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z ISSUE MONDAY asssfflf *Ll9 1954 Ik a was Ghronicle Financial Reg. U. a Pat. Office New York 7, N. Number 5343 Volume 180 General RAILROAD Air Reduction Co., Inc.—To Expand . i t i* * * Price Y., Monday, July 19, 1954 INDUSTRIAL - - INSURANCE , a The SEC July on under that announced 9 Investment the Company Copy American Telephone & In This Issue the U. S. firm will god business.—V. 178, p. 2089. Among other payments, 10-year percentage In the Hong Kong Telegraph Co.—Earnings— Operating Stock and Bond V - Quotations it had given notice of a Act of 1940 to be held on 58,470,000 expenses 13 420,000 Federal taxes on income Page to determine whether, particularly in view of recent actions and current proceedings before the Interstate Commerce Com¬ Other operating taxes.. 15 27 31 Net operating income $ $ $ 69,043,514 310,030,000 281,514,807 50,720,091 223,130,000 212,163,298 7,161,000 38,420,000 25,824,000 4,576,348 18,490,000 17,449,441 84,200,000 revenues Operating t *1954—12 Mos.—1953 *1954—3 Mos.—1953 {Period End. June 30— $ Alleghany Corp.—Hearing July 27— hearing a MISCELLANEOUS - ing all the machinery. Facilities— This company has announced that the Lummus Co. has been awarded Ihe engineering contract for its vinyl acetate monomer plant at Calvert City. Ky. The plant, which will have a capacity of 30,000,000 pounds a year, is scheduled to be in operation early in 1956.—V. 179, p. 2469. -• $1 Corporation and Investment News PUBLIC UTILITY - >Mwt'STWlM 4,870,000 July 27 by that company should register and be subiect to SEC regulation under the Investment Com¬ pany Act. mission with respect originally Alleghany company the for an order Corporation, a with registered the SEC Cincinnati Stock Exchange Oct. 4, 19,45, by Alleghany and is not now an declaring it that ceased "has to be Detroit Stock Exchange Interstate that Act. Commerce in "if future the The order Alleghany of a to ceases subject Stock Toronto Stock Exchange—Curb Section Over-the-Counter Markets stating: The . . time of extension light of order SEC reasons given by for filing further contains hearing Total interest, is proceeds 1954. Richardson as with or determination by whether either or both to Mr. Murchi¬ will exercise all such rights to require purchase of these shares of stock presently owned by them. If Alleghany shall not Interests in Central stock through the exercise of these options Murchison and Mr. Richardson, it intends otherwise to or and Declared Dividends Central stock at any given time or price." hearing, inquiry will be conducted into the questions whether Alleghany is an investment company within the meaning of the Investment Company Act, whether it is subject to regulation by the ICC, whether the SEC exemption order of Oct. 4, 1945, should suspended or modified, and whether any proposed acts transactions by Alleghany require that it register as an investment revoked, and file 657. company applications appropriate with the Commission. {Consol. was charged 31,838,437 28,664,717 131,568,269 121,997,225 506,868,734 3,616,376 3,163,764 13,971,580 12,322,641 127,951,693 118,833,461 492,897,154 432,928,414 $2.79 $2.95 $11.49 $11.39 mated!. Federal announced from on bankruptcy July Sept. Capital Flotations for Month of April, 1954.. 3 that this h s c./uipany been dis¬ trusteeship.—V. 179, p. 821. American Investment 13, Payment, at the sinking fund redemption price of plus accrued dividends of 62.7 cents, representing July 1. 1954 to the redemprk-i date, wiJ be trade at Co.. trustee, New York, N. Y.—Y. 170, p. 2590. $100 per share, dividends from the Irving Trust Offered— is offering stockholders of record July 7 rights until purchase 52,876 shares of $1 par common at $12.50 per to 24 share and preferred shares at $48 per share. 32,669 offered American Investment & Development Co., N. Y.—Files will share company on July 9 filed American Machine & Foundry Co.—Continues Atomic atomic in development energy Metal Products corporation (par $20), which was made on July 8 by Reynolds & Co. at $21 per share, with a dealer's discount of 75 cents per share, was completed the following day. 153, The $2,300,000 ib A special offering of 10,000 shares of common stock (no par) was made on July 15 by Bache & Co. at $36.87^2 per share, with a dealer's commission of 80 cents per share. It was quickly completed.—V. 179, p. 921. Co. — Special Offering Amex Uranium Co., Inc., The SEC corporation covering to five at be June on 1,000,000 used cents to per pay of share, expenses a letter of common stock notification (par one This without underwriting. The proceeds incident to mining operations. The corporation has made an agreement Hong Kong that wKl result in the building of suoply zippers fj. T'ds riant M&iwi,,. will ig be in of one p. 2701." fiscal with a a manufacturer In 30 000-square-foot plant whh the South Sea Textile %«ch the American company suppy- conjunction Co. of Houj Kong, more than $22,000,000, President, said. year Refining Co.—Awards Contract— has awarded a contract to the Catalytic company Construction Vice-President, announced on July 14. to be built at Ashland's Number Two Refinery at will be designed to take a full range of naptha charge for upgrading motor gasoline. T. Ellwood Webster, President of Catalytic, stated that work on the Everett The F. Wells, Executive facility, new Catlettsburg, Ky., project is 1 underway and is expected months.—V. 178, p. 566. now Investment Associates Co.—Borrows to be completed in $1,500,000— borrowed $1,500,000 on 1%% and 1%% notes, 15, 1955, of which $1,000,000 was loaned from Weyerhaeuser Timber Co., Tacoma, Wash., lent at 15/b% and $500,000 from Electric This due has company June Bond New York, Share Co., & The proceeds will be borrowings.—V. at Attapulgas Minerals & The managements nounced that the 1%% used for working capital and to p. 2701. reduce short- 179, of Chemicals Corp.—Merger^ this corporation and of Edgar Bros. Co. an¬ of the two companies had been ratified by merger held on June 22. The name & Chemicals Corp. of America.— meetings of stockholders of both companies of the merged company Is Minerals 50. & Wilcox Co.—Two New Developments— relatively low-cost atomic research reactors, adapted for use In training badly needed personnel for the nuclear power Industry, as well as for conducting basic nuclear research and development, have Two been placed on the market by this company's Atomic Energy Division, according to C. H. Gay, Vice-President in charge of the division. designs are modified versions of the declassified "water boiler" arri "swimming pool" reactors developed at Los Alamos, Oak Ridge aiHi other installations of the Atomic Energy Commission, Mr. Gay B&W's Asia and the Pacific. built ratio Philadelphia for the design, procurement and construction of a new 6,000 barrel-per-day houdriformer unit and prefractionation section, Babcoek with the to be cent) Anchor Precision Corp.—Plans Hong Kong Plant— to 179, 1954 will have sales of in the for — Seattle, Wash.—Files— filed 29 shares the common holders are being basis. Unsubscribed shares of term American Optical in ended July 31, 1954, likewise will establish a record. Argus earned 27% on capital in fiscal 1953 whea net profits were $1.96 a share.—V. 179, p. 1665. Earnings Co.—Special Offering—The stock p. likewise, l-for-10 rights Argus Cameras, Inc.—Sales at 23-Year Peak— special offering of 2,800 shares of 5 V2 % cumulative pre¬ 180, a not underwritten.—V. are approximately 11 —V. held; on offered publicly. ouermgs This new ferred 10 also being biggest in its 23-year history, Robert E. Lewis, since days of the U. S. Atomic Energy program, this company has American each stock Ashland Oil & the earliest developed, designed and manufactured a variety of special atomic energy equip¬ ment. The company Is engaged in contract work on reactor equipment and reactor systems design for the Atomic Energy Commission, its contractors and private firms working to develop economic- nuclear power. In addition to research reactor development, AMF's own atomic energy program includes development and engineering "of reactor equipment and package atomic power plants.—V. 179, p. 2138. engaged offered are a Energy Development— Actively for common be Ihe letter of notification with the SEC covering $25,000 of senior preferred stock (par $100); $23,000 of participating preferred stock (par $25); 1,200 shares of voting common stock (par $1) and 700 shares of non-voting common stock (par $1), all to be placed privately at par, without underwriting. The proceeds are to be used for working capital. The holders preferred preferred offered 4,000 shares outstanding.— shares company The Illinois—Redemption— has called for redemption on Aug. cumulative prior preferred *tock. The company 5^4% Co. of of expects to raise will be used to 1 educe bank loans. Co.—Out of Bankruptcy— 6 number average on Arden Farms Co.—Securities The 50 System Co. {Based 180, p. 49. 49 Reserve & Telegraph Co. and its principal telephone proportionate interest in net earnings of West¬ and all other subsidiaries not consolidated (partly esti¬ Telephone {Includes Electric ern of Statement of Member Banks earnings subsidiaries. V. Reserve Banks stk. share per —14 49 Payable Exchange Rates Condition are its 445,251,05» 62,556,129 mi¬ Co. V. 180, p. American Bantam Car of 562,617,596 117,366,541 628,674,385 121,805,651 inter. ♦American —V. 178, p. It to T. & At the July 27 or 1 50,661,942 income—. nority Combined Condition Statement of Federal Central acquire by Mr. acquire stock of Central with the proceeds from the payment of such notes It holds from Mr. Murchison and Mr. Richardson, or from other funds available to it. This, of course, does not constitute a representation by Alleghany that it will purchase in the market any given amount be 163,406,706 income.. Appllc. SEC on April 8, 1954. of understanding no Mr. or the 11-15, July "There Of 549,686,990 78,987,395 141,996,821 deductions.. Int. quotation from the following which, together with temporary bor¬ rowings of $5,000,000 from Allan P. Kirby and $7,500,000 from k group of banks, were applied by Mr. Murchison and Mr. Richardson to their purchase of their 800,000 shares of Central. They have the right to require Alleghany, at their several options, to purchase from them up to a "total of 400,000 of such shares, but only between July 15 and Sept. 15, 1954, at $25 per share. If they exercise in whole or In part such options covering 200,000 of their shares, they must also contribute an equal number of shares, which, with the shares so purchased by Alleghany, must be subjected to joint venture agreements with Alleghany under which, in effect, Alleghany will provide the capital, will be entitled to half of all income and profits and will be guaranteed by such other parties against losses. Mr. Richardson *lso has the right to require Mr. Kirby to purchase from him 200,000 -additional shares of Central stock at $25 per share between June 1-10 any 131,925,088 18,736,854 500,061,467 21,409,885 Net oper. inc... Redemption Calls and Sinking Fund Notices__50 Foreign which has sold all of its Chesapeake & Ohio Ry. Co. stock, intends to acquire New York Central RR. Co., stock from time to time. It holds short-term notes of Clinton W. Murchison and Sid W. Richardson totalling $7,500,000 due Sept. 15, 1954 and bearing son 1954—12 Mos.—1953 $ $ $ Appllc. to A. T. the declared for dividends. REPORT revenues.. {Other income "Alleghany, and EARNINGS 1954—3 Mos.—1953 31— $ Investment News. Cover State and City Bond Offerings. 55 The Course of Bank Clearings.. .47 Alleghany Corporation for the response do not warrant the statement filed by Alleghany with the the proxy : CONSOLIDATED 1,176,756,073 1,092,597,503 4,548,290,614 4,204,490,349 Oper. expenses.. 812,348,375 760,316,740 3,164,215,685 2,965,441,867 Fed. taxes on inc. 127,322,183 114,431,500 479,397,079 413,221,460 Other oper. taxes 95,088,694 85,829,175 354,990,860 325,765,555 General Corporation & policy and purposes of the provisions of the Investment Company Act enacted by Congress in the public Interest and for the protection of investors, the SEC has been con¬ cerned with the question whether Alleghany should be regulated under the Investment Company Act, particularly in view of Alleghany's investment activities which appear primarily and predominantly those of the ordinary closed-end investment company. the 4%s% they have been received by the company as SYSTEM Per. End. May Oper. Miscellaneous Features Alleghany that request." said of granting The extent that Net should - be declared to be no longer subject to certain provisions of the Interstate Commerce Act. In support thereof, Alleghany stated, in part, "Requiring Alleghany now to assume non-carrier status would involve numerous changes, and would be unnecessarily, burdensome were Alleghany to be shortly thereafter required to resume carrier status." Alleghany's request for an extension was denied on July 1, 1954, by the ICC in an order In of 5, contemplates which for June, 1954 partly estimated. {Based on average num¬ shares outstanding. {Includes earnings of subsidiaries only to ♦BELL Industrial Stock Averages 35 SEC Index of Stock Prices 35 to the entry of an order (by the ICC), forthwith, formally the authority granted to Alleghany" by the ICC order 1945, to control C & O, but requesting an extension of time until Oct. 1, 1954, to respond to that portion of the ICC order June $10.09 $10.16 $2.56 $2.46 share per the National Quotation terminating 103,683,937 440,230,000 388,541,062 103,700,000 91,187,199 390,130,000 346,636,712 ber 35 ___35 Dow-Jones Stock and Bond Averages 57,012,792 56,270,000 13,045,367 14,300,000 *Figures 35 Transactions American Stock Exchange 116,729,304 496,500,000 445,553,854 113,450,000 income {Earnings Transactions New York Stock Exchange but agrees, of Exchange Exchange Toronto under regulation Stock Canadian the Interstate Commerce Act . . ., this order may be revoked, suspended or modified after appropriate notice and opportunity for hearing." On June 22, 1954, the ICC entered an order reciting information to the effect that Alleghany and its affiliates have divested themselves of control of C & O and calling upon Alleghany to "shown cause" why the ICC order of June 5, 1945, should not be vacated. In its response to said order of the ICC, Alleghany stated that it "has no objection, to Stock Exchange Montreal 127,750,000 Dividends 39 -40 41 42 45 __46 Stock Exchange Francisco San proviso be contained the SEC Corporation Pittsburgh 21,626,946 5,102,525 6,090,000 . deductions Interest 39 39 Stock Exchange Stock Exchange Philadelphia-Baltimore 26,078,068 397,848,840 21,640,000 6,586,075 7,440,000 ... income Total Net 29,990,000 114,220,000 105,040,704 444,870,000 income income 38 Exchange Stock Midwest Other 36 Angeles Stock Exchange Los Company order of the ICC which (1) approved the acquisition by Alleghany of control, through the ownership of stock, of The Chesapeake & Ohio Ry. Co., The New York, Chicago & St. Louis RR. Co., and the Pere Marquette Ry. Co., and their subsidiaries and affiliates and (2) declared Alle¬ ghany to be a "carrier" subject to certain specified provisions of the investment company" within the meaning of the Investment Act. This order, in turn, was based upon a June 5, 1945, Dividend 36 36 36 Exchange Stock Boston Exchange Stock American investment an as (Bonds) New York Stock Exchange 1, 1940. Subsequently, under date of decision granting an application filed Nov. on issued SEC Alleghany to Stock Exchange (Stocks) New York said, and will sell for installation —V. problems, 179, p. 2362. a firm price, depending upon specifications and somewhere in the range of $100,000 to $150,000, The Commercial and Financial Chronicle '(246) 2 of the in June 26 announced stock of corporation O. S. on outstanding will it has acquired of Washington, D. that Peters Co. exchange lor .25,807 shares of Baldwin-Lima all C., stock.—V. common 179, 2590 p. then market current receive of discount a Baltimore The Ohio & collateral 4% RR.—Buys Bonds from RFC— has purchased company its trust for bonds retirement recently additional an per W. all RFC recent tion will weeks brought $10,000,000 to the ner See Baltimore above.—V. RR. Ohio & 174, Thi; three of the Burroughs Corp.—Acquisition— of RFC This $415,000 sinking due Jan. 1, 1965. the of trust bonds are The provision. fund under bonds corporation Brothers -of bankers for account of a group of insurance companies and other .institutional investors. Earlier in the year the railroad had retired tubes New and on Jersey, * : Buffalo from & reduction Brothers Railroad behind collateral the indebtedness, B. & O. holdings of Corp. stock have been released this of Susquehanna bonds. the Buffalo The Susquehanna & for is Haydu manufacturing facilites needed tubes and other electronic of Burroughs extensive research turn & Si O. Pacific stock western 47.54% The 36.59% owns 68.5% owns Texas owns stock the common of stock, the and the Cincinnati, of Alabama Southern Great (controlled latter Plans If the of B. that an to financial quarters discussed in Southwestern O. & stock V the the made be may ultimately sold by the B. & O. the indenture of requires that the proceeds be applied to is stock the 4% of the the bonds trust bonds 1965.—V. of 180, to i With SEC June 30 filed on below.- -V. 179, will be (A. S.) Beck -———— 179, conium Loan for redemption outstanding $105 shares of $3.25 cumulative share plus accrued dividends. per The 1954, 16, Aug. on convertible all preferred Its at The Offered—The The proceeds be will debentures, used redeem to for and of Bond Period Stores, Inc.—June End. June 30— Sales mortgage Louisville this $6,715,802 $37,250,002 $40,068,477 sinking share. City stockholders mortgage retire of June 30 series E, the bank Bridgeport issue loans Brass approved due (bids and for Co. 1, the of for July 26) construction.—V. Introduce will 180, New be 154. p. Line of will including brought out sauce • ware featuring both the on eastern copper market in and stain¬ or pans, names pots, sauce coffee corporation on. the basis are to expire proceeds one 22, makers, kettles, to been 42% 26. used be from Mineola, L. I., N. Y.—Files— share new for There to General each will be three no shares it initial been orders all-stainless two steel railway See , from self-propelled La Belgian Coward is et cars New South diesel Wales tfrom cars Delcuve & Government the of RR. Queensland Belgium will be combined backlog of all build of our 40 anonunced Mr. its the Coward Red Lion said, Budd plant in Just manufactures Philadelphia, completed Pa. 180, Buffalo Forge Co., filed public offering between the price selling p. 154. Canada. NOTE. t $51.00 On do not or bear Co., reserves tendered. of the stock common office of Bankers agent above the as The of Valspar Corp. by 3 about 245,000 178, / v is has per account year. of kiU' DraPers' Gardens, Other the xr London, Y" under the Act of Countries, $55.00 per fluctuations in the rate S. stockholders broaden the 011 July 14 Champion Industries, to corporation ended year.—V. on June 179, p. . . earths rare and it and participation V ,V . as in -v- formed was which Climax representation Linos*"' is in - recently Molybdenum made Chemical financially located in are the Juan and either will otherwise. Colorado Plateau situated County, Clio.; that Company- or mining claims San County, the capital June rn to three in Utah; the Bull the Gypsum Valley foregoing in exchange for 820,000 No royalty interests have been stock. 180, filed 25 shares of 57. p. has and $1.32 i , shares the of notification stock (par. one underwriting. to with the to cent) The be proceeds mining operations. Co.—Preferred Issues Called— re^'emDrian convertible Aug. on preferred next, 1, stocks all at of its and $32 respectively. he converted share-for-share for common stock business-on July 22 upon Dresentation of preferred m-y close of comoanv New N. Y. York, Consolidated —Invites letter incident for $1.49 , without expenses celled a common slmre, per pay -share, per This - Gas in Chicago. .1"., 180, p. 57. also See to or The Hanover - V. Electric Light & Power Co. of Bait. Bids for Bonds— company its or will proposed announced The by declared authorized P. the of the construction the outstanding bids by relating series has submit bids for Alex. of Brown the New Sons & York; third been will one White, by be the new the financing used the it - 19 was the by : irf to investment three One Co. also been , . company and has has : , part redeem > that managed & securities . bonds. Baltimore Weld July on 1989, to equipment, informed of in bonds. company to be and intend groups (EDT) Commission. will plant Y 3%% new noon maturing and SEC, S. P. bonds new 12 issue President. the Maryland of to up bond Crane, statement effective by for The receive $40,000,000 Charles registration been and - approved resolutions and change the Inc.—V. and group Halsey, by jointly banking will be headed Harriman Ripley "the & Co. Co. "Inc.; Stuart & with First Boston . • to 167, p. 2786. the sell name of capital the com¬ The will to volume in of the expanding been its set ■ . • } " 15, N. * : •/ \ Y,~--V. 179, p. Counties An application requesting • Gas & Patent Office) has Co., William B. 1879, Subscriptions exchange, remittance for in foreign an Aug. on mortgage amount 2, 1954 receive Co. six sales business oi months of 1954 of was New Consolidated See General York, This that RRs. been for & filed Electric with the by tMs of the of company shews a the In month of $1,028 Plans The Cuba—Orders the merges of this company, below—V. to Equipment-?'■>; 851. p. " Inc.—Profits Up— (2) of ^ the profit of $110,812. 1954, like net month income of $72,618, was against July 23, 1954, will be asked to consider: increase the authorized capitalization from $750,- on to . without changing number of shares; the the par value but correspondingly As part of the transaction there would also be issued 350,000 representing the of A delivery to Uraimum Mines of America, Inc. in exchange for assets of this corporation except its name, franchises and Consolidated resolution in the Pacific to right to Uranium authorize aggregate purchase Mines the principal (Continued at sum on of a like number of common 20c issuance per share; and sale not to page of and 6% exceed debenture $6,000,000, 8) Company, Pu'yphers. 25 Park Place, New York 7, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher; advertising issue,* with a statistical issue on Monday]. Other offices: 135 S. La Salle Street, Chicago 3, Illinois Smith. Copyright 1954 .jy William B. Dana Company. Reentered as second class matter February 25, 1942, at the United States. U. S. Po,u:ssions, Territories and Members of Pan-American Union, $48.00 per year; in Dominion of Dana and ac d aaverMscments must net 1953. A resolution authorizing the issuance of 2,250,000 common shares good will. bonds net a May, $1,875,000, its parent. subscriptions J J Financing, Acquisition, etc.— and their all of for proposal increasing the shares Commission into 178, net stockholders (1)A (3) Power Corp. corporation;-in 1954 000 Co.—Merger— I'coeral Motors the company -reported sales Gas sale a report for the fiscal ..ten months ended May profit of $222,893, of which $177,839 was earned during the last three months. For the comparable ten months of 1953, 31, Higher— twice the exceeding the applicable redemption prices, plus accrued interest, p. 155. income machines tenders for sinking fund bonds, in any one or to exhaust the sum of $1,470,117 sufficient Consolidated Uranium Mines, the authorization Electric refunding to 1780, wararnts Coast (EDST) p.m. , 2139." Corp.—European Sales European first on 3 first series, -at not —V. July 5 reported net income-of $502,271 for the compared to $463,181 for the similar period overseas up of more „ Bankers Trust Co.,.trustee, 46 Wall Street, New York 15, N. Y., until it 19, 2. Broadway, New York an 3, the- exploration and exploration, development and 8% of the outstanding corporation in which Climax Lindsay Chemical Co. holds 60% area, to by charter powers, [every Thursday (general news E. C., Englarid, c/o Edwards & March Grand a m acquired cents used year. of Del¬ in Ave., Stock; properties.—V. 1,000.000 company , 0 realization and new distributorships Continent. Mr. Clary said. The increased European volume is being reflected in the wcrld-wide foreign trade gains by the company in .the current year.—V i80, p. 150. by li'* v 1954 are . Co., company certificates July on shares, period last year, Hugh L. Clary, President, disclosed. With the improvement of the European expert market, the its through Outstanding 1,364,000 shs. - Colorado investment companies Miguel common 10 at tending for ■ same re- Hornblower & Weeks. The initial is to be a fixed price, determined by agreement stockholders and the underwriters and related per¬ com¬ accept 1776. p. of the FINANCING 10, thorium, history and Canyon S-n these Proceeds acquired the No these of the ot in its be to offer. Certain-teed year, 32% Bank, tendered (EDT) p.m. company corporation a stock • received June 429 vanadium, Company Loekhrrt on These - at companies. stock. business corporation to up Trust Co., New York, N. Y... which Certain-teed Products Corp, in con¬ for the Mining holds Co. covering $32.50 purchase will also PRESENT 3,000,000 shs;" the acquisition, Commonwealth Edison • of Columbia Uranium, Inc., Seattle, Wash.—Files— The their assigns. assignment the right to Certain-teed TO T; located outstanding Earth company The cut an 1 for Clary Multiplier a BT.t nffi« July 1, 1954, properties acquired the of Rare area, offered 568,342 outstanding common stock, which gave it control. The 75,000 Valspar shares it expects to buy at a $487,500 will be from funds available within the company,', Dollar - umuUNCIAL CHRONICLE (keg. U. onfc-io^68've!^" Publ{shed twice a week nnft the above offer and subsequently the above offer must be the corporation has Buffalo, N. Y.—Registers With SEC nead^d group on which exploration costs • 80% The The SEC stock¬ such .• this weeks 120 registration statement with the SEC on July 7, 1954, covering 85,000 outstanding shares of its common stock, $1 par value to be offered for public sale by the holders thereof underwriting certificates in Champion Shoe Machinery Co. below. have company assigned registered are Payment will be made at The Marine Midland Trust cars Delivery begun on an order for 173 ears, the largest Budd has ever ceived, with which the Canadian Pacific Ry. will entirely re-equip transcontinental trains.—V. The shares the of in San Miguel Countv, Colo. area, Acquisition— The company has called for redemption on Sept. 1, 1954, through operation of the sinking fund, $88,090 nf first mortgage and collateral trust bonds, .31/2% series due 4972, at, 102 Vs'. and accrued interest. railroads. at whose tne on They con 1st "of unpatented lode areas: : purchase approximately 75,000 shares Valspar Corp. at $6.50 per share net to The for the outstanding Canyon Citizens Utilities Co.—Partial Redemption— cars licensees as addition, export Corp.—Proposed used payment incorporated operational no has properties area. ' . 179, Rys. "The & used Algerian In has the . the of Y.—V. N. is and other support $1.05 of Bank be the work was office Molybdenum Government Cars." Budd Pouche of stock indicated.—V. The 24 last for and purchase of a controlling interest in Cie, major French railway car builder. This company operating headquarters for servicing all European licensees, and will manufacture a large number of cars for French and for the shares Chesapeake Industries, Inc.—Earnings Higher— new Nicaise State said: 406 Recently, the rail Brugeoise the abroad will of Champion Shoe Machinery Co.—To Change Name, etc. foreign licensees of this company, to H. A. Coward, Vice-President. Commonwealth Engineering Co., Ltd., of Australia has an order coaches 15, $ Tenders for Bonds Sought— pany passenger York -1953 $ Corp. Rights The net repurchase 39,500 shares of the company's Acceptance Corp. and for working capital. for by New dividends National to are EFFECT uranium, Metals & of Molybdenum 234. p. Valspar's of The received Place, accrued Chase Off1954—26 Wks. >. ■ holds shares Inc. according Caiel company associates, Thorium * that Without reservation all certificates tendered for 50 shares; with was 682. p. Exchange plus The at Sales from Robert I. Ludwig, its President, following or-oertre* ahH "securities* '* ^ ' ' ■ The securities consist of 20% of the outstanding shares of Colorado is 177, GIVING properties; company his Co. City.—V. proceeds assessment of company The other Champion Industries, Inc.—New Name— fyidd Co.—Foreign Business Is Expanding— Large Mr. and great so total cost of held.- underwriting. share, per be made Products designated Earlier assets, for York New at the close of business shares at 1954 nection etc., July 1 filed a letter of notification with the shares of common stock (par 25 cents) to be to common stockholders of record July 1 July on to are 176, two metal A, in less.— 22,451,176 116,162,598 113,699,205 properties, Tor principal securities.; and to certificates pursuant has share per Of stock common on 48,660 $1.75 at 43 said of case purchase less. All mid-September 179, p. 2362. Plastics Corp., covering offered RR. Co. $101 stock of prior working Brilhart 80 trustee, as substantially esoerWlv lor tne purpose of acquiring certain properties and securities, 1 are additional kitchen utensil be will follow soon.—V. The .' it zir¬ that $106,000 RR. at tendered pursuant to of . for those July 2, 1954, appropriate proof must be submitted to Bankers Trust Co., agent, that such assignments were executed prior to July 2, 19$4. Certain-teed Products Corp. will purchase the first 75,000 shares it is announced by Herman W. Steinkraus, President Chairman of the Board, • / The line will be known as Bridgeport Diamond Ware. The first units of production will be a complete line of skillets and the balance of the have bonds,, series Ry. York, common the date and —V. 4% fund holders In $18,000,000 by this company, SEC time, same with been has of and one, July 3 publicly-offered 544,000 (par 10) at 500 per share "as a on net ventures of The Incorporated Payment will New holders' issuance 1984. scheduled new To — the Aug. of the lor line new steel The zirconium to Colo. mineral The This corporation has offered to of Co.—Bonds Approved— on bonds, proceeds to line, producing zirconium applications. about be $ (par-one cent)^__r____ disposition mining .■ with zirconium metal Its other organized was Co., Inc., recently published a booklet "Facts general distribution.—V. 180, p. 50. for Certain-teed Davis, 77, Chairman of the Board and formerly President died in Paris, France, on July 2.—V. 179, p. 2362. Kitchen Utensil Ware— A Y., 2367. corporation Boston Edison less is commercial Nashville & the Borg-Warner Corp.—Chairman Dies— used and Melals Ohio & per 2702. p. Charles S. The ,of would 51—5 Wks.—1953 The principal purposes of development oi its properties; 154. p. company has called for redemption on Aug. 10, next, 5,000 of its outstanding 4.20% cumulative preferred stock through shares 1954—6 Mos.—-1953 p. The production six presently owned properties, for acquiring, exploring annual stock reserved Higher— 1954—Month—1953 $6,748,069 179, first N. rbout by $120,000 since May 30, 1953. Eor.rd, stated that it was estimated the quarter stock other Caterpillar Tractor Co.—Partial Redemption— Sales of the Metals for Morgan & Co. The —V. 180, Zirconium"— Akron, was the assets for other proper corporate purposes. Junction, 1 notifying holders of due Sept. 1, 1965 of Carolina, principal amount of these bonds ' have been drawn by lot for redemption through the sinking fund on Sept. 1, 1954 at 104J/2%. Redemption will be made at the office of 281. p. Inc., Co., information of and aware. Ore., company 172, $793,000 working P. Clinchfield out¬ capital.—V. exchange or additions. and for Zirconium" first Ohio Company, Columbus, O., on July 12 offered to investors in Ohio $2,000,000 of. 4V2% sinking fund debentures. standing About The 2. $19,916.700.—V. 1954, for profit a current Authorized Carolina, Clinchfield & Ohio Ry.—Partial Redemption J. Stores Co.—Debentures at County, Douglas No. 1 York, Climax privilege (2.92 common shares for each preferred share) expires at the close of business on Aug. 6, 1954.—V. 179, p. 1830. Bear be located in and Lemolo 23, Inc.—Current common developing Common for Carborundum About conversion Biff products Demand stock 1 Co.—"Facts Carborundum related of to cost Metals New hydro- additional two of ratio ♦ •CAPITALIZATION Toketee include to $628,000 with The $ 2535. p. formance request by this comProject on the a the of second Stores, 'BUSINESS—The No. overall for of compares j'ear. been-reduced the PROCEEDS—The and application in the chemical industry which would easily and logically fit into the operations. Work has gone along according to schedule and now—in addition to its A. El' C. commit- Corp.—Preferred Stock Called— has called company in,.Oregon supplement to chemicals mints. Beneficial total granted loss a Tnis la t May Chairman and development of 326. p. dual purpose of supplying A. E. C. and industry suitable for their specific applications. At the planned was 1954—26 Wks.—1953 $4,580,590 $22,547,489 $23,486,970 $4,278,821 — their has license its to Lemolo Carborundum metal Shoe Corp.—Current Sales Off— 2590. p. River designated The 1954—4 Wks.—1953 label.—V, ,176, Commission Carborundum for the Period End. June 26— Maid 179, Co., Oregon Power Co.-fNew Developments— Power Umpqua estimates 514. p. Minute electric developments. The two new developments, . Beaunit Mills, Inc.- -Sells UnitSee Draper Corp. the 1047 pp speculation." announcing in wholly-owned 179, Colonial Uranium Co.—Stock Offered—L. D. Sherman & September under the exclusive August and said report 1954. of *'[■: shares of 15. in Julv, Lucks Mr. for an amendment pany letter of notification a under Federal The . North with the SEC covering 25,000 shares of common stock (par 81) to be offered at 85 per share through J. A. Hogle & Co., Salt Lake City, Utah. The net proceeds are to be used for working capital. company concentrated label, a V. Contract— to marketing contract with Minute Maid Corp. It will be warehouses in Florida and California for national dis-j California ' ■ Banner Mining Co., Lordsburg, N. M.—Files July on be — 822. p. 22,090,973 pany, 153. p. be Maid and fribution i announced will juice Minute packing New of as debt had for 173. 23, Seles —V. corporation will states. 1567. p. 1 produce frozen in 6 oz. lithographed tins for Minute concentrating plant in" Hawaii, R. G.. this by Pacific Corp.—Loss for Quarter— Period End. J Jne 23— 179, p. 2138. Corp.—Receives completed at shipped retirement, The course Counties application subiidiarie., period fame Jube, loss 173, vacuum field."—V. Packing been President, The . sale collateral —V. the pineapple juice Crip k's new Corp. Lucks, Southern) by have concentrated Maid of South¬ Southern. Sales in electronics California in Orleans New Southern Railway owns directly 15.87% Ry. and Southwestern's of possibility is now being eventual The the type new supplemental indenture has been executed whereby the B. & O. a B of subsidiary, Oils, Inc.—Florida Pact— May /liabilities Colonial specialized provide developed in activities holdings of Southwestern Construction Co. stock, under certain condi¬ tions, can be released from the collateral pledge in the event of sale. The will production components being dissolved and the property merged into the B. & O. system. Also plant the the R. the and ended long-term V. Haydu, , with the Along all for Albert that v the Aikman & corporation current the July 12 announced the acquisition'of Haydu > Plainfield, N. J.-, manufacturers -of electronic components.- Tne company will continue its operations under George K. formerly President, who has been named General Manager. John S. Coleman, President -of Burroughs, v said: "The collateral to K and-its Ga>s Coast merger, Gas, Corp. below.—V. mcn.hs $164,000 the railroad company bought $4,585,000 ago from t.ie Pacific Caribbean Collins Dissolved— Pacific persently own all of the common stock and ap¬ of the outstanding preferred stock of Coast Counties. of of See Gulf Oil 2183. p. time that says Co.. 1263. Coaslal of 53,184 shares; and E. 10,600 shares.—V. 174, p. 898. Buffalo & Susquehanna RR. Corp.—To Be of amount the and held of record onlyt; Henry to sell 26,592 shares of his Marianne Wendt proposes to sell This debt reduc¬ year. the col¬ preliminary to the sale by the government the $60,000,000 principal amount then outstanding, through bonds .agency the It At subsidiary bring an annual interest saving of $400,000. few A lateral bankers. holdings retired by the B. & O. this of application Service proximately 94% shares (including 10,000 share3 Wendt, Board Chairman, proposes holdings $5,000,000 held by the Reconstruction Finance Corporation, bringing the total outstanding down to $55,000,000. The purchase* was made from Glore, Forgan & Co., New York and Chicago investment The Public for price $1.35 32,318 of the share stock. The underwriters from the offering price. The prospectus lists 11 selling stockholders, all of Buffalo, who own 175,437 of the 649,572 outstanding shares. Edgar F. Wendt, President, Treasurer and Director, who owns 70,258 shares (of which 25,186 shares are owned of record but not beneficially), proposes to sell the to Baldwin-Lima-Hamilton Corp.—Acquisition— The Monday, July 19, 1954 ... be made in New York funds. Volume 180 Number 5343 Volume 180 The Commercial and Financial Chronicle Number 5343 The Commercial and Financial Chronicle ... (247) 3 Capital Flotations in the United States in April And for the Four Months of Calendar Year 1954 Total corporate placements in April amounted to $614,225,924 compared with $591,678,282 in March last, increase of or an $22,547,642. Of the total offerings taken in April of this year, $502,084,724, or 81.74%, constituted money raised for new capital purposes, while $112,141,200, or 18.26% was earmarked for refunding of existing debt. Long-term bond and note issues in April last totaled $413,510,000 67.32% or of the up month's total dollar vol¬ contrasted with only $372,353,800 in March/ or* while short-term bond and note issues in aggregated $15,000,000 or 2.44%, compared with ume 62.93%, April the lesser the preceding 'Stock amount $2,400,000, or 0.41% against the March in of year. or 30.24% comprised year of the month's dollar volume larger amount $216,924,492, 36.66% or as for March last. • the stock offerings for April last, into common and preferred issues, we find that the former comprised 44 issues, totaling $87,707,369 or 14.28% of month's constituted over-all only 18 15.96% of the Studying the or sented dollar issues, month's totals each month while the latter aggregated $98,008,555, but grand for in volume, the total. various categories pre¬ line our 52.99% in of the current month's total volume. was the miscellaneous category, which $108,386,666, Second 17.64%; followed by other industrial manufacturing, $94,209,302, or 15.34%; iron, steel, coal, copper, etc., $32,779,000, or 5.33%; railroads, $31,020,000, or 5.08%; equipment manufacturers, $12,500,000, or 2.04%; oil $7,784,590, or 1.27%; land, buildings, etc., $1,936,000, or 0.31%, and rubber, only $88,500. <•' Private financing in April of this year attained the total sum of $222,675,000 made up of 26 issues, or 36.25% or of the month's gross dollar volume. In March last, the 30.93%, and for April', a year ago, it stood at $111,036,220, or 17.76% of that month's total $183,020,000, was or dollar volume. Corporate issues placed months of 1954 follow: privately in the first four No. of Issues Total Amount % of Total '22 $97,546,521; 23 March 91,887,500 34 183,020.000' April 26 222,675,000 SUMMARY OF usual dollar volume construction. new This followed was by the $26,700,- 000 Safeway Stores Inc., consisting of 267,000 shares of 4.30% cumulative convertible preferred Date Amount Offered Dated Jan 28 Feb Feb 4 4 27.84 : Feb 11 Feb 18 91-days Feb 25 91-days Jan 27 Feb 1 1 year Jan 27 Feb 1 7 yr.-9 mo. Jan 27 Feb 1 1 year Jan 27 Feb 1 7 yr.-9 mo. Jan 27 Feb 1 7 yr.-9 mo. Jan 27 Feb 1 7 yr.-9 mo. Jan 27 Feb $25,000,000 placement of the Beneficial Loan Corp., promissory notes, due April 1, 1974 to refund outstanding obligations; the Ohio Power Co. issue of 3Vs% first mortgage bonds, due April 1, 1984 and total¬ ing $20,000,000 and the $20,000,000 offering of 200,000 Feb Feb 1-28 Feb 1 $100 for New Capital 36.25 of last reveals $169,170,202. For to $733,584,- new increase an in Total of is January Refunding $393,416,930 February to __, _ ' . $2,078,805,703 $2,095,392,546 ' ' Large municipal offerings to come upon the domestic April included the $233,000,000 Pennsylvania Turnpike Commission bonds; $50,000,000 State of Cali¬ issue; $33,416,000 State of Connecticut offering; $33,100,000 City of Chicago, 111. placement; the New Jersey Turnpike Authority bonds in the amount of $27,200,000 and the Port of New York Authority bonds, totaling $20,000,000. There of was no the part of the Dominion on or States Possessions 1954, municipalities, nor of the during April. 1953 AND 1952 106,465,260 Total 329,997,217 641,307,965 25,159,845 666,467,810 543,724,952 365,724,376 591,678,292 521,319,354 5,999,485 527,318,839 825,109,085 112,141,200 New $ 1,408,364,741 614,765,864 Capital $ * Refunding Total 9,548,200 75,851,400 13,357,925 553,273,152 441,575,776 838,467,010 15,677,234 625,306,814 748,507,085 39,854,250 788,361,335 927,335,925 640,635,664776,722,925 37,112,169 1,114,301,499 717,255,364 150,613,000' 1,077,189,330 2,316,913,624 June. 63,330,353 Six months— 2,380,243,977 110,631,135 4,150,944,787 4,040,313,652 6,727,000 2,242,485,374 3,977,043,787 723,982,364 295,951,775 July August 608,576,955 10,724,440 619,301,395 1,153,242,203 239,168,027 2,773,203 241,941,230 203,265,164 153,190,133 September- 732,407,786 1,865,000 734,272,786 418,435,408 71,897,483 5,620,466,420 99.740 a c 1,500,672,000 15 Apr 22 Apr 27 Apr 22 Apr 29 91-days 52-days 91-days Apr 1-30 Apr 1 Apr 2,137,984,000 2,214,164,000 2,364,475,000 2,986,820,000 2,493,521,000 511,230,774 2,396,000 1,500,053,000 Apr Apr 1 Total 9%-12 yrs. separate 1,595,515,411 125,993,778 5,746,460,198 1,774,942,775 99.731+ *1.063 99.744 *1.013 1,501,274,000 99.731 *1 066 1,501,394,000 1,000,883,000 99.740+ *1.027 99.895+ *0.726 1,502,504,000 99.776 a a 2,396,000 100 2 c 2 years April four rate 9,020,406,774 months on series, all *0.886 511,230,774 100 12 years for 2 8,109,278,926 2,339,935,000 for *1.030 a 601,778,926 1,916,000 100 91-days Total *1.06G 99.750 + *0.955 100 48,391,178,780 bank a of discount which SERIES E—Beginning were May basis, changed 1,203,031,903 356,455,297 490,332,891 274,877,316 2,049,820,091 5,751,986,562 570,829,091 6,322,815,653 October— 424,210,596 6,664,020 430,874,616 857,475,665 82,957,165 437,537,199 28,773,944 466,311,143 89,650,200 a Comprised of threa follows: as Overall interest rate raised 2.9% to 3% compounded semi-annually when held to maturity. Higher rate achieved by shortening the maturity of the Series E Bond from end 10 to years 9 years, 8 months. of 6 months instead of one year. intermediate doubled from SERIES Individual year. $10,000 to limit $20,000 Interest Also starts accruing at tha yield is higher in each purchases has been the annual on maturity value. H (NEW)—New current income bond, Series H, availabla beginning June 1, 1952, bearing 3% interest, compounded semi-annually, when held- to maturity. Issued at par. Series H will mature in 9 yeara months, with interest paid by check semi-annually. Redeemable and 8 at par any H time after 6 months from issue date, has individual limit annual on on month's notico. one .purchase $20,000. of SERIES J AND K—These replaced Series F and G Bonds, respectively, as of May 1, 1952. Series J and K yield a return of 2.76% when held to maturity, instead of the former rate of 2.53% for F Bon 's and 2.50% for G Bonds. Intermediated yields of Series J and higher than those c previous 1953. F and of on Treasury Sale of sold held data at Bonds, notes of Series Treasury notes of Series par and accrued maturity or two of Treasury notes of Series and Annual purchase K will limit of Series J $200,000. Saviijgs to at, par G. to see footnote on page "Chronicle." 1952 Sale are if of combined is increased June 30, interest terminated was B began to the interest years "C" A began on May 15th of on 2617, May month 3 1 a- approximates 2.47%. Oct. 1, 1953 and are on l\ 15, 1953. No:; the Sa 1* soi l accrued interest to the 15th of the month and if he to maturity or two years, interest approximates $2.20 per month f< each $1,000 note.- The sale of Series C Treasury Savings notes was si pended note Oct. 23, on on 1953. For previous data 1470, / October page 19, USE Type of Security 1953, OF on Treasury notes, "Chronicle." Jan 7 91-day Treas. bills 91-day 91-day Treas. bills Treas. bills Jan 28 91-day Treas. bills U. 1 Savings Bds. Depositary bonds__ 1 Tax 1,500,348,000 1,500,528,000 1,501,661,000 1,500,313,000 S. f 1+-7+ New Accepted Jan 14 see I FUNDS Total Amount Refunding $ 564,132,387 44,200,333 1952. Indebtedm $ 1,500,348,000 1,500,528,000 1,500,749,000 1,499,879,000 912,LC ) 434,00 I 561,229,600 561,229,CO') 1,213,000 1,213+'..) 940,432,830 November- 1, from Jan 15,362,643 1,501,440,000 1,916,000 91-days Jan 21 1,580,152,768 99.733 + *1.053 91-days 4,272,995,562 49,789,700 Nine months— 1,501,048,000 8 Dated Third quarter. 99.731 601,778,926 197,194,250 2,439,679,624 Second quarter. 99.732 + *1.059 1,501,139,000 1,501,159,000 2 years 1 2V2 1,500,798,000 15 * 10,540,950 624,958,430 614,225,924 ___ c Apr For 47,300,782 1,770,700,810 '1,734,558,413 ,J- 98,757,525 1,833,315,938 1,723,400,028 2 March__ Apr and K 576,914,161 15,372,739 100 Apr -f!952- 16,141,452 Capital a 1 , Series financing Canada, its provinces United a ► market in fornia 515,108,480 634,000 8 Apr 564,414,602 '733,584,804 $16,586,843 ' ' - 2 V2 2»/3 Apr $397,556,630 399,836,510 7,433,840 3,119,600 730,465,204 _______ 1 for ♦Average Total < Mar Total $4,139,700 1,893,703 397,942,807 556,980,762 April 91-days 9%-12 yrs. 12 years1 Mar , New March Mar 25 *0.y86 359,000,000 100 Apr 1-30 month amounted forth below: set 2 Vz Apr 1-30 latest municipal financing for the first four months 1954 91-days Mar 25 3,233,000,000 100 2,220,841,000 2,268,989,000 2,716,773,000 2,531,185,000 2,371,847,000 94-days Mar 18 Total 15/a Apr 22 the April, 1953, the total - ' 91-days Mar 11 Mar 1-31 2V2 1,367,000,000 100 9y.7ol 515,108,480 91-days I Mar 22 Mar 1-31 100 24,696,200,480 Mar 11 Mar 18 1% 2,367,000.000 February 4 99.741 + *1.024 100 100 4 capital only $346,904,800 and for the like period in 1952 totaled $454,045,124. Mar 9^.774 + *0.893 1,500,145,000 l,5U0,7ol,000 5,645,000,000 634,000 Mar 10 $3,119,600 for refunding. the^ current month's total with that of Refunding New 70,653,000 502,084,724 March used Mar remainder * 314,624,478 April. the comparison for be Feb 25 1,500,294.000 2 years for Yield 99.739 + *1.031 4,083,000,000 100 1,125,000,000 100 12 years Mar 1-31 Mar 1 560,772,709 Total $ 486,689,232 May- and purposes to purposes. ——+1953 20,439,521 1,301,899,481 refunding Long Island Lighting Co., Municipal financing in April amounted 804 of which $730,465,204 was raised for FINANCING BY MONTHS 521,025,292 ; March of the par Total be CORPORATE Refunding $ 466,249,711 cumulative preferred stock, series E, of Feb l Price $ 1,500,268,000 359,000,000 7 yr.-9 mo.1 9%-12 yrs. 1 par; of Accepted 2,296,152,000 2,252,689,000 2,140,007,000 2,18y,285,000 5,645,000,000 2,367,000,000 1,367,000,000 3,233,000,000 4,083,000,000 1,125,000,000 91-days Feb 10 Feb 1-28 30.93 / 91-day,s 'Feb 16 $100 stock Amount Applied for Due $ Feb 1-28 -1954- First quarter— the $40,000,000 issue of the Owens-Illinois Glass Co;, 3 Vs % sinking fund notes due in 1984; the $28,069,772 emission of the Pennsylvania Power & Light Co., made up of 704,917 shares of no par value common stock; 20.04 January February January— February for totaled and figure used A five-year table to determine what part they played in contributing to April's over-all dollar volume, we note that adhering to its past per¬ formance, public utility issues constituted $325,519,866, or than more April were represented by the $50,000,000, 3% first mortgage bonds, series Q, due May 1, 1984 of the Commonwealth Edison Co., of which $40,000,000 was raised for refunding purposes and $10,000,000 is to be shares of 4.35% Separating the of in 3%% of offerings during April of this $185,715,924, Offerings floated 830,471,530 Jan Jan 1,387,695,944 36,483,000 1,424,178,944 474,482,187 786,271,197 Fourth quarter. 2,249,443,739 71,920,964 2,321,364,703 2,118,229,049 216,807,698 2,335,036,747- 12 months 7,869,910,159 197,914,742 8,067,824,901 7,870,215,611 787,636,789 December. Total Feb antic'n for notes_ January 6,565,292,600 6,001,504,000 563,788,6" ) 1,500 268,000 1,500,268,000 1,500,066,000 1,500,145,000 8,657,852,400 228, CO 91-day 91-day 91-day Treas. Treas. bills 1,500, 294,000 Feb 18 „ 4 Feb 11 bills 1,500, 145,000 Feb 25 91-day Treas. bills 1,500, 751,000 5,645, 000,000 Treas. Feb 1 Ctfs. Feb 1 Treasury Feb tRevised. 1 Ctfs. 1 Feb Treasury Financing in April "Public The Treasury announced on April 14 that on April 16, cash tenders will be invited for $1,000,000,000 of Treas¬ tax anticipation bills. They will mature on Friday, June 18, but will be accepted at face value in payment of income and profits taxes due on June 15, 1954. ury The $1,500,000,000 of tax anticipation bills issued March 22 which will mature on June 24 will also be on ac¬ notice is of these bonds may, in advance of the or any public notice will hereafter be given and 000. cular On Feb. 10, the Secretary of the Treasury issued two public notices of call which "Public 2Va% notice is hereby given that all outstanding Treasury Bonds of 1952-55, dated Feb. 25, due June obligations of the The are on in UNITED STATES Offered Dated Tax Total Mar Due S. Depositary antic'n for event official cir¬ be DURING issued." 1,500,798,000 1,500,262,000 536,Gi) Mar 11 91-day Treas. bills 1,501,139,000 1,500,689,000 450,06) Mar 22 94-day Treas. bills 1,501,159,000 Mar 18 91-day Treas. bills 1,501,048,000 1,500,538,000 91-day bills 1,501,440,000 1,501,272,000 Mar U. S. savings bonds 601,778,926 Depositary bonds— 1,916,000 1 1 Tax for 91-days 2,607,917,000 1,500,348,000 99.668 91-days 2,321,110,000 1,500,528,000 99.662 + *1.336 re¬ Jan 14 Jan 21 91-days 2,558,601,000 1,501,661,000 99.695 *1.208 lowing demption date, be offered the privilege of exchanging all Jan 21 Jan 28 91-days 2,140,313,000 1,500,313,000 99.748 *0.998 the Jan l 9%-12 yrs. 561,229,600 561,229,600 12 years 1,213,000 or any part of their called bonds for other interest-bear¬ Jan 1-31 Jan 1-31 ing obligations public notice of will the United hereafter States, be given in which and an event Jan Jan 1-31 Jan 1 a 1,213,000 100 100 C Total for January In the 2 official circular governing the exchange offering will be issued." *1.314 a 2 years 6,565,292,600 1,916,CO — 8,109,278,926 6,002,761,000 2,106,517,92) on page 6) % 7 in advance of the 168,CC) 601,778,9.. j - Yield Jan may, 510,CC > ' Jan 14 bonds March (Continued Price 7 these Treas. 1,501,159,06) antic'n notes- Dec 30 "Holders of 515,970,48.) bills Jan cease. 24,696,200,480 24.180,230,000 Treas. 1954 $ 1 ) 634,0C ) notes- February Amount Accepted $ 515,f08~4C 634,000 91-day Mar Applied for bonds 4 Total June 15, 1954, on which date interest on such bonds will 359,000,000 515 108,480 U. Treasury Bills, Savings Bonds and Amount- 359 000,000 1 Mar FINANCING 1,125,000,000 bonds savings bonds 1 Feb oper¬ TREASURY 3,233,000,000 4,083,000,000 1,125 000,000 1,367,000,000 Mar 25 which an Depositary Bonds. 1942, hereby called for redemption States, Treasury Department in April confined its Date 15, 1955, United governing the exchange offering will ations to the sale of given in part below: are ing 4,083 000,000 Feb re¬ part of their called bonds for other interest-bear¬ cepted in payment of income and profits taxes due on June 15, 1954; thus making the total amount of Treasury bills to be paid off out of June tax receipts, $2,500,000,- bonds bonds Treasury Treasury Treasury Treasury 1 5,645,000,000 2,367,000,000 bonds 1 Feb 2,367 000,000 1,500,751,000 1,367, 000,000 3,233 000,000 1 cease. bonds indebt'ness Feb Feb "Holders indebt'ness of Feb hereby given that all outstanding 2Va% Treasury Bonds of 1954-56, dated July 22, 1940, due June 15, 1956, are hereby called for redemption on June 15, 1954, on which date interest on such bonds will demption date, be offered the privilege of exchanging all of bills the we compare four months' preceding, comparison. on the fol¬ the April and figures with those for corresponding years year comprehensive tables pages periods in the four thus affording a five- Total $ 50 ,0 0 460,7 90 87,950 175,809612 201,8690 52,0. 0 60,79205 126,0135 19,54 50 724,80 municpaltes. Refundi g 86,790 3,7659170 4,92,90 -- 95,473 40 64,9250 6,1 4,910 16,5360 $ -1950— Total Capit l ' 15,08 0 52,0 0 57,10 275 12,068325 19,54,50 Capit l 26,950 45,6 0 % 2,870 169,4.7250, 365,2940 60 .0 0 438,12750 105,79 5817,21983 90,145,0 23,06791 1,70 , 0 721,634 Total $ 638,59471 29, 0 28,49 1 1,70,0 159,43085 3,924,150 1,85 6 1,340, 0 1,645,80 26,95.0 205.18,05 3,924,150 16,385 6 5,83,450 730. 0 106,29580 60 ,0 0 857,394 142,61 209 12,708620 17,958 6 8, 14, 15 24,090 18,0 0 253, 1209 82,108620 20, 0 3o7Ti|8 6,50, 0 1,50 1.0 .0 37.549 15 Capit l 18,0 0 102,4850 69,40 0 6,179,375 18,57 0 3,06,0 1,50,0 1,0 ,0 26,~91376o 20 ,0 0 78,361 5 167 6 37,4156 45,045124 6,0 ,0 Total Refundi g 36,2130 2,9467250 695,0 0 39,85420 i76 76 257,"19 6 1,937,21 Total $ 590,638 51,93863 12,734 69 20, 0 3785076 $ New Total ' 20 ,0 $* 54,23 48,9238 12,0396 20, 0 3,¥50:6 748,50 8 460,79520 "19,43150 15,6314 15,0 0 $ 625,306814 80,650 346,90480 Refundi g 3,806,250 irvo 'o o 34,70 Capitl 456,7320 27,49150 15,604 15,0 0 614,75864 15,2 0 32,5610 New Total S 396,510 15.0 , 0 98,0 5 87,0369 17,0 0 614,2594 189,430 73,5840 Refundi g 89,6450 2^49620 12,4 0 75,830 3,19,60 $ -1954 Capit l 306,850 15,0 0 75,1235 87,0369 17,0 0 $ OSUMFARY 502,8472 13,60 730,465204 New Corp ate- Domestic— Com on Candi — Com on foreign- Short-em Com on Other 60 ,0 0 50,1850 20,183 43,50 143,250 10, 0 '390, 0 35,0 0 38,10 0 Refundi g 2,0 0 10,72 0 1,493,0 2,0 ,0 $ —1952 Capitl 28,150 260,183 32,810 14,750 10, 0 390,0 35,0 0 36,10 0 147,059863.2tDhoCPmraeinvfdcs OGARNUFPIDN t New Total Refundi g -1953 $ 2 5,0 0 23,10 18,94520 259,0 €1,450, 0 3,05,0 30,5 0 2,457,250 1,349,0 $ 20 ,0 0 20 ,0 0 274,381650 "7 20 ,0 0 20 ,0 0 Total $ -1 78,1294 250, 0 ' 23," 720 1,6 4,952 30,254,89415,642,304 2152778,,.,3469030560 376251,2,964034 4.32 7650 83,16 875 24,090 18,0 0 245,10 29 7,28062 6,179,375 25176",38 857,394. 3,06,0 1,50,0 1,0 ,0 3,27.415 638.59 471 50,185.0 291,462 0 43,713 159,3 410 12,5086 390, 0 35,0 0 78,3615 2,0 ,0 39.8542.0 2,0 0 2,82,60 10,72 0 2,156,50 695,0 + 28,150 289,17 60 3,0213 157, 670 120,8360 390, 0 35,0 0 1.4750 73,265806 173,852 672458,3,500.814 475,0 0 23,10 197,0 46 28,452 0 43,064952 3,05 ,0 149,827 ~6,734,70 6,734,70 6,734,70 72,0824 250, 0 23,52 0 1,64,952 30,25489 15,642304 8 ,50 7 9,0 0 16 ,0 17,8496 17,0932 7,684,590 42,036 15,o 75o 15,0 0 25,0 0 89,6450 2745 ,250 1,349,0 10,54 950 23.10, 190,27 64 475,0 279, 4 50 41,7592 3,05.0 30,254.89 45,692304 143,0925 614,758 164,2594 31,02 0 325,1986 32,790 12,50 0 94¥697352 7,84,590 1,936,0 -.8,50 ' 108,36 2,49620 12,0 0 70,49620 4,65,0 12,4120 25,0 8 ,50 8 ,50 95,3 6 7 9,0 0 17,0932 7,684,590 161,0 0 42,036 163,2974 19,02 0 25,036 32,790 12,50 0 89.564,302 7,84,590 1,936,0 83, 876 502,8472 $ 15,0 0 15,0 0 New 30725"47 45,692, 185,7924 2,49620 Capit l 19,02 0 159,670 32,0 0 12,50 0 72,45 0 10,00 1,75,0 26,3450 32,8650 CHAR TE 8,250, 0 4,82 ,0 13,82065 48~ (F,250 3,5O 7 6 3,641,250 8,96273 21 ,313 15,49760 20,81360 1,4750 36,95806 413,50 Refundi g 12,0 0 48,0 0 4,65,0 27,9150 05,473 40 894 304 31,02 0 207,6 0 32,0 0 12,50 0 7,10 0 10 ,0 0 1,75,0 51,3450 $ 954- 460,7 9 58,7604 8,9 ,20 .is 17,5230 6 3,650 695,0 0 2, 82,60 43647515,702,4,18,523903220 6,314, 15 ' Capit l 23,10 18,94520 25,0 256,74 50 40,1 0 3,05,0 30,5 0 471,63270 $ 24,090 91,278,7321 ,313 16,7)3410 21,50860 14750 36,95,806 3,806,250 New 2,50 , 0 857,394 142,6 09 7,80,620 70,47618 New 417,0 0 ' 4,82 ,0 47¥n,250 $ t 2~47090 186,5340 8,6 4,7 0 . . agencis.-A 1,346928 bIfnuoctlayidnese Notes— — manufctrig— — hoeldticn.g, — Notes- — manufctrig hoeldting., — , — manufctrig— hoeldticng., — manufctrig hoeldticng., — securit— AOFPRIL Lboonangno-tdteedrsmsShort-emPrefstorc—ekd stock bDooannnog-dtteedsrsmShort-emPresftorcked stock bLooannngo-tdteedrsms Presftorcked stock corpate MONTH 60 ,0 0 $ 67 ",0 80,2 76 452,10793 6,0 ,0 10,54 950 64,810. 23,648290 $ Refundi g 7¥50~,0 13,~82O765 53~jf,0 3,~5076 1,82 ,0 —1951 S93118510,,3,259879204674480fRtFfGBeHDIcoreohSSnaamvtadvgutsonrilcupmpnalemkdidtyelsf.. FCITMONUSTAOFNRHPYEPHINIERWEVADELS VFFLMTMIGOAANFUOVYPHERCIERNPMDGLLT,S Capitl -1953 591,50 52,0 0 52,0 0 60 ,0 0 18,0 0 10,350 69,40 0 20. ,0 182,~057 0 6,~56O76O1.50 , 0 1,0 ,0 28,~7356O 410,8512 5734Y,50i 172,3918 $ New -1962- 6ri*7~6 04 lYlY^O 52,150, 0 134,62540 83,16 875 v6o758 3,569,0 Capit l FCOREPIGNAT, 4.570. 0 4,5 .450 730, 0 Refundi g 27,3 625 60 ,0 0 50,41 250 4,82,0 $ —1951 2, 37, 0 26,70,0 86,79.0 New 27,3820 263,84125 3,924,150 25,374 65 ,8 5,4 0 730, 0 13,58730 165,19 25 3,924,150 13,72.65 1,340, 0 52,0,0 52,0 0 and ■s $ Refundi g 417,0 0 52,60 0 7,0 2,0 $ -1950- New Total 27,3820 98.265,0 1,6420 4,5 ,450 730, 0 78, 50, 0 21,4 50 t * Total AOFPRIL toal fdignuorest .— LBoonagn-Tdersm utiles— ecscoottpeall,,, Emqaunuipfcmtreenst anoide indaunstrdl beuildtcng.s, tInrtvareudstmisngn,, Miscelanous SBhooarnt-Tdesm util es Eqmuaniupfmtent aacensordi indausntrdl bueildtncgs, Miscelan—ous InBteraanioknlGSoCvaenrnmdiant forgoevernmig—nGLoaavntnd, Muncicpial—eStseP,s,Sotaens eccsoottpealrl,,, Ittnrrvaeudstsmingn,, — utiles ecscoottpealrl,,,Eqmuainpufmceenst anodrieindausntrdil bueildtncgs, — ,—Itntrvraeusdtmsinng,,micelanous Railroa—ds utiles scecooattle,p'.lr,,Eqmuaniupfmceenst anordiendustal'd bueil;dtncgs, . Itntrrvaeusdtmsinng,,Miscelanous corpate Railrods Grand Other Farm United 11 • MONTH •These Total Public Iron, Motors Other Land, Rub er Oil • Ship ing Railroads Public Iron, Total Motors Other Land, Rub er Ship ing Oil Stocks- Railroads Public Iron, Total Motors Other Land,Rub er Ship ing Oil Total- Total Public Iron, Motors Other Land, Rub er Oil Ship ing — Total ' 000 400! $ 1,2395,0 132,75.0 16,542678 281,5612 19,54 50 3,0 ,0 Total. 1,843 7,640 10, 0 75.0 p0 425i6 ~O06 1,32.09,4720,3950 — 127,5 03 132,750 240,,0 30,6572 8,34.914 53,78 9*'—j5,147,086 29,043.951 24, 7218 451,0784 241.9 ,60 1,0572, 28,4164 140,T¥89 56.192536 14,270 ~¥do7b o 31.543,951 278,49 718 50, 0 21,76084 3,642,65 —_ 241,9 60 716.25,0 20,36750 86,359 0 51,045 0 14,03 0 "Yo lobo 2,50,0 126,7 50 $ 1,25904,8 4,80 , 0 :::: —• —- Refundl g 317,43962 50. ,0 20,745 1 5,249,3 0 39,7-1867 10, 0 75,0 0 38725*.0 16,70 269 1,895,0 $ -1950- Refundl g 67,8 10 163, 4862 2,547,0 49,70 3,60 , 0 1,0 ,0 29,3450 317,43962 -1950$ — — * 62,1538 82,3750 145,79 263 276,31572 19,54 50 "Yod.o o New Total $ 1,704256,8 834,375 3,60 ,80 192,5 093 61,8705 2,50 , 0 3,0 ,0 2,71 6,935 514,"25.76O 75,61384 1,70,0 834.375 Capit l 1,5870 3 3,06,0 1 ,30479 35,8735 2,50,0 New 893.132 14,570 903, 590 79,40 0 29,18750 2,84.0 471, 2 50 15,930 2,75,0 1,0 ,0 9073~0,b 1,7 56,82 t 2,50 , 0 — 2,0654,07 1675.0 720,96.314 1,70C,0 _ - 106,0 0 - — ——— 1,90 , 0 —— 60 ,0 0 $ —— _ — Refundi g 18,3970 28,037 0 137820,65 45,~320745 3,087270 7, 34,50 17,8157 $ _1951 5,0 ,0 1.4507 8 50, 0 2,10 0 5.960, 0 190, 42 429,73485 25,0 0 3.8507 50 7, 50- 0 4,80 , 0 Capit l 96,0 0 875,980 79,40. 0 15,36.875 2,84.0 425,810 893,132 12,0410 2,75,0 1,0 ,0 1,5947,30 206,7328 3079 ,0 3475~9o7b 36,8750 $ $ Total 174, 50 52,63018 17,489750 36,1950 47, 540 13,0 0 ~¥db, ob 2,50,0 97,31560 941,7608$ $ New 5,0 ,0 l.TsYo i 50. 0 53,0 0 Refundi g 17,8157 60 ,0 0 80,95430 7,97,0 Total Capit l 1,4968,73 $ —1951 86,20 1,3560,138 18,50 0 —- Capit l — $ 7,5 0 82,3750 60 ,0 106,0 0 — New 160,8463 6,12,813 132,140 1,450, 8 27,96 0 4,82,0 50,361250 5,065. 0 23,5480 69.481,90 1,0 ,0 3,06,0 20 ,0 0 3,0 ,0 195,0 0 — 174, 50 .326570 25,8746 86,74 3 52,9 536 13,270 ': ~¥o ,b O 31.5491 198,5621. 5,065, 0 261,5708 74,30910 1,0 ,0 3,60 , 0 — 25,94805 67.8 10 185.39 702 2,547,0 53,82465 3,690, 0 1,0 ,0 7936,50 240, 0 308.96432 8,34,914 50,14 934 5,147.086 29.043951 23,65 718 50, 0 591,0- 37I¥o]9 O 43,8 1 70 8RS 425,130 56,41053 19,52 0 1,6802, 8 153,7091 29,18750 2,84,0 632,08 74 7.05.945 16.04S10 4,175,08 1,0 ,0 3.I8Q.90 135,7180 1,0 ,0 4,793,053 8,95130 10,4328 6,12,813 132,140 1,450, 8 18,3970 56,0 0 4,82,0 13,82065 957681",70 3,8720 co 12,57 53 27180,9 0 39,-048 17 10,250 1, 406 8 148, 190 15.36,875 2,84,0 536,4018 7.05,945 12,73140 4,175,08 1.0 .0 2.180,9 123,04 17 1.000 467,250 EMFATF3YSNOITUPEIHDNVRAU0HIRNLSESD 13,982.40,675173528,,8.347644986ir160057 FAMTFLMEA3FIG^NUNOOPAHVIDECRVRU0NPDMLSGSLT, 4483,536,59573209089163.8721,*604572;*'';+";':T•■j•-„.tDR{fSeftGBoFh{caIvromnamehavtulousdingrnripcpmfdidlakeyls > 1,95841,97 2.61,7.23 Refundi g 130,9215 6,9247650 695,0 New-Capitl •<< 1,8274952 5,960 183,975 2 429,03854 25.0 0 3.~85O7 65 7, 50. 0 $ 26,0 0 29,1607 1 1,79506,2 : ■ -1958 Refundi g 49,7 2 0 6/10 , 0 1,369,03 $ 407320 120, 3650 193.0 43 1,230.95,60 7,30. 0 2,396.07,24 < . Total 2, 0 , 0 178. 6,7 5 36 , 2386 sljor'o 412,30 1,54279.63 2,0 ,0 ; 57,841732 1870 ,0 381,740 48,92 05 Capitl 1,74593218 2,0,0 172.08,75 362,5483 26,0 0 29,T6~0,61 6780, 0 30749 b0 2,0 0 1,4938705 s 2,38165,92 New Total $ - 1,3487251 18,40 0 219,70539 36,136751 72,0 0 ~6~o~o 218,604 30,9150 16,58 43 $ FCORPEIGANT, £ -60Q.Q0 capital $. 1,6923,61 18,40 0 18,0913 62,83175 72,0 0 . . . 1,803.9425 68,0 0 69,260 185,3~O-6b0. 2,078 5,03 13,250 SOUM AFRY 3*0 - 2,0 59,6 98,0 0 69.26,0 489,Yl~56o 2,09532,46 13,250 305,0 0 -1954 Refundi g 179,6052 38,69 ^20 New S 2,483.065498 : -stock#.— notes stock-.—^4 notes. 12,650 692,56 283.06,50 1,09,10 579,43L0 15,9831 4,860, 0 37,0 0 $ Refundi g 2,0 0 1,20,0 10,78 QO 79,2160 6,457,925 -1958 138,6175 lI768~,bo 467,T85~6bo 235,162 0 $ -1952- Total 5276bl0 120, 3650 60,38540 1,4652780 7,20,0 293,.8760541~'"■-PCramouvnicpledts NewCapitl •. 9,2650 691,056 27,1065 1,09.10 :t =*„-■ ' Total . •$ 50.29,8 145306 134,860 7,0 8122,9,,5349520600 1,98341,97 $ 9,567,802 1,349,0 — 130,9215 2,56,0 1QL52;40 1,85249 147,5 0 591,84520 35.75.0 56.07, 0 175,089 8,918.50 25,0 0 1,0 0 270,850 1,$2 306,92 Refundi g 31,0 0 4,30 , 0 -1953 2,56 ,0 — — 26,39176 21,93 78 250,19763 0,2780 —— 20 . 0 — — . 5,9.60, , . 2 Capit l 16,540 587,14520 35,7 0 56,02398 174,590 8,918,50 25,0 0 i7o 76o 267,1890 20 ,0 0 50 ,0 0 50 ,0 0 17,40 0 18,40 0 New ICNSOREPUWEAT GOROUPFING 125,860 850,2 0 37,0 0 12,50 0 1274(1,52 17,0 8,148,0 1,0 0 130,54 0 t 1,725348 426,960 1,42078;5 Refundi g 21,50 0 95,38 0 2,159 21 2748210 38,07 39 179,6052 -1954 $ 721,025 1,39260 9,265.0 957,30827 293,56478 1,09,10 7496(1 3 175,2816 4,860. 0 38,92 15 1.47560 15,4968 624,15 147,5 0 942,10.37 41,82 05 643,29 80 21,89^621 9,208,50 25,0 0 6.9471835307,19 536 571,04 8,069.03 31,0 ,0 1,64805 9,567, 02 2,07,025 3,5 6,10 290. 0 342,9872 6,046,025 7,02 80 36. 169 65794,835 34,52 36 563,41674 16.54,0 930.45,302 41,82 05 63.725,198 210,8 596 9.?08,5no 25,0 0 6,947835 30,643 6 2,0 ,0 2, 0 , 0 Total 2,0 0 3,482,60 1,68340 82,90 25 7,152,95 264,1096 20,94.78 246,81. 3 29,53.80 1"{23,125 IMTSIo 50,14 69 7,348,0 5 3,5 6,10 49,72 0 632, 596 12.65,0 961,2347 304,9 87 1,09,10 832,¥9~L163 182,4 1 4,860, 0 38,923.15 1.4750 162,8946 7,619 50 290, 0 3507286,7 6,046,025 7,02 80 37,82.71 65,947,835 4,52 36 ro d,0 0 2, 0 , 0 4 $ 1,9237125 UATSIo 50,14 69 2, 82,60 963,40 3,678,650 695,0 3,0 ,0 195,0 ~20 70 0 5,960, 0 224 503,181 38 ,50 173,2 4 349,5 891 4,620, 0 62,35268 35, 198 2,47 90 107,8 142 583,4214 126,9160 1,957.01 41,920 12,50 0 190,35.789 153,810 8,651,981 1,38 50 2,47.90 25,74 12 173 28,9620 ¥0,060 2 5^0 2,381659 2,0596 21,50 0 124,38120 2,39521 270,0 47, 8739 218,604 9,70 60 39,0120 Capit l New ACHANRCDTER 'Stae# 104,365782 1,5-0 3107, 84 510 92,4651 50, —;- :17,40 426.9P0358,1 62,853190863.517,24 9081 104,796538 201, 6809,2153 .8,61507324 ,9 .Rank.— Govermt —.agencisd Posein.^ 4,2850*9* .bfuontaydie# 30 N$ote;s*—•,. .— manufctrig— ■ hoeldticng., 1,2436 manufctrig— — —hoeldtcin.g, 18,40 — manufctrig . —hoeldticn.g, 54,09 ^ manufctrig ,hoeldticng.2765 1,8039425 EA4N'MPDORNTIHLSCorpate—tDomestic-bLoonangno-tdetrdesm*Short-em|Pr«(setoicr«—k-dCom nC1a'•din,—.bLooanng-dtesrmSnort-.e,mPrefstocrke—d ,foreign— bLoonagn-rtedirm*Short-e—m stock.-i— cj.orpateInteraionlCandian.TogrovaeringmntLGooayn.;Muncicpiatl—eStses,,Staes toal.—*" . fdIingnculoruoedste MEAONPNDRTHILS LBonoagn-Tdersm — utiles— cecsooptteal,,l,Emqanuuifpcmtreesnt anoid—inadunstrdl — beutilcd.n—gs, -— —_ Itrnuvses,-tmadinng Miscelan-jo.us - BNSohoatoersnt-—Tde#m utile-—s esccootptearl,,l,manuf•Equipment, aacensordi inadunstdrl bueiltdc.n—g.s, Ship—i„n.—gv,tItnrrvaeudstsmngn,,Miscelanous — '-, - utiles-seccotoetpallr,,,Eqmuaniupfmceenst anodri indausntrdlLir--bueiltdcn.-g#, s_. tItnrrvauesdtsminng,,Miscelanous ; — utiles—. eccsotoptearll,,,Eqmuaniupfmceenst anodries indausntrdl •- bueil;dtncgs, ttInrrvauedsstmingn,,Miscelanous cseQcrupr.iotiate Grand- •These otal T • * Railroads Public Iron, Tota—l Tot„l a "' Com on O.ther Pref red Com on • > - « *'• • ' J § OtherFarm * United 4 ■ Motors Other — Land, Rub er Ship ing Oil Public Iron; Motors Other Land, Oil A Stocks— Total- Railroads Public Iron," Motors Other — Land; Rub er Ship ing Oil otal— T Railroads Public Iron, Motors Other Land, Rub er Ship ing Oil Total ).«*»■■(( <3 I HI The Commercial and Financial Chronicle (250) }3,000,000 Community (Continued from page 3) Security . $ 1,500,672,000 1,500,672,000 1,501,274,000 1,500,053,000 1,500,428,000 1,501,394,000 . $ 1,500.053,000 - . Refunding $ Dated Indebtedness 1,501,394,000 bills bills bills bills bills bills Apr 1 91-day Treas. Apr 3 91-day Treas. Apr 15 91-day Treas. Apr 22 91-day Treas. Apr 27 Apr 29 52-day Treas. 91-day Treas. U. S. savings bonds Depositary bonds._ 1 Apr Apr antic'n Tax 1 Apr bank til,000,000 for 511,230,774 four 7,502,860.000 1,517,546,774 4,703,823,780 9,020,406,774 & & Co., Co.; Placed 43,347,000 Notes 302,513,000 101,163,000 and t259,166,000 172,192,000 l. Halsey, by for 71,029,000 Inc. Co. Hendrix Electric Mayes, & Broome Co., and accrued Co.; for expansion interest. Kidder, Telephone J, due for Feb. 101.467%. Price, & Co.; Dillon & Eastman, Freres & Co.; capital April 1, make advances Price, 102.596% 1979. Goldman, Lynch, Smith, Barney & Co.; Stone & 1984. Purpose, Co.; Paine, Co.; Stroud & Co., Inc.; Co.; Co.; Laurence Janney Webber, & Jackson & February73,773,000 24,050,000 49,723,000 man 153,823,000 142,345,000 11,478,000 Brothers; 227,596,000 166,395,000 61,201,000 Certificates M. Notes __—— Ripley Co. All Inc.; Total February Oil Co. & due through 10-year sinking land March— Certificates 189,283,000 — 229,000,000 134,474,000 $28,020,000 investments in March for April— • Power and *$1,575,000 Fifteen for 164,000,000 115,727,000 Robinson 116,700,000 $68,850,000 Byrd Brothers; 327,577,000 46,877,000 280,700,000 «& for four months— •Comprises sales to and notes and Old and Age Retirement Zone Retirement Fund, Alaska Railroad Retirement Fund, Government Life Insurance Fund, National Service Fund, Federal Deposit Insurance Corporation, and and Loan Insurance Corporation. tNet retired. System, Insurance Savings *1,000,000 BUILDINGS. Hundred Walter Walnut *1,500,000 ETC. Street 1, ' *15,000,000 1, 1955 Western dated 1969, to to to Offered Price, maturity. Pressprich Co., Wells *12,000,000 & Inc.; Illinois Co., & Illinois Co., Price, at John Public Hancock Insurance Aetna and June accrued Co.; Life Yantis Co.; & Co., according Inc.; E. Haupt Service due interest. Life Insurance Connecticut New Co.; 1,845,000 International England Benefit Great and Life Mutual Insurance certificates, inclusive. from by $4,575,000 series FF, Purpose, 1.80% Blair, to due for Pacific 25/r% Ry. to and equipment trust & series Pacific NN, Purpose, 1.30% for to Salomon 2%% Co. due equipment annually April construction. new 2.75%, according 1, to & Hutzler; Drexel and Stroud &..Co., Inc. & PUBLIC working capital. Price, & 70% of principal Offered amount. Penn April due E, Utilities 1984. Co. Purpose, 4% for privately with John Hancock first new Mutual mortgage Sons; Co. D, Co. Power & Light Co. 3!/8% first mortgage bonds, F, due April 1, 1984. Purpose, refunding ($8,000,000) new capital purposes ($10,000,000). Price, 100.486% and accrued interest. Offered by Lehman Brothers; Glore, Forgan & Co.; A. G. Becker & Co. Inc.; Blair, Rollins & Co. Inc.; Cohu & Co.; Dewar, Robertson & Pancoast; First ston, Lemon & Metropolitan Paine, Co.; St. Webber. Kaiser & Co.; Louis Jackson £?• Inc% Reinholdt & Stetson Co.; Securities Company, Inc., J. Curtis; J. C. due & & Co.; & Co. Q, due May new accrued ! Go *17,000,000 Reserve ' i ' J* * I*' i interest. : ! ! } •' Indianapolis Co.; Linn; Cook Barret, Inc.; L scribed Richard & Co.; Fitch. W. North Clarke <fc & Co.; Corp.; Gardner; Rodman C. F. Sterne, Casseil Agee and IrVlne J' Rlce & Co'' Inc' & & & Purpose, bonds, series construction. new Offered by Hornblower Wells & Co.; & t mortgage sinking due May 1, 1965. working for by $100 of capital. without company, Corp. Offered Corp., April 1, Finance 3%% Co. T. & Feibleman J. subordinated Purpose, Feb. due notes Placed for interest. accrued promissory Purpose, for working capital. working Gearhart 6% 1966. and 10 and and by and America of due A, debentures of improvements for unit. per 1, privately with investors. (James), serially April capital Inc. institutional 5V4% capital 1957-1966, 1, notes, inclusive. expansion. and Placed series Purpose, due A, work¬ for privately through F. Eberstadt & investors with five Inc. Co., Short-Term Bonds and Notes (Issues Maturing Up to and Including Five Weeks; & & Pollock E. Co., to and *$15,000,000 General nated Van first mortgage bonds, series bank repay and loans and for Northwestern with Massachusetts ;\ Farm new Mutual Mutual COAL, COPPER, Iron and and Dec. for Glore, Loan v ' Ltd. general first* 4>/2% 1967.; 1, v Price, New ' at May Loan fiscal MANUFACTURERS (Preferred stocks ferred stocks American privately with through Kuhn, G. ($800,New- G. New due 1954. 1, capital. Price, at par. New York, fiscal consolidated dated May repay to commercial funds for Offered for the and Federal due May Farm 1, 1959. bank borrowings and to operations. Price, 100%> and by Macdonald G. Newcomb, lending interest. agent 1954 3, banks. small a Loeb institutional of group of of stated a no offering Power & loans and share and & MANUFACTURING AND Engineering, sinking 3Vs% Inc. fund Drffy-Mott Co., Inc. 4%% promissory Purpose, refunding ($1,300,000) 1969. capital ($800,000). Insurance Co. of Owens-7/linois 1984. tal. New Glass privately note due and for with Sept. 1. working the Mutual Life York. 3Vs% Co. sinking fund notes due Purpose, to repay bank loans and for working capi¬ Placed group of Sessions privately with pension trustees. Clock inclusive. inventories. Verson 1966. Placed Co. Purpose, Placed Allsteel Purpose, serial for for new Co. company and a due March equipment and through M. J. promissory general notes corporate privately through Goldman, Sachs & 1, 1956-1963, to Louden, due purposes. Co. increase Inc. Oct. 1. Placed Securities \ s/ 280,038 Central mon $22 Butcher Marache & Louisiana stock while par, pre¬ stock common are 70,000 Offered Corp.; Bear, Ball, Stearns shares by 4.32% of Purpose, Price, to repay $101,647 Lehman Burge & Co.; & per Broth¬ Kraus; Blunt Ellis & Co.; Electric Co., Inc. 12,729 shares of com¬ Purpose, for new construction. Price, Offered by company to the public without (par $5). share. underwriting. per 4,000,000 Empire District Electric Co. 40.000 shares of 4%% cumu¬ lative preferred stock (par $100). Purpose, to repay bank leans and for new construction. Price, at par and accrued dividends. notes privately Press insurance an at Sherrerd; Byrd Brothers; GranIra Haupt & Co.; Hayden, Stone & Co.; Henry-Seay and Co.; H. Hentz & Co.; Hirsch & Co.; Hornblower & Weeks; The Milwaukee Co.; Prescott, Shepard & Co., Inc.; L. F. Rothschild & Co.; Shearson, Hammill & Co.; Sills, Fairman & Harris, Inc.; Swiss American Corp., and E. L. Villareal & Co. Simmons; bery, ties Corp.; White, Weld & Co.; Dean Witter & Co.; Securities Corp.; Estabrook & Co.; Riter & Co.; Wertheim & Co.; Folger, Nolan-W. B. Hibbs & Co., Inc., and G. H. Walker & Co. dividends. Williams & Co.; Baxter, by The First Boston Corp.; Blyth & Co., Inc.; Glore, Forgan & Co.; Kidder, Peabody & Co.; Merrill Lynch, Pierce, Fenner & Beane; Stone & Webster Securi¬ American American ers; Co. (par $100). construction. for^new accrued taken UTILITIES Light bank INDUSTRIAL are all classes of and prices.) PUBLIC $$7,000,000 Arkansas )00,0QC value par value par their at in¬ Co. & computed Underwritten *1,500,000 1955. 1, * consolidated 1.35% and .Newcomb, 2V4% Banks deben¬ tures due May 1, 1979. Purpose, to repay bank loans and for working capital. Price, 100% and accrued interest. *500.000 Banks working preferred stock $15,000,000 Combustion *40,000,000 Macdonald STOCKS OTHER *2,100,000 by 1954 3, MacDonald bonds accrued privately with institutional investors through A. E. Co., Inc. and Dominion Securities Corp. Feb. due » provide & consolidated 1.45% and agent. additional Land Purpose, t working and "new money" agent. 71,000,000 Federal ($12,($4,750,000). subordi¬ for investors. Agency Issues 1954 Credit May junior Purpose, Banks Offered fiscal dated by 3, par. 3%%. institutional ($75,830,000) York, for Offered refunding purposes with |Credit Intermediate Purpose^, sinking mortgage Purpose, corporate Co. dated debentures • Corp. 1957. 1, and Government Intermediate 41,800,000 Federal & April privately Purpose, refunding \ ETC. Forgan Acceptance due Placed debentures first mortgage bonds, series A, Purpose, for new construction. Placed Mines, due Motors notes $76,630,000 Federal Life Co. 4'/4% 1980. Years) MISCELLANEOUS The cumulative Co., Leach; de¬ 1969. P, Price, Halsey, Stuart Wm. Thomas Co.; privately Co. STEEL, bonds, vestors & °versub" units $101 Talcott ing Co., Staats publicly Purpose, series capital. Barney & Co. Placed Share Reinholdt *2,500,000 Co.; Transportation Corp. 4% equipment certificates, series 53, to mature quarterly to and including April 1, 1974. Purpose, for new equipment. and Corp.; Pacific Northwest & Co., Inc.; Van Alstyne, Noel vvatling, Lerchen & Co.; Emanuel, Deetjen & Co.; Newhard, i & R. 31, subordinated convertible de¬ 250,000 shares of common stock and in Finance 1969. Co., & first and and Price, 100% capital, etc. by John C. Kahn Co. institutional trust Raffensperger, Hughes & Bond 1969, stock. *4,000,000 Seaboard Co. EQUIPMENT & Corp.; A. C. Allyn & Co., Inc.; American Securities corp.; Blair, Rollins & Co. Inc.; L. F. Rcthsch ld1 & Co.; Spencer Trask & Co.; Alex. Brown & sons; Estabrook & Co.; W. E. Hutton & Co.; Fulton, Reid & Co.; Riter & Co.; Farwell, Chapman & Co.; H. Hentz & Co.; Rhoades & 5% 1950 loans Inc.; Hunter Securities Oversubscribed. Offered Of¬ May » Prudential Co.; McGlone & Scranton mortgage for Co.; & Mullaney, & Placed 1, *$12,500,000 General Corp Securities Loeb, M. W. ■ Steep Rock Ames Offered Co.; M : 100.3948% first 3% Schwabacher Mining June Placed Co. Price 100,000 Co. comb, fund first mortgage bonds, series Purpose, refunding ($40,000,000) and ($10,000,000). Otis, & new & due 6% Inc. Price, working interest. sold. coupon underwriting. 1, Offered cents) of due for Barney Carl Co.; William interest. Bruce Co.; Noel 1979. Smith, Inc.; Union i 1984. accrued Chas. Inc.; bank due 1974. privately with a group of life insurance companies, includ¬ ing Northwestern Mutual Life Insurance Co., ; through & by Glore. Forgan & Co * Blyth Goldman, Sachs & Co.; Harriman R'ipley & Co Inc ; Hemphill, Noyes & Co.; Kidder, Peabody & CoSmith, Barney & Co.; Stone & Webster Securities & I 1, construction and Bretscher All Oversubscribed. Purpose, accrued Heller, IRON, ?50 000,000 Commonwealth Edison Co. 3% for loans and Inc. May Park, 10 shares construction. bonds "Dftcon unsecured purpose, Services, (par through due of repay bentures program. $207,670,000 Co.; Stroud Magnolia 000. & Corp.; Rothschild bonds Smith, Carl & Co.; & Inc. 1984. Insurance Meeds* Pierce due capital.- new stock; plant. other general corporate principal amount. Offered by without dated 100%. at of racing of underwriting. Whipple & Co.; Robert W. Insurance. John¬ Bissell & Rauscher, Strauss s. Wheat Ellis Weeks* Hanseatic York Gardner; L. F. Corp.; and Laird, New & Green, Price, 1954 $1) (par shares by 3V2% ■ due Jan. Corp., ,3% promissory notes for working capital. Placed institutional Investors. Gas to 100 Co. bonds operation April privately Acceptance 1959. bonds and due & stock common Offered 1, 100% public, 1, Purpose, through Placed - Securities Corp. Colo. June $32,000,000 for & fund unit. debentures, and Corp.; Bacon, Harris, Co. series of Michigan Corp.; Foster & Marshall; Andeison; Ira Haupt & Co.; Hornblower Nov. April due debentures mortgage of and Hunter Price, to notes equipment'"and Motors 45,000 Household Co. mortgage bank repay McDonald Power 1, Inc.; ns.ooo 000 Central and due Placed privately with first 101.931% Inc.; Loeb & & construction. bonds, Insurance for interest. privately capital. first bonds Denver, for Inc.; Placed Life to *1,250,000 Western Kentucky Gas Co. 4% by construction. and amount. Securities Co.; and Alstyne, Co. California-Pacific series and dated company of per Inc. Genkrfd *15.000,000 mortgage debentures accrued through Reynolds shares construction Club, capital Inc. 6'% Inc. $1,000 $1,150 purposes. mortgage Inc.; Boettcher & Co.; Cooley & Co.; H. Hentz Fairman 250,000) *2.000. 000 of for Placed working for 140,000 bentures 2,500,000 3% Co. mortgage 3'/j% Co. Purpose, & Milwaukee & UTILITIES Telephone Corp. 6% 10-year convertible debentures, due 1964. Purpose, for expansion and first loans Johnston, Lemon & Co.; Co., & trust C, Tellier Price, Aspden, Robinson & Co.; Bear, Stearns & Co.; Dick & Merle-Smith; Fauset, Steele & Co.; Robert Garrett 831,020.000 series units and 200,000 Denver and W. Scranton & 33/e'% Price, Weeden due Alaska in Laurence M. Marks: & Co., and Telephone and promissory 6V2% Plan Downs, 1964 3%% Mutual, Purpose, first 100% Co. refunding. Purpose, Investors Purpose, Co., construction. & Co. & Finance 1964. 1, & Corp. Purpose, 1,400,000 Cahokia to repay bank loans and 102.461'% Price, bank Light & Union 100.50'% *$15,000,000 $270,000 3'/8% Co. Purpose, of principal Nevvburger, Life maturity. Offered by & Co.; Union Securi¬ Bros. ties Corp., 1, with & Sold privately to five Ind. 3%-3%% first mort¬ 1955-1964, inclusive. Purpose, 15, Price, C. Ziegler Dillon Noonan, first new 1974|. Budget institutional investors. 13 Loewi due certificates certificates, 1955-1969, inclusive. Price, to yield from Co. repay 1984. Co.; $12,000,000 West May 14, 1955-1969, inclusive. Purpose, for equipment. Price, to yield from 1.45'% to 2.80%, $7,905,000 Southern for Sold $51,345,000 Co. according to maturity. Offered by Halsey, Stuart & Co. Inc.;. R. W, Pressprich & Co.; L. F. Rothschild & Co.; Freeman & Co.; Wm. E. Pollock & Co., Inc.; Gregory & Son, Inc., and McMaster Hutchinson & Co. of by Inc.; annually new to Baird & Co., Offered Williams trust *600,000 All sold. 3%% Mexico Purpose, Electric 1984. Allyn & Co., Sills, maturity. Baxter, 1, mortgage bonds due construction, etc. Placed new New 1984. and Chas. Edison 1, Co.; Life Insurance equipment Co., Power C. & Insurance Co. 2%% & bank Lafayette, April Loan Eastman, first principal amount. England construction. with General Life Co.l 'Weeden & Inc. 4,/2%' Pa. MISCELLANEOUS Mackall Brothers Phila., Purpose, to repay and working capital. $1,775,000 investors. 101.42% fered A. May 1, 1955-1969, equipment. Price, to yield Inc. for of 1, of New group $15,000,000 Utah annually according Cl & RR. new 3.05%; Rollins Northern due Northern Thomas 4% Stern Inc.; by B. -$25,000,000 Beneficial Co.; Copeland Patterson, Co., & a Metropolitan Life 1, Freeman 1987. Purpose, for new construction privately with institutional investors Price, & The Co.; Mullaney, privately Co.: Mutual Offered accrued in¬ Offered by Equitable Securities Corp.; Lee Higgin- 1, May Connecticut Co.; & Co. construction Southern and + Co. April April 1, Purpose, Inc. Placed new *14,000,000 Toledo W. R. Pollock & Co.; & & Co.; Placed mortgage 30-year 4'A% 1982. Purpose, refunding. 1, Insurance Mutual & Co. Wm. Ira & Corp.; Hirsch Co.; & Putnam consolidated due Mutual Life 3.00%, to Co.; & Inc.; Coke Purpose, 100.46% April trust annually May for new equip¬ Stuart Hutchinson. S. RR. and par Insurance Son, F. D, Co.; Co., Freeman & and rseries 1.65% Halsey, McMaster Central bonds, by equipment due and Purpose, from yield Greogry Co.; 1954 inclusive. ment. 27/a% Ry. 1, May Wells son Corp.; Hirsch & Co.; Cooley & Company. i RAILROADS North Equitable Securities Schmertz & 1974. terest. ' & April Williams Baxter, clue construction. Co.; / Corp., 1969. company. Parish, bonds new All sold. due due improvements privately with Later Than Five Years) certificates, Co.; & Stokes & Co.; Gas institutional Maturing ' bonds & Bodine; & for Boniface gage for note insurance an St. 200,000 W. Co.; Cleve¬ Cook Crouter mortgage & and to Clayton Securities Corp.; R. L. Day & Co.; C. R. bonds due t Robert Reid The First mortgage loan Harri¬ privately with Metropolitan Life Insurance Co." for $$4,695,000 Chicago first $8,000,000 Southern Indiana Gas & V first Inc.; B. W. Pizzini & Co., Inc.; Wm. E. Pollock & Portland June Capital Flotations During April, 1954 (Issues Townsend, Heller, Bruce Price, Long-Term Bonds and Notes loans. by Co.; Fulton, Newhard, Co.; & & Bache Co.; bonds Details of New & Stone & Co.; Inc., and Arthur L. Wright & Co., Postal Service 3'/a % Mullaney, Inc.; Co.; Fund, Federal Foreign Offered Watts & Co.; Masten Merle-Smith; Coe; Kendall, Survivors Insurance Trust Account. Fund. & Co., certificates notes; Retirement Savings Life Federal to Service Canal fl47,796,000 1,214,245,000 series certificates Adjusted Sefvice Certificates Fund and Unemployed Trust Fund sold Civil 1,066,449,000 special of & Company; & Total E. Co. 47,850,000 April bank repay Purpose, to repay bank loans and for new construc¬ tion. Price, 102.461% and accrued interest. Offered by Halsey, Stuart & Co., Inc.; Anderson & Strudwick; Aspden, Dick Total Hayden, DeHaven 279,727,000 — —„—i.' to interest. McDonald Co.; Baker, Co.; bonds, series working capital. Allen & Co. on basis. LAND, 1984. ... Certificates Notes $67,737,000 363,474,000 295,737,000 & and Joseph, Mellen & Miller, Inc, and Mackall & Coe. $20,000,000 Ohio Total Inc.; & Corp.;-A. Eioren $39,717,000 106,454,000 —— Notes Co., & Co.; fund 31, 1964. Purpose, for (flat). Offered by Lynch, 100'% "best-efforts" a 6% March Price, Co., Inc.; Goldman, Sachs & Co.; Lehman G. Becker & Co. Inc.; Blair, Rollins & Co. Clark W. & Freeman & OIL B, sinking fund debentures due accrued Hallgarten & Co.; Balrd E. for Reynolds Co.; sold. & A. & Marks $77,100,000 to repay bank loans increase to subsidiaries and & Securities & , Purpose, to, Webster Curtis; Wertheim ' 7 & Co.; Tucker, Anthony & Co.; G. H. Walker & Co., and Yarnall, Biddle $100,000 Landa placed & Hornblower & Fenner Weeks; W. H. & Co.; A. C. Allyn & Co., Inc.; Alex. Brown. Central Republic Co. (Inc.); E. W. Clark & Co.; Langley & Co.; Lee Higginso Corp.;* F. S. Moseley C. & bonds, mortgage Privately Sachs Pierce Sons; W. & first Co.; Drexel bonds, mortgage Purpose, for new construction. 3.40% & Co. Co.; Merrill & and 99% Co./Inc.; Newbold's Son and Co. expenditures. Peabody & White, Weld Price by The First Boston Corp.; Blyth Corp.; Chisholm Varnedoe, Inc.; & 3.45%'first Ltd. Co. 15, ($14,655,000). Underwritten Peabody Lazard first mortgage bonds due April 1, construction. due March 1, 1984. Kidder, tl88,137,000 403,676,000 215,539,000 January Stuart <fc Corp. 3%% sinking fund debentures due April 1, Purpose, refunding ($3,345,000) and to repay bank Beane; $15,000,000 National Fuel Gas Co. 3'/4% Total 1974. privately with several institutional investors through series JanuaryCertificates York loans Offered Stockton and *2,500,000 Hawaiian $ $ 18,000,000 and Dillon, Read & Co. Inc., and Dean Witter & Co. Net Issued Retired mort¬ 101.93% Co. new interest. *6,000,000 Hawaiian FINANCING Issued Insurance Purpose, for series I, ♦INTRA-GOVERNMENT Price, by The First Boston Corp.; Goldman, Sachs & Co.; Merrill Lynch, Pierce, Fenner & Beane; The Robinson-Humphrey Co., Inc.; Coffin & Burr, Inc.; Dick & Merle-Smith; Baker, Watts & Co.; E. W. 2,396,000 48,391,178,780 43,687,355,000 months Life accrued 511,230,774 2,396,000 April——, for first 30-year Co. Georgia Power Co. 3'/»% 1984. 2,191,000 Gas Natural Paso Clark Total Offered interest. politan notes- Total 3V4% construction. new 4%% sinking fund debentures due Oct. 1, 1968. Purpose, for new construction. Placed privately with 14 institutional Investors, including Metro¬ *12,150,000 El 1,000.883~600 1,500,313,666 1,502.504.000 Co. Service for loans and accrued 846,000 1,000,883,000 Public bonds, series D, due March 1, 1984. Purpose, to repay gage New Total Amount »Accepted Type of Monday, July 19, 1954 ... Walker & Harriman Merril Underwritten Co.; Blyth & Ripley Lynch, & Pierce, by The First Boston Corp.; G. H. Co., Inc.; Eastman, Dillon & Co.; Co., •Represents issues placed privately tlndir.at.es Issues sold competitively, tlndicates special offering. Inc.; Kidder, Peabody & Co.; & Beane; Stone & Webster Fenner Volume 180 5&43 Number Securities Corp.; The Commercial and Financial Chronicle ... White, Weld & Co.; A. and Allyn C. Price, Co., . Inc.; Central Republic Co. (Inc.); Hornblower & Weeks; W. C. Langley & Co.; P. S. Moseley & Co.; Bear, Stearns & Co.; Estabrook & Co.; W. E. Hutton & Co.; R. W. Pressprich & Co.; L. F. Rothschild & Co.; A. G. Sons; Edward D. Jones & Co.; Metropolitan Co.; Newhard, Cook & Co.; Reinholdt & Gard¬ Edwards St. & Louis Stifel, ner; Nicolaus & Co., Inc., and Stix Co. & (251) ,$15 by National Fuel tional Y'28,069,772 Gas 28,554 stock for Over¬ new subscribed. shares and (par S3). share. Evans : Purpose, for Underwritten & Co., Inc., 25,000 shares of stock common and McCleary & .Co., & Hemphill, scribed. Parker 1,500,000 General $2.50 > Telephone preferred loans and and advances for Web-ter of Indiana, (no from par). by Paine, Inc. 30,000 send, of shares Price, Webber, $50 share & Denham Stone Securities ; & Hartford bank loans through and for Kidder, t «ff. $11.25 1,449,244 Inter-Mountain Purpose,' to Telephone 142,500 Co. V; ,882,692 of repay A. Evans Co., & scribed '& Co.; Co. Cohn Fenner & & & Clark, Dodge & Co.; W. shares at Union Car' Jackson & E. M. Hutton & of from Co.; stock $100). (uar American Telephone Tel. Inc.; Irving Hutz- Stern, Telegraph for shares. No 6,300,000 Northern share. per Co. for Co.; & shares by A. of The Blyth William & Co., Pickard, & Co. & nor & H. John Co.; & R. S. Francis Co.; Ellis Co.; Byilesby M. (Inc.); Crutenden eo.; Tegeler & Blunt Co.; & W. & Corbett Burns;- & du Pont & Co.; . . Co.; & Harrison Harriman & Co.; Riple" Hemphill, & Co.; & , & Co.; Hickey Hutton Co.; Co.; Inc.; A. dall, & & & Co.; L. Schwanz Co.; Stifel, Henke Inc.; & Inc. Co.; ■V. Spencer Co.; Co. Inc.; Trask & & Ken¬ Co.; & Yantis Co. & Co to States bank repay $1.02 Co. (Minn.) stock preferred loans and for shares 150.000 $100). (par Co. construction. new Price, Inc.; Blair, Blyth & Byilesby and Republic Co. Rollins Co. Co. & Co.; J. Co.; Eastman. M. Estabrook Boston & & Inc.; Co.; Dillon R. & & & Day Elkins, H. Drexel Farwell, Co.; First Co.; Co.; The Chapman & Co.; The First Michigan Corp.; Goldman, Sachs of Ripifey Harriman Illinois Co. & Inc.; Kalman Co.; Co., & & Lynch; Hopwood; S. F. Prescott, Moseley Shepard & & Piper, Cj.; • rities Co.; Shuman, William R. Corp.; Spencer Union & Agnew Staats & Co., Trask Securities Co.; & Co.; and Corp., S. $75,075 A Pen stock Price, 15 cents speculation." "as Corn. per 299,500 Price. 7,500 for of unit. per without underwriting, general Offered by Clark, Dodge & Co.; Anthony & & Co. Co. % and for able dividends. Securities Barney & $100). & Co.: Co.; R. Dav by & ,ti Stone & & bank Co.; Inc.; Co.; & L. pre¬ loans share per Co., Forgan John Co.; cumulative repay $102 Blyth Glore, Hayden, L. 4.08% Price, Offered Corp.; of Purpo-e, construction. new accrued shares 50,000 (par and Equit¬ Smith, & 288,165 Diamond stock First Co.; 6% corporate & Co.; Newhard, Curtiss, House Sons; McDma'd Cook <te The Co.; & to company public, Reinholdt & $3.50 per fered by & Share Co., dei-s, Co.; A'mstedt Corp.; Inc.; John Peters. Stiver & B. Brothers; Joyce Writer Co; & Co.; & Indianapolis Co.; Wm. Christensen, J. Bo^d Mericka & & and Saun- capital stock Inc., (no par). Gas institutional a Snow Cement Co. 13,403 share shares "as Co. a of expansion Co. 17,526 for shares ' of shares 200,000 of shares of to repay loans $1.50 per share. Offeied "as a speculation." Corp. and for working to stockholders and $4.25 capital. Price, to public. Of¬ by Blyth <fe Co., Inc.; Bache & Co.; Dean & Co.; Walston & Co.; Bingham, Walter & Hurry, Inc.; Hill Richards & Co.; Hopkins, Harbach & Co.; Lester Ryons <fe Co., and Wagenseller & Durst, Inc. additions and improvements. and for Breaker (par general Co. 100,000 shares $50). Purpose, to corporate purposes. for and Bar¬ by & per BUILDINGS, share. per Rubber par). (no Price, ETC. Offered by public, to company Co. 3,540 shares Plastics <fe for share. equipment by Purpose, $25 by Aero Service Purpose, per stockholders, of of 4.60% pre¬ reduce bank loans Price, at par and common working and Offered for company without underwriting. Corp, for 27,270 shares of common stock (par working capital. Price, $11 per share. Drexel & Co., Inc.; and Stroud & Co., Inc. All sold. Cahokia Hemphill, by Noyes Ss , stock See under "Long-Term Bonds and Notes" in a Inc. Downs, $1). shares 140,000 of common column. Flagstaff Loan Co. 1,500 shares of capital stock (par $100). by for company working for capital, etc. Price, to public, subscription at Offered par. without under¬ writing. 250,000 Guardian Loan preferred stock at Co., Inc. by cumulative Price, under¬ 6% of Purpose, for expansion. company to public, without . . Improvement Home shares 2,500 (par $100). Offered par. writing. Financing preferred stock Corp. (par ' of 6 % warrants »-!» shares 30,000 $10—with purchase 60,000 shares of class A common stock) in um.i one preferred share and two warrants. Purpose, \o finance home improvements. Price, at $10 per unit. ( 1'of common Witter stock by common Corp. 161 shares of common stock Purpose, for improvements and working capital. $1,000 Purpose, fered for working capital, etc. Price, Underwritten by Merrill, Turben & Co. company Circuit other cents). Vuloanized (par investors. underwritten ferred common and share. Offered speculation." Purpose, Price, basis." Development preceding 150,000 Purpose, share. Gas <& per by company to public, without underwriting. 25,000 Magnolia 10 t Park, cents). See Inc. 475,695 Market Basket cents). 250,000 shares of common stock (J at* "Long-Term Bonds and Notes" in .1 under preceding column of this article. 28,830 shares of for expansion Purpose, common and stock (par 80 an 1 improvements working capital. Price, $16.50 per share. Offered by coi. pany for subscription by stockholders. Underwritten l y Bateman, Eichler & Co.; The First California Co., ti. I William R. Staats & Co. (Continued on page 8) « sold. All Purpose, $1), 12 for subscription by Consolidated En¬ gineering Corp.1 stockholders. Unsubscribed shares (18.931) 5,000,000 I-T-E 262,890 Pennsylvania Mt. Co., 210,000 shares of 43/4% preferred stock expansion and working capital. for Corp. for $2 10 (par $4 per share. Price, "best-efforts a ex¬ Luster Gas Co. 599,000 shares of common Purpose, to develop properties, etc. share. Offered by L. D. Sherman <fc speculation." Underwritten 300,000 20,000 , stock common on by MISCELLANEOUS $299,970 "as a speculation." Engineering Fahey, Clark & Co.; Joseph, Mellen & Miller, Inc.; Seott, Horner & Mason, Inc.; Smith, Moore & Co.; Stifel, Nicolaus & Co., Inc.; Co.; & Portland per dated Stix "as of Purpose, cents). Oil (par drilling Offered 2,000,000 Corp. Co., Inc. 10 $1). purposes, i Corp. 441,604 shares of capital stock (par Purpose, to repay advances received from Consoli¬ $1), Co.; Garrett Oil cents 50 subscription cumulative pre¬ 1,559,812 EFcctroData Michigan Corp.; Blunt Ellis & Simmons; Field, Richards Robert Co. Purpose, (par $21.50 of Gardner; State (par capital. Drexel & Co.; Hornblower & Weeks; Co.; W. C. Langley & Co.; F. S. Moseley Webber, Jackson & Curtis; Shields & privately with Rothschild F. Kormendi Howell $1001. (par & Milwaukee Texas stock subscribed. acquisitions,' Co. & Price, Securities & capital of per- stock¬ by etc. Price, $3.75 per subscription by stock¬ Fully for shares Allen Gas 25 for for working capital. cents). (par capital, $1 per share. speculation." a purposes, Southern cents 60 Corp. 297,000 shares of common stock 7,250 & 10 Price, RUBBER Oversubscribed. Placed common without underwriting. Reinholdt & Gardner; Van Alstyne, Noel & Co.; Watling, & Co.; Ames, Emerich & Co., Inc.; Baker, Simonds & Co.; First of Michigan Corp.; The Marshall Co.; Sills, Fairman & Harris, Inc., and Yarnall, Biddle *2,000,000 Bell stock Oil cumulative Co. Power ferred Co. Texas Price, Offered Oversubscribed. $5,000,000 Ohio "as LAND, Lerchen & Securi¬ of for subscription Oversubscribed. 77,624 shares Purpose, Lynch, (par (no par). Goodbody <fe Co.; Nugent & Igoe; Stroud & Company, Inc.; The Milwaukee Co.; Newhard, Cook & Co.; & & Paine, shares purposes. underwriting. by by com¬ Company; & shares of drilling ex¬ per share. $7,684,590 & Co.; Hutton cents Northeastern and company Oil Purpose, stock 2,096,250 Allied Products Corp. 65,000 shares of common stock (par $5). Purpose, for expansion and advances to subsidiary. Price, $32.25 per share. Underwritten by Hemphill, Noyes & Co.; Smith, Barney & Co.; A. G. Becker & Co. Inc.; Moore, Secu¬ Oil and 7,500 shares of common stock and Grubbs; Corp. 280,000 shares of capital Purpose, for drilling expenses and Price, Co. in units of one share of each class of stock. equipment $10.01 shares for Purpose, 2,000,000 working by cents). etc. Landa Price, MANUFACTURING AND Clay¬ sold. 500,000 Corp. Co. Inc. Corp. working capital. share. F. & All Inc. Price, >60 company for a (par $10) (par one cent) Purpose, Lynch, Walker H. Products ferred Jaffray Shields Tucker, G. Co. Kirkland Co., cent). Cantor without 10 corporate Mining Corp. 2,000,000 shares of com¬ cent). Purpose, for mining expenses INDUSTRIAL E. Webster & Oil Offered Offered $88,500 W. Smithers Inc.; F. Stone Co.; Chica Purpose, cents). one capital. Tellier & OTHER I Company; Co.; (par working Co.; & capital. by Harlan-Franklin 29,000 ETC. for subscription company Boettcher Blair Dewar, Robert& Co., Inc.; First Howard, Weil, La- Co.; River stock Kirk- Inc.; Bolsa stock $779,000 Miller Hayden, patrick-Pettis Co.; Lee Higginson Corp.; Merrill Pierce, Fenner & Beane; The Milwaukee Co.; Leonard Co.; & Offered Securities $161,000 Uj-anium stock and Collins Co.; by Inc.; Irving Oil & one corporate Uranium Offered & York cents). general 4,000,000 McBride stockholders. mon Central Morris share. '300,000 Paradox & Co.; & Co.; Mining Co. 1,200,000 shares of common stock (par Purpose, for drilling expenses, working capiand other general corporate purposes. Price, 15 cents per M. Julien Co.; L. Co.; Son§; Phillips Dodge Blair William Brown Caldwell Clark, Dain Corp.; Co. Alex. (Inc.); (Inc.); <fe & Inc.: B. 10 (par penses, cents). mon per Co.; & tal - & Se¬ Weeks; Co., & Co.; & Inc.; & Evans Co.; Gas Horn-Powder (par of Purpose, share and accrued dividends. Offered by Barney & Co.; C. S. Ashmun Co.; Bacon. Whipple Co.; Robert W. Baird & Co,, Inc.; A. G. Becker & & • , Smith, & • by Power cumulative Range & 10 cents). Purpose, for drilling barge and. Price, $1 per share. Offered by Crerie & Co.; Otis, Inc., and Barrett Herrick & Co., Inc. & Howell five witter D°an S. F. S. (par holders, 297,000 Mines, Inc. 1,495,000 Shares of common stock (par one cent). Purpose, for exploration and development: expenses. Price> 20 cents perA share. Offered by H. J. Cooney & Co. Front Allyn Jenks, Co.; W. Tidelands, Continental COPPER, Co.; sold. Co. 180,000 Oversubscribed. $4.08 & $299,000 and & by share. Inc.; Q'Neal-Alden & Co., Inc.; and Wagner, Reid and Ebinger, STEEL, COAL, Co., A. Reid and (par stock Swift, Weeden Co.: & and Lyons & C. Boenning & Weeden and working rett Herrick Wchster & McDowell* Co.; & Weld Co., L. A. & Fenner Webster Co. $1). 300,000 IRON, Robert Brothers Ctone & W. Co.; & Warren equipment. & Kentucky Co.; Co.; & Hornblower Co,; holders, without underwriting. repay Inc., & Sachs Pierce, Stone Central Fulton, stock share. 50,000 shares of common stock Landstreet Goldman, Lynch, Co.; Clement Natural American other 291,090 Clark, Inc.; Co.; Sullivan Jones and stock and $117,849,866 Riler Sincere S^ern Blosser White, Co.; Wortman S. F. Co.; & In;.; to Co.; D. Allegheny All All sold., Kenly; Paine", & & Ha:nmill Harris, & & Rice Co., Inc. Tracy, Inc.; RothsS°lomon Bros. & Hutzler; Co.; <fe Straus, & R. G. tl5,000,000 Northern V Nicolaus Winress Co.; & Lynch, Co.; Copeland F. Purpose, Price, C. Crowell, Friedrichs Co., and 168,000 Big Watts & Turner Bioren Co.; Gearhart Smithers & & Co.; S. F. Baker, & W. Pancoast; stock . Odess, Martin & Herzberg, & Shearson, Barney Corp.; & Rogers Fairman Smith, Securities > Daniel Co.; Linn; Inc.; Co., Sills, Company; Patterson, $5). Security. Associates, M^Cor- Co.; & Price, $105 McGlone Norris Co.; & & & Merrill O'Gara Co.; & ties 2,000,000 Inc. Blackstock & Co.; The u F. Carl Milwaukee & E. Peabody Brothers; n Curtis; Rothschild F. and The Wells Alfred Co.; Reynolds Rodman Showers; Weeks; & Kidder, Lebm Beane; & & Inc.; Co.; Co.; Corp.; Mullaney, Noyes Jackson Webber, . Illinois McDougal & Condon, Inc.; McMaster Hutchinson <fc Co.; Pierce, Fenuer Moseley & Co.; David Hornblower Inc.; The Higginson & Co., Co., & Co.; Lee mick & <fc cumu¬ Kikpatrick, Inc.; Dempsey-Tegeler & Co.; Doolittle & Co.; Clement A. Evans & Co., Inc.; Kalman & Company, Inc.; Stein Bros. & Boyce; Bateman, Eichler & Co.; Bell & Hough; Hancock, . Hentz H. & Inc.; Son Bosworth, common Glore, Forgan & Co.; Drexel & Co.; Bacon, Eppler, Guerin Leach; Agee & Plzzini & Co., Bond Carter Inc.; Co., Noves Co., Inc.; penses bank loans. Price, $10 per share. Underwritten by Equitable Securities Corp.; J. J. B. Hilliard & Son; William Blair & Co.; J. C. Bradford & Co.; Hirsch & Co.; The Robinson-Humphrey Co., Inc.; G'. H. Walker & Co.; Almstedt Brothers; The Bankers Fir.~t garten H. Sterne, (par Eldredge, Tailman & Co.; Farwell, Chanman oi Michigan Corp.; First Securities Co. of Chicago; Freehling, Meyerhoff & Co.; W. C. Gibson & Co.; Goldman, Sachs & Co.; Goodbody <fe Co.; HallCo.; & 500,000 Western Kentucky Gas Co. Co.; & Weeks Baker, capital. $1). OIL $300,000 ; Inc.; Blyth & Co., & Sqns; Co.; ; Mul- refunding ($1,263,000). Curtis; & 4.40% Purpose, working Merrill Barney & White, Weld & & & Offered of shares $100). by (par $17,109,302 Austin, Hart & Parvin, construction Baird Co.: <fc stock common • of ! Inc.; Co., & & M. Michigan Corp.; Hayden, Miller & Co.; Stein Bros, j Cruttenden & Co.; Scott & Stringfellow; Stix j Co.; Hallowell, Sulzberger & Co.; Scott, Horner & Mason. '( B. W. • & Dillon Eastman, 37,592 (par Jackson W. Inc.; H. First $11.50 Lundborg &. Co.; Mason-Hagan Inc.; Newberger & Co.; Pacific North¬ west Co.; Parrish & Co.; Rotan, Mosle and Cooper;. Rouse, Brewer & Becker; Stifel, Nicolaus & Co. Inc.; Thomas & Co.; Westheimer & Co.; Woodcock, Hess & Co. Inc.; Arthur L. Wright & Co.,/Inc.; Wurts, Dulles Oversubscribed. Co. stock Co.; Co. Co.; Co.; Edward ; Inc.; Co., bouisse, Boyce; Inc.; Co.; Demp ey & Co.; DempseyDickson & Co., Inc.; Doyle, O'Con¬ I. & & Newbold's Southwest t Co., Co.; Noble Offered by Harriman Ripley Robert Company; & & & B.- Hibbs Webber, & Collins Julien Inc.; Blair Hague Inc.; A. C. Allyn & Co., Inc.; Co.; Central (Inc.); Co, Clarke, Nolan-W. Smith, Co. new 1 > Co.; First of Simmons; & preferred share. Co.; Brown son y Curtis;:; Schwa- ] Mitchum. Tully-& Co.; Stix & Co.; Lukens; Utilities Texas Merrill & Shepard William Dempsey-Tegeler Folger; Corp.; -Whipple Boston C. Boettcher Inc.; Inc.;. Republic Blair (Inc.); Co. J Dillon Co.; of and Dillon Clark baugh Evans & Co., j Richards & Co.; i Hill Corp.; Fox; Paine, Price, First & Price, & Co.; & shares Eastman, H. & i (no Clement A. Prescott, Co.; & ($2,496,200) and Allyn & Co., Inc.; American Securities Corp.; Kane, Inc.; < Marks M. Price, Baird & Co., Inc.; Blunt Ellis & Simmons; Butcher Sherrerd; Courts & Co.; DeHaven & Townsend, Crouter Bodine; Lester, Ryons & Co.; Piper, Jaffray & Hopwood; Rauscher, Pierce & Co. Inc.; Reinholdt & Gardner; Singer, Deane & Scribner; Stein Bros. & Boyce; Battles ! & Stock common subscription for & \ Ja,ckson of capital. company & Raf- Eastman, Webber, working W. I Corp. Reid & Co.; The Ohio Bosworth, Sullivan & Cleveland Meyer and Beane; & Co., Rogers & Co.; Emerich & Co., Inc.; Bache & Co.; Bacon, Whipple Co.; A. G. Becker & Co. Inc.; Blair, Rollins & & Co.,, j stock Under¬ Republic Co. (Inc.); E. Langley & Co.; Lee Higginson .Corporation; F. S. Moseley & Co.; Paine, Webber, Jack¬ son & Curtis, Reynolds & Co.; Stroud & Company, Inc.; Wertheim & Co.; Janney & Co.; Laurence M. Marks & Co.; Tucker, Anthony & Co.; G. H, Walker & Co.; Yarnall, Biddle & Co.; Bacon, Whipple & Co.; Robert & Stone common (par for.gen¬ share. Co. by Freres Corp.; Alex. | of & stock Purpose, per 5,000 * shares expansion Smith, W. Lynch, Inc.; $2 Fuller 220,000 for Co.; W. McLeish; Co., common warrants. Price, $26.87'/i per share. Underwritten by The First Boston Corp.; Kidder, Peabody & Co."; Blyth & Co., Inc.; Drexel & ( Securities by Kidder," Peabody HHliard & Son; lative Ames-, Co. Todd Wells & Co.; Kaiser & Co.; +3,759,200 West common construction. new Underwritten Forgan & & of shares for Riter M. Byilesby & Co. Winslow, Inc.; and H. Corp. Offered Beane; ■ Pancoast; & First & D. Purpose, Corp. Lazard Peabody Merrill, Union shares Laurence Eddleman-Pollok per 400.000 Purpose, Glore, Corp.; Gas $5 (par $15.75 and additional an B. * & Fulton, Lundborg laney, underwriting, involved. Illinois Ripley Kidder, Inc.; Slade & and Paine, Gardner; Frank, Robinson 86.66% of 422,251 of owner J. J. Price, Ameri¬ parent. Co., & Michigan repay stockholders. Co., subscribed to Co.; Byilesby 63,159 Co. Offered Fenner Robertson The Co.; Purpose, Tel. & minority by .or Telegraph & Aim, Com;; & Bros. Allyn and' Company, Laurence M. Marks & Co.* & Sub ,cribeu par. stock Securities & Reinholdt Dewar, ^ C. A. Telephone capital ! \ of Barney for investments in subsidiaries, etc. share. per bacher Stone Beane; Salomon outstanding' stock „ & Loeh,„. Rhoades Curtis; & Company; States advances can Corp.; Co.; Fenner Anthony & Co.? H. Hentz & Co.j and Rand & Co. Tucker, 6,315,900 Mountain , & Shields Inc.; Pierce, Securities Weld Webber, ler; . Corp., Co.;; Webster by Smith, Corp.; Newton Co.;-Inc.; 250,000 Weld Purpose, par). S. Purpose, .; Allen & Co.; Coburn & Harriman Co.; Share : Co. Pierce, White, j com¬ shares 60,000 by 60,000 Lynch; & & employees. 5,912,500 York and 114,166 Leonard Moore, purposes Cable share. per share. per Shumaker, SOld. Lynch, & Co. $25.25 & & Beane; Securities Utilities by $1). (par City Securities Corp.; Collett & Boston Corp.; Glore, Forgan & White, Paine, by Co., Underwritten Goldman,: Sachs Webster All C. Lvnch, written First $50 Merrill of Co. covered corporate 57,500 Whitaker Newbold's H. W. Plastic cents) eral Purpose, to repay bank loans and Indianapolis Bond tl2,500,000 Texas Langley & Co.;'Blyth & Co., Inc.; The Fir t Boston Corp ; Smith, Barney & Co.; Glore, Fo'rgan & Co.; Goldman, Sachs & Co.; Harriman Ripley & Co., Inc.; Herr.phiT, Noyes & Co.; Kidder, Peabody Co.; & Electric & Inc.; The Lighting Co. 200,000 shares of 4.35% cumu¬ lative preferred stock, series E (par $100). Purpose, refunding. Price, at pr and accrued dividends. Un¬ & Co.; 138,656 shares Quinn Price, (9,056). Co., & fensperger," Hughes Island W. 25 & Johnston. by & Underwritten Gas derwritten 7- 120,000 Regal Auchincloss, Inc.; Inc.; Deane & Scribner; Chace, Whiteside, West Jenks, Kirkland & Grubbs. curities Inc.; Co.;'Kiser, Pierce, Robinson-Humphrey Co. Inc.; Anderson & Strudwick, and 20,000,000 Long Co., Mexico Co.; (no pan). shares Blyth Inc.; Inc."; The Lemon & & Indiana Company, common & Clement Pierce stock Horner Inc.; stockholders. ■ new & Mason, Masten New construction. by common stockholders. shares (10,775) underwritten by Courts & Co.; Equitable Securities Corp.; Mason-Hagan, Inc.; Scott, & & Co. & Singer, (Inc.) Offered by company for subscription by common stockholders. Unsub¬ subscription for company Unsubscribed Co.; Purpose, for. new construction. Price, Offered by company for subscription by common (par $10). Purpose, to repay bank loans. Price, at to stockholders and $12.25 per share to public. Offered by Stroud E. of for stock par Rollins public. Offered by stockholders. Unsubscribed shares Co.; A. share. per Southern Co.; shares and stock¬ company for Middlebrook Inc. privately Placed com¬ to (par $5). Rauscher, •:V'/.. Co. & of loans share per Claybaugh & Co., and Suplee, Yeatman & Co., Inc. stack mon, , 5.3% cumul~tive capital expenditures. Peabcdy $39.75 & common of bank repay Redpath; E. W. Clark & Co.; DeHaven & Town& Bodine; Elkins, Morris & Co.; Green, ,559,880 Public- Service Co. Co. *1,000,000 Hawaiian Telephone Co. 100,000 shares preferred stock, series E, (par $10). & Anderson; Blair F. Electric Light Co. 5,450 shares of common stock (par $25). Purpose, for new construction. Price, $45 per share. Offered by the company for subscription by employees. ■ price. 704,917. shares to Co.; Newburger & Co.; Parrish & Co.; Reynolds & Co.; Singer, Deane & Scribner; • Wurts, Dulles & Co.; Yarnall, Biddle & Co.; Warren W. York & Co., Inc.; Corp.; City Security Corp.; Indian¬ apolis Bond & Share Corp.; Collett & Co., Inc.; Mitchum, Tully & Co.; Kiser, Cohn & Shumaker, Inc.; Raffensperger, Hughes ■& Co., Inc.; R. M. Mayerstein Co., and E. Y. / 245,:250 to common Noyes & & Son (net). Curtis: per Jackson Price, Peabody & Crouter Ellis Purpose, to repay bank Telephone Corp. (parent) General construction. new Underwritten & Co. stock Co. dividends. Underwritten by Smith, Barney Si Co.; C. C. Collings & Co., Inc.; Blyth & Co., Inc.; Kidder,, Co.; Merrill Lynch, Pierce, Fenner & Beane; White, Weld & Co.; Hemphill, Noyes & Co.; Spencer Trask & Co.; Stroud & Company, Inc.; Yarnall, Biddle &• Co.; Janney & Co.; Schmidt, Poole, Roberts & Parke; Blair, i underwritten by The First Boston Corp.; Drexel Kidder, Peabody & Co.; Lehman Brothers; Merrill Pierce, Fenner & Beane; Blair, Rollins & Co. Inc.; Co.; Lynch, Oversub¬ Inc. same Purpose, accrued addi- an (49,321) new construction. Price, $9 per Starkweather & Co.; Clement A. by the Light & par). $40.75 subscribed^ for parent at Power (no subscription by 225,000 Florida Public Utilities Co. Co., construction. holders v Offered by company for sub¬ stockholders, without underwriting. minority Pennsylvania mon share. per scription 7 •Represents Issues placed privately. ^Indicates issues sold competitively, tlndicates special offering. i ■ , I ! H i fiJ 5~J t ( * stock Inc. $11. Purpose, to purchase aircraft and capital. Price, $1.50 per share. Offered Libaire, Stout & Co. for by Co.; A. M. shares Fire Union 6,014,835 National equipment Offered by Co. Insurance shares 200,000 by 812,500 New of Boston Peabody by Carl (no par). Aircraft Corp. 300,000 shares of common stock (par $1). Price, $7.75 per share. Underwritten by Van Alstyne, Noel & Co.; Baker, Simonds & Co.; Bingham, Walter & Hurry, Inc.; Bioren & Co.; J. C. Bradford & Co.; Stockton Broome & Co.; Butcher & Sherrerd; H. M. Byl¬ (Inc.); Clayton Securities Corp.; Courts & Co.; Crowell, Weedon & Co.; Cruttenden & Co.; Dittmar & Co.; Brush, Slocumb <& Co. Inc.; Chaplin & Company; Cullom Davis & Co.; Robert Garrett & Sons; Kay, Richards & Co.; Lester, Ryons & Co.; A. E. Masten & Co.; Mead, Miller & Co.; W. H. Newbold's Son & Co.; Pacific Northwest Co.; William R. Staats & Co.; Arthurs, Boyce; Doolittle Securities Lestrange Johnson, Lane, Space & Co., Inc.; Johnston, Lemon & Co.; Jones, Kreeger & Hewitt; Kalman & Co., Inc.; H. G.. Kuch & Co.; Lester, Ryons & Co.; Nauman, McFawn & Co.; Charles A. Parcells & Co.; Penington, Junkin, and Co., & Sulzberger Hallowell, Patton & Co. Mc- Corp. Finance & stock stock 271,758 Resort stock 25 by Airlines, 26,700,000 Safeway Stores, convertible and Offered share. stock Merrill for Bacon, and ! » 110,000 & - Struthers & Co. Wood, Southern Central Life Insurance Co. 5,000 shares of capltal stock (par $5). Purpose, for working capital, etc. Price, $22 Texas only, share. Offered by without underwriting. per public to company in 6,000,000 Super Valu Stoies, Inc. 12,000 shares of 5.40% cumulative preferred stock (par $50). Purpose, to reduce bank loans, etc. Price, $53.50 per share and accrued dividends. Un¬ derwritten by J. M. Dain & Co.;i Piper, Jaffray & Hop- | wood, !and Woodard-Elwood & Co. 246,708 Inc. 22,428 shares of 7% preferred stock (par $10) and 7,476 shares of common stock (par $1) in units of three shares of preferred stock and one share Trip-Charge, of stock. common capital. Price, Purpose, $33 for expansion Offered unit. per and by working stock Superior Offered by , (par $10). Sachs & Jackson ♦ l,3<ll 250 Blyth Maine 1,940,600 Central Oil stock common Price, $20 Lee shares per share. Completed. share. per 5,000 $12.50 97,030 shares Higginson Lee Co.; common Offered Corp., and stock stock (no Paine, Engineering, Inc. Webber,1 Paine, of common par). Price, $52.50 per share. Offered by Jackson & Curtis and Lehman Brothers. Webber, Completed. ] 1+187,500 Consolidated (par shares 26,500 Paper $10). Price, of Michigan & Co. per shares of share. common Offered by stock First Co.; Win. C. Roney & Co.; Reid, Higbie Goodbody & Co.; Bache & Co.; Charles A. Parcells & Co.; Campbell, McCarty & Co., Inc.; Baker, Simonds & Co.; Straus, Blosser & McDowell; Smith, Hague, Noble & Co.; Kenower, Mac Arthur & Co.; McDomJd-Moore & Winckler Co. 30,000 Croweli-Collier stock & (no Co., Inc. Co.; Nauman, McFawn & Co., and F. J. Oversubscribed Publishing par), Price, Completed. $6 Co. 5.000 per share. shares of Offered common by Blyth stock Hill, (par Metals $2). Richards & Supply Price, & Co. at Co. $14.50 6,678 per shares of share. with common Offered by the Corporation and 10 Dow in officers Fed. for After the of 4,172,000 4,689,000 8,782,000 L. Mr. firm the the $2,485,000 $1.51 $0.96 $8,107,000 $3.18 the 1, June the 1954, of the Traver Corp. name plus 19,600 entrance of shares company Depreciation is of board Co. Gas acquired wholly-owned consulting Corp., Transmission Co. Eastern Texas Development and test to for purchase $9,900,000, all it the of capital announced was foundation trim mines Co. Eagle-Picher on stock of July 7. felt panels, and and lead smelts and pigments and oxides. has Co. options purchase to Net sales were $32,400,906, against $45,477,688 31.—V. 179, p. 1831. : f McCarthy Dies— Recordair bis 67tb McCarthy, Chairman of the Board of died July 9 in Greenwich, Conn, in illness.—V. 179, p. 2595. high-speed, eddy current absorbing dynamo¬ the company's Dynamatic Division will be shipped a number of years ago, to provide 20,000 HP. The units have a speed at this horse¬ shipped by another such unit to from of the and that the two dynamometers, torque developed ■ By obtaining can are $1.91 mounted in trunnion bearings weighing horsepower be read on acutely accurate toraue *nd developed may be determined.—V. 180, p. 6,446,000 3,383,599.9 $2.48 1954 to shareholders 15, 600 to 5,800 revolutions per minute. The combination is one of the largest high-speed dynamometer installations ever built. To permit runs to 15,000 RPM, a gear reducer is located between the unit under test and the dynamometers. The three units, the gear 6,911,364 465,364 $1.24 Sept. lingering a facilities power 3,383,599.9 on 2807. p. Fabricon earned $537,000 on sales of $12,659,000 for the recently used with reducer $1.67 paid 179, 10,000-horsepower. meter, $ 8,813,850 3,558,431 be Manufacturing Co.—Ships Dynamometers— Eaton so 4,216,718 from subsidiary a after year, 7,857,000 5,981,615 3,558,431 policy justified the automotive industry, waxed paper and cellophane Lewis George Corp., 4,590,998 217,200 Mallon Mr. be Eastman Kodak Co.—George L. values, sp°ed the 156. Edgar Brothers Co.—Merger Approved— > Attapulgas Minerals & Chemicals Corp. See above.—V. 179, p. 2471. Edison Bros. Stores, Inc.—June Sales 2703. p. quarterly dividend on the Dressler's can manufactures plastics. year earlier. 19,359,362 150,000 with as offered Inc., firm six months ended May 5,837,508 share com. increase share from the 40-cent rate previously increase, will share, in the 1953 period. 1954. 9,131,932. 318,082 has Products, Eagle-Picher 8,956,500 Period End. June 30— Sales Cook Paint & Varnish Co.—Notes Sold Privately—The 1954—Month—1953 $6,717,312 —V. 179, p. Off— 1954—6 Mos.—1953 $7,319,707 $38,241,114 $40,301,651 2140. has sold privately to the Equitable Life Assur¬ El Paso Natural Gas Co.—Plans ance Society of the United States $2,400,000 3%% prom¬ issory notes due 1966. proceeds Broadcasting and will Co., working be used to This finance the purchase of the Mid¬ of a new transmitter and for 179, p. 1831. In Cooper-Bessemer Corp.—Signs New Contract— a result recently signed between this corporation and Southwest Inc. of Houston, Texas, is expected to be of considerable interest and significance to the gas producing industry. The terms of affect in Industries. Southwest handle the the packaged unit, application for the new project was filed. the loss in availability of gas from the up berry Fields. In addition, the company pointed issued certificates in five other proceedings Industries, in turn, will build the skid bases and assembly of all piping and necessary complete in El Paso said, to help Goldsmith and Spra¬ out, the FPC has already authorizing facilities to enable El Paso to attach additional sources of supplies. The proposed now project has a total estimated cost of $13,869,017, El Paso said. The changes which the company is proposing to make in the proviously authorized project would reduce its presently esti¬ mated cost from $169,540,266 to $158,171,366.—V. 179, p. 2704. make packaged erection auxiliary equipment to El Paso said were necessary primarily as a certain sources of natural gas supplies in the principally in the Goldsmith and Spraberry Fields facilities which changes Basin area, W6st Texas The construction, or of Permian sale and distribution of CooperGMXA, V-angle compressors, ac¬ cording to Stanley E. Johnson, Vice-President in Charge of Sales. Southwest Industries will sell packaged GMXA compressors in the states of Texas, Louisiana, Oklahoma, Arkansas, and New Mexico. Cooper-Bessemer will furnish its GMXA compressors to Southwest the skid-mounted Expansion— applicaion with the Federal Power Com¬ for the construction of a total ol pipeline and 6,925 additional com¬ a authorized contract an horsepower on its system in Texas, New Mexico and Arizona. separate application, the company asked the Commission to certificate issued in June of 1953 to permit changes in the pressor Industries, contract has filed requesting authorization 74 miles of natural gas about construction capital.—V. company mission amend and a 271,545 shares, or 90.5% of the 300,000 shares outstanding, at $33 a share and is offer¬ ing to purchase the remaining 28,455 shares at the same price. Net profit of Eagle-Picher for' the six months ended May 31 amounted to $609,188, equal to 62 cents a share, against $1,787,107, or $1.81 a, 134,367,608 285,536,539 242,345,424 to the keeping manufactures and 23,925,940 outstand._ shares a 1954.—V. 1, Fabricon 2,337,845 5,263,776 stock__ common company the as well-known the of Plains voted to earnings dividend Sept. fiber products for the assets, $ 4,433,918 in of company The 1954—6 Mos.—1953 6,131,615 applicable 8 upon is common record 12,035,539 dividends net Co., Great and July on portion a 2,944,508 5,981,500 deplet. & income The operated Dallas, Texas. He is a director of the Louisiana Land & Exploration Dallas, stock to 50 cents instruments. expansion member senior a Bank Natural Pacific commenting 15,057,623 taxes 179, will be Jacquard internationally renowned petroleum geologist and the board of directors, H. N. Mallon, National Fabricon depl. taxes____ per and dividend re¬ Eagle-Picher Co.—Seeks Fabricon Stock— involving payment Container common stock. Corp. into the broad and $ 157,555,782 deprec., bal. taxes has announcd. common The of Container $ sales Preferred according to Mr. Johnson. Southwest Industries applies only to packaged GMXA compressors, Mr. Johnson pointed out. The larger GMWA and GMVA units, as well as the GMXA compressors, with or without skid mountings, will continue to be sold directly by Cooper-Bessemer in all areas including Texas, Louisiana, Arkansas, This A been between agreement Mexico number sold j Industries, Inc.—New Director— Republic The of Chicago, 1954—3 Mos.—1953 • Net a said. DeGolyer & MacNaughton, the of $4,914,000 $1.90 Period End. June 30— Income for current allowing company program. DeGolyer of Co., Continental Can Co., Inc. (& Subs.)- -Earnings Up— inc. Knitting subsidiary of Jacquard of had been < DeGolyer, First A bef. which executive, has been elected to President, 9,084,000 <»\are $221,000 marked and plan as 1954 West, President, said the purchase was a step in Draper's Dresser E. oil promising field of flexible packaging, including cellophane, polyethylene, pliofilm, polycel, glassine and foil.—V. 179, p. 1831. Inc. the from acquisition Philadelphia, Pa., purchase and Thomas H. $7,174,000 $16,889,000 $13,998,000 basis of 2,495,785 shares outstanding at June 30, ACQUISITION—On Net excluded be 2595. Inc. diversification The $3,852,000 on business, and This will p. subsidiary.—V. 177, p. 1579. taxes com. per cash employees was made in their payments in August, to Draper will still have about $4,000,000 in cash and govern¬ quirements, 1954—6 Mos.—1953 1954—3 Mos.—1953 __________ •Computed in a plan. stock completed has Inc., ment securities, America—Earnings Higher— $8,024,000 income earnings ♦Earns, the common directors corporation Co., a Net of and subscribers completed and Mills, before Federal on income on over Draper Corp.—Completes Jacquard Purchase— The Machine wrappers Perid End. June 30— Provision with conection offering 1952, previous years.—V. 179, zinc taxes deductions payroll by 1953. 2595. p. Container Corp. of Earnings made be portion of income to the shareholders of the company. in not to 179, is offering stated, "The action of distributing as the standpoint of future business prospects and the company's requirements for working capital and plant expansion. Dresser's earnings for the first half of the current fiscal year were $260 per common share and we anticipate that sales and earnings will be well maintained during the coming months." Mr. Mallon went on to point out that Dresser's cash position is very strong which, together with the improved earn¬ ings trend, made it both possible and desirable to distribute a larger (Continued from page 2) —V. will months. payment in SEC fifth The the before days August the company expects to file a registration statement November, In exceed 40 years and callable at any time at prices 110% of the face value. They would be convertible into common stock on the basis of $1 per share for the first five years; $1.25 for the next five years and $1.50 per share thereafter. Uranium. Mines of America, Inc. was established in May, 1951 and is qualified to do business in Colorado, Utah, Nevada and California. The Consolidated Uranium company has produced 121,276 tons of ore and registered sales of $3,685,553 since its formation in March. 1950. New 96,831 Ducomraun and about of Early in the exceed to not Bessemer 50,000 $23.75 Corp.; period few a paid. sold Investment News payable 'r set said. As in previous plans, each eligible employee will to a subscription not exceeding 10% of his annual wage salary, or Southern Completed. Curtis. issues issues Genera! A Combustion & made were was limited be Goldman, by also four contemplated at this time. Price of the stock will be large land of Oversubscribed. Curtis. & Ltd. Price, In it company, to be worked out, Dr. Leland I Doan, participation in the 1954 plan will be of the five previous plans, concurrent to stockholders, but no such offering is yet are that of trust by y Inc. Co. voting by Offered California, $1). Co., & Power shares 40,000 share. per of (par Co.. represented Completed. Higginson CorpJ 62,500 Canadian of $10), $16.25 (par Price, details employees. of —V. Financing Manufacturing Sharpe & Jockson placed privately, competitively, tlndicates special offering. tlndlcates Earns, certificates. Webber, the ^ announced made, purchase plan expects to offer common its subsidiaries and domes¬ it the sixth since 1948 when the company first stock to its employees on an instalment basis. be selling common to which Pian— Purchase another employee stock on loans, notes repay Dividend Rate Increased—Cash Position Strong— •Represents Com. $42,043,666 capital Hirsch & Co.; The RobinsonWalker & Co.; Almstedt H. will The directors to $650,000 Brown G. to to continue tests. companies. limited $49,421,987 Net Issues Not Representing New Inc.; date President, to company without underwriting. public, mon Paine, & Co., Inc.; Baker, Watts & Co.; Baker, Weeks & Co.; Ball, Burge & Kraus; J. Barth & Co.; Bateman, Eichler & Co.; A. G. Becker & Co., Inc.; Blair, Rollins & Co. Inc.; Blunt Ellis & Simmons; Blyth & Co., Inc.; Boettcher & Co.; Bosworth, Sullivan & Co., Inc.; Alex. Brown & Sons; H. M. Byllesby & Co. (Inc.); Central Republic Co. (Inc.); Clark, Dodge & Co.; Courts & Co.; Crowell, Weedon & Co.; Henry Dahlberg <fc Co.; Davis, Skaggs & Co.; Dominick & Dominick; Drexel & Co.; Eastman, Dillon & Co.; Elworthy & Co.; Estabrook & Co.; Fahey, Clark & Co.; The First Boston Corp.; First California Co., Inc.; First Southwest Co.; Fulton, Reid & Co.; Glore, Forgan & Co.; Goldman, Sachs & Co.; Hallgarten & Co.; Harriman Rip¬ ley & Co., Inc.; Hayden, Miller & Co.; Hayden, Stone & Co.; Hemphill, Noyes & Co.; Hooker & Fay; Hornblowe,r & Weeks; Howard, Weil, Labouisse, Friedrichs & Co.; E. F. Hutton & Co.; W. E. Hutton & Co.; Ingalls & Snyder; Johnson, Lane, Space & Co., Inc.; Kidder, Peabody & Co.; Kirkpatrick-Pettis Co.; John Kormendi Co.; Kuhn, Loeb & Co.; W. C. Langley & Co.; Lee Higginson Corp.; John C. Legg & Co.; Lehman Brothers; Lester, Ryons & Co.; Carl M. Loeb, Rhoades & Co.; Irving Lundborg & Co.; Laurence M. Marks & Co.; Mason-Hagan, Inc.; McCormick & Co.; McDonald & Co.; Carl McGlone & Co., Inc.; Mead, Miller & Co.; Merrill, Turben & Co.; Mitchum, Tully & Co.; Morgan Stanley & Co.; F. S. Moseley & Co.; Newhard, Cook & Co.; The Ohio Co.; Pacific Northwest Co.; Paine, Webber, Jackson & Curtis; R. W. Pressprich & Co.; Putnam & Co.; Rauscher, Pierce & Co. Inc.; Reinholdt & Gardner; Reynolds & Co.; Riter & Co.; Rotan, Mosle and Cooper; L. F. Rothschild & Co.; Schwabacher & Co.; Scott & Stringfellow; Chas. W. Scran ton & Co.; Shearson, Hammill & Co.; Shields & Co.; Shuman, Agnew & Co.; Smith, Barney & Co.; Smith, Moore & Co.; William R. Staats & Co.; Stein Bros. & Boyce; Stern Brothers & Co.; Stix & Co.; Stone & Webster Securities Corp.; Stroud & Company, Inc.; Spencer Trask & Co.; Union Securities Corp.; G. H. Walker & Co.; Wertheim & Co.; White, Weld & Co.; Winslow, Douglas & McEvoy; Dean Witter & Co.; Harold E. Wood & Co., Co., & Towne Manufacturing Co. 10,700 shares of com¬ stock (par $25). Price, $41.50 per share. Offered by $444,050 Yale underwritten (20,725) shares Fenner & Beane; Anderson Whipple & Co.; Robert W. Baird Pierce, Lynch, Strudwick; working Unsubscribed stockholders. by 267,000 shares of 4.30% cumulative (par $100). Purpose, to repay capital. Price, $100.35 per by company for subscription by common Inc. preferred loans Bradford & Co.; C. Clark, Landstreet & Co.; Doolittle & Co.; Clement A. Evans & Co., Inc.; Kalman & Co., Inc.; Stein Bros. & Boyce; Bateman, Eichler & Co.; Beil & Hough; Hancock, Blackstock & Co.; The Kentucky Co.; W. L. Lyons & Co.; Odess, Martin & Herzberg, Inc.; O'Neal-Alden & Co., Inc.; Security Associates, Inc., and Wagner, Reid and Ebinger, Inc. All sold. for subscription company J. Brothers; The Bankers Bond Co., Inc.; & Kirkpatrick, Inc.; Dempsey-Tegeler underwriting. without stockholders, bank Co.; the to employees of Beaunit Humphrey C.) 1,087,030 shares of common Purpose, for working capital. Price, Offered by share. per Underwood, Neuhaus & Over¬ Westheimer & Co., and J. R. Wtlliston & Co. Kentucky Gas Co. 75,000 shares of common stock Price, $10 per share. Underwritten by Equitable Securities Corp.; J. J. B. Hilliard & Son; William Blair & (N. Inc. 10 cents). (par cents & Roney (par $5). Offered by John Price, $2 per unit. C. proceeds, are to be used the balance, if any, and authorized as plan new started Shepard & Co., Inc.; Reynolds Co.; Sills, Fairman & Harris, Prescott, Co.; Wm. 750,000 Western Co. Kahn Ferris & Co.; First (California Co.; First Chicago; W. C. Gibson. & Co.; Hirsch subscribed. (par 10 cents) working capital, etc. C. of Southwestern Securities Co.; Co.; of shares 100,000 America of Co.; Inc.; and 50,000 shares of class A (par one cent) in units of one share of common and one-half share of class A stock. Purpose, for stock and Colket Book Shop, Inc. 1,500 shares of nonpreferred stock (par $100). Purpose, for working capital. Price, at par. Offered by company to public, without underwriting. cumulative common Co.; Co. & Co.; 150,000 Personal 200,000 Prudential & 7 associated The lesby & Co. Shelby Co.; stock for sale offerings Completed. & Co. Peabody Sept: without to be offered at $30 per share, (par $2) net has company set Although of com¬ Offered Price, The liabilities; Dow Chemical Co.—Employee Stock and Completed. Line Co. 56,000 shares $73.37Vi per share. Pipe Eastern Kidder, by Lynch, & current tic •2,325,000 Temco Pierce, Fenner & Beane; Clark, Dodge & Co.; Paine, Webber, Jackson & Curtis; Dean Witter & Co.; Wood, Struthers & Co.; Blair, Rollins & Co. Inc.; Fulton, Reid & Co.; John C. Legg & Company; Moore, Leonard & Lynch; Singer, Deane & Scribner; Alex. Brown & Sons; A. M. Kidder & Co.; Stein Bros. & Merrill and Stlfel, stock (par $1). ' share). Ottered by : per Loeb, Rhoades & Co. M. stock mon Stanley & Co.; Blyth & Co., Inc.; Co.; Ladenburgh, Thalmann & Co.; & & Co., common stock common underwriting. and closed. & St. Louis EE. 25,000 shares of (par $20). Price, $32.50 per share. Offered stock 4,109,000 Panhandle First Morgan Corp.; Kidder, The by Lemon class B Chicago York, common capital. public. stockholders. by Underwritten (1,290). shares Unsubscribed subscription for company Books Inc. Co. 1,469 shares of Price, at market (about $24 Hemphill, Noyes & Co. stock (par $5). Purpose, for working, $30 per share to stockholders and $41.50 to Offering Co.; Johnston, & Co., 35,256 Macmillan to company & of letter a The capital stock and working of Kidder Nicolaus underwriting. without Co. 1,500,000 shares of common stock (par i. $23.62% per share. Offered by Kuhn, Loeb j Union Securities Corp.; Reynolds & Co.; Allen Dean Witter & Co.; A. C. Allyn & Co., Inc.; ; Md.—Files— formerly known as National Aircraft Corp., on July 7 notification with the SEC covering 1,950 shares of This company, filed Price, & 5,000 shares of 7% cumu¬ $10). Purpose, for working Offered by Frazee, Olifiers & Co. per Completed. Service $10). Co.; 290,000 Mohawk Airlines, Inc. 72,500 (p?r $1). Purpose, for new capital. Price, $4 per share. Price, $35,437,500 Gas • $30 Inc. Custer Channel Wing Corp:, Hagerstown, 5,000 shares of common stock 1 share. Offered by Blyth & ! Co. Price, par). Co., " , & Price, at par. capital. capital i . (par lative public, A Corp. Mid-State Commercial preferred stock 50 000 class King, & Eleetrie Paso (no of shares 199,800 - (par working '. Transport, Air Eisele < 150,000 EI (Continued from page 7) " 299,700 Meteor \ July 19, 1954 The Commercial and Financial Chronicler,.Monday, (252) and of Cooper-Bessemer and of compressors pullers with capacities ranging from designed for use i^i automotive, aircraft, stamping and forging plants using kieavy presses has been are on order at the present time.—V. 179, p. 214.. new line of die by this company. Important features Oklahoma. Cooper-Bessemer GMXA compressor units have already terms of this new contract. An additional number under the Electric Co.—N^w Products— El well-Parker A 100,000 pounds and 1 hydraulic p. 1568. push-off of the new models units whicti permit 10,000 to .and other announced ^ the hydraulic lift and "inching" action.—V. 178, are r Number 5343... The Commercial and Financial Chronicle Volume 180 Emerson Mutual Funds, Inc., N. Florida East Coast Ry.—Interest Authorized— Y.—Registers With Securities and Exchange Commission— j The EEC corporation to are be June on used for filed 12 shares 200,000 covering of investment.—V. stock 178, (par The $1). the proceeds an Court for trustee, was the Erie RR.—Offers to Purchase Bonds— - See New & Jersey New York RR. below.—V. * 180, 156. p. SEC filed 7 shares of 200,000 covering offered July on letter a of stock common with notification (par cents) five the to used for lrom Erie Forge Steel & Corp. should net Co.—Earnings Declined— Consol. net profit after Net profit * Re vised.—V. : 122,179 $7,484,492 297,387 $0.35 deducting income taxes per-share on a I share "as per PROCEEDS—The net stock (par 10^) speculation." a proceeds to be are used to for merchant¬ pay surrendered from 26) to J. Stores, Inc.—Sells, Leases in Louis properties, revealed the P. able inventory purchases from Home Foods Co.; to equip a processing plant in the vicinity of New York City and two other processing plants (to be located in other principal marketing areas; and for working capital and other corporate purposes. the sale stated above $10,000,000 its of President, debenture Supermarkets— indebtedness to $35,000,000 July on 6. likely to be under¬ were from and He supermarket disclosed issues companies 24 increasing on 178, $25,000,000.—V. GIVING EFFECT TO PRESENT Gamble-Skogmo, Inc.—June Sales Lower— 1954—Month—1953 1954—6 Mos.—1953 $10,573,251 $11,205,690 $54,837,199 $60,379,835 —V. 179, 2704. p. In the Common stock ( par 10 cents) BUSINESS—Corporation 1,500,000 shs. 800,000 shs. incorporated April 12, 1954 in Delaware lor the purpose of carrying on a general development, manufacturing »nd merchandising business and to produce, manufacture, market and ileal In with and foods was having Foods its in pelled The principal report of Net Essex compared as deducting $5,993,000 preferred stock, were equal to common stock on the 1,800,220 shares outstanding after of with Co., partnership a in St. Louis, Mo., the business of Home marketing a vegetable-derived pressure-pro¬ as "Sta-Wip" and is now principaly practicable. as and contributed Corporation of the of and area To $25.07 $25,000 New York, a in the entered into a has as ' one-half the capital, of New York corporation, to act metropolitan New York City licensing agreement with said Sta-Wip Corp. on terms substantially similar to those contained in the agreements with Beatrice Foods Co. and Reddi Products Co., except that there is tion minimum volume requirement in no agreement.—V. 179, March on The company 1954 31, —V. 177, 716. p. $22.52 and at 493,710 The 31, Dec. on June on filed 29 letter a of with the company's com¬ 179, Fedders-Quigan The corporation months the ended There Profit before affected pansion Net Net to $2,229,690 income net totaled of ended May 31, corresponding 1953 months the profit from was the $1,739,797 Notwith¬ quarter. taxes reported for for the quarter the 1953 period, $903,415, to up totaled $16,021,941, before equal to 53 V2 cents per share $791,211 or 48 cents per share, with compared earnings higher for quarter, the Salvatore Giordano, Presi¬ said, were favorably affected bv substantial improvements in operating efficiency at the company's plants at Trenton and Newark, N. J., as a result of the rearrangement of facilities under¬ the 1953.—V. 179, has changed its name to Federal Pacific Electric announced by T. M. Cole, President. "On July 1, 1954, the merger of Federal Electric Products Co. with its wholly-owned subsidiary, Pacific Electric Manufacturing Corp., became effective," Mr. Cole said. "This step was taken by the man¬ company was two of the and to integrate —V. 179, sales their order to secure operating econo¬ business activities," he added. in companies agements mies and 2596. p. Federal Fawick Corp.—Thomas L. Fawick President— Thomas Fawick, L. President will and Chairman hold both of the titles. Board, He has also the assumes been post whose employment was terminated directors effective July 15.—V. 180, p. 156. Richard board of 466,155 the with second 13, of first the last year. determining holders of quarter the in Huxtable, S. Electric Federal elected vacated by the Co. Products Motors General of has its issued called redemption for preferred cumulative $4 Aug. 16, 1954, 3,500^ stock at $100 per share Preferred stockholders have been notified to surrender certificates representing one share for each 10 shares held of the $4 cumulative preferred stock for redemption to The Chase National Bank of the City of New York, agent, 11 Broad Aug. 16, 1953.—V. 179, p. 203. In Street, York New 15, N. Y., on Trust Deposit & Co. Syracuse, N. Y.—Retires Preferred Stock Issue— The company redemption by selling institutional investors ferred to stock The First holders Boston Corporation. Finance Corp. $5,000,000 200.000 and of its acted year. this quarter of year, stock raised "A" held by for this debenture* to money of 5% subordinated shares of a new convertible pre¬ 176, p. 2596. will and made manu¬ of of leather high goods and leather deal firm and of all other Co., Western Ore., plus the $12,000,000. prices, bought timberlunds companies' Lumber Portland, involved attractive at the all Co., This said Owen the stock assets, R. Cheat¬ the of retained were timber by including Georgia- cash, gov¬ and liquid assets, were liquidated. The old-growth purchased are adjacent t0 one of Georgia-Pacific's large timber operations. Mr. Cheatham said the purchase was effected through a newlyorganized, wholly-owned subsidiary in which the Georgia-Pacific company invested $1,000,000 for all capital stock. The subsidiary borrowed approximately $5,000,000 front banks on a long-term basts. just estimated was 137 of General Gustavo which Cuba of and April Division for of Manager Pellon's is he locomotives steam are for 1954, 5, has electric 1,000 board market feet, from $25 announced division, that by John L. Products these complete locomotives 51 dieselization the replace will of railroad, the quarter's earnings were equal to $1.68 a share on shares of common stock outstanding compared with $1.46 the on of the the earnings totaled Portland quarter of six of $2,799,400 months $2.69 Provisions for been the a year Collyer, will assets and General June The 1954, income to 1953.—V. the the in showed company new 30, 19.59 and loans plant. stock and The is redeemable $25.75 thereafter, net proceeds make to second 1953 —V. the quarter and also $26.25 sold per share through plus accrued dividends. and will be used to repay improvements to its parent Telephone System,- 160,000 shares of no par value payment of $800,000 advances. The bank loans had Sponge 12 months ended GIVING EFFECT April TO 3% bonds company, common been 180. p. series 4% series 30, the 1954 series Preferred for (no $2.20 $1.40 179, Includes In payment later Goodrich operated in the as Co. cushioning, The and expanded plastic also manufactures company flotation pressure engines. Co.—Current Sales Higher— 1954—5 Wks.—1953 1954— 18 Wks.—1953 2596. p. The preferred new decreasing $100 PROCEEDS—The rent stock prices is redeemable thereafter. For will be at the $104 Ms sinking until fund it 1959 is and callable share. per expansion $45,000,000. net and This proceeds modernization will program used the in which program company's is expected cur¬ to cost increase capacity of the East Millinocket, Me., mill where two high speed paper machines will be installed along with auxiliary equipment. The company will be able to utilize hardwood timber for by installing facilities for cheml-groundwood process. production paper converting for hardwood the into first pulp time by the company produces and sells paper products, with about 90% of sales in standard newsprint paper. Almost all of the company's products are marketed in the United States east of the Mississippi. The company's three Maine mills have an estimated capacity to of reach 1,315 1,815 tones tons of paper day per day. per This completion on capacity of the is expected modernization EARNINGS—For net on sales 1953 of the company reported net profit of $4,625,- a $44,022,041.- CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING Authorized Oct. 1, notes due Cumulative preferred issuable value), Series A of *As issue and the stock ($100 par series-* stock 150,000 shs. 100,000 shs. ($25 par value) 1954, 1, *1,200,000 shs. 49,140 shares exercise of Outstanding t$30,000,000 $38,000,000 in preferred July on 1974 options of capital granted stock to or be tDuring life notes the such notes to 1953 year Oct. 1, for officers to M insurance due reserved were granted key employees. four 999,190 shs. the company companies 1974, to for total a be issued prior to the entered purchase principal into agreements the of company's with 4% amount of $38,000,000, all In accordance with these April 1, 1955. agreements the company issued and sold, between June 12 and Dec. 31, 1953, notes in the aggregate amount of $20,000,000. Of the proceeds, the sum of $10,000,000 was used to prepay all of the company's bank loans the balance was invested during the year in the East plant expansion. The remainder of the loan will be used to and further additions $4,000,000 of the notes of $6,000,000 to representative, from the ferred White, set underwriters unissued. named . through below, & Co., have severally agreed to purchase respective numbers of shares of series A pre¬ forth below: Shares Shares White, Weld & Co. & Co., Inc. Lehman Brothers Morgan 13,000 Sullivan Stanley & S. 1,000 Whiteside, West F. 1,000 Butcher & Sherrerd— Winslow, their Weld the company stock plant and equipment. By May 31, 1954, followed on June 4, 1954 by the sale sold, were This left $8,000,000 still more. The Ohio 7,500 1,000 Co Jackson Webber, & Curtis 1,000 7,500 10,000 Co Moseley & Co.— Paine, & Inc. — 7,500 in Coffin Columbia Co.__ 1,000 Shuman, Francis I. duPont & Co.___ 3,500 Smith, Barney & Co 1,000 1,000 7,500 2,250,000 The Walker 3,500 shares of of $800,000 UNDERWRITERS—The new —V. 76,800 shs. 60,000 shs. 2,500,000 shs. value) stock common of 6'fc demand preferred is the company's notes. being offered through the Inc 3,500 Forgan & Corp 10,000 H. G. M. H. Payson & Co Agnew & & Co Co 1,000 3,500 Lerchen & Co 7,500 Watling, 7,500 Co Peabody & Co Wood, Struthers & Co 180, p. 59. Green River Uranium Co., Inc., Seattle, *1,664,278 shs. to issued Burr, Investment First Boston Kidder. 350,000 shs. 35,000 shs. par & Glore, (cumu¬ series) 1 160,000 F. B. be 1,750,000 - 1 value) par series (no stockholders will 2,000,000 - ! stock its to company 59. at Chace, series Common the 1,500,000 series $1.25 hair materials. jet company Outstanding 1982_j issuable submitted for Collyer Sponge White, Weld & Co. on July 15 offered 100,000 shares of 4.40% cumulative pre¬ ferred stock, series A, at par ($100 per share) and ac¬ $.250,000 1983 due stock lative, be stock common An investment group headed by FINANCING PRESENT 1981 due Goodrich according to Messrs. by the directors of $21,045,343 $19,792,870 $74,748,140 $67,918,743 —V. General stock, in Unlimited 1979 due series due 35/g% F. approved of Sales finance incurred 1976 due will ownership, rubberized for Millinocket had total operating revenues of $8,419,486 and net income of $1,011,862. series and B. business, been UNDERWRITERS—The the Directors, Rubber sale telephone the to BUSINESS—The company is an operating company in the General Telephone System, and provides telephone service, without competition, in 135 exchanges in Ohio, mortgage the of Period End. July 3— purposes. EARNINGS—For of payment has Co. new Grand Union "4 of the new issue additions has company at of net Webber, Jackson & Curtis and Stone & Corp. jointly headed an investment preferred Board Sponge Rubber Products Company, a leading producer and the pioneer in its field, operates plants in Shelton and Derby, Conn.; FaH River, Mass.; and has a Canadian subsidiary in Waterville, Quebec. 4% 1832. p. Goodrich The reflect the proportionate part of taxes 179, by sale insulation 832 $15,372,700. taxes the of Products Company is engaged in the manufac¬ chemically-blown cellular rubber products of crude and man-made rubber, latex foam and expanded plastics. These include molded sponge products, continuous sponge sheets, rug underlay, strips and rods, foam pillows, furniture cushions, automotive toppers, after taxes, equal to $3 a share, as against share in the first half of 1953. Net sales with Chairman goodwill The Products and Securities PROCEEDS—The bank per open program. ago. . 30, be and Daley. ture Telephone Co. of Ohio—Preferred Stock Of¬ fered—Paine, Webster The $16 the Daley, President and co-founder of the Sponge Rubber Sponge Products Division of The compared with $7,939,600 $8,423,500, June adjusted year shares were compared Federal for half year have a of 1953. ended $3,117,200 and $15,800,800, provided number same General second For about selling in 179, p. 2472. 1,000 feet."—V. per Georgia-Pacific timber BUSINESS—The latest Sales $50 similar Co. Purchase the the Consolidated for modernizing plan President, and company in the three months ended June 30, 1954, had net of $1,741,100 after Federal income tax provisions, compared earnings of $1,515,700 in the like three months the year before. 1,039,971 • to with an The in compared The forthcoming purchase by this company of the assets and business of the Sponge Rubber Products Co. was announced on July 14 loco¬ earnings share loans will be repaid in about three years. crued dividends. received diesel 51 The with bank Great Northern Paper Co.—Preferred Stock Offered— shares shareholders 875-horsepower general purpose units will be built by the ElectroDivision of General Motors at La Grange, 111., Mr. Riley said. Deliveries are scheduled to start in November and be completed prior to mid-year 1955.—V. 179, p. 2472. a the in 29,597 and 1954 of The company on Wash.—Files— letter of notification with the SEC covering 1,000,000 shares of common stock to be offered at five cents per share, without underwriting. The proceeds are to be used to pay expenses incident to mining operations. June 29 filed a below-named underwriters: Shares Shares preferred stock "B" and to the public. as financial -adviser tc the bank and as its agent in placing the debentures.—V. It Inc. substitutes Inman-Poulson Timber obtained timber three bonds at Riley, 3 has retired $8,996,400 of prefixed Reconstruction purchased tract. because the stands , line with Railroad, parent the quarter Owners of Authorized on Fibers, leather manufacturer a Saginaw was and ernment first the last number Operations RRs. July 9. on 3% plus accrued dividends of 50 cents per share and an additional 24,500 shares of said stock at $101 per share and accrued dividends. First in second quarter the common Overseas Consolidated the Edward motives, 3'A r/o shares first in shares preferred from First above. Bonded as Bontex, 2807. has Only Bosworth, Firemen's Insurance Co. of Newark, N. J.—Calls Pfd. company Pacific, , for for 1954, second 29,215 in 29,420 quarter dates shares common Federal Pacific Electric Co.—New Name— The shareholders 495,575 of owners CAPITALIZATION See the 1954. of by stood and by 461,871 in shares totaled construction by quarter owned shares preferred group which offered publicly on June 13 a new issue of 60,000 shares of $1.25 cumulative preferred stock (no par) at $25 per share. 2704. p. Electric Products Co.—Changes Name— Federal This Co., it timber Capital stock dent in second was and common 1 year. taken Motors and The to $1.10 per outstanding as of stock known and impregnated with synthetic latex. timber President, companies. and Shareholders— of General Portland Cement Co.—Earnings Up— equal $1,896,033, common sales volume, stock, common The for lower SEC the for facilities. of shares three the $18,426,629 standing thfs last nine the quarters amounted to when pre-tax profit was expenses entailed in ek- ago the were 1954 the three first year a taxes, 1,619,965 for sales against and for basis, same of $41,348,219 1954, after provision for dividends on the preferred stock, with $1,016,691, or 60 cents per share, calculated on the in 1953. 31, compared rose of non-recurring heavy after the sales the for $1,919,934 by rearrangements and on May taxes, infeome, share net 31, against adversely with Motive 1954, which compared with $37,433,574 period of the preceding fiscal year. May General of in contrasted ' Corp.—Sales and Earnings— reported corresponding $4,428,431, 2037. p. equipment July. Receives Large Equipment Order— notification unspecified number of shares of the market.—V. letter of notification a Motors Corp.—Number company order stock (par $1) to be offered to employees under a stock purchase plan at the market, the shares needed for this purpose to be purchased the ended months six 491.468 in the second quarter of 1953. The second 1954 quarter total included 464,495 owners of common shares, 19,837 owners of the $5 series preferred shares and 9,378 owners of the $3.75 series preferred. mon off June 29 filed on quarter this year The an the for 44. p. Ownership May Corp., St. Louis, Mo.—Files— The ham, switches See Eagle-Picher Co. above.—V. 167, p. 2360. Falstaff Brewing be p. and mattresses, holders covering securities covering an undetermined number of shares of stock to' be offered to employees under "Employees' Savings Plan," each employee being en¬ to contribute up to 6% of his pay (to be matched equally by company) which would be used to purchase stock in the open market. Fabricon Products, Inc.—Offer for Stock— corporation of titled Record Tropical Gas Co., Inc. below.—V. 179, Co., Rapids Under of Liquefied Petroleum Grand Rubber the Sta-Wip Corpora¬ 2704. p. Esso Standard Oil Co.—Unit Sells The sale General American Oil Co. of Texas—Files— Gas Business— SEC the 30 was $1,549,382. Net income from dividends, interest and royalties for the period, after expenses and state and municipal taxes, was $494,942.—V. 179, p. 1611. preferred See from General product 179, company Logging June to expand the distribution of Sta-Wip this end Essex has participated in the proposes laboratories, Georgia-Pacific Plywood Co.—Acquisitions— and Frederick M. profit known company distributor marketing Foods Home office and topping organization, ■Sta-Wip from finishes.—V. buildings, (B. F.) Goodrich Co.—Buysl Sponge Rubber Firm— assets, $25.74 per share developing such business. rapidly as acquired producing fluffed engaged in as has company to cellulose pulp Georgia Leather Co. is , $5,797,833. and beverages, hydrocarbons, chemicals, ma¬ chinery, appliances, merchandise and equipment. Its principal executive offices are at 10 High St., Boston, Mass. The alpha the Paper Co., of Buena Vista, Va., it was Hugo N. Surmonte, President. plant will be operated by a new subsidiary of by According to Mr. Cheatham, "the purchase gives timber, roads and logging equipment at a price of Up— this company, Frank Altschul, Chairman of the Board, stated that as of June 30, 1954 net assets were $52,331,507. After dividends of $494,886, the increase for the six months was Net Outstanding Vista Leather It General American Investors Co., Inc.—Assets FINANCING Authorized 2 Georgia-Flex timber 1953. CAPITALIZATION Buena purchased Piedmont July facture Co.* & Morgan insurance to Stockholders will vote Aug. future. near for Stein, additional that Period End. June 30— common The of on own 177, p. 2197. Essex Universal Corp., Boston, Mass.—Stock Offered— Hunter Securities Corp., New York City, on July 6 of¬ 60p and (Coupon No. facilities Georgia .( Sales at 1, 2572. p. $0.85 ; fered publicly 500,000 shares of announced This authorized *1953 $5,646,700 presented 1937 corporation is, negotiating lease-back basis of about taken 1954 sales interest on has company of payable on March 1, 1937 and JSept. 1, 1937, 5% gold bonds, series' "A, due Sept. and Sept. 1, be Fair Food The warehouse 9 Months Ended May 31— Consolidated This and Incorporated, paying agent, 23 Wall St., New York 8, N. Y., for payment. also Ero Manufacturing S. Martin, instalments months' U. W. be $1.50 per share through Lee Higginson Corp. and P. W. Co., Inc., both of New York. The net proceeds are to be general corporate purposes and to repay $65,000 advances & six the John Florida, —V. 180, p. 156. at Brooks the pay of 9 Georgia Leather Co., Newark, N. J.—Acquisition— entered- in 1954, 25, District first, and refunding mortgage (Coupon No. 25) Erie Reinforced Plastic Pipe Corp.—Files With SEC— corporation to and due June Southern 1974. Funds will be available for that purpose on and after July 20, 1954. On and after July 20, 1954, the interest coupons due March 1, 1937 bonds The dated order the directed which became 51. p. to District Pursuant registration statement with a capital (253) Webber, Paine, Jackson Stone & 11,2.70 Webster Securities Corp. Merrill ner —V. The & Curtis Merrill 11,250 Lynch, 180, p. 59. The 3,625 McDonald ft ft ft See 6,000 Co Cleveland Miller Greenlands 8,625 Co. Turben First Havden, Pierce, Fen- ft Beane Ohio Fulton. Reld ft Co Corp.. Co. Co Sweney Cartwright & Co— Corp.—Acquisition— - ; Kelly Island Lime & Transport Co. below. 4,500 3,750 3.000 Greyhound Corp.—Proposed Consolidation— The 1,500 1,500 of this stockholders corporation on and Aug. 17 Pacific will vote on approving Greyhound Lines. the merger , The Commercial and Financial Chronicle... Monday; July 19, v of As cumulative record of entitled of the close the meeting. as at vote to Reynolds proposed that Pacific, a subsidiary of Greyhound, be merged Into Greyhound, a Delaware corporation, in accordance with an agreement of merger dated May 25, 1954. As of June 1, 1954, capital stock of Pacific was held as the outstanding Pacific General Co public -------v of merger provides in effect that Greyhound will continue in existence as the surviving corporation, with its present stockholders retaining their holdings intact; that each share of 5% cumulative Pacific stock preferred into price of comomn stock when the merger three nor more than disregarding-' fractional shares,- in- lieu of share. *• of Greyhound on the New becomes effective, but m five shares, in each case which - a - cash adjustment sale the- closing of Exchange Stock •York ■ event no than less Sufjej River.—V: 179, p. 2808. $10) was made on July 6 by A. G. Becker & Co. Inc. at $38.50 per- share, with a dealer's discount of $1.50 per Greyhound, having the same rights and preferences, and In addition the right to vote, and that each share of common stock of Pacific held -by the general pupblic when the merger becomes effective will • be converted into the number of sijareg of common stock of Greyhound which could be purchased for $50 on the Jjasis of $100 to India— secondary offering of 6,628 shares of'common stock (par will 'P3* one , completed.—V..179, p. 1266. It was quickly of the holdings of Pacific stock on June 1, 1954 such shares of Pacific will be converted into a maximum of 35,24o shares of 5% cumulative preferred stock and a maximum of Ql,lG5 shares of common fstock of Greyhound when the merger becomes effective. The actual number of shares of Greyhound stock ipto basis / declared Nov. depend upon the market value of Greyhound common stock on the effective date of the merger, with respect to common stock, and upon the number of fractional shares involved, with respect to botlv classes of stock, as determined from an analysis of the record holdings of Pacific stock at the close of business on the effective date. The presently out¬ Pacific -which shares will converted are the for 7 to 6,263,064 expected shares of common underwriting. 20,000 without The of of is the r, per of shares * share will split and and additional The industry from license under Ok'a. Gulf, and mission negotiations for the in of west an Miami, over the involved. in consideration tor .a. 50%. ngfc acreage full the amount completion V. 180, well, discovery the of & City p. ,profits interest York, New Exchange 43 New York be N. of the J.J late First by. Water stock of Co. Bank of 31, Water Co. Offered—The of ap¬ President —V. is prepared being for Polk York New bank the to up 5, Y., N. (EDT) noon its of acres land. at or GIVING EFFECT TO p. Gas Electric & charter, in if approved, bases to bank, agreement stock pursuant of the in its .. assets 300,000 shs. ______ 202,778 shs. The amount shown as outstanding Includes $240,000 due within year and reflects a reduction of $400,000 in the long term debt subsequent to April 30, 1954. one to 1954, 37y2c to action the on a of of UNDERWRITERS—The The record names board common share. holders the stock first on of in was such June the May, 15, several 1954, the increased dividend 1954. regular from was 25c paid on and the underwriters, ^ /:■ N. J., 1 Declined—' 1954—6 Mos.—1953 1954—Month—1953 Period End. June 30— $12,061,983 $12,807,517 $72,298,974 179, 2597, p. • Louis, fund Mo., prepared are due debentures $73,967,466 • . 180, deliver to 1, March debentures.—V. temporary • - . Ready— New York, N. Y.t and St. Louis Union Bankers Trust Co., St. < Co.—Definitive Debentures Gas Laclede The Co., ♦, - ('! Sales appoint liquidation. v/// /;,/■ r;,^:•/ .. 11', (S. II:) Kress &J Co.—Jun6 Sales Co. V Community Hotels, Inc. of the was announced on July 4 by The price was reported to be more from Camden, in Stender, Vice-President. $1,000,000. !) in 1974 . ; Trust 3%% sinking for outstanding definitive exchange 157. p. will semi-venture or be to com¬ —V. select and shares of listed sto.ck Corporation proposes provided as in the This will not be substantial. ... company Lehman asset Net Corp.—Has Record Net Assets— value $158,409,024, equal President, Lehman, utive Committee, This net asset the of to . and company's $38.14 reported was on 30, June 1954 was capital stock, ■ Robert Chairman of the Exec¬ 25th annual report to stockholders. after*-deducting dividends totaling C. in the which value assets share, of per Monroe Gutman, . the highest ever reported in any annual or interim report. This compared with $32.80 (after adjustment for^tho increase in the number of shares), the corresponding net asset value at the end of the previous 12 months.—rV. 179, p. 205. $1,80 (Ariz.)—Stock Of¬ offered * to recently in June established an ore mining division which acquisition and development of .uranium and thorium corporation properties. / ; Negotiations are in progress for properties in the Colorado Plateau, Utah, Wyoming and elsewhere.—V. 176, p. 1565. ... ; ~ to qualify as. a regulated in¬ United States Internal Revenue ■ $30,258,375 $31,867,619 $5,541,601 2706. p. will engage in the permit it to escape any United States corporate income op an annual basis all of its net ordinary income' capital gains. This it expects to do. See also V. 180, -• • ..,; •/ . 179, 1954—6 Mos.—1953 1954—Month—1^53 $5,370,895 Lehigh Valley Coal Corp.—Forms Uranium Division— It intends type. Sales Lower—' Bryant, Inc.—June Period End. June 30— Sales corporations substantially all of whose' are in Canada, and may also invest in International Bank of Washington its common per share was stockhdlders of record June 18, 1954, the-right to sub¬ scribe t)n or before July 13 for 60,000 additional shares of common stock at par ($5 per share) on the basis oftwo new shares for each three shares held. underwritten by Johnston, Lemon & was The offering PROCEEDS—The employed and in net related cummul. Common TO PRESENT (par (par $5) $5) ■ company is engaged in the 500,000 shs. 600,000 shs. international right a to member it use is of the the the only word Federal Reserve company "Bank" in so its System engaged title in . ... . ' corporation July on 1 filed a letter notification with the one cent) to be Mart, Inc., 146 net proceeds are tcr be of covering 3.000,000 shares of common stock (par at three cents per share through Uranium offered Main to Salt Street, Lake City, incident expenses pay Lincoln Electric None 151,785 shs. private In which the < to Utah. The operating expenses. Outstanding merchant banking business. It does not accept deposits. Consequently, it is -not subject to regulation by the Comotroller of the Currency, end is not a stockholder of the Federal Deposit Insurance Corporation nor SEC used FINANCING BUSINESS—This company was' incorporated in Arizona in July, J920. Its- principal offices are at 726 Jackson Place, Washington, D. C. The 179, p. 2597. Liberty Uranium Corp., Salt Lake City, Utah—Files— S. EFFECT $12,462,502 $12,797,636 $58,243,043 $59,703,975 Sales —V. 195.4—5 Mos.-^-1953 1954—Month—1953 Period End, June 30— The proceeds are to be added to working capital the company's international merchant activities. pfd_ stock stock - to expanding Corp.—June Sales Decreased— Lerner Stores , Co., Washing¬ Certain stockholders waived their rights subscribe; for 1,190 shares of the new stock. counsel, . corporation Hotei ilhe, tW<uWhitman contains >300 rooms.—'Vj 177, p. .1258, • be to select investments primarily chosen to rather than ordinary income, it is' expected that investment portfolio will be low and that its its . fered—The 5%. *$940,000 $2,000,000 _______ (par $10) DIVIDENDS—By quarterly dividend Delaware corporation, a venture of Authorized * 1954—6 Mos.—1953 $3,9t8,000 $19,458,000 $19,200,000 * ; Corp.—Buys Camden, N, J. Hotel— this by Whitman —V. July 12 of 100,000 shares of share by "White, Weld & Co. Outstanding to 4,140,082 . $8.52 ■ 1954—Month—1->53 25.97. p. Albert. W. (a) for • . 153,890,000 179, -.•..than: i determine 30/53 Kinney Co., Inc.—June Sales Off— Knott Hotels Co.—Financing Plans— American (b) CAPITALIZATION GIVING payable May 31,*54 'Nov. 4,234,827 $9-78 share 2473. p. Purchase FINANCING PRESENT Authorized lie.—Assets Higher- the July 29 mortgage 156. on it distributes banking CAPITALIZATION Co. per 179, —V. will policy This will and , . $41,406,761 $35,275,097 (G. R.) „ " George Fund S-2— Sales on per and company of - ; " of Mr. B. Mack, Ames, Allen C. A. organized by Wertheim & Co. and Lazard purchasing the shares of Kelley Island. 1 was 2370. P. assets —V. first t for and securities tax all & Adams, S. assets Net Sunder¬ ton, D. C. 570 179, Net Mexico—May Dissolve— company, Code. 157. Wertheim Corp. income Common Stock Corp.—Offers Common Stock—Public $25 Inter-Canadian debt. approximately with James Period End. June 30— Wardwell of $25,000,000 1980.—V. 180, ' provided income from bonds P. result of a as consist Counsel; General Keystone Custodian Funds sub¬ on made the turn-over and Clark, T. will Island Co. for the purpose of & Freres President estate, leaseholds and mineral rights in Canada. if Ke'.ley of 752, activities vestment Harold Vice-President; Greenlands preferred equal to ap¬ be directors of President; associated 11,797 would Davis 111., committee was in Becuse BUSINESS—Corporation is principally engaged in the manufac¬ turing, preparing for market, selling and distributing of Portlandcement. The company's plant is located at Stockertown, Pa., where 1, and shares board J. DuBois and Alfred V/. Kleinbaum. Mr. Adams and Mr. Ames are asso¬ ciated with Lazard Freres & Co.; Mr. DuBois and Mr. Kleinbaum are July 20 investments invest real corpora¬ - share and Cotner, , Executive a will consider the following: (l) Report general situation of company arising out difficulties; (2) resolution to dissolve company before stock at business proceeds from the sale of these shares will be available for general corporate purposes, and will reimburse, in part, the company's treasury for expenditures made in 1953 for capital Improvements amounting to $1,654,820 and for $400,000 applied during May and June, 1954 to the reduction of the company's out¬ a C. stock, Kelley Island's common of 95%- over new Shares outstanding St., 15 parent, on AThe DOlicv of the PROCEEDS—Net July J. offer the office the " term p. Canadian Kelley Graham, former Chairman of The City, who had served as a director of for more than 20 years.—V. 179, p. 2370. offering its common stockholders of record June 15, 1954, rights to subscribe for 40,555 additional shares of common stock (par $10) at $25 per share on the basis of one share for each four then held. - Subscription rights will expire at 3:30 p.m,..(EDT) on Aug. 4, 1954. An un¬ derwriting group comprised of Stroud & Co,, Inc,; Reyn¬ olds & Co.; Newburger & Co. and Warren W. York & Co,, will purchase any unsubscribed shares. I share common per at the offer. the its; assets of owns now , Dickey, preferred stock, J. C. Cotner, who made the offer. Broad directors of 171, mon Jersey Hercules Cement Corp—-Stock loan the to - purchase stock, common Electrica de labor offering : tion is Common $17 of in Chicago, its stockholders recent the Note prior the Greenlands Corp. to purchase common stock of Lime Transport Co. has expired, Ralph L. Dickey, latter company, announced on June 22. Greenlands Island Lane has been elected a director of the Hackenand the Spring Valley (N. Y.) Water Works succeeds Nickerson owns held get another $2,000,000 for construction by sellllng to produce capital gains it President in 156. p. board to National standing $1.20 months. counsel, company, will 180, —V. City, N. J., Hackensack the of rate July. If favorably acted upon by the to stockholders for their approval, he stockholders payment would be made to them company liquidating a Supply Co. Mr. Kelley % ;,w; expiration Kingsbury S. Nickerson, president and director of The First National (N. -* > of offer The , num¬ plans to register with the SEC on Sept. 3 $16,500,000 mortgage bonds and 40,000 shares of $100 par preferred stock, * expected that competitive bids for the issues will be opened The Y. Hackensack Water Co.—Banker Elected to Board— sack 2248. 179, p. Kelley Island Lime & Transport Co.—Control— cash 30 of 2807. of Jersey Harris the presented Inter-Canadian Bank shares 2243, to formal. offer a received at Industria 15, offer purchase from the company bonds, series G, due Aug. 1, common of Place, rate times dividend 5.. —V. , of quarterly the at company is Oct. has called for redemption on July 31, next, all of its 4Vu% first mortgage bonds due 1983 at 104.15%- and interest. Payment will be made at The Chase National Bank 179, accrued 111.—V. 90, 3%% the with of first It full interest in company the of dividend annual Indiana & Michigan Electric The of outstanding —V. that be Kiendl, of the The accrued through operation of the sinking fund, at 106%% in bond:; and at 100.8*% in the case of the 3% in' ere t in each case. P-ymer.t will be made at Trust & ^"vings Bank, 115 West Monroe Street, Chicago 1978, of case bonds, num¬ certificate company Walt Gulf Power Co.—Bonds Called— The will 26-year Gulf will start will be carried 59. p. the will have 2.2 preferred March period of several a for reimburse Coastal for with the drilling and figure estimated at $130,000.—. a due the Illinois Central RR.—Bids for Bonds July 29— Mr. Hines said, has agreed to of Coastal's costs in connection Gulf Oil Corp., bonds ' the authorized the in Light Co.—Partial Redemption— 3%% . of the offer call for no change in present management and company's activities will continue to be carried out in Mt. Gilead, Ohio, without material change in policy or loss of identity of tho present corporation, Mr. Cotner stated.—V. 177, p. 2457. " .therein. letter of notification with the SEC to be offered at par (one The proceeds are to pay ex¬ has called for redempti'n oi» Aug. 1, 1954, $63,000 of first mortgage bends due 1973 and $10,090 of 3% first mortgage Terms '. Pla. corporate of 157. p. Uranium €orp., Monticelio, Utah—Files June 29 filed a on Iowa Power & the office to Joseph H. Hines, President of Coastal, first well this month. The well, he . said, to a depth of approximately 11,500 feet. Under the agreement Coastal will assign to Gulf its -; approved If will of share of board it land the the to B1(U According drilling granting the in ships.—V.- 180, not disclose stated said. Inc., have completed development dri'ling program on a 60,000 acre tract oil discovery made earlier this year some 35 miles a of area of without underwriting. incident to mining activities. The 1954, one addi- continue to stock new an 238,041 on per did directors Signs Florida Project Pact— corporation and Coastal Caribbean Gils, This Liberia of and Liberia, Monrovia, in than the issuance of •*>..■■'/ •. V A/ V. on the business of also acts as the sole carries Liberia shale), per penses about Oct. held announced. the outstanding Cotner - - of basis company by Instruments, Inc. of will be available to the generally. the minimum a share per the Mr. ^expensive Tulsa, yield $45 The the recorder is the checking of meter conditions, heretofore possible only with operating will proximately $45 - extra equipment and personnel. new instrument will be manufactured held, received* has Manager, On for seen use under board the and stockholders stock General shares they pass two different sources as that proximately automatic pipeline operation. inKtrument—cal'.ed a capacitance recorder—offers a continuous unequalled accuracy on pipeline contents. This contrasts with the widely used conventional method of mathematically calculating batch progress and verifying by sampling. The recorder's sensitivity is unique in pipeline use. It even differ¬ entiates between two batches of a product of similar specifications An in changes equivalent to $2.64 on dividend.—V. 179, p. be company price ^ U The accuracy to be Hydraulic Press Mfg. Co.—Proposed Sale— - of Co. other acquisition. such with registration the the as consideration or Trust Corp., International 10,000,000 shares of common stock covering cent acts government the and company The check of grade of gasoline—from of split common presently stock step in & stock As per 4 , "magic eye" for pipelines has been developed by this corporation's research laboratories at Pittsburgh, Pa., and is already in use on some lines, it was announced on June 30. It is described as a major forward as intention the share. ber ■" A such cash any International and sale Corp.—New Development— ' subsidiaries controlled . increase an other and which company of The , ^ •through the line. present after cents The Gulf Oil shares dividends in the promotional stage of manufacture coatings to protect against corrosion. and linings also recommend may preferred Trust . 3,131,532 shares of issued stock split. Under this program it is common stock,/without surrender of of a incorporation. SEC— i* company board The ber filed was holder each A., • * changing the a two-for-one by shares that York New S. other connection in charters 29, 1954, at the rate of one expected existing certificates, will receive on or about Oct, 17, tional; share for each share held. , with the SEC on July 6 covering stock to be offered at par ($10 per share}, notification of letter A and is pay f.gent qthers, of increasing the authorized number among shares common It Elkton, Md.—Files With Guidon Corp., purpose, of of cumulative preferred stock of Greyhound of both series will be increased to not more than 129,690 shares, and the presently outstanding 10,600,367 shares of common stock of Greyhound will be increased to not more than 10,661,472 shares, as a result of the merger.—V, 179, p. 2370. stock special ftieeting-of stockholders A < 10% a for each owned a Washington in International The -a 3 recommended a two-for-one stock split and dividend. The stock dividend is payable on July on 1954, to stockholders of record Oct. ten shares then held. 5, share shares 94,445 standing directors Inc., no $52,150 of its. stock Household Finance Corp.—Plans Stock- Split— The inactive. has corporation, should - .. , On°the - Co.—Bonds Placed Privately —The company has arranged to place privately through Dovenmuehle, Inc., Chicago, an issue of $500,000 4Y4% first mortgage sinking fund bonds due Feb.' 1, I960, it was announced on July 8. \ Specialty Mfg. Hoffman wholly two Washington, company muda (Edward) Ilines Lumber Co.—Secondary Offering—A of Pacific held by Southern $100i (par public when the merger becomes effective share of 5% cumulative preferred stock the and Co. converted be of but has an in¬ Ltd., a 'Ber¬ representative of the company in Bermuda, and is also engaged in overseas financing, frequently in cooperation with ' the company. This investment represents 20% * of the capital of the Bermuda firm, and directors of the company in¬ dividually own shares representing an aggregate of 40% of said capital. A//.// A /A • A A / • A->'/ > • The company, together yvith Washington International Corp. Ltd., is -presently .engaged in -negotiations with stockholders owning "a controlling interest in the International T.u t Co. of Liberia, for thbpurchase of such interest. The company is considering purchasing, directly or- indirectly, a substantial interest in the International Trust Go. of Liberia, by issuing shares of its comomn stock, directly or Indirectly, to the controlling stockholders of such Trust company.. At the present time it is contemplated to issue not less than 30,000 and not more than 40,000 shares of the stock of the company in connection with such acquisition. It is not proposed that the company The has sold deep V-shaped gorge on the a agreement The New presently vestment corporation has Washington, Bank national- in 10 ___ the Government of India a 5-mile con¬ veyor system to handle materials for the construction of the Bhakra Dam in the Himalaya foothills. It will be the highest dam in the world except for the Hoover Dam cm the Colorado River. I The contract calls for a series of 46 conveyers,to be linked together in a continuous line to carry sand and gravel over rugged terrain to 486,500 shs. shs. 97,300 Totals—--; Co.,. Inc Si 2808. p. This ^ 62.055% shs. (63.78% ) 474,279 shs. (97.49%) 32,800 shs. (33.71%) none 2,4^44% shs. ( 2.51% ) 12,221 shs. ( 2.51 U) Greyhound Corp The Southern Common 179, York Hewitt-Robinsvlp^.—Sells *• follows: Preferred Shareholder —V. Co. & W. Warren is It Co. & Newburger - , subsidiaries. They, are Inter-1 corporation, and Inter¬ Panama corporation. Inter-,, of Washington, Inc. acts as representative of the company York City. International Bank of- Washington, S. A. is* of national 40% 40 10 Inc. Co., & company national * Stroud 10,600,367 shares of common stock. All stock¬ of business June 30, 1954, will be and stock, preferred holders follows: as are The which each is obligated to purchase, percentage of unsubscribed shares 67,445 shares 5 'It cumulative Greyhound had outstanding preferred stock, 27,000 shares of 1954, 30, June W\ % of , 1954 (254) 10 the can District of opinion obtain- of the Columbia. The eral of the Board, John C. was officers on of Lincoln, elected Co.—Irrgang Elected President— July 7 elected William Irrgang President and Gen¬ the company, James F. Lincoln, elected Chairman will remain active in the direction of. comoany policies. directors Manager founder of the company, now living in Phoenix, Ariz., Honorary elected were Chairman1 of John S. the Roscoe, Board Executive and Treasurer/ Other Vice-President; A. F. and Secretary; George Landis, Vice-President. Mr. Irrgang, the third President in the 59-year history of this large manufacturer of are we1 ding' equipment, has been Executive VicePresident since October, 1951.—V. 178, p. 2477. Davis, Vice-President Volume 180 Number 5343. The Commercial and Financial Chronicle (Arthur D.) Little, Inc., Cambridge, Mass.—Egyptian Minerals & Chemicals Corp. of America—Merger— Contract Signed— It ; announced was engineering firm Administration July U. S. for Government in contract project for the 13 that this industrial consulting and a contract with the Foreign Operations signed the project This program. See Attapulgas on has of industrialization Egypt under until extends continuation a the Technical June, 1956, development of Egyptian industry firm since January, 1953. the Agreement With Further recognition of tion from blast furnaces new a eastward Principal Big Steel— Oil which is company Provision deducting all for estim. Fed. $445,490 inc. tax. capacity of a To Oil Northern Co., ties in will now 199,000 239,000 438,000 $246,490 $303,548 $550,038 Co. transport $988,038 $542,548 crude line initially will from year earnings Dividends pfd. Dividends com. Surplus for Common Earned Paid qtrly.). 29,856 period 151,947 has contracted Mutual The to from crude the use the Fosterton $121,745 line 16-inch of South refinery, with 303,894 share) $0.71 $0.50 Pipe Line Co.—("Wall Street See Seatrain Lines, 423 for the six months ended June 1954 30, Inc. below.—V. do not include Federal pany expects to income or profit excess taxes ^slnce the com¬ deduct development costs of its subsidiary, San Manuel Copper Corp. Magma's points report capitalized would instead have been of out that being if costs deducted, approximately of San six the $1,113,000.—V. Manuel months 178, at competitive sale on been had tax Other liability and 2574. p. Magnolia Park, Inc. This corporation, track in Sept. 23, The which it has been the operate Parish, La., Orleans' New The expects to first its open Thus, not to the night State consider racing in of construction and overall construction of to of schedule. The Administration Building, Racing Oval, barns, and electrical power substation have all been completed. The parking area is graded and complete except for asphalt: Over 1,000 requests wnd for what stall of one have months few a becoming space ago America's already was been received is land swamp from well ing & Dominick, offer an to acting behalf of on substantial a of of its customers, shareholders of terms and holders of the All stock is 1954, and is that —V. conditions, be 31, 1954, to all other in of one than 66%% the outstanding of stock be the constituent provision share, of banks for affiliate and taxes compared operating earnings and with the for preferred $1,724,804 second dividends, 30c or this of corporation quarter series due 3'/4% series due stock, 3.90% were the first earnings, after $3,860,579 for the six provision 64c or same months for share, a period of of 1954 the taxes and its consolidated period same $3,378,798 with tDoes , not The at 4% company is from two stockholder insurance of for from also company 100,478 preferred to plans 150,478 series into to increase shares and its its authorized consolidate designated one, the its preferred three dividend $1 Board, It to was succeed President, has also been elected stock reported that Mr. Ferguson's been sold to —V. Period End. June 30— —V. $4,585,561 179, include be by the of shares Mediterranean Pan-Israel Inc.—below.—V. Co., Shoe Retail . .____._-._T sales 179, 2706. p. table below Days End. Complete aluminum the is this 205 with 1954 at price The new techniques, product, developed by aluminum sheets are and use available 10 of and sell photosensitive, Horizons, in inches the by 4 also the announced of by inches of involves 8 inches already such by proven products use and 10 Commercial corporation of which inches Include the name Corp., N. Y.—Files With SEC— July 6 filed a letter of notification with the EEC covering 3,000 shares of $6 cumulative convertible preferred stock (par $20) offered and in per unit, are to be on 15,000 units of through A. used for shares one J. of common preferred Grayson nf working capital. and New stock five York (par 10 common City. cents) shares at to severally principal amount first to the receivers type (curved major console 21-inch a Chicago, tube The Galvin, set President, color with used fall and his ratio a company of to $199.95, sale least at first same year the industrv. television sets 1953," he said models three radios. Uranium corporation June on P. G. & Co. Christopulos and proceeds James are .fe E. to be 25 market Co., show and be $100 The net proceeds to are company covering be to phone offered be & applied at as July public the an Co. time cost value. Md.—Changes 1330. p. Raised— trustee for the as 1, 1974, is 25-year prepared indenture development discovered yet Chairman, 200 said dated of as in Its of North Nova new will America, spring the of it 1955, that needs dock at the four its mineral new re¬ Atlantic Sea¬ company's new years. facilities already is part are at the way, under of Mr. National of Baker disclosed. Gypsum's four-year, Savannah Portsmouth, which "With of cost Quebec, as material raw in Canada plant does not company low this rock and Montreal favorably compete N. H. by 25% with virtually unlimited lower cost," Mr. operation. reserve the us material at substantially raw Halifax new manufacturing to and $3,500,000. development will provide the in said. 14% in increase this of for the and the we to also are consider¬ supply a fast grow¬ facilities," Mr. have now ability to Toronto, Canadian deliver it by would be we in market."—V. 180, 1954 which heating and products the amounting sale previous of to structures. non-recurring a $237,000, which year, Industrial for income for the fiscal on $1,556,000 including were facilities sales, from approximately $18,000,000 in 1953 shown in the recently published annual report produces heat transfer equipment, metal net in 1954, is company, powders compared included ended March 31, disposition of earnings of $713,800 year profit 011 with $95,000 non-recurring profit on facilities. taxes, income net stock amounted outstanding, to $856,000 against 1953 or $2.29 figures of per share $382,000 of and share. per Ohio for the assets of Viking Air Conditioning Co., November, 1953. This acquisition has added many the company's already diversified line, including purchased company in products to air warm and furnaces, window 173, p. and humidifiers attic fans for for air heating ventilating and warm summer 2498. black and Sliirt Shops of Delaware, Inc.—Sales- National Period End. June 30— Sales 1954—Month—1953 179, $1,965,618 $1,676,655 - —V. 1954—6 Mos.—1953 $7,772,263 $8,913,395 2598. p. New England See Mutual model at Fund—Merger Effective— Fund of Boston, Inc. above.—V. 179, p. 2707. color tabic sets demption— bv The for sets white New England Gas & Electric Association—Partial Re¬ account company of the 4% fund has called for redemption on Sept. 1, 1954, for the sinking fund, $59,000 of 20-year sinking fund collateral series C, due 1971, at 100.90% of the principal btinds, amount. Payment will he made at the State Stvreet Trust Co., State & Congress Streets, Boston, Mass. sinking trustee, Sept. 1954 may be detached and collected in the usual manner, at the option of the holder, be presented with the bonds so delivered for redemption.—V. 179, p. 2144. maturing Coupons figures of one somewhat are the best years on 1, New Jersey & New York RR.—Offer for Bonds— be¬ pay City, Utah— D. letter a common through Nebeker all of of & Salt Thornton Co., Lake incident expenses notification the of this Clerk the City, D. Utah. net of sale at debentures, competitive repayment established registration a 35-year (parent), the Co.—Regis¬ Exchange Commission— filed 9 Telegraph of amount Nov. 27, gage practice, due Aug. are for are received. general to Such June Jersev 21, in 1954, by the U. proceedings fo'- S. 'he District reorgani¬ of & New York RR. Co., debtor, at the; following $1,000 face amount of first mortgage bonds April 3, 1880; <bi $850 for each $1,000 dated 1885; second (c) mortgage bonds Issued under indenture dated amount of general mort¬ $500 for each $1,000 face issued under indenture dated Dec. 31, 1892. June 21, 1954 and up until July 1, 1954 Erie Since RR. Co. has terms $336,500 face amount of first face amount of general mortgage bonds. entered into an arrangement with The First foregoing acquired on bonds and $493,500 RR. National N. Y. to the has Co. Bank of accept the City tenders, on of Wall St., New York 15. first, second and general RR. Co. and to make at the prices indicated above.—V. 155, New its York. behalf, 2 of mortgage bonds of The New Jersey & New York with 1, the 1989^, approximate mvance corporate indenture mortgage the are purposes, including property additions and improvements.—V. 179, p. 2707. required payment therefor 90. p. bidding. Net proceeds irom American Tele¬ expected New bonds advances which proceeds statement entered of for each $850 under Erie & of (a) face Morris The to mining operations. order company, the Erie RR. Co. on July 1, 1954, filed with such Court an undertaking to purchase outstanding bonds of The New Jersey issued with an District for prices: stock (par three cents) to Harrison S. Brothers <*r Co., to Pursuant the Court Telephone toward Telegraph $24,000,000 obtained, on asset 21-inch a a Exchange Commission— of W. to $20,000,000 for 48.1 National Radiator Co.—Reports Higher Earnings— A company 17-inch a 25.000 of Corp., Salt Lake share With Securities and The SEC States per and 61. p. ,1 Mountain ters 164, supplemental a and Halifax this gypsum position trust "Both total filed 29 shares per Reedl Co., used net at Corp.—Interest April company's the Baltimore, of a standard a the of said. covering 4,999,000 rffered at six cents be check a cents which mask) quarter sales, for example, shou'd 1953. We expect to finish out with the years." Mr. Galvin predicted the sale of at least 6.000,000 SEC 63 25 our Files With Securities and The of income program scheduled for completion by mid-1958. is also expanding capacity at its gypsum products plants utilize ing annual sells this year. and 10,000,000 Peale out¬ expansion ing the Mount Board mine Canadian blowers Our own second period in share now 15. supplies of high quality The termed sales prospects to be excellent for the electronics the second six months of the year. "After a slow start in quarter," he said, "some of the lost ground was made up in the shares Hagerstown, $6,000,000 development estimated an "This new the including companies the of York, Cleveland, all in size of the television receivers at forecast investment above.—V. due largest July supply company New at 111., on Julv 9 aperture picture approaching of corporation quarrying operations by for at least near $37,000,000 common television' at the The TV ,7729 exchange agent. quarterly dividend Developments— in $895). monochrome of is net York, N. Y. to estimated scale on Halifax The $1.02 100,000 color salesmen in of Fund, 2372. p. deposits, Baker, plants After 150,000 move basis corporation Co. this Products New pursuant 179, full H. properties set. watch Midland The as inch this Trust additional debentures 1974, Construction zation plates, faces, wiring diagrams, instructions, instrument and slide rule scales, and other products wheer resistance to abrasion, temperatures up to 1000 degrees F, and acids, salts, and organic solvents are important considerations.—V. 179, p. 2474. dial time 500,000 big-screen CBS-Hytron of $149.95 best originally and the Galvin Mr. anodized the thickness, of price close England gains. Application has been made to order permitting the reinvestment of the Corp., Co., Earnings before taxes ___ "But, still they industry has had."—V. 179, p. 1049. corporation. was of $129.95. V. color For using stand¬ this which in inches, 5 Applications making by and Cleveland, 0.020 inches inches. in been Metalphoto. measure of 12 as Inc., which sizes product has known line fund would serves for Television surprising line level, at Paul 1953 $a,425,105 $10,131,013 $46,603,224 $47,878,134 manufacture the this new a set model low to from hjive below named in of & of Wing Corp. Trust announced the and the on share from in Distillers for Melvin $5,750,000 leadership (basic square second i rights first the second quarter. Jan. 1 to June 30 sheetsf designed for photographic reproduction darkroom bid for $1,000 shown industry 2809. Metalphoto Corp., Cleveland, O.—Granted Rights— ard Missouri of stock 250,000 distributors Channel gypsum ready was compli¬ upon common Co Inc.—Color the at New $14.88. capital Aircraft 1, installations of 900 exceed —V. of Co. & monochrome1 (Israel)—To Drill— June 30,'54 June 30,'53 & net ship in such cities 158. p. introducing each p. be tl,500,000 shs. mortgage the respective Co._____ shares follows: Inc. Deposit cents exemptive company's Scotia 250,000 a 1954—5 Mos.—1953 179, & those as National Gypsum Co.—Begin? Canadian Development 1955. purchasers company below: Brothers renders Corp.—Current Sales Off— 4 Wks. & 4 Co. 31, New England Fund and New exchange therefor on the basis in of corporation each dividend 14.9 distribution to $20,569,000 Dec. of 1954.—V. The a Corp. Wells & Co._____ corporation priced the Melville the shares Electric corporation 20,000 shs. under the forth 21-inch $4,780,364 $21,331,038 $22,190,016 Petroleum Corp. Oil The — set of Motorola this See Union to period ending of i 1. Baker thereof. 200,000 additional sold the issued be may 23, was this 2707. sinking April July 75,000 shs. • was June to ex¬ change the $37,350,000 principal amount of outstanding debentures for an equal principal amount of 25-year 3%% sinking fund debentures 7,500,000 provisions Motorola 2597. p. Outstanding $7,500,000 of that New England Fund will pay a an p. Bankers "To 2,000,000 $100) (par for Custer 3 Ve % FINANCING • purchaser.—V. 178, Sales Off— 1954—Month—1953 Sales PRESENT 500,000 Along Stores Co.—June TO this for Safe quarterly gain 179, of Fund realized cooling.—V. showed McLellan EFFECT Iowa convention Chairman 1,805,500 unnamed SEC The in 2,000,000 shs. Blair 180, models holdings of an Mexico. The Harry Ferguson, resigned. the company's stock have p. 1878. in 40,000 shs. Thomas outstanding series. Massey-Harris-Ferguson Ltd.—New Chairman— Duncan, communities, Mullaney, Patterson, Copeland & Kendall, Inc This S. 15 service assets Fund held corporation this 1954. from -See Missouri Stern loan construction company has no present plans for marketing additional preferred stock, according to Neal D. Ramsey, President.—V. 180, p. 60. James water the 1S84 First $1,000,000 a finance to of in gas and (par $5) bonds new program. The natural Kirksville north Halsey, Stuart & Co. Inc approval companies Missouri Authorized agreed to purchase from (Calif.)—Plans Borrowing— seeking supplies in 6lVING William Market Basket of area values of already been mailed to Mutual Fund stockholders final National added I be received Boston consisting board 1979 UNDERWRITERS 711. p. also cumulative bonds the company to time during net operating dividends, were or 58c a share preferred with 175, will facilities, series ance of for. the and compared 1953.—V. bonds series "Additional 1954, after $1,919,780 or 32c a share a the service 2%% Preferred deposited. 1953. For and mortgage bonds— 2%% series due 1976 Corp.—Earnings Show Gain— net the to 1954 were England meeting Name— of 4.30% consolidated of Springs, Mo. Common stock The sale "First stock¬ due course. so the Baker 136, p. 2080. Marine Midland the property of company CAPITALIZATION with an escrow agent prior to Sept. 14, conditions to which both offers will be subject the from the year 1953, the company had total operating $10,732,017 and net income of $1,022,083, .against revenues $10,068,939 and net income of $1,049,753 for 1952. deposited of not less to July and this will be mailed to them company, to one prior its part heating Excelsior revenues this company to purchase their stock at a price of $75 per share, less New York Stock Exchange commission and transfer taxes. Dominick & Dominick has also agreed to make an offer on same redeemable EARNINGS—For certain group The water and ' made (jointly), 102.2799; and Lehman Brothers, be proceeds to substantial a hot Dominick will improvements River. 1723. p. bonds new BUSINESS—Company is engaged in the generation, purchase, trans¬ mission, distribution and sale of electric energy in a territory embrac¬ to way 179, & Hutzler 30, There has National White, Weld & Co., 100.434; Co., 100.20. Bidding for a 3%% coupon Corp., Merrill Lvnch, Pierce, Fenner & Beane ' Manhattan Storage & Warehouse Co.—Offer for Stock has July on bid of 101.65%. on a The is expected for the and horsemen, its on racing installations."—V. top It were: company's general funds which will be used to redeem, on or about Aug. 19, 1954, $4,000,000 of first mortgage bonds, 3% % series due 1981; to prepay a 3%% promissory note due Sept. 10, 1954, in the amount of $2,800,000, incurred in connection with the con¬ struction program, and to meet in part the cost of further additions the track is running six days ahead 3'As as & Boston PROCEEDS—Net a effect, ' process First July 13 bonds New stock The proxy. 30, 1954, which were Mutual Fund of Boston, England capital at regular redemption prices ranging from 105.25% to par, and at special redemption prices re¬ ceding from 102.33% to par, plus accrued interest in each case. season announced. legislature of 16 to New due The of Louisiana has decided by a vote of legislative act to ban night harness racing. has been approved by the state legis¬ lature, said the announcment, which further added: "The grandstand and clubhouse for Magnolia Park are in the 43 the Williams 101.734. harness new for and Salomon Bros. (La.)—May Open Sept. 23— will Jefferson bids Baxter, were: racing of the $7,500,000 of first mortgage bonds, 3Y4% series due July 1, 1984, at 102V\% and accrued interest, to yield approxi¬ mately 3.13%. Award of the issue was won by the group or the of asset net stockholder standing. Missouri Power & Light Co.—Bonds Offered—A group headed by Halsey, Stuart & Co. Inc. offered on July 14 stood at $3,285,- $2,301,363 in 1953, and the company produced 29,181,096 of copper against 25,466,048 for the similar period last year. figures include provision for depreciation and depletion but Profit was for full shares of New England Fund and checks for adjustments for fractions have been prepared for distribution cash each cents 180, p. 61. on into stockholders' June and to —V. against pounds share, per Certificates the Journal"). Missouri Pacific RR.—Sells Seatrain Shares— by July 1, person relative $19.25; share Magma Copper Co.—Reports Higher Profit— Net profits the business Saskatchewan $1.00 1475. p. Saskatchewan in transferred England Fund shares Great boost South $1.61 $0.50 share) (per $0.90 to the at were Pipe Line early stages of construction, as far as Regina, where it the Interprovincial Pipe Line System. Interprovincial will in corporation approved at which more than represented 1, 1955, shipments to 20,000 barrels daily by Jan. l, 1956. Southern Production and Woodley Petroleum are the principal stock¬ holders in both Minnesota Pipe Line and Great Northern Oil. Southern Production, Woodley Canadian and Socony of Canada are partners in and $186,432 303,894 2250. Boston, Inc.—Merger Effective— this 80% of its to area of 1954, the crude to the Clearbrook terminal of Minnesota Pipe Line Co. Northern expects to begin shipping at least 15,000 barrels a day of Fosterton crude through the pipeline facilities by June 303,894 303,894 (net). Fund of merger unanimously of Great 59,712 , $64,687 . outstanding (per 29,856 151,947 below) (see common common 178, (V/z'/c stk. shares on on —V. stk. 177, p. share, with a dealer's discount of $1 completed.—V. 180, p. 158. Great Northern Cities area. With carry Net working capital.—V. per be buy Fosterton crude from SoconyCanada, Ltd., a subsidiary of Socony-Vacuum Oil Co., Inc.; Woodley Canadian Oil Co., subsidiary of Woodley Petroleum Co., and Southern Production Co., Inc. In this joint producing ven¬ ture, Socony has a 50% interest, with Woodley holding 30% and Southern Production, 20%. June 30,'54 exps._ initial an for . 6 Mos. End. Mar. 31,*54, June 30,'54 after the of user Northern Vacuum Co.—Quarterly Earnings— Quarter Ended Earnings with area which Co., Great essentially MacAndrews & Forbes Paul Completion of the system is expected is building a refinery in the Twin capacity of 25,000 barrels daily, the refinery will process medium gravity crude from the Fosterton area of southwestern Sas¬ katchewan, Canada. made July was Minneapolis-St. used Murray Ohio Mfg. Co.—Secondary Offering—The sec¬ ondary offering of 23,400 shares of common stock (par $5) made on July 8 by A. G. Becker & Co. Inc. at $26.75 south¬ Minn., be rated a 16, by the signing of a license by the United States Steel Corp. This the pressurizing of the top part of the furnace, has increased the daily output of those blast furnaces already converted by as much as 15%.—V. 178, p. 1161. this with agreement process, to now. for increasing pig iron produc¬ process the to 35,000 barrels daily. between the Portland, Ore.—Files— corporation on July 1 filed a letter of notification with the covering 25 shares of common stock to be offered at par ($2,500 share) to employees and present stockholders. The proceeds are per Clearbrook, car¬ ;i The This company has awarded to Williams Brothers Co. of Tulsa, Okla., a contract for construction of a $12,500,000 cnide oil pipeline. The 16inch diameter line will run 260 miles from cooperative which has been Multnomah Plywood Corp., above, Minnesota Pipe Line Co.—To Build Line— the of Minerals & Chemicals Corp. SEC Cooperation ried on by the ..The contract will implement the new project agreement Governments of Egypt and the United States. Signs License (255) New York, New Haven & Hartford RR. — To Issue Eauipment Trust Certificates— The for an to noon, (EDT) issue of $6,180,000 equipment trust certificates.—V. company plans to receive bids up July 22 180, p. 158. on 12 The Commercial and Financial Chronicle... Monday, July (256) Niagara Ealie Mohawk Northern Pacific Ry.—Plans Equipment Issue— Corp.—Plans Financing— Power Machold, President, on July 12 announced the company would sell by competitive bidding on Aug, 24 an issue of $25,000,000 general mortgage bonds due Aug. 1, 1984. Proceeds, he said, would be used to repay short-term bank loans and for financing construction. permission finance corporation Holders trust — equipment. trust collateral of that $1,808,000 Earle J. Machold, expansion By program the system to which 1955, 2,775,000 to South plants further said is bonds, It due Sept. amount Northern States Power Co. The number of increase the system's total power and increase will the first supply At 400,000 over the head of Niagara Mohawk is constructing daily 158. has miles 25 stores and $20,000,000 describing instrumentation aerial for ground or Electric Manufacturing The company 1954, is offering to its the right to subscribe Offered— Co.—Stock The SEC stockholders of record July 1, common before Aug. 2 for 20,322 additional at $12 per share. Yf :Y Y;,,YvfY :'Y': The National City Bank of Cleveland (Ohio) is transfer agent. The proceeds are to be used to reduce current indebtedness.—V. 179, shares of stock common be to $10) used filed 28 Electric notification of Public Service above.—V. Co. Co. 180, Pacific Greyhound * See from 103.50 1973, to and if callable redeemed at sinking at before fund regular Pacific Oct. 31, 1955, redemption in redemption ? prices ranging 100 after Oct. 31, to prices ranging from be offered at are together with facilities to gas other proceeds funds, increase to system from the construct capacity sale current and acquire 1,100 to will million be and below Counties Coast Gas feet cubic of natural gas, Natural which Kansas, sold for division Gas and by Nebraska, Iowa EARNINGS—In income of $8,854,739 and CAPITALIZATION and maintains miles through consumption and 27 and this 1953 operates 6,853 is neighboring the of total operating EFFECT utilities, gas with TO PRESENT had serial debentures, due 1955 serial debentures, due $1,600,000 annually 1956-1965 — — of rate for Petroleums of this Pacific into stock the terms Pacific of exchangeable & of of and Electric & ITT, annually 1966-1967 and Co. for of 179, Service Gas due in 3% % 1970 sinking ; Nov. 1, 3 V4 '/<• fund the Nov. of a merger, 5'/2% for share share be of of stock common first sale 25,000,000 25,000,000 t $10 > 5,000,000 shs. v.-;■ 750,000 shs, pfd. stock (par $100)__ include 928 shares all of such loans. If any, to to mature March employees 31, Blyth Co.. & of the Robert Inc W'. Baird & Co., . Inc. Barth G. Blunt Ellis Co. Sons. 240,000 & Slocumb Co. W. Phillips Carroll »Central (Inc.) Courts & 450,000 facturing 175,000 p. The Ohio Company 1 Co. & Co Skaggs Dominick & 125,000 Co.___ Webber, Jaffray Co. Co., Inc. ._ 100,000 Shearson, & Co J. B. E. & plants months & result and, the fine seal," body plant. presently is full the perhaps use Division of > 179, Nicol, Morningstar, extensive plus for gum a on, recently. is manufactured adhesive runs, ink resin Inc. laboratory report a made to the flat the enevlope in¬ Co Staats & Co. Stern This tures 240,000 debentures Stone & Webster Securi¬ Brothers ties & Co.™ Corp. 1954 725,000 & Swiss American Co Corp.™ Talmage & Co._ Spencer Trask & at 100,000 Sutro company is notifying holders of its due 1973 that $1,375,000 aggregate 125,000 New at the will be 100.73% principal York, redeemed and Y.—V. N. of 179, 3'/4% sinking fund deben¬ principal amount of these the sinking fund oh Aug. 1, through accrued office interest. The p. Redemption York New 2810. Trust will made be Company, Pan-Israel Tucker, Anthony & Co._ 125,000 Union Securities Corp.__ Wachob-Bender Corp. 725,000 trustee, 450,000 G. Inc.—To Drill— Corp. H. Walker & 175,000 __ Weeden 725,000 White, 175,000 Dean 450,000 Harold 450,000 & Co & & 24«,000 Co Witter Co E. Wood Woodard-Elwood & & 725,000 According 240,000 Cor_ 100,000 Co. 100,000 725,000 Israel and • in »y William to ,16,000 feet. It are F, Mediterranean sub-structure which 2809. Deep drilling for oil in the State of Israel will begin soon on acreage held between this company and Mediterranean Petroleum (Israel), newly-formed corporations which were fecently ad¬ mitted to trading on the American Stock Exchange, it was announced on July 12. 450,000 Co. Inc. Weld studies was still Buckley, Petroleum of Israel's who have heads both drilled coastal 17 plain also serve for Israelis who will be working on as the a companies, core preliminary deep oil holes Pan- to date for a total of drilling operations, area pointed out that these structure underway, year," v * and $24,950,000 utility principal manufacturing, pur¬ within the city of area. ended March $117,546,734 $22,558,881.—V. 1954, 31, and 179, consolidated income gross before 2708. p. the of $447,613 share of per 31, paid the for six the by $26.53, was 821,000 on ended months corporation paid in June, was 1954 1953, as shares June 30,; with $447,586 for the same period last share for both periods. A cash dividend per was 30, June Dec. period. corporation share at at each compared as share per share per per end 23, June on 1953.—V. 179, p. 1954; 1614. Philip Morris & scientists Co., Ltd., Inc.—$3,000,000 Expended Development— technicians, provided industrial date, Mr. McComas with its and laboratory the of some most facilities have advanced been instruments research. dramatic most to and and to Mr. result McComas of this said, emphasized research has the1 and the been importance development expan¬ Snap-Open new Pack. of finding, through re¬ search, new uses for by-products. "As a company," he said, "we have our major assets tied up in leaf tobacco—more than $160,000,000. Each year we dispose of millions of pounds of stems at little or no return, about which 60 tobacco these the at cents were stems."—V. price average pound. a industry Pinellas *79, A p, new of cigarette economic profitable a era leaf could by-product have be a value of for the opened utilization found for 2372. & King, 108% and Libaire, 19 Stout & Co., issue of $250,000 an York, New 8% debentures new and accrued conversion are interest price entitled are to of and are on and convertible share at any benefit of certain $5 the redeemable plan to convertible 1954 and due July 1, 1964 at 100% and shares of class A stock (par $1) at $4.75 The the Industries, Inc.—Proposed Financing— 1, 9,975 per pub¬ offer debentures dated accrued interest, per Aug. into class time and share. after 1, A after Aug. contingent 1955 at stock at 1, sinking 1955, fund provisions. The net proceeds are to be used capital.—V. 180, p. 61. Pittston ferred to construct plant and for working Co.-pSecondary Offering—A secondary offer¬ tests stock (par $100) was made on July 8 by W. E. with a dealer's discount oversubscribed.—V. 179, p. 2810. Hutton & Co. at $107 per share, of $2 per share. Progas of It was Canada, Inc. — Propane Sales Up 58% First Four Months—Expansion and gas, Co., jointly 175,000 Oil maturity. public a months 12 value the amount This 240,000 last in Financing Planned— .. .. . 240,000 100.000 Co.__ - the in ing of 17,000 shares of 5 Vfe% cumulative convertible pre¬ Panhandle Eastern Pipe Line Co.—Partial Redemption 100,000 725,000 Barney & 1955 100% contemplate capital expenditures totaling approximately $113,000,000, about in the current year and the balance in 1955. totaled for Research and July the new a Earl on the was $22.51 at licly on July important,:, the envelopes stay C. Lenz, Vice-President of more commenting 926. ■ subsidiaries spent asset cents The 175,000 Smith, 50 sion will produce perfectly flat envelopes gum storage," take of announced was remoistening a last manu¬ costs.—V. lower and press the production seal new its 1955 be to income like 100 purchased whether determine bring would it and equivalent to 54 cents known field, car the over parts to out from new which of extended into fast "front or companies, said in dustry.—V. 179, p. 100,000 Co., Inc.. p. flap throughout 450,000 W. C. Langley & Co. .Lee Higginson Corp jjehman Brothers 179, Hammill Co. feed impression Res-N-Seal, time every 240,000 Son. Co Bidder, Peabody & Co._ 3Grkpatrick-Pettis Co._ —V. 125,000 Weeks™ Hutton' & KJman : Co & that even sealing 125,000 Hilliard & & all survey carried Packard tests, show that the 450.000 Shuman, Agnew & Co.__ 450,000 in by this corporation, Hutz- & William R. 725,000 them "Several 725,000 725,000 Hornblower the made to take to be by to $15,000,000 is metropolitan and with was Eisele Called - 725,000 Ripley & Co., Inc. «>. 725,000 Co. Hemphill, Noyes & Co._ Henry Herrman & Co.__ 'W. Bros. ler 125,000 & Inc. Barriman Salomon 240,000 Co & Stuart the 240.000 & Schwahacher Halsey, leadership in were will Aug. >27, 100.84 issue company deductions expanded phase of the company's long range facili¬ improvement plan, the move was preceded program a the O. Parker McComas, President, on July 13 announced that altogether, Philip Morris* has spent more than $3,000,000 for research in its own laboratories and in leading independent laboratories since it first de¬ veloped its special blend of cigarettes more than 20 years ago. 3 In the past two years, particularly, Mr. McComas said, the company! has expanded all phases of its Research and Development Program. Today, its highly trained skilled research staff consists of more than" moved Mich., single-story million square foot engine and Utica, Mich., outside Detroit, and of the 760,000 square foot Detroit plant for body in sources Envelopes 175,000 Riter The Robinson-Humphrey 125,000 Hallgarten in fall new preparations outside smooth, Hopl„ Elworthy & Co Estes & Company, Inc._ Goodbody will be Detroit, company this Paisley Products, Inc.—New Development— 100,000 100,000 175,000 & wood 240,000 Corp.. IFirst of Michigan Corp. Glore, Forgan & Co Goldman, Sachs & Co._ this at plant Jackson Quail & Co. 725,000 Boston . 826. 100,000 450,000 Dominick. The First Co.„ & Curtis Eastman, Dillon & Co.__ & & Northwest Piper, 100,000 175,000 & Dain Tully S. Paine, 100,000 240.000 Co F. Pacific Co Y;— ■' k''YY Y. Y. ;* 100,000 Co. Co._^____ to the in purchase of Studebaker business body production, car manufacture was resumed at plants where work had been interrupted for two main Concurrently, 125,00(1 i a moderit first while Moseley & Co Newhard, Cook & Co.™ Cruttenden M. weeks from 100,000 Davis, the 100,000 Crowell, Weedon & Co.J. With Packard's 725,000 Milwaukee Co third and plant leasing of the production. Co._ 240,000 Dodge & The Beane__ a facilities retun by announcement of 125,000 & to program 100,000 Co. _ Chiles-Schutz Clark, ' of operations from older plants in timi complete the removal of all car building in* less than- two yeara under -the will from totaling revenues net Net 1954 assembly modern into transmissison 175.000 Fenner of production 100,000 Co & Republic Merrill transfer 1955 $29,000,000 year, said in a statement being mailed to stockholders. to produce car- bodies in this plant last week as it body-crafting for the first time since 1941. f Representing the ties modernization Co.______ operations single-story Inc.. redemption prices year. Provision is with sinking fund optional proceeds will be applied to the redemption of due Aug. 1, 1956, and the 35/s% series H bonds, 1981, 1954 outstanding Returns to Body-Crafting— assembly to The Company. Lynch, Pierce, below.- Corp. 1, to 100% beginning of at Petroleum Corp. of America—Net Assets Up— assumption the rate, Co. & net series F, Chicago The began for 240,000 & & of the Corp.,, and Stuart respectively. compared company activities & Co. Mltchum, 100,000 ________ CaJdwell Lee & Marks M. in consideration modern new Packard 125,000 Studebaker The Halsey, ' initially 36% company income pre-emptive rights of shareholders as to stock issued for cash only, except 400,000 to officers and employees; (d) authorize ' car a the $450,000 to Studebaker returned Rhoades ______ Laurence 125,000 Inc. Loeb, McDonald Inc.. Co. * Brush. reclassify plans, including granting of stock options, for shares of (new) common stock to officers and stock and redeemable are scaling EARNINGS—For or 400,000 Packard Packard Co McCormlck Simmons. & Alex.* Brown & 100,000 240,000 & M. & also Final agreement: 100,000 Eichler Beckfir (newi the 103.86 retire operating the 15,000,000 shares of common stock, without par value, common stock (on basis of five shares assets. into 1955. Irving Lundborg & Co.. 240,000 Co.__ & Bateman, A. Carl * 175,000 Baker, Weeks & Co J. underwriting ___$1,900.000 Allyn & Co.,Tnc._ 450,000 C. A. ■ conditions to common See several underwriters named below, acting Blyth & Co., Inc., as representative, have entered into an underwriting agreement with the company whereby they have severally agreed to purchase the debentures from the company subject to the and the during issuance adopt plan up .(new) 250,000 shs. sale for to of and 250,000 shs. reserved through terms for reserved of its liabilities *3,653,072 shs. UNDERWRITERS—The i of common 99.8214, interest same distributing and selling gas wholly serving an area of 213 square miles, witn a population of approximately 3,620,962. Through subsidiaries the company is engaged in the purchase, transportation, distribution and sale of natural gas to gas utilities employees of company; <e) change name of company to "StudebakerPackard Corp.," to be effective upon closing of acquisit'on of assets of The Studebaker Corp.; (f) approve issuance of 3,542,187 shares of a stock purchase plan during the remainder of 1954. tThe company may borrow all or any part of the authorized amount, any time, at the prime rate of interest in effect at the time of borrowing, (new) Co., 1 all for the company, chasing, company; (bi provide that the capital 15,000,000 shares of a (new) class of com¬ 40,000,000 34,000,000 1954—6 Mos.—1953 $4,348,984 $25,971,185 $26,350,143 Chicago, broaden1 (a 1 the sinking fund June of value, and and issued par define (c) of 17 will consider the following: Aug. on & bonds BUSINESS—The Consolidation, etc. 40,000,000 due , not will amounts, exchangeable Gas & Electric Pacific of Board — ' $467,966,621 v prices bonds, in solely of I a due stock of Pacific preferred stock common $1.30 25,000,000 under at $10 one); purchase shares stock does 36,000,000 due _____ debentures, 1954—6 Mos.—1953 $92,063,655 $454,231,009 1954—Month—1953 received by from 3% will be converted into and be of purposes authorized 3,000,000 shares into 1 due debentures, (par cumul. *This stock, mon l agreement stock Preferred 6,000,000 40,000,000 1954—Month—1953 . for which each share of common converted Into and be 25,000,000 1974. credit Common and consist presently 1973 1, Bank objects stock shall _________ Deer. Co., Inc.—June Sales Lower— Forgan redemption Co. merger Car Co.—Proposed Motor Y, The stockholders 10,000,000 $2,000,000 debentures, pinking fund 1, 1973-— sinking fund Nov. 3 'A '/r ' _______ bids series made Electric & 2145. 16,000,000 6,000,000 White 2599. p. Giore, The ™_______„ in the Hugoton field near Hooker, are near 2707. PROCEEDS—The will Cp. each Co. share a p. Packard due annually 1968-1969 2%'—serial debentures, $2,000,000 due annually 1955-1965, $2,400,000 due annually 1966-1969, and $4,400,000 Penney 99.8199. Co. agreement of and of Pacific Public Service 10,000,000 Panhandle than a year. gasoline extraction accrued Other 21/2 % . the more two leaseholds. of acres $4,411,107 were: 1682. p. Pacific agreement of 53/100ths for 7/10ths the the $1,500,000 16,000,000 said.—V. company Gas Public Electric Co.—V. serial debentures, $800,000 due annually 1956-1965 and $1,000,000 due annually 1966,1967 L_ 3 Ve '!o serial debentures, $1,000,000 due net Inc. negotiation gas wells, subscribed and the books closed. new Pacific stockholders Under net 2%% ' The Outstanding $8,000,000 in 218 are publicly $39,950,000 of first and refunding mort¬ bonds, 3V4% series I, due July 1, 1979, at 100.855% interest to yield 3.20% to maturity. The group won the issue at competitive bidding on July 14 with a bid of 100.2799. This offering was quickly over¬ well, Pacific Fort St. John No. 23, flowed 71,000,000 cubic feet a day; "on open-flow tests, a before. and Gas 1%% in p. 179, and with the Secretary of State of California, which is expected to take place not later than July 31, the merger will become effective. ; L FINANCING Authorized 2, offered . River Following the filing $66,210,401. of revenue Lines—Proposed Merger— July 14 approved the proposed merger of Pacific Public Service Co. on serving subsidiaries its July Peoples Gas Light & Coke Co.—Bonds Offered—The First Boston Corp. headed a group which on July 15 Pacific Public Service Co.—Merger Approved— states. and the history according to an largest in the on added. Management, been sale End. June 30— scaling pipeline a had 133,788 and The which It transmits resale by Its Peoples non-affiliated company GIVING the days The oWns, company approximately } . announced on July 8 the discovery of what it termed natural gas wells ever drilled in Canada. It is district of British Columbia, near Fort St. John, first British Columbia oil well discovery was announced spokesman » BUSINESS—The system Y, 1 and day. per which gasoline extraction plants 179, —V. largest Peace where used, property the contracted Peoples Dihig Stores, Inc.—June Sales Up— Petroleums, Ltd.—Discovers Large Well— the the at net facilities. have par proceeds net believed completed was $88,538,286 —V. company of ten 100.46 100.07. PROCEEDS—The and Period the 6L p. Greyhound Corp. above.—V. 163, p. 3421. The one are both gage books closed. debentures to existing refining Petroleum sale, gas Property the Sales with „ & The in (J. C.) letter a Gas transaction Okla., incident to mining operations. pay expenses Pacific See the and Involved Pacific Gas & Electric Co.—Merger Approved— ' .. in Israel the 50,000 barrels made be 40,000 Dorchester Oil The I and Period End. June 30— & Northern Natural Gas Co.—Debentures Offered—Blyth Co., Inc. headed a group which offered on July 14 $25,000,000 of 3V4% sinking fund debentures due Nov. 1, 1974, at 100.50% and accrued interest, to yield 3.22% to maturity. This offering was quickly oversubscribed and to of thq Panoma Corp. were sold by individual stockholders Corp. of Dallas, Tex., a wholly owned subsidiary of the 951. p. oil dispatch Sales 2809. p. 177, covering 30,000,000 shares of common stock to cent' per share); without underwriting. The (one or on (par June on processed~at Panhandle, Press Holdings Uranium, Inc., Casper, Wyo.—Files— corporation discovery a market , Texas The Corp,' below.—V. Faithful Old North should local a Mediterranean $118,000,000 the plants Oil & Gas Property Management, Inc.—Expansion— Panoma be and to of See could of survey¬ 180, p, 158. cubic feet to five billion up A ing for radioactive materials is available from this corporation. The brochure describes scintillation counting equipment and how it used as an aid in exploration for oil or for prospecting for uranium water. Its purpose is to provide a more even flow of water down¬ stream throughout the year, assuring maximum production of power from ail plants and benefiting all users of the river.—V. 179, p. 2040. that Panoma Corp., Amarillo, Tex.—Sells Holdings— is ores.—V. exploration in- oil for 2810. p. of Chemical Corp.—New Brochure Nuclear Instrument & development Is a storage reservoir Mohawk completed in 1953, This reser¬ shoreline of offer to plans of brochure licenses first October. in Associated A its Drilling Co., Inc., a subsidiary of the Pantepec Oil Co., C. A., for the drilling operations, including structural drilling as well as deep oil test wells. Tri-Continent has already established a com¬ plete base of operations in Israel near the city of Rehovot.—V. 179, (Minn.)—Financing— announced which out assured are Pan-Israel 2144. p. five-station Carry Falls which Niagara 2 granted Tri-Continent outlining its future financing plans, officials hinted the company considering refunding of $20,000,000 $4.80 preferred stock.—V. 179, is power Five homes. the July on bonds Israel pointed was companies of In kilowatts. Falls, Rainbow Falls, Blake Falls, and £tark, N. Y. The five new plants will add 100,000 kilowatts to the generating resources of the Niagara Mohawk System. With 11 stations further down river, Niagara Mohawk will operate 16 power plants in a stretch of 91 miles and together they will produce enough power to up company mortgage of Since . 4V2% principal agent, 23 Wall Street., New York, N. Y.—V. 180, p. is part of a postwar expending $400,000,- project Mohawk program Colton, river at the Niagara this plants to 93 over addition President, on of generating resources In end State 1953. then, an intensive exploration program has been, today a total of approximately 2,700,000 acres are being explored by six independent oil operators. The acreage licenses granted to Pan-Israel and Mediterranean Petroleum are in excess of 800,000 acres. ; ' Y;,'';YY' Y'Y^YYYYY- Y-Y-'Y 000. at equipment of launched and 1, 1975 are being these bonds will be re¬ deemed on Sept. 1, 1954 at 1013/«% and accrued interest. Redemption will be made at the office of J. P. Morgan & Co. Incorporated, fiscal July 9 placed in operation a new hydro-electric generating plant at South Colton, N. Y., on the Raquette river. It is the first of five new power plants in a project that will cost $28,000,000 and will transform the Raquette into New York's "work horse" voir purchase of notified on river. $5,220,000 issue to Commission for certificates to help Partial Redemption— Begins Operating New Generating Plant— This The May, The company has applied to the Interstate Commerce J. 19, 1954 drilling to school follow. corporation announced on leading manufacturer and distributor of propane July 13, in its first annual report, that the com¬ a pany's Big Valley portable gas plant near Calgary is in full operation and that production to date has exceeded original estimates. Total propane sales for the company's first fiscal year ended Nov. 30, 1953 were 3,062,782 gallons, with sales for the first four months of the current fiscal year 1,610.000 gallons, against 1,019,200 gallons in the comparable 1953 period, an increase of 58% . The report states that arrangements have been completed for $600,000 of additional financing, half of which will be derived from a five-year loan at 5% from Consolidated Coppermines Corp. The other $300,000 will come from the sale of 1,200,000 shares of common stock which will be offered to stockholders at 25 cents per share through the issuance of non-transferable subscription rights. Rights to sub- "Volume 180 - Bcribe are share ' held I in This the The Commercial and Financial Chronicle .... plus proportion of slightly the right to subscribe they that extent Number 5343 . may offering :is be less than to supported by for one additional available. agreements four each shares to Acquisition the sion " 5 Copper- Corp. and Burnham and Company, members of the New York Stock Exchange, to purchase, in proportions of two-thirds and ohe-third respectively, additional of any shares shares the will result outstanding. subscribed not in total a of stockholders. by 6,130,125 •. shares ,• . of Long at These .' by 20%; ments working and capital expansions; Consolidated sales for and and marketing to working income for subsidiaries; capital Other Calif. Pa. plant is linked with company plant Production t has now at was the general expan¬ underway. Calif., Anaheim, recently $500,000 completed plant at new plant begun in a improve¬ to applied has company authority 10,500 acquire the to shares Federal Commission Power conditions sale which delayed completion of its and factor.—V. a 179, the its of The application ( Uranium issue to The Canadian this Lake Huron uranium The Government in company and is the covered for signed field made field to the on similar on interest informally Affairs. July in with the stock Pearson Algom added Uranium Canadian that Mines, uranium Lester B. Shaft . . with dian which is the expects to 1,000 tons of September, in progress will soon begin in the .. Sales build at day. a cost a of of field.. The rail a $6,500,000 Production scheduled is the with plant a and The for the of start to Plans for the be to are capital. tons 6,000 York Mines 179. advanced, mill a with but it is initial an 1614. p. $1,677,065 — June international oil Stock South : the La Continental Salle stock for of Trading * (New in (July 20). * in now to used be Street, Illinois Chicago National 90, Ul.H-V. Bank 1780, Trust & be - , in fully 29 that this in company, Service Co. 159. p. dend series $9,037,545 The . preferred stock registered the has applied new world, capital shares. will form, provide payment for1 Guilder series if-redeemed prior will be to Aug. redeemable at prices 1959 15, on and to 102 scaled PROCEEDS—Part used to at curred for the company's estimated of payment ^f the proceeds from the sa'e of redeem an cost counting sei'ies the interim its recently acquired electric service to subsidiary, II. EARNINGS—For had operating the 12 handling GIVING First mortgage bonds: series) 4%% ended $21,031,597 May EFFECT TO (outstanding PRESENT due stk., 1959__ ($100 cumu. 3.35% dividend dividend * The ... stofk ($5 par value >__ amount restrictions. ,. < ■ • „ to purchase agreed respective by the of is of the share per preferred new the sold not Goldman, & W. C. F. _10.00 5.65 Co Langley & Co. Moseley & Co._!_i S. Paine, 5.65 Webber, Curtis Tucker, Estabrook Ripley & Co.. Inc. 5.65 Lynch, Pierce, Fenner Beane Corp. ... White, Securities R. Hornblower 180, W. 1 "___ Spencer G. Chace, 4.34 Trask & the the The Will on July 8 voted 325,188 shares company's assets at an estimated Henney Motor Co., Freeport, 111., to custom-built auto Henney bodies. firm West net & —V. above 180, 1.35 income to 21,931 in favor price of manufacturers share, per will become effective as stockholders Reo Jr., President, snid. of Aug. 31, 1954. 159. offered The June on 1,190.000 25 at net cents proceeds of share per to are filed 28 shares be letter a of through Teden used to notification stock common (par & Co., expenses pay five \yith cents) Resort Management, Inc., July on 6 filed SEC covering 1,500 shares of 8% The net proceeds are to be used There will be Inc., to mining Hot Springs, Ark—Files— date' Robertshaw-Fulton has a company acquired long-term The ture the of a on July modern lease, and announcement certain of a letter of notification ' The new assemble The in the plans plant requires new plant in to start that the the operations late decision in in to The of of that so for paper building contains to this was it 30.000 square feet of of 122 Textile CIO the agreement an for Union resumption Workers temporary the Miss., the than more additional 30- three corporation in June " decided to close its Yonkers ana concentrate production at its new facilities in and Philadelphia, Pa. A strike by union members Yonkers the mill for rates wage six weeks, after labor of of breakdown a would which contract loads work and employees. most '/ • Soil Builders International Uorp.—Stock Offered— water 250 of plant's - the capacity 200 of poration expended mately for of the value) $74,000 be products new to used under reduce development. will the Of be Approximately $65,000 will be to manufacture nitrophosphate The balance of approxi¬ process a the of added company. the to in States 10 the which manufacturing funds general tons of Delaware in of the a builders, and company The plant is located in Clarksville, Tenn. calcium 500,000 tons of part of the product Glorion. This manufacture of approximately 2,500,000 component the for Glorion. CAPITALIZATION GIVING EFFECT TO FINANCING PRESENT Authorized stock Common —V. 1954 8, .. Canada. necessary, sufficient is April on engaging company's property is approximately is amount incorporated company been approximately to purposes. was soil '. is engaged in manufacture and sale of electric capacitors, electric time switches and tons 40 for principally in the business of manufacturing conditioners and fertilizers. The corporation is the manufacturer, under a secret process, of "Glorion," a plant food, fertilizer and soil builder with distribution of selling loanis. current" bank of patents company company purpose On being sold to obtain permanent capital requirements of the company's continuing from plant. nitrogen piloting the and July 13 par plant Tennessee liquid a for under general The are the per day through the construction of additional storage ca¬ purchase of new equipment, modern bagging units and incor¬ products capacity.— on York stock tons pacity, daily, tons former 33 West 42nd St., New 100,000 shares of common at Of net /proceeds, $11,000 will be repaid to S. Spencer Grean, Presi¬ dent, who has advanced that sum immediately prior to and after the incorporation of the company in order to expedite its operations prior to securing funds through this offering. Such advances were made in part payment for the purchase of the Tennessee plant, purchase of raw materials, and working capital. Approximately $70,000 will be used for the purchase of additional raw materials and to increase supply capacity Pensacola offices with July 7 publicly offered at $3 per share. on centst) 10 ' can ' corporation, Yh N. (par broad a 179, (par centsn.-—— 10 Outstanding 250,000 shs. 300,000 shs. 2251. p. , Exchange 1953 the and Midwest the Exchange. Stock had "net sales company $1,967,623.EFFECT and V PRESENT TO maturing in installments (Until ,1968_.L_- Southern FINANCING - Outstanding ' , to issue $55,000,000 of 35-year debentures to be dated Sept. 1, 1954. The issue will be offered for sale at competitive bidding. The company also announced its in¬ tention to retire in October $30,000,000 of 3%% debentures due in 1977. The decision to issue the new debentures, said Fred J. Turner, Presi¬ dent, Bids July plans 14 meet to the continuing demand telephone for service in the South. 3,500,000 on occasioned by the need for capital funds to provide telephone was $3,625,000 5,500,000 — Co.—Plans to Telegraph & - announced company facilities $3,625,000 Bell Telephone Sell Debentures— The $37,037,072 of - GIVING - shares ($10 value) par. the on the to 50,000 shs. issue new effective date scheduled are of to registration a Securities and Exchange None 800,000 shs. -i__ be opened statement on to Aug. 25, subject filed be with the Commission.—V. 179, p. 2601. 800,000 shs. New York rate maximum Trust of shares common subject Co., to minimum a Hornblower C. A. to be names of the underwriters purchased by each Weeks & Allyn & of the are number follows: as Southern California Edison Co.—Plans Bond Sale— Forgan 6,500 & Merrill • Co._l 6,500 ^ S. 6,500 Moseley 179, p. & Co 2811. — ' Inc.— 3,600 (Inc.) 3,600 G. & Hayden, Stone -3,600 & Co Lee Higginson Corp.^_— > - 6,500 3,600 Co.— Co. A. Becker & 3,600 6,500 Lester. 6,500' G, H. Walker & Co ' - - This by and Lines, Inc.—Buys Own 3,600 railroads the The Texas & includes purchase trustee of the Missouri Pacific Ry. 132,990 Pacific RR. shares Co., and | the year, Canadian will floor space . The stack Seatrain cus¬ and was owns road freight Gulf of cars and to operates key Guy A. 132,930 shares per share, ' steamships designed to carry rail¬ along the Eastern Seaboard and the six points Mexico. ' if future Prior shares to the above stock outstanding.—V. purchase, 170, p. 2229. acquisition, there are were to expected to provide substantially all out the company's 1954 budget for its associates Co. common sell at com¬ of the fum's construction and stock 1,344,021 Co., on Offered—Bacha Inc.—Stock July (par $2) at a 156,250 share i price of S9.50. The offer* 16 offered irig marks the first public distribution of shares of th«a company. PROCEEDS—The shares do not constitute new pany are company being sold None of gravel sale of Southern in the management positions which is engaged in they now occupy. the production and sale of sai d from Lighterage Crop., which leases marine equipment to the com¬ for use in lighterage activities. the EARNINGS—For $8,750,357, $701,228, 31, on the natural deposits and the preparation, delivery a I ready-mixed concrete. It has one subsidiary, wholly owned, and pany financing by the coi \- behalf of certain officers and directors t proceeds from the sale will accrue to too The officers who propose to sell their stock will remain witn but company. company. Co. acquired at $14 plans , Materials Southern - heater fields. thatTt 179, p. 2601. EUSINESS—Company from reported mortgage carry & Stock— purchased about 20%. of its outstanding stock from July 8, according to David M. Brush, Vice-President on Treasurer. to of the ) corporation Thompson, stock, program.—V. the Seatrain 10 bidding, refunding qommon 3,600 Ryons & Co.: July on probably on Aug. 25, 1954, $30,000,000 of its fir^fc bonds.*" ' The proceeds from this issue, together with approximately $2 ,670,000 received in March, 1954 from the sale of 600,000 shares of its 6,500. Whipple company petitive and & & Co Central Republic Co. ' Pierce, Fen- Beane——1 Jackson — Barney Bacon, 6,500 Brotners Lynch, & ner Webber, Curtis Smith, Kidder, Peabody & Co Lei.man Paine, 6,500 Noonan ! Glore, two manufac¬ dictated The necessary Shares 16,300 Co., Inc Bretscher and 3% rate and 3»/2% "per annum. Shares on area summer. allow doubling of Its present size, it. The closed 18, construction major, parts; four bleaching a the the for UNDERWRITERS—The subsidiary undertake Canada space Local option for renewal for not an periods. had will * Currept bank borrowings for working capital purposes are evidenced i80-day' notes issued under the company's credit agreement with banks which expires Dec. 29, 1955. The interest rate on such notes is equal to >/4 of 1% in excess of the prime commercial rate from and and have'.signed Greenville, certain —V. industry. water heater will and stores 35 p.; 1671. by F. - Toronto which was formed earlier in thermostatic controls for range, of total a 178, the at plant permanently $5,000,- Canada— Canadian manufacture kitchen sufficient additional land need its company's products subsidiary, and Co.—Plant announced manufacturing stated the the . _ Controls 13 with cumulative preferred stock (par $100). expanding needs of Canadian tomers kraft of increased bank Common tb acquire additional resort properties. S This has be York. New incident underwriting. no day ; will Stock of note Dixon corporation Center Kraft grades plant, shares- and Inc. The for > • triple the to operations. * Pensacola borrowings-— Preferred shares,'($50 par. value), issu; able in series— .' of corporation covering Gil¬ of Long of purchase liabilities. Joseph S. Sherer, of Hicksville, recently-closed Yonkers, N. Y., mill. ■ .The agreement will permit the company to complete work in process and to dismantle equipment. The agreement is to run for 30 days from July 12, with the company Bank" is 1953, September, Authorized Current a The initiated was : Republic Uranium Corp., Moab, Utah—Files With SEC BEC which werklng capital York New 1.35 Tyson & contain cars.—V. 2,500 corporation America work , Reo's assume transaction p. of of / an CAPITALIZATION r. - will receive about $30 The charge, National Chase 1726. p. 'consisted ,; $2,000,000 EARNINGS—In * stockholders $16,500,000 The 2-for-l 3.34 Whiteside, Winslow, Inc Townsend, Dabney 99. the 29., dividends have been paid in each year since with quarterly payments of 37r/2C per share "prevailing since the stock split in May, 1951. The outstanding shares are listed«on 1936, 3.34 Co._ Walker & Co. H. 25-acre corner DIVIDENDS—Cash 4.34 3.34 _ Reo Motors, Inc.—Sale Approved— selling 2708. '. business from The obtained. be may ~ plant than more p. meet 37/#% of share three each - 5.00 Co. Weeks & p. for $1 exchanged/ without June the of program BUSINESS—The 4.34 Co, Corp, !!____ 3.34 3.34 Pressprich & Co 5.65 & & Higginson 5.65 - Weld Ira Haupt & Co.— —V. Lee 5.65 _ Webster & of recording, speedometers. Since 1941 it also has special products for the Department of Defense, & Anthony & Co. will Center parking, for -This "the St. Regis Kraft Center in Pensacola, Fla. bleaching PROCEEDS—The . 4.34 Jackson _ Harriman Stone be unbleached electric watthour meters, 4.34 — Merrill & is proceeds, % 10.00 Inc. Sachs flexibility bleach new defense .. % BUrr. for Sangamo Electric .Co.r—Stock Offered—Hornblower & to following stock the (Alexander) Smith, Inc.—To Reopen Mill— . " First Boston Corp.— Kidder, Peabody & Co & 50- exchange underwriting group which offered publicly 100,000 common shares ($10 at $25 per share. » severally - The Coffin * new the of issuable .in payment 179, program,- Weeks headed ' have at negotiated by the Harry Thoens Corp., agent for representing Singer, in¬ the Plainview provide the in Irving Berger, Stanley L. Groskin Co., feet of space with full basement. the subject to certain below and volves 2,700 _ at $100 company shares - " but named center by New the completion of an approximately announces bleached and '"<■ • ■; 179, (. Space— sewing a completion " t The long-term lease, Co.—Completes Expansion Program— program at expansion which ■ underwriters the from percentages company; unlimited is / . issuance be 100-Guilder started exchange.—V. five-stage a V, 2,478,094 shs. r, for nearing * expansion The 75,000 shs. 5,000.000 shs. n of bonds Issuable ' ;/'• . UNDERWRITERS—The .\f .,' v Co.—Leases space Mascioli, Joseph Island, N. Y. the ^center, facilities, a screen room extension to increase screening capacity; and moderniza¬ tion of the No. 1 paper machine for the production of bleached Fourdrinier grades. The new bleaching plant is located on-the No. 1 pulp mill site in the area east of the present bleaching plant. inq.noo shs. . and leased Center., owner-builders, Oyster Bay and Woodbury Reads, northeast South 300,000 shs. series— .Common will, Upon then may shares company The ^ $28,587,440 $27,723,287 ' approved shares one variety of uses, of 2,247,658 series 4.50% value) par of the produce Outstanding $2,247,658 _ share increase-the- $48,100,000 —_____ note Preferred The This FINANCING Authorized with shares. 600'expansion 31, 1954 the company income of $2,833,229. net and comply * also time new St. Regis Paper ■ . Shopping Tilles bert This •'r 1954—16 Weeks—1953 $5,423,082 179, p. 2811. communities ".ac- - months of revenues CAPITALIZATION * • ■ $5,290,007 has company Plainview The amended has company to * ■; that The surrendered, Exchange New $0.19 2708. —V. about 83% of the population of the state. It also Sells to 11 other utilities and to g smfill towns in Vermont and 3 in Maine. The company also provides bus service between Manchester N. --1954—4 Weeks—1953 _L—— p. two shares 50-Guilder for Goffstown, v- • at shares. 100-Guilder electricity and End. June 26— 179, —V. preferred $5,315,000, and the balance for part borrowings now amounting to $4,500,000 in¬ financing and for other corporate purposes. ? $0.20 — reclassified short-term 102,40o $94,522 • have will issue new cumulative : The of BUSINESS—The company, and Hampshire Electric Co., provide • 5.40% share— common 2374, p. 110,498 negotiations over B>new company-proposed 15, $196,922 $101,999 ! New .r stock ! holding from Aug. — federal income taxes- per 179, 2,810 $212,497 c taxes 100-»Guilder (bearer-shares. 1969. <be 5,514 income presently outstanding 1,000-Guilder par shares on the basis of 20 new for one old, and for 100-Guilder par shares on the basis of two for one. charge will be made for these exchanges at the office of the Chase National Bank, the company's agent, in New York City. The so-called New York shares of Royal Dutch are represented by ($100 after the association No York preferred new 104J/2 Exchange, -of _ Exchange., par for Period ** -the on articles its 173,108 $194,112 expenses— — Federal Singer Sewing Machine disclosure and participation in the affairs of his company. { amendments: were approved by the company's shareholders at meeting on June 16, following discussions in Holland between the company's "officers and repersentatives of the New York Stqck T \ at 902,686 191,390 $206,983 earnings—* The two to the the of a share). per ' 1,082,246 administrative and profit before Sales. The ( of-<&ew cumulative —V. to-full body & Co. jointly headed an investment group which on July 14 offered publicly 75,000 shares of 4.50% divi¬ - . 1953 $1,269,900 York Exchange tradition and policy concerning" the stockholder's right Stock Hampshire— Preferred ^ Stock Offered—The FirsUBoston Corp. and Kidder, Peav;, 1954 —— Shoe Corp. of America—Current Sales Off— one * „ listing ; substantially 231 Co., to lathes two $1,480,619 ' - — income———; Earnings no United States dollars, and will be issuable in exchange outstanding. '■ V v / the Royal Dutch stock will be inaugurated tomorrow Shareholders Public general, Net - $8,939,780 Exchange- for listing of 24,327,321 will shares dividends of believed The company has called for redemption on Aug. 9, next, all of its outstanding shares of 4.90% cumulative preferred stock (par $25) at $26.25 per share, plus accrued dividends. Immediate payment will at first the the as . 1954—6 Mos.—1953 $1,656,117 enterprises York , made from end * • on f In seeking be for opposite ends of the shafts. " - Provision Stores, Inc.—Sales— announced waS New Public Service Co. of Indiana, fne.—Calls Preferred— v camshafts end the May 31— saleS-—"—i Operating Royal Dutch Petroleum Co.—To Be Listed— " It largest a in capacity being larger than those of Pronto. reserves "Times.")—V. far so intends* to build day, its a not are Ended —- Selling, (con¬ will There ^ 41954—Month—1953 . Algom company the of Products, Inc.—Sales and Earnings Up— the with ~ that for auto¬ machine, The 2708. p. Profit debentures proceeds net working ' v 25-€ent & 179, p. 2708. The 1955. all owns notification of convertible ''' ■ . letter a 6% 15-year 16,-1964.) loans ■. J—1 Cana¬ into spur — —V. i Pronto construction July short-term Period End. June 30— contract. a to filed 29 of '' • Ry. Pronto capacity has. prior Rose's 5-10- .,C must government sinking already Pacific mine. the Sales Pearson, company, by law, sell their ore through the government's purcha.ing agent,, the Eldorado Mining Co., which itself is a big producer. Pronto Mines is now the third sizable organi¬ zation transfer they are turned machine surfaces on to Months Three Other June on $200,000 underwriting. dis¬ " ' agreement with another also under negotiation., producers 179, the machine up Sherman of the subsidiary. Rockland Electric plans reimburse its parent for funds which have been to corporation repay • an was —V. 179, p. 2811". covering vertible other recently v Mr. . SEC of 5. this by shore machine new automobiles. -.stock Rolock, Inc., Fairfield, Conn.—Files With SEC— The uranium buy north agreements learned was government's was External for it contract a Algoma area, ithe of uranium Minister has negotiating companies in the disclosure second tooled Ltd., new a for • Mines, Toronto, Ont., Canada —-Contract Signed With Canadian Government— from the Cost-of that Rockland Light presently asys common advanced.—V. Pronto ', During manpower. common securities,'the application states. own outstanding 402. p. camshafts N. Y„ is composed of two Lo-swing lathes coupled witn automation equipment which unloads and loads the lathes and transfers the camshafts from one lathe to the other without the use of , Big Valley portable gas plant, and necessitated the importation of higher cost propane. In addition, problems created by the acquisition of two marketing facilities were of demonstrated 14 built by Seneca Falls, for marketing subsidiary, Stewart Petroleums Ltd., were $1,775,252 for the first full year of operation, against operating expenses of $1,912,950, resulting in a net loss of $137,698 due primarily to adverse weather Inc. on July manufacturing company matically are stock, having a total par value of $1,050,000, from its subsidiary, Rockland Electric Co. Rockland Light would pay $1,050,000 in cash fpr the stock. Funds to pay for the stock would be obtained by Rockland Light from the Canada, This (.', - Rockland Light & Power Co.—Increases Investment— V This of Seneca Falls Machine Co.:—New Development— A was $2,500,000 new on-a plants are located at Youngwood and Knoxville,. Tenn_; Bridgeport, Conn.; St. Louis, Mo.; and Philadelphia, Pa.—V. 179, p. 2145. Pa.; Lynwood, Calif., capital. Progas this Robertshaw-Fulton Scottdale, ... Proceeds from the financing will be applied to completion of Progas' two propane plants which have exceeded original construction estimates *\ Beach, Indiana,- s common ( which the' company's recently, .and construction-is proceeding mines Stock to the Canadian of program addition Consolidated of 13 (257) 1953, and or net $1.12 net sales cents per common ended May 31, 1954 net sales w. > after Federal and State income taxes war share. For the fiscal year ended J $7,206,149 and net profit was $428,630, or ^ J year profit per common were share. I Continued on Dase 53) 14 Vi, DIVIDENDS Name of Company Hahn indicate all the dividends an¬ Then we follow with second table in which we show the payments previ¬ tables. first In the ft Appliance Electric Aluminium, Ltd. (quar.) Business American _ American News American 6% Co. 1 7-30 2 7-20 Hotel 4 7-31 Household Finance 7-23 preferred American iquar.)___ Coast Line Atlantic Coast — 5% Corp., Beneficial Corp. $3.25 & Blue Ribbon Co. Blumenthal (Sidneyi omitted common Blauner's this at (Phila.) (From Insurance Bradley (Milton) 7% 4% pfd. 8-16 9- 1 8-11 McCord $1 7-31 7-23 50c 8-16 8- Inc., Co. 87 >/2c __ & Corp., Ohio pfd. Delta Air Lines Divco com. Mills, (quar.) 7-26 8-10 8-10 Common 7-23 7-15 $5.50 (quar.) , Dobbs Houses, Inc. (quar. )__i__ Two International, additional Inc. shares Dryden Paper Co. (stock for each 8-16 $1.06'A 8- 2 preferred Fanner Mfg. convertible 5>/2% United Bros. 5%% Frieman (A. 4%% Fulton J.), preferred (R. 4'/2% Gabriel Co., 5% $3.50 Shoe 7-31 7-23 New 8-31 8-14 New Process York Air New York Fire 8-16 7-14 6-30 9- 8-13 1 1 Co., 7-26 1 7-26 9- 1 8-16 8- 2 7-15 8-16 8- 2 8-16 8- 2 8- 2 7-16 8-20 7-30 8-18 8-30 8-18 7-15 7- Co. & (quar.)__ (quar.) Co. sale Gulf Gulf of Power, Co. 4.64% non-cum. Peoples Y.) <s-a) 54c profits (quar.) Quarterly Hagerstown Gas (quar.) N. Y.) Scale 7-26 Portsmouth 1 7-23 Procter $$1.12% $$1.12'/2 8- 1 7-23 Fublic 8- 2 7-15 8- 2 7-15 8-17 8- 2 7-26 8-16 8- 1 7-15 8-1 7-15 7-22 7-19 8-16 8- 9-10 8-27 9- 1 8-16 8- 2 7-21 1 9-17 8- 1 7-20 9- 1 8-10 9-1 Steel 8- 6 1 8- 6 9-30 Service (entire Aug. Ltd. of at $26.25 per shr. 9 quar.) Indiana for Puritan Fund, 4.90% Co. Insurance Co. 7-21 7-20 Riverside 1 7-20 Roan 8- 2 7-21 9-10 8-30 37'/2c 8-16 7-26 34%c 8-16 7-26 8-16 7-26 8-16 7-26 8-16 7-26 8-16 7-26 8-20 8- 25c 8- 2 7-20 7-30 15c $12 '/2e 1 7-13 20c 7-16 9-10 8-26 9-10 8-26 9- 1 9- 1 8-26 Security 9-15 8-20 Sierra Scotten 6% 17'/2c Dillon Bend 7-29 7-20 Southern 7- Southwestern 1 9-15 class A 9-20 7-22 1 7-1 8- 2 7-16 1 8-16 8-14 7-23 9- preferred Stock 7-16 $15c 8- 1 7-23 8- 1 7-20 7-26 9-15 8-13 50c 8- 8- 6 2 8- 9 7-23 (N. com. H.) (quar.) (quar.) Weaving Works $5 1st 9- 1 8- 3 Spencer, $50c 12- 1 11- 1 Stange 17'/2c 8- 1 8-14 7-30 8- 2 7-16 8- 2 7-20 8- 2 9- 3 7-27 8-31 8-16 45c 50c (quar.) 7-20 (s-a) (quar.) Kellogg & Son (William J.) Sterling Engine Co., .i 7-31 8- 7-31 $1.25 8- 6 quar.) 7-15 6-30 conv. pfd. (quar.)_ 30c 9-10 8-13 25c (increased Co. 5% 7-24 8-16 $1 (quar.) com. 2 30c 80c Co. Drug, preferred 1 40c 50c $1.50 (quar.) (increased quar.) Lathe 7-30 11- 30c (quar.)_— Co. 8-15 11-15 8- 2 7-15 7-16 7- 6 12'/2c 8-20 8- 1 7-15 8- 2 7-16 8- 6 6-29 7-20 6-22 8-13 7-23 10c v, 1 9- 1 8- 1 7-17 8- 2 7-15 50c Co. 9-15 1 8-15 7-27 7-12 20% 2 7-20 8-10 7-23 25c & (quar.)_. Casualty Products 6% Co.. Insur. Co. preferred 50c 8- 3 85c 8- 2 ' (s-a) (monthly) Corp. (Newark, com. N. J.) 20c — pfd._ non-cum Co., , 7-22 $1.50 10-15 7-21 8- 2 7-23 10- 2 7-14 7- 9 1 60c (quar.) 10- 1 9- 35c (s-a) 8- 2 7-20 $1.25 8- 2 7-20 $1.12% (quar.) Ltd. 9- 1 8-20 Co., preferred (quar.) Motorists Insurance Co. (Chicago) 6c 8- 3 50c 8- 2 7-15 37%C 8- 2 7-15 Quarterly American Natural Gas Co., com. (quar.) 6% preferred (quar.) American Paper Goods preferred preferred $1.75 9-15 9- »1 75 12-15 12- 7-30 7-16 50c 9-15 9- 1 50c 9-15 9- 1 $1 9-15 9- 1 $1.18% (reduced) Corp. 9-15 9- 1 (quar.) (quar.) (quar.) A 5% non-cum. preferred Standard & $1.25 Sanitary 9-20 9-10 12-20 12-10 Corp. 25c (quar.) preferred 1 $1.25 (quar.). (quar.) preferred non-cum. Radiator 1 & Chemical— Potash preferred 7-31 12 '/2C (quar.) (quar.) Phfenolic $4.75 preferred B (quar.) American President Lines, Ltd.— 7% 7-22 12'/2C American-Marietta Amer. 6-25 8-16 (Orlando, Fla.)— Common B 6-25 7-20 35c Fire Co. 7-20 25c (quar.) Distilling Co. (quar.) 1 Equitable Assurance (N. Y.) A 7-19 2 8- Theatres American Class 9- 8- 40c American Class 4 10-1 50c (qua?:.) Can American 8- 8-25 (quar.) preferred American 8- 6 50c American Metal / . 62'AC Broadcasting-Paramount 5% 8- « 9- 12 '/2c (quar.) stockholders July 6)_ American Ice 9-15 $25c (quar.)_ (quar.) Board Home 8-20 1 10% Co. American 9-10 10- Co. on American 7-23 40c dividend American 12-20 8-17 $1.25 Insurance Box 5% 1-3-55 93 %c (quar.)_ com. by Common 9-15 $3 14C $$1.32 (approved Book 1 10- $2.50 — preferred Corp. (quar.) American $4 8- 2 9-10 net (quar.) dividend American 7-24 9-10 1 9-15 Ltd.- special meeting held Stock 7% 8- 9 14c com Power, from 5% Automobile American 7% 24c 1 10- 50c (quarterly 5% (accum.) Extra -$50c 7-15 Co. Insurance Pacific 7-15 10- 6 8- 14c preferred South $1.16 5% American 4%% 35c Transit, Skelly Oil Co. 9 8- 10- 100% div) Canada, Sugar, American 8- 7-30 1 1 3- 1 27Y2c (accum.) (quar.) preferred (quar.) 2nd 7-15 9- 12- Inc.— preferred 1st Common 2 7-31 7-16 75c (quar.) Cement Co., Antonio 8- 8-16 4 Antelope Copper Mines, Ltd.— American shares San of Aggregates, (Dayton Ohio)— Common 7-21 Co. American 35c 1 1 Aluminum 2 9-15 / $ 30c $$1.25 Radio Corp. (quar.) Canton & Voungstown RR.— 7-12 7-19 8- 1 $12 %c preferred •' (s-a) Allegheny & Western Ry. guaranteed (s-a)_ Allied Control Co., Inc., 7% preferred (s-a)_ Aluminum Co. of America, com. (quar.) $3.75 preferred (quar.). 2 8-13 1 5c Petroleum 1 1 3- Ltd.— 5% 4% 12- 3-15-55 $1.75 3-15-55 Refineries, Inc. Amerada 37'/2c (quar.)_ class A .____ Quarterly 2 2 Akron, 9- 12-15 12-15 (quar.) (stock 7-30 37c (quar.) Reliable Fire Corp. Fund, 7-15 7-27 9-15 $1.75 income) Aircraft 7-15 2 $1.75 . preferred Fund 2 8- 8-15 $1.75 __^ (quar.) 8-16 8- 2 profits) — Amalgamated 9- not (quar.)_ preferred Adams-Millis 8- $1 7oc 75c Acme Aluminum Alloys, Affiliated 6-25 75C Sugar A conv. 7-30 $12 %c (quar.) (quar.) class Holden 75c 9-10 on Inc 8- 7- Acadia-Atlantic $1.10 When Payable of Reo. (quar.) (quar.) (quar.) 7-30 pfd. redemption plus this divid.) Quinte Milk Products, Ltd., Randall 8-13 (Buffalo Corp. com. surplus 8-16 15c 75c (quar.) called 1 1 8-10 9- 50c 9-30 8- Ltd. $1.50 pfd._ on July Insurance 8c $40c (quar.) (increased Co. issue 8- 8- 9-10 65c (initial).. (quar.)_ Associates, Corp. 8- 4 6 1 9- 10c Gamble & $1.25 7-15 8- -9- 25c Corp. Richfield Oil Corp. 9- 2 10- 9-17 9-15 7% 5% 15c Amer. 9- redemption preferred (quar.) preferred (quar.) preferred (quar.) 7-26 — Ltd.— deposit rets, for ord. shares (final) 79c preferred (Bklyn., Co., new com. & 7-20 50c preferred (quar.) 8-10 90c (s-a) Co. Johnson 2 20c American (quar.) (quar.) Petroleum Pinchin, 10-15 8-16 8- week, these being given in the Co., for 7% $1.20 50c . pfd. 9- 1 4c share plus dividend (From Common 40c 50c Gypsum Lime & Alabastine of Canada, Ltd.— Quarterly — Extra Phillips 2 the (quar.) (quar.).— (quar.) Bank Cement Permutit Co. 8- 1 Special 7-23 30c pfd. (Keene, N. H.) (Phila.)— conv. 10-31 (from invest, inc.) (quar.) 7-23 67'/2c Corp Co. National 8- $2 on 6% 7-23 8-2 Share Industries Inc., 7-30 31'Ac 31'Ac 31 'Ac (s-a)__ Quarterly Permanente 7'/2c 45c securities) Insurance Motors Investment Pneumatic 1 F. 1 50c (quar.) Peerless Casualty Co. $4 called per Title & Y.) C. 8- 40c Pioneer Petroleum 62'/2c ___ and Paramount Penn 7-20 9- 7- 6 15c preferred T-20 Amer.— Indemnity (quar.) Co., Ltd., cLss A (quar.!__ Industry Shares, Inc. (25 c from income preferred 1st 1 $1.75 . of American investment 1st 1 62'/2c West Coal Growth 5% 4.80% 8- 10- N. 8-1 50c — pfd. (quar.) pfd. A (quar.) 1st 8- 25c ___ (N. 1st redeemable 87'/2c Insurance Grace National Bank redeemable 5% $1.27 '/2 $1.27V2 preferred (quar.) (quar.) 32'/2c 12'/2c _______ Great preferred 14c (quar.) Semi-annual Great 5'/2 % 9-17 10c Abstract A. 5%% (quar.) Electric, 1 (quar.) (quar.) Republic & 10- (quar.) Georgia RR. & Eanking Globe Gas 62'/2c ' Gillette Pacific 8-20 $1.75 common Co. 7-23 8-15 9-1 90c common 8-15 $1.50 Co., this Paper & issue 30 at $25 8-15 15c . (quar.) 8-13 .4 Power Above at Co. $12'/2c (quar.) (quar.) Insurance Co. Can 8-13 56'Ac 7-15 $15c ;. 1 (quar.)__ preferred 8 9 Canada, Storage Warehouse 1 (quar.) common Corp., 8-30 7-31 Series: Brake 7-14 8- 15c 34%c 37'Ac give the dividends announced in previous paid. The list does not include divi¬ we: 9c 9- (quar.) 2 5% 9-15 (quar.) 9- $15c Co Pacific 87 '/2c common of / ! 0.215625 i. Co. series Bedford 2 27'Ac Name of Company 7-21 1 25c (quar.) series 9- :___ 2 40c (quar.) Co. Securities 25c common preferred Waterworks. 5% 5.10% 7-15 8- 55c common preferred preferred General 8-13 National $1.12 »/2 common (quar.)_. (quar.) Co., preferred General Preferred 68 %c (quar.) E.) Cigar 8-20 $2 (quar.)____ Corp., Securities, convertible General 6 62'/2c <______ Ltd., preferred Funsten 9- 2% 810- 62'/2c dividend Stock 12'/2c (quar.) prior pfd. Machine Stock 7-30 9-1 50c Co.__ Industrial $3.50 7% & 8-10 Radiator 6-30 Per 3 $10c National 7-20 7-23 7-15 (quar.) (quar.) Co. announced 30c (quar.) preferred conv. 7-30 (quar.)__ . Co. Co. 8- 2 preceding table. 35c (quar.)_ (quar.) Inc. Chemical & common 60c 5% Corp Gear' & Drug. 8-14 9- (quar.)__ preferred convertible preferred Bros. 8-27 15c preferred Flagg-Utica Corp., 5% Foote 8-31 7-15 8-31 Association of Philadelphia iquar.) Firestone Tire & Rubber, 4'/2 % pfd. <quar.)_ Fitzsimmons Stores, Ltd., class A (quar.)____ Fownes 9-10 $1.25 dividend) 8- dends Advisers Morgan Engineering Co., com. $2.50 prior pfd. (quar.) Mount Hope Bridge New Fire , 1 15c (stock (Bait.) (quar.) Fibres, (quar.) 3 9- 1 Below $1.25 (quar.)__: Automotive W.) 7-20 31'Ac weeks and not yet 35c (quar.) (quar.) Insurance pfd. °-15 8c convertible Federal 8- -.////V/ com. Life partic 15c (reduced) Fedders-Quigan Corp., $3 $1 Co 8- 7-30 (quar.) National ] preferred com. pfd. $17'/a c dividend Brothers 5% 9 1% Co. Stock Farmer 8-17 9-15 1 9- 8-15 Extra (quar.) 8-31 9-30 Moody's Investors Service— Ltd., ______ 60c 7-31 75c 2nd Corp., prior National Eppens Smith Co. is-al Equitable Credit Corp., 50c preferred (quar.) 8-31 T% Mississippi Valley Public Service, com. (quar.) 5% preferred (quar.)— 25c 7-15 30c 7-15 quar.) (F. (Rudolph) 10c 2 $1.18% (initial Wurlitzer 40c 8- (quar.i Woolworth 7-15 2 37V2c $6c share held 1 2 $1.37'/2 (quar.) Minneapolis Gas Co. ~40c preferred (quar. Empire Southern Gas— • convertible Maid Monumental 4%% common preferred 9-16 8- dividend) pfd. Investment 7-20 2 10c (quar.) preferred (quar.) 7% 1 (quar.)____ Empire District Electric, 5% New 1st Co. common Power 7-10 8- 2 8- 7-15 88- 8- omitted at this time. was 10- ; 9 15c (quar.) Co.— payment 35c Corp. Dunhill class A Common Minneapolis-Moline $1.60 30c 8- Inc., 7-20 $2.50 preferred Common $1.50 •____ 8-25 6% 3.60% Wisconsin Common 1 4Qc 9 25c (s-a) Minute (accum.) 8- Manufacturing Co.— 9-16 (quar.)__ 7-21 8-25 7- regular board $6 pfd. 2 7-31 Abitibi (quar.)__ 8-16 (quar,) Ltd. 8- 9-13 Electric Wisconsin Common 7- Gas, 1 7-20 7-14 Refining Corp., 8- Insurance Fire / 8- 2 40c .—. preferred (quar.) 2 15c Natural White's Auto Stores, 8- 8-13 Imperial Westchester 7-15 12'/2c 8-27 Oil 7-15 7-30 2 $20c Crvstal 7-30 " 8-13 34%c Maryland Ry., 7% 1st preferred Western Plywood, class B (quar.)^ 8- 1 8-16 5c Corp._—1 Holding 7-16 9- 10c Western 9-1 8-15 7-31 8- 2 40c (quar.)„ Co. (quar.) 7-30 2 8c gains) (quar.) (quar.) 8-16 9- 1 25c preferred 1 7-22 (quar.) 5% 7-22 7-22 7-22 8- 2 earned from capital & Fixture preferred 7-15 8- 30c & Telephone Co., com. (quar.) Light 10- 7-15 Paperboard Products Co. Western 2 9- 17 %c Westbrook-Thompson 7-24 7-15 2 1 be considered on the September quar¬ terly dividend usually declared in July)/: Continental Transportation Line£, Inc.— Quarterly 8-17 2 1 will 9 5'A% 10c 62'Ac (quar.) com. (3'Ac from 8-10 9- ; (quar.) 9-15 $1.31% $1.37'A Corp. 8- 2 Showcase 1 9-30 1 10- 45c Inc. 8-25 8-13 8- 2 9- 9-10 45c $1.06% : (quar.) (quar.) Petroleum 9- 9- V Weber (quar.)_ com. preferred 1 9- * 8-6 8-24 8-24 8-31 8-31 9- 1 7-30 1 50c 25c (quar.)__ 5% 4'Ac and income 9- 2 \ Warren 9- 9- • 7-15 8-13 1 10- action1 Value 8-16 1 8-1 10c Corp. preferred Line Fund, 8-31 9-9 (quar.) 5'A % 95c (quar.) IOC 16 5 8- 1 Michigan Central RR. 7'/2c Co. preferred bY*% 10- 8-2 the 9-1 7-12 10- $1.16' August 2 10- (quar.)__„_ on 8- 8-1 5% (quar.) Improvement Co., Transit, 96'Ac Co. Cos. Upper Peninsular Power Co., 97'/2c $1.08% $1.11 JA Electric— (At 2 Coal preferred (quar.) (quar.) 9-13 Fund__ Gas 4'A% (quar.) preferred held United 2 preferred 7-15 Stock 7-15 preferred (quar.) preefrred (quar.) 2 Congoleum-Nairn, Inc. 2 preferred 75c Commoil, Ltd. Electric 3.90% Miller (quar.)_ United 30c pfd. $1.12% $4.25 7-26 9-10 $1.06'A 3.80% 15c 7-21 8- 8-2 8-1 10c (quar.) 1 8- Co. Insurance (s-a) Edison 15c 91'Ac Amer. 4.35% 8- Cosmos Y.) (quar.)_ 8-20 Tobacco 7-21 3.85% $1.06 Corning (N. 9-15 9-15 9-15 7-20 7-20 7-9 7-9 (Ouar.) common 8-13 45c (quar.) Metropolitan 10- 1 8- 2 Trust Co., Ltd.— / deposit rets, for ord. reg. (interim) Tremont Building Trust Co. (quar.)__. 8-13 50c (quar.) Manufacturers & $1 ___ Securities 1 9- 1 (quar.)__ Cornell com. preferred 8-25 $1 (quar.) (quar.) Co., preferred 8-1 62'/2c (quar.) 10c Southern be Corp. 4'A% Merchants 9-15 10- 1 10- 1 (quar.) preferred (quar.) A preferred Finance 7 preferred to Mead com. 9-30 ____ 6% 3.65% Time 9- 4>A% meeting Corp., ' (quar.)_ 9-30 $25c (quar.) Co., Ltd. (quar.) Meyercord __ 10-15 $25c Oil preferred $2.50 $1 (monthly) 9-30 7-21 Co.—v __ 9-30 $15c $15c (quar.)— (quar.) 9-13 (quar.) 10-29 10- 8-10 4.65% Commonwealth B 9-15 8-5 8-16 18-16 8-25v / Ldt., class A $1.25 com. 5 10-15 11- $1 (quar.) Co., 9-30 ____________' Ltd. Columbus Class 4.45% (quar.) Pictures Grain $1.25 Coal preferred 1 11- 25c (quar.) com. pfd. preferred 9-1 9- 3 9- 1 9- 1 31'Ac $1 — preferred B (quar.) Thalhimer Brothers, Inc., common 10-15 9-20 10-1 $1 37'Ac 10c 4% 15c (quar.) 1__ 37'/2c 37'/2c 30c 26/gc 25c $1.25 Inc., 9-20 75c (quar.) 5 9-30 $2.50 Co. Chemical Co., Ltd.— 3 (quar.)__ 10-15 25c RR. (quar.) 8- 7-21 4% 7-23 7-23 7-23 8- 6 9-10 8-6 8- 2 8- 2 8- 2 13c Extra Textron, 5'A% Extra 8-13 ; (monthlyI Columbia Co. 9-1 (monthly) Breweries, Macmillian 9- 7-23 7-30 Co.— Louis Ry. (quar.) McColl-Frontenac 7-15 6 8- 25c Nashville & Corp. 3 8-13 9-20 15c (quar.) . Louisville 8- 37'/2C (quar.) Common Coast Theaters Boston Extra 1 8-2 8-25 40c (quar.) Louisville, Henderson & St. 5% preferred (s-a) 9- - Insurance conv. Loew's Corp. $$1.25 7-31 7-20 9-30 » (quar.) Gulf Sulphur Co. Texas 2 9-10 preferred 2nd 10c Savers 7-23 50c 4% Payable of Bee. Share 27»/2c Biscuits, Inc. (quar.) Oil, 6% pfd. (quar.) $1 Semi-annual 1 20c 8- (Brooklyn, N. Y.)—• Bank National 8- 1 7-15 —.___ Swan-Finch 40c 10c 20c (quar.) Telephone Corp. (quar.) McArthur 50c 1 Sunshine 25c (quar.) (reduced)— S.) McCabe (quar.)__ com., $1.75 35c 32'/2c 62'/2c (quar.) com. (quar.) 7-30 15c (quar.)__ Common 4J/2% (S. pfd. (quar.) Co., 7% Chemical, Rubber B.) 7-23 • Foods, (I. Crosse 5% (quar.)__ series) & preferred 1 (quar.i 1947 Cincinnati Milling Machine Co., Clinton Aluminum 8-16 (quar.) Virginia (quar.) preferred Harvester 8- (quar.i Y.) com. of preferred City T;t!e 8-24 7-15 $$1.25 5% preferred series A (quar.) Chicago Wilmington & Franklin 4% 1 1 Chicago & Eastern Illinois RR., com.__ Chicago Rock Island & Pacific RR.— Quarterly. 9- 7-26 60c 1st pfd. (N. and Corp. Common 70c 43 %c Chesapeake & Ohio Ry. 3'/2% 9-15 9- _ Corp., (1946 1 $72 '/2c $72'/2c (quar.) National Bank Chesapeake 10- 37'/2c' 5% A (year-er.d) Corp. Macco (quar.) Cherry-Burrell 8-11 Insurance— Central Electric & Gas Co. Chase 7-30 I 50c (quar.) Title preferred Corp. 1 9- 87 '/2c (quar.) 2nd 5% 9- $1 (quar.) Safeway Ltd., Carrier Kaiser 21c preferred (quar.i Canada Jervis Life . 8- State of Pennsylvania— the 50c Pacific Common 7-26 7-15 15c Co. Byron Jackson Co. California 9-16 8-14 8- Kresge Co (Charles) class L'Aiglon Aoparel, Inc. Bridge & Tank Co. of Canada, Ltd.— $2.90 pref. (quar.) Bruning dividend) (stock of Co. International La income)— Co. Water, Semi-annual 5% Borg-Warner Corp. com. (quar.) 3'/2% preferred (quar.) Boston Real Elstate Trust (quar.)__J 7-20 Vitamin 7-15 7-29 2 S. 9-15 8-13 10-15 8- (quar,) 2nd pfd. (quar.) conv. U. 2 10c 5'A% 10-30 preferred 4'A% 8-16 United 9-30 4- 8-16 8-31 8- 8- America— 8-31 9-1 Lafayette of 5 (quar.) preferred B (quar.) Sunray OH Corp., com. (quar.) 30c 10c 15). 11- , 6% income and 14c from security profits) nary was 11-15 preferred A 6% Potash Kleinert payment 8-10 S. 8-16 time). 9-10 1 U. 7-26 on income) investment (From (payment 1 9- 8-10 1 1 10- ♦ (lncr. quar.)— Holdera When Per of Company Gas Service, com. 8- 2 9-30 Name Suburban 9-1 2 50c .— 9-10 8-20 8- 81'Ac (quar.) 1 20c 8- $62 >/2c — / Holdert 10- 2% 60c (quar,) (quar.)_ When Payable of Reo. (quar.)_ Institutional Foundation Fund (16c from ordi¬ Zinc 9- payment deferred at Trust preferred 25c Inc.— investment Investment 4% Indianapolis 7-20 — pfd. (Common Ridge Mutual, Huttig Sash & Door Co. (quar.) Hygrade Food Products, 4% pfd. A 5% preferred B (initial) Idaho Power Co., common (quar.) 8-16 (quar.)__—_ Co. & meeting held on July Bond 9-13 —________ 5% and preferred omitted Blue 8-16 ___— . (quar.)—— (quar.)— Corp., Ltd., 8-13 $1.18% (quar.)— preferred Best (quar.) 7-13 6'/4C $1 $1.10 933Ac 50c $1 $2.29 55c $1 (quar.) 9-13 L_ (quar.) com. Beneficial Loan Corp., common .*•" 'preferred Illinois (quar.) Corp., common (quar.)— (quar.) preferred, 7-15 <accum.) Shoe S.) preferred preferred : ; 3%% $1.25 — (quar.) 4.40% 3 25c (quar.) Barbizon 4% $1.25 $15c 31'Ac 25c $1.12'/2 $2 60c 10% 5% 9- 1 9- preferred 7-15 $1.25 Conn, RR. (quar.) Machines, Inc.— pfd. prior (A. 4%% of 9-/15 37 '/2C Line Avildsen Tools & Beck Co. Holden Inc.— Wringer Co._____—-——__ Atlantic 2 8- 25c — 62'Ac dividend 8-20 9- 12c Co., (quar.) 8- 4c (bi-monthly) Works 5% B Hays Corp., (quarterly Fund-- Water Class (quar.) A 9- $5PC —_— Inc. quar.) (reduced com. class Co., Stock (quar.); —_______—— Mutual American Ltd., Cotton, Oil Per Share $25c $20c $22'/2c $$1.25 15c 15c preferred (quar.) Hancock 20c When Payable of Bee Corp Shares, from net income —'—1— . $10c Per Share Name of Company Agnew-Surpass Shoe Stores Ltd. 5% common (quar.) (initial)'(s-a) preferred (quar.) Holden Mfg., Ltd., class A (quar.)_ Holly Stores. 5% preferred (accum.) Hoover Co., common (quar.) 4'/2% preferred (quar.) ously announced, but which have not yet reached their payment date. Air-Way A Hamilton we nounced during the current week. Ltd., Brass, Class Dividend announcements are grouped in two separate ^ 1954 Financial Chronicle..,Monday, July 19, The Commercial and (258) $1.75 (quar.) 9-24 9- 1 9- 1 8-24 American Smelting & Refining— 1st preferred (quar.) American Thermos Bottle 7% American Viscose 5% $1.75 7- 8- 9 25c 8- 7-20 50c 8- 7-20 $1.25 8- $1.25 preferred (quar.). American $5 — 8- (quar.)— Corp., common (quar.) 7-2Q Zinc, Lead & Smelting Co.— prior preferred Anaconda Anderson Wire & (quar.) Cable Clayton & 75c 7-20 50c 8- $15c $56'Ac Co Co. 2 (quar.) 7- 9 7- 6 2 7-16 9- 1 8-10 8- 2 7- 9 Anglo-Canadian Telephone Co.— Class 4%% A (quar.) preferred (quar.) (Continued on^page 50) NumJber 5343... The Commercial and Financial Chronicle Volume 180 \ (259) ■■■ . . ; ■ Stock Record «» New York Stock Exchange DULY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES STOCKS Range for Previous Year 1953 39 Ys Sep 47% Jan 22 5 Jan 29 112 Jun 25 874 Sep 14 37/e Sep 15 10% July 3 6% Jan 23 30% Sep 14 99 NEW Range Since Jan. 1 Lowest Highest Lowest 41% Jun 106 Highest Jan 7 9% Jan 49% Apr 11572 Apr 20 11% Jan 29 19 8 872 July 5% Jan 7 4% Industries Inc ACF 49% May 25 32 29 85 % Mar 18 73% Jan 93 Feb 19 7% Dee 31 26% Jan 6 20% Jan 22% Apr 13 Acme 25% Sep 14 35% Jan 2 27% Jan 23% Dec 29 36% Feb 25 24 V* Jan 35% May 12 29% Jun 29 58 Jun 16 59% Jan 27 18% Dec 31 32% Jan 6 7% Sep 14 10% Mar 6 49 % Sep 3 52 Nov 10 22y4Oct 8 29% Jan 8 101 Oct 15 150 Jun 3 2 Sep 114% Jan 11 160 5 Mar 11 81 Jan July 14 18% May 7% Jan 24 72 July 15 9% Apr 2 49 547a Jun 25 27% Jun 7 Mar 22% Mar Feb 104 24 155% Feb 3 11174 July 16 167 May 5 Adams 10% 107a 87» 87t 8 74 25 x437i 43% '4.50% 10% 8% Shares 43% 10972 1072 10972 10% ♦1087a 1097a 1097a 109 7a 400 10% 10% 10% 10% 8,200 874 8% 8% 8% 87t 8% 7,400 4372 44 7,700 43% 43% 44 44% 44% 43% 44% 10,700 9072 90 90 90 74 90% 91 92 917a 91% 2,100 2274 21% 22 21% 21% 21% 22 21% 21% 5,800 34% 34% *2874 34% *28% 34"% 29 34% 34% 34% ' 35 3,100 28% 28% 287a " 287a 80 80 80 8074 4,200 23% 24% 23 7a 23% 61,900 9% 34,000 : 1, : No par 2974 797a 2iy8 80 80 80° 80 213/8 217a 21% 21% 872 8 74 8% 8 7a 53% 533/4 *53% 25% 26% 25% 100 *110 111 100 Vicksburg Ry 43 74 34% *28% common—No par pfd 1951 series & 110 44 43% 43 22 Co Reduction Inc Alabama 4472 x90 Addressograph-Multigraph Corp__10 Admiral Corp 1 Affiliated Gas Equipment com 1 $3 preferred w w 50 Air *108 74 109 109 107a Corp Adams-Millis 4374 the Week Friday July 16 10 Co— Express 4472 Sales for Thursday July 15 " 100 com preferred non-cum Steel 43% 2.50 Motors Co AFC-Brill ' Wednesday July 14 Tuesday July 13 July 12 100 1 Vending Corp—: Dec 44% July 15 5 preferred ABC 72 Jan Monday Par Laboratories Abbott HIGH SALE PRICES LOW AND STOCK YORK EXCHANGE 20 48 FOR EVERY LISTED ISSUE *165 167 11074 *165 34% 283% 54, 26 < 11074 8% *53% 81 23% 8% 54 *53% 54 *53% 25% 26 y4 267a 27 26 74 110% *165 167 k 8% 110 % 111 *165 167 ■ 8% 9% v 26% 14,700 11174 *165 168 20 54 . 11174 1107a 300 600 168 ' 70 3 Sep Feb~27 74 AuglO 14 5% Mar 25 14 4 3% Mar 25 Alaska Juneau 16% Jun 3% Apr 14 17% May 14 Aldens Inc 72 Jan 12 3% Jan 4 2% Jan * Mar 16 81 4% Feb 15 ' Feb 15 6 89% Feb 9 4 35% Apr 8 • 145 81 Aug 24 80 Jan 39 Jan 6 28% Jan 1 104 Feb 4 97 87% Sep 18 98 May 8 8% Oct 6 10% Mar 3 8% Jan 6 10% July 16 Allen 76% Jan 2 72% Jan 8 9672 Jun 29 Allied Mar 1872 Jan 20 3472 July 16 15 78 Oct 9 25% Sep 15 Sep 91 Jan - 62 Sep 17 Dec 29 22 Mar 26 24% Oct 28 33 Jan 15 Apr 27 May 4 92% Mar 11 16 157 Mar 104 1 Mar 31 97 26 Jun 47 37% Jan 18 35% Sep 21 40% Jan 3 Sep 22 94 Nov 4 90 Jan 97 July 14 41% Oct 14 59% Jan 2 45% Jan 60 72 July 15 Oct 8 118% Jan 2 93 % Jan 120 Sep 14 40 103 52% May 28 July 14 108% July 12 May~2i 43% Jan 4 62 4 9072 Jun 42% Apr 23 62 Dec 10 58% Jan 41% Apr 21 54% Jan 20 47 Jan 11 1% Jan 5 1% Dec 29 3 % Mar 24 30% Dec 24 36 % Mar 24 28 Apr 23 16 V* Jun 29 19% MaT 18 19 Jan 148% Oct Chemical 11 July 13 69 72 25 July 16 37a Feb 16 Feb 16 35 24% Mar 29 Allied Stores 4% Portland Aluminum Aluminium Cement 4 197 May 24 Jan 7 73 May 26 Amer 4 14 7a July 7 American Airlines 70% Dec 29 84% Feb 4 70% Jan 4 82 72 July 2 26% Sep 15 29% July 8 99 Dec 17 14% Nov 20% Feb 2 5 Jan 59 12 6 26% Mar 16 98 Feb 18 16% Jan 4 4 11% July 15 4 48 July 16 30 41 Mar 15 Jun 91 17 103 V* Feb 20 18 4 Jan 31 21 62 72 Jun Jan 27 40% Jan 96 Jun 15 104% Mar 5 472% 15 15% Mar 19 1472 Jan Sep 11 15% Mar 20 15 11 15 16% Jun 12 Jan 1674 Jan 4 12 4 11 23 44 7a Jan 4 46% Mar 10 26 2774 Jan 4 35 74 64 34% Jan 1 24 Dec 18 48 72 Jan 4 2 23% Dec 17 20% Jun 11 Sep 3 25% May 27 22 Jan 5 May 6 96% Mar 4 91 ''Jan 4 Jun 9 55% Jan 6 43% Mar 25 un 10 51 151 Jan 6 125% Apr 21 10574 Jun 30 39% Jan 15 5 31% Jan 8 6% 30 8% Jan 7 Oct 14 31% Jan 20 26% Jan 4 13 7» Jan 17% Feb 12% Nov 2 Feb 19 11 May 25 27% Jan 18 35 Dec 67 9 29 Aug 31 3 5% Mar 25 2% Jun 28 39 V* May 27 26 Jan 28 36% Jun 15 48% Dec 447a Jan 20 8% Dec 23 29 31 Nov 6 22% Jan 15 94 9 15 29 July 15 72 July 13 2372 Feb 28 Apr 93 July 10 26 7 50% July 15 138 July 15 11072 July 15 Amer Brake 31 Mar 18 58% July 16 7% May 17 Jun 28 Jan 14 100 Jun 25 17% Jan 4 July 16 21 American 7% 9 Amer 24% Mar 16 21% Feb 79% Jan 12 86% Dec 31 8472 Jan 4 15% Sep 16 19% Feb 2 17% Jan 11 24 Apr 27 72 Apr Mar 1 26% July 6 92 July 16 18% Jun 8 26% Feb 27 19% Jan 11 31 94% Jun 23 105% Feb 9 10072 Jan 20 107 13% Sep 15 18% Feb 2 Jan 4 17% July 15 19% Apr 7 22 7% Jan 5 7% Jun 22 Sep 14 31% Jun 18 42 Dec 20% Dec 31 37 Mar 27 29% Jan 5 11 15 36% Jan 30 15% Feb 4 148 11 171% Feb 6 6 Jan 2 16 6 4272 Jan 13 6 27% Jan 4 65% Jan 44 Jan 159% Jan 25% Sep 21 38 2 49 Sep 15 58 irj% Sep 14 134 May 12 Feb 19 16% July 30 14 161% Jan 5 277a Jan 2 Sep 11 94% Dec 17 Sep 11 89% Dec 7 13872 Feb 10 3774 Feb 15 17 *17% *177a 9 10% Mar 5 27 1574 Jan 4 May 5 23% July 14 71% May 4 93 66 3 95% Feb 5 12% Jan 4 97 6 73 45% Feb 26 4374 S3? 15 Feb 4 4 1972 Jun 1 Jun 1 28 4 40% July 12 4572 Jan 4 557a Jun 30 Jan 5 100 30 Jan 2972 Jan ' Jan 6 . 89 31% Dec 3 10 **or footnotes j Mar see page 26. 377a May 17 106 Feb 8 2% 27a 2% 23/4 700 *21% 22 14 80% 29 7a 297a *10072 10272 29 7a 29% 2974 *10072 1027a *1007a 102 7a 2472 24% 247a 617a 23% 2472 29 61 y2 11% 47 6172 32% 33% 40 978 *30% 14 1174 ' 36% 66 41% ^7a Jj 29 55/a 22 /4 24/8 26/4 ,, /8 20 872 48 1,000 333/8 5,000 98 98 97% 98 99 1,200 17% 17% 17% 177a 17% 17 74 1774 18 18 18 1,800 6 27,000 17 *17% 17% 17% 5% 5% 467a 47 74 16,200 4472 44% *44% 45.'' 447a 447a 2,400 35 7a 34% 3574 34% 35 64 7a 637a 63% 62 7a 627a *22/2 22% *22% 22% *22 74 22 7a 1,200 26% 26% 26% 26% 26 7a 263/4 2,400 3772 70 *9172 48 Vb *133 108% 40 74 9 74 *30% 14 1072 3774 68 2 /a 3 57 56 % i!;" 98 /a 100 8 22 /4 25 k * 1067a 107% 15 15% *9678 96% 2674 26% 88 89 26 A 26 A 17/4 17 17 A 21A 20 2iy4 98 A 22 A 25 Va *106% 15/a *967a 26% 88 26 A 8% ny4 1172 11V4 1172 45% 45% 45% ■?£ 49% 109 74 109% 1107a 41% 41% *136 138 41% 110 40% 9% 974 *30% 14% 41 9 74 3274 147a 14 50% 1107a *30% 9% 923/4 141 93/a 79,400 100 8,800 3,300 3,500 32 14 7a 13,600 10% 10% 10% 10% 36,100 37% 37 37% 37 37% 11,100 6872 677a 68 67 3,800 3 2% 3 677a 27a 30 29% 30 *29 313/4 200 56% 10% 56 74 53 58 583/4 6,000 10% 107a 1074 103/8 3,600 10% 2% 100 4,600 10 98 7a ♦98 22% 22% 22 74 22 22 900 25% 25% 26% 26% 27 4,300 107% •1067a 107 7a *106 7a 98% *97 1077a 15% 1574 15% 157a 96% 96% 96% 96 7a 96% 27% 26% 27 7» 267a 27 . 1 *88 89 89 153/4 *88 89 267a 26% 26% 267a 2674 28% 29 29% 29% 31 ♦105 7a 106 105 106 105 17,600 1,200 25,000 100 4,300 17.400 90 17% 16% 17 74 7,100 20 21% 2174 217a 217a 200 *872 117a 4572 83/4 1,400 11% 11 1174 11 117a 31,400 46 45% 467a 45% 467a 10,300 8% 8% 8% 8% 197a 19 197a 3,900 36% 18% 36% 18% 36% 1874 3674 18% 35 y4 36% 36% 36% 367a 363/4 15,500 51% 507a 51 Vs 5072 51% 51% 537a 52 7a 537a 9,200 87,500 1874 18% 18 18% 18% 18% 18 7a 18 3/8 *1757a IVo 176% 176% 17674 ♦1757a 1787a 20 774 3,100 *28% 51 29% 293/8 2,500 36% 36% 159% Snuff Co 25 common noncumulative preferred—100 American Stores American Sugar 50% 373/4 *119 29 51% 373/4 120 5174 51% 37 774 29% 517a 36% 38% 3774 159% 159% 159% 3874 122 *120 387a 122 77a 29 517a 37 650 373/a 16,400 1607a 51 159% 470 383/4 *3874 122 ♦1207a 900 60 3074 5,000 30% 307a 307a 30 30% 30% 3074 5272 52 72 53 7a 53 54% 55 56 5574 557a 4,500 100 -5 100 Tel Co 25 common 5772 129 14% 169 55% 58 131 Co 5872 130 14% 1472 14% 169 y4 1697a 57 124 25 100 Corp com preferred 58 72 128% 169% 100 preferred 36 36% 11774 11774 125 55 V2 12472 56 1253/4 3572 36 *117% 117% 9% *2672 2072 9% 26% .21 972 2672 203/4 82V* 73 8274 73% *8172 *72% 9% 2672 22 02% 73% HV2 17% 1778 1774 88 407a 53% 8874 *8774 397a 87% 40% 53% 6.25 35% 36% No par 102% 102% com—5 25 series common—No par 100 preferred prior preference—No par Lead & Smelt com 1 25 preferred Copper Mining 50 Anaconda Wire & Cable——No par Anaconda Glass 333/4 *120 29 30 - Woolen 331/2 120 • 52 Refining com—100 preferred Water Works 373/4 120 517a 7% 7% 1 American Sumatra Tobacco— American Viscose 5172 778 297a 18 30 Co & 7 28% 1872 176 No par American Steel Foundries preferred 138 14 1,800 17 16074 $4 *917a 92% 50% 140 32 6,900 ' *20 367a Common 49% / 1774 15972 prior conv *917a 92% 49% 47 17 36% $5 100 35 63 k ieo72 Zinc 572 5% 56,000 357a 64V2 22% 26% 92% 487a 363/8 conv *17 *9772 45 1591/3 $4 18 45% *87a 30,900 113/4 33 46% 22 25 170 11% 5% 45% 2% 5,100 62% 48 5 72 467a 377a 68 7a 247a *6l7a 33 17% *91% 47% *130 135 108% 10872 40% 41 9 74 974 *30% 3172 14 7a 1474 10% 117a , 2474 617a 11% 17% 34% 63% 227j 26% 20 24% 477a 17% *44% * 29 74 102 7a 32% 56 A 872 61% 2974 100 7a * 11% 56% 6,, 900 1,400 1,100 39,800 47% 1 10 8174 72 33% 29 26 /4 147a 8174 32% 30 *10672 107% *® J®/s 96% 96% 267a 26% 88 88 13% 8174 11% 28 /a 22 /4 25 70 147a 8174 47% 117a 477i 30 ,H ^8/2 100 72 14 5% 45% 4772 974 32 14 74 11% 3774 68 72 71% 80% 17% 18 572 47 *127 133 10874 108% 175% 14 7a 71 6172 117a 47 11% 47 4,000 1767a 174 74 1767a 17672 7172 17672 100 Amer 22 8174 23%, 100 347a 8174 x45 7a preferred 6% *30 *21% 14 7a 7 28% 7% 34 22 13% 77a Preferred 34 *21% 14 7a 22 17572 1797a 72 72 187a American 34 *2% *2172 *1757a Anchor/Hocking 25% Aug 27 9,200 2% 34"% 18% American 6,800 *2 7a *32 2 7a 34 1767i 5% 2,000 26,300 18% 6% 108 108 600 697a *17572 7% 26,100 120 *11974 68 common—5 6% 60% 597a 122 100 100 *97 7a 607a 1087a 108 46% 4,600 6974 5 No par & Std Sany American *120 2,200 4674 46% 100 60 200 347a 67% Co—No par 7% 7% 46% *97 177/a 33% 18 337a 68% preferred 100 American Safety Razor—•. 5 American Seating Co__ 10 American Ship Building Co—No par Amer Smelt & Refg com No par Amer Rad 32% ^50% Tobacco 3 21% Jan 25 17% No par Tel 12072 Mar May 1 Co American 4 25 J iili 8,300 Chem cl B—No par American 19 17 Amer Potash & 28 22 Sep 21 94 90% 66% 2 72 *30 2 20 convertible preferred American Molasses Co 171% July 16 Jun Dec Jan 16% Jun 7 30% Apr 68 57 Jun 65% Jan 29 Jan 134 1 2572 Feb 10 57 14 May 18 56 4 9% July 13 % Sep 11% Sep 3 May 28 113% Jan 5 Jan 10% Feb 9 May 24 37% Jun 25 121 60% Jan 57 164 July 143% Oct 27 113 29% May 20 Jan 55 100 com Optical Co 10% Feb 156 3 77% Aug 22 59 89% 68% No par com Products Metal News July 15 5872 July 6 4 572% Ltd Co preferred American American 32 8 Metal 472% No par & Metals American Feb 4 Jan 50 Amer 7 100 preferred Gas 38% July 14 447a Jan 3.90% 1 100 7 preferred Mach & Fdry common Amer Machine 1 100 common Corp 12472 Mar 18 12172 Jan 5 23 Jan 24 1 preferred Locomotive Motors 22 2672 Jan 47% Nov 4 50 Investment Co of 111 prior Natural Mar 31 36 11872 Jun Mar 20 36 Feb 14472 Jan 2 Feb 127 9 6 40% Aug 10 18 30 574% American American May 10 7% Jun 7 6% Jan 1 common——No par American 177 Jan 30 15 4 13% Jan 169 com Products 5 23 July 15 18% Apr 19 24 14 24 9174 68 7a *917a 5 10 preferred 14% May 12 3774 July 2 22% Feb 25% Sep 18 53 72 8% Jun 23 24% Nov 30 41% Dec 23 24 3472 Jan 21 Feb 15% May 0 24 8% Jun 47% May 3274 Jan Jun Feb May 4 39% Jan 12 39% Mar 24 Co noncumulative preferred—100 International Corp_No par 6% 3 15 No par American Jun 35% Oct 907a 69 34% 637a 2272 26% 92% 47% Leather & Home 7 227a July 98 18 Hide American 6 128% Tec 9174 867a 347a 63 21% 26% Electric Co American Ice Co 8574 Jan 25% Mar 18 104% Dec Distilling 100 9,800 61 44% European 200 ; 85 44% Co 17,300 93 59% Cable-—No par & convertible 100% Mar 17 111% Dec 93 8674 17% 20 1 Colortype Co American 31 10 95 61% 5% 4674 July 13 3 Apr *93 84% 25 common Gas & 27 12 100 61% 12.50 Radio Corp & Co 337a 100 84% 177t 1772 Hawaiian SS Co 6% 108% 62 857a 32 74. , 61% 17 17% Export Lines Inc 40c American & Foreign Power—No par 16 7a Jun 59 7a Dec *84 • 100 60V* 16% *17% 1 American 107 152 % Jun 857a .33% *99 82% 1 20 1 4 25 32% 146 *144 8574 60% 17 American 16 108 74 *16% American 3% Feb 45% -' 45% *96 97y4 5974 60 11972 11972 467i 97 60% 11972 108% 59% 9772 No par 12 c *84 ; 32% 32% 46% 45% 97 97 607a 59 7a 1197» 120 1087i 108% 9774 Secur 19 Jun 13,600 3% 3% 146 10% *17 *967t American Encaustic Tiling 12% Jan 35% D-c 50 3% 3% *144 10% 177a 3372 9772 10 American Crystal Sugar com 10 47a % prior preferred 100 American Cyanamid Co com 10 3V2% conv preferred series B_100 3%% conv preferred series C_100 23 7s Jan 136 4,300 1074 32% 100 common— Chicle American 10072 Jan 117 % E. 16% 787a 10 32% 3378 preferred Chain American 4 16 V* July 89% 16% 777a 10 177a No par preferred American 18% Mar 26 12% Sep 92y4 ; 9% 91 62% .; Cable 23 16 28% Sep 9% *6172 1178 *4672 preferred Can 25 7 9% 50 common—2 50 Corp Inc American 93% Dec t -' si 9% 100 95 5,600 16% 78% 84 23% 10 common interest in common of American 7% 100 Shoe Co com Theatres 5% Jun 19% Sep 100-. *92 *77 7a 787a 33/4 3% *144 148 *84 8572 "... 3274 33 V *99 100 *92 95 Broadcasting-Paramount Ctfs 12% Dec 21% Sep *77 7a 787a 3% 3% *148 148 *84 8572 ' 32% 3374 77 33/4 148 8572 33% 10174 95 2% 1674 *77 7a 1672 82 29% 10172 102 1952 ser 572% convertible 4% American 13 92 Bosch American 6 Note preferred 46 7i Mar 16 70 24 99 16% 82 29 100 37% July 15 Mar 57 49 74 Jun 1172 July 8% Jan 33% Jan 26% Dec Jan 1672 877i 13% 1 pfd preferred 2nd 9% May 13 32% May 28 15 Feb 11 7 Jan 6% Jun 6% Jan July 16 4% Jan 35% Feb 9 Apr 16% Sep 6 2 27 Jan 36 187a Apr Nov 6% May 14 2% Dec 1772 July 15 1774 July 16 45% Nov 40 9 23 Jan 16 72 2% 2% 22 xl78 179 71% 71% com—No par Co conv cum American Airier Sep Bakeries American Bank 9 26 34% Sep 48 16% 2% 2% *2172 1 No par preferred conv 24% July 14 56 29 Feb 47 2 372% Corp common 59 119 1087a 59 2 72 *30 1 50 Chemical_No par Agricultural American 3772 Jan 12% Jan 6% Aug 31 Petroleum Amerada 29% May 19 24 10272 Jun (The) Amalgamated Sugar Co Jan 8 2% 68% No par Amalgamated Leather Co com 6% convertible preferred 1172 Jan 26 2% 86 1 Limited 57 , No par of America Co 166 93% Aug 20 —100 ,_20 100 100 Mfg common 374% convertible preferred 4.08% conv preferred— Alpha 45% *95% Corp common—No par 6 28% Sep 2% 177a 33 preferred 5 Sep 2% 33 *17 Allis-Chalmers 8 Apr ' 933/4 92 5 15% Jan Feb No par No par 75% Jan Sep 9% 1 Co 189% Jan Feb *84 33 *92 Allied Mills 2 Sep *145 100 gtd Dye & 31 Nov 77 3% *100 Industries Inc— 14 Jun 16% No par Allegheny & West Ry 6% 11% Dec 35 5 $4,375 cum preferred 55% Nov 50 2% " 8 87 86 10 new common Allied Kid Jan Sep 152 Mining 474% preferred 100 Alleghany Corp common 1 57a% preferred A 100 $4 prior preferred conv—No par Alleghany Ludlum Steel Corp 1 5 130 Gold 52% 40% 53% *5874 128% 1474 1697a 55% 124 35% *117% 972 26 7a 227s 82 73 1774 *87 38% 5274 59 35% *102 129 14% 14% 169% 170 55% 56 125% 123% 36% x35% 500 587a *58 72 12974 1297a 59 1307a 1,280 1474 14 7a 147a 1,100 170% 171% 171 57% 124% 3674 57 74 5674 1243/4 124 35 5/8 3574 52,000 49,900 2,350 18,800 11774 240 9% 9% 9% 9% 93/4 4,600 26% 26% 2674 267a 267a 400 23% .22% 237a 225/a 117% 117 81% 83 117 117 82 23 74 73% 74 17% 17% 17% ■ 360 72 7a 1,320 175/a 17% 88 5,100 88 87 877a ♦87 39% 39 39% 39 39 7a 52% 52% 53 52 7a1 53 357a 355/8 36 103 * 3574 *102 357/a 103 *102 15,200 823/4 813/4 72 Corp— *35% 35% *102 103 58% 129 j103 60 33,800 430 2,800 20 16 Tne Commercial and Financial C (260) NEW YORK STOCK RECORD Jan 5 42 45 15 57% May Dec 29 15% Feb 26 8% Feb 2% Nov 24 5 Jan 7 2% Feb 11 14 52 / Jan 9 32% Jan 4 30 Sep 16 8ep 14 23% Mar 27 17% Jan 4 30% Sep 14 15 43% Jan 5 33% Jan 8% Apr 874 Sep 77 Sep 93 15 48% Feb 24 102% Sep 21 Mar 25 59% Dec 9 89% Sep 97 Jan 29 7 100 149 July Jan 14 16 Jan 13 30 10 y2 Mar 26 5 14 32% Jan 6 21 15 18% Mar 25 , May 19 Dec 14 29 Jan 15 22% Mar 11 18% Jan 89'A Sep 3 Jan 22 93% Jan 92% July 2 99 y2 Apr 22 96 23 38% 38 % 38% 38 38 3,900 42 42% 43 43'% 421/4 43 6,100 *10% 11% *10% 11 11 107b 107b *1074 11% *3% 3% 3% 3% *3% 3% *3% 3V2 200 37% 37% 37% 38 38 38% 38 Ye 39 Ye 391/4 39% 6,400 24 24% 23% 23% 23 % 23% 237b 24 23 2374 3,700 48% 49% 49% 49% 49 49% 49 s/8 497b 49 Vs 497s 47,500 10 10 % 97/b 10 19,300 . 5 9% No par *91% com prior preferred conv Constable Arnold 26 Artloom Jan 26 Arvin Industries 14 Ashland 18 2nd 26 v* jan 9% *96% 148% 148% 147% *17 17 91% 74% 148 74% *96% ' 97 147 *17 74% 148 17% . -91% *96% 97 147 ' 17% .« 91% 74% 91% 74% 96 % 9% 917/8 917s 92% 1,600 74% 74% 97 74% 3,100 *96 % f 148 *17 100 "*147 177» 20 97 149 *17 * t 150 17% 100 - No par 5% 5% 5 %' 5% 5% 5% 5% t57b 578 2.50 Carpet Co Inc Inc_—— Oil & *3% 3% 91% 92 74% 96% 17 5 Corp *10% 9% : 10 10 74% preferred No par : $4 convertible pre/erred__^Np par 6% Jan 4 Mar 27 38 44 $3.75 15 27 1 4 18% Sep 37% 42 % No par Illinois of Co & 14% Apr . 9 x37 % 45% ...—————-5 — 10 Corp Steel Corp 17% Feb May 13 11% Jun i 38% 44% Armstrong Cork Co com__T—No par Mar 114 Oil Armco Shares July 16 5 Archer-Daniels-Midland Argo the Week Friday July 15 37% Products Co Inc W P $6 95% Feb 6 A Armour 74% July 11 5% Dec 22 8 10% Feb Jan .25% Sep 11% Sep 49% July 93 % Jan 57 2 19% Jan 25 25% Jun » 30 85% Apr 26 117% Dec 23 16% May 28 29 39% July 13 4 12% Mar 29 3% J:>n Sales for Ihursday 10 Mining Copper PRICES July 14 14 Andes 15 SALE Wednesday July 13 21.80 Anderson Clayton & Co Anderson-Prichard Oil Corp 12% May 27 23 8 July 14 HIGH Tuesday July 12 Par 52 % Mar 29 39% Apr 12 33% Jan 6 25 Nov AND Monday STOCK YORK EXCHANGE Highest 40% Sep 32 NEW Range Since Jan. 1 Lowest Highest Lowest Continued—Page 2 LOW STOCKS Range for Previous Year 1953 roriicleMonday, July 19, 1954 23 % 23% 23 % * 23% 23% 23% 23% 2374 23% 23y4 1,200 12 12% 12 12% 12% 12% 121/4 12'% 12% 127s 57,600 24% 24% 24% 24% 24% 24% 24% 24%- 2474 2474 2474 24% 2474 103 102% 102J% *102% 104 102% 10174 102 Ye *101% 102% 4174 42% 45% 44 116 y 11772 : 58% 581/2 118% 119% 118 58 58% 58% 58% 34% 34% 347b 34% 347b 34% 99-/4 yuj/4 1 Refining Co ' 24% preferred $1.50 series—No par Dry Goods Corp— _———1" 6 1,400 , - 24% 2474 241/4 /247b 2,400 Associated 25 % Sep 14 32 25 86 100 Mar 25 Jan 31% Jan 24% July 16 103 Apr 28 102 %. Apr 6 13 6 45% July 15 4°. 103 Jan 5 4 Preferred 60 % Jun 23 57% Jan 13 54% Jan 25% Feb 18 30% Nov 30 29% Jan -13 34% July 16 88% July 8 29 97% Mar 25 5 101% Mar 29 83 'A Dec 119% Jan 2 Jan Jan 85 124% July 15 4 Nov 49 25% Sep 89% July 28% Jun 26 Feb 60 19 58% Dec 16 21% Jun 9 14 33% Jan 2 27% Jan 4 36% May 17 95% Jan 4 100 % Mar 30 29 4 36% July 16 1 16 Jan 22 30% Feb 2 99 Jan 4% 31'A Apr 24 16% Dec 15 4% Dec Dec 17 9 27 28 13 7A Jan 36% Mar 27 108% Mar 18 15 Jan 7% Mar 7 9 34% Jan 103 % Jan 10 % May 45% July 16 4 Ex 7 July 15 Austin 16 Mar 26 Jan 20 May 26 4'/2 Dec 18 36 y8 Dec 29 52% Feb 4% Jan 26 37% Jan 417b 41% 117 116 : 58 34% 34% 100 ., 121 8,100 -h 40 ' . 4574" 90 2,900 58 74 ' 34% *99 , to O 100 120 *98 9974 122% 122% *98 124'% *20% 122 74 119 12274 5,900 2,000 500 9974 20 12374 5,400 I SS Lines— W *20 2274 33 distribution 33'/4 *20% -2278 2274 *20% 227B 327/b 333/a 32 78 331/b 32% 993/a 10 100 9974J 9974 9974 9974 99»/4 99% 991/a 35 347b 3474 35% 357b 35% 36 36 437B 44 33 33% . ■ " 34% 5 (voting) 20 —. 43% convertible pfd series A—100 4% 15 6 26 10274 *102 *21 227b 3274 1 20,900 99% 290 3674 12,400 451% 4,600 fowder—- Atlas 16 8% Feb & Refining common.. Common 10 16% Mar 13 : 58 par Atlas Corp Mar 24 17% Mar RIt_ *—No Line liquidating 17 12 *99 Preferred $3.75 series. B 120 Feb 58 *34 —100 Coast Atlantic 8 5 41% 41% 116% —50 com___10 t Electric Co City Atlantic 28 Jun IO2V2 10 preferred aw as 94% July 16 10274 *102 ' Atlantic At'intie Gult l-y; *102% 102% 41 —————50 Common -59% Feb 5 103 1013 \ Topeka & Santa Fe— 119% July 15 92% Jan ' 8 92 Investment Co 103 100 G%.2nd preferred™, Associates ■ ••u 100 1st preferred 5.25% Atchison Sep 24s/b Common Tack Nichols Conv 21 4 25 Avco 4 44% Jun 7 6% of Co $2.25 preferred conv 4374 44% 447s 44% 116 118 *11% •12%. *11% 12% 674 674 6% ' 16% "*15% 161/4 *1574 16% 161/2 167b 1674 16'/2 47b ' 5% 5 43'% 44% *44% 63/4 674 *16 *16% *16 16% 1674 16% 5 44% 116 16% 4% 118 X118 r 1 118 is/e X118 i.i'% ~il% 7 47b 5 47B *43% 44 *43% 4% 47/b *474 474 474 Va 65% 6274 65 62'/4 6274 62 62% 9% 9 7/8 974 10 97/b 10% 10 10% par 5 4474 120 550 12 7 44% 3 No 67a-: 16% Amer—5 Mfg Corp (The) common 12% *16 ($1.20)—No par Canteen Automatic 5% Jan *11% No par common prior pref 17% Jan 118 '116 No par Corp 7 1,500 16% 1674 1,800 5% 60,500 447a 300 B 4% Dec 35% Jan 8 14 14 % Jan 16 21 42% Jan (T) B.boock & Baldwin-Lima-Hamilton F»b 7 11 % Mar 26 8% Jan 11 7 Babbitt 65% July 12 10% Jun ■ a Jan 45% Dec 22 Sep 4 1 1 25% July 15 18% Dec 29 30% Mar 19 18% Jan 11 39 Dec 29 48% Mar 25 39 'A Jan 4 51 July 15 16 Dec 29 22% Mar 17 16% Jan 4 27 Jun 67 Jun 9 76% Mar 17 68 Feb 10 38 Sep 14 59% Apr 43% Jan 4 7 1 76% July 16 57 May 14 13% Jan 18 11% Dec 29 17% Mar 12 11% July 37% Sep 15 39 'A Feb 34% May 39 Mar 31 20 % Jan 29 Va July 15 18 18% Sep 18 25% Mar 19 9% Sep 14 11% Feb 34% May 20 Jun 93 5 90% July 28 27 12 11% Jan 9 % Jan 49% July 16 25% 257b 49% 497b 51 50% 51 9,600 23% 233/4 *23 % 24% 231% 23% 2,300 100 *74% 76 *753/B 76 76 76 76 76 76'/4 76'/4 —10 47% 48 47% 47% 47% 47% 47% 48% 48% 49 2,000 10 11% 12% 12 12 117B 12% 12 12 % 3,800 preferred —————50 35% 35% *35i/4 36 *35% 36 *35% 36 10 26% 27 2674 27 27% 2874 28'A 291/B 287a 29 15,100 10% 10% 10% 11% 11% 11% 11 11 % 107b 11 18,800 Convertible 5% Barber Oil Barker Brothers 4% % Bath Corp——— 14 16% Mar 20 29 Works Iron 17 29% Jan 4 34% July 13 10 % Dec 29 14 Mar 16 10 V8 Apr 14 11% July 15 17% Sep 15 267/s Feb 2 23% Jan 4 22% Mar 13 17% Jan 4 ,pct 93 Jan 12 32 35 Jan 38% Jun . Beatrice Foods Co common 2 12.50 18 82% July 14 68'A Mar 20 60 Jan 11 17 39% Dec 7 38% Jan 4 51 July 15 93 Jun 17 Dec 30 4 142 July 15 % Dec 30 1% Jan 7 22% Nov 25 27% Jan 5 37% Jan 20 24 Jan % May 18 Jan 27 Oct 5 44% Sep 15 57% Jan 6 135% Jun 19 146% Dec 16 9% Dec 31 Jan 15 82% Jan 13 65 % Apr 16 1 % Jan 6 7 30% July 15 30% Jan 4 50 Jan 4 144% Jan 5 160% July 6 12% Feb 6 12 72 Jan 27 48 July 16 9% May 30 39 Jun 28 72% July 12 Cum 5 — Corp Best Foods Bethlehem l ———„—_1 Steel (Del) 4% % pfd series of 1951 21% Jan 23% July 16 Bliss (E W) Bliss & Black 15 5 14% Jan 11 19 y8 Sep 15 27 Dec 15 22% Feb 3 25% Jan 15 287/a Dec 17 27% Jan 5 38% July 16 Blockson 38 May 5 49% July 16 toeing 23 Bohn Co 2 29 %' Mar 18 Jan 26 14 12'A Mar 12 6% Jan 4 31% May 20 12% May 20 Bon 6% Dec 12 y2 Sep 15 14% Aug 13 13 Va Jan 4 14% Feb 11 Bond 11 13 12 8 12% Jan 11 86 94% Jan 12 48 y8 Nov 18 50 Dec 11 61% Dec 16 Mar 25 57% Mar 17 7 54% July 12 49 % Jan May 27 Stores Co Boston *82 17% *82% 330 100 177 a 3,000 84 1774 18 18% 17% 3374 3374 33% *33% 3474 33% 34 34 3474 337/b 3474 2,800 11 11 1Q 7b 11% 11 % 117a 11% 11% *11% 1174 2,500 36 36 34 3574 36% 3574 35 % 36% 36% 36% 37% 9,800 22'/2 23 23 % 22% 23 23 23% 23 % 23% 5,100 22 *92% 95 *92% 81 82 8074 44% 45 *126 130% 95 35 % 357b 71% *159 72% 160% 10% 11% 70 ♦92% 95 *92% 8074 80% 81 50 47 142 142 453/a 1301/2 140 2974 2974 2974 3574 71% 10% H 30 3574 30 3574 717b 71% 72% 158 159 158 357/8 71% *157 11 11 11% 70 69% 69% 46% 47 46% 46% 47 22% 22% 22% 22% 227b *69 82% 80% 48 19% 43,900 34 110 95 82% 6,100 491/8 10,200 - 230 1407b 14074 1/8 109,300 30 Vs 30% 6,000 " 1 1 35% *92 % 51 140 4474 130% 159 95 81% 46 1 297b • 18 *33% 11 *69% 1 30% 36% 3574 72 71% 1587, 158 36 6,800 72'% 27,300 158 300 12 117B 1274 70 70 70 47 47% 48 22% 22% 22% 15,400 231/4 20,000 10,600 70 1,900 21% 21% 22% 22% 22% 227s 23% 227a 24 24 24 24 23% 23% 237a 237s *23 7b 36% 37% 37% 37% 37% 38 377b 38V4 38% 3874 5,600 45% 46% 45% 46% 45% 46% 46% 477a 47% 4974 88,400 20% 20% 21% 2174 3,300 21% 5 20% 21 20% 21% 21% 21% 28% 29 29 28% 29 *28% 29% 10% 11 10% 11 11% 11% *11 11% 1 13% 14% 13% 14% 13% 14% 1374 Inc__.1.25 8% 8% 8% 8% 8% 8% 8% Inc ; Club (The) Edison 17 83% No par B Borg-Warner Corp common 3%% preferred .97% May 28 83% *82 83% 177a 1774 47 Corp Ami Co class A Borden 12 17% 4,300 5 70% July 16 4 93 % Jan 17% 49% 7.50 88 74% Jan 106 49% 2.50 Brass Book-of-the-Month 15 129 106 49% No par 2iy2Jan 14 *32 129 106 331/2 22% Co & 17% 129 106 33% l Aluminum 17% 48 129 17 46% Airpiane Co new Class *106 3374 22% Co 48% 124% 107 124 107 16s/a 10 Laughlin Inc_, Chemical 47% 126 106 *35 34 *68% (Delaware) 47 *122 36 70 33% 33% —100 No par Decker Mfg Co & 12'A Sep 15 com—No par 47 117b *32% 1 preferred ......—.—100 Bigelow-Sanford Carpet (Del) com 5 12% • 16% . .1 peso Co T'/o .22% Sep 86% Jun 10 common of 1946_No par ser Consol Mining Blaw-Knox 64% Sep 10 Co 22% July 13 52 y2 Jan 83% 100 & 12 8% July *81% . Best 17% Jan 3 100 pfd Benguet 36% Feb Mar 1774 common— pfd $3.25 22% Mar 17 8 Co Loan 38% Aug 26 24% Apr 17% 50 Aviation Beneficial 30 3 4%% preferred 14 Mar" 2.50 RR Howell & 15% Sep 11 Inc 12374 106 Packing Co 10 Belding-Hemingway 1 Bell Aircraft Corp.———_—_——1 4%% 47 123% 106 Beech-Nut 31% Apr 23 % 46% 100 100 (A S) Creek Beech Bendix 90% Jan 112 preferred prior Mills Shoe Bell Sep 112 Beck 23% July 16 ' Apr 8 97 33 y8 Jun Jan No par Beech Aircraft Corp——————1 22 Jun 30 V2 May 26 15 Corp.——._—_10 Cigars Inc— Bayuk 19% July 16 9% Jan 33% Jan 5 Sep" common Beaunit Feb 16% preferred 18% May 27 88 Mar 12 May 19 96,100 257b 4) 2374 common preferred Sep 25% 2474 49 conv 9 247a I,000 247/b 4% % 27 42,300 233/4 3%% 31 8,700 10% 4874 30 Jan 47a 6174 10 2474 Jun 81 47B 61% ■ 483/4 July 15 8 47b 24 Ye 129 86% May 24 474 2474 107 21 8 100 47b 23% Jan Dec Oct 13 48% 99 V4 Jan 40 V2 Jan 78 63 Corp 50 9 107 62 (The)_Nopar common Aroostook 4 13% May 30 Ohio & & 7 9 50 Co noncumulative preferred__100 4% Bangor Dec 22 »A Mar 1 May 21 Baltimore 42 % Dec 100 28 16 1 112% Dec 14% Dec 90 Inc Wilcox x28 66 66 66% 5 82% 83 82 83% —100 *93% 95 93% 93% —25 53% 54% 54% 54% 15 Co 65% 65% 66 83 83% 95 *93% 54 66% • 54% 2874 *11 14 137a 87B 81/4 6774 6774 831/4 84 8374 *93 Ye 95 *93% 54 •54% 54% 400 24 2874 410 420 11% 14 II,100 8% 3,200 70% 5,700 841% 5,100 95 50 547a 4,100 Boston & Maine RR— 5% Dec 31 13% Mar 19 26% Dec 31 46'A Mar 9 20% May 11 29% Jan 21 33 2 25 % Jan 11 25 Sep Mar 5% May 3 8% July 15 5 5% Dec 31 liy8 Jan 7 6 Va Jan 6 31% July 12 9% July 16 19% Sep 15 25% Mar 10 23% Jan 11 31% May 24 28 Sep 33% Sep 17% Sep 91 22 42% Feb 21 39% Aug 17 26% Jan 20 21 99% Feb May 28 22% Jun 2 9 36 Va Jan 38 4 39% July- 9 Jan 11 56 % Jun 3 19% Jan 4 24% Apr 14 97 Jan 27 100 Mar 11 Common 100 7'/4 7% 77B 100 22% 22% 22'% Bearing Co———5 Braniff Airways Inc_: 2.50 Bridgeport Brass Co—.— 5 31% 317% 31 29 34 30 Briggs Manufacturing Corp__No Briggs & Stratton —No par 3974 3974 par 53 53% 53 2174 21% 21% 217/b 5% preferred Bower Bristol-Myers Co 3%% 27V4 Jan 29 26 Jan 6 32% Apr 30 45% Jun 9 54% Dec 21 52 Jan 5 63 24 11% Sep 25 13% July 20 66 y2 Jan 5 12% Jan 4 14% July 16 Brown & 13 74 Brown Shoe 16% Apr 12 31% July 15 59% July 14 13 y4 Nov 60 Jan July 16 4 22% Mar 17 13% Jan 15 Sep 14 Jan 12 15 28% May 20 16% Mar 25 22 10% Sep 11% Jan 4 13% Apr 74 20 y4 72% Dec 3 83% Feb 6 17% Jan 2 31% Nov 16 5 100 — Brooklyn Union Gas 5% 2.50 common preferred 15 % Jun . Roller /.No par Bucyrus-Erie Budd Co (The) Co 35% Jun 22 37% Mar 24 10% Jan 11 7 80% Feb 3 67 Jun 30 15% July 15 86% Apr 6 73% Jun 8 75% July 21 13% Sep * 11 Oct 35 10 78 17% Feb 6 9 liy4Sep 30 79 15% Jan 4 9 11% Feb 8 40 Mar 86 15 36% Feb 5 46% May 11% Jan 4 20% Jun 25 Mar 16 79% Jan 14 92% Jun 29 7% Jan 4 10% Apr 12 15% Jun 29 21 2 105 12% Feb 26 16% Dec 29 27% Mar 20 30 109% Mar 10 16% Sep 15 24y8 Mar 12 7 May 19 15% May 20 16 102'A Oct 20% Oct 9 27% Jan 2 98 July 16% Jan 5 3 July 13 Jan 23% July 8 1% Jan A 1% Dec 28 3% Mar 2 1% Jan 4 6 y4 29% July 16 2% Jun 14 Sep 15 9% Mar 2 7% Jan 8 10 20 y4 Sep 10 Sep 24 27% Jan 15 13% Mar 22 97 303/4 307b 3174 61 % 61% 61% 62 13% 1374 13% 1374 ♦69% 71% 70 70 *95 *95 31% 31% 307/b 31 62% 617b 61% 1374 14% 14 14% 72 *70 72 *70 19,700 127b 131/4 *77 127a 13 127b 773/4 78 78 1 26% 2774 26 2674 3974 41 40% 4174 13Vb 26% 4074 *77 78% • 13% •77 , 1 267b 2,000 41 % 40% 41% 41 4174 20,500 104,300 1 1% 174 17a 174 174 17b 17/B 174 17B 44% 44% 44% 44% 44% 44 % 44% 44% 441/4 44% 1,300 1 14 14% 14% 14% 14% 14% 1474 15% 147a 15% 152,200 100 *85 87 "85 86 85 85% 84 % 86 100 preferred 174 5 Inc *74 80 "74 87 *85 80 ., *74 80 *74 20% 20% 20% 20% 20% *13% 14% 14 14 14 14 *1374 14 *1374 50 *41 7b 44% 41% 41% 42 % 42% •41% 42 42% 207s 5% Bldg— prior preferred conv Bros 4%% common— 15 preferred Butte Copper Byers Co 100 & Zinc— (AM) i„____5 19 19% 19% 19% 19 Ye 19% 19% 19% 19% 90% 90% 91 91 91 911/4 91% *91% 9 9 874- common——No par 20 20% 20% participating preferred—..100 100 100% "98% Byron Jackson California Callahan Co 8% 21 8% 20 % 100% '100 8% 20% 101 8% 20 % 100 page 26 Packing Corp Zinc-Lead 30,500 14 300 8 27% July 28% Jun 9 Canadian 7 Canadian Cannon W & C Foundry Breweries Pacific Mills 874 20% 100 83/4 ♦20% 100 42% 250 19% 16,600 92 ; 1,200 874 2,700 20% 100 231/4 23 23% 23 23% 23% 237a 23 34 23% 5 28% 287b 28% 287b 28% 29% 29% 29% 29'% 29% 4,600 " 70 4,300 4.800 1 Calumet & Hecla Inc_ July 54% July 16 20% 227b 2 2 % 2 2 1% 2 17/B 2 174 2 7,600 5 974 97a 9% 97/a 97/B 10 97/B 10 97/a 10 12,400 2274 22% 237a 23 74 58 4 80 10 *56 44% Jan 20% 90% 58 5 207b 3,200 Terminal *56 4 *74 197b 1 13% 5 80 5 Co_ "94% 22 % Jan 100 267s 137s 21% Jan 78 267/b 94% 5 137b *77 267b 13% 24 13% 78 2,500 2674 94% Dec 400 13% _5 13% Jan 7,300 74 6,100 . 48,600 95 34 1,400 141/4 15% *94% 22 61% 14 31 95 29 31 61% 15 *947b 24 307a 72 . • 3074 Canada Dry Ginger Ale com—1.65% $4.25 conv preferred No par Canada Southern Ry Co 100 17% Apr 97 15% 99% May 13 21 *95 *61% 227b 57 97 317b I 1 Co 97 _15 6 5,800 *95 Campbell 11 see 1,700 217% 14% May 12 52% Jan For footnotes 9,700 52% 217a 24% July 14 90% Jan Jan 397b 527a 217/B 8 30 54 39 5/b 527/b 217B 4 54% Nov 27 16 39% 52% 12% Jan 7 43% Dec 739% 21% 217B 20% Jan 22 Dec % 527a 3 86% Oct Jan 25 3 527b 29 46% Jan 102 Jun 3b % 5374 10 Terminal Butler 7% 3974 15 Burroughs Corp Bush X3974 3074 No par Watch 3%% 9,600 30% Co. Rights tousn July 15 15% Feb Aug 28 5% Sep 3 15 14 Jan Jan 26,300 15 common preferred .'Buffalo Forge Co. Bulova 9% 3074 30% Burlington Mills Corp common 4% preferred 2 9% 30% 1474. toimard '2 9% 30 74 3074 49% May 24 2% July 8 44% July 6 Jan tf vs 307b 3074 11 43% Mar 874 30% 147s 25% Jan 17 874 29% 143/4 July 13 91% Jan 874 297a 29% Mar 12 10 1,500 8'/4 2974 1474 30 29 9,400 2,300 287/s 78 Jun 8% 2374 31 1474 6 10 y4 Dec *30% 2874 24 74 8 2374 31 5 Jan 1% July 12 8% 247b *30% . No par - 25% Feb $5 97 774 237b 31 1 — Brunswick-Balke-Collender *95 774 23 30% —40 . Inc— 874 774 227a 31% 15 com conv preferred— Bigelow cum Co 8% 7% 23 - Ltd Ry 1374 No par 2674 No par *52% 13% *56 237/b 237/s 137b 95 \ *23 23% 5,700 15,900 13% 133/8 9374 9474 180 . 57 *56 57 56% 56V4 20 27 % 2774 25 13% 247a 27% 27% 27 % 2774 *2674 27% 27'4 27% 1,000 2774 27 27 % 27 27% 27 277b 267% 27 % 33,500 53% 53 53% 53% 537b 533/4 5474 800 53% ♦ *52% "*'f .Volume 180 Number 5343 ... The Commercial and Financial Chronicle (261) NEW YORK STOCK RECORD NEW Range Since Jan. 1 Year 1953 Lowest Highest 8% Jan 4 13% Jan 23% Sep 14 30 16% Sep 14 19% May 25 103 % July 20 113% Mar 19 29 10% July 12 May 27 Jan 13 40 % Apr Carborundum 5 21% Apr 107 Jan 116 5 Jun 12 30 48% Dec 16 25 Jan 5 111% Dec 24 143 Jan 9 45% Sep 21 96% Jun 23 18% Dec Dec 104 14% Mar 27 4 62% Apr 13 2 24 14% Sep 46% Jun 7 28 4 120 4 76 Jan 4 22% Jun 30 11 17% Jun 7 66% May 19% Mar 25 16% Mar 18 15% Jan 19% Feb 19 20% July 27 20 4% Sep 15 40% Jan 22 15 73 % Jan 30 Mar 27 ,. 2,900 1133/4 Clinchfield Power & 22% July Apr Caterpillar 7% 2nd 4%% 22 7,000 44% 44% 1,000 1 10 58 60% 58% 593/4 58 59% 58 Va 58% 58 Va 59 16% 16% 163/8 16% 16 3/8 16% 16% 16 5/a 16% 163/8 1,800 14% 15 143/4 14% 14% 143/4 143/4 15% 15 153/8 10,600 100 •118 Va 118% 118% 118 % 118% -10 ——-100 1 61% 62 % 62% 63% *102% 103% *102% 103% —^ common 119% 21% 100 preferred 44% July 16 Central Illinois 4%% 5 21 % 21% 21% 22% 215/a 113% 113% 113% 113% 113% 75% 74% 75 Va 75 76 753/8 76 5,200 21% 22% 21% 213/4 21% 213/4 213/8 215/8 7,000 17% 17 17% 17 17 17 17 17 20% 20% 20% 20% 20% 20 % 20% 20% 5% 5% 5% 5% 63/a 63/8 6 26 26 26% 26% 27 27 27% 64% ' 65 66% 67 67% 673/4 67% 14 13% 14% 14 14% 14% 143/a 143/B No par 43% 43% 433/4 44 44% 443/8 44% 44% 44 108% 108% 108% 108% 23% 23% .23% 23% 18% 18% *18% 19 preferred 108% 108% 108% 108% 10 23% 23 VA 23% 23% Central 50 *18 % 19 18% 19% 25 15 y2 Jan 4 19% Jun 16 50 ♦18% 10 23 y8 Jan 6 28% July 16 Central 17% Mar 16 10% Feb 26 12% Mar 18 Central Violeta Ribbon 14'A Sep 14 28% Feb 18 y2 Jun 10 23% Dec 30 7% July Class B 6 Century 19% Oct 13 5 20 % Jan 4 30% Jun 3 Cerro 14 15% Mar 20 12% Jan 4 18 % Jun 30 15 37 3 33% Jan 4 40% July 9% Mar 12 Feb 6% May 27 , de Chain Belt class A J ; West • Corp 100 23% 6,800 18% 800 *18- 7% 7% *7% 734 27% 27% 26% 273/a 4,600 18 17% 18% 19,800 40% 40 Va 40% 400 7% 63/4 27 26% 27% 27% 27% 18% 173/4 17% mi 17% 173/4 40% 40 % 403/a *40 Va 40% *40% ♦40 109% 233/8 *18 500 17% 10 *108% 1,400 26% Co 2,500 9,100 263/4 *7 44% 113/4 27 % 7% 25,500 28% *18% 26% *7 1,800 14% 18% 18% 26% No par 5 1 Mills Corp 8,500 68 27% 18% 26% 11% ll3/8 27 ; 11% 19% 26% 11% 12 10,200 *113/8 19% 26% *11% 800: 2,000 6 5'8 27% 19 5 Co Products • 9.50 Corp Sugar Pasco Certain-Teed 7 N ; South & liy2 Sep 38% Jan of 200 17% *67% 13% 23,500 20% ' 26% 643/4 Central Illinois Public Service Co 22 113% - 25% 16 RR , 6 100 Light com 15,100 21% _100 Gas 80 60% 103'% *102 & E'lec—No par preferred series B—Hudson 103% 114% 5% 5% 60 % 613/4 *102% 21% 17% Central X603/4 103% 119% 113% 20% Central 63% 63 *102% 119% 119 % 17,200 22 5 12 *118 <' 116 *115 Foundry Co 1 1 of Georgia Ry_——No par Aguirre Sugar Co 25 10 114% l1 ; 22% 14% July 16 *114 12.50 Corp 19% Jun 24 Sep 21% 46I/2 23% July 15 28 y2 Feb 130 22 44s/8 15% Mar 15 20% Mar 14 16 215/a 45% 22 72% Feb Mar 1133/4 21% 443/4 75 32% Jan 112 1143/4 21% 45% 75% 54 % Mar 24 8 *1133/4 21% 45% 74% Central 19 1143/4 21% 46 Vb preferred series A-'lOO Celotex Corp common— No par 5% preferred —_—20 Central 19% Jan *113% 21% *45% conv 6% July 16 105% Jan 114% 21% 5 ■ Celanese Corp of Amer com—No par 6 12 July 15 / 21% Mar 12 4 •113% new_No par common Tractor 4.20% Preferred 13 Ohio Ry_100 & Light Co__ preferred 6 2 24 14 y2 Sep 6% Dec Steel Corp (J 4 6 Jan 9,300 20% Jan 8 110 35% 20% 4% Jan 38 y4 Jan 17% Jun 10 y8 Dec 63% July 104% Apr 42% Mar 25 12 34% 20 % 23 % Mar 25 31 59% Sep Jun '34% 203/8 12% Jan 26% Dec 97 14 16 y4 Apr 16 34% 20 % Carolina 1% 107 % Jan 2 15% Oct 30 35% Jun 35 193/4 26 2 13 34% 20 129 % r'eh 6 July 14 35% 20 4 16 11 y4 35 % 20 Vb Co 38% Jan 26 35% 20 General 133% Jan 7% Feb 7,500 34% 10 & 24 .15 y2 Sep 10 % I) 29 <65% Dec 24 10% Case 4 5 10 3/8 Carriers 17 Jan 10% 12 44% Feb 98 10% 13 101 y2 Jun Shares 10% 16% July 13 2 July 16 10% Carrier 24 Friday July 15 10 Va Carpenter Feb the Week Thursday 10% 24 65% Jan 105 Sales for PRICES 10% Jan 113 SALE 1 17% Apr „ HIGH Wednesday July 14 5 (The) 3 Jan 13% May Tuesday July 13 July 12 Co Carolina 22 23% May 26 5 46% Jan 14 34% Jan 12 % Sep Monday Par • AND (Philip) Mfg Co_ Carey 40% Jan 16 STOCK Capital Airlines Inc Jan 28 21% July 12 49 14 39% Sep YORK LOW EXCHANGE Highest 17 y4 Jan 29 8% Dec Continued—Page 3 STOCKS Range for Previous Lowest v.j). 11% 11% 7 19 800 Champion Paper & Fibre Co— 26 y2 Jun 16 34 V2 Dec 3 92 % Jun 22 103% Jan 30 33 Jan 47 % July 16 11 32% Jun ~7% 25y4 Dec 31 31% Feb 4 25% Jan '32% Sep 15 41% Feb 2 33% Jan 27 13 Jan 4 80 Jun 3 12 Sep 15 Aug 31 21 17 y4 Jun 16 85% Oct Jan 6 13 21 6 2 6 62% Mar 19 Aug 31 Oct 6 82% Mar 19 76% May 27 95 Jan 12 5% Jan 35 % Mar 10% Jan 46% Jan 2 45% Jan 4 63 5 93 July 13 11 73 July.15 Jan 62% Jan 92 Jan 101% Apr 4 11% Jan 10 1% Jan 6% Oct 13 13V4 Feb Dec 29 39 19 91% Jun 25 35% Jan 22 35 com—No par Western 100 5% preferred series A—100 conv Chicago Yellow Cab—— Chickasha Chi'.ds No par Oil Cotton Co 10 5% 66% Jun 56% Feb convertible Jan 97% Jan 4 23% Apr 103% Feb Dec Jan 12 76% Apr 30 20% Feb 18 k 55 Common 11 47 22 y2 Dec 102 7 28% Jan 11 Jan 4 5 11% July 16 102 Jan 12 104 99% Apr 15 26% Dec 15 33% Mar 5 27 Va Jan 28 17 3 15 Jan 35% Jun 4 14% Dec 4 Aug 'l 72% Dec 28 83 y4 Feb 74 Jan Oct 5 44% Jan 33 % Jan ; 4 Mar 24 172 9 6 Nov 30 Feb 10 90 July 14 47% Jun 16 54y4 Nov 24 Jun 12 15^ 41 Sep 18 170 89 109% Jan 75 19 Mar 23 107 7 Mar .15 91 Service Mar 24 62% July 13 41 44% Mar 19 15 18 43% Mar 20 37 22% Jan 19 24 89% Jun 12 9 97% Nov 25 29% Oct 5 Feb 34% Dec 4 21 109% Apr 5 2 25% Anr Jun 75 18 $4.50 15 Mar 44 July 9 23% Jan Jan 7 50 Climax Feb 24 29% Jan 4 Clinton 92 % Apr 1 97% Jan 8 4%% 2 % May 4 32% Mar 25 2% Jan 35% Feb Clopay Corp 9 125 y4 Feb 20 111% Jan 4 125% Mar 17 Coca-Cola Co 7 892 Dec 17 930 2 976 Coca-Cola July 24 Dec 29 , 12 140 Apr 2 7% 6 94 Feb 10 4% cumulative July Apr 13 2 38% Jan 7 52% July 86% Jan 4 93 5 24% Feb 27 12 % Jan Mar 20% Mar 17 23 66 Va Mar 24 49 Dec 22 67 47 Sep 1 65% Mar 24 38 y4 Jan 8 50 y2 Dec 9 50 y2 Dec Mar 24 2 9 15% July 16 Collins 15% Mar 24 18% Jan Colorado 40% Jun 14 43% May 24 41 50 45 20 24 Mar 22 Jan 29 Apr 30 41% Feb 3 47% Feb July 26% Jan 11 8 44 Jan 14 57 Sep 18 Sep 15 17 38% Jan 6 34% Jan 12 43% Apr 29 36% Jan 32 31% 31 % 30 31 63% 62% 63% : 62% , 500 ' 40 63%. 52,600 3 6 Jan 34% 35% 34 5/a 128 Jan 4 4 21 1 i 1 21 8 89% *89% *91% 92% 116% 116 % 4,400 51% 15,000 *900 *900 51% 50% 50% 51% *89 % 30 91 90 90 90 14 14 15 143/4 15% 153/8 15% 10,900 17 17% 17 17% 17% 17% 17% 17% 17,100 41% .900 41% 413/4 65% 67 673/4 65 . *49% 67 65 65% 65% 66 66% 675% 64% 64% 64% 643% : 90 14 143/a 14 Va 14% 14% 14% 14 Va 14% 14% 24% 24% 233% 24% 24% 24 % 24 24 3/a 80% 80 80 *80 24% 81% 233/4 ♦79% 80 80 80 81 120 46% 47% 45% 46 45 453A 45% 46V4 46 46% 7,100 29% 303/4 Xl4 3,300 30% 30% 31 31% 31% 6,500 54% 29% 54% 30% X53 % 543/4 54% 55% 55% 57 551/4 56% 11,300 393% 403/s 40% 40% 40% 403/4 40% 413/8 41 41% 16,700 29%. 4,200 42 423/8 423/8 2,200 7% 7% 7% 7% 1,100 -10 21% 22% 22% 22% 22% 22% 22% 22% 22% 22% 4,700 No par 18% 18% 183/4 18% 183/4 18% 18% 183% 18% 18% 5,500 25 25% 25% 26% 27% 26 26% Mills Corp 27% 26% II3/8 11% 113/a 11% 113/a ny8 IIV4 11 Va 111/4 6,600 45% 45% 45 3/4 45% 45% 45% 45% 46 45% 46'% 17,000 —No par Corp.——1.33% 108% 108% 108% 108% 108% 14V8 14% 14% 14% 14% Elec Light <fe ♦109 3/8 series B 4%' series C Preferred Laundries Natural Corp 15 of Cuba Gas 6% Consumers Power Co com 100 5 15 100 1 10c No par 30% 110 99% ♦99 30% 30% 30% *109% 108 % 1,100 143/s 14Va 14% 2,400 30% 29,100 ♦99 *14% 99% 14% 15 14% 14% X64 64% 64% 65 *19 21 18% 19 143/4 30% 110% 99% 30% 30% 109V4 109% 109% 100 *99% 100 ♦100 *14% 65 Vb 64% 65% 64% 64% 19% *18% 19% 19 19 6% 6 % 6% 6% 63/4 7% 7% 7% 7% 7% 8 7% 8 45% 46 46 46% 1093/4 108 55% 57% 58% • 109% 1073/4 104 104 *1073/4 60 60% 104 46% 1093/4 . : *104 46% 46% 110 59% 105: *" *104 105 22% 223/4 22% 223/4 22% 22% 21% 22% No par 95 % 95% 96% 96 Va 96% 96% 96% ' $4.25 Can conv _— Inc common 20 No par 2nd preferred—No par ■ 69% 69% 98% *97 / 159 69% 693/4 *97 98% 159 159% For footnot** *++ pae* i 69% *97 ♦160% 70% 9&% 162 71% *97% 1164 3/4 73 ' 22 < - 97 *97Vt - 10 105 97 72% ' 98 1643/4 100 11,300 62V4 22 . 1 159 540 110 *104 : 94% preferred 4,600 60% 61 ♦1023/4 preferred 47% 47% ♦1073/4 108% 4% preferred ; : 100 Continental Baking Co com—No par • 4,400 109% 108 3% 60% 2,200 8 Va " 109% *107% 6% 8 ' 47% " 1093/4 1083/4 300 63/4 * 1083/4 $5.50 4,300 64% *18% 6% 109% $3.75 900 6% 1083/4 Continental 30 100 1 14% ♦14 14%. 6% *107% preferred No par preferred No par Container Corp of America,— Common -10 i 1081/4 109% 30% 109 3^ $4.52 1 108 3/4 14% 14% 109% *99 $4.50 5 1083/4 109 ' 30% 100 RR 3,200 26% 11% N Y com—No par Co of Bait com—No par Consol V Cigar Corp— preferred Power 17% Coppermines Corp—5 distribution stock Consolidated 30 50% 67 3/4 413% , 4 51 *49 , 75/a . May 13 *49 * 92 3/4 116% 41% 9 73% July 16 Jun 51% 51% 150 135 *134 135 '7% Consolidated . July 13 , 1153/4 *900 51 % 51 3/a *92 40% 26 23% Mar 29 163 503/4 *134 92% 116 7% Preferred 4%% 49% May 27 Feb *900 *900 135 40% Consolidated Foods 47% July 16 98 115% 7% $5 4 105% Mar 25 100 *91% 3,700 40% 8 Jan 92% 116% 116 ,35% 73/4 5 96 *134 135 *91% 92% 117 130 2,800 35% , 40% 38% Jan 90% Jan 35% 75/8 105% Jan 54% Jan 35% 35 2% 40% 8 4 34 % 95%. 23/s 60,700 2 8 35% , 22,400 40% Nov 6 135 135 135 . 2,900 95% 2% 18% 109% Jan 97% Jan 95% 2 3/4 42% 19 95% Jun 95% 2% 14,900 43 23 58 y4 NOV 95% 2% ' 18% Jun 13 95% 23/8 / 423/8 35% Apr 23 95% 13,600 49Va 27 Va 18 5/8 27 27% 1944, 48% 27 18% 493/8 26% 42% Consolidated Textile Co Inc May 20 18% 483/8 27% 19'/a 6% July 16 89% Sep 183/4 48% 26% "16 42 8%»«b 45% Jan 18% 48 / 90 42%; 423/a Consol Edison of Feb 104 *41% 18% 6 6 2% 41% 2,500 72 41% 4 Nov 953/4 2% *71% 413/4 7 133 95% 2% 41% 62% 72 1 5% Jan 4 42% *71 % 10 6 20% Jan *41% 17% f 101% May 25 42% 17% 10% Jan 11 *41% 89% 10% Jan 25% May 21 42% *13% 29 102% Feb *41% 14 Dec May 17 72 90 5% Dec 23 47 *71% < 18% Ex Jun 109% Feb .4. 14 pfd Consolidated Retail Stores Inc 7 72 41 Consolidated Gas 106% Jun *71% 413/4 31 S 72 109% 18 112 108% Feb *71% 91% 62 Va 1093/a , 41 7 110% Apr 1093/8 41% 8 Apr 62% 1083/4 18% / Consolidated , July x62 % 41% 26% Jan 28 23 Jan 623/8 109% 41 4 65% July *87% 62% *108% 41 26 25 *873/4 91% 91% 62s/« 109% 40% 12% Jan 9 *87 3/4 91% 62% 62% 18 107% Apr 7 *873/4 *1083/4 61% 40% 5 Jun 91% 109 *87% 109 180 5,400 180 *165 180 3,500 ' 49 41% 24 Jan *165 48 3/4 173'8 16% Apr 46% July 16 18 180 ♦165 " . : 40% 109 % Jan 4 54 49% 40 3/4 2 40% Jan 5 48 No par Consolidated 27% July 15 2 48 84 preferred 25 $1.40 convertible preferred 25 Conde Nast Publishing Co—No par 16 11 27 473/4 173/a *83 Edison Co com—25 12% Dec 11% Jun Jan 473/4 95% convertible 103% Jun 4 58 46% 183/a Ohio Elec—5 Southern & 10 12 7% Jan 38% Jan 46% 48% System Inc__—No par common—No par 42% Dec 20% Jan 13% Apr 84% 46 17V4 17%-: 843/4 91,500 $1.32 . 31 Feb 25 16 173/8 85 18% Pictures 11 14 173/4 x84% 1,100 20% Dec 17 xl7% 2,900 30 48% Jun 18% 85 64% 14 15 18 843/4 34 66 Dec 7 18% 180 2,600 34 85 *165 7,600 102 65 % 6% Sep 11 34 17% 180 18,900 11% *955/8 84 *165 94% 913/a '11% 64 Congoleum-Nairn Inc. Jan 333/4 34% , , 11%" ' 102 50% Cone 12% Feb 955/8 20,100 570 27 98 11% *98 5/a 39% 340 26 Mar 26 34% 94% 11% 210 4,600 383/4 393/8 50% 23% Jan 102 34% 95% 102: 10,600 1 70 501/4 23% Jan Jan 11% ■ 1003/4 693/8 50% 17% May 107 94 % 100% * *49% 20% May 7 r *98% 27 noncumulative 1st pfd 15 5 . 11% 102 34 34% 34 95 11% 38% 23 Vs 23 , 70 42 27 Jan 94% ♦98% 102 22% 1003/4 693/4 53% 24% Jan 28 95% 11% 11 38 Va 1 42 27% Jan 110% Jan 37% > 223/4 *100% 69% 53 Solvents 14% Apr 23 Va 100% 43 Commonwealth July 16 109% Mar ,223/4 100% 53 20% Oct 28 . 10%: 52% 29 16 10 Va 42 29 ■112% Jan 10 Va 413/4 5% Dec 87 10 % 523/4 21% Dec ' 10 Va 42 Commercial 42% July 16 8 Jun 29 7 94% *98% *89 series B 19% July 15 42% July 16 Mar 38 No par 43 15% May 11 8 37% 48% 10 Credit Co 36% Jan 37% Mar 16 37% 100 1 Engineering Inc 2 37% Dec 37 18% —-No par No par Commercial 2 17 2 1,200 69 1 com Corp : 69 No par Combustion 22 % Jan 17 68% *91% 19 July 15 37% Dec 4 70 27% ' 32 y8 Jun 23 2% 41% Columbus 31% July 15 27% Dec 48 y2 Dec 69% 48% $4.25 cumulative preferred-No par Columbian Carbon Co No par Feb 2 Jun 62 3/8 400 2% 100 4% noncumulative 2nd pfd—100 Columbia Broadcasting Sys cl A-2.50 Class B 2.50 July 11 18% Jan ♦31 63% 14 Va 23/8 14 52% 4% 49% May 27 41% Jan 36% Jan 93 32 62% *13% 2% 413/4 6 15 18 *31 64% *13% 42 89 99% Jun 10% *10% 700 8% ♦73/4 ' 2% 52% 68% Jan 99 ♦10% *8 8% 7% 14 42 15 51% Mar 17 8 *23/8 41% 69 y2 Dec 15 32% Jun . 2% 100 300 101 52% Columbia 5 63% 7% 14 14 *100 101 % 42 Columbia Gas Sep 8 ♦13% 101% 41% 14% Jun Jan *31 101 % 42 25% Jun 11 8 8 14 101% 101 12,100 51% 12% Jan 10 *7% 14 101 101 5,100 72% 713/4 73 72 723/4 42% 19% Jan Jun *99% 72% 3,600 94 *90 94 51% 5 91 72% ' 41% 24 15 713/4 *91 5,200 41% Jan 10 71% 94 11% 69% 50 22 y4 Dec Jun 93 116% Iron & preferred 7 23% Jun 93 ■ 29 68% 69'3/4 95 11% 29 % 69% 29 11% 29 16,900 - Southern Ry com^__100 5%% 52% Feb 71 Fuel 29 100 11% 69% 18 Corp—No par Co Alkman & Colorado & 16 56 % Jun 69 % 41% Feb 26 11% Jan 34% Jun 11% 29% 68 % preferred_100 (The) Internat'l 12 y2 Dec 18 11% 29 Va 703/4 27% com_.—No par 2nd Colgate-Palmolive $3.50 preferred 6 5 Dec 32 y8 Jun 11% 48% 1 No par preferred Jan 89 Nov 14% Sep stock—50 —100 132% Jan 47% Jan 90 43 16 4,800 29% 32 5 —100 — Jan 31 39% 69% 10% No par gtd—50 4% Cluett Peabody & Co Oct 38% Sep 395/8 11% 10% No par 10 preferred 14 107 23 y4 July 40 Va 293/8 23% ,, 15 874 Sep 393/4 11% 71% 1,700 r 10% 69% ♦91 3.000 103/4 29% *93 3,100 7% 11%.; 11% 100% comnvm conv cum 89 37 39% 7% 103/4 68% 223/4 7% RR Inc Foods 136 59 % Mar 10% . 29 100% _.— Molybdenum 2 38 % Jan 14% 22% Clevite Corporation 6 31 33 Va 14 7% 2% No par Special guaranteed 4 27 May 18 3 Dec 33 14% 7% 100% common Pitts & Jan 13 Co preferred Cleveland Mar 22 28% Apr 8 333/4 14% 7% 2% City Stores Co common— 5 4%% convertible preferred—100 Clark Equipment Co 20 C C C & St Louis Ry Co com—100 5% noncumulative preferred—100 Cleve Elec Illuminating com_No par 78 23 33% 14% 73/4 100% preferred Products Corp 128 y4 Sep Jun 333/8 14% 7% x22 % Co Investing City July 12 -210 1 Jan 1 80 32% 14% 73/8 2% 100 Co—10 5%% 14 ' 4 70% Jun 1 38% Dec 32% 14% 7% .—No par r 21 14 Mar City 49% July 15 1 Sep Sep May 12 53% Jan 33 y8 Sep 2 32% 14% i A — preferred Cities 18% July 12 85 27 31 Jan 4% Cincinnati Milling Machine C I T Financial Corp 106% May 24 9% Jan „ 39% July 16 78 14% Jan 70% Dec 32% Cincinnati Gas & Electric— 30% Dec 100 26% " 25 25 25 preferred Copper Co_ Chrysler Corp 29 95% Jan 80 23 Va 26% 1 I common Chile 6 152 223/4 27 ' 403/a preference—No par Chicago Rock Isl & Pac RR—No par 11 16 10 23% 265/8 393/4 convertible May 25 10% Feb Feb 15 Jun 23 27 39% 100 900 23,300 12,100 1,200 23% 39% pfd_. 300 17% 253/8 23% ' , 11% noncum 21,300 90% 25 Va 18 253/8 11 ; 9% Sep 95 173/4 253/8 11 preferred series A——- $3 18 70% Oct 24% Jun 17% 253/8 10% ' ,17% Jun 17% 253/8 Pac-__No par & 1,700 36 90% v xl7% 17% 25% 17% *25 7% Chicago Pneumatic Tool com_No par 8 Jan 3 North & 5% 15 15 % Jun 7 % Jan 21 9 9% Mar 15 7% July 7 2 Paul St series A Chic 70% July 13 11 96% Jan 5% 12% Mar 31 11 34 % Feb Mar 9% Jan 13 5 26 3 28 14% Feb Jan Milw 91% 34 35% 36 *90 % 33 Va 33 35% 91% ' 13 3% Feb Chic 11 12% Feb 10 % Mar 25 33 35% 50 9,500 26 14 10 33 353/4 *90% . 3,400 42,500 5% 25% 32% 22% Jan 33 No par B 5% ' 28 23% 5% preferred 50 Chicago Ind & Louisville Ry cl A_25 Class 5% ; 106 23% 15% Feb 8 53/4 47% 263/a 106 , 25% 33% July 15 8% May 21 273/a . ' 12% Mar 51% Jan 29 17 25% 27 % Jan 18 44 y8 Aug 58% Dec 17 25% 21 y2 May 22 91% 23% 22 1% Dec 18 , 35% *90% 25% —, 106% 255/s 534 33 35% 91% 25 41% Oct , 33 35% 23% 30 10% Sep 33 35 Va Chicago & East 111 RR com—No par Class A 40 Chicago Corp (The)_ 1 5 47% *105% 25% ?:• 5% 53/4 47% 47% 25 Vb 33 Chicago Great Western Ry com—50 30 7% Oct 18% Feb 47' 106 % 1 *90 % July 14 15 25 Chesapeake Corp of Virginia ,—5 Chesapeake & Ohio Ry common—25 3%% convertible preferred 100 15 May 12 27 lOVe Dec 89% Jun July 16 36% Feb 91 27 Vb May 14 30 y2 Dec 59 5% 18% Jan 6 59 5% 5% Manufacturing 46% ♦105% 26 18 % Jan 21 40 y4 Sep 24% 5 Jan 29 5 46% 106 1 Vought Aircraft Inc Cab 46 *105% 25% 21% Mar 24 34% Jan Dec 46 105 24% 1.25 26% Mar 17 6 -10 46 105 Checker 25% Mar 19 7 14 5% Dec 31 No par No par l preferred— Mar 17 23% Feb Oct Sep 2 14 27% Oct 12 3 23 y4 Mar 13 26% Jan 17 $4.50 6 4 84 y4 Jan 4% Sep 4% Feb Common Chance 34 " 15 Mar 27 • Mar 17 108 98% Jan ' 5 22 May 12 *163 Va 3,700 290 73% 98 * 170 - 10,900 ' ' 340 17 18 The Commercial and (262) NEW YORK STOCK RECORD NEW Range Since Jan. 1 Year 1053 Lowest Lowest Highest 7'/a Sep 15 10% Mar 17 Apr 20% Mar 17 17 % Jun 22 19% Jan 9% Sep 16 13% Mar 10% Jan 6 13% Jun 14 3 Jun 16 82% Jan 7'/8 Sep 14 11% Mar 25 48% Oct 13 62% Jan 15'A Sep 15 22 19 % Sep 14 28 % Mar 19% Sep 21 26% Jan Feb 7% Jan 4 May 19 Continental Oil 19 May 24 Continental Steel 25% Apr Jan Jan 27 2 41% July 27% Feb Jan 28 48 55% Jan 30 44% Mar 18'A Sep 26% Mar 25 5 21% Jan . Jun 18 68 Va Jan 15 60 70 Apr 1 90'/a Dec 21 87% Jan Sep 14 96% Jan 19 95% Jan 8 15 98 Jun 25 96% Jan 6 78 Mar 22 July 9 101 13 28 Jun Nov 9 71 Va Feb 24 78% July 15 Mar 31 176% Dec 31 174% Jan 5 182% Mar 29 15% Dec 29 3'/a Sep 15 18% Nov 16 Jan 4 25% July 14 Jan 20 161 6 5 l'A Nov 30 25% Sep 15 87% Jun 1 2 3% Mar 16 July 16 14 28 % Jan 4 35% Apr 91% Jan 4 15% Mar 2 10 34%'Jan 29 26% Mar 22 27% Mar 12 2 29 Jun 15 11 July 16 16% July 16 4 Jan 34% July 35% Dec 17 34% Jan 48% July 12 Jan 16 101% Jan 33% Jan 16 91 May 18 20% Sep 15 29% Jan 6 21% Jan 103 105 5% Cuba 89 72% Jan 86 24 36 % Jan 5 14% Jan 20% Jan 11% Dec 11% Jan 14% Feb 2B Mar 17 31 17 Jan 6 Jun 24 185 Jan 5% Sep 15 52 Nov 6% Sep 27 8% May 21 5% Apr Mar 17 52% Apr 7% Jun 30 64 21 34% Jan 93% Dec 29 8% Apr Sep 21 15 5% Sep 2 6% Apr 57% Feb 4 60 9% Feb 2 23% Sep 27% Mar 20 $7 16 21% 21% 2,300 4 11% July 16 11 7% Jan Corp 6% Press 50 17 134 Jan 7 15 39 Jan 11 58% May 24 11 39% May 24 87% Jan 26 93 13% Aug 20 11 Va Dec 15 Corp 33% Jun 16 39% Dec *95% ♦100 77% 11 Dec 14 47% Jan 5 23% Sep 15 30% Jan 2 24% Jan 60 3% 3% 3% 26,900 3% 3% 3% 1% 3% 3,300 1% 1% 32"% 33% 32% 33% *96% 98% *96% '98% 15% 15% 15% 33% 333/4 *333/8 48 48% 48% 48% 48 48% 47% 104% 104% 1043/4 104% 104% 481% ao4% 104%; 24% 104% 24% 104% 24% 243/8 24% 24% 24 %i 24% 24% 85% 85% 85 85 15% 15% 15 15% 2,020 12% 12% 12% 12% 5,100 preferred 100 86 86 86 86 85 pfd 100 14% 15% 14% 15% 15 16 10 12% 10 100 54 17% Sep 18% Sep 25 v 5% 28% 28% 1 7% 100% 100% 58 95% Jun 30 3.90% — — Records 10 Sep 30% Mar a & *134% 136% *134% 563A 563/4 563/4 7% Co 75% July 14 32% July 14 Detroit 67% Feb 8 30 8% July 16 4 33% Jan 12 14% May 25 13% Feb 4 10% May 10 29% Nov 12 28% Mar 24 17 12 Nov 30 12 41% Dec 3 40 Jan 4 mrn-mmm..r„„ 57 Jan 11 21 8% May 17 28% July 2 10% Jan 5 4 59 V2 May 14 10% 30% *33% Detroit Steel 21% May 27 35 Jun 14 15 15% Jun 4 11% Feb 10 33 Jun 4 De Vilbiss 4.40% $1.50 cum Diamond Diana 11% Jan 13 Divco 58% July 12 72 July 12 29% July 15 12% Feb 10 17% Mar 87 4 July 16 34%- 333A 33% 42% 42% 2,500 13% 13% 14% 12,200 29% 29% 29% 29% 30 30 30 30 v30 % 2,100 5,800 25% Sep 14 30% Dec 4 28 % Jan 13 4 Feb 10 Jan 6 52 Dec 9 50 % Jan 12 48% Jan 5 47% July 1 52% Mar 51% July 7 53% Apr 10% May 15 9% Jan 7 23% Mar 11 18% Jan 12 28% Jan 21% Apr 15% Jan 28 9% Jan 4 - 2 33% July 13 48 „ 6 144% July 7 122'A Mar 30 49 Mar 12 53 Mar 4 8 73% 743/8 74% 112'A ♦111 112% 112% 21% 213/4 323/a 32% 213/4 22 32% 32% ♦62 63% 75 *62 74% *111% 751/4 74% 75% 743/a 74% 1131/2 •111% 113% *110% 112% 21 21'A 20 3A 21% 20'A 203A 4,800 32 3/a ; 323A 32% 32% 32% 32% 6,200 63% 63 *62 63% - 63% •62 200 8% 10 2% 2% 2% 2% 2% 2% 2% *2% 63 2% 700 8% 1 2% 1 —1 8% 83/4 8 3/8 81/2 8% 8 3/a 8% 8% 6,300 *19% 20% *19% 5 Co 20 20 *19% 20% 20% 200 2 29% 30% 29% 29 3A 29% 30% 30% 313A 31% 31% 7,900 32 32% 32% 32% 32% 333A 33% 33% 33% 33% 8,700 1073/4 1073/4 *108'A 10 common 100 No par preferred common *107% 108:,A 38 34 25 :• 38% ■ 14% ' 34% ' , •15% / 373A *34 14% X20 20 109 •IO8V4 38 , 373/4 373A 37% 34% 34% 34'% *34% 15 109 , 109 109 130 38%:' 37% 38% 1,700 343A 34% 34% 500 15 14% 151/4 7,000 50c Car 11% 11%\ 11% 113/a v.,' 11 'A 113/a 11'A 11% 11% 113/a 6,700 2 30% 30 3/4 30% 30% 30% 30y2 30'A 30% 30% 30% 5,300 10 10 IO1/4 2,200 58% 57 57% —2 Co Corp Ltd No par 9% 56 9% V 15 9% 9% 9% 57 57% 58'A 57% 72 *71% 15 3/a 15 3,200 72 72 73 72 72 71% 71'A 400 29 29% 29% 29% 29 3/a 29% 293A 29% 29% 29% 4,800 11% 113A 113/4 *11% 113A 113/4 11% 113/4 113A 1,500 *11% *70 15% 15% 15% 15% 83 841/4 83% 85 841/2 87 33,800 433/a 43 433A 42% 433/4 33,600 No par *102% 103% *102% 103 % *102% 1031/4 *102% 1031/4 *102% 1031/4 50c 30 3/a 30 3A 30% 30% 30% 30 3/a 29% 30% 30% 30% preferred—100 *89% 90 *88% 89% *88% 89'/2 *88% 89% *88% 89% *33 40 *33% 40 *35 39 *36 39 *37 39 No par Chemical Co common $4 preferred series A Dresser Industries 3%% common convertible 1 International No par du Pont de Nem (E I) & Co5 Common Preferred Preferred No par No par series $4.50 $3.50 series Duquesne Light Co $3.75 preferred $4.15 preferred 10 50 50 50 50 com 4% 11% July 13 preferred 4.20% preferred DWG Cigar Corp 22% Jun Eaglp-PlrOiPi- r.n 27 1,100 42 3/a 3 100 % Apr ♦33% 15% Dunhill 6 29% 8 20 Duplan Corp 12 16,100 43% 12 11 14,600 17,800 853A 29 94% Jan 10% 51 30% 15% 9% Jun 115% Jan 10 49% 29% • 42% 38% Jan 104% Jan 10% 84 3/s 4 2 30%;- 10 5 19 12 51% 293/4 15% Jan Jan 493A 30 44% Apr 97 333A 10% 52% 86% 7 118% Jan 30 3/s 43% 33 108% Dec 10 51% 29% 54 *80 3,600 15% 2 4 10% 13%- 85 13 23 13% Dow Feb 10 *96% 13% Douglas Aircraft Co Inc new-No par 12% Jan Jun 96% 13% 43 Va 100 Pepper Co Dome Mines Ltd 43 89% Jun 9% *96%, 133/4 133/4 new_100 Dr 30% July 12 91% Jun 30 9% Jan 1,000 42% 9% 4 43% Jun 41% 43% 13"% 58% 15 .. 41% ' 34 9% 18% Jan 4 41% 96% 29% '' 41% 133/4 56% 75 % Jan 45 5,100 43 1 5 23 413/a 18 3/8 34 Corp 14 44% July 12 103 % Mar 26 413/a 51% , 34 Cup Co common No par 5% conv preferred series A 50 Dobeckmun Co (The) 1 24% Jan Apr 27 41% 18 33% Dixie 83% Jan 47 % Apr 18% 43% Co—13.50 Corp-Seagrams 102% Jan ' 400 14% -• 18 West RR— common Motor T 2 2 4,100 14 preferred Stores Distillers 15 42 *133A 5 433/8 Corp Match cum 17% Sep Jun 14% 383A 94 133/4 Co 15 91 *4% 700 43% ; Alkali 29 109 38% *92% 4% 57 14 Devoe & Raynolds class A 94% Jun July 29 ♦133/4 18 3/s 38% 94 136% 43% Detroit-Michigan Stove Co 8 6"% Dec 30 18% 14 56 13% Detroit Hillsdale & S W RR Co.100 43% Jan 36 *133/4 4% 27 *134% 57 50 7 10 100% Jan 38 *92% 43A 27% 136 % ? 50 100 29 33% Jun Dec 38 94 4% 18% 13% 533/8 29% 23 Diamond 33% Jan 33% Feb 373/4 14 18% 13% 50% Jan 3 July 16 38% Jun 28 3 13 14% Jan 41 1 10% Jan 109 22 ... 18% 57 *92% 4% *13% 10 Edison 4 Jan 40% Feb 34% Feb 23% Mar 10 18% 38% 94 *4% 14 10 Escrow ctfs for preferred Derby Oil Co (The) Diamond 75 *13% 20 -^.Escrow ctfs for Mav 10 ......... 38% *92% 4% 13% common Delaware Power & Light Jun 13% Dec 29 —. C preferred 11 26 20 10 Delaware Lack & Western 28% Jan 13% Feb 13,800 271/a 136 % 563A Delaware & Hudson ; 35 16 27% 27% *134% 57% Inc Deere 30% Dec ... 229,800 136% Deep Rock Oil Corp. 112% July 13 22% Jun 8 ... 800 11% 57% 50c Decca 4 rt-.mwwm 58% 11% *134% 50c 14 33 7% Sep 58 11% 1.100 B series 14 7 31'A Jun 58 10% 103/4 27 Co 30% May 26 34% May 24 14 10% Jun 58 11 11 27% 38% 300 19,300 58 10% 94 8 101% 27% 4% 7% 101 10% 38 7% 1,600 102 27% ♦92% 28% 102 10% pfd 28% 102 *100% 27% preferred Jun 55 8 2 7% 2,300 29% 58 05^ 58 No par 10% Jan 10 15 73/a 8% 13% Feb 21 7% 4,660 8% 96% 20% Jan Jan 7% OO 58 5% 54% 8% 13% 27% Jan 9% Sep *28% 700 200 5% *96% 33 10 % Sep 25 29% 350 8,600 *53% i 96% 12 Jan *28% *170 5% 54 *96 16% Jan 101 8% 200 96% Preferred 93% Jan 108 8% 1 Inc Dayton Rubber 24% Mar 10 12 8% 5% 54 100 Mar 12 19% Jan 20 19% Jun 9 Jun 5ya 53% 10,100 ■ 95 16 14 32% Jun 24 58 *170 5% 53% 28% 73/8 ♦100% 12% 200 8% 28% 7% ' 53A 54 8% 2.50 *170 94% 55% Jan 18 5% *53% No par convertible 9 1 5% 54 12 12% 200 9% ..1 Corp common 3%% preferred series A 1100 Davega Stores Corp common—2.50 Aug 4 24% Mar 23 Mar 17 *170 9% A 15 Sep 123/a 200 • *94 1 2 % Apr 12% *170 5 4 62% July 48% 243A 85% Denver & Rio Grande 2 48 *93% 7 Mar 1,700 104% 94 27 6% Mar 17 1.000 95 21 1«% Mar 25 23.200 33% 29 *96 27% Dec 64 16% 33% 28% *93 16 29 16% 34 ♦94 23% Jun 14 16% 34 94 8 July 24 28% ? 15% 95 25 9% Dec 28% 15% 34 94 15% Feb 2% Dec 29 *94 100 < 2,400 15,300 99 95 46% Feb 61 2 33% *97 94 4 14 1% 32% 99 41 3 16 1% 33% 94 12% Jan 24% Jan *28% 15% 33% 1% 32% *97 ♦94 2 99 28% 15% 33% 1% 95% 30 7 28 28% 27% 1% 41% 52% Feb 28 1% 33% 97% 94% 15% Jan 81% Apr 15% Oct 6,900 3% *94% 18 Dec 78% *94 13 60 102 - 100 21 55% Dec 29 77% 176% 100 40% Sep 10% Oct Apr *100 78% 176 series 28% Jun May 102 series A 4 32% Jan 78 176 98 Preferred 3.75% 4 9% Apr 27 35% Jan 11 41 78% 176 3,770 2,200 118% *96 Preferred 3.75% 96% Apr 12% May 5 *100 65 118% 97% 3% Dayton Power & Light common—7 13 33% Jan 102 66 66% 118 1 5 Jan 12% May 14 *95% 3% 42% Jun 28 Jan 91 34 77% *175% 117% -96% Apr 23 27 90 16 94% Jan 783/a 176 X66% 973/4 251/4 37 2 Jan 2 *100 67 118 90 1771% 17 Jan 92 11 *175 *953/4 102 77% 176 66% 116 1,800 28% 24% Daystrom Inc. 23% Feb *100 77% *175 973/4 600 29 28% 25% 14% Mar 15 97% Feb 102 67% 1173/4 *95% 97% 52 48 25% 18% May 26 3 66% 117% 67% 119 118 28% *51 *47 25% 8 92 Jun 283A 50% 47% 24% 4 17% Aug 31 7% Sep 15 283/4 5,800 24% i3%Jun 83 86 28% *47 64% 24% 11% Jan Apr 28% 50% 47% 64 35,600 24% 4 82% May 28 Apr 28 47 64% 9i/8 common__5 No par Cushman's Sons Inc 7% 5% 48 28% 66% 47% 8% 24% 29 14 % May 16% Jan May 25 5% Mar 12 4% May 18 503/4 28% Dana 30% Jan 8 *50% 100 Cutler-Hammer Jan 50 3/4 *50% 48% 1 Jan 8% Mar 17 50 33% common Apr 92 21% No par Curtiss-Wright 40% Mar 25 40 21% *48 2 preferred 43 22 39 21% 2.50 preferred 138 Dec 39% 21% *96% Inc 15 4 39% 21% 64% 9 1 (The) non-cum 23 29% Sep 15 83% Dec 22 40 21% —25 preferred Class 18% 100 convertible Jan Jan 65% *39 % 8% 64% Amer common—25 of 31% Sep 131 25 8% No par 27% May 26 136 Feb 15 18 64% 21% preferred Prior ,65% 900 21% 5 50 50 1 series Cunningham Drug Stores Inc Curtis Publishing common. May 27 Jun 8% 1,200 8 15 103 83A 2,200 0 5 8% 633A 39% Cuneo 4 83/4 300 2,400 38% Cudahy Packing Co common 4%% preferred Jan 97 40 30% Apr 8% Jan 19 96% 40 3 54% Jan 93 49% Sep 21 6% Sep 15 29 Feb 97% 2,100 9% Jan 57 27% May 14 100 % July 28 31 6% Jan 28 20 12% Mar 19 18 96% 18% Electric Zellerbach RR 7% 95% 22 Cuban-American Sugar common 8 180 93% 18% common Crucible Steel 26 15 13% Dec 94% *93 21% preferred July 12 68% Sep 94% 7,300 18% series Cream of Wheat Corp 1 12 12% 22 preferred $4.20 Apr 26% Apr 12% -1 Co Crown 12% 18% Crown Cork & Seal common $2 12% 21% Coty International Corp 2 123/s 18 3/s Inc 3%% 123/B 21% 5 100 Cum pfd 3%% series of 1947-100 Corn Products Refining common_25 7% preferred 100 Cosden Petroleum Corp 1 Crane 12 3/8 213/4 Exchange Bank <fc Tr Co—20 Coty 12% *18'/a Corning Glass Works common 3 % % preferred 99% Mar 30 10% Dec 26% Jun 4 2 21 Jan 25% Jan 28 2 17 4% Fab 1 % Jan 3 Mar 34 Va Apr 95 16 Convertible pref 5% Corn 12% 7% 213/4 9 99 % Apr 12% Shares 18 7% 17% 25 121 18 21% J-an 67'% July 12 12 93 % 7% 18% 18% 49% Apr Dubilier 7% *17% 22 Copper 4 73/4 18% 18% Copperweld Steel Co common 6% 7% 18% 21% 2 Preferred 7% 18% 8 9 Cornell 7% *17% 14 common—5 No par Apr 32% Mar 4 58 93'A Sep 67'/a Feb Co Range 7% 18% 8% 52 Va May 25 15 Corp Corp Cooper-Bessemer the Week July 16 64% 24 22% Jan 20 Va Jan 43% Dec 52 22 Friday July 15 1 of Delaware 73 15% Jan 6 Sales for Thursday 93 10 Motors 20 52 5 Mar 18 19'/a Sep 15 48'/a Jan 6 30 Continental PRICES July J4 7% 5 Fibre Continental Insurance 97% July 15 9% Mar 18 15 72 7 SALE Wednesday July J 3 •17% preferred Diamond Continental H/GH Tuesday July 12 Ind com—2 25 convertible 5% AND Monday Par 14 8% 4 STOCK YORK Continental Cop & Steel 8 11 7% May LOW EXCHANGE Highest 17% Jun 67 COBtlOHOd—Pagt 4 STOCKS Range for Previous Financial Chronicle... Monday, July 19, 5 9% 93/8 9% 15% 153/4 ' 9% 93/a 9% 93/a 9% 93/a 138'A 139 136% 138% 1353/4 138% 136 3A 138% 119 119% 119 119'A 118 J/4 1193/4 119% 98% *98% 333A 46% 98% 98% 31% 32% 46 46% 52 % 52% 49 49 98% 32% 46% *52 49% 11 22% 137 119% 119% 99 99'A 983/4 993/a 600 33% 33% 333A 33% 33% 15,900 47 46% 46% 46% 47 19,300 1,700 400 52% 52% 52% *52 52% 150 493A *49% 501/4 50 50% 1,000 52% 52% 52% *52 52% 50 11% 11% 11% 113A 11% 11% 4,000 22% 22% 493A 11% 22% 135% 119% 99 *52 52% 11 *10% _ 6,100 46% 52% 52% 9% 22,600 33% 49% *52 *52 2,900 *52 E I 17% Sep 18 20% Sep 22 13% Dec 4 8% Dec 31 41% Jun 16 156% Sep 30 36% Sep 16% Jan 83 July 2014 Jun 89 18 12% Sep 15% Mar 17 47% Dec 169 18 4 27 3/a 22% 5,400 26% 26% 26 3/a 26 26'A 26 26'A 13,400 19% 20 20 21 203A 21'/a 20 3A 203/4 4,500 Eastern Stainless Steel Corp Eastman Kodak Co common 5 10 14% 14 3/a 60 61% 14% 60% 143/g 14% 603/8 613/a 14 J/4 61 22 14% 60% 143/a 61 '/a 24 46% Apr 30 Eaton 44% 443A 44% 44 443A 44% 45 20% Jan 4 2 44% 25% Mar 25 243/a Mar 24 Edison Bros Stores Inc common—1 22% 22% 22% 22% 22% 22% 22% 22% 1 94 2 Feb 24% Dec 102 20 7 Feb 11 17% Feb 14 24 57 Mar 12 2% Apr 37% Jan 15 9 6 13 Jan 26 5 33% Feb 4 165 Mar 4 85% Feb 3 22% Jan 19 100 Jan 13% Feb 36% May 1% Jan 23 May 11% Mar 23% Jan 4 23 0 4 0 3 12 48% Dec 31 51% Nov 30 44 Oct 6 60% Feb 49% Mar 29 30 Sep 15 37% Jan 35% Jan 48 Apr 26 13% Sep 15 9% Dec 30 14 Jan 11 9% Jun 26% Feb 22% Feb 18% Mar 14% Jan 20% Sep 15 25 Va Dec 23 29% Feb 26 Jan 89 Va Dec 21 Jan 4 99 Mar 13 24% Mar 12 92 20% Jun 22 Va Jan 8% Nov 27 7% Jan Sep 18 22 171 95 Feb Jun 3 Apr 12 Elec 6 12% Jun 4 28% July 15 51 Jan 54% Apr 413/4 Jun 17 193/4 May 18 12% July 15 26 Jun 24 29% May 19 102 July 13 26% July 14 10% Jun 9 16% Jan 18% Jan 27 70 Ligm Jan 28 74% Feb 8 National 5% 91% X29% 100 2nd Co 173/4 *17% 37 3/a 37% 37% 2% 23/4 2% 24% 24% 170 3/4 *90 91% 30 J/4 30J/2 102 ♦99 173/4 38 1703A 93 313A 102 *170 *90 313A *99 171 93 32% 102 14% 60% *170 14% 5,900 61'A 25,700 171 50 44'% 45 3,800 22% 22% 3,300 *90 313A *99 93 90 32 17,700 102 17 J/4 17% 17 3/a 18 17% 17% 3 7 J/2 37% 373A 38'% 37% 38 23A 2% 2% 2% 23A 2% 23A 24% 24% 25% 25 % 25% 2,100 11,000 26.800 .No par 24% 5 *11% 113A 11% 113A 113A 113/4 113/4 11% 11% 12'A 3,900 26 3A 27% 27% 273/4 27 J/4 273/4 26% 28% 26'A 263/4 13,100 25% 25% 3,000 50 *49 *49 50 *49 50 *52% 53% *52% 53'% 51% 53'% 51% 51% 800 40 3/a 40% 40'A 40 3/a 40% 41 40'/a 41% 8,900 50 533A 54 3 preferred Electric 30 *99 X173/8 .50 Natural Gas Emerson 91% 30 102 *99 171 10 Watch common conv Paso 91% *170 1 preferred 5% El 170 5 Electric Storage Battery. 9 66 i - Mus Ind Amer shares Elliott Co 11 5 26 - Electric Auto-Lite (The) 74% Feb see page common 6 74 For footnotes 100 Co 2 & 168% 2.50 preferred Products 4%% preferred Elastic Stop Nut Co 1 64% Dec 22 Jan Co 23A July 27% Jan 70% Jun 70% July 16 Manufacturing 4 % % Ekco 100 preferred 18% July 45% Mar 5 Apr 21 6% 11 32% July 15 104 22% Jan 15 22 26% 20 10 37% Feb 10% Oct Dec 7 143A July 22% 26% 19% _ Corp 30 22 16 Eastern 48% Jan 23% Dec 29 6 1 Eastern Airlines Inc 1 26 3/a 10 ...... , 7 63% May 24 22 —1 ,, 26% July 22% Jun 22 39% Sep 21 1% Dec 22 Oct 46% Jan 4 Jan 5 May 28 8 19% Mar 27 11 40% 40% *49 50 *48'% 50 ... _4 18% 19'/a 3,400 Emerson Radio & Phonograph 5 Empire District Electric Co 10 Endicott Johnson Corp common__25 11% 11% 113/a 11% 113/a 113A 11% 12'% 12 Va 12% 45,700 253A 25% 25% 253/4 253A 26 25% 25% 253/4 253/4 3,800 4% Mfg Co preferred _ 100 _ Equitable Gas Co Equitable Office Bldg Erie RR 5% Erie & - 283A 101% 283A 102 18% 28% 102 25 3/a 253A 25% 253/4 —1 *9% 10 *9% 10 No par 163A 17 A —100 69 69 Pittsburgh RR Co 50 71 71 series 18% 8.50 common preferred 28% 101 18% 17 17 J/2 69 69% *70% 72 18% 1 28% 101'A 18% 28% 102 25% 26'A 9% 9% 17% 69'A *70 3A 18 3A 28 3/4 *101 26 9% 19 28% 102 26'% 9% 19 28'% ♦101 25'% *9% 283/4 102 253/4 10 1,900 170 7,500 200 17% 17% 17'% 17'A 17% 15,400 69'% »B«% 69'% pov, 6Q% 600 72 *70% 72 70% 703A 30 1954 I Number 5343 Volume 180 The Commercial and Financial Chronicle ... (263) NEW YORK STOCK RECORD Range for Previous STOCKS Year 1953 Lowest Range Since Jan. 1 Highest Lowest NEW YORK Highest Sep 14 14% Mar 11% Jan 4 12 Nov 10 16 % May 12 y8 Feb 16 14 59% Mar 49 y4 Jan 4 74% Jun 4 1% Apr 26 2% Jan 18 39% Sep 2 Jan 2 3 July 13 STOCK Monday EXCHANGE 10 16% July 12 Evans 14 y8 Eversharp May 12 Par Products Co Ex-Cello _ Corp. ~ _ Cor Tuesday July 13 July 12 5 HIGH PRICES SALE Sales for Wednesday Thursday Friday July 14 July 15 July 16 the Week Shares 16 16 12% 13 72 % 713ft 72% *1% 2'/a *l3ft 26% 26% 26% 26% 26% 26% 263ft 27'ft 26% 27% 8,900 12% 12% 12% 12% 125% 127/8 13 13% 13% 133ft 109,500 Taf pZZZZZZZZZZ 2.50 15% 13 72 3 16% 12% ZZZZZl Inc Exchange Buffet Continued—Page 6 LOW AND l'k 3/8 rft % 15% 127% 163ft 16 16% 6,000 13 % *l3ft Xl2% 12 3ft 12% 12'ft 7,800 72% *72 __ 16 16% 713ft 72% 72 72 % 2,500 2 *1% 2 *1% I 2 F 21 Sep 14 28% Mar 25 21 y8 Jan 4 27% Jun 1 6% Sep 15 10 y4 Mar 25 9% Jan 11 13% Apr 1 9 ft Jun 30 16 y2 Dec 29 4 18% Jan 14% Oct 13 -ft, July •' 22% May" 11 13% May 16% Mar 24 15 Apr 17 19 Jan 8 17% Jan 5 24 57 Jan 14 52% Jan 11 21% Sep 21 34% Apr 14 <10% Sep 15 Rights 27 Fajardo 1 16% J-n 19 15"% Jun 48% Jun Fairbanks Morse & Co No par Fairchild Engine & Airplane Corp_i Falstaff 19% July 16 57% July Family 8 20% Jun 29 Jan 13% Feb 24 16% Apr 9 58 Feb 18 64% Apr 5 Sep 14 3% Dec 31 53% May 7% Apr 4 48% Feb 24 1 3y4 Apr 8 18 40 22 Mar Oct 1 27% May 21 23 Jan 14 48 38% Jan 1 105 94 July 8% Dec 29 Mar 99 V2 Jan 2 26 % 8 July 45% Jun 4 15 8% Jan 4 10% Apr 20% Jan 4 26% Apr 13 67% Sep 13% Jun 14 86 y2 Jan 5 76 53% Sep 15 101 y4 Jun 1 107 8 54 41 May , 30 18 32 10 100 23"% Jun Jan 12 Apr 7 49 y4 Feb 13% Mar 17 25 y® Se.p 93 Sep 12 63 21 7% Dec 99 105 Oct 26 Dec 15 14% Jan 18% July 30 75 y4 Jan 6 Feb 7% Mar 81 Mar 25 25% Jan Feb 11 98 y4 Jan 27 16% Jan 5 4 21 34% Jun 103 29% Dec 7 28%, Jan 7 31% Jun 39% Oct 21 38% Jan 4 49 9 Dept v Flintkote Co 8 Power & 4 17% July 16 Follansbee Steel 4 47 % May 18 Food Stores July 13 37% July 16 100% Mar 19 5 93% Jan 7 2 37 y2 Jan 12 48 81 Jun 9 Jan 27 88y2Jan 6 106 July July 89 Jun 26 96% Jan 12 94% J*n 4 100 15 23 y4 Jan 20 19 6% Dec 29 13% Apr 15 .6% Jan 9% Dec 30 39% Sep ! 103 1 10' 11. Mar 22 45% Jan 4 65 14% Jan 11 7 6 21% Sep 15 27% Mar 24 68 22 79 Jan /Jan 23 y8 Jan. 4 cum div 57 57% *58 60 *58% 60% 22% 21% 22 21% 23 22 5ft 23'ft 5,800 14% 14% 143/B 14% 14% 145/s 143/g 145ft 19,600 59 % 62% *60% 62 *60 52 52 ♦51 52 *51 50 *60% 62 % *61 63 *50 % 52 *51 53 2 4% 4% 25% 253/4 52 253/4 100 43ft 2,900 26 2,700 45 8,500 44 5/8 44% 103% 103% 103% 9% 9% 9% 9% 9% Z_ZZZZl 9% 9% 9% 9'/s 900 23% 23% 23% 23% 23% 233ft 233ft 24'/a 23% 24'ft 2,600 94% 95 95% .22%' 95% 95% 96 *963ft 98% 99 1,000 yZZ_ 10 ~_j 45 223/4 223/s 12.50 79% 80% 106 % 106% 106 No par 55% 551% __5 8% 22%. 106 55% 55 8% 8% 34% 333ft 8% 17,500 783ft 5,700 1063ft 56% 8 7/8 9 333ft 223ft 78% *55% 55% 310 1,000 9 5,400 33% 100 333ft 993ft 993ft *18% 34 ♦993ft ' 22 200 1063ft ; 79'ft 9% 104 .98 106 55% 34 44% 104 22'ft 78 106 55% 33% 45'/a 104 22 106 87% 343/e 104 , 793/4 x79 55% 443ft 104%. 22% 81 106% .83/4 34 44% 445% *104 22% 80 100 com 183ft 700 363ft 10,800 5,100 *99 % 100 100 19% 19% 19% 19% 19 19 18% 18% 7% 35 % 36 % 35% 36% 36 36% 36% 36 3ft 353ft par 46 % 473/8 48 5ft 49 48'/a 48 5/8 19,100 17 17% 173ft 173/4 22,900 45% 455ft 45% 46 6,300 2,000 Z_ CoZZZno 100 99% 47% 100 48% 48% 48% 17 17% 167% 17% 44% 44y8 443ft 453% *" 10 16% 17 % 1 common ser 443/4 •453/a *35i/4 of '51 36 36 36 36% <99 15 99 99 99 *98% 10 47 463/4 100 preferred 103% 463ft 103% 46% 103 46 36% 36'ft 99 ; ♦98% 46% 101 103 ..; 46'ft r 103 101 37% 373/8 98% 98%, 463ft. 102 F-ruehauf Trailer 4% preferred Co 11,400 250 102 3ft x96 % 96 % *963ft 97% *963ft 97% •96 3ft 97% 96 3ft 963ft 28% 293/s 28% 29% 28% 29% 28'ft 293ft 29 29'ft No par *7% 73/4 7% 7% *7% 73/4 *7% 73ft *105/8 *11 common 10% 11% 64 % 63 % 65 63 V2 633ft 12% 123ft 123ft 123ft 123/4 27i/8 1 —100 11% 60 3/4 xl23/4 \ Z ZlO ZZZZZZ-l Co 270 47 463ft 102 , 100 Corp 180 373ft 99 ZZZZ.10 Corp Freeport Sulphur 81% May 13 25'ft 62 4% 25% 26 25% 4% 9% Franklin Stores Corp.. • 26 43/s 44% Francisco Sugar Co__j Froedtert 26 4% 43ft 103 % preferred Foster-Wheeler July 13 * 4% 5 issued" pid convertible 3%% 4% 200 5 Machinery & Chem Corp 3%% July 6 28% July 15 4 69% Jan 6 . "when Food 1 13 10 9 58 213ft 14% _ Ins N Inc Common ,29% July 16 9 May 19 11% July 8 4 13% Apr 13 51% Mar 17 May 15 Dec ;Jan Fair $4.20 Mar 16 14% Sep ! *57% 22% 14% 100 Light Corp 11% Jan Jan 57% 22y4 common Corp Florida July 15 30 y4 Jan 99 *563/4 1 400 \ Power 3 43% Jan 14,900 coramon.No par Florida 6 6 4,800 19% „ No par 17% Jan 16 15'ft 19% Co 31% Dec Sep 14'ft 15 193/8 - (The) $4" preferred Florence Stove 23 31 33 y4 Oct A_ Corp 11 92 ' 14'ft 15% 19 Mfg Co 11% Dec 36 14'ft 15% 187% ZZZZZZZ5 Stores Tarrant 22% Feb .1 *14% 15% 183ft 5 First National Stores Firth (The) Carpet Co 24 36% July 143ft 15% 18"% series__ZZ50 Corp Firestone Tire & Rubber 4%% preferred May 14 21% Apr 143ft 153/8 18% Filtrol July 13 16 y4 Aug 24 21 y8 Jun 10 15 Xl5% 183/4 ZZ_50 ser Fidelity Phoenix Fire 8 9% July 14 7 24% Feb Ferro July 16 56% July 8 pfd pfd 1953 Corp preferred Felt & 107% Mar 19 17 cum conv 4%% 30 2 *14% 153/4 18% Fawick Federated 104% Mar 26 Jan 29% Jan 14% 15% _ common Federal-Mogul Corp 24 7 8 conv 5%% Federal Oct 19 13 5 5% 8 10 185,800 _1 common Corp 5 % Jun 4 Jan Corp Fedders-Quigan Corp 56% Apr . 19 35 % Sep 26 143/4 ZZZZZZ-l Brewing Corp Finance preferred series B Fansteel Metallurgical 8 66% Mar Oct ZZZZZZZZZZI20 Co 5% 27 9 9 48 Sugar 273/8 27% 273ft 273ft 78'% 78 78 78 • *77 11 75ft r 8% 30 700 lO'ft 103ft 64% 123ft 123ft 2 8'ft 28% 283ft 78 77 77% 10'ft 2,500 63 11 63 . - ■28,300 63% 5,000 400 13 *123ft 28 3ft 23,800 283ft *77 240 78 Q 4% Sep 15 3 5 i 15% Sep 15 20% Jan 28 19 6% Sep 15 8y8 Apr 13 7% Mar May 5 Jan 4 6% Jan 4 33% Dec 30 38% May 19 34% Jan 20% Jun 10 27 y4 Jan 23 2 . i Jan 28% Jan 27 22 y4 Jan 4 15 33% Jan 20 24% Jan 7 3% Sep 14 20 3% Apr 7% Mar 12 37% Mar 12 ■ 25 May 29% Mar 24 25 y4 Jan Dec 22 27% Jan 5 20% Jan 98% Jun 24 104% Feb 6 103 Jan 31 Sep 15 40% Dec 18 38 Nov 19 10 142 ■ July 17% Jan 1 - 14% Mar 18 155 Mar 24 r 22 -- 3,1 4% Feb 28% F«b 11 4 27 % Jun •4%% Gayiord Jan 13 55 Jun 23 General 9% Jun 29 11 Jan 6 General 138 May 26 Mar 25 148% Feb $4.50 4 18% Jan 4 4 14% July 16 78 35% Mar 25 30% Mar 9 39% July 15 16% Jun 10 19% Jan 17% May 4 25 Dec 28 129% Apr 10% Nov 9 11% Dec Jan 8 2 Feb 71 2 76 Apr 29 31 July 28 35% Jun 2 122 Jan 15 128% July 13 7 11 Jan 8 12% July 16 46 y4 Mar 24 36 Jan 4 53% July 16 39 Jan 4 56% Jun 18 48% Jun 25 48% Mar 24 16 Feb~26 8% Sep 15 50% Jun 23 61% Dec 16 88% Jun 18 94% Jan 2 9% Dec 31 14% Mar 19 52 Jun 17 11% 61 Jan 9 9% Jan 5 56% Feb 4 Jan 8 8% Jun 21 94 60% Jan 119 Jan 4 123 % Feb 26 58% Jan 4 22 124% Jan Jun 11 119 Jan 14 15 69% Feb -4 118"% Jan 106 2 5 73% Jun Mar 11% Feb 68 8 1 May 27 124% Mar 134 23 3 May 25 2 123 y2 Jan 5 4 80% July 15 125% Mar 30 Sep 15 99 y8 Jan 14 Jan 4 100% Mar 30 21% Sep 15 25% Feb 5 22% Jan 11 28% July 16 54 y2 Mar 30 48 % Jan 112% Jun 91 95 8 fir/J/n 21 'ft Sep 15 27% Mar 23 25 Jan 4 47% July 1 65% Dec 8 59% Dec 21 57% Jan 4 94 6 3% Dec 10 4y4 Jan 5 3% Jan 4 23% Jun 10 29 y2 Dec 28 28% Jan 25 18 42% Aug 31 Sep 93 May 11 2 10% Jan 37% Jan 16 100 Oct 21 14 Dec 16 15 25% Feb 40% Nov 12 51 86% Dec 30 96% Mar 16 19 Sep Apr 3 23 18 25% Mar 26 25% Sep 22 31 % Feb 2 100 104% Apr 26 4 14% Jun 22 20 % Apr 28 41 Jan 12 87% Jan 6 25% Jan 7 8 15 Sep 18 34% Mar 11 16 85 May 11 75% Jan 4 July 29 9% Oct 28 76 Dec 1 72% Feb 16 18% Jan 15 10% Jan 4 2 96% Jun 23 12% Sep 15 79% Apr 13 10% Sep 23 27% Oct 14 6% Dec 130 >/2 Jun 49% Dec 14 Dec 16 106 28 4 46 101 Apr 20 37% May 21 31 Apr 21 100% Apr 12 36% July 15 86% Jun 79 25 Mar 18 12% July 9 64% July 15 14%. July 12 4 35% May 25 137% Apr 20 30 139% Dec Mar Sep 14 19 21 80% Jan 31 5 7 9% May 77 Jan 3 4 7% Jun 150 Jan 2 27 18% July 15 101 July 9 29% 29'ft 30% 30 32'% 323/8 323ft 4% 4'ft 32'ft 32 % 4%~ 43ft.' ■; <*■ 32% 4% 4'ft "29 *■ 3,900 200 *32% 32% ■' 303ft 31% 2,100 9,500 34 7,400 . 337/8 335ft 4% 4% 43ft ! *28 32% 32'ft '325ft 31% com__1 25% 263/8 26% 26'ft 26%;' 26'ft 26% 27'ft 265ft 27 105'ft *105% 6,500 325ft —_100 106 106 513/4 *105 523/4 x9% No par 93/4 *28 106 52 105% 52% 9% 97/b 9% 52 513ft *27'ft " 106 29 106 • 51% 52% 93ft 1,000 19,300 3,600 106 51% 9% 93ft • 29 95ft 52 4,200 2,700 97/a 138 130 > . 150 138 1371/4 137% 137% 137% 137 % 5 27 % 27% 27% 273ft 27'ft 27% 26'ft 273ft 27 No par 13 % 13% 133ft 14 133ft 14 13'ft 143/a 14'ft 27% 14 5ft 76 76 76 76 38% 393ft 39 393/4 4,200 23% 25 23 23% 14,900 128 *127 ; 100 •• _Z_50 No par • *75 76 *36 36% 76 .76 36% <; 22% 22 " 22% 37 233ft . Z *75 138 ' ♦137'ft >• 76 37% * 38% 24% 24'ft 100 *126% 128 % 127% 128% 127'/a 10 12% 12% 123/e 12% 123ft preferred Finance Nonpar - *127 128 138 72% , 71 Precision 8% Nopar 100 Eqp 100 Corp 1 par lOc 5 > 4,500 38,000 140 70 128 11% 72:3ft 72 72% 95% 95 95 87ft 9 64 % 647/a 83ft 64 64% 72% ■ 1.721% 735ft *93 96% 6 4'ft 7,000 100 96% 8 Tft 9 5,100 9 64 64% •121 122 *121 135 *126 3,300 135 80 4,600 122 *128 78% 79% 80% 79 124 % 124% *124 1243ft 1233ft *99% 27 % 993/4 *993/8 993ft *99% 273/4 27% 273ft 273ft 65% 43% *88 . 1 50 77,500 600 *1233ft 124'ft 1233/4 1233ft 993ft 99% 99 3ft 993/4 993/4 700 28 28 28% 283ft 283ft 1,500 66% 3,700 124 65 66 67% 66 67% 443ft 44 447ft 44% 447ft 435ft 44% 90% *88% 90 87 87 400 3'ft 4 4 16,700 *88 92 32aft 33 x32 % 31 92 90% 4 37ft 323ft 323ft 30% 104% 14 133ft 137/8 22% 223/4 223ft 233/4 51 51 51 513/a par 98 98 98 98 29% 803/4 66 3% 34% 78 7/8 443/8 4 *100 80 3ft 453/a 3"% 13% 79% 795ft 65% 30% 20 72% *95 8'ft 500 11% wVV 11 % 122 104% 343/8 34 29 % 102 29% *100 30 3ft 34% 29% 4 32 3/o 325ft 31 31 103 % 103'ft *103% 135/a 133ft *13% 23% v 233ft 235ft *50 98% 34% *28:ift *100 102 ,*.v65% 3'ft 32% 32% 31% 30% 104% *il03% ' 31 13'ft 14 24% 24 24% 503ft 98% 343/8 34% 29 29 29 102 *100 102 1,900 20 2,800 16,000 700 x50% 50% 98'/a 34'ft 12,000 104% 14 98'ft 50% 33% 7,100 , 1 50% 98% 98% 230 34 34% 15,200 28% *100 500 28% 102 ' com 2.50 35 % 35% 86 *75% 76% l 12% 12% Gillette 1 61% 122 % 123 common- preferred No par Gleaner Harvester Corp Glidden Co (The) 16% *83 *83 14% 35 100 *147 c__ 10 Z_ZZZZZl0 F) 19% 99 11 % 16% 85 14% 7 *75% 12% 613ft 34% 1 *85 76% 123 2.50 Brewing Co & Stock Telegraph Co 85% 12 16% Nopar Goebel 36% *75'/a 62 convertible preference—No par Brothers common 5 36'ft 35% 85 *84% 100 1 11% 135 —100 (B 11% ♦128 preferred Co 11% 49,300 122,600 *121 preferred Gold 11 '/a *102'ft new 535ft 56% 44 % 44 135 33/4% Goodrich /. 121% 4%% Uouu«.u-oamoiu 55% 45'ft *121 Georgia-Pacific Plywood Co $4.50 54'ft 44% *128 31 100 General Tire & Rubber Co 54% 45 65% *102% common-No par 513ft *55% 54% 433ft .1 Corp Corp 523/8 543ft 2,200 123/4 135 10 preferred 51% 123ft 121 % 100 pfd__Zno 51% 12s/8 64% par Corp Castings $6 Telephone 64% 125ft 120% *129 —10c General Realty & Utilities General Refractories (The) , *93% $2.90 convertible preferred-No General Public Service General Public Utilities Corp General Railway Signal com.No 5% preferred 4%% 71 12% 46 :. 9 Nopar General Time 11 96 Outdoor Advertising No par General Portland Cement Co 1 Shoe 11 , 51% 515/a 83/4 preferred General Gen Steel 46% 45% *93% Motors Corp common 5 $5 preferred ^No par Preferred $3.75 series General *53% 46 3/4 1 common—: convertible General 513/a 543/4 No par «lJ)refCrred General 51 503ft *533/4 10% preferred 3%% 85% Jun 4 28% .. 19,300 3lv> M£ 39 32% General 8 26 28 y8 v.. 323ft com Mills $5 6% Feb 28% , 33% r39 32'ft Gimbel 10% Jan 333ft 32 % Corp__ General July 15 28% Jan 38% 33% 2,400 6 25% 24% x7% 31% Instrument Corp July 15 9 20 $3.50 17 28 38% 33%. ; - 1.66% —— General 128 38 y8 Mar 20 8% Jan r 4 Jan 39 33% 6 •; 75/8 ' 28 %l Corp_ General Foods Corp pom 4 80 15 General 11 82 % Oct 39 ~ ' 25' 28 General Dynamics Corp common—3 Preferred ($2 cum conv)—No par General Electric Co new 5 Jan % Jan 21 y8 Jan 24% July 16 51% Jujy 13 series 105% Jan 13 60% Sep 11 Jan 29% Jan 99 16% Mar 25 2 33% July 16 31% Jun 30 18 Sep 32% Jan 19 Jan 22% Sep 74% Dec 69 Apr 12% Jan 100 33% May U 99 4 T..1 V 14 July 7% Corp— 6% 11% July 15 101 24% 273/4 — 53% Sep 113% Jun 1st . 75ft 33% 4% Transportationi._2.50 Baking Co common—! 5 Corp preferred 6 6 ' 24% 7% 27 4% conv 2nd preferred General Cigar Co Inc com 7% preferred General Contract July 15 37"% May 17 117 4% 1 Amer $8 preferred General Bronze General Cable 27% July 12 10% Jan Mar 25 *38% 6 6 24 7% 31% - 50 Corp__ preferred 6 24% 7% *38% LZZZ2 com 6 24 7% *33 % 50 5 American Investors 107 7% preferred- Container , 18 233/4 5 No par " Inc 6 24 g l Co ' convertible 2 14 ' common common Garrett Corp (The) Gar Wood Industries 32% July 13 9% Sep 15 70 May 6 29% Sep 16 5. Gardner-Denver 1 10 7 1 (Robert) Gamble-Skogmo Inc ^unewell1 Co <The)__ July 16 12 22 (The)— •v.%5%. convertible preferred 30 ii ;31%Jrtly J6 Co Gair. Co Inc * . 34% Apr 22% Mar 17 5 Gabriel , '7% July 8 39% Apr .1 6 21 6% Jan 25% July 16 13 21% Sep 22% Sep 25% Sep 14 21% Aug 31 > 3 6'ft 86% 86'ft 86% *86% 88 76'ft *75% 76% *75'ft 76% 113/4 11 'ft 6,200 16% 64% 12,100 627ft 63% 63% 125'ft 16% 16% *83 85 11'ft 12 125% 62% 123 16,100 3 6'ft 363ft 126 16% ♦83 85 12 64'ft 128 35% 633ft *125 17 165ft 85 *83% 363ft 130 16% 50 1,400 16,200 85 F F^O 13'ft 14 13% 12 34 35 'ft 35% 35 353ft 11,200 7 7% 7'ft 7 7'ft 3,o00 150 *147% 14 14% 137ft 14 35 35% 34% 35% I ' 7% 7 *147% 150 13% 100 % 13% 98% 7% 7 *147% 150 13% 99% 15% 98% 17'ft 17% 150 *147% 150 127,800 18'ft 16 3ft 17% 98% 5,600 11,800 99'ft 98 99% 98 695ft 69% 70 69 5ft 70% •1063ft 108 107% 107% Goodyear Tire & Rubber— 43% Sep 102% Jun 15 2 108% Feb 4 105% Jan 5 4V2 Dec 29 9% Jan 20 4% Apr 21 59 Mar 19 52% Jan 12 70% July 13 Feb 9 6% Jun 16 109 Common $5 10 preferred Gotham 1 1 33% Mar Dec 22 6% Jun 19 ,26% Jan 18 34% Dec 14 y4 Sep 1,5 85% Oct 15 4 2% Mar 25 9% Feb 25 Gmiid-N^t'onal Batteries 27% Jan 4 39 % Grace 1% Jan 7 4 Jan 12 30 31% Apr 28 20% Jan 5 14% Jun 29 98 y2 Jan 28 86% Jan 5 29% July 16 34 % Dec 31 33 86% May 22 97% Feb 4 Dec 22 16% Jan 7 28% Dec 30 39% Mar 17 7 14% Jan 5 Apr 19 94% Jan 8 7% Mar 29 Jan 2 13/4 Feb 18 9% July 16 40% July 17 6 May 27 92% May 14 37% Mar 100 0". 2 Mar 4 Jan 5 4 313/4 July 15 24% Jun (W R) & Nov 17% Oct 30 Union Granite 5% % Grant Co City (W Co $2.25 conv 1 128% July 17 Jan 4 Jan 11 71% July 16 Great Jun 9 31% July 16 Great Northern 17% Jan 4 20V8 Feb Great Western 4 145% Mar 19% Mar 27 141 Mar 2 131% Jan 64% Apr 15 78 Dec 31 73 Apr 9 29% Dec 22 40% Jan 2 28 Jun 18 19 % Sep 18 23% Mar 25 20% Jan 8 For foornotes see page 26 78 4 Mar 22 33% Feb 23 % 26 1 July 16 Gt Northern 7% Iron Northern 39 1 % 1% 1% 1% 1% 13ft l3ft 5 8% 8 8 7/b 9 8 7ft 9'/a 9% 9% 39% 39'ft 30 'ft 30% 30% 38 7% 38% 38 3ft 53/8 X30 38% 39'/2 393ft 39% 39 '/a 15% 14% 15 14% 14% 14'ft 913/4 *90% 100 common Ore Paper 5 100 91 % ♦90% 913ft 373/4 373ft 37% 37% 98 973/4 973ft *90% 37 *97% Tap & Die Corp__No par 22 10 3,700 31 31% 609 22% 23% 3,900 19'ft 19% 19% 2,800 138% 138 % 303/g 29'ft 30% 19% 193ft 193ft 19% 193ft 80 2,100 48,400 293ft 140 98 71 % 19% *75 37'ft 8% 8% 31% 293ft 140 13,100 70% 303ft 80 1,900 15 91% 30% ' 68% 29% 22 7,300 70 24 68% 140 37 *97% 6,600 95ft 30% 24 69 *75 14% *90% l3/8 40 23'ft 24 68 140 37'ft 98 9 683ft 23% x29% 15 91% 1% *39% 23 5/a Prop__No par 1 1% 68% 31% 100 13,700 24 31% ._)00 38 7/8 67 31% (H 38% 23% 32 Bay & Western RR 38% 31% *31% 293ft 19% 700 2,700 31'ft Nopar 25 37% *97% 5 5ft 30 % 31% 77/8 Co 9jJ *5% 30% 8% 8 8 37% 200 5% 30% 8'ft 8 73/i preferred Inc *90% *97 1 com Ry Co -No Par Sugar com—No par Co 5% 30 38 3/4 I 5 'ft 40% Green Greenfield 38% 109 5% 14% Green L) 30 3ft *106% 109 393/4 preferred 17 30% 5'/2 10 preferred T) a new *107 common—12.50 preferred Gravson-Robinson Stores 54 2 P_— 33ft% 19% Nov 27 9 & (The) Steel cum 56 Nov Co M S 27 52 Inc Graham-Paige Motors Gran by Consol Grand 69% 5% No par 30% July 12 9 70% ] 08 r% *53/,, No par 1 July 69% 108% Nopar 29% July 24% Sep 69% No par Hosiery *138% *75 140 80 138% *75 140 80 *75 9,500 310 80 29% 295ft 29% 29% 29% 29% 29 % 29% 8,900 22 22% 22% 223ft 23 23% 23% 23% 2,500 19 July 19, 1954 and Financial Chronicle... Monday, The Commercial 20 (264) LOW AND HIGH SALE STOCKS Range for Previous Range Since Year 1953 11% May 21 14 Va Mar 7 96% Jun 22 30% Jun 2 Grumman 3% Feb 2 Guantanamo 87% July 31 95 % Jan 7 90 y2 Jan 19% July 28 28 Va Jan 29 22% Jan 11 4% Jan 4 4 Aircraft Corp 4% Dec 31 8'/« Jan 9 26% Dec 29 38 Va Jan 5 26% Mar 29 33% July 13 21 5 68 % Jan 4 80% July 16 $5 66% Sep 77 45% Jan 4 60 Va May 20 Oil 14 50% Mar 27 Gulf 41% Sep Gulf States 22 28% Dec 16 1 103 y2 Jan 16 24 105% Jan 8 103 May 105 8 105 Jan 15 5 35 Jan 27 41% Jun 1 28 30 20 Jun 90 July 92 Jun 97 July 2 Jan Jan 29 July 34 100 y2 May 26 104 26% Jan 25 Corp 77% 77% 54% a 54 78 54 100 100 .-100 106% <105 Shares July 16 July 15 12% 12% 45,300 12% 40 4% 4% 4% 33% 32% 32% 78% 79 % 79% 80% 53% 54 53 Va 53% 27,400 1,900 15,000 1,100 18,700 321/4 w,. in_ 29% 33 54/8 32,4 96 28 Va 32% 32% 323/4 5,100 <95% 33/4 *103'/2 103 % 105 1071/4 107 Vt 107% 50 *105 *27/4 105 106/2 105 *107 . 107>A in7>/ 96 28% 4% „91/ 96 28'/a 53,4 32 /a *22/z 222,/ 107 107,4 105/2 105/2 32% 33 *103% 105 106% 106% —No par the Week Friday Thursday 12 y« 9b 32 /s a Sales for PRICES *78% 78% .. preferred $4.40 dividend preferred $4.44 dividend preferred 10 33% 28 % ,4 /a 33 /2 27 /4 4/» 32% Co— Utilities $4.20 dividend 106 % Mar 26 27 /a 5 *94 27% 96 *94% 32% <77 54% I -—No par Wednesday July H 12 12% Tuesday July J3 27% *4% com-No par preferred Common- 21 108 y2 Feb 5 Sugar Gulf Mobile & Ohio RR 2 Jun luo 1 1 - 13 96 11% <94% common___3 Greyhound Corp (The) 4%% preferred 4 14y« Dec 2 12% Jan Par EXCHANGE Highest Lowest Highest Lowest Monday July l'i YORK STOCK NEW Jan. 1 6 RECORD NEW YORK STOCK 106% 105 106 % 50 H 32% Sep 36% Mar 15 23% Sep 15 16 Jan 2 30% Dec 30 29 Va Feb 2 48'/a Jun 18 Va Dec 31 17 y8 Jan 13 20 Vb Apr 11% Aug 27 14 23 12% Mar 61% Dec 30 71 Jan 30 63 y2 Jan 5 70 15 16% Jan 5 12% Jan 4 20% Jun 105% Feb 10 105 % Mar 9 15 31 Feb 2 9 145 Feb 2 26 Vh Aug 13 12 Va Sep 100 Jun 22 % Sep 131 July 22% Dec 29 4% Sep 14 31 % Dec 24 11% Jan Sep 21% Dec Vb Jan 32 Jan 11% Feb 8% Mar 12 Mar 9 23 18r/aJan 29% Jan 2, 5 85 Nov Jan 7 22 98 5 21% Jan 26 5 14 Mar 11 113 38% Mar 13 35 20% Apr 10 74% Jan 6 126 % Jan 17 Jun 9 121% Feb 2 38% Jun 18 37% Sep 15 44 % Feb 4 53% Apr 14 14 12 '/a Sep 11 5 30% 26 54% Feb 16 11 32% Apr 13 Hewitt-Robins Inc 18% Apr 21 Heyden Chemical Corp common—1 ' May 11 4 78 Apr 8 5 89% Apr 15 1 28 6 20 Dec 81V2 Jan 10 16 18% Mar 22 31 10% Jan 9 Mar Hilton Hotels 4 6 5 Jan 19 11 17 % Mar 23 14 Jan 4 18 15 28% Jan 2 25 y4 Jan 5 27 41% Mar 10 33 % Jan 4 4J%aua Oct 5 Sep ?2 Jun 103% Oct 7 Sep 32 2 4 12 103 22 Mar 25 4 17 15 36 y4 Jan Jan 7 18 70% July 14 57'/2 Feb 24 93% Feb 3 84% Jan 6 July 17 99% Jan 5 94 y2. Jan 4 96 Jun 19 103% Jan 13 Feb 17 22 Jun 22 29 '/a Dec 24 28y8 Jan 11 101 $2.25 Apr 12 3%% 23 4% 96 Oil Howard 17% Jan 7 15% Jan 6 18 21% Jan 6 liy2Jan 4 15% Jun 14 Dec 29 9% Sep 14 May May 25 15 % 50 35% 35 Va 58 58 ——100 — _100 —100 No par (Del)—25 1 & Power of Texas , 91 Va 91% *101% 102 *103 105 35% 35% —100 74% 17% 13% 3% *8% Min & Sm Ltd—No par 47% 8% 47% 20 20 2% 26 % 2% 26 Va 49% 49% Co Stores Sound Corp—. Co 1 ' 2 Howe 5 4% Jan 2% Mar 25 Mar 11 8 15 — Light Houston 101 123 122% preferred 4.407«? Houston 8 79 preferred 77 75% *100 No par —3 common preferred May 21 64% Jan 15 pfd ser B *5% 17, *26% 40% 27 41 67% 87% _5 No par preferred 37% July 16 J"n 2 105 1 Sep 2nd conv 102% Jun 86 54 Co com : Household Finance common—No par 33 9 July 20 «-uip Houdaille-Hershey 30 91 Oil preferred 6% 40% Hudson & Manhattan Common—100 — 76 69 19 Va 19 Va *103% 31% 293/4 6% 123/4 12% 12% 4% 4% 4% 4% »43/4 19% 19% 22% 22% 22% 34% 34% *94% 96 % *94% *122% *94% 96% 30 21% 21% / 1,400 36 36 96% 16% 16 V* *16% 86% . .. 403/4 403/4 31% 31% 31 15 3/8 16 15% 15 %v *70 70% 70% 85 85 85 85 27% 28 27 27% 26% 9% .10 133/8 13% 5% 5% 173/a 17% *26% 27 *26% 70% ♦70 /■- X 9% 403/B 6,700 66% 65% 40 Va 66 Vt 64% 65 1,600 3,400 76 78 78 *100 101 *100 101 124% 124% 123% 124 % *126 129 15% 15% 15% 15% 15% 15% 35 Vt 35 35 66 6734 *35 *35 35% 67 70% 683/4 70% ->■ . *92% 93 *92% 93 92% *101 % 102 *101% 102 105 *103 105 *103 36% 373/8 8,700 73 74% 2,200 17% 17 17% 13% 143/4 14V4 14%i 3% 3% 3% 13% 3 % 3% 14 Hudson Bay 12% Dec 29 19% Jan 8 13% Jan 14 20% Jun 14 Hunt Foods 2% Sep 14 5% Mar 19 2% Jan 11 3% Feb 3 Hupp Corp 18% Sep 15 20y2Jan 4 28% July 15 Hussman Refrigerator Jan 4 51% Apr 29 Idaho 49 48% 49% 49% 24 48 Va 49 49% Jun 48 Va 9 Illinois Cent RR Co com new_No par 48% 43% Jun 58 58 58% *57% 58% 58% 59 50 No par —50 *57% 47% 48 *47% 48 48 51% *50 % 51% 52 52 *51 52% 53% 53% Co 105 75 *17% 48% Apr 5 60 200 101% 101 % *103 37 Va 17% 13% 8% 47% 500 16,000 93 36% 76 17 13% 3% 440 6,600 74% 36% 35% *75 4 Jan 79% 78% 79 101 38% Jan 24 100 40% 66% *100 17% 20 26% 40% 2 6.66% 1 No par 400 1,100 17% 26% 40% 40 Va 59% Feb Inc 1,100 12,200 53/8 *17 17% 27 7 preferred 9% *5% 5% 100 300 15,200 ^ 14 Va 9% 14 14 18 noncum /10.700 85 27% 6,200 v 70% *84 16 5% 100 31% 15% 14% 200 1,100 53% Oct 9% July 16 1,100 2,700 - 403/4 *523/4 7 Mar 25 87% *523/4 54 30% 100 124 53% 3'/a Nov 7 ? 40% 36% Oct 14% Mar 11 900 16% 86% *123 124 *123 —- 31% *52% 5% *103 ,. 105 35% 36'/a 76 76% 8% 47% *19% 2/a 26 /2 34% 86 Vt 40% 40 % *17 91% 91 % *101% 102 13% 3% *36 124 1,300 34% 35 16% 86 23 86% 87 %'"< 86% *16 Va *9% 66 66 ' 75% 76 *100 101 *120 123 r 15 V* 15% 35 35 % 58 % 65 % 22 36% ♦36 20 22% *84% 36 3/4 87% *34% 22 — 7,100 4,400 4% 22 *84% *84% 21% ' 2,600 13 193/4 19% 22 % 3,100 36 12% 19 % 15,200 6% *35 36 *35 36 6% 10 30 29% i 80 5,900 323/4 138 12% " *17% 32% 30% *6% 110 3,400 104 138 6j/8 *35 6% 17% 27 40% 14 3% 32%; 138 *136 30 Va 13 17% 31% 32 138 103 % 104 6% 13 12% 17 '•■26% 12.oO —No par Mining 16 69 19 % 9% *. 9% 9% 1 < 16 69 28% 16 85% 13% *5% 10 30 16% Apr 26 35% May 25 48 y2 Jan 5 Sons & (A) $4.20 .div 124 >/a July 14 1374 Jan Dec 29 80% Jun $4 25 108 y4 Jan Co Electrochemical Hooker 116% Mar 19 13 iiimoxuiu 29 jun *9% 5 Hoinestake 7 Mar 31 bu 95% Jan 4 Feb ,Jan 57 26% 1 Holly Sugar Corp common 5% conv preferred 78% May 26 5 56 y2 Jan 31 102 16 12 Dec 64% Jan 58 47 55 5 Hollander Apr 27 30 Dec 32% Dec Corp Holland Furnace May 18 7% Jan 84 (Charles E)__„ Hires Co 18 14% Mar 19 7% Apr 1 15% 71 84% 27% 14% *70 $4% cum 2nd July 15 53 31% 16 69 104 % - 16 85% ,*122% 124 40% 40% *52% 53% 31% 31% 14% 15 ; *70 71 84 84 26% 27% ' 40% 53 preferred series A 100 pfd (conv)__No par 3%% 10% Jan May 13 9 12% Mar 11 4% Dec 30 42 123 Jan 8% Sep 90 123 40% Motors 5%- 43% Mar 31 14% Jan 15% Jan Sep Mar 16 125 68 2 25 86 7 Feb 10% Dec 16 85% 2 91 14 16 No par 18% Feb 14 72% Sep No par 73% Jan. Aug 19 *35 * Hercules Powder common preferred —100 Hershey Chocolate common__No par 4%%» preferred series A——50 52 Mar 27 29 23% Sep 6 'Jan 21% 35% May 28 89 , 153/4 *103% 34% 96% 21% 36% 26 Va Jan 3 48 Vt Jun 62 . 13% Mar 12 68 34% *94% 21% *36 34v2 95% 21% 2,200 15% 69 18% 87% Hercules 94% Jan 15 *84% 87% 34% 95% *84% preferred 3%% 800 18% 19% 22 % 1 19 21 60% Sep 19% 22 % . 15 > 9 22 Jan Feb 19% 22 5 Co— Glass common 17% Jun 34% Jan 97 ? 19% 22 Co 3,700 19 18% 12% 4% 36% Apr 22 20 26% Feb 12% 4% Hecht Jan Apr 2 12% 4% 10 ■ Jun 14 12% x4% Hazel-Atlas May 21 31 29 6% 37 300 46% 183/4 15% . 6% <35 30% 413/4 46 69 30% 6% 36 of America common 1 preferred ————50 Corp 22% Feb : 91 13% Dec 29 18%- *136 138 *136 138 *136 10 —_—100 Heinz (H J) Co common 25 3.65% preferred 100 Helme (G W) common— 10 7% non-cum preferred— 25 89 ,35 34% Dec —-100 -— & Marx 41% 19 41% 46% /47 18% 32 31% 32 31% Hayes Industries Inc ,————1 Hayes Mig Corp_ — 2 24% May 24 31% Apr 21% Dec Co $4.25 pfd__No par Refrac com——15 A) preferred 4%% 28 0 15% 15% 68% 68% 18% 18% 103% 103% 100 2.50 - 28% 6% *35 Hat 14 ! 21% Jun 25 4 Mar 6% com Co— Paper Hart Schaffner 9 13% Jun , (M Co preferred Harbison-Walk 6% July 12 36% July 4 21 % Jun 87 15 Hanna 30% July 12 4% July 12 21 7 78% Jun 5 8 Jan Watch conv Hammermlll May 13 140 15 23 19 6 17 14% Mar 20 12 Dec Jan 22% Apr 131 May 12 Printing Co (W F) 4Vo 32% July 16 4 24% Jan Hall Hamilton 16Vb May 12 2 102% May 11 7'/a May 20 36 2 5 17 Jan 46% 463/4 *18% *40 3/4 41% *40% *40% 41% 47 47 /4 *18% 18% *15% 15% *68 /2 69 18% 18% *103% 104% 41% 47% 18% *40% 47% 18% —25 5 5 No par Water Oil Well Cementing Hallburton 3 8 Hackensack 900 18,000 3 3/4 9,800 93/4 2,200 47 47 47 463/4 46% 1,800 19% 19% 19% 193/4 *19 Va 193/4 2% 2% 2% 2% 23/4 2% 26 % ^ 2 A 26/2 26% 26% 28% X26 Vt 50% 50% 50% 9 8% 8% 46 Va f 93/8 9 , 500 4,300 4,100 28 I 44 48% Mar 25 40% May 25 56% Jun 42% Dec 16 35'/a Jun 5 50 Sep 2 52 49% Jun 18 44 May 46 50 7 Jan Oct 11% Apr 53 8% Jan 54% Feb 4 11 iJan 84 Sep 1 101 Jan 28 97 Jan 4 Apr 7 165 Dec 23 160 Jun 7 170 35% Sep 18% Sep 15 48 Jan 5 40% Jan 4 28% July 16 29% Feb 25 21% Jan 11 13% July 17 15% Nov 24 15% Jan 5 26 Va Nov 10 25% Jan 4 33% July Aug 13 9'2% Jan 14 19% Mar 11 15 89 % Jan 6 14% Apr 28 271 24% Sep 14 148% Jun 23 21% Sep Dec 1% Oct 5 7 > 25 90 31 Jan* 9 2% Jan 2 47% Jan 7 .77- 1 Apr 6 13 94 Feb *51% 52% 52% *52% 53 *52% 53 *52% 53 53 *51% 53 *51% 53 *52 53 12% 23% 3% 46% 46% 46% No par 130 100 *158 162 preferred 60% 26% 23 3% May 21 "158 162 60% 32% 33 *98 Va 15% 15 303 31 Va No par 164% _100 Int'l Hydro-Electric Sys class A—25 Int'l Minerals & Chemical com—5 ■ 4% preferred 100 International Mining Corp —1 100 31% 165 32 Va 32 Va 33 Va 33 % 93 *90 2% 2% 14% 31% *90 2% 162 162 61% 15 62% 11,000 63% 18,500 28% 28% 19% *19%. 19% ♦ 100 33 Va 33% . 4,100 98% 14% 32 31% 167 33 . *97% '14% 14% 32 Va 32 900 39,800 32% 167 167 10 4,100 15 299%; *295 299 98% 167% 470 32% 32 Va 32 Va *32 Va 32% 200 33% 34% 33% 34% 11,400 *88% 91% 2% 2% 33 33% 93 90 9° 2% 20 163 *158 28% 299 167 33% 2% 100 134% *97% - 300 % 1,700 3,700 2,000 32% :97% 3 i 23% ♦19% .33 165% 60 31,500 12% 47 133 63 27% 127% •*32% 32% 61% '19% 14% 32 * 162 60% 20 3% *3 47 135%, 298 166 33 23% 3%' 133 x97 % 14% *32 Va 23% 47% 1 .4 x32% ; 300 % 165% *3 12 % 47 19% 19% 300 % 23% 3% 27 Va 100 303 preferred - 27% 27 *19% 23% 12% 47 *158 61 19% 12% lJ2V2 132% 33 % *98 Va new_—No par common 27% *131% 33% -100 Harvester 7% 61 3% 12% 46% '47 *19% No par Iron Business- Mach * 35% Apr Jan 52% 12% Int'l 3 1% Jai *51% 23% Int'l May 13 32 % 52% 12% 4%%' preferred 5 Jan *51 *3% Interlake 32% Jun 28% Jan 2 51% 23% No par Inspiration Cons Copper 20 Insuranshares Ctfs Inc— 1 Interchemical Coup common 5 169% Mar 4 Jan *50% 3% 9 16% Feb May 11 27% Jan 159 26% Mar 24 1 76 Jan 39 % Jan 15 27% Sep 33 166% Jan' 48% 51 % 12% 131 6,200 48 Vt *50% 23% 1 11,700 1,100 48% 51% 11% 6% 9 98% July 306 52% *51% 49% 60 48% *3% Inland Steel Co 19% July 14 15 13% Sep 53 3,100 51 48% 50 % 23% 26 21% j3ep 86 *51% 50% *59 48 * Industrial Rayon Ingersoll-Rand common 63% July 16 15 preferred—'- preferred preferred 49% 50 50 Industria Eleotrica De Mex S A 9 4% Mar 15 Jan cum cum *50% :—50 z.—50 4.42% cum 50 Illinois Terminal RR Co———5 Indianapolis Pwr & Lt new—No par 12% July 13 21 new 4.70% 15 151 39 7 A ser preferred— cum 4.26% 5 49% July 2 135 % July 15 56% Jan 23 38% Sep pfd conv 4.08% 15 23% July 22% May 18 2% Jun 30 Mar 16 6% —20 Illinois Power Co. common 22 Mar 54% Apr 15 51% Jan 13 ~6% 30 Juiy 15 48% July 14 51% Jun May 25 52% Jun 21 52 12 .48% May 21 54% Mar 11 48% May 19 7% Jan 27 3% Dec 5 Jan 14 40 •" Jan 4 5y Co Power 2% 91% *88' *2% 100 2% 700 K 34% Dec 28 128 Va Sep 15 5 1 9% Sep 130% Jan 12% Mar 18 47% 9% Jan 15 Jun 59% Nov 16 103 % Nov 16 93% Jun 18 Dec 30 10% Mar 17 45% Dec 29 64 May 29 Jan 6 41 43% July 13 34% Jan 132% Mar 11 ' 10 7 138 14 Va Jun Int'l Nickel 1 July 12 Jan 77% July 15 101% Jan 106% May 19 55 4% May 27 40% May 27 7% July 14 59% July 16 of com Packers International 13% 14% 14 14 Va? 13% 75% 75% 74% 75%, 75% 7.50 Paper common Jun 29 55 44% Jan 11 60% July 6 International 40% Feb 38 Jan 11 42% July 15 International 54 )Jan 37% Jan 4 30% Dec 21 35 Jan 35% May 28 31 20 % Jan 31% Jan 13% Jan 29 13% Dec 4 20% July 16 24 July 12 10 31% Dec 29 Va Apr 35% July 15 28% Oct 8 33 % Jan 31 May 36% Jun 23% Dec 29 30 Va Mar 18 25 Jan 29 % Jun 29 July 12 7% 13% 13% 24,200 76% 75% 77%'' 76% 77% 10,200 104 % *104% 7% 73/8 54% 5334 7% 734 52%/ -57% 7 . 59% 600 42% 3,600 50 2,500 *49% 50 34% *34% 35% *34% 35% *35% 29 % *49% *34% 19% 19% 19 Va 34% ?4% 34 % 34% 200 19% 19% 20 193/4 20% 166,500 353» 35% 193/8 34% 35% 35% 35 Vt 35 Vt 2,400 36 35% 35 Vo 35% 353/4 36 36% 36 Va 36 Va 700 29 % 283/4 28 Va 28% 28% 28% 28% 28% 28% 2,100 12% 12 % 12% 12% 9% Sep 29% Jan 15 11 10 % Jan 12% July 16 Interstate Dept Stores Interstate Power Co_ 3.50 12% 12% 12 % 12% 12% 12% 19 33 V8 Jan Intertype Corp No par 2934 30 Vt 29V4 29% 29 29 29% 29% 16 41% May 21 31% Mar 16 28% July 27 29% Jan 34% July 16 Iowa-Illinois Gas & Elec Co_No par 31% 32 Vt 31 Va 321/4 32 % 33 33 Vt 33 Va 22% Jun*15 26% Mar 16 24% Jan 28 Va Apr 19 Iowa 26% 27% 21 Va 27% 26% 26% 26% 26% 18'/a Jan 20 Island Jan 25 $6 Jun 15% Dec 22 109% Dec 10 3 Sep 30% Jan '130 15 17% Oct Jan 14 14 6 Feb 11 6% Dec 16 25 14 May 12 112% Jun 16 4% Feb 19 May 12 25% Mar 9 19 Jan 6 17% Aug 31 20% Jan 21 82 July 34 120 ;. • 73/8 Apr 26 13, 25% July 13 33 Vt July 8 Power & Creek 1_>. i Jacobs Lake 26 86% Jan 8 95 Vt Apr 1 Apr 43 Nov 6 35% Apr 22 43 % Jan 21 Jewel Tea 88% Jun 19 101 Jan 16 99 16 14 33/4% 57% Aug 3li 74% Jan 2 613/t Mar 31 76 3/t July 8 Johns 50% Feb 9 66% Dec 8 7 693/t July 7 Johnson & Jones Laughlin Steel 4 90 % Feb 9 36 Vt Apr 19 Sep 14 Sep 29% Sep 18 82 *■01 14 font-ni". 24% Jan 5 59% May 193/4 Jan 86 3 853/4 Jan Dec •39% Mar 17 313/4 Jun 4 103 Apr 25 Vt May 28 8 13 5% Pwr & Lt Inc 4% 6% 6% 6% 24% 24% 25 % 233t 32 32% 31% 32 Va 93 93 % 92% 92 % *92 42% 42% 42% 42% 41 Dfd—100 1 *101 —. com. 12% / f% 8,700 *29% 1 29% 1,000 33% 34 V4 10,800 26% 26% 3,700 15 4,300 1434 *115 e% 116% 6% 24 24% 24% 24% 31% 32% 31 31% 93% 93% 93% 94 94 47% 40% 41 % 40% 41% - 3,500 5,000 6,900 ' 102 ■| 101 *101 101 *100 102 753/t 75 Vt 76 75% 6934 69% 69% 68% 69 Vs 24 % 24% 90 33 Va 24 Va 10 24 % 89 Va 90 32% 33% 243'4 *89% 323/t 25 90 " 33 - *89% 33 ~ • 102 *100 102 190 3,800 20 76% 75 76 Va 13,800 69 67% 68 % 700 243i 25 Va 25 25 V4 48,700 89% 89% 8° % 31V, 370 33% 33% 33% 33% 5,900 75% 753'4 69 3 4 100 1 6% 6% 743t No par Corp Joy Manufacturing Co 1 100 preferred series A_; 15% 116% 24% 33 common Johnson 15 *115 15 116% 32% Co_. preferred Manville & *115 24 6% Feb Co 143/4 14% 116% .No par Sulphur 89 Jersey Cent 14% *115 114 I)- Co (F 15 116 1 Jaeger Machine Co Jefferson 143/4 50c common 7 23 Jun 10 Light Co Coal preferred 2,370 42% 50% 25 1 7,900 *58 Vt 42 49 % pfd 500 7% 59% 42% 58 41 Va 50 t 105% Vt 59% 57 41% 49% :i - 7 59' 57% 41 19 % 710 42 57% •> 1 ' 573/4 7% 50 % 34% 11,700 59% 41 Vt 25 43%' 136 104 105 59 3/4 & 135% 57 50 common Telep conv 13 Va 41 Teleg_No par International Utilities Corp 5 cum 13% *58 preferred $1.40 104 % 106 14% 25 . International Silver International *104 Va 433/4 135% 52% ■7% " 43% 43% 135% 433/4 136 No par Shoe 30 50 % 6 34 51% 136 No par Salt 24 36 Va Dec 135 108 104 100 preferred 38 Va Dec 433/8 43% 135% 15 Limited $4 preferred No par Int'l Rys of Cent Amer com—No par 5% 43 % 135% 42% 134 % : International 43% No par 100 Canada Preferred *68% Volume 180 Number 5343 ... The Commercial and Financial Chronicle . (265) NEW YORK STOCK RECORD Continued—Page 7 Range for Previous Year 1953 Lowest Range Since Jan. 1 Highest Lowest NEW YORK ■ 22% NOV i 41 % Nov 4 30% Mar 12 26% Jan 11 49 30 5 46% Jan 4 2 3% May 32% Jan 4 Feb A ' 2% Oct 15 8% Jan 26% Jun 16 33% Dec 14 85 10 95% Jan 13 * 921 Jun Sep 11 100% Mar 98% Jun 18 105 % Dec 92 9 —1 38% 39% 38% 39 50 57% 58 57% Kalamazoo Stove & Furnace 10 Kansas City Pr & Lt Co com_No par 58% 3'A 3% *2% 2% 36% 37% 37% 38 V* 107 14 45% Aug 10 38% Jan 14 16 37 Oct 35% Jan 5 Sep 27 21 Mar 10 July 28 1? 18% Jan 14% Dec 18 12% Apr 23 20 Vb Jun 18 16 14 82 Feb 6 60 39% Jun 25 Jan 15 4 64% Jan 8 39% Jan 20% Jan 11 48 Jan 11 6 Jan 5 24% Jan 13 16 49 % Dec 14 Sep 22% Sep 15 111% Feb 9 24 Jan 22 41% May 19 31 78 Dec 11 95 79% Jan 28 3 1 Mar 17 May 12 Jun 135% J'-ly 27 Mar 19 Apr 14 41% Jan 5 29% Jan 4 31 93% Jan 37% July 13 5 82% Jan 5 97 31% Dec 29 35% Jan 5 30 47% Dec .8 57% Feb 5 37% Apr i ■ .•* 28 46% Dec 31 8 Jun 9 j4% Dec 2 14% Dec 31 46 31 • Dec Dec 51% Apr 24 49% July 4 Feb 9% Jan 5 21 %Jun 28 J 14% Jun 9 1 56 47% Jan 4 19% Jan 5 Mar 12 14 24% Mar 17 47 Sep 21 21% Nov 23 64 86 95 25% Jun 10 Dec 9 48% Jan 22 Jan 18 86 ' Mar .34 ^ 7% May ,M 95 4 10% Feb 12 24 27% Jan 4 Apr 6 15% May 18 1% Jan 7 % Jan 4 1 % Apr 16 14% Jan 6 6% Jan 4 *. 9% Jun 18 $3 15 4% Jan 22 2 Mar 30 3% Jun 18 50c 12 34 14 Jan 36 2 Nov , 4 13 39% Dec 10 82 8 59 July 8% Jan 4 10 Jan "36% Mar 22 Aug 6 6 142% Jun -47% Mar 16 24 38% Apr 56 July 28% Sep 15% Sep 15 27% Mar 27 38% Mar 3 14 21% Feb 64 Jun 17 74 Feb 13 20% Apr 10% Sep 23 29% Nov 27 18 14% Mar 25 26 15 34% Mar 19 85 Lily .. mP}t Tulip Link Belt 25 Lionel Corp 6 4 18% Jan 26 4 Apr 21 37 „ Mar 23 8 Jun 7 15% Jun 35% Mar 26 4 18% Mar 25 10 22% Jan 17 4 26% Apr 14 22'A Julv 6 8 % July Jan 32 97 . May 6 106 % Jan 9 103 July M-r 16 98%.Tulv 99% Jun 23% Dec 30% Aug 5 160 % Dec 14 146% Dec 34% Jun 55 92 7% Oct 14 40% Jan 59% Jan 11 30% Apr 96% Jan 97% Nov 9 45% Jan 15 22 Sep 17 -10% July 18 132 Mar 24 15% Nov 10 29 26 78% Sep 7% Oct 14 87% Mar 27 6% Dec Sep 15% Sep 517 16 8 May 9% Jan 32 15 Sep 30 : 4% Sep Apr 552 9 6 Mar 23 l22 Jan 6% Sep 8% Feb 8 Mar 14 16 28" 25% Jun 18 rii '16% Sep 21 25 Mar 9% Jan 2 July 45 6 20% Jan 81 % Mar 16 7% May 27 5% May 6 4% Mar 10 9 1 Feb Jan Apr 24% Jan Jan 16% Jan 32% Mar 23 95 Jan 95 Jan 20 6 * 104 - Jan 5 25% 25% 60% 5974 60 24% 1,300 24% 24% 24% 243A 2,600 88 86 86 *86 8% 8% < 40% 41% • 13% 14% 13% 88 8% *86 8% 40 10 8% 14% , 8% 8% 874 14,600 39% 40% 38% 39% 10,700 14% 41% 14 4,200 14% 14'A 1 1% 1 1 1% 1% 14% 7,700 3 j 1 8% 8% 8% 8% *8% 8% 1% 3,700 83/a 83/fl 2% 2% 2% 2% 8% 2% 2% 874 2% 2% 38% 38% 2% 37% 38% 38 39 2% 39 39% 393/8 39 74, 167/a 167/8 1674 1674 1,900 800 7,000 i8i/2 i83/4 18% 57% 57% 57% 56% 57% 183/4 4,900 57% 573/4 9% 9% 571/4 9% 9% 9% 9% 93/4 9% 5734 9% 10,800 42% 4274 431/4 2,000 583/s 31,800 ! 41% 41% 41% 41% com—25 57% 58% 57% 58 145% 146 ' . 42 43% 42 56% V 57% 57 533/.. 571/2 146% 146V2 900 6,500 21 145 146% 147 1,000 21% 20% 21 201/2 20% 20% 20% 38% *20% 39% 38% 38% 21% 38% 39 2,900 38% 39% 24% 38'A 39 24% 24% 24% 24% 24% 7,900 24Vb 24% 24% 24% *75% 78% *75% 78% 36V* 351/4 3674 80,400 117,100 *77 79 *77 79 *77 79 2,700 1 347/a 35% 34% 35% 34% 35% 35"% 15% 15% 15% 16% 16% 16% 16% 16% 16 161/4 46'A 44% 45% 44% 45% 431/2 44% 26 25% 10,500 26% 26% 26% 26% 27 36,700 10 43'A 44 44% 10 25% 26% 25% 100 112% 112% 112% 112% A—_No par 24% 24% 24% 24% 24 24% 24 24% 10 21% 21% 21% 21% 21% 37a 21% 21% 21% com 106 % - 144% 38% *100 372 100% 100% 227/8 22% 144% 100% 1,000 21% 21,200 1% 510,100 32 99 700 24% 21% 106 *98'A 114 *24 % *105% 99 100% , *113 *1051/2 106 99 1,140 99 130 *100% 100% 1001/4 IOOV4 25,000 22% 23Vb 22% 22% 18,200 23 143'A 146% 145 146 *14634 147% 540 45 45 45% 45% 46% 47 47 46'A 46% 75% 38% 75% 2,100 76% 74 75% 38% 75 75% 74% 743a 6,100 38% 38% *100 102 41% % 113 106 144% 145V* 113 *105% 22% ' 113 .*98% 98% 23 *44% 75 106 98% 100% 22% *111% % 105% 98% *100 100 372 . 106 *98 com—1 A_ 42% -_5 38% *100 102 42% 42% 38% 102 42% 38% *100 42 %| . 102 42% 37% 38% *100 42% 4,600 102 42% 42% 1,900 18 Sugar Mandel RR 5 4%% 9% 4%% 2,500 Co Mar 12 lo 45% Feb 17 Masonite cum 89 Apr $3.40 cumulative 47 15 Feb Jan 18% July 40 % Jun 4 19% July 50% July 7 ]p%.T«»n 2 22% Jan 17 43% Jan 1 Mavtag Co 9 9 $3 18 14 15% Feb 4! 12 Jan 4 75 Jan 4 88% Jun 68% Jan 8 97 , 14% July 16 8 26% Sep 22 35% Dec 1 52 17 71% Jan 12 2 39% Dec 3" 4 53 % Jun 30 McGraw-Hill 4 67 26 43 26% Jan 21 18% Jan 22" 11% Feb 19 29% Dec 18 27%; Jan 4 13 86% Jan -4 26% Jan 2 27% Feb 16 11% Dec 30 14% May 22 11% Jan 4 Aug 19 50% May 21 Jan 4 47 McKesson 24% Jun 4 14% Jan 14 25 28 McLellan 13% July 16 38% July 16 99 4%% Stores Shoe Mengel Co 5% 7 15% Feb 18 18% Jun 25 Mercantile 25% Jan 5' 17% Jun 28 22 26 Merck 88% Apr 29 4 89 Oct 27 5 92% Jun $3.50 10 111 Jan 20 98 Jan 4 106 Feb 8 $4 91% Sep 21 97 Nov 13 95 Jan 7 105 Apr 19 26 Jan 4 37 21% Jan 13 & 25 Sep 15 31 Jan 30 22 ,Jun 16 31 Nov 5 % Jun Dec 29 39% Jan 28% Jan 4 Jun 11 98 % Jan 92 Jan 5 95 Sep 14 104 Jun 14 88 Jun 12 93 % Jan 92 Jan 15 84 July 3 93 % Feb «9 Jan 6 May 21 18%* Sep 14 107% Feb 105 Jun 1 Feb 29% Mar z2 Vb Feb July 13 28% Jau 29 28 86 91% Feb 4 1% July 14 36% Jun 100 Feb < 253/8 26% 16% 16 16 2174 21% .21% 21% ,22% 22% '22% 46% 46% 46% *110% ' 111 21% 21% 24 24 4674 4774 110% 110 21% 47% 11074 *110% 34% 93 33% 34% 933/4 94 250 280 34% 34 34'A 34 % 93 93'A 93% 93 *41% 1374 88 *93 94% *84 86 *93% *84 19% 94% *93'A 94% 86 *84 300 10,400 86 19% *19'A 19% 191/4 1974 50 *49 50 49% 49% 50 50 18 18% 18 18 18 18 18 1,200 19 19% 19% 19% 18 20% 20% 203/4 5,200 42% '42% *41% 1374 19% - 1974 *42% 14% 86 42% 14% 14 14% 88% 88 88 95'A 96% 96% 97 96 97 _5r 50'A 50% 50% 50% 50 50 64 64% 63 63'A 62% 62% 41% 41% 41% 42% 42% 42% 23% 24 24% .24 ' 24 12% 13% *1274 13 13% 37% 36% 36'A 36% 37% *96% 97% 97 97 } 13% 37 96 *96% *49% 62% 42% 2374 13% 37% 43 *42% 14% 86% *85 96'A 50 QS *49% 300 43 14% ,„ 957-4 210 3,700 50 600 62 34 63% 2,200 43'A 4274 43% 23% 2438 5,900 3,000 24'A 13% 13% 13% 2,400 3734 3874 4.700 *98 98 98 99 250 30% 3174 x30% 30% 30% 30% 30% 30% 30 30% 7,100 13% 13% 13% 13% 13% 13% 1374 13% 137a 133/4 5,900 *48% 50 *48% 50 48% 48% *48% 50 3% 18% 18% *17% 18 17% 18% 18 18% *18i/a 18% 19 19% 19%' 19% 19% *8774 *103 19% 18% 19% Co 10 13,600 87 62% 38% 98 I 14% 1,800 preferred—50 1st Inc.— —No par *8774 18% 88% *8774 *48% 50 *87% 88% 103% 88% " 103'A No par 104 104 104 104 No par 100% 101 100% 100% Co—-No par 36% 36% 36% 37 36% 3674 24% % 25% 25 25% 25% 26%*, Merritt-Chapman & Scott 12.50 Rights Mesta Co —5 11 74 *100% ||i *33% 34 pfd—100 *97 99 *97 *104 106 *104 106 *96 97 *95 13 99 97 4.35% preferred series 100 preferred series 100- 33% 33% 8 3.85% 3.80% preferred series 100 4.45% preferred series 100 *105% 107% *105% 27'A 27% 27% 27% 33% *98- *93 95 95 101 *93 95 *105% ' " 27% 10074 *36 88% 104 19 *87% *102% 20 2,200 32,500 88 34 104 700. 100% 100% IOO1/4 290 36% 35% 35% 1,000 26% 1% 25% 26% 47,400 1% 26% 1 »lo 1% 178,900 34% 3 4 74 35% 35 35% 2,400 98% *104 98% 99% 99% 99 *104 ,106 967i 96% 107% 5 — 3,800 111 19% > *88 24% 10,400 17,700 50 . * 42'A *84 94 86 93% 1 500 23% 93 94 130 122,900 21% 22%' 33% 86 95 23 46% *110% 21% 46% pfd— Copper *94% 26% common—16%c Mergenthaler Linotype Miami 1,300 1,700 5,200 1 Metropolitan Edison 3.90% 2 66 48% 3074 16% 14 n 6574 48 30 94 Feb u 65 48 _1 2 May 14 29,200 25% Apr 2o % J 15% 16% 98 109 153/B 2^% 97 ■ 1,500 14,800 15% 473/4 29%. 93% , 1,300 8% 2574 ■ 95 preferred Machine 273/4 874 25% 16% 50 10 2774 1,000 gs/8 94% _1 4 108% May 19 ' ' 10 600 . 25% 24% 18 common Inc 2nd 2nd 64 1 preferred conv $4.25 30% _5 Inc„ 28. ... 16% 19 L Mines 25 15'A 65 48% 29% • 10,000 574 24% 18% 13% 47% *5% 94% 1 8% *87 63 47"% 5% 24% 19% 50c 63% 30% 4% 83^ 15% 30% 4% 28 8^ 25% 14% 14% 4% 5% • 28 , 24% 47% ' 50% 1 «8s/8 " 1974 94% 3 Corp.. Stores Co 63 28 334 - 120 500 46% 1774 common 28 25 19% 16% 19% ... 5% 43% 500 30 94% *49'A .No par (1st series)—100 convertible 19% Jan 14 61% .No par 1 5% 19% 505 4% 34% 94 *84 5% J4% 111 *93 !No par.... 11,700 43% 19% *495'/a 1 22% 31% 5 44% 42% 19% 505 24% 111 100 1,500 4% *85/B 95 24 - 6% 4% 24% *92% -No par Co (The) 61% 87/8 47% preferred—100 Robbins preferred Melville , 14% Corp common 15 Jan 14% _5 7% 6% 4% 28 25 series.No par McQuay Norris Mfg Co Mead Mar 26 31% July 8 13% July 16 49% Apr 14 & 27% »8% —No par Publishing Mclntyre Porcupine 27% *73/8 7 -*4% ' ' 5% 24.% 8374 7% *6% 42% 18% *495'/» 83% *7% *4% .• 47% —! 30 *5 , ~ _1 —No par Apr % Jun 4% 42 19 83% 7 6% 510 * 7% *7% ' 42% 18% *491 31% Electric Co 33% Jan 29 28% Mar 19 McGraw 19% 22% Corp 84% ' 41% 41% 500 4% 1 pfd convertible 54% Jan 11% Dec l" July 13 833A 46% 1947 preferred 37'A Apr 21% Sep 83% Oct May $2.50 84 *83% _1 preferred 3%Ve 84 i8% 100 common— McCrory Stores 24 84 47% ! McCall Corp McCord Corp common— 22 2474 *16% 21% ; pfd 24% x30% preferred—! Stores common Dept 24% 40% 50 conv $3.75 24 Corp com—J_5 $3.75 preferred May 24% 6.25 No par Mar 11 24 *491 No par Co—-- Chemical 98 24% 10 Corp Electric 24 7% CO—— 97% Mar 29 92 Jan' L) 3 7 30% Feb 8 (Glenn 5 20 21% Mar 25 26 24% 6% — 7,300 173/s No par com/. 10 56,600 18% 8% 1 500 18% 18 83% 5 & 42 128% 24% r..„,„^.No par Field 9 18% _1 preferred 42 *126 17% *7% Marquette Cement Mfg Co Marshall * May 12 9% 41'A 1281/2 18% 7% (conv)—- 9% 41% *126 17% 6% Co— 9% 41% 128% 18% 6% Shirt preferred 9% 41% *126 *71/4 Marathon July 16 48% July 14 31% July 8 9% 41% 127 No par Maracaibo Oil Exploration—. Corp 4— Marine Midland Corp common 24 9% *41% 127 _No par Co__ Bros Manhattan 9% 41% 127 17% 50 Mahoning Coai Manati 91% Jun Jan 9 41% *125 10 26 Feb 5 common—10 Magma Copper —J—— Magnavox Co (The)———', 92% Jan 17 Vb Jan Mar 16 73% Mar 12 99 13% 54 25% 60% 9% —— 34% July 15 Jan 83 105 9 *52 25% 61% 24% 24 39% 54 25% 61% 88 8% *52 25% 57'/i Square Garden 4 28 21 15 May 24 *86 39 Macy (R H) Co Inc com_.„_No par 4%% preferred series A___ 100 25 95 4 85% Nov 24 57% Sep Sep 24 88 54 5,300 11% 7 i-_ 4.25% 15% Sep 24 i 11% 10 Inc— 2 5 80 Trucks Master 95 61% *86 100 Mathieson 24 25% 61 11% 18% — 4 18% Dec *52 54 25% 11% 16% Forbes 2 Sep *52 :.t 18% Working Co_ & 49% July 112% July 38 5 12 <17 Wood 21% July 33% July 62 lo 24% Jun 18 30 * *613/e 11% 16% series 4 16 5,100 8,200 18% & Sons Inc 16 16 42% Dec 82'/a Jun 46 (M) Feb 21% Nov 110% Jan 29 4,400 100 Jan 11% Dec 15% 50% 493/4 16% Martin-Parry Corp 2 72% Dec 15% _10 Martin 27 15% preferred— 18% Apr 41% Nov 15% common- 26% July 16 52 15% 372 1 , 2,100 15% 49% 47% 16% (Mdi 4 4 1,900 22% 15% 11% 15% 52% 25% Corp—: 8 29 334 22% 15% 15Vb *50% .24% 2.50 13% Feb Dec 3% 22% 30V8 50'A 471% 3,100 16% Jan Sep 3% 22Vb 30% 49% 47 . 4,600 5 15 *3% 22'A '.30%' 50% 47 45% 2 45 3% 22% 50% 46% 45 14% Mar 20% Sep .14r 11% *3% 11% 3% 22% 50% 46% 45y2 25% Feb 2 19,400 3% 50% 46% 45 14 15 30% 190 45 29 July 140 443/8 Dec Sep 18,400 83 E preferred Mack 66 12 8? ,83% Jun „ 31 Vb . 82 Sep - 30 931/2 82% Co Feb Jun 29 25% Mar 19 42 16 M 6% 9% May 18 8 88% Mar 18% Mar 20 19 15% July 15 * 9 & Madison 28 4 55 10 33% 82 3774 82 Magic Chef 5% Jan 12 4* 27% Jun 31 ' 82 37 *92% 82% ' 22% Ja 58 75 (P) 5% Jan 4 15 15 g23/4 22% preferred—_—..100 D preferred 100 series 15 530 7 52% Jun 30 377/3 923/j 145% Co series 28 4 17% Sep 373/3 92% 18%. preferred—— MacAndrews 44% July 16 19% July 15 11 98% Jun 82 37% 92 3% rights 8% Feb 4 July 3% Jan ■4 Jan 34% Aug 28 81'A 36% No par 8 Vb Jan 4 16% Jan 499 M 8 18% July 14 24% July 16 85% Feb 1 4 25 % Jan 22 Mar 132% Jan 12% May 10 9 4 22 Jan 16 82 37"% 92 100 81% Lowenstein 7 10 *81 % 36% 92 50 1,900 145% 4%% preferred Lukens Steel Co— 19 12% Jun 82 82 1*33 82% 23 12% Jan *16% 33 33 443/4 12 5 8 27% 33 *32 145% 25 2 15 26 34 33 1,300 81% Jun Jan Sep 134 44i/8 Jun 13% Dec , 134 26 83 44% Apr 10 80 134 25% 44 101 11% Jun 22% Sep 4,400 *133Vi - 25% 43y4 22 Apr 122 8' •' ; 134 *25% 82% 27 40% July 12 22% Jan 15 3% Dec Jan 9 29 15 8 24 20% Dec 21 *130% , 25% n% preferred IOO Louisville Gas & El Co (Ky)_No par Louisville & Nashville——— 50 July 15 76% July 13 68 *3% 7% 47 67 100 40 38% Mar 25 Mar 20 Feb 125 15 *23 Ve 67 5 series B 4.35% 23% 66 18% Tobacco Lumber Lorillard 8,800 23 66 M 12 45 Jun 153% Feb 5 2 8 - 22 Jun 67"% Jan 23 41 26% May 18 23 65% 11 % ——_5 Aircraft 4.25% 23 22%, .22% No par conv 5% 1 2 20,400 43% 23% ; ■ ■ 10 (The) Common 2 July 1 42% Dec May 25 36% Sep 99 84% 16% Long Island Lighting Co 100% July 13 21% July 137 106% M-^r : 0 17,500 841/4 42% 50 46% 1 Co T,«ng Prll 3 30 35 % May 25 Sep 30% Dec 4.75 2274 85% 44% 49% 46% -25 Corp Apr 115 22 »/8 84% 43% 33% No par common 27 4 22% 84% 43% 16% Cement 4 103% Jan 22% 84% . 18% Gas 23 % Jan 5 22Vb 800 _L5 Star 15 Aug 3,400 42% —_—_No par Star Apr 3,700 15 *41 33% comm°n-3 100 Lone 11 26 110 22 14% 36% 5 Lone 28% Jan 16 15 14 21% 14% 7,200 No par Loew's Inc 21% Oct 82 22 14% , 561/4 Corp—l—No par Cup Lockheed 21% 55% 66'A *32 -1 50 1 16% July 13 42% July 9 103% Jun 23% Jun Oil 15 41% 21% 21% 14% 56 93 36 Lion 6 50 55'A 23 25% 33 *92 Liquid Carbonic Corp com—_No par 3%% convertible preferred 100 76 11 13% Jan Mar 12 25% 82 10 25% July 12 Jan r 6 133 *32 100 41% May 21 5 .Jan Jtilv 300 43 Vb 131% Co 22 Apr 104 41% » 21% • 131 23% 66'A 25% 1 « 45% July 15 15 22% 66 66 *131VA 2nd Myers 4 15 23 *23 No par Corp 2 21% 21% . 84% Libby—__: Liggett & 29 * 15 22% 100 V;? «e"frFord Glass Co McNeill & L fe Savers 42 44 Products 164 30% Jan 67 L bby 55 *41 84'A Fink 67'A Jan 2 20% May 4 6 25 54 41% 21% 43'A Corp 43% July 14 54% 40% , 85% preferred—No par pfd No par (The)— _• 1- & 54% • 21% 15 22% 1st noncum 23 Mar 56 9' 4 39% Jan A 171% Nov 5 Sep noncum Lehman 21% ' No par .- Werner Stores Corp 10% Apr 40% pfd-75 Pesos Mex 20 1 54% 40% 1 .• (The) 4 34%'Jun 10 63 J Dec 29 35% Sep 19% Feb 2 Feb 53% , 44% '7 16 Vb Jan 22% Mar 17 42% Feb 104 No par Lehn 14 Jun Co 18% May 24 29 1 05% *103 10 4 * Dec 155 15 40% July *104 74 104 84% . 15% Jan 8% Jan ^ 4 *102% 105% *103 common 18% Mar 27 33% Sep 16 Jan 104 *104% No par Lehigh Portland Cement-^ Lehigh Valley RR Lehigh Valley Coal common 22 30 *102% 1 „ % Dec 100 97 104 Navigation Co 41% July 13 13 *95% 105% 43% (cum) ?oi«mes), Sons Co i preferred Lehigh Coal & T 97 103% »0h7, Lee Diw Rubber & Tire- May 10 *95% 5,900 103% in 24% July 16 96% *95 2,200 38% 38 *103 i-lfw S P™ * 38% *104% I1!/ J?ryanr cor'lmon— 6 38% 9,800 2% 104 4 Co *2% 105% common & 2% '<• 104 2.50 (The) n m 1% Dec 33% Dec H) Co 57i/4 ->2% 38% *103 *s. 22 6% Dec ' (S F Lamber* 25 Jan 20 22% Jan 29 Kress Kroger 6 May 25 23 Feu 16 67 7 Feb 24 51% July 27 % May 7 3 11 % Jan 23 Jan 29% Feb July 14 7% Oct 8 58 57% 2% 38 Vb *102% Kresge (S S) Co! 1)6 38% 57% *23/8 > 96% No par preferred 11% May 24 5% Feb 18 3% May 27 25% Aug 20 18 % Mar 18 * Inc 58 31 Vb *104% preferred—„_No par Co 57% 38% 103% 5 L * 18% Sep „14 18 42 preferred prior 4% 34% Jan 23 48% Feb 7 5% Feb 28 19% Jan 10 July 14 $5 Koppers May 20 Shares 36% 105% _-_l _ Kinney (G R) Co 13 *95 38 104 8.75 „_ "King-Seeley Corp Apr 29 86 96% 37 % 103% 50 County Land Co Keystone Steel & Wire Co Kimberly-Clark Corp com_ July 16 the Week *102% —No par Kern conv Friday July 16 July 15 *104% preferred Kennecott Copper 4% July 14 > Power & Light Co (Julius) & Co— Hayes Wheel—— Kayser July 13 100 —— non-cum * 100 —!—^ City Southern— 'Kansas *95 preferred——______100 preferred 'Kelsey 1 39 6 100 * preferred 4% 23% May 17 68% Jun 30 28% Sep 81% Dec • cum Common 24 (conv% preferred 4.50% 85% July 9 49% May 21 4 3 Vb preferred 4.2C% 9 22% July 12 4 Jan 24% Feb 16 101 Mar 31 42 21 1 15 Nov 4% 56% July 16 May 13 22 July 15 . 37% Oct 21 3.80% 15 104% Aor cum Kansas 17 t 104% Apr May 26 36% Sep 32% Jun 13% Sep 59% Sep 5% 18 97% Mar 18 7 102 2 3 % Jan 12 104% Jan 16 Jan Corp ' " * Chem & • 38% July 14 28 . • K Kaiser Alum 1 58% July 4 Apr 100 40% July ' Sales for Tuesda^ ^"w^dSSdfy ^ ?E Thursday ' Monday July 12 EXCHANGE ' * STOCK Par Highest 95 107% 28 97 '93 107% 28 106 97 95 107% 28 Vb 1A *104 96% 90 106 70 96% *93 95 *107 108 273A 28 20 , 10 2.800 For 'nofnni»~ I 21 Monday, July 19, 1954 Commercial and Financial Chronicle... The 22 (266) « NEW YORK STOCK RECORD Range for Previous • Lowest 90% Jun 27% Mar 9 26% Jan 32% July 46% Jan 22 22% Jun 9 29 % Dec 14 7 30 Feb 139 7 21% Oct 9 16% Jan 26 24 Nov 20 8% Dec 31 19% Jaii 2 Midland 24 25% July 21 % Jan 24% Mar 20 3 Feb 13« 126% Jan 9 125% Oct Middle 53% Feb 42 6 60% Dec 3 11 8% Dec 29 Oct 69 104 Jan 22 4 28 19 Jan 11 99% Jun 26 70% Jun 102 29 71% Jan Minn 1 $4 13 Apr 12 1 88 Jan 5 26% Jan 22 19% May 26 21% Jan 21 23% Feb 1 15 Min 17 21% Dec 18 34% Mar 25 27% Jan 4 34% Mar 30 Mission 14 23% Mar 25 15% Jun 29 19 % Marl6 Mission 10 41% Mar 17 37 Jan 6% Mar 12 4 % Jan 4 57% Sep 15 70% Aug 33% Sep 15 58 % Jan 44% Jun 4 31 22 Dec 13 31 Jan 15% Sep 79 Sep 6 61 40 Jan 33% Dec 20% Mar 23 11 13 14 28% Mar 11 19 32% 32i/4 32% 32% 31% 32% 32% 32% 32%. 32% 32% : *104 ___Nopar Power & > 7% 94% 91 94% 66% 67 65% 66% *104% 105 • / 5,400 10% *74% 20 75 . 100 , 10% 10% 74% 6,000 , 105 n 10% 75 2,500 10, 105 74% 10% 9% 74% 9% 12,000 100 . 19% 19% 20 20 20 *19% 20% 300 23% 23% 23% 23% 23% 23% 23% 23% 23% 6,500 29% 30% 301/4 30% 30% 31 29% 301/4 29'A 29% 12,300 16% 16% 16% 16% 16% 16% 16 16% 15"% 16% 9,600 42% 42% 42% 42% 42% 42% 43 43% 42% 43% 11,200 7% 8% 7% 7% V No par RR com conv Mills 8 *19% -20 7% 8 7% 8 6,800 64% 8 66% x64% 65% 65 651/4 64% 65% 65 5,100 42% 43% 43% 44% 43% 45 45% 45% 44% 45 6,100 *21 % 21% 21% 22 21% 22% 22% 22% 21% 22% 1,700 13% 14 14 13% 13% 13% 13% 1,600 21 20% 20% 20% 21 65% 100 pfd_100 20 1.25 preferred series A 97% May 12 23% Jun 3 Monsanto 13% 21% 20% 21 92% 92% 90% 91% 90 91% 89% 90% 90% 91% 7,500 5 21% 21% 21% 21% 21% 21% 21% 21% 21 21% 7,800 No par Montana Power Co (The) 13% 20% 5 Monarch 13% No par Machine Tool 22% May 27 Chemical 9% 74% 21% 10% 91% 1 5 10 Mojud Co Inc 19 9% 74% 10 22 10 104% 104% 75% 10 *74% 4,800 29 21% 23% Corp tMissouri Pac RR 5% . 21% 28% 67 " 66% 67% 104% *104 7,400 10 90% 66% 68 104% 28% 28% 93 10 94% 1,300 25 Development Co Mohawk Carpet v 96 25% 28% 21% 10'/a 100 25% 21% 28% 21% 900 25% 25% No par Light 4 Jan 67 % -No par • 28% 10 92 9% 1.50 25 281/4 21% 94% 25 25% 6,800 129% 129 130 *129 129 21% 28% 9% 100 16 15 % Jan 28'/a ♦20% 129 129 25'A 25% 25% _ common *128% 129 No par . 17 5 ♦128 100 10 32% 32% 32% _5 common Corp__ Missouri-Kan-Tex 69% Mar 22 10,900 32% 32% 54% Feb 79% Mar 29 20 95% Jan 32% 5 16% Jan 15 17% Sep 32 24% Feb Mar 31 15% Mar 25 5 32% 4 19% May 17 32 Inc Mississippi River Fuel Corp 4 9% Apr 29 Mar 17 23 10 1 83% $1.50 2nd conv preferred 15% Sep Dec 81 & Mfg Minnesota 24% Oct 4 83% 1st preferred 19% Nov 34% Jun 83'A preferred—™. $5.50 21 21 Feb 84% Minneapolis-Moline Co common—1 22 9 18% Nov 84 Minneapolis-Honeywell Reg 11% Jan 21 78 84% Minn St Paul & S S Marie 29 105% Apr 5 4 May 9% Jan 19% Jan 23 84% issued" "When Jun 10% Jan 55% Jan 30 85% Minneapolis & St Louis Ry__No par 29% Jun 28 21 67 68% Nov 94% Jan 26 8% Jan 27 Apr Jan 20% Jun 20 Oil Shares 84% Prod Steel Midwest 9 July 14 July 13 July 12 10 1st preferred 8% Sales for the Week Friday July 16 July 15 Utilities South 9 Tuesday Monday Petroleum Mid-Continent 17 34% Jun Feb Par EXCHANGE Highest 65% Jan 66% Dec - ' 31 Highest Lowest 55 Va Sep STOCK YORK NEW Range Since Jan. 1 Year 1953 HIGH SALE PRICES Thursday Wednesday - LOW AND STOCKS 35% 35% 351/2 35% 35% 35% 36 36% 36 36% 6,300 36% 34% Co Montana-Dakota Utilities Co *20% 1,600 10 32% Mar 26 31% Jan 4 37 29% Nov 17 40% Dec 31 % Feb 1 49% Jun 3 37% 36% 36% 36% 36 13,500 56 Jan 4 68% July 2 Montgomery Ward & Co 67 67% 67% 60 '/s 65% Mar 19 66% 66% 18 1 No par 36% 53% Sep 66% 67 66% 68% 27,100 15 4 15% July 14 Moore-McCormack Lines 12 14% 15 14% 15% 18% Apr 15 15 15 12% Jan 14% 11% Sep 15% 14% 15% 11% Mar 24 14% Feb Morrell No par 12% 12% 12% 12% 12% 12% 12% 12% 12% 43 43% 44% 43% 44% 44% 45 43% 44% 25% Jun 11 10% Sep 15 15% Apr 16 29% Dec 29 43% Jan 6 21 Dec 31 29 27% Jan 14 27% Mar 16 18 23 Motor Products Motor Wheel 28% July 15 28% Mar 24 Mullins 26% Mar 13 5 14% May 19 13% Jan 7 16% Apr 31 50 39% Jun 29 47% Feb 104% May 18 16% Sep 110% Mar 24% Feb 15 Jun 18% Jan 26 Feb 23 30 Murray Corp of America com_ 4 ft 30 42% Jan/ 42% Aug 26 35% Dec 29 50 Feb 51 74 Sep 15 99% Jan 28 Oct 47 Jun 4 42% Ma!y 27 74% Mar 29 87 Jun 30 25 4 37 Feb / 2 46% May 26 36% Mar 25 Jan Myers 44 5,200 2,300 • 18 18% 18% 18% 18% 18% 18% 19 18 23% 23 23% 23% 23% 23% 23% 23% 23% 27% 27% 26% 27 26% 281/4 28% 28 »/2 27% 28% 23 % 23% 23% 23'A 23% 23'/a preferred (F E) & Bros 14,200 19 23 1 5 1 100 10 50 Mfg Corp 23% Jun 11 xl2% 1 23% Corp Corp Murphy Co (G C) common4%% preferred 110 9 106 3 8 2 37 5 Munsingwear Inc 19% Jan 15 Jan 5 361/4 10 Mueller Brass Co 23 % Jan Dec 6 3 Inc 24% Apr 26 43 Jan Motorola & Co_ 4 Apr 12 Sep (John) 1 23 21% Mar 6 8 Co 28 16% Jun 34% Mar 18 21% Dec 21% Sep Oil Monterey July 15 45 4 30% Jan May 18 22% *39% 40 108 40 23% 23% *46'A 47 % 39% 39% 40 14% 41 108 23% *45% 14% 41% *107 47% 23 45 14% 41 41% 108 108 22% 44% No par 41% 41% 108 14% 14% 14% 14% 141/4 41 % *107 23% 23% 23% 14% 23% 39% 1,900 17,300 5,500 14% 1,400 40 40% 4,700 *108 109% 50 23% 22,300 4iy8 108 *46 8,600 , 23% 23% 47% *46 % 40 48 40% 40% 300 500 N 6 11% Sep 14 16% Sep 19% Sep 34 12% May 15% Feb 13% May 11 19 Jan 20% Jan 29 National Acme Co National Airlines July 16 19 22 21 % Mar 9 15 25% Mar 20 14 38 36 % Jan 42% July 16 180 172% Jan 14 11 13% Feb 26 Sep 14 51% July 22 13% Jan Mar 19 174% Dec 24 10 Apr 5 84 24 18% Aug 18 11% Jan 5 15 15% Apr 21 May 11 17% Jan 25 10% Jan 4 13% July 15 25% July 15 5 19% Jan Aug 31 20%* Dec Sep 21 56% Jun 10 17% Feb 18 21 66% Dec 14 62 % Feb 25 83 July 15 July 15 12 29 15% Jan 8 12% Jan 4 14 Jun 16% Sep 22 23 % Jan 6 16% May 84 Dec 29 99% Jan 5 87% Jan 20% Jan 97% Feb 17% Sep 85% Dec 1 22% May 26 20 % Jan 33 15 96 Nov 6 29% Apr 24 38% Dec 31 15 Dec 155 % Jun 132 19% Mar 27 Feb 4'Aft 12 56% July 16 26% Jan 4 29 National Sugar 24% Jan 4 33% July 16 90 4 98% July 172 July 7 180% May 5 152% Apr 9 141% Jan Jan 15 11 20% Dec 31 37% Mar 19 20% Jan 4 25 25% Sep 40% Sep 21 32% Jan 26% Jan 11 14 52% Jan 5 25% Oct 26 30% Jan 12 22% Sep 21 9% Dec 104% Jan 91 4 % Jan 14 28 10% Jun 10 13% Jan 24 5 85% Jun 30 12% Jun 11 Jun 18 6 4 26 11 % Jan 4 8 14 Jan 105 Jan •31% Mar 6 92% Jan Feb 11 14 60 67% Jan 34 25% Jan 23% Sep 8 - 28 Jan 12 30 May 11 15% July 15 Apr 30 July 7 15% July 13 May 11 5 75 4 * Neisner Bros Inc common 4% ft preferred 25 1 100 3%ft preferred 100 New England Electric System 1 New Jersey Pr & Lt Co 4ft pfd—100 Newmont Mining Corp 10 100 72% Mar 23 16% Jan 1 97 4 64 No par Corp Newberry Co (J J) 40% Jan 20 1 36% July 15 , 6 94 6 Jan Feb Fibre Co Natomas Co Nehi Mar 29 106 1 5 Jan 56 National Vulcanized 15% July 16 8 5 100 1 Newport Industries 4%% preferred 34% July 15 17% Sep 17 23% Mar 17 .18% Jan 4 18% Dec 29 25% Jan 30 18% Jan 11 Apr 14 Feb 1 common 18,000 14 14% 14 14% 14% 14% 14% 4,500 27 27% 27% 27% 28 277/8 29 3,600 41% 41% 42 42 42% 41% 42% 174% 174% 174% *174% 14% 13% 13% 13% 13% 13% 13% 14,500 81% 81% 81% 81% 81% 82 82 82% 2,200 16% 16% 16% 5,300 12% 13 12% 13% 13% 13% 13% 13% 45,700 23% 23% 23% 24% 24% 25% 24% 25% 11,700 20% 20 % 20% 21 20% 21 12,800 79% 80% 80% 83 82% 83 Xl3% 13 % 13% 14 13% 13% 3,400 19% 19% 19% 19% 19% 68,700 *93% 94% 700 32% 15,600 20% 20% 79 80% 13% 14 19% 92 93 19 *92% 16% 93% 16% *93 104 176 17 31% 32% 32% 33 103% *103% 104 32% *103 52% 52% 53% 176% 175% 175% *176 176% 176 148 149 *148% 150 149 10% 10% 10% 10 Va 54 10% 22% 22% *32% 55% 55% 55 55% 55% 28% 28% 31% 31% *97% 98% 33 % 33% 134 134 7% 7% 11 11% 5% 6% 12 12% 14% 14% \ *105% 106% 35 35 * *94% 95% 14% 15 *98 102 57% -58% 14% 15% 28% 28% 28% 28% 28% 28% 31% 31% 31% 31% 31% *97% 98% *97% 98% *97% 34 33 % 33 *131 33% *131 ,135 7% 33% 23% 23% 23% 34'% *33% 34% 800 55% 56% 8,500 28% 28% 700 33% 32% 33% 25,100 98% 98 98'/a 30 32% 3,600 32% ♦129 8 7% 33 32% 129% 800 6% 36,800 12% 12'A 1,400 6% 6% 12% 12% 12% 12% 12% 14% 15% *14% 106% *105% 106% *105% 35% 35 % 35% 35% 15 *93% - *93% 95 14% 14% 15 *98 102 *98 58% 57% <*-93% 95 15% 57% 15 15% 15% 106 %, 57% 57 36% 95 57 > 15% 15% 15% 74% 74'% 75 57 14% 15%: *73% 24,100 102 56% 15% 2,100 15% 15% r*98 . 1,400 106% - *93% 15% 102 74% 15% 36 r : 96 15% *105% 36% *98 102 61,200 11% 6% 6% 15 8 7% 6% 11 100 11% 6% 11% 134 8 7% 11% 12'/a 15% *74% 2,900 r 11,700 90 33% *72 34 *128% 11 7% 6% 35 2,600 22% *107/a *105% 80 280 1,200 *33% 34 135 *11 12,500 10% 10% 56 22% 53% 52% 32% 1 160 149 149% 53% 55% 73 11,700 177 10 % 1 250 104 52'A 22% 73. Va 175% • 9,700 176 16% 94 103% 32% 31% 103% 16% 176 32 .100 : Newport News Ship & Dry Dock 33% 33% 33% 34 34% 34% I. '34% ' 18% 18% 19% 19% 20% 15,500 76 ; 4,700 5 18% 19 18% 19 18% No par 20% 21 21 22% 21% 22% 22% 23% 22% 22% 90,600 20 35 35% 35% 36% 35% 36% 35% 36% 35% 35% 14,900 100 110 110% 110% 110% 110% 110% 19% 19% 19% 19% 20% Brake 5 New York Air 15 New York Central 20% Mar 26 No par common 2,600 15% • 13% 10% 22% 32 National Theatres Inc 8 6% July 13 13 10% 22% 32 10 100 43% 15 149% par No par 43 15 174% 148 par National Tea Co common r 4.20ft conv preferred . July 14 11% Apr 13% Jan 86 93% Apr 2 14% Mar 30 30 8 17 31% Aug 31 10% Sep 15 Dec 19 12 Mar 25 38 19 6% Feb Feb 106 9 33% Apr Ref Co 43 14% 41% 19% 148 '54% 430 42% 14% 26% 176% 176% 10 85% 85 43 13% 19% 100 1 85-% 42% 14 % 14 5 100 National Supply (The) Pa com 4%ft preferred 7 134% Apr par . 27 Jan 7 , 4% Jan 16% Apr 27 Jan May 21 May 24 33% July 13 4 28% Jan 114 10% Jan 7% Mar 13% Feb Jan Jan 12 12% Jan 31% Jun 85 5 Nov 116% May 20 7% Apr 1 2 Sep 4% Dec 46 29% May 20 21 10 105 6 31% Jan 86% Sep 25 24% Jan 6 8 % Feb 29 1 85% 43% 14'/8 14 18% 85% 42% 91% 92% 32% 32% 103'% 103% 53 54 100 4 55 Jan 4 9 pfd series of 1951 Jan 38 4 Nov 5 Department Stores 85% 86% ' 26"% 26% 41 % 42 175 175% 13"% 14% 80% 81% 16% 16% 12% 13 23% 23% 20% 20% 78 79 13% 13% National Distillers Prod common__5 20 July 15 July 13 104 93 % Jan 146 15 National 25 National Gypsum Co common $4.50 preferred No National Lead Co common 7ft preferred A 6ft preferred B National Linen Service Corp Natl Malleable & Steel Cast—No National Shares Corp No National Steel Corp 173% Noy 3 Apr 7 2 14 1 National Aviation Corp 5 National Biscuit Co common 10 7% preferred A_ 100 National Can Corp 10 National Cash Register No par National City Lines Inc 1 National Container Co common 1 $1.25 conv preferred 25 National Cylinder Gas Co 1 National Dairy Products 5 21 15% May Jan 1 1 - 86 85% 85% 43% 43% 14% 14% 100 National Automotive Fibres Inc 19 57% Jan 60% Dec 2 Sep Nashville Chatt & St Louis 25 8 158% Jun 19 Jan 15% Jan Sep 9 2 New York Chic <fc St Louis Co— 30 Sep 14 48% Jan 5 32% Apr 21 101% Jun 10 109 % Mar 9 106% Jan 6 110% May 7 9 21% Jun 3 New York City Omnibus Corp_No par 1 New York Dock 14% May 17% July 13 15% Mar 70 l 63' 59% Oct 13 80 11 92 5 520 Sep 400 May Jan 20 Feb ; 9 Jan 8 } 37% May 17 Mar 69 Jan 20 85 % Jan 14 90 Jan 515 Jun 6ft 29 6 Common 28 348 Apr 19% Jun 16 34 Feb 18 22 49% Dec 29 65% Feb 5 51 31% Sep 21 37% Mar 23 80% Jun 11 92", Jan 22 91 24% Jun 10 28% Feb 2 27% Jan J 75 Apr 28 80% Nov 10 82% Jan 25 79 Jun 22 87% Jan 8 87 Jun 29 1 \ .: 31 % Mar Mar 23 $5 preferred series A non-cum 61% July 16 14% Apr 2 20% July 12 35% Apr 28 40% July 13 94% Nov 86 13 Jun Jan 7 Sep 15 39% Dec 22% Jun 92 Jan 87 25 Mar 24 - 100% Mar 30 102% July 26 17% Jan 23 53% Jan 30 39% Jan 4 43% Feb 26 16 23% Jun 25 26% Apr 19 Jun 19 23% Mar 24 20 Jan 4 15% Sep 15 22% Dec 21 20 Jan 12 8% Jan 4 19 8 83 Sep ... July 14 15 Jan 8 6 87 Jan 16 81 2 38 34% Sep 24 46% Jan 103% Oct 6 107% Nov 4 52 Sep 14 84 Jan 5 11% Jun 16 14% Dec 16 78 Jun Apr 22% Apr 6 8 6 107% Mar 31 12 25 preferred 19 53% July 1 64% Mar 13% Jan 4 15% July 16 85 4 4 Apr 24 87 18 1"9 89% Jun 19 101 12% Jun~15 18% Mar 19 r j Jan >, 9 Mar" 17 Jan 105% July 15 99 Jan 12 100% July 7 16% Jan 11 95 *. Mar 25 108% Feb 103% Apr 100 % 35 9 2 July 7 July 16 July 15 8% Dec 29 14% Jan 13 7% Jan 11 11 16% Dec 30 24% Jan 13 14% Jan 11 19% July 16 18% Sep 18 25 % Apr 9 34% Jun 10 943/e Jun 12 nc^ Feb 2 83 12 19% Mar 2 . 25 July 15 1,800 20% 3,700 k J 70 27% 27% 27% 27%; 60% 60% 60% 60% 60% 19% 19% 20% 19% 20% 20 Va 40% 40 40% 40% 40% X40% 60 ' - 91% *88% *455 27% 39"% Northern Natural Gas Co 10 preferred 100 Northern Pacific Ry 100 470 . * 20 10 . 5,200 27%. 27% 60% 61 % 3,900 20% 19% 20% 101,100 40% 40% 40% . ., ■ k 84% 84% 91 96% *89'/a 91% *96% 98 97 *101% 102 102 1 .... " 97 102 41% 95 31% *92% 94 85 85% 85% 85% 91% *89'A 91% *89% *21% 40% 31 97 *101% 31% 31% 4,300 95 *92% 31% .21% 21% 95 31 31% 16,500 *85% 1 97 86 500 *89% 91% 200 97 330 97 101% 102 101% 260 1,000 21% 21% 21% 21% 40% 41 40% 41 41% 21% 41% 25 24% 24% 24% 24% 1 25 25 ■< 1,000 24% 24% 24% 24% 24% 24% 24% 25 35 37% 36% 37% 37% 38% 38% 40% 137,400 12% 19,100 40 % *24% 17,500 14,800 12% 12% 127/8 12% 83% *81% 83% *82 83% 82 82 30 41% 42 % 42 42% 41% 42 9,300 108% 12% *81% 108% 108% *108% 108% 108% ♦42 41% 42 % 13 12% - no 108% *108% 108% 54% 55% *108% 55 56% 55% 56 54% 55% 54% 55 25,700 15 15% 88 89 105% 105% *101% 102 *100% 101% 32 34'A 9% 9% 18% 18% 23% 23% 15% 15'A 15 15% 15 15% 15% 15% 14,200 (Minn)— Common 5 $3.60 preferred 100 $4.80 preferred _100 preferred 100 Preferred 4.08ft 100 Northrop Aircraft Inc Northwest Airlines Inc 84% 101% 102 *21% 21% 40% 40% *24% 25 24% 24% 34% 34% 12'A 13 *81% 83% 25 1 31 30% 91 96% _1 Co *92% 30% 84% 2 Central Ry *92% 94 *92% 50 4.6ft 91% 470 60% lo $4.10 *455 27% 25 Northern States Pwr Co. 100% Jun 470 60% 20% Adjustment preferred 5%% *88% 90 470 *68 70 27% 100 Northern 23 > *68 59"% 100 Mar 23 Feb 70% 90 90 518 110% 20 ' 27% 100 July 12 ~ *88% 110- : 1 preferred 13 43% Apr *68 70 *470 . 19% Electric <fc Gas Corp— 89 111 66 110 100 series A North American Co North American Aviation Northeast Capital Corp July 16 40% July 16 ii 518 Norfolk & Western Ry common ; *68 89 *470 4.10% preferred Nopco Chemical Co- 10 12 3.60% 3.90ft 2 20% Jan Jan 89 50 Common No par $3.75 preferred 100 Niagara Mhk Pwr Corp com_No par 3.40ft preferred 100 4 July 13 92% Mar 11 7 Jun No par New York Shipbuilding Corp 31 % 5 100 16 96% Feb - 4 preferred Preferred 5% N Y State 19% 67% —No par NY New Haven & Hartford Co_100 3 7 110 common N Y & Harlem RR Co Apr - 19% 1 common preferred 10 25 Norwich Pharmacal Co 2.50 89 89% *105 I 105% *89% 90 *105 105% 89% 105% 88% 310 105% *105 1053/4 330 90 88% 101 % 101 % *101% 102 *101% 102 *101% 102 *100% 102% ♦100% 101% *100% 101% *100% 101% 34 33% 34% 34 35 25,200 19.300 33% 34' 33% 50 10 10% 10 % 11 10% 10% 18% 18% 18% 19 18% 19% 19% 19% 5.7W) 23% 24% 24% 24% 24% 25 24'A 25 6,600 43% 6,000 9% 10% o 100 Jun May 18 97% Jun 12 49% Jun 10 no,/ ml,, 16% Sep 1 T nun i/Yo/t; 10 23% Jun 1 5 knnf *c 00 7n,/ ^ 19 A Dec J! 24 see Jan 4 Jan 4 Jan 5 Jan 6 Jun 18 Jan 4 26% Jan 4 18% Jan 20 21% Jun — For footnotes 38% 1023A 92'/4 106% 104% 54'A 9 44% July 14 1083/4 Apr 7 98% July 15 110% 108 69 313/4 20 Jan 29 Apr 26 May 7 July 16 Apr 1 23% May 24 Ohio Edison Co common 4.40% preferred 3.90% preferred 4.56% preferred 4.44ft preferred Ohio Oil Co— Oklahoma Gas & Elec Co 4% Natural 43% 44 107% 107% 97 97 108% 108% *105% 107 Gas No par com ,10 61% 29% 62% 29% 20 preferred Oklahoma 12 100 100 100 100 *19% 7.50 22% 20% 23% ua^ 2b / 43% 43% 106% 106Va 98 98 *107% 108% *1063A 107% 61% 62'A 30 30% *19% 22% 20% 223A 44 43% 44% 43% *106% 107% 1063A 106% *97% 98% 98% 98% *107 108% *106 107'/a 108 43% 107 98% 140 107 160 98% 108 *107 107% *106| 140 108 107% 60 61% 62'A 60% 62 59% 60% 9,900 30% 30% 30% 31% 31 % 313/4 3,800 *106 3A ' *19% 20'A *19% 20% *19% 20 % 22% 22% 22% 22% 22% 22% 6,200 Number 5343... The Commercial and Financial Chronicle Volume ISO (267) NEW YORK STOCK RECORD ! 15 14% Feb 23 8% Dec 3 LOW AND -* STOCK EXCHANGE Highest 4 87% Jun -10% 10% 10% 10% x83 % 84 % 84 84. 19% 19% 20 :—No par 58% 59 y8 58 25 25 24% No pas •85 Corp common 95% Jan 9 4 15% Dec 28 14% Jan 26 20% Jun 7 37% AUg 31 46% Dec 21 44% Jan 62 7 Otis 71% Sep 9% Mat 11 July 23% Jun 2~ 79% Oct 84 Jan 28 % Jun 83 6 22 * 29 87 Apr 11% Feb 17 16% Oct 15 18 55% Dec 21 SO Sep Jan 30 Elevator Jan 8 Outlet 16% Jan 13% Mar 111 38 ; Co 4 Overland — — -• 1 (The) Corp 11 74% July 16 12 93% July 14 19 Pabco 69 % Jun 16 81 Mar 12 77% Jan 11% Jun 18 16 Dee 11 14% Jan 20 % 85% i4y8 91 SALE PRICES Friday 1 the Week ^ Shares July 16 \ 10%; 85 20 i93/4 20 y8 58% •85 10% 84 58% 58% 24% 23% 24 14% 14% 14% 14% 1,200 853/4 73 74 74 741/2 2,400 923/4 93% 92 93% - 853/4 ' •85 19 % ;• 581/4 : * 20% 59' » 24 - 24 y4 •85% 14% 14y4 ♦14 y8 141% 72 y8 73% 73% 72% 73% 92 93% 92% 933/4 ♦84% 20% 10,500 58% 591/4 2,500 233/s 24 4,700 •833/4 - 19% 86 * • 86 18% 92 • Sales for - Thursday v July 15 14 y8 71% Owens-Corning Fiberglas Corp 5 Owens-Illinois Glass Co 12.50 * HIGH Wednesday July 14 Outboard Marine & Mfg new—83%c 15 Jan Tuesday July 13 July 12 4%V convertible preferred—100 Omnibus Corp (The) 5 73 Monday Par .1 Oliver 12% Jan 20 4 9% Jan YORK NEW Range Since Jan. 1 Lowest Highest Lowest CMtiniiad—Pig® • STOCKS Range for Previous Year 1953 23 - 181/4 18 85 50 7,300 I81/4 ♦85 13,700 86 120 - P Oct 80 13% Jan 7% Oct 6 34% Dec 21 55% Jun 16 25% Jun 16 34% Jun 32% Nov 40 10 2 31 33% Feb Jan 12 114% Jan 13 22 137% Jan 4 8% Jan 28 4% May 18 47% Mar 31 27% July 16 - 15 22% Feb 20 8% Apr 16 9% Jan 8 3% Dec 28 6% Jan 19 33 91 97% Jan « 5% 8ep - 15 10 24% Sep 15 30% Mar 27 2 ; Pacific Feb 6% Jan Consolidated Pan-American Petrol 4% & 7 21V4 iway 33% July 16 Park 44% Jan 7 30% Jun 22 37% Jan 29 Parke Davis & Co 39 7/8 Jan 30 35% Jan 15 40% Jun 1 Parker Proof 6% Sep 15 8y8 Jan 5 6% Feb 17 4% Sep 21 8% Apr 9 3% Mar 12 6 Jan 8 18 Jan 7 34 Jan 38% Dec 5 27% Sep 15 20% Nov 2 27 y4 Aug 10 32 3 7 39 30% Jan 11 Dec 4 10 May 25% Jun 29% Jan 29 29% Nov 30 27% Jun 24 81% Dec 9 73% Jan 4 89% July 30% Sep 14 39% Mar 19 37% Jan 4 51% July 16 27 Jun 10 41% Dec 28 37% Apr 101 Jun 2 107% Feb 3 10 35% Mar 18 107 35% Jan 4 106% Feb 30% Jun 47 13 18 109 Mar 18 44 7 May 26 107 104 No par 25 25 25 No par Telep common preferred $1.30 preferred (J C) Co Penney July 16 Mar preferred series preferred Pennsylvania RR Pennsylvania Salt Mfg Co 4 19 29 52% Jan 5 41 2 50% July 10 Sep 15 14y„ Apr 23 5 18 V2 Jun 16 Penn-Texas 28% Sep 32% May 27 Mar 18 32% Jan 15 Peoples Sep 14 10% Jan 15 38% Aug 21 99 Sep 17% Sep 14% Dec 26 8 15 30 July 28 91% Jun 18 148% Mar 16 48 Dec 22 16% Mar 12 Pepsi-Cola 13% Jan 4 46 Feb 11 55 105 Jan 30 101 % Feb 9 107 21% Mar 6 19% Mar 25 18% Jan 11% Apr 4 20 34% Oct 20 30 % Jun 20 108% Jan 2 100% Jun 29 28% Jun 16 32% Jan 19 20% Jun 24 25% Mar 17 111 Jan 5 30% Jan 4 32% Jan 4 23% Jan 11 106 Jan 5 May 24 May 19 24% May 27 41% July 7 39% May 26 3 113% Mar 29 99 Jan 2 94 May 28 101 Apr 2 Feb 26 103 Jan 11 107 Apr 27 107 Jan 11 110 May 7 108% Nov 12 21 18% Jan 8 36% Jan 80 28 88 Nov 29 55 Mar 13 Apr 41% Dec 88% Dec 29 87 101 Jan 7% May Jun 23 Apr 27 Mar 92% Jan 1 98 Jan 29 93% F»b 15 69% Mar 25 30 19 21 37% Jan 95 July 22 19 Jan 6 106% May 22 May 18 101 Jan 14 53% Jan July 13 Apr -8 90 Jan 11 Jan 29 148% Apr 153% Jttn 21 162 Sep 3 155 July 1 160 Apr 11 165 Feb 6 162 Jan 6 169 Mar 58% Mar 16 52 Jun 9 59% Feb 10 15 5 4 6% Dec 31 9% Feb 6% Jan 4 12% Sep 15 21% Jan 5 12% Jan 4 18% May 27 21 59% Dec 31 73% Feb 27 60% Jan 4 70% Jun 11 Mar 20 62% Jan 11 73% Jun 3 17% 8ep 15 75 25% Mar 18 150 146 Jsn 9 18 Sep 14 31% Jan 14 98 86 Sep 26 Apr 27 2 July 30 19% Jan 16 Jan 29% Jun 24 35 24 3 22 29 23 13 17% Jan Jun 8 7% Sep 15 34% Jan 8 16 59% July 1 9% Dec 31 19% Mar 23 29 Poor 16% Jan 19 7% May 7 7 34 May 16 68 Feb Jan Apr 9% Jan 26 5 5 5 17 4%% 88 Jun 30 Procter Publicker Industries Inc com 9% Mar 31 11 Jan 20 82% Jan 5 72% Mar .16 80 Jan 20 5 35% Dec 11 33% Jan 39% July 13 Public Serv Co of 29% Jun 18 37% Dec 29 35% Jan 7 41 Public 73 Jun 23 84 4 Nov 8 82% Jan 7 92% Mar 22 Jun 3 26 Jan 5 25% Jan 12 24% Jun 22 27% Jan 20 25% Jan 4 28% July 15 27% Feb 4 29% July 15 103% Apr 6 24% Jun 9 92 4 Jun 35% Sep 15 42% Sep 14 103 Jun 2 18 24 25% Jan Jan 6 97% Jun 2 43% Jan 20 40% Jan 4 102 27 55 July 16 3 Mar 19 May 17 64% Jan 2 47 Jan 4 64% May 24 109% Mar 4 108 Apr 6 110% Jan 29 30% Mar 9 28 Jan 4 33% July 15 17 146 % Feb 2 143 Jan 5 155% Apr 21 20% Sep 15 25% Jan 2 21% Jan 15 24% Apr 11 32% July 25% Aug 31 131% Jun 21 Nov 19 29% Jan 8 22% Jan 68 Jun it 79 Jan 2 76 2% Oct 15 1% Jan • 3% S£p 15 86 35% Doc 26 30 5% Dec 9* 4" Nov 1 4 9 MarSE Jan 4 2% Jan 28 4% Mar 90% Jan 37 Jan 1 12 4 81% Feb 29 6 11 $4.75 *85 *81 60% *10% 44 101 — 28>/4 2,100 33/4 4% 4 3% 12% - 123/a 38 38% 36% ' 45 *43 % 36% *105% *43% 45 107 107 4 3% 12% 12% 38% . 38% *105 36% 12% 38% 383/4 37% *24% 28 275/8 ♦28% 45 37 25 *27% 29 *43% 106 3% 12% ' *24 29 ' ♦105 - 37% 45 5,000 . .*■ 2,400 2,500 3,900 25 , ♦28% 87% 60 29 87%' 2,200 51% *43 % *105 60 -275/8 50V2 106 500 7,300 46 106 42% *107% 108 108 % 1083/4 105 % 107 *104% 423/4 1073/4 42% *104% 105% *104% 105% 105 % 105% 80 433/a 43% 107% 43% 108 433/8 „ 10,600 44 220 16% 16 16% 16% 163/a 16% 16% 16% 163/8 59,600 49% 49% 49% 49% 49 3/a 49% 49% 49 49 % 3,400 17 6,700 32% 17 43% 17% 16% *32 3/a 32% *32 3/a 32% 155% 17% 157 155% 156% 156% 43% 43% 44% 46 46 46% 46 Va 46 % 14% 143/4 14% 15% 143/4 15 40,400 54 54 54 54% 55 400 105 *103 105 16% 15 14% 143/4 54 *523/4 22% 11% *103 105 *103 105 *523/4 54 16% *32% 156 17 32% 157 16% 32% 155 *103 2,000 800 105 22 % 22% 22 22% 22% 22% 11% 11. 5/B 200 32% 156 22% *22 113/4 113/4 11% 11% 113/4 12 100 (The) com 5 preferred 100 Quaker State Oil Refining Corp—10 6% 25% *1093/4 99% 105 104 104% *103% 104% *103% 104% 104 107 *107 108% *107 108% *107 108% *107 8% 8% 35% 363/8 800 4,300 Raybestos-Manhattan No aar *94% *110% *98 8 5/8 3,900 373/a 22,000 95 *94% 36% 86 *81 60% 11% *10% 11 *10% 433/4 44% *100 102 ♦100 28% 59% 603/4 60% 43% 44 101 41% *96 28% 28 28% ♦105 *105 _ 95 ♦94% 83% 79% 51% 13% 36% 35 3/4 36% 31,400 86% *84% 86% 300 ♦81 85 *81 85 41% *40% 43 43 97 *96 97 *96 853/4 59% 603/a 10% 11 43% 43% *100 102 273/4 28% 60% 11 43% 102 28 *105 ... "30 43 97 58s/8 ♦10% 43% 100 593/4 12 300 43% 273/4 30 273/4 2,200 4,100 1 18% 18% 18% 18% 83% *82 83% *82 83% 83% 83% 79% *79 80 % *79% 80% 78% 79 79% 18 1 52 513/4 513/4 13% 13% *13% 18% 18% 53 13% *53% 13% 533/4 13% 158 ♦154% 158 *154% 158 163 *161 163 ♦161 163 ♦161 163 6% 55% 563/4 56 6 3/4 6% 6% 56% 6% 53% 133/4 < *154% 162 162 56 56 3/a 6 3/4 6% 5,200 17 2,000 17 17 *69 70 ♦69 71% *71% 71% 22% 22 223/a 22% 22% 22% 22% *148 153 *148 153 70 153 160 563/4 *71% *69 2,600 3,900 6% 71% 17% 70 54 14 158 56% 71% 17 173/8 17 ♦69 10 300 63/4 71% 17% 1,700 100 *82 *154% 70 \ 16,900 ♦105 158 56% 80 95 35% *84% 18 18 10 108% 8 3/a 35 5/a 853/4 180 363/4 86 43 1,300 104 8% 36% 98 99% 373/a 85 43 40 111 8% 94% ♦81 99% 790 36% 85 *96 *110% 100 43,400 83/a 36% 95 111 31% 104 36% 94 17 *148 153 15,600 50 70 *22 *149 71% 1,000 22% 71% 1,200 I 153 26 •26% 26% 26% 26% 26% 26% 263/s 106% 1063/4 106 3/4 106% 106 % 106% 106 % 1055/a 106 12% 12% 12% 123/s 123/8 125/8 123/4 *123/8 12 263% 26% 263/4 27 26% 26% 3,800 220 3/4 800 26% 26% 4,300 26% 26% 26 5/8 • 26% 263/4 26% 26% 263/8 *26% 16% 163/a 26'/2 16% 163/s 16% 163/4 16% 17 17% 2,800 183/4 18% 18% 18% 183/4 183/4 18% 18% .5,400 30,400 27 8% 8% 85/8 9% 8% 9% 36% 36% 36% 36% *36% 86 3/a 86% 86 86% 85% 86 9% 93/8 95/8 10% 10% 10% 763/4 ♦76% 763/4 ♦76 Va 763/4 700 36% 86% 86% 8% 36% 8% *36 9% 93/4 ♦76% 763/4 200 9,300 14,400 - *76% 39 38% 38% 39 ♦86% 30 38% 39% 38% 1 39 39 39 39 39 4,800 39 393/a 39% 393/4 40% 41 5,400 88 *86% 88 88 ♦86% 87% 26% 26% 26% *25% 26% 26% 263/a *25% 263/a 300 27% 27 %. 27% 27% 28 27% 28 3/4 28% 28% 25,000 295/8 •29 3/a 29% 7,400 101% 101% 101% 29% 29 29% 29% ♦101 29% 101% *86% 29% ♦101 40 30% 151 23% 101% 101% 54% 53% 54% 53% 543/8 545/s 54% 54 54% 15,100 56% i08 '2 101% 553/4 56% 553/8 56'/a 55% 563/8 55% 56 14,200 109% 109% 110 220 111 31% 151 24 6% pfd 36 37% 1 1 100 Theatres Corp 8 3/a 8% 35% 32 Ralston Purina Co 3%% 253/b 99% 80% RKO 25% *1093/4 100 31% 6 25% 111 80% 8% July 25% 111 31V4 103 % *98 America com„No par — 25 % 31% 105 100 1st preferred.———No par Corp 104 25 3/8 253/8 109% 31% 32% 103 87% J No par common 31% 9% 88/2 preferred 32% 76% 5 Quaker Oats Co $3.50 25 8% ~ y/a Radio Corp of 43/8 4 36% 87 100 (The) conv 4% 123/4 37 No par Inc Oil 5% 4% 9,800 1 7 18% preference com—No par preferred Pictures 27 § »oci/4 ,°'4 No par RKO 45% Apr 26/4 106 /4 10 25 & Gas com 6 99% Mar 29 ,, 25 /a f July 7 *154% *16 56% 6/4 17 70 71/2 21% *148 100 dlv 4.08% Pullman 4% 87 Indiana—No par Pub Serv El Pure Colorado of Co 4% 97 par preferred preferred Serv 3%% 4.32% 4% 38% *40% *96 No par preferred cum $1.40 No Gamble 29 4% e5% 36% , Power Co 10 (Del)_l preferred series A„50 26 & 4% 50% Pressed Steel Car Co Inc com Jan 76% Dec 20 1 38 conv 11,500 50% Electric Potomac 8 'A 50% No par & Co class B 26% Jun 15% Jan 100 Pocahontas Creek Pond 17% July 16 May 39 71% Dec No par 2 Plough 14% Jan 11% May May 25 Inc Plymouth Oil Co 2 8% 50% 51% 12% Feb 8% 51 *13,7 10% Feb 8 493/s 1 11 89% Jan 8 88% 1 Pitts Ft Wayne & Chic Ry com—100 7% guaranteed preferred 100 Pittsburgh Plate Glass Co 10 Pittsburgh Screw & Bolt No par Pittsburgh Steel Co com No par 5% preferred class A 100 5%% 1st series prior pfd 100 Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd—100 Pittston Co (The) common 1 5%% conv preferred 100 28 23% Sep 13% Oct No par 100 No par Pitts Consolidation Coal Co— 110 % Jun 7% 3,300 " e 1,800 Pittsburgh Forgings Co 16 8 3/8 ' 25% St L RR 12 14 30% Dec 14 8% 87% 25% 109 % *98% 105 107 8% 3 35% 100.' 94 $5 27% Jun 12% Jan 34% Apr 46% Feb 23 % May 393/4 . 8,600 preferred 148% Feb 33% 31%- 393/4 14,400 Pitney-Bowes Inc 8 31% 40 32% 37% 5 3 32% 40 > 37% Hosiery Jun 32% 31% 39% 37% 5% 18% Jan 146 10% Sep 15 14 5 7% Mar 22 33 32 3/8 39% 88% July 16 15 % May 32 32 39% 873/4 54 13 293/4 32% *28% 3 11% Jan 29% 32% 88% 42% Mar 16% Mar 18 29 *39 29 3 59% Feb if 19,500 88% *82 *78 A 15 333/a 29 19 15 32% 88% Apr Sep 33% 28% 85 11 33% 88% 4 41% Sep 32% 28 77% Jan Jan 32% 333/8 *27% 7 97 15,500 32% 28 *105 17% 29 7% 28 convertible preferred—No par $4.80 preferred (conv) No par 76% Dec 73/8 37% common & 50 • 7% 12% 105% 5,565 75% 101% 7% 38'% 108 ^ 74 ♦101 73/4 12% 42% 69,000 142,500 7% 38% 49 ' 60 * 73/4 7% 7% 28% Pitts Coke & Chem Co com—No par 22% Mar 76%' 25 No par preferred 100 3.8% preferred 100 4.3% preferred 100 4.68% preferred —100 Phila & Reading Coal & Iron 1 Pitts C C 23 100% *24 5 17% Jun 80 75% 100% 28% " ♦56 - 76 :101 25 19 17 60 75% 36 Apr Feb 3% 133/4 *100% 75% 101 900 9 3 13 36 86 5 94 •56 9 3% 13% *24 6 29% Jan 24 Sep 12% 37% 36 % *24 *27% 13% 59% ♦56% , 9 3, 133/4 13 % 27% 373/8 $1 conv preference com $4 *100% 60 74% 101 9 31/8 3 3% 13% " 75 Jan 106% May 22 29 60 60 *56 9% *9 9 3 123/4 ♦56 ' - 37 % Pillsbury Mills Inc common 30% May 12 9 9 3% 12% " 28% 37'/8 preferred Phillips Petroleum 67% May 27 , 28% 29% 37 4.4% Corp 28% 29% 37% 2 103 9,600 28% 1,600 37% 97 V« Apr 9 28% 28% 5 common—No par 5 Dec 18 Co Phillips Jones Corp com 18% Dec Sep 6 95 77 44 5 28 Electric Phila 1 11 4,200 5% 40 3/a Phoenix Jiiy 100 ,5% 5% 40 2 Jan 5% 40% 3 21 5 5 5% 40% 13% Mar 100 145% 30% 45% July 2 126% 145% , 104% 10% July 15 22% Mar 27 125% 145 403/B 39% July 4 125% 40% 9 12 :145 32% 35 Jan 124% 145 ; :126 ♦144% 104% 3%% preferred series A Philip Morris & Co Ltd common—5 4% preferred 100 3.9% series preferred 100 29 125% 1443/4 37 39% 95 83 -62,800 126% 144 3/4 36% 37% 40 3/4 37% July 15 86 38% 125% 37% 35% 40 44 % Jan 5 7,800 X37 103 2 23 37% 38 3/a 20 104% 7 23 38% 36% : 50 11% 31 % 103% 40% 17 Dec 37% 44% 5 1 2nd Feb 98% Jan 37% 38% *48% 100 12.50 & Co Inc corn preferred (conv) Phelps-Dodge Corp (Chas) 4% Jan 29 Dec America of Corp 83 27 Sep Petroleum 28 30 10 100 5 preferred 5 34% July 37% 46 14% 27 Dec 32 10% Jan 37% *52% *102 % 22% Phllco 18% Jan 48% Sep 3 4 % % Pfizer 108 27 37 % 44% *42% Pfelffer Brewing Co 10 July 11,700 33%c 11 26% Jun 44% No par Co Co common 11 Feb 24 8% Sep Pet Milk 38 Jun 26% Nov Drug 15% Jan 112% Mar 30 96% Jun 104 Corp July 15 46% July 15 28 5 86 6 157 Dec 43% Feb 1 4 Mar 26 15% May 21 21 Jun 33 15 Stores Inc Peoples Gas Light & Coke Peoria & Eastern Ry Co 49 29% 8ep 99 134% Jan 44% 100 100 40 y4 Dec Sep 44% —50 10 10 5 100 100 4.40% Apr 18% Fob 28 44% 42 % *107 *104% 16 *49 A 17 *32% *155 Light com___No par & 4% % 15% Mar 25 127 443/8 *105% preferred Power 5 31 44% 44% com—_1 Corp 5% Penn 23% Jan 11% Jan Sand Glass Penna 29 11 15 44 48 % *43% Corp—_—7 8 July 4,700 44% 100 Cement Penn-DIxie 16% Dec Mar 5 25 No par $1.32 5 26% Aug 27 65% Mar 19 19 1 No par 2.50 Co_ $1 preferred 24 29% Mar Apr Rust Peninsular 3 27% July 16 105 33% 32% 32% 28 %L 27% 32% 32 38 %v 38% 8% 7% 4 % 4% 4 4 Penick & Ford 37% July 16 Feb 23 21% Aug 10 29 % Dec 14 & Tilford Peabody Coal Co common 5% conv prior preferred— 8 25 Feb 32% 7% Transportation No par Patino Mines & Enterprises 5 23 4% July 32% 75 Parmelee 8% July 12 12% Jan " 1 Corp Distillers Corp 34% Jan 26 ; 31% 1 Pictures 16 - " 10 ; ; 313/4 100* 7*100% 10 2% Apr \ 31% 12% Transp—5 Panhandle Oil Corp 14 Paramount 10% May 11 58 % ♦48% 5% 1 preferred 33% July 15 35 58 % ' ' Panhandle East Pipe L com—No par 30 20 " 49 No par7 3 Car Motor Amer World Airways Inc Dec 2%. Dec 22 50 470 313/4 50 7% 6% 8 93 93 43% 43% 109% ♦109 109 109 32% 32% 333/a *109 32% 333/a 16,800 31% 32 32% 152 *150% 152 ♦150% •150% 152 10 *150% 24 23% 24 233/4 23% 235/8 24 4,500 24 32 79% 7% •92 43 • 31% 31% 31% 32% 313/4 80% X31% 6*8 152 80 80% 79 80 783/4 63/4 8 92% 43 63/S 7% •92 42% 63/4 6% 63/8 65/8 8 8 8 8 94 ♦92 94 [•92 43 V2 42% 32% 79% 6% 8 42% i 300 36% 49 9 Pan 30% Jun 10% Oct 60 ♦48% i 120 V- - 9% 36% 36% *58% 60 86 9 31% 10 preferred 4% Packard 19 7% Feb *58 % *36'/4 13,700 18% *85 50 29 33% Jun 23 60 36% 18 1. 9% 31% 1 Corp *58% 18% 85 *9 31% 126 125 144% 144% 100 100 Teleg com preferred Tin ~ No par —:—^ /; 9% 36% 37 18% *84% 86 *9 9% 36% 60 *58% *49 *84% 86 - 18% 17% 18% - 9% 44% " Pacific Western Oil Corp common_4 Apr 19 8% Apr Mills : 18 ♦85 - 9% ' 1 84% Apr Electric & Lighting Corp__ Pacific 4 63 No par No par 10 25 No par Corp Pacific Telep & 102% Mar 19 26% Jan Apr Pacific 13% July 14 69% Jan 30 Gas 46 9 5 10 common Finance Pacific July 12 Co Coast preferred noncum preferred noncum 2nd 5"% Apr 14 37% Mar 16 47% Jan 88% Mar 25 98% Dec 1 May 13 1st Inc conv cum Pacific 126% May 18 147 Jun 22 9% Jan 52% May 25 2 Mar 64% Oct - July 26 11% Feb 14 ■] 10 25 4% Jun 8% Jan 3 Feb Jun 4% 38% July 14 15 ' 36 50 4 23 36 28V Products 44% July 12 39% Jan Mar 17 Pacific Mar 10 ;33% July 16 119% Mar 10 30 18% 85 *9% 85% 5 14 :62 May 17 142% Jan 22% Nov 25 ^4 Sep • 44% May 17 28% Jan4 2 20 17% —100 Pacific Amer Fisheries Inc 38% Jun 11 Mar 17 34% Dec 110% Sep 22 129% Jun 25 4% Sep 57 73% Mar 26 30% Feb com.—No par preferred 10% Jun 16 88 7 33% Apr 28 3 57% Mar Jan 7% Jan 5 Mar 48 Oct 15 46 82 Mar 10 88 28 May 17 53,100 1,700 5,400 35,000 94 % 100 4J 700 H Chronicle.. The Commercial and Financial 24 . Monday, July 19, 1954 (268) Continued—Page to NEW YORK STOCK RECORD Range for Previous t Year 1053 Lowest Highest " • - Range Since Jan. 1 Lowest .Highest 36% July 16 Sep 14 4 28 5 35% Jan 34% Jan 15 25% Jan 30% Dec 31% Jan 4 15 14% Mar 18 8% dan U 22 8 Sep 10% July Oct" 33% Jan 41 % Feb 31% Dec 22 12% Jan 6 29% Nov 16% Oct 6 22% Mar 23 16% Jan 4 16 12% Apr 12 Sep 9 % July 30% Jan 28 35 Jun 26 Feb 16 32 Jun 4% i 1 18% Apr 27 3 5% Mar 19 1 Reeves 17% July 14 4 % May 4 Dec 23 25 Sep 23 31% Feb 26 24 % July 9% Dec 18 14 % Jan 19 8% May 54% Apr 29 62% Jun 1 29 11, "10% *10% X27% 28 *40 40% *33% 35% *28% 29 29% 29 % '• 18% 18% 18% Mills- 18, Mfg Co 9% 5100 common series 58 97% 97% *10% 11% 28%; *28% 29% 18% 34% *28% 29%' *28% 29 Vi '18% 18% 18 18 "15% 18% 1 ' ■„ 16% 16% 16% 27% - 5% *4% 5% 25% *24% 25% *24% 25% -*9% - *9% 9% 9% 9% 58 / 9% 58 v * 59% *58 . • ' 200 ' ' 100 ' ; ' 1,200 ; 40% "34 / '17% ' - 28 % *40 35%. 40% - *4% f-i v 28% 28% ' *34%' *40 " 15% *24% 19% -27% 25,700 11% 16% \ ' 58 19 Vi 1,500 11% .5% , 25'A : 9% , 36% 28% 35% - *24% 36% 10% *4% . 20,700 36% 11% 15% 5% *4%, 39%* 10% 41 *34% . Shares 38% *10% *40 , 35% - 36%. 11 '28% " . 40% , the Week X July 115 39% 39 *10% *10% 28 r . - *34% 14% 14 50c —— 28 *40 „ 11 & Co— pfd 3%% Conv 59% Jan 20' May 13 56 10% 11 div Relianee 36% 36% ; 36% ... July 15 39% 36 % 38% - 11 prior preference 10 Reliable Stores Corp No par 10% Jan 12 7- 36% 38% 10'/« 2nd Inc_ Bros $1.25 8 Jan — preferred-i—50 :_:_5 Bit Co.— No par (Robt) Rels 37% 36% 1st preferred—___50 Hosiery Roller Reed 19 37% *10%' Co noncum Silk Real -. common—-—.——_50 Co noncum 4% 7 6 7% Mar 20 15% Jan 15 Reading 9 6 Mar 36 40 1, 36% Feb 37 1 —-25 5 Frldav Thursday July 14 July 18 July 12 Par issued" < "When 29% May 24 9 24 . common $2 6 10% July 9 13 26'A Jan 8 5 preferred Raytheon Mfg 12% July 36% Dec 26% Rayonier Sales for PRICES SALE Wednesday Tuesday , * EXCHANGE Inc 39% J-ulv «- , '/■ Monday STOCK YORK NEW * HIGH AND LOW STOCKS ' *58 ' V , *4% . ; * 39,800 5 % 25 25 ,9%- 100 -. 9% 800 , 58% 1 * .220 19% 58% 59% , 2,100 31,000 ' 13% Sep 19% 97 Jan 21 14 Aug 14 Sep 18 4 93% Feb 18 19 Jan 11 22 'Jan 11 36% July 16 3 Jan 4 * 28 . 3 10% Jan 26 52% Mar 17 47% Jan 11' 60% July 4% May 18 11% Jun 108% Jun 7 5% Feb 13 42% Sep 14 '8 51% July 15 30 37% Feb 6"% Apr 22 16 Jun 22 51% Jan 12 Jan 4 Jan 56 6 5 9% Mar 20 4% Sep 21 36% Dec 22 49 Dec 31 58% July 21 2 33% July Aug 10 46 90% Jan 5 78 July 2 88 , Feb 5 95% July 2 104 1 Feb 5 5 98% Dec 14 22% Sep 14 29% Mar 18 14 65 107 , Preferred 43% Sep Oct 22 U 20- 3 7 May 7% Jan 18 6% Apr 11% Dec 23 9 % Dec 31 27% Mar 3 9% May 3 26% Dec 29 44% Mar 10 .'21% May 4 41 16% Sep 15 21% Mar 4 ,> 24- 7 35% Jun 23 18'A Dec 7 43% Dec , Jan 12 41'' Jan 14 " 2 17 96 11% Dec Dec 105 10% Jan 30 17% 15 Jan 18 105 Mar~23 13% Feb i Mar 29 19 17% May 4 14% Jan 1 May 10 9% Feb 6% May 27 13 22% Jan 228 8%;- a% 47 *43 47 79 79 79 97 96% 97 T 96% V 97 *96% 2- .■ 58,200 35% 35 r. -10% '10% 12% 12% 12% 36 35.: ;35% 26 25% 31% 32% • 1,270 . 44 Gas X 10% : 11 19% 211 101 45% 43% 16% 16% 38% 39 19% *219 101 - 222 *217 26,000 333 4 43% 44% 19% - ♦100 221% 221% , . 101 % 7% 7% *16% 16% 16% 3,100 v 3,500 1-9,300 3,700 -.7% 7% 2,200 lb-; a lb^a 16% 16% 37% /38 % 37% 38 V2 13% 7(1 13% 13% 13% 200 45% 12,400 X 4,000 13% *13% 13% *13%- 13% 46 46% 46% 46% 46% 46% 45% 46% 92% 93 92% 92% 92% 92% *92% 140 92% 93 92% 108% 107% 103 3,400 38% 39'A 38% 39% 21% 22 21% 21% 1,900 26% 26% 25% 26% 11,000 68% 68% 63% 2,000 *13% —5 . 400 101 % *100 7% 7% 7% lfa'% 38% - 221% 101 % *100% f „ 15,300 27% 19% "• 7% . ' ' 36% 26% 19% 44% 19% 222 *100 7% 7% 44% ' -10,000 12% 33% 19% 222/ 222 *100 32% 8,300 v 35% 27% 32% 8.800 200 11 - 33 % 37% 26% 19% 44% %44% 19% 12%, 36% 26% 32% •31%' 44% ' 19% 13% 39% 16,700 . 12% 13% 12% 35% 26 7/ 11 Pl% 10% 24 *23% 24 25% ; 12% 31% 52. *23% *' . 52 %; 51% 52% 52% 23% 33 % 33 33% 33 32% : • conv (Jacob) : 32% 51% >, 400 v i, # — 5 5,300 X 2,700 76 75 ; 79 *23% 25% Ruppert Jun 6% Sep 24 14% Dec 29 8 76% *44 23% 35%. 9 92 Jan . 75% 79 52 •- 10% 9 148 21,500 47 33% 10% 16% Mar 11 13,900 6% 8% 23% 23% 39% July 9 149% Dec 51 % 6% 35% 51% 52% 5%% 50% 6% 8 "32% 33 Rochester 51% 35 97% 96% 1,300 123% 35 s 23% 19 21% Nov 24 22'A Jun 4 18% Jan 29 5 97 - 123 79 : 51% preferred . .25 & El Corp—No par Rockwell Spring & Axle Co 5 Rohm & Haas Co common 20 4% preferred series A 100 Ronson Corp 1 Royal Typewriter 1 Ruberoid Co (The) new— 1 Apr * 97" ' *44 79 2,100 29,800 6% ; 75% X .••• 8 8 ' v 34% preferred series A—-—.'—50 Roberstshaw-Kulton Controls com—1 45% July 14 115 47" *78% No1 par No par 33% May 21 25% Aug 14 22% Oct •43 * " 4.50% May 18 27% July 16 33% July 16 17% Jan 3 35% - ; ' i2%; 60% 50% 51 X 6% 74% 35% Antelope Copper Mines Robbins Mills Inc common—_20 5 14% Mar 8% *-34% »■ 79 Roan 11 % July 15 . -78 % -w-76% "«\:i 8% 57,400 5% 11% 59% • 123 123 6% 8% ; ? 60% 59% 59% 49 / 12 130 98 5% «;'' 5 11% 123 122% % 6% '6% 47 1 Ritter Company —* Mar 22 34,700 .z 59% / 79 f 1 Corp 35 36% 4% 60 78% ■ % 8 35 ' Oil 34% 11% 122% 32% 59% May 21 Richfield 18,700 33% * , ■ Rheem 27 11 . 27% 11% *44 100 Manufacturing Co_ 33% July 13 12 48% Jan 5 26% Dec 9 Jan 25% Jan > .1—100 series series, 3.60% 4.50% ■ '! 77% .' 10 r Preferred 10 Jan 80% Jun —2.50 6% Co com— .No par —1 Co— .——10 Reynolds (R J) Tob class B_ Common 26% XX 4% 49%" "49% -49% Reynolds Metals 40% May 18 48% Mar 4 , Mar 16 49% -6% Inc„-—_ Drug *97% 26% . - .No par Reynolds Spring 1 33% 59% 97% 26% 33%. ;12 122% 97% 26% 33 "4% 4% •jX* 122%. 122% A__100 prior pfd series & Brass— conv Rexall 30 8% July . Revere Copper 7% Jan 25 79% Jun 6% 60% 59% - _No par X . /":* 11% 11%' 11% - 97% .27'A' 97 % t 27%. -32% 4% 4% W 19% 19% 97'A ,26%; ; 19% 19% .19% : 19 % - .'97%' 32% 32% -I 1 Republic Aviation Corp Republic Pictures common- _i__50c $1 convertible preferred —'—10 ; 123% July 16 42% Oct ——1 — Republic Steel Corp com— la' 24 Mar 114 115% Mar 17 10 31% Apr ' Inc ' Motors Reo 6 Apr - ' Mar 26 : 5% July 1612% July 16 ' 17 9% Sep 14 40% Sep 14 Z% Sep 48 100 ' Mar 18 27 50c Remington-Rand common — —25 $4.50 preferred — 9 14% Jan 23% May 25 12 19% Jan 19% July 2 23 Feb1 84 * ',19% s 32% Jan Jun 81 40% Dec 23 38% Jan 9 4 V.. \ preferred —10 4.30% conv preferred 100 St Joseph Lead Co—— —10 St Joseph Light & Power—No par St L San F Ry Co common—No par Preferred series A 5% —100 St Louis Southwestern Ry Co—100 5% noncum preferred 100 St Regis Paper Co common——5 1st pfd 4.40% series A 100 San Diego Gas & Electric Co 10 Sangamo Electric Co— 10 Savage Arms Corp— 5 Schenley Industries Inc 1.40 4% 11 108% July 15 14 103% Jun m 43% Jan 5 31% Jan 11 41% Jun 2 16% Jun 29 19% Nov 24 18% Jan 14 22'A Apr 20 22 Dec 29 33% Jan 30 23 % Jan 4 61 Sep 14 77% Feb 2 62% Jan 8 70 Jan 5 211 5 280 May 24 14 123 Apr 9 150 May 14 23% Mar 25 20% Jan 12 93 % Jan 7 30% Oct 15 150 May 26 17% Sep 15 91% Sep 9 312 96 Nov 12 14 27 Jan 13 211 Sep r Sep 160 Apr 21 Sep 10% Dec 22 15 28 11 4 5 22% Jan 11% Jan 69% Jan 20 14% Feb 4 9 4 Mar 23 17 15 Sep 17% Apr 28 Jan 8 26% Mar 12% July 14, 11 6 Jan 15 15% Apr 3 6 15% Mar Sep 20 Feb 29% July 15 101% July 16 10 Feb 24 27% May 25 4 14% May 5 common Safeway 96% Feb 28 88% Jan 93'A Nov 12 Stores 46% July 14 18 19 38% 39% 38% 38% 38% 38% 21% 21% *21% 21% 21% 21% 25% 26% 25% 26% 25% 26% 165 28% 99 29% . *228 250 228 *135 150 *135 15% 25 25 12% 12% 18% 18% 150 13% 29% *100% 10 54,900 101% 101 101 20 23% 630 29% 23% 29% 100% 100% 15% 15% 15% 15% 15% 15% 15% 8,500 25 24% 25% 25 2 5'A 25% 26 2,400 12% 12% 12% 12% 12% 12% 12% 19 % 19 19% xl8% 19'A 19 19% 14,000 13% 18% 13% 4,700 228 150 99 13% 13% 13% 13% 12% 13 21,700 96 3,100 100% 15% 15% 13% *24% , 12% , 68% 235% 29% 100% 100% 100% 68% 67% *130 135 135 / 45% 235% *235% 250 250 *135 69 68;,A 68% 68 Va *235% 15c Corp Schering 108 108 107% 107% 107 107% 107 ' 1 • 2,200 ' 'i Jan 16 70% Dec 85% Jun 1 91% Jan 6 89 Feb 25 102 54 Jun 98 105 18 29 30 Jun 19 15% Jun 10 98 95 8 86% Feb 2 85'A Feb 3 102% Jan 15 17% Dec 3 17% Jan 5 79% Jan Mar 107 2 21% July 14 Feb 19 68% Jun 15 29 74 Jan 14 36% Sep 14 45% July 31 42 Jan 4 59% July 15 15 26 .Dec 8 24 Jan 4 9Q 103% Nov 9 102 Jan 5 21% Sep 99% Aug 24 81 106% Mar 33% July 16 12% Dec 29 17 62% Dec 9 July 6 38 : 7 3 Seagrave Corp Sears Roebuck 18% May 24 57 % Mar 16 66% July 12 13 17% Mar 24 56% Apr July 15 v Jan Co common— 21% Jan 12 28% July 6 Seeger 12'A Mar 12 7% Jun 4 10'A Feb 3 Oct 13 14% Feb 26 6% July 7 9%. Jan 13 60% Oct 27 80 Apr 14 14 69 % Jan 26 35% Sep 42% Dec 3 4 51% Apr 8 54% Jun 40 32 Sep 18 15 8 Dec 29 11% Mar 25 22 26% Feb 24% Dec Jan 27% May 43% Mar 16 4 9% Jan 15 4 29 % Feb 5 Sheaffer 37 30 43% Mar 20 36JA Jan 6 39%. July 16 Simonds Saw 11 43% Mar 20 32 % Jan 4 44% May 25 Sinclair 50% Mar 29 Skelly Oil Co 38% Jun Smith 33% Oct 14 42 Aug 5 35% Jan 23% Sep 29 37 Jan 8 25% Jan Dec 22 17% Feb 38% Oct 21 58% Mar 42% Oct 15 70% Feb 21% Mar 27 4 25 6 4 . 6% May 35 40 i5 May 8 30 18% Jun 1 15% Jan 18 5 35% Jan 4 14 21% Mar 20 15% Jan 18 140% Mar 13 138% Feb 5% Jan 4 7% Feb 27 11% Jan 2 15 Mar 26 14% Jan Oct * 1 53 May 1 49% Jan 32% Dec 31 53% Feb 5 Jan 13 33 40 Dec, 16 33% Jun 39% Mar 16 9 13% Sep 15 16% Feb 2 22% Jun 11 27% Feb 24 5 33% Feb 10 23 Jun . 37% Jan 6 15% Jan 49% Mar 18 36% Jan 39% Jan 40 37 11% Dec 11 15% May 25 4% Dec 31 7% Mar 17 80% Oct • 4% Dec 29 103 44 Oct Feb -2 May 21 2 7% Mar 25 107 18 Dec 21 60% Dec 22 98% Feb 2 101% Dec 16 12% Sep 14 19% Jan 5 35% Sep 5% Sep 14 49% Mar 20 52% Dec 29 14 25 Sep 80% May Jan 12% Jan 4 Apr 85. July 14 Jan 43% Jan 15 5 11 * 28% Jan' 5 86% Jan 4 Feb 11 6 10% Sep 15 20% Mar 18 For footnotes see page 26. 6 27 29% Mar 18 17% Jan 72% July 19 28 91 29 Jan 12% May 17 12% Jan 28 65% July 15 9% July 16 62% July 16 38% July 35 6 July 14 92% Mar 30 12,000 66 % 273/8 273/4 28 7 271/4 27% 48 28% 7% 7% 7% 8 *7% 7 6% 7% 73/8 7% 7%, 55%' 46V4 55% 47% 47% 471/4 47% 46% 47 28% 28 28% 28 Va 28%) 28 : *25%: 8% 8% 8% 8 s/8 83A 83A *25% 26% *25% 26% *25% 26% 100 44% 45% 44 3/4 45'A 433/8 44% 18,100 19V4 183/4 19% 18% 191/4 19 19 % 5,300 v 11% 10% 103/4 10 S/8 11 353A. 35% 35% 36 »/4 36% 37 38 38 3/4 *373/4 38% *38 38% 39 39 41 »A 41% 41 3/8 4l3/4 41 411/4 40% 41% 443A 44% 441/4 443A 36 37 37% 37% ' 44% 443/8 44% 36% 361/4 36% common—_5 100 -100 7% 8% 37% 600 34,500 "44% 5,200 37% 7,900 9% 8,100 37 . 83/8 38% 38% 43 44 45 :45 17 17 *16% 17 17 170 39 38% 43% : . 17% 1,030 300 , I 17% 19% 19% 19% 19% 19% 19'A 19% 19'A 193/a 19% 2,300 43% 43% 43 .i. 43% 42 3A 43% 42% 43 40% 42% 51,000 18% 18% 18%- 19% 19 19 % 19% 20% 20 Va 21% 49,100 1 Inc Inc_ *17 170 - 6% *17 17% ' 170 17%'- 17% preferred z Southern California Edison. 8% 25 25 *35% *52% 44% 17% preferred Mobile & Ohio stk tr ctfs (A G) & Bros Inc 1 Withington Co No par Spear & Co comraoo 1 $5.50 preferred —No par Spencer Chemical Co common 6 4.60% preferred i. 100 Spencer Kellogg & Sons 1 Sperry Corp (The) 1 Spalding Sparks — 2 Spiegel Inc common—s pfd (stamped)_Nopar ._5 — 34 V* —No par 90 12% 12% Co Inc 1 27 Standard Coil Products 13% Apr 14 Standard Gas & Electric Co_No par 34% 90 13 13% 32% 33 36 ' 36% 44% 44% 17% 18 17% 27% 27% 27% 32 31 3/4 32 Va 32 Va 44% 43% " 58 44% 44% 57% 59 58% 59% 46% 47 47 47 90 *88 90 4 47 90 *88 14% 14% 14 Va 4% 4% 5% 5 *4% *75 " 1 69 70 *101%- 103 19% 64 7% - 19% 65% • 19,700 4,600 46% 90 14% 4% 4% 4 3/4 5'A 5 5 *75 90 3,400 14'A 90 *75 90 69 *69 •69% *101% 103 *101% 103 - 400 2,000 69% 68% 102 *101% . 4,300 • 65 19% 19 Va 19% 19'A 19% 7,800 65 3 a 19% 8% 8 61,600 .59 *88 68% *75 " 90 :7,100 44% 14% *5 - - 32% *• 4% 4% 5 58 46'A 2,100 273A ' 14% 14% 4 3/8 31,100 ' 43 % 593/s "46% *88 100 12,900 "18'A 27% 31% t '3,500 36V2 45 17% ' 273/8 . 11,000 32% 44% 18 44 11,600 53 ' 27% ' * * 31% *36 44% 65 Va 65% 64 65 y4 21,100 8% 8% 9 9% 53,400 9 62%, 62% 360 59 %- 59% 60 -601/4 62% 37% - 38 37% 383/a 37% 38 V* 36% 34% 35 34% 88 Va 89 89 Va 90 13 13'A 13 V4 13% 5,700 13% 13% 133/a 13% 11,600 , - - 60 - , com_—No par 14% Jan *52% 33% 32 43 90 13%* 14% 4% 4% 5 5 1 *75 90 70'A 71 *101% 103 18% 19 64%„, 643A 8 8% - -59% 59%^ „37% v38% *52% 53% 53% „ 18 17% 6% 17'A / - 36 • 100 172 17% 21 Vr 31% *88 r 6% 4434 45 ■' 100 6% 17'A 313A 27% 31% " 18 27 Gas & 32% *36 36% 44% - - 6% 17% ' *52% 33% *35% : *163 172 '• 63/4 17% 63A 17 <53% 33% 36% --44% 1—_—5 (The )_ : 6% 17% 34- * ' 6%' 53% ♦160 172 *160 175 *165 6% 17% Brands Inc 43 43V2 •,'"43% 6,900 403/8 40 ' 12,900 11 36 3/8 1391/4 39V» 38% *37% 37% 10% 36 " 8% 8 8% 8 8 *43 43 2,300 5 15 _No par — preferred 7% ... ' ' 43 7,400 . 103/4 *37% -38% 4,700 _ 26% 35% . 610 : 453A 45 19 55% 8% 81/2 8 5/a 253/4 45'A 1 55% 56 288A 28% 8% 25 3A . 700 15,200 7% 481/4 47% 28% 56% 2,400 8 • . 551/2 *55 55 48 8 6% 7% 55 - *7%. 8 33% $3.50 400 66 *52% Standard 2,700 157'b 27% —50 Conv $4.50 34% 15% 66% Co com_4.50 Square D Co 33% 15% 65% 57% 46"% 106 15% 35% 27% 46'A 13 34% *15% 27% 57% 6% Apr 8,400 66 50 19% Jun 4 12% Dec - 8,600 . 27% Southern Railway common—No par 20 36 59 29 65% 5 9 20 107 11% preferred non-cum *105% 106% 58% *15% 363A South Carolina E & G 5% 28% 106% 59% 15% '43% July 13 29 107 66% South Porto Rico Sugar com.No par Indiana 28% 65% 8 Solvay American Corp 4% pfd„ 100 South Amer Gold & Platinum 1 {Southern Co 58% 35% 36% 44'A Socony Vacuum Oil Co Solar Aircraft Co —j. 5% 59% 28 *105% 107 25 10 — Co • ... *15% -42% 103% Jan 4 Smith-Douglass 59 27% : ; 66% Elec„No par 7.50 South'n Pacific Co (Del)——No par 4 11 Smith-Corona Inc: 81 15% 27 Southern Natural Gas Co__ 27 6% Jan 4.20% preferred preferred *78% - 191/4 Corp Smith (Alexander) Inc 3 %% - 81 *78% - 35% — O) 500 81 21 65% 50c- South 23 5'A Jan 9 24% Jan Corp— 30 21% *20% _No par Steel 103'A *20% *78% 103% *102 21% 11V4 — 27% July 16 14% Jun 16 5 53% Jan 6 r 88% July 22 9% Mar 19 31% Jan 1 18 July 13 18% July 16 45 47 55% Mar 31 101 % Apr . 45% Mar, 14 '4% Mar 16 Mar (A *86% 103% 87% *86% % 87 103 87% *15% . 59% July 13 5 .67% Mar 23 , 21% Aug 31 I 80 Jan 54 Oil ; & 3,000 No par !_No par : — of America Corp Co 29% 29 19 32% Apr : t 11 36% Sep 21 Mar 30 73 ! i 4 49% May 20 30 38% Mar 29 6 29 Jun 37% Jan 5 11 July 12 7 17 Vi May 27 . 2 Sep 38 , 1 11 35% Dec i 1 8 25% May 28% Feb 26 21% July 16 170 ! 29% May; 6 34 Jan 11 47 - 8 20% May 21 18 14 May 24 .45% Apr 4 Jun 4% Sep 14% Sep 9 May 24 17% July 4 37% Jan 1 47 13% Jan 12 Dec 121 . 41 ' 5 14% Dec 4 9% Feb 6 Apr 23 , 12% July Mar 15 29 27% 36% Pen Co Mfg Corp 4 30% Sep Sep Simmons 29 % Jan Dec 30 Sheraton 15% Jan 7 13 Sheller 9 6 34 , 29 *86% 59% . *105% 36% —— 20 15 8 7 Co Jan 15 28% Sep ♦ Oil May 10 19% July 5 (W A) 17% Jan 13% Sep 35 Shell 51% Apr 29 43% July 16 105% —No par G)———__No par 1 7.50 (Frank Shattuck 25% Jon 20 29% 21 27% 36% Corp Steel Sharon 8% Jan 6 104y2 28% 81 57% 27% 105% : _No par Gas——_——1 & Oil *103 92 103 *78% 57% 27% 1 common— preferred $4.50 Shamrock 37% Mar 11 4 Inc Servel 92% 104% 20% 20% 81 *91 *103 104% *103 20% 92% 102% 92 87% *86% 87% 104% 57 5 ;_1 Seiberllng 7 ♦78% No par Co— Refrigerator Co Rubber Co.. 11 15 26% Mar 27 8% Sep 20'A Sep *20% 5 _—.— & -*86% *103 20 *91 102% 29 28% 29 95% 93% 95% 97 96% 97% 93 103 X103 106 28% 25 3.65% preferred —.—_— 100 4.30% conv preferred 100 Scranton Elec Co (The) com _5 3.35% preferred ———100 Seaboard Air Line RR Co 40 Seaboard Finance Co common 1 $5.75 sink fund preferred-No par Seaboard Oil Co.—— 1 M'fg Scovill 89% Mar 23 8 Feb 110 4 Jun *104% *91 % 93 *92 preferred —-_No par $4 preferred ———-—-No par 97% 98 97% No par Paper Co common $3.40 26 29% May 26 4 25 % Jan 31% Jan 12 24% Dec 81% Jun Feb 105 May 26 Jan Scott 100% Jun 29 34% 343A 343i 35 89 Va 90 89 Va 90 123/4 13 12% 13% 13 Va 13% . v 13 13% .. €.700 37% ' 35 10.100 ' 410 »<*" Number 5343.., The Commercial and Financial Chronicle Volume 180 (269) NEW YORK STOCK RECORD Range for Previous 49 % *1 Highest EXCHANGE Sep 21 59% Jan 5 52% Jan 64% May 21 65% Sep 15 81% Jan 2 68 % Jan 83%'Apr 19 Standard Oil 67 Sep 15 78% Jan 5 71% Jan 90% Jun Standard Oil 'of -New 31 Sep 21 38% Jan 5 32% Jan 42 % May 94-1 May 11 100% Jan 8% Sep 40 V4 Feb 17 12% May 11 11% Jan 5 2 8% May 21 10% Feb 32% Jan 4 5 12% Feb of 613/4 60% 61% 60% 61% 60 60% 77% 13,800 76% 77% 76% 77% 76% 77% 20,700 87% 85% 86% 40,800 11,600 15 873/s 873A 863/4 87% 86% 87% 86% common 10 38 38% 373/4 38% 37% 37% 37% .100 5 22 % Apr 30 16% Sep 14 23% Feb 2 19% Feb 16 12% Dec 29 17% Feb 2 13% Jan 4 16% May 21 Stix Mar 25 14% July 15 18% Nov 9 17% Jan 20% Dec 28% Jan 9 21% Jan •22 8 4 12 16% Mar 11 15 Dec 49 % 49y2 49% 49% *49% 50% 35% 1,100 35 35% 35 V8 357/b 35% 35% *11% 113/4 11% 2,400 11% 11% 11% 423/4 43 % 11% 42% 42% 11% 41% 42% 413/4 42 VB *93% 41% 42 94 93 % 93% 93% 94 25 5/8 94 25% *93% 25% 25% 25% 25% 25% 26 26 26% 12,000 20% 203/4 20% 20% 20% 20% 20% 20% 16 20% 16 20% 16 4,100 16% *16'A 16 % 16% 16% 14% 16% 14% 16% 1 14% 14% 14% 14% 14% 14% 14% 143/4 19 % 19 1,300 6,900 19 19 19 19% 19% 19 19 1,000 26 % 26% 26% 26% 8,600 38% 38% 38 38% 3,300 26% 26% 26% 26% 26% 39 383A 38 3/8 38 38 % 39% Apr 28 43% Feb 2 Dec 14 30% Jan 10% Mar 13 8% Jan 20 99 July Sep 23% Sep 19% Sep 82% Jan 18 89 5 23 11 Jan 10 Jan Feb 6 Feb 95 Feb 69 2 10 . 8 Sun 76% Mar 15 Oil Co 6 113"% Jan 16% Jan 30 21% Mar 25 24% Jan 26 24% Jan 11 25% Jun 23 4%% 16 23% Mar 26 21% Jan 23% May 10 21% Jun 3 5%% 117 7 14 Jan . 118 7 Jun 8 Class 20 % Apr 20% Jun 28 19 Sunray A 17% 17% 18 38% *38% 39 93/4 93/4 9% 92 *90% No par 73% 1153/4 116% 1 183/4 *25 15 6% Nov 17 71% Jan 10% Jan 29 7 Jan Dec 22 635 Jan 8 22% Jan 520 19 20 14% Jan 4 Nov 6 30% Jan 11 Nov 6 111% Jan 11 Feb 660 May 12 13% Sep 15 25 Jan 14 32 100 Jun 18 113 Jan 13 18% Dec 11 35% Jan 2 44% Dec 14 12% . 4 22 '■ 82% July . Sunshine Biscuits Inc 7 Sunshine 10% Mar 29 816 Jun Mining Co Superior Oil of California Superior Steel Corp.... Sutherland Paper Co common 4.40% preferred 2 16% ADr 9 48% July 13 165 • July 13 25 .'I V" *21% 74% 31,300 1,000 2,600 93 *90% 73% 74 73% *116% 117 *116% 18% 18% 187/a 18% ' 25 25 18% 39% 9% *25 - 9% 93 73% 1,300 117 250 187/b 26,200 22% *21% *25" 25%' 600 21% 23% 25% 21% *21% 22 400 ** " — — 80 80 — ' 26 19% July 14 41% Feb 4 48% July 15 25 50 5 Swift & Co Jan 5 31 % Jan 4 78 86 May 22 81% Jan 13 40% July 13 91 Feb 19 Sylvania Elec Prod Inc com $4 preferred..... ) 30 97% Jun 16 111% Jan 5 105% Jan 14 121% July 15 4% Sep 15 7'A Feb 25 4% Feb 24 5% May 24 5 17% Nov 17 14% Jan 14 Jan 27 15% Jan % Jan 20 16% Aug 13 14 Jan 25 17 % Apr 14 47% Mar 3 40% Jan 11 49% Sep 18 24 57% Jan , 9% pfd cum (conv). 9 (James) Telautograph Corp. L_i Corp....... Jan 2 54% Apr 1 39 Jan 11 Texas Gulf Producing Co 15 110% Jan 5 80% Jan 4 101% July 12 Texas Gulf Sulphur.. 5% Oct 6 5% Oct 15 5% Jan 5 12% May 20 Texas Instruments 30% Sep 14 42% Feb 24 4 48% Jun 24 Texas Pacific Coal & Oil Texas 81% 9% 9% 745 9% 9% 750 *715 *715 9% , 745 *715 2,400 9% i 1,800 lk. 745 t i, 16% 16% 16% 163/8' 163/a 16 16% 2,200 47% 48% 47 47% 47 47% 463A 46 3,4 6,200 !■ 164% 240 i. 165 , 165 164 , 165 163 163 «■ *162 18% 18% 18% 19% 19% 19% ' 19 19 47% 47 47% 47 47% 47% 48% 48% 48% 39% 40% 39% 39% 39% 40% 39% 393/4 27,700 88% 88V2 88% 88% 120 % 88% 88% *88% 90% 330 120 17 64 120 5% ♦15 17% 64% i, ' 121% 4 121 120 >. 5% 5% - 120 5% * 5% 5% 6,200 ; • 15 Vs 15% 17 17 17 17 17 17 2,900 643A 643A 65% 65% 65% 1,700 663A ,67% 65 % 663A 24,500 63% 593/b 613A 10,800 98 98% 15% *15 • 100 15% Pacific Land Trust— 34 101 103. 58 % Dec Oct 6 165 Jan Sep 15 138 Mar 37% Jan 10 6'A Dec 18 12% Mar 30 17'A Jan 13 - Dec 48% Dec 23 - 35 Jan 4 106% Jan 11 140% Jun Jan 11 131 v Col Texas ' Sub 4 Texas Utilities 6 6% Jan 4 11% July 14 20 13% Jan 5 17% Jun 7 2 11% Aug 31 14% Mar 10 13% Jan 7 17% July 35% Nov 42 38% Jan 4 47 Textron Inc 673/a 9% 10 93A 44% 45 44% 66% 66% 62% 64 61 % 98 3A 99% 99 93/4 9% 93/e 44% 44 % 44% 128 129% 129% 129% 126• 128 128 129 130 130% 130 130 10 44% 1 131 131 130 130'A -100 Co________ A' 65 % 1013/s 643A 100 10 126 128 129 131 No par 56% —Nopar Thatcher Glass Mfg Co common___5 57 10% 16 % 50c, common.,. $1.25 conv preferred ... 66% 99% 101% 1 & Pacific R? Co Texas v 66% certificates July 13 57% July 15 i. 67% 65'A Inc 9 107 67'A 10 No par ; 46% Mar 9 16 > -_25 ^ - share 5 16% < 100% 9% 9% 5,100 423A 44% 13,900 Mar 26 $2.40 May 17 preference conv L.No par *45% 2,100 2,300 56% 57% 56% 573/8 573/a 573/B 6,700 11% 11% 11% 10% 113/b 103A 11% 30,600 16% 163/8 17 % 17% 17 % 17 Vs 17% 1,900 17% 17 17 Vb 17 17% 3,000 46 45% 46'A 453A 46 57 10% 563/4 103/a 16 % 16 % \ 17 17 17% 17 Vb 46% 46 % 46% ♦453A " 17 5,400 9,% 45 230 ' ; , 7% Dec 31 6% Dec 31 40 - Jun 12% Jan 9% Jan 1% Jan 39% May 17 3 % Aug 15 41% Sep 15 88% Jan 1 3 l% Mar 8% July 61% Mar 26 /2 28 The 7% Apr Jan 12 7 5% July 14 15 = Jun 29% Mar 27 17% Jan 28 27% Mar 25 18% July 16 23% Apr 35 29 46% Jan 36 % Jan 10 13 % Mar 25 12% Jan 5 14 29% Mar 19 25% Feb 2 36% Jun 12% Sep 17% July Co Timken •' Toledo Roller Edison Co 20% Feb 25 13% Jan 12 10 25 Feb 2 15 % Apr 19 18% July 13 Transue & Williams Steel: 15 17% Jan 27 15% Jan 4 22% July 15 Tri-Continental Corp common 112% Aug 7 20% Jan 30 Mar 19 110 114% Feb 18% Feb $6 24 19 13 Apr 42% Jun 19 47% Feb 25 42 May 28 15% Dec 30 24% Jan 30 16% Jan 1 25 69% Jan 30 49% Jan 8 61% July 15 21% Dec 28 Dec 49 Sep 29 23 45% Mar Coal Co 5% 12,000 % ; 99% 25 27 18% 18% 183A 47% 46% 473/s 47% 47% 47 75 • 99 Vb 100 1% 27% 19 *8% 753A, 1% 1% 25 183A 5 . 9 75 75% 100 24% 28 ; 9 — 753A 4,000 100 13A 340 1% 18,500 27% . 473/B 28 18% 183A 19,200 463A , 18%:; 47% 13,200 4,200 14% 14% 14% 14% 14% 14%^ 14% 14% 6,400 33% 33% 34% 34% 34% 34% 34% 21,300 17 % 17% 16% 17 17% 163A 18% 18% 18% 18% 18% 183/s ,18% 18 3/« 18 21% 21% 111 111% 1 21% 21% 21% 21% 213/4 22% 213/4 111% 111% 111% 1113A 16% *43 17 16% 16% 44% 44% 44% *43'A 21% 21% 21% 21% 59 58 38% 58% 59 60 61% 21% 21% *44% 45% 1 9'A 9% 9% 9% 1 Nopar 12% 28'A 12% 28'/4 :—5 8'A 8% 20 58% Nopar 88% Twin 5% 13% Jan 18 8 41% Jan 5 47 9% Mar 20 6% Jan 4 10% July 15 Twin 10% Sep 14 14% Feb 2 13% Mar 11 Udylite Corp (The) 26 DCic 29 55% Jan 15 11% May 7 27 Feb 24 32% Mar 30 7 Dec 23 13% Jan 8 7% Jan Underwood Corp Union Asbestos & Rubber Co 38% Sep Co 111 22 3A 16% *43 20% 15 45 20th Century Fox Film new 9 Mar 15 8 Jun 163A <;•- 20% 17% 20% 15 45 1 16% Mar 9 Jun 111 17 20"% 44%», 20% 16% 111% 16% 1 City Rap Transit com__No par conv prior preferred 50 22% Mar 18% Jun 15 Coach 5 *8% 33% —50 series of 1952 45 2 70 5 5% 9 19 *57% Conv 5% 1 1% 42% 18% 1 50 15 11% Jan 1 75 100 7% *41% 14% common—__1 (conv) Tung-Sol Electric Co common 35% Sep 25 5% Dec 18 13% Jan 753/4 100 7% 42% , 33% ..No par Preferred series A 1 75% *99 Vs 4% *8% 200 1,400 7% *41 % 42% 14% No par preferred Truax-Traer 22% July 16 15 9 7% 7 9% 33% 5 14 24 43A 7 42 *9 9% 5 Dec 8 4% *8% *9 9% 2 (The)— 13% Sep 106% Jun 17 4% *8% 9 73%. 74% *99% 100 r 1 1 % 24% 24% 7 42 *41% *9 46% No par Bearing 9% 7 7% 41 % 4% i_10- Oil 9 41 % Nopar- : Associated 9'A *7 1 common.: Transamerica Corp Trans World Airlines Inc 25 *9 $2.50 convertible preferred 50 tThird Avenue Transit Corp.No par $3.50 preference 19 11% Jun 4 Nopar Tide; Water July 15 23% Sep 5 Fair ;',Y ■. ! > 47% July 14 14% July 6 Dec - 1 ... Thompson (J R)—_ 15 Thompson Products Inc common..5 4% preferred 100 Thompson-Starrett Co com__No par ' 22 2% May 27 27 14 '' • . i 75% July 14 100 % July * Thermoid 44 19% Oct Nov »■ 9% Apr 30 10 % Jan 92% Jan 3% Jan 9 49% Jan 97% Jan 1% Nov 30 16 27 44 15 9% Oct 14 Feb 14 % Mar 12 4 8% Jan 22 6% Jun 11 8 '■ I . 20% 21% 15 15 15 ♦45 9% 21% 15% 14% 46 *45 10% 10% " , 16% 16% 453/4 1 *44% 22 *62% 21% 21% 15 14% 45% *45 103/b 10 17 18 7,900 .. '■'• 800 31,100 22% 111% 420 16% 8,400 453A 100 22% 13,500 63% 21% 630 44,800 15 3,700 46 100 10% 10,700 u 4 9% Mar 11 15 49% Mar 20 43% Jan 59% July Bag & Paper Corp 16 75% Dec 18 70% Feb 16 89 9 July 12 Union 61% Jun Union Carbide 19% Jun 16 24% Mar 9 21% Jan 25 26% July 14 Union Elec Co of Mo common 104% Jan 15 112 94 Jun 4 110 Jan 2 82% Jun 98 15 97 Jan 8 Preferred $4.50 Preferred 78% Jun 3 87% Jan 8 85 Jan 7 Jun 18 100% Nov 6 99 Jan 5 37% Jun 100 Sep 44% Jun 10 44% Aug 13 115% Jan '5 15 38% Jan 105% Jan 4 31% Apr 102% Jun € 11 48 Jan 26 50% Jan 17 May 14 24 50% Dec 21 45 % Jan 3 106% Jan 29 103% July 4 26 10 15 $3.70 series Apr 7 $3.50 series No par 103% Feb 24 Preferred $4 series—1 No par 25 141 Pacific RR Co common Union July 12 1 4% 51% Mar No par Oil of California—: Union 50% May 24 series 50 noncumulative preferred—50 Tank Car 24 Union 11 67 % Jun 30 United Aircraft Corp common—5 6 106% Feb 3 5% Co No par 29% Jun new preferred convertible 12% 12% ♦12% 12% 12% 12% 12% 12% 900 28% 28% 27% 28% 27% 28% 27'% 283/B 5,300 8% 8% 8% 8% 8% 8% 8% 8% 1,400 59% 58% 58% 89 26% 109"% 94 90 101 86% .. 100 , 26% 59 58 *109% 109 7/a 58% 59 583A 5,600 86% 26% 86% 86% 86% 86 87% 15,300 26 26% 26 26 3/8 26% 26% 4,200 109% 280 59 109% 109% 94 *92% 94 *92% 94 *92% 94% *88% 90 *88% 90 *87 88 87% 87% *99% 101 *99% 101 101 *98% 44% 138% 45% 140'A 27% 64% •103 x44 109 7/a *98% 44% 43% 44% 43 136% 140 % "l6 101 10 44 70,000 7,500 139 . 137% 140 % 51 51 50% 50% 27% 28'A 64 64"% *103 104 *109% Xl09% - *90 *109% *90 *88% 101 45% 46 138% 141 No par Preferred Feb 6 90 Carbon. & 50% 51% 50% 50% 51 51 4,300 28% 28 28 28 28 273/4 28 4,900 64% 105 62% 105 139 643/a 64% 105 *104 633A 65 *104 106 17,500 64% 100 106 f 21% Dec 31 32% Mar 25 104% Jan 30 Dec 17 33% Sep 21 39% Dec July 21 Jan 87 100- 13% Jun 15 23 3% Apr 23 107 16 48% Sep 25% Sep 67 Jan 2 4% Jun 23 5% Feb 24 49 Jan 23 21 16% Mar 20 61% Jan 5 i 21% Apr 27 96% July 40 105 Jan 14 Jun 57% Jan 8 1. 4 11 27 Jan 12 4% Feb 24 ,3% Feb 25 Feb 18 5% Jan 29 86 10 Sep 30 Apr 11 29 31% Feb . 25 87% Jan 30% Jun 70% Apr 29 4% Jan 4 Jun 28 8 63% Jun 29 Jan United Air Lines Inc common 9 United $4^50 107% Apr 20 15% Asr 1 70 72 Apr 30 13 10% Sep 15 11% Dec 28 17% 8 16% Feb .2 11% Jan 4 13% July 16 44 Sep 28 58% Jan 14 45% Jan 4 53% Apr 23% July 22 30% Jun 17 Mar 27 27% Jan 13 37% Feb 11% Dec 29 1 Dec 10 46 Sep 14 95% Sep 22 Sep 103% Oct 159 Jun 30 13% Mar 10 3 2% May 12 65 Jan 5 12 May 25 31% May 24' 11% Jan 12 l%Jan 4 49'A Jan 8 14% Jan Jun 18 100% Jan 12 14 5 22% Jan 4 20 114% Jan 11 174 175 25 182 13 9 120- Jan 175 Mar 16 15% Nov.27 35% Jan 23 56% Nov 30 68 Feb 9 ForfeeenntceecepageJg Jun 29 14% Mar 17 Apr 21 18% Jan 28 < 54% Mar 11 62% Jun . Jan " 4 , 14,000 106 14% 64% 35% 13 % 13% 50% 49 49% 106 < *105 ! 143/4 14% 64% *105 23% 64 *143/4 143/4 64 *35 36 63% < *35 1,200 1,200 15% 64 600 36 3% . 500 106 3% 3% 3% 3% 33/4 33A 72% *71% 72% *71% 72 % *71% 9,900 33/4 *71% 72% 5% 5% 5% 8% 8% 9 66 *13% 57/a 10 66 13% 53A 10 67 *133/b 53/4 5% 15,200 9% 53A 10% 10% 2,600 70 67 67 67 133/4 13% 13% 1,400 13'3A 133/4 16,600 13 13 13 13% 48% 493/B 49% 50% Nopar 49% 49% 30% 30% 30% 30% 30% 30% 30 % 30% 30 36 % 13% 36 % 14% 35% 363/b 35% 36% 36% 36'A 36 Vs 30% 36% 14 14% 14 14% 14 14% 13% 14% 51,000 50% United Gas Corp..—: .10 United Gas Improvement Co—13 % United Merch & Mfrs Inc ."—1 Co • — United Park 15 23 31% Jan 313A 35% 13 - 31% 14% 13% 13 243/b 963/4 10,700 96'A 32% 35% 65 Engineering & Foundry.—5 243/b 96% 31% 65% 13% 5 24 96% 31% 14% 65 Fastener *105 24% 97 65% 13'A Nopar 31 35 13% City Mines Co (The).l Foreign Securities No par $4.50 1st preferred Nopar U S Freight .Co. No par U S Gypsum Co common 20 7% preferred—. — —100" U S' Hoffman Machinery com_J.*.~5. US 1_ Jun 101% Dec 106 3% 72 5% 8% 65- United 3 30% Jun 107 15 *105 106 3% *71 5% *8% *64% United Fruit 26 14% July 13 2% Jun 24% *96% 31% —Nopar Carton Corp..—10 United Electric Coal Cos 22 1 * 32% Jun 36% July 13 67 24% 96% 31% Cig-Whelan Stores com__30c $3.50 convertible preferred—-.100 United Corp (Del) 1 United Dye <fe Chemical Corp com.l 1% preferred 100 6 Jan *105 24 96% 32 15 65% 35% & United 6 May 12 10% Apr 19 72% Nov 31'A 24% 96% 241/4 *96 14% 65 % 35% United-Carr 6 2 No, par preferred United Board 38% May 26 80% J*n of America—Nopar United Carbon 'Co May 27 4% Jan Biscuit 10 series of 1952.100 Preferred 4%% 8 27 & 4%% preferred —. 100 *1% 2 63 64 *105 107. 29% 29% 170 170% *176 179% • 15% 16% 62 62 1% 17/b 1% 1% 64% 64% 64% 64% ♦105 29% 107 30% *105 30 107 30% 13A 643A 30 30 170 170 169 170 168% 178 *176 179 ♦176% x61 16% 61 16 *61% 16% 62 64% *105; 107 *176 *15% 13A 1% 653A *105 16% *61 30% 1% 15,200 6,000 42,500 1,500 65% 3,500 I 107 30% 2,500 2,100 169% 170 171'A 179 176% 176% 10 16% 16% 1,200 62 62 ~ 16 3A; 62 . f'» 1,100 ■» 643/4 153/B 17 64% t 2,000 12,700 ... 5% *15 17'A 64% 18% 121. 5% 15%. /15 8 78% Dec '80% 16% 3)9 39% 88 88 *119% 120% 5% 5% 1 Tennessee *715 81% 9% • 80% 47% No par 65% July 16 74% May 19 69% Jun 25 801/2 18% No par Talcott Inc 29 Sep 79% 25 7.50 Symington Gould Corp 18 8 33 $4.40 81% ,9% 9% *'715 750 16 % 16% 44% 46% 155 155 10c 100 Sweets Co of America (The)__4.16% 40 Sep 80% 12.50 29% Sep.21 16 25 * 18 39 9% *90% *115%, 117 18% 18% r 11 73% Nov 18% 40 39 9% •■ 93 *73% 733A 1153/4 18% 17% *38% 9% 1,100 11,100 * 22 , Sep 733A 25% 39 *90% 1153/4 19 ; 17% 39 9% 93 ' preferred series A 25 2nd pfd ser 1950—20 conv 2nd pfd ser '50 called 17% > 93A *90% 733A 100 common Corp conv 5%% 18 383/4 preferred common 4%% Oil ■ 66 • 26% 383A 38 15 20 " No par 10 68% Nov prior preference. *19 *93 % Stromberg-Carlson Co 10 Studebaker Corp ,_1 Sunbeam Corp __No par Sun Chemical Corp common 1 $4.50 series A preferred No par 23 110 Corp 94 Stone & Webster 6 200 11% 26% July 12 29 Feb 50% 35 50% 40% July 8% Sep Oct 50% 13,100 353/4 Baer & Fuller Co.. 5% 16% 11% & Co Inc Stewart-Warner 16% July 14 14% Apr 28 26"% Jun 92 20 19% July 15 38 20 Jan 16% 35% Stokely-Van Camp Inc common 10% Sep 15 16% July 1 16% 5 2 preferred (J P) 16% 5 36% Jan Stevens 4,800 16% 100 15 25% Nov 23 15 9% 100 5 7 30'A F^b 9% 100 10 91% Jan 3%% 9% *99% 9% _1 Co_< Sterling Drug Inc common 97% Mar 31 37% 100% 9% 100 9% 100 Chemical 14 24 37 % 100 % 9% 17 *99 9% 17 No par (The ) L S 377/b 9% 163/4 101 9 16% 50 94% Jan Jun *99% 1 17 87 Share$ 61 763/4 Jersey Ohio the Week Friday July 16 62% 36% Feb 7 Sales for Thursday July 15 78 21 44% July PRICES 613/4 Dec 38 HIGH SALE Wednesday July 14 77% Sterchi Bros Stores Inc - July 13 25 preferred series A Ry Equip Mfg Co Stauffer 18 Tuesday July 12 No par ! of Indiana Oil Starrett Co 36% May 24 5 of California Standard 50% May 24 5 11% Jan 42% Feb 7 17% May 25 3%% Monday Par + Stanley Warner Corp__ 16 30 % May 47% Dec Dec~30 1 8 17% Jun 4 Oil Standard 12 102% Mar 11 Jan 30 12 13% Mar 26 99 8% Dec LOW AND NEW YORK STOCK Range Since Jan. 1 Lowest Highest Standard 10% Continued—Page 11 STOCKS Year 1953 Lowest 25 180 , . t' p Chronicle... Monday, July 19, 1954 The Commercial and Financial 26 (270) CODtlOBtd—Page IX NEW YORK STOCK RECORD Range Since Jan.1 Year1953 23 13 '/a Nov 7% Oct 34 - 22 22% Jan 17 % May 13% Mar 17 7% Feb 24 40% Mar 17 36% Jan 4 Jan Sep 14 57 % Dec 11 64 6 59% Feb 32% Feb 2 24 Mar Jan Oct 23 70 Oct 26 85% Jan 5 70% Jan 74% Nov 9 6 79% Jan 13 23 % Aug 31 18 31% Jan 127% Sep 82 May 7 89% Apr 12 29% Jan 11 134% Jan 6 67% Jan 2 37% Jan 4 2 54% Jan 13 61% Jun 5 39 Jan 11 52% July 13 144% Jan 28 143 Jan 4 6 54 Dec 31 66% Feb 15 4 4'/8 Jan Aug 31 10 6% Jan 2 16% Jun 24 35 Jan 26 7 Jan 4 6% Dec 22 9% Mar 19 6% Jan 4 30 90 Mar 18 73% Jan 5 92 1% Dec 31 4 Mar 19 1% Jan 4 Dec 31 15 23% Dec 13 9 3 % May 17 14 27 Sep 3 167 Feb 17 14 Feb 2 19% Dec 22 % Jan 29 Sep 30 Jan 11 7 68% May 20 63% Jan' 10 35% Dec 18 34% Jan 21 30% Sep 15 45% Mar 25 36% Jan 13 11% Dec 22 17% Mar 23 11% Jan 4 27% Dec 8 32% Mar 25 28'% Jan 7 5 'A Jan 4 23 % Apr 0 10% Jan 29 128 127 Apr 13 i 1 24 % Apr 28 29 Nov 30 100% Dec 24 92 Jun 3 100% Oct 30 Jan 4 Jan 11 2 115 7 19 105% Apr 30% Feb 28 Feb 8 11 101V* Jan 2 25'% Jan 4 Feb 19 25'% Jan 4 Dec 7 57 Mar 25 7 18 Mar 4 13 May 17 22 30 Jan 5 14% Dec Jun Feb 148'% 46% 463/4 46% 48'% 473% 48'% 60 58% 58'% 58'% 58% 700 52 513/4 523% 52% 92,100 *59 60 51'% 52% 148 154% 51% 17% 9% 90 91 91 36 36 8% 8% 11'% 10% 11 92 92 8% 11% 10% 91 92 *91 1% 1% 1% 1% 13/4 16% 15% 15% *15 Va 16 3/a 1,700 8% 37,000 60 1% •15 1% 13% 2,400 163% 1% l3/4 ♦15% 3,700 100 363% 91 10 17'% > *36 10 8% *8% 173% 83% *8 3% 5,800 1543% 17% 17'/4 363/4 *36 36% 4,000 156 1553/4 155 155% 17% *36 8% 90 154% 17% 780 148 147 149 *15% 163% 100 2,200 1% 1% 1% 1% 1% 1% *1% 13% *1% 13/4 *27% 28% *27 % 28% *27'% 28% *27 Va 28'% *27% 28'% 25% 25% 25 % *25% 26 26 158 *25% 26 *157 158 26% 26% 158 . 22% 300 158 *157 158 *157 158 *157 30 23 2,400 *223% 71 38 38% 38% 39 71'% 71 71 70'% 70'% 220 39% 39% 39% 38'% 39'% 4,100 58'/4 23% 70% 22% 39 23 70 22% *70'% 23% 70 223% 59 58'% 60'% 59% 58 % 59% 61'/4 19,500 11% 11% 11% 11% 11% 11% 11% 11% 11% 2,500 29% 29% 29% 29% 29% 29% 29% 30 30 6% 6% 6% 6% 6% 6% 6% 6% 6% 39'% 38% America—No par — 2.50 ♦130 131 131 130 130 *130 133 ♦131 39% 5 35 35% 35'A 35 96% *95 • 96% *95 96'% 26 26% 26 26% dlv partic preferred -100 134% 135 $5 com.—10 31'% 100 114»% preferred .100 preferred $4.20 dividend preferred $4.04 dividend Virginia Ry Co 6% preferred common - 7% 113% 26% 26% 10 13% -20 preferred " *27% 26.'% 26% 66% . *62 26% 20 28% 2,700 13'% 27% 26 26'/4 - •13»/4 13'% 27% 27% - 2,400 500 67'% 67 j 13% 13% 27% 63 67 *65'% 0 10 104'% *28 *13% 29 63% 28'% 26'% ' 66'% *27% 104'% 190 100 100 28% 28% 29 114'% •102 •102 28'% 13% 1,200 4,400 31% 113% 100 26% 13% 31'% 114 »/4 *98'% 66 66 13% 113% 27% X26 67% ♦66 29,400 27'% 136% *135 - 104'% *102 104% 27% 31% 100 *98'% *103 ' 114'% *113'% 99'% 27% 5 31% *98% 103% 31% 96'% 26% - 113% 27% .. 31% 137% 20 6,300 34% *95 27% 137% 31% 10 . 34% 96% 27% 137% 99'% 103% ,r. 25 '- " 136% *95 27% 114% *98 .100 Corp (The) Vulcan Detinning Co common 26% 135 31% 31% -25 Visking 4 134'% 35% 5,500 39 *131 35'A 34% 35'A *95 1,300 4,300 6% •131 —w *131 -100 preferred 60 — *131 131 No par 8 9 39 39'% 39 131 *130 Chemical Co 39 39 39 18 Jan 148% No par Virginia Elec & Power Co 7 29 36% 149'/2 29% 3'% % 71% May 19 16 Feb 1 6 26'% Apr 15 23,800 58'% 6% 102% Apr 30 28 6 32% Jun 35% Feb 31 36% Mar 140 37 11% 137% July 14 64 25% Dec 25% Dec 27 27% July 14 99'% July July 20 89 36'% 2.50 95% May 26 4 112»% Jun 12 92 89 37'/a Va-Carolina Chemical com 35'% July 4 27 89 36'% 17% 10 90 89 22% Victor Chemical Works common 4 Jan Jan 123 114% Nov 5 Jun 106 10 20 27% Nov 17 Sep ♦76'% 400 6,700 37 47% 154 36% Vicks Shreve & Pacific Ry com_ _100 5% noncumulative paeferred. -100 9 July 14 8 130% Jan 15 22% Jun 23 112 79 _10 Vick 89 8 25% Jan 26'% 79 Vertlentes-Camaguey Sugar Co_ -6'% 39% July Jun 26 79 ' x9% 1 Van Raalte Co Inc 10 131 27'/4 26'% 79 51% 17% 8% 68 89% 100 preferred Power & Light Co Van Norman Co 7% May 19 130 148% 154 *36 100 preferred Vanadium Corp of 29 26 Va Jan Mar 20 92 July 17 16% Oct 28 88 52 17% 68 *88'% *59 153% 61% May 18 8 60 100 Utah Mar 26 30 >% Jan 126 Mar 19 3 —50 60 No par 68 *76 3/2 47 Universal Pictures Co Inc com July 13 30% Feb 48 preferred 39% July 15 13% Jan 37% 148% *47 Tobacco Co common 6,600 •653/4 37% 37 148 51% 100 573% 89% 37 5 No par Corp 8 »/4 57 ♦73/4 79 89% 100 50 preferred 1st 4 % % 124% Mar 26 31% Dec 29 6 May 29 125% Jun 125 5 89% common 8% 7 Jan 71 Jan 5% Dec 1 27% Jun 79 *88% 73/4 57% 26% 263/4 26% *76% *76% .100 73/4 563/4 68 *65'/2 68 26% 8 58 57 57 *65 .100 Universal-Cyclops Steel Corp __1 Universal Leaf Tobacco com_Nopar- 23% May 24 28% Jun 61 3 165 27% convertible preferred—No par Paper Inc common—2 4% convertible preferred 50 Universal American Corp 1 7 2% Feb 12 18 154 26% United Wall 7 30% Mar 11 8 18% Jan 15 155 26% Jun _1 $6 July 16 17% Jan 11% May 12 1% Jan 4 29% Mar 12 32% Dec 1% Nov 66 17,100 16% 16 16'% 16 Shares July 16 July 15 16'% *73/4 8 55% 54% 66 noncumulative preferred—25 United Stockyards Corp ^1 United Stores $4.20 noncu 2d pfd_5 30 11% July 14 22% Jan 53% .10 153/4 15% *7% 8 _20 1% Apr 1% Jan *7% preferred— Steel 1% 38% Mar 16 9 noncum s u s 11 72% Dec ' u July 16 25 8 % May —10 15% 15% 15% Smelting Ref & Min com s 1% 29 9 39% Nov 4 156 u 3 July 14 the Week Friday Thursday Wednesday July 13 .1 common— preferred ...... s Pipe & Foundry Co s Playing Card Co s Plywood Corp common. 3%% preferred series a— 3%% preferred series b_ 8% 7 Jun 54 18% Feb 21% Feb 26 17y« Dec 35% Dec 150% July Co u s Rubber Co common 37% July 12 2 Oct 33'/a Sep u 144% Mar 11 37 135 July 16 u 68 7 97% Apr u 28% May 28 3 11 22 Jujy 14 58 Lines s 4% % 8% May 25 26 8 22 u 25 Tuesday July 12 Par exchange Sales for SALE PRICES HIGH AND Monday stock york new i Highest Lowest Highest Lowest LOW stocks Range for Previous *27% 1,000 •' 29 . 40 w 70% Mar 11% Dec 22 13% Mar 10 11% Apr 30 21% Nov 24 29% Jan 24 Jun 43% Jun 16 52 51 Jan Sep 2 15 105 15 3 26% Mar 4 5 61% May 18 4 8% Mar 30 5% Jan May 12 Feb 4 25 Sep 6 % Sep 18% Jan 98 3 27 1001/2 Jan 4 Jan 19 12% July 15 13% Jan 19 17% July 16 Feb 9 29 Dec 5 9 22 Dec Mar 13 9% Mar 9 11% Sep 15 17% Apr 16 14% Apr 24 18% Nov 20 17 21 28% Sep 14 33% Mar 19 31% Dec 30 23% Sep Feb" 104 25% Jan 37% May 14 24% Jan 27 4 19% May 3 3 Wardell Corp Warner Bros Pictures Inc Warner-Hudnut Inc Warren Foundry & Pipe Warren Petroleum Corp Washington Gas Light Co Wash Water Power Waukesha Motor Co Wayne Knitting Mills 27% July 16 Jan 31 % Feb 15 37% May 24 30% Jan 29 Jun 9 30% Jan 34% July 16 24 Sep 14 30 Mar 16 25% Jan 32 % July 16 13 Sen 14 17% Apr 9 24% Mar 23 131/2 Jan 16% Jun 19 % May 14 21% Mar 11 18% Dec 8 Sep Sep 10 28 4 14 13% Feb 25 9% Jan 5 12% Mar 27 10% Jan 4 12% Jan Wayne Pump Co Webster Investment 13% May 24 15 25 21% Sep 1 28% Feb 24% Jan 5 36% July 14 73% Oct 1 84% Feb 77% Jan 5 4 29% Jan 17% Feb 16 20% Mar 18 16 Dec 30 28% Jan 32, Jun 9 37% Feb 141/4 July 98% Jun 17 107% Jan 88% Jun 18 102 89% Jun 9 12% Nov 5 21% Nov 5 25% Dec 21 104 17% Jan 8 , 11 4 5 Jan 15 99 Jan 7 104% Mar 31 99% Jan 15 96 Jan 7 102 16% Jan 15 109 5 8 90 ii 1 10 41 % Apr 53% Jan 19 2nd preferred—100 Western Pacific rr com No par Preferred series a 100 49j/2 Jun 4 26 % Apr 75% Jun 25 5 102% Feb 15 12 10 22 14 127 May 4 Mar 4 30% Sep 15 40% Mar 17 Oct 14 86 24% Dec 14 30 i/s Mar 24 Jan 8 Sep 15 30% Dec 21 4% Dec 20 Jan 8 21% Dec 15 Apr 13 18% Sep 7% Sep 11 21 63% Oct 98% May 18y4 Mar 17 127 May 14 4 36% May 28 82% Jan 4 89 25% May 10 27 Jan 11 85% Mar 15 8% Nov 7 3 White Sewing Machine Mar 19 21% Jan 4 26 8 Feb 5 Mar 10 70 Jan 5 Jan 17 15 Oct Apr 24 16% Jun 10 Jan Dec 21 42% Dec 22 5 2 21 Jan Jan 26 Sep 15 Sep 10 14 9 20% Dec 31 25 9 % Jan 29 73% Apr 12% feb 12 19 7 7 32 Feb Apr 1 14 Jan 4 7 Jan 12 6% Jan 22 1 23'a Apr 1 53% Mar 34'/2 Jan "37 20"% July 15 53% July 13 45% Jan 47 % 21 July 15 88% May 19 170 July 15 & Co Lovett Grocery Co Wisconsin Elec Power Co com 10 142 8 77 393/4 Apr Wilson-Jones Winn 10 100 Corp—10 10 Woolworth (f w) Co 10 Worthington Corp common No par Prior preferred 4%% series—100 Prior pfd 4%% conv series—100 preferred Public Service Woodward Iron Co Wisconsin 29 Wrigley (wm) Jr (Del) No par 8% July 15 Wyandotte Worsted Co 5 Yale & Towne Mfg Co 25 1 88% Jun Jan 4 49 21% Jan 4 27% Apr May 21 13 York Corp common 51% Jun 9 60% Apr 13 20 May 3 4%% convertible preferred 50 Young (l a) Spring & Wire.No par Youngstown Sheet & Tube No par 9 13 34 Sep 14 47% Jan 5 38 Jan 4 11 Dec 31 16'% Jan 2 11% Jan 4 13% July 15 Youngstown Steel Door 62% Dec 29 84 Jan 0 63%Jnn 9 73% Apr 14 Zenith 5% Apr 13 7'% May 20 Zonite 4% Feb 26 Radio Corp Prodhcts Corp •Bid and asked prices; no sale on this day. fin receivership, or petition r cash sales, wd When distributed, x Ex-dividend, y Ex-rights. - 1 6% v 24%-Tan 21 47% July 15 3% Oct 28 No par No par 10 preferred £4.25 51% July 12 6 Co 100 Wilson & Co Inc common 22 21 77% Jan Oil Wilcox Jan 39% Jan preference Prior 18 18% Jan 116 71% May 12 6% Dec 31 15 28% Jan 137 1 common—1 20 5 Jun 40% Apr 23 30 V4 Jan 4 Mar Sep /: Mar/ 75 101 8ep 14 9% Apr 31% Jan Sep Jun 93% Jun conv White Motor Co common 5%% preferred 36% July 15 May 27 Mar 26 24% Jun 47 $5 26 % Mar 19 126 16% Sep 4 8 8 6 31 Jan 27% Feb prior preference—No par White Dental Mfg (The s s) 20 26 21% Mar 24 % Jan 36 5 Feb 10 10 12% 100 12.50 100 No par Weston Elec Inst Corp Wheeling & Lake Erie Ry Wheeling Steel Corp com 24% July 7 129% Apr 26 30% May noncum Western Union Telegraph Westinghouse Air Brake Westinghouse Electric com 3.80% preferred series b 19 6 3 993/4 Jan 23 July 15 22% Jan 52% Dec 1 Jan Mar 11 44 58% July 15 50 % Jan 30 15 91% Jun 80 104 4 29% May 18 22% Dec 126 11 35% May 39% Sep 16% Jun 9 96% Jan 2 12 Va 12% 56,200 17% 17% 17% 21.500 263/a 27'a *27 19,800 25 Va 24% 25% 26 263/4 27% 27 27% 27% 27'/a 500 27% 35% 35% 35% 353/a 16,100 353/a 35 35 Va 35% 33% 33% 34 34 :■ 343/8 343/a 34% 34% 30% 30% 30% 30% 31% r 31% 31% 31% 32 Va 12,900 15% 15 va 15% 15 Va 15% 1 15% 15% 15 15 20% 20% 20% 20% 1,700 13 % 13 Va 13 Va 2,000 20% 20% 20% 20% 20% 13% 13 13% 13 13% 13 Va 12 12% 12% 12% .12% 12% 12% 35% 34% 34% 34% 36% 35% 36 7 35% 88% 87% 87% 88 88 88% 19% 18% 18% 18% 14% 18% 14% 40% .'40% ••41% 14% 14% 14% 40 % 40% . 103 103 *101 r 99% 100 " « 100% 103 88 883% 130 183/4 17% 18% 8,200 14% 14 % 14% 1.900 42% 8,400 109% No par _No par 1 41% •109 11% 11% *101 103 *101% 103 *100% 101% *100% IOII/2 31% 113/2 500 33 Va 323/4 331/4 7,200 106% *1053/2 1061/2 90 11% 11% 11% 33 106'/4 *106% 106 % 106% 106 % 10% 10% 10% 10% 10% 10% 103/8 10% 483/4 49 48% 49 48% 48% 48 % 48% 23% 23% 23% 24% 24% 243/4 45 % 45% 46% 46% 473/a 55% 55 55% 55% 56% 23% 100% 42% 423/8 24% 24% 72% 101 % *101 *24% 24% 69 101% : 23% 1,500 7,400 24% 24% 24% 48% 48% 481/2 2,400 58% 57% 58 Va 17,500 101 101% 1,500 102 *101 433/a 44 43% 43% 37,500 243/4 25% 243/4 25 Va 22,500 70% 30,200 101 % *101 23% 23% 23% 23% 69% 71% 693/4 *101 101% 200 233% 1,300 6,200 . *127 *127% *127% *129 *1273/2 % ■l 36% 85% 36 Va 86 36% 35% 36% 353/4 36 343/4 353/4 85% 36 34% 24 5,400 57 703/4 *101 10'a 49% 47 % 43% 71% 10 483/4 „ 24% . 25»a 25 25% 24 *27 '/a 42% 101% 69% 71 % 101 Va 1013/a 101 101 % 41% 101 110 106 % 11% 33 Va 55 % 90 110 32% 11% 32% 41% 10,400 88% 42 v : .7. 100% 11% 100% 1,500 35% 109% 32% *45 123/4 •12 17% " 14%" 110 *101 99% 1,500 14% , ' 110 110 110 110 . 106 % 100 63% Mar 25 99i/4 Sep 12% 17% 11% 2 48% Aug 13 ' 12 17 »/a 27% 24% 25% 101 101 102 101% 11% 32 14 67% Mar 16 - 33% *98% 100 Western Maryland Ry common—100 18 ; 800 •101 19 14 4.000 " 35% '110 26% Jan May 14 10,500 11% 16% 27% !; 40% 49"% July 37% Feb 16% 73/a 21 % xl6% 11% 16 Va 102 102 i. 11% 7% 21% 19 22 46% Sep 103 11% 1,500 73/a 22% 88% 43% Apr 27 4% •101% 103 60 % 7% 21% 60 Va ■; 34% com__2.50 32v4 Mar 25 Apr 28 26 22% 13 Sep 45 21% t 12 57% Mar 11 6 22% 99 22% 20% Jan -20 7% 15 % 15 ■43% Sep 60% 7% 29% 5 4 60% 25% 60% 7% x33% 5 Mar 60 Va 25% 60% 35 Coal & Coke 10% July 15 1,900 25% *27 West Va Pulp & Paper com 4%% preferred Western Air Lines Inc Western Auto Supply Co 110 600 25% 7% 24% 1 No par 3 No par No par 5 5 1 5 West 4 11% 25% 60% 16% 33% July 16 8% Jan *11% 25% 11% 13% Mar 18 Virginia 11% 25% 7% •101% 1 5 4.10% preferred series c 1 11% 25% 60% 22% 4 105% May 20 Jan 12% Jan Sep 29 15 8% Sep Mar 11% 11% 25% 7 100 63 63 63 ♦62 63 *62 11% 60% 9% May 20 231/4 Jan 11% 11% 25% West Kentucky Coal Co 4 West Penn Electric Co__. No par West Penn Power 4%% pfd 100 4.20% preferred series b 100 25 111% Apr 11% $4 convertible preferred—No par West Indies Sugar Corp— 1 42% July 16 36% Jan 104 % Jan Co_ Wesson Oil & Snowdrift 88% July 12 17% Nov i *62 Wabash rr 4%% preferred 100 Waldorf System No par Walgreen Co 10 Walker (Hiram) g & w No par Walworth Co 2.50 Ward Baking Co common 1 5%% preferred 100 68% Mar 18 Mar 20 60 2 14 59 86 85% 85 3/8 85 853/4 853/2 86 273/a 27(4 500 10,200 27% 27 Va 27% 27% 27% 27%. 27 Va 35 34% 35% 35% 36 36 36% 35% 92 91% 92 91 420 36 % 91 91% 92 91 91% 91 Va 6 6'/4 6'/a 6'/4 6'/a 63% 6'/4 6% 23% 23'% 231% 23'% 24 x23 23'A *22% 23% 23% 23% 233/8 23'% 23i% *23'/a 23% 22% 400 23'/a •22% 23% 6'A 6% 8% 8% 9 10,900 900 1,300 16,600 9 8% 8% 8% 8 7/8 83/4 8% *71% 72'% 71% 72'/4 *71% 721/4 *72 72'% 72'/4 721/4 10'% *9% 10 1% *9% 10'/a *10 10 »/a 10 10'A 300 *9% 51'A 50% 51 493/4 50'% X49% 49% 49'% 49'% 4,600 50% 32 31% 32 31% 31% 31% 31% 4,300 *138 V4 140% 20% 20% 31% 31% 32 300 *139% 140% *138% 140 3% *138'A 140% •1381/4 1403% 20'/a 20'A 20 Va 201/4 20'/a 20'% 20% 20% 52% 53 52% 53% 52% 52% 52'% 53 44% 44 44i% 43% 44% 431/a 44 44 44 33,500 45i% 47% 46% 47% 21,400 43% 45% 45% 46'/a 45% 45 463% 87 87 170 *166 170 165 87 87 87 86% 86% -45% 24'a .*54'% 21% 453/4 24% 55%: 21 % " 70'/2 71% 6'a 6'% 6% has been filed for the company's 1,300 7% 8'% 8'% 8% 8% 8% 14,900 .45% 46 24% 55 46»/4 12% 70'/2 6% reorganization, 70 88'% 45% 12% 70 - 290 88 178 88'/4 45'a 46'a 13 88 *170 87% 170 87'% 45 24»/2 54»/4 21% 45% 12% . 900 x87'/4 87 24% 54% 213/4 168 165 8,400 533% 87'% 87'% 7% 7'% 7'% 7% 87'% 871% 87 *165 *52'% •• 24>/i *54 *21% 45% 12% 6% a Deferred delivery, 24% 55% 55% 22 21'% 21% 47% 46% 47% 13% 13 63/4 47 24% 13% 13% 72 6'% 723/4 70'% 72'/2 5,400 6% 6% 6% 4,500 54% 4,500 ' 24% 54 22 47% 713/4 71 46 47 . . 15,000 400 1,400 ' 28.400 6,800 Number 5343... The Commercial and Financial Chronicle Volume 180 27 (271) Bond Record New York Stock Exchange «» FRIDAY - - WEEKLY • YEARLY - %%% S'.r.awhm th* —■ LOW Range for Previous GOVERNMENT Year 1963 Lowest Range since Jan. 1 Lowest Highest Highest 99.24 May 12 BONDS AND HIGn SALE Monday EXCHANGE Tuesday July 13 PRICES Wednesday July 12 NEW YORK STOCK July 14 Low Low High Low High Thursday July 15 High . Low Friday Sales for July 16 High Low the Week High Bonds 1$) Feb 108 94.8 Mar 25 94.8 Feb 19 23 95.20 Oct 23 Feb Feb 108 15 111.12 *110.30 111.2 111.10 *111.10 111.14 *111.10 111.14 *101.20 101.22 *101.19 101.21 *101.19 101.21 *101.19 101.21 *101.18 101.20 *104.6 104.12 *104.6 104.12 *104.6 104.12 *104.6 104.12 *104.6 104.10 1961 *104.6 104.10 *104.4 104.8 *104.4 104.8 *104.6 104.10 *104.6 104.10 1958-1963 *106.16 106.24 *106.16 106.24 *106.16 106.24 *106.16 106.24 *106.16 106.24 Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury 19 15 98.29 Feb *110.30 1956-1959 1960-1965 1956-1958 *108.24 109 *108.24 109 *108.26 109.2 *108.26 109.2 *108.26 109.2 *102.13 102.15 *102.12 102.14 *102.12 102.14 *102.12 102.14 *102.11 102.13 1958 *103.16 102.18 ♦103.16 103.18 *103.17 103.19 *103.18 103.2.0 *103.18 103.20 2%s 1961 *102.19 102.23 *102.16 102.20 *102.18 102.22 *102.20 102.24 *102.20 102.24 2V2s -1962-1967 *101.20 101.24 *101.22 101.26 *101.23 101.27 *101.26 101.30 *101.26 101.30 2%s .1963-1968 *101.8 101.12 *101.10 101.14 *101.12 101.16 *101.16 181.20 *101.14 101.18 2y2s 2%s June 1964-1969 *101 101.4 *101.4 101.8 *101.6 101.10 *101.12 101.16 ♦101.10 Dec 1964-1969 *100.30 101.2 *101.2 101.6 *101.4 101.8 *101.10 101.14 *101.8 101.12 2%s 2y2s 2%s 2Vis 2Vis 1965-1970 *100.22 100.26 *100.24 100.28 *100.28 101 *101.2 101.6 *101-2 101.6 1966-1971 *100.16 100.20 *100.18 100.22 *100.22 100.26 *100.28 101 *100.30 Treasury 3 Vis Treasury 2%s Treasury 2%s 16 Mar 25 98.29 Feb 95.20 Oct 102.4 16 1978-1983 Treasury 2%s 102.4 1955-1960 Treasury 2%s 104.16 Dec — 23/4s 2%s 2Vis -Dec 15 June 1967 99.14 Oct 23 99.14 Oct 23 99220 Feb 15 99.20 Feb Treasury Treasury Treasury Treasury Treasury 15 101.2 *100.8 100.12 *100.14 100.18' *100.18 100.22 *100.20 100.24 100.16 *100.16 100.20 *100.20 100.24 *100.22 100.26 100.12 *100.8 100.12 *100.14 100.18 100.22 ♦100.20 100.24 *102.23 1958 *100.8 *100.12 102.25 *102.22 102.24 *102.22 102.24 *102.22 102.24 ♦102.22 102.24 *102.27 1957-1959 100.12 100.14 *100.8 Dec 1967-1972 June 15 101.14 *100.10 1972 Sept 1967-1972 Treasury 2%s Treasury 2%s *111.6 102.29 *102.27 102.29 ♦102.27 102.29 *102.27 102.29 *102.27 102.29 *101.28 101.30 *101.27 101.29 *100.18 2%s 2y4s =1956-1959 *101.29 101.31 *101.28 101.30 *101.28 101.30 .June 1959-1962 *101.10 101.14 *101.8 101.12 *101.8 101.12 *101.12 101.16 *101.12 2 Vis —Dec 1959-1962 *101.10 101.14 *101.8 101.12 *101.9 101.13 *101.12 101.16 *101.12 101.16 .Dec 1954 *100.21 100.23 *100.21 100.23 *100.21 100.23 *100.21 100.23 *100.21 100.23 Dec 1954-1955 *100.21 100.23 *100.21 100.23 *100.21 100.23 *100.21 100.23 *100.21 100.23 2s 2s 101.16 International Bank for Reconstruction & Development 90.16 Jun 17 94.16 Jan 91.25 Apr 92 Jun 16 95 July July 20 93.8 Jan NOV 101 1 25-year 3s Jun 16 25-year 3s Mar 1 1976 102 Apr 15 30-year 3y4s___ Oct 1 1981 102.8 Apr Feb 4 - *99.20 1 23-year 3%s May 15 1975 *102.8 19-year 3Vis Oct 3-year 3s 15-year 3%s Oct 104.24 July 15 100 *99.20 100 *99.20 100 100 *99.20 ♦99.24 100 ♦101 101.16 *101 101.16 100.8 *99.20 *99.20 101.16 ♦101 101.16 6 24 100 *99.20 100 *101 102.28 Feb 13 *99.20 100 *99.20 July 15 1972 104.12 Mar 10 101.16 Jan 101.20 Feb 100.24 NOV 9 101.24 Feb Oct 26 101 100.16 Nov 30 Jun 100 94.24 Jan 4 Dec 98 2 97.16 May 12 100 Jan 96 I 94.8 94 15 2 100.4 *101.4 101.20 102.24 *102.8 102.24 *102.8 102.24 *102.12 102.28 *102.12 102.28 15 1971 *104 i 104.16 *104 104.16 *104 104.16 *104 104.16 ♦104 104.16 1 1956 *103 i 103.12 *103 103.12 *103.4 103.16 *103.4 103.16 ♦103.4 103.16 1 1969 *104.8 104.24 *104.8 104.24 *104.12 104.28 104.24 104.24 *104.8 _due Feb 15 1955 *99.16 *99.16 100.16 *99.16 100.16 1956 100.16 *99.16 100.16 *99.16 100.16 *99.16 100.16 *98.16 *98.16 100 •98.16 100 - jan 104.24 10,000 Serial bonds of 1950 2a 2a -due Feb 15 2a 2a -due Feb 15 1957 -due Feb 15 1958 2a -due Feb 15 28 28 and asked price. No sales transacted this day, - bqNDs • - Interest r New York Stock Exchange Period ' *99.16 100.16 *99.16 100.16 *98.16 100 *98.16 100 *97.16 99.16 *97.16 99.16 *97.16 99.16 *97.16 99.16 ♦97.16 99.16 1959 *97 99 *97 99 *97 99 *97 99 *97 99 1960 *96 98 *96 98 *96 98 *96 98 ♦96 98 -due Feb 15 1961 *95 97 ♦95 97 *95 97 *95 97 *95 97 due Feb 15 1962 *94 96 *94 96 *94 96 *94 96 ♦94 96 Cash e New Transit Unification Yerk . sale.-r Registered FOR WEEK - 100 bond transactions JULY ENDED 16 < Week's Range Last or Sale Price Friday Friday's Bonds Bid & Asked Low v 100.16 i RANGE 2 Friday *99.16 -due Feb 15 Odd lot transactions, a 100.16 i 2a. ♦Bid *99.16 Sold High Range Since BONDS Interest Jan. 1 New York Stock Exchange Period • No. Low . High Brazil City (continued) Low 19 * Bonds- . Bid & Asked — * 3Vis series No. Issue— Week'* Range * or Friday's . Last Sale Price June-Dec *83% : ' Range Since Sold Jan. 1 No. *82 y« High 82% 79 3 Vis series No. 20 -Jane-Dec 1980 105,! '104Vi 105]76 •- 17 98% 105% .June-Dec *96 3Vis series No. 22 Corporate Stock June-Dec 3Vis series No. 21 , 3% June-Dec *89 99% 84" *83- BB¬ 77%. 3Vis series No. 23_.—,__2 ..June-Dec 3Vis series No. 24. June-Dec 3Vis series No. 25 82 , 92%' 81 v 96 90 81 82 .June-Dec *82% June-Dec *83% 80% 83 3Vis series No. 27 June-Dec *89 81%* 90 June-Dec *82 % SS" 80% 83 90 80% 83 79 83 3Vis series No. 29 June-Dec *83 3 Vis series No. 30 June-Dec •83'• sinking fund 5s 1957. Mar-Sept Sinking fund gold 5s 1958 Feb-Aug Caldas (Dept of) 30-yr 3s s f $ bonds 1978_Jan-Julp Canada (Dominion of) 3Vis 1961 Jan-July Wertheim & Co. REctor 2-2300 120 : Broadway, fclew York Tor 2Vis NY 1-1693 SAChile {AGuaranteed sinking §AGuaranteed fund sinking 6s fund 1948 6s A 6s Feb-Aug 1947 April-Oct — — (Kingdom of Norway) 4s 1968 Mar-Sep SAAntioquia (Dept) collateral 7s A 1945 Jan-July {AExternal sinking fund 7s ser B 1945—Jan-July {AExternal sinking fund 7s ser C 1946—Jan-July {AExternal sinking fund 7s ser D 1945—Jan-July A External sinking fund 7s 1st ser 1957_April-Ocf AExternal sink sec AExternal sec 20-year 3s s Antwerp ser 7s 3rd fd sink 2nd 7s Called bonds 5s {ABrazil (U AExternal s f reduced s 75 52% 101 53% external 8s *9918 41 24 100% 100% 100% 100% 99 Va 3.375%) f 6'/2s of 42 97 97 100% 97 62% April-Ocf . *100 66 ♦95 64% ♦95 — reduced to 3.375% ) reduced to 3.5% ) June-Dec 1978 June-Dec funding bonds of 1931 due 1951 Stamped pursuant to Plan A (interest reduced to 3.375%) *100 -- assented Consol assented A7s 1961 6s fund 6s 1962 67 . ■ 125 107% 109 y4 AColombia 2 — -7- 61 67 95% 80 90 101 67 „ 11 ■ ■ — __ 59% 68% 92 97 A6s of (Rep of) 1927 3 — — 59% 66 92 99 SACosta 2s Cuba 66% 13 — — 60% 94% ref Rica 40% 39% 39% 63% 66% 63% — 38% 67% 67% 65% " 65% *10% 64% 40% 6% 20% __ 12% 115 / ■' 20 108% *113 105 113 Jan-July *113 105 113 April-Oct April-Oct 1953 1953 of) 7s 1951 May-No» 1972 1977 11 *100 59% 51% 109% 99% 102 102% 4 99% June-Dec 74% 102 % 99% 59% 59% 10 50% 52% 48 108% 109% 56 44% 41% 107 68% 59 y8 65% For Financial Institutions April-Ocf (Plan B)— f 3%s series No. 1 June-Dec 87 87 87 2_ June-Dec /To 78% 33/4s series No. 84 84 l 77% 3 June-Dec 83% 83% 76% 84 3%s series No. 4 June-Dec 84% 77% 84% 3%s series No. 5 June-Dec 83% 77 % 7 June-Dec *90% 3 Vis series No. 8— June-Dec *82 % 3Vis series No. 9 June-Dec *87% 33/4s series No. 10 June-Dec *91 3Vis series No. 11 June-Dec SECURITIES 83 % 33/4s series No. FOREIGN 84% 3%s series No. . 3Vis series No. 12 3Vis series No. 13_. .June-Dec 14 .June-Dec 3 Vis series No. June-Dec - *84 83% 83% 89 78 83% 90 87% 88 91 81% 87 *90% *82 85 83% 88 77 85 83% 79 85 __ June-Dec *82% June-Dec 83% For footnotes see page 31. FOREIGN SECURITIES SPECIALISTS 50 Broad St., New York 4, N. Y. 83% *83% *83% : 90 76 June-Dec June-Dec 17 89 78% 15 16 3 Vis series No. 80 78% 3 Vis series No. 3Vis series No. 3Vis series No. 18 f!ARL MARKS & r?Q. iNCa 93 84 88 *86 87 FIRM TRADING MARKETS 90 % 85 __ __ Telephone HAnover 2-0050 75 99% 1 1979 67 72% '74% Apr-Ocf external 63 73% Map-Nov due 4%s 62% 53% 72% 62% 66% 61 10 123 6s of 1928 Oct 1961__April-Ocf 103 1 , 40% 64% *40 110 66% 38% *66% 115 38% 64% *40 *66% Mar-Sepf 66% 38% *40 1961 (Republic $ bonds (Republic of) 66% 38% *40 {ASinking fund 7s of 1926 due 1946_—May-No» 5 A Sinking fund 7s of 1927 due 1947 Feb-Aug SACopenhagen (City) 5s 1952 June-Dec 4«/2s 66 __ 41 40% *40 April-Oct Map-Nov Mar-Sept 66% 36% 108 40 *66% June-Dec 3s ext sinking fund dollar bonds 1970 {AColombia Mortgage Bank 6%s 1947. 25-year gold 64% Jan 40% 38% 39% Mar-Sepf 1960 66% 63% __ *40 April-Oct 1962 Municipal 7s 1960 106% 2 *40 *66% 66 63% — 40% 39 *66% Map-Nov 1961 41 63% __ (interest 5% External dollar bonds of 1944 (5 6% April-Ocf 1979- 1952 Stamped pursuant to Plan A sinking fund 66 % 38% *66% June-Dec L_June-Dec 66 '/a 40% 38% *40 -June-Dec (Hukuang Ry) 5s 1951 {ACologne (City of) 6y2s 1950 Stamped pursuant to Plan A (interest JA7s (Central Ry) A 6s AChilean - 3 62% 67 __ April-Ocf 6'/2s 1957 --J— 1961 62% 64% __ __ *40 39% 40% 38% *66% June-Dec 1993 1957: assented assented 4A8s 99% (interest 1957 assented 3s 40% 66% 38% *66% Mar-Sepf Mar-Sept April-Ocf 66% 62% *40 April-Ocf Map-Nov Map-Nov 1963 2 112% 112% 108 % 108 % — bonds $ AGuaranteed sinking 100% 41 154 99% fund AGuaranteed 101% ioi y2 : April-Ocf 1979 1927 due 99% 100 100'/8 6s AChinese 112% June-Dec 1978 ) A6 Vis 99% fund 1963 Mortgage Bank A6V2S 102 101% 101% — AChile 106y4 101% 101% • 57% sink 101 % 99 43% Extl 1962 sinking assented 102 • 100% ' assented 6s A 6s 5 100% April-Oct June-Dec 1962 77 101 % Feb-Aug 1941 23 104 Feb-Aug 99% 40 *40 Jan-July fund 6s sinking 63% -2 66% ' 66% Jan-July 1961 AExternal AExternal 56% Feb-Aug 1961 assented Jan 1961 87 101% 101A rJune-Dec Jiihe-Dec 6Vis of 1926 due 1957 to 90 June-Dec 6%4 1945 extIfls 1955 Stamped pursuant to Plan A AExternal 85 Feb-Aug 3.'5% to 75 103 Feb-Aug Stamped pursuant to Plan A (interest reduced 90 June-Dec of) of) S *83 ; 53% State) (Free 1960 Sept 1961 85 99% 44 I_ assented Feb A 0s 94% *66% AExternal sinking fund 6s A 6s assented Sept 1961 A 85 74% *83 June-Dec ABerlin (City of) 6s 1958ii ^^1'- §A6V2S external loan 1850 85 85 71 84% 104 f ; ~1 87 90 101ft 1962 (Kingdom —— — J 20-year 3 Vis 1966 {ABavarla 84% < 71 , 100% *83 J- >—_r 20-year 3%s 1967 Belgium 75 90 90 Jan-July 10-year 3Vis 1957 3%s *83 June-Dec Jan-July 1955 10-year 3%,s 1956 15-year 83% 90 *83 1957—April-Ocf ser external 5s 1958 (Commonwealth) *83 1957_April-Ocf f $ bonds 1978 (City) Australia fd 99% *99% 8 *40 May-Nov Aprfl-Oct April-Oct 1960 ARy external sinking fund 6s Jan Akershus 99% external s f 7s 1942__.May-Noc 6s 103% 94% 99% 54 AExternal sinking fund 6s Feb 1961 Agricultural Mortgage Bank (Columbia)— 102% 26 *53% sinking fund assented 1 36 99% 1942 (Republic) assented A 6s 53% 103% 103% 98% 1974 5 A 7s Government and Municipal 4 53% 103% 102%, 104% 102% 104% 44%' 56 1 103% 103% Mar-Sept 25-year 2Vis 1975 : Mar-Sepf Cauca Val (Dept of) 30-yr 3s s.f $ bds 1978_Jan-July AExternal Foreign 103% 103% (City) 25-year Teletype Members New York Stock Exchange it,r ; 83 " Brisbane .Telephone : 3Vis Series No. 28 •, " 84 ' 3Vis series No. 26— Foreign Securities L *86 - Low 78% High 88 Teletype NY 1-971 59% 52% 114% . 1954,'i, Chronicle.. .Monday, July 19, The Commercial and Financial 28 (272) t. NEW YORK BOND RECORD WEEK ENDED JULY FOR RANGE Interest Period BONDS New York Stock Exchange (Dept of) Czechoslovakia (State) —Jan-July 1978— 3s Sold — 104% A qq7/h ya/8 100% 100 7» April-Oct (Kingdom of) extl 472S 1962 (Republic of) — extl extl 3s f s AEstonia 5 7aS of loan dollar 70% 70% S8V4 70V* Prussian of 1972_ 78% 76% 50% 49% bonds 45 57% 58 65 A6s external dollar loan reduced 1963—Jan-July 62 61 62 26 Apr-Oct 59 57% 59 39 ' issue due 1953 1953 International loan of June-Dec dollar bonds 1980 3s dollar bonds 1972'. German 4 1924 Dawes loan) (extl loan §A7s gold bonds Consolidated SA7s 7s due 1930 6%s 1st & June-Dec 80% 45 571/4 95% 97 35 8278 97 87% 85% Feb-Aup 1950 extended to 1960 A7s part ,paid Italian Credit Consortium 30-yr gtd §A7s series Italian s B Public f Jan-July Utility Institute— s f 3s 1977—— gAE'xternal gAItaly Jan-July %s extl A5%s loan extl '24 1965 of 3s f s 1975 to bonds $ 93 93% 36 May-Nov May-Nov Aprtl-O ct June-Dec Jan-July 1957 1978 86 93% 80v« 11 . 301 7372 85- 567a 447« 53% 53% < A472S Mexican (1922 agreement) small 1943 §A4%s assented ANew ASmall Mexico (1942 of 1899 ~9% 10% *9% 1968-Jan-July agreem't) — § ASmall (1922 agreem't) ' — § ASmall §A 4s (assented 16% 17% Aluminum 1922 to agree't) 1910 (1942 agree't) (assented to 1945 — *15 V) extl Stamped ASecured II II ; ex'i — 2.125%) >58 2008 3%s debentures (Kingdom of) 3%s 1957 (Kingdom of) 4%s 1956—.! *101% 102 __May-Nou 1 41 101 101 99% „.Feb-Aug 37>s sinking fund external 1957 —ApriZ-Oct Municipal Bank extl sink fund 5s 1970—June-Dec (City of) 6s 1952 *98 % *102 % - . ' 99 1 no no inni/ 1 ,!LU — nSi/ '8 *101% 105 —-.Feb-Aup Oriental Development Co Ltd— 99% inov nni/8 101 Too l4j conv debs conv debs < Atl ' * * §A6s extl loan-(30-yr) due 1953 extended A5%s extl loan due 5V2S ' < —Mar-Sept —Mar-Sept —May-Nou i—May-Nov 1963 (30-year) 1958 i 1953 to extended 1958—, to 1968 Oslo (City) sinking fund 4%s ,1955 —April-Oct §APernambuco (State of) 7s 1947 ..Mar-Sept Stamped pursuant to. Plan A (interestreduced APeru ; to 2.125%) (Republic ANat extl s f f 6s 6s (Republic of) A4%s assented series . A4%s assented Porto 8s 7%s 1966 reduced stamped (interest APrussia ■ A6s s to to gold extl §AR10 de Janeiro ('27 loan) reduced 1 of) reduced to 2%) 65 " 55 65 9 10 8 11% *10 % Plan 8 10 41- *40% 72 • . .. j , ( , external Stamped loan of , 12 11% 9% 7% 12 41 39 39 __ - 42 56% *38% *53% 41 % reduced to 2.5% ) 37 Va 37% 10 551/- 31 377b reduced to 2%) 2012—. A7s external loan of 1926 due Stamped pursuant to Plan 7s 1967 to 2.25%) *68 *49% 45 50ya *58 56% 58 June-Dec *40 Va A I . *42 37 7s 62 (interest 2004 ..June-Dec stamped pursuant to Plan *40 42 37 40% 41 41 377a 41 94»/4 95 9272 9772 A * (interest {ARome • 4074 6072 *60 . reduced (City ofj For-footnotes to 2.25% > 2004 6%s 1952 see page 31. June-Dec L__ * ApriZ-Oct ... ,, „, „ 95 100 100 r; 8574 703/4 957s 947/8 9572 53 91% 97% 9672 96% 97 67 93% 87% 98% 9174 9172 24 127 95 C874 106 123 111% / 7 9274 97% 93 9974 105% 97% 132% 13474 134% 124% 94% *9772 105% 97% 130 7Z 132V2 13272 101 99 7»» 1007/« 10174' 9974 99% — 126% 95 — 95 10374 *.. Jan-July — • 1183/4 1351/(J - 99% 102% 31 96% 1027a 20" 98% 103'/«. 1. 91 .7 10 102 96 101..-103% 80 / 34 . / ~7 103 ; 124%,. -111-% 119 101. 10-3 7a 106 7*. 109% 1 -1017a . ►. __ > 66%- 69%- 117,= fC 1 ;• 83 101 /- £9% » 99% *104 105 — 134 74 '• - • 119% 93 109' *104% — 1323/8 6872 101% 109 99 7a 118 2,047 1237a 123% . '119 , 119 ' / I ^ *103V4 104 v L.. 1067a 84 __ 102 - ,95% W 25 10374 10374 *82% 6872 104 7a 22 " 94 74 127 ■ 102 97% 132% 134V4 1357a 98% 98% 95 * 95 - __ 104 103 7a 10 96 . 103% ' > 105 .J0Q3/4 1067+- • . » 9872 261 93% 987a. 103 74 104 74 24 99% 1047+ 79%-?. 837a 80 * 83 837i 116 74% 837* '.»-9772 9872 April-Oct 104 827/a March 1 2000—. Mar-Sept — March 1 1996— Mar-Sept 8272 M general and „79% 97 73 Vt 83 109 737a 83 74 . 50 8672 95 626 64% 743/4 98 38 93 74 98 7974 883/4 747b 92 71 95 74% 98 - 9672 — ,_May-ZVou 4s series A 1980—.: div first mortgage 5% ser A 88% 8672 88% 73 84 84 84 12 7874 Jan-July 96 95 96 25 90 5s series C'1960—.April-Oct — 1°8 1961_May-Nov 10872 — Industrial s Loan f debentures 27zs 1980_Jan-July 1976 debs Apri!-Oct - June-Dec Feb-Aug 1959—— 2%s series I 1970__i Boston & Maine RR— , 5s series 98 7a — 76 76 85 85 — 83 85 — 99 99/2 98% 98% 98% 83 101% 101% — 10072 10072 — 10 AC 1967— 80 80 80 — 100 1°° 1 5472 — ; - 7374 7472 53% 55 * 100V4 10172 98 98 _ i. 7a 109% 987a 72 7a 110 2 77 110 2 79 113 52 97 100% 10 95% 6 98 7a 1027a 3 97 101 5 767a 81% 997a 1017a 7 7 98% 42 76% 707a- 75% 69 51 "7a 59 — 73% 94 84 96 107% 5 .. Mar-Sept First mortgage 5s series II 1955 May-Now % First mortgage. 4%s series JJ 1961., ApriZ-Oct ' First mortgagees series RR 1960 ..Jan-July > AInc mortgage 472S series A July 1970_May-Nou Bristol-«lyers Co 3s debentures 1968 April-Oct ; - Brooklyn Union Gas gen mtg 27/8s 1976-_Jan-JiiZy ! 1st mortgage 3s 1980—-. ^.Jan-July mortgage 98 7a ' Jan-July Consol mortgage 2%s series J 1976 May-Nou t Consol mortgage 3s series K 1979J——..Jan-July Borden (The) Co 2%s debs 1981—i—Mar-Sept Consol .mortgage First May-Nou 3^ 9774 6274 due A6 72S (interest 1966 . . Bethlehem Steel Corp— 1 June-Dec 1968 i, — — 9374 7774 1966j2__Jan-July u Jan-July City Electric 6s 1955——; §A67>5'S f debentures 1951—— i { April-Ocf external sinking fund gold Stamped pursuant to Plan A reduced April-Oct 107 80 1964—.June-Dec ABerlin 42 * 51 (interest A6s A 1979—— Bell Telephone hf Pa 567a •t Feb-Auc 1999— 472s RR Bangor & Aroostook RR 4 72s conv 142 V. 33% „ 100 1043/4 494 mortgage 4s series, A July 1975 Beneficial " 10474 1007a 70% April-Oct (372% fixed & 172% conting int) Toledo-Cincinnati division— .1 79 127 10074! 1013/4 43 First lien and ref M 4s series D 1985—Jan-July 79% 68 — 10574 9874 85 1977 ") Refunding 417i 67% 138 1033/4 32 Pittsburgh Lake Erie & West Virginia— " l 70 *58% 74 10 10 697s — 72 '131 1017a 717a 84 mortgage 6% '(2%%- . fixed and 3%% contingent interest) — r Series J due Dec 1; 1995 June-Dec A4%s convertible income Feb 1 2010———May 15 8% (interest 1946 — Series K due Ref - — 1921 debs 3%s B Series 69% —April-Ocf pursuant to Plan A — 1027a 99 133 *105% 106 *96% 9972 „ Refunding, and. general mortgage 5% <2%; fixed t and 3% contingent interest)-^-, Series G due Dec 1 1995 t June-Dec i §A8s 9972 10272 100% mortgage 5% series B (4% fixed and 1% contingent interest) July 1975,April-Oct 18 7% (interest 2012 — 1043/4 1017a .First 72 April-Ocf Feb-Aug I. June-Dec . S'western Mar-Sept 1946_i 101 102 101% 85 1965 Baltimore;& Ohio RR— „ A 2006 A 13 84% 100% 102 — — • Jan-July 1953 (State of) f : 2001 A 18 *7% 2001 6%s Stamped pursuant to Plan Rio Grande do Sul 55% 65 ; ' Jan-July loan) 1951_Mar-Sepf Apr-Ocf 8s 2.375%) to secured 64 7 8 65 1952 Stamped pursuant to Plan 5 AExternal 64 7% 1950 7s (City 55% Jan-July to 2.25%) (Free State) 6%s ('26 f §ARhine-Main-Danube 67 8s 1950—Jan-July 2.375%) pursuant reduced 40 —ApriZ-Oct Alegre (City of)— 1961 stamped pursuant to Plan A (interest 5874 36 9% 1964 debentures 37+s 5874 *9 777a 76 *36%—43 *8% 1963— Refining-2%s debentures .Atlantic 101 Va *8% 11% 142 697/e Gen mtge 47»s ser C 1972.1 ' .. 130 64% ApriZ-Oct DAExternal sinking fund gold A4%s assented 1963 70% 100% *65% 1947—April-Oct 1968 118% 73 15% 67a 130 5 8172 *103%" *10172 — *102 7a — 10072 101 *7472 77% 104% 104% 9972 9972 1027i 103 10072 100% mortgage AV2S-4S ;Ser A 1980__li__Mnr-Sept First I960—June-Dec § A Stabilization loan sink fund :7s 124% 124 % 100% 100% IV? 84/a *52 ! 2nd series 1961—April-Ocf gold 6s 1940———April-Ocf 1958—— 77/a *71 2008_T 1st 137 82% 81% - __ "I 100%: Mar-Sept external 7s 1959——Mar-.Sept of) loan extl s ANafr loan §APoland 137 • 82%' Coast Lin* Gen ..... 6s 102 Ann Arbor first.gold 4s July 1995.——.—Quar-Jan ' • — A P W Products Co 5s 1966 —__i„——ApriZ-Oct •.*'%_ Associates Investment 3%s debs 1962—_^Mar-SepZ — Atchison Topeka & Santa Fe— * ' General, 4s 1995— —i— April-Ocf — Stamped 4s July 1 1995—J. '—i——May-Nov Atlanta & Charl Air Line;Ry 3%s 1963_u—May-Nbo — „ nns/ —April-Oct 1971 debentures Anheuser-Busch.Inc ,19972 *101 Mar-Sept sinking fund 4Vis 1965 sinking fund, external loan 1963 8172 — American Tobacco Co debentures 3s 1962—April-Oct 3s debentures. 1969 April-Oct 3748 debentures 1977 Feb-Aug Anglo-Lautaro Nitrate Corp 4s 1960 June-Dec 5tJ .... 33/a 45 '38 1 1973—; debentures conv 3%s ^°/4 1961, 1987 - 2%s 5,5 /4 , T—.Mar-Sept debentures 3 72S ,.... § A Nuremberg 2%s , „al/ 1959—Mar-Sept External 4s — Jan-July ,—June-Dec ApriZ-Oct June-Dec June-Dec —Feb-Aug Mar-Sept Jan-July 1982 debentures 3%s il 515 40 '38 Netherlands Norway 18/4 , Mar-Sept '14074 1407» 1 ApriZ-Oct —- 1986. debentures 2%s 94 &J/4 '58 1 (interest 2008 fund 6%s 817a Feb-Auy 1975 2%s ... sinking reduced to ; *94 99% ; Jan-June 1980 debentures . 17% 92 % 17% *16% 2.125%) debentures 2%s 1 . *16%' 18 Stamped pursuant to Plan A (interest - - 1963:Jan-July agree't) -- . sinking, fund 6%s 1958—.Mar-Sept to 2%s > , __ 1952 pursuant to Plan A reduced 15 /8 lew 16/4 , April-Oct (1942 6%s (State) 15% 2 — s Power 2%s conv debentures — Geraes 15% 94% 72 ,1 - 94% " 957+ ' - 8 7s 8 7a __ f debs 1964 —May-Nov deb 5s 2030—Mar-Sept 3%s Corp - 967a J *987a 99% *7574. 92 957a * 92 > American Telephone & Telegraph Co— ; II Jan-July „ (City of) & Foreign 1922 to 1933 assented new Bosch 90% 89 7 - 12% 1970—_May-Nov lf66_—.June-Dec 4.80s junior debentures 1987 -- — 1963_Jan-July agree't) (assented American I" ® f \ *15 Vi (1942 ASmall A Secured . : agreement) § ASmall Minas * .Jan-July assented § A Treasury 6s of 1913 A6s ■ agree¬ ASmall §AMilan 9% 9 Va 3%s Ltd " 1 _ *94 „ — — , debentures 3s American -- > Canada of Airlines American 1968—Jan-July 1922 Co . 95 % 93 95 7s 93 _i 1984 1007/. 997a ■ . __ 17% 3 7as 86 167 INDUSTRIAL COMPANIES *16% mortgage 147 79 43 — — May-Not 1967 66 — : — 93 372S 1972—Jan-July 37is 66. 166* *1007a> — . 77% 60 " 557a " *167 V __ June-Dec RAILROAD AND Great Southern — 82% 83 - — v 1_ 1347a i- *146% — Feb-Aug —June-Dec 17% —June-Dec assented new I *65 7a 67% 1- 1307a 71% 747a v r 1217a 1 *67 . 74% 68 7172 *72% .. 101% — — — 1374 1007a 30 1257a 1257a __ 19% 107a i—^.Feb-Aug 177a *16 1963_Jan-July :_I (1942 agree't) 1954 ment) 71 92 15 120/ 126 *125Va. 71 „ . 149 87 10174 101 % 10174 June-Dec 16 ~ . § ASmall A4s 12 17 — " 1904 of *10 17 7i : ASmall due 1872 17% 11 : assented A4s new *_„, % -■l 1945—Quar-Jan Large A4s of __ *1674 ; — §ALarge new June-Dec Albany-& Susquehanna RR 4 72s §A5s assented A 91 —-Mar-Sept 1975 April-Oct Alleghany Corp debs 5s ser A 1962— May-Nou Allegheny & Western 1st g.td 4s 1998—„Aprii-Ocf Allied Chemical & Dye 3 72S debs 1978 April-Oct Allis-Chalmers Mfg 2s debentures 1956—-Mar-Sept Aluminum Co of America 3 7as 1964 Feb-Aug 3s s f debentures 1979 June-Dec §ALarge A5s *— __ 6s of *26 1961 to 1971—— Power first mortgage 1st 26% *147 __ June-Dec Alabama __ 15% 143% __ Jan-July Jan-July . * 267a 55 . . extended 107a Quar-Jan 1945 . 15% ;. . ... : 1958 817a 26 23% 23% 22% 22% . .June-Dec 1963 (City, of) 196i due 6s — due . Jan-July 1953 to Alabama 1968 (Republic of) §A5s — 1943—May-Nou 23%"/. 237+. _ June-Dec ser $ assented A Yokohama Irrigation— §A4%s assented - 1962 (City) external 7s 1959 AWarsaw > '1/ • May-Nov May-Nov 4s-47»6-4%s external readjustments 1978.Feb-Aug 3%s-478S-41B<s external conversion 1978_June-Dec 3 72S external readjustment 1984— Jan-July Valle Del Cauca See Cauca Valley (Dept of) 8874 19% n 25 % '24% ( : 139 . 647» Mar-Sept 7s dye 1945 extended to,1955— Mar-Sept SAUruguay (Republic), external 8s 1946—Feb-Aup AExternal sinking fund 6s 1960 May-Nov AExternal sinking fund, 6s 1964 May-Nov 3%s-4s-47es (dollar bond of 1937)— External readjustment 1979.1 May-Nov External conversion 1979—„; May-Nov 1 160 87 129 139 84% 86 25 957a {101 * 14572 6 93 1st mtge 87 80 » .. . 73 84 / 74 78 __ 1 June-Dec • 59 ~ *84 UJigawa Electric Power Co. Ltd— SA7s 1st mtge s f 1945 56% 95% 156% 157% 156% (City of)— 80 *__ . 1958.., 1953 extended 6s 52% 127 ; • — 87 , (interest external 7s 1958 assented §A6s *101 *137 i965 '30 (State Mtge Bank) 7s (Colombia) 6%s 1954 30-year 56 i. Feb-Aug 1964— to extended ■ Feb-Aug 1954 Jugoslavia AMedellin 567a 51 — 1954 extended due 5%s of loan 52 7a 41 54 *95% June-Dec 7s 1951 (Imperial Govt) 6%s due 28 — 53% 53%'- 81% 87 *79 § A With March 1 1952 coupon on Tokyo Electric Light Co Ltd— 991/3 j .Jan-July 1952 7s (Kingdom of) 97 53% *93% 64 79 — 1961 April-Oct 572S due 1961 extended to 1971—_April-Oct §A5s sterling loan of. '12 1952 Mar-Sept 123 54% 53% 53 % 827a __ A5 72s extl loan of '27 457a 187t 104 1 98 53% Mar-Sept 30-yr gtd ext Japanese 69 *—: 54% 49% for Public Works 1977 3s 1947 ext 40 105% 105% April-Oct Jan-July 43 38 Feb-Aug April-Oct part paid 1968 Hamburg (State of) 6s 1946 Helsingfors (City) external 6%s 1960 Italian (Republic) ext s f 3s 1977 197i Tokyo 41 May-Nov 1964 A6s 1007a • 63 70 — __ *92 5726 due 1971 extended to 1981 987a — 59 Jan-July Sydney County Council 3728 1957 Taiwan Electric Power Co. Ltd— A572s (40-yr)' s f 1971 162% 100 7» 1017a 15672 164 7a *164 507a — April-Ocf extended to 1952 ASilesia (Prov of) 162% *100 due A4V2S — 60 Jan-July 5A6V2S 1st mtge s f 1952 95% 76% 91 101% *100 Jan-July ; ! 10272 6V2S 87% *165 7a Jan-July 1954 1950 mtge gen Feb-Aup 1944 §A A 63 23 Government— Greek A 6 164 — — extended to 1944 A ser § A 71'% 50 Elec Power— 1st mtge series A 6%s due (Young loan) 1965 *53 „ — 1968 2012 reduced to 27c) 49% June-Dec ApriZ-Oct 58 Jan-July 2004 2.25%) to Serbs Croats & Slovenes (Kingdom)— '■* A8s secured external 1962 A7s series B secured external 1962.. Shinyetsu Electric Power Co Ltd—, v. ; , 69% 71% — 1949 German Govt International loan , 1930— 5s * 67 55i/2 55 *68 (interest Stamped pursuant to Plan A issue— 1972_— 57 *„ __ Jan-July 37 50 % High Mar-Sept A7s external water loan 1956 Stamped pursuant to Plan A Jan. 1 Low No. __ Jan-July 1999 2.57c) to 84V< Range Since Sold High __ __ May-ZVou 6878 188 78%: , Great 122 105 15 110% 113 1936 fund Conversion dollar 5%s 17 13i/ *13 113 Bonds or Friday's Bid & Asked __ May -Nov San Paulo (State of) — 8s 1936 stamped pursuant to Plan A (interest reduced to 2.57c) 1999 §A8s external 1950 Stamped pursuant to Plan A (interest 76 2 reduced April-Oct April-Ocf 1969 bonds & conv 4s Jan-July May-Nov 65 1924 dollar bonds 10-year bonds 3s 6V2S (interest 2012 2%) reduced to 3 (Federal Republic of)— External 3s 1953 1967 7s Main on 1 bondS Jan dollar (Republic of) SAFrankfort German 1 1976——Jan-July 1976 Jan-July f dollar bonds Jan s 76 76 May-Nov A6%s extl secured sinking fund 1957—-May-Nov Stamped pursuant to Plan A (interest 43 37 Week's Range Last Sale Price "Low Stamped pursuant to Plan A reduced to 2.375%) 2001 "37 Period , 8s 1952— 8 A Sao Paulo (City) 56% 44% 9 53% Exchange Hiah Low No. High 52% __ New York Slock El Salvador 3 Vis Friday Interest BONDS Since Ranee * Bid & Asked Stamped assented (interest reduced to 6%) extended to 1960 April-Oct Denmark Bonds Friday's or Last Sale Price Low Cundinamarca 16 J ; Week's Range Friday 100 927a 78 101% 98 Volume 180 The Commercial and Financial Chronicle Number 5343 - (273) ;f • * • W/-« NEW YORK BON D RECORD RANGE Friday BONDS *, Interest New York Stock Exchange ' 4 •ji Brown Shoe Co 3'As debs * Period '* Week's Last or Sale Price Low " 1971 *100% Terminal Co Bush Terminal A 5s Cons 1955—' general mtge income 1982 Sold High No. Low 94% 89% V- 48 r 100 5 Jan-July 88 3 90 103% 81 % 88" Cuba 104% gold Guaranteed gold 4%s Guaranteed gold Canadian Pacific 'a 4% 4%s 1957— Cuba 90 1955—— 4Vis (perpetual) ser Carolina Clinchfield Ohio & A Celanese 3 Vis Co Corp 3%s Corp 106 % 109 — 103% 105% 106 104% 106 V* 1965 3Vis debentures (1947 issue) §ACentral Branch U P 1st < 96 1948 June-Dec 102% 1995-.—— New Central Pacific Ry Co— Power 3s k * ' First and refund 3Vis series A 1974 v First mortgage 3%s series B 1968—. Champion Paper & Fibre, deb 3s 1965— Chesapeake & Ohio Ry— & div A 1992- first consol General 4s 1958 1st & ref mtge 55% 101 1 82% - *101%.. 4 98% 13 2 *110% ,97% First 104% 104 14 93 t * —April 1988 Jan-July 65'/2 inc series First mortgage 3 Vas mortgage 27/as 102 % 102% Dow 70 3s 66 1st coll,trust mtge First Cincinnati First 1 97% 10 65% I T 189 54% 63% '57 57% 216 53% 58% *77% 80'A 72% 80 VB *57 % *95% 4s gtd 3%s debentures .Cities Service Co 3s " 75 69% 71% 102 100% General gold General 5s *100 *106% 4s 37 72 B 1961—June-Dec . June-Dec 3Vis sub debs C ser 1 1975 1977_ 1st mortgage 35/as 1983——: Toledo & first external 16 mortgage 3s series L 1977___ 3s series N 1978,' 3s f s 2%s s debentures 104% 113 , 102 96 104 -3 60 , 96% - . 105%' 97% 102% Consolidated ' Power 95% 100% Edison of New 1961 A 33/4S '.,5 96 100% 24 96% ; 100 99 614 109% 101% 101 % 102 86 *99% 101% 98% 94% 19 91% 91% 98% *94%,'95% t 103% 103% 103% *94% 102% Tire Rubber & debentures (Germany) debentures 97% § A6s dehentur.es debentures 1977_ApriZ-Oct 94% 94% 94% 1 refund 91% 96% mtge 2%s ser C 1972_June-Dec 987/a 98% 98 7% 21 95% KW% 4 98% 103% 96% refund mtge 3s series First and refund mtge 1st ref M 3V4s ser G 1st & ref M 3%s ser H 95% 95% 3%s ser M El J Lt 3lfap-Nov & 1 1st f 2%s mtge s ref M 37/as ser 3%s conv Consolidated debs Y A4s conv Natural April-Oct Jan-July 1986- 1983 June-Dec June-Dec Gas 2%s 1963 ..Map-Nov Consolidated A 3s cum 1979— Railroads inc debs of June-Dee as to in U S dollars) 2001, Consumers Power first mtge see page 21. , ~1 104% 105% 141% 159 107 109% 124% 99 98 97% 95 f *72 104%v 92% , •» 123 104 99% 100% 3 , . . 124'A 74 — — 103 93 105% 83 100 , 71 71 —— 88'A 1 5 394 97% 100 100% 109 10 94% 99% 94 107% 109 98 % 94 97 _ 97% 98% 105% 105% 106 107 103% 104% 140 *,97 *104% *140 __ 145 *102 142 98% 111% 111% *109 80% April 77% *95 —- 3 111 103'A 109 111% 108% — 80% 111% 72% — 94 87% 82% — — 80% 94 165 99 88% 88 5 *105% — 138 (B F) . — *99 101 100% 94% 99% 107% ' 102% 467 98% 99% 5 102% 104 % z.0 105 % 107 101% 102% ' JOT 1/,.- ■ 102 1117% 100% 104% 104% O 102% — p., 35 *100% 110 *104% -Jan-July .11% 99'A 12 99% ... 115 27 104% 101% 92% 110 103% 11 132 ~2 148 119 — 135 116 — — 103% 104 Ill 126 103% — 105 103 'A 104%' 103% 103% 44 103% 105 103% 104% 150 101% 105% 95 Mar-Sepf 1969 95 8 95 S4 95 t 146% 100% 145% 146% 9 131% 146% 101% 3 • 98% 4 100% 100% 116% 126 116% Ry Co— ._Jan-J*ly 125% 125% -Jan-July 116 3'/as series N 1990—,_Jan-July 3%s series O 2000-—Jan-JUly 2%s series P 1982——Jan-July 2%s series Q 2010_-— Jan-July 2 %s series R 1961-—Jan-July debentures ctfs A_i. Feb 97 98% 95% 95% 90% 90% C 19731— mortgage mortgage mortgage mortgage Bay & West certificates 95% *81 97 Feb B Ohio RR— - trust 3%s ' 1968: 18% 1978 ri— 1969 mortgage 2%s 1979 mortgage 91 96% 4 ' 88 4 . 1* 85 94 73 84% 75 97 83% 94% 97% 70 _ 19% 99 75 , . 15% 18 22 • 104 96% 101 15 104 96% 105 89 % 1 98% foo 102'A 84 6 75 84% 95 71 9~1 •101 101 8 *11 104 *102% 84 —Jan-July 1976L.__Map-Nov ApriZ-Oct —Jan-July —-June-Dec June-Dec .1 May-ZVou 84 *91% Utilities 2%s:lst mtge debentures 1 2 116 *75 First and refunding 4s series B 1975 Jan-July General mtge inc 5s series A July 2015 ;April First and refunding 3%s series D 1969_April-Ocf General mtge inc 4s series B Jan 2044——April States 104% 103% April-Ocf Co first mtge 2%s 1965i.__Map-Nov series & 103 — 104 — 92% 98 98 98% — *100% —June-Dec 101 % — — 99 — 100 ——June-Dec 1983 Water first mtge Mining Corp *__ 2%s 1976—^Mar-Sept -Jan-July —Jan-July 2%s 1970—' Jan-July 6s Household Finance Corp 37/as debentures 1958 14% 96%" 101% 94 90% 93% 118% *120 126% — — 135% 114% 135 *125 1949 126% 8 98 94% 3 103% 104% 105% 98 103% 103% —Mar-Sepf 107% 98 Va ■" 4%s debentures 1968 Mar-Sepf Lighting & Power Co 3%s 1967—June-Dec Hudson Coal first sink fund 5s Hudson first & Manhattan 5s A 192% 192% 1 151 * . ,192% 85 85 8 5% 22 67 1957——Feb-Aug 58% 54% 60% 167 47 60% April-Oct 25% 20% 29 693 15% 29 66 93% 1962_June-Dec A ser AAdjusted income 5s Feb 1957 93 I Illinois Bell First Illinois " Telephone 2%s series A mortgage Central Consol 3s series B 1981—Jan-July June-Dec 1978-— 97% 96% *101 97% 102% — 98% 98 _ 102% RR— mortgage 4%s-3%s ser A 1979—May-Nou *103% *103% mortgage 5%s-3%s series B 1979_May-Now mortgage 3%s series C 1974——May-No» Consol mortgage 3%s series E 1982——Feb-Aug Cons mtge 3%s series F 1984—— Jan-July 102% 106 — 103 105% — 102. _1Q3% *106 Consol 11% 100 423 103% 96% 99% ■■ „ 129% 131% *120% Consol 99% — 99% 110 *143% 131% —Mar-Sepf -Jan-July debentures 138 payment 1975—7-Mar-Sepf 96 7 *105 debs 1979-^. 4%s series D 1976—— §AHarpen ' 96% 105% — 134% 138 100% 22 103 *96 & .Utilities Corp— Income Northern Houston 1 98 102, 103% 103% Hocking Valley Ry first 4'As 1999_: 106% 182 95% 99% 97% 103 mortgage 1945—— Hackensack 106% 104% 164 99% > — — April-Ocf 27/as 105% 104% 26 _J Cuba— (stpd " For footnotes 106% *100% 101% __ Jnr»>-r>*/» debentures . 11 , 96 Jan-July 1958 1st mortgage 3%s 102% ' —April-Oct 1976 3%s debentures 197» 3'As *95 _Map-Nov Steel. & Iron Works— f s 5s 1st 105% — 1967 3 'As debentures 96 Vb 103 104% 105% *182 Jan-July X ser *105 104% June-Dec (Bait) 2 * . 95% H 100% 103% 104% 105'A Jan-July 1963— Power *103 Feb-Aug 1984 103 100% 100% -Mar-Sept 1983 ref M 27/as ser T 1976 1st ref M 27/as ser U 1981 ref 4 *100% 101%" Feb-Aug 1981 debentures 103 1979—J an-July 1981 1st 1st 95% * ref & 95% 98% June-Dec mortgage 2%s 1980— 3%s 1981— 1st mortgage 3'/as 1982 ' refunding 3s series D 1972—May-Nou First and convertible 104 102% 102% *__ —Jan-July C 1948-. 103 1982_Mar-Sept First and 1st 99% — First and 3s 104%; .■'•r . -June-Dec 1940 Motors Corp 3%s First A B Consolidated Gas 109 1961_—Map-Nov —Jan-July ; :__Map-Nov 1945— debentures First mortgage 3s 95 91% ser ser I debs 3s 1972 1977 3s York— 1982— 93% ' . debentures Collateral 103% 91% __ mtge 2%s series 100% 104% 104% ApriZ-Oct Co— A Debenture t 95 mtge 2%s 3'As 5s General 102% 7l 95 refsnd ref M first 1965... General, mortgage 100% 99 94% 95 refund & 1 99% consol mtge 3Vbs series G, 2000 Jan-July Division first mortgage 3Vis 1971—Mar-Sepf Gulf Mobile and 1st & 95% 23 104 98% *87% —Mar-Sept 1965_—ApriZ-Oct General 103% 99% 99 ApriZ-Oct —April-Ocf E „ 3%s 1970 General 101% and F 102% 95 — *72 Georgia div first 5s 1956_May-No» first cons gold 5s 1995_Jan-July Eastern Ry General 104% First ser % 100 Mtge inc 4%s ser A Jan 2015— General 114% 100% ••'104% First , & Railroad Great 105'A First 3s 104 -1 1 (N Y) & Southwestern & AGreen —Feb-Aug 1965 95% 1—Mar-Sept General 98% 112% 114% *104 April-Oct series Corp Va stamped Ohio Gulf 3%s Cigar Paso Goodrich 99% Anglo-Lautaro Nitrate River Tenn §A7s '97% Compania Salitrera—See Conn 1983 Good Hope * ApriZ-Oct ; f debentures 2001 Consolidated 99 „ *94% 104% 104% —Feb-Aug Mar-Sept 1980 1982—— General Realty 104% 95 9i»% 99 r 97 99Y8 *98 Feb-Aug 1999_,___ —— Feb-Aug —April-Ocf 3%s General - , 99 --June-Dec sinking fund debentures 1999—-—. 2%s 82 79% — ~~ 104 i 1977 37/a's debentures 1961__: 68% 101 101 ' 1955—Feb-Aug First mortgage — 99% Jan-July 3%s 4s 81% 95 '—May-Nov 4s 82 99 *94 May-Nou 1961— General Foods Corp 3%s debs 1976 Genera) Motors Acceptance Corp— 101% 62 91 Commonwealth Edison Co— First ,99 % 70% 4 95% 99% *64—Map-Nov —; 99 —- 1961——Map-Nov B 1976_Mar-Sept mortgage §A6%s 87% -J' __ *95%. Columbus & South Ohio Elec 3%s 1970_,_May-Sept Columbus ' 94 % *__' —Feb-Aug. '55) 1 85% ser mortgage §A7s 81 56 102 % 102% ———April-Oct aft Jan (conv 91%' 84 — 4s 1S95___June-Dec June-Dec 1979—' General Electric Co 99% 94% 101 68%. *104 4 Vis, 1961 ApriZ-Oct Corp 4%s 1966—_June-Dec Columbia Gas System Inc— 3s debentures series A 1975_ June-Dec 3%s debentures ; 102% '1' 80% 68 Iron B 89 7 106% 94% — 78% * June-Dec debentures series 103% 98 85% *101% 80% 4s Mar-Sepf 3s 100 ,93 85% ——June-Dec 1985_ & 5 85% 100% t mortgage 3%s 1986 Cleveland Short Line first g.td Colorado Fuel 90% *80% AFirst and refunding 5s series A 1974__Mar-Sepf Fort Worth & Denver Ry Co 4%s 1982—__Map-Nov 105% Ry— First , 90% 85% — , —June-Dec 4%s 2%s 2%s Co 2%s 3'As 97% *99% 100% 1st 90% 85% 95% Feb-Aug 2%s *• 94% 96% 1993— 23/4s Light Firestone 107% 100 10J 102 : *94% Louis 77% 101% 95% ■<; ^.Jan-July 1991—Jan-July first coll trust 4s 1990_May-Nov Cleveland Electric Illuminating 3s 1970 Jan-July First mortgage 3s 1982,-— ...June-Dec mortgage — "99 1966—June-Dec 1993—, series *106% Louis Division First 104 95 99% 96% Cincinnati Wab & Mich Div St 105% — *98% Refunding and impt 4 Vis series E 1977—Jan-July • 98% 100% 105% 105% St 96% 70 First . ■ 102 "——Jan-July & 89% 9 First consol mortgage 3%s series E 1964_April-Oef consol mtge 3'/bS-series F 1990—_Jan-July 74 66% *99% 100% Chic 103% 103% 7 102% 1958 debentures 2.35s mortgage 2%s Erie 70 —j Cleveland Cincinnati Chemical Elgin Joliet El *68% f debs 1977—.t s 99% 101% 74 May-ZVou lien gold 101 97 4 12 103% 92 —Jan-July 1976 & Ironton RR mortgage East 98 93 __ Feb-Aug April-Oct City Ice & Fuel 23/4s debentures City Investing Co 4s debentures 102 103 : 1969 first , 104% 72% -- 1982—May-Sepf —Mar-Sept J 1985 ser 96 103 103% *72% Feb-Aug 1974;. 1959— 1960 104 - 1969 E 10 . „ tFlorida East Coast first 4'As 1959— series 2%s Mack General ser A 1982—Map-Nov mtge 2%s 1975_ApriZ-Oct 1978 Jan-July Corp 97% 92 : Jan-July subordinate.debs 1982—— 5s 1st 2%s series G mortgage Financial - 99% - 75 63% Terminal— mortgage First C Union Co— 94% 97 *94 —June-Dec 1st 75 4%s 2%s mortgage & First RR 28 V* * ' series I debentures debs conv 1st - 101% 62% 1963——Jan-July G 1963—Jan-July Chicago & Western Indiana 27% 24 •« 1970- H K ser 1st k. 74% —Jan-July series 28 25% 101% 101% 103 April Second gold 4s 1995__ 62% series F Cincinnati Gas & Elec 3%s Detroit Tol 93 59% 25% fixed > Detroit Terminal. & Tunnel 86% Chicago Union Station— First mtge 2%s ref 3%s 74% Chicago Rock Island & Pacific RR— * 1st mtge 2%s ser A 1980———— Jan-July Chicago Terre Haute & Southeastern Ry— First and refunding mtge 2%s-4%s 1994_Jan-July Income 2%s-4'As 1994—1 (3% 2%s ref 80 100 % 2 26% _Map-Nov 1st 1999—April Jan-July 1989- refund 3s convertible 124 63% 1 25% . -—-—May 1984 A series 3s and Duquesne 65% 23 * (3% fixed interest) 1993, contingent Edison El 111 1 series & 90% . 80 -4 20 *94 1973—Map-Nov : 3VaS & 99'A 73% .,70 65% tr coll Gen . 4Vis Jan B '*9 *101% 101% 4Vis inc ser A Jan 2019—April increased series B Jan 1 2044 April . 74 13 99 4-6s Gen ■ General mortgage Chicago & North Western Ry— 80% 117% 79. 70 mortgage 4 Vis inc ser A Jan 2003 April 'Chicago Indiana & Southern Ry 4s 1956 Jan-July Chicago Milwaukee St. Paul & Pacific RR— First mortgage *4s series A 1994— Jan-July 9 10 92 *78-% April „ 84 130 91%, .—April series C 1993 . 83% *125 A 2nd conv 84 r 86% May-Nov A ser 84 -May-Nov & Edison Detroit 1982 36 22% Div &. Western 5s contingent interest)/ 1993— mortgage series A (4%% 1% ;• 101 __ trust mortgage Detroit 106% 94% *95% 32% 28 • 106% *98%',99 —Feb-Aug 98% 15 > 96 Jan-July Map-Nov 1963 Income, mortgage 116 103 M due Essex division General 104 extended Denver Si Salt Lake— 103% *99% 100% _: contingent interest 2018__ *101 Mar-Sept 35'/8 104 -—April-Oct 1 Income : 104% __ 104 91 Denver & Rio Grande Western RR— 103'A 97% refund 97% Feb-Aug June-Dec 1965 ^ 4s mortgage 1st mtge 99% 12*7 117 % 20 101% __ 102 *26% mortgage and coll trust 27/as 1979_Jan-July mtge & coll trust 2%s 1980_t—ij—Mar-Sept 1st , 101% 96% 106% 106 % High 100% 103% *24% —June-Dec First 102*, : 4 102% 103 % Jan-July 4 Vis Jairl 2038--J. 3s ——June-Dec tr 4%s ser B 1985—Map-Nov Power & Light 3s 1973 April-Ocf mortgage and coll trust 3%s 1977_June-Dec First 103 101% 102% 103'A Low 99 25% ———June-Dec 1970 Delaware 1%. 102 y2 Jan. 1 No. 103 21 1st mtge & coll 97 „ Range Sinee ~ Sold __ 35% May 1 2042 Map-Nov Pennsylvania Division— 1st mtge & coll tr 5s ser A 1985——Map-Nov 55% 1 Chicago Indianapolis & Louisville Ry—•, Alst mortgage' 4s Inc series A uan 1983'_ mortgage 1970, B Lackawanna and Collateral 75% *99% 102"% --Jan-July 1 Chicago & Erie 1st gold 5s Chicago Great Western 4s First A ser 1970 Hudson York V Morris 86 51% ;102 -• *98 _Jan-July ser 2%s debentures Co First 90 66 % 126% 126% T Sacond mortgage 4s 4s debentures .1977 AIncome 102'A 79% J 1 & New 100% 36 -Jan-July AGeneral mortgage inc cqnv 5s 1997_ First mortgage 3%s series B 1985 conv ref 4s 1970— Lackawanna & Western RR Co— 99% 100 V* Chicago & Eastern 111 RR—■ 4 Vis ref equip 30 Delaware 98% 185 101 102 3 Vis 1985—Feb-Aug 27As 1970—Feb-Aug 3s 1990 74 19 -Mar-Sept . AGeneral inc mtge June 4s & & Bonds High 102 *101% 1970-—June-Dec & - gold 4s 1989 First and refunding mortgage First and refunding mortgage 82% 54% Feb-Aug — Second consolidated gold'4s 1989_u Chicago Burlington & Quincy RR— - (1942 series) & lien 3Vas 103% 100 88% 73% Refund and impt M 3Vis series D 1996—May-ZVov Refund and impt M 3%s series E 1996—Feb-Aug .Refund and impt M 3%s series. H 1973—June-Dec R *104 Map-Nov 1st mtge 3%s 1966 Map-Nov Delaware 92 98 82% 54% Feb-Aug e 4Vis Deere 1 96 — 88% 1974——ApriZ-Oct . _ 94% ' 102 % 102'A Jan-July mortgage 4Vis series A Jan 1.2020 May AGen mortgage 4Vis series B Jan 1 2020'——May RR Co of N J 3 Vis 1987—.——Jan-July Central • ,1 A Central General April-Ocf i. Dayton Power & Lt first mtge 2%s 1975—April-Ocf i First;; mortgage. 3s 1978 _Jan-July First mortgage 3s series A 1978——-__June-Dec 69 96% *.99%, 102 64% *99% 101 AGen York 1977—-I mortgage 3%s 1982_i— Dayton: Union Ry 3%s series B 1965 98 94% 96% % Feb-Aug Feb-Aug 1960^—. gold 4s Central of Georgia Ry— First mortgage 4s series , mortgage AImp 107 98 % 94 % April-Ocf 1960^ Friday's ( mortgage 4s Alst : 106% 97 105% 68% *95 _April-Oct ; debentures *66% or Bid A Asked 108 % 103 32 ..105% *105% 106% Feb-Aug 1976 3 Vis 105 ••■100% 100% June-Dec 1978—— debs 105 '/a Mar-Sepf Mar-Sept 1965 1981 debentures 3s debentures Celotex 105 % 109 106 Jan-July I960—4s Carthage & Adirondack Ry 4s I.) 107 Week's Range *99 RR— Alst lien 97' '='104%, Feb-Aug Last Jan-July First Capital Airlines Inc 4s (J. 96 93% Ry— consol debenture Case 93% 97 109 —June-Dec —1 1956 100 107 Jan-July f debs s Northern Ry— Alst <- 97 __ 3Vbs Crucible Steel Co of Am -101 t Power first 3s 1976 June-Dec California Oregon Power 3 Vis 1974. May-Nou Canada Southern consol gtd 5s A 1962—ApriZ-Oct Canadian National Ry— • Sale Price Low Baking 3s debentures 1965 Continental Can 3%s debs 1976—^ i 99 % 85 % 100% 100 J/2 104 Interest Period Exchange Continental Alst Guaranteed BONDS , New York Stock 101 % 104 California Electric 16 Friday , High 101 97% 87% Jan-July . JULY ENDED Jan. I ApriZ-Oct Bu.ldings 5s gtd I960— WEEK Range Since Crane Co — Bush Bonds — 97% FOR Range Friday's Bid &, Asked * Jan-July Buffalo Niagara Elec first mtge 2%s 1975_Map-Nov Buffalo Rochester & Pittsburgh Ry— Stamped modified 4%s 1957— Map-Nov 1 29 .101%. J 05% 104% 104% *102 * — 102 102 Commercial and Financial Chronicle... Monday, The 30 July 19, 1954 (274) ti NEW YORK BOND RECORD RANGE FOR WEEK ENDED JULY If, Week's Bang* Friday Week's Range Friday • Interest I BONDS New York Stock Exchange Last v„ Feriod Bid ti Asked -Low Refunding 5s May-No© • 102% 103 New 23 103% 105 New 6 89% — A First gold series 5s 92 *103 117% 103% 104% — 122% „ ; 115 Rys Central America Interstate 1st Power General mortgage 3%s 107 Lake 89 70% 1 89 103% *— 100 163% 102% *— — Jan-July Jan-July 1978 1980 mortgage 3s 102% 103 — J Jersey 94% 1st 4s 1959—June-Dec Jamestown Franklin & Clear 96% 90% 17 95 92% 97% •96 Light 27/8s 1976__Mar-Sept Central Power & 98 \ f •86% April-Oct Kansas City Power & Light 2%s 1976—-June-Dec 1st mortgage 2%s 1978—June-Dec 1st mortgage 23/4s 1980— —June-Dec Kansas City Southern Ry 4s ser A 1975 April-Oct 1st mortgage 3%s series B 1968———June-Dec Kansas City Terminal Ry 2%s 1974—. April-Ocf Kentucky Central 1st mtge 4s 1987 .—Jan-July Kentucky & Indiana Terminal 4%s 1961— Jan-July Stamped 1961 ———. —_Jan-July Kanawha & Mich Plain 4'/2s 1st mtge 1961 4s 1990 unguaranteed 99% 94% " 99 *93% 99% 103% First 106% 100% 103% 99 98% 99% *98% 39 116 *114 *56% 51% 59 *iooy4 — 98% 116 1st 58 100% N 161% 170 *— 2% 99% 5 ' 102% 102 2% 10 2% 4s Series 4%s B Series C A cons 3% E 4s 1 54 65 13 45 50 83% 8 78 13 72% 63% 72% 78 89% 93 Lehigh Valley Terminal Ry 5s ext 1979—April-Ocf Lexington & Eastern Ry first ,5s 1965April-Oct Little Miami general 4s series 1962 May-No© *99 June-Dec ■' ■' 96 — 103% 103% 1 99% 12 99 / 97 103% 98 2 97 *102% April-Oct 96% 102% __ -- 103 First & April-Oct April-Oct April-Oct Mar-Sept refund mtge 27/8s ser G 2003 First & refund mtge 3%s ser H 2003 Louis Div second gold 3s 1980 St Knox & Cincinnati Atl 1st mtge 3y8s 1st Div 4s 1st Elec 1955 — 89% 82% 89% 1 106% 106% 13 100 30/ 101% *94 88 100 101% 101% * 98 — 95% — — ♦ ' . 101 ' 103% — & Co 27/8s debentures 1972„_May-Nov *98% 84% May 3V4s Mead debentures f s McKesson & Corp debentures 2%s Dept Stores 3s mortgage *64% Jan-July Feb-Aug Mar-Sept 1973 1966 *96% June-Dec 1978 Robbins 3%s debs first 1972 Michigan Bell 23/4s 1930—. Telephone 102% 101% First mortgage 105 First 102% Michigan Central RR 4%s series C 1979—^Jan-July Michigan Cons Gas first mtge 3V2s 1969—Mar-Sept 2'/8s 1969— First mortgage 3%s 1969 Mar-Sept — 37/8s sinking fund debentures 1967™ Minnesota Mining & Mfg 2%s 1967 Minn St Saulte Paul & First mortgage A General 102 Missouri Kansas & Texas Missouri-Kansas-Texas Prior lien Ohio 40-year 4s series B 1962 lien 4y2s series D 1971 1975 4s ■ —— refunding AFirst 102% 102% 102% 105 105'/4 *95 97 *100% , __ 99% 35 5 — *99 — 97% u 95 100% 101 98% 102% 98'/a 98 y2 27 .103% 103 y2103% 33 100% 103% 12 94% 89% 75 April-Oct __ 98'/a 98 Va 97 97 97 83% 83% 84 Feb-Aug 113% 97'/4 , 112% 114 96% 98% 92% 114 IP 114 89% 92% 14 45 104% 177 91% 123 104% 114 124 104 % 114 422 79% 114 148 104% 114 111% 114 88 104% 114 63% 67 67 5 99% 99% 1 61% *98 997/8 61'/2 94% 67% 97 100 99 100 10 100% 101% May-No© May-Nov April-Oct *91% 88% *iooy2 97% 93% 100 N National New England First 1974 3s debentures 3s debentures 4y2s series B 1961 1982 1974—1 see June-Dec % 100 103 103 % 100% 100 % 102 — *97% 102% — 87 33 95% 98 101% 6 101% 103% 23 99% 104% 100 % 100 % 100 104 5 16 97% 98% Co— Telephone 3%s footnotes April-Oct May-Nov 1967 93 99 102% 102% 10314 debentures & Tel guaranteed *89 100 June-Dec 1976 2%s Tel New Jersey Bell For 1970—June-Dec Corp 1st 3'/8s 1982 Supply page 31, May-Nov April-Ocf Mar-Sept 1988 79% *84% — 98% 86 91% 1 84% 92 7 92 79% 79% ■ 95 92 76% 80 —- . 82% 76 75% 76% 241 66% 66% 67% :- 267 85% 66% -- ~ 77% 68 54% 99% *102 102% 6% 6 34 3% 56 1% 3% 96% 96% 5 94% 09% 68 68 62 68 73% 81 5% ~3% 3 967/a 5% 10 — _ 75 75 58% 13 95% 95% 47% 95% 5 103% 98 % 100% 106% 97% 102% 102% 108 105% *106% 107% 95% 95% 99 97% 92% 4 99 — 54% 93% *102% 103% 95% 61 41 60 47% 2 99 94% 105 ~7 121% 122 121% < *110 102% 104% 5 103% 104 106 116% 123 110 110 — 104% *105 104% 105% 104% 104% 103% 101% 101% — 9 7 101% 102% 21 105% 113% 102% 108% 111% 112 112 *108% 109% __ 77% 71 77% 14 74% 104% 105% 3 67% 74% 19 98% 105% 77 77 74% 105% 1 103% 105% 104% 104% 5 104% 105% 103% 104% 37 103% 1067/a 93% 98% 104% 104% 104% 104 % *96 98 93% *96 98 •II 98% 99% 93 *97 97% 103% 104% 91 98% 86% 86% 1979 102% 95 99% 97 97 96 97% -May-Nov Mar-Sept 1980: 1982 98 97% 99% 93% 97% *102 97% 102 103 101 101 103 102% 102 •__ I960—April-t)ct Jan-July 107% 108% 106 June-Dee ;_June-Dec 1 103% 103 097/s 103% 14 99% 100% 100% 99% 5 72 ^ 96% 102 y« 100% 100% 100 10 101% 101% 101% 101% 103% 101% 101 55 96% 102% 102% 99 95% 95% 5 92 Va 98% 98% 13 94% 103% 103 % 9i% 1 98% 104% 96 101% *99% 100 —- 97 99 100% 106% 101% 100% 102% series X 1984 June-Dec Pacific Tel & Tel 2%s debentures 1985—June-Dec 100% 15 100% 100% 1st & ref M refunding & 3%s April-Oct April-Oct Mar-Sept Mar-Sept May-No© 2%s debentures 1986 3%s debentures 1987 3%s debentures 1978 3%s debentures 1983— 3%s debentures 1981 4s debentures Paducah & Illinois A s series B I960-April-Ocf April-Ocf 1968— General 5s General 4%s series D 1981 4%s series E 1984 General mortgage 3%s series F 1985 General mortgage Feb-Aug _June-Dec June-Dec April-Oct Jan-July 1990 Marquette Ry 3%s series D 1980 April Philadelphia Baltimore <Sc Wash RR Co— General 5s series B 1974 gold 4%s series C 1977 Philadelphia Electric Co—First & refunding 2%s 1971 General First 1967 1974 1981 & refunding 2%s 1978 & refunding 3%s 1982 ref mtge 3%s 1983 ref mtge 3%s 1983& refunding 2%s refunding 2%s First & refunding 2%s 109 First 97% 102 First 98% 102 1st *102% 103% 99 y4 104% 1st •& & & April Mar-Sept 94% 92% ' 96% 94% 103% 104% 103% 101% 9 101% 102% 99% 98% 97 102% 6 105 99% 104% *105% 106 104% 106% *106% 1067/s 101% 106 108 *99% ■ *93% 100 100% 90% 95 99% 100% 99% 99 —' *100% 101 37 96 ^ 106% 100% 96 101% 109% 108 107% 108 22 102% 101% 102% 80 100% 105% 106 105% 106 32 103 109% 95 94 95 65 91% 99% 94% 93% 95 79 91% 99% 79 80 6 77% 86 Va 103% 104% Jan-July Peoples Gas Light & Coke Co— First & ref mtge 3%s ser H 1981 June-Dec Peoria & Eastern first 4s external 1960—April-Oct *91 *96 103% 99% 100% 100% . *102 f gold 4%s 1955—Jan-July Pennsylvania-Central Airlines 3%s First . 3%s debentures 1964— June-Dec 1st Pennsylvania Power & Light 3s 1975 Pennsylvania RR— Consolidated sinking fund 4%s 1960 General 4%s series A 1965——; 4s *__ Mar-Sepf 1984 Pacific Western Oil *100% 102 100% 100% ; series I 1966 1970. 3s series K 1971— 3s series L 1974 3s series M 1979 3s series N 1977 2%s series P 1981 2%s series Q 1980 refunding 3%s 5 Pere Feb-Aug debs Natl Distillers Prods 3%s s f debs National Steel 2%s 3%s AIncome & St Louis— 1970 H *92 100% 101% 104% 63% Products 2%s —— 96% 92 96 : 3%s ser U 1985_June-Dec 3%s series W 1984—, June-Dec 114 102% dentures mortgage mortgage 1st 60% 3 3s First & refunding mtge 99 101% Dairy *96 90% 84% 5 15 96% 85% 90 2 First mortgage 3s series B 1986 91 102% 56 23 1986 95 % 101 k 95 5 99% 95 % 64 9 97 47% 62 y4 25/8s 99% 91 66% 58 % __ 104% 105 % 98% 1 June-Dec 1978- 64 67 ' 59 1 64% 65 104% ... 87 101% 101 y4 3s debentures , 100 80 101% 101% National t 96% Construction mortgage 5s series A 1955—May-No© Nashville Chattanooga mortgage June-Dec First & refunding -June-Dec First & refunding June-Dec First & refunding June-Dec First & refunding June-Dec First & refunding _June-Dec First & refunding 3%s series R 1982—._June-Deo First & refunding 3s series S 1983 Ljune-Dec First & refunding 2%s series T 1976 June-Dec 100% Construction Tel & Tel *62 May-Nov .Feb-Aug -June-Dec First & refunding 106% 98 % 114 debentures 58% 57% *62% 64% 75% 70% ' . 6 65 ' Mar-Sept April-Oct First & 102% 102% June-Dec 114 3y8s 76 P 104% 97 113 Mountain States 1974 3s Pacific Gas & Electric Co— 51% 112 1955 mortgage mortgage Oregon-Washington RR 3s series A 99% 48% 114 gtd 3y2s 2000 64% 104% 517/a 114 mtge 4J/2s series B *75 Mar-Sept June-Dec First & refunding 3s series J — 1977—Mar-Sept first 94% — — *102% 1978—May-No© gold 5y2s series A 1949 May-Nov AFirst and refund gold 5s H 1980 April-Oct AFirst and refunding 5s series I 1981 Feb-Aug Mohawk & Malone first gtd 4s 1991 Mar-Sept Monongahela Ry 3y4s series B 1966. Feb-Aug Morrell (John) & Co 3s debentures 1958 Mby-Nov Essex j 1991—May refunding 5s series G 5s series F first Edison 102% 103% 103% 105 . Mar-Sept . 78 96% 1 § A Convertible Morris & 60 92% 1 84% —Jan-July AFirst and and 85 84% — ACum AGeneral 100 84 % 1978 2%s 1984 1979 First 103% May adjustment 5s ser A Jan 1967 {Missouri Pacific RR Co— AFirst and refunding 5s series A 1965 , *103 April-Oct 1962_ Prior . __ — 99% Jan-July 1990 3s mortgage 2%s 1975 First mortgage 2%s 1980 Oklahoma Gas & Electric 2%s 1975 RR— series A 5s first 4s first Northwestern Bell Telephone First Jan-July Jan-July mortgage 4s inc ser A Jan 77% 94% 97% 60 3 St Marie— inc series A Jan 4y2s 77% " 102 95% ——: 101 Mar-Sept ( 79% 85% 106% 80% ' 84% ~ 1988—_April-Oct First mortgage 74% 83% 1974—Feb-Aug April-Ocf 3s 1978 Jan-July 2%s 1979 Feb-Aug 3%s 1982__. June-Dec mortgage 2%s 1977 April-Oct mortgage First mortgage Feb-Aug 3%s Co 86 J 52 85 *95 Metropolitan Edison first mtge 27/as 1974—May-No© First mortgage 78% 75% first mortgage 2%s mortgage 2%s 1975 First 101% 91% 2047 1 First First Manati Sugar 4s sinking fund Feb 1 1957—May-No© Manila RR (Southern Lines) 4s 1959 May-Nov (R H) 70% 67% 126 Power Co— (Minnesota) 96 104% M Macy Jan First ' — Feb-Aug 1984 91% *100% 102 — 106% May-No© Feb-Aug 1979 1982 mtge 3%s __ May-Nov mtge 2%s 82% 360 1997 3s (Wisconsin) mtge 3%s ser F 2003 Louisville Gas & lien Northern States Louisville & Nashville RR—■ First & refund Quar-Jan 1997 4s registered General 119 100 — *93% __ _Mar-Sept 1978 debentures 115 *117% Long Island Lighting Co 3%s ser D 1976-June-Dec Lorillard (P) Co 3s debentures 1963 April-Ocf 3%s ~3 May-No© 1973 debentures Quar-Jan Quar-Feb 3s registered 2047 Quar-Feb Refunding & improve 4%s ser A 2047 Jan-July Refunding & improve 5s series C 2047—Jan-July Refunding & improve 5s series D 2047 Jan-July Collateral trust 4%s 1975 Mar-Sept 66 79 3s debentures 1976—— 288 78% Pacific Ry— lien 4s 56% Jan-July mortgage 2%s f s Prior 78 86 72% 71% 92 1952 69% 76% Jan-July Jan-July 4s mtge 1980 April-Ocf General mortgage 3%s 1983 Feb-Aug General mortgage 3%s 1983 April-Ocf Norfolk & Western Ry first gold 4s 1996—April-Oct Northern Central general & ref 5s 1974 Mar-Sept General & refunding 4%s series A 1974_Mar-Sepf Northern Natural Gas 3%s s f debs 1973 May-No© General 69% 28 66 mtge Jan-July Jan-July Refunding mortgage 3%s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Ref mtge 3%s series G 1984 Jan-July 3%s 80% 65 92 {ALombard Electric 7s series A June-Dec Niagara Mohawk Power Corp— General mortgage 2%s 1980 88 73 1 87 *84% 71% 65% 18 69% 78 May interest 2003 93% 81 Northern 68% 2003—May 86' 1 10 85 85 85 1 92 *78 Series F 5s contingent 93% 55 91 May-Nov May-Nov —_May-Nov interest contingent 4'/2s 87% 54 May A 84% 55 Jan-July contingent interest 2003 90% 53% Feb-Aug 2003 "2 92 92 Feb-Aug Feb-Aug 2003— interest Jan-July 1992—Mar-Sept & Western RR— 1994 ser A 2004 AGeneral mortgage 4%s series A 2019 Y Telephone 2%s series D 1982 1st 1st 82 83 *— 1970—April-Ocf interest 2003 5s fixed Series D ASeries interest fixed 1973 100% 68% Y Susquehanna Term 85 3 88% 88% 88% June-Dec fixed Series A series A 1955 Power & 102% L mtge sink fund 3% ser A 1968 June-Dec Lake Shore & Mich South gold 3%s 1997—June-Dec Lehigh Valley Railway Co (N Y.) — 1st mortgage 4l/2s extended to 1974 Lehigh Valley RR gen consol mtge bds— 2007—Jan-July 2022—May 94% 78 Port Chester— 4 %s 4s 168 1st Lehigh Valley Harbor Term Ry— 1st mortgage 5s extended to 1984_ 4s ser A inc 4%s series A conv & 98% 3 69% RR— Light first mtge 2%s 1975—Mar-Sept N Y & Putnam first consol gtd 4s 1993 April-Oct N Y State Electric & Gas 2%s 1977 Jon-July Lakefront Dock & RR Terminal— Lehigh Coal & Navigation 3'/2s A Lehigh Valley Coal Co— 1st & ref 5s stamped 1964 1st & ref 5s stamped 1974 mtge AGeneral N registered 1997 River 92% „ "Kings County Elec Lt & Power 6s 1997—April-Ocf Koppers Co 1st mtge 3s 1964 April-Ocf {AKreuger & Toll 5s certificates 1959 Mar-Sept 3 '/as May-Nov 1973 B refunding mtge & May-Nov 1973 A 99% 100 94% ! —. 98% 99% 100 100 100% 94% "'.1— 100 97 193% 100% 5 98% *97% Feb-Aug Feb-Aug 1998 {AN Y Ontario & West ref 4s June N Y Jan-July 1961 series AGeneral mtge 104 •103 __ West 4s series & Harlem 104% 105% 104% gold 3%s N Y New Haven & Hartford *97 Jan-July — — — __ 90 84 Jan-JnZy Jan-July 1997 1997 collateral registered Y Lack 4%s K April-Ocf Aprll-Oct 1998 Michigan Cent collateral gold 3%s 1998_Feb-Aug 3%s registered 1998 Feb-Aug New York Chicago & St Louis— Refunding mortgage 3%s series E 1980—June-Dec First mortgage 3s series F 1986 April-Oct N Y Connecting RR 2%s series B 1975 April-Oct N Y & Harlem gold 3%s 2000 May-Nov Mortgage 4s series A 2043 Jan-July Mortgage 4s series B 2043—— Jan-July N : registered Shore 3%s Co— 3%s mortgage 1st 89 — Feb-Aug 1998 A series 4s Refunding & impt 4%s series A 2013 Refunding & impt 5s series C 2013 N Y Central & Hudson River RR— 3%s 1st 5s B 1972—May-Nov Interstate Oil Pipe Line Co— 3%s s f debentures series A 1977 Mar-Sept Inter : *99 —— 103% — 85% 96% — •102% Big* 81% 97 98% 1956 D 114% 97% 100 13 106% 107 Jan-July 1977—— debs subord conv April-Oct Feb-Aug Peb-Au# April-Oct Jan. 1 Low No. — 97 Jan-July _May-No© Range Sine* ,* Sold High *85 Ry— A 1954 5%s series Bends Friday's York Central RR Co— New International Minerals & Chemical Corp— 3.65s series 4%s AFirst 81% 97 5 114% 114% — 61 12 114% 115 Jan-July 1956 , 174 74% ,77% 77% April-Oct 31 120% 122 122 or Bid A Asked *103% 1956 C series 5s AFirst 102% 101% 132 114% 117% 116% ——-—Jan -July C 93 Consolidated 1952 A July § A Adjustment 6s series A First 5s series B 1956 {New Orleans Texas & Mexico AFirst 5s series B 1954 AFirst Jun-July 1952 A series 6s 97% 135% 123 ♦133 Last Sale Price 1986—Feb-Aug Mar-Sept Junction RR gtd first 4s Light 3s 1974 Orleans Great Nor 5s A 1983 Orleans Terminal 3%s 1977 New Jersey 97% 97% {International Great Northern RR— {AFirst Period Low High Low Interest • New York Stock Exchange 103% 103% 1037/# Mar-Sept 1982 mortgage 3.20s series I 1st NO. High •102% —May-No© 4s series A 1970 Jan-July § Allseder Steel Corp 6s 1948— Feb-Auy Indianapolis Union Ry Co— Refunding and imp 2%s series C 1986_June-Dec Inland Steel Co 3%s debs 1972 Mar-Sept Illinois Terminal Ry * Jan. 1 New Jersey Power & 1955 1955 4s Refunding "BONDS Range Since Sold (Continued) — Illinois Central RR • Bends Friday's or Sale Price " *103% — — 95% 94% 95% 3 90 66% 60 64 % 58 53 101 101 1 95% 95% 66% 102 112% 110 110 1 108% 103 103 103 1 101 106% Jan-July 99 8 96 100% June-Dec May-No© May-No© June-Dec Feb-Aug 99 Feb-Aug Jan-July May-Nov June-Dec 100% 99% 98 % 101% *98% 99 95% 99% *97% 98 94 100% 101 *99 13 106 106 103% 103% 98 97% 100 103 % 100 *103% 104% 105 5 105% 108 15 103% 104% ' I Volume 180 Number 5343... The Commercial and Financial Chronicle (275) 31 NEW YORK BOND RECORD FOR WEEK RANGE Friday :>.v BONDS Interest Last Period 8alo Price New York Stock fixekangs •r Bang* Friday's - 3.70s deh conv 1964 Feb-Aug 1983_ 101 June-Dec Pillsbury Mills, Inc 3%s s Pittsbgh Bessemer & Lake I debs Erie Pittsburgh Cincinnati Chic 1972 Consolidated guaranteed 4s Consolidated guaranteed 4s G ser mortgage 5s series B 1975 3%s series A 115 100 103% : . 93% — , First general 5s series . 104% 109 Refund Refund and 108 1 108 104% 105 ■ '9 104 107% 2 104% 104% .83% 83% 103% 7 101% mortgage mortgage 2%s 3s 101% 2 99% 102% 102% 5 101% 1974 First and First and First and First and and 106 106 103; 106 Pacific-Missouri Texas 107 95 1 106 1983 1984 RR Orleans New of Ohio Cent ref and 96 Tri-Continental 97% 3%s 101% — 100 98 -- 3s 100 % 101% 100% 103 i—— 103 105 % 1 131 135% 1 200 218 10 101% 102 *104% — 135 % 135% 215 215 *100 Union 101% 104% 104% 2 102% 6 100% 105% 104 75% 271 54% "37% 965 15%' 100 California debs (subord) *100 Jan-July V coll & f debs 106 y8 131 3%s 130 Vandalia 1 107 130 98% 97% 103% 96% 1,222 105 104 y8 100% 1976 1967 122% 100% 95 12 86% 91% 104% 89% 105 y4 *100 106% 100% *102% *97y4 ' ~96% 99 1047/8 97% 5 104% 105% 23 105% 105% 104% 105 — 103% 105 y4 *103% 104% 103% 105% 105 % 105% Afay-Nov ApriZ-Oct —. 3%s debentures 3 104% 106% -* 94% 94% 95% 96 96% 97 *92% 90 99% *99 % 1959—Afar-Sept 101% -May-Woo 152 -Afay-Nov 123% *121% 124% _Feb-Aug 121 % 123 ApriZ-Oct 120% 120% . 152 Vanadium Corp— mortgage 4%s series D 1977 mortgage 3%s series J 1969 Mar-Sept Afar-Sept America— of subord RR 1969 debentures consol gtd 4s series refund First and 102% 98% June-Dec 110 »' 107% — 96% refund mtge 3s series F 1975—Afar-Sept 1978—Afar-Sept mtge 2%s ser G 1979—June-Dec mtge 2%s ser H 1980 Mar-Sepf mtge 2%s ser E *__ 97% 16 103% 110 100% 144 110 *100% 102 1955—Feb-Aug May-Nov A 1957 First and ~3 101% 102 Corp conv sinking fund series B Virginia Electric & Power Co— Gas & Electric General 99 101% 97% 3 * Apr-Ocf April-Ocf 1973 _ debentures Consol 1 ; 1953 mtge 6s 1955 General 99% 1 99 88% . — '* Jan-July Feb-Aug 1972 1972 2%s Universal Pictures 87 94 y4 84 99% 99 Jan-July ' 3'/is trust debentures 106% _April-Oct 107 103% 99'A R106% 111 R108 Afar-Sept sinking fund debentures 7 1973 5 5 5 Corp— 1950 Rochester 98% 101 99 Afay-Nov 1971 s Rubber S 2%s AConsol 98 104% 104% Feb-Aug 3%s 100% 97% *97 Afay-Nov 1972 mtge 96% 1952 100% 97% 101 June-Dec 1970 1976 1st >• 81% 6s 95 10 98% 97% 97% June-Dec 2%s debs Gas Corp. 2%s 1970 mtge & coll trust 3%s 1 6s 37% 3 100 105% 105% ; — Afay-Nov 3%s debentures 1977 3 7s 75% 72% 98% Afay-Nov 1 United 96% mtge 102% 95 31% 100 Refunding mortgage 2%s series C 1991„Afar-Sept Car 4y4s s f debs 1973—! April-Oct of America 2%s 1966—April-Oct 86 mtge - 3 75 United Biscuit Co 96% mtge 105% Afar-Sept 1961 1968 debentures 86 § AConsol 130% 101% 33% Jan-July Union Tank 105 104 of conv Reading Co first & ref 3%s series D 1995 -May- Nov § ADirect 101 5 105% Pacific RR— 2%s 100% 97 . 3%s Union 102% 100 —— 99% Oil Reynolds §ADirect 101% 122 102% 102% ■ Power 94 92 1 u 4%s Rhine-Westphalia Elec 5 20 105 April-Oct mtge & coll tr 2%s 1980 mtge 3V4s 1982 1st 1964 debs 99% 104% 130 % 130 % mortgage and coll trust 2%s 1975—ApriZ-Oct debentures 1st 100% 99% *100% 101 June-Dec 3s 119% 94% 101% 115 100 % 100 % impt 3%s I960—June-Dec Corp 2%s debs ■' First U Tobacco 111 1 98% ; June-Dec 1974 Union Electric Co of Missouri 3%s 1971 1 (R J) ' 102% 102 % Pacific— — *11 May-Woo debentures 98 101 ' June-Dec 1977 1963 2%s 95 94% 100 y8 101 *98 1970—ApriZ-Oct 1990—ApriZ-Oet 3%s series C M : . JAThird Ave Ry first refunding 4s 1960 AAdjustment income 5s Jan 1960 refunding mortgage 3 Vis 1983— April-Oct Oats 98 % - 119% 119% 102% first 1st Quaker Jan-JuZy April-Oct Afay-Nov . gold 5s 2000—1——June-Dec General and refund M 3%s ser E 1985—Jan-July Pacific & June-Dec 3%s debentures 1972___' 1st ♦— High 104 % 95 ' refunding mortgage 3 Vis 1968—Jan-July refunding mortgage 5s 2037 Jan-July refunding mortgage 8s 2037—June-Dec refunding mortgage 3s 1972—Afay-Nov refunding mortgage 2%s 1979_June-Dec and First and refund First Texas Term Mar-Sept Feb-Aug Jan-July Afay-Nov Mar-Sept Terminal 4s 1956 Public Service Electric & Gas Co— debentures Corp 3s debentures 1965 Tol & Providence 3s Low 104 y4 __ of St Louis— impt M 4s series C 2019 impt 27/8s series D 1985 First and refund M 3%s series B 88, 100% 101% 101% and Texas & New Orleans RR— 108% 81% 96% 84 *97% 100 Feb-Aug Potomac Elec Power 1st mtge 3 Vis First *— May-Woo . 1973 Terminal RR Assn 108% Jlfar-Sept First general 4%s series D 1977 Plantation Pipe Line 2%s 1970 First Jan-July Jan-July 2%s debentures 1966 Jan. 1 Wo. High *i04y2 Bongo Sine* Sold: 104 102% ' , Texas 105 May-Noo 1962 C Mar-Sept 1973 2%s debentures 1972 108 __ _ 108 April-Oct April-Oct 1984 general 5s series B debs 37/8s 2%s debentures Pittsburgh Youngstown & Ashtabula Ry— First Chemical Swift & Co. 97 102% — *103% •107% Pittsburgh Consolidation Coal 3%s 1965—Jan-July Pittsburgh Plate Glass 3s debs 1967 April-Oct Pittsburgh & West Virginia Ry Co— mtge 107% *103% June-Dec General mortgage 3%s series E 1975 Pittsb Coke & Chem 1st mtge 3%s 1964 1st Sunray Oil Corp. 331 Feb-Aug mortgage 5s series A 1970 General i Stauffer Bonds Friday's Ry— 1960 Consolidated guaranteed 4%s ser I 1963—Feb-Aug Consolidated guaranteed 4%s ser J 1964_Afoy-Nov Pittsburgh Cine Chicago & St. Louis RR— General 102% 98% 97 or Bid* Asked High 7 -*96% SalaPrioo Low Low 101% -111 June-Dec Week'* Bang* Last Period New York Stock Kxthange Jan. 1 No. Interest BONDS 1I . .,112 *101% 102% 111% 1957—Jlfay-Nov H ser field High 101 2%s 1986—June-Dec & St Louis 1G Friday Beads Bid A Asked Low Phillips Petroleum 2%s debentures ENDED JULY Week's 101 101 101 99 % 94 101 96 101 First and refund First Saguenay Power 3s series St Lawrence Second St & gold Louis-San A 1971 Adirond'k 6s Mar-Sept 1996_Jan-JuZy April-Oct gold 5s 1996 Francisco 1st mortgage 1st Jan-July 2022 May ASecond mtge inc 4Vis series A Jan St Louis-Southwestern Ry— First 4s bond certificates 1989 Second inc bond certificates Nov 4s St Paul Union Scioto V & first Air & 83 89% May-Woo 18 86 % 94% 107 117% 116 Virginian Ry 3s _Mar-Sepf 118 30 123% 92% Gen 175 9 378s f s Seagram 3s Afay-Nov debentures 1977 (Jos E) Mar-Sept — & Sons 2%s 1966 debentures ' • *96% •96% i§ ASilesian-Amer Corp coll trust 7s Oil Corp 3%s conv 1983 Skelly Oil 2%s debentures 1965 1941—Feb-Aug Jan-July 105 105 Jan-July ^ *101 2%s Oil . r ' 1976 South & North Ala RR gtd 5s 1963 Bell Telephone & Telegraph 3s debentures Southern 2%s Ry Southern Natural Gas Southern 139 "I 49% 62% 96% 110% 101% 4s 96% 91% 1994_ 101% 101% 4Vis Co 4 Vis Gold 4 Vis A Afar-Sept 1969 4Vis 1981_ Western 97% 102% Westinghouse 99% Westphalia 74% 70 72% 109 115% 103% 106% - 107 105% 107 106 105% 106% A '75—June-Dec ser 99 consol 99 Jan-July gold 1994 general 4s series A 1956-, and general 6s series A 1956 ApriZ-Oct April-Oct ApriZ-Oct —Jan-July 5s 6Vis series A 1956 Memphis Div first gold 5s 1996 Orleans Joint 3%s Southwestern 3%s Northeastern & Bell Tel Standard 2%s Coil Products Standard Oil Oil (N J) debentures gold 5s (Indiana) Standard 2%s debs 1985 : first 99% 3%s debentures Wilson 4 Vis conv 3 Vis 4 87 1 93 84% 1st 79% 88% 9^% 98 . 97% Gen 2013 1967- conv & ; 281 102% 74 99% 68 62% __ 72% 115 55% 59% 103% 105% — 5 101-101- 2 105% 106% - 64% 64% 104 10 94 67% 66% 103 107 61% 67% 68 59% 66% 102% 104% 104% 106% — _1 *97 101 104% 25 104 *105% Afar-Sept A 1980 Jan-July 2%s Co 96% 1971——Mar-Sept S Central first RR 130% 130% 10 130% First 162% 103 58 101% 103 % Wisconsin 106 8 105% 107 107% 15 106% 96% 117% 117% 9 105 ' 99 — 102% 94 100 94% - 118% 118% Jan-July Mar-Sept Mar-Sept Jan-July *90 98% — ' 123 90 96% *101% — — 102% 103% T 69 100% 100% 8 *103 Jan-July 106 90 *101 ApriZ-Oct 1958 1960 4s 3 — 102 98% 102 95% 100% 103 103% 102 Vi 106 Co— 83% 84% ' *94 17 70% 70 % __ 34 80% 87% 64% 73% 90% -95 95 108 117% 29 106% 107 y4 *95% *97% May-Nov mortgage 3s B - — 103% 103% Power Corp— 1965 first 103% mtge 4s series A 2004 : —Jan-July mtge 4%s inc ser A Jan 1 2029 ^_May Electric Power 2%s 1976——-—June-Dec 106 *98% April-Ocf 122 96% 18 '102% 103% *70% June-Dec 92 Vi 107% , T"*\ *103% 104 100 104 Yonkers included in the year's range, d Ex-interest . e Odd-lot sale not Included in the year's range, n Under-the-rule sale not included in the year's range, r Cash sale not included In the year's range, y Ex-coupon. §Negotiability impaired by maturity. fCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77 of the Bankruptcy Act, or securities assumed by such companies. ♦Friday's bid and asked prices; no sales being transacted during current week. 92% 10 98 72 87% 398 102% 95% 41 97% 111 91 24 a 103% 67% 99% 100% Jan-July 1971 117% 92% 94% Service 3%s 106 y4 100% 72% 92 Public 110% 107 y4 108% 95% ——Afar-Sept1 Jan-July mortgage 2%s 1979 106 __ 96 Afay-Nov April 1971—Afay-Nov 1974 67 V4 66 •- Wisconsin 106 1982—April-Ocf debentures 2%s 82 95% eqc • . May-Woo Jan-July Corp series Electric United Elec Winston-Salem 102% May-Wou 1983 Internal 106% 96% 83% 77% 104% 104 % . — Jan-July -—Jan-July 1969—April-Ocf 1981 A 78 3 *87% — 2361 3%s series C 1970— mortgage 3%s series D 1967 First RR— 1977 debentures ASpokane guaranteed 1 3 98 *60 Jan-July Wheeling & Lake Erie RR 2%s A 1992 107 102% 3 92% 87 *96 Jan-July and Devel New 103 25 122 99 92 y4 Jan-July Jan-July 1961 -Devel .Devel and general 40 99 103% 83 102% 103 May-Woo 1966 §Alst mortgage 6s ser A 1953—— Wisconsin 2%s series G first Ry 385 4s debentures 4%s 97% Afay-Nov 3%s First mortgage 27/8s series E 1986 First mortgage 2%s series F 1996 Southern 5s 97 Vt 113% 115 1974 3y2s Telegraph Co— 1960 92% 105 % 106% 102% Union 98% 115 — 81% *71 R102% 3%s Western Pacific RR Co 3%s ser 118 95% 106% gtd gold registered 2361 95% Afay-Nov I - San Fran Term 1st mtge Southern Pacific RR Co— First mortgage first *72% 1973-June-Dec 1977 ref Electric *97% 95% — 97% 1976—Afay-Nov Wheeling Steel (Oregon Lines) 'Gold conv first Shore 30-year 101% 104 86% 81% ___Feb-Nov 1971 3%s Western Maryland Ry 1st 4s ser A 1st mtge 4%s series B 1976 101% 98% 12 95% Penn West 226 62% 106% 7 83 83 81% 199i—April Corp 3%s conv 1966—ApriZ-Oct West Penn Power 3y2s series I Pacific Co— -First ' West 98 125 107 95% 104% 93 112 Jan-July Feb-Aug Jan-July Jan-July 1987 Indiana 14 RR Co— 1979-. debentures 62% 95% 97 100% 96% *140% 153 June-Dec 2%s debentures 1985 2%s 103 96 Vt April-Oct Southern 101 91% B Jan 2000—Feb-Aug Washington Terminal 2%s series A 1970 Feb-Aug Westchester Lighting, gen mtge 3'/as 1967—Jan-JuZy General mortgage 3s guaranteed 1979 Afay-Nov 99 *__ - 1 98% 4%s series debentures conv Petroleum Warren 97% 100 102% *95 V4 —-—June-Dec Sinclair 95 y4 *101 June-Dec — 1974 Service Pipe Line 3.20s s f debs 1982 -—April-Oct Shell Union Oil 2%s debentures 1971——-April-Oct §ASiemens & Halske 6%s 1951 Mar-Sept Socony-Vacuum Co Warren 1st mtge 3s series B 1980_ 105% 102 95 *103% April 4s income series A Jan 1981 mortgage 3%s series B Walworth Line RR Co— 95 % 94% 3 Co— mtge Income First • , RR Gen mtge 118 __ 171 y4 172 Wabash 99% 95% __ 103 % 103% 105% 101% 105 4 w 100 *99% 100% *106 Vb 116% Afay-Nov C 1973—April-Ocf 1995 First lien and ref mtge 3%s ser 109% 100 *i2oy8 Jan-July — 104 % 104% 1958 series B 118 101% *100 April-Oct — 104% *108% 110 1989—May-Woo 1977 100% 5s 97% *104% 104% April-Ocf mtge 3y4s ser J 1982 Virginia & Southwest first gtd 5s 2003 19 91 I ser ref consolidated *11 1981—June-Dec —April-Oct mortgage & refund 3%s 1st 80% 1 104% 104% 91 1989-Jan-July 1971 B England 1st gtd 4s Scott Paper 3s conv debs Seaboard 104% gold 4s 1968—June-Dec cons Depot 3 Vis New 83 1st 80 First 1997 ref 97% 71 80 83 83 and 95 *76 Ry Co— 4s series A St Paul & Duluth *98 95 y4 95% Electric Deferred ABonds 100% 2%s Light & Power delivery selling sale *93 l976_Jan-July 92% 94 92% not flat. AMERICAN STOCK EXCHANGE WEEKLY YEARLY AND 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 12, 1954, and ending/ Friday, July 16, 1954. It is compiled from a 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 year. RANGE Friday STOCKS Sale Price Par Acme Acme Motors Adams Co Hat Shares Low warrants A 4% 400 /_„. —10 28% 28 28% 100 1 3% 3 3% 300 Inc Supply Manufacturing Aeroquip Corporation 1 3% 3% 4 1 7 6% 7% Agnew Surpass Shoe Stores * Ainsworth Manufacturing Air Associates Inc For footnotes see 12% 12% 200 t Jan A Jan 4% 30' 3% 4 Apr May Jun Jun 7% July 7% 7% Jan Jan "l0% Feb 13% May Range for Week of Prices Shares Sale Price Low Par Air-Way Electric Appliance 3 13 Airileets 1 — Inc~^ Ajax Petroleums LtdAlabama Gas -50c 2 Corp Alabama Great Southern Alabama Power Alaska 1 Mar 2% Mar 1,300 35. 2% x5% May 8% page 27 3,600 8% Sales Week's Last High % May 3% Mar 14,200 common. —5 (N J) 16 American Stock Exchange Range since Jan 1 1,300 4% common Stores JULY Friday Low '/8 Aero ENDED STOCKS High '—II 4% WEEK for Week Alloys Aluminum Wire Range of Prices FOR Sales Last American Stock Exchange ACF-Brill Week's Airlines 4.20% preferred Inc -50 ,°tf 23 % — 100 100% ——1 5% xl2% xl4 13% is 23 120 dep rets Amer shares— /« 23% 120 100% 100% 5 5% Aigemene Kunstzijde Unie N V Amer 14 Range Since Jan. 1 Low high High xl4 July 7,000 9% Feb 400 10 % Jan 4,000 % Jun 3,400 io 16% Jan 107% Jan 121 July 100 96% Jan 103 Apr 6,200 3% Jan 15% May |g 24% 5% Jan Jun Jan • 31% 30 32% 2,300 24% Feb 32% July A> Chronicle and Financial The Commercial 32 Monday, July 19, 1954 . .. (276) AMERICAN STOCK EXCHANCE FOR WEEK RANGE ft ENDED JULY Last STOCKS Sale Price Exchange American Stock 10c Fisher Si 3% 2 A 2 A 27« 100 37a 43/a 11,800 "4'/a Internat'l Investing cap Aluminum Aluminum Industries Industries Inc Ambrook pfd §American Bantam Car Co class A Air Filter 5% American conv American Book Co American Hard Rubber Co Jan 997a 22 % Mar 233/4 Apr Jan Carter 117a Jan Casco l 7% ft ,22% American Seal-Kap common Thread 5% preferred 22% 1,200 23 < 203/4 ,23 (A Catalin Cenco Jan 1% Jan 2,100 Jun Feb 19 4 Va Jan 53/4 7,800 293/a 2,000 50 33 Jan 37 48 Jan 58% May 10 3/4 May 131/2 Mar 2578 Mar 36% 36% 543/a 56% 1,100 12% 11% 12% 800 4% 900 4 Jan 12 Jan 4 5 American Writing Paper common 5 Amurex Oil Development class A —5 Anacon Lead Mines Ltd— —.—20c Anchor Post Products 2 Jun 297a Mar preference 3.50% preferred Convertible 83/4 10 6,300 83/4 July 14'/a Feb 27a 2U 27s 9,000 21i Feb 3(§ Jan Camberlin 9 9 100 7% Jan 9V4 Jun Charls 36 Anglo-Lautaro Nitrate Corp— Oil Corp Arkansas Fuel Arkansas Louisiana Co July 109V2 Jan Jan 18 3% July 21 207a 217a 8,800 153/a Jan 247a 12 Va 12 12% 12,500 113 113 % 20 1,000 8% Jan Jun 121/4 July Jan 193/4 20'A 44 44 45 $43 & $41 "iv« "l% 1% • '53) Dec 22 on 3,700 Coast Coast Line Co Atlas Corp • Automatic Steel Products Inc 70 72% Jan 79% Mar 67a 200 100 103/4 9% % % 18 Va 18 18% 1,300 23% 24% 900 6% Feb 17a May 1233/4 July Jan 11% July 10,600 774 May Co— 9 % Jan Commodore Hotel Inc 174 300 IV2 Jun 2>A Apr Community '27a 200 2'A Jan 31/4 May 700 107a Jan 12'A 13 15% 13 I6V4 14'A Mar 1,500 Vtc Engineering Baker-Raulang Comany 1 Baldwin Rubber common 1 Securities Corp Barcelona Tr I Light & Power Ltd Refractories 1,600 8% May 3% 3% 2 2 5 9% A 16,600 7 % 3,000 47a 5% 12,400 97B 97a 700 Watch 9 17a Jun 1378 Apr 8,200 133/4 1 2174 6% 6,500 453/a 2.000 2174 6% 203/a 1 .25 457a 45% 10% 1 50c 6 11% x97a 9,200 200 10 % Apr 18% 4,700 10 Jan 18 3% 4% 200 4 Jan 7% 8% 575 7% July 77i 7'A 7% 500 337a 7% 1,600 95 95 20 5 1 3 3 500 3 Va 400 Bourjois Inc 3 3 ord 87a 574 * * common American Oil British American Crown Amer dep rets ord reg Amer 887a Jan Curtis Lighting 23/8 Jan 47a Feb Curtis Manufacturing Apr 3V2 American 10s ord reg rets dep * 2 3/4 2V4 Jan 91/2 53A 1,200 4% Jan 63/a Mar 14% 108% 1 1674 $5 convertible preference $3 2nd Brown preference Distillers Forman * 50 25 24 Rubber Bruce (E L) Co 267a 3,000 Jan Jan 27V4 May Buckeye Pipe Line ; preferred 60c convertible preferred 4 6% 5V8 Mar 374 > 100 18'/e Jan 14% 16,400 874 Jan 141/2 July Jan 108 'A July 1043/4 108% 325 89 74 150 x507s May 52% Apr 17% 600 1574 May 183/4 Jan 52 Va 163/4 , 7'/a July 7% 7% 1,400 147a 15% 3,300 11 Jan 163/a Jun 133/4 14 % 1,700 117a Feb 143/4 Apr 674 Jan July 233A 1,400 20'/a Jan 24 % 8% 8% 800 61/2 Jan 9V4 Jun 93/a -93/a 100 8'A Jan 97a Jun 23 103/4 137a 14 400 8 Jan 111/2 Jun 2,100 10% 11 Mar 157a Jun dep rets ord shares Corp 3s 6d 12%c ft 3% A % 3% 1,200 % 3,400 3% 274 A J8,11 4Va Mar 10c common Sugar EstateCalgary 81 Edmonton Corp Ltd Calvan Consol Camden Fire Oil & common Mfg class A common 1 Detroit Gasket Detroit Gray Detroit Detroit Steel Manufacturing Hardware & Foundry.. Co Iron Mfg Insurance Canada Cement Co Ltd commonT 6%% preference I Canada Southern Petroleums Ltd vtc Ltd Canadian Atlantic Oil Canadian Canners Ltd Canadian Dredge Si Dock Co Ltd Co common Homestead Distillers Canadian Ltd see page 35. Jan 12 % Mar .. 16% July Jan 1 28% 3,300 227a Feb 12 3/4 10% Feb 137a Mar 73/4 9 > 30% May 1,800 2,300 6 34 May 774 July 12,400 »« 57a Mar 9 7a 1,400 26 % f 20'A 2,300 Jun 1 Jan ; 11 Jun May 6 27% May Jan Jun 30'A Mar 35 100 11 Jan 14V2 July 100 10% Jan 14 A 874 Jan Feb 10% July Jan — 14% 14 15,000 10% 1,200 87a 2,400 73/a 19V4 200 177a 88% 57a 8,100 300 73% 13 ' 20% 1,900 93/4 810 14% 1274 103;, 134 187a 8% July 191.4 July Jan 674 Jan Feb 1474 Jwn Jan 207a July \*17a 150 18% Jan "9 7a 19 19 13,700 Jan -2V4 Jan Feb 142 ~8 V2 Jun ■474 89 Va May Jan 5 'A May 3,200 2 19% Jun A July 37a Mar 9 24 Mar 163 May „ 10 Jun 22 6% Jan , 30 Apr • / — Jan Jan 12 Feb 6 100 14 14 18 5 Dome Finance Bridge Dominion 1,800 l 100 1 • 11% 11 1)3/4 6,700 2 Jun 23/4 Apr 3 Va Mar 6 Va May 3 41% Mar 9% July Jan 13% 12% July Apr Jan 774 Jun 16% 91/2 Jun July 14 Corp Co common— Corp Power Co B) L—; . 10s 1 * 1 Sulphur & Potash Co * 123% 18,900 10 Feb 47a 17,200 4 Jun 5}j Mar Duraloy (The) 283/4 28'A 283A 250 23 % Jan 2 8 3/4 July Durham Hosiery class B common 3 Feb 92 Mar 50 29% Feb 111% July 31 Duval 4'A 13A Jun 3A July 233/4 Apr 293A Jan • 53% Apr 671/4 Jun 474% 1 2% 3 2 3% 2 3 A 19,100 3it 21,300 6 Co Corp common Feb Jan 1,100 2 • 1% 14% Feb 2 Jkn 174 May 274 Apr 2,500 22V» Jan 2674 Jan 267b 25 1174 Jan 27 Jun 20,600 lft 1A 11% 300 3(1 4Va 7,000 187a 187a l 2 % Mar ft July Feb 3 10 'A Jan May "ll3/4 Jan ' 53/8 7 167a Apr Feb Jan 9Va Feb 774 Mar July 77a Mar 874 400 7% 6% 674 900 6 3,100 5 ' 69 Jan 8% 83/a '. :— 67a Mar 5% 300 3(5 July 10% 18% " Apr 800 2474 4 — Jun Jun 145 Mar 187a July 13 Va May F«b 534 53/4 251% 25 % 191/2 Jan 26 Apr 62 72 4,100 43 Jan 72 July 177a 181/4 1,300 15 Va Mar 50 197a May Jan 97a Mar 36 37% 200 3374 Jan 3774 May 47% 471/2 100 40 V4 Jan 471/2 July IIV2 127a. 28,900 9 Va Jan 1274 July 1274 37a 1,100 23/4 Feb 374 July 378 374 374 374 900 3 Va Jan 37a 8 8% 100 7% May 6% 674 100 5 878 37% 8% 674 317a 874 9 5,200 32% 1,200 8% 8% 11,200 61% 621/4 700 31% 87a 25'A 974 Jan Jam 674 Jun Jan 33'A Apr Jun Apr A Mar Eastern Gas & Fuel Assn common—.10 prior preferred—:* 10c 2% 2% 2% 1,000 174 Apr 212 Jun Eastern Malleable 5% 47a 53% 16,500 43% Jun 6% Feb Eastern States Corp 2% 2% 274 3,900 2% July 3 A May $7 l3/4 1% 174 9,700 1% 3 Apr $6 Jun 1974 Apr • 2 Jan 4 I lOo 4% 111% 111% 1% 2 — 1 Laboratories— common 113/4 20 Jun Jan Apr 16'A -'1,200 IDA 10 * Rubber Co Ltd— American dep rets ord reg Test 2974 574 — Dunlop Duro Jan 12% 1% -10 * 1 4 % Feb Mar 2 Jan 133% 18% Apr Feb 6 % Mar 5 7a-July 600 1A 24 1 —* common: (Allen 12 % x27% 26% Ltd • Textile Co Ltd common:...* A ' 425' — * Ltd Cement Co Inc Class 500 47a 2.3§ Douglas Oil Company— Dow Brewery Ltd DuMont 614 6 177a Dominion Tar Si Chemical Co Duke 7% 133/4 13 2% 12% 3 - - Steel & Coal ord stock——* Dominion 7% 7% 13% . 4s —_1 reg Ltd Exploration Domestic .. 1 25c ;_L1 rets ord Corp:..: dep (The) l Williston Minerals Oils Natural Gas Ltd vtc footnotes 18,800 5% *? A 1 13% Ltd— Co American Diversey Ltd Oils Devon-Leduc 6c Marconi ■tor 2% 5% • 19 % July 18,400 2°% 2 10 Devoe & Raynolds class B_ 1 Canadian Canadian Canso 2 50c * Canada Bread Co Ltd j 7,200 16% 87% 8774 .100 1 : ' 1 — 1 Products... • Co Jun ' 5 Gas 974 6% A 1 California Electric Power t 87a Mar 83/4 10c 35 _50c 5 , class Driver Harris Co.— (new) Apr 300 18 3/4 —.1 Inc Drilling & Exploration Co..— Calamba 22% ' Draper Cable Electric Products 19% May 127a ;_1 2.50 Inc.— Mills I Dragon c C & C Super Corp July 500 5 % 2.50 .5 (Mo). Co debenture Dominion Jan Jan Stores 8% t 774 10 % Jan 14 10 * . common.. Brothers Dennlson 233/4 May 23% 13 Mines Ltd— American Burry Biscuit Dejay 43% May Jan 14% 23 Inc Day Mines Inc Dayton Rubber Co Jan 1478 _♦ 50c 10 9 common.. common. Hosiery Davidson Feb 57a 3,200 52% 2.50 Bunker Hill & Sullivan Burma 5 A 5Va Mar ♦ Budget Finance Plan common 7ft A 100 1 Bruck Mills Ltd class B Sugar Crystal'Dairies Davenport 23% Mar 21 10 common Co common 9% 4,700 15 22% D Daltch July 25 Mar 2.50 preferred cumulative junior 4% Brown Atlantic Apr 5% 13A May 23% 1 • • common 127a May > -10'A Mar Jan x67a 3}5 — * Company 1,200 5Va July Feb 33A 9,900 5 ' ' -■ > Feb Feb 1,000 — — Brown Va 117a A 87s * 25c * 10 5 partic "A" common Tobacco 7,400 5 British Columbia Power common 1374 14 5 common Cuban Ltd— British Celanese Co Drug Cuban 21'A 10s 10s rets ord bearer dep Internat'l Cork Crystal Oil Refining >. $6 preferred 9V4' Feb 17a 253/4 26 Crown Crown Tobacco— Co Mar 14% A 1 (Md) Petroleum Cent 337a July 8% * ♦ British 12 10 — 5 ; > Jan 1,400 257a reg)„£1 — 117a * 44 % May v 8% 257a * (ord receipts dep 96% May 8% 25 * Bridgeport Gas Light Co Brillo Manufacturing Co common — Feb Jan 5% May Ltd— Petroleum Jan 6% May 24 % 17a 20c Works Inc Brazilian Traction Light Si Pwr Jan 10 374 Mar 31 u 1 * common— class A Crowley Milner & Co Jun 4 % Mar Jan 2% Feb 774 Jun 67a * Reynolds & American Feb 103/4 Apr 5 I2V4 * Inc preferred Creole July 45 4% 5% ft prior cumulative preferred—100 Corp "9% 173/4 33 Foote Gear Jun 11 'A 3374 8'A 900 800 £63/4 83/4 —5c Gold Mines Jan % May * non-voting Courtaulds 453/0 July 377a July • Scrymser Co $1 67a July Jan A B Corroon 113% Mar • Co common & Co common Coro Apr 217a May Feb 43/a 407a Class Cornucopia 53A May 17 Distillery Ltd— voting (H) Class Feb 3 class A—— common (H C) Jan ' Corby Feb . 200 143/4 * Co— Jun 5% - Jan —1 Corp.,. & Varnish Jan 4 974 18% -19% 2674" 12 % 73A Foundry & Machine Co__l Cook Paint 7% 12% 5'A Feb . -/ 127a __ _ July 1674 July 22 15V*' 1 Jan 10 - 8 43/4 1874 Continental Jan * common (S) 900 Commercial Continental 13A Mar Jan 5 % 137a 1 & Gorham Blumenthal 6'A 10 'A May 300 1% 10% Breeze Jan 47a July 1,300 1774 Brad 23/4 7 V2 July 5 % 1074 Borne 2 U Mar 137a 1% Birdsboro Steel Fdry & Mach Co com.*1 Bohack 13/4 July 5% 4 1 Inc Jun 71/2 Mar 133/4 Benson Si Hedges common- Starr 151/2 41 Jan 37a July 9% Liquidating • Mining A Smelt'g L„d—* Consolidated Royalty Oil 10 Continental Air Lines Inc.. 1.25 Continental Aviation & Engineering—1 Continental Car-Na Var Corp 1 3 % July 1% Inc Co Feb Jan 1 Bell Telephone of Canada tommon 13 27a May 5% Bellanca Aircraft common Blauner's Apr 1 Beckman Instruments Inc Black 22,000 11% 50c Shoe Corp (A S) Bickford's 500 14 6 * 1 1 Inc.. Beau-Brummell Ties common Benrus 10 Va 13% 2ft 50c Bearings Inc Beck 93/8 6 Barium Steel Corp Basic 33/4 shares Ltd— Oil 7,300 Andes— los American Banff lc 4 A Feb 57a Jan 37a 4ft 10 137a 3% 1 '12 38 113/a 22 Vs- Utilities.—— Gas Colsolldated V; Feb 73/4 J 123/4 Corp Apr 9 Apr 19,100 2% 11% 1 1956— to ext 774 36% Machinery— Consolidated 24% July 26 Va Jan 4 2 3/a 5 —10 Public Service—; Shoe Compo July 13 16'A July 37a - 1 10 Co—__." Stone Si Manufacturing Colts Jun Apr 500 , 31% 30 31 Feb 173A 2ll0 10% 9% 10'A 20 * 10c Jan 1974 1074 — Sand Colonial 9 B Banco de 5 3/a 37a Coastal Caribbean Oils vtc.l2% Cockshutt Farm Equipment 7— 1 Colon Development ordinary.- 36% Colonial Airlines —' —1 . 11 % 27a Bailey & Selburn Oil & Gas— Baldwin 6% 5 Feb 7a % Mar 10'A May Consolidated A„_ 6% 5 3/a Feb 174 1 * 3 16 Jun July 26% 22 1,300 1,000 1,000 81,000 10 157a 16 13% Jan ■»' 200 774 Jan l'/a ; V Jan 74 - 387a July 93/4 Consolidated Class 22% July ' July 12 Va Jan Jan 24% " Manufacturing—4 Co llg 67Va Clinchfield Products 6 5,400 74 Feb 67a 700 Jun common Jan Jun 725 73/a 574 ton jify ' Apr 72% Jan 85% Jan 78 5 5 ; 11 Jan U%Xll7a Jan Co '67a "% 1 5 :_5 Inc common.—1 8% 87a ~1 7a 7a 173/a 700 9% 36'A 733/4 Xll7a Claussner 1,150 Jan 4'A Feb 983A July May 9, Jan 500 53A 574 1 Aluminum 94V4 May 774 12,300 11 93/4 51 Club 874 Mar Jan 8% 874 10 Corp.—— Corp ' 500 2 Inc Coal Jan "36% Feb ~8% 10 ——50 (The) D L Co_————_* Clark Controller Co -1 Clarostat Manufacturing .Co——1 Hosiery 29 % . 67a July 87 July 69,800 174 974 1 Non-voting non-cum preferred Voting Machine— 773A 6 3/8 Claude 11 'A l3/a 11 1 Ayshire Collieries Corp common 77% 1 - Feb 119'/2 12374 17a 123 warrants Atlas Plywood Corp Automatic 31'A July 23 801/2 Jan 2,100 9874 9374 98 3A 1 50 Fisheries Atlantic Atlantic Cable Clayton & Lambert div paid on arrear Jan 1 2,200 147a 143/4 147a 77a July Jan 117 44 Apr Jan 23 3/a 14% Mar 225 Jan 57a 125 57a 20% 374 Jan 1,500 Clark Neon May 77a Jun 197a Apr 3 374 31% Mar 113 Jan 6 4Vi 774 City Specialty Stores 4%% convertible preferred 123A 105 Tel & Tel— '53 1 Jan 430 7,600 £1 dep rets reg of America (ex A Jan City Auto Stamping 18 3/s * 50 2.50 Laundries Associated CI Circle Feb 107 % * Equipment Corp American Jun 17'A 107 Associate Electric Industries— Associated Jun 9% 900 1078 67a 18% 107 Va Jan 2,200 3,600 3% 5 73A 1 5 common.10 : 4 41/2 Si V* Feb 4'A 1674 Mar Jun 13,500 43A 3 47a 14% 30% Rivet Si Machine Consolidated Mining—— Wire 600 15 4% 3 10 14% 37s 5 Armstrong Rubber Co class A 4%% convertible preferred Aro 100 17a Ltd—i— Co 67a Jun 3 1,000 3% 3% 37a common Oil 74 May 47a July -1 —2.50 common America of Co Corp 1 Va Apr — Chesebrough Manufacturing Chief % Apr 267a Jan 4% Mar 5,700 43/8 10 Jun 37 5 „ Gas Co Light $7 pfd Arkansas Power & 6% 43/a 1 Apex-Electric Manufacturing Co 1 Appalachian Elec Power 4%% pfd—100 Argus Cameras Inc__ 1 ' 110 60 22,100 ft 143/4 1 Chicago 6% 67a 2.40 shares— "A" Angostura-Wupperman / Jan — preference Aircraft Cessna Charter £1 Mar 15% July 9'/a Jan July 115 .— 4% pfd— Century Electric Co common Century Investors Inc__; 500 23 121 Jan 3% 1 Central Power & Light 15 850 Jan % Central Maine Power Co— 147a 36% 80% 1,175 111% 112% Feb 14 % May —1 Central Ohio Steel Products- 147a 353/a 774 July % - 1 Cherry-Burrell common Anglo-Iranian Oil Co Ltd— American dep rets reg 774 Feb $1.50 series. $1.40 series. preference Conv Apr 4% Jan 27a 257a May 100 Conv 6'/a May 5% —;—- Explorers Ltd—.. Central Illinois Secur Corp 13% July 25V4 M) Central Apr 54% 10 2 July 59 233/4 May 7 100 ' "I IlOi Corp of America Corporation 1—_. 28% 5% 29 & Co Castle Jan 11 300 77a 102% 121 774 _# Jan 77a 4,000 7'A 77a _2s 6d Jun 203A Mar 11% 7% „i„l common— common 1% 45 % 4,000 13% Co W) (J Products 33% Feb 11% -112% —III dep rets B ord American Jan 1 700 1 1 7% July Jan Ltd— 7a May 25,200 23 22% Republics Apr 47a Jan 8,800 "l% "l 12% ' 9% 300 10 57a 7'/a 12% American American 92% 800 Jun 2274 7'A 121 * Light $5 pfd_. & 5% 150 * _» common 17,700 24% 11% 2.50 Co Co Power Carreras 800 9% & §Carr-Consolidated Biscuit Co 96% 25 American American July 4 '/a 233/4 Co Maracaibo Carolina 23% "I'/a 20 25 —1 Meter Co—_______———* Natural Gas Co 6% pfd—25 American American Carman Carnation 96 10 Laundry Machine Manufacturing Co com American Jan 3 Jan Feb Apr 6 274 33 Feb - Apr 574 237a 24 %"' , High; , 11V4 V53A 574 < Capital City Products common .19.50 Capital Transit Co —__1 Carey Baxter & Kennedy Inc... 23 Va 1 1 100 Beverage* common American July 1 Ltd vtc. —5 96 * * 25c 15 common Jan 8 'A 37a May 3,000 4% 4 4'/a preferred—_—100 Goods Manufacturing 274 273A 850 30 29% of America— Co cumulative $3.75 Aluminum 27a 23A Mar 29% Feb Jan 7% Low ' Canso OH Producers Feb ltt 2,200 8 Va July 3 % Jan 1 Range Since Jan. 7/ High Low Par / 2% Mar 11,800 2% 8% common Artists Allied 17« 3,500 2'A Pictures Corp Allied High Week Shares of Prices Sale Price Exchange American Stack Jan. 1 Low 2'/a 1 1 1 stock—1 Allied Products (Mich) common 5 Altes Brewing Co 1 Alles Shares of Prices High 3% 3 Va Alleghany Corp warrants Allegheny Airlines Inc Range Since foi Range Last STOCKS for Week Range Low Par Engineering Co All American . Sales Week's Friday Sales Week's Friday -25 1 Iron — preferred series A_— preferred series B— 8% .—100 1 —7 ;—* 127a 11 127a. 166% 165 166% 158 155 158 10% Jan Jan 66 % 8% July 60% 2274 July Feb 2574 Feb " 14,200 8 Jan ,127a July 50 147 Jan 166% July 150 134 Jan 158 July Number 5343 Volume 180 The Commercial and Financial Chronicle ... (277) 33; AMERICAN STOCK EXCHANGE RANGE Friday STOCKS \ American Stock Week's Last Exchange Range of Prices Sale Price Par Eastern Sugar Associates— ' , Easy Washing Machine class B common convertible Esquire preferred — 11 233/4 147a 6 5/8 147a 19 37a Feb 137a Mar 19% 137» 300 Jan Jan 15 Camera & 101 Jun 105 Fire Jun Sterling 19 . 100 37a 377/a 177a 41,700 383/a 350 33 . „ Ml 10,800 74 ft 3,700 ■ —10 Instrument 43/8 1 18 _1 18 Tiger Line Ford Motor of Class A Class Ford 200 37b Jan Jun 57a „ May Kennedy's 247a Feb 1 American f Ford Kidde Jun 18% 67a 67a * 947s Co Gatineau 5% " 1 Power (J Co Co Mfg Co General '.5% 9ft General 574 102 1 106 1 Corp—.'—.—; — 4% 97s July Jan 5% Ltd— C) 6{| Mines ri7a ' v- 200 1,400 ~I% ' V V-.*' 1 »1-» .'4^ 274 2 8 8 8 83/a 22 74 227» Jan 74, 1% May 114% Jun 233/a 674 ' 7 7% Jan 8 Apr 6% 8% Jan 24 Jan 800 % Mar n 4074 17a 1 14% Lamp Hammond Hartford 53 Organ 32 49 Havana 1 Company—' 10% : 2% July Helena Co— A—^ Co 5%% 4% 132 Jan 140% 1,000 16 Jun 5,003 6 Feb 1% May Jun: 23/4 9% 15 Jun: Steel 2% 2% 2% 2% 26% 1% 2 1,300 1% Feb „ 900 2% Mar ; -• >•. 1,600 22% May, 52% 3% Jan 200- . 4 5% 3% Mar Jan .100 3% & I Horder's Hormel Co 1% May;: 100' ^2% Jan 4% Feb IV2 71/2 7% 700 6Vi Jan 8% Jun . 2% 26%. Jan ; 45% July ' 100% 100 10 (Geo A) Horn & & Hardart Hydro-Electric Hygrade Food 2,800 2 8% -100 -.11% •' 800 167a 16% 3,500 1 2% 2% * 12% 13% 400 - - 14% 14% 45% , 1—— Securities 20%. * 20%- 20% 29% 65 66% 3% 5 3% 5% * 12 11%-' • common: 15% (Canada) Imperial Tobacco Imperial Tcb of of Gt of Brit North & Ireland 100 97% 97 5 58 % 97 Cigar Machinery Metal Industries International Petroleum ♦ A ; Resistance' Co Royalty preferred Fireman _. 1,250 • 34% \ 97% %| 99 ; 11 10,600 700 Jan 106 May Apr, Apr 4% Jan Jun 474 Mar Jan 55/a July Mar 137a May 12% Jan "4 11% 1874 5 7a 5% Jun 28% Jan • 1,750 91% Jan 19 700 10 % Jan 3% Jan 2% Jun 2.70J 2% 19,400 9972 Jan 19% 3% 100 Mar 15.100 2%4 8 J«n 83 Jan Apr Jun 36% May 1174 Jun 9% July 6iL Mar 70 3%J ■'» 2174 Mar 7472 11 1 1 oageW'* 84 11 % * 11 • «• 3% ■ *£ 4 7aa 3%f 47a Jan 107a 10 74. 2,500 8 3% 177a 1774. 400 107a 63/a Feb 57» Feb 10 3/4. May Jan 7 % J WO 5% to*r Jan 7 37/a Jun 18 157a Mar Feb 4% 57a 18,300 4% 4% 200 37s Jan 2 3/4 Jun 57a 47a Mar 3% Jan 200 3474 July 42%= Feb 3474 3474 35 67» 1034 lOVa 27a 2 7a 45% May 10% Jan,' 450 2% Jun 4174 Apr 44% Feb 100 107/a 6% Jan.* 6 300 45 5% Mar 4% May 100 47a 674 47a 45 11% Jan, 2,600 Jan 3 Mar 2 Jun 56 137a 137a 100 6672 697a 8,300 13 May 517a Jan 14% Jan 757a Apr 23% 23% 100 227a July 247a 1174. 117a 11% 1,200 1074 Mar 127a May 167a 157a 167s 4,600 11 167a July 26 24 74 26 2,200 217/a Jan 19 203/a 1,200 157a Feb 217s Jun 33 Jan 34 Apr 22 Feb 30 July 67 Apr — 30 29 30 450 34 313/4 34 4,600 8% 9 1,400 Jan July 26 Midvale common Co 14 277/a 283/a Midwest 19 900 137a 4,400 2272 Jan 117a Jun 293/4 July 125/a 19 1974 6,500 153/8 193A July 2 2,300 47a 30,300 23/4 57/a Jun 672 672 7ft 34,400 177/a 18 74 1,500 15 672 200 6 Apr -- "3 7a ~3% 200 ~572 53/a 57a 1,000 12 7a 12% 500 Light 5% pfd Pwr & Minnesota Public Missouri Service common 7/a 7/a \i 1,300 13% Jan 117a n3/a 200 1,300 ll7/a 5,300 117a July 11 Feb 24 19 74 1874 20 74 57a 2774 ,-27e 47a 37a 474 16,600 2 1674, 1572 1674 * 3574 35 353/4 preferred cumulative 6%Mt Mills Vernon-Woodberry Tel & Tel., Mountain States §Muntz Inc TV ——— 5 common—.2.50 19 Company common 50c Murray Ohio Mfg Co Piston Ring Muskegon Muskogee Muter Co Apr 14- Feb 257/a Apr 2074 July 774 Apr 2774 July 374 July Jun 5% Mar 31% Feb: 1674 July Jun 106 - Mar 307a 43% 14,800i Feb 3574 Jun 377a Jun 477a 957a • 3772 42 Jan 104 27a 17274 Apr 37a May Jan 37% 377a 73/a Jan 180 343/4 Jan 25 77a 77a £00 5% , 378 Jan 18 3/8 150 163/4 U 7/a 263/4 _77a 73/a 73/a . 47/a 37a July 118 l7/a ft Mar Jun Jan Jun 287? Jan 7 Jan 87a May 33% May 300 283/4 Mar 50 5 Jun Apr 43^ July 25 1,700 27 Apr 183/a July Apr 10574 Jan 15,200 1 33 33 common.. 14 800 116V2 1177a 18 383/4 x7Va Jan 33/a May 1177/a Apr 101% May 107% Mar 103% Jan 30 174 174 Apr 98% 3,000 374 3 374 10 101 101 pfd—* Metal Products Mt Clemens 13 3/8 Feb 102 4.50 % 10c 1 4 2.50 100 1 207a Jun 107a 1,000 of America. 87a May t Jan 47a 4,900 participation Jan Jan 1 30 1,400 4.80% Moody .Investor^ Morris Plan Corp Jan 233/4 Mar 5,100 3 74 43A Jan 57a 700 27 13 72 8,150 53/a 26 Jun Apr Jan 6 Apr" 8 7a 19 74 Power Co— cumulative preferred 4.40% * 37a 1374 Feb 77a Mar - 8 7a Jan 5774 Jan 1074 Mar 1874 1 Corp Jan 7 574 July 127a Apr 19% y -5574 May 27» Jan " Jun 8 3/8 Jan 6% 50 * 10Q- 4 % %. 47a July 27a 474 1 convertible preferred Mining Corp of Canada .« 27a Jan 2 50c common Jun 1874 * 137a Mar Jan 47a —5 Co. Co 287a Jun 11,000 293/4 —.50c Refineries Feb 1,000 277/a 28% 2 7a Petroleupi Piping Wohl Miller 143/8 July 25 * 10 1; Apr 133/4 1 compion— 93/4 May 11 19 1 2.50 Abrasive Feb 73/4 143/s 1 common July 34 2174 Jan 127/a 15 —_— Corp Hone Co Mid-West Naohman 10 1 Corp Namm-Loeser's Inc Alfalfa 'National 1,000 1 Hess Bellas Fuel National National Mfg common Gas.—. & Stores common Ltd Petroleum National Industries Presto National 5 1574 4 3/4 67a Jun 200 Jan National Radiator Corp 127a 5,100 127/a 1 * 274 274 2% 9,700 1974 187a 19 7a 13,100 1 1172 117a 100 25c 2 l5/a 13/4 5,200 ;.4 1 Co Research Inc 12 7a 1 111 167a Apr 1474 Jan 200 57a 1574 — Dehydrating &i Milling Co National •s at 67a Jan 4 5% Jan 272 l7/a Jan 157a Jun 20 Jan 2 7a Apr Jun 137/a Jan 1074 Mar 17a Jun 137a July Jun Feb 93/a 157a 10 3/8 2,200 87/a Jun 11 133/4 10 15% 5,800 xllTi Jun 157a July 207a Apr 17'/a 5,000 167a Feb 10 177a 167a 177a 2,300 15% Jan National 30% 29 303/4 1,400 187/a Jan 303/4 July 1 * 257a Apr 27 3 Jan Rubber. Machinery Starch Products..j. National Steel Car Ltd National Transit common— National Union Electric Corp Jan Neptune Mac Nestle Jun New 11% 5 3% Jan British New England Feb New Haven Apr - 472% Idria Min Mar New 474 Feb New Jersey 37a Feb New Mexico 12 Park New Process New York 12% Apr 4%. Jun 672 Feb 3% Jan 4% Mar York Oil Ltd Co 40c 1"———100 Tel preferred— Chem Co 1 ^20 —50c Arizona Land Co_r_ common Co commen Honduras Rosario Merchandise 187a Mar 374 May Feb 74 "33/8 900 274 17a 274 8,200 1% Mar 2 72 May 347/a 347a 35% 1,200 24% Jan 357a July ~2 7a 27s "3 47a 3% Apr *g 125 74 129 1287a ' 3,380 115 7a Feb 212 May July 111 Jan 129 Jan 37a Feb 3,500 2% Apr 2,250 7 Jan 10 July 27a 65,400 1 Jan 3 May 9 9 15,500 23A 23/4 23/4 2% 2 374 10 41 407a 42% 7,600 36% Feb- 447a 1 18 7a 18 18% 6,000 117a 197/a July 1 .-* * —10 10 l3/a 1% 4,600 25 Zinc. & Auction New York & New & Mining 9074 Mar 9% Tel & 16 7a 177a 1 Clock & Watch Co convertible 1 30c 10 common Co common Dominion 19 7* Mar 800 Jan Mur 2774 501 1,200 Meter Le 34 I - 474 May 33/4 Mar 87a National < 20%i 2'% 1 Jun 30% 100 2,600 Midland Steel Products— $2 non-cum dividend, shares—_—? New vtc ; see Jan Jun 57 2% Corp National 16 11% 5 July 24% Jan 300 100 i Irving Air Chute For footnotes 100% Apr 31 4- ' 15 4674 14072 44% Jan 18 574 167a 1374 July Co— Manufacturing Inc Jan Jun 167a July 3 Feb 13% Mar 500 21 10c ; Service 900 * capital stock.* Products 5% 12 s5,|. 9% £1 pfd International International 33% 9% America..; International International 33% 5 Indianapolis Pwr & Light YU Co Ji capital stock—? Canada 3% - 7,300 1272 Jan 2% Jun -i 15% £1 1 60 29% 65 Apr 11% Jan 1,200 103 101 29% 5 * 37a Jun Jun 874 May 8s/a Jan Jan 130 5 dep rets reg new 10% 50 common % Mar 12 % 100 45% ——100 Inc ' 200 * 102 6% Jan 8 12 _15 Products- Zinc Co Imperial Oil Ironite 3% 16% , 3.90% 10 3A 11% Imperial Chemical Industries— Public 7972 May Jan 5 1 Investors Jan 9 93% Jan 10 Baking. Co.———, (Harvey) Insurance 70 2.50 1 Feb 20 8 % Co 217a Jan 140 8% i— common 19% Jan- 400 1 ___ 1414 Jan ' •3% A' 23% 10% 78 "V 3% . preferred Amer 1,100 —10c Humble Oil & Refining capital stock Hurd Lock & Manufacturing Co—*. Illinois 1 101 78 1 20% —• Hardart 5% 20%* 100 preferred.; 18 y4 May 13% Mar '—1.-100 common. & Hubbell 250' 19% 472v Apr 5 100 cumul preferred series B.100 preferred series C —100 Morfroe Loan Society com class A * Montgomery Ward & Co class A * 1,800 2,900 3% 19% Jan iy8 Jan 7% Jan * 57a Jan. 1% 43% 3% 19% 37a » * 1974 Jun Molybdenum •l7/a . • lft July Monongahela 42% 20%- Inc Horn 2% May 574 Jun Jan 3% • Hollinger* Consol Gold Mines Holly Stores Inc.. * Holophane 2,900 47a Jan Jan * 10 1% _* ... i class 3,100 1% 113/4 Feb 4 Feb ' r 2 —. Products Co 2% lft 5,300 Jan 42% 25c common convertible (R) 117a July 1,300 1% 4% Jun 1,000 Jun 30% May 57'% July 1 % July* 500 4 5% __ ^ _5 Higbie Mfg Co common 5% 974 Mar 10,000 common)—._l Midland, Oil Corp $1 conv preferred—* -*Jan 14% Apr Ltd Co States Middle Feb 40 % May vtc : Sugar Mid-West 2% 27% — : preferred Hercules 1,100 4 * 10 1 —lc 1 1 1 25c preferred Micromatic ~ 1,700 -56% common Co 177a July 167a July 117a - * 1- common Co Textile Michigan 7% Mar- 2% 4L10c ; common Holt & Jan £1 Michigan Bumper Corp—_ Michigan Steel Tube 197a Mar 1% — preferred Henry1 Jan 12 67a Apr 5 Participating preferred i% .. - _r-.—4* Co Rubinstein Class Heller 15 1,200 57a Corp Petroleums 1 Jttly • Mining 100 167a 2% 17a —.10 Dredging Iron Metal 3% May 80 7l,200 10%, 243/4 Jun 177a 1674 43/a Michaels Brothers Inc Jan 40. _1 , 173/a 185 56% — Apr Feb 2 Jan 11 * Co common Merrill Jun 164% 25% — 73/a 6% 6Vs , Jan 14 , 72 153A Feb 500 Jan 97/a Mar Jan 17%, 5 —.10 1 * ¥ Ltd..., Co Mesabi 23% Jan* , 6 150 3474 97a Jun % Apr 3 Va Mar Jun . B), Co— Aircraft Mfg Menasco 263/a Mar 21% May 4 Johnson & Co. Mediterranean Petroleum Jun 13% Jan 1 Dept Stores common__Li__ Hecla 200 247a 143/4 July July 4,400 ft , 24 167a 5 Mead Apr 17% 1%: * Mar l3/a 9,400 25 ' Corp.*. 10% . 86 47V2 3% • Jan % Jan 2,000 '—1 Light.i—; Lithographing % 1 10 Shovel Power McWilliams Feb~ 36% Jan 24% Jan 14% 16% . 6ft 5 — . Brewing Co— Hastings Mfg Co I Hathaway Bakeries Inc Hearn 17% . .... 1 i Jan 300 * ; Inc Harvard Hazeltine _93A "974 "93/4 —* A common (The McKee-(A G) Mar 14,400 182% 185 "1%: 1 9c . Electric 3 1% Mar- 40% Jan 90 137% 139%, 4,—4—50c Alabastine— Co 2 7a —* McDonnell • 130 1% 14% 185 w Hall 2,100 187a Massey,-Harris-Ferguson Ltd Mays (J W) Inc common Jan 12% class i Communication Marlon Apr Apr 40 —100 Co 25 9% May Tea— Inc Laboratories 27a Marconi International Marine Jan 19 % May 78 Griesedireck Western Brewery,.———2 Grocery Stores Products common——5 Haelan 2% 453/4 July 4274 3474 Jan 287a 1 G) Mapes Consolidated Mfg Co Jan* 97a 400 3 Leases. Gypsum Lime & 450 9 Chain Steel Manischewitz 13% Mar 19Jan 8,100 49 stock.———* 10 1,900 48 10c Chemical & Freehold 4172 Jun 74 Inc (R Mangel Stores Jun 203/4 3/4 —1 preferred-— Hydraulics Gridoll 4072 2uc M 23/4 Jan 1074 40 —5 105% Apr 10% Jun 750 487a 1 Industries Inc—— Greer Jan 57» common Mackintosh-Hemphill Co Maine Bublic Service "Co 1183/4 Mar • 2% Apr 200 Lakes Oil 107a 2% 1 * 2 105% May 1% Jan *, 500 Great 2,400 41% 1 1 11% Mar Apr 3,600 _7%" Pacific 14% . 5% Lodge & Shipley (The) Co_.^_ Longines-Wittnauer Watch Co Mar Jan 3,000 25% & 1474 Jan 11 16% .Lpuisiana. Land & Exploration Lunkenhpimer (The) Co T Lynph' Corp 107% Apr* 2% Mar ■ * Co— 29 preferred Class B Locke , Jun ' 107a ' ir :■_* : 9% 207a \ 20% 1 7a. ~7 common Apr Mar 618 July- .Jan 600 7 .1 Mines— Jan 1% Mar 700 117a .12 74 74 25% 1st Jan 147a 1__5 50c common.— Groceterias Loblaw l7/s Jun) Mar 102% —5 — Rapids Varnish Inc University Liberty Fabrics of N Y ■5% cumulative preferred July 2 5A - 75 Grand Atlantic 30 74 10 Co Sessions Tourneau Le Feb -; 6 18 105 8,400 41 Non-voting 6% 10 40% Manufacturing 1,100 1 5 Delaware Salle. Extension 5% cum conv 13% July ' ** of Lefcourt Realty * 1 Manufacturing Co E}0 Gorham Manufacturing common 4 Graham-Paige Motors 5% cony pfd—25 7% & La Jan '26 900 1147a 1157a * ~23/e —————* Consolidated Great Lamson Jan 8% ". • 1,200 "• ■if! - ~lVi ~1% Goodman Amer Feb Jun 105 83/a preferred Great Corp 257s July Apr 4% July 1% Jan 1% 2,200 - -S .. 1 8 — class A 1 Gray Lamson 111 Jan Jan • <100 28 r 10 __ Godchaux. Sugars Class B : GoJdfield 277a '' ~ - * Inc..—_— Inc prior Jan 6% 157/a Jan 3 300 6\i - Apr 3774 Apr 14 Apr 97a Apr 1 Lakey Foundry & Machine ■ 277a- • Co 200 4574 Jan 105 5 1 Company Mines Ltd Shore 4% Jan 10% ; 8,500 9J/a '•■9% ,' 1 Coal (Adolf) $4.50 .: ), 13/4, 6ft- -J. —.' Distilleries class B—— Gobel 800 13/4. 172 . —_—_—♦ Union 127/a 4474.' 200 34 13A 337ac 20c 1 — Co lft July 21% Jan 1* Gladding McBean & Co_: Alden 6 13/4 * : common-— Gilchrist ,Co Globe 5,400 1372, 20 — — Gold: 123A 5 Forge Co 27a May May 2674 Feb 45 * 10 common— Apparel Inc L'Aiglon ! ( preferred Yellowknife Glenmore 10% 16 Gerity Mich Corp__——Li——__1 Glen 257/a 1274 , la/4 $.6 preferred—* Corporation-———1 preferred (A 1,000 Service Stores Gilbert 3% July 4% Jan 4—25 Georgia Power $6 preferred Giant 3,400 ~47a. —— Corp 5% convertible $5 ft Jan 2,900 53/4 ' Iron Jan 41,100 ■>, •r;% 6 Plywood Corp common:—.50c General 2 103 7.50 Laclede-Christy 57a 25 137z — preferred— Co 13,900 274 Mar Apr • 3,800 :14%* 147s "4% Jan Jan 33% 1 Stores Oils Ltd Brewing Kroy Lear .; 17a 1572 Apr 71 108% dep rets ord: reg——_^£1 General Public 4 .<•574 . 257a Supply, Corp com—1 Finance General Kropp (The) May 7% Jun 65% Jan —100 pfd A——10 General Fireproofing common^™ 1:—5 General Outdoor' Adv 6% pfdl——100 Iowa 21 Jun Kobacker " Electric American Generol Ltd Rubber Co (I B) 11% Feb- 5% Jan 50 *174. 3% : Jan Apr 1 Va Jan 8,800 27a 27a * 50 1 Knott Hotels Corp 17% 2,600 97/a : 17s 1474 Alloys Co——1_——*' convertible 13/4 July 1 Va 34 10 Co Kleinert Jun j . common General Builders (D Emil) Jan 6% Krueger 99 :• 3% —5 1 General Acceptance Warrants -4 Klein 72 ¥4 9% Apr? 11,700 947a ift ; —1.25 - , "lft 474 Feb 3 7a —1 M Co Jan Lake common—..:— preferred—1 Gellman Hoe 5% Mar G 3% Jan 8,100 67a 923/4 93/4 +LLL——1; ; High 143/4 — 4 deposit receipts ord reg_£l ; Kirkland Lake ". >. (Peter) Brewing (Geo A) Co.— f •' 43% * 20% .. 99 • -- ~l5/a * 5 ; & Products Kirby Petroleum 50c preferred 29% July 2% Jan Jun 3ft Julyt 4,200 34,700 1,000 ' —— 207a 8,500 5 Inc (Walter) 47«* cumulative preferred ' 1 Fuller . lft Motor of France— Fort Pitt Brewing Fox 1 :' 6 ' _1 4 500 l3/a * Kings County Lighting common 1. American deposit, receipts bearer i • 37a - 20% Jan , * Ltd-r- 13,600 547t 5 ' —- 37a 174 1 pfd—100 Corp Co Key Co common lft Feb 16 7,500 lft 5378 534 .; . 1 Inc.. Canada— Co 37a * 374 174 — Electric 472 % Kansas Gas & Kawneer Feb ft Jan ft Jan Motors Kaiser Jun 383/a July Jan 474 * • 10 . 297a lft 3ft 547» 10 —2.50 non-voting voting B Motor 28 174 . —* (Phila) Fishman CM H) Co Inc.. Fitzsimmons Stores Ltd'class A Flying 28 25c 37* 15C Apr 2372 Mar Jan 2 11 Inc.—_— Low 1 8 47a i— Association Firth Range Since Jan. 1 High Mar 6 a Federated. Petroleums Ltd—■— Shares » Kingston Oils Ltd— Low Jun 130 43/a . Fargo of Prices 10c Julian & Kokenge Co.. 237s July 500 27a __ 25 Jun 678 6% 19 Jun 1074 102% 101 __ .Warrants Fairchild Sales for Week Range Sale Price Par Feb 21 31,000 * $1 or 25c common— Week's Last American Stock Exchange High 27 2,000 - 1 Eurefea Pipe Line ' 197a July .. 103/4 1 Inc. 300 227a 22 3/4 Electrographic Corp common 1 Empire District Electric 5% pfd—100 Empire Millwork Corp 1 Emsco Manufacturing Co 5 Equity Corp common 10c Eureka Corporation Ltd 16 STOCKS Low 197a — 5 $2 JULY Range Since Jan. 1 High .1972 __ * Elecirtc Share ENDED Friday Shares .Low shares of beneficial int—1 preferred 30 Bond & WEEK ■. Common $2" FOR Sales for Week 1% Jan 2 3/4 May 45 . Jan 1 93A Jan, 347a 34 343/4 """" 2,600 20 Apr 7% Feb *• 52 1072 Jun Jun Jan Jun 343A July 9 Apr The Commercial and Financial Chronicle... Monday, July 19, 1954 34 (278) AMERICAN STOCK EXCHANGE FOR RANGE Friday American Stock Range Niagara Share Corp common..... Pond Nipissing Mines—.___ North Rayon $3 North Central Northeast North Texas Northern RR Ind Jan 2 hi 3% Apr 5% Jan % 7,700 % Co 1% Apr 42% Jun 23.100 1% Jan 700 18'% Feb 27% Jun Sherwin-Williams 2,300 3% Jan 4% Jan Shoe 4% 4% 4% 87 100% 101% 101% pfd._ 100 91% Jun 95% 190 Jan Sicks Apr 101% Mar 4 3% 3% 2% 19,200 Okonite Ltd 50% 200 44% Jan 51 Jun 120 105% Jan 110 Feb Company common. 300 6 ' ' Inc — „ 19% 3% 4 1 : 4 Jan 9% 6% July Jan 200 15% Mar 900 20 Jan 98 Feb Pattern common Ltd common— Singer Manufacturing Co..—_i Singer Manufacturing Co Ltd— Amer dep rets ord registered Smith (Howard) Paper Mills Mar H* July 8% ' » 3% May 20 May Sonotone 4% Jan Soss Jan Corp Manufacturing 16% 15 Jun 17% 48% 10s Securities 49'% 1,250 37% Jan 49% July 17% 17% 300 13% Jan 17% July Can 5% 1st 5% Co common preferred..— redeemable 1st 1,200 ■ 36% 2,300 33% Jan 36 % Mar 4.32% 33% 500 30% Jan 33% July 4.08% 30% 30% 100 28 Jan 30% July Southern 28% 28"% 1,800 27% Jun 28% July Southland 28% 28% 100 27% Jun 28% Mar 28% 28% GOO 26% Jan 28% Mar Shoe Corp Stahl-Meyer Inc 104% 105% 100 98% Jan 103% 103% 30 97% Jan 105 Petroleums Ltd Power & Public Light 5% pfd— Page-Hersey Tubes Pantepec Oil Park (C A) 28 33% 6% 21% Jan 33% May 6% Jun 21% 3,600 15% Mar 21% May 33% 34 6,100 29 35% 33% 33% 6% 6% 21% I 33% 7% 103% 104% 150 Jan Jan 29 Jun 71 Jan 73 Feb vtc__.2 Bol 1% 1% 1% 28,200 lc 2 Va 2 2% 8,400 Standard 24 6% Apr 56% Jun Standard Jan 4% Starrett 1,000 13 Va Jan 21 Mar Steel Co of 18 % 3,000 13 Vb Jan 20% Mar Steel Parts 6% 6% 6% 2,200 Feb Stein (A) 3% Mar ~7% Scale Inc 5% Jan Sterling Brewers Inc— Sterling Engine Co Apr Sterling Inc (J * 41 39% 41 1,600 35% May 41% Feb, Stetson 4% Jun; Stinnes 4% 4'% 65%'72 72 16% -_i • ' 600 3% 3,450 ' 17 • •-400 « 5% 5% 5% 400 10c 3% 3% 3% 600 21% 22% 60 Jan 1 200 ' Feb 5Vm Jun 3% - 72 ! May 14% J •t 20 Jan May July:* J-17 SUn 4% Mar , Sunrise Jan 26 2,V 1 3 "1% 13.100 3,000 - 400 32% Jan 38 Jun 26% 26% 900 Feb Jan 72 % 2,900 19% 800 19% July 6% 100 6% Mar 8 Jan; 2% May 3% Jan. 65 Vb 2.50 24 4 100 3% 4% 4% 500 3% 21% 21% 12 12% 200 950 May 16% 44% July Apr 40% Jan 113% May* 50% July 36 1,300 1 Jan 111% Thlokol Thor 9% Jan 11% July Thorofare 54,300 8 16% July Tilo « 9% 9% 9% 1,900 ] ;{ Apr 10% Jan 125 98% May 37% 37'% 400 31 % Jan 5 16 16% 1,050 14 39% 40% 900 24 A -V 40 Quebec Power Co Amer Feb xl03 _ * 5 Light $4.56 & Todd Apr 40% Tonopah 26 Jan 1 _ Co & Electric & Engineering... .1 Corp Royalty * _ 1 _ Rochester Gas & Elec 4% Rolls Royce Ltd— Jun Oils Corp — 100 12~ 27% 25% 27% 3% 3% 3% 4% Jan July of 6% Jan Union Jan I Apr 8% 8% 8% 1,500 6% Jan 7% May 8% Jun 7% 8% 2,800 7% May &% Mar % % % 700 Jan 33% 200 25% Feb 9% 9,100 7% Feb Realization Gas Union Oil $3.75 Co of Apr United Aircraft 9% July United Elastic 34% United Milk Jan 3% Jun United Molasses 1% Feb 3% Jun x2% 4,400 2% Jan 2% Jan 89 560 11% 1,450 1,200 "10% July ?..* 61 % 500 12% 14,300 61 ord Jan Jan Steel Corp 36 Amer --5 99 N United 10% Mar RR J Profit Co series * 22% May U S 32% 39% Jun U 10% May 13 Feb 10% Jun 13% Feb 5% Jan U 900 11% 1,900 * 11% 11% 12 10,200 5 100 1.25 . 5 5 ' 5 Jan 20% United Jun Feb S S 22% 25% 3,100 14"% Jan 2% •2% 2% 1,000 2% Jan 3% Mar U S 1 common 25% 1 _ 5 Vb 5% 3,200 4% Jun 5% U S 4%- 22% 7,500 12 13% 14% 1,400 30% 300 21% 1 ■A 8 San Carlos Milling Co Ltd Sapphire Petroleums Ltd. & 8 Fisher Brick J.25c Co.. 1 Inc. Seeman :i Western 12% 12% 5% b% 2 2% Bros 50c 25 % and page 17% 17% 1 9'A May 22,800 1/j Jan 300 4% Jan Radiator Rubber 35. 15% May Jan 16% May 32% May 9% Mar Jan 7 8% 2,300 22% 300 18% Jan 22% 37 100 35% July 44% Jun 5i\ Mar 6 Feb II Jan U July __ 3% 101 51% 3% 52 800 3% 44-Vb Jan 2,700 3% Apr 175 100% 102 94 800 Jan 1% Mar 57 % Jan 4% Mar 102 July 2% May 24% 23% 24% 1,050 18% Jan 24% July 18% 18% 50 16% Jan 19 % 2% Jan 4% 44% 2,600 3% Jan 5V8 Jun 1,800 33% Jan 44 % July 8% Feb 8% Jan 4% 4% 43% 42% 4 _ — 41,900 — 98% 81% 100 81% 110 5% 6 Vb 7,700 common..50c 6 34 32% Jan ill July 2% 2% Mar 3% May 4 1 7 Jan Jan July Feb Jan 800 2% Jan 3,400 15% Jan 2,100 17% July 1,600 1 July 58 registered July 1 b^8 75% 5 Jan Jan 30% Apr 98% Mar Feb 89 6% Jun Feb 36 7 50 6% Apr 8% 4% 4% 100 4% Jan Si1* Apr % 800 Jun 4 100 3% July 221 25 10 4J>% 25 '437 46 Jan 12.400 36% Jan 38% 260 36% Jan 9% 10% 1,200 9 % July 10c 1 3% 3% 22,400 2% Jan 4,000 1 19% 72 58'% 61% 4,400 8% 8% 2,300 150 * 100 y8 1 Reclaiming 8% —• Securities with warrants^ Corp 59% 18% 72 19% 6% 5% 1% 1% 100 "5% 2% 3% 50c common.. 5.800 5 Sugar 72 % July 39 % Jan 9% May 101 % July Apr 7% Feb 1% Mar 2% Jan 4% U J?n 57 400 56 Jun Jan 28% 20O 22% Mar 2% 2,900 62% July Jan Jan 6% 88 23% 2% Feb 19% July Jan 28 10 Co 4% 16% May 56 10 Products 6'A 175 July 62 5,700 1 Co common.. 100 Va 101 Jan 40% May 14% Jan 38% 10% * Apr % 5% Mar 46 38% 3 236 Jan 1 common preferred Feb 2% Jan 94 50O 34 100 common Oil Utah-Idaho Feb 4 4% 10s Universal 12% July 2% Jun 2% 7 * common 350 97% * A Consolidated 2% Jan 3 Vb J»ly 67% 33 Apr May 28% May 3 . Feb Jan 20% Mar 23 Mar \f V , Valspar Corp $4 convertibel Jan Vanadium-Alloys 1 1% 7,200 1 July 1 % Apr Venezuelan 6% 7% 8,700 5% Jun 7% Jan Venezuela 2% Jan Vinco 1 common 1% 1 preferred Steel 24 24 1,800 100 May Jan 7 Feb 90 July 22% Mar 24% Apr Jan 1 Inc 2% 2% 1,700 1 % Apr 14% 200 12 Va Jan 14% Mav Virginia Iron Coal & Coke Co 13% 14% 2,000 9% Mar 15 V8 July Vogt Corporation Manufacturing 6% 24 23% 23% 24% 23% Feb 32% —20c 3% 3% 3% 1,500 3% Jan 4% 1 5% 5% 5% 5,600 4V4 Jan 6% Mar 10 30% 2,450 24 y2 Jan 31 July 100 12% Jan 15 Mar Petroleum Syndicate 6% * 5 74 6% 5 . Co 13% 14 9% Mar 10% May 21 7 common Stores 7% I» Jan 6% Canal $5 1st preferred July 2% —__.T2.50 see % l/ff Jan 200 1 24 22 % 20 International 1 II Co 2% 19 38% Apr 1,200 Co convertible 1 Airlines Inc For footnotes 17 2% 4,809 . 5% 17 Va 19 50c Corp General Selby Shoe 12% 1 Scurry-Rainbow Oil Co Ltd Securities 58 ♦ common Scurry Oils Ltd Seaboard 54 1 (Del) Steel Co 58 Mar 36% 8 22% " .1 110 4,900 Universal common 19% 3,100 13% 30 13% Jan Feb 106 3% Conditioning Corp Finishing United Corp Ltd Feb Jun 14y2 2% Omaha ord Specialties Air $4 1 Ryan Consolidated Petroleum 11% May 2 U S Foil class B Jan 38 % 10% '. 25 18% Mar 37% 13% 762 3% Preferred May 17% 600 11% _ common. Ryan Aeronautical Co Ryerson & Haynes 10 900 37% Feb 112 preferred 20% 10 52'A Ltd— Co & 20% 1 ... common... xl2 5 . Sharing IS'% 20% ; California— rets dep 20 Ltd Ave 9% Mar £1 reg„_ . July " 12% • Inc 18 y8 14% Feb 10%. Jan 10% ' dep rets .. 2% United Shoe Machinery common Rome Cable Corp common Feb 10% ♦ Products July 1% 97 Jun 4% Jun ilif Corp 700 95% 97 Jun 27% 2TA Mar 3,850! ; 7*9% 10c Porducts x2% 2% 14% v 3% Corp. Yards of Union 4,300 22 18% May Feb' 5% 20% Feb 3,000 *: July 20 - 6% Co preferred Stock Jan % 3% 3,400 Jan . 33 * > 2% Corp Investment 2% 36 300 x9% Jiin 1 Canada 2% 30% ' 10% 1 ... Chemical 2% 400 22% u Union 36 12"% Jan.' J»n *7 20% Apt Jan 11% * Unexcelled 9% . . 16 17% * 7 33 17% Mar v ,1 'Jan 26 7.1,800 " 10% ... 26 9% r 19% 12 100 Inc Jun iB0 33 ' 18% 20%Jan; " Jan Apr ! 2% 3% 1.25 _ 23% 1 ."7.9% , , Apr 4% warrants Corp Temper United pfd F__ 33 70c _ . 2,800 • 2% 9% Jun Feb 15% Mat. 1% July 1,700 ,19% 20 __ Ltd 25% 803 1,500 2%, £1 5s preferred 25 1,000 4 .18 * ';;9.%. Jan.. 1 1 of Nevada Mining Empire True July . 1 common Toledo Edison 4 % % 2% _ Radiator.. "l% 2% .5 Corp 25% Rico Argentine Mining Co Rio Grande Valley Gas Co— (Texas Corp) vtc "l% 25c Stocks Ulen 5 ... Remington Arms Co Inc. 1% * Inc 5 July 24% Feb ..1 12% July 12% Jan 7% 5% Ju» 16% Jan 100 22% 3% ♦. pfd deposit rets def registered Shipyard Toklan 8% Pump Co 800* ' 5'/2 Mar 38'% July Jan 12% 1—1 —20 22% 7 2% Jun 7% May f 2% Feb, 2% - 11'/a ... 29% Mar «■ 17% 1—5 150 6% 900 5 common 100 7 r• 400 4 12% 17 17% Corp!_'_— 24% • 1,40a; 38% 3% common—!. Co 24 _____ Co 5 Jan 5 common—: 24 V/b _10c 1__ deposit rets ord registered 38% May 16% July Trunz —1 4% 5% 5 38% 14 200 Security Trust Co Ltd— Jan 21% _ ~5% 5% * 1 15 Inc — common Tri-Continental ..10 5% Jan 700 July 14% July " Feb 4% * 25c 1 Corp.. Corp., Allied Trans Lux Investment A 6% 1—1 common!— Markets & Amer 101% 101% ♦ Packing Co common Raymond Concrete Pile common Reading Tube Corp common Feb 8 2,200 2,400 50 - Roofing Inc Realty & Construction Trans Railway & Utility 13 Vb 7 18% Tishman 9% May Jan 8 July Public Service of Colorado— Rath 2,400 10% 6% 18 Chemical Providence 10 14% 10% 18% Corporation Tobacco Pyrene Manufacturing 14% 10% 5 Inc Shovel Thew Feb common 15% July Corp common. Power 14% 100 Jan Texas 11% com 13 7 400 Timber 10,800 Feb 11% & 15% 5% 11% Pulp 14% 8,200 10% cumulative preferred 30 »A July 15% 6% 11% Gas 25 J an —* 2.50 Ltd Jan Jan —1 44% May * 16'A Tampa Electric Co common 11% Sayre . 14% Mar 41% Technicolor 50% 23 Feb 25 3% May 43% Jan Feb 1% 1,050 Jan 46% „ 18% 11% 4,000 5,100 6% • 200 1,300 2 1,200 2% « Scullin 5% May 24% 23,900 Prosperity Co class B__ Schick Jan 50 3% Tobacco Inc Feb 29%" 30 25% Jun' Jan Oil 5% 23% Jan 1% Savoy Jun Jan Jan 49% 21% 4 St Lawrence 6% Mar 5% ; . 29 % 125 100 America..— 12 24% 1% May Co Jan 54 Jan 4% 4 2% 6% * B 2% Mar Oil 41% 200 200 class Inc Class 3,600 Russeks Fifth 400 5 ' Talon 26,000 Royalite 50 5 Jun 20 1 % Electric 27 Va May 25% Mar Jan ■:v 3 (The) Jan Feb 49 49 22'A Oil Swan Finch 1 Vb Rowe 25% 5% 3% Jun 3/,r Rotary Feb Jun 38 72 % July 6% 2% ... 2% Jan Jan 2 ' „ 25c I". 3 19% __ 24% common—. ~2 70 % 71% 10 common "lli 2% 1 : ; 12% American 28% 38 22 Supermarkets l % Roosevelt Field 51% July x41 22 Superior Portland Cement Superior Tool & Die Co 3} j| Inc Jan 26% May 34% Jan • Ray " Drug 15% Richmond 46 100 700 ; common B) (Hugo) l Rice-Stix 200 51% 28 24% 1—1 —10c —r—1 . Stop & Shop Inc—1——_—, Stroock (S) & Co common May: •;. 6% Mar: shares—10s common of 8% Mar. Jan 1 Reliance 32% Mar 41 Sterling Aluminum Products common.5 Feb Producers Corp of Nevada (Robert) 10 26% * 5% 14% 1 Preston East Dome Mines Reis Jan Jun 38 5 5% Jan — preferred.. Regal Shoe 5% 26% 23% Corporation 100 127/b Pratt & Lambert Co Reda Jun 1,300 4,900 1% & Co common 1,000 8,700 _l ordinary 5% 14 commons Power Corp of Canada Preferred Jun 8% 51% .1 * Canada 7% 13% common. Pyle-Natlonal Co Feb 9'A 28% 8 .1 7 13% Mining Co. Sound 5% Jan 49% B.. 5% —.2.50 Amer Powdrell & Alexander Jun 55 Feb L. Co Ltd 8% Jun 6 26% Pittsburgh & Lake Erie 50 Pittsburgh Metallurgical common..2.50 Pittsburgh Railways Co * Pleasant Valley Wine Co 1 4%% Apr 7% 2% May 56% Jun Corp.—-— (The) 18% 17% 1 Mines Ltd., Metals Jun 24 Jun 4% 40% 1 Corp class Tube 18 „ Piper Aircraft Corp Prentice-Hall Jan 4y8 May Jan 28 —1 Co Standard-Thomson Jan 17% • common Johnson 1st 9 27% * B Products 18 2.50 _ Puget class Common Standard Jun ih Circle Corp_i___■ Phillips Packing CoiJ Phillips Screw Co Pneumatic May 10 Light common & Power l — (The)—— Pioneer Gold Jan 4% 1 10 1 (Ky) preferred Jan 4% 1 „_____2 Co Pierce Governor 32 4,000 4% 8% 1 Inc Packaging Corp.. Convertible 2 Perfect Pressed 2% Oil Standard 2% Mar Jun 53 li_ 1 Pepperell Manufacturing Co (Mass)i._20 Pep Boys 150 1,800 400 4% 4% ...1 Corp Industries 2 Water & Power •6% 7,600 5 Jan 2 l Pennroad Corp common.. Polaris 4% 4% 1 Bol Corp 1% Forgings Standard 105 % Mar 26% - Patican Co Ltd Pinchin 12% Mar Jun 26% Parkersburg-Aetna Corp ; Patchogue Plymouth Mills.—— Penn Jan 4% May. 3% Mar 3% 1 —20 preferred- convertible $1.60 Standard Jun B Traffic 28 1,500 25 1 5 1 —* Line Royalty Co Pipe Standard Feb Chemical Company. Co class A Penn Jan ~4% ~4% .25 25 Standard Dredging Corp common Feb 2% 1 % May 20% Parker Pen Class 7% 29,700 —♦ Amer share Motors 3,600 8% * <C A; : 2% 7% 101 % common vtc 2 Apr ♦ . : Pancoastal Petroleum 2 100 common $1.30 1st preferred- Paramount convertible preference Spencer 106% Mar Jan 106 _1 —, Service 104 60 105% 106 * 1 Airlines Pacific Oil 28% May. 105% May • Northern Israel July ~4% 25 cumulative preferred— * Pacific Pan Feb, Feb 23 2,900 8% cumulative preferred 33% preferred.: cum dividend $4.75 4.48% 22% 36 preferred preferred.——. Lighting $4.50 $4.40 dividend Pacific 22% May 21% redeemable 1st pfd series A—25 4.80% red 1st preferred _25 Pacific Jan 13% 5% Pacific May 18% 27% May 24% 27% preference convertible — 28% preferred—„25 36 Apr 23% original preferred 25 cumulative preferred——25 33% 25 106 y2 Mar Jan 26% Mar 16 Jun July, 94y2 July. 23% 1 36% 5 1st pfd 25 preferred----————25 1st 102% 50 200 12.50 22 Gas & Electric 6% 830 34% 17% Mar 8% x54 Southern California Edison— 25. 4.56% 5%% Jan 17% 1 South Coast Corp common— South Penn Oil Co common - 5% Pacific 74 34% 4.88% Pacific 1,300 23% common. 16% 46% 16% ... 94% 105 £1 * ———1 17% ... O'okiep Copper Co Ltd Amer shares Overseas 73 675 9 —7 B Olympic Radio & Television Inc x75% 8% 8% 1 United Filters class Omar 1/* July ■- 73 73 25 - Old Town Corp common.. 40c cumulative preferred Oliver ; . Jan 91% 93 * 1 —* —20 Simpson's 90c 40% 2 1 Simplicity 109% ... 2,400 Publications— preferred convertible $3 50 109' ** Oils July 50 109 " Okalta 4 Jan 17 Jan 2 :— common « 4%s preferred—— 10% July J aft 4% * B Co Too Brass Co class B common.. Power Jan 4,600 10% July —— Class .50c common Ohio 5% 8% 7% * Canada Simmons-Boardman Ogden Corp 5,700 51 % x54 * 25 Oil & Gas Co class A Signal Silex Ohio 200 105% ~8 of Jan 15 10 % 10 of America class A—. Breweries Ltd A Mar Jan 15% 10 Corp % Jan 4V2 3% May 1,000 12,100 lfi 10% 10% ———.'.———100 preferred 4% 3 jV 24% 3ffl Jun • High LOW 4 /« —* 5 B Shawinigan Water & Power—, Sherwin-Williams common __—i 2% Mar Jan 3% . Range Since Jan. 1 High Inc ———20c Mining Denn Shattuck Feb 4 10c 1 common——— J;! 2 50 4% % eLather Shares 10% class Corp Servomechanisms 23% 25 ; Oil—.——.5 Serv Serrick Jun % Jan 37% 400 1% 1% __1 1 Pub 1% 7,800 % Is Airlines Penn 1,400 4% preferred.50 Canadian Oils Ltd North 2% Seton Laboratories Corp—_ American 22"% May Jan 4% 8,800 for Week Low 1 common... Control Safety Sentry Ltd— American dep rets ord shares Norden 16% 21% Corp Radio Sentinel July 25 Jan 2% 4% 1 , Non-Ferrous Metals Products ; _1 __ Noma Lites Inc 17 1,900 25 Par High Loir 20% 21% — —, 23% 23% 5 Range Since Jan. 1 High Range of Prices Sale Price American bioca Exchange Sales Week's Last STOCKS Shares of Prices Low Pat- Niles-Bement for Week Sale Price Exchange 1G Sales Last STOCKS JULY ENDED WEEK Friday Week's . . * — 30 31 14% 14% 4,100 Jan Number 5343 Volume 180 The Commercial and Financial Chronicle ... (279) 35 AMERICAN STOCK EXCHANGE RANGE Friday STOCKS Week's American Stock WEEK Range of Prices Loto High Low • voting ctfs ext * 7 % preferred Waitt & Bond Inc_ $2 cumulative Wallace & Waltham 5% Wentworth West Western 2 2 1,100 1214 Jan 2114 July 27% 1,100 21 Jan 1% 1% 1% 3,900 I 7% 7% 500 12% 10c 1% * 1.25 ... pfd Ltd 3% 103 100 : * Inc Mfg Whitman Inc Co 24'A 2,800 8% 1,300 Petroleums Ltd 1 Brothers Lt 4 % % pfd Inc Petroleum W) 7% 1314 2% Jan 700 214 10% Feb 102% Feb 17% 17% 50 1514 Jan 13 13 39.% 40% 5s 1 1 1 1 £1 1 1 1 «-< * II Apr Jan 45% Interest 00 American Stock Exchange Last or Bethlehem Quar-Feb Edison 1 1998., 2%s series A 1970 Chicago Transit Authority 3%s Apr the 100 Rail¬ Util¬ trials roads 1st mortgage 4s series A 1993 mortgage 4s series B 1993 Elmira Gas Water E"rcole Fuel & Lt 314s RR & Marrelli Elec A 614s Nov ex Finland 5s 1940 1947 1 1956 Residential Mtge Bank 5s 1961 Flying Tiger Line 514s conv debs 1967 AGesfuerel Power RR 1970 Hamburg Electric 7s 1935 AHamburg Elev & Underground St Rys 514s 1938 ' Isarco Lots with A7s Nov 1940 1 Tietz A Mansfield Midland New 714s Min & Smelt Valley RR 4% 59.15 127.21 99.81 13 340.04 116.50 59.22 127.28 99.85 14 340.44 117.43 59.61 127.80 99.96 15 341.06 117.80 59.69 128.07 100.06 England Power 314s ~7 97 94 85% 91% 15 6 54% 63% T»ate— 94% 100 V4 Mon. July 12 56.31 56.31 3 103% 106% Tues. July 13— 56.45 63 67% — i7% 87% 93% 89% 7 130 *45% *150 *107 115 *25 • 913A 128% *91 —— 92 102 3 ' 'A 1st Ohio 614s mortgage ' • Power 1st 1st Jan-July 314s mortgage 3s 104% 1971 3%s 1970 Piedmont 1964___June-Dec ft i Jan-July with Oct A614s ex Oct APrussian 1 1940 1947 l Electric 'mm'Jrn . 103% J i~ ' *102 Composite Gas 6s 6s 1971 614s A 1953 Corp 1998__Jan-July Jan-July .——_April-Oct ARuhr Housing Corp 614s 1958 May-Now Harbor Water Power Corp 3s 1981—May-Now Sapphire Petroleums Ltd 5s conv deb 1962_Jan-JuZy 154 *84% ' — — : —-. ''' California Southern Edison 3s 1965 Mar-Sept 102% • 314s series A 1973 1st and ref M 3s ! series B Jan-July Feb-Aup 1973.: 2%s series C 1976 314s series D 1976. series E -.— 1978— Southern California Gas Southern 314s Gas Counties 1970 (Calif) Southwestern Gas & Electric (A G) .— — & Bros 5s 1971—Jan-July 3s 314s 1970 Starrett Corp Inc 5s coll trust Stinnes (Hugo) Industries— April-Oct 1966 stamped 1946 Terni Hydro-Electric Co— A614s with Aug 1 1940 coupon A614s 294.1 137.1 Trade, Finance, and Service 235.3* 233.5 + 0.8 235.3 Vf Mining 257.3 256.0 + 0.5 273.7 ft Aug ex 1947 1 A7s with A7s ex Dec coupon .April-Ocf -- , ft Transactions at the New York Slock 135 91 Ro.ilroad Stocks 103% 103 Week Ended July 16, 1954 102% Mon. July 12 Tues. July 13 —. — I .1 14 — Exchange Shares United States Bank Foreign Bonds Bonds Total Government Int'l and Miscel. Bond Bonds Bonds Sales Wed 107% Thurs. July 15 Fri. 16— July July $4,050,000 $568,000 $4,618,000 2,429,540 288,000 4,121,000 2,517,860 3,010,810 2,536,100 3,833,000 4,020,000 4,657,000 3,774,000 12,826,400 102"% $20,334,000 4,406,000 386,000 482,000 $10,000 5,149,000 352,600 4,126,600 100% Total. 103% 89 89 2 89 95 1 81% 96 $22,420,600 $10,000 $2,076,600 96 95 *175 177% 152% — 1956 95 *95 Feb-Aug ~ *25 — — Week Ended July 16 174% Btocks—No. of shares- Jan. 1 1953 to July 16 1953 1954 I 264,730,785 4,628,120 12,826,400 90 — 8. U. 204,943,722 m u $35,000 $5,500 Government $10,000 $24,000 698,000 588,000 2,076,600 1,748,500 73,940,200 55,396,340 20,334,000 10,662,000 439,479,600 400,280,500 $22,420,600 International $12,434,500 $514,123,300 $456,299,840 Bank Foreign *93 June-Dec Railroad and Industrial ' Dec 1947 1 1956 coupon *25, — _ United Industrial Corp— A 614s A 6s f debentures s mtge Wasatch Total 1945 Corp deb 6s ser A Washington Webb & f gold s 1941 Water Power 1963 314« 1964 —May-Nov June-Dec Jan-July June-Dec June-Dec Knapp Inc 5s debs 1974 116 93% 116 133% 105 132% 9 93 ~ 116 93% 112 2 *119% 93% *105% 106% 72% 72% ' 1 96% 103% 105% 72% 67 72% 72% Transactions at the American Stock Exchange ' West Penn Western Traction Feb-Aup 107 *109 June-Dec 1960 5s Newspaper Union 6s 1959 100% 100% 100% 99% 6 110 102% Daily, Weekly and Yearly Stocks Foreign Governments and Municipalities Friday BONDS Interest American Stock Exchange Period Last Sale Price Bid & Asked Low Agricultural Mortgage Bank ' A20-year .. 7s April A20-year 7s Jan A Baden (Col) (Germany) 7s 1951— Valley ,7s 1948—1 Bk A6s of German series Port AGerman AS f Cons AHanover 6s (City) (Prov) ALima City (Peru stamped 7s 6%s 1947 1947 Low k — — High Mon. July Tues. July Wed. July 555,481 12 13 —— $45,000 504,190 1952 _ — —— — _ 79% 20% 2 106% 9 105 92 91 :_Feb-Aug 110 stamped 1958 Mar-Sept (Plan A) 2%s 2008—-May-Now *41 6%s 1949 6%s 29,000 22,000 20,000 29,000 Total Bonds $116,000 185,000 71,000 Thurs. July 15 — ' 120 574,545 83,000 24,000 8,000 115,000 581,295 91,000 28,000 3,000 122,000 2,690.516 $353,000 $163,000 $93,000 $609,000 July 16 142 84 84 88 77 20% *138 1939 $33,000 51,000 — * Total.: 57% , 117 17% 21 94% 1954 Btocks—No. of 135 5 1 57% 1 — 102 125 Foreign corporate 57% 41 59,436,769 $233,000 $6,298,000 $7,162,000 163,000 Foreign government 51 1953 68,976,152 $353 000 Domestic 41 1954 1,220,770 152,000 6,628,000 11,053,000 93,000 66,000 2,904,000 3,197,000 $609,000 $451,000 $15,830,000 $21,417,000 Bonds 123 145 83% 1953 Jan. 1 to July 16 2,690,516 shares 130 3 P2 142 110% — Week Ended July 16 115 75 95 *80 Jan-July ^Feb-Aug June-Dec 7s $38,000 105,000 475,005 14 ' Bonds ' *84 May-Now Ger No. High — *120% 129 June-Dec Feb-Aug Munic secured *93% April-Ocf Waterways AHanover Maranhao ; 1951 & Jan. 1 State & Prov Banks— 1952 A A 6s series B ADanzig Sold Foreign Corporate Fri. *93% Aprt'Z-Oct Jan-July Jan-July 1947 ACauca Range Sine* Bonds Bonds Shares) 16,1954 Government Domestic of Week Ended July — 1946 Central Bonds Friday's Foreign (Number Week's Range or . 2,332,090 104% 102 —. ■ Daily, Weekly and Yearly Number of 100% 97% . 233 1 Bonds 1953 1953 coupon Co— 1940 1 • 124.6 ft I ' 103% *102% 103% — — 198.5 209.5 high. 101% — 9 *99% 100% —— 249.2 193.9 230.7 1954 2nd United Electric Service Feb-Aug May-Now 193.2 85 101 106% 104% 104 % 254.4 . + 0.8 97 - 103 *105 + 2.1 + 1.3 98 99% 222.7 136% 99% 2 101% *101 83 130% 101 46 102 102 275.2 + 2.0 __ .... 38 102% 102% *98 _Feb~Aug Feb-Aug —_Feb-Augr —April-Ocf 1989.. 88 + 1.4 — — 66% 100 85 232.3:. 291.7 156 120 — — *100 — — 1 ■ *96 + 1.4 271.4 , 294.1* — _ _ _ 135 148% ft.* ' *122% ft 85 Low High Change 249.1 -275.2* 254.4* Goods— 1954- Percent , 229.2 93% 116 85% 100): 102% 1 133% 133% • prices of the common and by major indus¬ and with highs and lows for 226.2 103% • 1 ' 135.3 101% «».. 132 154 2 16 137.1* 102% 104, *123 154 1953 230.7* ft/ 99 2 . . Goods Non-durable Utility *25 . Feb-Aug Co Safe A7-4s t • Transportation 105% 99% ibi'.;iu„- .•V 103'A 4 44.40 Sep July 2, '54 232.3" Manufacturing 103 *90 ApriZ-Oct 1960 1954& Gas Reading Tube Corp. Spalding 91% = July 9, '54 93% 101 ' 1954 57.24 July 16 47.32 Jan Low - 150 85% 1 11 for — 49.80 Feb '. ♦New 1960 coupon coupon Gs Public Service Electric 3% % —— 100.84 Averages Range for • (1939 ' Hydro-Electric Co— A614s ARuhr 92 103% 103% —April-Oct — 150 155 *90 April-Oct 1968 Pennsylvania Water & Power 3%s > *150 Jan-July 1953— mortgage 100.91 High 57.22 the current year are as follows '/ Durable «"6!4s due 1953 extended to 1963 100.41 , 56.55 16 143 93 103% 103% —. 100.30 Range Low try groups compared with the preceding week __ 145 89% ft 100.87 SEC Index of Slock Prices 94% 81% 135 *131% 133% 100.44 The SEC Index of stock prices based on the closing stocks for the week ended July 9, 1954, for composite 122 __ — 81 92% *145 100.11 102.87 High 56.91 142% 93 — 14 July 15— July 50 141% — 100.87 102.97 100.71 103% ft. ,41% . 100.49 122 98% 48 100.39 91% 110 *102% 104 Fri. 96% 87 97 *121 — July Thurs. *96% 100.19 100.16 — Nippon Electric Power Co Ltd— ' 102.99 102.99 Closing 12 — 100.25 (35 Stocks) Compiled by National Quotation Bureau, Inc. 9714 *90 40 Bonds 100.10 Over-the-Gounter Industrial Stock 101% 57 Mar-Now 1961 115.80 340.91 *25 liq tr ctfs Jan-July May-Nov ApriZ-Oct May-Now 1963— 102.65 12 150 *93 1941 99.84 Total ities 105% 1 7s 127.12 65% coupon 1946 59.19 July *" A Leonard Rails 96 — June-Dec 1952 A7s ex Nov 1 1947 coupon 1952 Altalian Power Realization Trust 614% Rails High 101% 23 Hydro-Electric Co— ' trials 56 % Jan-July May-Now A Util¬ Stocks 64% June-Dec 1963 4s Grade July Jan. 1 No. 90% June-Dec 3%s Guantanamo & Western Grade 104 % 104'A Jan-July debs .1953 6s Mountain Green 10 Indus¬ 1 July Wed. 1953 Second 65 ities 115.22 341.25 10 First 96 May-Now May-Now Mar-Sept 1953 coupon coupon representative stocks and bonds 10 56 % Mar-Sept week. Averages 9 Mtg Co— ""A614s with Nov 1 ' 1965. during current Total 65% Jtfay-Nov May Jan-July A 1st transacted July Lackawanna of N J Division— Eastern 5% -Bonds— 15 Date Range Sinoe Sold High 100 90% 3% 10 Jan 132 100 9014 7 Stocks May 2 *150 Jan-July being averages of 20 Delaware Lack & Western RR— ' daily closing 30 3% Apr Bonds 10414 104% June-Dec ... 1978 11 ltt Jan Friday's Low June-Dec Aug sales no July 10 10 Bid & Asked Sale Price Period Appalachian Elec Power 3%s 1970 Boston are Apr Week's Range Friday BONDS 8% Jan 1 3% *-* £ 5% 4% flat. traded 17% May 1314 Jan 1 1 3% transaction Indus¬ deposit receipts preference 1 Wright Hargreaves Ltd 6s asked ..prices; and Ltd— American 36% 11 4% Stock and Bond Below 12% Feb 107% Mar 32% 500 1,400 bid being Jan Jan 25 13 a Apr Jun 2% 39'A 48 4% Feb Jan 14 11% 8 delivery 1 4 % 5% Mar Jan 2% 2 common Deferred 39% 32 115 56 3% Mar 28,200 —— 4 % 39% 44% 11% July 11% 1 36 48 Jan-July Jan-July 104% 36% certificates of deposit; "cons," consolidated; "cum," cumula¬ tive; "conv," convertible; "M,'' mortgage; "n-v" non-voting stock; "v t c," voting-trust certificates; "w i," when issued; "w w," with warrants; "x w." without warrants. Jan 10% XT 48 36 ...Jan-July 2012 2s A) 1919 100 — in receivership. Abbreviations used above—"cod," Jun Apr 6 1 "% — 100 Machine Industries Steel {Friday's 8% July 21% May 414 July 814 Jan 400 1 ~~% 25 & 6% 6% ( Jun 26% Feb 7 600 1 common Newspaper 17% Jan 2,000 1 preferred Apr 314 Willson (F Mar 20 6% 46% *99% 102 § Reported sy8 Wilrich Wool worth A Bonds Jun 23% 11% 1997 1 (Plan 6%s *65 June-Dec value, "28 ; — Woodley July par Jan 8% ~4% Jan 85 (not included in year's range), d Ex-interest, e Odd-lot transaction (not included in year's range), f Ex-distribution, g Ex-stock dividend, h Exprincipal. n Under-the-rule transaction (not included in year's range), r Transaction for cash (not included in year's range), x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. Mar 188 ♦No Jan 2514 4% 52 — 19 50 • Woodall A5%S 1921 11% 27% 10'A *50% 1997 stmpd Government 35% 27% 24 3s Janeiro Apr 1 Corp. Corp Pwr de ARussian Apr 16 25 Jan-July H*ah 85 *66 Jan 6 Jan *40% T,nw *66 Mar-Sepf 2%s 2008 Jan. 1 No. *84 May-Nov April-Ocf 1947 Range Since Sold High June-Dec 1927) series E 814 50 (R C) & Co Products Inc Wisconsin 175 f 2%s s Sinking fund Rio 103% Jun 4ft July 20 17% 11 Wood 2,600 Extl Jan 4% May stamped (Plan A) (Republic of) — Peru 1% Apr Jun 17% _4% 5% 101 425 1 Wilson 730 188 16% May 165% 314 Jun 1,200 _9% 5 Williams Jun 4ft 17% 1 preferred & Oil (The) Jan 9% 5 (Wm) River Wickes Feb % 150 Ve 4% 188 1 . Stores convertible Wichita 7% 40 (issue of Parana Jan 50 3% •Bid & Asked A7s (issue of Oct 1927) 1947. AMortgage Bank of Chile 6s 1931 June-Dec Mortgage Bank of Denmark 5s 1972—.June-Dec ' Shoe Corp A7s 3214 10 Auto 9% 38,100 102% 103 188 7% July * com Westmoreland 5%% stamped 1951 Mortgage Bank of Bogota— Jan 1 % 151 3% 4ft 1st pfd__100 Stationery Apr 1% 12% 1 151 —- 2% July it Jan 7s Bonds Friday's or Sale Price Low 2714 July 20 White's Jan 26% Coal Whirlpool 110 May 26% Westmoreland Weyenberg 105 10 Jan 10,500 40a Ry 7% & 7% 7% Utilities 4.40% Tablet Jun 2% 1 Manufacturing Western Maryland Western 5Vb 21% common Leaseholds 1,900 20% preference.! Texas 3% Mar 1 Baking Co warrants Wasatch Corp Webb & Knapp Inc series Jan 20% Inc Co 2% 5% i 1,200 109% 109% 1 Tiernan 3% 5% Week's Range Last Period High 30 Ward $6 3% 100 preferred Watch 3% Interest American Stock Exchange AMedellin Co Baking Wagner 1G BONDS Range Since Jan. 1 w Aircraft JULY Friday Shares Par Waco ENDED for Week Sale Price Exchange FOR Sales Last Total —f~ The Commercial and Financial Chronicle... 36 Monday, July 19, 1954 (280) OUT-OF-TOWN MARKETS WEEK FOR RANGE JULY ENDED 16 Boston Stock Last stocks Sale Price Tel Tel & Woolen Anaconda Copper Boston Boston Calumet _ East Boston Co * — (new) 6% cum common Stores Electric Gillette Inc Lines National General adj prefererd SS Eastern ... (new) .... Co (The) — j—100 —100 • .... * 5 1 __ — — 10 100 ...—._ Maine Central RR common N Y — 100 preferred Mathieson Chemical New Norbute Corporation '128 100 __ — Stone & Webster Inc__ Jan 105% May 1 Mar 22% 24% United Fruit Co— U S Rubber Co Inc Westinghouse Electric Corp __ 70 55 30 38% Jun 48% 45% Jan 4"% Jun 9% 29% Jan 46 Jan 23 40 110 Apr 37% Feb 122 Baldwin 49% Brewing Burger Jan 22% Mar 25 75c 1,453 427 23% 1 % Apr Apr Preferred 18% Mililng Cincinnati Telephone Apr 1 100 6 Jun 7 80 Cincinnati Tobacco Warehouse Cincinnati 25 28% 27 33 July AMen Jan Altes Jan 4,170 43% Jun 53% Apr 2,557 36"% Jan 46 135 29% Jan 37% July 75% Jan 50 Mar 13 11% May 10 1,047 July Jun Kroger Roller Bower Bearing Corp Corp S U Apr 32% Jan 22% 100 21 3/4 May 223/4 Mar 300 17% 21% Jan 6 967/e Jan 47% Jan 693/4 Jan 69% 97 76% 77% 1,313 27 20 773/a July 15 Apr 86% 86% 86% 12 863/4 July 98 22 22% 123 18% 22% Jun 36% 36% 36% 310; 35% Mar 38 Jan 50% 51 143 47% May 59 Feb 29% 29% 12 27% May 30 Mar 46% 48% 218 93 93 6 93 July 85% 87 %i 1,102 68 Feb 87% 23 23 60 20 Jan 23 July 14% 15 175 12% Jan 15 Jun 65% 65% 50 60 Jan 32 32 20 29 Mar 49% 49% 48% * 85% 10 —— ' * Printing common 50 Preference —. 125 483/a Mar 1 10 American Telephone & Telegraph—100 American Tobacco Co 25 Anaconda Mining —50 Armco Steel 10 Ashland Oil ; 1 Avco Manufacturing 3 B & O RR Co 100 Masco Mt Col Ohio 30% Jan 34 Jan Dayton Power & Light— 12 12 12% 243 11% Jun 4% 4% 4% 120 24% 24% 99 19 72 72 50 91% Jan 50% May Jan 24 % Jan 36% Feb 25 56 Jan 66 Jun 50 78% Jan 34 129 27% Jan 35% S 36% 165 91% 63% 94% Vinco Wayne 106% May 14% 274 12% Jan 31% 34 27% Jan 11% 230 40% 41% 125 37% Apr 41% 43% 44% 80 40 Jun -5 common 24 106 Jan 61% 61% 61% 10 47 Jan 62 45% 44% 45% 48 39% Jun 45% General EHectric (new) —5 44% 44 46% 608 38% May 48% Los 79% 78% 80 % 553 59 % Jan 80 % 11% 50 11% Jun 14% 12% 5% 5% 31% 32% 203 28% Admiral Aeco __ ff- 19% p 12 |. 5% 1% 85% 85% 115 80% Jun 57 58 % 94 52% July 59% Inc 16% 16% 20 13% Feb 16% July American (Glen L) 24% 26% 152 22% Jun 26% July American Martin 26% Co National New York Ohio Pan 25 57 % Jun 68% July American 28 58% Jan 82 American 19% 53 17 54% 54% 50 47% 22% 21 22% 100 19% Jan 25% Feb 43% Central 43% 43% 10 38% Jun 43% ^jun American 3 July Jan American 3 Petroleum 13% 13% 13% 10 50 .33 %c Pepsi-Cola 16% 16 16% 14% 140 Radio 14% Reynolds 25% Feb American Jun 54% July 'American Jan 15% Mar 13% Jan 4 (R J) Tobacco Co. see page 45. .10 American 13% July 18 American Feb 70 60 July 56% 43 48 Jan 64% Mar 31% 50 22% Jan 32% July 57 47% 60 Jun 37% Jun 59% 60 35% 34% 35% 220 Jan 33% July 63% 1 —* * Apr 31% July 16% Jan 39% July 2% Jan July 2 ,13% Apr 11% Feb 15% Jan 20% May 56% Feb 65% July 23% Mar 108 May 25% May 110 Apr 9% Mar 8% Jan 6 Jan 8% Feb 14 28% Jan 32% July 1% Mar 8% Jun 24 May 10 Apr 3% Feb 23 % Jan 6% Mar Jun 2 May 10% Jan 26 % Jan 10% Mar 4% Jan July 26 3% Apr 2% Jan 23% Jan 28% July 3% May 4% Jan 4% Mar 3% Jun 59 % Jan 2% Jan 2% Feb 6% Mar 7% Jun 1% Jun 2% Feb 3% Feb 4 Jan July 80 Feb 12% Mar 15% 14% Jan 15% May 4% Jun Feb 6% Mar 2% July 3 1% 1% May Jun 30 J/4 July Jan 34 1% July 2% Jan 2% Jun 3 Jan 18% Jan 3% Apr •4% July 3% Jan 4% July July 3 23% Jun 4% Jun 30% Jun 37% Jan 3% Feb ...5% July 11% Apr Jan 6 1% Jan 15% Jan 7% Mar 1% Mar May 9 Jan 10 19 Jan 22% Jun Jan 4% July 13% Jan 15% Mar 15% Jan 19% July 2% 11% May 5% July 4% Jun Mar 15 1% Mar 13% Mar 5% July 5% Mar Mar 15 1% Jan Can Co Tel Co 100.. 25 25 (Un) Viscose Corp (Un) (Un)—50 Armco Steel (Un) 10 Armour & Co (111) (Un) 5 Ashland Oil Refining (Un) 1 Atchison Topeka & Santa Fe (Un)__50 Atlantic Refining (Un) lQ Jun Avco Manufacturing Corp (Un) 3 43c Jan 4 1 High 22 % July 72 %c Feb 4% 306 Jun 5% Jan 85 78% Mar 94% Jun 60V2 1,550 47% Mar 60% July 11% May 14% July 59% 14 270 14 17% 17% 56% * 17% July 557 15% Apr 135 37 Jan 49 538 43% Mar 10% 10% 150 11 % 11 % 355 12 May 14 a50% a52% 285 35 Mar 43% 18% 18% 2,255 13% Jan 18% July 27% 37% 148 28% Feb 37% July 2,014 156% Jan 170% July 57 1,014 55% .Jun a35% a36% — 109 31% May 37 39% 620 30% 40 34 a45% a47% 49 56% 39% " 9% Feb Jan I. Jan 43% May July 49 11% July May Apr Jan 65 . Jan July 49% July 10% Feb 49% 446 9% 10 486 12% 12% 585 12 Jan all6% all9 251 95% Jan 113 % July a33 a33% 125 27% Jan 35% May 5% 1,161 49% ;.-i° — i 3,300 Jun 169% 170% __ 4" & 22% 4% 60% (Un)__ Tobacco Low 19% a90% a93% — Tel Range Since Jan. High 735 22% Thea Para Sales Shares 67%c 72%c 4%. Anaconda Copper Mining Co 16% Mar 60% 55% 59% Steel For footnotes May 31% 55% Corp Republic 50 9% July 60 . Oil Pure 500 1 Air Pennsylvania RR Phillips 3 Apr 27% July for Week of Prices Low 1 (Un)_i __12% I" a47 Cyanamid Co (Un) 10 I' & Foreign Power (Un)__ * Motors Corp 5 Potash & Chemical class B_*^ 452% 'Amm Radiator & S8 (Un) • Smelting & Ref (Un) ♦. Broadcasting 82 Motors Amer Amer 19 Edison Packard ~ Jun 67% Lead Dye (Un) & Mfg (Un) American Airlines Inc (Un) 80% Distillers National 24 2,450 Range 1 Allis-Chalmers 67% Ward & Co— National Cash Register Montgomery Week's Price 10c Pictures Chemical Liggett & Myers Tobacco Co Copper 140 1% #- Par Corp Artists Loew's Kennecott 140 5% 15 15 Last Com Allied 32% July 85% July Jan Jan Jun 21 Angeles Stock Exchange • Allied 33% 8 200 ffe £ale Feb International Harvester 525 1,475 275 619 1,420 250 100 490 tf'Friday July 11% ._3 . 4% Mar 4 % Apr 1,700 STOCKS Jun 5 General Motors 423 100 7,982 913 2,150 1% #15 1 f;:, 1% Jun Greyhound Corp 4% 4% 3% 32% 5% 11% j 7% 5% 11% 7 Jun -5 Co 250 900 2,462 292 435 450 10 • 19% 4% 15% 19 % 12% Jun .10 Kodak 200 449 130 3 32 1 Screw Jun Federated Department Stores Eastman 200 4% 4% l.|i: __J : 11% July 143% 3% 13% 15 4% 2% _ Jun Jan 6% 300 1,039 500 1% 1 Co 44% July 137% 138% 43% 616 500 1,200 2,131 2% 3 Jun 10% 8% Mar 1,500 525 1,925 10 19% 4% 15% 19 % 1 1 common Corporation Walker & y 200 1% 10 Manufacturing Radiator " . % 10 5 fLi 19% 1 A?r 47/a . 14% May 31% July 35% 31% 11% U .300 404 238; 2% 1% 1% 30% 33% 1% 1% 2% 2"% 22% 23% ->■-r 7 2 3% 13% 14"% 4% 5 Paper Udylite Corp Jun 33% Sheller 2% 7 2 • 2 W) Spring Dillon Scotten li£: 7 5#'..1 K. ' 7% Co Manufacturing Rudy July 27% (H B) 80 2% <2% . —5 Pont 4% 3% 80 3 Products Metal Raisin Rockwell July 72 26 3% 28% 4% 37/a 3% • 1 ,%v,k5% Brewing f Fred River 14% Apr 5% Mar 23% May 30 27 63% 35% -.7 Chemical 3% 25% — * —— Rickel 49% July 14 Curtiss-Wright du 10 > — fel'v— ; Car Prophet 40% July 332 __5 Elec 10 520 1% 8% 25% 1 __1 common Davis Pfeiffer Jan 55 246 49% 33% -1 Dow 65% 130 40% Gas S July 56% Products & 8% 1% 10 fe.:' 30% 1 i.::y 1% ________ 1 f-/v— 10 Iv;. 23 Welding Electric Peninsular 171% July 49% Metal Clemens Packard Motor 49% July Jan 100 11,273 25% 1 w'- Corporation National 14% July Mar 44 39% .25 .10 11% May 155% 55% 27 .25 Cities Service Columbia 59 304 749 32% — —1 f&! —1 — Products U Screw Murray Apr 49% — Chesapeake & Ohio Chrysler Corp City 49% ' 16 S) Stamping Lansing July 39% * Pacific Canadian 14% 46% Cyanamid Bethlehem Steel 30 14% 168% 171 % Airlines Amer 6% 13% f\>— 2 10 &/'•. 2% M/14% _________ Kresge Co Jun 50 Bearing & Kingston Products Kinsel Drug Parke American 6 13% 1 phemical Ironite Inc Stocks— Unlisted 8% 32% 6 — 1 ___ 20 109 8% '& 32% i#"_- 1 Manufacturing Hoskins 653/4 July 32 20% 64 25% 25 % — 1 1 5 Oil & Ball Hoover 94% Mar ' 50o 354 1,381 663 782 109 ._ 10 Manufacturing Hastings 48% July Jun 417/8 2% 13% 62% __ Jy';— —1 —1 L— V175 100 20 / .• Brewing Brewing Lakes Great Jan 39% . . High i-ow , 100 2% Mar Goebel , 13% fL; Mogul 31% 39% • 5 20 Corporation - . •£." Products Gerity-Michigan Cofr> Jan 4% Feb Jan * Card Playing ~i-_'• ... May . 21 % — May 75 33 25% May Range Since Jan. 1 Shares 21% .31% _____—____—1-M., 3% Freuhauf Trailer ; —_______ 1 -VGar Wood Industrie's 1 fey. 4% Gemmer Manufacturing 5 3% General Motors 5 80 1033/4 Mar , High Low t 150 Navigation Steel Federal Sales for Week Week's Range 200 585 Bros Frankenmuth Apr 13 — M * 7%, Economy Baler Apr 80 50 B . Gray Iron ___________ Steel Corp Divco July 1,134 : Gamble Motors Detroit 32% July 27 2-5525 3% 4% 1 pfd $4.50 Detroit 14% Mar 21% 99% — S Detroit Apr 93/4 250 15 10 Rapid U 237/a May 502 99% — class Randall 21 223 14 46 ' Exchange 7% Edison Detroit 22% 23% i Jan 63 Exchange Stock of Prices — 10 " 1 Paper Power Detroit & Cleveland High Low Jan Kv gtd & Davidson Range Since Jan. 1 Feb * Stock WOodward — Sales 4% Jun & Co. American - * 1 .___* 5 25 Company Continental High 4% Mar 54 $2,000 —5 5 Brass Briggs Manufacturing Brown-McLaren Mfg Budd Consumers * — MI Procter 56 3% 4 —__ Bear Markets Bohn Aluminum & Burroughs 15 • Little 45% Jan 1 1 Big 327/a — Manufacturing 75% Apr 1 Brewing 13% 15 , Gibson Art Hobart Jan 40% Last Electric 28% Feb 4 — Co 50% 107 July DETROIT Par 23% July 20% ■ * "ockyards 52 45 % ^Friday 11% May 100 preferred Eagle Picher Dow 72% 43% Sale Price 355 75 ' 52% July Detroit Stock Exchange 1,127 1,098 —' Jan STOCKS July 23% -12% Transi^. Cincinnati Union Formica — ' 39% 20% May 18% Apr 21 % Jan 207 20% 77% • 454 > Mar Shares 69% 50 52% Telephone: Feb 15% Mar 23% 25 37% July 51% Midwest Feb 92c 46 —10 Machine' Cincinnati 89 Jan July 100 99% — Feb 29% — Building 45% July 19% Paper common Cincinnati Gas Electric common—.78.50 Jan 70% 15 31% Mar 1,465 22% Champion 12% 138 16% 128% July 115 283 46 —10 Carey 16 % July 66 89 14% 15% July 22% 22% 21% Jun Exchange Jun Jan 13% 31% — — * 14% May Exchange July 220 3,167 13 1 85 56 1 Ford May _ _ 17% July 18 22% —20 Machine American Laundry Balcrank 42% May 70 Stock Detroit for Week Low 32% Mar 43% ...— Stock York New Jan 17 Range Par Jun 255 Members 85% July Jan 80 Week's Jun 90% 38 Watling, Lerchen Jan 14% May 64% of Prices Last 83% Jan 52 1998 4%s Jun Cincinnati Stock Exchange Friday 34% May Jan 71% 37% 64 % July Consolidated Sale Price Jan 72% 300 87 10 55 % July Chrysler STOCKS 28% 100 87% Jan 237 72% 20 77% Apr Jan Mar 49 20 37% 11% 34% ."'July Feb 24 18% 40 46 44 Feb 417 12% 50% 11% 70 Mar 240 27 37 __ 1% Mar 17% Jan 3,194 33 24% — Jan 76c 236 16% 18% July Jun 17% 12% (F W) Transit 44% Jan 41% , — — Westinghouse Cincinnati Jan 15% 70 37% 5 _——__50c Co 10 Steel__ 35% 44 BONDS 10% 44 1,150 45% 48% 43% S 140 18% 44 1% Mar July 10 46 22 49% 46 U Apr 25 5 14% 85% 26% — 5 • 25 5 • 12.50 i400 64% 33 24% 12% __ —* United Shoe Machinery common System — 1% 41% July Jan Apr 43% 37% 17% Edison Rubber 44% May 86 Union Carbide U S 29 Jan 77 86 : 37% ..... Woolworth 11 6% 6% 19% 19% — ... ——__1 Stop & Shop— Torrington Co Union Twist Drill Co Waldorf 79 1% 55 27 23 % 55% 46% 15% 16% _* 2.50 * • Co Inc Association Shawmut Toledo 1 36% * 50 RR Folding Machine Drug July 9% July 44 47% 15% 125% 128 % 27% 27% 1% 1% 15% 2.50 — Mills Reece July 34 Jan 25 46% 14% __ 20 100 Pennsylvania Rexall 8 Jan 124 121% 122 __ 5 Corp England Electric System England Tel & Tel N H & Hartford RR Pacific May 7% 5 Jun 34 % 34% ^ 77 ——15 10 (Ohio) Oil 26% 8% July 14% Standard 30 105 100 44% 22 — 54% July 225 646 84% 50c Copper — Lone Star Cement Corp Jun 26% 50 43% * * __ High July 40 17% 25 Pacific Brands Standard Standard Oil (Indiana) Standard Oil (N J) Low 29 41% 42% 40% 15 co Studebaker 1 5 — 132% Jan 49 8% 43% 61% 44% Kennecott New Jun 1,469 39% 55 27 22% 54% — 1 Hathaway Bakeries Island Creek Coal Co 5% 121% 1% — _100 — 1st pfd class A— cum 40% July 1 10 ___ Common 6% 171% July 23% July Jan 8% 10 —; Jan 29% 105 1% 39% Jan 15% 295 Massachusetts Street Ry— Eastern First 1% __ Southern 155% 541 3,430 Fuel Associates— Eastern Gas & Common -25 • ——— Co Range __ ——10 Co Co Mining Copper _5 Hecla & Service Cities 54% 25 & Maine (new when issued)_100 Personal Prop Trust • Boston Edison Soutnern Range Since Jan. 1 High 40% — * -— Vacuum Socony Jan 18% Shares 28% 5 Regis Paper Sinclair High Low 10% July' 257 39% 40% 129 130 53% 54% 7% 8 34 34 9% 9% 94% 95% __ Range Since Jan. 1 High 10% 11% 168% 171% 20% 23% 10% 170% 100 Albany RR- Boston & Cliff 5 100 * 50 Corp Motors American American St for Week Low Par for Week Shares of Prices Low Range of Prices Last Sale Price Sales Range Par American Exchange Week's Friday Sales Week's Friday stocks £118 •^5% 4% 8% Apr 4% Mar 14% 5% Apr Apr " Number 5343 :->\TrheComm ercialand Financial Chronicle Volume ISO (281) 37 OUT-OF-TOWN MARKETS RANGE Friday STOCKS Week's of Prices ' Sale Price - Shares Par Baldwin-Lima-Hamilton Baltimore Baudini Ohio He Petroleum Bankllne Barker Oil Oil Bendix -—10 -Aviation !- Benguftt Cons liethiehem l.— (Un); Steel Black Bolsa Chica ''Bond Mining -__11 (Xrhl Storesr Inc "Borden Company i„ L_ — (Unj -..L.:.— 15 (Budd Jackson California • :J 1 Co Tractor Corp ' Certain-teed ' (Un)_ " r 15 Oil 1 Commonwealth Cons '•' Chollar Edison Gould Consolidated Consolidated Foods Consumers Power Continental Continental Crown Co Oil Zellerbach Cudahy Curtis Packing Pub (Uni Class Decca A Douglas Douglas Dow 1 (Un) of I) (E Eastern Air class A de Lines Inc (Un) Paso Gas Bond Electric Electrical Exeter Radio Oil Flying General General 2nd Inc Telephone Co Jan 100 10% 10 Grumman Gulf, Gulf 5% 1,200 5 July a421/4 a43% 200 34 Jan 20 y2 Jan 9% Jan 30% 30% 12% Hancock OH 360 267 a40y4 a40% (Un) Foods Interlake 9% May July 10% July 12% July 1.05 1.15 14V2 14% 300 6 % 6% 310 14% 6 'a , a46 % a 46% 110 20 Jan 23% May 247 24% Jan 33 51% 52 806 47 44% 46 1,512 72% 72Va 80% Intex 5 al7 ■ — a — al7 30 32% a32% 53 34% 34% 2.25 a34% a35 % _50c 42c 42c 4% • 4% ♦ 70 Jones He Jan 25% Apr Jan 34% Feb 60c Jan 300 4 203 Jan 55% 200 5% July 70 349 12% 440 11% a28 a 28 Jun July 30 Jun 100 23% 30 % 27% Mar 32% 1 27% 860 85 19% 1914 1,000 1,000 a49 a49% 6c Jan -i a32% • * 24% 27% July Tree Jan 20 Va Jup 120 a a— 87'/2c July 50 14% May 28% Jan 32% 3c 470 1.20 16 32% a76%' 37% Feb 38"% 57% Jan 72 20 19 y4 20 1,085 8y4 •8% 1,509 8ya Mar 10% 14c . 14c 1,000 6c 21c 24% 25 2,512 20 y4 r 14% Jan 20 Laughlin Steel (Un)_; 10 25 July Aluminum Kaiser Motors Kansas Power & Jan 25 County com. (Un)_. :_8% (Un) Land 2.50 (Un) Oil 100 15 84% 84% 466 43 44 1,156 a2% 43 a2% 54 a25 % a25% 35 9% 9% 9% 280 10c 1.10 1.10 1.15 7,800 26% . " 2 Jan , 35 Jan 19 % 66% Jan 84 % July 40 Jan 48% May 8% 27 9% Apr (P) Co (Un) 70c Feb 35% Feb 34% 36% 1,740 26% Jan 16 Va 16 16% 675 13% Jan 22% 22% 22% 537 21% Jun Martin Co (Glenn Mathieson McKesson Menasco Merck . L) ^^1 Co Robbins Mfg Co & Co (Un) 1 Inc 47 V* ■ 1 .For footnotes see 1 1 (Un)___ Utilities al9% al9%. 26 5 18 P^trol^um South al9'/2 (Un)__ Chemical & Mprrh:int«: Middle (Un)_, 16%c (Un) page * 45, 93 West 26 26 Va 619 47 % 47% 374 a42% a42% 55 17% Jan 26 Va 4% 4% 4 % 3,680 2% Jan 1.85 1.95 1,300 1.35 Jan 19% 205 32 Ve a32% 25 al8% a a 18 + 60% 628 48% Jan 60 % 1,612 15 % 23 4% July Apr Zenith Radio Union Oil Apr Jan a51% a52% 287 49 al9% al9% 139 19% July 59% May 21% May 23 308 15 24 a447/a a46% 370 38% 23 Jan Jan Jan 22 % Mar 14^. May 1 2% 2% 2% 600 lft Feb al9% al8V2 al9% __ Jun 46% July 27% May 24% Mar 445 29% July 15% Apr 2ft Jun 155 17-.. Jun 21% 28% 700 24% Jan a65% a66% 419 58 28% July 65% July 27 % a66% a7 a7 10 10 300 a44% a447/a 100 — — a24 50 &24 a24% Mar 7% Jun 6 9% Jan 47- Jun 90 Feb Jan 10% July 48% May Jun Apr 19% 21% 1,024 com__25 44% 44% 44% 2,722 26% — • * • 17% May 38% Jan , •4; 21% July 44% July 26% -•207 25% Jan 27 38 38 137 32% Jan 35% — 35 Va 173 33 Jan 32% Jan 38 July 35% July 35 July 14% Mar — _25 — — May a35 a35 40 10% 10% 10% 1,445 18 17% 18 908 15% Jan 43% 43 44% 1,654 38% Jan 46 Mar a58% a58% 20 40% Jan 57 July — 1 a65% a66Va — • a35% 60 % 25 77% 135 77% July 262 78% Feb 89 May 748 35% Jan 42 May 280 22% Jan 561 14% May 27% May 22% Jan 37% 26% 17% 17"% 18% 19 47% 172 40 a66% 40 1,007 58% 41 89% 19 17% 150 13% Jan 17% July 33% 34% 812 25% Feb 34% 7% 7% 1,300 5% Apr 21% — 22% 2,153 15% Jan 6% 200 6% 23 % July 4% 8 6% July Jan al7 90 16 Jan 16 21% 1,311 18% Apr 22% Mar a86% a89% 91 72% Jan 44% 43Vs 45% 15,332 38% al38% al40 40 112% Jan 24% 24% 300 a63% a64% 219 — 5 Power-- (Un) Co —, (Un) (Un) * 30 Apr 199 55% Jun 59 59 108 50 a__ 65 14 a32 15 27% al4% al4% al4% 30 — (Un)._ __ 1 __ * a47% loe * 8% _. 17 9% Jan 43 315 36% May 43 195 50% Jan 74% 18c 4,400 14c 16c Apr 9 Jan Apr a8% 310 40% 24% 24% 125 23% Mar 70 14,000 a71a72% 30 106 110% $52,000 Jun 31c Jun 44% 5c Jun July Jun 44% 5c Jan 8% 100 a46% a47% Jun 29% May Feb a72 < 1 15% 43 v July a__ — Mar a8% * 10 59 46% Mar a69% — a70% 10c 110 alO% al0% __ 10 12% Jun 52% July 67% Apr 14% May a32 Jun 35% Jan 39% a32 4 5% July 6% Jun 1,949 - Co 30% May 6 al6% al6% — Jan ,25 July 60% May 52% 56% -4 — , 1 (Un) (Un) 138 Apr 50% May 118 5% July 28 Jan a27% a27% * * 5 34 74% 21% May 48% Jan .'51% 5(>% — 52% 10 (Un) 24 a5% a6 a36% a37% 6 • (Un) 100 a30% a30% — —5 Oil 5% 5% __ Jan 1 Jan al38% a86% 1 Jun Jun 22 Vb July 21 — 10 Apr al7 — 50 Telegraph Corp 72% May 89% Jan Jan 392 25 America Mining Jan July 19 7% 1 Apr 47% July 40 common Chemical W) 20% Feb Jan • Corp Elec Jan 43% (Un) (Un) of 81% May 17% — 10 64% May 19 — 1 16% \ 32 75 a98% a99% — 1 1,817 a66% a67% — 1 Film . 47% __ 1 (Un) Jun Apr Jan Jan 26% 18% • 60% 34 Jan 28% 7.50 10 July 52% 77% — 1 43% 18 182 62% 37% — 1 Jan a85% a87% 37% • 8 1,374 60% a85% 10 18 a343/a a35Va — 15 Corp (Uni Youngstown Sheet & Tube (Un) Gold Apr 80c May 21% common York Zenda Jan 33 1,300 • Lines. (F Jun 7% 39% 3 Company Inc (Un) Woolworth 25% 296 (Un) Kentucky Coal Air May 70c 436 75c July 6% July 34% July 26% Jan 140 535 a32% a33% July 5% July Apr Co Pictures Union . 34% 36 % 28% (Un) Com Bros 24 6% 34% 19% July 5 Williston Basin Oil Exploration " 1.85 Apr 3,773 —.5 Consolidated Western July 47% May 42% Feb May Co Westinghouse 17% Mar 38 % Mar 39 Jan 3% 44% Radiator Western 16% July 25% Jan 17% Mar Corp Rubber Wilson & Magnavox 22% 275 "r 15% (Un)— Washington" Water 40% May 36% Mar 10 Jan 220 5% Feb •45% (Un) (Del) Gas Vanadium 1.15 July 250 36 y4 S Lines States Warner Jan a38% a38% a39% 14% 36% 8% Jan (Un) Virginia-Carolina May 1 Corp 155 29% 25- Calif RR Corp Universal Jun ♦ (Un) Aircraft Co of United States Steel Feb Jan Ltd com Aircraft Corp U Jan 20 415 Jan Co_ Air United Apr 18% Oil July 11 Jan (Un) Carbide & Carbon United May 2% 2% 11 al9% al9% — Pacific 6% Mar 8 32% July 12% July 35% (Un) Corp United Jan Jun 2% July Jan 26V4 2 United July Apr * Co Inc Lorillard 199 2 —7 Petroleum Lockhperj ; a21% a21% * 1 Libby, McNeill & Llbby Lion 2 33y3c Lane-Wells Co Loew's a37% a38% • Co Kropp Forge Co—— Lincoln 1 1 Light Kennecott Copper Kern Chemical Corp & Feb 34% Corp United > Kaiser Jan 4% 22% 20% (Un) Oil Coal Union Jun 10c 3 300 1,024 .July . 685 (Un) Century-Fox Union Feb 160 ' :. Union Jan 10 &15Ve a76% 8% . Twentieth Jan 50 8 32% 9 840 (Un) Products Truax-Traer a6%* 8 Feb a42% a42% -7y2 33 %c Co Mar Apr 547/a July 64 % May 15% Warrants 11c Jan Sweet 57% July 43% (Un) Tri-Continental 13% Transamerica 240 9 41% Airlines Jan Jun 100 a World 1.15 74% 5,000 a31% Trans May a55% a56Va 66% May Feb __ 25 Assoc Mar 44% 41 (Un) (Un) Prod Company 90c 419 41% (Un) Gulf Sulphur Tidewater 200 Feb 41% (Un) Inc Electric 66 8c al47/e al4%\ Jun 34% May Jan 26% 29% (Un) (N J) Texas Feb 27 Jan 87%c 87 %c "j Co Feb 56% 9 __ • Corporation Oil & 28% 15% Calif (Ohio) Webster Sylvania 40% July 148 140 547/a a6% Feb 36% "" 54% a447/a —25 Corporation Swift 16% Mar al9% • (Un)_ of Texas a67 6c • Co_ May 1.00 * j Jan 25 a64% _10c — 20 1,497 19% _25c —* 1,187 25% 95c 95c a64% 6% (Uxf)_J 21% - 27 * , 21 25% ,21 25% i 31 Jun 18% Jan 15 (Un) 58% May Jan a54 83% Mar 14 80c 25 Sunray Jun 46% & Jan 16 , a51% • (Un) (Indiana) Oil 76 Jun 30% July 31% Jan 6% .5 (Un) pfd— Studebaker ; Jun 185 a54 • — 5 L. Stone Mar '/< Oil Standard July 14 , Co Inc Co Standard Oil Co Feb 12% __ 1 Standard Feb 2% 29 2,050 Oil Jun • Brands Standard 33 _10 Petroleum Corporation Standard July 1% 1% 30 1 A Sperry Jan 1% Mar 2 Inc 6% Railwav May 13% July Jan " pfd— Southern 42c jan 4% 273 a58Va a60% 80c 5 Pacific 19% lu 280 a35 V4 a37J/4 a32% 25 Southern 32% 37% Mar - July 27% 10 a31% a32% — • Comnany 246 MaT 12 Jun 3 580 al5 23% • —^ Calif 600 1,400 45 16y4 al5 20c Edison Southern Apr Mar July 1 Southern 2.45 50 Apr 74 38 Jun 30% 3,470 . 10 Co 36% May Apr 7 25 13% 1 Co Calif Oas A 320 3,995 28% « 1.40 preferred class 8 a39% a40% 15 32% July a33% a33% ... 6% -'"2,390 3% 28% Mar 28% July 28% July Jan 33 38 59% —1 preferred 4.48% Southern Jun a__ — Jan Apr 2.15 30 1 „25 (Un) 34 — 17 * (Un) Harvester 70 1% — 28% 1% . -—3 class 4% 1% 70 . (Un) 47c 80% July 60% May 33% Feb a66 16V8 — 1 (Un) Corp Oil Calif ' 26% 35 (Un) n Aircraft 4.32% 72% July Jan a— 1,900 23 Feb 15% May 939 2.20 (Un) Southern Jun 59% 80 « com new July 57% 2,172 al7 2.25 com 52 48 May 38% May 320 80% 34% (Un)_ Petroleum Oil Oil . 80 22% Rubber Solar ; Jun 70 5% 1 (Un) Oil 27% 100 5% Co Socony-Vacuum May Jan 28% 36% Co Signal Oil & Gas class A— Sinclair a25 Mar 34% 100 — 2 Va class B Servomecnanisms Inc 46% July a 33% 1 International Nickel (Un)__ international Paper Co (Un) Jade Jan Inc July 32 44% July 36% Mar 332 al9% Co Finance 11 Jan 36 1 Safeway Stores Incorporated St Louis San Francisco Ry—_—i. St Regis Paper Co (Un) San Diego Gas & Electric. Sapphire Petroleums Industries Jan Jan 39% 28% 50c 5 Aeronautical 8 •28% 317/a • Jan ' a55% 5 r Apr Mar 60 28% 50c Axle 290 9 1 Corp Spring & 3% . 24% July 60% Feb . 1,020 44% — • Servel -11 Jan Jan ' Oil Shell Oil Co 10 a33 a33% a87% a88 — Sears Roebuck & Company Jun a24 20 RR Int'l Tel & Tel 38 7 16% — Gas Seaboard 14% July Jan Jan 12% * (Un) Scher.ley 1.50 Mar Feb 5.% a32 % 5 Corp Jun Jan 14 210 23 a25 Co Ohio a47 Tan 75c 8,100 al7 (Un) " Jun 9% 5 Inc International 20 41% 594 „.1 Corp__ Iron 500 Jan 280 • (Un) Imperial Development Intercoast 35% 12% —5 (Un). Central 100 10% 10 - Hunt , 10% pfd Corp.: Holly Development Illinois 26% July 60% July 12% _25 Oil 136% July 16% al4 a40% 1 Ryan 64 25 al4 > __ Richfield 30% July 12% July Jan 41% Feb 3 __ (Un) (Un) & Jan 62% '78 \_1 1 Manufacturing Rockwell Jun 5 common Hotels Honolulu 108 40% 23 1.15 Oil 38% 50 r Rice Ranch Oil Co 7% Mar 23 1 (Un) Co July 86 % July ' Pictures Steel Apr 138 i 3 1 (Un) America Drug Inc__—Reynolds (R J) Tob (Un) 10 Va Jan Preferred Hilton Jun 59 y2 May 230 11% 9% (Un) of 4,410 — * Rexall Rheem 5% 136% 136% Corp Reserve July 1,692 5% Theatres Radio Republic July 851/4 •„ RR & Corp 12 27 V2 85 V4 * Aircraft Mobile Oil Jan Pictures RKO 3Va a44 __1 (Un) Co Republic —- Jan Jan . Corp 8 26% 845 i% Greyhound a__ 10% « & He a__ 22% Co, _ Northern 50 47 y4 (Un)_— Graham-Paige Corp Great a7%' Oil '' • Mfg Co (Un) Remington Rand Inc (Un) Republic Aviation (Un) 71% May 47% July 5% Mar 5% Mar 315 (Un) of Calif common _ Feb 35 y4 182 (Un) pfd Goodyear Tire 57% 90 2,916 3 1st General Public Utilities Prior 100 424 a5% Pure 3% 36% 36% ! a87% (Un) Feb Jan 38% July , Jan 84% IT a28% a28% 13Ve 3 Raytheon . 47% a71/2 'Jun 9% Mar . Car Jan 34% July 3% Apr a58V2 Incorporated RKO ' 26% (Un) McBean Jan 66 a33 % Corn Products 8 Vb 605 60% Com Corp preferred Gladden Feb 26% (Un) Corp General 57% 64'% 5 (Un) Good Humor Co 9 12 _ Co Motors Glidden 81 a5% 1 Paint Gladding, a70 6414 a7% ' , 47% 47% 19 ; , 27% (Un) _ General, Foods Feb 60% (Un)__: Chemical Co Electric 13% 1 Line Dynamics General Feb 9 3 Phono Corp General July July 40 V2 9 1 (Robert) Garrett 14 Va Feb Jan 20 Va a28% a287/a 12.50 common— Steel ; r 33Vac JUn) 182 . a65% • 50 (Un) 20% ..28% 33%c Corp 1,291 May 28c 245 ', .; a33% (Un) Pullman May 45% July 4 & Machinery & Gair Feb 39% 10% Co Tiger 12% 50 a69% 9 (Un) Fedders-Quigan Corp Food 100 27% Products Emerson 215 12 (Un) Share & 19 41 Co Dodge 12c May —10 Natural July 14% .10c Nemours 43 (Chas) Phelps 38Va July 3, 26 May 36 • (Un) 15c 8 . 1,385 , 1 (Un) 1,000 '; 44% „ 1 Philco Corporation Phillips Petroleum Jun 225 10c Co 15c a31% a31% • Pressed 18% May 14% Jan 37% Pfizer '. a__ Jan Pennsylvania Railroad Jan 24% 11/i * 4 Pan American World (Un) Paramount Pictures (Un) Penney (J C) Co (Un) Pepsi-Cola July 19 5 Eastman Kodak Co El 826 Jan 45% 50c (Allen B) HuPont ' "■ —_ Jun : 49 ,15% Mar 12% ' 6Va 141% 1 : a— 102 2,500 * Calif 657/« July ; ; 12c 27 VB Co_! Industries DuMont 145 ' Feb Jan a45% a45% —50c Chemical Dresser 43 , JUn Jan 19% 34% ;> .*■ (Un) Feb 1% 405 ' - a6l% a61% „ 10 Oil 6% "1,000 Jan a43% a43% 1 Car Motor 525 2% 22% , 55Va •, 25 — Jan Jun 32% July 33% July 33% 25 common 25% 2.50 20 % . Jan 55% . 10 Petroleums 415 8 Jan May 21 • 35 ' 3%.; 25 Packard , 1,299 1 Inc Co " 56% 80 , 293 14% 45% 1 com 39 Va Jan 717 1 Aircraft Oil 38 y4 42% _10 (Un)_ Records 220 12c 5 Co Curtiss-Wright Corp 49 4 14'% 5 (Un) (Un)— Co May Jun fal7 al7'/4 43 1 (Un)l Jan 37 - 7% 2% 1.85 17 322 Jun 40% July . 24% 10 A— Pacific Western '36% May 26% May . 80 5% .... a26% a27% - 20 (Del) 19 y4 ■ -1% Mar '■ . Apr 340 14 y4 ...♦ (Un)— Co Jun • -' 33% 20% 25 Lighting 220 1,935 — —25 common Indemnity Co Pacific 2.10 19% 32%' 32% 1 preferred Pacific Jan , 19Via 34% * __1 class 32.- — 1 pfd red 4.80% Pacific July a . : 1,500 .1% (Un) Motors Continental I (Un) 1 34 64 _50c Corp Co Can '< al7V4 min'g-l Y (Un) ' Engineering Consolidated - 18 5% 5% '• 49 _25 : N 22% July 94% 5% Savage of Apr red 57, Jun Jan preferred 169 a43 a44% . 10 Corp Elec 6%. 67 Va July 15c 100 v Products He Jan r 1 : 5% Apr 53% 63 63y4\ ■ _• (Un) & Edison ♦ 17 1 Corp. Clay 56% __ 12 Finance 699 — . 1 Gas '.,59y2 Mar Feb 94% • • . Jan a__ 51 •- Pacific 43% May 23 66%/67% 2% • Co Co Feb Jan 33% 1 (Un) a__ 38% 20 2.10 50c (Un) 23 % May 8O5 ' —10 (Un) High Feb a__ 230 32% i Pacific Jun 12% 553 a40 28 Va 16% - 320 a23.y8 a23y4 Oil ,( 5 ^ 21% 70 >42% - 1 (Un) (Un)™_ Edison Ohio Overland 287/a July -6Va Mar 14% July 295 353/4 a393/4 (Un)___1_— 1 v a26% (On; v v 49 - .'-T-v.., ,-100 35% lo System - : Jan 50 , 150 18 Jan Co Co Ohio Jun 14"% July 23 V4 July Jan 22 y2 ;»321-. 21% ; 3% .Jun 150 . , Jun 11, 1 (Uni Pacific RR Oil Sii 1 (Un) Aircraft Oceanic Apr 9»/4 " American Northern Northrop Pacific 60 15 18 16% , 490 ... >13 Va . Jan1 22% - 150 a27% a27% .* 25 (Un)___ 350 % '3% ' 15 •" i.lv ._ .; ; a58l/4 a58%" 1 i. Colorado Fuel & Iron—____!_— Gaa '■ Mar." North Mar " 42% 20 a21% a2l% — * Co_,~_. R*nge Since Jan. 1 Lo it a23% a23% al5% al6% . 5 3 Nordon Corp North Amer Aviation Inc 83% July .12 % July 1 Diablo Shares Low * High __ 10 New Idria Mining & Chemical ,'WeW Ybrk Central RR (Un) . Apr 60"; -r 8% jan ' 10% . 13% 1 ■ 7 "• . ,-388 . a63 y» a63 V* V £!<■ a27% Ltd../.. Chrysler Corp' Cities Service' (Un) coiumma 23% 21% Clary Multlolier (' Climax Molybdenum ' Jan 28%: . 10 f ' Jan 28% (Un)__. Inc 59% % 75 Ys ; 2,402 -: -v6oo "■ 27 " 27 y8 a58% Products- —2^_____I__j_1 Foods 128 '• . * for Week of Prices ; , Sales Range 5 (Un) National Theatres July July ,*'■ 51/4 Ma* Jan 23y* 12;% Charter Clinton 13% - v "10% 15c Inc National Distillers :i0% July " (Un) (Un) National Gypsum (Un) National Supply (UnX_; 50 Jan 812 , Chesapeake He Ohio Ry Co (UH)—.25 "Chicago Corp (Un)_'„ ...1 ' Chicago Milw & St Paul pfd (Un)__.100 1 Jan" 3% 14% 25 Vought- Aircraft? Co ? 83% ,,:3% 10 Chance ' Jan 40% May 1,682- - 14%. ,. (Un)_ ' •" 550 153 - 8%T 8%' _5 Corp /(Un (J I) Co (Un)I: t'»r.erpillar 3% 10% Oil-—ill——2 Canadian Pacific. Ry Co Celanese . C_ll Carrier Case 4c 8% 2,278 Mt Jan 71% July I 11% Feb ~ . Jun 12%2,582.9% Jan :'al3.al3% rc"" ^ 135 ,,11% Mar 8%T: 10 ' J 10 11%- al3%> Jan Light Development Motorola July 1 ' a65% a69% 9' y.: io% - CP— Atlantic 3% , Jah 82 - & River Fuel Montana-Dakota Utilities (Un) Montgomery Ward & Co Inc (Un) >19% May Jun 50y« 26,400 — * Power Mississippi Feb Jan 12 Va Feb" % 720 — 50 ' V'tii".83%. —50c .1 Packing Canadian 15c •*- 10%" Mission Feb 16 13 Jan , com—_ convertible'pifcferred——Burlington Mills Corp ' (Un)„L. Byron 3%'t. a69% n * —* : 60c < 11c 47 10 ' Company.' (Un).. Budget Finance Plan 1 •'? 3.50 . Jan 67 671 .J. Minnesota ' 800 . 11% -10%. 50 i.8 195 1- 71% ; Jun .14ya ;al4y»-'ir..'ral4al4%V145 ---£.5 — a82 . 11%. 15c .v I xBorg-Warner Corp .(Un)—_1_—t Broadway-Hale Stores 60 ... Par July 25 Va July 11 a207/s a21% 10% m- • 1,625 845 l 10 f2.70 July July 3,500 * - Week's Last Sale Price High ' ' 10%. 10% a80% - __j:_5 200 ■ 11% -L-i2j_—_ Corn—i.,.:— Oil : V- -Jil% ' " ' >8% May 19 Jan 221 -T ^_10c' <Un)_- 12 .71%"V 71% _2 Corp -Airplane 12% a8i: ; * L_—. Mammoth Diamond Boeing 11% w . —50c <Un)_i Bishop Oil Coil— "Blue —5 j. Corp ! " 1 Mining-.. * 10% 16 Friday 462 2.90 .12 j.; —20c Instruments 25% "12" ——1 . . JULY STOCKS Low ' 10 2.70 2:70 ENDED Jan. 1 Range Since 1 . High ' 93/4 25 V4 1 •' - '.Low ,v "if*"' -100 common Co Beckman (Un)__ Co. Co Bros Basin ' - —13 _. KK WEEK for Week rr t FOR Sales Range Last * 40 4c 65% Jan Mar Jan 45% Jan 25% Mar . 45 % May 8c 69 Jan July 2.20 July 21% Jan 27% May 29Va Feb BONDS Debs 3%s 1972 107 106 July 110% July • Financial Chronicle... Monday, July 19, 1954 The Commercial and 38 4.J? OUT-OF-TOWN MARKETS JULY 16 FOR WEEK ENDED RANGE Midwest Stock Exchange Week's 5 Acme Steel Co 10 Adams <J D» Mfg Co_ — * Admiral Corp 1 Affiliated Gas Equip -^—l Akron Brass Mfg _——50e' Alleghany Corp (Un) 1 Allied Laboratories * AUis Chalmers Mfg 20 American Airlines (Un) —1 American Can Co 12.50 American Cyanamid Co —10 American Investment Co (111) ——-—1 American Machine & Foundry —7 Laboratories Abbott Motors Corp Rad & Stand San American Tel (Un) Mining (Un) (Un) Armour & Co (111) common Ashland Oil & Refining common Athey Products Corp Steel Corp Armco Avco Co Co Refining Atlantic Washer Automatic Inc Belden Manufacturing Co Bendix Aviation Corp Benguet Consolidated Min'g Berghoff Brewing Corp Bethlehem Steel Corp (Un) Budd _ Works— (Un) J Brothers common Brewing Corp South West Corp Central & Central __ 72 Illinois Light Co — 10 1 Chesapeake & Ohio (Un) 25 Chicago Corp common 1 Chic Milw St Paul & Pac common ♦ Chicago So. Shore & So. Bend RR_12.50 Illinois Central 35% 23 % 1074 10 74 — • 25 Chrysler Corp Cities Service 10 —1 100 —1 —5 —• 25 * 1 Co Cleveland Cliff's Iron 4%% Foods Inc common preferred Clinton ---■— Co Inc Coleman Columbia Gas System Edison Commonwealth Continental CrarwCo & Deere common Corp Motors (Un) Nav Cleveland Detroit Edison Co (Alan B)class Mont Lab Inc Eastman Paper Corp Controller Eddy Electric Emerson (Un) Kodak Co Mfg Radio & Phono (Un) & __ __ Corp Candy General Dynamics Corp Electric Co (new com) General Finance Corp common General General Foods General Corp Corp General Package Corp General Public Utilities (Un) General Telephone Corp new Gibson Refrigerator Co 5 General Motors 0 —5 com—20 1 a. Corp Bros Greif Oil class A 1 1 10 1 3 25 Organ Harnischfeger Heileman (G) Werner Hein Corp Spencer Bartlett Hlbbard Hupp Co Corp Brewing Co — Corporation 1 & Door common.-, .. Huttlg Sash —1 10 54% Feb 2% Jan 72 Feb 13% Jan 20% May Jan Apr 20% July Jan 20 Jan 2874 Jun Apr 1% Jan 1974 Jan 23% July 3% Jan 7% July 33% Mar Inland Steel 10 _1 • • • Co Indiana Steel Products Co— Co— : Co Steamship International Harvester Interlake Chemical International-Nick^ Co <Un> International Mineral 5 • & 1?% 2874 61% 28 % 29 74 3174 32% - . „ 3274' 34 -- « - - —-1 • 4374 * " ~ 1 207^ 60- 4 33% 43% 31 Jan 24% 25% 1,600 3974 39% 100 57% 57% .100 _10 25 1 50 8.75 1 15% 250 11 Jan 1574 Jun 300 19% Jan 30 8574 600 64% Feb 85% July 2% 274 1,200 2% 2% 200 774 500 7 Jan 11% 500 9% Jan 11% May Jan 17% May . 7%, 100 200 16% Feb 19% Mar 974 500 8% Apr 10 15% 1574 250 15 Jun 17% 425 89% Jan 39% 600 32% Jan 15% 150% 165 165 38% 38% 3,800 4 Jan 1,000 42 Apr 48% July 29% 30% 400 24% Jan 31% July 26% 24% 26% 2,800 46% 47 700 41% Apr 4974 July 62 69 600 51 Feb 69 ; 100 6 6 69 12 8% 12% 32% 32% 8% ~2% 2% 108 66 Jun 81% Jan Jan Jan 32% JulyX 2% ' 100 11 105% May Pan 7 Feb 100 55% Jan 70 May 43 700 38% Jan 44% 55 1,800 2474 5% July 2,900 34 % Jan 55 July 22 Apr 30 Jan 50 3 2 Apr 28 Mar 100 6874 6674 68% 1,300 43% 43% 45 % 600 1 17% Jan 20% Jan 79% Mar 24% Feb 29 Jan Jun 28 Mar Peabody 37 Jan 14% July 43 July 3874 Jan 45% July 7% Jan 29% Jan 1274 Jan 7% Jan 2574 Jan 9 % Mar 35% Apr 11% July 30% May Penn 4% Pepsi-Cola 16% May Jan 13% Jan 32% July Potter 1074 Jan 14% July Pressed 33% Jan 43% July 974 Jan 12% July Jan Jan 46% 26% July 61% Steel 400 38% Feb 54% July 33 200 28% Jan 34 374 3% 20% 22% 600 38% 34% 38% 1,500 19% 19% 19% 24% 2474 11% Pulman Jan 20 Jan 38% July 900 17% Jan 19% 24% 300 20 Jan 2774 May 11% 100 11% Jan 12 15% 1574 15% 3,000 47% 49 1,100 40% 15% 15% 30 18% 19% 43% 60% Pure Oil 49 Apr 1474 Jan 16 Feb 1,800 16% Jan 20% May 44% 900 3874 Jan 4474 July 6174 400 54% Jan 67% May 3074 100 27 Jan 30% July 30% 3 July Jan 174 July RKO Theatres Jan 44 May (Un) Raytheon Manufacturing Co Remington Rand (Un) Republic Steel Corp (Un) 11% July 974 May 574 16% Apr Jan Jan 8% July Jan 12 9 74 May Rexall 7% July Jan Jan 2% 54% 2% Jan Jun (Un) Drug July 14 Jan 53 May 4874 May 38 Jun 974 Jan 11% July 57% Feb 73 31% 28% Jun 80% July Jan 59 44 July 37 Jan 33% May May 34 Jan May 774 Jun 4% May 46 74 Jan 63% July 30 Jan 35% 53% Jan Jun 70% July 10% Mar 9% May 1% 1% Jan Bros 13% July Jan 33% 1774 100 13% Jan 20% Mar 1774 100 15% May 3% 4% 3,100 12% 1274 1,000 25 16% 16% Raisin Apr 474 July 10% May 12% July 20% Jan 26 2% 109 25 16% 15 Apr 18% Feb Jan 16 % Mar Jan 14% 15 1,100 14% 200 14% 3174 32 600 30% July 3 7 74 Feb Stockyards Public Service "A" 4074 700 31% Jan 36% 700 28 Feb 3674 July 60 6074 800 54% Jan 8 8 50 7% Roebuck class B common Serrlck Corp Shell Oil Jan Jun 41% Jan 43% Feb 55% 5674 33 30% 3374 1,200 Signode Steel 474 Sinclair Socony Oil South 2,500 2274 Jan 32% July 11% 1,400 8% Jan 12% July 19% July 19% 19 % 1974 800 14% Jan 60 59 % 60% 500 47% Feb 6% 6% 1,400 674 Jun 6% Southern 20% May 35% 2,000 33% July 2174 22% 2,000 21% July 26% 10 10 10 300 19% 1974 500 Southern Pacific Co 14 Jan 974 Jun 15 Jan Jan 60 May 5 Feb Spiegel 2,700 29% 1,200 20% Mar 29% July 25 25 400 2374 May 25% Jan 18% 19 300 15% Apr 2274 Jan 1474 Jun 15% Mar 15% 50 "l'lT 1A 200 1-h July 66% 65 % 6674 500 57% Mar 10 10 10% 200 10 July 14% Feb 45 July 50 Apr 15% 1 - 45 ' 500 20% 21% 5,440 16% Jan 21% July 40 1 15 5 40 41 % 1,600 32% Jan 44 % May 9 974 500 5% 43 43% 900 35% 24% . ' 1,050 2474 24 " 24 17% 18% 1,100 4474 1,500 36% 1,100 1 60% 6174 300 53 Jan 7674 78 700 68% Jan .15 86 85% 87% 900 72% (Un) (Ohio) .10 37% 37% 38 300 32% 9 2,400 Standard Railway Equipment —1 Stewart-Warner Corp -5 Apr Jan 44 July 3% Feb 25 Jan Apr -1 18 17% 18 • 39 39 39 Corp Sundstrand 13% Jun Jan 29% 61% July Texas Co Mar 29% July Texas Gulf Jun - 34% May 3574 43% July Thor Thor —1,000 200 Edison Co 90 Jun Jan 42 May Jan 10% Feb 22 Jan 1174 July 22 74 Jan Apr 32 Jan 3974 Jan 29% Jun Apr 28 % 28 28% 2,250 18% 1874 1,800 1674 Jan 2074 18% Feb 48% July Jan 74% May Jan 6674 July May 16% May 48% 1,100 4174 B 67% 600 57% -10 6274 6274 200 4074 14% 14% 32 „25 48% 47 65% 651 Co -5 It 19% 19% 1974 1,505 17% Jan 14% 14 % 14 % 1,200 12% Jan 19% July 14% July ' • For fmf ;pfeg see page 4? - * - * • Jan Apr 5 • Tool 8374 14% May 5 Producing Corp Toledo " . Jan May 19% Feb 974 July 1 I __25 .. (The) Power ' 9 2 64% May 1574 Jun 27% May Jan Tool (Un) Machine Oil Corp Swift & Company Jan 32% 10% ,1174 (Un) Sunbeam Apr Jan U74 Btudebaker Corp 18 2874 700 3,450 __1 41% 26 20% 2074 Corp 8unray 974 9 Container Stone 9 May .25 23°% July 45% Mar Jan 174 Jun 18% July 674 Mar % Apr 28 Jan 1,700 _ 2574 Apr 45 % Jan 9 1 Jan 9% July Jan July 15% 43% Jan Jan Apr 66 74 July 45 Standard 10 174 21 Warrants Oil Co Jan 12% 28% common Standard Oil N J 14 57 12% (Un) California May 55 (Un) Standard Oil of jun 57 29% 6 Standard Oil of Indiana 21% 22% 12% 30% May 274 Jan 10 Jan 19 55 8 Inc July Jan 874 Jan 51% May 12 July Apr 11% Jun Jan 34 % 2174 • 26% May 37 7% 35% 1 Corp Jan 8 6074 July 40% May i—50c • 1 Vacuum Oil (Un) Bend Lathe Works Co July 8 3274 10% * 12 Society Brand Clothes Inc Jan 17% 33% July Jan 3174 32 2.50 10 Strapping Co Feb 22% 64% May 2874 Jan 100 8 8 Jan 974 100 55 %~ 7.50 Co 16 Jan 10% 54% 9 ^4. 400 —1 .' Co & 18% 3% May 67% May 1 Jun 7% May 500 874 54 5 10 —1.40 Regis Paper Sears Feb 40 36 • Co Sangamo Electric Co Schenley Industries (Un) Schwitzer-Cummins Co Scurry Rainbow Oil Ltd St Jun July 36 % • Axle 13% 23 16% 41 40% 1 • 5 50c Co National Louis 8t Louis Jun 1,100 14% Paper Rockwell Spring & St Jun Mar 19 5 5 Tobacco class B (R J) 15 46 Jan 27% Jan 45% May 12 Reynolds River (Un) Corp of America Richman 6% 38% 934 200 17% 5 3474 15 74 3,700 17% 3 • 1 1 * * 12774 Jun 8,800 1374 32% Jun Corp 4% 3 74 12% 32% 1374 3 14% Quaker Oats Co Radio Jan Jan 31% (Un) Co Apr 15% July 13% Jan 49 60% Feb 26 1874 14% (Un) Company 474 May 3% Mar 200 Jun 1 12.50 Co Car Jan 1,400 13% (The) Co 2074 19% 33% 2.50 (Chas) & Co Phelps Dodge Corp (Un) Philco Corp (Un) Phillips Petroleum Co Pfizer 7% 20% July 22% 3374c Corp Circle Perfect Jan 6% Jun 17% Mar 300 33% _10 50 RR Co (Un)_ Pennsylvania 4574 July 53% * —5 25 Coal Co common prior preferred Controls Inc class A cony 28% 22% Jun 5% 68% July Jan 18% 1 2 (Un) class A — Jan Jan 52% 10 Pictures Paramount Parker Pen Co 33% 31 2074 . Patterson-Sargent Co 24% Jun 3% Mar 56 74 750 5 4% 2074 Jun 150 2874 . 274- 72% Feb 14% May 67% 6 3 2874 * Motor Car Packard 3% Feb Jun 49: 54 * Electric 10% 27 Jun Feb Juljk 550 42% 50c Oklahoma Gas & Feb July 8% July Apr 24 10 Co < 12% 650 11% 5% 4274 25 (Un) 26% July Jan 67% ~6 * Co 17 ; 200 .. 3 11% , Co Co 6% Jun 674 48% 30% • 1 5 * 4 1 * 1 10 1 * • Prod Jan 41% May 47% 6% 10 L Jan July 165 48 % 374 Oil Feb 17% 1 Shoe Co Edison 7% 18% (Un)_. • American World Airways (Un)—1 Ohio Jan 9% 19% Ohio Mar 3 17% • Co Manufacturing Feb 12 Feb 2% May 18% 1 12 * 10 Oak 12% 3% 15% 3 Bush July 274 July 11% • Bancorporation Northwest Jan 30 2% 5 5 National Standard Co 10 National Tile & Mfg 1 New York Central RR (Un) 1 North American Aviation (Un) 1 North American Car Corp — 10 North American Co (Un) 10 Northern Illinois Corp * Northern States Power (Minn) com—5 Nunn 58% July 18% 21% July 84% 1 — Distillers Jan 15 7 class B Lead July Jan 47 10 * National Cylinder Gas National 40 26% 5 4 Chemical Co common National Apr May 29% • common Mfg 28 42 20% Jan 100 2174 21% 21% 1 Muter Company 27% May 5674 < , Co $3.50 preference Jun July 102 500 300 450 500 1,400 850 2,100 600 100 12 2874 ". 25 1 3374 c Montgomery Ward & Jan 10% 10 % ' Illinois Brick 200 36% Feb 19 2,700 300 4,800 1,350 200 200 274/ Jan 2774 July 200 2474 2 % Mar 4474 July 1,700 800 2% 24% 3% Jan 550 100 474 27 2374 23 74 9 74 44 . Apr Jan 900 55 __ 22% July 38% 3,200 300 1,900 44 Jun 23 % 900 374 26% 2174 23% 974 44 27% Motorola Inc Apr 16% 200 53% 33% July 27% — 15% July 300 400 427 23 2374 * July Jan 174 July 53% t 25 Corp Apr 3 % May 10 Jan Mississippi River Fuel Portland Cement Manufacturing Co Monroe 1674 62 35% 29% $1 prior preferred Minneapolis Brewing Co Minnesota Min & Mfg Jun 85% 7,800 'l,45o ,900 1% 1474 15 2674 2674 19% 19% 12 12% 10% 10% Apr Jan 600 152 200 3,700 100 200 1% 12% 3 Hallicrafters Co Hammond — 18 Jan % 7074 10 • • Dredge & Dock Cooperage Greyhound Corp (Un) Grlesedieck Western Brewery Gulf —, 1 Stores Drug Great Lakes 35% 70 • Co -62 34% 69% — * • Goodyear Tire & Rubber Gossard (W Hi Co, Gray 6 74 • Glidden Co Graham-Paige — 1 (The) CO (Un) Gillette . 34 Jan July 72 21% 52 2% 12% 52 600 Missouri 400 300 7974 Jan 11% 51% 274 12 5174 44 1174 7174 7874 4074 32% 34 6 74 3374 Modine 500 200 17 100 600 1174 72% 80% 4 1 74 34 34% 6 74 Jan 15% . 7% — July 1 4% Jan Feb 600 500 46% 82 Jun 10% 774 44% Jan 1174 7% __ July 25 Apr 2,250 2,310 — 174 Mar Jan 60% 874 1174 32 10 Metropolitan Brick Inc Mickelberry's Food Products Middle South Utilities Miller 8c Hart Inc common 12% 1 00 274 Jun 174 May 1 574 __ 53 Jan 50 874 11 1 5 3 5 1 * Corp General Box 10% Jun 75% 1574 774 11 __ 3374 Marquette Cement Mfg Marshall Field 8c Co Martin (Glenn L) Co (Un) Mathleson Chemical Corp Medusa Portland Cement 24% 4,300 300 300 400 8,800 2674 2674 6074 6074 173 174 43% 4374 11% 1174 6074 12% July • __ Lindsay Chemical Co common Lion Oil Co .' Feb 1,050 — May 36 4% Jan 16 550 2,200 4374 1274 10% Jan Sessions Co & & 11%; Jun 14% 1,600 Extension University Co (Un) Lonergan 5% Mar 19% 14 4274 11% ' Jun 5074 100 600 100 600 1174 12% 8% July Jan 500 100 200 __ Gamble-Skogmo Inc5 General American Transportation—2.50 Jan % 3074 13% 3274 — 10 Drive Four-Wheel 14% Jan Jan 3 14% —5 America Inc Auto Mills of Flour Feb 61 1374 3274 29 % 2974 „ 1 Falstaff Brewing Corp 1074 Apr 10% 1% Mar __ , 1 .10 • 5 5 Air Lines Inc Eastern 9 33% 1174 5 A—10c Co Chemical Dow Du — Jan 400 300 900 40% 43 45% 4574 8 74 9 33 3374 43 10 Manufacturing Corp Dodge -J 10 5 20 common Company & — Jan July 49% July '900 95 Leath 40 21 100 100 100 20% 76% 77 2674 27 % 25 25% 14 1474 77 27 74 1 (Un) 95 20% — __ 25 common Curtis-Wright Corp Detroit (Un) Co Power Consumers 6274 , 12% Llbby McNeil & Libby Lincoln Printing Co common 8% Jan 10 1,700 20% July —3.50 12% Gas Lamson 171% July 65% Jan 46% 100 200 107 107 6274 63% __ 18% July Jan Feb 2% 100 1,050 23% 774 36 23% 1074 1074 42% July Jan Monarch Co Laclede 4% Jan A Chicago Towel Co common Jan 28 % 600 200 1,900 100 Jun 13% . ... Apr 18% 6% 300 __ 27% 8% 174 35% Feb July 1174 27 % 44% 77% July 38% 2,600 Kropp Forge Co 33% 174 __ Knapp 29% 26 74 44% 23% 7% 2374 111 Secur Jun 25% Mar 1374 174 __ Jan 600 20% Island Lime A Transport Kennecott Copper Corp (Un) 5574 July 27% ♦ 56% 42% 19% Co Drug 5074 July 156% 300 800 1,100 100 __ Kate La Salle 27 % 77% 41 20% Kelley Jan 11 800 1,400 -ft ,'ir 2 1 74 2 1 74 3% 374 48% Feb 21% 2 6 74 __ 14% July 23 % 19% 500 75% 4274 & Alum 43% Mar 2 6 74 15% 60% July 3674 300 4,000 600 150 900 __ Jan 11% May 1274 13% 14 15% 20 20% 1974 20% 19 % 1974 — Public Service Corp common Central 72 __ Jan 45 74 4,000 52 2 72 52 2 — 13% July 77% Chemical common 5% conv preferred —— Kansas Power & Light (Un) Feb 4% Jan 25% 800 250 8374 83% __ 25 1 • 1 50c 5 Pacific (Un) Carr-Consolidated Biscuit Celanese Corp of America Cenco Corporation 20 — Apr * Steel (Un) 8c Laughlln Jones Kaiser 32% July 1,100 200 72 18 12% 20 18 12 Jan 3% 400 25 82 7174 6% July 2,100 11 4% 4% 7174 18 12 12.50 15 Canadian Centlivre 81 1 4% 5 1 5 —— Burlington Mills Corp Burroughs Corp (Un) Burton-Dixie Corp 2374 __ 10% 974 Apr 500 700 1% 1% 25 * 20c —15 (E J) Gear 52 __ — 24% July 3,400 " 13% 300 13% Jun 26 High LOW High • Light Co & Power Iowa 4% 6,800 10% 52% Apr 7% Mar 3,300 800 300 700 800 5% Low —7.50 Electric Gas & Illinois Iowa 1874 May 700 2,800 32% 33% 274 3 974 Apr ~ 150 1,400 1,400 200 1,100 100 1.100 32% 60% 1 4% 474 15% Apr 22% Jan 1,500 11 11% 18 1874 169% 171% 55 % 57% 39 3 9 74 49% 49',4 974 10 12 12% 7 8% „ 10 —5 Company Butler 12% 8 32% ' 3 5 5 Shoe Co Inc— Brown — • 1 Corp Wi Borg-Warner Corp (George Sons __ 1 Corp— Fisheries Foote — 5 Co (Un)_lp Binks Manufacturing Co Brach & — 18% 17074 13 • 50c 10 (Un) Bearings Brad 2674 4 Bastian-Blessing Co Borg __ 3 Baldwin-Lima-Hamilton Booth 50 20% 700 200 3% 48% 42% July 200 1,200 410 3,600 46% 47% 5074 25% 25% 26% 2774 — 10 3 — Corp Mfg 32% 59% 14 5 Copper Anaconda 374 High Low 6% 6% 3% 32% 5974 1 374 46 __ 100 25 50 10 —5 1 Tel Co Tobacco American 23% 9% 5 American American & 21% __ 1 Range Stnee Jan. High 43% 44 21% 22% 23 25% 21% 24% 814 9% __ ' Shares Low Par Range Since Jan. 1 Shares^ of Prices 15 Packers Ltd International Paper (Un) International Shoe Co International Tel 8c Tel (Un) Interstate Power Co International for Week Last Sale Price for Week Range Par Sales Range of Prices Friday STOCKS Last Sale Price transactions only mt the round-lot A compllatloa Sales Week's Friday STOCKS J Volume 180 Number 5343... The Commercial and Financial Chronicle (283) OUT-OF-TOWN MARKETS RANGE Friday STOCKS $ * r: ** ' Week's Last ~ f f Range Par Trane Co (The)1 Ttansamerica Trav-ler Radio Truax-Traer 20th Carbide Union Oil United U S of Air Jan 2 35 % Feb 45% Feb Apr 18 24% Par 22% Mar 70% 36% 52 ¥4 37% 51 ¥2 800 52% 8% , 7,800 Feb Abbott Jan 50 25 39 ¥b 25% 10 43 ¥2 69 % _ 400 25% .200 43 ¥2 41% 1,000 8 Jan Alleghany May July Allied 24 ¥b Jun Aluminium American 35% May 43 ¥2 71% 800 50 ¥4 Jan 75 36 ¥4 500 27 Ys Feb • ' 15 100 13 ¥2 Jan 15 17 550 14% Jan 20 ¥b 17V4 20% 900 43% 10 43 ¥2 44% 2,300 88 ¥2 88% s _ 5 Youngstown Sheet 5 Tube Corp 8 ¥2 19 40% 100 9 Jan Apr 79 8% American Apr 11 47 ¥2 400 38% Jan 70 ¥2 70 ¥2 200 65 ¥4 May Friday Week's Last Range Sale Price Par American Stores Co American Tel & Tel Arundel Corporation Atlantic City Elec • Baldwin-Lima-Hamilton Anglo Calif Natl Fuel Steel Barber Budd Oil Chrysler Curtis (par & Duquesne Light Co Garfinckel 5%% General Lehigh Coal Martin (Glenn Merck & Co National 1,172 7% 7% 6% Jun 13% Apr Feb 66 ¥2 Jun Apr 8% Blair Jun 50% 56 658 65% Feb Bishop Jan 252 6% Budd 23 May 20 20 20 100 18 21% Apr 20 21 % 50 20% Jan 78% 21% July Calveras 80% 3,021 58% Jan 16% 80% July 16% July California 16% 15 Navigation 22% 21% Jun 8 May 10 19 % 26% 19% Peoples Stores Electric 16% Jan 17% 930 Jun 50 7% 25 70 7 25 Philco Corp Potomac Electric Power common 3.60%>series A preferred & Gas $1.40 div preference r Reading Co Scott Feb Celanese Feb Cities Service Co Feb Preferred July 39 40% 157 35% May 32% 40% Feb 32% 100 31 32% Mar 36% 37% 5,384 25% 25 25% 228 32% Jan 23% Columbia Commercial Jan 7% Jun Consolidated 5% Jan 9% Jun Cons 19 4,263 30 42% 27% 28% 1,000 29% 29% 211 Corp Continental Oil 45 Crown Gas Light 28 % 28% 282 26% Jan 95% 98% 739 Jan 73% 74 149 68% Jan 100% July 76% May 4% Jan 33% Jan 34% 838 30% Jan 34% * 10 98% __ ■ 32 Products 5 70 93 % Jan 28% Jan 32 A 1975 72% __ 73 $5,500 70 May 76 Last Sale Price Allegheny Columbia Ludlum Gas Steel- * System • Duquesne Brewing Duquesne Light Fmiitab'e Gas 5 _• Co__ 8.50 Follansbee Steel Fort Co,rp Brewing Pitt Joy Walker Star Gas • Co _ $2.50 Pittsburgh Pittsburgh Rockwell Ruud San ... Plate common preferred & & Bolt Corp Axel Toy Mining For 5 Apr Jan 14% Jun 7% Jan 25% Air Brake__. Electric Corp page 25% 17¥b „ 3% 32% 17 ¥b 3% 31% 32% 4 982 102 21 187 344 45 12% May 3% July 24% Jan 1% Y —. — (Del) (Un)i 1% 120 20% Apr 23 2,323 7 ¥4 Jan 12 501 1 % Jan 57 26 ¥2 Feb 32 52 ¥b Jun 59% Mar 283 6% 50 19% 19% 776 9 ¥4 9 ¥4 300 5c 6c 12% 23% 69 ¥a 5,000 6% July 18% Jan 42 Jan 50 ¥4 May 358 15% Mar 18 Vb May a65 a65 44% Jan 48 12% Jan 20 14% 14% al7% al7%'> 41 42% 45% 45%; 1,356 50 720> 9 37 937 al4% al4% 47% 47% 48% Feb 61 71 ¥» May 75 Apr 35 Jan 41 101% 50 24 48 ¥2 Apr 7 Apr 8 Jan a24% a24% ¥2 Mar 9 Mar 72% 1,312? 104% 104 % 45% July a__ _— 8% 5 42% July Jan a__ 100 5 Jan 41% 25 9 ¥b Apr 14% July 17 ¥2 Feb 15% May Jan 15 ¥2 B (Un) Co____ common Mfg Oil 5 ... Chemical Mont Lab de Co (Un) 14% 282 A & 2.35 1,000 1.90 Jan 42 42% 1,576 36'A Feb '5% >5% 43 43% 1,020 12% 12% 450 Air Kodak Dorado Paso Lines — 5 Co Inc 43% 12% (Un) 25 Co Oil (Un)—4 * •.< al36% al35% »139% (Un). 1 Gas Capwell a61% • Co Co a40% 1—* ! — 1 Co 6 . 3 Corp Ltd capital Plantation — 10 Works Natural ]j] 20 Petroleums Machinery & Ltd Chem — * Corp 5 1,100 140 105% Electric Co Foods General Corp Motors Paint Cumulative new com (Un)—5 (Un) Corp • 5 common... a60% a61% 5% Apr 2nd „* Utilities Comnany McBean (B F) 63 Jun 15 Vb Jan 95 35'A Jan 41 ¥2 Jan 49 ¥2 48 48% 918 !;{ 1« a20% a20% 300 41% ¥4 Apr Jun Apr Feb 1 Jun Jun 20 15 8 24 Apr 3% 3% 100 47 638 38% Feb 47 July 54 52% 821 64 % May 54 July — a73% 45 54 45'A1 3% July 39% Jun 48 ¥4 129 58 Feb 72 ¥b 59 ¥2 1,432 a71¥4a73% — 79% 79% 914 10% 10'A 125 9 55 15 17 17 4% Mar 17 Jun Jun Jan 80 Apr 10 ¥4 Jun Mar July 17 Jun 17 17 17 93 16 ¥2 Mar 17 ¥2 Apr 5 32% 32% 32% 200 28% Jan a64% a64% 15 46% Jan 19% Jan 32% July 58 ¥2 Jun 25' Apr (Un) (The) & Co Northern Greyhound Jan 1,260 v——* _— ,pfd PuDiic 47 Jun 26 ¥b July 6 * Conv 174 135% 1 a40% a40% — Corp com preferred 7% Mar Jan 29¥b May May 43% July 12 ¥2 July Jan 200 26% Feb 2.65 46% -- 3 1 26'A May 15 ¥2 'A July Feb 9% Apr 45 33% . Jan July 46% 10 Corn 8 11 % Apr 2.25 42 — 10c (Un) Nemours 13% 2.35 1 common class 14% 0 • Co Fields Apr July 104% May 24% Apr Apr 1 Co._^ 10 Ry (Un) _10 _ new <Uni—10 (Un)____—* Corp Jan Jun Jun 9 May 9% Jun 5c July 7c 5% 3 Hilton Oil Co — a22% — —1 — 30% — a22% a23% 38 a99% a99% 79 ¥2 50 70 70 194 1% 1% 200 30 30 12 121/2 /8 >• 95% July Jan 59% Mar l¥i 663 Jan 29% July 11% Jun 1,678 1 Pineapple Hotels Honolulu Oil 21% 21% 312 20 ¥4 25 % 251/2 25 12% 12 A ?®/2 12 /a 101 i-* 1,376 A Co Ltd Corp 5 Holly Oil Co (Un) Homestake Mining — 25 class preferred Hawaiian 70 . 1% July Feb 30% July 14 Feb 1 Co (Un) Corp 12% ——* — -- a40% 11% 250 Jan 24% Feb May 26 ¥2 May Jan 13% Mar 27 27 2.60 2 60 133 a40% a40% 210 30 ¥2 Mar 110 57 — 66% 66% 6% — 19% !9 A 1.50 1.35 1.60 a50% 4 32% Jun' 27 July 3% Feb 42 ¥4 Jun Jan 75 ¥2 May 14 ¥2 Jan 20 1.00 8,631 2o 2.50 56 1 18% Mar Jan Jan Hunt Foods 13% 690 13% July Idaho 1,104 22% Jan 26 ¥• 675 Apr International 50 ¥b Jan 75 Jun International 12 Jan Inc Idaho Maryland Mines Corp 25 ¥4 72 ¥b 305 17% July 7 ¥. Mar 22 ¥4 July 14% Hancock 56% 25 Feb July Jan 66 ¥4 104 ¥b May 531 General 1 45 ¥4 Feb Jan 15% Gladding 1% 56% 15 General July 36% May 12 ¥b Mar 37% Mav 81% 139 com-,.——3 30 Jan Jun Apr July 48% a64% a64% Great 30 90c 48 a77% a78% com 12 21 ¥2 28% 17% a78 Goodyear Tire & Rubber Graham-Paige Corp com 11% Apr 15% Gillette Jan 58% July 75c 32% July 1% Feb Feb General 120 Jan ¥2 10% Mar 277 a64% a24% Jun 17 60c Jan 1% 100 5 common 28 33% 184 a92% a95% 6fo Mar Jan May 16% 1,266 25 (Un) Goodrich 23 11 64 9 Apr 6% 70 ¥b 11 Jun July 50c Apr 26'A May 1,225 62% — 1 Apr 55% 13% 42% 558 a39% a39% __ — 3,700 35% — j_ 26% 23 3% 21% 100 60c a28 35% — 14¥b a22 50c — • 35% 1% 19% a21% a24% — , 25% July 17 ¥b July 16 29% July a21% 60c Jan 20c Jan 45 a28 17 Jun 406 (Un) Jan Mar 16 Mar 20% July 10c a60 a63% 25 N Jan 22'A a60Vt» • Jun 11 a3jjj 27 4 July 14 —• 23 ¥b 50 100 35 "A"—2% 31% 1% 22% July 14% Mar 2,135 a31il a92% 2 16 20c 29% 27 62% 50 1% Jun 20% May Jan 14 % 400 (Un) (Un)_. Corp 427 20c — * Corp General Dynamics 33% July 4% 15 ¥b Jan 3 27 ¥b (Un) Co 1,949 16 28% 10 of 20% 15% a39% 33 6% 10 Jan 17% 200 19% — (Uni —0 26 55% 12.50 22% 179 Apr Feb 120 General 144 30 5 Jan 16% 3% — 25 26 16 _2.50 * 5% July 28 ¥2 11% 920 3 1 33 —— 6c see 25% 6 33% —25 - footnotes 35 12% 5 Engineering & Foundry Co Westinghouse Westinghouse 1 5 Manufacturing United Jan 142 —10 Glass Screw Spring .. 10 - convertible 28 ¥2 14 ¥4 5 Corp Pittsburgh Brewing Co 176 14 5% 100 20% 75c Federated 14 31% 14 20 May 13% 75c Food 33% — 11% Mar 75c High 32% — 135 . Range Since Jan. 1 Low 12 ¥2 July 2 Emporium > May 87 Jan 300 Eureka Shares 5 ¥4 Jan 9% 13 a22% a23% Feb July July 2,400 Ewa High 79 July 4.00 50 7% Pont El 33 1 10 _ Mackintpsh-Hemphill McKinney Manufacturing Mountain Fuel Supply Natco 1 . Refractories Manufacturing Lone -10 _ Harbison of Prices 400 14 — for Week Low — 22 303 Mar Sales Range Jan 11% Dow July Pittsburgh Stock Exchange Par 3% 83% 2.05 40% May 3% July • Douglas Oil of Calif-__-___ El STOCKS 1,265 Jan 7% Eastman Week's 19,667 1 10% Eastern Friday 4 50 Feb 11% 7% du ser Jun 11% Du 4s 10 1 Class BONDS Baltimore Transit Co 71 ¥4 735 3% 20'A * Dominguez Mar - Jan 11% Jan Giorgia Fruit Corp class A com—5 Di 34% July 100 Feb 50% 10 common Refining Zellerbach Doernbecher 98% 32 __ 5% May 36% July f 13 327 al4% al4% Preferred 28% May 69% 33% * 235 1,380 __ Curtiss-Wright Cypress Abbey 28% 110 common Corn Mar 95% 372 81 % 83'A — Crucible Steel Co of America (Un)—25 Curtis Publishing Co (Un>__ 1 5% 62 17% July 81% July — 2 28% July 36% 21% July __ 25 29% July 5% ___■ Woodward Lothrop common Ltd Jan 35% 15% Feb Mar 20% 5 Jan 5% July 13 13 (Un).* 25% 36% 11 14% 260 al2% al2% 1.33% Jan 1 preferred com Edison 37% July 19% Apr 13% 700 200 17% 47 __ 5.50 25% , 12% 21% 3% — 3% Motors 16% 43% Jun 25 ¥» July 3.50 Apr 12 50 __2% Corp Jan 18% Apr Jan 17% 3% 1 System Edison Foods Continental 43% • United Gks Improvement $4.25 4 4,173 Jan 8% 11 (Un)_______12% System Commonwealth 2,877 28% 2.85 10 19% Mar 229 ft Mar a71 a72% 25 Solvents 9 28% • Gas 7% 398 100 600 Apr 5 81% 100 Broadcast 39% May 6"% 37% 9% July 5 ¥2 „ 21% 5 Colorado Fuel & Iron 8% 29% ___50 Feb 2.90 __ 17% 10 (Un) Chemical 28% July Jan v 45 25'A 1 Corp Columbia • Co 5»A 36c Jan 9% Jan * common com 34% May Feb 4% 2.85 5 Co Mar a3% 11% i (Un) Clorox 18% 25c 24% 2.85 1 50 __ 112 ¥2 July 36 May 29% Mar 172 11% America 38 10 55 4,500 a71% Corn 501 — Washington Corp of Eureka 49% 35% Jan 5 P.l Vought Aircraft Chesapeake & Ohio Ry (Un) Chicago Milw St Paul RR com 49 36"% Apr 28% 36c a3% 5 Chance 49 50 ; Co Caterpillar Tractor Co Chrysler 3 95% 390 5 1 (Un) 14% Sun Oil Co United Oil com 44% July 18% Feb — 90 32% 33c * Ry Co Jan 37% common Paper & Jan , El Pacific I) 12% 7 Public Service Atlantic (J 35% ' all9 a34% a35% 36c 5 15% Mar 20 Feb all53A 32% — 100 capital.1 1,563 • preferred May July 10% Co Co Canadian July 7% Ink Canadian „ Participating 49 ¥2 10 6,512; Common Jan 8% Mar —1 2,518 •'< 34% 101 1 Pacific Trading Corp California Packing Com July 21% Jan (Un) Co 14 Co— 1,015 5 16% common 49% alO al0% (Un)__50 Sullivan (Un) 44% common 24 Vb 49'A al0% 3 Calif Jan 26 % July & 13% 40% Jan Corp 15% __ Jan 16 * 42 5 Transportation Fe (Un) 16% com___* 43% 100 (Un) 10 Power Jan 361 20% 2 44 __ 29% 52% 1 50 ♦ 802 52 20% 1 Cement Central 25 7% __ —1 com Inc_ preference 25 ' __ 7 May 40% July 52 ¥2 July 52 5 Sugar 1 ._______10 & 408 RR Co Jan 21 ¥2 20% 10 Corn Jan 37 ¥b 31% May 15% Jan 50 Jun July 65 ¥2 5 (Un) Jackson Calamba Case 18% 50 37% 171 20 Co Burroughs 24% May 260 8% 24% preferred— Water Jan 8% 8% Insurance Co of C) 13% 630 26% (Un) (Un) Co Hill Byron Feb r 22% 1 16%c 10 Bunker July 22% 10 325 Company 30% Mar 79% 36% 36'A a22% a22% 40% 40% ' a22% Balsa Chica Oil Corp____ Borg-Warner Corp (Un) Broadway-Hale Stores Inc 33% July 27% Jan „ Jan Jun 5 Appliance Apr 5 17 14% May 18% July Jan P2 Ohio Holdings Boeing Jan __ 29% 55% (Un)___ Steel Oil 27% Pennsylvania div 13% 62% 4% 47% July 11% Mar & Bethlehem 28% Corp Pennsylvania Power & Light Pennsylvania RR Pennsylvania Salt Mfsr *1 200 July 565 Pennroad Philadelphia 806 Jun 3 % 2,258 non-cumulative Philadelphia 5% 47% 10% 25% Inc Drug 5% 12% Jan 33% ____5 (D 2% Mar 24% common Union 8% 150 31% 25 Jan 156% 25 Corp Bendix Aviation Corp (Un) Benguet Cons Mining (Un) 25 % L) Washington 230 3%- 62% pfd.125 July 13% 1,035 Instruments 33% conv Jan 11 ¥« 506 1,178 Aircraft • preferred 14% 390 2,075 Co Oil Beech 10 4%% 100... ny4 171 (Un) Beckman 398 Corp & 10% 47% __ 16% 18% 37% 10 (111) Bankline 24% July 35% July 30% Brothers Co Jan Jan 29% (Julius) Hecht (The) Jan 19% 29"% Battery Motors 155% 29% 13 1 49% July Feb 57 % Petroleum Llgni common__13Va convertible Gimbel 4,041 July 171% July 650 3% 36 ¥4 36% Coru Mfg Corp Bandini 56 697 9% 14¥b July 17% July 640 55% (Un) Topeka & Santa Baltimore High Jan 24% 5% 25 Power 44 35% 3% $5) Corp Electric Storage 5% now Publishing Co unaware 168% 171% 10 Company Low 226 22% 1 Corp 56 __ Feb 11% Bailey Selburn Oil & Gas class A 1 Baldwin-Lima-Hamilton Corp (Un) —13 34% lc May 60% July 64 ¥b July 11% May 15 ¥4 Jan 169% (Un) Corp Refining Corp (Un) Atok-Big Wedge Range Since Jan. 1 Feb 88 j 278 37 Bank Oil Atlantic 24% 13 51 536 . 170% Atlas 34% 10 Baldwin Securities Corp Baltimore Transit Co— Common Shares High 52 55 170% Jan 18% 11 % 18% 25 Co Avco 47 74 49% 16% Jun 4% *. . May a69 47% 27% ' 3% July 88 958 14% 17% 22% Mar 29 100 Corp 1 170 47% May 26% Jun for Week of Prices Low • 100 Co Sales 100 17% __ 5 Co Copper Mining Arkansas Philadelphia-Baltimore Stock Exchange Mar 14 5 (UnK Co Woolen Armour & Co STOCKS Tel Anaconda Atchison 20 • & American Arincu 558 a68% 17%. 20 (U11) Tel Viscose Jan __ 12% (Un) American 47% July 73% Apr 23% High July a90% a95% 59% 60% a68 % (Un)__l (Un) American Tobacco 88 ¥2 July 43 ¥2 a25% a26% 3% 3% __ 260 1 com ' ''LOW 44 Smelting & Refining— Common Feb 46 47% * (Un) Factors Ltd American July 20% July 45% Jan Jan 100 lnc Theatres Co Range Since Jan. 1 High 22% > * Sales 43% * __ 20 American Motors Corp American Radiator & SS July 36 ¥» July 15 16% 20% (Un) Ltd Can Low - 1 : Dye Corp Airlines American Jun 17 • Shares * (Un)_^. com Bdst-Para American 26% Mar 69% for Week of Prices 1 Allis-Chalmers Mfg Apr 34% 1 Corp Chemical & Amer 10 Range 5 Corporation ; Air Reduction Co (Un) 37% July 52% July Mar Laboratories Admiral 88% July 38% 21% May 29 ¥4 Jan 900 Week's Sale Price Mar Apr Exchange Friday Last Jun 3 13 2,400 23% common & 1 STOCKS Jun 19 y8 1,000 43 23 ¥2 Yates-American Machine Co Zenith Radio 88% 44 —12% Corp Co Jr 67% 88% W) (Wm) Jan 25% 1,000 36% Wisconsin Bankshares Corp Wisconsin Public Service Wrigley 86 ¥4 10 Telegraph (F 36% - 700 8% Westinghouse Electric White Motor Co Wool worth 17 21 ¥2 San Francisco Stock • i Inc 16% 20% • Walgreen Co Wieboldt Stores 16% ~ 5 common Union 1,100 10 - Van Dorn Iron Works Western 2% 21% ""25 Inc (Un) Corp 500 2% 86% ltf High • Corp_ JULY Range Since Jan. 1 1,550 1 California Co 66% 34% 2% ENDED . Low 65% 1 Carbon Lines Rubber U S Steel & . High 33% 1 common Century-Fox Film Union 66 % 2 Corp Coal Shares Low 2 Corp for Week of Prices Sale Price * FOR WEEK Sales Power Co Harvester (Un) Nickel Co. (Can) (Uni—* — a50% a51 A 120 32 A 1,768 28% Jan a43 a43,» 90 37 ¥2 Feb 31% a Jun 1.90 Jun a3~2~% July — 40% May £ - jftO The Commercial and Financial Chronicle... (284) Monday, July 19, 1954 OUT-OF-TOWN MARKETS RANGE San Francises Stock Exch, (Cont.) Fj™a' STOCKS ^£**1 gaie price International International Tel Intex Oil Johns-Manville Aluminium Si 8% __ —10 (Un) Chem Kern County Leslie Salt Co Jan 10'A 50 72% 627/8 Mar 408 20% 26% 25 47 Jan 2 Jun a84 a85% May Raytheon July 20% 83% July Jan 49 39% 140 May 41% Jun Russ Bldg. Apr 36 % Mar S and 13'A Jan 1.40 Feb 16'A July 1.50 Feb a23% a24% 19% 19% Jan 23 300 St 0 Calculators (Un).1..; Bancorporation Martin Co Mathieson Matson ___• (Glenn) 1 ; Chemical Inc Robbins & • 18 (Un) 20% 20% 69% 22% Apr Prank & Menasco Middle Mfg South Mindanao 10 Utilities Inc Lode Mother M J St M St M Cons 24 Apr Mauricio Montana Power Morrlson-Knudsen National Gypsum 4,040 Fibres 14 % May 13% Mar Jan 27 4 % Jan 2% 72 a32% a32% __ 29% Feb 2c 2c 3,200 2c Jan 3c 74c 13,2% 68c July 1.05 — 21% 21% 311 20% Jan 36% 36% 100 32% Jan 66% 67% 37% 460 56% Jan 641 30 Feb 37% July 67% 37% 10 Inc 1 37 13% May 17 20% 14 14% 1,325 19% 19% 31% 19% 1,007 32% 491 20% Jan Natomas Company Co • __ 5% 6% 1,280 4% Jan N Y Central • 22% 22% 22% 238 18% Jan a30% a31% 370 27% 3 200 Niagara Mohawk Power • 1 Oil Co North American Aviation North American Co North 6% 1 Oahu 1 Sugar Co Ltd (Un) Occidental Pteroleum Edison Olaa Co Inc Can Pacific Coast 6% Gas 1st 5% 5% • 1st 7% Jan 109 14% Jan 22 2,350 5% Jan Jun 6,279 39% Jan 956 33% Jan 28% 28% 28% 818 27 Jun 28% July Motor Oil Co Corp.. (Un) * rennsyivanla RR Co Phelps Dodge Corn Philco Corp. P. Inc & B. C. 126% May 165% 13% 12% 4% July Jan 13% 2,641 9% 27% 30c Feb 16% 750 31% Feb 36% 227 29% 60 307 58% Feb 6 150 6 July 37% 300 32 Jan a54 a54% 165 41% Jan 220 55% July 150 415 32% Jan 44% May 43% 814 35% Jan 45'A 44% 20% v 34% 10% 35 10% 280 32% 10% 300 8'A 17% 17% 449 15% Jan 43 44% 2,065 36% Jan 57% 57% 140 40% Jan al4 al4 a64% a65% 25 Co com Petroleum 6 Pacific Railway Co <Un)__. Inc., , * ...1 G A. __ .1 (Un). 'a65% . Inc __ • Co — .2 common Brands Oil Co of Oil Co (Indiana)_— Inc (Un) Drug Mold & 6% Mar 28% Jan Electric Company 309 81 Mar 140 37 ¥a Apr 44 July 17% al8 125 14 ¥2 May 23 Jan 187/a 1,365 16 ¥4 Jan 20 ¥4 700 11% Jan 545 43 ¥a Jun 4 3% July 931 31% Jan 40 July 83 58 ¥4 Jan 73 ¥2 Mav 11% 11% 48% 48 % 48% 39% 40 39 % __25 a65 % Associated Oil Inc _ (Un) Corp —I _ 11 ¥2 7.1 ¥2 510 18% 23 ¥4 Apr 34% 1,085 2,358 18% July 33% 257/8 Feb 36 Ve Jun al7 50 13 ¥B Feb 16% Jun 21% 21% 275 15% Jan 21% Jun 86% 88% 487 71% Mar 71 % ■ — 34% 5 _ -: 18% -. 2 Airlines Tri-Continental * " ...10 Corp World a65 % ■a67% Apr 14 ¥4 Mar al7 50C Incorporated Water Jan 18% a 12 ¥4 .7.68 Products (Un! 64"% May 76% Ju'.v z_25 (Un). 9 July 34% May 52% 302 5 Corp Co Juiy 62 % July 77% 18% 1 (Un) 58 Jan 46% 40 a41% a43% „ al8 1 17% Juiy45% Mar a__ 510 76% S (Un). (Un) 35 July 14% Mar v Jan 3,760 ...25, Inc Corp J"n 9 8 60'A 1 38 a34% a35% 60'A 62 ¥a ' • California. Carbide Electric Oil Co ' of Co. Jan 7 Can United Corp. July of 24 Apr 39 88% July 26 ¥a July Jan 26 ¥a 200 44 43% 457/a 3,914 12% 24% 24 'A 24% 200 20% Jan '28% 5 _ 64% ,64% 647/8 202 46% Jan 65 % 24 24 13 24 ¥s 405 21 ¥2 May (Uu) Co 26% it Tnc Glass & 10 ... _ cominoci, __ Cloro Linec 86% ... 10 Mo. or California Aircralt • (Un) Sugar common Air S Carbon & W -2% - J ' 220 13 •t 11 Apr Jun 25 Jun July 13 Jan 5 50% May. Corp Rubber (Un) July 5% Jun a5% 40 30% 30% 357 27 ¥e Apr 32% May 36% 37 ¥4 920 29% Jan 37 ¥4 July 51% 52 ¥a 1,278 39 ¥s Jan 10 ¥2 10% 550 9% Jun 16 Ve 16 Ve 120 1 -- (Un) (Un) U S Steel Corp common a5% 10 5 Del. Gas Victor Equipment • _ _ _ -- _ 1 Co Warner Bros. Petroleum (Un); 10% ...5 ... 3 Corp Water Fargo Westates Pictures Bank ', a35 % a35 ¥4 .. ' ■ 31% — __ 315 85 "> 150 31% .215 _ T u • • Power & .100 60 * 4.275 5 5 36 37% 379 10¥a 10 ¥2 10 "4 10%- 40c 43 c (Un) 14 52 Ve July 11% - Feb - 16¥a July Feb 36% 34 ¥4 May 26 ¥» 294 Jan 3% Apr 31% July 315 Jun 34c 1,284 36 1 (Un). common 45c 5 Petroleum Liie Coast Insurance Airlines Inc (Un).: 1 25c Western Department Jun Western Union Telegraph Westinghouse Elec (Uni__ Stores., July 6 37% Apr Apr 34"% Western 66% May ■? 28% Jan July 75c Jan Mar 5% Mar Jan * 64 % May . 55% 24 % 40 42% 2 Calif Co Preferred 54% May 55% 24% 40 40 — Feb West 36% July Feb Jun May 40% July Jan 36% __ 49 % May Jun 28 Wells 18% 15% Mar 462 40% 6 55% 11% J my 47% 37 Washington Jun 60 • HV4 J my 246 26% Mar Warren 32 36% __ 1,020 a46 Jun Mar •13% July Jan 60 16% __ • (Un) 3 21c 17,166 a33 a33% __ 59% Mar 11% Jun 37% Mar 28% July 500 30c 40 * Co.__ 250 3% 3 24c — (Un)_-_1 (Un) Co Jan Jan • of T. 114% 28% 133 11% 27% May U 28% Mar Jan 65% a65% a66% 11% 140 United Apr 138% 12% Co Mines Puget Sound Oil 50 26% 22 5 __ ..3 Petroleum Gold 1 125 12% Mar Jan 20% 5 Jan 27% United Jun 7 95% July Jan 27% United July 38 22% 69% a44% a65% a44% A 2 —i...—s—• 15 17% May 148 27% United 192 28% 1 — —25 Union 28% July Jun 33% Mar 1,000 29% 1,083 Mar 7c 44% July Union 125% 126% 30c 1 'Un) (Un) (Un) Phillips Pioneer Pullman (Un) (Un) Corp. 2,271 8% 27% 178 38 29% al9 95% Jun 15% July Jan Union al45%al45% 126% __ 10c 28% 7% 28% 4 .... Oil Pictures 28% 37% __ 29% 150 27% Jan Jan Feb Union 36% July « al8% 85 5c Jan Trans 44% July 36% 100 9,253 25% Transamenca 31% July 44% 36 a21% a21% 2,207 5c Jun 44 7% 21% 14% May 15% 5c 15% Jun 46% July 41'A Jun . 32% Textron Jun 36% __ 205 a28% a29% Jan Mar 33 190 Sylvanla May 6% 44% * common Pan American World Airways Pure 10 a22 6% __ 38% 27 102 Tide 6% a31% a31% 983 July 9% Jan 1,955 Texas 4% July __ 8% 44% Swift. 18% May 100 Stendel Paramount Jan Jan a9% .___ Tel Western Palmer 3 % 14% a2l% 1 preferred Packard 200 918 6% common Preferred Pacific 4% 18% a22 10 common Ltd Co Service & 4% 17% 25 (Un)__ 540 136 a2G% a26% Edison Sunray Oil Com July 44 Jan 25 Petroleums Tel 38% 25 Corp Electric 8% Feb 4% a9% 10 33% J my a37% a37% Sterling Mar 3% Jan a9% preferred ser A ...25 Lighting Corp common... • Pacific 18c Jan 3% 5 : 136 Jun 40 ¥a May 44% Calif Studebaker 16% May 8 Fisheries preferred Public 13% May 672 44 class Co Standard July 10 % red Pacific Pac 33 Feb 18 20 red preferred Pacific 43% 57% May 35% July 45% 46% a38% a38% __ • Standard Mar 12c 1,100 5,615 common Aggregates & 17% 220 17c 3% 43% Feb 33% July 130% Apr July 25 a37% Super 15c 12 <>an 52% 5c (Uni—$2.50 SLanciard 20 % Mar 3% Co Pacific Finance Pacific 23 Jan 5 American Pacific Jun 18% 15c (Un) Products Pacific 20% 3% (Un) 26 252 900 * a26% Spiegel 13% May 547 15'/a 2,042 24% July Jun 10 33 15 Jan 12% 1 Sugar Co Pabco — 20 20 % __1 Corp._ Oceanic Oil Co Ohio 32% __ 1,595 15% May 33% July 8% a29% 15% 7.50 Sperry Com July , 275 20% 100 25 Spalding 38 % July 83 21% 20% __ 23% 136 — 1.40 -— Co Southern 5% Mar Jan 365 13% 21 % __ 25 Northrop Aircraft Inc 13% 31 Jan July 3 20% St new com Southern Feb 26 1,561 38% a24% a25% 13% 25 . preferred 35% __ a25% 1 ; 3 __ 10 Com preferred 5%% (Un) (Un) Invest Amer. __ May (Un) Southern 6% July Norris 60% __ P »o preferred 4.48% pfd. 4.88% 4 Conv. 32% July (Un) 18% May Jun 34%. 35% 32% 33'A a51%.a52% 34% 35% 35% 33% a52% —1 Oil & Gas Conv Jan 14% 32% RR Elec & Cumulative/preferred 4.32% Jan 1 (Un) _ 12% July Jan 23% 45% Co Southern 18% 5 Products (Un) Jan 48% Southern Calif Gas Co pfd series A..25 36% July 68% July • 8 15 191 25 22% Mar (Un) 45 120 (Un)..* Jan __ 35% May 60% — 5 Mining Roebuck Oil Southern Jan 68c 5 Jan 37% Jun Jan 60% al9% al9% 10 5 10 . Sinclair Oil Corp (Un% Socony-Vaeuum Oil (Un) July 2c (Un)_ % Jan 92 Jan 8% Co.. Paper Shell 70c Co Distillers National 250 4% • Montgomery Ward St Co. Auto 14 4% Co Gas Shasta Water Feb 10c Co National 14 4% 10 32 y8 al0% al0% —10 (Un) (Un) Industries Schenley Sears Mav 41 % P.10 Mines (Un) Montana-Dakota Utilities 14 1 Inc Co Co Paper Diego Scott 49% July Jan 39% 60 Regis San Signal Meier 75 20 26% July 41% 300 a43 69'A July Jan 18% 70 22% a42% — Jan Jan 17 4,273 a46% a46% __ a42% 26% 60% —__100 Foods Inc Lead San 21% May 16 56% 62 26% Jun 19% July 19% July 1,155 69% 24 ¥« , _L 5 Corp Navigation Co (Un) McKesson 207/8 22 92 W Fine Joseph St Marchant (Un) Safeway Stores Inc.. 984 Marine 20 32% July i 9% July Jan 205 ... A Co. pfd. 6%. 8% 1.40 __ 235 a36% a36% 1 - 26% 16% ——1 84 a37% a39% a39% • Co 290 1.40 (R H) Gas & 2,657 15% Macy & Co High Low \ Oil Jan — Magnavox Co. (Un) Co 33'A 16% __ Mfg Riverside Cement Co class • _ "B" Jun 18% ' • 25 Jan 39% 9% 36% class 82 Richfield Oil Corp Apr 66 495 9% 34% (Un) 84 Jun 19% 350 44 36% Inc Feb 10 1 7 Loew's Jan 17 Reynolds Tobacco class B (Un) Rheem Manufacturing Co 1 Lyons-Magnus 23% 135 Reserve 39% — 1,169 18% Jan Libby McNeill St Libby Corp 32% 18% May 2% • 31% 5 50c Remington Rand (Un) Republic Steel Corp (Un) 43 Vz 31 - 40 < High 1 —.100 common ... Range Since Jan. 1 Low 25 j. Inc Preferred Jun Lockheed Aircraft Preferred Shares • Ry. Equipt. & Realty, Ltd. Co Apr for Week • (Un)— America 54 Jan 510 — of Corp 25 Jan 222 2 2Va a21% a21% __ Radio Rayonier a37 a38% a21% a84% 10 July 20 % July 8% Mar a57% a57% „ 2.50 Land 14 600 75 Jan 25 25 — Corp 56% Sales Range of Prices Par High Low Week's •*. Last Sale Price Range Since Jan. 1 2,614 a74% a74% __ 50 .—1 Kansas Power & Light (Un)__. 8% Kennecott Copper Corp (Un) —• a75 a77¥2 — 1 Corp i Motors Shares 20 ¥4 8'A • Preferred Kaiser 19 ¥b 8% (Un) Corp Jones St Laughlin Steel Kaiser 20V« 33¥aC T | Friday 159 a7l¥2 (Un)—* Tel com St Co 16 STOCKS High 7% (Un) Co Paper ENDED JULY for Week of Prices Low Par WEEK FOR Sales 10% (Un)__._ __10 Corp (Un). 69 ¥4 .12% Willys-Overland Motors (Un) 43% .1 145 - 43% Jan 9 9 ¥a ?c 1/., 10¥2 July Jan 200 40 ¥2 Mav - Jan 1,660 43 43 27 70 ¥4 461 44 ¥8 1,015 0 11 50% Mar43% July • Jun 4.3 y July 74% Jun 44 ¥a July CANADIAN MARKETS FOR RANGE WEEK ENDED JULY 16 Sale Price STOCKS Par Abitibi Power St Paper $1.50 preferred Acadia-Atlantic Class Sugar —* common —• Shoe Ltd Shares 8 a21% 4% % High Low 22% 22% 25 25.10 625 8 8 315 a21%. 8,21% 300 8,181 16% 24% Jan Jun 6% Mar 17% Feb High 23% 26% Tel Atlas Steels & • ___ preferred. ri St Paper pfd_ Pulp Anglo Can Tel Co 4%% -50 .50 pfd Feb July Bathurst riocq Bell Orders handled 98% 170 82% Feb 98% jmy 27 28 6,220 24% Jan 31 92 Ve 93% 225 90 Jun 93 % May 12% 12% 12% 1,465 10% Feb 16% 51 49% 51 1,350 40% Jan 51 Power St Paper R class 25% 25% 325 19 Jan 25% July 44 8% 43% 44% 9,387 39% Jan 44 % July 8 8% 7,739 6% Jan 9% Apr a48% a48% 10 49., 18 18 50 16—Feb 18% 25 25% 4,926 20 % Jan 26% May 93 93% 81% Feb 93% July 91% Jan 102% Mav A—• • _ 25 25 7% Mar 41% 42% 565 39% Mar 48% May 66% 65 67% 5,505 46 Jan Bridge & Tank,Co of Canada pfd___50 British American Bank-Note Co __* 25% 67% July 25% 352 23% Feb 26 Apr British 107% 107% 220 Feb 108 Canadian Stock Exchanges through our Canadian affiliate which has a direct private wire from coast to coast. 53 104 53 53 370 48% Jan 47 53% May 47 160 39 % Jan 47 Traction Brazilian Brit Jun Col Light & Power.. Oil common American Elec Co 4% cum Columbia • : A * 5 class 30 Broad Street Co., Inc. Tel: HAnover 2-9250 $1.30 Teletype: NYl-1979 Canada NEW YORK Iron Safeway Canada 5 % Ltd Steamship 17% Jan 2?% 756 35 Va Jan 42% July a8% 64 uun 11 a4.00 a4.10 45 6.65 6.65 100 104 JA a 104'A 5 117 31 10 21 % common— preferred , - - u "~r 120 July 31 % 22% May 32 100% F*b 104 Jun Jun 26'A a24 a24 134 23 Jun 28% May 13% a24 .. '26 13% 340 12% Apr 13% 26% 26% 2,675 21% 22% ' • Jun Jan 27 July 150 . 31% May 36 Jan 595 22 30 Apr Jan ' 20% common...* ; 20 " Jun 19% —* T 105 895 21%. 35 / Feb Jan Jan 26% Foundry Jan July. Feb 26 & 7.25 Feb 34% Car 5.00 45 85% • A 100% Jun 28% * — Jan 5.60 n Jan 777 Bronze Ltd Feb 35% -T 1,395 Breweries Canners 4.00 395 7% July 31 Canadian common 8% Jan 206 • 103% 103 % 100 _* —50 2nd pfd 21% 5% 120 114"% 31 _"1 1,563 Canadian Class page 45. 22% 42% • Foundries Canada 190 4,105 22 ,r- 102 7% 20 . Jun 41% a Cement common preferred 49 % May 7% a4.00 * Calgary Power preferred Canada May 101% * Products Gold Dredging— 75 ... 45 25 B Canadian see Feb July a3 * —? Power Columbia Telephone Class W. C. Pitfield & — 102 7% 22% 42% 100 Building Bulolo 18 25% red pfd__100 C R preferred 4%% Canadian For footnote# May Apr __ 7% Mar all all 17% July * Ltd Brhck Mills Ltd on Jan 93 % a7% British on High Lou 17% 12% 27% 97 Telephone"-—— British Canadian securities. 17 97 . 2,040 . * British Columbia Forest Products Fast quotations * Range Since Jan. 1 Hiah * common Teleg class A a7% I25 100 Shares Jun 8% May 21 Corp Assoc ,17% . —100 preferred Asbestos Range Since Jan. 1 * 42 Aluminum Co of Can 4% 5% % 2nd preferred Anglo Can — __ Steel Aluminium for Week of Prices Low 22% -25 A Agnew-Surpass Aigoma common Sales Range Last Sale Price Corp Ltd common Argus Week's for Week Low Par Canadian Funds Friday Range of Prices Last STOCKS Exchange Sales Week's Friday Montreal Stock 21% 3,572 16% Mar 22 22% 1,265 19 Mar '"21% Jun 23 Jun Number 5343 Volume 180 The Commercial and Financial Chronicle ... .41 (285) CANADIAN MARKETS RANGE Friday 8TOCKS Week's Last Range Canadian $1.75 $1.00 t Celanese series common series .Canadian • Chemical <fc Canadian Cottons Canadian Industries iq Cellulose 6% 31 pfd 25 a91 a91 210 1514 15% Railway Ltd 2.85 Vickers IB Eauipment Consolidated Smelting Consumers Textile Class B Crown Cork & 2.10 Feb 20% Jan 12 Jail 22% May Co 2,235 17% Jan 27 Southam Southern Canada 7% 8 702 15 1,550 26 - 27 ¥2 5,885 a6 a6 a27% 14 .. __ a __ Seagrams Dominion Bridge 42 Jan Dominion 25 6 Jan 25 Feb 10% Jan 14% Jun 10 Jan 14 Jun 36 Jan; 42 Coal 6% Jun 25 Jun 29% 29% 30 3,940 27% Mar 32% 18% 18 18% 6,791 15 % 6% 6% 275 6% July 18% July 8% Feb 12% Mar pfd 25 Dominion 5% Dairies common & Steel 7% common & Stores Coal Red Ltd Donohue Dow Bros pfd 4.16% pfd Canadian 5%% General • Motors Renfrew r - 1 Bay 4% Nickel Paper International Petroleum Thrift ' , Utilities Preferred Lake the 25% alio Lang & Laura Class MacMillan Molson (J Co 225 52 2,065 78% 5% Feb 1,205 90 59 52% May 78% July Jan 10% Jun 100 16% Jan 96'A 15 95% Apr; 99 26 2,235 19% Jan 26 a50 a50 10 44% Jan 50 % Jan 47 % May 5,482 28% Jan 36 May 4,978 9% Feb 11 jun 1,318 23% Jan 25% Jun Jan 7% Apr a24% a24% a24% 6% 6%: 44 6% 42% 5,200 44 6 3,898 34% Jan 46 May 84 Jan 92 July 92 92 25 44 44 100 34% Jan 44 44 43 July 44% 510 39 Jan 47 15% 15% May 15% 25 15% Mar 42% Apr 16 * 42 42% 5,866 34% Jan 42% Jun „ 40 7.50 75 73 75 1,997 * 20 20 21 1,155 19 Jan 94 93 94 324 78 Mar 95 Jun 33% 54 Jan 75 July 26% Apr .. " 34 21% 28% Mar 34 35 July 290 30% Mar 35 Jun 24"% — 25% 275 34% — - 25% 2,110 21% 21% Jan 535 17 27% May Jan 32 640 27% Jun al46 0 alO alO 95 3 ■16 16 200 __ a 13 • * 2 13'A 138 19 20 3.40 class B_* 10% 18% 23 July 10% 100 Jan 14% May Jan 20 Jan 4.25 May Feb 17% Jan 23 Apr 18% 32% 1,640 £6% Jan 37 1001 35 July 37 Feb 100 15 Apr 16 16 6,810 16 7% Jan 9% May ... 16 ¥4 Mar 26% 26 27 1,440 23% Jan 27 27 26% 27 1,660 23 Feb 27 16 16 150 15 ¥4 Jan 16% 17% 17% 910 101 102% 115 * 17'A 102% 12% 5 5 a 11% 13% • 12% 1,000 al3 al3% 25 25% 72 73% 103 Feb 12 ¥2 1,162 32% 274 a23 a23 75 • 67 67 * $3.00 2nd Butterfly Ltd pfd—* Jun 3.30 July Canada Malting Starch 10,505 a41 a41 Co 95c 200 25 a- al5 al5 80 1-* CO Jan 16 ¥2 80 9 Jan 10 8% Jan all% all% — 14 % 12% 14% 105 101 % 105 265 51% 51% 55 a5.00 a5.00 75 18% 19% 1,440 60 60 __ 1 • Ltd 75c 21,325 Ltd 1 31% July 10% July Jan a4.00 1 Sugar 18% * 2.60 Mar May a__ — Jun ! Mar i'. 14% July ; 88 Jan 105 July 49% Jan 52 Apr 4.90 Mar 5.25 Feb Jan 17 19% Apr 25 53 ¥2 Jan 60 Jun Ltd 5 57 57 50 57 Feb 60 July Canadian Dredge & Dock Co Ltd • 65 66 300 51 ¥2 Jan 66 Jun Canadian Gen Ltd * 27% 27% 150 233/4 Jan 27% July Co Ltd * 75 75 130 72 Apr 80 Jan pfd—100 a85 a85 10 82 Jan 86 May 4.65 5.00 1,175 4 ¥2 Jun 5% Feb 10% 10% 704 10% Apr 12 ¥4 Feb Apr Co Investments Canadian Ingersoll Rand Canadian Inter Inv Trust 5% Canadian Marconi Co Canadian Western Lumber 1 Co 10% Canadian Westinghouse Company LtdFood Prbducts Ltd class A a69 a69 a69 % Catelli Chatco Steel Chateau-Gai Claude 12% Advert class A PaDer 10% Jan 12% July Apr a3.50 a3.50 30 3.85 Jan 3.85 a3.60 100 3.35 Feb 3.75 Apr 9 9 9 100 6% Jan 9 ¥2 Jun 54 53% 54% 6,958 40% Jan a20 a20 5 46% 47% 560 34 14% 15 2,175 12 com Ltd Jan 54 ¥1 July Ltd— Mills preferred 100 July 5.00 9 Ltd Com Consolidated Textile 12% May 17 ¥2 Jan a3.60 — Enterprises 5.00 70 Mar 13 5 25 a5.00 ♦ B Combined 5% a5.00 62 70 al7% al7% com Ltd Wines Gen Neon Class Ltd Prod 20 4 Zellerbach (Crown Corp Dominion Magnesium Ltd Dominion Oilcloth Du & Linoleum Structural ^Dominion Pont Canada of Steel Sec of 33% 34 155 41 % 42 90 33 28 35% 25 25 1.80 1.85 a__ Jan 47% Mar 90% 91% 1,458 a31 a31 20 • 26 25% 26 3,210 * 47 46 47 __ * A * Ltd • Can class A • 25 22,643 Jun 15% July 27% Jan 36 21 Feb 43 1,050 91% • Ltd com class Co Manuiacturing Motor Co July July Foreign Pow Sec 6% Hinde Dauch & International 18 ¥2 Feb 1.2C May July 35% July 26% July 28 Jun 2.20 May Jan 63% Jan 100 Apr 33 Jun 100 43% Feb 57 ¥4 15 ¥e Jan 19 ¥2 July July MacLaren Power & Paper Co * 68 65% 68 1,400' 54% Jan 68 July Mica & Ontario Paper Co Ltd 60 Apr 74 ¥2 Feb Newfoundland Apr 47% Jan Mar 29% Apr Jan 35 ¥2 Jan Jan 41 ¥2 400 92 Jan 100 ¥2 630 13 ¥4 Jan 100 15% 15% July 43% July 16 July Jun Northern Power Corp 6% C N TORONTO STOCK Suez EXCHANGE STOCK EXCHANGE St. Telephone 225 2.25 200 1.40 Jan 2.25 Jan July 373/4 July Jan 30 May July 13 Feb 36% 4,900 28 30 1,285 24% 10 _ 10 37% 29% 37% 10 225 10 130 22 Jan 26% 26% 5o 52 51% 52 65 7 7 7 100 1st pfd—100 110% 110% 111 80 50 65 65 65 65 5 31 31 31 Ltd Stores of Canada 6% part pfd 2nd Co Ltd 65 Paving Co Power & 6% Materials Founders 15 Ltd Shares * 25% 15 138 50 25% pfd—100 50% 7 26% July 52 ¥2 May Apr 7 ¥2 Jun Jun 114 Jun 56 ¥2 Jan 65 July 13% Feb 33 May 110 ¥2 Mar 26 250 15 July common * 138 Jun 26 July 41 198 50 198 200 17 Mar 106 40c Feb 325/8 198 Jun 17% a60c. a60c a60c • — Feb Jan 198 * 193/4 20 ¥4 May 124 17% * Ltd Petroleum 115 138 * Canada Canal Tooke Bros Traders Class MTest, Montreal PL-9|>01 Apr 9.25 Mar 17% Jun Jun EXCHANGE CANADIAN 230 Notre Dame 10 ¥4 Jun 26% Quebec Telephone Corp common Supertest 8TOCK Ltd 8% May Apr Jan 7.00 10 Co 8% 10 100 * Pwr & 25 8.00 Apr Southern HART * 200 8.00 * Ltd Quebec Power pfd^_ Service Standard MONTREAL Lt 5 common 8% alO¥4 alO¥4 I Paul Sangamo SAVARD • 10 Mills 24 8% 8% 41 pfd___ 10 6% Canada Ltd of * B Ltd Ltd Royal Rice 40 class Power Co Ltd pfd—• Corporation 35 15% Co Distilleries Moore 31 ¥2 • Milling Leaf Melchers Mount 1,521 July Jun 1,357 Apr 4,393 Apr July 19 % May 41 % 8 ¥4 57% 33 43% 13 Jan 57 2 5 ¥4 42 47 Jan 5% 19% Ltd Co Jan 39% Feb 9 19% Jun 43 31 50 200 * Grocterias 75 39% 115 26% May (Walter M)_ Lablaw Feb • 8 " Jan Lowney Co Ltd Mexican Light & 26% 8 * Feb 19 May July 30% Mar 5 al2% al2% cl A—" Ltd 25 ¥a Jan Maple • 100 Paper Co Ltd (Cam Ltd Utilities July 275 100 Paints Interprovinciai 38 3.015 100 100% red pfd Great Lakes PaDer Co Ltd com 22% 500 5% * , Ltd Finance Corp class A B red —* preferred— 40 * 26% Apr 2,831 Jan 41 July 250 35 ¥2 Mar 39 May 42 ¥2 43 540 40% Jan 43 26 ¥2 26% 875 20 Jan 30 July May 37% 38 ' Trans Mountain Oil Pipe Line 60c 41 38 39 1 Local Branch: 1203 Phillips Square Union Branch 62 QUEBEC William OfficjjU Gas United St., New York Cira HAnover 2-0575 TR01S-RIVIERES - SHERBROOKE-- CHICOUTIMI - ST. JOHNS, P. Q. of Canada Corporation Waterman Watson - i k* High Jan 7% 95c — — * ■ 25 a4.00 a4.00 • Co Dominion Canada 3,075 10% " common Hosiery & Low 31% 10 class A_* preferred 13 ¥2 May 26% May 29 MEMBERS: A — 7 Canada cl 1st preferred conv Jan 35% Transport Packers __A Feb 35 preferred $5 Ltd Co Company Jan 28 Provincial B Brown Minnesota 32% * common 46% * Range Since Jan. 1 High 31 __ Columbia British 25 28 Ltd July Jan 2.50 July Shares 10% * Prod 58 - 35'A Co Jun 40 31% Mar 37% July % July for Week 31% —5 Ltd. Corp Fabrics 12 90 • of Canada Pulp & Paper. Development Co— 32% 750 38 18 Jun 9% 105 25 37 73% 16% May 100 • <V 49 32 42 Jan Jan Jun 35 1 Bros Auto Ford 8% 35 Power Corp 4% Arcan Fleet 29% • - 48% July 47% July Sales Range of Prices Low • Anglo-Canadian Anglo-Nfld Jan 8% * Tubes Jan Exchange Week's Last Par July 29% Placer Development Powell River Company Price Jun 8% • common Friday Federal Grain ■ Jan 42% 10% July » • * * Page-Hersey Jun 18 650 18% 36 41% Mar Apr 16 100 "22%. * 12 8 1,100 10% 145 1.75 - 1,000 3.25 Jan Jan 13 425 20 21% July 32 Apr 14% Mar 9% b Jun Funds Sale Price 'Consolidated 21% 31 146 * common 500 STOCKS July 9% Products 1,276 49 Canadlan Apr May 33% Ltd 3,115 47% 49 Canadian Stock Class 96% 100 Mills July 9% Noranda Steel Jun 32% Steel Car Flour Jan 105 9% com 48% 46% : 6% July Jan 35 33% : Mines Royal Apr * Chemical 45% 47% 10 * July * class A 45% 10 ( J. July common_5 common Drug & Penmans 113 g% * Oeilvle 110% 38 Niagara Wire Weaving Ontario Jan Jan 1,380 preferred ional 25 % 104 110 46 % Oil Preferred v Jan 16 • Morgan & 10 Scotia Jun 40 1,710 113 26 ¥2 Banks— Montreal 24% July 45% Lo^nmotivp National 20% Jan 25% / Jan Jan *"1 a— —_ 19% 46 B 4% % 25% a 25% • 1 Breweries Class 9Vb Mar 42 * (Robt) Montreal 125 9% July 102% July Feb 20 ¥2 3,069 Jan SI—-— 325 68,201 7,6% 10% Frontenac Mitchell Mitchell 25 ¥4 44 32% Exports 25 2.70 all ¥4 all% __ 100 Bloedel 25 ¥4 ' 43% 6% Ltd & 97 ¥2 .2.50 806 Corp Ltd priority Massey-Harris-Ferguson Jan 130 i Jun 20 25% July 11% Apr 42 Mailman 46 Apr 73/4 2.50 3.30 Bros Jan 17 43% Jan Jan 41 A 35 10 18% 23 52% May 1 165 £00 49% 52 Warrants Lewis • common K 5.80 Mar July 100 40 125 V 135 39 3,526 Jun 102 102 ¥4 102 ¥2 ; Jan 93/4 39 Feb A) 100 r 38% July 42 ¥2 10 48% c.ass Limited 12 603/4 - al8 al9¥4 al9 T j — 9% Ltd Dominion 23% July 25% May 50 Candy Shops 42 4.00 Jan 15 j 1,350 42 ¥4 common Jan 34 ¥2 Mar 15 V* 1,155 113 Corp common__5 Acceptance (Geo) Jun 3.45 Mar 13% May Feb 50 225 4.00 10 1,730 27 % 52 5 59 383/4 33 102 B Weston Winnipeg Central Gas Winnipeg Electric 5% pfd Zellers 58% 383/4 1,012 52 Ltd A Leaseholds Wilsils 50 58% 383% 4.00 class 1,925 pfd—25 (John & Works 33 Apr a__ 32 24% Apr 37% July a__ 42 102 (John), Ltd Sons Secord La'-rentifie all ¥4 all ¥4 Walker Gooderham Western Grocers Ltd Western 21 31% alio allO'A May 40 • Jan 40% n 34 Jan 11 y2 31% n July July 21 ¥a May 2.59 Jan 605 40% - 29 ' 100 J 10 Mar 42 common Cotton a , 10 n 25 Woods a50 -- 33 Commerce 8 52 preferred a50 Viau Ltd 18% May — Limited of 7% 123/4 Apr ■ 20 Interprcvincial Pipe Lines Labatt 2.90 123/4 Feb 1,875 • International 32 2.90 Steel 6y» 6% • Co 32 123/4 Oils United Canadienne 25 May 29 ¥2 Mar 23% Jan Power 23 Ltd Corp Stores Triad Rights » common International 1,375 32 ¥2 Jan 130 25 £1 International 29 20% 23% Jan common 190 4,834 Nova 96% 6% 40 37% Toronto 25 35 Jan 40 36% 37% Jan 50 Canada Power July 14% Mar 129 Jun 25% 25 Bronze of 985 350 8% 6% 30 Intl 21 34 25% Jan 12% ; 20% Jan 23 % 100 International 21 4 7% 15% preferred 34 18% 1,980 $2.00 23 ¥2 135 1,610 5,988 preferred 392 29 May 54 Jan 25 29% 28% July 50 Feb 245 28% —. 53 Feb Jan 35 28% common 8Ya 20 preferred Jan Apr ¥4 595 17% $4.25 50 35 25 17% • 44 110 Feb July Jun 19% common 39 615 35 com— 17% July 45 20 $1.50 , Canada 13 % May _i___100 Corp 5,564 49 ¥2 Jan * Accentance 53 49 49% a54 ¥2 Jan 17% preferred 50 a54 a54¥2 5 9% Mar L_* preferred 6% Industrial 57 35% 1927—50 Imperial Oil Ltd Imperial Tobacco of Canada Jan 15% 20 Mining 37% 50 4,461 ; 3,681 100 25 pfd— $2.00 preferred Hudson 57 2,610 a22 common 52% 3 5 Paper 13 ¥2 17% * pfd inc Jun 11% 24% Alabastine 10 ¥2 11% 23 3 1st Smith Howard 103% July a22 , Lime & 42 • 24% Ltd— 375 17% , —100 — Holt, Jan 22 %' _• __ 5% preferred Goodyear Tire 4Vc Gypsum 100 jl General Steel Wares common . 45 24% Dynamics General Jan 22% 10o preferred July 15 1 preferred , 11 25 Corp common General Bakeries 917 — 1 Power 1434 20 Foundation Co of Canada common Fraser Co's Ltd common Gatineau Feb 8¥« • A 11% 25 • Hi (T 17 6% Ltd Players 19% May 5% May Feb 42 common^ Corp Estabrooks /Famous Feb 16 __ -»_23Vi Eddy Paper Co class Electrolux 5 25 11 T_ * common Ltd Brewery 59 * preferred Dominion -Textile 1 125 al5 102% 103 ¥4 • Dominion Tar & Chemical •, 13 a5i/2 11 •. 20 Steel Dominion 13 * preferred Apr al5 100 Glass - a5i/2 __ • com Preferred Dominion - _* . 35 Foundries Dominion _ • preferred Dominion , May 11% High Apr 40 30 ♦ Dominion Corsets 38 50% common Steel Co of Canada common July 29% May 8% Jan 123 42 ,.. 11% Feb __2 common Jan 57 trust ctfs Voting Jun 15 May 217/a Jun 785 a29 14 V< 13% al3% — 7% Mar 13 - Breweries Sicks' 4.10 May 27% Wabasso Distillers 23 Co a27¥2- * of Simpsons 26 25% * Seal July 235 Low 34 800 14 * 26 ¥2 35 common Williams 2,355 8 • — Sherwin Jan 34 ¥4 5 1.195 26 % • A Mar 22 -- preferred 26% 26 * Glass- class 17 4% 515 —. 4%% B 19% • Corbys Jan A Class 26 • & 12% Series Jan 26% ■ Shawinigan Water & Power July 19 19 • J)—, Mining -s • Farm 2.85 90 Feb July Range Since Jan. 1 High 26% Ltd 26 10 . 25% July • Co 19 25 pfd_ St Lawrence Corp 15 625 2.85 Pacific Petrofina 15 Jan Shares Low common Royalite 90 10 151/ Paper Oil for Week —— Power 19% May 9% Jan 10% July 20 % July 23,790 a91 151/3 15% Warrants Canadian Consol May 10% * Coghlin 7 253/. • Cockshutt 1,350 -50 Canadian Rolland 8Vb 10% Companies 33% Mar Jan 23 Vi Locomotive Mar Sales Range of Prices Pa Quebec 18 10% Oil Canadian 29 High 24% Mar 7% __ 4 590 Week's Last Sale Price May 175 23% Canadian : 18 191/, » Preference 1,280 31% 25 com Canadian - Low iqia 31 8Vs 16 STOCKS 191/3 • JULY Range Since Jan. 1 High iq 25 — ENDED Friday Shares Low 25 — WEEK for Week of Prices Sale Price Par FOR Sales (L (Jack) E) & Westeel Products Western Canada Woods Pen • Co B Ltd 41% 43 255 33 ¥. 15 15 750 13 10% Ltd • 10 ¥4 11 ¥2 Ltd Ltd 2,025 11 11% 500 21 21 225 5 a20% a22 125 * a23 ¥4 a23¥» 15 • Breweries 43 Feb 10% 1—' 9¥s Jun 9% Mar 20% Jan - July 15 Jan 15 * Co .Ltd Manufacturing Co 42 * Ltd class July 10 ¥2 Apr July 11 ¥2 23 17% Jan 22 23 Apr 23 ¥4 Mar Jun May ; ( j 1 ; The Commercial and Financial Chronicle... 42 (286) Monday, July 19, 1954 CANADIAN MARKETS FOR RANGE Friday (Cont.) Canadian Stock Exchange Last STOCKS Mining Range Low Lead Mines - 550 2.85 Mar 3.65 7.10 1,40J 4.00 8.00 July 20,600 10%c 7,600 2.52 16 %c 16 %c 2.80 2.60 2.85 7c 7c 7%c 2,500 6%c 6%c ♦ _______ _ Ltd- 1 — Iron Mines 1 ... Jun Jan 31c Jan Jan 3.80 Feb . 7c 12c Mar 6c Jan 7c 23,000 10c „ Mines 1 Ltd 13c 11,270 10c July 35c Feb 10c 500 10c July 21c Jan Ltd——i— Bellechasse Mining Corp Ltd... Mines — Gold Mines Boreal Rare Gold tsouscadiliac Bouzan Gold & — Ltd. Mines Chimo Gold Mines Dome Dominion 3.30 Mines 3.35 31c ; 5,000 2.44 2.25 2.52 65c 64c 65c — 1.49 1.40 1.49 12c 17,525 4%C 6.00 800 10c 2,000 10c 4%c 1 Jan Jan 40c 42c 4,200 38c July 1.20 Feb 1.20 1.00 1.60 17,175 40c Jun 1.60 Juiy —-1 1.20 1.20 5,000 1.01 Apr 1.37 Mar * 7.00 7.80 100 7.75 July 10% Mar Great Oil Home Ltd Co Oil Jasper — New Bristol Oil Oils 2.35 May JUn 3.40 Ltd Mines Ltd Apr 1.56 1.25 100 1.25 July 7.45 7.75 500 7.00 Feb 1.95 Jan 1.26 1.25 Jdn Jun 11% Mar 1.80 Mar 1.45 1.44 1.45 1,600 1.25 Jan 1.83 1.76 1.83 3,360 1.24 Jun 78c 51c 80c 11,900 23c Jun 1,000 47c 1.83 July 80c July July July 47c 70c 58c 70c 13,200 50c May 95c 59c 58c 62c 14,063 58c Juiy 84c Jan 65c 70c 2,500 Jan 75c Mar Rainge Since Jan. 1 47c 47C 55c Jan 10c 4c 1.02 6c July 2 %c May 18c 18c 500 18c 15% 15% 18c 500 July 14 Jan - Canadian Fundi Feb Jun Friday 28c Sale Price Par 16% Apr 29c 9,000 24c July 55c May 47c 47c 500 47c July 61c Mar 88c 88c 500 88c Jan 1.15 Feb 3.95 4.20 3.60 Jan 4.50 Apr 75c" Feb 1.42 Jan Acme 2.40 Jun 3.10 Apr Admiral 35c Jan 3,500 Shares High 223/a 2234 6.824 16% 23% 247/a Apr 267/s Mar 6V8 Jan 25 25 25.10 2,185 • 8 73/8 8 2,i50 * ________—.——.——100 21% 21 % 22 1,325 17 105 105 10 100 1 9 %c 9%c 10c 14,200 * 15c 15c 15c 2,000 20 20 300 7% 7% Acadia-Atlantic A Preferred — common —— Acadia-Uranium High Jan 223/4 preferred $1.50 Low Low • 20 Paper common Power & Abltibl 24c 3.95 for Week Feb 47c 1 Sales Week's Range of Prices Last STOCKS 3%c Mar 27c : Exchange Jan Jan 1.21 May 200 1,000 Toronto Stock Jun 1.60 20c Feb 1.02 Feb 70c May 1.08 May Class Sullivan Apr 8.00 Apr 2.52 July 1.65 May 2%c 1 jEiast Ltd— Co 26,650 FfeD ll%c Jan Jan 6.50 43c 1.02 , 1 45c 10 %c Jan 1 __ Ltd Oil Westburne 1.40 8c 7.45 —1 —1 1 * Petrol-Chemical Oils 1.34 3.90 July 1.2b Mar 5.90 1 Development Stanwell Oil & Gas Tri-Tor 600 * ; Petroleums Ltd Quebec 1,000 1 Co Pontiac 31,500 8c 1 Ltd Petroleums fuciLic Phillips 1.77 6.85 1.72 V 1 1 _______——90c Ltd Oils Ltd— Oils Okalta — — 8c 6.85 1.75 1 1 Corp.———— Long Island Petroleums Ltd—— Merrill Petroleums Ltd 1 Mines Ltd. Feb 40c -1 Oil & Minerals Inc Oil Ventures Ltd—_—; Sweet Grass Oils Ltd__ Trican Jun 2%c 2 I Ltd 8c Feb 30c 5,500 1 — July 12% July 6%c 4,300 1 .__ 17c 2.70 Mar 4,600 31c 1 Ltd 14c 300 7c 50c Mines Jan Apr 9 1,900 Feb 2.80 Apr 2%c 158,450 6.20 Ltd 2.25 * __ Asbestos Donalda 35c 14c 24c 0 Ltd 750 July 60c • Feb 5c 1,000 30c . Ltd Mines 4c 10% 6.15 ____ Mines Ltd— Zinc & 3%c 10% ^ 6%c _ Cadillac Mosher Lead - 10% 2.00 May 146,000 7c _ Ltd Mines Explorations Coulee 17c —1 Ltd Canuego Consolidated Cortez Corp. Mines Central Consol 12c u Explorers Consolidated Feb 79c Jan Jun 1.04 July 31c __ Research Chibougamau 75c 16,500 39,800 Corporation Limited-* Centremaque Gold Mines Lta Chemical 37,000 40c 2.10 _1 Carnegie Mines Ltd Cassiar Asbestos 1.04 Jun 38c Mines Ltd- —1 Campbell Chibougamau 6c 5.50 2.90 May 2.05 1 Smelting Corp Ltd .l Uranium 2%c 16 %c -"l Ltd 1.500 1,300 38c 88c « Ltd 3c 3.75 2.00 1 vtc Mines Mines Brunswick Min Calumet Ltd Metals Ltd High July -1 1.64 Mar 1.32 July 400 , 3c 3.75 1 1 _ Belville 1.35 1.32 3.30 Beatrice Red Lake Gold Mines Ltd- —1 Beaucage 1.25 300 empire — Barvue Low 1.30 Gaspe Jan lie July 10c 12c 1 : __ 20c May Range Since Jan. 1 High 1.30 1.30 Ltd Pioducers Rio Shares ' _ Sulphur Mining Corp & 3.60 6.85 if Ltd Sulphur Avillabona 3.60 7.05 1 jutd Mines 3.60 Del for Week Low Par High Low Range of Prices Last Sale Frice Range Since Jan. 1 High Sales Week's Friday STOCKS Shares 1 Ltd Mines Mines Ltd— Ameranium Anacon Ankeno Atlas 16 for Week 1 Corp Uranium Arnora JULY ENDED Stocks— Mining Aconic WEEK Sales of Prices Sale Frice Par Algom Week's Jun 22 July 106% Jun Jan Feb " 9%c Jun 8V8 • Feb 16c Jun " Eastern 75 %c ,___ 44,200 2.87 11,800 17c 2.68 1 77 c 2.65 1 Metals Corp Ltd Smelting & Refining Eastern 17c 1,100 1 Oil & Gas Metal Mines Falconbridge Frobisher Geco Nickel Hillcrest 3.85 3.95 10 3.95 18 10% * Mines Mines Collieries Ltd Gold * Jack Feb 6.45 123/4 Feb Albermont Jan 19c 3,000 16c Jan 29c Feb Alberta 9,500 17c Mar 44c Apr Alberta 9.00 1,450 11 Jan 500 50c 50c 50c 15% 16% 1.99 1.99 2.20 49c 39c 50c 8.55 Mar 35c 51,400 2,425 Apr 50c 12 5,400 1 .. 5.15 Jan 16 V4 1.99 39c July July July Apr 3.35 Mar 89c Apr Distillers 2nd Ltd Mines Jaculet Mines Mines Ltd Jellicoe Mines 2c Ltd Jardun 1 — 2c 2c 500 Mar 3V2C Jan 13 %c Mar 9c 9c 9c 2,000 8c 26c 24c 27c 16,600 17c Jan 38c May j' Zm'im 25c 250 500 15 V2C Jun 25c 47c 63c 54,000 42c Jun 70c July 10c lit 6,000 5c. Jan 12c July 4c 4c 2,000 3c 7c Jan 60c 60c 500 "60c Jan 1.00 Apr 1 15c 15c 500 13c Apr t V- Ltd—.; ._1 ' ._1 61c ; Jun 4c Mines Kontiki Lead Ltd___2 86c 1.55 100 30c 500 7.15 68,831 67 41 42 65 67% 25% 26 , 25 1,218 -.255. -107 107% 107% Labrador Mines Ltd— Mining & Explor Co Ltd 1 Lafayette Asbestos Mines Ltd Mines Lavalie Ltd— ■ Jun Louvicourt Goldfieids 7.50 25 Jan 13c 3,000 11c May 24c 5Vac 1,000 5%c Feb IOV2C 7c 11c 38,000 3c Jun 11c 18c 20c 6,500 13c Jan 7 Vac 1 Jan 10 % Mar 5%c • Ltd______ a9.00 28c 11 Vac 12c l Ltd Co a9.00 —1 * Lingside Copper Mining Mclntyre-Porcupine Mines Merrill Island Mining Corp Mining 19c of Ltd 1 < l Ltd Canada Molybdenite 60 % 62 31c 305 34c 60'/a 31c 7,500 54% Jan 20c Feb Corp Canada of 15'/a 15'/a 940 l 25c 25c 25c 3,050 19c May 1 67c 67c 75c 6,400 60c Jun • Mogador Mines Ltd Ltd Nesbitt LaBine New New Uranium Mines Mines Ltd Formaque Mines Ltd 1 Ltd._ 2.70 500 60c 60c 500 „' 1 "U" Larder 2.70 2.70 1 ______ New Island.Mines Pacific Coal & Oils Ltd., New Santiago 6c 1 ;•! : New Nib Vinray Mines Yellowknife —■ « 6c 3,500 91c ' Amurex 12,000 85c 86c 3,600 75c 12 %c 13c 10,200 12c Jun 9.40 9.40 125 2.85 12,425 Jan Apr July 27V2C Jun Nocana Mines 2.73 5%c 6c 10V» Feb 66 4.65 4.95 Apr 15 25c 52% 52% 7%c 24c 21c 26c 90c 125 36c 37c 91c 600 > 1.45 Mar 60c 5c 2.70 July 70c Mar July 10c 90c Jun May Apr 1.05 Jan 4,500 common Pato Parbec Pitt Uranium Jun Aumacho 6c Jan Awtinr Apr 9c 15 %c 16c 17,500 9c May 16c 18c 6,500 1.90 Mines Gold Mining Ltd— Co 4,000 28c 500 3.50 4.05 3,700 24 %c 2c 2c 10,600 20c 4.00 1 2.13 18c 2c 32,000 IV2C Jan 1.10 13c Mar Jan Apr Jan Quebec Copper Corp Ltd Labrador D°v»l Co ' River 500 7c Jun 12 %c Feb 11c Jun 24c Jan 27,100 36c Mines Quebec Nickel Corp LtdQuebec Yellowknne Gold Quemont Ltd__j l Mining Corp Ltd Radiore Uranium Mines Lld_ Standard Gold Lake Min°s Mines Tibiemont i Gold Tobrit Silver Trebor 3.90 — . 1 Ltd_._ __ 2.53 Jun 34c 4.05 Jan July 36V2C July 3c Mar Bankfield Consolidated Bank Montreal of Ltd 3.25 1 7c * Fields ___. Mining & Oil Mines Ltd Mines — ZZZl Ltd Mines Ltd — 1.50 l l 2.10 Ltd Uddlen j — — United Asbestos Corp Ltd Mines Ltd. United — Mines Pyrite & Wendell Mineral Western Oil Mines * Copper Copper 12% 1 Products Ltd Tungsten Westville Ltd Mines Ltd.; 14c Jan Barnat 45c 45c 1,000 40c Apr 70c May Barvue Mines 4c 4%c 5,000 2%c Mar 5c Jun 19 19% 350 14 Mar 23c 1 Ltdll 1 — • 62c 2c May 1.16 July 20 Jun 91c 15,500 7c 7c 500 3.90 4.CO 490 12 %c 14 %c 5,000 9c Jan 25c Jun 4,500 5c Jun 12c Jan 250 6.50 Feb 8 rQ ADr 19,533 1.70 3.55 Jun 5c 5c 7.60 3.10 3.35 " 66c Feb 1.00 7c July 12%c 3.75 May Feb 7c 7c 3,500 10c 11c 2,500 4%c 4%c 3,000 4%c May 1.50 1.50 1C0 1.25 Mar 2.07 2.10 55,300 10 %c 12c 3,000 17%c 17%c 1,000 6c Mar 7c Jun 1.14 16c Jan 14c Jan 172 Jun Jun Apr 10c Mar 30c Oils * oil Petroleums Co Ltu 16% 17% 800 14% Feb 1.61 1.73 800 1.61 July 12% 12%- 200 9.10 Feb 3.40 22c Feb July 20c 20 Bank Calalta • Petroleums Ltd__ 4.90 20c A_II_l 2.15 11c July 16c 1,000 6c May 11c Jan 9c 8c 9c 1,200 6Vec Jan 13c Mar 17c 17c 18 %c 4,498 15c May 39c 9 %c 10c 1,577 8%c Jun 15c Feb 2.15 1.600 2.45 Jan 9% 9% 300 4.00 9c 9%c Devonian 25c footnote* Petroleum spp nagp 45 • July 38c 50 11,433 5c Apr 15c Warrants ■- —.— Mar 92c 2%c 3,000 2c Feb 4c 33c 4.90 4.90 200 4.75 Jun 5.60 Jan 20c 21 %c 17,900 19%c Jan 36c Feb 30c 30c 11% 300 1.65 1,900 500 22c July Jan 19%c Feb 3.90 5,006 3.70 Jan 5.40 Feb 2.10 8,420 1.73 Jun 2.55 Mar 5%c 5%c 5.100 5%c July 8 %c Jan 13c ~ 6.000 14c 12V8c May 46 46 48 11.545 35% Jan 48 % 47 46% 48 1,600 42 Jan 48 July July 50 265 41% Mar 50 July 5% 6% 200 2% Jan 1.03 1.03 1.06 7,300 1.03 July 1.36 1.26 1.36 10,075 45c 40c 45c 11,280 1.95 1.89 2.00 6,100 14c 15c 10,100 14c Feb 20 c 20c July 49 — • Baska Rata 6% July 1.39 23c Jan 3.75 July 69c 5.35 Apr Feb 90c Apr 2.00 July 1.40 Mar Bathurst Bathurst 49,025 17c, 18c 18,475 15c 1 21c> 22c 4,950 21c .—* 51 51 260 — Mining Power class A Beattie-Duquesne Beatty Bros Beaucage Mines Ltd Beaver Lodge Belcher Mining Corp Bell 25c 18c 22c * Ltd Telephone Bellekeno __— 1 * 1 * 1 25 1 Mines 20 %c 50% 41 % Jun Apr 19c Apr 64c Jan 27 %c July Jan 30c 30c 32c 12,642 4.15 3.20 4.15 14.825 51c 46c 51c 16,700 40c Feb 6,200 38c July 300 6% 38C 40c 40c 18c 6% Jan Feb 2.90 May 47c July 50c Mar 7% 5.50 76c 50c 44 43% % 14.072 39% Jan 44 % 11 %C 14c 19,600 9c Jun 24c 3.50 3.50 44 Belleterre 1 Quebec 1 Apr 40c Jan 9 Jan 13% Apr 2.95 Mar 100 3.40 Mar 4.50 T| Gairdner & 40 Wall Company Inc. Street, New York 5, N. Y. — WHitehall 4-5335 / Canadian CANADIAN SECURITIES Affiliate) Limited Members: The Investment Dealers' Association of Canada Investment Bankers Association of America Gairdner, Son &Company Members: The Toronto Stock Exchange Montreal Stock Exchange Canadian Stock Exchange all offices Feb Jan 51 13c Wire system to 29c 1.40 Mar Jan 1.70 May 1.26 July 40c • Uranium Mines Petroleums Jan 1.58 4.50 Mar 4.00 Mar 9c Apr 3.80 5.813 Mar 200 10 Apr 2.00 1 1 * Barymin Co Ltd Base Metals Mining May 38c 3.75 8 Jan 1 — Jan 2.500 11% 1.58 4.00 9%c 1.96 Mar Jan -—1 Jan 4,500 3.75 Calgary & Edmonton Corporation Ltd_* for 500 6c * Traction 12% July 10c 10 %c 2,600 Feb lie 6c 10 Toronto of Barcelona May 61 %c 68%c 2c 16% 10% Mar 11c 4.45 July 1.00 Jan 32c __H_l Ltd Eailey Selburn Oils & Gas class Canadian 6,326 Jan May 6c Gairdner & Company Limited Anglo-Canadian Antone 12% 13c 10 Stocks— Altex 12% 19 Apr Jan 400 14,000 Jan 2.10 3,000 ■ Apr 18c 22c 23c 10c Jan Mar Apr Jan Jan 8c July 4.25 10c 4.10 20c 6,600 10 Mines 22c 16% Mines Amulet Weeden — • Ventures Ltd Waite May 4.00 Montauban Violamac 10c 89c 210 9c 1 Oils 1,000 16c 63c Mar 15 Va 17 50c Bailey Selburn 500 Feb 43 12% 1 Ltd. Mines Oil & Gas class A Bagamac Banff 4,500 Apr > 17 8%c 17 Jan 23c 10c 7.40 l 1 Ltd Trans-Dominion — 1 Ltd; Steep Rock Iron Mines Sullivan Cons Mines Tazin 90c l Ltd- Steeloy Mining Corp Ltd Tache — ___i Mines Mines . 4c __* Roy ran Gold Fields Ltd snerritt-Gordon V 42 8%c 4.00 11c 7c Jan July 1 _. Mines 1.00 65 %c 98 10,000 * 11c 97c 1 Feb 8%c 1 10c Ltd Jan 82% 11c 12 %c rinlfl 95c — _l Quebec 12% 17% July 1 — Bank of Nova Scotia Quebec Chibougamau Gold Fields Ltd_l 2.55 Mar 65c 8%c 11c w- 28c : Jun 165 Jan 18c _' May n'- 35%c 3,050 July : Mar 1 Aumaque 11c 2.01 Jan 35c May 80c Feb 6c 2.10 Mines Aubelle 35c Jun 1 Ltd—_l 17c Apr 13c 98 1 Atlin-Ruffner Jun Jun 1 46c f - 17% • Yellowknife Jan 4c Ltd Jun 97 1 Atlas Steels Atlas 17c 6%c Dredging Ltd Mar 3%c July. 16% 42 3%c 5,500 (Quebec) Ltd 1 Mines Gold Cons Jan Jan 53% May Jan 97 .10 3,500 IIV2C Mar Jan 9c 6.00 -<• 17% , Armistice 3,500 16,500 , 3.80 . • > .00 Argus Corp 4c 9c 16c Feb * 27c 47/8C i * 7c 56,900 90c >/ 21c 7,550 ._1 . Feb Jan 13% Jun 48 % 34,366 4c — Mines 4c ' i Opemiska Copper Mines Orchan Jan 23c > ' 4.60 July 3,250 7c 3%c — Corp area 27c 7c 3%c — Cons Res Aouarlus Porcupine apex Arcan 24c 1 — Mines July 8 V2C __ Jan 1.03 5c 20 * Mines Anglo Rouyn Ankeno 1.75 Mar 4V2C Ltd. Feb '-36c - • 2.50 4,548 .50 July V2 July 1 Ltd (1945) Mar 9.40 July 2,000 4.65 * Oil 2.58 5%c _1 Petroleums Avillabona Obalski 22c 33 3/4c ______.11 Ltd - Jan Anacon Lead Anglo-Canadian 24c 27c 50c Ltd Mines Jaw •"•'7- 18%c 23c Yellowknife ' Mines Ltd Apr Jan II %c 22c »: Apr 108 IWm 150 22c —50c 1 Oil class A—5 May 67% July , .26% • Ltd Petroleums -1 New Calumet Jan .,.23: 13c 2,000"- Feb May 8.20 July _ 38%.Mani'-<rV Z 48 13c 1 l A Jan 2.15 40c 3.25 Mar .-,46 Jan 1.48 July 13c • Zinc - - Jan 1.00 Jun 1.55 May - Feb July 85c July 26 %c July 9,43.7/ ■ 8% 10 Apr 50c I 1 Nepheline American Anchor -I Keymet 1st pfd— Larder Leduc American 24,450 - July July 1 voting 95c 6.55 41% preferred Amalgamated 76c 86c 7.15 • Canada of 3,500 30c • Ltd Aluminum 80c 1.55 1 Uranium Mines Ltd Algoma Steel Aluminium 76C 1 Aigom American Lake common Consol Pacific 200 7,100 95c 20 7j/4 July 9 10 52c 52c * * Petroleums 600 10 • 1 Petroleums Akaitcho Yellowknife ADr 20c Jan July 50c 10 AJax 38c 157/H — — 3.85 July 525 ._5 Ltd. July common Preferred 8.90 * Mines Feb 18 35c 35c 1 Ltd ' ._1 Hollinger Cons 14'/8 2,400 ■ July 19c • Metals 17c 1,500 1 Mines'Ltd Gold 17% * Uranium Gunner Ltd— Ltd Mines Por Mines m Limited Grandines Gui .1 1 * Corp Agnew-Surpass Fab 15c 20 Feb Jun Apr Jun July Apr Jan Number 5343 Volume 180 The Commercial and Financial Chronicle ... (287) CANADIAN MARKETS RANGE Friday STOCKS Week's Last Range Berens Beta Bevcourt 50c Bobjo Bonville 3.50 Cordage Brazilian clasjs A Traction Red ordinary • Lake 1 Brttalta l 4.20 Petroleums American Oil 4%% • . British Columbia Electric 4% preferred B Mar Jan 7c 3,600 6c July 10c 9 Vic 16,500 7c July 20c Mar 19,500 49 6,600 4.20 7,750 20'A 78 Jan 52 52'A 220 48 Jan 7'A 7'A 5,920 - 15'/4 40 11% 12 25c 16'Ac 25c 187,813 1.40 1.45 8% 8% ^7c 8c 10,100 8'Ac 9c 1,000 Mining & Gold Buffalo Red 18c 9,550 10% 9.95 11 5'Ac 5'Ac 6,000 class 1 __ Gas // Preferred Canada Foils Canada Canada 8'A 26c 100% Jan 14c 3,000 12c Jun I,100 10c 8.00 5,305 3.00 3.00 200 49 49 50 28c 12 21% • 11% 12 21 21% 59'A * 265 60 6.70 Jan 2.85 Feb 28'A 250 3.10 Jan 120" July 31'A May Jan 7 'A Mar 12 500 ~ 19'A Jan 23 51'A Jan 60 Jun 12'A 3.10 3.05 3.35 2.00 A 600 40'A 41 750 36 Mar 41 36% 37'A 565 31 Mar r__.; 75 125 58 Jan * Mortgage /Canada Southern Petroleum Warrants .20 Ltd 1 2.02 ■> 12.50 & Cable class B 2.00 2.12 10'A Feb 4.35 Mar 1.75 2.75 July 1.55 400 24 24 25 24 .v 13 13'A 300 67 67 130 __ * 67 Canadian Admiral Oil. * 25c 23c 25c Canadian Atlantic Oil. II,482 2 3.25 3.25 3.80 4,075 Canadian Bakeries * 1.90 12'A Apr Class Car • • —20 $1.00 Celanese common preferred $1.75 preferred Canadian _ Chemical Canadian Colleries & 25 _ • Cellulose- (Dunsmuir) 3 12'A 42 'A 26'A 26'A 26% Decalta common 27 25% 26'A 20'A 21'A 925 16'A Mar 22% 1,710 18% Mar 2 3'A 19 19'A 925 18 Canadian • 31 32 8% 7% .. 8'A 7.05 7.25 61c Dredge • 5% *- Oil Cos 865 Apr 7,796 30 May 29 preferred 19% Feb 6.70 Petrofina PiDe Canadian Salt preferred Producers.. Canso Gas Central class Lake Coin 52 55 101 102 26 Jan 27% Jan 1.70 Mar 7 Feb 8.00 Feb 45'A Jun 10 — 55 Jun 100% 17 Jun 1.50 312 1.50 July 3.00 802 5.00 Jun 11'A Famous Fargo Apr 64'Ac July 1.00 Jan 7.00 Jan 2.70 July 70c 4,900 5.80 3,675 7 2.50 2.55 750 1 4.70 4.65 4.85 • 1.47 1.40 1.50 2.39 4,350 68c 70'Ac 2,310 1 13c 1 1.13 L_1 50c 3.55 May Jun Jan 3.70 Jan Class Apr Fibre 2.43 6c May 21c 2,500 13c 93c 12,900 83c July 1.45 10% Mar 1.52 Cos Jan 15'A 15'A 26c 29c 24,800 39 40 1,620 15 '/a 15'A 120 15 14'A 15'A 4,669 13'A Apr 15'A Jan 103 'A 103% 155 99'A Jan 103% Jun "7,630 11'A Jan 1,425 14'/a Jan 16% Apr 22c Jun 54c May 31 Feb 40 July 16 Apr July 6.50 Mar - " Mar 14 14% 14 14'A 125 11'A 11% 11% 2,245 25 24% 25'A 1,975 8 7% 8% 8,250 7'A Mar 23 23 23'A 1,050 20% Mar 6'A 6'A 1,580 40c 47c 45'Ac - 1% 15'A! July Jan 14'A July 13% May 9% Mar 78,100 18'A Jan 6 25'A May 9 Feb 23% Apr 8'A Feb Feb 35c Jun 62c Mar 25 25 393 19'A Jan 25'A Apr 20c 25c 22,500 20c Jun 43c Feb 22c 21c 25c 59,925 15c Jun 70c 72c 59,900 May/ 27c 70c 69c Jun 7'Ac 8'ac 2.40 2.35 2.57 33,825 95c 88c 95c 26,700 4.00 3.90 4.15 4,000 75c 70c 80c 27,300 5 5 150 4'A 5'/a 100 5 3,000 7'Ac July 1.90 1.09 Apr 11 Vic Jan Feb 3.55 70c 3.45 Feb Jan 80c 1.17 Feb Jan 4.50 Apr July 1.43 Jan Apr 6'A Feb 5'/8 July 6'a Feb 29'A 60 25 July 31 May 25'A 25% 75 22'a Jan 26 Jun 64c 65c 8,625 42c Jan 69c 4%C 5'Ac 4,166 4%c July 8 8 4,000 7c Jan 14'Ac Jan 18c 19c 1,500 17c Jun 43c Jan Jan 24 Jun 5c 18c 24 24 2.75 2.75 175 15c 17%C 11,700 75 15c 90c 83c 90c 13,000 28c 3,700 17'a 20 2.75 Jun 15c Jun 54c Jan 18c Jan 3.00 38c 18'a 24% 8,491 14'a Feb 24% 5,242 19 Jan 22'a 23 535 20 Jan 1.18 1.15 1.19 5,300 25 25'a 190 8'/bC 8%c 1,500 3.40 3.55 2,430 40c 47c 53,500 40c July 12c 12c 1,000 12c July 5 5 175 Mar 5 1 43 %c * Feb 7c May 3.50 3 Jun Feb Feb 23c 8%c 1.10 Jun 19 Jun Jan 1.07 18'A _• common— Feb 25c 2 2'A 1 Mines Jun 10c 24% —* 18'a July 24% July 24 Apr 2.10 28 Apr Jun 13'Ac Jan 5.05 Apr 68c Apr Jan July • 1.80 1.80 1.80 2,900 • 91'a 90 64 Jan 100 Apr 17% 17% 91% 17% 1,024 * 250 12'A Jan 19 May • A 20 19»a 20 2,015 15'A Jan 20 Jun 4.15 21.295 84c 7,450 84% 80 v • to June 1956)__ -100 3 95 70C 84'A 3.80 70c 84'a 1.15 Jan 3.80 July 30c Feb 84'A July 2.20 May 5.20 Feb 1.08 May 92 Jan Jan Feb Gaitwin Exploration 1 Gatineau Feb Apr 25c Jan 33c 33c 37c 5.883 30c Jun 78c Jan 25 24'a 25'a 4,367 20% Jan 25'a July 110% 110 (4 Gas Exploration of Alberta Feb • -100 Jan 1.74 Mar 1 5% 13% Jun 2.54 July Power common preferred preferred Mines Ltd- 17c 18c 2,800 • 16'Ac 75 104 Jan 112 113 113 113 60 109'A Feb 113 1 9.80 9.75 10'a 12,027 General Bakeries • 7'/b 6% 7'/8 2,150 5'a Jan General 3 51'A 50 51'a 531 35% Jan 52 May 58 Jan 78 July 5'a% ——_———-100 L— Dynamics 4'Ac 4%c 21,500 4c Apr 7%c Jan General Motors 31'Ac 37c 13,900 28c Jan 58%c Apr General 63c 60c 65c 9,800 40c Mar 66c 1.30 1.54 153,325 111 5.55 Jan 13 7 % July July Feb July July • ctfs 1.47 2.00 1.90 2.00 67c 74c Jun 1.64 Jan General 1.90 20,541 July 3.00 Apr General Jun 1.20 Feb Giant 1.15 Mar Glenora Geneva 61c 65c 60c 5,200 I 1 77c 70c 77c l 90c 87c 93c 8,712 i._* 7% 7% 8 537 9'Ac 10'Ac 3,500 __1 1.02 315 74c 65c Lake Jan 3.90 14 -.25 A (extended 4%c * Equipment 32'A 1,810 —1 . debentures 33'Ac 1 ... 15'A —* 25c . Apr 2.05 Mar Jun 4.15 29'a common 1 Mining Corp Jun 24 Jan __20 __ common. 1 " ,_ 12c Jan 85c 1.25 20c 25 250 class Frobisher Ltd 22c Jun May 1,000 1.25 3,470 Jan 2.25 Mar July Jun 5% Co .1 ... 15'A 103% — Manufacturing Warrants 13c 182,419 30- 1.00 May 1.20 12c 1 B- class Motor 4% 93c 2.54 500 Apr 42c * Fleet Feb 3,000 18'Ac July • Ford Foundation Jun 4,520 2.18 46,387 1 Ltd Products 5.75 14c 50 Jan 20c 22'Ac' 39 warrants 2.50 1.14 1 1.10 16 23c _1 Iron B 85c 6'Ac 13 27c 1 Kirkland July 1.05 13 July _1 Grain Geco 13 15'A -23.50 Players Mar 1.40 67c 20c 85c 60c 64 Jun 6y8c l • 13c 1,300 1,000 27c Oils Fraser 2.55 Jan 67C 1 —. Fenlmore 5.50 6.25 5.00 67c Feb 1 Insurance class Ltd- Apr 1.50 1 Life Flooring 15 5.40 65c Jun 1 1 Federated Petroleum 5.45 6.15 • 100 • Federal Feb 70c Mar 3.25 8,140 1 Jun Jan 6.15 Mar 10c 13 150 10 Jun 2.01 • 18c 500 345 1.49 _ Fanny Farmer Jan 34'A 1 May 15c 1.32 Falconbridge Nickel Apr 55 1 July 12c 3.90 • Machine 27 Jan May 4 7'A Mar 4.50 29% _ 102 Jan 6'A Jan 7c Jan July 13'a 13'A 29% ——" Federal 1 15c 44c 4.50 13'a Warrants July 125 Ltd 34 9'Ac 22% May Jun 6.25 3,110 1,255 7,500 . Corn 12 70 25% 47'a 8c 1 Eureka 96c 220 46'A 46% 1.43 Glacier Equitable Jan 1,300 Mines Farm 25 91 15,940 Oils Mines 13 . Cockshutt 500 10 102 1 Willians 6.75 10 145 Jan 16,000 Gold 1.02 July 21 Jan 60 Jun 1 Estella 63 • trust 6.75 3,427 116 130 • com Invest Pen-Rey Sol Erie May 2.50 Chemical Voting 21,226 26 90 • ! Washing 4.15 Mar 13 Gold Cochenour 640 1.05 16% Mar 105 Jan 2.40 Corp Ltd Cobalt Consolidated 19'A 96c Jan Jan 62'A Chibougamau Explor Cobalt El El 13 Uranium Chromium Jun 63 Chateau-Gai Wines Chemical Research Chlmo 26% 18% 1.02 26'A July 18c 145 16c Elder Mines Jan 67c 2.40 Oil Mines 2.79 Apr Jan * Oils Chesterville Easy Feb • Chamberlain Oil Cheskirk 63 6c Centremaque Gold Charter Steel Emerald 10 __1 A Porcupine Centre Metals 1,000 26'A 17c 17c 145 6.75 Mar B class Patricia Central Eastern Eastern Jun 2.95 Mar 4,242 30c 90c 87% 1.35 Mines 40c 26 Explorers Leduc Central Sullivan 40c 6,900 May 90 1.05 __ 40c 35c 9%c Mar 56c 17c 15c Mines 2.25 30c 2,500 Jan 7'Ac Mar 1 Mines Nickel 2.15 35c 8,480 1.20 : Malartic Rim 2.15 jspueffe: 100 Trethewey Central 79'Ac Feb 32'A July 1,55 500 75c • Amphi East East 96 12'A 7'Ac 71c 71c 1.05 Minerals 33 * Oil Producers Ltd.. Cariboo Gold Castle East Jan Minerals Williston Asbestos & 33 * Canso Casslar Oils 33 100 7'Ac Apr July 30c 1 Economic 15 July 16c Gas_ Eddy Paper class A— 969 17c * & Feb 170 2,000 1.25 com_ _ Jun 105 19c 1 Oils East 27c __ 2 4'A 2.82 17c 1.05 common 66 _ Wirebound National Textile Jun 15'A 11 19c --35 _ . Feb 105 16'A Jan 1 common Anr 15'A Feb 9 2.50 _ Invest 4.00 15'A Jan 9 Coal & 50 35c 10 50 20'Ac Brewery Dtivex n Jan 1.75 580 "45 11 67c Dyno Mines Apr 9'/a Feb Jan 16 • 22'A com Wallpaper Canadian 18c 70c Apr 4.05 16 _ 12 33V3C Co Corp Canadian Utilities pfd (1954 Canadian Vickers Canadian Scottish Mines Dragon 9.60 Mar July 4,000 37,090 23 11 1 pfd 100 25 Ltd Line Tire Dairies 1,270 1 Prospect Canadian 61c 19c 1.65 2.82 Canadian Canadian 21,365 Dow 34% Mar July 1.55 14 Jan 11 1 66 __100 Canadian Canadian 70c Jan Jun Feb 6% May 1,110 i 14% 2.65 July 14% July 13% Jun • 4.00 Warrants Canadian Oil & Gas Reserves Canadian Pacific Railway. Jan 14 13% 10 24'A • 10'A „ 4.00 common 1,945 Bank 24'A Canadian Malartic 14'a Asbestos * Oils July 2 63% 4.00 100 Homestead Canadian 66 ♦ A—* Preferred 3.00 t 10c Canadian Fairbanks common Canadian Food Products class Canadian 1.60 16% 500 _25c Mines Donalda 24'A Mar • Petroleum 7,755 3.25 Seagrams Dominion 21'A Jun 21'A 19c Devonian 22% 3.00 Ltd Dominion Magnesium July July 26'A Warrants Canadian 22'A 3.10 1 Preferred . Canadian 22% Ltd Dominion Tar & Chemical 21'A 31 Jan May * _ Jan 22'A 7.15 5c 9,470 11c 1 Producers Stores Jun Jan 18 Jan 11'Ac A Mines Dominion 10'A 32% 105 Jan 1.05 Apr 50c Steel Jan Apr 8.00 Jan 1 Donmiiun 25 19 20c July Mar July 1 Minerals Dome Jan 2,238 18% Jun 4.30 7c Mines Rio 10c 47c 6.25 Mar 12 _25 . 5'Ac —* 50c 22 5c 5 • 69'A May July 42 1,926 5'Ac 4,505 1 class 60'A Mar 12 v. 13,100 100 . Dominion Foundry & Steel cornPreferred 19'A • common A Canadian 855 67c 96c Mines 23c 21% 5.00 61c 43,568 55c - Jun Products Steel July 1.43 Jan God's Mar 1.08 Jun Wares 11% Jan Goldale Mines Goldcrest Jan Apr 10'Ac July Golden Mfg class A Lake 78 271 5.00 Voo 200 5.00 Mar 44'a • common 44'a 95 42% May 7.00 47 Apr Mar 11% 652 10'A Jun 16% 4'Ac 4'Ac 4'Ac 2,500 4'Ac Jun 9%c Jan 1 Mines 11'a 1 Gold 8.00 8.00 8.15 2,474 7.70 Jan 9.70 Jan 1 3'/8cMar 3%c 8,000 71c 69c 72c 17.400 1 i 3'/8c • Gold Manitou 77'a 5.00 * Gold 65c 7'A 1 common Lake Yellowknife 65c 7c 8 - Petroleum 24c 24c 25%c 5.700 23'Ac 4,700 ll%c Jun 6,480 1.35 Mar 1 12c 1 1.45 12c 12 %c 1.40 1.50 65c Mar Apr 5'Ac 1.00 37c Jan Feb Jan Jan 23'Ac Feb 1.91 Apr For footnotes see page 45. / Feb * Dominion 40% 5,146 11c 4.30 1 Dominion July 41 —10 10'Ac * Dome Exploration (Western) 28% May 13'A Jun Jun 10c 65c 1.70 21c July ll%o Apr 1,250 Corp Patricia Dominion 3.25 Feb 8,800 common. 3.85 Mar Apr Feb 5c 100 Gold Distillers I Canadian Bank of CommerceCanadian Breweries Canadian Canners Canadian Box 4.10 Apr Jun Jun July 10c 26,350 July 75 1.50 July 23 93c 205,693 8c .• Devon-Leduc 12% July 3.05 July 1,405 1.50 * common. Preferred Wire 596 4,300 50,460 21c 2.65 Mills Dominion Permanent Canada SS Lines Del Detta 37'A July 75 * 12'A. 1.05 6c __<■ Oils Delnite July May 70 b : 93 c 16'Ac 29% May 1 B D'Eldona 3.90 May Jan 7%c Mines Leather Davison Apr 1.97 Pershing Class Feb 1 Paper D'Aragon Feb 3.50 7%c Zellerbach Davis May 59c 35c Jan 2.26 voting .■ Crowshore Jun 49 12% • class Dist Nest Coal Crown Jan Jun 1.72 Mar 22 Feb 40c July 7c Jun 8.50 Jun Mar 84 Feb 3.45 45c • Trust Crow's 2.30 May 53c 8%c July 97c 4.30 <• Uranium Crown 5.50 Mar July 47 Croft Jan Jan 14c July 2.20 Mar 70c Jun 20'Ac 1 : . Pete Imperial Croinor 105'A Jun 21'Ac Feb 2.35 Mar Lands (H) Corrugated Apr July 3.95 31'A 7,012 1 Class B July 13'A Jan 7,774 * Power Corby 14'Ac Mar Mar 9 8,370 10 West Crestaurum 15c 10c 10'Ac 30% 27% I Coulee Lead 3.40 20 23,744 25% 1 Conwest Exploration Cosmos 290 2.38 26'a Jan July Apr 120 2.25 0 ___ Feb 6c 45 Jun 111 2.25 Jan 10 Sannorm July 4.25 115 V2 4,500 • Consumers Gas 23 7.65 • 17,795 16c 10c 16,700 2.70 14c Smelting Rochette Consolidated 59 49 9'Ac 2.50 • A Jan 29c Jan 3.25 * class Jan Jan 7 3.95 common B Canada Jan 7.so 50 _ Packers Class 15c 3%c May I Consol May 9c 1.75 Oil ..Canada 13 3.35 Warrants Canada 25c Mar 4.00 common Canada .Northern Jan 9 1 Iron Foundry.. Malting Canada 14c 1 common Press Jan 20 25c 8%c Consolidated Ranwick 19'A ,■ Canada Cement Consol 37'A 13c 21c 1,000 9c Ltd Consolidated Peak Oils Jan 5'Ac July 1 preferred Apr Jan 84 43,200 3,325 3,500 1 13c 200 11'A 13,880 16c _ 18'Ac 270 18c 19% c 25c 40c 2.55 Jan 12c July 38c 1 29c 1.83 May 40c 40c 1 Jan Jun 30c 49c Jun 38c 1 1 Lead Consolidated Mining & 54 102 'A 102 'A 13c Halliwell Mar 40c 1 Consolidated Micmac Oils 8'A 10% 24c l Howey Matarrow 8% * & Consolidated 52'A 1 Bread 7c July 7V2C Mar Jun 23 1 : • 8'Ac Oils Oil 21c Arrow Guayana Orlac 1,500 Flin Campbell Chibougamau Campbell Red Lake 5,351 Lake Mines Nicholson 9%c Callinan —: 11,510 45c 26'A 41c 50,357 Consolidated Consolidated 9'Ac Calnorth Flon 55c 1.92 Jan 40c Consolidated 2.25 12 Jan 11 v4 65c 47c 1.85 40c Jan Jun 35% 18'Ac Jun 50c 1.92 Mines Crest Jan July 8'A 100 1 Jan 49c 1.40 7,000 1 44c 1 7'A July 16'Ac July 8,700 Calder Bousquet Calgary & Edmonton Calgary Power preferred Jun 2 45 22% 22c Mosher 18c • 1,700 Consolidated 4%c • Feb 25c Jun 4c B 6c 25c May Jun 17c A 4c July 44'A 9%c 2,200 12 • 1 6c 17 2,505 5%c • 1,000 7c 23'A 1 Lake.. Building Products Bulldog Yellowknife Burlington Steel class 16%c 1 • 12c 4'/aC 1 Consolidated 1 Smelting ... Canadian 8,200 4'/8c l Denison Consolidated July 6'Ac • Jun 28 —1 Cadillac Discovery Golden Apr Jun 255 East Consolidated Jan 4.15 May 67 1,800 Consolidated Consol Feb Feb 28 Jan 95 3.75 4.10 14c Jan 11,000 8% 1 54 3.75 July 58 Jan 6'Ac May 47c Consolidated 26% May 9 3'A July 42c 12c Consolidated Gillies High Mar 27% Jan 17% 300 Feb 102'A May Jan 830 62 12'Ac 9 2,756 8c 1 13 295 22% 5% 4.00 14c 3'Ac Mar 1 Central Cons - 100 Apr 5.20 Jan 90 3.75 Jan 2.55 Jan 165 260 6,358 1.42 Buffalo 15c 3.55 July 3.75 Apr 50 Jan 102 1 Mining Jun 1.80 7V» A... 9% 48'A May 25% 15'A 27% Oil Astoria Consolidated 1,000 3,000 45c Allenbee Consolidated Jun Low 14c 3%c 61 * Range Since Jan. 1 High 14c 10 Lehigh Consolidated Shares 3.95 3.75 Coniaurum Mines __1 4.25 Mar 15'A Jan 6c 160 2.13 6% 93'A 1 B 6 'Ac 3.55 Jan Apr 25 1 Canada 6c 1.95 22 'A Ltd Cons 11,521 1 class Co 8'A 12 Ltd & 8 22% Mines Burrard 2.95 13'A ! for Week 3%c * Consolidated Cordasun «■ Mines Brunswick 360 • Brunhurst Buffadison 1,555 15 Oil Brunsman Brunston 3.65 Mines Reef Mills 3.35 Petroleum Confederation Life Conger Jan 7c 101 * Power Empire Broulan . 42c 25c 92'A • ; Columbia Class Feb Jun 14c „_1 _■_« Commonwealth Sales Range of Prices Low 1 Commoil 9% May 10c 50 British Columbia Forest Products British Columbia Packers class A a Jan 22c 25'A 100 Coldstream Cooper Colomac Yellow. Knife Jan 35c Jun 101V2 pfd___100 preferred Class 5'Ac 43c Feb 13,900 48% 2.00 British Mar 18c Week's Last Par Jan 25,400 6c 50 l British 15c 72c 11c 15c Friday High May 23c 23'Ac 8 Brllund Mines Ltd Calvan 2,200 15 Bridge & Tank Co...... Burns 7c 42c 12,400 16,600 ... 16 Sale Price 6%c Mine Brantford Bruck 19c 8c Bralorne 5% 22c 12 V2c Boymar British 800 18c 23c Gold Bordulac Brewis 50c 5%c Kirkland Mines JULY STOCKS Low 19c 18 Vac ENDED Range Since Jan. 1 High 50c Mines Gold Bidgood Shares Low River Gamma WEEK for Week of Prices Sale Price Par FOR Sales I 43 Chronicle.,. Monday, July 19, 1954 The Commercial and Financial (288) 44 it- CANADIAN MARKETS RANGE FOR WEEK ENDED JULY 16 STOCKS Range gale Price of Prices Shares Range Sale Price Range Since Jan. 1 Goldfields Goldhawk Porcupine Mines Goldora Mining Goodlisn Tire Goodyear common— Preferred Gordon Graham Great Northern . Gulf : • • 20c 26 25'A 26 2,192 4.25 15% 1.25 4.15 4.35 3,310 3.95 Jun Jan A * 1 ——1 • ——* common Util Home 5 1,500 6.00 6.15 2,300 9'A Mar 7.20 Mar Feb 6%c 7c 4,500 8.80 9.50 25,352 7c 9c 17,200 40% 42 1,341 32% 15'A 15'A 25 14% Jun 2.90 2.90 200 2.90 Apr 17'A 19 175 17'A Jun 11'Ac 13c 16,100 8 8% 200 42 8.00 Mar 5%cJuly 11 Jan 10'Ac 17'A 20 24c 6,900 32c July 52c Jan 21c 11,000 21c July 65c Jain Jun 5c Jan July 37c Jan 9c 40c 8%c 10c 12,600 8c May 17%c Jan 33c 42c T12.650 17c Jan 45c May 1 11c 10'Ac 12c 22,600 10c Jun 26c Jan 1 1 6c 4'Ac 12,600 6c July 3%c Jun 13'Ac Jan Jan Smith 6c 7c 3%c 4'Ac 5,250 17c 21,500 13c May • 17c 13c • * 47 46 7 7 25 —5 Ltd 16 15 16 2,169 11% Jan 16'A 7.75 15c 7.75 8.00 5,722 7.60 10'A — 17c 11,770 25c Smelting Mining & class 4%c 1,500 Lake 5 Oil & Refining Ltd common 14c 4'Ac Jan July 7 Moneta 6'Ac Jan $1.50 preferred common — $2 preferred Ingersoll Machine Moore 46'A 30c 29 %c 30c 12,000 29c July 13'A 13'A 85 12 May 134 21 125 Mar • 1 134 6.20 6.25 6'Ac 4,000 5c July Jan 51c Naco 13 »/2 July 134 July 415 43 42 Jan 36% — Nickel Co —— — 49 Mar May National Steel Jun National Jonsmith Mines Ltd 9 Mar 6% 800 6 Feb 7'A May 10% Negus Mines 500 23'A Feb 44 2,814 34'A Jan New 43 44 460 34'A Jan 45% May 4 5'A May New Bidlamaaue 43 44'A 200 39 Jan 47 May New Bristol 8'A 8'A 300 8 Mar 9 Apr New 7% 7% 25 Jun 9% Mar Npw 1.95 2.16 2.20 43,700 7'A 3.35 Mar 1.95 July 3.25 3.25 25 16 50 5.75 3.25 July 16 15'A May 25'A • —1 33 333A 102'A , 42% 133 20'A Apr Uranium Labine 9c 34 770 34% 29'A Mar Lake Kirkland Townsite 103 Jun New New 362 128% Jan 42% July 135'A Jun 19 Jan 21 2,362 5,390 20% 26'A Copper 5'Ac 7,000 9c 2,609 7'Ac Jun 1.74 1.78 2,200 1.40 Mar 5c 26c 148,433 11c 12c 10,500 8c 9'Ac 12,500 8c 60c 24c 46c 63c 587,622 May 10c 9c 18c 22c 25c 54,200 14 14 25 1.57 1.55 1.70 3,200 9'Ac 11c 47,040 5'Ac Mar 65c Lingman Osu 1 Mines Mining the Woods Wasa common Gold Secord Candy 23c 19'Ac 25c 5% 6% 575,850 1,525 7% 8% 800 class A New Mar New 3.80 28'Ac July Mar 14'A July 25% New 9,500 7c New 65c 65c 1,500 52c 61c 68c II,430 36c 38c 4,750 New Pacalta Jan New Richfield Apr 90c Mar Apr 60c Jan New New Jan New Taku 47c Jan New 3,200 21'A 21% 2,565 8.70 9.00 2,750 66c 10,800 20c 17c 18'Ac July 1.80 Mar 21% July 31'A 31'A 75 7.75 Jan Jan Nib 10 21c Jan 22c Jan Normetal 16'Ac 5.00 20c 28 Jun Feb 6.15 July May 600 5'Ac 3.65 3.85 3.65 3.60 Jun ! 32 4.00 6c 5,600 5c Apr 7,600 2'Ac Apr 16'A 189 15 Jun 12% 13'A 115 10% Jan North 16'A July 14'A May 20 16'A 12 % 20 50 17% Jan 20 3.30 100 1.80 Jan 2.03 2.03 2.35 26,400 64 63 64 2,900 7'Ac Jan 1.90 56c 30c Mar 37c 13c July 81c Mar 14c Jun 2.60 Jan Feb 1.53 24'Ac May Jun 3.00 May 39c 15c 20c July 48c Feb 12c May 19'Ac Jan Jan May 1 July 52c 4,500 13'Ac July 40c Jan 6%c Mar 13c Jun 18c 2,125 July 9'Ac Mar 9,700 5c 5c 10c July 25c 725 6c Jun 90c July 16c 9%C 6,000 15c July 3,550 5c Jun 12c 6,700 140,075 Apr 1 Jan 9c Jan 2.11 Jan 20c 12%c Mar May 9'Ac May 19c Feb 34c Jan %C Jun 7c July 15'Ac 4 4,000 4%c 67,100 Jun 9%c Jan 4'Ac 3,691 Feb 14c 765 4%c July 8'Ac Jun 7'Ac 14c 19c Jan 1 1 4%c 4%c 1,000 4'Ac Apr 7%c Jan 1 : of Canada 4c 12c 12 %c 3,500 9c Feb 10c 12c 8,940 9c May 2.25 2.45 3,441 2.10 Oil Jan 1.20 Feb 4'Ac 8c 9c 3,800 8c July 38c 19c 35c 43c 70,600 28c Jun 18c 20c 6,100 13c Jan 28c Jun * 8c 8c 8%c vi,4'100 8c Feb 12c Feb 1.66 41c Jun 12c 10,100 9c July 168,455 18c Mar 1.73 1.95 11,900 May July 18 %c May 25c Feb 4.25 Apr 21% 21'A 18c 2.21 2,891 10c 6,000 6'Ac May 71% 73 1,705 58 10c 1.40 Jan Jan Jun 10c 10c 1,300 2.75 2.90 3,880 2.35 Feb 9%c Jan 19c Jun 12c May 9'Ac July 2.85 Jun 12c Jan 75 Jun 14'Ac Feb 3.15 18c Jun Feb Mines 11c 11c 13c 12,500 2.82 3.10 19,406 6c 7c 2,600 5'Ac July 16c Jan — I,650 43c Jun 72c Jun 6 Jan 1 50c w-,.— f 9% 50c 1.78 Jan Jun 3.40 Ltd 15c 10,000 10c Jun 25c Jan 40c 41c 6,500 40c May 65c Jun 5c 5,000 4'Ac Jan 9c 40c £•,' 2.15 Jun 10c 13c 5,400 9'Ac May 28'Ac 29c 3,250 20c 6%c 11c 1 Ltd Mines fr 1 5,640 11'Ac '&:■ 15c * (1940) Mines 9'A July 9% 3.00 4%c 1 ; Mines 6,540 9 2.60 2-90 -. * Lake - - Jun 3.00 July Feb 24%c Jan 50c Jan • * Selections 90c Oils * Malartic 6c Jun 5,400 60c Mar 80c Jan 10c 5,000 7c Feb 18c May 3%c 4%c 15,006 3'Ac July 11c Jan 1.30 1.15 1.45 4,800 •1.96 Jan 17c 15c 17c 31,800 14c 5,500 3c Y- £■' 68c Feb Pacific Coyle Pacific 25 17% Jan 21'A 21'A 21% 23 2,405 17% Jan 23 1.75 1.63 1.80 13,560 6'Ac 7c 2,590 2.40 1.80 10c & 2.65 2.60 2.70 76C 76c 77c 1,100 65c July 95c May 70c 77c 21,190 "60c Jun 97c Apr 1.90 2.13 52,630 4.00 4.00 460 $.07 , --£4.00 ~".l "43C 38c 43C 4,005 1.90 Jan 2.95 May Jan 3.25 May Jun 2.56 4.45 1.00 7,100 35c Jun Feb Jan 58c -<r< »•' 1 1 Jun Page Hershey Tubes Pamour Pan Jan Paramaque • — Jun 68% 40c 26c 470 67c 7,100 37c 40c 13,900 5c 5'Ac 2,500 25 %c 30c 148,130 65 %c • -w* 6.90 Jun 1.35 Mar Feb 59'Ac 11% Mar ~ 65 %c 1 Jan 15c 8,205 68 r.c 7.30 1 Mines Par bee Mines 85c 7.95 90c 10c Oil 1,900 II,700 7.30 V'16c • —• Porcupine Western 90c 15'Ac 17'Ac 1 Navig Pacific Petroleum • July Feb Jan 4%c ^ Apr Jun July 18'Ac Jan 3'Ac -1 Mines— (Eastern) 56c Mar ^ 77c • Osisko Lake Mines— 16'Ac Jan 1.15 July 3c 10 Pyrites Co Ltd. Opemlska Copper Orange Crush Jan 1,000 75c 8%c , * Exploration Warrants Ontario 9'Ac 6'Ac 72c 9'Ac a* 3%C * 1 Gold Jan X Feb Jun 2.88 • 1.97 * * Jan Mar 5c 500 1 Ontario JTockey Club Mar 1.10 Jan 1 1.60 May 7c 37,100 • — Canada Omnitrans 5%c Feb 10c 44c 1.82 1.26 Mar 12c 500 9c 2.15 Inlet Mines Okalta 40c 47'Ac 17c 10c 7'Ac Oil Star Nubar Jun 1.45 Mar Jan 17c Ltd Trinity 3.00 3'Ac Mar Gold Northland f 45. Jan Jan 1.29 6'Ac §';>■ Northern Jun 1 For footnotes see page 75c 1 Ogama-Rockland 4'Ac 6c Jan 91c 4c 1 O'Brien 58 9,020 2.70 May Feb July July 24,350 £1 10c j£;':2.85 Obaska 47 52c Jan 55c 57c 4'Ac 1 Feb Jan 10c 1.77 Feb 1.60 6V2C * Jun Jan 48c Jan * Mines Apr 40'A 1 Jun 2.68 Jan 1.20 11c Mining 73c 37% 1,435 Jun Mar 94c 73 23c 763 1.69 Jun 14c 9'Ac Mar 1,063 1.61 31% 13c 12c 1 12c 58 2,500 26% May 70c 10c Rankin North 4.25 May 4 %C 44 Jan Jun Feb 25c 29'Ac Warrants July 44% 57 Jun 7% .2.09 7%c May 6'Ac Ltd • Inca North Jan 6c 57 44% 1.38 May 28'Ac 90c Mines O'Leary 1 9'Ac Feb 2,500 Jun Feb 28 Jan 3'Ac 44,200 Magnet Consolidated Jan 57c 12'A 9,400 North Mar 3c 10c 12'Ac Mines Mar 27 Apr 27,450 jtforpax Oil & Mines Ltd Canadian Oils 24%c Jan 16 3c 1 B 25 50 Explor Mines Norlartic Jun 12c 3,000 Lexindin Gold Madsen Red Lake Gold 935 1.40 May Jun 4,500 Jan MacMillan & Bloedel class A Jan 245 Mines Noranda July Mines Mar 27% May 6'A Apr 4,700 Mines Feb Jun 5c Mines 10 195 Yellowknife Nisto 80c 61c 7'Ac July 10c Jan MacLeod-Cockshutt Gold 22c 2,065 Thurbois 1,564 1 1 8,300 8c 15c Feb 1.00 60c - 13% July 6c Oils Jun 5,600 Feb 12% July 1,550 Pete Superior 5c 23c 8% July 40'Ac 2,700 Senator 19c 4,000 Mines July July Jan 5,965 Rouyn Merger New Ryan Lake Mines 2,500 9,400 Mafie Explorations 5 16,250 New 222,850 10,000 Mines 30% July 15c 17,200 Oils 41c lie : Jan 44,550 Gold 1.10 71c Yellowknife 24% 129,650 Norzone 6'Ac 5.25 1 Jan Jan May 24c May 6'Ac Goldfields 23c 16% 1 New 31c 17 Jun 53c Jan 1 Newnorth Jan Apr Jan 14c 22c 1 Mar 15 15'Ac Mylamaque Jan 1.02 Apr 35c 8,500 5.05 * 1 Mar 10c 6'Ac Mines Morrison 20c July 5c Lomega Gold Long Island Petroleums Uranium Mines 41c Jan Marlon Gold 9'Ac May 16'A Mar 69c Lorado 14 10c 19 Jun 5c 10c 22c • May 17% Mar 12'Ac July 19'A 840 5.25 • 15% July 9'A Newlund Mines ] 2.15 Mar Feb 5c 9%c A Feb Jan Feb 11% 5c Apr May 14 11c 10c class Apr 2.15 1.60 10 505 0 27c 70c Groceterias 14'Ac 3,640 Gold Jun 16c 4,941 Jan Jun 6%c July 4,003 July 7,000 May 2.45 28,087 73c I Class B 43c Jan Jan 13'Ac 18c •A 67c 500 Malartic 64c • Feb Jun 1.75 2,295 Hlgluidge' Hugh 29'Ac May 18 1 — 9% Mar 4,754 Jason 1 Petroleum 9% Mar Apr 20c 50 Kelore 1.50 July 25c Jun 45c 4,950 Harricana New 14c Apr 6% 8,500 — 10'Ac Jan Jun Lencourt Gold Long Lac Mar Feb July 5'A 13,615 Goldvue Nudulama Mines 9c 1,950 New Laguerre Mines New Larder O 22 3.30 Gold 5.80 Jun 43c 14,746 New 5'Ac 21% 8.95 • 2 4% 7% i New 21 • • 1 1 1 Warrants Class 6.35 16,978 _— New Fortune Jan 5'Ac 6c 3 Shops Preferred Mackeno 7,000 6.90 Petroleum 1.05 32c 1 1 Acceptance Macdonald 8.00 34c 6.25 Oil Jan 20c 20%c 37c * - Cadillac Lapaska Mines Lapa Macassa 34c Jun 32'Ac Petroleum Devon North Lynx Apr 1.25 33c 11% Mar 4,500 23c 17% 1 -—1 • Dufault Mines Lake Louvlcourt 20c 1.25 46,045 26c 64c 20c Ltd Mining & Exploration Lake Loblaw 2.50 Dickenson Mines Nipissing Little Feb ; July 7c 1 Mines Ltd (John) Liberal 95c Warrants Apr 27'A May Jan 25% 9c 1 1 Klondlke-Keno Lavalie 1.35 800 Delhi Jan 20c 1 1 Kirkland Hudson Klrkland Leitch Mar 16,000- New Jun Feb 1.75 • 1 Keyboycon Mines Keymet Mines Laura Feb 26c Development Davies 34% 5%c 22 5'Ac 18 Laurentide 14c Jan Mines Calumet Continental 96 24'A • 1 1 Gold Kerr-Addison Lamaque Jun 6'Ac 8,000 Dominion Oil British New 10 132 133'A Kelvinator of 5c 23,000 6% July 30c Jan 16'A May 13,316 19% 10c Lake 13,095 18c Oils Concord 42% 42 1 Shore 10c 53 6,600 New 102'A 102'A Kayrand Mining Lake 42c 8c 13c 13c Alger New Lake 40c 8'Ac 10 1 44'A • Ltd Apr 125 25c Car 24% * Publishing Apr 66'A 1,538 6% _* B Trust 28 24'A 1 • — 19%c 12,000 63'A • Hosiery class National Petroleum National 36 43 1 • Ltd Gold July Jan 10c 10c 10 %c 6% 61 * 1 1 5 com Preferred Jan 25 7,946 2,370 100% July • • 20 Chemical <fc Jan 47 9'A 1 (1939) Mines Feb 91 60'A 10'Ac * • * National Grocers common 33% 1 Oil Lake 45 —* National Explorations Ltd New Labrador JUn 100'A 100% 100'A 5 Drug 42'A 0 Jacknife Gold Oils July 25'A May • . Jaculet Mines Labatt 18 37 Ltd 44 43 * 30 • ——-——100 common • 5/100 Interprovincial Pipe Line Kroy Feb 26'A Mar _ Jan 33 6% Metals class A Preferred Kristina 12'A 572 600 Jan 47 com—_* 25 International Petroleum Kenville 170 2,700 New Powders Bronze Oils 2,500 32 1,500 8.20 9% 33 9'A * 1 Preferred Jupiter 9c 17% 7,050 10'Ac 43 'A July Jan 17c 9c 15 • Brass Jan 5.50 29'A 9c * . Feb 9% May 8,200 Corp common National Jun 15 47% May 6.20 July I,500 5%c July Jan 14c 5,660 Montreal Locomotive Morrison 45 225 50 9c 24%c 29'A Petroleum Jun Feb Jan 2 * class A Inglis (John) & Co_Inspiration Mining Journal July Porcupine Nesbitt Acceptance Joliet-Quebec 3.50 * • Corp Modern Containers class A— Jun 1.70 37'A 25 preferred Oils 100 Gas Mining 2.50 400 2,632 £1 Preferred Jellicoe 3.50 Petroleum Preferred Jet 3.50 13.50 1 Mindamar 50'A 2.10 46'A 50 42'A Joburke Feb 1 Minda-Scotla Jan Jan 2.05 45% 50 Imperial Bank 10 Imperial Life 10 Imperial Oil • Imperial Tobacco of Canada ordinary 5 Jasper 7% • 13.50 Brick 25% July 2.05 6.25 5%c International 18c * Mines & Oil Mill City Milton Jan 19% 615 25% 25'A 1 ——1 Petroleums 47 Mar 25'/2 100 & Erie Husky Preferred 5,400 11,582 4c 1 . Llaht & Power common Montoco * A Huron International 3%c 21c 8% * Lake— Uranium Midcon Apr 4'Ac 28'A Mar • -50 common — International 1,000 18c 8% 3'Ac -5 — . Feb 8'A * • 100 Preferred Jan 14c July July 445 47 • Paper Hugh-Pam Porcupine 4% 32c 21c . 8'Ac July 18'Ac • • —* 1 Petroleum Merrill Meta Mexican Apr • 1 1 Preferred Industrial 21c Feb 7'Ac 30c 5c 1 common Mercury Mills Merrill Island Feb 9 Lake Hughes-Owen 35c Gold McWatters Jun Feb 11'Ac July 7'A 35c — Red Jan 11c * 1 - Red McMarmac Apr 100% July ~ Ltd McKenzie Jan 3.25 May Mar Ltd— Corp Frontenac Jan 5c 8c Mclntyre PorcuDine Mclvor Drilling July 90 Apr , 9,000 McDougall-Segur Jan 42 Jan 10 9 30,750 Preferred * 100'A 100'A „ Jan 28,000 Jan 12c 6%c Jun 7 5'Ac Maybrun Mines Grain class A McColl 707 llcll%c McCabe 8'A Mar 4 'A Mar 5.65 Maxwell 1.42 Mar 8% Yellowknlfe Hy-Charger 5 Apr Feb 5 9 9'Ac 10'Ac Ltd Massey-Harris-Ferguson Ltd Jun * class A Consol Bay 1.01 480 17% 8% 11c Oils Marwayne Jun 9 1.70 5'Ac July 10c — Oils Ltd Mining Martin-McNeely 4.40 1.31 Mar 2'Ac July 1 ——1 29% Jun 1 1 Mines Gold Hudson 110,705 7 1 Mines Hoyle Mining 2,300 1.25 6% 6.00 6%c 9.30 • Oil Howard 15% 1.18 * 1 * -. Mfg Homer 15% 7.95 6% ; 5 9c 1 1 —1 18% Jan Iron Red Gold Marcus 8,400 242,100 —1 Malartic Marigold Hinde & Dauch Hosco 7 __ 1.42 5'Ac • — -100 Mines Maritimes common Hibbert Hollinger Marnenor Feb Gold High Crest Oils Holden Maralgo July Apr common— Gold Heva July 53 Jan Gold Heath 137 Jan 8 Carpets Headway Jan 48'A 49c — Lakes of 97 500 29'Ac class Cotton Harrison 160 53 Feb Mines Harding 137 Feb ; Gypsum Lime it Alabastlne Head 133 52% Feb 6c July 3c May Mines Rock 137 52 'A 7%c Jan 3'Ac July 7 Lake Gold Hard 1,500 15c Lead Hamilton 1,500 3%c 24c Gwillim Hailnor 4c 3 "Ac 1.38 3'Ac 1 Eastern & High Lote 1.40 4'Ac __ . Maple Leaf Milling common Preferred 250 Freehold Brass 3'Ac Apr 22,300 Gunnar Hahn 4c 3%c 23,200 ' Gridoil 19,332 33c Gas West Coal Great Manitoba 15c 20c — Cos' West July 12c 7% Grass Sweet Great 15c 12%c 18c Development Great Plains /Great Malartic 26c Paper Lakes Jan 5,663 class B Mines Great Goldfields 58c 40c 28c Mackay class A_ Bousquet Granuines 29'Ac Mar 38c * • -——-1 1 • 50 * — 1 Uranium Range Since Jan. 1 High High Low High Shares Low Par Low Par for Week of Prices Last STOCKS for Week Sales Week's Friday week's Friday Last (Cont.) Toronto Stock Exchange Sales 60 61c Apr Mar Feb 74% Apr Mar 84c Jan 46c 4%c Jun 11c 31 %c 11c Jan 38c • Jan Jun Volume 180 Number 5343 The Commercial and Financial Chronicle ... (289) 45 TP CANADIAN MARKETS RANGE Friday STOCKS Week's Last Par , 3.00 i Peace : River Peruvian Oils Pioneer OoC 40c & 42C _1 Mineral-, ;■< 1.05 ? 1 11 %C 1 28 1.87 4 Rouyn Gold.. Power Corn Uranium t-ioopectors Airways - 45c 89c 15c 2.65 Silk class A Little common 1 Dairy class 13c 3,000 10c Feb 32,100 6c Jun 3%c 3 %c 3 %c 15% 15 15% 56% 1 — * 2.15 & Power Silverwood Simpsons Siscoe 25 2,900 50 14 Apr 99c .. 1.55 15% July _ 53 1,162 49% 115 54% 95 7%c 7%c 8c 5,200 11c 80c 7%c May 1,000 42c 3.90 87c 3.90 common 18,714 29 % • 28% 29% 755 28 29 —.1 _ _ 5.50 13c .5 . Mines 1 ... Dairies class A 17% 53 Mar 3.75 4.30 Jan 29 % 23% Feb 29 5.50 Jun U,i 1 50 1.02 1.10 Oils Ltd Stanley Brock class A Stanwell Oil 6.15 Starratt Olsen Stedman Gas 10%c July 17 Jun Jan 18c 19 Anglo Bros steel Gold Canada of Feb Anglo 1.20 Apr Asbestos 11% 51 51 % 130 47% Feb 53% Canada 2,600 40c May 1,490 80c Jan 29% Jan 15c 15c 2,000 12c Jun 25c 25c Feb 26c 4,350 25c Jan 34c 24% Feb 26% 4,105 20 10'A 11 8 8 Steeloy Mining Steep Rock Iron Mines Sudbury Contact Sullivan Cons Mines _ common. — 50c Class 4% % common. * _ 5% 12c 2.36 800 1.11 10,700 Mines 18,500 1 2.05 1.15 1 Elevators *— 42c 1.50 • class * preferred __ A —1—1 ; —J Warrants 1 23% May • * 100 40 July 6VaC 6V8c 2,500 1.31 1.31 1.33 5,950 12c 12'Ac 10,854 9c Feb 22c Mar 14c 20,900 14c July 27c Feb — 15c Jan 10c 25 May 18 Apr 105 May 1.65 i 20c Jan Feb 2.70 Jun July 1.22 Jun 37% May 8% Jan 100 10% 2.05 5,190 1.83 I Apr Jan 1.00 1.15 3,000 99c Jun 12 %c 14c 5,000 12c May 42c 45c 3,295 35c Jan 1.45 1.50 700 41 - 10% July 1.20 Mar Dominion Glass 61c 1.70 Jan 16 Jan 25 Jan 23 Jun Jun 16 8c 500 41 6,525 32% Jan 41 225 32% Feb 39% 25 93 27 28 1,545 24% Jan 14 8,905 Pato Price Mar Feb ■ Mar 31% Jun 10% July ■' 31% May 105 83 6.65 7.00 1,855 5.60 Feb 7.25 Feb 19 18% 19% 1,650 13% Jan 15% Apr ' 8% Jan 14 July Jan 87 105 July 35 35 25 32 27 27 45 23% 23% 23% 25% 8,632 — 75 78 70 4.90 4.90 4.90 1,130 Jun 11 5"% 10% 11 500 10 Jun 12% Feb *.1 68 68 68 10 64 Jun 70 53% Apr 53% 54% 3,101 40% 13c 13c 13c 17% 18% 1,000 2,340 1 41 43 Weaving • 17% July 27% Jan 26% July 75 % 798 54 Jan 75% July 34% 950 28% Mar 8 50 34% July 8 /2 Jun 50 Ltd- Canadian 32 1 48 %c Consolidated - , 34% Jan 200 54% Jan 2,050 28 Jan 36 175 34 Feb 33 122 30 A 4.05 4.05 910 3.50 39 % 41% 1,195 15% 15% 50 69 33 4.10 July 41,2 July 5% 126 ^VaJyly 4.80 Jan ^ 6.00 Feb 32 32% 400 23% 33 Jun 48c 50c 20,000 59c Jan 1 FOOTNOTES FOR OUT-OF-TOWN July Jun 41% Jun 43% July Jan 44c Jun in e In 48c Jan July r year's Cash range). Included In year's Issued, x range), Ex-dividend, Ex-rights, * MARKETS unllfted delivered. y (not to 1privileges, wd when wl When price. sale CANADIAN Ex-liquidating dividend, (Un) Admitted ' delivery sale (not Included Selling ex-inter<>8t. f Flat AND * Included year's range). d Deferred Jun 36c No' par value. Odd lot sale (not Jun Jan July • July July 37 A July 36 May Jan 32 100 Jun 35% May 35 /2 July 5% 5% 2 125 69 32% 40 Investment_4_—* Jan 37% 33% — * Gen Stores 50 6 65% — . Apr 18% July 43% May 17% July 25 36% * — 54% July 23 %c 73 —. 1 Feb 33% 37% * . Jun 16,570 6 common— Apr Jan 78 34 8 6 15% 35% Mar July 35% — ..——* Jan July 36 27 25% July 34 34 Paper Jan 27% 75% * 4.40 100 7% 5 May 20% July 70 Mar 65 17% 33 . 35 17% — - 13 %c : Mar 99% Jan 9 ) 12% " com common Bros Yukon Jan 101% —_ Securities Consolidated Co 7 25 , - 14 0 Canada Loblaw Inc a 38 110 27% High Jan * Oilcloth MacLaren Power Minnesota & Ontario Jun 17 1,150 7% 20 Jun 45 44c 8,720 * - — Utilities Third 100 99% 10% —• common Paper Sangamo 250 43% 9% l Interprovincial Utilities Feb 16 99 — International Jan 22 44c 10% * : — Preferred 1.60 19c 20% 8c 895 * Bridge Thrift 13% 100 31% 105 1 Lumber Paper Niagara Wire Ogilvie Flour Low 7% 31 Oil Dominion of Range Since Jan. 1 High 7% " Westinghouse DuPont Shares Low —• . Western Dominion for Week 31% Feb 20% 42% Apr — Marconi Canadian Canadian 2.65 39% — Feb 1.47 Sales Range — Apr 12% July 37% — Jan 9c Jan * —— 1.06 Week's of Prices Feb 41 — 18c 1.14 10c Exchange - Curb Section Jun Jan 38 43 % Jun %c July 6%c — Jan 15% 101 180 8c 41c 5'Ac July 5%c Jan 6.50 common International 12 2.00 3.60 Canadian Jan 8.75 28c Feb 41 125 Mar '/8c July 17,500 , * Canadian General Invest Dalhousie 22 * Finance Jan May 1.65 10% 15% Works common A —J Exploration * 6.50 13c 12 . Feb 1.96 Mar 7c Canadian Indus (1954) Ltd com new—• Canadian Ingersoll-Rand * Jan 18c Apr 40 ' 1 * May 18% 10% *" 10 Silver preferred 85 1.10 __ • B 100 334 2.20 -- Traders 24 10 %c _ Gold Towagmac 53,653 Jun 18c 5%c 1 1 Canadian Bruuze Consolidated 13c 24,700 3.40 22c 10 Jan B . Vinegars Jan Apr 1.10 . 10c 1.00 Jun 2.36 .1 * _ Thompson-Lundmark Iron — Jun July 5c > 17% 17% 103% 104% - 36c 8 18% 23,65 15c 17%c 3.10 24 100 • Calgary Class 15c 26% July 11% May Jun 6% Mar 7,452 7.65 3.30 May 6% May 7,600 5%c 7.25 34 22% July 37% July ' Teck-Hughes Gold Toronto 5c 7.60 " _ Pearson Preferred Toronto 5%C • Gold Taylor, Tombill Torbrit 37% 25 _ Texas 36% 1 Switson Industries Ltd 345 1 — _ Inlet. Tamblyn 2,500 22% 1 Preferred Sylvanite 11c 21% * _ 25,695 37% _ Superior Propane Ltd pfd Supertest (ordinary) Surf 10c 48c Feb Jan 8 Jun 40<f May • 1 Brown Co common KO 6,406 378,150 Jan 9c 6c Last 1st preferred Bulolo Gold Dredging 1 31%c33%c %c %c 7 7c 1.55 • Jun 100 80c 9'Ac Jun Jun 1 Corp Mar 22 9 31%c Jun 44c 48c - 3,915 „ 13% 1 - 2,630 9,500 1.65 Friday Pulp <fe Paper Newfoundland Develop 21% May • - 10c 7%c May 1 Canadian Jan 81c * 5%c Mar 46% Jun 103 6%c Mar * July 1 1,500 1,000 7c Vac Andian National Mar _ 7%c 5%c Sale Price Apr 10% * Ltd & July 7%c 95c Jun Canadian Funds July July 25% _ 40 %c STOCKS 13 34 20,400 Jan 35c 34 48c Mar 5%c 9%c Toronto Stock 585 —— Jan 1 6,048 34 5.80 Mar " 5,220 * 38% July 3.90 19 %c May Jan 1.60 Metal 40c ' * Jan July 33 40%c Mar 22% 34% 1 13% • 23 Feb Feb 365 1,763 9%c „; 13 • Jan Jan jan Jun 12c 4.00 7c Yukeno Mines 38c 55c 20% July . 17% 38% 1.65 Yellowknife Bear Mines 13 55c 33c 95% 1 40c 55c Jun 36c __ 1 9% Apr 14% Mar * 9c 13c 2,600 - 10% ... 39c Apr 1,021 375 * - 21% 750 July 69c Par 48,872 42 20c 42% — Jun —. Snnoner Zinc 54% July May 17% 40% Mar 5%c 102% 47c May 5% July 850 1 & 13 60% May 3.90 7%c Jan Jun July 50 Feb 2,800 5.60 410 10,575 • , 20% -- Stadacona Mines (1944) Standard Paving common.. Standard Radio class A Gas 8c 2.20 Jan Jan 22 61 %C 8% May 21 4.30 Mar 42% 1 10% 1 Co Jan Jan 80 lie 13 %C 50 5,300 21 Feb Apr 9.00 Jan ' 40 21 Jan 20 % May 1.60 Mar 500 12c 13%c Feb 5c 7% 10,500 28c Jan 6% 101 % 1 — Zenmac 42 25c 5%c 12 %c 1 10% » Valley Lead 42 20c 63c 21% * _ 39 44% 50 24 17% 1.06 m _ 5.50 3,978 1,500 24c Jun 4.00 1 __ 2,628 59 5.25 5%c Jan 82c 29 __ 12% 5.00 1.67 Jun May 49% " 12% 58% Jun Jun Jun 42% Jan 1.45 2.20 Jan 53% 50c .. Gold Southam Jun 50% 1 Slater, N. Co new com Somerville preferred J Souris 2.53 1.50 9,525 6,100 3.95 Feb 15 1.75 13% 6%c Apr 19 38% Yankee Canuck Oil Yellorex Mines 56% , July 49% 50 — _ common Ltd 15%c Jan 1.75 1.60 A— Gold Kignts Feb 54% (Quebec) snver-Miller 19% Jan 1.07 1 Ltd 47/8c Jun Jun 6c 99c 70 5.25 Ltd Winnipeg & Central Jan 1.70 1,000 20% 22 Larder Yale 1.85 7,500 6%c 20 21 Petroleums Winora Jan Jun 1.75 Voting trust ctfs Silknit May 15 15,300 6%c common 17c July Jan 10c Feb lc Wright-Hargreaves 1.26 1.00 • A Breweries July 37% 3.15 14% 400 Jan 1.47 Mar Jun 5,700 8% 42 class 10% May 13% Feb 1,850 15 * com. 3.25 Jun 3,200 2.00 3c 17% 8% 25c Wiltsey-Coghlan Jun 1.44 ' 50c . - 46% 56% 9c 4,000 16% 98c 11% Apr 102 (Geo) Wilrich Feb 52% — 4c I Grocers Winchester Apr 2%c 5% 1.68 Preferred Apr 1.35 1 Ltd Feb 18c Jan 7c 100 8% Mar 21c 10% 504 _ 19c 20c 10 15,300 8,000 1 15% 2.50 July 200 8%c May 37% 2,815 8c preferred Mines 2.70 1.01 6 16% 1 7.70 Apr Jan 7,600 Breweries Weston Mar 11c 72c 575 1.05 40 Ashley Canada Feb 14 Feb July 12% ♦ Products Western Leaseholds 97/8c July 5.25 21c 1.01 Tungsten 25 1,800 4,500 18,350 12% common Oils Western 1,000 10% Jun 1 Western 45,800 11% 30% 1 Apr 13c 11 Jan 29 6.65 22c 23 %c 85c 94c 10 Consol Apr 12c 2.50 23% .1 11% 14 y2 10% 160 28% 59 20 10% Mar 11% July 6 W Feb 100 1,413 33,270 4.45 July 15 % 1.02 ♦ Pyrites Western Jan Feb Jan 1 Western Mar July 3.30 12% I 15 11 11c Jan 22c 12% 86c • July 11c tf _ 13 12c 13c Jan 1.65 Jun 43 745 * May 15 9% Jan Jun .. 12% (Canada) _ & Jan 24,806 * Territories Westeel Jun '.10 Mar 8% Mar 4c Steel Equipment Wekusko 11 8V2C _ Gordon Weedon Jan 18 • . Water Apr 74c 15c 35o 11% May 4.20 29 • Grey Trust G May Jan 33 1,666 Jun Feb 9 15% 22c 1 Preferred West 2,547 6.60 Mines Waterous Jan 10 43 17c „ 19c Jan 3.50 Mar 3.95 —25 Amulet Walker Jan 1.24 134 14% Waite Apr 1.2Q 12c 3.20 19 7c Gold 23c 7%c 18% 14% •' July & Feb 8 40 44 _ Shawkey (1954) Mines. Sheep Creek Gold Sigma 15,310 13 pfd____ Mines Apr 43c 50 1.20 6%c . Sicks' 10 1.12 13 * _ Sherritt 21,547 1.00 Vicour Mar 2.30 ,87c 1 10 1.18 43% common Corp Petroleums B 3%c 100 1 Gold Preferred 24,000 105,325 • Shawiniean Apr 55c • Scurry Rainbow Oils Ltd Security Freehold Petroleums.. . 5%C 6%c ; Industries Class 4%c 43% A Oil Bridge Jun 8c 1 Rupununi Gold Sarnia Jan 65c 1 9c 1 River 14c 900 6,100 65c 10 Antonio Mar 17,025 15c 54c 1.18 * Lawrence 25,590 1.65 2.55 Sapphire Violamac 1 . Oils Oak Sand Victoria Jun 1.08 * Rundle Oils San Jan 20y4 9c j: * Bank Russell 43 %c 2.65 Rights St Jun 137/8 Mar 50 %c * A xvoyalite 18c May 145 9% 42c 14 %c Jan Jan 14% • Ltd l.lJO 94c B Viceroy Mfg class A 3,620 1.17 1 Ventures Jan 28,100 May 15% _• Cons 20 14c * 3.85 25c 17c Alloys Roi 2.55 10% 41% Steel loC 88c _* common Feb 9,900 Feb Jan 30 * 3.95 Upper Canada Mines 73c 50 %c Uranium Mfg 2.50 21c 42% 1 Mar 1 Silver Royal 5%c Jan Jim 3.05 * 37c 65c . United Jun „7c 2.55 65c Jan 31c 10% _• Hill Vanadium 10c 23c «■ Keno 19% 4,800 6,000 8c t High 1.75 July 30c July 2,730 35c 9% 5.50 Mar Van 27% 34c 9% Oils 1.20 July 15 %c Jan 151,500 9 class United July July 38c 2.75 ___» - Montauban Mines 6,300 19% 9c Fuel United United 5.75 Mar 700 * „ United Feb 3.90 May 62c 5,500 50c l^c 19% 22.050 1 Consolidated Roval 1.00 10c 11 %c 2.95 2.99 1 — Oils Rocne Long Lac Roy 4 90 94c 1 common Corp class B 15% July 1 . Asbestos July 3.00 3.05 July '/95c 1 preferred Roxana 17,875 12,000 1 Rix-Athabasco Rowan 5.10 Mining United Jan ' 44 2.w«1 Mar .. 3.80 _50c Uranium J - 3.05 1 Mines O: Apr 4.70 1 - 1 7% 3.25 1 Petroleum rtexspar .. Jan 5.10 ; 1 Mines Renable ) ♦ • .... Regcourt Class 35 ,1.45 July ; Union United 5,423 8c 35% July 84c 1,187 3,600 23,344 1 Poplar Gold Redwater Utilities Robinson, 44 . Jan 1.60 1 Red $1.00 42 y8 Apr Low 1.90 26% 2.75 Acceptance Preferred Union Gas l.a/ juiy 40c Feb 4 Mar 15% * Uranium Robertson July 51c r, 1.36 , Feb 26% Range Since Jan. 1 High 32c 35c Oil _ July . 1.01 17c Shares • Union ■ <■ 80c , 1.50 • Mining Riverside '> 12% 1 . Metallurgical Prado Jan Apr 1.60 ' Mines Quebec Nickel Corp Qjieenston Gold Rio 42% Jun 30 26 600 2.00 - '28c h 1 Copper Corp Quebec Labrador Reef Jan- 14% ; Quebec Radiore 53c Tungsten Corp for Week 1.75 • - Petroleum Triad Jan Mar ■' 1,000 . 1.22 1.79 • - Sales Range of Prices Low • • Pipe Line Transcontinental Resources Trend May I LJ. Preston East Dome Quemont 35 35,080 r Apr 10c 4,300 " 18c Empire Oils Trans Era Oils Trans Mountain Oil 1.20 July 62c Jun Mar 1.41 Trans Feb 24 580 Week's Last Sale Price 8.40 Mar - - "Jan 95c 17,800, 45c : Mar 39c 2,565 ' Friday STOCKS 1.00 Jun 1 Oil Metals Quebec r JO *">5 1.87 1 • 1G 1 5.00 Mar , Feb 75c 15,955 , 85c 1.75 53c • - Powell Pronto 84 %c *' JULY Par Jun 3.65 22,620 8 17c River ENDED High July 26c 2,470 liy«c 12 %c 28 > 29 84%C-. Oils Prairie «5 50c - ' • Powell ( 1.08 1.05 1 "8 Pnntiac Petroleum Pressed ; 48c 1 b 24,000 1.14 43c Mines Oils Poplar f 1.03 3.00 2,500 ' 4.80 44c i Development Ponder 4.15 -1.09 • Pitch-Ore Uranium Placer 4.15 1 Gold 1,130 bOC 41c Gas_ ■Petrol Oil & Gas Pickle Crow Gold „ doc 1 I Nat Low 3.05 50c Consol Range Since Jan. High 3.00 . Paymaster Shares Low • WEEK for Week of Prices Sale Price ; .Parker, Drilling Pathfinder Petroleum FOR Sales Range Ex-stock dividend. trading , The Commercial and Financial Chronicle... Monday, July 19, 46 1954 (290) OVER-THE-COUNTER SECURITIES Quotations for Friday, July 16 Obligations of Governmeni Agencies Investing Companies Mutual Funde— Bid 25c Affiliated Fund Inc_ 1.25 American Business Shares...-—1 American Mutual Fund Inc—1 Fund Aberdeen — Ask 1.10 5.44 4.35 13.95 Par - 1.20 5.88 4.65 15.77 Axe-Houghton Fund 1 Blair Holdings Corp 1 Blue Ridge Mutual Fund Inc—1 11.99 11.44 22.63 11.00 10.58 20.82 3.36 9% 3% 11.06 Mutual 1 Inc Fund "A" Inc__1 Axe-Houghton Fund "B" Inc__5 Axe-Houghton Stock Fund Inc. 1 Beneficial Corp- ——— America of Tr Inv - (Medium B-3 (Low B-4 (Discount K-l (Income Trust————1 Fund————-1 21.13 22.84 Fund lnc_.— Canadian Century Shares Chemical 23.57 25.48 8,900 9,200 135 140 14.94 16.22 \ 7.59 8.23 Securities com—100 Christiana Preferred 100 - , 1 Commonwealth Investment _—1 Composite Bond & Stock Inc Fund Colonial 11.33 12.37 18.43 9.25 14.02 S-2 (Income Com Stocks)—1 10.21 S-3 (Speculative Com Stk)__l Com Stks)_l 9.97 20.11 10.10 15.30 11.14 10.85 7.77 6.02 10.60 Loomis 40.13 40.13 Managed Funds— Automobile 11.38 11.99 45.81 18,51 12.11 46.27 20.35 8.97 7.79 9.83 8.54 Dividend Shares— 1 Dreyfus Fund Inc— 13.76 2.34 ld.io 12.10 2.13 12.11 2.50 25c E & Howard— Balanced Fund Eaton 17.82 15.04 Equity Fund Inc Fidelity Fund Inc , Formula Fund of Boston— Beneficial interest shares—-1 Mutual Fund * Franklin Custodian Funds Inc— Common stock series— lc Preferred stock series lc Fundamental Investors Inc 2 Founders Gas 1 —1 1 Industries Fund Inc Capital General Corp Trust Group Securities— General Investors Aviation 25 ^4 2.75 22.31 75.41 6.78 New Fully 9.20 33.09 13.77 12- 1-54 bl.10 0.90% 1-54 1- 3-55 bl.15 0.95% 1- 4-54 10- 1-54 bl.05 0.80% 1.45% 5- 3-54 2- 1-55 Bl.15 1.00% 1.90% 2- 1-54 11- 1-54 bl.10 0.85% 1.40% 6- 1-54 3- 1-55 bl.20 1.05% bl.10 0.85% 1.30% 7- 1-54 4- 1-55 bl.20 1.05% bl.10 0.90% United States Treasury July X19.50 September 9, 99.903 99.975 99.981 September 1954 16, 1954 99.892 1954 29, 99.994 99.877 99.889 99.962 23, 99.863 99.848 99.833 99.874 99.858 99.842 99.819 99.826 Inc September 2, 25% 25 13.26 17.21 20.44 2.50 17.55 22.22 Growth Stock 99.906 21.23 327/8 31.62 31.62 1 2% 17.60 15.37 17.60 16.62 Federation First & Clark (net asset value)—* (net Shares 66.50 25.92 & Farnham Fund—1 25.92 State Bk Continental Bank & Texas Fund Inc 7.71 X5.41 15.03 7.32 1 9.77 6.62 8.38 5.91 16.34 8.00 Inc— Fund Accumulated 14.59 2.40 United Continental United Income 13.54 United 1.06 96c Fund Fund 1 1 Shares_l 1 Fund 1 10 Institutional 17.68 16.75 lc Fund-lc . 19.35 18.32 Van Strum & Towne Fund Inc_l 9.35 16.42 lc 5.38 5.89 lc 1.41 7.26 1.56 7.94 Fund Inc Wall Street Investing Corp Washington! Mutual Investors 1 1 Whitehall Wisconsin Bank Aetna Casualty Aetna Investment Surety & Co Agricultural Insurance Co American Automobile $1 .25 conv Aiuer Ins Co 148% 34% 36% 49% 51% 4 5 of 70% 73 4.72 BM 76% 5 47 Amer—5 98 38 31% 30% 31% Merchants Fire 27% 29% Merchants & 66% 68% National Fire- American Surety 37 31% 30 —, & Bmkers Shippers..—Co Insurance Boston Camden Fire Ins Assn Connecticut General Life Continental Casualty Co Crum Forster & Employees 10 5 (N J)—5 Inc.. Assoc Reinsurance Group 10 10 10 * 65 Federal Fidelity & Deposit of Fire Assn of Md Philadephia Foreman's Fund (S F) 281 292 34% 71% 94 Industrial Bank of Commerce-10 34 37 —10 40 10 155 27 20 70 Trust Manufacturers Co 20 Bank City York New & Co Inc (J P) Bank Sterling 25 100 Cleve Elec Ilium .10 Power Lt & 38% Bank_ 12.50 54 56 Trust—25 86 89 45% 47% 20 38% 40% 20 51% 54% 17 55 58 Angeles 27% 29 Nat'l Security-First Pittsburgh Nat'l Mellon & Bank Peoples 1st Nat'l Bank & Tr__20 St. Louis National Bank & Trust-20 Manufacturers Mutual _25 50% 53% Co & Trust Bank Louis St 29% Trust Mercantile Bank Bank National First Bank National American Boatmen's 25 61 65 Trust 20 61% 65% Union United Bank Bank & Trust 20 65 100 Tower Grove Bank & Trust 160 Francisco of Amer NTH A—6.25 37% 38% Security Issues Ask 99% —1974 100 100% Light 3%s 1984 102 102% 3%s 1984 1979 102 Southern Nat. Gas 3%s 100'/4 Utah Power & 100% 100 % Virginia 101% 102 »/4 Washington Gas Lt 3%s 1984 100 Va 100% West 1984 97% 97% Consumers 5 46 47% 45% 49% 47% Detroit 28% Gulf Gas __ 3s Power . Electric Penn Power 1984 3s 102% - 99% 100 99% 100 % 99% 100% 48 2 3s__ Natural Ask Bid Bonds—(Cont.) 101 % 101 100 Va 90 % Casualty New Hampshire Fire 41% New York 29% North 10 River 2.50 x26% 34% 36% 3.33% 8% 9% 5 Fire 343 353 Northeastern 136 140 Northern 12.50 66 10 88 10 5 65 68 Peerless Casualty Co 26% 28% 120 65% 67% Pacific 60 62 Pacific Indemnity Co Fire : 27/8s Edison Power 3V4S 103 103 % 1984 101% 102 >/4 El 100 Va 100% 1984 98% 102 102% 101% 33% Phoenix 10 77 81 Providence-Washington 10 29% 31% 54 56 65 67 Reinsurance 2 9% 54 10% 57 124 3V4S 3 Vas New 100% 100% Jersey Bell Tel 3s Pacific Gas Elec & (N Y) 10 70 72 Securitv 10 44 20% 55% 5 39% 41 Travelers (Jacksonville Fla)_2% 10 28% 30 U S 42% 44% U Hartford Fire Jnsu- ar.ee Co—10 172% 177% S (New Haven) 10 _100 Fidelity & Guaranty Co..10 Fire 3 Westchester Fire. 2 57% 1,315 * 4% 5.65% pfd • pfd_100 108 109 k 3%s__ _1984 4.36% k__ 10O preferred 4.16%. 100% 99% preferred Ohio Power 4.08% 98% ioi y4 3V4S _1984 1037/a 104 V4 5.85% El 2%s_ _1984 97fe 97% 5.12% . 102 103 101 102 % 99 V4 ioo y4 100 preferred-100 Electric 3Vas Public Serv El San Diego Gas Gas & & ***—V FOOTNOTES ■ C c Tenn Gas Transmission— 100 100 preferred preferred 106% 105 100 % 98% " FOR OVER-THE-COUNTER ISSUES 59 %. 1,355 7d% 73% 49 51 30% 28% & Lgt Gas Mississippi Pow & Lgt— -1984 Penn 57% 48 Spii. -*i Id Fire & Marine St&r-dtu'd Accident., 10 50 (Texas) Paul Fire & Marine Nat Island Lighting— 4.35% preferred 100 Louisiana Power & Light— Panhandle Eastern Pipe Line— -1974 3%s % — Corp Paso 102 V4 _1989 3s 98 1979 _1984 Power Power Long Public Service Montana Dallas 1984 _ Houston Lighting Iowa Stocks- Power 3s_1989 3%s Light Duquesne 68 i xl8% 37 100% 88% 31% Fire 25 1989 10 5 5 Tanover 53% 3yss_1979 Consol io 5 Gulf Life 18% 307 3%s__ -1984 48 46 American 51% City Commonwealth Edison 3s~ _1984 46 & 16% 297 Power 3V4S—..1984 Oregon Central 12% 45 Globe 130 123 Bid 30 55 44 Great 6% Los San 28 Va 10 Republic— Rutgers Fire 5% Recent xll% 6.25 & 124% 44% 43 Bonds- National Union Fire St General Reinsurance Corp 56% 55 10 Co- 270 121% —2 & Trust 32% 30 Trust_17% & Bank National National 4 Seaboard Surety Co Glens Falls.— 165 262 25 Trust 5 Republic Globe 27% 25% 100 20 of Freeport Assurance 27% % 10 225 Detroit 72 Kings County Trust Co Manufacturers 38% :• 38% , 33% , 29 % 10 20 20 Irving Trust Calif 36 Newark 55% 37 .10 First National Bank 91 35% 53% 44% of 54 68 64 69% 51 42% Firemen's 41 20 49 -10 10 3.50 5 210 • 58% 10 32 50 Jersey 100 ' 4 Employers 435 411 Guaranty Trust Co Hanover (The) Bank New Amsterdam Automobile 111 106 420 Cleveland 80% Jersey Insurance Co of N Y—10 Lincoln National Life 10 North 415 Ask 10 300 400 100 Co 294 55% Public Nat'l 30% Casualty_5 5 x34 % 38 Albany, N. Y. Home of Trust 99 100 Savings Bk National Bank of Detroit State Bank of Albany Steamboiler Co & 24% (52% Rye _1 Co 67 100 Bank National 136 • National Bank— 23.17 5.10 Par Insurance 23 399 Rochelle New 24.59 5 25 10 & preferred Re-insurance American 144% 10 131 100 Y Franklin Square N Y 21.43 (Newark N J)—2% Fidelity American 151 96 16 First Westchester Natl Bank 22.55 Maryland Casualty common—1 $2.10 prior preferred— 10 Massachusetts Bonding 5 Equitable Assur American 10 10 64 .20 10 of the City of N Morgan Companies Hartford & 67 Bank National 1 Ask 157 10 Insurance Life Aetna Bli Bank 112 105 10 Trust & Fiduciary Trust United States Trust Par 4% 65 V* 16 10 Trade Bank Insurance Northern (White Plains N Y) 1 Inc Fund 48 3% (ex-distribution Corn Exchange Bank Trust—20 County Trust Co National Wellington Fund Institutional 45% Tr__25 & National Trust Meadow Brook National Bank 13.07 12.19 1 Inc Fund Harris Trust 16.75 4.95 Income First 51% 7.41 5.41 10.19 x6.78 1 Value Line Fund Inc Line 49% 50 Stamped Franklin 8.96 6.06 1 Ask Illinois x48 Empire Trust Television-Electronics Fund Science Continental 15 Commercial 25 Trust—33% City Nat'l Bank and Trust 55% Clark— & Stock Fund value) Funds 40% 413 54 Trust Bank & 1 Scudder Fund of Canada Inc__1 Fund 38% 401 10 Chase National Bank Chemical Bl« Far 100 Trust— Bankers Companies Ask Bid Chicago Bank of New York 44.19 17.50 22.95 34% United 99.918 1954— the Manhattan Co—10 Bank of 43.31 Amer 99.930 September 30., 1954 October 7, 1954 October 14, 1954 York New X16.19 Stevens 99.944 Far 1 Inc September 99.957 99.920 j Bank & Trust 7% 27% 32 14.50 7 1 Inc Scudder, Stevens 1954 99.969 99.948 99.935 1954 21.08 5 5 * Inc— (Geo) Ask 99.991 1 Fund Bid 1954 22, 1954 3.29 Dollar Vain* Ask Rid July 26, 3.00 Bills Dollar Value 1954 1 Inc (T Rowe) Value Fund Investment Co of America 1-54 4- Long Island Trust Fund—lc Insurance 6- 1.50% Shares— Trust Fund Fund United Ask, 1.30% 0.75% Doe 1954 9.85 9.63 3.95 32.13 13.36 Bld Dae Ask 0.65% 19, 8.99 8.79 3.59 1 Dated Bate Bld bl.00 August 4.63 Canada Fund Street Fund Stein Roe 99.20 bl.00 12, 10.34 70.00 9.05 99.12 1959 1-54 5, 9.44 ■ 1, 2-54 August Sovereign Investors 1 State Street Investment Corp__* 8.26 l%s April 9- August 14.26 5.07 lc of - Common : 100.23 8- 6.60 lc Fund Inc — asset 100.4 100 100.21 1959 1-53 August 1 —1 5.10 12.52 Institutional Income Fund Inc 4.04 3.70 6.04 13.05 1 Series 4.64 13.50 2.19 Fund Growth 1 1 32.82 1 Foundation ——1 Series 30.36 1 Institutional 10.92 7.51 8.78 5.65 Shareholders Trust of Boston—1 Foundation Fund Inc. 10c Bank 9.99 .6.87 8.03 5.17 Selected 21.14 Institutional —1 —— Stock Stock Scudder, 15, 12- Dated 18.38 15.65 8.31 3.23 21.14 Investors Institutional Shares Ltd— 14.48 7.51 * Fund Inc 17.13 7.58 2.93 lc Incorporated 1 1 Corp Series $1.50 Fund 1%S Feb. 11- 2-53 Series— Philadelphia 8.99 11.92 9.82 10.03 100.16 99.24 1, 1958 1, 1958 1%S Oct 2.35% — Putnam 100.20 99.28 Securities- 6.85 Utility shares lc Growth Industry Shares Inc—1 Income 12.49 preferred Petroleum & Trading 8.39 shares_lc Institutional Bond shares—lc Merchandising shares lc Mining shares -lc Petroleum shares lc Railroad Bond shares— lc RR Equipment shares lc Railroad stock shares-. lc Steel shares! lc Hudson 11.49 Fund——— 8.31 15.67 8.93 10.88 9.43 9.15 Industrial Machinery Fund 1 Fund administered shares—lc bond shares lc Haydock interest 1-54 Pacific Amer Investors com—10c 6.39 103.31 100.8 1957 1957 1, 2.25% Ml — 5.82 Fund Inc Inc 1-54 12- 2.96 lc Guardian Mutual 11- 1-54 Series Puritan shares— 3-54 1956 6.71 Tobacco 5- 3- Series 6.12 1, Oct. 101.8 100.12 1957- Federal Intermediate Credit Bank Debentures 1.35% 6.95 lc 1%S April 101 103.29 1956 15, 2.15% 1955 Price 1, 101.10 Trust— 1.60% American Pioneer General 100.18 101.11 1955 15, 100.21 100.20 101.13 100.19 1%S Dec. Stock Inc Resources 10.94 10.83 Ask 101.2 8.88 Series Pine 100.15 Treasury Notes— Shares— Resources 9.99 9.89 shares 8.10 Series 7.97 Food l%s Dec. 6.90 . 13.17 England North 4.36 5.26 N 1956 1, l%s April 17, 1955- 13.17 Fund Inc Oct. 1 %s l%s May 4.78 Speculative Series Natural 32nd* of a point 2%s March 3.84 1954 1955 5.45 Series Natural 1 %s 100.21 15, 15, 1 Preferred Growth April 100.17 100.13 100.15 100.19 100.13 15, 1954 Aug. Feb. 1 Balanced Stock 100.9 113 Bid l%s 100.15 l%s Fund— Investors Income 1961 • Maturity— 2%s Sep. Corp— National Security Bond 3s 100.20 100.5 ' 112% 1960 w i Canal 4.38 34.84 9.39 Balanced National 1959 May 2%s Feb; 3.27 5.69 32.23 8.55 Wide Nation 1, 1, 101.24 99.22 102.16 100.14 Treasury Notes—(Cont.) of Indebtedness— 22.64 beneficial of 1958 2%s Ask Bid 25.43 Trust 1, figure* after decimal point represent one or more Maturity— 4.95 asset value Mutual 1957-55 U. S. Certificales of Indebtedness & Notes 20.94 Life 100.27 1956 Panama 23.52 Shares Mutual 12.93 Shares 1955 1, 1957 1955 1, 1, 3.48 interest—1 Mutual Invest Fund 7.27 Equipment 1%S June 1, 2s June 1, Oct. 2%s May 100.19 100.6 100.6 100.15 100.2 100.2 1955 beneficial interest—* of Units 11.81 Capital 1, 1 Massachusetts 2%s Feb. 1%S 15, 1954 1%S March 15, 1955 Inc Fund Growth Fund——lc Chemical shares lc Common (The) Stock Fund-lc Electronics & Electrical Building 2%s Feb. 6.27 Growth Investors 100 & 100.16 100.31 102 99.30 102.24 2%s May 3.96 Investors beneficial Ctfs of 100.13 100 2/32 Inc—10c Fund Bond 1954 Central Bank for Cooperatives— lc Massachusetts Net 1954 1955 lc 7.58 14.31 lc shares —lc shares—————lc shares Automobile 8.61 1M1 2.53 20.64 70.13 6.24 1 Inc Futures 12.48 10.97 ,23.21 j-10 First Boston Corp 3.22 48 7.85 7.00 Industrial Fund Inc_l Financial 6.08 11.39 10.09 20c 5 19.0a 16.09 5.87 20.98 2.93 46 Fund Stock 17, lc shares Steel 10.40 Series 15, Jan. lc shares Petroleum 1, 3.98 lc shares Paper Mass Diversified Trustee Shares— shares Metals —: Non-Ferrous Manhattan 1 Fund—1 Sep. 1.30s 2%s Industries General 15.02 35 % Stock Fund_ 1.15s 100.023 2.97 i 5.17 ; lc shares Equipment shares_lc Electrical Equipment shares_lc Business 13.89 33 % Diversified Investment * Ask 2%s Nov. Federal Land Bank Bonds— Banks— Loan Home Certificates 18.03 Diversified Growth * Value) Asset 15.19 Trust-1 Investment, Inc Dividend Income Fund 1 De Vegh Income Fund Inc 1 De Vegh Mutual Fund Inc——1 Delaware Fund 1 Fund Trust 16.58 Western Federal 11.59 Fund Bid 100.062 Ask Bid 6.60 25c Sayles Mutual Fund— Lexington 13.97 Consolidated Investment 7.11 1 1 Crown Stocks) Pfd Priced Knickerbocker Composite Fund Inc 1 Concord Fund Inc—•—1 Fund Inc 20.56 1 (Low 11.28 14.31 18.84 1 S-4 10.43 13.22 1 Bonds) Pfd (High-Grade 1 rl Fund Inc 28.24 27.37 Bonds) Priced 23.70 28.93 9.61 27.06 25.09 Stks)_l Com Stk)_l (Net Canada General Grade S-l 27.79 30.70 1 Bonds)_l Bonds) (Investment B-2 (Speculative 25.71 28.03 34.56 Keystone Custodian Funds— K-2 X8.89 15.56 33.88 1 represent one or more 32ndi of a point Plgurei after decimal point Mutual (The) 3.67 10'/a 4Vs 12.02 22.04 26.76 * Boston Fund Inc--_—————1 Bowling Green Fund Inc——10c Broad Street Invest Corp 5 Bullock Fund Ltd 1 Bond Ask 14.24 Boston—1 Fund Inc B-l Development Atomic of Trust Investment Johnston Bid Par Mutual Funds— •No value. bBid yield price. k admitted to listing on the New York par Stock Exchange. t New x stO';i. Ex-dividend. ! wi When issued, y Ex-rigJiis. ■ - y Volume 180 Number 5343 ...The Commercial and Financial Chronicle (291) THE Bank - With clearings this a year ago. week show COURSE increase compared an Preliminary figures compiled by OF BANK will in appear issue of next week. our upon telegraphic advices from the chief cities of the country, indicate that for the week ended Saturday, and the Saturday figures July-17, clearings from time cannot furnish them Saturday, all cities of the United States against $18,369,995,715 this center there is for the in 1953. ended ShEo?01* Kansas J&ansas ^roS Ron >415,000,000 1 378,000,000 -558,410,000 378,834,281 * pftfoWoK HlSo ? Cleveland ? Baltimore Ten .___ cities, five Other cities, cities, Total one all cities — 330,541,028 — Philadelphia Cleveland Richmond 6th 5.7 St. 9th 762,285,524 San 4.1 $21,077,489,673 $18,369,995,715 + Outside Our usual monthly detailed statement of transactions the New York Stock Exchange is appended. The results for June and six months of 1954 and 1953 Description— Month of June - Stocks— . shares- & 42,224,938 misc.— 25,075,090 192,980,733 $68,552,000 Bank 57,000 International U. S. government 68,000 Total bonds $77,847,400 517 000 8,024,600 9,238,400 Government. 605,000 69,453.600 51 283 840 35!o00 $68,751,200 $468,180,700 $423,254,340 Reserve Month— I954 33,374,561 March 1st Quarter 29,512,893 34,370,236 28,962,930 23,585,782 25,515,558 2nd Quarter — 86,212,314 78,064,270 months The of bank course month of June 192,980,733 171,913,501 247,188,683 clearings at leading cities for Cleveland 5th Atlanta 7th Month of June omitted) 1954 New York— Chicago 47,566 ou«,t0^,~Cr Louis _ Pittsburgh. San 4,122 2,777 2,595 5,040 1,548 1954 1953 2,422 2-322 "15,169 15 Dallas 12th San 1,679 1,586 1,544 2,296 1,382 2,196 1,200 2,316 1,134* 1,061 Kansas City " 1,642 Cleveland.. 2,041 Minneapolis 1,552 933 1,586 2,040 Outside New 1,361 1951 1 ♦. Richmond 6th Atlanta _ _ _ __ _ _ _ _ — __ _ 9th _ Kansas 5,631 12th 9,079 9,204 9,014 10,857 7,827 7,522 598 7,663 580 4,296 4,103 3,908 2,280 15,699 16,339 13,642 716 606 591 4,244 602 4,202 659 664 3,850 - __ 3,944 3,842 156 132 3,900 691 884 796 391 353 2,861 2,739 549 482 439 2,990 3,052 509 2,468 2,814 504 477 3,097 2,903 612 - 2,819 605 3,644 1,815 3,556 3^408 1,754 3,468 1,609 4,240 4,340 4,025 3,811 386 2,880 2,905 2,737 2,714 4,118 4,115 4,130 1,748 0.3 2,749,480,492 2,347,474,082 2,643,041,567 + 4.0 2,138,244,296 + 9.8 3,431,637,613 3,539,759,860 4,876,558,273 3,347,414,469 + 2.5 3,385,567,603 + 4.6 4,658,239,520 + 4.7 4,470,851,807 95,989,592,057 88,893,269,435 +' 8.0 84,546,100,827 48,423,329,206 47,176,363,800 + 821 309 312 258 250 :774 753 684 652* 453 Seattle 459 406 766 Hartford 709 727 339 303 283 144 130 - 718 346 Salt Lake C. 120 176 _, 1,890 ' . * " " " " " Six Months \ San cities 76,074 72,895 13,162 12,819 11,152 Total 95,989 N.Y.C. We 48,423 now 1,969 ' 897 67,030 463,312 Other cities Out. Francisco Outside " 432,534 418,329 75,635 74,688 New 2,727 York 1,618 1,717 69,488 406,848 66,035 January February 41,672,977,631 years: Six Months Six Months Dec. Vo $ $ 0.8 17,068,759,441 17,453,029,204 + 13.0 239,455,036,469 18,240,057,267 242,738,816,952 274,375,670,042 + 29,897,088,171 29,615,609,558 + 30,717,679,542 31,588,196,912 — 15,791,903,986 15,806,686,143 25,023,805,720 48,948,398,362 24,839,570,893 49,693,582,638 15,863,418,401 15,570,935,795 44 16 44 31 — 44 12,722,333,802 * 227,962,345,673 II 1.0 29,505,658,393 29,725,822,53# 29,211,753,542 28,692.291,690 0.1 14,600,138,311 14,048,591,358 0.7 23,222,008,081 21,593,413,529 1.5 44,214,871,009 44,233,505,241 1.9 + — + 14,529,247,547 11,634,069,589 19,104,854,714 18;995,742,810 26,275,350,720 12,026,974,401 + 5.8 19,654,452,051 19,477,006,468 + 0.9 20,564,885,588 20,225,646,856 + 1.7 . 1051 2.8 44 44 44 11 44 14,768,086,4?^i.| 11,612,852,271 l 18,912,120,093 17,485,940,96ft 26,395,458,105 26,996,829,973 27,399,163,506 — 1.5 538,947,377,820 City 507,222,247,389 + 6.3 487,817,490,606 472,883,457,095 274,320,954,772 ,_ covers 273,973,794,633 + 0.1 257,114,900,035 253,588,139,903 the clearings since January 1, 1954 and 1953: Clearings, Total All $ . + 1.7 90,455,281,857 + 8.0 49,976,051,679 48,766,497,266 + 2.3 250,783,025,430 + 6.6 136,215,519,570 136,113,211,924 + 85,442,341,546 4.6 45,894,925,883 46,252,211,948 82,103,610,978 88,893,269,435 5.0 43,787,180,113 44,432,006,961 8.0 48,423,329,206 47,176,363,800 256,439,221,959 5.9 138,105,435,202 - 137.860,582,709 + 0.2 538,947,377,820 507,222,247,389 6.3 274,320,954,772 I 273,973,794,633 + 0.1 95,989,592,057 — 2nd 6 41,290,638,958 271,544,005,171 May + 10.3 267,403,372,649 quarter. 74,495,597,870 86,222,373,461 1st 44,948,828,933 , quarter months or 1954 1953 +14.2 Week Inc. or 1954 Dec. % 57 ,928,316 56 623,981 + 2.3 1953 $ 2,154,424 2,696.883 + 18.6 144 651,524 + 11.0 5,374,775 5.275,508 + 7.0 15,169 233,896 14,969, 424,271 + 1.3 13,232,954 468,761,613 501,677,676 + 13.0 80 258,979 75 267,908 + 6.6 2,710,881 2,528,914 6,010,841 6.369,760 5.003.240 15,716,655 56,407,968 Springfield Worcester 51,349,527 39,444,813 144,350,915 75,068,218 Haven Waterbury 40,898,830 176,865,999 Connecticut—Hartford 66,445,804 + 17.1 + — + — + 35 ,843,574 130 336,514 33 959,593 27.3 32 ,521,629 28 961,249 3.2 86 425,904 87 191,792 9.9 304 211,225 298 995,077 3.6 22.5 + 13.0 224 221,669 228 229,472 + 3.9 0.1 OA 1-5 + 2.6 Ended July 91952 Inc. or Dec. % —20.1 . 1951 $ $ 2,098,809 2,191,165 1.9 5,359,787 5,074,536 — 6.6 503,531,751 521,109,125 + 7.2 2,464,759 2,405,757 + 23.6 + 5.5 + 12.3 1,420,898 1,149,389 — 0.9 3,100,442 3,868,154 + 1.7 11,034,515 10,460,361 10,438,569 — — 1.8 9,676,397 1,07+484 ~942~278 —19.8 2,086,759 2,251,761 5.5 10.696,506 10,608,062 + — 991 312,757 897 300,717 + 10.5 25,171,376 28,139,492 — 405 994,619- 389 601,676 + 4.2 14,904,252 13,630,468 + + 7.3 8,800,687 8,480,624 0.5 32,218,193 23,995,510 9.3' 14,544,289 14,325,505 31,17X300 0.2 22,703,000 I 7.6 111 ,257,600 110 989,300 156,745,900 —25.9 691 692,500 884 870,600 —21.8 22,T95~300 29,509,900 —24.8 11,148,903 Hampshire—Manchester 21,103,900 116,181,700 Rhode Island—Providence Inc. Dec. % * 46,750,319,045 40,596,395.613 for the week ended July 9 for four years. January 1 to June 30- 23,230*505 15,220,637 New Bedford Dec. * 2.0 2,595,865,312 7,040,485 Lowell Inc. or + 27,553,083 14,958,025 $ 85,832,145,703 2,777,489,534 : (14 cities) 9.302.239 1953 $ 82,156,303,839 -Month of June1953 Clearings Outside New York 1954 Dec. * 87,548,196,573 . detailed statement for each city for the month of June and since Jan. 1 for two years and 1954 Inc. or $ 89,332,039.653 Total June ■ 1953 97,698,872,237 Total our • March 257,114 253,588 Portland Total 43,522,772,865 . $ 44 $ 41,672 274,320 273,973 Massachusetts—Boston New 78,182,749,483 ■ 1952 40 1954 47,176 43,522 $ New Months— Total First Federal Reserve District—BostonMaine—Bangor 10,625,463 Holyoke 2.6 4,535,438,495 • MONTHLY CLEARINGS 487,817 472,883 River 1,977,504,327 2,957,265,879 2,912,636,548 3,067,918,111 , Inc. or 18,390,912,182 __ The following compilation 78,182 538,947 507,222 Clearings at— Fall 2,375,486,391 3,526,843,182. 1953 it 17 19 Total 88,893 84,546 add 4,789,470,623 2,091,466,585 3,255,526,919 Six Months « 15 April 82,827 11,651 ' 991 Tot.27 cities all— • 78o Indianapolis _ 0.7 4,071 665 Memphis 7,225,265,401 2,312,658,545 8,600,046.493 16 City 2,698 564 Denver Richmond 7,580,667,744 2,389,111,954 8,578,043,763 — 4.3 * 826 2,221 541 4,757,121,967 4,112,471,957 3,848 126 560 4,856,882,363 2,499,786,288 3,788,430,756 " 7 - 3,721 611 116 __ 38,026,223,255 0.7 15 — 3,619 13,353 Paul 42,606,943,593 5,023,187,146 0.2 8 Minneapolis 10,779 ProvidenceBuffalo + 13.5 1— 9,105 11,808 Omaha St. $ 2,786,834,87© 4,104,529,350 _ _____ Dallas 2,480 430 1951 $ 2,915,327,561 " __ Louis 10th 675 456 1952 6.3 + $ _ 11th 9,215 2,897 >690 Milwaukee. or Dec. % 1954 Philadelphia Cleveland 5th 6,783 11,363 . Inc. $ + 12 3rd 13,575 722 Louisville— 1953 43,498,837,413 '• ■ • , 4th 9.716 1,794 8,305 the Dallas Re*- District of 4.6% and in the San Francisco Reserve + 14 6,979 1,366 1,278 falling City Reserve District + - New York 13,208 5,548 a District of 4.7%. and 5,355,738,295 City Chicago 6,188 Kansas 5,402,233,798 19 Boston St. 2,826 Orl'ns Detroit • 7,674 6,244 the increase of 2.5%, in 5,133,628,402 15 York 2nd - In an 3,158,121,240 Federal Reserve Districts 13.585 k serve 9.8%. show We append another table showing clearings by Federal Reserve District in the six months for four 10,016 7,663 901 1,557 1,813 1,402 9,536 13,415 of totals 49,375,658.147 181 cities 1st 28,015 7,780 the 2,815,422,677 7 Total 7th 8,289 2,411 1,074 ; 230,702 219,295 22,134 22,748 27,991 8,567 an District 5,438,064,299 11 8th 28,216 1,306 smaller are 0.3%, but the St. Louis Reserve District registers improvement of 4.0% and the Minneapolis Reserve 2,835,570,295 16 a Francisco 8,172 4,537 1,348 15,973,071,09& 8,192,262,497^ 31 11th 28 190 4,775 ' 8,333,407,482 The Chicago Reserve District records 3,357,077,588 " 16 Minneapolis Kansas City 14,560 1,462 17,015,691,439 ' 7.6 — larger by 0.7%, " 8 9th -)(!}••• 1952 338,801,21© * 0.4 off of Philadelphia " 17 Chicago 14,969 ' 14,119 4,840 1,348 _ Cincinnati- New 1951 36,509 264,626 233,248 3,593 23,729 24,135 3,711 by 0.2%. York Cleveland 2.7 — — but in the Atlanta Reserve District the totals increase New —17.8 506,956,515 the Jan. 1 to June 30 1,687 Fran.. Baltimore 1952 41,716 41,023 4,113 __ Philadelphia St. 1953 8,231,190,280 512,287,353 ... V< (000.000 949,285,651 16,096,899,783 the " St. Louis . CLEARINGS IN LEADING CITIES IN JUNE f 1,096,375,294 954,490,6^3 — 428,291,111 cities Richmond 6th and the six months ended with June in each of the four years is shown below: V' BANK 4.5 — 424,076,755 $ Philadelphia 100,148,774 238,806,601 „ 480,268,17© was an are 12 4th 34,289,734 38,456,890 27,402,150 128,004,897 552,573,848 788,643,760 : —13.4 433,181,322 ^54 New York 10th 25,766,988 26,075,090 42,224,938' 947,473,211 6.9 597,313,850 351,778,885 16,024,112,099 the 14 2nd 93,849,231 147,039,909 41,912.744, May June 1,099,468,057 6.7 3.4 gain of 13.5%, in the both Boston 8th 43,867,215 In 9,070,387,896 5.6 — — — 629,200,039 8,133,212,42© 1,049,696,261 1,010,925,51© 532,822.43© * 788,719,775 1,129,106,351 Month of June— 70,180,730 41,233,877 35,625,302 27,195,265 4.3%. $ 611,717,270 5.7 + 889,047,794 Federal Reserve Districts 1st 1951 37,141,073 110,801,704 106,768,419 April Six 34,086,902 30,209,260 42,472,257, of . —11.6 352,194,945 In Richmond Reserve Districts the totals 3rd Number of Shares l953 1952 33,294,760 44,132,383 District I —11.7 having been $95,989,592,057 and a _ 528,185,381 of the clearings for aggregate $88,893,269,435. 1951 $ 7.0 512,037,494 864,890,660 Boston Reserve District of 6.3% and in the The volume of transactions in share properties on the New York Stock Exchange for the six months of 1951 to 1954 is indicated in the following: January February 1953 1952 454,621,370 body of clearing houses of 8.0%, the 1954 Reserve District the totals record $60,658,600 $398,116,600 $371,418,500 5,500 Foreign the Francisco 524,916,505 cities a summary — 8,194,114,405 7,690,692,070 aggregate of« clearings 238,806,601 Inc.or Dec. % 611,406,314 . Bonds— Railroad for the entire Six Months— ' of San 494,501,390 City today, City 3.4%, in the Dallas the 401,480,690 the month of June. For that month there follow: $ 1,086,418,573 " , 111 York 1953 847,074,418 " 10 . We also furnish of Number New in and CLEARINGS 989.281.195 " 6 Francisco Total 1417 BANK 550.879.196 " 10 A +15.6 — by 17.8% Reserve District by 2.7%. 1,005,542,532 " 7 City smaller by are District 1,038,057,576 " Minneapolis Kansas Reserve 933,235,808 " 4 Dallas 12th $17,60^,710,191 Reserve District totals 512,922,759 733,616,801 " 17 Louis 10th Reserve District the totals register at 6.7%, in the Richmond Reserve District of 938,391,371 " 6 Chicago 11th 3.8 " 7 10 8th 3.1 this of 6.9% and in the Atlanta Reserve District of 13.4%* The Chicago Reserve District suffers a decline of 4.5%, the St. Louis Reserve District of 11.7% and the Minne¬ apolis Reserve District of 11.6%. In the Kansas 568,886,227 8,661,017,367 " 11 : Atlanta 7th +20.9 — diminution $ 11 5th the 1954 New York 4th 0.6 that in the appears - . 12 cities 3rd +10.6 509,424,433 $20,346,375,432 week 2nd 7.6 + — July 9— Boston 1st 5 0 in Cleveland Outside of this city there Federal Reserve Districts 5.1 + 515,100,404 731,114,241 for week in 1953. it (including a falling off of 7.0% Philadelphia Reserve District of 5.6%. In. and are SUMMARY OF 4 6 + days—______ $16,690,804,226 $13,806,282,576 3,655,571,206 3,801,427,615 day same this District city) the improvement of 5.7%, but in the Boston an the decrease of a from and Reserve Reserve District the totals record statement, however, which we located totals show July 9. Week Ended 3.1 + five days Total all cities, five days All detailed % +32.3 — 381,301,655 480,262,534 320,374,845 not available at are 7.6%, the bank clearings at this cen¬ having registered an increase of 5.9%. We group the ter $8,643,041,080 1,014,980,915 1,097,000,000 568.287,176 > 395,205,885 351,400,000 597,209,005 Pit; city elaborate 783 in the was 1953 $11,431,252,664 983,459,897 1,148,000,000 p2,r-Fnlladelphia York For that week there was a decrease of 0.4%, the aggregate of clearings for the whole country having amounted to $16,024,112,099 against $16,096,899,- At HdVH93131 AS SNUni3H-S0NIHV313 1954 New able to give the final and complete results for the week previous — the week a Week Ended July 17— the present further below we gain for the week ended Friday of Our comparative summary for the week follows: 32.3%. are the week ends as they of In $21,077,489,673 week same today, inasmuch cities according to the Federal Reserve Districts in which We going to press. Accordingly, in the above the last day of the week in all cases has to be estimated. from which it is possible to obtain weekly clearings will be 14.7% above those for the corresponding week last year. Our preliminary totals stand at CLEARINGS Complete and exact details for the week covered by the foregoing us, based 47 27,TeO, 000 8,864,618 + 25.8 55 357,990 48 ,305,117 + 14.6 2,381,354 2,031,000 + 17.2 1,681,246 1,644,410 3,357,077,583 3,158,121,240 6.3 18,390,912,182 18,240,057,267 0.8 568,886,227 611,406,314 7.0 611,717,270 629,200,032 + + + — The Commercial (292) *8 -Month of June$ * Week January 1 to June 30 - Inc. or 1953 1954 ^ Clearings at— 1 ^ - $ $ ' July 9- Inc. or 1952 1951 Dec. % 1953 1954 Inc. or Dec. % $ S Ended ———- 1953 ,1954 Dec. % Chronicle... Monday, July 19,. 1954' and Financial $ $ Steind Federal Reserve District- ■New YorkNew 274,143,109 Buffalo Elmira ■ i Jamestown , •38,476,128 38,235,657 3.0 4.2''1.814 1.5 2,990,479,556 — 2,2/1.289 + 64,522,654 6.7 2,475,409 2,128,897 16.3 1,892,144 2,111,397 58,429,798 59,942,315 + 2.9 7,865,709,503 5.9 9.7 30,433,024 26,364,413 + 15.4 8,682.283.957 28,150,417 7,780.808,598 264,626,423,048 8,333,420.029 + 283,248.452,756 2.0 — 6.1 — 2.5 + 13.5 93,833,957 3.6 3,052,298,210 68,727,043 .5,453404 103,461,845 16,990,620 18.405,752 7.7 20,090,489 17.452,368 0.6 5.1 +14.2 28/79",371 32.5 18~25M94 14,O09.552 52,517,807 55.45i;i30 — + 14.0 2,369,384 130,654,223 + 12.6 815,991.027 743.925.326 + 83,077,868 + 1.1 490,511,818 487,614,365 + 17,800,700 + 2.3 100,431,070 95,582,277 93,411,047 + 8.2 610,319,597 534,301,523 270,478,853 + 7.4 1,614,553,269 1,501,269,945 + 7.5 56,076,905 21/727/578 53,508,925 311,636,685 292,904,259 + 6.4 1.787,421,765 1,749,374,188 + 2.2 53,852,721 56.896,742 8,661,017,367 8,194,114,405 ,/ Jersey—Newark Jersey 43,498,837,413 +13.5 4,001.342 9.3 103,172,661 100,391,074 2,o'l3,\)o2 z,<tDo,l'38 — 6,388,329 7.4 4.7 40,522,631 139,043,347 — 24,8 i5",930 -U~— — 13.0 + 242,738,816,952 274,375,670,042 7,327,099 49,375,658,147 Total (12 cities) /- 802.775 3 —21.3 + 290,558,972 Connecticut—Stamford New 2.1 — 83,976,914 18,214,846 — Utica Northern + 111,108,063 + 101,094,432 Syracuse New 1,086,220,941 107,744,141 — 41,716,905,635 147,086,391 Rochester - 10,193,238 1,108,842,299 2.8 + 11,371,859 47,566,262,851 New York 73.565,073 96,406,672 0.6 + 9.9 + 549,329,656 11,783,569 — 18,611,650 10,487,684 —- 304,098,415 19,130,565 541,282,129 York—Albany Bingham ton + 4.8 + 5.4 65,047,360 57.968,385 5.7 — 9,070,387,836 8,123:212,420 '+ .1. . ; 1.1 . Third Federal Reserve District—PhiladelphiaPennsylvania—Altoona _. 6,858,601 6.981,155 . Bethlehem 1.1 + 9,191,804 9,293,080 Chester ,560,387 46 992,323 44.986,191 9.4 1,523,800 1,795,522 6.2 1,472,685 1.315,813 4.3 1,694,638 1,825,192 3,919,080 4,~215~894 0.8 + 37. ,037,792 42 883,"o~ob,000 934rOO~o"6o6 — — 31,593,380 0.1 175,230,571 176 ,310,530 20,973,857 21,838,859 — 4.0 122,719,066 121 803,739 + 0.7 6,004,859 5,853,663 + 2.6 31,440,021 + 4,840,000,000 15,037,576 30,348,261 — 15,204,236 15,295,905 — 41,113,270 36,228,908 Philadelphia Reading - Scranton Wilkes-Barre ; York .2. Du Bols 1,226,761 5,858,638 62,758,498 Total <<■ y ~7~0 84,322,093 215,181,722 186 322.458 —10.6 3,412,941 3,209,132 14.3 5,795,556 5,602,024 11,910,750 6,119,574 6,997,351 8,216,511 32,718,527 35, 247,727 9.3 337,209,764 297,861,757 331, 872,714 1.6 11,349,758 11,986,754 27.5 271, 852,359 9.6 12,614,562 15,290,861; 933,235,808 £89,281,195, 4.3 39,162,210 1,061,063,900 2,040,671,740 + 8.3 + 1.2 + 0.1 192,456,200 13,130,609 + 9.7 + 5.1 29,897,088,171 — + £ r A2 7.2 1.0 + 29,615,609,558 • — *>1 4 26.7 6.9 + 3.839,686 - 3.133,016 9.7 15.5 i,oo6rooo,ooo 6.2*° /414 *2,800,000 + 1,047^000^000 3,246,900 p + 483,070 6 4~21Q,t>34 9.2 3,296,203 4.870.447 7.4 + — — —22.7 2,993,487 + 76 ,848,820 3,552,485 ~5.5 — ?gq 1.1 5.8 + — 992,162 1,268,388 5.3 13,20 ',642 —17.5 12,843,874 10.176,865 5.6 1,099,468,057 1,049,696,261 — — K- Fwrth Federal Reserve District—Cleveland— 42,403,235 Ohio—Canton 1,074,226.886 Cincinnati Cleveland 2,041,085,598 Columbus 211,151.900 Hamilton 4*:) * 13.803,945 , V ' 6,373,021 6,513,061 Mansfield 40.832.848 40,834,330 47,461,332 47,430,964 + 28.527,627 5,438,064,299 Greensburg Pittsburgh Erie • ; ' ^ ■ Oil City Kentucky—Lexington West Virginia—Wheeling Total ' cities) (17 5,402,233,798 2.0 4 0.4 —11.7 + + / 6.0 408.684,713 — 40.055.700 "41.433,500 5.811,677 11,00 >,244 9,068,026 + 21.4 5,456.600 4.6 10,044,173 10,041,138 + 0.1 11,701,768 11,064,041 305,559,127 328,171,138 — 6.9 306,848.773 332,427,194 2.8 938,391,371 1,005,542,532 ;r.v^T04?,473,211 1,010,925,516 2.3 3,411,318 15,729,000 " . 7.5 — 801,355,725 5.6 — 22«, 175,720 --4.3 16,197,032 . —11.8 10,016,594,970 1.9 — 171,464,278 30,717,679,542 2.6 + 121,500,038 0.7 3.9 — 134.397,350 168,274,506 97,953,301 4.8 — 180,708,368 —28.8 31,588,196,912 + 202,654,212 369,432,659 + 11.5 — 193,159,070 ' 8,850,179 206,506,338 0.1 — — —10.2 37,304,291 208,791,912 173,687,094 137,823,314 19.7 40,995,900 7,471,373 5.2 8.8 6.3 — 0.5 270,163,107 14,289,816 9,536.689,964 1.6 — 40,964,700 6.3 ~ 21,226,558 + 392,295,513 + 756,308,694 —10.8 4,103,680 2,824,187 1,679,818,795 34,198,028 I 22.800,698 21,915,044 22,602.922 215,183,694 357,707,103 '.:•+ 33,510,397 ;v 203.938,594 3.8 69,976,886 257,693,987 178,668,306 0.1 9,168,430 0.9 1,123,993,000 232,866,957 0.1 5.8 + — 11,808,569,271 11,363,033,293 1,194,919,100 70,303,452 /, 9.787,123 + 223,062,229 6,188,783,665 —15.8 138,827,463 3,661.080 2,779.010 1,687.360,726 30,196.502 27,292.485 23,226,029 16,100,925 - County — 33,879,967 141.581.150 Newark Toledo Pennsylvania—Beaver 235,995,302 6,244,455,501 - 2.2 — Youngstown Lorain • + 88 736.457 170 0.6 5,133,628,402 5,355,738,295 cities).— (15 160,994,247 28,216.000,000 + 49,652,875 . Jersey—Trenton 89,741,723 4.8 + 57,400,309 63,320,152 Delaware—Wilmington New 4.4 + 13.5 6.323,377 • 4.1 + 1,148,057 Hazelton + — 1.593.670 1,440,957 / 7.2 0.3 5,040,000,000 15,699,107 28,883,611 31, 549,020 27,991 ,000,000 1,277.592 + 11.9 — 0.6 31,562,470 — Harrisburg Lancaster Lebanon 1,521.778 1,438,696 —15.1 —19.4 — ,7, ' /Fifth Federal Reserve District—Richmondwest Virginia—Huntington Richmond South 23,669,045 51,931,338 Maryland—Baltimore 1,348,283,209 Frederick District of 4,947,147 Columbia—Washington Total 531,821,313 455,365,000 "• 463,991,000 1.9 4,340,040,446 2.3 142,204,872 146.215.840 4.5 316,442,833 308.370.841 7,663,096,972 5.6. + 0.7 + 7,674,020,869 17,393,000 2.9 141,044,181 6,426,221. 33.583,044 29ir5~37~824 103^72",103 550,879,196 17 250,000 128,293.658 . v5.353.586 5,172,917 —i£i 282,162.053 266,143,834 6.0 103,076,240 6.9 552,573,848 —24.4 98,051,694 512,922,759 + ■ —10.7 2,745,531,902 249,758,561 0.2 29,998,960 2.7 — —16.8 2.6 + 2,851,471,417 2.5 — —23.4 4,858,468 4,240,537,960 1.2 3,648,705 3,544,783 4,453,591 18,899.000 131,510,866 135,273,309 2.8 2.8 + 2,815,422,677 2,835,570,295 cities) (8 94,932,201 92,785,972 4.0 753,713,595 23,964,533 49,684,804 1,382,220.059 5,083,596 503,745,402 774,601,856 Carolina—Charleston Columbia 0.7 16,336,688 80,674,000 16,449,387 83,867,000 Virginia—Norfolk — 15,806,686,143 15,791,903,986 3.9 + 0.1 + — •- 110.313,266 ~ 532.822,430 Sixth Federal Reserve District—Atlanta- 427,186,106 Georgia—Atlanta Augusta ; Columbus > Tainpa 30,802,191 — 23,181,428 — i + 17.8 20,494,921 44,801,191 3.7 4.0 + 3.4 5.1 77,261,616 79,948,171 1.7 242,400,000 4,897,204 266,700.000 — 109,113,171 5,442~460 6.452^36 + 6.9 126.B11.892 146.883,394 121,243,303 116,731,103 + 2.8 171,007,314 125,711,027 156154,352 .700 HJ.785.iol 3,953,016,089 280,108,223 5.8 126059.550 + 11.0 8.850.243 — 3,963,180,681 579,803*029 39,125,580 + 13.9 3,735,683,648 251,463,383 + 6.6 119,436,998 120,162,577 — 20,059,091 + 3.3 127,731,000 127,337,000 + 247,517,854 300,214,984 39,651,174 43.058.868 — — 21,213,000 20,543,000 43,284,348 _— Meridian 46,530,590 6,530,760 6,503,033 6 Louisiana—New U ' Total 722,369,044 Orleans r- + 226,553,947 8.35 0.6 0.3 —17.6 7.9 25.2 13,864,094 14,354,856 3.4 524,400 717,958 —25.9 543,015 658,041 7.0 4,296,649,145 4,103,053,436 + 4.7 124,299,075 138,263,591 —10.1 111,538,561 128,371,237 0.2 675,343,602 • 25,023,805,720 24,839,570,893 + 0.7 733,616,801 847,074,418 —13.4 788,643,760 788,719,775 + 12,5 2,282.248 1,766,176 + 29.2 1.838.955 1,710.853 13~414~,275 15,306,560 —12.4 11,946,307 14,0~75"07i 6^535^007 8,357/587 —2T.8 6.518.211 + 4,112,471,957 4,104,529,350 (16 cities) 0.4 2,868,710 2,147,472 Vicksburg 6w 7.0 + 6,681,740 i.sToTsbo 4,813.616 21,374,578 Jackson 8,566,032 + 14.6 44,547,850 - -33.9 7,411,533 —10.5 599,415,683 Mississippi—Hattiesburg 84.414,953 266.309,000 134,409,203 120,338,682 / 125,071,188 'V 4,227,244,314 288,026,313 Montgomery + 96,430,200 283,651,075 - —18.6 Mobile Alabama—Birmingham 21.528,838 23,714,554 3.4 9.1 - 179,783,797 : 146,440,717 13.4 0.9 + 8,118,800,000 -16.3 22,340.297 18,699,205 + 633,607.394 2,532,816,667 7,982,200,000 15.5 649,320,694 46,585,022 — 639,307,134 2,663,180,076 3.6 1,373,500,000 24,137,511 673,506,955 Macon Florida—Jacksonville ' 3.9 9.9 — — 473,822,861 1,324,500,000 26,028,571 20,073,477 Nashville 4 105,772,036 101,628,973 Tennessee—Knoxville i Seventh Federal Reserve District—ChicagoArbor Michigan—Ann Detroit . 1 Grand Rapids ' Jackson v 64,392,582 16,339 ,873,281 204 ,532,108 172 ,853,236 5.7 383, 603,872 + 13,512,001 —13.8 36,335,445 11,643,641 378,117 15,699 ,747,104 — 30,474,824 68,094,660 51 57 814,446 2.4 + 37.7 2,897,689,770 2,826,951,000 41,963,400 - + 19.5 8,810,836 10,529,711 »—— i- Flint — — 354 916,875 + 75 ,501,070 73 ,837,643 3,9 + 18.3 — 8.1 2.2 ■ 35,602,967 16,069,843 12,202,814 Lansing /Muskegon Bay 213 385,720 101 079,392 66 ,018,390 11,640,380 + 4.8 69 766,848 + 83,532,303 312,906,802 48,013,619 15,120,230 + 33,283,417 j, 28-,989,870 + 14.8 — Wisconsin—Madison ; .Milwaukee* .... Water town 1 „ . ... 6,137,539 6,320,841 9,536,838 1,612,553 - Manitowoc Iowa—Cedar Rapids 430,087,208 456,673,994 > +. .*> Sheboygan 64,419,407 City 156,626,560 ,405,132 3.4 454 ,320,577 8/715,893 1,815 ,313,360 1,754 ,952,249 3.4 69,754,000 65/756,000 217 ,586,044 267 ,392,038 —18.6 87 ,048,998 85 ,891,137 + 1.3 8,993,109 3,690,163 (sr«3,727,466 i.76 ,387,603 + 5.3 + 4.5 185 6.2 ,806,911 2,861 ,845,734 2.9 33 ,824,089 2,739 ,283,819 36 ,925,513 58 ,558,684 60 ,527,029 9 ,108,914 9 ,741,901 + + — 4.1 3.9 IS 21 ,050,074 — 130 ,825,370 5.5 980 ,854,675 381 ,100,965 , 5.3 361 ,917,649 18 ,186,522 16 ,878,822 56 ,470,568 —12.5 4.765,427 4.525,464 8.5 35,663.921 35.701.986 «**£,816.437 3.2 7,693,916 4,11,3,920,645 9,419,239 —18.3 4,122,604,601 Decatur 21,638,991 20,123,504 Peoria 64,394,075 — Rockford 62,953,250 39,877,487 43,075,904 — Springfield 24,770,262 23,483,782 13,000,822 7.7 58 ,276,801 —22.7 18,075.044 18,461,215 sassr- 3,239,802 + + ,951,713 24,135 ,543,125 40 7.5 125 497,303 109 2.2 335 ,802,898 — 1,507,302 751,289,783 ,608,804 — <$81,009,640 215 459,859 244 ,707,667 132 ,360,473 118 ,787,753 (31 cities) 15 ,801,273 14 ,632,281 48,948,398,362 49,693,582,638 + — 855^89.921 5,265,236 4.523.372 14.828.208 5,882,233 11,772,097 14.577,462 —19.2 15,564.011 7,268,735 - + 11.4 0.3 — 1-^544^866 814,201,Q25 —20.8 -ws#*«&,359,297 —22.3 7.875.204 8,251519 4,632,448 Imu; —18.8 5.686.958 5,553,786 4.5 1,036,375,294 1,129,106,351 2.2 305,500,000 300,400,000 —12.0 5.5 — 4,657,983 2.8 7.4 1,808.633 3.8 —18.2 1.842.153 1.7 + 14.5 345 ,526,759 + 48.5 2,181,701 8,600,046,493 1.0 40 ,544,305 23,729 736,720 - 5,704,511 8.0 , •JJ) Total — — 8,578,043,763 Sterling 5,189,083 36,543,071 4,541,701 33,429,358 0.7 0.2 3,5a0,429 86~599~753 94,38-+480 95.966,083 6.5 3.5 + 11.7 — ■/J 3.3 3,073,260 * 3,925.620 8.4 7.2 + 914 ,945,379 + 10.5 92~5T2,652 lj.,^iz,o32 89 — — —12.3 126 386,635 — 9,805, Tty*:'——. ' 0.8 + 58,281,507 — ,726,820 + * — 10,868.918 Bloomington E"98~431 48,428~66O 1.3 3,051,181 Chicago 6.567.184 54/525~000 9.3 12,143,587 Ames Illinois—Aurora 8,808,420 3.0 —13.4 22,368,038 165,311,675 Moines 231 468 066,311 — ' 1,549,778 - 223 567,538 * —11.6 3,542,896 3,403,527 5.7 1.6 — * bJiY,5B5 1.8 + + 10.3 11,013,842 22,554,259 3.8 — 102 ,924,748 16,525,167 South Bend + 205 613,356 8.8 41,985,349 Terre Haute Sioux 2.0 42,463,870 Indianapolis Des — 92,107,665 309,017,086 Wayne Gary Oshkosh 17,626,828 42,649,609 City Indiana—Fort , v 1.5 1,038,057,576 ■«-! 1,086,418,573 'f — ■ t'i-UUrtr. Eighth Federal Reserve District—St. Louis— ! Jfe«JSPVTJK" 1 Missouri—St. Louis 1,548,889,243 Cape Girardeau 14,085,792 Independence 2,662,083 716,405,048 Kentucky—Louisville Tennessee—Memphis Illinois—Jacksonville „ _ 453,007,726 2,359,574 690,442,167 i 459,295,705 (7 cities) 2,907,836 2,502,711 11,522,764 Quincy Total 1,462,666,287 14,170,664 11,604,459 2,749,480,492 2,643,041,567 + — 5.9 0.6 8,567,147,877 81,750,400 + 8,289.335,516 82,954,039 + 12.8 14,801,126 + 3.8 4,244,576,534 2,880,408,234 + 14,247,913 4,202,574,930 1.4 — 2,905,631,186 — + — 3.4 283,700,000 290,000,000 1.5 3.9 1.0 9.5 110,976,436 115,659,683 —11.4 93,185,808 88,158,046 —26.2 2^623~IO5 2/Lj8~786 0.6 512,287,353 506,956,515 + 160,275,814 0.9 78,782,417 ' + 16.2 — + 0.7 4.0 15,013,982 12,966,431 59,720,248 63,225,780 15,863,418,401 15,570,935,795 > +15.8 — + 5.6 2^158^274 2,922,594 1.9 524,916,505 528,185,381 •••■?'";r. 10 vuti.if! i — ;v' .»• .i', <r+r'i4;- ' Ui Volume 180 "Number 5343... The Commercial and Financial Chronicle (293) -Month of June— Clearings at— • 1954 Ninth Federal Reserve DistrictMinnesota—Duluth • 37.854,011 38,720,957 1,402,942,581 8,962,817 8,700,552 560,197,030 509,068,439 Paul Winona Grand Forks 31,601,300 4,122,000 5,300,824 5,610,123 3 ZZZ South Dakota—Aberdeen. Sioux Falls 8,305.695,241 51,270,910 191,361,848 7,827,257,006 23,705,722 23,536,994 + 97,"791~815 7,400,733 + 189,970,863 182,593,651 5.7 25,347,000 29,737,026 25,713,000 5.5 4.8 97,434,066 94,945,469 + 154,215,310 + 19,711,400 + + 15.6 128,003,903 119,411,779 + 7.2 + + 13.2 93,507,631 87,292,175 9.4 293,078,334 302,627,926 + 0.5 2,138,244,296 + 9.8 4,511,047 36,7537 042 659,481,226 Kansas—Manhattan 3,376,932 Parsons 8,831,587 12,026,974,401 . ., 4.4 24,685,388 8.6 I 3,944 ,193,947 3,842 005,836 17 ,660,336 17 126,623 13 ,260,273 14, 761,796 235 ,602,515 221 474,332 + 16.5 97,473,607 50,827,723 tw.-w 3.5 25 886,910 9,079, 170,248 57438",697 8.6 303 560,492 4* 25:3 ! 433,181,322 424,076,755 2.7 126,063,149 122,747,082 9,632,515 975,480 ttvf!■ 14,511,959 -caw: ^2 020,241 452,051 973,659 -< - 3,347,414,469:; El Paso ■y 36,825,482 ; 28,757,000 1,373,774,620 8,369,171 • Falls—_ 28,028,433 Texarkana 230,458,729 —rfo 979867508 1078bi75oS 1.2 22,600,517 21,079,052 —""578 382,5227744 275^559/986 2.8 10,846,021 12,429,580 673 4,"1077695 22,806,037 22,153,420 1.4 309,036~589 324,554^175 3.2 10,737,394 10,443,085 4,176,363 4,455,040 3,7017102 2.9 + + 0. a 5. 9 934,628,737 821,465,850 6. 9 164,672,000 n ? 5.6 * + 13.9 — 6.7 2^932~940 4,~314~4l3 —3275 379317651 + 0.9 494,501,390 512,037,494 -3.4 597,313,850 + 1.1 — 2. 9 8,191,416,442 —15. 4 43,688,691 — • ^0877355 480,268,178 47,935,695 + 6. 9 + 7,618,897 9,462,647 —19.5 8,632,499 8,612,361 296,023,003 361,~6~507746 —1871 289,43l7836 275,694,058 1,028,339,742 32.~3357746 —1675 30,837^025 31.4907702 6,750,000 .—22.8 5,473,000 5,942,000 570067419 6,557,343 —20.6 6,232,314 6,258,985 "2.4 Il7l72~,2n 1078~037i04 —17.8 351,778,885 338,801,210 + 22.0 156,641,067 7.5 4,586,044 141,973,527 4,395,766 7.1 + 4.0 9.1 — 27,"o~79~128 '> 4.3 + V 5,209,600 6.1 — 0.4 + 8.9 — —19. 1 157,065,317 39,157,052 154,996,871 47,317,937 + 2. 2 324,235,021 299,700,015 + 8.2 n72~57,898 lI7534,629 + 4.6 20,564,885,588 20,225,646,856 + 1.7 352,194,945 428,291,111 + 20.7 8,251,180 42,819,643 3,385,567,603 1.3 + —17.3 — Twelfth Federal Reserve District—San Francisco— Washington—Bellingham 8,217.844 6,806,554 766,812,477 709,477,945 + 8,1 4,118,068,584 38,269,166 4,115,194,298 + 0.1 173,517.972 142,184,533 22,932,622 20,238,824 + 13.3 122,156,297 111,545,461 + 9.5 5,463,070 5,082,959 34,307,969 30,213,734 + 13.6 199,916,045 192,817,075 + 3.7 10,800,000 700,811,975 Seattle 10,743,000 717,935,930 134,278,058 175,418,890 —23.5 153,959,652 160,965,047 17,062.484 13,274,261 346,033,372 339,194,874 53,395,572 61,174^033 —1277 637744",942 63/343^036 127,252,114 105,884,346 46,158,692 42,157,095 ; Yakima * Idaho—Boise Oregon—Eugene Portland Utah—Ogden Salt Lake City : Arizona—Phoenix California—Bakersfield Berkeley 0.5 55,800,000 63,544,000 2.4 3,919,495,294 4,251,323,334; + 28.5 97,650,636 83,481,477 2.0 1,890,398,799 + 20.2 759,446,489 1,969,342,473 625,560,152 9.5 242,271,131 243,303,721 + — + + 41,155,513 32,893,554 + 25.1 Long Beach 93,315.434 92,317,180 + Modesto 24,426,706 27,386,442 65,512,400 59,760,067 Pasadena Riverside 15,329,266 9.6 369,830,162 5.2 91 0.5 — 14,577,030 + + 5.0 + 2.5 411,882,803 410,871,340 + + 19.6 145,419,130 139,417,514 + 426,308,088 19,926,978 7,020,845 4.3 45,261,609 44,919,531 + 0.8 242,991,808 269,788,406 — 88,236,243 13,415,130,075 ' 88,441,415 0.2: — 13,585,162,798 1.3 — 437,5497840 4,876,558,273 4,658,239,520 + 4.7 26,996,829,973 27,399,163,506 88,893,269,435 + 8.0 538,947,377,820 507,222,247,389 48,423,329,206 47,176,363,800 + 2.6 274,320,954,772 273,973,794,633 18,139,416 14,6927741 513748~l7844 276 5077622728O + 18.3 15,906,062 5,939,735 10,433,742 10,494,498 9.9 +18.2 6,402,531 5,185,181 0.6 9,540,647 11,496,438 1.5 804,890,660 6.3 18,024,112,099 0.1 7,690,692,070 + 15,612,655 — 954,490,693 949,285,651 0.4 17,015,691,439 15,973,071,095 — 8,231,190,280 2.7 — 16,096,899,783 + — 889,047,794 +r — 1 2075007024 16,1877444 — 16,838,265 ' 95,989,592,057 "o75 +~o75 20,395^252 147oTo7565 '' 0.2 22,067,297 " Total (181 cities) 20,333,617 14,151,962 . 1.2 — 26,403,678 Outside New York * + 136,413,016 374,319,363 4.3 71,895,589 Barbara Total (19 cities) fclrand 135,733,630 0.5 + + V 2,296,496,267 Stockton 7 —10.8 + 21.4 191,620,011 , 4.0 — 508,748,486 1.1 7.8 + 17.0 — 73,705.805 Jose Santa ' 209,121,249 530,461,955 —12.2 — 2,411,058.313 San Francisco San + 11.9 + 7.6 8,333,407,482 8,192,262,497 Estimated. Condition Statement of Member Banks Foreign Exchange Rates Pursuant to the requirement of Section 522 of certifies daily to the Secretary of the countries of the world. FOREIGN EXCHANGE the Tariff Act of 1930, the Federal Reserve Bank Treasury the buying rate for cable transfers on the different We give below RATES CERTIFIED BY JULY Country and Monetary Unit a record for the week FEDERAL 9, RESERVE 1954 TO JULY 15, BANK 1954, July 9 UNDER TARIFF ACT OF 1930 INCLUSIVE Noon Buying Rate for Cable Transfers in Friday Monday July 12 New York (Value in United States Money) Tuesday Wednesday Thursday / Basic .200000* .200000* .133333* .133333* .133333* .133333* .0719820* .0719820* .0719820* .0719820* .0719820* 777 7"wT .0385802* .0385802* .0385802* .0385802* .0200250 .0200250 .0200250 las .0428082*1" .0428082*t .0428082*t .0428032*t •*- .0352609*1" 0352609*1" .0352609*1" .03526C9*t .326900 .326900 .326900 .326900 1.025937 1.027031 1.028984 1.027343 .210950 .210950 .210950 .210950 .00435401* of, .00435401* .00285625 .00285625 .00285625 .00285625 .23837V .238379* .238379* .238379* .210933 rupee .00435401* .00285625 .210933 .210933 .210933 .210933 2.817812 2.817500 2.817500 2.817604 2.817910 peso .0799520 Netherlands, guilder Philippine Islands, Portugal, escudo Sweden, krona Switzerland, franc .0799520 .264171" .264150 2.7902227 pound Norway, krone 2.789913 .140080* peso .140080* .004354C1* . .0799520 .0799840 .264100. .496766* .0349000 .193330*' .233275" .193330* .193330* .0800320 .264100 .140080* . .140080* .496766* .0349000 .0349000 .193330* .193330* .233225 .233175 .233150 2.807285 2.807077 2.806973 2.807181 2.817968" peso .233250 2.807596' sterling 2.817812 2.817617 2.817500 2.817656 r" *« creased $53 to industry appear in release. Loans to brokers and dealers for carrying securities decreased $116 million. "Other" loans increased $64 million. • District. Changes according another press purchasing or ( Holdings of Treasury bills decreased $101 million at all reporting member banks; the principal changes were a decrease of $235 million in New York City and an in¬ crease of $109 million Treasury notes respectively. *« »« Demand decreased tApplication depends upon type df merchandise. **Temporarily omitted. the San Francisco District. $22 million and $24 million, ' Via*) New York deposits' adjusted decreased $113 million in City and $56 million in the Kansas City Dis¬ trict, and they increased $99 million in the San Fran¬ cisco District and $43 million in the Atlanta District; there was a net decrease of $8 million at all reporting member banks. Borrowings increased ♦Nominal. in Holdings of Treasury certificates of indebtedness and of 2.789809 .496766* .496766* .0349000 .00435401* .264100 .140080* .496766* , 2.789603 2.789706 .0349000 Union of South Africa, pound United Kingdom, pound Uruguay, 2.245185 .238379* franc pound New Zealand, 2.245019 .326800 markka Dominion Mexico, 2.245102 .210950 France (Metropolitan), Germany, Deutsch Mark Ireland, 2.245268 1.025781 dollar rupee Finland, $ .0200312 .0352609*t TV, Malaysia, Malayan dollar Canada, July 15 $357 million in loans to banks, $252 million in demand deposits credited to domestic banks, and $381 million in borrowings, and a decrease of $536 million in United States Government deposits. Commercial, industrial, and agricultural loans de¬ million in New York City, $47 million in the San Francisco District, and $11 million each in the New York District outside of New York City and in the Dal¬ .0428082*t Ceylon India, .200000* 2.245517 ; Brazil, cruziero— f7ieu .200000* commercial, industrial, and agricultural loans, $150 million in hold¬ ings of United States Government securities, and $130 million in balances with domestic banks; increases of .0385802* +?.r schilling Belgium, franc o $ principal Decreases of $156 million in .0200375 — British July 14 $ $ Freierential Austria, July 15 .133333* peso— $ .200000* Argentina following the ended July 7: TREASURY Reserve System of the Federal shows just passed: TO reporting member in leading cities changes for the week The condition statement of weekly banks District. f , I n 2.5 + 787,432,269 175,304,000 8,155,746,080 ; 7J 3.6 + 134.745.383 9,166,172,482 i 4.1 + 227.956.382 "125,246,314 + 51,448,129 3,539,759,860 cities)—— 152,109,720 1 142,946,109 + ■ -9] 532,851,435 + — 26,221,389 6,674,376 52,598,360 Louisiana—Shreveport 2/5. 7 9,, ' 138,298,366 26,782 000 - -• Houston + ''+■ 6. 4 156,515,614 146,435,734 7,082,398 . 2.7 ' 8,994,471 KM?1 22,397/713 1,534,708,939 1,413,757.432 • __— ' 890,971 9,342,543 X\- 157,109,743 Worth —28.3 —21.8 ] 6.4 — 19,477,006,468 ; .,i 1 929,688 679,333 3.1 8,244,327 —16.2 965,046 11,499,059 + 3,556 506,759 87, 892,201 21,964,017 (11 ,7 454,621,370 816,208 + 1,289 976,858 •♦WSj. 106 ,010,825 1,633,039.686 __ Total 4,265,214 11^815^550 ' 8,996,380 — 10 346,037 -5 46,287,681 Beaumont Wichita . 401,480,690 0.2 + 93 694,092 612,001,086 ' 3,431,637,613 Dallas 974,532 672,725 . 15,057,883 cities) Arthur 572"257910 lo3E5l —11.7 , ,' + 24, 868,327 1,362 ,189,662 3.9 + - ,.jV: Port —10.0 —1375 ' —10.2 294, 128,296 9 " >■ Eleventh federal Reserve ftistrfet—Dallas— Ft. 479*297927 11,6097336 + 9,204, 388,359 + 15,794,140 < 665,430,855 . " ; __ Galveston 3/7957859 +~~1.4 + 564, 279,744 6.2 —54.9 224,153,423 19,783,998 •- 571 305,500 + 1,361,330 232,784,422 Colorado—Colorado Springs + 11.0 + 46,822,871 1 614.229 9.2 + 4,197,196 1,586,620,290 - ; — —19.6 4,456,840 i- Texas—Austin —10.6 692,003 2,776,442 1,642,394,706 Joseph Carthage (15 57O83",353 10,0497563 5.8 + 230, 871,820 2,898,244 108.201,801 Total 24,732,331 234, 211,514 38,058,566 ~~ , ; St. i. 1.6 + 2,232,180 ~ Wichita Pueblo 776387317 7.1 3.2 9,241,481 12,722,333,802 2.7 — 41,543,644 _ i. Denver +~~4T City- 602,737,538 Oklahoma—Tulsa 672~307789 __ Omaha Missouri—Joplin Kansas City_ 10776177549 1.6 + Lincoln Topeka "1 —33.0 291,062,538 9.0 20,019,759 1,648,796 4,441,279 ; 145,9~7T039 7,944,710 6,079,512 292,919,644 57648^976 2.6 168,067,304 14,524,571 37,7537583 Hastings 0.8 — 1.4 1.1 47,596,077 Nebraska—Fremont 8.0 — 2.4 _ 7.2 + + — 1,657,765 Tenth Federal Reserve District—Kansas * M86~068 4.0 + 30,451,504 16,439,426 (16 cities) 1951 % 4.7 .. Total 7,269,814 1952 0.7 7,751,093 52,075.337 . 274,527,112 6.7 + 7.3 19,353,209 ZZ July 9 Inc. or Doc. % $ 7.3 3,097,364,583 Ended 1953 6,685,906 272,379,665 6.1 + 2,347,474,082 Helena Lewistown 4.6 + 47,762,243 2,903,451,882 4.2 + 3,541,581 1954 e 0.5 — 16,853,363 22,363,542 ~ Falls Inc. or Dec. % — 27,824,315 3,285,680 ~ 182,548,780 3.0 — 28,122,187 ' I Montana—Billings $ — 17,659,863 ' Huron Week 1953 « 2.2 + 1,363,493 4,359,000 ™ Minot 1954 + 10.6 — 4,772,939 1,305,697 31,445.403 Falls Dakota—Fargo or + 10.0 4,426,065 Fergus Great Inc. Dec. % 1,552,019.435 Minneapolis North $ -Minneapolis— Rochester 6t. January 1 to June 30- 1953 $ 49 $248 million in the New York . H fcV /■J j 50 The Commercial and Financial Chronicle... Monday, July 19, 1954 (294) Iowa Increase (+ %■ July 7, —_______ 81,101 19 — 39,280 144 Loans—grossi"< 39,934 Commercial, Industrial, and agricultural' '.r:';loans 21,728 143 Loans—net , _ _____ _ brokers to dealers and for loans I ■ securities , Real for purchasing 156 Eastern f. s. Southern 660 Sun 1st 116 2,263. + 9 890 + §2808 3%% mtge. 1 357 §2707 1 • 1 7,836 64 33,575 150 2,518 101 + 209 2,755 22 + 660 Ltd. Mines, Aug 1 dividend Stock * 100 1962 (interim) 8-20 v 5% : — S. : loans Other U. banks to securities—total Government Treasury : certificates of indebtedness..-- Treasury U. S. 24 + 1,117 21,651 3 + 2,327 8,246 25 + 807 14,131 170 931 22 2,853 130 6,651 notes Treasury Other bonds — securities Reserves Cash Banks with Federal Reserve vault in Balances + 4,313 §2601 Juiy 26 Aug 1 160 7-29 7- 8 $50c 10-29 10- 8 Class B common______—_——. $50c 7-29 7- 8 Class B common 1 $50c 10-29 10- 8 25c 7-20 ,1 6-18 65c 8-13 31c 8-16 80C 8- preferred Co. Mills. Burrus (quar.) ___________________ (quar.)—; —__—__ Inc— Biscuit, $1.25 preferred (quar.) Mfg. Co., common (increased)—— Butterfly Hosiery, Ltd., 7% pfd. i(s-a) Burry pipeline bonds due 1972 160 1 Aug < with banks domestic —.___— 5 — + 377 Power ' . ,, • deposits adjusted..— — Time deposits except Government JJ. B. Government deposits Interbank demand deposits: Domestic banks Foreign banks—_— Borrowings 8 + Commonwealth $1.32 and Consumers + 2,323 20,879 First Firemen's 1,745 $4 1,010 Gulf + i. ___ _ __ _ 30 June revised figures (San Francisco 33 + 17 Haloid Co., + 381 472 Public Service District). cumulative Power Toho Union Wood Federal Reserve Banks Combined Newark, N. Power Co. 1st Co. * • (Alan) 59 Inc— Aug 159 subordinate debentures due Corp., 3(4% Steel "Announcement Co., 5% this in 1972 July 29 1966 debentures due July 25 101 §2853 1 161 first mortgage s. f. issue. §In Volume bonds Sep ' July 14, 1954 Assets— Certificates 20,387,102 fund Redemption for goid certificate and Discounts Industrial U. 2,658 + + 1,293 — 116,951 — 6 — 2,135 Bills 2,181.075 , Certificates 6,599,791 —— Notes 13,029,021 ___. Bonds + > * 508,771 + 135,000 — 1,604,075 preferred Arizona under Held outright. —1,429,425 24,902,437 135,000 — $2.36 repurchase agreement U. loans Total Irom Due F. R. of Uncollected 24,902,437 securities and foreign notes securities Gov. S. 24,986,057 banks — 136,299 — — 22 banks.. other 135,000 — — 30,992 — 335 + 781,709 — + - 108.405 + 7,55.9 assets— 3 10.240 2nd 51,127,878 assets - 714,315 + 5% Atlas notes 25,673,031 .__ 127,883 — 213,346 ~— bank—res. accts... 19,052.078 acct. 344,809 557.066 + 257.531 — 82,906 Foreign'. 771,452 + 200,077 + 210,914 Powder Avco Other 399,599 + 19,596 + 220,690 Axe deposits Other avail, and $1.20 123,379 + 713,072 + 1 35 — liabilities 49,994,909 + 708,533 — 3,347 173,702 (Section Surplus S'Tiilus Other 7i (Section capital 34 12.310 ____ 625.013 13bl + + 40,337 + 27,543 accounts 5,748 + ' — preferred liabilities f accounts Ratio of gold to serves Antes and certificates liabilities ceptance on purchased loan — 139,375 45.7% + 40c 9- 1 8-13 9- 1 8-13 preferred 0.3%> for commitments — 1,737 '—' 2,597 — — 9- 7-30 1 2 6-25 8- 2 7- 8 2 7- $1.08% 8- 2 7- 8 93 %C 8- 2 7- 6 8- 2 $1 „ Rubber 9- 1 i Bangur 6% 30c pfd. "B," Inc.— (quar.)__ income :8- 1 2 15,554 Oil Batavia Baxter Co. called bonds, notes, for redemption, under sinking fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in tfie current volume (except where indicated) in which the details were NOTICE ConlAariy 7-26 7-30 7-20 7-30 7-20 : $1.50 10-15 9-30 $1.50 1-14-55 12-31 8- 20c (quar.) 25 c 3 7- 8- 2 7-15 8- 2 7-15 10- 1 9- 7 (quar.) 45c 7-20 7- 1 Co., common pfd. $4 8- 2 6-30 $1.50 (accum.) (s-a) (monthly) Co. (s-a) 8- 2 6-30 3c 1st preferred 6 7- 1 8- 2 7-16 8- 2 7-22 50c * 2 Date f. bonds——— s. 75c 8- 2 7-20 8- 2 7-20 tlOc 10- 1 8-31 U7y2c 10- 1 8-31 15c 9- 1 8- (reduced)__ . (quar.) 12- 1 3- 1 2- 8- Patchogue-Plymoutli Mills Corp., PARTIAL , common 5 Vj 'ft Investment stock Caroline. First 3%% Great & of Benrus Works Franklin Watch Page Ohio LAug 1 Birtman Bishop .Sep 1 Bliss (E. Bon _____ W.) Co. 15-year sinking fund 2%% debentures due 1960 ..Sep 1 .Aug 1 $6 7- 20c 8- 2 8- 3 8- 3 Co. Inc. class A 8-25 5 7-20 8- 2 7- 8-13 75 c 9-18 9-30 9- 9 7-31 1 8-21 11-30 11-19 50c 2 8- 2 7-20 70c 8- 2 7- 25c (quar.)_ 8- $1 common 7-30 25c __ . (quar.) Edison 2 8- 15c , (quar.) Corp., 7- 2 7- 9-10 15c Co., , 40c ; (quar.) (quar.)__ Fisheries 7-15 20c (quar.) preferred 2 5c Tobacco, common preferred (quar.)— 7-16 8- 2 7-16 7-20 ' Briggs Mfg. Co. (quar.). Co ... Columbia Forest Products, Quarterly British preferred 9 7- 7-9 9 8- 3 8-23 8-23 8- 8-14 7-14 8- -2 6-25 $$1.12% 10-15 9-29 1 15 12-30 6-30 $$1.12% tioc 8- 3 6-30 British (quar.)... Industries t$1.50 s » $3.80 * Celotex 3 Gas Co., 5c (quar.) common (quar.) 10c 95c (quar.) Brooklyn Union Gas Co., convertible be to redeemed dividend. Aug 2) com. preferred on Aug. (inc. (entire .1 Convertible at quar.) issue $48.95 into — 42y2C 4c Ohio Ry. (quar.) Co. 5% T——" $1.40 Central Public Corp. (s-a) Hosiery Mills 7- 6 3Vi% Inc., 8- 1 7-23 2 2 7-23 ■ 7-15 8-10 7-16 8-16 7-30 8- 5c 87 %c preferred (quar.) Chicago, Aurora & Elgin R. R. (liquidating). -(Initial 2 of Illinois Chicago 1 7-15 8- 1 7- 7 $2 7-20 7-12 $2 7-20 7-11 Liquidationg) (subject to approval Commerce Commission). 8- 1 8- 20c (quar.) Corp. 2 7- 9 & Eastern Illinois RR.— % ; The quarterly payment of 50c on the class A stock payable July 15 to holders of Chicago record 1'previously July postponed until shareholders eral $2 tax tax class Class A Class claim to A is 4% Cinn. the the credit for (quar.) Cotton Gas Co., (quar.) preferred Inter-Terminal Co., — preferred & Cleveland, Ry. 5% Mahoning 1 11 12- 1 11-18 9- 7 8-13 $4.50 Ry. Class 6- 7-19 8- 2 7-19 1-3-55 12-20 Louis St. „ 7-31 $5 7- 9 7-31 7- 65c 8-15 7-20 (quar.)—___________—___ $1.12% Bottling / (N. Y.I (St. 1 9- 9 3 25c Louis) 7-31 50c V ; 7-31 30c (quar.) 7-22 25c 8- 5 7-15 30c pfd. (quar.)——.—.—____ Co. 10- 7-12 7-20 7-10 7- 9 7- 9 Dunlop Hardware, Ltd.— stock A div. shares (2 Redeemable each share par. for pfd. of non¬ stock (20c he'd)—______— ~ Radio Stock Co., Colonial Fund, Colorado & 7-15 8-14 7-20 87 %c 9-30 9-14 2 7-15 7-31 7-15 Inc 8- 17c — Southern 8- 50c 15% ;— —_— 2 $2 7-26 $2 System, Inc. (quar.) Columbia Terminals, 6% preferred (quar.I.¬ 20C non-cumulative 4% non-cumulative Columbia 1st Gas Columbus Locks Life Mutual Combined Insurance Co., Paper Combustion Engineering Inc. Commonwealth share mon for Edison of each Co., Northern 25 7-15 Ry.— preferred—.—__ 1st preferred—— 4% 7-30 7-31 50c common dividend — $20c Co., Ltd. (B. J.) 8-13 ■ (quar.)— Colgate-Palmolive Co.. common (quar.) 3*4% preferred (quar.)———— Collins 2 2 $1.06% ——_ Bottling Co. assessable Coghlin 1 88- $1.25 preferred B Cochrane 7-23 20c (quar.) Clinchfield Coal Corp. (quar.) Coast Counties Gas & Eiec., 4% Coca-Cola 1 8-15 35c $1.50 & Illuminating, com. preferred Coca-Co'a 8- $1.75 — (s-at Chicago (quar.) Electric 4.80% $1 ... preferred 7-20 8- 9- —_—.— (S'-a) Cleveland 9-15 $1.25 (quar.) Cincinnati 7-15 1 $1.25 \—— City Baking Co., 7% preferred (quar.) City Investing Co.. common (s-a)_^__ City Stores Co, common (quar.) 4% conv. preferred (quar.) Clearfield 8 8-16 10- & Pacific Ry. Tex. (quar.) Co. 9- $2 preferred (s-a)— Cincinnati, New Orleans, 5% preferred (quar.) 5% 9-15 Co.— 4% Cities Service 10-20 $1 R. R. 1 9-30 25c (quar.) com. 1 12- 25c : 10- 12-15 25c common 10-15 50c (quar.) Electric 7- 1 50c — Oii & 50c — ————.—. — Chicago Mill & Lumber Co. Chirk-?sha 5% a adopted. (quar.) (quar.)— A here if the pending Fed¬ purposes bill reported by the directors of August 2 to permit company class A Illinois Gas 1 7-20 2 7-15 8- 10-11 1 8-10 8- 75c 9-17 9- $5 . 9- 8-14 25c (quar.) 7 9-22 37 %c (s-a)—_— (quar.) com. (stk. 7- 3 7-15 dlv.) f com¬ 8- 1 6-23 45c 8- 1 6-23 33c CO rH 35c 8- shares held (quar.) $1.32 conv. pfd. (entire issue called for re¬ demption at S32 per shr. plus this div.) 6% preferred Natural Co., Gas, 5'/2% Co., Ltd. pfd. (quar.) (quar.) 8- 2 8-16 8- 2 11c (quar.) -— National 1 $1.50 common (quar.) Fund Conduits 1 (entire issue called for re¬ Electric Concord plus 2 88- 21c (quar.) common conv. Concord common 1 7-13 Chesapeake & Ohio Ry. 8- 1 8- 2 $1' *7, 40c demption at $32.50 per shr. plus this div.) Bo^h irsnes convertible into com. to July 22. 8- 8- : $1.40 conv. pfd. 2 9- $1 (quar.) 7-16 9-20 9-17 35C pfd. 7-19 1 8 7-12 17 %C 1 8-16 7- (quar.)_! cs 10- 7-31 7-27 Corp.— 8■ 8 25c 50c Central Vermont Public Service Corp. Chadburn 7- (accum.) Utility 7-20 7-20 7-31 (quar.) .Light Co.,+%> & 7-20 " (quar.) preference 8-13 8-10 37%c " \ Securities preference $1.50 1 8-10 " 8-10 L Central Hudson Gas & Electric Central Power 9 $1.05 " : Central-Illinois 7- 9- 4% —. (quar.) Co. 2 5c (quar.) Central Cold Storage 9 8- 50C (quar.) (quar.) Corp. 5-14 7- ■ 40c (quar.) Co., common 8-20 1 7-20 25c common preferred Cenco . 8- $1.25 . I 9-10 10c & 7-20 35c 00 to 50c from — (quar.) Corp., Concord this 59 Taunton preferred Corp.' (N. Y.) 19/10c ™ preferred Common Telephone Co.— and (quar.) Tractor One Ltd.— - Columbia Brockton .Aug 10 2 2 $12'/2C (quar.) dividend 4.20 % 7-16 2 15c (quar.I— (quar.j— Co. Bros. Ami 5% mtge. & collat. trust bonds due 1972 Lakes Pipe Line Co.— 2 8- « Co.— st 8- - Co. Paper Co. Stock 8-16 50c (quar.) ■■/ ■ (quar.) Electric Oil 153 Rv.— bonds, series A, due 1965 Co, 4.20% cumul. prefferred stock 6-30 50c : (s-a) Special 6% .Aug 13 1977 9 1 5c (quar.)^_„__ Hotel Co. Best Foods Inc, British Illinois— mortgage 4% Utilities Iron 4% 61 11-10 9-15 $1 Mines, Ltd Boston Date Co. preferred stock Tobacco Co., 3'/4% debentures due Clinchfield Caterpillar Tractor Citizens Page -July 21 8- 8- , 1 Ltd.— " • , prior American (increased) 9 $1 Quebec Benjamin 2 REDEMPTION Company and Issue— American Belmont Booth .Aug 6-23 7- $75c profits Caterpillar 7-15 - $1.50 .__ ; . 8- 15c Corp. 4 8- 12»4c _______ 15c Aircraft 5 16 V4c . (quar.)__ Mfg. 9- }75c (quar.) (quar.)_ Hardware & 7-15 8-16 8- Ltd.— Inc., Corp. 7-26 8-25 30c +.___ ___ Quarterly ref. mtge. 2 (initial) Cincinnati $1.25 (quar.) (increased quar.) Apartments, Inc.— preferred (quar.) prior 6% Gas, Electric Light & Power Co, of 1st 6-18 8- $31c (quar.) & Light 9 — quar.).. pfd. 5% Corp., com. Laboratories Blue Bell, TENDER and Issue— Consolidated Baltimore, OF 7-26 (quar.) (quar.) Power 7-12 20C 3c $3 Bloch given in the "Chronicle." . $15c (quar.)_ $$1.50 common income from Income $i.i2y2 (quar.) (increased Co., (Calif.) Body Beaux-Arts 854 list of corporate called 7-28 Co Ry. Refractories common New 7-16 <_ Hydro-Eiectric Belleterre stock 7-31 ;i 8-15 in¬ $20c Carolina 7-20 8- ___■ series) (1947 participating Bell common 7-10 6-28 7-31 $$1.25 Ltd., Clinchfield 9 56y4C (quar.) conv. Quarterly preferred and including those 1 1 8-15 $25c Co.'s, preferred was Quarterly a Corp., Ltd. common Carolina 8-10 25c Belknap be found Co., Corp. 7-20 7- 7-20 10% 14c Belding-Corticelli, Ltd., common 7% preferred (quar.).. Below will 7-10 88- i >' $8c from (quar.) preferred 8 , $6 76 8-13 8- dlv.) (quar.) Petroleum Baystate Corp. 10,199 * 9-1 Co.— Bay • 7-10 flOC (s-a) Carlisle 7-14 8-20 $1.08% Bathurst Power & Paper Co., Class A (quar.) ac¬ foreign correspondents...: Industrial 714,315 R. combined liability 2 1 ' pfd. B (quar.) pfd. (quar.) conv. Bangor & Aroostook RR., 18,320 re¬ and F. 89- Monthly + 7-10 1 7-28 25c 30c (quar.) realized 5 $1.50 (quar.)__ Baldwin-Lima-Hamilton Corp. i 51,127,878 deposit Contingent capital 5 8- ^referred Basin Total 5 8- 1 20c (quar.) $2.25 Bankers Securities i 207,593 8- 1 59c (stock investment Extra 272,820 in 1 9- (quar.) Fund 6% Accounts— paid 9- $1 preferred Corp., Houghton Baldwin -Capital Capital 5 9- 8- 4% Inc. Ltd. conv. Mfg. Baldwin — 8- 56 y»c (quar.) 4(4% 39,102 13.809 7-30 „ 62V2C 27 V4 c (quar.) Co., 6% Total 1 3,889 + dividends ■M. 1 9- 6 $1.12% + accrued liabilities 1 8- $7y2c (quar.) Carborundum * 3,527,874 items.. — .. 7-10 8. 1 Foundry Co., Ltd.— Pacific Austin, Nichols & Co., Inc.— 20,780,195 cash 9- 2214 c (quar.) com. $1.25 From Total Deferred 7-30 (quar.) preferred Mines, — Treasury—gen 7- 1 (s-a) Devices, 353,825 S. 2nd Audio — U. 2 t$1.12'4 $$ 1.12(4 (quar.) Co., Refining Co., 3.75% Aunor Deposits: Member A Carpenter 7-20 9- (quar.) preferred 4.35% Reserve ' 8- (quar.) preferred Atlantic Liabilities— Federal Bronze Oil 8-11 iH 1 115c Corp., preferred 4.35% 139,375 — 9 oo Atlantic City Electric Co. 4% Total 9- $1.12 V4 (quar.) Oil preferred Common 3,698 + — 30c 62'/2C Atchison, Topeka & Santa Fe Ry.— 34,523 premises Other Fuel Equipment 6% 1 + 4,210,586 items Bank Class 6-10 Corp. (quar.) 4(4% pfd. (quar.)__ Associated Dry Goods Corp., common (quar.) 18^,315 165,444 53,550 cash 6-10 8-10 9 $1.31 y4 61,229 ' 8-10 (quar.) (quar.)________— preferred Arkansas 1 Aro Total 25% (final) (quar.) Service preferred preferred $2.50 61,229 — 7- (quar.) Public $1.10 bought Inc. 7-23 12 '/2 % Argus Corp., Ltd., com. 4(4% conv. preferred 744,650 — $25c Appalachian Electric Power— 4(4%preferred (quar.) V - ■ 3,092,550 Total Power Ry. 2 1/lOc Payable of Rec. Animal Trap Co. of America— 5% - 7-31 7-16 8- 33c (quaiterly Northern & 6-30 3iy4c __________ Southern Car 7-15 7-20 . tJ5c Fund income) preferred 7-15 1 8-16 (quar.)_ com. (quar.)__— Canada 5% 1 7-26 (quar.) Canadian 1 8- 25c (quar.) General Canadian 7-15 8- 8- 50c (quar.) — A 7-15 37y2c Co. preferred Canada 1 40c (quar.) preferred (quar.) Campbell Red Lake Mines, Ltd._. Canada Foils, Ltd., common (quar.)_, Holder« When Share Bonus securities: Bought outright— of Company Anheuser-Busch, — 936 — Name Anglo-Huronian, Ltd. (s-a) Anglo-Iranian Oil Co., Ltd. 50,822 31,519 + 82,684 advances loans Government S. 68,822 33,009 — 361,805 — Cement $1.02 (Continued from page 14) 18,000 + re¬ 21,242,009 cash $1 8- 7-13 , 75c (quar.) (quar.) Telephone Co., preferred 4y2% Per serves 2 6 4 Capital Venture Fund Inc.— — 2,658 — 2 8- 8- +20c (quar.) Corp. preferred 4%% 1953 ____ 854,907 Total & $1.32 Canadian R. F. notes Other 1954 8- 6 8- +38C Portland Dividends July 15, July 7, 8- $20c Packing Water Ordinary Inc. ( +) or 7-16 ; 7-12 (quar.) $3 pfd. Co., California Canadian Dec. (—) since Gold Power California 179. (In thousands of dollars) 2 (quar.) Canadian j Ltd., com. Mills, Canada » 8- 7-21 20c (quar.) vestment Sep 15 6r3Q $1 preferred Electric Class 1 2 7-26 $1.25 — Timber Oregon Power, com. (Kansas Division)— mtge. (liquidating) California 9 Sep stock— Caliiornia— of convertible Petroleum Calif. J.— Aug 16 8. 7-30 $$3.50 (quar.)— partic pfd. 2nd $1.25 July 31 July 30 Co. & Linen 1st $1.50 155 1 Aug 1966 bonds due 1983 preferred stock Indiana, ' ) 155 §2703 stock preferred Cement Land Caldwell Calif. bonds due 1st mtge. of 2 gold bonds, series A, due 1955— Oil 3'/«% f. convertible Co. 57 July 20 1982—Aug 1st mtge. bonds due of Co. 1 Aug Corp., cumul. conv. preferred stock 7% Warren stock 6-30 5 10c §2805 Co.— s. preferred 4(4% 4.50% Electric f. s. Co. cumulative Resistoflex Statement of Condition of the Twelve 5(4% Insurance + preferred preferred stock Manufacturing + 153 8- 2 $1.75 <quar.) Inc. Estate Sugar Calaveras 80c Co., 3%% Co., Inc.— Can 252 — §2701 Co.— convertible mortgage 4.90% * Power 536 410 Edison second + 3,732 11,403 Ltd.— Co. Paper $1.40 Continental 475 33 — '•++'. & preferred Calamba Calaveras stock July 30 preferred stock— July 30 Beneficial Loan Corp. $3.25 cumul. conv. pfd. stock—Aug 16 Brooklyn Union Gas Co., 5% cumul. conv. pfd. stock Aug 1 Crampton 53,311 Demand T/o Page Date cumulative $4.25 Liabilities— CALLED preferred $1.50 353 — ISSUE : (A. M.) Co.— Byers 7(4% 7-12 8- 8-10 & Butler Co.— Company and Issue— Abitlbi 1 $1 $1 J 50c 4% Burgess-Manning Burns Burroughs Corp. series A, due 1975 debentures ENTIRE 137 — 7-12 , , . 7-21 8-11 J3C : - Loan? 7-12 7-19 * Co., Ltd., class A preference A preference Bullock's Inc., Terminal— 15-year 3V2% mortgage 37/e% Reef Payable of Rec. 15c .+ Class Francisco bonds, 224 3 543 Broulan * 1 Aug due f. debentures due Transmission Gas Perkins & ' .Oct 1975—__Sep 1973 s. San Co. Brooks Budget Finance Plan— 368 — 6,674 loans i Holderi When Per Share Name of Company * Line— due Co., 3%% Ray Drug Co., First 143 + Pipe debentures Pacific Tennessee ______— _______________ estate 3(4% 862 — 1975 preferred Pacific Panhandle 52 carrying or Northern pur¬ chasing or carrying securities Other 86 — 1 Y —_—Aug 1 stock Ry. collateral trust 4>4% cumulative Seabrook Farms . Loans 6% — 1st mtge. bonds..Aug England Gas & Electric Association— * 20-year s. f. collat. trust 4% bonds, ser. C, due 1971—Sep New York, Chicago & St. Louis RR.— 5,034 4 & 3%% New (In millions of dollars) investments—total and or 1953 1954 1954 Assets—;,■> y Loans ) Light Co. 3% & Kings County Lignting Co.— 3VhVo 1st mortgage bonds due dec. (—) since *June 30, July 8, , ' Power Pag# Date Company and Issue— of assets and liabilities of reporting mem¬ A summary ber banks follows: 7-20 6-29 8-16 60c 11.37 % $15c , 8-15 7-31 8- 7-29 9 \ Volume Number 5343 ...The Commercial and Financial Chronicle 180 (295) ■/h'r-v V Per Name of Company Confederation Common Life $37c : Inc., 40c 9-15 9-10 $38c 12-15 12-10 $3 7-30 Ekco 6-30 1 7- 6 1 7- 6 5% 50c 8- 1 7- 51c 1 7- 8- 1 7- 10c (quar.) 8- 55c ____— 10- 1 6 (quar.) (quar.)___ (quar.) National-Watch Co. (quar.) 6 Consolidated Coppermines Consolidated 2 7-15 2 7-15 Enamel 20c 8-20 25c 8- 8- 2 9 $2 12-15 6% preferred* (quar.) Cdnsolidated-Laundries Consolidated Lobster; Consolidated Corp. Gas Paper (quar.)_______ Ltd. ■tV*% preferred (quar.): Consumers Power Co., com. '4.50% preferred (quar.) "4.52% preferred-(quar.) 2nd for ! 0% preferred "A" 5% preferred 8-16 $37y2C<* 10- 55c (increased) Exeter f >«- • 1 9- 4y2% 3 8- 5 9- 8-20 1 (entire issue redemption on July 20 at plus this dividend) _L— 933/4C > 1 10- 1 9-15 31'Ac Cook Paint & Varnish $3 prior pref. (quar.) Corn Exchange Quarterly ; Bank Trust '7% & 2 6-25 Ferro 1 8-12 Fibreboard 9-1 8-12 75c Co. 89- 75c 8- 7-20 (N. Y.)— 1 90c ■' com. (increased * 8- 25c 2 7- 2 7- Fluor 5% preferred Cosmopolitan Realty Quarterly Courtaulds, Ltd.— $$1.25 (quar.) deposit receipts ordinary (final) Craddock-Terry Shoe, 5% preferred (s-a) Crain L.), (R. & Crosse & Crossett pfd. A__ class (quar.) (quar.)—,— B $2.50 (quar.)___ 10c . & Forster, 8% Co., $7 preferred Inc., class Cutter A Cutter 4y2 % preferred Davidson 8- 2 7-20 9-29 9-15 8-16 8- $1.12 y2 Dte A Vilbiss Deere & Co. preferred 7- 9 2 7- 9 8- 2 7- 9 8% ' deb. 5% Edison Co. Detroit 1st i $1.50 Di preferred 4% preferred series 12-10 12- 3 8-14 8- 2 7- 25c 8- 2 7-19 50c 1 8- 3 7-12 50c 8- 2 7-12 25c 8- 2 7-12 50c 8- 2 7- 9 3 7 Vic 8- 2 7- 9 —— (quar.) 25c 8-15 7- 7 25c 8-15 7- 7 10c 7-19 7- $2 7-28 7-14 A $37'/2C CO 9 r-l 1 7-15 income 2c 2 7-15 20c Dodge & Cox Fund, Beneficial shares Dodge Manufacturing Corp., (quar.) Dome Mines, Ltd. '(quar.)— Dominguez Oil Fields (monthly) 8- 9-20 9-13 1 f - ■ * Common \quar.). $1 Dow Chemical Dresser Co.. Industries Common 3%% common preferred (quar.) (quar.) $3.50 $4.50 I.) Nemours preferred 30c 4Vi % (quar.) Duriron 5% preferred Sullivan Stock "6% Mines, Industries (reduced) preferred Steamship Line, (W. R.) 7- 7 8% 6% preferred 1 8% class 9-15 9- 1 8- 2 7-21 class 6% 7-24 7-24 20c 8- 2 7- 9 Grand 17- 9 Great 7-16 A & A (quar.) (quar.) Inc. Eastern Utilities Association (quar.) (quar.) — com. B class class (initial) (quar.) - (quar.) Co., American Industries Southern Life (H. L.) Co. 1 9-17 Guardian Mutual 8- 2 7-22 Gulf Insurance 12- 1 11-19 $1.50 $12'/2c 7-20 7- 1 $5 Life $5 Mobile & preferred 7-16 7-15 Hag&n 8-10 7-15 15c 8- 7-15 25c 8-12 50c 8-16 8- 2 Halle 6 8- 2 7- 8-16 2 8- 8- 2 6-30 8- 2 6-30 8- 2 6-30 8-16 7-16 8-16 8-16 7-16 7- 2 5 Increased Oil Co. Ohio Co., Well (quar.) Mines, 2 8- 2 7- 8 7- 8 8- 2 International $1.40 55c 9- 1 8-16 6% 1 7-10 8- 2 6-25 20C 7-23 6-30 15c 8- 2 8- 2 7-15 1 7- 8-3 7-10 7-24 7-10 7-20 7- 25c 8- 7-15 2 9 8- 2 8- 2 6-14 10- 1 9-20 8- 1 6-28 75c $1.25 $60c 42y2c 7-15 8-16 8- 9- 8-16 1 2 9-15- 8-16 9-15 8-16 7-31 7- 9 8- 8- 2 7-20 Ltd $2 9-11 8-30 9-11 8-30 $2 12-11 11-29 12-11 11-29 9-15 8-25 12-15 11-25 8-27 10-15 9-10 8- 2 9-30 50c 9- 1 7-31 7-15 8- 2 7-16 7-26 7-15 2 7-15 $1.25 9-10 8-23 $1.25 12-16 11-26 37!/2c Inc 10c (Fla.) (quar.) ... 12y2c 8- (increased) common (quar.) common 8- 1 7-15 10c 8- 4 6-25 Inc., & Jacobs (quar.) (F. Jersey Jewel L.) Inc., 8- $1 8- conv. Inc., Co. Power preferred Tea (quar.) 8-16 7-21 2 9-30 9-17 12-30 12-17 $25c 8- 2 6-30 8- 2 7-16 8- 2 7-16 8- 2 7-16 9- 1 8- 4 8- 2 7- 9 8- 2 7- 9 8- 2 7- 9 55'Ac 8- 2 7- 9 58%c 8- 2 7- 100% 7-23 7- (accum.)_ 9-21 8- $25c 1 2 7- 9-10 3%% 10- 1 $1.50 9- 1 8- 2 $3 1- 2 12- 3 30c 8- 1 7- 1 50c 8- 2 7-19 I.12V2 8- 2 7-19 9-10 8-19 8- 2 7- 9- 1 8-11 8- 2 7-14 11- 1 10-13 8- 2 pfd. 10-15 9-15 $75c 10-15 9-15 30c 6-30 (quar.) C (quar.)_ $1.05 8- 7-15 $1.09 8- 7-15 35c 9- 2 preferred 8-16 9- 8-16 9- 8-16 9- 8-16 7-30 7-16 8- 1 7-15 10- 1 9-15 62»/2c 7-30 7-12 8- 1 7-15 8-31 8-25 8- 1 8- 2 7-15 8- 1 7- 9 8- 2 3'/2% (quar.) 7-31 1 7-2Q 11- 1 10-20 8- 2 7-15 8- 2 «- 1 $2.25 8- 2 6- preferred 7-22 7-16 9-10 9- 9- 8-13 95c $1 1 9-1 1 8-13 $1.12'/2 (quar.) (quar.) 9- 1 8-1$ 87 Vic 50c Knudsen Creamery Co., 60c preferred preferred preferred Electric, Kuppenheimer (B.) Extension 7-23 Lamson Laudis 9- 8-10 $2.50 3 7-29 7- 9 7-31 6-30 15c 8-25 8-14 8- 2 7-16 9- 1 8- 9 $1.50 (quar.) $1.75 $1.75 (quar.) (s-a) 13%c 50c University Woods (quar.) 10- 1 , 8- 2 11- 1 9-15 7-15 10-15 8- 2 7-26 8- 7-23 2 10c Milling Co., 9-24 1-10-55 12-24 $40c $1.16 pfd. (quar.)— class 1 9- 1 8- 4 8- 4 A 29c 7-31 7-21 29c (quar.) (Alfred), Inc., (quar.)_ 9- $$1.75 (quar.) Laboratories, preferred 10-11 Ltd.— (quar.) preferred 8-25 6-21 8- 10c the Common 8- 2 50c Quarterly of » 45c (quar.) 5'/2% preferred Co. 2 20c Stores, Inc. (quar.) Kroger Co., common (quar > 6% 1st preferred (quar.) 2nd 2 8- 7- 1 8-2 $1 (quar.) 8- 8-10 8- 100% Kobacker 2nd 8- 2 8-10 75c I 7% 7-1Q 8-10 $1.25 dividend 7% 12-15 7-20 37'/2c Kimberly-Clark Corp., 4% pfd. (quar.) King-Seeley Corp. (quar.) Kuhlman 0-13 1-3-55 30c (s-a) 10-1 87 Vic Keyes Fibre Co., $3 class A (quar.) Kidde (Walter) & Co. (quar.) 2 8-13 9- $1 preferred 9-10 1 $1.05 Extra 8- 1 $1 25c Light Co. (quar.) preferred 3 V2 % B 7-19 7-31 8- 15c Kennedy's, Inc., common (quar.): Kentucky Stone Co., common (quar.) Class 7-25 $1 Kellogg Co.— Class A Class B 6-30 7-20 50c preferred (quar.) preferred (quar.) 4.20% preferred (quar.) $1.16 6-24 88- 5c 4% Lambert 1 $1 93%c 3.80% Lakeside 9- 5c Kansas City Power & Lake 6-24 $75c 10c (quar.) & Supply, com. (quar.) preferred (s-a) Salle 6 9-15 $1.06'/4 Testers, Inc. Stock 9-20 Light— Kalamazoo Stove & Furnace Co. (liquidating) Kalamazoo Vegetable Parchment Co. 5% 2 8-25 $1.20 20c (quar.) Co., 2 ft 10- $1.25 (quar.) & 9 50c Quarterly 4.50% 8-16 8-31 8- 13%c Joslyn Mfg. 4 V2 % 8-13 15c Johnson & Johnson, 4% 2nd pfd. Ranch Royalty (quar.) Johnson 7-15 8-31 12y2b $1.05 pfd. common (quar.) Co., 5% preferred Electric 2 1 9-13 $$1 933/4c common Central 50c 1 8-12 7-22 5 97'/2c (quar.) (quar.) preferred (quar.) 4VA% 25c $5c 1 2 8- $1.50 Island— preferred 7-21 Cementing Co.— 9- 8- 60c 17Vic Rhode (quar.) (quar.)__ 55c Heintz, preferred 30c 6-30 (s-a) (quar.) preferred preferred Jantzen, La $40c $1.25 62'/2c ; of 1^ 7-16 7-!* 35c Inc Co. 7- 1 1 35c common Foundation, Ltd., preferred Ironrite, 2 88- 35c Corp., (quar.) 3.90% Jack 8- 25c Ltd.— preferred (quar.) Mortgage (Bridgeport) (quar.) 3.75% 7-15 35c Canada, (quar.) Mutual, 7- 91; 1 t$1.75 of Iowa-Illinois Gas & Elec., $4.22 pfd. (quar.) $4.36 preferred (quar.) Public Service Co., common (quar.;__ 7% !__ (quar.) Iowa 7-20 2 RR.— Co. Co. 7-23 7-23 8- $$2.50 37'/2c preferred convertible Investors 1 8- 2 8- 50c $1 Utilities Corp. Investment 4% 8- (quar.) preferred (quar.) Interstate Department Stores Jefferson 55c l__ (quar.) preferred Intertype 8- 53y4c $1.40 7-15 1 9-15 8-12 51c (Canada), 4% pfd. (quar.) Products preferred 4% 8- 1 55c (quar.) Telephone, 4.80% International Nickel 7-16 8- 10- Quarterly 6 (Texas)— (quar.)___ Brothers Hallnor 9 6 5c com (quar.) Fund, Mfg. Corp. Halliburton 8- 7- 7- 40c Inc., Insurance (quar.) Gus„ n-Bacon 8- 2 2 2 2 25c Products, Ltd., $1.60 pfd. (quar.)___ 8-16 10c 2 7- 8- 8- 125c (quar.) (quar.) preferred G' rney 9 $25c ' 10- Gulf 3 8- 7- 7-15 12'/2c $3 Co., common (quar.)_ 6% preferred (s-a) 1 Institutional Growth Fund— Quarterly of 9c from ordinary income and 21c from security profits) Interchemical Corp., common (quar.) 4V2% preferred (quar.) International Business Machines Corp.— 11-10 7-31 $1.50 common $1.12 y2 7-31 11-24 $1.50 —__ Green 8-20 11-10 $1 Griesedieck Western Brewery Co. 5% convertible preferred (quar.) 10-22 11-24 12'/2c (quar.) B 5 1 6-25 56!/4c 5 1 2 $1.75 (quar.) 8- 8-14 8- 15c 8- 9- 6-30 25c 8-20 11- 9-17 7-19 56y»c 9-10 $30c 7-15 1 35c — 8-15 31'Ac 7-15 2 $1.12Va IV2C 8-15 2 8- 25c (quar.)— and Quarterly 1 8- 10- $1.25 Co., Ltd., class A (quar.) (quar.) Union Great 8-12 Co.— and A preferred Grafton 3 2 5c Johnson (quar.) Inc.. 4% pfd, & 9- 5% common dividend convertible Eastern Ltd. Inc., Grace 9- 20c (quar.) - Batteries, new preferred (quar.)___ 8- 2 3iy4c (s-a) B National 9-15 15C Ltd., 4.80% pfd. (quar.) Company, 5% pfd. (quar.) Co. & Co. 15C Freres, preferred (quar.) Pennsylvania R. R. Eastern i (quar.) East ■ (quar.) (quar.) A 40c —._ common Rubber 4y2% 7-21 of Boston— income) & Co. (quar.) H.), com. (quar.) preferred (quar.)— Harvester Corp.____ 25c $1.12V/2 (quar.)_ East ; 1 10c A Bradstreet, Duncan Coffee, class A Class A (quar.) Dupuis 9- 87'/2C _ Metals & Supply Co. (quar.) Airplane & Marine Instruments, Inc. preferred & 1 Gould 2 50c Goodyear Tire & Rubber Co., com. (quar.)__ $5 preferred (quar.)_______, Goodyear Tire & Rubber Co., Ltd. (Canada) 4% preferred (quar.) Class Common Dun 10- Co. (quar.) preferred & Ducommon Dumont 1 $25c 2 8- 7-15' 8- 15c Ingersoll-Rand 5% class investment 93%c L (quar.)—— de (E. 10- - . :_ Drexel Furniture Pont Brewing, George Putnam Fund 25c ,. quar.) du < 7- 1 7-21 25c 8-13 2 7-21 2 22»/2C 9- 8- 4 8- of Indiana— 6-30 11- 8- tlOc 7-30 $10c Indiana t$1.25 Telephone Co. of Ohio— preferred (quar.) Telephone Co. of the Southwest— preferred (quar.) 50c Inc.— (increased quar.) 7-15 $10c _ (reduced 2 8-17 7-20 7-21 Telephone 8- 9-15 Indiana Steel 1 4 2 $37'/2c 4.20% 4y2 % $20c 7-20 8- 37'/2c (quar.) com. Globe-Wernicke Co., 7% pfd. (quar.) Goldblatt Brothers (quar.)— 7 1 8- 7-15 8- 15c Quarterly Wares, Ltd.— Goodall-Sanford, - . (quar.) preference (quar.)„_—_________ Corp., Gleaner 7- Imperial Tobacco $1 8-13 1 7-20 $1.50 7-30 7-28 1 $1.37 »/2 7-15 $25c 7-15 8- Investors 2 $62'/2C 7-30 Investors Trust $37'/2c 5% preferred (quar.) Dominion Steel & Coal Corp., Ltd, (quar;)__ Dominion Stores, Ltd. (increasedquar,) Dominion Tar & Chemical 7-15 93 u/4 c , Utilities General Telephone Co. $2 preferred (quar.) Goodall 7-30 8- 7-23 2 $1.25 (s-a) Imperial Chemical Industries, Ltd.— Amer. dep. receipts ord. (stock dividend)Imperial Life Assurance Co. (Canada) 11-15 $1.50 8-25 $40c 1 7-15 8- $1.25 B (quar.) 11- 2 8-13 30c (quar.) $1.25 (quar.) 8- 1 preferred preferred 2 35c $1.25 53y8c 1 12y2c preferred (s-a) 4.42% 8- i2y2c u 110c 9- non-cumulative 4.70% 8-16 " 8- 10-31 10-21 $15c (quar.) 9-30 9-13 $15c 9-30 9-13 (quar.) $15c 12-31 12-13 (quar.) $15c 12-31 12-13 & Sessions preferred Machine Quarterly Co., —.— coin, (quar.) 35c (quar.) Co. 1 9 2 R. R.— 6-30 7-19 5c Steel (From 6% 78- 30c (quar.) 7-19 6?y2c (quar.) $10c Dominion Oilcloth & Linoleum, Ltd. (quar.) Dominion-Scottish Investments, Ltd.— Common (reduced) (quar.) (quar.) Co. (Calif.)— 4»/2% preferred (quar.) 5% preferred (quar.) $2.20 2 $1 preferred $2.20 8- 2;v 8- .6-30 87y2c (s-a) (quar.) (quar.) Public Common General 7-30 Advertising— preferred (quar.)_ ; 1 Illinois Power Co., common 4.08% preferred (quar.) 4.26% preferred (quar.) 7% Special 5% 8-16 40c (quar.) Service Corp.— preferred General 8-24 9 7-31 25c (quar.) Co 2 7- 8-14 50c com. ; 50c (initial). (P. Co.; Ltd.— / Public General Brick 15c McBean 9-30 $$1.25 1— ■ominion Fabrics, Ltd., common (reduced)— 2nd convertible preferred (quar.) — .' preferred $6 preferred Extra 7-15 1 25c convertible preferred •n$5.50 2 $2 Glatfelter ___ '' Outdoor General 8- 37'/2c (quar.) (quar.) Lighting & Power, $4 Mining & Smelting, Ltd. (quar.) Inc., 5% pref. (quar.) Illinois Central 9J $1 Gladding, 8-31 2 Ltd!— & Anglo Investment Corp., preferred • (quar.)——-——_— Dominion Bridge Co. Ltd. (quar.)— 5% 4 6% $4 6% 7-15 37^0 5% preferred (quar.) Hydro-Electric Securities Corp., pfd. Hydraulic Press Brick Co. (quar.) 7-16 15c 9-17 7-16 25c :—— Dominion 6-30 7-30 2 7- 2 7-31 25c Foods, 15c (quar.) $5 pfd. (quar.)___ 5% pref. A (quar.) Hussmann Refrigerator Co. (quar.) Huttig Sash & Door Co. - 7-16 8- 7-15 6-30 8- 5c (quar.)________ Hudson Bay 55c (quar.) 8-17 8- 7-30 25c Monthly 8-16 25c 1 1 8-16 7-26 7-15 7-26 -15c (quar.) pfd. (quar.) 62y2c Corp. Inc. preferred General Houston $1.50 C *' (quar.) 20c Giant Portland Cement Co._ Gillette Co., $5 preference (quar.) Gimbel Bros., Inc., com. (quar.) $4.50 preferred (quar.) 25c $17'/2c 8- , 125c Corp., $3.50 preferred (quar.) Instrument Genessee investment * ' Foods $3.75 General Ltd.— pref. (quar.) Co., 7-19 20c (s-a) 9 * 7-14 2 Corp.— 8- 1 •• 7-16 3 tl5c (quar.) com. General 40c Y.__—... Construction $1.50 convertible class Dividend Shares, Inc.— net new 3 9- 2 8- 17»/2c Oil 9- 12-20 —_— (quar.)—. * From Crude Motors Corp., 12-15 (quar.) common (quar.) Corp. of N. Steel General Mills, 90c 8- 8- ■ 25c common General 50c 3 93 3/4 c (quar.) 9 9 9- 1 9-24 10c Co., preferred 9 8- 9 lOc Co., common (quar.) A 9-10 7- preferred 7-20 $1.25 (quar.) (Joseph) Co. (quar.) Household Finance Corp., common 35c General 3. 2 5% 1 8-1 7-31 30c (quar.) Inc. (quar.) Hardart Co. (N. Y.), & Illinois (quar.) General 9- 8- 8-25 (quar.) 8 $1.25 (s-a) Co. Discount Disher $8 General Class Di-Noc Co. 6 9-20 9 75c Extra— 7- $2 (quar.) (quar.)—.J. Co., preferred Gamewell preferred 9 7- $1.75 (quar.) common 5% 8- 8-30 2 75c (quar.)__ 7-19 3 Horn 8- isc Ltd. (quar.) ,y. Ltd., $5 1st pfd. (s-a) Co. Horder's, 9-24 60c preferred 5% Insurance Home 7-12 1 9-10 Co., Co., 2 8- H.) 7-15 93%c preferred & 8- 75c (quar.) Gamble-Skogmo, Inc., 7- $1.25 Giorgio Fruit Corp., class A (quar.) B (quar.)_„ ___; .__—__' ' ' pfd. Yard Devoe & Raynolds, class A Class B (quar.) Match $6 (D. 10- $1.50 (quar.) (quar.) (quar.) Co., common lquar.)___ $1.50 preferred A (quar.)_ 2 9- 7-16. * Hunt preferred 2 2 8-1 2% & 30c _____________ & Mfg. Co. (quar.) Steql Products Co. (quar.) Diamond $2.20 Gale 8- 8- : - Co. common 8- 30c Gasket Detroit 7- Holt, Renfrew 7-23 2 Corp.— common 10c Corp., 35c preferred (quar.) Detroit 7- 7-26 30c Tramway Corp., Stock 7-26 Holmes 7-15 8- $1.06 Va common 25c (quar.)_ Union 7-27 25c (quar.) convertible 7-14 7;15 1 2 t 1-20 8-16 56y»c Home Quarterly Froedtert Finance 4 8-16 2 30c Realty General 8- 50c Denver (L.) Electric, 10c Denver & Rio Grande Western RR.— 5% convertible preferred (quar.)_ Denver Frerdman General 25c 8- 1-55 8- $12y2c (quar.) preferred Holly Sugar Corp., common 5% preferred (quar.) 9-15 10-20 2- 40c (quar.)—-____ convertible 7- 6 11-1 68%c .__ ______; 1 62y2c (quar.)__ Ltd., 7-10 Light Co. (quar.) Co., com. "A" (quar.) stock Cos., 2 (quar.) 5% Inc.— (quar.) Rubber Kleiser 8- (quar.)___—_____—— com. & $1.25 (quar.)—_ 7-16 7-20 35c Extra j. 50c (quar.)_ Wallace, class B (quar.) 4% preferred General Baking 6-30 2 Higbie Mfg. Co., 9-10 2 A 5 $1.50 $1,371/3 5C 5% Products preferred 10- (one additional share of stock for each four shares held) Gardner-Denver 8- 7% 8-25 $1.37Vi (quar.) Hershey Chocolate Corp., 4»/4% pfd. A (quar.) Higbee Co.; 5% preferred (quar.) 35c preferred Fraser , 1 8- 15c . (quar.) 6-30 2 8- common.. Mfg. Voting 8- 7-29 Power "& Dennison 3 $1.13 (quar.) 5% 3 $1 — (quar.) Co., Delaware 9-15 912- $1.06 — Inc. class 1 9-23 12-23 10c (quar.) (quar.)_—.— Dayton Rubber Co., common (quar.) $2 10- 2 50c (quar.) Bros.,, Inc. Daystrom, 9-17 10c & Light Co., $4 pfd. preferred (quar.)_ Davenport Water, 8-13 50c Power $4.24 1 9-30 $1.75 (quar.) Laboratories Dallas 7-15 $3.50 (quar.) Laboratories 7-15 87 '/2c Curlee Clothing Co., 4'/2% pfd. (quar.) Curtiss-Wright Corp., $2 class A (quar.) ■>* 2 10- 0 $35c Foundation Co. of Canada, Ltd. (quar.) Franklin Stores Corp. (quar.)^__ 7-15 9- $2 7% pfd. (quar.) pfd. (quar.)„ 3'/2% 2 8-16 $1.05 American Sugar Co., Press, 11-15 8- $50c (accum.) Cuban Cuneo 1 ■ (quar.) (quar.) preferred 8-16 8- 10c — 9-10 1 Foster 12-15 12- • 2-55 9- - 7-16 Machinery & Chemical— Forbes & 6-18 8-'2 Hercules Steel 2 dividend com. Food 1 9-30 5c ____. A Ltd. (quar.) Zellerbach Corp., $4.20 pfd. Crum Cuoa 1 28vac~' Crown Cork & Seal, Crown 8-20 $15c Co.,'4'/2% class 47/s% (quar.) Blackwell, Co., Class Ltd. Sexton & Stock 8-13 11- 7-16 Stores— 7-31 11-15 8-1 20c dividend) preferred Tire 3% % American Crlbben 1 8-16 $1.25 _ , 9- $1.25 ■ 8- 8- 9-10 I (reduced)—. preferred (quar.) Co., 8-14 35c (reduced) Powder 7-30 $$1.25 com. 10c (quar.)_^ Food Fair (quar.)—— 7-20 Co. $3 (stock Corp. Co., Hercules Co.— Sterling Inc., 7% preferred (quar.)__ Fitchburg Gas & Electric Light Co. (quar.) 6-25 2 8-16 >—» 00 Firth 6 8- 2 8- 25c . Life Insurance Products, Inc.— prior Mfg. Hecht 11-12 (quar.) Fidelity & Deposit Co. of Maryland •Firestone 6 8- $1.75 — s-a)__ 2 Corp. 6% Hayes 8-13 1 $1.50 _ preferred 25c Corrugated Paper Box Co.,-Ltd.— , V4 % "30c : (quar.) (quar.)___-__—____. Reynolds Corp. 4 1 8C Department- Stores, (quar.) Common 4 912- 65c Co " ; preferred Corroon 8- 7-15 1 1 : Corn Products Refining Co., 9-1 8- . (quar.) Co.,- common ' i7y2c < 30c (quar.) 4% preferred (quar.) Federal Insurance Co. (quar.) 7-20 Federated '5%' Continental preferred & Traders 6 $1.25 Frocks, Inc. (quar.) Fate-Root-Heath (quar.) Federal Grain, Ltd., $1.40 pref. (quar.) Federal Paper Board Co., Inc., com. (quar.)_ Continental Copper & Steel Indus., Inc.— preferred (quar.)—^-'-—'^--*—^-—Transportation Lines (quar.)__ Cook; Electric. Co. (quar.)— : ^ _L_ Bros. Co., 5y2% pfd. preferred (quar.) Corp. of America, 4y2% pfd. Haydock Fund (quar.) Hayes Industries, Inc. (quar.) 7-20 $1.25 , Fashion per 23c •>7-31 18 Vac Hat 7-20 quar.) Electric (quar.) Co.,- 6% Quarterly called $105 share 7-31 8- com¬ Schaffner & Marx (quar.) Hartford Electric Light Co. (quar.) Hartz (J. F.) Co., Ltd., class A (quar.) 7-20 1 share per Convertible into 30 (A.) 5y2% 7-13 9- (reduced Hampton Farmers - __: 5 8-31 July 30 at $52 on Holder$ Payable of Rec. called Cotton, Ltd., 3%%' (quar.) Brewing Corp., common preferred (quar.) • Farmer 3 8-20 $1 Falstaff 7-23 9- Inc. & Fairbanks 9-15 1 10- 75c V v- 10- $1.13 .i_L-: 1 8-20 $1.12 ; com. Eversharp, 6-11 \ Harris 6-30 8-10 issue Hart, 9-21 Erie Railroad Co.— 9 7-15 7-23 1 7-31 62'/2c "A".. (quar.)___ f/1 - Co.— preferred 8-15 7-10 (quar.) preferred '<quar;)__i_i„^_- '$4.25 * Can 1 2 62VaC (quar.)___fc_ 10- 10c ; 8- 53'/2c Cpntainer Corp. of America, 4% preferred (quar.) ;$3.75 (quar.)— 9- 7- 7-17 15c 30c 2 7-15 2 50c (quar.)__ (quar.) preferred July (entire 5% pfd. (quar.) Organ Co. (quar.) Harbison-Walker Refractories Co.— 6% preferred (quar.) 8-12 7-31 15c 25c <-■_—/_ Consolidated Retail Stores—'•' Continental preferred 1 8-13 *10c (quar.) 8- (quar.)—'___ Co. Corp. 2nd 9- , common to When share pfd. Hammond 8-18 $3.50 (annual) common 8-25 50c preferred (s-a) Ltd. (quar.)__ Products, 9- 25c (qu«r.)__ 9-23 4.50% this dividend). Hamilton (quar.)_; $1.25 _— Inc.—:r Consolidated Natural 1st 5% 11-30 Consolidated Edison Co. of N. Y.—$5 Heating convertible preferred Forge & Steel Corp., Erie $5c & Equity Corp., 7-15 7-19 1 25c 8- (quar.)—__ Corp. (quar.) Yellowknife - Mines, Ltd. Discovery plus mon Per of Company Co., redemption 7-15 7-15 15c common 8- Dearborn Consol. for 1 5c Employers Group Associates Emporium Capwell Co., 7% Corp. Haloid 8- 62yac _ — -9-20 Name 7-15 1 8- 2 25c (quar.) 37 Vic _. 1 8- $1.12 y2 9- 8- 40c ; 62 Vic A 1 9-15 Corp.— Elgin Sweeper Co Ely & Walker Dry Goods, Emhart Mfg. Co. (quar.) 6 Holders Payable of Rec. 10c common preferred Elgin C0nsqiidated Chemical Industries— Class (quar.)__ Electro 8- When Share . (Bahamas) 4'/2% preferred Elastic Stop-Nut Corp. of Amer. (quar.)__i_ Refractories & Abrasives 8- 47y2c preferred Company Corp., Ltd. Products, 51 Vic (quar.) ;$2 preferred (quar.)— $2.04 preferred (quar.)— ]$2.20 preferred (quar.)—; Cahnohio. Per Name of * , Ecuadorian (quar.) preferred Holders Payable of Rec. (Toronto)-— 8% preferred Connecticut Light & Power, $2.06 pfd. (quar.) '$1.90 When Share Assn. (quar.) Common 51 . , (quar.)__ 62'/2c — 9-10 10- 1 25c 8-15 25c 11-15 8-27 9-17 8- 3 11- 3 \ The Commercial and Financial Chronic le... 52 4%'% preferred (quar.)_ Inc., Bryant, fcane 56 >/4c $20c Candy Shops, Inc. (quar.) taurentide Acceptance Corp., Ltd.— JTaura Secord 50c class A B Class preferred 75c 20c 96»/4c 8- 2 8- 6 8- 2 JLeeee-Neville $$2 30c 30c $1.80 $1.12% 8- 2 9-1 7-20 8- 2 .___————- ; — <quar.)__ Corp. Tire & Rubber Idte 7-30 7-30 10- 1 ___________—_______ (quar.) (quar.) $1.20 preferred 5% Co & Sons, 3.85% pfd. (quar.)— Co., Ltd., 6% preferred (accum.)_> Portland Cement Co. (quar.l___.L__ Lehigh Valley R. R. Co. (quar.) —— l«ehman Corp.______—:—____—._—Lerner Stores Corp., 4>/2% pfd. (quar.)_____ Leslie Salt Co. (quar.)__—_. ;— (James) Eecs Eegare Ltd Bros., Lewis Co., 8- 1 11-1 50c (quar.) 37 %c 66c —-— (quar.) liquid Carbonic Corp., com. 35c 87%c — preferred (quar.)— Little Miami RR. Original (quar.)— 3% % Original 11-18 8- 2 7-15 —-J (quar.)—— tlV*c $1 (quar.) .—___———___ Candy Corp. (s-a) — — Long-Bell Lumber (Md.) class A (quar.) Long-Bell Lumber Co. (Mo.) (quar.) Long Island Lighting (quar.) Longines-Wittnauer Watch (quar.) ____ Lord Baltimore Hotel— 7% non-cumul. 2nd preferred (quar.) •1% non-cumul. 2nd preferred (quar.)—_ Louisiana Power & Light— $1 10c 8-16 9-21 12-22 7-21 7- 8 8-9 8-2 25c 20c 9-1 10- 1 1-2-55 8- 2 8- 2 9-1 9-1 8- 1 8- 5 $1.75 $1.75 8- 1 11- 1 7-22 10-22 Preferred (quar.) Joint Lack 8% a pfd. Co., 8% (quar.) Pipe preferred $1 XAckwood-Dutchess Loft 4.96% preferred 8- 2 8- 2 7-12 7-12 9-10 8- 1 11- 1 $31V4c partic. pfd. (quar.) Ltd., 5% 8- 1 7-15 10-15 7-15 MacFadden Publications— 7-23 preferred 1st (quar.) 7-15 $$1.25 $1.06% $1 40c 9-15 8- -2 8-2 8-25 8-31 7- 7 7-7 $$1.25 56%c — (R. H.) & CO., 4%% pfd. A (quar.)__ 4% preferred B (quar.) —___________ Madison Square Garden Corp Mailman Corp., Ltd., 5% pfd. (quar.) Macy . 7-31 8- 2 preferred (quar.) Mallory (P. R.), 41/2% $3 Power Marshall Shovel Field Co (quar.) Triist, Co. & Valley R. R. Co. Massawippi Chemical Corp., Mathieson (quar.) Macotta Corp . Stores, com. (quar.) preferred (quar.) preferred (1947 series) (quar.) preferred (quar.) Co., $3 pref. (quar.) May Department $3.75 $3.40 Maytag preferred McBryde McCall Sugar, Corp. 9- 1 9-1 12- 1 8-5 7-22 8-0 11- 5 8-2 7- 8 (quar.) : & McKee 60c 8- 2 (quar.)— 25c (increased quar.) 20c 20c 10c 50c 8- 2 8- 2 8- 2 8- 2 9- 1 8-16 8- 2 9-22 6-30 7-10 8- 3 6-30 7-20 6-21 6-15 6-15 7-16 8-13 8- 6 7-22 9- 8 $1.10 $1.22V2 8- 2 8- 2 7-15 7-15 10c 9- 1 8-17 50c $1.06y4 33y3% 8-16 7-31 7-28 7-30 7-20 7- 2 Ltd. Mines, McQuay-Norris Mfg. Co., (s-a) (quar.) 4% & Co., com. preferred Melville Shoe 43/4% 50c $1.183/4 (quar.) Corp. (quar.) (quar.) Michigan Gas & Electric Co. 4.40% preferred (quar.) 4.90% preferred (quar.) Corp. Forming Miami Co. Copper Abrasive Mid-West Co. Midwest Piping Co. Miller ._ — (quar.) — preferred (quar.)"_._ Minneapolis & St. Louis Ry. Co. (stock div.) Minnesota & Ontario Paper Co. (quar.) preferred (quar.)_ Mississippi Power & Light, $6 pfd. (quar.)_ 4.36% preferred (quar.) Mississippi Shipping (quar.) Mississippi Valley Barge Lines Co. (quar.) 4% Mississippi Glass Co., • 50c 15c $1.50 $1.09 25c 20c 8-1 1088' 88- 1 2 2 2 2 7% $1.25 $75c 175c preferred A (accum.) (Robert), Ltd. (quar.) "Mitchell Quarterly Moneta Porcupine t5c Ltd Mines, Monongahela 4.50% Power Co., $4.40 preferred (quar.) 4.80% preferred Monroe Loan Monsanto $3.85 Chemical Montana Power Co., preferred $4.20 preferred Moore Corp., (quar.) 96y4c 20c (quar.) com. 40c (quar.)__ $1.05 $1.50 t25c $25c t$1.75 t$1.75 $18%c 12y2c (quar.) (quar.) Ltd.. common 4% redeemable 7% (quar.) (quar.) preferred A (quar.) preferred B (quar.) 7% Morgan (Henry) Morrell (John) Morris (Philip) preferred Co. (quar.) Ltd. & Co., & (quar.) $2.45 $1.50 Mcflnt Mount 9o. Royal Rice Mills, Karragansett Electric, . . 4.64% preferred Ltd. 4%% 7% Biscuit preferred Co., common (quar.) (quar.)— (stock (quar.) div.) 3 River 9- 3 Roanoke 10- 1 30c 8- 2 99%c 8- 2 United Electric Co. Co. 1 6-22 11- 9-22 Ross 8- 6-22 Rothmoor 8- 7-22 Class (J. O.)'Engineering Corp. Rowe 6-30 Corp., A Packard-Bell pfd. Traffic Corp. 20c (quar. 7-15 St. Co. Paper Chemical 9-21 7-15 7-30 Class A $10c (quar.) 7-30 7-14 Schenley 2 7-16 Schwitzer-Cummins 9-15 Scott preferred (reduced) 5V2% pfd. A (quar.) Inc. Co., (quar.) 7-14 8- 1 7-14 3.65% preierred (quar.) 8-16 7-15 4.30% preferred (quar.) 8-16 7-15 Seaboard 9-10 8-21 Sears, Securities Line Air Roebuck 2 7- 8- 2 7-21 Co. 5% 91V4c Co. (quar.) Corp., 60c 10c preferred 2 7-15 8- 2 7-15 8- 2 7-15 Seton 8-16 7-20 Shawinigan Water & Power Co., com. 4% 8- 1 1 8-13 7- 7-26 Stock 9-17 7-30 10- Common 5% Ltd., 2 7- 10- 1 9-10 8-15 7-2§ Signature Loan 33c 8-15 7-26 32 V2c 8-15 8-16 7-15 $$1.50 7- 2 8- 35c 10- $1.25 10- 1 9- 1 8-13 $1.06 V* 8- 2 7-15 9-15 8-31 40c Smith (A. (Howard) Ltd., . (quar.) (J. Hungerford) 9- 3 Smith 15c 9-13 9- 3 Sommers Drug 8- 2 50c 8- 2 7-20 40c 7-30 7-16 7-30 7-15 100% (S. $1.55 $1.12% — $1 (quar.) $1 2nd 1 1 12-10 10- Co., 4.80% 1 (quar.) Power (initial) $1.17 7- 9 $1.07% 8- 1 7- 9 3.80% 95c 8- 1 7- 9 4.40% $1.10 8- 1 7- 9 7-29 7- 8 Southwest Natural Gas, common 7- 8 Southwestern 2 7- 6 3.70% preferred (quar.) 3.90% preferred (quar.) preferred (quar.) preferred (quar.) Transportation Co., com. 5% Corp., Piedmont & Ltd. (quar.) British Ry. Northern Gold Pioneer of Mines 4.70% Price Bros. Oil, 4 y4 % 4y2 % Ltd., Quebec Power 8- 2 com — Radio 7-31 7- 9 Corp. $3.50 1st of America, Ralston Purina Co., 3% % 4.15% preferred 7-28 4.25% preferred 2 7-28 4.40% preferred (quar.) (qUar.) (quar.) 6 4.60% preferred (quar.) $1.15 5c 56V4c 25c 10- 1 25c 12-15 7-20 7- Special 7-31 6-30 $2.50 7-20 7- preferred Concrete 50c 10-15 9-14 Raytheon Mfg. Co., 8- 2 7-12 7-26 7-12 7-20 7-12 65c 7-20 6-30 $1.75 8-31 8-10 $2.40 preferred Quarterly Additional Springfield Light 7-20 6-30 1 6-30 Standard Commercial 8- 1 7-12 Standard Fire 1 7-12 11-15 10-30 Standard Fuel 8- 2 7-14 Standard Milling Standard Power Co., & 8- 2 7-15 9- 1 8-13 1 8-13 Standard Products 9- 1 8-13 Standard Silica 35c 7-20 6-22 Stanley Brcck, 7-20 0-22 5 7-31 15C (quar.) 8- 7-13 8-25 Common Class B (quar.) of & B 1 pfd. 8-31 11-30 div.) 8-16 8- 2 8-6 5% J.— 4%% 9-10 12-10 45c (stock N. 7-5 *.» 50c Ltd., (quar.) 7-23 $56V4c 8- 1 8- 2 7-16 7-15 6-18 7-22 7- 9 15c Co 9- 40c Coo. Tobacco Insurance (quar.) (Trenton) 12- 10c additional Cement, —; Gas 7-29 7-29 7-29 10c Portland Spokane 8-13 7-29 7-29 7-29 Inc.— (quar.)__ Spokane International RR. Co. (quar.) 8- 8- 33c (quar.) " preferred 90c 6%c (quar.) (s-a) com. Securities, & convertible 17 %c $30c Light— com. capital surplus) (increased) (from Co. Corp. Ltd., class A (quar.) (quar.) Stanley Home Products, (extra) Stecher-Traung Lithograph Corp.— 4 30c . • 20c 8-20 8-19 12%c $15c $10c 15c (quar.) 8-14 8- 4 8- 1 7-19 7-19 $1.25 $1.25 9-30 12-31 8- 1 8- 2 7-15 ' ' " (quar.)—. 25c .a common common 87 %c (quar.) 8- 9 7- 2 8-23 7-16 1 9-13 10- (quar.) (stock dividend)— 5% 5% Steel Stein 75c 9-13 99- preferred (quar.) 1 10- 1 37 %C 8- 2 preferred (quar.l of Canada* Ltd. & Co. (quar.) 7-20 7-23 10- 1 9-15 12- ? 7-7 25c 8- *2 30c 8-14 25c (A.) Sterchi Stern & 4%% 60 c (quar.) Co. 7-12 10% ;— 9-10S * 7-39 1 93 %C (quar.) Pile Co. (quar.) Investments (quar.) 4%% $1.50 __ preferred Service, Common $1.05 (quar.) com. 9 $1.12% (quar.) 7-15 Raymond 7-15 2 8- 35C preferred 7-15 7-15 9-15 1 1 8- Public $1.06% com. (quar.) (quar.) Quincy Mining Co 8-10 8-10 8-2 8- 2 8- $1 (quar.) Co. 8-13 6-19 8- 8- $1.17% (quar.) preferred non-cumulative $1 75o 2c Colorado, of Co. 7-15 7-15 92%c 97%c $1.033/4 $1.06Vt $1.10 7-29 25c (quar.) B preferred preferred 8- 1 8- 2 7-15 30c $1.37% common & Co., Service Public 8-16 7- 5 7- 5 ,7- 5 7-29' Railway Co.— 5% 35c (quar.) preferred Nevada Southern $12 %c (s-a) Plymouth Cordage Co., common (qdar.) Employees' stock (quar.) Portable Electric Tools Inc., com. (quar.) — Potomac Edison Co., 3.60% preferred (quar.) Pratt-Hewitt Southern Columbia, Pitts., Cinn., Chicaeo & St. Louis RR. Pittsburgh Plate Glass Co. (quar.) Pittston Co., common (quar.) preferred 7-31 7-31 8-27' 9-15 8- 2 9- 1 8- 2 8- 2 8- 2 8- 2 8- 2 8- 2 30c $1 (Interim) 5%% 6-15 7-31 $1.25 common (quar.) preferred 8- 3 50c 20c (quar.) preferred 3.90% Phillips-Jones . 97 %c (resumed)— $1 participating preferred (resumed) Philip Morris & Co., Ltd., com. (quar.) 4% preferred (quar.)__ Phila. 6-15 9- 3 9- 3 9- 3' 6-15 62%c 10c (quar.) preferred 1 1 8-19 9-10 8- 2 9-30 9-30 9-30 8- 3 6-39 7- 9' Southern Indiana Gas & Electric Co.— 8- pfd. (quar.) 8-26 $1.20 20c Co. (quar.) common preferred (quar.) 4.56% preferred (quar.) Southern Canada Power Co., Ltd 9-10 1-2-55 Edison Calif. 4.48% 12-10 10- (quar.) preferred Extra 9-10 1-2-55 (quar.) common $1.25 preferred (quar.) Southern Advance Bag & Paper Southern $1.12% Co. (quar.) Stores, com Corp., 6-39 28c 28%c $50c (quar.) Co. Morgan) Sonotone 7-30 7-30 8- 2 Mills, Ltd.— (quar.)__ preferred 25c (quar.) (increased quar.)__ (Subject to obtaining a 8-31 8- 9 7- 97-1 25c 10c 5c 383/4c 3lV4c 30c (quar.) Paper (quar.) 9-13 7-12 8-31 10- 1 9- 1 8- 2 8-2 $25c $50c 50c (quar.) (quar.) Extra 15c 10- 1 6-28 7-297-29 50c common Corp. O.) Common $2 ' 7-14 7-13 15c Co., Smith 7- 9 50c (N.) pfd. Sons Ltd., 5% Smith 9-10 $1.06 I (quar.) (H.) Slater 9-10 1 Dairies, Ltd., class A B Class 7-10 7-26 7-1 8- 2 7-30 8- 2 7-28 8- 2 7-31 $15c (quar.) Co., common "A" preferred (quar.) Simon 5 7-1 8-2 $15c $$1.25 $15c (quar.) preferred convertible Silverwood 7-26 $75c 9-2 9-2 17-2. $35c $25c 40c $20c 6c 19c Sigma Mines, Ltd 7% 6-30' 7-167-15 7-27 8-25 10- 2 10- 2 8- 2 8-2 Ltd.— Canada, Sibley Lindsay & Curr Co. 6 8- ' Philadelphia Dairy Products Co. $4.50 1st preferred (quar.) $4.50 1st preferred (quar.) of Co. (quar.) Shirriff's, IS 12 9-10 5% dividend Sherwin-Williams 9-15 1 1-2-55 of America (quar.) Corp. 6-10 9-10 8- 2 $50c $56ViC 25c 10c preferred series A (quar.) preferred series B (quar.) Foods Inc. (quar.)____ Sheraton 9 1 8-13 9-15 8-2T 1 12c (quar.) Shedd-Bartush 8-13 10- 7-29 7-29 ' 7-16 7-16 8-138-13 10- 1 * 25c Co 4%% 7-15 9- 7-15 8- 2 10- $30c income) investment Leather 1 1 8-29 "8-29 7-15 Inc.— 8- (From 1 • 12- 1 9-10> 9-27 10- 2 10c common 31 V4c (quar.) Selected American Shares, 6 25c permit from the State Corp. Commission) - $1 (quar.) 7-19 7-16 18- 5 7- 2 9- 1 9- 1 9-14 $1.07% : Common 7- 91V4c pfdJ (quar.) RR. & Acceptance 8- 7-26 2 3.65% Co., 7-39 1 8899- $1 1 Scovill Mfg. 9-15 9-15 12-15 10- 1 8-31 8-31 8- 2 8- 2 8-10 8-2 85c (quar.) 7-15 8- • $20c 25c 27V2c . Industries, Paper Co., $3.40 preferred $4 183/4c (quar.) class B 7-31 15c preferred (quar) Philadelphia Electric Co., 4.68% 4.30% preferred (quar.) common 8-16 25c $25c $$1.75 25c 62V2c $1-25 25c 62 V2c $1.25 $1.25 $$107 25c common A preferred Ltd., Co., 45c Co. 2nd preferred Industries, & Scarfe 7-30 9-30 Co., preferred A 75c convertible 7-30 8-16 8- Ry. convertible Savage 8-16 7-31 8-14 7-26 (quar.) preferred (quar.) (quar.) Saguenay Power Co., Ltd., 4V4% pfd. (quar.) 7-30 J 9- Ltd. Francisco convertible 5% Fibre— Cement dividend. 10- Louis-San 8-14 7-26 50c 70c $50c (quar.) 5% 35c Cola Co Machine & Gear Co. Permanente St. Lawrence Corp. St. 7-15 2 Vac Voting common (quar.) Non-voting common (quar.)— Perkins 7-15 7-15 8- 2%C Pennsylvania Glass Sand Corp., com. (quar.) 5% preferred (quar.) Pennsylvania Power, 4.24% pfd. (quar.)— 4.25% preferred (quar.) Pennsylvania Salt Mfg. Co. (quar.)— Penobscot 88- 8- $15c $1.50 Russ Croix 8- 3 8-2 5c 2 7 '/2 c (s-a) Co. 10c 8- 5% (stock dividend) __ (quar.) 5% convertible preferred (quar.) 5% convertible preferred (quar.) Parke, Davis & Co. Peninsular Telephone Co.r common (quar.) $1 preferred (quar.) $1.32 preferred (quar.) $1.30 preferred (quar.) Penman's, Ltd., common (quar.)_ 6% preferred (quar.) Corp., com. Park Chemical Co., com. 8-26 7-1 7- 1 7-9 40c 6-30 25c (quar.) Co. Mfg. 9-10 8-3 (quar.) (quar.) common 7-20 9 10c (quar.) t 6- 7 6-25 Royal Oak Dairy Ltd., class A (quar.): Building Co., 6% preferred (accum.) S & W Fine Foods Inc., 4% pfd. (quar.) 7- 32y2c 4% Corp., Oil Western 7-22 7-27 (quar.) 7-15 50c . (quar.) 4 ord. 7-31 Co.— preferred 1st 8- 2 8- 2 7-26 50% 31%c 3iy4c _ 15c $'1.16 25c dividend 7-25 3 7- 9 8-12 8-13 8-li 8-13 7-15 7-15 7-15 9- 1 9- 1 9- 1 (final) Stock $1.25 (quar.) — $1.25 preferred (s f) (quar.) Pacific Lighting Corp. (quar.) 8-31 7-15 7-17 8- 50c (quar.) preferred Public Service receipts dep. • ; 9- 1 $1.02Va $1.02% "I $1.18% (quar.) common 7-22 9-15 8-16 7-5 12%% 8- 8- : 9-15 9-15 7-20 7-20 7-15 8-2 7-11 7-24 $1 (quar.) (quar.) Amer. \ ■ - 56c Corp. Ltd., Rolls-Royce, 7-17 2 Power, & preferred Aircraft Rohr 9 8- $1.12y2 Corp (quar.)—; Fiberglass Finance Corp., 5% 8-31 7-15 7- 4.65% 6-30 c (quar.)___ F preferred H (quar.) preferred J (quar.)___.—________ preferred I (quar.) 4.10% 7-23 50c 10c —~ 8-16 8- 2 8-15 7-21 37 %c a- Quaker Oats, com 6% preferred (quar.) Quarterly Distribution Shares 8- 2 1 $$1.75 30o 61 y2c 59%c (quar.) (quar.) (quar.)— 8- 2 8- 2 8-2 58c 5% 8- 5c 50c 20c ... T pfd. conv. Owens-Corning $4 7-12 20c ' .___ 25c (quar.) Co. $4 4.10% 2 ' Corp.— (quar.) preferred ; 20c Filters Inc., class A Elevator Pepsi 4% Electric & $20c $25c (quar.)_ common (quar.)________ Co. (quar.) $37c 75c $1.50 (quar.)— Ltd., com. (quar.)_ Onondaga Pottery Co. (quar.) Penn 7-15 $1.25 preferred Pantex 8-10 32 %c (quar.). (quar.)— Steel Products, $1.30 Co., Button Gas 20c 20c B Pacific Common 20c B 4%% Corp., Pacific Rochester 37 %c (quar.) 40c preferred Corp., Town $1.25 Rochester 4%% (quar.) Oliver Pacific 1 8-12 8- 15c (quar.) & Rockland Light Portland Cement (quar.) Co. & Gas Co. Outlet 9- 8-13 9-10 $3.50 — common (quar.) preferred A (quar.) Oliver Otis 9-15 9-15 30c —f—— Oklahoma 7% Co. 25c preferred Ontario Mills preference 20c • (Texas) (quar.) (quar.) common 5c Nunn-Bush Shoe Class A 75c (quar.) Ogllvje Flour Mills, Ltd., 7% pfd. Okla Natural Gas Co., common Old Class Little Robinson 7-30 Extra' Okonite Gas 7-14 7-16 $75c (quar.) Northwestern States 4%% Co., Brand Rice 25c (quar.) (quar.) Valley Gas Co. Paper ' — (quar.) preferred 9- $1.12% (quar.) common Grande 1 15c 7-15 7-15 7-12 7-12 7-1 56y4c Rio 10- Extra $20c common (quar.) pfd. (quar.)— Inc. f*iathan Straus-Duparquet, national $1 5c 56V4c 37%c 5c 2c 8-1 8- 1 7-20 Inc., 3%% preferred (quar.) Ohio Telephone Co. (quar.) Northern Quebec Power Co., Ltd., com Northern Pacific Ry. (quar.) Northern RR. of New Hampshire (quar.)— Northern States Power (Minn.) com. (quar.) Northwest Engineering, class A (quar.)____ lc Products Co., (quar.) U— E :tra Mount (quar.) com. (quar.) Clemens Metal Diablo 97V2c 8-15 2nd preferred Rising Common B 1 Rich's 3 (quar.) (quar.) common 7-20 9- 5% 4.92% Tobacco, (quar.) 9- 1 1 Northern Class J.) "B" (quar.) 2 10- (quar.) com. preferred 9-14 $1.12% $1.12% Co., Illinois Gas Northern (R. Common 2 (reduced) Corp.. conv. 8- 50c Works Corp., 5% Rice-Stix, Inc., common (reduced) 7% 1st preferred (quar.) Dredging preferred conv. 4.20% preferred (quar.) 4% preferred (quar.) Morris Plan Corp. of America, $2.25 preferred A (quar.) Inc. Illinois Northern 7-16 8-10 8- 2 7- 6 7-12 7-12 9-3 9-3 9-3 9- 3 7-31 7-J6 Reynolds 7- 7-16 93 %c guaranteed (s-a)__ (liquidating)— l/20th share of Pato Engineering Northern 8-14 11-13 7-15 7-15 7-15 7-15 8-26 9- 1 8-16 7-27 8- 1 8- 1 10- 1 10- 1 10- 1 10- 1 9- 1 8- 6 7-30 2 Corp.— Gas Co. plus Gold cash in Consolidated 7-9 & Co., Ltd.— 3.90% Motorola, $1.10 $1.12% $1.20 34%c 8-15 Empire Mines Northern Co. Mills Paper ______— pfd. (quar.) preference series C Mosinee $6 Society, 5%% (quar.) pfd. (quar.)— Resistoflex, 5C 7% Carolina RR.. North 9-20 7-15 7-15 7-15 6-30 8- 2 9-15 12-15 7-30 8- 2 8- 2 8- 2 9- 1 Resistance 7-30 8- (Los Angeles) Welder 7-15 8-15 $10c $25c $27c 25c 10c 12V2c 60c 60c 37>/2c $1.75 $1.75 30c 93%c 5c 10c 28c (quar.) Ltd., class A (quar.) $1 quar.) Wire Cloth York preferred Republic Supply Co. 7% adj. preferred (quar.) North American Refractories Co. Missouri-Kansas-Texas RR.— - 1 7-31 7-30 7-21 7-21 6-lf 7-14 7-21 6-30 7-15 7-15 9-15 7- 9 8- 2 7-20 8-13 8-13 7-15 20c Corp. Renold Coventry, 7-30 7- 18c —..— & Elec. (Increased Stock (quar.) Rhoads, 4%% & 7-20 2c 45c (quar.) common 9- 1 15c (s-a) Corp., preferred A Messenger common 7-20 8- 1 $$1 $2.50 Corp., Mead Johnson 7-15 7-10 7-9 Ltd.— class A & B (s-a)_ (Arthur G.) & Co. (quar.)__ McKales 8-13 8-13 8-13 8-13 7-15 8- 1 7-25 8-2 125c 15c 30c (quar.) Co., 5% preferred Porcupine Mclntyre 1 1 1 1 2 99998- 93%c 93%c 85c 75c preferred McCormick Metal 9-15 (quar.) Ltd McColl-Frontenac Oil Co., 4% 50c Ltd.— McArthur Chemical Co., 5% 6-30 7-1 (quar.)_ common preferred (quar.) Maud Muller Candy Co $3.75 , . 4%% Maul 7-15 7-26 ^-8-2 $1.06% $1.06% 25c 7%c 45c (s-a)— convertible preferred 4%% - 7-2 7- 9 12- 1 7-6 23c $3 paid out of divs, and interest)— entirely 8-3 7-20 12-15 8-2 8- 2 (quarterly Investors Massachusetts 7-26 8- 2 $1 25c 5c 30c 50c ,8% preferred (accum.) lianischewitz (B.) & Co. (annual) Mansfield Tire & Rubber Co. (quar.) Mar-Tex Oil & Gas (semi-annual) Marion 8-16 7-14 7- 9 Co.— Refrigerating Manhattan (quar.) 4% Structural Steel Co., Ltd.— Jtfackinnon 5% 75c (s-a) preference participating $1.50 2 2 37 %c (J. J.) Co., 3%% pfd. (quar.)—— Niagara Share Corp. (quar.) Noranda Mines, Ltd. (quar.)____ Norfolk & Western Ry. Co., com. (quar.) — 8-13 (quar.) preferred 5% 7- 1 15c 62Vic 62 %c (quar.) Lyon Metal Products, common 5% preferred (quar.) M R A Holdings 7- 2 $1.24 $1.04 (quar.) (quar.) preferred 4.16% 38c 25c 88- 7-20 8- 2 8- 2 ' 8- 3 v 8- 3 7-31 8- 3 7-31 7-31 10- 1 • 7-26 8-16 "• 8- 1 ' 9- 7 9- 7 8<- 1' 10- 1 10- 1 8- 2 8- 2 8-10 8-6 8- 2 8- 1 9-30 9- 1 8- 2 50c of N. Y. (increased) (Canada) common (quar.) Reitman's 7-12 $5c preferred (quar.) preferred (quar.) pfd. (1949 series) 4y2% New 7-15 10c Extra Reinsurance $1.18% (quar.)__ Newberry «; Reliance 3 2 8- 2" $1.25 preferred (quar.) Electric & Engineering Co 3 12- 60c pfd. (initial) State York $4.50 2-18 8-18 11-18 2-18 5% 9- 1-2-55 5% Mines. Ltd common 3%% 8-18 9-10 $1.10 12-10 $1.00 3-10-55 50c 9-10 50c 12-10 50c 3-10-55 10c 8-2 , 8-23 8- 8-12 8- 2 B 1 35c 4%% Inc., -J. (quar.)_ A $2 class A (quar.50c (quar.) 25c Reece Corp. (Mass.), com 20c 10-20 8- class (C. A.), Class 7-15 7-20 5c 50c (quar.)_ com. Brewing, B ' (quar.)__ Meter Co., common preferred (quar.) Common 8-16 8-16 $1.10 (quar.) —__________ (quar.) __l._—________—a-—-— Special guaranteed (quar.) !— Special guaranteed (quar.)__ Special guaranteed (quar.) Lecal Finance Corp., com. (quar.) Original New 8-31 8- 4 2 10-30 10- $1.50 Co. New 8-31 Reed Payable of Rec, Share 5c Co., Top Class York Shipbuilding Corp.— New 7-15 7-19 5c England Fund Ctfs— York Merchandise Co. (quar.)— New 12-25 7-31 9 30c New Dickenson New 12-30 $5c Brothers $2.40 Red 9-25 5c preferred Neptune Reading 7- $5c Mills, Ltd., class A (quar.) 6% pfd. B (quar.)_ National Starch Products Neisner 7-15 2 9-30 25C National Lead Co., Natomas 2 8- 2% -— (quar.)__ (quar.)__ (quar.) A $1.40 7-15 8- 2 8- 2 9-11 9-11 9-1 9- 1 9- 1 50c common $1.50 preferred (quar.) JUnk-Belt Co. (quar.) < Class 8- 10c Quarterly 7-24 10-24 (quar.i____________—87%c Lincoln Service Corp., common 15c 55c (quar.) (N. Y.) (quar.) (s-a)__— dividend National Hosiery ' 50c 50c — —.—— preferred $3.50 7-31 Mfg. & Department Stores Corp. National Electric Welding Machine 8-6 7- 9 7-14 7-20 8-16 6-30 (Port Wayne)— Lincoln Nat'l Life Insur. Co. Quarterly Quarterly Lincoln Printing 8- 2 9-15 Company Stock 7-12 40c —________ Chemical City Bank National 7-15 7-17 7-15 $15c Eehigh National National Holder* When Per Name of Company Payable of Rec. Share of Company National 7-15 7-15 9-15 7-15 $15c 115c 130c *25c —r———- — Name Payable of Rec. 8- 2 7-15 9-1 8-3 Holders When Per Holders When Per Share of Company Hame < Monday, July 19, 1954 (296) 9-15 Stevens Bros. Stores Stern Textiles, preferred (J. P.) (quar.)— Inc. Inc. (quar.) & Co. (reduced) ' 4 —.— 8-27 5Gc 10- 1 9-14 25c 8- 2 7-18 Volume 180 Number 5343....The Commercial and Financial Chronicle (297) Per Name of Btix, Baer 7% 1st Puller Whatley Container Davin & Co Greene (quar.) 8- 2 7- 8- 2 7-15 Whitehead Bros. 7-20 Wichita Whiting 25c (quar.) 8- 2 1 Whitehall 40c 8-14 7-30 31 %c 8-14 7-30 8- 2 7-15 Winn 2nd preferred (quar.) $1 8- 2 $4 preferred (quar.) $1 11- 1 10-15 5.20% pfd. conv. (1952 series) (quar.) Sullivan Consolidated Mines, Ltd. Bun Oil Co., 4%% < common Sunrise 7-15 $5.04 8-17 7-16 8-16 4.44% 8- 2 7-12 7-20 20c "7-20 Superior Separator, Superior Steel Sweets Co. of ; Swift Co. & 6% Corp. 20c 7-20 7- '6 30c 7-31 7-15 25c preferred 8- 9 7-26 25c 8- 3 7-12 lo- 1 9- 1-2-55 (quar.)__ (quar.) America, Inc ; (quar.) 50c quarterly 50c Tampa Electric Co., 4.32% Taylor preferred & 4.32 Fenn conv. Co., common preferred 128- 2 1 8-16 20c 8- 2 (quar.) (quar.) Temco Texas Illinois preferred preferred Thatcher Thompson Timm (H. 5% Metal Title Insurance 8-2 6-21 8- 2 6-29 a Less British 8- 2 7-15 x Less 9-15 8-20 7-31 8- 2 7- 8- 2 7- 9 $1 8- 2 7- 9 Co. 60c 8-15 8- 2 Trade 25c 10- 1 Co. com. Transcontinental Trav-Ler Radio (Los Union La Y.) (quar.) Co. Pipe Line of $3.70 preferred Gas Co. Oil Co. United B 6% class A United Shoe 6% S. $6 2nd S. Co., A 8-16 7-20 class A net 9- 8 8-31 1 1 9- 2 7- 2 $1.50 & (quar.) 7% pfd. (quar.) $4.25 7-23 40c 8- 7-15 9- 1 8- 2 7-12 8- $1.06% 2 9- 7-12 1 8-16 7-31 7-16 10c 8- 7-15 60c 8-17 8- t20c 9-15 1 7-20 7-10 8-10 Petroleum & 7-30 additional 6-30 A Securities RR., 7- 8-13 kept 7- longer 8- 1 7-15 8-16 8- 9- 1 8- 2 2 8-16 8- 2 11-15 11- 1 2- 1 2-15-55 prior Inc. lien shares 4% of preferred (quar.) plans to serve Dakota. details to about along part (quar.) eastern Erie RR., Corp. com. (quar.) (quar.) radio 290-mile new (quar.) will into about serve from the 140 bulk Canadian South Dakota. plants border The in area is North served now 9-15 8-26 to for will horsepower engine, 30-day warranty." and Consolidation— consider the the 1% latter; shares (2) of following proposajtsi it liabilities, t# in exchange far distribute such such stock (new) outstanding); and (3) Car July Co. stock in tw- exchange dissolve the corporation. 179, p. 1935. above.—V. and filed 6 be of by had the that it Standard their is 62 %c of Oil agreement Co. of Intention share per Co. Oil Standard (New and with its anticipated. the is as soon removed. the as net Oil new On dividend April legislation restriction, pending the company advised 16 might delay final action sold shares of at in par No stock (par in Glacier, operating able in The of underwriting It has and the form and acquired between pursuant $1.43% 8- 2 7-16 tract $1 8- 2 7-16 the to of was a Production, taxes Net downtown or Fishman along U. area of share of involved, par value, to be offered preferred and one share of the shares to be offered and cash with net mining Offered—Mention to are speculation." be purchase drilling a used of and oil to advance^ repay and leases gas completing of four EFFECT TO cents) PRESENT FINANCING Outstanding 3,000,000 shs. was organized in Delaware anel wetta; 600,000 Shs. on Feb. 1, 1954i developing mineral properties gas. Its principal office is and Liberty Counties, Montana.—V. & general operating 21,321,197 20,032,321 expenses__ income $36,143,154 $33,068,681 1,054,184 607,244 income $37,197,338 $33,675,925 development expenditures, lease abandonments, interest on deben¬ rentals and tures, 1953 $53,101,062 . administrative & 1954 $57,464,351 geophysical, income Intangible tion, 31— geological, and and provisions losses for depletion, deprecia¬ subsidiaries..; of Net 28,853,982 — income 23,232,052 Earnings ♦ share per After the $8,343,356 *$10,443,872 giving period.—V. $19.76 effect 179, to end the of adjustments year -$24.69 applicable to 441. p. * (O. A.) O. A. stock Sutton Corp., Inc.—Pfd. Stock Sold Privately Sutton, financial a ($100 President, institution respect to the sale of of July on 15,000 9 announced shares of 6% the private cumulative sale to preferred value), of this company. F. Eberstadt & Co. Inc. and Shillinglaw, Bolger & Co., Chicago, arranged placement of the shares. The sale par was made This common of as program stock part of included of the account the the company's first company of public at $12 the company current offering per and financing of share, 200.000 400,000 including shares f©r Sutton. * Proceeds of the private, placement, together with the funds raised) by the company from the public financing, amounting in the aggregate to approximately $3,553,000, will be used principally to retire $700,000 of outstanding 6% preferred stock indebtedness of the company. The added to working capital. and balance about of $275,OuO of secured approximately $2,578,00# will be Sales and Earnings Up in First Six the Months— The under sale and Nevada and A. law purchase C. Stralla, on April of real 19, 1954. property" company by president, company shall acquire, for $600,000, a 36-acre S. Highway #91 approximately five miles from Las to (Calif.)—Earnings— operating, Miscellaneous Mr. shares. organized the 10 Toole 200,000 shares for the capital stock, lc one is "contract of Frank which of land stock common company incident SEC offered The capital share "as per income program. common units the be to York. capital. Superior Oil Co. on 179, p. 2477. corporation filed a registration statement with the SEC on July 1954, covering 621,882 shares of preferred capital stock, $10 par value, and New expenses Co.—Stock proceeds Nine Months Ended May Probable This and 621,882 with cent) one Co., 100. Gross declare a special stock for Jersey) (Indiana) merger to Stardust, Inc., Reno, Nev.—Registers With SEC— common. & our the company for the incident thereto; for shares 9, for pay notification (par in agreement, that of stock Sherman to Madison working located p. of merger with Pan American agreement prevents the declaration of is pending. dividend the above. merger stated of Corp. The company has acquired from Raymond & Bailey, owners sua*"" > publishers of Montana Oil Journal, Great Falls, Mont., by arrangement with Chester Naramore, a purchase agreement for oil and gas intei ests covering a total of about 1,400 acres of oil and gas leases the been letter a D. for the primary purpose of acquiring and and interests and exploring for oil and at 129 South State St., Dover, Del. tax merger than Studebaker common used BUSINESS—Corporation Total preferred 1 made and 100- a through 9 1 of of (par 100) at $1 expenses products 9 9-10 to are PROCEEDS—The Minn. 7- 10- stock three starting corporation, subject to Michigan corporation) (a corp. on made in stock 20-acre 7- . the country. "Now time-and-labor issue of July 5 of the public offering by R. V. Klein Co. and The Lawrence & Murray Co., both of New York City, of 300,000 shares of com¬ 7-31 25c re-coil 17 the through L. North 9-10 25c Instrument Aug. of Motor share distribution a of microwave a its Moorhead, build to a 7-31 1 hard¬ great Authorized tl2%c 10- on ratio company per stock through the company's own representatives, without underwriting. However, the company has authorized a maximum of 20% to be pay¬ $1.25 Ltd., class A this position cutting, full pull Packard Motor Car Co. Sunburst given interested thereon. The $242,- tl7%c (quar.) (quar.) the Packard was has sold Stationery Corp.— Westminster Paper Co., of an 2 8- $1.25 4% the merger.—V. 7-15 $1.25 thousands parts of for Corp.—Proposed assets common also $1 ac¬ Phila¬ agreement sometime stockholders Co.— $1.25 to September, the usual month of payment. merger is being postponed by Standard's board legislation in Congress has been enacted. This introduced after the signing of the merger agreement has the 7-30 8-16 D., D., a of stock on new all (quar.) Wheeling & Lake 9 is action legislation, 6-25 an cash imposed the 2 (quar.) Electrical Final until 8- (quar.) Westmoreland, 5 25c 75c filed of on July 14 that the declaration of a third made about this time, is being temporarily while share one 7-23 17%c (quar.) of Common N. N. on directors shares of 9- A Weston of 60 7-20 A B the 8-10 preferred & dividend of quarterly payment date preferred Tablet usual 7-23 5% preferred However, the 7-15 $2 common per¬ simplified control two cone shares of announced Transport Co. The 2 J25c shares book installing usually because 8-10 Foundry (accum.) Pacific dividend, f25c (quar.) Commission have Philadelphia announced company restriction 15c Co. by 52,284 Duquesne Light Company and Pittsburgh Railways Company .held value of Philadelphia's other of South miles dividends 8-20 7-23 new operations. Mandan, and Sioux Falls, S. D. expected to be in operation by Nov. 1, Running is expected to handle nearly 50 million gallons of in its first year of operation. 9-10 3c all proceeds Moorhead, deferred $1.06% _ shield, stockholders sell The it products $1.12% (accum.) all any use whatsoever to own one." covering 300.000 is daily, quarter each pfd. at 7-16 1 retire 24,264 net 15 is be 50 8-20 7-14 Insurance line a 2 20c for in research with said L. M. Strunk, President ©r streamlined chain saw for the firsts the (Indiana)—New Terminal— terminal 1 7-26 (initial) true come of years drive Sulphur Exploration Co., Houston, Tex.—Files— Temporarily Defers Dividend Action— The 7-19 Engineering Co stock extending terminal refined 7-31 Steel strip to hours 8-26 preferred jump See However, since the company's network of pipelines refineries, the Jamestown products could come from refineries at Whiting, Ind.; Sugar Creek, Mo.; or Neodesha, ' 8- 8- gearless afford (in Sold—The other 9- 5% Class The 16 it will $1 45c from coast-to-coast, this most revolutionary develop¬ quality chain saw named the It's'by far the lowest priced chain saw the Studebaker-Packard Corp.—Proposed Merger— plot and will handle gasoline and recently completed pipeline. ordinarily will be supplied by the new refinery now being terminals 25c (quar.) has can carburetion and See the Jamestown 6 35c A 5% by 62 %c (ouar.) Sterling's dealers of dream a share presently 3,310,425 Mandan. wide Dakota 5 Co. proposal to stock released it Mandan, 37 %c preferred Western The 8-20 15%c 2 of the July time of line at mile 8-31 9- $2 value northeastern from out Kansas.. 7-19 (quar.) Equipment. Ltd. Co.—Stock Philadelphia a the common common system Standard's 8-13 35c built 8- Swasey class 2 25c • and Jamestown, same connects 15c Michigan $2.50 8-16 1 30c 7% prior preferred (quar.) Western Air Lines, Inc. (quar.)__ Western Canada Breweries. Ltd. 5% ■ of on terminal oil The 6-30 25c (reduced) Western 1 Corp West End Chemical Co.. 6% West Kentuckv Coal Co. Western 8- the The pictures, Inc Co.. 5% preferred Gas Light Co., com. preferred (quar.) Wellman 7- and pipeline 7-12 J35c Ltd. (quar.) (quar.) Bros. Waterous 2 2 near munication 7-16 88- $1.50 ; (quar.) Washington $4.50 Dakota fuel 5 shares company terminal 6-30 25c * America Investing Bros, The 7-10 35c & Grey Trust Co. (quar.) Vinco Corp., 5% preferred (quar.) Virginia Coal & Iron Co. (quar.» Virginian Railway Co.. 6% pfd. (quar.) "Warner 2 8- of care industry—a CAPITALIZATION GIVING 6-30 50c (s-a)___ Victoria "Warren 8- $1.06% (quar.) Co. Pictures, 4)4% preferred (quar.) Valspar Corp., $4 convertible pfd. (s-a). Van Camp Sea Food Co. (quar.l com. Service subsidiary, stock; Standard Oil Co. 2 7-20 10c its market current 547,678 shares of 7-14 2 1940. less than Strunk, President, says: "The SpeeDemon' has all these famous selling features: automatic, continuous oiling, light weight, cutting, special alloy guide bar, single trigger shares Electric Co.—Sale of Holdings— by Philadelphia and (b) assets.—V. 178, p. 669. At 8- tool received July 26, 1954, to request a hearing price to be paid by Philadelphia for these shares is approximately the value of such 52,284 shares based upon be 800,746 7- 2 2 8- is for each purchase to the 7-15 8- 8- for one unveiled Studebaker-Parkard 3 7-30 50c Co., Public and common (a) 7-13 10- was when slightly Coatesville, Pa.—New Product market with high-speed, he as who man The 1,438,114 4,111,714 until and Corp.— Universal "Warner 865.30 7-13 1 45c Extra & delphia's 7-31 88- 6c improvement II, by far, was necessary to take conclave of distributors from a M. (1) 2709. company persons said 25c $75c $4.20 Amulet Mines, 649,486 application with the SEC regarding quire from Standard for cash and 7-15 62 %c non-cum. conv; 2nd pfd. (irreg.)-^.Insurance Co. (quar.) Universal Leaf Tobacco Co., com. (quar.) Street This 8 9- 7-23 3 8-16 common & voting trust etfs. Corp. (quar.)_. Stores, $6 preferred "Walker 820,899 Standard Gas & 7-15 (quar.) Shoe "WaFe $3,966,129 $4,805,308 p. War throughout the nation," Studebaker 20,757,992 3,225,803 $783,243 179, capital World said. at 7-15 inc.) Universal West 9-22 9-22 8- 8- 5 (quar.) of ground-level $29,388,038 4,275,005 foolproof, men Strunk 1954—5 Mos.—1953 $32,300,221 4,477,921 8-13 1 7-30 ; L. Co.—Earnings— $6,007,615 shares having been sold. 7-19 37 %c (N. Y.) Realty & Investment "Wall 8-10 9- 15c Invest, greatest end power-tool 'SpeeDemon' at chain 1954—Month—1953 the a saving For details, see V. 180, p. 160. }38c com. of year the expended. he company, every 2 6c (quar.)_ the include: group 7-20 2 87 %c (quar.)_ Detinning Co.. offering 7- 7 Vic (quar.) preferred (quar.) Plywood Corp., common Vulcan the 7-20 t30c was for only $179. introduced by a major manufacturer. credits the amazing low price to time 8-16 56 %c in working notes. 8- 40c of of as $140,000 8-16 60c __ Machinery Corp. of company stock, offering by Dillon, Read & Co. Inc. of 80,000 shares of 4.36% cumulative preferred stock at par ($25 per share) and accrued dividends has been completed, all of said $1.25 (quar.) U. S. Vanadium trust the of common $965,995 Southwestern 7-20 .1 U. United deed of of operating income charges 8-13 135c The after year 1946, fecting design. 92 %c (quar.) Hoffman S. 1 $1 4j/4% S. —V. ^ have Strunk 87 %c (from preferred shares members after were 9-20 8-16 (interim) U. S. Glass U. 7- 8-30 Foreign Securities Corp.— Common U. 7-15 income U. S. Fire Insurance Co. U. 9-15 10-1 Net common Inc.—Postwar Expansion— will "SpeeDemon," ever 318,552 income operating Net 8-16 11-15 9-15 (quar. I Machinery Corp., preferred ments 12-28 tlOc Inc. 625,000 exDenses__ of observed, Sterling's sales have established new highs every year but one, establishing an all-time record high of $161,~ 000,000 in 1953.—V. 179, p. 2081. payment $6,576,482 revenues amount post-war Opening a vest new company has come up 630.815 1-5-55 ; (quar.) preferred Funds, corrected 340,111 Other Investments, Ltd.— United The 792,455 9-23 8-25 in States. first Since and $42,000 like a by him. "The greater amount, future needs," Mr. Hill Corporation and of and individuals In taxes— 7-16 1 11-26 1954 $10,000,000 tax. taxes- 2 of & Tool, (quar.) Fuel the 21,871,190 3,997,013 1,626,710 10- 25o (quar.) Drill Class United consisted bonds, Operating Operating 2 $1.12% Corps., Ltd., class B 1954 Federal 25C Shares, Ltd. (s-a) United Cigar-Whelan Stores Corp.— $3.50 convertible preference (quar.) United Continental Fund— Class 7-2 tax. Period End. May 31— 7-12 7- 62V2C (quar.) Canadian ,United 7-2 7-2 dividend. Southern New England Telephone 7-26 2 40c Corp. Canada net investment this given corporation of float 5 25c Calif, (increased quar.) Aircraft Corp., 5% pfd. (quar.) United Can & Glass Co., common (quar.) From 8- 8-16 8- 8 25c (quar.) Series A preferred 8-2 8-2 8-16 7-31 7 Vic United : 1 8-26 1 8- (quar.) com. (quar.) of 8-16 7 Vic preferred Union 7- 1 63 %c (quar.) preferred (quar.) $3.50 for a preferred other spent approximately $50,000,000 by Ure capital Improvements," declared James Ktt». Jr., Chairman of the Board. ' This capital outlay was allocated for, land, buildings, machinery an«l equipment, Mr. Hill said. Of the total sum, he added, approximately 75% was invested in expanding Sterling's physical facilities in the Lynch, Pierce, Fenner & Beane; Scott, Horner & Mason, Inc.; Mason-Hagan, Inc.; Anderson jSr Strudwick; Abbott, Proctor & Paine; Willis, Kenny & Ayres, Inc.; Investment Corp. of Norfolk; Miller & Patterson; and Wyllie and Thornhill.—V. 180, p. 100. Missouri $4 7-15 Merrill Corp.— (quar.) preferred Union 12- 7-28 9- 65c (quar.) Lines (quar.) Electric 2 "This close "The 2, debenture 9 12-10 18 %c (quar.)___ Salle 7-10 8-2 CAPITALIZATION—Outstanding capitalization July 9- 1 37 Vic $4.50 United 9-10 9- Corp. Air 8- 30c (s-a) Street South 8-20 $1.14 208 9-10 (Continued from page 13) 6-15 17 Vic (quar.) Udylite closed of of Starting'Drug 10-20 Investment News 6-15 $1.06 % Quarterly Trinity Universal Insurance, Quarterly United 1 1 7-31 8- common shares were issued. !• assignment to the company of In payment of said shares, promissory note for $6,500. An addi¬ property. 8-20 t31l4c UNDERWRITERS—Other (quar.) (N. True Temper Corp. 11- shares advice 8-20 '9-20 10- 37%c 50c General Ang.)—• ___ Corp. 25c 50c (auar.) the company gave services Strunk Equipment Co., 7-19 2 2 50c Gas preferred 1 8- 8- 30c Co. Co. Trane Co. (quar.) Transamerica Corp. $2.55 8- 35c (quar.) (quar.) Trust 1 25c' "10- (quar.)___ pfd. was published date incorrect. date and/or record date is indicated here. 7-15 10c (quar.) (quar.) & 1 9- 9-15 7-30 (quar.)„ 50c Bank 7-20 9- $37%c income 7-12 25c Co., common preferred (quar.)_. Townsend 8-2 J22%c income 7-30 62 Vic ; preferred 7-15 I Edison 4%% 4.56% 7-15 2 25c y Previous Quarterly Toledo 1 8- Stralla 650,000 the the real who joined Mr. Stralla in tirepromotion. Such individuals paid $10 for every two shares of preferred and two shares of common issued to thenu Certain addln tional shares are to be issued otherwise than for cash, including 3,06* preferred and 3,000 common shares to Stralla in connection "with the purchase of the property and the public relations program, consulta^tion and 7-15 8- « fl.Vl prospectus, consideration of original 9 $1.21 Trust 1 7-15 2c Quarterly for . Co.— Co. 21,030 issued (monthly) not Jamaica loc Construction, & Co. ♦Transfer books 7-16 (quar.) Mfg. Mr. tPayable in U. S. funds, less 15% Canadian non-residents' tax. $Payable in Canadian funds, tax deductible at tne source. Non¬ resident tax 15%; resident tax 7%. 2 Corp preferred 1 Pipeline— Fibre Glass Tishman Realty & 1 $1 (quar.) I.) Aircraft 7-16 8-31 $1.26 (ouar.) (quar.) 8- (quar.) Mfg. 7-31 8- the in ,,0T Purc^ase on June 6, 1954, 678,118 shares at : •, to Stralla United 8-16 (quar.) Glass Mr. Electric (quar.) $1.14 Gas 7-20 $1.25 common 25c $2.40 convertible preference (quar.) Thermoid Co., $2.50 pfd. (quar.) Thomaston Mills (quar.) Titan 9- (quar.)_ Texas Power & Light Co.— $4.56 preferred (quar.) $4.84 Ltd., 25c Natural (quar.) industries, Inc. 7-30 2 9-20 — preferred According 7-1 8-20 8- stock. tional Manufacturing Co. 15c Corp. (quar.) Service. $4 preferred 8-2 and equipping the hotel. The company outstanding 28,118 shares of preferred stock and common $1.50 (quar.) '•» 25c Common Texas $4 9-15 9- Aircraft Texas Electric 7-16 25c preferred 6% 8-16 7-15 27c 5% Taylor Instrument Cos. (stock dividend) Tecnmeoior, Inc. (quar.) Telautograph Corp. (quar.) 5% a luxury hotel ("Stardust Hotel") consisting «V to include all of the appropriate facilities and ac¬ pertinent to such a luxurious establishment. Net p»^ I the stock offering will be used for purchase of the land saaA and 27y2c Cab Zellers, . operate construction had • 25c Towne rooms ceeds of . 2 Corp.— Co., 6% conv. York County Gas (quar.) 1 8-16 70c & 8- 15c (quar.) County preferred and 1,000 9-20 monthly) -Monthly Monthly i 9- (quar.) (quar.) build 7-20 8-16 25c Service (Wm. Jr.) Yellow 1 9-30 25c (quar.) (quar.) Extra Yale 8- $1 15c Monthly 6 $1.08 common A common preferred Wrlgley 7-12 7- 50c Corp Public Worcester 9-10 12 Vic : ; (quar.) (quar.) (quar.) $5 preferred (quar.) 1 $1.12% . Co. Common ■ ***-+ Holders Payable of Rec. 10c Mfg. Oil Co. Wisconsin t6c (quar.) of California (quar.) Super Mold Corp. Special1* Oil 8- _ . when Share - commodations & 25c (quar.) ^ Supermarkets Corp. per ; Rubber Corp., 65c (quar.) preferred . Lovett Grocery (increased Wisconsin Electric Power, 6% pfd. 7-15 2nd Cement River Wilcox 12 Vic Service— Suburban Propane Gas Corp.— 1 .. , Sewing Machine Corp.— $2 prior preferred (quar.) 9-15 $4 . t. White 15c Spring Corp. (quar.) Electric - ' Name of Company ■ 8-27 20c Corp. Wells Buouroan 9-30 - r- of Rec. i 9-10 43 %c ___ 'Etubnitz Holders Payabl 30c — Corp., common preferred (quar.)__i. $1.25 (quar.). common (quar. Etrawbridge & Clothier Struthers When Share Co., preferred Etockton Stone Company & 53 Vegas. On this property, it is proposed to corporation on July 14 reported that for the six months 31, 1954 the company had net sales of $25,545,904 com¬ pared with $13,784,810 for the same period in 1953. Net income for the six-month period of 1954 was $1,614,372, or $1.78 per share, compared with net income of $549,501, or 61 cents per share, for ended the el six May months common ended May 31, 1953, stock outstanding.—V. both based 180, p. 160. upon 900,000 shares 54 Tnis awarded a multi-million dollar contract fuselage sections for the Republic P-84-F it was announced on July 13. ^ aft of contract is one this received has Full President, said that in quantity of the largest single orders history. McCulloch, Robert volume and dollar his company v''1 nine-year its in preparations of the large fuselage unit Texas, plant, Mr. McCulloch Republic Aviation Corp. of is expected to continue for more //■//■ ,;.V-! production early for ■'//,' begin immediately at Temco's Dallas, said. Work on the contract awarded by will than a Island, Long Farmingdale, Y., N. year. already is producing several smaller assemblies for the sweptThunderstreak under terms of a contract the company won in at Temco's Dallas and Garland, Texas plants will con¬ tinue as production of fuselage sections progresses, according to Mr. McCulloch.—V. 179, p. 2081. Temco wing 1953. This work Temple Mountain Uranium Co.—Stock Offered—Wal¬ Sondrup & Co., Salt Lake City, Utah, on June 28 ter stock publicly offered 3.500,000 shares of common (par V-k<t) at 3<£ per share "as a speculation." PROCEEDS—The proceeds net for drilling pay 8,000,000 shs. cents) 2'A (par BUSINESS—The Francisco Lake City The business of operation The Utah. oaring particular reference interest divided Mountain lease a on District, River Green lease a company also holds a 50% un-1 lode mining claims in the Temple 8 on Emery County, Utah. A 45% undivided mining claims, situated in the South Grand County, Utah, is also held. Said lease dealers terminus the point of of the company's 24-inch pipeline near is engaged company the 3% 1E65 series due from the company's lines originating at Provident City, transferred to its 24-inch pipeline originating at Longat present the company has no facilities south of Little Rock, Arkansas, for transfer between those lines.- 3>A% series due series due series due announcement by B. D. Goodrich, Vice-President and Chief Engineer, construction is progressing rapidly on Texas Eastern Penn-Jersey Transmission Corp.'s recently authorized natural 3.348% According to which will extend from Oakford Storage field in western to a point of connection near Lambertville, N. J., with the parent company, Texas Eastern Transmission Cor¬ pipeline gas Pennsylvania lines the an of poration. •/".■;;/;'j . mile pipeline 265 When cubic feet of gas million 200 will have per day. pipeline the completed delivery a capacity of over after Corp. was awarded on April 28, 1954, a certificate of convenience and necessity by the Federal Power Commission for the construction of this natural gas line. Texas Penn-Jersey Transmission Eastern series due 1979 3 'A % stock under now Mr. all on spreads, and we way, said.—V. Goodrich bonds due April 1, 1S83, are now exchange for outstanding temporary bonds at BankelrsNew York and Fort Worth'National Bank in Fort Worth, Definitive Trust first in in Co. 3%% mortgage Texas.—V. 178, p. 152. The SEC 50 Corp., Dallas, Texas—Files— Glass Fibre Texas corporation filed a letter of notification with the common stock (par $5) to be offered to claims against company oh a dollar-for- holding creditors' except J. a E. were company July 12 announced the establishment of Geophysical Service (Nederland) N. V., for petroleum in Europe, Asia, and the new company will be in The Hague, President, Jonsson, conduct on Africa. geophysical exploration Headquarters for I Netherlands. The new is also company Dallas.—V. 180, 101. p. agreed J. Feuer, of partner William Blair 750,000- Co.-.-.— & Securities City 250,000 150,000 250,000 Corp.___ Mullaney, Wells & Co.__ —V. Electric Power 2853. 179, p. There have outstanding bonds, at been first series 100% called Merchants who Sept. 15, 1954 all of the division) sinking fund 17% gold 1955 (extended to March 15, 1965) Payment will be made at the Guaranty interest. York, 140 Broadway, New York, N. Trip-Charge, Inc., Pittsburgh, SEC dated corporation 1, written to by be 179, p. of $30 offered Arthurs, ^Pittsburgh, Pa. —V. and 1954 denominations (par $1) July $150,000 covering July on sales Cost of 6% due June each) at $3 per & The net proceeds 1969, 10,000 share. Co. are to The and be shares offered .at of offerings McKelvy par common & will (in stock be under¬ Co., both of to be used for working capital. Mines, authorized to do the address of York New is located at Leeds, is 42 Broadway, New company company V-:. Y. N. Inc.; Western to nv ih eetivelvv i~ . the dovoioDment Avrq^r'tio" attempted production in Reef, since 1909. wns a" SLve- R-?f 26 m'n'.ng faimv 99t mining claims, and about 500 acres more or less "of rights -Th** patented unpat» red : : "n t : mineral rights total about 2,600 acres. These claims and mineral rights are subject to certain property payments, payable out of royalty or otherwise. -' ' •' 'V-/! silver Thi cam pan-. ■- below, have sev¬ company Vanadium Corp.'s also owns 68 claims about 7 miles southwest of uranium mines at Marysvale, Utah. This Applegarth a prospect for uranium. •• - -'; owns about 95% of the stock of Rito Seco Mining (Coljrn<i->). Ooeratkms muv -vwait construction of a mill, no plans for which have yet been made. The company also owns 600,000 shares of the presently outstanding 1,028,220 shares of this company; this stock is traded in the New York property just is company M'lling*; O.. & " over-the-cour^ar — charges income i__ 630,641 . ——__ 381,373 )66.F37 825,325 92,614 Crl02,979 profit $0.21 ___J orders 179, . - $2.44 ' 6,000,000 3,000,000 208, p. $390,574 $33,369 . — — j , one-half in or since the company announced a years there 49.1% over the one-tenth when 16,362 on this of 813 common Preferred stockholders earlier), 24,399 were common at the end of took place in the ifrst record gain share owners numbered bringing to preferred stockholders.—V. gain of 8,037 1951. stockholders, 9,554 were on a 30 States PRESENT FINANCING notes ♦Convertible into stock 50.798 at $4 per share. See also V. Westinghouse Electric Corp.—Buvs corporation The on July 3 is Westinghouse • • word (129 less than six 33,953 the combined total of common and Corp.—Registers $300,000,000 Se¬ July 12 filed with the SEC a registration state¬ principal amount of serial debentures maturing from Aug. 1, 1955 to Aug. 1, 1964, inclusive. Of this amount $225,000,000 are to be offered to the public through The a corporation covering nationwide of underwriters to be headed by •„ TV Station PKIX month. this We?''n»hnusr Francisco, Calif. E. V. Huggins, of the station's facilities to «pted r im^edtetelv p#t»" that the Federal Communications r®A«sjving Commission authorized sale of the station by Wesley I. Dumm, its President, other/stockholders. The company and the station owners had into a purchase agreement April 7, subject to FCC approval. Westinghouse Electric Corp. through a subsidiary, owns and oper¬ ates TV stations in Boston (WBZ-TV) and Philadelphia (WPTZ). It also dtons and operates radio stations in Boston-Springfieia, Fort Wayne, Rfti., Philadelphia, Pittsburgh, and Portland, Ore. The com¬ pany has on file an application for a TV station in Pittsburgh, Pa. TV station KPIX in San Francisco is an affiliate of Columbia Broadcasting System, Inc. It began telecasting on channel 5 on had and entered 22*8-1948.—V. Whim's 179, —V. 17§rV p. 2645. Auto Stores, Inc.—June Sales Sales 1954—Month—1^51 " $2,527,561 $2,250,779 Higher— 1954—6 Mos.—1953 $3,811,037 $10,225,351 2645. WinrP=& Lovett Grocery Co.—Current Perioiljfld. 1954—4 Wks.—1953 S $ June 26— «£/ —V. p. (F. W.) Morgan Stanley Woolworth Co.—June Sales . . p.* 2645. . Higher— 1354—6 Mos.—1953 s $ S ' 53,606,751 308,956,528 306,675,816 1954—Mcnth—1953 $ " Sales 179, / 161. Period End. June 30— —V. Sales Up— 1954—52 Wks.—1953 ' ; S S 15,333,729 228,045,301 203,388,476 17,669,163 Ha-l 180, on $300,000,000 group 180, p.-161. announced it had begun final steps to late expected ■ from Washington 526,540 shs. 1,000,000 shs. rial Debentures With SEC— ment Outstanding $203,085 due Feb. 1, 1957— bearing notes due Feb. 1, 1957 (convertible) ; Common stock (par 10 cents)— contf. ♦2V2 % l: *Non-interest 180, p. 161. Steel EFFECT TO GIVING Authorized Sales United Arizona. six months of added. June in operations. for its PeriodEnd. June 30— 30 June About 1954, 2% the by nearly 3-for-l split this company has broadened of stock. the On ownership properties , available be Dec. stock Common owns the acquire television station KPIX in San Vice-President, said actual transfer 654,745 321,130 — — expense Crown are to be used to pay for exploration Silver Reef property; installment payments upon purchase of Silver Reef property; assessment work on Applegahth prone-t" rt M rwv?.'■**.. Ut?Y *♦"*''ad":'in *he oa't to its subsidiary - Golden Crown Mining Co., which if made would net proceeds of development Inc.—Secondary 1954 1953 $8,800,151 $14,280,646 7,801.272 11,886,091 - , engineering expense Golden market. PROCEEDS—The and United States Rubber Co.—Rise in Stockholders-i- a 30, and Lestrange 1836. Pa.—Files With SEC— changed of (& Subs.)—Earnings— May 31— sales— of Administrative Net D. — Selling and Y.—V. 179, p. 208. letter o,!f notification with the convertible sinking fund debentures filed 8 Gold Western was in contains recently acquired from stock¬ time United Merchants and Juilliard & Co., Inc.—V. 180, p. 161. Specialties Co. 9 Months Ended months The the 4, The Manufacturers, & A. acquired Manufacturers redemption on 15, of name Nevada in January 1944 in July 1953 the name Gold & Uranium, Inc. The business in the State of Utah, as incorporated of its uranium and silver property, known as the Washington County, southwest Utah. The ore also silver and Copper. There has been no commercial production offered by the group were received the stock at the shares holders of (Kansn.j March and accrued Trust Co. of New for mortgage due A, . company Tn* and Offering—Lehman Brothers, Hornblower & Weeks and Hemphill, Noves & Co. on July 14 made a secondary of¬ fering of 93,525 shares of common stock (par $1). The stock was priced at $14 per share. The offering was oversubscribed and the books closed. —V. (Toho Denryoku Kabushiki Co. C. Haas & Co. of 44,000 shares of com¬ CAPITALIZATION Bpiegelberg, Feuer & Co., has been elected a director.—V. Toho Inc.—Stock Sold—Mention 12 of the offering and of July issue our principal operating office of the Silver Stern Brothers & Co.___ <500,000 Walter Stokes & Co 150,000 Thomas & Company— 300,000 Arthur L. Wright & Co., Inc. _ 150,000 ' i ■ -V- 200.000 * Unfilled Kaisha)—Calls Bonds— the the York New York Hanseatic Corp. $500,000 L. F. Rothschild & Co.__ 1,100,000 $5,700,000 Robinson & Co. Stock Exchange firm of 179, p. 2477. York New under of Utah; the respective principal company •,/,>' *_o. Inc. Aspden, Net the y stock.. The Earnings per share_r___! Abram in made The series bonds set forth below: 1979 <te Siuart from the purchase to the of Federal and state income taxes Tobacco Products Export Corp.—Feuer a Director— 1 "54—S Mm\—1°53 1954—Month—1953 /./■' - BUSINESS—Company jvas shares. reduced by such number of was amounts ' . 2645. p. "company is duly well as Nevada. associate of Geophysical Service Inc., an ) ; (Mo.)—June Sales Off— -Western Gold & Uranium, mon and as limited by in the mortgage Pennsylvania law. provided as UNDERWRITERS—The respective purchasers named erally Geophysical Sub. wholly-owned subsidiary, new S10.08 former $15,358,000 $17,919,000 $75,423,000 $85,549,000 179, was 6, 1954, the 109,576 shares of reacquired common stock retired and canceled and the authorized common stock of the Net to 6 covering B common s'ock (par $5) to be offered at certain employees. The proceeds are to go to a No underwriting is involved. sale through G. May tOn United Texas Instruments Inc.—Establishes " 25,000 shs. 1,242,627 shs. 12,414,759 shs. ($13.50 par) stock ♦Unlimited, basis. dollar Co.^—Files With SEC— with the SEC en July filed • The 30 June on 9,620 shares of covering persons and management v unpatented series 4'/4% Common United Service Co.—Definitive Bonds— Texas Electric available crossings and the compressor station is expect the line to be completed on scheduled," 179, p. 2187. river distribution 2141. p. to share Sales 50,000 shs. cumulative par) ($100 Fauset, Steele & Co._-.i_ "Work . 179, was Period End. June 39— ; 985,000 1,485,000 10,000,000 1976 notification Western Auto Supply 7 1,440,000 1,936,000 955,000 ° 1976 due series Preferred ha,i.sej, of the line were let immediately Contracts for the construction due series 84,000 $4,274,325 $15,121,490 $14,503,844 $1.48 $5.24 . $p.02 manufacture, - noted.—V. items of /employee. Outstanding . company's charter and by is being constructed of 24-inch diameter pipe, and will pass through portions of Westmoreland, Indiana, Cambria, Blair, Huntingdom, Juniata, Perry, Dauphin, Lebanon, Berks, Mont¬ gomery and Bucks counties in Pennsylvania, and Hunterdon County in New Jersey. Scheduled for completion in mid-November, the line will be leased to and operated by Texas Eastern Transmission Corp. The 3.15% of charges the letter per $2,128,000 6,549,000 1971 be 16,793,594 4,300 shares of class with PRESENT FINANCING EFFECT TO 1971 3Vs% gas to whereas view, 124,852 15,686,528 West Bend (Wis.) Aluminum , and net income of -V • v \ i.. 1968 2%% permit before but • of $22,002,560 1966_-. Texas, 133,895 $4,053,584 _$1.41 share per all ♦After the company 1954, - series due construction proposed 84,600 4,732,862 4,273,609 taxes Net earnings Earnings v ■ Authorized 3>A% the that 1,570,708 28,400 1,940 ________ inc. for $33,234,817 1,723,527 631,109 543,535 28,200 interest interest Bank Prov. $9,666,696 $32,597,221 $8,900,868 depreciation.. for Prov. , income Debenture (& Subs.) 1954—3 Mos.—1953 1954—9 Mos.—1953 $8,726,596 $9,487,758 $31,648,764 $32,623,184 174,272 178,938 948,457 611,633 operations income Total of $22,617,079 and net income of $2,983,121, mortgage bonds: ♦First cooperates and April 30, months ended 12 GIVING CAPITALIZATION Longview, from distribution the production, in and electricity in the eastern portion of the Common¬ It also engages directly in the sale of gas and would stated announcement Other : —v. operating revenues $3,077,304 for the year 1953. Texas. The Walker.Gooderham & Worts Ltd. Period End. May 21— A expenditures esti¬ through 1958. Of spend approximately $6,638,000 in 1954, with compared Texas, of 20termination of the 16-inch pipeline to pipeline from 179, p. 2709. ♦Earns, the from to had total operating revenues extending from the company's compressor station near Poaquin, to the Carthage field in Panola County, Texas, and 31.5 miles south and at special redemption prices reced¬ to par, proceeds EARNINGS—For Longview, Texas, to - — —V. 1954—11 Mos.—1^53 $5,341,573 $4,809,164 1954—Month—1953 1">54—6 Mo*.—1953 $15,238,483 $14,565,067 $38,264,537 $83,800,644 Period End. June 30— Sales Sales Up— Show Gain— Co.—June Sales Walgreen f 174, p. 11. 179, p. 2645. departments.—V. ♦Excluding leased to par, plus accrued interest in each case. appliances to its residential customers, in the sale of similar appliances. ; electric above.—V. Corp. 1954—Month—1953 $487,982 .$477,991 Period End. June 30— •Sales wealth of Pennsylvania. at an estimated cost of $3,269,000, The proposed construction would consist of 26.5 miles of 16-inch pipeline the be is planned of gas sale to pay expenses coupon. 104.73% it Products Certain-teed Virginia Dare Stores Corp.—June varying amounts in later years. and operate and construct Joaquin inch will amount, with used be to are Kidder, Peabody & Co., electricity, the company is planning construction mated at $30,300,000 for the five-year period 1954 this net proceeds operations. mining Valspar Corp.—Offer Made for Stocv— See .' .v/: subject to redemption at regular redemption prices 3%% a and with the Federal Power Commission an application 58 miles of 20 and 16-inch pipeline from poration has fildd to for. bonds The Naff, President, this cor¬ to announcement by George T. to The Wash. incident Co., BUSINESS—The According 3*4% series, due July 1, financing will be used by the company to meet the cost of its construction program, including the repayment of bank loans totaling $4,450,000 at June 30, 1954, incurred in connection with the program. To meet growing demands for its gas Transmission Corp.—Plans Expansion— Texas Eastern Seattle, Co. PROCEEDS—Net option to lease 2811. p. & & ing from 101.68% additional claims in the area. The com¬ pany also owns, subject to indebtedness, a 50% interest in the Heinecke Drilling Co., said Drilling company being a joint endeavor business with the Howell Mining Co. of Utah holding the remaining 50% interest. Howell Mining Co. has expended $25,000 for equip¬ ment items. The company may pay for its half interest either by cash payment of $12,500 or reimburse Howell Mining Co. at the rate of 20 cents per foot of hole drilled by Heinecke Drilling Co.—V. 179, the includes 101.6599 Utah—Files— corporation on June 28 filed a letter of notification with the covering 1,200,000 shares of common stock (par one cent) to be offered at 25 cents per share through A. J. Shapiro, Securities Bldg., The SEC Offered—Halsey, Inc., 100.51; The First Boston Corp., 100.319; Inc., 100.30; Morgan Stanley & Co. and Drexel & Co, tjo.ntiy), 100.258; and Merrill Lynch, Pierce, Fenner & Beane and Union Securities Corp. (jointly), 100.019. White, Weld & Co. bid Blyth Rollins $291,000,000.—V. 180, p. 101. Utah Moab Uranium Corp., Provo, award of the issue at competitive sale bid of 101.02%. on a ranging from lode 20 the July 14 offered $10,- Other bids for the bonds as 3'As came from; 100.789; Blair, District, Mining in interest in July 13 on The Lease). (Hansen was The group won tne property working capital expended in the corporation's expansion apd program which has involved expenditure of over a in the last five years. At March 31, 1954, estimated amount required to complete authorized replacements and one-half dollars ,and additions was approximately and accrued interest, to yield 3.15%. oversubscribed and the books closed. 1979, at 101.271% is in the exploratory and development stage. It beneficial own;r of a sub-lease on 73 lode mining the Hansen Mining District on Oak Creek, Garfield County It also holds an option to purchase the master lease on is in claims the 000,000 of first mortgage bonds, company presently of mining property, with strategic minerals. of . part (Hiram) development and * modernization overnight operations on the same begin will States Steel established for 161. United Gas Improvement Co.—Bonds - the exploration, is company kinds all p. York New 180, Stuart & Co. Inc. and associates on to uranium and this time at the of and date.—V. incorporated in Utah on Jan. 5, 1954. is 39 Exchange. Place, Room 21, Salt was company place of business (1), Utah. principal corporation. this by option. Its Malnliner service between Washington, D. San Francisco, starting Aug. 1, is announced A second non-stop DC-7 flight between San and Chicago both and *7,420,000 shs. ♦Includes 2,020,000 shares' issued for properties and 1,300,000 shares Issued and escrowed, pursuant to an option to George Heinecke, Vice-President, to purchase 650,000 shares at 2 JA cents per share and pursuant to an option to Herman Heinecke, President, to purchase €50,000 shares at the same price, either of whom may exercise his stock Common future billion Inauguration of DC-7 Outstanding Authorized in pension trust, of the issue will be used for corporate purposes, in¬ property additions and replacements and to restore proceeds Inaugurate New Services— United Air Lines, Inc.—To EFFECT TO PRESENT FINANCING CAPITALIZATION GIVING The cluding - and for working capital, to discharge debt; to acquire lease; expenses, to used be to are the gas business in it was announced on July withholding The corporation is 4, 1954 to United 1954. 29, Carnegie Pension Fund, trustee of a benefit of U. S. Steel's employees. and petroleum America, July about or on Monday, July 19, 1954 . $75,000,000 for sale on or before August 5 from acquired has company liquified Thunderstreak Jet Fighter Bomber, Co. & Acquisition—Notes Placed — Esso Standard Oil, S. A. its the Caribbean area and Central 13. Tropical was organized by Glore, Forgan & Co. for the purpose of acquiring these propane facilities, including bulk terminals in various countries, which have been serving customers in Puerto Rico, Haiti, Dominican Republic, Jamaica, Bermuda, Panama, Costa Rica, El Sal¬ vador and Guatemala. Esso interests introduced liquified petroleum gas for home and industrial use in the Carribbean area in 1948. The market has shown a steady expansion and is believed to have poten¬ tialities for a substantial further growth. The transaction does not involve any public financing at this time. Capitalization of Tropical Gas Co., Inc. consists of $1,000,000 of 5% sinking fund notes and a $1,300,000 subordinated promissory hote, both due June 1, 1964; 17,000 shares of 5.24% cumulative stock of $100 par value and 400,000 shares of common stock of 1-cent par value. The 5% sinking fund notes of the company have been placed privately by Glore, Forgan & Co. Officers of the new company are: Robert T. Haslam, President; Paul K. Thompson, Vice-President; James Macrae, Treasurer; Edward F. Clark, Jn, Secretary and John C. Harned, Assistant Secretary. : f;- ; The board of directors is composed by Messrs, Haslam, Thompson, Clark and the following: Charles J. Hodge, Horace F. Isleib, Alfonso Manero, Joseph J. Snyder, and Alfred J. Williams. Executive offices of the company are in Miami, Fla. This been has corporation production ^for Co., Inc. Gas Tropical Contracf— Government Temco Aircraft Corp.—New Financial Chronicle.. The Commercial and. I (298) 54,655,292 ' . Volume 180 Number 5343 The Commercial and financial Chronicle ... (299) 55 STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA Colfax awarded were Securities to ings Bond and Warrant Driggers, receive sealed bids until 11 building the a.m. Bank Trust San follows: (CST) Julv on S. ing bonds offered July 13—v. 179, from 1955 Bond ings price of 100.02, $40,000 244s. 1955 to 1963 Phoenix, at Due on a.m. Association, cisco, (MST). J. Lea- on July 19 $150,000 school bonds. Dated July 1 from sive. 1.955 1, to payable at the County 1954. 1969 1955 to Due 1969 to Ocean works were sewer Julv Ark. revenue 12—v. awarded to 180, n. bonds 200— Womeldorff as of City in Santa Ana, on July 27 $90,000 build¬ ing bonds. Au*?. Due on 11 a.m. (PDST) Dated Aug. 1 from inclusive. Principal payable at (F-A) 1. 1954. 1955 to and 1972 interest the County Legality ap¬ proved by O'Melveny & Myers, of Los Angeles. Treasurer's South Los office. Whittier School District, basis of about 2.48%. New District, Angeles County, Calif. Ostly, County Clerk, will receive sealed bids at his office in Los bonds. Angeles, July 20 $140,000 build¬ Dated Aug. 1, 1954. Aug. 1 from 1955 to 1968 in¬ 9 a.m. (PDST) on 100.16. 1 from after 2854—were awarded Schwabacher & Co., of San Sunnyvale School District, Santa Clara County, Calif. Sale—An issue of $51,000 building bonds were sold to the Bank of America National Trust & Savings Francisco, as Association, follows: 1955 from 1956 to of San on a as 1 In¬ bonds 1954. Due dated are Jan. on inclusive. th& purchaser 1970 Other cate: 1 July from to 1974 of the Williams & York, RobinsonCo., Inc., of Atlanta, Moody, Inc., of St. Paul, Pierce, Carrison, Wulbern, Inc., of Jacksonville, Townsend, Dabney & Tyson, of Boston, Atwill & Co., of Miami Beach, Thornton, Farish, Bond $200,000 of bank or 4s. Aug. 1 Due 2.42%, Feb. on 1 as and the and Board Postponed—The revenue bonds of¬ Canceled—The offering July 22 of bonds—v. 180, on building on Feb. 1 1960 to 1971 and in¬ Due on Feb. 1 and Aug. 1 from 1972 to 1974 in¬ clusive. Penn Twp. Sch. Twp. (P. O. Mishawaka), Ind.. Bond Sale—The $122,000 school building bonds offered July 2— 179, p. 2855—were awarded to v. Raffensperger, Hughes & Co., of Indianapolis, as 2y4s. Washington Twp. (P. O. Milton), Indiana Bond Sale—The County Offering Due from 210,000 2y2s. of on • clusive. trust and Civil July 9 — $145,000 School Township bonds offered v. 179, p. 2855 — were awarded to the Indianapolis Bond & Share Corp., Indianapolis, as 2%s, 100.04, at basis of a about 2.61%. 200—has been canceled. Bond syndi¬ & & about of 780,000 2V4s. West Sandwich, III. New Humphrey a Community Unit School District No. 6 (P. O. Rankin), III. inclusive. members cost from Co., of Cleveland, Byrne and Phelps, Inc., First of Michigan Corporation, Mohr Irondequoit p. 1 of Chicago, Fox, Rausch & Co., and Ellis & Co., both of Cin¬ cinnati, at a price of 100.02, a net Principal and in¬ Offering proposed Jan. 1 from In¬ City, Dwinnell, Harkness & Hill, Boston, Sills, Fairman & Har¬ 1956 to July 13—v. 180, 103—has been indefinitely post¬ poned. Jan. 1 from Jan. of ris, 1, p. ' Baxter, of Bond 3.05%/as on Bank, all of mutually satisfactory to company $525,000 water Due Bank, Co., and the Mer¬ National dianapolis, at IV2% interest. Trustees." fered for sale 1969 inclusive. chants National National clusive. July to Indiana Aug. 1 from 1955 to 1959 in¬ Hinsdale, III. 1963 of American $260,000 Lakeland, Fla. 2,518.000 3s. Bank, interest Bond Sale—The $3,500,000 light and water revenue bonds offered on $2,880,000 follows: to Legality approved by Chapman & Cutler, of Chicago. inclusive. Sale —The offered July 13—v. 180, 200—were awarded to a group p. on j The . Due Indianapolis, Ind. Warrant Fletcher Trust offered awarded .- 1966 on olis. composed inclusive. bonds were terest payable at Due Trust Co., Indianapolis. Legality approved by Russ, McCord, Ice & Miller, of Indianap¬ Dec. 1 from Principal and interest (M-S) at the Guaranty Trust Co., New York City. Legality ap¬ proved by Caldwell, Marshall, Trimble & Mitchell, of New York City. 1962 Fletcher the Mercantile Trust Co., of Louis, jointly, as 1.60s, at 100.07, a basis of about 1.58%. 1, follows: semi-annually from payable at the Brownsburg State Bank, Brownsburg, or at the Northern Trust Co., of Chicago, 1984 inclu¬ Barcus, Kindred & Co., of Chi¬ cago, at a price of 100.01, a net interest cost of about Due St. on 13—v. 179, p. 2854 — were awarded to a syndicate headed by 1954. Montgomery, 1 the and bonds. March until for sewage Dated July bonds. revenue the 9 1960. to 1, from Elgin Sanitary District, III. Bond Sale—The $550,000 sewage Siv- Due of works group Dec. on 1971 payable Juran Bond 1957 to callable are 660,000 3y4s. Francisco. 180. Fran¬ March 1954. bids Jan. 1, 1956 to Jan. 1, 1985 inclu¬ sive. Principal and interest (J-J) Legality approved by Chapman & Cutler, of Chicago. revenue 1, sealed - sive. Bonds due, in 1961 and there¬ 1958 o. 7 Co., of Atlanta. Due improvement system receive L„ Treasurer, - Offering — Richard M. Kokomo, Ind. , Daugherty, Secretary of the Board Bond Sale—The $1,250,000 sew¬ Education, will receive sealed age works bonds offered July 13— bids until 8 p.m. (CDST) on July v. 179, p. 2855—were awarded to a 19 for the purchase of $220,000 group composed of Paine, Webber, building and site purchase bonds. Jackson & Co., and First of Mich¬ Dated Aug. 1, 1954v. Due Dec. 1 igan Corp., both of New York County City and Chicago. March Marion — Clerk . of July utilities com¬ Bond Principal Offering—Harold F. $322,000 3V2S. to on City Clerk, will receive sealed a.m. (EST) on Aug. for the purchase of $2,200,000 County 17.9, July awarded DuPage County Sch. Dist. No. 2 (P. O. Bensenville), III. Los Offering Town (CST) on July 27 purchase of $490,000 1963 to 1973 inclusive. er, interest County Water District, I California will 1955 to 1962 inclusive. Bradenton, Fla. /F-A) Principal and nayable at the Treasury. Due 500,000 2V4S. agencies of the York clusive. Stanton from trust or p.m. terest J-D. both $90,000 ibuild¬ Association, of San as 21/£s, at a price of the fiscal School Bond Offering—Harold J. —v. 200—were awarded to the Bank cisco. Orange for the purchase of until in Due inclu¬ warrants bids until 10 Dist., Bond Sale—The $190,000 sewage disposal bonds offered July 8 of America National Trust & Sav¬ a office 1 $350,000 anticipation on of Blyth & $300,000 2s. and (F-A) payable at the Treasurer's office, or at County Dated his at about ing bonds offered July 13—v. ings Sch. Aug. on inclusive. July 1 from on & Los Angeles County, Calif. Sale—The Due 1979 interest Offering — B. J. Smith, County Clerk, will receive sealed 4s. at CALIFORNIA Bell flower 1954. The follows: Ost¬ (PDST) bank a 1954. 1974 INDIANA receive office a.m. to mutually acceptable to the the city. Legality approved by Chapman & Cutler, of Chicago. Co., Bacon, Whipple & Co., and McMaster, Hutchinson & Co., all of Chicago, July 20 for the purchase of $848,building bonds. Dated Aug. 1, incl. ing 3.82%. p. View his at — 200—were awarded to p. FLORIDA Due and Bond Due 1979 will 1956 1, purchaser and Davis, 2854—were p. composed July 1 from on for the purchase of Sale—The $147,000 water Lindsey, of Little Rock, a once of 102, a basis • Fran¬ Principal and interest (J-J) July pany County Sch. Dist. No. 100 ,(P. O. Berwyn), III. Bond Sale—The $800,000 build¬ ing bonds offered July 14—v. 180, 000 3 until offered San County, Calif. Treasurer's ARKANSAS Clerk, bids Bond inclu¬ Legalitv aonroved bv Gust, Rosenfeld, Divelbess & Robinette, of Phoenix. Bond County 1968 incl. ,13,000 3y4s. office. Mar veil, ly, in $28,000 3V2s.. Due Principal and interest (J-J) July of follows: as from payable at Cook School District, Los Angeles County, Calif to 1 sive. in Dated Jan. i as J. receive „ ILLINOIS Wisehurn bids June 1 from Offering—Dorothy 10 build¬ Bond vitt, Clerk of the Board of Super¬ visors, will receive sealed bids until $41,000 179, in cisco. Offering—Harold will Brownsburg, Ind. revenue offered to J. H. Hilsman & proved by Orrick, Dahlquist, Her¬ rington & Sutcliffe, of San Fran¬ Bond Sale gas certificates July 1 from 1955 to Principal and in¬ on sealed Sale—The Certificate natural re¬ office Esther Don- Clerk, bonds Bond Smith, will his at 1 inclusive. 10 p.m. (CDST) July 22 for the purchase of $1,100,000 general obligation Jackson, Ga. terest (J-J) payable at the County office. Legality ap¬ Fran¬ City GEORGIA Treasurer's price of 100.53, a to inclusive. Angeles, until 9 J.une 1 from 1969 inclusive. for the purchase of San District, Siskiyou County, Calif. 1 Navajo County, County Union High Sch. Dist. (P. 'O. Holbrook), Ariz. Bond 1979 Macdoel Elem. School a follows: on of Clerk, bids basis of about 2.68%. a ings 1962 inclusive. to 2%s, at as net interest cost as Due 45,000 2V2S. cisco, Refsnes, a about 2.62%, Association, County sealed 1973 on. of —v. Siskiyou to and Dec. on sealed bids until National Bank, of New City. Legality approved by Chapman & Cutler, of Chicago. California Bond Offering—Waldo J. 1954. Due build¬ of America National Trust & Sav¬ The of $50,000 ing bonds offered July 6—v. 180, p'. 102—were awarded to the Bank station I^ly, Beck & Co., of Sale—The 1955 due inclusive; due Sterling, III. callable are 1963 2V4s, 1964 Bond Offering dero, Chase Sch. Dist., Siskiyou and Modoc Counties, Dean Angeles County, Calif. Bond — to LaCanada School District, Los to $85,000 jail improvement bonds offered July 12—v. 180, p. 102—were awarded to fire awarded Witter & Co., of San Francisco. Enoch, from Dec. 1 from on York Yreka, until 10 a.m. (PDST) on July 20 for the purchase of $176,000 building bonds. Dated July 1, $25,000 build¬ to $49,000 . Aug. 1, 1964. Principal and interest - (F-A) payable at the Tulelake Joint Elem. of America National Trust & Sav¬ E. 1955 bonds: sewer , inclusive. ceive 2854—were from Bonds thereafter Principal and in¬ (F-A) payable at the County Treasury. dated Sale—The 1 inclusive. and terest incl; are Aug. 1974 1965 July 20 $155,000 Aug. 1, purchase of bonds. Dated Due 1972 July 1 from ing bonds offered July 13—v. 180, p. 200—were awarded to the Bank Grande, Ariz. Bond Sale ; and 1979 on the 1954. inclusive. Due as building July 1 from July 1, Principal and interest (J-J) Bond & ARIZONA Casa 1972 to for Elementary Sch. Dist., Merced County, Calif. receive sealed bids until 7 p.m. (CST) on July 27 for the purchase of $100,000 pub¬ lic improvement bonds. Due an¬ 1 July 1 from Hopeton will on July inclusive. on < Legality approved by Orrick, Dahlquist,. Herrington & Sutcliffe, of San Francisco." " / Sheffield, Ala. nually Due bonds 1954. 28 All . bids at his office in Los Angeles, until 9 a.m. (PDST) on July 1 from inclusive. on by White, Bradley, Arant, Rose, of Birmingham. July 1, 1S65 on i Due n. inclusive. Due 85,000 sanitary $36,000 2s, due Wichita, Fitzgerald & Co., of New York, McDougal & Condon, of Chicago, Seasongood & Mayer, and Weil, Roth & Irving Co., both sas, Bond Offering—Harold J. Ostly, County Clerk, will receive sealed inclusive. Warrants due in 1960 and thereafter are callable as of Sept. 1, 1959. Legality approved Clerk, of payable at the County Treasurer's clusive. — on 1957 1973 to funding capital outlay school warrants. Dated Sent. 1. 1954. Due serially from 1955 to 1965 in¬ Offering to follows: as Due 1965 re¬ from of office. $1,000,000 1964 1 bonds Cincinnati. are dated July 1, Principal and interest (J-J) West Miami, Fla. payable at the County Treasurer's Bond Offering—H. N. Buchner, office. Legality approved by Or- Town Clerk, will receive sealed rick, Dahlquist, Herrington & Sut- bids until 7 p.m. (EST) on July 19 cliffe, of San Francisco. for the purchase of $85,000 storm drainage bonds. Dated Aug. Temple Sch. Dist., Los Angeles 1, 1954. Due on Aug. 1 from 1955 County, Calif, $480,- Association, to The Offer'ng—I. J. Browder, City Superintendent of Edu¬ cation, will receive sealed bids am. to 1966 to Gadsden, Ala. 1964 Francisco, 138,000 2y4s. Warrant July on The National 133,000 2s. Legality approved by White, Bradley, Arant All and Rose, of Birmingham. 11 Fran¬ sold was America Savings 1958 > City of 152,000 iy2s. works refunding warrants. Dated Aug. 1,1954. Due Aug. 1 from 1955 to 1969 incl. Bond & 1955 ; for the purchase of San issue .of bonds $57,000 43/4s. $750,000 public improvem't bonds. Dated April 1, 1954. - Due April 1 from 1955 to 1964 incl. 210,000 general obligation water until Sale^An 000 (EST) on July 27 for the purchase of 960,000 bonds and warrants, as ' of Wachob-Bender Corp., of Omaha, Company of Kan¬ First Securities 1954. Bond , Offering— Clerk, will City Association, to July 1 from 1966. and Gilroy Union High School District, Santa Clara County, Calif. Dothan, Ala. L, R. 1962 on inclusive. Due 10,000 214s. cisco. Stubbs, Smith & Lombardo, Birmingham, jointly. of 2s. 1961 102—were awarded to the Bank of America National Trust & Say¬ Corporation, and 13,000 o. the Due 1955 to ing bonds offered July 12—v. 180, refunding school July 7—v. 179, warrants offered oil 2854, Equitable $28,000 2V4s. County, Calif. Bond Sale—The $175,000 build¬ Warrant Sale—The $188,000 gen¬ eral obligation p. Elementary School District, Placer Cullman, Ala. offered July 12—v. 180, p. 103— awarded to McDougal & Condon, and the Republic National were Bank, a both of Chicago, jointly, at price of 100.02, cost of about a 2.19%, net as interest follows: $300,000 water works bonds: $135,000 1955 Bond Sale—The $385,000 bonds 2s, due on Dec. 1 to 1963 inclusive; $165,000 2V4s, due on from and Dec. from 1964 to 1973 inclusive. 1 works Terre Haute, Ind. Sale—The $225,000 refunding ment bonds offered p. 103—were water and improve¬ July 9—v. 180, awarded to Allan Blair & Co., of Chicago, as 3Vzs, price of 100.41, a basis of about 3.47%. at a Western tion Bond School Building Corpora¬ (P. O. Kokomo), Ind. " Sale—The mortgage July 14 — revenue v. 179, $485,000 bonds p. 2855 first offered —were The Commercial and Financial Chronicle... 56 ' Monday, July 19, 1954 (300) KENTUCKY composed of City Securities Corp., Indi¬ anapolis Bond & Share Corp., and Raftersperger, Hughes & Co., all of Indianapolis, as 3s, at a price of 100.30, a basis of about 2.97%. to awarded group a Sale Berea, Ky. '•» bonds offered July 12—v. 180, p. 201—were ^warded to the Kentucky Com¬ building Louisville, of pany IOWA at par, tion, will receive sealed folk til 8 p.m. County Trust Co., of Dedham, as Is, at a price of 100.16, uiscount. notes The as 1954 19, July dated are Peabody, Mass. follows: Brooklyn, Iowa Legality inclusive. 1971 to Indep. Sch. Dist., Iowa $190,000 school on July 9 -were awarded to Paine, Webber, Jackson & Curtis, of Chicago, and the First of Iowa Corp., of Des offered bonds Laughlin, Clerk, will receive sealed and open bids until 8 p.m. (CST) on July 19 for the purchase of The $23,700 water works bonds. Dated Aug. 1, 1954. Due on Aug. 1 from 1966 able Bonds due thereafter and of Feb. 'Treasurer's office. Legality Baton Greater ap¬ mission receive sealed and open bids until 8:30 p.m. (CST) on July 19 for the purchase of $24,000 water works revenue bonds. Dated Aug. 1, 1954. Due Laughlin will 1 from clusive. 1959 Bonds thereafter are due in¬ 1970 to 1966 in callable Legality approved by Chapman & Cutler, of Chicago. Bond Sch. Dist., Iowa Offering—Floyd D. Walt- Secretary man, Education, of will bids until 8 the 13—v. awarded bonds the receive sealed bids until 10 a.m. (CST) on Aug. 5 for the purchase of $296,000 building bonds. .Dated Oct. 1, 1954. Due Oct. 1 from 1955 to 1968 inclu¬ on School Board Treasurer. Due 1963 Nov. on inclusive. interest office. 236.28 from 1, 1955 Legality by Chapman & Cutler, of Chicago. ' ; KANSAS Sale—The ing bonds were Bond eral offered were July St. • ■ Co., of the George to same K. time Baum were & sold Co., of Kansas City. .Bond Sale—The National Secu¬ rities Co.. of Wichita, .pur¬ chased $168,000 building and ath¬ Inc., letic field lights bonds. ■ Sale —The $225,000 provement bonds offered 12 v _ were .awarded on Barrow, offered July Leary : & Co., of Rittenoure to Bond Sale—An issue of bonds was sold > , . due in Due 1974 to 1970 callable as terest F-A. leans. of of Bank (CST) on Sept. on Aug. 1 from 1, Car¬ J. the of Mer¬ Boston, 000 bonds, 30 a.m. follows: as 1969. - In¬ sewer 7 7 bonds. Due on Aug. 100,000 water bonds. Due on Aug. 1 from 1955 to 1969 inclusive, The bonds are dated Aug. $300,000 notes 180, p. 201- the Second Na Boston, jointly, as l%s, at a price of 100.22, a basis of about 1.72%. MICHIGAN the School District No. 4 cipal at a as and and bank of July A. Weath¬ interest or thereafter are Prin¬ payable 1, 1956. (J-J) trust company to be designated by the successful bid¬ der. 7 *„ Legality approved Thorndike, Palmer & Dodge, of Boston. by Storey, \ Bond Marlborough, Mass. Offernig—Edw. F. low, City Treasurer, Will receive sealed bids in care of the Mer¬ chants National State Bank of; Boston, Street, Boston, until 11 July 22 for the $280,000 municipal garage bonds. Dated Aug. 1, 1954. Due on Aug. 1 from 1955 to 1974 inclusive. Principal and interest on No. 10 (P. O. Auburn Bank discount. of Boston, at 0.487% payable at the Merchants NationBank of Boston. Legality ap¬ proved by Storey," "Thorndike, Palmer & Dodge, of Boston. July 1 from 1955 to 1959 incl. V: 51,000 "2145. > ! 7777:777'7^7'7 , July 1 from 7 Due 1960 to 1964 incl; ! 2Vzs.' Due 7 " 1 58,000 2%s.t-Due July 1968 to 1971 incl. - 115,000 2s; Due on July 1, 1972. Dearborn, Mich. f Bond Sale—The $230,000 special assessment district bonds offered 7 7 „ 13 — awarded 180, * p. 104 — Were McDonald-Moore & v. to 7 Co., of Detroit. School Dist. No. $ (P. O. Millett), Mich. Bond Sale—The $75,000 site and Delta Township 180, p. 104—were awarded to McDonald-Moore & Co., of De¬ —v. troit, at a price of 100.001, a interest cost of about 3.84%, Barcus, Kindred* &< Co., & Main, and the ChanSecurities Co., all of Chicago, price of TOO.0001, a net inter¬ est cost of about 2.64%, as follows: a $105,00 4s.- Due on Mav 1 1957 to 1960 inclusive. from , and 3^s. Due on May 1, 1961 fy62.' ! r' * 285,000 3%s: Due on May 1 from 1963 to 1969 inclusive.•" 90,000 0.50s. Due oil May 1, 1970 and 1971. as to 1966 incl. 32,000 3%s. Due July 1 from 1967 to 1972 incl. Detroit, Mich. National Bank Offering Various Municipals—The National Bank of 116, R. P. A., asking for bids until 11 a.m. (EST) on July 20 for the purchase of $2,648,000 bonds of various States and municipalities Detroit, P. O. Box Detroit 32, is * ' Essexville and 'Hampton Twp» - "(Part of ) Frac. Sch. Dist. No. 3 (P. O. Essexville), Mich. 77-7 builds bonds offered on June 30 —v. 179, p. 2856—were awarded to the Peoples National Bank, of Bay City, as lVzs, at 100.004, a* Bond Sale—The $250,000 ing Ballman 7: net Due July 1 from 1956 $43,000 4s. ing bonds offered July 7—v. 179, 2856—were awarded to a group composed of H. v. Sattley & Co., McDonald-Moore & Co., both oL basis of about 1.49%. *70,000 July 7 building bonds offered on ■; $550,000 build¬ p. ner from ' from 1 July 1965 to 1967 incl. r f Heights), Mich. Bond Sale—The at 8 July on comprising 66 individual lots. Pontiac, Troy and Bloomfield ,Fractional School District Avon, al tional offered $52,000 2Vz$. Due Detroit, Bige- - tion, and Braun1, Bosworth & Co., both of Detroit, jointly, as follows: ; obligat'nn bidding bonds. 1960 f follows: 1, 1954. Due on July 1 from 1955 to 1970 inclusive. Bonds Merchants-National Bank of Boston. the Dated July in 7 180, p. 104—were awarded to First of Michigan Corpora¬ v. Director, will receive sealed bids until 7:30 p.m. (EST) on July 21 for the purchase of $21,000 due D.etroit, * of . bonds ing ers, Principal and interest pay¬ at a.m. Lewiston, Me. 7 Webber, Jackson & Curtis, New City, and R. L. Day & Co., of crpnprpl disposal Bridgeport Twp. Sch. Dist. '(P. O. 4221 Merlin Avenue, Bridgeport), York Bond Offering—Neil both Co., 7 & Sattley jointly. J uly $600,000 school bonds offered July 15—v. 180, p. 201 were awarded to Paine, Bond Sale—The 1, 1954. able (DST) purchase of MAINE awarded to able at of Boston. 1 from 1955 to 1974 inclusive. are Legality approved by — The July 12—v. interest pay¬ the Second National Bank callable $700,000 school project bonds. Due on Aug. 1 from 1955 to 1974 ... I".* 15, Aug. dated are (P. O. Grand Rapids), Mich. Bonds thereafter Aug. bonds ^ewage gen¬ bonds offered July 13—v. 180, p. 104—were awarded to Mc¬ Donald-Moore & Co., and H. V. : Principal and ap¬ State St., (DST) on July 27 for the purchase of $900,Room, until 11 Boston, - Marcus inclusive. and care Directors' 30 were the National ' * for- the tpurchase of $175,000 public improrvement bonds. Dated 1955 in bids chants p a.m. 1964 inclusive. The 7 $320,000 plant '39,000 „ 25,000 street construction bonds. Due on Aug. 15 from 1955 to Ada Township Lexington, Mass. Offering—James seaiea Broussard, Secretary of the Parish Jury, will receive sealed bids until 10 Legality Boston. Dodge, of Boston. Bond Abbeville). r Police $225,000 to of & roll, Town Treasurer, will receive <7 | Note Sale State Bank of Benton. mer _ — .7 7 proved by Storey, Thorndike, Pal¬ A. Bond 'Offering 1, Aug. dated are inclusive. Louisiana inclusive. at 100,000 J *"77' .',..7 Sale consisted of: * Winthrop, Mass. Principal and interest pay¬ the Merchants National 1954. ... Vermilion Parish (P. O. ,Osborne School District, Kan. building $225,000 public 2855—were awarded Shreveport. C offered Benton (P. O. Eunice), La. bonds p. im¬ July Investment Co., of Wichita. bonds The gen¬ Foley, -Cox & Judell, of New Or¬ Haysville School District, Kan.. vBond to 179, Aug. 1, 1954. Kansas / • $250,000 7 Gridley Rural High School'District, ; I Sale—The Bond 7• The $187,600'storm sewer bonds ; offered '■ 13—v. Kan. •: L: of Landry Parish Hospital Service District No. 1955 to 40,000 sewer bonds. Due on Aug. 1 from 1955 to 1962 inclusive. were 14—v. improvement street improvement bonds 14—v.. 180, p. 103 City. — Jones, 179, p. 2753— were awarded to White, Hattier & Sanford, of New Orleans. sold to the Small- awarded to Zahner & Kansas July on 90,000 macadam pavement bonds. Due on Aug. 1 from 1955 to obligation hospital bonds of¬ fered Sale—The $150,000 and sidewalk Aug. 1 from 1974 inclusive. able Sale—The Bond electric bonds. and gas $95,000 basis of about 1.67%. 1954. follows: Due obligation eral were *$70,000 water mains bonds. Due 7 on Aug. 15 from 1955 to 1968 Dept., 40 Water St., Boston, until noon (DST) on July 27 for the purchase of $530,000 bonds, as Bank $150,000 build¬ Bend, & $653,offeree Madison Parish Hospital Service Dist. (P. O. Tallulah), La. Milburn Co., of Wichita. Great 103 p. Scharff Lucey-, City Treasurer, will" receive seal¬ bids in care of the National Shawmut Bank of Boston, Trust $400,000 9 — E. Sale—The Bond Michigan $225,000 build¬ — certificates 180, to a July incl. Bond Sale—The bonds awarded to R. W. Pressprich & Co., New York City, as 1.70s, at a price of 100.14, 1959 inclusive. The — Orleans. New Cunningham Sch. Dist., Kansas Bond 13—v. awarded ap¬ proved Sale paving July July > ... Offering—Jos. to Sale—The Bond offered ed Lafayette, La. Principal and at the City payable Treasurer's 1 Legality & Cutler, Chicago.;; ■,.7;.. ..::.. s; Certificate July White- dated are School '' offered to Shiel, H; F. Parish payable at the office of the Parish Phillips Co., of Davenport. 1954. — the KBoiid it.'. will Board, The $15,000 street — improvement bonds to of approved by Chapman West Union, Iowa The Jena), _La. - Bond Offering Secretary of were fP. 1, Due on April 1 from inl972 Boyne City, Mich. Wakefield, Mass. - Holyoke, Mass. 1962. and anticipated. " , due Due on April 1 1961 325,000 3*4s. Due on April 1 from 1963 to 1970 inclusive. 7 school pro¬ as was incl. 1960 to 1971 lower con¬ struction bids than was originally Aug. 1 Aug. dated are 1955 70,000 2Vzs. (re¬ a offering all of Co., & MacArthur 100,000 Vzs. $300,000 2.10s, at a price ol basis of about 2.03%. The reduction in the amount of the 100.55, & $165,000 3^s. Due on April 1 from Weeks, of Boston, Sale—The jointly, Bank, of Boston. Legality ap¬ proved by Storey, Thorndike, Palmer & Dodge, of Boston. sealed ing bonds. Bond Sale $45,000 LaSalle Parish Sch.'Dist.,No. -22 ^ will Principal and interest pay¬ at the Merchants National able The July 20 on for the purchase of $90,000 build¬ 12 — utility bonds offered July 180, p. 103—were not sold. sive. Principal and interest (A-O) receive (CST) p.m. of Board Sold Not Bonds public bonds The . & on Corporation, Br a u n, Co., Inc., .and- Ken- Michigan to offered July i3 — v. p. 201—were awarded to W. E. Hutton & Co., New York City, and Lyons & Shafto, of Boston, a.m. 200,000 school bonds. Due from 1955 to 1974 incl. group a t build¬ 180, p. 104—were Bosworth price of 100.56, a basis a Mich., 7 July 8 awarded to composed of the First of offered bonds ing —v. bonds ject 180, $650,000 bonds, as follows: 1954. Haughton, La. and office. to Big Rapids Sch. Dist., Bond Sale—The $660,000 Stoughton, Mass. $450,000 school project bonds. Due Aug. 1 from 1955 to 1974 incl. $55,000 notes 2s, at Bond Street,1 Boston, for the purchase 179, p. 2855— Kohlmeyer & proved by-Miller, Canfield,- Paddock & Stone, of Detroit. ' r- Detroit, as follows: awarded duced from $350,000) 11 1, 1959. Principal and interest (J-J) payable at a bank or trust to be designated by the successful bidder. Legality ap¬ of about 1.93%. National of '.."'7" 7 201—were p. Hornblower as July 20, at the Mer¬ Bank, 30 State on Storey, Dodge, of 7 .777 Sale—The 180, v. Raymond A. bids until (DST) Co., of New Orleans. 1,. 1960. t; Principal and interestpayable at the Town Treasurer's .■Nicols Indep. awarded vere of Feb. as The — Dfl'ered July 13—v. — Boston. by & the company ower, July 13— Treasurer, Town sealed chants (P. O. Port Allen), La. Sale Note Mr. — Offering Denslow, receive Rouge Port Com¬ ■ of $290,000 sewer and water bonds offered July 15r— Longmeadow, Mast. Bond Bos¬ Saugus, Mass. p. East LOUISIANA Chicago, Aug. payable National Bank & Farmers proved by Chapman & Cutler, of on 1 Palmer Boston. 201—were awarded to F. S. Moseley & Co., of Boston, as 114s, at a price of 100.04, a basis of about 1.24 %. Co.,'Marion. Legality ap¬ proved by Wyatt., Grafton & Grai,on, of Louisville. 1, 1960. Offering Feb. on approved Thorndike, Sale—The $175,000 sewer 180, v. Shawmut Bank Bond and water bonds offered call¬ are and interest Additional water Trust Principal payable at the Town as the Legality 103—'were awarded to Bond bonds offered on cipal and interest (F-A) at 14—v. July offered bonds p. 2.01%. from 1971 to 1973 inclusive. Prin¬ Town tional Danvers, Mass. $50,000 mature bonds water Ty¬ ler & Co., of Boston, as 2.10s, at a price of 100.59, a basis of about 180, July 8 were awarded to the Bank¬ ers Bond Co., of Louisville. Lineville, Iowa 1970 inclusive. Billerica, Mass. main re¬ the of of Trust Dept., 40 Water St., until 11'a.m.' (DST) on July 28 for the purchase of $650,000 school project bonds. Dated Aug. 1, 1954. Due on Aug. 1 from 1955 to 1974 inclusive. Principal and interest payable at the Na¬ York Sale—The $150,000 Bond will care Bank ton, 1.40s, at a price of 100.22, as in bids Shawmut bids un¬ (EST) on July 21 for purchase of $85,000 school build¬ ing bonds. Dated Aug. 1, 1954. Due on July 1 from 1955 to 1972 inclusive. Bonds due in 1960 and thereafter are callable as of July Boston; basis of about 1.35%. a Ky. Marion, Sale—The and gas revenue Bond Offering—L. C. in bonds 180, p. revenue Bond Moines, jointly. 1959 to City, offered on July 8—v. 103—were awarded to a group composed of Almstedt Bros., Bankers Bond Co., vV. L. Lyons & Co., Stein Brothers and Boyce, all of Louisville; Rus¬ sell, Long & Co., Security & Bond Co., both of Lexington, and F. L. Dupree & Co., of Harlan. tory Bond Sale—The house $400,000 school Patrick M. — Treasurer, sealed ceive the Bankers Trust Co., New Sale—The $450,000 dormi¬ Bend ap¬ City National bonds offered July 14— v.' 186,' p7'201—we^'awarded tb Kentucky State College* (P. O. Richmond), Ky. Cutler, of Chicago. 77:;-^77:77. Mass. 7 ■ project proved by William L. Hassett, of lies Moines, or of Chapman & Elk Horn ConsoL Amesbury, Bond Sale—The 1971 to 1974 inclusive. Eastern $120,000 of purchase 77^-777 Due on July 1 from 16,000 3y4s. Offering Cahill, 1955 to 1970 inclusive. light plant revenue bonds. Dated July 1, 1954. Due on July 1 from 1960 the Bond MASSACHUSETTS 1 from Due on July 3s. ,44,000 Powell; Secretary of the Board of Trus¬ tees, will receive sealed bids un¬ til 7:3Q,p,itv, (CST) on July 21, for C. Offering—H. Bond about 0.94%. basis of a 1954. mature on Oct. 5, and Secretary of the Board of Educa¬ 201—were Portland, at 0.518% tional Bank, of revenue offered July 14—v. 180, p. awarded to the Nor¬ bonds Mich. Williams, Bond Offering—L. A. Sale—The $100,000 water Bond anticipation notes offered J«ly lo were awarded to the Canal Na¬ $60,000 school Sale—The Bond $500,000 tax The — Baldwin Public Sch. Dist., Needham, Mass. Portland, Me. , Note the - . - Farmington Twp. Sch. Dist. (P. O* 33000 Thomas St., Farmington)f • j Michigan ~ - ; . , I Bond Sale—'Hie $1,500,000 build-* * ing and site bonds offered oi^ July 8—v. 179,p. 2856—were awarded to a group composed of Halsey, Stuart & Co., Blyth & Co., both of " Chicago; Watling, Lerchen Co., Kenower, MacArv Detroit^ Co., of To+ }edo; Baxter, Williams & Co., of thur &- Co., both Stranahan, Harris i Cleveland; Ryan, of & Sutherland & Number 5343... The Commercial and Financial Chronicle, Volume 180 Parish of Toledo; Shannon & Co., ,S.f R. Livingstone, Crouse & Co,, both of Chicago, at a pried of 100.05, a net- interest cost of 'about 2.34%'; as follows: Co., Twp. School District No. 3 (P. O. 4471 Kalamazoo Ave., S. E. Grand Rapids), Mich. and Due $1,250,000 3s. v 250,000 %s. Due ing May 1, 1970 on Bond Sale—The fered and $140,000 awarded the to First 1955 1957 to Homer Twp. Sch. Dist. No. 1 payable the at Chemical will Offering received be the of Co., of p.m. (EST) purchase of on 5 Education clusive. Interest A-O. Drive, Kalamazoo), Mich. E. H. Schneider mazoo, a, on July 9 104—were awarded to p. as 4s, at all of of & Co., of Kala¬ price of 100.04, a about revenue on May 1 from 1955 to 1961 inclusive. 235,000 2s. Due Due May 60,000 0.50s. to May 1 from on 1968 inclusive. to 40,000 Is. bonds. 1974 NEVADA June on 15 Bond Due 1, on to 1974 inclusive. George County, 1971. Bond bonds Sale—The offered Fry, will receive p.m. bids until 4 (EST) on July 19 for the purchase $28,000 tax anticipation notes. Dated June 13, 1954. Due in vary¬ on Jan. 7, Feb. 4, and April 8, 1955. amounts 202—were sold to the County, 4, improvement Bond to and sewer system 179, MINNESOTA and oral on bids Bond until 8 on Aug. 1 from District, Miss. cation, 1954. on of bids until 2 jointly, as Norwich 3y4s. Township Fractional Sch. District No. 3 (P. O. Route No. 3, Big Rapids), Mich. 8 Board p.m. of (EST) Education until July 22 for the $40,000 building honds. Dated Aug. 1, 1954. Due on May 1 from 1955 to 1972 inclusive. purchase callable are 1960 as and thereafter of May 1, 1959. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. Interest the M-N. Orleans and Fair plains Twps. Frac. Sch. Dist. No. 8 (P. O. R. F. D. Orleans), Mich. Bond Minneapolis, and the tional Bank of St. 1 from July 27 for the pur¬ $69,000 Beach recon¬ 1955 of & to 1968 and at approved Olmsted County Common School District No. 59 (P. O. Rochester), Minnesota Bond Offering—E. L. Van for the building 1954. purchase bonds. Dated Roseau . i. Sepjt. 1, County (P. O. Roseau), ed bids until 11 a.m. (CST) on July 20 for the purchase of $85,000 drainage bonds. Dated July 1, 1954. to Due 1961 fered' interest the 1 First on) Jan. 1 from 1956 inclusive. Principal and by the at as 8—v. 179, a price of 1954. bonds of dated are Int. J-J. 1, Lincoln, Neb. Bond Sale—The $1,500,000 audi¬ torium bonds offered July 12—v. Trust 2754—were awarded composed Co., J. P. of 100.11, a the Morgan to a Bankers & Milford Due 2s, at a price basis of about 1.97%. as School District, Co., Inc., and Clark, Dodge & Co., all Aug. 1 from 1955 to Principal and in¬ (F-A) payable at the Peo¬ ple's National Bank of Secaucus. Legality approved by Reed, Hoyt, Taylor & Washburn, of New York City. ; • • West Deptford Twp. Sch. Dist., (P. O. Verga), N. J. . Bond Sale—The $360,000 builds ing bonds offered July 14—v. 179, , p. 2754—were awarded to Boland, & Co., New York City, as Saffin 2%s, at price of 100.08, a of about 2.36%. basis a - ' ' Wood-Ridge School Distrit, N. J. ■' Bond bonds - • Sale—The offered $25,000 school July 13—v. 180,. p. 106—were awarded to Ridge National Bank, the Woodas 1.60s, at par. NEW MEXICO Artesia, N. Mex. Bond bonds Sale—The $130,000 water offered 106—were July 7—v. 180, p. Bosworth, Co., of Denver, as fol-, awarded Sullivan & to lows: $30,000 2%s. 1955 to 33,000 3s. Due 1959 on July 1 from inclusive. Due 1960 to 67,000 2%s. 1964 to N. J. ing bonds offered July 13—v. 180, p. 105 — were awarded to the Hunterdon County National Bank of Flemington, as 2s, at a price of 100.10, on inclusive. on 1963 inclusive. Due July on 1 from July 1 from 1969 inclusive. NEW YORK Sale—The $165,000 build¬ Bond Bond July Interest J-J. p. ManasquJn, a basis of about 1.98%. Morris Twp. Sch. Dist. (P. Morris Plains), N. J. NEBRASKA 179, improvement 12—v. 180, p. 105—were awarded to the Manasquan National Bank 2857— $23,215 District No. 29 bonds. 1,500 District No. 30 bonds. 1954. $30,000 Beach bonds offered July .< Alexander — terest Sale—The $60,000 school building bonds offered July 14— 180, p; 105—were awarded to Ryan, Hanauer & Co., of Newark, as 1.80s, at a price of 100.04, a v. Sale—The Offering ^ Montana, par. 1955 :to sealed bids until 8 p.m. Bradley Beach. Legality by Reed, Hoyt, Taylor Bond of p. from Schiesel, Town Clerk, will receive (DST) on July 27 for the purchase of $50,000 school bonds. Dated Aug. It (F-A) 1964 bonds of¬ follows: group bidder. revenue Libby, Mont. Bond Offering—Eugene Wyatt, City Clerk, will receive sealed bids until 8 p.m. (MST) on July 19 for the purchase of $24,715 Special Improvement Districts bonds, as suitable successful July 3V4S, at be- desig¬ a to Sale—The $130,000 water 1 Principal and in¬ payable at the First Secaucus, N. J. National Washburn, of New York City. Bond sold to the State of The Minnesota Offering—Edgar O. Wold, County Auditor, will receive seal¬ payable • $40,000 Bond institution r of Due in 20 years. banking if Atta, District Clerk, will receive sealed bids until 8 p.m. (CST) on July 22 Bond supply system were nated , Na¬ Paul, at 1.60% Tefft, of McBain, as 3s, at a price of 100.34, a basis of about 2.95%. ' First Oct. (A-O) Bond inclusive. Garwood School District, N. J. I Dutton, Mont. bids inclusive. and equipment bonds. Aug. 1, 1954. Due on Aug. payable MONTANA Na¬ interest. interest r com¬ Northwestern Sale—The $16,000 build¬ ing bonds offered July 9—v. 180, p. 105—were awarded to Floyd L. - group tional Bank, First National Bank, Midland National Bank, all of on of Bonds due in of a ( Bond Offering—Sealed bids will received by the Secretary of be the posed July 13 to sealed (DST) onv.July 21 purchase of $160,000 bonds. Dated April 1, Bank, of Bloomingdale. Legality approved by Reed, Hoyt, Taylor & Washburn, of N. Y. City. p.m. — on receive p.m. Due 1970 — of sold will 8 the National Bank ' Offering—John R. Wood-^ house, Secretary of Board of Edu^- for — McDonald, Bond to — Moore & Co., and Kenower, MacArthur & Co., both of Detroit, Oakland School District, N. T. ■■■"■ notes awarded — 2856—were awarded to Legality approved by Haw¬ Delafield & Wood, of New York City. kins, struction from : (J-J) terest (DST) Newton Municipal Separate School p.m. Dated $300,000 were Offering sealed chase Aug. 1, 1954 and are callable as of Aug. 1, 1964. Interest F-A. Legality ap¬ proved by Charles & Trauernicht, : in¬ Principal and interest payable at the Closter Na-j ceive dated are July 15 from 1956 to 1973 George L. Crosson, Borough Clerk, will re-' 1975 to 1979 inclusive. bonds on July 22 for the $2,000,000 building Dated July 15, 1954. Due of building Principal 1 15, tional Bank & Trust Co., of Clos¬ NEW JERSEY Dated Aug. Aug. ter. Bradley Beach, N. J. inclusive. Lester Buch- holtz, Village Clerk, will receive sealed 1974 Aug. 15 clusive. until Aug. 1 from on on 1954 Nashua, at 0.59% discount. of St. Louis. Eitzen, Minn. July 14 July follows: as dated are (DST) bonds. from Assessed the Indian Head National Bank of Aug. 1 from on 8 p.m. purchase un¬ and offered 3.27%, 275,000 3s. Due The Sale—The offered 1964 inclusive. to un¬ District for bonds Bond which received annually of the Due Offering—J. C. Hartwig, Secretary of the Board of Educa¬ tion, will receive sealed bids until issue, according inclusive. bonds. sewer Nashua, N. H. syndicate headed Saunders & Co., Mem¬ 1965 for 2857—were awarded p. est cost of about $101,772.94 gen¬ obligation and special assess¬ ment bonds offered July 6—v. 180, be The 1974 Note by M. A. phis, Alvis & Co., of Jackson, and Scharff & Jones, of New Orleans, at a price of 100.01, a net inter¬ Bond Sale—The will amounts to combined a containing full de¬ $1,750,000 gen¬ bonds to Northern Valley Regional High Sch. Dist. (P. O. Closter), N. J. Utah, copies Gibbs, will mature in Due extension bonds 445,000 3V4S. Due Michigan Corp., of Detroit. bonds. inclusive. Point, Miss. to eral — 1964 6—v. bids July 28 to Miss City, 1955 gality * approved by Reed, Hoyt, Taylor & Washburn, of N. Y. City. W.- Bank NEW HAMPSHIRE Sale—The $980,000 water improvement Ypsilanti, Mich. 105—were awarded to the First til Zions is $150,268,100 and the popula¬ tion is estimated at 65,000. Bond Offering—Mrs. Hulda Mc- 1955 Lauren request from 1954. Principal and interest (F-A) at the Peoples Bank & Trust Company, of Westfieid. Le¬ issue of an valuation Eachern, Town Clerk, will receive sealed bids until 8 p.m. (CST) on July 20 for the purchase of $50,000 $260,000 4V2S. Due p. sealed 1957 Lucedale, Miss. — upon obligation equal par. 1955 to Offering 180, v. — 2%s, at from Offering—Lloyd C. Superintendent of Schools, Bond tails of as Moss Note March 12 brochure a eral $10,000 school July furnish of . p. May 1, 1970 No. 7 (P. O. 1335 Lee St., S. W. Grand Rapids), Mich. ing Special (P. O. Lucedale), Miss. , sealed Agricola Consolidated School District street 1969. Offering Gibbs, Fiscal Agent, Building, Salt Lake from 15 payable No. 2 (P. O. Las Vegas)', Nevada. . Aug. bonds. from 1955 to 1963 incl. Bond Sale—The $20,000 school (CST) on Aug. 3 for the purchase $6,000 Village Hall building bonds offered on July 6—v. 179, basis of about 1.78%. 1958 to 1984 inclusive. Bonds due, bonds. Dated Aug. 15, 1954. Due p. 2857—were awarded tp the in 1962 and thereafter- are callable Kearney, N. J. on Aug. 1 from 1956 to 1961 inclu¬ First National Bank, of Newton. as of Aug. 1,-1961. Principal and B o it a Sale The $2,030,000 sive. Principal and interest pay¬ interest (F-A) payable at a bank MISSOURI sewer anci sewer plant bonds of¬ able at a suitable banking institu¬ or trust company to be designated tion to be fered July 14 — v. 180, p. 105-^ designated by the suc¬ Sikeston, Mo. by the successful bidder. Legal¬ cessful bidder. were awarded to a group com¬ Legality approved Bond Sale The Mercantile ity approved by Miller, Canfield, posed of the National State Bank, by Duxbury & Duxbury, of Cale¬ Trust Co., of St. Louis, purchased Paddock & Stone, of Detroit. donia. $600,000 general obligation sewer¬ Newark; Ira Haupt & Co., New York City; J. B. Hanauer & Co., Macomb County (P. O. Mount age bonds, as follows: Maynard, Minn. Ryan, Hanauer & Co., and Van Bond Sale Clemens), Mich. The $150,000 sani¬ $385,000 21/4s. Due on Feb. 1 from Deventer Bros., all of Newark; 1955 to 1968 inclusive. Bond Sale tary sewer and The $310,000 War¬ disposal plant Andrews & Wells, Inc., New York ren 140,000 2V2S. Due on Feb. 1 from Township special assessment bonds offered July 8 — v. 180, City; Julius A. Rippel, Inc., F. R. 1969 to 1972 inclusive. districts paving bonds offered p. 104—were awarded to Kalman Cole & Co., and J. R. Ross & Co., 75,000 2%s. Due no Feb. 1, 1973 July 13 — v.- 180, p. 104 — were & Co., of Minneapolis, as 3 Vis, at all of Newark; Schmidt, Poole, a and 1974. awarded to price of par. The bonds bear Barcus, Kindred & Roberts & Parke, of Philadelphia, additional interest of 1% from Co., of Chicago. The bonds are dated July 1, and Ewing & Co., of Montclair, Feb. 1, 1955 to Feb. 1, 1957 inclu¬ 1954. Principal and interest (F-A) taking $2,026,000 bonds as 2.45s, sive. Manton, Mich. payable at the Mercantile Trust at a price of 100.209, a basis of Bond Sale—The $82,000 electric Co., St. Louis. Legality approved about Minneapolis, Minn. 2.43%. and power first mortgage revenue Certificate Sale—The $2,000,000 by Charles & Trauernicht, of St. bonds offered July 9—v. 179, p. certificates of indebtedness were Louis. Manasquan, N. J. Aug. 1, 1954. Due 48,000 July 1 from on inclusive. Clark County Educational Sch. Dist, will Wyoming Twp. Graded Sch. Dist. Offering—Roy V. Bailor, District Secretary, will receive (EST) on July 27 for the purchase of $90,- Due follows: as $165,000 3V4s. Due Bond sealed bids until 8 p.m. to '■ '' assessment 1963 incl. The interest cost of .basis of about 3.99%. water 1955 com¬ Co., Siler & net a 2.28%, Lin wood Metropolitan Dist., Mich. 000 group a Detroit, and Fox, Cincinnati, at a par, $60,000 special assessment bonds offered —Vil80, 1954. - of of Kalamazoo Twp., Knollwood Water District (P. O. 1720 Riverview Sale—The to MacArthur & price until July 30 for the $12,000 building bonds. Dated July 15, 1954. Due on April 15 from 1955 to 1966 in¬ Bond 15, Reusch & Co., of by the Director Board 1971 sewer Due July 1 from on 1970 inclusive. 335,000 13/4s. Due : $182,000 Adams County (P. O. Natchez), ( bids 1966 to Laing, July 22 for the purchase 000 bonds, as follows: July 1 from on 1965 inclusive. 395,000 IV2S. Due par. MISSISSIPPI Barcus, Kindred & Co., Shannon & Co., Ken¬ 1962 Sealed — of ower, State St., Midland), Mich. Bond Bank First National Bank, of Memphis, a price of 100.03. Dated June . . awarded Chicago, Township School District (P. O. 219l/z East Main No. 2 2s, at as State of as Sale—The $500,000 gen¬ building and site bonds of¬ fered July 7—v. 179, p. 2856— Savings Bank, Midland. Jerome Wyckoff, 105—were p. First eral posed Arbury, Director of the Board of Education, will receive sealed bids until 4:30 p.m. (EST) on July 20 for the purchase of $18,000 build¬ ing bonds. Dated July 1, 1954. Due on July 1 from 1955 to 1960 inclu¬ sive. Principal and interest (J-J) of the to at were Dr. Anderson — callable are Roseville School District, Mich. (P. O. Midland), Mich. Bond Offering 1955 Bond Sept. 1, 1958. on from: Bonds due in 1960 awarded to company of Detroit. Sept. 1 from incl. 35,000 13/4s. Due 1 1, to 1961 July 1 from 1960 inclusive. 365,000 1 Vis. Due Offering—Robert Borough Clerk; will receive sealed bids until 8:30"p.13. '(DST) on purchaser. Michigan Corporation, of Detroit, a price of 100.008, a net interest cost of about 1.59%, as follows: on July Aug. 1955 to on 57 Mountainside, N.J. Bond follows: as $405,000 2%s. Due I $10,000 general July 8—v. 180, City, at a pflce of interest; cost of about net a 1.65%, designated by the Mississippi Bond Sale—An issue of $190,000 Legality approved by Miller, Canfield,. Paddock & Stone, t county ..bonds was sold.to the of at $105,000 l^s. Due dated: are thereafter trust par, obligation water works bonds of¬ fered New York of - Bond Sale—The Inc., Rapids. Due Wyckoff, Minn. July 1, 1959. Principal and inter¬ est (J-J) payable at a bank or pav¬ July 8—v. 179, p. 2856— on Walter J. Wade, 1972 inclusive. special assessment bonds of¬ were to bonds 1954. Hazel Park, Mich. ing $75,000 build¬ offered July 14 were bonds The Legality approved by Dorsey, Colman, Barker, Scott & Barber, of Minneapolis. *; v v Sa*e—Tne of Grand 1971. and Bond awarded May 1 from on 1969 incl. 1957 to - (301) O. Offering—Rosalind Kuhl- Secretary of the Board of Education, will receive sealed bids until 8 p.m. (DST) on July 20 for the purchase of $95,000 build¬ ing bonds. Dated" April 1, 1954. Due on April 1 from 1956 to 1964 inclusive. Principal and interest man, Colonie, Schuyler Heights Fire Dist. (P. O. Box 63, Watervliet), N. Y* Bond Offering—Wm. A. O'Neill, District Secretary, will receive sealed bids until 2 p.m. (DST) on July 30 for the purchase of $66,000 fire district bonds. Dated July 20, 1954. Due on July 20 from 1955 to 1974 inclusive. Principal and interest (J-J) payable at the National City Bank of Troy. Le¬ gality approved by Mr. O'Neill. Hempstead Central High Sch. Dist. 1 (P. O. Valley Stream), N. Y. No. Bond Offering — Catherine C. (A-O) payable at the First Na¬ tional Iron Bank, of Morristown. Legality apnroved bv Hawkins, Repp, District Clerk, will recdlve sealed bids until 2:30 p.m.(DST) on July 28 for the) purchase of Delafield & Wood, of N. Y. City. $5,600,000 building bonds. Dated The Commercial and Financial Chronicle Salem, Herron and Jackson Central Sch. Dist. No. 1 (P. O. Salem), Bank & Legality approved by Hawkins, Delafield & Wood, of New York City. Stream National Trust Co., Valley Stream. Valley Hempstead, Uniondale Water Dist. (P. O. Hempstead), N. Y. Offering Bond — payable in New York City. Legal¬ ity approved by Reed, Hoyt, Tay¬ lor & Washburn, of N. Y. City. Offering Donald — Hanks, President of the Board of Education, will receive sealed Clerk, will receive sealed bids until 11 a.m. on July 27 for the purchase of $1,250,000 water bonds. Dated April 1,1954. Due July 1 from 1955 to 1983 'inclusive. Principal and interest (J-J) payable at the office of the Presiding Supervisor. Legality ap¬ (DST) on July 22 for the purchase of $455,000 build¬ ing bonds. Dated May 1, 1954. Due May 1 from 1955 to 1984 in¬ clusive. Principal and interest & (M-N) payable at the Salem Na¬ Bank, of Salem. Legality tional and the of Y. Schenectady City Sch. Dist., N. Winston-Salem, at $19,000 2s. 1957 Offering Bond Clerk, on July 28 of $865,000 chase May 1, 1955 Dated 1 from p.m. for the pur¬ school bonds. 1954. Due on May to 1984 inclusive. of District No. 3 Windsor Water (P. O. Newburgh), York New water $68,000 Sale—The Bond improvement bonds offered July 14—v. 180, p. 202—were awarded to Lebenthal & Co., of New York City, as 2.70s, at a price of 100.28, a basis of about 2.68%. 100.06, a basis of about 0.98%. Note Sale — tion of notes to revenue anticipa¬ 23 banks and trust in effect earlier this year. as follows: City National The $3,872,000: Bank of New York. The Chase National Bank of the City of New York. $1,928,000: Guaranty Trust Com¬ pany of New York. $1,790,000: Manufacturers Trust $3,616,000: Company. $1,326,000: Bankers Trust Co. $1,214,000: Chemical Bank & Trust Company. $1,102,000: The Hanover Bank. $870,000: Irving Trust Company. $858,000: Bank of the Manhat¬ tan Co. Corn Exchange Bank Trust Co. •" $524,000: J. Incorporated. P. Morgan & Co., $490,000: The New York Trust (J-J) payable at the Bank of Sidney. Dec. Y. Skaneateles, N. Offering J. — Mc¬ Ray Laughlin, Village Clerk, will re¬ bids sealed ceive until 3:30 East Bloom- Farmington, field and Perinton Central School District No. 1 (P. O. New fer & Due June from 1 to 1955 1974 inclusive. Bank Prinpipal and in¬ (J-D) payable at the State of Victor. Legality approved by Reed, Hoyt, Taylor & Wash¬ burn, of New York City. Yorktwon, and Castle New Cort- (P. O. Yorktown Heights), N. Y. The First National Bank of the City of New York. $350,000: The Public National Offering City Cain, Bank and Trust Co. v. The $304,000: Marine Midland R. 180, D. City, $300,000: Bank of New York. $118,000: United States Trust Company of New York. $102,000: Empire Trust Co. $92,000: Sterling National Bank and Trust Company. $44,000: Bronx County Co. $40,000: Federation Bank and Trust Company. ' $36,000: Kings County Trust Company, Brooklyn, N. Y. $24,000: The Amalgamated a North Elba, Ray Sale—The July 9 v. 180, p. awarded to about 2.83%. Bond fiouse Sale building bonds offered p. — on The $30,000 fire and equipment July 8—v. 180, 106—were awarded to the Una- 2.40s, at of a about price of 100.43, 2.35%. Cortlandt, (EST) a.m. follows: $55,000 sewer district bonds offered July 14—v. 179, 135 notes. 1954. Due No. Dated Aug. 10, March 1, 1956. Sylvania, Ohio Canceled — $21,516 water line extension bond offering scheduled for July 10 —v. 180, 106—has p. been can¬ Green Local Sch. Dist. (P. O. R. D. 210), Uniontown, Ohio No. 2 Box July 14 proposed sale on July 13 of $628,000 building bonds has been can¬ 180, p. 106. The bonds expected to be reoffered at a to — were & Bosworth Braun, Tole&ofas 2V4s, at Co., Inc., of Bond Hocking Loc&t^$chool District (P. O. Rockridge), Ohio Bond Sale—The $399,000 build¬ West ing bonds offered first mortgage revenue Due 1, 1954. bonds. on 23/4s, at a price of 101.81, arb&sis of about 2.54%. 1, 1964, and thereafter are callable of June 1, 1964. Principal and interest (J-D) payable at the First as National Bank, of Jackson. Legal¬ ity approved by Peck, Shaffer & Williams, of Cincinnati. Sale—The $45,000 street July 14-—v. 179, p. 2858—were awarded to Hayden, Miller & Co., of Cleve¬ land, as IV2S, at a price of 100.02, bonds offered Village Clerk, hart, bids sealed until sanitary June sewage works extension and, improvement Due bonds. 1968 1, 1954. Due on City sealed bids Dist. Independent Sch. (P. O* Alius), Okla. Offering—Preston Hasty, No. 212 of the Board of Education, Clerk sealed receive will bids until (CST) on July 20 for the purchase of $10,000 bonds, as 8 p.m. follows: , repairy.furniture and bonds^.JDue in 1957. transportation 5,500 bonds. Sand June 1 and bonds offered (DST) on from 1956 to 1962 inclusive. from 1956 1954. Due 1959 to purchase bonds. Sept. on of $70,000 Sept. 1, from 1955 Dated inclusive. payable 1 Principal the at and County Pendleton, Ore. Bond Offering 1 Olinto — Ricci, City Recorder, will receive sealed bids until 7:30 p.m. (PST) on July 21 for the Due purchase of $200,000 bonds. Dated July 1, 1954. July 1 from 1955 to 1964 armory on Principal and interest (J-J) payable at the City Treas¬ urer's office. Legality approved by Winfree, McCulloch, Shuler & Sayre, of Portland. Western Dist. Lane County Hospital O. Eugene), Ore. (P. Bond Offering—Sealed bids will received purchase until Aug. 3 for the $200,000 of hospital bonds. ] * Williamette City Water Dist., Ore. Bond sey, Offering District ceive — C. Ray Secretary, Ram¬ will until bids sealed 8 re¬ p.m. inclusive. Bonds due in 1965 and thereafter are JutVTS—v. 180, p. award6qlyp5the SmallCo., of Wichita. ."tESrhu, 106—were Yamhill Dist. son, ' County, Ewing Young Sch. 10 (P. O. McMinnville), Offering District Eldon — Clerk, will Ander¬ receive (PST) on July 26 for the purchase of $38,000 general obligation bonds. Dated Aug. 1, 1954. Due on Feb. 1 from 1955 1964 to and interest inclusive, Principal (F-A) payable at the County Treasurer's office. Legal¬ ity approved by Winfree, McCul¬ loch, Shuler & Sayre, of Portland. Authority, Pennsylvania Note Sale—The $660,000 prelim¬ inary loan notes offered July 13— 180, p. 107—were awarded to v. the Delaware Bank - of County National Chester, at 0.55% inter¬ premium of $11. a County School District No. (P. O. Route 4, Albany), Ore. Bond Sale—The ^$29,000 build¬ 180, 106—were awarded to the First ing bonds offered July 9—v. Bank National 214s, at of July sealed bids until 8 p.m. Erie, Pa. 34 p. as No. est, plus Benton callable 1, 1964. a Portland, of as price of ^100.31, a basis of about 2.19%. -• i' Bond Offering — Eugene D. Graney, City, Clerk, will receive sealed bids until 11 a.m. (DST) on July 27 for the purchase of $1,000,000 improvement bonds. Dated Aug. 1, 1954. 1956 Due Aug. 1 from 1974 incl. to John ily 60,000 municipal building bonds. 1 the to 1975 inclusive. Principal Utility Dis¬ and interest (F-A) payable at the trict (P. O. Newport), Ore. Security-Peoples Trust Company, Bond Sale—The $400,000 elec¬ of Erie. Legality approved by tric revenue bonds offered July Townsend, Elliott & Munson, oi 12—v. 179, 700,000 bonds payable primarily from surplus earnings of the sewage system and secondar¬ inclusive. June for building May and Nov. 1 from 1955 to $10,000 fire equipment bonds. Due 1 20 PENNSYLVANIA Nov. 1 from 1955 to 1974 incl. June Clerk, will receive seal¬ (PST) on July ed bids until 6 p.m. Chester Redevelopment water and^smiitary sewer OREGON Mireceive Offering—Edith Gibbons, Sale—The ^600,000 Bond system will Bond District equipment Springs,, Okla. works noon July on Douglas County School District No. UH-13 (P. O. Reedsport), Ore'. Due in 1957. ,J; »«* until build¬ $14,000 offered 32 Ore. Oregon County Jackson Milburn Auditor, Sale—The bonds Bond Lorain, Ohio Bond Offering — Joseph J. tock, serially-from 1957 to Dated J-D. Bond ing No. Dist. O. Myrtle Point), inclusive. will receive (EST) on Dec. 1 from 1955 to 1979 inclusive. Clerk (C^T) on July 20 purhase q4;.$12,000 water the for bids will Town 7:30 p.m. until noon bonds. County Sch. (P. on July 19 for the purchase $12,000 general obligation bonds. Dated July 1, 1954. Due on idly 1 from 1957 to 1968 Oklathe by received $4,500,000 basis of about 1.49%. Coos water Bond Offering—Sealed be Bond Lakewood, Ohio Bond improvement Principal and in¬ (PST) Arnett, water Bonds due Dec. inclusive. of OKLAHOMA Dated June Dec. 1 from 1956 to 1994 inclusive. CAROLINA ^llly 13—v. 180, Columbus,--as of bids 100,000 works are dated July 1, July 1 from 1955 to on (J-J) payable at the Coun¬ ty Treasurer's office. Legality ap¬ proved by Winfree, McCulloch, Shuler & Sayre, of Portland. awarded to the Ohio 106—were City sealed 1971 be Auditor,' will receive until noon (EST) on July 22 for the purchase of $1,. ian, bonds terest a 2.08%. Co. Jackson, Ohio Offering — Virginia Yer- The 1954. Due of 100.92, a.-basis of about price p. future date. follows: 1971 180^ .fe 106 v. — bonds offered- Bond Offering Withdrawn—The July 20 for the purchase of $l,n 600,000 sewage disposal plant sealed bids at his office in Raleighr bonds, as follows: until 11 a.m. (EST) on July 20 $900,000 bonds payable from un¬ for the purchase of $70,000 bonds, limited taxes. Due May and on furnish¬ Bond Sale—The $35,000 ings and equipment awarded celed. of Port¬ inclusive. Trenton Local Sch. Dist., Ohio The ling, Secretary of the Local Gov¬ ernment Commission, will receive Due inclusive. Interest M-N. Offering National Bank, F. Clayton — Girard, Ohio Interest Elizabethtown, N. C. Offering — W. E. Easter- . Fisher, Village Clerk, will receive' sealed bids until hbon (EST) on- Nov. 1 from 1955 to!959 Bond 9 Treasurer's office. Columbus. i July on 107—were awarded to p. interest Legality approved by Bricker, Marburger, Evatt & Barton, of Lexington, Ohio Bond of July 23 for the purchase of $7,650 street improvement bonds. Dated as of the date of issuance. Due on basis of about 2.54%." on Cleveland, price of 101.25, a basis Co., Offering Bond series Bond Offering—Robert M. Are- ' awarded to were — & l%s, at a as July 27 for the purchase of $35,000 NORTH 2858 p. McDonald of about 1.55%. ing bonds offered July 15—v. 180, p. 202—were awarded to Roose¬ velt & Cross, of New York City, as 2.60s, at a price of 100.72, a ; 1 (P. O. Canton), Ohio Sale—The Bond fixture Oak), N. Y. $165,000 build¬ W. Clyde — (J-D); payable at the and interest 1955. 1, 151,000 180, build¬ $30,000 offered 7 —v. 179, p. 2858—were awarded special assessment bonds. Dated': to Charles N. Tripp Co., of Port¬ Aug. 1, 1954. Due on Dec. 1 from land. 1955 to 1964 inclusive. Principal- series No. 134 notes;. Dated Aug. 1, 1954. Due Feb. a Bond Sale—The n Offering $185,800 Valley, Carmel and Phillipsiown Central School Distrist No. 1 (P. O. Shrub as Oneonta, West Oneonta Fire Dist. (P. O. West Oneonta), N. Y. receive purchase the 12—v. July 23 for the purchase of $198,855.89 paving, sewer and sidewalk Putnam Y. 106 — were George B. Gibbons & Co., Inc., New York City, as 2.90s, at a price of 100.71, a basis of — as Yorktown, Somers, $24,000 water system construction bonds offered 202—were awarded to White & Co., New York p. basis Water District (P. O. Lake Placid), N. Bond for July City Treasurer's office. of $336,800 street improvement notes, 22 July on bonds —v. Brown, City Auditor^ will receive sealed bids until noon (DST) on Stark County will ing Sale—The land. Rocky River, Ohio Agnes Brown Clerk, Oregon Bond water $30,000 offered bonds Bond Bond Sale—The Trust Company of New York. Bank of New York. — sealed bids until 11:30 $125,000 school building bonds offered July 14— $474,000: Merchants at the Williams, of Cincinnati. Note are York ler, President of the Board of Education, will receive sealed bids until 2 p.m. (DST) on July 21 for the purchase of $525,000 building bonds. Dated June 1, 1954. interest and Legality approved by Peck, Shaf¬ as Sale—The 180, p. 106 — were awarded to Hayden, Miller & Co., of Cleve¬ land, as 2%s, at a price of 100.11, a basis of about 2.72%. celed—v. Victor), Offering—W. Ogden Mil¬ Bond in¬ 1977 to 1955 Principal payable (J-D) on Victor, from 1 p.m. July 22 for the purchase of $112,000 street improvement bonds. Dated Aug. 1, 1954. Due on Aug. 1 from 1955 to 1964 inclu¬ sive. Principal and interest (F-A) payable at the National Bank & Trust Co., Skaneateles. Legality approved by Hawkins, Delafield & Wood, of New York City. (DST) the 24 for and Farmers Bank of Owensville. of New York City. landt Central School District No. 2 Co. ' from 15 Legality approved by Vandewater, Sykes, Heckler & Gallo¬ Bond Local Sch. July June 1 from on inclusive. 1975 to the First Middleburg Heights, Ohio Bond purchase of $272,000 school build¬ ing bonds. Dated June 1, 1954. Due on 300,000 23/4s. Due Ohio inclusive. on 1968 inclusive. to 50,000 2.60s. Due Jan. 1, 1969. reports building bonds tion, will receive sealed bids until National First terest $526,000: Jan. on inclusive.- Principal 1970 to and interest City Comptroller awarded allotment is Due 1954. 1956 fol¬ as Offering—Rosemary Loh- (EST) Jan. 1 from. on (P. O. Route 1, Box 207, Mulino), Batavia), Ohio O. 1959 cation, 1968 inclusive. (P. follows: $50,000 2V2s. Due that the $32,000 will be sold on Aug. 2, not July 26 as originally planned.—v. 180, p. 203. June 1 from on 1961 net interest cost as Clackamas County Sch. Dist. No. 32 Columbus, Ohio July 28 for the purchase of $260,000 building bonds. Dated July 15, of a 2.83%, Bond Offering Postponed—H. S. Clerk of the Board of Educa¬ rer, noon I. Benjamin — par, Clermont-Northeastern N. Y. companies. The notes are dated July 13, 1954 and will mature Sept. 30, 1954. The interest rate of 1 Vs % represents a reduction of one-quarter of 1% from the rate The (P. O. Ellis, District Clerk, will receive sealed bids until 2 p.m. (DST) on Lawrence E. Gerosa has $20,000,000 Offering * Dempsey, Massillcn City School District, main Sidney), N. Y. way, New York City, 1 School District No. Bond & Sanders Squire, price of 98.07, of about Zepp, Clerk of the Board of Edu¬ OHIO clusive. Masonville Unadilla (Otsego County), and Guilford (Chenango County) Central Sidney, Franklin and (Delaware County), payable at the Bank of Babylon. Legality approved by Vandewater, Sykes, Heckler & Gallo¬ way, of New York City. New Windsor, New p. Due to 1962 to Bond 202—were awarded to a group composed of the National City Bank of New York, Northern Trust Co., Chicago, and the Sche¬ nectady Trust Co., as Is, at a price (M-N) interest and Principal I will until 2 Schneider, District receive sealed bids (DST) Ev'elyn — office. 23,000 2V4S. Due on June 1 from Dist. 180, at the City Treasurer's Legality approved by payable a Co., & Trust Bank lows: Sale— The $1,900,000 v. 1, to awarded 202—were p. Wachovia building bonds offered July 15— Islip Union Free Sch. Dist. No 9 (P. O. Babylon), N. Y. $42,000 water bonds offered July 13— sewer 180, v. by Reed, Hoyt, Taylor Washburn, of New York City. Bond Aug. 1970 Sale—The Bond approved & dated are Forest, N. C. D. bids until 2 p.m. Bennett, Town bonds Principal and interest (M-N) 1954. Cleveland. Wake Bond ^he 1, June dated are York New Nathan L. H. proved by Hawkins, Delafield Wood, of New York City. bonds Principal and interest (J-D) 1954. at a price of par. 2.60s, as inclusive. Principal and interest (F-A) payable at the The of Unadilla, dillar National Bank, Due on Feb. 1 from Aug. 1, 1954. 1956 to 1984 ■ Monday, July 19, 1954 ... (302) 58 to 1 from limited taxes. Due Central Lincoln People's p(. 2651—were awarded Nuveeri & Co., Chicago, at Philadelphia. Number 5343 Volume 180 The Commercial and Financial Chronicle ... The General State Authority of the Pennsylvania (P. O. -Harrisburg), Pa. ■Commonwealth v • purchase of $3,525,000 school rev¬ enue bonds, as follows: of $2,225,000 bonds. ' BondSale The from $30,000,000 FJ:th Series bonds offered July 15 —v. 180, p. 107—were awarded to a syndicate headed by Halsey, Stuart & Co., New York City, at a price of 98.518, a net interest cost of about 2.24%, as follows: $1,990,000 1959 and 1961 : The July 15, Lehman i and Revenues Higher—Revenues of the Puerto Rico totaled $51.9,111 Aqueduct Authority $373,869 a year in compared earlier, a itary sewerage system treatment plant with gain of $145,242. During the month sewage and May,' 1954, a san¬ and a were for the town sufficient to of re¬ quirements of its 4,000 inhabitants with to enough additional The Bank capacity agent Sewer for Puerto the received Finance July 1970. Government for Pawtucket, R. I. Offering—Sealed bids will Note be provide for estimated require¬ ments to the year 21 for Director (DST) p.m. the notes. purchase Dated July and approved Authority. by Storey, visors, July 15, on •' receive sealed bids (DST) on July 26 for purchase obligation 1954. on ^yill until 8 p.m. July 15, 1968 to of $15,000 bonds. Due general Dated Sept. on Sept. 1, from 1955 1 1964 inclusive. 1969/, Lower Bucks County Sch. Authority (P. O. Langhorne), Pa. ■ * • 3,615,000 from 2.10s. 1970 3,855,000 from Due 2y4S. Due 1973 from 1976 Due July Bond 15 July 13—v. 180, a The — revenue to 15 204—were awarded p. headed group $1,640,000 bonds offered July by Goldman, Sachs & Co., New York City, at a inclusive. price of 98.001, • Other members of the syndi¬ Kuhn, Loeb & Co.; C. J. Devine & Co.; Goldman, Sachs & Co.; Glore, Forgan & Co.; Blair, Rollins & Co., Incorporated; Mer¬ rill Lynch, Pierce, Fenner & Beane; Stone & Webster Securi¬ ties Corporation; Salomon Bros. 6 Hutzler; R. W. Pressprich & Co.; Bear, Stearns & Co.; Paine, Webber, Jackson & Curtis; Hayden, Stone & Co.; L. F. Rothschild & Co.; Dominick & Dominick; Hornblower & Weeks; R. S.'Dick¬ son & Company, Incorporated; Ira Haupt & Co.; Adams, McEntee & Co., Inc.; Allen & Company; Bache & Co.; Boland, Saffin & Co.; Braun, Bosworth & Co., In¬ corporated; about of cate: net interest cost a 2.73%, follows: as $760,000 school bonds: $90,000 2s, due on Aug. 1 from 1955 to 1959 inclusive; $80,000 l3As, due on Aug. 1 from 1960 to 1962 incl.; $90,000 2s, due on Aug. 1 from 1963 to 1965 in¬ clusive; $90,000 2V4S, due on Aug. 1 from 1966 to 1968 in¬ Lost clusive; $90,000 23/8s, due on Aug. 1 from 1969 to 1971 in¬ clusive; $160,000 2Y2S, due on Aug. 1 from 1972 to 1975 in¬ Needlessly? Although clusive; and $160,000 2%s, due on Aug. 1 from 1976 to 1979 cured of than 70,000 Americans more last year, cancer were the tragic truth is inclusive. 880,000 school bonds Aug. 1, 1994. Other members that at least 70,000 others—who 2%s. Due as Republic Company; Merle-Smith; Francis I. d'uPont & Co.; A. Webster Doug¬ herty & Co.; Geo. B. Gibbons & Co., Inc.; Gregory & Son, Inc.; Hirsch & Co.; Kean, Taylor & Co.;; Mackey, Dunn & Co., Inc.; W. H. Morton & Co., Inc.; R. H. Moulton & Co.; John Nuveen & Co.; Wm. E. Pollock & Co., Inc.; Thomas & Co.; Chas. E. Weigold & Co., Inc.; & Oakmont the of group: School District, c mother? cers had can¬ spread and "colonized" in other parts of their bodies before proper treatment could be started. That's most why we early keep reminding you that, since be cured, your best thorough health check-up every cancers can "insurance" is: Pa. first: Bond might have been saved—lost their lives because their Yarnall, Biddle & Co., W. H. Newbold's Son & Co., Wurts, Dulles & Co., all of Philadelphia, A. E. Masten & Co., of Pittsburgh, Jan¬ ney & Co., of Philadelphia, Thom¬ as & Co., of Pittsburgh, Schaffer, Necker & Co., E. W. Clarke & Co., and Boenning & Co., all of Phila¬ delphia. Central Dick Sale school inclusive. on 1981 to 15 inclusive. on 1975 to 8,545,000 2.40s. . 1972 to July on To have a Sale—The $180,000 build¬ . ing Heller, Bruce & Co.; Weeden & Co., Inc.; The Williams & strange & Ohio Co.; Co.; fered & Co.; J. C. Bradford & Co.; Fahnestock & vis & Crouter 28—v. & Elyshurg), Pa. Bodine; Fauset, Steele Sale Bond bonds provement were drix & Shamokin, at Mayes, Inc.; Janney & Co.; awarded Bond Robinson Humphrey - Inc.; Schwabacher & Co.; & Co.;' Swiss Ball, Burge Craigie & Ryan, Corbett & Sutherland Bond W. & Horner & Co.; Inc.; 000 Co.; & Co.; Arthur S. 8 receive p.m. (DST) sealed on (DST) a.m.- judgment wart or difficulty in swallow¬ ing (6) Persistent hoarseness or cough (7) Any For more lifesaving facts about the American Cancer you, or address of your your cancer, Society office phone nearest letter to "Cancer"—in local Post Office. on 'f V'4- funding inclu¬ 1 from at Legality approved by Town- the 1955 to and 1971 interest pay¬ City Treasurer's of¬ delphia. a neighbor f American Cancer Society ¥ Springfield Township (P. O. Springfield), Pa. Bond man, Offering—Harry A. Born- Secretary of the Herbert ceive (DST) until of 1 sealed on Board until 8 of re¬ p.m. July 21 for the purchase $400,000 bonds. bids or mole (5) Aug. 1, 1954. Due on Township Commissioners, will bids 11 Principal L. July 22 for the or a send, Elliott & Munson, of Phila¬ Lyons, Secretary of the Authority, will indigestion that Beck, fice. Pennsylvania — C. able Twp. School District Authority (P. O. Havertown), Offering Persistent sore thickening, in the Unusual bleeding (3) discharge (4) Any change in care sive. Haverford Bond or may doctor at the of them—(1) Any (2) A lump elsewhere your gen¬ Aug. Stockton Co.; and Wright & Co., Inc. and Scott, White-Phillips & danger signals that straight to obligation ;.improves bonds. Dated Co.; Kay, Richards & Magnus Broome until general ment Inc.; Co.; Dolphin & Co.; Bioren & Co.; Harrison & $100,000 July 21 for the purchase of $253*- Inc.; Ross, Borton & The any one a change in normal bowel habits. Offering—Geo. bids ed Co.; Mason, Inc.; Stranahan, Harris & Co. Simon, Pickard, & Sale—The or go feel (twice City Controller, will receive seal¬ Co., Inc.; The Illinois Company; Burns, price of 100.07. a Scranton, Pa. Faheyj. Clark & Co.; Malvern Hill & friend? of July 12—v. 180, p. 204—were awarded to the Elk County National Bank of Ridgway, as 2s, at par. - Corp.; Einhorn a Guarantee Co., Kraus; 1F. Co.; 9 eral obligation bonds offered Stokes American & breast im¬ July Co., and does not heal Ridgway, Pa. & To learn the 7 cancer, you may 35) women over second: I C: Legg & Co.; The Mil¬ for mean • Co.; Muilaney,- Wells the Deposit ' Co.; Rambo, Close & Kerner, Inc.; The year 1 $42,000 offered to Safe & Jenks, Kirkland & Grubbs; Kais¬ Co.; The — Trust waukee p. to first sign of phrey, Inc.; M. M. Freeman & Co., & 179, matter how well year no Ralpho Twp. Sch. vist. (P. O. Inc.; Hannahs, Ballin & Lee; Hen- er of¬ Co.; Shelby Cullom Da¬ Co.; Hulme, Applegate & Hum¬ ; * John bonds 1.98%. Co.; DeHaven & Townsend, & June awarded were Le- Blair improvement 2756— Chaplin & Co., and McJunkin, Patton & Co., both of Pittsburgh, jointly, as 2s, at a price of 100.19, a basis of about Baxter, Arthurs, Co.; William and general obligation of 23, Thorndike, Palmer & Dodge, of Boston. . Pennsylvania of on and fiscal Aqueduct the 5 1954. Due June 24, 1955. Principal interest payable at the First National Bank of Boston. Legality Development is by until $1,000,000 Rico 59 RHODE ISLAND Vega the meet Offering—Alan S. Major, Secretary of the Township Super¬ 1967. 2,335,000 2s. Due completed Alta, Township (P. O. Luzerne), 1 1965. 1966 and RICO (Commonwealth of) Bond 1.90s. Due 2,270,000 1, 15, the 5 Aug. July . ; 1,070,000 1.60s. Due July 15, 1963. l3As. Due on July 15, - dated are by Morgan, Lewis & Brockius, of Philadelphia.' / 1962. and bonds on Due (303) Sewer July 15, ,2,190,000 1964 Nov. 1, on 1954. Principal and interest(M-N) 1960. and Due • ■ PUERTO incl. 1989. ■ Puerto Rico 1 Nov. on 1979 payable at the Pennsylvania Com¬ pany for Banking and Trusts, of Philadelphia. Legality approved on Due 1 %s. 2,095,000 Due to 1,300,000 bonds. 1958. IV4S. 2,035,000 1956 on 1.10s. Due 1957 and • — - Financial Chronicle...Monday, July 19, 1954 The Commercial and €9 (304) Thurston VERMONT Rogersville, Tenn. CAROLINA SOUTH Orfordville, Wis. North Thurston O. Olympia), Wash. County, School District No. 3 (P. O. Onsgard, Offering—S. Bond Vermont (State of) C. Village Clerk, will receive sealed Johnson will receive sealed bids bids until 7 p.m. (CST) on July 30 Bond Offering—George H. AmiBond Offering—Martin J. GruDarlington), S. C. V until 2 p.m. (EST) on Aug. 2 for don, State Treasurer, will receive for the purchase of $10,000 mu¬ ber, County Treasurer, will re¬ Bond Sale—An issue of $230,the purchase of $80,000 school sealed bids until 11 a.m. (DST) on ceive sealed bids until 10 a.m. nicipal park bonds. Dated July 1, ©00 general obligation bonds were bonds. Dated June 1, 1954; Due July 20 for the purchase of $3,1954. Due on July 1 from 1955 to (PST) on July 30 for the pur¬ recently sold to a group headed On June 1 from 1955 to 1969 in¬ 000,000 school building bonds. chase of $315,000 building bonds. 1974 inclusive. Principal and in¬ Principal and interest Dated Sept. 1, 1954. Due on Sept. Dated Sept. 1, 1954. Due from terest (J-J) payable at the Farm¬ by Johnson, Lane, Space & Co., of clusive. Savannah, as follows: (J-D) payable at the Citizens- 1 from 1955 to 1974 inclusive. 1956 to 1974 inclusive. The bonds ers & Merchants Bank, OrfordsUnion Bank of Rogersville, Inc., Principal and interest payable at are callable after five years from ville. Legality approved by Chap¬ $30,000 3%s. Due on June 1 from 1956 to 1957 incl. Rogersville. Legality approved by the National Shawmut Bank of date of issue. Principal and in¬ man & Cutler, of Chicago. Boston. Legality approved" by terest (M-S) payable at the Coun¬ 75,000 -l%s. Due on June 1 from Chapman & Cutler, of Chicago. 1958 to 1962 incl. Storey, Thorndike, Palmer & ty Treasurer's office. South Pittsburg, Tenn* Dodge, of Boston. 45,000 2s. Due on June 1 from Whitman County, St. John's School Correct Sale Date—The $328,incl. Offering Bond — Mayor C. (P. O. Darlington County v * CANADA 1963 to 1965 ■; from Due on June 1 45,000 2.20s. due thereafter are District No. 21 interest pay¬ 1,1964. Principal and and Southern National Bank, of Augusta. Le¬ gality approved by Sinkler, Gibbs JL Simons, of Charleston. Texas able at the Citizens ^ County, Union school house bonds was pler, Guerin & Turner, of Dallas, as IV2S and 2s. Dated July 15, 1954. Due on July 15 from 1955 to 1964 inclusive. The bonds are July 28 for the Offering Bond Wallace A. —- Caper, Chairman of the Board of County Supervisors, will receive sealed bids until 2 p.m. (DST) on Gran Mrs. — the Board of Education, will receive sealed bids on July 23 for the purchase of $330,000 building bonds. purchase of $10,- Whitman County, St. John Consoli¬ No. 303 dated School District Offering issue of An to syndicate a by the Dominion Securi¬ of Toronto. Dated July ties Corp., 15, 1954. Due July 15, 1972. Call¬ as of July 15, 1967. Principal able Pamilla R. — sold was headed (J-J) payable in law¬ and interest will Treasurer, County Hughes, tures — refunding deben¬ $9,200,000 Wash. (P. O. Colfax), Bond Sale Debenture I (Province of) New Brunswick Nickerson, Clerk of 000.000 sewer bonds. Dated July 1, 1954. Due on July 1 from 1958 to 1989 inclusive. Bonds due in 1964 and thereafter are callable of Canada, in Halifax, Charlottetown, Saint John, Monc- ful money Bond Sale—The 2859—were awarded Beissner & Co., of Houston, at 100.02, a net interest cost of about 2.79%, as follows: 30—v. 179, p. $29,000 general obligation building bonds offered July 12 were awarded to the Bank of Union County, of Elk Point. to Moroney, Union (P. O. Alcester), Bond ing bonds offered S. Dak. $35,000 build¬ Sale—The July 5—v. 180, and Antonio, Co., both of San as of 100.28. $30,000 3!4s. follows: TENNESSEE 45,000 Due on July 1 from 3s. The bonds are dated July 1, elec¬ bonds offered 1954 and become optional on July on July 8—v. 179, p. 2859—were 1, 1974. Interest J-J. Legality ap¬ awarded to the Equitable Securi¬ proved by Vinson, Elkins, Weems ties Corporation, of Nashville, at & Searls, of Houston. a price of 100.08, a net interest Texas (State of) cost of about 1.81%, as follows: Sale—The $100,000 Bond tric system revenue Bonds Offered for Due on Jan. 1 from $80,000 l%s. 1963 incl. 1956 to :20,000 Due on Jan. 2s. 1 from Assistant 1964 to 1965 incl. $200,000 school offered July 13—v. 179, p. H. Co., of Knoxville, at a & price of C. to awarded 2858—were par, as follows: €2,000 3s. 1964 Due €2,000 3y4s. 1970 on July 1 from (EDST) on July 20 a.m. the for purchase are on in June 1 from inclusive. Bonds due thereafter and 1975 dated Aug. are call¬ bonds a any — The $2,650,000 interest payment date option of the Land Board at C. both Inc., Hagan, of Richmond, as District cents per District No. third quarter of the calendar year after five years J-D. Interest close of business the Thorgrimson & Horo¬ sold to Wash. as of Feb. 1, 1957. Interest ton, Thorgrimson & Horowitz, of Seattle. Sch. Dist. No. 416 Sale—The $315,000 Bond bonds offered are build¬ July 14 were Washing¬ Due 1974 Corporation South Flower Street, Los Angeles Aug. on issue. 10 years from date Principal and interest (F-A) payable at the office of the Legality ap¬ proved by Preston, Thorgrimson County Treasurer. & Horowitz, of Seattle. 2a/2s, at a price Bay Metropolitan Sewerage (P. O. Box 247, Green District Sale — $700,000 sec¬ The treatment bonds 179, p. 2860— ondary sewerage offered July 15—v. were the Northern Becker & Co., of Chicago, jointly, as l3/4s, awarded to Trust Co., and A. G. both a of price 100.27, a Co., and McNeil, Mantha, Inc., all of Montreal, at a price of 98.50* a net interest cost of about 4.07%* follows: as Bond until for the — will Arthur Post, receive sealed (CST) on Aug. purchase of $1,250,000 3 p.m. electric bonds. 1954. Due on July 1 geenral obligation Dated July 1, from 1955 to 1974 cipal at the gally inclusive. Prin¬ and interest (J-J) payable office. Le¬ City Treasurer's approved by Chapman & Cutler, of Chicago. I on March 1964 incl. Due 1955 from to 212,000 4s. Due on March 1 from 1974 to 1965 incl. . * "* Rimouski,. Que. Bond Sale—An issue of bonds was $49,000 sold to Clement, Guimont, Inc., of Que¬ bec, as 3s, at a price of 93.20, a basis of about 3.94%. Dated July* Due 1, 1954. to on July 1 from 1955 Interest J-J. 1969 inclusive. School Board* Ste. Foy Prostestant Quebec Sale—An issue of Bond Offering Clerk, 3y2s. $101,500 school bonds Wis. Manitoba, $313,500 water bonds were sold to a composed of the Banque Canadienne Nationale, Casgrain & basis of about 1.73%. City sewage group improvement Bay), Wis. Green Bond 1, inclusive. of 17, California dated Aug. 1 from 1956 to The bonds are 1954. QUEBEC Hull, Quebec 100.07. 16 bonds July 12—v. 179, 2860—were awarded to Mullaney, Wells & Co., and Channer Securities Co., both of Chicago, bids callable after ing bonds offered p. (P. O. Tacoma), Wash. ing $125,000 build¬ Bond Sale—The at Pierce County The RICHFIELD (Village), Barton and Tren¬ (Towns) Joint School District 1 (P.O. Barton), Wis. No. bonds Wm. P. Harper & Son ton. Oil ton revenue Legality approved by Pres¬ F-A. of Halifax. and Barton of Cleve B. Bonner, Secretary Executive Offices: 555 WISCONSIN jointly, as 2y4s and sewer Co., of Halifax, W. C. Pitfield Co., of Montreal, Eqiutable Se¬ of Canada, Ltd., of To¬ ronto, and J. C. Mackintosh & Co.* Bond Sale—The from date of issue. Legality approved awarded to the State of August 13, 1954. & general issue of $16,778 Sale-—An issue of $65,000 and & Co., of St. Johns, Burns Bros. Denton, of Toronto, Standburjr & Treasurer's office. 1, 1954. Due on June 1 from to 1969 inclusive. Callable 1954, payable September 15, 1954, to stockholders of record at & curities general obligation building bonds was sold to the First National Bank of Port Angeles, as 3s. Dated June Richardson Sons, of Winnipeg, F. J. Brennan Angeles), Wash. Bond Sale—An of Montreal* Co., Ltd., of St. & (P. O. Port 29 Co., James Toronto, Cole, 000 Co., of Seattle, as 3%s. Dated Feb. 1, 1954. Due on Feb. 1 from 1981 to 1983 inclusive. Bonds are share on stock of this Corporation for the S. purchase of $125,obligation building 1,350,000 2V4s. Due on Jan. 1 bonds. Dated Sept. 1, 1954. Due on from 1971 to 1980 inclusive. Sept. 1 from 1956 to 1974 inclu¬ sive. Callable after 5 years from WASHINGTON date of issue. Principal and inter¬ Clallan County, Dungeness School est. (M-S) payable at the County callable 75 C. — Aug. 5 for the 1956 to 1970 inclusive. & Johns, Cochran, Murray & Co., of County Treasurer, will receive sealed bids until 10 a.m. (PST) on & regular quarterly dividend of Offering Bond $1,300,000 2s. Due on Jan. 1 from was 1954, declared a Co.* Ames & E. Eastern Securities Washington follows: water held July 9, White Swan School No. 88 (P. O. Yakima), Yakima County, ville, and Young, Moore & Co., of Charleston, at a price of 100.11, a net interest cost of about 2.16%, Bond The Board of Directors, at a meeting Montreal, A. Beaubien office. of Charlottes¬ Bank, both tional Grandview, dividend notice of 1974 in¬ Ltd., McLeod, Young, Weir & Co.* callable both of Toronto, Greenshields & after five years from date of issue. Co., of Montreal, Wood, Gundy & Principal and interest (M-S) pay¬ Co., Mills, Spence & Co., Gairdable at the County Treasurer's ner & Co., all of Toronto, L. G. Cassell & Co., Peoples Na¬ F. NOTICE! RICHFIELD of Co., & Gouinlock Bell, Toronto, Nesbitt, Thomson & Co.* clusive. witz, of Seattle. DIVIDEND cate: Sept. 1 from 1956 to The bonds are on by Preston, price of 101. building 1954. Due 1, Province. the of tle, Judson & Harvey, of Toronto. Other members of the syndi¬ purchase of $360,Sept. Dated bonds. the Consolidated on Fund Legality approved by Daly, This¬ (PST) on obligation general 000 interest, receive will Treasurer, Aug. 4 for the 15—v. July offered p. 1956 on at the direct and gen¬ Cole, S. C. — and Revenue sealed bids until 10 a.m. group $2,600,000 of 1.70% Veterans Land bonds, series able Due on July 1 from 1974 to 11 St., 5, N. Y., York 1973 to 1985 inclusive. inclusive. 1969 to until New 1408, from 1,1950 and mature inclusive. 1963 to Room 1950-A. The bonds $76,000 2V2s. Due on July 1 1955 Sav¬ ings Bank Trust Co., 14 Wall Bond Sale—The little Aufderhar, Vice-President, will be received at the office of the Harriman, Tenn. bonds Sale—Sealed bids addressed to C. F. Offering Bond & 1981 to 1984 inclusive. Fayetteville, Tenn. In the opinion of counsel, debentures will be legal, obligations of the Province, and will be chargeable, principal Washington 108—were awarded to a composed of Phelps, Fenn Co., R. W. Pressprich & Co., both of New York City, Scott, Horner & Mason, of Lynchburg, F. W. Craigie & Co., Mason- 180, Due on July 1 from 1978 to 1980 inclusive. these Dist. No. 208 (P. incl. Due on July 1 from Sale Bond West Valley Sch. O. Yakima), Yakima County, Due on July 1 from 1958 County water poses. other pur¬ issued for valid and binding at par. Winchester, Va. Co., & Pierce Rauscher, Russ & jointly, 2860—were awarded to the State of Washington, as 2.35s, 1959 to 1974 incl. bonds was sold 107—were awarded to the Al¬ cester State Bank, as 2s, at a price p. to 510,000 2y8s. works tax to Commission and 3% in respect of debentures p. as Electric Power Provincial the of eral 1955 issue of $75,000 water debentures issued for the purposes; follows: 1984. Bond Sale—An July 8—v. 179, ing bonds offered in¬ ly, at a price of 100.37, a net terest cost of about 2.13%, Columbus, Texas No. 78 County Sch. Dist. of Lynchburg, and Anderson Strudwick, of Richmond, joint¬ & of the Province in respect of year Sch. Dist. No. 108 (P. O. Yakima), Wash. Bond Sale—The $60,000 build¬ County, Harrah Yakima son, $140,000 3s. Due on Feb. 1, 10,000 2s. Blair, of Spokane. gen¬ eral 1983 incl. 1968 to & gality approved by Danforth Danforth, of Sioux Falls. . Due on Feb. 1 from 125,000 2%s. $650,000 improvement bonds offered July 8—v. 179, p. 2859—were awarded to Scott, Horner & Ma¬ incl. 1955 to 1967 Sale—The Bond Due on Feb. 1 from $65,000 314s. July 1, 1954. Due on July from 1955 to 1969 inclusive. Le¬ Dated 1 interest $200,000 sani¬ offered on June tary sewer bonds O. No. 1 (P. Elk Point), S. Dak. 1, 1963. Principal of July as Sale—The Bond Jefferson Indep. District School C $90,000 sold to Ep- Sale—An issue of Bond Fairfax), i BRUNSWICK and receive sealed bids until 2 p.m. ton, Fredericton, Montreal, Toron¬ (J-J) payable at the First (PST) on July 23 for the purchase to, Winnipeg, Regina, Calgary or Vancouver, at the option of the and Merchants National Bank of of Mcintosh, South Dakota $330,00 general obligation holder. The authorizing order will callable as of July 15, 1959. Prin¬ Richmond, or at the Chase Na¬ bonds. Dated Aug. 1, 1954. Due Bond Sale —The $18,000 Main provide for an annual sinking cipal and interest (J-J) payable tional Bank of New York City. serially in 23 years, and callable fund Street improvement bonds of¬ at the during the life of these de¬ Royal National Bank, or at Legality approved by Hawkins, after 8 years from date of issue. fered on July 6—v. 180, p. 107— bentures equal to 2% of the prin¬ the East Texas National Bank, Delafield & Wood, of New York Principal and interest payable at were awarded to the Morristown cipal amount thereof from time to both of Palestine. City. the County Treasurer's office. Le¬ State Bank, of Morristown, as 4s, time outstanding at the com¬ Bellaire, Texas gality approved by Burcham & mencement of the current fiscal at a price of par. Warwick, Va. SOUTH DAKOTA / School (P. O. Palestine), County Common Anderson Washington Virginia Offering (P. O. Colfax), District No. 303 O. (P. County Fairfax Bond TEXAS are Bonds VIRGINIA 180, p. 107. v. dated June 1, in 1965 and callable as of June bonds The 1954. previously reported.— July 15 as June 1,1969 1970. and revehue July 19, not sewer bonds will be sold on 1966 to 1968 incl. 35/300 2.40s. Due on and water 000 NEW Montreal, Dawson, and $94,000 sold to Bank of was Hanna- ford, Ltd., both of Montreal, joint¬ ly, at price of 96.25, a est cost of about a net inter¬ 4.005%, as fol¬ lows: $56,500 3s. 1955 to Due The 1954. to June 1 from incl. Due on June 1 from 37,500 3Y2s. 1960 on 1959 1974 bonds are incl. dated Interest J-D. June 1* . »