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MONDAY ISSUE u N I V E R S I | y OF MICHIGAN The Commercial and UL 13 1959 ESS ADMINISTRAIlUN LIBRARY Chronicle Reg, U. 6. Pat. Office Volume 190 Number 5863 j: General RAILROAD Aberdeen Fund—Assets On June PUBLIC UTILITY - 30, INSURANCE - ferred V'"' 1959 : ..A £ 1959, total net assets reached an Industries, Inc.—Army-Navy 6,616,832 $2.19 all-time In This Issue $1.59 STOCK AND BOND QUOTATIONS New York contract, according to Richard F. Wehrlin,. President of the divi¬ sion, was awarded by Douglas Aircraft Co., which has prime responsi¬ bility in the research phase of the Navy work in the program. Avion's responsibility is to study all phases of the program, leading to a means of- integrating its own navigation display into the Douglas see Adage, Inc.—Preferred Stock stock that in proportion this entitles Cincinnati Midwest tneir holdings, to shares, at 36 Exchange . Exchange ing Montreal 39 •_ Markets The in stock convertible initially into common stock on o share stock is redeemable, at the option of the The dividends preferred stock or PROCEEDS—The $11 at share per Ltd.; note net payable tc BUSINESS—Adage, chusetts a Inc. incorporated was under the laws a Transactions New York Stock Exchange July. 19. been growing aircraft at rapid a missile and hi automation.—V. programs the increased interest of The corporation and 1959 June were compared with as Sales and earnings •respectively, first on earnings six from the of 54 29 last announced 62'same cents with year. to 88 and consolidated Dividends de¬ Foreign Declared Exchange Condition and Reserve $154,636,267 were $92,367,435 Earnings cents for ancl the comparable 31, $3,832,661' $2,363,958 share'of per and rose* the stock for common period. During the period covered by this financial report, Aerojet-General acquired additional facilities by the purchase of .'RheernVManufacturingCo.'s Defense and Technical Products Division Calif., ..and and , space The received several contracts propulsion systems, facilities for at the Downey and Riverside. production of missile . at Downey and Riverside comprise approximately 600,900 square feet of floor space and aclol approximately 2,000 persons to the eral to firm's carry payroll. on These new acquisitions will enable Aerojet-Gen-'' major United States Army contracts inrbitPno- an 189, expenditures Member Banks of ' and the addition of the following Canadian Valley Coppers Ltd.; Eagle Plains Developments Corp. Ltd.; Mack Lake Mining Corp. Ltd.; Senvil ; : / realistic 1— of fund Federal evaluation of the worth the of securities The Course of Bank Clearings ... end Deliveries made under ABLE' program the of Nov. on Other, N,ASA this were Island, Va., for May 31, 1958 net $4.07 was assets Corp. Securities — Offered share of class A one amount from common intends company received the to stock, at $6 use proceeds approximately mately to be $100,000 used for will Julius Peters for Jersey be added additional BUSINESS—The and New - Kimball, President, has announced the formation of a Space Division at Azusa. At the\ same time he indicated that the Downey and Riverside facilities, bought from Rheem Mfg. Co. in May reportedly for some $13 million, will be devoted to develop¬ and ment production work for military projects.—V, 189, p. of per approximately the sale of the far-sighted investor. Army Contract— This corporation on June 26 received a firm contract from the U. S. Army Engineer Research and Development Laboratories, Fort Belvoir, Va., for the production of a base shelter for the Jupiter Missile according program, value announced, stantial." of John to contract, the nor A. the Lawler, number involved sum was President. of units said ! is Neither involved be to * . shelter The the although ■ "very to working corporation on Aug. $12,842. 1946 of the —V. Members: The Toronto Stock The Investment Dealers' Exchange Association oj Canada 25 ADELAIDE ST. WEST-TORONTO, CANADA in missile stand-by prefabricated and launcher position. Its purpose 189, p. In . — Ex¬ by Robert L. Reach Laws of the State of G. Horr, President Compared Superfloc of this company and Chairman of the Anchor Casualty Co. of The offer St. Paul, Minn., tabulation to exchange on has made the following announcement: June 30, its capital the expiration date of the Agricultural stock for outstanding common and pre¬ it premises occupies at rented 2345. p. Co.—Announces New Chemical— improves the where J., 189, yields trademark in uranium Superfloc 16 mining is now by flocculant this . 16 -percolating contain with other synthetic and natural agents of this type, particularly effective in mining for increasing settling and clearness of liquids to be separated.- After the step in gold and uranium mining, the separated liquids Is solids dissolved metal values. Clear liquids are desired here to make subsequent processing easier. In coal processing and industrial portant because they can be reused without creating Now in at use new a In to try applications, clear liquids are im¬ discarded into a nearby stream cr pollution problem. at Colorado product dosages equal to plant uses uranium of N. building.—V. suspended ore particles are sometimes loo small to settle out of suspension by themselves. Coagulating or flocculating agents like Superfloc 16 bind the small particles together to form larger particles or floes that settle much more rapidly. Another Board of Directors and the Executive Committee of the approxi¬ company mining, Cyanamid's Robert that under flocculating agents. -In change Offer Expires— Newark, office chemical marketed company. 1789. Agricultural Insurance Co., Watertown, N. Y. Boulevard, modern a new rates ■ structure designed to be erected assembly while the missile is ill* the is to provide shelter, and to aid in temperature and humidity control for the missile tail assembly, and for personnel engaged in check-out activities. A special project-team has been established in Aeronca to facilitate production and delivery of, the shelters involved in this program. the around vertical a of the - the under balance funds incorporated was 23, The the general capital. the American Cyanamid was sub¬ , Ross, Knovvles &c o. Ltd. Raymond being dollar in thi9 country. 1180 space A Aeronca Manufacturing Corp.—U. S. unit. one-half of securities purpose of engaging in the business of financing accounts receivable of manufacturers and wholesalers. The offices of the company were then located at No. 744 Broad St., Newark, N. J. In 1953, the company moved its offices to its 2561. Stability and Groivth — on present A. totaled 6,731,176 shares on to debentures maturing in 1959. These debentures total $84,100, which $70,000 are held by Joseph Spiotta, one of the directors, and interest at the rate of 16'7 per annum: $11,600 bear interest at the rate of 12c,'» per annum and the remainder bear interest at the rate of 10'r per annum. The retirement of these debentures will serve to reduce the annual operating expense of the company for interest charges by subsidiary of The General Tire & Rubber Plants— Commercial Securities, of Montclair, N. J., , California On retire program Three From aggregated company bear and a the of contracts received by Aerojet-General period. include the delivery of 12 "Jupiter" the design or launching facilities at Wallops Aerojet-General's Aerobes scientific .sounding rocket. space six-months rocket motors shares. PROCEEDS—The the . senior of units of six shares, consisting of five shares of preferred and and the ABLE flight test program continued Aerojet -General was awarded contracts for furnishing these reliable secondstage rocket unit; .and field support of launching^ for the National Aeronautics and Space Administration DELTA pro¬ gram, which is expected to be one of the most important space experimentation and exploration programs conducted by NASA during 1959. during assets June 29 pub¬ licly offered 250,000 shares of ^preferred stock (par 500) and 50,000 shares of class A common stock (par 100) in successfully; , net 30, 1958 the close of. the last fiscal year, net assets of the to $27,468,716 and net asset value per share was 6,457,955 Phoenix scheduled as May, 47 vehicles stage upper of $27,364,243 and net asset value per '.hare outstanding.—-V; 189, p. 1921. important Army drone program, which strengthens the company's position as an Army systems contractor. Substantial supplements to development and production contracts on the "Titan" and "Polaiis" programs as well as additional funding for production of "Hawk" rocket motors have also been received. Dan advisory facilities of our Research & Port¬ folio Department are freely available to institu¬ tional and private investors who hold investments in¬ which amounted $4.25 48 - the At As of 48 Statement Technology The 1959 names 1958. . choice for the in 2453, p. $26,900,753, " equal to $4.31 per share on the 6.236,567 shares-out¬ standing. The per share value, together with the 8 cents capital gains distribution, is equivalent to $4.39 per share. Redemption Calls and Sinking Fund Notices 48 News A strong currency, a stable government, a boundless frontier, make Canada an * obvious the Fund reports an increase of 14 cents a share, or 3%, in the value of its capital stock in the six months ended May 31, 1959 after adjustment for an 8 cents capital gains distribution made in December 48 of Banks Aerojet-General Corp. is co.-; CANADA- of American Business Shares, Inc.—Asset Value Up— 12 - System Condition Reserve Payable Rates Statement Federal Combined industry May sale This prod¬ sales ended the an Earnings Higher— that the six months period in 1958.- for $10,000,000.—V. announced comprises American foa^tliis' period compared as months increased up Mining list formed ' Corp.—Sales of reason 189, p. 2029. Aerojet-General proceeds Construction purposes. at the MISCELLANEOUS FEATURES comparatively new fields which have largely because- of the Government's and net of Canadian companies whose securi¬ to believe, recently have been or cur¬ rently-are being distributed in the United States in violation of the registration requirements of the Securities Act of 19-33, thus depriving investors of the financial ancl other information essential to General Corporation. & Investment News-Cover State and City Bond Offerings 54 are rate, the use $ Highland Inlet The 35 for 1957, automatic control. "These and E the ties, the Commission has 35 Massa¬ of series preferred registration would provide; and has its principal office's at 292 Main Street, Cambridge 42, Mass. It is engaged in the design, manufacture and sale of electronic equipment and systems for use in data processing on to proposes estimated arc Mines Ltd. 35 Transactions American Stock Exchange any unpaid current and been -no! market.,for. either proceeds will be used for retirement of bank, build up company's inventory of ucts, purchase of test equipment and for working capital. mand 1960 Amador Dow-Jones Stock and Bond Averages 35 National Quotation Industrial Stock Averages 35 plus thereon. There has the common stock. the SEC bonds, ^ 44 company, in- part, or preferential the is basis. whole mortgage cumulative companies to its Canadian Restricted List: pprlkur.not-subscribed for within rsuch period will be offered to the public generally. share A Amador Highland Valley Coppers Ltd.—Canadian Re¬ 45 Prices first preferred stock to retire loans outstanding under its revolv¬ agreement; to provide funds for construction of property and to reimburse the company's treasury for expenditures The SEC on July 8 41 - of series of for stricted List— 40 Toronto Stock Exchange—Curb Section . warrants company and credit and 39 Canadian Stock registration statement with a $4,000,000 shares 39 Stock Exchange SEC Index of Stock of 30,843 additions; previously made for such 38 Over-the-Counter (with bonds 36 36 Exchange Toronto Stock Exchange par The 36 Coast Stock Exchange..... Philadelphia-Baltimore Stock Exchange Pittsburgh Stock Exchange the any time prior to May 15, 1959, or such later date as may be fixed from time to time by the Board of Directors. Any Stock 31 Pacific whole to Exchange Exchange... Stock his cockpit Offered—This company to them Stock Stock and stock, purchase of 92,529 common shares). The bonds are to be oifered for public sale at competitive bidding. The preferred stock (with warrants) are to be offered for subscription by holders of outstanding common stock, on the basis of one share of preferred for each 30 shares of common. The record date, dividend rate, subscription prices and underwriting terms of the preferred stock offering are to be supplied by amendment. White, WeM & Co* and Sterne, Agec & Leach aro listed as the principal underwriters. 27 Detroit Stock Exchange May 2 offered 3,300 shares of preferred stock (par $10) at $30 per share, without underwriting. These se¬ curities were offered as a speculation. Holders of rec¬ ord April 9, .1959 of the company's preferred stock had the privilege of subscribing for additional shares of pre¬ extent (Bonds) Corp.—Registers With SEC— July 8 filed on registration 1984, $100 15 Stock Exchange Boston on ferred (Stocks) American "HorizontalNavigation Situ¬ ation Display," an electronic device that permits a pilot to position over the ground pictured continuously on a closed-circuit television .screen.t-V. 189, p. 2777. Stock Exchange New York The exafct due Page feasibility of presenting tactical on a cathode ray display, in the cockpit planes has been awarded to the corporation's' Avion division, the Army-Navy Instrument Program, it was1 announced. The Avion instrument is called the company seeking Research Contract of Alabama Gas This 1233. p. navigational information effort. 35V peak for any of combat under of the stock of Anchor Casualty, showed that the offer accepted by more than 99'o of Anchor common stockholders the preferred stockholders.—V. 189, p. 1461. been and research contract to. determine the A and Copy a shares had 1958 7,002,535 V:A' * _ $1.25 MISCELLANEOUS - r " quarterly ending period in the history of the Fund.—V. ,j.S9, ACF INDUSTRIAL - $15,314,139 $10,511,491 ...» sha^e Price Increased- Total net assets. Asset value per Monday, July 13, 1959 Corporation and Investment News Month Ended June 30— Shares outstanding New-York 7, N. Y., J' or is less half * and up one to Canadian twice operation, than as those much as uranium effective mining as it has increased of the Superfloc other plants, available uranium yields regularly used flocculant. 16 to obtain the same yields provided by addition to uranium the previously used product. mining, Cyanamid exacts its new flocculant find wide application in coal and other areas of the -mining indus¬ where solid-liquid separations are a problem. It may also be used water, sewage, industrial wastes and chemical precipitates.— to treat V. 190, p. 45. .- The Commercial and Financial Chronicle 2 Monday, July 13, 1959 . . , (150) 30. next, $136;000 of Noxv 1,- 1968 at 105% plus accrued interest. Payment will be made at the Provident Tradesmens Bank & Trust Co., 17th and Chestnut Sts„ Philadelphia corporation has called- for redemption on.JUly its 6% subordinated convertible debentures due Pennsylvania. ; $1,000 debenture may be converted into 36 class class B shares of common stock up to July 30, 1959.—V. 3, , Of 635.000 be CO., larfeest producer of rayon and ^manufacturer of nylon and Tyrex viscds.; tiny yarn, on July 1 its 30th anniversary of production. Enki's first unit began spinning rayon at the Enka, N, G\, plant cn July 1, 1939. Enka's manufacturing operations, including subsidiaries, have now -«pread to"ffve-stateiiv North-Carolina, ..Tennessee, Massachyctts, Con* nectieut and California, raising the corporation's plant investment from less than $10,000,000 initially Id well • above $120,001,001 today. major company's rayon operation has been joined o by nylon fiber facilities and a $2,000,000 research center. Now under construction at Enka is a modern three-story administrative office building. A The Inc., expansion, doubling nylon ' capacity,, is in progress. A operation • was establi *\ed at Lowland, Tenn., with rayon put into production in 1918. A $25,000,000 rayon staple plant 1956, the of Willimantic, the production. During the company's payroll increased from 2,200 earning 6,000 with a yearly payroll'of more than $25,000,000. period, same the growth of sales of !'>73,533,145 record 1958, In products. paralleled have employment and and plant $1,900,000 to over —V. 190, p. 40. the first full year of than in times larger 20 were \ sales in Increases physical West Corp., Conn. Rex ir „ outstanding stock directors hew June They 26. a. shares ' a i; r o pnro -Plans to tion on to natc.) v Acquire More Orr Industries, 77Id orr, set company the on counter Nov; market latter bid and 37x4 asked. oi Orr Industries stock in May 1957, distributor £er maghetis tape made by the 25% about exclusive net a similar Ampcx wouiu ue For. the fiscal yuar ended computers. $2,904 000. showed the t then known as ORRadio Industiie.s, Inc. The tape is television broa Icascing, sound, instrumentation, geophysical electronic were common shares for the purchase, Based on July 6 final, quotation of Kxciu.nge, the sliares have a ,market Orr lnduscr.es traded on July 6 in the over-the- company in used were became it ; 209,000 official. Vbflc~ Stork at 33 acquired Ami.cx when and ' aside has vo a value of $16,145,250. New 6 announced plans io acquire 75% of Orr exchange of 'one-'sun e of Ampex common for subject to stockholder approval at meetings J Ty an , Oi announced, socn be Amp:x accoicmg lias Irving Bcckmann, an officer of the Land Co.; i Industries; Inc., by i corporation, which owns a tract of land at Whitehouse, N. J., residential development. Since its organization, the com¬ and second will be used to develop and improve the properties of the and its subsidiary, and will be available for further acquisi¬ iinpiovemetits and investments in real e tate. Amptx Cori). T issued an aggregate of 680,000 shares. Organizers of. the Jack J. Arnold, President, who owps 186^667 shares of stock; Aaron J. Gabriel, Treasurer, 168,667 shares, and Jerome' P. Weiss, Secretary, 166,667 shares. The three organizers (with their wives) received 500,000 shares in consideration of the assignment to the company of a contract to acquire Madison Park. An additional 100,000 shares were issued for the Whitehouse Development stock, of which Arnold received 20,000 shares, William Stix Wasserman 60,000 pany $210,000 Inc. Stock— under last Its income three of months last in to a 31, Orr sales, ended May 31 of $11,900 for Jan. quarter contrast less year. recently estimated that its earnings for the I960 fiscal year aioU.iU $3,900,009 on sales of $60,000,003.—V. 189, p. 2030. Anchor Casualty Co., St. Paul, Minn.—Offer Expires— Agricultural Insurance Co, above.—V. 183, p. 2894. iv T:;; See 200,o0O|Shares the covering port r $41,200 ESTIMATED CORPORATE FINANCING IN Directors— elected to the board of this corporation T. Kimball, Executive Vice-President ot American & Foreign Power Co.; Frank L. Snell, senior partner in the law firm of Snell & Wilmer, Phoenix, Ariz.; and A. Thomas Taylor, Chairman of the Board of. International Packers Ltd., Chicago, III. This increased the number of directors from 11 to 13. W. S. Robertson. President of American & Foreign Power Ca. from 1944 to 1955, when lie retired, and a director of the company for 19 years, did hot stand for re-election as a member of the board.--V, 190. p. 46. Thtee Development, Co., Whitehouse of the proceeds tions. cents the of ■ American & Foreign Power Co., Inc.—New on the for remaining owns account on company public sale on a best efforts basis by A. J. Gabriel of which Mr. Gabriel, an officer and director of the L tnd sole stockholder. The offering is to be made at $3 per share, 45 company the high frequency insulation and plastic field was recently completed with the purchase Acton, Mass., and William Brand & Co., into Diversification covered wire and cable common $105,000 and purchase money mortgage given as part of the purchase pijice ($225,000 over and above the first mortgage) of the property. The balance of York, N. Y„ on with the SEC seeking registration stock. Of the stock, 500,000 shares are 35.000 shares, the holder .of a mortgage on the com¬ '.property lias agreed under certain conditions to accept these shares at $3'per sharelh reductldlTol such nltntguge.. ' . The Land Co. was organized under Delaware law in April, 1959. It ow ns 100 acres of developed and improved land G«d buildings tin Sackets Harbor, N. Y., known as "Madison Park" which has a deep water frontage along the Llack River Bay section of Lake Ontario. It also the now in of Park Madison on pany's Jersey there with offices at 60 East 42nd St., New proceeds of the sale of stock will be used, in part to pay off mortgage held by the General Services Administrator net $175,890 first a Exchange Commission— per share selling commission to the Underwriter. The lias granted the underwriter an assignable option to purchase 1C0 shares for each 1.000 shares- sold by or through the underwriter, the option being exercisable at $1 per share. This option covers a maximum of 50,000 shares. An additional 100,000 shares are held or subscribed for by six individuals at $1.50 .per share and, as to secend rayon added the a $9,300,000 was The Co., Inc.-—, Land Seaway Lawrence company' also observed filament shares offered is with corporation, the nation's second This a This company, <%o.. Corp,—Observes 30th Anniversary— Enka St. July 8 filed a registration statement to A and four 189, p. 1673. & Registers With Securities and f , , , Each American American Inc.—Partial'Call— Electronic Laboratories, American The were NEXT FOUR WEEKS John arc ; ■ ' PAST T ... • ,. and CORPORATE FINANCING QUARTER S July 13confined to corporate financing to the economy's pace of activity. below, depicting estimated new issue financing in the The tabulations August 7 period and the past quarter's financing, are American Forest Products Corp. Private Placement — placed $2.7 million of 15-year notes Life Insurance Co., and $1.3 million -—This company has with York New Crocker-Anglo National Bank, Walter 5-year notes with S. Johnson, Chairman, announced. construction of a acquisition by this corporation of two Texas life insurance companies was formally approved on July 2 by the Texas State Insurance Commissioner. This transaction had previously been ap¬ by the the Commissioner Tennessee The Insurance. of plan Fleming after announced the of ruling the that will transaction closed be now within a few days. Under the contract American Investors of Nashville will purchase the assets of American Investors Life and Ameritex the issuance of shares 1,035,576 then will firms distribute its of shares the stock. common The shareholders their to on one-for-one a Public calls Houston, Board Chairman and President of the Texas companies, and Harry A. McDonald of Washington. Board Chairman of American Investors Corporation of Nashville, both M. share basis. The acquisition will, result in American of Nashville having a total of life insurance in force plus pending issue and delivery as of this date of about $74,300,000 of May 31, the life insurance subsidiary group of American projection of two weeks ago. Quarter's Corporate Financing ;. financ¬ below, summarize the lift in both private and public total Most heartening is June's decidedly larger May. Private and Corporate Financing for • • /. , June Quarter $305,959,860 $243,546,094 34,325,566 $265,233,169 72,475,000 _______ : May 98,669,999 $814,789,123 205,470,565 April Utilities Transportation Past. Quarter i 'table Business Warren "Texas for of American Investors Life IitSurahce Co. ancf> the Corp. and its subsidiary, City National Life In-,, Co., all of Houston, Texas, by the Nashville financial concern. surance with thai that than last week's four-week projection and S300 more ing during April, May and June. purchase Ameritex .million than the four-week Past The proved more Tables I. II, and III, Investors-Corp.—Acquisitions Approved— American for million r Ag / Calif. they offer an encouraging insight as During next week's scheduled dates of publicly offered; corporate volume, over $200 million may be raised with equities exceeding, debt obligations five-fold. The forthcoming four-week corporate calendar may aggregate over $531 millioQ. This is roughly $161 firm intends to use the proceeds to finance corrugated container plant at Santa Fe Springs; The San Francisco-based the and ■ Banks, Investment and Insurance 35,231,733 132 282,566 15,645,400 1,100,000 183,159)338 12,320,763 381,414,448' 11,220,000 363,174,366 557,713,949 1,302,302,763 $846,961,997 $916,675,442 $2,518,041,789 Cos,_. Foreign A-l—,*;. Other corporations . Investors that As Investors of Total —_J.w $754,404,350 Insurance Companies Financial Issue Life and of Nashville, Baltimore and Columbia, S. G\, and Casualty of Columbia—had in force plus pending and Public while American Investors Life and City National Life, both of Houston, .had $35,005,054. This transaction increases the American surance delivery $39,365,835, of number Investors operation Nashville of in its shareholders of the United American MARC, Tills which diese! Marine, engines, boat Under the is held widely most 189, making life in¬ 2777." p. terms being of the made acquisition American acquisition, The on Marc lias terms Creger and Marine exact becomes will and continue phasis the will to be approved proprietors and cruisers. manufacture placed, on Julw cabin 3, the crusler dresel powered a sell sail F. sales American water Marc cooled __ 846,961,997 191,839,000 916,675,442 $860,881,393 $15,230,000 $613,889,000 $2,518,041,789 of Total Stocks I. __l. by two American Marc foot of Bonds showed $<2,954,731.—V. 189. a p. profit for the y.—^ ' offices sales AMF's southeast Asia of $208,68" forces with two Australian business enter- and in plant in Melbourne. service Sydney's AMF headquarters Rydalmere Sterling for Ltd. section will Australia alsc and new; operation l«!erit.Tlt,ment which it has been lyoo. are British Tobacco the of tobacco former Co prod¬ owners ot said AMF Sterling making under license since JanuLtd. will P-f company s bakery machinery - customers in $33,375,000 $163,831,870 3- 7________ 85,150,000 36,183,600 29,996,000 67,325,000 49,900,000 10,384,300 Total——— $234,704,GOO $296,491,770 13-17_ _ _ _ —. _ July 20-24_ July 27-31— Total $202,256,870 152,475,600 136,083,600 v". - 40,380,300 $531,196,370 . _ Hydro-Eiec. for July 16. Some of the larger corporate issues now scheduled for the July 13-Aug.. 7 period are: $8 million Jersey Central- Ppwer & Light bonds on July 14, on July 21 $50 million Tennessee Gas Transmission bonds and $10 million Northrup debentures: on July 22 there are; 952,033 shares of Northern States Power Common; 396,000 figures above etc not include the Canadian municipal, Quebec Commission $50 million debentures registered with the SEC and set manufacture and other complete a AMF products Tobacco the association of AMF with British 1 facilitate development and production of spare parts in accordance with Australia and the Far East.—V. requirements 190. p.. 4t. tobacco of shares of Public and $15 million the .Pty- LtcJ- The latter firm, now absorbed into Sterling Ltd., has been manufacturing automatic machinery foi bakinB industry since 1935. Among its products have been AMF machinery and the figures CAPITAL Stocks Julv -Expands Overseas Andrews, ,.out ia' Bonds Aug. Ltd., the country's largest manufacturer Messrs, Walter and George Patterson compiled FORTHCOMING CORPORATE DEMAND FOR or av/tpHcF, ^ ' $2,518,041,789 private sources. Unlike the tables above for last quarter's financing, specifically with publicly, and not privately, scheduled issues. fiscal company's period AMF ¥£ Pa. deal are r area. ,PartP5fs in (Australia. and $916,6.75,442 $843,961,997 > The and office sales / ucts, (1 ,,474,770,393 " - has joined executive branch as 435,733,400 sail to form a new company known as AMF Sterling Ltd., Moreheact Patterson, Board Chairman, announced on July 2. Representing further expansion of AMF's overseas operations, the new company establishes AMF production facilities for the first time in Australia;- The company's other- overseasproduction centers are in Sao Paulo, Brazil, London and Bologna, Italy. a $1,043,271,396 — $754,4(14,330 The data issues. to'launch The Quarter y oncoming aggregate dollar value "Of new corpo¬ by the Corporate Financing Department of the "Commercial and Financial Chronicle" and are obtained from government agencies and tvpe water cooled prises With June $430,937,042 The Table below estimates the rate 2346. American Machine & Foundry Co. serve May $280,371,897 566,590,106 Forthcoming Public Corporate Offerings single and twin cylinder air and producing from 7 to 20 horsepower, electric engine generator sets. Marc company -y $281,962,457 472,441,893 manufactures diesel Operations— This of catamaran high speed, On Jan. 31, 1959—the eight month point in the sales em¬ Marc $500,000. of 26 a III ot President American TABLE "April Total diesel engines and year-American i 167,500,000 2.080,000 Marc, greater Creger, backlog launched American but boats, N. sail generators .v,^" 3,150,000 243,G$),4C0 catamaran engines. first the 299,090,100 Total foot In three or four weeks, the division plans boat..to be built on the hydrofoil system. boat will be able to reach speeds up to 30 miles an hour. ' $754,404,350 , Marine. Vice-President a directors of 24 and 30 division of craft. a division new As board the Greger of and power Marine, is to become in charge of the new division. Creger Marine currently has On by produces Creger and $254,550,000 divi¬ a price of the transaction, basis, is yet to be de¬ dollar-for-dollar a been Creger Marine designed type sail boats and power ^ $10,000,00(1 : The the Quarter is termined. it ___ $217,891,893 $1,028,041,396 y. June Inc.—Acquires Boat Manufacturer— Total Bonds $271,962,457 277,221,897 478.857,042 April May Placement Stocks Bonds on sion of American Marc. which third the States.—V. thus 18,900 some Private Sales Stocks a large U. S, manufacturer of small, light¬ July 2 announced the acquisition of Cregei manufacturer, of Seal Beach, Calif. company, weight to II TABLE ^fashville—which includes, the American Investment Life AMF Service Co. of Hampshire New common, and $20 million preferred Transcontinental Gas Pipe Line; 1 million shares of bonds N. Y. Capital Fund of Canada on July 27; on July 28 there are 544,314 shares of AmericanSaint Cobain common, 1.1 million shares of Colonial Energy Shares common, and $15 U. S. Plywood debentures; $46,962,400 Pan American World Airways July 29; $15 million Penn. Electric bonds on Aug. 4, and $10,996,000 Power & Light debentures on Aug. 5. , million debentures Pacific on . description of the above corporate financing may be obtained from the "Securities Now in Registration" Section of the July 9 Thursday issue of the "Chronicle," and. of course, the extensive "General Corporation and investment News" in the Monday issue. ' A detailed . . y . . July 9, 1959 N Volume 190 Number 5863 . . The Commercial and Financial . Chronicle (151) '■ ■ Anchorage Stock Gas Oil & Development, Inc. lhent, Common — be Offering—The of comrrfon being offered share, on the shares company is offering 450,000 shares (par $1), of which 379,325 shares are stock held its to capital basis of of stockholders one record share new June 1, 1959. (EDST) at for $1.50 each will shares expire will be at 3 p.m. for sale reserved nroceeds from net aliotated stock the sale of common following and in uses i $15,000 National Bunk L. PROCEEDS-The H. Tucker, "Ralph offices Peterson at the Susitna are unexplored. Second Ave., \ . SPECULATIVE drilling ASPECTS is lor nil activities of commercial the OF THE speculative, laws OFFERING—Due that given be can V. price The at Which these $1.37/ and $2.25 ask. $1.62/ bid, land —V, 189, v." 2453. p. July filed Tonn., with the 4. • r covering lor option the is to to offer the members board Net of proceeds at $3 insurance company's of business.—V. , used 189, for tax — Twelve Months Ended May 31— Operating revenues....—....... and Operating expenses Net operating Rent lease for Under income—!____ Operating income etc. to Net' income issued to ——— and to acquire South-Tex in it the of 12,278 765,412 —: Balance —V. ——.——— 189, p. 2134. and owns operates with connect — -$7,644,372 -- Associated and new stock each H. serving Daniels, the said that own the producing Waller, Harris The Products Group, Group, a Chemical Products an International Division. March L. 31 While share, a also and attaining ' capital and acquisitions John $2.45 would The to Agricultural a Specialty Board, fields be reported Products a share be in ADM's that will 30, the best company's high new of $98,378,149, financial equal the' board approximately $51,000,090 ADM $61.31 to and produce profits in preceding year. share profit per The since new the a a * position, approximate $3.50 long-range that on $50,938,016, equal J markets now said June a was covering Mr. in plants and products. current share, $3.50 chairman fiscal year, compared figure, if with attained,- in justify optimism for further improved earnings." Because of the company's financing is planned said. "He THE ; added that hot of to support all - im¬ •. excellent the financial program positron for growth, John avenues—acquisition,' COMMERCIAL research and no^new: Daniels develop-- of have already 10,000,000 shares. business June 17 the approved entitled are split au¬ Shareholders to vote. which management . boilers the which largest generate steam to heat the American Furniture commercial building in the world devoted to one in Chicago, 111., recently, it was re¬ ported by the company's Chicago district sales office. Designed to perform a heating job handled formerly by four boilers, the new units produce a combined total of 48,000 hounds of steam hour per The into went at maximum continuous" capacity. are classified as B&W "package" boilers. These were B&W's Boiler division plant in Wilmington, N. C., from "knocked operation units new shipped down" for assembly and erection in the 2563. p. building!—V, 189, gas a outstanding said, sub¬ would be there stock common outstand¬ Co. As the with agreement announced on the of sold and will of also royalty payments by Hawker enable said 011 30 —V. to the accelerate Of the agreement of .new by the vending Rowe line gum, Inc.—-Private private Avien is and Placement—A investors a net proceeds of the ol issuing secured notes in pro¬ order additional and continuing period.—V. 188. p. 242. aging to source provide of over a period of financing whiskey during Bendix Aviation Months Ended Corp. March Domestic (& Subs.)—Earnings 31— 1959 sales, Net profit royalties for and Federal Income tax 12,790,197 9,120,100 10,926.801 8,733,333 $2.15 profit per $1.73 shariM. common Announces New Product— eoliunn-type Precisionaire dimensional inspection air inches of of most by $ other operating income 323,490,430 321,071,472 Federal., income- tax__„______ 23,716,998 17,853,433 before Provision Unit 1958 $ Net gaging The Sheffield Designated strument, with a amplifications 1500 has gage two three to by industry, subsidiary. Model new is used now Corp., the the which range, instruments Series full. a times inch to Single 1, or up 10,000 instruments to 1, with standard available are June ' column in¬ and scale developed to meet for gaging broader 2670. column 15 that in Precisionaire linear to 100,000 to 1. It was the increasing need precision manufacturers have dimensional tolerances at higher amplification. p. than . long-range 15 with gage more announced was amplification for_ immediate of 5,000 delivery.—V. 189, group of institu¬ has systems Belmont Oil of investment," Mr. this Windcls, Jr., Administrator of the New York Regional Office of and Exchange Commission on July 1 announced that a complaint had been filed 011 June 30, 1959 in the U. S. Securities the James Weiss is said. added (He obtain to funds that for capital currently is en¬ new Avien gaged in a number of new product developments which will additional funds for anticipated expansion of operations."" require corporation was admitted Available for trading are A to York,. M. d'/b tratioti of Falls, B. are shares currently held by over" 1,000 stockholders. For the, fiscal year ended June 30. 1958, Avien S7.398.000. nine-month period $5,-991,000, an increase of ' outstanding, which reported sales of ended 14"% March 31, 1959, Avien sales over'the nine month period in and action ol The in the the Securities and G. Howard Act escrow of in 1933 the offer and sMe Oil Corp. complaint is The holding nor First action agents, National Bank of Wichita agent named by "one of the defendants, James shares of the stock in escrow. It is that the Bank is otherwise involved' in 5,235,922 for among that statement filed the Bank 1957. shares of of properties of is selling or offering motion be filed Oil Coip. Oil in or in restrain employees Belmont the returnable the from Corp. defendants,* further until to sell July. 14 011 and sales <Jf unless a effect. Commission's motion disclose .' incorporated, in Nevada in 1919 Divide,Mining Co. After seme desultory was In out this an 325.000 Belmont had authorized capitalization of T,500,- value assessable stock, of\ which 350,000 shares Defendant Boren acquired 299,000 shades for $1,000 par . Immediately additional shall of Belmont time 10c squeezed assessment. of became defunct by 1924. It was acquired 'for empty shell by defendant James B. Boren about Novem¬ At this outstanding. then attorneys and Belmont as' an ber notice support of following facts: Belmont name a of" shares others: the the filed preliminary..injunction-to sell affidavits The claimed has servants, to registration were it the shares. offers $1,000 is Commission the their and ing*. were Company, Myron Rosenthal /barged in the complaint any and " Court of New York; to enjoin this corporation, Fox, National Registrar and Transfer Co., Edward Canter, Michael Cantor, Morris1 J. Belmont Uie Texas, the Boren, not of stock of named in 000 A a. Inc., Reiter J. provisions common Also operations, listing July 6 on the American previously had been traded class a Defendant. capital stock 209,259 District Borerv Joel Peerless-New under Admitted to Listing in New York— Exchange. The class over-the-counter. ' ; District Southern B. Stolle, d/b/a H. G. Stollj and Co., Carlton Securities, Iiic., David Man del, Harry Cohen and Abe Bigelison from further violating the regis- the instrumentation. financing Corp.—Complaint Filed— Paul the the way other shareholders by, levying a 5c lie obtained all 350,000 shares then thereafter undetermined shares, Boren value giving him transferred to a Belir.otn total oi certain in per share outstand¬ alleged exchange 675,000 oil for an shares.- The AND FINANCIAL CHRONICLE* (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 7, N. Y., REctor 2-9570 George J Morrissey Dana Selbert, President. Editor;Published twice a weelc [every Thursday (general news and advertising issuel.with a statistical issue on Monday]. Other offices: 135 S. La Salle Street Chicago 3, Illinois (Telephone STate 2-0613); Copyright 1959 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 in United States. U. S. Possessions. Subscriptions Territories and Members of Pan-American Union, $65.00 per year; in Dominion of Canada, $68.00 per year OtheT Countries, $72.00 per year. NOTE; On account of the fluctuations In the rate ^ of exchange, remittance for foreign subscriptions and advertisements must be made in New York fund*. William 1 releasing Reiter. leading designer and manufacturer of missile purpose the Sept.: 011 Distilling Co.—Registers With SEC— for cigarettes, beverages, notes are convertible into the company's class A capital stock maturity at: an initial conversion price of $11 per share, Cur¬ rently, there are 209,259 such class A capital shares outstanding. Inrecent Weeks, the-market price of the company's class A shares has ra'riged between 10'4 and 15/ in the unlisted market. " 1 For at Sant- repayment an its until "The the the Profit Merchandising Co, will operate merchandising through vending under Van sale of the notes, $1,500,000 will.'be used of short-term loans from banks and other lenders, from pledge whiskey warehouse receipts for about 44,000 barrels of whiskey. The remainder of the proceeds will be added to the general funds of the company and Will be available for financing inventories of tiging whiskey., This offering- is the third under a vending source East, company, thereby A primary the located at 131 North LaSalle Street, Chicago, 111., registration statement with the SEC seeking registration of $2,000,000 of 6% secured notes, due July 1, 1965, to be offered for public sale through an underwriting group headed by Fulton Reid & Co., Inc. The public offering price and underwriting terms are to be supplied by amendment. The notes are to be secured by whiskey warehouse receipts for not less than 2,500,000 original proof gallons of Kentucky bourbon whiskey produced by the company not earlier than Jan. 1. 1959. V vending its in a Net Camp manufactured products its ' production ■> facilities Siddeley.' Canteen with paint 1610. p. Barton This the Automatic Merchandising Co. cooperation of centers _ includes machines for vending pastry, sandwiches, hot and cold beverages, and other products.—V. 189, p. 2346. ancl aircraft 188, filed by that all marketers Chemical Hawker June manufacturing Canteen, leading and Baltimore, Md. cregjtjire and planning phases start immediately assumed its work officially for the company Dugdalc Six Automatic the Paint Winans, While Board. in England. Siddeley will become .in of one Baltimore Mt. gram America—Licensing Agmt. Corp.—Advertising Agent corporation has appointed VanSant, Dugdgle & Co.„ Inc., Md., to handle advertising for two of its divisions. divisions are the Baltimore Paint & Color Works Corp., manu¬ facturers of Gleem and Wall-Fix paints, and Murphy Paints, Inc., makers of Murphy paints. The for and purchased $550,000 of Avien, Inc. 10-yuar 6% convertible subordinated notes, Leo A. Weiss, President of^ the company announced on July 2. The placement was arranged by Dean Witter & Baltimore Paint & Chemical This Baltimore, Canteen. President it food, Avien, This 1956. provement in future earnings, he continued, and the $2 a share annual dividend rate will be increased when there are "solidly established trends in- " of the Timberland all of Mosser Associated of his. company Stock plans substantially introduction The the • invested serve Daniels ended worth sound this continued, ADM has which reached net record. a "of Chairman Daniers, .working $31.75 share Group, an and Thomas to he continued, will be comprised of structure, new on and .1 new standard four-for-one ■ among carbonated , close to add to program complete tional organizational structure will bring ADM's products closer to their users and will enable the company to capitalize more fully on the "real growth potential" of .their, markets. than .1,000 more •- Activities activities into four major groups, was announced on June 26 by John market, common a Co.—Consolidates company's President. Daniels Mr. of Timber- the Hawker Siddeley Group's manufactured products are automobiles, airplanes, steel, and chemicals, among many others. Mr. Johnson said the RowCi line of automatic vending machines will be" produced by Gloster Aircraft Co., Ltd., a wholly-owned subsidiary of Hawker Siddeley, cooperating closely' with Rowe engineers at Rowe's ' home plant in Whlppany, N. J. The Archer-Daniels-Midland proposed par value from $1 to 25c per-.share. related proposal to increase the Fund's Babcock & Wilcox CO.—New Boilers in Operation— years Co. Chairman vending-equipment candy, Consolidation of announced of gas conversion upon Canteen manufactured Included $7,688,954 , the a of a proxy statement, the net asset value of the Fund's was $31.29 (United. States dollars) at the close of business 17-—or $7.82 if and when the stock split goes into effect.—'V. 188. 45. a several jointly-owned Rove Automatic exclusively in .the field of automatic machines, Mr; Johnson said. ■ on give industry, 17 additional assures we The *. Ltd.—Plans According to the p. Schcinman.— Siddeley Group .will also be sold to other automatic operators in England and the sterling area, he added. ■\ at directors Mart, was Orange, Canada on -152,400 shs. X. Board." acres of vote shares all capital stock Corp., Chairman interest reduction will 17 the marketability of the Fund's shares. If the share¬ their approval, it is expected that certificates for the new shares will oe delivered early in September. June Outstanding William July capital stock from 1,500,000 will holders \ Co.—Acquisitions— •The $8,432,674 ; 743,720 $8,409,784 —; feels ami on will also act of-Vecc-rd Dec. on of England,Bird Ltd., another large concern with world-wide interests and subsidiaries in manufacturing, chemicals, merchandising, mining and electronics." 1 - -applicable to preferred stock-. Dividends They thorized and hydrocarbons. Johnson, added which $4,457,601 $4,198,206 stock .split assets FINANCING 1,250,000 shs. be Mosser, He said:;'Tiawker vending machines for Rove 219,363 deductions:.—_r — • — shareholders Tlie PRESENT Hawker Interest, The the merchandising; $12,607,990 $12,890,275 Groses 4ncomc_.^..___^.__^—:-r_- by management, are eligible for 75,000 shares per annum.—V. 189, Axc-Templeton Growth Fund A Ycrk. wholly-owned $12,670,912 224,611 to Leverone, Arnold 372,000 $12,383,379 _ the « TO cents).. an acquisitions agreement $13,042,912 (net)—— New .' EFFECT contracted subsidiary of Automatic • Other owned the rate of OU1 -XOl-Une otOCk- Spilt— incorporated was all agreement, Hawker Siddeley, one of the world's giant concerns, will manufacture "for sale in England and the sterling area the complete line of automatic vending equipment produced in America by Rcwe Manufacturing Co., Inc., the . 1953 $12,756,150 __________ of Furthermore, plant profits will through-put and the the liquid Nathaniel 43,277,552 plant—______ to name-incorporated .This company has cancluded a licensing Siddeley Group, Ltd., of England, it was $56,320,464 372,771 revenues..:—:— of by Automatic . 1959 miles in machines 46,115,990 State convertible debentures, approximately 3,723,000 shares of ing,—V. 190, p. 46. Y of $58,872,140 L —-. taxes—y the same ordinated . Earnings Lower—^ •' the corporation, succeeded closing of the South-Tex acquisition is subject to obtaining ruling from the Internal Revenue Service, Mr. Mosser said. He Arkansas Power & Light Co. and and South-Tex 2346. p. 10 shares /Upon issuance of the • .. . conduct the shares, —'V. 189, p. 2347. fittings, Filial on stock, Products, Inc. Secondary Offering — A secon¬ dary offering of 15,000 shares of common stock (par $2.50) was made on July 7 by Lee Higginson Corp. and associates at $130 per share, with a dealer's concession of $3 per share. This offering was quickly oversubscribed. the in reserves. richer to be These class A at to were up 170%, from $94,000 to l5*/a cents to 42»/a cents. ' there are 392,153 Class E shares from rose A 1140. ah to cubic 30 creased 806,667 share. stock will per sale the developing recently dis¬ developed by Associated and affiliated companies in Jim Wells County. The majority of these fields contain gas rich in liquids which, the plant is designed- to extract. V Capacity of the plant, Mr. Mosser said, will be expanded to handle .. and in and Corp. plant million system shares 966,667 reserved proposes class Associated, covered of common stock, including employees and directors.' The shares for public sale at $3 per share. The offering be made on a best efforts basis by Abbott, Proctor & Paine and' three otner firms, who will receive a •selling commission of 40. cents per share. The company was organized under Tennessee law on May 14, 195J. It proposes initially to write all forms of ordinary life insurance, and may • later write group insurance, health and accident and other insurance. The prospectus lists J. W, Sullivatt, Jr., as Board Chairman and Ernest C. Steele as President. Among the promoters are persons .associated with the four underwriting firms, each of which firms has purchased 4.250 "shares at S3 per share. The company now has outstanding 33,333 shares of stock, all acquired by the underwriters 1959, shares 1. 160,000 company share- per the outstanding. p. and modern gas processing and Nueces County, Texa§_ with a present capacity of feet of raw gas daily, and a 75-mile gas gathering syst'em. The plant extracts a variety of products from the raw gas, including gasoline, distillate, butane, propane, ethane, and heavy oils. The Timberland acquisition will be effected in exchange for 107,317 shares ol Associated stock. Associated will issue 162,500 shares for South-Tex Corp., Mr. Mosser said, •" The 269,817 shares issued for these acquisitions must be held under the provisions- of investment letters, Mr. Mosser indicated. The South-Tex plant, located 25 miles west of Corpus Christ! in the Agua Dulce Field, is currently processing approximately 40 million cubic feet of gas daily but has the capacity to handle 75 million cubic feet daily. The present through-put will be substan¬ tially increased, Mr.Mosser said, by extending the gas gathering v SEC wells South-Tex Building, Knoxvillc (par 16,000 oil recycling - offices at 1401 Bank of a registration statement with company, stock company has future This utilized liquidation Tyler, and deep Wilcox and Frio producing 7,982 acres surrounding these wells. The com¬ also .has one medium and two large- drilling rigs now under to Prince Marine Drilling & Exploration Co., a firm controlled pany, by Appalachian National Life Insurance Co. — Registers With Securities and Exchange Commission— Knoxville, of GIVING Exploration ...Co, lease - earnings to date, Since incorporation, it by sale of its stock to the public and by , the p.: 2346. and gas operations received from other companies in the form of bottom hole (i.e., contributions to the cost of drilling the Rosetta No. 3 well). monies money Delaware a non-producing leases in Newton, Jasper Counties, Texas, including f was " be for Authorized 29 by Harry J. Timberland- owns the quotation as of June 29, ■ no its to corporation the laws of June are ask. has had company financed The 189 This in the over-the-counter market during 1958 and the first six months of 1959 was a low in March, 1958, of 75 cents bid, $1 ask, and a high in April, 1859, of $2 bid to earnings while year, Earnings conversion extra Two offered is not of the company s shares indebtedness, Ass«fl6iated Oil & Gas will result in production of oil or gas in Therefore, the stock offered herein is a specu¬ to used : /Includes . represent the per share liquidation value properties nor to reflect any capitalization of future earnings. The range of the bid and ask prices for the company's stock The a under Common that fact the be merged; with CAPITALIZATION 75 to will - the of proceeds industries. ' assurance 110 the The company's principal place of business is located at 32 Industrial Avenue, Little Ferry, N." J. The company manufactures hydraulic fluid line fittings and related products for the aircraft and missile company quantities. security. claimed has of 19," 1951 Valley approximately 30 miles north of the City of Anchor¬ it owns the oil and gas leases on 05,500 net acres. The on unproven, wildcat land which to af large extent is where leases lative net certain •■March;30," 1959, liabilities engaged in wildcat drilling for oil gnd gas on lease lands in Alaska. It own.4 -and operates its own drill rigs. Its primary,,activities are in age, of BUSINESS—The company, i 1954, by George A.»Tucker. Its principal Anchorage," Alaska;- It is Rosetta and East 134 and advertising and sales program directed particularly California market, to finance increased inventories of hydraulic and for working capital. the following the was incorporated under (now. State of Alaska) March 29, D, located are skills extensive properties in the Susitna Valley, including in order , of final completion tests of Rosetta well No. 1; (b) drilling additional test wells at locations indicated by the results of the seismic survey; and <c> deepening and completing No 3, and the balance ol such proceeds v/ill be added to the general iunds of the company and will be available for general corporate purposes, including .an estimated $25,000 lor equipment, $25,000 for lease rental, $75,000 for extension of seismic survey, $30,000 for salaries, $30,000 for other expenses incurred ill the ordinary course of business and the balance reserved for fdtufe development of, the company's properties in such form as may be indicated by the additional geological information obtained by the foregoing drilling and seismic surveys. coihpany fiscal addition expansions, the ADM president said o.a cancellation (a) Territory of Alaska In Aircraft Associates, Inc.—Common Stock Of¬ Waters & Co., Inc., of Hempstead, June 18 publicly offered 150,000 shares of com¬ stock (par 10 cents) at $2 per share. Offering over¬ I., mon of Anchorage BUSINESS—The overseas domestic on foreign operations as investment abroad must 3 2025. p. more or its subscribed.- company's one previous $254,000.. increase be Arnav . created by a loan of date April 13, 1959, the proceeds of which loan were used to finance a seismic survey on the company's property.- Approximately $250,000 will be used during the 1959 season to continue exploration' arid drilling operations on the priority will policy that return on the extra costs, the extra govern facilities—will will fered—Hamilton, in the event rthey are not sufficient to accomplish tnenv ail. will be used to discharge bank loan indebtedness to the First the 188, existing declared,-emphasis Avon offered will priority to A ,of goals. he also wjth involved will —V. The hereby be warrant. commensurate modernization fftture years,- ADM ———XT— on offering. PROCEEDS— The five risks ing options to purchase stock, and 26,501 shares reserved for sale to key employees and professional consultants. National Securities Corp., Seattle, Wash., is underwriting the but be and achieve next conditions per three holders pf outstand¬ to expansion to the expansion, subscription July 31, 1959. Upon expiration of the subscription offer, the unsub¬ scribed stock will be offered to the public. Of the bal¬ ance of this issue, consisting of 70,675 shares, 44,174 offer and utilized For ■■■ ■ - " Financial Chronicle The Commercial and then was ment ol' •in have securities These They telephone salesmen. 35 urn Monday, July 13, 1959 . . over-the-counter market is 12'^c bid, 25c offeied, The Commission in this action was represented by Bright and Alan V Devaney Jr., Henry Bright and Alan was conducted under the supervision Milsee, Joseph F. Laffcrty and Edward J Jr., Henrv Devrney, Mr. Wmdels, John investigation It. Caist, and the investigation of Mr. Wiridels, by L. Bruce R. Conlin, Investigators. R. Gsist, and the 75'1 interest in the main leasehold prop¬ erties included in the transaction, with the remaining interests being held in equal parts by Magellan petroleum and Oil Investments, Magel¬ lan was formed recently as a result oi the merger of Pan-Israel Oil Co. Inc. and Israel-Mediterranean Petroleum Inc. Gil Investments is a subsidiary of Paneoastal Petroleum Co. and Pantepec Oil Co., both totalled $1,028,900 during the business year ended 1959, an increase of 64% over the $628,200 earned in 30 preceding ^'sales annbunced. on President, Saltzman, Maurice year, agreement, the Canada Southern group will receive partial payment in the amount of $1,500,000 concurrently with the closing of the transaction, with the balance of $2,000,000 to be paid in three equal instalments during the next three years. The agreement further accords to the Home-Signal-Kern team a purchase option under which it may acquire a 50% interest in on additional 31,966-acre tract retained by Canada Southern and its partners, which is located 011 the North Petitot structure. The pur¬ chase option is exercisable initially at $400 per net lease acre until Aug. 1,1960, increasing to.$1,000 per net lease acre in tne final year - time 30, April on the same compared with $1,600,400 at as ago. year a . ■ . 41 reported that the company expects its rate of growth to continue at a high level during the fiscal year now under way. "Shipments lor the spring ond summer—seasfens of 1959 were 38'* higher than those for the same seasons last year. Our advance bookings lor the fall season, on which we are now at work, show an increase ot more than 30% over the bookings lor the comparable period last year," he stated. . , . ' <~ "Although our total bookings during the past six months have been greatly ahead of bookings f.or the same period last year, we do not believe it advisable to project the entire year's sales at the same rate of increase. However, on the basis of these early indi¬ cations, we look forward to a substantial increase in net sales lor the fiscal year ending April 30, 1960," he added. A new 87,000-square-foot main office building, plant and distri¬ bution center new being constructed adjacent to the company's Cleveland, Ohio, headquarters' is scheduled for completion in July. An estimated $800,000 will be required to equip this structure and integrate it with the present headquarters. Tentative plans are now under review for construction by an industrial development corporation and leasing by Bobbie Brooks of a new single-story plant in Lock Haven, Pa., of approximately 50,000 square feet,--V. 189, p. 1571.; Saltzman Mr v.ork the —.V. 189, approved 7 common effective on July 9, and thus increased the authorized stock to 7,500,000 shares of $1 par from 2,500,000 shares Of par.—V. became $2.50 187, 2243. p. earnings for the first half of 1959 are net Zurich, Switzerland, one of the world's producers.//'%' • The plant is a completely modern facility situated on a 1,300-acre tract. Along with equipment for producing high energy propellants and propulsion units, the Ashville facilities include a test firing range lor rockets and missiles and research and development laboratories. The plant will provide Aincel Propulsion, Inc., with facilities for prototype production of advanced high energy solid propellant systems, along with capacities for developing cast and pressed high energy composite and double base propellants and propulsion units, motor year," Mr. Brockett said. crude oil production for pre second quarter is estimated 29,0.00 iWrels- p.. day, 2,200 barrels a day more than the corresponding quarter\of 1958. Residue gas sales in Canada for the. second quarter are estimated to be 64 million cubic feet a day. % In the United States, natural gas production of the B-A Oil Pro¬ average averaged approximately-60 million cubic fret, first hall the of Net production of crude oil lor the period at day was about equal to that ot 1958—-V. 189,' year. nearly 28,000 barrels a p. 1924. Interstate Co. Telephone — have approved by an overwhelming margin the Employees' Restricted Stock Option Plan as adopted by the Board of Directors on April 1, last. Stockholders of Holders ratio of maximum in support This the of of common shares be granted in No stock. the first more „ The „ is to be *ot the on and them. 2671 pp. 10,000 the plan and is to expire 2454. fair market ' 1959 ' . — _ 13.054,901 income. 11,719,434 $3,503,557 " 12,388 __ $3,304,825 21,821 before debuetions- $3,515,945 $3,326 646 1,146,364 1,147 057 $2,369,581 $2,179,589 369,292 380 549 $2,000,289 1,187 161 Net income 011 preferred stock Shares 1 106 426 ... ' 1 Balance ' ; of capital stcck outstanding: (par value $12.50 convertible Preferred 5.3'/* series series (par "E" covered 5.36% series 8 979 "G"_ series "H" §.5% scries I 14,495 4,744 6 297 3!914 G0I0O0 139,000 139,000 60,000 —— bonds out¬ for the period ended May 31, 1958 for 1 stock split for comparison of a of and and (par GIVING EFFECT 30 stock whose planter Profit 346,580 preliminary and subject to change.—V. 190, boxes PRESENT FINANCING 313,850 sris. $4,945,569 $4,336,871 4,804,422 4,889,780 $1,297 $141,140 4,276,758 $39,973 4,034,633 earned passengers—.... 19,986,435 *$52,909 90,988.847 Production Well— Cities Service Co.—Has New July 7 announced a new producing oil well, with an indicated.daily potential of 800 barrels of 35 gravity oil, on the Las Monas .structure of the two million-acre El Carare : rea in Colombia. on well is producing from 99 feet of perforations at depths The Las Monas 190, Petroleos.—-V. de 48. p. Fuel Iron & Corp.—Secondary Offering—A shares of common stock (no June^SO by Bache & Co. at $26.25 per share, with a dealer's concession of 80 cents per share. This offering was oversubscribed and the books closed.— V. 189, pi 2888. secondary offering of 30,000 par) was made on Products Co.—Stock Offered—W. C. Clifton Precision offered 120,000 share. Of the 120,000 shares,6 50,000 are being sold for the account of the company and 70,000 shares for the account of the company's sole present stockholder. This offering was Langley & Co. and associates on July 8 shares of common stock at $16.50 per oversubscribed and the books closed. the from . the proceeds to be received by shares, approximately $390,000 net of the prepay for Heights, space manufacturing additional and engineering capital. for inc. taxes Federal debt stock ~~ (par - shares have been ad¬ Net profit purposes. On —V. 188, per p. . outstdg. lOf this November $1.43 3,227,809 $3.61 10,004,735 $3.26 7,344,513 monthly 1,758,151 1,642,816 5,175,104 3,728,122 or $1,584,993 $4,829,631 $3,616,391 1,110 781 and amount share___ 2739 and V. 189, $1.24 p. 2888. $1.43 $3.61 $3 26 ^241.597 398,000 shs. is payable in monthly instalments to interest at G%'% a year; $73,434 is payable in to November 1962, wth interest at G% a year; $140,940 1967, 'with instalments $27,223 is payable in at 5'7% a year. interest 1.110,781.1.336.504 - 'Excluding amounts due within one year. 53,702,074 1,336,504' $346,970 £600,000 shs. $1) chattel monthly instalments to February 1961, with This indebtedness is secured by real estate mortgages. ^Includes 20,000 shares reserved for profit Common balance Outstanding Authorized $1.24 3,408,911 & The design, development, pro¬ duction and sale of servomotors, navigational computers and certain other servo-mechanistris for use primarily in aircraft and missiles. The unfilled order backlog of the company at March 31, 1959, was approximately $2,700,000.—V. 189. p. 2780. CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING is engaged in the synchros, instrument BUSINESS—Company $1,650,760 before State taxes on income equipment. will be available for working £ 209,450,614 161.549,710 the company will be used serial bonds, approxiof providing additional manufacturing and storage at the company's plant in Clifton Pa., and approximately $100,000 will be used to purchase .sale the company's 8% first mortgage mutely $220,000 will be used to defray the cost to 1959—9 Mos.—1958 $ $ Service carried project is a joint venture which includes Colombiaoperator, Richfield Oil Corp. and Empresa Columbiana Colombia Cities Service us 76,261,752 share ranging drilled 6,372 feet. This is the third producing well structure by a subsidiary, Colombia-Cities Petroleum Corporation. An active drilling program is toeing forward to determine the extent of the field. feet to 4,700 the Common (& Subs.)—Earnings- 1959—3 Mos.—1958 — 1959—5 Mos.—1958 995,943' 971,500 - pap. on Earnings Higher — 1959—Month—J 858 $1,011,473 $997,240 . & fixed exps Company are will be manufactured by the * '' 2,000.000 slis. cents) 30,337 483,033 189, p. 1925. —V. Pennsylvania Brick process, which will other retail outlets during TO 43,274 90,202 reyeiiueJ—* Revenue 1958. outdoor 5,712 02,002 ^ PROCEEDS—Of Century stores Soya Co., Inc. per 7,618 316.243 439,759 56,290 0,891 i. 1959, figures are Return sales promotion, officers and em¬ manufacturing is 16, shares indoor These planter boxes sales profit Net $31,738,000 $31,966,000 shares April on $ Net 11,866 1791. p. Central Net ears charges.-,-— box does not manufacture any of the applying the Century Brick process. the with Period End. May 31— Provision standing justed to reflect the 2 stock 189, . _/ Colorado America of company —V. 30.245 716 vacant at 60,000 (par $25) Principal amount of first mortgage "Common 11 947 2^869 Go',000 . "C". series 12,423 • 9,935 /_ "J'1 nonconvertible 5.08% been company department spring of 1960. itself. 44,613 1>3,371 / 48. Long-term «'F"— series series had planter additional line a exterior to Introduced the passenger Operating Stock Offered—Sum¬ and Corp. dealers .in its designed the on 19,867 4,630 Cincinnati Transit Co. its on $25) 9,138 5.2% 4.4% this work on salaries to items, incorporated buildings. The lias Century Common . 5.2% hew company, CAPITALIZATION 1 share— per "D" 5.28% Preferred carry . — "Common to major source cf the company's income is from its franchise Century Brick Corp. oi America is engaged at the present time in opening up franchise dealers within the United States to install and apply the Century Brick process to both residental and be _ Dividends specific Blancke $1,799,040 ! deductions. etc. 5G.141 31,132 1,894 Period End. May 31— The by 202,372 96,943 3,999 8,651 Trucks Total dealers. used 255,005 11,462 7r:_ Total i». hereby being offered for sala to the public. commercial *1959—6 Mos.—1958 35,483 17,555 5,170 50,101 . Dodge on Brick been the of "1959—Month—1958 Soto Tola! governmental research and develop¬ Corp.—Common engineering having account the a Chrysler Imperial never had a public offering of its stock, all of which prior to this offering, owned by 13 stockholders who do not intend sell their shares. All of the present financing is exclusively for materials Balance June, Dodge was, 1953. Plymouth, Dodge, De Soto, Chrysler ar.d Imperial and Dodge Trucks, U. S. only for the month of June, months of 1959, compared with the month year ago arid the first six months of 1958 was: Perold End. June 30— Century has • $16,558,458 $15,024 259 taxes and operating earnings-^—.—_ Interest, through and be used for selling, advertising and and Output Higher- cars Plymouth The BUSINESS—Century 1969 1 Earnings Increased — revenue—.. Operating expenses Net as plans company well ployees, rental for offices, display facilities, and 4oy working capital. to Nonoperating The of Chairman and Vice-Chairman during recent years—V. 189, p. 2455. company vehicle engi¬ and for the first six 1959, Blancke has been elected Chairman and Corporation, March on - California Water Service Co. Operating is Celanese positions developing . of production passenger from Harold % to act.as the greatly increase the tank's operational range It will operate with a four-man crew.—V. 190, p. 48. June Car De , previously .selected engine will mobility." and vehicle in existence. was lor the- new tank. agency diesol The Blancke Chairman— the of corporation neering contracts. mental medium' tank: millimeter grin will The of the M-60 is scheduled to replace the present Army Ordnance officials believe the M-60's new provide the necessary fire power-to successfully the Army According to Securities, Inc., of New York City, on June 22 pub¬ licly offered 150,000 shares of common stock (par 10 cents) at $2 per share. % \ % PROCEEDS—The net proceeds will be added to the general funds of - less than 95% of the option is granted. Twelve Months Ended May 31— \ for initiative,'as Century Brick dat<* the unless sooner terminated, plan, 189, than years made any determination of the number will he granted under the plan. yet options slock the five * price option of to not which for The value have diesel-powercd medium tank, slated to be the Army's main tank,-.will toe assembled in the Chrysler-operated Newark, Del., plant. -Chrysler will also manufacture components for this tank in Detroit, Mich., and Scranton, Pa. Chrysler's Airtemp Division at Dayton, Ohio,-will supply fire control equipment for the new tank as well as other tank components. Employment in these plants will remain at approximately present levels., / direct efforts towards development of powerful fuels with view to their eventual volume also participation as a major supplier of raw ma¬ terials and only affirmative an corporation tank would company production plan represents incentive purposes, the plan provides officers and employees options to purchase selected are shares —V. in it. the advanced, more Celanese management 20,000 shares Directors has been awarded contracts by the U. S. Army approximately $21,000,000 for production of 160 new M-CO medium tanks with delivery scheduled to start in the second quarter of i960.'. , - mit operation. common Is that The 1. Designed for for granting to a voted against voted were 27. to company shares 412,951 shares of the of Corp.—Awarded $21,000,000 in Contracts— Chrysler This George Schneider corporation, it was announced on June 30. Mr. Blancke lias been President of Celanese since 1945. He will continue tc serve in that position as the company's chief executive officer. Mr. Schneider,. since 1950, had been Senior Vice-President. Option Stock changed totaling named Vice-Chairman of this Approved— 15,294 said J3. California Plan i'u ad." retirement", sinking tficjr amount to be deposited each year ,if earned, in one of two sinking -funds. The othur sinking fund requirement, requiring an annual payment of $549,039 was not affected by the change. Dividends; on the road's preferred stock have beer, omitted since 1954 and/oh the common stock since 1950.—V. 189, p. 2455. > ~ said, activity at the Aslieville plant. ^ Although details cannot be disclosed at this time as <0 Celanese activity in the high energy chemical fuel field, Mr. own l'br the a day by the company. addition, Mr. Bluneke. with Canadian ducing Co. certain with working actively to develop a number of other chemicals which could figure significantly in missile fuels of the future. Research and development toward these ends is being carried on in the Celanese Chemical Research lab¬ oratories in Clarkwood, Tex., and in the company's general re¬ search laboratories in Summit, N. J. This work will be coordinated last to of income otherwise limit "June, important potentialities in some of higher impulse propellants include high alpha cellulose monomers and polymers being manufactured and mar¬ hewer In company's crude oil, gas and refined products for the are expected to show an increase over the same period the of "Sales spokesman said "up to 50% s products Celanese the keted Gulf. first six months a Sinking fund provisions of the second mortgage bonds were to ac¬ from mOerlikon Corp., rocket and missile and expected to approximately 10% higher than the earnings for the comparable period of 1958, E. D. Brocket!, President, stated in his quarterly mes¬ sage to shareholders. This increase in earnings absorbs a write-down of inventory value of nearly $3,000,000 and does not include benefit arising out of any portion" of the available tax deductions transferred be from Canadian debt polymer chemistry. Oil Co. Ltd.—Earnings Increase— British American being is foremost Present Consolidated It high energy chemical fuel operations of Amcel Propulsion will be supported actively by the Celanese Chemical Division/Mr. Blahcke pointed out that this is a logical extension of the Celanfe.se position in producing and marketing-synthetic organic chemicals, as well as the company's 35-year research and .development background in split stock three-for-one a the change, With available fop property improvements, working capital, possible dividends other corporate purposes would have to be paid 4o the special and The Co.—-Stock Split Approved— July holders of the road's first modification in the sinking outstanding. Propulsion, Inc., plant will be owned and operated by Amcel Celanese will have a controlling interest. which quired • ' on Provisions provisions of both issues. The change to the first mortgage bond indenture, in effect, will eliminate or greatly reduce payments into a special debt retirement sinking fund/ Approval of the change has been received from holders of about 85% of the first mortgage bonds challenge' any armed Plant— corporation The in a stockholders Bond — fund 105 has contracted to acquire a plant in Ashcville, N. C., lor the development and eventual production of high energy chemical fuels lor rocket and missile propulsion systems, it was announced on June 30 by Harold Blancke> President. name Bristol-Myers The Tne company on July 6 announced that and .second mortgage bonds had approved a M-48 . . . " of America—To Acquire Corp. Celanese This loading and assembly. which Ity. Western North & Changed— 694.000 1'.*4,242,000 *18,327,000.. 189, p. 2671. . 1019. p. 736,000 operating deficit.—V. "Net chain ol over 30 retail foot] supermarkets under in the Detroit metropolitan area. They have with other Food Fair Stores outside metropolitan Detroit. connection no rents income operating Net 63,102,000 299,535,000 282,293.000 62,408,000 303,777,000 300,620,000 62,929,000 _ 62.193,000 and taxes Exps., ' Fair" "Food revenues $ $ ' <J> Operating for the previous fiscal year. Net profits in the latest fiscal year reached $1,425,000 or $1.27 per share, as compared with $1,105,000 or 99 cents per share for the 52 weeks ended Jimc 28, 1958. There are 1,119,510 common shares "''Company operates 1344. -p. tattle 1959—5.Months—1958 1959—Month—1908 Period End. May 31— July outstanding. $23,412,250 in the six months' period ended 195% over the year ago period, and 54% over half year sales total"* of $15,241,973 in 1956* The Bys.—May Earnings Higher— National Canadian compared with $67,074,000 as completed within be 189, up record Chicago . contemplated by the the operator, are known producing provides that the u-' period of live, years.—V. 187, p. 2903. of exploration drilling agreement, the purchasing companies, with Home as required to drill a minimum of 5 exploratory wells to horizons of' the main leasehold area.' The agreement 9 this corporation reported u 17'.* increase in sales and 29'; increase in earnings in a preliminary estimate of.annual figures. For the 52 weeks ended June 27, 1959 net sales totaled $78,750,000 a the of terms ending July 31, 1963. As regards the program Earnings Up— Food Stores, Inc.—Sales, Borman On ^ firms. the Under the, 12 months ended April 30. This was a of $2,673,100 or nearly 12',* over the $22,341,500 figure for the preceding year. Earnings per share totaled $1.69, as compared with $1.03 last year As a result of increased earnings and the first public sale of the 'company's stock last February, working capital climbed to totaled $25,014,600 for new high, and a gain $3,285,300 holds a Southern Venezuelan 1959, previous —V, Inc. Canada 30, the assets July 1, at the reached Sales' volume June $250,464,741 reached Oils United arid ments. profits April the ever $3,500,000 and-conduct a Inc.—Net Profits Up 64%— Bobbie Brooks, Net — Reports Major Territories— Ltd. providing for the latter companies 10 pay five-veil exploratory program in exchange lor exploration rights oh 1,224,050 acres in the Northwest Territories. The properties currently are held under petroleum permits by Canada Southern and its partners, Magellan Petroleum Corp. and Oil Invest¬ Ltd. , six at the close of business on 1959—an increase of 28% over the net assets of $196,378,283 end of 1958, and 63% greater than the year ago net assets. believed is lands $250,000.000— 3 reported of a new record high It: net month sales' total in its 21-year history. July on largest assets Net to be the largest transaction on untested oil and made in Canada wax announced on June 30 by this company which reported having concluded an agreement with Home Oil Co., Ltd., Signal Oil &,-Gus Co., Kern County Lund Co., Ahnlnex What gas accounts. calls Fund, the and Ltd. Petroleum Southern This 189, p. 2888. 1.—V. for 2 Chemical Fund Inc.—Assets Cross were issued in ■ pay¬ 19, 1959, the common 56,255 shares of common stock .stock dividend- On March common split Canada • nominees, Canadian drops and numbered Swiss hunk The brokerage firms used high pressure, long distance, telephone to merchandise the stock in typical boiler room fashion. The current domestic 5% a was Transaction in Canadian Northwest • been registered with the Commission. brokerage firms from Boren through never defendant the to tame i , . stock 1959, 19. March split 10-£or-l and Boren held as a result the entire being (>,750,000 shares. • Since the stock split, approximately 050,000 shares of Boren s stock have already been publicly distributed by the four defendant bioktidealers at prices ranging from $1.00 to 81.25- per share by between stock outstanding shares, . . (152) 4 issuance upon exercise of stock options. UNDERWRITERS—T.he Langley & Co. several underwriters (/'the managing underwriter") represented by \V. C. have agreed on a firm Volume 190 Number 5863 . The Commercial and Financial Chronicle . . commitment, basis to purchase from, the the respective numbers of shares of opposite their, names in the following tabic: ""'ft-' • • -'ft; \ 'ft , common-stock ' W; C. Lailgley & Co/ftM ftA—ift.—-ft. ft ft-—-,.. -.v.. A. Allyn c. & Inc." Co., •Elair. &. Co..; Inc 1 . - Brown. & Goodbody A- Corp... ft. • Co._ ft _ft Newburger & Co. Yarnall, Biddle & Co._—_2 ;ft__ft_.- . ft ... 1.455 1,045 1,455 1,045 - Co.ft__.ft 1,455 •; 1,455 " & Co Doclittlc ft., w._.— —... &• Co._ft_____ * & : Stieglitz Saunders, Stiver & Co Van Alstyue, Noel <fc Co C. Wheat & Co G25 ■ 625 ft _ ftft._*ft_._ft— commodities in Tucson, Los 875 was 875 given To — Act Surety ft''' Subsidiaries' Bonds— This as and a proposal, with the SEC surety on bonds to be postedrby two sub¬ incident to rate increases; and the Commission has issued an order giving interested persons until July 16', 1959, to request a hearing thereon. /ft-"'. '•7ft.7. \".7■) •: ''»-•* The two'subsidiaries, United Fuel'Gas Co. and The Manufacturers Light & Heat Co., have filed revised rate schedules with the Publiq which it would sidiaries as act as an enues. upon Commission of in contingent and 30 Sept. refunds 12, the-amounts pf "was made by A. Schneider, President of this corpora¬ Cohn, President of Screen Gents, that following the recent Briskin Productions, Irving Brisken lias, re joined Columbia R. the hauling lease of , these time board directors of was The Vice-President^ "of. the parent -ft... ft" '■ 'l. ft-," -ft -ft/ftSchneider,. President, and Samuel J, Briskin,-' Vice-President in as will facilities,. CF $30Q,000 ' ' y pay * for the based in Portland, Ore., grossed $467,369 A elimination Commissioner a Everett acquisition Arizona than more Express.—V. 189,. p. 2455.. company. Mr. charge of production and West Coast Operations qf Columbia Pictures, on July 1 announced the signing of a new contract with 9. ,B. Kahane, Vice-President of the company since 1936. Kahane will continue active services with term advisory services will commence.—V. .189, of the Columbian Carbon Co.—To Build in This company will build for million 00 over the of Itaiy— ft/ $6,000,000 plait, with-production facilities of carbon black annually, to,.supply the a pounds European Common Market Shepard, President. 'ft Const-ructicn whereupon his long p.. 2888,-_ -ft. Until the end of 1960, company it area, ■ plant new announced was July -1 i-by /'ft. "..ft * begin immediately: in' • will into move the Common Market by Columbian Carbon, is part of the over-all international expansion of the company.- Mrr Shepard said that his firm is. now studying otherlikely locations for furtherworld expansion. •••.- ' Columbian. Carbon Europa will be the largest • initial* carbon black modern American designs, to be-built in' Europe. the material for the new plant's construction will come from facility, embodying Most of Italy and the other Common Market nations, Italian construction companies will .build the plant from designs created.l>y fho-Columbian engineering staff.—V. 189, p. 102Q. * - Commonwealth Edison Co. Period End May 31—-" («& Subs.) 1959—5 Mos.- -1558 ' '■■■ Operating Oper. Net -Earnings— In income public filed on 31,056,796" 233|D94 39,844,934 6,395,168 31,197,392 — 88,617,589 Common of shares period Earns, —V. per 189, at ' 29,877.181 of common - the exemption false tained to 18,025,270" 13.433,125 share.. $1.62 $1.34 1925. from that the company's offering circular con¬ misleading- representations of material facts with other, things; to the company's properties and the of promoters and management officials and the con¬ the basis on respect, among holdings paid therefor in relation to the consideration to public sale of stock. . 'v the At the July 14 hearing, inquiry will be conducted matters for the purpose of determining whether the vacated be made or Consumers permanent.—V. Power rose more total of $12,264,919, ' 66;03§,482 5^,253,581 ' 18,433,125 18,025,270 $3.58 $2.90 • the program, than 42<7> in the six months ended Connecticut Water Co.—Rights Offering Completed— 38,936 shares of conjimhn stock offered for sub¬ Of the scription to stockholders and certain employees of the company, 35,093 shares were subscribed for by stock¬ holders or their assignees through exercise of warrants and 396 shares were subscribed for by employees. The remaining 3,497 shares were purchased by the under¬ For total 1959 are Merger Fidelity-Phenix of corporation Buffalo, M. Y. N. is July 6. the to President the M'crckens announcement an of Consolidated Chocolate issued and Foods on Co., July August Inc., 3 by Mefc- kens, President of Merckens Chocolate Co. Merckens Chocolate Co. was founded in ' the As the line cash with our wherever modern of intention 189, p. to make such, acquisitions certain operating by this rights of corporation a fifth York 1020. has of four been motor approved carriers by the and Inter¬ heating washers formerly of Ave., established were surviving equipment company dryers by level and other home Controls A-P oil valves for use Corp. all on employing regulating pressure and conducted constant vaporizing oil burners, and solenoid operated valves used in and Oil control valves and related thermostatic devices for home heating, and solenoids, switches and water equipment are manufactured by the and in The Netherlands.—V. 189, valves mixing for home laundry subsidiaries in Canada company's 2781. p. To Increase Capitalization— The stockholders of incorporation will vote July 21 on proposal that the certificate a to increase the amount of comma* stock shall be authorized to issue from 1.000,000 shares to 3,000,000 shares, all ox' the par value of $5 per share. which the be amended company the proposed amendment If will is adopted by the stockholders, the com¬ approximately 2,285,278 shares in outstanding on May 31, 1959, and it is the basis of the 714,722 shares outstanding on said date, bo authorized the of excess expected, 714,722 on issue to shares that 357,361 shares will be distributed on Aug. 10, 1959 to stockholders of record at the close of business on July 24, 1959 pursuant to the 50fr stock distribution declared by the board of directors on June 10, 1959. In addition (i) 46,371 shares are reserved for issuance pursuant to options heretofore granted under the 195o stock option plan; (ii) 7,512 shares are reserved for issuance pursuant to the exercise of options which may hereafter be granted under the 1956 stock option plan; and (iii) 100,000 shares will be reserved for issuance pursuant to the exer¬ of options hereafter granted under the proposed 1959 stock option plan of which 23,185 shares will be made the subject of options to be granted by way of adjustment of existing options for the 50',Stock distribution, provided such proposed plan is adopted by stockholders at the special meeting to be held on July 21, 1959.—V. 189, p. 2781. cise The proposed the and increase of Coral Ridge This company, in the of amount authorized stock distribution will not proposed 50'; tlxo capital amount and surplus common affect the the company.—V. of stock aggregate 189, p. 2781. Properties, Inc.—Registers With SEC— located at 716 North Federal Highway, Fort Lauder¬ registration statement with the SEC on July 8, 1959, covering 450,000 shares of 60c cumulative convertible preferred stock (no par) and 450,000 shares of class A common stock (no par). The dale, Fla., filed a securities arc to be offered for public sale in units of one share of preferred and one shire of common, through an underwriting group headed by Cruttenden, Podesta & Co. and J. R. Williston & Beano. The public offering price of the units, and underwriting terms, arc to be supplied by amendment. The underwriting agreement provides for the payment of $45,000 to Jerry Thomas <fc Co., Inc., one of the under¬ writers, for advice and financial services in connection with the financ¬ ing, and of $44,000 toward the expenses of the underwriters. The com¬ also has agreed to sell the underwriters 10,000 shares of 6ft preference stock, $1 par, at $1 per share. The no par pre¬ being offered for public sale is convertible into class A common pany cumulative ferred on one-for-two a is basis, payment of upon $3.33 share per of class A The common. $1 par preference stock to be sold to the underwriters into class A common on a one-for-fifteen basis, upon $3.33 per share of class A common. convertible of payment Coral Ridge was organized in 1951. It recently has been merged with and upon such merger the company also acquired other corporations; additional companies two subsidiaries. as All the stock of the 14 com¬ panies was owned under common ownership by, the present stockholders Coral Ridge. The constituent corporations were a largo part of a of of known collectively as Coral Ridge Properties, of which was owned by James S. Hunt, Presi¬ Vice-President, James S. Hunts Jr., Vice-President, and Stephen A. Calder, Secretary (all arc directors); and they have carried on a real estate and land development and sales program in Florida, primarily in the Fort Lauderdale area. All of the company's properties were, prior to the merger, separately owned by the constitu¬ ent companies; and the former stockholders have received 4,200,000 group almost dent, cmporations all of the P. Jack Hunt, stock the net and common of this proceeds shares 300,000 financing, class of $2,000,000 B will by common be applied to $16,748,979 as of the prepayment of tne mortgage in the amount of April 20, 1959, to Arthur T. Gait and Ida Cook Gait, to which proper¬ ties of the company are subject, of which $14,595,508 is deemed allo¬ cable to properties owned by the company. The balance of the proceeds be added to the general funds of the company and be available, together with other funds, for use for land development of the proper¬ ties, working capital and possible acquisition of other properties. The $2,000,000 prepayment on the Gait mortgage will result in the cancel¬ will lation it of by additional an total a $1,360,000 of such thereby mortgage, reducing to a remaining balance of $13,388,979, of will be applicable to properties of the company. The Is planning to continue during 1959-1960 the development of of $3,360,000 which $11,235,508 company Coral the Ridge at acreage estimated an also lias the received ing annual expenditure of and' Chairman as Federal incomo President of both, the will be made after the proposed distribution to be considered by stockholders at a offering 50&—common stockmeeting on July 21. underwriting group to offer the stock publicly will be formed by Pierce, Fenwer & Smith Inc. and Lee Higginson Corp. Merrill .Lynch, the total, by will be sold 50,000 shares from selling of group a Proceeds sale the by the company stockholders. and 141,703 .. Cash share per flow 1558 3,210,000 3,408,000 $4,516,907 $5,193,272 — —.... stock... of M of ... $1.64 $2.01 10,986.972 9,998,365 — ... .....—... — share per Shares stock $4.00 $3.87 2,748.645 11.000 2,584,005 8,100 $2,756,137 $2,533,995 outstanding, Number year average. shareholders (est.) ...—..... of Cash dividends Cash ... 4 dividends paid per share of stock.—.. paid Stock distributions Year-end ... equity—book ...— net worth — $1.00 40,945,796 — purchases restated $1.00 3ft —. for purpose of 3ft 35,160,944 compara- semi-conductor Approximately be invested companv since dividends Oct. of stock to stock or has 1, .1875 the will paid 1957 general in to quarterly prior retire notes Swiss subsidiary. to a and to used be advanced cents dividend The the Board next screw cash which dividends the of company $250,000 20 cents per paid quarterly share following the initial sale of com¬ public in July 1956. The company also paid 1957 and a 3c'c stock dividend in — New Product 18 announced its newest development in Water famed single stator, the simple rotor Incorporating the corrosion-resistant Pumps. a abrasion—resistant turning helical within handles more water from greater depth with less horsepower and at lower cost. The out¬ an "Spirit" new standing features of the new "Spirit" command comparison with every submersible and jet pump—it challenges other type pumps for domestic water system water —V. installations' to "Spirit" new 230 or volt, Continental New York ' against 40 pounds W. The Co. Inc.—Best company was principal office selling organized Securities, Inc., of to was GIVING on EFFECT TO 15, 1959 under Ave., Huntington. primarily in the Jan. is at 607 Twelfth organized cigarettes by mail. company CAPITALIZATION engage PRESENT FINANCING Authorized —V, 189, stock p. pressure. quickly oversubscribed. Its shares Common tank on July 1 publicly offered 100,000 shares stock (par 10 cents) at $1.25 per share. This was law. of feet 150 Tobacco BUSINESS—The business settings. 60 City, Delaware Va. from foot 150 horsepower unit available with 115 volt cycle motor. It yields four gallons of Va a 600. p. offering is phase, minute per 189, single of common per March Submersible principle, of The of Directors has expressed its intention of quarterly cash dividend (on the increased number outstanding after the 50',1 stock distribution on Aug. 10, 1959), which will be payable about Oct. 5, 1959 to stockholders of record on or about Sept. 21, 1959, in the amount of 20 cents per share. 1959. declaring The company on June System products. $170,000 in Continental Pump Co., St. Louis, Mo, Announced— . shares by of Controls company will be added to general funds,, with approximately $750,000 earmarked for acquisi¬ tion of a Canadian plant for the production of motors and solenoids, construction of an addition to a plant at Folcroft, Pa., and acquisition of property and equipment in Arizona for productibu-of rectifiers and of Earnings Cash on July 8 filed a registration statement with the, Exchange Commission covering a proposed public offer¬ shares of common stock (par $5). and 191,703 The 27o accrued taxes ♦Exchange sales and bility.—V. 189, p. 1128. company's common stock is now listed on the Midwest Stock Exchange. The company intends to apply for the listing of such stock on the New York Stock Exchange. The 1959 $83,077,087 "$86,773,955 7,726,907 8,601,272 taxes Net income to earned surplus merger The share (& Subs.)—Earnings Off— April 30-- Gross operating income-.— Profit before Federal income company of will Year Ended an¬ * C- Cosden Petroleum Corp. into management of both firms last week, necessary approval of state Controls Co. of America—Registers With SEC— May acquisition New ox the effective, the merger terms, Continental shareholders receive a 10'f> dividend ard «ach Fidelity-Phenix share is to be exchanged for 17/100tlxs Continental share.—V. 189, pp. 44, 2348 and 2564. This a Consolidated Freigrhtways, Inc.—Further Expansion— The Herd Securities . possible."—V. Co. Insurance Fire has.become Co. Under a announced which the $1,800,000. stock one mon in for with production construction on formerly controlled jbixitly by the two companies. With the disappearance of Fidelity-Phenix, Continental remains as the only insurance company listed on the New York Stock Exchange. is the firms is Soreng commercial refrigeration and air conditioning. Of $117,500,000 p. 48. of 190, .y; i West companies have operated under joint management, with two Victor other equipped for of expansion, , automatic on business manufacture A Approved by stockholders regulatory authorities. J. 1921. Its Buffalo plant and specialized; equipment necessary variety of high quality. chocolate coatings and related products used by confectioners, bakers, and ice cream manufacturers throughout the country. Mr. Kennedy also stated "Consolidated is acquiring. Merckens for cash, and therefore no new Consolidated stock will he rjssued. This is oxx consolidation Of Corp.—Acquires Chocolate Mfr.— acquiring according Kennedy, Insurance nounced shares Consolidated Foods expenditures to and 9555 merger. competitive bidding on or about Aug. 18 planned.—V. 1936 at Continental Insurance Co.—Absorbs Fidelity-Phenix— An per types the sucli price, obtainable. improvements use The of class pointed out in it's petition that it spent $90,300,000 expand and improve its'electric and gas facilities in 64 counties in order to meet the increasing need of its cus¬ Michigan for of to 1958 and 807. writers, headed by Putnam & Co., and sold at $17 share. For details, see V. 189, pp. 2885 and 2672. devices appliances. consists of - per May 31. p. S. at ; . in a on Jan. 31, 1956 of Soreng Products Corp. and A-P Controls Corp. The business formerly conducted by Soreng Products Corp. and its predecessors consists of the manufacture of electrical control reason .. .. offices successor to 1924 shares group, share increased from $9.14 on Nov. 30, 1958 to The increase was due to continuing investment by new and o*d' shareholders, and to a substantial rise in common stock prices, S. Vtaldo Coleman, President, repoxted.-r-V. 189, This .. be subject to position of the financial incorporated under the laws of Delaware in executive the is suspension should Co.—Financing Plans— be sold would best necessarily and merger 2672. p. will make little change in the conduct of the business. It leaves Continental as the sole parent company <of the America Fore Loyalty insurance according to the senti-annual report * asset value on 189, be received 111., period from into the foregoing has company The bonds 2,675,255 .'-'.','1 stockholders. Net $9.99 pro¬ and stock sideration 54,928,836 3,168,511 ' Net assets of this Fund a Consolidated Petroleum 1959, preferred and one share of common at a unit price of $3.75 per share. By order dated June 9, 1959, the Commission temporarily suspended improvement Comnio-nwealth Income Fund, Inc.—Assets UpMay 31 to 30, of 80,000 shares of preferred stock and stock, to be sold in units of one share of 16,024,707 69,203,093- 24,175,411' end — oom. p. for hearing Public Service Commission for due Aug. 1, 1989 to realize approximately $35,000,000' to be used "in the company's expansion and 70,953,543 19,413,596 25,495,622 1,220,211 1,320,211 stock the company, a asked the Michigan permission to sell first mortgage bonds 8§,067',854" '^0,303,184 ;'/-"549;73S>650,359 31,890,790 8,647,542 dividends common April offering Continental Bal. respondent scheduled The .company income stock — principal Park, the in 11 notification a tomers. Net Inc. '■ . shares in 39,643.630 Int., etc.. deductions—-.. Pref. the has request 80,000 income income' (net201,304 Gross of Commission the for operating the Texas. : 191,649,236 165,373,659 431,391-;880 383,902,501 taxes-!.' 152,005,606 133,716,863 343,324^026 313,659,317 and Industries, Securities and July 14, 1959, in its Fort Worth Regional Office, to'determine whether to vacate or make permanent an, earlier order; of ';the Commission temporarily suspending a Regulation A exemption from registration under the Securities Act of 1933 with respect to a proposed public offering of securities by Consolidated Petroleum Industries, Inc., of Saxx Antonio, revenues exps. Other $ At Exchange This 1939-^2 M0^19'58 S - *• ^ W'j '• ' • posed northern Petroleum Hearing Ordered by Securities a-nd Exchange Commission— Lyle L. Italy, near-Milan, and it is expected to. be in full' operation ..by early 1961. It. will-operate under ther company- name of Columbian Carbon Eurcpa. -/ftft-; ./-:-■ -.--.ftThe Consolidated will operating ' with' its Schiller interstate rights, of .Hutchinson dissented. of these, carriers had, in some three years. The oldest application for Gallagher Freight 'Lines, which was filed on Feb. 14, 1956. most recent was filed Dec. 20. 1956, for approval of purchase of Pictures and Oregoix ; Applications for the been pending for bia full a in . cases, as service dividends the 'Controls Co. of America, 1953, pany mcachinery assets. approval. employee, charged with -the responsibility of administering the West Coast activities of Screen Gem's," tjfje Columbia television subsidiary. At a meeting earlier he was elected by the Colum¬ Pictures oper¬ will give CF entry into Canada through a third gateway.Snead said. CF already makes cixtry through Blaine, Wash., axxtl Sweetgrass, Mont. Of the eleven members of the ICC, Commissioners Howard G. Frcas, Anthony F. Arpaia, and John H.' Winchell, took no part in the Announcement of It Co., 36-year-old regular route general commodity founded and co-owned by Harry and Tony Martin, in 1958. It also has irregular route household goods $708,315 heavy 1658. to Columbia Pictures Corp.—Brisken Rejoins Company— tion and Phoenix, $1,430,216. were its outstanding stock. ' v M', M ■'/. vCF will pay $60,000 for certaixx- operating rights of Buckingham Transportation Co., between Fargo, North Dakota, and Winnipeg, Manitoba, Canada. The approval of these international rights, subject collected 1959, respectively- Columbia Gas proposes to act as surety thereon without fee or other expenses in order to relieve the subsidiaries of paying the customary fee of 'a surety company.—V. 189, pp. 2672 and 2888.0,/ ft: Jr.7 buy-out 1958 in heavy hauler and bulk cdmmodity carrier over irregular routes in Oregon, Washington and Idaho, it operates 65 pieces of equipment, and employs 23 people. The 48-year-old coihpany will be acquired through the exchange of 15,060 shares of CF stock for all West the cover in terminals of and _ and employs 152 people. Purchase price equipment, Kenneth Poorman Co., Inc., Virginia which will provide 'increased rev¬ revenues has been permitted effective the posting of bonds in the respective amounts; of $3,Q00,000 and commencing Aug. Revenues with Transfer 20-ycar a Collection of the increased $5,000,000- to- California, $575,000. as company's - Service and declaration conditions company. engaged Washington. Terminals are maintained in Longview, Wash., and Portland, Ore. A household goods warehouse—the only one in the area—is operated in Longview. The warehouse and a maintenance shop, also located in Longview, will be retained by the Martin brothers. CF has negotiated on has'fjlccl New York holding company, under is cities 13 Angeles. carrier, grossed System, Inc, Arizona pieces of common Qas in Angeles, Calif.y and Phoenix, Tucson and Douglas, Express is a regular .route commoxx carrier of general and 154 Martin 2780. p. Columbia business " between Los Arizona ates 875 G25 — 875 625" Winslow, Cchu & Stetson Inc.189, Ariz. service 525 ■ J. —V. - * ' terminals 875 7-;v : „ Halle with 875 875 ., G25. a. Thereafter, Inc., provide CF the opportunity of serving the Denver area and strengthen thq Company's operations in the Intermountain area." Approval of Arizona Express will enable CF to give east-west 875 G25 . announced Lines, "will 1,455 . G25 „ • Courts , 2,920 ft:.' V 1,045 1,045 Freight primarily in regular operations as a-general commodity carrier in Colorado, Utah," Wyoming, Montana, and Nebraska, with additional irregular route and specified commodity authority in Colorado,1 Wyoming, Nebraska, New Mexico and Kansas. Gallagher grossed $3,947,745 in 1958, and employs. 367 people, and owns 229 units pf revenue equipment. Twentyeight 40' trailers and 20 Freightliner tractors are on order for de¬ livery in the near future. "Gallagher's acquisition," said Mr. Sncad,. .. 2,920 . 1,045 , Gallagher are: route 2,920 -< 2,080 & Burnham v , 2,920 2,080 _ Sullivan & Co., Inc—ftj—ft_ Townsend, Crouter & Bodinc DeHaven v 2,080 .w--—-w Co & Eoxwortb, .3,500 r- 2,500 -2,080 Inc Bo'cnning 5,835 2,500 ... Sons—, Co. As 3,500 n 2,500 Equitable Securities Stroud .5.335 " ■ L. S. Sncad, Jr., President effective July 27, " carrier 18,375 2,500 • - Haytieu, Stone & Co.— Spencer Trask & Co Alex. Stockholder ft 4,105 ■\ J. is involved 3,500 From Selling « 4,105 l,.: approval carriers Denver, Colo.; Arizona Express, Inc., Tucson, Ariz.; Martin Transfer Co., Longview, Wash.; and Kenneth- Poorman Co., Inc., Portland, Ore. Also approved was; the purchase of international operating authority from Fargo, N. D., to Winnipeg, Manitoba, Canada, of Buckingham Transportation Co.,.: Rapid City,. S. D. These transactions will involve an exchange of 135,060 shares of CF stock and the payment.-of $935,000 in cash. The largest of these acquisitions is Gallagher Freight Lines, Inc., being acquired for 120,000 shares of CF stock. This Dcnvcr-bascd - ■ 13,125 cb.;-2MAft-~ft-M,ft. Hemphill, Noyes & Commission, The 17. 3,500v From - Commerce June ob The** motor CompanyDrcxel &, Co state forth ■——Shares -■ • set .> ft'*7 7 -7", and the selling ^stock¬ company holder 5 (153) (par 1792. 10 cents) - 3,000,000 shs. Outstanding 1,020,000 shs. i Financial Chronicle The Commercial and ...I^onday, July 13/1959 <154) 6 One-Third of Common Stock Annroximately 760.000, or one-third of its outstanding common .ha£E tendered by stockholders under the $45 offer made by toe wmpany, in early June. Thomas M. Evans,. Chairman of the Board and Chief Executive Officer, announced July 5. Co.—Retires Crajic Act no subscription will be accepted from stockholders in the U. S or a territory or possession thereof. Such holders may dispose of operation its 20% chlorine-caustic, soda __ the rights provided sales are made outside the U. S. . V: v "We are advised by Morgan Guaranty Trust" Co.', of New York?, as plant expansion at Deer Park, Texas, on June 15. The start-up of the depositary, that, the rights attributable to American share certificates new plant was timely in relation to—gradually improved demand for -chloride and caustic soda this year. The initial operating rate of the < issued by said depositary-will be sold by the depositary and proceeds distributed new facility will be in excess of 50% pro rata to the "holders of American shares."—V. 169, < of capacity. The new facility- • brings the aggregate capacity of p. 1451. the company's entire Deer Park Works to a nominal 750 tons per day of chlorine ... with a concurrent capacity of about 825 tons of caustic soda and Electrical Products Corp.—Two New Directors— 7,500.000. cubic feet of high purity hydrogen. The new facility employs,/ 'William E. Cranston and Sam W. Scott have been elected to the the most modern technology in mercury cells, power rectification, and recently expanded board of directors of this corporation, J. H. Penprocessing of products and raw materials.- Previous expansions at gilly, Chairman, and Wm. J. Vaughan, President announced on June 22 Deer Park utilized the Diamond rectangular diaphragm cell, however, Mr. Scott is one of the five voting trustees, director and Pacific the recently completed expansion utilizes 120,000 ampere mercury cells . Coast Manager of Graybar Electric Co., Inc. He also is a director and made by do Nora in Italy. This equipment was selected for beneficial former President of the Pacific Coast Electrical Association. integration with existing' facilities and to make available all com¬ Mr. Cranston is President and director of Norris-Thermador Corp., mercial grades of caustic soda at Deer Park, including high purity and was a co-founder of Thermador Electrical Manufacturing Co.. rayon grade material which the new ceils will produce.—V. 189, p. 2673. acquired by Norris in 1950. He is a director of the Pacific Coast s Guaranty Morgan approximately 766.000 shares of Crane Co. their holdings under the terms of our of tendered who to Trust C. - common stock June 5 offer ot Crane by approximately book value of he, wmaimng by around $lo a share. As part of our continuing revitalization program to correct Cranes overcapitalization to a realistic figure and to Its talents to constructive use for the benefit of the company as a whole, the request for tenders was highly successful. "The tender prpgram required the retirement of sinking fund turcs. .During the month of May, the conipany reacquired $2,.»00,00 of the debenture issue oh the open market at a discount.- -It then • called in the remaining $14,446,000. This not only permitted the request to be made for tenders but eliminated the term debt. Mr. Evans' achievements in the 60 days during which lie has been Chief Executive Officer of the company was set forth as follows: (It Book value of the company's remaining common stock has been result The the capitalization increase in the reducing of S5*was hnmedilte an 12,000 stockholders, held by more than •shares _ of (4i by been operating at a loss. transferred to the sales branches were wholesalers, independent the The below.—V. Co. and Calif., of Agricultural""3 acres 10,000 40,218.—V. of 189, Dallas Power & Light Months Ended Operating for high-purity plant ' on interior Trent Construction Division of Chemetron Corp.. Louisville, Ky„ which has an existing hydrogen installation at Kiiigsporfc, Term., the new facility will have a, capacity of 900,000 cubic feet per day of hydrogen for use in production of "Kodel" poly¬ $47,086,777 $42,585,854 31,727,068 34,970,008 ! taxes—2 will verts use Net operating $12,116,769 $10,858,186 revenues income income Gross Income deductions (net) This income Transferred $8,264,701 $9,505,295 to 262,332 271,827 $9,242,963 $8,536,528 1,038,935 1,038,935 $8,204,028 surplus $7,497,593 reserve Preferred stock dividend OU-ipm, GUi-lJUU OUI lJ\Jk UKJ —— $5 requirements—. _ 186, Dan Creek Hydraulic Placer Of¬ Inc.—Stock fered— the stock sale payment of loans; stock common at a total of ($1 per share), without under¬ par writing. The net rental proceeds lease and are tc be payment The corporation principal office is used to and other pay organized in located at 500 Wall was for ^u; PurP0se of exploration costs, equipment corporate purposes. Washington on Jan. 2, 195!). & %:•— to be worked represents approximately CAPITALIZATION GIVING 8,300 acres. EFFECT TC —-V. stock 189, (par -$l), 1675. p. an Outstanding 1,000,000 shs. 450,000 shs. acces¬ firsk Quarter is traditionally the seasonal low period of the Profits year up from_ the final quarter of substantially better than the the fiscal year. year .ended corresponding iieriod the progress and growth of the company's applied product development program, Mr. Jones said that "ap¬ proximately 50'% of our dollar volume in the current fiscal year is expected to come frem new or completely redesigned products intro¬ duced over the past two years. Including contract work, research and that is expenditures approximately £2,000,000 less than the in $500,000 thea mount last more fiscal than scheduled year totaled in the previous for the current $6,592,000. year a in the to build and heavy investments in research and development are beginning off in the form of a steady stream of new and improved prod¬ all divisions," Mr. Jones toll stockholders. In explaining approach to the military market, be related how the Daystrom from Transistor Unit is ment —'V. Test the delivered to could 109, p. only the Unit one was grow developed and introduced. This Daystrom off-the-sheir and, to date, the only one actual use. "This single piece of equip¬ available Services into a important source of revenue," he stated. 2672. of > cubic 470,000,000 facilities Pacific been mortgage Redemption— called serial for and redemption on July 1, last, sinking fund series B bonds . bonds may National Bank ' be presented to the following for redemption: Bank of Atlanta—Atlanta, Georgia, The Fir-st Westr Bend—West of Bend. Wisconsin, The Hanover • * New York* New York—Continental Illinois National Bank and Company of Chicago—Chicago, Illinois, First Wisconsin Trust Company—Milwaukee, Trust of feet / natural gas per day. transpori • cost a of '■ * . shares of 189, p. 2673. The Co.—Tenders > - for tenders of shares of Common stock 800.000 at $45 per share. 3.—V. 139,. p. Electric 2136. Federal Ltd. Rights Offering Planned— plans to offer ordinary stockholders one new 10shilling ordinary share, at a price of. 40 shillings, for every five ordinary stock units of 10 shillings each held on July 1. This The to company new June 30, share last, the will but shares not will are rank rank not for the equally in registered equipment for its Pottsville. Pa., plant; $60,000 for i the additional bulk-handling facilities and equipment - _ ? final; dividend for the year all other respects. : under the U. S. Securities Barge Line, Inc. Private Placement—This — tliorugh Eastman Dillon, Union Securities &N Co., has arranged to place privately with a group of in¬ stitution investors $3,330,000 of due 1973 1963, it Musical Industries & ; is used mainly said company, ( Auto-Lite purchased its shares in Crane Co. at an average price of approximately $33 per share. The tender neriod expired at noon, July as which Holdings— on July 1 voted to tender total holdings of this "com¬ shares of Crane Co. stock to that company.' This action response to the recent offejr by Crane Co. to its stockholders directors in was used and film, ; sale of the 175.000 common follows: $150,000 for the purchase and rental plant'; $16,666 for payment of a 5% note; and the balance for working capital. The company now has outstanding 325,000 shares, of which 75.000 shares each are held by Joseph Moss/Board Chairman. Albert Moss, President, Ronald Moss,- Vice-President, and John Moss, Secretary-Treasurer —-V. 189, p. 2673. • • for , Crane to be are machinery the installation of to build a measuring.,,and regulating approximately $173,000 and to sell natural gas Auto-Lite . The company manufactures polyetlivlcne in the packaging field. Net proceeds of the proposes at Rock Springs.—V. company, a fee. Wyo. Colorado Interstate proposes the "gas fioni' Rock Springs • to the , With SEC— Corp.—Registers located at 36-35 36th Street, Long Island City. N. Y., registration statement, with the SEC ort July 2, 1959, covering 200,000 shares of common-stock, of which 175,000 shares are to be offered for public sale at $3 per share through an underwriting group headed by Maltz. Greertwald & Co. The underwriters will receive a commission of $0,375 per share, plus an allowance of $7,500 for qertain expenses. 20,000 .shares have been purchased by Maltz, Greenwald & Co. at 10c per share, from the company's stockholders, who have also sold 5,000 shares to Samuel Barach, at 10c per share, as an origination This filed pany ox 322,900 Because "1 the throughout Bank, , gas to Northwest at El Paso to of interconnection. station for very lines 38,000 1969 at par, plus accrued interest. Extrudo-Film year. pay the announced. ofrRoclV Springs, vicinity Thistle "Our to ucts recently first its 1, National this proposal, out carry Electric and development approximately have First The a' discussing research \ selector Georgia—Partial of July Called .. El Paso would purcliase a maximum of daily from Colorado Interstate Gas Co. and maximum of 235,000,000 cubic feet per day from Pacific Northwest, he declared. ago, In be and will supply automatic exchange equipment, telephone sets in Guayaquil and the nearby towns The latter towns, where a total of 550 new Group, - of There Utah, maximum a To VoIumc °* shipments in the three months ending June 30 will be the wili .. ,» due proposes Thistle, 235,000,000 cubic ft. first quarter in the com pan y' s history and the "year looks very encouraging" Thomas Roy Jones, President, stated at the annual stocktiolders' meeting on June 29. Incoming orders, Mr. Jones said, were at near record levels. These results, he noted, are particularly significant in view of the fact that 31, and 2626 2564 p. $10,000 •' , mest Marcxi in 189, State as $70,000 to construct about 394,6. miles of 34-inch pipeline to a point on the California-Nevada boundary southwest of Las Vegas, Nev. The • cost of this construction is esti¬ mated at about $68,685,000. Tile facilities would be used by El Paso to sell to Southern California Gas Co. and Southern Counties Gas Paso Co., Daystrom, Inc.—Shipments at Record High— . East Executive Committee of the Baptist Convention of the distri¬ the Commission Power from FINANCING Authorized „ Common at country.— V. this company and Pacific Northwest Pipeline, Corp. construction of natural gas pipeline facilities costing estimated $53,858,000, have been accepted for filing, the Federal El PRESENT located be. installed have Applications by proposing the lessee of 20 patented mining claims and 17 mining claims, which are contiguous. The total property unpatented the hard Wisconsijot^—y. 180, p. 349. „ is company for exterior Group's first signed El Paso Natural Gas Co.—To Build Facilities— . rU.Pan Crcek placer area in the Nizina District of Alaska. The 1957 tempered in Milagro. Its Street, Seattle, Wash. It was developing and operating mining ground in use installed, will have exchanges operating with Ericsson's system, contract for automatic equipment in Ecuador was 1945. Upon completion of the new contract, Ericsson will will Tli3 shares. owns .60,000 Co, and crossbar new for expenses. ... ->nr'^n«coInl)anyof °^ering publicly in blocks of 1,000 shares *s 300 000 shares lines The underwriter will receive a Co. share, plus $26,500 per siding. The office of the company is Spokane, Wash.—V. 189, p. 2564. Salinas of It intends to apply the net follows; $325,000 to City Industrial Co. for acquisition of property and equip¬ ment for structural and miscellaneous steel fabrication/ $10,000 for, additional facilities at the Tampa Branch; $50,000 for reduction of current trade acceptances and open accounts payable; and $87,000 for additional working capital;1 ,: According to the prospectus, the company now has outstanding 210,000 common shares, of which Edward Tohkri (President) and Stella Tohari of Coral Gables own 70,000 shares each.- Charles Plohn in Mines, cents 5. Dec, Masonile for Ave., parent firm of the line equipment and • pipe, fencing ancl similar items. and proceeds of ——- -- - 1952. p. of 75 on finish February, the Group received a similar contract in Quito, Ecua¬ capital "+o'e exchange capacity is being expanded from 14,500 tc 21,500 lines. : if Under terms oi the new contract. L. M. Ericsson Telephone Co., a-"';" company's major business activity is the fabrication and of structural and reinforcing steel, together with steel bution sories Balance —V. Charles Plo'nn & share by per The organized distributing enamel provide additional to acquire certain lines tion of 140,000 shares of common stock, to be commission . a was and baked a March 31, 1959, was $0,492. will be used to dealerships, and dor's located at 3032 N. W. North River Drive. Miami, Fla., registration statement with the SEC seeking registra- • offered for public sale at company, July 8 filed on Not With SEC— new up company with on proceeds set In by a Steel Corp.—Registers net to , lines. Girliotol-process carbon Edward $12,122,829 $10,882,263 2,617,562 2,617,534 _ , Ericssoij Group, worldwide tele-communications organization with sales of approximately $145,000,000, on July 1 announced the receipt of a $2,200,000 contract to expand the capacity of automatic telephone exchanges in Guayaquil, Ecuador, from 8,000 lines to 14,500 24,077 6,060 its present to The unit. Other offered (L. M.) Ericsson Telephone Co.—Contract in Ecuador ? a "purification train" that includes carbon monoxide dioxide removal/and a mctlianator Hydrogen of better than 99% purity will be produced, officials said.—V. 189, p. 2782. • •• '. ; ■ "V ' followed and conversion, / annual plant is scheduled for completion in late 1959 or earlv I960. the stcam-liydrocarbon process for production of hydrogen natural gas, starting with a hydrogen reformer furnace that con¬ natural gas to hydrogen, carbon monoxide,-and'carbon dioxide, from 1958 40 to all-transistor batteryproduction about the first in be publicly 1959, 5, -Tlic coated board Engineered and equipped by Gird lor new up 17-inch Emerson to * It operates on Products, Inc.—Stock Offered—The com¬ manufacturing of purpose announced were the share of stock a PROCEEDS New Plant— hydrogen approximately $250. for is expected 189, p. 2782. working capital, capital assets. . by Tennessee Eastman Co.. a division of Eastman Kodak Co. 30 June new a that stated June on value of National Bank of. 188, City would sell BUSINESS—The It 1959 ; and First the board of directors.—V. Eastman Kodak Co.—To Build Co.—-Earnings Higher— - expenses the to Television distributor the right to withdraw the offering " " at any time prior thereto. Pacific Inter-Mountain Secu¬ rities, Inc., of Boise, Idaho, is underwriting the offering. There is no established market for these shares; the book ester fiber. May 31— Operating revenues of elected been a the company reserves ' Plans The 12 has Texas, 2641. p. 2456. p. President Elkins/'Jr., A. aet' shares of its class A non-voting common stock (par 50 cents) at $2.50 per share. The offering will expire on June 5, 1960, although Air Liritfs, Inc.—Banker a Director— Eastern James battery-operated stockholders and to the public 61,708 - Co.—Registers With SEC— Houston, '> . Corp.—New Product— July 2 by this corporation at the Waldorf-Astoria, portable TV Enanio-Bord expansion, thousand a Abrams pany , registration statement with the SEC on July 2, 1959, covering 200,000 outstanding share;; of its common stock, to be ©ffered for public sale by the present holders thereof through an under¬ writing group Headed by Carl M. Loeb, Rhcades & Co. The initial pub¬ lic offering price will be related to the current market for the stock on the American Slock Exchange immediately prior to the offering. The Underwriting terms arc to be supplied by amendment. The company has outstanding 2,425,299 common shares (along with ©tker securities). The prospectus lists five selling stockholders, who ©wr> an aggregate of 385,272 shares. Publication Corp. proposes to sell 86,834 of its holdings of 196,834 shares; Knapp Securities Corp., 44,342 ©f 66,018; Claire K. Dixon, all of her holdings of 38,824 shares; Mrs. Giles Whiting, a director, 10.000 of 43,378; and Louis E. McFadden, filed . York New transistors, 25 of-tlie year.—V. will completed.—-V. 190; p. 49. Crowell-Collicr Publishing This company in on A Benjamin Abrains, President, told distributors that the set, equipped Mr. surrounding-? the" center land of Lippert of which produced all-transistor 17-inch first announced was operated . country-wide program of field research. Thib research facilities located' at Seal Beach, ten head company recliaxgeable batteries and the batteries can be recharged times at a total cost of only 3c per operating hour. , according to Dr. Johnson. square feet of laboratory and office space will be provided/, in addition to greenhouses and service buildings. Some 70, research people will move into the new building as soon as it is future : _ with provide for small scale field plot and animal" research work. The building will he a single story with basement with a wing extending from a central core. This, design lias been selected to provide for 2564. p. and hundred One ■ ■ .• world's convention held will complement Freeport, Texas. center new Director Johnson, E. plant and animal science operations, some formulation and analytical work and serve as Dow's for headquarters Fifty 189, Julius Dr. picture Emerson Radio & Phonograph The house synthesis, chemical Co.—Acquiring Its Stock— Auto-Lite to will center The formerly was motion Portable " Chemical Research. '/"// Productions, an inde¬ and distributed 200 feature films during the last ten years. He is now affiliated with Associated Producers. Inc., whose program this year includes pro-, ducing 16 pictures for distribution through Twentieth Century-Fox. Mr. Lippert is also President of a Riverside County real estate properties group. He is a member of the board of directors of Mono¬ gram Precision Industries, Inc., and had held a similar post with Houston-Fearless Corp.—V. 189, p. 1793. now according plant, local capital and local incentive. Crane is a manufacturer." (5) The realignment of executive personnel, the most recent action being the selection of Wesley A. Songer. former Executive Vice-Presi¬ dent of American Safety Razor, as Executive Vice-President of Crane, A newly created position. "Mr. Songer was associated with. American Safety Razor during a noteworthy period of profit improvement and growth," a Crane spokes¬ man said. "Summing up, Mr. Evans has given Crane a combination of financial know-how and operating experience."—V. 189, p. 2564. producer. Lippert pendent structure will consolidate agricultural chemicals /research dispersed among various laboratories at Dow's Mid/kid new, functions of Bingham, Walter & Hurry, Inc.; Bruce th'eatre executive; and Herb Maclntyre/ motion picture Vice-President retired television Mr. - next summer. iate suppress Electric and Co.—Building Research Center— Company on June 29 announced plans to build a new agricul¬ chemical research center at its headquarters in Midland, Mich. Construction will begin immediately with completion scheduled fol¬ , Chairman - : i — .-v Lippcrt, Sr., prominent motion picture producer and executive, has been elected Chairman of the Board, in addi¬ his already designated responsibilities-as Secretary-Treasurer, announced on June 26 by Edwin F. Zabel,. President. • ■> 'I*. corporation's directors are Mr. Lippert; Mr. Zabel; Sanford I. /* Fowler, The products through independent businessmen.. The same is true oi major oil companies. Half of Crane's branch sales are products made by other people. If that were profitable, it might make sense. But It hasn't been profitable. Manufacturer-owned sales branches serve to Crane was The tural Its See it process Chemical Dow _ the decision to close factory sales branches, Mr. Evans recently said: "Crane's previous position seems to me rather like that of the private in the army wno insists that the whole regiment Is out of step except for himself. The automobile industry markets Discussing Calif. Hollywood, Corp., . 1013. p. L. Drucker, development. is also new to tion adapted to operate as a facsimile System for high speed scanning and direct reproduction or transmission ' of graphic material such as original documents, or/microfilm;/.Computer or facsimile information can lie reproduced on cards, labels or sheets up to legal size fcr distribution or filing, A further interesting feature of the Videdgraph>jproePSs is its'ability' ' to instantaneously print out pictures of moving objects which pass in front of a specially adapted television camera. The machine will reproduce pictorial, as well as alphabetic and numeric information, it was explained.—V. 188,, p.-443. » •• signed products formerly handled employees of the factory Many staffs'of the Vicieograph The independent wholesalers are now thirty-six hundred One Koshkind. announced a to help broaden the distribution of Crane the 33 factory sales branches which had vp theatre from punched cards. It r can either print oil a television screen, according-;to Alan Research and Engineering Division/who paper tape cr directly translation or display it Vice-President, the distributing company which had been owned jointly by Crane and 28% by members of the Ordjvay family who were among toe founders of Minnesota Mining and Manufacturing. Under the Arrangements completed last week the Or dway family will continue to distribute several million dollars worth of Crane-made products each year. The transaction freed approximately $4,000,000 of Crane funds for use in the revitalization program and still provided a sales outlet, for Crane'S"~valvos and plumbing products. Minnesota, named the Videograph process/ can read pulses directly from a computer or from magnetic tape, I. Robert system which has been and translate binary numhei Elected— 182, up The approximately $15 a share. . earnings potential per share has been increased Approximately 50%, computed on tlic percentage by which the ©f shares outstanding was reduced. (31 Part of the financing of the tender program was achieved by toe previously announced sale of the assets of tlic Crane Co. of Association.—V. ElectroVision and printing or displaying the resulting information at the'fate to 20.000 letters, numbers and symbols per second, lias been developed by this company. guage by In addition, the (2) of translating computer lan¬ high-speed electronic process capable A Electrical Development—' (A. S.) Dick Co., Chicago, 111.—New ^ increased into placed Tile/company ,vere cvners Co.—New Plant in Operation— Diamond Alkali _— and was 009 of via 6% due announced on July 7.—V. 182, p. 2466. Federated Corp. of company, secured notes, series A, $1,670,000 of secured notes, series B, Delaware—Exchange Offer — This » prospectus dated June 19, offered $918,convertible subordinated debentures, due a 1968, in the following amounts in exchange for stock the following corporations: $210,000 principal amount payment for all of the capital of in stock of Consumers Time v Volume 190 Number 5863 . . The Commercial and Financial Chronicle . (155) Credit, Inc., a New York corporation, and $442,000 prin¬ cipal amount in exchange for a like principal amount of debentures of ment dated Consumers, pursuant to of John - a exchange.—V. 1959 189, accounts to the repay also Sales the of in the proceeds in 1958 of assets $2.56, 1958 loan before with to to loan 78 to to in cents 90% associations situated • First Congregational Francoeuf & Cp„ Church, Traverse The bonds to are will if Briggs with 1962 the the of vise including the bonds July 15, bonds will will, 15, be accrued at funds the 102%; after bonds at on non-borrowed redeem 1965 redeemed plus redemption with non-borrowed July 1905, such on is made with par interest in if info 15, be 1962 jion-borrowed all is and redeemed up at for for by 1958 Eortcr & firm. current, a the to Known by means of of free amount recorded in parts $65 total residual ' and of chlorine in the Gabriel will The charts.—V. 189, Water Utilities Co., Miami, & Fla.—Registers With Securities and Exchange Commission— This company on covering to are for filed 8 86,000 shares of be" offered 21,000 July registration a stock. common public sTale for statement with 1959 pre-emptive of at cost a Gabriel's new electronic schedule and would on of be $1,600,000. approximately ' Corp. Of the this shares, representing outstanding stock, selling stockholders. The public offering price be to are supplied by amendment. Beil stock, of account & for underwriting is listed Inc., principal underwriter. Net shares Material • Agreement — of Merger Service whereby Corp. of Chicago General two terms the as " cumulative share) would be dividends will probably convertible at begin into in .89423 rate a of 1964. shares 5% Each a pre¬ General of give an effective-conversion General Dynamics stock closing price of price Thule Exchange installation, $55.37 Va was proceeds of approximately $715,000 from the sale of Stock by the are to be used to reduce outstanding indebtedness of the by 0 $350,000 and to increase general working capital by company $365,000. The company lias outstanding to certain indebtedness J, The 172,316 shares common selling stockholders ' receipt N. of to J. $1,000,000 a order outdoor supply from substations one; of three in the BMEW's network- of "sta¬ scan air space over the Soviet Union, is being built of the Army's Corps of Engineers. The stations will intercontinental ballistic missiles as their trajectory brings them Secretary-Treasurer, who addition/ J. Segal, is selling 14,000 of his holdings of 73,211 shares (42.49% ), and David Blumberg, President, 7,000 of 36,605 shares (21.24% ).—V. 189, p. 1021. p. 50. This fund of trust a subordinate issued. about Fifth F. has filed company fication is It Aug. debentures, proposed 1, Unit 1959, Inc. French application with an indenture pursuant to the pursuant Investing series that du{e Aug. debentures holders" of to Co., A, these SEC seeking to Mills, Inc.- -Extends • stock of Tudor City Medal Caracas, General Harincra Into Guate- Fred to the serve Mills has "has fornied Central a Venezuelan "market* completed Guatemalteca, brands in S.A., agreement for the on will to marketing of its electronic the genera* major portion finance the to "Transacter" system devel¬ The Transacter is said to which and central a serves as a data-processing rental income is realized. additional working capital The balance the of will proceeds which may be necessary to carry receivables. and inventory resulting from expanding sales of' company's other products.-—V. 189, p. 2784. Granite City Steel Co.—-Continues Expansion—- This company, completing one expansion program by the end of year,' has. already begun another to raise its annual steelmaking this capacity additional an Vc'edcr, Chairman to a total of 1,740,000 tons, Nicholas P. and President, announced 6n July 2. completed by the end ox 1961, Mi*. Veeder replacement of one of the company's two blast of 10% the Board Major construction will said. an It will include with be furnace' new a important changes-and able material raw more of use in oxygen to produce making in the twice steel; much as structural company's, pig iron, design and steelmaking seven cpeii hearth furnaces; further improvements ir. the cold rolling depart¬ and the installation of a second continuous galvanizing line and a second electrolytic tin plate line to apply,,.coatings of zinc,,and tin, respectively, to continuous lengths of sheet steel in strip form. Construction of the new; tin plate line has already started. The company's rated capacity is now 1,440,000 tons a year. The effects on open hearth production of facilities built during the present expansion program, which began in 1956, will bring the capacity to 1,584,000 tons by the end of this year. , "Measured by the customary yardstick of ingot or productive capacity. Granite City Steel's size when it reaches the 1,740,000-ton level will ment; have increased "Our rapid than more growth 140% in ten making this area is years," an ^location for steel fabricating plants."—V. Mr. Veeder increasingly 189, said. attractiv® 345. p. Green Mountain Power Corp.—Gross Off—Net Up— 12 Months Net mill. . aid own 189, The passenger 336,550 Canada during it 1958, total cars June, to with June, share per of $612,500 $1.36 $1.26 in Second William NAFEC Aircraft Engineering 283,486 Gulfstream S. Cowart, Aircraft he Leases Agency's (FAA's) City, N. National Aviation to roll off Grumman production Gulf- Facilities lines, Jr., will NAFEC modified be it will Director. The interior of the new to accommodate electronic test equip¬ saicl. . • . It is fully 190. and is equipped airborne were Corp.- at Atlantic Jr., has' leased, with option corporation's new twin engine prop-jet aircraft, the according to joint announcement issued on July 6. also the _ become the first prop-jet to fly in the FAA Bureau of Research and Development experimental fleet. The new turboprop, designed by Grumman as a corporate transport, will be used as a flying test bed lor experimentation in air traffic control problems from sea level to 35,000 feet, according to Colonel ment, 226,001 stock.. common this feet, at with to without for advanced weather radar. perform wearing their oxygen A types of instrument flying pressurized cabin enables duties masks, at a when cabin the altitude aircraft of actually 25,000 feet. The Gulfstream, aviation has It instrumented scientists market, which marks Grumman's cruises at 357 mph. at ceiling of 36,000 feet, and a maximum fuel load service a of produced by GM 53,064 were trucks. and 55,600 $661,800 stock common Federal*Aviation buy, is trucks compared as July 2. during vehicles cars and passenger announced was 1958 $7,016,400 670,000 57,500 1022. p. Gulfstream, ~ the 1959 $6,855,200 717,400 requirements..... for Grumman and . produced and 31— stream— 5,500 States earnings will General Motors Corp.—June Car Output Up— corporation May revenues.... dividend earnings —V. General of the Ended operating income Preferred Industria of by a group of Guatemalan businessmen, with the the International Finance Corporation, will General Mills will purchase all wheat and supervise milling in i accordance with the company's standards formulas. Ultimately, Mr. Stevens said, General Mills and INHSA plan to join in the -production of formula feeds in Guatemala.—V. p. 50. < " cooperation during. June, Friden, Ijic.—Acquires Two Firms— debentures years points provide a operate Of of Experimental Center with production INRSA, formed ' SEC rapid original entry at multiple trans¬ office. Production of Transacter systems to be leased to customers and the development'of a sales, service and maintenance organization to provide continuous service to customers is said to require large expenditures before sub¬ mission ' long-term a (INHSAi Goli'etto and The sale subsidiary, Stromfcerg Time Corp. American the modern United the new Flour into Guatemala. new mill to open in July at Guatemala City. Mr. plant will feature pneumatic conveying, will be fitted equipment from Italy and will have facilities for handling wheat in bulk. It will have a capacity of 1,500 hundred¬ weight of flour per day. City into Inc. Acquisition of two mail equipment companies to become expanding muilroom equipment division of1 Friden, Inc. closed on June 30 by President Walter S. Johnson. Operations subsidiary with the name, General Mills, Inc. It marks the second major step in-the foreign operations of General Mills' Flour Division." About a year ago, the firm established General Mills de Venezuela, S.A., or the , be 011 are issued be Tudor of quali¬ sinking 1979, 1, will preferred consolidation a the to which $250,000 of 6% of and a Gross and (Fred F.) French Investing Co.—Files Indenture With Securities and Exchange Commission— with Kidder, Peabody & Co. ia principal underwriter. proceeds Net Mills statement automatic data-gathering system communication link between sources of A. with registration a horizon. Stevens said (in Joshua are the as furnaces share.- per <S "Thfe company," Mr. Stevens said, company filed oped by its of July 6 on the Stock Corp.—Registers With SEC— corporation production be acquire supervision Gold at 1,191,011 be added of the company. The company expects that the thereof will be required over the next several have entered Dynamics Stevens, Vice-President of the corporation and General Manager of its Flour Division, on June 30 announced plans to extend the milling of 1,670,613 funds the This would mala— and company account of the and Hough, 65,000 the 295,199 Net preference General SEC 347,505 2784. p. increased which on common. 190, D. the $1,713,026 , Net Florida $2,219,968 1,260,000 stockholders at the rate of $100 of debentures for each 8 shares of stock held. The interest rate, record date, subscription price and underwrit¬ ing terms are to be supplied by amendment. Delivery of equipment is scheduled for early summer to take advan¬ tage of the area's short June-through-September construction period. —V. 741,345 $394,682 General Time additional an from "V - the over 846,330 $416,846 listed release stock designed to detect 1,776,908 156,449 operating income after charges July 8, 1959 covering $6,260,700 of convertible subordinated debentures due 1979. Tiie debentures are to be offered for subscription by common sell metal-clad switchgear for the USAFhs Eallistic Missile Early Warn¬ ing System Station near Thule, Greenland. 2674. p. that to common proceeding The company has announced Greenland Contractors, Trenton, under Southwest—Earnings— 286,000 This expanding its ' General Electric Co.—Receives $1 Million Contract— line. Residual is recorder been Mr. Bartley and that in addition Bartley and Frank A. Marion to construction merger 2242. tions the 172,013 -V.- 189, to after of 369,781 Net Net purchase of the industrial and medical gas enterprises of LaVtrne W. Ilchch and associates to General Dynamics was effected through Laird, Bissell & Meeds, it was announced on June £9.-r-V,' 189, p. income taxes— operating stantial par) York Co. 1959—Month—1958 1959—5 Mos.—1958 $2,554,227 *$2,310,028 $12,456,752 $11,000,450 1,565.582 1,472,897 7,613,546 7,281,079 —■ taxes.. Other of The cases. standard on months Purchases Heneh's Properties— "Depolox," the new analyzer generates dissimilar metal electrodes, in proportion million six July 6— share. per New the two or per Federal margin." $10,129,931. has provides proposal a is Dynamics agreement Dynamics Co.—Introduces New Product— as first shartp that October, 2242. * on (no Telephone 1958." to company's Mass; 'year (about $2.90 a ferred share would A new Residual Chlorine Analyzer featuring "Micro-Ball" self-clean¬ ing electrodes is currently being manufactured and marketed by this company under exclusive license agreement with Chlorator, G.m.b.H., a German in comfortable a time and Fischer the totaled some Mr. approved also'sdid corporation an stock 101%% funds $22,800,000 majority of assets of Material Service in exchange for .2,064,516 shares of a liew 5% issue of "General Dynamics convertible 15, to made of stock to the prior or redemption July will on 1958 Bartley 40,000 about 189, Reached Mich.— prior to July or to field. Mr. the Millis, General California. and accrued funds in p. July 103', uc redemption July .15, and to General Operating revenues_____ Operating expenses*-.,-.., said Bartley completed dated be 1S61 redeemed be 1970; 15, also of —V. capitali¬ July 15, 1959 and are due semi-annually I5j 1971. ' The bonds may be redeemed at; the option of the borrower upon 30 days' notice. If redemption is made with borrowed .fends the bond> Jan. this with grant shares Mr. Pro The bonds are being .offered in denominations $500, Sl;000, $5,000 and $10,000. from Briggs . general of 5%% first closed serial bonds at 100% Mr. recently became President of Rocket Power, Inc., Mesa, Ariz., a Wholly-owned subsidiary of The Gabriel Co. The new plant, now under,construction, will produce solid fuel for rockets and missiles. Mr. Marioir also joined the subsidiary as its Executive Vice-President. interest. of in Gabriel additional an of months common Mr Chicago, 111., on June T 5 publicly $250,000 of 5%, 5V$%, 51/4%, 5%%, 5&'%, 5%%: offered year," rights. May, earnings City, six options outstanding in Bartley, substantial reported that May sales in the company's Gabriel highest in corporate history, due in large measure increases in sales in the replacement market for auto¬ absorbers. will 50,000 -•••■• • E. a Period End. May 31 this earnings those 10,000 shares of its This and first outlets facilities the of Charles pVedicted 1958. compared net Gabriel be 1954. that exceed agreement purchase working capital. with Company, to the shock The with in offering, the capital stock. of 2565. p. connection with agreement the 7 also substantial motive $168,000,000. least at owns will the solely of .1,022,561 shares BUSINESS—The company stock of seven savings and in sale associations $2,614,000 were giving effect the appropriations totaled compared 28, 1959, Feb. at incurred and will be added interest CAPITALIZATION—After 189, $4,200,000 savings earnings zation will consist —V. the were Shareholders from company minority after total of the of balance of and share forma loan one EARNINGS—Net reserves per should for national company. the to of $30,000,000 indicated Briggs Division 71,607 shares are being offered selling stockholders and 158,393 82 proceeds bank a acquisition and of being sold by the are PROCEEDS—Net 1959 exceed Briggs 1959 of capital stock. A total of the option compared during the first six months of approximately 40%. above the will Mr ' Financial Federation, Inc.—Stock Offered—An under¬ writing group headed by Kidder, Peabody & Co. on July 9 offered at $29 per share an issue of 230.000 shares used 1959 ■ shares and President in be comparable period in 1958. Barring a major reversal in economic conditions or a prolonged steel strike, we currently estimate that the company's total sales in Mr. for purchase Briggs, sales "will subsidiaries of Federated. The holders of all of such 12% debentures have agreed to make the 45. in "Sales , 14, $266,000 debentures were offered in exchange for a like principal amount of outstanding 12% debentures of three p. H. rise purchase agree¬ 1958, as amended. The balance of Nov. stock a return 14,000 to rpm. maximum a the at commercial 25,000 payload feel. rang® 1,700 miles range of 2,200 miles. It powered by two Rolls Royce Dart px'op-jet engines.—V. 190, p. 51. - a the J Mr. Johnson announced that shares 1,090 of Friden part had stock of had been OF MOTOR VEHICLES U. approved by the respective boards. Stockholders of International Supply Co. will meet' in July to ratify the contract. Com¬ bined net assets of the acquired firms approximate $953,000.—V. 189, pp. 2783 and 2674. S. AND CANADIAN -1959- FACTORIES -1958- Passenger been exchanged for all ol the stock of the Ciunmington Corp. of Boston, Mass., and that a contract for the purchase of the assets of the Inter¬ national Postal Supply Co. of New York for 39,318 shares of Friden stock OUTPUT dis¬ was Trucks Cars' 302,481 46,333 290,749 .273,247 42,720 235,353 30,920 283,713 44,131 282,187 50,316 212,791 184,326 333,639 271,888 47,815 206,217 32,294 283,486 53,064 194,900 31,101 — ... ... March —__ April May ——...— — June ;2. —V. 189, 'p. .... Trucks 34,088 34,157 The its has called for redemption on 3.4.4% convertible subordinated company outstanding 1975 at 1, First 104:,V% National Debentures $17.81 V. City may share per 188, plus to 30, shares for rants) are the of M. each to $1,000 be electronics, proceeds Co. for With at the on July 15, of 1959.— trucks, for and sale of capital the SEC 100% of July 8, on fund purchase of The debentures debentures 20 common (with principal war¬ amount underwriting group headed by Carl Prescott, Shepard & Co., Inc. The interest are to be business buses and missile supplied is new by amendment. manufacture and sale the of passenger cars, metal couplings and accessory equipment for the industries. the debentures and investment program. completely with the facilities, It plans added About to funds the use plans to engage in the manufacture in research in those and related equipment Another $200,090 for from $1,250,000 working is to be land, building and Millis, Mass. Another and sale of solid rocket fuels and for new and more efficient subsidiary, Talco Engineering Co., machine shop equipment. Rise in and Sales production expects to use equip¬ about subscribe $50 common preference share for the per share of new stock, or preference, I6V2 shares tional details follow: UNDERWRITERS — The underwriters named below have severally agreed to purchase from the corporation at $50 per share, plus accrued from July 13,'1959, in the respective percentages set forth below, such subscribed of for the shares pursuant to the of the First Tucker, Boston Corp.— 15.J.5 Anthony R. -"is Day Carl M. Co. Loeb, White, C. Blair & Pierce, Smith & — ... Redpath Doolittle Fen- Inc Co & —. 2.25 Ellis 2.25 Ryons Co 5.00 Riter & Co 5.00 J. Zock A. Anderson... & Co ... Co Co 3.10 Bateman, Elcliler & Co 1.50 3.10 Crowell, & Co 1.50 3.10 , The Weedon a special meeting on June 15 Corp. 3.10 Edward L. at 3.10 F. 3.10 Wagenseller & Durst, Walston & Co., Inc —V. Rothschild 189, p. 2890. Co & 2.25 2 25 S. & 2.25 2.25 & Clark, Dodge & Co Hallgarten & Co Moseley 2.25 Green, <fc Co Johnson, Lane, Jones & Mich., to and BUSINESS—Hausman A group will use -.the proceeds to finance for the general Steel Co., retire short-term acquisition of Concrete Steel Corp. corporate purposes. to successor business a established new wholly-owned subsidiary, specializes in the design* installation" and distribution of products for the con¬ struction of industrial, commercial and institutional buildings. Prod¬ ucts also include wire mesh, metal decking, steel joists, movabla and lis 19i5, aluminum "windows, air' conditioning and allied building products made partit'ons, and and heating unita others.—V. 189. by systems, 2676, (Walter E.) Heller & Co.—Registers Stock Plan With Securities and Exchange Commission— This company filed a suant covering to *226,000 ^options its under registration statement with the SEC on July 2, shares of its common stock, for issuance pur¬ officers and key employees of the company granted Restricted Stock Option Plan.—V. 189, p. 1794. Hereon ... Stock Offered-— PROCEEDS—The net proceeds will be used to pay off outstanding, purchase equipment and further manufacturing facilities, and development on a high temperature ceramic seal* and for working capital. to notes, for research BUSINESS—The metic 1.50 Inc.— Corp.—Common Inc., of New York City, on June 30 publicly offered 100,000 shares of common stock (par 10) at $3 per share, as a speculation. Space Go Electronics Richard Bruce & Co., 1.50 D. — fabrication, 2.25 ... Co.... Lester, & Inc _ 3.10 Offered & 5.00 & Co. Co....... Parker 5.00 * Weld Allyn & Co., Inc.. & % Securities — company incurred loans Detroit, in not Goodbody & Co.— Granbery, Marache & Co... Witter & are Co. by PROCEEDS—The bank of 1.959, Walker H. as " ;■ Auchincloss, 5.00 Lynch, & ner Wertheim A. Rhoades •; G. stock offer: • 11.15 .... Merrill Dean L. — preference subscription * The new Steel Howard" Weil, Labouisse, Friedrichs & Co., New Orleans, and the Ohio Company, Columbus, Ohio, on June 30 offered, and quickly sold 80,000 shares of common stock (par $5) at $9 per share. p. dividends moving jobs—so does*the GARB replace many blada spreading,. rough grading and finish grading operations. 1543. llausman convertible at one F. Predicted- Following approval by shareholders $1.60 cumulative right to the of cumulative convertible preference stock, held of rec¬ ord on June 25, 1959. Rights expired on July 13. Addi¬ and additional Substantial stock stock for each 11 shares of including fields; about $365,000 to acquire addi¬ tional machine shop equipment for the Bohanan Division which manu¬ factures force ejection systems and other devices for the missile and aircraft industry; and $300,000 for added research and product devel¬ ment. of 105,928 shares of $2.98 cumula¬ (without par value and junior to the preferred stock) to the holders of its com¬ company net equipment for the Gabriel Electronics Division at $590,000 is to be used to erect buildings and acquire equipment for a solid propellant plant for its subsidiary, Rocket Power, Inc., which opment ing by the above shares at the rate of sinking 011 p. tive convertible preference stock stock, SEG— subordinated industry and antenna the its on made an and principal aircraft of for expended business debentures). public sale at for through underwriting terms absorbers the rubber capital of warrants of offered company's shock for of (with debentures and The close registration statement a $2,500,000 1974 Loeb, Rhoades rate the Co.—Registers covering June be General Precision Corp.—Additional Financing Details —Mention was made in our June 29 issue of the offer¬ mon This company filed 1959, 30, all of 1959, debentures due April Trust Co., 2 Broadway, New York 15, N. Y. be converted into common stock at the rate up earth 187, headed July interest. Payment will 10j4. p. Gabriel due accrued volume machines —V. 2783.* Fruehauf Trailer Co.—To Redeem Stock— . Manufacturing Co.—New Product— idea in roadbuilding equipment is announced by this com¬ The new Gurries Automatic Road Builder—GARB, for short— handles virtually every blading job from the scraper to the paver. ■ As the carry-type scraper replaced dozers and trucks on many larg® new pany, ■ Cars January February Gurries A Passenger of Connector New Jersey. 1.50 changed 1.50 Washington to the St., company organized was under the name of Her¬ on May 16, 1955, under the laws of the Stat® charter amendment on May 5, 1959, its name was Corp. By present one. Newark, N. principal offices are located at 481 The company is engaged principally The J. Financial Chronicle The Commercial and 8 . . . Monday, July 13, 1959 (156) PRESENT FINANCING GIVING EFFECT TO CAPITALIZATION Authorized payable •Notes stock Common •Of $42,214 notes these were secured $2,874 and receivable cent) (par. one by $45,088 250,000 shs. assignment secured by a chattel mortgage of on accounts equipment Lu-( bricant Contract— miles 180,000 at times three 1 that it has been awarded a substantial quantities of the new development in the F-108 and that production is now at a level where made available commercially to private The company unnounced on July contract by the Air Force to supply designated Pentulube TP053. for continued engines slated for March 3 aircraft, such as lubricant, turbo-jet B-70. the It in the oil base new is being evaluation for concerns announced also was automotive in high-temperature ^applications of number a industries.—V. metal-working and 190, 50. p. Illinois, The sales 1958 June over Indiana, Texas, Services, figures of include not do departments,- V. leased of sales 190, 51. p. asset Net share six months previously. per the share, income. outstanding numbeicd 2,602,489 at the close of the half compared with 2,501,758 six months ago.—V. 183, p. 1111. Co.—Acquisition— Mining Sabre-Pinon Corp. below.—V. 186, Corp. (& Subs.)—Earnings Up— Operating 1959—3 Mos,—1958 1959—6 Mos.—1958 $39,834,200 $31,149,700 $74,732,200 $60,155,200 before income taxes 8,024,200 4,875,200 14,542,700 9,635,500 Provision Net lor taxes inc. income Preferred Earned —V. 31— dividends 189, 2,203,900 7,645,000 4,493,500 $2,611,300 $6,897,700 $5,142,000 Gross 53,100 53,100 106,200 106,200 Interest $0.35 $0.93 income Service, Inc.—Common Offered Stock —Mohawk Valley Investing Co., Inc., of Utica, N. June 29 publicly offered 5,000 shares of common at par ($10 per Y., on stock share). FROCFEDS—The net purchase of tanks, for working capital. used for repayment of and other equipment, and meters - BUSINESS—The company was incorporated under the laws of New _ v;as to State March. 30, 1946. The name incorporated was Household Service Inc. Household and place Gas of Service, business Inc. Dee. on Household of The 1953. 2, located is which under on Household was changed principal office at Clinton, N. Y. At the time of its incorporation Household acquired the property and business of Household Gas Service, Inc., a corporation engaged in the distribution and marketing of liquefied petroleum gas' therein called "LP-Gas" and of Clinton Household Service, Inc., a corporation engaged in selling household gas appliances. Household is engaged in the distribution and sale of LP-Gas, a fuel household, farm, commercial and industrial purposes, equip¬ ment and appliances for use in connection with the TP-Gas. Household used for supplies LP-Gas central and service northern to approximately York-in New 40 milesisouth of Utica 5,700 customers' located stretching area an, 5% first convertible mtge, sinking fund bonds Preferred stock Common —V. debentures'... 189, in Outstanding $293,200 150,000 4,000 shs. (par $10 4,000 shs. 50,000 shs* _ 21,336 shs. 2566. p. Tin's company has changed its Hardware Manufacturing Co., Inc. was announced Industrial from name Industrial Hardware Electronic '• v July 7. on Corp.—New Name- corporate to \ Hardware Mfg. Co., Inc.—Name See Industrial Electronic share— Hardware Corp. above.—V. Net holders to of common shares of Panel lit. Inc., the right to subscribe at $3.50 per share for approximately 170,000 common shares of the company lor each three held of record June PROCEEDS-The ance ol net and 1959; organized was March subsidiary of Panellit; of and the and on that Panascan Division of Panellit the to Panellit of issuance* The Panascan Division lield the on July 6. 10, date in 1959, it as took wholly- a certain over consideration $2 601 of 140,000 shares of Systems common stock- has been engaged opment, manufacture and sale In irghts expired used to repay notes, the bal¬ used lor working capital and for additional engineering. BUSINESS—Systems owned assets 8, proceeds .will be the proceeds will be research shares of Panellit, Inc. common or primarily in the design, devel¬ lease of products, devices and systems of instrumentation, control, data handling, electronics and machinery; and Services' products will consist g ally of electrical _ the data reduction and computing equipment formerly manufcTvUred bv the Panascan Division.—V. 189, p. 1929. International Rys. of Central America—Earnings Period End'. May 31 1959^-5 1959—Month—1958 $2.14 5,926,265 Mos.—1958 PROCEED^—The net proceeds v ill be added to the the company-and be used for expenses incidental to general funds mining oper¬ The is a Delaware company corporation, organized in October 1956. principal office of the.- company is 229 South Street, Dover, Del. company maintains an office in New York at 438-86th Street, Brooklyn, N. Y. The company received a license to transact business in the State of Arizona on Doc. 3, 1956. The company is engaged in the business of acquiring mineral and other natural resources proper¬ ties and of exploring, developing and operating these properties, and in addition to conduct a general mining including asbestos. The com¬ $1,305,741 $1,186,347 399,932 943,143 $786,415 $2,640,392 ' 888,708 $2,812,136 385,996 $1,868,993 (net) 40,417 42,795 98,367 $1,751,684 ' 103,706 $879,328 $743,620 $1,770,626 $1,647,978 pref. stk. on Tlie has pany Number of ccm. 839,183 839.183 836,233 $0.89 $2.11 $1.97 share com. per 836,233 $1.05 outstanding stock Earned of shs. "Excluding dividends on preferred stock retired through commOn stock.—V. '189, p. 2891. the issuance has contracts from the U. S. 'Government totaling»$24,041,123, Alex Lewyt, President, announced predicted the backlog will reach $30 million by the company's new fiscal year which started on July 1. July on 7 announced that, at pioductfbij Mr. Lewyt stated that the company is continuing its expansion program/started four years ago with the purchase of the Ford Instru¬ ment Building from Sperry Rand Corp. More than $100,000 is now being spent for an additional research and engineering laboratory company's plant. the development facilities have already company's expansion program. He especially in the of radar data processing and transmission and that the com¬ was using some of the most advanced computer techniques in Lewyt said that research and tripled been fields pany research its the hearing has proceed been not because the audit of the company's books completed and counsel is in no position to the hearing.—V. with SEC 190, 52. p. SEC has lias an Reorganization exemption order under the Investment Act with respect to certain transactions involved in a "proposed reorganization of Jet-Heft, Inc.*, Englewood, N. J., an affiliate of Research <fc Development Corp., Boston investment company. Jct-Heet has outstanding $20,000 of 6% demand notes, $312,000 of shares of common stock. American Research demand notes, $204,700 of the 5% notes, and stock. It is proposed that the outstanding 5% notes be exchanged for new 10-year 5',7 subordinated income deben¬ tures and shares of common stock, on the basis of $4 principal amount of debentures and 18.75 common shares for each $25 principal amount of 5% notes. If all the 5% notes are surrendered, a total of $50,000 of debentures and 234,000 of common shares will be issued in ex¬ and notes, shares further is 6'c year the of therefor. change It 46,887 $10,000 of the 6% 18,521 notes - ; •_ j, 1. ... proposed that Jet-IIeet will issue $20,000 and 46,888 common demand notes, 6% standing . shares in exchange * of new fivefor the out¬ v ; financial position and be able to attract new capital. It lias been approved by the company's stockholders, holders of the 6% demand notes, and by more than 97% of the holders of the 5% notes. The company is an engineering and licensing company providing develop¬ ment services for manutVcturcrs seeking new products, largely In the field of heat transfer and thermomechanics. The Commission's order Railway oper. revenues. $1,243,336 $1,417,185 $6,656(906 $6,885,629 Net rev. from ry. opers. 17,145 168,466 696,544 711,025 chgs. •12,457 84,578 358,298 331,047 Act 63,759 258,488 235.643 airborne, Motorola and 189, shipboard and applications, ground he said. 1929. p. Ling-Altec Electronics, Inc.—Reports A vital the Cameron Advance— in the design and manufacture of power supplies program has been registered by this corporation, G. Pierce, President, roveabd recently. advance major for sonar Pierce said the company's important technological advance is use of s'emi-conductors to replace vacuum tubes in high-power equipments This achievement results in a great saving in space and weight, tremendously improving effectiveness of so^ar in sub¬ marines and surface craft. Mr. in the sonar Ling-Altec iias' a bgcklog commitment for sonar power, supplies approximating $2,500,000, with contracts from the U. S. Navy, Ray¬ Manufacturing theon . plan is proposed as a means by which Jet-Heet will improve its The Division said the exchangers, air condi¬ missile ground support radar and lire control systems. Lewyt equip¬ used in General Electric, Sperry, Westinghouse is designing and manufacturing heat dehydrators and pressurizers for use in equipment as well as ment is presently being pany owns long a»d short range and make Com¬ American 5% data world-wide weather predictions." company V. issued work in this area. Lewyt reported that the company's new Heat Transfer made excellent orogress during the last 12 months. He Mr. Transactions— The development and processing and data transmissions systems are now being Sage system," Mr. Lewyt said. "We have research and development contracts for the use of similar techniques in the 433-L Weather Observing and Forecasting System which will report and tioners, Order Exempts the the in weather of of company's engineering strength lay data "Our used interpret records result a as that the asserted the alleged non-compliance by tlie company, prior to institution of Chapter X proceedings, with the disclosure and reporting require¬ the Commission. Counsel for the Trustees requested a further on end that 90% of the contracts are Irom the military industry. The contracts arc for research, development of complex electronic equipment. 38*4 10% upon ments of and said Lewxt and Mr. the further request of counsel for the Trustees of F. L. Jacobs Co., the hearing scheduled for this date in the administrative .proceedings under the Securities Exchange Act of 1934 to determine whether to suspend or withdraw the Jacobs Co. common stock from listing and registration on the New York Stock Exchange has been continued to Aug. 3, 1959. Jacobs Co. is undergoing reorganization in proceedings pursuant to Chapter X of the Bankruptcy Act pending in the United States District Court in Detroit. The administrative proceedings are based SEC He 30. the of in Jacobs Co.—Hearing Postponed by SEC— L.) 950. Large Contracts— corporation The June and . of 188, p. industry Mr. Balance history.—V. operating no Lewyt Manufacturing Corp.—Has income deductions '-Dividends $15,663,151 $14,796,551 5,483,297 12,851.015 12,156,159 $6,069,644 $7,232,006 income Net Increased- 1959—12 Mos.—1958 1959— 5 Mos.—1958 Jet-IIeet, Inc. offered company $2.17 — 181, p. 2020. *nf°rmati°ln Systems, Inc., Skokie, 111.—Common Stogk Offered—The $3,782,952 $919,745 operating Income continuance Changed— 609,376 $3,820,667 —. Utilities Co.—Earnings Southern Period End. May 31-— and Industrial 609,376 stock common Operating revenues Operating exps. & taxes The FINANCING Offered on ations., 47. p. from 150,000 Industrial Electronic Hardware Corp., is roughly $500,000 . $25).' (par stock for common per 189, (F. PRESENT Authorized 6% —-V. to 70 miles north. CAPITALIZATION GIVING EFFECT TO , Earnings name The $4,392,328 requirements— available ) be to are cylinders, 1,315,552 $4,430,043 .. company The Balance Iowa proceeds debt, 1,287,255 — dividend Preferred Household Gas $5,707,880 1 for the possibly exceed' year.—V. 189,. earnings and June 12 publicly offered 100,000 shares of common stock (par $1) at $2.30 per share, without underwriting. of Net 1676. p. $5,717,298 $0.69 ___ sales Asbestos Corp.—Common Stock Tourneau —This 342,024 —- —- water well 2567. Le $5,365,856 259,592 deductions— $0.50 $5,457,706 .... incomc,..__..- share com. per income*, 4,325,000 $3,699,200 - - income- Operating Other and taxes— expenses p. $39,188,850 $36,515,758 33,731,144 31,149,902 revenues Operating 1958 1959 Months Ended May 31-— 12 Hooker Chemical Period End. May Net sales thai .announced also Steelman remaining six months of 1959 are expected to equal or tlie results of the first .half of the Company's fiscal Power Co.—Earnings— & Stardrill-Keystone produces industries. engme pany's fiscal year. Mr. 1376, p. Electric Light Iowa on were equal to 1959 six months for;.the drilling equipment, which is distributed world wide. A backlog of orders as of May 31, 1959 exceeded $9,000,000. a gain of $4,500,000 over the May 31, 1958 figures and is considerably higher than the $6,250,000 backlog on Nov. 30, 1958, the close of Hie com¬ entirely from investment Shares See York as same periods, dividends were derived In both year. stock of, qoi,nmon dividends preferred combustion months amounted to 22 cents during the first half of the preceding fiscal Dividends declared during the past six year Honiestake Inc. Inc.—Assets Rise— fund affiliate managed by Investors a. new high of $26,364,464 as of Chairman per $993,000. rbse »to Inc., shares Net, shiments first the lor May 31. The 1958 earnings 15c a common share. totaled $30,155,000, and in¬ crease of 38% ov^r the $21,863,000 in the 1958 period. Net shipments for the second quarter of the 1959 fiscal year totaled $19,007,000 against $12,740,000 in 1958, while earnings after taxes for the second quarter of this-fiscal year were $984,000, compared with earnings after taxes of $332,000 in the 1958 second quarter. The 1959> sales and earnings include approximately two months operations of the newly acquired" divisions Cast-Master and Stard rill-Keystone. Cast-Ma stet is a leading manufacturer of die casting machines for the automotive, appliance, electrical and small internal after 1959 compared with $24,011,831 on Nov. 30, 1958, up $1,752,633 half of the current fiscal year, Joseph M.; Fitzsimmons, of the Board, announced in the Fund's semi-annual report. value per share increased to $10.13 on May 31 from $9.84 May 31, of 72 junior department stores in Missouri, Alabama and Kentucky, reported retail sales in the February-June period ol 1959 totaled $6,566,000, an increase of 53.7% over saics of $4,272,000 in the comparable period of 1958. Sales for the mdnth of June were $1,520,000, an increase of 53.1 % operator company, reported iias company outstanding , assets of this mutual net 295%—Shipments Rise— net income after taxes of $1,316,000 for the first six months of its fiscal year, the period -ended May 31, 1959, or an-Increase of 295% over the $333,000 in the correspond¬ ing 1958 period, Julien R. Steelman, President, announced on June 22. Alter providing lor preferred divident requirements earnings for the period-were equal to; 78c per common share based on 1,547,060 288,000 shs. 1,000,000 shs. 10 cents)-- (par Selective Fund, Investors .. and Koehring (Co.—Earnings Up 'Outstanding 833. p. Personnel- in Co.—Changes & -V/V..,"- founder , voting stock 187, Kennedy r Kennedy" S. This TO PRESENT FINANCING EFFECT GIVING Authorized Total Hirsch & Co.—Sales Up— (P. N.) will • V. S.) expanded im¬ fox $1,000,000 and was? company CAPITALIZATION Common be will Phoenix " '• ' ■•• • ;. President, has been elected Chairman of the Board.! C. F.; Mooney, President of Anchor Metals, Inc., of Hurst, Texas, was elected President. i ' On June 29 Kennedy stockholders approved a proposal to merge Kennedy and Anchor. Anchor stockholders had previously approved the move.—-V. 190, i p. -52. Del. Wilmington, Diversified This vessel tons BUSINESS—The the speed of sound—that's the equivalent of the 100-hour high temperature jet-gngine tests recently completed uith a new "ultra-stable" synthetic lubricant developed by this corporation. v Over (D. D. be used for the purchase of a for working capital, incorporated under Delaware Law on March 8, 1956 for the .purpose of engaging in the business of salvaging the cargos of sunken ships and the general steamship busi¬ ness. The company's executive office is at 1214 Ainsley Building, Miami, Fla. It also maintains an olfice at 100 West Tenth Street, deadweight 5,000 of Mr. Roth said. Currently Phoenix has orders equipment.—V. 187, p. 2891. new Merger—- Salvage & proceeds net PROCEEDS- The Chemical Corp,—Awarded Jet Newport lle.vden of Co., Inc. — Common Stock Offered—Robert Edelstein Co., of New York City, on June 1 publicly offered 346,912 shares of common voting stock (par 10 cents) at $2 per share. Steamship Isthmus $287 monthly, at the rate of purchased by the company and payable including interest.—V. 189, p. 2458. it is not yet business stocking seamless mediately, switched are Although Outstanding $45,088 1,000,000 shs. —--- — . equivalent or Is designed and circuit The microwave circuits at distances up to 60 so that both ends of the landline or microwave simultaneously. the Commswitch Is being packaged for the Atlas project, available lor commercial use.—V. 189, p. 2785. cable miles transformers. condensers, diodes, switches and other things, transistors, over (hermetic) seals used in, among glass to metal manufacture of the Jn and Co others. for proto-type equipment, Mr. Pierce pointed future production possibilities greatly magnifying the present commitments. The new breakthrough by Ling-Altec is particularly important for sonar installations cn submarines, Mr. Pierce said, because of the crucial space limitations of the subs. Present contracts out, are thus .indicating . Ling-Altec .has: reduced the-size of large a the size of cabinet filing to unit from approximately each a 6-inch cube. "This increases tremendously, the power potential for a limited-area installation, such as a submarine, and magnifies the efiective range of the sonar system. its affiliates. Inc. avail, for fixed Net income *32,324 "Deficit.—V. 189, p. provides exemption an against transactions between Telephone & Telegraph Corp. — New Corp.—Acquires Voice communications demonstrated of July 2 International charge has in of "sentinel" essential by that successful Kellogg Switchboard Telephone communications & Telegraph systems for assures missile uninterrupted launcliings was & Supply Co., a division Corp., Kellogg, which has the Atlas and Titan missiles already installed the Commswitches at Vandenberg Air Force Kellogg officials stated. Base California, The Commswitch ing Equipment) (for Communication "listens" Failure Detecting and Switch¬ telephone conversation, decides whether making service unsatisfactory and if so Instantly switches the call to an alternate line. trouble along Additionally, mation on the line the the to a is instrument line, and even prevents warns the the injection operator of of false infor¬ incipient trouble engineers declared. Possible typewriter future use machinery control interruption of include transmissions for operating tele¬ setups, stock used and company shares of and 94% Stock Interest in —V. 189, 706. p. Corp. Commercial 173,421 183,600 price of about $3,250,000. tiations leading to the This figures out to a purchase Hemphill, Noyes*& Co. assisted in the nego¬ transaction. above it signed a contract to buy 69% of Phoenix's shares from the Herman Gardner estate,. Phoenix Foundation and the personal holdings of Theodore Friedlandcr, Jr., a Vice-President and director, at $18.75. It also offered to buy shares Late from last other Kayser-Roth. announced month, holders at the purchase of the 69% The same price. interest, however, hinged on Kayser-Roth's acquiring 80% of Phoenix's total shares by July 6. Chester Roth, President of Kayser-Roth, said this acquisition has been "suc¬ cessfully consummated." success in also said that holders of the few remaining shares still*in public given until Aug. 1 to tender their holding at the same $18.75 a share price. But there will be no extension of the offer after that date, Mr. Roth added. hands Mr. will be Roth said the profits of he expects Kayser-Roth." .A Phoenix to "contribute substantially In 1958, Phoenix earned $110,378. to production of began this week at the The chemical is used in synthetic rubber polymers It is also employed as a pharma¬ n-butyllithium corporation's plant at Minneapolis, Minn. the manufacture of;, such important new as polyisoprene and polybutadiene. intermediate. Initial output' will ceutical month. 1; exceed 1,000 pounds per - reaction of lithium metal and butyL-ehldride, modified with significant technical improvements which will enable facilities to be expanded easily to meet increasing Manufacturing demand..' The . America, Inc.—Begins Manufacture of Of New. Chemical— Co.— has stated that it has acquired for cash Hosiery Co., Milwaukee, or 94.5% of ithe Phoenix outstanding, at $18.75 a share. shares He would tickers, telemetering signals for remotelv in oil fields, hydro-electrical plants' anil wherever it is mandatory to minimize any transmission. The equipment is designed to operate machines, controlling traffic Phoenix Hosiery This electronic an registered investment company 2891 Development— Commswitch, a the Investment Company- Lithium Kayser-Roth International from prohibitions of new A v process, is based on the •_ corporation';? move in this area is part'of its efforts t-o chemical products.. develop Thus far in 1959, corporate industrial lithium sales are nearly 25% ahead of last company's 'announcement.—V. 189, p. 2035. product Long: Island Lighting Co.—Bonds year, according to the Offered—Public of- feiing of'aii issue of 825,000,000 first mortgage bonds, series K*-514% due 1939 was made by an underwriting headed by The First Boston Corp. and Inc. The bonds are priced at 102.291% group Co., Blyth & plus ac- Volume 190 Number 5863 . . The Commercial and Financial Chronicle . v (157) crued interest to yield 5.10% to maturity. The issue was purchased by the group at competitive sale on July 9 on a bid of 101.489%. At press time on July'10, between not 35-90% of the issue had been marketed. to There other & two were rate. coupon bid Co. to the issue, & Co., Inc., W. each stipulating a 5%i% 101.3299/%; and the Langley & Co. and Smith, Barney C. bid of. 101.16%.. bonds new Xor from (jointly), The bid;? Stuart received was 107.55% other Halsey, are 100%. subject Special to redemption redempion at prices prices ranging from 102.30% to from range ioo%'. ;%. i PROCEEDS—Net proceeds pany for construction made .1, for ox this to follows: sale estimated are $58,000,000, property $8,000,000. common will be used by the com¬ utility plant and to pay short-term bank loans Construction expenditures for the period May purpose. Dec. 31, I960, electric property, 1959, the from at S83.000.000, property gas allocated $17,000,000, Suffolk counties and the contiguous Rockawqy Peninsula in Queens County,, which form part of Long Island. Population of the territory is estimated at more than 1,880,000, an increase siace 1950 of 82% in Nassau and EARNINGS—For enues the 12 $127,607,000 were amounted 112% to in Suffolk. ended April* 30. gross- income Vor $25,825,000. the 1958 before calendar $121,960,000 and gross income $24,46G,000. UNDERWRITERS—The underwriters , - . of the 1959,' total rev¬ named have severally * .. • " ( Txie First Boston Corp..$2,400,000 Blytli 6c Co.. Inc.- - E. 2,400,000 - Harriman Ripley & Co.,. Inc. « Hutton F. : •% ' .* Shareholders rities The 1,500,000 Co., Inc. 1,500,000 Rand 1,500,000 I__ Winslow, Co.-—,— 1,500.000 & son ki-- Co __i Coliu Burgess 1,000,000 First Slierson, Wammill 6c Co. 1,000,000 Investmeixt Co.— 1,000,000 550,000 Ball, Bui'ge 6c Kraus,. Buniham Co. 6c Bros. Julien R. Collins Maok.ill Dickson S. Co.. Joseph J. & 550,000 .... of Co. Co of 120, SEC July on shares Fund Savles the & be Co., latter. Inc., Fund &, of Co., The to also part of its prospectus lists Executive SEC to at has company the in $2.50 The Net Sontw 250.000 Beane issued "It 200,000 a if is Bros. & statement of common with IT his in will be the offered made 189, provision net "stock. The to shareholders the 1959. Its 1959. research and policies and recommendation organization. The major companies whose operations are is authorized invest to United or States to up securities. 40% into the of glass Field— . electronics stereo on July 8 *- divi¬ -1-- $220,971 nine announced of its state that for, the ended year, net income, alter was $232,516 compared with corresponding quarter of the pre¬ taxes, for the ended automatic Central 31, May control Mr. Plan debentures and cash for the company's pre¬ declared effective as of June 30. President, $aid each share will be entitled to an Miller, that said and $150 face value of 50-year 5%% more than 65% of 30,000 shares outstanding have been deposited for exchange. debentures have been executed, process of being mailed. He added their that shares for "for the delivered to the trustee, the preferred and are in the been extended to those have who not yet deposited exchange Sept. . Managed Funds Inc.—Report Increase The present Funds May The it 1959. had a of $7,838,968 Net directors an of the increase shareholders the ready of appreciation from $927,962 assets million, to analyzed have former board unrealized to $80.5 report have and rose 31, totaled A that Funds' stressed holdings market, despite at 16.3%, say against end was they irregularities Securities and Exchange Commission proceedings the it independent and Asset Value corporation on July 1 investments of Managed during the six months ended Funds of in this on management. started a on earlier. year shares, 15,814,330 on May Stock of one 250,000 189, with Fund, 1958.—V. highs, 189, Loss Tlxc N. Y. : credits 74,451 Note: The Ltd. outstanding Yr. End. Oct. 1958 440,109,000 2,956,000 stock for the of the all two 12,087,000 the 1,791,000 of the period stated. Current plans Page, which, to in of of McKesson Barada of & 9,519,155 9,552,248 & & Mo. Page's McKesson's Barada existing & $0.13 $0.89 $0.13 $1.25 is of high quality the Managed April 24 announced Funds, challenging debentures $10,050 of and of de¬ per was organized in March, 1959 to in engage research, coun- Board Chair¬ below.-—V. 189, 2244. p. * personnel, Walter Page, has of its of M. maintaining Betts, been its will Who appointed a - 1940 106 West 14th St., Kansas City, to regulation under the Investment Com¬ registered thereunder with the Securities has . as closed-end a although company, Such of regulation, it however, is non-diversified free does to not change involve to management diversified a governmental the company's management, investment practices or company is not required to repurchase its own shares. poration. ceived F. to the invest initial approximately stock $87,000 subscribers in of the $109,000 accordance with investment policies herein desccribed. OF PROCEEDS—The investing in the ments," than executive as product J company of motion re¬ the the primary production and for picture to maintain 100% of its invest¬ United States Govei-nmenfc securities proposes in circumstances grade organized was securities It investment limited high described below in "Other Invest¬ corporate bonds) in the securities of companies distribution of motion pictures or in the supplying equipment, commodities or services to the motion picture industry. At least '60% of the company's investments (exclusive of United States Government securities and high grade cor¬ porate bonds) will be in the securities of companies deriving a prin¬ cipal part (more than any other single source and not less than onethird) of their gross revenues or net earnings from the production or distribution of motion pictures. The remaining investments may be in companies established in other fields but deriving a substantial part of their gross revenues or net earnings from the production or dis¬ tribution of motion pictures or the supplying of equipment, commodities or services to tlxe motion picture industry.—V. 188, p. 248. in the business of Vice-President in companies. (other engaged common line and organization complement those Department, particularly in areas where operating. In addition to the distribution of Barada & Page repacks certain chemicals such Because shai-es except from super¬ policies. at a specific group of investors, any may be limited. has not engaged in any business activities since incor¬ the company purpose of distribution continue Light Building. subject and Exchange Commission ments shares & is company Act The 1435. p. company was organized on April 30, 1958, under State of Missouri, and maintains its principal business Power production or now industrial chemicals, solvents, chlorine and ammonia. Under Mr. Betts' direction, its operations in the south central and southwest will be closely integrated with those of McKesson's Chemical Department.—V. Mountain States Telephone & Telegraph acids, Period End. May 31 1959—Month—1958 $ Co.—Earnings 1959—5 Mos,—1958 $ $ 2568. $ \ Meg Products Co., Inc., Hawthorne, Calif.—Files With Securities and Exchange Commission— Thje corporation on June 24 filed a letter of notification with the covering 120,000 shares of common stock (par $1) to be offei-ed SEC at $2.50 The ment share, per proceeds for and through to are be additional First used Angeles for This revenues 23,840,530 20,935,833 115,645,473 101,631,159 expenses—___ 14,345,752 13,238,866 70,118,711 Federal income taxes 65,208,362 3,588,533 2,830,632 17,047,506 Other 12,748,681 taxes— 1,936,198 1,612,714 9,940.047 8,704,592 operating income charges 3,970,347 3,253,621 18,539,202 14,969,524 3,550,819 2,775,985 16,647.246 12,727,298 operating Net Net after —V. 189, p. 2459. Corp., Beverly Hills, Calif. machinery and equip¬ inventories, National Aeronautical working capital. Stockholders & Thermit Corp. Registers Employee Stock Plan With Securities and Exchange Commission— corporation July, 1, Operating Operating p. 1959, employees Stock Option of — filed a registration 45,000 shares of covering to the statement with the stock, to under its common and subsidiaries 1677. company Plan.—V. 189, p. SEC be on offered Restricted split tlxe The The stock is PROCEEDS—The connection iary, will use net proceeds from the offering in of facilities of its wholly-owned subsid¬ Corp. The expansion program will require $4,500,000. Arrangements also have been made to bor¬ with Gulf company an States approximately expansion up and Manufacturers $3,000,000 of from The National Prudential Bank of per and co mill from Insuxance Co. of and liquids equipment rounds, outside and and The gases. permitting for of the The States total capacity of with Net 30. $5,708,972 income in 1959 in the stock aviation —V. - a record the 412,749 new May net 30, the earnings plant is progressing well, Aeronautical manufactures products corporation of shares common 30,000-square-foot, electronic 190, ended and proposal a to marketed $370,000, $400,000 Mr. a had record sales equal to 90 cents outstanding. addition Riddle under the to the Fort stated. diversified line trade of commercial name NARCO. 54. p. National Gas & Oil Corp. (& Subs.) tlxc annual that For the the has paid quarterly shells Seamless company during the six months sales of $10,280,757 compared consolidated corresponding respective periods ($5 tube Michigan on Net months the preceding TO PRESENT cash ' - years dividends first two quarters of dividends 1938 on its 1946 common . 25c per share on the dividend 1933. 296,932 shares 1958 $4,999,376 903,288 879,207 requirements —.— 28.167 . . $875,121 $879,207 $1.85 $1.89 company announced on Shoals, Ind., June 23 that it is starting major a plant. Melvin H. Baker, Chairman, revealed that the expansion will be pleted next February and will boost the plant's capacity by 50%. it Baktjc said the local plant has operated close coinpleted was Mr. since 1959 $5,610,750 ; —— National G.vpsum Co.—To Expand Plant— The plant Michigan Seamless stock — expansion of its 693,864 shs. the current fiscal year Michigan Seamless of -Earnings ! revenues Net earnings for common stock_— "Net earnings per share of common stock —V. 189, p. 1797. Outstanding 1.000.000 shs. and income Mr. FINANCING Authorized part year. $936,842 and $259,243. was EFFECT of operating Preferred , had DIVIDENDS—Except in the paid on National the company from 56,000 tons to , Common produce program will increase annual approximately 24,000 tons to from EARNINGS—Organized in 1927, the April nioniths on will provide program to dependance tube shells. Gulf States 82,000 tons annually. ended Split— 9 effective 12 Mos. Ended May 31— expansion Gulf eliminating, its sources productive capacity tons, six share Washington America and its subsidiary manufacture'cold drawn tubing,, used largely in machine construction, aircraft, convey tube July on two-for-oxie. year. the Work Detroit. BUSINESS—Company hot approved slack common 825.498 $3,350,000 Gross steel to be Corp.—Votes Stock corporation Tube row to priced at $24.50 per share. this Aug. 1, will increase outstanding common shares, par value $1. James M. Riddle, Jr., President, told, stockholders that the corpora¬ tion's volume, at an all-time high during the first six months, Is continuing at a high level during the second half of the Nov. 30 to In associates. of corporation's split, stock fiscal Michigan Seamless Tube Co.—Common Stock Offered —Public offering of 100,000 shares of common stock was made on July 8 by Paine, Webber, Jackson & Curtis has on 10c the market for $0.63 Chemical Page the cc;mposed of common j tlxis offering is directed primarily Robbins. investment- advisors are The vision the City, Barada at 1000 investment announced with. Kansas President Calif., covering shares attained. and & Page, Inc., officers on July 1. The exchange followed companies reported in • March. contemplate no change in the operations of Barada as a subsidiary of McKesson & Robbins,- will con¬ function offer each unii Alto, 1959, 387,000 Technical Development Corp., Minneapolis, Makes Investment in Electronics Firm laws of 9,625,000 12,026,785 exchange of stock of Barada CAPITALIZATION GIVING charged-against be 3,400,000 $1.03 188, outstanding between to proposes units, Palo July 2, and shares, at a public offering price of $10,500 ax*e to be offered only to promoters, officers share. The prospectus indicates an additional shares may be issued in connection with the company's re¬ stock option plan. No underwriting is involved. office at 13,025,000 completed companies agreement in on BUSINESS—The Robbins, Inc.—Acquisition Completed— has company shares Street, SEC The primary objective of the company differs from that of the usual investment company. Although offered generally to the public without restriction, the offering is intended for purchase primarily by persons concerned with the motion picture exhibition Industry, other persons should consider carefully the company's primary objective before buying these securities. The company offers no assurance that its objectives $ America—Proposed Merger- below.—V. corporation The the debentures 31 1958 and, McKesson & Tlks Transport May 29 without underwriting, pub¬ licly offered 200,000 shares of common stock (par $1)% at $10.75 per share. — figures do not include the operating results of (acquired in March, 1959).—V. 189, p. 603. Co. 4061 Motion Picture Investors, Inc.—Common Stock Offered above Rubcroid at 137,500 shares — USE See 5,000 with compared 1,791,000 share-,— Mastic Tile Corp. of located See National Semiconductor Corp. The Perkins 5,000 _ President. status. common Co._l"_ 6c Midwest high, share¬ 12,606,000 - income—per O'Donnell Tlxe prospectus lists H. W. Jamieson of Beverly Hills as and Stanley F. Kaisel of Palo Alto as p., 1468. 7,761,000 4,845,000% Profit before loss carry-forward ■ s tax credits—per common share— Net stock. company pany _ shares C. man carry-forward tax R Smith, Hague & Co. guidance, 220,460,000 203,203,000 421,353,000 credits income 5.000 10,000 terineasures and commercial point-to-point communications equipment. It has made no sales and has no operating experience. Of the net proceeds of the financing, $125,000 will be used to purchase machinery, equipment and other fixed assets. $150,000 for operating expenses, and tlxc remainder for working capital. Mo. carry-forward Net 10,000 8,000 5,000 development, manufacture and sale of electronic components and equip¬ consisting initially of traveling wave tubes and related devices to be primarily used in military detection, navigation, Inc.— new a 8,351,000'..' 5,565,000 loss Wm. C. Roney & Co Baker, Simonds 6c Co., Inc. Eppler, Guerin & Turner, 10,000 2786. and 5,000 unit. the before tax & ment 233,572,000 210,559,000 443,065,000 taxes Profit to are Shares 10,000 common 138,OoO the Sales & Earnings Higher — income Income which —This company on Ltd. goods sold, etc. of — 31,-also quarter end, record 24, dividend follows: as & Co.__ and directors, to be offered May At the both 31, all company, are June a July 20,1959, underwriters, for as representative, stock they have acting common Co.—.—_^^_ company, stricted $1) Jackson 6c Co Noyes 6c Co.. p. common will 50.000 reported is notification (par sales_„„___ seamless benefit of exchange, debentures. of He said necessary date limit for the remaining 9, 1959." • » ' Depository for the stock is the First Portland National Bank at Port¬ land, Me.—V. 190, p. 53. ' shares has of stock Growth $273,357,459 19,336,501 purchased, 32,000 189, Minn. hit are On declared several is of the a registration statement with $500,000 of 10-year subordinated on assets any split-up. Microwave Electronics Corp.—Registers With SEC— Files With r— —234,456.000 209,516,000 and miscellaneous income— 2,116,000- 1,043,000 Cost of and Effective— exchange was Miller directors $'">'• Metal switch RR.—Exchange exchange of $5 in cash stock the oK emergency.—:V. 189, quarter . to of Lomasney & Co.% New York, for working capital. — / used if (he Curtis shares filed con- fiscal % months solid plan net Total as Corp.—Earnings Rise— quarter income equipment electronic an " third Federal Spencer be & from 6c This, board in was April 30 on times faster than present devices used for the same purpose. Potential applications covered include regulation' of steel rolling mills and the various steps involved in the processing of chemicals aiid foods. —V. 190, p. 53. The directors *'• ' • offices forming and. packaging field, .according to an weighing nine ounces, containing no moving parts, possessing virtually unlimited life, and capable of regulating complex industrial manufacturing processes at a speed of 1,000th of a second, has been developed by this- Corporation. Designated "Stat-Pack." the unit performs switching functions five E. the A. Investors of names Jackson purchase to stock Seamless to holders of record 9 affairs consisting enabled 1959 i tinue . ferred stock committee 6 Months Ended and to 2035. p. of Maine net and the Magnetic Amplifiers, Inc.—New Development— new value The 1959, net income after pro¬ vision for Federal income taxes, was $544,855 compared with $517,184 for the corresponding period of the preceding fiscal year. The foregoing figures are unaudited and subject to year-end ad¬ justments.-—V. 189, p. 1930. A Funds' After counsel in Fund ceding fiscal year. For to are Massey-Ferguson of July 6 which went on to say as follows: active negotiations to purchase Symphonic Electronic the for income —V. order Act moving 1959, asset Common January Canadian manufacturer corporation 31, through D. 1959 agreed Webber, Shields shareholders of Managed letter a the companies. Madison Square Garden May The Act time common 100,000 Co...... nationally known manufacturer of hi-fi completed will result in the addition of sion."—V, in 200,000 Corp.—May Enter Electronics is carrying on which judgment filed of 2-fcr-l Michigan of Shearsoix, Ilammill a earlier. only to shareholders- of the employees' of Lcroniis*,- Sayles and investment under an corporation, Corp., the of 250,000 Inc. be investment than N-7D-1 announcement at May 31 was $14.14 per share. A capital gain year ended May 31, 1959, according to its quarteidy report. Net asset value on May 31 was $14.14 per share. A capital gain distribution of 11 cents per share paid in December 1958, increases this to $14.25, a record quarter-end high, vs. $10.01 per share a year T. Freeman, of Boston as President. He is of Loomis, Sayles & Co., Inc. application filed by the Fund of Canada pursuant under that machinery, proceeds 23 shares ox numbers Hemphill, directors. as Rebstock-, Munro Net Asset Value at Record High— & The share, per Massachusetts United Lynch June on 100,000 62,611 & '& Investment Company Act, the Com¬ permitting it to register as'an investment make a public offering of its securities States. According to the order, the application con¬ tains certain undertakings and agreements, as specified in the Rule, which together with the provisions of the Fund's charter and. by-laws are proposed as "special circumstances and arrangements" justifying the entry of the requested order.—V. 189, p. 2243. "r: mission company covering recent July 30, Curtis Maui-ice an Rule Paine, Exchange Commission— The Webber, Hayden, Stone Wede- . Company Investors C. per Vice-President Pursuant to the but other Brouk. non-affiliated the the respective purchased bentures owned & shares offered officers Co. Canada, in Act, for $158,249,112 Walker registration to organized on & investments in assets the in Jefferson Marshall Industries, San Marino, Calif, Securities and 100,000 800,000 be affiliated was Sayles its centered of its based are Loomis, by Townsend executive an quickly in behalf and Albert Brouh. Investment taken the John 100,000 a are will clients, company operations of and of and be . initially at $25 per share through Loomis, clients, officers, directors and employees of shares Canada, Inc., benefits Total filed covering shares 1959, the M. Gen. recommendations future. Rice, offered The 15, action holders Loomis-Sayles Mutual Fund, Incorporated, of record July 15, After July 31, 1959, the offering price will be net4 asset value. Sept. Mullen of move than these on near Earl of 2139. p. Canada of company 1959, 6, to are The Interest investment are Roberts, 250.000 Ltd.—Registers With SEC—SEC Order Permits Offering in United States— This the Dr. Paine, tlxc severally to shareholders the affiliates as investment and Morris vote Mullen, Jr., and being supervised by 250,000 Coe- 53. p. Co. election in are: and investment new of UNDERWRITERS—The Whom and "stop more directors board Shares to called select or firm own recommend James directors to Total 550,000 Loomis-Sayles be against Sutro 6c Co. —V. and scheduled to directors provisions Funds. of John B. Joyce & Co. Saunders, Stiver & Co. 550,000 — Marache Jr., Messrs. The Suplee, Yeatman, Mosley 550,000 6c Granbery, 250,000 - Williston R. Co., Inc. Fahnestock 250,000 Co...__- ' Corp. & "Bioren Denton. & 350.000 Leith__-—- & Southwest 550.000 6c Inc. 350,000 ... Stet¬ Norfolk 550,000 Burns 350.000 - 1,000,000 Smithers & <fc Inc. Co. S. 350,000 Raffensperger, Hughes 6c: Francis I. dju Pont 6c Eiter & Co.___._ F. are present Roberts, Securities Corp... 350,000 & Stieglitz_2—350,000 Indianapolis Bond &• %~ Share Corp. Inc. Weld .fc Co Witter & of to the of 25c per share payable Halle Secu¬ Corp. White, Dean Smith 6c Webster & Davidson special meeting Childs 1,500,000 Lynch, Pierce, Feiiner t Stone behalf , Clinton outstanding prior were Inc., then investment advisor the interests of the shareholders board has now decided to retention of Townsend Management advisors and underwriters and the . Merrill who Associates The mayer, on 1959 proposals either to merge into other funds advisors. SEC v Co.%_'--- $550,000 & hearing Avere revenues below in a directors considered incomer deductions - bonds: new moved scheduled Funds' 20 agreed to purchase front the company the following, respective principal amounts Funds, Slayton and the announcement, iormity with the Act - year ■ this with by terminating the management contract with the Slayton suspending sale of the Funds' shares (thereby issuing their order"). Since that date the directors have the months and the registration after affiliated temporarily BUSINESS—The company supplies electric and gas service in Nassau: "and its statemest, stop order should be issued. a Shortly as and of accuracy whether Baker will expanded He here said be four years operations increased in in order to com¬ capacity since ago. the to gypsum provide mine 500 feet Under the more gypsum ore for the to expand plant. said tlie plant's and the all plant output. warehouse operations will be enlarged in order Major additions to the quarter-mile-long will be constructed.—V. 189, p. 2892. plant The Commercial and Financial Chronicle Corp., Danbury, Conn. • Formed—Announces Financing Program— The Midwest Technical Development. Corp. Twin City investment has become a major participant in the initial financing program for National Semiconductor Corp., a newly-formed electronics Semiconductor National i-omnanv engineering »3c'n'" of t of tin- ^The'm'w company has been organized by a-group of production .experts formerly associated with the Speny conductor Division of Sperry Rand Corporation. President company is Dr. Bernard J. Rothleln, former technical director rand 01 Monday, July 13. 1956 . . . (158) 10 Midwest'Technical Development Corp. is providing approximately $050,000 capital for National Semiconductor, MTDC President, said. The investment repre-ents\purchase of 50,000 shares of common stock and $100,000 ol convertible debentures. The balance has bee*} provided by participants in the new firm and private investors. MTDC will be represented on the new company's board of directois by Mr Ryden and Gordon C. Paskc, Midwest Technicals Treasurer, other board members will include Donold L. Lucas oi the New Yoik investment banking firm of Smith, Barney. &» Co., Dr. Bothlein and Sir., B. N. Clarke, a former group head at Sperry Semico nunc tot Arnold initial the of £150 000 July on file I 1 It a Months Ended : - .. and operating income Other income' ..... * Interest debt on ' ... divs. for Prov. $12,807,992 $12,444,209 $10,203,815 500,000 500,030 122,038 stock preferred on would in¬ lx-ctiiie s. plant lacditie.s scon earlier stated that his company's products transistors, silicon diodes and high-power silicon Rothlein Dr clude silicon expects to announce acquisition of plans to be in production within six months. company and Earnings —-V. 189, share common per 16 Inc.—Registers With SEC— Centers, National Sports 100,000 for offering, is public sale which efforts basis by General Investing Corp.", commission of 12%. The underwriter is made on a best receive a selling be to arc to be stock purchase warrants. The debentures at; 100% of principal amount The common offered owned rand controlled by Ralph De Pasquale, President and controlling • stock¬ holder of the issuing company. Each participating underwriter is entitled to purchase 100 warrants at lc per warrant for each $1,000 will into commoiff The warrants are convertible by him. debentures sold of at $4 per share. stock . will be used for com¬ certain bowling alleys and other prop¬ added to the company's general funds available for development of properties and the acquisition and devel¬ opment of additional bowling properties.. This amount, according to the prospectus, should permit the acquisition of two bowling., centers Which, if acquired, will make a total of six centers, management's target of This financing, $528,COO Of the net proceeds of and/or payment .for the balance will be pletion erties" jor and 1959 ~ Pacific Ity. Northern with.offices at 55 Broadway New York, filed a regis¬ the SEC on July 2, 1959, covering $1,000 000 o debentures cumulative due 1909, series G. and This company, Offered—Halsey, — Stuart the all $88,500. predecessor company and for which they will have paid 79.5% will hold 728,503 shares or of a dividends, for all maturities. crued I bid Commerce Commission. is to be secured by 800 The issue York "New 2787. p. Corp.—Acquisition— Nationwide holding company has purchased a -"majority Brunson Bank and Trust Company oi Columbqs Ohio Thi,: the in 189, Y.—V. N. 15, for stock interest and has. an¬ cars not offering less plans The Ohio bank's Ltd. Seeks — to Corp.—Silloway 1, Mr. Silloway also is .Pacific Northwest —V. 188, director a Pipeline Corp. of and a El Paso Natural Gas Co. and trustee of Wesleyan University.- 1718. p. 1963 Gas in corporation reporter! for the four months period ended April 30, and gas sales of $413 000 compared With sales of $302,000 in the corresponding period-of 1S58', according to James R. Wenuover, President. He added that crude oil produced net to the company's Interest is now averaging 1,300 barrels per day, and is steadily climbing, as "compared with an average of 1,100 net barrels per day 1 produced during 1958. oil Net profit for /the first four months after §28,000, representing a $00,000 reversal of taxes the approximately was $88,000 loss the in corresponding period of 1958, according to Mr. Wendqver. He declared that although no accurate earnings .forecast for the year eaii be snade at this time, net income should be substantially higher than the $125,000 shown Wendover Mr. in said 1"58. that so far this year no drilling has been con¬ are scheduled to begin within 30 days two of wells on its acreage in Saskatchewan, Canada, tmd one is a semi-proven location in Borden County, Texas. He <leclared that the company s exploratory work in Canada is developing very favorably. Present plans are to concentrate the company's ex¬ ploratory drilling there, while in the United States it. will continue vo place major emphasis on the acquisition or producing oil and gas properties and v.aterflood operations.—V. 189. p. 812. ducted, which but three Ashland. Airlines, Inc.—Extends Service— July 1 inaugurated and Rod: ford, 111. on Wis., Buttomcr, Vice-President, Traffic and new service air According Sales. ".We to Applcton Frank to completing are N final installation of equipment at the new" stations" Appleton and .Ashland wilk.be receiving scheduled airline service for the and arrangements lirst time, Mr. Euttomer said. Rockford' is served by another local cirane. All three -tatcs ^ May cities were awarded to North Central decision Area au-line the by the filnl an appeal of the CAB has Civil Aeronautics and RotiviOid, it agreed to begin service 2_ who Gov. Gaylord Nelson. A in Board order lan year's (CARS with respect now after Without '310,18 the as e Seven Although to Ash- conference agreement, Gov. ,i™ North New In June, increase 22 Central its second over DC-3 s formance North Oy Passenger 159, due June June of last ooeratiom ' vear. - TnF • was - ^ Cil£5:^. then scheduled its five Convair 340 s aitline reports miles, one of the 'oesr 99.0% of. flew factors in the airline industry. V 189, p. 2787 2,000 McDonnell 2,000 Walstoii and Solid ay & Ford p. *2460. - an ■ " Co. Cement units, was — in the • . ' • . ' ; suit of on sin* will and be and about 30 cement, lands & 1,000 Inc._,_.__ 1,000 1,000 Inc Co., Williston R. 2,000 Co..—. & Co. & 2.000 • Co.— & 1,000 Beane— shares of ten are of Pryor ; ' ': Public District the of Act an order granting an application of this New for an exemption order under the Invest¬ permitting the proposed issuance: of its shares at substantially" all tho cash and securities of The for The latter is Corp. which been has its funds." Stock Inc.- -More Industries, to Acquired Be by above. Corp. Ampex (C, Yacht Inc.—Registers With SEC- company, a Airmotive Corp. Overhaul Approved First — Engines— '/ Administration's first Aeronautics Directors facility. authority plant at Prvor. Okla.. manufacture of Portland special cements. The company owns argil- The announcement who'said that the amended to ken Certificated to overhaul JT4 Air made by John W. Myers,. President, Agency Certificate No. 88 has now JT4 turbojet powei overhaul to was company's cover the JT3 V/ plants. engine since PAC 1958. February commercial facility for this engine. Mr. Myers rtated that FA A approval to overhaul jet engines is limited to* a specific engine untii such time as a company has the capability, and cxp ricnce to overhaul a majority of the commercial engines in the is the also only approved classification. turbine jet engines'have been overhauled by Modification and overhaul of. the complete manufacturers has been under way for the past few mon'hs. Under the company's jet engine contract., with Continental Au Lines, PAC will begin, work on the overhaul of the first complete airline jet engine later this month. Mr. Mvers said that PAC would be filing its application to over¬ haul Rolls Royce Dart engines within a few months, as the company is scheduled to begin work cn these engines; in December. At that time, PAC expect, to be the only commercial facility with unlimited approval for jet engiiten.—V. 189, p. 342. ^ u Accessories .PAC jet to be redeem¬ and for jet engines powering long-range versions of the Boeing 707. and Douglas DC-8 lias been a v. aided to this corporation's Burbank (Calif.» engine common limestone System, Court company, Facility for JT4 Jet •; ' a of District S. !;• ' The of contract a will to lie Coleman award ' covering overhaul the of * twin-engine U. ^ Navy has been received by this corpor Neal J. Colonmn, Vice-President-Administration. - for the according work Mr. transport Navy Contract— Gets ration, year. a for jet engine Nolice . commercial for for more than R4D "transports performed that stated at two the Calif, company's Chino. aircraft are scheduled into facility? the Chino facility in June. It. is anticipated that approximately ,-six_ aircraft per month will be scheduled for overhaul during each- of .ftie lpllowing months. 12 contract Pacific negotiations has not Ga$ conduct biddi-g. Under referred of 865 this have July year not determined plants completed." dollar been at this time.—V. h p. Co.—Financing Plans— will take operation the form of the sale, at competitive and refunding irortgagg bonds. expected that bids for this issue Aug. 25. 1959. 4 applied in. part to retire temporary bank willlbe value' of 349. 189. 1 announced that the..only financing million of its first present on Prccecds been Electric T'°is company 011 will * - final Since it deposits Fastening Raniset U. the tlie fund stock into the value of the holding com¬ (amounting to $1,047,469 on May 29, 1959),—V. 189, assets Pacific the containing Equip¬ " capital. area Cecil is Offering oversubscribed plans to construct northeast of Tulsa, for the and located at Stans'nuy Road, Dundalkv Baltimore, Md., registration statement with ;he SEC 011 July 2, 1959, covering 300,090 out.'tanding shares of common stock, to be offered for public sale, by the holders (hereof through an underwriting group headed by Shields/ <fe Co. The o fering price and uiidei writing Lernis are to be supplied by amendment. Tnc companv producer fiberglass,and wood pleasure boats. It has outstanding 1.000.000 common, shares, owned in equal amounts by four Owens bro hers, Charles J. Owens, President, Norman G., John B.v and William C. Owens, officers. Each proposes .to Soil 75,000 of his holdings, tiled 140,535 ' ' infringe¬ patent a Pins, Inc; it was announced. charged with infringement C., share of per Orr 6,446,906 7,682,232 620.735 443,132 — Division filed Drive D. Ampex Corp.— proceeds from the financing, .-together with other by the company for the acquisition of land, plant of Ozark Portland Cement Co., for construction working miles the Co. & 2788. p. closed. oil well cements and oth»r in Simon Wheat & Darlington 2893. stockholders three pany's assets for units issued lias value asset value b£- redeemable at the sinking fund price used other of a personal holding company engaged in the business of Substantially all its assets are to be transferred to the fund in exchange for shares of the fund's stock, the number of shares to be determined by dividing the net asset -July 7 by Laird & Co., The debentures plus accrued interest. books severally Street Fund, Inc.—Acquisition Approved William SEC in p. investing and reinvesting plus accrued interest in each case. Through operations, of the sinking fund, beginning in 1966 and calculated to retire at least 86% of the issue prior to maturity, the , filed 189, Company with $8,001,732 V against division's the was investment net 1958 Offered 1959 are Virginia & Delaware 158%"— unless the company's Board debentures will 26, both of Washington, ment have advised interests of " • Securities made June on defendants One able, after they have become separately transferable, at optional redemption prices ranging from l06Vz% to par, the J. company's Winchester-Western Corp., The Each unit, consisting of $100 prin¬ earlier date. 100% Inc.. ("0., York subordinated debentures, 1974, and 360,000 shares of common stock, 1960, Co; 2460. ° p. suit The the' bonds, Morgan /--. w ,___ ../ $10,335,879 ——a8 389,992 amount of debentures and 1, & Delaware.—V. stock, is priced at $102.50. The debentures and the com¬ mon stock will be separately transferable on and after fixes have numbers Units C. 189, and '■ M. 5"'i% Inc.—Profit Up — — Corp. and associates. Jan. respective J. Thii consideration. ' Tinto group in Northspan Rio of BUSINESS—Company ner- are 1959 PRGCFF.D£—Net u 189, 2787. 1, hV> % $234,000, . Hill, development favorable the of Airlines, sold in 36,000 costs, Convair of the proposals million proposals.—V. revenue—L p. the 011 be specifically of three patents in the manufacture and sale of a tool known as the Ammo Stucigua. The patents involved, namely. U. S. Nos. 2,790,173, 2,849,715 and 2,869,127, cover features of Ramset's Jobmaster tool which is a offering of $3,600,000 of 6V2% funds, of aclvis->d Oklahoma com¬ the below named the I. Tlie $6,000,000 Total expenses— —v—9,535,.714 Plight equipment depreciation expense 752,469 Operating inc. before taxes and interest expense 922,428 Net income 1 „../...• 362,521—V. the company 2,000 Sec general mortgage bonds. the company • that' these bonds' will be voted in $6 Operating revenue—. and traffic records for the local service a Mines Central, wnich boarded 93.509 revenue passengers month offering public recommend investment Northwest of Airlines, Inc.—Sets New Records- the Month of May-r- full performance set has con¬ of year. underwriters 7,00) Fadcral and were and including- the of cipal North Central This corporation «Dd favor wells development are Tinto Rio calendar each from 1,860,000 $45,000,000 in their opinion combined $26 •'*million, in Co 1.230.000 13,950,000 - and Model, Roland & Stone, of New York, bondholders The This 1959 9.225,000 :_;.—jl with connection that will on 15,009 This emphasized that the holders of 663a% o" the bonds to approve the proposals and requested all bondhold¬ touch with their bank, investment dealer or brcker to obtain the necessary material to vote at the meeting in person or by proxy. In his letter, Dr. Gillanders pointed out that the managing under¬ the Corp.—Reports Profit— Co., ment to get in writers for shares requirements debentures requirements below: ment Gillanders Dr. reserved be 80,900 Olin Mathieson Chemical Corp.—Division Files Patent would be required ers which three options. interest the on dividend will and stock Corp.- 1,130.000 w-l: Total—-- Stanley & Co. & earned Owens Northspan Nortex Oil 8,475,001 1963. 1, issued Infringement Suit— 1962- July annual stock, Peck_. __i Gillanders, Jan. Board— on President of Harriman Ripley. & Co., Inc., invest¬ ment bankers, has been elected a director of Newmont Mining Corp. He will fill the vacancy on the board caused by the resignation of •Carroll Searls, who is retiring after 32 years of service .with Newmont. Hoy C. Bonebrake, a Vice-President, has been apoointed General Counsel of the corporation, and John E. D. Grunow, of its legal staff, has been appointed Secretary, succeeding Mr. Searls in those offices. officers' and annual stock common & common Ncwmont Mining 1966 1, convertible pre¬ will be $4.5,830. Dividends on the convertible preferred cumulative from and after Jan. 1, 1962, but only to be forth —V., President, in a letter to the general mortgage dated July 1, stated that a meeting of the bondholders to consider the proposals had been called for Sept. 1, 1959, at the office of Morgan Guaranty Trust Co. of New York in New York City. The specific proposals are to postpone the sinking fund payments required to be made by the company on Jan. 1 and July 1, 19G0, and Jan. 1, 1961, and to increase the last four sinking fund payments and the payment on the final maturity date of the bonds, July 1, 1963. Certain, other changes in the sinking fund provisions of the trust indenture are also proposed. "The- company's proposals are designed to permit the company to arrange its finances so as to avert default under either the first mortgage trust deed or the general mortgage trust indenture," Dr. Stuart F. Silloway, for $192,500 to purchase Parker. Revise bondholders 1. will extent Hopper, Mines are under debentures next Adams, maturity date. July of preferred maximum be stock Laird for doubling the bank's capitalization. Superintendent of Banking has approved plans to increase Gillanders added. shares from 2,500 to 5,000. Through the sale of The first mortgage trust- deed secured prior loans made by two the additional shares of $100 par value, capital will be increased from ^ banks of which $13,250,000 in U. S. funds and $9,160,000 in Canadian §250,000 to $500,000 and surplus will be increased from $250,000 to funds were outstanding at this time. : §1,003,000. Of the latter amount, $050,000 will be realized through Under arrangements made with the .banks which, however, are the now share offering. subject to the approval of the proposals to be submitted to" the Paul Boardman, Vice-President and General Manager of Nationwide general mortgage bondholders, the balance .under these loans will be Corporation, and P. L. Thornbury, General Counsel of the corporation, '•both were named Vice-Presidents of the bank at a meeting of directors. payable in accordance with a schedule extending/to Dec. 31, 1960/ Under the proposals to be submitted to the general mortgage bond¬ Nationwide purchased 79% of the outstanding shares of the bank, holder.'-, sinking fund payments would commence on July 1; 1961. ana which has assets of $10 million. At the same time Nationwide run through to1 the maturity of the bonds 011 July 1, .1963, as follows: acquired 97%> of the outstanding shares of Brunson Savings and Loan >■». Series B Bonds Company, which has assets in excess of $3 million. Naticnwide's investments heretofore v/ere limited to insurance stocks. Series A Bonds (Canadian "The corporation has large holdings' - in Nationwide Life of Columbus, Due Date (U. S. Funds) Funds) Northwestern National of Minneapolis, National Casualty of Detroit Julv 1, l««lr $5,625,000 $750,0)0 and Michigan Life of Royal Oak, Mich.—V. 187, p. 1C97. Jan. 1. 1962; 7,725.0)0 1,030.000 nounced the The will the for year Goodbody is ,proposing to postpone and revise sinking fund pay¬ its 5/i% general mortgage bonds, but without altering the B. subordinated Units Company on reserved agreed Sinking Fund Bond Payments— E. are stock 2893; p. shares convertible maximum the per W. R. are: may „ 183,320 the ferred Pressprich & Co.; Baxter &1C0.; Hemphill, Noyes & Co.; Freeman & Co.; Ira Haupt & Co.; MoMaster Hutchinson «te Co.; Win. E. Pollock & Co., Inc.; and Shear-* the the fund commencing June ^00,000 years, NOTE: set in Associates which ^nking stock the coupon. cost /to company wilPibe required to retire $300,000 of debentures annually UNDERWRITERS—The box the acquired. under of notes subject to authorization of steel 1959, 21, May installment. mon $7,532,800. than Dr. redemption on Aug. 1, next, through operation of the sinking fund,' $480,000 of its 5% . debentures due Aug. 1, 1977 at 100% plus accrued interest. Payment will be made at the Morgan Guaranty Trust Co. of New York, 140 Broadway, called has company 4%% a dated agreement, be a II Initially interstate final The for also 99.338%, of Issuance and sale of 'the certificates are the three version placed with investors, The Halsey, Stuart group's winning bid of 99.40% for 4%s on July 7 fixed a net annual borrowing cost to the road of 4.825%. Salomon Bros. & Hutzler submitted a competing for company fund at 100%, plus ac¬ The issue has been The certificates are priced inclusive. ments Redemption- Tea Co.—Partial National on serial equipment,,trust certificates, maturing annually, July 30, 1960 to 1974, Sn debt obligations Stanley Caidon was principal stockholder also may be deemed to be a promoter. associates and 45,830 shs. 723,600 shs, . U,250,000 sis. par) years, and $500,000 per year until maturity. The company has the option of retiring at the sinking fund redemption price an additional amount of debentures equal to the mandatory sinking fund in each year. This privilege will not be cumulative. Debentures purchased by the com¬ pany may be surrendered for credit against any mandatory sinking July 7 offered $6,015,000 of 4%% the debentures ar,e sold, the public will have invested of the ,company a total of $1,222,500. Prior to any j; ,,^n\ ;JJa_ip,mi]l /fc. Co.. - V. 189, ■further conversion of securities held, public investors will hold 187,700 common shares or 20.5% of the total common stock for which they • Northspan Uranium ♦rill ijave paid $180,100 whereas the promoters and controlling persons Assuming Co., Inc. to or indenture provides Equipment Trust Certificates & 50,000 shs. pari (25c loan ■ quarterly installments commencing 15 months after the date exchange. Both the interim notes and the term notes will be by a mortgage on substantially all property of the company t Tlie for tration statement with convertible income 3.600,000 pre¬ equal the acquired 1 2892. p. Outstanding *$3,500,000 3.600,001 1974 to a six up of stock $12,307,992 $11,944*269 $10,081,777 7,170,440 7.163.370 7,154,233 . $1.72$1.67 $1.41 Earnings applicable to com. shaves outstanding.. Common 1, June $3,500,000 mature secured * The FINANCING PRESENT TO „„ maximum of $3,501,000 on 5Vss% interim note.! which monihs after ,the date of the initial borrowing under the loan agreement, Subject' to certain conditions, including delivery, on or b&ore Sept. 30, 1960, of a certificate of Fuller that the company's plant lias been completed substantially in accordance with the plans and specifications and is capable of operation in substantial con¬ formity with the objective for which the plant is designed, the interim notes will be exchanged for five-year $%*$> term notes payable in $14,977,299 $12,807,844 2,527,702 2,523,03) 2,004,029 income Net due' ($29 stock the banks to non-cumulative stock Under borrow $15,395,754 income Gross dels, convertible ferred 250,943 53,087 107.700 ^, . EFFECT GIVING payable subord. Common .. . notes *6'ii% 5% $14,883,.012 $12,550,901 $15,228,048 in Authorized 70,417/1(J/ 81,033,700 82,200,142 taxes shalet, the basic ingredients for cement will be situated on the limestone lands the plant will be marketed of Oklahoma, the south¬ and plant that the production of the northeastern portion portion of Missouri and the northwestern portion of Arkansas. *5"'/a% will Net the CAPITALIZATION May 31/59 Apr. 30,'59 May 31/58 $97,494,190 $30,517,318 $88,974,205 - .. (clay and anticipated eastern Increased— Illinois Gas Co.—-Earnings Northern is principally • Operating revenues Operating expenses materials manufacture, " letter of notification with the SEC coveiing 150,000 shares of common stock (par one cent ) to be offered, late in July, on an all or none basis through D. F. Bernheimer & CO;, Inc., of New York City, at $2 per share. • .? t The proceeds will be used to pay bank loans, redeem outstanding preferred stock, purchase additional equipment, build inventories and add to working capital. company Jr., Rvden J laceotis With SEC— Electric Co., Inc.—Files Hills North This will be loans that Volume 190 Number 5863 . . The Commercial and Financial Chronicle . "Will be then, outstanding, and the balance to-finance continuing-program 6f expansion for the remainder V. 1119, the company's the of Fctrolane Gas Service, yeav.r- R. 2893, p. (159) J. under Inc.—Acquisition— President, on June 29 announced that final negotia-i had been completed for the purchase of the operating assets of Wyoming Gas Service. He said that'the purchase was on a cash basis, Pacific Power & Light Co.—Registers With SEC— This SEC company covering July on filed 7 $10,996,000 of registration a convertible statement debentures effective with due 1974. The company proposes to offer the debentures for subscription by common stockholders of record Aug. 5, 1959, at the rate of $100 of debentures for eacli be 40 100% held. then principal amount. competitive Net shares common of The The offering subscription price is to is to be underwritten by bidding. proceeds of the sale of the debentures, together with cash presently on hand and to be internally generated, will be used in completing the company's construction program for 1959 and in supplying funds for starting the I960 construction program. Construc¬ tion at expenditures in $37,000,000.—V". 1959 190, and cents for i960 54. p. 1959 will approximate share based upon 2,308,000 shares outstanding which includes 142,000 shares added through conversion of debentures on April l, 1959. Second based per quarterly earnings the on will number of same approximate $1,300,000 55 or cents, shares. Uased upen 2,306,000 shares now outstanding, 1958 first half earn¬ ings amounted to 68 cents per share, with second quarterly earnings of 35 cents per share. It is anticipated that Pan American's liquid sulphur terminal at Tampa, Fla., will be in operation at the end of July, with completion of dry bulk facilities scheduled for early I960.—V. 189, 2788. p. company struction on Co., of of June .2.9 announced the selection of Detroit, Mich., as general contractor manufacturing two-story chemical a Darin for the plant at Holland, Mich. T. C, Anderson, Vice-President and Director of Production and Engineering for Parke-Davis, said construction is scheduled to begin at and once The tric completion is expected late electrical' unci next year, mechanical contracts The entire pioject part of " , awarded were Co., and Lome Heating & Plumbing Co., both of Harlan Elec¬ Detroit. The will special a the companys' $50,000,000 five-year capital the total number in use at Holland . and of PROCEEDS—'The feet, of-floor space square feet of iloor .spo.ee 189, p. 918. to 258,000.—V. Peerless Commodity Trust—This fund Boston 1) amount $10 June 26 publicly offered on shares of share, per of firm the fund because th'e at fund is market for the stock. Starting as of July 6, 1959, the net asset value of the fund shares will var/ with the changes in the market value of the. futures contracts held by the fund. new no CHANGE—This NAME fund originally was named originated to provide investors with an instrument through which they might obtain an interest in a diversified group , of com¬ modities and commodity ffutures. '■'An increase this Trust, the Trustees Will seek to provide its investors opportunity to profit from the constantly fluctuating commodity markets by buying long or selling short, as the conditions of the market might warrant, under the management of Commodity Coun¬ Through selors of Boston. Every speculation carries a market risk. Especially is this true in commodity markets. No assurance, therefore, can be made that the fund the managers POLICIES—The sole OPERATING commodities shares eliminate the high growth of capital. can attainment of the insure and commodity beneficial of be loss, nor .; of the Trust proceeds The in used of . purpose futures. will Interest risk the they can .. to deal in is sale or of sale the from purchahsc of commodity futures and for ample reserves in banks and on deposit with brokers to insure protection of the funds actually employed in the markets, and to "allow a reserve against repurchases of Shares and other contingencies.^ Under the Trust Agreement,-the Trus'tees have no authority to invest in bends or stocks, or other securitif%. Because the fund does not invest in securities, it is not subject to the commodity 1940. Investment Company Act of SALES NO Trustees benefits of the mission or OR LOAD the of desires the of -One has the stock offered ^Includes for of that means purchase NET For this reason, the Trust shares are VALUE—The shall be the price "net which at value." asset the redemptions or shall value the be of loss or CAPITALIZATION"—Tiie capitalization the Trust consists solely of unlimited authorized number of full and fractional shares of bene¬ ficial interest, of equal rights all shares having pro voting, rata in divi¬ of the the Trust or transfer of its corporation. All shares of beneficial interest dends, assets, and liquidation. Voting rights include amendment Declaration assets fully of Trust liquidation or par value, each issued fully no transferable surrender upon will certificate new and another trust to of are of subsequently of paid and non-assessable and certificate the issued be to to the are the Trust.. (A transferee.) No of this offer¬ to return funds if all shares arrangement has been made ing are not sold. ., This as an McGee The soon shares The shareholders on July 1 approved a 3-for-l common stock split. They also approved an increase and change in the authorized common from 2,000,090 shares of $10-par stock to 10,000,000 shares of stock $3 par stock. shares are Of the, 10.000,000 outstanding. „»■' thus shares created, FINANCING Outstanding 665,650,842 shs. 'ieceived. .^ exercise on shares 541,212 and connection 1798. of 3,877,059 par See Inc., Venezuelan and Co. Stock — Pacifie Acquired corporation, of its and 189, "Net shareholders William Drake. P. "While would it half of of result of the too have more sales a final should the than rather significant. to scon that the I958i a President, higher than somewhat Because as made the following six months of 1959: is appear 15% about entitled are for the first cerning results for half ahead comparision the first half, it $45 million, which is 1958. Net earnings Iftok to of the like period last year. with the first existing hlaf of the first should also in 1957 This following Immediately stock, declared a payable.Aug. previously the on of announced, meeting 15 cents holders old of stock, 40 cents paid the directors of per In same clared.—V. 1958 time the the board final declared recent review the extra 21. This compares during quarterly dividend 1S8, p. 1968. July which will an the shareholders, the share on the new $3 record dividend in December when results for evaluated. the of to 1959, equivalent to 45 cents regular quarterly dividend extra special a dividend 1. is As rights. This to PROCEEDS—The net and working the year that rate the years. payment of be better can dividend for with in year October was de¬ 6,114,441 , The Commonwealth due? 22, for proceeds will be expansion l'or used % is Inc. Jan. 1, $134,088 189, sale 1970 at Trust Pa., .will the months Inc. to prices holders—The of it and standing own of share per held Electronics of of inven¬ to of Pittsburgh, 312 Fourth Avenue, 3 p.m. (EDT) on July 14, 1959 receive 5% "first mortgage sinking fund bonds sufficient exceed to exhaust the and 100% accrued interest.—V. sum of City, sales sale of of the increased of per record to 1957 July 15, sale development and was of completion p. this of stock common sale 75 cents of The company will issued company par value , Inc.—Registers stock. the 1678. With SEC— proposes Erie, Pa., filed a. regis¬ covering 300,000 shares offer to the stock for public at Gold Mines Ltd.—Common Offered— Stock PROCEEDS—The net proceeds will be used principally to determine commercially mineable deposits such as gold, silver, lead, zinc exist on the company's property. whether and copper corporation was incorporated under Letters Patent Ontario, Canada. The company owns outright BUSINESS—The dated nine June 28,' 1945, in Revelstoke, Cablo & ended compared 813. This April with corporation on June 30 formation the announce! to produce synthetic resins in Caracas, Venezuela. named Resinas Venezclanas C. A. was formed with company firm, of prominent industrialists Venezuelan ancl will of a new The new a group manufacture its by RCI. All the equipment products under formulas and techniques developed arrangements for setting up the plant and installing have been made.—V. 190/ p. 93. 4, 1959, the company $4,806,767 in the six 1958. company 15, Sep. has 1952. paid The quarterly quarterly Rio Tinto Mining: Co* of Canada dividends en its payments in 1956 span's in the amount of 15 cens per share, which rate cents per share beginning with the payment made 20 and to 25 cents ,per share effective with the dividend On June 4, 1959 a quarterly •. dividend of 25 was declared, payable July 15, 1959 to stockholders will on p. Reichhold Chemicals, Inc.—Forms Venezuelan Unit— used principally by telephone com¬ months 189, Company 30, >1359. The additional shares of common stock notfparticipatc hi such dividend. Future dividends fulturc earnings and the financial condition ol" the will be dependent on company and production.—V. patended Debt Ltdv—Supports North- Revision Proposal-— were June offered hereby (Crown Granted) and 12 unpatented mineral claims in British Columbia, none of which have been or now is in ^ See other factors. GIVING CAPITALIZATION . Colonel . the of PRESENT FINANCING Authorized ' JLcrg-term bank loan (payable 1959-63) $300,000 Outstanding $270,000 Uranium Mines Ltd. Willard F. above.—V. 189, p. 605. Effective— Corp.—Acquisition Rockwell, Board Chairman, on July 1 announced acquisition of Air-Maze Corp. of Cleveland, Ohio, manufacturers industrial liquid and gas filters, including electronic types. The Air-Maze by EFFECT TO Northspan Rockwell-Standard 1957. share on six 29, since was cents common is engaged in the thermoplastic-covered wires, cables and cord Wire $5,894,347, March slock 15, the proceeds of the research and Quinn, Neu & Co., Inc., of New York City, on June 11 publicly offered as a speculation 290,000 shares of com¬ mon stock at par ($1 per share). Conn. ended Jan. shares 5(10,000 Raindor on company's products arc prior years paid for $4,040, to repay a $12,180 bank Joan used for installation of new units; and $12,219 for trade accounts payable. The company now has outstanding 596,000 shares of common- stock of which 428,000 shares (71.81%) are owned by officers and directors as a group. John C. Leshcr, President, aixd Joseph M. Lesher, his brother, own 120,000 shares each. is offering holders of its out¬ stock the right to subscribe for 39,268 of common at the subscription price Plastic EARNINGS—For on to use proposes Organized in 1957, the company is engaged in the business of de¬ signing, manufacturing, installing and leasing electronic building pro¬ tection systems and developing a remote control electronic traffic light control system. Of the net proceeds of this financing, it pfOposes to use $80,000 I or installation of a traffic light control system ii> Erie, conditioned upon City authorization; $100,000 for the manufacture of inventory; $60,000 for advertising, promotion and selling; and $113,000 l'or working capital, which will be used in part for the payment of accrued wages to officers and a former director in the amount of railroads, municipalities, the building trades, mines, govern¬ agencies, and by electrical equipment, radio, electronic and other manufacturers. The company's plant and oflices. are located in common of $1.50 per share. The offering is tc be made on a best efforts by John G. Cravin & Co. of New York, for which a selling com¬ mission of 25'jc per share is to be paid. In addition, the company has agreed to sell the underwriter up to 30,000 common shares at $1.50 per share at the rate of one share for each ten shares sold to the public, and to reimburse it for expenses in the amount of $12,000. panies, net company outstanding.—V. 189, sale mental ° total commercial and manufacture had company for' subcontractors, capital. Rad-O-Litc, . months Offered—A This company, located at 1202 Myrtle Street, tration statement with the SEC on July 8, 1959, additional shares, to¬ gether with other funds, will be used by the company to repay out¬ standing short term bank loans of $30^000; to finance the company's construction program for its 1958-195> fiscal year and part of its program for the 1959-1'JOO fiscal year, and for other corporate pur¬ The working present PROCEEDS—Net proceeds from the sale of the sets. 31, 1958, have been restated adjustment to Jan. 1, 1958.—V. May Corp.—Stock CAPITALIZATION—Upon record of ended retroactive equipment and the basis of one share for each five on July 3, 1959. Rights to sub¬ scribe will expire at 3:30 p.m. (E.D.T.) on July 27, 1959. Putnam & Co. is manager of a group that will under¬ write the offering. $21 months this The stock is priced at $5 per share. have company common shares shares 12 reflect organized in February, 1959. In ex¬ change for all of its then outstanding capital stock it acquired from an established California company a patent, patent applications and inventions in the electro-mechanical, electronic and photographic fields. ; amount an not additional $1.79 1958, BUSINESS—The 153. p. 3,600,000 $1.70 A 1798. p. Precou a Co. to up to 6,437,417 —3,600,000 outstanding share. 175,000 shares of c6mmon stock was offered on July 9 by Charles Plohn & Co. and Netherlands Securities Co., Pittsburgh Railways Co.—Tenders for Bonds— tenders 386,873 $38,587,581 $36,704,018 Comissioner, to Ltd. Minnesota corporation incorporated Nov. 10. 1958. The purpose of the company is the establishment and operation of so-called "bantam supermarkets."—V. 189, p. 2570. Pittsburgh 406,116 ...— revenues basis capital. BUSINESS—-Pik-Quik, 1958 $38,181,465 $36,317,145 ——..... common per 189, offering price. tories 1959 31— revenues—. shares for offer ' 189, p. 2880. energy. operating herein underwriters, 131,625 shares (par $1) at an offering price of pre-emptive and of economic conditions poor con¬ Ended May November, U. five terminated on June 3, 1959, noon. Subse¬ quent to that time, all shares not subscribed by present shareholders will be offered to public investors at the same $1.53 the company, with the approval of the Oregon discontinued the policy of providing for the increased future income taxes resulting from the current deduction of liberalized depreciation for tax purposes only, retroactively effec¬ tive to Jan, 1, 1958- For comparative purposes, net income and earn¬ ings per share for -the 12 months ended Ma? 31, 1959, and for the shareholders DIVIDENDS—The comments approximate first 50% figures split. comparison should show an increase of more than 40%. The improvement is fairly general throughout the company." directors to $9,098,132 $1.64 income. In P. $1.25 per share. These shares were offered first to pres¬ ent shareholders of the company on- a pro rata basis pursuant offering.-—V. electric Common through stock common $9,734,310 $0.37 General Electric Co.- -Earnings— electric Total 2893. p. May 27 publicly offered for its on not $2,207,268 outstanding. shares revenues—■ of Other Pik-Quik, Inc.—Common Stock Offered—This Minne¬ account 5,342,127 $9,881,382 783,250 1,353,028 an Kayser- by the Months 12 Sales sales Petroleums, 367,500 5,910,135 for sota 6,268,970 $2,441,518 $11,204,312 ■ 234,250 1,470,002 $2,649,087 $0.44 share— com. on PROCEEDS —The Kayscr-Roth Corp. above.—V. Jewett that existing certificates remain valid and should not be returned. On July 10 a stock certificate was mailed to shareholders ol record July 9 representing the additional shares per Operating reserved with diva. •- Portland : „ issuance for 1959, $3,016,587 stock underwrote plans to file a certificate subscriptions for 45,000,000 shares reserved income FINANCING: Roth Corp.— Management emphasized which $3,791,546 $17,473,282. $15,223,509 1,773,333 On May 27 the. subscription period closed oh the company's recent offering of additional shares of its common stock. Of the 1,207,338 shares offered, 1,162,999 shares, or 96% , wrere subscribed for through the exercise of the rights issued to the stockholders, 15,972 shares were subscribed for by employees of the company, and the balance, or 28,367 shares, were sold to the investment banking firms which 190, p. 93. Hosiery 369,542,842 54,289,836 $4,789,920 "Based company as in September, Industries, $4,743,930* 55,982,572 13,580,763 $3,814,327 $17,420,321 $15,252,956 Drl9,Y81 52,961 Dr29,447 *Bal. The Oil 1959—12 Mos.—1958 * 1959—3 Mos.—1958 13,852,746 taxes- Balance well, LPG 16-9, flowed 7,056 barrels of oil per day. large, comparable producing wells have now been completed in this field and deliveries of crude oil arc being made. Phillips is the operator of Lot 17 for a group of companies composed of itself, Sunray Mid-Continent Oil Co., Ashland Oil <te Refining Co., Western Natural Gas Co., El Paso Natural Gas Products Co., Kcrr—V. and 45,990 Preferred Six BUSINESS--The Corp.—Stock^Split Approved— End. Mar. 31— income Net on June 25 announced the completion of another extension to Its Lot 17 oil field in Lake Maracaibo, company large well 5 5 Interest charges PJiillips Petroleum Co.—Completes Venezuelan Well— poses. Pennsalit Chemicals at PRESENT $675,000,000 shs. payment of promotion fees to 22 persons in the company's stock prior to 1941.—V. 189, p. Venezuela. G expo, Net operating revenue Other income % net) Plastic Wire & Cable Corp.—Rights Offering to Stock¬ sales Net asset cash an EFFECT TO hereby have peen 900,000 which expires 12 revenue—electric- $18,596,670 $17,395,090 $73,402,893 "Earnings dollar's worth of the Trust's net assets. a all open commitments in commodity futures plus, all deposits in banks and with brokers, minus accrued liabilities, divided by the number of outstanding shares. profit be at dollar invested in the Peerless Commodity Trust will every ASSET made are be paid. as 12 10 >_ Edward M. Bradley & Co., Inc. Wm. H. Rybeck 6c Co 12 Opcr. authorized been . Scribncr—— 6c - "Authorized increase Deane Butcher ,& Sherrercl E. T. Andrews & Co Potomac Electric Power Co.—Earnings Higher— proceeds will be added to the company's work¬ GIVING the ' ■ Singer, 2723. p. Period pine Securities and Exchange Commission until at least 20% of the additional stock has been subscribed and at least 25%> of the amount subscribed 189, of additional of warrants: Oper. capital stock from 450,000,000 shares to 675,000,000 shares was approved by the stockholders of the company on Nov. 25. 1958. However, under the Philippine Corporation Law, a certificate of increase of capital stock cannot be filed with the Philip¬ prime fund, being sold at net asset value and will be purchased back on the same This allows virtually 100% of the proceeds from the sale of shares to be used in the trading of commodity futures. In effect, this to —V. %_•_ * ■' - 26. 12 Scliirmer, Atherton & Co. Shearson, Hamniill & Co , offer investors an opportunity to share without a dealer's distribution com¬ to redemption charge. a CHARGE REDEMPTION is mutual a . basis. $3 in Co._ Cooley & Co was the an net ^ Pliocnix ORIGIN, ANT> PURPOSE—The Trust is an open-end mutual fund organized "April 27, 1959 by an Agreement and Declaration of Trust executed under the laws of The Commonwealth of Massachusetts. in f < Putnam 2, 1959; rights to expire ... of severally, ' Gross 'CAPITALIZATION Commodity Hand. It agreed to purchase, and the company lias agreed to sell them, below named common expand Boston First the would * undetermined in June on Capital stock (par value P0.01) (P. O. Box 67, an interest price arbitrary an and there is beneficial and the acquisition BUSINESS—Philippine Oil Development Co., Inc. was incorporated under Philippine law on Sept. 14, 1935, for a term of 50 years, as Far East Oil Development Co., Inc., its present name having been adopted in 1948. It has been engaged in exploration for oil in the Philippines since 1936, except during the period of Japanese occupation. Up to this time, the company has had no income from operations and has not discovered any commercial quantities of oil or gas. Since the com¬ pany was organized, it lias expended approximately P12,400,000 on exploration and operations (excluding amounts reimbursed by others), option square business of ing capital. con¬ equipment. building will contain 80.000 new increase has generator this share for each two shares of record new one effecting such expansion program, will cost approximately $7,000,000, including struction, of close &? con¬ that underwriters the following respective percentages of such of the shares stock as shall not be subscribed for by exercise 1959. stated 1955 severally July 31, 1959. on - the 1, further Philippine Oil Development Co., Inc.—Rights Offer¬ ing to Stockholders—The company is offering to the holders oJUts outstanding capital stock the right to sub¬ scribe, at thd U. S. subscription price of 1% cents pelshare, and the Philippine* subscription price of 3 centavos, to 221,883,614 shares of its capital stock at the Parke-Bavi$ & Co.—New Chemical Plant— This Armstrong June of Pld* Stock Option have UNDERWRITERS—The Pctrolanc's operations by the addition ot three new plants in eastern Wyoming located at Lusk, Torrington and Newcastle, together with a distributor operation at Moorcroft.—V. 189, p. 2788. the $2,100,000, of as Munzer rate Sulphur Co.—Earnings Higher— earnings l'or the first half of 90 $23,500,000 /v Pan American Net at ; . or estimated are Mr. the the company's Selected Employees' Employees' Stock Purchase Plan. and Munzer, tions 11 its Corp., founded in 1925, has been closely held, owned largely who have long been identified in this business. The officers is widely knowpi as one of the leaders in its field, manufac¬ one of the most complete lines of filtration equipment in the company turing industry. . , . , nn 400.000 shs. 230,187 shs. J The interest rate is equal to %% above the "prime rate" as established from time to time by the bank. Th'e present rate is 5-%, Increased from 4'•»% effective May 19, 1959. Includes $60,000 due acquisition became effective with the close of business June 30. was completed by an exchange of stock wherein RockwellStandard gave in excess of 100,000 shares of its unissued common stock for 100% of the shares of Air-Maze previously issued and out¬ within standing.—V. "Common 'Of shares one the and stock ($5 par) —— year. company's authorized and unissued common stock 20,079 7,415 shares were reserved as of April 4, 1959 for isstie The 1959 and 189, p. 2723. (Continued on page 50) i \ The Commercial and Financial Chronicle Monday, July 13, 1959 . Engineering (Florida/ Co. t dividend Stock - . (quar.) ; Agnew-'Surpass Shoe Stores, Ltd. (quar.) Akron Brass Mfg. (quar.) — Alabama Gas Corp., common (quar.) Corp. Adaras-Millis preferred 6% Allen (quar.i— Machine Business .Allied Mills, AlFcV, Inc. Inc., Class (quar,) Common 4 8- 6 9- 1 8- 6 ■9- 1 8-17 8-10 7-21 General 8-10 7-21 8-11 7-27 tificate:: of two subsidiaries 8-11 7-27 Chestnut 8-20 7—31 .'preference Automobile Class O'/o 9- 1 9- 1 9- preferred Seech Air/raft Best & Blue Ribbon 9- 1 8-10 7-31 7-1G Hartz 7-31 7-18 Holly Hallnor $3.80 7-18 7-31 7-18 Huttig Sash & 7-31 7-18 Hydra-Power 5-15 I 5-15 7-24 1 7-31 12 'I;*. 10-10 —— : 9-20 10-10 9-20 3',; - be effective Burman 20 on stock ordinary Cauadian Dredge A: dividend 5c/o preferred Capital Plastics Central $2.75 8- 1 7-10 8- 1 7-10 Class B 8- 1 7-10 $2.40 10- 1 8-31 10- 1 8-31 8- 5 8-14 8- M common 7-31 1 3-14 1 1 8-14 Colonial Fund, $1.25 8-31 8-25 25c 9-10 7-15 1 7-15 8- 9-15 9- 8- 1 1 Melville 7-31 7-10 Fixtures 8- 1 1 10- 7 11- 7-10 $1.43373 8- 1 7-10 *10c 9- 1 9- 1 *60c 9- 1 S54c 9- 1 8- 5 *54c 9- 1 8- Mines, stock 6c 5 split to subject Glassine Union & 1 Mcycrcord Corp., Class 7-20 7-15 Miami Copper Co. 1 1 Dominion 1 7-31 7-21 7-24 7-10 8- 1 9- 1 8- 8- 1 7-20 8-15 7-23 9-30 9-11 $1 7-15 9c 8- 1 7-15 8- ___ 1 7-20" & Ltd. Stock 9- 1 1 $3 *13c A Class B 7-15 7- 7-30 5preferred 7-15 8- 7 Mutual 9- National 6-19 7-31 32',Oc 7-17 7- 7-15 6-29 8-20 lc __ $1 S- 2 National Stock Airlines 5-19 8-15 8- New 9- 8-15 7-10 1 1 Central 70c 9-25 9-14 35c ___.. 9-25... 9-14 Directors 7-29 7-15 dend $2 ... in Ltd.— / *$1.25 *10c 9- 1 8-14 7-15 6-30 from (NT Y. Gas - i— . October. ' Fire New York Merchandise Insurance < quar.) from capital 7-17 Walworth 7-17 Watson Bros. 7-20 9-10 8-31 9-25 9-11 7-23 37'i-c 8-14 7-27 8-15 8- 3 8-15 8- 3 A. - to ( 1 8- 7-15 1 7-15 split 20c 8-17 7-31 lc 7-22 7-13 lc 7-22 7-13 lc 8-21 8-10 ((monthly) (monthly) lc A B (monthly) lc (F. 7-30 9-15 50c. 6% ■ - 12VzC 19c income) 7-30 75c —15c 50% ' * —— , _ • 25c l2VaC —$5c 8- 1 8- 7-21 —— 3-10 9-11 Oullet 9-22 9-11 Over-the-Counter Company ; —, , Securities Fund, Inc. 1 7-20 8-15 7-21 7-15 6-30 9-19 8-31 . Co. : *,v paid. The list does not include divi¬ week, these being given in the Mfg., 7-13 7-31 7-12 $1.25 5c 7-22 8- 7-22 8- \_^ tl5c 4% 8-20. 8-10 7-15. 14c 28c 8- 1 8- 1 7-13 7-13. 6c 7-20 6-23 preferred preferred (quar.) —- (quar.) Inc.— from investment income) - - (initial quar.) Corp., of Co. 12*/*>c 50c Co. ■ Canada of 7-24 6-23 10- 1 9-10 10- 1 common 8-21 9-18 _..lP^c (quar.) ' 30c 93%c $1.25 Co., 9-1 8-31 8- 1 7-31 8-28 10- 1 20c 40c 8- 1 +25c $56c 5% 12'Ac 50c 25c — preferred (quar.) American 1 9-21 10- 1 9-21 8- 1 7-20 $1.25 7-31 7-21 American American 8-7 8- 7 7-16 8-12 9-15 Biltrite Rubber Co.— Common (initial) American Book 10- 9"-18 Ltd.— 1 (quar.)—! (quar.) Sugar 6-30 8- 3 7-20 (quar.) pfcl. (quar.)— Amerada Petroleum Corp. (quar.) American Aggregates, common (quar./ Amalgamated 7-15 $1.37*/2 75c (quar.) preferred 7-15 7-1' £6c (quar.) 8-1 7-15 (quar.)__ 75c c'onv. pfd. America, preferred 2nd preferred coihmon preferred 1st 4*2% 9-10 8- 1 Allison Steel Mfg. Co., Aluminum 9-10 10- 1 t$1,2.5 Akron, Canton 6c Yoimgstown RR.____ All Canadian Dividend Funds :. $3,75 1 .9-15 8-25 Common Aluminum 10- 5c Allied Stores 8-31 6-30 . 30c 55c prior New Ltd.— Holder» 7-27 (quar.) AUeghany Corp., 5 'u %• 9-30 When Payable of Rec, $0,008 (quar./_____ 7-20 7-7 3 (quar./_ preferred 9- 7-17 8- J30c 7-20 1 9-1 in previous announced : 1 7-25 22'ac $1.16 $1.19 $1 62'Ac dividends Refineries, Sugar Steel 5% (quar.) (quar.) 8- Share 9-14 $1.50 (quar.) — 7-20 75c this 8-20 12'/aC (quar.)— pfd. 1 - (quar./__< the Air Control Products-^- (quar.i 9-22 7-15 8- 30c (quar.) (Quarterly . Orange & Rockland Utilities, Inc.— 8-21 7-31 - — (quar.) (quar.) Industries 5'2% . , 7-10 (quar.)_ 9-21 * $1.25 % . •: Affiliated Fund, 7-30 D 7-23 9-30 10c of Company A Aeronca 20c preferred 7-15 8-15 8- 50c (quar.i Service Fund Acme 7-17 7-17 B 7-14 7-^8 5c (quar.) give Acme 7-16 1 4%: 5% 7-10 7-30 8- A 3 13c 1.17'Ac Envelopes announced Class 8-31 7-31 +$1 preferred 7-23 7-20/%. 6-30 Per 7-16 Northwestern Utilities, preferred 8-14 preceding table. 7-16 7-30 7-15 4.65% 7-10 7-15 1 20c W.) Co. we Common 7-31 Ltd., 4% & Public Acadia-Atlantic (initial-quar.) 4.75% , 7-31 quar.i weeks and not yet on 25c Common 7-15 8- 12'bC 2% (quar.)__ 1st preferred Aberdeen 1 Class Stores dends 1. ; Hampshire (quar. ) 7-16 5c 6-30 Northwestern Steel & Wire Co. (quar.)—__ Nunn-Bush Shoe 7--9 1 3-1 - convertible preferred Below 7-15 ' (increased) 7 1 7-31 8- cents ~ $3 Wcolworth " 7 8- 4 class A (quar. i income (initial common Wisconsin a divideclare on * " >'• 7- 8- 7-16 8-15, dividend) • • 7- 7-17 (stock investment Willson Stationers 12%c 7-15 8-15 1 • 1 8-. . 1 7-15 40c 9- 9-1 Sewing Machine Corp.— prior preferred (quar. White $1.25 " $.0666 65c *35c 4* 9-15 $1.06'A (quar. $2 7-15 $1.25 _ New 8-15 North x\merican 7-18 4 9- Westminster Paper, Ltd.— Products Company From net 1 1 1 9- 9-14 8c Western Carolina Telephone Co:... 7-30 Grove Transportation, Wellington Equity Fund— 9- 7- 3- 9-14 12c 1 7-15 7-17 $1.50 10c 25c gains/ 1 1 7-15 New 8-13 15c .62',2c plus 1 1 8-15 of 6 8-13' i Inc.— income 8- 8- *10c RR. 7- 1 9- : Fund, earned 8- 8- No-Sag Spring Co. (quar.)—Normetal Mining Ltd. (quar./ Northern 7-15 9- 3c pfd. (quar. / *$1 (s-a) Lines and (quar./_i— 8- 15c 6-30 Van * 7-17, $1.25 . (quar./ 5c • 7-24 Class from common—_ 10c ; 7-15 7-29 lOe - (quar.) Walnut 8- (stock dividend/ (initial-quar.) common 1 8- 38c : Y./ (N. 8-14. Railroad- York 7-15 8-14 ' New New . preferred (quar.)__ (monthly) income profits. Income cents (8 $1.10 $1.12'.2 $1.20 10%* (monthly) investment net 7-17 —- hope 7 v - 8-1 i30e 1 (quar.) investment but : - -• 1 again declined to declare payment, 8- _ Ltcl Fund— $25c (quar.): net (quar.i 1_„ $2 5c England Fund— (Quarterly New York 7-20 8-31 10c .... 1 2% Inc. 8-14, 7-31 $1.75 9- dividend National Theatres, 8-14 9-T* $1.25 com. 9- "National Cranberry Asso., 4% preferred (s-ai National Shoes Inc. (stock dividend)——— $ 9-1 15c 8- — (year-end) , 37*.ac 25e. (Kansas), Insurance Line Value •- effective Aug. shares • 7 (Laltimorei— Co. preferred 5% Corp.— approved a 2-for-l common 7-23 • $1 • * Aeronautical Stockholders 10% (quar./____ (quar.) Fund-Reg— 8-15 (quar. 165c securities Fire Name 7-10 1 Income 7- 12'ac 12*20 : $1.18% . payment at Niagara Share Corp. Insurance from S. 5%, 7-15 1 7-15 7-31, White pfd. 4.50 preferred (quar.)-4.80%'* preferred (quar.) Moorc-Handley Hardware Co., the Federal Grain Ltd., class A (quar.) *___ Federal National Mortgage Association— Common (monthly) Federated Corp. (Dcla./ class A (monthly i._ Class • 7 20c Anglo Investment Corp., Fairbanks Company, 6% plass B 7- 9c _ _ 6-30 7-15 *25c divitfend River 7-10 7-31 4$1.32 . Universal Pictures Co., Inc., 4*4% Co.— 4.40% 7-31 8-14 70- — United Transit Co., common 8-11 a stock, common 8-15 10c •_ preferred from U. 8-11 9- 2-for-l split of probably effective approved on July 31. Monongaliela Power Co., 20% c Easy Washing Machine Co., Ltd. (quar.) Evans Grocery (initial i : Exeter & Hampton Electric, com (quar.) 5% preferred (quar.) ; 1 Fall the 2 60c (s-a) York.. preferred (quar.) Dominion Dairies, Ltd Eastern Life 7- Stockholders 7-15 3 8-15 (1954) Continental 4 'Arf 42 — • Portland, Cement 7-15 8- - 7-21 17c 52:ic (quar.i (quar.». Canadian Shares, 7-15 $1.06 A ——. time) Missouri % 1 8- 3 5c 56'ic v Value Line Func?_.. : common on 6-30 . 8- (1952) Gas System , taken $1.10 . preferred (quar. 5c 7-10 75c Minncapolis-Moline Co.—. $5.50 1st preferred (quar.)— action 8-14 ' (quar.) $1.37'A (annual/ (quar./ 8-14 1 7-15 . (quar.).,.. United 7-21 (quar.) Piping Co. 8-14 9- $1.25 (quar.i (quar./.— Co. 8-14 9-1 34c , 50c Midwest 50c 5% (quar.) C 9- 4 1 9-1 26c (quar.) & 9-18 .9- 22'L'C (quar. 1 ' 25c of America— Finance . 5% 7-15 8- — 7-21: • _ A_ 5c common Payment omitted at this time. Oil & Gas.(Los Angelas/, cl, A (quar. 1 Class B (quar.) _■ United Artists Theatre Circuit— 7-15 7-31 $50c —— 7-31 $1.50 class of New 7-20; 50c 7-20 30c __ .' Corp. 7-10 31' ... Co. 7-24 $5 (quar.) Raynolds, B Discount 8-14 7-26 Union 5 $2.50 — $10 ______ Co. 8- 8- (quar,/— common 1 (No ordinary 1 7-20 35c preferred (quar.) Union Mfg. Co. - ■. 5 8- ,_r— (quar.)—— Metal Hose & Tubing Co 87'Ac Yard 9- 20c ftp 5 *16c — apiiro1 preferred A (quar./ this Ltd., 7% Union 5 88- *31 Ac ... preferred B (quar.) ——: Mexican Light 6c Power Co., common — $1 preferred (quar. i - Stock 8- 1 9- 10c 4% Midland & Pacific Grain Counselor's Investment Fund, Inc. Cuneo Press, Inc. Devoe 61c (quar.i United *37'Ac - — Ltd. (quar.) (increased/- Co. 8- 7'Ac . Deerfield Time 7-10 1 (year-end)- 3-1 $2 Consolidated Gold Fields of South Africa, Ltd Consolidated? Theatres Ltd., class A, (quar. ) Continental Insurance (N. Y.)— Stock dividend Denver Sweets Co. 7-10 1 — (quar.i . 7-15 7-17 3 7- 8- (quar.i:;. 1 1 Water, preferred preferred 4.20% 3 7-15 8- preferred, (quar.)— Porcupine Shoe 4^4% 6-30 9- 10c Co., 5.26': " common P.) " 88- (quar.i (J. 1 8-14 35c Drug. $5 preferred * 422)20 (quar.i.. common 37'!iC 8-31 25c Fund Record 8- 1 $1.24 — common (quar.)—, preferred (quar.) 4',i% $1 preferred (quar./-.. Decca B 7- 1 9- ' Stouffer Corp. (quar. i Suburban Propane Gas Corp.-— 7-17 7-15 $1.04 ' 7-14 7-31 7-15 $3 Sprague Engineering Corp. 1 quar.i. Springfield Gas Light (quar.) Steinbergs, Ltd., 5'i% preferred (quar.i Sterling Precision Corp., 5% pfd. A (quar.i 7-15 8- Co., preferred iquar./_■ Freight System, class A Stevens 8-31 $1.11 1 (quar. 1 Mead Corp., 9-21 87'Ac _ Canada ' 7-31 c 10c —'J~ $1.25 of . stockholders Sept. 25. 1' 80 (quar.): & St. Louis (initial-quar.)... Bakeries . 6 *10c (Arthur G./ 2-for-l 7-20 45c (2-for-l stock split) Columbia River Paper, $6 2nd pfd. (accum.) Concord Electric Co., common (quar.) G%> 7- 7 8-1.7 Holdings, Ltd., class A— A. McKce 7-20 8- Colorado Central Power Concord 7-15 7- 7-31 _ (quar. i. participating Mclntyre 7-15 1 35c - From investment income Consolidated 1 9- 9-24 _r pfd. 50c $1.25 - _ 7-31 8 7 'Ac (qu ir. 7) Co.— Inc., 4'2% 7-15 20 7-20 (quar.) preferred Siiector 1 8- 25c 8- 1 (quar. preferred Class $2.50 7-10 15c . (quar.)_.__: Co. 5.44',' 8-14 9- *203 7-15 7-31 10c (liquidating) '■iVs'fc preferred (quar.) Collins Co. (quar.)-.. 3 9- (quar./.... .. (quar. i preferred (quar.)_J_; Special Investments 6c Securities, Inc.—: Common (quar. 20c R. 5% Bottling (St. Louis >— Payment omitted at this time. New 12- 9- • 7-17 ___• pfd. (quar. > Ltd. -- 4,4.0'; 44c Coca-Cola Colgate-Palmolive 8-10 1 C 34c .' —.— 7-29 8-14 • 1st preferred Southwestern Electric Service— 355,«c (quar.) D Store 6c M. 37'Ac _ _ Mills 7- 1-2-60 20c, 8-5 9-5 $0,028 — preferred Power Co., preferred 4'4%. ' 9- $3 1 $1.05 - Chicago 7-31 8-12 8- Mfg. 4% 7-13 7-31 $1 ___ Soss 7-15 25c (quar.i1 Second preference ('quar.) 8-15 ' 08 Ac - Ry., common (s-a) 5% preferred (quar.) 7-15 _. (quar.) Loblaw Groceterias, Ltd., 7-13 25c (quar.) - __ Worsted Loblaw 8-li 5c „ Cincinnati, Ltd. preferred *$1.06 pfd. (quar. ) 4% preferred (p-a)—• City Stores Co. (quar.) ... City Title insurance Co. (N. Y.) 9-15 7-31 .1. 7-20. 30c RR Paper Southern California • preferred (initial) , ~J Cos., Ltd., class A (quar.)—_—11 7-10 5%' (quar.)___■ 9-30 5c —.___1. $1.50 first.preferred (quar.»... (quar.).... common 7-17 50c ■_ 1 *37 Ac .. Central & South West Corp. (quar./ Champion Industries, Inc. (Dela.) (optional) Chesapeake 6c Ohio Ry., common (quar.) 3*A%> preferred (quar.) Cincinnati-Inter-Terminal RR. Co.— Cleveland 0.16% preferred 8- 33o Corp., common (quar. /_... preference tquar.— Cleveland, 4.96% 31c __ 4'/» (quar.) $1.50. preference 7-10 31'Ac. Central SecuriKes $1.40 7-10 1 ~ (quar.)_ 4.20%" preferred 1 8- *$1.25 Electric & Gas Co., preferred 7-20 1 $1.50 7-29 15c Smith-Alsop Paint 6c Varnish Co...: 7-20 1 20c Mines, Industries 30c (quar.) Central Power 6c Light Co., 1 8- (quar./ (quar.) Louisiana Power &.Light, 4.16b' 4.44'i preferred (quar.)-: 8- *31 Ac « 88- A Southwestern (quar.i 4% preferred A Paper. Corp. Simplex 25c — Printing Co., $3.50 pref. Litecraft 30c (stock dividend)..— • Lincoln 6-19 8-12 100% (quav. pfd. Gold Foods, Pacific 5% Kansas City Life-.Insurance units 50%' Carpenter (L. E.) (fc.Co 8-10 6-30 — , 7-16 8-14 55c (quar.) Schenectady Sc $2.44 7-15 1 ■ Jorgensen (Earl M.) Co. (quar.) 25c Ltd. Dock, 1 7-15 - ... Canadian Utilities Ltd., 4A% 8- (quar.)... Laiiston Industries (2-for-l stock split'/— —_ preference Machine Lamson & F ine W. '90c-.class 9- $1.25 —s.:_. (quar,)__.______. LaCrosse Telephone -• & 6i" 25c Stores 10 Sidney Roofing & 7-10 —.. (quar.)...: common Kobackcr Stores preferred (quar. —— $1.24 preferred (quar.) —— $1.25 preferred (quar,)........ $1.32 preferred. (quar.■ ;—> Canadian Breweries, Ltd., common (quar.i convertible Inc., Kerr-Addison $1.20 Stock 8- 8-13 a — California Water 6c Telephone .Common (quar. i $1 'preferred (quar.)— $1.25 1 1 Sept. li on dividend Stock 9- 9- the common on a If approved the split will Ltd., Oil, Aug. S. 7 15c GOc — Jones 9-21 1 10- 95 c 7 7- 7-15 25c - on 7-15 *4c. ^ 8-31 5c 7-31 689- 1 , (increased) 7-15 20c - „7-22 • 8- 1 9:30 8-24 7-13 __—.. Jantzen, 10c 420c _ Co. 1 31'Ac common 5preferred (quar.i ?n-- . *12'Ac (quar.i: time/ (quar.i_ Tobacco J./ 3-1 9- j Sierra '.. preferred „ (R. Rose's 5, 50c ~ preferred tqtiar.»—^—-1 $1.78 convertible preferred (quar.i split basis. 2-for-l Vote will to proposal (':' , this at 8-14 7-31 — (quar.i... (quar.) 8-15 7-17 7-17 7-17 i • Rhodesian Election Trust Shares - 4:b'"c —...______ _— Door Corp. 8-15 : — 7-20 50c (quar.) (quar.i..— -8-15 84c $1.12*2 omitted payment Stores Corp. Saratoga (quar. Co. Southern Utilities Co., Iowa 7-15 8-20 8- Loan. C C Refrigerator 7-28 Shqnango Valley Water Co., 5%' (quar.) Indianapolis Water Co. (quar.). ._— Ingersoll-Rand Co., 8'? preferred (s-u 7-18 7-125 50c. Brown Company —_ Bullock's Inc. (increased) Stockholders $1,3?' _ - 7-29 8-28 25c (quar,)— 9-15 60c —— pfd. 5'<' 8-14 5% of New Hampshire— 1 8- • 7-20 *62 Ac (quar.) : (quar./.- preferred — —— preferred 5'i 7-31 t)c pfd. 1 ~ _ T: (quar.) Ltd., class A (J, F.), Stores, 7%; — Reliable ; Reynolds 81c 1 t— 8- 3 - 42',l>c (quar.) Quarterly 7-10 from 3c (quar./__ Ltd 37'Ac ;;— (increasedi Gas Mines, 15c Brockton Tauntor. Gas Co.— Common (Dallas) Harrisbtirg Telephone Co., Hvtssmann 40c dividend Stock, 7-10 7-17 1 8- $2 and 8-15 7-14 8-15 Real Estate Investment Trust Co. of America " 8-15 :10c (quar.) incomt>).._ 7- 6 ' Graphite Bearings, Inc. (quar./____ Raytheon Company, 5*&.%>. preferred (initial i — preferred A 7-15 Randall —- ..... 8- 1 (quar.)__ "preferred (quar.)— Alegre Sugar— Punt a 7-31 8-25 15c (quar.,) ' ;• 415c $2.50 ; Quarterly Distribution Shares, Inc Quemont Mining Corp., Ltd.— *$1.25 v. —; (quar. i (stock dividend/ Ltd. preferred (Common (quar.i. (initial) 5'V'i i nvestment Insurance 1 *4c (quar.i„— 5% Gulf 17.'Ac (quar.i .... ... Ltd., Corp., 7-31 Corp.— Shares— capital sources from nei/ 17 Ac ..........— ... (quar.) Company 8-28 - common BondstocI: Corp. (quar.) Borman Food Stores (quar. / Co., Industry Gas (47c- 7-31 9-14 $55c (quar.i. Corp. 28c • 6 _15c (s-a) 4.50% ;—v..., preferred Hagerslown (quar./(stock dividundj. Electronics ♦ 3.35% • Qrceley 7-31 62'Ac (quar.i (quar.i, ______ held/ voting 'Growth 7-31 ----- Banking Corp., A $1.59 Avnct 1 60c convertible preferred A convertible preferred B GVo 9- $1.08% (s-a) Aunor Gold Mines, Ltd. 1 Common 7-20 (Fifteenth & Goodyear Tire <& Rubber (quar,/ Grace National Bank (N. Y.) 7-31 9- — (quar.) ....Acceptance Corp., Ltd.— 5'AU* 7-31 27'Ac — preferred $2.50 8-14 1 9- 59c preferred (quar.) $2.38 preferred (quar.)— $2.4*3 preferred (quar.)— $4.35 preferred (quar.)— $i.io. Atlantic 9-11 5'f 7-16 30c (quar./. common ~ 7-20 7- 6 12^bc 30c (quar.) Electric, 7-31 7- 7-20 7-1 7- 7 7-31 7-31 (quar.)—_ Valley RR. Public Service Co. 7-15 —30%c. Co., common preferred President . Street, General Steel Wares, Ltd., common 5% preferred (quar. / 8-24 30c - - Service, 1 7-30 9- 6% 8-14 1 — ^ Ltd. Jewelers, Bureau Finance Precision Transformers 1 9- 9- Realty 43rd General Waterworks 50c $1.75 (quar.) Public Arizona ' 1 9- 7-25 1 8- Credit & 7-31 — . 9-24 Pioneer Realty Utilities 8-25 15c Peoria (Philadelphia) and 811 Corp. (N. Y.) at the rate of one voting trust certificate for each 100 shares of General Realty & 7-21 9-10 Peoples 7-14 7-25 *;• Utilities (liquidating/— Distribution on July 30 of voting trust cer¬ 7-21 1 8-15 8-11 7-24 9-15 f A Square; Mutual Fund— Pennsylvania Gas Co. (quar.i ■ 8- 1 class Pean 7-20 9-10 preferred— : 20C : . Co.' (quar.) Clayton 6c Anderson, Argo. Oil Corp. > . 40c • 8-1 10c 10c J./ 7-31 7-24 8- 6 7-2 20c 20c 12lie (quar.) Inc., B 82'Ac Gatible-Skognto, Inc., common (quar.)— 5% preferred (quar./ General Public Utilities Corp.-,New common (initial). 5c — 7-31 7-81 * West (quar.)-— preferred 1c/c 1. 8-20 (C. Dairies, Class iA. J.', Ltd., common (quar./ 4)2% preferred (quar./.——- — : n i.i2?/2 15c Friendly Finance, Inc., 6% pfd. iquar.i $1 Fruuhiiuf Trailer Co., 4% preferred (quar./. 3c Machinery Co...-— Standard Sanitary— Penn 8-14 8-14 3-27 8-1 7-15 75c —_ Corp. Patterson T" GOc 9- American Radiator 6c 7 7- 20c 1 8- 7- 7-15 5:25c 9-21 95c 7-15 Freiman • — 75e $1.58 — 25c (s-a/. American A (initial-quar,/ World Airways:.(quar.)—— class Papercraft ——-—- (quar.)..— 9- 334C (NY/ Stores 15c. (quar.)__. Pan — 50c (Quarterly from net income) 2 7-17 20c (s-a) Co.— Franklin — American Equitable Assurance American Laundry Motor 4%." preferred Markets, $1.50 American Business Shares, Inc.— American Furniture Giant 12'Ac .. . quar.i 10- 1 5c 10c - 1 8- Inc.— 40 c .... 11- income) investment Food 7-16 1 9- g 15c — — «increa .od-quar. t common - 1 8- 50c — (quar.) (quar.i (increased B Gro\yth FUnd (From 7-15 3 8- 2% Corp., : preferred Florida Payable, of Rec. Share Name o/ Company Adams Pall $1.75 preferred fiViV" Holders When Per 2 Firth Ford payment date. 10- 56*fiC Corp., common (quar;/__ (quar.)— Sterling. Inc., 7'. pfd. (quar.) Fitchburg Gas Electric, common (quar.) — $2.25 1 General Financial grouped in two separate tables. In the first we indicate all the dividends an¬ nounced during the current week. Then we follow with a second table in which we show the payments previ¬ ously announced, but which have not yet reached then Dividend announcements are 11- Payable of Rec.- Share Company 7VzC Holdera When Per Name of Payable of Rec. Share ' Name of Company Holders When Per DIVIDENDS < .. . (160) 12 - Co., new com. Bosch Arma Corp., preferred (quar.) Can Co. (quar.) (initial quar.) com. (quar.) 30c 37'Ac ___; 1 50c 7-15 • 6-30 7-17, 7-15 8- 1 8-15 7-10 7-24 Volume 190 Number 5863 * . . . The Commercial and Financial Chronicle (161) 13 ' Per Name American Ice Co., 6% American Distilling American Fire & preferred Co. When Payable of Rec. $1.50 40c (quar. > 7-24 7-10 - Products Home American Insurance American Machine 5% (monthlyJ Corp. (Newark, N. J.) & Foundry American-Marietta 5% preferred American 4A% Metal 6-3u Burns 7-15 1 7- 3 25% 8- 1 7- 6 8- 1 7-20 $1.12 V2 9- 1 8-21 (quar.)__ ... 30c __ 7-31 investment income™ Byers L 8- 6c 7- 3 Quarterly 20c mar. » 6?r preferred (quar.) Gobain Conn¬ American-Saint Thermos Products American Title American Viscose American Insurance 12-15 U-3C 12-15 11-30 1 7-15 Calgary 31 'Ac 9- 1 8-10 California Co. 7V2C (quar.) Wire Anchor Post Andersen Cable & Products Electric 343ac Ansul Chemical Co. AnthcsrImperial, 9- 1 8-10 4i/4% 8- > preferred "1955 $5.25 series 4',2 7/ preferred 7-10 Canada 6-25 Canada 9 8-12 Canadian Bronze 8- 1 1 7-20 — 5c 7-24 5% 7-20 8- 7-15 -7-15. 7- 7- Life '■ 1 Canacuan Drawn 60c preferred ■Canadian 7- 1 6 Canadian 6 Canadian Industries, Ltd., 6% preferred 7Va % Canadien 1 7-20 7-20 1 7-20 preferred 35c convertible 7-15 12'Ac 7- 6 7-15 7- 6 Canadian Pacific 8- 1 Canadian 8%C 8-15 8- 1 25c 7-15 6-30 ; 4%.%' preferred iquar.b™™7—™__-— & Hegeman Electric Co.—____ Water Co. (Del.■>,- 7%. pfd. (quar.) (quar.)____! 5.257* preferred (quar.)-——.—_— — Associated Electrical Industries, Ltd.— American deposit rets, (interim)___—___ Dry Goods, Common 7- 55e 9- 1 8-14 $1.31'A 9- 1 8-14 preferred CO I ' y9- 1 1 9- Nichols Stock Common 1 7- 9 8- 7- 1 1 7- 1 7- Co., from 35c 9 10-15 1 -15-60 1 8- 1 7- 5% 8- B-I-F Industries 1 7-24 45c 7-24 10c 7- (Joseph) <& Hydro-Electric Bangor Co., 15c Co. of $1.50 Iron Bensonhurst Berkshire Co. 7-24 6-25 7-20 6-25 Co., $1 7-20 7-20 $80c 8-14 6-25 7-15 30c 7-31 -t 28'/aC 7-31 $50c 9- 8- 1 7-15 7-31 5% preferred 0% preferred 7-15 8- 5c 1 Bidaeford Biltmore $1 Bloch G% Boise & 55c Saco preferred A Water com. (quar.) Tobacco, preferred dividend)-^ (stock Hats,-Ltd., Bros. $1.25 iquar. Co, 7-15 •' Mines Braniff Bristol-Myers Co., British-Columbia 810- 1 1 79- 3^7o 7- 8- 1 (quar.) (quar.); 1 7-ia 1 7-15 8- 1 7-10 _8-15 7-15 10- 1 9-10 9-15 8-17 9- 2 9-30\ 32c $1.75 $1.12,/2 $1.12Va 8-11 9-29 7-15 7-15 9-24 9-16 9-15 7- 6 7- 1 9- 4 12-24 12- 4 5c 7-27 6-30 $1.06 8- 1 7-10 8- 1 7-10 8-14 7-31 15c 7-10 7-17 7- 7-15 6-26 9 93%C 7-15 7- $35c 7-15 6-22 1 $4.24 4%% 7- 8-17 8- 6 8- 1 New 20c 8- 1 8- 7-10 7-10 — — ______ Central Credit (stock 4.64% 5-25'/c - Edison 5 7-23 10- 2 12-17 11-27 9-24 9- 4 $1.25 11-25 11- 6 7-15 6-12 8-14 7-15 1 10- 1 9-15 8-14 7-24 20c $5 7-31 7-31 8-15 7-20 45c Stock 4 1 9- 87'Ac 9- 1 8-10 50c 9- 1 8-10 Montlily 75c 7-29 7- 8- 12c 1 1 7% $2 7-23 7- 25c 8-15 8 7-24 50c _ 6-22 1 6-22 8- 1 6-22 $6c 7-15 6-30 6c 7-24 7- $1.31 Vi Fund— 5 8-14 7-30 35c 8-15 8- 1 tquar.)—— Ltd. (increased quar.) $1.37% 8-15 8- 1 $20c 8- (quar.)_ $50c 9-15 9- 1 12-15 12- 1 — (Toronto) 15c (quar.) 1 - 7-15 Consolidated Edison Co. 7-20 7- 6 Laundries Corp, — 8-25 7-15 Co. Class Stock 9-30 12-31 ■15-60 3-31 8- 1 7-13 8- 1 7-15 7-15 6-24 12c ±50c $17V2C 25c 7-15 6-30 7-15 6-2(1 7-15 6-20 1 7-10 7-31 7- 9 8- t50c 25c .25c. 25c $25c 1 7-31 7-17 8-31 8-17 9-30 9-17 7-30 7- 9-15 $31'Ac 8-17 1! 1 7- 2 7-15 6-25 7-15 6-25 8- $15c $15c $$1.75 $25c 7-31 6-30 9-30 (quar.) 7-30 7-17 10c ——__ $25c 30c $1.25 10c 30c 10-30 7-31 7- 3 7-31 7- 3 15c $10c 7-15 7- 8 7-31 7- 2 $933Ac 7-15 7- 2 9-15 8-28 8- 1 7-27 9- 1 8-14 7-15 6-15 and _______ dividend Laboratories—• (quar.)___.— Du Pont Co. of Canada, 1956 Ltd., common 7%% preferred (q-uar.)™— du Pont (E; T,> de Nemours & Co,——■— $3.50 (qviar.) ■; — preferred $4.50 preferred (quar.)—„— — Dun participating preferred Bradstreet, Inc. & (quar.)_ Dupuis Freres Ltd., class preferred 8- 1 7- 8- 1 7- 6 Duquesne 8- 1 7- 6 Duro-Tcst Corp., 51'Ac 8- 1 7- — 8- 1 7- 8 55c 8- 1 7- 6 — ; - 87%c $1'.12V2 7-25 7-10 7-25 7-10 40c 9-10 8-20 27c 8- 3 7-10 $14c $30c 8-15 7-31 8-15 7-31 (accum.) 37%c 7-15 6-24 preferred (quar.) 31 Ac 8-15 8-28 A (quar.) (quar.) 6 52'Ac fl East 7% Natural Gas, 5% $1.50 conv. pfd. Kootenay Power, Ltd.— preferred (accum.)— $»1.75 9-15 8-31 1 8-10 East St. Louis & Interurban Water Co.— — 0-3O 10-15 ■15-60 10c !— — (quar.)™—, Film DurArt 60c A 50c (quar.)—.— 7-31 2% — common 51c 47%C (N. Y.) preferred (quar./__• 9-11! 6-30 Fair-Community Drug Co.— Drug - 4.80% ,_. (quar.) (quar.)___— Paper Co., Ltd. (quar.) Dunliill International (stock dividend)^ Power— _— common preferred Chemical 7-31 1 7-30 Ltd.— —___—--— Co., Ltd., front' net investment income 5 cents from security profits) 7-10 1 8- .^____™ (5 cents 3 8- 28c $1.16 8- (quar.)__ * (quar.) Corp., i44c 4 $15c 8-14 10- Dreyfus Fund— 6-30 8-17 Coal. Ltd. (increased quar.).^ 5% preferred (quar.) —1'— Dover Industries* Ltd., common —-— 7-20 7-30$ —_— (quar.) — Textile 37%c 39c tllVaC +20c tlOc 3:44c $43c 1 $12%c Ltd., common Quarterly 6-30 7- a 9-11 Steel Ltd.— — Donnacona 6-30 3:37V2C —________ Common 7-17 7-20 1'Ac & Dominion Stores, Ltd. (quar.) Dominion Tar" & Chemical Co. 7-20 8- $1.25 (quar.) (quar.) Steel & Dominion 1 9-18 25c — 7 8- 2'Ac preference (quar.)__ Monthly 7%C & Glass, 10- 8-28 in¬ ———.™_— Foundries $1.12% Dow 1—— from 7-15 25c (quar.)— preferred (quar.)____. —_— Ducommun Metals & Supply (increased) Dominion Oilcloth & Linoleum Co., Ltd.— Quarterly —__—.-™__ Domiuguez Oil Fields (monthly) —_________ 7-21 2%% (quar.) (quar.) a 0 9-12 15c 7% 7-21 $1.25 shares preferred Dominion Dover (quar.)—— 77- Dominick Fund, Inc._ 12-18 1-1-60 $1.50 4%% 7-31 Co., com. 1 1 Mines, Dominion 7-15 — 88- Fund- Cox 2nd convertible 3 6-23 30c preferred (quar.)— ™_™—™_—-— Ltd. (quar.) Dominion Bridge, Ltd. (quar.) Dominion Dairies, Ltd., common (resumed) 5% non-cumulative preferred (quar.) 5% 11011-cumulutive preferred (quar.) 5% 11011-eumulative preferred (quar.) Dominion Fabrics, Ltd., common (rfpiar.),— 9-15 10- a 8-15 7-10 37%c $1.56 Dome 7-15 12- — Dodge Mfg. Corp. (Indiana) common 7-3 10-22 1 7-20 (quar.)— (quar.)™—— Inc. Beneficial 1 _—__—— ; Gardner Corp., common Dodge & 7 9- $1 25c 50c — 8- — (quar.) Co. 12-15 62%c Yard Tunnel Canada (quar.)_. Dillon (J. S.) & Sons Stores Co. Dividend Shares, Inc. (quarterly vestment income) 7 8-15 (reduced) preferred (s-a) Co. (quar.) (quar.)—. 1st $3.50 Union Stock Diebold, 6-30 4% Insurance Edison to 8-14 Corp.— Tramway $2.50 Ry.— $1.90 preferred (quar.)— $2 prcfrrcd (quar.)—— $2.04 preferred (quar.) $2.06 preferred iquar.) $2.03 preferred (quar.) $2.20 preferred (quar.) '5% 8- 3 Detroit 5% and 1956/ (quar.)__ Power Co. (monthly) (C. G.), Ltd., common Consolidated 3 Diamond $1.06'A Connecticut Light 9- Dominion Confederation Life Assn. Conn $2 6-24 dividend)—1— preferred 8- 3 7-15 $50c 5%% 3 & (quar.)—:———-— Engineering Inc. (quar.)_ preferred preferred 1 9- Detroit dividend)— 1947 Life (stock 7 7- 40c Denver Co.— .(series pfd 7- 7-15 7-15 37Vac 7-31 18a 8-14 7- 8-15 8-14 60c 1 I 1 Denver 8- 7-10 7-31 S-14 of cash)-—— in lieu common (s-a) 40c 9- 7-10 87 %c 7-10 7-24 7-10 6-23 8- 7-27 7-24 1 1 7- 7-10 8-14 35c 50c 7- 3 1 9- 1 1 8- 7-20 8- 8-15 7-10 $1.25 30c — 7-15 8- 7 (initial)™™— common 9- 30c 7-10 1 7-15 Steam Turbine Co.—• 25c 87>/2C 1 8- (quar.)—— 75c 7-15 8- Deming Company (quar.)— Dcnnison Mfg., class A (quar.) _—_______— 8% debenture stock (quar,) ________—__ 12-10 1 ; (quar.) — 1 . 7-10 Co.,. new common (initial) 25c Dejur-Amsco Corp.,' class A (initial)—™— 12%c Class B (initial)—— $0.00625 Delaware Power & Light Co. (quar.); 52V2C 9-10 12-21 * (quar.) preferred De Vilbiss 7-22 9-21 A De Laval 8 10c Class 8 7-31 preferred 3%% Corp., 1 $1.13 933Ac 6-25 7- 6-13 8* — 7-15 $1.18% — Conduits National Co. 1 7-31 (quar.) preferred (quar.) $1 $1.06 preferred 25% 7-31 7-15 2% — 7-20 $1 Compo Shoe Machinery Corp,, com. (quar.) Natural Gas, common (quar.) 7-10 42%c preferred Corp. 7-10 8- 8- [ • . 8-10 10c Concord 9 15c Power 6 50c 50c Davenport Water Co., 5% pfd. (quar.) Daystrom, Inc. (quar.);— Dayton Rubber Co., common (quar.)__ 37V2C 1— 8 7-15 .• -■ -■ 7-20 $1.25 ——i.. Finance Commonwealth 1 $10c iquar.) 4 6-19 $1.20 Inc.; Airways, Bridgeport Hydraulic 7- Dairies- dividend 8-10 37 %c Commonwealth International Corp. Ltd 6-17 8- 70c Ltd 4 7-20 50c — 75c 37 Vac (s-a)__ com. (stock div. Radio, Commonwealth 9-19 7-17 (s-a) Combustion 6-30 20c , (quar.) Dana $1.12% 4'% ;non-cum. 1st ,TU(eferred_ , 6-30 8-15 •,- Crystal $1.50 preferred ——— Columbia Gas Systenr Inc.. (quar.) Pictures Corn.— 7-13 9-30 87'Ac (quain) 9- 8-2H 7-31 _____—— class A 6-19 Columbia 6-17 50c — 7-13 9-15 $1.05 6-19 in¬ — (quar.) Colorado & Southern .7-10 15c from special guaranteed (quar.)_ Colorado , — 7-20 ,7-15 (initial new 5% Colorado 6-30 30c iquar.)_„ Bralorne-Pioneer 7-15 ' - $4 7-24 5% 7-10 75c • Bourjois, Inc. 7-15 7-31 iquar.)—_ $4.25 preferred 7-15 $25c (quar.) g__ Corp. (quar.) Borg-Wxarner Corp., common (quar.) 3preferred (quar.)_„ Bosiich, Inc., class A (quar.)— Boston Edijon Co., common (quar.) 4.25% preferred (quar.)—_ preferred preferred Common $10c Cascade 4.78 % -t Y.) (quar.)_——— 7-17 $1.25 — —— common (quar.) 3% (quar.)— (quar.) Inc., (N. income) 6-15 >. 7-15 25c (quar.)— Gypsum Fund, Common " Bestwall 9-30 8-21 6-15 Dallas Power & Light Co.— 9-12 7- Collins ' 7-15 50c — (quai'.) 4%c —————— Bottling Co. of Los Angeles Coleman Engineering Co.— 4 8- 1 37'Ac (quar.)_ common (quar.) Extra- '■ 4% 7-15 1 $5Uc (quor.)__ 7-27 15c . — 7-20 20c Coca-Cola 7-15 20c (extra) . 4 7-31 $6'Ac 93%c 40c (quar.) 7-20 8-14 6-30 30c Bank common $$1.75 10- 7-15 7-31 7-15 (quar.) preferred (quar.——— Electric Illuminating, com. (incr.) preferred (quai\)— "Cleveland & Pittsburgh RR.— 7%. regular guaranteed (quar.) 6-25 7-20 11%C 25C $4.50 Co.— (quar.) 6-19 6-19 9- America— Co., of Class A (quar.) Cutter Laboratories, ; 9-12 62'Ac Cleveland 6-25 $1.75 1 10c 0-25 $1.06 10- 25c ; Electric Corp. Refining, & pref. Investing Co., Colonial (quar.)"— National Gas •50c 75c , Steel Stock 7-10 7-20 $1.75 15c , Ltd. Canada of Works Oil Common 3 (quar.)— $2 pfd. (quar.) Daitch 6-19 6-30 1 6-15 6 (quar.)— Telephone Belmont 7-27 1 Mark & Co. iquar.)__—_———_ Clearfield & Mahoning Ry. (s-a) ______ Cleveland, Cincinnati, Chic. & St. Louis Ry. . 6-15 (quar.) — (quar.) Clayton 12l31 25c City - 9-30 1-•15-60 7- Baystate Corp. (quar.)_ Belknap Hardware & M'fg. Bell 10-15 $1.50 7- pi-eferred (quar.)—. : Basic Products Corp., common (quar.) 4'/2% convertible preferred A (quar.)— Batliurst Power & Paper Ltd., class A (quar.) preferred 6-30 7-14 7% 4% 7-10 7-15 7-22 Y.) (N. Canada 7-31 $1.50 8- 25c A 4%% 7 7-27 common • 7-15 8-15 7-15 50c ; preferred (quar.)— Series A preferred (quar.)___. Chicago Molded Products (quar.)— Cincinnati Gas & Electric, com. (quar.) 4%. preferred (quar.)_a._—1—— ■ 6-30 11c —__ Trust 7- 7-31 25c __ Barber-Ellis 7-15 5% 25c 4% preferred (quar.) 4%% preferred (quar.)— 7% preferred (quar.) Barber-Ellis of .Canada, Lid. (extra)———__ Bankers 7-15 55c 12 %c four held — Series — Sons————— 8-14 Co.— ,7-31 8-20 each for (quar.)_—1 7-20 . Bancroft 7-15 6%% y 3 7-21 25c $1.05 (quar.)— shares—_ —: 8-14 1 $1.25 •. (increased) 5%. pfd. Common 7-20 —_.— Co American 7- 3 Corp.— $10c Corp Markets, Common 7-31 — Transit share one Common 7-31 .__ Andes. 9-1 6-30 $75c common 6-10 7-31 — de 3 $1.12% — Banco Ltd. Cudahy Packing Co., 4",2% pfd. (quar.) Curtiss Candy, 1st preferred (quar.) Curtiss-Wrig'nt Corp.— 6-30 $15c — 7-14 _ pfd. (quar.) 6c/o preferred (quar.) 6% preferred (quar.) Baldwin Rubber (quar,)__———_—™_,—— Baltimore 6-15 $20c —_ v (quar.) / Baker Industries, Inc. (stock dividend)—— Baldwin-Lima-Hamilton (quar.) Baldwin Piano, 6% Seal, International preferred Class A Chesapeake Corp. (Va.) (quar.)— Chesapeake & Ohio Ry,, 3%% pfd. (quar.) Chesapeake & Ohio Ry. 3V2% conv. preferred (quar.)— ; Chicago, Milwaukee, St. Paul &; Pacific RR. 7-14 1 30c iquar.)—;™ 7-15 $15c — 7-14 1 8- $1.12% — & convertible preferred (initial) Cuban-American Sugar Co., 7% pfd. (quar.) Trust, Chenango & Unadilla Telephone Corp;— 4%% preferred (quar.)—— 3 8- ■ 7c .___ preferred (quar.) preferred (1947 series) (quar.) 7-15 7-31 9- 7- Corp.^— Crucible 6-30 $30c " 7-24 7-20 7-25 quar.)- 1 Zellerbach Crown 1 $10c (quar.) Manhattan Bank Chemical 7-15 Corp. (a distribu¬ security profits pips Corp.; (quar. >. , :— Ayres <L. 8.) & Co., common (quar.) 10- 7-15 $$1.50 (quar.) (quar.)_ — (quar.) conv, Chase 1-15 8- 30c dividend of 10c from investment income) 4'A% $3 10-13 30c Avco 'Waft Champlin 7-15 $25c common net A Crown Cork & Seal Co. Inc., 1 $93%c (s-a) Georgia Ry. (quar.) vestment conv. prior preferred (quar.)—.— Houghton Fund %'B" (quar. frpm in¬ income) —_™__—______— of 10-15 6-22 8-10 10c , 10c ____—25c (quar.) _______— $50c 5'A% Utility (quar.)— Champion Spark Plug (quar.) 6 7-15 Axe Science & Electronics a Class , Central Public 9 5% _______——_— Ltd. Central Hudson Gas & Inc.— vestment tion of 9 25c $1.20 Axe Central 7- 8- 93 %c (quar.)_—________——:—t & dividend Food Common 8- $1.08% —— Steels, Ltd. Austin Central 6-18 25c Atlas 9- $$1.25 fly. Instrument Cenco " 8-20 25c dividend 7-10 1 Corp., common (quar.) preferred (quar.) 1 8- $1.02% —— Sewing Centers Celotex 8- 1 $1 Cos. div. 7-15 37'Ac Quarterly Stock 1 10- preferred (quar.) Corp. of America- Stock e-2b $1.183A (quar.)————_ 4.35% preferred (quar.)—, Atlantic Refining Co., 3.75% pfd, B (quar.) Atlas''Life Insurance (Tulsa) (quar.) Atlas 4.20% 7-31 8- $4.50 (s-a). preferred 8- $18%c ____________ Caterpillar Tractor Co., 7-15 H 30c quar.) ( Cork 1 ;— $2'Ac 3 25c City Electric, common (quar.) preferred (quar.)_——__—___,—— 4.75% 4:10%- Cork Crown (qvmr.)_„_ Cassiqr Asbestos, Ltd. 5% Atlantic 47c 6- 7-16 25c .— Air Line Ry. Crown 7-17 7-10 1 Celane&e 2%% preferred (s-a Atlanta & Charlotte 9-30 1 Ltd. (quar.) Carolina Clinchfield <te Ohio Ry. Gtd. (quar.) Case <3. I.) Co., 7% pfd. iquar.) (j>2 %' 2nd preferred (quar.) 8-20 1 Oil Canadian 6-19 3- common (quar. non-cum. 1 7-15 Supply (qnar.)__— Topeka & Santa Fe Ry.— Atchison, 57c . Stationers Associated 9- 56c 60c- 43 %C Arrow-Hart Associated shares) 1 10- 7-13 Crossett Company, class A (quar.) Class B (quar.)———— 4 Crouse-Hinds Co. (quar.) 8- Ltd, com. Vickers, Artesian '..irsctlonal 7-31 6-19 7-15 1 7- 6 8- 5c (quar.)— 7-31 . 2 7-21 6-26 • 8-15 (quar.) 6-29 8- Ltd.— Co., common 7'Ac common 7-13 Ltd. (quar.) 3:'i% pfd. 7- 1 7-15 8- $1.31'A $8c Creamery Package Mfg. (quar.)_____ Crescent Petroleum (stock div.)? (One share of 5% convertible preferred for each 100 shares held. Cash will be paid in lieu of $$1.15 preferred, (quar.) ( quar.)————- preferred Equipment Corp., 7-24 f37'Ac — International: Investment Ltd., 5% 12 %c common 8-15 $$1.25 (quar.; Investment, (quar.) Arnold Altex Aluminum Co., (R. Company, (quar.)__, A General 6-30 1 Crain Crane 15c 7- 8- 6-30 6-30 >$1.50 —— (s-a) (quar.) 7- 9- 7-15 L.), 8-20 50c 7-15 $4,20 Fairbanks-Morse 1 8- 6-30 7-17 IIV2C (quar.)________—,____ $5.25 preferred series A (quar.) Corporate Investors Ltd., class A__— Corson (W. H.), Inc. (quar.) Courtaulds, Ltd.— ' • American deposit receipts (final)________ Craig Systems, Inc., (year-end)_ — Steel, Ltd. 1 $25c 7-15 1 4 4 5 20c Products (quar, (quar.) preference (quar.)— 1 $60c 6-30 9- 8- 4 50% 283;c initial-quar.) common 8- $62'Ac —_ Aro Co. Ltd., 8- 7-15 6-30 7-15 : t$1.06% Railway Co. 8- 5c 7-20 9- 17%c- America (quar.)— (subject to stockholders July 21)___— on 1 $$1.30 15c (8-m) $1.50 iquar.) $1.37 V2 Applied Arts Corp (quar.)——— Argus Cor-p., Ltd., common (quar.)——:—_ $2.40 2nd pref. A (quar.)——— 1. $2.50 pref. series B (.quar.)™ Arizona Flour Mills (quar.)—™, ________ 7-31 Ltd.— $1.12% $1.12% pfd.'. (quar.) 6-11 8-16 8- (Toronto) (quar.) $1.17% : com.' < Assurance Southern Corp- Co. (quar.)— Cornell-Dubilier Electric Corp.— 7-15 7-J.5 $1.27% : Canadian Canners. Ltd., class 1 7-15 1 4c Vac. 40c (quar.)— Corn 6-15 $1.75 Foundries, 1 20c 75c 17 (quar.)__——_ Iron 9- 621/2 C (quar.),— Power Co., 4.50% preferred (quar.) Appalachian A 7-23 25c 7-15 now Corp. of dividend Stock approval 7-15 • 8-15 $30c $35c common—i——_r Power, $3 pfd. (quar.)__ $50c Packing, Insurance 9- 10- 10% (subject to approval June 29)— Cooper-Jarrett,,, Inc. 1 $15c Class < quar.)—_— common 8-11 Controls ■'! 6-26 Canada (quar.)———z—- Ltd., 8-20 8- iquar.) 30c (initia 1) 25c Stock div. 7-15 6-30 —___ Chemical & Film Anker 6-30 8-15 7-20 of America, com. (quart¬ (quar.) :_f 6-30 7-15 $15c $56'Ac Animal Trap Co. 7-15 7-28 3 $25c Transportation .Lines (guar.)™- 37'Ac 7-31 8- (quar.)—— Motors 40c 8-17 (s-a)_.—_______—____ Inc. Life Continental $8%c 15c . Ltd. Anheuser-Busch. Continental 7-17 $1.25 3 — 7-17 1 Caliiornia Portland Cement (increasecl-quar.) 7 9- . 1 8- Campbell Red Lake Mines lauar.)^ Campbell Soup Co. <quar.)__——_ ;_ Canada Foils, Ltd., common tquar.)- 8-17 7- 9-22 $70c Anglo-Huronian, preferred California 8-17 7-28 ——!____ Anglo-Canadian Telephone, class A (quar.) 4% 7c preferred (quar.) s'# 1 8- Continental Insurance Co.-— 1 9- 1 tr 10c 7-24 1 10- 8-25 5 7-24 10- (quar.)_——_— (quar.)___—_—:—_— 7- $38c 6-30 6-30 8-20 $1.04 $1.12% $4.52 preferred (quar,— $1.13 Container Corp. of America, com. (quar.)— 25c 4% preferred (quar.)—$1 $4.16 preferred $4.50 preferred 7-31 3 7-15 7-15 60c 8- (quar.)_—_——— preferred iquar.) 6%j, preferred (quar.) 25c common <quar.;__ Paper Mills— Anglo-Canadian Pulp & $2.00 preferred (quar.) 9- 37 V2C — _____—._ 6-30 37^0 (quar.) 6- 7-15 (quar.)_ common 6-13 7-15 7-15 15c 17V2C — 7-14 . preferred 25c Co.™ (quar. Cprp., California 8-3 1 class A Co., Co., Power 7-15 8-15 440c $1.75 $4.70 9- Water preferred (quar.) conv. Holders, Payable of Rec. +40c 52%c (quar.; 15c Fund 5.10% ;i>rcferrcd 8-15 . Ltd. Corp. 60c (quar.)_„ Electric 7-10 1 8-15 6% Consumers America- of — Interstate Telephone (quar.)— Oregon Power, common (quar.) 7-15 7-23 6-26 31c Ltd., Power, 7% 8- 7- 9 7-20 common-—; preferred 7-17 15e 7-29 25c (quar.)^._ 7-10 50c •• 'Co., 1 8- 6 6 (quar.)______ Co. (quar.) 7-31 35c (increuscd-quar.)__ Anaconda 1st California $1.75 7- (quar.)z—Z___— Caldwell Linen Mills, Ltd.— - 8- 1 Consolidated 1 7- Cement SI.50 Works, common tquar.)___ 5%%:- preferred (quar.)—:™_™.__;—,'J^Ls, 6%% preferred' '"i quar.) -—A™™- Corp. Calaveras ' 7-15 ._. 7-15 8- 7-16 115c Assurance M.) Gahfomia (qnar.)__. Consolidated Royalties, Inc.— Participating preferred (quar.)— 7-13 ! • 1 — 6-26 25c „Z_—__ Industries P 8- Water & M 37 V2C __. 6-26 Paper 37 %c (A. 65c % s'# prior preferred (quar.)___.— American Smelting & Refining— 7% 1st preferred (quar. American 3c lc (quar.)_i. com. 7-15 "7-15 25c Inc.— (quar.) Co. preferred Extra ________ Gas, C 6-16 7-15 Consolidated 8 National Insurance Co. (Galveston) Insurance 6-26 Continental 7-17 Mfg. 7 % National Men's 7- fG $1 : Co. Ltd. Co., Semi-annual Butler American Natural & Business American American Brewing Burroughs Corp.0 (quar.) Burry Biscuit Corp.-— $1.25 convertible preferred Fund— Fire — Burgess Vibrocrafters, 1 7-15 15c preferred' (quar.) preferred (quar.)_ : Bullock's, Inc., 47o preferred (quar.) 6-30 6-15 8- & Smelting Co. of Canada, Ltd. (s-a>—_____— Consolidated Natural Gas (quar.)___^__«z_™ 15c convertible 8-10 7-15 55c — (quar.) When Per Share Mining 10c (quar.) common t ( Name of Company Consolidated $26c Co. 1 8- 25c ______ Gas Plan, Holders Payable of Reo. Ltd.— (1959) 6% Co.— preferred Urtion When Share preferred (quar.) ^ Finance 60c 7-14 Inc;— (quar.) Mutual net 4.16% Budget Canada 7-15 9 7 VaC (quar.)___ __________ __ Bond Burger ;__™_™___ common Climax Monorail 1 9- $1.25 __ $1.20 convertible From 11-30 8- 32 %c (quar.) iquar.) preferred American 12-15 30c $1.25 Co., dividend American 8-31 r Co.— (quar.) preferred iquar.)_ Stock 7-14 9-15 Brooke Brooklyn _ preferred 3.9G% "7-24 25c 25c American Per ^Name of Company' Casualty Co. ( Orlando, Fla.) 1 Quarterly™ •/ Holders Share of Company ' $1.25 30c CO 1 9- rt 7-10 1 8-14 67" East preferred (quar.)_„ Pennsylvania RR. (s-a)_ — $1.50 $1.50 9- 7-21 7- 1 '/ 14 The Commercial and Financial Chronicle (162) Per Name of Company Eastern 4# preferred participating Eastern Industries A (accum.)—.— $6 preferred B (accum.i Mfg. (initial) Economics Laboratory Inc. Stock dividend-,-.,™-, Sault Electric $1.75 8- 1 quar.) 7-15 7- 7-15 7- 3 22(4c 7-15 7- 8- 7-15 50c 25c dividend)-—. 50 # *. 7-15 7-31 7- 6-15 1 & Traders Life 8-14 9- 1 8-14 Green 10- 1 9-18 7-31 7-15 dividend tlriesedieck Co., 5# 1(4 # 60c 7-30 Quarterly , Corp. Federal Co. Extra 6-30 6-30 4.60# preferred Class B 7-30 7-20 7-30 7-30 7-20 12 (4 c 7-15 7- 12 (4 c 7-15 7-1 25c 7-31 15c ■—- Insurance New 5.30# Insurance $2.25 iNova & Fluor 7-15 7-15 8-31 8- :1 7- G 7- 2 45c 7-15 6-29 C5c 7-20 7- Bank « I. HI Y.) }f - ...... (quar-.) 11 6-23 7-16 6-23 75C 8- 1 7- 3 7-24 7- 8 7-31 7-15 -T-- — ™_~. Machine— 12 (4c 8- 1 7-10 ;—— 12(4c 8- 1 7-10 Entire I at $0.2156 „—— a com. (quar.) (quar.) conv. 7-15 7- 1 ___ 7-31 7-15 12-31 12-15 common 7-10 7-10 7-27 G-30 8-15 8- 1 11-16 11- a 7-31 7-17 7-15 77- 1 8- 1 7-15 7- 6 25c 7-15 7- 6 27yac 7-15 7- 6 28 %c 7-15 7- 6 $.041 7-31 G-19 37 (4 7-15 6-30 15c \ or 1 1 9- 4# 20c 7-15 50c 9-1 j 7-15 ■: 8-11 8-3 7-31 6-30 7-14 6-30 15c (quar.) 8- 7-15 Quarterly $2 10- 9-17 Hughes-Owens 7-15 1 1 XV/2C / — 7-29 50c . 8-10 7- A and c a- 1 7- 6 8- 1 7- Hunt CO 32 (4 c 8-15 7-24 32 VaC 8-15 8-15 7-24 33c __________ 8-15 7-24 25c •; $1.25 ' 1 8-14 9- 1 8-14 $1.09:!b 9- 1 8-14 preferred Brick Co., preferred 11-15 10-23 4.20# 4.26# preferred 50c 8-1 7-15 4.427o 8-1 7-15 preferred preferred •9- 1 8-15 9- 1 8-15 9- 1 8-15 8- 1. 7-10 $1.25 8- 1 7-20 $1.27(4 8- 1 7-20 $1.50 8- 37 (4 C 4.70# preferred *45c 6 ('4# • — C 15c - 7-31 1 7-20 7-17 7-31 7-17 Indianapolis 7-10 Industria 7-25 7-10 25c American 8-14 8-14 c- 8-14 50e 3- 25c 7- 7-31 1 1 7- 7-31 7-10 9-11 8-18 9-11 8-18 9-30 9-18 ■ 8- 1 7-17 9- 1 8-21 8- 1 7-20 7-15 6-30 7-15 6-30 7-15 6-30 7-15 6-30 8- 1 7-15 600 8- 1 6-20 8- 1 6-20 1-2-60 12-15 8-20 8- 1 7-15 8- 1 7-15 .. — 9-14 8-14 *20c 7-15 G-15 6-30 5c 7-15 5c E-15 5c 9-15 15c 8-26 7-15 6-15 7-15 7- 7-15 6-30 -lo 6-30 .7-15 6-30 7-15 6-30 20e 9-11 8-27 3c 7-20 6-30 25C 9-15 9- $1.07 (quar.)————— 4.32# preferred <quar.)—_ 5# pu-eferred B (quar.)__ : Lambert (Alfred) (quar.)— :— Quarterly — —-—x_— Lake of the Woods Milling, Ltd.— , 7# preferred (quar. )„ Langendorf United Bakeries, Inc.— Common (guar.)—,——• $1.80 preferred iquar.) — Lanston Industries (quar.)—' Gas Co., common dividend Stock Secord Laura —— —— — Class A (quar.) —;———— 1 7-31 1 9-15 1 7-15 11-1 10-15 $1.75 13 %C 8- 1 7-18 22 (4c 10- 1 9-15 9-15 27c 9-30 31 (4 c 9-30 17 (4 c 9-30 9-16 17 y2c 12-31 12-16 3 6-30 7-15 45c 7-15 6-30 15c 8-10 7-27 8-17 8- 5- 25c 1 9-15 $1.25 12-30 12-15 vH 7-17 CO t 8- 3- 1 7-15 1 7-15 7-15 •8- ?- 1 1 7-17 7-10 7-10 —. 3.85# 3 8-17 58 %c *31J.4c 8- 7-10 7-31 7-15 *37)20^ 9- 1 8-19 10- 1 9-13 50c 6-29 6-23 lie 7-15 6-18 31 (4 c (quar.)_ — (quar.) 8- 1 7-15 37 (4c 37)i>c 8- 1 7-15 3 7 (4 c 7-15 4.,,4# preferred (guar.) — 24C — 11-16 Quarterly-x 7-15- *30c 7-13 7-15 Inland Natural $25c 7-15 6-30 7-25 7-10 7-25 7-10 75c 9- 1 (quar.)_ 3 7-15 7- 1 1 7-20 9-15 8-14 8- 7-31 G-30 7-22 *15c 6-36 6-1 7-10 50c 11- 1 10-10 $4 7- 6 6-29 60c 9-1 8- *40c 7-15 6-17 *$1 C-30 25c e- 1 9- 1 50c — —— — 4 Loblaw Groceterias Co., Ltd.— series B (quar.)—_ Loew's * (Marcus) Theatres/Ltd. (quar.)_x„ Local Finance "Corp. (R. I.) com. (quar.) — 1st preference Class A cqnar.)—— Preferred' (quar.) Locke Steel'Chain 10c — —x-_—— (stock dividend)-—— — Loft Candy Co. is,-a)— — Long Island Lighting (increased-quar.)__— Longines-Wittnauer Watch Co. (increased) Loomis-Sayles Mutual Fund 5# preferred (quar.) Louisville, Henderson & St. Louis Ry.— 5# non-cumulative preferred (s-a)—_— Lower St. LaXvrence Power 4V2# Gas Co. 4# (R, H.) & preferred 8-17 ~ 8-17 10# 7-20 6-29 10c 7-15 7- -8- 3214 c 15c 33c. 1 7-15 , 7-15' 1 7-10 -7- 1 7- 1 9-19 10- 1 $1.75 €- 1 7-23 $1.75 11- 62 (4c 1 10-23 32 (4C 7-15 6-30 31 (4c 7-15 6-30 $2.50 £-15 ' 8- 8- 7-17 *22(4C 414# 1 7-15 6-15 35c 9-10 8-31 25c 7-25 7-lT 6- 1 7- 8 2- 1 7- 8 — pfd. A (quar.) $1.06(4 $1 «quar.)_ (Continued 1 *25c (quar.) Co., B 7-15 Co.—• (quar.) preferred s-1 11 ym ~ 6-10 - ' — Coal & Dock Co., 5# pfd. "(quar.) — Lord Baltimore Hotel— 7% non-cumulative 2nd preferred (quar.) 7# non-cumulative 2nd preferred (quar.) Louisville Gas "& Electric, com. (quar.)- Macy (quar.) 6- 7-15 2 y2# 6-30 (quar.) 7-10 31 (4c 30c 3 7-30 Inland Cement. Ltd., 6# partic. pfd. (initial) 7-15 7-10 7-25 (s-a)——— Square Building Co. Link-Belt' Dc. (quar.). 8- *15c 7-15 7-31 7-25 1# V (quar.)——— Lynchburg 1 6-15 15C (quar.) Co.- 2 8- 7-15 10-15 V 30c 96(4c Liberty Fabrics of Common «(stock 11- ■ 7-15 $1.12(4 x— Lcwney (Walter M), Ltd. (quar.) Lunkenh'eimer Co. (quar.) ■ 10-31 8c 40c 1 71 A.— 7-31 *15c Stores Lerner Lorain —. *15c & Sons— preferred (quar.)-——.1—— Corp., common (quar.)_ New York— dividend) ——— — Lincoln National Life Insurance Co. (quar.) 9-30 8- pfd. 8- 1 30c (JameS) Salt 8- — 5# 9-15 31 (4 c —-——- Bros., -Ltd. 55 )4c Ltd., 5- *$1.75 —4—^—— , preferred A (quar.) conv. preferred B (quar.)— 5# 5# Lees dividend Lewis 53 ¥4 C. Gas, 7-15 8- —- Leslie 56 %c 1 1 9- (quar.) Fund; Inc. (from net inves. income) Lee Rubber <fc Tire (quar.)_ Leeds & Northrup, common (quar.) 8-17 7-15 8- 7^15 8- 19- A- 8-31 7-20 }j!c 1 $1.75 Lazard 8-17 7- 57 8- $1.50 Candy Shops (quar.)——— 8-31 (quarv)__ prcf. 2 7C 100# 8-31 7-10 60c . 2214 C (quar. common 9-15 8- Ltd., 1 7c 8-31 52)aC —— Co. 4 50c 6-15 1 Bell, 4 8-11 50c —— 9-15" 1 & 3 8- 9- 20c ——— 7-15 8- Ingram 7- v 4Gc — 60c 8- Ingersoll-Rand 5 7-20 7-15 8- 10c ——— Corp. Company, Stock 7-24 8 8- 1 31 lie (liionthly) B Class (quar.) —; (quar.)_————— com. 9-15 8714c 30c ——— —-- realized profits) Year-end Laclede 7-10 S. 1 10- 1 7-10 7-10 Light, 6-30 :V 7-15 8- Mexico 7-15 50c 87 '4c 1 7-15 25c — 8-14 9- $1.18% 8- 12 (4C - 8-14 c_ 1st preferred (quar.)————4_ 7# 2nd preferred (quar._ 7# 2nd preferred (quar.—-—Kuhlman Electric Co., 5)4# pfd. A iquar.)— 35c shares— 9- 6# 8-1 de 6 8-25 8 $1.05 Kroger 51c Power •& Electrica 9- 9- 7-15 37)aC —- — 7- 7-15 . 95c 6-30 common (quar.)——— (quar.)—— x Mills, $1.25 pfd. (quar.) 7-15 • $1.12(4 6-30 57)2C Incorporated Income Fund (Mass.) 7-25 45c (I..13.) Rubber Co. (quar.)_——_ Knickerbocker Growth Funcf.._.„_ _ .i-..; _ _. Knudsen Creamery Co. (quar.)— Kratter Corp., class A (monthly) • $1.50 preferred 7-17 10-19" 7-29 714 c 1 J50c Head 8-17 1 11-, 2 50c 8-1 $1.25 — 8- 93 %c ■ Kleinert 7-15 7-31 (quar.) Lincoln (quar.) 7-10 1 8-31 93 %c I 8 7- C- 30c —— 8- 30c 25c Imperial Sugar .Co.. (quar.) Indian —— 31 Vac $1 ► 7-15 $1 12)4c (quar.) Imperial-Flo-Glaze Paints, Ltd. (quar.)_— imperial Life Assurance Co. of Canada- 45c — 8-31 7-31 15C ^ (quar.) preferred $1.12(4 : 9-25 Imperial Investment Corp.— 87 (4 c (quar.) Glasco Corp. (initial) Glatfelter (P. H.) new com. (initial) 4%# preferred (quar.) 4%# King-Seeley 1214c Co. ..(quar.) Power 4.08# C - Illinois 10-23 55c Co. net 5 Ltd. Quarterly — 5 $1 (quar.)— Illinois 10-23 10-23 15 $1.30 (quar.) 9- 12- $1.60 11-15 64 (4 c (quar.) 9-15 10c (quar.)— Circuit Breaker-^- 1 7-15 Lower-Priced Com. Stock Fund (7c from investment inc. special distribution of $1 from 12-15 ■ — series B pfd..(qiiar.)__— 4.60# 7-15 8- "S-4" a 45c $1.25 series A pfxl. 1 Laurentide Acceptance Corp. Ltd.— (qpar.) 5# 6-24 8- 140c 25c (quar.)— 7-17 7-17 $1.50 $1.25 preferred 8-10 7-31 —_____— Co. & "Series +40c com. 7-15 9- Class A (Initial) ———— Keystone Low-Priced Bond Fund "Series B-3" (from net invest, income) plus $1.10 —/ preferred I-T-E 4-1 Keystone 7-15 1 8- 1 7- 7-15 • $1 Hydraulic Press Brick. Co. (quar.)—— Hygrade Food Products Corp.— - - 7-30 9- tlOc & 11-15 Southwest— — Foods 11 62 (4c (quar.) 8-14 10c 87'/4c 30c ——-— ——— 32(4o 62 (4 ; (quar.)_ (ciuar.) _ 33c : — ——__ preference series A (quar.) Brothers Inc., com. (quar.) • 8- 15c Keystone Custodian Funds- 93%c — 32 (4 c — — General Waterworks Corp., 5# pfd. 5.10# preferred (quar.)— 6# preferred preferred 7-29 1 8- 7-24 25c ™;_ (quar.) (qUar.) & Kctchuin 50c A————_ 4# (quar.) Gladding McBean 7-10 *75c class 5% 6-30 1 8- Kentucky-^- preferred G 7-15 22 (4C _______ (quar.), common Ltd., 5% preferred preferred Co. 7-15 $1.09 — 1 45c Co., 7-21 7-13 8- (quar.)— 8- $1.25 — ... Industries, 5# preferred (quar.) Hut-tig Sash & Dopr—. B California—, Co. of the Smelting 8- S- 20c (quar.) %c $.006)40 & ; prof, (quar.) Production (quar.) Hugoton Extra for'each (quar.)_. (quar.) General Telephone Co. of Indiana^— Mining B 6.40# 7-10 non-cum. $1.30 preferred B preferred preferred Class 8 7-10 1 93% Monthly Monthly $1.12(4 (quar.)—_1__ Bay $1.25 (quar.)™ $2.00 preferred (quar.)... $2.50 prelerred (quar.) General Telephone Co. of Class B Hudson 8- 75c (quar.) Telephone 6 preferred (quar.)————_ 75c (quar.) 5.16# 7- 6 $2 ——— 7-10 Houston 10c $1.00 General 1 ■7- 56 (4 c (Joseph) $1 a 10-19 45c (quar.)— 1 20c preferred (quar.) Lighting & Power Co.-— $4 preferred (quar.)—* ; Hotel Syracuse Inc. (N. Y.) com, (quar.) 4# preferred (quar.) — Hubshman Factors, class A (quar.)— 10-19 11- $1.05 Inc., common (quar.) $1.25 conv. preferred (quar.) Kerr Income Fund (monthly)— 20c —— 11- 25c preferred (quar.)—_— 8- •'"% 2# iquar.) (quar.) Co. (quar.) Household Finance Corp., common ( 3%# preferred (quar.)——.—— 8-14 7-31 ____ 4(4# preferred (auar.)_ .__i General Telephone Co. of Florida— $1.30 preferred (quar.) $1.30 preferred B (quar.)—— preferred 7- 7-25 30c 5#>. .preferred Horne 7-20 8- 37)4c (annual)-.- Ltd. 5c (quar.) '1-20 8- 37 V2C X15c preferred (quar.) Horn & Hardavt (N. Y.) com. 7-22 20c class B held)-——. preferred (quar.) $1.30 preferred (quar.) 7-31 20c Insurance 7-31 "8-12 *8c Kennedy's — 4)2# 9-15 40c Kellogg Co ^- 3)4% preferred (quar.) 3)4# preferred (quar.)—— Kenn'ametal, Inc. (increased)—- Class — 10-15 - 45C fractional shares) 7-22 8- 5C 12 (4 c — General Telephone Co. of Genesco. Inc., 25C Electronics— Co.. 9-15 +75c preferred (quar.) ———_ preferred (quar.)—.— —4a-,— 4)4# preferred (quar.) 4.20# preferred (quar.)————— 4.35#' preferred (quar.)__^ — Kansas City'Southcrn Ry. 4# non-cum. preferred (quar.) 6 — Hoover Company, class A common Class B common iquar.).— 1 7-15 75c Corp. A prelerred 7- Co. (N. Y.) (quar.)_T_— Bearing Co. (quar.)___. 2..—; Stock dividend (payable in cash in lieu of of 7-24 5# . (quar.) Ibneral Products Mfg., Ltd., class (Stock dividend) (Two shares of redeemable pfd. stock (25c par) preferred 7-15 —: 6-15 10-15 3.80# 21V4C • 6-15 7-15 *60c 4% 6 Hoover Ball & 7-24 12 (4 c _____ Ltd. G 7-15 & Renfrew & Home 10c — 7- 1 7- Iiolyoke Water Power (quar.) 10c — Inc. share of class 7-15 13 _7-24_ +75c Paper Co,_ —_——•—— < it, Co. _————— Kansas City Power & Light 7-15 —. 1 2c (quar.)__— Bakeries, Kalamazoo 30c New common (increased-quar.) Holly Sugar Corp., common (quar.)_—_____ 5# convertible preferred (quar.)— 6-26 7- 8c (quar;)_ ^5 preferred $3.50 7-10 7-17 _ — Kaltman " (D.) c 1 7-10 7-10 17(4C ——: 7-15 13 %c Manufat-turing Co. 7-10 1 Daucli Hoffman *30c (quar.)—_ (quar.) (quar.) (quar.) ^"meral Motors Corp., $3.75. pfd. $4.50 7-20 7-15 3# , General Mills, Gimble 8-19 3# . pfd. 3%# Joy 25c 4.40% 5# 1 8- f>- 8-14 — prdforrcd preferred 8- 56 (4 c (quar.)— pfd. Worts, Ltd.—Hirsch (P. H.) & Co. (initial)- 9-2 c & liam 2 $3 General Dynamics $2.20 7- 9c income) (quar.) General Baking Co., 5.20# 8-10 — Co. _i;— Paper Co. of Canada, Ltd. Quarterly ——#—1 Hiram Walker sec Walker (Hiram) Gooder- Holt (from earned Common (resumed) 6# conv. preferred 5# 8-24 *12 (4 Company (quar.) __________; Gardner-Denver Co., common (quar.) 4# preferred (quar.) General American Industries— $1.32 1 20c — (quar.)——— Con/pany, $1.32 9- 25C Gamewell $1 8-24 $2.75 ——■— Frase.r Cos., Ltd. (quar.)___ Friedman Realty Co. (quar.) Quarterly Frito Company (quar.»___. Frontier Refining (stock dividend.) Extra __j I Fuller Brush Cp., class A Gene/al 1 2 % Co — ' 9- RR.-/- Co., Preferred Common . 35c Canada/ Ltd. Common stk.' series $8 1 35c — Franklin Electric (stock/dividend)— Stock dividend Fraser Brick & Tile Gabriel 8- Hlnde (quar.) 8- n 8-1 — issue Aug. on Corp. (quar.)—— Franklin Custodian Funds E.) 75c 56 V* C 8-10 25c 30c *60c _ _ nnvn Jersey, Central - Power & Light— 4# preferred (quar.) Jewel Tea, common (quar.)——— 7-27 ——— preferred. Ltd., 4(4#.' pref./( s-a)™. of 1 8-24 — 7-16 $1 93 %C " ■■ 1 7- - Lithographing Co.— G# conv. preferred (quar.)——————— Haydock Fund, Inc.. (quar.) Hayes Industries, Inc. (quar.)--———— Hemenway Furniture, common (quar.)—— SFe# convertible .preferred (quar.)——_ Heppenstail Co., 4V'a# pf<l. (quar.) —_ Ilercuies Powder Co,. 5# preferred (quar,)— Heyden-Newport Chemical, com. (quar.)—— 3 '/a# preferred (quar.)——_ $4.37)2 preferred (quar.)—— —— Higbee Company (quar.) Higbie Mfg. Co. (quar.)——— Hilo Electric Light Co., common. : 2 $1 -TIT.*. 7- Havana 30c II--I 7-31 7-31 In¬ 7-16 Fram (R. & 20c (quar.)——— T «, iquar.) 62c 56 (4c I.I 6-19 _____—„__u Jantzen of Canada 7- - 7- 6 ■■ 9-10 50c ———— 7-15 i i.f Inc— 50c u. 1 common— 7-15 Heintz, Inc. (qttar.)_— Jack 9-18 — _— 8- (quar.) (San Francisco) 9-25 6 9-30 5# ' 7- 7-20 - 7-31* 7 (4c (quar.)———.—-——— AA — 4%# - Co. 6-30 '25c 7-15 1 25c 50c •-—- common (quar.)— A (quar.) of America, Electric 6-15 7-15 " 25c Inc. Istel Fund, $1.50 —— 7-10 • Ironrite, 3%# Inspection Bqiler (qua,r.) Co. Corp. 11-28 Co.— 7-31 (quar.) (s-a)—./— Glass Class 4(2# preferred iquar.) 4.96# preferred (quar.) surance 12-28 3c . Refractories 50C $1.37y2 preferred Funsten (quar.) preferred (quar.)— Ilart, Schafiner & Marx (quar.)-, Hartford Electric Light, com. (quar.) 6-29 9-15 Mfg. 6# G-30 7-10 3c 6-30 redemption Extra 8 7-15 $1 — Jarell-Ash *Cd., Harttord. Steam shiye plus this dividend— Foster-Forbes Foundation Co. 1 1 7-15 —— 7-15 Wayne & Jackson 5(4# 1 8- 60c preferred B iquar.) 4V2# preferred C (quar.) 5# preferred D (quar.) ———_— 5# preferred E (quar.)— 5Vz# preferred F (quar.) 5%# preferred G iquar.) Hawker Siddeley Group, Ltd.™ Amer. dep. rets, .(interim)" y———— non-voting Ford Motor, Harbison-Walker fl-gl 25c (initial)—__ B Hamilton 7- 9- 50c Forbes & "WallaceClass B voting Class 7-15 7-15 7-10 8- — — 8- 50c preferred (quar.) Extrva #——4:— .; ' Investors Trusl'Co. of Rhode Island —— Iowa-Illinois Gas & Electric, com. (quar.)— $4.22 preferred'(quar.) — $4.36 preferred (quar.) _____—— iron Fireman Manufacturing Co. (quar.).— Inc.— II-C7 6-30 convertible per Series 7-15 Foote Bros. Gear & Class A (initial) $15.60 9-15 * (N. (cmar.)_:— Corp., Ltd. for 1 28 %c - Machinery & Chemical— 3%# preferred (quar.) B 10- $1.25 Co. Extra 2 9- 7-21 (25c Cementing Co.quar.) ;———— "city" called Hamilton Funds, Series JI-DA 20c Food 5%% 9-15 Hawaiian p**- Class Well Haniburton 1 Hat Rubber 11-20 9-17 60c 6-30 Qorp., National Oil 7-13 10- 25C ————.——— Boston 12-14 25c 6-30 0/ltiSH 8-21 (quar.)— 6-30 Insurance 7-15 (quar.)-—-, 7-15 Quarterly Firestone Tire preferred 7-15 Corp. H G6V4C — 7-15 Acceptance Fund 7-28 $2.40 15C (Maryland) — quar.)—, 6-30 $1.25 - (extra) Scotia) 25c preferred series Arts Fireman's 8-31 8-11 preferred (quar.)^ : Investors" Mutual of Cariada, Ltd.— investors Trust Co. of Rhode Island-— $2.50 preferred (quar.)_ _l__ G-30 7-15 20c (quar.)—.-— prelerred Halifax 7-16 6-25 9-10 6# 7-23 9-14 (increased quar.)__™ Common . -■-«—_ *<quar.) Common 7-17 $1.25 —^ $1.25 Corp., 1 l m preferredc(quar.)——— 6# 9 7-15 CO 7-15 50c $2.50 (quar.) General 7-10 10- 8-27 12(4 c Ltd. A s-a)-- 20c (initial common — — Fidelity & Deposit Financial (quar.) 6-2.5 1 (quar.) Corp. Department Stores (quar.) >t A in Investment Foundation, Ltd., com. (quar.) *75c (Dallas) - : 1 8- International Utilities — 1 $1.50 $3 (quarl)-- Mines $3 — —~— preferred (quar.) Federated Department Stores 8- 11- 9-15 7-15 *37)40 partic. preferred (quar.)——— • International Business Machines (quaj,)„ .International Harvester Co., common (quar.) International'Milling C04 4# pfd. iquar.) — International Telephone & Telegraph Corp.— Interstate llagar: Chemicals & Controls- 1 (Syra¬ — *5(4# 1 1 5# <qimr.)„___— 30c (quar.)—————.—- B 912- 37 (4c conv. (quar.) A 9-10 1# ——- 10- .1 tl5c 6-19 12^10 1# (stock .dividend) Insurance Co. preferred preferred Gunnar 9-30 25c (quar.)- 7-15 7-20 62(40 — (quar.)—— common G-22 • , Life $5 $5 5c Federal Services Finance Corp. (Washington, D. C.)— Class A common (quar,)— 5#, preferred 5# preferred 7-15 Gulf, Mobile & Ohio Hit.— 35c National Mortgage Assn. (monthly) Paper Board, common (quar.)- Federal 56 (4 c pfd. (quar.) Greyhound Corp. 4(stock dividend)Guarantee Co. of North America (quar.) Gulf 7-31 7-31 - (quar.# (s-a)—..—: Federal Insurance 8-25 11-25 — L.7 Co. (H. Stock 7-16 55c —-——-—- 9 9-15 12-15 7-15 31)'4C ; — s1 7-3l 1 8- Telegraph Co.— 6# * *25c 37 (4 c (quar.) 7" 1 8-15 35c $1.12)4 5 ':c. preferred B (quar.) ——— International Bronze Powders/ Ltd.— Common 40c 83.50 110c ~—, N. Y.) Fa Wick ' 20c 3 *25c Co., Ltd., class A (quar.)_ (quar.) Grand Union Co., 4V2#1 preferred (quar.)__ Great American Insurance (N. Y.) (quar.)__ Great Southern Life Ins. Co. (Houston)— Grafton & $1.25 (quar.)—~„. (quar.) Fate-Root-Hcath Co. Fort G-30 Halle Brothers, common cuse, First 7-24 1 quar. > (initial) Corp. Farmers First 25c (quar.) (quar.) Employees Life Insurance (s-a) ft- Falstaff Brewing. common (quar.)—6% preferred (quar.—. "—■ Fine 9- Inc. 8- 20c Corp.® common Inter-County Telephone 6s 7-10 40c Producfs (irregular)— Fabrex 4)2# " 9-15 Corp.— Manufacturing 1 8- 50c 7-31 40C preferred (•quar.)—.. 2nd preferred (quar.)--.~— Evans 8-17 $1.18% 1st 5% Ero 7- — — — A (quar.) ———-•—r preferred (s-a.) (reduced 1 20C Government 7- — & Steel 1 7-31 7-15 7-15 shrs. based on the July 15 closing price) Employers Group Associates (quar.) Enamel & Heating Products, Ltd.— 6% 8- 14c — (increased) — preferred. (quar.)„„4— lnterclieniical Goulds Pumps, 5# .pfd. 7-15 1 8-15 and (6c from investment income from securities profits) . 1 *50c preferred (quar,) Gould-National Batteries 4# 1 15c — Common 1 8- 8- 12','ac A GroWtt?~Fund—• Institutional 1 7- 8-15 Class A preferred Erie Forge 8- k$1.12(4 (quar.) 5# preferred (quar.)— 7# preferred (s-a> Empire Millwork Corp. <stock dividend) (Cash will be paid in lieu of fractional 4% 1 1 7-16 Holders Payable of Rec. Share •' Institutional Securities Ltd.—- 1 7- .7.-..1 7-16,. " Name oj Company ,r 8-21 16V.tc 12V2C (quar.) ;—-—--Goodman Mfg. Co. (quar.)__™. Goodyear Tire & Rubber (Canada), Ltd.— 7- 3 7-15 (quar.). Empire Distriet Electrie Go; Class class 5# —— 7-16 V2C — • 15c — preferred <quar.)_——— Mfg. Co. iquar.) 4%#' (quar.)_— B preferred (quar.)-.-™———, Goodall Rubber, common (quar.) 7- 3 conv. Emhart Class 77 3 : preferred (quar.) • Elastic Stop-Nut Corp. of Amor, (quar.) Electronics Communications 6# -,~- Gold 20c — (increased common (stock 1 (quar.) 4(4# Common 8- $1.50 — — Echlin Products, ?7-15 1 9-11 When Per Payable of Rec. lOc 5c Glen'Gory shale Brick Yquav.)™— Seal Products Corp., class A ufi-30 8- Share Company 6)2# preferred Edison 7-15 10c — (Md.)— $7 - Name of Holders When Per Holders Payable of ReC. $1 (quar.) (quar.)_——- Eastern States Cert}, Ekco When Share • Bakeries, Ltd.— Monday, July 13, 1959 ... , on page 48) . ji Volume 190 Number 5863 . . The Commercial . and Financial Chronicle (163) J" Stock Record «» New York Stock Exchange DAILY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERT LISTED STOCK — Range for Previous Year 1958 Lowest 30% Jan _43%:Jan 13 Lowest 40% Dec 3 29 I 71% Nov 20 ■ 40% Jan Highest 7 %59% Feb 112% Feb 37 % July 15 Aug 26 49% Oct 24 47% Jan 2 14% Jan 24% Nov 18 15% Jun 29 29% Oct 14 26 29% Dec 31 27% Apr May 8 84% Apr 28 18 14 Jan Nov 120 7' 20 % 3 2 I93a Jan 20 %: Jan 134 18% Mar 26 Jan 8 9 Adams Express Co—! Adams-Millis Corp 30% Mar Jan 2 61 94% Jan 2 125 19?a Dec 29 17% Jan 28 16% Jan 28. 49 V* Jan 25% Nov 8 13 83% Nov 13 193% Jan 21 297 Dec 16 23% Jan 2% Jan 3 5 2 34 Dec 31 2 20% Nov 7 19% Jan 9 23% Jan 2 14 Jan 72 Jan 26 16 4% Jan 191 3 80% Nov 24 2 10% Dec 30 Nov 13 280 July 31 Jan 21 160 Dec 29 14% Apr 30% Jan 2 33 Dec 30 80 SI 12 49% Nov 11 2 Apr Dec 72% Apr 100 Dec 12 16 15 % Oct 6 29 96% Oct 7 18 30 Jun 77% Jun 9% Jan 27 12 Jan Jan Jan 12% Feb 74 Jan Jan 26 17 13 39% Jan 11 111 Nov 17 42% Oct 31 Jun 25 38% Oct 13 60% Jan 2 96% Oct 13 22 Jan 64% Apr 21 44Te Feb 24 14% Feb 5 Jun 24 83% Mar 17 17 34% July 104 Jan 61% Jun 29 114 32'% May 4 27 May 1 77% May 11 15 52 33 % Jan Apr 29 27% Jan 21 42% Dec 11 39 Feb 53Tb Dec 15 47% Jun Feb >25 114% Sep 17 38 % 83% Jun 25 32% Jun 7 58% Dec 31 25 5 Mar 31 10 9 125% Oct 10 13 44% Nov 12 42% Jan 48 40% Oct 14 33% July 58 Jan 66% May 29 . 25 37% Dec 11 47% Dec 16 45 % Jan Jan 2 22 Nov 11 20!b Jan Jan 2 20% Sep 22 19 Jan 7 2 9% Nov 17 7% Feb 13 41% Jan 2 52% Nov 18 41% Jun 10 11 45 % Dec 24 47% Dec 29% Jan 17 44% Dec 80% Jan 2 , 5» 2 Jan 15 11 46% Feb 17 62 38% Feb 9 50 38% Jan 2 55% Dec 47% Feb May 28 26% Nov 13 25 Jan 13 '2 44 39 Jun 23 13Tb Jun 8 24 91 May 11 % July 6 Apr 17 55% May 18 43% July 10 45 Feb 4 34% Apr 15 18% Jan 22 ' 1." 16% Jan 2 41% Dec 73 Jan 13 134 13 Jan 3 18 94- Jan 31 13 Feb Jaii 2 86 Jan 17% Nov 2 79 Jan 31 122 18 21% July 28 2 32% Jan 1 11 Aug 27 Apr 21 103 27 16 Dec 111 14 Jun 3 59% Nov 17 85% Jun 10 —.... 17 % Jan S2 17 30% Oct 13 Jan 2 102 Oct 20 20!a Feb 28 31 Dec 18 11- 8 Jan 3 16% Nov 21 Mar 13 9 12 25 May 27 Mar 17 110 Mar 30 104 16% Jan 2 Jun 19 Jun 3 105 53% Jan 8 96 79% Jun 41 16 Apr 1 24% Jun 8 2 41% Dec 16 25 Tb Feb 25 69% Nov 17 58 Jun 11 2 35% Dec 2 32% Jan 7 34% Sep 12 33 % Apr 7 40% Nov 14 38Tb Jan 49% Aug 8 43TV Jun 4 11% Jan 2 16% Dec 30 15% Jun 26 144% Nov 26 13 347a Nov 10 68 140 Oct 2 43 Jan 2 117% Jan 155 22 27% Jan Jun 13 61% Nov 2 27% Dec 6 May 5 51% Oct 20 2 126 * 32% Jan 1 18% 18% 18% 18% 18% TR» 55 55% 43% 43% 2,300 12% 7,400 4.08% Mfg 11% 117 b, convertible preferred 60 % 60% 59 60% 59% 79% 80% 80% 80% 81 81 33% 32 Tb 33% 33 Tb 34 33% 34 100 Alpha Portland Cement 07& 113 _lo No par preferred Sugar Co 50 36% Airlines common *36% 45 *44. 50% 85 85% 85 33 Tb 34'% 33 30% 31% 30 % 33% 33% 33% 50 *63 64% 2 33 34% 53 Tb 53% 1 27 27% 27% 20 *19 No par 142 & Radio Co Corp *36% 45% 25 *140 12,100 00 87 x85% 86Tb 14.700 34 34 34% 34% 34% 6,500 29% 41,800 30% 28 5 155 33 33% 33 34% 21,200 53% 53 54% 54 54% 10,300 27 % 28Tb 28% 28% com *64 % 20 19% *19% 27% 19% 19% *19 19% 10 Tb 10% 10 Tb 10% 9% 10% 10 10% 17,900 45 Tb 45% 45% 45 % 46 T11 45% 46% 45 % 46 % 52.30Q *19 28 Tb 19% *19 28% 31,200 " - < • ' 36% 37% 37% 37% 37% 37% 57% 58 % 57% 58 Tb 58Tb 59% 59 61 60 61 No par 10 5,40? 50% 51 % 49%': 50% 38 Tb 48% 49% 49% 51 49'4 50 2,700 39 100 39 38 87 87 61 Ta 10 American Hardware Corp American Home Products American Ice Co common 62Tb % *86% 39 87 61Tb 37% 61 % Investment Co of 111 14%. 34 Tb 39 39% *38% 86% 87 *87 88% 60 60% 617 b 60% 61% 55,000 44% 43% 43% 1,800 19% *80 81% 53% 53% 26T« -100 26 TV *93 19 41 29 Tb 28 % 29 % 28% 29 5,300 14% 14% 14% 14% 15 20,200 33% *102 19% 19% *10L 96 94 81% 53 TV 25% 29% 29 29% 14% 14% 14% *93 2 . Co 1 19% *101 19% 18 19% 101 95 93 94% *80 53 t 5,300 100 101 30,300 52 TV 26 53% 3,800 25! 53% 25 T cntC y 1,400 81% 81% *80 2G% 17 7b 19% 7,500 7,900 16% 109 *102 18% 34% 182 103 93% 53% 16% 25% 46,000 H 94% * Products 19% 33% 180% 16% 109 18 % 95% 34% 183 100 ' 94% 28% 25% _ *102 18% 81% 531 b 53% *93 16% 103 % *80 26% „ 94 Tb 17 109 18% 101 *80 18,300 42Tb *39% Xl79% % 18,400 42% 39% 34 % 94% 50 43% 41'b 39 TV 184% 101 u 40'4 42Tb *16% 18 19 TV 50% 600 41 33 TV 18 94 7 49 3 4 39 14 Tb 109 101 x44 180% *102 2,400 28% 17 18 37% 02!. 34% *16% 37 % 87 184 % 179 115 93% com__l 33',b , 16% *99 Metals_No par *39% 183 18 100 Inc 14% 16% *102 100 preferred— 14% 33 TV Fdry common—7 preferred 41Tb *3.9:% 29 % 175 1 prior preferred 40 % 41% 29 14Tb 1 non-cumulative 40 29% 41 37% 39 *86 % 62Tb 29 12.50 No par 28% *93 9.4 % 29% 29 29% 29% • *93 94% 29% 9,500 14% 14% ■14% 14% *14% 14% 1,300 45 46% 45% 47% 46% 48% 46 TV "47% 46 % 47% 229,000 61Tb 62% 61% 62 Tb 62 T b 63% 63 63 TV x62% 63 TV 13,000 44 45 Tb 44% 45% 44% 45 44% 46% 46% 47% 11,700 50% 51% 50 TV 50 % 50% 50% 50Tb 51% 50Tb 51% 47 Tb 48% 47% 48 Tb 48 48% 47 48 46% 47 5 15 TV 15 % 15 TV 15% 15% 15% 15 15% 15% 15% 68,000 —100 142 Tb 142% *142% 142' b 141 141 140% 140% 100 Corp 5 American Natural Gas Co American News Co American Optical -25 No par Co 1 No par 3 American Potash & 18% Apr 21 152 Mar 17 American Rad Std Sany com 7% % 11% 41% Motors 65 34% 52% 39% American *64 64 33 Tb *39 Tb Molasses 65 64 53% 5 Metal 1,300 33% American European Secur No par American Export Lines Inc 40c American & Foreign Power—No par American 34 64% 44% American *33% 33 \ 50%, 19 2.800 33% 53',b 44% 22 100 47 *63 49 Tb 15% Feb 150 46 Tb 33% 44 32% Jan *135 33% 49% & 28% 47 TV 47 % 43% Climax 29 TV 136% 46% 46% 49 Tb 4%% h 136% 33 w 46% 33% 44 American Metal 200 50% 49 Tb Machine 45 50% 43 Tb 3.90% 38 51 48Tb & 27,300 50 10 5T4% 325,200 50% 20 American Mach *44 7,200 37% No par Co Crystal Sugar prior preferred American Cynnamid Co American Distilling Co American Electric Power Co American Enka Corp 6% *36% • 36% 109% 36 T4 108 38 *44 1,200 45 12.50 preferred 155 38 170 55,400 10% .1 common % 29 % 30% 46 7 ii 150 35Tb 37 % 109% 6,600 33% 86 7 i, 85% 34% .47% Theatres Inc common Tb Tb 47 5 7o preferred American Cable 4%% 49 144 35% 36% 60% 114% '112 107% » 6,000 ■ 81 33% 114: 35% 38 Tb 59% *80 45 45 b 114 35% 109 7 *36% 497 100 American Bosch Arma Corp American Brake Shoe Co 1% 38 45 48% No par Note common 10 Bakeries Co American Eank 6'/o preferred 37% 108 34% 84 1 convertible preferred- 38 . 113 35% 37Tb 108'.:! *44 50% 113 35% 106'% 106% *36 % 1 12.50 American-Can 114 34Tb 37 106 Petroleum Corp_ No par Amer Agricultural Chemical__No par 3%% *110 35% 36'/a l Corp American 113 35% Co—- convertible 11% 60% 79% 33Tb & Chem preferred ,, 147a • 143 142 Tb 5,400 7,100 37% 37% 36 T 37 36% 56 T 57% 56 Tb 56 ',4 54Tb 56 600 46 45Tb 46 44% 45% 43% 45 21,400 142 Tb X141Tb 142 *140% 142 Jan 2 148% Mar 20 63% Mar 125 9 Jun 12 31% JUn 5 72% July 6 105 Jan 43% Mar 35% Feb 6% Amer South 18% May 18 American 17 American 26 American 119% Jun 10 129% Jan 20 8 6% 25 58 Inv Co Ltd—£1 21 Feb 23 3 25 & preferred American Water Works 29% 29% 29% 29 28% 29 5,900 71 71% 69 Tb 70% 69%. 70 70 70% 9,600 89 88% 88 % 88 %. 88 3 4 88 7 b 88% 1,500 com—25 30 % 31% 30% 30% 30% 31%. 31 % 31% 31Tb 31% 31% 31% 31% 31% 31% 31% 31% 31% 31T11 31% 2,980 5 *16% 16% *16% 16% 16% 01% 16 Ta *16% 16% 1,400 82% 81% 817b 155,200 99 99% 99% 100% 8,700 82% 81% 82% 81% 82 Tb 99 99% 99 % 99% 99% 99%, 121% 121 % 122 Tb 122% 50 % 50% 120% 49% Anchor May 31 41Tb Nov 14 90% Jan 20 34 Mar 32% Dec 30 Jun other July 7 4 95% Apr 40% Jun 25 23 36% Jan 14 9 footnotes sea page 26. % 14 Tb 49% 122 50% 14% 14 Tb *27% 28 28 28% 25 *25 26 *25 \ 16% 16% 16 26 ^ 16% , 14% 28% *25 16 122 - 14% % 49% 14Tb 28 Tb 27 % 26 *25 16% 15% 123 124 123 5,100 1,450 14 3 H 28 50% 47,100 14% 14% 7,400 27% 50% 27% X49% *25 26 15% 16 700 26 16% 9,100 79% 77% 79 76 TV 79 77 TV 39% 39% 38 38% 37% 38% 38 38% 10,000 64% 62 Tb 39% 63%- 37 63% 62 TV 63% 62 62 T 62 62% 51,700 No par 58% 58% 58 TV 58% 58 TV 58 TV 56% 58 57% 57% 41 42% 41 43 41% 41% 41'b 41% 41%. 93% *92 CorpyLl & Cable 77% 78 3 ^ r 77% 78% 21,200 540 Hockdng Glass Corp— Common $4 14 , 25 —1 Wire 43 com—5 50' 29% __50 Anaconda 3 16 81 25 100 Co Co Feb 16% 29% —33% series Anaconda 33 1,000 88 Tb series Amphenol-Borg Electronics 39 410 59% 124 29% 25 74% Mar 17 31 59% *123% 89 —v_— 46% Mar 13 60% Mar 18 59% 72% Corp 7 7 59 *123 % \124 71% Co 2 53% Jan 59% 124 143% 88% common 32% Jan 61% Oct 14 59% *123% 143% 143 1.G00 29% Tobacco— Tel 60% Jan 30 59 124 142 36% —25 American Viscose Preferred 58% *123',4 124 4 1 Refining Tobacco Preferred 6% 58',4 4 1 Co_ Ampex Corp 61 % May 15 Tb Jan • *123 Foundries Sumatra Tel 141 preferred_100 common African American Steel 89 50% July Co non-cumulative American Sugar 7(/o preferred Apr 16 American Snuff 4 18 107% Jan Jan 100 -American Stores 9 37 preferred 2 Jun 90 7% 84% Feb 12 61 *78% 10 common— 60% 100 preferred American Zinc Lead & Smelting—1 all 11% par •4% Allis-Chalmers 2 For 1,500 56% 43 14% Jan dividend. 18% 55% 6 $149.87% 18% 3,500 18,100 43 29 5 18Tb 40 19% 120% 55! b 17% Nov 100 18'b 100 19 118% 43% 4 2 99 19% 20% Jun 2 *98 Tb 119% 27Tb May 1 17% Mar 18 13 99 98 19% 12 Jan 14,900 118% 15 Jan 57% 19% 13d b Mar 12 Jan 31,200 57 119% 18% 24% Jan £2 98% 41% 58 19 Tb 26% Jan 23 *98 40 •"# 57 118% 23 33 99% 120 43% 58% 19% 29 31 98 4 118% 15% July 11 Dec 57 T 160,100 42 19% 28 % Dec Dec 58% 98% 12% 102 205 43% 117% 27% Dec 29 57% Tb 19% 8 46% Jun 42 118% 10 13 43% 12% *97% '180 19% Jan Dec~~5 40 13 102, 210 117% 23% Jan 63% Oct *97 *200 57% 16 37% 102 205 37% 75% Jun * *96 205 20 45Tb 26 2 102 205% 81 57% 13% Jan 13 12% *97% 2t>3% *79 37% 6 Jan 13'a 102 59 100 12% 81 200 58% 1 13 % *79 46 Tb May 21 29 40 12% 81 58 139 Jun 32% Jan 12% *79 38 30 2 12% *97% 81 7,800 45% 4 9% Jan 23,200 56% 35% Dec 14% Nov 26 34% 37% 6 11 34% 10 86% May 11 29% Jun 16 Nov 34% *79 par 45 39 34% 80 . Smelt & Refg com.No par 3 2 80 Ship Building Co__No 18 1 24,700 Seating Co 31 4 21% American Dec 97% Dec 32 20% American 35 Tb Dec 134! 2 Jun 31% 20% American 5 15 31% 19% 35% a % 1 26 ~27 31% 20 34 27 26% Mar 26 74% Feb 31Tb 19% 35% 24 54%. Jun 119% Sep 25% Jan 31T 20 Jun 120% Jan 2 10,200 31 19% May 30 8% Jan 5% 30 % 34% 56% Feb 6 - ' 62 12 31Tb Jan 6,500 340 v 5 41 65% Jan _ *333 5% 8 July 10 7 45% Dec 340 5 52 % Mar 31 25% Feb 105 *330 5 Tb a 16 64% Mar 340 5'b , 54 T 30 8 *330 5% 42% 22 14 7,200 340 12 Jan 73V4Apr 30% 89% 43% 34% Jan 47% July 10 53 'b July 1 89 33% 41 American 48% July 30 5 % 30'% 40 2 May 19 a 88% 20 10 9 7 16,500 30 7 88% 24 19% *183 prefcrred_100 American International Corp 1 25 23% 307ii 88 Ta 23% 43 Tb July 16 29% Dec 2 140% Jun 6 7 23 31% 88Tb 55% American 13% Jun 8 Feb July 59% Apr 98 2 48% Apr 35% Jan 84 92% May 7 Apr 22 27 Jan 22% Jan 18% July 20% Jan 19 43% Jan May 12 184% July 101 20% Jan 157 35% Apr Feb 14% Jan 23% 30% 90% 11% Chicle 30 5% No par Chain & Cable 2 23% 31% 88% *332 30% 1 American 18% Oct 5'b 24% 30% 90 340 53% American 55% Dec 2 23% 31% 89% 124 42% American 40% Nov 20 11% Jan 30% *334 121 56 May 29 65% Apr 28 28% July 24% 122 11% 61 31 24 % 120 42 % American 9 Apr 21 120 11% 44 Sep 22 123 118 55 2 30% Dec 121% 5 7 42 38% Mar 17 17 2 53 100 Inc 44'% Mar 24 2 6,100 29% 51% No par B 40% Mar Feb 12 2,300 119% 120 33% 29% 52 Amerada 60% Jan 25 14% Jan 6,100 53 33 29% 51% ,32% 5,500 No par Products Corp 5 Allied Stores Corp common__No Amalgamated 29% May 14 20 % Feb 11 14% Mar 18 39% Jan 32% Feb 19% Jan 26,600 29% 52% 33% 29 54 5 47% Jan 17 33% 29% 33% 29 52% 1 15 84 X32% 33% 28% 54% 18 29 19 6 10,500 a 33% preferred 10 96% Mar 16% 100 51 3 16% common 36% Jun Sep 167 31% 42% Jan 21 2 16% American Broadcasting-Paramount 3% Jan 37% Sep 39% Jan 13,300 17 Co Amerace 64% May 29 39% May 6 54% May 25 29% Feb 2 16% Allied 5 30 33% Apr 160% Apr Jan 17 28% Allen Industries Inc Allied Chemical Corp 8 38% Jan 118 53% 54 16% 10% 1 53 % Allegheny Ludlum Steel Corp Allegheny & West Ry 6% gtd 0 35% Apr 24'/a Jan 17 Aluminum Co of America 13)6% Feb 17 22% No par Aluminium Limited 52 13,400 127 22% 54% 100 Allied Laboratories Allied Mills 74%- *120 22% 52% 1 8 45 July 56% Apr 127' 22 52% 2 8 25% Oct 19% Feb 19 9 *120 22% 51 Inc July 2 33% Jan 13 July 127 22 50% Corp prior preferred Kid *120 Shares 43% 22% Corp_. convertible Allied 73% 49% common-, 109% July 16 27 % Apr 8 *9% Feb 12 21 14% Jan 85% Jan 34% Jan 11 6% *43% -74% 32% preferred A conv 43% 73% 22 J2 Amalgamated Leather 33% Feb 81 4 26Tb Feb 76 31 9 52% Jan 82% July 28 30% Dec 2 May. 14 21% Mar 20 17 48*2 Jan $4 *43% 28% preferred 5 % CU 30 43% 73% 50% 1 Alleghany Corp 29 123 5 •10% Jun 55% Dec 6 22% May 19 91-% Jan 2 27* 2 16 15Tb Jail 21 17 4% r'o 125 73 _i pfd 1951 series Gas Inc Jun 44% Apr 17 59% July 2 102 Apr 8 20% July l 10 Jan Jun Alabama Aldens r the Weelr 22% 1 Alco Products 8 *120 - Friday July 10 No par —i,— industries J 206% Apr 14 92 A 8 May 11 102 32% Jan 28 44% Jan 7 96 30 13% Apr 2 43% Oct 2 84 29 Jan Jan 22% Apr 35% July 28 93 160 Dec 57 10% May 19 35% Jan 2 35 12 18 36% Jun 6% Mar 19 30 *43% 73% Sales for Thursday July 9 ____10 Air Reduction Inc common conv 125 43%. 22 Aeroquip Corp 4.50% 72% PRICES 50 1 Co___ Addressograph-Multigraph Apr 22 73% SALE July 8 25 Admiral Corp 328 2 Dec ll 5.4 Jan July 12 —_ 91% Mar 10 3 315% Apr 30 3% Feb 9 24% Jan J£& 120 *43% niGII Wednesday i . 29 % May 11 33 T a Mar 30 2 79% Feb May 19 ACF Industries Inc__ 43% 73— * 100 ACF-Wrigley Stores Inc__ Acme Steel 9 _ convertible preferred Vending Corp V ABC 7 11 Jan 4% ^ 2 Nov 7- Abbott Laboratories common—-*—5 33% July 2 *43% AND Tuesday July 7 July 6 i 19 33% Oct - Abacus Fund Feb 97 33 3 Pur 23% Jan 82 Oct 24 23% Jun 24% Jan » Apr 56 LOW Monday EXCHANGE 47 % 9 24 1G2% Jan STOCKS NEW YORK STOCK Range Since Jan. 1 Highest preferred Anderson Clayton & Co Anderson-Prichard Oil Corp 6.25 6,500 —No par *91% 93%. 92% 92% 21.80 39% 40 39% 39% 39% 40% 39% 40 39% 40 3,700 10 30% 31% 30% 31 % 30% 31% 30% 31% 30% 31 12,100 93 Tb *92 93% - *92 TV 50 15 % Commercial and Financial Chronicle The . . Monday, July 13, 1959' . (164) STOCK EXCHANGE STOCK RECORD NEW YORK Year 1058 15 44% Dec 2 Jan 29 49 y2 Feb 11 4374 Jan 2 35 16 4074 Jan 26 23 7 67 Vt Dec 4 19 12 74 Feb 10 24% Dec 31 22% Jan 2 39>/4 Dec Nov 3 39% Apr 80 41% Aug 25 Feb 22 .6% Apr 3% Jan 7974 July 7 6474 May 7 40 Armour & 24 86 22 23 27% Feb 6% Jan 9 2 Jan May 105 96 67 8 Al vin Industries Ashland 18 Jun 26 Feb 13 57 Jun 10 107.7 5 8874 Jan 2 28 327a July 8 107'aMar 4 5% 19 7174 "Apr 24 31 2774 Jan 18 9% Jun 3974 -Jan 2 47< 81 9 92: Atchison 1074 Dec 2 974 Jan •9y4 Jan 86% Jan 10 4174 Nov 10 8 Feb 28 92 July 2 53 7'a Dec 30 4774 Feb Feb 25 4574 Nov 13 43 Va Jun 24 6% Jan 2 2 6'4 Jun 1574 Jun 17 7'a Aug 23 7% Jan 2 16% Jan 8 2874 Dec 19 217 12% Aug i% Jan 6 29 Va Dec 2 13% Dec 30 11 25% Apr 10 Va Jan 3% Jan 9 10% Nov 21 Jun •7 30 Avco 7 12% Jun 8 1 Babbitt (B T) Inc— Babcock & Wilcox Co Apr Jun 24 Jan 20 30 % Feb 9 974 Jan 2 15 Nov 3 13% Jan 6 17% July 10 6 45 Nov 6 13% Jan 8 49% Mar 11 95 4 Sep Dec 85 105% July 18 .92% Jun 3 30 41% Feb 7 45% Oct 6 45% Apr 7 63 % Nov 13 61 29% Jan 2 Oct 29 48 66; 19 25 Jan 20 Jan 6 % Jan 27 64 48% May 27 64% Oct 22 51 Va Jun 16% Jan 6 30% May 7 23% Jan 30% May 11 45'A Apr 8 58 Dec 4 52% Jan 66% Feb Mar 24 36 Dec 10 31 Dec 23 23 16% Jan 7 33% Jan 3 127 9 20 Jan Jan 23 95 Jan 5 8 100% Mar 26 19% Jan 2 28% Jun 26 36% Jan 7 74% May 5 Dec 29 19 May 22 80 % Jan 13 30% Oct 29 28 Va Jan 2 36% Oct Dec 35% Jan 2 31 9 44 I0y4 Jan 2 137/a Dec 17 13% Jan 5 25 23% Aug 27 19 Feb 26 May 28 17% July Va Apr 24 92 Va Jan 13 58 Mar Sep 22 93 4 i . :. 80 7a :% 11%, v% 1174 10% 1174 8,700 25% 25%, 25i3a 25% 25% 25% 4,300 25 % 25% 2174 21% 21 % % 21% 17,100 35% 34% 25% 22% 35% •'341 10 10% 44% 4 Jan 16 89J 24 Jun 16 28% Mar 50% July 21 6' Jan 45 66 24 48 Jun 18 52 18 2 1 % Feb 1% Oct 13 H Jan 2 Jan Jan~~13 36% Oct 143 Oct" 14 64% 6 17 9 12% Jan 5 \ 2 15% Dec 9 Jan 2 76 Dec 12 70 Jan 12 53 Jan 23 3674 Jan 6 Jan 30 23% Jan 2 59% Dec 9 3714 Oct 28 18 1 26 Va Dec 36 July 6 1551 Neb 11 17% Apr 3 831 July 2 71% July 10 22' July 9 Jun 15 2 35 20% Jun 5 24% Apr Jan 8 19% Jail 34 22% Oct 10 14% Jan 2 22 Oct 6 2 19 Dec 18 16 46% Jan 5 Nov 21 70% Feb 10 81% July 2 31 37% Feb 9 45% July 8 5 85 Jan 16 76% Feb 3 81% Apr 2 60% Dec 31 59 Jan 6 1774 Oct 24 10 23 74% Sep 48 y« Jan 78 6 25% Apr 14 Boston Edison 6C% Mar 17 3 2 33% Jan 4874 Aug 11 30 3G% Oct 5V4 Jan 2 9 267a Jan 2 44 13 6 22 13 Oct 82 Dec 78 13 1261 Jun Feb July 10 July 85 26 4274 July 82 Mar 13 92 29 68 II 5 a 8 G 4974 Dec 31 497a Jun 18 11V4 Jan 2 1774 Dec 30 1674 Jan 8 427a Jan Dec Jan 21 59% Jan 8 347b Jan 19 60 19 57% Jan 6 12 5374 Nov 21 47 74 Jan 2 13 30 Dec 10 2874 Jail 6 10474 July 2 3374 Mar 1(5 25 Jun 26 33% Oct 3 74 Jan 29 3574 May 28 1374 Jan 2 2074 Dec 31 1974 Jun 8 3174 July 10 7874 Jun lo 59 40% 46 3 V 47 Va 4674 46 7„ i- 79% 80'a 700 6% 38,400 45%; 79 79* 4 19% 19% *22 7-* a 36% a 15 ——100 „ ! 25 1 ———..100 Line Co Bucyrus-Erie Co Budd $5 Co 23 24% Jun 18 Bullard Co 974 Feb 28 13% Jan 27 207a Apr 8 974 Jan 1574 Oct 3& 1474 Jan 217-1 July. 2 Bulova 4 7 8 437a Dec 17 347a Jun 9 457h Mar 18 7 28% Dec 2 2474 Jan 5 3574 Feb 10 40% Nov 6 34% May 5 40 3% Jan 15 87a Oct 14 26 8 16% Mar 5 Jun Mar 5 2 Mar 10 ' 20 Jan6 98 Jan 9 39% Dec 1087a Dec 16 ---—- -- 3% Jan J f 974 Jan ioiS 57* Jan cn Jar. Oct 27 26% Jan ,j0v. May 10 2 477*. Jan 6 footnotes "i 5 50% Jan o 21% Jar: For 0V 21 31 ^74 Nov 12 147a Jan 45 t 12% Dec 357a Jan 81 19 7 see page 9 Jan 5 29% Jim 15 109 5% July 10 18 Jari 10 26 Mar 30 46% Jun 26 19% Jan 2 83% Jim 26 46%,July 10 ^ v £v8£ey ,19 Dec 06 38— Jan Jan 9 -3J4 Jun 16 6274 Feb 3 • 54 Jan 114% Jun 21 24 3174 May 27 974 Mar 17 25% May 12 13% May 18 5574 Jan 35 21% Jan 16 89 51 64% 35% 35% 35 35 53% 53 53 53 54 26%, 25 74 25 % 25 34. 38%. 47% 52 ',•> 53 600 35 ■ 700 54% 2,400 25% "54 x25% 3,800 5574 55% 55% 56% 56''a 56 7 a 2,700 361,1 38 3714 38 % 377a' 38% 25,600 453:, . 46 1 45 74 45% 44 V4 45 % 4,500 27 % 27 7„ 28% 33% 601L- 38 401 277a 27% 58' 58 7.-. 58 58% 58 83 7a *82 83'% *82 88 37 '■'/ 16% 16% 16% 37% 41 40% 40% 37% 38 374 7,500 37% 38 37% 38 8,200 1634 17 5,000 37% - 41% *40 % •> 16,500 a 83% 37 Va *4074 37 7a 37 ' 7,600 ° 58 38 % 40% 96% 27% 7a *95%. *82 83%. 10 211 96 % 27 28 1,900 53 a *201 209 *95 96% *95 521 53 521:. *199 200 200 96 1 a 52:% *52 211 *95 64 % 35 64 1!, 35 56%. 62,700 64 % •• 64 26 50 497 a 49% *64 481 640 48 *82 64% 46% 80 16% 17% 19 % 19% 19% 1974 19% 19 Va 1974 9,400 19 % 73% 70% 717 a 69 Vt 70 Va 6874 69 % 10,400 71 r 94 % 92% 94 74 *92 7a 94 V* *92% 94 '4 *92% 17 74 Feb 11 Apr 22 44:% Jun . 78 % 797 a 27 27 % 27 21 VB 49 49 % 49 '4 49 74 *48% 49 Va 7,900 17, 1% 1% 1 % 43,400 39 Va 39 Vs 77% Hi, 1", . 39% 39% 39''a 58 7 5T7i, 1 3274 Mar 3 6774 Mar2't 37% 397',, 39% 40'4 21,600 58 56% 5774 56'a 57% 117,200 '567,, ii 16',4 79% • >79% 81 69% '6934 71 71 71'A 70% 71% 3,400 54 % 54 74 557a 55 74 56% 15.900 2974 29% 30 30 Va 22 207,; 21%: 32,600 35 7a 35 7i, 43,100 53% 54 % 537 i, 30 30 % 2!)1 19% 20% 20%, 36 29% ^ 21 Watch Co Inc— 30% 35% 35% 32% 827;, 32 %; 327a 32 32% 4,000 32 7 „ '>•%« 22r:» 22 % 23 23 23 3,600 22% 18 '1, 18 *4 18'., 18 % 18% 187a 18%, 81% 80% 81 80 80 7.; 5,300 81 80:% 43 % 45% 44 3 4 45% 44% 45 Va 41,600 78% 78 Vb 78 Va 78 Va *78 7'a 62 % 62:% 61% 62% 63% 113, 1114 1114 *11% 11% «>•».■•"- 22 22% *21 '4 21% 1,300 15" 4 15% 15,800 43 43 la 7,200 i 200 :l 18 80% 43 % 42% *78% 791 ii ,x61?a 62% 36 11% 11 % 11' 21 7, 21.3't 15% 15% 151!- 15 3 4 15% 15 3 4 43 1,, 42% 43% 52% 5114 51% . : 1241 41% 5234 17% 6774 677^ .102% 19474 *30 80 74 33 33:% , 1 - Campbell Soup Co Canada conv Corp common— Dry $4.25 preferred —5 1 1.80 1.667a No par Canada Southern Ry Co 100 Canadian Breweries Ltd :_.Nopar 25 Canadian Pacific Ry Cannon Mills Co - -No par 121', 120%. • 41 la 40 3 40 8314 40 3 4 *81 *81 4,000 4 53 53 53% 53% 17% 17 7'a 17% 17% 17% 68 63 68 68% 1,100 101 99 2914 80% 30 32 74 30% 31% 29% 29% 30 30% 31 93 93 92 3 4 9-274 31% 30 92% *92% "36 36 36 36 24 23 74 23% 23 23 3, 24 23'a 1534 16% 16 16% 15% 15 7 21% 21% 21-%, 213 4 75 75 15% 16 21% 213 75 75 4 76 *74% 217a 21% *75 76 *661 *803i 67 % *66% 82 82 82 *80'% 82 36% ' 67'/2 35% 36 35% 67%. *66% *81 36. —*66% 3,000 5% 2,000 39 44- 115% *113 *113 574 43% 43 Va *43% 115 % - *114% 115% *114% 2934 29% 30% 30% 30 30 V, 6% 6% 6% 6 6% 23% 22"':, 6 22% * 5%; 5% 45 45 29% 8.000 6 74 5% 6% 27,800 2374 22% 23% 11.900 *291 a 23 23-% 11% 11% 11 % 11% 11 "'i, 11% 11% 111 a % 48% 48 48 V, 487» 47 48 1» 48 21% 21'% 20% 20":, 2174 21% 21% 21% 86 86 85 85 V; 86 % 46% 46 V2 46% 46% 481a 47 % *47 41 413b 293i, *64 41 % 11% 11% 48% 7.400 21% 10.800 86% *85 *84 86% *48 48% 47% 40% 40% 40 43 *39 % 40 41 30% 30% 33% 30% 30% 30% 64 % *63% 30 29 7 65 68% „ 64 . *633 , 3,700 , 20% x48' *84%. ' 600 115% 47% 23 V, 40 39 V8 26 38 3 - 270 39 2574 39 ; *43 82 2,800 25:% -44 46,600 67'a 1 38,900 25 i 12,100 26% 38%, 5% a 36% 39 5% 300 8,300 26'a 26% 5 74 174,300 367a 38 3 4 21,100 36 7a 25% 5% • 800 3i 36V, 30"':; 23% 1,600 30% 31% 36 80 50 700 30"'« 27.100 64% 200 ~ 64 4 *631 a ^ . 1 20,200 100% 99 3 4 10014 30% 32"',, 23% _ 5,000 68 30% 36'4 •, 3,700 53% 32 - t. . 10 83%' 97 93% t 9.500 28 V .. Campbell Red Lake Mines Ltd— "■ 1734 - Callahan Mining Corp Calumet & Hecla Inc-a 12374 !■ 4,100 33 *92% 2374 1 67a • 120% '•' • 5.300 ■ 30 . 6' 8% 65'4 32% 93% 30 51% r 64% 1 1,400 6-3 177n .67% 103 74 100% '/*■ 30 * 2;>3.«r 21% preferred —100 *74 75 3% % preferred rlOl)——-iS66—- 677a— 47a% second pref—v. a.100 80Va 80% Burroughs Corp—r__! ,„5 367'n1 3674 Bush Terminal Co__— a-1 267a 2674 * .Butler Bros-! : .'_y:__i5 337« 39% Butte Copper #> Zinc 5 5% 574 Byers Co ( A; M) common—.10 " 4344 7% participating preferred- —100 *113 115% 82 53% 53 42% 82 -6774 2174 5 r' 83 % *81 17*14; " 36 126 40 6,800 64% .8% 64 74 2,900 79 *51% 9 a 63% 64 1241a 125'a 87 f>. I! 63 3 a 63 62 Vt i 87 9 9 124'4 1674 California Packing Corp : 21 7:: 62 1 2274 2,500 36% 32 % 83Va. 531 a —_„_5 *•21% !, a 22% 4. _lo a— ' 16 36 1 30 81% 68 % 113, *92% No par 16,800 a a 79 % 21% 28% *791 80 ."42%' :43 • *7'8% 79% '762 % 62% 1774; 16 3 80 7 1534 16% 2,800 147 *146 145 144 16% 16% 17 ', 144% 144 143 14 16 5 a 2,600 39% 38'% X36';; 143%, 9,300 39% •>o I 391, 385k 18 81 80% 27 78 , 4914 32% 281,» 23 1.7 V, 81 78 271 7 1 142% 1434'-,' 10% 16%. -81 82% 69 70% 53% 53% 30'/, 30% 19% 20 36%, 37% 31% 17,800 79 27 77 % 27 49 77% 27% 491U 1% 39% 39% 59% 4% 2274 Jan 2774 Apr 5014 37%; 74% 94%! *81 5:; Burlington Industries Inc com——1 10 May 8314 May 13 83 49'4 *82 ... 5 preferred—, 2 74 Jan - —5 common 16 76 83 49% : 83% 83% 83% 5,900 95 94 94 93 74 *82 133,500 49 48% 49 48%. 48 95 i«J,7« 11V* 21 —No par par 18%. Sep 1674 Dec 17 17% 47' RR— par 2 787:4 Oct . 1—No Pipe Buckeye Jan 80% Apr 26' , •49 1-% 39% 39% 58% Bnmswick-Balke-Collender—No 10 3 177 a 94% 55% 38 •, 16% 77 1 Forge 6474 Jan 41 17'% *51% Buffalo 67 407,: 1514 43 3; 21 2 41 151,, 15% 40%. 157„ 47% '201 27,600 407i, 24% 25'% • 9,400 97a 97a 97k 914 , 13,800 170,500 40 52% 3774 Jan 62— Mar 10 10'« 9% 10',, 40% 52% 94% May 27 68% Jan 4 42% 1 12 15% a 8 10 14 3 15% a Jail 70 Apr 6274 Dec 37 14% 9 327» Apr 25 367a 14% J 35 41 *92% 37 A 800 300 23 *22 " 63 3 V 39 38 16% 19% 73% x22% 22 7a - 3,300 36% *52% 83% *82 38% *40% 18 V, 147a 48 % 61% 59 _1 86 177a 15% *82 *95 96% 27% ' 2814 100 2.50 86 1874 3711, — 94 ;. ■ 85 37 47% 50% 36%, 36; 47% 48 52 52.%.; '-'197 200 ,: , 800 16 2., xl5% 56 19,300 37 % 10 53:%,*;. 26% 26% 5,100 23 39% 64 35 130 a Xl7% ' 14%, 64 35 53 ,. 20% 35% -'9%. lO'/a 36% V 39% 15% 16 46% 4.7% . 93% 94% 83 03 .r 48% 49% 1 84 19% '22% 23 15'% 351 —3 8174 82%' 61a *15% 85 15;'ii 83', 15% 82 6% 13% 6 15-4 19:%, 15% 82 7a 15% 6% 15% 15 'a 80% *79 6% 0% 6% 6 7a 521 90 Mar 26 800 58% 44 7 10 Feb 82' 874 CI'34 123% 24 5G 82% '51% Oct 63 81:% 42 la 33'4 Dec 2 81 >:157r, 43% 2 3 12,200 82 45' a' % 58% i9 Corp——13 preferred*^— Jan 2 85,000 10% 10 45 58% —No par —; 27 Jan 32 74 10% 457a -813 4 45-% Brown Shoe Co Inc15 17 22% Jan 90 3 I'll, . 10 45 'a •1 250 5974 - 2074 Apr 30 7014 Feb 27 4674 Dec 28 32% 32 4 4% 2,600 . 58% 07 a -—3.50 Briggs & Strattori Corp l-_—3 Bristol-Myers Co common—__2.50 When issued—— 442.50 37474 preferred loo Brooklyn Union Gas ... lo Brpwn & Bigelow a.' —— — 1 6574 July 10 40 53 7'a Jan 32'a i 4431 Briggs Manufacturing Co 8 1214 Jan 40'% Jan 317a Airways Inc——2.50 Bridgeport Brass Co common—-—5 4%% convertible preferred^.—50 44% May 25 5374 Jun 8 74 May 12 18 2,600 ^ 58 % Branii'i' 1774 Mar 13 45% Jan 13 74 Sep 25 Va Nov 5V<> 6 27% Jan Jun 1174 Jan 1274 Dec 10 27% May 21 3874 Jan 6 21 3274 Oct 23 2 18% Apr 6% Jan 31%, 79 Co Maine 5: Common 5 1574 Jan Mar 26 76 3., 83 .'No par Amcr_2.50 3%%, preferred-—! 24 Boston 7% Jan 103% 7634 81% Co 10 Bliss & Laughlin Inc..2.50 Bliss (E Wi Co —1 Boeing Airplane Co .—a— " „_5 Bohn Aluminum & Brass Corp——5 Bond Stores Inc _ .—..1 ' Eook-ol'-the-Month Club Inc^—_1.25 Borden Co i. 115"" Borg-Warner Corp comniou^.—,.5 May 14 39 Va Dec 60% Jan 55'a 103% 767a 85% Blaw-Knox 21 18% July 28 58 >/a Oct 30 2 77% 46.7i« Black & Decker Mfg Co 1 2 25 14% Jan 55 74 104% i% 77 44"%; - 9 17% Feb 21% Jan 127/s Jan 34 y« Feb 10% Jan 1. 56Va July 10 30]'4 Jun 18 2474 Mar 31 11 Mar 23 59% July Jun 6% Jan •6 1 43% May 28 49% May 11 140 12 159% Jun 2 Apr 41% Apr 3G% Jan 34% Jun 2 3G% Dec 6 ' 557a 103 105 76% 1.900 11,600 41% Bendix Aviation Corp — —_5 Beneficial Finance Co common _1 5% preferred _^„50 Benguet Consolidated Inc -1 peso Best & Co Inc 1 Bestwall Gypsum Co ,_40c Bethlehem Steel (Del) common 8 7 '/o preferred — —J.TOO Bigelow-Sanford Carpet (Del) com„5 4%te pfd series of 1951———100 May 14 3 12 27% Dec 14% 55 % i 103 104 103 34%— 13% i% 14% 55' 55 % 55% 55% 21 % 34%. 1474 34% 14 14% 21% 3574 13 21*%% _ •; ■ 74% Dec 10 2 » 14% 14V, ' i* 44% Apr 18% Jan 820 22% 78 74 — 23% 11% 191 — 79'a 10% 45 3 4 „ 200 79% *22% '21% 30% Beech-Nut Life Savers Corp.. _._lo Bclding-IIemiuway —. 1 1 Bell Aircraft Corp—.: 1 Bell & Howell Co common———5 4V4% preferred—100 9 24% May 11 74% July 6 95v May 5 447 i; if'., 10 Beck Shoe (A S) 4%% pfd. 100 Beech Aircraft Corp—, ———„r Beech Ci'eek RR—_ ' !—50 9 Feb 84] 14% Feb 90 6 :74 80 ..10 100 .... 4%% preferred— Bcauuit Mills Inc———.— Bcckman Instruments Inc, 40% Apr 23 42] Apr. 10 43% Jan 2 May 19 28% Jan 2 36 July 13,100 46 79% *83 Beatrice Foods Co common -12,50 3% 71% cony prior preferred——100 7 Jan 83 29 July 44 178 40 Va Dec 2 Jan 18 29 Jun < 53 ; 200 9 Jim 104 10% Jan 2 18y« May 16 73% Jan 3 93 49 28 % Jan 7 Aug 22 47% Sep 174 3 Jan 38% July Feb 27 27 45% 44% 44 Baltimore & Ohio common — 100 4% noncumulative preferred 100 Bangor <& Aroostook Kit — l Barber Oil Corp——„ —10 Basic Products Corp . l Bath Iron Works Corp _lo Bausch <& Lomb Optical Co—lo Bayuk Cigars Inc.,. „No par 8 40! 1 Jun 8 45 20% 81 31 Baldwin-Lima-IIamilton Baltimore Gas. & Elec com—No par 4%% preferred series E, 100' 4c/o preferred series C., 100 S 89% Jun 50% July 9 34 % May 22% Apr 101% Feb 10 Jun 83 Feb 21 95 Corp— 70,500 11% 9% _l . 29% 21% 4 30' 20 prior pref ($1.20 > 28 % 46 77% ..20 1774 May 25 Conv 28% 45% ' Automatic Canteen Co of 7'a 58% Co 7 84% Jan 34 Powder 27% 58% comjmon preferred 29 41% Jun 86 common Austin Nichols common 9 Jun 8 5% Atlas 20.700 No par - . 78 58 % series B preferred 2474 Feb 16 2 7 74 Jan 13 37% July 8 27 16 7a May a Coast Line RR $3.75 July 10 86: preferred Atlas Corp 26 11 16% I' eb 27 5 72 % Sep 22 2574 Dec 19 ~ ' 4'% 3 8% Jan 16 68 7a Jan 8 8% Aug 1474 Jan Atlantic Refining 807a Mar 1 78 74 July Jan 15 90 7874 Oct 29 Atlantic 5374 Apr 17 17 27% Jan 34 Apr.15 6 62% May 25 Jan 77'1, 27% j 77 ..0.50 100 Atlantic City Electric Co com. 78 451 77 preferred.. 10 35 7a 77 7'a 20% 107 Topcka & Santa Fe— ——lo non-cumulative 35 74 79% 11 % 55% 1C 5.000 35%, 77%, 4 102 Common 23 Dec 28 74 Dec 2 17 y« Jan Investment Co..'—'. Associates 35 21 14 % 100 preferred 47r'i, 35 21% 34 3 series. No par 5 79 4 '73% 2,900 47 35 36 + Shares 47% 47 % 47%, July 10 23 21% .1 1st 5.25'1 79%. - Common Mar 31 a 45 % 25 % 2.50 common.—] Associated Dry Goods Corp-— 44 100 27 % a 11%. .1 — Inc ASR Products Corp 14% Jun 79% 76% *21 ——5 Refining Oil A; 35' 451 No par Inc 2nd preferred $1.50 40% May 19 11 1074 Jan Nov 19 46 V* 94% Jan 287'a Apr 2 —25%Maylr> 317a Feb 10% Aug Jan 29 2 1074 July 10 34% Dec 12 9 —19—Jan Dec" 30" 19% 17 74 Jan 37 71, 79% .5 1 - Industries Artloom 27 8 — Arnold Constable Corp Mar 16 23% Jun 8 F«*T25 IS ——' Co common July y the Week Friday July 9 4 6'4 46% 40% 26 % 10 __ preferred! $3.75 7 74 Apr 23 Jan 4711 77 "a No par . , Co Armstrong Cork May 25 7774 Jun 20 Argo Oil Corp., Armco Steel Corp 7 30% Feb -9 May 3574 Feb 17 90 May 5 22% Sep 29 27% Sep 2 7 Jun 46% 36%. Archer-Daniels-Midland Sales for PRICES Thursday July 7 July 6 Par EXCHANGE Highest Lowest Highest Lowest SALE HIGH Wednesday Tuesday Monthly STOCK NEW IfOKK AND LOW STOCKS Previous Iiif« ft . r Volume 190 Number 5863 The Commercial and Financial ... Chronicle NEW YORK STOCK EXCHANGE STOCK RECORD Range fur previous Year 1958 Lowest .10% Jan Lowest 19% Dec 7 41% Dec 17 37% Feb 10 46% Dec 39% Apr 96! 2 Jun 1 8 16% July 13 94 Va Apr 9 25 & Jan 2 39% Jan 13 32% Jan 2 38% Jan .. Jan 3 47 2 31 % Nov 20 28 13 43% Dec 19 38% Jan 103 12 July 38% Dec 3 29 20% Jan 19 % Jan •14% Apr May 13 ("76% Dec 11 72 Jan 40% July 10 2 5% Jan 1; July 55 Ya Apr 119% Jun 14 7 12 Aug 92% Nov Aug 28 101 Apr 26 7 46% Jan 5 12 7% Apr 98% Jan 12 41% July 8 33% JUly 7 125% May 13 2 30% Dec 16 27 118% Nov 5 117 4 Jan 16 29% Jun 17 Jan 5 81% Dec 17 78% Jan 7 38% Dec 15 38 Jury. Jan 2 19% Jun 9 18% Jan 2 20 22% Dec 9 9% Jun 21% Apr 27 Dec 31 13 Jan 5 22 Jan 3 52 Oct 30 41 Jan 30 53 72% Mar 19 78 Aug 8 71% Feb 17 77 ,44 ' 14 16 15 , Jan 7 19% Dec 16 18% Feb 9 28 Apr 7 33% Dec 30 30% Jun 24 93 Sep 17 31% Jan ; 17% 104% Jun 10 19 42% Dec 31 7 Jan 3 3 8% Jan 26 6 23 14% July 7 8% Jan 12 28% Jan 16 15% Mar 11 12 50% Mar 3 2 Nov 3 28 Jan 91 2 Jan 28 17% Jan 7 31% Jan 2 43 Aug 14 100% May 21 39% Nov 12 2 33% Nov 4% Jan 3 Jan % Jan 77% July 9 50% Feb Jun 9 99 35% Jan 20% Jun 17 33 Jun 2 Mar Cliadhourn Gotham 7 Chain 4 42% Jan Chance 5 23% Apr 13 19 27% Jun 16 36% Jan 5 8 xll% Jan 15 17% Mar 23 34% Feb Chcmway 18 42% Jun 66% Jan 2 Chesapeake Corp of 38 Oct 22 7 69% Nov 21 17 Apr 109% Nov 20 9% Mar 14 16 Sep 108 24 Jan 74% July 5 1 118% Feb 11 3 17% Mar 19 26% Jan 10 33% Sep 3 8 35% July 10 49% Nov 14 44% Jun 9 53 31% Jan 43 17 40% Feb 9 3%% 44% Mar 30 2 11 % Jan 2 45% Jan 10 12% Jan 2 Oct 18% Apr Feb 32 9% Jan 44 Dec 10 30 15% Oct 10 25 Apr 59% Oct 7 13 Apr Jan 26% Jun, 50% Feb 8 83 Oct 7 99 Sep 12 35% Dec 30 32% Jun 22 13 35% Jun 130 67 Sep 2 62 Dec 9 17 155 Nov 28 76 Dec 55 Dec Jujy 18 37% Feb - 25 95 Sep 22 59 Oct 8 34% Sep 15% Jan 32 10 64% Aug 37 Feb 5 Jan 6 Jan 15 98% Jan 2 134 97 Dec 12 64% 66 64% 65% 63'a 65 64 65 14% 14% 14?n 10% 10? 4 107;, *107a 11% 11 11 38 % 38 To 38?8 1,100 39 14 '/a 37% 38%. 37 14% 38 13,200 17% 79% 19,400 4% 13% 13% 13% 13% 14 Va 14 14'/a 78 77% 78 77% 78 4,700 6 52,700 5 76 4?i 77 % 5 ;*75% "42' par 1 22 1 94 94 40 42% 41% 42 5,400 \ 21? a 4 21 ?4 22% 21% 34% 22%, 34% 34% 34 7a 23% 34% 33% 42% 17% 18% 18 18'a 17% 18 31 32? 32% 32% 32 Va 33%" 34,000 14'% 24,800 13% 14% 115 No par 14 13% 14%, 13?i, 14 13% 39 39 39% 39? is 38", 39 72% 72 % 13% 39% :CJ9 25 *38% 727 a T3^a 73 ?o 74? a 74 .118% *115 118% 16% -114 16% 118% '115 17% 17 •>17 V* 17% 17% 33% 34 % 17Vi 17% 4,100 l5cl~60 34'% 34% 34 'a 35 Va 35% 35 Va 48 35% 48 35% 48 '/2 3,040 49% 49 50 Ry com 50'/a 49 49% 48% 48 41 41 3,200 16% ?V 9,300 34? 4 12,800 36 33% *31% 33 33 18 "17 2 24 25 Jun Full Chock No par g A, 2 7 27 32% *31?i 17 17 17% 1'7% *17 29% 29% 30' 1 29 % 30% 29 70% 6.9 71 70 % 717a 697;i 71 Vb 33% 34 33% 34% 34 34% 34? a 34% 84? it 84 84% 98 9'7?4 97% 44%' 63 5% Mar 20 12 Jun 38% May 63 Feb 136 % Jail 6 25 84-% 84: i> *97%- . 84% 98 *97' a 45% 45% 44%. 44 7 <•3%' 64%' 63% 63 7 a 63'a 64 "a 54:,.j 20% 54 20% 54? a 20 % 21 Hl'% 104 *101 % 48% 48 *47% 48 54 % 104 55 May 25 f«ouhr Ry Co com—log 1774 18 % 4,000 8574 857:, 5,500 *152 160 *152 160 *152 160 *152 *78 83 *78 83 *78 83 *78 47 47% 94 . 78 47? a 48% 4774 48 95 95 94% 95 94 95 94%. 95 62 361 36% 53 . 61% 61"« hi 36' 1 ■36%. 38% 37% 38? a 36 53 52% 52 52% 52? 133% 7181% 98 134 *90 —No par 147% No par -T000 comfaon_. —1 2 9''a 40% 73 78 par 27% 27' No par 27% 29% 28% 49 % 501 49% Intermit'] Corp 148%. '-'147% 149 147% *1000 13? V 69 48 34% 23% Jan 2 32?a Jun 33 Dec 10 30% Pet, 9 467'a Jan 3 65 Oct 24 2 15% Nov 20 57'% Dec 30 54?4 Jan 14% Jan 14 10% Jan 41% Jan ~2 96 12 106 May 105% Aug 20 112 Jun Sep 4 Jan 4 Jan < 2 55% Jan , 2 64 5 95'/a Jun 23 20 105% Jun 17 112% Feb 8% Jan 2 6?'a Feb 10 14% Jan 18 11?^ Jan 14 Nov 17 43 Jan 2 44% Jan 65 Dec 31 Gl?u Jun 10 6 15% Jun 25% May 24 Sep 15 108% Jun 4 27% Feb 24 19% Jan 2 5It/ £ec J5 14V4 Jan 2 26% Dec 13% Jan 15% Jan 8 40 ?4 Jan 13 23 J/2 Jan 2 30 3 Seo 14 Dec 30 93 Sep Oct 2 Jan 86 Sep 27% Jan 99 Jun 3374 Feb 33% Feb 23 V, Jan 7 10 2 40 Va Jan 2 81% Oct 30 For 19 22 2 Conde Nasi. Mills 8 footnotes Publishing Co—No ' $5 Corp Edison Con Sol 2 Of 27VaJulylO 5774 Feb 24 99 Feb 26 92 Jan 22 30% Nov 96 6 Apr 10 49% Der 31 Feb 25 60?k Nov 95 10 25% Jun 25 29?k Jan Jar, 23 44Va Jun 18 92% May 52?k Mar 89 102'% July 9 see 8 2 Consolidated Foods Gas Corp RR 107'% Apr 27 96 par 1 5 10 pfd_T-_100 _No preferred a100 Baking Co common—_5 $5.50 preferred Oct 9 21% Jun 18 23V«Apr 20 5% 26. 34-"% ' 60 ' 37% 35 35 13,700 367« 373« 37 37'a 63 64'.:, 64% 67"4 7,100 15% 15?a 15"I, 14,800 58% 59% 15V»„ 15% 58?5 59% •" 59% 96 96 108%' 20% - 96% 96 15,600 1,000 96'.'4 570 107'% 18?,, . *108 108% 20 19 19% 7,000 8% 17% 13% 58% ' 63% 101% 109 19% ■ 8% ; ' 4,200 64 . " 35% 8% 18% 4,300 17% 8% 17',, 127« -T3% 59V4 127a 58% 63?a ioi?a 101 Va 64 8?« 19,900 13Va 8,200 59Va 60 63?4 64 101?4 .101% 14,500 2,400 2,900 38 38% 13,300 47?;, 4i% 8,000 24 ?a 24">i, 7,200 18% 18 ? i! 18% 18% 18% 18% 18% 27 27 27 27 27 27 27 Va 1,800 50;V, 5131, 50% 513k 51 Va 51% 51 6,900 51% 517-, , ' x50% 1,300 15?8 "a - 15:% 15 15 147« 147k 14% 330 35?4 16?o 95 Continental page 100'L 2,200 12,100 - 27 36 5 - 36 36 36»« 36 3G?k 35% 36 "a 10,500 56 56'. 56% 36 'Aii 56 56 ?k 557a 563% 9,900 96 fiG Vb 95 ?a 96 430 95% 95 Va 96'a 97 320 85 "a 85 85 26% 26% 26" a 94 3 a 4 95 95% * *95'a '•84 *14% 97 % 96% .85 "a *84 *90 49% 103 92, 49% 104 *90 49 26'% 26 ?k 92 *90 92 49 3 *49 49% 26'% *90 - 48% 1027a 103% 10 47" 47% 46 % 477-1 47 48% 47? 4 79 79 79% 79% 79% 80% *79% 2 common No ^ 267a par 15% 13% 15"% 15% 15'% 157k 25 22% 22 "a No par Tnc Copper 48% 24?k 26% 56 67% 48% 48 "4 26% 16- 18% 67 48li> 39 3 a 18% 35% 18% 67 24 "1 18 3 4 56% 18% 67 38?:; 18?« par 18% 48 210 47 V., 26% Industries 32,100 24% 2613 Com menial 11,700 22% 40 a 27% 16V4Marl2 4(;7« 2l,7„ 80 America— Common 2 58% 46% 22 100 48? a 247 96% ll34Jan 63 48"'a 24% 84 '4 7 13',a 58 39%. 477e 24% 84'4 Can 58 46% 50 2414 37% 49 24?k *95% preferred 59% *49 39 38 48% 8»% $3.75 50 46% 37% ' 1 - coin- 19% 96% Continental 147,900 21?, 18% 96 19*, 8% 18% 13 13% 56% 57Vs 63?a 64 xl00r% 101'% 94% 92 , par . •84 4% 100 5,800 a 483a 108% *95% 58?k Jan ' 6% ' 96 No par of 39,900 77 68 ' 59 20Va 8% No par Corp 40 46% . 22%, 37 , 109 20 8% 18% No par 12 6 Cnha 387 a *58% ,46.71,.' . 34% ' 34% 37% x37 $4.52 preferred $4.16 preferred 25 13 47'a 34% $4.50 preferred 44?k Jun Apr of 40% 1 *49 60 : *67 47-Va *108 1.33%" UHillies- Consumers Power Co - 4Ur'>V 18?',' 19 69 47 34% 96 Consolidated Laundries Corp_ Consolidated Natural Gas_ 78'/a Jun -J-No preferred '—— 2 May 13 % Oct 23 16 18?a *67 110 N Y com--.-No par Consolidated 6 99?4Mar 10 • . 59% 59% *58 20%. 20% 8 8% 18% 19% 13 13Va 53 57 63 Va 64 101% 102'% 10 1 Consol 19 *49'. 1 96 Consol Electrodynamics Carp50c Consul Electronics Industries _i ' Gl?4 Feb 25 23 43% 109 —1 Consolidation Coal Co Jun 30 100 —; 2 93% Jan 28% ]()() preferred 6 92'% Jun 58% 5859% Co eom-i_25 Complomcler Corp Jan 84 28% 59% Jan 28 28?,, 59%." 39 Feb 291 is 15% 25 Apr 21 28% 62% 32 Ap.r 25 29% 15% 52% May 22 ^9 ! 27? 63?V ' 13 Feb 26% 15?i 21 in] *9 9 77 27%. 62"4 preferred 120 *1000 27 15?+.• 33 217k Jan 13,000 26% 62?i- 12"- 15 23 150% 1 37% 5 25-% * l[148 % 78 13% 4.64% 9 25 1 ' 26:t ~ 77", 62 Cone Mar 4,300 38? 57% 12% Jun ni. 1 Congolumn-Nairn Tne_——...No par Consolidated Cigar Corp-_„ 1 • % 98 78 1'0 1 -28 52 14,300 134 40'r. 1 _] ConiinoiHvealth'Edisoi) 42?« Apr 29 50% July 2 1 52 % *90 1000 73 27% 27 a 39? 79 Commercial. Solvents 6 106% Feb 40% Coinhusl.lon Engineering Inc Commercial Credit"Co—— 2 ; 39% Jan ,34'c 193« July 3 58 .5 14?4 Jun 9 0 29 System- lnc-I 22 JaD 47% Jun 6 18"% May ! 39-a .79 151 90 150 36% *1327, 98 1 530 Ry— Columblnp Carbon Col—-—No par Container Jan 8% Apr & Southern •• 50 noncumulative cni/T? 29 tec 31 coin. Columbus A Southern Ohio Elcc 64% May 28 68% Jan 21 5 27 Iron A: 183a Jun 18 85 17 Fuel 20% Dec 29 May 15 48 Va Jan 92 18 100 Apr Alkiiiaii Corp.—l__No preferred series B.. $4:25 20 6 ^__No par Coluinbia • 38% May 18 .67% July 10 18% Mar 11 97'a Nov 21 48 7'/a Jan 4% Co preferred' 5%% Mar 23 Apr 101% Apr 9% Nov 26 16 Va Sep 29 a% Jan - • 5 29% Jan 101 Colgate-Palmolive $3.50 51% Mar 23 387a Jan 26 17 52% 124 148" 10,700 62 134 148?.'i 10 % 37 3574 *90 *1000 47%. 17 52 % a *617a *30 V, 37% 98 *90 68 - 36 "a 133 132% 98 Pictures. common5 preferred —No par . July 10 74 *36 01% 3? "4 61% 37% 38 % j 160 78 48 62 96% *152 83 47% 62 38',4 160 47% 47 94% 62 No par . 1,100 17?;, 85% |jrcferrcd„l()o Coca-Cola Co 24% Mar 23 5 12 48,% 17?« 46% 44% Jan 481% 104 85% 21% 65% Jun 48% 110 17% 46% 16 48 670 88 7 « 22% 497/a Dec 5,700 48 46%- 37% Nov 23,800 54% 47% % 22 73% Nov 28 55% 20 '4 55 Va 20% 46% 2 11,800 *101% 22% 19% 17 64 7a 21 22 May 23 63? 4 104 40% Jan -7,900 20 Va 10 30% 44'% *101% (his 31% Jan 433 4 21 Columbia 63 44% 64% 54%. 98 104 24?a Mar 13 9 19,700 84 9774 20% 1st pfd 100 Broadcasling Systeui-2.50 9 34 3 « 83% *101 % 'a Columbia Jun x34 Ytt ■ 17% '90 Colorado 17 91,200 86% i: 2% Collins A. 20 Va Jun 71 ' Colorado 30 6,800 17% —100" 28% Mar 11 23% Dec 22 400 297i, 89% -.100 30 20 % Dec a Electric Ilium eom__—15 Pcalmrly A, Co com 27 2 70 % 200 17% 17% preferred 27 2 % 87%. 2nd preferred---—- 43% Apr Jan 29 17% 7% 82 5 i, 87 4% 151 14 *16% 29 3 12,200 • 17% 16 9 Feb 33% 17 Va 19,300 84% 5 Co—— 27 96 Apr hi 45%"> 63 7,1 :No par — nojicmnidftt.lvo CJuetl, 98 ■45% .—JO __ 84 ' $4.50 preferred No par Cleveland & Pitts RR 7%-gld—_50 Special guaranteed 4slock—50 Clevlle Corporation _] 20 39 *84 *97% Coup—_-—No par Equipment Cleveland % ■ Corp.-— City Stores Co Clark CCC & St ■% Electric— Co Products ' 69% 11.50 T 'Financial City - 32% 34 a 23% — 2 34% 35% % 35%- . 1 City Investing Co ebminmi——5 •5 Vii'fo preferred __ioo 19 35%, *32% _____2——2—100 pioferred „_]00 Service "41% 34% Cincinnati Milling Machine Co.—10 26 27% ■ 35 41 25 — Gas 271 joo O'Nuts Corp. Chrysler Corp 28 Jan % 44 % Jan 16 13,100 35 3 4 65 % Feb 2 1-2% 118% 36 10.1 8 Jan 800 *115 118:%/ 737a 36 4 Jan 39 73 36?a 2 35 74% 35? 4 Jun 57 4 4,300 28?h 55% Jan 29 a '/a 81 31 8,100 18% 31% 34% 30 Oct 34% 18 '.1 30% 63% Feb 20 48% May 7 65 17,600 43 3 4 22 38 % Dec 1.300 19% 50% Mar 11 9 ' 421/4 31% 20 24 41:% *93 18% preferred—100 coin 94 Va 41?i 22 ' 41% 30% j ZZZZ_ 1 Z ZZZ5 common 94 42% 35% 24%. —1.25 94 x21% 42% 22% 42 22 % V,t 43 % 95 47 % Jan Jan *41% 2,300 42% 8 46 41% 75% 95 23% Jan 37% Dec 75 % 42% 15 6 5% 75% a 43% 30 43% Nov 5% 75 7 43' 'j 43 25 % Dec 20 5 77%. , 94 "■ 94 23% Dec 43% Jan 1.700 77% 18 24 14% 14 4% 76 14 •% .78 77 . 5 73 1% ; RR 15% 28 Coca-Coin Jun 10,000 14'i 10% 63 % 14% 65 % 14% 10% 39% "a 119% Feb 8 2,400 3,300 10 15% 35% Jun 19 77 July 10 21% Jan 7 86% May 180 43% 28% 38% par Oct 28 13% Mar 18 77 93% 43 35 ?i, Jan 88 93 *28% 44 ?a Feb 130% May 14 31 43' 30% 93 . 28 18% Jau 23 May 27 132% Dec 43 29% 93 2,800 34 89% July 9 22 66 93 42% 30% 93 32 3 4 43% 49% Mar 28 127 93 42?i 28% *91 % 100 5,700 32% 28 165 Jan 32? a 35% 27% Mar 20 8 Apr 24% Jan 32% 44 10 35 33%, 2Q^v 103 % Jan 9 46 32 7 a 19?4 34% 37 24 19 33% 19 43? a 30 30 Dec 19% 28! 47% Jun 53 19% 33 35 12 25% Dec 33% 78% 43% 4 %'■/, 2 32% *76% 28% 12 2 Jan 78% 34% 102% Jan Jun *76 % 20 42 12 61% July 76% 19% 27% 44% Jun 4 10 76%. 20 29 4%; preferred 76 80 Xl9% 43% Common 92 1,500 *76% 19%' 41% 16 11 3,300 52 3.1 Chicago Rock fs) & Par. RR—No par Chicago Yellow Cah -No par Cliickaslm Cotton Oil —5 21 30 106% Mav 20 18% 5%. proferred-scries A Chicago Pneumatic Tool. 17 72% May 20 1 Jun 18%: 52 600 32 4 152 18% 52 1,500 Jan 16% May 57% Jan 2,300 18 52 a 51,300 Cities 20% Oct 22% 18 53 19% *51% 70'% C I 2 22 ?4 177a ' 52% 80 32% 64% July 10 15% Jan 22? i 1.9% 53 7 13 52%. 76% 4034 18% Jun 17 Feb 22% 22% • 19% 70 91% Feb Jan 22? a *18% 317 a 10 15 22% 19% 40'% Jun 43 19% *18% 37'% Apr 37% Jan 10 102% Jun 19% % Zl Paul A. Pno 38% Jan 2 6,700 22 91 38%.; 39% *18%; 19% 52% * —40 97% Jun 14 5,400 39% 22% .89.. : 19 70 ?a 64% Jan Feb 89 ?4 39? a 88 % "40% 33 Va 19 45% Dec 89% 40 . 4o:,:» 52% Jun 102 91%. 39% 87 70% 63% Aug 11 17% Sep 2 17 123% 91 40% '18% 450 32% 27 14 *121 Va 40% 14 21 123% 70 46% Jan Feb 11,100 *121% : 33 ?« 59% Oct 27 10% Jan 123% 70 13 35% Jan *121% 32% Jan 102 123% 124 Yi *40% 44% Feb < 35,500 121% 32 ? a 22 „No par Va Western Mihv SI, 2 44 40 31% 40 % Chic Jan 27 39% 32-'% 70 8 22 95% July 8 106% Apr 22 44% Oct 13 83 40%. 32 Va 93 " 28 preferred- Cincinnati 28% Jan 93 39% 33'a 93 45% May 25 35% Jun 18 9 2 38 93 41 ?n 32"% . 32% 36 % Mar 26 27 30% Jan 93% 39-1 a 33% 31% 19 31% Nov 28 93% 41 40% 40% Nov 31% Nov 28 2,600 11,000 70 32% Jan 7 7 118 70 71 % May 22 2 80 6% 110% 31% 33% July 5 24 % Mar 24 27 118 7 121 69% 2 63 19 19% Apr 14% Jan *117% 7 117 30% 24% Jan 20 Nov 18% Jan 118 7 5% series A nonetim pl'd—— 100 Chic & North Western corn__No par 4 63% Oct 32 Jan *117% 500, 119 116% 42 ' convertible Great 5% 32,100 92% Class A Chic 23-% 620 Co- Corp East 111 23%. 29% Corp Chicago 16 25% Dec 18% Feb 7 Jan 30 23% 44?i 29 93r 19 Z~Zl Corp Chesaiieake & Ohio Ily 26 13 % Apr 25 Jan Motors 20,800 42 Alrcrall, Inc 29 Checker 59?a 41% Zno 21% Oct Chemetron 118 58% 22% - 58 ?« 44 "4 93 86% 9 50 Inc 89% Sep 15% Feb 12,300 57 Yb , *28% 32% 41 10 Vought 41?:, 45 29% Champion Spark Plug Co— Champlln Oil & Refining Co 9 40?a 3,900 29% 5 $4.50 prererred 25% Apr 17 41 ?a 105 44-'.'4 .92 % Corp Champion Pupor A. Fibre Common 24 103 40'% 40% 100 Co Belt 106 3,900 32% 85 hio Co 9 45% May 28 4 Aircraft 4,300 40% *18% par - 14Vb Dec 2 47% Apr 89 l Cessna 390 36?;, 29 23% 7 97% 36% 5 Corp Products Certain-Teed '■ 57% *117% 6% *96 % 1 Pasco 25 Feb 23 6 90 14 27 83% Apr 29 37% Jun 24% Aug 14 u"55% Nov Apr 16% Apr de 22-3% 117% 97% 37 _i() Central RR Co of N J Central ,& South West Corp Central Violettn. Sugar Co_ Cerro 23% 118: 40 ?b „50 _ Century Industries Co—— No 5 56% 6% 40% 93% 4123% 1 _ Central , 57 ' 116'% 40% :1% j preferred—-Illinois Public. Service 7 115%; 12,700 23,200 40% 105 29% 118 17% 56% 40?'t 44% . 22% 117% 16% 54% *96% . 42% 1 ; 17?: 55r,a 39 Z~20 Co___ZZZZ 5 of Georgia Ry coiri-.No 5 % preferred series Jf—; 41%! 44% 29% Shares 10% 30% 44% the Week 54% ' > 29% Friday July 1» 93% _100 Corp common.: 17% 54% 23% 115 10 : 105%.": 106-% 42 44% *29 57% 6% .7 109% 41% 44 V, 29 V, 11714 —100 ; V* 35% 106 42'% 237a 12.50 , 25 31% Nov 7. 46% May 11 30% July 9 68% Apr 15 4% May 29 54 52 34 17 37% July 9 12% Jun 29 43% Jan 28 14% Dec 22 2 1% Jan 39% Jun 23% Feb 1 98 :<35% 56 2nd preferred i— ___joo 4%% conv preferred ser'es A_100 4%% 40% x96% 107% 29 Central Hudson Gas &. Etee__ No par Central Illinois l.gt common No par 27 55% Feb 6% Nov 20 23% Jan 99% Feb 36 44 Central ; 38% Mar 23 23 96% 35% ' 1 common—__ preferred Central Agulrre -Sugar Central Foundry Co 20 48% Nov 16 24% Mar Jun 96 % " 99 42 —— 5% 4 29% Sep 12% Sep 7 Jan 91 41 7% Celotex July 8 Apr 28 Apr 40% i 41%- 99 par ; 3 28 Aug 28 60% Dec 17 Mar 21 41% Jan 12 ..22 41% 41% Celanese Corp of Anitu- c(iiji_Zno par When issued ———No - Mar 23 - 54% L-/U1 IJw-. preferred " Apr ,..23% Mar 16% 52% 35% v 9 44% Mar 20 7 2 UUJCUU preferred 4.20% 91% July Jan 17% 17% 54 106% 0 % c.'o 2nd preferred Z-— Caterpillar Tractor common 9 17% Jan '26% Feb 28 , 7% 22 121 93% Feb 2 2 119% Mar 16 83% Jan 22 17% 50 -No par Products.- Jne Case (J I) Co . 10 Jan 55% Jan 2 28 99 <v Jan . 26% Feb 17% —50 w Carter July 9 50% 10 10 Thursday July 8 17% a Sales fr Wednesday 50 5 59% July 10 6 Jan Caiolina Power & Light 27 31% Jan AND HIGH SALE PRICES 5 19 5 Tuesday July 7 j _ ___ 19 8 Jan 6 Inc_—__ Carborundum Co IVIomlay July 6 par , Carey (Philip) Mi'g Co ZZZZZZZlO Carolina Clinclificlcl & Ohio Ry_Ioo 19 Jun 48%-Jan 9 May 110% Jan 6 117 ,-Capital Airlines 5 41.% Jan 5 \ 41% Jun 23tf/a Aug 14 3 91 102 % Jan LOW YORK STOCK exchange 23% Apr 10 56 % July 10 52% Feb 16 15 v;4'6>/4 Nov 20 3 101% Jan 8 35 " NEW Highest 2 3074 Apr .24 ; STOCKS Range Since Jan. I Highest '102% 102% 104 - 92 • *90 49 V, 49% 102% 102% 10,500 92 49% 103 - . 2,300 290 33,600 48% 47% 48'4 81 ' 79 Va 79 "2 140 15% 15%. 157k 15% 36,900 22 22 *21% 22% 500 & Steel— common convertible preferred - *22 23 no 22 . Chronicle The Commercial and Financial Monday, July 13, 1959 . . . (166) STOCK RECORD NEW YORK STOCK EXCHANGE LOW STOCKS Range for Previous Jan 15 6 Jan 2 28% Jan Jun 25 39% Jan 7 2 51 14 37% Dec 34% Oct Jun May 20 50 Vz Jan 20 18 13 31 23 Dec 52 12 19 V'a 30% JaD 41 2 16% Jan 2 22 66% Nov 3 18% Jan 55% Jan 24 8 Dec 12 Jan 30 49% Jun 82 Jan 5 Motors 1 11% 11% 11% 11% 5 55% 56 % 55 56 -14 73% 75% 72 41% 78% Mar 10 44% May 22 Cooper-Bessemer Corp 33% Mar 17 Copper Range Co Copperweld Steel Co common 5% convertible preferred July 2 8 50% Jan 0% Mar 17 97 6 14 82% Dec 31 13 55% NOV 14 Feb 10 12% Apr 74% Feb 16 20% Jan 7 12 8 102% Deo 30 89% Feb 9 83 Oct 8 88 Aug 1 84% Feb 11 86 Apr 14 3 Va % Mar 11 89 Apr 16 Feb 4 88 May 12 3%% 85 2 24 V# Jun 10 Cosden 14% Apr 9 5V4 Apr 22 15% Jan 85 20% Aug 0 18% Jan 9% Nov 2 8 8% Jan 2 1% Jan 13 24% Jan 13 Nov 5 28% Jan 3 40V4 Dec 3 3 3% NOT 11 39% Dec 1 86 Jun 16 78 14'A Mar Jun 9 85 Mar 30 4 37% May 12 40 Mar 11 2 25% Jun 15 23% Apr 15 28% Mar 9 10 25% Jan 43% Apr 11 50% Jun 92% Nov 7 15% Feb 20 29 Dec 31 27% Jan 24 18% Jan 17 33% Sep Oct 12 7 23% May 13 15 114% July Jun 12 21% Jan 6 19-% Jun 26 37% Jan 16 17% 81% 14% 41% 16% Jan 22 Jan 20 21 66 9 7% Jan 2 15 Dec 3 10% Jun 15 Jan 7 69% Nov 17 68% Jan 2 0% Jan 2 14Va Dec 12 39 18 12% Mar 31 33% Jun 16 56 Jan 29 13 Dec 16% Oct 30 3 53% July 24 10% Jun 63% Oct 13 8% Apr 62 10 6 23% Nov 5 3P% Aug 27 35 30% Mar 6 37 Aug 6 40% Mar 3 63 V2 Nov 10 4 Jan Feb 16 25% Feb 21% Apr 27% Jan 14 Mar Mar 11 3 39% Apr Jan 18% Jun 20% Mar 2 8 9 41% Apr Jan 91% May 13 59% Jan 11% 11% 21,400 55% 54% 55% 25,100 71 V'a 73 Va 72% 72% 72% 72% 41% 42 % 41 41% 41% 41% 8,900 24 23V8 23% 19,000 48 11,GOO 54% 87 *85 89 '86 20% *87 89 *87 89 11% 20% 20% 23,100 11 % 11% 11% 3,600 11% il7.) 76 76 *75% 39 19% 39 2 *38% 39 V# 39% 39% 19% 20 V# xl9% 20% 25% 37% 26% 39% 39 39 V# "38% 51% 52% 91% 50% 49 % 52 % 36.800 77% *75% 77% 100 *38% 39 U *38% 39% 200 20 Va 20% 20 V# 20% 24.100 27% 28 % 28 28% 5,200 37% 38% 38% 13,400 20% 20% 27 V# 27% 27% 36%. 38 V# 97 37 7 a 40 39 39 51% 52 51% 52% 51% 90 V a 91 *90% 91% „ 90% % 91% 91 % 390. 31% 30% 31% 65,900 *110% 10% 112% 1,200 11 20 19% 14% 91% 32% 31% 113®1 111% 10 10% *10 V'a 11 10 V a 10% 14 V# *10% 19% 20 19% 20 19% 20 V a 19% 11% 12 11% 12*% 12% 13% 13% 69% 70 13% 13 V 13% 370 10% 20% 7.000 14% 82,900 - 400 71 *69 2,200 13% 36 13% •35% 13% 13% *35 36 *35 72% *70 71 13% a 36 *34% 36 111 71 71 ■70 13% 13% *34% 25,000 111% 30% 31% 53 90 Va 112% 113 400 40 52% 32% . ' 38 *39 V# 52% 40 *38% 113% 114% 31% 1,900 4 3% 4 *3% 48% *70 20 20% 20 20 Va¬ 4 77% "90% 88 130 85 50 loo preferred 85 3% *75 V'a 600 5.500 140 85 48% 4 a 14.300 55% 26% 26% 139% 85 77% 48 V 47% a 51% 3% 4 4 46 12% 12 12 12 *—1 __—1 ——25 27 140 27 139 V 87 20% 20% 20 V# 1()0 55% 56% 55% 27% 139 V'a *95 100 5,100 52 *50% 52 *95 55% 27% 138 *87 20% 55 % 27% *85 88 •'49% 100 46% 48'Y 46:% 52 140 139 85 48 *95 55% „ a a 47 V 100 27 V 28 V'a 140 23% 23 Va 23' *49% 52 *95 88 _i 5% conv preferred 25 Crown Cork & SeaFcommon 2.50 $2 preferred No par Crown Zellerbach Corp common 5 $4.20 preferred No par Crucible Steel Co of Amerlca._12.50 1 5%'A convertible preferred...100 Cuba RR 6% noncum pfd. ioo Cuban-American Sugar 10 Cudahy Packing Co common 5 4'%% preferred 100 Cunco Press Inc — 5 Cunningham Drug Stores Inc—2.50 Curtis Publishing common —1 $4 prior preferred——.——No par $1.60 prior preferred No par Curtlss—Wright common — 1 Class A 1 Cutler-Hammer Inc .10 6 11% 54 % 48% 85 — Crescent Petroleum Corp com 20 11% 55% 23% 100 preferred Cream of Wheat Corp 10 106% Jun 16 5 138 % 11% 54 % 23% 55 % 54% *27% 22,500 11% 47% 100 1 52 % •52 53% 52% 41% •49% 52 *95 53% 51% Week Shares July JO July 9 73 preferred series of 1947_100 Petroleum Corp 1 3%7# 60% Jan 6 98% Apr 21 32% Feb 24 9 90% Jun 58% Nov 20 101% Jun 25 Juri 44 37% May 27 16 41% Dec 3 39% July 7 29% Jan 21% Dec 30 49% 1 Coty Inc —— Coty International Corp 12 29% Dec Jan 12 24% 48% *49% (Del) Products Co Crane Co common 52% July 10 16% Jan 23% 50 50 -r the Friday Thursday r ' 42% Corning Glass Works common 35% Jan 74 41'A Cornell Dubilier Electric Corp 20.% NOV 28 Aug 18 7 23 Corn 59% Jun 1 30% Jun 22 140 July G 5 Jan 9 4% May 52 2 5 5 5 — convertible preferred Jan 33Ve Jan 24% Deo 53%: x52% Insurance Continental Continental Oil of Delaware Continental Steel Corp—..* 49 Va 58 V 57 Continental 20 26 13% Apr 69% Jan Feb 10 Ye 5 Mar 66 8 9 12 12% Dec G4 38% Feb 51% July Dec 30 63 44 Par EXCHANGE Highest Lowest Highest Lowest Sales f«r PRICES SALE Wednesday July 8 July 1 July 6 HIGH AND Tuesday Monday NEW YORK STOCK Since Jan. 1 Range Year 1958 35% 100 11% 12 11% 12 V'a 12% 13 % 13 V# 28.300 11% 64% 64 64 64 *64 04% *63% 64 03% 600 64 *22% 23 23 22% 23 11% *22 Va 35% 35 35'A 34% 38% 38% 38% 39 88 88% 87% 88% 72 72 V 90 23 23 Va 600 36% 36% 37V# 37,300 39 % 38% 39 1.900 86% 87% 85 86% 5,000 71 % 71% 36% 39 87% 87 23 35% *38% 22% 35% 39 . 12% 88% D 41 % Ajh 61% Dec 18 15 w 6 Aug 87 Jan 19 88 Oct 24 89 Jun 15% Jan 2 16 2 20% Dec 19 19% Nov 26 2 54Va Nov 11 6% Apr 7 10 30V'a Not 11 12% Dec 1 46 Feb 18 63% Deo 16 8 Jan ; 2 30V# May 2 25% Jan 2 Preferred 3.90% series C Dayton Rubber Co Decca Records Inc.—... Deere & Co (Delaware).. 100 50c 50e 33 May 25 12% Jan 9 Delaware & Hudson ——No par Delaware La-ck •& Western. .50 Delaware Power & Light Co...13.50 Delta Air Lines Inc— — 3 Denv & Rio Grande West Rit.No par Detroit Edison — .20 Detroit Hillsdale & S W KR Co..100 Detroit Steel Corp 1 De Vllbiss Co... 15 Diamond Alkali Co iu Diamond-Gardner Corp com... 1 $1.50 preferred 25 Diana SI ores Com— 50c Diners' (The) Club Inc..; _Il Disney (Wall) Productions 2.50 24% Jan 9 Jun 41% Jun 5 56 Jun 30 15% Jan 7 19% May __ 46 30 V# 29% 17% . 08% Mar 11 30% Apr 15 21 May 26 47% Mar 13 68 Apr 28 21% July 7 23 May 26 2 19 42% Dec 31 63 Oct 23 17% Oct 13 5 83% Apr 9 30% Mar 20 21% Feb 19 66% July 10 0% Jun 15 25% Dec 31 2 Feb 9Va Jan 100 2 78 Jun 30 20% Jan 2 17% May 12 47% Jan 8 27% Mar 30 57% Feb 16 1 — 55 Preferred 3.75% series II 12 Jun 74 13% Jan 37% Jan Feb 27 6 74% Jun 27% Jan *2. 81 2 Feb Jan 28 July Feb 16 July 6 Mar 18 Jan 14 Apr 10 Jun 25 22 13 77% Sep 19. May 25 91% 17% 49% 61 82 34 56% Dec 30 76% Nov 79 76 51 44% Nov 18 39% Nov 28 2 43 % Jan Mar »" 13% Feb 14 Mario 9 % Jan\ 30 Dann Cull) common — 1 3%% preferred series A 100 Dan River Mills Inc— -—5 Daystrom Inc 16 Dayton Power & Light common..7 Preferred 3.75% series A. 100 9 6 60% Feb 92 3 83 'A Jan 7 63% July Jan 13 Jun 15 Jun 15 Jan 7 6 37% Feb 20 32Va Mar 24 19% Feb 27 11% Jan 7 48% Dec 30 35% Sep 24 32% May 21 19% Nov 21 32Va Feb 25 42%-Mar 13 14 2 43% Dec 29 41% July 59% Apr 24 35% NOT 11 32% Mar 24 29% Mar 26 . Jan 25% Jail 14% Deo (i Va Jan 20 Sep 9 17% Jan 2 17% Jan 19 74% Jan Jan 22 20 2 12 May 18 July 9 Jan 20% NOV 20 19% Jan 59% Jan 21 27% Jun 17 22 Apr 7 77% Deo 31 74 V4 Jan 92% July 84 Va Apr 12 52 V# May 33 46% Oct 45 Va 39 9 3 14% NOT 18 Jan 11 Corp Dover May Drewrys Limited USA Inc Dunhlll International .... Duplan Corp 13% Jan 8 214 31 202'% Feb 9 Sep 29 112% Apr 21 Dec 100% Jun 23 80% Oct 1 91 % Apr 28 79 Jun 23 Va Jun 39% Oct 43 47 V# 24 50 Sep 26 41'A Sep May 13 May 12 48% Mar 11 8 July 25 50 V# Oct 28 51 May 21 24 53 Jan 44% Nov > 14% Jan 24% NOV 10 14 % Jan 75 V 13° 7:>% *74 75% *74 75% *74 % 76 80 *78 80 *78% 80 *78 >4 80 80 *78 36% x35 36 V# 35% 36 35% 85% 35% - 18',4 19% 19% 20% 30,700 01% 62 64 % 63-% 66% 65% 06% 25,800 31% 31% 31% 31 % 31% 31 % 31% 8,200 9% 9% 61 31V 9 V# 9% 64 % 65 65 32% 33 58 V 581 j 4 65 65 32 % 33 31% 32% 31% 81% 5,900 19% 20 V 43% 43% 20 43% a . 19% 21% 21 % 21% 20% x21 % 21%. 21 Vis 21% 01% 63% 62 VI' 63 02 62% 34 V 34% 34 34 V a 33% 34 30% 30% 31V# 31V it 31 19% 35,500 43 43% 17,300 , 61 GO 60 140 20% 21% 22% 31 19% 43% 60 21 *211 a 20% 43 4 60 *57% 59 V j *57 a 8,600 65 33 . 43 V 9,300 65% 9% 65 19% 43 V# 9% 65 10 9% 10 65 V i: 32% 20 V 18 V+ 18 18 Va Vk 61% 31% 19% ■ 12,500 a 18 61 .30% 42% .35% 35 "t"" 9% 18 1) a 21% 20% 21 74,700 21% 21% 21 Va 21 % 2,600 62 V# 62% 61V 62 9,400 33% 33% 33% 33% 4,600 *30%. 31% 30% 30% 19 V i 2,100 4 800 19'% 19% 19V# 19 V 19 19% 19% 19% 19 % 34% 34 34%. 33% 33% 32% 33% 32 33 % 82% 45% 44% 41% 43% 42 43% 42 44 43% 42% 6,100 9,300 34% 35 34% 34% 34% 34% 34 Vis 34% 3,400 34% 24% 24 % 24% 24% 24% 25% 25% 4,600 25 26 24% 14 V 13% 14% 13% 14 1,700 a 14'A 14% *14% 14% 14 V 19% 19% 19 19% 19 19% 18% 19% 19% 19% 20 19% 20 19% 19% 19% 19% 19 19% 45 V# 46 V it 19% a a 7,400 0,800 34,900 % 46% 45% 46% 45 V# 46 45 V t 46% 25% 26 V'a 25% 26 % 25% 25% 25% 2,700 26% 25% 26% 92% 91% 92% 90% 92 90% 91% 91V# 91% 30,100 91 41 41V# 23,200 26% 27% 45 41% 41% 41% 42% 41% 41% 41 41% 26% 20% 26% 27 27 27% 27 % 27% *12% 13 12% 13 12% 12% 700 13% 12% 13% 11% 12 12 12 V# 12% 17,300 12 12 V# 13'/a 11% 26,200 11% *81% ..50 *39% No preferred preferred 5 2 Ettgle-Phdier Co y Eastern Airline Eastern Gas & *39 V 2 259% 257% 259% 101 V# 101% 101 101% % 81 81 24% 23% 24 V# 13,400 40 % 40 % 40 % 43% *41% 42 150 82 81V 24% 40% *42 24% 24 40% "*42 500 70 42 400 *43% 45 210 42 42 44 2,400 43 Va *42 43% 44% 44 % *43 81 *41% 41% 41% a *29% 43 % *42 44% *43 256% 101% 40% 40% 42 *41% ..50 .. 2,400 1 GO Va 82 81%. 24% 24 V# 43 43 ..50 Apr 24 % *12 101% 101% xBlVa 82 24V# Va • 257'A 256 252 V a Xl00% July Mar 24 75% 75% *74 102 % 46 V# 8 75% 77 253% 57 14 33V# Jan 9.000 Va 100% 31% Apr 21 2 7,200 52 76 1 4% 48'A May 26 13 22% Feb 41% 51% 76% ...1 .— preferred 4.20% preferred 4.10% preferred $2.10 preferred DWG Cigar Corp.. 47 41% 51% 75% 252 $4.15 46% Jan 42 %Jun 31 42% 51% par $3.75 40 Va Mar 13 May 22 43% July 6 43% Apr 22 19 July 15 42 12 42% Feb 27 46% Jan 27 2 19 40 46 , 39% jun 42% Jun 41% Preferred $3.50 series .No par Duchesne Light Co commbn——5 3 26% Jan 12 42% 52% & Co— Preferred $4,50 series 7 86% Apr 41% 51% ...1 Common 106 17 41% 52 50c 262% May 13 Jan 40,300 41 a 70% '78 ■ 10 101 . 16% 5 — (EI) du Pont de Nem 172V# Apr 10T# "" 1.200 71 89 16% 1 Dresser Industries 20 16% 75 V a par ... 28% Apr 24 14% Jan 6 28 89 16% 71 *87 87 34 V# No — * 17 75 ...1 Dow Chemical Co.. 72 % 89 16% '74 No par ..No par ... *71% *87 3 7 V« 51 % V 42 52 1 ... —— : 17 % 10% 41% 1 6 45% Jan 21 Apr 12 14% NOV 20 2 6 Vo Jan July 22% Jan 23% Oct 27 Mar 26 10% Jan 9 Dlvco-Wayne Corp Dr. Pepper Co Dome Mines Ltd Dominick Fund Inc Douglas Aircraft Co— *87 " 51 % Corp-Seagrams Ltd—i Distillers 15 29% Jan 23 Mar 23 16 19% Deo 31 JlVA Jan 15 13% Jun 4 36'A Jan Mar 31 22 12 26 % Dec 9Tit Jan 8 72% 89 71 Va a Va a 44 % 45 *44 45 *44 45 *44 *44 44% *44 44% ..50 43% *42 V'a 43% *42% 43% *42% 43% 43 % *42% *42 Va ..50 28% 27% 27 V a 27% *28 ~ 26% .__5 56 V 43 V ..50 — ... 27 27 27 28 V'a 800 - ;4. ¥ 27% Jan 29 V# Jan 30 43 45% Dec 19 22 V# Apr Feb 11 28% Jun 18 34'A Jan 21 May 18 24% May 7 30% Aug 14 82% Jun 4 73% Jan 85% Jan 23 30 V'a Apr 8 78 E Stainless Steel 22 V# Jan 76 Jan 22% Jan 86 Jan 2 Oct 59 2 31 2 37 9 83% May 22 37'A Dec 11 2 Dec Mar 27 95 17 20% Feb 14'A Apr 15 Oct 39 4 31 Jan 2 7 Va Dec 19 8% Deo 3l 26 'A Jan 2 40% Nov 19 6% Jan 2 11% Dec 15 2 39'A Dec 9 25 27 Jan 91% July 6 92% Jim 5 79%-July 52 July 6 Eaton 36% Jan 6 6 83% Jan 15 34 Feb 90 Mar 30 13% Jan 36% Jan 4 16 7 24 48 V# Jan 7 2 13% Jan 8 Jan 6% Jan 2 2 Apr 13 V# Jan 23 V7 Jun 22 29 38 Mar 13 80 18 88 Jan May 8 17 Nov 28 Jun 34% Jun 16 11 Mar 26 40 Mar 9 40% 40 40% 19,600 30 % 30% 30% 31% 16,700 82 82 82 82% 82% 82 Va 81% 82% 80 V# 28% 27% 28 Va 27 27% 27% 12,500 28% 27% 27 V# 28 3 # 91 % 90% 91% 90% 91% 90% 50,700 91% 90% 91 Va 89 50 2 *92 93 Vis 92 93% 6 2 70 4 60 Jun 10 63 14 19% Jan 2 55% Jan May Apr Co Electric Storage Emerson 2 30 Va Mar 12 78% 77% 51 51 51 *87 V 41 41 92 *90 48 . 4 4IV 3% Jan 2 DO 26 26% 27 27 V it X27 48% 48% 48% 48 V'a 48 a 48% 7 Vis 6% 44% 45% 44% 7 7 V# 7% 44% 45% 5 3 10 V# 10% lOVs 31% 31% 13% Jan 2 Jan 2 22 V# Apr 79 Apr 32% 66% 67% 66 V Empire District Electric Co Endlcott Johnson Corp common 4% preferred - 65% 65%» 21V a 20 V'a 20% 20 Va 20% 20 20% 19% 22 V# 24 % 24% 23% 24% 23 7 ii 4 24% 2,100 24 V 23% 24 Vis 33% 33% 33% 1,300 % 33% 33% 33% 33 33% 33'% 33% 25 100 8.50 84% 82 *81 83 83 81 82 80 37% 38 *37% 38 % 38% 38% 38 38% 13 12% 13 12% 13 69 % 69% 69 69 V *82 37% 11% 12% 12 V# 12% 12% 69 69 69 69% *68% 69% 50 63 63 *61 63 *61 63 -5 24 24 Va % 24 V'a 23% 21'A .20% 21% 21% 21% 5,600 48 % 49% 48 V# 49% 49% 40.100 49% 48 V'a 33 31 31 20% 32 7% 8 37'/a Apr 9 Fairbanks Morse 32 32 22 15'A Jan 24% Jan 9 89 2 Sep 11 2 19 % Dec 10 1P% Jan 9 2 33 17 30 V# Jun 26 footnotes see Dec page 26. 88 "A Jun 23 3 33 96 Mar Mar 12 26% May 35 5 Jan Fairchild Engine & Airplane Corp.l 1 Fairmont Foods Co common 47o convertible preferred 5 Falstaff Brewing Corp 9 Family Finance Corp 23 <ii 100 1 1 . x 8% 23% 8% 32 :84V'a "31 „ 7% 23 7% 23 V a 9 9 Va 8% 32% 32% 32% *84% 88 % 88 V'a 30 17,200 23 48 7% " 23% 21 49% * 63 24% 21% 1 40 260 2 ~ *61 63 21 V'a 46'A No par 260 3,100 41,500 24 20% Co *61 22,500 23% 3 Fairbanks Whitney Corp com $1.60 convertible preferred *81 100 No par preferred series A Erie & Pittsburgh RR Co. Evans Products Co 38% 1 13 7,700 # 21% 64 7 Inc 10% Jan 6,900 *24 V» 4 Corp 24 V# Jun a 9,500 43,400 10 1 Ex-Cell-O 3 06% 31% Eversharp 7% Jun 32. 66% 5 21% Jan 28 11V# 32% 8 29 Va Jan 45% 10% 65% 24% Mar 13'A May 14 30% Sep 11 43,500 6% 44% 5 Electric Mfg Co... <£; 7 6 7 ;t 31% 49% July 9% Mar 19 19,300 11%. 'a 2 2 12,600 46% 32 15 23 4 30 9-2 66 V 19% Mar Jan 10% 10% 31% 39% Jan Jun 45 V 31 Va 4 7 6% 6% 45'.4 4,300 49 10% 28 30 , 1,300 41% 28% 10% Deo 5 88% 92 *90 90 25% Nov 8% Aug 25 23% Oct 17 x40% 92 20% 43% May 41% 48 V 47 32% Nov 24 88% 41 25 V 2 28 3 *86 41'A 25 Va 10 Co 88 % "86 4 4,500 a 51 40% 89 77 V 88% *87 48% 25% —5 Emerson Radio & Phonograph 5% 77% 51 V'a 89 Amer shares—. National Watch El Paso Natural Gps 79 50% 40% 390 93% *92 77% 51 % *87% *90 a 79 % 2.50 Co _ a 78% 4.100 1 * 93% *92 93% *92 2 79% 52 Battery Elgin 4 51% 100 Auto-Lite *81V 1 common Electric & Mils Ind Electric 77% 2 51 preferred Erie RR common 13 Va Jan 3 10 Nov 40% 30 V . . Equitable Gas Co 21 30 41'A 30 Stop Nut Corp of Amer 5 61% Oct ^ For 69% May 12 26% May 11 25% Apr 9 32'A Jan 13 , 28 % Jan 7 20 60% Feb 54% May 29 11 9 10 36% Oct 2 44% Jan July 10 9% Jan 2 90 2 26'A Jan 49 38% Apr 30 2 Products Elastic Jan Jun Ekeo preferred 4%% July 10 39 a 8 79 24 May 14 28 V# 30' 16% Deo Dec 41% Jun 92 Mar 20 56% Deo July 21 40% 30% 10 Co Manufacturing 4%% May 15 14 2 24 89 46% July 10 17% Jan 56 7 41 % 30 V# Edison Bros Stores Inc common 6 6% July 8 38% Jan 14 9% Jan 7 Jan 30 56 40% 30% Eastmiyi Kodak Co common $3.60 preferred— 56 % Jan 4 Ve Jan 29 56% 40% 30% 100 2.50 Corp 75 Apr 16 88% Jun 9 38% Jan 56 % 40 V# Asn com prior preferred 4 % % Eastern 56 1,700 57 55 V 56% 56 V'a 1 10 10 , Inc.. Fuel 24% 25 25 25 % 30% 31 30% 31 7% 8% 32 V 7% 23 V 23 4 *84 x25 30% 23 22% a 1 32% '500 65,700 2,600 8% 23 V# 32% 8% 33.200 32 V# 32 V# 2,700 23 8% *84 *84% 88 25% 25'A 25 31 30% 30% 88 33 23% 7% 8% 8% 32% *32 . % 88 25 25 3,400 30% 30% 3,800 Volume Number 5863 190 . . The Commercial and . Financial Chronicle (167) NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS l'ear 1938 43 55 May 19 3% Apr 11% Jail 32 K»nj Highest Lowest Oct Since Jan. I e Lowest 13 49% Feb 9 5% Jan 6 64% Mar 13 22% Apr 24 Fodders 55 18 47% Feb 63 Federal Mogul Bower Bearings Fedoral Pacific Electric Co Federal Paper Board Co Dec 10 10 % Apr 30 July 8 Mar 9 Aug 21 21% Jan 2 297 52 Nov 20 44 % Apr 8 56% Jan 26 Jun 27 23=,a Feb 26 29% Jan 57 Dec 30 21*4 May 26 6 50% Feb 107% May 16% Jan 23 % Mar 13 17% Jun 16 30*4 Nov 17 27% Jan 8 52*4 Dec 16 67*2 Dec 31 4 45% Feb 55% Jun 22 24 To 20'-j Jan _ '47% Feb 10 16% Apr 25 38% Apr T 24*4 Mar 14 15% July 10 37% July 6 49% July 29 82% Apr 1G 100% Sep 26 55=8 Feb 14 136 Dec 104*4 Jun 8S NOV 10 125% Jan 5 101% Jan 22% Nov 21 67% Mar 10 13 10% Sep 29 31 3 Oct Jun 94 4 112 % Dec 3 106 July 10 26 Jun 9 Jun 15 Apr 3 3314 July 18 257%Nov*28 19% May 40*4 Sep 10 34 96 Mar 17 88 30 Jun July 7 24 9 44% Jan 16 151 Mar 11 19 2 117% Jun 1 31% Mar 53 July 5 9 27=o May 29 43 93 Mar Jan 9 8 2 35% Dec 31 26% July 10 35% Jan 2 7=4 Jan 2 17% Dec 31 13% Jun 24 17% Jan 2 46*4 Dec 40 52 % Jun 29 100 Jan 2 89 Nov 10 35*4 Apr 37=b Jan 7 18 180% Dec 24 95 July 170 87 1 Feb 9 16 212 July 10 95 Feb 0 Mar li 2nd Fair Stores 4% convertible Mach 3%% & convertible 2 80% July 10 Ford Motor Co 22 21=4 Jan 2 Jan Nov 19 19% Jun 29 39% Oct 2 33% Feb 9 14% Sep 24 15% Dec 22 14 6% Jun 25 5 27% July 9*i Jan 14% Jan 2 20*8 Dec 18 18% Jan 28 70 Jan 24 69% Jan 2 Dec 13 49% May 12 12% Jan 21 19=8 Feb 20 37% Apr, 22 27% Jun 30 77 26 Feb Mineral Jan „'S24 Jan 4.0=4 Jan 2 22 207% Jan 14% Dec 0 2 17 12% Jan 28 48 July Dec 16% Jan 2 May 11 24% Mar 17 45% Jan 12 51% Mas 17 5% Jun 9 4 46 Jan 19 2 38 Feb 9 ' 32 Jan 17 27 Jan 2 51 *4 Dec 45% Dec 39% Jan 3% Jan 2 7% Oct 22 5% Jan 7 24=4 Jan 13 Oct 22 37% Jan 2 17% Nov 12 31% Jan 17% Jan 8 14*4 Jan 5 19 % Mar 3=a Jan 6 7% Nov 20 5% Apr 13 52% Apr 26=4 Jan 34 Oct 34 27 56% May 21 50% Jun 11 8 8 Ifcur 9 19 42 Apr 9 64% Jan 19 15 36% Feb 2 15 102 24*4 Feb 25 40 Apr 18 % Sep 9 94 July 6 96'% Jan 7 125 Jan 8 14% Nov 141 American Jan 28 9 30*o Apr 43% Dec 11 38% Mar 26 75=i J.un 25% May Apr 67% Nov 19 Apr 7% Feb 79% Doc 29 57 29% Dec 10 8 19% Jan 24 8 5 Jan 28 53% Jun 9 74% Feb 31 13 79% Dec 2 74% Feb 2 22% Dec 18 16% Feb 88 % Jan 2 60'.4 Jan 89% Dec 30 2 105 117 105% Oct Jun 3 104 52 Sep 19 33% Jan 2 Nov 6 45 117% Jan 6 Jun 103% Jun 17 23 Aug 29 92% t^jfl 22 80% Jun 8 34 Jan 44 42% Jan 7 37 4 6 Aug 25 41 Dec 19 Jan 20 May 27 4 31% Feb 24 May 26 2 Jan 2 21% Apr 52% Feb 7 037% Jan 31% Jan 15 6 Oct 28 §2 Jun 44% Jan 26 6 29% Jan 52*% Jan 2 20 5% Jun 16 £0*4 Dec 31 47% Feb 2 6 24% Jun 26 15% Jan 38% Dec 3 10 33 Jan 84 Mar 17 29:% May 27 9% Jan 2 27 6% 87 Mar 4 3 52 Apr 24 43% May 25 45%. May 11 11% Jun 26 Jan 2 29% Feb 3 29% Feb 13 GO Feb 2 34% Dec 31 35 Jan 2 7 50% Dec 44% Jan 15 12 90% Aug 1 90 Feb 9 275 Dec 15 258 Jan 12 91 Sep 9 2 99 Dec 4 98 Jan 2 2 27% Dec 29 27 Jati 2 Jail 3 64% 90% Jan 8 21 Jan 2 7 May 22 26% July 7 73% Mar 3 104% May 28 83 May 8 92 % Mar 26 415 Apr 23 99 % Mar 104 Jan 3 26 40% Jun 44% 17 36% Apr 28 54% Apr 24 53 Dec~29 23 71 Jun Mar 30 $1.60 $5 Rub Ultnbel 1 8 41 Jan 2 1 Jan 4=4 Jan 2 8% 9 Brothers 31 .47% Jan 3 15 Oct 5% Jan 46 S2 Dec 14 2 Apr Jun 56 38% Jan 83 3 July 9% Dec 24 59 Dec 8 11 15 . 7 74 May 5 8 15 182 Jun 40% Feb 53 4 11 13=4 13% 13% 13 = 13=a 13=a 51% 51% 51 % 52 517 a 52 50=4 51% 210% May 28 2 48 22 7 39% Jun 26 26% Jan 2 84% Mar 55% Jan Union 80% 105,400 197 k 207 k 20,900 357k 35% 7,400 7% 8% *8 8% 8% 2,400 *70% 1 50 Atlantic & Pacific Great Western 47% Feb 80% Jun 87 17 May 3 5 7% Green 1 Iron Ore Ry 16 1,100 29=4 29% 30% 30 30'% 30'% 30% 43,900 27% 26! 4 27 26% 277 k 26' 4 27% 88,200 721 •• 70% 70% *70*2 72 70% 70% *70% 71 = 4 40 24% 24=4 24% 23=4 23% 48% *48% 23% 24 % •23 7'b 22=4 23% -.23 7# *48% 30 29% 30 29% 54 % 54% 53% 44'i« 45% 44*4 44 % 17% 6% 6% 6=„ 33=a *32% 33% 17% 17% 18 34 94 94% *94 29% 29% 29 61% 63 12% .149 *9 37% ~8 23% 9,800 23=a 8,400 50 29 = 200 4 29=4 2.300 53=# 537% 4,300 44 ' 1774 44% 6,100 6=4 6',4 6 74 6 74 6% 5,200 33% 674 *33 *32% 337% *32% 33% 18111 177k 18'% 177 k 177# 4,500 2,500 a *6% 6% 614 674 6 74 6% 6=0 6% *42% 44% *42! 4 44'% *42'% 44% ♦4274 44% 33% */4 12% 38% 80 8% 33 55% 80% *35% 34 *94 34% 34 34 = 94=4 94', k 94»a 29% 29% 29% 29 % 29% 29'% 29% 2,700 62=4 6 4 *,L- 64 7 65 64 7 4 64% 6474 65% 9,600 127a Xl2'% 12% 7,600 33=4 94% 12=a 12% *94 347 M 95 2 12% 15174 *151 9 974 37 3774 36% 37% 42 42 % 80 25% 26 8 12% 12% 151 9 9 *78% 26% 32% 34 % 150% 42% 251 44=4 50 6% 9% *78% 44 7 •23'% 29% 53% 22% , r 44% 149 42 44% , 29% 44 % 54',4 6% 23 = 4: 23%) 49 53% 29 7 4 54% *32 ' 49 49 29 % 6% 2 a 54 33 % l 237 49 8% 152 4274 *78% 26 9 80 27 8 874 1,900 39=4 6,500 42 7 k 4274 20% 9% 38 38 >787% 130 9 42 7-a 42=4 80 42'% 5,400 *78 (2 27 8'% 80 27% 8 3,700 32% 31=4 32 30% 32 7 n 30% 30% 6,000 56=ii X54% 55-% 54 55 74 53% 54%, 53=4 54% 57,100 81% 79% 8174 83% 84% 82=4 83=4 103,400 36% *35% 84% 36% 36% 8174 *35'% 36 36 35% 35% 91% 95% 94 96 93% 96% 96 98 95% 97 % 32% 29% 31% 29! 4 31!4 29-% 30% 29 74 30 104 103!% 104 % 106% 106 107 104% 105 105 106 53% 4,800 8 31% 31% 1% 50 151 150 9% 37=4 2674 8 152 4,400 ,, Xl03% 106 55% 105 83 83% 83% 15 *47 105 104% 106 55% 105 102'% *106 58% 105% 57% 10574 105 104% 57% 10474 - 10,000 22,200 104=4 104% 106=4 - 56=a 58% 200 *■ 106% 370 57% 305,500 105% 3,300 57 104=4 4,600 83% 82=4 83 83% 83 74 47% 47 47 47% 47%. 47=4 48 *47'4 47=4 500 1 •10% 41% 40% 41% 40 7 a 41'% 40% 41! 4 40 % 41% 9,900 1 39% 40% 40 41% 41% 42% 4074 41% 40% 41% 22,200 in 266,100 1 r> lit *32 5% 82 = ., 1,200 7a Hi % m S3 3a a;, 33% 33% *32 7 i. 337 % 33% 33% *33" 33% *59% 60% *59'% 60 7 5!) 60% *58=4 597 a 800 5% 5% 5% 5% 5% 5'/a 5% 57% 5'/4 21,400 50=4 1 33% 59% 82=4 60%•} 4 80 49 % 49% 49% 49'% 4974 49 % 24% 24% 24% 24% 24 % 26 25 257 k 2574 237-n 9,000 6.67 37% 37% 37 37% 3774 37% 37'% 38% 36=8 37 2,200 10c 49 15% 16 Xl2% *13! 9.809 13% 1374 13% *13% 61% 62 60% 62% 59'%> 60=4 607 k 60% 59'/3 1 28% 29% 28=4 29 2874 29',4 29 29! 28% 26'% *26% 28% *267% 28 = *25% 26%. *257% 267% 26 *257% 20 26 26% 1,700 1374 a 4 J28% 13 74 1,900 60=8 4,000 29 2,500 *26% 28% *26% 28% *26'% *25% 26% *25*% 26% *25% 25 25% 25% 25=4 26=4 26 ..10 B) 69% 70% 09% 71 % 71 % 72% 717 k 72% 717% 72 7k 76,700 92 94% 91% 94*:, 89 92=4 88 90 86'4 90% 14,900 7274 40,100 ; 83 %o 74 75% 72% *85 95 *89 100 *400 450 ~ *400 100 *93 93=4 *101% 1 35% 36 46 47=,i 102% 74 70=4 69 7 u 72 7 a 71% 70=a 95 *85 95 *85 95 *85 95 450 *390 410 *370 420 *370 # 420 93% *93% 93% *10*% 35% 102 % 102'% 10274 35% 35% 35=a 35 35 % 35 35% 4,100 44% 45=4 44 45% 44 74 45=,, 44 45 7 k 24,800 62 63 93 *93 93 74 *102'% 93 103 9374 *1027% 104 60 10 62% 63 62 74 63 62 62 74 X21% 22% 21% 22% 21% 23% 22'% 23 2274 227k 21,800 49% 49% 49 % 49% 49% 49 71. 49=a 50 74 49% 50% 12,300 47% *62 63 48 *94% 47 74 48% *94 96% 23% 21=4 22% 22% 48 % 4774 43 47% 21% 21% 21=4 1,300 217,. 3% 3% 3%. 3% 3% 100 *180% 1 10 3= 4 197 99% 151 *180 % 197 *180% . 3'% 197 *180'% 102=4 10074 101"% 12,900 151 151% 150 151 13,000 48% 50% 51 52% 7% 70% 197 101'% 40 10% 7,400 152''2 39 72 34% *180% 1,000 3% 37% 101'% 30% 7*8 7,100 22 100 = 4 % 10 49 7k 15174 49=4 33% 287a 48'% *21 = 4 152 39 5 197 257 a . 100% 49 % 5 3=4 5,200 3,600 548,500 150 39% 3 22 22% 100 38% 2T,i 48% 217k 47 7 a 9674 21% 26% 48'% 48%. 21% 47 *94% 22 2374 25 74 47% 21% 1 47% 96 74 21% 20'% 12.50 2% 10 7 3 10! 4 7 27a 10 6% *39'% 39 74 39% 51'a 3 39:% 52% 517% 53 42,400 27a 3 17,300 2% 10 10%, 10'% 7 7 3 7 10 10 1,500 6,600 4 G% 1,500 34 % 34%, 34 34 % 34% 34% 34 74 347a 7,200 72 71% 72% 71% 72 70=4 71% 70% 72 46% 6= 12,600 5 45 Tii 46% 46 46% 45% 46=a 46 46% 45 70 75% 76% 76*4 77 76 76 77 77 76% 77 1 12%> 12% 127 K 12% 12% 13 12% 13% 13'a 13% 11,700 1 411 o 41% 41=8 42% 42% 44 43: a 43 7„ 42=a 43=8 33,100 31 31% 31 31'% 3174 31=,, 30= j 25 45% 46% 46 46% 46'4 47'% 48 48% 48 = Nopai No par 55%. 55% 55=4 56% 56% 57 56'% 57 56 % Tea Co Prop__No par com Corp common preferred 88% Jan 22% Jan 2 30% Mar 30 Grumman 5% Jun 16 10 Guantanamo Sugar 4%% 1G a *42% Corp..__5 Greyhound 85% Jan 28 16 16 a 26% 24% No par Co Sugar 4 20 277 23% *48 : Co Inc 10 Jan *15 7 •> 1 Co.. preferred (II L) 16 % 1100 13 24% May 29 1674 16% 8% 27 * No par No par preferred 30% Feb 141 % 28 1 Grayson-Robinson Stores 25=% Mar 23 2 16% 8%. 9 * 27'% 27% ■ 12 30 16 8 .1 Northern Paper Co Jun 16 5 Co Northern 17% Jan 79 7% - Great 27*8 Jun 25 77% 370 78=4 98% Great 135 78 5 27 4 17,000 35'% 148% Northern 32% 20 7 h lo Gt 31 35'i, Goodyear Tire 8s Rubber —No par Great 31'% 20 Goebel Brewing Co Gold 8s Stock Telegraph Co Goodrich Co (B F) 3%% 31 10 59% Apr 11 76% 70 3174 87 20*4 Inc 31% July 54% Jan 29 31% Corp ex distribution—1 1 19% Dec 32% X87 35% Co 8 39% Dec 31% 11,000 *200 89'% •• 22 49%. Jan 146% Jun 32% 1,600 *38 22 45% July 2 5 88 1 Granite City Steel Grant (W T) Co common 6 88 96'4 7 4 89 22 % Grand 15% Mar 19 *200 89:: 21% 6 Mar 17 *200 90% 110 3.300 ! 35% Graham-Paige Corp common. 6% conv preferred Grauby Mining Co Ltd 10% Mar 18 *200 89 7,200 20 Feb 4 51% 212 « 4,500 89 7G7u 1 14% Jan 14 *94% 10 26. 14 j X46% 12 page 13% 51' 22% Sep see 13% 4 £2% Jan footnotes 27% Grace (W R) 8s Co 131% J ah For 26% 47% Oct Apr 26% Dec 10% Jan 27% Gould-National Batteries Inc 7 Jun 19 31% Dec 16 26% July 10 34% July 72% July 8% Jan 13 103% Jun 1 154 July 2 20=4 Jan 7% Dec 28! 4 96% CI 17% Mar 20 27% 22% 31 1 28% *88 20.1V; 35=4 common 51% Nov 17 17 Apr 30 30% Jan 2 27% 47% Globe-Wernicke 41 28 28 *95% Glen 8% May 6% July 2 27% 5 24% May 20 62% Nov 20 Dec 88 5 28% July 10 50% Jan 27 32 48% Jan 88 No par 7 42% Apr 1 2% Jan 27 Oct~13 88% ' 22 35 % Jan 49% July 31 3 Vo Dec 3 88 % 7774 Co Jan 76% Jan 117% Jan 3 91% 19% Co 21% Jun 30 23! 4, 3672 *88 % 5 $4.50 preferred Gladding McBean 8s Co 81% Dec 29 36 91% 1 8 39% Nov 54% 22=0 37:% *88* % 4 27% Jan 124% Dec ;51=4 22%> 3674 10 27 2 53 227 a 3774 80c 92% Jan Jan 51% 22'% 36% 35% Co 94=4 May 21 24% Dec 22 53% May 19 Feb 12 52 22%. 75:% Corp Products 16 30 50'/a 100 21 69 51 19% . 15% Apr 9 28,600 1,720 22% 37% .__No par - 89% Jan Jan 15,300 367ii 100 Gillette 172 297 k 106 •22% 5 com -7 4-% Jan 28 29 % 36% 10 23 12 105'% 307 k 25 (scries 28 */4 Jail 3 % Jan 107% 2974 22% 2 Electronics.. Inc Alden " 50 100 100 % 107% 30! 4 36% preference Glidden 49=i 2,600 20,000 87% 10 03% May 48% July 96% Apr 44 48 11 38=a *87 35% lOc 8 21% July 7 13% Apr 29 29'% 107 a 3774 a 19% Time Corp Oil 106=4 29% 10" 39'% 87'% 35% Castings Corp Georgia-Pacific Getty 108% 28=4 107a 3874 *67 g preference preference Gerber 36,000 31% 75% conv 5%% 107% 28% 100 preferred Genesco 25% 2.50 General Tire & %% 25'k 4,600 "22% No par Utilities preferred $1.30 preferred 4%% 108% 27% Iio $1.30 4 108% *103 1 100 preferred 8s 10,000 10% Refractories Tele 20 66% 87 General Telephone Co of Florida— $1.32 preferred 25 Gonl 103=a 39% Railway Signal General Realty 8s Utilities General 151 65', 2 10% Public Service General Steel 149 103% 87 —50 •3 convertible preferred. General 149'% 39 *87 >103 13,100 104 87 com L. ... conv 147 3974 Equipt Corp Rights 147 10% Precision General 145% 37 Cement 44% Mar 18 July 10 14674 147 39% Advertising 20% Jun 23 175 1467a 145% 1,100 87% Portland 36% Jan 16 38 39 % Outdoor 15 157% Jan 377 a 5 Preferred $3.75 series 10 3% May 15 38% a 10% General 14 2 37 7 No par 30% Oct 2% Jan 3«% 1 49% Oct 5 37% No par 39% Dec Dec 38% 5 Corp 3 7 47 37% 5 10 9 38% 10% * Corp 23*8 Jan Apr 5,400 100 33% Apr 21% Jan 28 157k 25=a Issued 4 20*4 Jan 15'% 100 Public 11 84% Jan 15% 25 General When Nov 3 15% 2574 General 27% Sep 2 1574 50 preferred General 62% July 26% Jun 24 25% Apr 28 $5 6 31 Feb 15% _i common 55% Apr 7 Jan 15% 25 Motors Corp common 25% July 10 39% Feb 18 2 Apr 29 157 a 25% 10% preferred General 2 79 16% I—10 Corp May 25* 60% May 6 5% Jan 15 37 12% July 83 7,200 15% 37% 25 —_ Finance Finance General 25% Jan 129 517% Nopai Mills 3 7 46% Jan 16 5174 25% common Cigar Co Inc General Foods Mac 4 16% Jan 5174 24% 1st preferred 58% July 112% Mar 16 27 Baking Co General 114 30 22'4 Apr 43'% 51 65'%' Instrument Corp. 24% Sep 28 43'% 5174 6474 com General 28% Sep 2 43 50% 66 coin.. General 47% Dec 14 Inc May 21 3 Jan 43'% 50% lU* General Dynamics Corp General Electric Co 13 Feb 43% 49% 42 65 General Controls Co 5 17% Jan 25 42% 51 = 8 62 of Texas—a Transportation—1.25 Contract 12,500 42% 61 1 39 % Mar 18 32% Jan 23 4% 4,100 49% __i $8 preferred General Bancsliarcs Corp General Bronze Corp General Cable Corp coin Gen 5,000 19% in 6% convertible preferred General American Investors $4.50 preferred General 667% 19 4 19% 43% No par 66% Jan 40 83 27 10 45% May 11 66 7 19 10 98 July 9 38=8 May a 120% May 25 Mar 25 16 May 19 10=a Mar 25 42 7% Apr 84% Apr 21, 30% Jan Jan 4% Jan 48 34 ',% Dec 18 26 153 65% 1 Indus General 138 65'% 1974 43% IT—"2 14% Jan 22 Jan *22 4 *103 I IIIII Industries 16 9 Apr 29 66 22 7 65% convertible Amcr 7% Fob 55 100 65 Amer Oil Co 34% Jun 14 227# * 9,100 15 Corp Wood General 5 9% Nov 10 227a 5 General 7 93% Jun 27 22=i, —No par 22 9=a Nov 7 *22 2150 Co 67% Mar 11 38*4 Nov Jan 22% 104% common 39 Dec 7*4 Nov >22 05% preferred 9 19*8 Jan 75 22% *22 65% —— 12% Jun Aug 25 4,000 63 \ 28% Jun 25 7 8,400 45=4 .100 51% Feb 9=« Jan 28 44=4 No par General 31% Jun 11 27=4 45% 60% 104% common.. 3 36% Dec 28, 44% 2 50 Feb 67% Nov 26 27% 4574 65 preferred General Acceptance Corp 2 28% 44=4 No par 100 4 7 28% 46% 39% 1 Co 4%% 63 28% 45 19 Gardner-Denver Co Gar 59 28 46% 1 convertible Garrett 63 58% 28% 19% Co Ganible-Skogmo Inc Gamcwcll 62'% 57=4 *103 preferred 27 9 13,100 100 Co Fruehauf Trailer Co common 31 19% 46% 6.25 Freeport Sulphur Gabriel 17*4 Nov 17 35 33 18% 65% G T 19% 19 19% Franklin Stores Corp 4% 18% 57 ± _.... Foremost Dairies Inc Foster-Wheeler Corp Francisco Sugar Co 2 4,700 4,500 1974 56 27% ..100 50% Jan 25 8;% X64% Corp preferred 2 Jaii 8=4 58' lo 3%% preferred 45% Mar 8% Jan 8% 20 preferred Che in 1 Foote 8% 66 Inc 30% Jun 5 56% 8% 5 2 Giant Markets Food 19% 58% 8% 19% $4.20 divld pfd ser of '51 Food 57% 8% No~par Inc Shares July 10 19*8 5 com pfd 52% Aug 11 50% Dec 31 25*8 Feb 54 July A the Week Friday July 9 58 common conv Sale* far Thursday 19% 1 Florida Power Corp Florida Power & Light Co Fluor Corp Ltd Food 58 8=4 65% 3 Co PRICES 58 Paper Prod———No par preferred 54.50 56%. 2.50 Firestone Tire 8s Rubber 4%% preferred $4 9 __iq Flintkote 1 58% 8% SALE July 8 19% 25 Fenestra Inc Ferro Corp 13% Apr 28 Feb 58 HIGH Wednesday July 7 Zl common. preferred Federated Dept Stores 44% Jun 89 Tuesday July 6 5 4.60% First National Stores Flrstamerica Corp Firth Carpet Co 12% Jan 35*4 Oct 27 2——1 Fidelity Phenlx Fire Ins NY Fifth Avenue Coach Lines Inc Filtrol Corp 2 5 Corp Fiberboard 12 22 Jan % Corp 57% Mar 20 26% Jun 5 Fa wick 69% Mar 11 19% Jan 80% Jan 87 Jan 7 103*'a Feb 43 17 43% July 6 86 16 32% Dec 29 66% July 10 25% Jan 19 14 20% Jan 9*4 Jan 37% July 10 65*2 Dec 107 % Dec a 60% Jun 26 12 1514 Apr 25 4 5 16% Mar 10 22 10 = Metallurgical Corp 2 16 197a Jan 15 Fansteel par 0=4 Dec 13'i Apr 29% Jan ' Monday EXCHANGE 17*/8 Dec 7 Mar 23 LOW AND NEW YORK STOCK Highest Aircraft Eng Corp 26% 26% - 31 7 a 30= a 4 31 50 57% 5,800 500 5,000 5,200 10,800 26% 26 % 26% 26=4 26% 27 26% 267 a 100 136 136'a 136*2 136=8 136'% 136% 137 136% 1367a 340 .1 28 28% 27% 28'/a 27% 27 7 a 27% 27% 27% 27% 11,900 3 23% 23% 23 % 23% 23% 23=, '23% 23=4 23% 23% 13,000 136 100 *86% *86% 88 *86% 88 *86r,a 88 1 25% 26% 2574 26% 25% 26 25% 26 25 % 26 1 5% 57% 5%. 574 *5=4 6 57a 18,100 88 *86% 83 6" 6 674 7,500 700 19 The Commercial and Financial Chronicle 20 . . . (168) Monday, July 13, 1059 NEW YORK STOCK EXCHANGE STOCK RECORD '• B*ngc for Ptevious Year 1958 Lowest . 14 May 9 28Vb Nov 17 25% Jan 2 52 Mar 5 75% Dec 22 71% Mar 0 Feb 101 25 107% Jun 10 Dec 129 24 Jun 9 Sep 19 30 Oct 90 95% Jan 10 99% Sep 25 90 May 29 „ May 31% July 83 % Jun 29 83 May 13 Corp 7(j % *75% 111*% 110% 110% 29% — 29% SALE PRICES Sale* for Friday July 10 Thursday July 9 the Week Shares *70 110% 30% 77 30% 77 30% 77 30% '77% 30% 77% 8,100 200 111% 29%. 29% 70% 110% 94 91 Apr Apr 9 May 25 100 1 99% Jun 3 44 '/a Feb 20 9 104% Mar 3 105% Mar 30% preferred™——100 100 $4.44 dividend preferred——w 10n $5 dividend preferred— 100 $5.08 dividend preferred 100 *83% $4.40 9 . _ $4.20 dividend 13 Jan .'—No par Common 9 89% Apr 91 , 102% July 14 100 Jun 13 109 *75% —25 preferred Oil 29% —No par Ohio RR com.No par Mobile $5 Gulf HIGH %0% 111% 110% 111% 28,700 Gulf States Utilities Co28 84 Gulf 30% Feb 17 70% Jan 22 127% Jan 22 July 0 Par EXCHANGE Wednesday July 8 Tuesday July 7 Monday STOCK YORK AND LOW STOCKS NEW 1 Highest iw»nge Since Jan, Lowest Highest - 4 31 Vi 83% 30% 83 Va 30% 31 84% *82% *89 90 89 89 91 *89 91 *89 *82% 100 100 102 90 *89 30% 84 *89 ' 91 *101 31 % 31 3? 84 89 89 dividend preferred— 91 *82% 88 V a 31 20,900 20 84~ 130 89 , '*89 *89 91 _ —- • *100 100% *101% 102 *99% 100% " 102 100% *100 101 % 101 100% *101 102 *101 102 210 — II 3 47% July 49 Ya Apr 7 Jan 21 G9 Aug 14 29% Nov 18 38 y* Jan 20 2 24% Dec 13 Ya May 20 Apr 25% Jan 3 Jan 2 99 31% Jan 2 26% Jan Jan 10 23 Apr Jan 6 19 5 6 1 30% Jan 1 44% Dec 30 25 July July 6 337i1 Mar 16 65 % May 45% 45 'a 45% *45%. 59% 26% 61 26% 60% 26% 60% 26% 60% 26% 61% 26% 23% 25 24% 24% 24% 3,100 99% 31% 54% 31 Vb *54% 97%. 97% 31% 290 10,500 600 — 4% convertible 6 — Harbison-Walk 7 52 Va May Harris-Intertype 447a Ji«n Apr 1 26 Va Feb 9 34 3G% Nov 18 Jan 5 17 7% Jan 1G 22 36 7 It .Tun 9 51% Dec 31 59% 597b 122% *122 Corp Harsco Corporation -.1 2.50 45% 122% 46 41% Mar n Harsliaw 6 l(r* Chemical com —1 Co 10 127ii Apr 13 39% Apr 20 Hat Corp of America common 79 % May Haveg Hayes G 38 22% Apr 25 12% July 14 43% Jan 2 32% Jan 2 15% Nov 17 12% Jun 19 G7 10 64 ?i Jan 2 Jun 25 90 Vi 27% Apr 14 31% July 10 30 Va Apr 16 9 34% May 11 377a Mar 13 Holme Jun 16 Va Jan 7 25 V Jan 19 108 % Jun 24 7 89% Feb 21 17% Jan G 30% Dec 12 23 y2 Jan 2 33% Dec 8 32% Jan 2 38 Jun 27 25 19 38% May 1 107% Oct 31 G1 10 Feb % Nov 10 Nov 118 20 84 35 50 7 12 107 a Jyn lnc 1 _5 Hercules 10' 19 06 Jan 2 80 35% Dec 36% Dec 31 34 Jan 8» 467(1 Apr 27 Hertz-Co 32 Va May 39 Va Jan 22 '35% 15% 74% 88% 11 Va Jan Jan 74 Jan 7 Nov 20 Sep 29 13% Jan 5 2 May 29 64Vi Jan 9 72 July ti Jan 7 108 July 7 40% July 2 21. 37 2 Nov 28 85 I7!) July 5 : 5 12 27% Jan 13 39% Sep 16 30% Apr 28 37% Jan 2 Household Finance common—No par 74% Dec 29 84 Jun 90 Jun 5 24% Jun 92 5 8 Jan 19 Jan 7 J air 31 8% Nov 20 2 81 Dec Fell 12 8% Jan 22 5% Jan 10 30 23 35 65% Jail 45% July 2 6 90 % Apr 9% Apr 13 Feb 22 9. Jun 7 26. 32% Apr 30 6 73% Jun 25 6 6 81 Juu 12 80% Mar- .2 85-% Mar G 13 92 Jun 23 96% Jan 75 20 12% Jun 21 Jan 82% Jun 22 29% Apr 22 49% Jan 21 97 V* Aug 1 S2 29 % Nov 27% Feb 2 39% Apr 29 53% Mar 9 7.5 Nov 17 65% Jun 17 15% Dec 18 11% Jan 15 14% Dec 30 13% Jan 8 63 , 13 53% Jun 24 Jan 22 16% Jan 26 26'4 July 10 40% Apr 14 13% Jan 27 20% Nov 17 18 Jan 5 23% May 18 72% Jan 17 87% Dec 19 87% Jan 2 93 2% Jan 2 6% Oct 20 20% Jan 2 38% Dec 3 35 Jun 25 7% Apr 21 38% Jan 29 13% Jan 2 24% Dec 1 19% Apr 22 237b July Oct SBV* Feb 11 50 *8% Jan 50% Dec 31 5% Jan 7 66 3%% Mar 17 Apr 29 9 as—100 100 preferred— 4% preferred. 4.40% preferred—- 30 • Sound S8V4 Jan 2 41 Oct 13 43 Oct 3 5% preferred series. A— Hupp Corp common— 5% convertible 47 35 Jun 9 40 Jun 15 42 July 22 45% Dec 2 51 23 42% Dec 2 •9% Jan 2 3 47'% Feb 38'% Nov 20 Jun 6% Apr 25 9% Nov 50 Jan 5 47 Jan 14 36% Jun 41 13 Jun 15 24 95% Jan 2 109 May 7 May July 6 101 Nov May 27 16? July 18 24% Nov 2 13 ~4~3 Oct" 29% Dec 8 21% Apr 2 151 Jun Oct 94 163 8 55 13 12 29% Jan 7 Dec 30 30 2 2 Jun 26 25 Jan 2 31 488 Jan 2 44 Dec 9 3 10£- Jun 11 33% Sep 78% Jun 15 28 Va July 13 73 Jan 7 95 Oct 13 Jan 2 13% Dec 31 65% Feb 27 122 y2 Nov 7 68 Sep 25 7% Jan §7% Jan Jan 13 32% July 14 '85 88 11% 22 Jan Jan 2 3 May 28 13% Jan 2 Jan 28 87% Jan 2 29% Jan 118 17% Feb Feb Dec 40 May 41% Get 4 18 7 30 35% Oct 6 33 V* Oct 17 13 Jan 10 34% Nov 14 10% Jan 2 33% Dec 94 16% Jan 2 58% Apr 69 Mar 20 33% Jan 37 Feb 2 10 32% July 2 3 28 Va Feb 9 33% Jun 15 36 Va Jun 19 33% Jun 9 26 Vi 37 9 23 45 Jan 15 123 Jan 23 Sep 3 20 33 Va Oct 3 20 90% May 12 82 2 May 7 Vi Jun 25 Jan 13 23 49'/a Feb 9 61 30 For footnotes 6eo page 59% Jan 2 7 97 2 8 46 Ya Mar 24 26. Jap 13% 13% 13% 13% 23% 23% 29 29 23% 29% 2,500 900 43 43% 42% 54% 54% 54% 55 44% '-45% 43% 45 85" 85 *85 23% 86 a 8% . *21% 8% 22% 21%. 27 Apr 21 597a Apr 27 70% Jun 81% July 1037b Feb 58 Jun 19 preferred 6 16 23 4,600 50 56 55:% 55% 2,300 45% 44% 86% 44% 44 % 44? a 16,900 86 % 86 % 87 8% 8% 8 Va 21% *21% 86% ' 8?« *21%. 22. 21 21% *38 39 1 39 32% 75% 84% 93 .68% 15% *29 8% 200 20% 6,200 100 39 32 7 a 5,900 75'% 40 75% *74'% *84 84% *91 93 66 '/•» 63 68% 8.100 15 14% 144., 2,000 24 23%- 24% 24% 26% 164,700 54% *54% 54% 5,900 20 % 20% 20% 91% 91'a 91% 220 6% 6% 71,500 36% 36% 36% 900 23% 23Vi 23% 55%' 55-% 55% 54 20?» 20% 20% 91% 6% 36%. - 32% 11,000 22 84 % 20% 92% 6% ,36Vi 23% *37% 33 210 8% 93 *84 *91 67 15 ^ 21'4 20% 20% 38 32% *74% 32% .*74% 75% *84 84' bV *90% 93 67% -68 ' 147». 15% 21% . 21%. 20% '3234, 91% 91% 6% 7% 36% 36% 23%-• 23%- 23% 7 2,000 - 7,100 3,700 46% 46% 46?« 4.6% 46% 35% 35'» 36 35% 36 8,600 51% 51 Vb 51% 50'„ 51 18.600 X38% 41 "42% 39% 38 Vi, 39 38% 39% *40% 41% 41% 41 Vi *40 % 41 Va 41 x42% %5 *42% 48 '* 42% 42% 43 *42% 43 Vi *42 477, *47 *45% 46% *47 *46 Va 47% *461 *45% 46% *45 46% *45 50 *42 43 *41'a 42 *40 V par 37 37% 37 37 % *87i 8 % *14.9 a 37 Vi 53% 40% 55 40% 1 *30% 31% 5 —100 1 5 t 53% 100 5 100 5 —No par 40% 40 31% 36% 88% " 89% 36% 88 Va 89 30% 31 449 450% 30% 31 % 36 451 Vi 75 . 452% 54% 55% 1427b 33% 141% 143 Va '75 *75 53%-—,557a 141 Vi 327a 32% '247a 2575 100% 102 Vi 33% *41% 42 42 42 150 37% 377b 38 3,700 2 27% 26% 99 Vi 100% 09% 37 V 37 Vi 2 14% 122 Vi *90% 13% 91% 13 Va 90 V a 13 13% *61 62 61 % 61% No par 7,500 52%- 39% 40 7,900 31% 30* Va" 30% 200 36 35% 4,300 88% 88% 88% 36? a 88% 30% 30% 451% 297 a. 453'a 454 54% 55% 55% Va 143% 143% 143 14% 152 152 153% 124 90':. x88?b 29 % 30 8.100 448 Va 453 13,600 56% 56 "a 143% 144 33 31% 32% 32 76 32%, 75 75 76 24% . 100% 57% 145 24% 29,600 16 15% 157a 22.000 121% 122 % 17,700 90 Vi 90% 400 12 % 12% 1,100 15% 123% 91%. *90% 91% 13 13 *12 >2 13 61 61% 122 61V 2 *61 164 156 62 210 161 61 Va 165 13,400 154 154% 357 b 35% 36 35% 36% 36% 35 7 b 36 35 Va 43% 44% 44% 45 % 45 45% *44 % 45% 44% 45% *32 33% *32 38% 39 % 38 38 3 4 44.900 32% 33% 33% 33% 34% 34 % 34% 5.900 32 33% 33% 34% 37 7,000 19 18% 19 19 19 Vi 19 19'a 3,300 34 34% 35 35 34% 34 37% 37?a 37% 37% 37% 37% 8,800 34% 34% 34 V 34% 34% 1.700 40% 5,700 327,, 1 31% 32% 3.50 19 35%, 18% 5 19 35% 35 35 Vi —1 37Vi 37%"' 37 Vi 375 34% 38% 34% 1 34 38Vi *119% 1 • common: preferred— 1 100 Johns-Manville Corp —5 : 217 b 5 61% 10 81% 100 99% 34% *34 •39% 39 40% 122 *119 120 47% 47% 47% 21% 21% 21% 221 i 46% 22% 221 22% 85 83 83 47% 47% 48% x84Va 46% *83 84 53 7 a » 217b 85 *82 a % 47 227i 45% 38 Vi 120 120 85 53% 56 62% **64% a *83% 84 84 1 56 79% 81'7 'a" 100 ' :57Vi ' 100 56 Vb 39% lib ' 36 36 35 a a 40% 120 * 40 119 800 250 119 47% 48 % 47 3 4 48% 21% 21% 21% 21% 1.900 2112 22,Vi 21% 22% 6,400 *82% 84 % 84 84 49 49% 83% 83 Vb 47% *831 -a 537 b 53% 53 3 b 55 55 56% 65 % 66 66% 68% 68 5 it 687 80% 79% 100% 99% 81% 2 567b 79 % 100 56 - 57 56% 80 7 i 100 56 7 b 78% 99% x56 3,700 10 85 64% 100 V 6,400 80 48% 557b * com 200 32% 40 33% 39% _lo 3.600 2,500 a 39 *31 Va _50c 33 V 32% 32 V 33 % 40 32% 40% 5 : 36 40% *31 %" ;_25 : 3,900 H 123 15% 14 % 2 17,100 300 76 101V 100 63,900 1,520 32% - 24% 24% 997a *90% 155 V 570 30 % 454% -25 & Tcleg.Nopar 16,700 35% No par ; 1,600 20,500 *30% 121% 14% common Joy Manufacturing Co 51 40 Vi 40 , 153 *149 54 8 % 27' 101 31% 24% 123% preferred series A 52 >4 Va 36% 36 101% 14% Johnson Johnson Jones & Laughlin Steel 153 *149 24% 100 Breaker 26 V 54% 100% 122% ; 8 3*'i 8% 24% 7.50 No par 130 41% 101% 101 140 43% 46 Va 40 % 40 *30 % *75 76 24% . 39 7 a 41 88 Va 35% *30 o. Vi ^45 153 52% 55 Limited——1 „ 8Va *149 153 *149 153 Va 39 46% 98% 100% 100 No par Inc a 27% No par 4,000 48 47% 100% common . preferred— 38% *41 26% Iowa Power & Light Co ; Island Creek Coal common 5% 43 55% 99% Interstate Power Co Iowa Elec Light & Power Co Iowa-Illinois Gas & Elec Co 3%% 200 42% 27% Canada Packers Co 29 43 % 101 % 5% Tea 29 43 44*% 21% , 29% 43 .85 8% 21% 32% '-32%, 74 74 *84 85 *90% 93 *90% 66% 68% '67,%'"15%:.-..15% 15 Va 207« 20% 20-% 55% 56 55% 20% 20%.. ."20% 92 92 *91% 6% G:1i 6% *36 36% -.'■>• 36% 23 23% ^ 23%; 23% *23 23% 5,600 54% 21% 39 40 % 42% *29 ' 43% 21% *37% 32% 74% *84 22 *37% a "'29 Va *29 Jewel 50?4 Jun Dec 13% 23% 13%' 23%' Feb 31 99% Aug 54 V2 Ofit 13% 22 * 31 4 13% 21% 56% Dec 11 13% 3 52% Dec Mar 18,700 pfd__100 63 Apr 200 32% Jaeger Machine .Co— Jefferson Lake Sulphur Co Jersey Cent Pwr & Lt 4% 34% Apr 23 May 22 16% *31 % 7 57 35 *15% 33 % 28 88 93 39"! a 16% 31% 13% 23% May 12 4 38 39 % 16% 33% 23?8 Jan 26 31 39% 16% 31?i Jan Jun Dec 40% 47% Jun 1.100 32% 47% 43 560 106% 16% 5 82 88 106 40% C02 24 Dec~23 107 *106 1,500 67,800 10% I-T-E Circuit Jan 62% 71 341 50 % Mar 18 86 21 32% 40% *15% . 27% Int'l Rys of Cent Amer com $6 34 ':, 20% 71 36% 40%' 100% 37 Mar 24 36% Jan 34% 72 16% 8% International Utilities Corp Interstate Dept Stores May 27 40% Apr 20 37% Jan 21 35 21% 34 40% 27% International Telep July 10 19% Mar 5 35 no 8% 45 % May 38 1,000 8,700 51 — International Paper $4 preferred 7% 40%' - 60 80% .43% 21 107% . 43"% 46 —— International Silver 6 34% July 10 106% 108 111 *79 42% 80 *71 27% 4% 28 16 107'% 107 50 35 Vi _ 12 July 10 103% • 50% common—No par Jan 37 71 _i Machines— 471/2 Apr 35% Feb 165 21% 71 *109 79% 43%. . 35"2 21' 71 67 600 1,000 13,500 36 Int'l Minerals & Chemical com International 35% 21%' 71 20 preferred International Salt International Shoe 118% May 13 18% Feb 25 15 Feb 28% Mar 19 17% Jun 126% July 24 42% Oct 28 3 86 21% 68 5,200 33% -35%. 21% 67% 4G% common—. Corp of 35 72 21% 35% 21% 50% _ preferred- Nickel 35 21% 71 *33 35% 5,300 31% 35 Vb ;Nopar Inc Corp preferred Harvester 35 100 pesos - Interchemical Business 48% 20% 33% 3,500 46 % Inspiration Cons Copper 7% 79% 43% 31 *84 31 64% 14 75'% 86% 47 —— ■Insuranstiares Cfcfs Int'l *78% 44 Mexico — Co. Int'l 79 48% 39 62% 13% 73% 62% 14 74% 86% 10% 50% 39"V- —50 common preferred— 4%% Interlake Iron 79 1.900 2,600 100 9,900 *38 109% 110 108%-108%' 108%. 79 44:% 39 33% *34% *21 Vi 67% 21% 67% 79 14,400 10% 35% — Int'l 11% Apr 125 De ; Steel 66% 66% 50 A 6% 64 22 50 Industrial.Rayon— Inland 50 5 _50 6 Mar 12 Jun Electrica Ingersoll-Rand 29% 32% 4646% 49% 4.20% preferred— Indianapolis Power & Liglit—No S 28% 29 30% * 10% 74 *84 30% 86% 29%. 1,900 130 2,500 20,200 35% — 4 28 t2 Jan preferred— preferred 4.70% preferred 4.42% preferred— preferred International Mining Corp Jan 2 34% July 16 44% Nov 19 July 126% Mar 31 Dec 14 35% Apr 30 76% Jan 29 19 May 35% Aug 7 38% Jun 10 19 May 29 57% July 10 153V4 Jan 27Vi Jun 12% Jan 111 95% Feb 24 Va July 7 102 Vi 28 Jan 32% Sep 17 31 6 88% Jun 136 13 26 86% Jan 71 7 MO 140% Jun 96% July 16 16% Nov 11 13 Apr 29 37% Jun 22 88 Oct 21% Aug 27 32 385 % May 12 39% Jan 27 37 17 6 50% Mar 18 Mar 26 143 26% July 7 68% Jan 13 13% Apr 1 18 30 26 26 Va Sep 18 y4 Jun 10% Feb 28% Jun 43% May 36% Jan 27 V 70% Jan Apr 29 12 2 Jan 86 45% Mar 18 26 28% *84 29% 58 43% 40% 46% _. 4.26% May 25 45 % July 1 41% July 8 Co 4.08% 3 20 Jan jan 4 Apr Industria 14 32% Jan 41% Mar 23 43% Feb 47 86% 54% 122% 44 > 40% No par 15 Idaho Power Co 2 46 Va 45 35% Ideal 9 52% Jan — Illinois Central RR Co Illinois Power Co common- 21 1 IBS 17 21 Cement *84 -86% *84 700 13,200 1,600 5 Apr 12 14% 73 *122 46 10 Jan 1 31 Dec _1 Hussmann Refrigerator Coj 55% Jan 28 47% Jan Jun 100 pfd series.A 39 Apr 1 1 . 52 46 38% Dec 48 _ Hudson Bay Mill A: Sin Ltd No par Hunt Foods &' Tu'dtist lnc com——5 42% Mar 18 pec 31 No par (Delaware) Co 30% Jan 13 —100 : Houston Lighting &• Power. Howard Stores Corp Howe 13% 70% *108% Feb 21% Jun 67% Dec 16 39% Nov 20 7 Sep 12 May 21 47% Dec 31 13% 70 . 44 1 — Feb 85 15% Apr 27 ,30 39% Feb 24 23% Apr 5 .13% 69% 108% 108% ' 41 2 Jan 63% I3«n 70 64% 2 1/12 common, 24 3 2 32% Jan 12 63% 65% 13% 21% 64% 2 17 17y. Jan 25% Jan 14 63% 69 • 10 *38% 62% 14 39 22 % 37% Jun 12% Nov 25% Dec 20 *38% 10% -22% 19% Jun Jan Jan May 21 38%/ 10 *38% 62% No par ___ 3 ~9ya 19 17 9% 35% 41% Dec 7 15% Jan 9% 33% 23% Nov 28 31% Jan 28% Jun 46 57% 30% 46 10 39 63% 9% 38% 33% 9 31 29% 46% 40 *34J/a *21% 10 19 15% Dec 29% 46 • 35% 15% Feb 33% Dec 10 29% 46% 41 33% 36 Vi Jan 2 9Ya Jan 29% *45% 33% Hilton Hotels Corp.. —2.50 Hires Co (Charles E) 1 Hoffman Electronics Corp— 50c Holland Furnace Co 5 Holly Sugar Corp- common—, 10 5% convertible preferred; —30 Homestake Mining 12.50 Honolulu Oil Corp _ 10 Hooker Chemical Corp com _5 $4,25 preferred— ; No par Hotel Corp of America common.—1 5'/o convertible preferred———2.5 Houdaille-Industrlcs inc -common—3 : $2.25 convertible preferred 50 16% Jan 29% 46% 44% *34% Heyden Newport Chein Corp— 1 3'/a ^...preferred series A—100 $4% 2nd pfd (convl—, No par -7 40% 29% 45% 41% 45% 35% - P 58% 122% 44 40% .33% Hewitt-Robins IllC 26% Jan 60 July 58% 33% 5% preferred rL 100 Hersljey Chocolate Corp—~—No par Apr 70% Nov 23 53% Jan 57% 122% *34% i. Powder 57% 122% preferred—25 common nohcumulative Hercules Motors 29 16 JJ5 100 1—1 preferred (G W) 1% 3 7275 Apr 118% Apr Inc 3.65% 5 Jun a Industries Industries 54 . 29 50 — Heink (II J) Co common— 70% May 27 May preferred— 24% *97 30% *54 .46 41% " 1 Heller (W E) & Co 83% Oct 4%% 24% 98% 30% *122 44 .40% —_5 Hart Schaffncr & Marx..— • 122% 44% 59 58 100 28% Jan ' 30% 53% 7.50 9 Nov 98% 30.% 54 — Rcfrac 6% preferred 3% Jan Dec 24% 99% 29% 54 . 25 99% * 5 40% July 9% Dec 25 97 100 29%" 29% .53% 54Vi' 100 —,.2.50 —1 Paper Co— Hammond Organ Co 59% July 2 Jan 13 _1 common preferred Hammermill • 132 34 38 (W F) Hamilton Watch Co 6 100 14 29 % Nov 45% 62 26% Oil Well Hall 39% Jan 32% Dec 13 20% Apr 29 22% Jan 20 45% 61% 26% Halliburton 29% May 22 44 Va Feb 10 45 % 71% May 19 5 122% July 19 Mar 17 140 7 30 Nov 47% Dec 13 Nov 41- 2 30 123 45% 63% 26% 1 P'eb 88 45% 62% 26% Water 28% Jun 33% Sep 2G 70 25 Cementing:—5 Printing Co 5 Hackensaek 20% Mar 31 3 Dec 58 43% Mar 31 28,300 « 4.500 79% 28,900 100 300 56 4.500 Number 5863 190 Volume . . The Commercial . ancl Financial Chronicle (169) NEW YORK STOCK EXCHANGE STOCK RECORD R&uge for Previous Year 1958 Lowest STOCKS NEW YORK STOCK Range Since Jan. 1 Highest Lowest Highest K 23 Feb 28 68% Jan 47% Oct 98% Nov 2 39% Jan 7 83 2 13 11 45% Mar 37 Feb 9 93% Feb 10 120 2 48 38% Jan 7 112% Dec 2 50 44 Jan 16 107 Feb 110 Jan May V* Dec 23 61% July 10 131 Jun 12 86 14 76 Jul! 12 28 92% May 29 86 90 y4 Oct May 29 6 103 Dec 9 96 May 7 July 31 88 Dec 5 99 Jun 50% Jan 10 34 Jan 83% Nov 98 19 19 93,v Mar 98% Feb 13 Jan 29% Dec 3 28% Jan 30 16% Jan 7 43% Oct 7 59 % July 75% Jan 27 Feb 13 96% Jail 28 51> a Jun 53% Feb 29% Nov 11 26 40% Nov 7 43 70% Nov 19% Apr 25% >Jan 34% Jan 22 28 30 21 % Dec 29% Feb 59 2 2 Jun Jan • 7 29 Apr 42% Jun 18 27% Jan 39% Apr 2 45% Nov 11 41% May 51 78% Sep S 86 80 85 9% Feb 17 17% Oct 21 22% Jan 24% Jan 2 32% Nov 12 -13% May 31% Jun 2 43% Nov 7 36% JV.lv 20% July K 27% Jun 18 34% Jan 23% Jan 31 15 87 96% *94 95% *94 100 84 84 *83 84% *83 "a 84% 84% *83% 85 _100 *85 87% *85 87 % *85 87% *80% 82 82 82% 83 87 *37 37% 37% 37% 37 37 preferred- preferred——— •. Co Co 5 2 1% Jan % Jan 3 % Jan 15% Jan 9 17% Feb 13 6 'A 2 2 5'A Sep 30 2 Jan • 10% Sep 24 7 Ta Jun 3% Apr 6 19 2,600 69% 69'% 7,300 39% 39% 39% 40 39 39% 39% 40 39% 40'% 3,000 33 33 % 32% 33% 32 Ve 33 2,400 47 47% 47 47% 81 % 82 82% 82% , 4% Korvette Kresge Kress (E (S Jt S) 33 33% 33% 33% 47% 48 Vn 47% 47% 47% 48% 80% 80% 80% 81 81 81 _1 14%! 15% 14'-a 15%. 14% 16% 15% 16% 15% 16 .——10 33% 33% 33 % 33% 33% 33% 33 % 33% 33% 33% lit iS 38% 37% 37% 21 21 30% 31% ,25,700 20% 4,300 Inc—1 Co & Kroehler Mfg Co Gas 20% 32% 4 «.—1 , & 29% 30 23% 26% 42% 43% Tire coipmon_3 —100 Lehigh Coal & Navigation Co Lehigh Portland Cement Lehigh Valley Industries com 15 33% 2 13% Oct 11% Jun 13% Jan 9 24 2 5 152 May 8 63 Jan 8 73 49 46% Jan 3 Jan 63 3% Oct 2 15 Oct 21 90% Dec 36% Mar 11 57 14 11 10 July 10 30% 22% 22 % 22 22% a>2 % 741/4 74% 74 % 75 74 % Corp .-No par Co 5 Libby'McNeill Libby— Liggett & Myers Tobacco com l'/o 7 31 38% Oct 2 92% Jan 2 47% Dec 143 18 135% Dec 9 30 Nov 12 104 Jan 23 22% Mar 28 99 Oct 3 82 Mar 4 85 Oct 14 92% Feb 100% Apr 14 129% Nov 128 Jan 10 14 —2.5,0 10% 116% 122% 1 Inc 10% 10c ———_ 31% 32% 31% 32'/« -29% 29% 29% 30% L; Locw's Inc L———No par Locw's Theatres Inc Lone Star 2 46% Jan 26 May 28 139% Jan 26 36% Apr 15 81 11% Jan 60 2 30% 30.'/a 17% 16% 30%, 17% 31% 32 31% 32 42% 42% *125 34% 100 82 % 86% 86% series G pfd— conv 100 —— Louisville Gas & El Co 29 15% Jan 27 16 .'71'A Jan 7 104% Mar 30 21% Jan 5 34% Apr 15 Lykes 29% Jan 7 35 22. MacAudrews & Forbes common 118'% Jan 15 Lukens & Sons Inc (M) Steel Co'-^2 Steamship Bros - - " ' 20% 90 1 3.33% - 10 Co 24% •; 34% 100 41% 43% 34% 100 82%. *82% *85 87 137% 151 152 82% 47% 150 48% 137% 3 37% 82% 137% 150% 100 150% 1,200 104,400 47 47% 137 137'/a 37% 25% 130 87 137% 137 390 83 % *85 38 % 38% 38% 38% 38% 38% 86 % 86% 87% 37 87% 87 88 21 160 38% 85% 20% 90 25 • 600 16,100 100 48% 46% 9.100 34% 83'/a 87 12,400 42 100 151 41,600 106,300 125 34% 100 *87 151 48% 35% *99% 83% 87% 41'% 123% 126 34% 34% 100 42% 126 130 82% 37% 85% 21% 91% • *85 *148% 46% 138 37% 84 —50 — Sep Lowenstein *137% (Ky)-No par Nashville. *' *147 151 46%: 4.7 100 common^-—5 Louisville % v 100 42% *125 130 x34% 82% 100 44%. Mar 12 G 44,400 16% 100 31% Aug 13 11 7,400 44,800 31'% 30% 10> 81% Sep 24'/a Sep 10 10% 119% 30% 32% series E preferred— &. 10 117 31% 30% 16% 128 preien-ed 10% 119'% 15% 4.40% 7% 10% 116% 31% 41% 88 July 10 21% July 2. 5,000 16'.2, 4.35% '142% Mar 25 26 76% Jim 30% 73 32% 43'A *122% 34% Co 31 71 % 14% 100 <P) 31% 4,000 31% series B preferred 4.25% series D preferred Lorillurd 10% 119% 31% 130 58% 14'% 10 5% Apr 14 90%. Mar G 117% ; 6,500 58 . 32% preferred———100 conv 10% 10%, 124% 91% 32 4 ; Long -Island Lighting Co com—10 89 5 36% Jun 6 4.84% 10% 120 900 145 14% Cement Corp Lone Star Gas Co common 4 2 136% Jun ' Oct 17 2 Jan 19% Jun • 5 155% Apr 16 48% July 7 Dec 22 44 4 55% Mar 90 '/a 144'% 73 9 Mar 11% 91% 145% 71% 37% Jan Jun~23 143 27% Feb 19,100 11% 90 % 145% 92 72 17% July 10 Jim 11% 11% 11% 144% "143% 71% 37 37 12,400 72 '/•> 5 2 5,100 75% 71 % 9 25 22% 75'%: 71 Va 15 84% Jun 22% 75% 71 Industries 128% Jan 22% 75% 3 Corp 11 22% Link Belt Lockheed Aircraft Corp 12 46 59 Lionel 104' 46 75% 91 144'.4 30% 46 22% 11% 11% 93 143% 29% 45% 58% Litton 7 8,300 17,600 29-% 59 % 14 Va-Mar 23 18 9% 58%' 7 May 4,500 9 91/4 30% 9% 60 o 80% Jun 3,300 8% 59% 39% Apr 100 88'% July 28 44,400 7% 8 9 59% 124% July 2 .92 9 59% 9 29% Jan 11,100 3% 23% 5 9 120 32% 2.% 9 Mar 32% 54,800 22% Lily Tulip Cup Corp— 39% Jun 8 107% Feb 11% 93 142% 31% May 20 11% 11% 25 Co 6,500 15% 2% 1 July 43% 90 . ~ 100 preferred 10% Mar 28% Jan 8% 15 200 1,100 3,400 22% 7% 8% 1,700 31 42% 33% 2% 22 45% 8% 7% 7,000 25% *86 15% 32% 2% 45 % % 8 9 '/4 441/4 90 14 22 % 29% 72% Feb —.' 32% 2% 22 46 28% Feb — 31% 2% 30 % 5 % Jun 33% 46 5 . 27% Jun ■ —. % ..Mar 43 *86 13% 30 Lerner Stores 26 98 % Apr 80 :!ii Jan 140% Jun •' 10 16 5 4 — — 13 .82% Dec 158% Jun 44 % 30% Libby-Ov/eng-Ford. Glass 2 30% X26% 46 Va 76% Jun 17 30% 27% 90 190 6,800 4 27 13% 5,700 28,300 32 *3% 30% *86 8% *30% 4 30% 13% 8% *7% 8% 20'/a 32 44 43%' 22% • 20% *30 27% 46 Lehn & Fink Products Sep 2% 22 20 % % 26% 29% 53% Apr. 29 22% July 9 -7% Jan 31% ' 2% 22 *3% 50c non-chin 2nd pfd -No par Lehigh Valley RR—___——No par Lehman Corp 1 36 65% Jan 2% 3% *30 90 13% 33% *21% 26% *861 32% 20 30 42% " 1 1st preferred—No par $3 noh-cum 2 140 90 14 30 29 *86 ;_10 20% 3% 26% •♦•• % *30% 4 30 13% 19% Sep 57% Apr *3% *3% 5 Bryant (James) & Sons Co 3.85% preferred— 40% Oct ■ 31 20% 2 . 21 30% *30% 10* , 21 31 20% 14% Jan — 38 21 29% 32% 24% Feb ■ 36% 20% 30 38% 20% 31% Mar • 38% 21% 29% *30% 4 .... 38% 21 29% 4 28% Jun ■ 38% 21 common—— 19 2 38 21 4.32% preferred series A——25 Consolidada 6% pfd-75 Pesos Mex Lane * 29% La Dec 7 . 5 — Co . i 10 Co Kroger Co — Laclede 1,300 *00 preferred 32 Jan 9,000 69% Co 28 18% Jan 4,500 22,400 53% '69 Wire 22% Feb 4 60% 105% 52% 69% 5 23% July 10 8% Apr 6 10%-Jun 12 2 53% 68% 91 7 59% 104 105% 52% 69%, 6 20 60% 59% 104 53% 69 12 Jan 59% 105'/4 53 69 % Jan July 59% 104111 53%; 9,600 68% 10% Feb 1 59% 105% 52% 3,400 Kimberly-Clark Corp 5 King-Seeley Corp 2 1 KLM Royal Dutch Airlines—100 G Koppers Co Inc common—-..10 Lee Rubber 3% Jun 59% 104% 53% 58 % prit. r preferred——25 Lees 14 60% 105% 52 % 3G 46% 11,000 22 'J 59% 104 3,300 35'% 46 56% 30% Mar 23 20 47 46% 55% Apr May 15% July 36 46% 27% 7 37% Jan 35% 47 56 8 7 35% 46% 27 6 29% May 35% 46% 46% 24% Jan 42% J uly 85 36% 46 47% 18 Mar 28 12'A May 9 39'% Oct 21 36 46% 27 Va 31 89 36% 2,900 33 58% 25% Dec 1 36 45% 2,800 _43 56% 46% Dec 2 32% 47% 8 17 30% 34 26 % 24% Jan Jan 42% 30% 33% . 47% 11 Jan 30% 34 58% 26% 25'% Dec 9% Mar 2G 31 33% — 47%, 10 28 42 30%, 33% 55% 3% Feb 83 —42— 30 r» 33% 26'/» 19% Apr ■* 42 30% 32% 47 Tb 29% May 2 41 31 600 26% 6 20 43 42% 30% 11—16 3,700 37% 57%. 18 Feb 41% 10 85'% 86% 85% *37 36% 47 % 24 18% Jan 86% 36% 26% 4'A Nov 25 85% 87'/a •85 55'% 22% Dec 34% Apr *35 20 26% 33'% Dec 2 • - 84% 31% 1 ; —i—— conv 6 Jan "41 >A 5 _ County 2 17 , ———I——50c 3'A May 19 Jan 10 95% 47% 5 4% Mar 11 100 86 86 *86 96 % 13% Jan 5 3,200 78 *76 Ve 87'/a 22'A Jan ?0 500 48% 48% 78 59 3 26% Mar *76% 47% 26 17% Mar 124 77 26 22 Dec 33% Dec 22 Feb *119 48% 49% 77 1 22 34% 22 Dec 7 % Mar 13 124 48 48% *94 4 % % 22 16% May 26 31 Jun *119 47^4 77 . 500 700 400 128 *86 Kcystmie Steel & 34% May 11 43% Mar 3 May 29 128 87% Copper—— No par Land Co —2.50 Kerr-McGee'Oil Indus common——1 2 30 130 124 *119 *128 *86 Kern 20 70%. Jun 26% Jan 130 *128 49,300 46% 46% 46% *76 78 59% 118 118 119 46% 46% 59 60% 59% . *117 120 *94 Kendall 21 47% July 47% 128% 125 *120 48% *46 87% Kcnnecott 5 70% Apr 31% Apr 22 2 16 20% Jan 124 47% 128% 01% 116 96% Kayser-Roth Corp 117% Feb 24 12 7 Jan 46% Jan Jtm 124 59% 60% 116 46 46 129 *76 Kansas Gas & Electric Co—No par Kansas Power A*. Light Co 8.75 4 2j .Jan 58% *114% 45% *86 Kelsey Ilaycs 64 Shares July 10 *94 Kellogg Co 63 9 11 the Week Friday Thursday July 9 100 47% MUy 29 5 66% Nov 60% Nov Mar . —100 41% May 12 1 105% Oct 2 25 33% Jan 38 33 34% Jan 35% May 23 41% Feb 17 10 12 48% Mar 25 2 18% Oct 60 % a 123% 390 4.35% 38% Mar" 13 8 preferred 4.20 7o 6 76%. Mar 31 39 % Feb Sain tut SALS MtlCM Kansas City -Southern com _No par 4% rfon-cnm preferred—— —50 5 36% May preferred—100 4% preferred— 4.50% preferred— May 20 30 10% Jan 25% Apr 3.80% HIGH Wednesday July 8 - July 7 113 4.5' conv pfd__100 Pr & Lt Co cam_No par Kansas City 27 89 % Feb 85%, July io 113 JL„-50 . ^4%% (set; of 1959) 17 Mar 11 42% Dec 10 25 82 92'% Jan 2 82% Jun convertible 38% Aug 13 2 29% Jan 94 % Jan 20 4% % 57% Apr 47 29 59% 33% preferred_ 4 Oct Corp convertible- preferred—_1Q0 16 Oct <k Chem 4'%% 4% 7o Jun AND Tuesday July 6 A 8 125% Jun 78 87 Kaiser Alum ' Par 24 Feb l 85 Feb 8 July LOW Monday EXCHANGE u. % .20% 21 20% 91 89% 25% 24% t 20% 20 % 3,000 10,500 20% 7,500 % 88% 88 '/a 89% 9,300 23% 24% 24% 24% 8.200 88 90% 25% M 23 Jan 2 116 Jan 15 125 21% Jan 2 Apr 17 36% Nov 17 28 3 39% Dec Jan 78% Jan 88 6 13'A Apr 123 V -• Jun 49:i 2 43% July 10 82% Jun May 14 6- Jan 10 1 13% Oct 1 18 Jan 2 14 17'A Dec 31 14 Jan 31% Jan 10 71% Oct 13 '•54% Jun 30% Jan 2 60% Dec 1 48'A Jan 390 10 29 39% Dec 10 36% Jan 2 8% Sep 8% Nov 29 4% Jun 17 Aug 28'% Oct 7 15 % Jan 5 1 26 Jan 5% Jun 3 2 Jan 12 442%. July 10 19 6% Jun Fund Square Mar 17 May- 7 485 6 Jun 2 48:! .'t May 12 1 18 " V.4 Jan 9' 16 - • * 14 30 •> 22: ! i Jan Mar 16 Jun 1 77 B Jan 26 33 Mahoning RR Mandcl 56% 58% 59 *442% A80 *442'% Bros 50 1 5% Jan 2 7% Feb 4 18'% Jan "2 24% Oct 29 23 % Jan 2 27!,4 Mar 5 67 Oct 28 64%> Jun 5 73 5 47o 25-pj Jan 2 59% Dec 31 5 59% Jan 2 45% Nov 7 45% May 42 % Jun 29% Jan 81'% Jan 30 Sep 25% Jan 8 36 % Jan 7 j Jun 62 , May 11 Martin .•! May 22 Masonite 2 42% Dec 37 Feb Jan 2 49% Dec 22 46 May 19 11 85 % Jun 26 74'A Jun 75 Sep 16 85% Jun 66% Sep 15 77 3 16 49 % Nov 19 July 45% Jan 1 39 ■ — 13 26 74 May 19 65% May 22 July 30 74 2 4(i7 8 26 Marshall Jun 53" ii Feb - 81 81 4%> $3.75 Corp—_ Mar 31 $3.75 pfd $3.40 1 Feb 82 91' 4 42 24 May 11 July 7 3% Co When Dec 29 18% Jun 9 23:! ij Jan 15 McCall 22 29 Jan 2 4'i1 Jun 30 45 24 44 Feb 10 Jun 4 $2.50 2 2 19% Feb 5 6% *6% ' 17% *17%/ 18 31% 30% 31 28% Mar 3 29 94% Feb 5 3'%% 56%. Dec 1 40%. Jun 8 58 Feb 16 36 % Jun 8 47 ' —. 31% Apr .23 39 41 ?« Sep 26 37% Jan Jan 2 59',4 Dec 1 10% Jan 2 20% Nov 17 17% Jan 68'% Jan 2 98 Dec 31 84 May 70%. Nov 21 64 Jan 52 Jan 14 7'% Jun 3 9% Jan 42% 41% 50% 50% 50% 77 77 77'%' 78'% *92 48% 42% 4% 1,300 3,600 5% 43 51% 73% 77 68 76'/a 82% 41% 21'A '39% 50% 10 54 8' Mar Feb 30 9 26 Mar 31 47% July 60% Jan 20 »4 July, 3 43% McDonnell McGraw-Edison Corp ' Co 19 89% Apr 28 McKesson Porcupine & Mines Robbins Inc 1 36% Jun 2 7 32 Dec 18 7 38 10 83% Dec 10 67 Feb 9 91% May 15 May 20 79 Jun 3 85 26 29 '4 Jan Feb 6 14% 14'A 14 14% 14% 6,700 30 81 81 81 81 42% 42 42 V, 42% 42 % 42'A 42'A 3,100 • 37% 36% 37% 36%. 37% 36'A 37% 36 % 38% 13,300 46% 46'A 47% 46% 46% 46% 81 45% *30 47 9,00# 46 58 58 58 5812 58 58% 57% 58% 59 19% 19%. 19%. 20% 20 VH 20% 20% 20% 20 20 4,100 r-5 95 95 95 95 94 94% 94 94 92 93 18 80 '4 82 82 83 84 85% 85% 87 37% 89'A 3,400 8,200 1 , , , . •" 59% 3,100 10,800 8% 37b 87's 9 22% 22% 23 23% 24 3,600 45 45% 4-5'A ' 46 46 46'A 6,800 91 91 92% 90% 90% *90 92 % 40 27% 27% 27% 27% 27% 27% 27% 4,600 *80 80% 80% 80'« 80 80% 34 34% 33%. 33% 86% 87% 88% 39% 2 19% Jan 14 *80 42 *80 22 23 % Jan 36% Jan 14'A 14 4 Va 22 26% Apr 7 i 42% 81 45% 2 79 Yi May 21 3,200 2,100 39 50% 39 *49% 21% 22 % Jan 7 50% 44% 95% Mar 26 May *49% 1,800 3,600 45% 19 85 . 82% 41% 21% 41% 21'A 21% 90 % Jun 16 50'% *.49'A ••». 82% 8% 96 28% Apr 85% Apr 21% 39% 21% *74 43% 7 14 40% 21'% 39% 82 41% 21% 29% *49% 41% 45'A ,_3 Mead 78'% July 28 *74 82%. 21% McLean Trucking CoMcQuay Norris Mfg Co Feb Apr 25 76% 81 % 41%! 120 440 150 10 July 10 51 5 *74 83'% 6,300 8,500 ——10 24 24 2 76% - Corp common ——5 4'A7" preferred 11st series)—100 2 41% Jun b 14 42% —1/ Mcintyre 3 *74 21%: 40% 50.% *80 5 Ray) & Co Inc; Aircraft 68 . 47,600 •< McGraw-Hill Publishing McGregor-Doniger Inc class A 99% Feb 10% Mar *49% 7 15 4 13 21'% 40'A Corp common 50c convertible preferred—100 McDermoU (J •.76% *67'% 42 3,300 50 50'% 43%. 51% 78% 77% 63 76'% 67'% 41 x21% 39% 4,300 47% 47%, 42% 51% 78'% *76 68 76'% 83 52% 51 46% 49% 75Va . 1,600 9,900 93 •67'%' 80%. 41%' 6 74 *92 77 67% 40'A . •' 51%' 600 26% 47% 43 49%. 78% 76% •' 3 26%' 93 *92 51% *76% .'77 68- 51 *76% 7% *70% 52% 46% 46. 47% 17% 30% 74 52 52% 8,600 *614 17% 26%'•. 26% *71 93 100 13,300 30'% 7 5% 5% 26% 480 20,000 17% 16%. -30% 73 30,700 18,800 31 7 7 76 67% , 3 20% Jan 49 ' 50'% 50 19 page 52% 46% 53 47 92 41% '• No par 24 see 52% 47 92 52% 80 47% Sep footnotes 26% *71 74 4(i% *75 22 % Dec For 53'A 5% 6 26% 51%' 42% 100 9 86 5% 26% *71 92 51 —No par 2 1 53% 4G% *73'% — — 13'% Jan Oct 5% 73 *91'% 1 6% 26% ————No par _ 33'A Apr 86% Jan 74 0% 26% *71 5 V Corp common preferred Stores 79% Jun «. 2,500 17%. _No par MeCrory-McLellan 13% Jan 29 — 4,200 4% 31% 7 —No.par — Corp_ 83% Dec —. —— 20 44% 18'/a No par series: issued MeCord 9 49 1947 preferred Maytag 32% Oct — 442% 44% 4% 83 19%'*14'A 44% 4% 4%'' 31%' 7 —No par —2- pre!erred 20 — 442'% 44% 44% 4%' 18% 4 j preferred 7 2 *442'% 475 %70 44% 30'% 100 May Dept Stores common—1. 2 Jan 470 44% 4'% & Co'com—No par preferred—— 72'4 Mar 17 2 29 24 Mar 26 Jan 62 58% 5 CO— 18'A Apr 39% Jan Dec 480 4.4% Exploration—„——l Field 4%% 55 58 • — 23'A Jan 5 July 56'A 57% 15 12.50 Marquette Cement Mfg Co_ 471 93' 56'A ' 4%. Midland Corp common—5 convertible, preferred50 2 75% Nov 34 12 Oil 50% 58% 45% ——___No par Maxwell & Moore Maracaibo 89% May 12 32% Jan 14 93%. July 11 25 Mar 58 57% 4% Marine 9 55% 19% 56 44'/b 10 58% 19% *14% 1 — 41% 56% ! 83% 83 19% 15 —1 u Manhattan-Shirt—— Manning, 83% 19 *14% 41 83 14% ' 40% 58 10 40% 33 2,200 19% 40% *83 123 48 < 19% 40%' 14% 33 *121 48% *14'% 40% 19% 33 49% 43% 83% 19'% 14% 56'A 59'A 41 83 33 122% 47% 48% 13% 33% 122% . 123 47% 14% 1 Cc__ "t 33% 48 83 i 33 *121 123 47% 1 __—— Coal 33% 32% *121 48'/a 40% 100 : Garden,. Mallory <P R) & CO Manati.'Sugar Co_— 33% 123% 47% No par In0—; Magma Copper Magnavos Co 51'% Jan . com 4'A% preferred series A— Madison Madison 33 *121 —.5 No par — Macy (R II) Co Inc 10 100 —— 30 73 24 8 12% Jan 21 Jun preferred 21 70 8 5% Apr 450 6% Mack Trucks Inc— 18'. •4 Jail 7 Feb July 10' ' 20' uJan - 25>- 23% Apr 5% Jan b 87' % Mar 30 ■ 9 . 9 32'A Jan 37 2 Jan 8 Jan Melville Shoe Corp 47o common preferred series B Mercantile Stores Co Inc Merck $3.50 & Co Inc preferred —1 100 3% common—16%c No par *73 9 82 8% *90 34 86% *73 9 34 88% 82 8% *73 32 *90 27% 80 !4 8% . 92'A 27% 80% *33% 33% 87% 88% *73 82 27'A *80% 33% 88 *73 81 , 400 33% 1,100 89% 15,700 82 21 CommercialFinancial Chronicle and The 22 . Monday, July 13,1959 .. (170) STOCK RECORD NEW YORK STOCK EXCHANGE STOCKS lUage tor Prerlta* Lowest Hifhest 30% Mar 10 53% Oct 27 15% Jan 19% Feb 5 2 39 Jan Sep 62% Dec 2 78 15 10 79 79 Oct 15 92 97 Jan 14 64 % Jan 4 6 28% Jun 25 35% Jan 78 Jani 25 Yb Feb 14% Jan 2 2 24 7 Jan 17 7% Jan 2 76 88 2 87 6 Midland 1 Midland-Ross Corp common 2 Feb 27 11 111% Jan 28 8 96 Oct 31 13 28 Not 3 28% Dec 31 ll7/a Jan 10 27% Jan 6 Feb 25% Jar 16% Jun 111% JaD 8 31% Apr 28 35% Dec 29 32% Jun 24 16% '» 2 6 25"% Aug 6 39% Dec 16 4% Jan 2 9% Jun 20 Apr 2 16% Oct 24 43"% Dec 29 30 17 4% Jan 52 62 Jan Jan 2 5 14% Dec 18 5% May Not 19 60 10 Nov 19 39 Jan 22 Minnesota 25 Jun 19 Minute Ontario As Power As Maid 2 Jan Missouri-Kan-Tcx 27 3%% 0 Jan 2 18% May 28 14% May 26 54% July 9 8 78 7 24% July 35 % Mar 20% Jan 14 Class Power issued 2 36% Jan 40% Feb 3 6 50% July 10 24% Feb 24 2 35 34 2.9% 29% 9 32% NOV 21 28 Jan 2 32 Jan 25% Oct 13 24% Jan 2 37 July Deo 18 43% Jan 48% Apr 35 35% 33%' 33% 34 34 23% 22a 22% 22% 22% 22% 22 % 43 43 % 42% 43% 43 43 42% 427a 12,000 24% 24 24% 23% 24% 23% 24% 15,000 35 35% 35% 35% 35%. 357 a 35% 35% 5,100 u 0'/4 0% 0% 6% 6% 50 % 50% 50%, 49% 50% 49% 49% 17% 17% 18 17% 17% 17% 18 6V 6% G% j 6% 49% 11,900 18% 18% 45,000 27,700 17 16% 10% 16% 16% 101 a 16 3 i *67%. 68% 67 07% 66%' GG% *66% 07% 180' 75 0 74 V* 74% 75 75 74% 75 *74% 75% 370 14 *13% 14 13% 13% 13% 13% *13 13% 200 21% 16'% 17 18% '67% 68% 75 %3% 22 *21% 22% 21% *21% 22 % 21 % '14%» 16 *14% 16 *14% 16 *14% 15% *14%' "11 % 12 11% 12 "11% 12 V" *11 % 12% 11 % 11 .54% 21% % .500 49,900 53 % 54% 53% 54% 53% 54 7 a 53% 54% 20% 31% 31 31 % 3'0% 31 30 30 % 29% 30 9,600 *72% 73 72% 72% 72% 72% 72% 72% 73 1,500 "24 24%> 24% 24% 72% *24 V> 24 24% 24 24% 24 la 27 % 27% 26% Co Co 53% Chemical— 1,000 lira . 24%, *24 24% *24 24% 24% 25% 25% 25%' 27 27% 27'% 8,100 50% 21% 40,800 30% 14,600 48% 4?% 48% 49% 48% 49% 26% 4374 22% 22 22% 22 22 V0 21% 22 21% 29% 4,300 28% 110% 28% 28% 30% 113 % 110% 114%) 111 112% 40'% 41% 41% 42 41% 44% 45% 46% 46 48% 7 c90 5 19 19% 19% 19% 19% 20% 20 207a 20% 21% 21,600 1 (John) As Co 50% 29% 30% 29% 30 29% 301 29% 29% 4,odO 114 3 Corp 10 Corp 28% 29 28% 10 — Products 100 14.300 24% 27% 48 'a 28% 114% 112 117 • 2 3 % 30% 35% 35 % 36% 36 37 36% 37 36% 46% 47% 46% 47 % 46%, 47Vi 46% 47 467 47% 10 27% 28% 27% 27% 27% 27% 27% 27% 27% 27%. —No par "40% 40% 40 40 % 40 40 40 40 40 lnc — Murray Corp of America 9 Mysra Ac Bros 9,000 37 1 - Murphy Co (G C) (F E) 600 15 22 28% Wheel 6,800 6% 49 % 21% lnc 8,200 2,700 21,400 23% 17% —No par 2 0 31% May 50% Jan Jun 39% Apr 24 35 33%- 48% Munslngwear 8 347a 33% 50% -100 100 —1.25 Mueller Brass Co 16 150 35 33 % 27% Motor 20 6,610 149% ?4 12 Motor 48% July 10 21% July 10 149% 146 149 1 No par Morrell Feb 2,400 34% Lines Motorola 16 30% Apr 23 4.100 17% 43% i 55% 8 30% 24% 35% A3 -8 LI 100 34 ' 17% 8 Moore-McCormack 9 May 149% h 13,700 12.800 , 99% *97 Monterey Oil Co Montgomery Ward As Co 7 30% Apr 130 11 26 22% Co shares American 25% Jun 22 18 *34 25% 25% 25% 99% 60 141 Va 136 137 24% *97 1,500 —No par ———-No par Chemical Montana When 13 Sep 23% No par 25 Montana-Dakota Utilities 7 18% Nov 50 22% 10 class A B Monsanto 2 Mar 24 % 33 33% „ Tool Machine RR Monon 25% July 10 57% Jan 28 .22. 149% 149 34% — Montecatlnl Mining As 33% Nov 28 *32% 34 preferred May 4 Feb 25 35 34 ._■_ 4.20% Monarch 14 19% Jan 135% 24% 25 *97 No par % 1 RR 19 63"% Feb 38 99% Pacific RR class A—No par 29 28% Jan 45 56.706 99% *97 34 Missouri Public Service Co—. Jan 38% Jan Jan 24% 99 2.50 Light Development Co Mississippi River Fuel Corp Jan 1 17 2,100 23% 135% 134 6197 No par - Paper Corp 16 23% Jan 37% 149% Mining As Mfgi Minnesota 24 17 37% 148% Minn 5 6 21% Nov 37%- 24 Mar preferred Mojud Co lnc 60% Deo 31 37% 21%—22%: '18 MohaBco Industries lnc common 23% Dec 31 89'/2 17% 13% Apr 2 47% *88'% 28 V 67% July 2 75% May 11 5 42 *47 89% 18 8 9 Jun 29 2 *41% 47% 29% preferred conv 400 43 89% 17% 2nd 5,500 46% 29 12 30% Jan -21% . 26.100 •41% 18 $1.50 "20 21% 37% 21% 9 11% Jan 48 28% 31% Dec 12% Apr 19% Jan 37% 21% Missouri 35 47% 17% -71% Dec May 37% 24% 49% 477 a 28% 8 17% Jan 37% 2TT(T 137 49% 47% .4 37% '88% 24% 10 47% ■ 20 79 48 47% 88% 135% 79 89% 41 % 47% 25% 130 92% 42 *41 % 41 88% 52:% May 25 20% Jan 30 20% Jan 40% 46% 10 Mission Corp 37% Ded 22 48% 46% *32% 24 41% Nov 20 42% Nov 45% 48 17 % 23 2 46 % 29 13 Jan *96 % 35 13% Jan 18 Y* Feb 25 98 17% 13 28 96 100 Mission 29 % 28% 18 21% Dec 97 '32% 29 14% Jun 22 *95% 40% 8 24% July 97 'a *89 85% 97 50% 21 20% Sep 14% Sep 5 *79 Minn St Paul & S S Marie—No par 16% Dec Jan 85% Minneapolis As St Louis Ry__No par 6 45 *79 4 13 e%Sep 85% 16 6% Jan 22 *79 47% 136% 4 68% Jan 4% Apr 2 29% Apr 30 22% Jan 8 35% 1,600 - Jun 15% Jan 11 V, Apr 79 89% 24% 4 7 8 Jan *77% 47% 132% 41% Mar 16 12% Jan 80 90 79 40% Minneapolis-Honeywell Reg—1—1.50 Minneapolis Moline Co common 1 $5.50 1st preferred-. 100 49'A Apr 10 2 *77'% 45% 48% 21% 29% May Jun 79 *95% Amfer— 1 24 89% '47 % preferred 9 41% Jan 19% Dec Jun 83 *79 ' 46 a '82 *89 -88% ...—1 Midwest Oil Corp— Minerals & Chem Corp of 7 21% Mar July 10 35 38 40% Jun 24 35 Jan 27 22 45 7 47% 82 92 % 82 % 151 % Apr 9 8 14 44% Aug 25 18% Feb 25 24 '95% % 58 58% 20% Feb 29 6 26% Jun 99% Jun 31 26% Apr 29 Dec 18% Oct 2 Feb 92 9 » 6 35% Oct 116 2 47/a Jan 18'/a Feb 24% Mar 20 20% Not 2 73% Feb 25 21% Jan 31 141% July 10 6 Deo 20% Not 40% Jun"" 2 1st 79 38% *89 81 % —5 Enterprises lnc 5%% •76% 10 lnc 92 10 Jan Utilities South 48% Jlin 35% Feb 18 18 Jan 8 83 97 % 2 83% Jan 82 85 % 23 4 79% *77'% Jan 10 Jun 19% 78% 78% 39% Jan 39% Aug 21% Feb 19 78% 92 33 8 Sep 43% Oct 19% 78% *91 13 39 19 79'% 81% 91 19 48% Deo Jan 17 May 25 2 15 Jun 19% 78% 82 51% Apr 44% Apr 13% Jan 59 94 Mar 31 Apr 28 99% Mar 11 33% Jan 19 82 Middle 35. 25,600 19% 31 91 6 Jun Jan 19% 78% 58 5 Co——— Machine 5 77 80 Aug 12 40% Oct 13 126 1 3,400 19% 78% 58 19% 50% Mar 15 58% 60% 80 V* Metropolitan Edison 3.90% pfci—100 4,35% preferred series —100 3.85% preferred series —100 3.80% preferred series--.——100 4.45% preferred series——100 Miami Copper 5 10 Shares July 10 July 9 % the Week Friday Thursday 57 % 59% Mesta 88% Apr 15 98 Mar 13 Jun Jun July 88 25 82% July 6 53% Jan 89 104 24 ft Mar 223/a Feb 7 Apr 90% Feb Sep 24 2 9 26 102 Dec 22 Jan Sales tor SALK F&ICE8 HIGH 60% Mergenthaler Linotype Co___ 1 Merritt-Chapman &Scott~—12.50 64% May 11 78 92% May 13 91 8 AND Wednesday July 8 July 7 July 6 P«f EXCHANGE 44 % Jan 18 LOW Tuesday Monday STOCK NEW YORK 1 Highest Range Since Jan. Year l'J58 Lowest i a a 5,700 3,800 12,300 700 N NAFI Ccrp 2 16% Dec 14 8 15 3 Aug 19 59% Oct 14 May 13 13% Jan 2 18% Jun Jan 437/a Jan 52% Jan 12 2 22% Deo 21% Jan 34% May National Aviation 23% Mar 2 41% Jan 6 149% Oct 3 6% Jan 2 50% Jan 17 31 19 29 8 Jan 51% NOV 20 168 Jan 20 16% Nov 20 86% Deo 19 18 6 26% Jan 2 15 49% Jan 5b 12 Jan 9 6 Mar 13 Jun 24 164 % Apr 3 8% Jun 12 14% Jan 12 Jun 24 80 26% Jun 147. 61 5 Jan 12 32% Jan 15 37% Jan 7 49% Nov 21 46% Feb 2 54% Jun 12 20% Jan 2 31% Nov 19 28% Jun 8 2 103% Nov 19 99% Jan B 19% Jan 86% Jan 2 307/aDeo 11 17% Jan 2 24 Deo 9 42 Jan 8 59% Deo 11 90 Jan 7 84 % Apr 17 100 May 115% Oct 8 10 21 Jun 109 104 3 Apr 21 71 Apr 27 97% Feb 26 July 2 Feb 9 131 July 2 168 Jun 19 145 Jun 10 128% Nov 7 143 Jun 17 124% Jun 9 13% Jan 7 18% Sep 30% Sep 10 17 Jan 2 21 25 28% Jan 2 40% July 9 8 3 348 Oct 21% May 12 45% Jun 159 Mar 9 April" 30% Jan 13 7% Jan 2 77% Dec" 17 40% Sep "il % 9 Fuel Lead Co Dec 4 1,400 25 % 25'. 4 25% 25% 25% 25 25% 247a 25 5,400 29 29% 28% 29% 28% 29 Va 28% 29% 52%' 28'.a 2874 2,900 8 64:% 66 % 63it 28% 2o% 28% 52% 52 7 1 May 21 9% Jun 10 24% Mar 25 12 Jan 9 National U 7 13% Jan 7 21% May 29 National Vulcanized 8% Dec 18 6% Jun 23 10% Mar 24 Natomas Nov 19 7 19 82 Dec 15 68 Jan 14 108% Oct 13 Apr 79% Jun 4 107% Mar 11 36% Apr 17% Jan 30 50% Oct 13 37% Juht'9 49% Mar 13 2 26 17 23% Jan 27 30 3 29% Nov 20 257/a Feb 31% July 13% Mar 18 Apr 2 160 Jan 16 96 May 29 Dec 83 7 9 86% Apr 'May SO 4 8 Dec 31 31% Feb 27 280 Jan 8 7% Jun 36% May 22 440 Feb 13 9,900 60 Va 25,900 95 93 9.3 *92 93 92 92 129 131 129% *149% 151 -149% 128 *127 128% -126 127% 127 151 *149% *126 130 151 128 *149% 128 120 Air 128 20% 2,0 *■> 20% 20% *20% 21 % *207 39% 38% 39% 58% 39% 39% 40 % 20 39 50 50 21% a 1.000 40 % 21 16,000 1,800 50 50% 51 51 % 52 88% 89 88% 38% 88%" 33 i 90 39'<> *38% 39% *38 7 b 39 % 39% 39 20' <s 20% 20% 20% 2019 20% 20 % 20% 20% 20% 11,700 10% 11% 11 11% 11 % 12 11% 12% 117c 12% 60,200 50 V 50% 50 88 3 . 6,200 1 13 13% 13 13 Vli 13% 13 % 13% 13% 13% 13% 1 19% 19% 19 % 19% 19% 19% 19 % 19% 19 Va 19% 7% 7% 7% 7% 7% 7% 7 % 7% 77b 13% 13% Radiator Fibre Co_^ 13% 14 14 14 14 33% 34% 34% 35 V* 34% 35 V 40% 40% 40% 40%' *76 77% 77% 20 V'e 19% 20 Va *83 85 83% 85 78 20% a 85 '83 4 35 347a 35'% 407;; 40% 40% *33% 85 :( 82% 84 41 41 86% 85 86 84% 86 64 85 42 40% 41% 41% 41% 41% 41% % 29% 28% 29% 29 2919 29 28 % 29% 29 Va 30% 80 % 31% 80 33% 34 33% 34% 34% 36 35% Chicago & St Louis Co 18 N Y As Harlem RR Co 50 New Haven '290 325 *290 325 *290 325 30 10,400 % 2 12% Sep 24 2 25% Apr 8 24% Sep 36% Oct 25 8 4 10% Jan 6 14% Jun 24 20% Jan 5 29% Jun 38% Feb 17 8 % 29 29% 4,900 31% 30'.a 307 a 284,600 357-,' 35% 35% 39,6®0 *290 325 '290 295 As Hartford Co— Common 38% Jan 2 74% Sep 17 29% Jan 2 56% Dec 31 67 76 Sep 5 70% Sep 19 76 <• Oct 60 Sep 25 Aug 15 103 2 94 Sep 17 18% Jan 2 9 59% May 12 Common Apr 24 84% Mar 11 $3.75 Mar 18 75 Nov 35% Jun 18 8 60% July 25 68% Apr 23 93% Jan 24 108 Feb 6 105% May 16 27 Dec 29 Apr~~7 21% Sep 8 25% Feb 20 15% Jan 2 63% Apr 26% Apr 11 Oct 23 102 9 106% Aug 5 32% Jan 12 16% Jan 92 Nov 19 23% Apr 18 45% Dec 19 27% Nov" 17 72% Nov 19 75 Jun 22 80 Jun 3 102% Jun 10 95 40% Jun 30 North 43% July 10 Northeast 73 27 Northern 35% Jan 22 Northern Natural 6 22% Apr 7 37% Dec 17 10% Jan 2 33% Dec 31 92 July 16 19 7 . Juni 24 9 57% May 22 25% Apr 20 72 July 80% Jun 80% Jun 6 77% Mar 17 9 88 Va Mar 23 4 81% May118 84 Jan[ 86% Mar 2 7 Gas Aor 10 29 5 %% Norwich 20. & 71 69 70 70 70 440 73 *72 73 *72. 73 430 «*87% 37% 37 Va 70 a 70 70% 72 Va 73 73 Co— a *69% i 77 77 86 104 104 76% 77 '82 73 104% 104 104 * 97% 100 . ' 97% 97 97 32% 33 32 % 32% 42% 99 *22 45 VB 5 59% 39% 1 36 % 37 % 50 70% 71 105 105 105 105 380 85 37 97 220 96% 32% 33 34 % 3 o% 4,200 42% 42% 41%. 42 3,100 102% 104 42%' 43% 101 "22 42% 103 22 Va 96% 1,820 97% 22'b 45 % 46% *82 32 Y* 101 % *22 *77% 86 78 96 Va 42 % 22% 104 % 78% *82 32% 100% 43% 100 77% 86 *82 79 G.200 103 104'% *22 22% 46% 45-% 46% 46 % 39% *22 46% , 11,700 22% 4574 46% 41,100 37% 38% 36% 38 35% 37 % 10,400 36% 36% 36% 38% 38 40 39%. 40% 23,000 *70% 71% 70% 71 % 70 70 70 70 >4 340 30% 9,500 38% 31% 30% 31 % 30% 3071, 30'% 104% 105% *104 105% *104% ■105% *104% 105% 104% 105 110 110 *109% 110% 109% 109% 109''2 109% 110% 110% 360 55% 54% 55% 14.100 23% 9,200 31 —10' ' 31% 31% 160 5 conv 55% x55 % 56 55% 55% 55% 23 % 23% 23% 23% 23% 23% 23% 72 7 72% 72 % 82% *32 83 82% *81 82% 20 12u 100 72 72 72% 100 100 100 82 82 82 lnc preferred Pharmacal Co 61 *80 81 83 Va 83% *82 100 82% *82 83% 35% r. 82 % 39% 40%' 82 * 23% 23% 72% . 72% 73% 720 82 82 320 81 *81 82% *82% 83 % *82% 83% "82% 83 % 83% *82 83 Va *82 83% "82 83 81 Va 81 _ ' 35 % 34% 35% 33% 34%. 34 24% 13.100 40% 40% 40'ti 40% 40% 41% 41 42 23,000 39 39 % 39% 40 8,100 79 81 78% 81 4,400 38 % 25 72% 34% 35% 10 1.25 % ~ 1 Corp Airlines 55 5 $4.16 preferred series 44 29,500 86 100 $4.08 preferred series $4.11 preferred series 92'A Jun 250 371 377a 77 100 Mar 25 Northwest 78% 37 % *83 1 88 % Mar 23 Northrop 31% Jan. Co $3.60 preferred series $4.10 preferred series 46'/aApr 10 78% 37% 8% a ' 5 Pacific Ry 44% May 12 47% Jan 27 37! 100 ; Common 7 78% 37% 100 preferred 5.80% preferred 5 *76% 100 — 5%% 30% Jan 76% 37% % Capital Corp Ry Co 31% Jan 76% 75 American Car Corp 89 75% 76%' As Western Ry common—25 Adjustment preferred 21 North American Aviation 1 Northern 5G% 70% Norfolk S 34% Dec 31 6 2 57% Dec 10 page 113% Mar 16 47% Feb 6 see Feb 22% Jan 17 footnotes 108 Jan 56% 56 V Central Jan 70 8 93% Mar For 35% July 10 21% Jan 28 Jan 94% Jun Feb 52% Mar 18 108 79% Sep 25 80% Oct 1 30% Dec 9 57 % preferred 39% Feb 56% 55 4.85% Chemical 57 55 5.25% Nopco 56 % 53% Niagara Share Corp 2 36% July 10 23% Mar 10 113% May 26 59% Nov 5 83% Dec 31 9 3 84% Jan 29 17 13 Mar 23 2,800 2 31 — 21% Jun Jun Jun 108 30 % 31 72 4.10% 30 Va 31 _100 3.90% 30% 30% preferred preferred preferred preferred 3 2.706 30%. 1 70 2 4,300 16 31% 16! 100 3.60% 8 *15% 31 16 preferred 85% Mar 104% July 44% July 17 3.40% 7; 4 16% 15% 7% —100 Niagara Mhk Pwr Corp com—No par 88% Apr 102% Feb 26 28 84 13 5 102 63% Jan 23 1 2 13 70% Sep 25 14 Jun Jun 30 81 41% Jan 73% Apr 77% Apr 26% Jan 32% Dec 22% Nov 11 31 25 109VaJun 7 Aug 29 19 71% Jun 16 34 53% , Jun 68 preferred 8% 15% 7% 15% Corp— __No par 100 Electric Gas Jun 65 July State 50 39 - Y '.a 16% 8 7% 7% 15 No par Preferred 5% series A New York Shipbuilding Corp N 6,900 29% 29'% N Y ICO 85 85% 8C0 24,100 85 20 2.100 76% 20 Va 41% . 4,600 11,300 20'4 78 20 8 No x76% 78 .! oar Brake— Central 11,000 900 14 35 77% 20 19 7 14 407 a 40%! *76 1 " ' 40% 100 Electric System 8 14 1 ; 200 Va ' 5% Jan 14% Jan 17.500 127% 126 128% *38% N Y 32% Nov 10 275 227'a 00 la 38 Jersey Pr & Lt Co 4% pfd-100 Mining Corp 10 Newport News Ship & Dry Dock 1 York 22 31 <61 149 Newmont York 227a 60 20% New New 101 Va 22% 1 preferred England New 100% 22% 61% 38% 2 3%% 101'a % 60% 126 — New 100!« 22 01% _l S 3,600 101% 22% 148% Neptune Meter Co 5 Newberry Co (J J) common—No par 2 101V 4 a 89% Neisner Bros lnc 19 102% % 88% 13 82'A Mar 39,600 38% 26 21% Jan 11,500 31% . 10 No par 26 2 5174 31% 151 ——-10 37% Apr 26 28 % 51% 31% 128% 43% Feb Jun 28 52 % 129% c 4,500 28% 128 102 660 31% "92% 9 19% Jan 42,200 51% 93 % 10 36% Jan 64 V2 28% 92 1 Jan 75 03% 52 60' 32% Jun 84% July 03% 31% 22 Co 20 62% 28% 102 lnc 14% Oct 38% Nov 63 % 2814 % National Tea Co National Theatres 12% Oct 22 8 62 31% 8 Co 2 14 % Jan 14,500 4 Sugar Ref 2 74% Oct 23 10 Va 152 51 % No par Steel Corp National Feb 9% 152 52% 61% amnion Co National-Standard National 40% Mar 13 15 9% 153 31% 22% 22 Corp 1 As Steel Cast-No par 54 Apr 17 91% May 28 12 9% 28% % 1(12% Service 3 13% Aug 11 51% 151% 9% 51% 61 % 100 152 31 a 30% .31% —10 8,000 52 51% 52 Va 151 Va 9% 64% 8 1,500 51% 9% com—8 17% 17 17% 151% 52% 9% 100 Malleable % 150% 9% 100 Natl 51 52'% 152% 9% preferred B 4% Jan 2 60 % preferred A 7% Jan 3 14% 60 Va 7% 9% Jan 26% Jan 14% 00% 6% National Linen 12% Mar 23 14% Apr 2 lOVa Jan 11% 60% 51% common 7 Jan 18% 14% 61 % 150 % : Co Gas 23 74% Jan 36 17% 14% 61 10 pfd series of 1951 National Gypsum C^ $4.50 preferred-. 20 47% 17% 14% 61% 10 Distillers As Chem Corp National 17% 14% 61 100 common preferred National Can Corp National Cash Register National City Lines lnc National Dairy Products— 134% Mar 121 Mar 25 Corp 1% 4%% 17% 14% 61% 25% I Airlines-— National 17% 15 —5 National Biscuit Co Natl 15,300 17% 61% 1 i - — Corp National 6 247/aJan 1 57% Jun 23 91 •*' 34% Mar Natco 35 I —1 National Acme Co 14 Va Jan 63% May 6 29% Jan 22 9% Jan 11 38 *4 38% 33% 38%—38% 82 Va 84% 82% 83% 83 83 Volume 190 Number 5863 . . The Commercial and Financial Chronicle . (171) NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous Year 1958 I*we«t STOCKS Range Since Jan.1 Highest Lowest NEW YORK STOCK Highest LOW AND HIGH 8ALB PRICES Monday,: EXCHANGE n, Tuesday Jnty 7 July 6 Wednesday £0% Jan 14 90 16 Sep 7874 Sep 19 9474 Nov 89 Oct 17 31 28*2 Jan .27 60% Nov 20 103 Dec 57% Jun 887a July 10 92% May 16 9 7712 July 67% Jan 30 6 95% Jan 16 7 85 Jan 103 17 90 % Jun 10 100 Jan 13 May 16 89 % Jun 25 43% Aug 11 95% Jan 16 39% Jun 24 29% Dec 31 27% Jun 9 Ohio Edison Co common 4.40% preferred 12 Jan 102 13 3 17 la Jan Jun 6 18% 8812 Dec 31 98 Jun 3 167*. July 86% Jun May 27 46% May 21 34% Mar 4 18 Feb 27 Okla Gas &: 90% Feb 5 29 % Dec 9 27 y8 Jan 30% Jun 2 7 45% Dec 31 417a Feb 2 4014 Jan 55% July 1 21% Jun 11 13 74 Dec 17 61% Jan Mathleson Oliver Corp 2074 Jan 7 35 Dec 18 82% July 10 37% July 2 16% May 7 Oils Elevator 29% May * 7 July 15 37 V& Feb 59 15% Dec" 24 Jan 14% Jan 19 4 15 16 66% Dec 15% Jan 61% Feb 10 7 89% Dec 11 79% Feb ,9312 Oct 31 2574 Jan 2 99% July 29 38% Aug 6 96 % May 5 97% Jan'27 85% Oct 1 ?7a Jan 9% Jan 10 2 14 Oct 21% Dec 40 32 93 3 2 18 May 22 1314 Jan 12 Mar 19 10% Jan 26 19% May 13 1434 July 30 May 18 Jun 22 64% Nov 2 12 22% Nov 20 17 Jan 9 Feb 56% Feb 10 3 4 47^ Jan 2 64 Dec 18 40 Va Jan 2 54% Dec 31 20% Feb 21 <39 % Oct 30 37 117% Jan 2 150 Dec 17 149 Jan! 2 Sep 30 27 143 Apr 21 130 Jun 130 4 Feb 12% Jan 5% Nov 23% Nov 3 12 Jan 2 90 Jan 3 98 30% Jan 2 47% Nov 5 45 % Dec 8 33 Dec 19 62% Dec 2 July 17 58% Jljn" 9 47% Jun 17 7 37 6 57 ?% Jan 9 fVz Jan 19% Jan 2 6 30% Jan 10 23 % Jan 3 8212 Jan 25 49 113 Dec Dec 94% Sep'T(T 92% Sep 30 11% Feb 28 28% Jan 37 65 Jan 2 45% Apr 27% July 14 8 9 62 5 Jan 19 93 1 19% Dec 29 43% Dec 29 Jun 8 91% Jun 29 15% Apr1 43 Feb 10 Fisheries 1418 Jan 3 3 Jan 18% Dec 2 5 2 25 99% Feb 16% Jun 8 Apr July 4 10 36 12 Jan May 27 25 19% Jan 22 6% Feb 24 437/a May 4 92 Jan ~~7 37 Jan 22 64% Nov 20 59% Jan 7 70% Mar B 37 % Jan 2 50% Dec 31 467a Jun 9 57 8 24 21 20% Sep 96% Oct 100% Jun 11 7 Jun 81 Aug 27 NOV 24 102 Sep 107 16 107% May 93 % Feb 92 10O 8 95 % Jun 1,7 11 30 17 23 May 5 May 13 Jun 4 99 43% Jun 8 99 Jan 64% 64% 6474 6474 6474 59% 60% 59a4 60% 6074 No par no par * C) 16% Jail 2 82% Jan 84% Jan 24% Nov 37% Apr 24 45% July 7 21% Jan- "22% Oct" 13 8 25% July 5 2 6 93% 25 89 Jun 4 7 , 99% July 29 17% Aug 8 90 Jun 29 99% Apr 15 Apr 28 17% Jun 30 14% May 13 Jun 94 Mar 18 Nov 10 135 Jun 4 133 Jan 9 142 May 6 128 Apr 17 140 Jan 22 134 Jan 5 145 Mar 4 2 15% Jan 67% Feb 25 28% Oct 13 24% Jan 9 81 73% May 7 Aug 11 24% Dec 30 19% May 7 28% Jan 26 2 73 Oct 23 71% Jan 2 82% Jan 29 2 80 Oct 10 77% Jan 8 86 Feb 9 20 Apr 9 23% Jan 9 1221a Jun 11 63 Apr 10.0% Jun 16 17% July 7 113% Aug 27 39% Jan 10 69 Jan 24% Sep 125 29 July 11 77% Dec 18 10 113% Dec 16 19% Jan 31 39% Nov 14 32% Nov 21% Mar 20 43% Jan 2 2 74% Jan 114% Jan 22 39% Apr 21 14 25% Jun- 25 31% Apr 17 109% Nov 20 96% Jan 151% Jun 29 27% Oct 2 2 88% Dec 15 90 Dec 12 88 22% Jan 10 28% Dec 31 55 31 78% Nov 20 42% Jan Mar 18 34% Mar 31 - 26% Jan Jan 9 132 9 24 Jan 28 7 12 2 107% Apr 46 Dec 22 31 70% Nov 26 21 4274 Jun 12 80% Mar 13 7074 Jun 18 Sep 18 24% Jan 10 21% May 14 20% Nov 12 23% Jun 18 20% Jun. 29 113% Dec 31 105 1474 14% 29,600 *2234 5974 5974 5974 5974 5974 5974 1,500 3374 33% 3374 34% 3374 33% 13,100 11174 104 112 105% 2274 5974 34% 59% - 33% 112 74 110% 111% 106% 102%. 103 34% 36 34% 35' 4 3474 1 71% 73 *71% 27% 73%. 723 4 23 *22 11174 113 23 113 200 114 5,700 ' 97 99 9874 3274 34% 34 74 33 727-4 74 74 28 74 277-i 2874 97 98 10074 33 74 3,200 7,506 470 97.70C 4474 4474 2,300 61% 62 No par & Eastern 4% 29% 45 45 *95 97 44% 4474 95 95 177a 4574 *95 4574 97 ' 17% 1774 4% 3874 383:, 38 7 4 96 96 v *9574 9774 95% 62%' 63% 617.1 63 61 62 5014 50 7 507 5174 21% 5074 51 loo 12.50 com Nopar *21 100 < 9 „ 21% a 21% 3074 40,400 45% 45 4574 600 97 17 2,700 474 2,100 3974 3974 3974 393 9574 *9574 97'4 *9574 9774 30 6074 6174 60% 6074 18,700 50% 50 7 5074 503,. 7,000 *21 21% 21% 96 95 95 94 96% 8274 8274 82% 83% 84 91% *90 92%- *98 10074 47% 48 74 45 % 47 3 317i 317 « 30 3174 72 72 72 72 100 5 90% *99 9074 *90 7a *99 10074 4574 4474 2974 30^4 73 72 72 6074 60% 60% 61 74 6174 6174 60% 6174 79% 8174 8174 8174 82 7 a 83% *82 •*76% 78 74 *767'. *7674 common 21% 200 96 540 85 260 92 160 10074 20 4574 4674 19,900 29% 3074 27,700 *7174 6074 83 x82 79 *7574 90 73 6074 82 - 9,400 640 47 47% 46 % 47%. 4674 4774' 4674 477,4 46% 7774 46% 52,40(1 12% 12% 1274 12% 12% 12% 1274 1374 1374 1374 6,800 *96 97 *96 97 *96 42»4 42% "92 14 93% *92%. 93% ,1 35% 36 357 a 36 74 2 preferred Piper Aircraft Corp 43 45% 43% 45:'„ 25 25% 92 92 92 91% 9274 94% 9414 *9374 17 17% 17 17% Inc.— Pitts Coke & Chem Co common ..10 $5 convertible preferred No par (conv) Nopar Pittsburgh Forgings Co— 1 Pitts Ft Wayne & Chic Ry com.100 7% guaranteed preferred 100 ,1.25 Co 10 .10 common 5% preferred class A 5%% 1st series prior pfd Pittsburgh & West Virginia Pittsburgh Young & Ash pfd... Pittston Co (The) common 42 4274 25 *9074 *91% 363., 37 37 37% 6,700 44 44;,4 4474 447-1 43 44% 14,000 2474 25 247a 25 2474 25% 7,700 92 *90% 93 *90% 92 96% *93 97 *93 74 96% 17 1674 17 1674 1774 *137 140 *135%; 137 *13574 137 *13574 137 *137 43 4274 93 % *9174 43% 93% 17 140 136 7a '137 50 100 300 3,000 140 136% 5,400 ~90 *135 13674 38 74 38% 38 38 % 37% 38% 37 38 37 37% 10,700 82 86 7-1 8274 83% 82% 83 74 8174 82 7-« 80 81% 16,700 2374 ^ 25% 24 24 :,4 17,500 100 75 *80 24% 75 100 82 100 21% IOC *122% 74 7 4 *80 2174 25 23% 2414 74':, 74% 7474 747a 74% *74 76 82% *80% 8274 80 80 *80 81 21% 227b 3174 22 *12274 125 25% 21 % ♦122% 125 22 125 1 6974 707b 10774 36% 10774 X10674 3774 36% 2674 26 7 2674 1 14774 150% 23% 26% 100 92% 93 10 Co 92% 36% *90% -/25:1h 9274 36 7a 140 10 Co 9774 42 %, *137 5 Polaroid Corp *96 42-74 140 2.5o Plough Inc.. Plymouth Oil Cor... 42 3-4 97 *96 97 *137 75 $3.50 convertible preferred Power 59,700 1 Nopar Nopar $4 Metallurgical Inc Pittsburgh Plate Glass 41 5 com —100 Electric 78 9574 *99 4774 3074 *7674 *21 92 2974 100 79 92 44% ♦72 1 *84 10074 100 preferred « X82 74 100 % 10 17 74 48/a. x96 91% 97 1774 474 95 50c preferred *95 1774 474 84 100 7 i 70 30 > 100 common *21 7,200 6734 30 83 ..100 ■6774 890 *95 4% No par 62 50(1 8,800 *45 1774 4:% preferred PfRomac 30% 4% Phillips Petroleum Phillips-Van Heusen Corp & 2934 1774 preferred $4.80 68 74 4%:, preferred series A Pitney-Bowes *6774 100 Philip Morris Inc Pillsbury Co 68 74 38% Reading Corp Phllco Corp common.. 5% 68 31 M 1774 & series 63 68 307 4%, 4.68% prefewed 3%% 61% 4474 6174 4474 61% 68 38 7-4 3.80% preferred 4.30% preferred.. Phila 4574 6174 31% 5 (ccnv) preference 4.40% preferred 44% 61% 68 30% 1 Corp Phila Electric Co common conv 9774 19%. 59 100 Phelps-Dodge $1 19% com_33%c Inc 2nd preferred 19% 45% *67 No par Co 19 45% 100 common & 9274 19 74 45% i25 33%c (Chas) 9274 13% 45 10 Z~Z_5 Ry Co " 26 % 26% x69 b 145 *122% 69 % 6774 *106 108 125 6674 69 108 104 2374 2174 > 6774 •12274 6674 104 105 2174 140 200, 4,500 125 6774 104 6,700 960 3674 3674 36% 3634 37 7-i 3674 3674 2,200 26% 26 2674 26 2674 26 2674 4,500 142 148 14474 14774 1457 s 14274 14674 16,200 26% 2674 2074 26 % 27 7 4 2774 27% 3,500 92% 93 93% 94 93% 94 94 94 26% 26% 26% 26% 2674 267-4 10,900 817/4 2674 8174 2674 81% 81 T.-f 8174 827% 9,000 497:» 2674 530 49% 49% 497 b X4974 4974 39:'., 3974 3974 3974 3974 3974 3974 11,000 18,700 29% 2974 2974 2974 297b 2974 2974 3,900 83% 83 83 84 84 84 84 84 8374 8374 390 8674 87% 87 74 88 88 210 10174 10174 101 %• 92 93 23% Jan 13 15% Dec 11 10 Jun 9 15 Jan 16 85 Dec 30 84 Mar 9 86 Vs Jan 7 26% Jan 7 35% Dec 29 317-4 Jim 24 43% Jan 2 60 Nov 19 58 Jan 2 357a Apr 66 % July 25 45 Dec 31 39% Jun 23 48 74 Apr 16 ... v 100 83 83 83 83 8374 100 83% 83% 8374 84 *82% 100* 85% 85% 8774 87 100 10074 .No par —100 43% *7074 25 *21% 25 20% ;_100 11034 110:% Public Serv 76 % Mar 13 2274 May 14 117% Feb 5 ... 5.05% preferred 6 9 Gamble. 4.30% preferred Jan 16 106% Apr 48% Feb & 4.08% preferred 4.18% preferred..- Mar 20 2 • 1434 3974 8 Feb 1474 29% 15 29 14% 48% Oct 23 700 1,300 1474 *22 29% 3 5% Jan 67% Jan 107>a Jun 22% 274 1974 Pfizer 91% Mar 20 Jan 14% *22 5,100 55 234 4074 29 Sep 27*4 *54 2 v., 493 4 80 37 2774 5474 234 29% 81% Jun 100 2774 54 2% 3974 95 85% July 6 1007a Jun 18 2774 55 2% 49 74 8 8 33% Mar Apr 23 27% 55 2% 14% Public Service Co of Colorado 10 Public Serv Elec & Gas com—No par $1.40 div preference com—Nopar 68% Jan 43% Apr 98 2774 56 81% 4 29 27% 90 6,100 34,300 81% 17 5 44 8134 16 Jun 4374 81% 37% Jun 18 43 7 2 287i Jun Apr 4374 Procter 14 5 4434 *91 8972 Mar 23 31 29 1474 102 2 39 Ofct 43% 2% 22% 111 % 24 50% Dec Oct 4434 10 29% Feb 30 % May 2 S3 Feb 18 36 4874 26% Nopar 95% Apr 7 83% Nov 20,700 91 4774 *55 2% 34% 14 2 82 4674 91 49 55% 60 25%. May 19 73% Feb 9 47% Feb 4574 927-. 48 27 33% Forter Co Inc (H K)— 574% sink fund preference 26% Jan Nov 46 91 48% 43% 55 5974 Poor 29% Jan , 4574 91 473.4 26 10 5,100 46,400 „ 44' 4 . 450 5 2874 48 3 4374 4 5 28 4774 par 14 7 46% 5 287,. 9274 47% 22 >4 4534 5 2874 *91 • 48 2% 574 28% 46 9274 350 28'.:, May 14 Jan 47 5 2874 9474 Pittsburgh Steel Co 2 Jan 68% Jun 574 28% 4774 25 Pitts 62 5 28 200 5,280 135 1974 39% July 2 91% Mar 19 14% Jan 5% 29% 1 "5 preferred Petroleum Corp of America Pfeifxer Brewing Co 2 128 13474 5 1 4%% Mar 24 20% Jan 20 135 9474 PCt Milk Co Mar 23 34% May 28 2 135 1974 3.90% Jan 135 94 4% 14 135 19% 84% Apr 14 8 134% 9274 82 20 13474 9274 17 95% May 1337n 46 Pennsylvania RR Peoples Drug Stores Inc Peoples Gas Light & Coke 19 2 175 10J Jun Jan 17474 977a Jun 41% Mar 31 5074 175 51 7274 76 90 *4974 17474 51 2774 78 Jun~20 4974 17574 97% Mar 12 100% 5174 50% 17474 723., Mar 18 Nov"25 50% *49% 2874 89 88% 14,100 4974 50% 5074 175% 503;, 9674 86 47 % Apr 5174 5174 *4934 28 74% Jan 2 75Jan 29 97 18,200 963', 73 15% Mar 12 603« 2874 9 52% Mar 23 60 9574 B 5 6074 92 74 7 28 60% 174% 28 % No par Co.. 1,400 5174 49% CorpT_V.~~_~.Z_i Cement 100 63 175% *91 common 21 63 133 7b £50 1,000 *19 6374 60 49% 100 Co 21 63 174% : Nopar Proof Co *19 64% 96 Jun Jan 50 21 20 Jan 11% Jan *18 95 74 Jan 44% Jun 23 90 27% 54 96 5,400 94 92 74 67 8 *93 100 21 14 9374 100 1 24 1,300 series preferred 31 Apr 93% 4,800 34% preferred Dec 12 Va Sep 93% *93 5,700 9774 34% 4%% 26% Dec 97 93% 3474 93% 4.40% 62 49% Dec 35 109% 3474 5,000 Glass Sand Corp Penn Power & Light com 71% Nov 24 7 3434 8974 10974 4,800 Penna 3 2 93% 357i 88% 96% a 97% 13 3 4 (J 2 27 34% 89 1097 1274 Chemicals Corp When Issued 2 7% Jan 8874 9774 10974 16- 2074 Fenn-Dixie 43 95% May 98 3 4 98 *157n 1274 Peabody Coal 104% Jan 26 36% Feb 89% 10934 10974 16 82,200 13 74 Parker Rust 2 Apr 30 65% Mar 10 89 99% 44,400 2074 preferred 57% Jan Jan 90 109% 3674 12% —..... 4% 56% May 12 36% May 6 12% Jan 89 99% 10974 7,500 35% 133., jjs Paramount Pictures Corp P&rkc Davis & Co—.....,, No 103% Apr 15 88% Apr 13 Jun 80 *1574 82% 20 74 Pacific Mills 22% Jan 26 Jun 94 7 16., 46,900 213,, 8174 12 % ' Pacific Telep & Teleg common 100 6% preferred. 100 Pacific Tin Consolidated Corp 1 Pan Amer World Airways Inc.-— 1 Panhandle East Pipe Line— Common Mar 30 Apr 25 Jun 89% Jun 6 100 *15% 16 53% 20 V« 81% 36% 1974 Peoria 95 3574 52 74 207.. 1374 v- Pepsi-Cola Co 9 3674 5474 1270 Mar 23 May 36 7 4P + 4,200 19% July 102 377 ». 200 283,, 137.. 74 14 1974 8174 17 87 28:l4 19% 31 % Jan 19 8174 *1574 34%" *93 197 a 81 19% 81 367a 74 110 8 5374 5474 17 *86 28 74 20 9 95 34 3 1774 87 28 74 19 9274 99 % 99 5474 *86 20 2 Apr 23 DO 54% *17 2874 80 - 16 109 1774 87 28 20 Feb 50 19% *15% *17 *86 28% 54 557 B 37 17% 87 2774 8074 .6.25 preferred 62 13 17 7 b *86 28 7« 1334 26% Jan 36% Feb 177a 87 2,200 13 8 5 26.200 32 13% 18 41% Dec 4074 32 19% 23 8 20 3974 32 1234 51% Dec 6 90% 41% 32 19% 69% Sep July *8974 40% 32 36%. No par Corp 8 98% Apr 20 63 9074 41% 32 13% 27 6 907a 39 7 4 31% 12% 19% Jan 2 40% Dec 30 49-74 Jan *89% *89% 41% 13% 32% Mar 11 Dec 91 40% x317u 2074 Penney 5 *89 % 160 330 2,050 4171 .100 Pennsalt Jan 9374 1974 Pacific Finance Corp m Pacific Gas & Electrlc.-II_I_.II25 Pacific Lighting 6 55% Mar 20 9374 93 12% 7 20 9374 *9074 1974 4 5 92% 5.50O 79 90 13.74 Mar 29 74 May 102% Apr 79 , 5 106 % July 36 July 82% Mar 23 79 93 8C _l 5% qonv prior preferred Penick & Ford 117 79 Inc.5 24% Apr 11 90 80 9234 31% 5474 25 «__15 Parmelee Transportation Patino Mines & Enterprises: 8 93 *78%. Inc.. 65% Mar 20 3% Jan 30 15% Jan 16 39% Mar 12 21 5% 28 50% Mar 13 64% Jun 27% July 2 Jan 13 8 74% Jan 20 101% Apr 25 7 35% Apr 5 98% Jan ssru 104% Jun 24 32% May 32% July Jan" 13' 30 47 % Jan 31 49" 49% Jun 179% Jun 144% Apr 24 6% Jan 29 Amer *90 78 £em<rnJi, & Aggregates 26 67% Apr 20 66% Apr 3 56% Jan 7 59% Jan 12 com Pacific 04 2% May 14 12% Feb. 26 21% Jun 29 Co 4%- preferred Oxford Paper Co common.. 85 preferred—,—__— 5974 90 92% 89% 2871 (The)—ZZZ._I1.-1 Owens-Illinois Glass Shares 77% *86 5 30c Fiberglas Corp 59 5974 40% l "r Pacific Coast Co common 5 ' 59 6074 3174 7 50 _ Corp 597a S2 1 *17 -I'IZZIioo . —~ZZ Corp..ZZZZ~ Outboard Marine Overland Corp Owens Corning 89% 5 Gas Chemical 15% Jan 23% Feb 17 . 4 Olin 89 59% the Week 92 on 14% May 14 23% Jan 16 25 46% Jan 9 85 99% Feb Jun . 30 7 101% July 1 May 21 38% Apr 28 Jun May l 36% Feb 9 '23% Jan 23 39% Nov 20 49% May 15 2 2 110 43 16 Dec 7 94% July 91 29 Jun 17 44 3% Nov 21 15% Nov 11 Oct 19 22% Jan 8 27% Dec 23 Jan 4% Jan" Apr -*t5 15% Jan A Co common 897 597a Friday July 10 79 No"par Elec preferred 4.24% preferred Oklahoma Natural 59% : 88% 100 4% 5 15 inn 4.44% preferred Ohio Oil Co 27li Dec 15% Dec 5974 3.90& preferred u_.__.ioo 4.56% preferred.../.!. "inn 311a Apr 712 Jan 12 12 Bate* far Thursday July 9 July 8 O Co of . Indiana 374% 1 preferred—.. 4.32% preferred 4.16% preferred—! 4.80% preferred- Publicker ..... 100 3 74 8674 10034 101% 44-% 43r% 44% 4474 4574 44 45 7174 71% 71% 72 72 73 75 22 22 22% 20% 21 21 109% 110 101 21:% 2134 *2074 21% 110 *21% 10174 10174 800 44% 44% 14,500 74% 7474 110% *2174 2274 300 *2074 2174 7,800 11174 111 10 1074 10 1074 10% io% 85% 85 74 85 85 85 85 3 323', 3374 33% 33% 33% 33%' 333, 34 9 Pullman 653, 66% 66 66% 653j 66 66 667a 41 41% 41 41% 41 42% 42 42% 417b Industries Inc com 5 Pure Inc No par Oil 5 1074 ' 180 2274 preferred No par Puget So end Power & Light Co__.10 $4.75 170 21 21 11074 U 4974 1074 85% *85 , 1074 *85 11174 11 TV 670 22,400 8574 50 34% 34% 18,100 65% 66 3a 4,900 42 74 17.700 J i Q 37% Feb 131 23 Oct July 11 28 28 52 19 146% Apr 23 28% July 24 For footnotes Nov see page 26. 45% May 5 127 Jun 25 24 Feb 25 5474 Jan 140 Mar 16 5 27% Jan 26 Quaker Oats Co 5 49 100 128 Quaker State Oil Refining Corp—10 25 6% preferred common/ 497» 128 25 74 49% 12874 25 49% 12874 257x 49% 129 2574 49% 131 2574 48 48' 131 131 25 25 47 128% 25 48 129V4 25 3,800 230 1,500 23 Financial Chronicle The Commercial and 24 Monday, July 13, 1959 . . . (172) STOCK EXCHANGE STOCK RECORD NEW YORK Since Jan. 1 Range the Week Friday Thursday July !) July X July V July 6 Par EXCHANGE Highest Lowest Highest Owtat Sales for PRICES SALE HIGH Wednesday Tuesday Monday YORK STOCK NEW AND LOW STOCKS tw Prtrrioua Ye»r 1958 ■*are Shares July 10 R ~ 48% Dec 69 Vs Sep 16% Apr 24% Dec 73 19% Feb 9 30% July io 51 % Jun 15 17 23% Dec Dec 17 25% Jan 20 34% Jan 24 34 Jan 30 % Dec 29 30 Jan 25T'b Aug 8 69 28 I'J'/i July 14 31% July 25 27% Jun Jan 5 25% July Jun 9 40'A Apr 27 14'A Oct 2 33% Jan 2 12 . 6 Jan Oct 15 50% Oct 27 18 7 13 31 12% May 31 11 16% Jan Jan 9 16% Jan 2 29% Jun 2 7 9% Dec 11 8% Jan 19 5 Jan 2 9% Jan 14% Nov 451/2 Mar Mar 77% Dec 19 12 39% Dec 29 25% Jan 10 54'% Dec 30 46% Jail 30% Jail 8% Jan 2 33% Dec 9 32% Jan 10 78'/« Dec 31 41% Jan 6 47% Dec Feb 65 % 12 116 78% Jan 10% Jan 2 1% Jan 2 Jan 22 Oct 14 1 77% Jun 13 10 32% Apr 36% Jun 3 19'/a Jan 2 38% Nov 22% Jan 2 44 '/a Dec Jan 2 5% Oct 13 4'A Jun 32% Jan 2 July 18 35 'A Dec 30 31% Jan 28 34% Dec 10 35 % Feb 31 39% Jan 4 28% Jan 41'A Dec 2 23% Jun JarT 2 Oc""I 29 % Jail 312 Apr 2 505 Dec 18 481% Jail 90 Jan 6 96 Jan 23 83 %. Jun 22% 30% 4%% July 6 4'/z'le Ritter 48% May 15 Mar 31 20 10 '/a Jan 20'A Dec 2 19'A Jan 34 13 ya Jan 3 16% Nov 24 16'A Jan 20 37% Jan 13 53'A NOV 20 40% Jun 25'A Oct 16 8 507« Jan 26 24% Jun 24 Jun (Geo D; Corp— Royal Crown Cola Co— Royal Dutch Petroleum Co——20 Royal McEee Corp-—__—— Roper May 27 74 Apr 24, 2 22 Jun « 9 17 40% Nov 20 2 15% July 7 477*2 Mar 11 Ruberoid Co 30 10'A July 2 14% Mar 25 Ruppert (Jacob) 11% Dec 14 Jan 7a 22 .24%, 25 24%, 25% 26,600 25%, 33/ 33 33;:r 34%; '33':i 18.100 33%/ —— — 57 57 41% Dec 9 161 Jan 24 22% Jan 2 35 10 81% Jun 24 95'A Jun 84 % Dec 32 56 21 ' 35% Nov 2 31'/a Dec 21% Oct 53 Apr 7 26% Jan Jan 2 20 20% Jan 2 90 30 73 Oct 29 46% Dec 10 26% Oct 28 36% Dec July 10 25 2 5174 Apr 28 Sangamo 3 16% July Savage Arms Corp— Jan 7 2 39% Feb 10 70% July 10 437':! Apr 6 Feb 9 15% Mar 11 72 % Jan 8 877a Mar 74% Nov 3 Scott Paper Co common 5 77 Jan 20 81 Jan 147:; 14 71: 14%; 111 1,500 77%: 78 Va 77%: 78% .35.400 79'%: 53%. 54 Va 53") 54 53% 61 59 1 i; 59;14 11.300 56:5a 49 71; 50 7 a 20.000 . 53% 54 53% 62'1; 61 %; 62%. 60 % 62% 59 7 50% 50 % 50% 49 % 50 '/a 50 109%; 10974 110':, 47'% 47% 53 '2 47 24 9G 'Apr 13 99 '/a Jan 19 May 5 28'A Oct 2 71 Nov 12 85 % Apr 10 Jun 12 7% Feb 4 21'/b Apr 7 10 39% Sep 17'/a Jan 25 Dec 8% Jan 2 16 Sep 3 3 48% Dec 4 44 'preferred Scovlll 30% Mar 18 Mfg Co 23 % Jail 69*74 JuJy 7 7*7'it Jan 2 30 35% Feb 11 23 Jan 9 22 13% Jan 2 39% Mar 11 45% Mar 18 Sealright-Oswego 3974 Jan 5 49% Jun 6 277'a Jun _ 6 40 Dec 22 10 ys May 6 19% Dec 22 4'AMar 5 11 Oct 24 17% Jan Jun 4 54%; 53:%, 54% 81 801) 900 81 81 80%; 80%: 25'/:, 24 24%; 59.600 25%: 24 7« 2 7): 27,500 *,8,500 81%, 84 37% 38') 37%: 38 V, 38 38-i 38'/a '-9 40 % 39 40 39%, 40 39 40 % 39 52 7 53 7 56 *54 58 58 *54 7 :<43 43 42 43 43 48 43 43%, 27';: 27 : 27 %: 27% 27 27% 28 37%) 38 37:% 53' 27 '/a 28 26'» 6381 628 627%, *84 85 80 21% 21% -54 7 a ...377 38% 38 38'% 38 625 Va 21 7) 21%) 11 % 11 7a 117) U% 11% 11% 28 7 a 29 '/a 29%) ,307) 12 11%: 28%; 27 77, 277 is 2.7%, 28 197,; 197:: l!)7;; 19%, 1 i) 7 20 197i; 10%; 19 Tit. 41%, 41 41%:- 42 4178 16:%, 17%. . 42 18% 41 41% 41% 17% 17%: .17 7 is 17%; 17 Va 157) 157 "■> 15 7» 157 a 42%, 43% 41'a 42 Va 42"';: 10'% 10% 10% 10 7 a 10 *i) *107) *10%! 10 .*•18 a 10 Va 57 7,,.. 37% 37% 37% 82-" 82% 82 82% 37 8% Jan 10 26% Feb 25 46% Dec 1 25% Apr 11 3D7b Nov 17 1 Dec Jun 26 4'J 5 19 74 Jun Oil & Shamrock 8% Jan 13 17 Feb 12 85% Oct 7 75 74 Jun 24 90 74 May 21 17 y« Feb 24 23% Oct 14 18 74 Jun 23 23 22 New 26 Bheller 8 13 % May 20 20% Sep 30 17% Jan 10 2 21 Vz Nov 14 16% Jun 9 20 12% Jun 25 32 Va Dec 4 26% Jan 6 45 7,8 Mar 25 22 40 51 28 Jan NOV 17 38 Jan..14 50 % Nov 20 45 7 a Jan 2 70'A Oct 10 68 Jan 5 20% Dec 1 Apr 33'/« Jan 17 50% Jan 16% Sep 2 3 46% Mar 6 23 5 6 Simonds 317 25 72% Sep 30 58% Jun 25 74 74 Apr 14 7 46% Dec 19 4474 Jan 22 63% Jun 1 Smith (AO) 15% Jan 2 23 "a Oct 14 15 Jun. 29 22% Jan 5 Smith-Corona 14% Jan 2 25% Dec 17 22 % Feb 16 29% July 7 Jun 4 42 Tii Jun 23 45 44% Jan" 15'/a Apr 13 52',2 Apr 3 217b Dec 25 18 19% Mar Smith-Douglass 52'A Jan 9 Co 6% Jan 2 7 26 8 2 47% Jan 14 25% Jan 7 32% Jan 13 49% Jan 2 24% Jan 52 Jan 34% Jan 30 Jan 9 July, .6- Aircraft 38 7 52 '/a Feb 26 Dec"30 21% July May 29 32% Jun 17 54% Jun 61'A Dec 3 8% Southern 39% Apr 9 65% Dec 31 63 56 29 53% Feb 377 a arm 74 17% Apr 17 85% Jan 2 18% Nov 20 25% Dec 95 Mav 15 7 54 Va 34 95 55 7) 54 -4(i1 a 95') 27% 27 7 i; 3 500 28%: 28 Vn a 28') 27% 28 7 60 7 607): 60%c 27,100*. 59:1) 00%, 60 60%-. 65-%; 64% 65:7) 66 66 %. 59r!u 60 Va 591'» 60 GO 15% 15% 28:1a 28% 57 7 60 7 i; 66% 67 66 66'a 65 7) 53% 60 59 % 59'a 58 % 15%, 15%; 15%: 297*2 29 58%- 60% 59 4:-%, 44%; 43 % 44%: 43:1) 23% 237;. 22 % 23'a 22 7 a 4 71 (; 7 7 >.4 31% 31%, 517 28% 29 58%' 58 7 7') 327) 51% *50 a 29%, 59 % •' 25 21% 22' j *22-'':. 33 % *32:3 33% 33' '■J 56 1;; 56 % 565y 57 "a 57'a 73% 2 2 27 8 May 15 17 Jun 22 9 May 20 22% Jan 9 7a Mar July 78 897 a 217 4 Apr 12 Spalding (A G) A: Bros Inc Spencer Chemical Co common Mar 16 21 13 2 50% July 10 84% May 7 July 10 4.20% preferred Spencer Kellogg A: Sons Sperry Rand Corp common $4.50 preferred: Spiegel Inc* common $4.50 preferred Square D Co *73 77 38" 43 20% 20' 4 7"a 7% 7% 7:' :• 4 75%. 77% 86% 83 25 2 _No par 5 74% *86 % 34% 387a 39% 737 a 74'/a 73 73% 57 57% 57 "a 57" 18*7) 19 18% 19% 75% 88 H *20% 7"i. 72' 4 *861 1 a 74 14 7% 737 a 74'/a 4 17% 17"'a 18'a 17% 25% 26% 25' 25%- 25'.4 4 92% *91% : 48% 92% 92'a 91' 47:ia 46% 48% 47:; 83 83 82 82% 82 82 30 % 31 31 "a 31%. 31' 32 1 ' 48 *82 •' a 21% 7%: *66 7 88 94 1., 43 42 7) 46% ar 0 77 *73 17% 18 26: 27% 34'a 39 21 43 20% 18 37 34% 38% 43 42% 21% 26%: 37'/a 34% 77 43 '.; 1 50c 37%; 18 7 *73 42:% ! 58" 73":: *20:% 7 1 19.700 33 58% 57 'a 4 1 2.50 6 100 100 59 33 ' 77 *73 9.900 33 57% ' 4 1 Co_ 2 10 28% May » Servicfe Sparton Corp 97'.4 Feb 34 7 Public 5 2 10 Southwestern 100 *32% 1.100 22% 39 18" 5% a 34% 56 1 19 5.700 25 25 22' 12,500 51% *49 22% 6.100 7b 54%; 7 . 37% 72 1 57% 22% a 7' 33% 25 77.300 68' -4 *33 18% 51% *49 5.800 11.900 44%, - • 22% 25 38% 7 34 , 25 217a 57'a Mobile A: Ohio stock tr ctfs 4 05!'. 71% 19 4 51' 21%, 18:% 13 22 7 °247a 58:ta Jan 227 a 21% 73'4 19% Jan 22 7a 7 5,100 23% 58 437 a 21% j 8 "4 9 44:7u 21%: 57% Co Co 57 58% 33:i 32% 72%; Gas / , 44%, *49 No par 20 —— 28 a 337) 2.900 14.300 15.7 b *) 15% " 43% « 24% 25 • 23' 7 No par 674 Jan 26% Jun 1£%, 15%.* (Del) Co 4 29 —-2.50 com 5 25 Edison 1 15% 31 •'« 1,600 - 95 27% 00% "50 93 60 97*/rt. 27% 4.50 800 v'VD?dtr. 54*» 54% *94 28 96% 7 3 18% 201 . , 94 Pacific 77% Jan 54 % 94'a 47 54'a Railway common non-cum preferred 22% Jan 26 55 47 54%: Southern 30 29 46.7)8, 4)7') Southern 24 page -17 % 47'/)— • 15 797'e Seu see 33 % 47"""'" 29 27-% Oct 31 % Dec 11.400 31%. 33'a 13,800 33 31*%'" 60% Jan 3 2 17'4 74'/2 Jun 2 footnotes 13.800 17% 107" 4 9% Jan For 29.200 ,217a 13 62% Jan 20% Jun 8% a 17% 46 % 1 do 17 Va 54% 15 2.1 11.000 19 43'/. No par 12,400 17% 1 79'/ /80V. 22% 38'.1 56% Jan 88 79% .31:) 5 39% 88% 17 17 80%,,/. 4,200 181 *30 7 Is 85 7„ 21% Feb 39 17 79% 3.400 21%. -34% 4 38%; 477 b May 12 19% Apr 38% 17 'a 300 15%. .39 7'a 19%, 33 50 California 39% 22 Va 34%% E Ar G Co com Sugar 40 21% 33%. 1 Rico a .18', 1 1 19 7 21,7 5 Co 12% 39 7 29,200 85 15 17%. Ai Platinum Gas 12') 85 15% . „ 7.50 407a Jan 2 791 80 Natural 31 12% Jan 17% Southern 40% Dec 13 89 17%., 22 10 Apr 22 39% 17% 46% Jan Jan 67 % Oct 39 17*7 a • 34 1 32 92 59 % 17r,;i 79% 12% 86% 12% •" 2.000 15 37 75 26 38'a 34% 68% Mar 13 22 39% 37% 18% Jun Nov 40 1.700 31.000 24 * a "85 80% 34% 20 87 41» 39% 79;ia a 39 '!, 14% *85 37% Feb 49'/a Apr 15 34'a July 15 3 1?:% 86 14% a ' r. 3ft7); 12 7 6 85% 78:l 38 % 24 1.100 17% 4 I'M- 38 1 1*5 12% 12% 12% 14% 37% 19 30 247c 6. TOO 24:'«./ ■ 17% 41% 24 24% 87 , 24% 8,200 27.100 48% 18% 343;: 78 7% Dec 48% .37 %: 2 22% Oct 49 5 24% 48% . L- a 97 17 V:2 ; . 160 397') • 41% 17 *41 32% , .1 : 7G0 13,000 18.500 , 9.900 3,500 77 *73 41% 42 *20% 21 77 2O,60O , a 74 8,200 1.000 8% 13.900 74% 5.400 87 88 *86% 18 17".: i7% 3.800 257) 25'-. 25% 94.300 92% 91% 91% 170 50% 50% 50 "4 22.800 83 33 7) * 50 12,400 25;% 70':.. 38% 24% 24.% . — 89 'a . 8%T 8% 3 7' 14% a, 71 39% 41 24% 11,300 79% 87 25% . 70% a 8' • 24%' —5 13 8 . 5.400 17,900 " 25% 38% : 17'a 11% 407 ■ 39",; 86 % 1 89 Va 40%. 18 247'/ • 79 *69% »•' 33.800 " *77% *77 % 41% , 48% 25" 243:; "• . ■25 'a 71 8:!H 24 1 243:, a, 17% 41 ) * a 47.600 - ■ a 38") 8 44'A Dec 2 3 24' . % 49' a 'X 42 % *87 "25 *(>»)'5- Indiana Gas Ai Elec.No par 22 Jan 43 7 9 Southern 24 2% Jan IS 41 69i%— - 37:t.r,,'39 24% 18 41%- t 8% ', * 21 Feb 34'IJun Nov 12 28:,i • 25 lo preferred 63% Mav 25 70 16% Jan Puerto ?»%'• 3,7 a *. 3 7'A Mar 16 34 31 Dec South 2 695 69% 9 25 % ;;25% * - 87 17% preferred Jersey 25% 2*5 7a . . 1 79-' 87 87 87 Southern 29 2 10 19 32% Jan 357a Mar 6 29 37% Dec I South 26-% May 21 35 Dec 5% 25 9=77% • 17'a Co Amer Gold South Carolina Apr 20 9 Jan 49 36 2 33 May 34% 13 28'A Jan 347a Dec 30 .30% Jun 24% Jun 20% Jan South 87L> May 18 79'a 87 17%- Bocony Mobil Oil Co Inc Solar _J4% May 29 83% *77'a. 79'a 17'/:; ' 10% July 13 %• 82 "'i: 80%:./ , 19 Inc 43% 13% 82% 1 Smith Kline & French Labs 617'b Jun 30 42/: 13% 81-» . i ' rs IC 21%; Inc 42 '/a 13% 13% V 81"4 No par No par Marcliant 70'.: 13%- 42 3 a ia:% ; 16 4071.' 80% . . 6,000 16 09 % 14% 42% a . 1.030 42 39 "a 16 % 40 80:,i: 42 7 67' .661/ 70 14.200 27 V» •; % 16 38% 13% 67% —66*%- 31.900 1 67% i 68 % 79% -- 21' i Corp.— .*417) a 800 . 95 42 39% •» 5 Skelly Oil Co__ Feb 25% Apr 48 1(. 381 1 Co__ 26 7 34% , *93% 27 42 7.0% 16!% 38% :50c Steel-. Pattern 95 26 '/4 42 42 a 16'7 373a ' 21%, —__ : A; 42 7 42 .•. a Sinclair Oil Corp 2 *93 7 26% . 26',, 14% 19 Strapping Co Saw Simplicity May 22 a 677'a Apr 93%. 26 93 Va - 26 - ; 36% 1 - — Simmons 97% July 7 Jun 58 Signode Steel Co 5574 May 2 18 71: Jan 66% Dec 24 Slegler Corp 93% *91%: a 42%.. —09%- Tr— ordinary Corp-—% Corp of America 27.000 51 % 501 51% 68- 25 % shares Mig Sheraton Mar 11 Apr York 500 52.% 65 % 79 !e, 7.50 Shell Transp Ai Jan 22% July 78 7) 51%- 51 16/, *86 1 Shell Oil Co 26" 78 51% *76 377(; "77'a No par : 26 7), 78 79% 13% No par G) 27 27 "77 42 :__1 Gas (Frank Shattuck 17 26 7) .26%; 78 167) 1 No par 2.50 Sharon SI eel Corp Jan 26 7 *33 26% 37%. —3 Rubber Co / . 42% 42 34 ') 33% 497« 26 7 a 25 7 a 5 —5 $5.25 preferred . ,1—— Shalmioon Industries Inc 46 7*2 Jan 22 32% May 13% Jan • 78 , 10../10 55% 34 33 7 78 2571; ■* ... 35% 35 25;,4 33 25% 330 , a 36:%.. „ 27.500 82 7.1 255 *235 35% 33'a 35% 36% . 255 300 37% . 82 7) 82% 255 2,300 9.200 0 37:! a 377a 82% *235 33% 53 "77 20 Servcl Inc common 8 36 "a *235 £56 *236 ,. 36:),a. 36 7« Corp 18% Jan 7 255 1 7). 37 37% 82%; *235 _25 11,906 42%, 43%) 115,100 15'ii 157a 15%: 15%; 43 7 82% - 3,500 1,900 167, 37% Air Line RR Co Seiberling a 44%. *10%. Finance Co——„_—1 1 7,000 21%, 117a 16 Seagrnve 26 12,300 43:% Seaboard Apr a 21:'« 17" i; Seabourd 157u Mar 20 10 211 21%: 21% 42 sAmer——1 91 920 86 ' 21 7) 127n No par No par Co__r.-- 8,300 645 *84 36 "84 86 643 % 641'/a 637', 637%, '84 1.400 14,000 4 11% 3 A; 38 a 676 a 66 , a a 28 73 1 G 1 19% May 27 Sears* Roebuck 5.700 57 % *54 58 960 0.000 53 52% :>27« 8,800 4% 4 %i 4!« 7) 52 "a 53%: b . "4 4%: 4 7, 53»'a 53 53 a * 4 Va 4% 4%, 43% 40%. May 25 29 ., 82 ' a; 37% *53 1 30 1 Falls Corp 87 * 82 83 a h a —: 1 8(5 83 7 .4%. ——.100- 3.05%* preferred — — Bolt Corp of 2 Va 2 2%; 2 % x2 2'4 247 B 24% 37' 38 297a Apr 12 13 Vu May . Screw* & 10% Mar 11 9'A Jan 20 82 16 % Aug Mar 17 1 15.600 54%: 54 81 % 83. 931 common. 54 54 % 23% 23%: *91%. 4 1,200 150 367a ....No par — 500 47 7'a . *144 54 7*4 54% 80 £1K *47 4.7 148'% 148 33.400 110 107 110 Va 46% 47 %< 152 5.900 %'iO'H 54 71 80 237.: a 1067) 110%; 108%) X46'%; %'48 150' 150 150 a $3.40 preferred-——; 9 May 22 Oct Jan 2 87 92 Jan 9 11%; 10**4 11";; 14%: 150 - July 10 86 2 12 _ 10r'a 52.500 117, 50 7 Schick Inc——— .. 10,500 3 0 77 79 49") Scherlng Corp common-— 5% convertible preferred 21 17 68 Industries Inc Schemey 2 45 > Jan 17 35 _ 20%; *14% 100 10 10 —5 ——1.40 Electric Co— 20:11 14%, 117 % 5 4A0% series A 70 58%. 7 .58 ' 11%: Diego G&s As Electric Co Ban 4 5.300 . 49%; Regis Paper Co common 1st pffl Mar 13 97 10_ Bt Dec 12 25 9 29% May Jan A 5% 34% 80' No par 100 L San Fran Ry Co com Preferred series 46 61% Dec Oct 24 St 27 Jun 52-74 Feb 8% Apr % 8t 12% Mar 48% Oct 24 55% Feb 6 1 8 35 11 31 16% Nov 75 Apr July 79% Apr 30 52% July 10 38 20 Feb 34 Dec 16 17 18% Feb 12 32% Jan 13 10% Apr Bt 72 Nov 21 97 6 25% Jun 1 2 15 2.100 14% *46 1.66% —-100 100 Joseph Load Co 10 Joseph Light Ai Power—No par 36% July 56 79%. 11 108 preferred —— 4.30% conv preferred— 5 42% Jan 14 91% Jun 17. 17 Jan Apr 258 • 21 21 'a 18% 14% 4% 1 30 Vn Jan 2 21 Jail 28 Apr 28 33 58 207a 32%: 58 21%. i' 80 % Safeway Stores common 15 Mar 24 90 May 25 236.- 233'% Nov 19 10% Jan 24 42% Jan May 22 22 3%'.. *57% 327; • 10 24% Jan 56 7) 58 800 18% 18 7a 55 7) 55'2 33% 18%; 57 56'a 21 %; 21" 500 18% '18%, 18 % 22 9" ' *9 9% 9 18 % 57 ''4 ■ 01% ——1 —1 5 Rubbermaid Inc——— 15'/b July 30% Jan 22 % 24% 3 l'*,i 9% —.1 —_1 ._1 Rqnson CoTp 8 12% Nov 2 22 22% 22%: 22 1 257a 13% Antelope Copper __—. 9JO 34 % 1 £3% 5 — 14% Mar 25 25 '/a Dec 17 7 Company— 32 31% 24 - 32 Corp..————-—10 Rolir Aircraft Corp 30 Apr 30 Jan 1,300 31 %t 32 "57 No par Corp 24% Mar 12 7% Apr 16 25 July 10 92 30 82 31% 79% Mines,— Robertshaw-Fulton Controls com—1 5 %% convertible preferred -25 Rochester Gas Ai Elec Corp—No par Rochester Telephone^ Corp 10 Rockwell-Standard Corp ————5 Rohni & Haas Co common—. .20 4"/o preferred series A——100 23 22 38% Jun Oil Paper Roan 5% Mar 17 Jun 20 27 645 preferred series A conv 2nd pl'd—. Richfield Riegel 12% Jan 22 % Dec 8 5 26 38% July 10 2 29 35*::: 1 32 Reynolds (R J) Tobacco com——_5 Preferred 3.60% series —100 Rheem Manufacturing. Co —1 Rhodesian Selection Trust— 5s 29 84 7i* Mar 26 28 a 313 14%. 1 50 .—100 Reynolds Metals Co common 15 Jun 347 58 —— Rexall Drug & 8 48 7a May 55 357a 1 22 10 %» ——5 1 Chemical Co.— 2.50 Inc Revlon 110% July 537(i Jun 2'2'n 35' t : 1 % ——1 $1 7 Jan 22', 85% 21 9 50 21"%: 35% "5,7 10 ,10 Jan 22%' 22%: 7,500 22% m 35' 57 „_50c 2*74 Jan 57%: 35%. 56' is 56 5b % 48.900 55 28 1 25%. 9% Corp common 25% May 97)600 557;: c 18% 10 10 Reliance Elec & F.ng Co —5, Reliance Mfg Co common 5 Conv preferred 3 74% series-,—100 preference $1.25 div prior Corp 111 30%u 4 2.480 & Co—. (Itobt) Reliable Stoics 63% Apr 14 50% July 7 £4 16 29 26 19 16 23 17 a 23 • " 34% convertible preferred Republic Steel Corp.— Revere Copper Ai Brass 7 July 2 29 7 1 2 1 Republic Pictures 27 18 20'/a Dec 30'., *31% Republic Aviation 24 109% Dec Feb 28 65 79 % Jun 87% May 22 9 72 7a' 23% 31*'. 7 5774 Apr *71'i; 29% 31% 7 15 47T'« Jun .72% 22%, 7 150 71'% 28" 35% 54 % July 3 66% Apr 33% Jun 8 22 % May 37% Apr 71 26 %; 57 7/ July 80% July 14 7ii 70 % 71'% 21%; 25 8.500 34% *35'% 117ii July 22 6 8 5 28 7 9 12 900 4.6U(J :;i -1 35'% lst noncum " 1 34 1 33 7 57" 26 28'!) Jan 20% May 72 7) ■>. (2 3t'% 34 %; 22 7b 5 60 Vb Mar Jun 55 33:! 55% 29 60% Apr 13% Jun 54 22 33%, 35 % 34% July 10 May 20 60% Jun 24 16% Dec 72'% 21% 17 207(1 Apr 697:: , 83% 27%: 16 16% Jun 42% Jan a 71%, 71% - 22 12% Feb Jun 7 8% Nov 2 697 *?'•> 1 71 % Reis 3% Jan 6';*.: 71: preferred——50 4% noncum 2nd preferred.——50 Reed Rollqr Bit Co -No par Reeves Bros Inc. 50c Reicliliold Chemicals ——1 14 1 2 19 Tii Jan 69' 72% No par 1 ——---5 ___50 4% 26 37% Jan 5 70 35% Rayonier Inc ———. Raytheon Co — Reading Co common... 27 21 Jan ■« 34 72 Rgybestos-Manhattan 74.000 69. 68%: 69% 72 70 72 —5 Inc Ranco 6 737s Apr 25 21% Jun 29 2 70% 69 7 com__No par No par preferred- $3.50 1st 5 May 22 30'A 10 17% May 28 Jan 38% May 6 21 60% Oct 8 14'/-Jan 13 6 9 56% Jan 31 45% Apr 25% Jun 9 74% Mar 23% Jan 12 10 2JV,iFeb 71 69% Jun 31 75 Va May 2 30 $0% Jan Corp of America Radio May 11 9 Feb 43'/a *82 33% 83 347a 140 696)00 & Volume 190 Number 5863 . . The Commercial and Financial Chronicle . (173) NEW YORK STOCK EXCHANGE STOCK RECORD Ranee for Previous STOCKS Year 1958 Lowest Range Since Jan. Highest Lowest i 74 69 Ve Dec 2 8516 May Aug 29 Jan 3 2 Jan 6 3 2 3% NOV 61% Nov 43'4 Feb 25 .35% Feb 18 21 3 19 2 3% May 29 49% Jun 24 44% Jun 12 2 89 11% Nov 10 14 14% Jan 18% Nov 2 Jun 24 $3.50 Standard Gas Standard 62% Jan'; 23 Oil 17 Standard Oil Standard Oil of New 23 Standard Oil of Ohio 8 Jan 92 7 38% July 117 6 12% Jan Apr 7; 3%% $1.60 41% July 7 17% Feb/ 18 12 convertible Standard Ry Equip 15 2 34% July 9 23% Jun' &r Starrett Co (The) Jun 9 5 71 Apr, 21 26% Feb 34% July 45% Nov 12 42 % Jan 57 % July 8 8 20% Jan 27% Mar 13 15% Jan 2 22 - Dec 2 16% Oct 7 15% Jan 18% Jan. 3 18% Nov 28 17% Jan 37% Jan 2 60% Nov 12 2 26% Dec 18 2% Jan 2 16 20 9% Jun 39% Feb 14 66% Dec 31 15% Jan 2 28% Dec 29 1 12% Aug 14 " 9 Apr 79 Jan 59 ■ Apr 24 16 20% Jan Oct 87 69 Jan 50 Apr. 26% Jan 11% Jan 2 28% Dec 2 Nov M5% Jan 15 24 87 July 57% Jun 25 94 24 Jun 38 Dec 30 33% Jun 97 Dec 19 94% Jan 5 9% Jan 24 25 31% Mar 3 19% Jan 1865 42 % 2 7% Jan Aug 11 Sep 6% July 1695 5 29% Dec ■ 3 29% Jan 18% Jan 30 36% Dec 2 Jun Apr 35 2 58% Nov 21 Feb 52 13 24% Nov 2 86 3 Jan 2 30% Jun 25 74% Feb 26 27% Jun 11 Aug" ""8 37 2 6 Feb % July 10 27 Apr 1 19% Jun 24 10 19% Jan 89 2 Jun '38% Jan 12 Jan Temco 30 2 87 25% Mar 16 6% Jan 44% Jan Gl% Jan 27 27% Jun 9 17% Dec 2 7 67 28 11 Dec 16 Feb 9 Feb 18 19% Jan 8 21% Dec 112 8 63 72% July 8 Instruments 1 62% 62% 61% 31% 32 31% 13 ^ tf— 13% 13% 14 13% 90 87 *36 88% 59% 59% 59% 59% 60 60 60.% 25 % 25% 25% 26 25% 25% 27.200 22% 18,700 No par *87 58% 1 25% 25:% common _25 & Pacific Land 22 % 22%. 33% 33% 99% 99% 10c 25 , 7 41% *25% Feb 17 53 Oct 60 16 45 Jan 1785 7 1750 42% 41% 42 26 26 26% 1760 42 *25% 25% Jun Feb 15 10 39% July 8 24% Jun 9 '42% Mar 38 % Feb 9 43 42% 43% 42% 42% 19,800 13 12% 13% 13%. 12% 20.500 37% 38 37 3 4 38% 39 lb 39! ;;t) 1 39% 39% 11 % 39% 11 !b 11% llyb 11 " 3,100 11% 11 3a li 11% 15 143b 9,700 14% 87% 143H 14 7 14% 1 4 7 {8 14% 14% 8,900 86 a a 873i 87 lb 88% 08 83% 33% 32 3 3,600 4 33!4 33 33% 33 33% 33 33% % HI7,, 797b 29,600 80 % 78:% 80% 79% 80% 79 % 39 300 28% 79 3 i: 52 Jan 14 34 % Jan 7 28% g>8% % 287a 29 29% 28% 29 34% 32% 33% 33% 34'% 34 34% 34 34% 20 3 4 29,500 203b 20% 20% 20:% 203b 20% 20% 20 3 4 39.300 148%- 149% 30% 31 143 37 18,300 30% 24:'» 24% 119% 28 147 23% 141% 144% 138% 29 lb 30 '/a 29% 30% 29% 143% 29% 23 •" 24% 119% ■ 24 23% 23% 23% 23% 3 55% Dec 1 21% Jan 2 42% Nov 21 54 % Jan 34% Jun 15 10% Jan 8 15% Jun 16 9 Jun 16 32% .Jan 6 39% Dec 5 3% Jan 13% Jan 2 15% Oct 28 18% Jan 7 17% Apr 13 26% Oct 22 19% Jun 17 25% Apr (J R > 10 36% Jan 5 conunoii..-:. 75% Mar 3 5% 43% Apr 10 13% Mar 5 121% 119% 119'% 119% 119% 121% 210 70% 70% 70% 70% 72'% 71% 71% 70 V* 71 % 10.800 27 26% 27% 27 27% 27% 27% 27% 29% 28:,b 115,200 29% 29 28% 29 28% 29% 29% 29% 33 31% 6,200 32% 32 % 33%. 33% 33% 33% 33% 33% 33% 53'% 51% 52% 51 % 52% 50 51% 50% 52'b 6,700 87,900 25 24% 24 % 400 (i8'L- (>7 % 67 7b 17,000 48 Mar 1.3 20—- Twin 85%- *24 % 68 21 16% 22 56 % 567» 56 % 57 20% 20% 20% 16% 57% 20:ii 24% 217n 16% 16 3) Kan-. *83% 86'% 50 243,i 25 % 24% 25'% 16.300 21% 85% 24 »b .21% 20% 56 31: XlG3a % 24% 21% 22 *83% 24% 24 2lTa . 22 21% *83% ■ 3,800 56% 20% 58%: 58 593M 21 20% 21% 16% 16'?:: 10% 16% 16% 64!.1 64 tii 64 % 661 b 66% 67 66 ~2 Corp Electric cam in on 29 29% 29% 38% 29% 29' 29% 29 38 !b 39 39 39 37% 24 41%. *52% -24 50 *54 1 common *66 _1 35% No par 9% __5G Co -- 45 % 1957—50 " 39 23% ___i (conv) Co pfd scries of Coach TXL Oil *83% 241M % _2 ; conv *120 52 10 20th' Century Fox Film— Twin City Rap Transit com 5% conv prior preferred— ' 6,300 *119% 69% 25 Preferred series A 1 9 9.600 l Co— Co Tung-Sol 2,400 26% _50c Transue & Williams Steel—No par World Airlines Inc__ 5 59 Feb 11 54% Mar 3 87% 28% 149% Trl-Cbntinental Corp common—1 $2.70 preferred—_ __50 25 lb Jan % 20 3 b 30% Truax-Traer Coal Co 56% Jan 12 88 33 Trans 5 22 Jan 200 12% 148Ti 14 Jun 21 520 2.800 27 42% 1 30— 52 *25% 43% 80 _____ 18 27 40% 12% 10 __ Oil Trane 7 1780 39 12% Trust— 26 Jan 1750 40% 42% 33 ___No par 70 Jan *^16% 9,200 1795 15 Chemical Transamerica 1.700 1,400 7% 14% —. 15 337h 101% 7 12% 87 Timlcen' Roller Bearing.—r__No par Tishman Realty & Construction—_l Toledo Edison Co —' 5 Jan 33% * 15 32 22% 10 5,600 11% * 1 17% Apr Jan 4.605 ■ 42% 84 Jan 3,100 12 9 $1.20 preferred 59% July 10 24% Mar 20 1,800 13% 100% 7% 40 84 2 13% 42% 1 common Oil 204.600 60% 30% : 33% 6% 27 Tidewater Jan 10% '■60 1,100 10,200 100% 1775 40% *26 %:. ; 30 , 22%. 33% 100 7% 16 2 24 19% Mar 11 2 15% Jun 13 36% Dec 7% 11% 83% 22% 33% 100 14 1 43 7 *86 23 33% 99%. 24 15 23% Feb 20 22% 33% 99% 29% Apr 16% Doc 17 22% 87 ' 69 26% Dec 40% Nov 13% 25 7 58 Apr 25% Nov 13%: 13% 67% 2 2 30% ; 31 Cl% 30% *2414 Mar 1 61% 31 67% Jun 2 61% • 8,600 ' 63% 31% 31 24% 70% May 64% 60% 99% 1762 ' . 10 25% 22% 1785 Vi? 3.1 11% vi 33% ■ 7% 1765 5 Sulphur Inc 25% 30 '55 63 v 11% 31% .58% 12.50 of i,63% 31%, . ; 62%' *87 58% : 31; 66% 21 16% Jan 90' /!%. : 24% 45 % Jan 52% Oct 1.800 63 • . ok 21% 27% Jan 3,600 31% 12%; 63% 31'A 24 18 17% Oct 900 63% 12,000 11% 66 % 14 2 18% 24 25% Apr 10%. Jan 23% 18% 18 Thompson Ramo Wooldridge Inc— V Common ; 5 4% preferred __160 46% Nov 37 17 13 %> 23 2 32% Nov 56% 23 % 17%- Jan 31 21 56 23% 88 10 21% Nov 17 23% Jan 57% 1,100 25,700 > 31 Thompson 21% May 15 33% May 27 56% Feb 84 2 33 11% 6 65% Dec 33% 31% Thiokol 15 33 31% 11% 4 J an 33% 63% 2 - 59 33%. 64% 6 12 % Jan 58% 34 03% Mar 16% Jan 59% 33 % 18% May 42 34% 18% 36% Mar 5 18% V *18 29 28% Aug 18% V 18 72 2 13,200 18% 57% 03% 18 22 Jan 62% 18'% 59% 62%. 18% Apr 24 47% Apr 17 Jan 61% 18% 58% 18% 30 20 62% 18% 59% 17 29% Dec 15 1.000 62% 13% 58 23% 38% Nov 21 May 20 22% 68 18% 55% 2 Dec 67% 18% 17% 25 73 68 58 % 5 Inc Pacific Coal 40,500 23% Apr 90 22% 6,000 9,500 .33% 57% Feb 8 221 '■> 23%, 13 81% Oct 23 17 22 41% Feb 25 23 52% $1.25 conv preferred .—No par Thatcher Glass Mfg Co..___ 5 Apr 16 22% 17% 23 1 22% 23% 16 2 % 33% 52% 24 Jan 23 40%. 16%; Xl6% 16% 9% Apr 28 15% Jan 2 Dec 16% 34% 23% .—__Il Gulf Textron 16% 33% 221'. 52% Sub share ctfs ex-distributlon 1 Texas & Pacific Ry Co___ 100 Texas Utilities Co —No par 29% July 10 31% July 10 16% 34% 17% ___i Corp Texas 26% May 18 124% Mar 18 Nov 16% 33% 23% Corp____ Texas 29 16% 33% 52% 1 series A Texas 39% Jan 23 14'% Mar 10 133 153% Jun 16% 33% 1 Inc__. Texas 2 1 39% Aug 22 24% Dec 25 98% Jan Dec 40 16% 300 . 17 Texas Gas Transmission Corp_ 5 Texas Gulf Producing Co 33% . 41 100 112 23% Tennessee Corp__ _2.50 Tennessee Gas Transmission Co 5 Texaco Inc L 25 35% Apr 14 35% Jun 29 4.0 *106 54,700 1 (James)__ Aircraft 41% 108%. 3,700 36% 52 25 Talcott Ino 107 % 33% I Co TelAutograph 41 35 39,200 211,300 18% Sweets Co of America _______4,16% 39% July 10 13% Mar 16 41% *86 38 48,700 46%. 57 20 Mining A 40% 87 118 37% *110 33% 68 ___5 Symington Wayne Corp...- 35% Jan Jan 23 40 34 *86 38% 120 52% . 23% 1 —______ series 87 37% *110 52 16% __5 ; 9 9 15 Ton 38% . 32% __.5 common 2 14 26% Jan May 11 *85 117 46% .1 Co_ Swift . 29 9 20 5 Co Superior Oil of California Sutherland Paper Co 23 Jan pfd Biscuits Sunshine 37% 117 ,_15 9 17 16 1 90 ____No par 2nd 5 % % Sunshine *85 __20 ____ 11% Jan 5 57% " 5 19 Dec ,86 35 % 50% 57% com Jan 9% Nov 36% Dec 06 37%, 47 50% 100 preferred preferred 15 % Mar 20. 2165 A 4 % % 20 8 «>Q1A 20% Dec 89 17 " 106% Feb 47 8 24 8.9 46% 58% 5 Sunray-Mld-Confc Oil Co 38% Jan ■ l 2 2 55% Feb 29 3 9% Jan 25% Alar 18 57% 47% 51% 57 2_.No par Sun Oil Co 27 38% Jan 38% Aug 27 13% Aug 19 2 Jan 25 3% Jan 22% Jan Baer & Fuller $4.50 series 9 24%^Apr 19 72 Feb 57% A Sandsttand Corp____ Chemical Corp common Mar 13 29 5 1360 57% 5,900 51% ' 58% Sun ' Jun 7 2 65% Feb 17 22 13 51 46% 50:'.i Co Studebaker-Packaid Corp. Sunbeam Corp.—__ 15% Mar 20 23 Jan 46% 52 58 __ Stone & Webster-;. Storer Broadcasting 26 66% Jan 25% Apr 6% Jan 46% 51% 47% 51% 57% L S Stokely-Van Camp Inc -5% prior preference 38% May 29 22% Aug 14 30% Mar 19 . Stix 12 May 6 65 2 Apr, 33% Mar 25 55% May 24% Jan Jan 47% 50% 18% 7 10 (J P) Co Inc~ Stewart-Warner' Corp 19 20 52% 46% 19% _25 Stevens ' 10% Jan 15% Jan . 3% 51% Stauffer 1 2 Jan 3,400 3% 52% Sterling Drug Inc. 29 Feb 3% 3% 51% Chemical Co——. Sterchl Bros Stores inc 43 22 3% 3% 52% 22 11 27% Oct T 3%. 3% 23 Dec 2 27,300 51% 18% Jun 13 % Jan 54 17% Jan 18% 3% 59% Jun 14% Nov 20 29% Jan 14 17% 18% 52:% Stanley Warner 'Corp— 26 61 10% Jan Jan Jun 160 18% 18% Shares 52% Mfg Co 18 76% 17% 18% 1 6.25 common 20 , 68% 75 76 the Week July JO ' 3% preferred preferred $1.20 66%; 76% 65% 75% Friday July !> 18% Packaging Corp convertible 66% 76% 65% 75%'t' 70%' 65% 1 Jersey series 65 % 65 75% *75 .Sales far Thursday 64% 10c of 'Indiana—. preferred Standard 0 July . T-t' SALE PRICES Inc of' California'3 26 30 HIGH Wednesday July 8 Co__ & Electric 64% Jan 7 Jun 31% Jan 6 '• Coil Products Co " 64%' AND Tuesday July 7 July (i preferred —I———No par Standard 52-% Apr 84 18 23% May 11 33,4 Jan 26 Par _ com___No par" 59% Jan 27% Jan 33% Dec 31 3 .82% Feb Inc 9 85 29 Dec Brands 23 55% Jun 2 Standard 24 49% Jun 31 Jan Sep 8 59% Dec 10% Jan 23 3 69% Mar ' 94% May 26 29% Dec 30 36 Jun 14% Jan 60% Nov ' 17 7 ~r 73 21 Nov :"50 42% Feb 24 86 % Sep 61 % Jan •17% Nov 28 . : 47'/a Feb 19 Monday '; /'/ EXCHANGE.. .. 4.0 Ve Jan LOW NEW YORK STOCK . Highest *39 66% % 30 'b 393i 3.900 x66% 66 % 4,300 29% 29% 24,400 39 39% 2,300 - 23:,m 23% 23% 23% 41% 41% 417ii 413 ii 42 41 % 42 41% 42% 53 52%; 52% 53 53% 32% 53 52% 53% 24% 24 7 b 24 -24 'b -r 55 68% 56 46 *66 36 % 36 9% 24% 24%- *54 47 % *54 46% *9 24% 56 46% 67 *66 36% 23'% 24 40% 56 45% 68 35 31: *66 30 36 68 9!b 9% *36% 41% 'vi6% 14% 14% '4% 20 3 it 20 7 14% 14% 14% _1 20% 20 7 b 20% 20 7 b „ 9 % 20 46% 37% 9','4 14% 23% %~ 24% *54 *36% ; 41% 41% 1 Corp , 11,300 7,600 14 9% 41 % 15 20%; 23 % *54 45% *65 36% *9% 40 233;i 14,000 21,600 1,500 8,600 - 56 46% 5,800 67 38 »» 28,300 9% 2,900 40 50 14% 14% 6,700 20% 29"'m 14,400 u 9% Jun 19 12% Jan 2 5% Jan 12% Feb 2 23% Dec H 11% Dec 29 44 30% Mar 25 83% Apr 27% Jan 4 20 Nov Jan 2 14% Jun 20% Jan t 2 30% Mar'13 10% 9% Jun 12 41 Jan 28 14 31 120 % Feb 9 32% Dec 31 30! b Jun 19 Sep 15 81% Feb 5 103% Jun 23 90 Jun 29 75 Apr 27 75% Jun May 22 July 7 77% Feb 84 Apr 81 Afar 24 5 70% Sep 4 80% Nov 10 40% Jan 13 94 Apr 25 54% Jun 24 44 Apr 29 24% Jan 36% Dec 16 33 Jun 9 8 2 8 Apr 2G% Jan 9% Dec 18 37 % Dec 31 13% 13% 27 29 % 11% 10%' 11 % Bag-Camp Paper Corp 6% Union Carbide Corp—No par 146% Union Electric: Co, common.__._i.10 Preferred $4.50 scries.-_j.-_No par 4 18 Preferred $3.70 series : Preferred $3.50 series 25 Preferred 3* $4 series._._2___No par Union Oil 19 Union Pacific RR Co common. of California..! 9Va Feb 26 37% Jan 6 Union Tank Car Co 25% Feb 4 Union Twist Drill 30% Jan 6 43% July 7 United Mar 26 United 91 Jan 2 108 15% Jan 2 Jan 45 Jan 37 „ Apr 15 100% Mar 12 10 2 36 93% July 27% Dec 27 Va Nov 26 27 51% July 117% Jun May 21 32% Sep 79% Oct 8 15 48 29 Dec 7 24% Feb 22% Jun 90 July 7 66 2 136 9 8 Apr 13 38% Apr 10 88% Apr 17 65% May 29% Jan 12 13 34% Jail 16 Jan 2 2 50% Aug 28 33 % Jun 29 27% Jan 45% Mar 2 40% Dec 33% Jun 19 42% Jan 34% Jan 2 50 23% July 9 48% Jan 31 16% Jan 12 13% Jun 17Tb Feb 16 21 16% Jan .21% July 2 2% Oct 21 47% Dec 3 31 18% Nov 2 Dec 16% Dec 22 32% Oct 29 33% Apr 29 37% Afay 20 48% Jan 8 78 1 58% Apr 17 20% July 8 '/a Jan 45% Jan 30% Jun 2!b Mar 10 _ 30 57% July 10 34% Mar 4 *112 96!i 1 30% No par Corp Gas United Gas Improvement Co United Greenfield Corp _• 85 Apr 14 US Borax & Chemical Corp 4%% preferred - 35 Jan 26 U S 25 102 Dec 17 95 % Jan 8 120 Apr May 23 147'b Jun 25 165 Mar 30 16% Sep 41% Sep 2 Jan 7 8% Jan 2 11% Oct 3 47% Feb 39 Jan For footnotes see page 2 8% Apr 22 34 12', 4 Jan 27 29 Jan 26 29 10 % Jan 7 14% Apr 12 41% Feb 4 44% May 28 26. 3G% Mar 2 17 A Foreign Securities* US Freight Co US Gypsum Co common 7% US pieferred Holfman 5% class A 4%% common preference. Inc preferred 25% 25 25% 5,200 94 25% 3,500 13.800 90 90 31% 31 32% 10 33 7 b 78 76% 62 *62% 63 3 '8% 9 8'% 9 36% * 8% 35% 36 34% 76% 4 10,200 1,600 200 15,700 35 la 1.400 22% 22% 23% 32,900 34% 23% 35% 23% 35 35% 36 3 b 34,600 35% 51% 20% 34% 51% 35% 35% 353 21,000 52 51% 52 20 20% 20% 20 3 b 3,000 15 16% 16% 17:% 57.700 20% 21% 20% 21 26,900 13% common 6eries A 51 10 20% 2 14% '21 -15 21 % - » 2,300 1% 9.90Q 52% 53% 52% 53% 533b' 54 3:» 19.500 31 31!b 31% 31 li. 31% 31% 2,040 1 43 45% 83% 46 46% 16,900 *83 44% 83% 43% 100 ©om *83 83% 1% 1%: 1 32% No pat 50% 107% 108% 149 150 *83 50%' 4 lr'n 32% 100 Mach US Industries 100 96% 31% 34% 25 6 171% 1 125 95% 31% 34% preferred.— 16 2 *105 97 22% United Merch & Mfrs Inez 1 United Park City Alines Co_-____l United Shoe Mach common 25 30% Apr 23 42 % May 6 14 34,700 5 Corp__ 38% Feb Sep 23 52% 10 81% Jun 6% Jan '51%- .7.600 No par Co Corp 6 65% Jan 57,300, 77% 36% Fruit 43% 62 5 Engineering & Foundry 1,500 423« 78% 8% United 4 31% *90 32% a 22 3 - 62 1 2 153 32 26% 14,800 34 7 113 31% 94 8'.b 34'4 22-% 52% x97 31% 37,600 62 ; Jan 21 8'b 117,200 43% xl!3 96'.b 250 2 78% 5 37% Oct Jan 10 —No par 25% *90 (Del) 90 58 No par 125 49' 630 35 3 b 35 8% conv.pfd—100 pfd 100 conv 2 11 8% 82% 51 Va 4 57% Dec 8% *81% 48% 52Tii 2 14 8% 74 8i% " *72% 51% 26% Jan 51% Apr 35% 74 5 common 21% Jan Dec 50% 34% 81 23,800 77 42% United 6% x48% 35% 32% 92 42% Electric Coal Cos.* Industrial 50% 34% 17,800 92 41% $4.50 preferred United 50 6,400 3,500 148% .'*73% . 10 United . *72% 81 74 81 *72% 32% 35'b United 9 22 17% Dec 2 Jan 30 77 32% 47 49.400 ,, 32% 92 *73% 22% United-Carr Fastener United Corp (Del) 37% Mar 16 21 16% Oct *90% 77 34% United Board & Carton United Carbon Co 6 32% yi *73% 22% of-America 21 31% 91 i--.- 353b Biscuit , 46 147 22% Corp 9% May 19 34% Nov (ser of 1556) 47% 148% 22s« Artists 2 2 11% May 16 5% Jan 2 4% 1955) 46% 147% 34% Aircraft Corp (Her of 47% 147% 8 Inc— 4','0 47 3,200 '• No par / United 8% Jan 2 Lines ; Co United 18 11% Jan Air 25 _10 preferred/.——___10 32'% Mar 26. 69 46% Mar 10 non-cam 30% Jan 22 95 Mar 24 8% Nov 22% Jan Jan 3 26% Jan Jan 4% , 1093) Mar 26 9 12 f 53% July 10 12 Aug Aug No par No par 38% Feb 17 69% Aug Co Union 26 143 k3 13% 27% 10% Jun 31 10% Jan JJ%. 26% 12 33 % Feb Jan 6% Jan Mar 13% 26% 11% 20% Jun 111 19 87 13% 26% 33% Nov 52% Jan Oct 81 1 Rubber AhUuaLoa 24% Feb 18% May 21% Jan 91 71 98% Mar (The)— Corp—___——Nopar 5 Uiiioi. 51 Apr 2 149% May 29 35% Miir 16 126% Dec 2 Corp Underwood 4 Afar 16 17 92 Udyllle 82%c —_50 _i 50 11% *35 111% *43 U3b 35% 12% 45 . , 31V* 13» 32'b 50% 1% 313b 50% 32% 5912 5014 105% 109 105 107 151 151 151 151 11% 11% 35 35 11% *43 11% 45 11% *35 12 *43 11% 35'2 13% 45 110 7,100 6,300 19,500 200 22,800 300 33,600 25 and Financial Chronicle The Commercial ■26 . . Monday, July 13, 1959 . (174) EXCHANGE STOCK RECORD NEW YORK STOCK LOW STOCKS NEW YORK STOCK .,—•/._ Previous Ranfe for Ralnge Since Jan. t Highest Year 1938 18% Jan 2 Jan 2 66 73 Sep 5 15 82 Jan 3 26% Mar 7 Apr 14 31Ya Apr 140 21% Jan 2 2 25% Jan 46% Jan 3 51% Jan 13 143% Oct 3 19% Jan 2 35% Apr 20 2 2 30%Jan 6 9% Jun 17 28% Nov 20 95 Nov 18 43% NOV 21 80% Mar 14 108 Dec 1 48% NOV 18 154 Jan 22 36% Nov 11 41% Oct 14 53% July 29 97% Dec 30 158% Jun 12 32% Jun 16 38% May 16 32% Nov 2 8% Dec 30 237k Jan % Jan 24% Jun 8 Jan 76 l5 154 33% Jan 19 31 May 7 50% Jun 23 34% Jun 68% Jan 8 60% Deo 10 85% Jan 5% Jan 2 9% Oct 30 Nov 13 17% Jan 6 6 8% Jan 6 39% Dec 29 67 Dec 10 70% Apr 2 23 22 19% May 1 32% Feb 14 78 3 157 10% NOV 74% Jan Jan 142 NOV Sep 4 24% Jan 2 37 30 29% Feb 17 Jan 16 84 8 Feb 9 48% Jan Jun 9 36% Feb 46% July 34% May 42 Jan 13 July 2 11% Aug 27 9% Jan 2 22% Jan 21% Jan 2 24% Aug 27 32 Dec 10 14% Sep 29 5% Jun DOC 11 36% Dec 3 Apr 7 45% Jan 23% Jan 77 % Feb 17 85 May 2 22 Oct 75%' Nov 17 101 Oct 20% Jan 8 40% Dec 3 Dec 24 17 2 19%. Jan 2 *4 82% Jan 2 17 83% Jun 9 99% Jun 81 July U 8 99% Apr 30 95 83% Dec 3 8 May 13 7 42% Nov 20 13% Dec 12 20 Jan 33 32 % <V/o $5 53% July 9 13% Mar 17 2 20% Mar 21% Mar 96% Feb 20 2 103% Feb 11 Jan 3 89 Nov 13 84 Jan 13 ,97 Dec 30 96% Jan 9 9 2,600 507a 50 % 1,800 50 % 50% 103% 50;! 50 Va 102 Va 144% 145 1447b 1033 a 14634 247k 24 Vi *34% 10174 1047k 83,100' 145% 24 74 1467a 24% 3,600 357 a 35% 35% 376 37% 4,600 157a 2,200 24% 24% 243 35% 24 3474 35 34% 24% 347k 37 Va 37% 37% 37 % 38% 37 Va 38% 37 Va 15% 15 «» 15% 15% 15 V 1574 15% 15 74 *18 80 *79 45 46 50 9 9 Vit 9 80 46 467a - *28 V 28% ■ •20 447k 44% 45% 6,300 49%, 50 5034 *49% 1,400 155 Va 51 155Va 22% 22 22% 21'a 227« 130,500 28% 28% *28 2874 *2374 2874 500 80 Va 82% *79 43% 29 78% 44% 22 % '80 79 40% *153% ' 22% 78%' 44% '32 % *78 *152 155% '153% 82 82 44' 32 Va 3274 333 3174 323 k 31% 32% 32 44 44Va 43 % 44'% 43 7 is 45% 43 V i 45 38 Vk 38% 39% 38% 39 V» 38 Va 3874 387k x 44 Vh 13 107 k 35 10% 10% 12 24% 26% 26Va 2774 35% 34% 34% 35 353 6% 6% 51 Va 517k *78 80 57% 134 561 ;l()0 *78 33 33% 32 Va 33% 33% 3374 33 % 32 4,300 58 68,406 a 80 99 98 90 99 98% 99 98 97 35% 36% 3574 12,00c; 67k *73 com—No par 2.20C 35 131 80 4,000 "*•27% 6: Ik 59 *78 80 *78 80 4 136 59%, 57 V* 53 13574 135 134 134% 133 13474 4974 26,800 a 6% 6% 2,300 16.40C 1274 35 6% 6 3,800 38 Vi 27 25 *34% 27,300 a 44 37: 12 6Vk 133 5 Va 32 10% 253 4 6 437a 24% 107 k 25 34% 5 Co Inc—__ ———10 44% .390 82% 43% 7 6 Vk 437a X43% 50 443a 75 ' 14,000 10 80 48 Va 77% 2874 4 9 74 97a 9 97k , 363 4 preferred 35% 33% 357k 357k 103 82 88 *81 87 *85% 87 83 *83 84%< *85% 83 • 51% 12% 18 18% 19% 19% 19% 95% •95% 95% *85' % 87 *83 84 130 823 k 87 a 50 130 Vk 84% 83 83 52% 53 537a 12% 12% 12 74 12 18 177 a 177a 17 197ij ,'b 19 Vi 1/j 96 51% *12 17% 52 5214 127k 7,400 1,100 17 V4 11,200 % 19% *19 19% 19% 96 *95% 96 96 96 100 100 100 100 70 *69 ' 100 100 100 *69 100 100 *80 *8574 18 17% 510 821 86 Va 12% *12 24,900 104 104 *80 86 Va 52% 51 Va 51 •' 37 Va 81 *83 70 *69 200 800 £' 81 83 '12 3 33 33 103 103 103 Va 103 103% 103 Va 103 preferred—————300 $4.04 3f 44% 153. 22 2274 20 7 a 9 • .,1,000 874 197k *13 197a *18 19% 19% 9 Va *79 *18 197k *18 8% 8% 8% 8;,4k '5,100 96 7k 874 •8% 7,900 8 74 874 *90 96%d 87 a 9 4 87k 87 a '96 97 *96 97 *96 8% 8% 8% Va 8 87« 96 "79 preferred „. ——-100 $4.20 preferred-*——. 100 $4.12 preferred . -100 Virginian Ry Co common .-10 6% preferred——-™— —10 Vulcan Materials Co common 1 5% convertible preferred 16 5%9i preferred 100 6%% preferred —100 ■*/ 33 101% 8% Virginia Elec <fc Pwr Cp com——8 5 Jan 327a div partic preferred—100 3%% 86% Mar 23 33 50% 8 Co..*——5 preferred 33 32 Va 105% 15 .12.80 America- ui 3974 144% 96 -100 1 Co 397a 144% % 500 40 103% 50 1,140 • *39% 1057a 50 Tii 30,100 152% 67% 40 144 7k 37 1 Inc com ' 68 % 151 % 687a 152% 104 % 507k 510 118 * 119 152 a 477a 1447k Industries Inc com_2.50 conv 33 50 Va-Carolina Chemical 4 39% Mar 74 30 3374 153 Chemical Works common Victor Mar 20 108 18% Jan 27 87 % Jan 2 18% Oct 337a Vertientes-Camaguey Sugar Co—6% Vick Chemical Co ———2,50 81 % Mar 18 1G 16% Jan 17% Oct 29 2 14% Jan 9 *39% 49 i/iup Raalte Van 35%-May 25 107 2 36% Jan 2 9% Jan ■ $2.28 2 87% Mar 16 Jan 11 40 40 154 — Norman Van 9 24 24% Apr 152 *39 % 109 V1 200 101 *111 Va 153 152 151% *96 V i 677i, 08% 67 69% 150 49 Co Vuimuiuui !H% Mar 17 Jun 121 152 Vanadium-Alloys Steel 1 84% May 10 82 101 *113 —100 Power & Light Utah 145% May 15 59% July 8 9 9 2 90% July 95% Dec 82 30 Jan 84 *96 120 397k Products Co——1 preferred Upjohn 36% Apr 17 11% Jan 6 28% Feb 78 July '"May 2(1 113 Aug 29 101 4%% 26 28% Apr 31% Jan 8 Jan 13 97 2 100 07% Tobacco com.No par preferred Universal Pictures Co 18 5% Jan *95 1053 101 477a *96 *114 149 noncumulative Universal Oil 3 48% 102 687k 105% 487a 105 Vi 106% 47% 121 677a ——50 16% preferred -—100 8% Apr 10 25% Apr 105% 49 48 113 preferred— Universal Leaf 16 57% Jan 157 7 13% Jan 9 2 47% July 40 14 40% UCt 2 5 Feb 24 12% Jan 14 81 May 20 4374 July. 27% J an 497k *3l7a Mar 106 104% 1047k *95 5 common a preferred—25 U S Vitamin & Pharmaceutical—1 United Stockyards Corp 1 United Stores $4.20 noncu2nd pfd_5 $6 convertible preferred—No par United Wallpaper Inc common 1 Class B 2nd preferred—i 14 United Whelan Corp common—30p $3.50 convertible preferred 100 Universal-Cyclops Steel Corp— 1 31 Dec 24 25% Steel Corp common 7% '21 1 Jun 72 96 26% 24% 10%- Feb 25 2 ■20% Apr 29 27% Jan 28 28% Nov 28 Nov 26 18% May 12 57 8 July 26 % Co common--—No par 100 34% Mar 24 46 Mar 30 151• NOV 12 S 1% 15% Mar 16 2 8% Jan, 17 25 7 » U S Tobacco 17% Jan 14% Feb 26 Jan *8% 5 37% Feb 50% Mar 12 25 7 8',, 1st preferred non-cum 7% U S 28 8% 26% Jan 21 26 7% Oct 24 U 6 97k 4874 14,400 26%, 87a 263 a *8% 104 V 105% 48% 8% 2574 32% 100 Shoe Corp 1 Smelting Ref &: Min com—50 S U 4 Jan Rubber Co 8% 3 Mar 11 153 preferred series B 3%% U S 54% Feb 10 Mar 6 24 19 38% Feb 24 Jun 141 Plywood Corp common 3%% preferred series A— 105% July 7 88% May U S 18.800 87« 1 32% 26 267-» 32% 32% 10 5 — 10 1 100 ;_100 Playing Card Co 43 8 July 21 6 S ' Apr 17 143% JUn 2 4% Jan U Jun 99 July 13 2 136 "4 May 18 69% July 7 100% Jan G 45% Feb 10 Dec~24 15% S 58% May 10 Jan 5 Ye U 106% July 34 %Jun Sep 25 35 21 3,600 *874 26% 32% 32% common—.—— preferred-.—— Pipe & Foundry Co—_— 4 % 74 4 2 9 41%Jan Co 26 Jan 29 18 Jan 22 88 S Lines D Jan 10 33 8% 327., 327, Shares July 10 July 9 JulyK . ' 327a the Week Friday Thursday Wednesday July 7 July 6 Par EXCHANGE Lowest Highest Lowest Sales for PRICES HIGH SALE AND Tuesday Monday - 2,900 '50. V'v 1,970 100% —— W GO 7k May 20 76% Mar 11 Wabash KR 2 74% May 12 Wagner Electric Corp 2 50 Oct 20 40% Feb 12% Jan 8 35% Nov 14 14% Jan 2 Feb 10 21 Waldorf System Apr 21 55% May 11 27% Jan 2 51 Dec 1 47 25% Jan 15 30 Nov 7 33% Mar 30 38% Jun 16% Feb 4 12% Feb 11 % Aug 29 14% Dec 22 84 13 95 12% May 19 07% Jan 16 26% Dec 16 9% May 21 24% Jan 0 Jan Apr 25 11% Dec 4 3 Apr 8 16% Jan 30 11% July 34% Jan 2 19% Mar 47% Jun 44% Deo 31 2 _Jan 25 31 41 % Jun Dec 48 2 28% Apr 7 9 9 25% Jan 12 3 4% Deo 10 35% Oct 21 0 44 % Jan 22 15% Jan 49% July 28 65 Mar 4 15 50% Dec 13 25% Jan 24% Oct 13 Jun 6 33 Jun May 20 91 11 86 9 Apr 29 102 2 5 99% Jun 18 90 May 94 Jun 9 83%» May 22 91 31% Feb 28 51 Dec 19 42 May 8 Apr 17 5 6 96 Jun 2 101 28% Dec 31 26 Jan 7 38 Apr July 96% Mar 103 4 19% May 13 14% Jan 24% Dec 2 100 94% Nov 12 48% Jan May Feb 23% Jan 8 34 10 97% Jun 17 100 13 Nov 3 86 2 7 2 69% Jan 71% Nov 20 2 Jan 2 34% Dec 10 29% Jan 17% Jan 2 33% Dec 29 32 Jan 28 % Jim 24 74 % Dec 31 70% Feb 9 15 55 83 Aug 8 110 Dec 11 92 % Apr 21 125 Jan 7 33% Apr 7 54% Dec 31 83% Jan; 6 96 56 Jan Jan 8 88% Jan 29 9 July 98% July 1 Feb 112 52% May 7 92% Jan 2 29% Jan 28 11 66% July 7 Jan~~2 91 89 89 V1 Co 13 2 12% July 31 13% May 22 White 7 Jun Jan Nov 48% 1 10 24% Jan Nov"20 33% Dec 1 85% July 10 20% Dec 30 49 6 48 29 39% Jun 5 51% Mar 11 Wilcox 32% Jan 6 43 % Wilson & Co Inc common WUson-Joncs - July 10 Apr 24 Apr 24 July July 2 88 9 Mar 31 19% May 0% Jan 4 27 Jan 78 20 17 45'% Jan 35% Jun 19 40% Jan 23 9 20 % Jan 7 135 Mar 25 121 2 9% July 22 Jan 25% Dec 29 129 Public 6 Woodward Iron 9 Woolworth 32% Oct 14 30% Jan 14 2 53% Dec 31 53% Jan 2 36% Mar 60% July 74 Dec 31 70% Jan 8 81 80 % Jan 2 97 Jun 5 78% Jan 2 90% Nov 4% Jan 2 23% Apr 16 25% Feb 25 2 16 9 Apr Jun Service Co — 45 V 4 11,300 44 44 31% 3174 3174 7% 6% 44% 44 31% *31 % 7% 32% 32% 7 36 r>o 23 217 k 22 Va 14,900 36% 367 k 36% ' 15,600 36 74 367 a 94 94 *93 V a 88 *86 88 *86 88 *85% 88 "85 Va 88 46 V a 48 » 933 93 4 94 \ 88 483 97 97 34% 35 % 33% 34% 34 34 333 4 34 V4 6,400 34 33 % 33 "7 337a 337a 33% 33% 4,500 33% 33 V 2 99 *97% 99 *97% 99 99 90 % 89% . it 91 % 937-1 93% 93 Va •90 79%- 80% 80% 81% 81 38% 37% 38 38 38'a 33% 34% 95 95% 85 % 85% 115 337b 96% 98 7 a 9574 *85 Va 86 7'4 *85 Vs 87 *10874 115 *108% 115 115 97 97 38 Va 38% 64 % 663 96% 65% 66% 97 Va 37% 387 a 4 ' 9774 37 377 a *74 78 42 42 42 42 42 V a *42 59 59'/a 59% 59Vk 60 99% 99% *99 11% 100 100 11% 11 % 1074 *27% 28 11% 28 42'a 597 a 587a 100% 1074 11% 28 *27 % 48 48% 48% 48 Va 48% 48 48 24% 24% 24 % 24Va 2474 243 24% 42 40% 41% 42 39% *27% - 42 Va 79% 7974 *803 a 83 *20% *21% 23 23 21% *21V a 8% 9% 42% 41% 42% 37 36% 37 *121% 124% 26 Va *121% 124% 25% 26% 26 33 34 32% 33 55 56 56 56% 76% 76% 77 78% 91 90 % 90% 91 41% 36% *121 Va 42 7a 37 124 % 107k a 43 42 9 4174 3674 124 V a 81 *213% 974 42 74 ~9~ x'41% 36 Vi 37 *122 124 41 fk, 4,100 367a 7,700 126 10 32% 3274 3,600 25% 257b 33 33 Va 327a 33 56% 58 53 V4 607a 78% 79 79 79% *897i 91 90 91% 37 873 a 8774 8774 1,800 107a 10% 10% 10% 4.900 39% 12,400 2,200 59 % 80 *89% 447i 447a 44 44% 4374 139 135% 138 Va 134 13574 1327a 25% 247 k 1217a 113% 7 6,600 5.00C 45 114% Jan 300 9V« 26 39 Towne 21,300 81 22 2574 44 &, 800 49 26% 38 % Yale 7,200 257/a 45 Young Spring & Wire ISO 11 Va 28 43 40% 36% 13,200 42 41 41% 1,000 a 6,5 &D 80 9% a 08 V 1007k 4,300 40% 9 587a 42% *78% 9% 427 42 *99 257k x40 Vi 9 180 .14,300 76 25 80 *21% 97% 38% 41V 4 41 23 97% 25 *73 Va 49,000 373 4 48 V 48 500 657k 43 a 40% 40% 6374 *2774 28 •27 V4 43,500 977k 115 *74 78 %\ 8574 8574 *1087k 967a 78 100 •- 6574 *74 78 9574 98 64 V a 57% ' 25.10C 80% 41% 11% 87,200 35 98% *74 100 42 7k 34% 34% 39% *74 81 3974 86% 60% 38% HOVii 40% 95% *108% 9,600 817« /» 34 33% 98 6433 *97 39 34% ' *110 < 30C 93 347a 81 Va 81%, 371} 90 11,100 907k 89 V 4 *90 93 90 98 *97 5274 f)0 *91% 4 99 *97% 99 94%. 91% 93 47 Va 477 a *97 98 *37 38% 39% July 8 49% Jun 24 10,000 47% 98 35% 98 44% 9 460 1 37% 10 31% Feb 50 300 "85 Va 47 V'a 47 % 48 *90 10 10 " *86 88 *85% 88 32 48 3574 35 7 88 700 32 *47 3674 37 88 18,900 48 23-% 36 ~ 33 37 92% a *35 20% 92 7 V *47 a 21% 35% 900 1.000 30 Va 2 •%- 7 *32% 321 37% *35 303 7% ' 2,100 27,100 48 32 % *47 48 48 r. 77k : 10 29% Feb 4 45 44 - Corp 1 Youngstown Sheet & Tube—No par Youngstown Steel Door .—No par 17 36% Aug 20 119% Oct 13 13674 Jun 45 44 « 11 33% Nov 02'/a May 21 4474 44 10% Wyandotte Worsted Co 7 44 7 10% 12% Feb 25 24 44% 86% 13 July 1,100 44% 11 9% Jan 25% Jun 4 89% 22 .139 48 V 267k 11 11% Oct 20% Jan 28 59 4874 88 91 30 58% 48 11 8 22% Dec 59 Va 48 88% 94% Feb 83% Jan 2 *26 587 a 48% 88 2 13 20 2674 59 7 4 . 87% Jan Jan 26 6,000 267a *80 89 10o 180 74 43 48% 92 *97% Corp_ 10 (F W) Co 43 58 % 36 35 Worthlngton Corp common— 10 Prior preferred 4%% series—'90 Wrigley (Wm) Jr (Del) Noyjr X 4374 28,100 26% 20% 47 —10c 1 10 —_. Wisconsin 27 68% Jan preferred 9 45% Feb 89 6% Mar 25 36% Jan 2 Elec Power Co com Wisconsin 27% Jan 23% Jun 22 Inc Wlnn-Dlxle Stores Inc 39% Jun 37% Dec 22 Industries Windsor 49% NOV 18 2 42 Va 11% 48 % 21 *97 No par 10 Co 11 43% 19 -No par — 2 2 8 17 preferred 117a 59 91% 5 Co— 8 Jan 31% Jan 8% Nov Oil $4.25 89 10% 26% 35% 1 White Stores Inc 89 1074 30% - 38% 33 91 44% 44 Va 48 *85% 0,200 13% 4Y *48 32% 87 a ill 10 *89 44% *36 preferred 100 Machine common—1 Prior preference -20 $3 convertible preferred 50 7 ■ 7% 7 Sewing 23 30% 32% 5%% Jan 36 44 *47 10 July 8 102% Mar 11 97 9 26% Jan 120% Dec 44 loo common 44% 30% 15 V 13 Va *89 58 V a 48% 44,% _J 5 com 58 % a 20% 26 % 57% common—5 17% Jan 15% J an 30 26 i a 43% 44% 42 No par No pa r 9% 9% 9% 48% 7 6 25% July 21% J an 1 100 15 Sep 8% Oct 100 38 4 13 74 60 6 Jan 13 V'a 78 5 71 16 7« 13 Va 07% Mar 30 32% Jun Jan xl67a 13 Va 41% July v2 40% Mar 30 2 30 17 Va 13 % 21 4% Jan 23% Nov 36.400 37% 16% 38 17% 22 May 26 53% Mar 20 167,, 37% Dec 68 G 4,300 13% Ry Wheeling Steel Corp 7 98% Mar 13 39% July 3874 17 Va $5 preferred No par Whirlpool Corp Common 5 4%% convertible preferred 80 White Dental Mfg (The S S) 20 White Motor Co common —1 10 Nov 333% 37% 49% Oct 21 26 July 10 38% Mar 18 Feb 110 31% Dec 30 16% Feb 21 91% 84 42 % 8 381 13% com—No par 4% noncum 2nd preferred 100 Western Pacific RR— No par Western Union Telegraph——2.50 Westinghouse Air Brake 10 Westinghouse Electric common_12% 3.80% preferred series B— _100 Wheeling & Lake Erie Ry—_—100 94% Apr 24 81% July 8 3.00C 38 17 "4 preferred Maryland 50 V 4 38% Power 4%% Auto Supply 4.80% Western 7 50 17 preferred——;——_—100 Western 7 Mar 23 941% July 507a 13% Western Air Lines Inc. 14 ■800 507a 97% Corp Va Pulp & Paper 4%% 74% May 82% Jan 13 Jan 4.10% West Mar 31 17 79% Dec 31 42% Jan 03 6 177k 50% 50 pfd—.-100 preferred series B——_1(10 preferred series C—-—-100 4.20% 50% Jan Jun Industries 70 V 17 Va . 50% 10 3.90C 70 177a 70 ' 17% 50 *89 70 71 177a 71% 50% 50% *69 70 71% *17 No par 2.50 Co— West Penn Apr 13 Sep 23 83% Dec 17 86 17 5 Knitting Mills——..——5 Welbllt Corp — _1 Wesson Oil & Snowdrift com 2.50 4.80% preferred — 50 West Indies Sugar Corp. 1 West Kentucky Coal Co—_———4 West Penn Electric Co5 23% July 8 38%.Apr 24 19 72 17 Wayne 30 56% Jan 19 July 105 8% Jun 50 16% May 12 35% Dec 22 2 95% Oct 34 12 36 % Mar 31% May 25 46% Jun 12 71% 17% Washington Gas Light Co Washington Water Power Waukesha Motor Co 48% May 4 31% Feb 24 1 Jan 71% 17 1 Warner Bros Pictures inc-——5 Warner Co -10 Warner-Lambert Pharmaceutical —1 4 48% Jan " ]•% Jan 23 54% May 19 71 preferred Ward 8 _3G7k Feb 5 5 6% 7 59% July "69 Ward Baking Co common—— 9 3% Jan NOV 26% NOV -40 WalworLh 47% Jun 12 24% May 12 Jim 12 48 34% Jan 11 Feb 20 94 —— Walgreen Co Walker (Hiram) G & W 18% May 19 10% Feb 20 6 70 fill) —15 —No par —10 preferred 15 33% Jan 11% July 17 4Va% Apr 67 72% Feb 24 33.885 60 81 91V 4,500 a 230 — Mfg Co— 130% 135 25 25% 124 127 % 133 % 25 25% 38 Va 25 39 Va 25 38% 2474 39% 3874 4374 135 24% 15,500 3/iCC r z — — — — Zenith Radio Corp—— *Bld * and Kx-dividend asked y prices; Ex-righU. —1 120'a 124 118%. 1217i no sales on this day. tin receivership or petition has been filed for the 118 119 35,309 ^ —— — company's reorganization. a Deferred delivery. rCash sale. wdWPen distributed. z Ex-distribution. c A Number 5863 Volume 190 . . The Commercial . and Financial Chronicle — — - ' (175) Bond Record t\ . The «« italic friday letters ;i- '•* New York Stock In the column headed - weekly "Interest Period" indicate Figures after decimal point represent in one each or the case 32nus more of month Year 1958 Range Since Jan. IUghest 102.14 NOV Lowest 102.14 Nov 5 NEW YORK Monday STOCK July 6 EXCHANGE-r ' Treasury 4s Oct 1 1969 Treasury 4s —Feb 1 1980Treasury jtJjs Nov 15 1974 Treasury 3%s Feb 15 1990 Treasury 3%s Jun 15 1978-1983 Treasury 3%s May 15 1985 Treasury 3s Feb 15 1964 Treasury 3s Aug 15 1966 Treasury 3s Feb 15 1995 Treasury 2%s Sep 15 1961 Treasury 2%s Dec 15 1960-19G5 Treasury 2%s l_Feb 15 1965 Treasury 2'.-as Nov 15 1961 Treasury 2%s _Jun 15 1962-1967 Treasury 2%3 ——Aug 15 1963 Low »97- 97.12 Aug 15 Tuesday July 7 . r High ♦98.6 bonds Low - 98.14 mature.. Thursday July 8 High *97.28 SALE PRICES Wednesday Low *97.30 ^--*96.28 Low Low Sales for the Week High ♦97.2 97.10 *98.8 98.16 97.4 *96.30 97.6 — *97,4 97.12 95.28 *95.24 96 *95.28 *88.22 88.30 *88.28 89.4 *86.26 87.10 D7.2 *95.18 95.26 *95.20 *88.18 88.26 *88.20 88.28 87.6 *86.24 87 *86.24 87 *86.28 87.4 87.2 *86.24 87 *87.2 *86.24 87 *93.22 *86.24 93.26 87 *93.20 *87 93.24 *93.22 93.26 *91.30 *93.24 92.2 93.28 *91.26 9L30 *93.26 92 *91.30 83.20 92.2 *83.8 83.16 *92 83.18 *83.14 83.22 *83.22 83.30 96.14 *90.12 96.16 *96.12 96.16 *96.10 96.14 *97.12 97.20 *97.6 90.26 *90.20 95.16 *95.10 *87.8 87.16 *86.28 87.4 *92.12 *97.6 97.14 197.6 97.14 90.26 *90.24 90.28 95.16 %).26 90.30 *95.12 95.14 *96.10 97.14 *90.22 K 96.14 *97.6 90.24 *95.12 *96.10 97.14 *90.22 87.8 *95.12 95.16 *95.14 95.18 *87.14 87.22 *87 87.8 *87.6 92.16 87.14 Treasury 2 %s Dee *92.10 15 1963-1968 92.14 *92.10 92.14 *85.8 *92.12 85.16 92.16 Jun *84.28 15 1964-1969 15 1964-1969 85.4 *92.14 Treasury 2%s Treasury 2 %s *85 *84.8 85.8 *85.6 85.14 84.16 *83.28 84.4 *85.14 85.22 *84 84.8 *83.26 *84.6 84.2 84.14 *83.14 83.22 *84.14 84.22 *83.18 83.26 *83.26 84.2 *83.4 ' *84.2 83.12 *83.8 Dec Treasury 2%s Treasury 2%s Treasury Jan 94 94 29 Jan 29 85.4 Jan 20 85.4 83.22 Mar 15 1-966-1971 15 1967-1972 *83.10 83.14 *83.16 83.24 83.18 *83 83.8 *83.28 84.4 *83.4 *83.6 83.12 *83.14 83.14 83.22 *83 83.8 *83.26 84.2 *83.4 83.12 Sep 15 1967-1972 *82.14 *83.12 82.22 83.20 82.12 84.2 15 1967-1972 *82.4. *83.26 Dec *82.8 *83.6 82.16 *82.14 83.14 82.22 *83 83.8 *82.24 83 15 1959-1962 *83.4 83.12 *93.26 *83.12 83.20 93.30 *83.26 93.28 84.2 15 1959-1962 *93.24 *93.26 93.30 *92.30 93.2 93.30 *92.28 *93.26 93 *92.30 93.2 *97.18 *92.30 93.2 97.20 *97.17 *92.30 97.19 93.2 *97.16 97.18 *97.15 97.17 *97.17 97.1?) 2%s Dec 2 %s .-NOV Bank 105.16 Feb 24 — 16 101.24 Feb 6 __ & _ 23 103.8 Apr 23 93.16 May 20 96 Jan 7 -- 88.16 July 22 99.8 Jun 2 86 Jan ; _ 3%s _ 92.16 Feb 13 — 92.16 Feb 14 Jun 14 83 II" Juii ~~ 2 BONDS New York Corporate Stock Period Last *98 *93. 16 94.16 99 .*93.16, 94.16 1979 1968 .£93.16 94.16 94.16 *93. 16 *93.16 94.16 94.16 *93.16 94.16 *92.16 *93.16 93.16 94.16 *92. 16 *93.16 93.16 94.16 *92 93 1 1969 *90.16 *92 92 93 *90, 92 *92 93 15 *91 92 *90 89 *87 15 *93.16 June-Dec - 92.16 *91 92 *90 : 92 !*90 92 89 *87 89 *87 89 92.16 *91 k 1971 *90 92 1975 *87 '89 1 1960 *99.16 1 1981 *80.16 82 *80 16 82 *81 1972 82.16 *83.16 *81 82.16 85 85 *83.16 85 *83.16 85 *83.16 82 *80.16 82 *80.16 82 *80.16 RANGE Friday's 1976 1959 100.16 *80.16 15 % *99 *99 16 82 100.16 *80, 16 100 *99 ' *99.16 100 *99 100.16 *99.16 100 *99 100.16 *99.16 IOO 100.16 82.16 85 82 *99 100 Feb 15 *98.1G 99.16 *98.16 99.16 15 99.16 1961 *96.12 *98.16 97.16 99.16 *98.16 *96.12 99.16 97.16 *96.12 97.16 15 1962 *96.12 *94 95 97.16 *96.12 *94 95 97.16 *94 95 *94 95 *94 95 yet been admitted Rondi Bid <fc Asked Low High 92.10 *81 *83 16 1 to Stock 1960 FOR WEEK ENDED JULY Range Since Sold Low 10 Friday BONDS New York Stock Exchange Jan. 1 No. *98.16 Exchange dealings. Interest Last Period High Brazil 1980 99.16 Feb Week's Rang* or S;i City Transit, Unification Issue— 3% Friday Interest Exchange 99 99 94.16 *98.16 -Feb 2s New York Stock *98 *98 *93.16 1950 2s as 99 1978 Sop Serial bonds of 2s JThis issue has not *98 99 1 Mar .112'/as sales transacted this day. 99.10 99 *98 99.16 July 15 3s •Bid fctd asked price. No *98.16 *98 99 *98. 16 Oct 3s » 99 *98 99.16 May 15 : 3%S J~un ~2 83 *98 99 Oct 1i3%s "" *98.16 99 *98 *98.16 Oct 3%s 95 99.16 *98 1977 May 15 3%s— 9 1973 Jan 3%s July 1980 1 1 Jan — __ 91 1 Dec May 4%s 4%S 7 93.30 Development Nov ; 4%s—_ 93.16 May 20 *93.26 Jan 4%s "" " __ 15 1960 for 4:,/4S 24 84.10 —Jun 2 V2S 2%s 2'As Reconstruction 96.16 Sep 103.8 Apr 92.18 *83.14 .i—Jun International 208.16 Feb - Mar 15 1965-1970 2 %s Treasury Treasury Treasury Treasury Treasury Jan~20 —=»- 92.4 *83.10 , 93.30 *91.28 *83.12 ~ Bonds (S) 96.4 ♦96.26 96 88.30 *86.30 High 98.6 97.8 *95.24 ~ Friday July 10 July 9 High 98.4 *88.22 , 97.12 Aug 15 the LOW AND HIGH GOVERNMENT BONDS l Highest 5 when point a Range for Previous Lowest Exchange yearly - Sale Price Week's Rang* or Friday's Low (continued)— Bonds Bid & Asked Sold High No. Range Since Jan. 1 Low High 75 85, 9 June-Dec *98 series No, 11__. June-Dec series *96 No. 12 June-Dec *95 98 series No. 13 June-Dec 99 *9!) series No. 99 % 14— 99 99 3%s 80 No. 3%s A scries 3%s 85 3%s 3%s 3%s 85' series 99 No. 15 *96% 96% 97 9135 Foreign Securities 3%s series No. — ——June-Dec June-Dec 1G__ Telephone Members New York 120 Stock Exchange Broadway, New 17- No. 18 June-Dec series No. 19 ————June-Dec series No. 20— 99 98 —June-Deo 24 —June-Dec 25 June-Dec series Foreign Government Agricultural Mtge External Akerstous Bank f 6s s and 1948 (City lAAntioquia of) (Dcpt) 5%s 4s collateral 7s A 7s ser B 7s ser C sinking fund 7s ser D 8 AExternal sinking fund 8 A External sinkl fig fund 8 A External AExtemal sinking funds 7s 1st AExternal sec sink fd 7s 2nd AExtemal Australia 20-year sink fd sec 30-year 3s f s $ 7s bonds 3rd 3%s ser ser ser Austria (Rep) June-Dec —May-Hoy Mar-Sept —May-Nov 4%s (Free debs State) adj 51/2S external loan (City of) 6s Stamped pursuant to reduced AExternal to s 3.5 ',0 96 7 b 90% 99% 107 reduced to 3.5%) Plan A 1978 3.375%) External dollar bonds of 3%s series No. 1 33/4S 3%s series series *95 88 Aprll-Ocf April-Ocf 1979 1944 73% 74 3 June-Dec series No. 4 series No. 5 7 8 94 "4 98% 109 bonds assented 3s 1993— 88 9 90% 8 June-Dec AClillcan A7s Consol 90% 94 98 141 82% 88 adjustment 89% *46 *89 *46 45% 45% *8<L 46 % 150 ' June-Dec *6 ■— 87 *89 *46 87% 45% ■ 45% -- 46 46 87 — 88% , ~9 __ *6 ~7 91 94% Mar-Sept external 3s 46 % 89% *4<? 1970 (Republic of) 4%s Cundlnamarca (Dcpt of) 43% 88 — — . — A Colombia Cuba 71% 88% __ *89 (Hukuang Ry) 5s 1951 (City of) 6%s 1950 debt 89% *46 Mar-Sept Mar-Sept Mar-Sept (Rep of) 6s of 1928 Oct 1961_April-Ocf AGs of 1927 Jan 1961 Jan-July 3s ext sinking fund dollar bonds 1970—ApriZ-Oct fACosta Rica (Republic of) 7s 1951 May-ZVou 3s ref $ bonds 1953 due 1972 April-Oct 4%s 90% *89 *46 1960 89% 89% *46 1960 7s ~3 90% 46 May-Nov Municipal assented Chinese 46 *89 AprZZ-Oct —May-Nov 1962_. 90% 90% *46 *46 sinking fund 6s 1962 assented 53 87 88% 90% *89 — 49% *46 1961—_April.-Oct 6s 86 45 90% June-Dec fund 1961 86% 78% *46 June-Dec 8 A Cologne 98 — 73% 51 % 90'% 53 78% *46 169 141 3 51% 45 *89 180% 94% • 82% 82%. June- Dec 1961 sinking assented A8s A $ 95 49% 81% Mar-Sept 166 5 ' ■ 129% „ 63% 68 57% 63% 73 65% 24 25 61 % 73 1977—June-Dec 85 85 29 Jan-July 50 51 8 1978 129% 63%. 77 80 49% 105% 53 Czechoslovakia .(State)-— 74 74 AStamped 71% 77 6%) Denmark El extended 90 31 % 75% 70 76'A lAFrankfort 98 98 99 Ocrman 97% 98 88 3%s external 3s'extl 98 98 98 98 June-Dec 98 98 June-Dec *98 June-Dec *97 98 98 98 97 97 *96% June-Dec 97 97 —Z^eb-Aug 5%s 3s s f dollar bonds Jan on (Fed of) 7s 1967 Main 6%s 1953 fund 1973 Rep of)—Ext dollar bonds dollar bonds 1 1976 1 (Republic 4%s sinking 97 —Aprll-Oct — dollar bonds Jan f s AEstonia *98 1960 to to (Kingdom of) 5%s 1974 (Republic of) — *72% 98 assented ^interest reduced *50 99% . 45 — 99% 100% 107 99 56 103% Salvador *88 (Plan B)— No, A6%s 101 *130 April-Ocf June-Dec fund 50% 98 99 95 *49% 98 99 % *80% 51% Aprll-Oct Aprll-Oct May-Nov May-Nov 1962_ 6s 99% 99 . June-Dec 3%s series No. 3%s series No. 98% *117 ..June-Dec 2.—. 3%s 88 *117 June-Dec No. 3%s 89 105 1961 fund 1962__ 98 98 82 % April-Ocf Sept sinking assented sink 6s 103 (interest . assented AGuaranteed 8\ i960 Chile Mortgage Bank 6%s 1957 A6%s assented 1957 96% 86 101 *130 funding bonds of 1931 due 1951 Stamped pursuant to Plan A (interest to 95 (interest _ Extl A 101 80% li 1978-Jan-July Mar-ScpZ *94%. -—1 180% 5% reduced 97% 58 W75 AExternal sinking fund 6s 1963 AGs assented 1963 99 111 2 - assented 100'A 102% " 1957 to 3.375%) 1979 IA7s Central Ry 1952 Stamped pursuant to Plan A reduced 96 96% 100% 16 30-yr 3s s f bonds of) 2%s 1974_, (Dominion AGuarantecd (interest due *95 AGs 92 'A 17 90% 90% June-Dec 1941 June-Dec 1926 to 13 „ A 0*95 June-Dec AExternal 94% 51 99% 99% 106% 107%. 94'A Stamped pursuant to Plan A (interest reduced to 3.375%) 1979 April-Oct AExternal s f 6%s of. 1927 due 1957—April-Ocf Stamped pursuant 97% 97% 97% 98% 101% 102 99% 100% 21 June-Dec 8s June-Dee 30 AGs 98% April-Oct 1978 f 6',is of 98 101 % 100 ApriZ-Oct April-Oct Plan 29 No. 99% *96% *98 AExternal sinking fund 6s Feb 1961 Feb-Aug AGs assented Feb. 1961 Feb-Aug ARy external sinking fund 6s Jan 1961—Jan-July AGs assented Jan 1961 Jan-July AExternal sinking fund 6s Sept 1961—Mar-Sept 94 90% 96% 89% *102 1950 No. series (Dcpt of) 97 96 98 June-Dec — 90% Feb-Aug ____°__€_Mar-Sept 47/8s debt adj ser A 1970 4%s debt adj ser B 1978 fABrazil (U S ol) external 52 3 96% 1972 49% 95% June-Dee Juno-Dec Mar-Sept Cauca Val* (Dcpt of* 30 -yr 3s s f bds 1978_Jan-JuZy lAChlle (Republic) external a f 7s 1942—May-ZVoo 8A7s assented 1942 May-Now AExternal sinking fund 6s 1960 April-Oct 97 9 82 19G5 series 25-year 2%s 96 11 96 _ s AGs 91% 82 1958 §A6%s external loan 90 91% Jan-July Feb-Aug Belgian Congo 5%s extl loan 1973——-April-Oct Belgium (Kingdom of) extl loan 4s 19G4—June-Dec ABerlin 96 96 96'4 191 % 1945 6%s (series 8> 91% 91 'A 96'A 9 'IA., June-Dec Austrian Government— 4%s assented due 1980 lABavaria 91% \ 1973 $ 93',a 106% 97 567b 50 —Feb-Aug June-Dec — f 102'A 124 % 95 June-Dec s 22 93 96 June-Dec ... — 5%s extl 2 103% 103% - 15-year 4%s 1971—__ 15-year 4%s 1973 15-year 5s 1972— 20-year 5s 1978— 93 96 Jan-July . 1969 103% 124 % 93 1957—Aprll-Ocf — 28 Canada 93 1957_April-Ocf 1&37 April-Ocf 1978 (Commonwealth of)— 3%s 1907.. 20-year 3%s 19G6 15-year 3% 3 1902 15-year 1968__Mar-Sep» Mar-Sept 1945__Jan-July 1945—Jan-July 1946—Jan-July 1945—Jan-July 1973 27 Caldas ..April-Oct (Kingdom of Norway) Amsterdam. 26 No. No. 3% ■ 98% 96 98 *99% No. series series 3%s Municipal (Columbia)— 96 99 97 3%s a 98 96 98'/s *96 23____. No. 3%s 96 *97 No. 96% 99 *98 3%s NY 1.1693 96% 93 Va *96 June-Doc No. series 95 96% 93 Vs *96% —June-Dec 3%s 97 99 *99 No.; 22—_ 99 95% * June-Dec _ Not- 21———: 96 *96% June-Dec — 3%s scries 3%s .series 3%s series 3%s series Teletype York No. scries 3%s 3%s REctor 2-2300 scries 3%s Wertheim & co. *96% June-Dec 3%s 99 84 197b_Jan-July Jan-July Jan-July *80% *15% —May-Nov *90 84 1 of 1969 99% 204% 93 204% 95 1924 Aprll-Oct April-Oct 1972 84 80 — May-Nov loan 82 77% __ 110 95 109 110 95 95% 96 97 5 10 104% 111% 86% 96% 92% 99 10-year bonds of 1936— 3s conv Prussian & fund issue Conversion 4s dollar bonds 1953 1953 1972 due Issue— 1963—Jan-July ~t April-Oct 101% 101% 98% 103% 2 The Commercial and Financial Chronicle ., . Monday, July 13, 1959 (176) 28 EXCHANGE BOND RECORD NEW YORK STOCK WEEK ENDED JULY 10 RANGE FOR Bid & Asked or of 1930— International loan 5s dollar dollar bonds —Jttwe-Dec 95! .May-Nov part paid 1964— A6s part paid 1968—j ——— JAHamburg (State of) 6s 1946....——- 40,> ^Feb-A«q A7s 35" 40% 41 * 34% & 97 Tokyo Electric Light Co Ltd— S 6s 1st mtge $ series 1953 30 41% 29 111 1 26% 1 99% 103% 99% 100 *99 7 u 104 Ke!}ub)!C"rvexri5:'T3^9977;:-::—_"Jan-:July —§r 72TF 72 ,69j^ 69% 71 ——Jaw-July June-Dec 30-year gtd ext s f 3s 1977 -'.{AItaly'.- (Kingdom «of) 7s '1951• of) ;5!4s i> f extl loan J 974-. 70% 73 105 73 69% lAWarsaw 142 Va 142 .... • §A4%s _ Japan 5 %s extl s f 30-year 3s s f $ bonds AJSmall Mexico (1942 A5s assented new 107% Alabama 190 190 Alabama. Power 99:,i 5 99% 17 17l« 3 17 26 51% 51% 5 4M I °C 51% 16% 10'% 1 13% 17 1954 A4s new assented agreo't) (1942 XX ASmall 4 13% — agreement) 1963 Jan-July ; (assented to 1933 V. • 'ASmall %„ 1952 6 lis 18% \ . 18% 17% 2 20 19% 5s Foreign 1980 debentures 2%s dciientures 21 2%s debentures 1982 27/«s debentures 1975 to 2.125%) 2008 extl sink fund Glis ASecured Stamped pursuant to Plan A reduced to 2.125%;) 2008 (interest .. 43 1 43 44 46 -XT x *43 X New Zealand (Govt) 5%s 1970 ,—X~x/—X. June-Dec Norway (Kingdom of )™External sinking fund old A%/3,1965 -April-Oct 4',4s s f extl loan new 1965.:— April-Oct 4s sinking fund external loaii T963ixx/~Feb-Aug 103(5 103 103% 36 98 5 99 6s due 45 %» 1953 extended extl 5%s due loan to 19615 extended (Republic of) ANat loan extl s ANat loan extl 99 98% 4 99% 11 99 *90 —.Mar-Sept 97 99% 93 90 %/•■ 90 *93% 93% 100% 186 93% 5 ''93 101'4 101% 101!.. 4 100 102% 1947.:/.%—..—Mar-Sept %;.% *67 1 44 48% 2 84 84% iT,7. 82 85 7s . f-Gs 2nd series 1961—April-Oct IA Poland (Republic of) gold Cs 19-10——April-Oct A 4 lis assented 1958— —... April-Oct f AStabilizalion loan sink fund 7s XX 84% 83% ■ —_ 83% *83 w i. L 83% *14% 83% 13 ■'? a *14% xx: 84% 17 xx — *11% 1947—April-Oct 17 13 . 5s 12 14:!li 2 14% 17% tgc 11% 1 11% 16 __ 8s Alcgre (City of)—1961 stamped pursuant to Plan A (Interest 11% reduced to 2.375(5) 2001 reduced to 2.25%) Jan-July 63 do Janeiro _x 55 1 1st & cons *92% 94 reduced to 2.375%) secured 2001— 6lis pursuant reduced to 2%) 57% 2012 reduced AGs to internal 2.5%.) A Feb-A?tff 38% *80% A reduced to 2% ) 2012 external loan of 1926 A7s reduced 1967 to (interest lARome iASao 2.25%) stamped reduced (City to of) 8s 'l0 A to A *55 Plan 39% 65 A 71% external 80 81 51 60 ■ — 65 52% — 54 reduced to external 2.25%) dollar *68 58 reduced to 2%) 68 70 % — Croats & Slovenes (Kingdom) — secured external 19G2 A7s series B secured external 19C2— Shinyetsu Electric Power Co. Ltd— 6Y2s due 1952 s f extended to (Prov of) external A4%s assented 1958 South Africa (Union of) 5%s extl 6%s external Southern 5%s loan Italy Jan loan 1962. 95 95 129 1 1968 A5y2s (40-year) BYxS due 1971 For s f 1971 extended footnotes see 121 _ 95 _ 121 98 12% 18 12% 14% *13% 14% 2 17 *193 June-Dec ■ *101% —June-Dec *11% 101 __ *4% ' " - 13% 103 14% 15 V* ' 11* _June-Dee 13%- 95% 96 17 93 96 97% 96% 97% 11 95% 98% 97 li 16 94% 97% 97% 98 40 97% 98 89 94" ..June-Dec to page "J. " Fund—• Ltd— 1981 31. s 5 *98 —Jun^July Jan-July "Xt on 99 90 • • 93 98 • 93 89% 77% 76% 77% 72 76 85% 70'« 70 70% 354 67% 80 83 140% 250 20 73% 245 4 95 88 78 %• 36 77% 72 28 697 a 76% 73 73% 25 72 78 72% 73 20 71 % 78% 87 88% 56 86% 93 3 a 83% 84% 38 82 87% 87% l 4 79% 88 % 88 90 98 97% 98% 230 103% 103% 104 ' 7 522 202 'i 200% 205 79 80% 19 87 85% 93% 96% 101'A 102% 1 108% 1931a 223 95% 871 100 96 96 % 11 89% 89% 90 29 89% 83% 83 % 83 I t' 15 83% _x, 100% '100% Ji'-i-;. 94 89 100% 88 89% 62% 63% 96% 98% ' ' *60 62% 96 7 it 97 15 83% 82 84 245 79 96 % 96% 96% 3 96 .April-Oct .May-Nov — 80% 83% 78 46 96 a 1963— -May-fvow 97a,it 105 '" '"2.— 105% 105 98 102% 103 107% 103% 108 82 105 86% 99% - -• 8 % 91% 85% 85% 4 84 93% 94 91% 94 5 94 96% 90 94 39 98% 88 991 it 88! V " 6 98%- 103 8514 2 *81111 .... 89 X, .ix-.'"" - 89% •. , 90 91 % *92' 98 89 22 88 % 94 82 82 87% 25 92% ' *85% - 84 90 109% 10814 109%, 428 107% 118% —..-Feb-Aug __ 137 133% 138% 424 112% 157 April-Ocf *85% 82% 857« *176 91% 91V2 "l 897/a 72% 71% 73 55 71% 78 76 74% 76 3 4 79 74% 78% 76% 77% 23 74 81% 74% 75 % 110 —May 20i0-_——Jau-July 73% 77% 71 *71 % —Jan-July 1939— 1974——.._-—....Jan-JitIy *77% 78 3 72% 87 4 t' wi»." 115% 114 116 102 % 102% 87 90 . 102 97% 108% 116 5 10O 106 6 95 97 88 80% 85% /--/ 80J/a 83 95 % debs 1961_Ma.v-Nov 1955—-———April-Oct / - . . ; 95% ' *84 1978 —x__x—__Ja»-July 1978——Jan-July *81% 84 1970—Jan-July nlortgage 23%s series J 1976——May-Noa mortgage 3s sei'ies K 1979-=-—-Jan-July conv debentures"4980mMay-Nov # 3Vis Airplane Co— conv subord debs (The) Co 27«s 1980^—x——Jan-July mtge 4lis Co 1983 3 lis 177% 185 705 152% las 103 102 104 197 100 117% *80 86 64 64 Canada Southern Power 3 lis 1974 consol gtd 5s A May-No i; 1962—Apru-Oct 80 86 3 60 68 72 4% consol Capital (perpetual) 4'As conv 1970-; Ohio 4s 1965^ debentures Airlines Inc Clinch field & 72 % 10 68% 69% 74 63 76 41 40% 42 29 36% 47 87 91% 76 80% *87 89 77 77 1 *92 96%» 92 99 st 9412 93 94% 162 336% 324 322 78% 8 112% 112 114% 152 10G 132% 100 % 100% 2 100 101 1 94 330 78% 22 77 Va 95 95 *73 80 x 80 ♦ 79 7« 83 99 7 Jan-July 91 Jan-July 77% Caterpillar Tractor 4%s debs 1977May-Nou Celanese Corp 3s-debentures 1965—.—-—April-Ocf 3%s, debentures 101% 89 94% 43 90% 91% 109 76 77% 33 73 94 7 it 11 94% 97% 2 58 64 80 1 62 79 84 117 115% 117% 208 112 100 % 100 100% 69 99 89 89 89 of Georgia Ry— mortgage 4s series A 1995— .-.Jan-July mortgage 4V2S series A Jan 1 2020—May AGen mortgage 4lis series B Jan 1 2020 May Central Illinois Light Co— 85% 73 debentures 1974 ..June-Dec 104% 85 128% 105 91 84% 86 104 % 105 93 78% 88 6514 6 69 73 ' 83 73 '90% -68 90% 88 4 - *76 AGen conv 81% 83 99 100 V® Central 414s 98 X u 61% _Apiil-Oef 1976 83 94% 100% Mar-Sept June-Dec Carthage & Adirondack Ry 4s 1981-, Case (J I) 3lis debs 1978_ Feb-Aug 5%s conv subord debs 1983—_—2——--Apr-Ocf 72% 72% 69 -Jan-July Brunswick-Balke-Co.Uendcr Go— 4%s ctnfv subord debs 1973— -.April-Get Buffalo Niagara Eiec first mtge 235s 1975-May-Nov Burroughs Corp 4%s conv 1981—,—-——June-Dec Bush Terminal Buildings 5s gtd 1960 .April-Oct A5s general mtge income 1982—-J—.Jan-July California Electric Power first 3s 1976 June-Dec so¬ 178 .—.May-Nov 1971— 87% 1 1968—•—April-Oct 1976—Jan-July —— del>s 88% 85 80 • __ 80 ,, mortgage 5s series AC 1967 .—----Mar-Sept mortgage-43%s scries- JJ -1961, .April-Oct mortgage 4s series RR I960--—.--Jan-July AInc mortgage 4%s series A July l970_May-Noi> 03" ■ 84 80 debs 1981-———Mar-Sept '■ CO to 12 84:% Consol First Man-Nov ~~ 96% 88 % f 3'/is 1990——June-Dec 1993— Mar-Sept A Carolina .... Co ,93 .; Jan-July 4lis 1965 Development Electric Power . 90 143), Jane-Dec 1974 Taiwan — 1958 90% Canadian Pacific Ry— 1968 Dec 2 ,o(. *93 Mav-Nov June-Dec 7s A debentures California. Oregon _May-Nov 1952 ASilesia 95—; 95 " April-Ocf A8s SAG%s 1st mtge • — — Serbs 96% Industrial Loan -2-%s Browm Shoe 93/ 129 *95 jan-July Jan-July — — 90 92 52 90% Brooklyn Union Gas gem mtge-2%s -1st moi'tgage 3s 1980 _— ; 93 __ (interest 2012 mtge B -1st *93 (interest a 1979— Bristol-Myers Co 3s debentures 1968———_ Plan 14 50 98% — debs series deb series Borden t Jaa-July 2004 loan 91% 93% 7014 First 60% '' .' a (interest to 2.5%) 1999--——Jan-July external water loan 1956 Mar-Se»f Stamped pursuant to Ohio RR del) series Boeing 4%s 64 54 — 1957..—May-Nov Jan-Ja?y 102% % 97% 91 First *64 May-Nov 102% 92% 98 Consol reduced AOs 91% a Corp— Corp— Consolmortgage 2:!is series I (interest a 96 3 First 1950— Stamped pursuant to Plan 22 78 sex* Boston'& Maine" RR— —May-Nov Stamped pursuant to Plan »A7s 98 94 Bethlehem Steel —May-Nov to 2% ) 2012.—' (State of)— stamped pursuant to..Plan A (interest reduced to 2.5%) 1999 97 % 97%- ser 4%s • 1936 |A8s 4s %s Debt .adjustment— *56 Paulo 8s CO CO (interest reduced Sao 1 ■ 2001—.. 87 li 68 IA 6 lis. s f debentures 1951 — June-Dec A6%s s £ debentures 1959————-Feb-Aug Berlin Power & Light Co Inc— % * — A 2004-— -June-Dec sinking fund Stamped! pursuant 38 % —April-Oct Plan 80% -Feb-Aug 1995I-ine Ity 3%s lABerlin City Electric Gs , .June-Dec Plan 4 conv Beneficial 69 (interest to 18 1st ref nilgc s f 4s 61 68% __ 1952.— 2'375''^ tx.I secured 57% *60 *80 1952 Stamped pursuant to AGlis 4 *69 196G.„_May-iVoa 2.25%) 6lis (City) Paulo ..June-Dec 2004 pursuant 57% *64 June-Dec Stamped pursuant to Plan 7s 82 June-Dec 1977-.. ret M 3s.series Z : -1st ref ,.4Vis (interest due 98% 81% _Feb-.4.ttff 1977.———X— %.4%s _April-Oct sinking fund gold 1968 stamped pursuant to Plan 96% (interest 1299— 96% 71':t mtge 3%s ser A 1970———_Feb-A?ty mtge 4s ser B 1980—-——Mar-Sept conv 1st & 55 >- April-Oct —. Stamped pursuant to Plan 57% -.Feb-Aug (State of) — external loan of 1921 1946..— 88'i' 41 Baltimore Gas & Electric Co— 48'A . '■W: (interest Rio Grande do Sul |A8s 31 96% Beneficial Finance 5s debs -1977_———...May-Nov —April-Oct 1853— Plan A to 4%s 63 91 — (City of) Stamped 55% ■ 8s 1946.——April-Oet Stamped pursuant to Plan A (interest 5AExternul 65% 89% 96-% Mar -Sept mtge 4%s ser( C 1995-—— 4%s convertible income Feb 1 2010—— X /"T/, May-Nov 62% 62% 88*2 May-Nod 1st cons 63 *52 J an-July 118% 96% April-Oct Quar-Jan Ayr-Oct 2%3 debs 1962. subord debs Baltimore u'^'; *~X 2000—— Rhodesia and Nyasaland—(Federation of) 5%s %973_—.%—— IARio L • 7%s 1966 stamped pursuant to Plan A (interest debs Manufacturing conv 1st cons Porto 5 96% 101 1G 14% 11% Atco 18 2 107% 89% —_ 15% 14% 12 99% ■ 43 78 % — 12 A 4 lis assented 1968_x.%t„,%—„T„Apnt-Oct IA External sinking fund gold 8s 1950.—-.Jan-July A 4 lis assented 19G3— „_x -Jan-July , 116 _Jan-July 4%s A 1964.—.June-Dec A 1980——x-~— Mar-Sept C I 972---.— -Jail-July General mtge 3%s series D 1980——. .Mar-Sept Atlantic. Refining 2%s debenture's 1960__ _Ja»-July J tin -July 3IAs debchturcs 1979.._^_xl. 4V2S conv subord debs 1987 .-Fcb-Aiuj 111 '•~Z' / 113 June-Dec debentures /1976—2___—— Gen 92 95% *99% 100 113 Atlantic Coiist Line RR 44 84% I960—June-Dec *96 % ^4 April-Get -Feb-Aug —__x—— Nitrate Gen mortgage 1959.X—Mar-Sept series 1977- Atlanta .x.x;-x 44 . 95'A 85 250 1962. April-Oct 1969 debentures Stamiied 4s July 1 & Churl Air 95% xx_x^_X-vJ««c-Dec 3s Atchison T'opoka M. Gitii ta Fe— General 4s 1995.— 101% 186 95% 94 8 74 /Mar-Sep debentures Co r,, 5'As debentures ~2 100% 100% 87 Mar-Sept debs 1973 5%s siibord *186 , 85 IJan-J alii : 1990 Tobacco debeniores 4%s . XT' r *9114 85 ..Feb-Aug —— Corp Is 1960 Anheuser-Buseh Ihc 3:%s debs 1977— Ann Arbor first gold 4s July 1995 Armco Ste^l Corp 4.35s debs 1984... Armour k Co 5s iuc- sub del) l!/84— 99% 99 ..... 1st eonv Anglo-I.autaro lOlVa 97% 1 . May-Noo — debentures Associates luvcsUneuL s (Is 96% 98 % 1968.;i_,^.:,„^May-Nov external f 2 99 Stamped pursuant to Plan A (interest reduced to 2.125%.) 2008--5.x;—XX'..Mar-Scpt APeru 98%' 5 1958 to 99% 98% 1903.%X—„X—Mar-Sept Oslo (City of) 514s extl J973 lAPernniubiico' (State of) 7s 97% 98'2 — (30-year) 13 99% . — 99% 98(2 Vis s f extl loan 1973 —.,.————X..— April-Ocf Municipal Bank extl sink fund 5s 1970.. June-Dec lANurcinberg (City of) 6s 1952.—X/X T-Fch-Aity 4(is debt adj 1972 Fcb-.-luy Oriental Development Co Ltd -§ AOs extl loan (30-yr ) 1953 1984 3s 105% 101 243 June-Dec debentures 3%s 98(5 — 1973— 1971— American . 100 % 2 200 April-Oct ,—^ debentures 4%s .L........—Mar-Sept 100% 100% 198% . —_ 74 3 5 4%s debentnres 1985_r—n--—-----.--.x April-Oct 5s debentures- 1988^Xmr^^»x_xX—-X- -May -Nov 46 13% 10 ■ __ .June-Dec —„ debentures 3%s 43 X— 17 13 12% - April-Oct ... S'As Mar-Sept (interest ..Mar-»S'ept 1959 —...Mar-Sept reduced 91 -Feb-A ail 1986... 2%s - Stamped pursuant to Plan A x— Feb-Aug 1987---—XX ASecured exll'sink fund Otis 1958 .! 96 83 16 93% 92% 10 Co —— 21% — 94 88 COMPANIES UPANIES —Juiic-Dcc Jan-June Ihleplione ^ Telegraph debentures 3%s Gerae.4:."«Sfcate)- Minas 1966 1987 19% — 92 84 88% 94% - *12 1988 2%s .. ' 6 a *83% s 21% • x* :19% Apr-Oct April-Oct Foundry Co— subord debs 1.977— conv 2%s _ —Aprtf-Oct —,- X_ 90% Machine & American / .X——_X. (City of) & American 17% 20 94 1970—.May-Nov f debs 1964—May-Nov ! April-Oct Power del) 5s 2030 iMar-Sept 3%s Corp junior debentures 4.80s 1922 §ASmallX.xX~——X—Xx.——'/..i.,—X—x—-_x AGs new assented <1942 agreo't) 1963.;Jan-July IA Milan Bo.se11 Can Co 315s debs ■ .. : .......Jan-July —........ 1980..— Airlines 8s debentures American 16% . ■ . JATreasury Cs of 1913 ! 1988 Canada Ltd. 3%s of Amerlcaij 16! *13% — _ debentures Co American ,4:4s now assented (1942 agreo't) 1908.JaU-July |A4s of 1910 (assented to 1922 agree¬ ment) 1945 —;— Jan-July § A Small f f debentures American .-June-Dec — 1 s'fcmtge Aluminum s 100%' 102 14 94 94 INDUSTRIAL 20% s 206 3%s mortgage 4'/is 100% 97 95 *90'4" ..June-Dec AND 20% (assented to 1922 agreo't) 883t *89% *11 18% — 101 '188 18% — I • (1942 agrqe't). 1963 .Jan-July 89% June-Dec Allegliaiiy Corp debs 5s ser A 1962 May-.Yoy Aljegiieiiy Ludlum Steel 4s eonv debs 1931.April-Ocf Alleglieny & Western 1st gtd 1s 1998— April-Ocf' Allied Chemical & Dye 3%x debs 1978 LApril-OcA Aluminum Co of America 3%s 1964____;—Feli-Aug 3s s f (Icbentmi's 1979—— .June-Dee i, 4%s sinking fiiitd debentures 1982Jaa-Julyi „ 51 »<, 100'it Great Southern 3 lis 1967.——May-Nov Co 4 202 /'eb-Aug __/''cO-Aug . 3%s 1972 Jan-July l 984.—————Mar-Sept Albany: & Susquehanna RR 4lis 1973 _April-Ocf 1st 101% 3%s due 1958. — 215% 101% — § A 4 s of 1904 .1953. RAILROAD 99='i 1903,...Jan-July agreem't) , — (City) external 7s assenled 214 "9 102% 103% June-Dec Jan-July 1968 (Republic of) May-Nov 97%. Irrigation— ' A New assented . 94% 33 *185 1957- Apr il-Oci 1978 96 *203 Feb-Aug A5.%s extl loan of'30 1965—May-Nov 5las due 1965 extended to 1975.. —.May-Nov f AJugosiavia- (State Mtge Bank) 7s AMedellin (Colombia) 0%s 1954 98 92 02% —~Fc7)-Aug % 95li :—Mer-Scpt ——————J«»-July 1974 Japanese (Imperial Govt)— AOtisS extl loan of-.'24 ■ 1854~— 6 lis due 1*954 extended to 1964 Mexican 1979—; (City off 6s of '26 1961 6s due 1961 extended to 1971 94 High 191 191 - — A Yokohama 92 14 • 100% 100% 3%s external readjnstment 1984— —Jan-July Valle Del Cauca See Cuuca Valley (Dept of) Jamaica' (Government Low • 1937) External con version 1979 May-Nov 3%s-4 %s-4 ^-s external conversTon 1973.June-Dec 4s-4%s-4%s external readjustment 1978-FcO-Aug • Jan, 1 No. 179 .; 72% 68 62 70»n 1977.—A——-—Jew-July 30-tyear gtd ext s i 3s Italian Public Utility Institute— Range Since Sold High ' June- Dec 1903.—-— to External readjustment Italian Credit Consortium for Public Works Bonds Friday's June- Dec- Uruguay (Republic ofi— (. 3%s-4s-4'/iiS (dollar bond of 73% 68% 1953 extended 6s 40 42 102% 102'% ^ Italian"? 86 April -Oct April- ■Oct '27 1961——— ■//. 5%s due 19C1 extended to l!)71— April-Oct funding 4 lis 1966 — April-Oct Hclsingfors (City) external 6%s I960.,-—Aprit-Oct Conv 110% 104 3 9514 1 or Bid & Asked — A5%s extl loan of ' » Sale Price Low Tokyo (City of) 18 108'.110 June-Dec 1972-——-— Greek Government— Last Period High Low No. Interest < New York Stock Exchange ^ bonds 1980- 3s - BONDS Since Jan. 1 Sold High Low (cont)— Range Bonds Friday's Week's Rang# Friday Week's Rang# Sale Price Period New York Stock fcrcbang# German Friday Last Interest BONDS 75% 10214 105 Volume Number 5863 190 . . The Commercial and Financial Chronicle . (177) NEW YORK STOCK EXCHANGE BOND RECORD BONDS New York Stock Exchange Central RR Central Co. New of N J York Friday Interest Period 3'As 1987 Power 3s or Sa Jc Price 44'7 ses subord conv 4%s Paper debs Chesapeake debs Ohio & 1979 Fibre & subord conv & div first A Second consul gold 4s consolidated gold 1st & rcf & 107 115 79 Vs Chicago GreliI AGeneral 5s Western inc intge A 2nd Jan mortgage 4 VL-s inc 1 debs Chicago & North ASecond First A ser Jan Western jnigc 87 86% 85 92% 95% 83 'A 83 81 82'-. 80'.:, 72 15 .April VA '70 —Jan-jnly 2019—April 58% 64 Va 261 59 VA 64); 66 60' 60 VA *86% 1963». mtge 2*5-»s 3 As 64 *92VA 35 22 77 83% " a 100 99j*. A 373 99% 100% 89% 90 12 88% 96 % 94% 97'A 42 96 78 78 79 49 74% 11 74 74 % 101 77% " 84% 70 74% 93 72 70% 75% 18 85'A *88 ■, 72 % 71 % 72% ' *100'A 105% 59 *81 ■ ( 66 81 85 % 85% * 86 debentures scries A debentures series B debentures 3%s debs 1975 75 96 97'A 80 93 97'A 99 "a 112 76% 80 *94 95 97'A 5 97% 99'/a 2 97 99% 112VA 109 367 105 112% r- series series C 1977 3%s debentures series E debentures scries F ——Jan-July Mar-Sepf April-Oct 3981 4%s debs 5%s debs 5s series G series II debs series I 4%s debs . April-Oct . 3982 J tine-Dec 1982 scries 4%s 3%s subord J debs series Columbus & 3 981 April-Ocf 1983 ; Mar-Sept K 1983— debs conv South Ohio May-Noo 3904 Elec May-Nov 3'As 1970—May-,*)'ept 1st mtge 4'As 1987 Combustion Engineering Inc— 3%s conv subord debs 3 981 Commonwealth Edison Co— June-Dec mortgage 3s series I. 1977— -Feb-Aug mortgage 3s series N 3 978—_—June-Dec 3s sinking fund debentures 1999 ——April-Oct First 23As 6 1 debentures 3999 2%s s f debentures 2001—. First and Edison refund First and mtge refund April-Oct — of New April-Oct ._ 2:!is ser A ser B 1911 .April-Oct C 1972_Juue-Dec refund First and refund mtge 3s ser D refund refund mtge 3s ser E 1979 mtge 3s ser F 1981- M series First 1st and & 1st ref & ref 1st fc ref 1st & ref 1st & 3'As M 3:!«s ref M 1st & ref scries & ref M 1st & rer M 1st & ref scries 3%s series M 4s series 3s conv debentures 4s conv debs Consolidated 4%s conv 1st ref 1st ref M M N ser 1982 O El 2V11S 3VeS 5s debentures debentures 47/us debentures 4%s _ 1981. Co Northern Rys mortgage 4s For footnotes 105% 110 100% 105'A 3 95 28 . — 126'A 75 . — 99% ■ '' debs ' ' 98' !58 % 36 81 .109 1965 see page ' Jl 72 82 83% 83% •>' 73% 75% 74'A 5 72'A 78 74 % 75 7 73% 79 82 % 82% 2 80% ■ ser & ref 3'As 82 75% 82% 82 87 19 80% 88% 4 80% 90% 82 88". 87% 83 17 81% 82% 81 VA 82 80 3 & Detroit debs Mack Second 81'A 10 80 31 91 VA 102% 124 101'., 109% 30 89% 96% 84 94 VA 103 VA 104% 91'A 92'A 91% 110 ill 86 257 105% 119% 113'A 112 V a 113% 217 103VA 78 VA 78 VA 78 gold 79% 76 87 86% 87 84 VA 84 VA 86% 84% *86 VA 3s *— *94 1 Mar-Scpf Aprll-Ocf 102 •'« 81 7 80'a 92 7% 105 103% 28 108% 93% 95'A 102% 6% *81% 87% Light 5s Inc Co & 2%s 1095 consol First consol A5s debs A ser ser 3%s mortgage 3'As Jan 1 Jan East Fair 15 ser ser 2020 first mortgage Coast Stores 5s 4s American series' A debs conv Oil subord conv Electric Co debs Co debentures 2%s debentures of 3 %s debentures 1969 1975™ debentures — income conv debs 1979 — 17 89 90% 15 V A 31 77% 16 76% 81% — 75% 75% 1 93% 97% 101% — 91 121 94% 50 116 134% 106 117 112 122 *104 *88 89 —* 101% 101% — 91% 56% 59 102% 101 101 96 *100% 101% 1 96 ' - —* 59 *88'A 59 53'A 59% 85% — 88% 59 ■ 62% 59 60 58 58 53 60 144 86% : 61% 60% 87% —- 87% 133 debs debentures 3977 (W 1909 - — 5s series 1978 C 1973 — 4'As General mortgage 3'As series N 1990 General mortgage General 1976 3'As series O 2000 92 94% 141% 141% 144 12 124 149% Mar-Sepf 111% 110 130 105 118% May-Nov 99% *88% 90% 113 99% 100'A 91% 37 136 8 98 91'A 91% 98% 99% 220 98 da 98% 98% 367 98 89% 90% 47 89% 94 86 85% 86% 55 85'A 91% 87 87 88 »A 60 87 86'A 87'A 77 92% 93'A 104'A 104'A 86% 89% 89% 87% 88 1st 1978 scries) 101% 108 85 89'A 96 88 81 87 91% 95% 98% . *— — 90 May-Not 150 143% 151 280 124 156 150% 157% 434 130'A 1 92'A 100 8 99 104% Jan-July 92'A 100 92'A 99% 100 92 92 f debentures 5s f debentures debentures 959 7 119% 138% 1 100 106% 100'A 100% 109% 96 \ 95% 95% 10 95% 69 'A 69% 1 69 'A 77 69% 69% 2 69 % 75% 65% 67% 13 65 73 % 57% 60% 11 95'A 97 '■58 95'A 68 96 101 76% 78% 62 62% 72 73 62 69 83 73% 83% 70 12 % 76 75 — 79 87 75 91 —— *87 ■ 80 80 80 85 — 85 *82 74 74 5 . 74 91 202 101% 99% 78 91 237 104 101 101 95% 96 98 94% 100% 95 95 96 21 95 100'A 83 83 5 83 95% 96 85% 98% 88'A 92 88'A Jan-July Jau-July Jan-July 97% 98 1970 « Mar-Sepf 1977 1984 1982— first IA Adjusted income 5s Feb 85 75 15 15 ■ -83 1978—.—_Juue-Dec 2%s & Manhattan 94% 102% 108% 120% 121% 5 f 90% 5 159 120% .Jan-July Jan-July Jau-July Jau-July Jan-July Jan-July Jan-July 1978 debentures s 152% 108% mtge 1976—_May-Nov April-Oct Jau-July 1908 4%s 86 46 June-Dec Jun-Dec 2050 Corp 99% 100% 90% *98 _Mar-Sep/ Mar-Sept mtge 2%s 1979 June-Dec mortgage 3;%s 1981™—— mortgage 3'As 1982 June-Dec Hackensack Water first mtge 2%s 1976—Mar-Sept Harpen Mining Corp 4'As 1970— Jan-July Hertz Corp 4s conv subord debs 1970 Jan-July High Authority of the European Coal and Steel Community— 5'As secured (7tli series) 1975 Apr-Oct fund 95 95% 90'A 1st debentures 90 88 88 99% 1st sinking 102% . 1909 Finance 108 101% 175 98% 78% (11th 98% 223 171 102 *— 95% secured 90 123% 118% —97% 90 102 1961——Jau-July -r' Ohio RR— 3s 86% 110% 166 103% R mortgage 1 *92 May-Nov mortgage 2%s series debentures 82% Aprll-Ocf mortgage 2%s series A 100% 99 General debs scries 81% 136 1982..—.Jan-July Q 2010 Jau-July Slates Utilities 2%s 97% 39 104'A 105% mortgage 2%s series P series D 146 126 5 98'A 83% 105 (BIT Co first mtge 2%s 19G5-May-Nov R) & Co 3'As conv sub deb- *75_May-Nov Union General 135 98 *82 Corp— General s 90 97% 93 28 Jan-July Corp 3.30 debs 1980—— Telephone 4s conv debs 1971 t!AHudson 15VA 97% Feb-Auy Mnr-Scpt Shoe conv s 96% 208% 116% 75 *91 Mar-Sepf Company 4%s conv Great Northern Ry Co— 4%s 102 86% 86% 117% 121 General Tire & Rubber Co 4%s 1981——..April-Oct Glidden Co 4%s debs 1983 May-Nou 4s 168 81 118'A April-Oil Mar-Sepf ...Jan-July ..Jan-July Mar-Sept 1901 debentures 1977 debentures 1979 General Motors Corp 3'As General Realty & Utilities 4%s 60 105 -- 98 May-Nov Jan-July 1964—— 3%s 92 96% 96% 94% 90 133 Mar-Sepf April-Oct . 1976: Household *90'a 76% 86 6 Texas— 5s 93 7B 97 61 \ 208% *— May-Nov 1974;. 4s 90 208 99% 96 .76% Jan-July 105 - 88 102% 106 May-Nov 1979- debs 1972 5s 105%*: 99% 204 99% 74 93% __ 96% —Jau-July 1984— • 3 %s .debentures 86 15' 97'A 105% Aprll-Ocf ., 1961 I960 37As ilc 37 2000—Jau-July Corp 3%s debs 1976 Acceptance Corp— debentures 1 66% 99% 95% Transport 4s conv debs 1981 May-Nov General Cigar Co 5%s income debs 1987—Jnhe-Dcc *90 '66_May-Nov G Amcr Grand 86% ' Foremost Dairies Inc 4'As 1980 Grace 30 64 'A 86 96% April-Oct 3'As 1971—Mar-Sepf 102% 84% 86 88 April E 1964—April-Oct F 1990—Jau-July Fort 4%s 72% 79'A 1 *99 2015 Worth & Denver Ry Co 4%s 1982 Gardner-Denver 4'As conv d'ebs 1976 Garrett Corp ,4%s conv debs 1978 Gen 7 7 Jan-July debs 89% 176% 153 Metallurgical Corp— AFJorida General 86% 134% 18 72% 204% May-Nop 4%s. conv,subord debs 1970 Firestone Tire & Rubber 3s debs 2%s debentures 1972 3'As debenture 1977 Food 77% 66% *70 1965—Jan-July 1973 inc 4%s division 78% 74 Corp— mortgage Income Ohio Fanstecl 90% 72'A 80 Feb-Attflf Railroad Co— First 83% 3 87% 99 & General mtge First consol 16 *66% 99 Juliet Paso 89 80 Mar-Sept Apr-Oct Apr-Oct Mar-Sept s 90 85% 72% April-Oct 3%s 91 86 66% 80 (N Y) first cons gold 5s 1995-Jan-JuIy & Eastern Ry 3'As 1970: Mar-Sept Southwestern first 5s 1965 Apn'Z-Oct 5s stamped 1965 ApriZ-Oct Energy Supply Scliwaben Inc 5'As 1973 EI 84'A • 140 Jan-July Mar-Sept ; 93% 85 167 May-Nou 1977 Hocking Valley Ry first 4'As 1999 99% *— May-Nov Edison EI 111 Elgin 87 74% 138 June-Dec Feb-Aug Apr-Oct 61 19 72% : June-Dec 1901 60 52% 80'A ——Feb-Aug 1977— Steel subord conv 63% 58 86 72% Mar-Sept Mar-Sept May-Nov conv Fuel Associates Stainless / 53% — 85 Mar-Sept May-Not; 1982 4%s 130% 78 *83% 1982—May-Sept mortgage 2%s 1979 mortgage 35/8s 1983 mortgage 3VAs 1986 1st mortgage 3%s 1988 1st mtge 4'As 1989 1 Gas 71'/a 53% 'II 86% Jan-July 89% 99 67 87% ■ 93 101 % 42'A Inc— debs Industries Eastern *85 April Apr-Oct subordinated Eastern J an-July June-Dec 4'As 114 11 — 106% 93 % 95 42 k 87% June-Dec ' Co 101 82% ■ Tunnel 89 12 4 April-Oct 1995 & 105% 78'A 97'A ' 62 4s 100 101 96'A 57% 1980 7 78 49 *53% gold 19 100 95% *60 1st *86 78' 95 95% 1985—„May-Nov 1969 119% 121 101 82 1985—May-Nov 1985 81 *99% 101 1 B 101% 102 78% 82 1st 86% 837/a 103 VA 105 82 61% 1st 3s 79 __ 87% J 60 1st Jan-July June-Dec 4s Aircraft Duquesne 1st 85 *79 *104'/« 5 61 % conv subord debentures 1977 s f debentures 1978— Chemical 2.35s debentures 1961— 5s Dow Gulf 91 9 89 1 1984 O first lien „ 81 101 89 fronton RR 2%s ser B 1976_Mar-Sept Gardner Corp 4s debs 1983 Diamond Douglas 5s 82 71 1970 N 81'A 87% 101 18 1993 78 ■ 47% 1970 82% 78 81'A 71% 1993 J 76 *— General 81 79% 75 VA *— Geaieral mtge inc 5s series A July 2015 April mtge lnc 4s series B Jan 2044.——April 1st Ks ref M 3%s series G 1980 May-Nov 118 *75 150% 47% General 243 110'A 114% 10 68% 1971™ Terminal Goodrich 95 *85 88 78% — 47% 1976 series Detroit General 90% 83% 105 % 130 78 A debentures 2%s General 86 83 128 78 68 % scries I ser ref A4s 80 128 1973—May-Nov 1973 II K ser convertible Foods *70 V A May-Nou 2%s conv Motors 70'A 72 81'A Jan-July 1983—Apr-Ocf C 1988 refund 2%s 3%s & 39 83 100 2042——May-Nov ser interest) 3%s 3s 72 33 May ser 3s scries mtge ref General 86% 101% 1963 series 3%s Gen April-Ocf f. 31. 3%s ref General — 3'As M tr 3s and & 89% 7 128% 80 78 *_ 81 Apr-Ocf 1976 series) & General 101 807« — (1942 Gen 105'A ' 81 May-Nov debs General 94% 90 85% -- - *84% _Aprll-Ocf 1984 coll Edison Gen 4%s 100'A , 74'A Mar-Sept 1975 extended Light & contingent ' 83 -- —Feb-Auy mtge A 1st 2 • Cuba— Products Co 4%s subord Crucible Steel Co of Am 1st Cuba 102% ' Feb-Any Corn 93 «A 89% 40 ; 98 it * June-Dec 31ks 90% 97 88 , it ..June-Dec debs 82% 83% ■ & —• May-Nov 1983— 3s .. J. ■ 82 . ■; 22 101'A 124 82 — 92'A April-Oct 1982 mortgage 4'As 1988 Continental Baking 3s debentures Oil ■ .Jan-July 1st Can ' 91 April-Oct 1979— A3s cum inc debs 2001 Consumers Power first mtge 27/as 1st mortgage 4"As 1987 45/8s conv debs 1972 Continental 124% 103VA June-Dec (Ball) refund & Gulf Mobile & 1984 Railroads of Continental ■U' .:r'"82 % 86% 95 *86 : 94% .Feb-Aug , 1982 debentures Consolidated ■ ■' <*• ' *92 'A — " 86% ■' .■ 106 101 — -12 ,i. 86% 82 1 102% 102% 101 82 / • • Corp— 1&78 debentures ' ; —June-Dec 1976 U lOO '■ . 98 % 95 Jan-Dec 1st ref mlge s f 2V4S series X 1986 Consolidated Natural Gas 2%s 1968 3'As debentures 1976 3s 1 — April-Ocf Light & Power series — ■ : 98%' 102% May-Nov 1963 debs ,*87 ■ 98% Aprli-Ocf 1988 2V«s series T *83% • * __Junc-Dec 1986 1986— ——, subord — *83% ' — —. _M«r-Scpt _Fcb-Aug Jan-July 1985 L M Electrodynamics Gas , Jan-July Feb-Aug .-—Ma//-Nov 1987 1973 83 May-Nou — 1983— IC scries 4'As 5s 1972 1981- II I ser series J 1984 Uk M 1st Consolidated G M 3'As scries M 3%s 83 1982-Mar-Sei)t First and and 82% __ ' York— mtge 2r:ks mlgc 2%s First 82% Mar-Seot First Consolidated *82% ' April-Oci 1980 3%s ' — Feb-Aug 19791 D ' June-Bee : 3 975 4s mortgage 3'As 82 74% 80 ilfar-Sept 3s and mtge Detroit Erie 81 :,90% 80 Mar-Sepf May-Nov 3s Hudson 101 Jan-July E'eb-Auy 1983 . 88 ■ 23 *10% 25'A 101% April-Oct Income mortgage series A 4 '/a % 2018 Denver & Salt Lake Income mortgage (3% fixed 1% contingent 83% Columbia Gas System Inc— 3%s & 1965 1977 debs Power 1% 92% 89% 10 Aprll-Ocf & Rio Grande Western RR— First, mortgage series A (3% fixed 98% 79 79 26 Denver Dresser 98 97% Jan-July 1993 93 Vu 90'A 79 1st mtge- 4 As 1994 Apr-Oct Cleveland 'Short Line first gtd 4'As 1961—April-Oct Colorado Fuel & Iron Corp 4%s 1977 Jan-July • 1st 4s 88 89 VA *89'A 100 98% 923a 78% *88: 66 92% 93 " 78 69 59% 93 Ve June-Ocf 1905— 105 93'A 93 V a Refunding and impt 4 'As series E 1977—Jan-July Wab & Mich Div 1st 4s 1991.Jan-July St Louis Division first coll trust 4s 1990_May-Not/ 1st 62 VA *93% .Feb-Aug Feb-Aug Jan-July Mar-Sept 1909_ debentures Delaware 83 102 65 02 VA May-Nov 1970 debentures Pennsylvania Division— 1st mtge & coll tr 5s 1st mtge & coll tr 4%s 67 78 82 17 65 Terminal- - 1986 Detroit Tot & Jan-July _Jau-July — 87 103%. 104 Jan-July _Jan-July 1963— 60 VA 77'A Mar-Sept Feb-Aug 1994 Publishing Co 6s debs Gen .• 10% June-Dec First 77% -April 5 1970 Alncome mortgage due 1993 Morris & Essex Division Collateral trust "4-6s May 1 72% 66 1999 25% 11% B May-Nov Delaware Lackawanna & Western RR Co— New York Lackawanna & Western Div 73 207 10 series Delaware 83% 66% VA Cincinnati 3s 77 44 68 „ mortgage 82'A 1 80 70'A 67 4%s debentures 1971 April-Oci Cities Service Co 3s s f debs 1977 Jan-July Cleveland Cincinnati. Chicago & St Louis Ry— General Bold 4s H)93_. —June-Dec General 5s series B 1993June-Dec mtge 78 80 First mortgage gtd 3%s series E 1969 First mortgage 2%s series G 1974 O I T Financial Corp 4s debs 1960 1st 5 1 4s interest) 79 11 11% lien subord 62 59'A 67% 1st coll trust mtge 43As ser A 1982 May-Nov Cincinnati Gas & Elcc 1st mtge 23Aa 1975_ApriZ-Oct 1st 54 54 53 68 ___ Cleveland Electric Illuminating 3s First mortgage 3s 3982— 82'A 81'A 693 -April J an-July 1970— 77% 73/ 7.9 79 ItR Co— mortgage 4'As 1987.— 97 VA 80 11 J«7ie-Dec 4%s Hick 12 1970 2%s Jan. 1 Low 3 A Co Range sine* No. 12 series & ref Bonds 8*ta Hi«h 12 4s & Thursday's June-Dec 1970 4s 3'As 7.4 65% 90 90 80 Deere 83 «A 70 VA or Bid & Askeo Jan-July Daystrom Inc 4%s conv debs 1977 Mar-Sept Dayton Power & Lt first mtge 2%s 1975—April-Oct Fivrt mortgage 3s 1978 J an-July First mortgage 3'As 1982 Feb-Aug First mortgage 3s 1984_ Mar-Sept 1st mortgage 5s 1987 May-Not? 99% 56% Week's Rang* Last Sale Price lien & ref ACurtis 86 1 Jan refunding mtge 23/4S-4'As 2u4.n-4'As 1994—-— debentures 87 Period Low Imp & equip A 1st 82 71 4 62 VA 89 80 (A 34 72 ■■48'A 1989 Chicago Union Station— • First mortgage 3'As series F First mortgage 2%s series G 3%s 81 81 82 VA • 58% 2044_ First and Union VA 96 82 4:61 Chicago Terre i la lite & Southeastern. Ry— •' 1st 96 Friday Interest Exchange mortgage 4s June 30 1970 A 1st 96 92% —-^Mm -Scpi 4%s income debs 1 i)!>5— 1st mtge 'S'As ser C t983__ Cincinnati 90 92% 81 Chicago Rock Island & Pacific RR— 1st mtge 27h.s ser A 1980—. ———Jau-July Chicago & Western Indiana 8 RR— l 2055— mortgage 3s scries It Ineonie 103% 81 2003_—-April Jan A Ry— 4%s inc conv 96% 79 VA 16 1963 —April Pacific & 1 122% 27 Ry—.• Jan increased series B Jan conv lnc 108 VA :c81 Juu-July 2038— A ser 1988 A mortgage 4s series A 1994—— General .mortgage14Viss inc ser A Jan A5s 4 "■83 May-Nov First 4%s 165 98'A 81'A . mortgage 4s' inc series Chicago Milwaukee St Paul 115% 80 15 ——May-Nov series 4'As " 94 91 Vu Feb-Aug .___ Chicago Indianapolis & Louisville A 1st 117% 95% 1982 4s 106 V4 93VA 79'A Feb-Aug -Fcb-Aug 2054 Jan 93 Hl'.o mortgage in<: conv 5s 1007___^_-__April mortgage a-'j-is•series' B 1965— May-Nov debs 355 A 90'A ' 91 VA ; RR— A 1st 85'A 90 -Feb-Aug inigc 3s 1990— Income 91'A Cuba 49 80 VA 10 BUNDS New York Stock High 42% 90 98' A General A5s 1 115 Jan-July i989—.—J<m-July mlge 4:!».s 1978 Chicago & Eastern 11! RR — ' First 80'A 106'A 1073A 1969 4s rol Chicago & Erie J.st gold Low 125 91V: 1992—-Meir-Sept Chicago Burlington & Quincy RR— First and refunding mortgage 3'As 19115 First, and refunding mortgage 2%s 1970 1st No. 44% 90 Refund and impt M 3-%s series D 1996—May-Noi; Refund and impt. M 3'As series E 1996—Feb-Aug Refund and impt M 3%s series H 1973—June-Dec R Jthgn LY JUI FOR WEEK ENDED aiavc Jan. 1 80 V A .Jan-July 1965—Jan-July _Jau-July deb 4%s gen Rane«- Sold — 3Vis 1984 Ry Bonds 43 April-Oct Central Pacific Ry CoFirst and refund 3'As series A 1974 Feb-Aug First mortgage 3%s series B 1968 —Feb-Aug Cerro de Pasco Corp¬ Champion RANGE Friday's Bid & Asked Dow Jan-July 1974 Week's Range Last 5s 1957 A 63 8 103 103 1957—Feb-Aug 57 % 57'A 58% April-Oct 16% 16'A 17 97% 97 98% .97 O CO 104 105% 8 100'A 107 50 :A 66 15 28% 45 . 2& The Commercial and Financial Chronicle 30 $. . Monday, July 13, 1959 (178) NEW YORK STOCK Interest Last Period no s v s Sale Pries Kxehaag* New York Stock or Bid & Asked 2%s series A 1981—Jan-July First mortgage 3s series B 1978 June-Deo 111 Cent RR consol mtge 3%s ser A 1979—May-Noo Consol mortgage 3%s series B 1979 ^May-No* Consoi mortgage 3%s series C 1974 May-Nop Consol mortgage 3%B series F 1984 Jan-July 1st mtge 3 Vis series Q 1980__Feb-Aug 1st mtge 33%s series H 1989 ___Mar-Sept 2 Vis 8 I debentures 1980— Jan-July 1st * 80 86 New 89% New 87 87 75 75 5 e 80 88 W 99 263% 1 237 81 8H 86' 1 5 86 93 96 V i 971 - 5 96 104% 285% 285'/a * Mar-Sep! Jan-Julf Jan-Julf 81 « - 86 V . 4 Feb-Aug 98% 98% 99% 27 98 3 4 104',j Corp 4%s debs ser A 1979 International Minerals & Chemical Corp— May-Not 98? 11 98 Vb 98 3 4 43 98% 104 Via 8.65s conv subord debs 1977 International Tel & Tel Corp— 4%s conv subord debs 1983 Jan-Julf International Harvester Credit Interstate Oil .—* 4Vi8 s t 1987 debentures Power 3%s Co 1978 4Vis conv 1982 Circuit Breaker Kanawha subord & 151% 141 Michigan Ry 1990 4s ~ 89 % 97 98% 99 Vb 84 Vi 127'n 24 76'90 f(0 8 107 107 ...1 109 224 1974_ Karstadt (Riuiolpli) 4%s debs adj 1963 Kentucky Central 1st mtge 4s 1987 Kentucky & Indiana Terminal 4Vis 19G1 Stamped 1901 1901 4'%s 1961 90 ... 3 Vis registered 1997 Lehigh Coal & Navigation Lehigh Valley Coal Co— 1st Si ref 5s stamped 3 Via A 4s A fixed Series 95 17» 17» 92 Vi 4 8 02% 02 02 Feb-AUf Feb-Aug 90% 2% 1% 02 .. 79% 70 00 14 07 "60 123 117 04% 72 3 80 1 1964 Interest -— Interest 79 73 71 72 70 75 Jan-Julf 62 02 Vi 60 G7% Map-Not 2003 47 V» 48V 46 55 "52 _Map-Not 2003 Map-Not ASeries D 4s ASeries E 4Vis F 5s 2003 35 ..May contingent interest 2003 contingent interest 2003 59 Vi 53 05 57% 03 VB 35 May Interest 4 00 "57% May ASeries contingent 77 Vi "75 99 94 99 Feb-AUf fixed Interest 2003 fixed 5s C 92% 6 ll'n 79% — Series B 4Vis 93 3 "96 3 i 1st & ref 5s stamped 1974 Lehigh Valley Harbor Terminal Ry— > let mortgage 5s extended to 1984 Lehigh Valley Hallway Co (N Y.) — lBt mortgage 4 Vis extended to 1974 Lehigh Valley RR gen consol mtge bds— Series 95% 92 Va 86% ias Aprll-Ocf 1970 96 95 Vi 87 Vi- *93 June-Deo _• 45% 92 . <1 *111 Kings County Elec Lt & Power Cs 1997 Aprll-Ocf Koppers Co 1st mtge 3s 1904 Aprll-Ocf tAKrenger & Toll 5s certificates l959__._Mar-Sepl Lake Shore & Mich South gold 3Vis '97 June-Deo 96 89 % 45% _ *94 87 V 81% 9 *96% - 84 93 8 95 94%. - 81% 77 88 45% 87 V« 79 84 96 83 _ .. Jun-July Jan-July Klroberly-Clark Corp 3%s 1983 122% 36 Vi 1G 32'/a 41'A 34% 44 38 46 38 Vi 32 42 Vi 3 72 Lehigh Valley Terminal Ry 5s ext 1979 Aprll-Ocf Lexington & Eastern Ry first 5s 19G5 Aprll-Ocf Llbby McNeil & Llbby 5s conv a f debs '7G_June-Dco 37'i 42 Vi 37 Vi 72 Vi 11 71 74% 99% 1.07 Vi 109 Vi 101 106 Vi 177 Lockheed Aircraft Corp— 3.75s subord 4.50s debentures 1980 debentures Map-Not Map-Not .-April-Oct 107G Lone Star Gas 4%s debB 1982 Long Island Lighting Co 3%S (P) Co 3s debentures debentures 197G 3s D 126% 131 119 06 90Vi 90 Vi .1 92% Mar-Sept 82 April-Oct 80 3 i First Si refund mtge 3%s ser F 2003 Aprll-Oot First & refund mtge 2%e ser G 2003—April-Oct First & refund mtge 3%s ser H 2003 April-Oct *75% "85% First & 17 "76 3%s debentures 1978 8 82 100 refund mtge 33/8s ser I 2003 gold 3s 1980. — Mack Trucks Macy (R Inc II) 5Vis Co. & subord 2%8 — debs ..Mar-Sept conv subord debs 1977 Maine Central RR 5'/as 1978— Martin Co 5Vis 1908 "ex wts" 86'/a 92 % 78 f debentures s 3Vis debentures f s 116 00% 100 101% 101 Vb 87 28 97% 89 104% 83 04% 83 Va 84 Ve 83% 83 137 82% 96 Mar-Sept 78 Vi 118 5 100% Jan-Julp Feb-Aug 1980 72 97% 99 137 86% May-Nou 1972 1978 80 83 .125 ,135 71 85% 101% 99% 99 *83 Feb-Aug Feb-Aug May Dept Stores 2%s debentures 3 Vis 99 1972__Map-Nov 85 % 85 84 May Stores Realty Corp— Gen mtge McDermott 5s 5s McKesson & Feb-Aug 104% 104:! Feb-Aup 100 9 100'/u 10G & Co— debs Robbins 1972 3 Vis debs 1073 100% 101 99 58 *90 Mar-Sept 110 90 Vi 90 Merritt-Chapman & Scott Corp— 4Vis subord conv debs 1975 Jan-Julf Metropolitan Edison first mtge 2%s 1974—May-Nop Michigan Bell Telephone Co 3'/as 1988 Aprll-Ocf 4%s debentures 1991 June-Deo Michigan Central RR 4Vis series O 1979 Jan-July Michigan Cons Gas first mtge 3 Vis 1969—Mar-Sept 3%s sinking fund debentures 1967 -Jan-July Mlnneapolis-Iloueywell 3%s s f 3.10s s I debentures Mlnneapolls-Moline 6s subord f s 85% 85 392 80 98 82% 79% . 81 *.... 81'% 79 86 % *— 81 ' 95'A 83 13 83 92 92 *93 93'% 1 95 Va 79'% - 83 - 90 94'A- 93 5 ■ 100% 94 Vs Regulator— debentures ' 1976 Feh-Ano 91 ~~~Avril-Oci 1972___ *85 Co- Va 92% 40 86'A 91% 98'A 87% 85 , lnc debs 1986 (quar) F M A K 112 112 110 58 ■ 92 116 i?,n St Paul & Saulte Ste Marie- First mortgage 4Vis inc series A Jan AGeneral mortgage 4s lnc ser A Jan Missouri Kansas & Texas first 4a 1990 Mlssouri-Kansas-Texas Prior lien 5s series lien ACura 4 Vis 79 May 1991___May series D adjustment 5s 1978 ser A Jan Jan-July Jan-July trust 1976 Malone first Ry 3 Vis Monon Railroad 6s — inc B 196G debs Jan debentures 1978 Nashville Chatt & St Louis National i Dairy 5 Vis 1 Vi 2007 3s 1st 84 92 34 78 84% 1 64 74 04 64% 06 'A 19 04'/- 73% 33'%. 284 31'A 43 71% ser 1986 debs 1977 23/is England Tel & Tel First guaranteed 4Vis . mortage 3 Vis 1997 Jan-July registered 1997 -Jan-July collateral gold 3Vis 1998 Feb-Aug 3%s registered 1998 ...Feb-Aug Michigan Cent collateral gold 3%s 1998_Feb-Aug 3 Vis registered 19.98 : Feb-Aug New York Chicago & St Louis— Refunding mortgage 3 Vis series E 1980 .June-Dec First mortgage 3s scries F 1986 Apn'I-Oct 4Vis income debentures 1989 June-Dec N Y Connecting RR 2%s series B 1975 April-Oct N Y & Harlem gold 3Vis 2000 May-Nov Mortgage 4s series A 2043... Jan-July Mortgage 4s series B 2043 Jan-July N Y Lack Si West 4s series A 1973 --May-Nov 4Vis series B 1973 May-Nov General Y New First First Northrop Aircraft Inc 4s conv Northwestern Boll Telephone 2%s 1984 Ohio Edison first mortgage 3s 1974— First 1st mortgage Electric 2%s 1975 3%s 1982 —Mar-Sept 1st mortgage 3lis 1988 -June-Dec 1st mortgage 4%s 1987 — ———Jan-July Olin Matbicson Chemical 5Vis conv 1982—May-iVou 5Vis conv subord debs 1983 Mar-Sept Oregon-Washington RR 3s series A I960—April-Ocf Owens-Illinois Glass Co 3%s debs 1988—June-Dec 1st 166 58 68% 55 65 debentures debentures 1987 1978 1983 1981 1991 1988 3%s debentures •'>'/«3 debentures 3%s debentures 8 93 98 Vi General 4%s 62 64 General 5s 85 88 49',i 34 44%' 53 Vi 53 19 50 54% 83 68 Vi 77 84 88 88 *78 106 78 108 78 Vi 77 102% 115% 857b 4 84 % 89 Va 2 86 Va 91% *84 Vi 86% 96 % 96 % 21 96Vi 86 "a 86 V 10 86 88 Vi 81 81 8 79 87% 89 96% ..Jane-Dec May-Noo 99% 117 b 85 99% 50 99% 115 Vb 117'/« 06 114% 99% 100 May-Nov 1982 100 VB Mar-Sept 100 100% April-Oct 1974 100% 5 98 90 104 99 Vi 140 105% 148 100 102 76 *79 V i ..April-Oct April-Oct -Mar-Sept Mar-Sept Mav-A'ow * Feb-Aug —.Feb-Aug 82% 79% 79-% 86 ; Western Oil 3%s debentures 1964—June-Dec Pennsylvania Power Si Light 3s 1975 April-Oct Pennsylvania RR— Consolidated sinking fund 4V2S I960—..Feb-Awp 12 108 Apr-Ocf 1978 1986 3%s 93% debentures 2%s 03 7 b Feb-Aug Mar-Sepl conv 3%s series I 1966——June-Dec June-Dec --June-Dec First Si refunding 3s series L 1974 June-Dec First & refunding 3s series M 1979 June-Dec First Si refunding 3s series N 1977 June-Dec First Si refunding 2%s scries P 1981 June-Dec First Si refunding 2%s series Q 1980—June-Dec First & refunding 3 '/as series R 1982 June-Dec First Si refunding 3s series S 1983 June-Dec First &; refunding 2!'«s series T 1976— .*£?ie-Dec First & refunding mtge 3%s ser U 1985-Junc-Dec 1st Si ref M 3'/bS series W 1984 June-Dec 1st Si refunding 3'/bs series X 1984 June-Dec 1st & ref M 3%s series Y 1987.— June-Dec lst&rcfM3%s series Z 1988 June-Dec 1st & ref mtge 4%s series AA 1986 June-Dec 1st Si ref mtge 5s series BB 1989. -June-Dec 1st Si ref 3%s series CC 1978 .June-Dec 1st & ref M 4%s ser DD 1990 June-Dec Pacific Tel & Tel 2%s debentures 1985—June-Dec 63% • 64 82 28 60% 82 31 81 7 79% 84'% 65'.i 66 12 €4% 69% j *82 % 82% 57% — 62 Vi EOVi i / 57 ?» 64 *62 74 56 71"- *70 75 TO 3 70 84'% TO • 70 70 67'% 45% 45 46% 140 42 51 "i 24% 24 % 25 147 23% 33% 70 75 -71 74 77 % 78 % 77% 82% 64 64 61 04 *57 77'% 02 56 V- 4 50% 3 26% 31% 71% 78'% *73 74 *80 % 81'% ...~ 78 78 *>. 97 93 93 73 Vi 73'i *75 , 83?o 103 £7 £1 _ . 79% 74% 3 97% 73% 10 , 81 76% 47 » 63 75 1 7H'% 84 77% —— 97 7 57 78 y8 2 0 75 ■ 78% 93 60 55 27 55 26 78 85% 77 tf 86 £6 77 117 116% 1173:) 196 113% 130 % 102'% 102 102'% 22 99'A 106% 92% ~G ■■. 92% 91 99% £7% 98 86 Va 97'/- 90'% 92 86% 83'A 80% 83 Vi 86 7 a 83 3 3 90 83 12 b *84 . 89 84 88'% d 97 7 k £8 100'A 2 97% 103'% 1 £8% 1043,b ; 98 997a 99% 84'% 84% 98 85 95 64 28 86% 83 *75 90 73 CO 66% 10 58 64 60% 60% 01 60 59% 00 82% 82% 84 9' 61 93 83'% 88'%. 88'% 7. £8% 94'% *— 81 V.i 81 81% *77% 79'% 77 83 78 79% 82 % *— 96% 97 % 99% *88 90 Va 92 76% 76% 76% 126 % series series scries A B D General 4%s General mortgage 4%s series E mortgage 3'/bs series F Peoria & Eastern first 4s external General Alnconue 4s April —June-Dec 19C5. 1968 1981 1990 -April-Oct 1984 Jan-July 1985 Jan-July 1960 -April-Oct ; April 1980~L_Mar-Sept Marquette Ry 3%s series D Philadelphia Baltimore & Wash RR General 5s series B 1974 Pere ^old 4%s series C 1977 Philadelphia Electric Co— First & refunding 2%s 1971 First & refunding 2%s 1907 First Si refunding 2%s 1974 First & refunding 2%s 1981 First & refunding 2%s 1978 First Ss refunding 3%s 1982 First & refunding 3'/as 1983 First Si refunding 3'/8s 1985 First Si refunding 4%s 1987 First Si refunding 3%s 1988 1st Si ret mtge 4%s 1986 June-Dec : Co— '. Feb-Aug Ma, Nov May-Noo June-Dec .Feb-Aug ... 72% 81 80 85% 77%. 75%. 82% *— 76% 76% 76% 84 ' *82 83 El *._ 88% £8% 97 94 % 102'% 97 7 123'A 123 Vb 126 242 110% 129 123'i 123' 125% 185 110% 129 98% 70 97% 99% -137 105% 118% 97 ... 97% 4 97% ■■*_- 110% 90 108 Vb 111 951% 93 *93 .87% 84? a 83% 16 .84 ?a 87 . 5 90 Vi 83%. 90'/a ' Vi 82 Vi 83 27 80 87 77% 77% 777.; 32 76 83 % 79 79 79 72 72% 76 % 76?4i 76 >4 76'V 76 76 82 —— 76 5 77 84 Vi 7 72 79 5 75 81% 7 74% 82 16 . 75 Vi 81% 83 % 83% 78% 87 40 75% 83% 12 75% 83% *83:'i 80 Vb 77 77 ?b 77% *78"- 80% 97% 97 Vh " • - 80% 75% 77 82% — —. 104 104 104 V 79 33 4 1C3 86'/a 87 96% 1 - 103 108 96 90 91 33 96 98% 90 98"- 19 97 72 Vi 11 70% 80 71 77% 72 *72% 7 6? i .. 76% 76V'2 <1 83 93"a ; • 88 93% 100% 93% 83 93 7« 95 *92 ' 89% 81% 28 ' ' 95% 99 80 80 82% 89% 1 83 —— 88 71 15 •761% 82 79 *81% b 104'% 70% 9 74% 74 74 Vi r 1 78'A 84% 09?4 99% 100% 64 99% 101'A 95 94'% 95% 104 92% 97% 97% 98% 31 94% 98% 73 73% 36 73 79 72 3 i 72"- 73 47 71% 79 59% 58% 59 3 a 6 53 Vi 63 h 99 3 98% 99 59'i 01 44 97 VB 99 61 59 VA ' *79% • 8l'b 69 3i 79% 87 94? a 95% 14 93% 96'% 83'- 83'2 1 82% 85% 82 95'A 82 2 61 65% 14 £3 87 3 78?b 4 78'b 87'« 9 *76"*83 3 4. 78'i 78 78 110 100:% 87% 97% 88 97 % 97?ii 83% 61 Va 80 80 83 VB 83% 85% 10 76% 84 I 75% 82 3i 25 99% 106'% 88 78% 100 % 91% 77V% 74% 79 *74 Jan-July June-Dec -April-Oct Mar-Sept May-Nov June-Dec 75 Vi 75 77 u^ne-Dec ... 163 HI *— —Jan-Juily General 76% 102'% 116% 57 126% 130 96% 100 1 100% 100'% & 93 £ 58 F3 5 83% 59 Vi 50% 58 54 53% 10 58% 50 55 % 80', refunding 3s scries J 1970. First Si refunding 3s scries K 1971 \First Vi 86 Vi 1961 4%s Co debentures 475 Feb-Aup 31. Paper debentures b *68 Vi 68% 51% 52%. 83"- Gas & Electric Co— ,First Si refunding 4%s , 7<5% 53 -53% Pacific Co— page Pacific 71 Vi 597 52 60 6 25 55% mortgage 75 Vi 86% '. B & Oklahoma ,Gas 76 Vi 58 7 i. .49 33 54 % *51'% ./aae-Dec -Mar-Sept April-Oct Mar-Nov Feb-Aug 2%s 1975 2%s 1980 mortgage 61 57% 52 ?i 69% 59% 627 a Vi 53 > Apr-Oct I- -.—June-Dec 1975— June-Dec 69% 90 95 59 54% 2%s 1974....Feb-Aug ^pril-Ocf April-Ocf Mar-Sept Jan-July murigage lirM mortgage 70% 59 April Co— States Power Northern 124 85?'b 1980 series refunding mtge 4s ser A 115 59 3 i 93 Vi 4 & Hartford RR— Haven & ..... 61 02% 3%s Lake Shore *85% debenture* see Y N Feb-Aug 3i footnotes 95% 202 58 Vi 2030 S* For £3% 03 Vi 1970—June-Dec debs 1989.. Co 3Vis conv debentures 1977 New 36 72 Vi May-Not) Tea 94 73 62 r70% June-Dec mortgage 4%8 f 16 83'/- Vi —May-Nov mtge 3%s 1986. a 86% %• % May-Nov 5a 83 11 3Vis debentures 1976—: June-Deo National Distillers & Chera 4%s debs 1983-Map-Nov Natl Distillers Prods 3%s s f debs 1974__Apnl-Oct National Steel Corp 1st 3>/aS 1982___ National 88 Vi 63 June-Dec 38 debentures 1970 1st 71% 71 April-Oct conv Products 95 Mar-Sept 4s 1991 3Vis Cylinder Gas 75 Vi Aprll-Oct 1980— Central & Hudson River RR— 6s trust Collateral 3%s — 2020 Mar-Sept gtd series Morris & Essex first gtd 3Vis 2000 Mountain States Tel & Tel 2%s 1986 Natl 65 'A 62% 32 32 debentures Jan 1 2045 coll & 55'/a Issues— mtge 4 Vis series B Jan 1 1990 mtge 4Vis series C Jan 1 2005 mtge income 4%s ser A Jan 1 Gen mtge Income 43/is ser B Jan 1 Gen 4 Vis 79 64 00 1st Monongahela 1 7 1 00 07 % 85 83 Vi Jan-July April-Oct 1967 1st Mohawk 79 59'A *65 Jan-July _* 6Vis subord Income debs 2033 Missouri Pacific RR Co Reorganization 68 Income 79 Juue-Deo 1962 40-year 4s series B 1962 Prior 1971 RR— A 69% Oxford 1977 f series a (J Ray) subord conv 62% 126 82% 70% — *97 >i 101% 1968—Mar-.Sep» debentures 136 72%- 82 66% Feb-Aug 5s 65 71' 2%s 1975 First mortgage 3Vas 1984 First mortgage 4'/4S 1986— First mortgage 4s 1988 (Wise) 1st mortgage 2%s 1977 1st mortgage 4%s 1987m—...: 76 is 64'u 72'% (Mnmesuia 84% 07 "71 69 65 97% 78% April-Oct —Mar-Sept St Louis div second Louisville Gas & El 1st mtge 3Vis 1984 1st mortgage 4%s 1987- 94 88 Louisville & Nashville RR— 67 82% eo 92% 75 Vi 10 80?i *86 71% 80 . £7 83 3i 88 i _ 93 98% 86 Vi 92 3 —Aprll-Ocf 162% 90 97 Vi * 1976_June-Deo 1963 ser Lorlllard 126 VB "80 141 2007__Jan-July AGeneral nitge conv inc 4%s ser A 2022_.__May Harlem River & Port Chester— 1st mtge 4Vis scries A 1973. Jan-July N Y power & Light first mtge 2%s 1975__Mar-Sept N Y & Putnam first consol gtd 4s 1993__April-Ocl N Y Susquehanna & Western RR— Term 1st mtge 4s 1994 Jan-July 1st & cons m'tge 4s ser A 2004: Jan-July AGeneral mortgage 4%s series A 2()19___Jan-July N Y Telephone 2%s series D 1982 Jan-July Refunding mortgage 3 Vis series E 1978—Feb-Aug Refunding mortgage 3s series F 1031—1 Jan-July Refunding mortgage 3s seiies 11 1989 April-Oct Refunding mortgage 3%s series I 1996._April-Oct Refunding mortgage 4'.is series J 1991—May-Nov Ref mlg 4Vis series K 1993 Jan-July Niagara Mohawk Power Corp— General mortgage 2%s 1980. Jan-July General mortgage 2%s 1980 ..April-Ocf General mortgage 3%s 1983— April-Oct General mortgage 3%s 1983 Feb-Aug 4%s conv debentures 1972 Feb-Aug General mortgage 4%s 1987. Mar-Sept Norfolk Si Western Ry first.gold 4s 199G__April-Oct Northern Central general & ref 5s 1974 .Mar-Sept General Sz refunding 4 Vis ser A l974__Mar-A,ept Northern Natural Gas 3%s s f debs 1973^May-Not> 3Vis s f debentures 1973— May-Nov 3 Vis s t debentures 1974 May-Nou 4%s s f debentures 1976 May-Nop 4%s s i debentures 1977— May-Nop 4%s s f debentures 1978 May-Woo Northern Pacific Ry prior lien 4s 1997— Quar-Jan 4s registered 1997 Quar-Jan Gf'*"' 1 2047 Quar-Feb 3s registered 2047.: Quar-Feb Refunding & improve 4 Vis ser A 2047 Jan-July Coll trust 4s 1984.. Aprll-Ocf 79 14 77 61 71% 62% 90% 103 % ' 61% N 81 77 High 80 62% ^Feb-Aug 89 - . Low 81 *71% 1977__May-Arou 80 Vi 80% Jan-July unguaranteed 135 mtge 3%s 1st Term 76% -79 Apr-Oct Jan-July Jan-Julf Jan-Julf Jan-July City Term Ry 23/4S 90 113% 90 125 Mar-Sept Apr-Ocl 1979 debs ■ 87 City Power & Light 2%s 197fi June-Deo Kansas City Southern Ry 3'As ser C 1984.June-Deo Plain 245 87'., 87V, Kansas Kansas 96 90 32 , 18 * 1976—Mar-Sept Mar-Sept Jersey Central Power & Light 2%s Joy Manufacturing 3%s debs 1975 KLM Royal Dutch Airlines— conv 208 87% Mar-Sept Jan-July Jan-July April-Oot f debentures series A 1977 4%s 91% Pipe Line Co— s I-T-E 91 4 207 May-No? 3Vas Interstate 91? Jan. 1 No. Refunding & Impt 4%s series A 2013._.April-Oct Refunding & Impt 5s series C 2013 Aprll-Ocf 78'/8 77% 2 Jersey Orleans York Central RR Co— Consolidated 4s scries A 1998 "781 77 3« tt Barge Sltace Sold Hieh New 'New -85 77% Bonds Friday's or Bid & Asked 1988 Jan-July 4s 1986 Feb-Aug Power & Light 3s 1974 Mar-Sepl 895/s 89 ■"■89' Sale Price Jersey Eell Telephone 3Vis New Jersey Junction RR gtd first 78'/a 83':> Last Period 73 20 Week's Rang# Friday Interest J.ow High Low No. High *803 _Mar-Sepl mortgage 3.20s series I 1982 . BONDS New York Stock Exchange Jan. 1 Sold 74 Illinois Bell Telephone 1st mortgage 3 Vis series J 19811st mtge 4%s ser K 1987 1st mtge 4Vis series L 1989— ENDED Jl L\ JO Range Since Bonds Friday's Low Inland Steel Co 3Vie debs 1972 EXCHANGE BOND RECORD FOR WEEK RANGE Week's Rang* Friday 4 16 87 95% 93 104 ^ Volume 5863 Number 190 . .The Commercial and Financial Chronicle . (179) NEW YORK STOCK EXCHANGE BOND RECORD BONDS New l'urk Stock Philco , . com* Phillips suooru or 1984.—— -Petroleum 4'As 2%s debentures subord debs 1937 conv 108% Feb-Auz 1 Feb-Aug mortgage 5s Pittsb Coke & Chem scries A 1970- 5s series Electric Power Co 90 98% 97% 87% 92 f 8 91% 96 92 92% 13 93% 92% *99'L> v.,~ 99% — *85 •106*14 Mar-Sept 105% 107 93 93 Texas 92% 93% 3 91 89 11 89 107 110 163% 107 165 83 83 75 75 87'A 87% ' 5 82 % ■ - - •*— _ 75 87% 93 88 88 88 *86% 87% 98% 99 '4 Rheem Tobacco 3s debs 1973 Power 137% *— __Feb-A«y 16(55 71% 1 84. 92 98'A 104 91% 141 71% —— April-Oct Mfg Co 3%s debs 1975— Rhine-Westphalia Eire 138% 93 *85 .... Corp— 70% A 4 'As series B scries C 85 4%s 1973 debs 1983 Ahtraft Royal 5'As McBee 6'As Baguenay Power 3s scries A Bt Lawrence & 1st Adirond'k 226 mortgage ASceond 1st Bt Ry 4s series 4s series B 120 126% 194 85% 117 2 Bcott &z New 115 120% 30 114 30 90'"A 133 112 S. Bcovili 1st Air 7au-July 71% 71% 727 a 43 May Mar-Sept 80:!'i 79'A 81 34 71'A 72'A Ry— mtge 3%s Co— series B debentures Beagrani (Jos E) debentures 3s RR 3s f s > •86 % 70% 1977 95'A 95% *98 % 2'As debentures 4%s subord 5s *82 Bears Roebuck & Service Pipe Shamrock 5'As Shell & Feb-Aug _May-Nov ... Oil f s f s debs debs 1982 debentures 2'As 1982— debentures % 88% subord Socony-Vacmun Southern Bell debs Oil 2'As 1979 2%s 88'A 98'A 118 103'A 101'A 108'A 260 100% 105% 119% 20 84% 12 88'A 87% 106'A 119% 5 90'A 91'A 105 77 100'A 19 117% 77 81'A Telephone & Telegraph Co— debentures *77% ——Jan-July Feb-Auy 1987 79 71% —Jan-July ...- " • 77% 71% debentures Southern Indiana Southern Natural Gas Southern Pacific 1970-, *— 85 71 78% 76 75% . 134% 132 136 *65 —Jan-July 66 14 76* First 4'As Gold Gold 4'As Southern 4'As (Oregon Lines) 4'As Ban Fran Co. A ———Jan-July conv VJTJ.June-Deo J981_ __ ——— 1st mtge 3'As 125 'A 148 ser A 5s 66 'A 123'A ..... 141'A 96% Ry first consol Inc—• debs Internl OH of 74% 100% 108% 82 85 80 85% 87% — 87% 113% 127% — — 124% 64 81 5)8 % 95% 84% 98% a 9*7 95% 98 89 24 87 % 95% 77 1 5)6! 76 % 74 90% 96% 97 95 Y* 88 33 87'A 100 90 74 83'A 83% 1 78% 84% 84% 84" 2 84% 86 79 79 0 65 66 27 79 65% ' i 79 83% 65 99 98 73 'A 100 89 90 88 91 91 92',■> 92'•> 94% 94A'i 82%. 90% 34 90% 82 *82 93 88 89% 94 *88 93 88 99% 88 88% 97 % 'JGVa 98 U 95 102 96 96% 11 95% 100 97 12 96% 102% 81 % 82% 84'A 84% Fa 96'A *83 *84'A — A 93% Jan-July Jan-July 1947.— — 94% 93 206 — — 206 207 — : 98% 92 207 June-Dec 1951—June-Dec mtge ser C 4%s ctis 93% 1951 June-Dec -Jan-July 1968 5)3 5)3 94% *115 133% 90' 56 95 Corp 103% 116 125 103% 05!4 34 99 2%s ser E 1975- Mar-Sept Mar-Sept First and ref mtge 2%s ser II 1980 Mar-6'ept 1st mortgage & refund 3%s ser I 1981- _June-Dec 1st & ref M 3'As ser J 1982 -April-Oct Virginia '& Southwest first gtd 5s 2003— ._Jan-July Gen mtge 4'As 1983 -Mar-Sept Virginian Ry 3s series B 1995— -May-Nov First lien and ref mtge 3'As ser C 1973..April-Oct 110% 77% 77% 4 77 83% 74 77% 1_ lien & ref 4s ser F *73 77%. *79% ■ ■ 80 *88 .. 79 ■ *78% 97 !i, income subord 1983 — 84% 97 97 " *88 ■ — 72 72 2 —- 83% 72 *82 _Map-Nov debs 2008 85'% 79% , -1*-' 91% 91 % *5)0 ■ 99% 92 99% 114 -Feb-Awp 113 114 111% 36 117 Wiabash RR Co— 1981——-April *68'A 4'As series B Jan 1991—April 3'As series 13 1971——_Feb-Nov Warren RR first ref gtd gold 3'As 2000—Feb-Aup Washington Terminal 2r:ns series A 1970—Feb-Aug 72% Gen mtge 4s income series A Gen mtge First Jan income Westchester West Penn Power first income 'A 1934 debs conv 1975 Co & s 4'As debs 86'A 93% Winston-Salem S B 84 Wisconsin 4s I960—— 55 90'A •10 97 !4 83% S3 85% 59 45 55% 61% 59 57% 59 25 54 '/a 92 5)2 6 5)2 83% j. — ! 5 . 1 *78 95% 60% 5)2 2 101% 78 - 80 95 % 96% 82% 90 88 92% 80 5)5% 5)6 *80 " 99 88 r, 102% 102% Jan-July 98% .85 *83% 84 -- 106% ' • —— — 4 116% 82 Vh 88 88!', 88% 88! Feb-Anp —._Jan-July Jan-July 1978— first Central RR 5)3 58 .—May-Wou debs 1980 . 51% ; A 83% May Mar-Sept Mar-Sept —Mar-Sept — f 5)2 ' '94% Wheeling & Lake Eric RR 2%s A 1992 Wheeling Steel 3'As series C 1970— First mortgage 3'As series D 1967——Jan-July Whirlpool Corp 3'As 82 58 VH 3'As 3'As debentures 75 75 *80 4s Western Pacific RR Co 3'As ser A 1981 3 ' 92 1974-—_—.——May-Wou series I 1966 —Ja?i-July guaranteed 2361-——Jan-July 4s registered 2361—_Jan-July Western Maryland Ry 1st 4s ser A 1909—April-Oct 1st mortgage 3'As series C 1979— —-April-Oct 5'As debentures 1982-——Jan-July Penn Shore Wilson 73 '*53% ■ Lighting gen mtge 3'As 1967-Jan-July Electric West 68 68 80% 72% 82 mortgage 83'A — 81 89 __ 74 refund mtge gold 1st 1 7a?i-Jnly *65 65% 60! .'1 Jan-July " . April-Oct 96 2 102 1.01 % 9 1994 Jan-July Feb-Aug 101 ~ 108% *92 Jan-July April-Oct — ' — 99 71% May-Nov 4 88! 20 2 118 !•> 116 92'A 88% a -516 106 82% 4 81 82% 118% 83 97% 92 *5)2 95)% 100 99 1 99% Co— ■. 72 *— • 1984 -—.—June-Dec first gold 4'As 2013 California 4%s 1983 122% 124% April Jan-July *96% 97 3 it 97 7 it 420 97%. ___ 98 67 A 2004 64 Jan-July , (53 64 70 54'A 20 65 2029!——-May 68 ' June-Dec Wisconsin Public Sevicc 3'As 1971 Electric Light & Power 2%s Yonkcrs 98 96 100 -Jan-July 1976-Jan-JuIp 77 % *76 86 :. 6 86 77% 85 116 124% 92 not the 95 96'A Deferred a included 70 81 3 80 116 4. mtge 4s series Gen mtge 4'As inc series A Jan 1 Electric Power 2%s 1976 Wisconsin 75% 79 86 92 109 98 '■ 100% 71 % 99'/a 105% 100 96% *96'4 65% 101 'A ' 5s 68 90 2 96 101% 65 60% • subord conv ASpokane series Tl1 3%s 92% 95 % *83'A —Jan-July debentures 1983 Standard 87% 73% 1 ' 1st mtge coll tr 4'As 1988 Memphis div first gold 5s 1996 Southwestern Bel Tel 2%s debs 1985 Spiegel May-Nov ..M«y-Nov "lb—June-Dec morlgagc 2'As series E 1986 First mortgage 2%s series F 1996 First mortgage 2'As series G 1961 First mtge 5'As series II 1983 3'As 04 « — 90'A 95',4 1947 A sinking fund Rpvip1? 5s Pueific RR Co- First Bouthcrn *126'.A — 1977——Mar-Sept 1969— Term ; 1983- Westinghouse Electric Corp 2%s 1971 Co- Ry 2"As 1994 a cc 89% — 10 California Edison Co— convertible Works debs series West 104% 77 132 'A 84'A 91 104 77 112 419 109% 110% 104% Steel debs 104% 98 30 101% 91 June-Dec 2 73% 88% — 14 100%. 109% 82 % 77 5 Jan-July —__Map-Nov —April-Oct * Jan-July 1976 19G7 'la 1st 29 99 84'A Jan-July 1976 debentures 1979 2%s debentures 1985— 3'As 98% 118 84 Virginia Electric & Power Co^— Gs 98% 100 103% 104% Jan-July . — 3s Southern 88% 5 86 June-Dec 97 % 82 of America— 3'/bS conv subord debentures 1969_———June-Dec 4'As conv subord debs 1976—— Mar-Scpi — 101% April-Oct 92 — 104% April-Oct 1936 (50 *97% — April-Oct 1971- Oil conv 81'A 91 Corp— Corp 4;!its conv debs Skelly Oil 2'As debentures 1965 Smith-Corona Marchant— 5'As 99 99 Jan-July 1983— Feb-A?/<7 —_ 4%s 3.20s Gas subord conv Union Sinclair Co Line Oil 1977 1982_u_. 'A 79 — 88 99 90 • *90 1972 debs debentures 92% 92% 122 98 1978—-—— First and 117% 99 'A Bears, Roebuck Acceptance Corp— 4%s 95'A 101% 101 -- „Mar-.Sept 1966———Jane-Dec 1974 85'A 94 1 311 —June-Dee & Sons 91% 83 83'A 106% 109'/, debentures Vanadium ' May-Nov 122 i.—Mar-Sept ——Mar-Sepfc Rubber 2%s debentures Participating 78'A 78'/« V 1930 78% 37% *87% 91 §A3'As assented series A 1951— 77'A 86'A -J debentures §A3'As assented 82 81 ■ Jan-July 5 59 to*80'A 1977——, §A3'As assented series C 69'A 1(3 92 *82'A 95% 92 78 % OO Jan-July Feb-Aug May-Wou April-Oef April-Oct 1972 debs f 5A6'As 73 3/4 *79 108% 82 88% 88% 82% 5A6'As sinking fund mtge series A 1951-June-Deo 81 April-Oct SO % Corp— 76% • Line s §A6'As 80 Manufacturing 4%s debs 1982 Seaboard f United 90 70'A, 1st gtd 4s 1989—May-Wou debentures 1971Mar-Sept Paper 3s conv s 4s 120'A 86'A England 89 73% Jan-July mtge & coir trust 3'As 1972 & coll tr 3%s 1975 United States Steel ' V 84% 5)2 Feb-Aug _. . 71'A May-lVop 1989_Jan-July 81% 78% April-Oct 1966—April-Oct 3%s sinking fund debentures 1973— U. 157 80 112 —Mar-Nov 5 1977———A——Mar-Sept Corp 1st mtge & coll tr 4%s 1 First 4s bond certificates 1989^ Second 4s inc bond certiiicates Nov Bt Paul Union Depot 3%s B 1971 Bcioto Gas 2%s 1st mtge & coll tr 4'As 1978 1 2022 82 June-Dec 1976 America of 94 72% Jan 87% 87% 1975_Aprii-Oct —Map-Nov 1st mtge , 99'A 74% A Co 95 72% ser 93% 83 — May-Nov 1973 92'A 74% 1930 90 2 *80 88 1971—Map-Nov 1970 f debs s 92'A Mar-Sept 1997 5)2 wl ' —June-Dec debentures 2%s RR 1 117 112 90 5)1 85 — 1985—Jan-July 3%s 2%s debs 1 gold 5s 1990_Jan-Ja/y |pcome debs ser A Jan 2006 Louis-Southwestern 193'A 96 — California of 94 Co— A mtge inc 4'As mtge A5s 1st 194 193'A —_°_April-Ocf gold Gs 1999 Louis-San Francisco 1st June-Dec 1971 Second Bt ' ■ E ser coll tr 2%s 1980 3'As 1982 92% 85%, Jan-July 1977 3%s 2%s 1970mtge & coll tr 8%s 1971 1st 2%s 1977 debs conv 125% 98% Pacific— 94 Apn'Z-Oct debs conv M 92'a Mar-Sept 95 % " Missouri of debentures 3%s 87 4%s Rochester Gas & Electric Corp— General mortgage 3'As series J 1969 Rohr *96 Corp—subord conv Jan-July jan-July Ja?i-July, Co Biscuit 4%s 1978 Oil . — 1978 4'As Richfield — 86% ' 84 Orleans of New Tank Gar 4'As United .87% 194 : 8-4% 102 82 Refunding mortgage 2%s series C 1991-Mar-Sept 72% 226 bonds— series and refund Pacific Union United Feb-Aug adjustment 96 1190 "85 refund M 3'As series B 1970—April-Oct refund M 3%s series! C 1990—April-Oct first gold 5s 2000 June-Dec RR Oil Union . 5'As 96% Pacific mtge Union 101% "144% 84 S A Direct mtgo 7s 1950——L——May-Wop § A Direct mtge 9S 1352 Muy-Nov SAConsol mtge 9s 1953 Debt 30'A —- Jan-July ivnpt 2%s series D' 1985——April-Oct 1983—.—Map-Nov —Map-Nov 1st mtge & 1st 86% 65 92% Radio • 78'A 57 Louis— First mortgage and coll trust 2%s 3s debentures 1968 77% 10 ' Corp of America 3V•»s conv 1930 June-Dec Reading Co first ref 3'/hs series D 1995_May-Nov 24 *— impfc M 4s series'C 2019 Electric Union 89 10 ■ „ 98 % 80% 82 lot. 170% 107 *161 refunding mortgage 3'As 1933- April-Oct 3'/as debentures J975 ;..April-Oct 4%s debentures 1977— Mar-Sept Quaker Oats 2%s debentures 1994— Jan-July 98 97% 3%s 1974—-June-Dec Thompson Products 4%s debs 1982 Fcb-Ang Tidewater Oil Co 3'As 1986 April-Oct Tol & Ohio Cent ref and impfc 3%s i960—Jnne-Dec Tri-Continental Corp 2%s debs 1961 Mar-Sept 94 1 Term 97% 89 St of Pacific-Missouri Texas 98% 119 93% ' and & General 81 104% 10 and First and 81 210 93 % 107 80% -May-NoD 1973—— Assn & New Orleans RR— First 89% 79 —May-Nov 99% *96 Texas Company (The) 3%s debs Texas Corp 3s debent ures 19G5- 100 81 81 RR Refund and 95% 87'A *— Jan-July and J) debentures Terminal 72% 93 . 92% 92 % 103 5)8% 80% Surface Transit Inc 1st mtge 6s 1971——May-Wou Co. 2%s debentures 1972.—.— Jan-July Refund 69% — High 73 lylar-Sept debs 1973—_ Jau. 1 Low 110'4 Jan-July 1982 4'As Range Since No. 79% 98% Jan-July 1974 (Ohio) 108 Swift & Texas refundingmortgage 2;«s 1979-June-Dec debentures 1972 ■ i-June-Dec (R Co Bonds Sold High 94 .88 8 21 __ *93% *92 First and Reynolds Oil Stauffer Chemical 3%s 97% 92 'a- *69% and 1st 97% • and 3%s debentures 2%s May-Won refunding mortgage 3'As 19G8_Jan-July refunding mortgage 5s 2037 Jan-July First and refunding mortgage «s 2037—J«Jte-Dec First and refunding mortgage 3s 1972—May-Nov First First 76 4 — 5)0 April-Oct 3%s conv debs 1973 A i Procter &, Gamble 3%s debs 1931 Public Service Electric & Gas Co— 3s debentures 1993 2%s 110% Oil Standard 91 76 92 —— 1933 OG Rang# Friday's Low 120% 89% 9798% DO Fcb-Axig Mar-Sept 3s or Bid & Asked Oil Corp 2%s debentures 1966——J&n-July Superior Oil Co 8%s debs 1981———.——Jan-July *97% June-Dec Plantation Pipe Line 2%s 1970 3'/as s i debentures 1939 Potomac 93 — Sale Price (Indianh) 3%s conv 1982—April-Oct —April-Oct 4'As debentures 1983——. Standard Oil (N J) debentures 2%s 1971—May-Nov 114 105% - Week's Last Period Exchange High 103'A 20 326 •> Tnterest BONDS New York Stock *■97 A3 — 98% -April-Oct April-Oct 1862™. 10 Sunray 1st 11 192 89 • *72% mtge 3',-as 1904 May -Nov Pittsburgh Consolidation Coal 3 las 19G5—Jan-July Pittsburgh Plate Glass 3s debs 1997 April-Oct Pittsburgh Youngslown & Aslitabula Ry— geu Low * : __ RR— mortgage 5s.series B 1975 mortgage 3%s series E 1975 JULY Jan. 1 No. 937a 110% 113 *88 ■ l5)G4_Maz/-NoV General General High 93 110% Consolidated guaranteed 4s ser II 19G0 Feb-Aug Consolidated guaranteed 4%s ser 1 1903_Fob-Au// Consolidated guaranteed 4%s ser J General ENDED Range Since Sold 108',4 112'A 93% Pillsbury Mills Inc. 3%s s f debs 1972 June-Dec Pittsburgh Bessemer & Lake Erie 2%s 1999 June-Dec Pittsburgh Cincinnati Chic & St Louis Ry— Pittsburgh Cine Chicago & St Louis Bond# Standard -Apr-Oct 1964 W EEK Friday Friday's Bid & Asked Low cicbs FOR Week's Rang# Last Sale Price Period Corporation— 4%s 1st RANGE Friday a Interest Exchange 103 'A In included delivery sale not included In the year's range, d Ex-Interest, the year's range, n Under-the-rule sale not Included in the year's in the year's range, y Ex-coupon. e Odd-lot range, sale not rcasn Ban §Negotiability impaired by maturity. ^Companies reported as being in bankruptcy, receivership, or reorganized under Section ui Bankruptcy Act, or securities assumed by such companies. ■ •Friday's bid and ask prices; no sales being transacted during current week. ABonds selling flat. " : —v f AMERICAN STOCK EXCHANGE WEEKLY AND YEARLY RECORD In the following extensive list we furnish a complete report of the transactions on the American Stock Exchange for the week beginning Monday, July 6 and ending Friday, July 10. It is compiled'from the report of the American Stock Exchange itself and is intended to include every security whether stock or bond in which any dealings have occurred during the current year. , RANGE Friday STOCKS American Stock Last Exchange Sale Price Par Aberdeen Petroleum Acme Acme Adam Precision Wire Corp class A—_1 Products Inc l Co Industries Inc Aerojet-General Corp Supply For see page Low 4 % Jan 5'A Mar Agnew 9% 6,900 5% Jan 9% July Ajax 1,400 17% Jan 22% July 7 'A May 8% Jan 72 66% 72% 18,400 53% Feb 1 10 'A 10% 10% 3,000 9% Jan 13%" Mar 5% 5% 5% 4,800 4% Mar 9'A Mar 93 May Surpass Shoe Stores Petroleums Ltd Alabama Great Southern Alabama Power 4.20C5> Alan Wood 57o Alaska Steel Co cumulative Airlines preferred. common preferred Inc Low • <3, 13 50c 50 100 10 100 1 for Week of Prices Sale Price Par 1.200 Sales Range Last High 5% _ Week's Friday American Stock Exchange 1 35. 10 • Range Since Jan. 1 l Manufacturing footnotes 8% , JULY STOCKS Shares High 2122% 1 Aeronca Manufacturing Corp Aero 8% 4% / Sales WEEK ENDED for Week Range of Prices Low 5% 10 Consol Week's FOR 1 ti' 142% 34'A ■ 7% 18% % 87 34'A 36 84'A 86 0% Range Since Jan. 1 7% High Low High 142% 143 80% 87 __ 18% % Shares 100 13% Jan 6,400 % Jan 30 100 3,700 300 3,200 131 ■ Jan 85''4 May 23% Jan '78 Jan G% July 19 1% Jun Jan 1447a May 91 % Apr 36 July .86 July 87s Apr 31 Financial Chronicle The Commercial and EXCHANGE AMERICAN STOCK Radge Sale Price American Stock Exchanf • Par for Week of Prices Last STOCKS Shares Low High Low Allied Control Co Inc_ Allied Paper Alsco Inc Aluminum , 4734 __1 lOe 47 47% 300 17 16% 17% 6,300 10% 9-TH 9% 10 —I I 4% 5 3,400 47/e 4% 5 3,300 .i« 1074 1074 10 74 —. _l ■ I 4975 49% 54 12 12 13 8,100 3^?ef 8% Feb 6.400 11% i 14 74 14% 15-% 100 78'a 78 % 79% 700 6 Va 7% 3,100 , Co of America— American Book Corp 7 i — 20 American Electronics American Laundry Machine- -20 American Manufacturing 46' Meter American Natural Gas American Petroflna American Co class American 16s (i 12,100 11 4074 2,000 33 Jan 40 38/4 Jan 45 xan of American class A Co Anacon Lead Anchor Post Mines 38,, 44 48% 17% 19 % 38,600 4% 4% 4% 32 % 250 3%. 3,400 32 .§ 3 %' 374 20o % 21% 8% 31,000 1,600 ,JMan° 14,2 Jan 1,200 83a May 22 shares '6 A 4,100 7% 774 2.40 6% a 400 5%Jan x24 75 x23% 261!! 51,200 90 '/a 90% 92 74 360 a1111 f Louisiana Gas Arkansas Power As 4.72% Co preferred- Armour & Co Armstrong 7,700 Convertible Electric 91 1574 177 ii 13.800 11 1 A 82 V- 3174 32 % 11,000 l " 9 10 74 1174 2274 1 -7 40o 7,600 23% 1074 2374 32,600 12 74 8% ;_4 2.50 2,000 _ ' 1% 21,600 Associated Laundries Associated Oil of America 2 I la Co 2,100 3% 3% 3% 1 74 2% 12% 70,000 2 01 07/ 7. 1 Class A participating .• Atlantic Coast Atlantica del Line 2% 2% 2% • 61 Va 59% Bp 2% 2% 10 peaoa 12% 12% Golfo .Sugar . 95' 4,500 3 T' r,'/n 0/8 Mnv Atlas plywood Audio Devices 1 Corp_. Inc lOo Automatic Steel Products Inc Non-voting Avien Inc Ayshire class A 20 Corp 3 21,800 15% 19% , •o 21% 7% V'a 100 Ff.8 ofiiA oiA Tm 1,800 4 15% mi/. 3,100 7 Tun Anr VA Mar Tin Mar 5 13' 12% 14% 8,700 io.v i.fiv 14% 48 '/a 48 % 50 7,900 35 Jin Jan 50% May iniv Cuban . Corby A de los American Banff OH 16 Jan 3 Va Jan 4% Apr 30 3 Jan 1A Jun 4% common Jun 2,850 22 22 24% «/;■, 4 374 4 Corp Jun 1 t 7 Tr J50« 1/a . 5,300 1% 1/4 Light As Power Ltd 7 9% 8,100 2174 2074 22 Va 2,700 13% 2A Jan' 5 Jan 9% May 26 Mar 24% Mar 2% Jan 10% Jan Feb 22% 22 011 2,100 17% Jan 974 6% Beck class Belock of Benrus Watch Jan * 1174 1074 12 12,900 1,200 Va Jan ll'/a Jan 1 13 1274 13 45 44% 45 % 18% 15% 1874 Inc 17,600 i Bobbie Brooks Inc _• . 974 1974 Bohack (H C) Co common 5%% Borne prior cumulative Chemical Bourjois Brad Foote Brazilian Breeze preferred-100 Inc Brlllo Traction Light As Pwr 15% 98 2174 6.800 38 7 » 900 274 274 1,000 574 23,000 • —1 574 574 774 7 • Petroleums Co Ltd British American Oil 3174 1 : 2/it 274 • . Co 40 74 . 38% dep rets ord bearer Amer dep British rets ord reg___ Columbia Amer Brown dep rets S Mills £1 reg F 1 B—. V'a 60c convertible 38 74 39 774 9% II 9 50c common preferred 7 7 i, 1,000 7 7 ii Jun 100 Feb 27 May 1o,7 3% ni?\urpr JI 'a tJZ Ft r. 1,200 on-T 3G'?8 f r f o Jun 46 i V4 J'" r Feb t ? t Jan 1 Buffalo-Eclipse Corp (The) 7 68,900 n\r *r f 7/4 Mar 200 R! Mir 37 'Fell „¥ t 81ff Jan • - 41 /a Jan 13 7ii 39 13,000 1,500 774 7% 3,400 9% 10% 3,800 15% 19% 10,900 9% 1,300 Company—50 OI/ Jan 2 Mar 7% * Jun 29 onV. 39% 7V^ Jun 8% ir... Feb io% Ma1' ' 3% May 14% Jun 7% , 8 /4 Jan bi.v May | 4% Jun 21 Jan 12% Feb Jan 7% 7% 400 9% 1,500 8% Jan 9% 2% 374 3,300 2% Jan 4Va Mar 10 1 Hill 40 75 9 7% 10 Buell Die & Machine Co Bunker • 9 preferred 3 14% 10% 15% 1,100 10% 10% 2,100 8% Jan 14% July. "• '.■■10% Apr l23/4 Jan Apr Jun ,17%. Feb 13% Jun Jan Burma Mines Ltd— American Burroughs dep rets ord shares__3s 6d (J P) & Son Inc Burry Biscuit Corp 6,400 I*«» 1 374 3% 200 8% —I2yac V'a 8 7 ii 1.400 3 % Jan 2% % Feb Jan 4% Mar 6% Jan 10% Mar California Aviation Electric Power common 26% 26 % 27% ioc Inc 3,100 4 74 3% 4% 55,000 1 20'a 19% 20% 7.400 $3.00 preferred preferred so 6% cumulative preferred 1 49 % 100 16 374 700 37% 5 Insurance . Campbell Chlbougamau Mines Ltd 1 Canada 312 3774 913 J 100 • Bread Canada Cement 6%% Canada Ltd Co Co Ltd preference Southern Canadian Dredge common Canadian Homestead Oils For footnotes see %V, 7/k 8 17,600 Ltd Ltd Co Ltd page 35. vtc_1 34% — 35 300 5% Mar Feb 19. Jun 48 Apr Apr 52 Jan 60% Mar 374 Apr 36% Feb 4% Jan 23% Jan 61% Jan - 38 Jan Jan .1074 Mar Feb 9 33 Feb 38 Jun 5 Mar 43a 4% 412 28,700 1 1 1 iG a 1% 9,300 ivfar 28% Jan 3 1 A July .'5% May • • 33% Apr l'Jg Jan 6974 Jun 35 Mar 23 1.100 1474 Jan 23 July 283 29 325 267a Feb 29% May 10 107 700 50 7 1 8.400 700 1.150 132 397, 600 1% 11% Mar 32 Apr Feb TO Apr 674 Jan 8% Mar 1/4 Jun lit Jari 16% Jan 117/t 108 Jan May .39% July 1% July Apr V'a 3.800 47« July 0% Mar 43% 15.500 247a Jaii 317% Mar 4 •« 47,i 5.7 a 20.600 2% Jan 26'.i 26 % 3.500 193/a 774 1« \ -^1 7 V'a 5 47,| •>' 27 Feb 7 Jan 29% Mar Jan 10% May 574 Jan 10% 97a Jan 12% Apr % Jun 4 8% 8 7 ii 13,400 650 7 8% 8r,ii Apr 9 274 Jan 4% Mar 5% Jan 11 10 10 3,000 14.800 4% 374 Apr 674 Mar 5% 1,300 174 5% 5% 50.400 1% Jan 21,200 12% Feb 17 -Mar 400 24'% Jun 40 Jan 174 178 15% 15% 161 4 * 27% 25 2774 1 20% 19% 20% 2,300 -10 24% 24 24% 900 —1 50c 8% 8% 9: 574 574 574 (4 1% Mar Jan 24% Apr Jun 25% Apr 18 2274 2.600 8 Feb 1974 Jan 600 5 May 6% Jan Name chgd to 10 174 174 ; 674 % 7,100 2174 A ■ 3.500 8% Jan 5% Jun 88,700 574 2074 174 574 2174 774 Apr 8% Mar 23% 1974 Mar Apr .0*4 Mar 775 7% 774 .300 4%' 474 47a 17.400 274 Jan 9 9 974 30,500 774 Jan 10V4 Mar 15 1574 2,800 Jun 22% Mar Jaii 8% Mar 15 74 ' 8 *' 74 8 8 700 July 15 674 Mar 7 S-% Jan* 674 3,000 1 1 174 3.200 U Jan 31 31 31% 200 26% Jan 22 14-% 1374 1574 17,900 12 75 Jun .25% July * —• 1974 19%. 200 19% 17 Va 177a 500 14 14 100 13% 1974 1974 200 19 874 2,900 1 1 • 1.50 —* %c 2.50 4 674 674 — 8 8 674 July 1% Jan 2iy4 Feb 1874 Jan 20% Apr Feb 18% May 1674 Mar Jun 1074 May Jan ,7, 374 574 600 474 28,400 274 15,600 46% Jun 20% 19 2074 99.900 13% Jan 8% 400 5% July Jan 50% • Apr 3% 4874 5 874 87a 1274 1274 12% <900 45 74 45% 4574 150 374 374 374 1,700 ' " . — — y 42 3% Mar 35% 12 74 Feb 15% 3874 Jun 26 Feb 374 May 5 Jan 150 1774 5.000 174 19% Jan 274 Apr 174 Jan Jun 550 _ 74 74 :l(tr 74 23,300 "974 — D ~974 200 % Jun 7 12 Jan 9 Feb 6.000 5 74 7% 15,400 13% 13% 600 67u 6 % 67 a 10,400 574 •3% May Jan 500 3la Jun _10c 35 3574 35 3571 160 33% 12 1174 12 Va 3,300 13-,'a 13% —— Day. Mines Inc Dayton Rubber Co class A D. C. Transit System Inc— A common 20c — Dejay Stores Dennison Mfg class A _! 50c common——-5 —100 1 debentures—— Desilu Productions Inc 8% Detroit Gasket & Manufacturing——1 Steel Fdrs Inc_—1 Detroit Gray Iron & Development Corp of America— 1 $1.25 preferred Oils Devon-Palmer Co 25o Ltd 4 4 4 3% 35% 8% Mar May - *674 11'% May 3% 3% 200 1.000 29 40 , 42,800 147ii 147a 15% 3,500 9% 28% 147 .3% 3% 1,100 274 Jan 21% 5,100 1 1/, 1 ,4 17.000 1V4 21% 500 1674 Jan 100 174 Jan 20% IA 18 1.9, ■l Id Feb ls % Jun 474 Feb 21% July 1774 May 1% Jun Feb Ltd— dep rets ord reg (par value changed to 10s on a sh for sh basis) Amer Stores Corp.J -,-lc Diversified Specialty Stores—-—--}? Dome Petroleum Ltd —2% Diversey Dominion Bridge Co Ltd- -— Dominion Steel & Coal ord stock——* Dominion Tar & Chemical Co Ltd— Dominion Textile Co I/td — Dorr-Oliver Inc common——7.50 preferred — —32.50 Dorsey (The) Corp — ——1 Douglas Oil Company——————I -Dow Brewery Ltd — * Draper Corp : * 374 21 21 2 ... 2 2 9% 10 6.200 107,, 600 Drilling & Exploration Co Driver Harris Co—— New common Co (Allen new B) !—1 10 —-—— — 5 common—^„__^._10 274 ! 24% 3 1374 Jun 2174 May 26 19 74 23% —— ,r,; —-1 —1 * —1 —* Co—— Durham Hosiery class B common. Duro Test Corp —! Duval Sulphur & Potash Co Dynamics Corp of America—! %—1 Feb Feb Feb Jan Mar 25 217,, 20 21% 1,200 197« 19 Va 2074 5.000 15 Jan 20% July 200 10 Jan 12 74 Mar % 11% ll3a 11 11% 113a 12 3,300 9% 10% 2,100 9V IV* 734 8,600 6 11% 3474 10 T3 a • 46 46 33% 28% 33% 50 48,100 8.500 12% 12% 13 32% 32' 33 46 45% 46% 2.050 874 A 3 A 1.900 614 534 6% 4,300 2 " 200 15% Jun 774 Apr 46 Jan 3374 9 % Mar 15 74 73. July 60 77n 3 Apr Apr 19 Apr Jan 9% May Jan Jun Feb Jun July 75 July 374 Jan July 53 7S Jan 44 Apr 38% 4074 32 7a Jan 19 Jan July Apr 18.100 3% 2 May Laboratories— Dunlop Rubber Co Ltd— American dep rets ord reg_^__—10s (The) 974 Apr 24% $2 Power Jun 2974 Mai¬ Jan 37« Jun 4% Mar Jan Jan ' May 15 Va July 187/!. reb 13% 138 20% 4/ff Jan 37 Jan 1674 Apr 7Vc May May 11 36 % 141 141 141 4 Jan Apr 9% Mar Jun 13 14% G 7ii 13% Jun jo Jun 29 Jan 12%, May 774 May- 1874 42 Jun 974 174 40 Jan 20% May 774 Mar 18 74 ' 1% Apr 20 Jun 474 49 3 Vii Apr Jun 14% Crystal Dairies-(new com)—50c Stores Corp common— 2.50 5% preferred 20 Davidson Brothers Inc 1 Duraloy Jan 140 Jan 33 Va 387« • 47 49;:, —10c Oils vtc———10c Petrol Corp. Fob Jan 26,200 1 V'. 700 157 a 14% 128 39- 1 1 — 1% ' ]4% 129 --4 — 17o 1%, 71 7' 9% 2374 —5 .10 — 67 49 10% 2 10 2.50 Cuban Tobacco Co Cuban-Venezuelan Oil vtc Curtis Lighting Inc„* Curtis Manufacturing Co class A Distillers Mar 77 Creole Petroleum 5 Crowell-Colllei Publishing Co———1 Crowley Mllner & Co! -1 Crown Central Petroleum (Md) 5 Crown Cork Internat'l "A" partic—* Crown Drug Co common25c Crystal Oil & Land Co common • $1.12 preferred ! 2.50 Cuban American Oil Co__ 50c Class Jun Apr 67 . Equipment Co——* May 7% — • 10c Jan b 20 . Petroleums & Dock _• 2% 36% Jun 55% 4974 - 50 palvan Consol Oil As Gas Co Camden Fire 2574 58 50 $2.50 73% May 8 74 8 Common . Eastern Jan 9 20 67 receipts (ord reg)—*1 Carrier Industries Inc. -50c Crane DuMont Calif 0% Mar Corroon & Reynolds common— $1 preferred class A Co" Beverage Corp— Courtaulds Ltd— % Duke Calgary dc Edmonton Corp Ltd 24 Jun Davega Jan <> 9.000 874 19% Jan 27a Daitcli ?o /a Jia,n 12,000 • 1 Buckeye (The) Corp Budget Finance Plan serial 6% 1374 1 - class Company-! 6% Glii 1374 10 Co__ Ltd 774 3974 1 ord Distillers——— Rubber Bruck 774 • 147« 16,900 Inc 12% jun 19 ,u July 43. a Feb Apr Apr Ltd— preferred Brown B Co Company Brown Forman 4% £i Power British Petroleum 7% £1 15.500 ~3% voting non-voting A B l3V4Mar British American Tobacco— Amer 2274 3% Mining- 24% Apr Ei/ 600 2 9 Jan ini/4 yD 250 40% Jan 3la JT1U1 3,900 42% 4174 1 new VA 31% 16% 13% 4578 22% Jan July Mar Jun May Mar 20%*May 96 3,400 14% ord Co 35% 180 99 22% 14% ' Manufacturing Britalta 2,700 20o Corp Gas 6% 21 1.50 new . Gear Works Inc. Bridgeport 5,000 197), 18% 4 18% Mar 4% Jtin 10 9 1 Co In j 5% 100 3774 9774 3874 10% 300 6Va Apr 41% Mar 4,000 8 20 674 1 As Co 774 20 •; 3 , (S) 774 1 - 0 3,500 50o Blauner's Blumenthal 3% 25 , Corp Co Inc 5,600 ' Jun 4 - Canada Instrument Bickford's 1% 8V4 Shoe Corp (A Si 20,400 334 A. Inc Telephone 174 3% common. convertible Beau-Brummel Ties Bell "l% 174 gOo Bayvlew Oil Corp Bearings 8 Mar 12 Apr Barker Brothers Corp Barry Controls Inc class B. Basic Incorporated— 2074 3% American dep Andes— shares Ltd1—. Barcelona 1,600 6,300 11% Jan 42% Jun 26% July 39% 7% 13,500 87 1 Inc Baldwin Securities Banco Feb 9% 38 1 Baldwin Rubber 15' 8 1 , 21% 1 Distillery Ltd— (II) Class Bailey As Selburn Oil & GasIndustries ——_—1 Cooper-Jarrott Inc.— Coro Class 11% Ltd-— Co Class B Baker Jan Consolidated Sun Ray Inc——— 1 Continental Air Lines Inc— 1.25 Continental Aviation & Engineering—1 Continental Commercial Corp— Continental Industries Inc——10c Continental Materials Corp——10c Cook Paint & Varnish Co 20 Tan Mnv 91', ' Tnn 14,300 4% 774 1 —___10c Collieries 15 t com preferred non-cum 15% Jan Mar on Tuk- ion, 10,200 3% 3. 3 Vu . 13% 67a Consolidated Royalty Oil Atlas Consolidated Mining Ac Development Corp Atlas Corp option warrants 7,800 Consol Developmt Corp (effee July 6) Consolidated Development Corp..—20c Consol Diesel Electric Corp 10c Consolidated Mining & Smelt Ltd—_• Tin Anr mL Fa . 8% 574 ' —1 VtC ext to 1965 Connelly Containers Inc Tun 11A Ton t-i 1,600 8% Public Service compo Shoe Machinery-- Tun mnv, Anr 15/ 2,000 61% Co mo 40 103% 104 103'a 100 Atlantic Coast Indus Inc 1 Colonial Sand & Stone Co Cons Associated Tel & Tel— 2374'Apr Vit'iComninhUy l IgS if? oil Colon A.xr fn ii Jan Co_ Coastal Caribbean 774 Mar Jan Jan / Cockshutt Farm <> T oil4 i/2 Stationers Supply Co 13 ,2 Maj J w1u Vlr Feb ViS t 3,300 10% 'a 12% i6 J fiff ' rvi, no Inc.. Gas July £1 reg Stores •>'? £ei). ,4 Mar li" 6 Jan 57a Clary Corporation —-1 Claussner Hosiery Co———>——10 Clayton & Lambert Manufacturing—4 Clopay Corporation— —-—.1 Club Aluminum Products Co.——1t - ecb U 4.000 47a Clarostat Manufacturing Co— w'rif 21 Jan a 1 74 174 TUn 4 Feb ^ Mar v., 17V4 Corp—— Controlier c]ark 2l,, Jf'1 Industries— dep rets & 41/8 Jan 68v* May . 7r 50 91 1774 preferred— Associated Food Apr 46% Jan • Apr 108Va 500 Inc- Inc Cinerama Feb G574 Jun 101 700 common- Chromalloy Corp.—, J9-/4 Mar Jun 31% 7,600 66% —100 Aro Equipment Corp— Asamera Oil Corp Ltd- Associated 33 3j 62% 4 .89- Oil Christiana ny8 Feb 10 3.200 Corp Consolidated chief Jan 800 1,300 7% Chicago Rivet & Machine »n-i" Light— Arnold Altex Aluminum Co__ American 32% 63 75 warrants Rubber class Associated 3274 • Arkansas Fuel Oil Corp Arkansas 6" % 6 9% 54% 10% 5% America Chescbrough-Pond's J/4 Apr 8 Mar Jan 1 Film 72 74 Mar 21% Charter Qif Co Ltd— Cherry-Burrell i en live '73% July Jun 60% 5% 10 Inc of Apr 6% preference— Chamberlin. Co nI/ Corp 20c Appalachian Power Co 4%% pfd___100 & Apr . Feb 10% Co— Power Investors Convertible ol J 'iff -2/b Jun , Angostura-Wupperman Anken Chemical i j % 21% 8Tu : Jun 3,4 Century Apr May 2074 Century Electric Co., Mar 37 Feb 31 mi? r h 274 Apr 10% 7 3.50% preferred 100 Central Power & Light 4% pfd—100 Central Securities Corp common —1 $1.50 conv preferred————• Ton ooTvri'w . 8 7 it % 2 4.75 Ltd"—.—, 52 tPr Jan Maine 16 21% Corp Iladley Central }i":f 1,300 10% Central 1 117i, Mar 11,700 13% 74 • 10 America of Corp 8% Mar Jun lie 58% • CaSlle 'A M> & C0 Catalin Jaii 78 1,600 101% 101% 1 Cerico Instruments Corp. May Ta Ji'■ 12,600 1874 ln,/4wJo^ ,a May ;hjn - 8"-» 8,700 , 47 % 1 Products—. /a 31 9' • . Anglo Amer Exploration Ltd Anglo-Lautaro Nitrate Corp— "A" 500 404 8% 9 2 5 - Oil 43% I Thread Jan 15% 10% 58'« Carter (J W) Co Casco 'Products Corp » 500 174 ' Hi 2s 6d ord B rets dep American 7874 July Jun 5 27-% 1 12 74 5 1 $5 pfd- Power Ltd— Oarreras Pph ar 40 pfd_25 A Carolina Co 10,600 13% 13% 13 5.50 Kennedy Inc— % - & Baxter c& 7% 127a 30,700 174 1 Canal-Randolph Corp Capital City Products Carnation fni/ Tun f?'4Mov 51 May 15 7, • 6% Co Inc Photocopy Equip Co Seal-Kap Corp of Del 5%preferred Writing Paper American Amurex 1 Co. _ 40 -25 Inc ' ffvS Is/ 'i J5? V 43% Jun 525 48 45 2 ^ Range Since Jan. i Low High 215.8C0 1874 674 .. Shares ' 13% 6c Minerals Williston Canadian 14'/a May 17% Mar Jan __ Co American Jan 1.700 • , 5% Mar 5% Mar 11% May Tan Jan / 3% 8% 700 10% 18 > , Monday. July 13, 1959 * j & Oils Ltd 1 Canadian Petxoiina Ltd partic pfd„10 Tniv Ju > 7 74 1 ■ High 14 17% ■* - . for Week of Prices Low 2 Canadian Javelin Ltd Canadian Marconi Can Northwest Mines Tor ?«!' ins 10-.-4 Vf i f 63b Feb 92,000 4 Va %o . A-{2 6,100 9% Corp $3.75 preferred American Beverage „ . Sales Range Last Sale Price . , Alfemene Kungtzljcie N V— Amer dep rcte Amer shares Algcm-Uranlum Mines LtdAll American Engineering Co Alleghany Corp warrants—. Allegheny Airlines Inc Allied Artists Pictures Corp 5%% convertible preferred J.",r Q c K s Amertan S.ock Exchange " 1 Range Since Jan, High Week's Friday WEEK ENDED JV1X RANGE FOR Sales Week's Friday . May ' 900 May 374 Jan 8 674 Jan 8 TV Feb Jan 32% Mar 23 2414 30 91 25 V4 30 313 a 1.490 2574 Jan 39 74 Mar 1074 19.200 474 Jan 12% Apr 40% Jun 9% „ ^ ——25 1 $7 preferred series A_—— —* $6 preferred series B-—— -* Edo Corporation class A-: 1 Elder Mines Limited — 1 Eastern Malleable Eastern States Corp common—. 13 % 1% 47 387» 4074 13% 1 h 15:% 1{;5 200 7.000 6,200 36.100 51 Feb 4174 Feb Jan 18974 Feb 160 407u Jan 175 47 Iron Jan 177 39 74 1274 13 Jun Jar* Feb 1874 Mar 274 Jun . Volume Number 5863 190 . . The Commercial and Financial Chronicle . (181) AMERICAN STOCK EXCHANGE Friday STOCKS Week's Last American Stock Exchange Bond & Share Shares Low 33-?« 18 17?a 18 40% 40 Va 40 J4 $2 converlibe 11741.. 5c 34 U „ 11Vh 174 _20a 29 'A — —, 33 a 13,200 32 3.100 Jan 28% Feb Apr Industrial Plywood May Insurance Co 44% Jan 16% Alar International 1 Jan 1,500 19 Jan 2% Mar 33% May International pfd——100 97 Va 96;,4 9712 —1 10c xlO3., 10 V« 10 T, 9,100 4«i» 4:,t 30,500 3% Jan 40% Jan 60% Mar 63it July 9% Mar preferred———; 1 46 96% 47)2 1 1,000 6% .6% 7 In 17,200 10% 10:,a 10"! 4 2,200 12% 10 Vi 12 7 it 16,600 9 7Va 7'/a 400 7 __1 „i — $1 25c or Eureka Pipe Line 171 17 19 Investors Royalty.—— Fireman T,»ly 13 Jun 127u July 11% Alar Israel-American Jan 14y2 % Jan Iron rite Mar 14% 32 1,300 29 33% 35% 5,800 32 74 17s,, 17% 19% 3,200 10% Feb 18% 20% 35,200 974 9% 2% 400 2% 2 74 700 < 12% Jan 2074 2374 19%, 1% l7a Apr 4574 Jan 4 474 474 ■ 574 Jan 22% Apr 8% Jun 12% Apr 274 Jun 14% Jan 574 3,000 23% 13,000 Jan 574 14 3% Mar 82 "Apr 21774 May Jun 10c Feb 7 Mar 2474 May Jan 374 Mar 37/a Jan 5% Apr 15% Jan 1 4,600 Jan Feb 24 7 1.500 74 Feb 34% Jun 2,900 2 1 22 1674 Mar 78 2174" 574 1 Corp;— Class A Jan 25 Inc Oil 14% l Irving Air Chute Jun 147 74 Mar 18%. —1 High 9% Mar Jun 117 pfd—100 Alanufacturing % as 60 ; 3,100 Jan 31% _33%c Iowa Public Services Co 3.90% Iron 3% 35% 10c Intex Jan Jan. 1 Low 1,600 32 • 5 International Resistance Co Oil Company Feb 11% Range Since High 14% —1 — Ltd —— Shares 6% 774 133:% 138% 134 1' Petroleum Co Products IP3- 12,100 io 104 July 9% May 10 Erie Forge & Steel Corp common 6% cum 1st pre£erred__>—1 Ero Manufacturing Co Esquire Inc Eureka Corporation Ltd 46'a 80 Holdings International 6 % Mar 474. Ltd 4,100 15,500 67b 5 for Week of Prices Low 25o America-— Inc l:ia 9VZ Inc— International Breweries Apr llTu Va Co North of Sales Range Sale Trice Par- 38 21 v Week's Last Exchange High Jun 14% 600 30 5 it 1'/« 29 Friday STOCKS American Stock Range Since Jan. 1. High 5 _ JULY 10 for Week Low Electrographic Corp. ——1—-1 Electronic Communications Inc———1 Electronics Corp of America™. .—1 EI-Tronics Inc Emery Air Freight Corp Empire District Electric 5Vo Empire Milhvork Corp Equity Corp common—— FOR WEEK ENDED RANGE Itange of Prices Sale Price Par Electric Sales 174 F Jeannette Factor (Max) & Co class A Fairchild Camera & Instrument Fajardo Eastern __1 Common shs of beneficial int $2 preferred PeLrftleum Filmways line Ltd A Class B (The) (Geo A) Fuller Jan 500 j 18% 30 % May 1 18,000 5:,,i 17.000 4 6 6'4 8.000 6 6 6:iu 6,300 !i! Jun 6 Jan Feb July 9% 12 14,200 9% Jan 18,900 8% Jan 13 14 1,100 111,4 Jan 14 i6>«; 16 July 17'., 8.800 11% Jan 20 Apr 185 """• 185 189 100 111% 114!/2 — 200% Jan 201 9 hi 1,25 Company 43« I5 : 9!'. « 17» 1 Co 93 2 4112 4' 43H 41 Va 1 44 7 6If; Jan 1% Jan 3 2,700 4% Jun 1.100 34% Jan » 5% Jan Jan 5% Power Co Gellman common ~ Co American dep General . —.1 rets ord rcg_. Plywood Corp Stores General Corporation preferred Gilbert (A C) Co GilelirisS Co ^ Glen more- Distilleries, class' B— Globe Union Co Inc GobeL (Adolf) Goldfield Corp el Consolidated —4 Feb 6% Apr 8% Jan 700 100 11% 9 % May 13% Apr Jan 15 % 321 12,000 34 9% 3 1%, 11% Mar 1 May 18% Apr 29% Jun 1% 1 B & Hall American 10c Co Harbor Plywood Corp. Harmon-Kardon Inc Stores 1 7,000 1% 35% Jun Jan 56% Apr 5 Jan 8% Feb Jan 800 26 Jan 13% Jan 5% Feb 100 13'% 100 18% Jan 22 July 1% May 10'% Jan 3 Feb 1274 121 22 22 • .2.74" 163,100 14 600 11 Light —_25 700 Hazel Bishop Inc . Hazeltine Corp new Mining Co__ Hecla Helena- Rubcnstein Hell-Coll Heller ._ Inc — Corp E) A Co 574% ,♦ __— Gabon Herohl Radio Higbie Products Inc 574 —25c Co—2a——1 Trailer Industries com25c convertible preferred ——10 5%Hlller Aircraft (R> Class Corp & Co Inc l A Hoifman Hofmann Industries Corp Inc Ilollinger Consul Gold Holly Corporation. Holly Stores Oil Class Co Ltd 5% Oil & 4,900 6,800 9 45% 900 59% 25,900 72'h 50 5 34 ' 1 ; Motors Jan July 8% May Jun 59% July Jail 100 Mar 71 Jun 75 Jan 4% Jail 674 Mar Jan 874 Jan 1274 May 17% May 174 200 117b Jan 674 2,300 3% Jan Jan 4% Apr 1074 Apr 274 774 July 774 Jan 1,600 234 27.4 2,900 33! 4 2,200 1% 20,200 3% 200 274 Jan 31% Jan 174 Jan 3 Jan Refining.'. , 38% 16 % 18 74 56 15% . Feb 54 Jun 1,500 29% Jan 3874 Jun 8,800 1574 Jun 21% Jan 74'- 134 17 11,400 3174 »32 32 500 28 Mar 33 Mar 55 56% 125 53 74 May 66 Feb 12874'Jan 138 Feb 133 35% 134 35 % 35 7 it 120 1.000 14% 34 Jun Jan 10274 Feb 97% 98% 100 1174 12% 1,300 9774 July 1074 Mar 74 78 56 Food Products-. 874 13' 4 5 ^ 2974 400 5574 9 8-" 13% 1.000 57 ' 56 5 2.50 66 74 1.900 7 Jan 38% 76 : 21% Jun 11% —• _ 274 Apr 414 Apr 43 37 173.4 1 — 1574 May 374 May 3674 Maf ■ 5 _ Jun Jun 18% Mar 1.300 874 14 674 1374 1 July 2,000 327„ - 1 ■ 21.400 13%' 1% 100 Co Jan 49% Jan 5% 3% 15 Inc—- 12% Jan 19% 4.500 374 .10 — 8 33 30 12% 37 * 2% Feb Jail July 30 3,000 6 74 16 7 it * Apr 8,000 9 1634 * . 9 % Alay 10% May 3'% 3,200 • a__ A— : Hurd Lock & Manufacturing Co____ Hygrade 4% 33 . preferred Humble Jan 1 % .874 91 Imperial ..£1 Industrial Enteriu'ises Inc 1 Industrial Hardware Mfg Co 5% 68% 10% Jun 8,300 1074 Feb 20 74 Mar 29 7 4 5 2,500 22 74 Jan 3574 May 5% 13% __ 8,600 474 & Shipley (The) r<T footnotes Co Voting trust page 35. 3 74 Apr 9 Jun 5 Jan 17 s,, 3,300 16 Apr 1974 Jan 29 7 1,500 25% Jan 30% Mar 1874 18'4 1974 1,900 11% Jan 974 Jun 1374 Mar 1574 13 74 1674 56,300 974 Jan 1974 4% Jan 1474 Mar 1074 Jun 1574 Jan 40 Jan 374 „ 3% 1,100 674 71,100 12 74 1,400 3374 90 574 6 74 1,500 ,1274 1774 35,800 26 3 4 — 774 117 » 3374 2974 570 ■ Jun 3374 Apr 4% Jan 2 1%, 274 12% 6.200 1% Jan 1474 1574 300 1374 Jun 20 5174 5374 18,800 4974 Jun 6274 Mar 31 2874 31 1,150 2774 Jan 34 1374 13 74 1474 5,000 1174 1474 Mar Mages Sporting Goods...— Magna Oil Corporation ; Public Service Co— 4 Mangel Stores ———2— Apr 1374 1,700 1074 Jan 1374 30 9,300 1574 30 Communication Co Ltd— Co 174 7 1%, 10,100 %• 174 17,100 74 Jan 1174 2,200 10 74 Alay 1 2174 2274 —1 2674 26 2674 1974 2074 12,600 £1 674 6 74 674 1,300 21 (J Iiic: W) (A G) 1 ; & Co— Johnson & • Co Mining Corp Ltd^ Co 6% Jan 674 July 1174 Jan 3774 May Jan 17% 5,800 8% Jan 1874 Mar 200 1874 Feb 26% July Jan 6974 July 574 6874 Midland 41,100 --2,000 7% 9,800 6 Feb 17% 1774 1774 100 12 Jan 1 TTI Jan 8,600 34% July 5974 7,200 21 % Jan 29% Jan 1 22% 221 Apr 25 74 Jun 27«i Corp—— Corp 8,100 1874 374 13% 2,600 1,500 274 May 12% May 14% 157,, 1,600 10% Jan 18% Mar 107 b 100 10% 1174 preferred—* conv Jun 8% Apr 50c 18% 18 74 18% 2,400 1374 Jan 5 2474 2474 25 2,300 2374 — 7% 50c common— RR 147,', 7% 2,000 4.40% Jan 8 Mar 100 3474 Jan 38 Jun 1,900 1374 Jan 1674 Mar 100 50 97 Jun 3874 3874 1074 1174 1 40', 5% * 1 1 a 100 39 2074 Jan 174 Jan 37 Jan 52 74 21 15,5i0 2,600 Jan 3174 87 88 100 8674 Feb B—_—,—100 100 93 9474 150 4.80% preferred series 4.50% preferred series 93 Montgomery Ward & Co class A——• Montrose Chemical —1 Co—— Afoody investors Service par tic Alt Clemens Aletal Products 6% cumulative preferred Mt Diablo Company Mount Vernon Mills ~4 & Tel MuntZ States TV 2.50 100 Murphy Corporation Murray Ohio Mfg Co Muskegon Piston Ring Co Aluskogee Muter 374 500 x3 7 "574 2074 574 20 21 159 74 _ 2 74 274 20% Apr 4% Jun 7% Apt 474 400 1274 1374 347-4 3474 174 22 97a 117-4 1174 1 12 674 1074 1,800 674 7% 24,600 -3 67a 6 67a 5,400 1 874 674 9% Jan 574 Jan 4,100 6 7 Jun Jan 3174 10,300 5 Jan 774 100 874 Jan Jan 28% Jan 10,200, 9!4 224,300 Jun — Eellas Hess—— Brewing Co (Mich) Petroleum Ltd Presto 90 Feb Apr National National 4,000 3% Jan 7% Alay National 2874 Jan 37 % Mar 1374 July 36 74 12 Apr May 1274 May Jun 3 74 Jan 674 5 Jun 774 July 1 Stores——»— Industries 25c 25 X2374 2474 25 ^200 22 74 2474 5,600 74 1274 300 12 274 214 117,, 30 3 a 374 Mar 2874 Mar 16 2474 July Jan 1274 July Research Rubber Starch Transit 1374 Mar 15% Jan Co 7,700 39 Ya May 1 : 2974 '0 Chdlnical Associates Jan 413 Mar Jan 10% 2474 24 2674 2,500 17 Jan 2674 July —50c Corp—— Machinery & 18 274 Jun 400 29 974 July Apr 2374 May 10,200 1174 2ii 874 Jan 2% 2 Inc Feb 474 Jun 474 1 National 2374 (,247/a Jun Apr 274 Mar 165 Dehydrating & National Jun Feb 474 Mar 1674 Jan 2,200 3474 Feb Jan Jan Feb 138 13,000 23% 1 15774 Mar 2% GOO 3374 1 Apr 50% Jan Jan 97% Mar 12% Jan 400 2274 13 9074 92 44 5,900 16074 2% Feb 79% Apr -4174 Jan 374 a 2274 ; : —— Alfalfa 25 —50c Industries Inc National 31,900 ~~ 10 Corp 1674 4674 1 2.50 Namm-Loescr's Inc.— Napco 374 -5 ——__—, N Nachman — Co Company 430 1474 1 — — 14474 146 4674 1 Tel Inc 1674 1 com Inc Mountain 146 pref—♦ Jan 8674 May 143 74 Jun C.— 14%, 14 Jun Feb Jun 10% 13,900 2974 ; Apr 90 10474 May \l Jan 31 5,400 At 43% 39" 4 30% preferred 1374 3.200 Feb Feb Mar Monongahcla Power Co— 100 16 1074 19% 29 15 * 82 Jan 3774 400 Warrants Jan 15 14% 100 11 "ctfs" Molybdenite Corp (Can) Ltd.—.—1 Molybdenum Corp of America 1 7 Jan 3% May • 37% 4%% convertible preferred— 50 Mining Corp of Canada— ——* Minnesota Pwr & Light 5% pfd 100 Mirro Aluminum Company 10c Missouri-Kansas-Texas 24% 1074 1 Piping Co— Feb -1 "27i, 1374 14% 1 ... 1 74 113 Mar 3674 2374 5 15 Jun 21%, Alfg & 81 Apr 874 1874 Mar 34! 4 National Casket Company National Electric Weld Alacliines 15% 82 23% Petroleum Co 51 64 74 Feb 3574 Oil Corp $1 Miller Wolil 6974 7474 7 Jun 1 Mid-West Abrasive __! Alidwest 5874 72 .10 Hone Feb 1074 100 _1J preferred States 2474 Mar 2874 2274 May common—_i_l Alieliigau Chemical Michigan Sugar Co Mlcromatic Apr __5 — Metal & Thermit Corp, Middle Jun 1874 Jun 7474 774 1 — ANg Co t 1 Merchants Refrigerating Co——1 Apr 111 1974 Mar Jun 2374 Apr July 274 % July 1 3,700 1974 —. warrants— Jan 10% 2.50 Alansficld Tire & Rubber new Marconi International Alarine Martin 174 174 10% National iV Jan 1274 10c Jan 8 Mar 28 50c Jun Jan 374 Mar 1374 lc — 47 774 774 May 2574 Jan 3174 May Jan 30 certificates.. 48 _ Apr 15 1 Jun _ 574 Jun 20 Jun Apr 52 74 2 Jun - 2174 6% Jan 167 4 2.50 39%; t7c Jan 674 May 87/a Mar 17 1 42 82 Mar 1574 29%, __1 100 13% Mar 9 Jan 374 _30c Alaino National Telefilm see 7 5 Publications Inc National Steel Car Ltd __5Qc 1.800 Magellan' Petroleum Corp— National Corp 77u 10 7,800 Name changed to Industrial Electronic Hardware 7 17 _1 43 13 3 4 374 Mar Jan 674 43 ' - 14% Mar 12 Jun 474 1174° 42% • 11% 3,400 —3 41% : Apr 1374 Mar M National 43 300 574 —25c — Lunkenhcimcr (Tlic) Co——— Lynch Corp National Corp -10 Imperial Oil (Canada) • Imperial Tobacco of Canada —5 Imperial Tolrof Gt Brit & Ireland. ..£1 Indianapolis Pwr & Light 4f/o pfd_. 100 2374 2974 ,—1 Milling Co dep rets ord rcg. Color Chem & Paper 1174 57-4 _5 i? Apr Jan Jun Apr Imperial Chemical Industries— American 1174 774 —^_50c Inc 8. 574 5 Corp 774 1174 _1 Fabrics of N Y com cumulative preferredLithium Corp of America Inc— Locke Slccl Chain— 5 13 74 Mar Jan 14%. 27 % Jan Liberty 6% Mar Jan 5 13 'T V. • class Hadrometals Inc 4% 1,900 1% 1 Hoover Ball & Bearing Co___ Hormel (Geo Ai & Co. ; Horn- & Hardart Baking Co__— Horn & Hardart common— HubbelL (Harvey) Jan 4,900 •3 74 2 711 —_ : HowelT Electric 3% 3,700 174 874 5 ; 2.300 77:i 13 4 14 60c Inc B 1% 3' 25c Mines . Holophane Co : Holt (Henry) & Co Home .1 74% Mar 6 1374 —2.50 — International Jun 5% 6 I common, 64% 8h, 16 74 5% Inc.————5 (R G) Island 600 8% . 1.200 8 _1 Iron 34 ■ Highway Hoe ' 87 it Jan Inc—— Merrill 9% Alay May 1174 Alar Jan 1% 72% —10c Electronics & Realty Mcsabi Jan 94% 100 Manufacturing Jun 8% % '48' i Jan 6 University— Refineries Tourncau Feb 29% 4» 43%>° 59% 274 Mcnasco 1,600 4% 45 1 2,600 Jun 2,000 8% 274 274 4% 67% 30 " 2% -1 Mar 3 - 1 8% Feb 26 9% 33 pfd——100 preferred——. Hercules 30 3 Jan 12% 1074 7 lit' 4% * 25c 1 7% 700 2574 1% 10c — common — fW 4% 8 11,400 1474 _— Leonard Le Mead 26,900 ' 77it 200 1374 14 26 6% 8% 20% July 2374 Apr 20% Jan 2074 12%, Mays 3,200 2 . Feb 203 4 I • Apr 7% Inc—.——_1 Jan 13 Jan 13% 20% Jan Lithographing-Co™——10 c Feb 474 17 Jan 8% 23 4% 474 700 11 Jan 4 %• 22 374 Mar Jan Jan 1074 Jan 9% 20 74 Apr Apr 1974 July 2274 May 374 Feb 18 May 1474 18%. Alay 18% 66 — tt 9,000 13% 67% 6,700 20 3 Jan % Jun 24,800 1,600 -1 20 74 20% 3174 1,400 7 — 19,100 '1 if 1674 20% 32 74 74 1574 19% 7% 3 26 74 20% 9? ,t 3,300 1674 3% 32% 1% 374 9 2974 16 'it 1 3,900 » Masscy-Ferguson Ltd • Maule Industries. Inc.—_^_3 3% 10 Harvard Instruments Inc Havana Inc Lcfcourt Apr 15% —25c — Hastings Mfg Co Hathaway Industries Extension Salle 3% Alay 2 % Feb 2% Jun 11% Jan 3% —...1 Inc Electric Hartford Industries La Jan 16 _2 — Harnischfeger Corp——— Hartfield Lanston Lear McKee Machine Co Lamp 274 July 1% Jan 3% 10 2% II H 7,300 „_3 5,200 7 10% 14% Jan 1,700 2 1474 — 167b Alar 5% July . 1,500 274 1%, 1 Co— Jan 8,700 1074 1974 2% 27 Delaware— 10% 43% 2 1874 174 Alack Trucks Inc warrants— •>. 1 13 4- 3 — Mncfuddcn 6,000 . of Sessions Jan Jun 7 . Corp. Industries 10 24 3 27i Foundry 35% May 23 4 14 Jan Consolidada S A———75 pesos Shores Alines Ltd : 1 Feb 5% 22 Jan 1374 ——1 7% 1,100 25 .5 Jan 12% 2,600 Jan 3 10c 30 6,200 13 Inc. Lodge 674 __ 3,250 1774 -33V3C 400 .1% 46% 4174 1974 274 ^ 7,800 •; •; 671 Mar 3674 16 5 2,900 10 417 n . Jan 101 —7.50 ,i 2% 8 Jun Jan 18 374 — — 14 % 9% 13% 28% 17%, —5 Iiongincs-Wittnauer Watch CO— Louisiana Land & Exploration. 5% Mar 1 39 7s 2074 July . Jun 4 95 Va 600 197,, 2 1 ———1 Jan 4.100 20 7 41 62,600 ,1 20c Jan 0% 14% Industries--—50c Corp. Jan 97 Jun 32 % _1 . 5,200 102 Jun Alar 30 — July 92 % 4 — Inc_i 8%! Jan 88% Apr 13% Alar 19% Hydraulics™. £________—50c Freehold Leases 9c Western 475 95 27% 6% Gulf & Jan 95 6% Jan 10% 80 Jun 42% & 49' 1,700 14 hi u—1 Company 6,600 20% Jan 1% Jan Financial Land Apr 27% Mar 1,100 Producers coinmou_-G0c Films 19% Jan 1,300 Western Guild Jan 3% July 2,500 Western _ 18% 3 % Great Griesedleck Company. Grocery- Stores Products——: & Feb 16% Co—_—,_1 preferred series A Lamson 37 25% Great Grfdoil Corp Jan 4% Mar 15% Great Ainer Industries Inc.—:—__10c Co La'msoh 5% 17% ll7,, Apparel Lakey 5,800 13% L'Alglon Lamb 1,000 1. % 474 30% 12% Mar L Jan 20.500 19 4 74 30'4 ——1 _! Kropp (Tlio) Forge Co Krueger Brewing Co—: Apr IB7,, 11% :s 374 Mar Jan 5 Corp Stores— 29% 21% 4 Feb 24% 20 7 Grand-Rapids Varnish-——1 '.Gray-Manufacturing' Co.. ———__—v.5 Gulf States Hotels 23% Jun :6hi 474 30% 1 2.50 Corp class A— La 11% 1 ',4 50c 100 Lake 797» 6 7 it i67b Great Lakes Oil & Chemical 4% 16 1 it A—_i—10c Manufacturing Co Gorham. Manufacturing Greer Knott Knox 7% Mar 28% 3 104,900 July 5 Coi.p Ltd Jan 24% Mines—_—__1 Goodman 6% Alinerals 17'% May 33,725 13% —_1 2074 10c 8% Mar 300 8 18 7'a 1.25 Jan 95 11%. 5 Inc——a— Gold Seal Products 1% IO3-, 83,t * • .—t 107 1874 Company 474 July 20% Jan . 93 .1 Alay Feb 3.000 75 3 11 ♦ ; —_. 3 95 1 _♦ Giant Yellowiciiife Gold Mines-- 300' 4% « 48 July 2T% ,37.-; 76 » 21 % 18% 19 3 3% :25c Georgia Power $5 preferred- 4,100 28",t 20 1 Genung's Incorporated $4.60 29 50c Transistor Corp.— 3,900 47 4 i7.i 5 * _ General 5% 19 V« _£i — „ Indus.Enterprises—^— General 20% 374 4% ... Feb 104 4% 474 39 4 8% 2 1 3 711 57,. Ltd— Eircproofing General 1,000 -■4 1 :~~J;1 Corp Electric 41% __ioo __ General Builders Corp common— W_1 5% convertible preferred—,—25 General Development General 40 % i _ Ml'g Co Alloys Co., General Oil Kobaekcr preferred 14,500 25c (S) Dept Stores Inc_ Klcincrfc (I B) Rubber Co Mar 48 4,700 274 —— Klein 9!i Alay G Gatlneati Kin-Ark Jun 12,800 974 2f\> Kings ford Company—. Kingston Products Kirby Petroleum Co. Jun 2,100 2 8% 2% Industries KU'klaiul £1 reg____ 874 15c Kawnccr Co (Del)— Kennedy's Inc Kidde (Walter) & Co Apr 12% Alar Jan 1.&00 _10c Ltd Kawecki Chemical Co—__h. 12% 10 h. Inc— 74 K Feb 11' 1 1 Corp Kallman (D) & Company—; Kansas Gas & Electric 4%% pfd Katz Drug Company-—___.— Jan 7% Co Industries Oils Kaiser Alay hi 8 Jun Jupiter Jan 10 ll1 i i __ Apr.! Jan n Vh Jetronic Apr July 10',4 ioc 2 50 ' 22% 200 15% 6 • American dop rets ord Fox Head Brewing Co Fresnillo Jan 503/4 ";t __25c —— Inc Ltd 15 7 12% 9,900 6 o Canada- voting 15:,4 i non-voting Ford1. Alotor Co 8,700 200 27% l General Corp.—__ Firth Sterling Inc Fisbman (M II) Co Inc Flying" Tiger Line 15- ____i Financial Class 21' 178 .30 Corp—_• ■ Ford-Motor of 19 V* 200 —1 _______ Faraday Uranium Miues Fargo Oils Ltd Felmont 20' .1 Sugar Associates— Glass 3874. 3774 397a 2,000 31 May 39% July • 1974 18% 19% 400 17 Jan 19% Apr 10Y4 10c 1 9 874 9 1,600 374 4 1,200 0 774 374 May 5 Feb Feb Mar 33 and Financial Chronicle The Commercial 34 . . , Monday, July 13, 1959 (182) EXCHANGE AMERICAN STOCK American Stock Exchange Sale Trice National Union NeslJo-Lo Electric Mur 178'') 3 3 Idria Min New Jersey Cliem & 1 Mexico & New Pacific Coal Arizona Lain] Oils Park Mining Co New Process Co New Superior Oils— York & Now York Ltd American Class B 24,000 A i 1,700 1-7'/a Jan " 1,200 22 Feb 28 20 :!'t Jun Hi! 400 1% Jun 2% Mar 23,800 10:,h Jun 7 3'a 1 6:!i May Jan 50 Feb 40% Feb Sceburg (Tho) 5 la Mar Seeman Bros July 3 3 H, 14,500 2!i Jun 7 O'o 7'.a 2,100 6'A Jan 8 % Mar 10 Co Warrants 1 74'A May 84 Apr 89'A Mar 45,900 X ,V Jun 2 % May H: 19,000 May 2% Jan Shattuck 1% l :t u . a 1:,A 78,300 i 1% Jan Corp Brass Ohio Power 4'/a% I Co.—..... Okalta Oils —_1 preferred. ' 23 24'i, 24,800 34 34 35% 500 34 90% 91% 320 87% 1,. 1,700 I 300 3 _90c Corp common I 3' cumulative preferred Electric ZZZIZZ ZHI—T Corp. 7 ' 21% 7 1 A —1 19 8 1 1 98 1 Jun 1 % Jan 4% 66 % Apt- 19 10% Jan 400 22 Feb Jan 10 Mar 514 3.700 Products 1st 5%: 5% 1st pfd-—25 30' L» 30 % 25 27'L: _ preferred,.! 5# 4.i50<» redeemable 1st 4,50rA redeemable 1st $4.40 dividend preferred—. dividend preferred... $4.75 $4.75 26 243it or. i >% 1,400 24% May 26% Jan 24% 500 22% 20 Jan 24'A 23 7 22" 22 % 22 i Park Chemical of Canada 0' 6,800 3% Jan 6% 13% Jun 19% 9,200 Jun 13% Apr 100% 100% 375 99 35% 2,500 30 Jun 3%., 3% 9,900 1% F) 9,500 10% 800 10% 17'a 10'a 10% 11% 7% 10.500 0% class A Royalties Jan 83% Feb Apr 98% Mar Jan 14 12% 13% 48 17% Jun Jun 13% Jan 72% Mar 2U 2,100 2{J- Jun 775 61'A Jan 83 15% Jan 26% Feb 81i Mar 2% 36% 40 10,400 50 3 Jun 44 Jan 39 Jun 46 Jan 2% Jan 1% Jan 5 r. 2,500 4% May ,6% Jan 4.700 7% Apr 19 4.700 7% Apr 8ft US'!) 37% 100 40% 37%« 3,600 20 140 140 140 49% 49% 5'ii 5ft 63a 6% 6' a 12.100 5 4% 5% 6,200 47% 47% 13% 49% 7.400 800 Rapid-Ameriean 13 Jan 103) Mar Jan 5Tb Mar 47'.) July 17% Mar 25 .25 25 25 —25 25 —25 25 55% 400 83% Jun 90 33% Feb 44 18% 24% Apr 09% 1,000 46% Jan 69-% 73% Jan 77 4% 0' 12,300 ~IZII~~- Feb 207it 300 19% May 22 Apr 4% 100 13% 1,700 7% 700 200 77 77 Jun 5% Jan 15% Feb July 10% Jan 84 Jan 4 11% 7 74% Jun Rath Packing Co — , 2% 2% 6,800 2% Jan 4% Jan 36% 161! 800 11% Jan 16% Apr 13 % 32% 14 Feb 15%. Jun % 6% 500 9% 4t'a Jan 353V 36% 4.000 14% Jan 21'A Mar 27 27'it 200 20% Jan 28 5 17.700 8% Mar 9% 9') 9% 3.300 2031 20% 21% 9,500 16% Jan 67% 65% 67% 2,100 64% Jan 6.300 12% 700 5% 6.400 13% 15% 10 25,400 5% 12%.. H % 13% 3.5% % •% III _ 22% 23% 74 2,100 1,700 13% \ 13 13"« 21% 22% 400 19% 19% 19% 1;600 2 Corp IIIII~r~50o Reliance Insurance Co...T_.—10 Reiter-Poster Oil Rcmingtoy Arms Co . Rico Argentine Mining Co Ridgcway Corp— Ex-liquidating distribution—— Rio Grande Valley Vtc extended Robinson to Gas Roils Amer Ex clep 76 n 11% Feb 15 7 Jan 14% 7.400 11 Jun 18 3% 4 lit 27.400 12% 1,800 Feb 14'A Mar 7% 300 28'!) 2,900 23 Jan 43- 94% 450 71 Jan 94% July 87* 900 6 Jan 10 ordinary Canada Co & 5 8% 8% 10c 5 1 1 •' - & Co..., 1 - .1 1 48 % Apr 54% 11 tb Jan 7% Jun 1,000 15% Jan 24% May 24 25 4,300 17% Feb 25 18 18 1% 34% 10,300 28% Jun 200 2% Jan 9% 200 9% Jan 46 3% .— !fti2.% 3 Tit 300 4 12,500 3 Jan 17'/a Apr 5% Mar 100 20 Jan 24% 15% Jan 4% 47u 4% • 2,800 13 Ta 13% 14 500 81 HOT a 82 90 3% Jan 13% May 80% May 5 3'n . .. 21% 32 33% 1,600 30% Jun 34% Jan 24% 24 24% 1,100 21% Apr 40% 40% 41 400 33'/a 26% Jun 42% Jun 15% 10% 2,600 3 2T» 3% 15.200 3% 3% 37« 6,400 3% Jan May 13 27b 16 Va Feb July 4% Jun 5% Apr Jan 3% 3 3% 2,800 3 July 4% Mar 7% 8 6,600 6% Jan 9% Mar rets ord regis split,,— Roosevelt Field 600 14% Jan 16% 800 14% Jan 17% Mar 8% 150 Raceway Ota 5% 7 ..10 Corp 1.50 30c l 50c * 5% 1.25 11.300 ■4% Ryan Aeronautical Co Ryan Consolidated Petroleum new footnotes com Jan see page 61;? July 35. 957,600 Inc , Apr 15Tb May 86'A 'Jan 7% May 7% 11.200 6% Jun 2% 18.400 2% Jan 16% 1.700 9 Jan 1 4% 4% 13% 1% ... —5 1% Jan 4'A% 500 6% Jun 13,800 5% Jan 1,000 17 '/a Jun 20% Jan Trans Caribbean 3 Mar 7% Jun Trans Cont ft Jun 5% 6% 4,100 8ft 8ft 8% 3,800 8 4% 4% 3,000 2% 4'/8 4% 8,600 4% • 22% 22% 25% 11,900 4 4% 4,200 5% 6% 7,600 4 8% Corp—T .100 preferred —1 Tonopah Mining of Nevada———■ 1 Tower Acceptance Corp class A_^—. Edison OOP. 6% Mar ... Airways class A—, .ioc Industries Inc l class A——.— .50c 12% Jan Trans Cuba Oil Jan 5'A Jun Trans Lux Corp July 6% Jan 273) Jim Triangle Conduit & Cable Co Tri-Continental warrants— 6 % Feb True 6% Jun Two L,1.. Co Temper Corp from Harrison Inc Guys 3A Jan 25 92 % Jun Jun 31 24% 2.100 3% 3% 7,400 1% Jan 8% Jan 14% 14 14% 26% 26r;b 26% 800 29% 21 " 29% 3,200 22 % 1.300 23 26% July Jan lft Mar Feb Feb 3% Mar Mar 17 34% Feb Jan 281 u Jun 36 17% Jan 22% May 8% 4 4tb 300 1,700 Jan 9% Jun 3% Jan 41 Mar Jun 33'A Feb 90 Apr 29 a 33 31% 34 83% 83'ii 84 % 225 83 % July 3 tb 3,400 2% Feb 3% May 3% 3 9% 87b 10 % 7,200 G38 Jan 10% July- 15% 14% 15% 4.200 13% Feb 22% 2% 18.800 .1% Jan 4 2% 211» lr, 23.800 % Jun lft Apr Jan 14% Mar 29'A Jan 26% Jun 39% Feb 31'A Mar 19' Jan 24 Jun Jan 14% Apr ft 12% 13'4 1.300 33 34% 300 30% 30 30% 22% 23 1.400 11% 12% 2.600 12 3 8 —10 _10c t'a 97 23 to 29% 2 39,700 33 —1 1% May 14,200 % 3% -53 -20" Shipyards 17% Mar 23% deposit rets ord registered.. ..£1 deposit rets def registered. 7% Mar Jun lTb 200 Apr 4% July 10% 92 Ltd— Amer Toledo 3.400 11,400 9% Mar 3% Mar 22'A ' TA .—1 Roofing Inc 5 Vs 14 12 ■ 92 • $4.56 pfd —— Tobacco Security Trust Co 19% 4% '6 G]i] July 27% July 17% Thoinpson-Starrett. Co Inc com—. .10c 70c convertible preferred——. J.10 .25c Thorofure Markets Inc. —1 Thriitmarkefc Inc—... Tilo 54'A Mar Jan 2% —— Feb Feb 10 lG'.'o 7% 8% 41% 7% .25c & Light Texas Thew Shovel Co 57a . 4% 1 1 ; 53 27% 23) ...1 Corp 6% 5% 19 400 l Russell (The F C> Company Ryerson & Haynes 6i% 6JA 5% Inc__ Roxbury Carpet Company Royal American Corp . Royalite Oil Co Ltd Russeks Fifth Avenue— 48 26 .20c Industries P6wer 5.700 52% 26 Jan 8 .—1 Inc Calgary Co.. Todd cin lnc„ 8 — Inc Jan Mar 17 16% —10 preferred International Jan 16% 5 ;.—!_,—... 18 5 common!— Electric Co.— Apr Ltd— Roosevelt A Amer 5% Apr 21% — i965—!—_1 3 class common. cumulative Texas ' Jan July 7% Tenney Engineering Inc!.™.—— „1 Tcxam Oil Corporation.—— 9% Mar 9% Mar 22 22 % -10c 14% July 6,900 B Television Jan 650 15,200 8Th Tit Mar 20% _• : 5% 21 ———l Inc.. Co.... B) Teleprompfer 1 % Mar 14% 2 5% Mar 7% Tel-A-Sign 3% Mar 50% 2Tii Jail 15% Mar 88 Technicolor Jan 8% 32 Jun May 2 t'a % May 3% Jan lit) Jan 26 % International Petrol Corp Taylor Mar 13% 32% 5% Jan 4,500 7% Corporation 4% 14% Mar 25 22 Jun 17%> July 241! July Feb 94% (S) Tampa July 49 2-for-l For Jan 21% July 18 Apr % Jan Jun 2G3« (J Class Co— Technical Products Inc—20c pfd F—100 (I) & Sons Inc class A 50c Roycc 54% 8% 1 Rochester Gas & Elcc 4% Rokeach 13,300 Jun 39% Mar 25 Feb 13% _I~ZIIZl III—1 IIEoc Industrial Corp Resistoflex Corp 1,300 % . 9% 21% July 71 Feb 1 of Talon- Ilic 26 Jun ' ■ lu Inc—IIIIIIZ—1 Republic 2% 2 .n - 28 19% 52.300 72% 22 20 j IIIII 3,700 72'/•. 1 30 3it Jan Jan 4% 11'% 4 Feb 22% May 93» Mar 23% Jun ; 29% 23% fto $1.25 convertible preferred— Reda Pump Co__ Reis (Robert) & Co_ I ' •• _ Raymond International IncIIII" Reading Tube Corp common ' 297« Jan 2% 17% Inc Stylon May Jan 22% 16 Va Symington Wayno Corp warrants8 Feb 23% Jun „10c preferred. ..50c Enterprises Inc—— -25c. Brewers Stroock May 53% Mar Jun 20% 7 1 Sunset 90 Jun 20% 24% Ltd. (Hugo) Corp— Stone Container Corp. Stop & Shop Inc Feb 3,000 46 300 5 Sterling Aluminum Products Jan 1,200 237it 900 2.300 49» 16% Stinnes 86% i 22% 21 13% t-1 Mines 54% July 21 10c Stetson 34% 57% Mar 24 B 11% 23'it Mar 17 Sterling Precision Corp (Del) 34 Feb 25% Apr 24 Corp.. 21 85 26 Jun H 1 15% July 23% Jun. 23 1 Jun 85%, Feb 24% 900 ——1 Jan . 13 3 • 34 GO 100 6% Corp Jan 10% 520 16% Stein Jan 55% 24'% 4% 1 1 —10 Corp 512 10% May Feb 24% 20 10% 700 38 20 3 ) • 5 Sterling 25%- Mar 20% —1 preferred 14% ' 9% Mar „ 54% 47% ■ Steel Parts Corporation Mar Jim 23% 21% • ——... Steel (A) Jun 54. 1 warrants.. Instruments Co 20% •34 24% 24% — 1,200 x Jan Jan 300 Superior Tool & Die Co , Jan 3 3,300 6,200 -—..IIII III"1 -II~~~~io Jan 54% 5% 4 35% (Tlic) Corp common!.. Statliam ■ ■ July 187- 45% May 23% 10,500 1 Corp 39') July 40 % Jail May 34% Jan 3 Co„ Mar 815 May Jan. 35 33% 125 22 % Apr 410 5 Investment IS Jan Jun 1 .r It Ramo Apr 4% Mar 5 8 ■71;!7[;% 8ft Jun 35 ta ift 4% x" 8 36% 7,700 ft a Jan 35% — Uranium Statecourt Jan ~ J' ■ 35' Jan 33 36 1,1 22% 15% 11% 10% Quebec Power Co- Apr Jun 12.50 7% 20% • Q 29 % Jan 1,800 " Corp Feb Jan 19 Tb 11,400 Feb 24 % Providence Gas j: 500 ft 7% May 23 0% Pylo-National Co 27r;« % i« 9% 60 14% loo 27%. 54 41% 23 ~20c Jan 99% Mar Mar ■ Jan 250 Jun 90 100 71% 19% Timber—I 10 1,200 73 6% Pulp & Feb 4;% Mar Jan 192% 92% 92%' convertible 50c 21% May 10% 63% 15% ; Starrett 425 20 Li -. Jan 4% Jan 2,100 cumulative preferred: 3% 900 48 Petroleum Corp—2 Co Inc 2 class Tube Stunrock 19 •Tit j • 2% Standard Jan 67 Jan 32 200 900 3 lit 275, 10% 16,400 07% Puerto Rico Telephone Co' 2.500 ■» 227 3 8,900 Co. Stanley Aviation 18»« Colorado— 4% 37u 223 Apr 8-Tb Mar 36') 31Tb July- 8% Inc' Shares Jun 00 ~£td—— 500 14% Products 15% 9% 1,100 ZZZZZZZZl Mines 323it 54 Jan Jan. 6% Edison— Standard-Thomson 18% ^ x31 % 18% Feb Feb 9 47% Corp— Standard 07% ——- 4,900 7% Forglngs (Ky Standard 0.300 47 ft 9,900 8% 43% Blur 13% Oil 19% Feb * Ltd 13% 7% 15% July Feb 8% —_—— Financial 14% May 14 1 Quebec Lithium Standard 93% ___Z "1 Sound Standard 13% Progress Mfg Co Inc Prophet (The) CompanyService of Standard Feb -I_—ITi (Del)—I2I5O , 12% * Corp $1.60 convertible Jan 92!!) i 12 14% 35 1 Standard Dredging Corp common 7% i 1 class A Alexander Inc Canada 2,100 Co Sperry Rand Corp Stahl-Mcyer Inc 8% 93" it _ 5,700 4,700 Pipe Line— 1% Mar 48% Apr Jan Oil Spencer Shoe Apr Jun 31% Jan Apr 4% Jan '12% Jan 9% Jan 3,700 17% 12 13', 15% 32 3 7 it 1% Mar Mar 14% 13% 1 :Southland Royalty Co———..5 Spear & Company.—.——_—a 10c Jan 9 5-% 15% Prentice-Hull Inc Preston East Dome 4'Afc 23 % 3,000 11 Pratt &, Lambert Co Paget 5,700 0% ———50 Jan 29 8 2OTA May 21:!) Jun Jan ft ————_1 .1— ....1 Materials Southern Jan 6G% 1% Jan. 0T« 11 "it Polymer Corp Public 22% 10,200 43%, 0% *2 7 it Oil 1,300 1% 157n Eric 15,800 —A——• Oil Co California Southern 9% Mar Jan 30% 41 <}":i 5% Jan 1% liV Poloron Products Prairie 6% 00% 4 Lake of 200 900 1()c (Dei)"II 1% July 14% fr —------— California Southern 14% May 7% May 300 7r: it ii 29% 43%. Jan 4% Jun 7% Jan 04 Tit Feb 14% May 1,300 7"'a Jail Feb 14 2,300 03% '1 —III5 2% 17% May 10% May 4% 7% 7'In Jan 18 14r;'a Jan 13% 12-% s'!) Jun 8% 4% 12% 13" Corp 1% 2,700 ll7it 11% 2 Co—10 pesos 1 % a 32 ...——- convertible preference4.48% convertible preference 4.32% cumulative preferred4.24% cumulative preferred. 4.08% cumulative preferred 37% Mai¬ Jun 4% Jan 500 ~2 _ Power 3% 1,300 29% 19! Puijlicatiohs— 4.56% Mar 102 Jan 31% 10:!t Pittsburgh Railways Co. • Pneumatic Scale ————III„TIII_10 Powdrell 9% ~~2 2 50 13 ta 13,000 5% Apr 7% Jan Jun 4% 52,000 21 % 4% Ltd 5% original preferred-— 4.88% cumulative preferred., 4.78% cumulative preferred„— Jan 8% 9% 2"™ 1,200 17% 19% 31.100 Corp Penn . Southern Apr 29,800 9:!) 1 South 00% Mar Jun 6% CorpL.—,!—_." Z~~~l inc ZZZZZZZZl Pierce Industries 84% 14% j IZZIIIIII" 5 5 it 15% Feb 6% Mar Jan 1% Jan 14% Jan F) lBol Ltd Corp Aircraft «Vj 143% 3:l) ? Philips Electronics Inc Philippine Long IJj^fc Tel Plnhlps Screw Co.—_ Pittsburgh. Jun 9'« 34 Va Perfect Circle Corp Peruvian Oils & Minerals— Steel 124 190 80% 0% 100') Traffic Co—— Phoenix 13,200 132 14% Pep Boys (Tiu:| ..-JIZZIIZZIZI—1 Pepperell Manufacturing Co (Mass)H5o Piaseeki Feb i 143'» Peninsular Metal Products Penn 100 91) ... Put,mo 92% Jun 80 • . Corp South Coast Jun 90 85 • Pari:ei-slm r g-A c t n a 91% Mar Jun 83 131 vtc—2~B01 Parker Pen Co class AClass B Soss 85 90% 91") i ~ Jan 95% Mar 350 132 "ft Company Jan 23 320 100 2Tit Manufacturing 23% J'pi 1.450 2,000 1% Inc— — 1^ Smith (Howard) Paper Mills — Sony tone Corp ————1 20 % 80% 4 3 it 4% V.it 14% Feb 9% July 2 t 8 Jan 5ft Airways 20% Jun 89% 4% 4 % 2'j Slick 4,000 85% IIII* Pantepec Oil (C A ) Amer shares Jan 88%' Tfd—J—100 A> Jun 10.200 2% Venezuelan 3,400 99 :t 21% 89 • — (C n 27% Jan 24% 11% t 21% Singer Manufacturing Co——— 2C Singer Manufacturing Co Ltd— Amer dop rets ord registered———£1 Skiatron Electronics & Telev Corp—10c Jan Apr 24% Jun 25 Pago-IIersey 'Tubes 29% 2,000 25 — 2G% May 700 >r%;, Z!) 25 Lt ZZZZZ* cony dividend preferred Pancoastnl Petroleum 1,000 25%. —» $4..'>'(] dividend preferred——. Pacific Northern Airlines Pacific Petroleums Ltd—Warrants Pacific Power & Light 5% Sinclair 27 7 it 25 preferred preferred 4t36!A redeemable 1st preferredPacific Lighting $4.50 preferred Simpson's Ltd Apr 24% 10% 1 convertible preferred 42% Mar 32 25% Jun MOc 1 (when issued} Apr 27'it Jan 9t 8% Mar Jan 5Ta 7,000 4,500 Simca American Shares-—.5,000 Jun 25:,iV 5ta 2,500 9% Inc————25c Lighting Silvray 28 25') Ir~25 __ redeemable 1st preferred— 25 redeemable 1st pfd series A,—25 900 678 43) Mines 4,300 30% 6 9% 2% — -29% 300 31% 31% __io 5% 10c Precision Corp— Silver-Miller $3 Ciay 13% Feb 4% Co Common Pacific Gas & Electric ii'/e 5%% 1st preferred— Jan 4% Simmons-Boardman Pacific 7Tb 17% —2 Silver Crock July Apr 15% 5,600 IftY May 1 ft.Mar 6,600 11 —* 6 ilex 231 i* Mar Jan ltb May 40 Mar 80 Jun 1 1,500 ■ Signal Oil & Gas Co class A 5% May 21 100 13,600 6% —3 —... Apr 1% • 92% Feb Jan America—— of Corp Feb ~ 19% Mar lVo 4% Siboney-Caribbean Petroleum Co Si'cks Breweries Ltd Jan 2% 400 71 % 20 "t . 19 5 —, Overseas Hecurities 70 17% 70 Shoe % Mar Jun 3 7 -10s ) 3%. 3 1:: 1 O'okiep Copper Cot Ltd Amer sha; Opelika Mfg Corp July 4% 90' b ~10(j Ltd 20% May 401 ii Mar Ja n 18% 23 ,.50c ; ... Ohio 22 20" 21% 8% 25 100 • common— Jun Jan ll Va -• -5 4% preferred — — Sherwin-Williams of Canada 13% 17% 9 ta¬ Sherman Products Inc Sherwin-Williams O ,N Jan 300 1ft 67b Shavvinigan Water & Power—.*—-—* ———1 Jan 4% ft May 10,700 1 ♦; 3 1 2 ■'« 1 30018 10% May 6 20c Mining Denn 11% Apr 10% • 1 Servopiechanisms Inc Leather Co -—: 24%-Mar Mar 1% —3 10c ~1 1 common new Soton 74 ft —JlOc (Del.) Jan 270 T'a V\ 86% ; ! 07'A 87 7a 1 74 0(i7!t 5o _ Inc Jun 7 17% 1 Corp 17 300 20 21% —1 —3.50 1 10c Sentry Corp Serrick Corp class B— Servo Corp of America Feb 4% _25 l Nuclear Corp of Amer A Oxford Feb 40% 3'2 1,700 3:'i 8% 33 2,400 3.8 381» 17 2,300 1ft —~50c 25c —25c 33'A Jan 2,500 h •' 37 38' ii Feb 29% Mar Jan 4,400 18% — 1 Scurry-Rainbow Oil Co Ltd-^ Seaboard .Western Airlines-. Seaporcel Metals Inc Securities Corp General Security Freehold Petrpleums 143» 18 20 20 Savoy Oil Inc (Del) Saxon Paper Corp 17,000 , 19% 20 20 — Say re & Fisher Co— Jun n 7!u ■71L- 29% Mar 34 27% May 1') Mar 13 preferred series Sapphire Petroleums Ltd— Sarcce Petroleums Ltd. lft Feb 17'A Feb 125 7 ll'L- 37 Li Ind Pub Serv 4 Va'/o pfd—lOO Rankin-Nickel Mines Ltd—, l Norths-pair Uranium Mines Ltd 1 •40c 27';' j 111! Northern Town Jun % North Old 1,000 1 Jun Jun 152 Feb 1-iV 20' 1 ft Mar 3% Jan 110 25;.) 13 1% 10 23 io 13,000 151 1 l class Northeast Airlines Ogdcn ') 2 % 10 Railway. Cement RR % 2% 4!A % series preferred— 4.40% series preferred— 5.60% series preferred l American Royalties Inc North Canadian Oils Ltd ; Penn 5% 151 1 North North 30% July 22'A Mar ._1 , Southern North Apr • Mines., Lites Inc Norfolk Jan 15% Jan 3A Jun 10 Nipissing No inn T'a 24'A 5,000 3.33% Honduras Rosario Merchandise Nickel Rim Mines 14,100 20,500 1 New York Auction Co Now 1% Mar 11 it 20% —* ; 5% Mar Feb 18% 3D3) % Iffgh - Low High 19% 19%. Ltd—--! Corp Lawrence Salem-Broaus San Carlos 1 2% Range Since Jan. 1 Shares 10% • Inc_ —2.50 Milling Co Ltd 16 pesos San Diego Gas & Electric Co-- St Feb 191'it 20c Ltd LOW May 29 1 l & New lVa a 20 184% Mar Jan 20% 25c 1 for Week Par 29% 50c Co Zinc New Jan 2na 100 10,700 31) 4" 13'A Jan 700 18,800 181 Sales Range of Prices- Friday American Stock Exchange 8,800 17% 17'it 180 % Week's Last ale Price K g High Low 3% VA 17 1 10^ Range Sfnce Jan, 1 High _100 Co_ England Tel & Tel—, Now Haven clock & Watcli Co New Shares 3% —30c Corp of Prices ENOEO JULY for Week Low Far New RANGE I OR WEEK Range East I Sale« Week's Frldmjr i o c k s $ 12',j 10,400 7 9% Apr Mar 1 Volume Number 190 5803 . . The Commercial and Financial Chronicle . (183) AMERICAN STOCK EXCHANGE RANGE FOR WEEK ENDED Friday S TOCKS Week's Last American Stock Exchange Sale Price Low Shares Low High Aircraft 19 lit 4.500 161a Feb 1614 May 1914 July 10 Feb 12 2314 Jan 27 11 11 3 00 2(1 la 200 7-1-4 714 814 1,600 5 5 Til 13,500 7% 414 1% 112 In 11« 7,100 114 Jun 1 10c iV » 47', a 13,300 la . 47 5 - . 48 U 800 6% 35 Jun 14 U -S 50c 10s Conditioning Corp Co 20-a 381% 191a 20 20 "» 414 5 10% 10 10 Va 70% 68% 7214 Reclaiming Co United Stores Corp — 30,600 com—1 1014 1014 11 1,200 —50c new 4% 414 5 900 i Universal American Corp Universal Consolidated Oil— Universal Controls Inc new 25c Universal Marion Corp 514 614 44(4 4314 1814 20! 35 3514 15 (Fla) _14 114 2,200 191 2G14 5 7V7 7 In 71a ...1 11% 10% 121(» 11,600 Van "Norman Industries warrants— Victoreen (The) Instrument Co-. •Il 15% Vinco Corporation -1 3% ,_2 7% Utah-Idaho Sugar.: Valspar Corp Vanadium-Alloys . - Steel to 13,500 32 Jan Feb 14 Jan (July 17,500 Jun Debt "Adjustment A 414s,series A Hanover ±180 April-Oct ±171 of) —Jan-July —J cm-July ' j_ A7s (issue 3514 July 2274 May 2-#v.Vi A/ auUUQ <M/00 f 9314 ±12Q _ ±63 —Mat/-Nov ±80 — .-April-OcZ ±80 June-Dec ±95 -Mar-Sept ±59 .. „Jan-July stamped (Plan A) 2s 2012 -Jan-JaZy 10114 included x in year's range), r Transaction Ex-UIvldcnd. y Ex-rights. 2 Jun A 8 Feb for casli 41 year's n included 0% & Coke Co Vita Food Products 1314 Apr Jan 512 * 7% 11,100 4% Jan Bonds being traded flat. '• 41,800 6% Feb 3% 5,300 3 la Jan 1974 May 514 Mar 7% 24,200 31a Jan 14% 900 11 1114 400 874 Jun 14 ' - - 9% Jan Stock and Bond Averages Jun 1974 Ja" 1314 Mur Below listed the daily closing averages of representative the New York Stock Exchange as compiled on are 10 preferred Waitt A- Bond Inc commonS2 cumulative preferred Wallace & Tiernan Inc— Webb ' As 274 Jan 21a Jan 514 Mar 76 Wentworth Manufacturing- 314 214 1.800 May 3614 Feb 314 37,400 lla Jan 11 48,100 2% 1% 1la 108 a 108 314 3% 314 1.25 31a 3 Va 3 In 114 lilt 11a 7,400 22 la 19% 23 8,100 90 90 200 50c 100 —1 318 Leaseholds Ltd— —; Western Stockholders Invest Ltd— -Amer dep rets ord shares— Western Tablet <fc Stationery— o White Stag Mfg Co- 14 21 _1 214 Mar 314 15 _lo 1214 414 Williams (R C) A- Co Brothers common 1 3174 14 July 1714 1,400 01',, Jun 13 3 i;. 7,300 11% Jun 16% Mar 614 .1,700 4114 1914 20 1314 800 —* 2 -Woodley Petroleum Co—— —8 5114 23la 1,900 511 48 2,300 a 1 Wright Ilargreaves Ltd Jewelry Co 214 2-'jt Jan 114 1% 114 9,700 .1 2114 1914 2114 1,800 10c 6 la 614 — Zapata Petroleum Corp—. 7 48 68% 2814 July ,1714 220.34. 80.43 81.72 82.53 83.00 38.83 221.GO 87.31 80.38 81.71 82.49 82.97 88.84 222.40 87.27 80.45 81.90 82.56 83.64 88.80 • 222.07 87.20 80.42 81.66 82.73 83.00 87.33 divisor? Closing Industrials, 3.964; Rails, 5.601; Utilities, LOW 108.77 July 108.86 — Low 103.19 Jan 2 SEC Index of Stock Prices slock for week ending prices based on the closing prices of the common July 3, 1959, for composite and by major industry with highs and lows for the groups compared with the preceding week and current year are a? follows (1939 — 100): Percent 114 May 2114 July 914 Jan June 26, '59 July 2, '59 Composite 431.2'J Durable Goods 524.9 Higli LOW •f 2.2 431.2 400.1 2.4 537.7 490.7 ! 517.4* — — — ' 501.1 517.4 457.8 545.8 536.6 L 1.7 550.2 510.5 367.4* - Goods Transportation Utility Trade, Finance 1959- Change 421.8 537.7* —• Manufacturing Jan 2% July Jun 31 — '%75 Jail 2 Range for 1959 High 109.59 May 13 108.69 10 Feb 7i7,i May Feb 6 1,900 88.74 • Feb Apr 214 July lla July 100 -40c — Jun 21 G ? il .,,11 —- The SEC index of stock Non-Durable —5s — Zale 4514 100 1914 May 26% Feb Woolworth (F W) Ltd— American dep rets ord regular -4> To preference—- Feb 2614 May 1274 Jan 22% Jan 500 2314 23% 1574 8% Jan Apr Holiday Range for 1958 Tllgll 1C/2.82 Dec 22 3914 Feb 9214 1514 Jan 514 Jan 8,200 - ?ri. Apr 2014 May 38 Bonds 108.82 Apr 1514 191a — 414 900 1414 ities 108.69 Jun 2,900 514 I 2114 Jun 214 Jan 1,000 Rails Jan 1614 3914 _ 114 1914 la Rails July 6—- Apr 19 40 trials Tues. July 7.._ Wed. July 8— Thursi July 9 Apr 44 25 14,200 Total Util¬ Stocks (35 Stocks) Compiled by National Quotation Bureau, Inc. Date— Apr 29% 10 Grade Over-the-Counter Industrial Stock Averages Jan 37 100 — 14 291a July 2714 Jan l Wood Newspaper Machine Woodall Industries Inc 172.93 Second Grade computed by using the following 19.61. Mon. iV Jan 900 —25 ""•5#: preferred Wisconsin Pwr & Light 414% -pfd (John) Industries Ltd •Wood 173.56 663.09 .... Apr 32 4 10 First Indus¬ are stocks, Mar 12 Williams-McWilliams Industries •Wilson 65 171.21 603.81 Jan 374 May 35 19 1514 9— Averages 169.12 663.21 ■ — J an 2 Feb 214 lB" 1 - — July 9114 Jan Apr 2714 1814 —5 July 10 65 tries 6G0.09 — 7 8 8.53; Total —Holiday 6— July July roads .... 23 371a Jan 18% 3 4% May 191a July 85 U til- trials 4% May Jun 200 a 3 1 Wichita River Oil CorpWickes (The) Corp—- Jan 114 9,200 291a —10 -Williams Brothers Co Jan 2 31 291 —1 Oil Go—lOc — Jun 400 0 J ;t 31 * 20 — J tl July July Jan 31 314 Weyenberg Shoe Manufacturing -White Eagle International 117 Jan 15 Rail- Date 214 Mar July 2,400 u-;« Is — 600 OS 214 • Western Jun 414 Mar 108 1,600 —lo¬ pfd— 2914 Feb 22 5 l . Feb 51 114 Jan 270 May 314 Jun 49la 48 108 —• : Coal—. 100 214 80 Feb 71 23 4914 1 10c •West Canadian Oil & Gas Ltd west Chemical Products Inc.— •West Texas Utilities 4.40'e Western Development Co 214 214 20 18 20 Indus¬ 1414 Mar 5,100 —1 common Inc-. 400 41a 4 .-30 : "Ski series prelerence Webster Investors Inc (Del)— Weiman & Company Inc——— Westmoreland Westmoreland G\'n 414 1 Instrument Co Knapp Inc 6% 4i 100 - Walt-ham- Precision 614 • ct.fs bonds --Bonds— 30 • trust stocks and by Dow-Jones & Co.: w 7% t Ex-di«- and ask prices; no sales being transacted during the current week. ^Reported in receivership. Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumulative; "conv," convertible; "M," mortgage; "11-v" non-voting stock; "v t c," voting-trust certificate#; w 1, when Issued; "w w," wltli warrants; "x w." without warrants. 714 July 16% 314 714 141 a — voting transaction range), ^Friday's bid 1514 9 25c Waco Aircraft Co— Baking year's 41 d Ex-interest, Under-the-rule in 51% Ex-liquidatir.g dividend. -Stocks- Wagner range), 58% 48 4914 41 (not 102% 3814 48% 41 100 57 a Deferred delivery transaction ,(not included In distribution, g Ex-stock dividend, li Ex-principal, Ex-liquldating (not 65 ±13 —Feb-Aug May-Noa ko par value, tribution. 95 64 ±92 ±88 —__ May 1927) 1947 A7s (issue of Oct 1927) 1947 Mortgage Bank of Denmark 5s 1972 ' Parana stamped (Plan A) 214s 2008 Peru (Republic of)— Sinking fund 3s Jan 1 1997 331-1 2614 July 614 Jan v*. lilR of Rio de Janeiro 18 Germany— Mortgage Bank of Bogota— —, Jan 6 * 180 1614 — .J 1967 (City 180 180 ±1614 debs— 19G7 E — . Feb-Aug Feb-Aug . 1314 Jan Municipalities ±125 Port & Waterways 614s 1952 Jan-July Savings Batiks and Clearing Assn—- 5%s series Jan 20% and .---Jan-July Prov Banks— 1) ; Vogt Manufacturing AUanzig German 914 Mar 53 Co NYSE Virginia Iron Coal 20 (a a 774 1314 Mar 72% July 11% July Feb 30 10,200 corn., Jan-* 4314 July 1514 Jun GO 20 30" a new May 2714 Apr 1014 July 214 Jan 80,200 a -5 Co 514 Jon 190 914 Jan 4114 4,700 45, 1814 ; Winding G 10 25c com Universal Insurance Universal 414 .1,100 1 Jan 1G14 Mar 2,200 1 B 1951 11% Mar 180 1.700 7s 49% Jan 413 May 181 1 - U -S Rubber (Germany) «-v 100 Tile Jan Feb 414 Feb 1,000 ABaden Central Bk of German State & AGs series A 1952 AGs series B 1951 7i1j Jan 2% Jan , Co Ltd— - Transferred J tin Apr Mar 10% Apr Jun 5-AT Amer dep rets ord registeredUnited N J RR & Canal United Pacific Aluminum class Jan 1 • Air 7% 50c United Milk Products U -6 Ceramic 4,900 20(4 20 United Asbestos Corp United Canso Oil & Gas Ltd vtc_ United Cuban Oil Inc United Elastic Corp U-S Foil 15 lit 18% —4 Products United Molasses 14 • —. United 14 5 Foreign Governments Range Since Jan. 1 High u Unexcelled Chemical Corp Unipn Gas Co of CanadaUnion Investment Co Union Stock Yards of Omaha— 10 for Week of Prices Par JULY Sales Range 363.3 i-1.1 367.4 340.7 217.3 -f- 3.3 — and 212.7 z- 427.(T 423.4 (-1.0 427.6 382.7 321.4 —- 323.3 0.6 360.4 319.5 — Service 2.2 231.8 208.6 'New- High. Friday BONDS American Interest Stock Exchange i'eriod Week's Rang# Last Sale or I'ridgK Friday* Bid & Asked Low Steel AAmer & Appalachian •Bethlehem Boston Elec Steel Edison •Chicago Pump Inc 4s Power 6s Transit 314s Aug 1 214s debs 1994 1970- June-Dec -June-Dec 1998 series A Authority 40 87' Quar-Feb 1970 3%s 1978—-~Jan'July ■ • 1st of N mortgage 4s series *€s Builders Map-Nov subord — Midland -Apr-Oct —Jaw-July. liq tr ctfs— ApriZ-Oct Valley RR 4s 1963 -National Research Corp¬ us convertible subord debentures 1976—Jan-July National Theatres 514s debentures 1974— England 18 8414 Power 3%s 3961 80 Water & Power Electric 314s Gas & Rapid American Co 7s deb •574s subord conv 86 debs — 4914 3914 5074 3 37 39% 24 ±— ' 30 d24"4 81 79 Harbor Water Co 1967 Corp 83 96 — series B 9214 314s series D 1976 Feb-Aug Feb-Anp Fob-Awp ; 314s series E-1973 series F 314s 1979— series G 1981 414s series H 19824%s series I 1982 474s series 414s series J ApriZ-Oct Feb-Aug Jan-Aug : — 1982 K -Feb-Anp — Mar-Sep« I 1983 Mar-Sept April-Ocf 1971—Jan-July Southern California Gas Southern Counties (Calif) 3s Electric 314s 1970—__Feb-Aug Southwestern United Dye Wasatch & Corp Gas Gas & Chemical deb 314s1-1970 6s 6s ser A 1973 ' „ 91% — 1963 Washington Water Power 3'4s Webb &r Knapp Inc 5s debs 1974 Feb-Aug -Jan-July 1964 7514 — . „ -1 — __ -10274 10114 5,500,000 6,132,000 4.008,150 5,813,000 319,000 9— 3,561.010 5,331,000 232,000 5,563,000 3,598,540 5,246,000 201,000 5,447,000 18,719,605 $27,460,000 Total 86% -- 96 88 uta 33 79 98 1959 Stocks—No. of 93 6 92 80 '• 3 97% 5 69% 92% S. 15,000 95,000 39,138,600 34,801,520 27,460,000 21,992,000 802,023,600 641,974,600 $29,128,000 Railroad and Industrial—i $23,806,500 $841,178,200 $676,875,120 $4,000 $1,000 —— Total - — 90% Transactions at the American Stock Exchange 100 118 V Daily, Weekly and Yearly ' 78 7514 3 10114 10114 86% 86% 8414 84% (No. of 86% Shares) 75% , 82 93 73 86 82% 4 84 85 i 87 94 96% 81 75 — 89 7.774 90% 82 103 103% 102% 102% 71 Bank 80 HO ±82 (92 $30,000 1,784,500 Government—--,— 123 65 8614 100 317,966,245 Bonds— U. 95 115% Sy 9114 — 3958 468,180,944 12,510,255 89 90% 86 ±84'4 94 1959 1958 $29,128,000 to July 10 ' 94% 7774 ±8514 Jan. 1 18,719.665 - 101% 103 11414 7514 ±72 ±8514 Shares——5— — July 10 $1,668,000 85 94% I $1,61)8,000 Week Ended 88'! a 32 5 ±67 — 47 5 — -- 407,000 8—— 96 71 -Feh-Aug 5,093,000 July 118 June-Dec — 3,835,070 — July 118 -- June-Aug $6,486,000 8(j% 86 ±87 66% — $509,000 July 10. 20 91% June-Dec West Penn Traction 5s I960—r/-_ Western Newspaper Union Gs 1959 __ — Sales $5,977,000 Wed. 79 ±87 — Bond 3,716,895 Frl. 9G —- — +. Total Thurs. 12 11814 11814 — .Feb-Anp Bonds 98% 23 ±82 — — 3s 1973 Government Bonds Bonds 56% 30 91% ±90 — 19G4—June-Dee 27eS series C 1976 3e 7— United States Bank Foreign 39% 81 ±10114 93 1981__May-Now Sapphire Petroleums Ltd 5s conv deb '62—Jun-July Southern California Edison 3s 19G5 Mav-Seyt 314s series A 1973—— Jan-July 3s July 85 128 13314 8114 83 — ——Jan-July 6s 1998. Jan-July —May-Non ApriZ-Oct 1964... Power 6 Bonds 33% • Safe July and Miscel. 9714 ±8714 133 _April-Ocf .-ApriZ-Oct Int'l No. of Shares 47 19814 Jan-July Railroad Stocks International 3%s 1970 Service 87% • — Mar-Sept May-Noo - 614s due 1953 extended to 1963 Ohio Power 1st mortgage 3%s 19G8 -j 1st mortgage 3s 1971 Public 125% 82% 83% Daily, Weekly and Yearly 92 12014 2 Nippon Electric Power Co Ltd— Pennsylvania 45 Corp— debentures 1963— AGuantanamo & Western RR 4s 1970 Altalian Power Realization Trust 61414 New High 3614 12 84 Transactions at the New York Stock Exchange Jan. 1 Low No. Tues. Alst mortgage 4s series B 1993———May Finland Residential Mtge Bank 5s 19.614 Mar-Sept General 125 : 1993—— A Sold Mon. Division— J 18274 Range Sine# 13 87% 125 •8314 Delaware Lack & Western RR— Lackawanna 41 87 125 —June-Dec High 40 Honda 91 93% 100% 5 100 105% 21 99 10714 99 67 95 Mon. Tues. Wed. Thurs. Frl. July 6 July 7 July 8„. July 9—1— •„ July 10— — Foreign Domestic Bonds Government Bonds 1 85"% 84 92 '4 60 2 100 — 71% Total Bonds $33,000 $14,000 $8,000 $55,000 93,000 3.000 6,000 102,000 67,000 7,000 '1,000 102,000 1,171,315 . 101,000 74.000 73,060 1,000 22,000 96,000 $367,000 25,000 $37,0C0 $429,000 1,301,765 Week Ended July 10 87 85 Bonds 1,195,015 6,023,340 9114 7 Total Foreign Corporate 1,157.125 1,198,120 105% 44 — 100% Stocks 1959 1958 Jan. 1 to July 10 of Shares- 1959 1958 6.023,340 4,006,910 233,655,652 96,337,332 3367,000 Stocks—No. Bonds— $361,000 $14,203,000 $9,760,000 90 97% Foreign government 25.000. 13,000 947,000 1,073,000 75 Foreign corporate—— 37 000 81,000 793,000 976,000 $429,000 $455,000 $15,943,000 $11,809,000 103 7114 5 69% 1001» 10014 ±95 101" 2 99 101'4 97 99% Domestic Total 35 The Commercial and 36 Financial Chronicle (184) . . Monday, July "13/1959 . OUT-OF-TOWN MARKETS FOR RANGE WEEK ENDED JULY JO Friday STOCKS Week's Last Par \ American Agricultural American Motors American Anaconda Boston Calumet Hecla & Service Standard 48% July Standard 29 "A Jun 43% Mar Standard Oil 75% Jun 89'A Standard Oil 627 60% Jan 74% Mar Studebaker-Packard 561 59 Feb 6574 Mar Sunray Mid-Continent Oil 82 7,; 6.651 64 Mb 01% 63'A , 55 -—100 55 20 77 Trust———* Prop 38% May 77 50 42% Jan —-5 1 23 MB 23 3 b 200 1- Jan 25% May 53 3 « 54 3 109 52A ' 4 5 23 A' 23 Mi 10 30'A 30 3 l:fe First Ford Motor Gas 6% <>■£> G% Co General Fuel Associates & com. St Mass Co Kennecott Coal Corp of Delaware Loew's Boston Theatres Lone Star Cement Central Maine National — RR 5% Co NT Clin Railroad Mathieson 84 3., 2,410 50 '4 389 38 3 ii —100 180% Jan 117 Mi 15 37 110 July Jan Jan 1,903 19 A 8'A 85':. 150 101 7% 82 Jan Jan 21% 184'A Mar Jun Jan 10% Jun 42% Feb 19c Jan 160 94 54 Mi Feb 90 Feb 551., Jun 18% 27% 19 % 657 13% Feb 19% Jan 50 Mi 50! 8 64 32!« Jan 50 Mb Julv 27 34 273 * 62 7 64 1 40 . 315 27% July 70 56'A Jan A 40 A 120 33% ii 32% Mar 64% Apr Jan 42 %. May * 30% 29% 30 M. 756 28% Jan 32% May 36% 34' 37 A 2,712 33% Jun 45 United Shoe Machine Corp common—25 55 7 8 52 56 A 819 45% Jan 56 % July 5 07 A 68 A. 121 46 Mb Jan Smelting Ref & Min Co— _,50 Waldorf System Inc——" 32% 327.1 United Fruit U S Rubber U Co —— Co : — S 17'A 50 94 % 07'A 973A 496 " Mar 681... Julv 31A May 20 17''4 -12.50 Wcstlnghouse Electric Corp , 38 Feb Apr 14% Jan 20% 70 7 it Feb 47% July • 57 Jun ■ 859 58 3 4 67 12% 145 25% 36 14.7 Apr Jan Jan ,15 Jan Feb ,28Tb Jan 148% Jun . 63% July Feb 48 Jan 43% Mar Mar 109% July Jan 97% July 54 May 5~% July 57 Feb 26 33:% % 104% 50 89 97% 100 557b 57% 75 62 10 ■ 52 "64% Jun 13 39% 6974 Mar. 59% . Jun 121% / 55 68% 39% 97b 25% / 95% 62 $2,000 71! 4 62 ,..1998 62 Mi Jan indebted to the firm of W. E. IIUTTON & CO for the transmission. are of these Cincinnati prices. Detroit Stock Jan 6c 8 We Jun 98 A 85 Jun 102 Jan Mar 317u May 253 4'is Debentures Feb 19 2,306 1781 'h 181 Jun 493b 52 Transit— Jan 44 Jun 9634 328 45 A* * — 37% 32 A 20Mi Jan 45 46 7« b 53% May 16'A Jun 30 63% 50 (:1V* • 84% July 10 19% 5 Stop & Shop Inc—_— Torrington Co. Feb 207 10c 39 311 10 July 74% 15% 110 39 • 2 BONDS Cincinnati Jan 78 3 4. 1 9c 28% May 68 3 « "a 12.50 — Feb July Feb n 107 W F i Jan 21% 146 % 68 „1 Wool worth Jan 11 81A (ii 44% Mar 399 16 7 8 42 Jan o 50 3'4 50 104% i Jan 56 May GA 31 Tu .—,20 — Inc 8 » Association Webster & 1,306 Mar 6 15 Pennsylvania RR Co —50 Drug & Chemical CO———2.50 Stone 78 3 4 16 7 Rexall Shawmut 425 38% 2" % Corp.. 34 567 79 3 —,—100 (N H) Chemical 52 103.i 1 & Hartford RR,_ Y, N H Northern 45 66 104 pfd——100 Companies, New England Electric System New England Tel & Tel Co- 39 32 147 .16.60% — Feb 279 lO'b 12%: —"1—5 Electric 4 26 ]i> 50 . • Steel Jun 55 Feb S Apr b 58% 25% 1 Shoe, S U 39% 57% 1 Co- Feb 547B 40 7» 50 7;; 10 Rubber Westinghouse Feb 1% 49% 82 Ma 4 Service 33% Jan 75 % _25 Corp 337b Jun 3A 10 5 - July 28% 89 1 50 _* Company com Copper Lamson Corp 23 A' 183 756 64'A 5 ' 25 ii S U Jan 64 A Jun 1% 51 Ma 5 Company Electric Gillette Company— Island Creek July U < Ohio,, Carbide Union 1—10 Inc Co Range Eastern Eastern Mar 62 77 Ry Co coni-i -100 cum 1st pfd class A——: 100 preferred "B" —100 preferred «adj 100 National Stores Inc —.—• Copper Jan 53 Apr 34 3« 1)4 67% '7 .._ 45 57 3 ,25 J> High Low 37% 57r,'a 25 % — (Ind; (N Range Since JaE,4. High 37% • Brands Jun Oil Low —50c — Feb 408 61 % a Railway 327a 3,879 313 is Shares * Rand ' Sperry for Week 5 . 26 25 34 48% 30% 031 Co.,.. Southern High Low High 81 8i% Southern Range Since Jan. 1 Shares 34 .—50 Providence RR Par 45 40% —25 Co-—-—— Personal Boston & Cities Co—* —5 1 Company Edison Boston Chemical Corp Low Sugar Refining common,,,25 Tel & Tel.— 33 M* American Sales of Prices Range of Prices Last Sale Price for Week Range Sale Price STOCKS Sales Week's Friday Boston Stock Exchange Stores Products Aluminum Bohn & Budd Die 3 Mar 458 27% Apr 32% 187 22 Jan 35 Jan 12 9 1 % 626 8% 100 1% 31 3 3 , ' 1% 29 ... 16 2.956 32 1 _5 Tvlachipe & Jan Jan 29'/» 32 32 High f 23% 2Mb 9 Company Buell 5 / Jun 434 17 29 171,1 J Low 2 %. 2% •„ Range Srnce Jac.I. High 16% 2 Brass Bi'iggs Manufacturing Brown-McLaren Mfg Low 1 — Metal Shares 1 — Allen Electric American for Week of Prices Par Wrigley Sales Range Last Sale Price ACT' Exchange Week's Friday S T O t K S • 1.9!a Mar 2,783 3% 2% 1,524 May Jan 2'A Jun Apr 21 July 4 Jan , Jan Mar. ' Davidson 1,101 34% Jun 44% Mar 69% 71% 3,536 51% Jan 16% 13%. I6M4 10,897 13 Apr 72'A May IS'A July 56% 1,152 53 May 60 Vz Mai- I7-i 11% 11% 1,020 11 Mb Fell 15 % May .1 0% 804 5% Jan -2-0 43% 43 43 % 6,489 41 * —1 20% 20% 21% 4.745 15: 48 3 56 common... - Bros.. Detroit Edison. Detroit Steel ; Corp..—.... Motor - 11% 6\' %.l . 63 8 7 Va Jun May 47% Mar • 20% July Jan ■ 4 4 48 3 4 49 701 39% Jan 49 5 . „ 80 Mi 75 3 4 80 % 9,149 51% Feb 80 Ma July 27% 2614 27% 2,263 I83. Jan % 200 57' 53% 58% 15,457 3% 3 % 155 3'/b. Jan 2% 2% 210 23n 1 % 1% 800 -3 — Co 4 + 1 ' Economy Baler Ex-Cell-O Corporation Ford 36% 70% 5 ; Motors Continental 35% -.,25 —10 Burroughs Corporation Chrysler Corp. Consolidated Paper Consumers Power —_ 325 . 4 4% Mar Jan ■ July ■ Trailer Fruehauf Cincinnati Stock Friday STOCKS Last Aeronca ^ American Baldwin -1 — Laundry Piano 10% '.l --8 — 397 4c/o preferred Milling Cincinnati — —— Art Kahn. 92 Vss Gamble..—„_ 52% Feb 43 15 37% Jun 50% Feb 54 10 90%. Jun 96% Apr 602 32% Jun 37 Mb Jan 10 82% Jun 92!4 Mar 47% Michigan Michigan 45 'b „ 99 3 10 38 7'a Jan 1.108 90 «/4 Jun 158 4. 6 5 !b Jan 113-i Allegheny —• .12 200 Jun 13 56'A 164 44 Jan 56% July Parke Davis & Co— 08 A. 153 60 Jan 75 Peninsular 18 18 v 29 'A 31 % 2,315 28% 28% 12 82 81 M. 18 23 89 82% 18%. Mar Apr Jun 12'A • Pro)>het 34% Jan Riekel 80% Jun River 89% Mar Rd^kwell Jun 38'/« Feb RUdy Jan 91 Jun 10 M2 W ) Raisin A- Feb 12% May 52% Jan 60!a Jun Udylite 25 Jan 33% Apr United Mi 46% 165 41% 50% Jan Walker Cyanamid———10 A]ir 00% 62!;. 178 47 Feb 5 15 Mi 15' t 25 15 Jun '18% American 82% 1.419 75'% Jun 89Mi 95 M. liO 70 Jun 106 Jun 12 GO'A Jan 74 July —12 Radiator 463« 45 817 99 50 Anaconda Steel Avco Ohio & 78 •% 79 91 65% Mar 79 27% 27% 15 23% 297« 21 22' .p 56 19 Mb Jan 14-% 143b lb'.i 268 10% Jan -1 17 A 16 17'A 175 14 Jan —«.—100 491A 49% 60'A GO 41% Feb 8 ——— 56% 56% 58 3 35 31 35 7 „ 37 21% 21% 175 i 316 Boeing Airplane Burlington Industries——-Chesapeake & Ohio i 5 _T 2 72% 74 3 b Chrysler 25 * 69% 72 Mr 47 49 141 — City Products — . Colgate-Palmolive Columbia Gas Columbus & System Ohio So Products 47% ———1 10 Electric . 22 M; 1 . 55% Wright —.—__-----;r------X. ,,.,37%. 7 Chemical 52'A 5 —i—— DuPcnt 91 _5 Auto-Lite Federated Stores- Dept * 8 38% Jan Co International Harvester International Tel Lorillard Co & Tel 3'A May 326 26 26 Apr 2% Jan 3% May Jan 20% July 43% 44 13 13% 302 14% 3% _ 400 2% 36% 4% Mar Feb 1,469 Feb 3% July 45 Jan Apr 14% May 11% Feb 15 Ma July 2% Apr 8 15% 1,545 2% 2% 500 14 Mi 100 14 Apr 17% Feb 37% 38% 820 30!a Jan 3o Va Jun 11% 11% 980 9r!ii Jan 16MM Mar 23 23 24% 117ii 2% 100 21 Apr 22 280 175b Feb 13 !ii 13 1 b 13 Mb 150 7% Jan 13% 10 123h Feb 22 ,1 22 Acme Jan July Jun 4,633 10 Jun 15% Jan 263 68 Mi Jan 03 50% Feb Jan 49% Mar Steel 11 Jan 14'A Jun Investment Akron 431 a Apr Allied 83 20 Ma Jun 7 33% Jun .38'A Jun Aluminum 98 52% Feb 59% Jun Aluminium Ltd 75 21 24% Mar 27% M Feb 393b Apr 50% Jun 60»i Jan 91 Mi! 75!b 203 Jan Feb Allis-Chalmers — American Airlines Theatres Paramount American Investment < Un),—•, Co (111) Machine Apr 913a July Jan 48 ! i 65! 66% July American Co & Feb 66!4 July 50!a 80%- July American 75% 57% Feb 54 58% 84 M4 44 % Mar 23%, 237« Apr 58% July American 1,262 23% 185 • 17% 57 Jan 24 54% 57 May 295 American Tobacco 39% • Jan 38 57 July American Viscose Anaconda Company (Un)_ Louisiana Gas^ Cash — - Lead York fedison Ohio Oil Penn 5 46 Mm 45%. 46 Mi 99 54% 53% 54% 78 — i RR — Jan 54% July Jan 50 Jun 79% Jan 48 Feb 54 Jun 661 i 51% .,126% 120 % 120% 90 30% 31% 180 $.3333 597ii 45 97 3 97n4 10 19 10 Pepsi-Cola Phillips Petroleum 72 597i ; w 19 "A 30% 31 46'A 4 73,i + 105% Feb 126% July 31 % July Corp Steel Tobacco 15% Apr 20'A 53 26 M2 Jan 31M4 44 Jun 42% 91 40Ms Jun 69% Gfi-u 53 44 3A 78 78 20 52% 52 % 25 39% 4o!,:. 14 40% Oil see page 44. 44 &• Steel Tel American Arkansas July Apr Feb 10 13 lit 4.400 58 % 200 45 3 54 '.4 100 51% 800 4 13% Jan 58% July Jan 64 ' Apr Apr 337b July 26% Feb 700 77 %; May 36 3 b 38% 15,000 26% Apr 29 2b:u 31 Vb 1,400 24% Jan 28% 27% 28 1.100 20%. Feb 29!V May 62 Ma July 33 33% 106 109 San 109 July 2U% July 33% Apr Tel 45 46% 4.400 42 60% 62% 2,100 40% 19 ! 19'a 200 19 Jrn 507/b Apr Feb ;,1 a Jan 49 20% 95 Jan Jan July 100 53% 46% 45 48 % 10,000 25% Feb 48% July 15%. 15'4 15% 2.000 15% Jun 18% 71 !b 72% GOO 63% Jun 81% 82% 12,500 76 Jun 85 107 Foundries & 45% 95 — Stand 1.—. 81% 95 —25 i Un) a (Un)___ Corp 1 „ .33 Mb Co— 99% 99! 4 100 % 170 91% Jun 25 49 Ma 49% 50 31 1.300 37 % Jan 02% 62 64 3 — — a 1,600 GG% Jan 66 500 47! Jan 767b 50 78 "0 450 653« Mar 267b 29 1,400 21% 21;% 2,800 34! b 34% 100 30% ".5 — 32% 65 8 Apr 72% JUly Afir Jan 50% July •',"74 68% Mar Jun _ Steel Armeo Armour & Ashland Corp iUn>——Co (111)—2— —i— Oil & Refining Convertible $1.50 —10 — common,. 2nd' - 28% 5 1 preferred. 21% ■ '— - 23 May 78% July 30 Ma Feb 19 Jan 25% Mky 32% Jun 40% May Atchison Topeka & Santa Fe— Common f>% Avco 1———~ noh-cum preferred Atlantic Refining 10 32! a —10 l_ 10 10 46 7 it 45% 46' 3 15% 14% 15% __13 17'a 15% 17% 73 73 . 277u 5,600 10 —10 Co, Corporation 220 Feb Jan Baldwin-Lima-Hamilton Apr 52% Mar Bearings 47 Mi Belden Apr 70'b May Bastlan-Blessing Behdix Aviation 78 56% May Bethlehem 44% Jan Binks 49% Jun Benguet — Steel 49% 9 60% 37 57% Jun 44 67% 44% Feb 188 Booth 43 52% Jan Borg-Warner Corp Manufacturing Boeing Airplane Fisheries Inc (Un) (Un) Co— j. Corp— Corp : —* 50c —10 -——5 Corp,— Consolidated 35% May 39% Jan Jun (Un) __s , Manufacturing Co 67% May 48% Jun July Co 2 Inc 48% _5 ,_15 Rad Ci'A 3 Socony Mobil Oil footnotes 40% 69% 1.40 Apr 240 30% 46'A 41% —5 Industries Roebuck 17 Feb 32% July Jun 10Va Mar Jan 53 10% Jan 17% May 14 9 7 250 ' Jan 44 200 - 11 4,900 a Apr 97% July 5 10 65% 84 % Mar • - July 26% Mar 59 Mb July 5 —— Oil Feb 40% 50 62% 12 49 Ma 61% 48% 51% * ^ 39 Jun 80 50 04 Mi 5 — — 41!a 45% May 48 July 6Hi May 264 * 5 Register Central Ohio Jun 32Mb Jan 5 - Dairy National Feb 37% 2 —i. National 28% 82 May —5 (Un). American Motors Corp Jan 90 73 7Mi May —5 51 % 106 10 Ma 700 60% — 99 51% 15% 10 — 115 48 70 Jan 12.50 iUn) 208 40% 29 Jan 5 300 12% —7 Foundry—.— 76% 363b 48 Feb. 12 % " 30% —i Cyanamid Co 74 47% • 57 109 771 (Un)_, Can 71 38 17% 202 MV 6! a" 12.%. 1 (Un)__—— 'Apr 33% July 57 • • Jan 70 15% 15% — American 48% Mj 24 67B 10 America—1 — American 91% 48 50 ' Feb 26% 54% July 48! i 47% 23 70 High 64% 61 Ma 1.100 33% . 261% May 60 . Low 800 3,800 74 23 Range Since Jan. t High 32IV •- Manufacturing——_ of Co H 1 Shares 73 a •————n-— j - 1 5 - 83 3 Corp for Week American Broadcasting 91 !•» h July Mar Sales Range 33! Discounts—2- & Laboratories 551! ,i 20 Week's of Prices 73 % -50c Mfg —_2_, —_I Alleghany Corp (Un),———_1 Allegheny Ludlum Steel i_—_ 34% 91% 913« 258'A 259'A 5 —— Brass 22 Mi 266 Jun T 16 Exchange - Aid 55 52 Mi 15 1.000 Jan July 3% 550 15% Low — 36% • 5 of the round-lot transactions only compilation —10 Co———. 21% •37 'A 13% 4% Corp ——; * Advanced Aluminum Castings—— 71 Ma May 44 51% 12% 13% Admiral Jan 38 .37% 10% —1 — Laboratories common Abbott 80! 6 Montgomery Ward— For Jan 16% Par k'!|| (new) National Sinclair 15 Ve -Miir 2% 11 18Ma Last 80% Chemical Monsanto Reynolds Jan jun 1.063 2.950 100 Friday 82% —— -—— Corp Schenley 1% 525 3!b 437 Sale Price 5 Motors Sears Jan 1% 11% 15 3 General Republic 1% 8 3 Mi 15 % S TOCKS 21% July 74% July 48 'A 2.50 —, Greyhound'—. Radio Jun 20 7 « common.. —1% Electric Pure 15 Ma Midwest Stock 58% July 447a '/jjj Jun A- 30% General New Jan .—1 2 - A 17% July 50% July 91% ,5 —. — As 258 Mi Kodak——.————10 o Mead 10% 1 3 -1 Distributors— 34% 5 Co Dayton Power & Light—. (P) 185 14 Mi 25% May 17% May 49% May 14% Corp Shirt Feb 34 137 40% Corp,. Jim —-—3 __— _. Steel Bethlehem Mi 5 ——-— Martin 15 Feb 62!g July 1 Baldwin-Lima-Hamilton Baltimore 62 10 —— (Illinois)—— Ashland Oil—. Eastman Mar Mar — AmericaftTelephone & Telegraph CoNew $33 Mi American Tobacco ———.——.25 Armour 34 3% —10 Apr 02' i Jan Apr 81!.« —— Airlines American 32 ..5 — Studebaker-Packard 50 21 592 19 Mb . 1 .Scolien Dillon Sheller Manufacturing,.— Standard Tube class B 60 !i Feb 3 3 Mb Jun .——5 Corp Manufacturing .31 Mi 4 __ 1 Standard 60'A Jan .—2 ; .. 29% 2 437n 77" 1 (Thei Co, * 240 . 32% Mar 30% 3 V* : Paper —1 7 31 it 26 * : Jim b 207 ——1 common Feb Jan 5 % 11% - Products—.... Company 53% 60 Metal Metal (II 29 463 12'A Clemens Mt 28% July 73 Vz Jan 40 50 17% 27 >4 T.398 29% 263, . Mar 29 25 775 1% 3! a 1 — 577 420 5% 33% „ . —5 : 12 May .. — 68 — Stores—'— American Electric Chemical Sugar common.. Wheel Motor Feb Feb 15 1 55 Mi Stocks American Can Dow Feb 6 4 ,% Jan 1% July 32 3 33% 3 08 lA —.A, ——— Unlisted Curtiss Jun 100% Mar Mar 53% July "4% Jan 29 Mb 5% 3 —1 _ ... 8 Jan Mar 31% 1 A*— 57» 45 27% July 29 10 u 6 % 1 .. 1 Refineries Leonard 32 1 — 56'A 1 .—10 Masco Screw Products 34% 85 ( —2 —— .——— U S Printing Corn Kingston- Products---: Krcsge Co (S S)-. Kysor Heater — Lansing stamping July 91 Mi 2.50 ■— , Rapid-American Arm co July 1 % .2,.50 .c: — 39% 30% Allied 39 Jan 771 , Manufacturing Inc 25 451 * —_— & Bearing-, Ironite * 10 : — Lunkenheimer Procter & Hpskins July 5 Crystal Tissue Eagle Picher Gibson Ball Hoover 13% Mar 40 Mi Jan 39% 85 —10 50 —12.50 Telephone—. Transit Cincinnati High Jan 2 7 Mb 1.50 3 j Mis 100 .——- o 10 32% 94 Gas & Electric common-8 50 Cincinnati Cincinnati ' 5 '162 4 — * Chemicaii., & 39% a —* — —— to'/'V 1 : — Oil (j 1.60% 1 — — 43 — Preferred Low 10% ' ,4 Lakes Great Range Srnce Jan. 1 High 10% 3„ ———10 Champion Paper common—— * Carey. Shares —20 — Brewing" Graham Paige for Week 1- Corp Goebel of Prices Low Industries Wood General Motors Sales Range Sale Price Par Gar Exchange Week's — — Pi 2—8 I 3 % 4.100 150 4 . 900 „ Jan 17% July b Jan 76 May 3% Jan 4 ' Jan 66 5 37% 100 30 Jan 39% May 79% 80 Ma 37% 80! a 2,000 68 Jan 88% May 1% 1% 13 4 2,800 57! b 58 7 a 3.200 33 36 36% 950 1%. Feb 49% May 27 Jan 2 Mar 58% July 36% July 35% 45 % - Jun 46% Jan 26% 5 —,5 5 26% 550 20% Jan 27 Jun 42% 45 % 3,000 38 % Feb 45% July 35% 37% GOO 34 Volume Number 5363 190 . . The Commercial . and Financial Chronicle OUT-OF-TOWN MARKETS range Friday 5 T O C K S Week's Last Range Sale Price Boad Company Burlington Industries iUni Burroughs, .Qprp fU n)1 Burton-Dixie Corn. Calumet Heciu Sc Canadian Export New- -12.50 (Un) West Con Co Service 4 ! % Cleveland Bend GO 150 29ait Jun 00 Julv National 33. 30 7t, 33 Standard 28 Jun 36 Jan National Tile 66 3 « Jan 74! Apr New 28 1 2 _ ..." ! • 90 Feb 84 (>0j 45% J nil 14% Jun 15! July 23 3 i Mar 29Tit July 24% Mar Jan 1,900 6.300 55! Jun 23 ! Jan 28 51 2G,a ' 10!) 56 1 ^ 400 20! 48! Jun t Jun Parker 26% 500 25 Jun 29% Jan 48 700 26 Jan 50 ! Jun 11 •"'» 11% 701) 107i, Feb 13% 51 50% 30% 32 3 2,200 800 1.100 44 "it Jun 3 5 r* 11 Jan 11% 14% 3.100 35 V 14' 37 37 2.000 27% 57% 32% 39 ! Pen Class Apr GG'-i (11 'i ^ ■!' " 4314 34 9iT»r"" 5 271 4 42 * 66'2 43' 800 1.800 Jan 17% Mar Apr 913t 27 1 40 3 it 1.000 300 . 89 3 22 j 41 90 5 477» Jaii Jun 47% Mar Jan 351/4 Jun 209 Jan 91% July Potter (The) Jan 28! Apr 260% May 45!! Apr Public Service 34!! Jan Pure Co 75! Apr 30% Jun 39 500 13% Jan 26! May Radio Corp of America 13 Raytheon Company Republic Steel Corn 325 8 1,900 23 >8 231« 200 11! 7 Jun Jan Apr is' 79 3 22% Feb 23% 247« 25'4 400 18'! Jan 26 25 3 it 3,600 20'! Jan 26% G '2 6*2 75:,4 80 3 750 5 Jan Jun Revlon Jun Apr it (MUX) 700 19% Jun 21% Jan Richman 2G3;t 273ii 1,800 18! Jan 27% Jun River 11»»'. 11 1 11'2 2,000 20 .19 711 H 50 7 a Feb 80Tit July 10% May 145/'a 51!! 650, July 10% Mar Feb bVa 3 10!! Jan 8 1 i; 500 7% 53! 53 7 ! SOT 8 80 '2 83*2 . 57 3 58 3 -53 "it 1,800 2,800 jt. 40 >4 71 >u'\ 83 !c t 20.410 40'T 41 '2 3,300 24 "2 _..l- 25 69 3 6? 1 49 3 . 1„ 15014" " Co 2,100 500 02 .49 3-» 700 501 20' it .1.900 : 287i; 48'2 4.700 48 '2 149 200 _ ____l _ 45 * New t 451 2 250 1,900 51;'. 50'a 52 Greyhound Corn „__3 23-! 23.' 23 3 _1_25 110'1 Ccrp... 110 >4 44 34 Mar 53% 70 Apr 53% May 28% July Jun 44% Mar 16% Jun 49Tit 400 Jan 21% Jan 7012 2 Jun 20! 100 !!—? 1__; 64! July 71% Apr 81% May Jan 44'2 . 25 Jun 25 a 50! May 40 ! Feb 71 % 46 73 47'! !4 Jan ,G Brewing Co__a Werner Corp; Heller (Wkiter - E ( <fc Co Kibbard Spencer Bartlett Inc!_l X . St Louis Public Service Paper Co— Regis Sheaffer il_ ___ Oil Southern Co RR:„.._- Ituliana Steel Products Co— Inland Steel Co.;. Inter lake 1 * Nickel Co Chemical 52 & 23! Jan 28% May Texas Gas 51 >2 900 46 Apr 55 Jan Texas Gulf 70 31% Jan 70 July 2.700 51 '4 54 4 44! 54 • *,; 57 B2-*. 32 7.50-! re Johnsoa- Stephens' & Shinkle Feb 39 Jan 54% July 54% Apr 39% Jan 57 32 3 it 75 28! Jan 35% 100'4 lOGk. 200 87% Jan 121' L> H 900 10(1 July Apr 100% July 123! Apr 300 S'kl 34 ! Jaii 36% 40"! 1,400 28% Feb 45 ! May > 19 734 43% May- 121 7>; . '38! 19 Shoe_—> Apr 1,200 ;>s." 38 'a 3.50 ^ Langiiiiii Steel 121 "k • i* (Un) Interstate Power Co 103 -a" —* 7! 73 600 113 17% May Jan 19% Mar Jun 4 50 6 Jan 7% July 7o34 73"4 81'j T.OOO 60 3 a Jan 59".« 61 ' 500 37'« Feb 31 31 768 28 3 a Jan 61! July 32'! Mar Jan Thompson Thor 208 Aluminum Kansas Pov.er & Chemical—__33b{c Light (Unt——8.75 6c Kcnnccott (Un Kimberly-Clark Corp Knapp Monarch Co—!_! Lacjede Lcath Gas i1! Co Cv Printing 1 Co 8 10U' 68 ■ ,-t 105 (4 500 97! -4 'i9,'tt 2.300 59% Apr 4' 2.500 3% ;_i 41 ! 4 20 (•» 20 3 u 20 V. 700 20 * 31 30 31; 31 300 2514 1 — 1_. Libby McNeil 6c Libby Liggett & Myers Tobacco (Un» Lined G9 > ;_5 — common. common 104 *■«" » > « 31 U5! 1 11 ""it 11 91 „_25 common 4 , 93 17 Marquette Marshall Martin Cement Field <7.r.c 6c Co_-u_ conimoik MVvXopc.kaw. Met ct Mickc iborry'-' & Scott Jan U S Steel 18 6% May Feb 59 42! Jun 46% July 32 ! Jan 62% May 29 Jun 70! „ Feb 18 Jan it 8 7' ' 193 1 48 14 10 __12.50 Modine Manufacturing Co__ see page 15! 6,437 8! Jan 45 580 42! Jun 100 58% Jan 40 Jun 69 3481^ 353 4 8712 Motor Inc 54% 1,350 48 Jun 32 55! May 2,200 24! Jan 14% 34! May 37% 37% 38 41% 38 41% 400 11! 52 11! 200 ' 3,400 11% 19 3t 100 15% Jan 20 Mar Wisconsin Bankshares 50! May Wisconsin Electric Wisconsin Public 350 44-Tit Jun 300 7% Jan 9 Mar 148'2 1.000 1131/2 Jan 151 Apr 700 35 12 35 31 35!< July- 44 Feb Wrigley 87" 89 3 (F (Wm) 96! Apr Yates-Amer 22 Jun Zenith Radio 18 Feb 38'A July 50! Jan July 9Va Mar 11% May 52 28 27 28! 70% July 48! 48! 49 1 1,500 200, 1,700 Jan 35 49% Jun 39% Jan 10! 10% 300 8! Feb 11 10! 46! July 23% Jan 11 100 8%- Feb 46.! 46! 10 39 Feb 11% May 12 Jan May 50! Apr 67% Apr 52% 1 Jan 25! 40% 49%. 600 34% 31! 34% 1,900 52 51% 52% 80) 49% Jun 46% 34% July 61! Jan 46! 47! 2,400 44% Jun 51% 52! 50% 51% Apr 11,300 49% Jun 57% 57 ! 59% Jan 57 Tn 300 56% Jun 64 Jan 10! 16!" 500 12% Jan 17% Feb 53! 57! 800 *3! Jan 5 1 56! —10 50 5,90 40% Feb 21! Feb 23 j Jan 28% May 49% July 27% Jun 13! Jan 57! July 16! Feb 9% Jun 13! 14! 14! 25 E2! 10% 12! 6,200 62! 62 3 4 300 —5 30% 30% 31% 450 1 25Tit 25! 25% 2,090 25! Jun 29 42'% 42! 43! 1,645 35 43! July 1 — II_5 • Jan 52% Apr 66! Jan 26% 38% May Jan Jan Jan 14% 14% 2,600 14% July 15 Jun 33 33! l.GOO 30! Jun 38! Jan 79! 78% 80! 1,600 74% Jun 86% Jan 29 300 27% Jun 34! 200 27! Mar 29 Tn 4,300 !* 35! Apr 35%. Jun 29% 26% Jan 67! 66! 68 29% July 500 56% Feb 70 27 To 27% 28 ! 550 23% Jan 28% 5 16% 16% 16% 4Q0 15% Jan 29! 29! 29 3 4 23% 23 3 4 ...... 8% 1,400 400 17 9 8,300 41! 42 900 39'/, a 37! 37% 300 75! 75! 75! 60 145! 147% 400 120% 42 37 T 147 Feb 4% Jan Co Machine Corp 31% Jan 24% , Jun 9% Mar Feb 42! Feb 34% Jun 43% Apr 71! Jan 77, Apr Feb 149! May 35! Mar 32% 32% 2.700 30! Jun 50 53 ! 2.800 44! Apr 35 34% 35% 2.500 33! Jun 53! July 38! Feb 52% 51% 52% 300 —10 42% 41% 43% 51% July 30% Jan 43% July 1 HII4 8 36% 106 3 4 5 8% 34% 105 67% -16% 103! 13% 9 36% 109 1,000 2,300 8% Jan 2,40!) 34 Jun 1.100 97 Jan Jan 67 % 100 46 ! 101% 105! 65% Mar 9! Mar 45 •? Mar 118! Apr 67% July 105! July 3,300 88% Feb 13% 13% 3,200 11 Jan 19! May 2! 41% 38 42 1.903 30! Jan 12.50 97! 95! 97% 1,200 71 Feb 42 July 97% July 5 37% Jan 39% July 37 39% 975 30 58! 59% 300 41% Mar 19 19! 250 15% Jan 77 77 70 76! Apr * ; 1 • ; Corp Power Co Jun 32% (Un)___ 40% 41! 32! 33 • (Un) 32! 10 37 25% 25% 26! 10 (Un) 37 10 Service W) L 23! Jun H% May 17% May 5 ; Jr 19% 53!b 25 (Un) Co_ Woolworth , 38 Jan ♦ .... 19'4 8 '' 4 13% Apr 29! Jan ' 34! preferred 149't July 14% 28% common Wilson & Apr 110 31% * Co—: Stores Feb Jar. Feb 54 1 Mar 16% 66 34! ■_ 17 250 400 July 50% July _5 Corp 23 78% Mar 62 Jam 39% Apr 46! May (Un)_ Jan 300 80 Feb 31 29 Gypsum Jan 1.100 Apr 47 = Feb ! Co Co 13'! 4 663u 700 1,651 49% 50% 109! 110 53! • 20! 2 1,100 61% 54! Jan Jun 1,700 I III (Uni II_1 (Uni.h-—ZZZl (Del) 500 48! 52! 31% 5 inc 111 47".: 786 61% __ 49% 110 5,800 56% 80 Jun — Union Telegraph. Westinghouse Electric Corp Whirlpool Corp.— $4.25 70% July 73% Apr 70% 55 Tii 34 Inc Wieboldt 46! Jun 43% Feb 78 ! 55% 15! July 48% Feb 67! May 48! Apr 40') Western White 44! Jun 70% • 23 '>•> 44. 36! Jan 89! May Feb •22! Webcor 8V2 1 • 1,800 12% 44. 5 22 * 10 Jan 400 2.850 100 -■ 47! 15! 11% Mar 46! May 800 52 31 h. 46% 43% May 70% Mar 36! May 52! Mar 60 66% — Corp Lines 24% 350 20c 2,600 250 Cement States 11 Fuel. For iSootnotes Fruit 14- 1 46% 36% May Jan 22! Jan 600 4,800 Corp Corporation United Rubber - Portland United Feb 19 ;'i, Minneapolis Brewing Co——. Minnesota Min & j\lfg (Un) Missouri Air Jan 31 14 Middle South Utilities Mississippi River United 23! S 1,000 1,900 44% —10 Jan U 62 31% 45 _i RR Apr 19 ' Products-. — — Jan (Un)—...... .—10 Jan 87 * j 60% 39 % 'an 26 Tit Corp Aircraft United 62! July 31% July 43 California Pacific Jan Jan >ova 37% _ Film St United 162,3C !_4 Union Apr 20's Jan 26! (Un)— Co of 98 Apr 50 1,500 • Corp 69% July 4% Mar (Unt-^—12.50 Inc Co Food 30 Oil 13% 712 46-, 49'a 30 Electric Jun 1,300 2,500 30% — __3.33! Corp. Carbide Union Jan 19% 62! 30! '31% 38 ! 39 Tit 60% — 43 Airlines Union Jun Jan 22% Mar 2 Corp Salle 11! 17 4(1 ..1 Brick ; Co„ Century-Fox 80! 22 15 P«b 22! Mar 37! Tool Co World 1.600 52 !t 2 51 * Co Elar.ke 7 1 51 ____4 Medusa Portland Cement—: Merck & Cu < Un > I Mcrnt.t Chapman 7' 1- Mfg Feb 100 19% 14% May »2! 3,300 37! Corp._^ Continental 1.400 :t ' Lvtton'st,(Henry C) 117 14% 22% Apr 25% — Ramo-Wooldridge La 100 14! 22% — 19% 50c Union Kaiser Z Co Transmission Edison So 16% May 45 —25 Oil Producing Trav-ler Radio 20th 16% July Feb Jun Ex-distribution Tri Feb 14! 58! Transmission Co Transamerica Trans 14% 200 18 Jun 25 Power 100 16% 43 Inc Toledo 16% 43 1,900 Inc Textron 44% 18 14% % 16% 16 — 81! July 59 3 (Unt...____10 Tennessee Gas 38% Mar July 65% Apr 35% Apr 60% - Aircraft Texaco 1.949 • 43 10 ZTZZ Corp Company— 730 30 —ZZZZZ Corp. 200 44 3 . 5 (Un i__ Internationa: Tel & Tel & 70 _• Internatidual Paper (tln)_____ Internatienai Shoe Co Jones 3,300 Swift Jan 35! Feb Temcc 23! 20O —-5 Sunray Mid-Continent 29 bt 5G:ii Steamship Co International Harvester International' Mineral International 7 43% 1,000 —10 (Ohio" Sundstrand oT12 * ____ Co Stewart-Warner Corp Stork Line Furniture 2(13 4 . 29 100 Jun 44 % Railway Equipment—. 3! Jan 5V4 Jan 24% Jan (>";: 28 ! 59 7 Api 6 ! Mar 28% Feb 82! Feb 60! Studcbaker-Packard Corp (Un); 311/8 July 100 30% May 55! July —25 Jan 110 59% 42 30 Feb 46% May v 43% — 126! Apr 97% 2 Jun Jan 97% 59% 65 39% May 27% Jam 52 -6.25 107! 93 97% Apr 60! I (U11)_______ Oil 58! Jun 1,600 59% Apr 39% —50c 500 -27! 16% 400 43% ~™ Service 24! May 50 2,700 59! 50! 5 Public Sperry Rand Corp (Un) Spiegel Inc common Jan 150 20! 59! 25% Apr —15 (Un) Southwestern 17% 4.0(h) 20 — Jan 5 _~" (Un)_____ 1,200 4>2 20% 33% Apr 21% May 1 — 52! lit) 46 July 22! 37% —1 - Co. Corp SOU .T. 10 class aZ. Co Apr 31'.1 ■' 4'8 Pen Strapping Mobil Socony 29 Pt (17 xl _ Illinois' Brlok Co - 29 A) Oil Standard 26! Mar Jan 29 1,800 70 3 Bi._w.h_-_— Steel Standard 15% 32 1,800 1 ,__ZZ! Corp (W Class Signode Sinclair Apr Jan 100 30% 1 Sears Roebuck & Co Mar Jan 110 13 Indiana 16! 23% 40%. 29! -1.40 5 N J (Un) 12! 414 A_. "" of 150 31'/». class Oil 750 110 • Oil 21 >2 1 '• St 253.i Hupp CorporationHuttig Sas'mfc Door Central Corp _I_IIII! 5 Petroleum Co —20 g Standard 1434 1 • Standard 21 'C 23! 40! ZZZZ5 Jan 14'2 25 Co July ,__3 . -2.50 California. ___1 Hehi 23% Jan 30% — 10 Standard Sunbeam Heileman 56% May 392 Paper 50 111 35! Feb 54 Brothers of Jan Jun 47% 1,800 1 Square D Co Standard Oil 1531/4 July 28! 310 49% common Raisin Rockwell 43% May Jun Jan 69- (19 58% July Mar 38% May 24% Jan 150 Apr 1,400 55! 46% (Un). Schwitzer 84!! 54! Mar 31% 46% 1 & Chemical 663ii Feb 30% 55 66 _ZZ_5 Jun Jan Jun 42 % (Un)ZZZZZ Feb 44! 24 Great Lakes Dredge «fc Dock 2 Greif Bros Cooperage class A_: ; 45 Jun Jan 48 69 Schenley Industries (Un)_ Schering Corp 11% 71 8 74'% 3! 25% 3,100 66 (Un)__ 15! July 9! Jan 119% 71' _12.50 Jan 300 150»4 23'2 City Steel Co—— Drug Stores— ..J 2 400 19 19 __g Co_%—_Il5 4 75 G2 4 28Th,„ 481U 200 713 4 70 3 it __l_110 ; 1,100 8^ 1.66% ... Feb 2,000 54(8 i__.2.50 Rubber.— 7% 3 >:, 15 12 8'« a'nV 2 w 400 Feb 14' L- _wL——_5' com 595 it 91 it ,9 Tb : 3 1 ___ 051 62 Apr 8/L00 50 % 41 Reynolds Metals Co Reynolds (R J) Tobacco- 2G'ii,V 4 32! 30 45)% 42'A Inc Rexall Drug May 8 ZZ* Quaker Oats Co 9! Mar, 25 300 29! ! _ 91% July Jan 42% May 32% May Jan Mar 30% 5 1.903 8 52 _I_Il5 2,000 8 1 31! July . (Un) 22 11, 12 7 Feb 39% Jan — Oil 3214 12 x __ 1 4 _ , 19 3 (14 Finance Howard Industries ~~ "# _ZZ_ 5 (Unt 31'2 « 734 distribution ...2 (Un! Z2 Co of Indiana— Company- 19 3 4-1 10 Granite Illinois Co„_.. Pullman 32 2 ... * ... 91 '8 5 Rubber .1 !c 74% Feb 26! 2,280 2 Royal Dutch & (Un)^ B 23 203% 7,500 46 L, 1,80;) (Charles) & Co new (U11) 33%t Phelps Dodge Corp (Un) 12 50 Philco Con) (Un) —" _ZZ_x Phillips Petroleum Co (Un) I"_ * 66! July 42 24! 31! 200 _ Jan 13 54% 5! convertible prior preferred ~_25 Pennsylvania RR 50 People's Gas Light & Coke I_l25 Pepsi-Cola Co— ^33 Feb 52% May Feb 28% 25- July Jan 10 41 6.25 130 34! 500 53 (Un) Feb •" 100 10! 28% A._ZZZZZZ"" class 106 50 10% 39% - 23812 260 403«" > 1.200 2 34 3 it 8 .33 91'1» 2(1 "it - 258'O ' Transportation I'm Co 1,646 50 29 39% World Airways Co 126! 10% 30! 53 Patterson-Sargent Co —'ZZZZZ" Peabody Coal Co common. 50% July 25! May 10 7 is Jun n American 68% May 28 % 5 Feb 34! Mar Jun ZZZZZZZ ZZ7.50 . Electric Parke-Davis &: 46 ' 5 .: Co..J. _* 75! Jun 58% Corp__ Glass...,. .1 & 60% Mar 52% May 74 Gas Pan 48%. 50 3 V' Owens-Illinois Pacific 56 3 it Mar 47'.1 ' 30 3.i 2 Inc new —1 12 Oklahoma NaturaT' Gas Olin-Mathicson Chemical Mar 20% 48 ,___i .—.— ex .3.33 63Tit Mar 800 Aideh. Corp- ex-distribution —l'J_ll Oil 55! 51 a —____l Goldblatt, Brothers .!_, Gulf % July —_10 "ZZZZZ —__L 02! Jun 28% 900 39% 'ZZZZZZZ Manufaeturing Co_ 12% May 6% Jan Jan 1,900 130 49 5 11% May Jan 31% 30 _ Mar 61% ;* _10 5% July 27% Jan 5% Jan 11 500 4 31% 35% Ohio Edison Co_^_ Ohio Oil Co (Un 200 24 ' 3 Gerber Products.' Col— Gray Bancorporation Oak 59 3 it Telephone & Electronics Corp—10 • Northwest Jan Oil7it 24% 5 - General* Public Utils <W H Northwest 48Tit Mar 54% Jun 58% (Un)__5 General Motors Corn General Portland Cement Gosgard Jan Jan Jun 85 24 ' Dynamics (U11) !___1 General-Electric Co.—_5 Goodyear Tire • 100 100 200 65 50 ! 123! May. 24! Jan 6% 45! ~Z~ —5 _ 100 9! 5! July 54% July 3! Mar 11% 63 Feb 100 26 Co— 44!! 5!) General Cliddcm C6 (Minnesota 3% 46 CO — Ry Power 49% 53 48 12 Corp.... 1 States 150 800 48' 51% 15 Pacific Northern 4.000 55 „ Northern Service Co__ (Un) Airlines 600 -10 General'Candy Corp (The Jan 3.300 Co—.1 General Contract Glen Apr % May 37 47 ——40 Bancshares Gillette 72 Jun 1Z 1 (Uh) ; American General Tire & 185 Feb 32% 15% 5 W D Corporation———! Genl Jan 50"'a 500 Jan Jan 3% 1 High Feb 58! 36% Pfizer Fairbaxjk.svWhitney Corp General Box 147 2.100 29 7 it 1 __ General Natural Gas 22 I5 — (U11! Inc Northern 21% Co Freubauf. Trailer Feb 39 40! 200 —5 Illinois Gas Co Indiana Public 20! 27% i___!_225 Paso Natural Gasi—_ Emerson Radio «fc Phonograph Foremost Dairies Northern Jan 48% 50 Tii _ Corp .37! 8 'it 84 % —I5 Inc..—-. FaLstaff" Brewing Jan May Apr Northern 30 '/a 34% (Un)~ -I_IIl 5 1!) 126! ♦ Corp 200 50' ' lib. Chemical Co— General , Car 2,700 47Tj. ____10 Flour Mills of America Ford Motor Co. Amer 85 5 El F h .1 .: — Firstameriea; Corp I North 71 % 54 3 lu—T_'_20 preferred North Jan 32! _io Pont' (B I.) de Nemours Eastern Air Lines Incl— $1.60 Apr 1 2,400 3,300 3! 60! 10 — 14 35 % 64 Tit 31% ZZ July 6') Tit 503 Co 54% 150! 350 6% —5 York 33 % 45 Low 4! 11% 1 — 5 Mfg Range Since Jan. High 48 % 9! —1 32! Jan Mar 363a 2!>7ii" (Until Railroad 25 450 & Shares 3% 53% 26 __ .—5 (U11) 178 13% 175 56' Du Erie 1>-j0 22 Company—___~I Co 25 lit ' 44% National Central RR American Aviation 25 ; Dodge Manufacturing Co Eastman -Kodak 28 % it 43' 70:1 .—25 USA '1.950 35 * .... Ltd 800 38'., 28' i 41 10 _ 1,600 74%. 31 10 _ Curtiss-Wright Corp (U11V- Drcwry Register Distillers Prod 57 72 7it : National Gypsum Co National1 Lead Co (Uni Apr 3 To 5 ' Inc GO 66 % for Week 114! 116 t> -50c Corp Napco Industries National Cash Apr 45! May ___1.33% • America Nachman 25V4 100 .- Dow 500 % 05 July Jun 15 Edison; Co 6! Mar Jan :_15 — Detroit 33!« July Jan Feb 48 3 Continental Motors Corp Controls Go of America—!— &. Jun 3"'n ' 54% 50% L .5 _ 39 !• 1 Container Corp of America Continental Can Co Deere 30', 2,300 * III—Z" 21!! 14 _ of 40 200 5! Sales Range Low —3 A.._— 55 3 i — Colorado Fuel A: Iron Corp Gas System (Un 1 Commonwealth Edison common _ Jan 33'it 500 class Company 500 175 Illuminating Crucible .Steel Go Conv Muter Jan 900 * common Cudahy Packing Co 27 481/2 43% 25 Columbia Crane Co July 22% —8.50 —— Jun £ 800 —2 50c~cv~ Co Week's of Prices ft Specialties— 41% 12.50 — v. Consolidated Foods Consolidated • Natural Gas. Consumers Power Co..— 500 ' 40 64% Colcaaaii Co Inc . 42 Motor 21% 10 Electric 30% Muskegon (The) 43'-. i Co Iron 3% Jan 327! Mar Vernon 22r,i! —25 preferred . Apr a Mount 1 J City Products Corp- 25% May 2! 5 Pacific—* &'Electric Cleveland Cliff's Jan 6.700 , Jan 33 25 conlmon; ; 18 '/4 3!)' i, i 5 common So <te o i it 203/4 1,300 „ 30% 5 A Chrysler Corp Cities 24% 393 Northwestern Gas Jan 400 23 3 1 Monroe Chemical Co ; Monsanto Chemical (Un).—___ Montgomery Ward & Co_ Motorola Inc lo Service preferred Chicago Souih Shore Cincinnati 22 22 3 41 i__* _ Towel 45% Mar .21% • 30 hi Ry com * preferred ——100 Chicago Bock. Island Pacific Rv Co.* Chicago 21% July Jun 2! 50c Corn t: Jan Par 30% Julv hi 34r'« 223.i 25 Chesapeake & Ohio Ry (Uin Chicago Milwaukee St Paul & 5*&;• series Jan 14 1.500 _lo Refining convertible Chicago 19!! 2.200 36 _30c Corp Public Cbamplin Oil Chemetron 4.200 21% __ Soutli & 30% 21% 22 5 Last High 3512 % Friday Sale Price LOW 213 4 - 10 Range Since Jan.1 High 28% u july STOCKS Shares 3(11 a__5 Gas Ltd Brewing Central--Illinois 301 I - common Central $3 6 Inc Canadian Pacific (On) Carrier Corp common! Celanese Corp or America Centlivre Low ended for Week of Prices Pur for week Sales 59% 55! 60 88 87! 88 16 17 » r Co.. ..5 ; 1 17 118! 118! 120% 59% July 20! Mar 80 May 40% July 41! July 400 28 Jan 34 200 36 1,600 Mar Jun 40! 23! Jun 27% 900 53! Jan 60 96 84% Jan 90! Feb 900 12% Jan 976 95! May 18 Apr 132% Jun 1.100 Jan Jan July Financial Chronicle The Commercial and 38 . . 1959 Monday, July 13, . (186) OUT-OF-TOWN MARKETS FOR WEEK RYNGK ENDED .11 LV JO * ~ Pacific Coast Stock Exchange Friday Week's East Range of 1'rlees for Week ale Price Admiral Aeco • Warrants" <Un; Chemical Corp <Uin Allh-Chalmcrs Mig Co (Una. Aluminum Co of America 5';; ZZi 12 hi 3,800 9%; 1,300 7 Vu Feb 118 100 !)4 %» Jan 120 .....10 .. 33 hi 33 34 2,400 20 7 a Feb 34 36i 30% — * 86 Viscose American Am pes 30% 1,500 :• 33' , 33% 28-"/1 ...— (Un» 23% Jan 27 July ^ 900 46 V, Feb 62% July 10 1,100 12 Jan 19% May 14 Jim 18'*% 14h» 400 48% 6,200 25%; Feb 44% Feb 477i; 15%; 2,600 Jim IB3), 44 July 561, Feb Jim 15% 82 81 % 82 'k 3.700 100 99% -100 300 91 Jim Apr 106% Jan 49% 50% 600 37% Feb 50% July Jim 84 Feb May 84 i (321 02 •%, 04' a 62 1,900 i; 33 100 : 40' : 79 77% 3(H) 651 30 23 1,100 21% 21% 600 19' b Feb 30 % 32' 7,100 27:s-1 Jan 32' :, 46% 100 43'% Jim 523, 6 hi fi'h 1,300 6% May Shi, 3%: 200 3 % May 5 .1 Ajir 15% 3,400 10% Jan 17% May .14 Jaii J 7 %; July Feb 4:ii Apr -3 15% Corp (Un)—13 Baldwin Securities (Un); lc Baltimore A: Ohio. RR (Un) — — .100 17% 15% 17V; 4,700 3% 3% 200 3% 42V, 1 3% (Un; Corp Mig Baldwin-! ima-Hamilton 49 200 Feb 49 Barker Corp....:— Bros Consolidated Barnhart-Morrow Instruments Inc. Eecktnan . 3% 4,900 3 % July 5 Aircraft Corp Bend!:- Aviation Corp Beech - (Uh).. Dengue! Cons Inc (Unt Bestwall Gypsum Co (UnV Bethlehem Steel Corp (Un) Bishop Oil Co— Black Mammoth. Cons Min_...— 6% 0% 63a Juii 8% 9% 600 7% Apr C'hica Oil Stores Inc. Bolsa Borg-Warner Broadway-Hale New Budd Corp (Un)—< Stores Inc common i w Company preferred 6'< Bunker Hill Co ... Jan 37 100 29 Jan 73ho May 40% May 77% 100 67% Jau 85 1% 1,000 I %• Feb 2 39% 100 39 % July 59 3,400 49 V, 59 9%. 9%. 100 May May 7< 8c 8,000 34%, 40!i Jim 36% 2,000 7 3,700 57b Feb 100 21% Jan 24 ho 45 V; 1,000 38 Feb 45' Aldcn Humor May Apr Oil 5 California Ink Co.. ——5.50 California Packing Corp new———5 Dry Corp (Uni. Southern Petroleum ■Canada Chrysler 20 h, Columbia Iron— Broadcasting Columbia Gas & System (Un) System Solvents corn (Un); Commonwealth Edison———— Commercial Electrodynamics Foods Consolidated Continental Corp Co Can July International Oil 41V. 42 Oil Motors Corn Products Oil Cresimont American Oil . Co Curtis Publishing Co Curtiss-Wright (Un) com Kennecout Records Feb Lear Company Productions Fruit DiGiorgio B Class $3 Dome Mines Ltd (Un)— DuMont Lab (Allen Inc Lines (Un) Eastman Kodak Co Elder Mines Electric Natural Gas Auto-Lite Co Electric Bond El Paso Electrical Emerson Products Radio A: Emporium Copwell Railroad Apr 25 For footnotes see page 44. Inc Aircraft Lone — Jan Jau 46% July Jun 59 59%. 200 69c 2,000 64 1,300 40 400 34 Feb 67% 42% 400 23 ha Jan 27% Apr Feb 500 4(5 Apr 58% Jan 40% July 32% 33 600 29% Jun 36% Jun July 1.50 Jan Jan 3% 54% July 65% Jan Jan 26% July Jan 7% Manufacturing Petroleum 1.15 10.400 2.75 600 54% 56 200 60c 91c Co..„ .26 July 31 31 200 600 39% Feb 57! a July 400 86% Mar Jan 101% July 40! a 600 29 Va 9% 100 3% 4.000 54% 100 51% Jun 59! i» Apr 80%. 300 60% Feb 81 Jun 37% Feb 45% May Jun 12!b Apr 1.85 Mar 3% Jun 9 61% July Feb 1,500 9% 30% 200 11% 11% 500 12% (Un) 67ha Mar Nit 4hi Jun 50 V2 Jan Apr 31% Mar 28% Jun 300 55 17% 2,300 1173,' 17 124 % 700 31%- 31 32 Va 2,906 16% 10c , 63 11% 13% Jun 12% July 75 Jan Jan 124% July 39% Apr Feb 28% Jan 25 Mar 54 Jun 30% 400 28Ta Muv 32% Apr 16% 16% 200 11% Mar 16 % July 32 32 % 400 32 July 36% Jan 46% 48% 1,000 44c 25,100 37% 48% July Jun 65c Feb 2 40% 200 38 Jan 41% Feb 48% 48 50 1,400 32% Jan 61% May 47 31 47% 49% 1,700 42! 4 Mar 58 Feb 17 % 17% 100 15% 22 Jan 40c 41c 40! July 40c 6! Jan Jun 8!'a Feb 73a 600 2.30 2 50 4,500 1.75 Jan 3% May 88 31 88 31 700 6938 Feb 89% May 19 19%; 600 18% Jan 22% Feb 24% 4,000 21% Feb 29 Vb May 100 7 7! it 2.30 19% 24! 24%. a a 35% July 41% Mar 26% 27% July 35:% 27% 14 14 100 12% Mar 15 Mar 53% 54 600 38% Jail 54 July 30% , 35 s,1 27 U 14 —2 —5 — Utilities Montana-Dakota 16 " —10 (Un; Monsanto Chemical 3,300 51% 30 20% July 12% Mar 13% —_ — Pielerred Feb j 601 7 Apr 30% 100 29 Jan 34 Feb July 20 Jan 50 48 Vo 50 Feb 50 14%. 16% 2,600 1.700 40% 16% * 1 A — Diablo 100 20 h, Co 13 Jan 20% Feb 5% 5% 200 4% Jan 6% Apr changed Name 14% Mar 18% Jun 60(i Jan 97 % Apr May 32 hi Feb Cprp —_______— National Biscuit Co (Un.i 1% July 2% Jan National City 17% Feb National Distillers & Chem Corp IIV2 Jun 16-% Jan National 27% Jan 39% Natomas Company •; 26 10% Jun Apr 17% May Feb 21% ' N Y Central RR 200 48 % Jan 64%. July Niagara-Mohawk 15% Jun 20% July Nordon 500 20 Norris 18% 900 83 38 45 1,000 Mar 52% 300 49% Jan 28:% 28% 200 26% Jun 31% 3xV« 31% 400 28! 2 Jun 34 Va Mar Jun 12% Mar — Inc (Un)15 (Uni—. 1 ; — England Electric System 1,400 13% Feb 17%: 51% —1 ——1 Lines Theatres Co —-—* (Un> Corp Ltd Co 1_. Feb 20 Mar North American Aviation (Un) 72% Mar 83 July North American Invest 43 58 Mai- 13 — ——— Oil 17% 1 31% 12%, 1,400 7% 7% 2,900 20% 20% 20% '300 303b 29! b 31% 7,000 37 Va 37(4 300 25,300 10% _ 100 16 Mar 22 May 43 43 %■ 500 41%* Jan 47 Feb 45%. 46% 2,100 45 % July 59% Jan Northrop Corp 7% 7% 100 77a 42 42 200 43% Jan 8' 6 May 39% May ) 200 6% Feb 9% May IOO 257 %4 257%, 206!2 Feb 262% May Oahu Sugar Co Occidental Ohio Oil 40%; 200 91%, 500 34 Jan 46 (Un)_— 55% 500 47% Feb 57 Va May 34 35% 1,200 31 % Jan 44% May 19% 100 3'% 3!g 3% 24,400 397u 40% 500 53 3 « 54% 700 20'4 19% 20% 2,400 19% 4% Mar 46% May 42 % 30% 2,100 27% 300 24% 25% 800 24% 25% 19 Vs 20 700 18% Jan 19% 22Vu 55 y2 56 m Jan 1.15 Feb Pacific 21V2 Apr 26 % May 56 July 13 Jan 1st 5%% 1st Industries Inc 25 25 25 —25 25 10 2 55 % July Feb 19% May 27% Apr 27% 6'i Mar Jun 2.75 30% preferred preferred 5% redeemable 1st preferred 5'r redeemable 1st pid class A 4.80 % red 1st pfd 4.50% red 1st pfd Pacific Indemnity Co Apr 22 1,53 4 Jan 39% July 30% 37% July 4 Anr May 55% ' 55! 34 % 25 48% July % May 24! 2 July 400 Jun 7pc 26 Jan 24% 3,100 Jan 1.000 Jan 23 61 33 6,500 24 250 31% 37 71 36 Va 70 24 V; 59% 300 f9c Jan 25! 4 31%. 200 Mar 450 8 60 V4 33% 11 31 Va 25! 25 48% 1,100 30V4 Clay Products Gas & Electric common 33% 12%; 52% Mar Pacific 48 % Feb 2.90 Feb Jan 39% 8 Feb Jun 39% Pacific Jan 34c 1.75 400 39 30% Jun Va Jan Jun 800 46 91% July 2!i Jun 757e Apr % Jan 1,100 14 18c Jan 20c 5 1,200 45 Chemical Corp_. Jun 1.90 20c * ;—5 20 35% 31% July 40% Jan Cement & Aggregates— 1% 600 (Un) Petroleum Co 21 Va Pacific 32 Vi 900 1 Apr 31%., . Ltd 5 — 12% Mar Jan Feb 7 24! a — (Un)— Jun 19% 26 18c 30%, Jan 19% Jan 1.80 __ ' —_—25 ——.—25 10 55% Mar 45% 19c 1 1 common——1 6% preferred ——5%% preferred Northern Pacific Railway Jan / 37% —.—1 (U11)—1 (Un)— Power 800 17% ————10 Nafi 18%, 78 to Jun 90% Jun 64% 43 .■ Fibres Automotive National May - 20%, 75c 2.3,100 1.35 Mar 2.90 Mississippi River Fuel Corp__———10 Monolith Portland Cement coin (Un)-* 18!b 79c 59% 57 Va 55 Feb 17%. 12 Apr Jan 79% Apr 64 % 12% 47 31% 54% 9Gc 19 1,V Apr Jan Feb 38% 54'a 2.95 Jan 15% July 92c 34c 200 200 96c Apr Jun Feb 30c 9% Jan 13hi 1 , 5% Jan 38% —25c 16% 12.50 Co_— (Urn — 89:% '14 51% July 600 40% 2.60 Apr 30 Mcrritt-Chapman & Scott (Uh) Mission^ Develop Co (Un)————5 Jan 36 51 88c 57% 63% Inc 59 Va sJun 300 8 80c 80c 2.70 51 Merck Feb 37% 1 70 39% Jan 35:% _10 —-1 Jun 12%, 20 Feb 31% 56 ———1 * (Un Jan 35 V, 5 Jan 53% 1.10 * common.—:— 52% 11% 32 17% 100 300 2.75 Merchants Co 26% Mar 5,900 64% 40% 32'2 17% Jan lc Jan 11% Mar 39% 24% Mar 53 !i 2,400 33% 21% 126% Jan 64% 10c (Un) 35-% 14!% 5 Jun 8% 47% 100 11%. if' 107% 100 21%' (Un)—5 (Un) 800 — 91% 300 9% 21% 56 Vi 300 14!'., 5 Ill 9% 50c 300 8 24! a May Jan 110% 14 r,« Jan 1,800 . 17% 23%. a_. Cement 50 19% 1.300 23;:: 30% 51% 55% 1 %t — Apr Apr 23% 1 co'mmon Montgomery Ward & Co (Un)— Montrose Chemical 32%, • 59% 56% 200 (P) Co new common Menasco 20% Feb 50% Jan 39% Mar 1% 200 42 V; 53 Frank Co Inc 36% 71% July Apr 2! a 5fc% 157« common—___ Corp & & Jan 58 Jun 56% -—.a—2.50 _a_—— M ff M lc M Oil Co 200 1 V;; 45 % .7% Feb 200 \ 42% 16% Star Lorillard Apr 1,300 31% • 4 2% 100 1% 42% _1 .a___4 Theatres 2,100 18 July 18% Industries 15%: 31% 83 53 600 2% 71!,, 138 Corp 46%: 500 18% July Mar 43 Jan Meier 3,000 2.50 153 32% Mar 30% July 20'V» Jan 62% Apr ; Jan 900 21b Feb 97c 51c 119% Jun 23% 12% Jan 53 71% 2% (Unt 4,000 II 300 49% 52% -5 10 (Un)—.— Navigation Co 400 1,000 Jail 25% July 13% May 800 M' Jan 27',4 July 116% Mar Mat,son 700 25% 150 150% 20:,; ' . 22 .400 l.j Jan Martin 157,: n" n0 22 3.00 Mar 103% 10% May 11%. 28 Jun 100 64 V2 48 53 Jun 2.10 104% 104% 53% 52% Jan Jun Jun 20% 5,100 45 Jan Jun 61 hi 42 700 % 30 293j 5hi ~ Apr 800 22% 2.4.0 800 52 hi 24' July 21% 44:x -ws- Apr 72 9,200 400 . -1.0 July 1,700 400 a H • 26 a Co <R Hi Company 5%: 20% \ „ 7.3 Jun 24%, Jun '64%"-Jun 30% Macy 5(3 37% 7) July v 1.25 — 54% 1 :600 • 20! May 53 V, • Co Jun 26 61% 33 90%> 20 (Un) Eureka Corp Ltd— Exeter Oil Co Ltd class A Erie 48 49%' 59 37 5% 4 (Un)__* Co 3 .4 25% 26 Jun 30% 72% May 51% 5 Corp Phono 22 58% July 18% Feb 90% __3 (Un) Jan 19% 54 hi 47% 53*4 5 * Share Co (Un)__ A; 16 59% Jan 54%, — 51hi l ; Ltd—. 200 8.75 Jan 11% . 1 — 21% —.-4 Copper Olin Mathieson Air 21% Salt Litton «:,u Jail Apr Jun 15% 11% 1. dcNemours & Co (Un)__ cuPont Eastern Mar com—33%c 50hi 47% 48 50c B)_ 45 — 25% 041., .* Dresser Industries common 12,400 (Uni 31% 34%. —___2.50 Dominguez. Oil Fields Co (Un)— Douglas Aircraft Co Douglas Oil Co of Calif— 95% 68% 67 % Mar Jun - 100 63 V. preferred——- Productions S5% 54 57%. (Un) 1 Company———_—10 Iiibby McNeill & Libby common———-7 Lithium Corp of America Inc.—— 1 Lehman Leslie 22% (34 2.50 ______ cumulative Disney A— 45 % Mar 95% Jan Jan Mar 39 Jan 24 99% 101% Loew's 500 f 30% ' 24V.; 1 class 84% July 75 28% . Light & 87 ' 38% ___10 Inc Corp Fob 17% July 100 —50 65c , — 1 (Un)—, & Deere Desilu 74% 7.100 (Un) Inc 46 h. 5!) —50c Inc 1,500 ?•> V: (Unt. Corp County Land Co_; Kern New Decca 84 Vi 1 7 % ■ 21%. 1 (Un) Corp 80% 17% .10 1 Lockheed 4?« 50e — 83% ——50c 1,600 0J 34%; 27% —* Cudahy Packing Co (Un 53% (Un.i_.!—.—* ,_33%c Tel & Industries 15'Tc Crucible Steel Co oi America (Un)_12% Cuban 1,200 Loew's —Inc ...JUnL——_ ____— 21 % —5 Co——— Preferred 56 —-* 16Tit 800 71%; 8%; 1 ——25 , 1 Zellcrbacli Corp common..-; Crown 54 ————1 —1 —10 41% July 500 69 5 - 54 .2.50 -50c —i 45% Apr Jun . 1 (Uni—. Co 400 _1 g- — Power Jun 900 32 —7% Jan 12% 34%i 30% 46% 22 38% 30 80% —2 1/12 July 37 54 Jun 29'j 1 — lc Laughlin Steel Kaiser 118%. July Jan 27% 800 31 % 10 (Urn..— Co Crane 84% 700 5% 48% Jan 26% Jail 20 V2 200 221 5$% 30% . Corp..—50c com 1.33% Continental Oil Co (Un), 32% Mar 1J'. 47a 25 (Un)__ 5!a Jun Jim 38 h; 21 hj 70% __• 2.50 10 1 (Un).: Jan 41 V; 'Shi Feb Jun 37 22',•> 21% Mar 21% 39% 13% 39% 29% common.,. Kaiser Alum & Chem Corp Apr 31 % 41V, July 300 37 53 3,% Feb 1,200 Tel Jones Jan 29 600 23:% 200 ———3 25 Canada of Johns-Manville 29%, July 300 Jun 44 3 « 44 12.50 (Unt Co., Jan 45 % Mar Jtui o Inc Co Apr 21hr July Jan 20 200 22% Continental Copper & Steel Ind com—2 Continental 4';. 30'a — , _1 (Un)—* Consolidated Edison Co of N Y 500 115 V; 118%. & Savage Mill— Cons ".Choi GoUld C.onsol . 41 V23% 1. Fuel 21'h; 19 i 700 1.100 29% —10 Corn Colorado 1 4 % _25 <Un)n.~——*. Co 20:' 30"i: 21V. —1% — __— Service Cities Clary Corp 1 29% 1 Canadian Pacific Railway (Un)——25 Carrier Corp (Un)— ______ ...10 Case (J I; tc Co (Un) : -12.50 Caterpillar Tractor Co common 10 C'clancse Corp of America • Cerro de Pasco (Un)—:— —5 Certain-Teed Products Corp —_—1 Chadbourn Gotham Inc,— ———1 Champlin Oil A: Refining (Un)_. ,_1 Chicago Milw St Paul RR com (Un)—«* Chicago Rock Island &' Pac (Un)_—_*• Canada 49! Co Cement Calaveras 36 Vi 1,000 it (Un) Co (Un) (Un; Nickel Kansas • Apr 27% 1 —• Co. .(Un)— 9% . 76 Jan —-—5 Corp.— 133b J till Jun 18% (Un; Electronics Int'l Jan 34 his 59 ,~ International Harvester 8 % 409 21% Jan 7,700 2,900 44 Imperial Development Co Ltd Interlake Iron Corp (Un; 100 600 Jun (,4% 2 7% 20':, 19% 18,000 Jade ■ 19! 63 % 26% 20% 76c Jan 3(3!i« 1,700 64%. 27% 70c 7% 21:! 80% July Ry (Un 1— Financial Corp——1 Stores Corp Intex 30 Jau Idaho Maryland Mines Ideal Cement Cov— 31% July 8 % Apr • Apr Jun 51 • Corp (Un)__50c —--5 Illinois Central RR Co (Unt —* Hupp 28% July 21%. 20 52! i l.nuO 80' 76 80 800 57 21 % (Un)———J —.5 Jan Feb 1,000 Jan 10% July 14% Jan 27!a May 41 7 Jtui 100 Apr 11% 400 26% Jan 200 20 400. 52 6% 19% «i 300 17 V: 51% 24% 28 7%. 22'1-'. 16% 6% 37 10%. 22% 10 * 26!,, 100 <) July 4,400 ;- —1 1 300 1: 51 Rubber City Steel Sound Howe 2,900 7' Calif & Co R) July a — of Co Tire & (VV Honolulu ;> 10% Corp , 31 ■ % •. •'» Jun (Un)—10 Western 28' 5/ 43% : Northern 28%. 1 May 100 Lakes Oil & Chemical Co 28% 55" 31 43 %» 51 —5 Corp Holly Development Co Holly Oil Co (Un)— Jan 12 23%; 42% 44% Jun 200 20% Jan 38% Apr 26% 39% 2.20 Hoffman Apr 0%. Ohi Apr 251 — Hilton Hotels Corp— Mai 14c 23% 35 % 35 '.11 56% 1 —5 ——1 10c Kaftffeld July 12 Feb Jun 5 Hawaiian Pineapple Hercules Powder Co 43 V, May 3(3% 9 46% 50.' 51 a, Jan 2 — Mar Cc 300 —. ... Greyhound Corp ———: Gulf Oil Corp (Un 1 Jun —10 —.2.50 . (Un).. Burlington Industries Inc Burroughs Corp ......... Feb 36hi 50c Finance Plan common Budget GOe 800 39% 1 ———1 —5 —10 '. 5 —5 Corn... (Un).. 7,400 8c May „ 1 Great Apr 1.45 59% 1% 5 (Un) Airplane Co Boeing Bond 2.30 90c 77% 5c 60 1 Jun 1 Groat 9'« July 37 '—2 - 49 Vu Mar — Great Jan 58 V. .-PI —1 8 200 Co Products Granite Feb 900 1.35 58 2 Graham-Paige Corp July 3% 8% —1 -5 1 1 — 1 5 Bunkline Oil Co—— Feb in- ' ... 44% Grace 25% May 48% — Co Petroleum Bpndini Corp Goodyear Jan 3 > 6 hi , 8 24 "r American Oil of Texas Good Apr 1 Jun Controls Co Glen July 4(3% 31 hi 29' 14% Avco Jan Feb 2(5% 29 V, 5 -2.50 Gladding McBean Si Co Feb 1 800 1 1 i,i — - Trailer Gladden July Jan 33 79 — - 37- Mar May 33 5 0 Georgia-Pacific Corp new com vvi (Un)_ Getty Oil Co— 1_.—4 Feb July 30% 400 3IV. 30% 64%; 900 79% 78 78 Li 5 1 New common,, vv i Gen Telephone & Electronics 89 76 4!B 10% 1 .5 Exploration Co of California—1 General Foods Corp (Un;— -A_ General Motors Corn common 1% General Pacific Corp— * General Public Utilities (U11; ...5 Apr 500 46%. 44 Jun 51 % __ General.Dynamics Corp. Genera! Electric Co (Unt 53'-May- 15% 7% General 48 % July 4fi% 100 —5 (The) General Jan 45 200 8% 51 General Jan 14% 44 Atchison Topeka Warrants 350 15% (Un)— Refining (Un ; A- Santa Fe (Un)—10 Atlantic Refining Co (Un)... ..... 10 Atlas 'Corp (Un j, —1 Oil - 46% 10 5 1 (111) & Co Ashland 50% Garrett 29% May 14 hi 1 (Un ).: Feb (32' 87« — Inc Fruehauf May JUn 26% 26% Corp CCirp Steel 39 46% <Un).... ——SO Oil Corp (Un)—10 (Un). 5 Oil Fuel Arkansas Feb 8% Apr 20% 1,400 (31 Co Andet son-Pricbavd 33 % 30%- 900 40% , 15% (Un).25 —— Jan 42 28% 45% 26 'di 241 700 33 ' 27 45 hi (Un) Corp (The) Anaconda Armour 28 ...._ Corp Armco 80 a Jun 5 Co Dairies I-oirniosi Fridon 7V2 _1 Corp._ Chem lc Motor Fcu'd July V,'July 104 % May July 2,600 39-:, Line Inc Tiger Much Food 8% 1 tUn,»_ 1..— Ltd Corp Flying July 38 May , 86 Flour Apr May- 108 May- 271 6,100 38'. 100 ZZi 20' 81 100 108 108 .1 ... 97 Apr 21 7% 25% Light Power tz Florida 22 21 (Unt — Co High Low 12% Jan 100 8% C'orp Firstameiice, Flintkote Apr 131 Jan 13'... American American Mar i: American American July . Feb 10%, Jan 7 6'- July 3 hi 300 May- Range Since Jan. I High Low 1 Airplane (Un) Ltd-—.—-km Federal-Mogul-Bovver-Bearings Fibreboard Paper Prod common Apr Shares 1 A— common- Oils Fargo for Week 21 Eng Nr Fail child 85C .July 7 100 118 5 Potash Ic Chemical Corp . A Standard Sanitary (Un) 5 Smelting & Refining (Unt.-* Tel A: Tel Co -—33 Va Tobacco Co (Un.i. — —25 American . 1 '•)' a 42c 34,800 7 91 Petroleum (Unt. American A'U'iines Inc com (Un;__—I American Eosrh Anna Corp (Un) 2 American Bdcur-t-Parr Theatre's (Un;_l American Can Co <UnV 12.50 American Cement preferred *-'5 Americand Cyanamid Co tUn)——_10 American Electronics Inc. 1 American A- Foreign Power (U.n)--, • Corp ''9' 12%. * Ltd Motors Feb ZZia Amerada American 17% 55c 5 1 <2 ....... Allied Aluminium 23% 100 7 .1 Inc. Alaska Juneau Gold Mining Co_ Allegheny Corn common (Un;.-- 80' 42c 55c -10c - - - Airlines ■ 63% Ma r 23% 1 Corp Corp Alaska 100 class lc Co Whitney Maxt 1 Fairbanks High 73% 73% Labors torit'.- Abbott I n. Low- High Low Par Pactor Range Since la Shares Price Par Sales STOCKS Range of Prices Last e Sales Week's rridav STOCKS ^ 23\\ 42 Jan Mar Jun 66% 29% Jun 32 27 Jun 29 Apr Feb Jun 26 Jan 26% Jan 25! a Apr 58% Apr 25% 300 24 _ 22% 24 200 24V4 May 23 Va May 22% 22% 200 21 !4 Jun 23% Mar 61% 62 200 52% Jun 71 5% 6 5,900 4% Feb ■ __ O Apr 8 Vi Mar Volume 190 Number 5863 . . The Commercial and Financial Chronicle . (187) OUT-OF-TOWN MARKETS Friday STOCKS Last Par Pacific Lighting COrp i;cominon__? $4.75* preferred $4.50 preferred $4.36 preferred Oil Petroleums Ltd Pacific Tel Gas & & Tel common (Un)—1 Oil Oil 30 31 10 400 60% Jan 70 21% Jan 2 1,200 82 44% 81% 82 200 —3 23% 23% 743i Jan 23% 400 18% Jan 66 Co Edison Jun 18!a Jan 96c Jan 84% Co ' of J International 900 49% 52% 1.100 26 27 600 Jan July 73% Feb 85% Mar 29% Apr Gimbel Jail 49% Hamilton Watch 80% 24% % 48% 500 12 12% 13% 200 48 13% 10 of 1,500 100 10 100 18% 19% 500 33 32 34 600 36 35% 36% 6,100 7% 8 60 60% 600 15'% , 15% 1,000 60% __ __ Jan 23'/a 39% 22 Jan ,27% Jan 45 Mar 35 600 14% Mar 17% Mar 12 Jim Mar 43% 7% July 58% Jan 67% Apr 21% Jan 15% Jun 51% Jan Jun 03% Mar 52% Jan 23 % 31% Jan 30% Feb 21% \ 29% 300 28% Jun 4%. too 37% 72-% — 700 4% ..... 100 29% 29% .. 21 % 29 % . 37% 100 4% May 34'% Feb 74 600 63% Jan 39% 74% Jun 57% 57:% 100 54 Feb 59% Jun 200 46Vn May 28% May 14% May 08 43 43 Jan 5% Jan Apr 400 64?%- G4:% 100 02% 51% 52% 7.900 49% Jun 62 46% 45% 47%i 1.100 45 50 62% Apr 51.% 6,200 49% Jun 59 Jan 64 Feb 25% 13!% 12% ' 7 '26% 25% 51% 58% 58% 33% 33% 26'% 26!% 61% 13% 61% 5 5,200 Apr Jun 58% 1.000 34% 1,800 18 Jah 27% 200 23 Jan 68 500 57 Jun 12% 10% 12% (Un)—_1 8,000 25% 61% July 9% Jun 25% .25% 2.000 25 1 3% 42% 3% ' • Jun 700 1,400 35% Jail 43% ll-o 11% 100 9 Feb Feb Jan 34% July 43 Mar 69% Apr 15'% Jan 29 . 5% 13 33% 3.400 79% 30% Jun '79so. 79% 75 Feb 86% Jun 35% 29 300 202a 20% 2,200 19% Jun 29 41 7% Juh 24% 100 22'% Jan 119% 119% 100 94% May Jan July 9% May 24% — 29% 2,700 19% Jan Week's 29% 29% 200 28% Jun 36 25 2.600 21 Va Mar 29'% Apr 21% July 23% May 21% 21! is 21 21 21 100 29% 29% 50 1,500 41% 42 .1,100 30 :o% 800 — „„ 38% 35% 53% .—10 ' 100 34% 53% 35% 800 12,100 1,200 __ . 39 Feb 42% 27 % Jan 31% Mar 35 Jun 123% Feb 31 !a Jun 44. Jun Feb 43% Apr 149 Jun 88 % Garfinckcl General $1 at (Julius) 35% 163 81!« 89% 82% 8,657 Jun 39% 75% 39% 40% Apr 421 30% Jan 41% Jun Apr Merck & Pcnnsalt New 45% 323 39% Jan 17% 47% 1,350 17 5 13% 8% Feb 8% 31% 28% 31 % 48% 48% 31% July 484 19% 46% Jail 47'% 70 !4 Jun 54% 70% 11 •% 70% 1,679 50% Feb 12% 519 64% 64 72% May 16% Jan 24 23% 65% 24% 46 % 2,846 44'% 10 Co Corp 42% Jan 50% 19% Jan 80% July July Jun 28 21% Jan 28 27 % Mar 30 17% 18'/a 528 Apr 17% 19 16% 100 58'li 9,594 16% July 44% Mar c 1 17% 57% 53% 47% 25 Jun 38% 55 Jun Jan 51%. 52% 43% July- 800 8% 300 1 37 1,500 400 200 07% 2 4,400 67% 102% 105% 43 38% ; 31' 15 22'% 500 Jan Apr 16% July 58% July 37 Jan 47 % July 16% Feb ,22% July 21 Jun Apr 21 21 15% 13% 15% 510 1 19% 18:,4 831 1 50%' 47% 19'-'% 50'/a 486 10% 17% 32% r__ 49 20 Jun 231/4 44% 38! 200 51% July 8% Jan _16%c Jan 88 !4 87% 88% 61% May 4.04 67'/a Feb 90 Corp 10 99% 239 74% : 10 Feb 346 33% July 271% Jun common 33% 98% 105% 33% 35% 28% 50 27% 23'4 3,057 19% 18% 19% 8,305 44:ki 45'% 50 15% 42% 50 % 51% 6,081 9,292 __5 _* 50% 10 50 — Co * 8 7 30!« 8 29% Co new * new 57 Apr May 40 646 25% May 37% Jun 44'% 22% 278 21% 25 May 79% 82% 87 Mar 82% 58 % 942 22 1,600 Jan Jun 757 72% Jan 22'4 Jun 24% Jan Juu 57 60% 1,013 45% Jun 25 % 62'/a 24% 25% 685 24% Jun 57% Jun 26% May 66 % Feb 8% 8% 184 8% Jan 52 51% 52% 691 48% Jan 58% 48 49 774 47% Jan 61 61 53% May 57 Jan 64 98 98 98 May 98 ^100 60 1,233 9% Apr Apr Apr May Pittsburgh Slock Exchange Friday STOCKS Week's Par Allegheny Ludlum Steel—. Apollo Industries Arkansas Fuel Oil ,_1 Inc_ Sales Range for Week of Prices Last Sale Price Shares Low 57 __ Range Since Jan. I lligh Low High 58% 160 453a Jan 59 July 9% 654 5% Jan 14 Mar 2 Apr 39 3'a Feb 36% Feb 45% Jun 36 7a Jan 20'/a Jun 5 9% Corp.—5 Armstrong Cork Co— ,_1 45% .33 45'% 45!i 55'% 53% 55y 21% 22% 8% 1,360 77a 24!a 1,089 23 "a Jun 27 Feb 152 34% Jun 40 Mar Blaw-Knox Co Columbia Gas 10 System..— 1 Duquesne Brewing Co of Pittsburgh-.5 Duquesno Light Co ; _5 Equitable Gas Co —-—8.50 (Joseph) * 9 % Mar Natco Corp 9 '/a 33 — 8!% '8% 24'a 24 i 37% { 38 32 7 75 298 350 » a Jan 55% July 24% Mar 8% Mar 58 44 Feb 59% July 37 104 33 Jan 40 1 — 58 37 ... Renner Rockwell-Standard Corp Ruud Manufacturing 46% Jan 2,100 88% Mar 1,400 43 July « 100 30 Jun 300 30 Feb 14 Jun Plymouth Oil Corp Mar 67% July 105% July 52! 2 42 Screw Bolt (The) Corp Corp 5 — : ——- 1 1,100 1 Feb 1% 17% 5 of America—_1 L 1 Engineering & Fdry Co Westinghouse Air Brake Westi11ghou.se Electric Corp Apr 15Va 44! 2 Apr —5 15!'a Feb 6 14! i Jun 4 800 3'% Jan 4 Jun 82% 86 118 91 Mar 26 73% May 26 26%' 26 31 Apr 85c 85c 200 70c 37% 37Tb 38% 125 29% 4 4- — _1 5 United Jan 34% & Seeberg Feb — Co — _5 — Pittsburgh Brewing common—. 2.50 Pittsburgh Plate Glass ———-10 42% Jan !A 1 — 44 % Mar 32 31% %■■ Apr 65 McKinney Mfg 34% J1111 Jan Apr 108 22% 58 % 13.50 — 9% Jan 36'% May 29% Apr 21% Washington Gas Light" common— * Woodward & Lotlrrop <jommon__—_10 preferred— Apr Jun 6 % 39!a 1 .__ 53% 46% 26'/a • United Corp ____; United Gas Improvement—— 29% May 20% Jan F'cb 22 % 22% common_2.50 Co_ Apr 39% * French Lab Jersey Gas Co May 105% July 35% July 31% 26% Brook % July 33% Jun 10% Apr 15% July Jan 20% Feb Apr 12 — 47% 22% 22% Power Service 24 —10 : Refractories——7% 34 35'? V 1 49 100 Co— 33 35 10 Feb 4,128 Home 31 11% 104 45% July, 2,003 35% Mar 400 34:!4 67% Jan 80% 53% July 2,300 %j 35% 65 % July 27 38% 267 Jun 20'% 3 Scranton-Spring 5% 63% July 23 75% common—-_10 Public Service Electric & Gas com Oil 49 5 t v wi Corp Potomac Electric Sun Jun Jan Jan 16% Philco South 11 43 Va July 9% 19% 1.66% — Kline & Apr 80 common—1 Inc common Water 1,764 20 50c — Smith 160 ' 12% • 9%® Bait— Inc Co. Paper Jan 15% 10 Pennsylvania Power & Light new Pennsylvania RR Peoples Drug Stores Inc.— Philadelphia Electric common Philadelphia Transportation Co Scott 35% Mar 104% 44% 5 Co Co Jan 86% Mar 8% 13.50 common Chemicals Reading 24 545 17% 1 com— Hudson Pulp <fc Paper— 5.12(4 series B preferred Lehigh Coal & Navigation (The) 1 High 40% ; Fund Low 45% s Motors Corp Brothers Madison Range Since Jan. High, 2 Acceptance Martin Shares ,_25 preferred General for Week' 1 Harbison Walker 49 % _16% _1 Jan 43% 37 United Fruit Co Gas Corp (Un)_ —10 U S Industries Inc common— 1 U S Rubber (Un)— ,—5 U S Steel Corp common 24 % Mar 32 Jun 41% 8% _ ~10c United 18% Mar 26 48 42% 5 ll 2,000 48% 12.50 -10 38% 146(2 146% 31',2 32'% — 25 100 Jun a1.80 JL Jan 24% 25 Apr a Sales Range of Prices 29% July _1 24% 1337 .81 % 25% Mar 20% 10 Universal Cons Oil Co —_i~__ Vanadium Corp of America (Un) Victor Equipment Co : . Apr 28% 20% 50c — 06'% July 33 6.50 ... Jan 28 '' * * ^ 53 % May 100 500 . 13 38 % Mar 500 ,5 —, July 300 41 8% 8% 3 common& Co % Mar 33 10 (Un)_ May 41% July 37'% Mar 43% July 33 % ___25 _____ 96 % Feb Jan 5 Calif 66% 65 8Tb Jan 3% Jun 42% 1 - " • Co... 12% Mar Jun _1 Inc— Jun 9% Feb 9% Feb 6% Jan 18% Jun Apr 20% Juh 28% Jun ~5 United Air Lines Inc— United Aircraft Corp (Un)___.—, United' Coirp (Un) Oil 200 18% 25 Pacific Ry Co Sugar 71 % 5 67 % 52% Tri-Continental Corp (Un).———i Warrants 1 ; Twentieth Century-Fox Film (Un) _l Oil 100 35 Co 44% ___10 — 96% 1 11011-voting 54% Feb —•—_1 Union Carbide Corp (Un) Union Electric Co (Un) 96% Low Dairies 100 25 _ A Motor 67% 80% *. ... Ford Foremost 300 6% common— 13% Jan 30% Jan 32% Jan 13 500 • Amer 39% 40% Apr 21% Feb 9% Feb Petroleum. Class 52% July of 19% July 35% Jun 24'% __ .» common- Co 100 __ 2 . Finance 67% 25 — Inc 600 200 Jan 39 25 . . 17% 41% 10 — 33! City Electric 19% __ common—* Publishing Co Delaware Power & Light Duquesiic Light ___» Electric Storage Battery Jan 29% May 21% Feb Jun common— Jan 100 35% Last Corporation 19'% 43 Transmission— Sulphur Co (Un)___ 17 Jan July 0 37% 1 Curtis 26% July Jun 54% (Un)_____lJ__ 22 35% Friday Company Campbell Soup Co Chrysler Corp 36 % July 47% ; Apr 17'4 .-__25 ____ Baldwin-Lima-I-Iamilton Jun 42 Jan 100 <Un)_ Oil 50 % Jan 25%. 1,900 Transmission.. Union 43 3,900 Corp Union 21 % 48 - 17% 34% Jan 44 41 Buad Jan 27% Steel Baltimore Transit Jun Til Wood Arundel Atlantic Apr 24% Mar 28 % Mar 59 (Un)__ Cuban 100 36% 44% (Un) Jun 41% 1 American Stores Co__ American Tel & Tel 38% Jun 48 ——-25 Tisliman Realty <te Construction Co—.1 Transamerica Corp "Ex-dist"__——2 United 35!2 27 , Sunray Mid-Continent Union 900 56'% (Un)_— N 106 July 37% 52'4 50c Chemical Co Studebaker Packard Co 22 26% 2 — Stauffer Oil. Preferred 1,300 43% Inc Tidewater 1,400 58T» (Indiana)— Co 1.35 20% Jun 40% Jun 44'% California 36 100 Par Alan Apr 25% May 29% Jan 36% 5 (Un) Inc 200 1,000 25% __ 1 Oil (Ohio) Stanley Warner corp Textron 38 42 % 37% * of 950 22 -__10 Jan 55% Jun 23% 00 . 79% 21% 41'% 22% 900 _15 (Un) Statham0 Instruments Thrift-mart "» 21 % 41% 1 Service Standard Texas Gulf 86% 37% 21% —25 com 13% 35% Sale Price 50% July 109% July- Feb 48 % —5 Public 67 common—25 Co Jun Philadelphia-Baltimore Slock Exchange 39'% Mar Jail 900 86% — .. A____ — __25c STOCKS 11% July 79% July 28% Jun 31% 1,000 1 (Un) Inc 700 200 Jan Mar 4,200 _3 . class Raflhvay Co Gas 4,200 50% July 8% 67 1.30 _20c _ . Warrants (U11) Standard Brands Inc Texaco, 30% (Un)—_______—2.50 Sperry-Rand Corp Texas 200 25% pfd——_——————25 Gas 28'4 8,400 54% —._1 Southern Pacific Co Tennessee 21 11 % 79% 1.25 c — Telautograph 51% Jun 100 • 23% —•—-1 Southern Calif Gas Co pfd series A 6% preferred Southern Cal Petroleum Co 1.100 21 52% ______lo Inc_____ conv & 57 30% July73% Apr 29% -20 preferred Sunset Feb — 4.48% Swift 19% 24% 1 •' — 4.32% Oil 2,400 50 — Standard 70'a July 1.25 Co— Smith-Corona-Marcliant Inc Socony Mobil Oil Co (U11)— Standard Oil 30% 108'% 109% 30% 109% American Shares)-.——_—_— Sinclair Oil Corp (Un) ____15 Standard Oil Feb 10% Simca Southwestern 43% K 77% . (Un)——1.40 Corp—. Southern Apr 800 21 50c <— Signal Oil & Gas Co Co July 48 69% 56 56 ,—10 Shell Transport & Trade Co Ltd Southern 66 27 1 (Un)—— Calif Jan 39% Jun 30 -5 _____ Southern 59 09 1 Seaboard Finance Co__ Sears Roebuck & Co——— Servel Inc (Un)_ Siegler 100 41; 69 . Jun 300 41 10 Water 66 41% —1 Ry 475s 8% 34% 1 Wilson & Co Inc (Un) Yellow Cab Co common Preferred Zenith Radio Corp (Un) High Jun 100 9% 40% 24% Jan ;—5 ; Inc Western 36% May 52% Mar 86% Mar —5 Shasta Feb 100 1,400 47 Lines Low 42 % 37% 40 Union. Telegraph (Un)_„ -2.50 Westingliouse Air Brake (Un) 10 Westinghou.se Elec Ccrp (Un) 12.50 Wheeling Steel Corp (Un) Jun 62% Air Range Sipec Jan. 1 300 22 (Un),—5 (Un) _4 Co Shares High 9% Insurance Coal for WeCk 44%. 44% 111 Western Dept Stores Mar 31% , Serv.cmechanLsnis May 10% 02% Co______ Co 45 31 46% Regis Paper Co (Un); San Diego Gas & Elcc common— Corp 36% Jun 29% • Paper " 29% (Un). Scott Jan 46% Safeway Stores Inc—__j__—__1.GG% Sobering 20% 3 Co Industries Apr Life1 Kentucky Western Apr 45 Feb Coast West Jun 35% ' ——5 (Un) St Joseph Lead (Un) Sfc Louis-San Francisco 179% 15% Apr 26% Jan 5% Jan 6,000 40% Jan 23% Jan 1,500 9% Feb Jan 36% 2,900 West Low Water Power— Petroleum pfd (Un) Westates 5% Apr 19 % 149 400 19% Washington Sales Range of Prices Par Jan 89% Jan 13% Jun 1,500 44% 38% ,— Schenley 28% 19 9% Corp———___— preferred 740 40% —— 5% 900 —* Manufacturing Ranch 14% 1 Rockwell-Standard Corp (Un). 5 Rohr Aircraft 1 Royal Dutch Petroleum Co (Un)—20 g Ryan Aeronautical Co new com__. * St 2% 28 12.50 Rexall Drug & Chemical Co Inc.——2.50 Reynolds Metals Co (Un)_ 1 Reynolds Tobacco common (Un) 10 Rice 500 33 %C Corp of America (Un) Rayonier Incorporated Raytheon Mfg Co (Un)__.— Republic Aviation Corp (Un) Republic Pictures (Un) .. Republic Steel Corp (Un)__. Rheem 3% 30% Radio Richfield 84% Week's Last Sale Price 99% Mar 94% Mar Jun 10 Friday STOCKS 55% Jun 43% _*_33VaC (Un) Reserve Oil & Gas 06 85 19% Co common Jun 85 28% (Un) Puget Sound Pulp & Timber— Oil 47"a 60 174% 175% • 50 (Un)__ Petroleum Co— Inc 88% 14% 175 Corp Procter A- Gamble 14% 10 High 91% July 3% 100 .__ — Pure .10 __ ^.1 Pan American World Airways Parke Davis & Co (Un) Pullman 1,500 91% Development—33 %c Pennsylvania RR Co (Un)— Pepsi-Cola (Un)— Pepsi-Cola United Bottlers— Pfizer (Chas) Co Inc (Un) Phelps Dodge Corp (Un)_— Phillips 51% " Pacific JULY Range Since Jan. 1 Low 50% 88% * " High '91% ——" Pacific Philco 51% * — — Shares WEEK ENDED for Week Low * FOR Sales Range of Prices ' Sa Ie Price * RANGE Week's 7 8n.'t 16% ' ,— __ 10 35% 96% Jun May 1.00 Jun Jan 38 % Jun 7 % Jun • 300 5 Jan 8!b 25 7 Jan 10% Mar 16!b 23!a 39 13% Jail 22% — 12.50 7 86 Jan 335 16 Jun 19% Apr 23% July -33% 35% 411 32 Jan 38% Mar 94% 98% 685 70 % Feb- 98! July a CANADIAN MARKETS RANGE Montreal Stock Prices Shown Arc Expressed in NOTE: Friday Last Par Abltibi Power & Paper1 common 4 % c/o preferred common * Friday Last Sale Price 44. 4 Aluminium Ltd Aluminum 4%% Sales Range for Week of Prices Shares Range Since Jan.1 High Low 38% 39 4,741 23% 225 23 Feb 34 "4 May High 40 Feb 24 11 11 Apr 100 10% Jun 11 % Mar 18% 200 12% Jan 40 18% July 42 23,775 35% Jan ——— of Canada preferred 4'jo * pfd_—25 —— 50 Anglo Canadian Pulp preferred——50 Anglo Can Tel Co 4%% pfd 50 Argus Corp Ltd common—r___ • $2.40 preferred ._——50 $2.50 preferred i 50 Asbestos Corp 1 —• - 17 "a 41- Co 42 July Atlas Steels Ltd Bailey Selburn 5% 5%% preferred Week's Sales Range for Week of Prices Shares Range Since ~ ' 23% " * page 10 Canadian Dollars Week's Low 38' 25 * Algoma Steel see JULY par Sale Price footnotes ENDED .stocks' Holiday last week, this tabulation is for an odd period. (Friday, July 3, to Friday, July 10, inclusive.) Acadia-Atlantic Sugar Agnew-Surpass Shoe WEEK Exchange Due to the STOCKS For FOR Bow 35%. —. 45% Banque Canadian National —25 —.25 __10 34%.36% 21% 21% 45 -45% 52 52 .40 40 40% 41 38 41 — 85 85 Jan. 1 Low 48.033 26 % May 550 20% Jan 42% Jan 4,835 50 125, 2,357 High 36% July 22 45% 1 Feb Feb 51% May 53 Feb 40 May 43 Jan Jan 42 Mar .32'/4 225 71 85% Feb 47% 47 47% 290 46 Jan 48 Jan 30% 28% 30% 5,425 27 May 36 Feb 28 2,361 24% __ —• preferred _—; High 26 — — 57% 20 a20 57 Jan Jun 29'% Feb 20 100 20 July 24% Jan a20- 100 20 Jun 24 Feb 3,750 54 Apr 63% Mar 57% 39 The Commercial and Financial Chronicle . . . Monday, July 13, 1959' CANADIAN MARKETS WEEK RANGE TOR Last Range Bank of Low 02 3, s 59 62% r3.70 ——,—— 3.35 3.70 58,404 Apr 05% May 33 Mar Bank of Nova Scotia-— Zl'o 78 77% 78 % i .330 -10 39% 38 % 39% 931 47 47 75 45 30% 32% 580 27 .25 42 7ii 42% "43 23,085 .50 45% (Canada)_; Bathurst Power & Paper class A~— Class ' B Bell Telephone Bowater , . Ccrp 5% preferred preferred--.— 5%% 185 48% 100 7 7 7 Vu 3,401 0 48 50 47 5 Va —X—--—— -100 preferred 4preferred 5% preferred 4 V4 ';c preferred 5^2% preferred —; — - British Columbia Canada — Canada Canada 5% Canadian 49 315 45 Mar 49 July 91% 94% 1,315 34 33'A 34% 2,202 31% Jun 37 27% 27% 479 26% Jan 28% 32 ,——26 • 49% 50 51 10 a 67 Jun 76 Jan 25'A 49% 12'A 730 40 384 11 49'A Mar 12% Jan a 13 South;, Jun 04 03 04 2,582 54 Jan 39% 38% 40% 8,324 35%: Jan 42% May Southern 38% 40 175 35% Jan 42'A Standard • 10% 15 • 100 , common... series 23% 25 1,030 210 90 35 23 Canadian Canadian Converters class A pfd..__20 Cottons 6?c pfd 20 Canadian 11%. Husky...—1 Hydrocarbons * Jan 32'A 8% Jan 10% a4.00 20 10% 890 33% 125 10% 10% 12% 1G% 17% a75 a75 15 Webb & Mar 14'A Jun "A" Jan Feb 12 20 Feb 74%> Apr 80 Jan Jun 24 —* ■ Canadian International Power • 47'A 30 — a82 a82 29% 13% 13 %4 IS1?)! 510 • West-Nat Gas 5l%% 20 19 20 095 11% Mar 18'A Mar 20 20 200 20 20 14% 15% 045 12'/s • 18 45% 895 Jun 82 15 May 27% Jun 8,120 May 814 9 240 8 May 13 13% 2,325 11 iJan 19% 20% 5,338 19% Apr 2.50 2.55 1,000 2.25 Jan 33% 33% 175 32'A July Crown Zellerbach class A— July 100% Jan 35 75'A Jan 88% Jun 7.85 Jun 11% Jan 2,483 1,475 V - -v 55(j 7.000 10'A May 19 4)9% 14% 1.99d 30 31 II,020 V)0 Jan 98 610 - May 35 Jun Jan Jan 530 40 Jan 43 40-. 40 40 45 Jan 522'i 36 •39 5,255 32 % Jan 39 '74 85 05 Jan 31 40'%- 46 .?•' 40% . * " Feb May , 30'A Jun 56 Jan 1-t 10,155 10 Feb 10.140 08% Jan 90% July 31 3.340 23 % Jan 35% Jun 22 hi- 30% V2%- ,72% • ■"""7.4% July 74 350 04 Jan 75 Mar 04 905 51 Mai- 64 July 2o'/« 2a'u 7:573 25 Mar 31 4.20 4.30 12% . 03% 04 . . ,11%; 37 35% "42 ....——■ Jan 33 Mar Feb 2,250 3.50 42 % 41 al9:i 10% 850 34'% al9:! i 90 i 42 105 105 20 57 0 : • Mar 27% . Jun 4.-10 Apr 44% Apr 19% Mar Jan Jan 44 Anr Feb 34% 025 •2 29% 'Z 35t^-.35% 42 Feb 13 Jan 15 Jan 3.70 July . CAO 3.75 , . 4.20 3,100 . 200 2.915 12 , - July 90vi aOO a6-9 84' ' - 16% Mar 12% May 29% Jan Feb Anr V7V-j Jan 19% Mar 15% July 98% 40% : % ......100— 105 107 Feb 40% May 35% May Canadian Stock Exchange 19 450 18% July 21 Feb al8% 18% 25 18'A Jan 20% Fob 23 a 23 485 < for Wrcek Shares Low- Rir Feb - Range Since Jan. 1 Low High High 1.00 Jan Abitca Lumber & Timber 40c Anglo-Can Pulp & Paper Mills Ltd—* 37% Jan 6'A Jan Anglo-Nfld Development Co Ltd 5 Arcan Corp Ltd_ -* Belding-Corticdlli Ltd common— • 7 7c preferred f——^——————100 24% Mar Jan 21 Range of Prices Last Sale Price Feb 4.10 odd period. an Sales Week's Friday, STOCKS Mar 14 • is for (Friday, July 3, to Friday,-July 10, inclusive.) ' Jan 15'A 22% in Canadian Dollars: Shown Are Expressed Prices Due to the Holiday last week, this tabulation NOTE: 35% Mar 18%; • ; 13% 94 21 10% —1 —* common.. May- 16'A Mar Jan 1 B Limited Zellers Jan 23% • ; Va Mar 10 8.10 —• ... May 31% Mar 8% • -• A— 9 .6% May 205 -13 % • preferred 82 . • Glass 30,353 85%"" * 30% May 27%: Jan 2,772 ' 20-,« • -———— class 2,480 29 28 -- , • Combined Enterprises Consolidated Mining & Smelting Consolidated Textile Consumers m pfd—20 Cockshutt Farm Equipment Coghlln (B J) "s • 41% May . 15'A May 25 Petrofina Ltd preferred Canadian Vickers Class 4G% 29 ;—100 Canadian Corbys 18%. 45% — 29 • Canadian Pacific Railway Feb Jan 18% —50 preferred Canadian 18% 10 Preferred Canadian Oil Companies common AVe, -- Jan Jan 15 Jan 7% ■ Preferred 22% 38 87 % 30% P, jun 10 .34 -1 1—• 10 warrants...—— f'lnit; % July Jan Apr 180 14% s Weston (Geo) Jun I.754 18%* 14% Knapp (Canada) Ltd class A Jun 36 14% 43% ;;90 11 ■ 74 — Feb Jun 9.934 1 30% Feb 7 13 io 7.95 * 69% Mar 414 20- . : 39% Worts • 40 . 86% * 18 15 25 39 Oils Steel Corp Walker Geoderham Jun Jan 700 42 87 Pipeline.——-—---—* United Jan 10 525 823 Canada Jan 25 3,234 • Jan 3.75 3.00 Mar 9% 11% 17% Triad 13% July 1G% --—— Apr 29% 88 —* Trans 4,570 13 % 32% Canadian Industries common— Jan Feb 7.95 ■ -50 of Canada Mar 23'A 85 .10%. Power— 90 ' 30 33% — Steinbergs class A.. Texaco Canada Ltd—; Toronto-Dominion Bank 380 31%: Canada Steel Co . 50% Jan t.a90 Structural Steel. Feb 8.25 July Jun — 25'A Jun 75 18'A a4.00 — 10% Apr Jun July 17 Apr 4.85 22%: Jun 5,480 12% Fairbanks Morse common—• • 22% 31% .31'A 12% Chemical Cellulose 0,000 8.25 22 % 90 1 • — 17 7.00 22% 8.25 • 11% -• pfd_:—...... Co 38% 41% lp % —— m • .... 4%% B 2 455 .1'.. Simpsons —25 — 05. preferred Series Jun 440.. .10 Shawinigau Water & Power common..• Series A 4% pfd..————~—50 May Jun 59% —100 Salada-Shirriff-Horsey common -i.-—* Jan Jun Jan 4% class A*. Cement 43 35% 61% 10-?.; 100 • Feb 185 10 * (Canada) common. Lawrence 5% Feb 25 V) St Lawrence Corp common—— Jan 37%.Mar Jun (A 5%% preferred Mar 10 71 48% 12'% a 30% 1.305 a21% a'25% —12.50 common 33% 08% 71 Canadian Canadian Apr St 27'A * preferred—... Canadian Jan 99'A 9 94'A common- & 39 12%. .. Apr Feb 900 05 19m * (James) 685 88 V': .42 —50 1 —-* — 36% 36% . -86 i 87 14.% -14% i * common— Jan 1,887 33 Transport 32% July 34% 40% • Jan -43 80 class A— ——* Royal Bank.of Canada— 10 Royalite Oil Co Ltd common.:.— s 32'% 10 * Roe 375 12% 9.25 July 300 9.30 ir Holland Paper 1,705 13% Jan 36% 03% 44 '!'«•- Jun 341 13 V, Jan 18% 9.15 05 13% 42% 13 76% Jun ..—.20c — 47% May 14% Jan 42% 13 Apr 12% 9,140 , Feb 100 Co 22 14' Jun Jun 35 V3 135 a 24 23% 30 Vs Jan 2,087 July 28% Jan 38 Mar .32 4 O.j Robertson 37 58 Feb - Feb Apr 40 1,590 Jan Jun IS 50 540 34 40 Mar 52 Jan Jan 981 5,205 83% Jan 41 Jan 12% lb Fco 52 30%. 5% preferred Quebec Natural Gas Quebec Power r Jan 49%. 420 9(5 ' 38% May Jan 18% : —• ... Ores— preferred Provincial Jan 94 52i a Feb 38 150 10% 40'% • —— 4% 27 20 50'i* 14% 18 140 51 15 79 Canadian British Aluminum Class A warrants.— $1.75 Mar 48'A Canada Mar J ;un> 33%. Price Bros & Co Ltd common—^ Julv 43 ——20 —-—— Canadian Celanese Power Corp of Fremiti in Iron 78 51 38 i 52 ——• Powell River Company—— Feb 13 ——-— 5% Apr 44 'A Jan 33% Bronze 52 Jun 20'/4 May Jan * —— Jun 40 Jan 40 -* common Jun 75 52' High . 17% 1.005 a05 • a95 18% \ —* 49% 75 — • Canadian Breweries common Preferred Penmans 42 40 —25 Bank of Commerce Canadian July common Page-Hersey Tubes Apr 50% 1 Steamship July 78 A—— common preferred 7'/» 49% Mar 37%: Telephone—— Malting common preferred 4Ya% Feb 15 Foundries common Iron 50% 42 —50 - preferred 46% May 78 —50 — Cement common $1.30 Canada Mines Ltd—— 7% .48 32% Ogllvie Flour Mills common—— • Ontario Steel Products common———* Pacinc Petroleums 1 Common warrants —v-—1-# Low 19% 47% Range Since Jaa. 1 High 18% , • Steel Noranda 35 25 5,251 __ Building Products Calgary Power 50 38'% Corp National Feb Feb 42 —50 class 50 36% Car Feb 35 78 __50 British Columbia Forest ProductsBritish Columbia Power— Brown Company Bruck Mills Ltd 5 "4 LOW -• .100 Morgan & Co common.. '4%f«.: preferred _ — 51 % 42% May 47% Mar 3,303 50 38 British' American Oil common—— British Columbia Elecric Co— A% Jun Shares iT'.'t 44 . Jun 5'A £ .50 Brazilian Traction Light & Power.,. British American Bank Note Co- ———— Jun Jan 48 5% 1— Mersey Paper 5%% 45% July Trust 79% Apr 45 Montreal 40 • pfd- paper Bo waters May May 39% 48'% .50 ~—-— Eowater ' 3.70 for Week 19% • 5 Montreal Locomotive 62% July 2.80 RaDge of Prices Par High Feb 53 13,354 Banque Provinciale Last Sale Price Range Since Jan. 1 High Sales Week's Friday STOCKS Shares Low Montreal—————— -10 Rights 10 for Week of Prices Sale Price Par JULY ENDED Sales Week's Friday STOCKS 1.60 Feb 11 Jan 8% Jan 10% Apr Mar 40 Jan Jun — Distillers Seagrams Dominion -Coal Dominion 5 fp Dairies preferred preferred 415 al8% & all) al8% 12 • 12 Coal. 25 Mar 92 Feb 14 % 14 % 105 14 Feb 15 May 20% 20%. 20% 2,205 • 73 09% 75% 1,935 22% Jan Canadian Ingersol Rand Feb Canadian Int'l Canadian Power 18 19% 29,305 14% Jan 19% July 20 20% 200 19% Jun 20% Apr Canadian Silk Products Corp 11% 10% 11 V« 3,435 12 Mar Canadian 3% 15% 15 15 % 3,800 19 Feb :• 45 45 45 007 • 20 20 27 1,890 — (1956) 50 July 80 Jan Crain Jan 30 Apr 5 Jan 10 July Dominion Engineering Works Ltd • Dominion Oilcloth <te Linoleum Co Ltd 948 Ford 5 75% 74% 75% 1,044 25% May 50'A Feb 75% July 14% 14%. 14% 5,520 13% Jun 17 • preferred 31% 30% 32 3.530 28% May 35 —10 Gatlneau Power common 0235 — 0.70 710 1,050 —• 39% 39 39% 100 101 100 101 90 1 52 52 54 Dynamics : Motors 1% 54% • 17% 17%> 17% 43% 42 %4 43% 11% * com 11% 54% 103 Jan 63 11 54% July 19'A Jan Jun 35 Ys May 9% Feb 43'A July 11% July 9% 11%. 590 11 11 180 Feb 11'A 17% 17% 800 16 Jun 20 Apr 17 3,380 15 Jun 21 Jan 10% 15%. 14% 17 • 10 'A 1,704 13% Jun 20% Jan 4G 42% 40 1,935 39%: * common— Home Oil class A. — Howard Smith Paper $2.00 preferred ' ■ 100 • common. —...... .50 J Hudson Bay Mining 40% 52 02 ' Imperial Bank 71% Rights Imperial Investment class A • $1.40 preferred——: ————25 Jail 42% 51% 1,978 73% 0.00 . 0.35 10%. 10% a23 Imperial Oil Ltd 1 * Imperial Tobacco of Canada com 5 6% preferred —: —4.08% Indus Acceptance Corp common • 100 0.05 10%. — Warrants 40 115 %>' Jun 64 Apr Mar 41 a 39% 13% 13 5 7 it 5 Tit 40 38%. 23 25 Co Minnesota Montreal Mussens Newfoundland Feb Northern Jun 46% Jan 13 14% Feb 4,907 38 'A % 3,002 12% Apr » 1.200 5'A Jan 40 7,010 14 15 825 11% May 15 Jan 45 100 43% 45'A Jun 53% Apr 57 a5014 a50'A 20% 19Vs 90 95% 110 110 35 %. Jun 094 97 40 Jan 49% Jan 17% Jan 10 20% 6% Mar 0,505 21% July >: 1st Paton 414 3,450 28% Mar Interprovincial Pipe Lines Iroquois Glass preferred 5 53 52 53% 3,000 48% Mar 55 10 14% 14 '24 23% 29 % 29 • Loeb Acceptance class A (M),< Ltd — MacMillan & Bloedel class B_ Massey-FergusoD common 4 Vs 'Jo preferred ! 5% % preferred Mitchell (Robtf class A Class B • —_ — al3% al3% 11 10% Jan Jan 20 27% Jan 28% Mar Jun 30 - ; - May Mar Feb 12 % Feb 1,340 10 Jun 14% May 41 % 43 % 2,472 36 %2 Jan 45% July 15% 15 %4 10 22,007 10% Jan 10% Jun 130 130 25 Jan 149 % Feb 100 100 16 Jun 12 1,520 , 43% 43 • • 110% 108 110% 24 107 12% July 10 15 14:% 15 Co——o 33% Jan 7% 32% July 40 Jan 37% Jun 7% Feb 40 May 9 Mar Feb 13 July 40% Jan 25% Jan 23 7% •' 707, 11 Va 13 '••* 10 025 48% 49 01 8 28 '•".26% '20%^ 100 47 15% 100 11 1,500 9 9 200 6% a 9'« 700 9 a43 a43 4 3.00 • com—* — 9' Pipe Lines Ltd common—1.25 ■ Feb May :.AQ Apr 3.00 47In 15% 3.00 5.1 % Mar 47 * 3(5'A Mar Jun 34 5.940 i 40 . 31 25 33'% 38:'u 40 Co——1 non Jan .15% July 4.00 3.25 May 9 Feb Apr July 11% % July Feb Apr V ■ cumulative partic 2nd pfd-50 Mills Ltd Steel a 40% Jan 43 72 Jan 77% July 7'A July 7 Quebec Telephone Corp common—5 Warrants 5%% '* (Canada) Ltd— ffidustries- -Ltd „__2——1 Southern Canada Power G7o pfd Bros —* 100 —1 Traders Finance Corp class A preferred Corp Fund -1 Jun 112% Jun Trans-Capada May- 12% Feb Trans Mountain Oil Pipe Line Co Union Gas of Canada Ltd 27% 28 %. 2,939 22% Jan 27 27 28 1,150 22% Jan United 40 41 % 41 41% 039 40% Jan Wofuvmnri 5 * 22% . " 38 , 12 150 11% 14 Apr 20 % 20:% 100 20 % Jan 20% Jun 38 1.040 22 Jan 38 Jun ' 12%" •_ —*L 12% — • - G,80Q 85c 5,118 18 Jan 102 125 ' 125 125 % nreferred series Corporations Ppn Pn T.trl ^T. 50 2.050 50c 000 38 38 '4 1.755 38 50 BF.) 38 * 38 . • 35 Apr Mar 131 Jan July TO . 1.00 Apr Apr 36% Jun 44 38 July 42 Jan 20 Jan 29 May -28 28 5 a 350 13:t4 14% 8.840 10% Mar 'A Apr 50c 28 19 Jun 1.25, Jun 26 14 * :—50 A class 35 50c '..1-14. Mar 1.25 24% 50 38'4" 10% Jan 50- 1.15 23%* 1.25, 24% • Apr 12 Jan Feb 50c —* t—40 -10 9 27%: Jan 27'A * redeemable • 4.50 1.220 —_6 — Preferred 5% 650 31% 1 .■ Maurice Gag LieShop & Save (1957.) Ltd— St Tookc * —^—20 Reitmans Russell 7% 30% 36ib 31% — preferred 11 77% n77% : " ——-— 105 -33% a32% a32'.'4 " •• . 0 100 Jun . 7'% Ltd 15% 14% July - Ltd--.. —* * 521 4.10 Mar 5 Jan 93 715 29 Vs : 33 Apr 1C Feb •11% July Feb 25 15% Jan Apr 18 19% 3,080 15% Jan 19'A July 51% 51% 30 51% Jan :1% July 23 23% 1,800 21 Jun 23% . i; l . *»!•'.' -Tmi •* Feb Feb '* 42 Jun Jan 80 3.50 2.50 40 % Jun 9 28% 10 • 30% 1,035 14% May 480 3.50 B 30% 900 11% ; •1144 Apr 240 <! Preferred 1.278 33% Jun 2.55 * 93 ——..—* —... Molson Breweries Ltd class A Class * 14% -'-24 ••'-'1,120 29%. 000 July 121''., Mar Feb ' 33% July 32 97 Jim 32% , Feb 56 * ; Corp of Canada-— 4% r'<: cumulative 1st preferred—-50 6% 32 Jail 108 127 29 * Power Premier 33% 83 %a 580 AS 8% Jun 10'% Jan 1.040 31% Jun 23 Va Jan . " 31 Invest Co May 90 Ltd-— Manufacturing Pembina 2.35 100 ... 13aii --——--50 Candn '2.55 ft 31% * Ltd—— Industries July 40 % July '10% Light & Power Co Ltd -10 Atlantic Pacific ' 2.30 Jun 52% July 7it ' »9% 8 13 32%- 19 % 27 138 52% •2.55 Quebec Power Co Ltd com—* Northwest Anr 32 118_. Canada •26 29 — Paper Storage Feb 93 M) preferred July 31 Vs (John) Ontario & Jan Jan 90 19% 52'- ——————* Corp—1 (Walter Refrig -& Jan 41 *19% ;140''.'« a40'ii " pfd_—-50 Investment Corp Ltd new— MOunt Royal Dairies Ltd— 7.15 May 32 Public Service Ltd common—• Ltd Jan . 1.50 Apr .190 Jun 2.0C Jun 2-20 conm MacLaren Power & Paper Co— Melchers Distilleries' Ltd 6% pfd 23 Jun 33% Limited I) Lowney 12% 6.05 1,490 45 '• Laurentide class 47 18 Loblaw Groceterias Co Ltd com cl A—• Canadian Apr Jan 2.00 Jockey Club Ltd Common-—_——• 10'A May 21% Jan 1,460 ' 79 'A May 631A Jan International Nickel of Canada com..• International Paper common .7.50 International Petroleum Co Ltd—_—* International Utilities Corp— 5 Labatt Ltd 22% July -TO 108 Kelly Douglas class A———2——• (Alfred) Inc class A —1 Common July Jan Jun Ltd— preferred—: Moore 10 $2.25 preferred ———50 $2.75 preferred 50 Inland Cement preferred——_— 10 41 53 46% Mar Apr (Canada) convertible London 45 Jan 05c Foundation cumulative Feb 40 •-Lambert Apr 17% • trust cumulative Investment 6% Ffeints Jan 45 13 % Canada Ltd..———* Chemicals 6% Jan Mar 44 451 International 44 15% Ford Motor Co of Canada class A,<%—• Horner Ltd (Frank W'> class A Inland Feb Jun 34 % • ^— Manufacturing Ltd Feb Jun • 10 connnon__ L) (R Jan Jan 51% 2,720 H9 lb Fleet 46% May 37% Jan 100 5 • .... common. Great Lakes Paper Co Ltd. Greater Winnipeg Gas Co Mar 8.95 Jun 6.00 1,890 preferred General Steel Wares 22 V* Mar —* Fraser Cos Ltd common Petroleum * . Gas Ltd Apr 53 37% May 71 Consumers 8 2.10 May Jan May 40 Ltd—* Co 27 150 Foundation Co of Canada Westinghouse Catelli Food Products Ltd class A—:—• Consolidated Paper Corp Ltd^ Jan May - 48 19% Jan Jan 40 IT Ola'Jail 1.00 Jun 48 % Mar July Ltd * class A—* 20 10 Co Inv Paper 305 22% — •- & 30 a74% a74 % 2S 9% Jan 14% Jun July 41 19 * ... July 3 Jan 35 com ":4 21'A "July 33% 45% Jun 28% Apr 10 Jamaica Ltd Feb 21% July Co Ltd Trust Inv Jan 29% 72'A July 27 Jan Apr May 51 —V 20% 21% Class B Ltd— * 19 18 Canadian Dredge* & Dock Co Ltd new Canadian General Investments Ltd—1 90% 18 'A May Jun 66 July 2.75 Jul j) 19 Sugar Co Ltd—* class B—2———■41 Ltd 23% —- ;• Renfrew Vinegars % July 85 21% Voting Canada. 51 1,135 • Holt Packers 11,217 .5 1134- Apr 8% —1 Ltd.__. Co Canada (G — Steel Canada As Dominion Feb £1%. • General Burlinton 12-A July 85 Enamel & Heating Prod class A Famous Players Canadian Corp.. 5% Feb 22 25 48%: ——• ... common. preferred General Feb 85% Match French May 0 Inc——: Warrants ■ Apr 2.50 July Blue Bonnets Raceway 23'A May 41% Jun 50 51% preferred Textile Motor Julv 18 555 - May o • Ltd Dow Brewery Du Pont of Canada . 20 % 100 12'4 .5 34% Jan 24'A Feb 8% Jan 31% Mar —-• com Donohue Bros Ltd 7 Vs r/v 3.585 G% Tar & Chemical common—• Redeemable Dominion Eddy 24 G >2 10 Dominion Stores Dominion 2,838 23 (j .35 preferred Dominion Steel 33% 23% •• ———-—— common — Dominion Foundries & Steel Dominion Glass common 1% 33 • 6% Corsets Dominion 32% 2 25 Dominion Bridge 13 Vs May - Jan "Mar Number 5863 Volume 190 . . . The Commercial and Financial Chronicle (189) CANADIAN MARKETS RANGE Friday S I 0 C K S Week's Last Range Ajax Petroleums Algom Uranium Voting Aran _50c & Iron Co Ltd. Bailey Selburn Oil & Belle-Chibougamau Gas 4%c 1.500 5%c & Mines Ltd Ltd —1 Devonian Homestead Oils Canalask Nickel Mines Ltd Explorations 6c Carbec Mines Cartier Feb 11c 12V.»p 12,500 9c Feb 21c Apr 8.05 8.30 700 23c 10,200 5c 54c 4%c 54c Cassiar Asbestos 7%c 1 20(Ac• 7%c 9,500 26% 26% Ltd—!S 4.75 25c 600 4.00 Cadillac 1.18 16,700 100 15c 8,500 Fab Metal 40c 64c 92,650 *7, 11 11(4 300 7.00 7.60 4,800 6c 6c 1,000 4 (4c Inc.._ Ltd Ltd—— Goldfield Co — Co Ltd 4%c 3,000 4c D'ufault Tache Lake Mines 66,400 5c Jan 22c 6,700 May 45c Jun 92c lc Jan 12c May 7.35 — 46c 31c Jan i 5 (Ac Mines 5c 20,500 5,870 14c 3,000 Jan 21c May 18% 4c Jan 10c 30(4 July 13J4c July Jan Feb 35 (4 Mar 26c Feb 82c . Jun Feb 10c Feb Jan 30% Mar 42c 1.685 18(4 Apr 6'Ac 2,667 29'u 350 5c 4,500 Jan 6c 20 4(4c Feb . 7c Jan 7'4c 500 90 % 700 1.35 4,850 99c Jan 40c 1,750 35c July 55c Jan 10c 2,000 10c Feb 24c 90 c May 100 85c Jan 7 (4c Jan 22c 2,500 13c Jan 70c 80c 17,400 58c Mar 16c: 20 %c ' 1.38 12c Feb 7c 5,300 Jan 1.38 July 1.85 Mar 1.75 Mar 30c Apr 1.24 36(4c Apr Apr 2.50 Jan 75c 1.200 74c 6c 9,500 5 (4c Jun 9c Jan 4c 1.000 4c July 9c Jan Jun . 5%c . 83c 5%c 2,000 79,400 1.85 1.80 46c 3.000 Gc 1.85 83,000 45c Apr 27,350 9c July %C 78c 78c 500 15c 15c 16c 9,300 8.00 8.00 8.25 1,800 81c 5,600 75c Jan 13c . lie 15 c Jun 4c 83c 78c 13c 15 (7 72,500 1.52 May 4c 4c 5(ac 75c. 65c 80c 500 68c Jan 45c 2,o00 42c 8c 10c 15,100 * Warrants Wanants — Argus Corp £•> 40 Ashdown Aubelle class B_ Jan 72c Jun 13 (4c Jun 8.00 74c Mines Aunor Auto Fabric 5% 1st 5%% 44. 13 J3'8/™ Jun 18c mc 15%c. 20 700 Feb 15c Mar 70c 80c 26. ,00 63c fi3c cJim y 1» 15c Jun 52 521, 225 25c US 3^0 18c 20c 4,250 14c May 23c 4c 5c 1,400 4c Jun 10c 1.50 Jan 8-58 96c Jun 1-M Mar 60c 25c 50* Jan we S 38 41L, 5.394 32 53 90 585 69 Jan Feb 2508„| ».» ijso ».5O» 14 14,2 -00 — flc 3X /. .wjjg Mar «c If SS an 85 « ^ |c Ma| Z 89% ts Jan 65c «*«« 5c Banff Oils Bankeno Jan ApiJun * aj SeTS 1 8^ ^ 2,200 73,000 22c 800 22c July Jun 1.34 Mar 6 (4 c Feb 1.15 Apr 28c Apr 1.95 May 20c Jan 1.32 Jun 28c Mar 12»4 Mar 1.88 Apr July 4.15 Feb 4c Feb July 6 (4c 1.24 50c 2.30 47c Bell Bibis Jan Feb Jan Mar May 9c Mar 50c Jan 4%% May 4.50, Jan 4%% 6.500 6c Jan 1,000 9c Jan Jun 4.60 15c Jun 18c "Mar 7 15(4 Jan Paper class A Co common — Corp Mines-,-- 25 —— —a 30,225 13%c 19C 211,500 60c 1 18c 63c 19%c 14,600 7% 545 48 48 48 48(4 4.J-' 270 21c 3c 3c 8c 8c 22c 3' 2 c 50 50 Products—* Forest Packers 9c Jan 34c Mar Jan 5c Apr Feb Burns 12.000 6(4c Jun 12c Burrard Jan 48 May 4.070 13,700 35 Jun 44% 39% 40 225 38 Jan 42 40 42% 250 40 July 43 Jun 89 89 89 40 85 Mar 91 May 47% 47% 1,010 45 2.24 Jun 3.30 Mar Feb Smelting— 48 Jun 50 51 885 49% Apr 32 May 15% 16% 6,790 12% Feb 18 Feb 18 Apr 48 i.7 17 17 1,540 36:% 38(it 4,711 42(4 42(4" 43% 760 1 < Lake 1 —-1 1 * Extension * - class A 14% Feb Jan 35% 40 Jan 80c Feb 40% Mar 47% May 59c Jan —, 5c 51c 58c 13 13% 377 11% 4.40 55c • 5.00 900 2.20 Jan 5.00 July 5 (4c 7,500 Jan 8%c Mar 5c 6c 2.8C — 1-80 — 33% — 6c II,100 I 1,000 2.75 2.90 600 12%c 14c 20,300 1,80 1.90 10.700 7c 7c 7,000 32% 35(4 7%c 430 3,040 7c ■-* - Dock Mar 51 38 1 Feb 15% . .-l — & j Dry Apr 2.45 • 1 Gold Burlington 3c Feb 7% 38(4 _* Products 21c July 8.40 25 41% A__—*. B Ankcrite 3,500 47 15%c Mar 2.34 25 class —x— Telephone Mines 23.360 Jun 5% July 20% July 36% — 100% Mines Hill 210 6.75 2.38 _50 ; Mining Bunker 47% 7%c Jun 38% Brunliurst Jan Apr 21(4 Jan 15c Feb 49% 20% 9c 11,700 56% May 21% _50 class Red % May 47 _* May Building 47 120 6,800 5c Buffalo 100 9,015 100 Buffalo July 4,731 3.875 Mar Jan Mar 7 (4 5% 2.20 30c Feb July 79c 7.05 47 56 Jun 8%c 1 50 Jan Mar 8% Jan 5(4 —50 Apr Apr 6 6.80 5 (-4c 2.60 May 29c Mar 27 %c Mar 49c 7%c 5c 32% Mar May 10c 5(4 __ 7% Feb 2.05 May 6%c Jun 6.80 2.20 Jan Jun 9c 44% 26c 1.08 54c __1 Jun Apr Jan 22c 7 ___l 1.65 39% 90c 14 %c Mar 100 50c Mines 27'2 1.96 Apr 7(4 7 Jan Jan 1.53 1.32 Jun 52c Mills 200 Jan 30 Jun 86c Jan 25 Company— 200 Jun 25c 51c 4,000 Bruck 30 25% Mar Mar 36c 13% May 12c 7c Broulan 20c Jan Mar Apr 21,133 56 Brown 2.22 Jun 6% Feb 32% 116,270 56 Feb 29 18c 16c Jun 52 64c 6%c Feb Brunsman Jan 18%cl9%c 7c — Brunswick May 26% 7% Feb 16c 300 23,352 94c 2.22 1.72 ,25,700 25c Buffadison 64,650 43 36c Apr 550 1.10 21c July 9%c Feb 27% 95c 1.39 Mar Jun 26% 96c 6,800 20c July Jan 3,000 45 Electric— Columbia 5c 535 21c 1 Columbia Power 16c 9% 20c ___* common^ common— Columbia 5,000 20c 9% 43 . 1 British 10,600 19%c 1.72 preferred— 50 5(4% pfd—%—50 preferred 5c 2.060 26% ■ 5(4% 5(4% preferred British Columbia 28c 85 32% 1 preferred 5c- 47% _.—l preferred preferred 25c 47 42% 1.20 16c 2.62 Jan May 9%c 21c 60c 1.98 Jun 26c 25c Jan l — Reef Jun Jan 6c 1.20 10c . 15c 14c 1 17,000 4,830 5,900 .——50 Pioneer Feb 76,875 — — 1.94 30,500 1 common—. Jun 80 8c -1 ;r Jan 17c 50c — Jan 1.40 24c ^1 : 65% 7c 21c 1 141,567 Feb 3.70 July 9% _♦ 15c 25c 62% July Apr 15c 19%c 1 * 79c Jun Feb 2.80 —31 > — : 10c 12 (4c Jun 52% 20%c 47(4 * 68c 16%c 18' 2c 10.100 Feb 15c 8,32;) 25,901 7c __ - • 79c 15c 25c 4,500 62(4 1 70 59 24c * * Mines— Columbia British 78c _* L- Ltd— British 13 '4c- Jan Apr — _— 5% 17c Feb 2.00 Apr Preferred British 16c July Feb 82c Britalta Petroleum British American Oil— 4(4% Feb 3.10 May 17c 1.25 Jan 25% Mar Mersey Tank Jan Jun (4c May 5,925 10% 24 60c Brazilian Traction July 32c 1.75 Mar 1.40 Jun Jun 63,000 Boymar Gold Mines— 4c Feb 1.25 7.35 19% 19% July 78c Paper Bralorne 280 74c preferred: Bowater Corp 9,800 20 1.405 62(4 * Hats Bov.aters 8.40 21% 73c Mines—^ Ribbon Bridge 20 Mar Queliec Biltmore Blue 25c 6,705: '7 ill(2 •» 61c Uranium 'Mines— 1,000 . 9 3 9a jun Fet} I,900 ——— Yukon 4.500 12 c Feb *>.» 2,381 Mines Bieroft 5c 14c 4 fi May May 30,800 Bidcop Mines Ltd.. 25c (4 c May — __l Telephone ; Copper Corp_ 25c 13% ^ Zt.\ Feb 3.15 July 30 63c L'j Bethlehem 19c 12c ^1QQ a.™® Peb 1.73 Mining Bevcon 64c 13*4 lfl% 78% Lumber Belcher Belleterre 5,000 12 (Ac "«5» '22J * 63c Beaver 13,250 21,000 3.25 5.7M h, 1.63 Lodge (4c 100 Apr 16c 77% Ltd: Duquesnc Bcatty Bros 2j0c 18,300 21V2C Tnn 78 Beaver 14 <- 4.55 Feb Jun 11f." 1.63 Batlmrst Power & Class B Bcattie 19c 3.35 "gc 12(4c 29% Mar __i Exploration Petroleums 4 (4c 4.30 nftn 19(4 1 Base Metals Mining—— Baska Uranium Mines— Bata 7.70 — 10 — Mines Jan 7.25 Mar 9c 8.30 50c — May 1 Basco Oil & Gas 5c 3.35 Jun Scotia!!"Ill——IIII10 Bank of Nova Barnat Barymin Jun 5c 3 IS w 1 1.01 22c k 25 — 2,830 5.05 j - 25 — Montreal 1.80 4c 13 500 ^ 3"S 24,/o 1^q ^ ,, A_—J class Mines of Jun 22c r\}* lV/*Gc J .„,r" * ; Jun 4.60 n;3f)2 ——>|^« 1 3-^ 28,4. preferred— 4c 1.71 13c 1 & Gas class A preferred series 2nd G5c 1 page Jan 10c 2.900 Bailey Selburn Oil 3,000 21c 43 63,278 12c 1 fH 915 4,156 » ——1 Products 11,450 ■ i "C Avffiboim.jHncS-:::::::::::::::::::i 9c — Tr "I! 45% ^ common 75c 7c- 18c . 7 i 3k ^ SSS! 75;, ^16%c —* „.1S Feb J S% 15c -- 1 Gold.Mines, Electric 72c 5c 8'5o 8S 1.03 ———.— Bowater 2.20 -8 75c —-10 Aumacho River Mines Jan . '• 2 80 C 63 * ,A«m.<iuc GolJ MincS_4- 64c - peb 3..6 1.85 May ™;f4 Tn iSS w 99c "MinesAA Atlin-Ruffner Jun 13(4 ^.55 Jun 1.05 Jun 50 Hardware 2c .1'2(ac 2.90 99c 41% common nreferred 25c 5.00 > ^ Jan kIS S^SSu::::::::::i:::-50 Asi'lncSoa 13,500 M see 21% - 14c Weedon Pyrite & Copper Corp Ltd—_1 Wendell Mineral Products Ltd 1 footnotes 44,641 Area\hncs°———I——AIIIIIIII—Il 10.300 1 Westville Klines Ltd 28 1 —— 5c 4(4c —1 .- 25 —:::ii A«htUa J?!?' COmm°U 1 Ltd— 27% Ja Jan 20c — 1 —* Ltd 2.00 20c 40c _1 Mines 11.000 50 ——1 _— 3,675 2.52 S 30c —1 — ... 1.40 2.30 ^ —* Ltd. 2.70 1.20 2.50 jan Jan 33c 521i 4%c 4.55 02 1.02 , ^cct.MTar 2.85 5 ^ Bordulac Mines Bouzan Mines Ltd 1 , * - ~—Ul Apr 1.74 1 J ay ,014, juiv h. Apr 9c 15(4c 70c Ltd—l 22 70c 80c Juu 1|/2C 27c " 44c A ~ 32c .—: Corp., 69c A'79 44c i Feb •* .—.—• Ltd^— 1 50c 10c 10(4c 5c —-y _ Jain 28c 40c 1 Ltd..—1 12/a 45(4 14,500 Ltd-———1 — 300 10c 40c -1 Ltd 18/a 28c 51c 1 Ltd—— 18 — — 45 c 45c —1 Ct 18(4 Rlfhlq 95 5%c 5 (he 1 Ltd. a 81(4 Apr 21c 75c 1 _ 4,000 July Apr 21(4 3,100 21(4 af)0e 70c. 1 ___ Virginia Mining Corp Fcr Jan 13(4 Jun Jun Jan 31c 10c .%. Mines Ltd.— Ltd ViolaMao 80c 35c 20c 1 .. Vanguard Explorations Ltd... Ventures 9.25 Mar 2,000 1.15 • . —_2 Ltd Trebor Mines Ltd. United Oils ltd.—-— Lithium Jan 18.100 v 31 (4 88% 35c ___ Jun 10,240 d8c ljc 45(4 Jan 4'AC 1.15 1 Ltd Exploration 7 (4c Mar 19c 7(4c 1 —j.— Mines Mines Titan Petroleum Jan Mar 60c 21 - Mines Ltd—_ :—1 j Mines Mines 32 50c • Standard Gold Valor Jan 47c 48' Ac 5c Steep Rock Iron Mtifes Ltd.—————lr Tib Jan 1.10 6(Ac (4 c ; Apr 11c 10c 2.90 == 1 Auto -90c St "iLawrence River Mines Tazin 9(4c 29'2 50c Mines. Sherntt-Gordo 11 South Jun July 412C 47c —1 Rexspar Uran .& Metals Min "> 4c ..'14'4 21(4 1 —- : Gold Apr 52c 14c Minerals Ltd .( Mines Uranium Crest 22c 200 31(4 - Jan 6(4c 10c 2.70 ioc 8'A July -20C Corp— Development Ltd Rights Radiore Red Jan 5,630 200 1 1 t—1 Jan II,500 4(2c 4 (Ac —•— Gold Mar 1.96 10(4c — 52 c a 7,500 1 —L Ltd. Copper- Corp Queenstdn Jan Mar 4 (Ac 8.20 . Feb 20 ——1 Anacon Lead Mines 10(4c Mar 3112 9'Ac 88» 103A 385 Jun * m-cferred 2.50 Mar July 24(4 May 3,300 — Lithium Oil 8c 8.20 5 900 20(4 - American Ledue Apr 17c 12c II,000 —. Corp_» (Chib Quebec 14,000 13,500 1514 5 — — Quebec 1.07 17c 4 Te¬ Cobalt & Exploration Ltd_—.1 Quebec - Jan 8 %c 8'Ac 6 10% 20 24c 2.70 ♦ " la (4 10% 10c 1 Jan 11c July Gc 2.300 8.20 Uranium Mines Ltd- —1" PorJage Island 1.71 16 %e •" 50c — . 20(4 16(« July 27 1 -—- Gold. Mining 1.88 I,000 12c Ltd_l Ltd— Oil & Ltd Mining Mar 4c 1 Orchan Uranium Mines Ltd Paudash Lake 600 c 2 a52c Opemisca Explorers Ltd.—, 1 Gpemiska Copper Mines (Quebec) Ltd_I Quebec 1.60 9 1 18c Rare Metals Ltd Ltd 1.90 9 (Ac 31c Ltd— Oils Warrants May 49c Mines Ltd New West Amulet Mines Ltd—. Pitt 4c 15c Vinray Pcunbec 2,000 Jun 8c Feb 31c Ltd Santiago Mines Ltd <1945) Jun 6c 1 Oils Ltd- New Spring Coulee Okalta 5c 6c :_1 Explorations Coal Obalski 34,500 23c Bank Mines Ltd—— North American 8c 8c — Nocana Minos Mar 7(4c 1G1 i»C 24 Pete.——10c American Nepheline 50c Feb 21c 46c Ltd.: Formaque Mines Ltd -', New 22c Jan 1.60 — New Jan 6c 9%c Molybdenite Corp of Canada Ltd—— 1 Monpre Mining Co Ltd—— 1 Montgary Explorations Ltd—1 Mylaniaque 12c 1,000 11 Corp——1—1 Mid-Cbibougamau Mines Ndw 16,500 8c 1 Merrill.-Island Mining Ltd... New Pacific 16c 1,000 - Jun 1 4j/,r' Mar 8,700 1 Mines Exploration Mclntyre-Porcupine Naw 12c .i ——— Zinc Mines Jan allc- 31(2 May 23 V* Mar 7c 1.88 1 Lingside Copper Mining. Co Ltd Mogador 99c 6,500 16 (« 1 „ Kerr-Addison Gold Mines Ltd Louvieourt July 10c 6c Ceramic Mining Ltd—.1 & 30e L. Ltd— .J— -—li_. Mill 1.600 6c Copper Corp Ltd———* 1 Hollinger Consol Gold Mines Ltd——_5 Labrador 53c 14 Li 13c 34 ^2 380 —1 —— Amalgamated Larder Mines Amalgamated Rare Earth- 9 (4c Jan Jun a8c Ltd———————1 (19451 & „ I'h Jun 1'ic alio Haitian Mines Jan 9.600 6c 15 % d—1 Golden .Manitou Mines Ltd—.— Gui-Por Uranium Mines & Metals Ltd Kontifci. Lead Feb 9.15 8c GaspeOfi Ventures Ltd-——1—. -1 Yeilowknife Gold Mines Ltd...1 Golden- Age Mines Ltd.:.—!. —:—* Iso 12 14c 14c Giant International Jan Jun 22c 1 —:—-1 .————, Minerals Mines 65c 9.75 9 (2c 9%c Fundy Bay Copper Mines Ltd——1 Futurity Oils Ltd. * Gunnar May 6.10 78.411 39 24 3.co 1 Ltd Mines' Apr Jan * * Trunk High 45c S:::—::== Jun 14c 29c 50e Falconforidge Nickel Mines Ltd.——* Fano Mining.& Exploi;atie» Iuc 1 Fatima Mining Co Ltd————1 Fontana. 18c 21c 27c Jan 40c Low 38 AI5rSr'riUom'°OD~ —s S S" Jan Mar Range Since Jan. 1 High 23(4 'Zc2X^=r-l Jan 1.85 Apr 21c 1 Ltd Mines 6.05 Jan 8c Gas Jun 10c 13c 4 Feb 10 (4 c Alberta 10% Mar Jufv\ 3c common— — Shares 1.40 Voting trust Jun 8-'(4 44c Warrants Jan 7c Sugar _ Alba Explorations Alberta Distillers common Jun 34 July Minos 1,. 41c Jan 3,000 6,120 25c ——— Jan Jan 7.05 Consolidated Denison Mines Ltttr——1 Consolidated Monpas Mines Ltcli ,_l Consol Quebec Yelkroknife Mines Ltd_l Copper Rand & Chib Mines Ltd.. 1 <te 5(4 a8c 11 Ltd———— Empire Oil July May 7.05 July A Low 38%^ 25 Agnew Surpass Shoe Agnico Mines Ltd Ajax Petroleums Akaitcho Yeilowknife Gold— Mai 4c 1.25 '—1 for Week 23(4 * common Advocate Mines Ltd Jan 15c 42c 26 % July. 13c - 42c — Ltd GOc Jan 22c Ltd—--: Ltd Mines May —1 Paper Acadia Uranium Mines Acme Gas &-Oil^^—' Feb Apr a8c 14c Mines 10c 85c 6 (2c - Class 1.30 Mar Feb Gc \>' Mines Ltd ——1 Cleveland Copper Corp.———_^.l Consol Bi-Ore Mines Mines Apr Ltd— & — Mar 26c 100 4.85 10c 1.18 1.20 Chrpman Lake Dolsah 7.05 Feb 13c I,700 — ... Elder 15,000 8 Power Pieferred Acadia Atlantic 5%c Jun 2.800 7.05 Abitibi 84c 10%c 100 4c' 4%c 20% 26c Jan Jan Jan 25 %c 2,000 25c 26c Corp Ltd— Central 500 7c Mines 10% 5 %c May 41c July 209.809 . 20 %c —1 odd period. Sales Range of Prices ." Far 33c 4%c Feb —42c 3,000 41c 47c Week's Last Sale Price Jun 40%c Jim 27.000 7c 41c 4%c 58,000 55c— 39c 1 Chiboug Copper Corp Ltd 1 Chibougamau Jaculct Ltd..-——175c Consolidated 5c 6%c .. Ltd——10c Central-Del Rio Oils Ltd Central .Manitoba 103,700 . 50c C 47c Ltd- STOCKS Jim 7.95 19c 1,500 58c 55c 4'Ac 5c i an . 20c G . Abacus 8.30 —3 Exploration Friday Jun 85c Ltd—— Qudbec Holiday last week, this tabulation is for (Friday, July 3, to Friday, July 10, inclusive.) Mar 10c Jun 11c Canuba Mines Ltd--—; Due to the Feb Jan . Canorama 6c Apr —1 Petroleums NOTE: Jan July 4c 1 ---- Jan Exchange Prices Shown Are Expressed in Canadian Dollars 16% Mar 21 4c * I .— 4c 4,000 90c July 35c 1 Gas 78c 5.000 Campbell Chibougamau, Mines Ltd—..1 Canadian Collieries Resources Ltd— - Canadian July 1 Calgary & Edmonton Corp Ltd Calumet Uranium Mines Ltd— Canadian Feb 20 500 19,918 Ltd class A_1 Ltd.—; Bonnyville Oil & Refilling Corp—* Eornite Copper Corp—. Burnt Hill Tungsten Mines Ltd—- Common 14 9,000 9c 1 Mines 1,200 21 9c Batemaii Bay Mining Co 1 Beatrice Red Lake Gold Mines Ltd—1 Bcllechas.se Mining Corp Ltd 1 Oil 10 (4 36c 39 %c —* Barvallee Mines Ltd— Toronto Stock 36% c —1 Baker Talc Ltd Cadamet 15% % 1 Ltd— Metal Mines Ltd— Blue water 78c 4%c 16 1 JO High 78c Ltd Sulphur Low 20 1 i. Augustus Exploration Aull 78c 1 Ltd JULY Range Since Jan. 1 High 5c Mines. Ltd—. Mines Mines 1 Certificates—. Trust Ameranium Atlas Ltd Shares Low Stocks— ENDED for Week of Prices Sale Price Par Mining: and Oil FOR WEEK Sales 2234 19% 24 4,800 * 12(4 12 % 12% 760 * 7 7 7 10 5o Jun 6c Apr 2.75 July May lie 1.30 6%c Jan Jan 14% Jan 9c Jan 3.70 Feb 22c Jan 2.55 May 9c Jan Jan 32% July 7c May 16% Jan 39 12(4 14% Mar Jun 0% Mar lie 24 8 Feb July Jan 41 Chronicle The Commercial and Financial 42 . . . Monday, July 13, 195,9 (190) CANADIAN MARKETS FOR WEEK RANGE for Week of Prices Shares Cable Mines Petroleum Cadamct Calalta -1 * —25c Oils Mines — — — Calgary & Edmonton 5% Calvan Con sol Oil-— —i — Canada Stone Cut Crushed P'oils Canada Canada Iron Foundries common 4% % Canada Malting Preferred —_—— Canada Oil Lands •— Warrants 70c 74c 05c Jun 24% Jun 35 Jan 78% Jan 100 Apr .102 1 Alines Ltd"1 Consolidated Sannonn Mines 1 Consolidated Sudbury Basin * Consolidated West Petroleum —— IIlO Consumers Gas Co common 15,250 1,325 «J4 755 102 102 10 3.75 300 55c 60c 13,320 7.00 7.70 7,647 200 100 4.15 Apr 55c .100 104 .100 Jan 12% May Mar preferred Class, B Apr Apr 10% Mar 74c Apr 6.95 10 Feb 1.27 Jan 3.75 Jun 46c —.— Exploration -—— Clark Publishing Coppercorp Ltd —,—-— Copner-Man Mines Convest 11 11% 33 34 % 3,286 27% 124 17% 17% 250 12 % Jan 23% Apr 24% 100 22 % Apr 29 Jun Cosmos 32 33% 1,870 30 %> Jun 37% Jan Coulee 96 96 160 91 Apr 100% Feb Cournor 67—Jun 76% Feb Gowlchan 25 26 G774 —68 25% 25% 2,005 1.46 1.48 67c 720 37 28% 3.050 55c Jun Jan 1-48 25 Jan Apr Craig Zinc Mining — Copper—— Grain Aliiies Craigmont Feb Oil warrants Canada of 90% 9074 55 91 Jun Crown 75c 88c 1.25 May Crown 4.15 4.45 5,600 3,305 49 40 100 12% 12% 12%. I,855 11% Jan 13% 8%c 13% 13% 4,650 13% Jun 15% Mar Daering 8%c 9%c 7c Jaii 13c Daragon Mines 64% Canadian Breweries common —* 39% Canadian British Aluminium com—10% Class A warrants....™.. — 8.30 62% 64 % 54 Jan 65% Jun Decotirsey Brewis Mining 38% 40 74 7,500 5,473 9,077 35% Jan 42% Jun 11 Apr 17 Mines?————1 Deldona Gold Mines——_——•——1 Delnite Mines :—...——— 1 Devon Palmar Oils—-20c . Minerals-, Canadian Astoria Bank Canadian Class of Canadian Cclane.se common preferred.™.™.-™ $1% preferred $1 ; Canadian Collieries ' 10,900 7.75 5,560 18% May 29 31 31 140 Jan 33 13 % II,080 8% Jan 13% July 1.20 5,600 1.08 Jun 7% 8% 20,540 4.55 Jan 21% 21 Canadian Hydrocarbon Ice Machine Canadian Industries Canadian Jun Apr Dominion July 21% July Dominion 40c 9,587 May 75c Canadian Malavtic 2.18 2.35 32% 55 Canadian Gil Cos preferred 5% - Salt Canadian 11% 12% 11% 16% 17% Class 5%% Jun 16c July 40c 37c Jun * 29% 100 class _*■ A —- 4% .... 19% ___* Met Explorations.'. , . Gold Corp Ltd™— Athabaska Cayzor Central Del Rio Central Gold Pat Central Charter Oil Cheskirk Chiboug Mar 55c May 15c 8,000 78c 14%c 1.40 Jaeulot ■ Mines— 4.75 Mar 1.00 5c , 42c Jun Jun 53C 48c Jun 48c 55c 19,400 22c 21c 23c 15,100 92c 95c 2,600 72c 1 — 55e 59c 83 50c 2.60 G6% 2.95 555 3.50 3.50 600 2.25 May 3.70 3.90 7.050 2.80 May Mines . Chrysler Circle ! Smelting — • 25 — Cockshutt Willaus Farm _1 _ Equipment 1: Lake Gold Coldstream Combined Metals Conduits 12"?it 13% 1~ Sic 53c — 26c Oil Beta _1 Mines Central Cadillac— Apr Gold 75c Jan 35c Apr 225 6%c Jan 8% Apr 98,197 2.85 33,670 1.55 Mar 4.00 11.255. 3.65 Consolidated Golden Arrow — Consolidated Howey Gold— Consolidated Marbenor Mines Consolidated Marcus Consolidated Mic Gold Mac Oils Ltd Mining & Smelting Consolidated Mogul i Consolidated Morrison . Explor Consolidated Mosher —• * —1 1 ;. 2 • __ For footnotes see page 44. 380 31c 10.000 26c Jun 80c 3,658 57c Jan 3.50 Jan Mar 1.05 4.50 Jan Jun 5.25 Feb Apr 22% Feb 30c 288,950 18c Jan 1.05 14,640 63c Feb 1.20 20e Jun 36c 5c July 1 5%c 1 14%c 9c 24c 6,716 5c 6c 8,534 25c 25c 2,400 22c 4%c 5%c 14%c 14Vac 9c 10c 24%'C Jun 5,000 4%c 1,500 13 %c 7,500 Jan 9c Jun Jun Jan 2.55 Mar 44c July Jun Mar 50c Feb Alay 14c Jan - Jan 45c Jan Jun 20c July 32 Mar 8%c 24% Alay 21% Julv 25 : 17 ; G7c Feb 50c Jun 1.12 Jan 42'% Jim 25 27% Jan , 11 100 1.20 18,625 76% 71% 77 4,742 177 177 177 235 108% Jan .* 14% 14 14% 5,090 13 % Jun 20c 7%e 6c 8c 6,270 6c —• —• 100 32 31% 32 663 2.34 2.26 2.35 20,905 80 80 80 30 ——• 39% 39 39% 2,050 —— : class A Mines 467a Alay 100 Jan 105 Jan 17 Jan 7 Jan 17 . Apr Jan 56% 4,513 4374 Mar 567b July 1.05 1.25 3,660 35% 35% 25 18 18% 1,507 2,000 1.25 35%. 18 12 %c 12 %c lio" 1.10 22c 23c 8.05 8.00 8.15 2,533 2SC 31c 12,100 9%C 9%C 548 30c 1.20 4,400 3,638 1.05 Feb 36 10% Jan 1974 Jun 20c Mar 1.00 Alay Jan 9c 6.25 Alar Feb 14c Mar 24c Jun 40c Jan 23c 5,050 14c 44.000 10c Jun 32c 18,200 30c Jun 2.20 2.25 112 6% 7 775 1.70 May Jun 6 7.00 7.95 200 15c 15c 17c 12,725 1.26 1.26 1.40 7,525 _• 43^7 42% 43% 8,594 —* 29% 27 tb 29% 200 July 7.25 15c Jun Class West Class 30% Apr • Voting trust 1,475 5% 5,800 5 2.50 2.90 1,840 2.60 2.80 895 13% 13 14% 7,620 5% 275 5% Jun 4.50 4.75 655 4.00 Jun Greening — — — — Wire — Jan 2.50 Jun 3.35 Jan 2.30 Jun 3.30 Jail July 21'4 Jail 13 87b 8% 87a 800 8% July 11% 11% 11% 2,083 97b Feb 11% 11% 6% May 5.50 9 Feb Jun 1274 12 Apr Apr — * 3,227 974 Jan 4.65 4.70 1.520 3.90 Apr 5.00 Apr 5.50 1,100 4.50 Apr 6.25 Apr 4.25 4.70 4.50 300 4.05 Feb 5.00 Jun 3%c Apr 20c 12 Jan 137b Mar Alar • Alines k 3%»c 3%c 4%c 82,000 12% 12% 12% 1,475 9c 2.60 2.60 2.60 5C0 1 — Alines Lead 6% .* Freehold Gridoil Apr 9.50 Mar Alay 5.50 : warrants Greyhawk Uranium Gulf 9.65 5% warrants Greyhound Lines Gulch 8.25 11% * *, Saddlery new common- Greater Winnipeg Gas_. Feb Alar 43% July Jan 57a * — 38c 23% 9.65 A—-— B West Great —1 Develop Coal class 774 Alar 9.00 35 7'i Alay 5% .1 Jun 2.30 2.25 Mar 2.80 — common- warranls B Great Plains Great Gas 467be Feb Jun 1.21 2.80 _! Northern May 8.60 Alay Jan ——1 Warrants Great 31c 18c 30c common 1.55Alar 97be July 11c 7.00 May 59c Jun 29c 20 %C ' 1.25 July 31 12 7be July 13c — Power July 30c 5 • Paper 107b Jun 50% _1 Mines 247b Alar 55 3,762 21c Alining Mines Apr Mar 109 03% 1 1 104 22% 20%. —1 — — Grandroy Lakes Jan Jun 1 Mines Uranium Jun 37% 51% July 1 Eagle Gold Jun 85 145 —* __..l Miues Feb Alar 35 Jail 10 135 Jun Mar 11 %c 75 275 9 July 17 2.74 4,163 • 77187 Jan 1.80 106 101 May 1.50 Apr 52 ——1 — 28 % Alay Jun 11 10% 1 Prospecting—— Mine X. July - 51% • * • common Ltd Jan 29 ; 52 Drilling class A.50c Wares 50 Feb 51 19% 1% — Jan 19% 8% • ——— Jun 106 18% 1 —1 -— 10 C5c 18% 100% —100 >100 —_____— Jan 8.25 11 — 35c Jun 1.10 - 1.12 Mar Jun 4.70 11 — 19% May July 3c I 28 : 2574 May Mar 345 28 28 Jun 20c 4,605 . 68- Jan 1.15 Mining 1956 1.02 3.50 1.50 Jun Apr 60 25 2,500 28c 67c 74c —1 Petroleum Gaanduc Jun * common Dynamics Granby > Apr 2.13 * —* —15 ; Development 1958 7,400 — 25c A Ltd Uranium Apr 6,074 19 Feb "~G2~ 62 — ' Power Scientific 1.15 May 64c 5,940, 1 3.70 72c 36c 2.12 44c 5c I Jun Jan Jan 3.80 22c Mine Jan 55c G3c 10 %c 20^;; • Oils 19c 74c vJan 20 1.98 1 Pershcourt 1,500 45,850 60c 47c 3.60 1.98 41c class Mines Apr 4.10 May 3.70 .» 1 Consolidated Red Poplar 6%c May 4.20 20%« Consolidated Northland Consolidated Peak 1.172 3,000 30c . Consolidated Negus Mines Consolidated Nicholson Mines Mines Jun 36c 8%c 3.70 1 1 Jun 36c 26e 26%c 61c —1 Ltd 35c Jan 8c — _l _1 1 Halliwell 22c • 7,700 -10 (U S>—. Co 600 7,000 9%c 10%-C 72 20 5%c 30c 10%e 72 Jan 26c r 43'% Great Lakes 16% -7 Lake Gillies 1 Jan Jan 9c 19,500 43 Great 3.85 27c 36c 43 Apr 2.26 28c 32 %e __i_* Jan 2.75 . 36C Jan Apr 53% 312.562 1 Jan 80« /130 1.69 class A——— Apr 4.00 53 65 1.49 21.300 17c 1 —1 UH) 65 1.60 60c 19c Feb 30 54c 15c 8c 27% Jan 55c Jan 1618 July 440 25c 1 Jun Mar. 50 —— Jun 11 40% Mar 6,050 9c 5%c Jun 17% 6,410 13c 14% 15 7/» Mar 373» 17,100 10c 16% 200 200 29% Goodyear Tire Canada common——• Gordon Mackay class A—————* Feb 10c 10% Jun 1.90 July 16% 40% 7c 1,500 30,600 July Jan 16c Alay 16% 77c 12,625 10c 1.90 125 1.90 1.90 2.00-Alay Apr 40 hi : 5.20 c lie 13c 13 %• 2.65 Alar 3c Goldfields Mar 7,100 lOc 2.15 May Jun 4.90 Giant Mascot Giant Yellowknife May Jan Jan 7c 5%c 14 10% 9% 10c _1 4.00 2,672 9% 10c Jan 1.78 5.10 Goldale Jan Jun 2.00 Mar —1 — Consolidated Dragon Oil Consolidated Fenimore Mines Consolidated 50c 31c 22c 10c 8c 1.35 2,800 Bakeries Glenn 500 131 i>e Warrants Consolidated Feb 3,700 * Flin— Consolidated Discovery Consolidated 14 26c . 13,500 10.900 —1 _1 Glacier 50c * Gamma—. Callinan Consolidated Denison Mines Consolidated 5%c May 11% Jan Jan 6%c * Bakeries.—9% Consolidated Bellekeno Consolidated 13% 2.50 • —... Consolidated Allenbee Consolidated Feb Mar 8c 100 10c -10 Candy Uranium Mines Mines 99c Jan 1.95 17% General Steel 19c Alar 16c 1.46 22% General Products Mfg Jan 46c 8c 21% General Jan Jan Alay 1.80 64 General Motors May May 1.40 17% Feb 3.50 Mar Alar 15c 1.30 21% Jun 4.10 Apr 12 Jun 8g » 17% General 20:,'i 17c 13,200 103,550 32,810 3.15 68 9c 1.75 8c Feb 19% July Jan 9% 30,800 22c 19c 92% ' July 10c 311,200 89c Jun 4,848 22,100 20o General Apr 33c 4,390 13c 31% General Jan 33c 3.00 „—l Mar Mai 14c 31c — 93c 28c 3,500 3.00 _I ' _• 11% 29% preferred — preferred 45,850 3.670 107,. 10%c Jun Jan 19 Jan 1.90 Mines Ltd Geo II,000 —-—* —... Petroleum Feb 5% 21c 13% 14% 520 —20 j— Trust 5% % Geco 16% Mar 7%c 65% 29,854 20% 27 Gatlneati Jun 6c 5.455 19-i: 19 .50c —_ pfd. Fraser Companies Frobishcr Ltd common-.. Jan 13 76 18% 11% 1 Canada 11c 13% 70 19 12c Ford of 12% 6c 38c Jun 50 940 73 10 %c 22%» 18 % Alay 20% 1 Mining 13,000 36c 33c A class A Manufacturing Fleet Apr 1.65 Jan 1.41 Farmer Genex * Mines Mines-— Consolidated 1415a;, 12c 13%c 1.4%.c 15%e Jun 2.45 May 170 1 National Consolidated — 67 1 Mines Enterprises Commonwealth 14% 12 %c 1 Mines.—; Copper Yellowknife Combined Coniagas Con Key 3.75 * Cody Reeo Colomac — Knitting class ''A———* Bar Coclienour Coin __ lG%c Jan Si % July 1017b l Ltd——— •Ford Motor Co 8%c Mar Jan Jun 115 July- 10- Jun Jan 97 99 1 Preferred Feb Jan 8,50 41% 51% 27 Jan 5c 15% Alay 825 10 48% Feb 127b July Jun 16,247 10 51% . 7% \ Jan 5% 11% . —_l Fittings May 1.90 6 %> July 450 31% Francoetir 24 92e Gold 4,315 14 %c Jan Apr 52c Cliiino 1,905 14% Nickel ——.—♦. —* Players Canadian——.—-__* 9.20 25c 75c Chromium Mining & 6% 12% 12% Apr 1-52, — — Insurance Foundation 19c 15,000; 107,700 6% lUb. 20 8c common.. Mining Jan 19% 475 24 5%c 4,035 3c ■1.63 Mar Kayrand Cop Min —1 Chibougamau Mining & Smelting—1 Chib Sol 3.10 Jun- 1.30 2,750 3,175 24 1.75 — Debentures 1.40 13% Jan 247 b Mar 9.85 64 Mines Famous Apr Jan 14c 4,500 8.90 Jun 9.40 22% 14% Falconbridge May" G.05 19,725. 36c Jim 5.50 1.05 32,308 1.40 24 — 39c 1.75 12% Mar 9.40 May 7.65 13c 14%c 1.07 Feb 7,250 15,375 1.27 1.35 24 • 1 — El Jan 1 Mines Eldrich Jan 9c Wines——————.!—.—* Alhies Chestervillo Jun 10c • s_ Gai Chateau 32c 12,050 13,500 7.00 2174 Alay 3.730 1 Jan 101,885 18c . Apr 19 1 Mines Federal Grain 10c 1.30 11 % 5.35 1.00 1 _ lildcr Fatima 56c 1.40 Jan 15% 18% 1 ; Fargo Oils Ltd 9c 1.20 7.CK) Feb 3^% 347a — Apr 2.45 lie 1 . Porcupine Jail 380 ' 1.62 Jan 1.02 * Mach Feb 26c July 35c I,800 Jun 22% 23';; Match Co.Paper class A Faraday 15e Jan 9,400 6.070 9.70 —1 ———— Investment Common Fanny 18c • •— — Eddy Eddy Feb 14,066 74c Jun 54c 1.15 331.1 Feb 10c 1.28 11 % 5.15 5.15 1.00 Ltd class Washing Economic Jan 3.00 540 10% 1,200 Apr 54c " • — •—%— ! Mines Oil Eastwood Easy 2.00 1.53 * — East Sullivan 53 Apr 1.10 1.39 —• 1 Tretliewey common East Amphi Gold East Malartic Mines Jan 1.47 * 1 Quartz..— Asbestos Cassiar Castle 20% 247.467 — 56c Jail Mar 19c July 1.10 10 Petroleum Dynamic Mar 1 _ —.... 9c 56c — Mines July 46 120 900 4,332 25c Jun 1..15 May 16 .-.1 - - Preferred Dominion Textile Donaltla May 1.60 7,005 16c 15c 15c*. 1 Captain Alines Ltd— Carikoc 200 2.00 — Mines • 2074 20% 1.10, 13c 12% Explorers Alliance 30% 33 49% 9c - & Apr Feb 48 15c 9c — Corp Jan 1.10 Dominion Tar Eureka Jan 1.70 5,000 * Chemical common—* 23.50 Dominion Stores Jan 14% 48 18C Jan 24 23 '-™ 17c 1,825 92%. July 23 1.95 18o 34c 20% 18% Mar 15 1 July July 20% Life 19% Jun 19c 20% Empire 75 6c . 14.012 21c May Feb 125 2074 22c 15c 12 July 15 Alar 28c lie 37 96 31 Mar 74c 30c 21c Jan 195 30 40c July 28c 15,625 23,100 15c 28c Jan May Jan 15 Jan 9 9%c Jan Jun 126 40 18c 32 Feb 45 Jun 30 15% May 29 .... 15 — Exploration Warrants 812 20 Erin Can 20 pfd-20 Westinghou.se Can 110 Jun 31% Mar Jo u 6c 2,125 195 927 b 105 28% 31 * 7e 186 92% 18% Feb 30 10 6%c 7c 195 30% May 27% Jun 11% Mar 233 13TJT 44 1.12 Mar Apr 95 23,863 20%. 12% 44 44 _1 * Williston Cantlore 28 2974 26% 65 100 100 % .25 -10 preferred— Oil Feb 40c 3,215 _ Western Jan. 10,300 —_ Western Nat Gas Canadian Feb 45,282 Corp.— Canadian Jan 17c ——„—.—* Canadian 12 *jf( 20% 8%c 7,169 Alay 575 Co 47c 5,639 11c 100 Minerals 10c 30 8%c 19c 9 Copper 40c 29 9%(i 58 Jan - 36 Oils 42c 50c —1 1 Jun Jun 11c 25,891 15c May 48',b 75 100 17c 12% July May 34 9 Duvan Jan 13c Jan Jan 12c Apr 8c 26 36 Duvex 45c 100 — Jan 2.60 Jan Jan 8c Apr Jun 25 Apr 1.75 9 Jan Jan 10 15% 6,500 50%. - 5.15 Jan 17% May 6,000 - . 3(i Jan 8.50 Jim 7% Mar 100 10c Magnesium 1.85 42c . Wallpaper Mfrs Jim 5.00 9c 9%c 10 %c Scottish 14% ! July 84c . B 1.12 May 62c Jun 23c 10 3,342 preferred Canadian Viekcrs Canadian 2,290 11% Canadian Tire Corp common Canadian Utilities 5% pfd Canadian 6.00 17% - .——— Thorium Canadian 6,664 4.2.220 Invest coin—. 1 Dominion Steel & Coal common——•—* Jaw 2.90 35 Feb —..." _1 Railway petvofina Canadian 3,475 Jan 11 % May Apr 25 .5,037 1.23 10% 33C '13 ,——* — common Canadian Pacific 37c 1.12 10%; 11% 11% — Mines Canadian Northwest 5 , Apr 2.05 18,558 312 —1 Gold Canadian North Iiica 7% 2T5 31% — —— 2.70 Apr 3.00 2.84U 1.85 — Preferred 1.3DMar -2.00 July 21% > Jan July 500 4.00 22' Jan 12c 68c 14c & Steel common.—* Dominiou Foundry '■■■' 10 ....—• A Jan 21 10,029 — class common Jan 6.05 537 30c 100 Mar 58c Apr 77 be 50% conv-—- new Warrants July 4.10 . 300 308 2.00 14 July 36c . 31% —* 25 ——— Elcctrohome 5,755 I. 500 ' 84c Jan 'Domhildh % 10 '•< •7,700 70c 18% preferred Dairies common Don! 12 36c 2.31 3274 35c 1.20 10% —-—-—-1 Jun Coal Dominion 4.90 21 10% — Oils Oil 8% ~ Jan • 38c 20c ————10c Crest Canadian Homestead Jan 1.57 July 4.50 May 23,300 10c 2 Douiinion Bridge Apr 12% 2.80 40c 50 % —« Dome Petroleum 5.55 Canadian High Dome Mines Mar 68c 36c 53% Distillers Seagrams—— 23 % 17 2.750 Jan ——• ——2.00 16% May Feb 1.17 Canadian Canadian Husky 7.75 July 18%, Jan 26,965 11% 15%'C Horn Deer 115 12 Mines ...— —1 Eagle Oil warrants — Canadian Export Gas <te Gil 16% Canadian Fairbanks Morse common—'* July 8.50 July — 17% 84c 1,125 10c 1. 1 ——1 Explorers 910 3.25 13 1 ——-— 3,844 80c 21% Feb 12% 9%e —, Cusco Mines 15% 2.80 2.50 Mar July —10 — — Crowpat Minerals 17% • Jun 18 % —5 ——- — 23% 4.65 Canadian Dyne Jan Apr 14 1.74 1,947 12% Mar 3.45 Mar 4.10 32,917 "II ——— Trust Zellerbach 23 3.00 4,70 Canadian Curtis Wright—— .•_* Canadian Devonian Petroleum ——• Canadian Drawn Steel pfd—;—,——* Canadian Dredge & Dock new—™ —* Jun 1 167be Mar Apr 5,250 1.95 19% 1 ; Pcrshitig 15% 31 —,——1 — 8,855 8.50 6.20 12% 1.26 8% 80c & 17 7.15 23% • 25 25 — — Cellulose—™—• Pete — —* common : —3 Canadian Chemical Canadian Chieftain Preferred • , 15% 7.30 15 %> —...— class A Canadian Canners • 20 Commerce— warrants B 1 —— 5.00 May 11c 13c 1.84 3.90 Croinor 49 Alar 18% 2.05 Crestaurum Mines Feb Feb 74c 12 %e 22% L Feb 2.85 Mar if Jun 25c ,_5UC — (R L) Ltd-i Apr 39 Vo Feb 11,900 — Jan 4.15, Jan 6% 200 29c Bit Jan Cree Feb 4.95 3.90 2,825 7'i 26c 10c 55 Petroleum -1 Canada Steamship Lines common-—_• Preferred —.——12.50 Canada Wire & Cable class B * 4.10 . 105'4-Alay 100% Alar 40c 67% Canada Southern 3.95 1 57 Mar 302 1 — Jan Mar 104 70c„ < — Feb 88 Jan 102% 5.75 Mar Jan 2.00 Lead Feb 50c July 106 4.15 12%. 49 67% 90% 45 Feb —. 58 10 Jah 100 19 51 r— 34 10 13c 50 Mtge 8,473 1.10 Alar :: 1.87 478 Safeway Ltd preferred 100 Oils warrants——— 4,570 45 104 1 430 Canada Southern 5.00 104 7% 56 Canada Permanent 4.65 42%. Ahfc* $6c 54 Canada 55c 104 67% 53 6%c Jun 4.75 53 56 • • . B Class . 4,000 8,230 44% 66% class A Canada Packers Alar 8c 60c Imperial 1.05 Jun Jun 14c 7c 56c 4.00 Chiboug-—!— Copper Rand 2.35 1.45 Jun 55c . Jan High 25c Aiay 12c 42.500 Jan. 1 - 58c — Corby Distillery class A 24% Mar 31% 27 Low 19c Sfticc Range High 7%0 Copp 27 ''■> Shares 18c 19c Consolidated Regcourt Apr 26% 02. 24% 33 00 ——— . Apr — ■—* —-26 ——•* common 21c 27% 100 —2 preferred 135,391 3.75 * 20 * —* 10 Preferred 30c n0.^ 7.0.) 11 1 1 Canada Cement common Jun 9e Calvert Gas & Oils Campbell Chibougamau Campbell Red Lake_— 14c "6% • 100 * preferred 1.049 25% -5c 71c 15c 21 %c -~ . — Calgary Power common™. 26%c Feb 15c for Week Low Par High Low High LOW Par Range of Prices Sale Price Range Since Jan. J Sales Week's Friday Last Range Last Sale Price ENDED JULY 10 Sales Wiek's Friday 8%c 8%c 12 %c 6.523 8c Alay 15c Jan 1 8c 8c 8c l.loO 7c Jun 13c Feb 2.69 July 4.80 Feb Feb 15:% 14% 15% 17,913 19 Jan 8c 40c Mar 3.75 3.40 3.95 12.660 2.65 Jun 7.50 Jan 7c Feb 8%. 8 8% 370 3.50 Jan 87b Jun 20c Mar 30 22 22 22 10 1374 Apr —I 8c 8c 9c 19,500 6c Jun 15%cMar ,_1 Gunnar Alines Gurney Products common Preferred Gwillim Lake Gold 2—* 13 Alay 23 1A1' Jun rt A nv. Volume Number 190 5863 . . The Commercial and Financial Chronicle . (191) CANADIAN MARKETS RANGE • - Haha Brass Hamilton Par Cotton Low —4 common 1st preferred Rights 15 Feb 20% 1G 200 15 Jan 20 Feb 1?% 14% G,(J45 10G 40 71c 72C ooc 13% July 103% 27.833 JULY 10 Far Jan 105 '/3 — L — 150 1G 1412.. 190 — FOR WEEK ENDED High 1914 10 * — Low 1914 4 common Hardee Farms common High 19 i Massey-Ferguson Ltd - % Mar 106 V4 Apr * 50c • 14 13% 14% 2.380 July 8% Jan 72c July 15% Alay 1 10%c 10 %c 12c 29,150 10%. Feb 14 Harrison Jan 1 15c 15c 18c 14,950 14c Apr 25c Jan 10 Apr 11 Apr (J class F) Gold A—. _* (Geo H) Highland 500 McKenzie IGc 19c 28,795 Apr 8%c Jan Feb 18c 24c Apr Mcmannac 37c 3Gc 30c 17.800 34c Jun 58e Jun _1 6 Vic 6%C 7c 9,600 Apr 9 200 6Vic July 6% Mar 11c 9 10 Apr 4.15 : 4.15 4.15 200 4 Jail 5 Vi Jan Mercury Chipman 500 5c Feb 9c Jan Merrill 1.G5 300 1.61 Jan 57 '355 • common Alines— Bell l 1 —— Hinde Ai Dauch 5%c 513 1.G5 c 25c 1.95 Alay Meta (Canada)— • Jan 77 Jun Mexican * 8 3 8 100 6% Feb 10 May Midcon • 5.00 4.75 5.00 400 4.00 Jan 7 Mar Tower Holden 57 311 5 56% 31 a 31! a 47 3,335 30% Jan Home Oil Co Ltd— .Class A Howard Smith Paper common Hoyle Mining 15% 17% 10,925 14% Jun 21 Jan Mill 14% 16% 11.763 13% Jun 20% Jan •12 Milliken 40 905 46 Feb ,4.15 4.35 1.575 46' 4.35 • —, Hudson Eay Mining & Smeltinu Bay Oil 1 -Hugh Pam Porcupine Hughes Owens Co preferred— 52% • • Hudson Huron & Erie JI 16!a • . - 171 • — 18 14c 15 %c 25 20 . 5%% 9%»c Jan Nam a National Drug & Chemical common 11,134 35% 75 15!'h 5,555 7 — 5% • 5: ii _10 20% 5 'a 5% 6 Hi 6.R70 15 15 15 550 2.00 2.40 1.420 45c 45c 869 9 19 4 Ltd— 23 95t 971« 32% 32% 32:!.j 23c —1 Credits 17c 5 Investors syndicate ————— Syndicate Glass „ ——-a— I Mining i Uranium National 3.25 Apr Feb July New Jun 42% Jan Jun 41 %c Jan New Continental 55 % Feb New Davies 7% May New 42 % July 21% (Jan 35 33% 98,880 2.10 1,500 14 14% 2,200 1.90 12 Jan New Dickenson New Goldvue New Waite 2.55 •Jacobus New Jason •Jeilieoe Lake 12,600 43c Jun 82c Apr New Kelore 14c 10,500 10c Mar 20c Jun 3.15 Mines Joburke (1939)-. Gold -Jockey Club Ltd Preferred Glass B J. preferred Warrants —. Jowsey Mining C'o Ltd Jumping 21c Feb July 34c 2.50 2.40 2.GO 17,185 1.90 Jan 2.80 Apr 10% 10% 395 8% Jan 11% Apr 9% 9% 225 .8% Jan 11% 52c 55c Apr Apr 27c 27c — L — 15c 17c 26%c 24!aC 54c 16,000 37c Jan 500 26c May 45c 16c Jun 26 %c May 72c Feb Jun 28c Jan 55c 2,787 52c 21c 2,500 17c 2.30 4,000 1.90 69c — of Gold Renville Mines-. 2,475 8% Mar 11% 5.35 5.50 955 4.GO Mar 7.20 10 9% 10 340 7c 5,500 21% 20% 21% 13,540 3.25 3.20 3.GO , ———_ —1 G —__—1 Copper Glass C 9% ,44..——— Canada-- -Kerr-Addison Gold Kilembe « 1 ——.— warrants- 87 9 • Warrants -Kelvinator Kroy Minerals Oils Labatt Ltd %C 8 (John) Dufault Lakeland 2,275 Mar 21% July 4.10 Jtin Apr 2.35 Apr 14c Mar Mining La Luz Laura Gold Secord Leitch 29 .30 29 30 1 1.05 1.05 1.10 1,250 92c 95c 4,745 — Jan ~ 27% Mar 30 25% Jan 31% Mar Jun 1.47 Mar Jan 1.50 Mar 1.00 GOc 2.80 2.80 2.95 ij%c 3%C 9%C 9,000 8%c July 28c 28c 30c 9.000 22c 5.40 5.40 5.50 2,753 34c 34c 1.050 1 1 / 4.30 class Gas Mar Class MacLeod Macmillan Madsen Bloedel Red Mngnet Cons Mines- 2Gc Jan Malartic Maneast Manitou Maple Goldfields Feb May 7c May 12c Mar 30c Jun GOc Mar 7c 10c Uranium Milling Milling Nova 1.40 1.4G 13.800 10c lie 9,500 10c 4c 3.500 3%c Apr 2.05 2,350 < ■ — 1.90 1.36 Jun July 1.95 July July 28% Apr 30% 3114 30% 50:,.i 1,215 31% 32!» 3,780 32% 31% 84 2,630 4G 1,845 46 45 11% 10% 4.75 17c 4.75 GOc 1(;c, GOc 12 7 8 1.825 11 960 4.75 , 100 130 6.00 Mar 1,61 Mai¬ ne Maple Leaf Maralgo Mines Jan 2.48 Jan 29% Apr 32 May 31 Jun 40% 30% - Feb Marigold 12c Jim 43c Jan 12c 12c 14 %c 4,300 12c 22c Mar 36c 40c 5,050 35c 22c 21c 24c 12,571 2Qc Jan 21c t:v 22c * 20c May • see Jun 2.55 2. GO 7%c 8c 6.625 7c Apr 1,125 10c May 72c Jun 89c 87c 1.00 66,625 7%c 7%c tic 2.25 5,333 13c 12 Jail Feb 73c Jan 36c —^ — Apr 38c Mar 2.67 May -11 Vic Apr 15c Jan 1.53 Mar 7c Jun 12c fi %c Jan 27 Vic Jan VjC 14c 2(ic 30c 63,300 12,000 38c 40c 2,700 1.70 1.36 1.77 747.100 7c 7c 1,500 6c Apr 9 21c GVbc 20c 23c 97,250 10c Jan 26c May G%c 6%c 4,400 Gc Jan 10c May 1 95c 95c 1.02 2.300 92c Jun 1.40 4 14 14 14 240 14 Jan 15% Feb * 13% 13% 14 85 13 Jan 15% Feb 07c 95,948 ' -—• Apr 23c Jun 41c Mar 30c Apr 55c Mar 1.18 Jan 2.71 May Vic Feb ——-1 —1 02c 08c 74c 75c I,700 I 1.75 1.75 1.80 3,910 1 (jC 48c Jun 78c May 29c 32c 2,833 26c Jun 52c Jail Ltd———1 Mines Obaska 1.17 1.28 20,330 1.27 1.44 13.057 58c 6'8c 2,000 47c 2.95 15 Gold Okalta 3.00 * 16% July May 44% May 15c 6 Mar Orchan Orenada Gold 46c Jan 450 11c May 7%c 1,000 IGc 22,1)50 12c Jun 40c 7c Jan 19c Max 23c 11 %c Feb 4,405 35% Jan 45% July 23)5 3.05 15,975 ,2.55 Jan 3.45 May 13,180 G%c 7c 51c 95c 1,820 75c 18c 13%c 2.578 12% 96% 9G% 9G% 95 23c 23c 27c 19,900 92 20 %c Jun May Laoe GGc Jan 1.47 IGc July 28% 85c 3c Alar Feb Jan 16,030 71c Jun 180 4,500 16C Jun 23c 29% July 29% 355 26 Jan 24 365 22% Apr 8.30 July Jan 74c 83 c 72,550 9c 2614 Jan Jan Jan 12% Mar 9% Jun 1.34 Jun Jun 8C July 13c Jun 65c Mar Jun 45c May 9c 3,500 37c 5,280 30 %C 30c 30c 3,000 30c 1 14% 13% 9.20 1,200 33 30% 33% 6,844 28% Jun G8c 1.700 D9c Jan Gc Jun 3lc 1.35 72c 9c 34c —1 Mines——, 1.07 Alay 18 14% 1 Jun Paramaque Mines Parbec Mines Alar G8C Canada-—— Warrants Palo Consol Gold Apr Peerless Mar 1.40 Mar Preferred Penmans Mar 97% Jun Peoples 42 %c Mar 2.500 8c May lib Feb Pernio 8.500 11c Jan 20c Mar Perron Gas — & Gold Peruvian Oil — Oil preferred Mines & Mines 13c Mar 7c 5,000 15,500 30%c 30 %C 32c 3.20 3.10 3.20 225 ii2c 30c 32c 10:000 4.35 4.40 200 3.90 Jun 5.30 Jan 1.50. 2,245 1.10 Jun 2.15 Feb • 1-50 1 —1.25 — cominon__— Preferred 8c 12c 12.05 Mar Credit ! Alay 5%c ——50 —»—-— common Jun 36% Mar Gc 16%c 25c 1 1 2.85 306 3.15 Feb Jun Feb 7Vic Jan 58c 1.00 65c 5.00 Jan Jan Feb Apr 3.90 4.25 20c Feb 25c Apr 18c 8,095 3,250 3,333 18c lGliiC IGc May 22c Feb 22c 25c 9,420 18c May 36c Apr 11% Jan Jan 9 — 9! i 3,040 9 45 45 35 44 Jan 34 250 30 Mer 36 Apr 29 29 180 19% Jan 29 Jun 97 J un 98 ^100 2 . , %c Jun 33% — <! " 1.30 16,860 4%c July 20 18 %c 4.05 11 Pembina Pipeline common Jun 12% x79c 4%c —1 Exploration ,„„..18% Jan 6%c -1 PCE 1.25 Jun 4%c — Paymaster Consol Exploration Ltd—, Feb Jun 8.00 .-1 — Mines_^———; 1 Drilling ————.—.—— i4 of 12% 24,867 34 —1 _—— Amalg 5c 11c 16% 425 74c %e July 154,515 —1 — Porcupine 19 % Jan 17,610 ,-tC —T_.——.—:—1 — i* 8c 1.07 84c aC 3.35 • 11c 40,005 Apr 882 Petroleums Pacific 8c 1.32 Jan 15c 10,130 Page Hersliey Tubes————... 12c 1.14 23c Jan 8.75 Osisko Jan Jun May 7c 29% 2 43 O'sC 15c 8!a Patino 41 95o 1,500 5,500 l3/4 1 C%c 18c 10 %c 8 7Gc Pardee 18%c Feb Alar 2.00 Alay ^0c T.90 Pater Uranium— Feb 30c Feb * Parker 1.04 4.00 Jan 1.35 —1 :—L Feb 2,025 10,300 Apr 13 %c 1,260 7.90 Jan 110 1.19 1.13 3.05 25,650 7.90 24 Jun 23% 1.08 2.737 18c 1.45 23% 21% 3.10 23% 1.13 3.50 15c 17c 75c common jap Jan 27 % May 1G ~t' Debenture——..—10 Jan $Iay Jan Jan '80c 90c 55c Gc Jan 25 Jun 17c 10c 0 16c 21% 16% 17 1.35 1 Jan 3%c Jan Jun 3.40 15%c 1 7%c Jun 205 Apr 12% 5 25c 3,000 1.85 20% 571 921,009 5.00 Jun 2G% 29,550 28 May 1.25 26% 35,700 Hie Feb 3.00 Jan 11c 3%c 14% 1,000 13,439 3.05 3%c 9,751 4.900 1.45 15% Jan 5,000 27% 16 4.50 14% .—._..—•—_— Ormsby Mines 11c 10%c 15 • 15% —*—• Mines Mar July Jun 3%c 1.14 4.30 3.85 1.35 15% —-1—* Opcmiska Copper Crush 67c 22c 2714 . Jan Feb 35 20 —-1 — Malartic 26C Gc • 1.80 12 4 Orange 1.12 42!?j 1.98 May Jun 2.50 510 • —-—,—:.— Jan Jun Feb 6.075 Gas Mines—— Oils July Jan Feb 16% 1 Jan 29,450 1.11 1.80 49% 30c 34 %c _r 4.60 14% _• Cement. Loan Jan Jan 42% _• Mines— Steel, Products 2.06 Alar 10 *r„ Ontario 25c 2.90 34c Jan 22c 42% ——* ——— Ontario 6c 10%c 9%c May May 27c 36c * —— Mines-.— Jun 1.00 4.50 Alar 50 — Mines Feb 7%c Jtui Jun 91c 60c Telephone Lake O'Brien Ocean Oleary 11c 6c Jun 1.20 1.34 — Mines Jun July 2.75 1.18 — — Feb Mar 9%c May 1 warrants Alar 43c Jan 13 %c 900 Mar 13 Vic Feb 15c 16,900 30c 50 Apr July 3.15 ———-1 Uranium May 4,75 July 8Vic Feb 690 42 GOc Jan 69,976 17% Mar 6%c 5%c Jun II,000 1.18 Mar 1.20 Jan 2.65 Mar 72c 48 14,100 Jun 1.34 Jun 21,000 Jun Jun 1.73 2.99 Jun 10% July Gc 5%c 51c 71c Jan 60c Nudulama Feb 7%c 14c 1 44. July 10 %c 10%c 2.GO 7 Vic Apr 1 Beaucage • page Jan 13,000 5,111 1.25 21c 98 55 1.20 1.30 21c 23c 7,500 61,975 1.40 1.40 —; For footnotes 5c 1.21 Northern ,_1 ; Apr 29c 2.85 Jun (i7c 100 - Oils 7c 4,200 GOc 42 % 18c 1 Marcon Mines 8.700 2.99 11 • Maritime Mining Corp 17,900 10c 31c 15612 May 31 1 preferred 7c 8c 29c Jan 6%c 22 %c 24 %e • .1 common Gc Jun 1 Norvalie Jan 25 1 Barvue Leaf 36c Feb 20o Northern Quebec Power common— 3.75 3.30 May 1,865 • - Jan 25c Ontario Natural 130 1 Maher Shoe Ltd Jun 20c Ltd_— Northern 28% 1 Majortrans 56 Apr common 5.80 May 38c Jun Jun -* ; Jan 8%c 4.60 Mar 19 4,100 —— Exploration A Jan 1 Lake 49 Jun 32,720 Jan 4.45 29% _20 B Jan 2.10 22,275 1957 warrants 3.00 1 class 16 17c Canada Class 23% 1 Cocksliutt 100 2,921 1G%C Northern 100 l 1 2.50 18% 10c 1.1 %c Jun 29 1 Mines Jail 2.50 15c Jan 245 1 Mines May 5.50 13%c Jun Uc Explorations Macleods class A pfd Anr 28 ir,c 3.25 180 1 Macfie 4.55 May 23,600 12,500 — %c 11 1,685 —— Macdonald 26% Apr 225 30c Parnour Macassa 35 4.80 38c — Preferred 3.25 1.99 —* — 27% .17% 18% —-1 North Star Oil common—. 4.30 12% : 27 4.80 Aiir 15c 10%c A 25% .* 1 .8,050 )5%c Mining 34c 29% -• Lyndhurst Mining Co Lynx Yellowknife Gold Mines- Mar 9c • Northspan 3.10 1 Louvicourt Goldfield 8c He 1 Warrants 4c 50 — 18% Apr 7%c Ltd Canadian Oils North 1.40 ■ • A— 18% —1 Oils Jan 30 Lorado Uranium Mines—— Warrants 2.50 Mar 2,400 -30 - 39c Feb Feb 100 27 Mar Jun 14% 23,800 94 16 1,340 Norsyncomaque 25-8 1 - 16c 14% 16% 3.50 Northcal 3.25 10% Hosiery 19c 1G 1G 1 Norpax Nickel — 25% Ltd Point IGc Jun 7c — Rankin Long Island Petroleums—. Long ice 16% Jan Glc 3.30 2,225 4,585 L. London May 3.30 29 u, 29% * 1 — (M) 42c —1 — Goldcrest 1 Loeb 17,240 * North A—— warrants A 51c — Normetal Mining Corp— Jan • Preferred 4Gc Mar 1.04 31c 95c :4 Class 51c 50 40% July « 22,200 Jun commfon———* Class B Jun 33c 43c preferred.——4_ preferred class Jun 47c 33c 11,450 Little Long Lac Gold Cos 37 11,837 33c 54c Mines—J— Loblaw 15,481 51c —1 48c 1 Mines-.!. Gold B 40% 50c 1 —1 Mines 48c 3 Gold Class 38% 51c He Nortligate Gold A Feb GOc 3,000 Jan Mines—J—— Groceterias Jan 46 7c Jim Candy—— Lexindin Glass 17% 30 __ Lencourt LoWaw 945 Gc 2.17 i— Mines—— Lamaque 3,300 40 7C 86c —. 1.25 Apr 20% May 92c 19% 47% 15c Jun 1 .—J. Jan 88c 18% Jun 50 Mar -J—— Apr 6,000 48c —1 Mines— Lake Wasa May DO 3,519 G8c 1 Lake Shore 42 Jan 21c 9,306 Mines 'Jan 75 52% 15,303 Gas Lake Lingman Gold Lake Osu Mines. 40 100 18c 59c — 350 83 51 % 1.85 —i—:——~1 Mines 41 52% 50c . Lake 41 Mines—_-—-——1 —• —- Jun 28% 25c — 20o Ltd 29 Jan • Norlartic Apr Apr 12% Apr fic 18% i— Gold..- Acme 1.55 Labrador Mining <fe Exploration—. Lake Cinch Mines —4. Feb Jan 22% 47% - —— Nor 52c - 27c 22% 387 1 - Noranda Mines 1.67 — Jun 837 28 35c -L-:——;—— 1 — — . 12c 28! a 82 7 i, II 1.075 16% Mar 27% 90c Mines- North Kirkland 15c : 27% * Nickel Mining & Smelting— Nickel. Rim Mines—— Nipissing Mines Nislo, Mines Feb 3.00 Mar July 5.3.3 Kelly Douglas class A Gold B Norgold ■ 13c •> Jan 47% New Superior OilsNiagara Wire common——— Class July 18c 21c 2.10 ' 1,001,650 1.90 54c lc .. 14J. 0 %c Mar 13% Jan 10% 3,105 28% -1 New Rou.vn Merger New Senator Rouyn Jun 100 14% 37c. Mines Mines Newnorth 12c •9c 14% 1 Jan lie —.15c - July 9c '14% 1 Jan 52,100 Petroleum- Pound Jupiter Oils Jan 9c I" ; Feb. 7i.._,c — Jun 39,100 • — 3.75 1 12% 12c 12 %C 52c — Jan 1 64c Jun lie -—1 — Mines 4. 2.85 _• — Jun 14c 10 . 300 75 Mines Jun 1.70 12%c — Joliet-Quebec Mines Jonsmith 500 • T 3.25 1 8 6,000 10 common-- ———— 3.20 • 50o 27c 100,424 30c 8% 1 ———— Jan 68,850 Canada— Mining & Smelting New Mylamaque Exploration——. _l * Mines 2.98 28c 1 2.90 New Manitoba 8% 29c 1 ——4—— Jun 54 Mines- 51c 2.62 35c — Jaye Exploration 'Jefferson 1.31 15e —.... of New Horco Mines Jan May 12c 12%c 17,945 1 Mines——. 48c 20c 1.76 54 Harricana 16 .<• 1.50 1 Pete—— Jun Newlund Jack Oil 4.35 Mar Jun 1.60 Jun Feb 1.59 1 ' 1,855 2.30 1.95 49c 13c Delhi Mines. Apr 49c July 54. - Develop. Concord New Jan Jan July 20c New 5-% 2.09 Gold— Jan 26% 48% Mar Apr 1.35 15c 15c Mines Jun 225 1.90 10 — Calumet 12% 0,188 13,871 1 Mines 05c 5,775 32% _1 ! New Bristol Oils.. 23c 7% Apr Apr 1.75 14% Jan „1 Bidlamaque 32 Jan 1.00 1.55 12 Vic Mar 23c • Uranium 20 53% j - Atliona 9% Jan July 25c Alger Mines. New 10c U6c • New 97 % 10,750 * _■ — Apr 280 421 Trust Labine • 75c 8%c Nealon,'Mines 70c May 2.09 , 16% Mar Nesbitt 98c GGc Jun Jun 1,100 20 Car— 25 3G0 6% 14 % Steel 20 33% preferred- Petroleum National Apr 33,700 41% 1 10 National Jan 1 — ——. . Apr Jan 25c class |A Mines Mines.— 6% 25c comipon 15 July 8c 13 14,325 1 Explorations Ltd preferred National Hosiery Mills class B Jan Jun 64c 100 16c 5 Grocers 7% July 32,000 5 — -21% Feb 2.00 40c Mines 22% C ■> Jan 11,500 68C 1.90 Mar 2Gc National National 7!'a Mar Jim 0% Creek Preferred 83 11% 51% 52% • Interprovincial Pipe Line i rlntei provincial Steel s i — ——il 15,802 17c 17%C * com warrants Irish Copper 23c 241 11% Jan 17% 23 96% * Petroleum 23 • Jun 15 19 „25 53 May 15% July 7% Jun 4% 2,923 1 20 Multi Minerals 40% July Jan Jun G% 1,580 19% — Bldg 6 Jun 49% 200 20 Mining <fc Development—1 (International Rnmvick 7 Wright Iron— Mar 11 9%c 13 •la. G5c Jan Apr Jan 1 14% 5% 12% Apr 5% Jan 50% 8c 13% 1.00 Jan 70c 8%c Jan 1 38% Jun 40 3 u 13,055 3.35 25c Jun • common 3,955 Feb 1.33 • 8.827 6 1.11 2.50 Mar 23c 1 13% Jun 200 25c 13 %c 5 Trust 4114 5 41c j 75 100 13 50 — Mt May 2,000 40 j 30% 33% common. Jan 41c 12,300 12,993 15c • Corp Jun 34c 2.80 ^.>c • 41 38% - Investors 46% Moore Jan 30c ,'r" 1 Preferred Jan Apr 12 %c Tbc Mines— B Montreal 92 48c Apr 2.GO £g 'nc • Knitting preferred Mdneta Porcupine Montreal Locomotive Works 77% Jan Jun 8c 3f)C — Min Jan 25c 6,525 41c * — Alolsojis Brewery class A May Feb 42,500 70 • Corp. 7.15 May May 15 . Mining Corp 8c Jan 1.78 Mar •95 1 — 12% (5.00 Jun 10 50% Preferred Iso 215 39% International Bronze Powders com Iroquois 1,855 • common common —. International Nickel Co Bay 8,230 11 80% 5%c — •••Warrants 'Iron 6.65 80 G.35 Apr jGc Monarch 80 Apr 81% Jun 28c • i Metals Ore 1.00 1,515 13.50 Uranium Brick Class 10,000 r 1 Jan Mar 55% July Jan 1,260 Natural Gas B 62 18,000 Inland Class 1,285 6c Ceme"iitp€o preferred Interprovincial 73 • 1.5G 90% 30c 33 %c Jan 6 Jun 12c 22c Feb 14c • Jan 25 Jan 5% Inland •- 49 i——.50 Inglis (John > & Co International 1,325 Gc Ingersoll Machine class A_ > 20c Mar pfd— 13:,8 — Inspiration 21% 63% Mar Jun 25 6c : Accept Corn Ltd preferred— Preferred 40 Power Petroleums Mindamar 1.45 88% May Jun 4% -wo • Lake Milton 5.23 Mar 14c 7,242 10% 80 Jun 51% Jun 15% Jun 1 i Warrants - 55 72 6.60 ___ Indian Lake Gold Industrial 25 55 73 ——— - 6,901 1 Mortgage 4.00 6.043 55 —.— i 54 18% —25 Imperial Bank 10 Rights i Imperial investment class A— : * Imperial Life Assurance— ;• 10 Imperial Oil + • Imperial Tobacco ot Canada ordinary_5 6% preferred : _4.86% - 52 17% , 39% Apr City 51 9 Zl Mines Midwest Industries Gas_ Warrants • . Class B 14,303 • Midrlm Mining 35% Alar 15c 12c Feb. 113 50 8c Feb Jun Jun 810 4,000 5 * & 40c 16% 150 14c 50c .1 Light 105 \ \ Jan po3/a 1.25 Oil 106 pc Knit Uranium 45 • 3oc Minings Island 130 1101/4 1 - Jan 5 1 Lake Jan 10 % 108 1 • Lake Red High 25 %c 63,207 13C 50c Gold Mines Medallion Petroleums Mentor Expl & Dev Drilling Mfg class A •Holiinger Consolidated Gold Hi Red 34c Low 24,900 1G % . 12 %c *5 "1 McWatters & Co Paper 18c 110 " • • l . Heath Gold Mines Heva Gold 400 20c — Headway Red Lake Hendershot 10 la 20c Consol Ltd l Head of Lakes Iron— Hees 10 la 1 Mines Matachewan Maxwell High 31c 15% 130 —100 Mcln'tyre Porcupine Haxtz- —, 33c 15% —100 Maybrun Mines Mayfair Oil & Gas ;. —. Minerals Hasaga ■ common 4%% convertible preferred 5%%, convertible preferred Jun Hard Rock Gold Mines Harding Carpets Low Martin-McNeely Mines 100 92c 21c 1.25 Jun July Jun 48% 101 % 1.80 29c Feb Jun Jan Feb 1.75 Mar 43 k 44 The Commercial and Financial Chronicle . . Monday, July 13, 1959 . (192) CANADIAN MARKETS RANGE Low Par Petrol Oil & Gas_ 1 Phillips Oil Co LU1—.— Photo Mines Pitch Ore Uranium Place Oil & Gas Develop.. Placer Oils.: Ponder Island Portgage Powell •- Prairie Oil Roy _ Electric— President — Mines Uranium purdex Minerals Ltd- Mar' Toronto Star preferred — Class 1.80 May Jan 5% 20c 3,000 20c Mar 3lc Feb 1956 70c 67c 21,300 2.587 500 43c 89c Jun "36c 43c 03V 05 522 2.75 800 4.40 4.50 54/2 5% 0 8.35 Mar Twin City Shawkey 1.50 5.60 July Juil 4,274 3.70 Jun 19,000 Jan Union 2nd Quebec Metallurgical Quebec Natural Gas .. * .Queeuston Gold Mines— Quemont Mining . Petroleum-— Quonto Radicre Mines Uranium Rainville Ltd.—: Mines —- Oil Ranger Reef Jun 76c Mar 36c Jun 77c Mur 10 ,200 21c Jun 47c Mar 5c 5%c 14 ,000 5.05 4.00 5.50 6 ,875 10c 10c 3 ,000 14c May 22c Apr 72c 70c 16 ,478 71c Jun 95c Jan 17 16% Jun 22% Jan 15c Jan 33 %c Jun 70c 20 % 11 ,617 19%c 18c 33c 323 ,368 11% 11 11% 19% 13c 1.25 131,250 44c 21c 23c 5,755 21c 1.80 1.74 1.90 1,780 10%, 10 %• 16% 16,200 28c July 75c 62,500 46c May 65C 0c 7c 3,000 Cc Jan 10c 1.15 1.20 300 1.07 Mar 35 la 39 2,550 29% May 39 8,300 20c 50c —-—1 30 23'2 — 20c c 10 200 81 —50c 9c 12,500 9c 34c 18,700 25c Jun 3.00 25 26,899 40c 12,300 812 c 9c 14.132 11 % 10% 11% 102,811 a-.—,———100 ——1 90 95% —10 87% .♦ —25 7.95 '* 12 V'2 . Ryanor Mining — 3 3 %c 14 %c 14c * . 30c : 80' Jan 53c 14c 19 Violamac 5c Jun 14 %C Jan 88% —— 3,808 .325 13 3.080 10c 3.000 14 9 3 8 6.75 Feb 60c Mar 00c -Mar 30%c Feb Jun 16c 4% Feb 29 Feb Jan May r% Feb „ 19'« 51% . 12% Jan .13 155a Jan 50% Mar 19% July 53% May 21c 28C 52% 580 22c 21c 22c 3.915 4.90 5.00 1,700 1.47 1:42 1.47 24 35c 34c 40c 20,875 35,295 .... Jan Jan Jun 2,03 25 Apr 4.65 Jan Jun 61c Mar 3.95 29c Jan Apr 2.60 2.?0 2.23 12 11% 12% 1,040 10% Jan 12% Mar 2.35 2.30 2.55 70,550 80c Jan 3.30 May 1.20 1.15 1.23 7.200 88c Jan 2.75 2.75 450 2.18 — ..1 — — 1 7c 7c 1.86 Jun 1,43'May 30 '» 7c Jnn Jun Feb 1GC 257h 14,300 Feb 3.70 2.35 May 4,200 27 7c 30'» — . Jan Jun 1.40 3,250 Jun May 6.90 Jun 21 300 4.05 Jun 4.35 567 24 4.50 - Jan 24c Jan 10% 4.90 ,24 — lie 160 643 „ 3 4 15% 191 % (G Mar 17% 1G % Jan 1.10 1.25 45,370 85c 13%- 16,474 Westeei 1.35 —1 1,170 05c 6.481 5Gc lie 33c 19,100 1.05 1 9.00 01c 1.12 5.000 1.31 1.25 29,896 39c 45c 32,875 14 14 125 12 400 — 23 23 5.10 5.40 30 31 % preferred— — Class B preferred.!..— — Sheep Creek Gold ...——— A — 3.40 20,095 1.60 1.56 1.60 12.000 —_ 55c 55c 80c 1,015 55c t%c 5.c 0c 4.500 5c .* 13% 10c 10c & Gas — —^ .... Breweries.— Apr 4.16'May Jan 34c 10c $6 Wiltsey July Jan 15% May 13 May 11 Jan 4.40 Jan 500 2.75 l.on 12,034 1.40 Jun 2.25 Feb 3711 ;39% Jan 26 20 3-r.5 3.75 800 70c 75c 2,800 ,— 17%' f 6 Jun 26 ' July 42 '4 35 21 , 19 44% 87 18% 4,850 14% 105 105 106 45 104% 8 8 1 ii 4.000 7 1.36 1.60 22,150 97 c 97c 1,100 15c 18c 81,000 Cogldan 7%c 8c 3,000 5%c Jun 15c 15%c 1.500 14c 18c 1 — Larder— —1 : 24% Jun 1.36 1 ... Jan 1.13 . Jan Wood Alexander Jan Wood (J) Jan 1.84 Mar 2.60 11%C Feb 19 %c Feb Jan - Class • May 23 - July 31 200 4% 28 770 24% 81 81 81 40 22 22 227;! 1,790 18% Jan 11 330 9.10 Jan 13% Apr 1.51 2,050 1.28 Apr 1.65 Feb 33c 4 41c 266,900 7c 8c 10.500 7c. 7c 3,000 1.11 1.20 14.405 1.50 1.50 100 1.04 1.22 5c 5c ————* -j 1.47 1.50 ....1 —^ 10 3 11 .: ■ Wright-Hargrcaves 6 Jun 0 27 A—a——5 class warrants: A Feb Mar 5% 27 A....— — , Jan Jan 22c ...100 class Stores, Ltd Jan 1.85 May Mar 36 %c 7 91 Mar 24% , Apr Jan 4.60 3.05 May Preferred Woodward May 8% "May _* —♦ — Indus Apr 108 Jun 81c 14c Apr Mar 95 Jun 8'i) Mar 44% May Jan 19% :— Jan Jan —I — Feb Jun _* — ... . 34% Jan :.100 . Yukon. 4.25 1.06 Apr Ji'ly 16% 2.751) 90 Feb 28 84 % 6,052 42 90 100 3.60 70c 200 1 40 42 41% ♦ :.... 70 600 - 17 % 40' * 6% 3,035 - -7.30 Jan 34 .3.00 70c ........... Windfall 9c July Juh 26 ——20 Co class B_— A— ——— Wariaiits < Apr July 30 ...—a_—J' Petrol— Mines Willroy ; Feb 1:09 7>A i_* A class & Jan July 31% May 290 Apr 2.32 Jun 1.56 1.63 —.1 — — Pass 28c 93c Jun "1.30 1.140 1 - 31 %c Feb ; Jun Mar 220 —-— Petroleum preferred 2nd 321 ' Mar 6 ~K ...—~— class 13 3 19%. 32% 5 Apr 3.50 21c. 3,000 • 22c Feb 1lc Jun 6.75 Mar Jun 18c 75c - Winchester Jan 3.10 5,110 11.850 — Warrants Apr 95c 1.100 18% 02c Mines.—;———1 Naco 23 Jan 48 1.30 18c 76c Plywood 15 May 4.50 Feb ITVi 32% Mac 8,132 80C j * (Geo) Feb Jan JO 3.10 1 1.35 July 45% 40 _50c Sherritt Gordon 1.58 May Jan 40 37% 2l~c Leaseholds 80c 40 560 1.20 —50 . White 37% Mar 43 Feb 41 35%. 19%% Ltt?_,._i—•.-t—* Preferred Jan Jun 33% 37 % 40 Grocers Western Apr 33 40'., 8.40 Mar 1.000 preferred 135 1 40 f 50 Jun 21c 4(i C 35 33% 6.10 3.80 B Jun 40 33 1,650 21c Class 29% 5.611 6.60 3.65 — Warrants 11% Mar Apr 4.GO Jun 3,920 . 0.35 200 Jan 68c 20 23 5.10 30% .25 -:—; Security Freehold 83c 6.50 3 05.03 0 Weston 16 %c Jan 14 2.05 Copper common Western 1.10 May 43c Apr 5 Western Decalta 10% Mar Jun 94c Jan 1.35 20C Mar 1.25 Mar lie. 6% 26,500 5 Products Western Western Mar 8.50 ■ 2 150 2.40 17c Canada Western Feb 101 12% May 7.60 May 14 1 0% 2.14 common..—_—♦ Oil Malartic 19% Mar .May 97% . fr'i 2.20 ...1. —_ Mines.. Petroleums 7% Feb 6% 1 * A.._. ——— W) & Warrants West Mar 12c 15% July 1,100 class ' Jun 9 %c May 55 11c Shawinigan Water & Power com. Class 18% J— West Canadian Oil Jan Jun 7.65 13,515 common — 15% Apr Jun 14,290 11 B— ..— Westburne Feb 23% Mar 18 11% July 8.10 18% a 04c _50c Metal—I—— Preferred Jan Jan 4.00 5,500 1134 11 ...1 trust— Ltd Mines Wcspac Jun 93 '2 —1 — Scythes 1.30 30% 17- 350 1 187ii Equipment Wayne Petroleums Ltd... * Webb & Knapp Canada Ltd—....—.1 Weedon Pyrile Copper .1 Werner Lake Nickel.. ————1 J a 11 75% 13% — Satellite 0,100 53 12c 13 %c .50 Corp Amulet Waite Walker Feb 100 95% May 270 4,232 1.25 common— Gold—. 20c lGc Watc.'ous Jan 13% 2,000 98% ...1 Petroleums '- 3,000 - 3c Jan Jun " 11% — Ml'g Viceroy Jan . 8c 16%' 15 >2 1 Petroleum 8,450 30c . Jan Mar 10% Mar 500 11% Alloys Consol Explorations Ltd Vandoo Mar 90 2 9'/.,(• 9.00 River 20,001 20 4.5'J 17%c Hill Ventures Ltd Jan Mar 12% .100 —.—— Antcnio Gold— Sarcee 14% 19 4.20 Juh 11 Vh • Feb 3.25 May 9 7.75 1 Warrants Sapphire , ...1 Canada Mines— Upper Jan 77c 8%c Jun 18 1 Lawrence Corp common—; Sand 13% - - Vanadium Apr 87% 8c St Lawrence Cement class A San 25 4.50 Telefilm Western Horsey 60c 38.241 .4.30] class Steel Feb 24c 35c Royal Bank of Canada, Royalite Oil common. Shirrlff 14,880 Jan . £% Jaq ' 7% July 100 95c common.. voting Ltd Corp Oils Feb 13c Jan 3.09 13c Rocky, Petroleum Ltd—.. Roe (A V) Can Ltd— Salada Jan „1 United July 86 May 3.00 30c 50 10c 31c ———1 5% preferred. St Maurice Gas 4% 7.25 ... Jan 82 9c —1 Rockwin Mines St 000 —1 Keno Jun 1.49 May 82 3.00 Preferred ;—4.— Russell Industries— 5.10 28% — New Fortune Feb ——1 —-2 Mines., 43 : Jun Uranium— Consol Jun 80c preferred— United Jan 04c „ Preferred 36% 11 United Jun 30c 58c Cotton Mill common———*' Mines.— ———— 1 Rowan Jan 28c Robinson Roche 70 25% common— United Feb 2.28 30 c Chemical Athabasca 38 '..5% United Mar 65cc Jun A United CaWso Mar 17c July 1.55 43% 95c Mining Corp United 1.81 Mar 11c 3.04 ——1 Reynold Aluminum preferred——100 Rio Rupununi Mines.— .— 1 Rix Jan 12c 1.05 Jun X _— Canada of Gas Class 15% Mar ,301 9 ,250 35 200 28% ....—: United Asbestos 7.25 Mar Feb 10% July 8%c Jan 1 44% 37 4.75 Gas.... Acceptance preferred Union 7 % C Mai Am 58C Macdonald Rexspar Uranium 5c 4.10 * Explorations— Reichhold 37c 12 549 23c —♦ ——•—•—l Rapid Grip & Batten Rayroclc Mines.—,— Mining Realm Reeves 51, 864 40c 5%C 1 * * — 50c 37c 22c 1 —* 1 1 * 1 43c 38c 1 1 1 Quebec Labrador Develop—. Quebec Lithium Corp Quebec Manitou Mines Jun —1 Oil Ultra Jan Jan 3.30 12c 44c 1 1 36% Jan 1.10 Jun 2.50 6%c Jun Jan 14c 7%c July 2,993 ■ 5.00 Julv 72c 2,500 31,283 8c 59%T.lay 9,000 __1 pipeline Pine -Linet.: pipeline 2.80 Mar 6,100 4,180 Jan 7%C 4.75 Tribag Mining Co Ltd Trinity Chibougamau. 1.70 70c Prairie Triad 3.95 2.90 Trans Feb 0.05 72c Transinountain Apr Jun 1.50 2.80 Mar 7% 3.75 Feb 38% 7.25 7% 0.45 31 38 ... Explorations Ltd. Jun 1.50 6%C May Oanada Jan 3.75 8c Canada Trans 41/* 0.45 Jun Jun 71-2C ..40 — 4.05 5,390 2,425 2.87 Trans 4.55 2.08 July 53 56 360 Ja n 23 125 _ ; *' 41% 202 .52 247«- 24% 58 3 8 "59 warrants Feb 70 61% Jan 2.75 High Law High -. j 37% 38%' —^ . warrants 1957 May 59 517 .'37 47c 43 % Jun Mar 35% 1.50 A— — preferred Union Quebec Ascot Copper Quebec Chibougamau Gold---Quebec Copper Com B . 24%; A—— 1 Towagmac Exploration Traders Finance class 12 38% class Works Mar 70c 75c Mar 52, C Iron 10 05 * 1 Producers Ltd Gas Provo 12c 43c * Prospectors Airways 1.25 May Jan Low ' ,—20 Toronto 3,680 30% 75c JO Toronto General Trusts. Feb Jan 6c 1.10 JULV % 11 20c 38 % 20c * 1 —1 i-'~; Preston East Dome Pronto 1.31 11% 20c; — Ore Premium Iron 181j 1.01 75,830 1.43 1.35 1112 4.45 Praia^ Pipe Mfg_ Feb Jan 1.64 16 5.134 11.500 ENDED Par ' —r—1 * 1 Gold Com Power 100 1.30 7%c 7c WEEK 2.78 Mar Julv 90c 10,200 10%. % 1.05 7c * Powell Rouvn 10 1.05 1 — Elver 1.00 90c 1.00 16% • • —1 1 • 50c i Engravers Crow Gold Pickle . I OR High 1.50 Mar 38.000 1.80 1.70 1,70 —* ; Low High ' Mines Si ma Mines—— Silver Standard Mines.. K 300 4.05 40c 41c 3,600 33 %c Jun 65c Jan 37c 38c 15.300 18c Jan 40c Mav 11 :!,i 11% 885 11 Mar 12 30' A 39 8,690 32 Jan 39 Jan 90c 81c rj5e 11,950 1.95 2.10 3.380 29 29 29% /25 11c 10c 15c 23 100 74 73 75 — Roi——. Van 26%' 10c Yellowknife York • __ Southern Union Oils— Air Spartan 5% Warrants Brock 905 1.600 21c Mar 82 49c 47% Jan 00 82c 12,075 50c \ 4,560 25c Stanwell Oil & Gas 1.40 May 33c 9% 30c 32c 9'% 9% 200 08c ,58c 68c 4.515 45c 05c 58c 73c 29,400 50c Jun 7% Toronto Stock 82c 5%'C 7,000 5%c Jun 7%c 39 % 4C 1,140 36 V4 Jan Steel of Canada * 88% 78% 90 27.067 68% Jan 90 7c 3,000 13 13% 21,846 11'% Jun 1514 30% 31 2,375 233-8 Feb 35% 99 % 101 45 10% 16% 400 8%c Jan 5%c May 15 12c 16% Jun Sudbury Jan Contact Sullivan Cons Sunburst 19c II,500 1.52 3,100 .1.20 Jun 0c 0%c 4,100 6c Jun 2.07 2.15 5.275 2.00 20c 20c 6,650 16c 10 % 17 4,362 11% Feb 0.25 0.40 990 3.15 Jan 3.25 275 3.00 Jun 4.25 __ 2.10 1 1 ; Propane common Warrants . Petroleum Super test J> common . Inlet Switson 1,190 90% 25 50c ... Gold— Cons , . Industries Sylvanite 15% 90% 4%c 4%c 1,500 * Preferred Surf 15% —100 Ordinary Corp - Vinegars Canadian 15% Jun 25c ... 15 Jan 2.85 Mar Canadian Ingersoll 27c Canadian 100 Jon 3.95 4.10 I,050 3.80 1.12 1.15 23,150 l.OO Dominion Dominion Jan 1.25 Apr Gaspe 27% 28% 355 27 Jan 32 80c 75c 82c 8,400 70c Jan 89c Apr 00c 00c 00c 9,500 60c Apr 80c Mar 21 July 9 Jan 9% 9% 400 8% Jun 1.95 1.95 2.10 7,545 1.97 Apr Te ma garni 1 3.00 2:98 3.10 II,650 1.87 Jan 08c 1,000 73'% 72% 74% * Calgary Canada 20 . 10 07c 25c Ltd Preferred * common —.2 • Thorncliffe Park Tiara 36V2 Feb 1.319 Jan 4.65 4.240 13 Jun 27% Apr Jan 36% 155 28 Jan 26% July . 918 36c o%c Tailors Mines Ltd Torbrit Silver Mines Toronto Dominion Toronto Elevators * Bank 3.30 9%. Jan I8V4 Jun 16% 25 9% I*eo 16% Jun 37% 38% 568 32 %. Jun 23% 40%: 40% 13 13 . 1.13 Jan 92% 146 100 03/- 59c 11,000 11% 93 205 Jun 1.33 ~.a " '' Bros Yukon . Cons Jan Mar 413i 43 6.770 37% May 45 F eb 16c 16%'c 2,150 .1 7.50 i *■ 2.50 I Paper; 33% —; Jun 92 Apr Anr 46 -Feb 15 25200 117 98 5.04O 33% 520 25 660 32 52% 50% 33% 52% 2.60 2.60 43 44V^ 1,075 80c 91c 73% 550; May 32% Jun 167 Apr 90 JVily 36% Mar 27% Mar 138 Jan . 80 31-% 40 2.00 41% Mar Jun 50 00c 35% Feb 99c Jun 40% May 500 80c ._-a 365 Apr 25% July 110 12.500 36 ...1 - - 28% Apr 3d Jan 36% May 121 Mar 19% Jan 2.495 27 75 90 44% 13% 9,030 10% Jun 13% May Oc 8c 42,100 6c Juh 14c 91c 8,823 85c Jun 1.96 , Jun Feb Apr 52% July 219C Jun Feb Jan 16% 200 12% Feb 19% Apr 1.17 1.53 565,700 22 %c Jan FOOTNOTES FOR • OIJT4)F-TOWNt AND CANADIAN MARKETS Jan , Feb 85 40 90 | 2oc Mav 100 300 36 , 13c 86 33% —* . .; .139 ,'146 _i • Corp. 3-1% 139 . —1 3 74'a 25% 116% —6 - common. Mines— 75 -5 * 2534. 25% — ; 42% 85 42 —50 Paper— Gold Jan 8 253V' ——a Zfllers Jun Apr a 33c 34c 1,000 27e Jan 45c 04 02% 64% 9.650 51 Jan 64 % July 1434 14 % 15 1.220 13 Jun 16 Jun Anr No par sale (not Included in year'i delivery sale (not included in e year's range). Selling cx-interest. f Flat price r t Ex-liquidating dividend, value. Odd lot d Deferred 1.53 July 34c 1 10 Price 48 Jan 85 (1956)— ... Ontario & Mar 5 5 ■ Flour 35 330 16%c * Mines—— Power Oreille Pend 43 Jun 100 7 '65H Feb 8 99c Jan 52c Ogilvie 40%. .♦ — Linoleum.. Inc Minnesota i Apr ,74% May Feb 92 7% 52c Loblaw • «. ... common Oilcloth Copper • * International Utilities 3.70 May Jan 63 Feb 88c 13% 1 10c Tombill 30% 16%: 10'%' — Oil— Glass Maclaren . 9% Mar 2.48 16 Petroleums Top 54c 1 Mines Tidal 1,430 92 • Lundmark 21 7% 100 Third Canadian Gen Tnv Thompson Tip Mar 28% 1 Texas May 3.80 18% Ill II21 Dupont Co of,CanadaPreferred ,—Jl 5 Vb Mar Feb 1.12 Dalhousie Feb 6%c Jan 4%c Mar 4.10 Feb Mar 17% July 95% Teck Hughes Gold Texaco 27 3.55 28 %. __ RancU— Consolidated Paper Jun 17 1 Mines. 4,538 Feb '7";.:, July Juil 18% • Marconi Mar • , 6 35 IllII20 Investments Jan Mines Preferred J«n 5,173 M»r 46 3.60 common..... General Canadian 1 Voting TrustTaylor Pearson common 37% 7 Jan 18% 30% * Preferred 2.10 May 11c common Tamblyn 450 44 7% —— Cottons High Low 5 300 6 7% ___— Canada Range Since Jan. f High '43 43 Dominion & LOW 6 IIIIII5 Drecigin,^ — * Sugar- Gold Canada International Paper Taurcanis Sales Shares Corp Mav ___• Gold Curb Section — 6.40 July 3.25 —1, — Mines Explor Superior 18c 1.40 17 ..... 18c 1.40 0.25 —, 3.10 May Jun for Week » Asbestos Bulolo Apr 1 Gas Jun 2.60 Canadian Dollars Week's . Oil 40'c Range . Jan 102 99% May 1 Sturgeon River Gold Submarine Feb of Prices Anglo Canadian Pulp PaperI—II. 5 Anglo Newfoundland Develop Jun lOo ... Oil 28c 5,200 * Jan 30'% * «■ Preference Stuarr, 7c 13% 1 — Apr 47,900 * National Andian July 1 ..... 1.44 May :8c, 32c Pur 43% Mar .... Apr Jan Fast Jan 5%c 39% A Jan May 2.85 Friday Jan * class 2.CO 5c ale Price Jan .1 Steinberg July 08c 2.65 Arc Expressed in Jan 2.00 Stedman Bros Steeloy Mining Steep Rock Iron 1.64 1,500 29%'C Exchange Prices Shown 9% July Apr 0 %> c StarraW Nickel —w July Feb 66c May 1 Ltd 60 Jun 1 :_ — Mines 1.50 Feb Jan 97c Jan I,576 58 Jan 10c 25,300 - 30c .1 ... Electric Jan 00 - 6c 2.85 Metal Zenmac Jan 19c 12c 1.16 T ..... July- lie July Jan 2.50 10 %c May 10%'C 15c .-1 Mines— 41c July Mar 7,% Jun 1.30 Mar 5.533 lie 75c Jun 4% tf Jun 7e 6 %c May 22c 21,100 75c < - May lbc 1 20c 133,400 15c — \ class A Uranium 27c 5% 1,65 15c Paving & Materials—. Stanleigh Uranium Corp.; Stanrock 5 —30c , Stand Stanley 20e 1.55 ' Feb 1.18 ..." Mines. 22c 32%» Mar Feb May 63% 1,490 * & Oils—— Mines..'. 24%c * — — ___ Spooner Mines Stadacona 1 — Services—. Warrants . 1 . class. A.¬ G) Mines.' Zenith Southam t Bear (H Yukeno —20c Oil-.— Knitting Young 2.55 May 1.10 Mar Zinc & Mines. Yellorex May 81c 2.00 ... Lead Yankee, Canuck July 65c Yale Feb — common Slocan Feb 11% Manufacturing... D Slater 4.25 41c 38c 39 Ltd Siscoe Mines Ltd Simpsons S — Dairies class A_.—— Silverwood Jun 4.50 4.2G 1 _50c ...1 Quebec.— Miller Silver Cash sale - ' (not included in year's range). prlvi:rr»- (Un) Admitted to unlisted trading wd When delivered. wi When Issued, x Ex-dividend. y Ex-rights. z Ex-stock dividend . . . v. • Volume Number 190 5863 — . . The Commercial . and Financial Chronicle (193) *— NATIONAL LIST OF OVER-THE-COUNTER SECURITIES Quotations for Friday, July t<> The following bid and asked quotations are obtained from the National Association of Securities Dealers, Inc., and other selected sources. not represent actual transactions. They are intended, as a guide to the range within which these They do securities could have been sold (indicated or bought (indicated by the "asked") at the time of compilation. Origin of by the "bid") any quotation furnished on request. The "National" which have wide national distribution, a Industrials and Utilities Par Aerovox Air Products Inc._l.T-Board Cement Co_ Corp 25% _ 27'61 24% 82% 47 % 40'4 43' —2 " 43% 46'b 1 48% 52% 1 Supply Corp-—4 Co_— Americaa Pipe & Const Co Amer-Saint Gobain Corp Anheuser-Busch; Inc Farms 37;: 18%' l A—• ; High Voltage Arizona Plibh'c 38'2 40% Arkansas Houston ZZfii 23% .Houston 34'%' 2ft % Hudson 29%'* 32% Class IBVa 19% Sprvice.'Co.——5*. .M'isWiiri FowerCo—5, Arkansas. Westjnn- CUis" Coi'__ .5Art Metal Coiwliuu:tioh Co _'lo Arvida Corp. A—-X Aasociatcd Spiiug Corp——-10' _ "20'4 Avon Produces Aztec." GIF & Ckis. Co__ 138 17%' 19 U, Indian Baxter Lr.l/or; •. to vies Bay less Bell 21% Gosxet't: Co L__i 10 .Bends Brux Bug Co___:_l 25 Bene field Con > „,,iBerkshire' HaI hiiWiiy Inc. Black Bowater Bowser haper Brown- Corp Investors Class Tpwa _1_1- A1JR 243it Itek 2*0% 34' 1 'It Jelferson ' Kaiser Corp commo'ti— preferred—. L 27 3 » Ketchuin Co '7% Keystone Portland 17% Kloehring Lanolin l 44 4814 Corp.—-1Q 28 29 7 4% X20% Co Kratter Corp class A 27':. Lau „' 5 19%/ ^5 Plus xl 1% 1 1c 21% . 23% 9 Central Telephone Vt Pub Serv Corp Co 6% 1 101 27 Star 1 30% 23 '2 1 % 28:,b • 2834 Citizens Dtil Co.com cl A—33'/3c Common class u —33 %c Clinton Ei'igiucs Corp—A"—1 Co : Inc Madison Gas Maryland 7311 Coastal States Gas Prod——~1 Radio Co common—_1 33% ___l:——2% 24 25% Gas Co—t5 47:l» 50% McNeil 'AJ Elev Co-—1 26 '.4 28 121 13' Colorado- Interstate Colorado'jEtUng Colorado Oil & Gas Corp com—3 $ 1.25 ednv preferred—25 Maxson 35% 3614 8% 7)% 24 h. 25% 25:t 27% 16 17 Hues tnc-1 Copchuid ; llcfrtgrration Corp—'1 Craig Systems :ixic__—_———l Cross Company——————5 ll-h. 12% Corp ContinerlUiRTt'tuis]) Lid Miller (iss-Dexter 1 Mfg • 9'4* Missouri 28':! 15% 28% 22 Doiuielley + 19 5 45 5 39 "( Class 42% North North ,C<V Duriron -1l/% Dynamics Cerp of $ 1 East 'TeuJrcM.cc 21:l 49'2 & Gas American Corp Northeastern Water Co 11% Associates-^—10 42% 45% 20 22 32%" Oklahoma Old Ben Olin Miss Coal Oil Otter Gas Tall Pabst Pacific Far E'inliart Mfg Co _u—__uju 7 '/a 47''4 50% Paciric Gamble Enijtirc State Oil Cor—.——-1 Equity Oil Co—: 10c 107u 11% Assn_100 ——.10 Fisher Brotiicrs* Co 2.5C * 19 %> 21 1 38 40% 31% 33 % C0..1-.-;—4-—— Packing Co— Co 10 General Gas Corp —2.50 6% 7% Tel en » 5% pfd—20 Telep Co of the Southwest 5% % preferred 20 19% 20% Gen Gen Giant Portland Co Cement 1 26 finasn Camden 277b 63 68% 23'a 25%.' 21 22:!i 20 21% 17'« 47u 18:!b 5% 12 Hhi Trust Trust Central Natl Centl-Penn Punta Co Co (N Natl Bk Manhattan Bk Bank Southern 72% 77 17% 18%- /4 2% n 33 42% 45% Phila_10 43% 60 64 1 15 ig 50e 9 9% Companies Par King# County Trust Co (Brooklyn N Y) Liberty Real Estate Bk Co (Philadelphia) Long Island Trust Co 10 Cleveland 43% Trust Co ' 68 Vb 46% 81 .. 50 86% 310 Commercial Bk of North Amer_5 Commercial Trust of N J——25 Connecticut Bank & Tr Co.12% 335 Co (Chicago) New Trust 27 29% 99 105 41%. 44% (N Y)—— Tr Co Fidclity-Phila Trust Fidelity Trust Co Camden First Natl First 242 of New York of Bank of National City ' 89% (Newark)„10 (NY) 10 72 76% 34% 38 % 46% Detroit 25% 56% 59% 32 Trust 6'A (Atlanta) 10 Natl - 31% 38'A 90 327 40% 93% 342 28% 30% 29% 31% 156 165 68 72% 49% 52% 102'A Co _10 105'A (Cleve 1 Bank & 25 Natl ShawmufcBkof Boston_12% Bk of Newark 12% New Eng Trust Co (Boston >.100 Trust Co.ll York Trust Co Northern Tr Co (N Y) 25 (Chicago)—100 (Pittsburgh Bk 1 People# Tr Co of Philadelphia 31 - Banking Co (N J) New 29'A 80 7.50 Essex Jersey Bank <fe 58'A 27% 16 & (Albany) (Hackensack 55 Westchester_5 Bank Comercial 34% — 62% 67 49% 52% 54 57'% 36 40% x30% 33'A 111% 115% 520 556 Tr <fc 20 ; 64% 68% 22 24% 44% Bergen City n J) Natl 5 Bank 10 42% 20 53% 57 Republic Natl Bank (Dallas)—12 Rigg# Natl Bk 01 Wash D C—23 84% 89% Provident Tradesmen's 49% 29 % (Minn)—10 & Trust Co 104 % 84 Bk 23% 25 National Bank Peoples First Natl 37% 99% 10 Natl Bank 38% 20 Natl Bank of Boston—12% Bank of Chicago—100 First 230 37 'A 34% (Camden N J) Co 36% 50 Co First Bank 3tk Corp First 135 (NY)_10 (Pgh), Fidelity U11 Tr Co 34% (SF)_10 Federation 29% 5 Morgan Guaranty Trust Co New ^5 Empire'Trust Co Bk & 129% Plains York I —I—_— Crocker-Anglo Natl Bk 10 Natl State 33Va (White Co Aak 108 & Tr Nassau County N Y 3 Mellon Natl Bk & Tr Co (Pgh >-23 Mercantile Tr Co (St Louis >—25 Merchants Natl Bk of Boston_lo National Newark Continental 111 Bank & Trust County 101 Meadow Brook Natl Bank of National City Natl Bk &-Tr-(Chlcago) _25 Bid 20 Manufacturers Tr Co (N Y)_10 Manufacturers & Traders Trust (Buffalo) 3 National Bank 13% of Bank Dallas 10 (Jersey City)_25 County- 25 Natl 5% 14% 5% First 1 First 10% 11% First Natl City Bank (NY)..20 Pennsylvania Banking Co 5 17V* 18% 11% 13 39% 42 10c Co—70c 4 — 3% * 36 Bank of St <fc Trust First of Co New 4% 19% Natl & Trust Bank (Philadelphia) 158 173 Rockland-Atlas Natl Bank of Boston 10 44 10 Royal Bank of Canada—: Natl 40% 63 67 67 71% 68 72 % Seattle 1st 83 3 86 % Second 90% 94% 18 20 48% Bank-State Street % of Royal State Bk of New York—3 Rye National Bank (N Y) 2 St Loul# Union Trust Co Trust 473 50% Second Natl 117 Mass) Bank 37 40% of 124 20 86 91% 10 35% 39% Phila (Lo# Angeles) 12% Security Natl Long Island N Y_3 Long 10% 83 (Wash)—20 Natl Bk (Boston 9% 20 Security First Natl Bank _„10 Bank 37 % Bank Rochelle Franklin Island Louis—20 (Philadelphia)—10 Westchester 21% 11 ll:'i 42 -2 8 28 834 29% —1 America 22% Bank (Jersey Hudson of Exch New Co Bk—15 York—10 City N J) Tr. 36% 36V2 5% 6 6% 7% Hamp 8 Mexico—8 18% 19% Industrial 28% 30% int'l Ltd 1 1 8% 27% 52—55% 56% <»6 35% 59% Trust 103 38 1 38% 41% 9% of Albany— 10 61 64% 23'A 24% 45 49'A York) Bk Co & of — Tr Co New (N Yl Industrial Bk Industrial Natl Bank of Com 25 71 76% 17 18% (N Y)_10 Trust footnotes 30% Jersey——2% Bank of 9% 10% Commerce— (Cleveland) United States 10 Trust *52 56 % Co— 10 39 42 United 44% 47% (Phila) 5 Valley Nat Bk (Phoenix Ariz)_5 21'A 1 14 15% 41% 44 32% 36 Vb 93 96'% 49% 53 20% 22 % 23 C)._ D Irving Trust Co (N Y) For 46% 28 10 Co (Wash 43% 10 States Trust (N Y)—20 of Providence R I Bunk 25 V* City)—8 — (Union (New Trade Union — 29% Pioducts State Bank (Boston) 8 Corp x34% ,23% 39% Trust Corn 1 Sugar —_——5 Sterling Natl Bk & Tr Co Glrard Inc.;—10c : Y__ N 27% 39% Electric Co-7% Properties Alegre 14%. 1 Consolidated Industrie# Zapata Off-Shore Co 66% 65% National 8 Corp Corp 46% X64 (NY)__10 (Savannah) Fiduciary Trust Co 12-ht 30% (NY)_12% Clrem Corn Exch Bank Citizens & 48%. 5 Cleve of 45% 16 J)_ of 93% 71% 10 (Phila) Bank 90 67 Harris Tr <fc Sav Bk (Chlc)__20 Hartford Natl Bank & Tr Co__10 Hudson County National Bank New Purolator 26% 16 11 38% New Purex 13'A National Bank of 10 of 30%. Co—8 St 2G%- 20 Louis— First Corp of 25% ———1 Brick 46% 19 301 24% —10 (N Y) National Bank Hanover Co 34"',: Fire 43% 10 14% Co 28 Fi Virginia Trust Co 29% Serv 23%. (A H'/f 228 27% Serv 32 Green St 100 1—1 Pub chridtnesfrLpwis Mach Tool Co 2 65% 51 Va 35,b Petroleum Glasspar Co—— Company A.k 62% ' A 13% Gnneral Co of S 18% Lumber Producing Bid 10 1 Pub 27% 233% 8'A 14% 33% 9 Yuba 8% 21% 131% 31% 9 Wyandotte Chemicala Corp 8'A * 20% Plymouth Rubber Co Pubco 2012 Conversion Co Wurlitzer 46 Vu 18% Natjiral Gas Co— nrl 9 Wood 48% 33 Bottlers General Portsmouth 18V« 48% 7% Wisconsin Power & Light Co—.10 18% 42 8 Pfaudler-Permutlt Service 17 46 10c 12 1 18% Pickering 1 31% lc 44 7.5o 17% — ' 8% 26% Co 11 1 17 Pioneer 7% 25 Natural Gas Weyerhaeuser Timber White Eagl# Oil Co Whiting Corp 29'A Corp- Food 9 % -34% 60% 19 1 6% Natl Permanente Cement 11% 32 Chemical Indus-- Hannifin 12% 8% 20% 20Vb Corp—1 & Natl Parker 10% 65% 19 18% 41'A Witco 20 25% 11'% Gas 27% 43 85% cl A—5 29%, (Newark)_25 First Mines— Florida Steel -Corp————1 Garlock 20% 22 82 ——5 T N First Sulphur Pendleton Friio 16% 18:% 2% Pan Pepsi-Cola I 15% 25% 95 39''2 30% 21% Class Sk of 32% 20% • 26% Foote Eras Geui' & Mach of America 5% Corp.— 19" —.2 t 1 60 Tool 61% 17% 5% (S F) 13-a Robinson Uranium Co 4% Line 24% Iitc_ 30" 3 28% American 56% • • 23% —_1 12% Co East Fish«* Governor Co_———.1 Mart 6% 23% 56% 1 5% 69 22 Mercury Electronics—90c Pacific Power & Light Co 6% Pacific Federal JCail Mortgage First Boston. Corp._ 28% 14% Pacific Brewing 3 17 % Manufacturing Co_* 4% Inc Gas * 1 Co Airmotlve Pacific 32 Transmission—. 21% Par Trust Passaic 18%, 2 29% Lt & Bank and Trust Chase 26 % 65% < 19% 1 : II Refining Co— Corporation Syntex 18% Co 2% Prod—10c Corp—, Power 35% (Texas) —• —_— 25% . 20% Co Inc 24 —1 Corp River 19%. Electric IHVb 23% 19 Corp 17 »4 Paso %, 39% 13% $4.pfd_* GjisI Natural Prodnction Electrohi/f Ccnit———.—-1 Electto-Voicc ,,36% .17 22'a 5 Nuclear-Chicago Corp 20% Suntide 35% 16% Western Corp Propane 58 1 -1 Co 21 18 3 4" .' Greene Suburban 33 1 48 27% 14V» 2'% 42 36'/a 34% 24 % 5% 1.25 Suburban Gas Service Broad _8 1 Coal Gas Penn Assoc Corp50c 23r,» r 10% Inc——I- 10 • Northwest Culs Co_—l Inc———50c Ituhtstrlcs Eastern^Da ilies 5% 81 54 1 50c "JoTahwpcinrn Pub Serv Co-^ Na t 5% .27% Co Northwest 19% Stubnitz 32% ..12% 22% 45'A 34 51% 51% 38 _1 ' 33 ya 48% 25 i; 23 31% 47% 2%. Corp—1 6% 31% 21'A Telephone Co_10 Western Massachusetts Cos 1 5 6% 10 29% Washington Natural Gas Co—10 Washington Steel Corp 1 Watson Bros Transport "A" 1 Westcoast 29% 1 (SD) Co Western non-voting Hotels Delaware Boatmen's 11% 77% IOV2 Elec & File it 97 - --2 — Ectuiontlcs Lglnoralory El 9 America-* preference Eastern 4614 - 63'/a Chemical Co Stouffer Corp Strohg, Cobb & Co Inc Strutliers Wells Corp Bank 25% Shops of Del Gas Oil 40% lite——T->-l--2 Shirt Thertnador 32 Dunham E /c-h 59% 12% Oil Nortex 38 Sons 1 Bankers Co—.——2% Norris 29 & Va 1 common—— Eng Co^j5 ID B National Co» _1J—Tt—_1 Dun & Biudsi reet Inc-—_— P Duffy-Moit 42 Bank Corp——5 Homes Corp A com-50c Nicholson 43% 11 45% Indust___ 1 Co—, & Gas National New 21 10% Brothers 9% 23 50c Grocery Co & Swasey Co Warner Warren 42 Register Von's Warren 9% 39% 35%- 5 Supply Co Nalco Chemical 26% 14% 58 39'A 32% -1 Precision Fuel 14Tii i %A,ational 20' 54 Va Steamship—2.50 • 10 26:!i 2% Mfg C(K——10 & 30% Col.—,— utilities 13% Bridge Co——1 Di-Noc ChetHiC«l Arts Inc .J1 ——T Gas Monogram ;43« 48% Bank of New York Valley Gas Co—,—5 Missouri-Kansas Pipe Line Co .5 — 45% g'A 3 Vitro Corp of Amer —2% 28% 3l'/8 28'A % Inc— 17% 13% 18% 9% Co—11 x2i% 1 United Western Minerals 10c Universal Match Corp 12% Upper Peninsular Power Co 9 Utah Southern Oil Co 2% Valley Mould & iron Corp 3 10% 32 % Co——..H uuineapolis — Leasing Corp 26'A United States Servaterla Corp_l United States Sugar Corp. 1 United States Truck Lines Ino_l United Utilities Inc 10 26% 14%: A Tommou——7 % r,»horalories Inc. 2 9% Tractor Supply Co 1 Trans Gas Pipe Line Corp__50c Tucson Gas Elec Lt & Pwr Co_8 United States 16% 13% 5 15 29% _i 24% 1 1 243a 14 1 Vanity Fair Mills Inc Varlan Associates (San Francisco) Bank of Commerce ^5 16 Detroit Intent at Corp Co 87"% 17 26% 32 Mlsslssi.pt>i 4 25 .11 Gas 21 5 . Mlsslssittpi Shipping Co Miss Valley Barge Line-Co 151 47'A 19% Class % Detroit & Canada Tunnel Corp 5 Detroit Harvester Co..———-1 Inc Eng Ac 82 vig———1 44% 30 3 11 In * 27% 1 lo 39% 11 52 .1 2% Publishing Mlehle-G >''Vt 17% 16 Dairly Macbhfe Specialties—_'_5 Darling L At Co——— Delbt-Tayk r Oil Corp. r.—T Dentists* Supply Co of N V—2V» Diobold Corp— Corp Machine Mountain Dicfaph-um L) Steel 36% Cummins* Eftglne Co Inc——5 Cutter Lt.bpruiories com vtg—1 Common i 20 1- Metropolitan Broadcasting Michigan Gas Utilities Co— v 1 Gas (W Mereditli % 22 % 20% Consul Co—_16 Inc _ Connecticut. Light & Powpr Co-* Frcigiaways—-2.50 Consolidated hoc It Products-—5 Commonwealth Prods McLean-Industries^— 39 r 21'/a 18% 22% 1 Inc , 38% 42 Sblpbldg & Dry Co_50c McLouth Inc Electric & Auto Corp Marmon Ilerrington Co Inc_. Colonial Stores 1 •—ra%~ —M a r q u ar dt^ A1 re r aft 7 Collins Co Maremont 15 T3% — Mfg & Sales Co— Marlln-Rockwell 6% 14 19% 25 Va 30% Stores com • Towmotor Corp Tracerlab Inc 30 Steel Macmlllan 21% 5% 15 American 25%. 20%- 1 34% Colorado Power Co—• Nevada Power Co—H 32% Lucky -6 — 32% 25 1 22'% 7% 25 Ludlow 10 * Chattanooga Giis Co— I43i, 21 9% 35 3 it Central 9'% 59'% 131/2 10c Stepan 12% 35 50% 66% 8'% 56'/4 ii Co__ Corp Topp Industries 14% Common 20 3» 97 47% 63 67 17% Statlcr 44 % . Lone 27% 63% 10% Stanley Works 12 % % 1 16:,b 3314 38 % Va. cl B—5 4 Central Public Utility Coip——6 Central Soya Co.—* 36% 41 Electronics————50c 151 L 69 Stores inc West Point 19% 11 1 Co 65% Stanley Home Products Inc— 31% Ling bt 34% 26 % 17% 28% 3 Ffary & Clark Blower 32% Power Com---10 Co Liberty Loan Corp Lilly (Eli > & Co Inc 5%; 22 ■ 1 Cem (ili Landers 1 .* 10 Inc Tokheim 6% 25% 10 — 27 7 26 'A. Central luuiunu Gas Co 1—15 Central; Louisiana Electric Co.5 Inc 12 38% Standard 9 5% 45% Central Electric & Gas Co—3-% * 8V4 23% 42 Utilities Co— -4% 31'A 11 9% Standard Pressed SteeL.— 18 Kansas-Nebraska Natural Gas_5 Kearney & Trecker Corp 3, Cedar Point Field Trust ctfs— ~ 16 3 4 60%. Kentucky 4% 13'% Fruit 25% 29% 16 Va Stand 40% 12% 26'4 10c 7'4 Canadian- Superior .pilot- CalifMA .io Cannon Mills class B comJ__125 59:'." Carlisle Corn—1—_ —l 25 Central Maine 46'a " =» 36 El 24 1 26 J% (A 46% • 5 Spcer Carbon Co—. Sprague Electric Co_ 53^ 43% Thrifty 24 % Staley 26% Kennamctal Co_f__10 ' 14% ;.43 37% 15% Central Til. lilcc & Gas xl3% 57% 39% Products 48 3 4 24%- 14% Steel 44% Kalama/.oo Veg Parchincnl. Co_10 37%:, Ceco 30% 9% 4% 1 1 Producing Co—1 Southwestern Elec Service Co_il 29 a% 1 Corp Betts Co class A Three States Nat Gas Co ii Tel 25 Time _2 States 7./4 23% 1 32'A 15% 70 9'/a Union Gas Co 38% 30% 39 8% Eng Tel Co. 92% 6r;il 14 % 20c Corp 1 36% • Co_— Corp— Southwestern. 10% California Oivgoii Power Co-~20 California-Waier Service Co—25 Drug & Co„ Southern 20 1 Steel & _i Service Southern 290 187» 18% $1.46 Thomas 1 (G Di Southwest io ■- Bantam Southern New 18% 17% 6712 53% Southeastern Pub Serv Co Southern Calif Water Co 14% 32% ' Thermo King Corp. 25c Manufacturing Co__2'% Southern ,1 Co—— 17% A Corp— .2 South Shore Oil & Devel Co-lOc 35% 275 5 23% 16% Rice Mills Inc—3'% Simplex Wire & Cable Co..——" 68 17% Lake. Pelrpcliemicals-1 California Interstate Tel—_5 Carpenter Paper Co - Jervis Corp J'aasop Steel Co 21% Texas Industries Inc Texas National Petroleum Texas Natural Gasoline Skil 25% 13% • 50% •^Sierra Pacific Power Co—7% 7% 33 ^_1 • 47 Corp, Jacinto Petroleum— Searle 26 3 « 64 Co—15 18% Corp Seismograph 32 " •;24 % 5 Supply__J_u Electric Jefferson - Calif Wafiir Telep Co-1 Canadian. Delhi Oil T.f<1_ 1'J ' 24%' ^10 Co Inc Water 18% *63 -io .'Co——-10c & » 6% 29 1 Freight!Sys_l Utilities Ilf.Intz Jamaica 55 30 69% .J.—. 1, 37t4 2 51' __U——-I—_T Byllesby yrl-M & j«ck 8'i, B 65%' _• ^ Corp 17 v : Ctf. Co Service Southern 7% . 4— Cablings .Co A Public Thwa 7%' 12% Co__?__ 5 Diver Services Inc— Votutnou L. 1 34 s« V 11% San 29% Securities '" i}% 5912 " fii^SimVpe Mfg. Co—JO Rurmtv< Corp Interstate 15% Motor 23 preferred—25 Brush<; Beryllium 'Ci> Buckeye: £>Cgel Bullock's inc '47% ' 19% 27% 1 Inc Water 32%: Foods'Stores^Xi—1 Ipo. $1.20 " " Light-Coi_l Intiustries .,Ine__l_Ti__T'; . Interstate 11 SivadTA: Bryson Inc.—1 Botany 11 Vu 55% Rills Power & 5% 1 ___1 17 Texas Eastern Transmis Corp_7 Texas 111 Nat Gas Pipeline Co_l Sabre-Pinon Schielci 36 Tekoil 14% : A 32'A 27% 6% "International Textbook Co' -• Interstate Bakeries Con)-'---—1 14 5 Htack Borman 75% 44 BeryHluna CoiXr-r—A— Co_ — Aik 87 5 10% Ryder System Inc 61% 13%,. 30 1 Mat Water A; lndianaiiolis . 16%... 1 57% 25% : Mills Gas 13'A 1 Tappan Co 30% Roddls PH'tvood Corp Rose Marie Reid ' 12% 70% 19%: l — (A."3 L Ma rj;e tsr__ _l__Tl & 12% Gas——• Production Head '. Rockwell n. 14% 20% Husky Oil Co— .11' 4.1 _ 135 13% Bid Tampax Inc—_* 9% 2 Myers lnc__—48 ill Hi Co .—II 66 Robertson 133 128 19%.:. Pulp & Paper Corp— A common L Indiana Mfg;,Cp-T^__-.'__'_^_ _T L10 Robbins «fe 1 Field 2% 28 % Co Roadway Express class 113 127 1 * Natural Oil Hugoion • . B ates 107 Hugoton Gas Trust "units" 21% 132 Engineering— Houston Corp 3% 32% Stoker River Brand Par 52% 2% , 41% 30% Credit Corp_—.1 Hoover Co class A_ 2% 58% Riley 36% , 38% ;_5 ■Hilton 19% *■ 55 Iuc 49 3 Richardson Co~: 3% Ask _12% Republic Natural Gas 201 34 Aj Co class A com_10 '" Glass 'b conunon—: _10 'Hearst Cons Publications cl A-25 Helene Curtis Ind class A— 1 4 25% 23% ,—_4 Co .common preterrccL'.—I 21% 35 _1 Xerox 5 Corp of America—1 Soundcraft Corp.. 5c Reeves 21% 190 Hanna (M 4 19•»' 7.50 Incorporated Haloid Ask 19% Society 1 Sulphur Corp 10c Gustln-Bacon Mfg Corp 2.50 Hagan Chemicals & Controls__l L Purina Col. Rare Metals Bid Gulf ' 26:l':i 78''4 " 44 Co A m erican-Mutie 11a Pa>rtic Par Grolier • " Hospital Arden Ralston ■ Green Mountain Power Corp—5 Grinnell Corp * " " "A" Greetings CI P 42 -IT—lo Express American M 10% 62'4 39% 1 _T_ Americaa A : 9% -T—'_1 .5 Amer Commercial Barge Lined-5' ' Amer Ask 58% /. Bid , Americaa Box Amer Bid 11 list is composed of securities ~ i see 10 preceding page. Wachovia Bank & Trust Co— (Winston-Salem N C) 0 45 >. 46 .... , The Commercial and Financial Chronicle Monday, July 13. 1959 . . . (194) OVER-THE-COUNTER SECURITIES NATIONAL LIST OF Quotations for Friday, July 10 Insurance Mutual Funds Far Fundi— Mutual Aberdeen Fund- 25c Affiliated Fund Inc—: 1.25 Business Shares--—1 8.47 7.8.5 American American Investors a 30! 0.49 B-3 (Low 9.74 B-4 34.99 13.07 S-2 14.21 32.02 s-3 S-4 14.50 Keystone limd of .~l 14.27 15.04 Knickerbocker 1 8.00 8.7! ———.--I 15.40 10.71 —1 International Growth 18.92 20.47 Liu 9.00 9.34 13.01 12.75 17,000 135 % 10.12 17.57 19.19 20.80 17.24 ■ 18.74 17.19 23.00 Vegh 83 88'!.i 12.90 , 3.33 3.15 Fireman's Growth Investors 14.32 15.48 14.56 15.74 Glens 22.24 Shares 24.04 (D 90:G 34 G 36:G 5 — 19% 21% 4 C> Government Employees Life Ins (D C) ——1,50 17.64 Great 11.55 ejuif Life 14.84 42% 23% 247« 38 G 407» Standard Co lc 4.03 20.72 Income 20.72 Ktock Ilonie Insurance 14.64 Home Owners Jefferson 10 —1 11.19 12.23 —. 1 5.98 G54 —1 4.51 1 8.46 "series——--. 1 6.57 Series-..-———. 1 9.34 Series.... S locks Grow lh 8.17 21.21 New England 8.34 8.04 New York Fund 89% 35% 1 8.93 12.28 13.35 17.20 18.59 Nucleonics Chemistry Ac Electronics Shares Inc. 18.00 19.52 One etreet 12% Bid 13% 3%s Aug. 17. 3%s Sept. .1 14.27 15.60 14.05 15.19 4:%.K _1 5.56 6.07 AGs March Inc. 3%s Mortgage 12.11 Peoples Securities Corp Philadelphia Fund Inc— 1 16.91 18.53 3%s Aug. 10, 11.00 11.99 3%S Oct. 13, Pine Street 1 24.30 24.54 3%s Dec. 10, 0.11 6.74 Fundamental Investors Inc—2 20.21 22.15 2.64 2.87 17.35 18.76 Puritan Fund Inc———l 7.45 8.10 Putnam (Geo) Fund— Fund Pioneer Price (T -2.50 Inc— Rowe) 11.62 9.00 9.78 40.16 40.57 8.68 9.51 16.69 (The) Stock. Fund-lc Common 14.09 15.42 Fund Inc- —lc 8.34 9.14 10.76 11.79 7.25 7.95 9.21 10.09 shares Institutional Bond 7.74 8.07 lc 15.16 shares———— lc shares-—-—-lc Railroad Bond shares—-lc- Sovereign 7.52 6.86 Stein Roe 98.16 4%s March 98.12 98.24 4%s Julv 92%. 93 3 Gs April 98.4 98.12 — 7.92 20.31 20.92 21.27 21.92 Incorporated S & 1 ... International Fund. Funds United United 5.80 Continental Fund Income 8.17 8.93 Fund Shares.l 11.66 12.67 1 14.63 15.99 1 17.70 19.24 1 X7.50 8.20 United Science Fund— 10c 5.25 —1 a26.72 Fund Inc 10c 2.62 2.87 Value Line Income Fund of Boston Inc—1 8.54 9.33 Value 9.96 10.39 10.14 10.96 1 1 United lc 12.77 Institutional —lc Fund-lc 12.07 13.21 Institutional Income Fund—lc 7.03 7.69 12.85 14.05 Fund Growth Institutional Insur Fund lc Recent Bid Bonds— British Petroleum Cs 1980-76 Burlington Industries 4'.46—1975 55 % Canadian Pacific Rv 4s 1969 95 Carrier 1982 98% 4'/eS Central Power & Lt 4%S—1989 Inc__1 —IOC Inc— Whitehall Fund 1 Ask Phoenix 103 Cement ww 1 Gs — 99.2 4s Mav 97.16 lGs Oct. 96 96.8 lGs April & 13.96 Due Dated 3.50% Bid e- 3-59 3-58 11- 3.60% 99.31 Ask 100.1 9- 1-59 99.30 1-59 99.27 99.30 99.25 99.28 6.39 6.91 Ask,> Bid Julv ? 1959— 88 99 16/ July 23, 195'J 100.1 Bid Due 99 G July 30, 3- 2-59 12- 1-59 99.25 99.28 3.75% 4- 1-5!) 1- 4-60 99.24 99.27 1-60 99.26 99.30 4! 8 2- 5- 4-59 R- 1-59 3- 1-60 99.2G 99.30 "7- 1-59 4- 4-60 99.27 99.30 c/c 4%', . Bills Yield Price 100 la 102 August 20, 99 82 86 August 27, 1959 September 3, 1959— 1017» 102% 100 101% 5%S—1989 November 12, 99.827 November 19, 99.773 November 27, 99.717 December 3, 99.665 December 10, 1958 99.596 December 1959 99.525 99.450 99.541 Decemher 17, 22, 1959 98.380 98.425 99.468 December 24, 1959—— 98.342 98.387 99.421 99.440 December 99!363 99.384 January 99.289 99.302 jB"nary March 102 3 4 110 115 103 G 104 October. 1, 1959 102', 103 m October 8, 1959 129 October a 99.884 15. — 99.198 99.178 April 99.088 October 22, 1959 99.210 99.151 — 1959 99.116 July 1959- 29, 1959———_—_ September 17, 1959— September 21, 1959 September 24, 1959 10, 102 3u 127 November 5, 99.581 — — Sperry Rand 5%s ww___—1982 98.902 1959 1979 Amer Underwood 5s Corp 97 Va 110 1971 126 129 •No 1970 101 104 a 10414 105 G k Admitted 98 West Penn Pqwer SVsS—.—1989 —1975 85 90 Westcoast —1976 86 90 White Trans SY2S 42is~ 1988 90 1979 108 111 93 G 111 par Net value asset Stock 15, b Bid listing Exchange yield price on the New York x 98.509 98.271 98.022 98.047 97.933 97.954 96.964 96.992 96.668 96.699 95.140 95.171 I960—. 1960 wi_ Ex-dividend. wiWhen y 98.625 1960 1960 d Ex-rights, tNew stock, value. to 98.681 98.474 98.233 1959 FOOTNOTES FOR OVER-THE-COUNTER ISSUES 1971 6ViiS 97 Stores 97 98.759 98.642 98.583 — 98.853 98.721 — 98.930 98.818 1959— I960-- 7, 15. 15, 1959 1959 1959 31, 22, — Eastern Transmission— 4Tis 99.003 99.932 99.707 99.653 1959—. 95r,e Southwest 99.055 98.971 October 99.764 1959 September Ask 59.025 99.983 99.820 199© 144 Bid Ask 99.875 1959 13, Gas— Ask Dated 3.75T 99.926 : August 203 87.4 99.979 6, 141 88.24 Rale 4.45G 107 G 1989 98.22 86.28 1964— 1, 90 88.16 1963— 1, 93.20 98.18 1, 1963— 15, 19G3- 97.26 89.24 April 91.16 93.16 1963 15, 97.8 —— 11-2-59 —1989 99.9 10- 197 • 98.28 96.6 98.31 2-59 1977 U S Industries 4I2S Mueller Erass 3%£ 98.22 2%s Fel). 99.30 97.22 1962— 15, 92.24 99.26 91.8 1962—— 1, Oct. 99.14 92.16 1962- 94.8 98.6 99.10 1962 1, 99.30 98.2 1962— 15, 1962—% 3%s Nov. 5-59 1992 5'is 91 Aug. 1 Gs 1-58 1982 90 April 98.30 94 1961 15, 4S 99.22 — : Federal Intermediate Credit Bank Debentures 11.79 Southern Elec Generating— —1981 Feb. 99.30 1- 118 Texas 1, 1961 Aug. 99.22 99.28 — 2- 115 ; 100,2 12- 146 Pow 100 99.16 3.45% Sheraton Co of Am 5s ww__1967 Elec ——— 1961 1, 10512 - Textron 4%s 15. 98.26 1961 15, May Ask ~ (Continued )- 1. 3%s Feb. 3.45% 113 19S9 lGs Oct. 99.23 16.01 112 —1985 4s 14.23 1973 8s_ 3% 99.29 99.23 14.69 1975 Gen'l Tire & Rubber Cs 99.29 13.16 —1969 Electric Public Service 5%s 3%s lGs April -1979 5%s„. Steel 93 % Bid 99.19 3Gs May 15, I9603 Gs May 15, I960 1 %S Oct. 1, 1960 1977 5VgS 96 92% 32nds of a point or more 99.21 _ Aug. 1, 1959.—— lGs Oct. 1, 1959 3%S Nov. 15, 1959 1'/aS April 1. I960— 1973 143 95 Yield Trice 5s_— 91 90 1972 15. lGs 4s 10.79 86 139 100 G United States Treasury 4%s Paciiie Petroleum 99 G Maturity— 4s August 100G 91G 1970-1967— 1971— 15, 1972-1967- 99.27 I960..... May 15, 8.99 k— Steel Commonwealth Oil Ref Cs—1972 Port 3%s Feb •4s 4.28 8.23 -1989 National 90 G 99.27 15, 1959— 15, 1960 —1 47«s Ferro. Corp 3.92 Northspan Uran 5%s ww 1963 Ohio Power Co 4%s———-1989 57 99 101 6.56 Bid Philip ' Morris Fruehauf Trailer 3%S—: Ask 1 Bonds— 103 G El Paso Natural Gas 5 lis—1977 — 1 — 98% 100 — 1970— 1, Treasure Notes 1959— 1, Security Issues 104 102=8 NOV. 12.84 _1 Wisconsin Fund Inc 102'a 1989 6.00 97G ' Aug. Kale nc——. 102 Conso! Edison 5!cs_—._ _1 > Wellington Fund— 1977 Vought 5V4S— _ Wellington Equity Fund—-. -. — Special Situations investors Fund Inc 119% 118 Inc_ Investing Corp^ "Washington Mutual 12.32 Fund Line Ltd Wall Street 13.99 11.27 Bank Canada Value Line Fund Inst Foundation Fund- Institutional Funds 14.47 1 5.31 Fund 13.31 Accumulated Fund—1 —10c Income Bid Treasury Notes— — Inc— United Incorporated Investors Institutional Shares Ltd— Corp Inc—. U Growth United Inc— Income Foundation Fund 1%S 3%S 7.25 Townsend 9.06 12.64 Haydock Fund Inc__ Figures after decimal point represent one Maturity— Certificates of Indebtedness— 10.66 12.67 Scries Il-DA- 40:,4 9.75 8.27 II-C7— 16.76 38 % 17.95 11.54 funds 15.31 16.47 11.57 Growth Industry Shares Inc—1 Guardian Mutual Fund Inc_—1 15.34 Inc.l Fund 92.20 98 1969—— U. S. Certificates of Indebtedness & Notes 17.36 14.19- 1 Inc Sterling Investment Fund lc shares—-. 1969 93% 98 G 1969 16, 99 %■ 92.4 1968 20, 99% 93 G . I960 20. Mar. 98.20 99 "May 1, 1962 1, 1963- is 98.18 99 4%S Oct, 1, 3%S May 1, - 99.22 98.12 1961 Sept. 20, 1961 3. 98.8 12.89 15.84 13.62 lc ——.——lc General 4S 99.16 98.4 I960—— I960——. 1, 4! 11.41 11.79 . 12.88 Texas Chance June 3%s April ' a38.17 12.10 — ' 1 11.05 Income April 20, 2Gs 99.31 4r!iis April 10, Farnham Ac Balanced Fund 7.61 shares—— ■I- Television-Electronics Fund—1 —2,52- 2.28 Investors-—— 6.94 Series 3%s 100 4','bS Feb. 10.55 B) State Street Investment Corp__* 11.87 10.84 (Edison Equipment shares-——lc Railroad Stock shares——lc RR Hamilton 100.2 4%s June 10, lOGo—l——3%s March 11. 1968 14.53 U30.70 Fund—1 Southwestern Investors Inc 1 Smith 13.85 Petroleum Utilities 99.26 • 3%s Sept. Shareholders Trust of Boston—1 _ Mining Tobacco 99.2 99.20 a41.11 Sto.ck Fund 1 Amer Shares—_—1.25 Selected shares—lc shares Merchandising Steel 98.26 Clark— Common Fully Administered shares—lc General Boncl shares——— lc Industrial Machinery shares-lc Food I960—— I960-—-— Scudder Stevens & Clark 15.25 1, 1. 20, 3Gs Mav 2, 8.07 99.14 99.11 1959— l%s Oct. 97.12 Nov. 99.31 100.2 2%s Feb. 95.4 7.42 13.44 :— 96 94.28 11, 1963—12, 1963 , 99.30 97.4 Inc—l lc & 4s 4%s 25c 99.28 99.31 .—. 2%s May 18.49 Scudder Fund of Canada 1059—- ■ Bank Bonds— 98.28 17.01 8.94 . ^ 99.27 - 3Gs March Ask 100.1 <)9.31 1959 1. 99.26 15.97 12.35 & 33 1959 1. 99.30 14.68 8.16 3.50s Oct. 98.22 1 Shares Scudder Stevens 50% 30% Bid 4Gs Dec 99.29 - — ;— 47% 2 3, Aug. 99.26 1 11.28 shares the —.——2 — Cooperatives— for 3.55s 99.18 9.07 .—-lc —lc Chemical G 86% 31% Y' City of N Federal Land 100 1959—— —— 8.39 Equip Shares—lc Electrical 93 83 G Westchester Fire June 10, I960——— 3GiS Aug. 23, 1960 3Gs Feb. 13. 1962 Aviation-Electronics— Building shares Capital Growth Fund 89% 3%s Feb. 4s 1 Qua":leTiy~Dist 7%. 27 29 G U S Life Insurance Co in 99.28 95.16 4%s March 10, I960-— Growth Stock Fund Inc Putnam Growth Fund— 10.61 60% 6% 25 8 5 Fire 99.30 99.27 — 1959— Inc 100 Assn—■ 1959 13.78 Inc_—1 General Capital Corp/ 1 .General Investors/Trust: ~1 Group Securities— ——-—1 Automobile shares— lc S 99.25 1963- 15. Natl 100.1 59.29 ... I960., 15, April Federal 1960 15, 12.55 Preferred 109 57% Guaranty Co—lo S Fidelity & U 99.27 15, I960—— Feb 1L14 Futures 31% 29% 3 U Banks 1959—-— 15. 3.80s Jan. .2 Fund O ver-The-Counter Fund 42% 104 Ask 100 1959—— ic stock series--—-lc Common stock series— 82% 39 G Figures after decimal point represent one or more 32nds of a point 23.89 2.97 Fund 77, Obligations of Government Agencies 9.76 22.10 1 1 Securities 8% 7% 9.25 Federal Home I.oan Eanks— Fidelity Fund Inc_ -5 Fiduciary Mutual Inv Co Iric—1 5.13 9G 86 32 7.18 1 ■ of Canada Ltd 6.67 8% Ins—lo 10.21 Capital Fund William f 1 Standard Life 53 G Co 72% GO ' (N Y)—2 Co 73% 69 68 56% 2 10 (NY 1 Co Insurance 22% 4.93 — Preferred Stock Series- 21.43 Ins 99 50% 5 ..— Travelers 94!k . 5% 52% 21 10 ——: Standard Sec Life Ins 193 Jersey Insurance Co of N Y—10 ——, Dividend Scries 7.48 Co,— Life Accident Title Guaranty (Flu) Securities Series Series-. Bond 22.41 13.54 "Nation Wide Securities Co Inc_l 1 National Investors Corp—. 185 Boiler Steam Hartford Security , 22% 4% 10 (New Haven)— Springfield Ffre Si Marine $6.50 preferred Hartford Fire Insurance Co —lo 3.71 69 G 40% Insurance Hanover x64 77% 49% Republic insurance (Texas)—lo Republic Ntill Life (Insurance—2 Paul Fire Si Marine..,—6.25 Seaboard Life Ins Co 1 Seaboard Surety Co —10 5 70 74 Pyramid Life Ins Co (N Cl—;_1 Life Ins (Pa )——5 Reinsurance Corp <N Y t 2 110 26% 66% 21 Quaker City (Jacksonville F3a)„2G American Insp Si Insurance-- Balanced Series 103 58% 24:% - St 10.52 a —Y 24.99 — 85 14.52 Muthai Trust Shares 10.35 2.72 84 Republic 66 54 5 Philadelphia GOG 80G 16.31 —1 Corp- 571/4 A 13.29 Investment Fund Inc—1 Mutual Si 48% 62 Indemnity Co— Pacific Government Employees Ins 1 Mutual Falls Globe Automation & Inc 2.50 Ft (S Insurance—- General Reinsurance Corp——10 Stock ;——.—.38 %c 3;'m ——5 Fund Life . 45 G Life Ins Co—— 5 Phoenfx ———10 Providence-Washington ——10 2.86 25.24 6.11 Peerless Insurance Co—. 8T» 15.04 4.09 56G 63G 57G Franklin 16% 69 7% Investors 15 '2— Insurance—3. 33 % of N Y_ 12 '/it 53 x53:!, Ins 40% 60 1 Life Bankers 38 65 3'i —4 , 35% 10 Pacific Ijisuraticc Co of'N Y—10 Fidelity & Deposit of Md——10 Co 47% 44 32 — — Go Ins 52% 48-% 10 —5 2.50 Fire... 69 Fidelity . 28% Hampsiiire Northern' 2.69 23.01 Inc-1 10c 1 Founders Mutual Fund —• Franklin Custodian Funds Inc— 64 % 19% 43% 27 York Northeastern - 4.59 I Stock Fund-—-——-—1 Electronics Investment Corp—1 Energy Fund Inc ——10 Equity Fund Inc— ——20c Inc 136 4.17 ——1 Mutual Fund 176 131 2.4.4 Fund Eaton Florida 168 Co 1c National Florida Growth Fund Inc & Crum 11.98 Financial Industrial Fund 5 Casualty Co 5 Forstc'r Inc ——10 Continental shares—— 3.44 Fidelity Capital Fund 358 Federal Insurance 24.70 — 344 4.26 3.13 Dreyfus Fund Inc——. <fc HowardBalanced Fund 10 18% 40% Fire North River i 3.13 21.87 Shares-— Life. 65% 5 Fire-—. Union National — 15% Inc common-—1 Natl Old Line New 4.54 2.50 25c Dividend a47.28 Mutual Income Foundation FtLl Shares— New 2.84 10.45 Trustee 25!2 4.12 10.58 E 35% 237« 3.87 9,05 Series 33G NyiU Lile Ac Accident rn.s las lc 9.54 Diversified -5 Lilc (Ky) —lc shares. — —-2 Co — shares— I'iro——— 5 Nationwide Corn class ANew Amsieniaiu Casualty'-- —2 Eagle Fire Ins Co (N J > —1.23 Employers Group Assoc.— —■♦ Employers Reinsurance Corp—5 14.25 10.89 -National 16 G Assurance _ 1 Delaware Income Fund Inc-—1 Diver Growth Stk Ftiifd Inc—1 Diversified Investment Fund—1 ."24% ' 57 10 Continental Missilcs-Jcts 19.00 Vegh MulualTund Inc Delaware Fund— De 45% 14% Shippers-.: 6.90 Fund Inc— _8.38 18.87 42 „5 Lite Monument. 25 & 6.39 Mass Investment'inc Fund 10% — 1 Jo 11 d i 1 ig—• Bankers Natl Life. Ins CN Jj—10 Standard Life 1 General Massachusetts Life Fund— Units of beneficial interest—1 25.01 7.07 - .. Income 3G 9{it Casualty 26-%. 62G 273 i Connecticut , 1 B Western Dividend 2% 1 ;u—6.25 19.95 Trust shares of beneflcialTnt_33%c 21% Investing'Co Inc„._—1 1 Series 114% American Surety Co 18.25 Massachusetts 18.58 20 110;!i 15.03 Commonwealth Petroleum 11.04 10.10 10 14.10 1 - Boston Insurance Co 11.00 10.10 --1 Investment-—i Commonwealth Stock, Fund-—1 Composite Bond Ac Stock Fund Inc —1 Composite Fund Inc >—1 Concord Fund Inc—— 1 Consolidated Investment Trust-! Corporate Leaders Trust FundFund Inc—~—_ Commonwealth 131 19 12.14 11.18 123 * Re-insurance 15.l(i Income Commonwealth 10 American 13.73 Paper 42% (iO JGalveston 18% Metal 50% 39 -10 Mercnr/.(Wash D C> 13.87 13.11 45 iBaitm_—„ J Special Investment shares—lc Transport shares-. ——lc 17.000 129% 36% 13% Amer Nat Ins 3.02 40 34G _4 13.89 Managed FundsElectrical Equipment fciiares_lc General Industries shares—lc 37'h Merchants Ac Maluifactureis 12.92 Sayles Mutual Fund-— • 1 5 Mass Iml.cmuit.y-Aj Life Ins.. -—5 Merchants Eire Assurance— —5 12.56 Looinis 5% 3:G 17.27 1 6% i Loyal Amer Life Ins Co Inc 27% 14.56 Bankers 233 3G 13:34 7.09 58% $ 25:G 15.83 7.07 22 2G Amer ' 20 _'J0 55r Investors Corp—*—1 American 25c — Fund. Trust Lile Naiional 24% -23 —T Va,.-.. —10 Massac b use 11 s Amer Ins Co (Newark N _ Lincoln — of Co Insurance Maryland 10.69 0.47 Life 11G 16.37 6219- —3 J——: — Companies lue... 43 22.00 1 Inc Fund Lavard Lexington 14.22 11.79 Fund- , Term 48 G ins Co Casually & of 23 45% 10 15.00 Canada Ltd_l 7 Life Life 2% 21 . 39 20.17 9.79 Liberty Natl Life Ins tBirn) ) —2 2% Home Assurance Co 5 American Lexington Venture Fund. —1 Lite Insurance Investors Inc.,—1 Lite Insurance Stk Fund Inc—1 10.10 1 Chemical Fund fnc.,„ -50c Christiana Securities Corp-.-10C 7% preferred ——_—— -100 Colonial Energy Shares.--1 woioiual Fund inc—— —i 17 Beneficial 10.49 1 —-—1 Ltd Century Shtwres Trust Chase Fund of Boston 11.27 Knickerbocker Growth Fund—1 General Fund— Canadian 17.69 (Speculative Pfd Stksj—1 (High-Grade Com Stk)—1 ilncotne Com Stocks* —-1 iSpeculative Com Stki—1 (Low Priced Com Stksml K-2 19.32 <19541. Ltd,—- De (Income Pfd Slocks,i K-l 5.18 16.22 10.33 15 Fidelity Life Ins Co 1 Amer Heritage-Life Ins— (Jaclcsonville F'la >''.——..... 1 Bondst Priced 13.47 Fund 1 —1 1 (Discount Bonds' S-l Canadian Fund Inc—— Crown American 17.87 California Fund Inc— Fund 24.52 8.90 1 Blue Elclge Mutual Fund Inc—1 Roston Fund the. 1 Broad Street In rest merit 50c Canada Grade Bonds ml (Medium 247 32 G 43!a 16:G 187« 73i 30' ( 39G Insurance 22.47 5.97 14.71 AgricuHural Araerkan 24.60 B-2 Lawyers Mtge & Title Co- _65c Lawyers Title Ins Corp (Va )— 5 66)2 Ask Bid Far 179 69;G 237 23.57 0.31 4.74 30.51 U24.73 Funds— 5.78 13.53 35.79 Insurance——..,—10 Life Borids'j—^-1 Keystone Custodian B-l (Invest'icnt _■ 1.80 1.71 11.90 Aetna Companies Ask 171 Casualty Aetna 4.91 Equitable Assur— ....5 American,, Fidelity & Casuaiiy-5 "$1.25 conv preferred,.. 5 Johnston 38 1 i 12.14 13.01 , 1 1 .-i—— Mutual Fund 10.55 Growth Fund Axe-Templeion Canada Ltd inc iTliei Fund vstel 15.95 9.65 Axe-Hotighton Fund "B'* inc—5 Axe-Hough ton Stock Fund Inc. 1 Axe-Science .& Elect'nivs Corp„lc euiiock 4.05 4.35 Fund —*--1 Mutual Fund Inc—1 Amer Research & Development-* Associated f und Trust * Atomic Devei Mut Fund Inc—1 Axe-Houghton Fund "A' Inc—1 American 11.11 & Surety 10 Aetna Insurance Co————10 4.49 Inc——lc Investment Co of America, 1 Investment Trust of Boston—1 (ntl Resources Fund 2.40 2.24 Bid l'ar Ask Bid Far Funds— Mutual Ask Bid issued, Ex-stock dividend. Volume 190 Number 5863 . . The Commercial and Financial Chronicle . (195) THE COURSE OF BANK CLEARINGS Third Federal Reserve District—Philadelphia— .... 1959 clearings this week will show liminary figures compiled by of the a decrease compared with a year ago. Pre¬ based upon telegraphic advices from the chief cities us $22,157,521,989 against $23,369,179,432 for the there is loss for the week ending a Friday of 13.5%. in 1958. At this Our comparative summary, for the week follows: July Inc. or 4 1957 Dec. ft 1950 $ < 1.573,640 +40.9 T, 844,267 1,713,800 650,626 + 246.7 1,506.140 1,787,240 l,962i260 4,317,160 2,381,372 4- 30.9 3,945,803 913,000,000 —15.9 4,547.174 1,296,000.000 + 41.9 5,276,900 4,115,407 + 28.2 969,000,000 4,352.068 8,481,209 7,415,737 + 14.4 7,273.427 *4,600.000 7,214,134 4,044,357 + 13.7 3,662,855 9,395,847 3,754,673 7,241,590 + 29.7 -28,032,939 7,202,43® 18,213,270 32,846,102 + 53.9 6,735,675 17,754,601 31,175,238 5.1 34,932,114 26,284,193 1,393,130,508 ; 1,819,654 3,320.088 Lancaster Philadelphia Reading 994,866,246 + 40.0 1.054,025,355 1.195,914,427 13,910,351 236,202,970 469,999,389 53,476,000 12,937,259 + 43.6 Seranton Wilkes-Barre , Yoiiz Delaware—Wilmington —— New Jersey—Trenton Total CLEARINGS-RETURNS BY TELEGRAPH $ 2,249,199 ; Chester center Ended 1958 $ ' I 2,217.716 Bethlehem Our preliminary totals stand week same - Pennsylvania—Altoona country, indicate that for the week ended Saturday; July 11, clearings for all year. V , cities of the United States for which it is possible to obtain weekly clearings will be 5.2% below those of the corresponding week last at Week ■' ... Bank 47 (11 cities) ... — 2,417,034 1,121,000,00(1 5,062,373 15,616,13» - Week Ending July 11— 1959 York New 1958 % $10,702,910,107 $12,379,626,956 __ Chicago 1,139,973,485 948,000,000 Boston 660,093,349 660,784,404 :_1 478,646,960 St. Louis San _ Francisco L . _ Cleveland 641,479,000 722,67.9,455 cities, five days———_——! Other cities, five days — 4.828,951,805 65,840,800 14,142,040 Total all cities, cities, five days.— one all cities ____21—___ + for Complete and exact in issue our of next week— — 9.1 4- 0.8 — 904,518,361 We week cannot ends Saturday and the Saturday figures Accprdingly, in the above them 5.9 July 4. For that week there the whole country present further below, we was a clearings for Kansas City Reserve District the District of 30.2% In the totals register a furnish a summary 1959 1st Boston $ 12 cities —; New York 3rd Philadelphia 7,324,558 348,713,408 141,252,548 315,748,234 131, 776,193 (6 cities) 783,712,041 653,071,939 +20.0 709,396,345 643)995,66© 32,420,808 136,374,898 1958 -1-23.9 29,399,815 108,784,981 25,540,06® 117,276,451 332,000,000 +24.2 350,700.000 339,700,003 7,951,022 '5,727,648 6,257,403 +38.8 6,222,268 6,775,333 7,033,833 167,244,78.3 154,930,824 _ 7,296,974 272,637,760 6,749,809 +43.3 13,324,256 +18.3 14,168,434 619,600 182,245,322 +32,8 +24.9 818,606 187,088,866 1,022,108,960 +30.7 1,096,060,972 .l..O03,442,12l? 3,906,172 2,653,442 •47.2 17,717,485 8,381,989 18.5 2,571,819 19,620,101 19,039,963) 29.1 9,963,106 823,019 Orleans (10 Cities) + 227,655,571 — 1,336,242,6.931 „ Seventh Federal Reserve Michigan—Ann Grand 188,270,552 ' '/ +45.3 -208,857,581 12,117,571 542,70!» . 172,280,55© 1957 or Dec. % District—Chicago- Arbor _ Rapids— - . Lansing 10,817,161 Indiana—Fort Wayne— Indianapolis Terre Haute 15,13578G5 54.9 + 32.8 13,063,633 -i-15.2 89,946,000 11.694,746 4,195,225 + 35.7 3,918,325 128,421,263 7,724,185 52,017,061 + 32.0 124,457,255 « Wisconsin—Milwaukee ~- Iowa—Cedar Rapids Des Moines Sioux City 2,914,46a 8,838,05® 15,695,181 15,918,07!) 88,984,000 169,466,465 i, South Bend 23,4.41,638 118,186,000 15,048,089 5,692,843 - 7,947,911 63,166,724 _. 17,707,079 —— Illinois—Bloomington 2.9 6,909,085 6,554,09(1 + 21.4 46,336,903 14,043,237 1,912,077 1,109,934,089 46,742,451 + 12,664,096 - 87,757,00(1 10,479,70;! 4,504,903 121,566,333 •I 39.8 13,153,021 1,860,89-J 2,756,868 + 23.1 1,044.273,471 + 35.2 7,108,501 + 11.9 19,860,779 15,108,846 + 31.5 6,570,883 14.101,018 13,321,361 8,230,528 .. 2,239,904 1,412,148,724 7,953,039 Chicago Decatur .11,701,541 6,377,771 + 13.8 12,602,661 + 2.9.1 6,331,066 15,687,406 9,560,337 7,327,727 1,437,768,278 -! 33.6 1.496,830.451 1,517,630,463 -! 35.2 325.300,000 207,054,321 322,700,1 + 11.2 + 47.5 111,202,503 103,742/ 8.6 3,462,357 (>47.019,181 — — — Springfield (17 cities) . 1,920,631,586 — 1,139,642,961 6,304,867 >•' _ 1956 $ Eighth Federal Reserve District—St. Louis— $ 1,079,842,325 757,449,663 +42.6 810,028,076 736, 462,665 15,060,698.183 12,007,374,568 + 23.7 11,783,861,215 11,069 246,282 Kentucky—Louisville 1,393,130,508 994,866,246 +10.0 1,054,025,355 1,195, 914,427 Tennessee—Memphis Illinois—Quincy " 7 " 1.667,456,135 1.179,236,364 +41.4 1,347,805.487 1,257, 411,877 6 " 783,712.041 653,071,939 +20.0 709*396,345 Missouri—St. 643, 995,606 5th Richmond 6th Atlanta —10 " 1,836,242.603 1,022,108,960 +30.7 1,096,060,972 Chicago ->—17 " 1,520,651,586 1,437,708,278 +33.6 1,496,830,451 1,517 630,465 4 " 806,104,478 623,331,435 +29.3 647,019,181 740,184,861 539,418,142 +37.2 528,603,604 492, 648,998 »_ 423,000,000 — 224,922,147 312,900,000 202,294,990 — 154,445,871 104,697,321 3,736,460 3,439,124 806,104,478 :+ 623,331,435 -i 29.3 9,485,798 - 629, 571,76!) " Louis + 199,774,! 3,354,( 1.003 442,126 7th _8th St. —! Louis 9th Minneapolis 10th Kansas 11th 7 City 9 —I Dallas 12th San " 748,541.049 567,347,483 • +31.9 547,586,392 554 cities) (4 Ninth Federal Reserve " 616,161,146 473,237,821 +30.2 468,157,089 486 475.450 " 1,440,430,G08 1,132,726,931 4 27.2 1,122,346,985 1,113, 141,785 St. We week now ended add 21,387,937,830 29.0 21,611,721,152 9.735,238,607 33.6 10,249,623,271 South Dakota—Aberdeen—... detailed statement showing our July 4 for four the figures for \ $ $ Inc. 1957 or Dec. e/i $ First Federal Reserve District— Boston— Maine—Bangor Portland Fall 2,720.005 2,64G,G22 6,390,132 6.552,497 621,938,806 + 41.9 652,029,890 3,584,563 3,706,07® + 36.6 25,869,799 10,375,046 + 56.6 12,113,755 6,042,8?! 11,630,7J'J 539,410,142 -i 37.2 528,603,604 492,648,953. + 40.5 3,195,435 1,411,257 + 32.5 1,710,896 + 2.9 3,465,615 13,0d6:845 + 34.3 14,948,558 15,213,933 10,555,778 '4 44.0 11,825,581 10,215,941 64,814,003 4*61.4 51,865,734 4 39.3 25,542,736 23,416,012 31,843,600 4 37.0 33,367,865 30,721,700 2,154,416 4 51.2 2,965,629 2;512,259 810,028.076 j 1,079.842,325 , 757,449,663 42.6 - - Buffalo _ -J Jamestown New 45,884,757 114,403,310 + 49.2 135,554,289 117,416,978 2,696,445 + 44.5 .2,905,073 2,939,211 + _ . _ ._ - Jersey—Newark 53.0G3.G71 40,G66,G18 4 27,684,704 fa) 0.7 3,408,103 3.554,939 + 25.2 11,362,097,881 10,661,693.853 30.5 41,541,487 37,747,204 + 21.1 25,430,680 Texas—Austin Dallas Fort -i29.6 126,680,246 799,873 10,680,5'ri> 125,129,993 9,616,410 —19.9 10,249,923 + 41.0 366,110,492 -! 34.5 32,080,693 348,704,730 11,961,703 + 24.4 12,021,572 5,500,399 + 29.1 5,673,190 6,037,303 567,347,483 -i 31.9 547,586,392 554,031,16 fc 11,510,521 29,613,86:% 356,801,291 12,263,101 7 15,157,843 ; _ _ Worth Galveston Wichita Falls 10,907,006 •i 39.0 11,825,410 13,176,03»> 524,767,201 48,697,956 7,018,000 398,785,825 :•! 31.6 392,619,333 396,317,893 38,057,173 + 28.0 35,220,495 39,763,12® 8,713,00® _ Total (6 - — 6,467,719 6,020,597 Cities) 7,891,730 12,628,416 12,999,501 116,161,146 Louisiana—Shreveport 8.5 + 473,237,821 10,637,000 +31.1— 7,051,285 2.9 10,803,566 0,832,39ft 21,672,09* 4"3UY 468.157,089 486,475,45® 177,472,882 +26.4 184,896,406 163,041,90* 5,793,677 + 18.5 6,250,961 155,809,061 + 41.7 161,238,670 6,127,70® 163,162,95® . 224,200,780 6,868,291 220,820,775 , Oregon—Portland Utah—Salt Lake City — I. Beach— . 100,012,232 Francisco— 94,649,945 -!• 5.7 35,933,402 34,618,705 ' Pasadena San -• 26,090,840 + 32.7 28,976,984 21,116,823 California—Long 19,363,802 + 9.1 18,367,222 16',426,40% + 27.5 588,950,084 31.4 27,661,329 9,154,849 618,485,01® 23,431,93)7 8,026,901 771,097,823 37,823,381 Santa •! 20.5 75.263,421 74.877,014 + 30.0 76,588,512 35,554,531 Barbara (>04,841,675 72,612,935 31,124,66® 14.881,031 - •( 32.7 cities) 13,226,565 •I 12.5 10,917,128 10,701,30® / 1,440,430,603 — (10 27,059,241 8,419,243 . 11,169,617 - Stockton 27,467,269 72,117,035 72,051,753 . San Jose Total (a) 86,912.068 1,132.726,931 + 27.2 1,122,346,985 1,113,141,783- 27,593,065,G04 2R387,937,830 13.008,922,177 9,735,238.607 , 73,863,081 Grand total (103 cities) Outside New York City. _ 1,194,62.» 787,370 10,427,080 23,801.971 93,664,116 Northern New Jersey cities) 3,522,819 11,652,699,223 33,526,807 _ Connecticut—Stamford (9 23,248,388 14,584,113,427 — Syracuse Total + 43.3 3,900,737 York Rochester New 21,532,061 3,836,319 _ Elmira . 961,588 0.1 4.8 + 30,638,569 43,212,669 492,535,429 14,885,431 7,101,114 748,541,049 T Yakima 20,850,933 170,645,105 _ Cities) Washington—Seattle Second Federal Reserve District—New York— (3 168,502,208 7,704,126 -I 58.0 — 11,615,037 130,064,097 -Twelfth Federal Reserve District—San Francisco— . York—Albany-. -.—— 821,916 v 736,462,665 3,258,283 (12 cities) City A 1,018,860 12,168,853 Eleventh Federal Reserve District—Dallas- 36,739,627 22,241,982 43,622,500 Hampshire—Manchester- 40,157,712 30,992,270 Haven ' New Total 3,385,353 15,200,238 — - Colorado—Colorado Springs 1,620,932 3,187,386 17,536,058 Island—Providence- — Wichita Missouri—Kansas St. Joseph • —• - 3,057,525 1,869,715 Worcester Total 2,956,658 —_ — City- 1,609,317 821,902 !\ Kansas—Topeka 600.380,264 3,279,464 . Springfield New + 26.6 + 70.5 4,153,999 Connecticut—Hartford New 2,446,047 5,499,176 882.641,867 New Bedford Rhode $ 9,376,040' River Lowell 1956 3,097,888 _ Massachusetts—Boston Omaha 8,636,011 7.1 5,447,766 - Lincoln 1958 8,296,421. 329,744,3) i 124,532,597 7,440,234 (7 cities) Nebraska—Fremont 1959 —23.4 10,252,849 — — ISastings Clearings at— 9,201,243 3,481,665 359,109,221 128,699,748 8,460,268 Tenth Federal Reserve District—Kansas each city for the years: + 47.1 740,184,801 — Helena Total 10,766,250 + 36.3 135.117,794 3,233,436 Dakota—Fargo— 10,038,278,816 —13.0 266,308,830 198,695,764 7,044,513 North 20,699,972,674 13,008,922,177 Outside New York City— 27,59^65,604 8,248,468 499,269,597 . _. Paul Montana—Billings 108 cities 629,571, District—Minneapolis- Minnesota—Duluth 031,164 —10 Francisco Total Minneapolis 6 - Total - +16.6 190,317,764 153,439,270 222,914,777 15,761,864 Total +15.5 21,000,205 . Mobile Louisiana—New Total Inc. $ . YC,082,467 110,095,230 Mississippi—Vicksburg by Federal Reserve Districts: _11 - 7,642,943 . 412,400,000 Peoria " —— ; Macon gain of 31.9%, in the Dallas Re¬ 9 4th Cleveland 4.8 +20.1 + - gain of 33.6%, the bank clearings - 2nd +52.3 6,700,975 Alabama—Birmingham SUMMARY OF BANK CLEARINGS Week Ended July 4— 1,099,153 21,475,363 166,253,771 5,477,781 122,453,268 Nashville and the San Francisco Reserve District of 27.2%. we 25,072,988 181,555,002 +13.7 •323,258,019 Rockford following +17.7 +47.2 10,202,397 Georgia—Atlanta Augusta center showing an increase of 25.2%. We group the cities according to the Federal Reserve Districts in which they are located and from this we note that in the New York Reserve District the totals show an expansion of 23.7%, in the Boston Re¬ serve District of 42.6% and in the Philadelphia Reserve District of 40.0%. In the Cleveland Reserve District the totals record gn improvement of 41.4%, in the Rich¬ mond Reserve District of 20.0% and in the Atlanta Reserve District of 30.7%. The Chicago Reserve District has managed to enlarge its totals by 33.6%, the St. Louis Reserve District by 29.3% and the Minneapolis Reserve District by 3.7%. In the serve 4,551,000 20,324,399 175,783,678 147,057,959 Tennessee— Knoxville the week as has to be estimated. cases increase of 29.0%, the aggregate Outside of this city there 1,257,411,87? Sixth Federal Reserve District—Atlanta- having amounted to $27,593,065,604 against $21,387,937,830 in the week in 1958. at this an 1.347,805,487 338,040,047 — _ Florida—Jacksonville was 408,327,871 +41.4 Columbia—Washington District of able to give final and complete results of the previous week—the week ended we are + 47.9 1,179,236,364 5,175,198 Carolina—Charleston Maryland—Baltimore 2 by the foregoing will appear statement, however, which 380,646,208 14,531,434 423,802,968 + 23,913,000 .258.723,440 — Richmond not available at time of going to press. are '10,807,389 + 37.6 5.2 - today, inasmuch the last day of the week in all In the elaborate detailed same covered furnish 52,551,903 12,265,573 14,025,363 9.3 12,058.187 Virginia—Huntington Virginia—Norfolk -13.4 $22,157,521,989 $23,369,179,432 details for the week. + 23.1 250,129,741 Fifth Federal Reserve District—Richmond— Total Total 506,611,621 7.2 + 18.6 (7 cities)— 2.6 4,522,591,800 1.025.790,361 13,499,793 262,291,806 567,377,200 55,278,100 1,667,456,135 Pennsylvania—Pittsburgh Total + $21,131,731,628 $22,404,661,071 __ day_ 13,716,590 + 34.2 16,537,915 563,122,812 South All +12.9 —11.2 $16,302,779,823 $17,942,009,271 — ' Youngstown West Ten 317,062,263 674,993,307 Mansfield 3.6 — 506,537,773 430,308,115 i Columbus 0.3 — 362,963,757 - Baltimore 15,706,998 Cleveland 0.1 — i Cincinnati 404,484,659 „ - 2.2 0.2 + — 362,500,000 _ Pittsburgh Ohio—canton 1,115,845,307 946,000,000 Philadelphia Fourth Federal Reserve District—Cleveland- —13.5 15i060.698.183 12.007.374.568 ! 23.7 11.783.861.215 11.069.246.232 * Estimated". < a > Clearings operations discontinued. + 29.0 4 33.6 21,611,721,152 20,099,972,67% 10.249.623,271 10,038,278,81© and Financial Chronicle The Commercial 48- . Monday, July 13, 1959 ... .(196) to the Pursuant Transmission Corp.— 512 (/ debentures due Dec. 1, 1976—_— Union Gas Co. of Canada, Ltd.— RATES FOREIGN EXCHANGE of the Tariff Act of 1930, the Fecieial Reset ve Bank the buying rate for cable transfers on the different for the week just passed. RESERVE BANK TO TREASURY UNDER TARIFF' ACT OF 1930 JULY 9, 1959. INCLUSIVE 2. JULY 1959 TO Eastern 5*4% requirements of Section 322 the Secretary of the Treasury countries of the world. We give below a record TOREraN EXCHANGE RATES CERTIFIED BY FEDERAL ™ certifies daily to Noon Buying Rate lor Monetary Unit July 7 Thursday Friday July 2 July 3 July 6 convertible subordinated notes due Bros. Gear & Machine corp.— $ Argentina, pesoAustralia, Austria, pound— schilling, 2.24('637 — —— Ceylon, (Metropolitan), franc Deutsche mark France Germany, India, rupee ; pound. Ireland, lira Italy, Japan, Sweden, krona — pound— pound sterling Africa, South of Union Kingdom, United .00203805 ; .239300 .239305 .210282 .210332 2.812200 1 $2835 $In volume this issue. .00161050 .00161050 189. .001(51050 .00277912* .00277912* .00277912* .00277912* .328733 .328700 .328633 .328616 .328666 .0800560 .0800560 .0800560 DIVIDENDS .0800560 0800560 (Continued from page 14) .265130 .265215 .265200 2.784455 2.784356 2.784356 .140531 .140518 .140525 .140518 .140512 .496950* .496950* .496950* .496950* .496950* .265195 .265215 2.784554, 2.784257 .0349950* .0350050* .0349800* .0349950* .0349950* .0238095* .0238095* .0238095* .193321 .193306 .193293 .193282 .193343 .232050 .232062 .232075 .232025 .232081 ■„ 2.801892 2.801793 2.801693 2.812400 2.812300 2.812200 «— ■. (initial quar.) (N. Y.) New common Twelve Federal Reserve Banks Combined Statement of Condition of the Commercial and industrial loans 6-30 6-15 7-15 7- 7-15 G-12 .7-15/ 7-45" '6-22 50c 7-15 6-30 37Vac 7-20 6-26 50c Since July I, 1959 18,485,143 account--- Gold certificate 1958 6,804 — Total P. — + 14,744 - 18 ,505 16,935 428 ,173 902,871 — 1,031,595 Discounts end advances Industrial loans -1,313,269 28, 107 — 262,432 342,699 of other -cash- Other 19,413,896 certificate reserves hanks gold notes R. 86,981 2 198 928,753 Redemption fund for f. R. notes ■1,400,250 9,002 - 342 1 16,852 - 25,396 Acceptances—bought outright--— Bills Notes : — „- 156,000 2,253,900 18,649,726 2,867,565 2,483,771 — Certificates Bonds liabilities of reporting mem¬ of assets and follows: A summary — ___ 450,910 — banks ber + 2,867,565 " Jun. 24, - July 1. 305,486 — Held 26,254,962 89,000 + 70,250 + 89,000 securities 26,343,962 + 226,250 + 903,790 27,400,954 +654,423 1,789,467 —615,309 346,729 + 24 6,578 + 13,801 Total Govt, S. U. loans Total securities and Uncollected 5,076,824 items cash premises assets 95,815 199,956 ^ assets—_____ Total 23,036 - 808,060 4,129 loans—_—_______——_ Loans to brokers and dealers for pur¬ chasing or carrying securities—___ Other loans for purchasing or carry¬ ing securities U. S. 27,630,171 notes banks •! 741,401 •1- 170,378 + 155,607 — 182,198 — 2,095 25,942 — 350,776 Other 545,406 —106,259 460,780 262,125 account _____ 35,660 — deposits 19,431,566 __________ + 29,290 — 377,545 securities Loans to Cash + + 19,197 —51,347,607 8,494 .+ 380,519 567 + 26,240 + .1:31,669 33,160 + ... vault— . Demand 757,823 U. ACCOUNTS- paid S. Surplus Other 868,410 capital accounts—— liabs. Ratio of & 196,055 capital accounts 12,056 52,792.591 4,129 gold certificate to deposit and F. bilities combined 7,072 — Contingent lia¬ 41.3% Sept. 2, 3.1% — 74,772 ' —« 1,013 18 others , in 13b and coverage 460 1,678,. Banks——-, Reserve — — surplus of $27,543,000 loans format. institutions, figures will , will preferred including be found —240 + 136 + + 408 895 July justed, $228 1: categories. principal million in 7-31 split). each Several The list of corporate bonds, notes, a called OF TENDER ' Gen. income (now Page Date Company and Issue— Pittsburgh Railways Co.— STTTft' mtge. s. f. bonds due Jan. Poli-New England Theatres, Inc.— new be available of System in leading cities changes $320 balances for million with in the week fixed) Electronic each for Ultrasonics Corp. — 8*1T 7-31 11-18 10-30 8- 1 7-31 7-1S 10-15 8-31 7-15 $-17 1 7-15 56%»c pfd. (quar.)—_ Narragansett Electric, 4Vi»% Aeronautical Corp. (increased) Biscutt- Co.1, common (quar.)---—Common (quar.) _ National 8c 50c 50c . ' $1.75 preferred (quar.) ; — Cash Register (quar.)_______ Casket Co. (quar.) : —___—: National Chemical & Mfg. (stock dividend) 7%i 30c 25c 2% loans domestic banks, 1st http://fraser.stlouisfed.org/ V. Federal Reserve Bank of St. Louis 8% of Tea 93 1, 1968—July 30 Co., 5% Industries, convertible s. Extra ; ; : (quar.) Class A —_—____ — — Lead Co., 6% preferred B National Manufacture & Stores COrp. Stock dividend —: National National Securities & Securities stock, Aug 14 1 bonds July $2562 48 Aug 1 1 /July 21 •_— $2461 from Co. Gas Jersey Natural (quar.)—' Gas (increased) 7-15, 7-15 7-15 , , 9-4 12- 4 7-8 7- 1 7- 1 8-28 6-30 6-30 6^30 .. .. • $20c 20c (quar.)___l Haven - net Ltd. (resumed) (quar.) New 5c 16c 12c —-— —-—_____ —_____________ Car, Co. New 1964 (quar.) ___ Products of Canada (quar.) Quarterly Neptune Meter Co.. common (quar.) $2.40 preferred tquar.) —1—_—New Brunswick Telephone (quar.)—x: New England Gas & Electric Assn.—■Common Inc.— f. debentures due July 1, Steel 10- 1 1-4-60 6- 3 7-15 7-15 8- 4 Series— payments are quarterly investment income.) ' Tea (quar.l Research Corp— (All National $5c i5c $1.50 10c 1% 10c . 7-15 7-15 7rl7 7- 3 7- 3 7-.3; 6-30 6-30, Ltd. (quar.) A '7-15 5c - National Hosiery Mills, Class ——_— Neon < prior preferred 8-14 6-23' 8- 3 7-15 .8- 2 8-1 7-15 7-15 ,7-15 15c 5c s 17c 15^ac 27%c — Nationwide Corp.— Stock dividend on class A and B__l — due July 1, 19G9debentures due Aug. 1, 1977 series B (quar.) . preferred ' (quar.) Fuel Gas (quar.) series series National Balanced series Georgia— mortgage National Pinellas and $692 million in demand deposits credited to domestic Illinois— cumulative preferred 6Vir/o National Chicago Great Western Ry., 3%% bonds,>Aug. 1, 1969—Aug Executive Committee of the Baptist Convention of the State ad¬ 514 % of G8c National National Bond Page Date , Inc.— debentures due Nov. 7-21 6-'l» 9-18 iMass.)— Inc. Co., special meeimg of stockholders has been cm July 10 to approve a proposed two-for-one split of the common stcck__ National Electric Welding Machine (quar.) National Finance Co., common (quar.) — National July 14 1970 bonds due Nov. 15, 1983_July 22 5% Laboratories, 6% subordinated conv. American Investment Co. of 7-14 6-30 6-30 7-10 oi Narda Ultrasonics Corp. 100 shares held) _______ 100 shares held). National Dividend 1, for Shares 6-29 7-14 called common NOTICE re¬ now 6-15 6-26 (N. Y,) — Stock div. (1 sh. of Narda for . A PARTIAL REDEMPTIONS not Reserve Increases (quar.$25c National stock called for redemption, under sinking fund provisions. indicates the redemption or last date for mak¬ and those Company and Issue— ended 7-15 —1,396. 6 Fund Notices American following 37%2C after 3-for-l preferred (quar.) Mount Royal Rice Mills, Ltd. =—» ing tenders, and the page number gives the location in the current volume (except where otherwise indicated) in which the details were given in the ''Chronicle." items. the 7-27 7-15 7-29 7-29 7-15 7-10 6- 8 8-28 Co.— quar. 6% Redemption Calls and Sinking items, the most important of which loans to financial of the Federal GOc Motorola. Inc. (quar.) 37'/2C Mt. Clemens Metal Products, common—5c 6%; preferred (quar.)— 6c Mutual System, Inc., common (quar.)__ 8c Power (Increased to on The condition statement of weekly reporting member shows -.»•••' 7-15 Initial rejport will show comparable week-ago figures, banks 80c 7-io 7-15 10-1 National of The form is being changed to include ported against other loan some $1.05 $1.50 50c !20c Montana + 215 —3,434 7-1 6-26 7-15 7-27 8- 1 8- 1 10% preferred (quar.)— preferred (quar.) x—_ Ward & Co., common (quar.)_ Moore Corp/,. Ltd., common—... :_ —. Morgan-Guaranty Trust Co. of New York— banks and after deduction of valuation re¬ serves; individual loan items are shown gross. "Preliminary (San Francisco District). % June 24 figures revised (Philadelphia District). 631 — changes are being made in the number of banks but year-ago • —a_l—■ (3-for-l split)____ common Narda Microwave Corp. 1,524 —— 7-15 Stock div. (1 sh. Borrowings: From Federal The date will be 692 Power, $6 36,763 — 360 Beginning next week, this series is being severaf new + + 10,665 _j 7-15 Montgomery + 1,831 149 11 79 8-1 0- 1 $4.20 643 332 500 deposits: banks Below and cities. + — 35c $1.25 National after elimination of Sec. both Montana ■ — 7-15 7-15 6-26 National Condition Statement of Member Banks revised 75 74 —4,452 -— 14 V + 92 +,,541 .. - + 630 — 374 —1,053 — 76 ■+ 6 + 228 — 378 3,106 7-15 > preferred (quar.)j.„—— Equipment Co.— Common (stock dividend) — 56,391 28,548 adjusted except U. S. Government deposits-: -_L 1 1958. NOTE: + x. 5% —5.263 — 8- 1 8- 1 Monimc Auto + 1,351 + 1,700 — ■ $1.09 $1.14 20c 1. (quar.) Common 664 accept¬ foreign on for correspondents Industrial loan commitments X Net change A'r — / • preferred (quar.)_ Mississippi Valley Barge Line (quar.) Mississippi Valley Public Service- +2,212 + 120 — 12c 15c 4.56% ... banks—.—— Foreign . !Exclusive _ liability purchased ances -74 4 Mississippi Power & Light Co.-— 4.36% preferred (quar.)_ 590 +4,581 — 808,660 + reserves note R. __ Government From Total — 12,265 974 2,584 Banks— —.— deposits deposits Domestic in ,___ banks—- domestic with Interbank demand CAPITAL Capital ■____ with Federal Reserve in Time liabilities L liabilities— 366,415 2,571 4,252,710 . banks— 4 5 152$ 172 28 52 + — . 17,311 9,266 2,124 ___ 171 • — ; . — Other Reserves - 369,190 — —558,988 Deferred availability cash items— Other liabs. & accrued dividends bonds S. Balances Total — . loans ___ 18,357,885 reserves Treas.—general Total 1,358 —; 10,241 —_______—12,963 U. S. Government security—total 27,312 Treasury bills —• ' 1,651 Treasury certificates of indebtedness.. 1,982 Treasury notes —6,368 U. Foreign .+ loans—: estate Other Deposits— Member 2,155 — LIABILITIES— Federal Reserve 630 Agricultural Real 52,792,591 — + + $1.10 $l:22Va 25c Sl.OG'A 40c 50c Mississippi Power Co., 4.40% pfd. (quar.)$1.10 4.60% preferred (quar.)——:—— $1.15 1958 134 320 +9$ + 2 and investments adjusted!——94,672 adjusted!— —-—-——, 58,094 Commercial and industrial loans—31,998 Loans Loans $25 (monthly) — class A (quar.)—, Rhoades Inc., 4%% pfd. <quar.)__ Minnesota Ontario Paper (quar.— Mississippi Glass (quar.)„.2_i——/ (In millions of dollars) ASSETS— 15 Due from foreign banks Other 814,790 + outright— under repurchase agree't Total bought Bank 156,000 6c Inc. Manufacturing, Miller July 2, 1959 1959" + . Miller & Since Decrease (—) 93is/4C 93%c Laboratories Miles Increase ( + ) or —1,296,379 55c (initial quar.) :___ Michigan Central R. R. (s-a) Michigan Gas & Electric Co.— 4.40% preferred (quar.) •—_a_; 4.90% preferred (quar.) * Michigan Seamless Tube, new com. (initial) Extruders, Miami million. banks increased $541 $3 20c Zinc — from bor¬ Loans to increased $136 million. others 6-22 85c McCabe Grain Co., Ltd. (quart),--—125c. McGregor-Doniger, Inc., class'A. (quart)—~ 25c Class B tquar.)— —i— . 1 Vic McQuay-Norris Mfg. (quar,) -A-—--,—30c Borrowings of weekly reporting member banks Federal Reserve Banks decreased $240 million and from 2 10C (s-a)_—— Co.—,—____ May Department Stores, common (quar.)__ $3.75 participating preferred (quar.)_____ 3%% preferred (quar.)—..— $3.40 preferred (quar.)_— certificates of indebtedness de¬ creased by $52 million; Treasury notes and U. S. Gov¬ ernment bonds both decreased by $74 million. rowings $17Vac ———_ „ of Treasury Holdings XT. S. Government securities- Bought outright— net income) — Vlassawippi Valley Ry. & Hegelor $20c „\ — Matthiessen $152 million. "Other" loans increased July 9, 1959 July 8, ASSETS— increased $9 million banks; changes according to industry appear in another press release. Loans to brokers and dealers for purchasing or carrying U. S. Government and other securities increased $171 million. Increase (-+ ) or /quar.) preferred B (quar.)—222—.,—__ Marsh Steel <& Aluminum (quar.) __i—___. Maryland Casualty (quar.)————2__ Massachusetts Investors Trust— /. Share ol beneficial interest (quarterly from reporting member all at 7-13 130c 7% posits adjusted. dollars) Decrease C—) Common million in demand de¬ of $149 7-15 1 7-15 Leaf Gardens, Ltd. (quar.)— preferred (quart)_ — Maritime Telegraph & Telephone Co., Ltd.— decrease x- 7-20 4% a 6-30 7-21 20c 55c (quar.)—L- Maple and 6-30 7-15 Mansfield Tire & Rubber- '-Nominal banks, 6-30 7-3 5 SI.50 15c t$1.25 62Vac' pref. (quar.)—_— 5% pref. A (quar.) & Co., 7-15 ' 35c common fquar.): R.t (P. Mallory 2.812200 2.812100 preferred Mading Drug Stores— Mailman Corp., Ltd., 5'/<> 2.801093 2.801594 6% Forbes, & Andrews Mac .0238095* .0238095* Payable of Rec. Share of Company Holders When Per Name Manufacturers Trust Co. (In thousands oi Aug 1959 $ 2.812200 .00161030 .00277912* 2.801494 2.812000 $2938 .210332 2.812300 in "Announcement .239210 .210307 Dec. 31, 197,2—July 31 1967——Aug 15 Co., Instrument .00203(387 00203760 .239280 2.812400 00101070 .193336 .232068 —— franc_— Switzerland, .00312006" .00203860 210380 Malayan dollar ____i. Mexico, peso_.—1 Netherlands, guilder— .265200 New Zealand, pound—.. ———2.784158 Norway, krone-— .140518 Philippine Islands, peso —— .496950* Portugal, escudo — .0350050* Spain, peseta— —.0238095* Malaysia, .0031200(5* .00312006* .239315 il't .32870(5 .0800560 t- - — .00312006* .210625 - 2.812100 — - yen .210650 .00203800 00312000* .00203850 ,239315 .210425 2-812000 —- 12830 6% conv. debs, of Western Newspaper Union— 6V convertible s. f. debentures due Aug. 1, 1.045781 .210650 (subord.) due July 15, 1967—July 15 convertible subord. debs, due 5L% Vietoreen L. 047812 .00312006" .210(550 .210 <00 markka Transformer Corp.— 10-year conv. debs, Winding Co.— 6% .0200270 1.049375 .210600 * $1468 Universal .0385140* .0200350 . Precision .0124039 2.240796 1.048437 1.048906 $2783 1 Trailer" Co.— Koehring .0124039 .0200378 .0200350 .0200440 — rupee Finland, .0335140* .0385140" 0-00430 Belgium, franc Canada, dollar ./.Aug preferred stock $2888 convertible subord. debs, due April 1, 1975,—.July 30 Co., 5% preferred stock, series B—/ —Dec 15 3;V» % $ .0385140* .0385140* Corp.— Oil convertible*, cumulative 5:U% Fruehaul July 9 2.240796 2.240876 2.240956 2.240717 Feb. 1, 1960—July 15 $ .0122530 .0119990 0118347 _#J _ Foote 48 pfd. stock—July 15 July 8 $ $ Page Date non-cum. 1% Products Ltd., Food Christiana Thursday Wednesday Tuesday Mon day $2937 July 15 1975 ° Company and Issue— Catelli York (Value in United States Money) Cable Transfers in New debentures due Jan. 15, f. s. » 1 -Aug ENTIl^ ISSUES CALLED 5% Country and Pag« Date and Issue— Company Texas — 7-15 £- 1 6-24 8-14 3% $15c 115c 11-30 7-24 10- 3 11- 2 7- 3 35c 60c 15c £-15 £-15 7-15 27!2C 47)aC 7-15 9-30 7-lo 45c - 10- 2 7-31 7-31 6-25 6-25 9-15 7- 1 Volume 190 Number 5863 . . The Commercial and Financial Chronicle . (197) Per Name New e/ Company Share »• State Electric York When Holders Per Payable oj Rec. Potomac Common ; (quar.) J:—, Wire York 57V2C (quar.)—__—___ preferred 3.75% New 933:ic 10- 1 8- 1 7-15 1 7-15 (quar.)—-—— Necvberry (J. J.) Cob 3%% preferred (quar.) Norfolk & Western Ry., common (quar.)__ adjustment 4% Nielsen (A. Oil Nortex C.i & pfd. Co. Gas American North Fund of Insurance Northeastern Water prior 7-17 7-31 6-30 . Northern Illinois Corp., preferred Bros. 8-24 9-15 2 9- 9- 1 8-17 9- 1 8-17 7-15 6-30 b $1 Quaker Oats Co., common preferred Quincy Mining 6-22 R E 6-22 1 8- 1 8- 1 T & Corp. 6-19 6-19 Ralston 6-19 37 J/eC 8-14 8- 3 Purina J40c 7-24 6-30 Class 10-23 9-30 Rcichhold +69c 9-15 8-25 4:$1.50 9-15 8-25 50c ____ (quar.)__ (Minn.)— _____ 1 10- 7-31 9-18 Reed 7-10 s 7-20 90c —--1 7-15 7-15 $1.04 7-15 6-30 f2V2C 7-15 6-30 8- 7-10 1 8- 1 1 8- 1 1 9-18 +$1.75 9- 1 8- 3 30c (quar.) 9- 1 8- • 7 9- 1 8- & Electric, common (quar. preferred (quar.)__ 7 25c 4.24% 4'/2% Gas, (quar.)___ preferred (quar. 4.92% National River 6-30 Robinson 7-31 Rochester Biktton 7-31* Rochester Gas & 8-14 4% 7-31 (quar.) (quar.)_—4__ Ontario Steel Products Ltd., com. (quar.)— 7% preferred (quar. Mfg. Co. Elevator Otis Co. 4.10'« 4% % 7-15 4.107* 8- 1 9-10 1:25c 8-14 7-14 t$1.75 (quar.) 8-14 (quar.) ___—L Fund, "capital -'gains——_*____uu—_ Owens-Corning Fiberglass Corp. (quar.)_u— Oxford Paper Co., common $5 preference <quar. 7-24 7- Finance Gas Electric 7- 1 (quar.)___ _______ (quar.) preferred tqiiar.)_____f___u__ /,' pfd. preferred $4.75 (quar.)__. (quar. Park Penn . Chemical Davis Fuel Co. & $1.50 Penn Traffic Co. Ltd. — $1.50 1 Sand Phillips-Van & pfd. at 5% Porter 5%% (H. (stock the preierred 35c 6-30 8-10 7-20 8-10 7-20 A n ■ 20c 7^24 7-10 10c 7-31 6-29 10c 8-31 7-31 125c 7-24 6-26 1S1.25 7-24 6-26 $1.25 9-15 9- 1 $1.25 —_— 12-15 12- 1 '. 32 (4c — 7-17 7-10 16c 9-15 8-25 26c 7-15 6-30 22c 7-15 6-30 rate in 7- 1 $1.31% 7-15 7- 1 17c 7-15 2% 1 Miguel Brewery (quar.) Company (quar^.).— Map 1 7-31 1 8-20 1 7-15 7-15 6-15 ' 7-15 6-15 8- 7-20 1 8- $1.25 1 7-20 7-20 $1 • . 7- 6 7-15 7- 1 8- 7-10 8- 1 1 7-10 7-15 7- 8- 7-15 9- 1 3 8-20 7-27 7-10 877aC 7-20 7-10 25c 7-15 6-30 65c ; 7-17 7- 8-15 7-31 9- 1 5c 9-24 9- 8 9-24 9- 8 $1.0674 (quar.) 9-24 6274c 62 74c pfd. 7-31 7-17 8 $1.3774 (quar.) 7-17 7-15 7- $1.25 (quar.) > 7-31 25c i 7-15 7- 5 5 eoc • . ' 7-15 6-30 15c 9- 8-15 1 Co. 7-20 8-10 7-20 7-15 6-30 25c 7-15 >7-1 40c —: arvac iquar.) $3.40 preferred (quar.)_— $4 preferred (quar.)— : 7-30 7- a- 7-17 i 1 10c 8- 1 7-20 9- 1 8-20 Securities Acceptance Stock dividend-: investment Shareholders' From Trust Common Class A 47*2 75 475 —— —-—————— Stock 7-17 98- 1 8- 1 7-15 7-31 7-15 5c 7-15 6-25 375 9-30 9-10 1 — 8- 1 7-17 $1.06y4 8- 1 7-17 1075 7-23 7- 8 6-30 10c 7-31 6-30 Boston— 420c —: —— (quar.) A 45674C (quar.)_. of 43375 c America 450c 8-25 8-14 10- 2 7-14 9- 2 — — 10- 2 9- 2 15c 8- 1 7- 2 2 75 8- 1 7- 2 8- 1 7-10 Quarterly Silverwood Class Simms $1 B (T. —: Dairies $2.12 Ltd., — class (quar.)_ S.) preferred Slater — & A 415c Co., 1 8-28 10- 1 8-28 425c 8- 1 7-15 430c 8- 1 7-10 453c 7-15 6-26 3 6-30 Ltd.— —! (quar.) (N.) & Company preferred (quar.) Smith (A. O.) Corp. 10- 415c (quar.) — Ltd., (quar.) common —_ , 40c Co., Ltd., 8- 7-10 7-15 6-20 0-15 t-14 12-10 9-2 8774c t-1 9274c 9774c Stein Roc of 0- & & (s-a)_ 9-14 12-16 12- 1 7-23 7-16 $5674c 8- (Boston) 6-30 6-30 7-20 7- 8- 1 7-10 8- 1 7-10 . 3 6-30 $-30 $-11 12-31 12-tl 8-1 7-3 7-25 7-25 7-13 25c Trust 6-30 7-15 20c Balanced & 7-15 9-10 8-27 7-15 6-30 Inc.— Fund— (N. Y.)_— 7-13 > 40c 1 Inc.— / & ^ 10- 1 9-11 25c 10- 1 9-15 30c 9-10 8-26 43:!4c common (quar.) 9-15 7-15 6-22 20c (quar.) 9-30 10c Co 7-24 7-10 8- 1 7-15 7-31 7-21 25c (quar.) 1274c 7-15 15c 7- 1 40c Sons, of Canada (quar.)__ 8-15 8- a$0.093 Ltd 7-23 6-11 1$1.25 10- 1 Superior Window, convertible (initial quar.) 9- 1 8-18 7-15 6-16 E., Inc. (quar.)__ (quar.) (initial quar.) (Mass.), class A Trust 6-30 8-1 7-18 8- 1 7-18 8- 1 7-15 7-31 30c 9-15 8-15 28c 8-1 7-14 8- 1 7-10 7-10 $1 $1.14 8- 1 $1.19 8= 1 $1.21 8- 1 7-10 1274c 7-15 6-30 lc 7-27 7- 6 7- 9 7-10 13c, 7-15 7-15 7- 9 3274c (quar.) (quarj 8-14 7-30 (N. 6-30 7-28 7- 9-1 8-14 $1.06% 9-1 8-14 $1.14 9-1 9 8-14 Y.) 8-31 7-15 7-2 20c (quar.) 25c 50c — 8-17 8- 3 7-15 7- 7 $40c 774c 2274c » 7-15 8- - 8-14 Airways, Inc. :— 6-3C 1 7-15 20c 7-31 7- 8 774c (quar.) 7-15 6-30 8- 1 7-15 7-15 (Del.)— (quar.) Gas 7-15 1774c $1.06V4 (quar.) Corp. Pipe Lino Corp.— 25c preferred (quar.) preferred (quar.) Gas 7-20 $1.16 (quar.) & 8-31 $1.14 (quar.) $5.70 preferred $5.96 preferred 6-30 7-15 $1 Traders Building Assn. Ltd. (quar.) Trans Caribbean Airways, Inc. (Delaware)-— Class A ,(quqr.)__ Common 8-30 50c Co., common preferred (quar.) 4.25% preferred (quar.) 4.56% preferred (quar.) Toledo Scale Co. (quar.) ; Transcontinental 7-21 7-21 7-30 13c Edison A 2-15 8-15 |$1 Insurance Increased (quar.) class 8-15 8-15 20c (N. Y.) (quar.) Co, (Minnesota)— Caribbean 1 , $40c Guaranty Co. Company 9- 3-1-60 1 2% 4% pfd. (initial) Light, $4 pfd. (quar.) $4.56 preferred (quar.) $4.76 preferred (quar.) $4.84 preferred (quar.) Thompson (II. I.) Fiber Glass Co. (quar.) Tom Bell Royalty (annual)- Transamerica 7-18 25c Fower & & 7-31 25c Instruments, Co. 7- 10c Texas-Illinois Natural Gas Pipe LineCommon (quar.) Mfg. 9-11 7-15 274% class A (quar.) Class B (quar.) Technology Instrument (stock dividend) Terre Haute Malleable & Mfg. (quar.) Texaco Canada, Ltd., common (quar.) 4% preferred (quar.)— Texas Electric Service, $4 pfd. (quar.) $4.56 preferred (quar.) $4.64 preferred (quar.) Time Finance Corp. Class B (quar.) 6-30 9-30 1774c dividend— Bank 0-lff 15c Talon, Inc., Title 6-16 7-13 7-15 , $7c (quar.) Texas 7-15 10c Ltd. Broadcasting 9-15 ?$1.25 (quar.)__ Symington Wayne Corp. Oil 1 Y (quar.) Industries 7-2 7- 2 10- t25c Inc. Common 7-20 1774c (quar.) regular preference Trade 8-10 7-20 8c Ordinary Stock 9-10 ?2V4c preferred Supertest Petroleum Corp., Ltd.— Common 9-15 35c class A 1 25c (quar.) 63%c (quar.) 1 8- 1 8- 1 7-15 8- 7-15 $1.49 (quar.)___ Trinity Universal Insurance Quarterly 8- $1.2274 $1.4274 (quar.) 10c (Dallas) (quar.) 1 8- 1 7-15 7-15 25c 8-25 8-14 25c 11-29 11-1® $1.1274 $1.25 7-15 7-15 True Temper 474% 5% Corp. preferred (quar.)— preferred A (quar.1? _ , . 56c Extra Trico 6 7-15 7-15 40C Super Mold Corp. Trans 7- t40c Fund, Corp., common (quar.) Sun Life Assurance Co. Oil Co. (quar.) Toledo 7-15 10c Stock Corp. preferred 10c 20c (quar.)_ Davin Studio Apartment Summers (John) & 7-15 7-14 $1.29 Ltd. Clothier, & 7-10 8-1 7-28 774c (quar.) Wliatley, Stubnitz-Greene 7-20 25c 20c B.) Co., common Stix-Baer-Fuller Co., common (quar.) 7%. 1st preferred (quar.) Title 25c 6-30 "tl5c (John Strawbridge 7-15 7-15 $1.29 Textiles Container 1 .•>—— 933/4C J40c Corp. Bank Stern Taft 7-20 1 t30c (quar.) preferred T. I. M. 7-20 8- 1 10- 50c (quar.) pfd. (quar.)1 • A Farnham 474% Stetson 5% 7-20 8- 1 $1.15 J.) ordinary income Stern & Swltson 7-20 V 7-20 30c income Sterling National Swank, 1 8- 1 jiOc Farnham Sterclii Bros. Stores Stockton. 7-20 40c Canada, From ordinary Roe 9-22 7-20 . f-1 , $1.10 ., (quar.) B Co. 11-30 , , S- 1 $103% 474% 60c class (increased s-a) B Steel $4.90 1—r 7-10 2774c 5% preferred (quar.) 9% preferred (quar.) $2.55 Sherwin-Williams Co. of Canada, Ltd.— 1 8-1 , 'n Shake, Inc. (Delaware) (quar.) Btecher-Traung Lithograph Corp.— 70c ) 8- $1 Steak 60c 7-15 7-10 ,Yb 3% : (N. (quar.) Street Investment Stone 1 55c Stanley Aviation Corp. (N. Y.) Stanley Brock, Ltd., class A (quar.) 7-17 445c : (quar.) dividend RR. Stanficlds, Ltd., From 1 8- 29e Standard Tube Co., class B Tranc Co.— — (increased)— Shares Towle 7-30 8- 7-10 261/3c 474% 7c (quar.)— Corp. 1 20c — income (quar.) preferred Sheraton 8- Corp.— of preferred B 7-17 5c income) investment 1 10c (guar.) Security Insurance Co. of New Haven— Common (quar.)—. $4.25 preferred (quar.) Seibcrling Rubber Co. (stock dividend) Selected American Shares, Inc.— (From 8- 420c Seaboard Plywood & Lumber— Scarfc & Co. Ltd., class A (quar.)—— Securlty^ColumbiamJaanknote Seapak Corp. (initial)——— 85c $1 —_ Standard Stein 7-10 6-30 2774c s preferred Class 1 7-15 15c (Ohio)— "A" 'quar.) Standard Products (year-end) Standard Railway Equipment Mfg. (resumed) State 7-10 1 8- $1.20 1 8>' 2c (quar.) Insurance Texas IOC (montlily)__———_—— Shawinigan Water & Power 1 30c 5c 4Vi% -b - 10% Fetzer & 8-10 37 '4c Montlily 7-15 8- preferred 3 6-30 'Scott Paper Co.— 6-19 1 (quar.) dividend 8 '/a 75 Scott 8- Inc. 3 7- 8% (quar.) 7- 7-13 25c — 7-24 8c —— Schwitzer Corp.— Common (increased) 7-10 7-15 (quar.)— Schering Corp., 575 conv. pfd. (quar.)_ Schuster (Ed.) Co., common (quar ) 7-1-0 9-14 Stock 7-10 1 com. (quar.)—.—-— Paper Corp. Schenley Industries 7-10 8- preferred ——_ Power, Stock dividend 7-10 * & Saxon 7-20 c — (quar.) Electric preferred (quar.)_— Sawliill Tubular Products (quar.)-— 6-15 8- Co. — 5 V4 75 7-20 7-20 3% ;; 6-30 7-15 $12.50 (quar.) 6-30 7-15 $1.09 8-14 6-15 $1.75 7-24 1 8- , 3Cc 3 cash (quar.)_i_ 7-22 7-22 7- 7-2Q $1 8-26 8-26 7- 6-19 3774c 15c 6-30 8- 6274c — 15c 20c (initial) (initial)—_——_ com. 7-15 1 (quar.)__, 6-30 7-15 7-15 7c 6-30 7-15 7-15 1 (quar.) 6-30 7-15 28c GGc Co.— of 7-15 25c 25c 8- dividend) 22 (4c —__ (quar.). 8- 68c 6-26 •' Sun 2Gc 7-21 $1.25 Portland Gas Light, common So piererred (quar..» (quar. 7-16 Savannah 1 75c (quar.) Electric 6-30 Sargent & Co. (quar.) 8- ^___ (quar.) Portland General __—___ 6-30 8-14 95c (qriar.)_ PortsmotttlrCorp. $1.37(4 $1.50 6-30 7-15 7-15 < 1 $1.0774 $1.10 (quar.i K.j Co. (Del.) 7-15 $1.12'4 1 8- 1774 (quar.) 2n<i preferred 7-10 9- 25cV (quar.) common 1st preferred $2.50 7-15 7-31 9- ./%}% (quar.) (quar.) $3.50 convertible preferred Plastic Wire & Cable (quar.) Polaroid Corp., 7-27 San $1 7% preferred (quar.)— Pittston Company, common Co. 6-30 Co.— (quar.) Voting trust certificates Norristown RR. preferred Plymouth Ruober Co. 6-30 7-31 Sanborn 15 c Pittsburgh & Lake Erie RR._ : Pittsburgh Standard Conduit (initial) Pittsburgh, Youngs town & Ashtabula Ry. Co. Plymouth Cordage 7-15 7-17 9774c paid 5% preferred (quar.) Piedmont & Northern Ry. convertible 8-14 8-17 9- 9 50c : Telephone com. be 1 9-10 1 4 5c Pillsbury Co., $4 preferred (quar.) Pittsburgh Brewing Co., common (quar.) • 8-14 $1.17 Distance will 9- 50c $1.23% — (quar.) A "San Juan Racing Assn., .V 7-15 1 15c : common shares 8-14 ——.— 4.36 75 (quar.t Heusen, share 1 8-17 1274c Fractional Ry. A preferred 5.6075 Sanborn Quarterly - 1 10- 35c preferred (quar.) preferred (tfuar.)_____ $2.5C 89- - 35c Stock aivTTSubj. th appTdTal oT'the Philip-" pine Islands Foreign Exchange Board) /. 7-10 8-14 1 $1.50 Long 9- $1.25 San (Me.)— 3.90 % a 7-25 9- 45c Quartet Philippine 8-14 —_ Snlada-Shhriff-Horsey, Ltd. (quar.)—— Diego Gas & Electric, common (quar.)N 4.4075 preferred (quar.) 4Vz% preferred (quar.):— 575 preferred (quar.)— 7-21 1 * Philadelphia, Germantown ! 8-14 8-14 1 $1 — Jncreased 7-31 t45c (quar.) 4.49% .preferred, (quar. 4.68% preferred (quar.) 4% 1 1 —— Commission) Francisco preferred preferred 5% 7- 6 8- $1.16 °__ Corp. Philadelphia tiectric Co., 3.80% Inc., 9- 9- St. Paul Fire & Marine Insurahce Co.— 9-15 8-14 $1.06 V* dividend Morris, 3 ———— Machine & Gear (quar.)! 4 Permanent)? Cement CO. (quar.)—________ i 1 7-31 $1.06 'Perkins Philip 10- 20c 0 (inifcial-quar.) preferred Louis-San 57'* 6-30 25c Gas* Light & Coke (quar,)________ Pepsi-Cola General Bottlers, Inc. (quar.) Pepsi-Cola United Bottlers (resumed) 4.30% 7-10 10c ————~ *8-31 3774c Peoples Stock 7- 7-25 9- .—i— — 7-10 9-15 774 c (quar.)— New, common 7-25 45c (quar.)____ 7-15 7-15 10c Industries, ' Voting common (Increased quar.) Non-voting common (increased quar.) . 7-15 1274c _ 6-29 2 25c Inc. (increased) J_ Stores, common (monthly)——— Common (monthly) St. Lawrence corp., Ltd., common (quar.)—. 5% preferred A (quar.) 6-19 (quar.) 6- 7-15 7-15 Standard Oil Co. 3%% 6-19 \. 30c Fire Standard Fuel <'<■" 6-30 '1 7-20 7-31 59c (increased) preferred International Standard Class 7-15 $1.18% $1.02(4 _________ (quar.)— Commerce 7-20 7-10 a $1.02(4 — Safeway G-19 1 Chemical-— Safety 6-19 7-15 _______ preferred Penobscot Chemical Fibre Co. Pennsalt 7-15 $1 (s-a) Pennsylvania Glass G-19 7-15 _ (quar.) Line, com. Pennsylvania Power Co.— 4£.VV preferred (quar.) 4.25% preferred (quar.) 4.64 % preferred (quar.) Penmuan's 6-19 7-15 6t. (quar.)____ (quar.)— Co. Gz'a, 7-15 state CO 7-10 7-20 6-26 $1.18% preferred ' (quar.) Parke 7-15 $1.18% Packard-Bell Electronics Panhandle Eastern Pipe 4% 7-15 $1.1274 common (quar.)—. Pacific Telephone & Telegraph— 6% preferred (auay.)____—__ 1 8c 67* preferred (quar.)— Ryder System (increased quarterly)-——— (2-for-l split, subject to approval of Inter¬ 7-15 1 $1.10 ' Lighting Corp., $4.36 preferred (quar. $4.50 preferred (quar.i. $4.75 1 8- 65c $1.09 $4.40 v. 8- $1.25 7^-13 $1 — preferred "J" 57a 7* 7-13 Co. 6-30 8-15 2274c Quarterly 7-1 10c —_— 4.40% Spokane 7-13 Mt (quar.) 1 7- Y 7-15 , 59c (quar.)— (quar.) (quar.) (quar.) preferred (quar.) preferred (quar.) preferred (quar.) 4.60% 1 45c Royal McBee Corp.— 4V2% preferred (quar.)— 5% prcferrexl (quar.)— 8-14 1 29Uc . Pacific 1 8- (N. Y.) (quar.) Roper Industries (special) (William ID, Inc. (quar.) Corp.— preferred (quar.)__ preferred (quar.)__ Pacific 7-17 8- ___— 6 7-15 9- 1 8- 30c (quar.)___ 7- 25c 4.75% 5% 8- >1- _20c _— Pacific $1.12(4 59% c (quar.) 7-24 $1.25 1 1 93%c "I" Rolir Aircraft Corp. 20c (quar,)__— 8- com. preferred preferred preferred 4.15% 7-10 7- 250 8-31 7-21 7-25 7-15 8- (quar.) 7-14 3 9-15 Shares— Inc. com. 9-10 7-31 9-15 7-15 4$1.50 1274c , ; ,7- 6 ,7- 5 * 7-15 3774c preferred 3.70% 3.90% 12-15 *$1.19 — 8-14 5c 1 1 $1.12(4 Rorer From 10- 10- 1-1-60 7-31 7-31 7-10 Railway non-cum 4.40% 4.36% 6-26 25c 4.957* preferred "K" (quar.) Rockwell-Standard "'Corp. (quar. ) RodcUs Plywood Corp. (quai*.) Inc.— 7-16 15c —___— 60c —_ Securities 7-28 7-15 128c (quar.) "F" 7-15 7- 3 3774c Southland Paper Mills (s-a) Southwestern Investment (stock dividend)— Southwestern Public Service, 7-24 7-31 127c (quar.)— preferred. "H" * 1 1 * (quar.)i„ 1% 6-26 7-31 46274c Materials Southern 7-21 8- 5% (quar.) Electric, preferred 7-31 7-15 1 2 7-13 $1.1274 (quar.) 57u% preferred (initial) ; Southern New England Tele, 7-24 8- 45c 10c (quar.)—__ Over-Tiie-Ocunfer 7-10 7-10 25c ___—___ Oster 7-24 7-24 20c Olin Mathieson Chemical Co. 8-15 15c 35c Technical Products, preferred 25c insurance Life 2% Roan Antelofe CopiKir Mines, Ltd. Amer. shs, Interim (approximate)—___________—— , 8-14 61 Vac - 1 1 8-15, (stock dividend) (quar.) Rice Mills 8-14 7-20 88- 8- 28c Southern Nevada Power— Common (increased-quar.) 9-14 9- 2 2874c pfd. (quar.) pfd. (quar.)__ participating preferred (quar.) Southern 7-15 approximately 2 9/10c_.___i~___ Brand 8-21 7-31 _____ Trust-Amcr. common 31c —___' Corp., class A.. Republic. of preferred 25c Old Selection Inc., 3:!*% G-30 $1.06 (quar.) common 4%#' preferred Old 7-10 7-15 Rich's, 6-30 9-11 1 (quar.)—__ Ltd., $1.10 class A 8 8-15 — (quar.) 9- 7-24 15c Metals, 4l'2% 2nd pfd. (quar.)— 2nd preferred (quar.) prefcri*ed A (quar,)__.——___ Rhodesian 1 50c — 593ac — Natural 7-30 20c (quar.) preferred 10- 8- common (CanadTi), Ltd. (quar.) 4.72% 2nd preferred (quar.) 5.44% preferred (quar.) Southern Fire & Casualty (quar.) Southern Indiana Gas & Electric— 4.80% preferred (quar.) 6-19 40c Reynolds 7-10 10- 7-27 25c Inc., (quar.) preferred Coast Corp. (quar.) Southern Colorado Power Co., 4.72% 1st preferred (quar.) 6-30 9- 2 9-30, 9- 65c Pittsburgh Water, 474% 6% 9-30 12V2C (quar.) 9-30 Co.— Southern 9 $1.25 Reynolds .Aluminum Co. of Canada, Ltd.— 4:'A% ist preferred (quar.)___—— % (s-a) 9- 1 Republic Supply (Calif.)-, -—:___+— Revere Racing Assn. (quar.)_ 7-10 20 c pfd. common 9 7-20 15c Cement— 7'! Co., dividend Interim Ltd., Okanagan Telephone Co., 40c preferred (s-a) 10- 10- $1.10 class A (quar.)____—;— 7-10 8- 25c Portland 7-15 1S1.50 (quar.) Chemicals, (Dayton) Reliance Electric & Engineering 6-30 25c 6-24 8-25 $1.50 — 6-30 7-15 25c States B Stock 6-30 7-15 (quar.) (quar.) (v-24 7-20 87(40 — Renold Chains, $1.02 25c Oklahoma 2 7-20 7c California Gas, 6% 6% preferred A (quar.) Southern Canada Power Co., Ltd.— 7-22 7- 140e (quar.)_ class A (quar.) Reliance Mfg. Co. (111.) com. $1.023,i (quar. Gas 7-25 6-30 . 383/4C Southern .8-15 7-1 7-15 15c preferred South 6-30 7-15 " 3174c Edison 4.56% 8-14 8-14 8-14 30c Inc. G-30 $1.02 J/L> H (quar.) preferred (quar.)Telephone Co., Ltd., com. Engineering Co., class A (C. A.) Reitman's 6-30 1 25c 4(1* 1 7-31 60c 25c (quar.) 4.48% 1 (quar.)_ Reliable Insurance Co. 2 7 Vac Northern Co. Red Owl Stores, 40c (quar,) com, Northwest Oklahoma 9- $1.50 Rapid Grip & Batten, Ltd., 6% pfd. (s-a)__ Recce Corp. (Mass.), 57c preferred (quar.) Power Co. Mills, 7-14 25c 7-14 4:40c (quar.) Power, Ltd., (quar.) preferred (quar.) $4.08' preferred (quar. $4.10 preferred (quar.) Flour 9-14 1 10c 7-14 Common Ogilvie 1 8- Inc. California Common (quar.) 1 (Wisconsin) 7-14 $3.60 Northwestern Southdown, Southern 7-15 , $1.12 Ry. 2nd preferred B 6-25 9-14 10- 25c $1.06'/4 (quar.)'__"_ 5%%; l&t.preferred (quar.)_ Class yl 7-15 9-30 9- common Corp. of America, coin, (quar.) $3.50 1st preferred (quar.)_ Railway Equipment & Realty (quar.) Common $4.16 8-14 30c (quar.) commoii (quar.)- (quar.)— $1.55 preferred (quar.) ISouth Georgia Natural Gas 9- Radio 8- $1.25 (quar.) preferred 7- 1 Co. ,_L_ Co. Corp., Common 7-15 25c — (quar.) (quar.)__ preferred $4.11 1 9- 50c 8-1 (quar.) ( 8- (quar.) (quar.) preferred $1.06% (quar.) $1.05 preferred States $1.25 When Holder* Payable of Rec. Share Paper Mills Hungerford) Sonotonc 6-20 9c 7-10 Co., (L Aircraft 7-13 162c — -n Service— 4.22% 3.60% Smith Solar 6-20 3 Company (Howard) .7-13 3Gc 7-24 37 V-c (quar.) Northern Insurance Co. of N. Y. (quar.)_±— Northern Ohio Telephone, common . Smith 7-13 ,, Per Name of 7-13 $1.16 20c (quar.if . 4% % Northern 1 47 (4c —__ 15c ~ $2 common 4'4% Quebec 8- $2 135c 67c preferred (quar.)_l. Quebec Power Co. (quar*) Quincy Market Cold Storage & Warehouse— $1 - (quar.)__ Pacific 1 30c 4.647c 3 8- $1.05 4V4 % 8-17 10- Holders Payable of Rec. 150c common preferred (quar.). preferred (quar.)__— preferred (quar.)_ Puget Sound Power &. Light (quar.)___ Puritan Funds Inc. (year-end)—: 6-30 $15c Works-.——______— Indiana Public Northern Ltd., Co., (quar.) Procter & Gamble Co., 8% preferred (quar.) Provincial Transport Co., common (quar.i 5% preferred (quar.)_— Public Service Co. of Colorado, com. (quar.) t-14 7-15 t62»/2C _ _— Northern Illinois Gas, common 5% preferred (quar.) Northern & Gardner Co. 4.20% Ry.;; (s-a) Engineering . 7-10 1 10c (quar.)___—. 's-a) Northern Northern 1 8- 50c ._ When Share Co.— preferred Northern; Central $1.50 8- +5c — preferred Prince (Chicago)— (quar.) North Star Oil, Ltd., class A (quar.)— $2.50 preferred (1956 series; (quar.) $4 Price 7-16 ' 30c <quar.)-__— Canacia— —— $2 8-13 8-10 25c (quar.) 9-10 25c iquar.)—i_ North American Refractories : 90c preferred American Life (s-a) 8- 93;?:»c 7-17. Corp.— $1.20.,., convertible North 8-15 Company Edisen Co., 3.60% pfd. (quar.) 90c 4.70% preferred B (quar.________ $1.171/a__ Power Corp. of Canada, Ltd.— 4'/a% preferred (quarv)• 156c 6% non-cimiulative partic. pfd. (quar.) 175c 9-11 25c Cloth Name of 1 . Gas— & ' 49 __ 0-30 6-30 The Commercial and Financial Chronicle *>0 . . South 8- 62l/aC 3 7-20 . Grand 100of the Associa¬ founded in by stock purchase. Mr. Schneider reported that stock was acquired for $875,000. This Association, INVESTMENT NEWS - 10-19 11- 2 62VliC was 8-31 9-15 $1.25 A (quar.)—_ (quar.) AND GENERAL CORPORATION Payable of Rcc. . Gas Co.,.. $5 pfd. La Salle Street "Trunkline SOS Pryor, who million. The Association's President is Raymond T. recently elected as director of San Diego Imperial Corp. Prairie Savings and Loan Association, similarly, was- $47 Jloldert Whdn Per Shurc Same of Company. tion's $8,000,000.—V. 189. p. 2831. of almost lias assets 1949, ' Harrison, Inc.— Two Guys From Class ► (quar.)—— A 8-15 $1.12'/a 8-15 12'/sC $1.12 Va 7- 7-15 6-12 9-30 8-31 will —-—-— 10- 1 8- 1 7-14 tGc 7-20 6-19 Mines. Ltd RR. & Canal $2.50 10-10 9-18 15c 7-24 7-10 4(4lk preferred (quar.) ...... U. S. Radium Corp. (quar.)— U. S. Smelting Refining & Mining Co.— (quar. t 62 V:C 8- 37 V;C 8- 7-15 6-30 17 Vac 7-15 6-30 $1.50 8-15 7-24 $1.25 7-15 6" 30 30c 7-17 7- 8- 1 8- 1 7-17 8-31 8-15 7'/2C — 11-30 11-13 8- 1 7-15 11- 1 2-1-G0 7-31 1 8-15 3 el 8-15 7-31 7-27 6-23 mining leases on an additional 16,000 acres, uranium properties in the orc-rich Ambrosia Lake Sabre recently acquired all of the capital stock of 9-10 9-18 9-18 9-18 8-20 >J5c Warner ——.... 7-17 per day with production scheduled to begin —^Another ore body which is totally owned 7-15 56c 8- 1 1 7-10 8- 1 7-10 8- 1 $1 Power— preferred (quar.)—....— 7-15 6-30 8-15 G-30 7-13 G-20 Electric Common 1 l 7-15 preferred 45-; 8- 1 7-15 8- 1 32 (a c 6-30 7-31 7-16 35c 7-15 G-25 1 10- $1.25 ; • 30c 10- 1 1 $1 8- 1 ■•Based dividend Stock Co., $2 7-15 20C 8-15 8-. 5 Common 8-20 9-11 1% 811- 7-15 8-24 9-30 9-15 $1.50 7-31 7-15 $1.25 8- 1 7-15 $1.26 8- 1 7-15 $1.27 8- 1 7-15 7-15 6-30 •Wisconsin Public Service Corp. preferred (quai'.)__ $5.04 preferred (quar.i $5 preferred $5.06 WSsconsm (quar.)_,— Gas (quar.) _ 25c Southern 25c Wltco Chemical (quar.) Ltd. (quar.) Wool worth (F. W.), Ltd., ordinary (interim) 4.44(4 preferred (Wm.) Monthly 6% York Cab (quar.) $1.11 ( 1 7-15 8- 1 Gas 7-31 7-1G Transfer % Payable books not I . closed for _ this British Less Previously income 7-15 7-15 6-30 7-17 date record f Payable in was date U. S. funds, less xLess Jamaica income tax. is 7- 2 incorrect. stock, and taxes based on of compared $14,966,435 established its income, on amounted the average number of shares, to those which we have outgrown. 2,125 Safeway first 24 weeks ago.—V. 189, year San Diego of p. stores 1959 1971. in as At mid-year, our for Safeway." operation at the compared to 2,050 close of the at the same Imperial Corp.—Acquisitions- acquisition by this corporation 8-1 156 (4c 7- at source. The corrected payment here, Canadian non-residents tax. ^ and/Loan arc: South the number o£ associations owned by San Diego Bay Savings and Loan Association, Chuia Vista, Calif.; Suburban Savings and Loan Association, San Diego, Calif.; Imperial Savings and Loan Association, El Centro, Calif.; Silver State Savings and Loan Association, Denver, Colo., and American Savings and Loan Association, Dallas, Texas, First was , Savings Imperial Corp. 2 Non¬ First Loan Others the of Corpus Christi, Texas, and. Grand Prairies Savings and Association, Grand Prairie,, Texas, vwas announced June 30, by T. Franklin Schneider, President. Association, This brings to seven 8- dividend. indicated 15V> profit records. 6-26 1 9c J 30c tax. published and/or 1 25c (quar.)— ; 4- 8- 37(aC , Canadian funds, tax deductible resident tax 1551.; resident tax 75a. a 9 7-31 65c (quar.)_—_ in y a Formal (quar.) net the food company 7-20 25e (quar.)— and results These $15,304,138, 1958 when constructive one of growth a were company's time preferred of $989,331,976 of of dividends ments or additions 25c Ltd.. common., preferred (quar,)_ date 8- high new sales weeks common There • Machine- of report is Electric Co.— "Youngstcwn Steel Door (quar.). Yuba Consolidated Industries, Inc. * 8-25 Co.— County 4(2 V> 8-25 Jr.— convertbile Zelleris, 6-30 a8p — Yates-American Yellow G-30 7-15 —; Worcester County Wrlgley 7-10 1 7-15 (quar.) Wool Combing Corp. of Canada, Bonus 8- 20c 3-15 e a4p Industries Woodali Highs— for payment to $1.20 per out¬ standing during the period. Even though this average number of shares continued to increase from 12,183,482 during the first half of 1958 to 12,313,022 this year, Safeway's net earnings per share nevertheless exceeded 1958 when they amountd to $1.18 at mid-year. "Such results, of course, are good news for our stockholders," Presi¬ dent Magowan said; "but we are particularly pleased that we have been able to parallel this financial growth with similar development of our facilities and employment opportunities. Thus far, in 1959, we have opened 69 modern retail stores and two large warehouse dis¬ tribution, centers. Four more distribution centers will be completed or in tiie midst of completion by year-end by which time the number of new retail stores opened this year will have reached about 200. These new warehouse centers and retail facilities represent replace¬ preferred share Co., Power (quar.) preferred 1 of 9 8-31 - 10c —— Electric 10- 7-31 10c monthly) 10c Wisconsin outstanding.—V. 189, p. 2831. Savings and Loan Association, incorporated in Texas in 1945, by San Diego Imperial Corp. through the purchase of acquired approximately 98Y2f/b Mr. Schneider said. of its outstanding stock at a cost Total assets of First Savings are of $3,999,960, approximately 377,081 356,732 $1,075,913 $813,247 82,080 $975,825 $731,167 —30,000 ^ 4,511 —3,288 — 2,059 31,173 30,000 5,581 3,899 2,934 ...... common outstanding— preferred, series preferred, series 4.7(4' preferred, series 4.7(4; preferred, series oYs'.v preferred, series 4,160 stock-,— Shares 4'iSi'o A. B.——_ C — D — E-2-. 40,000 214,145 Common stock was split 2 for 1 on March 18, 1859 and the par value reduced from $25 to $12.50. The number of shares shown here as outstanding at May 31, 1959 has been adjusted by multiplying the actual number of $25 par value shares outstanding by two.—V. 442,262 Common " 189, 1512. p. Scotts Chemical Plant Inc.—Debentures Offered—The Co., Columbus, Ohio, on June Ohio 26 offered $1,000,000 The debentures secured sinking fund debentures. of 6% priced at par plus accrued interest, to yield 6%. offered in denominations of $500 and $1,000 to are are They Ohio investors only. PROCEEDS—The debentures have been issued to finance the pur¬ of new i nachincry ~aTid~~equ pi me n t which is part of- an over-all $3-millioh expansion program designed to double production capacity of fertilizers, add to production of pesticides and centralize shipping operations for both Scotts chemical and seed plants. chase BUSINESS—Turf Builder, Bonus, Cope, Scutl and Halts are among the plant foods and pesticides produced by the Chemical Plant which began operation in January, 1957. Little more than a year later it was operating at 140f« of designed capacity, yet was, and still is, unable to meet demand for its products. 1956 EARNINGS—From $602,588 $93J through sales 1958 nearly doubled, from net profits before taxes nearly tripled, from $1,963,828; net profits after taxes rose from $312,988 to ,373.—V. 189, p. 1394. to $22,242,000; $11,245,950 to Seaporcel Metals, A management new Inc.—Loriug Elected President— team, by headed a new Fresident, is now was recently guiding operations oi this 28-year old company, which acquired by new controlling interest. The new President B. Loring.—V. 188, p. 2688. ' Tyler Blake President of the organization his new post in New President, announced. assume Institute ■ Co.—President Resigns— Newton, Jr., of Roanoke, Va., on June 28 resigned as to accept a newly created post of Executive of the Institute of Life Insurance in New York City, relations public will is Benjamin ;4-. '-W this company Vice-President of the life insurance business. Ho York on Aug. 1, Holgar J, Johnson, America^—Debentures Sold— terminated. Curtis, and. part of the $24,000,000 offering unsold by the close of business on June 26 would be withdrawn. $20,230,000 of the IVtYo capital income sinking fund Corp. of offering of tnis corporation lias been Tho offering, underwritten by Paine, Webber, Jackson & S. D. Lunt & Co., both of New York, provided that any recent The Safeway's 1959 net profit at mid-year, after provisionsc 7-10 1 a consolidated the first 24 previous mid-year 12- 4 1-4-60 35c — (quar.) (incr. Stores 9- 4 1 for $1,169,979. 100,088 stock preferred on $1,165,819 \ — available Balance Sheraton 1,837,136 common shares on established 13, with for 10- 35c Monthly Nil half-year, reaching $1,047,943,389, President Robert A. Magowan reported July 9. Net profit for the same 24-week period/ended June 7-30 9-21 1% — $1.08 first 7-21 25c (quar.) Winn-Dixie ">8-1 18%c . — common Nil $0.21 — Reporting the highest mid-year sales and net profit in its 33-y.ear history, this company confirmed on July 9 that for the first 24 weeks of 1959 its profit after taxes was more than 2?o ahead of last year and sales were up nearly 0ct. For the first time, Safeway's sales exceeded $1 billion during the 7-10 $1.25 dividend & 2,582,307 Safeway Stores Inc.—Notes Record 7 7- (s-a)———g. Oil Co. (quar.)— — Bros. Co. (quar.)—, Williams-McWilliams Industries— Stock 112,254 508,549 409,959 share shares. preferred 7-10 7-21 10c Wilcox Wilson sink¬ (before inc. ing funds) fEarns, per com. 7-10 (quar.)! Dividends 3,004,756 $1,452,994 deductions.. income.' Net $4,170,575 $1,426,735 26,209 deductions.— etc. Interest, — revenues———— before Balance depreciation—^ and 1958 1959 $4,968,267 3,541,482 —,— income Non-operating Earnings— 31— 9-15 8- — expense operating Net 2831. revenues———-V_—— Operating > p. Shenandoah Life Insurance after requirements for 6-19 7-1-5 30c Net 9-10 $1.43% Williams 0% 3 8- 8-17 7-15 20e Chocolate Co. (name changed to Wilbur Chocolate Co.) common preferred tons 1959—Month—1958 1959—5 Mos.—1958 $10,934,087 $9,901,200 $54,243,367 $48,352,153 8,068,377 42,709,959 40,314,550 Total operating expenses 8,530,035 762,341 5.444,515 3,601,557 Net ry. oyer income— 1,104,554 Period End. May 7-15 ; 75c J15c Wilbiir-Suchard $5 600 Total operating revenue Union Stock Yards Co.'— "Wichita of excess in late July. St. Louis-San Francisco Ry,—System 7-15 a- 31(4c Wheeling & Lake Erie Ry., com. (quar.) 4% prior lien (quar.) — —> Whiting Corp. (quar.) 6-15 8- 50c Co. (qustr.) (quar.)— Inc. 7-15 in rate ot Works—Earnings— Ended M%y 31— Months 12 189, Water Jose Operating 6-16 S35c Western Union Telegfaph Westmoreland, 7-15 62 VaC — . 6-19 ^t50c (quar.) (quar.)— 6-20 6-30 90c Co. preferred 5% 6-20 7-15 $1.12 Va (quar.) —— —_■ (quar.).. — Western Grocers, Ltd., class A (quar.). $1.40 preferred (quar,).——————V. Western Insurance Securities, class A (quar.) Western Light & Telephone, common (quar.) Sfo preferred (quar.i — 5.205(5 preferred (quar.) WesternvPacific'' Rlti (quar.^)T— Western Plywood Co. Ltd., class B (quar.)— Western Precipitation Corp. (quar.)—_ Western Tablet & Stationery Corp.— preferred 4Vn% Western 7-15 produce to possible existence ' $1.05 —— designed of several additional ore bodies," he said. The new mines, Black Jack I and II, are located 55 miles northwest, of the Grants, N. M. uranium ore milling plants which have a com¬ bined daily capacity of 10,000 tons.—V. 138, p. 2355. ' $1.02 Va (quar.) 4.20'4 "preferred u 7-10 2(4 26 (4c is mine 12 immediate for 7-10 8- Section by Lance is also scheduled development," Mr. Melancon said. "We have a sub¬ stantial tonnage of ore already blocked out on Section IB and work on a mine which is designed to produce 300 tons per day has started. The mine collar has been poured and the headframe has been com¬ pleted. This puts us in a good position to start producing from our second mine early in September. "Under our continuing exploration program, we have discovered a third ore body and we have had mineralized holes indicating the 3 7-6 $1.25 $1.06(4 Penn 4.10% 7- 7-15 40c ^Washington Gas Light, common (quar.)—. $5 preferred (quar.)..— ——— $4.25 preferred (quar.) .....——$4.60 preferred (initial quar.)——— Waste King Corp., com. (stock divid.)— 6(4conv. preferred C (quar.)— West 5 8- _ (quar.)———_ Co. "The 30c (qtiar.)„— Company Bros. 6-22 25c Pictures (quar.) Bros. Warren 7-15 7-15 , . dividend rate increase from a current annual had been announced by four other member Texas.-r~V. San of 7-17 >3 5 c Warner interest region," the Black Jack '8-14 Corp., which owned the leases, and transferred them to Lance Corp., 8-26 which was formed as a wholly-owned operating facility to develop 8-26 known ore bodies and continue explqratior. fowfutureweseryes. Sabrc's. 8-26 subsidiary Lance will continue as sole operator of the joint venture. 8-26 Under the agreement, Homestake will assume their 25 "? proportional share of the expense of surface facilities and other installations and 7-24 work necessary to put the Section 12 mine into production, Paul Melancon, in charge oUdeveloping the Lance properties, -said, 6-22%: 1 1 9-15 25c Walker & Co., common (quar,)—:...—_ Walker''(Hiram)-Gooderham & Worts, Ltd.-— its Lance subsidiary gi ves bot h companies the Sabre companies' County, control the largest single block 8-14 9- ' position. "The agreement," Mr, Bokum said, "gives Homestake a 255a on 1,230 acres in sections 11 ai.d 12, T15N, R13W, McKinley N. M. Babre, through its subsidiary, continues to fully own and 7-:VL 8- to 4% Prairie, cash 3 7-15 8-15 $1.12 Va 125c ——,——— on D. Bokuin II, President of Sabre and the transaction which involved $1,350,000 substantial new uranium reserves, and improves 25c $1.25 Virginia Coal & Iron Co. (quar.)——— 15c Virginian. Railway, 6# preferred (qimr,)„_ IV; Volunteer Natural' Gas (stock dividend) —— 12V»c Vulcan Materials, common (quar.)—_ 20c 55» preferred (quar.i ... — > $1.43% 5%V preferred (quar,) $1.56(4 •0% 5o preferred (quar.) ... tics. wholly-owned subsidiary, a Richard 7-15 7- Corp., said $1 25 Corp. of America, com. (quar.)-. 4Vaty conv. pfd. (initial-quar.) —.—........... two 8-13 1 July 1 announced that Homestake Mining Co. had purchased a 25c,v working interest in sections of their McKinley County, N» M. uranium mining prop¬ .the a 7-10 8- 25c • , associations of the San Diego Imperial groun, They are Silver State Savings and Lean Association, Denver, Colo.; American Savings and Loan Associa¬ tion, Dallas, Texas; First Savings and Loan Association, Corpus Christi, Texas; and Grand Prairie Savings and Loan Association, Grand 2x/z','o * 7-17 9- ' $1.37 (a Vanadium Ventures, Ltd.—.—.u 7- 3 9- 75c . prior pref, (quar.)..——, Van Camp Sea Food Co. (quar.)—— Van Sclver (J. B.), 5% class A pfd. (quar.) 1. 8- 6% $5.5$ Inc. -Unit Sells Ore Reserves- Sabre-Pinon Corp. La nco 7-8 8-14 16c ■„ 1 8- 50c (quar. )......_> was 7-15 8- 50c Company (quar.)—— Utility Appliance Corp.. com. (stock div.).._ ^ * of Capital Lease Corp. by Ryder Truck Rental, announced on July 6. negotiated by Walston & Co., it was announct purchase The 1-15 7'aC Inc.—Purchase of Capital Lease Corp.— 10-15 87J/aC 87J/2c Upjohn Beach, Ryder Truck Rental, 7-10 35c 7',ac —____— Valley Mould & Iron Corp., coin. the respective associations. _ . Roney said the increased rate will be paid by Suburban Savings Association, San Diego; South Bay Savings & Loan Associa¬ Chttla Vista; and Imperial Savings and Loan Association, El Mr. 6 $1.18 (initial quar.) Leaf Tobacco (quar.)— Universal 6-22 7-15 17V>e com. new 6-19 07 V;C. 87 Vac .. 1 —v ——, (quar.) (quar.) (quar.) preferred preferred vinyl-asbestos, asphalt and rubber tile and allied products with located at Newburgh, N. Y., Joliet, 111., Houston, Texas, and Calif. Included in the proposed transaction is Mastic Tile's interest in Cumberland Chemical Corp., formed last September and jointly oivned by Mastic Tile and Air Reduction Co., Inc., which is.constructing a plant at Calvert City, Ky„ adjacent to other facilities of Air Reduction, lor the production of various vinyl resins for use by Mastic Tile. When the acquisition is consummated, Mr. O'Leary reported, Mastic Tile will he operated as a division of The Rubcroid Co.—V. 190, p. 54. vinyl, Long 8-14 7-26 10c (quar.) $3.50 preferred Universal Controls, 9- $1,12 V- Stockyards Corp., common (quar.) convertible 'preferred (quar.)—, United Stores Corp., $6 ofd. (quar.).. United Telephone (Kansas) 5(/o pfd. (quar.) United Wallpaper com. (increased annually) 4%# class A preferred (quar,). 5(6" class B preferred (s-a) United Whelan Corp., common (quar.)....... $3.50 3 plants 70s $3.50 Hachmeister to manufacture floor tile for residential, commercial and industrial use, and today is one of the country's largest producers of 3 7- 1 United Common 7- 1 Tile agreement acquire the net assets and business of The Mastic Corp. through the exchange of Rubcroid capital stock. A final will be submitted for approval to the board of directors and stock¬ holders of each company at an early date. Mastic Tile was founded in 1945 by Morris Milstein and Harry A. 8-31 25C & preferred 8 $1.06 >/4 (quar.) Publishers (quar.) United Shoe Machinery Corp., com. (quar.)... Q.% preferred (quar.)— —-a, <7. B. Borax <fc Chemical Corp.— 7(4 7-15 60c — . at meetings, of the of "directors of Earlier,-a O'Leary, was made on June 30 by E. J. Chairman and President of The Rubyroid Co.» and Seymour Milstein, President of The Mastic Tile Corp. of America, that a memorandum of intent has been signed by the two companies whereby Kuberoid announcement joint A 8-14 '• V Vice-President, sakl the boards Roiicy,' If. George San Diego Imperial decision to announce the increase was made Centro. Acquisition— Kuberoid Co.—Proposed 9-14 Jersey New 7-10 7-10 88- of the ,in me annual and Loan rate tion, 1 1 $1 United Gas Improvement, common——4Vi'/o preferred (quar.) — United-Greenfield Corp. (quar.)— Printers 3 7-10 5()C 4(4(4 preferred (quar.) United Fruit Co. (quar.) United Keno Hill 8-10 $1 preferred series 1955 (quar.) 45b preferred series 1956 (quar.) United Airlines,1.Inc. (quar.)..-:.-..... United Biscuit Co. of America— 7- 8- 25c 4<4 United 410. 7-20 1 28c United Aircraft Corp.— United Ltd.—Secondary Offering—A second¬ ary offering of 35,000 shares of common stock was made on June 30 by Baehe & Qo. at $8 1/16 per share, with a dealer's concession of 45 cents per share. This offering Was oversubscribed and the books closed-—V. 183, p. 7-20 , Diego Imperial group, on July 1 of earnings to be paid on savings of 4i( 1 t>0 4 i/> CW'" ••• V San Hoyalitc Oil Co., 7-20 8-15 $1 associations, all members announced an increase accounts from a current savings and loan California Three Dividends— Associations Increase Savings and Loan (Continued from page 11) ' 1 JZ-20 8-15„ 92I/L>C (quar.)—. Ltd., com. (quar.) (California)— Co. ' 7-15 7- 87»,i.c — preferred Oil 7-30 7-15 — Union Gas Co. of Canada, Union 7-10 $1 23c Bagley $4.50 *7-20 13 i,ac —-— Corp.. (annual) Udylite Corp. Union Electric Co.— $3.50 preferred (quar.) .. $3.70(£> preferred (quar.) $4 preferred (quar./..— £20 — 13, 1959 Monday, July . (198) public debentures, accordingly, were sold.—V: 190, p. 94. Sicgler Corp.—Awarded The U. S. Army Contract— Army's Redstone Arsenal at Huntsville, Ala., has awarded contract for the installation of dosed circuit TV equipment to this corporation's Hallamore Electronics division, according to John G. Brooks, President. Seven new camera installations ere included in the contract for use in missile engine static tests. Brooks pointed out that location of these units requires cameras produced by Hallamore that are specially a designed known to successfully withstand sound shock waves of the highest volume level of 150 decibels. Hallamore dosed circuit TV equipment is currently in use at many important missile sites and the company has become a major supplier of this equipment to the military, Mr. Brooks said.—V. The 189, p. 88. Siemens & Halske Securities and Aktiengesellschaft—Registers With Exchange Commission— York filed a registration state¬ covering American Depositary of Siemens & Halske Aktiengesell¬ Morgan Guaranty^ Trust Co. of Newr with the SEC on July 8. 1959, ment Receipts for 50,000 bearer shares schaft, a German corporation. Sisters of Mercy, of Oregon, Portland, Ore. (An Oregon Corp. of Roman Catholic Sisters of Sisters of Mercy of the Union in the United States, Province of Omaha, Ziegler & Co. of $800,000 of 4^4%, serial notes at dated April 1, 1959, and mature semi-annually from Oct. 1, 1960 to April 1, 1966: thereafter the notes mature quarterly to April 1, 1979. The bonds are being offered in denomina¬ tions of 310,000, $5,000, $1,000 and $500. The First Na¬ tional Bank of West Bend, Wis., is the corporate trustee. These notes are legal for trust funds in Wisconsin in the opinion of counsel for the underwriter. The notes may not be redeemed with borrowed funds prior to April 1, 1964, but may 'be redeemed at 100^ and accrued interest after April 1, 1964; these notes may be redeemed with unborrowed funds at 102Ye Omaha, Neb.—Notes Offered—B. C. West Bend, Wis., on April 28 offered 4U%, 4%%, 5% and 5^8% first mortgage 100% and accrued interest. The notes are and accrued interest accrued interest after or prior to April 1, 1964. on April 1, 1964 ,and at 100(4 anci Volume 190 Number 5863 . . The Commercial . and Financial Chronicle (199) The first mortgage serial notes, when issued, in the opinion of counsel for the corporation, will be the valid and binding obligations of the corporation, and will be secured by a closed first mortgage lien on the land, buildings, fixed and movable ■ equipment constituting property of Sisters of Mercy situated in Portland, Ore., and known as Mt; St. Joseph's "Residence. .V-.'. : ' mortgage note sold to The American Baptist Home Society is secured by a mortgage on the land and building of SoundScriber, located at North Haven, Conn. The note Mission basis Nursing Home and for HOme the Aged. retail together be purchased under may Skil with 16,129 shares the of plan.—V. Oil 187, July the Nordon Die Casting Co.. will operate as a wholly "owned subsidiary of announced by Bolton Sullivan, Chairman of the -Nordon is supplied tools. Skil It is with bid for the Skinner J. that aluminum- of castings expected "castings Nordon to manufacturer a for the certain balance of the Co., Skil Skil Corp., of portable was has business.—V. 189. ' LeGranci Skinner, President, on June 25 announced;the purchase this "company of the Power Equipment and Process Machinery ft visions of the Troy Engine & Machine Co., Troy,.Pa. Skinner Co.. manufacturers parts and engines, Steam Engine exclusive suppliers of Engines, for Elliott tRidgeway), Chuse, and Ames steam of Banbury Bodies for the rubber industry, supplier-of all new equipment, together with parts rebuilders exclusive ancL>serviee for Machine <fc "Unaflow" service and became of products formerly manufactured by the Troy Engine these 189, payable thereafter amount in month per of on 1969, due June 1, 1984, that were offered for subscription by common stockholders, a total of $15,018,300 principal in the on amount until and assigned $275,000 contingent is an liabilities details, (A. E.) This $22,903,476 $20,464,701 17.929.397 15,677,512 $4,787,249 $11,418,455 19.199 114,947 1,719.225 • „ Pfd. income—.— stock $3,309,919 * On $8,017,904 834,255 $3,388,969 $7,183,649 $0.83 4.066,627 C. shares $1.77 $1.72 of $7,826,389 in of the December, Co. 1959."—V. sale 188, of in the acquired line include Troy'engines, TroyEngberg engines, American Blower engines, Whitin engines, Erie Ball engines and Troy Processing Equipment. Mr. Skinner Co.will be for the for existing eive all re said terms of purchase,' Skinner Engine engineering data, patterns; jigs; and fixtures Troy steam; engines, as well as. repair parts In addition, the Skinner Engine Co. will" also all The new engines. research, development, experimental and engineering specifi¬ cations,, and Pressure under "the that furnished production of will be Power Units Process furnishes appointed exclusive (Expanded Equipment licensee for with approximately $8,000,000 of Gicssj, income after Net by Skinner Engine Co. As C.) Smith Oil Tool William R. Staats & publicly offered $9.75 per share. scribed and Co.—Capital Stock Offered— Co. and 110,000 books firm of William R. Staats & Co., Bateman, Crowell, —V. Additional bonds 1959 Balance 7.7. 3,744,790 2,858,744 527,417 Common 412,296 $2,420,122 —V. . shares outstanding end oi' share per common 188. $2,446,448 99(i,^T" period. .. . Hill 16,500 Lester, Co..8,800 Co.. Southern Nevada Power 12 Month, Ended 1959 Other income Wagensellcr ihpome .7—71— Income deductions ... 7. Ju Cb.„ & & Ba lance 8,800 _._ Durst,: Inc. . : 6,600 the •Soundscriber Stockholders Corp. ...;• v Common . -..... $915,373 42,078 68,388 $1,123,085 outstanding—average—...—— outstanding—average- shares share per "Based- on period.—V. on 190, common number average common 622,902 $1.77 shares $1.36 outstanding 94. p. asset during to Common The company is offering to holders of record at the close of business on — its share¬ July 2, 1959, subscription warrants evidencing the right to subscribe to its common stock (par $4) at the price of $14 per share, at the rate of one share for each three transferable shares of common stock so held of record, and granting privilege to subscribe for shares of additional stock the not to subscribed for the exercise of rights, subject being offered hereunder will where the offering has not been qualified or ex¬ allotment. states upon The stock empt under the laws of such states. Shareholders resid¬ This are such will shareholders. (EDST) The be APPLICATION OF ratably among will expire at 4 p.m. warrants July 29, 1959. on distributed of PROCEEDS stock common being the tion of g is ment 1959. year line pew expected Of of to said office be dictating equipment, introduced some* time which line of equip¬ prior to the end of the $600,000, approximately $250,000 will be allocated to tooling costs, $100,000 to engineering. costs and -SMO,000 will be used for the production of inventory prior to the*, introduction of said line; (b) $162,500 plus interest in payment of. 77 installment note payable; »c» $275,000 plus interest in payment of outstanding indebted¬ to ness the Grace National Bank interest in payment of notes if will any, of be used operating and New York; and (d) $500,000 plus tei the balance, payable to Atwell & Co.; for general expenses of corporate purposes, general working Connecticut April on SoundScriber 1940. organized was 15, 1940 its and and the 185, State Qf steel owned the ties corporation has engaged in research development activi¬ governmental agencies. The other for corporations-and certain corporation is engaged presently in producing an electronic device for use by a manuacturer of telephone equipment and has a contract with the motors. • 1959 ing contracts These there material. remained The equipment tion disc are to field for and recorder " < / CAPITALIZATION - ($4 a been was of fractional horsepower and^ ak of May 1. total, df $101,330 delivered has approximately $57,900 worth of pioneer in the electronic dictat¬ a the among first producers of electronic first produc¬ < , EFFECT. .TO '. . :• marketed in / FINANCING and first it '" /';• * Not including 15,900 issuance on "exercise of 10.417 t 57 the On April converted were $4 par holders share for the Outstanding r~ by ?5O5,0I6 shs. the for issuance due June holders These common $12 $4 par thereof into s'ock principal of amount of said shares notes. of of "the to Seven give better hundred steel built at i be fifty a Bessemer, Co. Deliveries mid-December. in the of the total of Ala., facturing these these on will be the of plant will start a he cars, said, rate \ of . will handling of bulk will cars be cars are begin in October and at 1 the rate of will par, shares stock special meeting of stockholders will held be cars at 14th and Canal Sts., Richmond, company. (ESTi noon to and 57 by one Farnham after June 10, consider to and authorize completed approximately Passaic, and N. J. deliveries weekly.- the principal office July 21, 1959. acquisition by the Va., the 1959,v at .2:30 p. m. has bean fixed determination meeting.—V. 189, the of on stockholders entitled as the to vote record at date the .special and are On the Stock Machine Co., farm equipment division of Sperry announcing said the purchase,1 George transaction the Farmv.ay's Delp in sc.id tlu- firm equipment. barn States, major tlie field vhich will C. include prodifts purchase of is farmstead manufactures Delp, President oi New the company's factory at automatic barn cleaners are of part New mechanization. elevators Holland's plan It by and follows to nine Lancaster County. and'other ■•••'•'« cleaner Canada crop handling • and silo unloader Mexico.—V. 189, arc p. sold throughout the United 2937. 6,000 1,399 ____ 19 95.60 None $27.68 $20.00 for issuance at 1961, stock. common upon 1, Jan. conversion the in October, and shares of $3 per originally issued three insurance which the company Pursuant thereto, plan. cancelled and preferred preferred of and agreement $54,700,000 the the price was banks refinancing companies aggregating 165,000 20 to exchange with insurance them 1958, The 5,500,000 of conversion indebtedness the of accepted in exchange (2) 5% secured notes and The largest blocks acquired by Metropolitan Insurance Company and The Prudential Insurance Co. of America. preferred stockholders now consist of the two named insurance companies and nine banks as well as persons to whom shares of the Life The preferred were heretofore transferred by certain of insurance company to whom such securities were the one and , they dealers, include five are 29 other foreign company directors. The filing was made in order preferred the preferred and/or the preferred stockholders, 550 shares of shareholders the of persons, investment the who common will whom bankers to eight and provide banks and originally issued; brokers are dealers, and prospectus a and two for are use may wish to offer or sell shares stock. Bear, Stearns & Co., one initially offer for preferred stock owned by it. at 120, p. 95. sale to the by oV of pnblie price to be supplied a by amendment.—V. — common Food William II. Services, Inc.—Acquisition— Tegtmeyer, company has acquired of the preferred stock preferred shares was stock at $46 per share until President, the all of F. N. June on 30 stock common The Johnson subsequently completed announced and all Co. Purchase and but a that few of the shares the last the Johnson corpora¬ be liquidated, and its assets will be merged into Super Food Inc., as of Aug. 31, 19,39. third quarter report shows pro-forma annual sales of $38,400,000 for the year ended May 31. 1959, a 20',$> increase over annual sales of $31,90C,000 at Aug. 31, 1958. Sales volume in Mav and Juno con¬ tion will Services, The tinued for the the to increase week history projected at the over ended of the June $40,000,000 Supercrctc months same 20 were Johnson preceding year.—V. 189, at Aug. m 31, for preceding the Sales year. highest week Annual 1959, 2181. p. the $873,000 company. a pro-forma sales 25'/o increase o-ver in are the • Ltd.—Registers With SEC— This company, located at St. Bouiface, Manitoba, Canada, filed a rcgistiation statement with the SEC on July 2, 1959, seeking registra¬ tion cf 300,000 shares of its common stock, of this stock, the com¬ pany proposes to offer 200,000 shares for public sale; and the remain¬ ing 100.000 shares, constituting outstanding stock, are to be offered for sale by (he present holders thereof. The public offering price and underwriting terms are to be supplied by amendment. Straus, Blosscr <fc McDov ill is listqd as the principal underwriter. The company and its subsidiaries manufacture and distribution of materials. other are engaged rcadymix It has now outstanding 650,247 principally concrete and common shares securities). in the building (along with other Net proceeds of its sale of the 200,000 shares will be used principally of bank loans and for other working capital needs. The were incurred in connection with the expansion of the company's business and the increased v/orking capital needs arising in reduction bank loans therefrom. ■ The company's which peg, . principal stockholder owns 238,500 shares Company officials stock. shares.—V. Apexx own Control 185, p. of about and -s Apexx Control Ltd., of Winni¬ the outstanding stock, or about 757- three of the outstanding individuals propose to Apexx sell the 2495. Taft Broadcasting: Co.—Common Stock Offered— Ripley & Co., Incorporated, heads an under¬ writing group which on July 8 offered 483,322 shares of common stock at a price of $15 per share. This is the first public offering of stock of the company, which owns Harriman and operates television broadcast stations. stations and FM radio stations in both and Birmingham, Ala.; June 1, AM operates a TV and AM station in Colum¬ the books and AM-FM business was broadcasting facilities heavily oversubscribed closed. BUSINESS—Company the Taft company TV Knoxville, Tenn. Offering and radio Cincinnati, Ohio, bus, Ohio, and a TV station in Lexington, Ky. Broadcasting also holds a 30% interest in a which Rights Offering Completed — Of the the $15,417,500 of 5% subordinated debentures convert¬ into $120,000 340,649 share after company company to therefor (1) in Spiegel, Inc. ible 1958 $9,428,636 Rand ' Manawa. cents million Fund, Inc.—Assets Up— 5,500,000 shares of $1 par 100.000 Manawa, Holland, the pass , stocks per Control conchut'ng negotiations for the purchase of the Fwmway Wis., pioneer manufacturer of silo unloadcvs and bun; is Corp., 13 or on total a 1959 reserved and banks 36.77 u. . Sperry Rand Corp.—Subsidiary to ExpandHolland to (taking the preferred at $100 per share). According to the prospectus, the preferred stock the for 2832. p. '. New $185,225 taxes, outstanding—— companies pursuant to an entered into in connection be Manu¬ company of all of the outstanding 80,000 shares of common stock of Interstate Railroad Co. in exchange for 275,000 shares of the com¬ pany's .common stock, the latter stock to be either out of the shares authorized and previously unissued, or out of shares previously issued and outstanding," but purchased by the company and held in its treasury, either now or hereafter. the with to 1958. profit, time share aluminum- be movement 40 the materials. composite approximately $15,000,000, of Pullman-Standard Car being built for cement Sept. enable Special Meeting Called to Ratify Stock Acquisition— expand common converted alloy this The remaining 490 cars are covered hoppers, to cost $10,309,000, and will be built by the Magor Car Corp., Some of steel lime. of Pa„ of of of The capacity and the rolling stock," and added that the of service and costing gondolas, the tons. more worthwhile break-through corrosion-resistant materials in car con¬ light-weight The high capacity struction." aluminum- undercarriages or will bulk first composite and 100 capacity, handling are new of months, the purchase of Smoker Farm Elevators, Inc., conversion may SoundScriber at 100-ton the cars of use railroad in be aluminum capacity large older for aluminum railroad "expected, that this, wil) constitute the The 47,918 of for the was in of options stock notes also built said will cars bodies carrying a ears, DeButts Mr. 1..1963. outstanding 35 1,205 with have reserved' for value, upon will and silo' unloaders. promissory notes, .due June 1. 19G3—authorized 22, 1959, $575,000 principal amount of tlmse notes value. into each shares, employe?*'restricted reserved promissory notes, convertible $700,000. stock. shares common convertible common order. being are Mr. In promissory - notes,* due .June 1, 1963LL-**. $125,000 1167 mortgage note, dated Aug. 7, 1S58:. A280.000 tContingent liabilities- -.-.—275.000 net Increased were compared quarter of first 1959 1972. p. Super . convertible stock outstanding outstanding June 30, 1958. of corporation filed a registration statement with the SEC on 1959, covering 165,000 shares of 05 convertible preferred stock, 1, $100 $25,309,000 Freight Car Order cleaners. PRESENT pari__v—'.1— total remaining Co.. ' , GIVING .7,7..,'., § Common" stock' ±5', production dictating and transcribing use. Its and ■'<■ transcribing, machines - were office November.- 1940. jfor be corporation equipment the for manufacturer same solu¬ placed orders for 1,240 new roller-bearing gondola hopper freight cars to cost a total of $25,309,000, it was July 6 by Harry A. DeButts, President. and 12 and share Studebaker-Paekard Corp.—Registers With SEC— has construction, the subsidiaries sell and service electronic dictating, recording, and transcribing equip¬ ment, and accessories and parts used qyith this- equipment.- In addi¬ tion. the share compared . system announced at July fertilizer covered of on 981. Southern Railway—Places of operations Co.. p. The 1, manufacture', commenced wholly the iV — V. including payment laws-of a 136,400 outstanding 1,250,000 shares (alongWith certain indebtedness). The prospectus lists selling stockholders, including certain universities, colleges and other institutions, who now hold an aggregate of 936,400 shares. The largest blocks of stock are being offered for sale by The First Boston Corp., 25,000 shares; John R. Riley President, 21,000; Malcolm Smith, Board Chairman, 17,000; and George V. Taylor, Vice-President, 10 000 capital. under filed common A BUSINESS—Company 246, Savannah, Ga,, July 8, 1959, covering 37 No underwriting is involved. -The net proceeds from the sale'of offered, estimated at $1,718,198, if all shares being, offered are sold, are to Fe Applied To the extent thereof in tlie following order of priority; fal approximately $600,000 Tot costs inctirred and to be incurred in connection with the introduc¬ shares on company produces anhydrous ammonia, nitrogen tions, urea, and prilled ammonium nitrate. It has steel, pro¬ sales Box The ceeds such is SEC oi common stock, to be offered for public sale by thereof through an underwriting group headed by Harriman Inc. The public offering price and underwriting terms tc be supplied by amendment. received, be sold for their account • by the subscription agent (Grace National Bank of New York, 7-Hanover Square, New York 15, N. Y.) and the net of the the holders and are address outstanding shares Ripley ing in these states will be advised that the warrants attributable to their shares will, unless contrary instruc¬ tions company,\ whose registration statement with lines. Staley common evidencing indebtedness aggregating $16,500,000. of the preferred, 30,165 shares each, were Southern Nitrogen Co., Inc.—Registers With SEC— • ■ of quarter year's & value 189, This by 674.473 stoc.i_7_-_„_. of shares July $846,985 6,250 - "Earnings 766,152 $1,235,163 •i._ * common shares of Net 12,440 • *> 4. Offering Rights — •./, ! .. second the lloe . ./ second cents' per this for shares 1,250,464 shares the 15 expect mark 1,504,797 of shareholders Percent in common $1,681,525 788,311 requirements. 7—...: product $1,669,085 $2,023,474 ..... Y._7_ for Preferred 7. . 1958 13,948 — . income No. 6,144,798 $2,009,526 —7 —. Preferred dividend Co/^^r;.~ 8,800 Co.„w:77Ul—7,700 & Gross : its Up^ .-.Total net assotS— -V. Utility operating income.—, diversify autonomous unit of the $389,461 or 30 cents per share for the same six despite an increase in the number of shares outstand¬ and or No. $7,813,883 7__6,478,462 ... . . Co.—Earnings Increased— May 31— Operating revenues g—— -d—$8,487,988 Operating expenses and taxes severally respective Ryons ^ Morgan 8,800 __ Richards an As of June 30- Net have to and as per of for share in Stein $2.46 • >••• ■ below to operate 2937. (196,363 $2.43 ... 1274. p. several in the company's history," Mr. Silbert "Volume of sales financed and net profits is seasonally greater the last quarter of the year," he said. Standard Financial conducts its nationwide financing and factoring operations through offices in New York, Chicago, Los Angeles, Pitts¬ burgh, Philadelphia, Dallas, and Elmira, N. Y. It is a diversified finance company furnishing working capital for industrial and com-'" mqrcial clients, and is also engaged in factoring and commercial instal¬ ment banking.—V. 189, p. 2725. $19,790,544 ___ past during 3,834.847 2,947,539 — interest, etcpreferred stock-a of the said. 1958 $20,350,233 taxes, etc. alter on for corporation were 1959 $236,281 per ' issues, June 24 on 30, Earnings of Co.—Earnings— financing de¬ 7 ■■ named 44,000 Inc. & 6 purchase from the company the stock set forth below: .Co...-.'J 94. ' p. ' underwriters capital Eichler & Weedon 190, The — July associates late closed. commitment to of .-harts Wul&ton and ~ ~ UNDERWRITERS number Electric of tails :follo\yi._ a 29 capital stock (no par) at offering was heavily oversub¬ This the June our There June Troy previously noted in made & - Angular mixers, roller mills, colloid mills and power unit—blenders to the printing ink, paint, pharmaceutical, and chemical processing equipment industries. (II. income Dividends Earnings acquired Gas this earnings ing. dollar 12 Months Ended May 31— of Staley's; research, development S p. Financial Corp.—Net of months last year 1560. p. Gross revenue—77.:.7.._ Troy Differential- Enginest. Division Southern Indiana Corp. obligations all of ."We newly Chemical assumed reached a record high for the first 1959, Theodora H. Silbert, President, announced on July 9." Earnings, after taxes, were $510,083 or 33 cents ,• Products U B 189, Standard common proposed chemical for are Earnings half McMeekin, proceeds UBS prior a polymer Flaps '"stock at May 31,1959. -V "7 President, on June 22 said in nart: "New money requirements in connection with the 1959 construction program are being provided through the medium of temporary bank loans. It is contemplated that such loans wili.be repaid from the S. of company,— V. $6,982,343 $0.73 and to 844,046 $2,963,141 „ the time same common and 2,854,605 350,961 346,773 acquired the by company representatives agreement. Staley delivered to UBS 102,376 stock. These shares will be distributed to U B S stockholders on the basis of one share of Staley common for each I'M shares of common stock of U B S. Y ; The Staley company is acquiring U B S to aid $10,604,263 $2,739,930 dividends- Balance of net income 'Earns, per com. share 30 at has been under negotiation transfers were made on June 30 according $10,680,994 deductions,.— and. shares 76,731 $4,806,448 $11,533,402 1,066,518 3,515,498 $5,029,144 June on Mass., acquisition weeks 2724. p. i The 37,029,040 55,065 company Cambridge, $47,633,303 $4,974,079 income— Net $52,543,851 41,125,396 V. 189, see Staley Manufacturing Co.—Acquisition— UBS. 1959—12 Mos.—1958 taxes & subscribed for by holders of the warrants, remaining $399,200 principal amount were pur¬ were the chased by the underwriters headed by Wertheim & Co. and sold at 108%% per debenture, plus accrued interest, from June 22, 1959. For 2397. p. 1959—5 Mos.—1958 - Income 2937. p. and SoundScriber of The authorized.—V. arc of casting liability contracts. average increase $12,000 per month, incomeincome;., Gross electric Erie, Pa.—Acquisition— 1962 revenues—1_ expenses Other supply of these specific other suppliers- will continue and 7, an Operating . Board. and sales upon shares Operating Oper. • castings contingent payment based Aug. including interest, of $2,983 Period End. May 31— ^ it payments, to South Carolina 'Maywood. 111., zinc $2,500 Electric & Gas Co. (& Subs.)—Reports Smaller Net—Plans Sale of Bonds in December— for stock Inc., models rate current will be maintained, Engine and Plan 2007. p. 1, July 8, on common Corp.—Buys Die Casting Firm—• Effective time S 750,000 Skelly of reflects^ the approximately Skelly Oil Co.—Registers With SEC— which level estimate of This company filed a registration statement with the SEC 1950, covering $1,000,000 of Participations in the Thrift Employees, of * This ' ; installments maturity. . a is monthly The net proceeds are to be used to pay, in part, for constructing a hew ?&-bed nursing unit, chapel, convent, laundry and related facilities, costing an estimated SI,112,507 at Mt. St. Joseph's Residence, Portland, Ore., 51 11 This "6# operated was by formed Radio last month Cincinnati, to acquire by merger Incorporated and its sub- Chronicle The Commercial and Financial ... Monday, July 13, 1959 . (200> 52 the net proceeds from the sale will be received of selling stockholders, who, following the sale, will con7. Suite to own 66%'i of the 1,440.972 outstanding shares The of the selling stockholders are members of the Taft and families, all of whom are descendants of, or related to, the late Charles P. Taft, founder*of the former Cincinnati Times Star Co. majority Ingalls quarterly DIVIDEND—Directors of the company have declared a of 10 cents per share on the common stock, payable bept. i, to stockholders of record Aug. 17 A stock dividend on March 1, 1900 in the ratio of one additional share for each 40 ulumj held of record on Feb. 15, 1900. Directors have expressed their intention, over the next several years, to supplement cash dividend will be paid 1959 with dividends -Net EARNINGS equal to 78 cents per share, or 12 cents per share, in " CAPITALIZATION AS OF JULY 2, 1959 to $1,137,000, net earnings $1,039,000, and $7,873,000 fiscal year. notes f due Notts •The - -- ($1 stock Common value• pur Outstanding $1,230,000 2,000.000 ■ , ^ *2,50.0,000 shs. - ■ Atr , „ 1,449,972 shs. - ■ of 17 per annum prime bank rate but at not less than 47 or more than 57, notes the dbove (due 1959-1962t 1959-1903». stock: ■Capital comnared with the preceding Authorized $1,230,000 2,000,000 debt • •Funded Uailk of Radio Cincinnati and subsidiaries for 31. 1959 amounted to $8,973,000 and pro forma revenue ended March the year • annual stock dividend. an the of bear interest company of the bank notes, outstanding in the amount of bears interest at 5'1 per annum. 550,000 of such chares are reserved, for issuance under the company's stock option lirid stock bonus plan. lor except severally Cigrtod to purchase from each selling stockholder that number oi chares of common stock which bears the same ratio to the number of shares set opposite the name of such underwriter below as the number of sjhares. to be sold by such selling stockholder, respectively, UNDERWRITERS — Shares Shares W. Baird 4,500 2,500 5,500 4,500 .....I Blair Inc.'-.— Co. Blair William Co. Eicliler & Ac Mason-Hagan, A. As Co., Inc. Co-. As .. . Ac Co Hi Sons Bradford Brown Alex, McDonnell Hi Co. Inc.—. McKelvy As Co... — The Milwaukee Co.— Moore, Leonard & Lynch. Pacific Northwest Co 2,500 3,000 2,500 Prescott, Shepard & Co., B. Hilliard Hutton E. John Joyce B. Son„„ A: — Co Ac Co Ac Saunders, Stiver Ac Co.— Sclnvabacher Ac Co Sliuman, Agnew Ac Co—.1 Singer, Deane Ac Scribner William R. Staats Ac Co.„_ Stein Bros, A: Boyce Sterne, Agee Ac Leach Stone Ac Webster Securities 189, p. — 2.500 8,000 15,000 2,000 a 3,000 4,500 8,000 2,500 4,500 4,500 3,000 189, of outstanding short-term credit agreement, the proceeds which of of such from the sale of these shares will be used improvements to the company's principal build¬ Burlington, Mass. during 1959 and 1960. The company also plans to invest $150,000 in Chemtrol and $150,000 in Power Sources for additional equipment and working capital. The balance will be used for general corporate purposes. principal stockholders are American Inc. and The Western Union Tele¬ 1951 the company has performed research in a variety, of technical fields under contracts with the United States Government and commercial organizations. The company also manufactures radiographic isotope equipment and, through subsidiaries, is engaged in the manufacture of transistorized power supplies and the processing of Kodachrome color film.. The balance will be used as. working capital. Outstanding capitalization of the firm, upon completion of the present financing, will consist of $289,725 of a .57 real estate mort¬ gage note due 1973 and 454,475 shares of common stock.—V. 189, BUSINESS—'The graph Co. company's two GIVING CAPITALIZATION — . — EFFECT — . . TO stock * Includes (without par FINANCING Authorized real estate mortgage note due 1973 57 Common PRESENT value)— . *1 000,000 shs. Outstanding $289,725 454,475 slis. 226,229 common shares reserved for issue against UNDERWRITERS—The underwriters below named have options. severally agreed to purchase from the company the respective numbers of shares of common stock of the company set forth below, if any are purchased: Shares Beak 13,000 Stearns Sc Co.; Carl Co. Stone A: Co— M. Loeb, Rlioades 9.00U Hayden, Dempsey-Tegeler Ac offering closed.—V. & Aj —V. Co— Irving J. Rice Ac Co. Inc—_ 5,000 7,000 Stein Eros. Ac Boyce 5,000 oversubscribed and the books 2613. 189, p. located has Inc., shares an company. of which an additional or "39.15$/. 55.000 shares. 21 selling stockholders who own an aggregate ot 760,000 shares. The largest blocks arc being sold by Townsend Investment Company (50,000 shares). Irving Florsheim (25,000), William H. Ccoley, Fresident. Elizabeth W. Hinman, Executive u/w of Sturtevant Hinman. Mervyn LeRoy, and Robert D. Michels, a di¬ rector (20,000 shares each •. ' The prospectus lists was one of management of company, active the in $2,000,000 for lease acquisition, special negotiations.—V, 189, p. 1972. for New Mexico, The purposes.— taxes.-j rates The the income Contracts— high-speed White Sands Proving Ground, June 29 by Fred G. Roberts, Jr., $91,500 contract for a designed on missile in Photo-Sonics, by Inc.. Burbank, CaliT., iaunchings at rates up to 2,500 pictures per studies of objects moving at very slow-motion speed. Force, Edwards has Calif., Base, Force Air awarded a $36,000 contract for Photo-Sonics designed 16mm take pictures at rates up to 4,000 per second under high acceleration and extreme temperature and vibra¬ which of tion.—V. 187, 2120. p. Carl H. Wittenberg, partner and co-founder of this construction and engineering firm, has announced the acquisition of full ownership of /' the 19561 and stock dividend 313,937 2,766,893 3,142,294 requirements..- $11,182,798 $12,239,181 2689. p. Into Larger Execu¬ Thomas Industries, Inc.—To Move purchase of interests the his of late* co¬ Records tories at Civic for Center, and the $15,000,000 Ramo Woolriridge Labora¬ Thompson Ramo Wooldridge Inc. at Canoga Park, Since its founding, the company has completed more worth of industrial construction Chemical E'. A, work, institutional and than $500,000,- representing many of the commercial, landmarks the of South-vest. Corp.—Acquired— Staley Manufacturing above.—:V. Co. 189, p. 2937. 1958 $13,944,045 $12,887,662 1,704,864 1,704,864 •- the Twaits. J. making the announcement on June 23, he revealed that TwaitsWittenberg Co. now has more than $40,000,000 of construction work under way. including the new $11,500,000 Los Angeles County Hall of See $15,340,618 ...7. j._„G : through company In 000 divi¬ $2,000,000 $17,086,339 $15,654,555 ; ; income 188,4 -V. of of Air conditions 216,868 — deductions "-referred 2937. p. corporation cameras, $16,869,471 operating revenues-!..-— income (netj~ Net 189, Army's the announced was cameras, resulting Union Carbide Corp.—Distribution to Almost Gross by cameras it 30mm pictures high $58,895,370 $53,182,046 42,025,899 37,841,428 ... Operating expenses; and Other Wash.—V. Twaits-Wittenberj? Co., Los Angeles, Calif.—Control— 1959 Twelve Months Ended May 31— Net Kelso, West, President. Texas Power & Light Co.- -Earnings Increased— to $61 60,042 million of its distributed was this by Employees— corporation under employees across the country, an June on 30 employee sav¬ ings plan. Of this amount the employees saved $45,770,760 and the company added $14,973,708. Under this plan, employees sec aside up to 7),if'..of their earnings, and the company adds 10, 20 or 30'7 to this depending on whether the employee has one, two, or three or more years of company service. This plan contains provisions for short-term savings and long-range investments or a combination of both. This flexibility, which is one of the outstanding features of the plan, permits employees to set aside cash for a distribution every two years and also provides the choice of long-range investment in either U. S. Savings Bonds or Union Carbide stock. Savings plans were made available to Union Carbide employees as early as 1933.—V. 189, p. 2726. tive Office Building— building for this corporation in Louisville, Ky., was announced on July 3 by Lee B. Thomas, Chair¬ man of the—Board. The company has had its general headquarters of Selection Louisville in of since 1955. of national our office's headquarters said. "The building new will Louisville of rapidly expanding the nerve/center become nationwide network of plants as well as for our our in larger building at a new location has become necessary because the continued and accelerated growth of Thomas Industries," a Thomas Mr. office executive new a movement "The into activities. export-import of the Benjamin Electric Co. of Des Plaines, 111., year macle us the producer of the* broadest lines commercial and industrial lighting fixtures in the nation. In addition, we are also the nation's largest manufacturer of compression-operated electric paint spraying equipment, and we pro¬ duce the exclusive-principle Wright 'Super Rebel' power blade portable saw. * "This year will reflect the most significant period of growth of our company. Our sales last year were more than $20,000,000 and this year they are expected to rise to more than $32,000,000. In the first four months of 1959, for example, our sales totaled $11,108,000 com¬ pared with $6,399,000 for the same period last year." "Our at acquisition the of first of the residential, For the 7,000 On last four company's headquarters have been in 410 South Third Street in Louisville. l, they will be at 207 East Broadway in a two-story building feet square Sept. which years, of Union Light, the bonds was There both for Bids Kidder, a Quarter Ended April 4— Sales, all stores and departments - from 1958 $27,290,403 $25,637,152 850,698, 896,220 (est.) 456,796 481,091" Income. before taxes on income— Provision for Fed. and State income taxes will income per Adjusted to basis of $415,129 $393,902 „„ 53 in operation!-'7..— common stock— share of $0.42 .♦ — 935,594 shares , at April 4, 1959.— be to par, to par, Thompson Ramo Wooldridge Inc.—Proposed Expans'n for Plans missile 30 the Division by expansion with components Stanley C. the of the corporation's construction of a Group Tapco West aircraft $2,000,000 and area Co., served company, operates in Orange County were announced on June Vice-President and General Manager of Tapco the financing will be used by the its construction program, to repay The Cincinnati Gas A: Electric in that subsidiary of The Cincinnati Gas & portion of Kentucky contiguous to the a the parent company. Electric or gas service, or both, is supplied in five counties in northern Kentucky, principally Campbell, Kenton and by and having covering a territory of about 475' square estimated population of about 218,000. Boone, an the' of revenues the new; have 1958 the company had total miles operating $17,686,833'and net,income of $1,002,375.- PURCHASERS—The of year bonds and names the and addresses of the several purchasers principal amounts of new bonds which they agreed to purchase are as follows: Halsey. Ball, Stuart Bulge Baxter Ac Ac Co. & $4,050 Inc. 50o Kraus____r_ Company 750,000 Kenower, MacArthur A; Co. -r-V. , (ot)0's Omitted) plant Pace, and at special redemption price©*' plus accrued interest in each case. organization, parent , Coast Kidder, $3,400,000 in 1959 and $3,300,000 in 1960, 5), $0.44 . 5f. a as proceeds from finance a portion of EARNINGS—For Earned stipulating These bids came from (jointly); Merrill Lynch, Peabody A: Co. (jointly). such. Corp. 100.939DH; 101.107 its bo$i bonds as Co., ana for other corporate purposes;-' At May 1, 1959, the company estimated that its construction program will require expenditures of Electric 1959 the follows: Equitable Securities Corp., Morgan Stanley A: Co. and 101.557. redeemable at regular redemption prices Co., PROCEEDS—Net about Results-— on (jointly), Co. BUSINESS—The Tliorofare Markets, Inc.—Quarterly and Inc. Ac 106.097 from receding Ac bonds new ranging for 100.11*7 coupon were Weld Peabody The Smith, 5(8 7 White, bids and The First Boston Pierce, Fenner A: 101.207 ; other stipulating Blyth A: Co., Inc. to feet Award oi by the group at competitive sale won two were and coupon from 8,500 Offered— that day on a bid of 100.45%. At press time on July 10, 80% of the issue had been marketed. advances and Co.—Bonds by Halsey, Stuart & Co. Inc. group managed company space Power & offering of $6,100,000 first mortgage bonds, 5% series due July 1, 1989, at 101.09% and accrued interest, to yield 4.93%, was made July 9 by an underwriting at will Ileat Public the space provide 17,000 square feet of office basement storage space.—V. 189, p. 1176. of 200 Raffensperger, Hughes Ac Co., Inc Seasongood Ac Mayer__ Thomas Ac Company $200 15G 250 : 189, p. 283?. Group. George man¬ 415,000 shares the of Corp.—Receives Military Camera partner Ford outstanding ,V.-188,-.p. .91—... open-end investment of common stock, an aggregate of Members of their immediate families own owned its Streets picture at 1,060.000 outstanding officials Lincoln Traid . shareholders, to available * agement since This corporation has been awarded used by the be used in depreciation and depletion) is expected to be about $16,000,000 in Yarbro stated, with approximately $4,000,000 earmarked for 2 filed a registration outstanding shares of its It businesses. President and has been inceptoin. 1951 motion the Dallas Association of Investment Analysts, Mr. Yarbro expressed confidence thgt last winter's upturn in the oil indus¬ try will continue and have a favorable effect on 1959 operations. The company has appropriated $2,000,000 for 1959 exploratory drill¬ ing. he said, ancl will spend another $6,000,000 011 development wells. Cash flow (net income before dry hole costs, surrendered leases, July for Television-Electronics Fund, building the May, and ancl Speaking before Net 135 South" LaSalle St.7 Chicago," III/,"on statement with, the SEC covering 206,500 common stock, to be offered for public sale through an underwriting group headed by White, Weld Aj Co. The public offering price ancl underwriting terms are to be supplied by amendment. The company is the management service company and sales agent company, July 2, Nov. 1; five months of 1959 are W. Yarbro, Vice-President, company's earnings for the first 50$; above the same period last year, J. financial,' said on July 1. ' This boat custom incorporators, Mr. Tollcfson purchased lor cash the stock interest of his incorporators, William N. Owens, and Raymond D. Torgenson. 1953, the plant and equipment of the company were com¬ pletely destroyed by fire. Thereafter, Mr. Tollefson engaged in the business of... constructing custom and stock built boats for a period of approximately two years as sole proprietor. In 1953, Mr. Tollefson transferred the assets of the proprietorship to the corporation in exchange for stock and the name of the corporation was changed to Tollycraft Corp. Its principal business was and is confined to the manufacture and sale of standard and custom pleasure craft.. The principal manufacturing plant of Tollycraft Corp. is located at First Bright— Texas Pacific Coal & Oil Co.—Outlook • Commission— initially incorporated on April 18, 1946 Co., Inc." The corporation initially building materials, millwork manu¬ Lumber hardware, 95, p. Company stores Securities and Exchange In paint, Tollcfson, company were Television Shares Management Con).—Registers With of the company. stock initial Corp.—Partial Redempt'n The 5,000 Berwyn T. Moore & Co., Inc. 5,000 Daniel Reeves A: Co.: 5,000 was initial the has called corporation 190, Co— 5,000 7,000 Co Shear son, Hammill Ac Co. This Lestrange MacCormack 9.000 A: : — Shares Arthurs, Evans and Merland R. the for redemption on Aug. 1, next, through operation of the sinking fund, $332,000 of its 577 debentures due Dec. 1, 1976 at 100 b plus accrued interest. Payment will be made at the office of Dillon, Read & Co., 48 Wall St., New York 5, N. Y. Pictures, Since its organization in and development services 2613. p. facturing take Texas Eastern Transmission The PROCEEDS—Proceeds Broadcasting-Paramount were program, and the balance will program and for general corporate its expansion Operating revenues in There is no estab¬ share. per common was "Central the in second, Income make additions and at $130 -Corporation the name engaged UBS Offered—An under¬ writing group headed by Bear, Stearns & Co. on July 7 offered 75,000 shares of common stock (no par) at $13.75 per share. Selling concession to dealers is 62 V2 cents a share. Offering' oversubscribed and the books closed. ing BUSINESS under 2937. p. dends 5,500 2,000 3,000 Smither Offered—Zilka, PROCEEDS—The net proceeds will be used for construction of new manufacturing plant, purchase of new permanently installed machines and equipment, to pay a mortgage presently held by the National Hank of Washington, Kalaina Branch, and for working capital. the notes issued under the company's Technical Operations, Inc.—Stock to (par $100) lished market for the group White, Weld Si Co., and Mr. Watling, Lerchen Ac Co— Westheimer & Co—. 2,000 White, Weld Ac Co..—,—. 15,000 Dean Witter Ac Co—15,000 0 V. 4,500 2,000 Company Ac registration statement with the SEC 011 by Stone Aj Webster Securities Corp., payment 4,-500 — —-— filed covering $50,000,000 of first mortgage pipe line bonds, due to be offered for public sale through an underwriting Halsey, Stuart Si Co. Inc. The interest rate, public offering price underwriting terms are to be supplied by amendment. Net proceeds of the sale of the bonds will be applied in part to 15,000 2,000 5,500 Day Vercoe — 2725. 2,500 Corp Sweney Cartwright Ac Co. Spencer Trask A: Co „ Tucker Anthony Ac R. L. 'Co— 15,000 15,000 Kidder, Pea body Ac Lehman Brothers —V. This comoany 197'), , 3,000 5,500 stock SEC Transmission Co.—Registers With 1959, 3,000 3,000 inc, ——— — R. W. Pressprich Ac Co— Putnam & Co.———Reinholdt Ac .Gardner— Reynolds Ac Co., Inc Rotan, Mosle Ac Co.— — j. 4,500 4,500 Merrill, Turben Si Co., Inc. 8,000 2,000 8,000 2,500 Dominick8,000 Eastman Dillon, Union Securities Ac Co 15,000 Equitable Securities Corp. 5,500 Estabrook Ac Co 5,500 Euhey, Clark A: Co 2.500 PL 14, Richards Ac Co 2,500 First Southwest Co. 2,500 Glore, Forgan Ac Co. 15,000 Goldman, Sachs Ac Co— 15,000 W. D. Gradison A: Co. • 2,500 Hayden, Miller Ac Co—— 4,500 Hayden, Stdne Ac Co 8,000 Hemphill, Noyes Ac Co 8,000 W 15,000 2,500 & Hornblower Ac Weeks 2,000 Merrill Lynch, Pierce, Fcnner As Smith Inc 8,000 Crowell, Wee-don Hi Co.— Crufctenden, Podesta Ac Co, Curliss, House Ac Co— Bittmar As Company. Inc. J. 2,500 ;v , , 4,500 Co. Inc. Win. J. Merirka & Corp.—Securities Tollycraft . Tennessee Gas revolving 3,000 4,500 E. — - * be Co., Inc., of Portland, Ore., on July 6 publicly offered 2,200 shares of common, voting non-assessable capital 2,000 slis. 330,000 shs. 2,000 shs. 500,000 shs. ; 10 cents) 2832. p. company in furtherance 2,500 Inc. 3,000 - Brush, Slocumb A: Co. Inc. Clark, Dodge Si Co — Richard W. Clarke Corp.„ R. C. Crisler As Co., Inc.— Doininick 189, 3,000 3.000 Inc. C. V. — 3,000 Masten Ac Co.— McDonald Si Co., 15,000 Blyth & Co., Inc —— Bosworth, Sullivan Ac Co., -.15,000 Ac Co. Loewi Si Co. Inc... Irving Lundborg & Co 4,500 Whipple Ac Co Robert J Carl M. Loebj Rlioades 00,322 Inc Bacon, 2,500 Lester, Ryons Ac Co... Co., Hnrrimun Ripley & Bateman, ( pur headed bears to 483,322: $50> stock (par stock Common will & preferred cumulative non-voting 77 6 has below named underwriter Each Division In one which $500,000, parking Upon completion of the new Anaheim plant, the West Coast will lose its Bell and Long Beach plants.—V. 189, p. 2833. Outstanding Authorized and plant of 104,000 square feet. In addition, provided for in excess of 300 cars. PRESENT FINANCING GIVING EFFECT TO CAPITALIZATION over research a of three single-story structures providing a 120,000 square feet. Built of "tilt-up" concrete include an office building of 13,000 square development building of 4,000 square feet and consist of the plant will manufacturing facilities was company % at feet, a incorporated under New York law on Apiil 22, 1959. Its- office is located at 630 Third Ave., New York,» N. Y. The company was organized primarily to be the owner of the securities or operating subsidiary corporations. The company has two wholly-owned subsidiaries through which it presently functions. One of these is First Mutual Securities of America, Inc. and the other is Templeton Investment Research, Inc. The company acquired by an Agreement of Exchange dated June 1, 1959 from shareholders of .First Mutual all the issued and authorized 10,000 shares of the common stock (pur- $"l • of First Mutual in exchange for 100,000 shares of Templeton Damroth common stock (par 10 cents), and all of the issued and authorized 2,000 shares of the cumulathe non-voting preferred < par $50), in exchange for 2,000 shares of Templeton. Damroth 677 cumulative non-voting preferred stock (par. $501. Templeton, Damroth acquired pursuant to same Agreement from the ' shareholders of TIR all the issued and authorized 100-.000 shares of the class a and class B capital stock of TIR in exchange for 200.00C shares- of Templeton Damroth common stock (par 10 cents). Templeton, Damroth contemplates that it will make acquisitions and investments in other corporations from time to time as the opportunities arise. It is the present intention of the company that? such acquisitions and investments will be in corporations engaged in businesses similar to those of its subsidiaries, First Mutual and.TIR. BUSINESS—The area construction, for working capital. and investments and PROCEEDS—For acquisition group n will working of delphia, Pa., on July 2 publicly offered 30,000 shares common stock (par 10 cents) at $4.50 per share. PRGC'EFDS—All of bv program Corp.—Hecker & Co., of Phila¬ Templeton, Damroth in the its predecessor had been The latter company and broadcasting business since 1939. «idiaries. Stewart, West Coast Division Manager, said that the new plant will assume most of the operations of Tapco's present Bell and Long Beach plants when completed in February of 1960. Incorporating the latest in modern industrial architecture, engineering and produc¬ tion facilities, Street a and future it Ball will beRoad expansion in located on Anaheim. potential three a 48-acre landscaped site Calif. This times greater large site than will the at East afford presently for construction in September, the current development RR.—Has. Construction Pacific track Program— and bridge construction project in Western outlay of $1,750,000 by the railroad this Summer. The road's officials in Omaha reported 32.35 miles of track between Hershey and Ogallala on the main line will be replaced this year, laying calls program for an accounting for $1,500,000 of tion planned facility. Scheduled Union A Nebraska since of 133-pound 1947, and 14 rail new the total. The program includes installa¬ 131-pound - rail that has turnouts.—V. 190, p. 95. for been in" service Volume 190 Number 5863 The United Air Lines, Inc.—To For Japan Air Lines— Commercial and Financial Chronicle Perform Ground United United will Air line at maintenance its Tokyo and unloading service. of However, maintenance equipment will JAL center.—V; for aircraft, JAL- 189. catering, overhaul the the New Michigan York is court is against defendants resident in Vertol Aircraft Corp.—New Director for Unit— T. against Rensselaer W. Clark, former President, director, both a of whom residents are of F. Walkowicz, elected New it of Allied of Research Associates, Inc., July 7 by Don R. Berlin, Chairman of the Board. on Allied Research is has been, Laurance £., Rockefeller, of directors wholly-owned subsidiary of Vertol Aircraft Corp.„ a ramp routine Vacation equipment. World Plan, Inc., Miami, Fla. Announces New Travel Credit Plan— —V. of Pa., President. Mr. 139, which Chairman Berlin is also Mr. Walkowicz member is a the of the of Board ancl Vcrtoh. of Board 1177. p. 2833. p. associate an board announced was City.—V. 189, p.'2834. the to Morton, with along in the action filed in Federal District Court for the Southern Maurice Goodman, York personnel and and will be performed Lines. provide handling, loading action District of the first foreign overseas carrier to terminate at Seattle-Tacoma International Airport, by The that State; Ground services for Janan Air Lints, there Services 53. (201) Announcement lor United A Components, Inc.—Common was Stock Offered— of: underwriters, consisting of L. D. Sherman & Co., Darius, Inc. and M. R. Zeller Co., on June 8 publicly offered 100,000 shares of common stock (par 10 cents) at $1.50 per share. This offering has been com¬ Fla. group pleted, all of the said shares having been sold. PROCEEDS—The proceeds will be used follows: as silicon of approximately equipment for the $4,500 purchase to development additional diffused of silicon A approximately $9,000 to purchase additional equipment to manufacture and tefct hermetic glass-to-metal seals; approximately $16,000 to de¬ velop pilot production of silicon computer diodes; approximately $6,000 to develop tile diffused silicon transistors, and the balance to working capital. BUSINESS—The company was incorporated in the State ofr New on Jan. 12. 1959. It is engaged in the manufacture and sale glass-to-metal (hermetic) seals and the development of silicondiodes and transistors which it proposes to manufacture and sell. of CAPITALIZATION GIVING EFFECT TO lor 189, United The (par Outstanding 450.000 shs. cents) 10 300,000 shs. has issued Series order an TA and great advisory services by Security Management, Inc. The applications were by the death of A. E. Weltner, who owned a controlling interest in A. E. Weltner & Co., Inc., a Missouri corporation, which in turn owned all1 the outstanding common stock of Security Management, Inc., investment adviser to the. Funds. Prior to Nov. 1, 1959, it. is proposed to solicit approval of security holders to the continuance of the investment advisory agreement or of a new investment advisory contract.—V. 189, p. 2834. up a United Industrial Corp.—Former corporation has commenced Management Sued— .number a of legal actions against May 23th last, management of the principal when the newly elected. was actions is for of recovery United Industrial Corp.'s former position as the majority owner of the stock of Hayes Aircraft Corp. ofv Birmingham, Ala. Since United lost its majority position in Hayes in 1955, Hayes has become an increasingly profitable company. During the year 1958 alone its earnings after taxes were equal to approximately $40 a share computed on the original 30,000 shares issued and shares have 75%' it b stu owned shares of Hayes Aircraft retired and stock cancelled, company and to months later con¬ few a of that to and trived and carried out a scheme by which they, members of their families and nominees, were enabled to and did purchase a substantial number of shares of Hayes Aircraft at $10. <'0 per shaie, far below their true value at that time. The charge is further made that when Clark and Jeffers, together their associates in the managements of the two companies, caused v/ith United knew and sell to that that valuable steps majority of its stock back to Hayes Aircraft, latter company was likely to enjoy increased would accordingly tend to become an stock they earnings Increasingly investment;, that this transaction, together with the which they, members of their familiies and their by became the the its successive nominees of owners Hayes Aircraft stock only a few months later part of a plan, scheme and conspiracy to enrich theinsely.es at expense of United Industrial and its stockholders. was the Judgment is asked cancelling and rescinding the rale by United of its shares in Hayes Aircraft and the restoration of such shares to United's ownership. The amount of potential recovery in this case cannot be measured accurately at this time; it depends, among other things, what on is determined be to the nresent fair value Aircraft stock. This has case been commenced by the filing of motion a in Federal District Court for the South rn District of hattan; for permission to substitute United in place of November The L. 1955 to of including this Hayes this an which for annum The services. ment in from years. any and action Arthur Barck, 1, and recovery 1, includes two made Clark, receive years, be to was contract two Hayes July on York ( American last charged demanded ol to other causes the former paid other United to that of in the sum oi' $480,000, at the rate of $60 000 $180,000 over the following whether 70 was which or not ho by the resorts ment. paid certain $90,000 to and that and a ;v of its members, one F. that to of United upon Clark directors authorized has cf he the w had s and company, a of was fraud assets. William B. privately received the on payment Harry Bourse; that Bourke for control action Industrial received since recommendation a finder's dummy a upon or United fee of nominee Industrial During the recent proxy Cudlip, a former direc¬ $45,000 of the Court recover for the Southern District of New approximately $200,000 spent by members ancl lm™ediately following the recent York, of seeking former contest proxy ™ ? that these for of former management mori all Arthur Savings H. and of the corporation Courshon, Loan Board Association, Chairman Miami /• • than $S,5Q0 for printing, telephone and telegraph charges; that such expendi¬ tures were excessive, and a wrongful, reckless and illegal use ol the corporation s funos without the holders, and were made solely knowledge or for the purpose petuate the former management in office. The excess of $20<,000, in contrast to a maximum company on any • are: of Beach, Washington Executive Vice- and and Treasurer, Milton M. Gaynor, President of Gaynor Insur¬ 1040 it arc Biscayne Boulevard, Miami.. ^ . Hotels and other resort V. I. P. affiliation participants, however, agree to announce their advertisements and other promo¬ ii} ■ their regular previous annual stockholders' consent of of of the sum spent immediate payment in full from V. I. P. upon completing his stay. feature of the $10,000 spent meeting. by in which 1957 is in occurred not include motel or Victoreen Yourself" It method of select¬ complete entertainment complete vacation. A check-off folder, containing rates for all types of accommodations, transportation costs, ancl extras, is provided by V. I. P, to facilitate the traveler in making a complete "package.'' .y* • "V.I. P. was created to.provide a complete vacation trip to any part of the world for hundreds of thousands with moderate incomes who are not in a position to pay the full cost at once, or Within the 30-day requirement of such services as Diners' Club, American Express or similar travel cards," extended-credit plan and millions to vacations • Courshon said. "This is the first really offered to the millions who travel each year, who couldn't afford complete payment for such within or 30 days." and at par) $4 Co., Inc.—Common Stock Of¬ BUSINESS—The net proceeds will be used general working capital. for company incorporated capital expciihftures the Commonwealth Pensylvania on Jan. 24., 1956, and is engaged primarily in the development, engineering, manufacturing • and sale of telemetry equip¬ and in systems was in the form electronic of airborne station instrumentation, for use in the aircraft principal offices of Vector are located? at The and missile and ground industries. Keystone Rd., South¬ Vector, Manufacturing Co., Inc. is nF".'h* hoM"r of all of the outstanding capital stock of Vector Laboratories, Inc., a Pennsylvania corporation, with offices at 1107 East Mam sc., errand —Prairie, Texas, which is engaged in research and development of ground •station equipment and associated electronic systems. hampton, Pa. CAPITALIZATION GIVING EFFECT PRESENT TO FINANCING Authorized Common stock (no par)__ Th: underwriters have Venezuelan Gairdner Outstanding 1,000,000 shs. - & '750,000 shs. Power Co. Ltd.—Debentures Offered— Ltd., offered in Canada only, a new $2,000,000 of 6V2% 15-year sinking fund deben¬ tures, at 100% and accrued interest, if any, from July 21,1959. FEATURES OF DEBENTURES Sinking Fund: Provides for retirement of Redeemable: July 14, the years In whole the 1960, July on 15, (100% 1960 and and 1961, by and two-fifths of 1 Co on each Interim debentures available bo on about or July 21, Purchase Units: When issued in definitive form not later than Dec. 31, 1959, each $1,000 debenture will be accompanied by 80 warrants entitling holder to buy 80 units consisting of one preferred plus one common share at $10.01 per unit until July 15 ,1964. National Trustee: Trust Company. alarm of two the 5,500 kw major balance gas turbine towards generators expansion towards the CAPITALIZATION program reduction of of the the the purchase ancillary installations power plant ate Anaco; the GIVING debt of one of the operating EFFECT TO PRESENT FINANCING Authorized 15-year tures. fund Outstanding $2,000,000 sinking $2,000,000 deben¬ series A Capital: x Cumulative redeemable 1959 the par —V. 190. series shares value) p. 96. vvhicli sounded. is second and refueling four elements Mr. *«acn said, is levels measure¬ ventilator alarms as monitor hull vent exhausts a required .during;' as '; * points, in their protective* that multiple safeguards are provide® that radiation used the submarine. on various is otherwise could additional an of at "so malfunction a sensitivity harmless overlap Cogan the event of the system are in nor table, a and air, controls alarms as well gas danger at variou^Troints and repairs function," in and in •/; the other two elements monitor, monitor which handles the radiation personnel equipment failure. duct High of sounds and He said "The stack effluent a recording signaling air protection, detected and endanger the since crew. rise front before it cart any signaled danger-point."- a To Retire ' 475,000 shs. ; Remaining Debentures— The directors have voted to retire the balance of outstanding 6% debentures of 1967, totaling $205,603, it was announce® ori June 30 by David H. Cogan, Chairman and President. The issue iss at $105 and The 1958. 15, Aug. accrued interest, which will be paid will cease to earn interest on issue to holderstilAt date. • Mr. xiowtver," "debenture holders have a right stock at $2.56 per share."—V. 190, p. 96. Victory said, Cogan into common convert Markets Offered—S. Inc.—Stock D. Lunt to* & Co., of Buffalo and Norwich, N. Y., on June 29 publicly offered at 20,000 shares of class A common stock (par $2) per share. Offering oversubscribed and the $14.25 books closed. * 7- , PROCEEDS—The of this offering are to be used towards* equipment estimated at $400,000 for fiv<* new super markets to be opened during 1959. The balance of tha funds needed for this purpose will be provided from the company's* treasury. No arrangements have been made for return of funds to. cost the of all of BUSINESS—The York State proceeds inventory If subscribers and shares the corporation Oct. offered 1908, as The W. 22, hereby organized was H. are not under Dunne sold. the Co. laws of New In January 195® changed to Victory Markets Inc. Main offices and ware¬ house for meats, frozen foods, and. produce are located at 54 East. Main St., Norwich, New York. Another large warehouse located or* Borden Ave. in Norwich, N. Y., is leased and used for the warehousing' the of name on was groceries. Jan. 1, 1928, Victory Markets, Inc. acqquircd 100% ownership" Victory Chain, Inc. Victory Chain, Inc. at the present time operate® On food 81 the of located stores in Central wholly owned subsidiary Norwich, N. New York State. The main office® also located at 54 East Main St.* are Y. Victory Markets Inc. and Its closely related, wholly owned sub¬ sidiary, Victory Chain, Inc., are engaged in the distribution of foods* acquiring products from primary sources, and placing such product® in the hands of the consumer, through its own outlets.—V. 189, p. 2615; Vulcan Materials Co.—Three Acquisitions— Bernard A. Monaghan, President, on June 29, announced approval by the board of directors of the acquisition of the Ralph E. Mills Co.. Frankfort, Ky., and Talbott Construction Corp., and Talco Constructors, Inc., of Winchester, Ky. The three companies are frequent participant® with- other leading construction firms in joint venture, heavy construc¬ projects in both this country and overseas. ^ acquisition, to be effected through completion of stock transfer arrangements with Ralph E. Mills and Scott Talbott, principal owner® ol' 'the companies, will enable Vulcan to service larger foreign and domestic construction projects.—V. 190, p. 96. The This Street Planning Corp.—Registers With SEC—• 1959, Boston to Life investment company, its registration statement Investment Systematic Insurance Protection.—V. filed 188, p. amendment an covering and Programs on July 7, additional $6,000,000 oF an with Programs pO'Jl. Group ^Creditor Walt Disney Productions, Inc.—Files Suit— This corporation on July 1 filed suit against the American Broad¬ casting Co. charging tlie network with illegally attempting to prevent two Walt Disney Studio television programs, "Zorro" and "MickeyMouse Club," from being televised next Fall. The suit, filed in tha Federal District Court of New York, asks the Court to invalidate th» agreements which 1,000.000 shs. -— : (without nominal _ ment Tlie par) Preferred shares 6',0 is system includes four basic units," he said. "One is a remote* monitoring system v.hich uses six gamma-sensing elements locate® varying distances from the central station where radiation is regis¬ tered on a meter ancl a strip chart recorder. provisions sinking fund. ($10 Common andt and subsidiaries. 6(2 Co in at Wall Purpose of Issue: The net proceeds from the sale of these debentures well as from a simultaneous sale of shares) will be passed on to the company's operating subsidiaries in Venezuela by ,rneans of a purchase of preferred shares and promissory notes of one of the .subsidiaries." The major part will be applied lor levels radiation ray personnel protection, with appropriate pre-set warning points at the tion will 1959. to gamma 1961, price. Warrants " general sinking fund). part on 30 days notice at 106% until thereafter decreasing by three-fifths of July 15 through 1973; for Sinking fund purposes by lot par. Company has right to purchase debentures in the market by private contract at prices not exceeding their current redemption Delivery: which designs and manufactures tha company, The data obtained from the system is read in terms of microcuriea contamination per cubic centimeter of sampled air, lie explained. "By attaining sensitivities never before aproaehed in such equipment, the system provides the ultimate in environmental monitoring for in premium 1960 $100,000 in through 1973 1962 or succeeding at this monitor of insuring control of radiation and contaminant levels throughout the vessel, from a central control point," Mr. Cogan said. of Co. $140,000 in of to around the reactor engine, the new equipment is known as the Victoreen Radiation Monitoring System. "It will provide a completely options to purchase from Vector 7,500 shares. issue of and * Off-Hull 75,000 shares of common stock (no Offering oversubscribed and the of ment An¬ Development v President Designed share. per additional lor New convertible closed. PROCEEDS—The and 2396. p. — equipment. callable Manufacturing- publicly offered books $2.82 five-for- the October, 1957.The 1959 results, Antiseptic Ltd., an English sub¬ 189, Co. reflect Mr, fered—Marron, Edens, Sloss & Co., Inc.; L. B. Schwinn & Co.; First Albany Corp.; and Harrison & Co., on July 6 Instrument adjusted to never before. reached, a new atomic radiation, monitoring and alarm system for U. S. Navy submarines is now under test on a nuclear submarine prototype reactor "at an eastern tcsft facility," it was announced en June 29 by David H. Cogan, Chairman; ever more hi cash Vector Milton 2,026,84® $4.46 Attaining sensitivity accommodations, and other extras for a earnings from 2,013,298 $4.61 for 5,707,121 2,245,167 information split equipment plan is the "Do new ing any type of hotel per¬ was stock "The Member resorts receive stock¬ attempting to total share 8,970,108 . "The Hawaii ancl Canada. of $7,232,20® 10,357,542 ' Applications by tourists are processed rapidly—in a few days or loss —through the hotel or motel of their choice, or V.I.P. offices now being established in major cities throughout the country, in Alaska, selection $9,521,680 $9,844,670 of , program 14,672,263 7,440,063. reliable means Co., Miami Beach. tional material. 10,085,521 nounced— parts of the United States, extended-credit arrange¬ new No membership fee is required either of the hotels, motels or resorts joining V.I.P.' or travelers making use of the extended credit plan. than more four both here and ■ re¬ control "Per system under consideration. Funded Debt: members a New York Public relations organization and least five law firms, in addition to spending 9 to management company. charges cAn the 19,607,201 10,905,778 outstanding "Earnings per share expected to (as $90,000. this $45,000 was brought on June 30 against Cudlip in the State Circuit Court for Wayne County, in Detroit, Mich, Legal actions have also oeen brought concurrently by United Indus¬ trial against members of the former management in the Sfate Circuit /or Kent County, Mich., in Grand Rapids, and in Federal District the have Headquarters of Vacation Plan Inc. consummated; ooara the tor, admitted of is ■ President, President 1 ",'o cause payment of $90,000 gift and waste of its funds contest cover and 1957 20,750.448 L — (including Foreign income) (after adjustment for For¬ eign Operations) is directed toward the income, market for the travel industry, organizers and officers Federal performed former manage¬ of age. years fraud a $220,000 action. of action relates to a so-cailed finder's fee paid by in connection with its acquisition of Detroit Stoker The complaint charges that no finder's fee was authorized bolorc or at the time the transaction was 1957. shortly thereafter the An and means 1958 Earns, arrangements Industrial in bo moderate Leading resorts, hotels and motels in in Europe, will be included in the salary operative be of management taxes Shares international in scope, be arid or Co. under similar income) Earns, Alaska, Hawaii and Canada—in the individual credit arrangements system, 1959 $89,298,521 $86,121,689 $74,754,681 (including For¬ taxes sidiary acquired late in 1958.—V. 1 share¬ eign Income States, process V. I. P. before offices Man¬ issue Earns, do plaintiff as United Aircraft 1955. The the and vast new President, as and made was 1955, when Clark is by then to five was first agreement, is Oct. W. $180,000 The Oct. on This he the also case agreement pay Rensselaer $300,000 per Green an of (1958). complaint arises ten New Industrial Corp. Bernard holders, who brought One United using public of President the the with outstanding in 1955. The charge is that the key defendants, Rensselaer W. Clark, formerly of United, and Lewis F. Jef'Jers, an officer and director of Hayes Aircraft Corp,, caused United Industrial in 1955 to sell Subs.)—Sales & Earns. Up—• (& _1 Already, 21 Florida hotels and motels in Miami Beach, Jacksonville, Palm Beach, Lake Wales arid pompano Beach have signed as members of the new plan and representatives of leading Caribbean and Latin A members of its former management and others, to recover an estimated several million dollars worth of property which, the company charges, it has lost as a consequence of the wrongful acts of the defendants over a period of years up to the date of the postponed annual meeting of the company's stockholders held on Chemical Co. Sales every abroad. the guest One covering by scheduled airlines. mass open Fund Fund necessitated constituted "V. I. P."—and as institution—Beneficial Finance Co.. The plan, which will ance granting applications of United United Income Series TI, Kansas City, Mo. investment companies, for exemption orders under the Invest¬ ment Company Act permitting the temporary continuance, subject to later approval of certificate holders, of the performance of investment This in travelers Miami; Funds, Inc.—Exemption Granted— SEC Accumulative known Cooperating Manager, L. J. Maxon; Vice-President, Jack D. Gordon. President, Washington Federal Savings and Loan Associa¬ tion; Secretary, Jack Courshon, President, Washington Security Inc., of 2182. p. financial cities used FINANCING Authorized Common sstdck all The PRESENT be conjunction with V. I. P. will Jersey —V. national 1.154 special¬ transistors; corporation—to possible expense, including transportation of all types, hotel or motel accommodations, meals, car rentals, night clubs, excursions and even fishing yacht rentals, is now in operation. now computer .diodes; ized test Vick 9 Mos. End. Mar. 31— This in Approximately ' $33,000 to purchase equipment for the-manufacture and of the formation of the first extended credit system travelers to anywhere in the world—with up to 20 months to pay— made on June 25 by a group ol' leading local financiers in Miami,' 280,000 shs. 1,000.000 shk: 280,022 shs. or the between Walt Disney Productions of the Federal Anti-Trust act. suit is ABC does covered Commenting and by network Productions on stated, announced involve not a this the separate "Walt and ABC under tha Presents" program will be televised over Disney agreement and Fall. the action, Floy Disney, President of Walt Disney "Several weeks ago, the. ABC network advised us, publicly, that they would not televise' "Zorro",or tha (202) 54 subscribed. television station. * ' ,. do not dispute ABC's right to discontinue these, 01 their own network," Mr. Disney continued, ABC's manuevers to suppress these programs public exhibition over other television stations."--V. 189, p. 2289. indepedent tr "Although we from Instrument Precision Waltham Inc. Co., — R. June 30. held on this ol the the )00 300,000. with for more contract A poration by the U. S. for 2938. p. than $8,500,000 has been awarded to this cor¬ Air Force for the construction of 90 towtractors connection with B52 bomber in use 189, Truck Corp.—Gets Contract— La France Ward ° 1958," Mr. Ripley said.- $725,000 for of loss a V. aircraft, it was announced on 15. June work Production will start immediately, the com¬ the new order on it is expected that about 200 additional personnel will next six months. Delivery of the first units under the contract will be made in September. This is the second multi-million dollar order within a two-year period awarded to Ward LaFrance. The first order, on which deliveries have been completed, was received in April, 1957, and called for 109 of the Identical vehicles specified in the current contract. The company has been a'prime contractor for many years for the U. S. Army, Navy and Air Force. Airport crash trucks are among other vehicles Ward LaFrance has made for the armed services.—V. 189, p. 962. said, and pany hired be over the symbol WCP. outstanding shares Present 385,279. Consolidated sales slightly below $21 million. (less held in the treasury) total company for fiscal 1958 were ' those the of manufactures, distributes, industrial and institutional maintenance and sanitation products (germicides, floor cleaners and waxes, insecticides, hand soaps and paper towels). Established 11 years ago, the, company's expanded research program has resulted in many new products which have opened up still broader fields for utilization of maintenance and sanitation technology. The company's executive offices, and main plant are at 42-16 West Street, Long Island City. It maintains 62 sales offices in the United States and Canada and employs about 1,400 people, approximately onethird being sales personnel. James E. Marcuse, President, stated that the acceptance and grow¬ ing use in hospitals, industrial plants and homes of new disinfectants containing the company's "tamed iodine" gives impetus to present plans of continued research and development of additional products containing this safe-to-use, non-toxic, iodine-based germicide. He added that the company is engaged in a concentrated development program which is certain to prove instrumental in better product performance and in further expanding the company's line.—V, 188, The company 2077. p. each c hereafter into converted remainder the this for EFFECT GIVING CAPITALIZATION Two new in ■—one corrugated box plants for the company's container division Calif., and one in Phoenix, Ariz—will be opened facilities can be installed, L. Frank Torrance, the necessary production soon as as Division Manager, announced on June 80. plants will bring to 17 the number of box factories operated Virginia's Hinde & Dauch Division, the company's container Thompson, The by new West division. The. Phoenix plant is scheduled to be in production in November. will be operating by Jan. 1 of 1960. Mr. Thompson on both plants is, being expedited in response to the The Torrance plant that said work M/R board, a recently finding wide acceptance among fruit and produce packers in California and Arizona. M/R board is currently being shipped west from Kansas City. Mr. Thompson said the two new plants are part of an over-all ■Company move toward national distribution of corrugated containers. large and growing demand for the company's developed moisture resistant corrugated board now located N. Richmond, Va.; St. Louis, Mq.; Sandusky, Ohio; Virginia's West Buffalo, in Baltimore, Cleveland, Detroit, Eaton, Ohio; Gasfconia, N. C.; Gloucester J.; Hoboken, N. J.; Kansas City, Kansas; Meriden, Conn.; Chicago, City, plants arc Dauch Hir.de & 15 The and Watertown, Mass, represented by a & Dauch Division is now Calif.—V. 190, p. 96. Hinde bales office in Bakcrsfield, A £ Series Securities to and^ Exchange Commission— 22 filed a letter of notification with the of common stock to be offered at par ($1 per share) only the USAF officers stationed at Mountain Home AF Base. No underwriting is involved. The SEC corporation on June covering .56,000 The proceeds are shares working capital; to be used for Co., Inc. Awarded Study Contract— tional Telephone associates The work Corp. & Telegraph this work. in and Radio of Corp. America as concept talis traffic.—V. priority 189, p. lend Period End. May 31— «per. taxes- and exps. $5,208,177 4,145,73.1 1959—12 Mos.—1958 $4,871,586 $12,282,266 $11,801,905 3,904,043 9,763,682 9 411 771 1959, In 4,237 11,920 3,221 income etc., struction (Cr) $970,764 $2,550,504 285,220 633,697 704,612 con¬ 4,600 Net pfd. dividends, fixed to rate the at at the initial debentures .' $690,144 $1,915,907 shares 12,500 automatic of 255,517 Balance for per ing, electrical '$707,243 $580,623 $1,660,390 $1,479,485 $1.29 $1.08 $3.04 $2.74 —V. 546,656 on 187, p. shares May 31, 1959 and 539,407 May 31, for oil will now operate as a Yuba subsidiary—Aimeo AiiiKo organization is a leading piociucer °i equipment and has developed an advanced Corp., The exchange . board the by in dependent 1958 fiscal the of restrictions, an to certain ■Louis, Mo., on — Debentures Offered — Scherck, July 1 publicly offered 81,000,000 of 53a% 011 a dryers and has paid 1956, years per 1958 and in 1959, : 1 . (adjusted to reflect share each a in the case Preferred stock, series and A dividends All 1958), 100 to series B arc which to 1 common the General 1959.- " - Aqueduct The to entitled have been paid payment of dividends in the future will depend financial condition the of company upon earnings, judgment the and the of of directors with below, named underwriters has and each agreed sell to to Richter Co., of the of the underwriters has severally agreed to purchase the principal amount of debentures Scherck, each set opposite its Jacobs & $750,000 and Semple, Co., Inc., $250,000.—V. 139, p. 2615. A new Division by of Scaife pressure glass-lining Co. vessels Oakmont and facility has missile motor added been (Pittsburgh), Pa., cases, a and by the Tank a subsidiary of pipe to 76,700 coated Artukovich & Sons, Inc., EL Monte, the 61'2-inch and 73 Vi-inch Company, Los Angeles, . Contract was awarded Water and Power, City of Los Ar.geles Water for $550,000. Pacific-Murphy Division, Emeryville, judson Yuba 11.000 feet of Colich Construction Encino Reservoir project t^e Department of System was leading producer supply also will steel for use in the Calif., steel Brothers—Unit to Expand Tank Division— $425,000 of ID. Calif. welded company 67-inch Sountwest business conditions. respect to prevailing Inlet-Outlet Metropolitan California for $4,000,000 calls for welded steel, cement mortar lined and of Southern General contractors is Vido pipe. Alhambra, Calif., was Colorado River pipe to be used in the Distribution System and the Encino Reservior Colorado River Aqueduct contracts, let by the District of - Manufacturing Division, contracts for supplying awarded Water Totaling $7,250,000— Inc. was awarded contracts totaling last week in June. $7,250,000 during the Line. March, in facilities. Board, in of Aimco will service to the chemical and petro¬ o: the Industries, Consolidated Yuba com¬ dividends stock cash common plant includes complete the stated that the addition offer more complete Three Contracts Gets heat¬ and cir-cohcUtioning equipment. and Tulsa, in President and Chairman the new acquisition, to -Sales volume million. manufacturing and fabrication Yuba's McGaro, eeiicept in air used from Canada to South leum: industries. the manufacture clothes gas TO-acre, tract engineering, L. Products Corp. air cooled heat wide variey of cooling operations. a approximately $48 Yuba allow $9 per share. at gas-fired domestic space domestic company cents 30 split Wilson Co. performing was John 1958. Semple, Jacobs & Co., Inc., both of St. The company's products are conditioning. America, additional annoucing primarily in and Inc.—Acquisition— another step in its diversification program, this corporationhas acquired Arrow Industrial Manufacturing Co., Tulsa, Okla. Arrow and its subsidiaries; Airoflow Fintube Corp., and F-5 Air Conditioning to River White-Rodgers Consolidated Industries, Yuba 1137. Bichter Co. and com¬ Taking to be reserved for conversion of subject engaged is heating, space refrigeration :n name: •Based aisles 6,000 Southwest Welding" & board stock ' equipment. the handling of large loads in narrow space saving electrical efficiency, the company has introduced a . 263,971 share com. com. silhouette, sit-down rider type, electric lift truck control and a lift speed capability up to 150 . 25, June on and contingent certain employees to controls $1,743,456 109,521 Products— pound capacity electric truck featuring a resistorlesscontrol. By .eliminating resistors, in. the control, Yale engineers have been able to" reduce heat losses and provide high electrical efficiency,.A side loading, electric powered industrial lift truck which provides a new concept'in materials handling for high stacking in aisles nar¬ rower than those possible with presently available powered industrial lift trucks has also been developed by the company. Being introduced in a 3,000 pound capacity model, the unique design truck was devel¬ oped by Yale ih conjunction with engineers of the Western Electric Go. who plan to use the side/ loading principle ir, warehousing. —V. 189, p. 2938. " ' T ; pact might be fixed declared as annum per to sell, intends company sale 35,900 $812,470 T speed optional as high foot 105,227 stock. $150,000 185,000 shs. , infinite speed To with conversion price UNDERWRITERS—The •Earns, and when 3'r of shares required 50,000 Including The income on : Outstanding $150,000 600,000 shs par)__.._ Towne Manufacturing Co.—New & Located " the Divs. (25c 2289. P. earnings. upon April 1, 19,100 'FINANCING per pumps 7 11,200 PRESENT minute has also been introduced by Yale Materials Handling Division. This new Yale line is available with dual hoist motors U,nd feet ~ $2,412,168 265,413 ; stock with line be used 22,034 $1,066,683 deduct charged to held meeting annual at dividends, if earned and when and as declared, in an amount stock Trterest stockholders by directors, amount Gross TO deben¬ 15 ol' total amount of $1,000,000 on such terms as a ^Entitled of only Interest, due 189, capacity (rucks. A compact, low years and will bear The loan will be repayable in annual installments beginning one year from issue date in the amount of $67,000 annually for three years and $150,000 annually $2,390,134 $2,518,584 EFFECT provide a now handling capability in warehousing and on load¬ ing docks with Yale industrial lift trucks, the company's Yale Ma-, terials Handling Division has developed a compact, end-control elec¬ tric truck with recycling speed control and very high lift speeds. The new Tine is being introduced in 2,000 and 3,000 pound capacitymodels and will later be expanded to include 1,000 and 1,500 pound 11(1253,300 shs. part of which must $2,000,000, company DIVIDENDS—The income Other $967,543 GIVING subordinated May 31, 1964 convertible Yale has a commitment from Massachusetts Mutual Life conditioned upon the sale of the debentures offered the pany. The new loan will be for a term interest at the rate of 57/ofr per annum. mercial $1,062,446 Operating income Co. To 1956, BUSINESS—Company 1959—5 Mos.—1958 revenues & CAPITALIZATION off the outstanding principal balance (presently in the amount* of said insurance company's present loan to the com¬ liliThe Operating Zehle to- $746,000) of additional Co., Inc.—Earnings- for it by by mail order, products Roebuck Sears 1397. Western Light & Telephone in it was dormant until 1953, when the 'company went into the marine field. Nautilus, a wholly-owned subsidiary has been formed to manufacture fiberglass boats. Since its incorporation it has developed four models of fiberglass outboard motor boats, two of which were shown at the New York Motor Boat Show in January 1959. It is also manufacturing a 14 foot fiberglass runabout and a 12 foot fiberglass fi-hine boat for research, for a circuit and message switching net¬ designed for efficient handling of bulk messages as well as high UNICOM organized Although Long Island, N. Y. and selling marine are manufactured 1949 by Willidm von which accessories boating and various sell 8,003', a shs. by the directors. TheU. S. Army Signal Corps has awarded a $4,800,000 research and development study contract for a universal integrated communication The development will be carried System (UNICOM) to this company. out under n the direction of Eell Telephone Laboratories with Interna¬ , was May 2, on subcontractors. thereafter. Army advances to Nautilus equipment and for plant is located at North Queens Ave., Lindenhurst, Worthington is engaged in the business of designing tures 500,000 shs. ■'' par)l_ ($5 14, (Approved Electric Western for . 8,592 shs. company pay York New Xjroducts Insurance Company, to as subsidiary) (a incorporated under the laws of the State 1949. Its sales and principal office is located at 441 Lexington Ave., N. Y.. and its warehouse is located at 730 West 149th St., N. Y. In addition, the company has a wholly-owned subsidiary, Nautilus Fiber Glass Boatworks Corp.. incorporated under the laws of the State of New York on Sept. 30, 1953. The Nautilus the company entered into a loan agreement, Mutual Life Insurance Company and issued there¬ under: its promissory note dated April 2, 1956, in the principal amount of $1,000,000 bearing interest at the rate of 5U per annum and maturing on April 1, 1971. Fixed principal payments o<" $67,000 are payable 011 April 1 of each year through 1970, and $62,000 on April 1, 1971. Contingent principal payments are payable annually on July 1 in an amount equal to the lesser of (1) 25T of the company's net income in excess of $200,000 for the fiscal year next preceding the date ol' such payments or (2) $70,000. The company has the right to make voluntary prepayments at descending rates of premium from 011 prepayments made in the fiscal year ending in 1960 to Vh'c on prepayments made in the fiscal year ending in 1970. The loan agreement Imposes certain restrictions chiefly with respect to Working capital/borrowings, stock acquisitions, and dividend payments, all of which have been compiled with. The interest rate on the present loan is being increased effective June 1, 1959 to 5','4/0 per annum and the contingent principal payments are being eliminated. hereby, Corp, capital. BUSINESS—Company of with Massachusetts iThe Nev.—Files With West-Wood Processing Corp., Reno, will be used net proceeds Boatworks Glass working Common 8,005 shs, stock 1 PROCEEDS- The Fiber 50,000 shs. ; March "On be interest at the rate of 7'T pev annum payable semi-annually and June 1 each, year; and are convertible into common stock of the company at the rate of $1 per share until .May 31, 1961, S2 per share until May 31, 1962, $3 per share until May 31. 1963 and at $4 per share until maturity. The debentures are non-redeemable before maturity and there is no sinking fund. Dec. 1,000,000 1,000,000 B Common subordinated on May 31. DEBENTURES—The T'/o ' convertible dated June 1, 1959 and will mature OP bear 1964; on —V. series in able SSeries will debentures ' 1959. 1, DESCRIPTION $746,000 convertible subordinated deben¬ tures clue July 1,11979— Preferred stock, $100 par value (issu¬ June from Outstanding $1,000,000 company-—....-_— 7% $150,000 of Authorized ';5%'/2 Co.—Two New Plants— of T/r Authorized to insurance •AJNoie West Virginia Pulp & Paper of PRESENT FINANCING TO Securities Offered — B. City, on June 29 pub-: convertible subordinated shares of com¬ units consisting $500 principal amount of debentures and 50 shares common stock, at $500 per unit, plus accrued interest company's be added to the corporate purpose's. will — debentures, due May 31-, 1964, and 15,000 mon stock (par 25 cents), offered only in The balance not working costs. construction the of purpose 2,^ additional 400,000 shares filed tin amendment on July Co., of New York & offered licly company capital and used for general Inc. Products Worthington Fennekohl intends to use the net proceeds from the sale of the debentures, in the first instance, to pay for part of the cost of constructing and equipping a new building to be located en a 14-acre tract owned in fee by the company, in Affton, Mo., an unincorporated area in St. Louis County, approximately 15 miles south¬ west cf downtown St. Louis, The new one-story building will be used to. house the company's major manufacturing and administrative op¬ erations, presently spread over several buildings, It is estimated that the cost of such construction and equipping, including the cost of moving, will be approximately $1,950,000, in addition to the approxi¬ mately -$:1H2,000 already invested in land and building materials. Building materials and labor for this purpose are available. The company has a commitment from Massachusetts Mutual Life Insurance Company, conditioned upon the sale of the debentures of¬ fered hereby,... to lend the company $2,000,000, part of which must be used to pay off the outstanding balance (presently in the amount of $746,000) of the company's present loan from said insurance com¬ pany, Said loan will bear interest at the rate of 5%'/</ per annum. The additional borrowed funds thus received are expected to be used pay needed investment company, its registration statement covering an of common stock.—V. 187, p. 681. 1959, to stock. common With SEC— Inc.—Registers Fund, Milwaukee This The FUND PROCEEDS—The to ' furnace.—V./189, p. 2U3J. 100-foot Wisconsin case, debentures will also be subject to redemption and may be redeemed in part, upon not less than 30 days' notice, sub¬ sequent'to July 1 in the year 1963 and in each year thereafter to and including 1978 through the operation of the sinking fund at the prin¬ cipal amount thereof, together with interest accrued to the date iixed for redemption. The indenture .provides that on or before July 1 in each year from 1963 through 1978. the company will pay to the trustee a sinking fund payment sufficient to redeem $60,000 principal amount of debentures and, in addition, the company may at its option pay into said sinking fund a sum sufficient to retire up to an additional $60,000 • principal amount of debentures'. The company may, however, at its option, credit against any such sinking fund payment any debentures either redeemed or in the course of being redeemed (other than through mandatory redemptions through the sinking fundj or purchased or otherwise acquired by it and surrendered to the trustee or converted into common stock, other than debentures selected for redemption out of the sinking fund and thereafter converted) at their principal amount plus' interest from such July 1 to the redemption date. Subjefct to provisions for carrying over amounts of less than $20,000, monevs paid to the trustee for the sinking fund are required to be applied to the redemption or debentures through the sinking fupd on Aug. 15 following such payment except tliat such moneys are to be returned to the company to the extent of the principal amount of debentures selected for redemption out. of the sinking fund and 1 stock was listed on the American Stock The stock will be identified on the Exchange by common Exchange on July 7. the E,— Products, Inc.—Listed on A. S. West Chemical This corporation's at interest SINKING year, a shot blast and mills, of option in acceleration of shipments expected during the last from a current backlog of orders at a record $3,company expe; company expects to show a profit for 1959, compared rapid the "With half reached the point Of profitable operation, told stockholders at the annual meeting corporation has now Riplty, President, This ball and PROVISIONS—The debentures will be redeemable at the company, as a whole or from time to time in part, 011 any date prior to maturity, upon not less than 30 days' notice, prices ranging front 105'/ to 100.25/c to maturity, plus accrued by the Corp., St. Louis,, is based on equipment. The installation includes automatic spray equipment! an 63-foot dryer Balancl Co., Hagerstown. Mti.; and Albert'. J.. the most modern techniques arid REDEMPTION the offer its customers a glass-lining' facility could now • complete line of tanks, both galvanized and glass-coated. Tne new glass-lining facility, including equipment furnished Fcrro Corp., Cleveland; O. Hommel Co., Pittsburgh; Pangborn dealers. paper « the addfticn-of ari\(utwre such debt unless the'terms of the borrowing provide otherwise iSod to all present and future open market commer¬ cial paper sold by the company to banks, trust companies, insurance companies and other financial institutions or to or through commercial Expects Parker, June 29. for full- pointed put frat Scaife has enjoyed an outstanding 'reputation' over 70 years in the galvanized hot water tank field, and with the for for borrowed subordinate to all present debt arc Maurice further to and money Profit— Louis clebeutilb\s These other, programs on "we will certainly fight any by made was Mr. Parker estimated that a production capacity $5,000,000 yearly had been auded to Scaife. He production on Aug. potential of almost Offering stock at 820 per share. books closed. fifty shares of common oversubscribed and the making In. announcement the Board and President-of the company, on knewn frits important expansion, scheduled of Chairman and 100% at The Brothers. Wilson subordinated debentures, due July 1, 1979, accrued interest. This offering was over¬ Each $1,000 debenture is convertible into convertible network next season, and at the same time could not offer these programs to any other television outlet. Subsequently they have interfered and pre¬ vented our attempts to offer these programs to any other network their Club" over they told ub we Mouse "Mickey be in for a Buffalo Y. Department .completion in mid-1960. construction—is lift bridge across the Contract calls for 1,316 tons cf steel, and of Public Works, City of Buffalo.. Erectors, Inc. will construct the bridge, which is N. by,-the Consolidated scheduled of ir. construction used Buffalo, awarded Calif., will fabricate all $2,100,000.—V. 139, p. Tota'. contract—for steel 2528. and Volume 190 Number 5863 . . . The Commercial and Financial Chronicle (203) STATE AND CITY 55 DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA Co.. Inc., John W. Reinhart & Co., Magnus & Co., M. B. Vick & Co., Beaumont Unified School District, Trust Co., of San Francisco, Blyth Riverside County, Calif. & Co., Inc., and Weeden & Co., at Walter, • Woody & Heimerdinger, Bond Sale—The $985,000 school a ■Warrant Sale — The price of 100.039, a net interest $1,750,000 warrants offered on June 29—v. Odess,; Martin, Herzberg, Inc., Mc¬ building bonds offered July 6— cost of about 4.27%, as follows: 189, p. 2939—were awarded to a Donald-Moore & Co., Harrington v. 189, p. 2939—were awarded to $50,000 5s. Due on Aug. 1 from & Co., Inc., Mid-South Securities a group headed group composed of John Nuveen by the Bank of 1960 to 1968 inclusive. &- Co., B. Van Ingen & Co., Inc., Co., Kenower, MacArthur &' Co.," America National Trust & Savings 35,000 4s. Due on Aug. 1 from Howard: C.. Tray wick & Co., Sel¬ A. C, Allyn & Association, at a price of lCTO.005, Co., Inc., Goodbody 1969 to 1971 inclusive. lers, Doe & Bonham, and John¬ a net interest cost of about 4.31 &: Co., Leedy, Wheeler & %, Alleman, 170,000 41/4S. Due on Aug. 1 from as follows: Inc., and Sellers, Doe & Bonham, ston, Lemon & Go. 1972 to 1981 inclusive. as follows: ~ $835,000 4%s, due on Aug. 1 from ; ; Orrville, Ala. Redding, Calif. Bond 1960 to 1977 inclusive. $1,500,000 sewer system warrants Offering— Raymond C. Bond Ofering—Sealed bids will at a price of 150,000 4V2s, due on Aug. 1 from 98.004, a net ih- .Watson, Mayor, will receive sealed be received until 8 p.m. (Calif. 1978 to 1980 inclusive. teres! cost of about 4.776 %; •bids until 7 p.m. (CST) on July 20 DST) on Aug. 25 for the purchaser as follows: $750,000 41/2S, due for the. purchase of $65,000 water¬ Gladstone Sch. Dist., Los Angeles of $650,000 water revenue, Series on Jan. 1 from 1962 to 1978 works • revenue bonds. Huntsville,Ala. * sealed bids (EDST) Dated County, Calif, : Bond Offering—Harold J. Ostly, County Clerk, will receive sealed . inclusive, and due on 1989 i $750,000 inclusive. Jan.- 1 from . March 4%s, 1979 ; . 1989 to (terest . educational b u i 1 ding bonds at a price of 100.001; a interest cost of about as follows: $60,000 4l/2S, due on July 1 from 1962 to 1969 inclusive, and $1.90,000 4%s, due on July 1 from 1970 to 1983 ^ $300,0001 City awarded 27 Clerk, bids a headed group 28 for the purchase of $10,000 by cipal and until for 2 the will Rossell, receive sealed Los Angeles Sch. Dists., Los Angeles County, Calif. Bond Offering—Harold J. Ostly, July $485,000 County Clerk, will receive sealed system revenue bids at his office in Los Angeles (MST) purchase of p.m. interest (F-A) payable County Treasurer's office. at the Bond street improvement bonds offered on June 29—v. 189, p. 2939—were to in ARIZONA ;C't fQhandler, Ariz. Offering—Arlene • Sale —The Bank, to 1969 inclusive. Prin¬ inclusive. Additional The Hanover City. Legality approved school building Series E bonds. by White, Bradley,- Arant, All & Dated Aug. 1, 1959. Due on Aug. Rose, of Birmingham. from 1960 4.7220%, t and Selma, or New York net Principal and inat The Peoples bids at his office in Los Angeles Trust Company, in until 9 a.m. (Calif. DST) on July payable Bank 250,000 . 1, 1959. Due- from 1962 to inclusive. on Equitable Securities Corp., White, water and sewer bonds. Dated July 1, 1959. Due on until 9 a.m. (Calif. DST) for the Weld & Co., and Stern, Agee & Leach, at a price of 100.00, a net. July 1 from 1962 to 1985 inclu¬ purchase of $26,000,000 bonds, as follows: sive. Principal and interest interest cost of about (J-J) 4.11%,- as payable at the City Treasurer's $5,000,000 City School District Sefollows: ...:\ *' i .j ... $120,000 4%s, due 1960 to • 1963 30,000 41/4s, due 150,000 4s, due 1965 to on July 1 -from ' inclusive. July 1, 1964. July 1 from inclusive. /!"'■" on Additional Sale—The* $2,000,000 warrants June and 29—v. bonds 189, p. offered Additional' on sell 2939—were a system price of 98.00, war- a net interest cost of about 4.0017%, as follows: $100,000 4s, due on July 1 from 1960 to 1964 inelusive; $570,000 3%s, due on July I from 1965 to 1970 inelusive; $160,000 4s, due'on July 1, 1971; and $170,000 3%s, _ ■ ; ; v price of 98.00, cost ; . - 1959. Due on Aug. 1 from 1960 to inclusive. Principal and in¬ 1979 terest payable at the Connecticut Bank and Trhst Co. in Hartford. Legality approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. Middleton, 1 from 1962 1982 I, $250,000 1933 4%s, from 1985 to Additional and due 1984, on R. Sept. 1 D bonds. Due on trict Series D Sept. 1 from clusive. bonds! Due 011 1960 to 1984 in¬ offered June 30—v. to William pital Sale —The improvement bonds' .offered 1 $350,000 hos-^ Series 1959 June 29 Bond cisco, at price of 100.007, a net cost of about 4.45%, as a interest follows: tleberry, & Co.," and William R. Staats & Co., a! a price of 100.014, a net $1,000,000 natural gas system revenue bonds offered June 29—v. 189, p. 2939— were awarded to a group com- Ex-officio 5s. 1960 Due ,2,000 4%s. Due to on 1972 South inclusive. on July 15 from Bond Offering—Sealed bids will be received purchase until Aug. 4 for the $990,000 building of Legality approved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Francisco. Ocean View Sch. County, ! Bond Auditor at his Offering will office Dist., Orange — receive County sealed bids Connecticut Bank and to 1975 inclusive. Prin¬ National Bank & Trust Co., Hartford. 250,000 road Series I bonds. Due on Aug. 1 from 1960 to 1969 inclusive. Principal and inter¬ est payable at the Hartford National Walnut Creek School District, Contra Costa County, Calif. Bank & Trust Co., Hartford. Dated Aug. 1, 1959. Legality Bond Offering—W. T. Paaseh, approved by Day, Berry & How¬ County Clerk, will receive sealed ard, of Hartford. ;/,;•:%% bids at his office in Martinez until Torrington, District, Orange County, Calif. Sale—The $6,000 school bonds offered July 1—v. 189, p. nessey, ceive awarded were to National the Se¬ Bank of Winton Merced County, Calif. $35,000 school offered July 7—v. 189, p. Bond bonds School District, Sale—The & ter net as Co., at interest a cost price of 100.10, a of about 4.62%, follows: Treasurer, bids at the will re¬ office of DELAWARE New Castle County, Stanton School District No. 38 (P. O. Los Angeles, as 4s, at a price of 100.10, a basis of about 3.90%. City sealed Day, Berry & Howard, 750 Main Street, Hartford, until 2 p.m. (EDST) on July 16 for the pur¬ chase of $900,000 flood control jbonds. Dated July 1, 1959. Due on July 1 from 1960 to 1979 inclu¬ sive. Legaltiy approved by Day, Berry & Howard, of Hartford. Bond — Conn. Bond Offering—Francis A. Hen¬ Bond Wilmington), Del. Offering — William D. Guthrie, Chairman of the Board School Trustees, will receive of sealed bids at the office of Ed¬ ward Duffy, 400 Continental American Bldg., Wilmington, until 11 a.m. (DST) on Aug. 4 for the purchase of $440,000 school build¬ ing bonds. Dated Aug. 1, 1959. Due on Aug. 1 from 1960 to 1981 inclusive. Principal and interest (F-A) payable at the Farmers Bank, Wilmington. Legality ap¬ proved by Reed, Hoyt, Washburn & McCarthy, of New York City. Santa Ana, until DST) on July 14 $18,000 5s. Due on Aug. 1 from 1960 to 1968 inclusive. purchase of $127,000 school ppsed of Herbert J. Sims & Co. $264,000-4%s, due on June 30 from building Series A bonds. Dated 17,000 4%s. Due on Aug. 1 from Inc., Watkins, Morrow & Co., J.' 1.968" to 1.985 inclusive. 1969 to 1979 inclusive. July 15, 1959. Due on July 15 from M. Dain & Co., Hugo Marx & Co., 86,000 4s, due on June 30 from 1960 to 1984 inclusive. Principal Yuba City Elementary Sch. Dist., Barney Perry & Co. Inc., Cum¬ 1986 to 1989 inclusive. and interest payable at the County Sutter County, Calif. berland Securities Corp., and Cady FLORIDA Treasurer's office. Legality ap¬ & Co., at a price of Bond Offering — Aernev Hall, ARKANSAS 98.13, a net proved by O'Melveny & Myers; of Bay County (P. O. Panama City)i interest cost of about 5.09%. County Clerk, will receive sealed -Fort Smith Special Sch. Dist., Los Angeles. Florida bids until 2 p.m. (Calif. DST) on Arkansas Bonds Not Sold—No bids were Mobile County (P. O. Piner-Olivet Union School District, July 17 for the purchase of $400,Mobile), Ala. Bond Sale—An issue of $350,000 received for the $1,500,000 water Bond Sale—The 000 building bonds. Dated Aug. 1, -) Sonoma County, Calif. $3,900,000 road fire prevention system bonds was revenue and general obligation and bridge bonds offered Bond Offering—Eugene D. Wil¬ 1959. Due on Aug. 1 from 1960 to July 8 awarded to the Stephens, Inc., and bonds offered July 1—v. 189, p. —v. " » 189, p. 2727—were awarded T. J. Raney & Sons, liams, Clerk of Board of Super¬ 1979. jointly, at a 2836. to a syndicate headed by Shields net interest cost of about 3.70%. visors, will receive sealed bids un¬ CONNECTICUT & Co., at a price of Florida State Board of Education til 2 p.m. on July 14 for the pur¬ 100.02, a net interest cost of about : CALIFORNIA Groton, Conn. chase of $58,000 school Series A 4.52%, as (P. O. Tallahassee), Fla. follows: y Bond Sale The bonds. Dated July 15, 1959. Due At water School District, Merced $1,000,000 Bond Sale—The $1,600,000 Pi¬ on July water and electric revenue bonds $600,000 5s. Due on Feb. 1 from 15 from 1960 to 1984 in¬ County, Calif. ' nellas County State School Reve¬ clusive. 1962 to 1967 inclusive. Principal and interest offered July 8 were awarded to Bond Sale—The $7,000 school 200,000 4%s. Due on Feb. 1, 1968, bonds offered (J-J) payable at the County a group composed of Estabrook nue bonds offered June 30 were July 7—v. 189, p. & Co., Putnam & Co., Coffin & awarded to James S. Magurno of 3,100,000 41/2S. Due on Feb. 1 2939—were awarded to Dean Wit¬ Treasurer's office. from 1969 to 1984 inclusive. ter & Burr, Inc., Lee Higginson Corp., Pleasant Joint School District, Co., at a price of 100.07, a Clearwater, as 4s, at a price of and R. D. White & Co., as 3.80s, Others in the account: Salomon net interest cost of about 4.39%, Alameda and Contra Costa at a price of 100.07, a basis of 100.0062, a basis of about 3.995%. Bros. & Hutzler, Hornblower & as follows: Counties, Calif. Due on March 1 from 1961 to 1980 about 3.79g. Weeks, Leedy, Wheeler & Alle¬ $3,000 5s. Due on Aug. 1 from 1960 Bond Sale—The $255,000 school inclusive. man, Inc., Roosevelt & Cross, Hugh to 1962 inclusive. Manchester, Conn. Series A bonds offered June 30— Marx & Co., Dated June 1,1959. Due on June Berney Perry & Co., Bond Offering — Richard Mar¬ 4,000 4%s. Due on Aug. 1 from v. 189, p. 2939—were awarded to Inc., Rodman & Renshaw, Pohl & 1 frnm IQfil tn 1980 inclusive. 1963 to 1966 inclusive. a group composed of American tin. General Manager, will receive interest' cost follows: -i of ! about - 4.44%, as 11 a.m. in The inclusive. Prin¬ Trust Co., Hartford. 250,000 sewer Series 1 bonds. Due on Aug. 1 from 1960 to 1976 inclusive. Principal and inter¬ est payable at the Hartford bonds. 2939—were awarded to Dean Wit¬ Calif. 1979 cipal and interest payable at Bay Union Elementary San Diego County, Cal. 2939 inclusive. 11:30 the Hartford National Bank & July 15, 1968. July 15 from 1979 inclusive. curity-First (Calif. DST) on July purchase of $225,000 bonds. Dated July 1, 1959. Due on July 1 from 1960 to 1982 the until Co., Hartford. 160,000 public school Series 2 bonds. Due on Aug. 1 from Sch. Dist., 15 for bids A. will Trust from on 38,000 4%s. Due 1973 to 15 to The inclusive. 20,000 4%s. Due 1969 July on 1967 to until 8 p.m. sewer were to-a group composed of Nuveen & Co., E. F. Hutton and Secretary, will receive sealed bids awarded John Clerk Theodore Treasurer, cipal and interest payable at 1960 $8,000 Westminster School Offering—Joanne G. Cas- sealed 1960 189, 2939 — were awarded to the American Trust Co., of San Fran¬ Dated County awarded receive City a.m. (EDST) on July 14 for the purchase of $1,660,000 bonds, as p. clusive. 8,000,000 City Junior College Dis¬ Kowaleski, Conn. — District, Contra $1,000,000 public school Series 1 County, Calif. bonds. Due on Aug./ 1 from Sale—The $68,000 school Bond bonds Sept. 1 from 1960 to 1984 in¬ $160,000 play¬ Staats & Co., at a price of par. Bond on and 1989 inclusive. Sale—The trict Series Ros¬ Maricopa County Hospital Dist. No.'1 (P. O. Phoenix), Ariz. in- Jan. 1984 Offering _ California net interest to to 13,000,000 City High School Dis¬ sealed bdis School District No. 68 (P. O. Bisbee), Ariz. Bond Sale—The $127,000 school bonds offered July 6—v. 189, p. about elusive; $90,000 4%s, due Jan. • a inclusive. 1960 Bond Costa and Cochise 4.74%, as fol$660,000 4%s, due on lows: Jan. n of receive on due on July 1, 1972. • • % 1,000,000 water system bonds at 2727—were a Oiffering—Miss also on from a.m. follows: San Ramon School 11 a.m. (Calif. DST) on July 21 Sept. 1, 1959. Principal for the purchase of $50,000 school July 1 from 1964 to 1983 interest (M-S) payable at the building bonds. Dated Aug. 15, inclusive." .Principal and interest County Treasurer's office, or at 195.9. Due 011 Aug. 15 from 1960 to payable at 'the City Treasurer's of¬ any of the fiscal agencies of the 1979 inclusive. Principal and in¬ fice, atrthe Valley National Bank County in New York City or Chi¬ terest (F-A) payable at the of Phoenix,' or at the Chase Man¬ cago as designated by the success¬ County Treasurer's office. Le¬ hattan Bank, New York City. Le¬ ful bidder. gality approved by Orrick, Dahl¬ gality approved by Gust, Rosenquist, Herrington & Sutcliffe, of North Burbank Public Utility Dist. field, Diyelbess & Robinette, of San Francisco. (P. O. 1960 Elgin Sty, Oroville), Phoenix.'"-' Alleman, electric rants at will Due Inc., and Sellers, Doe & Bonham, as follows: h ries D bonds. Due ground and recreation improve¬ bonds.- Dated July 1, 1959. & Co. Inc., A. C. Allyn & Co. Inc., Goodbody & Co., Leedy, $1,000,000 National ment gen & Valley at the same time for awarded to a group composed of John Nuveen & Co., B. J. Van In¬ Wheeler the at or Rhaenix, in Phoenix, or at the Chase Manhattan Bank, New York City. Legality ap¬ proved by Gust, Rosenl'ield, Divelbess & Robinette, of Phoenix. on 196,9 office, Bank .of. : A bonds. 11:30. on of ■ • until July 15 for the pur¬ $1,500,000 North Junior High School bonds. Dated Aug. 1, chase (Calif. for the ' ... . . • . — ■ . . , The Commercial 50 Monday, July 13, 1959 . 20%, he said. May gross revenue was $37.9,1)01 or $48,919.78 higher than the 1958 month. Net revenue for the period was $290,016.73 for an inclusive. Interest J-J. 1977 Bond Sale—An issue of $150,000 bonds was award¬ l^ross revenue was up 12% and net revenue of $634,402.22 was up ed to the White-Phillips Co., Inc., as 4'As and 4'As. Dated June 1, 22%. In May 288,837 vehicles traveled 1959. Due on June 1 from 1961 to 1975. Interest J-J. Legality ap¬ <4,059,348 miles on the Turnpike without a fatal or serious accident. Vehicles increased 41,871 or 16.9% proved by Charles & Louis. 25,056,525 passengers traveled 406,040,240 miles on the Parkway. University^ (P. State O. Tallahassee), Fla. Certificate Offering—J. B. Cul¬ Secretary of Board of Control, will receive sealed bids pepper, until 11 a.m. (EST) on July 21 for of $1,925,000 apart¬ ment revenue certificates. Dated Jan. 1, 1959. Due on Jan. 1 from 1962 to 1999 inclusive. Legality the purchase by Patterson, Freeman, Richardson & Watson, of Jack¬ approved College (P. O. Forsyth), Georgia •Bond Offering—Mrs. R. L. bonds offered July 1,— v. 189, p. 2.940—were awarded to the Municipal Bond Corporation, at a price of par, as follows: 1 from $77,000 4(4s. Due on Jan. 1962 to 1970 inclusive. 20,000 4'As. Due on Jan. 1, 1971 Bond scaled ceive (EST) on July 21 for of $200,000 dormi¬ tory revenue bonds. Dated May 1, 1959. Due on May 1 from 1962 to 1909 inclusive. Legality approved Spalding, Sibley, Troutman, Meadow & Smith, of Atlanta. Ijy (City and County of), Bond Offering—L. County S. Goto, City Treasurer, sealed bids at the will re¬ office of Dawson, 48 Wall. -•Street, New York 5, until 3 p.m. <EDST) oi^-Rily 15 for the pur¬ chase of $1,500,000 Board of Water Wood, King & Supply, consolidated system reve¬ nue, Series A bonds. Dated Aug. 1, 1959. Due on Aug. 1 from 1963 to 1970 inclusive. The bonds are call¬ able. Principal and interest (F-A) payable at the City and County ^Treasurer's office in Honolulu, or The — $1,440,000 building bonds offered June 29 were awarded to Conti¬ nental Illinois National Bank and of Chicago, Illinois Co., S. Dickson & Co., and Rodman Trust Co., designated by the Board of Water Supply. Legal¬ may be ity approved by Wood, King Dawson, of New York City. & a cost about of Dist., No. 219 1998 to inclusive. Callable cago. Legality as Charles approved of Trauernicht, & of by St. 44,000 about of 135,000 swimming pool a Civil Township bonds, at 100.113. a basis of . ' bids until 10 Due on July 1 from inclusive. 1982 to 1989 LOUISIANA Ward Four Wide Parish Bienville (P. O. Arcadia), District No. 45 Louisiana Graettinger, Iowa Sale — The $24,000 Bond Sale—The $250,000 school City offered June 23 were offered bonds July 6 — v. 190, p. 98 — were awarded to Barrow, Lcary & Co., awarded to the Graettinger State and Scharff & Jones, Inc., jointly, Bond remodeling Hall Bank, as bonds at 3'As, at par. d Offering — Wayne W. for June on 1, inclusive. June 1, 1968 1969. and DeRidder, La. $487,000 Not Bonds $800,000 Sold—The public improvement bonds offered on June 29—v. 189, p. 2837—were not sold. Kan. Offering—Harold E. Horn, City Manager, will receive sealed bids until 3 p.m. (CST) on July 14 Due 1960 to 1967 59,000 4'As. Due on Lauljrence, Bond 4'As. from • Iowa o ii price of 100.009, as follows: a $191,000 Mediapolis Community Sch. Dist., purchase of $340,000 2.22%. internal improvement bond s. Dated Aug. 1, 1959. Due on Aug. 1 Highland, Ind. from 1960 to 1969 inclusive. Prin¬ Bond Offering—Irene F. Ketcipal and interest payable at the ehum, Town Clerk-Treasurer, will State Treasurer's office in Topeka. sealed to bonds, at price of 100.904, a net inter¬ 3.23% est cost of about KANSAS price of receive 1971 Due on July 1 from 1981 inclusive. 3.26%. follows: 2.22%,. the Meadow, Golden Bond La. Sale—The $150,000 drain¬ bonds offered June 30 were to Kohlmeyer & Co.,, at age awarded net interest cost of a about 4.33%. Parish * Consolidated School District No. 1 (P. O. Thibodaux), La. LaFourche / , O. Offering—R. Bond a.m. . Monola, of St. Clair County ed to $51,000 High Sch. Dist. (P. O. Lenzburg), III. $120,000 award¬ the First National Bank of Township bonds. 1960 to 1969 inclu¬ School Due from son, Mag, Thomson, McEvers Fizzell, of Kansas City. bonds to & . *& Dated on in the which first said of are Legality approved sold. by Ross, McCord, Ice & Miller, of Indian¬ apolis. Bond ment Sale—The $105,000 bonds offered 189, p. 2837—were June Inc. and Scharff Howard, Friedrichs & 3'As, at a bonds to a group - Ducournau awarded to the old price of par. & & 14 composed of White, Kees, & Sanford, Hattier Covington, Henderson School District, Ky. Hack- Jones, 100,000 School District No. judg¬ 24—v. St. Ind. Bond Offering—Robert P. Ky. First National Bank of as Pendleton, was composed of Co. Covington, the bonds day group Weil, Labouisse, KENTUCKY 51,000 Civil Township bonds. Due from 1960 to 1968 inclusive. a Barrow, Leary & Co., sive. month Louis. Com. High school building bonds O. cost 1 from July 1968 to 1970 inclusive. Burns, Superintendent of Schools, will receive sealed bids until July bonds at basis of Due 3%s. 53,000 ' No. 200 (P. as Due on July 1, 1965. 33,000 3'As. Due on July 1, 1966 200,000 4'/is. interest from 1 July inclusive. 1964 . Bond Sale—An issue of Sch. 2'As, as $39,000 School Township a price of 100.102, a to 227,000 4s. 6 were awarded Bank & Trust Co., Salem Goshen, 1962 15,000 3'As. price of 100.064, interest net ILLINOIS Cook County Niles Twp. the Due 2%s. 44,000 and 1967. bonds 16 for the purchase, of to building bonds. of $83,000 Sale—The July Due on July 1, 1960 and 1961. <. Legality approved by Stinson, Secretary of Parish School Board, (CST) on July 17 for the purchase Mag, Thomson, McEvers & Fiz- will, receive sealed, bids until 10 $175,000 sewer bonds. Dated zell, of Kansas City. a.m. (CST) on Aug. 5 for the pur¬ July 1, 1959. Due semi-annually 3.4123%, as follows: chase of $2,100,000 school bonds. from July 1, 1960 to July 1, 1969 University of Wichita (P. O. $670,000 3'As, due on Jan. 1 from inclusive. Interest J-J. Dated Sept. 1, 1959. Due on MarchWichita), Kansas Legality 1961 to 1967 inclusive. 1 from 1961 to 1984 inclusive. The approved by Chapman & Cutler, Bond Offering — Ralph Wufz, 770,000 3%s, due on Jan. 1 from of Legality ap¬ Chicago. Treasurer of Board' of Regents, bonds arc callable. 1968 to 1972 inclusive. will receive sealed bids until 7:30 proved by Foley, Cox & Judell, of Jackson Twp. (P. O. Valpariso), New Orleans., Metropolis, III. p.m. (CST) on July 13 for the Indiana Bond Offering—L. W. Barger, purchase of $475,000 general obli¬ Natchitoches Parish School DistS« Bond Offeri ng — Grover A. gation tax supported improvement City Clerk, will receive sealed (P. O. Natchitoches/, La. Biggs, Township Trustee, will re¬ bonds. Dated Aug. 1, 1959. Due on bids until 7 p.m. (DST) on July Bond Sale^-The $500,000 bonds ceive sealed bids until 2 p.m. 21 for the Aug. 1 from I960 to 1979 inclusive. offered purchase of $800,000 July 7 — v. 190, p. 98 —. (CST) on July 22 for the purchase Principal and interest (F-A) pay¬ were awarded as follbws: water works and sewerage im¬ of $102,000 school bonds, as fol¬ able at the State Treasurer's of¬ provement bonds. Dated Jan. 1, lows: No; 9 fice. Legality approved by Stin¬ $400,000 ' School - District 1959. Due on July 1 from 1960 Renshaw, at a -at the office of such other paying July 1, 1969. Principal and inter¬ est (J-J) payable at the American ugents in New York City, or in National Bank & Trust jCo., Chi¬ i>uch other cities in the United as Bond offered a school & Hawaii Sale Bond 5 Township (P. O. Goshen), Ind. Counties O. Normal), III. (P. Inc.,fcas follows:- net B Harrison , $28,000 2'As. v $197,000 Community Unit Sch. Dist. No. R. HAWAII Honolulu Woolford and as 1 . street improvement bonds, at a price of 100.675, a p.m. (CST) on July 21 for the purchase of $15,000 school improvement bonds. Dated July 1, 1959. Due on Jan. 1 from 1961 to 1974 inclu¬ — McLean July awarded Smith, as fol¬ Fenner & lows: terest cost of 3.37%. re¬ 2 sive. Principal and interest (J-J) 1 from payable at the Peoples Loan and Trust Co., Ridgeville, Ind. Legal¬ Massac County Sch. Dist. No. 35 ity approved by Ross, McCord, Ice & Miller, of Indianapolis. (P. O. Metropoles), III. Bond Sale—rAn issue of composed of J. J. B. Hilliard & Son, Almstedt Bros. Equitable Se¬ curities Corp., and Merrill Lynch, $900,000 parking facilities bonds, at a price of 100.03, a net in¬ 1972. and July 7 were awarded to a group la. $1,425,000 cor¬ Wood, Gundy & Co., 3%s, bonds offered revenue sewer 390,000 will until Sale—The $60i),000 water Bond and composed of Morgan group a and Sand¬ D. Trustee, bids Paris, Ky. Guaranty Trust Co., Rand & Co., 20,000 4'As. Due on Jan. 1973 to 1976 inclusive. purchase States Offering—Wm. Township ers, to of Louisville. & Grafton, Grafton porate purpose bonds offered Township Lewisville), Ind. O. (P. building til 2:30 p.m. and Sale—The $117,000 school Bond Legality Treasurer's 189, p. 2837Li-were 1959. Due on 1971 inclusive. approved by Wyatt, July 1 from 1960 to Pierce, 1—v. the for bonds. Dated July 1, Davenport, Township Sch. Franklin (CDST) purchase of $31,000 parking facilities revenue interest and City Sale—The Bond Miller, of Indianapolis. Ice & III. Point), the receive will 4 p.m. until 14 July on office. Secretary of the Board of School Trustees, will, receive sealed bids until 4:,30 p.m. (DST) on July 13 for the purchase of $74,000 school improvement bonds. Dated July 1, 1959. Due semi-an¬ nually from July 1, 1960 to July 1, 1970 inclusive. Principal and in¬ terest (J-J) payable at the St. Joseph Valley Bank, Elkhart. Le¬ gality approved by Ross, McCord, 129 (P. O. Cedar Wil¬ Louis. liams, Secretary of Board of Trus¬ tees, will receive sealed bids un¬ ceive Con. Principal Elkhart), payable at quist, award¬ ed to II. C. Speer & Sons Co., as 4s and 414s. Dated. June 1, 1959. Due on Jan. 1 from 1962 to 1979 inclusive. Legality approved by Charles & Trauernicht, of St. GEORGIA the No. Sch. Dist. O. (P. Offering—Eldon F. Lund- Bind school building bonds was sonville. Tift Community County Salle La opening-of the Turn¬ pike Jan. 26, 1957 a total of 8,352,175 vehicles carrying an estimated Florida Trauernicht, of St. nbove the total for May 1958. County Indiana Unit Palestine), school building Since the Elkhart Hun- Jna C. — City Clerk, bids scaled 1 from 1960 to 1976 June on inclusive. & Illinois months of the which began April 1, year No. 3 (P. O. Sch. Dist. Due inclusive. Crawford County Community in¬ For the first two fiscal Le¬ gality approved by Charles Trauernicht, of St. Louis. of 29.8%. crease County Offering Bond sucker, Whites- (P. O. burg), Ky. Letcher at a price of 100.2554, a net inter¬ 55,000 3f4s. Due on Dec. 1, 1963. Authority ing bonds. Dated July 1, 1959. Due est cost of about 3.70%, as follows: 60,000 3:;«s. Due on Dec. 1, 1964. on Dec. 1 from 1961 to 1978 in¬ (P. O. Fort Lauderdale), Fla. $60,000 4s, due on May 1 from clusive. Principal and interest May Revenues Up 14.8%—Gross INDIANA 1960 to 1969 inclusive. revenue of the Sunshine State (J-D) payable at any bank or 90,000 3'As, ,due on May 1 from trust company as agreed upon by Delphia-Deer Creek Township Parkway in May showed a gain of 1970 to 1972 inclusive. the Board and the successful bid¬ Consolidated School Corp. 14.8% over the same month a year 350,000 3%s, due on May 1 from der. Legality approved by Chap¬ (P. O. Delphi), Indiana Bgo, according to figures released 1973 to 1979 inclusive. man & Cutler, of Chicago. June 26 by Thomas B. Manuel, Bond Offering — The Board of Bettendorf, Iowa Chairman of-the Florida State Cowden, III. School Trustees will receive Bond Offering—Mae G. Steffen, Bond Sale—An issue of $35,000 sealed bids until 2:30 p.m. (CST) •Turnpike Authority. City Clerk, will receive sealed It was the eighth consecutive sewerage bonds was awarded to on July 21 for the purchase of monthly increase, Manuel said. the White-Phillips Co., Inc., as $18,000 school real estate improve¬ bids until 8 p.m. (CDST) on July Each month since last October has 4%s. The bonds are dated May 15, ment bonds. Dated July 2, 1959. 14 for the purchase of $300,000 Fhown a gain ranging from 4% to 1959. Due on Jan. 1 from 1961 to Due on July 2 from 1960 to 1963 sewer bonds. Dated June 5, 1959. ► . . Turnpike State Florida _ and Financial Chronicle (204) and Arn¬ Crane. Bernard Parish Sewerage Dist, No. 2 (P. O. Chalmette), La. Offering — Margaret Bond Sale—The $150,000 public Clerk, will receive Nichols, City Clerk, will receive improvement bonds offered July Bond Offering—Kenneth E. Lit- Due on June 1 from 1961 to 1978 sealed bids until 2 p.m. (CDST) sealed bids until 2 p.m. (CST) on 1—v. 189, p. 2837—were awarded irell, Secretary of Board of Edu¬ inclusive. Legality approved by on July 21 for the purchase of July 13 for the purchase of $600,to Abroms & Co. and Ladd Din& Trauernicht, of St. $208,000 sewage works revenue cation, will receive sealed bids Charles 000 school building revenue bonds. kins & Company, jointly, as 4'As, bonds. Dated July 1, 1959. Dpe on until 8 p.m. (CDST) on July 13 Louis. Dated June 1, 1959. Due on Sept. 4'As and 4.60s, at a price of par# for the Aug. 1 from 1960 to 1989 inclu¬ 1 from 1960 to 1979 inclusive. In¬ purchase of $2,450,000 Spring (P. O. R. F. D. No. 1, a net interest cost of 4.69%. sive. Principal and interest (F-A) school building bonds. Dated July terest M-S. Legality approved by Garden Prairie),! III. payable at the Pendleton Banking 1, 1959. Due on Jan. 1 from 1962 MASSACHUSETTS Wyatt, Grafton & Grafton, of Bond Sale—An issue of $50,000 to 1977 inclusive. Principal and Co., in Pendleton. Legality ap¬ Louisville. Bristol County (P. O. Taunton), interest (J-J) payable at any Chi¬ road bonds was awarded to the proved by Ross, McCord, Ice & Channer Securities Co. Massachusetts Henry County (P. O. New Catle), cago bank agreeable to the Board Miller, of Indianapolis. Kentucky and the successful bidder. Legal¬ Bond Offering — Ernest W. Winnebago County School District IOWA Bond Sale—The $65,000 school ity approved by Chapman & Cut¬ No. 122 (P. O. Loves Park), III. Kilroy, County Treasurer, will re¬ ler, of Chicago. revenue bonds offered ceive sealed bids until 11 a.m. Ames Community School District, building Bond Sale—The $280,000 school Iowa July 1—v. 189, p. 2940—were (EDST) on July 14 for the pur¬ Cook County School District No. 68 building bonds offered June 25 awarded to Magnus & Co., at a chase of $45,000 Court House were awarded to Barcus, Kindred Bond Sale—The $500,000 school (P. O. Skokie), III. Loan, Act of 1957 bonds. Dated & Co. at a price of 100.013, a net building bonds offered June 30 price of 100.001, as follows: Bond Offering—Arthur E. Kent, Aug. 1, 1959. Due on Aug. 1 from interest cost of about 3.39%, as were awarded to a group com¬ $10,000 43As, Due on Dec. 1 from •Secretary of Board of Education, 1960 to 1968 inclusive. Principal 1960 to 1963 inclusive. follows: posed of The First National Bank, will receive sealed bids until 7 55,000 4'As, Due on Dec. 1 from and interest payable at the Na¬ $165,000 3'As. Due on Dec. 1 from of Chicago, William Blair & Co. p.m. (CDST) on July 15 for the tional Shawmut Bank of Boston. 1964 to 1977 inclusive. and Braun, Bosworth & Co., Inc., 1960 to 1962 inclusive. purchase of $420,000 school build¬ Skokie), Illinois Marissa, as 4s. Dated June 1, 1959. leman, Town , Bond Volume Number 190 5863 . . The Commercial and Financial Chronicle . (205) Legality approved Gray, Best, Coolidge Boston. Ropes,, Street by & Rugg, of Trust Company, Boston. Legality approved by Storey, Thorndike, Palmer & Dodge, of j Boston. ' ' Easton, Mass. Bond Sale—The $315,000 water ..... Newton, bonds offered July 1 were awar ded to Harkness & Hill, Inc., as 3.80s, at price 3.77%. of a 100.199, basis a Bond Sale school Treasurer, will and Mass. The - street $4,750,000 improvement bonds offered July 8—v. 190, p. 98 —were awarded > to a group headed by Eastman Dillon, Union of Essex County (P. O. Salem), Mass. Note Offering—Thos. F. Duffy, County purchase of $965,000 school build¬ Sault Ste Marie, School District, ing bonds. Dated June 1, 1959. Michigan Due on May 1 from 1960 to 1974 Note Offering — H. M. Blair, inclusive. Principal and interest Secretary of Board of Education, (M-N) payable at any bank or will receive sealed bids until trust company designated by the 5 p.m. (EST) on July 20 for the successful bidder. Legality ap¬ purchase of $165,000 tax anticipa¬ proved by Miller, Canfield, Pad¬ tion notes. Dated July 15, 1959. dock & Stone, of Detroit. Due on March 1, 1960. Principa East Grand Rapids, and Mich. Others is the account: White, Weld & Co., Lee Higginson Corp., Hemphill, for the purchase supply of $465,000 system Dated July 1960. Bond 16, Offering—Geo. E. 1959. & sealed Hayes, bids at the Second Bank State - Street Trust Co., Ill Franklin St., Boston, until 11 a.m. (DST) on July 14 for the purchase of $75,000 water bonds. Dated Aug. 1, 1959. pue Aug. 1 from 1960 to 1974 on bids at The First National Bond Offering—Philip Hendges, Secretary of Board of Education, Bank of Boston, Municipal Di¬ vision, 45 Milk St., Boston, until 11 a.m. (EDST) on July 14 for the purchase of $1,845,000 school bonds. Dated May 1, 1959. Due on May 1 from 1960 to 1979 in¬ clusive. Principal and interest City Treasurer, will receive sealed Principal and interest payable at The First National Bank of Boston. Legality ap¬ payable at the above - mentioned by Ropes, Gray, Best. bank. Legality approved by Ropes, proved Gray, Best, Coolidge & Rugg, of-j CooRdge & Ru&6> of Boston. will 8 Stoneham, Mass. tuJlow, Ma,,. • , Bond • tj t t- Offering—Hazel n,r Mor- E. ton, Town Treasurer, will receive sealed bids at The First National of Bank Municipal Di¬ vision,'45 Milk St., Boston, until 11 a.m. 4EDST) on July 16 for the purchase of $400,000 school bonds. Dated Aug. 1, 1959. Due Boston, Aug. 1, from 1960 to on 1979 in¬ | Note Sale Palmer & Dodge, of Boston. Bond Offering—Edward F. Bigelow, City Treasurer, will receive sealed bids at The Merchants Na¬ as bonds. "Due June on drain and 15 from 1969 inclusive. 1960 to 85,000 water bonds. Due on June 15 from 1960 to 1969 inclusive. 57.000 departmental bonds. 1960 Dated and Due from June 15, 1959. Principal payable at the Mer¬ interest chants 15 inclusive. 1964 to equipment June on National Bank Legality approved Thorndike, Palmer of Boston. by- Storey, & Dodge, of No. Fractional (P. O. 1 Bond Sale—The Co., 3.30s., at as price of 100.04, a 1960 Due on to 196.9 5,000 4:^s. Due 1970 to Bond Offering Murch, District — L. Everett Treasurer, Safe Deposit Co., 100 Boston, until 11 July 16 for the & Trust (DST) chase on of Dated I $1,150,000 July from 1, 1960 school bonds. 1959. Due on July inclusive. 1979 to Principal and interest payable at the above-mentioned Bank. Le¬ Gray, Best, Coolidge & Rugg, of Boston. gality approved by Ropes, Millis, Mass. lish, , Sale bids at the April 1 from April 1 from the to 4% Second — awarded to Bank of Dc- Dist. No. City School District, Mich. The $500,000 tax — until 7 p.m. (EST) on July purchase of $60,000 water supply system revenue Se¬ for 20 II bonds. Dated July 1, 1959. July 1 from 1961 to 1979 inclusive. Principal and interest Due system bonds. Dated Sept. 1, 1959. Due on July 1 from 1961 1987 & inclusive. Legality ap¬ by Miller, Canfield, Pad¬ Stone, of Detroit. March from 1961 1 1985 inclu¬ to sive. Michigan State Board of Education (P. O. Lansing), (Central Mich. University), Brighton, Mich. Bond Michigan Sale—An ' issue of $68,000 Mich. on 1968 inclusive. 18,000 Oct. general 1 from 1959 on 1968 to B bonds. Dated April 1 from. 1960 Sale—The $30,000 tax an¬ —v. 189, notes p. offered 2941—were June 29 awarded (P. O. 24425 Hass Ave., Dear¬ Offering Leo revenue of I960 to 1964 irujlusive. 105,000 3^s. Due on Oct. 3s, at a price of tax awarded of The to bonds. bonds awarded were Sanborn offered to July the 6 of First Bond Offering — H. R. Jones, Village Clerk, will receive sealed bids until 8 p.m. (DST) on July 28 for the purchase of $100,000 general obligation park bonds. Dated July 1, 1959. Due on Jan. ton, LeFevere, Lei'ler of Minneapolis. zen, were awarded Co., at a offered sewer June 30 to E. J. Prescott price of 4.13%, & as net inter¬ follows: on Aug. 1 from par, a est cost of $50,000 3%s. Due 1964 inclusive. .1960 to 30,000 3.80s. Due on Aug. 1 from 1965 to 1967 inclusive. 20,000 4s. Due receive 8 p.m. sealed bids (EDST) on until July 27 for the purchase of $120,000 school build¬ ing bonds. Due on Dated March 2, 1959. March 1 from 1960 to 1985 Principal and interest —• — - - at the Alpena will receive approved by Habernehl & Maden- (EST) July bids 20 until for 8 the about South 1972 inclusive. Due on Jan. I 4.48%. St. Paul Special School District No. 6, Minn. Bond sealed Clarence J. — bids until 8 eral Board sealed (DST) p.m. on July 27 $500,000 gen¬ school building of obligation bonds. Dated Aug. 1, 1959. Due Aug. 1 from 1961 to 1.979 inclu¬ sive. Callable as of Aug. 1, 1970. on Legality approved by Dorsey, Owen, Scott, Barber & Marquart, of Minneapolis. MISSISSIPPI" Special Independent District, Minn. until Aug. (State Offering 4 for the school road Sale—An and awarded Bank of and 3s. on issue of bonds wa3 First National the Memphis, 'M^s, 33/js, 15, 1959. Duo as Dated June June 15 clusive. from 1960 to 19159 in¬ Interest approved (J-D). Legality Charles & Trauer- by nieht, of St. Louis. Kosciusko Municipal Separate District, Miss. School building $600,000 bonds wa3 awarded to Lewis & Co., as 4s, 33/4s and 3%s. Dated June 1, 1959. Due March 1 from 1.960 to 1974 on inclusive. Charles Legality & approved Trauernicht, of by St. . Leake County (P. O. Carthage), Mississippi Stafford State Auditor, will receive bids until 10 a.m. (CDST) $220,000 bridge to Louis. of) — West Point)3 O. Mississippi Bond Bond Sale—An issue of Offering—Sealed bids will received King, Offering for the purchase school School Jaffray Swedberg, Secretary of the of Education, will receive from 1973 to 1977 inclusive. Minneapolis Piper, net interest cos$ a Clay County (P. $155,000 gen¬ eral obligation bonds offered July 1—v. 189, p. 2838—were awarded to a group composed of Juran & Moody, Inc.; Kalman & Co., and E. J. Prescott & Co., at a price of par, a net interest cost of about 4.42%, as follows: 45.000 4.30s. to Hopwood, at of - Jasper, Minn. $194,000 Series 6 certificates. Due July 1 inclusive. on 2,240,000 Due 1970 Bank, Alpena. berg, of Alpena. Legality on from 1968 to Bonds Not Sold—No bids were submitted for the $250,000 indus¬ trial plant bonds offered July 7. Series 7 certificates. July 1 from ^1965 to 1 from 1962 to 1968 County Supervisors (P. O. Greenville), Mississippi Bond Sale—The $750,000 indus¬ offered June 29—v. trial bonds 189, inclusive. July Washington District No. 3 1970 826,000 Series 8 certificates. Due on payable p.m. sealed bonds Sale—The Bond $45,000 school offered July 30 Aug. 1, 1968 and on 1969. Minnesota Savings on & Minn. 1338, awarded were Bond Marais, Minn. bonds system Duo Sale—The building Haert- & Sale—The $100,000 Bond 1959. Minneapolis.^ No. , Grand 1, John Offering (M-S) J. Dated Aug. Bond gality approved by Howard, Pres¬ on July 21 lor the purchase of Yake, $3,602,000 aeronautics certificates of indebtedness, as follows: Secretary of Board of Education, will Minn. Rochester Common School District Michigan — 232, payable at any suitable bank des¬ ignated by the successful bidder. Brooklyn Center, Minn. Certificates Cole, Secretary of Board of Education, — Independent Sch. Dist. Legality approved by Dorsey, Owen, Scott, Barber & Marquar.t, Bank (P. O. Ossineke), Minneapolis)f Feb. 1 from 1962 to 1981' inclu¬ sive. Principal and interest (F-A) MINNESOTA 1, Township Consolidated Sch. Dist. O. on Michigan Corp. of National from Bond Sale—The $400,000 school building par. Detroit, at 2.75% interest. (P. No. of $1,950,000 $25,000 purchase notes were building bonds. anticipation 1 Offering—Eugene Hanson, West Bloom field (Township), and District Clerk, will receive sealed bids until 7 p.m. (CDST) on July Keego Harbor and Sylvan Lakes 16 for the purchase -of (Cities) School District No. 5 $230,000 school building general Fractional (P. O. Orchard obligation be issue Jan. on 1970 inclusive. Offering—H. Peterson from 1 1965 to 1968 inclusive. Series florae Finance and Sale—An inclusive. born), Michigan Bond issue Michigan Bond Mich. An — Community Sch. Dist. No. Note 1959. Principal and interest (A-O) payable at any bank or trust company in the State of Michigan as designated by the successful bidder. Le¬ gality approved by Miller, Canfield, Paddock & Stone, of Detroit. ticipation as to 1, Falls, 1968 to Jan. 1 from. on inclusive. 25,000 3.90s. Due Bond awarded to the Fed¬ was Housing Novl inclusive. Oct. bonds eral Agency, obligation Due Sale 3.97%, street 1969 to $826,000 dormitory $26,000 street improvement bonds. Due Additional of about " $75,000 4s. Due oil Jan. 1 from i960 Offering—Roger R. Reh- dormitory revenue Series A bonds to 1988 inclusive. City Clerk, will receive was awarded to The First of Mich¬ 35,000 4}4s. Due on Jan. 1 from bids until 7:30 p.m. (EST) igan Corp., at a price of 98.15. July 16 for the purchase $44,000 bonds, as follows: 1967 & Bond berg, of A. Degen, $221,000 special Village Clerk, will receive sealec! improvement bids until 7:30 p.m. (CST) on bonds offered June 29-—v. 189, p. July 20 for the purchase of $20,000 2941—were awarded to the First improvement bonds. Dated Aug. of Michigan Corp. and Braun, 1, 1959. Due on Feb. 1 from 1961* Bosworth & Co., Inc., jointly, at a to 1970 inclusive. Legality ap¬ price of 100.086, a net interest cost proved by Howard, Peterson, Leof about 3.64%, as follows: Fevre, Lei'ler & Haertzen, o£ $116,000 4s. Due on Oct. 1 from Minneapolis. on sealed bids until 4:30 p.m. (EST) on July 30 for the purchase on July 20 for the purchase of $50,000,000 trunk line highway, $800,000 general obligation Series II revenue bonds. Due on water to Bond Sale—The assessment the (EST) of 1961 1 from 1962 to 1981 inclusive. Le¬ Marshall, Mich. Offering — Normal Holt, Clerk, will receive sealed & Minnesota 18 Bond cost Morningside Trenton, a O. Horton), Mich. Sale—The $24,000 tax an¬ of¬ 2838— p. bain M. $70,000 3.70s. Due of Sch. interest were — $95,000 follows: as offered McDonald-Moore 189, to'J. awarded The — indebtedness 29—v. - net Co. ceive Bank- (EDST) on July 16 for the purchase of $1,568,000 school proj¬ ect loan bonds. Dated Aug. 1 1959. Due on Aug. 1 from 1960 to 1979 inclusive. Principal and interest payable at the Second Bank-State a.m. National award¬ were interest. bids inclusive. on to the First National Bank, of State Street Trust Company, Mu-\ Crystal Falls, at 4% interest. nicipal Department, Second Floor, II Franklin Streeet, Boston until Dearborn Township Sch. Dist. No. 4 11 ed July 1 building bonds v. 189, p. 2941 ; Co., Inc., and the Allison Williams Co., jointly, at a price of par, a Sale—The $160,000 school and Bond notes offered July 6 (J-J) payable iitTthe Michigan Na¬ 190, p. 98—were awarded to tional Bank of Marshall. Legality the Security National Bank of approved by Miller, Canfield, Battle Creek, at 2.95% interest, Paddock & Stone, of Detroit. plus a premium of $50. Michigan (State of) Bay City, Mich. Bond Offering—John C. Mackie, Bond Offering—Oscar A. Kase- Sta te High way Commissioner, will meyer, City Comptroller, will re¬ receive sealed bids until 11 a.nm Note Offering—Joseph F. Eng¬ Town Clerk* will receive sealed Note Cedar Sale ,oi June were , (P. 1974 inclusive. Crystal Bond fered Lake), Mich. ^Yterestj.i City School District, Mich. Sale—The $395,000 school Note anticipation a.m. pur¬ Mich. —v. will receive sealed bids at the Boston Franklin St., Jackson), at 3.50% son,, R. F. D. on Mendon-Upton Regional Sch. Dist. .(P. O. Mendon), Mass. O. notes was award¬ ed to the National Bank, of Jack- ries Battle Creek sealed basis of about 3.27%. 1989 anticipation tax $190,000 school bonds offered July 7—v. 190, p. 98 —were awarded to C. J. Devine & a (P. (P. O. St., Lansing 6), Michigan N Bond site callable. Note ,§a|p-7-An issue of $75,000 j 1, Alma), Mich. $9,500 4Lts. dock . are Bond Sale—The $14,500 school ticipation notes offered July 1— v. 189, p. 2941—were awarded to building bonds offered June 23— the National Bank, of Jackson, at v. 18.9, p. 2837—were awarded to proved Medway, Mass.-. 1960 to East Jackson Public School District Hanover-Horton Township School District No. to Boston. Moorehead, Minn. Certificate | premium of $4.60. MICHIGAN Arcada follows: sewer from j'troit, at 2.40% interest, plus Note $230,000 .street, basis of about 8.51%. a July 16 on for the purchase of $372,000 bonds, 1 notes offered June 29 tional Bank, 28 State Streeet, Bos¬ ton, until noon (EDST) June oil inclusive. The bonds Middlesex County National Bank of Everett, as 3.60s, at a price of 100.41. until $1,410,000 school building bonds. Dated July 1, 1959. Due Garden McDonald-Moore & Co., at a price of 100.145, a net interest cost of about 4.61%, as follows: Marlborough, Mass. bids July 28 for the on mams notes offered July 7 — v. ]90 p 98_,vere awardJd t0 the clusive. Principal and interest payable at the First National Bank of Boston. Legality ap¬ proved by Store y, Thorndike The $68 000 sewer — sealed (EST) purchase of inclusive. Boston. receive p.m. 3701 revenue Noyes Rothschild 22 water Chase certificates place a & Bond Offering—Louis F. Batt- agreed upon with the successful Co., and Salomon Hutzler, as 3!2S, at a price jes, City Clerk, will receive sealed bidder. 100.28, a basis of about 3.46%. bids until 7:30 p.m. (EST) on July Sheridan Road Sch. Dist. & Co., L. F. bonds. Dated May 1, 1959. Due on Co., Francis I. du- May 1 from I960 to 1979 inclusive. Pont & Co., Dean Witter & Co., Principal and interest (M-N) pay¬ Great Weeden & Co., Goodbody & Co., able at any bank of trust Barrington, Mass. company Bond Sale—The $175,000 school Andrews & Wells, Inc., Loker, designated by the successful bid¬ bonds offered July 2 were awarded Sparrow & Co., and White & Co! der. Legality approved by Miller, to George P. Fogg & Co., as 3.40s, Paddock & Stone, of North Middlesex-Regional Sch. Dist. Canfield, at a price of 100.139, a basis of Detroit. (P. O. Townsend), Mass. 3.36%. Bond Offering — W. Francis, East Jackson Public Schools Dist. District Treasurer, will receive Lawrence, Mass. (P. O. Jackson), Mich. notes. at Bank, St. Paul, or aS Manhattan Bank, New City. Legality approved by Wood, King & Dawson, of New York City,. the York Bros. & of a.m. (DST) on July 14 for the purchase of $500,000 tuberculosis hospital mainten¬ ance payable National Securities receive sealed bids until 11 Due March 28, interest 57 p. 2838—were the First National mercial Bank and awarded to Bank, the Com¬ the Greenville inclusive. Bank & ville, at about 2.98%. Trust Dated July 1, 1959. Principal and interest payable at the State Treasurer's office, or at the First a Co., all of Green¬ net interest cost of Offering Bond Warren and Montgom¬ Gasconade, " National Bank, of Boston, State Street, Boston 6, until chants Herman), Mo. $155,000 school building bonds was award¬ ed to .Stern Bros. & Co., as SYas, 4s and 4V4S. Dated June 1, 1959. Due on March 1 from 1961 to 1978 inclusive. Interest M-S. Legality approved by Charles & Traucrnicht, of St. Louis. r ! Sale—An issue of Bond Bostoiv Monday, July 13, 1959 . . improvement bonds was Walker & Co., as airport Feb. 1 from 1960 to Legality approved by Charles .& (EDST) 2942—were awarded to a group composed of Mercantile Trust Co., St. Louis, at a price 6f 100.008, a net interest cost of about Due 3.90s. Ingen & Co. and J. B. Hanauer Co., jointly, as 3%s, at a price 100.03, a basis of about 3.87%. inclusive. and 1979. $49,000 —v. to a King Charles at & of Co., & 100.03, of price OHIO Township (P. O. 859 Midlothian Boulevard, East Youngstown 2), Ohio Offering —M. C. Simon, Bond Clerk will of Trustees, Board of until bids sealed noon 1977 3.80s as Bond Offering—Arthur to O. (P. Hospital Mietzke, Clerk of Board of .Super¬ 55,000 314s. Due on June 1, 1981. Due on June 1 from visors, will receive sealed bids un¬ til August 3 for the purchase of $54,510 special assessment road improvement bonds. * Carolina Offering Bond of) (State Gill, Edwin — sealed July 21 Dated bonds. May inclusive. Legality approved by Vandcr^ater, Sykes, Heckler & Galloway, of (M-N) payable in New York City, or art the State Treasurer's office. Oct. 1 from 1961 to 1998 Kamley, Mrs. — Peggy Clerk of the Board of Education, will receive sealed bids until noon (EST) on July 27 for Due 1959. 1, District Gilfillen, improvement May 1 from 1961 to 1979 in¬ clusive. Principal and interest Oct. 1, 1958. Due on bonds. Dated Offering Bond of purchase the for capital $3,000,000 School Cincinnati), Ohio. (P. O. . Local Hills Forest Treasurer, - will receive bids until 11 a.m. (EST) State on.... 1987 inclusive. to North 600 York City), East 233rd St., New Elyria Township (P. O. Court St., Elyria), Ohio Bond O f f e r i 11 g—Robert H. 325,000 3s. 1982 Misericordia from 1 from Due 011 June 1980 inclusive. 220,000 4s. basis ofv a to 1961 about 3.79%,. N. J. Brunswick), receive will Se¬ Y Boardman inclusive. Due 911 June 1 1976 inclusive. $680,000 6s. high¬ "bonds offered July 1 2838—were awarded garage 189 p. way New Middlesex County (P. O. Joseph, Mo. Offering—J. T. Singleton, Comptroller, City Carolina and land. Y. N. Sale—The protection St Bond Corp.. 1989 inclusive. 1982 to Bond Offering—Sister St. Alex¬ bonds offered June 5' ander, Stix & Treasurer, will receive were awarded to the First Na¬ sealed bids until 2 p.m. (EDST) Woods, Reinholdt & Gardner, and, of Toms River, as on July 14 for the purchase of Bankers Bond & Securities Co., tional Bank 3%s, at a price of par. $500,000 student nurse's dormitory Inc. Co., Smith, Moore & Co., Co., Yates, Heitner & Simon & Lee curities curities Corp. Hutzler, & Cornwall), Long Beach Township (P. O. Brant Beach), N. J. Bond Sale—The $50,000 beach M. I. account: the in Others of Wilson, Merrill Pierce, Fenner & Smith, Peeler & Co., Vance Se¬ Co., Lynch, from 1 Branch are: Trust J. syndi¬ Banking & of t h e members Other cate 280,000 SVas. Due on June 1 from• receive offered July 190, p. 99—were awarded to Bond July 2—v. 189, p. awarded to B. J. Van 2838—were Feb. 15, 1978 395,000 4s. Due on June on 1969 from group a Bros. offered bonds from Feb. 15 on 8—v. Due to ' 215,0.00 3s. Due on June 1 1978 to 1984 inclusive. . 260,000 514s. Due on June 1 from 1970 to 1981 inclusive. I school building bonds 6s. 1.963 (P. O. New City), N. Bond Sale — The $1,875,000 No. School District, N. J. Sale—The $330,000 school Bond from 1975 to 1977 ; Treasurer, will re¬ bids until 11 a.m. July 15 for the pur¬ on f$95,000 June 1 from on 1976 inclusive. to 30,000 4s. Due on June 1, 1977.. New York Clarkstown Central School District P. Silver Little 3.98%, as follows: 135,000 1972 (EDST) on July -22 for the pur¬ chase of composed of Salomon $26,700 special assess¬ Mount Airy, N. C. ment bonds. White, Weld & Dated July 1, 1959. feond Sale—The $1,350,000 sani¬ Due on Oct. 1 from 1960 to 1969 Co., John Nuveen & Co., F. S. tary sewer bonds offered June 30 Smithers & Co., First of Michigan inclusive. Principal and interest were awarded to a group headed Corp., and Courts & Co., as 4.20s, (A-O) payable at the Mahoning approved by Ropes, Gray, Best, at a price of 100.69, a basis of by the Wachovia Bank and Trust National Bank' of Youngstown. Co., of Winston-Salem at a price Coolidge & Rugg, of Boston. about 4.10%. Legality approved by Squire, of par, a net interest cost of; Sanders & Dempsev, of Cleve¬ NEW JERSEY Cornwall (P. O. 183 Main Street, 4.1372%, as follows: 189, p. $470,000 4s. Due on Feb. 15 1960 to 1974 inclusive. H. James $1,000,000 tax anticipation July 16, 1959. Due on Dec, 30, 1959. Principal and interest payable at The First Na¬ tional Bank, of Boston. Legality 7—v. July offered — Dated notes. Lindberg School District (P. O. St. Louis), Mo. Bond Sale — The $1,000,000 bonds City. York New chase of Trauernicht, of St. Louis. school Offering .Bourne, City ceive sealed 1959. Due on 1971 inclusive. 1, July Dated 3s. N. Manchester, Note awarded to G. H. p" 150,000 6s. Due (J-D) payable at the Exchange - Bank, Corn City. Legality ap¬ proved by Mitchell, Pershing, Shettcrly & Mitchell, of New York City. Company, Trust Midland Marine in me of par. $96,000 Sale—An issue of Bond or at New York, Buifaio, ern Chemical v Mo. Kirksville, of West¬ Company Trust Marine interest and interest (J-D) payable at the and Legality ap¬ proved by Hawkins, Delafield & 28 Monroe, N. C.\ 11 a.m. (EDST) on July 15 for the- Wood, of New York City. Bond Sale—The $635,000 natu¬ purchase of $925,000 school bonds. Cazenovia Junior College (P. O. Dated Aug. 15, 1959. Due on Aug. ral gas' system revenue bonds of¬ Cazenovia), N. Y. 15 from 1960 to 1974 inclusive. Bond Sale—The $653,000 dormi¬ fered June 30—v. 1$9, p. 2942— Principal and interest payable at tory revenue bonds June 30—v. were awarded to a group headed The Merchants Bank,' of Boston. 189 p. 2838—were awardecf to the by Interstate Securities Corp., at Legality approved by Storey, Federal Housing and Home Fi¬ a price of par, a net interest cost Thorndike, Palmer & Dodge, of nance Agency as 3s, at a price of "about 5.43%, as follows: O. (P. R-1 No. Districts Johnson, District Treasurer, will receive sealed bids at The Mer¬ Reorganized Sch. Counties ery School District, N. Hi — Kenneth R. Keene Union MISSOURI * chronicle.. Financial The Commercial and (206) 58 on the of $1,830,000 school bonds. Dated June purchase improvement 15, 1959. Due on June 15 and Dec. 15 from 1960 to 1982 inclusive. (CST) County Treasurer, will receive New York City. Legality approved by Mitchell, purchase of sealed bids until 11 a.m. (EDST) Pershing, Shetterly & Mitchell, of Principal and interest (J-D) pay¬ on July 16 lor the purchase of New York City Housing Authority, New York City. able at the Central Trust Co., ■> New York $950,000 general improvement Cincinnati. Legality approved by Note Offeriifg William Reid, Salisbury, N. C. bonds. Dated Aug. 1, 1959. Due Peck, Shaffer & Williams, of Bond (J-J) payable at any bank or trust on Aug. 1 from 1960 to 1969 in¬ Chairman, will receive sealed Offering—W. E. Easter- Cincinnati. clusive. company designated by the suc¬ Principal, and interest bids until 1 p.m. (EDST) on July ling, Secretary of Local Govern¬ Franklin County (P. O. cessful bidder. Legality approved (F-A) payable at- the County 14 for the purchase of $38,351,000 ment Commission, will receive Columbus), Ohio Legality ap¬ temporary loan notes. Dated Aug. sealed bids at his office in Raleigh by Stinson, Mag, Thomson, Mc- Treasurer's office. Bond Evers & Fizzel, of Kansas City. Offering — Eldon H. proved by Caldwell, Marshall, 10, 1959. Due on Feb. 23, 1960. until 11 a.m. (EST) on July 14 Trimbell & Mitchell, of New Payable at the Chemical Corn lor the purchase of $111,000 water Brown, Clerk of Board of County MONTANA York City. Exchange Bank, New York City. and sewer bonds. Dated June 1, Commissioners, will receive sealed sealed bids until 11:30 a.m. on the for 14 July $850,000 bonds. Dated Aug. 1,1959. Due on July 1 from 1960 to 1974 inclusive. Principal and interest — : . Billings, Mont. Offering—William J. Fry, Bond bids until 7:30 for the chase special No. 737 purchase of $5,840 district improvement District No. Water Bond Hardenburg Central School District bids until sealed receive will 8 (MST) p.m. Essex July on Due on Jan. 1 from 1960 to 1969 inclusive. Due Dated Aug. 3, 1959. and Hardin, Mont. H. Wil¬ Acting City Clerk, will re¬ son, 8 until bids sealed ceive on interest will be guaranteed chase $60,000 Special Improvement Dis¬ Dist. No. 2 trict No. 69 bonds. trict No. 70 bonds. Due from one to 15 years. NEBRASKA School District Jefferson County No. (P. O. Fairbury), Neb. 8 ing bonds awarded tis the jointly, Corp., cost to Wachob-Bender at interest net a about 3.99%. of meden, a as cost net interest follows: on of 1964. (EDST) chase 1960 from Bedford Trust School District, N. H. $70,000 school bonds offered July 2—v. 189, p. 2942 were — awarded E. to S. Dudley & Co., as 3.70s, at a price of 100.228, a basis of 3.64%. Coos County (P. O. Berlin), N. H. Note Offering—J. Arthur Sul¬ livan, County Treasurer, will re¬ ceive (DST) chase sealed on of bids until 2 p.m. July 14 for the pur¬ $100,000 notes. Dated July 22, 1959. Due on Dec. 1, 1959. YORK Amherst, Bond Town for N.Y. Offering—Harry R. Jones, Clerk, bonds the will as receive sealed (EDST) on July purchase of. $646,000 follows: $97,000 Various Improvement trict 549,000 1960 to Various bonds. Due to Due bonds. from on on 1984 June 1 inclusive. Water District June from 1960 June 1, 1959. Principal E. sealed bids his at leigh, until 11 a.m. (EST) on July 14 the for water Due to Due on 1969 15,000 town hall June 1 from York City, or at of Sanford, Bank gality York Ra¬ apparatus June 1 from bonds. Due on to 1973 in¬ clusive. Dated June 1, 1959. the National Sanford. Le¬ approved by Reed, Hoyt, & McCarthy, of New City. Smithfield, N. C. Principal (M-S) payable at the Greenhills, Ohio Bond Offering (EST) and to $131,000 water bonds offered June 30 sewer 2942—were awarded Bache & Co., at price of 100.215, 189, p. follows: $30,000 4s. 1960 * $55,000 municipal building completion bonds. Dated July 1, 1959. : Due on Dec. 1 from 1960 to f981 inclusive. Principal and interest on June 1 from 1963 inclusive. ' Due on June 1 from 1968 inclusive.' to to T972 Mansfield, Ohio Offering—T. C. Hoffman, Bond will receive sealed (EST) on- July .21 purchase of $28,000 assess¬ for the fnclusive. 1960 Medina, Ohio Offering—Everett O. Eng¬ Director land, receive (EDST) of sealed Finance, of bids until lows: $37,509 street improvement bonds. Due 1967 bonds 1 Thomasville, N. C. . Sale—The offered on Oct. 1 from 1960 30—v. 189, 2942—were awarded to a group headed by the Wachovia Bank & Co., of Due Winston-Salem, at price of "100:000, a net Interest cost of about 4.13%, as follows: a to inclusive. 71,452 street improvement $725,000 water June will noon July 23 for the^pur$108,961 bonds, as fol¬ on f' Bond to inclusive. ' ~ from Due bonds. 1964 chase - 1 from noon ment Due on June 1. 1973 1974. Bank National (Cincinnati) in Greenhills. Legal¬ ity approved by Peck. Shaffer & Williams, of Cincinnati. ; Bond 40,000 3^2 5. Due on June (J-D) payable at The Ohio Southern < Due to 46,000 3Vis. 1964 - a.m. July 21 for the purchase on a-net interest cost of about 3.48%, as 11 re¬ of bids until —v. will until bids sealed ceive W. Stanley — Clerk, Village Steinert, City Auditor, ' Sale—The Bond and inclusive. 1962 to interest Exchange Trust bonds. 1981 1962 payable "at -the ;.Chemical Bank, in " New (J-D) bonds, as follows: 1961 1, 1959. and from Corn p. fighting 1 Principal S400,000 of June Dated June on inclusive. leigh until 11 a.m. (EST) on July 14 for the purchase of $30,000 fire purchase bonds. 1969 in Due on Sept. 1 from inclusive.. Principal 1969 to interest Easter-: E. Easter- office 1960 f _ -- ling, Secretary of Local Govern¬ ment Commission, will receive Dis¬ $15,000 1989 inclusive. Dated Offering—W. C. N. Offering—W. 15,000 3%s. Waccamaw, N. C. purchase of $340,000 bonds. Dated July \, 1959. and ling, Secretary of Local Govern¬ ment Commission, will receive sealed bids at his office in Ra¬ NORTH CAROLINA Bond bids until 2 p.m. 14 Buffalo. Company, \ NEW Sale—The Bond inclusive. Legality approved by Vandewater Sykes, Heckler & Galloway, of New York City. Lake NEW HAMPSHIRE 1966 Principal and interest (A-O) pay¬ able at the Manufacturers and (EST) on July 10 a.m. the for Sewer District No. 4 County Treasurer's office. will fire house bonds. to 15 ,4." Sanford, p.m. 1, 1959. Due on April Dated April 1 2 14 for the pur¬ July on until bids of $33,500 Traders June 15, 1960 155,000 3I2S due on June 15,1962. 310,000 3%s, due on June 15, 1963 and sealed bids until Washburn Fel- E. Treasurer, District receive 3 Y. Offering—Karl Bond Mexico offered July 1 were $310,000 3s, due the Kirkpatrick-Petand 1961. and Co. (P. O. Buffalo), N. Municipal Sch. (P. O. Las Cruces), school building bonds offered June 30—v. 189, p. 2838—were awarded to a group composed of Quinn & Co., Lucas, Eisen & Waeckerle, Inc., and Boettcher & Co. at a price of 3.54%, & t No. District Fire Wesf Seneca Sale—The $775,000 Bond 100.026, $595,000 build¬ Bond Sale—The by Hawkins, Delafield Wood, of New York City. MEXICO New 26,000 Special Improvement Dis¬ (J-J) payable at the Liv¬ proved County Ana Dona purchase the for 14 ingston Manor National Bank, Livingston Manor. Legality ap¬ p.m. NEW July interest York. July 21 on F. Wilfred of $258,000 school bonds. Dated July 1, 1959. Due on Jan. 1, from 1960 July 1, 1961. Principal to 1979, inclusive. Principal and on bonds are call¬ able. Legality approved by Haw¬ kins, Delafield & Wood, of New for the pur¬ of $86,000 bonds, as follows: (MST) — 1962 to from 1 1 City. Bond Smith, District Clerk, will receive sealed bids until 3:30 p.m. (EDST) by the City. The Bond Offering—Robert Offering Bond 1,680,000 to National State Bank. 560,000 to Bank of Commerce. purchase of $9,000 spe¬ assessment water bonds. 20 for the cial Trust to -National Newark & Banking Co. -1,680,000 York New York Co. June on Principal and interest (J-D) Manor), Livingston O. (P. 2 1959. Due 1973. payable in New York City. Le¬ gality approved by Read, Hoyt, Washburn & McCarthy, or. New Liberty, Neversink, Colchester, Andes and No. $1,680,000 to Fidelity Union Motxt. Offering—Caleb Arnestad, Clerk, City 35, Callicoon, Rockland, underground parking fa¬ cility bonds, in the amounts in¬ Special Improvement Bank City. Lane, of New York & dicated: Cut MeGovern pur¬ porary 1959. bonds. Dated Aug. 1, to Sullivan, by Hanrahan, Donovan, issue of $5,600,000 tem¬ an approved Legality J. following New¬ agreed have banks ark (MST) on July 21 N. Authority, Parking Bond Sale—The sealed receive will Clerk, City Newark . on Oet. 1 from bonds. 1960 to 1968 inclusive. Dated and July interest Savings 1, 1959. Principal (A-O) payable 'at Deposit Bank Company, Legality approved by Sanders & Dempsey, of Medina, O. Squire, Cleveland. :■ $180,000 6s. Due June 1 from 1961 to 1966 inclusive. "* T Montpelier, " 30,000 5s. Due on June I, 1967. 120,000 3%s. Due on June l from 1968 to 1971 inclusive. ' Bond Offering — Ohio " Erma I. De- Grolf, Village Clerk, will receive sealed bids until 8 p.m. ("EST) on Volume Number 5863 190 . . The Commercial and Financial . Chronicle (207) July 20 for the purchase,of $35,000 water system improvement OREGON the Farmers at Bond State & Savings bids Bank, Montpelicr. 14 Legality approved by Squire, Sanders & Dempsey, of Cleveland. until Ohio (State of) Bond Offering—Ted. W. Brown, Secretary of State and President of the Commissioners of the Sink¬ Fund, »b ids will receive 15 1959. C bonds. Due from Dated 1959 the at tral National the at or Northern in Chicago, Bank of bids 20 Cleveland, of v hospital, Series' B offered June 30 8 p.m. (CST) purchase of July $240,000 on muT : to. Principal and in¬ terest /(F-A) payable at the City Treasurer's office. Legality approved by. /Shuler, Sayre, Winfree Rankin,, of Portland. Corp.,. Wm. J. I Field, Richards & Dated'July 1, 1959. Due on Aug. i 1 from 1960 to 1965 inclusive/ Co., Merrill Lynch,. Pierce, Fen- ' Principal and interest (F-A) pay¬ ner & Smith, and Sweney, Cartable at the City Recorder's office. wright & Co., as 4/4s at a price. 01 100.24, a basis of about 4.22%. I Legality approved by Shuler, /Sayre, Winfree & Rankin of Port(P. O. 308 South Road, Columbus ling Bond City Auditor, the . Year' Hand. Ohio \ Offering-—Walter, Helper, bids until for 13), will Road Due of bonds. $432,110.9,0 1 from 1979 inclusive.1 The bonds able. at the / Ohio 1960 Jo are pay¬ State. Bank , Whitehall/ Legality approved: by, Sanders & Dempsey, of Squire, „ 1959 July 1, 1959. Due from 1961/ to 1980 Munhall School bonds. Bond Feb. 011 Oregon Offering — Genevieve Bond 1974. Principal and interest (F-A) Cleveland. payable at the County Treasurer's Wilmington City School District, office. Legality approved by Shu¬ Ohio i ler, Sayre, Winfree & Rankin, of Bond Sale The $1,150,000 'Seattle. school improvement bonds offered Lane County School District No. 19 July 8 — v. 189, p. 2639"— were , awarded to /Others in the account: . ... were Smith, B. J. Van Ingen & Co., Inc., Stranahan, Harris & Co., and Breed & Harrisoh' Inc. receive chase tion 1 bonds ... lows: offered June 1960 29 View, the were (P. Okla. Sale—The to Liberty National Bank Co., of Oklahoma City. ' ■ Southeastern "... well, will 8 receive / " 1979 on Aug. 1, from 1960 1 from Jordan . District Clerk, 8:30 Offering—Ellen Secretary Directors, bids .■ State sealed bids at his will receive office in Bond- - the Dated June 15 from 15, revenue 1959. Due on ; Marion 1961 [ July 2, County School Dist. No. . * ',7* July $40,000 of as transportation bonds. "1,000 County Bond Independent for Bond 000 (P. O. Freedom), Oklahoma — The equipment June 30 were .j Marion $8,000 trans¬ bonds awarded of¬ to Freedom State Bank of Free- 'dom, as 3/4s. land* " j of Bonds & obligation July 2—v. sold. Sold—The bonds 189. p. 2839—were not group was awarded headed by Ira price of 97.50, a cost of about Haupt a net 4.646%, as /' Feb. 1 from 1963 to 1966 } inch; $30,000* 3%s due on Feb. 1, 1967 and 1968; $15,000 3.80s, due on Feb. 1, 1969; $20,000 3.90s, due Feb. 1, 1970; $20,000 4s, due on Feb. 1, 1971; $20,000 4.05s, due on Feb. 1, 1972, $20,000 4.10s, due on Feb. 1, 1973; $20,000 4.15s, due on Feb. 1, 1974: Feb. Kimball, $20,000 4.20s, due on 1, 1975; $20,000 4/4s, due ' 6 offered the to July Bank 6 of 3.95s. as v Dated July 1, 1959. Due on July fromv 1960 to 1971 inclusive. TENNESSEE Crockett County (P. O. Almo), Tenn. Bond Offering—Wayne T. PosCounty Chairman, will.-re¬ bonds, ceive (CST) chase sealed bids until 1:30 p.m. 1961 on of to Chase Deane ! Aug. 1, in 1999. the & syndicate: Scribner, inclusive. East¬ and Warren Manhattan Bank Washington County, Pa. Madison Tennessee offered June 29 $1,950,000 bonds were Company, of St. Louis, at a price interest cost of about 4.23%,. as follows: $1,800,000 school bonds,, wer'e awarded and Pa. $1,325,000 school a fol¬ $1,305,000 1 from 4/4s, 1970 to due on 1975 in¬ clusive. offered to as lows: $495,000 4s, due on Jan. 1 from 1961 to 1969 inclusive, bonds. bonds awarded to group headed by J. C. Bradford & Co. and1 the Mercantile Trust a Aug. 26, for the of $300,000 county im¬ Bond Sale—The New County (P. O. Bemis), Bond Sale—The Jan. revenue in of par,;a net Bond Offering—Sealed bids will York, Principal (J-J) payable at the City. Legality approved by Caldwell, Marshall, Trimble & Mitchell, of New York City. be received until purchase 1985 interest York W. York & Company. issue of $1,070,- bonds Series 1959 1 Trust $345,000 sewer bonds, as follows: $30,000 3s, due on Feb. 1, 1961 and 1962; $60,000 3/4s, due on Port- $85,000 offered Co., at follows: County Jefferson School Not Street awarded were ton, bonds, Aug. 1, 1966. on Aug. 1, 1973; 4V4S, due on Aug. 1, and 2,025,000 4%s, due provement Sale—An a interest No. 14CJ (P. O. Jefferson), Ore. general Broad revenue to - • the 134 Aug. 1 from Shuler, 1959. July 15 from 1961 to 1968 of on due Municipal Authority, Pennsylvania 1960 to 1969 inclusive. Principal by John 15, Honesdale and interest payable at the County office. Legality ap- Sch. j proved 6 Sale portation the j j . Dist. No. -■ equipment on p.m. Philadelphia. Legality approved by Townsend, Elliott & Munsonof Philadelphia. Salem), Ore. Aug. 1,'1959. Due re¬ Company, building equipment bonds. \ Treasurer's Woods fered I 8 Principal and interest payable at the Prospect Park of¬ fice Legality approved of bonds provement & Dillon, Union Securities & Co., Goldman, Sachs & Co., Kid¬ der, Peabody & Co., Merrill Lynch, Pierce, Fenner & Smith, Dolphin & Co., Stroud & Co., Inc., Bachc & Co., C. C. Collings & Co., Moore, Leonard & Lynch, Singer, inclusive. t follows: on the suc¬ Bond Sale — The $25,000 gen¬ eral obligation sewer system im¬ and on for the pur¬ general obliga¬ July by the and on man until Dated financial any Kimball, S. Dak. 1974 13 on bonds. Due bids at designated Trustees SOUTH DAKOTA $45,000 . sealed tion Bohcl Offering—Marie Massey, County Independent Sch7 District Glt&rk, will receive sealed Colony)-, Okla. r; bids until 7:30 p.m. (PST) on July Bond Sale—An issue of $10,000 21 for the purchase of $40,000 bonds was awarded to Shoemaker general obligation bonds. Dated & Co., Inc., Pa. from awarded was assessment sewer 4%s, of Munson, Borough Secretary, will chase Dist. No. & (P. O. $9,000 to Offering—Walter T. Rein- (EDST) Washita i & ceive (P. O. Box Route 2, Box 245, ;> J. 15, in¬ hard t, j which rto bids were received.) June to 1984 inclusive. Legality approved by George Fagin, of Oklahoma City. ^ " on 1961 sewer Others Bond Offering—Nancy Vanscoy, originally..."offered bonds. Elliott Folcroft, (MST) District Clerk,, will receive sealed building extension improvement July 15 from Principal and Townsend, receive Capital Building,.Oklahoma ..bids until July 27 for the pur¬ City, until 10 a.m. (CST)' on J.yly, chase .Of $85,000 general obliga¬ 14 for the purchase of $128,000 tion, .bpnds." (These are the bonds and W. (EDST) p.m. Dated Jan. 1 July 28 from the pur¬ $750,000 school bonds. as follows: $20,000 33/4s, due; Dated July 1, 1959. Due from 1950 on. Aug. 1, 1966; $30,000 3.90s, to 1975 inclusive. due 011 Aug. 1, 1967; $30,000 4s, due on Aug. 1, 1968; $35,Ktioxville, Tenn. 000 4.05s, due on Bond Offering—John J) Duhcan, Aug. 1, 1969; $35,000 4.10s, due on Aug. 1, Mayor, will receive sealed bids 1970; $40,000 4.15s, due on until noon (EST) on July 21 for Aug. 1,1971; $40,000 4.20s, due the purchase of $1,000,000 school 011 Aug. 1, 1972; $85,000 4/4S, building Series D bonds. Dated due on Aug. 1, 1973; $40,000 July 1, 1959; Due on July 1 from Philadelphia. Fret- State student' union 8 bonds. on inclusive. ^ Colleges, until of of 1 3%s. Due 2,340,000 of Board of will receive Bank, by College (P. O: from 196! to 1970 inclusive. Durant), Okla. • Bond Offering—M. C. Collum, Marion County Jefferson Sch. Dist. No. 14CJ (P. O. Jefferson), Ore. Secretary of Board of Regents of Oklahoma as O. approved of p.m. $910,000 Township School Kimberton), Pennsylvania (P. payable institution; follows: Phoenixville. ^Legality Ore. R. will Nov. on inclusive. Mechanics-National Valley), bids until 1984 Feb.. on* inclusive. The bonds callable. Principal and interest (EDST) purchase a terest payable at the Farmers and inclusive. Offering—Hazel 1959. Due to Due 1982 (F-A) June 23, at a price of 97.00, a net interest cost of about 4.79%, as Pikeland 1959. Due 1967 Aug. a.m. group headed by Butcher Sherrerd and Reynolds & Co. p.m. July 14 for the purchase of $35,000 general obligation im¬ Aug. 1 from 11 the bonds to (EDST) July 21 for the purchase of $2,625,000 school revenue bonds. 1 1959. 1962 to Principal and interest (J-J) pay¬ able at any banking institution designated by the successful bid¬ Pennsylvania der. Legality approved by DanBond Sale—An issue of $3,250,- forth & Danforth, of Sioux Falls. 000 revenue on Dated until (EST) on July 16 for the purchase of $500,000 general obli¬ gation school bonds. Dated Aug. Delaware County Mu¬ nicipal Authority (P. O. Media), Pennsylvania until Trustees, bids Southwest on on July 13 for the purchase of $40,000 general obligation bonds. •Dated" July 1, 1959. Due on Jan. 1 & '• O. sealed on for j of Philadelphia. Bond Offering—William H. Von sealed fol- 29 general obligation, im¬ provement bonds. Dated Aug. 1, Downingtown Joint High School Authority' (P. O. Downingtown), School County. Sch. Dist. No. 81 Bond . ' .. as July $600,000 obliga¬ j 1959. Due on Aug. 1 from 1960 to 1, 1959. ! 1974 inclusive. Principal and in- Aug. Secretary, of sealed bids until 011 ' . bids Board Offering—George C. Beck, by Sinkler, Gibbs & Simons, Controller, will receive Charleston. , sealed of receive noon sealed , ,C. Carolina cessful bidders. terest payable at the to 1969 City TreasLegality approved by urer's office. Legality approved Perry & Pohl, of Pitts¬ ! by Townsend, Elliott & Munson, Hacht, will- are Bond Howard Offering—Larry R. Wells, Chairman 1, Aug. 1 from 1960 Bond inclusive. 880,000 '4/4s, due $30,000 water¬ works system bonds offered July 1 —v. 189, p. 2943—were awarded to Trust to: 1968 1969 Mountain Bond 4.307%, on July 15 inclusive. Prin¬ to City Offering — Ronald A. Borough Secretary, will Smiley, headed group Due 1970 inclusive. bonds 2731— p. 1959. Scranton, Pa. receive sealed bids until 7:30 p.m. (EDST) on Aug. 3 for the pur¬ chase of $50,000 Ruff in, burgh. ,i South Bond Board Bond District :: • to Shoemaker & Co.", at interest; cost of about 4.22%; h Malheur net a $720,000.'4V2S, due -v;v/-;/• awarded a to 189 15, awarded Orangeburg County School Dist. No. S (P. O. Orangeburg), town. Legality approved by Townsend, Elliott & Munson", of Philadelphia. Canonsburg, Pa. on p.m. July 14 for the pur¬ $155,000 general obliga¬ improvement bonds. Dated 1960 to Pohl,ao| Pittsburgh. Due 8 on proved by Burgwin, Ruff in, Perry Dated until — were cipal and. interest payable at the Security Trust Company, Potts¬ (EDST) bonds. bids Sale The $125,000 gen¬ obligation notes offered July Traywick & Co., Inc. g—Robert H. of July on July 29 $1,900,000 gen¬ eral obligation bonds. Dated Aug. 1, 1959. Due 011 Aug. 1 from 1960 to 1989 inclusive. Legality ap¬ provement Okla. Bond Sale—The $50,000 hospital : awarded net interest cost of: : OKLAHOMA Cyril, building sealed from for the purchase of White, i n e r « . Note Pottstown, Pa. O f f (EDST) Curry Road, Whitehall Borough, Pittsburgh 36), Pa. Bond Offering — Stanley Jarecki, Secretary of Board of School Directors, will receive sealed bids & as basis of about 4.08%. a Principal SOUTH CAROLINA McKinney, Borough Manager, will Township Sch. Dist. (P. O. 4900 East by First National Bank of Oregon, Portland, at a price of 100.03, a ■ 1 ■' obligation offered June 29—v. Fenner & 100.2998, 1959. Darlington County (P. O. Darling• ton), S. C. 2 of by Arthurs, 4%s at a price 1, payable at the York National Bank & Trust Co. Legality approved by Saul, Ewing, Remick & Saul, of Philadelphia. eral . p.m. ! ( Aug. interest Lestrange & Co., PENNSYLVANIA until 8 District, Pa. $250,000 gen¬ Aug. 1, 1984" 1985. Dated and obligation bonds offered June 29—v. 189, p. 2839—were awarded to a group headed Bond (P. Q. ,1030 G St., Springfield), ' Oregon Bond Sale—The $1,600,000 gen¬ eral McDon¬ ald & Co., Merrill Lynch, Pierce, Sale—The eral inclusive. — a group headed by- the Ohio Co., as 4s, at a price of 101.23) a basis of about" 3.87%'. /* . L members Joseph Lincoln Ray. Aug; 1, 1982 on 1983. and & Aug. 1, 1980 on 400,000 3.80s, due Blair & Noyes Principal arid interest (F-A) pay¬ able at the District Secretary's office. Legality approved by Shu¬ ler, Sayre, Winfree & Rankin, of tion $175,000 general obligation school building'■ bonds. Dated Aug. 1, 1959. Due 011 Aug. 1 from 1960 to in Series 4%s. of the syndi¬ Co., Inc., Hemphill, Co., Rambo, Close & Kerner, Inc., Warren W. York & Co., Inc., J. S. Hope & Co., and cate: receive general Jackson County School District No. 3ti (P. O. Rouge Dick,-; District Clerk, will receive /sealed bids, until 7:30 p.m. (PST) on JulyV2'l for the purchase of Dated- July .l,- Dec. on j River), receive sealed purchase, Poth 1959. -• (-EST) onnJuly.21 noon water revenue Baldwin inclusive. &■ Co.. Whitehall will on Other Portland. Garibaldi, Ore. Bond Offering—Arthur Phares, City. Recorder, will receive sealed bids until 8 p.m. (PST) on July 17 .for the purchase of $15,000 general "obligation sewage, bonds. The First Cleveland Mericka Secretary, bonds, as Feb. 1, 1999. on 1981. and sewer Due on and 200,000 33/4s, due 1979. 725,000 sealed bids until 8 p.m. (PST) on July 14 for the purchase of $75,000 1 *•'?• bonds awarded were until for. the & Ohio Sale—The $1,250,000 nicipal Bond District Dated .Dallas City,Ore, and 145,000 3.70s, due Feb. on 000 1959 July i, 1959. Due 1, 1976; $20,000 4.30s, 1, 1977, and $50,4.35s, due on Feb. 1, 1978 due City Water District, Ore. Offering—C. C. Wright, 1974 Legality approved by Bricker, Evatt, Barton, Eckler. & Niehoff, of Columbus. -* Parma, Treasurer's Series revenue Feb. on receive * from 1961 to 1980 incusive. general. obligation sewage treat¬ ment plant bonds. J$ated Aug. 1, 1959. Due on Aug. t from 1960 to Columbus. Bond pay¬ Offering—John B. Thomas, Clerk, will receive sealed City Com¬ Bank County water bonds. Dated inclusive. (J-J) Legality approved by Shu¬ -. the. Cen¬ Ohio National the 000 Pacific Bond ' 1974 in¬ Trust at or 1964 will 8 p.m. (PST) on July 14 for the purchase of $75,- Jan Portland.' Principal arid* interest (J-D) payable.at the State Treas¬ urer's office, or at the Bankers .Trust Company in New York City, or to Secretary, sealed bids until bonds. on ler, Sayre, Winfree & Rankin, of clusive. pany at office. /Sept.* 1,. to 1,960 July $95,000 obligation school Aug. 17, 1959. Due frorp able sealed (EDST) on Aug1, 11 for the purchase of $30,000,000 capital improvement construction Series on, of Principal and interest hobri until (PST) p.m. purchase general Dated ing 8 for-the Water District, Ore. Offering—C. C. Wright, District Offering—Vera M. Seppa, Clerk, will receive sealed District & Merchants City Bond No. 5 (P. O. Astoria), Ore. Principal and interest (J-D) pay¬ able Pacific Clatsop County School Dist. Dated July 1, 1959. .Due on Dec. 1 from 1960 to 1969 inclusive. bonds. 59 June group 150,000 hospital bonds, as fol¬ lows: $15,000 4s, due on July 1 from 1967 to 1969 inclusive, 30 com¬ posed of C. C. Collings & Co., Inc., Dillon, Union Securities and $135,000 4/4s, due on July 1 from 1970 to 1978 in¬ Co., Kidder, Peabody & clusive.. Co., Hemphiljk, Noyes & Co., Butcher & Other members of the syndicate: Sherrerd, and Grant & Co., as First National Bank of Memphis, Eastman & follows: $40,000 Merrill 3s, due on Aug. 1 from 1960 to 1963 inclusive. 90,000 3/4s, due 1964 to 1969 on Aug. 1 from inclusive. 200,000 3//2S, due on Aug. 1 from 1970 to 1974 inclusive. 40,000 3.55s, due 100,000 3.60s. due and on Aug. 1, 1975. Aug. 1, 1976 1977. 100.000 3.65s, due and on 1979 on Lynch, Pierce, Fenner & Smith, C. H. Little & Co., Union Planters Aug. 1, 1978 phis, National Interstate Herman Bensdorf Bank Bank of Mem¬ Securities & Co:, Corp., Provi- of Cincinnati, Cum¬ berland Securities Corp:, Breed & Harrison, Inc., Third National Bank in Nashville, Davidson & dent Co., Inc., Mid-South Securities Co., First U. S. Corporation, and C. Traywick & Co., Inc. Howard * / The Commercial and Tennessee Morristown, and revenue cation, 1977 to 1981 ^elusive, (King District Sewer BelleVue bonds offered The bonds are dated July 1, were j J959, 189 p. 2620—were U—, and those maturing in 1975 | group composed 61'' and thereafter are callable as ol , NOVA SCOTIA bids sealed receive will p.m. A purchase of $1,922,000 school •the (EST); on July 28 for Debenture Wash. County) (P. O. Seattle), tax awarded to a -j . 1,. , Hugiienin & Boothman, follows: Dallas. Sale—The $3,000,000 bonds offered July 189 2—v. io 2840—were awarded p. Bank, of Associates, at a cost of about 4.02%. Chase Manhattan the and York, interest net Offering—Conn Brown, of Texas a, , the of Directors of ] j n/i„ i » • Agricultural and Mechanical College of Texas (P. O. Austin), Texas Sale Bond — The Glore, by bonds. of cost interest 3.47%., about Permanent bonds: Fund July 1 on inclusive; on oI'DaTlas. 1 j as 1,360,000 4s due 1967 due 3.40s, due on July 1979 inclusive. from 1970 to bonds; Fund due on due July i inclusive: 1967 University $2,040*000 4s, Permanent 6,000,000 Hugiienin obligation ONTARIO • Mountlake jointly, at interest net as clusive. and Channer Securities Co., jointly, as 3;54s, at a price of 98.846, a basis of about 3.88%. Dated July 1, 1959. Due on July 1 from 1960 to to due on June from 1 21 for Bond disposal plant bonds. Dated First at (F-A) payable at the National Fort the bonds its - 1980 to 1993 inclusive. Dated and income awarded to is subject Principal payable at the First National Bank of "National Bank in Dallas. Karnes City independent School District, T exas Sale—The S850.000 school Bond herd, bids 15 Heights, Offering—Fred Hills Sale—The Water Arbo $21,500 Extension bonds fered June 25 were awarded to Northwestern No. from Securities to 1961 Co., Ltd., Mayor, will until for the 8 p.m. R. cil Shep receive sealed (EST) purchase of on July Saskatoon k • sealed enue $4,600,000 cor¬ $650,000 to 1984 inclusive. Due building Westminster, B. C. Debenture Offering—Wilfred A. municipal improvement bonds was awarded to the State, as 4s. at a Greene, City ceive sealed ' \ (PDST) on Comptroller, will re¬ bids until 330 School 13, Board Sash. issue of debentures was Dominion Securities Ltd., Wood, Gundy & Co. Ltd. as 6s. and A. E,. Ames & Co. p.m. July 15 for the pur¬ chase of $3,500,000 Queensborough price of' par. Columbian Securities Corp., at a and interest (A-O) payable at Wyoming County, County Board Toll Bridge revenue debentures. price of par, as follows: Petersburg Savings and American Of Education (P. O. Pineville), Due on July 15 from 1962 to 1981 $195,000 411'S. Due on July 1 from Trust West Virginia Company, in Petersburg. incl. Principal and interest (J-J) 1960 to 1968 inclusive. Bond Offering—Jesse W. Mor¬ payable at the Bank of Montreal, 355,000 414s. Dudfcon July 1 from Legality approved by Wood, King in major cities across Canada. & Dawson, of New York City. gan, Secretary of Board of Edu1969 to 1976 inclusive. Southwest Co.: Dittmar & Co., and 1960 No. Sale—An to Corp. BRITISH COLUMBIA Bond Sale—An issue of $450,000 Public awarded CANADA Neiv Martinsville, W. Va. 1979 incl. school bids until bonds. New to $763,000 bonds. (EST) on July 13 for the purchase of S828.000 sewage rev¬ house bonds offered Principal receive of purchase Simard SASKATCHEWAN as 1968 inclu¬ porate purpose Series A bonds of¬ City Coun¬ of was & Co., the Oshhosh, Wis. W. Va. issue debentures F. J. District 7:30 p.m. $900,000 July 2, were general improvement bonds. Dated awarded to a group, composed of Rauscher. Pierce & Co., Inc.: First April 1 1959. Due on April 1 from will 1960 from of¬ to Debenture Sale—The • 5%s and 6s. Due on July as sive. Bond 1979 Ont. 1 Sale—An school 414s. Dated Dec. 15, 1959. Due on 15 on The Separate Sch. Roman Catholic Debenture to Va. Co., & price of 96.11. O'Brien Board of Trastees of awarded Bond a ' Wisconsin . and Seattle-First Bank, both of Seattle, Dunbar, Gairdner 5%s at of was Due on June 15 from 1960 to Chicago, of Bank First as $275,000 1959. Bond Offering—The Colonial Ont. issue debentures school Madison Oakridge Sanitary Dist. from Bank, taxes. Juiy 1, 1959. interest Bond Federal Catholic Sale—An Debenture v r 15 July School Board, $200,000 Atkinson. Legality approved Sale;—The $150,000 general bonds offered June 2 the Due Roman Kitchener fered July 1 were awarded to a National Bond syndi¬ Offering—Bernadette 1VI. group headed by the Northern cate: John Nuveen & Co.; Raus- Ferris, Town Treasurer, will re¬ jointly, as 3'r)4s, a price of 100.029, Trust Co., of Chicago, at a price a basis of 3.74%. chcr, Pierce & Co.. Inc.: American ceive sealed bids until 7:30 p.m. of 100.004, a net interest cost of Securities Corp.; J. C. Bradford & (EDST) on July 22 for the pur¬ Seattle, Wash. about 3.63%, as follows: Co.; Dominick & Dominick; Ira chase of $90,000 school construc¬ Bond Offering—C. G. Erland$920,000 4s. Due on July 1 from Haupt & Co.; Wm. E. Pollock & tion bonds. Dated Aug. 1, 1959. son, City Comptroller, will re¬ 1960 to 1963 inclusive. Co., Inc.; Roosevelt & Cross, Inc.; Dye Aug. 1 from 1960 to 1979 in¬ ceive sealed bids until 10 a.m. 3,220,000 3.60s. Due on July 1 King, Quirk & Co.. Inc.; Johnston, clusive. Principal and interest (PST) on Aug. 3 for the purchase from 1964 to 1977 inclusive. Demon & Co.; payable at the Montpelier National of $5,000,000 general obligation 460,000 3.70s. Due on July 1, 1978 Stern Brothers & Co.; A. G. Ed¬ Bank, Montpelier, or the Mer-< improvement, Series No. 3 bonds. and 1979. wards & Sons: Fridlev & Freder- chants Dated Sept. 1, 1959. Due on Sept. Rational Bank ol' Boston. Other members of the syndicate king: Schmidt, Roberts & Parke; Lega&^r approved by Peter Giu¬ from 1961 to 1979 inclusive. are: Chase Manhattan Bank, Howies, Winston & Co.; Moore, liani, of Montpelier. Principal and interest (M-S) pay¬ Chemical Corn Exchange Bank, Leonard & Lynch: Cruttenden, able at the City Treasurer's office, VIRGINIA both of New York, Harriman JPodesta & Co.: Watiing,. Lerchen or at the fiscal agency of the Ripley & Co., Inc., Dean Witter & & Co.; Barret, Fitch, North & Co.; Bridgewater College (P. O. Bridge- State in New York City. Legality Co., Paine, Webber, Jackson & Kafi'ensperger. Hughes & Co.. Inc. water), V a. approved by Weter, Roberts & Curtis, Shearson, Hammill & Co., Bond Offering—-Lowell A. Mil¬ Shefelman, of Seattle. Grapevine, Texas Braun, Bosworth & Co., Inc., First Bond Sale—An issue of $425,- ler. Treasurer, will receive sealed Whatcom County Meridian School of Michigan Corp., Julien Collins bids until 10 a.m. (EST) on July 008 waterworks and sewer reve¬ District No. S05 (P. O. Belling& Co., Frantz Hutchinson & Co., 20 for the purchase of $450,000 nue bonds was awarded to the and Channer Securities Co. ham), Wash. dormitory* revenue bonds. Dated First Southwest Co,, as follows: Bond Sale—The $85,000 general Nov. 1, 1958. Due on Nov;. 1 from WYOMING $56,000 414s. Due on May 1 from 1961 to 1998 inclusive. Legality obligation bonds offered July 2— 1960 to 1970 inclusive. v. 189, p. 2840—were awarded to Sweetwater County Sch. Dist. No. 4 approved by Covington & Burling, the State Finance Committee. 65,000 44-jS. Due on May f1 from of (P. O. Rock Springs), Wyo. Washington, D. C. The issuer 1971 to 1979 inclusive. Bond Offering—Sealed bids will is not a public agency • and in¬ WEST VIRGINIA be received until July 21 for the 304,000 4.60s. Due on May 1 from terest on of 6s. as incl. awarded to the Peoples Na¬ tional 6, Separate and interest obligation were June June 8 Renton, Wash. 1 from The Bankers Bond Corp., Ltd., to sealed receive (CDST) on July purchase of $476,000 the sewage Principal interest (J-D) payable at the 1, of issue Sale—An $1,559,000 debentures was awarded Aug. 1, 1959. Due 011 Aug. 1 from 1960 to 1979 inclusive. Principal Treasurer's office. Legality approved by Preston, Thorgrimson & Horowitz, of Seattle. Town School Dist., Vt. Fort William, Ont. Debenture by Chapman & Cutler, of Chicago. June Ltd., on at a price of 98.285. from 1960 to 1979 incl. bids until 2 p.m. City VERMONT Moretown will or 630,000 4V2S, due on June 1 1983 to 1989 inclusive. awarded Wis. 410,000 4%s. due on June 1 from 1977 to 1982 inclusive. 1976 inclusive. to June 8, as 5%s, Due on July 2 of issue debentures was Bankers Corp., The on Milwaukee. Atkinson, Clerk, City Dec. 50,000 4.20s. Due on July 1974 inclusive. Le¬ $75,000 to Bond Offering—E. J. Garth wait, Se¬ 1969 inclusive. Dated 1971. 29 365,000 41/is, due on June 1 from 1970 to 1976 inclusive. and $3,360,000 3.40s. due on July 1 from 1970 to 1979 in¬ members Ont. from 1960 to 1979 incl. follows: as to 1962 20,000 4s. Due on July 1, 1970 and 4.54%, June Nuveen & to John gality approved by Quarles, Her- awarded was 4s, $295,000. $50,000 4.20s. Due on July 1 from 1960 to 1969 inclusive. ; 4 1972 about of cost follows: 1969; bonds A offered bonds awarded riott & Clemons, of & William B. Harper & Son & Com¬ pany and Blyth & Co., Inc., jointly, at a price of 97.00, a net interest ... King, Nelson & Co., a price of 100.009, a cost of about 4.162%, and building were school Sale—The $325,000 Bond Sale—An issue of $1,700,- Bond — and Other Belleville, Fergus, Ont. Debenture Sale—An Wis. Wash. Terrace, 000 water and sewer revenue ries and Prairie O. Burlington), (P. Fort unlim¬ ited tax schoolhouse bonds offered June 30 v. 189, p. 2944 — were awarded to Lovett Abercrombie Co. bonds B vJ ; at par.. Bond Sale—The $120,000 & Series gen¬ 189 p. 2732— awarded to the State, as 4s, were Spring Rochester, Lyons (Towns) Union Sch. Dist. Co., $125,000 25—v. offered June Texas from 1960 to $600,000 314s, Julv 1, 1968 and on eral j West Oso Independent Sch. Dist. i (P O. Route 3, Corpus Christi), July I, 1968 and 1969; and $2,240,000 Dumas, by proved University from 1960 to $400,000 (CDST) p.m. $886,000 corporate purpose bonds. general Washington Sale—The Bond at the American Na¬ tional Bank, Terrell. Legality ap¬ follows: $4,000,000 Sale—The $72,000 King County Federal Way School District No. 210 (P. O. Seattle), or Phelps, Forgan ^ j sealed bids until 2 bonds offered July G-, v. 189, p. 2840—were awarded to the State, as 414s, at par. revenue Series 1958 ^ from 1960 to 1 1981 inclusive. Dated Aug 19o9 D 0 On 1 Dallas, $10,000,000 Fenn & & Co., C. J. Devine & Co., and F. S. Smithers & Co., at a price of par, a net headed Co., J. City Clerk, will receive Wash. Bond Pl.;^inn1 anrf interest rF_A) nav_ Principal and ;nfpW (F-A) pay able at the First National Bank in July 8—v. 189, p. 2943—were awarded to a syndicate j3roehm, Ofterin g—Elden Sale—The $35,000 I Aug. offered bonds at obligation University]**"? of the J Board a.JOs, Bond i ! lone, sealed bids 25,000 municipal improvement until 5 p.m. (CST) on July 20 for bonds. the purchase of $250,000 street and , Terrell, Texas d r a i n a g e improvement bonds.' Bond Offering—H. W. Hindman, Dated Aug. 1, 1969. Due on Feb.; 1 from 1962 to 1984. Legality ap-j City Secretary, will receive sealed proved by Gibson. Spence & Gib- , bids until 7:30 p.m. (CST ) on July Con, of Austin. 14 for the purchase of $450,000 Board of Regents as Wis. Appleton, — 'v An issue of county -debentures was sold to a group composed of Nes¬ bitt, Thomson & Co., Inc.; Do¬ minion Securities Corp.; W. C. Pitfield & Co., Ltd., and the Royal Bank of Canada, as 5J2S, at a price of 96.07. 199-99' a bc*sis of ab )ut j on jujy 14 for the purchase of oVqu% N 70,000 sewer system receive will Mayor, V'+Rvfrk Bank Angeles Port u.88 -ft}:. $160,000 street bonds. 140,000 waterworks system bonds. Tex. Aransas Pass, Bond ~~ Bond schoolhouse New July 7 awarded to the Libby State of WISCONSIN offered' ing and equipment bonds Sale Debenture ' S. N. $598,000 u/lcrnMCiM Sale—The Bond \ County, | Dated July 1, 1959. Due on July Debenture Sale—An issue of general j. 1 from 1960 to 1979 inclusive. Plainview, Texas $1,400,000 debentures was sold to obligation bonds offered June 2—(Principal and interest (J-J) payBond Sale—An issue of $395,000 Dawson, Hannaford Ltd., Gairdable at the City Treasurer's office. municipal improvement bonds was v. 189, p. 2404—were awarded to ner & Co., Ltd., Deacon, Findley, awarded to the First Southwest the State Finance Committee, as Legality approved by Chapman & Coyne, Ltd., and Bank of Mon¬ Cutler, of Chicago. Company and First of Texas Cor¬ 414s, at a price of! par. treal, on June 8, as 5%s. Due on poration, jointly, as follows: Burlington (City), Burlington, June 15 from 1960 to 1979 inch Kelso, Wash. T exas .Bond Angeles), Wash. j $25,000 build- I Port * July 1 from Halifax & Trimble Marshall, j Mitchell, of New York City. O. July 1 from 1960 inclusive. 1979 to , . Consol. j Caldwell, Crescent School District No. 313 (P. Bond Sale—An issue of $40,000 schoolhouse bonds was- awarded 1972 to 1977 inclusive. to The Municipal Securities Co., 133.000 4Vis.'due on July 1 from as 4s. 4J/4s and 4^>s at par. Dated July 1, 1959. Due on July 1 from 1978 to 1980 inclusive. 1960 to 1979 inclusive. Legality TEXAS approved by McCall, Parkhurst, Crowe*, McCall & Horton, of Amarillo Independent Sch. Dist., inclusive. to 1971 1961 223.000 4 bis, due on t->- . County, Clallam Tex. Lela Independent Sch. Dist., 1 from 4s, due on July $294,000 of Dallas. $150,000 Sale—The of 93.83. Due on ■ n ss rgyle, N. S. municipal debentures were award¬ ed to Nesbitt, Thomson & Co., and Ltd. on June 10 as 5Ws at a price Bond Sale—An issue of $3,340,- ' 1^1959^Du^on°Aug. T from "i960 — . • ooo, various sewer revenue Series to 1969 inclusive. Principal The First U S Corporation. Lucien! July 1, 1974. Principal and inter- headed was awarded to a group 1 interest (F-A) payable at the D bonds p-. by Foster & Marshall, at a : g^ate Treasurer's office, or at the 3L. Bailey & Co.. and J. Osborn ! est (J-J) payable at the Frost nrinn nt «7 npf interest post of J Wood & Co., at a price of par, a i National Bank of San A^onio. price of 97, a net interest cost of j First National City Bank, NewYork City. Legality approved by approved 3 «. about 4.93 J . York City.- Legality aonroved bv net interest cost of about 4.34%,; Legality 24—v June Monday, July 13, 1959 ... . — ] until 7 WASHINGTON July 1 from 300,000 4%S. Due Oil 1 Sewer! Sale—rThe S650.000 Bond Financial Chronicle 1 (208) 60 on July 1 from 1960 to 1979.