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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
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A

ser

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Western

jnigc

87

86%

85

92%

95%

83 'A

83

81

82'-.

80'.:,
72
15

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VA

'70

—Jan-jnly
2019—April

58%

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a

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96

78

78

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% 101
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66

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debentures scries A

debentures series B
debentures

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75

96

97'A

80

93

97'A

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112

76%

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95

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97

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109

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105

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series

series

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1977

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series

E

debentures

scries

F

——Jan-July
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3981

4%s

debs

5%s debs
5s

series

G

series

II

debs series I

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.

April-Oct

.

3982

J tine-Dec

1982

scries

4%s
3%s

subord

J

debs series

Columbus &

3 981

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1983

;

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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—.

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Edison
refund

First and

mtge

refund

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—

of New

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._

2:!is

ser

A

ser

B

1911 .April-Oct

C

1972_Juue-Dec

refund

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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

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ref

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ref

M

1st

&

rer

M

1st

&

ref

scries

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series

M 4s

series

3s

conv

debentures

4s

conv

debs

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4%s

conv

1st

ref

1st

ref

M

M

N

ser

1982

O

El

2V11S

3VeS

5s

debentures

debentures

47/us

debentures

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_

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%

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5

72'A

78

74 %

75

7

73%

79

82 %

82%

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80%

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ser

&

ref

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82

75%

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82

87

19

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4

80%

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82

88".
87%

83

17

81%

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82

80 3

&

Detroit

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Mack

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10

80

31

91 VA

102%

124

101'.,

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30

89%

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84

94 VA

103 VA 104%

91'A

92'A

91%

110

ill

86

257

105%

119%

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112 V

a

113%

217

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78 VA

78 VA

78

gold

79%

76

87

86%

87

84 VA

84 VA

86%
84%

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*—
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1

Mar-Scpf
Aprll-Ocf

102

•'«

81

7

80'a

92

7%

105

103%

28

108%

93%

95'A

102%

6%

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87%

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5s

Inc

Co

&

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consol

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consol

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debs

A

ser

ser

3%s

mortgage

3'As

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1

Jan

East

Fair

15

ser
ser

2020

first mortgage

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Stores

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4s

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series' A
debs

conv

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subord

conv

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Co

debs

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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

——

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■

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%
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110%

90

108 Vb 111

951%

93

*93

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87

.

5

90 Vi

83%.

90'/a

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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%

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80 Vb

77

77 ?b

77%

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80%

97%

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•

-

80%

75%

77

82%
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—.

104

104

104 V

79

33

4

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87

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-

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108

96

90

91

33

96

98%

90

98"-

19

97

72 Vi

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70%

80

71

77%

72

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..

76%

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<1

83

93"a
;

•

88

93%

100%

93%

83

93 7«

95

*92

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89%

81%

28

'
'

95%

99

80

80

82%

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83

——

88

71

15

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79

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b

104'%

70%

9

74%

74

74 Vi

r

1

78'A

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99% 100%

64

99%

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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

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h

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98%

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44

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•

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83'2

1

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78

78

110

100:%

87%
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88

97 %

97?ii

83%
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80

80

83 VB

83%

85%

10

76%

84

I

75%

82 3i

25

99%

106'%

88

78%
100 %

91%

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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.