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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&ltuWhitman 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%
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—-

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

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!- 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

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200

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Jan

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Jan

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Jan

30%

30%
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OH

360

267

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60c

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300

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203

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55%

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70

349

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440

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—

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%

—

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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*
.

»