jan

May

Jun

75% May
20

Jun

I

1

2o
(Un)...

Co

__

a4l%

14

•

(Un)—•

7%
(Un)—•
33 %c

1.65
—

31%
a43
—

19%
_.

1.50

1.65

a48% a49%

40

31

32%

1,317

a43

a43

10

a__

28%

—

Jan

37 %.Feb

56%

Jan

14

Jan

1.90
a__

Jun
—

32% July

40% May
75

July

75

75

160

18"%

19%

2,077

8%

8%

310

8% Mar

10%

Apr

72%

Jun

19% July

Corp

(Un)

•

a75%

a75%

a76

225

62% Mar

10

24%

24%

24%

582

20%

Jan

25

May

39%

40

751

26%

Jan

40

July

a57% a58%

54

May

Jan

Jones

13%

Apr

&

26 %

Apr

75

Jun

Laughlin Steel (Un)

Aluminium

Preferred

Kaiser

23%

25

Jun

May

Kaiser

12%

20%

196
570

•

(Un)

Co

John8-Manvllle
5c

384

12%

—*
—6%

r

Power

22%

25%

12%

—

1.00

Inc.;.;...

Idaho Maryland

22

25%

12%

12%

Corp

'

•

11%

25%

___1
(Un)

Co

22%

n%

1

.

•

Ltd

(Un)

Mining

Oil

Co

CO-'__

Development

16
78

Co

12

25

Pineapple

31%

33

A

preferred

Hawaiian

__

3

31

26%

lo

12.50

Corp

25%

31%

__10

2.50

Greyhound
Hancock Oil

5%
31

10c

Brake

3

19%
28%

557

Great

100
254

5

Engineering <fc Foundry Co

Westinghouse
Westinghouse

Jan

17%

.

Pittsburgh Brewing Co common
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp
Plymouth
Oil
Corp

United

28%

9

9%

5
1

San

15

14%

_10

Spring

High

9%

1

u

Corp

Rockwell

Low

14%

8.50

Refractories

3

19 %
28 %

Apr

400

Convertible

9%

5

Co

Fuel

22

July

58c

Gillette

14%

•

Manufacturing

Mountain

33%

22

May

12

35%

General

Range Since Jan. 1

High

—

87

Jan

26%

General

for Week

Shares

Jan

9%

58c

General

*

i

12"%

79

343/4

General

*

System

Brewing
Light

Duquesne

Range

33%
22

Gas

Duquesne

Steel.

Co

525

12"%

46% July
a—

10

12

4,00 July

40% May
a

26 %

General

Sales

of Prices

Low

a84

Jan

Jan

July
Feb

Mar

84%

Pittsburgh Slock Exchange
Par

a84

11%

__

2.05

1

290

Ltd

General Dynamics Com

Week's

Feb

81% July

35Va

Food

STOCKS

Jan

20

America

Florida Power & Light

Friday

62

25

Eastman

34

72%
1

397

22%

Aircraft

Emporium
__

81%

Jun

Mar

36 %

31

A____1975

ser

13

(Un)

Vought

El

Transit

15%

Mar

common.

Curtis

BONDS

Baltimore

July

13

20

Com

29% July

33%

10

common

24%

11

50

5

Eureka

Eastern

Washington

19% Mar

500

5

Ry

28% Mar

Jan

35%

36%

150

11 %

113/8

___1

_.

Pacific

Du

United

23%

22%

Co

Crucible Steel Co of

Jan

216

Jun

81 %

*

Atlantic

Consolidated

Jun

27%

28%

3

5

Cement

Commercial

Jun

43%

29%

Jan

Jun

10

Co___

Sugar

Columbia

Feb

27%

28

35c

3

81%

,10

Corp

Jackson

Columbia

July

35% July
19% Apr

29%

Sun Oil Co

40

Feb

11

___5

Colorado Fuel & Iron

Feb

7%

Jan

35%

50

Bank

36
May
34% May

25c

233/8

5

Company

Cities Service Co

39% May
28% July

Jan

34%

__

Jan

29% M'ar

al6% al6%

15

Consolidated

18%

28%

85

Chicago Milw St Paul RR pfd (Un 1.100
Chrysler Corp
25

Peb

40%

Jan

25%

__

160

51% July

1

(Un)

Commonwealth
36%

__

27%

112% July

42% Mar

2,806

37'%

18%

common

common

National

1699

16%
50

10

common

Apr

2

Chesapeake & Ohio Rv

Feb

42%

39%

9

49% July

95%

650

•

(Un)

Chance

Mar

14%

49

34%

Jan

33c

P.l

(Un)

Canadian

Jan

jan

39%

3

Jan
Jan>

a35% a35%

1

-1

Caterpillar Tractor Co

24%, May

May

123/4

50

7%

29%
43%
34%

a31%a31%

lc

(Un)

5

Canadian

18% July

381

39%

20

preferred
&

preference

Reading Co

Scott

15%

21% May
40% July

200

33

32c

Jun

'

112 112 %

33

Jun

895

49%

P2

Continental

Philco Corp
Potomac Electric Power

$1.40

4i3/e

16

•

Participating

3.60%

4i%

1,313

Jan

1,100

51%

47%

,

Clorox

14'

Co—

Common

Public

13s/8

14

40%

51%

"

Pennroad

36%

49%

10

Central
8

449

168

57%

(Un)

Calveras

80'% July

21%

Mar

168

Corp

Calamba

19% July

58%

152

Feb

36

36%

20

Co

Com

Celanese Corp

Martin

(Onj

;

Steel

Co

Byron

Apr

...

Apr

56%

Mining

Cons

Burroughs

Jan

41%

5

17

57%

*

Borg-Warner Corp (Un)
Broadway-Hale Stores Inc___

30% Mar

31%

41%

25

Jan

36%

10

Appliance

Budd

30%

__

48 %

% July
47% July

18%

25

Corp

Oil Co
Holdings

Borden

24%

50c

14

0

California Packing Com

(Julius)

11%

*

B

(Un)

Co

Aviation

Bethlehem

Apr

10

A_

Oil

Aircraft

Bendix

Jun

•

class

Beech

Jun

66%

1

Electric Storage

July

190

Bishop

Feb

6%

Jun

64 %

100

100

Topeka & Santa

Bankline

Jun

6%

11% Mar

21o

59

47%

Corp

Securities

Benguet

10'A

Feb

56

Jan
Feb

16%

(Un)

Baltimore & Ohio RR

Jun

22%

9%

Steel

Armco

Baldwin

Jun

33%

5%

25

Publishing

52%

22

9'/2

47
51

High

Jan

34

1

Corp

44

169%

"

n,5T^°n
Company

21

167

22'%

10

Budd

513/8

530

46"%

25

Co

Refining
Atlas Corp
(Un)
Atok-Big Wedge

169%

•

Co

Low

1,010

47%

Co

Corp

Woolen

Atchison

Range Since Jan. 1

High

5i%

__

&

Shares

Low

245

14 %

•

Atlantic

for Week

of Prices

Sale Price
Par

64 %

16%

(Un)

Copper Mining
Anglo Calif Nail Bank

Sales

58%

14

Jun
Jun

May

46%

5

Chem

Anaconda

Last

88

May

Jun

47%

(U11)

American

American

Friday

26%
27%

88

90

Mar

22% Mar

46%

American Tobacco Co

American

STOCKS

20

Smelting & Refining—

73% Apr

:

80

245

10

Radialor

Common

Philadelphia-Baltimore Slock Exchange

41%

12%

American

July

703/4

47% May

Jun

25%

14

__20

Corp

Potash &

Jun

40%

11% May
36% Feb

iUoj
(Un)

American

Jan

46

45%

Co

43%

101

58%

1

(Un)

17%

700

253/4

High

390

64%

*

in*

Low

43%
42% a43%

a90% a91%

20

700

American

25%

(Un)

Ltd

Airlines

a

Range Since Jan. 1

High

a21 % a21%

*

Allis-Chalmers M'fg

Chemical

Sales

43%
a43%

1

(Un)

31%

*

American

Shares

Low

25

:

20

io

Corp

Inc

Corporation

Reduction

American

Zenith Radio

for Week

of Prices

5

'

ZZlO

Yates-American Machine Co
Youngstown Sheet & Tube

Range

Par

Abbott

4

American

Co

Week's

Last

26% Mar

35% May
50% Jan

Exchango

Friday
STOCKS

Apr

25

•

Public Service

W)

Mar

24

*

Corp

Wisconsin Electric Power

(P

8

41%

*

Bankshares

Woolworth

600

72 =

j

$4.25 preferred

San Francisco Slock

High

41

41%
,

5

White Motor Co
Wieboldt Stores

Low

25

—10
-12 %

JULY 9

Sale Price

—10

Union Telegraph
Westinghouse Electric Corp
Whirlpool
Corp

ENDED

Range Since Jan. 1

High
8%

Western

Wisconsin

Low

Works

Walgreen Co

Wisconsin

Shares

WEEK

for Week

of Prices

Sale Price

Par

FOR

Sales

Last

Motor?

&

Chem

50

(Un)

a57%

1

...

Corp

Kennecott Copppr Corp
Kern County Land

Corp_____l
al%

•

2.50

—

44%

240

47

Jan

al%

al%

60

2

Jun

83"%

83"%

474

66

Jan

83% July

44

44 %

256

39"%

Jan

49

2%

Jan

May

35

The Commercial and Financial Chronicle

.

,

.

Monday, July 12, 1954

BB SC188X'

OUT-OF-TOWN MARKETS
RANGE FOR WEEK

ENDED JULY 9
•

Francisco Stock

San

Exch.

Friday

(Cont.)

Range
of Prices

Sale Price

Shares

Low

Pa*

Range Since Jan. 1

Salt

40

40

125

33%

Jan

41%

7
1
*

9%

9%

140

8%

Apr

-•'■■■■34 %

35%

1,709

26%

Jan

14%

15

645

13%

Jan

9% July
36% Mar
15% May

Libby McNeill & Libby
Aircraft

Lockheed
Loew's

Inc

Corp

(Un)

35%

Jun

(R H)

Marine

Bancorporation

Martin

,

170

22

Jan

23

20%

2,361

16

Jan

1

(Un) —

Tobacco class B

Reynolds

Yi

67%

50

56%

Jan

23%

24%

1,859
227

41%

22%

22%

770

18%

4%

4%

115

a40% a41 %

145

39%

14

140

13% Mar

5

Corp

Navigation Co (Un)

•

22%

Co

5

4%

18

a41%

McBryde

Sugar

Meier

Frank

(Un)__
;
McKesson & Robbins Inc (Un)
&

Inc

Co

14

10

;

•

Mfg Co
Co

&

25 % Mar

Apr

S and

Safeway

May

24

Jan

5%

4% July

Middle

South

41%

Apr

& M & M Cons

j

Feb

Monolith

_.

Portland Cement

Montana-Dakota

Montana

Utilities

National

Inc

Products

Pacific

Coast

Pacific

56%

Jan

68 % July

36

36%

675

30

Feb

36% July

14

225

13% May

18%
20%

Jan

4%

Jan

20%

20%

220

30%

31

804

3

3

250

33%

340

—

•

33%

■

—

24%

—

-.100

20%

(Un)

15

Inc

5%

4.80%

5%

red

Pacific

Service

Pacific

Tel

Pacific

Western

Palmer

32

July

13% May

l

43% July

a62% a62%

15

60%

Feb

62% July

■

4

4

70

3%

Jan

4

31%

50

31%

Jan

32

18

916

14% Jan

22

150

14% Jan

22

6%

6%

2,750

Tel

&

Motor
Stendel

5%

6%

Jan

Tide

Jun

pfd

Oil

100

29%

Jun

31% July

6,300

39%

Jan

44% July

36

1,346

33 Ya

Jan

36 % Mar

29%

29%

103

28%

Jan

30%

28%

28%

100

26%

Jan

28

28%

600

27

Jun

28% Mar

Union

28%

28%

200

27%

Jun

28% Mar

Union

•.

28%
.

35%

Qo

37%

2,843

8

37%

a29%

8%

1,500

125

124

125

4

29%

29

29%

3%

3

3%

24c

24c

25c

Jun

12

12%

16
15%

16%

Jan

Pig'n

Petroleum

__

40%

Whistle conv prior pfd__;

Pioneer Mill
Pullman

Pure

Oil

Ltd

Co

(Un)

7.50
20

__

(Uni

Inc

3
__.

54

_•

•

(Un)

Co

—

•

Co

Corp of America (Un)
Railway Eq & Realty Ltd pfd

—

Rayonier

Inc

Raytheon

Republic

common

Co

Mfg

Remington

•
100
1

Rand

Steel

(Un)

Corp

__

5

„

50c
•

(Un)
(Un)

Jan

92%

59% Mar

65%

Jun

a45%

a45 %

a45%

35

47%

Jun

49% May

24%

23 %

24%

932

20%

Jan

28%

41%

41%

583

32%

Jan

44% May

15

43%

42%

43%

695

35%

Jan

45 %

(Un)—•
_25

44%

_2

__

59%

—-•

4.32%

Apr

a37%

44

44%

2,014

44%

Jun

26%

26%

308

2o

%

Feb

26 %

Mar

a37 Ya a377/s

145

32%

Jan

37

May

32%

Jan

34% Apr

Jan

38

34%

34%

218

10%

11 %

450

8%

Jan
Jan

10%

17

17

427

42%

42%

43%

1,477

14% Mar

Jan

15%
36%

Mar

17

45% Mar
-

57

58

v

335

40%
46%

58

Jan

Jan

July

62% July

62%

62%

337

7%

7%

200

6% Mar

a33% a34%

450

28% Jan

34% May

52% Jan

64"% May

—1

2?

:

•

a34%

1

(On)

Jun,
Apr

62

7%

61%

62%

4,619

a 77%

7% July.

Mar

a78%

72

Mar

81

a87 Ya a88%

172

72%

Jan

90

Jun

44

44

175

37%

Apr

44

July

18%

a87%

18%

302

14 % May

23

Jan

20%

81

Apr

19

18%

19 Ya

738

16%

12%

12%

12%

286

11% Jan

——-—25
Products
7.50

a47%

a46% a47%

137

43 Ya

Jun

46

a39%

a38% a39 %

42a

31%

Jan

38 % July

Jan

14% Mar
May

15%
40%
60'A
3
a5%
54 54%
a55% a57%

40%

60%
3
a5%

4%
30c

Jan

73 % May

Jan

700

Jan

11

19 Ya

1,520

18%

Jun

23%

Apr

2
5

337/e

33%

34%

2,420

2o%

Feb

36%

Jun

16% al7%

205

13%

Feb

16%

Jun

21%

145

15%

Jan

21%

Jun

71% Mar

Associated

Oil

Corp

Inc__—

Airlines

a

21%

1

(Un)

Corp

•

7

Jun

Carbide

Carbon

&

(Un)

(Un)

Corp

87%

360

45%

44%

45%

24%

24%

10,525
350

63 %

63%

239

23%

25

1,912

12%

12%

138

Jan

12% J"ly

a29% a30%

101

27%

Apr

32% May

Jan

37 %

51% July

87%

5
25

10

Inc

Lines

Gas

United

U

Rfppl

a30%

10

(Un)

Jan

28 %

46%

Jan

65%

Jun

25

July

21% May

11

930

1,557

39 Ya

Jan

2.60

100

2.60

Jan

70

a29% a29%

10

300

80

36%

37%

50

51%

51%

2.60

5

(Un)

Co

Sugar

20%

29%

37 %

•

50% May

Jan

39

a34% a34%

5

(Un)

Corp common

Utah-Idaho

Mar

21/2

Glass Co

Corp

Rubber

S

U R

&

87 % July

24 %

•

12%

common

Aircraft
Air

"•;

of California common__25

Oil Co

Sugar

Can

•

Apr

July

2.85

Feb

12% July

18%

15% Mar

Petroleum

Washington

Feb

Wells

16 % Mar

Jan

14

58%

10%

19

United

Jun

Jan

9%

4

West

Jan

Lite

Indies

299

1,217

5

5

628

5

37%

37%

140

18% al8%

40

45c

1

(Uni

Sugar.——

46c

1

(Uni

common

Insurance

a

1

—

36%

Jan
Jun

34c

3%

Apr

29%

34% May

26%
294

Apr
Jan

308
75c

Jan

Mar

5% Mar

Jan

27

Jan

40 % Mav

18%

Jun

20

9

Jan.

10 Ya

9%

Jan

11

Apr

53

Apr

May

54% May

41% Jan
56% Apr

64% May

Airlines

Western

(Un)

Inc

Western

Department Stores
Pacific
Railroad Co

92

Western

Union Telegraph

8% Jan
15
Jan
' 48% Jan

Jan

Woolworth

12% July

25c

a55 %

225

1,370
40

53

Yellow

Cab

Co

36% May

41

Jun

a71% a73%

226

50% Mar

74%

Jun

43%

43%

732

40

May

5%

12 V2

a

10

72%

5%

300

5

Apr

43%

1

common

Jun

250

18% May

59% May

Apr

41

41

10

(Un)_

Elec Corp
(F W)
(Un)

10

10%

10%

*

com

(Un)

Westinghouse

37% Jun

10

10%

a55% a55%

10

1

32% July

23% Jan
82
Jun
26% Jan

140
159
400

&

(Un)

Coast

West

6% May

*
100

Power
U T

Bank

Petroleum

Preferred

66% May

—3

Corp

Water

Faigo

Westates

40% July

31% Jah
58% Feb
2% Apr
6
Feb

3,455
27
96

31% 32%
86
86
a37% a37%
12% 12%
al8% al8%
59% 59%

77

9%

19

United

37 Ya Mar

Jun

July

21c

!

a67% a67%
10%

Western

Radio

69%

178

5

(Un)

World

Union

126% May

3

350
120
585
313
230
24
521
131

12%

Phelps Dodge Coro (Un)
Phillips

224

a65% a66%

"'■'•■.•■;•

28% Mar

28%

505

50
—33 %c

a97% a98%

California

of

Electric

Warren

Pennsylvania RR Co (Un)
Pepsi
Cola
Co
(Un)

May

a 66%

12% Mar

Jan

114%

5,100

12%

1

Apr

Mar1

7c

10

Trans

37% July

7

650

(Un)

81

1

(Un)—

Inc

Co

Tri-Continental

28% Mar

33% Mar

250

—*

"IOC

Oil.

Pan American World Airways

(Un)—50

Apr

26%

243

_____

15%

'

'

5%

a29% a29%

—100

Corp
(Un)

27%

85

Co

Transamerica

31%
44%

35%

■

Jan

14% May
Jan

Corp

Water

31%

«

2i %

Company (Uh)_————25
Incorporated _____________50c

Texas

43%

1

Jun

'Jun'

100

Jan

Textron

May

36

'

Oil

Co

&

44%

•

common1st

Jun

July

5c

——

Brands

Sylvania

United

common

Co

Swift

18% May

22

i

6%

^

33

Apr

17%
.

•

j

68%

common..

Mold

Super

May

31%

4

\

9%
4b Ya

41%

Jan

38%

15

Jan

8%

939

4

15%

(Indiana)..———25
Standard Oil of N J
———-18
Sterling Drug Inc (Un)
!
5
Studebaker Corp (Un)
1
Sunray Oil Corp (Un)
—1

Feb

3%

Jan

5

350

%

'

45%

July

Mar

9%

8%

12

Co com

Edison

Railway Co

Standard Oil

16% May

Jan

•

Packard

Feb

17%

3%

28%

Ltd

Petroleums
Public

Mar

38%

25

8

Mar

62

665

A

ser

Lighting Oorp

Pacific

23

7,270

25

pfd

red preferred

Pacific

Jun

July

3%

_25

preferred.—

6% May

Feb

24,000

(Un)

preferred

Inc

Standard

24% July

20%
54

43%

10

Jan

4%

5c

(Un)__

Oil

Calif

Standard

25

common

red preferred

5%

20% 'Jan

237

Spiegel

,25

(Un)_______

Electric

&

3%

783

Jan

35

a27 % a277/a

•
7.50

fiperry Com

Jun

3%

5

Aggregates

preferred

1st

15%

35%

Jan

43%

•

.

96

8

a3.9% a39%

pfd series A—25
Southern
Calif Petroleum
—2
Southern Co <Un)
i
8
Southern Pacific Co
•

July
5% Mar

3%

,

common.

a6%

7%

9%

preferred 4.48%—————25

Couv

31

43%

*

A

a6%

-■

Southern Calif Gas Co

Feb

26

July

20%

1,136

28%

15%

...20

__

class

33 Ya July

81

& Co

Corp

Cumulative

Jun

12

Co

Gas

1st

5%

Jan

3

180

32

32

*

52%

480

15%

Gas Co class A

&

Southern

32% July

Jan

27%

10

'

6%

.

a54% a54%

a54%

—20

18%

105

24%

20%

24%

25

pfd_

Apr

541

35

5c

f

Socony-Vacuum

Southern

31

1

(Un)

Finance Corp

Pacific

May

700

(Un)

57% May

Jan

17

5%

1

common

Can

568

5%

10

6%

Feb

53

33%

81

Co

Oil

Sinclair

Apr

1

Co

Pacific

68'%

5 Ya

1

32%

670

Co

Oil

Signal

22% Mar

Jan

(Un)

Invest

Olaa Sugar Co (Un)
Oliver United Filters
Pabco

68%

20%

Oceanic Oil Co
Co

36

243

Oahu Sugar Co Ltd (Un)

Oil

Jan

Jan

18%

Northrop Aircraft Inc

Ohio

32%

20%

32%

(Un)

Jan

P. 10

Portland Cement

Paper

Shell Oil

Mar

11

Jun

60

36%

.

Northern Pacific Railway

Edison

9%

20
225

•

North American Aviation

2o

45%

Mining

Sears Roebuck

Jan

10%

18

—

1

10
5
10

Lead

Cruz

bcuu

Jan

a35 % a 35%

a35%

•

Co

3c
1.05

Jan

July

32%

■

Ohio

2c

72c

5

Niagara Mbhawk Power

Co

74c

a21 a21%

.

American

5,500
10,802

3c

72c

745

(Un)

American

Feb

14

(Un)

(Un)
Natomas Company Co

North

29%

__

Gypsum

North

Jan

-—I

Distillers Products

Oil

27

—

__

National

Norris

79

10%

—10

1,322

Feb

•

(Un)

National

N Y Central RR

21%

74c

«

Co

Fibres

Auto

Jun

2c

10c

k__-

Montgomery Ward & Co.
Morrison-Knudsen

18

„5

(Un)

Co

Power

300

Stores Inc

Mauricio

San

4% July

Jan

1,600

(Un)_*

com

2%

4%

18%

.P.10

Mines

(Un)

32%

8

(Un)
St Regis Paper Co (Un)
San Diego Gas & Elec

14% May

a30% a30%

10

Inc

Mother Lode

Mindanao
M

Utilities

32
53

—-—10
5

Foods Inc

W Fine

Joseph

St

Feb

18

16%c

(Un).

40 Ya May

35

„1

49% July

Jan

17

4%

4%

—.

Inc

33% July

■

—25

Santa

Men asco
Merck

25

1,507

67% July

a

Jun

15% May

35%

32%

21% May

67

1

Chemical

High

Low
10

34%

35%

Jun

24%

19%

•

(Glenn)

Co

Mathieson
Matson

(Un)

a

a23'%

20 Ya

a47 a47 %

5

24 %

247a

•

Calculators

& Co

Range Since Jan. 1

High

a21% a21%

—10

—

Macy

Marchant

Shares

Low

Par

10

Co

for Week

High

Low

High

Sales

Range

Last

Sale Price

1

Leslie

Week's
of Prices

Friday

STOCKS

for Week

Last

STOCKS

Sales

Week's

Feb1

45

-

6%

Jan

CANADIAN MARKETS
RANGE

FOR

WEEK

JULY 0

ENDED

Week's

Last

STOCKS

Sale Price

Friday
STOCKS

Week's

Last

1

Range

Sale Price
Par

Abltibi

Power &

$1.50

Paper common

preferred

Acadia-Atlantic
Class

Algoma

22%

25

Sugar

25.05

•

22%

Range Since Jan. 1

High

22%

Shares

Low

8,249

25 25.05

3,401

Bell

16% Jan
24%

Jun

23% Jun
26%

Feb

Aluminum Co of Can 4%

2nd

21

21

475

17%

42%

42

43

485

3y% Mar

48 % May

4%%

•

Ltd

67

62%

67%

10,943

46

67% July

5%

preferred__25

preferred—

25%

100

107

25%

106%

175

25%
107

605

185

6% Mar
Feb

Jan

23%
104

Feb
Feb

Argus

Corp Ltd common

26

108

July

Apr

Apr

Brit

Col

4%%

preferred

Asbestos

Assoc
Atlas

Tel

Corp
&

Steels

,

53

200

48%

Jan

53% May

Bruck

16%

17%

2,340

12%

Jan

Building

Teleg class A

*
_

__

•

Ltd

__

1

27%

96%

96%

295

82%

Feb

27%

28

5,195

24%

Jan

31

91

90%

91

175

90

Jun

92

12%

12 %

12%

700

10%

Feb ;

16%

Mills

Gold

Bulolo

class

Ltd

B

Dredging

vMay

Calgary

Power

Feb

Canada

Cement common.

preferred

Canada

Est quotations
Canadian Stock

all

Exchanges
through our Canadian
affiliate which has a
direct
private wire
from coast to coast.

Northern

Canada

on

Safeway

2nd

preferred

Canada

W. C. Pitfield &

3,373

67/8

Jan

a48% a48 %
18 %

18%

Jun

9%

20

49

May

49 %

May

125

16

Feb

18%

Jun

20%

Jan

26% May

60

81%

Feb

93% July

120

91%

Jan

102% May

48%

Jan

i
f
i

25%

25%

93%
102

92%
101%
52 %

93 %

102
52%

70

7 Ya
22%

7%
22%
43
a4.10
a42
6.25

2,080

5%

Jan

1,240

17%

Jan

23%

1,997

35%

Jan

43

170

4.00

Feb

5

35%

Jan

300

5.60

Jun

4,322

*

__

7%
22%

41%
—.

—

v*

—

•

41
a4.O0
»a42
6.25

53%

Jun

7% July

5.00
42

7.25

Jun

July
Jan
Jun

Feb -•

f

1
i

5%

20

Jan

103

111

1,016

85%

Feb

111

31

31

46

;2oj/b

Feb

31%

22
12%
12% 12%
al03% al03%

855

19%

Jan

22% May

220

10%

Feb

12%

5

100%

Jan

104

103 Ya 103%
a23
a24
13% 13 %

15

100%

Feb

104

111 vy.y
__

10

21%

100

!

100
*
50

common

preferred

.-

July^

104% 104%

„

Corp.—.—*

Jun "

105

21 % '

„

__

—

__

100%

jun

Jun

May
Jun

23

Jun

28% May

1,101

12%

Apr

13%

21%

Jan

27

31% May

36

22

30

133

Jun

Co., Inc.

Canadian

Breweries

*

26%

26%

27

7,500

Tel: HAnover 2-9250

Canadian

Bronze

*

35

34

35

375

Canadian

30 Broad Street

j
i

Apr

25

20

preferred

Canners

*

26

26

26

35

•

20%

20%

880

16% Mar

21%

Jun

22

555

19

Mar

23

Jun

20%

3,310

18

May

24% Mar

31%

888

29

Mar

33 % Mar

*7%u 77/s

750

7

May

al2

20

11

Apr

15

Jan

24

10,623

20% July

22

July

Julv

90

July

19

Jan

Teletype: NYl-1979
NEW YORK

Canadian
Class

Ltd

20

Car

&

Foundry

Celanese

common

22

20
21%

•

common

A

Canadian

$1.75

common

19 Ya
31%

19'A
31 Ya

25

series

Canadian

Chemical

Canadian

Cottons

Industries

&

6%

Cellulose

pfd_
com

Preference




8%

—*

__J

Steamship

Canadian
see

8%

—

Power
1st

Canadian

For footnotes

•

8 %

July
Ya July

May

preferred
Canada Iron Foundries

Orders handled,

Jan

*
5

Products

$1.30

on all
Canadian securities.

44

39%

•
25
—.•*

Power

Columbia Telephone

52%

•

25%

7,788

—100
10©

————

Columbia

British

53

100

50

Jan

44%

red pfd__100

cum

British Columbia Forest Products

16%

17% July
96 % July

Co 4%

Elec

C R preferred

«

common

Light & Power—

preferred

50

;

Jan

19

8% May
21

British

Anglo Can Pulp & Paper pfd__

40%

43%

& Tank Co of Canada pfd—50
American Bank Note Co__
British American Oil common
•

•

Steel

8

175

British

8
20%

__

2,375

44

Bridge

High

Low

50

25%

25

,——

Traction

Brazilian

High
j

Range Since Jan. 1

High

25%

*

B

Shares

48%

50

A—*

class

Paper

&

Telephone

*

common

A

Aluminium

5%%

Low

•

Class

for Week

of Prices

Power

Bathurst

Sales

for Week

Low

Par

Canadian Funds

Sales

Range
of Prices

Friday

Montreal Stock Exchange

Locomotive

:

:

•

|7%

b.12

25
*

50
*

&3%
k*> £0

20%90

90

50

90

'x15%-

15 Ya

15 %

210

15

Apr

Feb

9%

July

Jan;
Jan

Jan

page 41

i

Volume

Number 5341

180

.

.

.

The Commercial and Financial Chronicle

37

(189)

CANADIAN MARKETS
RANGE

Friday
STOCKS

Week's

Last

Par

Warrants

Pacific

Canadian

Petrofina

230

26

25%

26%

3,555

Railway
Ltd

25

pfd

10

J)

Co

Co

Ltd

class

12-

Jan

22% May

Southern

17%

Jan

27

Jun

Steel Co of-Canada common

•

7%

7%

935

11%

,.\

4,650

29

13'

May

21%
25

105

..

Feb
Feb

.

*14

Apr
29% May

30

14

14%

2,905

al3%

al4

300

10

Jan

14

a42

70

36

Jan

42

Apr

al4

al4

75

13% Mar

14

May

Jan

14%

■■/

4.50

4.00

4.50

575

3.75 Mar

29%

29%

29%

4,415

27% Mar

common

Steel

Stores

&

17%

18

7,435

15%

18

7

7

125

13

13

505

13

*

al4%

al4% al5%

102% 103%

125

41

610

12

2,195

*

41

40%

*

Coal

11%

11%

*

:

preferred

Dominion
Donohue

Bros

Ltd

&

Heating

Foundation Co of Canada
Co's

Qatineau

Ltd

Power

Bakeries

General

Apr
Jan

35 %

Jan

9% Mar

Wilsils

Ltd

19 % May

15

Jan

Zellers

5%

Smith

Limited

45

Jun

13 % May

6%

Feb

5,435

15%

Jan

4,063

18%

Jan

23

Jan

25
all

5

7%

7%

205

24%

24

50

Jan

9ya Mar

8

Mar

23% July
25% May

7

Jun

8

Jan

24%

17%

17%

1,765

12%

Jan

20

5,550

15Ve

Jan

20

24%

24%

4,930

20%

Jan

25

15

104

6%

6%

600

49%

50%

730

Jan

35

5%

Feb

110%

Jan

74

77

356

59

Jan

77

•11 %

11%

295

10%

Jun

16%

Jan

40%

40%

41

380

32%

Jan

41

25%

Dominion

_____

Royal

July

46%

25% July
50% Apr

7%
preferred
Belgium Stores Ltd

38

Jan

47 Va May

Brown

46%

47

1,470

6.40

6.50

600

6.40

—

24%

25 %

2,537

25

Nickel

of

Ltd

Jan

24%

1%

Canada

July

8.00

Jan

23%

Jan

36

May

Feb

11

Petroleum

18

18

1023/4 1023/4

Jun

35

Jan

135

17

Apr

175

97%

Jan

25%

805

20%

Jan

26%

J,un

a26% a26%

50

26

Feb

26%

Jun

102%

46

Jun

20

Jan

102 3/4 July

25

25

47%

2,190

42 %

Jan

47

31%

2,765

27 %

Jan

32

Jun

42

39%

42%

3,187

33

42

% July

40

38%

40

43%

43%

44%

4,306

2.60

3.00

32,769

48%

Jan

36

2,765

350

Jan

31% Mar

47% July
Jun

38% July
Jun

Jan

2.80

463/4

July

37%

3.30

July

Exchange

Funds

Week's

Last

Sales

Range

for Week

of Prices

Shares

Low

Range Since Jan. 1

High

Low

High

Jan

25 %

31%

30

311/4

10

9%

10

10,945

10

10

350

100

com

100

Jun

Butterfly

alO

alO

*

a5.00

a4.50

a5.00

60

1

123/4

12%

123/4

•

102

1003/4

102

375

50%

50%

preferred

&

Canada

1

Sugar

Malting

Dominion

•

6%

6%

3,010

43%

2,2r0

34%

Jan

46

May

Canadian

Marconi

Co

92

92

110

84

Jan

92

Canadian

Western

Lumber

43

45

125

39

Jan

47

July
May

3.15 July

6

Jan

Canadian Westinghouse Company Ltd_*
Casmont Ind
preferred
*

Jun

Catelli Food

Jun

Combined

7%

Jan

Apr

43

«

3.15

3.15

42%

41%

4,152

34%

Jan

42%

133 133%

150

128%

Feb

135%

73%

72%

74

735

54

Jan

74

21

21

900

19

Jan

26%

Apr

:<

7.5U

3.35.

42%

500

V.

—

*

Ltd

Co

42%

6

July

5%

10

Apr

Apr

10

Jan

13

Feb

3,065

Hosiery

Canada

311/2 May

Jan

9

com

1st preferred

2nd

'

Jan

7%

25

1,570

common

Company

*5 conv

•
5

6%

100

International

630

Jan

5.80 Mar

46

42%

common

common

42%

Jun

_40

;

603/4

July

31%

•

100

Paper

12

Jan

4.00

45%

£1

preferred

13% May

47%

Anglo-Canadian Pulp & Paper
Anglo-Nfld Development Co

$3.00

lntl

42

**

-

Par

Jan

9%

International

100

Friday

44%

28%

com-

2,355

4.00

Sale Price

19%

6,760

Powders

59%

STOCKS

725

3,884

Bronze

58
4.00

Canadian

1,807

9%

International

59

Canadian Stock

50

1

50

33%

—

Apr
Feb

31%

Rights

25%

25

_

*

Z

11%
10

Apr

9%

.jo

50

Jun

3.45 Mar

10

i

6% July
52% May

77

33%

•

251

33

48%

Apr

11%

*

common

1,230

Jan

Jan;;

2.59

10

\

Jun

110% 110%

*

Corp

123/4

a26%

Jun

6%

50

Arcentance

12%

all% all3/4

12%

18% May

19%

■

Scotia

Jun

49%

Alabastine

preferred
-preferred

23

700

Feb

19%

1,610

*

preferred

1,536

3.10

25% May
11 % Apr

24%

9%

$4.25

33

3.00

July

2.60

4,330

.

33%

6%

32%

Apr

37

10

;

•

Industrial

May

Mar

10

Commerce

■

•

100

preferred

33

32%

10

Apr

Imperial Tobacco of Canada common-5
4%

29

10

23%

20

Ltd

5,571

•

Montreal

Jan

all

1

Oil

40'

205

37

Banks—

20%

17%

Oil

Imperial

Jan

40

__25

155

'

Husky

100

pfd

\

25(,,„2^t

—

•

common

34

36

'.

common

Nova

•

Paper

Jan

39%

•

preferred

Canadienne

25

•

preferred
Hudson
Bay
Mining

May

29

40

18

5%

Jan

25

common

$2.00

17

21% May-'.

36%

-

_

Winnipeg Electric

Belding-Corticelli
Howard

May

14% Mar

103% July

5

&

1,225

15

Feb

Jun

24%.

common

337/B

4.00

*

common

8%

3

General Steel Wares

(Geo)

25%

6%

Dynamics

Gypsum Lime

13%

Weston

Jan

23%

1

Ltd

12% Mar

Jun

May

8%

Apr

100

Feb

IV*

6%

Corp

Motors

Apr

4.25

18%

1

_________

33%

—

Leaseholds

105

25

20

common

33 %

•

& Works

Western

4,140

21%

common

preferred—

11,198

all%

25

6%

Products

Canadian

•

Corp

8%

23 y8

.

Players

Steel

Wabasso Cotton

a22% a23%

a22%

•

Eddy Paper Co class A pfd
Electrolux Corp

United

8

*

Ltd

Brewery

203/s

*

Oils

25
8

*

common

Ltd

Stores

Triad

Power

■

—23%

Textile

7

50

102%

_<

Ltd

Jun

32%

18

com

Canada

Walker Gooderham

14:

a

10%

*

Steel

20

Jun

a42

25

&

40

20%

Jun

14%

Dominion Tar & Chemical' common...*

General

600

28%

291

»

Glass

Dominion

5%

14

27%

■

100

Foundries

High

Low

17

•

13%
27 %
'

j

7% Mar

„

2

pfd

Range Since Jan. 1

High

17

Jan

Thrift

Shares

17

•

2,700

♦

common

6%

Dominion

_

1,490

—

A—

Preferred

Dominion

*

Co

26

;___

Dominion Corsets
Dominion

Southam

19%

•

Seagrams
Coal

General

Jun

•

Simpsons

for Week

Loip

*

com

19%

.*

Bridge

Fraser

27%

Jan

al4

Dominion

Famous

20%

Sons

25%

*
Seal

&

Dominion

Enamel

4.10 May

&

7%

*

Class. B

Dow

Feb

(H)

19%

*

:

—,

Leather

Red

Jan

2.10

Simon

25%

Smelting

&

A

Cork

Distillers

i

12%

V

Mar

Sales

Range
of Prices

Par

High
17

•

B

Crown

Davis

; a3.00

Glass

class

Class

a2.85

Eaulpment

Mining

Consumers

Corbys

a3.00

Low

•

Farm

(B

Consol

230

Vickers

Cockshutt

Coghlin

15 %

Week's

Last

Sale Price

Range Since Jan. 1

High

15%

_

Canadian

Canadian

Low

•

Companies

JULY 9

STOCKS

Shares

t

Oil

ENDED

for Week

*

Canadian

WEEK

Friday

Range
of Prices

Sale Price

FOR

Sales

Co

Ltd

1

19%

Products Ltd

class B—*

Jun

a__

~

8%

——

Jan

a__

—

133/4 May

88

102

May

49%

30

Jan

Jan

52

Apr

500

5.00

100

19%

978

17

4.90 Mar

Jan

5.25

Feb

193/4 Apr

60

60

60

315

53%

Jan

4.75

4.75

150

4%

Jun

5%

10%

10%

10%

100

10%

Apr

I2V4

69

69

125

62

Apr

70

May

al04

al04

5

102

Jan

106

May

283/4

20

Apr

30

Jun

1

*

10%

30

19%

--

*
Co

.

■
.

28 34

'

Jun

60

Feb

Feb

25

9

9%

90

1

Ltd

283/4

com—*

a84

a84

5

85

Jan

85

Jan

*

a70c

a70c

8

75c

Jan

75c

Jan

J*

Enterprises

red pfd

a22

a22

3

,__

6%

9%

Jan

Jun

'

International

Utilities

*

Power

International

Ltd—

Co

'

—-.

♦

92

92

92

351

78

Mar

95

Jun

Corp common__5

33%

33

34

394

28% Mar

34

July

25

34%

34%

34%

225

30% Mar

35

Jun

_5

25%

25%

25%

2,120

21%

Jan

16

16

5

15%

Feb

17

Lines

Pipe

A

sec

27 % May

!6

Preferred

Interprovincial

Consolidated Div Standard
Preferred

Consolidated
Crown

PaDer

Zellerbach

*

53%

493/4

53%

7,167

5

Corp

46%

46%

47

23%

Ltd

Corp

Dominion Engineering Works

a

—- —

a__

—

40%

Jan

645

34

Jan

533/a July
47% Jun

Labatt
Lake

Service

Public

Limited

of

Laura

the

•

21

common

•

29%

_3

al6

770

17

Jan

30

al6

class

c.ass

558

27%

Jon

16

30

350

25%

Jan

23%

20

Apr

*

15

15

151/4

930

12

Mar

Oilcloth

•

331/2

33

34

235

27%

Jan

36

May

21

Feb

43

July

21% July

Dominion

32

Aor

Du

14 V* Mar

14%

T>%

280

10%

Jan

14 % May

Eastern

350

13

Jan

20

Jun

Fleet

20

175

18

Jan

20

July

Ford

3.40

3.40

3.50

200

10%

10%

100

8

Feb

145

145

10

140

Jan

1.75

Jan

4.25 May

Structural

Pont

18%

20

Bros

Lindsay

of

Canada

Steel

Steel
Sec

Products

Manuracturing
Motor

Co

of

Ltd

Foreign Pow Sec 6%

red

Ltd

—*

—_

preferred

(C W)

MacMillan
Mailman

Bloedel

&

Mitchell

Molson

(Robt)

10% July
145

Morgan

23

18%

8%

7%

8%

12,300

7J/2

Jan

32 J/4

32 J/4

33 J/2

1,240

26 J/2

Jan

15

15

15

150

Freiman

9% May
37

National

&

Drug

Uonal Steel

16% Mar

26

35

231/2

Jan

26

May

80

23

Feb

26

May

455

151/4

Jan

16

16

16

*

17 J/2

17 J/2

17 J/2

300

102

102 102 J/2

260

Chemical

Car

16%

a5.00
1.85

500

89%

92

2,496

100

pfd

32

4%

100

6%

Apr

1.20

Jan 1

63%

Jan

251%

Feb

Feb

2.20 May

100

Apr

Ltd

(A

41/2%

J)

pfd

33

Jun

32

32

20

a88

a88

10

25%

26

4,470

19

14

14

200

14

8

8

500

5%

Jan

8%

al4% al4%

Noranda

Oerilvie

7%

Flour

Mills

Penmans

18

May

Jun

103

July

July

75

Jun

30% Mar

33

May

155

July

1,992

321/2

311/2

321/2

550

155

68 J/2

-*

a41

preferred

Power

Apr

35

40

Apr

47%

Jan

24

Mar

29%

Apr

a45
291/a

250

3,505

4m

39%

39 -411/4 '

Jan

74%

Feb

2,757

35

Jan

35% July
41% July

7,090

31%

Jan

41 %

92

Jan

100%

13%

Jan

16

26%

July

100

-100

40

16

16

425

25%

26'/2

755

22

Jan

26% July

341/2

35

525

23

Jan

38

100
16

——_•

TransDort

Jan

60

&41

41 J/4

common

150

388

341/2-. 35 %

41'/a

•

Ltd

17

69

,

'^••29
35

May

155

67

.1

•

Quebec

37

Feb

9%

180

741/2

Power Corp of Canada
4%

Jan

58

37

72J/2

•

Provincial

32%

34%

•

common

Co

26% May

73

100

Tubes

<v

12

Feb

37

River Company

Bros

Feb

25

125

26

•

common

Placer Development

Powell

251/2

*

preferred

V' Pwge-Hersey

25J/2

•

Ltd

Mines

all%

•

•

Royalite

Paper
Oil

*

common

20

14%

Jun

14%

40

Feb

45

July

July
Apr

Loblaw

Groceteria

Class

Class

B

Sherwin

4"':

Breweries

Voting

trust

pfd——100
pfd—10
—*

100

Paper

Mexican

Minnesota

& Ontario

Mount Royal

56

25

43%

Feb

56

1,015

15 »/8

Jan

18%

Northern

6%

N

C

part

10

95

70

88

95

63% July
101

Jan

IO1/4

Apr

July

95

Apr

37

2,170

28

Jan

37

Jun,

200

24%

Jan

30

May

al2

220

12

Jan

13

Feb

5o

51%

51%

125

50%

Apr

52% May

3.90

3.90

100

3.50 Mar

111

114

151

110% Mar

63

1st pfd__100

6%

112

50
5

.32

pfd

*

A

5%

200

65

644

32

323/4

265

96

96

30

17

65

--

5% May

July
9% Apr

29%

17

415

4.25

Jun

114Jun

Jan

65

13%

Feb

33

July
May

36

Jan

96

July

11

Feb

17

July

56 %

\

Reitmans

Jun

Renold

(Can)

Southern

Canada

Finance

class

Power

*
pfd—100

A_

6%

173/4

173/4

50

al35

al36

13

1,290

17% Mar
124

Jan

173/4 July
Jun

138-

40%

Jun

39

39%

32%

Jan

99 %

100

99 %

July

99% July

42%

42 3/4

935

40%

Jan

42 3/4 July

•

27%

25%

273/8

620

20

Jan

30

May

41%

41

41%

560

33 V*

Jan

42

May

39

100
:

—

99%

•

pfd

conv

preferred

17%
al36

42%

•

Corp class A

redeemable

red

_*

common

Ltd

Coventry

Traders

5%

Ltd

40

39

Jan

Feb

52% July
May

United Amusement Corp Ltd class A—*

44%
50

Apr

54

July

130% Mar

145

May

8,058

49%

327

54

53%

pfd—.100

al45

al45

*145

17

28

28..%

175

23

28%

75

60

fir

SAVARD
MEMBERS:

23%

Jan

24

Feb

Feb

50

28% July
28%

July

Oil Pipe Line

Trans Mountain
Gas

Class

of

Canada

—♦

Waterman
Watson

(L

E)

(Jack)

Canada

Ltd

(J

HART

STOCK

Mining
Aconic

STOCK

Ltd

St.

Telephone
Branch:

Branch

Office:

St., New York City,
-

SHERBROOKE

-

HAnover

Bellechasse

2-0575

CHlCOUTIMI

-

ST.

Ltd—,

Corp

Mines

Ltd

Metals Ltd vtc

Bouscadillac

Gold

Bouzan

Apr

100

10

Jan

a21

625

20%

Jan

23

Mar

21

10

17%

Jan

22

Jun

a7%

a8

75

8

Jun

8

Jun

a32

a32

6

30

Mar

33

Jun

2,300

•

3,925

93/4 Mar

1

Gold

Mines

3.60

3.65

7.10

8.00

300

17c

16 %C

17c

1,500

10 %c

Jan

2T5

2.65

2.70

6.900

2.52

Feb

7c

7c

7c

4,500

6c

Mar

45c

50c

1,500

38c

14c 14 %c

7,249

13 %c

1

14 %C

Ltd

&

Jun

35c

Feb

2%c Jun

6c

Jan

1.00

July

5c

5c

1.00

1,000
90,900

75c

July

43c

12,000

31c

Feb

—•

2.10

1

12c

2.05
2.40
11%c12/2C
3%c 3%c

14,051
32,000

10

150

9.75

Jan

Apr

39c

10

Jan

63c

75c

3%c

3.80

Mar

40c

1

Ltd_

8.00 July
31c

Jan

1.00

—

42% July

11c

2.00 May
5c
n

Brunswick Min

Jun

4.00 May

1

1

Smelting Corp Ltd-l

Mines

40"%

3.60

1

Corp Ltd

Mining

Gold

Boreal Rare

JOHNS, P. Q.

10%

alO

1

Corp

Sulphur Mining Corp.

Metals

Belville

Feb

Jun

9%

Jun

21

*

Beatrice Red Lake Gold Mines Ltd

%

14%

a21

1

Phillip^ Square

11%

21

*

PL-9501

1203

Jun
Mar

a21

1

Ascot

10%

11
10

5

1

West>; Montreal

10

3/4

Stocks—

Mining

Arnora

a7

10%

*•

Cl

EXCHANGE

230 Notre Dame

80

20

all

3/4

alO

Ltd
Breweries

EXCHANGE

CANADIAN

a7

*

Ltd—

Co

Products

all
—

i

•

Pen Co Ltd

&

Westeel

Wilson

Ltd

B

Western

STOCK:;?EXCHANGE

MONTREAL

TORONTO

For footnotes see page 41

Jan
Mar

\

al2

5%

*

2nd

94

50

28%

Quebec Telephone Corp common
Class

541/2

175

10%

36%

Ltd

Power Corp of Canada

154

101
a

29%

Quebec Power pfd

Crush

Orange

63%

100

*

Windsor Hotel Ltd—




Jun

*

Union

52%

William

Apr

5

13%

*

62

July

Ltd

52% July

49%

TROIS-RIVIERES

14

common

Paper Co

Ltd

Mills

Rice

Jun

11

-

July

5%
36%

Jan

T

QUEBEC

—

26% May

19%

al0%

6%

Ltd

Co

Corporation

Moore

4%
Ltd

Light & Power Co Ltd com__*

Apr

May

Oil

Distilleries

10%

47%

Local

300

45

63

MacLaren Power & Paper Co_

McColl-Frontenac
Melchers

37%

52

.

Jan

18

19%

3,925

28 J/2

7%

a__

a

56

*

2,610

common

ctfs

(Walter M)

ll'/e

11

50
Can

45

45

#

2

Lowney Co Ltd

52%

50

4%%
of

A—*

52%

49 J/2

oreferred

Williams

class

11 %

•

<v

Ltd

Co

52 '/a

Shawinigan Water & Power common—*
-Ips

"

Publishing Co of Ottawa Ltd_*

•

Lawrence Corp common-

26

100

Journal

•

Ltd

Co

3 4 J/2

•

com

Inter-City Baking Co Ltd_
Interprovincial Utilities Ltd

4'/2%
Rolland

100

Jan

16% May
100

930

alli/2 alli/2

5

com

-—

Niagara Wire Weaving

oictr<?"

92

27% July

Jun

126

*

—

Apr

Jan

26

26

_100

common
_—

15

July

Mersey

St

•

26% July

July

26

*

_

Locomotive

Co

Jan

Apr

*

class A

preferred

75

•

•

&

4%%

17>/2
18

820

*

B

Montreal

23

2?

*

„„

Breweries

Class

22 '/2

al8'/2 al8 J/2

Exports class B-*

priority—

Ltd

Corp

Massey-Harris-Ferguson
McColl Frcntenac Oil.,

]

50

6,979

1.80

*
•
A

class

43

27%

a5.00

27%

Ltd

Can

43

26%

*

Ltd

com___

Great Lakes Paner Co Ltd

I

15% July

'

Lewis

N

*

Linoleum

&

Feb

18

—-—

—-

22%

Magnesium Ltd

20

*
20

__—

a

Jun

13%

*

A

B

Preferred

Warrants

21%

28

Candy Shops—

ftccep anee

Laurentide

com——*

(John)

Woods

Secord

La' rent/do

Ltd

Dominion
Dominion

Jamaica

9

Feb

^pr
Apr

60c

Feb

2.80

Jan

14c

Mar

8c

Jan

12%

Jan

£

38

The Commercial and Financial Chronicle

(190)
t

*

>•

iM

*

t-

»

*

*

'

**

*

J

..

Monday, July 12, 1954

.

"_

CANADIAN MARKETS
FOR

RANGE

Canadian Stock Exchange

Friday

(Cont.)

Last

STOCKS

Range

Sale Price
Par

Calumet

Uranium

Ltd

Mines

30c

Campbell Chibyugamau Mines Ltd..—.1
Canadian Collieries (Dunsmuir) Ltd—*
C.•negie
Mines
Ltd
Cassiar
Celta

Asbestos Corporation

Dev

&

Shares

3.15

3.20

tfUJ

7.00

Limited.*

7.00

1,000

30c

32c

6,100
400

6.15

6.15

6%c

6%C

6

6V2C

7c

C

72

2.70 Mar
7.00

July
Feb

30c

2.35 May

Oils Ltd———

Western

3.40

Jun

9.60

Apr

r-nilllps

Oil

Jan

Pontiac

Petroleums Ltd—

Quebec

6.50

Jun

ll%c

Jan

6'Ac

Jun

10 %c

Feb

1.31

Jan

6.00

Research

Ohibougamau
Chimo

Mines

Consolidated

Consol
Detta

Minerals

Dominion

35,509

1.43

2,400

Ltd—___ 1

10c

13c

19,700

10c

Feb

20c

Ltd.—1

4c

4c

5,000

4c

May

6c

14%c 14%c

500

12c

Jun

29c

7,UuJ

25c

„1

Mines

Mines

Ltd———

Asbestos

East Sullivan

3,300

67c

1.35

——J

„

Cadillac

Eastern

Metals

Eastern

Smelting

1

Ltd

Mines

—

28%c

25c

1

{.A

&

4.25

30c

75c

80c

2.78

2.40

2.79

18c

18c

1,500

17%

17%

700

47

48

10.300

4.00

4.05

400

Refining

Jun

70c

1.60

Jan

Metal

Mines—

4.50

Feb

1.42

3.10

600

1.25

Jan

1.80 Mar

300

1.24

Jun

1.74

Jun

Development
1
Petroleums Ltd————*

a50c

a50c

100

54c

Jan

Falconbridge Nickel Mines Ltd——*
Fenimore

Iron

Frobisher
Geco

Gold

Grandines

Trican

Cons

Hudson-Rand

—*

LtdMetals

Gold

Gold

—

36c

Ltd—*

Ltd

1

Mines

10%

900

10%

47c

Jmy

2.25

2.25

200

63c

63c

70c

11,950

50c

May

95c

Ltd—

1
*

60c

59c

61c

14,775

59c

Jun

84c

Jan

65c

65c

65c

6,500

55C

Jan

75c

Mar

Oils

Tri-Tor

Oil

Westburne

Ltd

Co

__

Toronto Stock

4.00

July
Jan

6.45

18

Friday

*

Feb

5.15

12%

Feb

1.00

Jan

1,000

72c

July

1,000

34c

July

al9c

al9c

20.)

16c

Jan

29c

Feb

36c

40c

24,200

17c

Mar

44c

Apr

50

11

Jan

15 %

15%

2,079

5c

5c

5c

134

Jan

12
5c

July

Abitibi

Jan

46c

16'A

Apr

12c

Jan

1

Lao

1

Uranium

Mines

2.20
40c

2.30

1,400

40c

42c

21,600

Jan

2.00

July

40c

Acadia-Atlantic
Class

AJax

3.35 Mar
89c

Apr

Lake

Ltd

Mines

1

Jaculet Mines l td
Jardun

Mines

Jelhcoe

Mines

voting trustt

1

Ltd

Joliet-Quebec

__

10c

—1

Ltd

27c

1

Mines

__

1

Ltd

59c

2c

2%c

5,000

2c

9c

11c

4,200

8c

25c

27c

27,000

24c

24c

3,000

48%c

7oc

89,500

Mar

Jun

17c

Jan

3%c

Jan

13 %c Mar
38c

16%

Jan

23%

545

24"%

Apr

26"% Mar

8

7%

8

1,980

6%

Jan

21%

20%

21%

1,240

17

Jan

105

105

105

20

100

Feb

10c

9%c

*

-

16C

Mining Dov

Ltd

Co

1

11c

Jun

24c

July

42c

Jun

70c

July

Labrador

Ltd—

Mining &

Lafayette

Lingside

,

Explor Co

Asbestos

Mines

1

Goldfields

100

3c

Jun

4,500

9c

Mar

a60c

100

60c

Jan

9.00

500

13cl3%c

7.50

Jan

12c

July

7c

Jan

_—

1.550

76c

Jun

1.00

Jan

29,850

91c

July

1.48

Jan

1.55

1.60

1,000

Aluminum
2nd

Canada

of

1st

pfd

Ltd

5,307
134,740

42%

42%

43

425

66%

62%

67%

11,121

25

25%

107

106%

107

335

13c

13c

1,000

23c 23 %c

2,800

86c 86 %c

1,800

75c

Jan

12c

Jun

1

Petroleums

24c

59,000

Jun

11c

40c

40c

40c

5,000

38c

May

1.19

23,500

13c

Jan

27 %c

Jun

Jan

2.20

Jun

17c20%c

Mclntyre-Porcupine
Merrill

Island

Mining Corp

Mines Ltd

1

33c

Canada

of

Ltd

1.36

Jan

July

New

LaBine

Uranium

Formaque

New

Hugh

Mines

Malartic

New

Larder

"U"

New

Louvre

Santiago

New

Vinray

66

1,175

54%

Jan

7,500

20c

Feb

Nocana

Mines

Mines

i

1

Ltd—

Feb

15'A July

305

a20c

300

19c

May

65c

3,400

60c

Jun

2.35

2.35

100

Apr

Anglo

•

Ltd

Parbec

Mines

Mining

90c

Jun

1.05

Jun

5%c

Jan

4c

4c

4c

5,500

3%c

Jun

6c

Jan

4%c

4%c

5,500

4c

Jun

11c

Apr

3

15c

3.00

Gold

Tazin

Mines

Mines

2.09

2,125
650

2.31

6,409

19c

19c

2,000

1

Ltd—

2.08

1

Ltd——

Ltd

4.00

4.00

400

,

36c

36c

1,000

1

,

3.50

3.85

5,000

1

Mines

Ltd__l

4c

19%

*

93c

1

Mines

Ltd.—1

Ltd

1

3.95

1

Ltd,.

15c

31.^"1

9C

7,500

4c

4%c

19%
93c

Jun

9c

July

9c

May

16c

Jan

2.40

Feb

11 %c Mar
Jan

1,10
13c

Mar

3.50

Jan

Feb

65'Ac
8c

Mar

1,750
24,100

4.05

1,850

a20c

50

15c

28,000

Mar

Feb

66c

1.14 Mar

3.75 May
25c

7.60

7.70

3,125

2.90

3.45

27,903

lie
5c

1,500

Mining &

Jan

108

18 %c

22c

9,100

Mar

9.95

2.50

2.70
6c

1,100

5.00

8,253

52

52 %

365

25c

25c

7c

8c

3%c

May

19c

29c

353,400

36c

39c

4,000

Feb

Jan
Jan

Feb

3.80

Jan

9c

Jan

6.00

Jan

53'/a May

21c

Mar

46c

7c

Jun

13c

Apr
Fed

6c

Jun

Mar

65c

May

Jan

35c

3%c Jun

35 %c

Apr
Jan

23C

Jan

17C

Apr

13%

,

Feb

48 %

5,000

24c

1.03

Jun

5c

72,700

3%c

Jun

36c

4.60 July

1,500

7%c
3%c

26%

Jan
Jan

100

4.65

1

Feb

23

104

11 %C

36,000

2..64

•

Area

1

Mines

Jan

16%

17%

1,225

12%

Jan

17% July

97%

97%

95

82%

Feb

97% July

1

class

B

Feb

Feb
Jun

7c

3,500

4%c May

1.48

1.52

3,300

1.25 Mar

2.10

.2.05

2.10

65,250

12c

lie

12c

2,009

___1

4.10

4.10

4.45

11,550

24c

25c

3,000

1.00 July
Jan

1.58

Aubelle

1.14

Apr

1

-1

Mines

Auttiacho

Bank

Ltd

Pank

of

Toronto

4.25

Apr

8.60

Apr

3.55

15c
May
8%c Jun

1,683

1.96 Mar

9c

9c

12c

28,957

13 %c 15%c

17,010

1

14c

1

3.85

3.80

3.90

2,810

1.95

1.75

2.02

6c

6c

_

_

1,600

48

46

48%

46

47%

2,450

49

49 %

-Jan

14c

Jan

1.72

0

-

2.10

Jun

Jan

200

Ltd

48% July

Jan

47% July

41% Mar

49% July

Jan

5%

100

2%

Jan

5-%

Feb

6,325

1.05

Jun

1.39

Jan

1.31

L30

1.41

10,150

1.30

July

1.70 May

Jun

90c

Apr

2.00

Apr

,

46c

48c

2.080

1.99

1.81

1.99

12,800

14c 15 %c

10,600

20c

■

14c

Feb

20c

July

*

81,100

20c

65,500

15c

8,250

21c

49%

70

2«c

49%

28c

21c

49%

__

1

36c

1,889

.

6%

6%

110

4 no

4.00

4.30

9,445

51c

45c

51c

6,000

_

1

_

1.40 Mar

16c

17 %c

•

class A

45c

21c

24c

—-

•

_

Jan

42

1.08

1

Beattie-Duquesne
Beatty Bros
Beaucage Mines Ltd

8%c

35%
-

Jun

5%

„

Mining
Power

6c

1.05

*
__

Feb

2.55 Mar

5%

•

Mining
Mines

Feb

5.40
-

"

1.06

•

Uranium

19 %c

Jan

Jun

1

—

—

Jan

1

-

Petroleums

'

19c

64c

Jun

Apr
Jan

27 %c
47c

July

Feb
Jan

41%

Jan

49'/^

July

18c

Jan

50c

Mar

Feb

7%

2.90 May

5.50

6%

Feb
Jun

•

Lndee

Jun

30c

49%

10

3.70

Feb
Jan

22c

July

1.73

Jan

15c

2.45

12 Vic May
■

2,437

47%

_

_

9c

9,510

Jun

16c

39c

4.500

3,500

47C

Metals

Bathurst

Mar

—10

—

Mines

Baia

13c

18c

Warrants

Baska

6%c Jan

11c

Barymin Co Ltd

Bathurst

Jan

4,500

—10

Mines

Jan

11c

2.20

Traction

Barnat

Feb

16c

May

May

10c

1

Montreal

Barcelona

16%

6C

2.05

1

Consolidated

of

Jan

10% Mar

9c

18c

13c

11 %c Mar

7c

■

Apr

675

4,500

50c

of Nova Scotia

Bank

•

Jan

Jan

8c

1,000

6%c

Jan

15%

2.20

Oils

Bankfield

—-V

1
-

_

Bagamac Mines
Bailey Selburn Oil & Gas class A—
Banff

12%

63c
19

_1

—

Gold

Mines

13,700

24c

Jun

Mar

—1

River

Aumaque
Avillabona

10c

6%c

1

■'

36c

400

11 %c 11 %c

„

6%c

—

lie

50,650

12

*

—r_

Atlin-Ruffner

Base

Jan

1.52

•

■

Yellowknife

5,000

51c

17%

8%c

8%c

-1

(1937)

14c

42c

16%

10

Atlas Steels

Atlas

45c

—

Hardware

Mines

12c

13c

1

—

Ashdown

Athona

17

97%

_

Metals Corp

Ascot

*

_100

common

Jun

20

Feb

1

Oil—

67% July

15c

52

•

Porcupine

Aquarius

Barvue

Jun

5c

Jun

1

Tobrit Silver Mines Ltd

Jan

33c

1.70

5c

1.16 July
18c

25c

6.50

3.05

He

Feb

4 00

May

9c

7.65

__

48

9'. 7 5

5%c

1

_

Jun
Jan

3.85 July

1.00

11c

2.53
34c

36'Ac July

14

3.95

Jan

23c

Apr

20

1,000

3.15 Jun

2.53 Mar

24 %c

1

1

39% Mar

180

4.85

pfd —50

Paper

Mines

Aunor

2'Ac Mar

1.20

11 %c May

6%c

.1

Ltd

July

2,500

a20c

•

Fields

1.16

1.20

Ltd——

Ltd

1.00
8c

1.01

1

Ltd

Trans-Dominion

21,009

a20c

(1944)

Mines

Gold

28,500

al7c

Ltd

Steep Rock Iron Mines
Sullivan Cons Mines

Tiblemont

9c

16c

3.001

1

Mines

standard

8%c

(Quebec) Ltd 1

Uranium

Sherritt-Gordon
Stadacona

,9c

1
—*

,

Radiore Uranium Mines Ltd

Rix-Athabasca

„

a20c

Gold

&

Pulp

Jan

2%c

l

Mines

Corp

Apr

1,100

Ltd

Yellowknife

10c

1,700

Quebec Copper Corp Ltd—
Quebec Smelting & Refining Ltd
Quemont

11c

Mar

3,000

1

Dredging

Preston East Dome

Quebec

5c

Jun

5c

;

.

Mines

Gold

Cons

1,0J0

2.60

11c

Ltd

Ltd

(1945) Ltd
Opemiska Copper Mines

Pato

6c

1.45 Mar

90c

—_1

2.64

•

Preferred

5c

—

Feb

May

8.20 July

46

13c

_1

_

Mines

Rouyn

Argus Corp

—50c

Ltd—'

40c

3.25 Mai-

9.75

—

Cons Res—_-—

Apex

Jan

90c

Mining Corp Ltd-—

Uranium

6c

11c

1

13c

5

.-

Oil

Canadian

1.75 Mar

23c

5c

Mines

Obalski

Orchan

6c

1

Ltd

Mines

2.35

1

26

Jan

33%c July

10'A

15%

1

Island

Nib Yellowknife Mines

Normetal

Ltd

Ltd

Mines

Mines

New

Mines

1

_

A

Armistice
Nesbitt

86c

*

63'A

a20c

—

1

class

Anglo-Canadian

Jan

33c33%c

61c

_1

Corp

60%

100

15%

_•

...

Mogador Mines Ltd

Molybdenite

63 V4

1

Mining Ltd—
of Canada

2.12

50c

Lead

May

3c

2.12

Ltd—.

Yellowknife

Anchor

11c

1

2.15

May
%c July

34c

•

Nepheline

Anacon

10% Mar

8,000

20c

American

Oil

lie

1

1.55

8.20

—

American

1

Cockshutt Gold Mines Ltd

85c

July

6.65

25

_

preferred

Amalgamated Larder
American Leduc Petroleums

Ankeno

MacLeod

51 %c

26 %c

•

Amurex

7Vic

13c

11,400

34c

Ltd

Apr

76c

58c

6.95

Algoma Steel

Feb

Feb

1.03

_1

-

8%

76c

1

Consol—

Jan

1.00

9c

1

16c
20c

•

Pacific

Apr

17c

•

Mines

Uranium

Louvicourt

Ltd

Ltd

Co Ltd

Copper Mining

Lorado

—

a3c

9.00

1

Mines

Jan

a60c

*

Keymet

5c

a3c

1

8,500

10%cll"/4c

Kenmayo Yukon Mines Ltd—
Keyboycon Mines Ltd—

12c

Jun
Jan

7% July

May

15%c

11c

9%c
15c

50

91c

__

Kayrand

5,525
5,750

51 %c

«

Uranium Mines Ltd

Aluminium

10c
16c

7%

94c

»
—

common

Jun

Jun

51 %c

1

—

Petroleums

Distillers^

Alberta

•

Jun

21% July

106%

15c

—

_

8%

7%

*

common

Yellowknife

Alberta

High

10.875

Oil

Petroleums

Akaitcho

Low

22%
25.10

100

—.

&

Range Since Jan. 1

High

22%

A

Gas

Shares

25.00

*

Acadia-Uranium
Acme

22%

•

Agnew-Surpass

for Week

Low

—20

•

common

Preferred

Axgom

Jack

Jan

1

Paper common—

preferred

Albermont

Inspiration Mining & Dev Co—

&

Power

$1.50

72c

15%

Jun

Sales

Range
of Prices

Par

34c

1

2.41

Exchange
Week's

Last

Sale Price

July

72c

8.55 Mar

1.60 May

Canadian Funds

67 %c Apr

34c

5

Ltd
Ltd

Mines

1

Feb

14%
.

Jun

1

Jan

35c

a9.50 a9.50

—

Mines

Mines

—

Ltd——72c
Mines Ltd--—*

Gold

Mines

Gold

Bollinger

.A

Mines

Uranium

Por

Gunner

—

♦

Ltd..—

Lake

17%

1

——

Graham-Bousquet
Gul

Ltd—_—.

Limited

Mines

God's

Mines

23c

Petrol-Chemical—

Sapphire

Apr

Jun

Mar

1.31

Jan

Jun

44c

1.74

Apr

2.40

High
11% Mar

Jun

Mar

1.74

July
May

55c

18c

7.00
35c

1.30

1

STOCKS
Fab

500

Feb

14 %c

Jun

75c

300

40c

Jan

Jan

3.60

16,700

—

—,

May

1.08 May

5,500

1

Ltd.-

4.10

1

Corp

4.10

1.65 May

43c

3,850

1

Ltd—

Mines

2.22 July

2.22

53 %c

50c

Ltd-—

Ltd

Canuego

Central

2.10

65c

1.43

Corp

Explorers

Gold

Low

7.75

—*

Co

•

Chemical

Range Since Jan. 1

High

40c

Apr

6%c

Shares

7.75

Oils

45c

for Week

Low

1
—*

Ltd—

Petroleums

Pacific
Pan

700

6%c

1

Centremaque Gold Mines Ltd

July

4,000

6.25

*

Mining Co Ltd—

25c

73,500

Pat

High

Sales

Range
of Prices

Range Since Jan. I
Low

47c

Week's

Last

Sale Price

High

25c

30c

Friday
STOCKS

for Week

of Prices

Low

1

WEEK ENDED JULY 9

Sales

Week's

Belcher

"

..

Mining

-

Corp

1

42c

39c

—2a

44

43%

_

_

Telephone

-

45c

40c

76c

July

Apr

50c

Feb

Jun

15,420

39c

44%

14,273

39%

Jan

44% July

lie

12c

32,600

9c

Jun

24c

3.50

3.55

200

50c

50c

500

42c

May

72c

Jan

5,800

15c

Mar

43c

Jan

•

Uddlen

Mines

Ltd

!

United

Asbestos

I

United

.

Montauban

Corp Ltd
Mines

Ltd

1

Ventures Ltd

Vioiamac

1

Waite

Amulet

Mines

weeden

Pyrite

Mineral
Mines

Oil

*

Copper

1
JL

20c

l

Products Ltd
Ltd

lie

300

1.75

1,000

12%

100

20c

Feb

3.40
24c

July

14%

Feb

4.45

July

1.00

Oils

Limited

*

20

Feb

12%

May

2.15

Jan

1

Ltd

Bailey Selburn Oils & Gas class

July

21c

4,000

20c

July

38c

Jan

lie

2,500

5c

Apr

15c

2VbC

May

2,500

2c

Feb

4c

Jari

Canadian Decalta
Canadian

—

4.75'

33c

1,109

Jan

23c

69c

Apr

4.75

Jun

5.60

Jan

Bralorne

4,900

19 Vic

Jan

36e

Feb

3.85

Brantford

3.85

300

Jan

3.80

5.35

25c

Gas & Oils

*

1

_

"

i_

'

—

«

__

30c

30c

500

11

.

11'A

1,150

4.30

4.30

100

65c

65c

500

29c

Apr

40c

*

—

Cordage

Jan

13 %

_

class

—

_

July

75c

Feb

1.65

1.75

1,700

1.07

1.07

200

1.07

July

__

4.70

4.70

100

4.00

Jan

5.65 Mar

T_

1.55

1.55

1,009

1.55

July

2.50

Feb

1.25

1.25

600

1.25

July

2.25

July

1.20

*

1.

Ltd—

—*

Ltd

Minerals

,

*

Inc

L

1

38c

*

Ventures

Ltd

1

__

42c

10,000

3.50

3.50

109

a92c

1

Ltd

Co

Oil

Ltd

*

a92c

100

1.40 Mar

38c

2.95 Mar

8%c

8c

New

British

Okalta Oils

Oils
&

Ltd

i

Dominion

Oil

Ltd

Ltd

footnotes

20,300
-

3.55

14%

4,925
30

18,700

9%c

3.25

14%

3.55
—

40 Wall

.

3,224
200

13%

Feb

14

Apr

22c

9% May

10c

6c
12

8c
2.95

13%

»•

42c

Jun

25c

Jan

July

10c

Jan

12% July

Jun

Jan

Apr

20c

40c

July

5.00 Mar

Jun

88c

Members: The Investment Dealers'

Feb

7.75

8.00

300

1.75

1.72

1.77

10,260

1.25 Mar

3.90

Feb

1

1.44

1.35

1.45

42,850

1.26

Jan

1.56

Association of Canada

2.14

2.14

100

1.82

Jan

1.26

1.35

2,6oJ

1.26

10% Mar

•

90c

see

page




Juiy

Gairdner, Son fifCompany
Members: The Toronto
Stock Exchange

of America

Canadian Stock Exchange

SECURITIES

Wirt system to all offices

1.9u Mar

41

I

I

1

Montreal Stock Exchange

2.68 May

1.26

July

WHitehall 4-5335

Investment Bankers Association

Feb

7.75

—

Mar

4.25 Mar

15%

Company Inc.

Street, New York 5, N. Y.

Apr
Mar

Mar

Canadian Affiliate

t

Bristol

7%c

12%

Gairdner Of Company Limited
3.50

1

Corp

New

12c

6c

Feb

Ltd-

Petroleum

Oil

Mar

150

12%

Feb

&

14c

10,950

Gairdner S

1.65 Mar

Oil

Jan

8%c July
5%c Jun

6,000

Apr

65c

1.07

Oils

35c

13%

10 %c

7%c

*

A

Feb

5.50 Mar

1.65

Pioducers

For

1

"■

•

Mine

7c

18c

Jan

9

4.30 July

•

Oil

Jasper

11 %c
■

Jan

6,900

23c 24 %C

*

CANADIAN
Home

13%

_

24 %c

Apr

4,600

..

8%c 11 %c
6c

4.50

3.40 Mar

Feb

—1

Explorers

Federated

8%c

1

■

309

22c

19c

1

Boymar

4.75

21c

18c

1

Co

20c

Petroleum

Leduc

Gaspe

__

21c

1

Ltd——

Devonian

Central

nanpire

Gold

19c

19c

1

Mines

Mines

Bonville

21c

1

_

_

Biltmore Hats class A pfd

Bowes

Pipe Lines Producers

Central

Rio

A

& Edmonton Corporation Ltd_*
Petroleums Ltd
1\
*

Canadian

•

Mines

Gold

P'dsrood Kirkland

Bob jo

—

1

Gamma
Yukon

—

■

1

—

River

oevcourt

—

;

Petroleums

Calvan

Beta
Blbis

lie

33c

•

Petroleums

Ca gary

Quebec

Bordulac

Antone

Calalta

1

Mines

Belleterre

Berens

1.63 May

9.10

Bellekeno

Jan

2%c

1

Anglo-Canadian Oil Co Ltd

Del

17 y4

1.75

Mar

Stocks—

Altex

;

&

Ltd,:

__

171/4

12%

__

1

Wendell

■

„

•

Mines

Westville

;

—_1

10c

Jun

-

Number 5341

Volume 180

Commercial and Financial Chronicle
The

...

(191)

39

CANADIAN MARKETS
RANGE

Friday
Stocks

Week's
Range

Last

Sale Price

Low

JULY 9

ENDED

Friday
STOCKS

for Week

of Prices

Par

FOR WEEK

Sales
Shares

High

Low

Traction

ordinary

•

Preferred
Brewis

(T

Brnund

Lake

1

pfd__

G)

6c

90

20

7'Ac

Jan

Apr

17%

Jan

21

21

21

50

1.90

2.00

9,750

3.95

3.75

4.00

2,225

•

25%

24%

25%

7,969

100

93

92%

93

251

78

Jan

100
50

American

Oil

101

101

102

565

90

Jan

52%

52

53

187

48

Jan

_

pfd

ifi4%%

preferred
preferred

Coniagas Mines

Feb

Coniaurum Mines

5.20

Jan

Consolidated

26% May

Consolidated

93

•

British

*

Columbia

British

Packers

Columbia

British

Empire

Broulan

Bruck

Reef

Mills

class

B

7%

22%

7%

11%

11%

22%

22%

1,541

23c

21c

23c

38,300

l

1.49

1.45

1.50

4.20

•

Mines

_

B

5%

3,935

1

Power

Oil

class

7%

Brunhurst

Mines

Ltd

1

Mines

Ltd-

7'Ac

Consolidated

Jun
Jan

Consolidated

7,700

1.45

Jun

2.25

Mining

Brunswick

18c

Mining

Buffadison

&

200

4.00

Feb

4.55

8%c

13,500

9%c

4,000

Consolidated

Jan

17c

10 %

Smelting.

Buffalo

Lake

Yellowknife
Steel

.

19c

7c

July

7%c Mar

18 %c

Consolidated

A

Flon

Flin

6%c

7c

3,000

6c

Jun

12c

Jan

7

6%

Mar

Mines

7%

440

4c

4%c

2,000

4c

May

6c

Feb

24c

4c
__

25c

400

22c

Jun

44c

Jan

178,437

30c

Jun

65c

July

1

54c

51c

65c

1

1.85

1.83

1.90

45c

•

Crest

5,775

6% July

1.83 May

8%

I

__

Oil

&

Jan

25c

9

525

Jan
Mar

2.20 Mar

45c

2,720

42c

May

70c

1

24c

20c 27'Ac

19,000

10c

Jan

45c

Feb

41c

41c

45c

6,500

25c

Jan

53c

Jun

1

9%c

9%c

1

Mines

2.75

__

13

Halliweli

Consolidated

Consolidated Micmac Oils

May

Consolidated

9c

10c

16,587

2.64

2.75

13,225

__

16c

16c

2,000

•

Lead

2.30

2.20

2.49

30,939

27%

28'A

2,528

96c

1.07

59,379

96c

July

12c

14c

15,732

10c

Feb

15c

Jan

6c

Feb

Ltd

9c

Jan

Consolidated

Mosher

2

72c

Feb

Consolidated

Nicholson

•

17c

19c

1,200

15c

Jan

29c

4c

4c

7,000

42

44

110

Jun

2.30

Jan

15c

May

1.72 Mar

59c

Preterred

3%c May
35%

Jan

Consolidated

Jan

6c

44

Mining & Smelting—

Orlac

__

97c

—1

Consolidated Peak Oris

July

•

Quebec

Jan

29% May
1.70

6%c

12,100

ll%c

Apr

10'Ac

__

12c

10,500

10c

Jun

20c

Apr

32c

500

30c

Mar

43c

5c

9%c

2,500

8%c

Jun

Consolidated Ranwick

i

56c

62c

23,900

47c

Mar

500

9%c

Jun

14c

Mar

Consolidated

Rochette

1

5c

5%c

3,700

5c

July

11'Ac

22%

23

425

19%

Jan

23

July

Consolidated

West

72

72

25

51%

Jan

75

Jun

37%

Jan

59

Jun

Conwest

Apr

Copper-Man Mines Ltd

23

54

53

54

115

8%

8'A

8%

375

19c

26c

235,650

10%

19c
11

104%

7

15c

Jan

Mar

14 %c Mar

8%
26c

Corby

July

10

Dist

(H)

Jan

13 %

Apr

Class

Jan

l'05 %

Jun

Cosmos

6,700

12c

Jun

21 %c

Feb

4,000

12c

July

28c

Feb

13 %c 13 %c
12c 13 %c

4.15

4.35

8,000

4.15

3.35

3.15

3.35

5,142

8.00

7.25

8.00

4,295

Jun

*

111

108

111

voting

31%

31%

3.45

Jun

Crown

8.50

Jan

Crushed
Foils

common

♦

Iron

Foundry

10

Canada

Life

Assurance

Stone

Northern

Canada

Oil

D'Aragon

6.00 Mar

11%

65

21%

21%

1,930

19 'At

Jan

23

96%

98

176

78%

Jan

98

Jun

8%

8%

100

Jun

10

Jun

Feb

12% July

July

4.35 Mar

8

class

11% July

Class

B

Southern

Delnite

220

10%

3.35

1,400

3.25

2.05

800

Feb

2.75

Apr

40%

4tT%

150

36

Mar

40 %

July

Mar

-

.

Canadian

Admiral

Atlantic

B

*

Oil

Canadian

1.75

1.75

1.75

67

67%

Oil

*

25c

2

3.80

July

Distillers

July

Dome Exploration

4.10

Apr

Jun

3.85 Mar

Dominion

Dominion

Jan

7,680

56c

May

90c

Jun

18c

Apr

44c

Jan

143

143

10

116

Jan

143

July

88c

88c

10

60

Jan

91

May

46%

47

2,650

34

Jan

47%

Jun

8%c

9%c

16,000

12c

May

l^c

44,000

18c

Mar

—

12c

i, 13%

14

85

4.00

.

__

4.00

200

2,700

Ltd

1

22c

18 %c

24c

52,795

1.05

1.05

1.05

1

1.20

1.20

1.30

19,750

16c

13c 16%c

26,300

1.38

1.38

Jan

Dominion

Dairies

Seagrams

_2

29%

29%

2,900

1.50

3,000

30

5,430

2.50

4.05

4.05

4.15

1,300

•

15%

14%

15%

2,235

1

28c

28c

30c

26,500

10

40

36%

40

977

-

(Western)

Mines

Dome

;

25c

16,699

3.65

3.95

7,274

12

265

10%

Jun

12 %

39%

42%

32%

Jan

42 % July

Dominion

Magnesium

21%

Jan

27

Dominion

Scottish

22

Apr

50c

30c

65c

Bank

Jun

May

60c

Asbestos

69 % May

23c

20c

25c

10%

23 %c

2,500

65c

—

1.75

245

Jun

10'A Mar

7c

Mar

10c

Feb

13

Mar

3.25

Jun

5.00

Jan

60c

July

1.10

Jan

18'Ac July
1.00

May

1.20

July

12c

Jun

16

Apr

42c

Jan

1.25

Jan

2.25 Mar

20c

Apr

«

60% Mar

200

67%

-

.

class

Cable

13%

Jan

1

73 %

58

900

Jan

9

50c

Ltd

37

31

181

2.20

10

1

Producers

Jan

575

73%

Jun

35

545

2,500

12c

Minerals

Jun

37

73
2.15

37

14'A

!

1.90

36%

1

Ltd

Rio

Jan

19c

1

Devon-Leduc

Del

Detta

Jan

10%

78c

*

Mines

Jan

74c

A

Mines

12%

3.25

*

Mortgage

Petroleum

20c 20'Ac

_i

class

Gold

D'Eldona

12%

20

_

Permanent

Canada

10%

4.05
18c

18%c

1

Oils

Davison

3.30

1.95

13%

10

143

*

12%

_*

13%

I

B

2.00

A_

2,235

Apr

46%

5

Mines

Leather

Davis

May

7% Mar

14 %

3.05 May

10'Ac July

Jan

2.00 July

23

__

100

Corp—

Patricia

•

Canada

&

Crowshore

July

14

31% May

11%

21%

s

Wire

July

111

Zellerbach

1,190

Jan

75c

_—_10o
Coal

Nest

Jan

3,500

__

1

Trust

Jan

16%

12c

__

1

Crow's

*

Power

Warrants

Warrants

Jan

4.50

125

Feb

28 %

*

Lands

Packers

84

10

Machinery

Canada

4.50

4.50

♦

Jan

96c

7,655

3.35

__

l

Pershing

5,400

3.25

„

♦

:

Uranium

Croft

Croinor

6.70

203

Canada

•

Mills

2.00

22%

10%c

__

•

Imperial

2.35 Mar

I,288

31%

Canada

•

B

5.50 Mar

__

1

Coulee Lead

10

1.90

21 %

—__*

Exploration

9

1,500

4.25

Canada

Pete

Gas

Consumers

100%

11%

104% 104%

1

Cut

Jan

1.05

9%c

20
&

Feb

32c

1
2.50

,

.'

Gold

22

8%c

1

common

Feb

Apr

3.96 May

9%c

<■

„.

Feb

3.50

35c

Feb

Jan

Crown

Canada Cement

May

__l

Howev

Matarrow

Jun

1

Gas

Jan

1

Lake

55c

1

Oils

Cons

Canada

7c

5%c Mar

1

.——

Campbell Chibougamau
Campbell Red Lake

;r

Jan

5,500

1

Calgary Power preferred

Class

29c

44

1

Calgary & Edmonton

Canada

Jan

Jun

4,000

•

A

Calder Bousquet

Canada

49c

lzc

60c

*

.

Jan

41c

18,300

1

Guayana

Consolidated

Jan

13c

14c

10,150

»

class

Calvan

1.95

700

14c

10%

•

class

B

Calnorth

1.55 Mar

47c

•

Co

Caliinan

800

Jun

Apr

12c

1

Bunker Hill

Class

1.75

8%

47c

__

_1

Discoverv

East

Gillies

Consolidated

Burrard

1.65

4.15 May

13c

5%c

•

&

1.75

9.75

1

Product,s

Burlington

27%'July

18c

Canadian

Red

Burns

67

Jun

60c

Buffalo

Bulldog

Feb

26%

5%c

Gold

Buffalo Ankerite

Building

58

333

May

Jan

4.25

Cadillac

Denison

Consolidated

49c

Cons

Brunston

440

27%

*

Central
Cordasun

23%

7c

1

61

27%

Feb

7

1

Astoria

Consolidated

Jan

July

60

27%

3.75

1

Oil

Consolidated Bakeries

Jun

Jan

9

17%
21c

54

9%c

*

Brunsman

100

200

Jun

102% May

7%: July
11% Jun

Jan

250

8%

*

Alienbee

Consolidated
British Columbia Forest Products

High

3.95

8%

10
—

2.55

Jan

Low

3.90

8%

__

1

Lehigh

Jan

20'A

Range Since Jan. 1

High

5

Conger

July

Shares

•

National

3.70 May

1.80

for Week

of Prices

Low

0

Confederation Life

Jan

15c

Conduits

Jun

100

Jun

2.00

21

Apr

9%

6c

26,600

1

British Columbia Electric 4%

5%

100 "

99%

6'Ac

6%

7,856

1

Petroleums

British

8%

23

Mines Ltd

Rrltalta

8

100

Red

Bright

8%

Petroleum

Sales

Range

Par

High
Commonwealth

Brazilian

Week's

Last

Sale Price

Range Since Jan. 1

Jun

24

Jun

4.05 July

14'/8

Jan

22c

Jun

31

Feb

2.05 Mar

32'A

Jan

6.50 Mar

16%

Apr

54c

May

40

July

5

5

90

4'A

Jan

6'/b

14%

*

common

1.25

15%

2,015

13'A

15%

Jan

103%

Jun

Apr

"

Canadian Bakeries

*

__

3.40

Jun

6.25 Mar

i

Jan

Dominion Foundry &

Steel

;

10
•

Car

common

A

Canadian

$1.75

26%

•

27

24%

26

2,005

30

Jan

20%

19%

20%

395

16% Mar

21%

Jun

Dominion

21%

21%

22%

700

18% Mar

23%

Jun

Dominion

July

Preferred

•

Canadian Colleries

&

20 %

1,185

18

May

24% Mar

31%

31%

970

29

Feb

34% Mar

•

Cgllulose

(Dunsmuir)

19%

31%

7%

7%

7%

1,265

3

common—

Chemical

19%

25

Celanese

preferred

Canadian

26

26

*

Breweries

Canadian Canners

3,959
8,245

20

Canadian
Canadian
Class

42

7.25

6.70

7.45

13,945

61c

69c

5,900

61c

July

79 %c

Feb

Dow

20c

21c

4,200

18c

Feb

27c

Jun

Dragon

1.75

36,955

6% May
6.70

July

9%

Decalta

Warrants

Canadian

21c

V—

'

nf

Devonian

Canadian

•

common

V-

•

Petroleum..

•

Dredge

Canadian Fairbanks

Canadian

Products

Food

*

common

66

Jun

Feb

24%

Canadian

_

100

1.75

July

3.75

Feb

East

200

4.00

Jun

6.75 Mar

32 %

1.75

1.80

618

4.00

4.00

325

Homestead

Canadian

Ice

Canadian

Locomotive

Machine

8 7c

Oil

com

_

Cos

60

2.50

7,010

1.75

4.75

4.75

4.75

90

4.75

16

16

225

40c

40c

2,000

15%

1

33

2.20

15%

150

*
_

_

_

40c

_

•

common
_

___

_

preferred

Oils

&

Canadian

Pacific

Canadian

Petrofina

Canadian

PiDe

Reserves—

July
Apr

July

Railway
Ltd

Line

25

preferred

Producers

Canadian Prospect

Canadian

Tire

14% Mar
35c

Jan

12%

Jan

Steel

Economic

19

Jan

Elder

67c

Jan

El

152

Mar

10

100

Jan

105

1.55

Jan

Corp

*

com

31c

El

July
May

Jan

27%

21

470

12

99c

1.10

54,988

96c

Jun

7.40

100

51%

Utilities

100

issue).

Canadian

Wallpaper

Canadian

Williston

Canadian

101%

•

Preferred' (1954

Canadian Vickers

25%

B

6.25

45%

125

class

National Gas

Ltd

Oil Producers Ltd

1

Gold

Casslar
Castle

1

Asbestos

Ltd

Central

Oil

Patricia

100%
17

Feb
Jun

1.70 Mar

Famous

6%

Jan

104

Jun

102

Jan

-15..

Federal

Apr-at- J

3.00

Apr

Flash

5.55

203

5.00

Jun

11%

Apr

Fleet

75c

5,900

64 %c

July

1.00

Jan

Ford

Motor

Jun

7.00

&

Iron

imore

Class

Foundation

Jan

2.70 July

Francoeur

5.75

Jun

Fraser

1.44

1.40

1.55

9,850

1.40

July

2.50

Feb

Frobisher

Co

1,800

67c

Jan

Warrants

13c

Jun

22c.

Feb

4%

93c

May

1.45

Mar

85c

5,000

6c

May

12c

13c

Jan

25c

Feb

83c

93c

10,050

5%,

5%

25

83c

July

5

Mar

Feb

22c

17c

13

13

2.19

2.07

2.23

1

5%

Gas

A

.

_

100

128,610

10% Mar

13%

Jan

2.23

Geco

Jun

July

1.52

4%c

5c

32,000

4c

Apr

7%c

31c

36c

10,800

28c

Jan

58 %c

20
17,655

81c

89c

5,875

54c

Jan

17%
23%

18

6,827
5,085

14%

Feb

19

Jan

24% May

20

Jan

24

—

.

22

21%

__

1.11

24%
22
1.20

11,025

25

26

227

28
8%C

35
3,000

3.55
48c

5,050
37,900

.

..

—

28
8%c

3.45

3.35

360

45c

45c

12c

15c

7,000

—

3.00
1-75

3.50
1.90

•

91%

89

91/a

_68
5.250
2,0^5

*
"

—-

•

4

•

common

1956)

1

17%
—

20
4.10

53c

66c

20,100

40c

Mar

66c

(extended

to

June

Power

Chimo

1

1.43

1.26

1.49

202,060

1.02

Jun

1.64

Jan

400

2.00

Jan

3.00

Apr

—

100
;

common
-

Mines Ltd

Dynamics

1
—•
•

—

—

—

33c
24%

112

100
—100
1

10%

•

preferred
preferred

General

July

2.00

2.00

Citra-Lartic

1

5%c

5c

5%C

7,300

Cobalt

•

70c

60c

70c

53,700

Voting

trust

ctfs

67c

Cobalt Consolidated Mining Corp
Cochenour Willians

Cochrane-Dunlop
Cockshutt
Coin

Lake

65c

73C

l

93c

88c

95c

*
«

footnotes

see

page 41.




14 %c

Jun

1.10

Jun

23'A

Jun

25c

Jan

1.07
18

Feb

Jun

Apr

2.10

19

Feb

28

26

Jan

29

7c

3.50
45c

May
Jun

3.05

July
July
May

1.15

Jan

12c

*

Apr
Jun
Jun

Apr

68c

Apr

23c

Jan

5.00

Apr

2.20 May
100

Apr

12%

Jan

19

May

20

85'A July

2,000

16%c Apr

77c

Jan

5.05

Jan

85'A '85'A

4.00

J-4®

13%c

64

1,000
1,180
11,670
400

6%

—

18c
33c
24%

18c
36c
24%

Apr

6%c

Jan

15%

Jan

20

Jun

4.00

July

5'/bc

30c

Feb

5.20

Feb

1.08 May

4-561

60

110%
112
112112%
10% 10 A

23,460

6 A

6'A

00

Jan

Jun

_

55c

Jun

54,491

65c

July

7,800

65c

Mar

8 %c

1.20

1.15 Mar.

1.43
1.08

General

Jan

9(>eel

Wares

common

'

Geneva

rcfant

Jun

Glenora

1

Lake

Yellowknife

Jan

Gold

14'A

60

Apr

7%

7%

1,417

Jan

11%

Jan

Goldale Mines

9c

700

7c

Apr

10c

Jan

Goldcrest

14'Ac

15c

2,200

14c

Mar

42c

Jan

Gold

7%

Jun

Eagle

—

Mines

4'Ac

1

8.10
__

*

Gold

14%

13%

Lake

Mines

—_____1

Gold

God'8

15

103

72c

1
1

13c

1

—

—

5'Ac

8.10
3%c 3%c
70c 72 Ac
25 "Ac 25'Ac
12c 13'Ac
7c
7c
8.00

112

112% July
13

Feb

May

58

Jan

78

July

650

lT'A

Jan

Feb

52

1,550
200
1,800
165
55
5,000

• 1

July

104

109%

Jan

78
5.30
5.10
11%
103

100

Preferred

Feb'

Jun

Jan

50 A

5.00
11%
99%
4'Ac

Jan

25

5%

49

—

78c

Jan

35%

74
5.25

—

Jan

Jun

20%

2,005

78

1

Jan

Jan

49

1

common

Class A

25c'

5.55

5

Petroleum

General

92

30c
<

3

-

General Motors

9c

_

7%

1

j

5c

60c

3,300

67c

71c

common

1

Coldstream Copper
For

60c

1

Equipment

Farm

19% Mar
15c

17%
5 Ac
20
4.20
77c

17%
5'Ac
19'A

Apr

64c

Chemical

Jan

22
17c

3.50

——

General Bakeries

Jan

5c

34 %c

1
*

43c

17,900

22
15c

12'Ac

—

Exploration
Exploration of Alberta

5%

Feb

1

Gold

Jun

17c

24c

22
16c

_

debentures

Gatineau

1.74 Mar

Chibougamau Explor
Chromium

Jun

Jan

—1

5 % %

Mines

Feb

May

10c

—20
•

pfd

Gaitwin

Feb

8,500

Mines

6%
69c

Jan

1.19
7c

Chesterville

Jan

14 %c

20

common

Ltd

11,500
17,300

•

20c

Cheskirk

42c

1.43 Jan

31

Jun

—
—

Gold

14c

13c
7c

50c

Apr
July

Jan

Mines

class

Cos

68c 70'Ac

1.05

19c

Research

15,125

July

4'A
25

5c

warrants

B

Fasteners

Jan

Jan

7c

Chemical

69c

72c

Apr

7c

—

Manufacturing

-

3.70

*

62c

•

1.53 July

20c

Chateau-Gai Wines

64c

1

458

Jun

525

8%

125
285

Feb1

4.50

1,500

Petroleum

1.66

:

3.55 May
64

2,000

•

22,500

5%
25'A

1.17

Jan

3.55

8,000

1

Feb

2.70

10

85c

5

25

-—-——*

A

Jan

1

j—

class

2.01

1

Oils

72c

__

18
24%

-

34%

4.85

*»

80c

Feb

Jan

80c

9c

4

25

Chamberlain Oil
Chatco Steel preferred

8,810

Apr

5%c

Kirkland

erated

6.15

■

19,800

—•
•
1
250

,—

50

5.80

90c
4.25

3.45

8c

.

450

2.39

88c

4.00

Jan

1

12

6,840

90c
4.00

1.90

Jun

Jan

4.45

.

8,200

Jun

1.09

25

Preferred

Apr

Centremaque Gold
Charter

Grain

2.50»

_

2.45

27c

5'Ac

—

Jun

27

Players

6.15

1.10

Jun

2.25

2.41

.

8c

pdf

Fanny Farmer
Fargo Oils Ltd

Apr
Jan

4.65

1

May

74c

1

8.00

55

2.70

1

Uranium

15c

69c

22c

Mar

—

Ltd

Falconbrldge Nickel

1

Porcupine
Lake

Centre

27,700

16c

70c

62c

25'A -Apr
43c
Feb

—•

(T H)

63

-

Central

Jun

1

2.65

6.25

Jan

70c

"

:

Corn

•

-

Feb

1

Glacier

•

Explorers

Apr

8%

Jun

22c

10

64 % c

—

23%

Feb

20c

1

Oils

Mines

1

Corp

Trethewey

Central Leduc

30

2,370

99

____

5.55

— —

Jun

13 % May

6
35c

420
15,000

1
—

1.53

1.53

7% Mar

49%

25 % May
9
Feb

20% Mar

19%

70,000

25
25c

-1
—.

63

—

Jan

43,950

45c

25
22c

1

Mines

12

—

1

Canso

5

26

38c

25

24c

1

Mines

2.52

*

A

Canso

Central

25%

6c

class

•

102

101% 101%

•

Minerals

Wirebound

Cariboo

102

102

.100

preferred

41c

1

.

Gold

Federal

Canadian

1,875

1

Pen-Rey
Sol

Eureka

22% May

6,253

19%

51%

6%

18%

Jun

Jan

July

26%

7.40

51%

6

•

Mines

Emerald

Jan

II,800

25%

1.05

540

Invest

Estabrooks

4.15 Mar

1.02

35c

19%

1

4,915

9% Mar

16% Mar

100

33%c

8'A

23%

Metals

Eastern

Apr

2,330

26%

2,437

1

Nickel

Jun

105

10

25

8

Mines

5.00

3.00

31c

24%

__1

Malartic

2.79

168

35c

3,115

25

21%

-_

Sullivan

105

1

Jan

8

Minerals

Dyno Mines

Estella

Canadian Oil & Gas

Jan

46 %

•

Rim

2.80

168

11%

55

12

21%

common

Gas

&

East

168

100

100

49'A

11%

•

com

Mines

Oils

East

168

100

Warrants

14

49'A

11%

•

common

Textile

Feb

63

2.80

preferred

5%

-

*

Canadian Malartic
Canadian

33

Oils

32%

2.25

_

14

49'A

•

15'A July
14% Apr

Feb

30

*

A

Jan

_23.50

Eastern

Class

Preferred

11%

com—.1

Brewery

Duvex

2.95 Mar

Jan
Apr

24%

—

Stores

Dominion

9.60 Mar

70c

64

24%

—

99'A

4,237

Coal

&

Preferred

50

1.61

63%

24%

*

com___

15

15'A

50

Invest

—.

Steel

Dominion Tar & Chemical

22%

1.65

63%

•

103

14'A

__

•

Jan
Donalda

Canadian

102

14%

14%

—100

Preferred

Canadian Bank of Commerce

Apr
^an

_•

com

2,078
1,000

23,£75

5.00 Mar

7.00

Apr

4.90 Mar

7.00

Apr

10%

Jun

99% Julv

4'Ac
7.70

Jun
Jan

16%
104

Jan
Jun

9%c

Jan

9.70

Jan

3'/sC Mar

5'Ac Feb

65c

1.00

Mar

2,000

23 %c

5,500

ll%c Jun

3,500

6% July

6c

Apr
Mar

37c

Jan

-Jan

23 %c

Feb

12 %c

Jan

<«:

40

The Commercial and Financial Chronicle

(192)

.

.

.

Monday, July 12, 1954

CANADIAN MARKETS
FOR WEEK

RANGE

Toronto Stock Exchange

Week's

Friday

(Cont.)

Last

stocks

of Prices

Week's

Friday

Shares

Sale Price

Range Since Jan. 1

Sales

Range

for Week

of Prices

Shares

Last

stocks

for Week

Range

Sale Price

ENDED JULY 9

Sales

High

Low

I

Uranium

Goldfields

—

Goodtlsh

Tire

Preferred
Graham

common

—

4,100

46c

4,210

10c 12 %c

—

12 %C

«.*
1
•

—

Mining

Goodyear

1.55

51,700

42c

■

.—

Porcupine

Goldhawk

1.45

1.45

—1

Manitou

3%c

3c

3%c

1,500

132

129

132

120

52

1.35 Mar
29 %c Mar

3%c

Apr

3c

July

97

Jan

48 %

Jan

1.91

Apr

Gold

Jan

Marcus

14c

Jun

Marigold Oils Ltd

6c

Feb

Martin-McNeely

Jun

Marwayne

52% May

122

32 %C

24 %c

35c

119,600

24c

May

49c

Jan

Maxwell

19%c

19c

20c

22,750

15c

Feb

29 %c

Feb

Maybrun

—•

25%

,

Ltd

—

Northern

Great

common

Util

Gas

Great

West

Grass

Sweet

Great

Gridoll

Gulf

Coal

Freehold

Mines

Gwillim

class

Brass

Hard

Harrison
Hartz

of

.

Lakes

Headway

*
1

\

Hasaga Gold
Head

1

Mines

class A

1

Iron

Lake

Red

1

.

182,050

6%

325
700

1.01

Apr

class

22,000

6%c Jun

33,865

8.00 Mar

5%c

7c

6,000

41

940

Jun

5%c July
327/8 Jan

Heath

Mercury
Mills
Merrill Island

14% May

15%

Feb

Merrill

12c

July

24c

Feb

Meta

Feb

9

8c

May

17%c

8

July

100

13c

14,700

8%

300

10c

11,000

8

8%

250

21c

3,825

15c

Mar
Jan

45c

May

Jun

26c

Jan

7%

37c

30c

39c

14,330

10 %c

10 %c

13c

12,000

10c

4c

—*
1
*

Highland-Bell

7c

6c

7c

1

Mines—

20,300

Jan

8%

July

25c

Jun

6c

July

13 %c Feb
7%c Jan

4c

4c

3,200

37/8C

13c

15c

4.500

13c

May

30c

Jan

36c

36c

500

30c

Mar

42c

*

46

45

46

655

9%c July
28 V2 Mar

46

5

15%

15%

15%

2,755

11%

16%

•
1

7.90

7.90

4,299

7.60

Yellowknlfe

Hinde

14c 16 %c

22,450

Dauch

<fe

Oil

Home
Homer

1

Gold

Hosco

11c

9%c

9%c

7.60

—

4%C

4%c

Smith

Paper

•

common

2,800

4%c

5,000

•
•
1

Hoyle Mining
Hudson

& Smelting

Mining

Bay

Hugh-Pam Porcupine

class

Hughes-Owen
Huron

Erie

&

—

25%

1,488

50

200

Jan

Preferred
Mexico

4%c

Jan

16c

Jan

July
Apr

6 %c

Jan

19%

Jan

25% July

45

Jan

50%

1.70

Feb

37%

Jan

30c

29c

6.25

4,700

29c

30

6.50

|

12

July
May

69

13

125

Mar

1,445

Imperial Varnish pfd

*

6.25

July
July

2.50

Jun

47% May

525

26% Mar

100 100'/a

205

91

51c

Acceptance

*
2

common-:

preferred

Ingersoll Machine class A

•
1

6,000

&c

Mining

Inspiration
International

Bronze

Powders pfd—25

Metals

class A

•

Jan

5,350

19%c

Apr

944

53

Jan

66'A

Apr

7

475

7

Jun

11 % Mar

42c

8,350

30c

Jan

43c

7%c

11c

10c

41,820

5c

Jun

lie

13%c 18 %c

5u,200

6'Ac

Jan

1.50

1,900

95c

Feb

32c

33c

3,500

20c

Apr

■

6.75

5.80

6.80

10c

'21c

5.80

7,624

20c

315,770

5%

5%

Jan

8.20

5c

10%c

Jan

360

36%

Jan

100

43

Jan

49

Mar

6,927

28

Jan

36

8

7

6

50c

48c

52c

5,210

21

21

22

130

21c

20c

21c

4,500

9%

9%

7,045

25

25%

275

30

30

42%

44

43

43

44%

8%

8%

8%

2,047
415,
125

2.20

2.15

2.30

15,750

15%

15%

15%

70

33

33

1,215

9

Mar

23%

Feb

30

Mar

Waite

25%

25%

25%

7,605

5c

5'Ac

6,000

8c

....

Jellicoe

Jet

1

Mines

1

Oil

8c

700

8c

lie

12,500

1.74

(1939)

Mines

1
•

1.77

1,700

22'Ac

Ltd

Oils

27c

294,089

11 %C

3,000

10c

9%c

10c

10,500

1

58c

41c

73c

1,612,135

•

22 %c

21 %c 22%c

28,000

1.50

4

Ltd__

Jonsmith Mines

Ltd

Oils

11c 11 %c

*

'

Joliet-Quebec

Jupiter

26 %c

—III

Gold

Joburke

— —

1.75

1

1.50

1.55

2,600

lie 12 %c

11 %c

15

15%

2,291

14%

14%

14%

50

10%

17

17

17

85

14

Mining

•

Corp
Containers

Modern

*
*
*

common

A

Class

Porcupine

12c 12 %c

30

Corp common

Drug

National

Chemical

&

com

30 %

11%

class

Hosiery

43% July

National

Steel

10c

10%

Jun

25% May

New

30

Mar

5

58,000

May

500
360

9'A

Jan

13'A May

11%

Jan

13%

Jun

57c

Jun

12%

Feb

•12,200
560

10

28

125

6%

6%

40

27% May
6'A Apr

1.70

1.80

2,800

13%

•

22c

34%

Jun

Devon

25

9'/aC Feb

14c

2.23

2.65

162,720

1.38 May

2.68

8c

10c

12,150

37 %c

36c

39c

59,650

•1.45

1.35

1.45

60,890

2.22

2.10

2.35

12,925

65c

65c

66c

6,400

55c

Feb

91c

57c

65c

4,000

57c

11,000

38c

July
July

75c

Mar

Jun

7%c May
Feb

28 %c

1.19

27% May

New

1.15

Hlghridge —>
Malartic

14c

Jan

51/2C Mar

28 %c

July

New

Keiore

New

Larder

Jan

May
May

27c

19%

Jun

5c

May

691

23.000

17%

18

1,785

9c 11 %c

9,500

8c

Jan

2,400

52c

Apr

23,900

14c

3,910

22c

35c

25,720

15c

20c

23c

2,850

20c

July

48c

Feb

12c

12c

14c

3,125

12c

May

19%c

Jan

19c

25c

10,166

19c

Jun

52c

Jan

13 %c

July
Jun

New

Morrison

New

Mines

Ltd

Pacalta

Apr

Richfield

20c

Jan

New

Rouyn Merger—

Apr

New

Ryan

Senator

64c

64c

64c

90c

37c

35'Ac

37c

6,825

35c

Apr

60c

May

New

Superior

20c

16c

20c

11,000

14c

Jan

24c

Jan

New

Taku

5c

6%c

Jun

15c

Jan

New

Feb

47c

Jan

Nib

Jan

13c

Jun

4,500

5c

July

10'/a c July

12c
6%c

5,500

6c

Jun

95c

50,100

90c

16c

15c

July
July

5c

Jun

8,100

16c

7,600

6c
12c

15c

6%c

3,500

12c 12 %c

9,000

*

9%c May

9%c Mar
25c

Apr

9c

Jan

2.11
20c

Jan

Jan

12%c Mar

30c

.

19c

May

4%c

30c

191,700

15 %c

Feb

34c

Jan

7c

4%c

Jun

7c

July

4c

4%c

3,500
303,500

4c

Jun

9%c

Jan

4%C July
8'Ac Jun

7%c

Feb

19c

Jan

4'Ac

Apr

7%c

Jan

11,000

9c

Feb

12c 13 %c

21,500

9c

May

2.50

2,066

4%c

4%c

2,020

9c

9%c

4%C

4%c

4%c

3,500
2,000

13c

12c

14c

12c

&;■
£

Mines

24 %c

,

-T;

•

18'/ac May
25c
Feb

Mar

1

40c

6%c Mar

6c

Pete—-————

Lake

1

13'Ac July

90c

—-ti:

Oils

1

12,000

110,450

10 %c

1C

New
New

Townsite

May

15c

91c

f#

Norzone

Jan

Lake

39c

Jun

5%c

9%c

Kirkland

3.00

5%c

Gold

Klrkland

24 %c May

:

12c

.—
,

,

19

1.02

May

V'-';
l/V*
1/*;

Explor

Mylamaque

New

Jan

•§;;

2.15 Mar

Jan

2.60

9c ll%c
1

&t;

Newlund Mines

Newnorth

'

11c

—

-.—

U

Marlon Gold

25%

Feb

89,600

l/v;

New

63c

60c

16% Mar

Jan

14 %c

Gold

Jason

New

12 %c July

Jan

16c

ifc;

Laguerre Mines

Jan

73c

1.53

Jan

2.95

,

Mar

3.80

23c

1.29

2.95

IV.1

—

1.40 Mar

26c

2.70 May

1.23

1#

Hugh

New

Feb

14c

15c

Harricana

New

1.60

2.80

£,■'

Fortune

New

Jan

Jan
Mar

25c

1

Goldvue

6%c

—

1.77

Jun

13c

70c

81c

Warrants

Jan

40c

38c

Jan

1.20

Jun

23c

Jan

21%

—1

38c

1'^

Dickenson Mines

20%

5c

9%c

Keymet Mines

41

* %
•

*

New

9%c Mar

26% May

920

600

£

1

Petroleum

Apr

10 %c

Jun

25c

Delhi

New
New

Jan

2.09

26

9%c

Mar

Jun

7%

12c

f

Oil

Continental

Apr

28

12c

4

Development

Jan

25%

25%

1

Mines

Concord

Mar

1.40

• «

•

Calumet

Feb

21c

49c

British Dominion Oil

Jun

21

Feb

11%

10%

1

Jun

Feb

40'/ac

11%

.

1

26 %

5c

6%

Jun

28

Oils

42 %

July

July

20c

12

28

Bristol

135%

1.50

30'/a July

13%

Bidlamaaue

Jan

16c

Jan

44c

New

Jan

9%c July

Jan

10%

1

19

29 %c

Jan

16%

24%

2,292

2.49

Uranium

Alger

New

Jun

Jun

23C

Jan

47c

1

Labine

Nesbitt

3.35 Mar

10c

Mar

15

16% May

Jun

May
17% Mar

53c

10%

•

Car

Mines

Negus

Jan

71/2C

15

Mar

13%

*
25c

B

Petroleum

151/2 May

5c
May
71/4C Mar

Apr
May

V-

45

20

National

Apr

29% Mar

15% July

• \
•

—

Preferred

New

2.00

Feb

5

Preferred

New

17%

*

Feb
Jan

21c

*
5

Ltd

Naco

New

21

Keyboycon Mines

May

43c

41c

700

28%

Jan

10

6,500

16

5

Brass

1.60

11,600

15%

*

Petroleum

Morrison

51c

50c

51c

Montreal Locomotive

9

5%c

1

July

27

Feb

6,100

45% May

*

Gold

Kenville

Kerr-Addison

9% Mar
67c

Apr

7,000

47

_1

Kelvinator

9% Mar
7

2.15

825

7c

1.80

.

Kayrand Mining

Apr
Jan

14'/ac

2.35

1.70

New

Jaculet

Jasper

23c

6%c July

2.30

Jan

Jan

734

132% 133%

5%c

Feb

May

Jun

6%c

Jan

34%

21%

•

8.00

2.45

1.78

Mar

128%

21

—1

2.50

33c

'Feb

Mar

Jan

2.30

8

55

21

5

Mines

Jun

1.75

6%c

39

341/2

9,317

42%

41%

42%

Gold

Jacknife

Jack

Jan

20c

•

'

132%

Line

Apr

14%

•

New

Pipe

Interprovincial

Jun

6%

6'/a Ju.y
45c
Feb

•

New

30

*

common

Mar

5%

300

7

5%

May

•

Co

Preferred

Jun

9c

500

7%

"7

*

National Grocers common

33%

5/100

Nickel

International

International Petroleum

Jun

!

26c

1.30

8c

•

National Explorations Ltd

43%

25

33

July

12c

62%

•

Grain__

Brick

New

International

Jun

7

18c

•

uas

July

47%

9%

'

100%

40c

100

July

42

42%

Jun

Feb

11c

7-

'

$2

Jan

60%

12c

13.50.

13

l

Industrial

Jan

July

37

1

132

32%

«

5.50
17c

Jun

47%

33%

Jan

Feb

9% May

18

1

Mines

National

6c

5c

42%

July

5c

39c

Feb

Mindamar

Montoco

300

132

10
10
Imperial Oil
•
Imperial Tobacco of Canada ordinary 5
4%
preferred
25

July

9c

Minda-Scotia

Milton

Apr

3.501

13

Imperial Bank
Imperial Life

12%

32%

Feb

3.50

3,665
15

i:30

City Petroleum

25c

47

6C

150

18

'

Pacific

&

July

14c

2.25

131

Petroleums

Hy-Charger

3.50

9%c

32

62'/a

1

__—

Oil

Midcon

Midland

Moneta

2.06

100

1
1

Jun*1

7%

3.50

--

•

.—

Tramways

Jan

46 Va

6.25

Jup

20c

4c

17%

————

Light & Power common

Mexican

10%

2.20

30c

3%C

2,400
33,700

32%

1

Petroleum

July

46%

A————*

common

Oil & Refining Ltd

Husky

25
50

25%

50

Preferred

2,000

24c

9c

*
5
.—*
—1

_.

Uranium

Moore

Howard

Jan

Feb

Jun

Consol

Highwood Sarcee

Hollinger

52c

Jan

14%

17c

1

Gold
Gold

Crest Oils Ltd

High

July

8%

4c

.

3.50

—

Gold

McWatters

Apr

41

—

.

Lake

Red

Jan

10 %c

Mill

Heva

——

McMarmac

18C

«...

Preferred

Jan

8%c

10c
18c

•

common

Jun

33c

23c

*
•
100

A—

Froutenac

Jan

12c
11

8

8

Grain

McDougall-Segur
Mclntyre PorcuDine
Mclvor Drilling
McKenzie Red Lake

1.42 Mar

12c

14%
12 %c

McCabe

14c

Jun

9% Mar

9.45

40%

4.40

17%

7.20 Mar

7%c

*44*

Jun

Feb

7c

40%

29%

Feb

5

5.65

8.75

*

Hibbert

(F J)

1.25

6.05

Jun
Jan

7c

*
1

—

Carpets

3.95
7.95

9.00

•

A

Gold

Rock

Harding

1,265
3,400

6%

.

Hahn

4.20

1.13

——

1

Gold

Lake

Gypsum Lime & Alabastine

Jan

15%

6.05

1.25

1
1

Lead

Gunnar

18%

4.10

15%

•
9c

A

class

4,920

14%

*

1
1

Plains Development—

Great

26

25%

Feb

8'Ac July

23,300

7%

4c

8%

—1

—

Jan

8c

7,600

36c

24%c

17,350

12c

33c

High

Low

11c

10c

34c

•
•
*

Ltd

—.

Mines

Mccoll

Paper

Lakes

Great

8'Ac

-1

——

Ltd

Oils

Massey-Harris-Ferguson

52%

1
•

-50

—

Bousquet

UrauuinesMuiea

9c

*

1

High

11c

1
_—————————1

Malartic

Marbenor

58c

134

Low

Par

High

'

Golden

Range Since Jan, 1

'

•

Low

Kirkland Hudson

Kroy

8,500

1

37c

32c

39c

54,000

1.08

1.00

1.12

•7,900

•

Ltd

21%

21%

21%

May

19c

20c

Mines

Copper

Oils

61c

5c

1

Klondike-Keno
Kristina

500

1.00

July

1.80

Jan

Mar

21 %

July

10

Thurbois

(John)

Labrador

Ltd

'

8.60

8.90

2,470

62c

75c

30,000

61c

Jun

80c

Feb

Noranda

20c

12 %c

20c

18,900

12c

Jun

21c

Jan

5.00

5.00

5.25

810

6.15

Feb

Norlartic

Mining

i

22c

22c

500

20c

29%

30

600

28

the

Woods

*

common

8.70

30

7.75

Jan

5.00

July
May
Jun

24%c
32

Jan
Mar

Luz

Mines

♦

Gold

Lamaque

1.45

710

1.30

3.65

309

3.60

class A

3%c

Jun

Preferred
Warrants

—

Jun

1.70

Jan

4.00

North

Mines

3%c

1,000

16

16%

435

15

Jun

16% July

13

13%

350

10%

Jan

14% May

North

20

20

20

175

17%

Jan

20

Northland

3.50

3.50

200

1,80

Jan

5%c

Lawson & Jones class A

5c

6'Ac

4,000

Apr

21

21

50

73c

72c

73c

3,600

Lencourt Gold

7%c

7%c

8c

5,500

Lexindin Gold

10c

10c

11c

17,500

2.32

2.00

2.35

48,725

64:C

60c

64c

5,450

Leitch

Liberal
Little

—

Gold

Petroleum

Long Lac

Loblaw

Groceterias

class

A

6c

Jan

July

4.25 May

July

20% Mar

22 % Mar

60c

73c

Jan

7%c July
10c
Jan

North

1.90

Star Oil

Uranium

Louvicourt

Mines

Nubar

Jun

Mafie

3.00

Jun

Oil

1.20

Feb

Okalta

MacLeod-Cockshutt
MacMillan

&

Bloedel

45

953

37%

Jan

47

58

916

40%

Jan

58

4'Ac

4%c

7,432

8c

9%c

3,200

8c

July

30c

3%c Mar

5%c
18c

May
July
Feb
Mar

Omnitrans

68,200

28c

Jun

20c

14,000

13c

Jan

19

175

1.60

1.70

4,575

49c

53c

9,600

Jun

68c

Feb

Orange

9%c

11c

3,500

9c

July

16 %c

Jan

Orenada

42c

48c

95,200

18c

Mar

56c

1.98

1.90

2.17

21,350

22%

23

3,490

17%

Jan

1.66

1.61

1.66

2,125

1.60

Jan

7c

,3,000

May

1.10

Jan

28c

1.45 Mar
41c

1.26 Mar

1.97

2.40

Jan

Apr

75

Jun

6%c

Apr

10 %c

10c

Jun

14 %c Feb

3.00

5,113

2.80

5,395

7c

2,500

7%c

9

9%

2.50

2.50

100

10c 11 Vac

9%

Jan

Jan

Mar

8,500

16,200

7c

58

Jun

2,500

13c

5,775

2.35

Feb

9%c Jan
1.78

Jan

5%c July
6

2.15

Jan
Jun

4,000

10c

Jun

5c

6c

4,000

4%c

Jan

13c

10c

13c

13,300

9%c May

10,550

20c

29c

30c

6%

7%

200

71c

73c

6,510

12%

12%

10

9c

8%c

9%c

5,900

4c

3%c

4%c

38,789

1.25

1.25

1.35

7,400

12%

ft*

Jun

3.15
18c

3.40
16c

Jan
Jun
Feb
Jun

Jan

9'A May
2.50
25c
9c

Jun
Jan

Feb

24 %c

Jan

50c

Jan

8

Mar

May

3%c July

11c

Jan

1.25

15c

15c

2,000

3%c

1,000

3%c

2.65

2.55

2.75

17,060

1.90

85c

65c

85c

•

4,600

65c

July
Mar
Jun
Jan

July

1.96

Jan

18'Ac

Jan

4%c

Jan

2.95 May

95c

May

22

Jan

24

Feb

60c

Jun

97c

Apr

100

22'/a

Jan

25%

Jun

65,350

1.00

Jan

2.56

Jun

3.25 May

4.45

23%

24

74

68c

67c

69c

5,350

24

24

'-J

2.14

2.06

2.39

4.

10

Ontario Loan

f

Jan

12% July
18c

3%c

10-

80c

Feb

7c

*f.
1

Feb
Mar

11% Mar

*)y

—

Exploration
Club

6'/a
60c

14c

Jun
Jun

2.071

July

2.85

7c

3.00

*).

Warrants

40c

19

-74>/4

2.70

90c

Ontario Jockey

19

16

Jan

10c 10 %c
11 Vac

—'
•

Malartic

O'Leary

22%

class B

71%

%

46c

Mines.

75c

it

Oils

lie

Gold

12c

57c

—

Selections

53c

Mines

—

Office

1.65

Explorations

6%c May

2,100

29c

Gold

<»■

Ontario

Pyrites

Ontario

Mackeno

5.070

3.00

Ltd

Wood

O'Brien

16c

Mines

Mines

Oakville

19

Mines

Macdonald

9c

1.40

9%c July

*•(-

Jun

i

Macassa

7c

2.89

lv;

Specialty
Ogama-Rockland

38 %c

Mines

1,400

5%c

Ltd

Feb

8c

M)

2.25

7c

(1940)

Mines

Apr

55%

Goldfields

(Walter

2.20

1

23c

44%

mmmm

Jun

10c

::1

Trinity

Jan

56c

5c

73

I

Warrants

12c

57%

Lomega Gold
Long Island Petroleums

Lowney

1

59,000

11 %c

9%c Mar

44%

Class B

Lorado

'

5c

9%c

4;

Gold

Inca

Nudulama

Lavalie

7%C

X

Jan

13

«

May

57'C^A>Q<f&.;

y:
Oils

Canadian

16

2%c

Jun

12c

9c

J&

Norpax Oil & Mines Ltd

*

1
Shops

Candy

Acceptance

19c

Mar

2.20

:=!•

Mines

2

Secord

Laurentide

1.45

3.65

....

Mines

3

Mines

Lapaska
Laura

•

May

7c

l|

Normetal Mining

North
La

12c

3,000

1?

Norgold

i

Mines

Apr

500

9%c

9c

1

Mines

Mines

4.25

18c

8%c

May

Nipissing

Nor-Acme Gold

Mines

Wasa
of

17

66c

Shore

Lake

2,925

Hi

Dufault

Lingman

Lake

,

—i

Mining & Exploration

Lake
Lake
Lake

•

Jan

2.25
18c

iy.

Yellowknife

Nisto
Labatt

Ltd

2.10

2.30

8%c

%.
1
£-•

of Canada

Oils

Mines

Steel

Opemiska

Co

Ltd

• V*
*

common

Copper

Mines

l

1,007

Feb

Crush

*

4.00

4.00

4.15

Gold

1

5c

5%c

3,007

5c

July

7%c

Jan

1

38c

37c

46c

25,500

35c

Jun

58c

Jan

15c

Jun

59'/a c

Osisko Lake Mines.

y

Jun

Magnet Consolidated
Malartic
Manitoba

7c

&

Eastern

;

Maple Leaf Milling common

1.40

1.45

5,000

1.31 Mar

3c

3%c

8,500

2%c July

6c

8%

see




page

41.

8%

9

1,040

7

5%c

Maralgo Mines
For footnotes

7c

1.45

3%c

Goldfields

5%c

8c

1,500

5c

Feb

"

Jan

Mar

23

1.80

10c
1.70

4%c
9

11c

July
Jan

Feb

16c 17 %c

24,425

Pacific Petroleum

Madsen Red Lake Gold Mines

1

8.00

7.60

8.00

14,240

Page

*

68

68

69

1.450

*

66c

65 %c

66c

2,500

84c

Apr

10c

37c

37c

40c

12,100

31 %c

Jan

46c

Mar

1

5c

5c

47/bC

Jun

11c

Jan

1

29 c

11c

Jan

38c

Jun

3.00

Jun

Pacific

(Eastern)

1 ••

Hershey Tubes

Feb

Pamour

Apr
Feb

Pan

Apr

Parbec Mines

Jan

Parker Drilling

Porcupine

Western

Paramaque

Oil

Mines

•

«

16 %c

3.00

5%c

2,000

26c

37c

350.400

3.00

3.00

550

6.90
60
61c

Jun

Apr
Mar

11% Mar

74%

Feb

5.00 Mar

r

Volume

180

Number 5341

.

.

The Commercial and Financial
Chronicle

.

(193)

41 f

CANADIAN MARKETS
RANGE

Friday
STOCKS

Week's

Last

Range

Sale Price
Par
Partanen

Paymaster

><-ace

Nat

High
1.500

7%c

55c

2,600

51c

38c

41c

Gas

1

Peruvian

Oils

Oil

Pickle

&

Pioneer

&

Mineral

Mines

Oils

1.00

1.15

41.800

,75c

Mar

45c

50c

23,900

39c

Jan

3,868

95c

Mar

1.03

1.03

1.08

1.77

1.73

1.79

1,200

12c

10c

13c

35,200

28%

29%

28 'A

80c

1

1.80
18c

River

*

35

Rouyn Gold
Coro

•

Oil

East

Pronto

Prospectors

Quebec

Manitou-„

Quebec

Metallurgical

:

Red

Poplar

51c

4c

^

Rio

A

Riverside

3,139

4c

4c

15,100

Oils

Little

class

i

4.40

24,600

1.00

1.20

96,495
9,900

62c

2,500

_

_

_

Mar

Corp,

_

_

Weedon

73c

May

Westeel

Jun

43 %c

Jan

Western
Western

Canada

11

11

25

95c

90c

1.00

142,125

54c

:Mar

15c

14c

15c

23,512

14c

Jan

8,500
3,500

65c

Jun

9c

8c

Apr

12c

4%

3,000

3%c

Feb

7'Ac!

67c

9c

1.13

90c

1.20

113,382

87c

Mar

52c

52c

55c

17,151

43c

Jan

20%
11

1.20

10%

1.16

41%

45

8

Jun

1.25

39,830

41%

25

41

Apr

14%

100

14

15c

19,100

lie

1.10 Mar

13c

97Ac 10%c

2,000

Territories

23c

.

1.20

Apr
Jan
Jan

,

Apr

1.24 May

74c

May

15

Jan

1.65

White

Hardware

Wilrich

_

43%

45

2,817

3.05

20,490

Wiltsey-Coghlan

11

10%

11

1,652

Winora

Feb

Wood,

10%

7c

7c

9'Ac

21,000

3'Ac

4c

24,000

15

15'A

470

9c

9c

9c

18c

52%

52'A

8c

100

1.70

1.79

2,300

27c

27c

500

27c

1.36

1.35

&

Power

Larder

Gold

3,486

59%

7,808

5

5

100

21c

22c

Jan

8,000

4c

July
July

39c

8c

8c

July

25c

29c

21,600

13c

Jun

33c

20%

21

460

12c

12c

13c

14,407

22

18

22

33%
38%

__

10,225
120

6,250

1.75

1.75

1.85

4,600

52%

47%

52%

1,493

50

49 7A

50

85

50c

54

7'Ac

1

.

—

38%

7'Ac

4.00

120

Jan

1.50
11

Jan
Mar

1.™ Julv

1.55

39

Jan

10'Ac

Feb

52% July

2.53

1

2.20 1

Mining

!

44%

Jan

50

50

Feb

11c

42C

Mar

87c

445

24

Jan

29

27

28%

535

23%

Feb

28% July

5.50

Jun

7,000

10 %c

July

Simpsons Ltd
preferred

17%

17%

100

1.05

1.04

1.12

31,970

*

A

3.75 May

205

10%

10

10%

387

20%

19%

21

9,291

50

class

51%

51%

52

290

55c

57c

2,500

33%

34

680

*

Co

Oils

•

Ltd

•

Mines

Paving

4.30

class A_

Stanwell Oil

Gas

&

15 %c

6.15
18c

July

Apr

15c

_*

Ltd

Jun
Jan

1.20

Apr

Apr

11%

Jun

9%

19

Feb

14% Mar

21% May

47%

Feb

53%

40c

May

80c

Jan

29%

16c

5,100

26c

1,198

25c

26%

1,266

20

10%

10%

10%

5

50c

11,022

36c

10 %c 11 %c

49,500

10c

40c

75

33

Jan

38% July

1,050
296

34% Jan

101

102

360

95%

25

3.90

July
Mar

36c

46'A

Mar

Jun

Jan

103

May

48

July

48

July

July

80c

Jan

9'Ac

Jun

48

48

45c

48c

15,900

45c

8c

9c

13,700

6%c Mar

5%c

6c

6'Ac

9%

__

46 %c

5.80 Mar
95c

—

10
—

;

1,000

5%c Jun

6%c

5,000

5%c Jun

10

2,440

102 % 102 %

10

7'Ac

7'Ac

1,000

5

5'A

250

1.61

—

1.65

6,340

—

7

May

97%
7c

Feb
Jan

5

Mar

1.55

Jan

9c

Feb

9c

Feb

10

Jun

102% May
18c

Feb

6

Jan

1.96 Mar

1

33c

Mines

1

34c

9,500

'Ac

%c

13,700

6'Ac

—

7'Ac

4,000

6'Ac

6'Ac

1,000

1.33

1.30

1.36

3,780

Yukeno Mines

1

12c

12c

14c

8,733

Zenmac

1

17%c

17c

20c

25,300

Mines

—

22c

Mar

'Ac July
6c

May

5%c Jan

41c

Jun

%c July
10c

Jan

9c

Feb

Jan

1.47

Apr

9c

Feb

22c

15c

Jun

27c

1.14

Metal

Feb

Toronf0 Stock

Exchange

-

Curb Section

Canadian Fnnda
:

»

Friday

.

STOCKS

Week's

Last

Par
Andian National

for Week

of Prices

Low

*

Anglo

Sales

Range

Sale Price

Shares

Range Since Jan. 1

High

Low

High

7

7

240

7

Jan

9

Mar

Pulp & Paper
Anglo Newfoundland Develop
Asbestos Corp

•

31

31

31'A

125

26

Jan

31%

Jun

5
•

9%

9%
27%

97A

7,480

7%

Jan

10

28

1,895

24%

Jan

Brown Co common

1

12%

12%

1,725

*
*

87

Jan

51'A

51

51%

330

49%

Jan

51%

Apr

5

6,70

6.20

6.70

775

5.60

Feb

7.25

Feb

Canadian

—

Apr
31% May

1st

preferred
preferred
Bulolo Gold Dredging
2nd

—

101

12'A

100% 101%

50

8%

Jan

13'A May
102

May

12c

6%

Jan
Jun
Jan

34

May

25c

Feb

34c

Feb

May

26% July

Jun

11% May

Jun

1.00

Jan

&

Canada

Dominion

Sugar

Vinegars

Canadian General Invest

Canadian Indus

Can'adian

19%

19

19%

905

17

Jan

19%

Apr

15%

15%

15%

20

13%

Jan

15%

Apr

26%

26%

252

23%

Jan

26%

Jun

20%

24%

3,216

•

Ltd

(1954)

Industries

1

•

*

.—

com

—

new—*

24

20% July

22% July

Ltd

Being exchanged for Canadian
Industries (1954) Ltd and
Du

Pont

Securities

Ltd
_

Canadian

Starratt

Olsen

Stedman
Steel

Gold

1

Bros

•

Canada

of

__

22

21

22

625

36%

35%

37

6,874

♦

5%c

5%c

6c

4,000

1

7.55

7.50

8.75

26,968

15c

15c

500

14c
13c

•

Steeloy Mining
Steep Rock Iron Mines—
Sturgeon River Gold———

1

Sudbury

Contact

1

18c

15c

18c

Sullivan

Cons

27,900

1

3.05

2.90

3.45

100,798

Mines

■

18%
29
5c

6.50

May

18c

Apr

22

Mar

37

Jun

Jan

May
May

13c
8.75

Jan

July
July
Jan

July

18%c Jan
28c

Jan

Ingersoll-Rand

*

73

73

73

25

Canadian

Marconi

1

4.75

4.70

4.75

600

Mar
4.40 Jun

78
5%

10%

10%

100

10

Jun

12 A

Feb

68

68

25

64

Jun

70

Apr

50

53'A

4,410

40 A

Jan

53 A July

15c

16c

3,700

10c

Feb

Canadian

Superior Propane Ltd pfd

25

Surf

24

100

17'A

17'A

17%

1,460

100

Inlet

24

•

104

104

104

48

11c

12c

4,700

50c

12c

1.65

Feb

3.60

Jun

23% May

25

15%

Jan

18

Apr

Jan

105

Canadian

1

Westinghouse

Consolidated

-*

Paper

*
—

Oil

Dalhousie

deHavilland

—

*

—

53%

•

*

Aircraft

Dominion

Bridge
Glass

—

HO

115

50

17

18

40%

—

*

40%

3'®2°

18

—*

common

250

34

34

250

Securities

com,—*

27%

26%

27%

3,566

34

34

34

International

Paper common

*
7%

73

73

74

25
1,856

International

Utilities

5

33%

33

34

10c

May

20c

Jan

•

2.30

2.20

2.40

2,900

1.65

Sylvanite

1

1.12

1.06

1.13

6,258

1.06

39

39%

115

*

10'A

10'A

10'A

210

8%

Jan

10%

Oilcloth

*

10

12'A

12'A

12'A

100

10%

Apr

_1

12% July

2.12

2.03

2.12

3,375

Jan

2.65

1.00

1.00

720

15c

4,000

18

10

Taylor,

Ltd

common

Pearson

common

Preferred

Feb

July

2.70

Jun

1.22

Jun

DuPont

Hayes

of

Canada

Steel

37% May

48

*

8

8

8%

235

Loblaw Inc

6

48%

48%

49

151

May
Apr

Texas

Calgary
Thompson-Lundmark

1
•

14c

14c

Tip

*

18

18

Top

Tailors

•*
—

—

„

1.83

99c

Jun

12c

May

18

Jan

35c

Jan

1.60
19c

25

5

36%

35%

37

2,891

Pato

Consolidated

1

4.10

4.00

4.10

2,650

Pend

Oreille

1

5.00

5.00

5.65

2,150

Price

.

Teck-Hughes Gold Mines

Bros

*

41

39

41

4,835

33

32%

Minnesota

&

Jan

Feb

Gold

•

45c

Torbrit

15,100

Silver

1

1.49

1.40

1.54

3.800

Elevators

*

15%

14%

15%

1,200

20

31%

31

31%

415

*

21

21

23%

75

16

*

21

20%

22

575

17

Jan

8c

8c

2,600

8c

Mar

38%

39 %

2,080

32%

Jan

40%

Jun

d Deferred

99%

99%

50

93

Feb

99%

Jun

In

1,095

41%

Jun.

42% July

Toronto General Trusts
Toronto

Class

Iron

Wirks

common

1.20 Mar

13%
30

61c

1.70

Jan
Jun

Jun

Towagmac
Traders

4% %
5%
Trans

—'

1

Exploration

Finance

class

1

A

•

preferred
Empire

Trans Era

39

100

preferred




!

1

42'A

42%

•

Oils

Oils_

42%
1.90

1.85

1,91

3,994

•

33 c

30c

37c

104,800

1.85

30c

Ontario

Paper

Apr

34
25

^pr
Jan

43 A May

27 A

.Jan

35 A May

26% July

27 A July

--

(

-—

54

Jan

lov

6

Jan

--

74

tv

8 A

2

Consolidated

1

Jun

Jan

July

FOOTNOTES
Ma

Odd

—

33

50c

966

53c

,

2.55 Feb

Jan

nar

FOR

OUT-OF-TOWN

i]ln

49

Jun

28

37

Jun

Jan

3.50 Jan

3 55 Feb
32

Jan

I'le

5.65 Jun
41
July

18,604

23% Jan
Feb

50c

33
69c

lot

sale

AND CANADIAN MARKETS
t

value

(not Included In

Ex^licjuicl^tinff dividend#

(Un) Admitted to unlisted trading

year's range).

13%c Mar

65c

--

Ju y

34% Jan

Jun

23

Stores

Yukon

May

Jan

Thrift

$

40

Apr

35 A

15% July

a

A

98

Mar

Toronto

42c

Feb

Feb

Tombill

42c

Jun

23'Ac Apr
130
Jan

897

Dominion

Interprovincial Utilities

Tamblyn

70

Feb

101

May

Switson Industries

Gold

Lumber

Western

Dominion
Supertest (ordinary)
Preferred

t|

Mar

Jun

25c

1

Apr

38%

19%cMay

Jan

17

23%

*

34

Jan

81c

24%

(1944)
common

Standard Radio

34

Jan

1

Canada

Valley

27%

1,100

'Ac

Oil

Jun

2,000

♦

Dairies

Jun

75

66c

Jan

14,450

10 %c 12 %c

22'A

33%

102

100

Zinc

Jun

7'Ac May

29

11c

Feb

4.25

:

Jun

54

1,833

82c

5

17%

42%

1

1

Mines

824

66c

52% July

4.05

^______1

■

common

Jun

Mar

Feb

3.90
•

33c

&

Canuck

May

Jan

82c

5.65

23

12c

42%

1

Lead

Rights
Yankee

Jun

"5

3.90

5.60

20y« Jan

Jun

)

28%

;_1

21c

Jun

137A

28%

(Quebec)

5% July

66c

Yale

Yellowknife Bear

29

•

common

60% May

42%

1.61

Yellorex

3.90

—

Jan

4.30 Mar

Feb

13

53%
.

8,000

9.00 Jan
50

Jan

1.09

_

May

13

58%

•

Feb

1.85

2.35

50

13

12%

8c

*

Jun

157Ac

12

.

Jan

Jan
Mar

21c

1

19%

Jan

2.05

,

8c 1

2.20
50c

28 %c

•

Gold

4%c

Jun

1.00

•

July

59
__

1

Alexander

15

Jun

1.60 Mar

12%

1

Mines

2%c May

6c

1.03

com.

Jan

1.26

6,800

Petroleums

Feb

17c

37%

790

10c

*

3.25 July

13%

Jan

1.38

>

Ltd

Jun

9c

.—50c

A

July
July

6%c Apr
27c

20'A May
8'A May

Jun

3,370

52%

1

7c

CO cr

1,000

9c

_

Ltd

Oils

A

Ltd

3'Ac

2.05

.

Water

onver-Miller

Stadacona

8c

1.75

1

Apr

Jan

Feb

Feb

Jan

Mar

2.60

6%

Feb

1

20c

37%

2.60

Jun

7%

50

21c

Jun

*

.

Gold

Mines

onooner

pref

Winnipeg & Central Gas
Winnipeg Electric preferred

Feb

1

Voting trust ctfs

Standard

1st

Petroleums

Windward

6c

5%

100

Preferred

Feb

10c

100

•

Feb

97Ac July

Jan

6

14%

•

19c

1,000

1.67

1

15%

6,000

15

Gordon

Southam

Ltd

(Geo) common

May

7c

Jun

1.47 Mar

[Ct

Mar

12c

1.01

11% Apr

500

*

Winchester

11c

Jun

10,131

*

41% , July

6'Ac

13%

1.12

Jan

2,382

20

Tungsten

Weston

Apr

Jan,

560

8%

*

Leaseholds

Western

Jun

7.70

28,700

1
Breweries

30'A
98c

85c

17%

lc

Products

Western
'

Feb

July

6

1

Oils

Western Grocers pfd
Class A

1.00 Julv

Jan

5.25

12%

July

'

6'Ac'

Malartic

West

Jun

Jan

23'A

17

*

Ashley

4'Ac

72c

56%

135

8%

1

18c

9c

21c

660

8%

•
common

Pyrites

West

Jan

19%

4'Ac

9,550

Jan

4.45 July

14% May
61'A Jun

17%

•

W

2,600

1.00 Mar

3.85

19%

,1

._

_

Gold

Breweries

Souris

&

Equipment

Mar

1

—

preferred

Somerville

56c

G

37c

•

_

class

Silverwood

Jan

Feb

800

23c

__

1

Amulet

Waterous

500

1

Shawkey (19541
Mines
Sheep Creek Gold

Silknit

iWaite

19,700

•

_

common

_

Freehold

Silanco

15 %c

43%

_

_

Petroleums

Preferred

Sigma

Jan

8

6.80

22c

Feb
Jan

1.05

1.05

*

1
;

53c

*

Blmwinitran

oicks'

10c

2.60

Rainbow

Sherritt

5.75 July
5.50 Mar

July

13% Mar

28%

Jun

3.30

80c

1

Mines

65c

II,178

60%

15c

12%

*

Oils

3.00

^

River

B

Vulcan

44c

20%

540

•

60c

-1

_

(Canada)

Ltd

Violamac

July

1.20

Feb

7,100
64,240

21c

85c

Wright-Hargreaves

Antonio

Class

Jun

3.90

Mar

2.50

4.45

Jan

May

12%

1

Steel

Mines

2.80

\_w

Lawrence

Security

Vicour

Walker

•

Mining

Ltd

Ventures

64c

1

Industries

Scurry

Feb

2.80

14%

Oils

Scarfe

13

3.60

_

Oils

Sapphire

Apr

*

A

Bank

Sand

7%

3.00

Alloys

Viceroy Mfg class A

1.00

40

_

Silver

San

5%c Jan

3.70

15c

Consolidated

Rupununl Gold

.

Jun

4.20 May
3.60 July

1

_

pfd

Rights
Royalite Oil

St

Upper Canada Mines
Vanadium

42

14%

Jan

4c

2.50 Mar

Rocne Long Lac_

"usseli

July

84c

July

4,429

10%

Robinson,

Ryanor

35 %

42% July

*

A

5%

Rundle

40c

1.45

1

_

Uranium

Roval

Jan

1

Mfg

Roxana

Jan
Mar

130,675

_1

.

Rix-Athabasco

Roy

•

144,235

1

_

.

Robertson

Rowan

Steel

5.75

19c 20 %c

22%c

United

3.90

12c

6.75

1

Mines

35c

Jan

28

__

•

Montauban

Jun

60

25

Jan

3.50 Mar

19c

6.25

50

Hill

Feb

July

12%

10c

17c

May

14'Ac Jan

33

4.05

__

High

2.55 Jan

14%

__

4.10

•

4.90

10c

Keno

33c

41%

Oils

3.45

1

class

1

United

11%

1

Gold

Silk

18c

•

Mining

July

12

*

Mines

Uranium

Prado

3,185

Gas-

Union

1.80

5.00

1

+

-

Rexspar

51,522

4i3/a

Union

Jun

Feb

3.55

1

Petroleum

Regcourt

24c

40

1.20 July
62c

United

26

160

65c
tteef

19c

Apr

35

150

•

Uranium

24c

Apr

l

^'"■mont

Radlore

1

113

»

Quebec Nickel Corp
Queenston Gold

Mining
Milk class

Tungsten Corp

18,878

1.36

1.01

I,408

1

Quebec

3.10

July

1

Corp

1,100

2.90

Apr

1,700

Jun

8c

3.00

30

4,766

7c

8c

—•

Oil

Mar

65c

42c

Triad

*

35%

Jun

34c

1

42%

31c

8.40 Mar

Asbestos

17c

30

4,700

Low

8c

United Corp class B
United Fuei A preferred
Preferred

•

Labrador

Quinte

2,000

Jan

35c

•

Petroleum

United

1

Airways

Copper

34%

18c

19%

Trend

Jan

1

Mines

Quebec

17c

34,300

5,510

Apr

Jan

80c

27%

•

45c

Range Since Jan. 1

High

Transcontinental Resources

Jun

1

,

Dome

Uranium

1.80

5,850

Shares

25%

27'A

1.22

Jan

for Week

of Prices

Low

•

2.00

60c

*

Metals

.Preston

1.70

Pipe Line

24

339

94c

Oil

28c

39%

1

Border

Pressed

Feb

Mountain

May

1.41

60c

1

Power

Trans

Sales

Range

Par

Jan

1.00

10c

42%

Powell

12c

United

•

Oils

Premier

100% July

48c

1

_

Petroleum

Prairie

Jun

1.05

♦

Development

Powell

Feb

3.65

30

1

Ponder

Poplar

26c

10,440

100 % 103 ¥2

__

1

Uranium

Placer

Pontiac

4.90

14,260

July

Week's

Last
Sale Price

High

Jun

•

Gold

Gold

Pitch-Ore

4.35

Low

1

Gas

Crow

4.75

100

9

Friday

7%c

41c

JULY

STOCKS

51c

1

ENDED

Range Since Jan.1

7%c

Penman's Ltd preferred

petrol

Shares

1

Consol

River

of Prices

__50c

Petroleum

WEEK

for Week

Low

Malartic

Patniinder

FOR

Sales

^

e

Selling

f Flat

delivery sale

(not Included

year's range).
ex-interest.

price.

rCash sale

wd
*

y
(not

Included In year's range).

privileges

wl When

s

delivered.

Issued,

Ex-dlvtdend.
Ex-rights.
Kx-stock

dividend.

Jun

^

42

The Commercial and Financial Chronicle

(194)

.

.

Monday, July 12, 1954

.

OVER-THE-COUNTER SECURITIES
Quotations

for

Friday, July

9

Investing Companies

11.87

B-l

(Investment

11.34*

1
"A" Inc—1
Axe-Houghton Fund "B" Inc—5
Axe-Houghton Stock Fund Inc_l
Beneficial Corp
1
Blair Holdings Corp
1
Blue Ridge Mutual Fund Inc—1
Bond Inv Tr of America
•
Boston Fund Inc—————-1
Inc—

Fund

Mutual

B-2

(Medium

Axe-Houghton Fund

Investment

1

14.24

15.56

Johnston
Fund

Trust

iThe)

Securities com—100
1°0
Colonial
Fund Inc
1
Commonwealth Investment
1
Composite Bond & Stock
-

(Income

Loomis

11.30

Mass

JJ-OO

jj-»6

7.70

8.44

12.13
2.14
12.06

13.81
2.35
13.11

E

Dividend

Fund

2.50

—

25c

Shares^

of

Units

Dreyfus Fund Inc—————-1
& Howard—
Balanced Fund
(split

3.44

3.79

lc

3.97

4.37

6.13

6.75

4.94

5.44

lc
Fund

4.70

5.13

10c

Inc

Investors

805

2s June

100

100.4

1, 1957

100.17

17 -1935-54

100

1,

1955.

100.28

101

May

1,

1956

101.22

101.30

1,

1957-55

1,

^700:3

99.20

99.28

1958

102.14

102.22

2%s May 1, 1959
Panama Canal 3s

100.14

100.20

112%

113

-1961

U. S. Certificates of Indebtedness & Notes
Figure* after decimal point represent

Certificates

Bid

of

one

Ask

32nda of

more

or

a

point

Maturity-

Indebtedness—

Bid

Ask

Treasury Notes—(Cont.)

2%s Aug. 15,
2%s Sep. 15,
l%s Feb. 15,

1954

100.16

100.18

l%s Oct.

1955

100.20

100.22

2%s

1%8 May 17,

1955

100.12

100.14

l%s April

1954

100.12

100.14

l%s

April

1,
1,

1956—.

101.2

1956.

March

15,

1,

1%S Oct.

Treasury Notes—
1%S Dec.
l%s

,

101.10

101

1957-

101.8

103.29

103.31

100.14

100.22

100.8

1957.

l%s Dec.

1954

15,

100.20

100.22

1%S Oct

100.18

100.20

101.12

1957—

1,

l%s Feb.

101.10

1955

1955

15,

1,

l%s April

15,

March

100.16

l%s April

99.24

1,

1958.

15,

1959_

1,

100

99.24

1958.

100

100.18
99.4

1959.

100.20
99.12

Trust—

23.56

25.47

21.15

22.86

Federal Intermediate Credit Bank Debentures
Dated

Fund—

Da*

Bid

Ask

Bate

Dated

Dae

Bld

Ask

*

32.14

34.75

2.35%

11-

2-53

8-

2-54

bl.00

0.65%

1.30%

6-

1-54

12-

1-54

1

bl.10

8.49

9.33

0.90%

2.25%

12-

1-53

9-

1-54

bl.00

0.75%

1.50%

4-

1-54

1-

3-55

bl.15

0.95 %

2.15%

1-

4-54

10-

1-54

bl.05

0.80%

1.45%

5-

1

3-54

2-

13.05

1-55

bl.15

13.06

1.00%

1.90%

2-

1-54

11-

1-54

bl.10

0.85%

1.40%

6-

1-54

3-

1-55

bl.20

1.35%

1.05%

5-

3-54

11-

1-54

bl.10

0.85%

1.30%

7-

11.37

1-54

4-

1

12.36

1-55

bl.20

1.05%

1.60%

3-

1-54

12-

1-54

bl.10

0.90 %

1

17.01

18.20

1

14.55

15.73

1

9.94

10.86

-1

6.85

7.49

1

7.93

8.67

1

5.13

5.61

Inc

Fund

Corp—

value

Trust

100.5

Stock

beneficial interest

Shares

Ask

100.14

8.82

interest—1

Growth

Life

Invest

Mutual
of

lc

shares

1

asset

Net

5.65

Inc

Mutual

4.33

3.26

lc

beneficial

of

3.93?
2.96

lc

Investors

Mutual

Diversified Trustee Shares—
Series

Ctfs

fy

5.13

Metals

Massachusetts

11.90
45.74
20.21

shares_lc

shares

10.33

18.36

lc

—

shares

11.78
45.28

100.2

7.72.

-,|

Industries

Bond

l%s June 1, 1955

Maturity—
*

Equipment shares_lc

1

1
Fund—1

40.06

25c

shares

Paper

1954.

1%S Oct.
2%s May

100.18

11.52

40.06

100.14

6.57

10.54

Fund

shares

Massachusetts

Stock Fund

6.00

Equipment

General

17.93

Diversified Growth
Diversified Investment

7.07

Mutual Fund—

Automobile

Business

Feb.

1,

2%s

Bank for Cooperatives—
Feb. 1, 1955

10.82

Stks)_l

—.——1

■

Manhattan

1

9.91

Com

Managed Funds^—

Electrical

2%s

100%

Nov.

10.97

Value)

Asset

100 &

2%s

15.21

Com

Fund

Sayles

(Net

Bid

100.026 100.070

:

10.06

10.05

Pfd

Com

Trust

1
1

Fund

9.21

13.94

(Low

Steel

Fund

Stks)_l

(Speculative Com Stk)—1

15.05

Mutual Fund Inc

19.99

S-4

14.94
35

Income Fund Inc

18.32

S-3

13.82
33

De Vegh

point

a

2%s Feb.

12.25

(Speculative

Lexington

1955

11.23

(Income

Priced

17,

Stk)_l
Stocks)—1

Pfd

Knickerbocker

1.30s Jan.

Central

1

Bonds)

(High-Grade

13.84

De Vegh

32nd* of

more

Federal Land Bank Bonds—

1954

20.39

S-2

1

Delaware

27.28

15,

18.69

Bonds)—1

K-2

—1
Consolidated Investment Trust-1
Crown Western Investment, Inc

Inc

or

Ask

Banks—

28.19

22,43

16.50

Inc—

Dividend Income

27.01
25.01

Loan

Sep.

2%s

S-l

Petroleum

Fund

Bonds) _1

Home

1.15s

34.64

Stocks)—1

Priced

Non-Ferrous

—1

Fund Inc—

K-l

25.59
9,000
9,300
135
140
14.96
16.24
7.56
8.22

Christiana

Fund

33.96

,

Bonds).—1

Grade

(Discount

Bid

Federal
1

B-4

28.78

20.75
23.66

Fund Inc

Composite

Boston

Inc

(Low

9.66
27.86
30.45
11.17
14.34

Century Shares Trust———1
Chemical Fund—————-—-1

Canada General Fund Inc

Concord

of

Mutual

B-3

8.93

one

7.86

33A
11.93
23.61

1
_1
1

Bullock Fund Ltd

Preferred

Figures after decimal point represent
7.20

3.63
10 Ya

25.77
27.79
10.33
13.25

Obligations of Government Agencies

Ask

l

22.70

3%
10.98
21.96
26.62

Bowling Green Fund Inc—;_10c
Broad Street Invest Corp
5

Canadian

Bid

Investment Co of America

Keystone Custodian Funds—

Development

Atomic

P»r

1.21
5.85
4.G3
15.22

10.80
10.49
20.88
3.32
9%

25c
Affiliated Fund Inc—
1.25
American Business Shares
1
American Mutual Fund Inc—1

Ask

1.11
5.41
4.33
14.00

—!

Aberdeen Fund

Mutual Funds—

Bid

Par

Mutual Funde—

Shares—

beneficial

interest

.

Eaton

two-for-tone)

17.75

Wide

-20c

Inc_

5.86

6.07

—5

20.88
2.92
42'%

Fund Inc-1
First Boston Corp__
10
Formula Fund of Boston—
Beneficial interest shares—1
Founders Mutual Fund
*
Franklin Custodian Funds Inc—
Common stock series
—lc
Preferred stock series
lc
Fundamental Investors Inc
2
Futures Inc——1
Gas Industries Fund Inc
—1
General Capital Corp
—1
General Investors Trust
—1

Financial Industrial

22.57
3.20
44J%

Series

12.45

11.03
8.48
7.59
25.39
2.71
22.61
74.58
6.76

Series

Growth
Natural

Stock

North

Series

1955

Series

lc
lc

11.79
7.18

12.91
7.87

Pine

lc
Common (The) Stock Fund-lc
Electronics & Electrical

9.95

10.90

Price

9.87

10.81

—

Fund

Petroleum

6.12

lc

6.71,

Putnam

6.35

Scudder,

8.86

9.71

10.66

11.68

shares—lc

9.41

9.80

shares

25

32

13.15

14.33

1954

99.983

99.989

September 9,

1954

99.897

99.908

July

29, 1954
August 5, 1954
August 12, 1954

99.972

99.931

September

99.959

99.967

September

99.947

99.956

September

August

19,

1954—

99.935

99.945

October 7,

August

26,

1954

99.921

99.933

Bank & Trust
Far

the Manhattan

Bank

Bankers

43.34

44.22

Chemical

16.47

17.81

Commercial

of

Trust

22.16

22.88

39%

100

31.64

Bk

Bank

&

(net

asset, value)

1

3%

17.56

Trust—20
16

9.96

Selected

2'%

15.36

16.61

30.21

32.66

Federation

Sovereign

9.39

10.28

Fiduciary Trust
First

1

State Street Investment

Corp—*

66.75

70.25

Stein Roe & Farnham Fund—1

25.87

25.87

9.65

—lc

8.67

9.50

Television-Electronics Fund

1

8.84

1

6.02

Fund—1

7.69

shares—-

lc

3.65

4.01

Texas Fund Inc

8.12

8.90

United

32.62

32.98

United

shares

1

Guardian Mutual Fund Inc

Funds

—

9.63
1

6.58

Inc—

13.37

13.78

United

Continental

*

21.00
13.43

21.00
14.52

United

Income Fund

1

Income Foundation Fund Inc_ 10c

2.20

12.46

13.47

Investors

1

Institutional Shares Ltd—

94c

1.03

Institutional

lc

17.49

19.13

Fund-lc

16.65

5.35

5.86

Growth

Institutional

Inc Fd Inc

lc

Institutional

N

Insurance Fund-——

lc

Line

Income

1.54

66

Street

43/3

91

95

130

135

37

40

100

391

Trust

Fund

5.96
16.16

8.00

1

6.78

7.42

Manufacturers

1

4.87

5.32

67%

69%

88%

9.31

10.15

16.14

16.47

Industrial Bank of Commerce-10

Irving Trust
Kings County Trust Co

10
40

34

24%
155

Union

1

Fund

Wisconsin

Investment

Co

24.49

New

21.48

23.26

Public

1

Inc

22.46

1

Wellington Fund

12.92

4.69

5.07

Natidhal

37

York

25%

28

69 y8

71%

20

30

100

Bank

261

20

Trust

Nat'l

25

Bank

Rye National

&

Trust_17%

Bank

2

Trade

Insurance Companies
Par

Aetna

Casualty

Aetna

Insurance

Aetna

Surety

Life

&

Bid

10
10

147%

Maryland

29'/4

31

29%

31

Massachusetts Bonding

5

(Newark N J)— 2%

30%

31!/2

Merchants

5

53%

5

27%

—25

29%

66 %

,

.10

Shippers

—10

68%

102
64

107

National

Camden

Fire

Ins

Co

5

Assn

(N

J)

General Life

Connecticut

Forster

&

Employees

Employers

Inc.

Group
,

5

35

53%
30

Merchants

&

Assurance-

Manufacturers

National Fire

&

65 %

67%
62%

Pacific

*

60%

-10

58%

Deposit
of

of

Md

of

32%

x77

10

81

53%

—2.5Q

64%

Newark

5

Reinsurance Corp„—10
Glens Falls
5
&

Republic
Rutgers Fire

American

Life

_

_

^

35%

_

_

48%

50%.

45%

47%

26%

29

34%

53%
119
42 3/8

5%

8%

12.5q

—

_

Casualty Co..
-

65

10

-

_

_

10

in

10

Providence-Washington

9%

87

5
..

66%
•

36%

Reinsurance

Corp
(Texas)

Republic

(N

Y)

64%
25%
120

30%

6T

2
10

44%

Seaboard

70%

Security

(New

_

32%

9%

103%

53

56

6.25

_

Surety Co

68%

43

45

44

47

43%

Calif

Oregon Power 3%s—1984

Cleve

Power

Fire_

Hartford Fire Insurance Co

Mellon

32%

St.

54%




38

Bank_12.50

52%

54%

Nat'l

Bank

&

Trust—25

85%

88%

45

47

National

20

38%

40%

20

50%

53%

17

122

52%

44%

Trust_20

29 %

25

49%

52%

6%
128

18%
304

Bank

National

Bank

Bank

Manufacturers

Bank

Mercantile

St

Trust

Bank

Louis

United

&

Co

Trust

25

61

65

20

61%

65%

Bank & Trust—20

Bank

55%

Trust—

&

Union

Tower Grove

Trust

&

100

65

160

100y4

Francisco
of

Amer

N

& S A—6.25

T

102%

97%

97%

Lighting Power 3s_1989

Houston

99%

Utah Power

IOO1/4

Iowa

Public

Service

&

3s

1984

3%s

98

Penn

100%

Light 3%s_—1984

102

102%

101%

IO21/4

_

1984

3%s
3s

Power

Electric

—1984

3y8s_.—1984

993/4

100

102

103

/

.

Stocks—

98%

Power

& Lgt

4%

5.65%

pfd—•
pfd_100

99 %
107%

100%
108%

Lighting—
preferred

100

99%

100%

100
preferred.100

100
100%

101%
101%

105
98

106%
99

-1974

100%

101

El

1979

101%

102%

Long Island

1984

101%

101%

1989

100%

100 %

103

103%

3%s—_1984

100%

101

Panhandle Eastern Pipe Line—
3%s
1974

98%

98%

1984

100%

101 %

3%s_1984

103%

104

27/8S—1984

97%

Montana

Power

3%s

New

Jersey Bell Tel 3s

N Y State

Pacific

Penn

Elec

Gas

Gas

Elec

&

Electric

&

3%s_1984

3%s

Paso

4.35%

Nat

Gas

Mississippi Pow & Lgt—
4.36%

preferred

Ohio Power

Public

San

Serv

El

Diego Gas

Fire

3

48

50

k admitted

2

28%

30

&

Gas

& El

563%

FOOTNOTES

FOR

57

1,330

Ask

100

.....

Gas

U

1,290

38%

—1974

Electric

Wisconsin

Dallas

Laclede

b Bid

54%
55

36%

Bid

Bonds—(Cent.)
Southern Nat Gas 3%s

West

101%

1984

73

.

99%

3y8s_1979

71

—

Ask

101%

1984

Gas

Fidelity & Guaranty Co__10

100

_

3s

101

Bank

Security Issues

27/8s_1

U S

10

_10
_

3%s

28 %

Natural

28%

.

263/4

Edison

27%

S

36%

National

First

Detroit

Travelers

Westchester Fire

25

1

Louis

Consol

Springfield Fire & Marine

44%

52

Boatmen's

Virginia

Standard

' 177

50

City

269

100%

19%

42%

10

225

100%

401%

17*1

38

Nat'l

100 %

47

10

36%

Commerce

Peoples 1st Nat'l Bank & Tr__20

100%

18

10

10

of

210

Pittsburgh

1989

39

Accident

Lt

&

Elec Ilium

45

(Jacksonville Fla)_2%

56

Security-First

Commonwealth Edison 3s—1984

5

—

54%

Tenn

Gas

4.08%

Transmission—

45%

—10

Haven)

-

294

Bid

5

—

163/4

Recent
Bonds—

5
___

33

16

Angeles

San

.10

3%s

67i%
27
124

.—10

Marine

Fire

42%

122

36%

3. 33%

55 %

St Paul
General

&

_

Indemnity Co

Phoenix

46%

2

,

_

Fire

Peerless

31

10

Philadephia
(S F)

River

Pacific

Assoc

Fireman's Fund
Fii emeu's

North

Northeastern

4

Assn

29%

Northern

12%
88

44%

in

_

-

_

Fire

138

11%
86

2 50

York

31%

50

First National Bank

Albany, N. Y.
State Bank of Albany

Central

5

New

353

Reinsurance

1001

293

5

-

Hampshire Fire

134

4
in

_

National Union Fire

343

10

Federal

Hanover

Fire

10

,

10

36%

51

28%

40 %

27%

Co

40%

283

New

38

37%

in

10

Continental Casualty Co—

Gulf

Life

1
Casualty common
$2.10 prior preferred
-10

New Amsterdam Casualty
&

Trust

20 1

Co

99%

Lincoln

Re-insurance

&

295

405
435

49%-

97%

Jersey Insurance Co of N Y.-10

Insurance

Globe

47%

& Casualty_5
preferred
5

Co

Backers

G»-eac

North

of

37%

Automobile

Globe

Co

51%

Assur

American Surety

Fire

5

.

Insurance

35 '%

conv

Fidelity

78%

.

49%

Fidelity

Crum

Ask

74%

„

_

34%

American

Boston

Bid

in

Amer„5

Steamboiler

Home

33'%

Equitable

A-erican

Par

Hartford

4

American

Amer Ins

71

5

Automobile

American

143 %

10

Agricultural Insurance Co

$1.25

154

68'%

Bank

25

United States Trust

Ask

148

10

Co.—

National

Bank

Trust

Bank

Mutual

Sterling

288
400

420

26%

20

Co

& Co Inc

City

100

City Bank

American

12.05

100

Co

Detroit

165

10

Trust

of Freeport

1

97

91%

Meadow Brook National Bank

Inc

67

94

Savings Bk__100

National

52%

20

Mutual

Investors

Bank

&

Trust

Cleveland

Jersey

20

Bank

7.32

(J P)

64

Cleveland

Los

Morgan

25
33%

Trust

National Bank of Detroit

49%

10

Co

(The)

5.45

1

Trust

&

403

Bank

14.87

Investing Corp

Washington

Ask

673/4

10

1

Inc

Bid

24

Franklin Square N Y

Guaranty

Bank

National

Harris

Northern

22%

1

Fund

Whitehall

1.40

First

50%
48

10

Shares_l

Fund

Fund

Van Strum & Towne Fund Inc_l

18.21

Institutional

National

Trust

&

Long Island Trust

Wall

Fund

Science

Value Line Fund Inc
Value

Fund—lc

Bank

United

99.853

Illinois

National

8.35

2.40

,

10

Bank

of the City of N Y
Bank—

Hanover

Accumulated

1

Inc

Fund Inc

Continental

Franklin National

Utility shares—lc
Industry Shares Inc—_1

Growth

City Nat'l Bank and Trust

Central

Empire Trust

Shareholders Trust of Boston—1

8.51

__—^

Far

National

7.60

Shares-

493/4

.

17.56

6.93

Investors

99.869

99-845

1964

99.896

99.882

99.860

Trust

(ex-distribution

Exchange Bank
County Trust Co

9.00

Amer

99.885

99.872

1954
1954

Companies

543/4

48 3/4

45%

(White Plains N Y)

Clark—

412

48

—10

Tr__25

&

Corn

Stamped

53

15

Trust

&

400

10

State

Continental

31.64

5.01

Foundation

373/4

._

Bank

1

Fund—

Stock Fund

10

Co

Chase National Bank

Stevens & Clark
(net asset value)—*

Common

1954

23,

Ask

New York

17.43

—_1

&

16,
30.

Chicago

Bank of

22.02

Growth Stock
Inc

Bid

York

New

17.09

3.20

Institutional

99.921

22,

20.26

8.81

Incorporated

99.909

July

-1

2.90

Fund

1954

27%

4.56

Hudson

2,

7%

25%

—lc

Haydock

September

7.76

shares

stock

Tobacco

99.997

2.50

Inc__,

Stevens

Ask

99.995

—

7

shares—.—_lc

Steel

i

_*

Inc

Scudder,

Bid

1954

lc

.

shares

Bond

Railroad

.

5

.

Inc

Inc

(Geo)

Fund

Dollar Yalna

Ask

15,

7.02

Equipment shares——lc

Railroad
RR

Bid

July

shares—lc
lc

Merchandising
Petroleum

Ti-dftig,

Fund

Treasury Bills

Dollar Value

1

9.20

Mining

21.03

5

Fund

Fund

5.79

Bond

3.28

19.45

United States

Shares—

Trust

(T Rowe)

8.39

Institutional

3.00

1

Fund

——lc

Shares

shares

Canada

——

—————

Fund

Puritan

Fully

of

2.98

&

Street

Pioneer

administered shares--lc
General bond shares
lc
Industrial Machinery shares-lc

Equipment
Food

5.08

preferred

Philadelphia

shares

14.23

4.63

Pacific Amer Investors com—10c

8.26

shares

13.02

1956

15.12

Growth

1

Inc—lc

Fund

Fund

American

7.53

Capital

6.51

-lc

13.81

Building

3.99

Series

Resources

England

lc

Chemical

3.65
5.96

Fund Inc

New

.—lc

.-shares-..

1

————.1

——

—

Resources

$1.50

shares

Aviation

Series

Speculative Series

Natural

7.74
6.93
23.17
2.49
20.91
69.96
6.22

——

Series

Income

Stock

11.36
10.15

Corp

Stock

Preferred

Group Securities—

■^AutahvpJJile

Investors

National Security Series—
Balanced Series
Bond

Fidelity Fund Inc

Securities—

Fund

Balanced
National

—

Fund

15.98

two-

for-onei

Equity

18.98

14.98

_—

(split

Fund

Stock

Nation

•No

par

value,
to listing
Exchange.

5.85%

5.12%

preferred
preferred

OVER-THE-COUNTER
t New

yield price.

Stock

97%

x

on

the New York

stock,

Ex-dividend,

wi When

y

issued,

Ex-rig.hts.

100
100

ISSUES

.

■

S

I

i4

Volume

Number 5341

180

.

.

The Commercial and Financial Chronicle

.

(195)

THE COURSE OF BANK CLEARINGS
Bank

Clearings this week will show

liminary figures compiled by
of the country,

cities
be

of the

0.1%

decrease compared with a year ago.

a

it

is

last year.
same

week in

8.7

1,249,819

1,303, 827

—16.3

1,953,194

+ 12.9

1,511, 616
1,227, 911

4,691,665

+ 54.9

1,186,000,000

3,027,968
1,133,000,000

782,471
1,344,051
4,457,725

3,952,490

3,595,050

Scranton

5,918,333

6,907,653

Wilkes-Barre

At this

1953.

1,407,713
1,986,683

3,723,985

3,964,125

10,386,346

8,413,094

14,534,141

14,270,464

+

14,450,665

12,681,851

1,249,055,700

1,191,207,795

York

Our comparative sum¬

Delaware—Wilmington
New

Jersey—Trenton
Total

Ending July 10—

1954

York

New

;

Philadelphia-.

$7,865,709,503

751,289,783

781,009,640
934,000,000

____________

_______________

468,761,613
_

_

Louis_.

Francisco

290,000,000

426,308,000

Baltimore

_________

Ten

cities, five aays

All

all

cities,

cities,

291,537,824

—

Ohio—Canton

9,821,180

9,765,194

Cincinnati

236,989,035

245,265,543

5.5

Cleveland

469,472,665

520,012,039

Columbus

46,284,200

43,144.000

6.6

—

*8,500,000

8,815,846

10,909,493

11,055,543

408,181,106

419,529,230

1,190,157,679

1,257,587,395

Pennsylvania—Pittsburgh

days

744,321,781

(7

—

0.6

all

cities

for

week

—

issue of next week.

our

ends

We cannot furnish them

Saturday, and the Saturday figures

today, inasmuch

Accordingly, in the above the last day of the week in all

cases

we

able to give final and

are

we

for the whole country
same

week

in

was

increase of

an

Outside

clearings at this center showing

this

of

increase of 9.6%.

an

a

was

the

9.9%

New York

and in the

Reserve

loss of 0.9%.

a

smaller

are

appear

trict records

but the St. Louis Reserve District

Reserve District there is

registers

increase of

an

a

furnish

we

a

SUMMARY

1st

2nd New

:„3rd

12 cities

York

•

Philadelphia..

Richmond

7th

St

9th

■■■-

Kansas City__*_

12th San

25,513,719
109,058,160

22,362,688
91,121,970

323,700,000

333,800,000

5,907,104

Nashville

5,588,693

Augusta

A—

+

this

633,867,180
848,227,781
1,301,182,915

598,331,221

610,849,540

ended

253,600,000

+

5.7

4,994,248

+

5,741,431

3,479,579

3,871,370

97,506,363

174,746,031

105,333,733

+

34.1

111,536,027

108,358,281
7,025,79V

Mobile

8,359,440

9,497,895

Total

+ 13.6

5,868,666

+13.9

477,647

482,646

0.6

127,290,618

134,992,ICO

848,227,781

+14.3

737,304,689

710,802,128

2,251,278
12,555,443
6,865,676

—21.0

523,899

459,924

163,533,412

162,539,078

+

969,352,050

(10 cities)

Seventh Federal Reserve
Michigan—Ann

District—Chicago-

Arbor

1,777,678

Rapids
Lansing
Indiana—Fort

16,494,893
7,853,233

Wayne

10,054,229

South

Bend
Haute

.__

76,719,000
10,782,408

I,710,949

I,611,183

31.4

11,998,058

11,690,006

+ 14.4

7,412,548

4.4

7.2

12,309,665
76,140,000

—10.5

10,764,617

+

—

+

5,301,679

8,557,80?.
77,083,000
8,452.058

Iowa—Cedar Rapids
Des Moines

4,379,811
102,113,464

+

5.5

4,072,048

4,631,036

109,541,719

+

7.3

87,046,942

76,999,587

5,319,186

3,950,128

+

34.7

4,846,689

4,292,422

39,133,402

34,997,225

+ 11.8

31,178,956

33,431,597

14,212,323

Wisconsin—Milwaukee

Sioux

10,513,540

82,228,000
9,651,025
4,618,630

Indianapolis

12,459,242

+

14.1

9,877,974

15,318,478

+

49.6

+

770,600,878

—_

;

;

City

-

Illinois—Bloomington
Chicago _J

1,789,163

-

8,727,814

6,058,273

Peoria

987,957.473

4,683,787

+ 29.3

4,639,925

3,906,669

1,342,080,387

-

1,195,784

1,002,320,457
5,613,982
15,181,671
10,232,523

.Decatur

(17 Cities)

1,301,182,915

3.1

1,093,256,604

1,045,949,430

6,087,956

1.5

1,429,776
805,445,402

—

7.8

4,240,679

3,447,324

+

1.6

II,309,879

II,707,^54

*-+17.2

8,832,497

7,151,154

14,942,886

9.9

11,337,941,344

Eighth Federal Reserve District—St. Louis—

*

+

1,766,706

1,023,355,658

—:—

269,100,000

83,225,453

2.2

75,878,001

+

23.3

2,214,034

877,816,928

1,928,403

2.0

430,417,488

472,006,70®

154-^9'^

'1

—

—

—

2,647,295

2,146,989

——

Illinois—Quincy

994,144,923

942,648,656

1.0
7.0

+

—

—

Kentucky—Louisville
Tennessee—Memphis

8,637,617,921

5.4

i.

342,400,000

338,900,000

Louis

Missouri—St.

574,059/069

630,017,355

598,331,221

610,849,540

;

255,300,0001

139,691,221
75,087,101

480,199,771

1.3

506,667,886

+ 14.3

737,304,689

1,093,256,604

Total

710,802,128

3.1

cities)

(4

—

1,045,949,430

—

+
—

Ninth Federal Reserve

430,417,488

472,006,785

566,990,159

+

0.7

493,487,869

+ 28.1

382,047,672

337,910,759

St.

"21,384,378,152

19,979,652,541

9,352,302,397

6.0

860,318,409

+

7.0

18,823,020,787
7,771,009,580

114,688,471

3,845,790

detailed

statement

July 3 for four

Helena

2,944,236

Week Ended

$

(7 cities)-----

3,219,983
10,730,074

9,251,622

«oo

13,006,717

463,731,390

385,557,157

Inc.

1951

$

I

1,901,264

+ 22.1

1,819,528

1,914,062

6,422,952

5,538,037

+

16.0

4,565,212

4,330,992

619,122,887

619,704,007

0.1

526,736,454

471,318,982

3,296,775

2,823,187

+ 16.8

2,338,467

1,340,848

1,219,495

+ 10.0

1,163,099

860,242

New

3,589,981

2,995,580

+ 19.8

2,304,429

660,851

914,338
618,291

7,147,017
141,365,577

34,631

7,888,911

01,901

126,769,393

.

I,

8,000,321

9,296,667

—_
-

'•

15,060,925

367,042,726
J,956,159
3,374,577

316,609,5^15

288,375,166

2,839,510

2,569,444

2,331,034

1,796.493

2,865,583

571,027,557

City
!

'56,305

20,372,134

3,155,792

Joseph

8,730,687
25,680,554

11,338,152
3,777,367

-

566,990,159

+

0.7

493,487,869

461,901,787

7,087,044
321,912,532
18,188,717

—

0.8

7,617,015

9,197,721

+

24.1

325,385,771

282,032,227

+

79.2

28,142,767

5,760,000

+

4.0

5,468,000

5,303,595

+

26.1

5,931,225

25,928,382
6,170,000
4,696,698

+

368,940,545

2,346,244

10,724,556

8,839,415

1,925,873

Lowell

791,942

744, (05

25,103,697

—-

L

Wichita

Missouri—Kansas

2,321,865

611,123

9,241,098
138,418,831

Kansas—Topeka

$

City778,176

Omaha

1952

or

Dec. %

358,120,808

*

977,232

Lincoln

St.
—'

3,127,024

3,639,216

492,108,077

——

Nebraska—Fremont

July 3

First Federal Reserve District—Boston-

Maine—Bangor

7,816.234,

3,277,035

11,270,931

——

Hastings

1953

o'o^i

5'01n'no?

.

-

Total

years:

1954

88,067,365?

7,349,167,921

+

showing the figures for each city for the

/

6,849,766
238,310,358

6,944,702

Dakota—Aberdeen

Montana—Billings

15,697,703,986

4.1

112,907,799

89,221,691

North Dakota—Fargo

747,173,677

+

343,789,298

Paul

South

971,080,884

7,413,573
262,054,223

oiI'oTq
o'^i

OC1

358,120,808

385,557,157

District—Minneapolis-

.

Minneapolis

461,901,787

367,889,449

1,028,886,910

DUlUth

Minnesota

2.0

471,422,253

$

,

Portland

_

Massachusetts—Boston
Fall

—

Bedford

" 12,010,110

12,462,228

V:l.

9,935,998

10,971,484

48,350,625

41,807,469

Connecticut—Hartford

Rhode

Pueblo

'
cities)

(10

Haven

—~

19,519,917

18,817,887
39,846,600

2,463,256

753,752,090

_

25,386,000

2,454,132

—

Island—Providence

NeW Hampshire—Manchester

760,550,494

—

—

3.6
9.4

+ 15.7

9,287,162

9,041,200

8,391,084

31,098,255

Fort

3.7

13,930,170

14,992,887

25,415,100

26,916,400

+

—

0.4

1,865,635
630,017,355

-

32,779,137
5,990,700
6,687,411

Falls
—

12,199,645

9,637,561

—

Louisiana—Shreveport

471,422,253

367,889,449

26.6

9,502,894

9,885,731

+ 28.1

382,047,672

337,910,759

132,400,748

"

Total

2,113,872

0.9

14,117,975
399,647,385

Worth

Galveston
Wichita

—26.3

-

Dallas

7,200,060

32,201,015

<

:

Eleventh Federal Reserve District—DallasTexas—Austin

Worcester

New

—

Colorado—Colorado Springs

Total

River

Springfield
,

76,785,678

288,600,000

108,430,433

1951

$

0.9

463,731,390

(Hearings at—

■

22,438,3^

70,403,030

3.0

24.9

Total

6.1

■

r

16,164,441

19.7

+

+ 32.5

Terre

J

week

+ 14.1

—

4,352,661

Louisiana—New Orleans

1.3%, but in the

+

9,739,231,968

our

4,218,746

114,309,594

gain of

a

571,027,557

City

add

+ 32.3

5,436,251

;

Tenth Federal Reserve District—Kansas
now

13,882,000

Alabama—Birmingham

44

___111 cities

We

127,839,939

151,435,529

note that

we

4.9

+
—

+• 44

10

York

3,044,793

12,827,000
133,395,132
5,312,078

4.6

Florida—Jacksonville

44

6

Total
New

1,257,587,395

1,342,080,387

*

It

10

Francisco

Outside

1,191,207,795

492,108,077

.44

7

11th Dallas___

3,526,509

3.4

—

480,199,771

40

Minneapolis

10th

11,006,487,559

9G9,352,050

4

w-

12,092,651,327

625,552,901

17

Louis

+ 35.9
—

44

10

Chicago

8th

877,816,928

506,667,886

week ended

1952

Inc. or
Dec. %

40

6

•6th Atlanta

942,648,656

1.3

Rockford

1953

760,550,494

1,190,157,679

<«<

5.4

—

—

by Federal Reserve Districts:

1,249,055,700
.

7

307,258,128

633,867,180

Georgia—Atlanta

In the Kansas City

decline of 2.0%.

44

_11

4th Cleveland
5th

753,752,090
A

11

5,640,064
7,858,024-

311,052,815

625,552,901

cities)

(6

Tennessee—Knoxville

The Chicago Reserve Dis¬

$

3—

Boston

6,278,966

OF BANK CLEARINGS

1954

Week Ended July

6,461,018

2.7

—

48,525,300

1.3

—

91,884,581

0.7%, in the Dallas Reserve District of 28.1%

summary

25,533,600

7.3

3.6

+
—

239,329,712

Springfield

following

7,559,320
178,780,891
345,186,901

83,682,067

and in the San Francisco Reserve District of 6.0%.

In the

187,314,056
376,109,705

267,925,100

In the Cleveland Reserve District the totals

larger by 14.3%.

6,906,796

9.7

—

3.7

improvement of 3.1% and the Minneapolis Reserve District of 6.1%,

an

0.6
3.4

+
—

9.3

>

the week

as

the totals show

by 5.4%, and in the Richmond Reserve District by
are

934,144,923

+

'

Atlanta Reserve District the totals

1,023,355,658

—

Philadelphia Reserve District of 4.9%, but in the Boston Reserve

District the totals show

4.9

+

7,985, 785

4,610,856

We group the cities according

(including this city)

11,846, 364,

107,618,292

Grand

District

11,033,869
11,914,872

gain of 4.1%, the bank

to the Federal Reserve Districts in which they are located and from

in

5,418 931

1.9

+ 14.0

320,984,188

7.0%, the aggregate of clearings

city there

5,837,973

6,098,283

having amounted to $21,384,378,152 against $19,979,652,541 in

1953.

6,574, 6783,163, 913

+ 23.5

3,114, 823

Sixth Federal Reserve District—Atlanta-

present further below,
—

2,502,644

117,596,417

has to be estimated.

complete results of the previous week

For that week there

6,320,431

6.1

—

308,981,690

Columbia—Washington—

Mississippi—Vicksburg

July 3.

the

statement, however, which

19,003,000

178,438,630

Carolina—Charleston

Macon

In the elaborate detailed

—14.3

0.1

not available at time of going to press.

are

948,000, 000

Maryland—Baltimore

Complete and exact details for the week covered by the foregoing will
in

3,997, 07S

975,000,000
2,851,803

District of

+13.1

$16,090,149,709 $16,096,899,783 4

3,212.214

4,365,201
18,363,000

170,148,310

Richmond

Total
Total

cities)

Virginia—Huntington
Virginia—Norfolk

1.8
9.6

658,399,079

9.9

Fifth Federal Reserve District—Richmond-

+

$15,345,827,928 $15,438,500,704

4.7

+

8.8

—

3,291,995,395

+

2.6
6.6

—14.3

$12,368,540,804 $12,146,505,309

day_

one

•

Youngstown

4.8

Total
—

+

Fourth Federal Reserve District—Cleveland—

5.9

2.2

—

392,295,513

2,977,287,124

five

-

3.8

South

Total

cities)-.

(11

west

L____!

cities, five days

Other

___

Mansfield
—

437,549,840

249,758,561

;

*.

—

328,171,138

357,707,103

:

Cleveland

—

324,554,175

305,559,127

..

Pittsburgh

+
—

501,677,676

309,036,588
283,700,000

Kansas City

San

%

883,000,000

_____

Boston

St.

1953

$8,333,420,029

.__

Chicago__

$

1,530,194

CLEARINGS—RETURNS BY TELEGRAPH
Week

1951

1,662,349

Lancaster

for the week follows:

mary

$

2,205,532

Philadelphia
Reading

Our preliminary total

gain for the week ending Friday of 5.9%.

a

1952

Dec. %

Chester

possible to obtain weekly clearings will

$16,090,149,709 against $16,096,899,783 for the

center there is

Inc.or

$

District—Philadelphia-

Pennsylvania—Altoona

Saturday, July 10, clearings for all

below those of the
corresponding week

stands at

Third Federal Reserve

Pre¬

1953

$

Bethlehem

week ended

Upited States for which

■-

1954

based upon telegraph advices from the chief cities

us

indicate that for the

WeeVEnded Jufy j

'

1

43

574,059,069

Cities)

(6

"

,

Total (12 cities)

,

—

Second Federal Reserve District—New York—
New

York—Alhany

89,216,537

Binghamton

u-.____

Buffalo

.

Elmira

—

_

3,274,982
3,044,201

11,645,146,184

__

10,627,350,144

35,245,255

(11 cities)

_

__

.

__




—

25,384,831

74.183,320

Northern New Jersey

22,176,791

*26.500,000

,

Jersey—Newark

34,605,622

19,565,449

Connecticut—Stamford

Total

4,815,006

128,798,801

2,478,565

York

Syracuse

«

4,577,956

122,303,648
3,216,276

_

Rochester

New

18,326,928

+ 386.8

159,758,829

—

—

15,711,870

35,394,402

4.9

5,591,731

3,791,769

5.0

86,542,399

85,588,219

Utah—Salt

70,681,997

70,218,137

12,092,651,327

—

1.8

1,806,218

—18.4

1,813,686

9.6

11,052,011,207

+

2,151,165
-

2,071,971

8,348,536,065

Lake

San

Francisco

San

Jose

Santa

23,886,369

/l4,422,390

16,807,145

+

4.4

21,635,193

5.0

49,402,761

+

3.2

65,117,470

52,881,706

11,006,487,559

+

9.9

11,337,941,344

8,637,617,921

72,144,235
19,063,080
13,841,386

14.9

60.217,284

57,135,644

8,459,714

529,960,973
16,790,675
4,128,817
9,062,312

971,080,884

21,384,378,152
9,739,231,968

5,770,253
-

49,875,507

68,028,256

125,623,727
3,749,229
121,446,993

-

4

+

2.7

15,348,825

17,358,050

+

6.5

12,007,824

+

7.8

469,098,200
14,568,550

10,702,149
386,570,153
10,275,698

39.8

4,847,114

5,432,561

6.6

11,602,735

8,879,473

+

6.0

860,318,409

747,173,677

19,979,652,541

+

7.0

18,823,020,787

15,697,703,986

9,352,302,397

+

4.1

7,771,009,580

7,349,167,921

—

+
—

16,824,506

+

146,035,242

136,494,090

8.8

23,695,466

—11.8

3,733,039

2.2

15,305,563

Barbara

Stockton

1.8

21.2

+

1,028,886,910

Pasadena

0.5

+

571,381,930

-

City__

California—Long Beach

+

4,083,073
143,082,939

82,917,538
19,572,226
14,737,087

Oregon—Portland

158,923,394

4,948,528

Yakima

-

Jamestown
New

Twelfth Federal Reserve District—San Francisco—
Washington—Seattle

+

Total

Grand

(10

total

outside New

cities)

(111

Cities)

York City

•Estimated.

,

44

(196)

The Commercial and Financial Chronicle

Sun

Tennessee

Pursuant to the requirement of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank
certifies daily to the Secretary of the Treasury the buying rate for cable transfers on the different
countries of the world. We give below a record for the week
just passed:
EXCHANGE

RATES

CERTIFIED

BY

JULY

FEDERAL

2,

1954

TO

0,

First

2480

BANK

1954,

TO

TREASURY

INCLUSIVE

TARIFF

UNDER

ACT

Gas

Transmission

3%%

mortgage

,

Co.—

mortgage

bonds

due

ENTIRE

-

*

1972

Aug

cum.

Noon Buying Rate for Cable

Friday
July 2

v

Argentina

peso—

Monday
July 5

$

Basic

i.

$

S

ISSUE

§2645

stock—July 15

pfd.

1976—

$

§2645

July 15

,

CALLED

.200000*

'

.0719820*

.0719820*

2.245517

.0200500
.0428082*t

INDEPENDENCE

,0428082*t

.0352609*t

DAY

.0352609*t

Canada,

.326866

1.021953

1.023281

1.023828

.210950

.210950

.210800

.210950

.00435401*

Dominion of,

Ireland,

.00435401*

.00435401*

.00435401*

.00285625

.00285625

.00285625

Mexico,

,

Uruguay,

^

*

2

1982—Aug

03

July 20

Co.

f. bonds,

s.

5%

series

cumul.

A

conv.

and

*

1

Aug

*•*'

.

July 30

B

1

t

stock—Sep

gg
til

'§2475

__Jun 28

preferred

-

1

California—

of

.140080*
.496766*
.0349000

.193330*

.233225

Bristol-Myers

2.806973
2.817500

**

peso

*♦

»*

Volume

§2853

179.

1

:

Per

,233250

.2806247

2.816718

.233225

§In

-

Name of Company

.193330*

2.818125

,

issue.-

'*'.101

Sep

.

Dividends

.0349000

*
-

2.807596

2.807596

this

July 29

July 25

(Continued from page 10)

-

.496766*

.193330*

.233300

in

-

.140080*

.0349000

DAY

2.818281

'Announcement

2.789603

.496760*

INDEPENDENCE

.193330*

convertible subordinate debentures due 1972
Petroleum Corp., 3'A%
debentures due 1966
(Alan) Steel Co., 5% first mortgage s. f. bonds

/

.0799520
.264200

-

:

*

-

.140080*

.0349000

franc

,

.264200

.496766*
_

3 Ve %

2.817500

2.788881

.140080*

Union of South Africa, pound
United Kingdom, pound sterling

1st mtge. bonds due

.210933

,

.0799520

*

.264200

2.790222

2.790222

Portugal, escudo
Sweden, krona

Co., 33/4%

Corp.,

Oil

Wood

.238379*

.210833
2.816770

.0799520

.264200

pound
Norway, krone
Philippine Islands, peso

.238379*

.210960
2.818125

.0799520

."

Netherlands, guilder

Switzerland,

.238379*

.210966

2.818333

peso

*j§2805
'

Warren

/

.238379*

t

rupee

New Zealand,

1

.00285625

franc

pound

__1—Aug

preferred stock

Inc.—
preferred stock

mtge.

Resistoflex
Union

1.021406

(Metropolitan),

1

Can Co.,

second

General

.0428082* +

.0352609*t

.326800

rupee

Germany, Deutsch Mark___
India.

.C428082*t
.0352609*t

.326966

Finland, markka
France

.0200437

.326966

___

dollar

Ceylon,

'

Aug

Manufacturing Co.—
mortgage 5'A% s. f. bonds due 1966—
Haloid Co., 4.50%
convertible preferred stock—
Montreal Tramways Co.—

,

,

Basic
Free

July 30

pfd. stock

Co.—

convertible

Power

'.'§2701

July 30
conv.

First

.0385802*

.0200500

:

Crampton

2.245019

.0385802*

.0200300

$4.25

Edison

Page

Ltd.—

stock

$1.40

Continental

.0719820*

2.244438

.0385802*

and

Consumers

.200000*
.133333*

Brazil, cruziero—

British Malaysia, Malayan dollar

$1.32

.133333*

Date

Co.

Paper

preferred

Commonwealth

.200000*

.0385802*

&

$1.50 cumulative preferred stock
Brooklyn Union Gas Co., 5% cumul.

July 8

.133333*

2.245517

1

Wednesday
July 7

Power

7'A %

Thursday

July 6

,

.0719820*

Australia, pound
Austria, schilling
Belgium, franc

Abitibi

(Value In United States Money)

Tuesday

.133333*

Free

New York

$

.200000*

Preferential

Transfers In

1

1957—July 10

Company and Issue—
Country and Monetary Unit

1

'

$4.50

Pag»

Date

,

2nd mtge. bonds due

Biscuit Co. of America,
Washington Gas Light Co.—

ref.

Monday, July 12, 1954

debentures-'——'-—-Aug

pipeline bonds due
4%

United

1930

OF

15-year 3'A%

Broadway Corp.,

3 'A %

RESERVE
JULY

Ray Drug Co.,

.

.

1

Company and Issue—

Foreign Exchange Rates

rOREIGN

.

British

pfd.
Forest

(quar.)

Products,

7-15

(quar.)

7-

8-

3

6-30

Y-15

6-30

1

•

jiOc

Columbia Power Corp., Ltd.
Columbia Telephone Co.—
preferred (quar.)

Holdert

Payable ol Rec

94%c

:

Ltd.—

—

British

**

'

Co.,

Columbia

Quarterly

When

Share

J25c

British

♦Nominal.

tApplication depends upon type of merchandise.

6%

••Temporarily omitted.

43A%

preferred

British

Inc. (+) or

Dec. (—) since

July 7,
Assets—

1954

certificates

Redemption
Reserve
Total

.

Other

for

857,565

gold certificate

cash

Industrial
S.

res

328,796

advances

85,000

3,841

71,078

+

942

6,160

—

+

290

13,922

4-

47,232

—

—

21,767

29,549

83,977

loans

Government

1953

10,001

—

21,244,667

_

and

+

Federal

notes

Discounts
U.

fund

July 8,

1954

20,387,102

_

—

256,745

—

2,117

securities:

Bought outright—
-r

Bills

I-

-

;

2.316,075

Certificates
Bonds

Held

bought outright-

under

U.

Total
Due

from

R.

F.

S.

73,771

1954
Assets—

25,122,356

notes

of

banks

other

cash

banks,..

134,452

items

3,428,877
53,547

assets
.

46,942

185,091

9~866
367,958

+

j

50,413,563

345,568

—

—

Other

Real

219,598

Member
S.

notes

bank—res.

25,800,914

+

19,405,903

accts

+

212,782

162,658

Deferred
Other

380,003

—

Total

deposits
avail,

liab.

26,304
3,472

131,162
83,719

;

cash

and

20,656,816
2,814,802

items

accrued divs.

—

—

13,844

!'

204,317

150,976

—

415,029

+

126,729
37.260

+

1,205

—

liabilities

Capital

Capital

—

capital

272,786
625,013
27,543
201,845

7)

(Section

for

352,018

—

255,621

13b)

accounts

470

+

+

12,489
40,337

+

for

2,379

4-

loans

+>.>320

carrying

or

»

6,669

;

—

'+''*

7,773
securities—total

bills

33,668

+

240

+

+

17

+

<—

S.

Other

bonds

21,654

securities

Reserves

with

Cash

Federal

8,222

Reserve

—

25

—

587

904

Banks___—

—

45

+

+

496

+

300

—

796

+

500

+

827

—

541

+

5,980

16,803

with

domestic

banks

2,972

Time

deposits

S.

except

Government

53,320

Government—

20.874

+

°1

4,247

+

871

+

deposits

Interbank demand deposits:

Class

1,591

+

Domestic banks

11,159

945

+'

1,262

—

23

—

22

44

—

832

—

928

——

Ratio

of

gold

50,413,563

___

certificate

; .serves to deposit
note

liabilities

and

Canadian

6%

345,568

combined

45.7%

—

.0.1%

Contingent liability
7.

ances

—

*

Preliminary

(Minneapolis

and

San

+

0.2%

on acceptpurchased for foreign

correspondents
Industrial loan commitments

11,936

2^673

+

1,573

—

277

.

14,677

—

.

719

Below will be found

Condition Statement of Member Banks

The

The condition
statement of weekly reporting member
banks of the Federal Reserve
System in leading cities
shows the following
principal changes for the, week
ended June 30:
Increases of $320 million in loans to
brokers and dealers for
purchasing or carrying securi¬
ties, $240 million in holdings of
Treasury bills, and $496
million in balances with
domestic banks; decreases of
$302 million in loans to

the

balances

with

Federal

Reserve

and

in

demand deposits
adjusted, and $832 million in borrow¬
ings, and increases of $871 million in
United States Gov¬
ernment deposits and
$945 million in demand deposits
credited to domestic banks.

C°mmercial,

and

agricultural loans de¬
creased $14 million at all
reporting member banks* the
pnnapal changes were decreases of
$26 million in New

million in Chicago,

#ein

of

$19 million

to

industry appear in another

in

the Dallas District.

.

.

.




•.

ing
the

and

increase

an

Changes according

press release.
•

.

,

j

Real estate
t

,

/

.

.

i

stock

those

called

OF

called

for

bonds, notes,
redemption,

Oil

income

Date

>

Page

—July 21

61

July 16

*

1st

American

Tobacco

Lakes

Pipe

REDEMPTION

6%

1st

York,

mortgage

bonds

Chicago & St.

cumulative

Pittsburgh Cons.

1977

1960

stock

San

bonds,

s.

*

f.

1

59

1

§2808

Oct

debs,

due

1965

debentures due

Francisco

series

:_Aug

A,

1962

1

§2707

July 15

§2599

Aug

1

100

Terminal—

stock,

8-

7-10

8-

7-10

i

due

series A

1975

25c

t.—

30c

6-30

7-10

7-28

6-28

1,15c

(quar.)_

8-

t7!/2C

:

Ltd

7-26

6-18
6-23

$$1.50

8-

2

$31c

8-

2

7-

9

t$1.25

8-

2

7-

9

8-23

8-

3

$20c

8-23

8-

3

$$1.50

7-15

6-30

$27'/2C

7-15

$12'Ac

8-14

7-14

8-

6-25

(quar.)

common

Ltd.—

.

Investments.

Ltd.

(quar.)

(quar.)__

common

;75c

6-30

2

Ltd.—

(quar.)

i$1.12V2

7-15

t$1.12'A

(quar.)

10-15

(quar.)

Vickers,
from

realized
Carlisle

Ltd.

1$ 1.12'A

(increased

income

and

1

8-29

9-29

15

12-30

$37'Ac

quar.)__

1 9/10c

profits

Corp.

7-15

6-30

6-30

_Juiy 26

§2601

July 15

§2477

from

Clinchfield

Carolina

7-20
9-10

10c

—-

4c

35c

-

...

(quar.)_

(quar.)

Carolina

8-

New

Paper Co.

Caterpillar
Stock

4.20%

Tractor

preferred

preferred

(quar.)

$1.25
25c

(quar.)
Co., common

7-

40c

89-

9

*

2

9

(quar.)

1

8-13

50c

8-10

7-20

4%

(quar.)

8-10

7-20

$1.05

(s-a)

7-

8

7-31

7-

8

$50c

t

7-20

7-31

25c

(quar.)

8-10

37y2c

(quar.)

common

Corp.

7-12

6-14

5c

Aguirre

Sugar

Co.

Kansas

Central

Ohio

434%

Light & Power

Hosiery

Mills

7-12

7-15

7-

6

50c

9-17

9-

1

8-

2

7-12

$1.19

7-15

6-30

45c

7-15

6-30

8-16

7-30

8-

2

7-15

15c

7-15

6-30

$1.12'A

7-15

6-30

8-

7-

(quar.)—

Central

Power,

7-27

40c

(quar.)

Hudson Gas & Electric

Chadburn

5-14

7-20
1

.

Knitting Co., Ltd.

Cerico

Ry.

dividend

Corp.,

Celtic

Ohio

(initial)

common

Carpenter

&

8-20

1

Power & Light Co.

(quar.)

pfd.

17'Ac

(quar.)__

(quar.)

Inc.,

(quar.)

21c
5c

common

Chemical Fund,
vestment

Inc. (Increased from net in¬
income)

Chenango & Unadilla Telephone Corp.
4 'A %

preferred

(quar.)

-Chesapeake & Ohio Ry.
3(A%

Ohio—

preferred

7-10
7-10

31'Ac

(s-a)__

preferred

Carborundum Co.

§2596

Aug

RR.—

3'A%

of

1

July 13

Aug

1975

due

preferred

Seabrook Farms Co.,
Pacific Co.

Cumulative

debentures due

Louis

Co.,
3%%

7-16

88-

Central Vermont Fublic Service Corp.

Coal

Southern

1st mtge. 3%%
Standard Oil Co.

due

preferred stocks

Page

Co.—

15-year sinking fund 2%%
Kings County Lighting Co.—
New

5'A%

and

7-26

25c

:

Central

Date

3'A %■ debentures

Co.,
Line

50c

(quar.)_

——

preferred

Central

Company and Issue—

Great

(quar.)___

com.

Corp., Ltd.

Central Cold Storage Co.

Fedders-Quigan Corp. 5%

7-31

$25c

preferred

4'A%

§2708

bonds
PARTIAL

8-16

1

Co.

Co.,

Mines.

Refractories

5%

Patchogue-Plymovth Mills Corp., common stock
Poli-New England
Theatres, Inc.—
mtge.

6-30

37)Ac

33c

Cement

Co.'s, Ltd.,
Ry. Col

Celotex

TENDER

Company and Issue—

Gen

7-15

Pacific

2 1/lOc

under

NOTICE

7-15

(quar.)

(quar.)

General

Canadian

sinking fund provisions.
date indicates the redemption or last date for mak¬
tenders, and the page number gives the location in
current volume (except where
indicated) in which
details were given in the "Chronicle."

3Va%

industrial,

6-30

$1.50

Capital Venture Fund Inc.—

list of corporate

a

common

reserve

Banks, $796 million

7-15

Co.,

4'A%I

including

in

$1.75

(quar.)

7-15

$1.17'A

Corp.

Rv.

4'A%

Redemption Galls and Sinking Fund
preferred

banks, $587 million

6-30

(quar.)

Canadian

Notices
—

7-20

(quar.)

Foundry Co., Ltd.—

Canadian

districts).

Francisco

219,598

R.

7-15

40c

Fairbanks-Morse,

preferred

7-15

.7-15

pfd.

(quar.)

&

7-13

8-

$3

(quar.)

Canadian
—

re-

F.

A

Ordinary

766

—

Foreign banks—
Borrowings

Car

2

8-

75c

Co.,

Southern

Canadian

+2,311

2

8-

8-

(quar.)

Bronze

8-

6

8-

(quar.)—.

preferred

6

8-

8-

com.

(quar.)

Lake

7-16

8-

t38c

Northern Power

5%

(quar.)

2

10c

(quar.)

preferred

Canadian

deposits adjusted

6-30

8-

t20c

Canada

Liabilities—
Demand

7-26

7-30

J20c

Canada

Balances

; Total liabilities and capital
accounts

Power

preferred
Red

5

(quar.):

& Telephone
preferred (quar.)
preferred (quar.)

$1.02

6-11

8-

(quar.)-—^4

Water

Campbell

r8f-2

7-12

$1

Ltd.,

pfd.

preferred

Canadian

I

Mills,

preferred

Portland

$1

17

*

6-30

20c
,

preferred

$1.25

t$3.50

(quar.)

Oregon Power, com.
preferred (quar.)

$1.32

8-16

6-18
•

'

Timber

&

Linen

1st

Electric

Calif.

+2,298

14,017

.

vault

in

8-13

6

$1.75

.

Packing

+1,134

36

+

4

Co.

California

687

6,675

U.

Cement

California

48

2,777

—

8

7-20

10c

____

7%

+4,167

Treasury

.

10-

10-29

65c

(cmar.)_

2nd -p&rtic

$4.70

187

Treasury certificates of indebtedness-—notes

8

25c

6%

367
758

32

289

+

2,562

+
—

302

7-

7-29'

t50c
+*

California

144

+

28

+

190

loans_^.

6

+

8

7-

Co.—

M.)

preferred

Calif.

...

899

8

10*

t50c

Inc

Extra;

660

+

7-

10-29

31c

80c

7-12

7-29

80c

Caldwell

i6-28

,

1

7-15

t50c

.

Biscuit^ $1.25 preferred

Calaveras

703

—

7-15
'8-

$1
25c

Terminal

$1.50

banks

to

14

—

6-23

(quar.)_

pur¬

securities

purchasing

Government

S.

U.

in

(Section

Surplus
Other

49,286,376

Accounts—

paid

Surplus

dealers

!__

estate

Treasury

3,494

.

Total

U.

283,603

575,333

571,375

Foreign

394,581

299,535

Treasurer—-gen. acct.

Other

and

carrying

or

loans

Other

Deposits:
U.

brokers

6-28

7-15

17'Ac

(quar.)

common

Mills,

6-28

7-15

t50c

common—

B

7-12

7-15

15c

preference

B

6-28

6-28

8-11

15c

(quar.)

A

Calaveras Land

21,882
to

chasing

Co.

7-15
7-15

$1.25
.

(quar.)
4% preferred

Class

agricultural

loans
Loans

(quar.)

Co., Ltd., class A preference

(A.

7-21

10c

(quar.)—

(quar.)

Brewing

7%

7-12
6-30

8-20

J3c

,

(increased quar.)

preferred

preferred

Class

477

and

7-19

7-12

5%

Class

508

—•

Industrial,

(Interim)

preferred

Byers

70

Loans

Reserve

7%

+4,486

65

LiabilitiesFederal

329

+

securities

assets

+

1

Co.
(bi-monthly)
Mfg. Co., common (increased)—;
Butterfly hosiery, Ltd., 7% pfd. (s-a)

+

3,740
9,545

8,707

preferred

Bush

39,141

Commercial,

Ltd.

Butler

39,792

25,407

4

—

81,031

8-

2

6

'

10%

convertible

Bullock's Inc..

1953

Loans—gross

11,139

—

—

Investments—total

7-

8-

2'Ac

6%

(In millions of dollars)

and

1

50c

dividend

prior

Burry

9-20

-8-

15c

Mines,

60c

Burns &

10-. 1

to

,

5%

Burger

8-16

95c

plus

common

Extra

July 1,

1954

issue

$48.95

into

1

2)

Reef

Stock

mem¬

Loans—net

1

100,846

T

Total

73,771
+

22

premises

Other
•;;

25,037,437

securities

foreign

Uncollected
Bank

securs.__

and

June 23,

,

at

7-19

2

10c

Perkins

Budget Finance Plan,-com.

dec. (—) since

.

(entire

1

Convertible

7-16

6-30

8-

42'Ac

quar.)__

'

Increase ( + ) or
i

(quar.)
_

(inc.

1

7-15

5c

dividend

Burrus

_________

Govt.

loans

&

(quar.)_

common

com.

Burroughs Corp. (quar.)

♦June 30,
+

Aug

Broulan

ber

744,650

Loans
Total

reporting

Co.,

Aug.

on

dividend.

Stock

Borrowings decreased $514 million in New York City
and $143 million in the Chicago District.

—1,429,425

25,037,437

to

Y.)

preferred

redeemed

8-

1$1.183/4

(N.

Gas

convertible

be

Brooks

the

A summary of assets and liabilities of
banks follows:
'

Taunton

this

Philadelphia District, and $74 million in
the
San Francisco
District.
Time
deposits increased
$91 million.

repurchase

agreement

5%
„

deposits adjusted decreased $386 million in
New York City, $85 million in the Dallas District, $77
million in

Corp.

$3.80 preferred (quar.)
Brooklyn Union Gas Co.,

increased

Demand

643,771

+ 1,604,075
—

3,092,550

Total

<

+

6,599,791
13,029,021

Notes

loans

Holdings of Treasury bills increased $85 million in the
Chicago District, $81 million in New York City, $45 mil¬
lion in the Cleveland District, and by smaller amounts
in most of the other districts. Holdings of Treasury cer¬
tificates of indebtedness increased $17 million. Holdings
of United States Government bonds increased $36 million.

(In thousands of dollars)

Gold

"Other"

million.

$32 million.

Federal Reserve Banks Combined

June 30,

$28

(quar.)_

Industries

Brockton

increased

loans

Statement of Condition of the Twelve

t$1.50

conv.

preferred

(quar.)__

Chicago, Aurora & Elgin R. R.

Chicago-Gorp.

(guar.)

(liquidating).

-

87%c

$2
20c

1

7

7-20

7-12

8-

7-

1

9

Number 5341

Volume 180

.

The Commercial and Financial Chronicle

.

.

When

Per

of Company

Name

Holder•

shareholders

claim

to

5%

a

credit

A

Vilbiss

Deere

&

Share

(quar.)—

(quar.)

Co.

Co.,

Delaware

:

25o

""

Power

;

for

deb.

8%

class

$2

bill

tax

is

A

7-

8

Gamewell

35c

8-

2

7-

6

9-

3

8-

9

9-

3

8-

9

4%

9- 3

8-

9

General

Baking

-

3(51
$2"

(quar.)

Class

A

8-

2

7-

1

5%

convertible preferred

(quar.)

$1.25

10-

1

5%

convertible preferred

(quar.)

$1.25

50c

(quar.)

12-15

12-

1

9-15

Denver

Union

Stock

6-18

Detroit

Edison

Co.

(quar.)„^_„

20c

Cbickasha Cotton Oil Co.. com.

(resumed)—

25c

7-15

25c

10-20'

25c

8-16

7-15

Common

—

Gas

preferred

.,4%
Cinn.

Electric

&

Co., com.

R.

'{5%

preferred

6%

preferred

(B. J.)

Collins

Radio

Stock

Colonial

Co.,

,

mon

for each 25

Common

$1.32

of

12-20

7-31

7-

8-15

7-20

10-

preferred

Insurance

Co.,

9-

1

9

3

Co.

Shares,

From

Dodge

net

&

9

7-31

7-

9

8-

5

7-15

Dominion

7-20

7-10

7-31-

7-15

Dominion Fabrics,
2nd convertible

2

7-15
7-15

7-15

Monthly
&

preferred

(quar.)

•.

Dominion

Investment

7-

7

Dominion

9-

1

7-20

8-

6-29
8-10

8-

3

7-15

div.)

$1
6-23

1
1

35c

8-

1

preferred

7-16

8-31

8-17

9-30

9-17

9-

Co.,

preferred

A

$1.40

pfd. (entire issue called for

conv.

issues

convertible into

Commonwealth
Concord
6%

com.

International

Co.,

preferred

$5c

(quar.)

(quar.)__

Concord

Fund

Concord

Natural

Conduits

Gas,

National

Confederation

5'A%

pfd.

Co., Ltd.

Life

8-16
7-20

6-30

Ducommon

8-

2

Dun

6-29

8-15

7-31

8-

$15c

7-29

9

Telephone Co. of Ky.,

7-15

6-28

General

7-15

6-28

Telephone Co. of
preferred (quar.)

7-30

6-30

9-

8-13

$40c

$37c

9-15

9-10

t38c

12-15

12-10

preferred

$2.06 pfd. (quar.)

$2.20

preferred

1

Giant

Portland

Giant

Yellowknife

9-15

8-

7-

2

1

10-

1

Gladding,

1

9-

1

Glatfelter

7-15

Coppermines

Consolidated

Dearborn

Discovery

2

7-21

7-24

7- 9

6

Duriron

6
6

-8-

1

7-

6

preferred
(quar.)
:
Pennsylvania R. R. Co. (s-a)
Eastern Bakeries, Ltd., 4% partic. pfd. (quar.)

10-

1

9-20

8-

2

7-15

6%

8-

2

7-15

Eastern

25c

(quar.)

Yellowknife

8-20
8-

8-

9

2

7-15

12-15

11-30

Gas

Co.

(Ga.)

Laundries

Lobster,

Consolidated

Metal Products

Mining

Canada, Ltd.

4'A %

(W.

R.)
A

&

Utilities

Sault

Association

Electric

5-17

8%

class

5-17

6%

7-31

8%

7-16

7-

6%

6

9-

1

8-20

12-

1

11-19
7-

7-20

1

7-15

6-30

2

7-15

8-

5%

8-10

7-15

2

7-15

15c

8-12

8-

2

50c

8-16

8-

6

15c

(quar.)

(quar.)

8-

25c

...

(quar.)

7-15

6-30

class

(quar.)
and class B

A

&

Class
Grand

(quar.)

Co., Ltd., class A (quar.)
(quar.)
Co., common (quar.)

A

4'/2%

(quar.)

Great American Industries

Inc., com
(N. Y.)

Co.

Quarterly
Great

♦—-

8-

1

7-15

Green

8-

1

7-15

Co.

25c

8-

2

7-15

8-

1

7-19

(H.

Co.

L.)

(quar.)

9-23

9-

9-

8-12

7-15

6-30

6-25

Gulf

7-15

6-30

60C

7-15

6-25

85

preferred

10c

7-15

7- 6

$5

preferred

(quar.)

5c

7-15

7-

$40c

7-15

6-18

Paper

Gas

Co.

Corp.

Ltd.

6-18

Emhart

7-15

Emporium

Capwell

6-11

Enamel

Heating

7-23

Inc.,

Power

1

9-15

$2

15c

7-15

6-30

Erie

55c

8-20

7-23

53'Ac

pfd.

(quar.)_

(quar.)

com.

1

10-

(quar.)

$1.12

10-

1

9-

3

preferred

(quar.)

$1.13

10-

1

9-

3

Continental'Can

2nd

for

(increased)

com.

$1

(quar.)

933Ac

(entire

issue

redemption on July 20
plus this dividend)

Continental

Copper &
preferred (quar.)

at

$105

Life

Steel

Electric

Insurance

Co.

23c

Indus.,

Co.

10-

1

9-15

9-

1

8-

4

Lines

(quar.)—

17'Ac

7-15
1

7-12
7-15

30c

2*

6-25

90c

2

7-

6

$1.75

(quar.)

com.

(quar.)

888-

2

7-

6

$1.31 'A

(quar.)
Corporate Investors. Ltd.,
&

class A

Reynolds Corp.

(increased s-a)
Corrugated Paper Box Co., Ltd.—
preferred

Cosmopolitan

&

Ltd.

Sexton

class

class

A

(quar.)
& Seal.

Z*ellerbach

(final)

(s-a)

(quar.)—

pfd.

$7

(quar.)

American

Cuneo

Press,

Sug^r Co.,

3'A%

(quar.)

7%

pfd.

pfd.

(quar.)

(quar.)

4'A %

Co.,

A

(quar.)

Laboratories

Abbey

Power

$4.24

preferred

Bros.,
Inc.

(quar.)—

(quar.)

pfd.

Darling <L. A.) Co
Davenport Water, 5%
Davidson

8-13

7-31
11-

1

$1.75

87'Ac

$1.12'A
50c

Inc.

series A

$1
$1.06

933Ac
20c

preferred
(quar.)

(quar.)




(quar.)„

$1.25
10c
25c

8-31

7-13

50c
—

8-10

15c

(quar.)

9-

10c

(quar.)
common

7-31

1

8-

6

7-20
.

7-20

62'Ac

7-31

7-20

(quar.)

$1.25

9-

1

8-13

5%

preferred

"A"

(quar.)

$1.25

12*

1

11-12

4.16%

H.)

(T.

Co.,

preferred

&

$26c

Co.,

6%

Frocks,

Inc.

preferred

5%

Ferro

Firestone

Tire

$1

Firth

Schaffner

&

Rubber

its

Sterling

2

7-15

Hartford

7-16

Hartford Steam Boiler Inspection & Ins. Co.—

2

7-12

10-

1

9-24

Quarterly
Hartz (J. F.)

9-10

8-30

Hat

7-15.

7-15

($1

Co.

A

(quar.)
5% preferred B, D, E (quar.)
Haydock Fund (quar.)
Hayes Industries, Inc. (quar.)
Hayes Mfg. Co. (reduced)
Hecht Co., com. (reduced)——
33A%
preferred (quar.).
Heinz (H. J.) Co., common (quar.)

0-30

7-15

6-30

7-15

6-30

8-

2

7-

9

8-

2

7-

9

capital

9-24

9-

2

7-16

Hershey Chocolate Corp., 4'A% pfd. A

75c

8-

3

7-14

Higbee

7-15

6-30

Higbie

75c

(quar.)

8-

2

7-19

3

5%

Fran.)

stock

stock

(one

additional
four

share

shares

preferred

$~f75

6-18

8-

7-16

1

2

75c,,

8-16

8-

7-26

7-15

class B

8-25

7-10

933Ac

Fraser

Corp.
Cos.,

Freidman

(quar.)

Ltd.,

(L.)

Quarterly

common

Realty

(quar.)..

(quar.)

2

7-15

25c

Ltd. (quar.)
-——

89-

,

1

8-24

$15c

(quar.)

1

7-

8-

3

7-10

7-24

7-10

7-20

7-

9

8-

2

7-15

8-

2

7-15

8-

2

6-14

10-

1

9-20

12'/ac
15c
$1

8-

1

6-28

42y2c
56'Ac

$1.50
$2
$1.50
125c
125c
25c
56'Ac
5c

8-16
9-

1

7-31

8-

2

8-16

7-

9

8-

2

7-20

8-

2

7-20

7-15

6-30

7-15

6-30

9-11

8-30

9-11

8-30

12-11

11-29

12-11

11-29

9-15

8-25

12-15

11-25
2

8-27

8-

7-15

6-25

7-15

6-30

10-15

9-30

7-15

40c
50c

9-10

9-

7-31

7-15

7-30

—

Waiiker-Gooderham

&

Worts,

6-18
1

20c

7-15

10c
10c

&

(R.)

Class

A

7-16

6-15

8-

6-30

7-15
9-10

8-23

12-16

11-28

8- 4

6-25

7-21

6-30

2

7-23

7-15

7-

9-10

8-25

18'Ac
1$1.25
35c

7-30

7-20

7-16

6-30

8-16

7-23

8

5

8-14

8-

9-10

8-25

7- 5

7-12

6-22

11-1

10-20

2-

8-

1-55

2

1-20

7-15

.

40c
$12'Ac
56'Ac

7-15

7-

6

8-

1

7-20

8-

1

7-15

37 Ac

7-15

6-30

7-15

M.)

(R.

Corp.

(quar.)

Holly Sugar Corp., common (quar.)—
5%
preferred (quar.)
Holmes (D. H.) Co., Ltd. (quar.)
Holyoke Water Power
Inc.

Horder's,
Horn

Co.

Insurance

&

Ltd., $5 1st pfd.

(quar.)

en

50c

(s-a)
—

Co.

Hardart

Hot

Shoppes,

(N. Y.),

com.

(quar.)_

(quar.)

Inc.

6-30

33A%

8-16

8-

2

4%

11-15

11-

I

4.40%

Finance Corp.,

25c
*1-45

15c

(quar.)

6-15

Household

25c
20c

(quar.)

preferred

t$2.50
50c

(quar.)

common

(quar.)
(quar.)—
preferred (quar.)

(quar.)—

5
5

7-

6-30

7-26

7-

8-

2

2

7-15

7-31

7-

9

7-31

7-

9

7-10

6-25

8-14

8-

7-23

7-15

7-

2

1

60c

8-

2

7-15

8-

2

7-15

8-

2

7-15

7-15

DC

12/ac
25c
25c
25c

(quar.)

common

7Ji

7-15
7-31

8-13

^bc
93 Ac
45c
$1.25

101/

Co.,

(quar.)

Hollingshead

.5%

7-19

2

7-15

8-

Ltd.—

6-30

$25c

$1.25.
$1-25
10c
30c

25c
$1.25
!5c

preferred (quar.)
Mfg. Co. (quar.)

Holt, Renfrew & Co.,

of

held)

(quar.)

Wallace,

6-15

2

(quar.)

(quar.)—

Extra

Hoe

7-15

30c

for each

(quar.)

nreferred

5%

Co.,

common

Quarterly

de¬

preferred (quar.)__
Electric Light Co. (quar.)

dividend

Powder

Co.,

Hiram

stock

7%

Inc.,

Foundation Co. of Canada,
Fram

preferred C

4'A%

8-

2%

capital

7-15

8-

Hawaiian Electric Co., Ltd.—

6-30

$1.50

(quar.)-

its

on

class

2

7-15

12 Ac
25c
15c
30c
5c

6-30

-

Co., Ltd.,

Corp. of America,

Home

&

(quar.)

Co.

class A (quar.)
4'A% pfd. (quar.)—
Havana Lithographing Co.—
6% conv. pfd. (quar.)

Machinery & Chemical—

Forbes

Light

6-30

v.

7-15
7-15

Electric

(quar.)

Marx

1

Fair Stores-

3%%

&

8-

out of the net profits and/or avail¬
surplus of the corporation)

com.

6%

8-

$1.06 Ya

(San

6-30

8-

120c

Co.—

Harbor

Hercules

Co.

6-25

40c
683Ac

—

8-

Inc.—

Insurance

Corp.

on

Stock

Food

Refractories

(quar.)

Hart.

62%c

—

Fitchburg Gas &
Fluor Corp. (quar.)
Food

5% pfd.
(quar.)

9-15

clared
able

Co.

45c

Boston

and

Organ

1

Inc.—

Quarterly
First

Hammond

Ltd.,

10-

$1.25

(quar.)
(stock dividend)—-

Fund

2

$1.50
25c
$1-37%
$1.37 A
50c

30

7-16

2

$1.25

(quar.)

(quar.)
& Deposit Co. of Maryland

Fireman's

July

Cotton,

7-16

3'Ac

prior preferred

Fidelity

to

2

3'Ac

(quar.)

Products,

8-

7-23

Convertible into com¬

plus this dividend).
Hamilton

8-

16'Ac

preferred

Corp.

6%

A

7-10

called

issue

preferred (quar.)
Plywood Corp. (increased)
Harris (A.) Co., 5'A% pfd. (quar.)
5'A % preferred (quar.)

/16'Ac

Department Stores,
(quar.)

Fibreboard

8-

(entire

pfd.

1

Corp. (Wash. D. C.)

„

preferred B

1

1

50c

(quar.)

4.50%

50c

1

Common

Co.,

8-

15c

-

Extra

7-

8-

redemption on July 30 at $52 per share

for

35c

(quar.)

Federated

Increased
Haloid

10c

(quar.)

7-15

7-15

25c
60c

(quar.)

common

(quar.)
Halliburton Oil Well Cementing Co.—

$35c

(quar.)

Extra
B

Co.,

Harrisburg Hotel Co.

(quar.)

Federal Services Finance

Class

6-15

8-16

Co.—

Ltd., $1.40 pref. (quar.)
Paper Boaid Co., Inc., com. (quar.)_
preferred
(ouar.)

A

(quar.)

preferred

25c

Grain,

Federal Insurance Co.

8- 2

50c
$1.30

*;„5c

—

$1.50

(quar.)

Federal

4%

7-15

65c

(quar.)

preferred

7- 8

12'Ac

(increased)

$3

Electric

Quarterly
Federal

Corp.

Harbison-Walker

Ltd.—

(quar.)

Hampton

8

8- 2

RR.—

Co.

Mfg.

Brothers

$2.40

mon

$1.13

(quar.)

Halle

(quar.)_

10c

4'A%

Daystrom,

$2
$3.50

3c

&

3%%

$1.05

50c

(quar.)

Co

Light Co., $4 pfd.
preferred (quar.)

Corp.,

28'Ac

$50c

pfd. (quar.)
Curtiss-Wright Corp., $2 class A (quar.)
class

$2.50

10c

(quar.)

Corp., $4.20 pfd.

Inc.,

Curlee Clothing

4%%

10c
Ltd.

8% preferred (quar.)
preferred (accum.)

Cuban

Cvoress

1

8-16

11-15

5c

A

Forster,

Co.,

9-

Hagan

6-30

"A"

5%

$15c

Co., 4'A%

Cork

&

preferred

(quar.)

Blackwell,

B

6-25

2

7-15
9-21

Ohio

&

Gustin-Bacon

15c

(quar.)

preferred

Mobile

1

10-

preferred

4'A%

deposit receipts ordinary
L.),

Co.,

Class

8-

25c

Ltd.—

American

&

6-15

$1.25

(quar.)

Craddock-Terry Shoe, 5%

Crossett

7-15

$1.25

Courtaulds,

Cribben

6-18

$$L25

(quar.)—

Realty

Quarterly

(R.

7-15

$6'Ac

preferred

Corroon

2nd

8-13

6

5%

Class

Cornell-Qubilier Electric Corp.
$5.25

5%

7-15

2

Erie Railroad Co.—

Fashion

(Toronto)—
8-

preferred

preferred

1

7-31

25c

(annual)

common

22'/aC
25c

7-

7-16

Guardian Realty Co.

$10c

$3.50

Co., 7% preferred (s-a)
Products, Ltd. (quar.)—

Falstaff Brewing Corp. (quar.)
Farmers & Traders Life Insurance

7-20

Inc.—

•(quar.)

Refining Co.,

preferred

1st

Fairbanks

$81.20

Products

8-20

1

70c

(quar.)

(quar.)

Co.

convertible

Exeter

31'Ac

Transportation

Cook

9-

per

8emi-annual

Corn

8-

called

share

Continental

5

8-20

(quar.)

Forge & Steel Corp.,

6%

Estabrooks

preferred

Continental

75c

Co.—

preferred

&

Equity Corp.,

partic.

Co.,

Mfg.

convertible

5%

Guaranty Trust Co.

Extra

7-15

$37y2c

(quar.)

Corp.—

Phonograph Corp.

8-16

preferred

$3.75

&

62'Ac

(quar.)

(quar.)

Royalties.

$4.25

Radio

5

8- 2

37'/ac
75c

(quar.)

Emerson

of

7-

Griesedieck Western Brewery Co.

62'Ac

(quar.)

;

Co.

2

8-

(Texas)—

Insurance

Life

Southern

Quarterly

15c

Watch

8-16

—

25c

National

7-16

Common

Great American Insurance

40c

Abrasives

&

(quar.)

8-16

3 7'/2c

preferred

—

Ely & Walker Dry Goods, common (quar.)—
7% 1st preferred (s-a)
6%
2nd preferred
(s-a)

Refractories

preferred

7-16

5c

Union

Elgin

Electro

8-16

$2

(quar.)

preferred

Grafton

class B

and

$1.12'A

Products, common (quar.)
4%%
preferred
(quar.)
Elastic Stop-Nut Corp. of Amer.

6-30

37yaC

(quar.)

preferred

8-14

10c

(quar.)

Inc.

2

-

Co.—

8-15

9

4.52%

Dana

preferred

7-13

$1.50
$$1

-

preferred

2

8-

15c
25c

(quar.)

Pumps, Inc., common
(quar.)

5%
Grace

7-10

7-15
-•

7-

4.50%

Dallas

Goulds

—$1

(quar.)

Container Corp. of America,
4% preferred (quar.)_

$2

7-13

9-17

31'Ac

(quar.)

common

Steamship Line,

$20c

Consumers

Cutter

10-22

6-30

(s-a)

preferred

Consol.

Crura

7-22

1

1

2

Consolidated Retail Stores—

Crown

2

(initial)

com.

new

(quar.)

2

25c

,30c

*

Smelting

&

Natural

Consolidated

Cuba

Inc.,

6-30

8-

150c

(quar.)
Batteries,

preferred

8-

(quar.)

Extra

Consolidated

Crown

1

8-

11-

preferred
National

4'/a %

"9-

15c

(quar.)

Corp.

Inc

Extra

Consolidated

Crosse

10-

4%
Gould

preferred
(quar.)
(N. Y.) (quar.)
of Canada—
7% preferred (accum.)
Gulf Life Insurance Co. (Fla.)
(quar.)_

8-

$1.25

Consolidated

Crain

9

7-16
8-20

31'Ac

(quar.)

dividend

convertible

Eastern

7-

2

Inc.,

5%

(quar.)

Consolidated

5%

Industries

Edison

7-24
8-

(quar.)

50c

preferred

7%

pfd.

5%

East

Ekco

Ltd.

Mines,

Consolidated Edison Co. of N. Y.—

1

5%

7-

7-

6-30

$1
$1.37Va

$1.75

Corp

4% pfd. (quar.)
Goodyear Tire & Rubber Co., Ltd. (Canada)

10c

(quar.)

Pittsburgh

7-

20c

(quar.)

Corp.

Corp.

Harvester

$30c

1

$5c

Consolidated

5%

Company,

pfd.

of

6-30

8- 2

.

$1.12Va
35c
25c
bGViC
25c

1

(quar.)

Globe-Wernicke Co., 7% pfd.
Goldblatt
Brothers
(quar.)
Goodall Rubber Co. (quar.)

12%

1

-

preferred

Gleaner

15C

(final).

1

Stock

Common

$5

Co.

7-15

6

25c

(quar.)

com.

6-23

15c

8-

62 'A c

Consolidated

Consol.

Brewing

$1.50

8- 2

$1.25

(quar.)

Co.

&

H.),

6-15

9-10

$1.12'A
-

8-

3 7'Ac

(P.

7- 7

20c

8-

Industries—

(quar.)

Extra

McBean

2

8-

—

(quar.)

preference

$5

7-15

8-

Ltd

Mines

2

Co.,

2%

Duquesne

7-

8-16

15c

Co

Gold

Gillette

40c

(quar.)

4.80%

7-*

20c

income)

Cement

Gimbel Bros., Inc., com. (quar.)
$4.50 preferred (quar.)

11-

$1.12'A

Ltd.,

> 2

8- 2

55c
20c

(quar.)

8-17

10-

(quar.)
&

■

Freres,

Eastern

investment

7

(quar.)

Metals

5.20% (quar.)
the Southwest—

class A & B

Brewing,

(From

Goodall-Sanford,

10c

(quar.)

Genessee

(quar.)

6-15

Co.

55c

—

40c preferred

Chemical

6

preferred

$2.20

-

(quar.)

7-

25c

&

51c

(quar.)

A

7-

preferred

7-15

25C

(quar.)

47'Ac

__

(quar.)

Class

1

Bonus

5%

7-28

87'Ac

Duncan Coffee, class A
Class A (quar.)
j.

Dupuis

4'/a%

$$1
$20c

50c

preferred

Consolidated

8-

51'Ac

(quar.)

$2.04

Connohio, Inc.,

4'A%

Telephone Co. (Calif.)—
preferred (quar.)

$25c

Supply Co. (quar.)
Bradstreet, common (quar.)
preferred (quar.)

&

General

4ya%

Nemours

7- 9

George Putnam Fund of Boston—

$62'Ac

$1

Dunlop Rubber Co., Ltd.

(Toronto)—

Quarterly

$2

preferred

2

Quarterly
Connecticut Light & Power,
$1.90 preferred (quar.)

$4.50

8'

$1.37'A

(quar.)___

(quar.)

Association

u8-10

$1.50

Ltd..

Corp.,

common

7-15

60c
11c

Electric

I.)

——

General

(quar.)

(E.

preferred

quar.)

(quar.)

6-24

$$1.75

de

Pont

11-10

Wares, Ltd.—

(reduced

preferred

7-15

(quar.)

$3.50

3
2

110c
t$1.25

(quar.)

com.

20c

$10c

common

88-

General Telephone Co. of Indiana—

Ltd.—

du

to July 22.

Steel

Common

$25c

Drexel Furniture

re¬

demption at $32.50 per shr. plus this div.)
Both

Coxp.,

7-15

(quar.)

Chemical

$4

Utilities

Special

$10c

Dow

shir, plus this div.)

per

7-31

5c

Public

General

11-24

8- 2

$1.50

7-15

'

demption at $32

___

2

(quar.)

Dominion Textile Co.,

7%

7-30

General

11-10

-93/40

(quar.)

2

(quar.)

preference

6-30

6-25

2

11-2.

25c
$1
87'Ac
12'Ac

pref. for each shr. held)

preferred

$6

6-30

v.

-

Public Serqce
Corp.—
$4 convertible prefbrred (quar.)
$5.50 preferred
(quar.)

8-

1

^quar.)

Common

com¬

7-30

2

7-19

$1.25

—

8-

:

1

Common

9-13
8-

9-17

62V2C

—

tlOc

Ltd. (quar.)
Corp., Ltd. (quar.)__

Coal

9-20
8-16

10- 1

'
(One shr. of 3%

7-30

& Linoleum, Ltd. (quar.)
Investments, Ltd.—

(quar.)

9-

8-

7-15

7-15

Ltd.—

Mfg.,

8-25

Dominion Stores, Ltd. (increased quar.)
Dominion Tar & Chemical Co., Ltd.—

8-

2

(quar.)—

Promts

Class A & B (stock div.)
non-cum. 2n»

$17'Ac

7-15

45c

8-

prewred

General

8-13

(quar.)

common

Dominion Square Corp.,

33c

7-15

$2

Dominion Steel &

re-

1

Ltd.—

(quar.)

Oilcloth

preferred

Gas

pfd. (entire issue called for

7-

8-

$37'Ac

9-17

6-23

9

7-19

6%

1

(quar.)

7-15

8-1

7

5%

(reduced)—

common

2

shares held

7-

6-25

2

40c

Vomeral Mills, Inc. (quar.)
Gei,ral Motors Corp., $5 pfd. (quar.)
$3.v> preferred
(quar.)
Ge„n®rai outdoor Advertising—

tlOc

10-11

75c

8-15

Ltd.—

Corp.,

(quar.)-

preferred

Dominion-Scottish

8-14

'

7

7-15

8-

■

t$1.12'A

Ltd.

Foundries & Steel,

9-22

25c

7-

-

25c

$$1.25
*

8-15

U7y2c

$5

(quar.)
(quar.)

25c

t$1.25

Ltd.,

preferred

7-26

37'Ac

9

20c

(quar.)

$2

(quar.)__

9

25C

—

(initial)

com.

preferred A (s-a)
4% preferred series C (s-a)
General Foods Corp., $3.50 preferred (quar.)
General Instrument Corp.
(reduced)

General

Dominion Glass Co., Ltd.,
7% preferred (quar.)

5%

77-

2c

—

Beneficial shares

Bridge Co.

(stk.

com.

Anglo

$2

(s-a)

Illinois

pref.

income

+

Dominion

4'A %

2

8- 2

25c

7-

2

8-

$37'Ac

Monthly

7-12

8-

7-12

25c

Fund,

7-22

7-31

8-

Inc.—

7-31

8-

7-12

50c

Dodge Manufacturing Corp., (quar.)
Dome Mines, Ltd.
(quar.)
Dominguez Oil Fields (monthly)

5%

7-12

8-

Ltd.-—

Co.,

A

investment

Cox

7-r.

8-

8-12

2
7-15

$2

5%

8*

1

$1

Oil

Crude

3

50c

V—

Corp.—

lOo

Construction

convertible class

Dividend

new

General

Finance

7-

7-21

10c

General Electric,

37'Ac
<

preferred

7-15
7-21

\t0c

_

Co., common
(quar.)

General

3

1

25c

class A (quar.)

(quar.)
Ltd. (s-a)

12-

8-

50c

(quar.)

(quar.)—;._-V

common

2

7-15

60c

—

Co.,

■15

35c

—

7-30

30c

Annual)

(quar.)

preferred

$8

25c

-

Co.

pfd.

2nd

0%

7-30

55c

(quar.)

& Co.,

Gardner-Denver

50c

(quar.)

(quar.)

(quar.)

Steel

$1.50

9-

preferred
(D. B.)

Extra

25c

20c

(quar.)

(quar.)

conv.

1-3-55

$20c

preferred

Northern

1

6-21

50c

Inc.

6%

$2.20

12-10

12-15

90c

(quar.)

30c

(quar.)

1st

Edison

share

6-

17c

Life

One

2

7-12

B

50c

Engineering Inc. (quar.)

Commonwealth

8-

2%
$1.50

Co.

Co., common
(quar.)

30c

Combined Enterprises, Ltd., 5% pfd.
Combined Locks Paper Co., class A
Combustion

Disher

7-23

15%

System,

Mutual

Di-Noc

8-13

1

Match

25c

(quar.)

common

Columbia Terminals,

Columbus

11-10

9--7
8-

Mfg.

25c

pfd.

Inc

Gas

12-1

$1.12Mi
;

4%

(quar.)

non-cumulative

9

9-10

123°

40c

Products Co.

preferred

Class

50c

pfd. (s-a)
(quar.)

(quar.)

Giorgio Fruit Corp.,

8-15

65c

Colorado & Southern Ry.—
4%
non-cumulative 1st preferred

4%

$1.50

1

$1.25

dividend

Columbia

9-

20c

(quar.)—

(quar.)

Co., Ltd.

Fund,

7-20

$1

Coca-Cola Bottling Co. (N. Y.)
Coca-Cola Bottling Co.
(St. Louis)

Coghlin

1

&

1st

Yard

Raynolds, class A (quar.)
B
(quar.)

Class

$1.25

& Elec.,

B

8-

$1.75

(quar.)

preferred

9-15

Di

1

Cleveland Electric Illuminating Co.

4.80%

1

$1.25

(quar.)

$4.50 preferred

10-

Tex. & Pacific Ry.

(quar.)

Coast Counties Gas

Steel

Devoe &

Diamond

City Baking Co., 7% preferred (quar.)
City Investing Co., common (s-a)
Clary Multiplier Corp., com. (stock div.).
Clearfield & Mahoning Ry. (sra)—
Cleveland, Cincinnati, Chicago & St. Louis—
5% preferred (quar.)

Clinchfield Coal Corp.

Gasket

Detroit

$2

(quar.)

Co.

Detroit

8

9-

Co.—

1

New Orleans,

Cities Service

6-15

$1

preferred (s-a).

Cincinnati,

(quar.)

(quar.)

Inter-Terminal R.

4%

Cprp.,

Tramway

9-30
7-16

Chicago Molded Products Corp.

Cincinnati

Denver

25c

(quar.)

20c

Bakeries,

General

:

8- 2

2

Payable of Ree.

Share

(quar.;

common

Fuller

10-15

50c

Corp.,

7-

7-19

25o

v

\.

Compaq

Holdert

When

Per
Name of

Froedtert

7-26

50c

(quar.)

Chicago Mill & Lumber Co.

7- 9

7-26

Denver & Rio Grande Western RR.—

adopted.

(quar.)

A

Class

Holdert

Payable of Reo.

8-

'

eral

(197)

50c

—

&

stock

When

^

30c

L

(quar.)

common

Light Co.-(quar.)
Dennison Mfg. Co., com. "A"
(quar.)—.
Voting com.
(quar.)

income tax purposes if the pending Fed-

,

class

$2
De

record July 1 previously reported here
was
postponed by the directors of the
company until August 2 to permit the

<

X

Dayton Rubber Co., common

Chicago <fc Eastern Illinois RR.—
i
The quarterly payment of 50c on the class
A stock payable July
15 to holders of
j,

Per
Name of Company

Payable of Rec.

Share

*

6-18

7-15

6-30

7-15

6-30

7-15

6-30

8-12

7-23

8-

1

7-

8-

2

7-23

8-

1

7-15

9

7-15

6-30

8-

2

7-

8-

1

7-16

8-

1

7-12

9-

1

8-12

1

7-15

7-

1

8-

8-

2

5

®A-iU

7-15
7-15

preferred

preferred

6-30
6-30

7-15

6-30

&A-

44

(196)

The Commercial and Financial Chronicle

.

Monday, July 12, 1954

.

.

Company and Issue—

Foreign Exchange Rates

Sun

Pursuant to the requirement of Section 522 of

First

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:

2480

certifies

TOREIGN

EXCHANGE

RATES

CERTIFIED

BY

JULY

FEDERAL

2,

8,

BANK

1954,

TO

TREASURY

INCLUSIVE

UNDER

Noon

Co.

Light Co.—
mortgage bonds

ref.

Abitibi

(Value in United States Money)

July 2
Argentina

,

peso—

&

•_

Free

•

'.j-' "1

.0719820*

Australia,

pound
Austria, schilling

■'

1

.133333*

.133333*

.0200500

$4.25

.0385802*

First

*

.0200437

.0428082*+

.0352.609*$

.0352609*$

.0352609*$

.326966

.0428082*t

Free
British

.0352609*$
.326966"

Malaysia, Malayan dollar

Canada,

dollar

.326800

.326866

Dominion

Mexico,

1.021953

of,
:

Norway, krone
Philippine Islands,

.00285625

.210833

2.818125

2.816770

.0799520

.264200

.0799520

!

;

r

.0799520

.

.264200

.140080*

.140080*

.496766*

.496766*

1

.0349000

.0349000

.193330*

.193.330*

♦Announcement

Switzerland,

.233300

.233225

1

57

j

*

*

preferred

1

—-Aug

§2703

stock

July 30

""J

59

l

stock—;

-

l

t.7*

'§2475

_Jun 28

1

Sep

'

July 29

;ioi

July 25

1972

§2853

Sep

1

this issue.-

in

§In

Volume

179.

Dividends
(Continued from page 10)

.2806247

2.816718

Bristol-Myers

2.806073

2.818125

2.817500

.233225

British

Co.,

3%%-pfd.

Columbia

When

Share

Forest

(quar.)

Columbia Power Corp., Ltd.
Columbia Telephone Co.—
preferred (quar.)
434 %
preferred (quar.)

(quar.)

7-15

7-

$10c

8-

3

6-30

$25c

Ltd.—

7-15

6-30

1

,

i

British

Holderi

Payable ol Rec

943/ic

Products,
1

Quarterly

♦ »

*«

Per

.

Name of Company

.233250

2.807596

.

*♦

peso

1966

Co.—

.

.193330*

TTrwcniay,

due

.

.0349000

DAY

2.807596

..«

i£f J.

July 20

bonds

Petroleum

.496766*

INDEPENDENCE

.193330*

2.818281

f.

subordinate debentures due

.140080*

■1

.0349000

Union of South Africa, pound
United Kingdom, pound sterling

.,
■

.

Corp., 3 Vu% debentures due 1966
(Alan) Steel Co., 5% first mortgage s. f. bonds

Wood

1
2

2.789603

escudo
Sweden, krona
franc

2

1982—Aug

Co.—

s.

.264200

2.788881

.496766*

peso

stock-

California—

of

Aug

J|§2805

.210933

.264200

;14OO80*

Portugal,

»;

Co.

*

'

1

2.817500"

2.790222

2.790222

Aug

.00285625
.238379*

.210966

.0799520

;

.00435401*

.00435401*

.238379*

.210966v

pound

.210950

.238379*

2.818333

peso

.210800

.00285625

.238379*

Netherlands, guilder

Warren

preferred

1st mtge. bonds due

convertible

convertible

■;;§2701
H
.

July 30

.

f. bonds, series A and B
5% cumul. conv. preferred

s.

Corp.,

Oil

3J/«%

5%%

mt.ge.

Page

—July 30

-

pfd. stock

conv.

preferred stock—

Tramways

Resistoflex

Union

CALLED

stock
cumul.

convertible

4.50%

Co.,

General

ISSUE

Co.—

Manufacturing

Montreal

1.023828

1.023281

'

.00435401*

'.00285625

rupee

■

.210950

.00435401*

pound

New Zealand,

DAY
.

.210950

France
(Metropolitan), franc
Germany, Deutsch Mark-

Ireland,

.0428082*t

1.021406

Ceylon, rupee
Finland, markka

India.

INDEPENDENCE

§2645

-July 15

—

:

preferred

Co., 3%%
Co., Inc.—

mortgage

Haloid

.0200500

.0428082*$

.0200500

Brazil, cruziero—
Basic

$1.40

Can

second

Crampton

2.245019
<

.0385802*

.0385802*

stock—

Edison

Power

Continental

.0719820*

.0719820*
2.244438

2.245517

.0385802*

and

Consumers

.200000*

.0719820*

2.245517

Belgium, franc

$1.32

$

.200000*

.133333*

"

preferred
cumulative

Commonwealth

.200000*

ft

.133333*

1976

Ltd.—

Brooklyn Union Gas Co., 5%

July 8

S

$

.200000*

Preferential

§2645

stock—July 15

Date

Co.

Paper

7%%

Thursday

Wednesday
July 7

July 6

$

Basic

f

Tuesday

1957-—July 10

pfd.

cum.

and Issue—

Power

$1.50

Monday
July 5

due

ENTIRE

•

Buying Rate for Cable Transfers in New York

Friday

$4.50

1

Aug

1972

2nd mtge. bonds due

America,

1

'

pipeline bonds due
4%

of

Page

Date

.

debentures-*——'-——Aug

Co.—

Gas

Company
Country and Monetary Unit

3%%

mortgage
Biscuit

Washington

.

15-year 33/2%

Transmission

1930

OF

ACT

TARIFF

Gas

Broadway Corp.,

United

3j/2%

RESERVE

TO JULY

1954

Ray Drug Co.,

Tennessee

-

British

•Nominal.

tApplication depends

upon

type of merchandise.

6%

••Temporarily omitted.

British

Industries

Brockton

loans

Statement of Condition of the Twelve
(In thousands of dollars)
Inc. ( +) or

Dec. (—) since
June 30,

Assets—
Gold

1954

certificates

Redemption
Reserve
Total
Other

857,565

gold certificate

res.__

29,549

83,977

47,232

942

290

S.

advances_____

loans

^

Government

71,078

6,160

328,796

and

85,000

—

3,841

21,244,667

cash

Industrial

1953

10,001

Federal

notes

Discounts

U.

for

July 8,

1954

20,387,102

fund

securities:

13,922

—

+

21,767

—

2,117

Bought outright—
Bills

2,316,075

♦V*.

Notes

"

Bonds

.

3,092,550

__

bought outrightunder
repurchase

Held

n'

1,604,075

U.

Due
F.

from

R.

S.

preferred

the

7%

securs.

and

of

Uncollected

other

cash

73,771

25,122,356

+

46,942

185,091

22

banks—

items

9~866

—

53,547

banks

follows:

50,413,563

—

Investments—total

—

industrial,

loans

—L—
to

brokers

chasing

219,598

Other

Real

Member
1

U.

S.

bank—res.

25,800,914
accts

+

19,405,903

Treasurer—gen. acct.

Foreign
Other

212,782

+

299,535

—

571,375 "

162,658

—

394,581

—

+
+

26,304
3,472

+

131,162
83,719
204,317

———

Deferred
Other

deposits
avail,

liab.

Total

20,656,816

cash

items

and accrued

—

2,814,802

divs.

liabilities

150,976

—

13,844

+

49,286,376

37.260

+

1,205

—

126,729

—

415,029

—

352,018

for

255,621

paid

Surplus
Other

.

(Section

capital

272,786
625,013

7)

13b)

470

+

+

12,489

+

40,337

27,543

accounts

201,845

Other

Calaveras

477

Extra

;

>
•

Reserve

144

+

48

+

17

+

687

6,675

—

4

+

—

25

—

587

904

+

45

+

17

+

496

+

300

53,320

—

796

+

+

—

16~803

—

Ratio

of

gold

50,413,563
certificate

*; -serves to deposit
note

with

domestic

banks

2,972

*

LiabilitiesDemand

liabilities

i

345,568

Time

deposits

S.

adjusted

except

Government

—

Government

deposits

-—-

4,247

Domestic banks

11,159

banks

.

———:

Borrowings

+2,311

—

+

871

+

1,262

—

945
23

—•

22

44

Interbank demand deposits:

Foreign

°1

—

832

—

•

Preliminary

(Minneapolis

San

and

Francisco

combined

45.7%

—,

Contingent liability

0.1%

+

0.2%

.

on accept¬
purchased for foreign

correspondents
Industrial loan commitments

11,936

766

+

2^673

+

1,573

14,677

V-

277

—

-

719

Condition Statement of Member Banks
The condition statement of
weekly reporting member
of the Federal Reserve
System in leading cities
shows the
following principal changes for the week
ended June 30:
Increases of $320 million in loans to
brokers and dealers for
purchasing or carrying securi¬
ties, $240 million in holdings of
banks

Treasury bills, and $496

n- ^ ba.lances with domestic banks;

million in

balances

with

Below will be found
and

decreases of
to banks, $587 million in
reserve
Federal Reserve
Banks, $796 million in

Co^m®rJial» industrial,
$14 million
at all

and

agricultural

loans de¬
reporting member banks; the

principal changes were decreases of
$26 million in New
ty and $14 million in
Chicago, and an increase
o
$19 million in the
Dallas District.
Changes according
to
industry appear in another press release.
Real estate




A

1

t

stock

called

under

1st

NOTICE

OF

Patchogue-Plymouth Mills Corp., common stock
Poll-New England
Theatres, Inc.—
Gen

mtge.

income

Date

Page
61

July 16

bonds_

July 21

PARTIAL

REDEMPTION

Company and Issue—
American

Tobacco

Co.,

Fedders-Quigan Corp.
Great

Lakes

Pipe

33/4% debentures due 1977
—Aug 1
5% and 53/2% preferred stocks—July 13

Line

6%

York,

Pittsburgh Cons!

preferred
Coal

Co.,

Seabrook Farms Co., 3%%
Southern

Pacific

1st mtge. 3%%
Standard Oil Co.

Cumulative

Co.

San

bonds,
of

1960

3%%

1

59

Aug

1

§2808

Oct

debs,

due

1965

f. debentures due 1962

Francisco

series

—Aug

1

§2707

July 15

§2599

RR.—

stock

s.

A,

Aug

1

100

Terminal—

due

1975—

—July 26

§2601

Ohio—

preferred

stock,

(quar.)
(quar.)__

series A

July 15

§2477

2

6-23

2

7-

9

2

7-

9

8-23

8-

3

8-23

8-

3

7-15

6-30

7-15

6-30

8-14

7-14

2

6-25

(quar.)

Co.

$$1.12Va

7-15

10-15

$$1.12,/2

Aguirre

(quar.)—'

6-30

9-10
8-

$1.25

1

8-20
5-14

7-20

7-

9

25c

8-

2

7-

9

40c

-

9-

-■

■

,

(quar.)

1

8-13

50c

8-10

7-20

4%

(quar.)

common

8-10

7-20

$1.05

Sugar

Co.

Central

Ohio

Power,

434%

Light & Power

pfd.

Hosiery

Mills

Inc.,

(quar.)

Gorp,

(guar.)

—

1

8-

2

7-12

7-15

6-30

7-15

6-30

8-16

7-30

2

7-15

15c

-

-

(liquidating).

6

9-

8-

7-15

6-30

$1.12I/2

7-15

6-30

8-

7-

Fund, Inc. (increased from net in¬
income)

Chicago, Aurora & Elgin R. R.

7-

9-17

5c

vestment

Chesapeake & Ohio Ry.
3^2 %
conv.
preferred

7-15

21c

common

Chenango & Unadilla Telephone Corp.
4%%
preferred
(quar.)

7-12

45c

(quar.)

7-27

$1.19

(quar.)

6-14

17'/2C

(quar.)

8

7-12

50c

(quar.),,

8

7-

40c

(quar.)

7-

7-31

$50c

(quar.)

7-20

7-31

25c
;

8-10

37V2C

(s-a)

Storage Co.

Kansas

-

7-20

5c

Central

Chicago

6-30

10c

(quar.)

Co.,

7-15

35c

(initial),

Co.

12-30

from

Corp.

Chemical

6-29

9-29

15

$37%c

quar.)—

1 9/10c

dividend

Cold

1

4c

and

<quar.)_

Tractor1

8-

$$1.12 %

profits

preferred

Chadburn

8-

8-

j75c

Central Vermont Public Service Corp.

Chicago & St. Louis

cumulative

*

6-18

Ltd.—

income

Paper

§2596

Co.—

15-year sinking fund 2%% debentures due
Kings County Lighting Co.—
3%% 1st mortgage bonds due 1975—
New

Page

7-10
6-28

7-26

$27V2c
$12'/2c

Ltd.

common

Central Hudson Gas 81 Electric

Date

7-10

8-

7-28

8-

Co

Knitting Co., Ltd.

Central

8-

$31c

Corp., common (quar.)
preferred (quar.)

Central

7-10

$$1.50

Ltd.,

preferred

common

§2708

7-10

8-

$25c

Corp. (quar. i__
Carolina Clinchfield & Ohio
Ry.
Carolina Power & Light Co.

Cenco

7-31
7-16

$$1.25

Carlisle

Celtic

6-30

8-16

7-26

8-

$$1.50

(quar.)

Investments.
Ry.

from

4.20%

7-15

<

$20c

Co.'s,

Carborundum

5%

6-30

$t15c

(quar.)_

(quar.)_
Ltd.
(increased

Celotex
.*

Ltd.

(quar.)

Stock

TENDER

Company and Issue—

Corp.,

preferred

Caterpillar

in which

6-30

6-30

30c

preferred

Carpenter

(except where indicated)
given in the "Chronicle."

7-20
7-15

7-15

$7%c

4V2%

the

were

40c

7-15

25c

—_

Ltd

common

Refractories

realized

current volume

,7-15

7-10

;

General

sinking
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
the details

7-15

1

33c

(quar.)

Oil

New

1

8-

8-

Canadian Vickers,
Capital Venture Fund Inc.—

bonds, notes,
redemption,
fund provisions.

1

8-

25c

«<"4V2%

for

8-

(quar.)_

com.

(quar.)

preferred

2 l/10c

called

7-15

Fairbanks-Morse, Ltd.—

Pacific

-

1

50c

(s-a)—

Co.,

(quar.)

Ordinary

8-

Foundry Co., Ltd.—

Canadian

list of corporate

a

common

loans

demand deposits
adjusted, and $832 million in borrow¬
ings, and increases of $871 million in
United States Gov¬
ernment deposits and
$945 million in demand deposits
credited to domestic
banks.

creased

Class

7-13

(quar.)_^

(quar.)

Car &

Canadian

4V2%

including those

*oao

Canadian

6%

Rv.

4

31 V<c

Mines.

Power

Bronze

2

8-

37 %c

Co.

(quar.)

preferred

2

8-

$1.17'/2

(quar.)

Cement

(quar.)—;

Southern

5%

8-

6

$1.50

(quar.)

Northern

6

8-

$1.75

Corp.

Lake

Canadian

districts).

Redemption Galls and Sinking Fund
preferred

$302

Red

Canada

+ 1,591

Notices
—

J

(quar.)

preferred

7-16

8-

10c

75c

(quar.)

&

preferred

$1.02

2

$38c

(quar.)

___

preferred

Campbell

928

-

|

6-30

8-

$20c

$3 pfd.

$1.32

219,598

—

R.
.

ances

Water

Canadian

deposits

(quar.)

(quar.)—
(quar.)
Co.,

$1.25

re-

and F.

preferred

Canada

Balances

7-30

$20c

—.

com.

Telephone Co.,
preferred (quar.)

$1

2

7-26

20c

Oregon Power, com.

Canadian
—

Power

Portland

500

-

preferred

Packing

541

8*

6-11

5

8-

$1

Ltd.,

.partic pfd.

California

827

—

*

8

$1.75

—

Mills,

California

+2,298

Total liabilities and capital
accounts

$4.70

1,134

36

8,222

1st

2nd

Electric

Calif.

8-16

10-

7-12

t$3.50

Timber

&

Linen

California

187

.6-30

80c

(quar.)

+

5-18

8-13

31c

(quar.)

+4,167

7-8

7-20

10c

t

(quar.)

preferred

32

14,017

Co.

preferred

20.874

+.

Cement

7%

289

7-29'
10-29

'

6%

240

+

(quar.)

(quar.)

367

+

8

$50c

(bi-monthly)

758

+

'+■;

preferred

+

2,777

Banks—

——

80c

6

7-

65c

—

28
302

—

33,668
2,562

—

Federal

6

+'
+

190

21,654

securities

with

660

7-

10-8

25c

——

Caldwell

Calif.
899

+

securities—total

vault—.

+

320

+

7-12

1

10-29

t50c

Co.

1

$1.50
2,379

—

-

Cash

703

.i

7,773

Reserves

—

8-

$50c
;

$1.25

Calaveras Land

—6,669

——

loans

bonds

in

508

—

Canadian

5~980

+

s-

loans

S.

—

70

pur¬

carrying

or

—

U.

U.

in

(Section

for

securities

banks

Government

S.

dealers

purchasing
—

65

+

14

.6-28

7-15

Inc

preferred

+

—

7-15

6-28

7-29

M.) Co.—

(A.

7%-

39,792
21,882

Treasury bills-i———
Treasury certificates of indebtednessTreasury notes
1

3,494

—

Capital Accounts—
Capital
Surplus

U.

283,603

—

575,333

+

380,003

—

■jttZk
Total

to

and

carrying

or

loans

estate

Byers

329

agricultural

and

i6-28

*

+

+4,486

6-28

7-15

$50c

Mfg. Co., common (increased)—
Butterfly hosiery, Ltd., 7% pfd. (s-a)

1953

7-12

7-15

$1

.

(quar.)—

Terminal

6-28

8-11
7-15

—25c

Butler

39,141

—

Commercial,
Loans

1954

(quar.)—

common

Mills.

7-15

17'/2c

common

B

81,031

Loans—gross

Other
notes

B

Class

Bush

July 1,

(In millions of dollars)

and

Loans—net

Liabilities—
Reserve

Class

6-28

15c

preference

Burry Biscuit,

(—) since

June 23,

1954

9,545

Deposits:

A

7-15

15c

(quar.)—

Class

6-30
7-21

$1.25

(quar.).

(quar.)_:

Co.

7-12

8-20

2V2C

■

^

Co., Ltd., class A preference

Burroughs Corp.

dec.

Loans

Federal

—

(quar.)

Brewing

Burns &

mem¬

"
Increase (+ ) or

securities' is.
;

reporting

' O

preferred

(quar.)
Bullock's Inc, 4% preferred

Burrus

3,740

345,568

+

increased

Burger

A summary of assets and liabilities of

ber

25,407

4

8,707

—

100,846

assets

deposits

Borrowings decreased $514 million in New York City
and $143 million in the Chicago District.

11,139

367,958

—

3,428,877

assets

Total

Time

$91 million.

1

134,452

premises

Other

District.

73,771

25,037,437

securities

Francisco

7-19
7-12

10c

—

preferred

2

6

$3c

preferred

San

1

8-

5%

———

dividend

6%

8-

10%

Mines, Ltd. (interim)
Budget Finance Plan, com. (increased quar.)
...v.
Extra.,——

prior

7-

15c

.

Reef

Stock

1

plus

dividend

Broulan

9-20

-8-

common

Aug 2)
Brooks & Perkins—J

5%

Assets—

foreign banks

notes

Bank

Govt,

loans

$48.95

into

to

Stock

8-16

10r. 1

50c

at

6-30
7-19

2

10c

42V2C

quar.).^
issue to

(entire

1

7-16

7-15

95c

.

Convertible

convertible

Loans
Total

(quar.)

(inc.

1

8-

5c

-

I

Aug.

on

dividend.

8-

$$1.18%

(quar.)

common

com.

preferred

redeemed

60c

agreement
Total

Co.,

(quar.)

convertible

this

deposits adjusted decreased $386 million in
New York City, $85 million in the Dallas District, $77
million in the Philadelphia i District, and $74 million in

♦June 30,
+

Gas

preferred

be

.

Demand

—1,429,425

25,037,437

Taunton

(N. Y.)

Brooklyn Union Gas Co.,
5%

744,650

—

$3.80

increased

Holdings of Treasury bills increased $85 million in the
Chicago District, $81 million in New York City, $45 mil¬
lion in the Cleveland District, and by smaller amounts
in most of the other districts. Holdings of Treasury cer¬
tificates of indebtedness increased $17 million. Holdings
of United States Government bonds increased $36 million.

643,771

+

13,029,021

Total
;

+

6,599,791

1

loans

256,745

—

l

t:1'-.'Certificates

"Other"

million.

$28

$32 million.

Federal Reserve Banks Combined
July 7,

increased

Corp.

i$1.50

-

87&c
$2
20c

1

7-20
8-

1

1

7-12

7-

9

Number 5341

Volume 180

The Commercial and Financial Chronicle

...

When

Per
Name

Chicago

Share

of Company

&

Per

Dayton Rubber
Vilbiss

record

Deere

was

Delaware

July 1 previously reported here
postponed by the directors of the
company until August 2 to permit the

,

shareholders

claim

to

5%

a

for

credit

eral

if the pending Fedbill is adopted.

$2

tax

class

A

t_.4%

Electric

&

10-15

10-

l

12-15

12-

1

9-30

9-15

Denver Tramway Cprp., 1st
Denver Union Stock
Yard

7-16

6-18

Detroit

Edison

Co.

6-15

Detroit

Gasket

&

9-

Detroit Steel Products

25c

7-15

25c

(quar.)

10-208-16

1

9-15

$2

8-

1

1

8-15

$1.25

12-1

11-18

$1

preferred (s-a)
—--—- —
Cincinnati, New Orleans, Tex. & Pacific Ry.

(quar.)

6%

preferred

(quar.)

Cities Service Co.

—

(quar.)—

—

9-7

8-13

Clearfield

&

Cincinnati,

Mahoning

Ry.

...

8-

1

8-

2

6-

7-12

1-3-55

Disher

6-21
12-20

$1.50

7-31

7-

(quar.)—

65c

8-15

preferred (quar.)
Clinchfield Coal Corp. (quar.) -------—---Coast Counties Gas & Elec., 4% pfd. (quar.)

$1.12%

$4.50

4.80%

Stock

Co.,

Fund,

Colorado

&

-•

1

9-

9

3

7-31

7-15

$2

7-26

7-

$2

9-22

9-

20c

8-14

7-20

Gas

System, Inc. (quar.)
Columbia Terminals, 6% preferred (quar.)—

Common

$1.32

of

Gas

9-

Dominion

8-10

7-15

6-23

$1
45c

8-

1

8-

33c

35c

8-

6%

Electric

Co.,

preferred

Concord

Natural

Conduits

National

1

Co., Ltd.

Life

(quar.)

Ducommon

2

Dun

7-31

8-

9

9-10

preferred

A

Dupuis Freres,

5%

preferred
(quar.)
Pennsylvania R. R. Co. (s-a)
ZZZ
Eastern Bakeries, Ltd., 4% partic. pfd. (quar.)

10-

1

9-20

Eastern

8-

2

7-15

6%

preferred

Consolidated

Gas

Co.

8-

25C

(Ga.)

Laundries

Lobster,

Edison

7-15

12-15

$5c

8-

2

7-15

15c

(quar.)—

7-

(quar.)

1

8-15

2

7-10

SI

7-15

6-30

7-15

6-30

-

Extra

(quar.)

-

—r;—— -

Consolidated

Canada,

^

Smelting

Mining &
Ltd. (s-a)—

Co.

of
$40c

7-15

Consolidated

Paper

Ltd.

Corp.

(quar.)

7-15

8-16

7-23

4%%

preferred

4.50%

Power

com.

7-15

6-30

8-20

7-23

$1.12

(increased)

$3.75

Can

2nd

for

(quar.)

—-

(entire

preferred

redemption on July 20
plus this dividend)

5%

Copper

preferred

Continental

Steel

&

Cook

9-

5

1

8-20

H

9-15

(quar.)

Life

Co.

Insurance

1

IT""
(Toronto)—

Lines

(quar.)—

Electric Co. -(quar.)—,

—

Corn

Products Refining Co., com. (quar.) —
7%
preferred (quar.)
Cornell-Qubilier Electric Corp.
$5.25 preferred (quar.)
Corporate Investors. Ltd., class A
Corroon & Reynolds Corp. (increased s-a)
Corrugated Paper Box Co., Ltd.—
5%
preferred (quar.)—
Cosmopolitan Realty (quar.)

9-

1

8-

1

6-25

90c

8-

2

8-

2

7-

$6%C

7-15

25c

8-

6-25

9-

1

—

(R.
&

Crosse

&

Crossett
Class

L.),

Ltd.

Sexton

Co.,

Blackwell,
Co.,

B

class

(quar.)
4y2%

class

A

5c

A

IOC

$7

preferred

42

class

Dallas

A

Abbey

Power

&

2-55

9-30
9-

1

12- 1

'£.2

2

7-

2

$10c

11-

1

10-

1

Gladding,

10-1

9-

1

Glatfelter

25C

$1
25c

pfd.

(quar.)

$1.12 y2

Daystrom,

Inc.

Z

A

1

7-15

6-23

2

7-21

8-

7-24

7-

9

7-24

7-

9

8-

2

7-16
8-20

4Va%

Fund

Fireman's

Insurance

&

Rubber

($1

Corp.

and

$1

clared

class

its

on

of

out

able surplus

net

the

A

Firth

—

3%%

(quar.)

Fram

Fraser

Corp.
Cos.,

Freidman

7-31

—

Ltd.,

Quarterly

R.)

(W.

8%

7-

9-

1

8-20

3P/4C

12-

1

11-19

$1.50

7-20

7-

1

$$1

7-15

6-30

8-

2

7-15

8-10

7-15

15c

8-

2

7-15

25c

8-12

8-

2

8-16

8-

6

7-15

6-30

(quar.)

(quar.)

8-

6-25 A

6-30

2

7-15

7-15

6-15

8-

2

7-

8-

&

7-10
7-10

7-20

7- 9
7-15

8-

2

8-

2

7-15

8-

2

6-14

10-

1

9-20

8-

1

6-28

8-16

8-

9-

$1

1

8-16

class

A

Co.,

Union

4y2%

7-20

2

7-20

7-15

6-30

7-15

6-30

9-11

8-30
11-29

12-11

11-29

$25c

8-25

12-15

11-25

25c

8-27

8-

56V4C

7-15

6-25

5c

(quar.)_

9-15

$25c

(quar.)

common

preferred

8-30

9-11
12-11

$1.50

(quar.)

7-15

6-30

9-30

5C

Southern

Quarterly

7-15

Green

7-15

2

7-15

9-10

9-

7-31

8-

1

7-19

9-23

9-

1

8-12

Gulf

70c

7-15

6-25

2

Gulf

60c

7-15

6-25

10c

7-15

7-

6

7-15

7-

6

8-13

7%

Mobile

85

7-15

Hagan

9-21

Halle

1

8-

6

(quar.)
Mfg.

—

Corp.

(quar.)
Co.,

Oil

Increased

(quar.)

8-10

7-20

7-31

7-20

for

7-31

7-20

plus this dividend).
mon to July
30

9-

1

8-13

12*

1

11-12

7-15

6-15

65c

8-16

8-

2

Haloid

(entire

pfd.

4.50%

Co.,

---

Hamilton

pfd.

7-16

7-16

10-

1

9-15

50c

9-10

8-25

7-23/^

8^

Hart.

Schaffner

—

Light

Electric

8-

9-10

8-25

j

$1.50

7-30

25c

7-12

7-6
6-22

11-1

10-20

2-

$1.37%

1-55

50c

8-16
8-

683/4C

10c

8-

2

7-15

Hartford

$35c

8-

1

7-16

8-

2

7-12

50c

10-

7-15

2

Hartford Steam Boiler Inspection & Ins. Co.—

35c

1-20

6-30
7-23

7-16

40c

(quar.)—

Co

5

8-14

35c

$1.37%

(quar.)—

Marx

&

7-30

$$1.25

(quar.)

preferred (quar.)
Plywood Corp. (increased)
Harris (A.) Co,, 5%% pfd. (quar.)
5y2% preferred (quar.)
Harrisburg Hotel Co.
—

1

7-

18VBC

—--—

5%

Ltd.,

Cotton,

6%

2

2

8-

7-15

callfed

issue

Harbor

8-

6-30

7-21

30c

60c

Convertible into com¬

Organ Co. (quar.)--Harbison-Walker Refractories Co.—

8-

6-28

4

redemption on July 30 at $52 per share

Hammond

25c

11-26

8-

Co.—

—

15c

10c

—

Well Cementing

8-23

12-16

25c

(quar.)

preferred

Halliburton

——

(quar.)

common

9-10

$1.25
10c

(increased)

Co.

Brothers

$2.40

7-15

$1.25

preferred

Gustin-Bacon

1

6-30

2

8-

RR.—

preferred

$5

7-15

$75c
12%c

(quar.)

(Fla.)

Co.

Ohio

&

7-16

6-15

8-

75c

(accum.)

preferred

Life Insurance

2

7-15

37 %c

preferred (quar.)
(N. Y.) (quar.)
Guardian Realty Co. of Canada—
convertible

5%

9-

10-

(quar.)

Guaranty Trust Co.

25c

$3.50

Co.

L.)

1

7-15

Griesedieck Western Brewery Co.

8-

6-18

40c

—

___—

1

1

7-15

—

(Texas)—

Insurance

Life

10-15

50C

(N. Y.)

Quarterly

(H.

2

37V2C

—

Great American Insurance Co.
Great

2

8-

$2

Great American Industries Inc., com
Common

7- 9

8-

$1.50

preferred
(quar.)
Grafton & Co., Ltd., class A (quar.)
Class A (quar.)
Grand

7-31

42%c

$2

(quar.)

(quar.)
and class B

8-

1

2

Co.—

8-

40c

1

3

7-24

25c

(quar.)

$1.12%

1

9-24

Hartz

8-30

Co., Ltd.,

7-15

6-30

$1.25

7-15

6-30

8-

$1.06%

8-

2

7-

2

7-

9-24

9-

9
9
3

F.)

6%

pfd.

conv.

(quar.)

preferred C (quar.)
preferred B, D, E (quar.)
Haydock Fund (quar.)
—
Hayes Industries, Inc. (quar.)
Hayes Mfg. Co. (reduced)
Heoht Co., com. (reduced) —
3%% preferred
(quar.)—
Heinz (H. J.) Co., common (quar.)
%

Powder

57c

Co.,

8-

2

7-16

Hershey Chocolate Corp.,

8-

3

7-14

Higbee
5%

6-30

75c

8-

2

7-19

Higbie

Co.,

common

1

7-16

8-

75c

8-16

30C

7-26

8-

2

7-15

--

8-25

7-16

93%C

8-

2

7-15

25c

9-

1

8-24

7-30

(R.)

Class

&

common

5%

&

Horn

Hot
6-15

6-30

Shoppes,

Co.

7-19

10c

8-16

8-

2

4%

11-15

11-

I

4.40%

Worts,

$1.25

8-14

53 VaC

8-13

25c

7-15

preferred (quar.)

'

8-

9

2

7-23
7-

1

8-

2

7-15

8-

2

7-15

8-

2

7-15

7-15

6-18

Ltd.

7-15

12 %C

(quar.)

7-15

6-30

7-15

6-30

25c

(quar.)

com.

6-30

25c
25c

(quar.)

8-12

7-23

8-

1

7- 9

50c

8-

2

7-23

$$2.50

8-

1

7-15

25c

7-15

6-30

50c

8- 2

7-

25c

8-

1

7-16

25c

8-1

7-12

1

8-12

37% c

(quar.)_

9-

$1.25

1

15c

(quar.)

preferred (quar.)
preferred (quar.)

9

7-

6-23

7-10

$75c

(N. Y.),

33%%

7-

7-31

5c

&

(quar.)

Inc.

7-15

2

7-31

—

Household Finance Corp.,

$25c

IOC

Hardart

preferred

8-

2

15C

(quar.)

Inc.

7-

$1.25

H.) Co., Ltd (quar-)-------"-?
Holt, Renfrew & Co., Ltd., $5 1st pfd. (s a)
Holyoke Water Power (quar.)
Home Insurance
Co.
(quar.)
Horder's,

7-26

45c

(quar.)—-

preferred

5

7-

6-30

5c

—

Co.,

(quar.)

A

7- 5

7-15^

7-3lf

35c

<:ierr*d
\
4*/»% P*d. A (quar.)

Hollingshead <R. M.) Corp.
Holly Sugar Corp., common

5%

7-15

6-30

7-15

93%c

preferred (quar.)
Mfg. Co. (quar.)

6-30

$15c

7-15

30c

(quar.)

Quarterly

$1.75

7-15

25c

™

Hham&Waiker-Gooderham
Hoe

6-18

7-20

1

15c

5%

75c

7-15

1

8-

Hawaiian Electric Co., Ltd.—
4 Va

6

8-

56V4c

12'/4c

(quar.)——
(quar.)—

of America, 4V2% pfd.
Havana Lithographing Co.—

$12 %C

37 %c

class A

Hat Corp.

(J.

7-

7-15

40c

Quarterly

9-10

20c

common

Realty

2

8-

15c

6%

6

share of

(quar.)

(quar.)

(L.)

Grace

8-14

7-15

(quar.)

of Canada, Ltd.

7-10

7-23

$50c

Pumps, Inc., common
preferred (quar.)

5%

7-16

Fran.)

1

class B

Co.

Goulds

$30c

Chemical—

preferred

7-

1

56 V4C

(initial)

com.

new

preferred

its capital stock
capital stock de¬

additional

55c

15c

(quar.)-___-

(quar.)

class A and class B

profits and/or avail¬

(one

1

7-15

8-

$1.30

$1.75
12%c

(quar.)

preferred

$1.50

for each four shares held)

7-15

25C

Holmes, (D.

dividend
stock

preferred

4V2 %

6%

of the corporation)

Food Machinery &

Foundation

4%

Gould National Batteries,

8%

$1.25

Inc.,

2

Goodyear Tire & Rubber Co., Ltd. (Canada)

5-17

6-30

7% preferred (quar)__
Fitchburg Gas & Electric Light Co. (quar.)
Fluor Corp. (quar.)
Sterling

7- 8

8-

35c

(quar.)

pfd.

5-17

6-30

(quar.)Z_ZZ_ZZ

Co.
on

8- 2

50c

25c

Corp

7-13

7-15

Quarterly
Tire

Harvester

Globe-Wernicke Co., 7% pfd.
Goldblatt Brothers
(quar.)
Goodall Rubber Co. (quar.)

7-13

45C

Boston

Gleaner

Hercules

(San

5

25c

10-22

2%

Co.

7- 8

56V4c

1

7-15

(quar.)

2

$1.12%

^

(quar.)

com.

11-

3%C

ZZ~Z

(quar.)

8-

$20c

(quar.)

7-22

16 %C

Z

7-

$1.25

(quar.)

Co.

&

H.),

1

62% c

preferred (quar.)
Deposit Co. of Maryland

prior

(P.

2

ZZZZZZ

Corp. (stock dividend)
Fibreboard Products, Inc.—
6%

McBean

preferred

—

(quar.)

8-

6-30

ZZZZ

2

20c

Ltd

Mines

10-

6-30

Ferro

Fidelity &

Gold

preference

$5

$1.12%

7-15

(quar.)

preferred

Co.,

9-17

7-15

ZZ

(quar.)

Forbes & Wallace,

(quar.)

(quar.)




7

3%C

preferred B (quar.)
Department Stores, Inc.—

com.

—

(quar.)

7-

—

preferred (quar.)
preferred (quar.)
Dana Corp., 33/4% pfd. series A (quar.)
Darling (L. A.) Co
Davenport Water, 5% preferred (quar.)
Inc.

6-15

16%C

1

Stock

(quar.)

$4.24

Bros.,

2

9-10

4%%

Davidson

8-

Food Fair Stores—

Co

Light Co., $4 pfd.

7-15

D.~C.)

(Wash.

7-16

8-

15c

Gimbel Bros., Inc., com. (quar.)
$4.50 preferred (quar.)

-

(quar.)

Laboratories

-

ZZZZZZZZZ
(quar.)_ZZZ
(quar.)"
Z

(quar.)

Common

First

Cuneo Press, Inc., 3%,%
pfd. (quar.)_
Curlee Clothing Co., 4 y2 % pfd. (quar.)
Curtiss-Wright Corp., $2 class A (quar.)

Cyoress

1

8-

Federated

1

Co

Cement

Gillette

7

$1.50

ZZ

(quar.)

-—

(accum.)

Cuban American Sug^r Co., 7%

Cutter

5%

8-13

7-31
11-

Yellowknife

8-17

15C

(ouar.)

preferred

Portland

Giant

6-15

7-

9-15

Co.—

(quar.)

B

Firestone

—

(quar.)

Crown Zbllerbach Corp.. $4.20 pfd. (quar.)—
Crum & Forster, 8% preferred (quar.)

Co.,

$2.50

28yBC

(quar.)

8-20

4%%
$15c

—

pfd.

(quar.)

(quar.)
& Seal, Ltd.

Crown Cork

Cuba

8-16
11-15

(quar.)

Inc.

Ltd., $1.40 pref.

Extra

,

deposit receipts ordinary (final)
Craddock-Terry Shoe, 5% preferred (s-a)
Grain

$1.25

Ltd.—

American

Cribben

Class

5%

$1.25

Giant

7-15
7-28

$26c

ZZZZZZ

7-16

8-16

20c

income)

$20c

$1.25

Extra

6-15

—

investment

$25C

ZZZZZ

A

—

(quar.)

class A & B

Brewing,

(From

$1.25

___:

Federal Services Finance Corp.

6-18

7-15

8-13

$3

& Traders Life Insurance

preferred

Class

—

Courtaulds,

4%

6

$1.311/4

1

Co.—

preferred
preferred

Frocks,

(quar.)

preferred

62%c

(quar.)

Federal Insurance Co.

7-6

$1.75

$$1.25

preferred

Quarterly

7-15

2*

9-

9-

Ltd.

7-16

8-16

25C

(quar.)

preferred

$2.20

50c

2nd

•

(quar.)

preferred

Genessee

7-13

Heating Products,

Federal Paper Boaid Co., Inc., com.

8-

2

(s-a)

6-30

8-16

George Putnam Fund of Boston—

25c

preferred

Federal Grain,

8-

6-30

15c

"A" (quar.)
"A" (quar.)
Estabrooks (T. H.) Co., Ltd.—
4.16%
preferred (quar.)
Exeter & Hampton Electric (quar.)
Fairbanks Co., 6%
preferred (quar.)
Falstaff Brewing Corp. (quar.)

4

30c

7-30

62 %c

7-12

17%c

$40c

7-31

Fashion

7-15

$17%c

6-28

8-31

Farmers

3iy4c

6-28

7-15

15c

5%

7-20

$$1.20

6-24

7-15

$10c

5%

Inc.—

—

Transportation

I-* 0

93%c

7-15

6-30

2

$$1.25

quar.)

preferred (quar.)
—General Telephone Co. of Ky., 5.20% (quar.)
General Telephone Co. of the Southwest—

(quar.)„_

&

Erie Railroad

3

8-

9-

23c

Indus.,

8emi-annual
Continental

1

8-20

75c

5%

2

8-

General Telephone Co. of Indiana—

6-30

5%

3

issue called
at $105 per

share

Continental

10-

9-

Co.—

preferred

$4.25

1

$1

preferred (quar.)

Continental

10-

$1.13

(quar.)
(quar.)

Container Corp. of America, com.
4%

10-

7-15

5c

Enamel

9-15

15c

55c

53 %C

—

pfd.

partic.

Co.,

preferred
preferred

4.52%

1

(quar.)_

(quar.)_———

(quar.)

Royalties. Inc.,

Consumers

7-15

2

Equity Corp., common (annual)
$2 convertible preferred (quar.)
Erie Forge & Steel Corp., common (quar.)__
6% let preferred (quar.)

6-11

Consolidated Retail Stores—
Consol.

2

8-

CorpZZZ

(quar.)__

Mfg. Co. (quar.)
Emporium Capwell Co., 7%

7-15

$37 %c

—

8-

(reduced

(quar.)
Telephone Co. (Calif.)—

25c

(quar.)

Abrasives

&

Emhart

6-18

62 %c

(quar.)--

ZZZ
ZZZZ

Extra

6-18

$20c

Consolidated Natural Gas Co.

$10c

8-

$1.50
37»/2C

Wares, Ltd.—

preferred

4%%

15c

Ely & Walker Dry Goods, common (quar )
7% 1st preferred (s-a)
_Z
ZZZZ
6%
2nd preferred
(s-a)
Emerson Radio & Phonograph Corp. (quar.)

,

Consolidated Metal Products

Refractories

5% preferred (quar.)
Elgin National Watch Co.

6-30

*•9-

30c

7-30

50c

Steamship Line, Inc. (quar.)
Utilities Association (quar.)
Electric
(quar.)

Sault

Electro

9

-8-

25c

—

—

8-25

5%

ZZZZZ
ZZZZ

(quar.)

Products, common (quar.)
4%%
preferred (quar.)
Elastic Stop-Nut Corp. of Amer.

11-30

50c

Corp.

Inc

dividend

convertible preferred

Eastern

9

Y.—

$1.25

Consolidated

2

$10C

5%

10c

(quar.)

common

Ekco

(quar.)

Consolidated

Industries Inc.,

Eastern

7-15
8-

8-13

3iy4c

(quar.)

pfd.

5%

6

2

Pittsburgh

of

East

6

8-20

9-17

1

10c

Duriron Company,

Ltd.
—■—

——

—

Consolidated Edison Co. of N.
$5

pfd.~~(quarZ)Z~~Z

4.80%

Ltd.,

6

;<$-

9-30

9-

(quar.)

com.

Special

2%

6

.

25c

Common

Corp.,

12%

_Z
(final)

7-

7-

General Steel

Utilities

15C

77-

8-17

Public

15C

(quar.)

1

20c

(quar.)

Corp. (quar.)
Yellowknife Mines,

Common

ZZZZ

(quar.)

"

Stock

Dearborn

Discovery

preferred

1

1

8-31

20c

8-

1

7-16

40c

(quar.)_

(quar.)

8-

62 %c

Consol.

Supply Co.
common

Co.

37 %C

Coppermines Corp.

Consolidated

&

Brewing

10c

(quar.)

(quar.)

Consolidated

ZZZZ

(quar.)

Metals

Bradstreet,

Duquesne

8-

7-30

87%C

6

rB-

25c

Co.

(quar.)

7-

Consolidated Chemical Industries—
Class

I.)

1

55C

preferred (quar.)
Connohio, Inc., 40c preferred

6-30

—-

6-30

$i.37ya

(quar.)

preferred

Goodall-Sanford, Inc., 4%

8-

51c

(quar.)

$2.20

7-30

$$1.75

ZZ
Z
Z-ZZ

(quar.)

50c

•

$6

2

22 '/2C

8-

General

6-30

8-

$10c

9-13

8-16

General

-

$1

5c

9-20

2

7-15

pref. for each shr. held)

Service Corp.—

20c

4%%

47 %c

pfd. (quar.)

(quar.)—————

2nd

non-cum.

$4 convertible preferred (quar.)
$5.50 preferred
(quar.)
il-

Ltd

51 %C

(quar.)—

preferred

Co.,

Bonus

12-10

'

8- 2

(One shr. of 3%

$25c

Dunlop Rubber Co., Ltd.

^Toronto)—
12-15

:

7- 6

8-16

Ltd.—

$$1

(quar.)

Duncan Coffee, class A
Class A (quar.)

7-29

9-15

&

4% %

6-29

8-15

t38c

preferred

$2.04

2

8-

6-30

7-20

Ltd. (quar.)_

(quar.)
de Nemours &

preferred

8-

8-16

$15c

(quar.)

Association

Connecticut Light & Power, $2.06

$1.90

$4.50

7-15

He

7-15

20c

Corp., Ltd. (quar.)ZZ
(increased quar.)

fcommon

preferred

'8-16

$1,371%

—

Quarterly
Quarterly

$2

A

(E.

60c

$37c

Confederation

preferred

Pont

$5c

—r

pfd.

5J/2%

Gas,

7-15

$$1.12%

(quar.)
Co.,

$1.50

(quar.)

common

Fund

Concord

preferred

$3.50

(quar.)

1

2

Mfg.,

(stock div.)

$2

ZZZZZZZ

Chemical

du

Both

Concord

ZZZZZZ
(reduced)ZZ

(quar.)

$4

1

Products

$37 %c

ZZZZZZ"

(quar.)

Drexel Furniture

issues convertible into com. to July 22.
Commonwealth International Corp., Ltd

General

$17%c

(quar.)

Chemical

&

preference

7%

6-23

$1.40 conv. pfd. (entire issue called for re¬

demption at $32.50 per shr. plus this div.)

9

8-

-8-2

$1.50

$10c

Coal

Dow

demption at $32 per shr. plus this div.)

7-

Dominion Textile Co., Ltd.—

re¬

7- «

preferred

25c

tquar.)

Common

—

pfd. (entire issue called for

Tar

Common

com¬

7- 9

2

$1.25
933/4C

(quar.)

7-19

$62 %c

Dominion Square Corp.,

1

2

7

7-7

8-

'

(quar.)

Dominion Stores, Ltd.

held

(quar.)

conv.

preferred

Dominion Steel &

,8-3

8-

7-

$$1.25

(quar.)
Bridge Co. Ltd.

9-17

75c

7- 9
7- 2

62^20

8-15

Investment

7-15

25c

3

General Public

ZZZZZZZZZZZ~ZZ
CorpZ,~LtdZ

Anglo

6-29

8-1

Illinois

Northern

each 25 shares

&

7-15

2

11-10

8-

8-15

8-

11-10

7-31

(reduced)

25C

2c

11-24
11-24

$3.75

$37%C

(quar.)

6-25

25c

$1

Class A & B

income

2

12y2c

Corp.

(quar.)
General Outdoor Advertising—
6% preferred (quar.)

*

8-

87%c

Instrument

10c

Z
Ltd.—Z

,

(s-a)
4% preferred series C (s-a)
General Foods Corp., $3.50 preferred (quar.)

25c

Co.,

40c

preferred A

9

(monthly)

Fields

Oil

10-11

8-

5%

Inc.—

$5

37 %C

Enterprises, Ltd., 5% pfd. (quar.)
Combined Locks Paper Co., class A (quar.)
Combustion Engineering Inc. (quar.)
Commonwealth Edison Co., com.
(stk. div.)

1

9

Investment

$$1.25

(s-a).

Combined

7-

7-

preferred

5%

2

(Initial)

com.

7-

preferred (quar.)
Dominion Oilcloth & Linoleum, Ltd. (quarZj"
Dominion-Scottish Investments, Ltd.—

1

8-

*

Corp.—

2

D(lI^inion Glass Co., Ltd., common (quar.)

7

preferred

6-30

General Finance

2

7%

preferred

7-19

new

8-14

8-

Dominion Foundries & Steel, Ltd.
4 V2 %
preferred (quar.)

7-15

2

10c

General Electric,

1

8-

Dominion Fabrics, Ltd,, common
2nd convertible preferred
(quar.)

8-

Oil

Crude

3

9-

50c

7-10

17c

9-17

37 %c

Monthly

7-15

1

General Mills, Inc. (quar.)
General Motors Corp., $5 pfd.

■

6-25

10-

7-12

(quar.)Z_Z_Z

7-15

2

7-15

$2

2

(quar.)"-™"!

8-12
8-

7-15

8-

common

50c

2

25c

Dominion

7-15

General

1

7-21
7-21

8-

General

7-20

2

12-10
12-

7-

2

15c

7-19

30c

7-31"

12-20

8-

60c

Co., common(quar.)

preferred

12-15

7-15

7-15

$1

7-12

Dominion

8-

$8

Baking

7-15

7-30

$10C

7-12

7-15

5

9-10

(quar.)—

common

2

Monthly

5%

9-20

Co.,

preferred (quar.)
Bakeries, Ltd. (s-a)

2

8-

1st

for

General

Gardner-Denver

3

9

1st

share

4%

9

8-

9

non-cumulative

mon

9

8-

3

8-

7-

non-cumulative

One

8-

3

8-

7-

15%

Insurance

9

3

9-

•

50c

7-31

50c

—

Life

8-

9-

—

;

7-30

35c

(annual)

(quar.)

25c

7-31

4%

Mutual

9-

Co.

Extra

25c

Co.,

Shares,

Dominguez

7-12

4%

Columbus

6

90c

Dodge & Cox Fund, Beneficial shares.ZZ
Dodge Manufacturing Corp., (quar.)
Dome Mines, Ltd.
(quar.)

Southern Ry.—

Columbia

8

7-

Holdert

Payable of Ree.

20c
30c

—

2nd pfd.

50c

7-22

$20c

common

Inc

7-

2

4

55c

6%

~

50c

dividend

Colonial

2

8-

50c

Co.

25c

preferred B (quar.)

Radio

8-

& Co.,

(quar.)

Co. (quar.)_Z_ZZZZI
(quar.)

Mfg.

Construction

net

(D. B.)

40c

30c

(N-Y.)—
Coca-Cola Bottling Co. (St. Louis)—.
Coghlin (B. J.) Co., Ltd. (quar.)

Gamewell

$2.20

$1.25

(quar.)

25c

Coca-Cola Bottling Co.

Collins

10-

Steel

From

7-20

T—

Cleveland Electric Illuminating Co.

Fuller

General

(s-a)
(quar.)-_

$1.50 convertible class A pref.

Chicago & St. Louis—

preferred (quar.)

9

7-

7-19

When

Share

Corp., common
preferred (quar.)

7-26
2

Company

Froedtert

8-

$1.25

(quar.)

Match

Dividend

1

$1.25

5%

Per

Name of

9

$2

pfd.

$1.50 preferred (quar.)
Di Giorgio Fruit Corp., class A
Class B (quar.)
Di-Noc Co.
(quar.)

7-23

20c

2%

(s-a)

B

Diamond

$1.75

preferred (quar.)
City Investing Co., common (s-a)——-—Clary Multiplier Corp., com. (stock div.)
City Baking Co., 7%

Cleveland,

7-

30c

ZZ

Raynolds, class A (quar.)

Class

7-20

9-

Devoe &

:.-r.

4%

preferred

5%

8

10-

Cinn. Inter-Terminal R. R. Co.—

'; 5 %

5%

7-15

$1

—-

—

7-26

30c

Z—

convertible preferred (quar.)
convertible preferred (quar.)

7-

$1.25

(quar.)

preferred

1

2

25c

(resumed)—
com.

Holdert

Payable ofReo.

250

20c

(quar.)__—

Co.,

(197)

35c

common

Power &

25c

———

Gas

'

50c

50c

(quar.)—

Chickasha Cotton Oil Co„ com.
Common

)

*

Denver & Rio Grande Western RR.—
8-

50C

—

Chicago Molded Products Corp.

Cincinnati

Co.,

When

''

30c

Co.

50c

(quar.)

Class A (quar.)
Class A (quar.)_
Chicago Mill & Lumber Co.

.,

&

25c

(quar.)

Co., common

Light Co.-(quar.)
Dennison Mfg. Co., com. "A" (quar.)__
Voting com.
(quar.)
8 %
deb. stock (quar.)

income tax purposes
'

Share

(quar.)
(quar.)

A

class

$2
De

t

4

Name of Company

The quarterly payment of 50c on the class
A stock payable July
15 to holders of
J.

*

Holdert

Payable of Ree>

RR.

Illinois

Eastern

■

7-15

7-

60c

8-

5

8- 2

93 %c

7-15

6-30

1

$1

7-15

6-30

$1.10

7-15

6-30

"

common

(quar.)—

I

46

The Commercial and Financial Chronicle

(198)

t

Name

\

.

Share

Hudson

Class

B

5.40%
Hut tig

_____

—

preferred

preferred

Illinois

Brick

Brick

Co

J40c

7-15

9-17

$1.25

12-30

12-17

Co.

4.03%

3'/2%

2

6-30

2

7-16

15c

8-

2

7-16

8-

2

7-16

Special

1

8-

4

Special
Special

8-

-

2

<quar.)__

.

dep. receipts ord.

(stock

Co.

/Imperial Tobacco (Canada), 4%

7-

7-23

100%

10-

$37(4c

'

$25c

1

:

2

C

realized

Machines
Co.,

7-

2

Nickel

7%

preferred

of

Utilities'

preferred

6-15

8-19

50c

7-15

6-15

$1

7-15

6-30

10c

7-15

6-25

—

Corp.

Investment

Corp.,

Ltd.,

Service

Co.,

preferred

11-

1

8-

2

62 Vac
35c

$75c

10-15

(s-a)

——

Manhattan

6-15

9-15

Mansfield

6-24

Manufacturers Trust

2

Manischewitz

6-30

1

7-15

$1.09

8-

1

New

4.60%

(J.

lack

&

4%

&c

7-15

Mar-Tex

1

8-16

Marine

8-16

97 Vac

9-

1

8-16

Marion

SI.05

9-

1

8-16

Maritime Tel & Tel

Inc.,

preferred

(initial

quar.)

57VaC

Jacobs

(F.

Jefferson

L.)

Electric

Jersey Central
4%

Tea

preferred

Co.

Power

preferred

Jewel

5%

Co.,

(accum.)_

8-

1

3%%

10-

1

7-30

8-

10c

pfd. C

(quar.)

8-

1

7-

93 %C

8-

2

$1

Quarterly
Johnson Testers, Inc.
(quar.)
Joplin Water Works Co., 6% pfd. (quar.)__
Jaslyn Mfg. & Supply, com. (quar.)
4 (4 %
preferred (s-a) —————___

8-

1

11-

1

2

preferred

Kansas

4%

City

Southern

non-cum.

pfd.

Maxson

1

$3.40

6-

1

McArthur

8-13
8-13

Ry.—
7-15

6-30

common

7-12

6-21

30c

7-20

8-

;

Series

B-3

(low-priced

from -met

from

Series

investment

net

from

9c

;

special

net

of

fund)

Income

realized gains)
(low-priced com.

B-4

,

bond

from

net

(Walter) &
Stock
dividend

Co,

Kirig-Seeley Corp.

1st

7%

pfd.

7,%

8-

2

6-21

100%

8-

3

81

8-

2

7-

common

(quar.)______

50c

(quar.)

15C

preferred

(quar.)—
preferred (quar.)
Electric, 5Va%
preferred
Kuppenheimer -(B.) Co. -(s-a)

8-25

8-

Locks,,

Salle

Inc.

Quarterly-'

$1.75

811-

8-

7-15
10-11

9-24

"

Lambert

A

Inc.,

B

Class

Class

B

Lamson

$2.50

&

Sessions

Machine

A

(quar.)

7-21

10-31

Inc.,

Common

R"bb»r

&

I^sgare

Co.,

&

Ltd.,

6%

Corp

Salt

Bros.,

7%

preferred A
preferred

Morgan

(Henry)

;

5

Mount

6-30

Diablo

Extra
'

3.85%

9-

2

7-15

Mutual

6

7-17

Mutual

System,

8-

2

7-15

6%

preferred

preferred

t$2

8-

2

7-12

7-20

96 (4 c

(accum.)

(quar.)

$1.80.

—

(quar.)

30c

£

,

■ t

-

.

>

t

2

8-

40c"

7-

2

9-15

9

7-14

7-15

$1.12(4

Ltd.__

8-

7-

1

n^c

.

1*..

"!

*'




ri

*

4

t

•

7-pi^,
t

i

.J

Fund

4.64%
Nathan

7-15

7-15

8-

2

6-30

2

7-16

9-15

8-

8-14

12-15

11-19

$5c

,7-30

7-15

7-15
9-

7-

1

1

8-26

9-

1

8-10

7-27

7-

6

8-

1

7-12

8-

1

7-12
6-

T

10-

1,

9-

3

10-

1

9-

3

t$1.75

10-

1

9-

3

t$1.75

10-

1

9-

3

t25c

....

7-15

$183/4c

9-

1

7-31

12 Vac

8-

6

7-16

97 VaC

*

8-

1

7-15

..

com.

i
i (quar.) :

$1

Airlines,
Biscuit

Common

8-16

7%

2

7-12

7-10
7-

1

5c

common

2

8-16

8-

2

7-17

7-12

8-

2c

Inc.

Co.,

8-10
8-10

7-31

7-

$1.65

7-15

6-30

6-30

6-23

7-15

6-30

'

37V2c

7-15

6-30

(quar.)_

56V4c

8-

2

58C

8-

2

:

pfd.

Inc.

(stock

5%

div.)

North

American

North

Carolina

Northern

Empire Mines

$2.45

"ill-

__________

Ry.

Co.

Co.

(quar.)—

2

:

6-22

2

7-20

Northern

UlinoiS'iGas

(liquidating)

preferred

(quar.)

Pacific

Ry.

$4.10

preferred

4%%

Oliver

Corp.,
United

7-

3

7%

pfd.

(quar.)__

7-15

6-30

7-15

6-30

7-15

6-30

10-

1

9-21

9-

J

7-30

50c

61 (4c

8-16

7-30

59%c

8-16

7-30

20c

7-15

4% pfd. (quar.)

pfd.

conv.

$4.50

6%

preferred

Pantex

Mfg.

8-16
9-10

8-21r

8-

2

7-

$1.25

8-

2

7-21

Oil

Corp.,

7-

7-15

7-

1

$1

7-15

7-

1
1

7-15

7-

55c

(quar.)—

7-15

6-28

7-15

6-18

$1.12(4

7-15

6-18

$1.10

7-15

6-18

7-15

6-30

Co.—
$1.50

com.

(stock

com.

(quar.)

9-

7-26

(quar.)

dividend)

1

preferred

Traffic

10-

1

9-10

8-15

7-26

*—

Co.*

Cola

Permanente

7-26
7-15

4.24%

Cement

8-

$$1.50
15c

Gear

&

Co.

7-26

8-15

10-

$1.25

pfd.

2

7-26

35c

10-

(quar.)

com.

1

7-

5

7-10
9-10

1

9-10

$1.06

9-

1

8-13

$1.06(4

8-

2

7-15

(quar.)

Co.

7-15

6-21

25c

8-

2

7-12

50c

8-

2

7-20

40c

7-30

7-16

$1.50

__*_——

Machine

6

8-16

(s-a)

4.25%

Perkins

8-15

33c

7-

t75c

(quar.)

Power,

9-15

12-15

2

32(4c

(quar.)

common

Co.

1

8-

45c

(quar.)

(quar.)—

Penn

10-

35c

(quar.)

preferred

7-30

1-2-55

2'4c

25c

$1.30

9

9-17

8-13

7(4c

—

8-13
7-

1

10-

5%

2(4c

common

$1.32

preferred

1

loc
25c

Co.,
(quar.)

Ltd.,

6

$1.183/4

$1.12(4

(quar.)

pfd.

4%?* pfd.

Telephone

Penman's,

2

7-26

30c

(quar.)

Co.,

7-15

25c

(quar.)

Telegraph
(quar.)

preferred

7-15

8-16

5% convertible preferred (quar.)
,
5% convertible preferred (quar.)
Parke, Davis & Co
Peninsular

7-14

25c

(quar.)—

Corp.,

Chemical

7-14

1

Inc.—

Co.

&

Co.

1

t25c

—_______

1

preferred

Electric

Western

7-15

88-

$$1.75

(quar.)

com.

(quar.)_

Aggregates,

preferred

7-16
9-15

50c

(quar.)__

A

Z

Packard-Bell

7-31

$1.12(4

(quar.)—

6-30
I

62V2c

Co.

Telephone

9-30

7-30

25c

convertible

$4.40

8-

10c

(quar.)

class

Inc.,

Lighting Corp., $4.75
preferred (quar.)

Pacific

2

50c

preferred

Fiberglass Corp
Oxford Paper Co. (increased quar.)—
Pabco Products, Inc., 4%
preferred (quar.)

Pacific

9

6-30
6-30

t$1.75 '

Co.—

&

7-

3

7-20
7-15

(quar.)

Filters

Coast

8-

8-16

40c

Pottery

Gas

6-30

$1.20

Owens-Corning

4(4%

7-25

' 30c

Co.

Pacific

7-22

$1.02

Steel
Products, Ltd.,
preferred (quar.)___

Pacific

2

20c

common—

B

4(4%

Elevator

6-22

90c

(quar.)

(quar.)

Onondaga
Outlet

3

7-14
8-

75c

Ontario

7%

7-

(quar.)

Corp.,

B

1

7-14

$37c

:—

Gas & Electric Co.,

Oliver
Class

8-

<quar.)_—

preferred A
Co.

9-22

Portland Cement (quar.)

preferred

Town

1

$1.02(4

Ltd.,

Co.,

4.92%

Oklahoma

11-

32(4c

(quar,).

Gas

9

20c

$1.2£

com.

(quar.)_

States

6-30
7-

/

(quar.);

preferred

Natural

6-30

6-22

$1.06(4

(Minn.)

preferred

Okla

7-12
7-21

1

(quar.)

$4.08

Ogilvie Flour Mills,

2

1

7-15

7-23

(quar.).—__________

$4.80

Northwestern

88-

8-

—-—-

Telephone Co. (quar.)__
Quebec Power Co.. Ltd., com
States Power

7-15

15c

Ohio

preferred

1

8-12

8-10

7-30

(quar.)-

$3.60

9-

9-15

9-10

20c

——

—

preferred

Northern

7-16

Pato

(quar.)

Northern

7-14

2

—

of

common

preferred

Northern

1

2

8-

$1.12

Co.,

4(4%
Northern

9-

8-

$2

Common

5%

8-

9-14

$3.50

(s-a)__,

(s-a)

cash,, plus l/20th share
Consolidated'fj Gold Dredging
Northern Engineering Works

(quar.)

(increased

quar.)__

Philadelphia Dairy Products Co.
$4.50

1st

preferred

(quar.)

$1.12(4

$4.50

1st

preferred

(quar.)

$1.12(4

$4

2nd

preferred

(quar.)*
$4 2nd preferred
(quar)
Philadelphia Electric Co., 4.68%
preferred

preferred
preferred

participating
Morris

preferred

Trenton

& Co.,

7-

8-

1

7-

95c

8-

1

7-

9

$1.10

8-

1

7-

9

7-29

7-

8

30c

■"

(resumed)

RR.

Ltd.,

(resumed)—

5%

Corp.,

preferred

Piedmont

Northern

&

Pillsbury Mills. Inc.,
Pioneer

Finance

7-29

7-

7-12

7-

1

2

7-

6

8-

1

7-15

97(4c

Pioneer

Gold

Co.—

Ry.

8-

1

7-15

/

6-15

20c

8-

2

7-28

$1.25

.

7-15

8-

2

7-28

British

of

7-

6

7-15

7-

1

7-15

7- 5

$1

(quar.)

(quar.)—

Mines

7-20

$1
4c

(quar.)——__——

pfd.

8

25c

11

$4

9

8-

$2.50

(quar.)

common

(quar.)

9

75c
$1

30c

(quar.)

com.

Long Distance Telephone
In Philippine currency

Phillips-Jones

12-10

1

preferred (quar.)
3.90% preferred (quar.)———
Payable

9-10

1-2-55
8-

4%

Philippine

1

:————_

(quar.)—
Phila. Transportation Co., com.

Philip

9-10
12-10

10-

$1
(quar.)

(quar.)

$1

10-

$1.17
$1.07(4

pfd.

(quar.)___,

3.80%
4.40%

1

1-2-55

$1

—_—

4.30%

9

7-15
.

8-15

7-15
7-15

Piper

Columbia,

(interim)

Aircraft

Cinn.,

Pitts.,

$ 1214c

Corp.,

7-31

6-30

ll(4c

7-15

7-

1

$2.50

(quar.)_________

;*

7-20

7-

9

7-15

6-21

$1.50

Pittsfield
Pittston

5(4%
Plastic

Coal

Co.,

preferred
Wire

Emoloyees'
Portable
Portland

Gas

4.70%
6%

»

•;

.

■

non-cum.

Oil,
E.)

10-15

9-14

Preston

8-31

8-10

Price

7-15

6-25

B

partic.

Pratt-Hewitt
Prentice

(G.
East

Bros.

Procter

&

&

Co.,

65c

7-20

com.

7-15

7-

5

7-15

7-

5

7-15

6-30

8-

1

7-12

8-

1

7-12

7-15

6-18

$1.17(4

(quar.)—
—

$$1.50
$75c
15c

pfd.

$4c

(s-a)_

(quar.)—

.

7-15

1

!

<•

)•

6-18

11-15

2c

——

(quar.)

Ltd., com—

Gamble, 8%

90c

:

Ltd.

6-30

$1.25
25c

(quar.)

(quar.)

Mines,

6-30

1

8-

17(4c
25c

*——

(initial)—

preferred

preferred

6-30

7-20

c

(quar.)—

*_

new

common—

Mfg.

Dome

7-12
6-30

—

com.

7-12

7-20

(quar.)

Corp. of Canada Ltd.
1st
preferred
(quar.)

7-

6-30

7-26

7-15

common

Elec.,

Co., 3.60%

6-11

:75c

Inc.,

8-

15c

(<iwr.>—

Tools

preferred

7-12

7-15

$1.37(4

—

common

(quar.)

General

Potomac Edison

Power

Co.,

Light,

preferred

Portland

2

$1

35c

(quar.)

Corp.

.

25c

(quar.)—

(quar.)—

stock

Electric

RR.

(quar.)—:

Cable

&

Cordage

Plymouth

$5

Gas

&

common

$1.75
.

(quar.)—

P-'ttsburgh & Lake Erie R. R. Co. (quar.)—
Pittsburgh Plate Glass Co. "(quar.)——___

7-15

;;

pfd.

St. Louis

(s-a)

7-15

6

4(4%

Chicago

50c

(quar.)

.

6-30)
7-

2

7-15

75c
25c
30c

(quar.)—

com.

in

15c

y

Co.

8-

30c
99%c
20c

(quar.)

guaranteed

7%

Central

50c

cpmmon

7-15

_______

Refractories

RR.,

Northern

6%

(quar.)

j

*

8-31
8-31

120c

6c

'.

4(4%

t

Vh'--i'

1

8-

7-15

15c

(quar.)

(qijiar.)

f

7-12

37 Vac

prefer^^d (quar.)_l____———_
:

7-15

2

56V4c

common

National Cash Register

••

1

8-

63c

Straus-Duparquet,

!

8-

.5c

'

(quar.)

Co.,

7-30

.

6c

(quar.)

preferred

(quar.)

& Western Ry. Co.,
adj. preferred (quar.)

4%

Ltd.
...

(quar.)

Inc.,

National

7-20

6-30

2

2

50c

(quar.)

(Boston.)

National

i
I

8-

8-

40c

:_

Co.,

Narragansett Electric,

t

t

9

5c

(quar.)

■

f. ■< I

7-15

lc

30c

Zquar.jZZZ

pfd.

9-20

2

$75c

____!

8-

3

7-

1

20c s

Mount' Roysl Rice Mills, Ltd.
(quar.)_
Mountain States Tel. & Tel. Co.

8-

8-

1

8-

25c

(quar.)

Co.

75c

1

8-

10-

96 V4C

Advertising Service

preferred

Corp.

pfd.

Pepsi

—

-(quar.)

Inc.. (quar.)
Clemens Metal Products

6%

334%

Co.,

7-20

15c

8-15

t

—.—.

7-

$1.50

60c

5c

(quar.)

7-31

$1.05

.

t20c

_

(quar.)

(quar.)
(quar.),:

Picture

(J. J.)

Co.

7-28

preferred

4%

W'ire Cloth

$1.06 V4
33 (4 %

2

.7-30,

$1

preferred (qukr.)
Peoples Gas, Light & Coke (quar.)

50c

8-15

—

Pennsylvania

5

1

37(4c

(quar.)

7-

.

.

3.90%

7-15

6-30

7-22

2

"

11-

7-15

6-15
6-15

preferred Jquar.)

&

Co.

6-30

(quar.)_

Ltd--(quar.)
Morrell
(John): & Co.
(quar.)_J
Morris (Philip) & Co., Ltd.—.

11-15
2

2

2

6-15
7-

15c

(initial)

8-17

(quar.)

;

Merchandise

1

Motorola,

8-

888-

7-30

2

2

Shipbuilding Corp.—

common

Niagara Share

$1

1

7-15

____________4______—25c

7-15

(quar.)

7%

5

7-15

(quar.) __l__

pfd.

common

:

B

quar.)

Norfolk

Park

6-30

Association—

7-15

(quar.)

(quar.)

common

I

9-17

45c

n

Co.

Ltd..

redeemable

8-

45c

!

Corp., com. (quar.)
preferred (quar.)
1 " |

Lewis

Corp.;

■

4%

Mount

turner Stores

Leslie

Moore

20c

Lthigh Valley R. R. Co.
Lehman

Montgomery Ward & Co.,

8-15

56 (4 c

6-21

$1.50

{

8-27

1

7-20

9-

(quar.)

Motion

9-10

10^

2
2

10c

(quar.)

;

Hi

Sons,

C

preferred
Morris Plan Corp. of America,
$2.25 preferred A (quar.)_i

Co

(James)

series

;

25c

preferred ' (quar.)_
Bakeries, Inc.—

(quar.)

preferred

<

York

Otis

7-

7-15
8-

(quar.)—

Electric

York

Newberry

Old

7-15

t5c

Ltd.

&

York

New
New

7-12

8-

Mines, Ltd

Gas

Philadelphia &

12-15

35c

8-

34%c

12-31

ZZZZZ

4V2%

Tire. Corp.

A

I

25c

(quar.)
I*ura Secord Candy Shops, Inc.

class

9-15

t

3

Co

Power Co., com.
preferred (quar.)

$4.20
$6

England

New

3

2

8-

35c
$37 (4c

—

15c

(quar.)

preference

Brunswick Tel.

New

9-

12- 3

25c

I

>

(quar.)___—

Pennsylvania Glass Sand Corp.,
5%
preferred (quar.)

Ltd

12-15

62'/2c

8-

8-

$1.25

,' U5c

..

.

1

$1.09

9-30

(quar.)—

(quar.)

9-15

$6

12-31

Co.,^com." (quar.)"_———

preferred

Leece-Neville

9-30

1

6-30

9-

$75c

Society,

Chemical

preferred

common

1

15c

(quar.)__

(quar.)

common

6c

tl5c

(quar.)

United

12.-24

7-20

7-15

(quar.)———_—

Montana

10-21

tl5c '

Z*___ZZZ
_Z__ZZZ

11

Bryant,

4/2%

7-

7-31

tl5c

_

^

_1_

Co.

Quarterly

*1.80

class
:

(quar.)_„

Langendorf

'Lees

7-15

99c

(quar.)

preferred

Lartdfs

Lee

1- 10-55

29c

!___

< ouar.J_

(Alfred),
(quar.)

Class

Line

10c
35c

i
1

.

RR.—

Mines,

preferred

$3.85

6-30

10c

(quar.)___

preferred

5(4%

Monsanto

7-23

50c

9

'

7-26

_

(quarZjT

Loan

7-

'

10-15

8-

(quar.)____Z

*"""

Monroe

2

7-15

:

Porcupine

8-

2

—

Co.

Light,

Ltd.

Moneta

;

7-10

2

(accum.)

(Robert),
Quarterly

7-15

$1.75

Lake Superior & Ishpeming RR. Co.
Lqkeside Laboratories, $1.16 "pfd.
*1.16

9

preferred A

7-25

8-

(quar.)_

Mitchell

9-15

25c

(quar.)l
University

Extension

1

13%C

(quar.)

-

8-14

9-

10-

.

Kwikset

6-30

45c

2nd

ta

7-31

9

$1.50

(quar.)__
(quar.)

Kuhlman

7%

7-29

(quar.)__—

preferred

2nd

6-30

50Pj

(quar.)!—
1

Blnudsen Creamery Co., 60c
preferred

6%

7-15

7-15

8-

preferred (quar.)_

4%

Missouri-Kansas-Texas
50c

1

$1.10

(quar.)_

Paper

&

8-13

8-

8-13

$1.22 Va

(quar.)

A

Co.,

New Dickenson

6%

Mississippi Shipping (quar.)
Mississippi :Valley Barge Lines Co..-(quar.)„

a

gains)

•— *

Kimberly-Clark Corp., 4%

Power

1

20c

(monthly)

preferred

1

9-

10c

Miller

4.36%

9-

15c

& Rhoads, 4(4%
preferred (quar.)—_
Minneapolis & St. Louis Ry. Co. (stock div.)

"

Ki(Jde

Kroger Co.,

and

realized

8-13

(increased quar.)

Minnesota

Mississippi

6-29

60C

9

6-30

7-12

5

25c

2

7-15

11-

8-13

50c

2

,

1

1

$$1

8-

55c

1

9

9-

V

8-

10c

12-

7.

2c

Co.

Meter

New

6-30

7-15

10-

30c

Neptune
New

8-23
10-20

Products

Co.

$2.40

2

1-2-55

$1.50

preferred (quar.)—
Steel Car, Ltd.
(quar,)___;

Natomas

Pacific

Ltd.—

com.

Ontario

7-15

2

30C

Co.,

Mississippi Glass Co.,

9-15

$25c

7-

&

8

1

;—

class

Co.,

2

7-

1

(quar.),

Abrasive

Mfg..

8-

9-

(s-a)

Laboratories

6

5

7-16

85c

Ltd

Co.,

8-

1

8-

933/4c

8-

fund)

investment" income

41c

Miles
Miller

45c

and

stock

Mid-West

2

1

7-22

8-

Ltd.—

Co.,

preferred

7-

9-

(quar.)—*

&

6-30

2

45c

8-10

1

6

93 %C

(quar.)—

preferred

9-

8%

8-10

75c

7-

7-26
8-

$1.06 Yt

$1

.____

1

6-18

2

50c

$1.25

i.

(s-a)

Keyes Fibre Co., $3 class A (quar.)
Keystone Custodian Funds-

8-

50c

(stock div.)

com.

(quar.)_

Chemical

4.90%

6-30

8-10

12-

7-15

5%

(quar.)———:

dividend

Forming Corp. (quar.)
Michigan Gas & Electric Co.
4.40%
preferred
(quar.)

7-10

7-15

37V2C

12-15

25c

Metal

31V4c

—

(quar.)_

6-30

7 Vac

Corp.- (quar.)—_i

4%

28c

9-15

preferred

preferred

Mead Johnson
50c

(quar.)—
(quar.).

6-30

7-15

$1.06 V4

4%
preferred (quar.)
Mclntyre Porcupine Mines, Ltd. (quar.)
McKee (Arthur G.)
& Co. (quar.)
McQuay-Norris Mfg. Co., common (quar.)

12-15

Extra

Co.

McColl-Frontenac Oil

common

7-15

23c

—

8-13

1

5%

(quar.)

8-13

10-

2

9

Corp.

1

1-3-55

7-

7-

$3

1

(quar.)

3

6-15

30c

(s-a)

9-

87 (4c

Co.,

Co.

9-

(nuar.)_—

8-

7-20

5 3 Vac

——_-_—_■

$1

87 V2C

Inc.,

&

$1.40
National

7-19

7-31
8-

t5c

(quar.)

9

10-30

$5c

6%

Co.,

Starch

Okonite

McCall

1

1

7-15

5c

7-16

1

7-

$30c

-

7-22

9-

9

$50c

(s-a)

$1

(quar.)

Stone

(quar.)

6-22

9-

7-

7-15

$1

7-15

$1.05

7-14

2

2 5c

$20c

$1.12 V2

8-16

7-31
8-

75c

(quar.)

preferred
McBryde Sugar,

(quar.)

preferred

8-25

56 V4C

(stock dividend)
Department Stores, com. (quar.)
preferred (quar.)——______—
$3.75 preferred (1947 series)
(quar.)

6-

preferred

$1.25

6-30

$$1.25

$3.75

2

preferred

Kentucky

6-30

(W. L.) Corp.

2

%

Kennedy's,

7-15
7-15

May

7-15

3 '/a %
-

55c

40c

Y.)

preferred

Quarterly cash
4(4%
preferred

8-

__

com.

7

(annual)-

Mathieson Chemical Corp.,

8-

(liquidating)

Kansas-Nebraska Natural Gas,
Kellogg Co.—

7

7-

Candy Co
Corp.*—.

Field

50c

(quar.)

7-

2

Macotta

$2.25

(quar.)—

preferred

Muller

5%

preferred (quar.)
4.20% preferred (quar.)

2

8-

(quar.)

Ltd., com.

R.

Chemical

convertible

1

4%

4.50%

Valley R.

Maul

City. Power & Light Co.

3.80%

8-

$1

13 %c

95c

Kalamazoo Stove & Furnace Co.
Kansas

8-31

$1.06(4

(quar.)

Co.

Co,

Co.,

National

12-25

25c

(quar.)

4(4%
v

6-21

7-

Publishing Co. of Ottawa, Ltd.—
Quarterly

9-15

7-15

7-15

Journal

7-15

$17 Vac

Maud

10-20

8-

$1.50

6-30

7-23

Ltd.—

preferred

4(4%

7-20

15c

___

7-15

6-21

7-31

5c

(quar.)

7-31

$1.50

preferred (quar.)—

Shovel

Lead

Co.

.

(semi-annual)—

convertible

Mathieson

9

5c

Royalty

6-30

7-15

7-19

_

Gas

&

Power

Marshall

(quar.)

2nd

7-15

50c

—

7-15

2

Oil

Massawippi

7-12

$1

pfd.

7-15

$20c

9-15

1

Light—

4%

7-15
10-15

1

(quar.)——.———-—
Massachusetts
Investors
Trust,
(quarterly
entirely paid out of divs. and interest)

7-15

(quar.)

Co.,

Johnson & Johnson,
Johnson Ranch

1

1

8-

(quar.)—

7%

6-16

62'/2C

(quar.)„
k

1,

50c

•

7-

7-

15c

common

7-15

25 c

(quar.)

8-

11-

Midland Corp.—

4'A%

7-16

Co.| (quar.)

Helntz,

62 Vac
62 (4 c

$31V4C'

75c

———

1

7-30

8-13

9c

(N.

Ltd.

Bonus

9-

13%C

6-30

9-10

Inc

Co.

Maple Leaf Gaidens,

9-

(quar.)

7-15

15c

t$1.25

pfd.

Co.

&

35c

pfd.

6-15

(s-a)

Co.,

preferred

Rubber

&

93 34c

(quar.)__.

preferred

B.)

tB.i

Tire

———

.

6-30
6-30

Corp

57<?

Fund,

6-30

IXE Circuit Breaker Co.

Ivey

Bond

7-15

8-

7-15

7-15

7 Vac

^

Garden

10-15

y8-

6-30

Gas

Northern Indiana Pub ic Service—

Steel

4,/2%

(P. R.),

30c

$1.05

10-22

7-15

—

<quar.)

Mailman Corp., Ltd.,

Mallory

(quar.j__

common

conv.

Square

6-24

17 '4 c

1

7-15

$25C

<quar.)

<quar.)

$75c

,

7-22

$1.25

—

preferred

Madison

1

31 (4 c

(R.

$75c

(quar.)

7-2

7-15

11-

preference

preferred

9-

9-15

2

Fuel

Nat'l Manufacturers & Stores Corp.
National Shares Corp. (quar.)

1

Publications—

participating
1st

55c

1

77-

45c

4%

10-13

9-15

2

1
5

$1.75

II.) & Co., 4'/4% pfd. A (quar.)
preferred B (quar.)
Mading Drug Stores, com. (increased quar.)

7-14

8-

1

8-

$1.75

(quar.)

•

5%

8-11

2

—

(quar.)

55c

1

8-

_____

common

(quar.)

preferred
Inc..

9-

9-

8-

(quar.)
com.

(quar.)

par)

Macklnnon Structural

6-11

35c

_

,

7-15

35c

_

(quar.)

lac

preferred

4.20%

6

8-9

8-

A

MacFaaden

6-15

35c

—

___

Foundation,

Pubxic

3.90%

7-

1

30c

preferred
(quar.)
preferred
1 quart
Holdings Ltd., 5% partlc. pfd. (quar.)
MacAndrews & Forbes, common
(quar.)
6%
preferred (quar.)
R

Macy

coinmon__„___

(quar.)

Mutual,

Ironrite,

2

7-15

25c

Iowa-Illinois Gas & Elec., $4.22 pfd.
$4.36 preferred
(quar.)—___
3.75%

8-

$60c

6%
convertible preference
(quar.)
6%
convertible preferred
(quar.)_
Investors Mortgage
(Bridgeport)
(quar.)_—

Iowa

5%

M

9-

8

25c

(Walter M.) Co., Ltd. (quar.)
Carrier System
(initial)

$1.50

__

(quar.)

<825

(Ky.)

Lyon Metal Products, common
7-15

7-

25C

(quar.;

preferred

Lynch

9-10

7-21

2

20c

5%

(quar. >

_

Gas & Electric

preferred

6-30

$1

2

8-

(quar.)

preferred

Lowney

$37 (4c

8-

38c

——

preferred

2nd

6-15

'
______

2nd

non-cumul.

7-15

62 (4 c.

9-21
12-22

SI

(quar.)

Inc

non-cumul.

Louisville

7-15

t$l 75

preferred (quar.)
"interstate Department Stores

Investors

1

5%

pfd. (quar.)
(resumed) ______
Canada, Ltd.—

$1.49

Intertype

7-

1

1

$1

(quar.)——

Fund,

5%

(quar.)_

——_

International
$1.40

8-

12c

Tgvternational Power Co., Ltd., com. (quar.)_
International Telephone & Telegraph Corp.—
Quarterly

Mutual

1

Baltimore Hotel—

i,ord

security

Milling Co., 4%

Mining Corp.

International!

Watch

7-15

10c

——.—----

(Mo.) (quar.)—
(quar.)——.—-

Island Lighting

Longines-Wittnauer

Corp,—

com.

International

(quar.)

7%

———————

International

preferred

Long

9-20

1

7-15

/ 30c

Co. of North America (quar.)—International. Bronze Powders, Ltd,—
6%
participating preferred (quar.)

Co,

7-15

1-2-55

$1

8% pfd. (quar.)
(quar.)————-'—

Pipe Co.,

Long-Bell Lumber Co.

8-25

9-10

27'4C

.

——-—

Harvester

Joint

Loomis-Sayles
_

Insurance

International

2-18

11V4C

—

7%

—

Business

11-18

3-10-55

10c

(quar.)—

com.

Candy Corp. (s-a)
Long-Bell Lumber (Md.) class A

V'9-2i
7-

2 '

8-

10-

$1.20

(quar.)

____—_

Quarterly

(quar.)

Loekwood-Dutchess

2

Fund—

from

Corp.,

Loft

security profits)—.
'
Institutional Income Fund, Inc. (9c from net/

International

8-18

12-10

50c

10-

37(4c

from

3c

9-10

50c

8-16

pfd. (quar.)

(initial)—.

and

50c

1

Quarterly of 9c from ordinary Income and

;

pfd. B

9-

(quar.—

Telephone, 4.30% preferred
Indianapolis Power & Light Co.—-

income

National

Preferred
8%

dividend)-

Indiana

profits)

2-18

7-

(Canada)

——————

Growth

$1.00 3-10-55

;

9-25

12-30

5c

(quar.)

(quar.)

7-15
7-

5c

Ltd., class A (quar.)

(quar.)
(quar.)

2
2

9-30

25c

(quar.)

(quar.)—

National Hosiery Mills,
Class A (quar.)

2

Imperial Chemical Industries, Ltd.—-

Corp.

National

Finance

Lock

Stores

8-16

2

9

Department

Electric Welding Machine

Quarterly

8-18

guaranteed
guaranteed
guaranteed

88-

2%

11-la

8-

7-

(quar.)

dividend

National
National

(quar.)

Y.)

(s-a)

9-10

8-

2

-.—______

*

15c
55c
10c

Mfg.

(N.

12-10

—

7-15

8-

21c

1

Stock

8c

$1.10

(quar.)—
Original (quar.)

10c

58%C

Institutional

9-

87 (4 c

4

10c

Local

9

(quar.)

common

8-16

9

preferred

New

8-

1

7-9

7-

4.70%

Products

1

9-

17-

9

Steel

8-31

9-

35c

2

7-

Indiana

9-11

60c

37VaC

(quar.)

com.

2
2

Quarterly —:

8-31

8-

8-

,

9-11

8-

55 >4c

Assurance

Company

51c

55c

(quar.)
(quar.)——■____,

Life

City Bank

National

53 (4c

(quar.)

common

preferred

Amer.

(quar.)

(quar.)

Corp.,

RR.

Miami

9-

5c

$3

National

10-24

(quar.)

Original

(s-a)

7-24

1

Payable of Ree,

Share

r

$1.10

Original

Little

:

Chemical

1

11-

50c

(quar.)——,.

preferred

88-

4.42%

lospcrial

Co.

Carbonic

15c

■■

R.—, /

Power/Co.,
preferred
preferred

preferred

Liquid

t25c

(quar.)„_—

non-cumulative preferred

4.26%

$1.50

Link-Belt

—„—i

Extra ;

Ilttntois

Lincoln Service Corp., common

6-15

9-30

"

National
8-

50c

—

Holder*

When

Per

Name of Company

(Fort Wayne)—

__

Monday, July 12, 1954

r

Holder*

Payable of Rec.

—

Quarterly

.

„

Share

j

50c

Quarterly
-

6-15

$1.25

—

Name of Company

Lincoln Nat'l Life Insur. Co.

6

" 7-15

(quar.)__^

lUinois Central B.
8%

7-

6-15

Co.

(quar.)_

Press

7-15
7-15

$10c

5%
preferred
(quar.)
—J.———
Hydro-Electric Securities Corp., pfd. B (s-a)

Hydraulic

,

8-13

9-13

10c

$20c

.—

(quar.)

Sash & Door

o%

—

Payable of Ree.

$$1

Bay Mining & Smelting, Ltd. (quar.)
Fund, Inc. (from investment income)
Hughes-Owens Co., Ltd. class A (quar.)——

Hudson

When

Per

Holder*

When

Per

•

of Company

..

10-30
1

7-15

7-

7-15

6-28

$1

8-

2

7-14

$2

7-15

6-25

;

Number 5341

180

Volume

.

.

The Commercial and Financial Chronicle

.

47**

(199)

Name

preferred

Service Co.

Public

Share

of Company

Prosperity Co., 5%

Colorado,

of

-

(quar.)

com.

7-15

7-

Quaker
6%*

40c

8-

2

Southwestern

(quar.)

$1.06 y4

9-

1

8-13

(quar.)

$1.05

9-

1

8-13

$1.12 y2

9-

1

8-13

preferred

(quar.)

Co.

Mining

J/4 %

j

50c

Southwestern

Public

Service,

2

(quar.)

com.

7-15

33c

9-

92y2c

8-

8-13

3.70%

preferred

6-22

3.90%

preferred

(quar.)

97V2c

8-

7-20

4.15%

preferred

(quar.)

$1.033/4

8-

7-20

8-25

7-15

4.25%

preferred

<*8-

7-20

preferred

(quar.)
(quar.)

$1.06 y*

4.40%

$1.10

8-

7-20

preferred

(quar.)

$1.15

8-

7-20

35c

tquar.)

93%iC

—

9

7-

2

9-13

9-

1

9-

1

8-

75c

(quar.)___

common

10-

37 Vic

1

4.60%

Special

Investments

2

7-20

Common

7-23

7-12

4'/2%

8-12

7-15

8-

10%
50c

.

&

—

Securities,

Inc.—

7-20

5c

preferred

8-

2

8-

2

(C.

*, ..Class
Reece

$2

A.),

class

&

Corp. of
(Canada)

Reitman's
'<

5%

preferred

Y.

N.

Welder

1st

"

Rich's

Inc.,

3%%

Gas

7-

Gas

Aircraft

Rolls-Royce,

5c

8-10

7-15 *'

-

10c

8- 6

8-

-

28c

8- 2

.V^d
;^' 15c

7-13

6-

8- 1

7-22

7-15

6-18

20c

8- 2

7~

5

56c

.

,

•' 7-24

7-

9

I

-

Common

4V2%

$1.183/4

—

(quar.),,

15c
$1.16

——

8

&

St.

Lawrence

St.

Louis-San

5%

;

Paper

5%

preferred

4.40%

preferred

•

&

7-1

8-3

7-1

2

7-9

8-14

(-30

8-

50c
70c

7-31
8-14
7-26

7-

20c
25c

7-15

6-30

7-15

6-30

Co

Savannah Electric & Power-—

'

7-10

U. S.

1

7-10

U.

S.

Shoe

8- 2

7-15

U.

S.

9-15

United

Corp.—
9-30

$1.25

12-31

12-

f

&

Class

Co.,

5%

Sweets
Swift

&

$1

7-15

6-3Q
7-6

A

8-20

Taylor

7-15

'

8-31
8-31

4.32%

8-20

(Ed)

&

L_,—.J

7-

8-

$20c

sy2%

pfd.

Co.,

8-2

2,

25c

com

i

8- 2

7-13

Valspar

Sciver

.

77-

Temco

1

7-15

Telautograph

8-27

9-15

Van

7-

8-

2

7-15

Vanadium

8-

2

7-20

Ventures,

7-15

5%

1

6-

2

6

Aircraft

preferred

Securities

Virginian

Selected

American

(From

Seton

Shares,

investment

8- 2

7-20

8- 1

7-16

Texas

Electric

Texas

Illinois

$1

8-1

Haute

Malleable

&

9-1
9- 1

8-13
8-13

Leather

1

8-13

10c

8- 2

6-10

12c

7-27

$1.07 V2
common

9-

Inc.—,

.

income)—,

Co

25c

$4.56

$4.84

$4

.

6-30

2

7-16

$2.40

8-25

7-15
9-2

Thermoid

(quar.)

$56y4c

10- 2

9-2

(quar.)

25c

8-2

7-2

10c

8-2

7-1

5%

preferred series B

8-2

7-1

8-

Sheraton
Stock

Foods

Inc.

Corp. of America (quar.)

dividend

+

Sherwin-Williams
'Common

Co.

of

(quar.)

Sibley Lindsay & Curr Co.

135c

8-2

8- 21'

7-13

7-28

Class

U5c

10- 1

8-31

115c

Dairies,

B

Ltd., class A

10-

1

8-31

(H.)

Sons

Slater

(N.)

Co., Ltd..

"

1S1.25

9-

$2.12

Smith

Ltd., 5%

preferred

Smith (A.

.

(quar.)

(quar.),

Simon

pfd.

(quar.)

.

(.Common
$2

7-

50c

Paper Mills,

8-2

7-1

'

Ltd.—

2

125c

(quar.)

Extra

7-30

8-16

8-

2

West

1

2

9-15

8-16

1

7-30

,

6-30

8-16

8-

2

6-21

4.10%

8-

Aircraft

(quar.),;

50c

(quar.)

20c

7-15

7-

2

(quar.),

$1

Sommers

8-26

,

South Pittsburgh

r

.

Southern

25c

4'/2%

Southern Calif.

6%

•'

7-15

7-

' 30c

8- 3

15c

8- 3
7-31

7-

Southern
-

(quar.)

Nevada

(quar.)

Power

7-31

7-

5%

2

7-

9

8-15

Minn,
Co.

Ang.)

(Los

—

7-

10-

7-15

7-20

1$1.50

7-15

.,

1

tI7y2c
-

7-15
•

.

$1.20

,

.

-

" 6-30

8-

2

8-20

8-

7-15

9-10

9- 1
12-

12-10

$2

7-

1

9-

1

8-16

7-15

7-

8

2

8-26

8-

5

t30c

7-15

7-

7

8-

7-12

2

7-15

6-30

,

.

Wichita
Wilcox

Union

Oil

Wood

2

7-lfl

1

9-23

1-5-55

12-28

25c

8-25

11-26

11-15

$1.12 y2

7-15

6-30

York

40c

9-15

8-30

6-30

5%

1____

Railway Co.—.
C-.
preferred

non-cumulative




'.i',

(quar).

;

20c
45c

8-1

8- 2
...

7-15

\ 7-15

,

7-15
6-19

I

■

$4

62¥zC

10-

9-20

1

25C

7-

25c

—

7-15

$3.70

9-15

8-13

9-15

8-13

$1.12 »/2

Union Gas

Co.

8-16

$1

8-16

7-20

92Vac

8-16

7-20

87y2c

(quar.)—,

8-16

7-20

$35c

8- 2

7- 2

—

(quar.)

of Canada

(quar.)

Co.

.

—

'

9

7-9

„

1

9-15

9-10

25c

$1.433/4

8-26

8- 2
2

7-16

8-

50c

8-

7-20

(quar.),

$1

(quar.)

7-16

Yellow

7-1

Power, 6%
Gas

Ltd.

7-15

7- 1

$2

7-15

7-10

pfd.

8-20

7-30

$1.50

7-31

7-16

20c

(quar.),,

7-15

6-30

(quar.),

$15c

7-16

6-3®

$1.11

8- 2

7-15

25c

8- 2
9- 1

7-20

(quar.)

*-

(quar.)
Co.

(monthly)

25c

conv.

Bear

Mines,

County Gas

pfd.

50c

37%c

(auar.)

9-20
10-20

10- 1

9-10

7-31

7-li

*4c

(interim)—

(quar.)

i

Ltd., common
preferred (quar.),
preferred (quar.)

not

7-16

6-16

8- 2

7-1#

^2Vic

8-2

7-2

t37/2c

^8-2

7-2

i?

Z"

,

~

i

•Transfer books

#

50c

Ltd.

;

8-20

9-

25c

(quar.)—

8-20

1

10- 1
11- 1

25c

Manufacturing Co.
6%

2

37Vic

(s-a)

—

Co.,

7-16

8-2

25c

Cab

8-

8-16

25c

Yards

—

Towne

9-20

8-16
'

25c

Monthly
&

1

9-30

15c
10c

Monthly

6%

10-

Electric

(Wm. Jr.)

closed for this

dividend.

.

funds, less 15% Canadian non-residents
Canadian funds, tax deductible at the source.
resident tax 15%; resident tax 7%.

tPayable in U. S.

^Payable

(quar.)
(quar.),,;

preferred

(quar.)

(quar.)

Corp

1

Missouri

preferred

preferred

$3.50 preferred

.

(quar.)_

62VzC

6-18

7-

7-31

$1

Zellers,

7-15

$$1.75

(quar.)

(quar.)

(quar.)—,
of

County

Yellowknife

-

$4.50

(initial)-^

Corp. * (quar.)^.l--Z

Corp.

com.

(quar.)

preferred

8-16

—

9-10

7-31
-

25c

Extra

8-

10-

—

pfd.

Mfg.

Southern

(Alexander)

7Vfec

Corp.

(quar.)

Stock

Co.

Wisconsin

Yale

Ltd., 7%

Oil

Wisconsin Electric

7V4c

—,

(quan),

}17Vic

6-25

1

7-15

112Vic

Whiting Corp., common
(quar.)
6% preferred A (quar.),

63y4C

(quar.)

7-15

10-

75c

(quar.)

Monthly

Corp.—

(quar.),

(quar.)

(quar.)

Ltd., class A

Instrument

Cement

River

Wrigley

Insurance, com.

60c

$1.25

Machine Corp.—
preferred (quar.),

prior

7- 2

Line

Corp.—

Sewing

7-31

Pipe

Inc.

Electrical

Wichita

8-16

5c

Stationery

Whitehead Bros. Rubber

1

7-28

—

&

(quar.),
preferred (quar.)

White

7- 1

37y2c

(quar.)

Tablet

Wheeling & Lake Erie RR.,
4% prior lien (quar.)

9

9-

(quar.),

A

1

Weston

6-15

50c

class

2-

A

Westminster Paper Co.,
Class B
(quar.)

6-15

2

$1.14

—

1

$1.25 2-15-55

5%

7-19

1

8-

i7y2c

—

2

(quar.)

Whitehall

Corp.-. (s-a)

Lines

8-16

preferred

65c

Air

75c

2

4.44%

Udylite

(quar.)

common

8-

Worcester

United

RR.,

2

8-

6-30

Union Electric Co.

7-15''

$2

11-

6-30

Street

6-15

8-

'■>

8-16

7-15

Co.,

6-15

Co.—

11-15

7-15

La Salle

7-30

7-15

$1.25

5%

Tobacco

I

7-15

.

$1.25

5%

208 South

J25c
$50c

(quar.)

(quar.)

dividend)

Tuckett

9-

(quar.)

$35c

A

(quar.)

Westmoreland,

30c

6-18

.

Ltd.

class

A

(stock

True Temper." Corp.

v 6-30

8-16

37l/2c

6-18

-

9-15

1

$1.06 y4

(quar.)

Troy & Greenbush R. R. Association
4preference (quar.)

5

7-15

$1.02 Vi

Common

!

—

Corp.

(quar.)

Western Union Telegraph Co.

7-12

2

35c

(quar.)

(quar.)

Gas

6-18

preferred A

B

Radio

6-18

7-15

(accum.)

Pacific

7-15

7-15

preferred

Western

7-30

8-

8-

30C

(quar.)

Quarterly

5

7-31

;

Southern New England
Telephone Co.
Southern

8-

35C

(quar.)

com.

(quar.)

Trinity Universal

5

150c

(quar.)-'lli

,

.

"_r.

(quar.)

Co.,,Ltd
preferred (quar.)
Co.

50c
28c

6% preferred A

Power

9
9

25c

(quar.)

preferred

A

1

8-

5%

diyidend)

$2.55

(quar.),,

$1.12Vi
$1.50

Securities

class

25c

1

28»/2c

Power

preferred

77-

62>/2C

6-15

Colorado

_

$2.50

6-2J>

7-9

.

pfd.

(quar.),,

Insurance

Western

8-13

7-23

8-2

17Vic

4Vi%

Ltd.,

9- 1

,

3c

25c

,

(quar.)

(stock

Trav-Ler

(accum.)__

(reduced)

Breweries,

Grocers,

A

Transamerica

-

6-15

Southern Indiana Gas.& Electric Co.—
4.80%

6-15

$1.12y2

participating

Southern
,

2

(quar.)

Gas.

Canada

8-

(quar.)

Edison Co.v common
preferred- (qilar.),__,__
preferred (quar.)"_ll__

Southern

2

25C

Airways,

pfd.

preferred

Class

6-30

pfd.

Southern Calif.

4.56%

Co.

8-27

7-15

Bag & Paper Co.

,

j

Canada

$1.40

8-20

2

2c

of

6%

5%

9-15 •

8-

50c

Transcontinental

Extra

4.48%-

9-10

25c

!

;

com.,

Water,

Advance

Co.,

preferred

Western

7-15

8-

60C

(quar.)

(quar.)

Building Assn.. Ltd.

8-10

10c

(quar.)

Drug. Stores,

2

$1

Trust

&

preferred

Trane Co.

7-9

8-2

50c

Co.. 1(quar.)r_"------i-

Co.

Co.

Co.

Trans-Caribbean

'

Bolar

Power

preferred

Western

2

20c

Chemical Co,,

4.20%

Class

■

^ Smith (S, Morgan)

$5 preferred (quar.)

Engineering Co

Penn

1

6-29

(initial)

Michigan Steel Foundry
prior preferred (quar.)

7%
West

9-

7-

Ltd.

Kentucky Coal Co.

West
1

7-15
9-

$1.21

Co., common
preferred (quar.)

Townsend

6-30

150c

_

(J. Hungerfordy Co.

1

West End

7-2

Mfg. Co. (quar.)—

Traders

.

(quar.)'

preferred

7-

Wellman

$1.14

Edison

4.56%
Towle

.

Smith

7-15

1

2

Quarterly

4'/4%

7-9

7-15

Insurance

Toledo

8-9

8-2

153c

(quar.)

1

115c

(quar.)

common

Corp', (quar.)

O.)

(Howard)

'

5

$1.25

1

7-12

(quar.)

Title "Insurance

6-28

40c

'

,

Sllverwood

7-23

9-

7-12

Corp

Mfg.

7-15

7-

12-

50c

Title

7-9

120c

(quar:)-i—i

Sigma Mines, Ltd.:

Metal

2

7-20

5%

(quar.)

preferred

8-

$25c

Equipment,

1

Pipeline—

Tishman Realty & Construction,

5%

45c

7-23

10-

.

,

-

__

Mills

(quar.)

com.

1

8-10

1-2-55

Co.—

pfd.

(quar.)

5%

Gas

preference

$2.50

Co.,

Aircraft

Timm

Titan

Ltd.—

Canada,

convertible

Thomaston

'

Shedd-Bartush

Co

8-10

Weatherhead Co.,

(quar.)

Mfg.

7-10

$1.12Vi

7-12

(quar.)

Glass

7-20

$1.06J/4

3

(quar.)

preferred

7-16

35c'

(quar.)

(quar.)

Waterous

Light Co.—

preferred

Thatcher

pfd.

(quar.)

8-

25c

preferred

10- 2

(quar.)

Natural

2

preferred

6-24

25c

Service, $4 preferred

8-

preferred

7-15

8-

8-20

37Vic

(quar.),,

$4.50

6-24

15c

1

$4.25

7-26

(quar.)

Texas Power &

J30c
t50c

.

_—

4V2%

Swasey

9

Western
Common

7%

pfd.

Co., common
preferred (quar.)

25C

Mfg. Corp.

6%

Washington Gas Light Co.,

7-16

9iy4c
91V4c

__

Shawinigan Water & Power Co., com.
4% preferred series A (quar.)

.

&

7-15

(quar.)

9-

7-14

8-

(quar.)

8-20

$1

(quar.),

Co.,

com.

J 40c

—

8-31

1

7-

7-15

8-

9-15

9-

7-31

7-31

9-

t20c

15%c

62Vic

30c

(stock dividend)—_

(quar.)

(quar.)

(quar.)

7-26

6

20c

6-25

7- 2

7-

27c

8-6

7-15

7-15

7-20

$1.08

8-17

25c

20c

(quar.)—

(Cleve.)

Co.

Warren Bros.

(quar.)—

common

7- 1

60c

(quar.)

6-30

6

A l(quar.)

7-15

8-26

7-

70c

2

7-15

'

25c

7-20

—

8-

10c

$1.25

Jl5c

America

Trust

t$1.25

(quar.),

7-16

$2

7-30

20c

50c

7-12

7-31

(s-a)

7-15

Warner

25c

7-12

2

7-19

7-12

Inc.,

2

8-

8-20

7-20

Street

5%

8-13

8-

50c

pfd.

1.

35c

(quar;)

com.

50c

Warner Co.

Wall

2

15c

7-12

7-15

7-15

9-

1

6-lft
7-23

8-

25c

2

1

7-15
8-16

40c

$1.50

(quar.)

8-16

8-

(s-a)

17Vic

:

(irreg.)__:

(quar.)

9-10

25c
com.

6-19

Investing Com

8-

—

6-21

7-15

(quar.)

preferred

Railway

12Vic

(quar.)

7-15

10c

(quar.)__
:

(s-a)

Walker & Co.,

I

Co.—

of

Grey

65c

Extra

85c

(quar.)

Corp.,

B.)

Ltd.

25c

$1.12 y2

preferred

6-30

(quar.),,

preferred

Vulcan Detinning Co.,

(quar.)

7-1

8-

25c

pfd.

convertible

Corp.

&

Co.

Virginia Coal & Iron Co.

common

Corp.

Tower

Terre

(quar.)

(quar )

Acceptance

A

Vinco Corp., 5%

7-15

25c

Terminal

'

4.30%

$4

(J.

class

Victoria

1

8-

50c

Corp.

27y2c

Paper Co., $3.40 preferred
preferred
(quar.)

$4

Corp.,

2nd

conv.

Insurance

2

i2yac

(quar.)

7-16

8-2

Camp Sea Food Co. (quar.)

,

$6

non-cum.

8-

(quar.)

7-10

8-5

35c

(quar.)

9-14

Stores,

9-30

(quar.)

7-20

7-15

25c

'

8-10

25c

—

A .(quar.)

Scovill Mfg. Co., 3.65% pfd.
3.65%
preierred
(quar.)

preferred

1

10-

4

Scott

(quar.)

Universal Leaf Tobacco Co.,
Extra

United

,15c

—

6-30

87V2c
common

preferred

Universal

7

25c

(quar.)

(quar.)—,

Corp.

Co.,

8-

2

(quar.),,

Stockyards Corp.,
convertible

Van

(quar.)

Taylor Instrument Cos.

7-15
7-15

Co., common (quar.)

Schwitzer-Cummins

,

.—

(reduced)

Inc.

preferred

20c

preferred

6-30

25c

8-27

7-

-.9-10

—

Fenn

2

7-20

;

9-10

25C"

(quar.)

conv.

(quar.)

$4.20

30c

Co

California

Co.,

6-24

8-

10c

(quar.)

7-30

2

43 %c

commoil

Corp., Ltd.,
(quar.)—

preferred
&

4.32^-

1

7-15

tlOc

;

(quar.)—,
Industries,

8chuster

Corp.

common

8-

56c

Quarterly
Electric

7- 2
6-22

7- 2

Sl.OOft

(qhar.)

25c

(quar.)_—

&

America,

of

Co.

Tampa

$1.34

.•

class B

Schenlev

•

preierred

8-14

Inc.

Petroleum

Co.

2

7-15

$1.50

voting trust ctfs.

25c

r

preference

2

8-

Machinery Corp.—

30c

(1952 series)

Corp.

(quar.)

common &

.

(quar.)

Ltd.,

Co.,

Plywood Corp.,

70c

*

Scarfe

preferred

Hoffman

7%
$1.25

(quar.)

6%

8-

7-14

Smelting Refining & Mining Co.—

15c

(quar.)

Steel

6-30

"

1

8-

—

Supertest

6-30

25c

8-

S.

4V4%

Propane Gas Corp.—

Superior

7-15

183/4c

tl5c

(quar.)

2nd

10-15

7-15

25c
—

6-30

1

22c
'

7-15

11-

80c
—

t20c

$1

Separator,

.

2

50c

U.

(quar.)

of

' 7-

40c

(quar.)

6-30

-

preferred

Corp.

6-16
*

10c

(interim)

7-15

2nd

Supermarkets

7-16

7-14

62Vic

~

t30c

7-15

pfd.

■

"

g-ll

Foreign Securities Corp.—

20c

common

7-13

7-13

37y2C

Fidelity & Guaranty Co.

$6

Service—•

preferred

1

7.15

25c \

(quar.)

U. S. Glass

(quar.)

Superior

12- 1
7-10
9-10
6-30

;

(reduced)

S.

~

2

Mold

(s-a):
com.

(quar.)
Co.

8-

8-1

fiOc

Inc.

8-10

(quar.)_

conv.

Ltd.

S.

Common

8-

Co.,

Mines,

8- 4

(extra)

Co.,

7-15
7-31

75c

(s-a)__!

Davin

7.15

8-16

8-31

25c

Machinery Corp.,

U.

7-15

15c

(quar.)

Hill

'

flOc

(quar.)

Shoe

9

$1

Super

9- 1

9-15
12-15
7-17
10- 1
7-15

—

7-

(quar.)

Sunrise

2

22J/2c

i

7-22

(reduced)—,

& Co.

Co.

Special

25c

3bc

preferred

Oil

A

8-14

Inc.

Fuller

Electric

4V2%

class

Distributors,

U.

$4

7-16
8- 5

t$107

6-25

7-1J3

7.33

-

J38c

8-20

Greene Spring Corp.

5.20%

Co.

preferred

3

8- 5

gc

(quar.)

Keno

6%

2nd

Sun

Tool,
(quar.)

United Specialties

$4

6-°%

—

(quar.)

preferred

&

A

!

20c

Ltd.

preferred

Stubnitz

7-10

$1.25
$1.25

7-15

(quar.)

Whatley

Suburban

6-2*

7-15

7-15

,

Savage Industries,'4 common75c convertible preferred (quar.),,,.
5.36%

7

6-

7-26

A

6-18

Container Corp.

Stuart

6-25

8-3

*

Sargent

Stone

,

•

San Miguel Brewery, Inc
Sanborn
Map
Co.,_.

'

1st

class

Shirt

7-15

Strawbridge & Clothier (quar.)

t50c

Ry.

(quar.)

7%

Ltd.,

Fruit

7-15

$1.50
*

P.)
&

8-

t30c

87V2c

Fund—

United

'

Stockton

6-30

$1.12*4

:

(quar.)

(J.

Baer

B

United

6

2

(quar.)

preferred

9-8

(s-a)

i2y2c

A

Textiles,

9-22

Corp.—
preference
(quar.)

&

7-16

1

(increased)

9- 8

56i/4C

Stores

tlOc

Stores

Stern

Suburban

(quar.)

preferred

preferred

8-13

7-22

$15c

(quar.)

Francisco

7-15

5c

(quar.)

Corp. Ltd.

7-15

Stix.

Shares, Ltd.

'.

Co.

&

Bros.

2

7-27

20c

_

(quar.)
5%
convertible preferred A (quar.)
8t. Paul Fire & Marine Insurance (quar.),-—
Saguenay Power Co., Ltd., 4y4.% pfd. (quar.)
San Diego Gas & Electric Co., com. (quar.)—
4y2 %

7-

93%c

(quar.)

class

of: Canada

&

Stevens

10c

6%

Co.

convertible

6

7-23

8-

8-13

7-26

30c

A

Sterchi

8-13

7-15

,

12y2%

preferred (accum.)—
W Fine Foods Inc., 4% pfd. (quar.)

Croix

.

Co.

6-30

9-22

(quar.)

Drill

Class

2

8-

(quar.)

(A.)

Stern

ord.

(reduced)

preferred

Co.

Stein

•

4»/2%

8-

25c

receipts

—_—

Building Co.,

8-

t56y4c

(quar.)

*

8-13

*

10c

(quar.)_

(quar.)

St.

•

$1.02y2

pfd.

7-2

7-15

7'/2c

1

United

capital surplus)

Stecher-Traung Lithograph
,.5% preferred (quar.)
5%
preferred (quar.)—

8

Steel

.

(from

Stanley Home Products,

8- 2

$1.02V2
—

Royal Oak Dairy Ltd., class A (quar.)
Royal Typewriter Co., Inc.—

Russ

2,
7-12

1

9-

50%

Corp.,
common
(quar.)

A

ll-^o

J.—

4'/2%

(s-a)_.

B

9-1
9- 1
9- 1

$1

dividend

Class

v

B

Class

■

(quar.)—___—;

Ltd.,, Amer.'dep.

*Rowe Corp.

N.

Stanley Brock, Ltd., class A

6-30

.

_

Stock

Rothmoor

8-

United

Light—

Corp.

Ltd..

Corp.—

<quar.)„__

Corp.

Class

B

7-15

$40c

(quar.),

Investment income

Corps.,

Class

8-13

(s-a)

(quar.)

Continental

United

4

15c

com.

Products

7-20

(quar.)_*J__—_

(final)

,

8-16

5%

div.)

;

8-31

12-10

50c

Ltd.,

&

B

Silica

Standfields,

7-20

8- 2
7-15

(N. Y.)—

Light & Power, common
preferred (quar.)
Plywood Corp. (quar.)__

Roddis
Rohr

9-15

50c

—

&

Standard

9-15

8- 2

U

L,

Rockland
•

of

(Ohio), 3%% pfd. A (quar.)

Power

Common

7-15

933/4c

(quar.)

preferred

(stock

*

1

$1.25

^

45c

(quar.)

Co

Standard

1

30c

preferred F (quar»),„
4.10% preferred H (quar.),,,,
4.10%
preferred J
(quar.)
434%

Standard

1

10- 1
10- 1

8-

Co.,

Standard Oil Co.

2

37V2c

"'4%

4.65%

Milling

6-15
7-

—,1,'

Electric

&

8-

8-16
7-15

Co.

Co.

Fuel

Standard

9

7-15

(quar.)^!.;,,.^-,.,

Hnterlm),,^,,,,,,

Standard

6-25

7-26

40c

Common

9-15
12

7-19

9-

(quar.)

common

United

Insurance

9-15

1

7-15

25c

15c

—

Button

Rochester

10-

$27c

Quarterly
Rochester

1

Ltd.

Co.,

convertible

From net

pfd.

8-10

America

Cigar-Whelan

United

i

—

(quar.
American Insurance Co.

Rochester
-

Coo.

Tobacco

(Trenton). (quar.)

$1.12 V2

$1.75
~$1.75

...—

(quar.)

shares

Light

Fire

7-15

5%

Valley Gas Co. (Texas)
Rising Paper Co., common (quar.)
River Brand Rice Mills (quar.),,,
Roan Antelope Copper Mines, Ltd.—.
Roanoke

6-30
7-15

Grande

American

additional—

10c

Gas

Commercial

Standard

7-21

3

7-31

—

(quar.)_^~

Co.

er

Springfield
Standard

7-31
8-

.

10c

(quar.)

common

preferred

Fike-Kmn

Rio

7-14

7-31

Corp..:

preferred

6-lfl

3

$25c

__

(stock dividend)

2nd preferred

2
3

8-

Cement,

Additional

7-21

8-

8-

50c

Racing Association (quar.)
Rice-Stix, Inc., common (reduced)
7%

9-10

tlOc

Revere

.7 %

10c

Portland

& Glass

Holder$

Payable of Rec.

60c

$1.12V2

5%

of

When

Share

(increased quar.)

(quar.)

Canadian

United

'

(quar.)

(quaf.)_

Corp.

12-15

Spokane

20c

(increased)—

common

JLtd., class A (quar.)
Republic Steel Corp., com. (quar.)
Republic Supply Co. (Los Angeles) (reduced)
Resistance

10-

25c

7-21

$1.25

Renold Coventry,

Resistoflex

Spokane International RR. Co. (quar.)
Quarterly

25c

7-20

20c.

—_——

—I,—

Engineering Co.—

Reinsurance

7-20

2

2

8-

25c

com—

(quar.)

Electric

Reliance

2

8-

8-

5c

__

United

7-15

50c

(quar.)

(quar.)____:.

,

(Mass.),

preferred

A

A

(quar.)_,

B

Corp.

5%

class

Brewing,

Top

Co.

Series A preferred

7-15

56V4c

(quar.)

<

Calif,

United Bond &
Share,

$3.50

(quar.),

convertible

of

preferred

United Can

•

5c

Red

$4.50

6-22

'.

Company

Co.

United Biscuit

7-31

(quar.)

Oil

United Aircraft
Corp.,

5

8-

t30c

.Raymond Concrete Pile Co. (quar.)_;
Raytheon Mfg. Co. (stock dividend)
Reading Co., com. (quar.)

Reed

Union

7-12

1

„

Name of

6-18

(Dallas)—

Quarterly

Per

.

8-

7-20

Co

preierreci

Co.

Holders

Payable of Rec.

10c

7-20

15c

(quar.)

(quar.)

Ralston Purina Co.,

Insurance

(s-a)

$1.50

—

Distribution Shares

Power

Life

When

Share

Gas, common

35c

Oats, com
preferred (quar.)

Quarterly
Quincy

Southwest Natural

7-15

preferred

Quebec

Name of Company

5

preferred
-.4.20%

•AYi%

Per

Payable of Rec.

$1.25

(quar.)

HolderJ

When

Per

7-20

income tax.

Less

British

x

Less

Jamaica,

y

Previous published date was incorrect.
date and/or record date is indicated here.

a

Noa*

in

income

!

'

tax.
^

The

,

.

corrected

^iiiLi,nl

payment

48

(200)

The Commercial and Financial Chronicle

;

.

.

Monday, July 12, 1954

STATE AND CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS

ALABAMA

Trust

Cadhoun County (P. O. Anniston),

$28,000

Alabama

Warrant Sale

•$*25,000 3%
$»tate

An issue

—

Tax

Anticipation

sold to T. U.

was

Crumpton & Co., of Birmingham. Dated
May 1, 1954. Due semi-annually

21,000

Acant, All & Rose,

Birming-

of

Maplesville, Ala.
Bond

Sale—An

first

bert J.

C*ty,

5s.

Interest

1961

from

inclusive.

Due

July

on

48,000 2%s.

Due

on

1

from

LaCanada School District,

bonds

June

Legality

1,

1954.

approved
&

school

awarded

water

service

fered

July

8

beaded
York

bonds

179,

v.

to

&

City, at

syndicate

Co.,

price of

a

of

cost

of¬

2854-p

p.

a

Shields

by

interest

$6,000,000

revenue
—

awarded

•were

The

—

about

New

par, a

net

3.24%,

as

fallows:

$70,000 5s.

Due

on

Jan. 1,

1958

on

Jan.

1960

4s.

Due

1,

305,000 3y4S. Due

oh Jan. 1 from

1962 to 1967 inclusive.

340,000 3s.
1968

Due

to

5,205,000

from

Jan." 1

on

1972 inclusive.

3V4S.

Due

members

^Salomon

100.54,

a

headed

of

Weeden

Youngberg, both of San Fran¬
cisco, Wagenseller & Durst, .of

Bros.

the

of

&

Hutzler, East¬
man, Dillon & Co., both of New
York; Lee Higginson Corp., Hornfetower

& Weeks, of New York;
leedy, Wheeler & Alleman, of
Orlando; Sterne, Agee & Leach,
Birmingham; Thornton, Mohr
■Sc Farish, of Montgomery; Field,
JRichards 7 &
Co., - of Cleveland;
Stern, Bros. ' & Co., of Kansas
City Cumberland Securities Corp.,

Nashville; Berney Perry & Co.,
of Birmingham; Shropshire & Co.,
of Mobile; Hugo Marx &
Co., of

^Birmingham; Andrews
Inc., of New York.

&

Wells,

of

as

Sale—The $350,000 build¬
bonds offered July 6—v. 179,

ing
p.

2854

Bank

awarded

were

—

of

America

the

to

National

Trust

&

Savings Association, of- San
Francisco, as 2y>s, at a price of
100.005, a basis of about 2.49%.

District, Piru and
Counties, Calif.

until

9

Los Angeles,

(PDST)

a.m.

on

July

13

$90,000 build¬
Dated Aug. 1, 1954.

bonds.

ing
Due

Aug. 1 from 1955 to 1972

on

Co., of San Francisco.

Santa Rosa

Ostly,

for the purchase of

inclusive.

(F-A)

County

Chase

Bond
will

be

chase

until

bids

10

a.m.

10 for the

Aug.

on

Sealed

—

received

(PDST)
Due

County, Calif.

Offering

pur¬

of

$30,000 building bonds.
Aug. 15 from 1955 to 1960

on

inclusive.

National

Bond

Sale—An issue of $65,000
auilding bonds was sold to the

County Treasurer, as 23As, at
Dated July 15, 1954.

par:

Washington Elementary Sch. Dist.,
County,

Bond Sale—The $39,000 build¬
ing bonds offered July 1—v. 179,
p.

2854

Bank

&

America

to

National

the

Trust

of about

GEORGIA
Clinch County (P. O. Homerville),
Bond Sale—J. H. Hilsman & Co.

of

Atlanta,
as
3s,

Cincinnati, and
Co,, of Jackson.

Harrington

&

ARKANSAS

$21,000 33/4s. Due
1957 to

Marvell, Ark.

45,000 41/4s. Due

Bond Offering—James I. Good¬

win,

Mayor,

auction
12

at

8

will

issue

an

works

and

sell

of

1955

to

terest J-D.

Mehaff
little

,

July

water

revenue

bonds.

1979

Due

on

Dec. 1

inclusive.

In¬

Legality approved by

Smith

&

Williams,

of

Rock.

the

flank

of

$147,000 school

were

awarded

America

1




July 1 from

bonds

1954.
to

Due

1978

are

on

dated

July

inclusive.

interest

1

from

1,

1957

Principal and

(J-J)

payable
County Treasurers office.

at

the

Legal¬
ity aprpoved by Orrick, ,'Dahlquist, Herrington & Sutcliffe, of
San

Francisco.

Fresno

to

National

& Co.,

to

John

Denver, and Cruttenden

of

100.04;

Chicago,

at

price

a

&

of

net interest cost of about

a

follows:

as

$35,000 3s.

Due

1956 to

1960

Aug.

1

from

inclusive.
on

Aug. 1 from

ed

the

to

Corp.,

;

Principal

payable

at

and
the

interest

INDIANA

103.10.

a

$400,000

price

to

a

100,000 2%s.

Due

on

Aug. 1, 1971

1972.

City originally in¬
$450,000 certificates
2752—but the amount

179,

reduced

p.

bonds

offered

10"—were

$495,000 school

July

awarded

7—v.
to

180,

the

a

price of

County I of about 1.89%,

100.06,
,

a

City,

p.

First

F.

S.

101.03,

a

•

(

sealed

(CST)

John R.

—

re¬

on

bids

until

9

a.m.

July 13 for the purchase
of $2,880,000
warrants, as follows:
$2,500,000

general

fund

purpose

warrants.

230,000 police pension fund

war¬

rants.

150,000

fire

pension

fund

war¬

rants.

Each issue matures

Dec. 31,

on

i954.

County School Dist. No. 100
(P. O. Berwyn), III.
Bond Offering—Dolores Bieske,
Secretary of the Board of Edu¬
cation, will receive sealed bids
until 8 p.m. (CST) on July 14 for
the purchase of $800,000 building
bonds. Dated July 1, 1954. Due on
Dec.

from1 1955

1

payable at

to

1973

inclu¬

a

bank

or'

(J-D)

trust

Jennings Township School Building
Corporation (P. O. Leavenworth)p
Indiana

Bond

at

the

sive.

from

1956

to

1974

$75,000

and

er

the

District.

Legality

,

Bond

County

School

No.

(P. O.Rankin); III.
Offering — Martha

6

on

$200,000 build¬
Dated Aug. 1, 1954.

Nov.

1

from

a

bank

mutually

1955

to

and

Principal

payable at

interest

or

trust

satisfactory

1969

com¬

to the

Board of Education and the pur¬
chaser.
Legality
approved
by

Interest

—

Knox-Center Township School
Corporation (P. O. Knox),
Indiana
Bond
eral

Sale—The

1

from

1955

Charles

to

'

■*

$100,000

gen¬

obligation building bonds of¬
July 2 were awarded to

fered

Raffensperger, Hughes 8c Co., of
Indianapolis, as 23/4s, at a price
100.01,

a

basis of about 2.74%.

The bonds mature
semi-annual¬

from

July 1, 1957 to Jan. 1„
inclusive. Interest J-J. Le¬
gality approved by Ross,
McCord,
Ice & Miller, of
Indianapolis.
Marion

County (P. O. Indianapolis )«,

Indiana
Bond Sale—The
$390,000 power
plant construction and facilities
bonds

offered July 7—v.
179, p.
2855—were awarded to the Harris
Trust
as

& Savings
Bank, Chicago,
l%s, at a price of 100.03, a basis

of about 1.37%.

Bond

1969

station

179,
E.

the purchase of $195,000
building
bonds.
Dated June 1, 1954.
Due
Dec.

payable

.

Richmond, Ind.

Fink, Secretary of the Board of
Education, will receive sealed bids
until 8 p.m. (CST) on July 19 for

clusive.

July

J-J. Legality
Ross, McCdrd, Ice &
Miller, of Indianapolis.

Logan and Dewitt Counties, Beason

Offering

of

as

1967

for the purchase of

bdnds.'

callable

are

1960.

approved by

ly

Bren¬

Secretary of the Board of
Education, will receive sealed bids
until 8 p.m. (CDST) on July 22

Due

bonds.

54,000 debentures. Dated Aug. 1,
1954.
Due Jan. 1, 1980, and
callable as of July 1, 1960.

Community

District

ner,

ing

1,

of

Unit

mortgage

annually from Jan. 1, 1957 to
1, 1975, inclusive. Bonds
1, 1961 and there¬

ap¬

Chicago.

Irondequois

first

Jan.

a

proved by Chapman & Cutler, of

as

-:----due Jan.

pay¬

banking institution mu¬
tually satisfactory to the purchas¬

debentures,

Dated July 1, 1954. Due semi¬

inclu¬

Principal and interest

able at

bonds and

follows:

after

Secretary of the Board of Educa¬
tion, will receive sealed bids un¬
til 8 p.m. (CDST) on July 15 for
the purchase of $95,000 building
bonds. Dated July 1, 1954. Due on
1

Marengo State Bank, Ma¬

revenue

Cutler, of Chicago.
County Community School
District No.
18S
(P. O.
Malta), III.
Bond Offering—Wilbur Strawn,

—

rengo, until 1 p.m. (CST) on July
15 for the purchase of
$129,000

DeKalb

Jan.

Offering

James Cole,
President, will receive sealed bids

com¬

mutually acceptable to the
purchaser and: the,, District. Le¬
gality approved by-Chapman &

on

as

basis

Francisco,

l%s, at
1.76%.

as

ceive

with

accordance

No. 405 (P. O. Beason), III.

j Boston Corp., New York City,
1.90s, at

in

San

ILLINOIS

Bond

(P. O. Sharon), Conn.

Bond Sale—The

Co.,

Barney, City Controller, will

revised estimates of the engineers.

Community High School District

CONNECTICUT
Sharon

group composed of Dean Wit¬
&

Smithers & Co., and Brown. Bros.
Harriman &
Co., both of New

of

The

was

|

Indianapolis Park District, Ind.
Bond Sale—The $1,237,000 im¬
provement bonds offered July 7
—v.
179, p. 2855—were awarded

Warrant Offering

July 1 were award¬
Equitable
Securities
at

&

Indianapolis, Ind.

Sale —The

Nashville,

Le¬

Charles

by

Trauernicht, of St. Louis.

York

4%% natural gas distribution sys¬
tem revenue anticipation certifi¬
cates offered

as

from 1955 to

Interest A-O.

basis of about

Waynesboro, Ga.

,

Certificate

Oakland,

of

Oct. 1

on

approved

Chapman & Cutler, of Chicago.

10

inclusive.

gality

120,000 hospital bonds.

pany

1961 to 1970 inclusive. "

County. Water Works Dist

bids until 11 a.m.
(I DST) on July
13 for the purchase
of $36,000
bonds. Dated July 1, 1954.
Due on July 1 from 1957 to 1974

$240,000

as

$120,000 school bonds.

inclusive.

on

365,000 2%s. Due

and

water

.(J-J)

awarded

were

Nuveen & Co., Chicago;
Coughlin

2.29%,

July

(P. O. Fresno), Calif.
Offering — J. L. Brown,
County Clerk, will receive sealec

County, Calif.
Bond Sale—The

on

102.;—

Co.,

Bond

J

Alvxso Sch. Dist., Santa Clara

fjuild.ng bonds

The

No.

CALIFORNIA

July 1 from

1964 to 1978 inclusive.'

public

on

$147,000

sewer

Dated June 1, 1954.

from

at

(CST)

p.m.

on

1963 inclusive.

purchased
follows:

bonds

—

offered
June
29
were
awarded to Hannaford &
Talbot,
of San Francisco, as follows:

Bank,

Due

inclusive.

1961

ter

Georgia

2.74%.

Yorba Linda Sch. Dist.,

...

State

2V2S.

New

of

City. Legality approved by
Caldwell, Marshall, Trimble
&
Mitchell, of New York City.

Association, of San
as 2%s,
at 100.02, a

Francisco,
basis

awarded

were

—

of

Savings

Corona, Calif.

bonds

the

pany

Calif.

Bond Sale—An issue of $49,000
Co., of At¬
Orange County, Calif.
lanta; Hannahs, Ballin & Lee, of sewer bonds was sold to the Bank
JNew York; Raffensperger, Hughes of America
Bond Sale—The $53,000 build¬
National Trust & Sav¬
•&. Co., of Indianapolis; Tripp &
ings Association, of San Francisco, ing bonds offered July 6—rv. 180,
p. 102—were awarded to Weeden
•Co., of Newi York; - Arnold and as 23/4s. Dated July
1, 1954. Due
Crane, of New Orleans; J. M. Dain on July 1 from 1955 to 1969 in¬ & Co., of San Francisco, as 3s, at
a price of
&
Co., of Minneapolis; Lucas, clusive.
101.63, a basis of about
Principal
and
interest
Eisen
&
Waeckerle, of Kansas (J-J) payable at the City Treas¬ 2.79%.
City; Magnus & Co., of Cincin¬ urer's office.
Legality approved
COLORADO
nati; McDonald-Moore & Co., of by O'Melveny &
Myers, of Los
Detroit; Rodman & Renshaw, of Angeles.
Lamar, Colo.
Chicago; Seasongood & Mayer, of
Bond Sale—The
Fresno County Water Works Dist.
$500,000 general
Cincinnati; Herbert J. Sims & Co.,
obligation
water
No. 14 (P. O. Fresno), Calif.
improvement
New York; M. B. Vick & Co., of
Bond Sale
The $66,000 water bonds offered July 7—v. 180, p.
'Chicago; Weil, Roth & Irving Co.,
-of

Bank

the

at

sive. Principal and interest

Yolo
•

payable

Cook

,

Elementary Sch. Dist.,

Ventura

Treasurer's office.

Conejo School District, Ventura.
County, Calif.

callable

are

Vermilion County, Oakwood Town¬
ship High School District No. 22T^
(P. O. Oakwood), III.
Bond Sale—An issue of $85,000
school building bonds was sold to

York

—v.

interest

Principal and
payable
at- the

Clement A. Evans &

•'

(A-O)

Legality ap¬

Chicago.

tended to sell
Piru School

County Clerk, will receive sealed
bids at his office in

1,

April 1, 1964. Principal and

interest

Bond

den &

City School District,
Angeles County, Calif.

Bond Offering—Harold J.

group:

in 1965 and thereafter

_

Los

rev¬

April

April

on

'

San

1

pur¬

Dated

1 from 1955
to 1984 inclusive. Certificates due

&

Angeles, Hill Richards & Co.,
Ventura
Francicso,; Fred D. Blake
Bqnd Sale-rrThe $120,000 build¬
& Co., of Los Angeles, and C. "N."
ing bonds offered July 6—v. 179,
White & Co., of Oakland.;
p.
2854—were awarded to Wee¬
of

Bellflower

Jan.

on

Trust

Newport Beach School District,
Orange County, Calif.

&

Co., J. Barth & Co.,
Francisco, William R.
Staats
&
Co., of Los Angeles,
Dean Witter & Co., Merrill Lynch,
Pierce, Fenner & Beane, both of
San Francisco, Paine, Webber,
Jackson
&
Curtis, of Chicago,
Lawson, Levy & Williams, Stone

National

Savings Association, of San Fran¬
cisco, as 23/4s, at 101.26, a basis
of about 2.55%.

of the account:

both of San

America

p.m.

the

for

2

$400,000 recreation

102—were awarded to the Bank

p.

basis of about 2.69%.

Other members

from 1973 to 1988 inclusive.

Other

were

Los

1961.'

and

syndicate

a

Bond Sale—The $64,000 build¬
ing bonds offered July 6—v. 180,

offered
—

&

and 1959.

40,000

to

102

View School District,
Angeles County, Calif.

Los

& Savings Association, of
Francisco, as 23/4s, at a price

San

Sale

Mountain

by the Bank of America National

of

Due

Los

of

until

20

1954.

$1,000,000

bonds
p.

—

July

on

certificates.

Treasurer's office.

Trust

Mobile, Ala
Bond

building
v. 180,

July 6

The

—

(EST)

bids

enue

Counties, Calif.

Sale

sealed

chase

Angeles,
until 9 a.m.
(PDST) on July 13
for the purchase of $50,000 build¬
ing bonds.
Dated Aug. 1, 1954.
Due on Aug. 1 from 1955 to 1971
inclusive. Principal and interest
(F-A)
payable
at
the
County

Antelope Valley Joint Union High
School District, Los Angeles and
Kern

ceive

bids at his office in

July 1,
1954. Principal and interest (J-J)
payable at the County Treasurer's

Bond

Los

Ostly,
County Clerk, will receive sealed

July 1 from

Board of Education.

proved by Chapman & Cutler, of

Clearwater, Fla.
Certificate Offering — Francis
Middleton, City Manager, will re¬

Bond Offering—Harold J

dated

are

FLORIDA

ap¬

Angeles County, Calif.

July 1 from

1969 to 1974 inclusive.

The

Legality

cisco.

on

1962 to 1968 inclusive.

gas

,*Iy Thompson, Dumas, O'Neal
Hayes, of Birmingham.

•

1

Due

50,000 2%s.

Her¬

to

Co., of New York

Dated

J-D.

$300,-

natural

sold

was

Sims &

as

of

issue

mortgage
bonds

revenue

.

July

on

office.

proved by Orrick, Dahlquist, Her¬
rington & Sutcliffe, of San Fran¬

office.

ham.

■000

Due

2s.

1959 to

from Nov.

1, 1954 to May 1, 1964
inclusive. Interest M-N. Legality
approved by White, Bradley,

5s.

Treasurer's

of

1955 to 1958 inclusive.

of

Farm-to-Market and

Gasoline

/warrants
'

& Savings Association,
Francisco, as follows:

San

in¬

Principal
and
interest
payable at a place mutually satis¬
factory to the purchaser and the

p.

Sale

—

The

1

$70,000 fire

bonds

offered July 1—v.
2855—were awarded to the
Trust Co.,
Indianapolis,

Fletcher
as

iy2s, at a price of
basis of about 1.47%.

100.12,

a

;
Tipton, In J..,
Bond Sale—The
$100,000 street
improvement bonds offered
July
7
v.
180, p. 103—were awarded

to the
City Securities Corp., In¬
dianapolis, as 1.3/4S, at a price of

100.33,

a

basis of about 1.69%.,

*,

Number 5341

Volume 180

'

sealed

receive

of

purchase,

Jan.

inclusive.

Fletcher

the

Due
1955

1,

(J-J)

interest

and

cipal
lat

Prin¬

payable

Co.,

Trust

Indi¬

anapolis. Legality approved by
Ross, McCord, Ice & Miller, of
Indianapolis. "* "
Washington Twp. Civil Twp. (P. O.
Fort

Wayne), Ind:
Bond Sale—The $168,000 build¬

offered July 7—v. 179,

ing bonds

p. 2855—were awarded to the In¬
dianapolis Bond & Share Corp.,
Indianapolis, as 21As, at a price of

100.34,

basis of about 2.20%.

a

$225,000 county

179,

for

Lawrence
that
the Kentucky turnpike is entirely
independent of turnpike projects
being considered by other states.
It is planned to relieve present
traffic

conditions

Wetherby

Governor

Superintendent

in

*

-

O.

Beege,

will

Schools,

of

until

bids

sealed

Offering—Ralph M. Hile-

11

Aug.

3

Aug. 1 from
1974 inclusive.
Principal

Aug. 1, 1954. Due
to

and interest

of

office

cified

by

or

Cutler, of Chicago.

........

^

^

,

5

a

179,

offered

about

of

sealed

receive

on

279,000 2V2S. Due

523,000 2%s. Due

(CST)

a.m.

on

I960 to

1960

in

callable

at

are

1, 1959. Prin¬

payable

(J-J)

interest

and

cipal

thereafter

and

of July

as

the Berea National Bank,

Be¬

Legality approved by Wyatt,
& Grafton, of Louisville.

rea.

Grafton

Carlisle, Ky.
Sale—The

Bond

$139,000 water

bonds offered July 6 were

revenue

& Heimerdinger, and Magnus & Co.,
both of Cincinnati, jointly; at a
price of 100.01, a net interest cost
awarded to Walter, Woody

of about

3.94%,

25,000 3V2S. Due on June 1 from
1958 to 1965 inclusive.
1966

1984

1 from

June

Due on

to

inclusive.

Due

to

of Dec.

Bonds

due

in

callable

are

interest (J-D) payable

National

1,

1955

at the First
Legality

Bank, Carlisle.

by

approved

Hays

Fahey,

&

all of New

No.

Delivered

—

Com¬

on

July

was

of

$38,500,000

& Company, it
announced by Glore, Forgan
Blyth

& Company,

fiscal advisors to the

Department

Kentucky

High-

of

1

wavs.

The

and

bonds, dated Julv

coupons

and

will
a.m.

bearing

were
on

C.

Mc¬

10

receive
(CST)

sealed

on

Aug.

4

for the
purchase of $160,000
Sub-Sewerage
District : No.- ! 1
bonds. Dated Aug. 1, 1954. Due

Aug. 1 from 1955 to 1974 incl.
F-A. Legality approved

Interest

Chapman & Cutler, of Chi¬
cago, and
McDonald & Buchler,
by

1, 1954,

3.40%

awarded

to

the

interest
syndi¬

June 8.—v. 179, p. 2648.

William

P.

Curlin,

Kentucky




Offering

Treasurer, will re¬

Davisn Town
sealed

ceive

Raymond O.

—

bids

Bank

Second

the

at

of

111

Boston,

Franklin

St., Boston, until 11 a.m.
(DST) on July 14 for the purchase
of $400,000 school project bonds.
Dated Aug. 1, 1954. Due on Aug.
1

to

1955

from

inclusive.

1964

the Second National Bank of Bos¬
ton.

Legality approved by Storey,
Thorndike, Palmer & Dodge, of

2855

—

Danvers, Mass.
Bond Offering—Arthur W.

Town Treasurer,

bids

the

at

Gay,

will receive seal¬
National

Second

111 Franklin St.,

unitl 11 a.m. (DST) on
July 13 for the purchase of $175,000 bonds, as follows:
$145,000

bonds. Due on Aug.

sewer

1955 to 1964 inclusive.

1 from

30,000 water bonds. DuC on Aug.
1959 inclusive.

1 from 1955 to

ceive

as

build¬

awarded to the
&
Trust
Co.,
2V?.s, at 100.72. a basis

were

2.37%.

The
1954.

bonds

dated

are

Aug.

Principal and interest

of

Boston.

1955

—

of

the

Parish

Police

Jury, will receive sealed bids un¬
11 a.m. (CST) on July 30 for

purchase of $72,000 public
improvement bonds, as follows:
the

Road

District

No.

808

Aug, 15 from
1956 to^884 inclusive.

bonds.

Due

on

to1 1959

approved

until

2

awarded

Donald-Moore

re¬

at

Mc¬

to

&

Co., of Detroit,
price of 100.005. \

a

p.m.

DeWitt Township School District

No. 4

(P. O. 4901 North East
St.: Lansing), Mich.

inclusive/ Legality

Bond

Offering—Russell A. Da«

by

Storey, Thorndike,
Dodge, of Boston.

vis, Secretary of the Board of
Education, will receive sealed bid3
until 8 p.m. (EST) on July 15 for
Rowley, Mass.
Bond Sale—The $65,000 water the purchase of $65,000 building
bonds offered July 8—v. 180, p/ bonds. Dated Aug. 1, 1954. Due on
May 1 from 1955 to 1968 inclusive.
104
were awarded to R. W.

Palmer

&

Bonds due in 1958 and thereafter

Pressprich & Co., of New York
City, as 1.90s, at 100.29, a basis

are
callable as/of May 1, J957.
Principal and interest (M-N) pay¬

of about 1.85%.

able at

Saugus, Mass.
Offering — Phyllis
Dodge, Town Treasurer, will

to

Bond

ceive

sealed

(DST)

on

chase

of

bids

July

until

15

$290,000

E.

11

a.m.

pur¬

bonds,

$244,000

bonds.

sewer

Due

on

First

Aug. 1
1954. Principal and interest (F-A)
payable at the National Shawmut
Bank

of

Boston.

Legality
ap¬
Storey,
Thorndike,
Palmer & Dodge, of Boston.

City,

by

Storey,
Thorndike,
Dodge, of Boston.

Palmer

&

Sale—The

July

were

Merchants

the

notes

$300,000

awarded to
National Bank of

7

Boston, at 0.412% discount.

school
offered July 8—
103—were awarded to
Bros.
&
Hutzler, and

p.

Salomon

Hemphill, Noyes & Co., both of
New
York City,
jointly, as 2s,
a

100.13,

of

price

a

basis 'of

about 1.98%.

Lynn, Mass.
$100,000 street

Sale—The

Bond

and sidewalk

ed

paving bonds offer¬

180,

7—v.

July

awarded

to

the

104—were

p.

Boston

Safe De¬

posit & Trust Co., Boston, as IV4S,
at a price of 100.31, a basis of
about

Boston, until noon (DST) on July
13
for the purchase of $350,000
school project bonds. Dated July
15, 1954.
Due on July 15 from
1955 to 1974 inclusive.
Principal
interest

payable at the First

approved
Palmer &

by Storey, Thorndike,
Dodge, of Boston.

Winthrop, Mass.
Bond Offering—Sealed bids will

be

received

by the Town Treas¬

at the First National

urer

Bank of

Boston, 45 Milk St., Boston, until
noon
(DST) on July 15 for the
purchase of $600,000 school bonds.
Dated
from

July 1, 1954. Due
1955 to

July 1

on

1974 inclusive. Prin¬

cipal and interest payable
First

National

Legality

Bank

approved

Thorndike,

Palmer

of

at the
Boston.

by

&

Storey,

Dodge,

of

Boston.

—

MICHIGAN

by the Chemical Bank &

Co., New York City, as fol¬

Lynn

000,000

as

notes:

$3,000,000

5.95s,

plus

$268,-

746.67.

1,083,000 Belmont
plus $65,707.

notes

as

6s,

2,750,000 Somerville notes as 6s,
plus $166,838.34.
194,000 Wilmington notes

as

6s,

plus $11,774.33.
352,000 Peabody notes as 6s, plus

$21,359.67.

Muskegon Twp. Sch. Dist. No. 2
(P. O. Muskegon), Mich.
j:

Bond Sale—The $325,000 build¬
ing bonds offered July 7—v. 180,

104—were awarded to

p.

of

composed

a

group

Barcus,

Kindred &
Co., Channer Securities Co., both
of

Chicago, First of Michigan
Corp., and Kenower, MacArthur
Co., both of Detroit, at a price

&

of

100.004,

about

net interest

a

3.24%,

$150,000 3^s. Due
1956

to

1964

to

of

on

July 1 from

inclusive.

150,000 3%s. Due
1965

cost

follows:

as

1971

on

July 1 from

inclusive,

t

^

t,

25,000 2V2S. Due July 1, 1972.

!

Muskegon Township, Reeths-Puffet
Agricultural School District No. 7
Fractional (P. O. Muskegon),
Michigan
$690,000 build¬
ing bonds offered July 6—v. 180,
Bond Sale—The

p.

104—were awarded to

a

group

McDonald-Moore & Co.,
H. V. Sattley & Co., all of

Co.,

500

$110,000

bonds,

$62,500

as

follows:

special

assessment sani¬
bonds.
Due on

tary sewer
Aug. 1 from 1955 to 1959 incl.

10,000

general

bonds.

6s, plus $271,005; and $3,-

June 1 from

on

inclusive.

Detroit; Stranahan, Harris & Co.,
Toledo, and Walter J. Wade, Inc.,
of Grand Rapids, at a price of
100.0001, a net interest cost of
about 2.21%, as follows:

650.34.

2,295,000 Lawrence notes as 6s,
plus a premium of $139,235.01.

1963

Offering—Fred J. Looker,
City Clerk, will receive sealed
bids
until
2:30
p.m.
(EST)
on
July 19 for the purchase of $72,-

Bond

lows:

$1,148,000 Attleboro notes as 6s,
at par plus a premium of $69,-

June 1 from

on

1959 inclusive.

'

and

Ann Arbor, Mich.

The

interest

follows:

composed of Kenower, MacArthur

Authority

(P. O. Boston), Mass.
Sale

net
as

110,000 Is. Due June 1, 1964.

I

re¬

&

Massachusetts Housing

as

J.

Frederick

—

1.14%.

Note

1957 to

ceive sealed bids at the First Na¬

bonds

170,

v.

$275,000 V/2S. Due

1960 to

Vanston, Town Treasurer, will

and

Sale—The $700,000

Bond

Offering

100.007, a
1.71%,

415,000 l%s. Due

National Bank of Boston. Legality

Leicester, Mass.

project

Hutzler, of New York
1V4S, at a price of 100.03,

Stoughton, Mass.
Bond

of

cost of about

basis of about 1.24%.

tional Bank/of Boston, 45 Milk St.,

Holyoke, Mass.
Note

price

1,

approved

offered

as

the

Michigan Corp., Detroit.

Corp., Detroit, Stranahan, Harris
& Co., Toledo, and Kenower, MacArthur & Co., of Detroit, at a

Bond Sale—The $171,000 build¬
ing bonds offered July 8—v. 180,
p. 104—were awarded to Salomon

&

to

awarded

were

—

of

composed of the First of Michigan

Somerville, Mass.

Bros.

success¬

Marysville School District, Mich.
Bond Sale—The $800,000 build¬
ing bonds offered July 1—v. 179,
p. 2856—were awarded to a group

by

proved

2856

p.

dated

are

trust company

by the

Bond Sale—The $325,000 build¬
ing bonds offered July 1—v. 179,

Aug. 1 from 1955 to 1974 incl.
50,000 water bonds. Due on Aug.
bonds

or

Galesburg.Augusta Community
Sch. Dist. (P. O. Galesburg),
:
:
Michigan :
•

fol¬

as

bank

a

designated

Legality approved'by
Miller,
Canfield,
Paddock
&
Stone, of Detroit.

re¬

the

for

be

ful bidder.

lows:

pay¬

Legality

6,000,000

Tangipahoa Parish Road Districts
(Pi O. Amite), La.
Bond Offering
Alon L. Wall,
Secretary

bids

sealed

2856—were

p.

Mack¬

(DST) on July 14 for the purchase
of $100,000
water bonds. Dated
Aug. 1, 1954. Due on Aug. 1 from

a

Trust

Bank

Guaranty

Offering—Arnold

1 from 1955 to 1969 inclusive.

headed

O. Alexandria),

Louisiana

$38,000

Bond

The

District No. 58 (P.

p.

ing bonds offered July 7—v. It9,

intosh, Town Treasurer, will

Boston.

Rapides Parish, Sixth Ward School

$28,000

Bond Sale—The $165,000 build¬

^

interest payable at

Principal and

-

of New Orleans.

Sale—The

'

—

$37,031,000
State
aided
veterans
projects
notes offered July 7—v. 180, p. 104
—were
awarded
to a syndicate

1

cate

'group:

til

maturing July 1, 1994, carry

'

"

MASSACHUSETTS

at

Offering—Willis

Supervisors,

Rapides,

by

the

Orleans.

bids until

of about

headed

of

Donald, Secretarv of the Board of

Turn¬

delivered

Bos¬

advice
of
Storey,
Palmer & Dodge, of

Thornike,

1974 inclusive.

ing bonds offered July 7—v. 179,

The

Kentucky,

of

Bank

ton, •• under

July 1 from

Sewerage District
(P. O. Metairie), La.

1

pike Revenue Bonds (Series 1954)
to
an
underwriting
syndicate

1

July 1 from

Jefferson Parish

Bond

of

on

members

of

Kentucky (State of)
Bonds

on

& Kees; Arnold and
Schweickhardt & Co., all
of New Orleans; Stubbs, Smith &
Lombardo, of Birmingham; Raffensperger, Hughes & Co., of In¬
dianapolis; MacDonald-Moore &
Co., of Detroit; John Dane, Kohl¬
meyer
& Co.: Steiner, Rouse &
Co., and the Weil Investment Co.,

Louisville.

monwealth

from

Principal and

1959.

1,

from

1

thereafter

and

1960
as

June

inclusive.

1984

June

dated

are

on

1

Crane;

on

bonds

The
1954.

July

«

•

'

Need ham, Mass.

Boston.

Ducournau

Bond

$17,000 2V2S. Due on June 1 from
/■
1955 to 1957 inclusive.

97,000 4s.

Other

follows:

as

National

Second

1965 inclusive.

1966 to

from 1955 to 1974 inclusive. Bonds
due

as

1959 inclusive.

1955 to

July

10

.

able at the Second National Bank

$198,000 3s. Due

the

for

2.71%,

follows:

Parsons,

purchase of $60,000
school
building
revenue
bonds.
Dated July 1, 1954. Due on July 1

bids until

$1,000,000
July 6—

2520—were awarded to
group headed by Merrill Lynch,

cost

* 1

Treasurer,

City

p.

interest

Berea, Ky.
Offering—David

will

v.

The

—

"•

will receive
sealed bids until 7 p.m. (DST) on
July 12 for the purchase of $300,000 notes.
Dated July 15, 1954.
Due Nov. 15, 1954. Notes will be
certified as to genuineness by the

Pierce, Fenner & Beane, of New
York City, at a price of par, a net

KENTUCKY

Clerk,

Sale

t

Boston,

Louisiana

bonds

093.90.
'•I ;

"

Bank of Boston,

(P. O. Plaquemine),

Bond

City.

'

Note Offering—Adrien O. Ano-

til,

ed

,

Iberville Parish School District

building

1

MAINE

at any bank spe¬
successful bidder.

Legality annroved by Chapman &

•

building bonds was sold to Stern

the

of

Treasurer

the

KANSAS

Bond Sale—An issue of $350,000

on

(F-A) payable at the

the

No. 5

Colby, Kan.

sealed

a.m.

public improvement bonds. Dated

purchase of $59,000 build¬

& Co., of Kansas

Parish

(CST) on June
purchase of $2,625,000

the

for

v

Lewiston, Me.

National

Rouge), La.

bids until

.

a

Amesbury, Mass.

Rouge Recreation and
Commision (P. O. Baton

Park

■

Police

bank to be desig¬
the successful bidder.

by

a

East Baton

ing bonds.

12

has

the

Commission,

Iowa

City

LouisNever¬

Parish

the

1,600,000 Watertown notes as 6s, Inc., of Benton Harbor, jointly,
plus $48,805.
/ •
at a price of 100.02, a net interest
2,260,000 Weymouth notes as 6s, cost of about 2.15%, as follows:
:.. plus $204,158.33.
$42,000 2%s. Due on May 1 from
839,000 Winthrop notes as 6s,
1955 to 1960 inclusive.
plus $50,904.34.
94,000 2%s. Due on May 1 from
3,790,000 Boston notes as 5.85s,
1961 to 1969 inclusive.
plus $224,183.50. 1 '
"
13,000 2V4S. Due May 1, 1970.
7,340,000 Boston notes: $3,670,000
13,000 iy4s. Due May 1, 1971.
6s, plus $222,651.68; and $3,13,000 Is. Due May 1, 1972.
670,000 5.95s, plus $220,796.28.
6,400,000 Boston notes: $3,200,000
Croswell-Lexington Rural Agricul.
School District (P. O. Croswell),
5.90s, plus $190,902.79; : and
V
$3,200,000 5.875s, plus $190,Michigan
r
%

.

Legality approved by Chapman &
Cutler, of Chicago, and Benton
& Moseley, of Baton Rouge/1

Bond

1956

Bond

nated

LOUISIANA

Inc., Chicago, as 2s, at a price of
100.55, a basis of about 1.94%. •

Offering—Earl

or'at

major north-south
turnpike system. '

29

Bros.

the

areas.

in

15 from

dated

are

of

Treasurer

Jury,

Governor

Kentucky

.

inclusive.

•

W. Wetherby has emphasized

1

808

■

Aug. 15,
195,4. Principal and interest (F-A)
payable
at
the
office
of
the

the turn¬

Secretary
of
the
Commission, will receive

Seymour Independent School Dist.,

bonds

No.

No.

Aug.

on

1984

'

ipal swimming pool bonds offered
July 6 — v. 179, p. 2855 — were
awarded to Halsey, Stuart & Co.,

receive

The

be opened to traffic
about the beginning of 1956.

man,

$225,000 munic¬

Due

to

1956

will

pike

Bond

Dubuque: Iowa

for the

It is expected that

road.

inclusive.

1973

to

Bond Sale—The

Bond

two
toll

grading and
draining
12% -mile segments of the

District

Road ' District

bonds.
,

p.

1955

from

been awarded

tracts have already

J uiy

offered

2855—were awarded
to
Shaw, McDermott & Co.,' of
Des Moines, at
a
price of par.
Dated July 1, 1954. Due on Nov. 1

6—v.

Louisville to Elizabethtown. Con¬

first link

;

r.

con¬

possiiblity of the
Kentucky turnpike becoming the

Corning),
_

!

*

sale of

40-mile toll turnpike from

a

admitted

bonds

house

struct

theless,

Adams County (P. O.
Iowa
Bond Sale—The

The

ville-Elizabethtown

IOWA

court

City.
*proceeds from the

t$ie bonds will be" used to

1965

1,

Company at 30 Broad Street, New
York

July

semi-annually
to

2

of

Sub-Road

of

Blyth & Comi-

at 10:00 a.m. in the offices
the Chemical Bank & Trust

1954.
from July 1,

-

Dated

bonds.

until

bids

on

34,000

pany,

July 20 for the
$200,000
building

(CDST)

p.m.

F.

(201)^ 49:

McDowell,

the bonds to Robert B.

Trustee,

Township

Kohlmeyer,
'will

Highway Commissioner, delivered
Vice-President of

Indianapolis), Ind. '■
Offering — Charles

■

Bond

The Commercial and Financial Chronicle

East

5376

-

.

.

Twp. Sch. Twp. (P. O.
Washington St.?

Warren
:

.

Due

obligation
on

Aug.

sewer

1

bonds

dated

Aug. 1,
1954. Principal and interest (F-A)
paj'able at the State Savings Bank,
Ann Arbor. Legality approved by
Miller, Canfield, Paddock & Stone,
of

are

Detroit.

Centerville School District, Mich.

1955

Due

1960 to

1968

1971

on

May

15

inclusive.

May 15 from

inclusive.

160,000 2%s. Due
1969 to

on

1959

to

365,000 2%s. Due

from

1954 to 1959 incl.

The

3V4s.

from

on

May 15 from

inclusive.

55,000 Is. Due May

15, 1972.

Plymouth, Mich.
Bond Sale—The $44,000 special
assessment
street
improvement
bonds

offered

July 6

—

v.

180,

p.

105—were awarded to McDonald-

Moore & Co.,

of Detroit.

Summit Township

No.

Bond Sale—The $175,000 school

6

Bond

building bonds offered July 1

School District

(P. O. Jackson), Mich.
Sale—The $150,000 build¬

—v.

ing bonds offered June 29—v. 179,,

to

p.

179, p. 2856—were awarded
McDonald-Moore & Co., De¬

troit, and the Berrien Securities,

awarded to H. V.
Co., and McDonald-

2856—were

Sattley

&

50

(202)

The Commercial and Financial Chronicle

&

Moore

Co.,

jointly."

7.

Summit
No.
■■

both

mer, Director, will receive sealed
bids until 6 p.m. (EST) on July

the

for

15

$35,000

of

purchase

1902
as

inclusive.

1971

Bonds

thereafter

and

due

in

callable

are

of April 1, 1957. Interest A-O.
West

Branch, Mich.

Bond Sale—The

$180,000 sewage
offered July 1—
2856—were awarded to
the State Savings Bank of West

-disposal

179,

v.

bonds

p.

Branch.

Washington, Mo.
Bond
000

Sale—An

water

the

to

removal

filtration

and

plant

Dated July 1, 1954. Due on
Jan. 1 from 1956 to 1961 inclusive.

Legality
approved
by
Dorsey,
Colman, Barker, Scott & Barber,
of Minneapolis.
Fergus
Certificate

Drews,

Falls,

Minn.

Offering—Harold H.

City

Clerk,

Will

bids until 5 p.m.

receive

(CST)

on

cates of indebtedness.

1, 1954. Due
1969

Aug.
Aug. 1 from 1955

on

inclusive.

interest

Dated

Principal

payable

at

and

suitable
bank to be designated by the suc¬
cessful bidder. Legality approved
by Faegre & Benson, of Minne¬
apolis.

the

and

May 1

on

Bond

Valley, Minn.

Offering

Kenneth

—

•$600,000 series A bonds.
Jan. 1 from

150.000

series

Jan.

W.

1

Due

1956 to
B

from

1975

bonds.

on

incl.

Due

1956 to

1975

on

incl.

bonds are
dated
July 1,
Principal and interest pay¬

able at

National

a

or

State

bank

to be

designated by the successful
bidder. Legality approved by
Borsey, Colman, Barber, Scott &
Barber, of Minneapolis.

Hennepin County Independent
School District No. 205 (P. O.
St. Louis Park), Minn.
Bond Offering—Harry J.

approved

by

Charles

Bond

Trauer-

July

6

179,

v.

—

awarded

to

a

at

interest

cost

of

100.10,

net

a

2.14%

about

as

follows:

$250,000 2x/4s. Due
2s.

Due

Jan. 1 from

apolis.
and

Polk

Counties

Joint

31 and

(P. O. Alvarado) Minn.
Bond Sale—The $80,000 build¬
ing bonds offered July 7—v. 180,
p. 105—were awarded to the Al¬
lison-Williams Co., of Minneap¬

2.90s,

at

100.04,

a

basis

2.89%.

MISSISSIPPI

179,

Co., and Allison-Williams

23/4s, at

as

"Clerk

of

the

BoardJ of

sors, will receive
til

11

sealed bids

(CST)
purchase of

the

a.m.

bonds.

Due

in

5

Supervi¬
un¬

July 12 for
$10,000 school

on

years.

MISSOURI

Ferguson, Mo.
Bond

Sale—An issue of $50,000

judgment
sold
of

to

funding

George

Kansas

2%s. * Dated
on

Feb.

clusive.

approved

1

K.

City,

Interest

by

Baum

2s,

as

June

from

bonds

1,

1955

(P. O. West Berlin), N. J.
Bond Offering—Leroy W. Flick,
Secretary of the Board of Educa¬
tion, will receive sealed bids un¬
the

p.m.
(DST)
purchase of

July
$80,000

21 for
school

on

bonds.

Dated Dec. 1, 1953. Due on

to

dcht, of St. Louis.




&

Dec.

from

1

1955

1968

to

inclu¬

Principal and interest (J-D)
payable at the Berlin National

Bank, Berlin. Legality approved
by Hawkins, Delafield & Wood, of
New York City.
Bloomfield, N. J.
Offering—J. Cory

Bond

Town

son,

Clerk,

John¬

will

July

19

$124,000

for

July

on

1

school
1

from

1

from

1955

to

Due

1955 to

payable
and

at

1959

York

awarded

the

&

Offering

Margaret I.

—

Crawford, District Clerk, will
bids

sealed

(DST)

until

3:30

re¬

p.m.

July 22 for the pur¬
$1,245,000 building bonds.
Dated Aug. 1, 1954. Due on Feb. 1
on

chase of

1984 inclusive. Prin¬

cipal and interest

(F-A) payable
Irvington National Bank &

Co., Irvington. Legality ap¬
proved by Hawkins, Delafield &
Wood, of New York City.
Mendon, Henrietta, Rush, Lima,
Avon, West Bloomfield, and
Victor

Central

Sch.

Dist.

(J-J)

Newark

Essex

Banking Co., Newark.
Legality approved by Hawkins,
Delafield & Wood, of New York
City.

Township School District
(P. O. Williamstown), N. J.

179,

p.

Trust

Co.,

Rochester,

will

(P. O. Honeoye
Falls), N. Y.

2857—were

awarded

to

Doo-

IV2S, at
price of 100.05, a basis of about
1.48%.
•

receive

Newburgh),

New York

Bond

Offering—Joseph' G. PaTown
Clerk,
will
receive

sealed

of

sealed

the

District
the

at

or

Smith,
until

(A-O)

Co., New York City. Legality

ap¬

Trust Co., New York City.

approved by Wood, King
Dawson, of New York City.

(J-D)

payable

the

offered

Vance

June

to

1 from

inclusive.

8,000 3y4s. Due
1960

April

on

1959

April 1 from

on

1967

Bond Sale—The $100,000 school
building bonds offered June 15—v.

cipal and

2.84%,

Schmidt, Poole, Roberts &
Parke, of Philadelphia, as 2.60s, at
100.21, a basis of about 2.57%.

Randolph Township School District
(P. O. R. D. No. 2, Dover), N. J.
Bond
Offering — Stephen E.
Armitage, Secretary of the Board
of Education, will receive
sealed
bids until 8

for the purchase of $385,000
build¬

ing bonds.

n.m.

(DST)

Dated

in¬

Due

on

Legality

1969

inclusive.

March

1

on

March
from

Principal

July 21
1,

1954.

1955

•

and

in¬

to

terest (M-S) payable at the Dover
Trust Co., Dover.

Legality

ap¬

interest

Central

(J-D)

payable

National

Washingtonville.

Bank

Legality

of

by Hawkins, Delafield
Wood, of New York City.

&

notes

offered

106—were

—

The

July

$17,840,000

8—v.

awarded

as

180,

to

Hutzler,

Salomon

New

York

Due

1956 to

1962

to

about

1972 to

1

on

June

on

June

1

from

1

from

Bros.

&

on

June

inclusive.

City,

at

5%, interest, plus $222,347.93.

Sale—The
June

2650

awarded

were

a

p.

The

offered

$1,058,000
July 7—

2858—were awarded to

& Trust Co., Cin¬
cinnati, as 2y2s, at a price oi
100.93, a basis of about 2.40%.

Grandview Heights
Grandview Ave.,

(P. O. 101$

Columbus), Ohio

Bond Sale—The $23,763.60
spe¬
assessment
street
improve¬

cial

ment bonds offered July 1—v. 179
2858—were awarded to J. A
White & Co., of Cincinnati.
p.

Bond

15—v.
to

Sale

179,
J.

p.

Lee

price of 100.03,

179,

v.

—

awarded

First

—

building

July 6

Co.,

Peeler & Co., of Durham, and the
Vance Securities Corp., of Greens¬

boro, jointly, at

bonds

Corp.,
Field,
Richards
&
Co., Fahey, Clark & Co., all of
Cleveland,
First
of
Michigan
Corp.,
Detroit,
and
Provident

to

a

Trust

National

both of

$100,000 water

bonds offered
—

179,

—

group composed of First Cleve¬

Harris

inclusive.

Selma, N. C.
Bond

a

(P. O-

City), Ohio

land

school
1 from

1967 inclusive.

1975

Sale

building
v.

from

inclusive.

1971

Grove

Bond

.

Lancaster City School District, Ohic

20,000 l3/4s. Due

p.

of

June

on

20,000 2%s. Due

follows:

$10,000,000 to Eastman, Dillon &
Co., New York Citv, at 5%
interest, plus $287,520.70.
7,840,000

6s.

1968

cost

follows:

1963 to

City Housing Authority,

Sale

interest

net
as

25,000 2x/2s. Due

New York

Note

a

$35,000

ap¬

proved

New York

par,

price of

a

of

Savings Bank

inclusive.

Randolph County, Asheboro School
District (P. O. Asheboro), N. C.

at

the

Franklin Local Sch. Dist.

15

Corp.,
Greensboro, and J. Lee Peeler &
Co., of Durham, jointly, at a price
of par, a net interest cost of about
3.62%, as follbws:
1955 to

Bank

cinnati.

awarded

Securities

$5,000 5V2S. Due

Citizens

water

$13,000

2650—were

the

Legality approved by
Peck, Shaffer & Williams, of Cin¬

Sanitary District, Alamanae
County, N. C.
bonds

at

Felicity.

River

p.

purchase of $194,000 building

bonds. Dated June 1, 1954. Due on
Dec. 1 from 1955 to 1977 inclu¬
sive. Principal and interest

CAROLINA

and

composed of J. B. Hanauer & Co.,
Co., both of Newark,

the

&

J. R. Ross &

group

Bond Offering — Velma Mar¬
riott, Clerk of the Board of Edu¬
cation, will receive sealed bids
until noon (EST) on July 17 for

Legal¬

ity

Greensboro, jointly, at

a

Felicity-Franklin Local School Dist•
(P. O. Felicity), Ohio

(A-O)

1, 1954. Due on June 1
from 1955 to 1988 inclusive. Prin¬

2857—were awarded to

basis of about 2.18%.

payable at the District Treasurer's
office, or at the Marine Midland

179,

$14,950.90 street

improvement bonds offered July 2
179, p. 2858—were awarded
to McDonald & Co., of
Cleveland,
as
2y4s, at a price of 100.39, a

York

Sale—The

Fox, Reusch & Co., of

—v.

Oct. 1 from 1955 to 1983 inclu¬

sewer

Ohio

The

Cambridge, Ohio

Schrub Oak),

sive. Principal and interest

Bond

—

Bond Sale—The

ing bonds. Dated July 1, 1954. Due

and

Park,

Sale

Cincinnati, as 2V2s, at a price of
101.16, a basis of about 2.29%.

for the purchase of $165,000 build¬

Haw

City. Legality approved
& Pershing, of New

awarded to

Central School District

NORTH

in

$139,393.63
improvement bonds offer¬
July 6—v. 179, p. 2858—were

ed

Bond Offering — Walter Panas,
District Clerk, will receive sealed
bids until 2 p.m. (DST) on July 15

on

re¬

office

water

Valley, Carmel and Phillips-

New

will

his

City.

Bond

City.

No. 1 (P. O.

at

Mitchell

Yorktown, Somers, Cortlandt, Put¬
town

Easter-

OHIO

proved by Wood, King & Dawson,

nam

bids

Brook

Trust

Dated June

p.

on

by

York

office,

179, p. 2650—were awarded to J.
Lee Peeler & Co., of
Durham, and
the
Vance
Securities
Corp.,
of

$380,000 build¬
ing bonds offered July 1—v. 179,

New York

2

payable

Midland

E.

000 water and sewer bonds. Dated
June 1, 1954. Due on June 1 from
1957 to 1968 inclusive.
Principal
and
interest
(J-D)
payable in

Education,

bids

Treasurer's

Marine

1 from

June

inclusive.

Commission,

sealed

1955 to 1979 inclusive. Prin¬

cipal and interest
at

1983

on

Raleigh, until 11 a.m. (EST) on
July 13 for the purchase of $42,-

(DST) on July 14 for the
purchase of $125,000 school bonds.
Dated July 1, 1954. Due on Oct. 1
from

inclusive.

Offering—W.

ernment

ceive

as

p.m.

New Windsor, New Windsor Water
District No. 3 (P. O.

Bertha

—

Board

June 1 from

on

1980

ling, Secretary of the Local Gov¬

(P. O. Yorktown Heights), N. Y.
Offering

'

Wake Forest, N. C.

Bond

par.

of the

to

1981 to

The

—

bids until 2:30 p.m. (DST)
July 14 for the purchase of
$68,000 water improvement bonds.

Bond Sale—The

1973

15,000 1M>S. Due

$18,000 fire
bonds
offered July
1—v.
2858—were awarded to the

truck

to

1

Sale-^-The $68,000 build¬
ing bonds offered July 7—v. 179,

risi,

40,000 3x/4s. Due

Webster, N. Y.
Sale

June 1 from

on

1965 inclusive.

1969 to 1972 inclusive..

Trust Co., Schenectady, or at

Bond

from

1

15,000 6s. Due on June 1 froitt
.1966 to 1968 inclusive.
20,000 3s. Due on June 1 from

Chase National Bank of New

—v.

Bond

p.

1960 to

Principal and in¬
payable at the Citi¬

(F-A)

June

on

1959 inclusive.

36,000 23/4s. Due

Aug. 1 from 1955 to

on

6s. Due

1956 to

City. Legality approved by
Vandewater, Sykes, Heckler &
Galloway, of New York City.

Bacon,
George B.

Greenburgh Union Free Sch. Dist.
No. 2 (P. O. Irvington), N. Y.

ceive

$24,000

York

to

Co., and
Gibbons
&
Co.,
Inc.,
both
of
New York City, jointly, as 2.30s,
at 100.28, a basis of about 2.26%.

Bond

Bogg,

inclusive.

terest

a

interest

National

Due

of New York

little & Co., of Buffalo, as

1964 inclusive.

the

dated

Ellery Central Sch.
(P. O. Mayville),

1

106—were

in¬

and

in¬

Sale—The $280,000 build¬

on

1980

clusive. Dated Jan. 1, 1954.
49,000 school bonds. Dated July
1, 1954. Due on July 1 from

Principal

1983

to

on

ing bonds offered July 8—v. 180,

No.

bonds.
to

1954.

Bond

No.

Stevenson

Vance Securities
Corp.,
Greensboro, and J. Lee Peeler &
Co., of Durham, jointly, at a price
of par, a net interest cost of about
3.15%, as follows:

1983 in¬

to

1955

are

Portland and

p.

the

until

Trust

of

1955

from

on

Chautauqua, Stockton, Westfield,

1967 inclusive.

261,000

Due

M.

R.

—

June 1, 1974.

on

179, p. 2650—were awarded to

v.

Wappingers

Clerk, will receive sealed
2 p.m. (DST) on July
15 for the purchase of $1,900,000
building
bonds.
Dated
Aug. 1,

bids

from

1

Bond Sale—The $150,000 school
building bonds offered June 15—

District

bids

cial Bank & Trust Co., Albany.
Legality approved by Reed, Hoyt,
Taylor & Washburn, of New York
City.
!

(DST)

purchase

improvement
July 1, 1954.

Dated

1955

$35,000 fire
July 8—v.

par.

Offering

June

on

10,000 l3/4s. Due

Yorktown, New Castle and Cortlandt Central School District No. 2

bonds

at the

follows:

as

general

bonds.
Due

the

bonds.

of

2.10s, at

Edu¬

sealed

May 1,
1954. Principal and interest (M-N)
payable at the National Commer¬

receive

bids until 8:30 p.m.

and

Trauer-

from

from 1956 to

Co.,

1969

Nov.

sive.

&

Due

1

offered

from

1

inclusive.

Sampson County, Clinton School
District (P. O. Clinton), N. C.

New York

Bond

clusive.

Bond

Township School District

2V4s

1954.

F-A.

Charles

was

Nov.

The

—

Due

3s.

June

on

1963

to

1964 to 1973 inclusive.

Schenectady City School District,

1.90s, at

NEW JERSEY

8

of

Board

series A

54,000

at par.

Bank

as

$68,000

New

til

Falls,

Union

Dist.

Berlin

National

(DST) on' July 20 for
the purchase of $1,658,000 school
building bonds, as follows:

par.

Monroe

(P. O. Lucedale), Miss.
Bond
Offering—W. A. Rouse,

the

receive

Sale
bonds

6s. Due

1955

New York

Clerk

2649—were awarded to a group
composed
of
Piper, Jaffray
&
Hopwood, Kalman & Co., J. M.
Co., all of Minneapolis,

of

will

until 2 p.m.

inclusive.

ing bonds offered July 1—v.

George County, Agricola Special
Consolidated School District

cation,

1,500,000 series B bonds. Due

Lodge County High School
District (P. O. Anaconda), Mont.
Bond Sale—The $450,000 build¬

Jan.

287

Delmar), N. Y.

from

1

Deer

Dain &

O.

Offering—John E. Glenn,

President

$36,000

of

Poughkeepsie, New Hamburg Fire
(P. O. Wappingers Falls),

zens

•,

tral School District No. 6 (P.

The

,

Jndep. Sch. Dist. Nos.

basis of about 2.37%.

Bethlehem and New Scotland Cen¬

inclusive.

1974

to

1971

tion to be

designated by the suc¬
cessful bidder.
Legality approved
by Faegre & Benson, of Minne¬

Goldman, Sachs & Co.,
Union Securities Corp., Aubrey G.
Lanston & Co., Gregory & Son,
Inc., J. G. White & Co., and Free¬
man
&
Co., all of New York
City, as 2.40s, at a price of 100.27,

100,000 2y4s. Due on Jan. 1 from

$434,000 bonds,

suitable .banking institu¬

Co.,

Bond

2^s,

as

Bank

3.23%

follows:

as

District

—

clusive.

Jan.

on

1970

to

1965

on

Owego,

National

Monday, July 12, 1954

.

.

net interest cost of about

a

fire

$7,000

180, p. 106—were awarded to the

Bond
Sale
The
$2,600,000
building bonds offered July 8—v.
108, p. 106—were awarded to a
group composed of Smith, Barney

a

The

—

Owego

Bond

Amherst Central High Sch. Dist.
No. 1 (P. O. Buffalo 21), N. Y.

1964 inclusive.

1955 to

150,000

Jan. 1 from 1956 to 1975 inclu¬
sive. Principal and interest pay¬

about

of

price

a

Olson,

on

as

were

—

composed of

White, Weld & Co., New York
City, Foster & Marshall, Blyth &
Co., both of Seattle, William Blair
&
Co., Chicago, Bosworth, Sul¬
livan & Co., Denver, and Edward
L. Burton
& Co., of Salt Lake

on

Marshall

2649

p.

group

ing bonds. Dated July 1, 1954. Due

a

offered

Valley, N. Y.

Sale

the

to

house

NEW YORK

&

bonds

revenue

sealed

of

&

Sale—The $500,000 water

system

bids until 3 p.m. (CST) on
July 15
for the purchase of
$750,000 build¬

olis,

Legality

Billings, Mont.

District Clerk, will receive sealed

able at

1955 to 1964

any

Bahn, Village Clerk, will, receive
sealed bids until 8 p.m. (CST) on
July 20 for the purchase of $750,000 general obligation Sewer Im¬
provement No. 1 bonds, as follows:

The

from

—

2.67%.

Trust

Interest M-N.

The

$37,500 im¬
provement and equipment bonds
offered July 1—v. 179, p. 2754—
were awarded to
Boland, Saffin &
Co., New York City, as 2.70s, at a
price of 100.12, a basis of about

Franklin

1V2S and 1 %s. Dated May 1, 1954.
Due

inclusive.

Plainfield, N. J.

Sale

Newark
Bond

truck purchase bonds offered July
7—v. 179, p. 2857—were awarded

sold

p.

Golden

South
Bond

Co., St.
County
Bank, of Washington, jointly, as

City,

July 12 for the purchase of $95,000
street
improvement certifi¬

1954.

$100,-

was

MONTANA

bonds.

to

bonds

Mercantile

Louis,

MINNESOTA

sealed

of

issue

works

nicht, of St. Louis.

Bovey, Minn.
Bond Offering—Forrest F. Foss,
Village Clerk, will receive sealed
bids until 7 p.m. (CST) on July 19
for the purchase of $30,000 iron

by Hawkins, Delafield &
Wood, of New York City.

revenue

4.34%.

bonds.
Dated Aug.
1,
Due on April 1 from 1955

1954.

proved

bonds offered July
7—v. 179, p. 2857—were awarded
to a group headed by Stern Bros.
& Co., of Kansas City, as 4x/4s, at
a price of 97.67,
a basis of about
port

building
to

Mo.

City,

Bond Sale—The $18,700,000 air¬

Township School District
(P. O. Jackson), Mich.
Offering—Marion M. Pal¬

2

Bond

Kansas

Detroit,

of

.

.

.

St.

The

p.

2858

group
&

$2,490,00(

bonds

offeree

composed oi

Savings

Bank

were

—

of

Bank

Chicago

Chicago, Mercantile
Louis,

Salomon

Trus

Bros.

&

Hutzler, New York City, Merrill
Turben & Co., and Wm. J. Merickf
&

at

Co., both of Cleveland,
a

price

of

about 2.16%.

100.85,

a

as

2*4s

basis

o:

Volume

Number 5341

180

The Commercial and Financial Chronicle

...

(203)
<»

;: /' t-

«

vi

r

Marysville Exempted Village
School District, Ohio
;

OREGON
Benton County Consol. Sch. Dist.

Bond

Offering—H. J. Coleman,
Clerk of the Board of Education,
will receive sealed bids until

(EST) on July 19 for the purchase
$29,500 building bonds. Dated
Jan. 15, 1954. Due on Nov. 1 from
1954

inclusive.

1963

to

No. 8

noon

of

M-N.

Interest

(P. O. Route I, Corvallis),
Oregon

Bond Sale—The $75,000 general

obligation

180,

—v.

Massillon City School District, Ohio

Offering

H.

will receive sealed bids until

p.

a

1956

Oct. 1 from 1956 to 1963 inclusive.

Interest A-O.v

to

Due
1965

Due

on

on

Jan. 1, 1966

18,000 2V2S.
1968 to
The

purchase

Due

on

Jan. 1 from

bonds

are

dated

until

of

1,

July 20 for the

$70,000

building

County, Black Butte Sch.

Dist. No. 41

(P. O. Camp
Sherman), Ore.

Bond

bids

Offering

-

-

1965

Bond Sale—The $295,000Mu¬
nicipal Hospital bonds
offered
July 7—v. 179, p. 2858— were
awarded to Paine, Webber, Jack¬
son & Curtis, of Chicago, as
2V4S,
at price of 101.03, a basis of about
*

on

Feb.

inclusive.

1

from 1956 to

Interest

) v

until

for

—

Ruth

Bruns,

8

the

(PST)

p.m.

purchase

July

on

of

$6,000

school building bonds. Dated July

to

1960

interest

Medford, Ore.
Bond Sale—The

provement

179,

—v.

to

clusive.

$100,061.14 im¬

bonds

offered

2858—were

p.

Blyth

& Co.,
National

States

on

and

July

6

awarded

the

Bank,

cal

agency
York City.

United

both

inclusive.

Principal and

(J-J)

payable

at

the

of

District

Offering—Alta
'

loch,

&

Sayre,
i

of

Port¬

on

Jan.

1

from

to

1965

Legality approved

ley,

Offering —Hugh McKinr-

City

Manager,/ will

in¬ sealed bids until 11

v..W- r":;
Parma, Ohio

*

'Bond

Offering—Joseph S. Lime,
City Auditor, will receive sealed
bids until

(DST)

noon

July 27

on

for the purchase of $300,000 swim¬

ming pool bonds.
1954.
to

Due

Dated

July

1,

Dec. 1 from 1955
inclusive. Principal and

1964

interest

pn

(J-D)

Cleveland

payable

the

at

Trust

Co., Cleveland.
Legality approved by Squire, San¬
ders & Dempsey, of Cleveland.
Stone Creek-Jefferson Local School

District (P. O. Stone Creek), Ohio
Bond Offering—Sealed bids will

be

received

by

the

the

Board

of

Education

1

(EST)
purchase
oil
bonds.
Oct.

on

Secretary

of

until

.

a

father?

July 23 for the
$28,000
building
Dated June 1, 1954.
Due

p.m.

1

clusive.

on

from

1955

Principal

(A-O)

payable

to

1968

Lost

in¬

and

the

Needlessly?

interest

Citizens

at

National Bank, New Philadelphia.

Although

Legality

cured of

approved

by

Squire,
Sanders & Dempsey, of Cleveland.

awarded to McDonald &

were

of

Cleveland,

$33,798.68

special

«

mother?

Co.,

improvement bonds
at

of their bodies before proper treatment

of

100.14,

basis

a

That's

about 1.70%.

most

18,000.00 fire station bonds as
2%s, at a price of 101, a basis
of about 2.05%.
Westlake

could

Exempted

Village

First :

Sch.

year

ing bonds has been changed from
July 20—v. 180, p. 106 to July 27.

until

will

Roy

7:30

receive

(CST)

p.m.

bids

breast

or

July

on

12

a

friend?

go

any one

does not heal

Harsh-

sealed

that, since

best

your

thorough health check-up

how well

and

elsewhere

danger signals that

straight to

equipment bonds.
Due
serially from 1956 to 1965 incl.

your

a

(3)

or

may

doctor at the

of ihem-(l) Any

sore

that

thickening, in the

Unusual bleeding

discharge (Jf) Any change in

a

wart

or

or

mole (5)

difficulty in swallow¬

ing (6) Persistent hoarseness

and

every

feel (twice

35)

Persistent indigestion or

for the purchase of $30,000 build¬

you may

(2) A lump

berger, Clerk of the Board of Ed¬
ucation,

you

be cured,

can

To learn the 7

cancer,

first sign of

No. 40 (P. O. Norman), Okla.

a

women over

second:

Cleveland County Indep. Sch. Diet.

—

keep reminding

cancers

To have

for

mean

OKLAHOMA

Offering

we

year no matter

Sale Date Changed — Date of
sale of the issue of $500,000 build¬

Bond

why

early

"insurance" is:

District, Ohio

ing

can¬

spread and "colonized" in other parts

as

l%s,

had

cers

be started.

assessment

street

others—who might have

been saved—lost thejr lives because their

follows:

as

were

last year, the tragic truth is

that at least 70,000

Struthers, Ohio
Bond Sale—The $4,798.46 bonds
offered July 2—v. 179, p. 2858—

than 70,000 Americans

more
cancer

or

cough (7) Any

change in normal bowel habits.

Hobart, Okla.
Bond

Sale—The

For

$118,000 sew¬
treatment plant and sanitary
improvement
bonds
of¬

age

fered

July 7

were

awarded

curities
and

Co.

the

to

of

First

180,

v.

—

the

106

p.

First

Kansas,
National

more

lifesaving facts about

the American Cancer

sewer

you, or

—

address

your

cancer,

Society office

phone

nearest

letter to "Cancer"—in

Se¬
care

Wichita,
Bank

of your local Post Office.

of

Hobart, jointly.
Sale consisted of:

85,000

treatment

sewage

plant

bonds. Due serially from 1957
to 1965 inclusive.

33,000

sanitary

mains

sewer

bonds. Due serially from 1957
1963 inclusive.

to

Stilwell, Okla.
Bond

ity

Offering—Joe

Clerk,

will

ids until 8 p.m.
or

the

ewage

xtension
rom

Carson,

a

neighbor?

American Cancer

Society

sealed

(CST)| on July 13

purchase

disposal

H.

receive

of

plant

bonds.

$226,000

and

Due

sewer

serially

1956 to 1977 incl.




.

Sutherlin, Ore.
Bond

$500,000 build¬

1956

receive

Sayre, of Portland.

ing bonds. Dated July 1, 1954. Due

land.

Bartram>

will

by Winfree, McCulloch, Shuler &

bids until 8 p.m. (PST) on July 20

Culloch, Shuler & Sayre, of Port¬

fis¬
New

Feb. 1 and Aug. 1 from 1955 to

on

Clerk, will receive sealed

land.

in

(PST) on
July 15 for the purchase of
$121,412
improvement bonds.
Dated
Aug. 1, 1954. Due
semi-annually

Bond Offering—Helen V. Zeller,

for the purchase of

Shuler

Secretary,

1964 inclusive.

County Treasurer's office. Legal¬

the

sealed bids until 8
p.m.

No. 3 (P.O. Parkrose), Ore.

ity approved by Winfree, McCul-

County

at

State

Roseburg Sanitary District
(P. O. Roseburg), Ore.

Bond

Multnomah County School District

Le¬

or

North

179, p. 2858—were awarded
to Blyth & Co., of
Portland, as
3s, at a price of 98.11, a basis of
about 3.11%.

gality approved by Winfree, Mc-

F-A.

the

interest

the

Winfree,
Sayre, of Portland.

—v.

District

of

and

Legality approved by
McCulloch, Shuler &

Sale—The $68,000 general
obligation bonds offered July 6

;

Principal

•

(J-J)
payable
at
Treasurer's office,

Multnomah County, Richland Water
District (P. O. Portland), Ore.

July 1 from 19£>5

51

U

Bond

Clerk, will receive sealed

1, 1954. Due

Aug.

,:XO *

I-

Portland, jointly.

Jefferson

13

1970 inclusive.

J

,

bonds.

District

and 1967.

*

be received

1 from

Jan.

■' iJ

Bond Offering—Sealed bids will

of Port¬

inclusive.

y

Douglas County School District No.
UH-13 (P. O. Reedsport), Ore.

price of par, as follows:

10,000 2y4s.

1954. Due

2.i3%.-

7

:."t> >

-

Oberlin, Ohio

,

July

Bank

noon

(EST) on July 26 for the purchase
of $32,000 building bonds. Dated
Aug. 1, 1954. Due on April 1 and

*

offered

106—were awarded to

$47,000 21/2s.

S.

Zepp,
Clerk of the Board of Education,
—

bonds

the First National

land, at

,

Bond

/

<•»-:

1

a.m.

receive

(PST)

on

i

52

The Commercial and Financial Chronicle

(204)

bids until 8 p.m.

(DST) on July 19
purchase of $20,000 im¬
provement bonds. Dated Aug. 1,
1954. Due on Aug. 1 from 1955 to
1962 inclusive. Principal and in¬
terest payable at the Philadelphia
National Bank, Philadelphia. Le¬
gality
approved
by
Townsend,
Elliott & Munson, of Philadelphia.

July 12 for the purchase of $475,000 sewage system bonds. Dated
Sept. 1, 1954. Due on Sept. 1 from
1955 to 1974 inclusive.
Interest
M-S.

County School District

Wallowa

No. 6 (P. O.

Enterprise), Ore.
Begley,

W.

Offering—S.

Bond

will receive sealed
bids until 6 p.m. (PST) on July
12
for the
purchase of $30,000
building bonds.
Dated July 1,
District Clerk,

1954. Due

1958

on

inclusive.

terest (J-J)

1 from 1956 to

Jan.

Principal and in¬

payable at the Coun¬

ty Treasurer's office, or at the fis¬
cal agency of the State in New
York

City. Legality approved by
Winfree,
McCulloch, Shuler &
Sayre, of Portland.

the

for

West
Bond Sale

107—were

Bond

Offering

—

awarded

to

a

group

composed of Halsey, Stuart & Co.,
New

York City,
Stroud & Co.,
Philadelphia, and A. E. Hasten &
Co., of Pittsburgh, as 2V4S, at a
price of 101.06, a basis of about
2.13%.

White{Haven, Pa.
Sale—The

Bond

Pa.
Geo. W. Kist-

ler, City Clerk, will receive seal¬
ed bids unti| 11 a.m.
(DST) on
July 20 for the purchase of $1,500,000 improvement bonds. Dated
Aug. 1, 1954. Due on Aug. 1 from

obligation

bonds

179,

—v.

p.

in 1971 and thereafter are callable

1970. Principal and
interest (F-A) payable at the City
Treasurer's office.
Legality ap¬
of Aug.

2V2S, at

as

a

price

of par.

by Townsend, Elliott
Munson, of Philadelphia.
.

&

bids

until

3

receive

will

Clerk,

sealed

on July
$125,000
general obligation water improve¬
ment bonds. Dated Aug. 1, 1954.
Due on Aug. 1 from 1955 to 1974
inclusive. Principal and interest

the

for

p.m. (DST)
purchase of

payable at the National Bank of
Coatesville. Legality approved by
Townsend, Ellitt & Munson, of
Philadelphia.
v
Lower Bucks County Sch. Author¬

ity (P. O. Langhorne), Fa.
Bond Offering—John J. Miad-

jen, Secretary, will receive sealed
bids until 8 p.m. (DST) on July IS
for
the
purchase' of $1,640,000
school revenue bonds, as follows:
Due

$760,000 bonds.
from 1955 to

on

Aug. 1

inclusive.

1979

880,000 bonds. Due Aug. 1, 1994.
The

bonds

Aug. 1*
51954 and those maturing in 1960
thereafter

and

callable

are

as

of

Aug. 1, 1959. Principal and inter¬
est (F-A) payable at the Farmers
National Bank of Bucks County,
Bristol.
Legality
approved
by

Morgan,' Lewis
Philadelphia.

ing bonds offered July 7—v. 179,
2859—were awarded to Alester

p.

Co., of Greenville, and
Co., Inc.,
of Atlanta, jointly, as 2s, at a price
of 100.06, a basis of about 1.99%.
SOUTH

Minnehaha

&

Bockius,

sealed

until

will
7:30

re¬
p.m.

July 12 for the pur¬
chase of $100,000 general obliga¬
tion bonds. Dated Aug. 1, 1954.
Due on Aug. 1 from 1955 to 1969
inclusive. Legality approved by
Burgwin, Ruff in, Perry & Pohl,
of Pittsburgh.
(DST)

on

Sharon
Bond

Hill

—

Hibbard

will

(CST) on, July 12 for the
purchase of $6,000 school
im¬
provement bonds. Dated July 1,
1954. Due on July 1 from 1955 to
1957 inclusive. Principal and in¬
terest (J-J) payable at a banking
institution to be designated by the

L*

..




:

—

awarded

San

Bond

Sale

—v.

179,

to

group

a

South Dakota

of the Board

bonds.

tional

July

1,

Note

Offering—W.

Texas

failure to advertise the sale in the
local press as

provided by law.)

100.10,
2.71%,

a

Independent School
District, Texas

000

Sale—An

building

issue

bonds

awarded

net interest cost of about

follows:

as

1955 to

of

was

sold

County, Marysville Sch.

QUEBEC
Pont-Viau,

; Bond Sale—The $235,000 build¬

Bond

500

Corp.,

179,

July 15 from

on

Due

1978 to

on

of

County Sch. JJist. No. 9

(P. O. Osage), Wyo.

Bank of

jointly,

dike, District Clerk, will receive
bids until 4 p.m. (MST)
on
July 17 for the purchase of

from

1

June

&

Co.,

and

$422,-

sold

was

to

Royal

the

Canada, both of Toronto,
3s, at a price of 95.53,
of

1,

from

of

issue

bonds

as

basis

a

sealed

about

3.73%.

Dated

1954.

1955 to

Due on June
1974 inclusive.

Board of Governors of IheFed. Reserve
BUSINESS

1

of $120,-

sold to the

was

inclusive.

Whitesboro

«

V

*

**S

.

-J

;

•

Durable

school

building

total

1, 1954.

to

1982

par.

Due serially

inclusive.

Le¬

123

136

*125

125

138

134

156

*136

137

157

115

123

*113

113

119

111

117

*113

110

118

*118

116

138

*115

119

133

„

—>w—

_

durables

126

153

*126

131

♦145

139

160

*146

151

162

L.

*118

117

148

*109

116

136

durables

*93

93

104

♦92

92

102

t

*198

161

t

♦228

195

consumer

"130

1

—

Household

Other

3V4S, at

as

—

Major

consumer

Construction

Residential

t

~

___

Employment and payrolls—
Nonagricultural empl., total—
Manufg. production workers—
Employment, totaliu-^_n__
Durable

callable

1960

as

110.0

103.0

114.2

*100.4

101.8

112.3

"108.2

109.5

125.1

*107.7

109.4

124.5

"95.0

95.3

101.4

*91.8

92.9

98.0

U34.9

135.0

151.9

—...

113.3

84

83

98

86

81

100

store sales,

value-

tl09

110

117

tl08

109

115

v,alue_

t

120

127

t

127

§New
pp.

indexes.

132

438-452.

For -description

"Preliminary*.

NOTE—Construction
tered

second

at

indexes of
of

month,

Federal

see

tEstimated.

■

Contract

Of F. W.

Reserve

Bulletin

for

May,

1954,

tNot available.

indexes

Dodge

based

data

employment and payrolls are

3-month

on

for

37

compiled by

Eastern
based

or

moving

averages,

States.

The

data

on

of

cen¬

unadjusted
the

Bureau

Statistics.

Labor

^^INDUSTRIAL PRODUCTION

and

(1947-49

of Aug.

1959. Principal and interest
(A-O) payable at the City Treas¬

196

*109.7

■

•Bond Offering—C.

are

194

*209

*102.1

Payrolls, total-—
Department

Bonds due in

*257

t

113.9

.=—ssl,

Department store stocks,

Newport News, Va.
L. Williams,
City Clerk, will receive sealed
bids until 2 p.m. (EST) on July 19
for
the
purchase
of $2,500,000
water bonds. Dated Aug. 15, 1954.
Due on Aug. 15 from 1955 to 1974

t

159

110.4

Freight carloadings

VIRGINIA

164

*185

*110.2

—

Nondurable

*218

t

—

All other

gality approved by Dumas, Hu¬
guenin & Boothman, of Dallas.

147

contracts, value-

Total

sold to the Central Investment Co.

Dallas,

•123>

139

May

*

*117

:■■££&

.

IConsumer durable goods—

Autos

$114,bonds was

137

125

May

•112

Nondurable
minerals

^

•

of

123

*135

«

Total

District, Texas
issue

1953

Apr.

"125

,

Manufactures—

Independent School

Sale—An

1954-

May

s —-

Total

2V2s and 3s. Dated
Due serially from

1980

-Unadjusted-

1953

Apr.

"126

Industrial production—

Investment Cq. of Texas,
as

averag«=l0Q

Seasonally Adjusted
1954

issue

System

INDEXES

May

Sale—An

1972

school

Gairdner

Bond Offering—Wallace R. Up¬

School

Legality
approved by Dumas, Huguenin &
Boothman, of Dallas.

000

June

on

Sale—An

Bond

1984 inclusive.

building bonds

Bond

June 1 from

on

1964 inclusive.

Valley field Sch. Commision, Que.
000

District, Texas

Dallas,

group

1965 to 1974 inclusive.

WYOMING

1947-49

000

1955 to

181,000 4s. Due

and Robert W. Baird & Co.,
Milwaukee, jointly, as 1V2S, at
101.15, a basis of about 1.28%.

July 15 from

Uvalde Independent
Bond

a

or

$144,500 3M>s. Due

of

,

$325,sewage

follows:

as

offered

cago,

Weston

of

and

sold to

was

Toronto, Belanger, Inc.,
Morgan, Kempf & Co., both
Montreal, at a price of 96.75,
net interest cost of about 4.37%,

to the First National Bank of Chi¬

1966 to 1977 inclusive.

-

a

$800,000 school
July
8
2860—were awarded

p.

works

and

of

LaCrosse, Wis.

—v.

water

Que.

issue

composed of Dominion Securities

WISCONSIN

bonds

Sale—An

works bonds

of Seattle.

average=100)

Seasonally Adjusted

15,
to

$40,000,000 Treasury bills was
on July 8,
as follows:
$35,000,000, due Oct. 8, 1954, at 1.45%
yield; and $5,000,000, due April 7,
1955, at 1.76%.
sold

Washington

960,000 2%s. Due 6rt July 15 from

thereafter

$300,-

of

at

office.

1965 inclusive.

420,000

inclusive.

Lefors

Bond

The

—

(Dominion of)
Bills Sold—An issue

Treasury

interest

and

Bond Sale—The

L.

Collins,
Secretary, will receive sealed bids
until noon (EDST) on July 15 for
the purchase of $32,000 series A
notes. Dated Aug. 1, 1954. Due on
Aug. 1 from 1955 to 1962 inclu¬
sive.
(The previous offering on
June 29 was nullified owing to

CANADA
Canada

1956 to

Dist. No. 305 (P. O. Everett),

&

Bank, Dallas Union Secu¬
rities Co., and M. A. Hagberg &
Co., all of Dallas, at a price of

from

Housing Authority,

Snohomish

tional

Dated June

TEXAS

Denver.

the County
Legality ap¬
proved by Preston, Thorgrimson
& Horowitz, of Seattle.

Bank of New York,
First Southwest Co., Republic Na¬

of Texas, of

1954.

payable

(F-A)

Treasurer's

City

of Education,

Dated

County.
Legality
approved
by
Tallmadge & Tallmadge, of

Lund,

composed of the Na¬

'i.

P. Linster,

will receive sealed bids until July
12
for
the purchase of $29,000

building

McClung

2756—were

p.

to

Clerk

to

$1,500,000
school house bonds offered July 1

1955

Offering—Carl

Principal

Pacific National Bank

Angelo Independent School
District, Texas

15, 1954;

Bond

Aug.'f*Yr6m

on

incl.

1974

building

June

Jefferson Indepen.
Sch. Diet. No. 1 (P^O. Elk Point),

Due

1954.

improvement bonds
July 7—v. 179, p. 2858—

of Sioux Falls.

County,

Arthur

Treasurer, 3*^11 receive
(PST) on
July 28 for the purchase of $350,000 building
bonds£0a|ed Aug. 1,

bridge

Central

Union

—

on

office of the Treasurer of Weston

ing bonds offered July 1—v. 179,
p. 2860 — were awarded to the

Lavaca, Texas

Legality apr
proved by Danforth & Danforth,

bidder.

successful

G.

Gumpert, Secretary of the Board
of Directors, will receive sealed

and

Berg,

p.m.

School District, Pa.

Offering

Theo.

—

Offering

Legal¬
—•

$120,000 4s. Due

,

Secretary,
bids

Offering

of

Offering—Paul B. Grein-

Borough

ceive

Dakota

the Board of Education,
receive sealed bids until 8

Ridgway, Pa.
er,

Baltic Indep.
(P. O. Baltic),

Clerk of

Knox
Bond

115

South
Bond

DAKOTA

County,

Sch. Diet. No.

dated

are

$135,000 build¬

G. Furman

Bond Offering—F. P. Pennegar,

Port

1955

Washington

Bond

American

Austin.

of

1

Dated

bonds.

July 1 from
to 1964 inclusive.
Principal
interest (J-J) payable at the

and

Bond, §^le—The $600,000 street

Carolina

the Robinson-Humphrey

Coatesville, Pa"

21

South

Sale—The

the

at

Bank

be

to

from date
and interest

Principal

building
July 1, 1954. Due
$125,000

ap¬

Kitsap County, South Kitsap School
Dist. No. 402 (P. O. Port Orchard),

Knickerbocker, of Houston.

Spartanburg Metropolitan District,
Bond

bonds

years

ler, of Chicago.

were

CAROLINA

SOUTH

15

payable

offered

1,

proved

City

(F-A)

for

asked
after

issue.

of

2858—were awarded
Savings Bank,

Haven,

Fore¬

Offering—Artie B.

are

Legality

sealed bids until 4 p.m.

hand, President of the Board of
Trustees, will receive sealed bids
until 8 p.m. (CST) on July 27 for
the purchase of $992,000 building
bonds. Dated Aug. 1, 1954. Due on
Aug. 1 from 1955 to 1979 inclusive.
callable

M-S.

Interest

Monday, July 12, 1954

County

School District, Texas

Bids

1955.

proved by Preston, Thorgrimson
& Horowitz, of Seattle.

ity approved by Chapman & Cut¬

$7,000 general
offered July 6

1955 to 1984 inclusive. Bonds due

as

Levelland Consolidated Indep.

to the White Haven

of White

Interest

Legality approved by Dumas,
Huguenin & Boothman, of Dallas.

National

PENNSYLVANIA
Allentdwn,

The $600,000 gen¬

—

inclusive.

1964

to

1955
J-D.

Bond

obligation
sanitary
sewer
bonds offered July 6—v.; 180, p.

of

Texas, San Antonio, as 2s and
2V4s, at a price of par. Dated
June 1, 1954.
Due serially from

Mifflin, Pa.

eral
,

the Columbian Securities Corp.

.

.

.

1954

Durable Manufactures:1"

1953

-Unadjusted1954-

office.

Legality approved
by Wood, King & Dawson, of New
York City.

1953

of

May

106

104

109

108

142

146

139
169

148

150

170

119

118

139

119

119

139

138

138

162

139

141

163

125

126

146

126

128

148

164

163

194

163

166

192

177

172

192

179

179

194

156

Sept.

1,

Instruments

Clay,

137

Stone,

Lumber

and

Furniture

and

Furniture

Textiles

137

140

127

123

123

135

t

128

135

$

113

119

$

119

122

118

117

135

114

115

130

104

104

123

100

102

118

127

126

143

124

125

139

103

miscellaneous

and

fixtures^.-..

manufactures..

101

97

111

apparel
products.

INC.
Dividend No. 203
A

dividend of Seventy-five Cents
(75c) per share, on all -the outstanding stock
of : the
Company has been declared -payable
August 3, 1954 to stockholders; of record at the
close-of Business July 15, 1954.-

postponed past the. normal

payment'date
if

proposed

comes

July

law

that stockholders

OO'

easing
and

is

can benefit
of taxes-on.dividends be¬
effective on payments after

31.
OTTO. W. STRAUSS,
Vice President and Treasurer.

128

115

99

93

113

rt

93

t

111

117

t

102

110

104

,102

122

101

104

118

t

113

139

t

115

137

and allied products..

Rubber and

leather products

,

products
Leather and produqts&gKi..
Paper and printingil_l^_*i!:_^l,;..
Paper and allied products
Printing and publishingisz...
Chemicals and petroleum prods.

.

-

112

94

1

121

94

125

127

126

134

t

135

132

120

t

t

126

133

.

108

125

t

.

125

"

121

122

102

122

122.

139

146

138

139

143

147

146

151

147

148

arid coal products.

.144

121

122

131.

119

118

129

Pood, beverages and tobacco....

108

ChenUdals-and allied prods

quarterly

Second quarterly dividends in recent years
have been paid on or aoout July 29,Fayment
this year -has been

>

%

mill

Rubber

COMBUSTION,ENGINEERING,

,/

Manufactures':

and

Apparel

156

120
128

products^

Miscellaneous
Nondurable

139

122
t

-

& lumber products. /
clay & glass products.

glass

Textile

NOTtCfc

——

Transportation equipments

,

DIVIDEND

147

Electrical

Sept. 1 from 1957 to 1973 in¬
as

Apr.

__

Fabricated metal products—_

Pacific Northwest Co., of Seattle,
as 3%s. Dated March 1, 1954. Due

Callable

"May

Nonelectrical

Bond Sale—An issue of $75,000
water revenue bonds was sold to

clusive.

May

Primary metals
Metal fabricating

WASHINGTON

King County Water District No. 75
(P. O. Seattle), Wash.

on

Apr.

Machinery

urer's

"May

Petroleum

Food, and

Tobacco

beverage manufac..

i

140

106
1

102

98

103

109

102

98

102

%

107

t

t

107

113

J

109

106

109

manufactures../.

116

112

Minerals:

1

.JL—

113

Crude oil and natural* gas____

136

Metal, stone and earth' min.._.

108

Mineral fuels
Coal

1

i......

"Preliminary.

...

tNot-available.-

64

—

.

<58

85

131

136

120

118

113

-61

138

•

jlOO

,

,

-

„

-

115*

58

81

138.

--131

100

132

-