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,f ''•♦l"" #1*1%4^fr^4WW~S'<'W* fr, ' [ 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 -