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Oh M'CHIGAN MONDAY JUH ISSUE 22 J967 the Commercial"^ Beg, U. 8. Pat. Office Volume 186 Number 5657 New York 7, N. General RAILROAD ACF Industries, According American to S. M.. Felt on, duced of 1957, added He forward the A. S. C. The SEC July No and for the cars Foundry first 3,533 a "with year."—V. substantial of in the high 166, covering 15, 1977 July on filed 8 of A backlog of orders letter a of Corp. Shows — New notification for with V, New York the chis corporation performs at a conference press held Ross D. Siragusa, President,,, said the company's Chicago research laboratories the "This is the first time control turn can radios or Mr. said transistors, frequency sound microphone that the batteries, ' the on FM activated The exclusive the remote lights, volume and receiver and. fed dif¬ changer, the not pushing remote a control is included as require high Securities hand > , 1 offered 600,000 shares cents) at 50 cents per share of as Denver, Foreign (par speculation. EFFECT TO PRESENT On stock Jan. Certificate preferred, 10c shares of of of new each share, and The All sold common par and Regulation were no A 30,700 par stock, par shares par share stock of value 10c the old of per preferred, Pursuant to par value, $1 said offering there of preferred stock at $1 per share and 7,675 shares of no par common stock at 50 cents per share. Of these, 11,300 shares of preferred and 2,825 shares of common were issued for notes, and 19»400 shares of preferred and 4.850 shares of common were issued for cash. common new All stock outstanding shares of such stock have been converted to (par 10 cents>. The shares now offered constitute a offering. on company Dec. 5, was organized under the laws of the State 1952. From that date, the company has been engaged primarily In the manufacturing and marketing of certain devices which are used in the of weeds through heat. " control Tiie postal address of the company is P. O. Box 581, La Junta. Colo. The company's and (2) flame 35 foremost products are (1) non-selective weed burners, cultivators, which are selective weed control devices. 13 These and devices burned from the trolled of by decisions on on regularly in aid our to is liquid petroleum Monthly that Weis and to duration the of as a fuel which chamber. TORONTO, CANADA be offered sales. to the the notification Issuer the of to have interests and sold filed may and been of to have Securities X. * Weis stock¬ ineurred in Act > • by Al-Kem, to sell of approximately the last 107,700 amendment shares to the \\ the con¬ ; >. Commission's of issuer's- stock prior notification. Dye Corp.—Makes New Records— 1957—3 Mos.—1956 $ 183,629,116 175,641,762 21,480,101 The to be is vaporized flame 22,490,045 and oper. income taxes scorched weed, dehydrated, or The heat but only which need such as causes it to 1956, the United in the manufacture became company States which (with states the the a non-exclusive licensee for exception of Arizona, California and granted is exclusive) for the license and sale of the flame cultivation equipment. Such is by a basic method and process patent No. 2,327,204. which is Aug. 17, 1953. The license provides that the company shall payas a royalty on such equipment manufactured and sold, royalties of 4r/o of the published or suggested retail price as an apparatus patent royalty and $5 for each pair of burners as a process patent royalty, provided the total royalty shall not be less than 8f/« of the said This 9,708,805 16,878,068 20,165,000 12,781,240 22,087,598 25,519,092 *9,912,363 $1.22 *$1.29 N. Y., of the basis is The above license is non-cancellable by licensor company its products are manufactured. The plant is housed in two buildings leased from the City of La Junta on a yearly basis with renewal rights. The lease is subject to concellation In the event the United States shall at any time exercise its option to re-take possession of the premises.—V. 185, holders of for Reduction par $8 This corporation's Co., Inc.—Starts broke ground plant will —V. for have butynol Construction 185, to p. division Co. of Two on new annual and will Chemical be completed produce their early respective in 1958 and products on will a be the first commercial in basis. 2909. Inc., of & a Maintenance jet it was The will announced contract require a on has a July 19. Mutual aircraft Defense Co. — Govern¬ for Aid delivery Pact to contract friendly to allies, - monetary value of approximately $1,200,000 and moderate increase in employment at the company's stock. $800,586. 185, In notes The exchange consolidate or the common January, offer is being made pur¬ Allied-Albany whereby Allied Allied-Albany or to offer the right to exchange their shares and with 1957, Allied issued of this company not River Rocky near announced Wenatchee expansion Alcoa's power for Allied's Expansion, Etc.— Dam, now Wash. under construction on the . simultaneously that the resultant firming up of Its requirements Project that certain limits. final would be accompanied plant agreement to pay provision in Reach Wenatchee, of its smelting Rocky Reach a necessary on July 11 agreed to a contract with Chelan County District No. 1 to purchase 23^ of the power generated P.U.D.'s the on its company Alcoa the of 2093. Utility exceed shares payable of Allied-Albany in the principal amount assets Aluminum Co. of America—Further by 16,129 sold simultaneously with the acquisition of such stock.— were p. over a costs, Altogether, the the neighborhood of by a $lO-millton that location by mid-1961. of all costs of building and operating 50-year contract period Is contingent including financing expenses, do not at 23 F> power development Is expected to $250 million. return, Alcoa is to receive 23<7 of the Rocky Reach power output, including firm, interruptible and dump power. The Rocky Reach Project will have seven generators, with a total rating of 710,000 kw. The first generator is scheduled to go into operation July 15, 1961. Alcoa's proposed new potline, of approxi¬ mately the same size as four now in operation, will be built starting in 1960, and be ready to receive power when Rocky Reach starts up. Alcoa's share of Rocky Reach power would be approximately 165,000 kw., broken down into 78,000 kw. of firm power, 22,000 kw. of highnominal company has received, overhaul a number of F-80 merge (65.9^ of the outstanding shares) of A.P.W. Products, Allied-Albany Paper Corp. Allied also purchased for cash in now purposes V. The paper. agreement between Allied to transaction this In Aircraft Engineering: share of Allied stock for each share one stock common cost ment Contract— on stock (presently represented by 40,322 shares of the common) in exchange for 177,420 shares of the outstanding Columbia Reduction July 12 chemical plants at Calvert City, Ky. One production capacity of 3,000.000 pounds of methyl pentynol; the other plant will have an capacity of 2,000,000 pounds of vinyl stearate. two an production plants Air " SEC common par Public New Chemical Plants—1 the was Allied-Albany Allied This Air of 5/22 of rotogravure an agreed $20 1381. p. with principally in the manufacture of coated and specialty papers and Allied-Albany, Its subsidiary, acquired on Jan. 15, 1957, has recently com¬ menced the production of newsprint and lightweight groundwood cata¬ to 1958, and thereafter only if royalties subsequent- years are less than $25,000. maintains Its own plant in La Junta. Colo., where all statement and which of and prior to Dec. 31. registration a engaged now book uncoated control has price. filed 1957, on suant cause *$2.57 186, p. 1. Allied-Albany stock. Allied logue 1959 and *9,1112,363 $2.23 1956.—V. covering 21,000 shares of its $8 par common stock. Allied proposes to offer the stock In exchange for the outstanding shares of $5 par common stock of Allied-Albany Paper Corp., Albany, <; covered sales 9,921,161 dividend In December, Corp.—Registers Exchange Offer— corporation July -15, 45,684,092 9,921,161 stock Allied Paper not $ 38,965,66fr 9,399,702 outstanding per share •Adjusted for 3r/o will $ 349,489,813-341,684,459 12,080,399 Income Earns, emitting varying temperatures (con¬ application) depending op the heat the 1957—6 Mos.—1956 $ revs... Sales at to entirely burn th as This — represented material the stock as trustee for himself and other per¬ stock of the issuer sold or to be sold by the issuer and. particularly the failure to disclose that? Weis' had con¬ date the dated Members: The Toronto Stock Exchange 25 ADELAIDE ST. W. issuer indirect addi¬ director of Allied Chemical & 47 particular-weed to be destroyed. weed March, all of Colorado These The Investment Dealers' Association of Canada. other and reserved for other Period End. June 30— company acquired the patent for the burner-vaporizer men¬ tioned above from R. J. Strawn, Jr., and R. H. Pardee, respectively, President and Vice-President of the company, who were the inventors of the device. Said patent is numbered 2,667,919 and is dated Feb. 2, 1954, and was assigned to the company free of any royalty. annual Ross, KiktvyIcs & Co. Ltd. offering acquired more tracted 48 The methyl request. the and being and would stock stock (b> by Weis; and die. rupture investment Canadian securities is available the among security holdings, contracts, options, and terms and conditions on which stock, of the price, was certain respect Shares gas combustion applied to the weeds degree a the America ' With 48 patented a the of such cause utilize in burner resistance be Significant business and economic trends in informed in concerns, obligated to Issue in was of reason the that with sons; 48 i reviewed direct of¬ challenges the disclosures with, respect to- (aj>. stock of the issuer reported to have been .issued foe certain unpatented mining claims purchased from Weis, and more particularly; the. failure to disclose of Investment in Canada This the share. per Al-Kem's order Net The are disclose Federal except for A Guide to— Information misleading Issuer particularly the failure to disclose that liabilities under Section 12 Exchange Rates stock Profit bef. Fed. inc. taxes paid for Bulletin. and and the contingent The Course of Bank Clearings. retail Canada by been, nection Reserve Banks In BUSINESS—The of Colorado issuer had purchasers." false which $1 of material facts, "would operate as a persons, and more particularly the failure the issuer had been, was being and would be offered to stockholders and certain other persons at par' (35c), whereas stock of the issuer was and would be offered to ttie general public at,'\$l per sharer and (5c the liabilities of the Issuer, and more 35 an«B Payable July on respect officer, (3) (4) to agreed previous offering of preferred stock stock which was commenced under a 1956. the Al-Kem issuer, in stock of him; issuer holders 35 stock, replaced by a shares, par value to accept two share, in full con¬ the of to of 35c par, at asserts that in reported therein to be outstanding interest of Altoe G. Weis, an the otherwise; ' the common 10. in 35 (2) sale were 3,000,000 have classes to stock. terminated Feb. of issued Redemption Calls and Sinking Fund Notices- 48 816,750 shs. amendment an existing common shareholders common no on the consisting existing has company (par value $1) said whereby outstanding no approved Declared announced was Combined Condition Statement of Federal Outstanding 3,000.000 shs. stockholders stock common the of the Incorporation value $1, and share. per version per 1957, par class new (par 10c per share )_ 31, -affiliate 45 FINANCING Authorized Common 44 Statement of Member Banks of Federal Reserve System net GIVING options; Condition proceeds will be used to reduce outstanding increase inventories by $50,000; purchase tools equipment; and for working capital and other corporate purposes, CAPITALIZATION stock .. obligations by $47,500; and the to be stock, order misleading the upon stock common suspension and the to the its in deceit alleged (1) 41 GeucrM Corporation & Investment News. Cover State and Citsy Bond Offerings 5<fc Dividends and Al-Kem in false use tion Mi*£eafuVes on; It Offering ... . Exchange Commission, of Is things: and Cola.*, Stock — provides shares its circular . stock common a fraud 40 SEC Index of Stock Prices (Colo.)—Stock Offered Corp., April PROCEEDS—The the In , Effective 1„57., public circular that and 39 Transactions New York Stock Exchange Transactions American Stock Exchange standard equipment with Admiral's combination.—V. 186,'p. 109. Agricultural Equipment Corp. States held , high-fidelity phonograph-radio —Mountain Is button. of a commission fering 39 Exchange... Exchange.. ; A In 280,000 The 39 Its that bv of Averages 35 are picked up by a amplifier activating the an 36 Stock Stock and to amount. 38 Dow-Jones Stock and Bond Averages.... National Quotation Industrial Stock TV, cycles) to Airport. remainder dorado 36 ; Toronto Stock Exchange—Curb Section Over-the-Counter Markets dual four off does the a conditional exemption from registration offerings of securities not exceeding $300,000 Regulation A notification filed Sept. 13, 1954, El¬ proposed the public offering of 2,800.000 shares of its common stock at 10c per share pursuant to such an exemption. By subsequent amendments, the name of the issuer was changed to Al-Kem Mines, Inc., and the stock offering was changed so as to relate to an offering in 36 __ Canadian Stock Exchange Toronto Stock Exchange...... for Son-R to connections. International through permanent. respect 36 Exchange Coast Stock Montreal In work. offered record turn control cable or 42,000 to operates the controls. lightweight Son-R remote control The years' ' automatic radios, developed been" has ever Oakland continue Mines, Inc., Austin, Nev. Regulation with 31 Exchange. Philadelphia-Baltimore Stock Exchange a 17. w as three will Securities made or 27 Pittsburgh on demonstrated was device after adjust on, new (38,000 waves the in relay system Stock 15 (Bonds) Exchange Midwest Stock Exchange- phonograph. Siragusa tubes, Boston Page Exchange (Stocks) Stock Exchange Stock Exchange American for functions July on Admiral's waves, the. TV levels, change stations, turn records, turn on the AM or reject Control 11 said. he Operating through ultrasonic remote control remote a television-radio-phonograph," ferent Stock Npw York Pacific that Metropolitan it 15, has Issued an order temporarily suspending a Regulation A ex¬ emption from registration under the Securities Act of 1933 with respect to a public offering of stock by this corporation, formerly Eldorado Uranium Corp. The order provides an opportunity for hearing, upon request, on the question whether the suspension should be vacated Stock and Bond Quotations the . control high-fidelity televislon-radio-phonograph combination 10 look Detroit Stock Remote at Al-Kem The we production car plant Temporarily Suspended by SEC— Cincinnati Stock Exchange. wireless-remote new top In This Issue pro¬ four lodge. a TV-Radio-Phonograph— a year.- were the first period in 1956. to Admiral by this of cars during same freight Copy a, MISCELLANEOUS - main $50,000 of non-interest bearing promissory notes due be offered at par (in denominations of $100 eachi. underwriting is involved. The proceeds are to be used for con¬ struction INSURANCE - immediately, 309. p. $1.25 building Lod^e, Inc., Burlington, Vt.—Files With SEC— corporation INDUSTRIAL - corporation's car third freight,, division to compared continuation a of figuies the the freight President,, said. 6,567 Car that, to balance Division American hy PUBLIC UTILITY Inc.—Freight Car Output Higher— and industry in production of freight months Price Corporation and Investment News - recently released industry Foundry division led Car Y., Monday, July 22, 1957 Commercial and Financial Chronicle.. .Monday, July 22, The 2 and kw. of combined peaking 65,000 and Interruptible, availability using 50,000 kw. of firm expansion plans call for potline. The Wenatchee plant presently uses about 60,000 kw. of interruptible Bonneville power. This would be partially replaced by 28,000 kw. of Rocky Reach firm power and the 22.0C0 kw. of high-grade interruptible power. This will permit the release, for general use in the Northwest ,of 50,000 kw. of Bonneville interruptible power now being used fcy the Wenatchee Works. the operate to power new peaking and dump power (included in Alcoa s 23,o of the total output, but available only on an intermittent basis; would cither be usea by, or marketed for Alcoa in Chelan County or else¬ where, by the Chelan P.U.D., further adding to the genera,, power supply in the Northwest.—V. 186, p. 209. The 65,000 kw. of . A wire" welding rod which carries its own flux developed by this company's Amsco Division to "hollow new been has center specialized welding chores as must be applied in quantity and such in its speed "hard-facing," where weld metal with precision, it was announced 11.—V. 186, p. 209. July on Product Shoe Co.—New American Brake Corp.—Oliver Elected to Board— Refining Co., He is also a American Enka President of The American Sugar of American Enka Corp. director of City Bank Farmers Trust Co.—V. 186, p. 209. William has Oliver, F. elected been income Month company ♦Earnings and its subsidiaries Federal operation Other — -— 185, p. 1990. Metals, Inc.—Acquisition— on 186, 664,216 3,987,188 3,786,598 20,203 212,917 314,093 *20,601 6,875 141,494 240,172 President Offering—A second¬ 1957—13 Wks.—1956 1957 1956 1957—5 Wks.—1956 73,665,987 201,133,595 183,859,981 78,331,731 Sales 185, p. 2797. Co.—Plans Sale of & Telegraph Telephone American $250,000,000 of New Debentures — The directors on July 17 authorized a new non-convertible debenture issue of $250,000,000 to be offered at competitive bidding. expected that bids will be opened on Oct. 29, 1957, for the bonds will be dated Nov. 1, 1957, and will mature on Nov. 1, 1983. will be the Chemical Corn Exchange Bank. last debt issue of this kind offered by the company was on It is which The The this of 26 when year $250,000,000 a issue was sold. as To Redeem 3%% N. '. 704.800 Net deducting __. — . requirements.—V. dividend preferred JI—Gov't Corp., East Newark, N. and issued 14, time of stock capital at $144 per share up Adjustment of interest and dividends will be as provided in the indenture. conversion. the at into 1957, payable by surrender of $100 principal cash for each share to be and payment of $44 in of debentures upon made convertible are including Oct. STATEMENT OF $ $ $ Other revenues operating income 7,050,000 6,213,286 25,780,000 22,870,673 16,380.000 17,783,821 63,500,000 70,581,027 taxes. Dividend Other 142,020,676 605,350,000 543,a63,'(02 156,780,000 income 45,730,000 8.087,343 13,230,000 income Net 186,390,000 income Total 18,400,000 deductions 29,852,237 167,891,840 714,580,000 644,416,966 14,654,639 65,480,000 60,115,015 167,990,000 153,237,201 141,920,000 124,989,622 income Dividends - 649,100,000 584,301,951 552,270,000 478,639,083 $10.58 $2.76 $2.66 tEarnings per share Work and scribed b $0.91 • of the extent that shares SYSTEM •BELL the company as dividends. have been received by they CONSOLIDATED EARNINGS $ Oper. exps._ Other Net 728,270,443 653,693,386 117,454,261 484,106,300 income— the 191,310,546 35,151,060 831,324,454 142,505,441 973,829,895 858,534,698 41,613,216 35,399,829 152,986,352 137,861,662 214,266,059 191,061,777 820,843,543 720,673,036 5,687,883 5,125,705 23,196,708 20,131,108 deducs._ Interest Chemical income Applicable to ints._ min. Applicable 797,646,835 700,541,928 $3.31 $3.36 , $13.13 $13.28 & Telegraph Co. and its principal telephone proportionate interest in net earnings of West¬ Electric Co. and all other subsidiaries not consolidated (partly esti¬ Telephone •American tlncludes tBased mated!. on average number shares of outstanding.—V. 185, Trailer Co., Inc., Washington, D. C.—Files With Securities and Exchange Commission— corporation on July 11 filed a letter of notification with the SEC covering $120,000 of 10-year 6% first mortgage bonds (in denom¬ inations of $1,000 each;; 120 warrants for common stock and 1500 of warrants time common for through Mackall & stock common 174, (no par). shares at Each $15 $1,000 per bond share, has and p. the of Cincinnati, Corp., design and construction of $4,879,849 rose made has been in first the half of exercisable at 797. favorable combined The 30 funds willingness the of assets funds—Axe-Houghton ' - " also reported 70,032 to Dec. 31, on increase in the B It. will plywood. of June approximately was Benguet, will it immediatel be necessary for us to see' Our present lumber staff is com this gained in operating produces 1.800,000 board which type of operation virtu by Bobok timber con of lumber monthly. W aerial tramway system witbii our own feet an projection increas an Bettinger Corp.—To Move Headquarters and Plant— move and include production facilties to plant new a i Mass., facilities its headquarters for its International Famil main corporation, will Companies according to an announcement by Robert A. Weavei Jr.,( President. Bettinger's4 present home plant is located in Walthar Massj' In addition < to the Waltham plant, other -domestic Bettinge ■ period.—V. Rehoboth, in _>.. July, will Mass. of and Toledo, Ohio. development company to th into construction before the end' approximately $1,000,000. The plant is being built i cost Industrial Milford's decrease role company." , will plant, which new the from emergence production The $2,100,000... a plants ';'t/ Mr. Weaver said the move is the "single most important step i 184, of for bi not for this project. experience Milford, share¬ number, of Baltimore & Ohio RR.—June Net Falls Off— income to completely familiar with Bcttingeris net successful the was of earnings for the year 1957 indicates about. 25(7h over • 1956 earnings."—V. 185, p. 2798. This 1956. the six-month 79,821—during along. go Philippines. ; Electronics Corp.—were $136,810,733 14ee a Fund A, sub- ,. license oft. the the only, firm currently: operating to'-'figures Fund to development new are 185, 722. The their and issuance management and the of against $131,930,884 as holders—from p. the cession by Axe Securities according like¬ of that company. When certain within the Philippines are lifted, effect in now months.' "My 1957, do not to are by Benguet petent granted acid unit.—V. the shares the and company will be asked whatever othek stockholders the assured us "of have outside under public by the management. June Park by go developer Finard, Murray and will. '* about Howard $500,000 E. under Simpson, Operating For the of of to Simpson is July on 17. period same decrease of about of J .... under $600,000 months of this of $1,700,000 year, net income under of. to half of 1957; last common earnings for share the to first .. observed items that a certain a during 1956 comparison extent of noted, of for six of were abnormally heavy which developed last .n Ma in year.—V. 186, p. 185, stockholders The an $13 W & aggregate Net sales Net inc. of share. and related for on Aug. 292,690 21 will shares Sloane & ; consider authorizing 'the, issuance of common stock of the company certain „ aune . deprec., depletion, and —, 7 »June 16,' prov. 3,324,938 ' depletion; taxes and for income income Net Avge. acquire " — 3,165,4 1,530,526 1,237,2 741,258 821,0 $1,053,154 taxes—. $1,107,1 +2,591,076 , >• $0.41 2,592,5 traffic 110. to 1957—11 Mos—19 $7,361,636 $84,629,016 $82,196,8 $34,376,919 $30,597,8 ipcome Provision icipation of the steel strike Proceeds will be used Co.—V. 186, p. 110. buildin p. 2911. — before Depreciation .. - J per a Berlin, N. H.—Sales Show Gain— 28 Weeks Ended— non¬ money no. Earnings at 185, 1957—Month—4956 2211. ; p. Brown Co., • of for Sales Off— $7,208,503 —V. and 1957 on Barker Bros. Corp.—To Issue Stock—Acquisition— any land, Period End. June 30— . certain interest earnings ,ni call plant in Waltham has 30,000 sq. f Floor spade for all of Bettinger controlled plants tota Bond Stores, Inc.—June ' the first' ; ; earnings Plans months'of v inclusion the by representing should be remembered that steel it floor space! approximately 200,000 sq. -ft.—V. $12,'- for-the. like deposited in October 1955 for redemption of First Mortgage Bonds on April 1, 1956, incident to the company's refinancing program, now accomplished, and higher income tax exemptions in 1956 Addition¬ he of acres basis. ft. The one-story-building will be locate with additional land available for expansioi sq. Sales $5.03. distorted nine long-term a ^Bettinger's present development - year. stock amounted to $4.38 per Bettinger'-in .approximately 75.000 on $39,700,000, the'*;-similar amounted net'income the to leased 1956, Operating revenues for the six-month-period of 1957 approximately $235,800,000, an increase of approximately came Mr. 1956 the • decrease months 1956 said for for June amounted to approximately a Earnings per share of six income 1956. to came net year. first six a the President, revenues represented period of last detachable June 30,' 1959. The offering will be underwritten by Washington, D. C. The proceeds will be used for improvements, payment of debts and working cap¬ Coe, construction ital—V. 10 for ally, The shares Industrial Total net assets of the four mutual funds sponsored Corp. recurring 2910. American operating of and $300,000 over the first earnings share per when of period 185,936,072 208,578,176 stock subsidiaries, unit Axe-Houghton Fund A, Inc.—Total Assets Increased— 350,000, to A.T.&T. Co. tConsol. the up this in company take ox the-production plant Is started up. the energy released is recovered to the extent that it pro¬ of to the contract which Net the ammonia requirements participation Finance plans for the. production and manufacture of Philippine hard wood find tken at a later, but not too distant date, erect a plant fo / 749,352,896 109,181,802 226.461,606 255,879,275 income— Once of power this ol is, prepared by "Upon 2442. p. of Total full engaged finalize 435,901,555 214,926,660 40,952,615 inc. oper. tOther 168,320,606 130,268,656 taxes oper, The on $ to few a - acid and Stock Fund and Axe Science & 104,673.518 taxes on inc. Fed. $ a President, installing, burning the Benguet's increase earnings who the new, modern units will begin immediately. > expected to be in operation by March'1, 1958. »■ " plant will be one of the so-called "self-sustaining" the first of its kind to be erected in this country; according the The 1,567,013,320 1,440,352,590 6,034,443,862 5,528,025,299 1,037,144,486 963.267,177 3,990,742,665 3,689,077,462 revenues— Operating at is * design conditions. REPORT 1957—12 Mos.—195G 1957—3 Mos.—1956 Per. End. May 31— nitrate months properties is these on for the properties of the Dabican Timber concession This concession consists of 157 square miles of timber land. As i: normal in the competitive bidding fields within the Philippines, tw minor-bidders hate .protested the award made to Benguet. This ngces ^sitates administrative hearings before the Bureau of Forestry but i Is our firm conviction that a license will be issued to Benguet with! 11. contractor. the from nine work previously:brought to Benguet's attention, are now; -steadily being , presented! to it.. At the, board of directors meeting on July 16, a sum was allocated' to a Ue\y venture wnich will be' dollar saving for the Philippines and should be most profitable to Benguet. I am not at liberty to, divulge. the specific type of business; however, a leading American engineering "concern is being immediately engaged to make 'a feasibility 'and marketing- survey of this project. Should this en gineering jfinn recommend this project as commercially feasible, Ben guet /will, proceed with arrangements for financing and engineerin" >ihe plant. The matter of dollar financing for this project pas beer discussed with' the Export-Import Bank and a leading New York bank < I',", Gottshall, treat ... 714. Contract—■ ammonium next K. to state successfully this'company, which are now excellent, should in¬ crease sub.siantially.'.and I.fcelieve that these restrictions will bo relaxed in a lhatter of months. 1 ' "Also as a-result-of our diversification program, propositions lieve are new type and to July and Ralph 34,000,000, can successful one, namely, the United in i stalinent financing,: in¬ a most company restrictions credit Missouri Plant— replace the nitric acid (Mb.) plant during the Atlas approximately on on they The $10.99 for June 1957, partly estimated. tBased on average num¬ outstanding, ilncludes earnings of subsidiaries only to. •Figures ber its of announced vides Interest at cost ____ operating Net total will company facilities $ 116,440,000 108,710,335 444,290,000 412,235.611 Operating expenses 79,370.000 71,309,228 305,350,000 269,258,911 Fed. taxes on income— 13,640,000 13,404,000 49,660,000 49,525,000 Operating This *1957—12 Mos.—1956 *1957—3 Mos.—1956 tPer. End. June 30— This stockholders "Another Atlas Powder Co.—To Expand processes Exploratory schedule. appears to. be Corp. Benguet $502,329 V these financing, note; receivable discounting and other types of financing. Although the initial capitalization of this company was small, our board of directors, as of July 16, Instructed me to 'sub¬ production - of any minerals. outer venture made EARNINGS that ventory 440,360 , the in heretofore at present, has approximately $4,000,000 available with indebtedness and no long- or short-term loans. Benguet's funded first conversion COMPARATIVE and Finance awarded been for ,fht Corps 1678. p. result moment ' inter¬ part: "Benguet,; no to this corporation by the of sub-miniature metallized paper capacitors, it was announced on July 15. A leading pioneer in the field of electronic capacitors, Astron is well-known for its "Metalite" products. Joseph Frank, President of the compuny, noted that, the Army ; award "reflected the position of Astron as a leader in the develop¬ ment and production of sub-miniature metallized capacitors'."—V. 184, Signal S, has contract sizable A U. pre the' ore could wise. 185,'. p. Canadian and S. refractory-giade chrome ore. I am not in a position copper •'•* , amount ern $665,751 $1.22 profit •After U. The —During the present year, we have signed many new royalty agree¬ with option to purchase covering properties containing gold, $942,689 $1,370,551 _ income———_ on Inc. approached us with hew processes to proven technically and economically production of ferro-chrome from our have which, if eurome other income-..— on taxes System, ments the Astron Y. p. taxes Federal for Provision Convertible Debentures— company Debentures to Federal before Profit •Earnings per common share has 'called for redemption on Oct. 14, 1057, all of its then outstanding 12-year 3T'8"( convertible debentures; due Oct.* 13, 1967, at 106.65(r, plus accrued interest. Payment will be made at the office of the Treasurer of the company, 195 Broadway, New York, The Navigation future. the " 1956 1957 May 31— < particular type of chrome ore—however, if these processes are represented, this shotild result in increased income for Benguet in, our Corp.—Earnings Months Ended Dectra the Pacific our stantially improvement proceeds of the new issue will be used for the and expansion of Bell telephone service for the nation. The in present at this a Aro Equipment Six Acquires Rights to — system, the feasible, trustee March Corp. proceeding according to as year the navigation system Decca of bcneficlate Higher Earnings— wholly-owned whole," he stated, "we expect a new record in sales, and our earnings should compare favorably with the $1.80 per share we reported last year." Dividends, lie indicated, probably would be continued at the $1.00 per share annual rate established last year, when they were increased from the equivalent of 80 cents per share paid prior to the 2 (a-for-1 stock split.—V. 185, p. 606. the July 12 announced on Benguet Consolidated, Inc.—Diversification Program subsidiaries expect to report a new high lor sales and continued high earnings in fiscal 1957, ending Sept. 30, Frederick Machlin, President, told the New York Society oi Security Analysts on July 15. Sales f©r the first six months ended March 31, 1957 were 11T ahead of-the same period last year, he said, and were at the highest, level for any first half in the company's history. Net income for the six month period was lo'/c higher than in the first hali or fiscal "For 13,481,808 Bardey, Vice-Prosicient, on July 17 said in "Several corporations in the United States, hot 1956. $ $ $ $ —V. Higher— Stores Co.—June Sales American 13,130,461 John . Period EndL June 30— 2,666,049 Exchange Commission and Aviation to ested its 3,841,837 " —V. 185, p. 1269. and 15,873,905 both in manufacture and sales, have been division of Bendix, which also holds rights to Decca, a similar but short-range navigation system that serves most of Europe and is aho being set up in the Maritime provinces of Canada. Planes flying the Atlantic will use both the long- and shortlange units.—V. 185, p. 2211. rights offering of 110,000 shares of common stock (par $1) was made on July 17 by Kidder, Peabody & Co. and associates at $28 per share, with a dealer's concession of 80 cents per share. It was later discontinued. company 20,699,589 an obtained by Armstrong Rubber Co.—Expects 3,160,909 designed to provide "electronic sky tracks" to ease the squeeze on transatlantic air lanes, will be manu¬ factured by this corporation, itwas announced on July 15. The new system, called Dectra, is now in operation on routes between Newfoundland and Scotland, according to an announcement by Malcolm P. Ferguson, President of Bendix, and H. F. Schwarz, ary Tiie 6,449,233 4,350,240 Corp.—Listing Ban Continues— Securities long-range A ♦3,412 Armstrong Cork Co.—Secondary 13,920,432 6,906,379 order pursuant to the Securities Exchange A.ct of 1934, trading on the American Stock Exchange in the $1 par capital stock of this corporation for a further 10-day period, July 14 to July 23, 1957, inclusive. See also V. 186, p. 210. 210. p. 18,522,200 1,279,455 suspending fixed after income 2,738,932 taxes 110. p. Bellanca The $4,742,582 $764,321 taxes- ♦Deficit.—V. $2.10 $2.03 dividend and based period (19,673,899 186, issuance of income inc. 131,620,379 95,376,809 operating, income after charges-—— —V. 1957—6 Mos.—195G 714,107 expenses oper. Fed., after Net July 18 announced that a contract had been signed for the purchase of the entire capital stock of Hunter Spring Co. of Lansdale, Pa., manufacturer of springs, metal stampings, elec¬ trical and mechanical assemblies, a line of wire fatigue testers, force Indicators, and Neg'ators, or constant tension springs. The date of the closing is July 31, 1957. The plant at Lansdale comprises 72.000 square feet, employs 300, end produces a sales volume of approximately $4,000,000 annually. No changes in personnel are contemplated.—V. 186, p. 209, corporation ry. 20,962,222 39,844,166 "Adjusted for 1 v2-for-1 stock split and 2",'t stock average number of shares outstanding during 6hs. for 1957 and 19,064,258 shares for 1956;.—V. American Machine & oper. Net 101.150,523 Net Net 1 $ 19,705,270 Navigation System— $4,713,374 chgs. & other deducts. 12 months share Ry. 22,217,579 41,287,9u6 '- operating S 147,278,691 1,415,355 expenses—— income taxes— Federal Earnings Decreased— $720,212 Ry. oper. revenues:. 1957—5 Mos.—1956 26,384,566 3,886,600 Operating in 1957—Month—1956 -Earnings— 30,583,385 20,931,190 Operating revenues— Bendix $3,089,060 on This Outstanding Spokane, Wash., ever since. Its office is located at West 730 Sprague Ave. in Spokane, Wash. Over the years, the primary business fields in which the company lias oper¬ ated have been the financing of sales of real and personal property through mortgages and contracts, real estate sales as a broker, and operating a property and casualty insurance agency. At present, it transacts business in the following fields: (ai selling si general line of insurance; (b) operating as a real estate brokerage firm and escrow agency; (ct financing the sale of real estate through mortgages and contracts; (d; managing income property for third parties; (e) selling a general line of fidelity and surety bonds; and (f; financing the sale of personal property on short terms, that is, 24-36 months, on various items such as automobiles, home organs, major appliances, food plans, etc. $3,354,696 - common per follows: 195"7 ' Months 12 this _ Months"ZZZZZZZZZZ 6 BUSINESS—Company was has been in continuous Pennsylvania of 1957—Month—1956 $ 84.000 shs. incorporated May 16, 1927, in Washington, and Co. Telephone Period End. May 31— 200.000 shs. $5 )____ (par Period End. June 30— System—Earnings Up— all charges including provision for deferred and preferred dividends of subsidiaries, is as taxes stock 2910. p. EFFECT TO PRESENT FINANCING GIVING Authorized Common 185, $6,185,488 $28,396,276 $27,590,789 $6,195,641 sales Bell general corporate purposes. CAPITALIZATION Ann Arbor RR.—June after Period Ended June 30— 1 of income net consolidated The capital working for used be to are —V. director a American Gas & Electric Co. consolidated, proceeds net Retail 1957—26 Wks.—1956 1957—5 Wks.—1956 Period End. June 29— in June, 1957, offered PROCEEDS—The and U :^.-June Sales Up— Beck Sh>+< (A. S.) Offered—The publicly as a speculation 60,000 shares of common stock at par ($5 per share) on a best-efforts basis. The offering is not underwritten. (Wash.)—Stock Co. Securities Anchor company ^UAlcoa's%Wenatehee - 1957 (314) assets of ' '* —. of com. pef s' are *Excludes veneer which were Resu1fs fr>r and plywood period $0. subsidiaries at North Stratford, N. owned by Brown Company in the first half of 195 these •mbsidiaries are included in 1957 figures.. not ^Excluding totaled shrs. outstdg. during of common stock 52,214 shares shares held by the company as treasury stock at June 15, 1957.—V: 186, p. 211. whi Volume 186 Number 5657 ..The Commercial and Financial Chronicle . (315) Brunswick-Balke-Collender The will company added, -j Backlog orders of defense—are trend keeps establish Mr. j up." he another in said, . , , by , sales and that the approximately 6,000 in . automatic 2,000 units earnings." pinsetters with 1957, pinsetter in s cJub "uur planning added. In calls May for 1957, that same Brunswick figure as acquired in minimum a Corp.'s Murray the sales Brunswick's of "was the In of largest the the acquisition single of loans In Murray future sales against of pinsetter deficit net should 1956 the Funds The the of the existing under pinsetter subsidiary at pinsetters is bowling the Bookings 1957 the Of School and has It soft oantreil plants its Super at food and division N. the of These Nedick's Englewood, ginger J.,' N. Los products rubber parts. It has plants and gun stock & o : of each Pan C which of Avian tie TV is Co., other held & C Super to television use C & C Super used statement this and TV said spot its of by This , to of by In¬ C Western feature cubic advertise Television is its still with the demand the for accelerated products, its of tne Prayer TV advertising by most large com¬ panies "it is .reasonable to expect that the television operations of the corporation Should experience a comparatively rapid growth in volume and earnings." It added that the "food beverage and manufacturing operations .qG&he.'.corporation, wnich are mostly in the somewhat slower a growth." has and He In stated. The been expanding disclosed that research in ucts and adding been to the- market to which the will sum be used products of products / sold. are Inc." improve the products. The automatic was a direct result of past research, as were new designs and products in school furniture anu piasae coaied bowling pins.—V. 185, pp. 2554 new statement, the of natural line of commercial It at gas passes this a Boston only creditors whose reorganization. and Pathe is consent has the that to ended iDec. year sidiaries had 31, 1956, C & C and Super sub¬ - Electronics Co., Cleveland, Brush A natural and natural 24-page and ness American standard Lay recently published Engineers, is booklet Surface on Roughness, Wavi- The at See The booklet,, culmination Sectional Committee Qualities, of of years work for gas 2-B H. J. how Classification Designation Surface of well Oper. flowed 236 184, inc. and Charles Board, S. Offer, reports paring-off that the marginal first risks, Albert and six while Benrstock, monchs being of Chairman 1957 more was In the period a the tures of These in measures, the in the availability the lirst-half,. thus its of with introduce the in. the notes with six insurance companies. These funds outstandings as soon, as possible on a basis i the will be that to Offer combination and and of volume Behrstock these of that the Corp., Buffalo Forge bonds first Co.—Reports Increased Earnings— subsidiaries ended May 31, 1957. a net profit of $520,019, after provision for United States and Canadian income taxes, equal to 80 cents per share on the 649,572 - shares of common stock - outstanding, i .This compares with net profit of $402,939,' or* 62 cents per share on the same * number of outstanding shares for the quarter ended May 31, 1956., i For the first quarter of the current fiscal year, which ends Nov. 30, ;' ; '4 * the had company reported share. J* ■/ W. Henry the quarter, uere Profit May 31r tax 17% provision This the first ' $346,517, " 53 or > of the first cents and End. May 31— Yardage dvcdgea____ Ounces fine gold__ ;; Value It U. S. 12,326 Value, yard per Cents of The 51,827 net profit year ended Butler S. (& Subs.)—June Period End. June 30— Gross 186, C « & A 1957—Month—1956 sales —V. $10,637,278 $10,368,067 this corporation with that and corporation's directors A name to the to to C & from eight common statement proxy C Television Corp., 13, and amend of Inc., National a the in the corporation outstanding to proposes ah n.ac be distributed to the of of the In the spin-off, C & C Super proposes to distribute to 4,089,357 common shares of Phoenix National '.of one share of National Phoenix for each two shares of stock common shares of which are stock "be cor¬ C will held by National stock C canceled be & and C and Phoenix 300,000 Super. has now shares In of C & & Super Super's ■divisions, THE Lorraine and National Dana (Telephone office Phoenix Canada. Seibert, STate at to National Manufacturing COMMERCIAL AND William post also will assign will President. York, §63.00 per year. Power 1 N. Published Drapers' On account of Y., twice under the in Act of rate of assured. Iron Corp., wholly- a scheduled is start to at once the for the tons the account Pickands of annual Julian of Iron Javelin by making the Mather great nickel, Co. in Pickands as and The Iron Wabusl) Mather Wabush com¬ empire Labrabor & Corp. whose Ltd., of storehouse raw minerals of in subsidiary is known to contain fluorspar, magnesite, molybdenum, North America. iron ore, lead, asbestos, silver, earths. rare asset alone adds 186, approximately p. corporation covering offered N. J. tory Patent at The and C., Office) 3, England $39 to the asset value ol a 3. 1879, proceeds working William B. are 12 filed of be capital.—V. letcer a common through to and 182, for p. of stock Garden used of remittance for in $672,384 annually.—V. 185, income $168,096 2443. p. — completed, all of said securities having been 186, p. 211. Rochholtz, formerly Assistant Vice-President, has been promoted Lehigh of Coal the company. State notification (par 10 machinery, with cents) Securities,, to the be Hoboken, equipment, inven¬ PROCEEDS—On tract with estate Navigation belort'.—V. Co. 177, 622. p. & Further details follow: the March James of estate E. Richard of 2,492 execution 1957. 1957, the and Asael Bremer, the of total a 12, Mitchell P. shares at company issued purchase entered company E. deceased, Adams, for and the into of the contract outstanding con¬ of from capital of $600,000, payable $500,000 on or before advertisements must be 15, all of the net proceeds derived from the sale of principal amount of 6% sinking fund debentures, dated July being the debentures now offered will be used by the company to pay the remaining $500,000 due under said contract for the purchase of said the Bremer shares will estate, thereof retire at the to Hie shares. the the remaining status Alter of such will company price same 2,074 purchase sell paid shares, authorized to and of The therefor thereby unissued 2,492 Ohio by shares of Wufch 2,910 said shares the will be Issued transactions will be owned by The and referred outstanding stock, 2,492 President, Treasurer and Weiger, shares of returning the in the will snares be Director of latter shares. outstanding to 413 and company, CAPITALIZATION—The authorized capital stock of the presently consists of 5,000 shares of common stock, without summation from Company the company Value, par after the con¬ preceding paragraph. owned the by S. Wayne and company, 418 Ohio Company. Of the 2,000 authorized stock, enough shares are reserved for sale to The Ohio Company, at a price of $240.85 per share, pursuant to the provisions of an option given by the company on May 31, 1957, and unissued will as shares permit shares not issued and to The said event The to have total the Tne the In Ohio shall net, then ac Wayne of which company Ohio the $j*o lie management to however, both from aggregate, exceed a to be issued option, Under of be the in the of number of to be company said option. af Weiger per shall the the company said Company. sidered event, ;ucn the of of I s..a 8. price a Company, 111 of maximum a stock exercise o including the issuer the This maximum of the securities and of to The from of the acquired so of to com- wnich be 49% sell tne from Mr. outstanding shares circumstances, and mrt any to of instead shares o: elect t-art, own him total company and may .arc, then Company shall desire to purchase from company. by the oomoaay option, Company, of cf following May 31, 1962. As consideration for the granting Ohio Company paid the company $5,000. In the Ohio foregoing stock Company 49% on The The Ohio Ohio exceed option, that the of •mon common outstanding option is to expire of ol Weiger, the total following the presently the now owned by The underwriter and the offered may be con¬ control a relationship witnin tne meaning of the rules Exchange Conimishon. Tne aggregate principal amount of debentures which may be issued under the indenture shall not exceed $1,500,000, of which $550,000 principal amount have now been issued. The remaining $950,000 principal amount of debentures may be issued when authorized by the of the Securities board of and directors BUSINESS—The machines, rubber the compounds. pounds '20,000,000 The of washing machines and moie of of the company processing of company. is engaged in manufacturing washing reclaimed rubber, and the production of company operates steel annually other predicts- are in two plants—in one, tiansforined"*into t*e ot er, 25,000,600 some electric pounds rubber are annually reclaimed. Both plants are latest in automatic mac..iuei-y, and consequently degree of automation. A substantial amount of the specialized machinery has been designed and assembled in the com¬ pany's own machine shop. The company maintains a laboratory for research and quality control in order constantly to improve current products and to develop new items. ' attain , a scrap with the high The company began business as The Central Rubber Reclaiming Co., incorporated in O do on April 16, 1926. Its principal office and Company, Publishers 25 Park Place, New York 7, N. Y„ REctor 2-9570. Herbert D. Seibert, Editor and Publisher; and advertising issue) with a statistical issue on Monday!. Other offices: 135 S. La Salle Street, Chicago 3, Illinois Smith, Copyright 1957 by William B. Dana Company. Reentered as second class matter February 25, 1942, at the United States, U. S. Possessions, Territories and Members of Pan-American Union, $60.00 per year; in Dominion of and of $100,000 July 1957,- and Dana subscriptions the such stock price and a Executors purchase Substantially 1, & foreign afc at $550,000 inc., 2678. & case. equipped J.— Pennsylvania—Proposed Acquisitions— Steel Corp.—Debentures Offered—• made in our issue of July 8 of the was - exchange, $1.10 and, until terminated at Dec. 31, 1955, before preferred dividend requirements of and news Edwards Subscriptions July $1.00 debentures, dated July 1, 1957 are subject to redemption ranging from 107% to 100% and througu the sinking fund prices ranging from 104% to 100%, with accrued interest in each or shares share, per (general c/o on 120,000 $2 $0.30 stock Co. Iron the Wabush Iron Ore program. on Newfoundland great $0.28 The Ohio announced material, will have the iron ore development only one small portion The area encompassed has frequently been resources. new and Mather, participants company be an 2,709,391 share— interest exercise the 3,643,227 3,008,077 • Of possible. year. a steel to 5,126,476 3,672,364 See details in V. shares engineering studies, tne management estimate at peak production earn a net income represent the. lust copper, [every Thursday E. March of of The & these U. S. week London, 367.00 per year. the C Nedick's of (Reg. a of and the fields, ore Caramba Mokafe Corp. of America, Hoboken, N. Files With Securities and Exchange Commission— will common assets their and Super 10,000 stock, all of the preferred liabilities Gardens, Other Countries, the fluctuations NOTE: Products the assume the FINANCIAL CHRONICLE 2-0613); New and Phoenix to may Pickands group. Javelin share.—V. SEC C Co. & iron an Julian the site that proceeding immediately acquisition as land basis C outstanding common the transaction, additional snares of 3,789,357 share¬ the relating Of very great immediate importance, Javelin has acquired through Newfoundland & Labrador Corp. Ltd., control of 9,500 square miles of surveyed commercial timber lands. Control of this timber repre¬ sents an estimated valuation of $176,000,000 and it is one of the last major forests left untouched in North America. This timber issued. C ■ held. preferred its on and expected Javelin's gold, poration." holders expenditures Mather success managed believe consuming are Javelin's re¬ itself its stockholders be 5,160,297 the State of Ohio. guar¬ $2,500,000 Canadian funds months a total of $7,800,000 wcua.5.1 that be Earnings Off— 1957—12 Mos.—1956 $6,960,498 $28,949,062 $27,308,436 prices mort¬ any Javelin's Canadian own expected 6,000,000-ton production, Javelin and a participation in the Wabush Iron Co. consuming steel companies development. The company holdings .cited food, beverage and on by National Phoenix In¬ wholly-owned susbidiary and that all the capital stock Phoenix economic its vast a the options its management are The number "devote will Reef 968,496 Vice-President guaranteed from Ltd. Ry. Co. to royalties American Ltd. zinc, the will Mather the effect change decrease to at Javelin Pickands mine proposed production addition pletes food on Lake Lake properties. Javelin Caddo offering $550,000 6% sinking fund debentures, due July*!, 1972, 100% ^nd accrued interest through The Ohio Com¬ pany. The offering was made to bona fide residents of fund3 required of 12 tne feet 65 at Interlake/Iron the of Wabush represent ol day from per of V guaranteed bonds. The released from its unconditional payment of 2115, 1,320,897 upon into approximately $40,000 000 Lid. its of project Additional stock. says solely to its television operations a..d manufacturing' ope.a ions be carried dustries, .This Javelin Co. beverage and manufacturing operations special stockholders' meeting to be held on July 29. The stocknolaers will also be asked to approve a of of $54,930,667 spin-off of will be voted the early receive the a intention on contracts, Super Corp.—Plans Spin-Off— of Ltd., Steel Co. of Canada 40% area agreement together with the additional exploiation agreements for the selection of two additional mine sites will ensure a production in excess of 20,000,000 tons per annum, Based on present Up— $58,250,931 the is Javelin ; reorganization lating 12.39c 1957—6 MPs.—1956 110. p. € Sales also integration associates company Ltd., the dredges and hydraulic operations for the 1957, is estimated at $850,090.—V. 185, p. 1271. Brothers was payments Texas, has been corporation's oil 2,709,391 com. Mention guaranteed first mortgage the lull call price of $105 , Ltd. Co., period a which the by work will from May 31, Canada relieved Ry. Initial ar. over funds, that In 22.00c also oil p. tiiis Fed Central Rubber securities, received receive the Canadian This Lake Newfoundland ih&se of Pickands $1,404,690 16.00c released bonds Wabush of County, of Earl Thompson has been named President. He was succeeded as Vice-President by C. L. Landen, Jr., who was previously Vice-President. Ltd., Corp. agreements ensure the Canadian Javelin company a much development than previously envisaged. The management be¬ corp. 40.131 $1,813,945 22.44c of Labrador <fe Tube Co. of Eastland Manager $7,350,047 Central RR. of The oniy change in the Javelin plan of 6,000,000 production of its own has been its incorpoartlon into per S. in 11,112 $388,920 redemption 185, Central National Insurance Co. of Omaha—New Pres. to subsidiary, will be developed immediately. More than 50% the Julian Railway spur line already has been located and surveyed. The . 3431,410 $35 at ounce 186, owned 11,839,200 b,2*6,603 for well as said.—V. J. meeting of shareholders of between Canadian Javelin Ltd., Co. & magnitude,has been enlarged and its 1956 1957—12 Mos. JO extrusion.—V. These steel tax provision of $695,015 year.—V. 185, p. 715. • Steel industries heating, Toman Executive special signed Newfoundland The properties. the .will lieve profit before 1,92-.,100 of larger quarter. 1957—3 Mos. 1956 Co., & the were Ltd., the development of the Wabush per Bulolo Gold Dredging, Ltd.—Production Report— Period its on Canadian so . following Co., Lake provision Javelin .. $1,067,455 for the quarter ended with profit of $992,586 berore tax estimated icnegotiation, for the fiscal tempera¬ 165, p. 679. Ry. Co.,' Ltd. 4'%% be. redeemed July 30, 1957, at guarantee for current Mather Government of .• , 1957, Ry. customers and Mr. ' below.—V. agreements mortgage antee was compares quarter the over -provision, but alter provision like period of 1956, and with a for of : the' quarter and Edgar F. Wendt, President, at¬ to increased sales which, in the latest proiits than more 1957. profit for Chairman, improved before net a report " ' Wendt, tributed . its and company commercial cooking 1,022,392 been See 28, will gage This has sold. Javelin Wabush -This » extrusion at Canadian. funds' plus accrued interest. Deposits have been made in the Montreal Trust Co. 2. p. material successful and The Ybungstown Sheet The the of taken to increase receivables outstanding while increasing earnings, is progressing very 186, to the its among industry, Tube , effect desired steps business, sati factorily.—V. stated June Pickands * Messrs. of strength Lanier a this company, Wabush Lake with conform • On . restore will credit requirements. company's sound in placed used been high Northwest Light Co. — Bonds Sold The public offering made July 10, through The First Boston Corp. and associates, of $15,000,000 4%% first mortgage bonds, due July 1, 1987, at 100.80% and accrued interest, Ltd.—Agreements Signed—John C. Doyle, President, on July 10, said in part: of late privately had Canadian the exposure addition, Ill were the past, See Gardner-Denver Co. have which in Wolverine city 3,008,077 reservation; Camfield Manufacturing: Co.—Sells Plant— operations, greater company senior in areas loca ities. new 12-year market, money economies expanding enabling service $2,500,000 tight the greater while accounts, operates, company keeping to company selectivity more b" the outstanding- per Max Of accounts rather than quantity. The officials stated that these precautionary measures resulted in a reduction in receivables out¬ standing and volume of business, and thus reflected a lower lirst-half net as compared with the same period of 1956. caused .'e'"-Poud was 211. p. quality the in elective ! of process Pacific a processes, 1,383,107 'After above. engi¬ neers in cooperation with Climax Molybdenum Co., which supplied the molybdenum billets as well as oasic dam on me mctax's characteristics. (Calif.)—Earnings—Financing— President, extrusion into way Central Illinois commercial extrusion of tubing made of molybdenum, a particularly suited lor nuclear power plants, jet engines, rockets missiles, was announced by the company's Wo,verine Tube Division. new after shs. Earns, Success ul The Budget Finance Plan Super Corp. its on 1957—3 M'os.—1956 revenues income total C to gas freezing, barrels taxes "Net metal 1512. p. t and be extremely lmlpfoil to urn ">ii"a-*"" s in showing them reduce machining costs and control surface finish.—V. 185, to & fuel. refinery Hamilton, 2,820 feet, he said.—V. Operating Calumet & Hecla, Inc.—New Extrusion Process— ASA-authorized the by will on C initial delivery of 1.8 billion eventually 2.1 billion annually. as Central Hudson Gas & Electric Corp. this company. • gas an¬ Cataract Mining Corp.—New Well Completed— C & C Television Corp.—Proposes Name— by tin American Society of Mechanical avai able without cost from now 1 ■ natural companies two an includes now manufacturing Cataract No. operating revenues of $10,664,725 and net loss of $1,594,764.'.The special meeting of the company has been caned i.i lieu of the annual meeting.—-V. 184, p. 3, Ohio—New Booklet with Co., the large first Ore. special quarterly • the completed, James Kiel, General division, announced on July 12. permit consolidated par large the Rock, utilize in Com. the 1957, at 2443. p. Laboratories, required Oil refinery, and year, near Period End. June 30— reorganization 29, stock 1634. p. accounts. delivered Pilot . proposed These rare* the proposed In 2443. and to' the vAcocrding approval of the First National Bank of $2,000,000 existing prod-; pinsetter, he added, estimated an to line its those would spend company 1957. 'This develop has company Shell operating ' singer March on common industrial contract brings to a total of 45 the number of basic industries Cascade now is serving, Phil F. Toman, Vice-President—Sales, said. Cascade's industrial sales program still is in progress, and the company also is serving more than 350 development stage, will undergo - feet Signing en¬ films said. of 185, on refinery has been using petroleum as exploiting during Minutes of statement SEC V. Anacortes. converting some of its slower accounts into curerntly time which is sold for cash to other companies. Television," the shares See will supply the the Anacortes July 16. five-year agreement calls for for Cascade's . of had motion spot time to other companies. Western with 679,469 corporation fuel as nounced spot Western stated, which library time spot excess time own filed share), is to be withdrawn. Cascade Natural Gas Corp.—New Contract Signed— The capital incluu per The paint spray a J. Corp., and C & C Television Corp. (the name of changed to C & C Films, Inc., in the reorganization). originally acquired Western Television in order t(F C library tax ($1 ale, and Film be proxy owned The registration statement covering a proposed issue of beverage Cocnrane ds 3 Carolina Mines, Inc., Kings Mountain, N. C.—Registra¬ tion Statement to Be Withdrawn— will assumed "Batter-up," drinks, "It is expected that' this activity will be suing- year through the added exploitation Equipment Division in the first five months than in the same period of 1956, Mr. Ben- 30%. higher were C Super available stated. of sour, also commenced to license lilm modernization Mr. Bensinger for lanes, and products C The It new & Phoenix are carried on through its snosiuiary corporations, ue.ween C pictures. / for C liabilities Manufacturing division produces rubber specialties for airplane manufacturers, and electronic, automobile 51% will & and end for for National all manufacture Cola acquired through the exploitation and as to Super Ei.giewood, Super, permit loans, the demand well as the stated. present lanes, obtained were C C ■ bank at ternational " outstanding possible and forces, firms and which Mr. Swanlund stated. offset loss & C T.". by-operating profits in 1957, carry-forward available for income than Mr. Swanlund Much its off not against corporation's television operations Western Television division and * .ee 50.4% T. of I. is The years, C. by continue C & syrups. raiue power proauci payments up to $4,000,000 would have received, transactions I. more of C. $4,900,000 of be utilization purposes, of subsidiary, paid these for with arrangement The Of into it Super Calif. ' i-oi other _ in¬ purchase of 100% control paid $13,700,000 in cash on deferred also several C using bonded metal and at. May wood, N. J., and Lake Alfred, Fla. iinance to & .. as.C and armed the was> the to receive next entered ever for Murray advances will subsidiary $13,500,000. credit deal Murray the over and of pinestters on which it commissions under the original contract. and The v and addition, subsidiary pinsetter financial with subsidiary, account fees pinsetter automatic transaction pinsetter the of C Phoenix will soda and terest in the subsidiary, whose accounts were not consolidated in 1956.* It was disclosed by nester Sv/anlund, Financial Vice President, that the $55,000,000- credit established with the C. I. T. Corporation to finance , concentrate, The 1958,"' 50% : . the approxi¬ mating $45,000,000. be : Angeles, scheduled-, volume - orange subsidiary, is 1956, sales a it. however, cases, completely of such liabilities indemnify products such ' .. some to, -National > divisions—bowling, school equipment and company's history, he added. "If the "as I confidently expect it will, 1957 wiltthe in record lease at , , undertake all confirmed installed install for highest Bensinger which to the available. In . to divest itself improved second quarter sales and earn¬ President, stated on July 8.'.'-The exact figures, not. yet are Co.—Earnings Improve— ^ report ings, B. E. Bensinger, he divisions. made in New York funds. Commercial and Financial Chronicle.Monday, July 22, The Ohio. On April 22, 1935, its name was p. On Jan. 2,; 1943,. the company con- plant were located at Pindlay, chanted to Central itubb-r Co; price i:,corpoiut *1 on 3>ec. 4, 1911, and engaged the business ol manufacturing washing machines. With, resulting two pl-nts arc only three blocks apart In Finulay, Ohio, and the principal ofUce of the company is located just across the street from tue rubber plant. See also V. 18(1, p. 110. company was tills consolidation, the De¬ Co., Lincoln,, Neb.—Registers Telephone Central SEC—To Place Bonds Privately— bentures With company 1957, supplied by amendment. to the prospectus, to be . the company recently sold $4H4,375 of additional comuitn stock to its parent, reiitral Electric & Gas Co., and obtained tent itivc commitments for the sale of $1,250,000 of bonds According experts 1 u e the proceeds of these proceeds of tire sale of the debentures, t the Minnesota properties of net book value at date of transfer (estimated at $1,903,070), and for (1) the company's con¬ struction expenditures; (2> the making cf temporary advances to sub¬ sidiaries for construction purposes; (3» investment in stocks of sub¬ sidiaries; and <4) other e I'porave pur. os.a. Construction expenditures of the company and its subsidiaries for the 13 months ending Dec. 31, 1958, including pu chase of ti e Minnesot a pronerties and including construction therein after acquisition, or? estimated at $8,000,000 and $15,000,000, respectively.—V. 185, p. 2Jil. institutional to with together financings, for It investors. corporation the purcliu.se on <r about. oct. 1, 1953 Southeastern Telephone Co. at lbeir the is not operating an factoring?. <2> CAPITALIZATION EFFECT MAY AT one in Funded dent date. subsidiary, of 14,500,000 ... ..2.2'.'.6.... debentures New — 565.000,000 100,000,000 125,000.000 125,000,000 the High— Chemical Fund, Inc.—Net Assets at New of any quarterend in (he fund's 19-year hi; o.y, totaling. $151,000,754, equal to $17.65 per share. T is com are'., > et Is ol *134.085,347, equal to $17.56 per share, on June 30, J 936. When adjusted for the 00 cents per share capital gains cLstributhui paid in December, 1950, the June 3'p 1957asset value per sha.e leprcsents an increase of 4Vo over a year "«go.—V. 135, p. 2799. 30, 1957 w re at the highest level Chesapeake Corp. of Virginia (& Subs.)—Earnings— End el Weeks 24 char after Profits income federal June 1957 taxes "Adjusted 185, Chicago " 2,560,380 1,982,902 $1,926,065 1,156,654 $1.66 $1,546,080 578,327 ' $1.34 $1.48 __ North Western Ily. & First Bid—The $3,528,992 April, 1956.— reflect two-for-one stock distribution in I to 2212. p. $4,486,445 $ ,711.9,2 1,156,054 xi profit 1... Number of capital shares—,. Net V. 1955 $3 93 \ il5 2,222 613 ,es„..______.^ Earnings per share.,. 1956 16— Bank National — of corporation prof. stock the railway company for an issue of $8,000,000 collateral instalment notes. The Bank offered an interest rale of 5.5% and a price will distributors' The the issue approval of the Interstate Commerce is subject to The.proceeds from the financing will be used to purchase the 180,000 outstanding shares of the Litchfield & Madison Ry. Co. at a price of $44.4444 per share. The notes will be secured by a pledge of North Western's 4.5Vo convertible income bonds die 1999 itb .n market value of not less . than of the 150'/,- value of by U. than less not the company's option may at is with Gove Tnicnt obligations the face value of the S. market a notes.—V. of 1007c . 212. p. The not issue. new secured be instead 136, share, Chicago, Rock Island & Pacific RIL—Equipment Trust July 1.9 offered $3,000,000 of 4%% non-callable on equipment certificates, trust semi-annually maturing Feb. U 1958 to Aug- 1, 1972, inclusive. The certificates priced to yield from 4% to 4.30%, according to matur¬ ity, awarded to the group were July 18 on its bid of on 99.687%. Halsey, <& and rale Inc. Co. 43bS. 99.275Vc bid for also certificates, the as , tlie of Interstate tlie of certificates subject ave authorization to Commission. Commerce Plan and the issue will be provided by 310 hopper cars and 200 estimated to cost $4,150,400. Associates in the offering are: Drexcl i& Co.; Eastmon Dillon, Union Securities & Co.; and Stroud & Co., Inc.—V. 166, p. 212. cars, Chrysler Corp.—Purchases Venezuelan Assembly Plant Purchase Venezuela, Em ambL 1e of Kelley, Vcczolann, Chrysler Corp. or distributors in .thai of passenger countiy Vice-President Jr., was assembly cars and trucks, announced on July Chrysler of plant Corp. and in Caracas, from a group 12 by Nicnolas of its President Export Division.' Ensamblaje the for 1949 Vene/oHina, Dodge, Plymouth, Do the Solo Venezuelan which company and Chrysler market, r.'ll eon has vehicles tine* * The plant 14-acre a and contains 200,00) site in Caracas trucks per 15 day feet rqur.re It has of in space ol since Caracas 35 and located is passenger cars persons.—V. ICG, Corp.—Begins Offering of $100,000,on New Type Bond Plan—This corporation, the nation's largest consumer and industrial Series Debentures of $100,000,000 series The and to plan of be sold over a is continuing period of time. it is customary for major unique because offerings of this size to be marketed at one through a firm purchase commitment by a group securities time of underwriters. Initially, C.-I. T. has established seven series of debentures, bearing a coupon rate of 4%% and due on July 1 of each year from 1960 through 1966. They being offered at prices ranging from 100% to 99%, plus accrued interest, depending upon the maturity date and to yield 4.75% to 4 89%. Salomon Bros. & Hutzler are been has named agent for the sale and distribution of the debentures. A spokesman C. I. T. said ^ offered amount Julv on of and sold over-all will 15 debentures is flexible, dividends ferred registration not of be any subject the debentures of redeemable particular only company's will C. of the be a I. T. statement which option became and continuous to intends purchasers the prior series the to which limitation of series seven maturity. may the offering requirements prices for to sold Julv out at the 12, an SjcuriUes J957, be The issued $100 000 000 based from on The time mark"t company to earlier time the conditions also and Exchange stated that available maturities suited vary iunds. with date, running at least until Ap.il l, to make and filed effective unless one This to the the offering the and the preferences offered the and company's right to vary Inc. Increase To — 186, exemption order Inc., to purchase an Composite Fund, the $30,000,000 of 4"si&. first mort¬ being'.'of lered for public sule by ^Wash¬ Because of intercompany affiliations between one of the underwriters of the purchases are prohibited by the order for exemption is issued by Ill, p. Bond Stock <te Diesel corporation lias Fund, above.—V. Inc. Electric received $4,800,000 of B-52 of aircraft July on 183, 667. p. The units electric ordered AC supply tems, Gerald Corp.—Gov't Air S. amounting in support be used Command, it was Air to Vice-President Rosenberg, Contract— contract- Force sets generator Strategic announced General and Man¬ and DC to power including ground to 186, Air and Force is equipment electronic aircraft's the and fire pioneer in a are maintain navigation which servicing expects tlie test radar, company, essentially self-propelled consisting of engine ariven generator sets wnich power of a precise nature. Tlie units are used by power-plants produce to by 14 U. a lor the company's Aircraft Equipment Division. ol ager the sys¬ control. production of multipurpose commercial and military aircraft, for the 4. p. initiate snipments under Continental Can Co., Inc. Period End. June 3(L— the this late contract (& Subs.) year.—V. sales Net & oper. Net operating Deprec. -Earnings Lower 1957—6 Mos.—"1956 1957—3 Mos. -3 Mos.—"1956 $ $ g 271.092,000 263.814.000 rev. income 31.332,000 g 492.617,000 479,372.000 32,686.000 53.279.000 54,785.000 6,659,000 5.627.000 13,041.000 11,213.000 12,148,000 14,003,000 20,204.000 22,502,000 depletion r.ndl Minority interest in inc. subsidiary of Products to cents 90 and Net 243,000 297.000 459,000 509.000 12,282,000 12,759.000 19,575.000 20,561,000 404,000 408.000 808,000 —— 11,878,000 12,351.000 18,767.000 19,744,000 outstdg. 11,189,334 11,144.351 11,189.334 11,144,351 income - Preferred dividends services share a of common 106,800 shares the on stock issue; on the 100,000 shares then The 6,800 additional shares of common stock outstanding the preferred resulted primarily1 from conversion of debentures. 7 The company's bat klog of unfilled orders at April 30 last, approximately $3,500,000, unchanged from the. level a year earlier. was included the acquisition,'effective May 1, 1957, of Photographic Products, Inc. of Anaheim, Calif., manufacturer of cameras and timing devices.' The acquisition was made through a Coleman subsidiary which now functions under the name of BeattieC'oleman, Inc. Approximately 75'w of tips subsidiary's sales are - cur¬ rently with commercial customers. Major developments Balance applicable ' , ^'817,000 common Common stock shares to > Earnings per com. share "Includes which results $1.06 Hazel-Atlas of merged were $1.11 Glass Continental with $1.68 and Robert Co., Co. Can Inc. $1.77 ' • Co., Incl Gair during the last quarter of the year. Lucius General D. Clay, Chairman of the Board, who had previously predicted this decline in per share earnings, attributed it to differing sales patterns for tlie two first halves. He also stated that business activity for the second half is promising and is expected oo put Conti¬ nental's per share earnings for tlie year above the 1956 level.—V. 186, p. 111. - _ production units of the Cole-Vac, an airfield vacuum cleaner developed by Coleman for the Air Force. The first unit is scheduled for delivery to Boening Airplane Company tnis Is month. progressing now Mr. and Trailer the Fruehauf the service airfield of four on said Coleman market quantity Cole-Vac, by cleaners Co., intends to bid the government required will which on as pro¬ large well as push The report contract work Inc. that stated with United the recently company Rubber States Co. to negotiated complete a research of products to the com¬ The company has agreed with United the nature of the work until results are "conceivably could bring mercial and military markets." States not Rubber conclusive.—V. to 185, disclose in to move a installation prior to 10471 1. June annual of 011 17,' to interest par the to to note communication of the principal; thereafter, during the year 103'V*-;' thereafter during each ensuing riod, such premium shall decrease one-hail after June 1, 1967; in each case, plus accrued at p and date. net proceeds are to be used to pay $32,000 promis¬ and to complete construction program. bank CAPITALIZATION EFFECT GIVING any First mortgage 1, 7_1 bonds,-, Series A, 5 B, 5laYt 1905, March 63.000 300 shs. 31, incorporated in and was a purchase 1957, there operate 400 shs. Washington on Feb. telephone system. stations 806 were 300 shs. 400 shs. - , in an automatic 20, dial operation. & <110.000 $1001 (oar (par $59) construct, to On Outstanding $300,000 ' - preferred stock BUSINESS—Company scope. ve are currently supply of complete in the fields where FINANCING PRESENT TO Authorized 5'p of systems 1, 1977, at par at days of redemption PROCEEDS—The sory 30 1961. corresponding announced 17 least at at on the company's option at any In¬ published notice as follows: Prior to redeemed be may on 1960. Series maintenance and bonds eate 1. Common stock creation of a systems division expand its operation in the complete design, manufacture, July on The 1682, p. Collins Radio Co.—Creates New Division— company sinking fund bonds, series B, due June (in denominations of $1,000 each). terest Offered— June 7 $63,000 of 51/j».% 20-year first mortgage offered publicly June . <Sc Co., Seattle, Wash., family new a (Wash.)—Bonds Co. Telephone Wm. P. Harper & Son important some undertaken by Coleman. A company subsidiary. Coleman-Kramer, will initially assist United States Rubber in completing the research which Cowiche a aircraft firms and to commercial airports. In return the machine, Coleman will receive a fixed per¬ centage ol' the profit from Fruehauf. Coleman will continue to do all design engineering and some production work on Cole-Vac. sales to the for developing to microwave panion and and will transnorizni probably systems a'an include are now ' o, ana incorporating systems manufacture systems of this of 9m i-->d certain not sort single v include only b ■ mc«uU3 design <*U or s'veral design following: towers and erection "In of primary towers and they addition, the of system, equipment, power as antennas. also may include purchase and installation the the first Not sales Build of of on $2,750,000. a and Lab— Plant New comoany July announced 16 235,000 square manufacturing foot plant at Cedar within the next several weeks. The new facility, which will house the company's fabrication activities in¬ cluding sheet metal, machine shop,; engineering model shop and painting and plating departments, will be located on a 90-acre tract, opposite the Collins engineering laboratory. Occupancy of the new plant is scheduled for early 1959. Completion of the grading and foundation Iowa, completion this Spring. in erties to year At in of lease. On was permit Cedar Rapids which earlier resumption July of of owned facilities > Collins' 8, a 15 different prop¬ of 800,000 square feet, with the balance subject • officials announced that the company construction at Richardson, Texas, a Dallas feet engineering laboratory, at a cost of Dallas immediate 128,000 construction in the organization totals and aggregate in excess represents ' beginning suburb, will the present time, Collins' Cedar Rapids 5,000. Collins operations now occupy of excess square months for for income This is taxes, to the 184, over Rooert Dr. first but p. profit 1197* a half before increase HB'c a with record net. increase in net 1"57 ot reports according $145,000—V. of K. cuuer, r*icsiu« no. 1956. Net profit, after preferred the over 1956 stock dividends, is six-months net first 2624. Daystrom Inc.—Establishes Canadian Mfg. Unit— ing Westphal all Ltd., to handle sales, electronic products Daystrom Westphal, International Division, several "We Daystrom, of William by electronic for of manufacture announced otablishment that it will begin construction six 1956, 36,574,000 Establishment and Mr. This of were provision profit first corporation half $318,000. Daystrom system."- To of the this 685.000, of equipment such as batteries and diesel engine genera¬ of the radio equipment and perhaps other pur¬ chased telephone terminal equipment; operational performance testing of the installed communication system, and maintenance and operation installation the toll lines connecting to the Pacific Telephone 185, p. 2800. owns Cutter Laboratories—Reports Record Net Sales— Ending primary power tors; company Telegraph Co. at Yakima.—V. sideband the including required buildings, well as the selection of the ladlo equipment required to pei-tumi ate expected service; engineering site surveys; construction of access roads and buildings; purchase and the of The subsequent ex- transmission. data and These systems. "Communication half 1959. .series reserves at Fund, July 12. has issued of 1987, approximately 50. Inc.—Gross and Net Up— outstanding. In fiscal 1956, prior to income was $99,483, or 99 cents u share work The p. on last year. stock upon authorization. Commission, York City.—V. 178, New accounted for 23Vo of the past year's volume, up from 217a a year earlier. Revenues from cost-' plus-fixed-fee contracts made up the remaining 77T. Net income after all charges amounted to $118,136, equal after pre¬ Rapids, for .t - finance company, on July 15 instituted a public offering debentures to be issued in various each to L. Morgan Craft, Vicc-Fresiu »: * s . engaged and expect to expand our operations in the lio. p. and Composite communications employs 375 and g .. the Marine at pursuant to said plan.—V. 184, p. 423. $3,680,176 This C. I. T. Financial 000 in made Gross income in the fiscal year ended April 30, 1957 was slightly higher than in the preceding year, T. C. Coleman, President, said on July 18. Net. income also registered a small increase.. Gross income in fiscal 1957 totaled $3,808,877, compared with products these on corporation $200,000 Income taxes under activities those floor capacity a assembling been Chrysler direction ami wT d o coetin m di t.'b fion of through its network of dealers in Venezuela. on York New be Sept. 10 will consider Incentive Stock Option release from pre-emptive rights 50,000 common shares to to issued be duce, for Security gondola of stockholders The Stock & this Consolidated City Products Corp.—Stock Option Plan— Work Stuart Issuance Payment will dividends. accrued outstanding. Certificates Offered—Salomon Bros. & Hutzler and asso¬ Pfd. has called for redemption on July 2.9, 1957 the entire outstanding $1.50 cumulative preferred stock at $20.25 per plus Bond Commission,—V. See in Co. of New York—To Redeem Casualty Midland Trust Co. net , ciates balances, company of g ' 33,116,160 198,213,804 192,220,802 factoring Coleman Engineering: Co., Commission. 9,156,441 shs. 11,000,000 shs. - Up— 1957—24 Wks.—1956 . Composite Fund, Inc.—To Add to Holdings— . value— par share) .h, Sales "'g' purchasing companies ana Murpliey Favre, Inc., their C'ompuny Act unless an This bejnade. Award of per the credit Citizens No public leoflering of the notes lor the notes. $6.20 addition, $0.98 1957—4 Wks.—1956 two the 100,000.000 100,000,000 500,000 shs. None -. value) par Inc.—Current it was announced exceed bonds, subsidiaries owed manufacturers' and part represented by non-negotiable notes, which aggregated $56,102,181. ' (The amount of short-term notes changes from day to day in the ordinary course of business. The amount shown includes $88,110,000 payable in Canadian dollars. xAll Canadian dollar figures shown are without adjustment ior exchange premium of approximately 4.7'<s at May 31, 1957. SThis amount includes $22,100,000 of funded debt of subsidiaries, of which $500,000 (Canadian dollars) is guaranteed by the corporation. lilf all shares of common stock reserved for options to employees are issued, 9,418,086 shares will be outstanding.—V. 186, p. 3. -■ •In submitted the only b;d received liy at par (without (without value stated issue Notes Bring Singly Chicago on July 15 stock Common .; „ Serial Stores, Investment Junior subordinated indebtedness of the Net assets on June 2,622.102 $0.99 share-,- gage bonus, due July 1, ington Water Power Co. 565,000,000 „■...... ... to not Senior subordinated indebtedness of the corporation $2,647,240 2,622.102 outstanding-— 33,000,23G permitting 100,000,000 _ 9' 172,000' 2912. p. The SEC, 38,400,000 ■* . -- > ■ ■ 2,657,000 2,640.000 $2,674,098 shares Composite $14,500,000 88,400,000 by the corporation (Canadiandollars) debt of subsidiary.. Funded ■ Holdings in Utility Firm— guaranteed Superior funded debt of the corporation; Oiitstaiiding L i .... 5,470,240' » 1956, 221,000 Sales ,t 147,100,000 $S$47,100.000 said $171,000; taxes Colonial t$$873,682,000 from said date—.. —7— debt, portion due within one from year 1957, Earnings per common —V. 185, 1>. 2912. 165, 192.220,802 5,535,093 profit Common • (includ- : income —V. year Funded incomei.___ on income on $ than less taxes: Period End. June 15— Outstanding Authorized subsidiaries due of "Notes State (GIVING 1957 31, deferred taxes FINANCING) PRESENT TO Federal •$225,000) creditors' life reinsurance and reinsurance. (3) writing of and lng provision for taxes for • . 198,213,805 : Profit before Provision "r June 15,?5c June 16/56 > . _ Net- sales lesser extent of ordinary life insurance to a CONSOLIDATED . . Net has It company. wholly-owned subsidiaries engaged in and presently expected to continue in the following principal businesses:- (1) specialized forms of instalment financing, including ceitain related insurance and other activities; Stores Inc.- -Reports Higher Profits— 24 Weeks Ended— to its working funds additional furnishing numerous and Colonial t debentures -series for range of any neLproeeed* to the corporation fromwill be used .primarily -ior refunding PROCEEDS—--The and BUSINESS—Tlie filed a registrant Statement with the SEC on July covering $l,750.ooo o/ c nvevti le subordinated debentures,' due July 1, 1972, to be offerel for public sale through an underwriting group beaded by Paine, Webber, Jackson & Curtis and Loewi & Co. The dividend rate, public offer, ng price and underwriting terms arei This 15, any offering the thevsale- of' other debt; subsidiaries, to be' used by them In the ordinary course of business for the purpose of purchasing receivables and for other corporate purposes. The Corpora-; lion cannot presently determine what amounts will be- furnished to particular subsidiaries and wludher such amounts will be furnished by loans, contributions to capital or otherwise. In the first instance, the major portion of such funds will be made' available to the automobile financing and industrial financing subsidiaries. : principully in which at terminate Both projects are the initial phase of the:ca:r?anj1s:Tongplans for facilities expansioh and consolidatioh;—V. 235, p: 2800. $1,700,000. of the series debentures are being offered, to or all series, and- to add or substitute scrios debentures of.other-series which may-be established in the future.» the the Bluffton • 1957 (316) 4 of of July 011 of 15. the service in assembly Canada American was firm's * outlined an expansion program that will lead to the a manufacturing facility in the Toronto area employ¬ people and capable of turning out electrical and hundred instruments are President now Canadian lor established Daystrom. here next Our to step industry. provide will be sales tlie and service facilities assembly of Daystrom quickly as possible. By 1960. we plan to have a large-scale Canadian manufacturing operation in Toronto to supply the growing Canadian market," Mr. Westphal said. equipment, and this will be started Daystrom, Toronto for Ltd., either by has also of customers "do-it-yourself" kits mail order established Duystrom's a sales and Heathkits. service These center in electronic available directly from Daystrom, Ltd., at the service center, Mr. Westphal announced. are or as now products will still be handled in part Westphal said. ."However, Daystrom, Ltd., Daystrom's Weston electronic by will Northern sell Electric, Mr. original equipment manufacturers and handle special orders." Aircraft equipment made by Daystrom Pacific and Daystrom Transicoil will also be sold through Daystrom, Ltd. The manufacture to • Volume 186 Number 5657 — The Commercial and Financial Chronicle ... ■ (317.) i ■ of such highly technical and accelerometers —V. 18G, aircraft and is contemplated 111. p. guided missile items as gyros Empire District Electric Co.—Plans Expansion— early development in Canada, an as This , $30,000,000 Deltec Investment Development S. A. Debentures— See Fire its common Thrift stock, Plan, granted together pursuant with the the to company's 190,000 1957 •" . Stores Corp.—June Sales Period End. June 30— $2,920,471 —V, 185, of uses Inc.—V. ■ Fire 1957—11 Mos.—1956 $2,869,964 $33,786,313 $30,483,502 The 1982. debentures would reimbursing, in between April bentures whole would 1, , net profit ings of of reports •V. for for treasury date the 183, proceeds to generating common for the for the first similar nine expenditures from the made is..-ue of * de¬ period in ended 30, 1957, in fiscal similar which'includes tensive supporting furnace with announced that banks six to annual an to annual to it .aid has arranged in well as cold as rolling and ex¬ electric 30-ton new a mill arc the enlarged based facilities will add current on $50 000,000. The prices. accounts M. loan new sales funds last an 1955, a when 1962, to be tc term the the the due for loan will be and June 30, in semi-annual of new higher of loan he Net revolving term 19 Dunk debentures. sales of June its this 30, and company 1957 for the Upon subsidiaries for $121,519,396. as its amounted to corresponding half-year of Virden, Chairman and President profit for the period was $6,586,156, as with compared $7,459,750. credit completion share earnings are based on the 1.838,044 standing at the close of each period. "The dollar sions of and material Division For of the profit than net also sales $1.92 of 185, of in of $3.58 1956. capital greater a of The stock out¬ decline share a $3,698,980, $2.01 with sales share for the a 2213. p. Period End. June 30— $8,603,966 185, 1957—6 M'os.—1956 $8,053,901 $47,435,492 $42,589,799 It preferred nounced stock, July 17. on tiations with Kayser in Paul Kayser, President, an¬ The board also authorized nego¬ institutional investors for the said of additional the 185 tomers, and cubic and issues of file to B common the registration state¬ of ratio and at later subscribed a headed group connection January, of with El the company filed for a certificate construction feet July cn 5. of natural facilities gas per an appli¬ of public deliver to day to its of record other debentures Aug. on terms of The first date. for the are by White, the 26, to redemption sinking fund interest. Co.—V. common stock and any into April Uranium Corp., Austin, 111. p. Nev. V.'185, 1885. p. Offering Suspended— See converted to but not stock stock after of the (200 shares the close the at company of of Mines, Inc. above.—V, 180. 1873, p. is at the Pittsburgh 30, MrJlpr. NiRrr.al Pa.—V. 135, p. 2214. Net share income For of on the share Net 185, Dec. months for the as in with 1956 series 186, the start at of the regular to car $6,334,315 $6,195,208 being Muhwah, N. 31, 1956.—V. 1957 for was 185, p. of 1957 $1.56 net amounted stock then year amounted to income to $1.40 outstanding. amounted comparable to to period $24,318,last year. $40,500,000, compared to $37,800,000 assembly line final in will built be assembled July on Mahwah. at Corsair at Somerville, Mass. Calif., also started production and, San Jose, Koehring Co. below.—V. 185, p. 1385. years ago. in factory*' Brazil— lo • '■<■(>. e'ro. a B""zii, to expand this ' company's subsidiary, Gardner-Denver of Brazil. S, A., said. plant, is; expected to reach full capacity producing some parts for and assembling drills, pumps, compressors and air tools for mining, construction, petroleum and general industry. The company has other plants-at Quincy, 111.; Denver, Colo.; Grand Haven and Reed stock, Ont.; and City, M'ich.; La Johannesburg, Grange, S. Mo.; Africa.—V. Dalles, 185, Tex.; Wood¬ 1637. p. General Aniline & Film Full scale operation of The installation now Aniline's located. Products pound surfactant company's providing This Of July on 15. and Plants in July 15. on ' ' . production of to FWD net, proceeds for charter and awarded Neenah, with the and 5.15 $250,000 other corporate to are arrangements be for used for, groups; corporate for. additional contracts Wis., The Heineman of of his board the Mr. of H. of part use Meyer Construction the Co., served Mr. building new is member a of the temporarily Franklin Stores . — of the the of Board of Board Directors of FWD since Executive and 166, p. 213,. . Up— 1957—Month—1956 1957—12 Mos.—1956 $2,638,462 $37,519,416 $34,321,871 2913. n. Fruchanf The Co. Trailer Fruehauf, 280't above order In dividend record President, truck commercial its — Commercial on trailer July on backlog backlog 15 Truck on July 1, 195 7 was the Trailer company's approximately on conserve Forms New Engineering Dept. for Missile Contracts— To handle ticularly in steadily government contract work — par¬ missile field—Fruehauf Trailer Co. has formed Development Engineering Department in the and Missile Products Division, it was announced on July 19. Fruehauf, President, pointed out that in June, Fruehauf's Missile Products Division control 186, had booked vans, a were aircraft Research in tile and record $9,300,000 in for missile containers, refueling trailers, and government new missile guidance missile Grosse Development Pointe Engineering woods Sector surfactants in Mr. at Dinkins «d^i- surfactant plant being are in t.anspo.'ted Linden, by N. Ai.moua, it 1 a. ship from J., Oalu. Linden the corporation Fsaanent: 0 . income subordinated debentures, c!uo n„,. •, 1 the principal amount of debentures for' caJi £s j? t in of ' StOck. debentures new the and admitted were preferred Manufacturers trustee for $7,000,000 tures due June stock Trust Co., 5Ms fa- of treat¬ : ; . ' » Inc.,' Co., a $.100 oasis of $140 preferred of par J to the list) of the suspended was York, New cumulative 1, 1987.—V. 185, N. York New Stock dealings irom has Y., been on appointed suoorchnutod income deben¬ 2 .71, p. General Instrument Corp.—Earnings & Sales Up— This corporation on July 15 anno need earnings .position of approximately dollars for three same similar fiscal quarter leiTd quarter a May 31, of in its million a 1957) over the months last year. Sales s ow)G a 24T increase over the period. Current projections for the first fiscal six months, 1956 based first the Improvement an before-iax orders in hand, • Indicate ""o timing prosre s and sub¬ stantially higher •earnings than for the first half of 1956." Martin Eencdek, Board Chairman, stated. Earnings for the firstj quarter this ear were $161,454 before taxes rand $77,454 after taxes, equal to six c nti 1 er share on 1,373,273 shares outstanding, compared with a loss of $84,355 for the similar ; 1956 period.-Sales for the three mont 3 were $7,012,565, compared on with $5,668,079 (he in for rise sharp period the the like period last earnings for this in radio-TV company's section of wider diversification, through acquisitions venr. year's the fi'*st electronics in in dust ri 1 quarter—the low Industry—reflects and niiliuary elec¬ tronics. both and new nrorlrct cte-'elopment, Mr. Benedek stated. This year's figures include 3ales and earnings of Micamold Electronics Manufacturing Cor -, and I. «. Farhy Ltd. of Canada, both acquired after the clov of the first 1959 quarter. They do not include Instrument those acquired of a Radio Receptor controlling Co., interest Inc., in in April, which General 1957.—V. 185, 2802. General Telephone Co. of Indiana, Inc.—Earnings— Operating Operating Federal 1957—Month—1956 $1,839,378- *■$).767.803 revenues 1,125,906 1,074.861 taxes 218,000 241,464 expenses income 1957—5 Mos—1956 $8,976,132 $8,554,803 5.421,59,7 LIBl.OQ'O fj 5,109,243 11218,019 Other operating taxes— 172,287 148.493 COD.61^9 Net operating income $323,185 $302,985 $1,563,920 $1,491,726 249,817 243,223 1,195,676 1,205,349 Net after —V. 185, charges pp. 2914 735,815 j and 2802. General Telephone Co. of Period End. May 31— Operating Operating expenses.—, Federal income Department will Detroit, Midi.— Net operating 1957—5 Mos.—1956 $904,328 $832 657 $4,441,631 $4,026,140 548,003 <P7,452 2,615,653 2,418,869 115,500 ("24,080 545,000 73,394 68,309 338.023 344,603 $165,931 $151.°9'! $843,955 117,611 t^xes— operating Ohio—Earnings— 1957—Month—1956 revenues ill 133 607.572 $717,668 526,017 117,000 taxes of $9,040,923 1957—6 Mos.—1956 $49,538,585 $45,823,234 Ne* after 185, income p. 2913. Gardner-Denver 2914 and 1 by this company of the plant of the Camfield at Grand Haven, Mich., was announced on Co. V. of Leece, Gardner-Denver President, Camfield, , and 2802. General Telephone Co. of the Southwest—Earnings— Period End. May 31— Operating revenues., 1957—Mont'"—1956 expenses Federal Co.—Acquires Michigan Plant— ' charges pp. Operating 185, owner points," expanse"' large storage a of this into Other (& Subs.)—June Sales Off— 1957—Month—1956 $3,643,442 Gifforcl this company's surfactants merger —V. Gamble-Skogmo, Inc. Period End. June 30— ing in the at launching 112. p. Sales —V. distribution step aimed multi-plant • new located V. of increasing the guided Research n'ew Rov steps major Period End. May 31—- that announced Jan. 1, 1957. cash, the directors have declared a 2% stock the common stock, payable Sept. 3, 1957 to holders of 7, 1957.- to Aug. field me°ns subsidiary, was approved by sharehol lers on July 11. part of the merger, the outstandin p •" rr ' "k *' Tenor *1 Cigar will be exchangeable? intd rk nevf'dssu.c of $7,000,000 5!L>:7 cumulative' p. Backlog Up 280% in Half Year— Roy b" wholly-cwncd The $2,827,318 - 185, Important surfactant is "Allpal" and As . Chairman as Corp.—June Sales Period End. June 30— Sales nationwide "Igcpal" another vice where plant 'multi-million ne v II. as a member and this company because of the Chicago <fc North Western Ry. of Kenilworth, 111., to succeed Committee of the Minneapolis <fc St. Louis RR.—Y- —V. and the sc chemicals , Inc., Elected— Lyons capacities. had Lyons of Franklin both in Heineman 1954. in improved tract 55-acre this . The July 16 resigned on Directors of Chairman as elected has the Board Chicago Board duties Heineman Mr. Is en represents program and in July, 15. Co.—Expands Facilities— Edward to will also Chairman of W. unit new with the cot/lone "Igepal" tvpe. Further chemical ment of the "Igepals" produces "Aiipals."—V, 186, p. 5. v purposes. sub-assembly work. Ben this of produced clkylpl are establishment of nonionic for heavy-duty tasks, press facility facilities nonionic The blockword and foundation, and to Distributors, Wis., for prefab work on the new structure, Mr. Larnino announced that FWD, which makes specialized four and six-wheel-drive trucks for transport, ready-mix, highway main¬ tenance, utility, logging, oilfield, flrefighting. snow plowing and other Chairman at In addition, the company is cons ructing at Linden, N. J., an ethylene oxiae-ethylene glycol plant.w" la ,o-al ca-iant" 0' 60 million pounds a year. Ethylene oxide is re cted with alk- pNmrls to form President—manufacturing. of plant California. (N. Y.)—Files— is expanding its warehouse facilities with the addition 8,000-square-foot building scheduled to be completed by was announced on July 17 by Philip A. Larnino, Vice- it surfactant new General Cigar Co., Inc.—Merger Approved, etc.—- company 1, being now expansion capacity the Bulk 1 ■ filed a letter of notification preferred stock (par $500) 12 shares the capital new a Corp.—Completes New Unit—- corporation's occupies part high pns? " new customers Exchange of this City, .Ky,, is now under a \ it was anuoun'-el on July 19 by Philip M. Dinklns. Vlce-President-G meral Manager of the com¬ pany's Dye,stuff and Chemical Division, ' Purchase See two r 1747. Emhart Manufacturing: Co.—Sells Business of Division Gardner-Denver capital the of Letee tlonal assembly per outstanding. of 213. p. corporation The reported dividends, this the 30, division The and J., production on Ford's new mediumintroduced early this Fall. four series in a t->tal of 18 models. be produced Pacer series Four Wheel Drive Auto be dividends, he said. first , plant • the 1957—6 M'os.—1956 $1,443,012 company's of end be are revolving. fund and currently company stock common months $22,500,625 June stock stock the preferred first six of June 30, ended preferred common the 534,741 shares of compared of six period which, after on sales Backlog as the after shares of same $891,145 per for equivalent, 575,967 industry. new new a type suvfacants. "Completion of (Mich.)—Produces Edsel Model— off and involyed., Co.—Reports Increase in Earnings— $1,021,792 of tools, feet GenertT redeemed or- devices. Elliott been • the of The stock common - 1957—Month—1955 contracts. These contracts Al-Kem for air Calvert stock (par 10 cents* to be offered in units,of share of each, class of stock at $500.10 per unit. No underwriting ope a — equipment expansion produces space, is located in a new outlying industrial dis¬ city. consignment of machine tools and other equipment- has shipped from the U. S. and will soon be installed in the new trict and stock company's Eldorado the Gardner-Denver turing and office < * 10, common .. common common produced covering 585 'shares of common deben¬ underwrit¬ an future stated. will The Mr. through 186, of for manufacturing facilltgs there was announced July 3 by Leece, President. plant, containing approximately 22.000 square feet of manufac¬ The on Aug. 15, 1957 all of its subordinated-debentures due . up Mellon Square, SEC Kayser said, offerings to be de¬ proposed preferred & holders 1957, expected to be sold Weld .on of also Foreign Inclusive Tour Experts, Inc. an cus¬ allow company's Gifford V. Registration - See \ Paso's filed to — - ' passenger Louisville, Ky., per subscribe termined in and a separate application to deliver 100 day to Southern California Edison Co. subject to the registration becoming effective, gas stock used Commission for cubic plans, tures not ing Power subsequently feet be In programs. rights to the will necessity million company offer with expects company Federal and million The the expansion with convenience to the August, and that the offering of the debentures stock 'will probably be made late next month. Proceeds current the 1958 Edsel Citation sale, early preferred cation Co., Ranger The pri¬ vately, of $60,000,000 of first mortgage pipe line bonds, Mr. for 1957 be may Edsel signaled The El Paso Natural Gas Co.—Plans $130,000,000 in New Financing—The directors have authorized the filing of a registration statement with the Securities and Exchange Commission covering the proposed issue and sale of $00,000,000 of convertible debentures, and $10,000,000 of ment 14. driven was New first .. . . 2214. first plant for 2913. p. tj pro<*"ctipn facilities at Q lincy, Ili.; Denver, LaOrange, Mo.; Road City, Mich.; Dallas. Woodstock, Ont.; Johannes¬ burg, S. Africa; and Rio de Janei o, Brazil. '• - . Inc., of Green Bay, 1957—Month—1956 Sales pneumatic of Keller Tool became a Gardner-Denver also has Vice- Flshman Co., Inc.—June Sales Off— 185, p. Aug. and compared as or factor." $62,941,006 of factory of the Camfield Conipan.',. which discontinued operations Haven last October, is V^ant and readdy. available for such Other Divi¬ contributing a and company Division Present employment of Keller To-1 ;is f lightly more than 450 people. of the new facilities „dl not increase this total immediately, company officials said. went than Eaton several aggregated Ind., j - $1,382,520 working margins was net or shares other square Acquisition of Executive Trainer, . convertible are Ford Motor Co. with Edison Brothers Stores, Inc.—June Sales Increased— —V. 1 accrued Period End. June 30— months equivalent share a the Purchase . effective Saks a quarter profit six compared year ago. reflecting higher labor said. "The five-week strike at the Eaton's 1956.—V. the or experienced profit Virden March $3,530,924, and of that Mr. the quarter, totaled quarier earnings was narrower costs." in June $60,256,836 June half sales somewhat were Axle not first reason volume the 1956, according to John $4.06 or JE. J. Nobleiville, Corp., Jackson, Miss. called share per (M. II.) previous and Net share 15, ' $122,240,135 C. July plant "in debenture). & Trust priced all of and near Grand Mp. installments $1,000,000 a Spring . convertible and Aug. on Debenture,i Manufacturing: Co.—Sales and Earnings Decline ' a The at 17, have unanimously voted this company of the Reliance Eureka Casualty Co. ani to the manufac¬ » - —V. Eaton con¬ Stores, takes .-aid. July on subordinate by lias bfo $5 $1,000 per September, revolving credit will represent the company's sole outstanding term debt, Mr. Curley said,—V. 185, p. 2913. ended rnd feet square of property will given the company a total of of manufacturing, office, research and storage space in one location, in add.tic n, Keller Tool i prcsentlv operating a small assembly plant ancl a research and development laboratory, at other sites here. These operations will p-obably be transferred to the newly purchased plant, Mr. Leece indieaed. July into merger air debentures The $4,090,009 a 19G0, of Tool Acquisition 143,000 the. i'irst declared was 104,-jc/c business rate added a agreement banks same in redemption convertible the date until called outstanding 4VzrU step, loan same continue corporation this that with is company at The • was repaid by commitment explained approved. $5,000,000 is iq be represented additional The cf Philadelphia rubber outstanding —V. President, arrangement made $4,000,000 September, loan the and feet sqmr e Firth Sterling: Inc.—To Redeem Debentures— year receivable. Curley, the place of The for Department $20 million some Net working capital to carry anticipated larger inventories and to undisclosed an Philadelphia—Proposed Merger— announced on wr.s of Mississippi (par $1), an capacity of 30,000 tons. sales almost Sendzimir new a equipment Eastern expects that John Federated Statement Becomes Effective— in company of of The registration statement file t with the SEC .covering a- proposed issue of 10,000,000 shares totaled $8,841,the nreviou* year period 4,,20u 2073. or First - 195G. the the financing, when anticipated future increase in production and sales. is in the final stages of ts $3,000,000 plant expansion necessary,.its level for in the industry built solely for the pro¬ springs, v Airide springs produced at the Firestone plant will be offered as optional equipment on. several 1958 model cars.—rV. 185, p. 2J13. 1968 corporation on July 1G -additional -$5,000,000 loan with to purchase, y April are property adjoins the main plant of the Keller Gardner-Denver Co. It will be used to consolidate of Keller hoists • agreement an facility duction Stainless Steel Corp.—Arranges Bank Loan— This more division a company's new Airide into full scale production on President, has announced, The Eastern amounted to 2913. p. Co. p. The 2012. p. months nine months of compared with $6,157,141 year.—V. 184, p. 2439. or is The of purpose building containing C8,000 Also Acquires Factory finance after 373. The operations Firestone Tire & Rubber Co.—New Spring Plant— preferred $324,545, program, Stores, Inc.—Unit Expands— contracted Association of approve at provision of $393,-455 for Federal income dividends to $1.48 per share on 258,480 stock outstanding... This compares with net earn¬ or $1.27 per share on 255,996 shares of common after outstanding Net sales its the and available.—V.-134, $382,118 of equal shares sold a facilities, a locker room and laboratory building. Indicated purchase price was Camfield Division The name of the surviving compamy to Reliance Insurance Co. special meeting of stockholder will be called Lcp';. 12, 1957 to voto on the approval of the agreement of merger an:1 change of name.—• Corp.—Reports Higher Profits— corporation taxes, stock 1957. become l>uro-Te*t part, or former is Inclu.el office ■ local 204. p. transfer space. storage Tool 181, change the be proceeds from the issue would be used by Duke part"of the construction cost of adnitlons to its eieetr.c transmission, and distribution facilities and also for the This The Merger— below.—V. bidding. Tne , an adjacent $160,000. "A This company, it was announced on July 16, h".S filed an application with the Federal Power Commission seeking authorization to issue. due has Straus V; The directors, it to debentures Straus & 185, 'Insurance $50,000,000 of Philadelphia the plus space consolidation moves, Duke Power Co.—Seeks to Issue Debentures— competitive attract in manufacturing turing 2913. p. the building that will be most advantageous development of downtown Brooklyn." tinued 2912. p. must build Up— 1957—Month—1956 Sales of and years to property Abraham 1 Diana 185, six plans formerly occupied by the Namm-Loeser Co. in Brooklyn, N. Y., Sidney L. Solomon, A&S President, an¬ nounced on July 17. The property is owned by the Arabec Corp. According to Mr. Solomon, "surveys will be made to determine the shares common next it downtown 212. p. & the sum, company on July 12 filed a registration statement with the covering Thrift Certificates evidencing options to purchase 190,000 of the investors.—V. Association Abraham Employee in Federated Department Diamond Alkali Co.—Registers With SEC— underlying the certificates.—V. 186, facilties new Involved of that reported production facilities. Bank, Plaza 5, de Mayo, Panama, Republic of Panama. This shares month Eureka Casualty Co.—Proposed - SEC this Redeem The company has called for redemption on Aug. 31, 1957, all of its outstanding five-year 6r'« debentures, series A. due Dec. 31, 1961 at 105'v plus accrued interest. Payment will be made at The Chase Manhattan of $18,000,000 from To — earlier company 5 income Other Net $1,715,700 $9,576,700 $8,075,620 1,469,688 1.079 346 6.306.3P2 5,069,349 211,000 2't O"o l,!44.o'oo 1,154,507 145,641 109.569 618,254 517,377 $280,78-5. $1,508,064 $1,334,387 tr.xes operating operating 1957—5 Mos.—1956 $2,121,293 taxes Manufactur¬ July Titus Haifa, 11 by Chicago, - Net after —V. 184, income charges p. 821. . $294,964 198,951 220.E41 1,028,569 1,114,749- ' ' Chronicle.. .Monday, July The Commercial and Financial 6 22, 1957 (?.r.) portion of the proceeds for the acquisition excess will be added to general funds and used fer such corporate purposes as the management may determine. The company was organized under Delaware law on June 20, 1957, by Great Lakes Oil & Chemical Co. for the- purpose Of engaging in exploration for and the production of oil and gas, though primarily By of its exchange ' expire (EDT.i on Aug. York 15, N. Y„ 15, for corporation does not intend to extend the preferred stork offer beyond Aug. 14, 1957. Any Peninsular preferred stock or hereafter deposited for exchange may, upon written The 185, The See May 31, 1957 period a overall sales sales were year ago, for six first the this of months 1956 of the first six months for This represents $3,38 per share "Exclusive of the earnings of our also added, He earnings estimated $5,814,861. were 4'/4S. million show due to Dual mark dollar pointing to record-breaking for a The General Tiro soared over the $200 half-year's business for the first time. In sales, passenger car Securities & Co.; St. Peter's Con¬ —V. recently called for redemption as of July 15. 1957, $10,000 of first mortgage serial bonds dated Jan. 15, 1950 at 100#. Payment was made at the First National Bank, West Bend, Wis.—V, 171, p. 751. This July sales With SEC Gibbs & Hill, Inc., New York, N. Y.—Files filed a formation of subsidiary new a developing and announced been by E. corporation the for rubber plantation President. a purpose Guatemala, in of has planting of high-yield, disease-resistant hevea trees. Clearing of the land and development of the plantation immediately, Mr. Thomas said.—V. fB5, p. 2215. and Two Fraekville, Grace & Co.—Forms Silicon Affiliate— century-old Pechineyy nounced 6tatty giant to firms, W. R. & Grace high-purity produce Co. of New metallurgical French chemical and 15 the formation of a July on new elemental silicon and York and thd an¬ United - is produced from the of one earth's abundant most The United The program which initiated fay Grace one of company will Division, metals the to days. formation the of W. R. of direction concerned thorium this of Development and divisions already as 30 Research under be such led chemical seven Company rare within States Grace's with the new & Davison Hills Gas ical Co. Division acid tons The will of area sulphuric net mining, a oil processing Wyoming of W. have to Grace R. led & Co. plant at Casper in basis 100# acid. plans that indicators Chemical for activities the by with a Chem¬ $2,000,000 capacity a which is scheduled to "on go stream" of 200 July of 1958 on recovered molten sulphur from northwest Wyoming as a material. In addition, spent alkylation acid ancl hydrogen sulfide from nearby petroleum, sulphur dioxide. These refineries, consumers Leonard contact 18a, of the as Grand will well Construction plans 2672. Union as the uranium of of Co. Chicago mills, Will will Co., Co.- -June , $ 32,630,113 186, p. 112. be the the St. principal plant Louis from Mo ' 29,485,070 134,769,625 .) ■ 1957—Month—1956 ™ $ . Period End. June 30— * 32,510,519 $ 169,093,366 1957—Month—1956 $3,355,527 154,444,546 1957—11 Mos.—1956 $3,242,669 $38,127,851 $36,083,21G T-P'lV corporation filed 779,393 shares ofstatement a registration lo 1S57, covering its company of proposes common stock of to offer Great these Lakes with 50c par shares Oil <fc friSr,™ Chemical Stock, and at a subscription price prospectus lists Dempsey-Tegeler & Co. as the The sale of the stock will be used $19,400,000 Hamilton of Welding Posi- Precision New Ilarnischfeger Corp. precision new the to of an 2.0 RPM welding revolving inert RPM face gas dome obtained are offered as which orovides a rigid base for the or working enclosure. Table speeds of through an electronic DC motor with standard A tachometer calibrated equipment.—V. 186, p. 214. Hartficld Stores, Inc.—Sales Up 6.4%— sales for the first four months of the current fiscal amounted to $6,106,916, it was announced on June 18, by Leo President. This total, which covers the period from Feb. 1, 1957, to May 31, 1957, represents a 6.4# increase over sales of $5,737,186 for the like period in 1956. Hartfield's fiscal year ends on Jan. 31. For the month of May, 1957, sales totaled $1,701,271, a 4# increase over sales for May of last year of $1,638,172. The corporation operates 40 retail ladies and misses ready-to-wear stores in California, Hawaii, Oregon, Washington, Arizona, New Jersey Hartfield, ancl New York.—V. 185, p. 2672. SEC on stock Co on for each share of $1.25 per share underwriter. as follows* S»150 ooo by'S2 $200.0°° tor reworking 'and re-equipping the to owned in the San Juan Easin; $375,000 to $400,000 for initial exploration work in connection with the company's properties in Utah Wyoming and Colorado; and the balance will be available for develoDcompany company's acreage in Utah, 15, 1957, its to of its Wyoming and Colorado. The according to an announcement made Laboratories President. acquired, for immediate occupancy, a 2-story fireproof completely modern plant in Los Angeles, Calif., within a short, distance ot it:; other electronic facilities. It has a floor area on July 10 by James D. McLean. Hoffman organization has The of 16,000 sq. turers filed with the SEC an registration statement covering stock.—V. 185, p. 323. amendment an on additional July 10,000 Electronic Products, Inc. (N. J.) — Stock Of¬ & basis. PROCEEDS—The to E-M for will manufacture precision electro¬ for other manufacunits for guided missiles and navigation include servomechanisms, gyroscopes, inertial Department its own laboratories ancl also who require specialized systems. Products will platforms, navigational gear, mechanical fire control systems and precision electro¬ 185, components.—V. Hofmann Industries, p. 2099. -j Inc.—Earnings Up 14%— this corporation thus far in the current fiscal year continuation of the progressive improvement that "was evident all of last year, Henry A. i Hofmann, President, announced on July 16. The fiscal year started on May 1, 1957. v ' . Sales thus far are running approximately 11#/ ahead of the corre¬ sponding period in the previous fiscal year, while net income is approximately 14# otter the same period last year.—V. 184, p. 2117. of Operations are showing a RR.—Reports Increased Loss— Hudson & Manhattan Period End. May 31— Oper. expenses & Gross taxes 1957—5 Mos.—1956 83.767.779 $4,474,706 3.675,047 4.121,378 income— income-- income charges $820,511 $912,384 865,533 839,833 ='$45,023 $72,547 $92,732 10,76.1 14.892 50,974 65.718 $87,439 $143,706 $119,046 121,466 operating revenue Operating 1957—Month—1956 =$3a,253 Gross 151,979 627.149 724,620 $353,328 adjust mt income bonds outstanding in Int. Co., of Plainfield and Newark, N. J., on July 12 'publicly offered 100,000 shares of common stock (par 10 cents) at $3 per share on a best efforts for ft. Hoffman on hands of public 5# at 70,058 70,058 350,292 350,291 $225,777 $134,593 $833,735 $655,865 capital fered—Berry and Department, Electro-Mechanical Net Ilaydu $15,713,052 $5.44 wholh'-owned to be dedi¬ facility, the Income Exchange Commission— This investment company shares $4,651,773 $17,326,474 $1.61 $6.00 Electronics Corp.—Unit to Expand— Non-operating Ilaydock Fund, Inc., Cincinnati, Ohio—Registers With Securities and 2,052,794 42,045 345,650 14.785,570 plate infinitely controlled to within 1#. is 2,115,316 42,000 398,067 16,722,225 759,582 14,065 81.720 3,995,680 Expansion plans for Hoffman Laboratories, Inc., a subsidiary, centering in a new 3-stcry engineering building cated in August, continue with the formation of a new The positioner lenown as Model WP-2-S was recently announced by this corporation, to serve the precision welding requirements of aircraft and guided missile fabricators. One of its new features is an extended stationary table directly A p. mechanical items subscription Chemical "elle to the common for lteo^Sct^^ ShT f0f tht coinfany's stock the an amendment Fund Shares, series series H-DA.—V. 180, the same date filed with the SEC 2914. p. July of Certificates. $17,600,000 of Hamilton Fund Shares, SI.50 share-— 2099. per 185, Hoffman year Great Lakes Natural Gas Corp., Los Angeles, Calif.— Registers With Securities and Exchange Commission— ment on additional an Cumulative 1957—6 Mos.—1956 $ 32,905,960 holders corporation and $4,342,994 earnings-^— 1,059,888 1,350,582 With Colo;—Registers amendment on July 15. 1957, an additional $100,000,000 of 116,220,159 ' Net- Earnings 2672. an covering statement Investment »- income taxes- for Prov. pro¬ distance p. 440. in Grant Co.- -June Sales Higher— Gales bj The the SEC interest-..— - 250,949 $9,502,820 $36,604,082 $32,939,111 715.145 14,000 86,136 4.403,349 depreciation for Bank interest Exchange Commission— Periodic variations $ 185, p. 2914. issuing mist and 1957—3 Mos.—1956 1957—9 Mos.—1956: $0,259,520 $9,251,871 $35,253,500 $31,879,223 $9,561,624 income anticipated the rockets Denver, Inc., Funds, registration covering .02 $ Grayson-Robinson Stores, Inc.—June Sales Higher— The its Hamilton under 1957—17 Wks.—1956 v • Sales 185, to to Sales Up— 1957—4 Wks.—1956 Period End. June 30—- —V. near corporation filed with support . —V. conversion ' Sales T.) for construct Chemical Monsanto « ( W. the in "with said, powered future.—V. 185* p. for tioner Introduced— Period End. June 29— —V. available be acid. unit p. refineries This H-C7 in Gulton Dr. instrumentation operations from Total —V. the in Davison establishing state, radio of other clay, plant, production," of Securities and chemical producers leading nation's the is Hamilton other May 31— Period End (& Subs.)— Decline— Other' income—302,104 Debenture "Radio rely raw V. and of one for industry, model making and aircraft hobbyists. also active in the production of printed circuits, plated-through holes on fiberglas. control and telemetry equipment, will be continued in the duction new Davison Division Building PlantUranium Walker-Gooderham & Worts Ltd. Quarterly Earnings Show Earns the CG wholly-owned subsidiary of Gulton Industries, Inc. as in company's of Acquires Prov. uranium. and Corp.,, a is company Division production and dipentene. These products are important raw materials Newport'.; expanding line of rosin specialties and terpene ' Rosin, turpentine, pine oil and dipentene have large volume use in many industries including paper, paint, rubber, mining, petroleum, resin and adhesives.—V. 185. p. 2914. * Ilevden for chemicals. The company Co. Chemical Corp.—Expansion— corporation control, equipment The Company Grace ; Fla., Hiram not disclosed. will retain its corporate identity, operating Electronics CG producing was the seini-concluctor a — price ,was specializing the in as J. Inc., Metuclien, N. Industries, company Corn, used already < the corresponding 1956 2C14. * Purchase Electronics be to is p.. . six months' period were for oil pine Acquisition by tills corporation of CG Electronics Corp., Albuquerque, N. M., was announced on July 16 by Dr. Leslie K. Gulton, President. has been increasing rapidly highly purified sil'con in France, and under an arrangement between the two companies, the new corporation will be selling this imported material through International Selling silicon Pechiney 185, the for $120,453,778 is constructing a new naval stores plant at Tecapable of processing thousands of tons of stump wood per month, Simon Askin, President, announced on July 12. The new plant which will occupy a 100 acre tract is scheduled for oper¬ ation in the fourth quarter of 1957. The new Telogia plant will produce FF grade rosin, turpentine, CG Electronics— finding large scale use as a semi-conductor in transistors and rectifiers for highly sensitive electronic devices. Grace and Pechincy anticipate that the plant, the location for which has not yet been announced, will be operating, within less than 12 months, and that annual capacity will reach 20,000 pqunds. Demand lor revenues compared" with semi¬ other is sand, materials, operating and Ileyden Newport This said in part; Gulton which Silicon, equal' to G3 cents a share. 1956 of ' of 1957, net income was equal to 55 cents stock as compared with net income in the second quarter common sales logia, Pa. Trigg of months of 1956. first six second the period —V. "Earnings have continued favorable, amountthe nine month period ended April 30, 1957. Earn¬ ings should improve with gas sales up appreciably over last year and the company's net cost of gas reduced by as much as 12#,"— V. 185, .p. 1748v •. ^ ; , conductors. raw in the share Net well as being its as income $124,752*266 # Profits— Co. (Inc.)—Reports Lower July 15 reported for the six months ended June 30, equal to $1.03 a share of common stock, as against company on net $1.18 big to $84,325 for • concern, fn company Hercules Powder This an are 2803. p. 1957. principal stockholders since 1942. The Fuelgas Corp. serves approximately 75,GOO industrial anu domestic customers with LP-Gas in a 150 mile radius of Chester, N. Y. in New York, New Jersey and Pennsylvania from plants located at Chester, N. Y., Bayonne, N. J., Honesdale, Pa., Moosic, Pa., and Y., N. Chester, 185, Alstyne, Noel & Co. outstanding note in the increase working capital.— being used to retire amount .of $1,100,000 and to principal V. 1, 1972, through Van insurance company. proceeds The and have filled the The Fuelgas Corp., all phases of the LP-Gas business since 1933 positions of President and Secretary-Treasurer of in ■ due Oct. note quarter . a actively engaged have been Daniel Birnbaum II. Galion Products, Inc., Galion, Ohio — Note Privately—This corporation, it was announced July 17, has placed a $2,000,000 5!4% promissory For Secretary. and Birnbaum Morris 426. p. on Middlctown, N. Y., has been elected President; Middletown, N. Y., Treasurer; and R. C. Ballard Fla., Tampa, Trigg, • Lapham Lapham, with a-large Birnbaum, Birnbaum, Daniel Employees Corp.—Subscriptions—Of the . r. Hercules Corp.—Personnel—Earnings— Gas 'V'.'.,f# Placed 2215. p. Gulf Cities Mr. (W. R.) 184, " $652,000 5% convertible debentures recently offered for subscription by common stockholders of record June 10, $646,460 principal amount was subscribed for up to and including July 8, and the remaining $5,540 was taken up by the underwriters headed by Johnston, Lemon & Co. and Eastman Dillon, Union Securities & Co., but ppt reoffered. For details of offering, see V. 186, p. 5. "* : Inc.—Earnings Up 20%— a Morris Government 185, . Co.—Lapham Elected to Board— President, on July 12 announced the election of to the company's board of directors. resident of New York City, is President of Grace Line, Inc. and a director and member of the executive committee of Bankers Trust Co. of New York. He is also a director of W. R. Grace & Co.; of Baroer Oil corp.; u. x- "-\ ">i Ixi3>'ran -e Co.; of the Vigilant Insurance Co.; and of the Tri-Continental Corp.—V. million dollar plant and equip¬ for completion in November smaller light-weight stud welding introduced this fall following field tests by Nelson cus¬ tomers.—V. ; Heinz, A. Mr. is now under way for a be to gun will begin y J. H. Lewis in tooling ; (II. J.) Heinz corporation, which manufactures Nelson stud welding products, 9 reported a net income of $347,169—or $1.21 per share—on $6,053,992 for the fiscal year ended April 30, 1957. This ment Organized under the laws of Guatemala as a Guatemalian company, Goodyear Rubber Plantations, Inc., has acquired 3,400 acres of land in the southwest section of the country, which will be used for the company ' working capital. The company's half expansion program is scheduled for Thomas, J. '' as res.ttieu in an increase in shareholders* equity from 1949 to a present level of $2,033,057, or $7.07 per share. George E. Gregory, President, said he would recommend declaration of a 5# stock dividend by the directors following the annual meeting, at which time he would propose that quarterly dividend payments be increased from 10c to 12V2C per share notwithstanding heavy demands Goodyear Tire & Rubber Co., Akron, O.—New Unit— The ■ whim poucv _ , phase of this corporation is the Instrument Division. currently has a prime contract with the U. S. Army Signal Corps and is in the process of negotiating for other prime contracts with the other branches of the Armed Forces. Haydu Electronic Products is preparing a completely new, air-conditioned and dust-free section 01 their plant facilities for the manufacture ami overhaul of airborne and electronic 'instruments.—V. 183, p. 2672. ( . . V, manufacturing. precision . , , newest The The ox $566,381 . establishing 2914. p. I Dillon, increase and design represented a 20# increase in earnings and 21# increase in sales over the previous year, wnen the cornuany earned $290,014—or $1.01 per comparable share—on sales totalling $5,001,138. The report pointed out that working capital increased $201,671 to a new high of $1,433,500, largely as the result of a conservative dividend letter of notification with the SEC covering 1,050 shares ol' common stock (par $5) to be offered about July 24 for subscription by selected officers, employees and stockholders at $34.74 per share. There will be no underwriting. The proceeds are to be used to repurchase or redeem outstanding 0# cumulative preferred stock.—V. 183, p. 1967. 10 185, Gregory Industries, on July will . 1957—Month—1956 1957—5 Mos —1956 ' $8,684,768 $9,316,414 $41,166,455 $41,320,503 Sales— . were on present lease has four more years to run and Haydu renewal options. Work v;ill begin in the next 60 days the size of the building to 30,000 square feet, an increase of 50#. >'• • Haydu Electronic Products is divided into three basic divisions. The Precision Products Division is engaged in quality and precision ^manufacturing of intricate machined component parts for the elec¬ tronics industry. ' ' • The second major activity of the company is the Industrial Gas Burner Division which is a well-accepted product line representing the culmination of .many years of research and development work in The three 5-year lias to the authorization (II. L.) Green Co., Inc.—June Sales Off— at annually. gondola and hopper cars esti- offering arc Drexel <fc Co,; Eastman and Stroud & Co. Inc.—V. 186, p. 5. the in Participating tire."—V. 186, p. 214. German United Evangelical Lutheran corporation ;lV? & is to be secured by 725 box, issue Union gregation, Chicago, 111.—Partial Redemption- The ■. Equipment Trust Certificates Hutzler and associates on — Bros. Period End. June 30— There V-I"' .mated"to cost $6,242,000. to the record, Mr. O'Neil said, "All our divisions continued gains. Our tire division is well ahead in sales over last year the widespread acceptance of our outstanding twin-treaded 90 ' 7'' Interstate Commerce Commission. of the its . " ' V./.W ' of the certificates are subject - Issuance and sale t period." With \ 'July 18 offered $4,950,000 of non-callable 4V4% equip¬ ment trust certificates, maturing semi-annually, Feb. 1, 1958 to Aug. 1, 1972, inclusive. The certificates, priced to yield from 4% to 4.30%, according to maturity, were .awarded to the group on July 17 on a bid of 99.077%. Halsey, Stuart & Co. Inc. bid 99.05# for the certificates, also as Mr. $177,796,438. were Ry. Northern Offered—Salomon six the for company of 1957 of common stock. wholly-owned sub¬ sidiary, RKO Teleradio Pictures, Inc., which we have been showing In our consolidated statement only since Nov. 30, 1956, our earnings for the first six months of this year are ahead of the same 1956 that said O'Neil ':!■ • Chemical Co.—Proposed RightsNatural Gas Corp. above.—V. 183, p. 2537. Lakes Great Great Record Sales— months ended $205,968,169, an increase of 15.8# over the same William O'Neil, President, reported on July 15, consolidated ' corporation are the of offices 1426 West Front Street, Plainfield, N. J., in a modern, building of approximately 20,000 square feet. This location is leased from Tangor Realty at an annual rental of $9,000, plus taxes, insurance and maintenance, which amount, to approximately $3,000 that Rubber Co.—Reports & . and! executive facilities Production located 2914. p. - General Tire • . one-story , • the exchange agent, be withdrawn up to the time 80# of ell Penisular preferred and 80# of all Peninsular common have been exchange.—V. . Authorized 1.000,000 shs. Corporation. Great Lakes Oil & request to for " W. ■ heretofore « 1C cents)—.—-—- stock, (par Common Outstanding shares (952,591) are owned and of Los Angeles. Charles S. Hale is Board Masters is President. Both are officers of ''.---.. Chemical & and -Edward Oil & Chemical. exchange deposited Oil by EFFECT TO PRESENT CAPITALIZATION GIVING ♦ .v, i; " >. _ any All its presently gas. held Chairman agent. FINANCING ? Outstanding 380,000 shs. BUSINESS—Corporation was organized in New Jersey on June 26, 1956,-lor the purpose of acquiring the major portion of a business known as Haydu Brothers of New Jersey, a subsidiary of the Burroughs V. a use interests; additional of Penin¬ stock and cumulative preferred stock of Although the exchange otters were due to common Telephone Co. 1957, they have been extended to 3:30 p.m. 1957. The Bankers Trust Co., 16 Wall Street, New 14, Is of shares for sular July also may company Corp.—Exchange Offer Extended— prospectus dated June 14, 1957, this corporation ottered shares common stock and 5.28# convertible preferred stock in exchange General Telephone expand the net proceeds company's are to be operations. used Any working capital and other corporate purposes. for tooling balance will purposes be used deficit -Exclusive — of interest on NOTE—The 1956 figures, adjustment income bonds. as shown in this statement, do not reflect estate and special franchise tax reductions, and not made until June, 1956. If the applicable portion of the adjustments, amounting to $26,836 for the month of May, 1956. and $133,341 for the five months ended May 31, 1956 were related back to 1956 the net deficit for May, 1953 would be $107,762 instead of $134,598 and the net deficit for the five months of 1956 would be $522,523 instead of $655,865.—V. 185, p. 2914. adjustments for real interest which were Volurre 18G Number 5657 The Commercial and Financial Chronicle ... (319) Horizons Inc.,-Cleveland, Ohio—Research Contract— Trtite • corporation " ii Wrigli.r A-r peyfcloptfknS' ferroelectric devices, rrhxs Ceh(fr completed Air apd the for consists vices: specificaky ferroelectric a cf investigation and d-ree* xhsi lt D-velopment the amplifier, a This is .met .continued a %& & Wright memory storage system. %e\sevv-4• '-con % tor of Center < Horizons ' combined in program device evaluation, with the high reliability military equipment.—V. 135, p. I en of the Period End. May 31 - producing on 937, 37,107,133 23,977,890 Operating /expenses..;— Federal <jj income taxes 22,537.000 4,246.772 25,043,009 income 4,983,033 charges.—_t_ 4,511,168 —V. 185, in 917 21,901,763 22,766,347 operating six for rental & six six months six 19,822,606 customers of months ended the after. taxes Light Co.—Registers With SEC registration statement covering a proposed public offering of 60,000 of cumulative preferred stock (par $100) was filed with the SEC on July 18:* Lehman Brothers, Goldman, Sachs & Co. and The First Boston Corp. will manage, the underwriting, group which will the .securities. . . Net proceeds from primarily to repay construction program. ••• Indianapolis sale . of short v sole term of the bank loans stock incurred will in the be June Co. „Ss- engaged Marion the in County, sik is Indianpolis, -the largest city in the State. During the last'five the company and its wholly-owned utility subsidiary, Moores- years, viJle Public Service Co., $71,304,000.—V. : 185, Inc., have made net property additions company" on mom. s for $1:58 share c year of per, ago;' Steel Co;—Bonds Offered—A a nationwide un- & group of 103 members headed by Kuhn, Loeb offered to the public on July 17, $50,000,000 ol: Co. at par The card and series the books closed. issue K carries' 1986 and the company principal redeemable at its option during each of sinking fund at the such beginning July 1, 1967, at .to par two years prior -to 103',2% each help tin an ce which The redemption maturity, $1 500 bonds will the', option at prices plus ranging accrued proceeds Inland involves Steel's estimated an from F-e sal* of construction expenditure bond# - and of improvement approximately tons net capacity of the prbvement heaTth of program furnaces, a facilities which will increase annual blast furnace tion by approximately 300,000 net tons; construction building in downtown Chicago; and development of improvements to plants and facilities. of program A ' '.BUSINESS—Inland/Steel United. States. land's .steel, .is Its the States. is Indiana fourth the eighth largest steel producer largest the sales year and 1956 other $52,999,000. purchase, to severally, the Kuhn, Loeb & Co C. Allyn & Co., American of revenues ' . named has company • and .- below have to agreed - sell 36,550,000 500.000 oimston, Lemon — 500,000 & Co. Joseph, Mellen & Miller, Inc.; __ 100,000 Kidder, Peabody & Co. Kirkpatrick-Pettis Co._ & :— 250,000 Ladenburg, Bacon, Whipple & Co._ 350,000 Robert W. & Co., Inc Co._ Baird & Burge Barth J. Kraus— & & Co — A. G. Becker & Co. Inc. Blair & Co. "William Ellis Blyth & Alex. H. Inc.— Blair Blunt in United & C. Langley — Republic & 250,000 500,000 & Brothers Lundborg Laurence & Marks M. A. • Co. ' R. Dickson S. •Inc. E. Masten 500,000 & & Co.—— Dillon, 1,750,000 500,000 550,000 Union Co.—— Co 100,000 175.000 Estabrook First Boston First The Corp... 350,000 1,750,000 Cleveland Corp. Michigan Corp. Fulton Reid & Glore, Forgan Goldman, 250,000 America, that of 175,000 Jackson tenseh, Prescott, Co., Inc. Shepard F. & Renshaw— Rothschild Salomon Bros. & •' 175,000 GardnerCo. 250.000 175,000 200,000 500,000 & Shuman, Singer, 500,000 & Co. Company—— Agnew & Deane & Co. Shutts, Barney & Co. Co. & & Noyes Hooker & Fay Hornblower Howard, _ fund primarily interested Weeks— & Weil, conjunction in by Investors Hutton Share & Co. Indianapolis Janney, Inc. Stone Co. 350,000 Bat¬ & & G. & Chairman 185,'p- White, & Weld & Co. & Cohu from: of the the of on Dean Witter & Co main real of including line Buildings space. Rail¬ Pennsylvania the of estate. office Rail¬ concepts in automotive styling, new glistening aluminum instrument, cluster indicating the infinite variety of possible with aluminum, were among tha effects, colors presented. presentations, conducted aluminum, for the also wera stylists is car named the Piedmont.—V. 186, 6. p. • ■ 'v *• » . , * V ^ % ' Steel Corp.—Sales & Earnings Rise— 30— r # f 1957 t 1956 , «j> ' sales— income— on $ 111,774,464 21,023,487 — — 104,553,502 18,421,188 6,115,000 6,685,000 14,908,487 350.000 11,736,188 $3.31 to carry 550,000 shares stock in of $4.24 common stock in 1957 and 3,200,000 1956. Ashby, Construction next 186, is proceeding satisfactorily $194,000,000 year, expansion the expansion 214. p. will on program. virtually the company's previously Scheduled for completion Kaiser Steel's capacity. double of July in the construction the on at company's plant in Battle Creek, Mich., ended almost unanimous union vote for acceptance of the two-year contract. shipping of the boxes of cereals in the warehouse in Battle with The an started July 15.—V. Kern program strike 39-day 13 proposed Creek, latter half employees were to back work on 2672. p. County Land Co.—Oil Royalties Up 3%— royalties of months of gross Immediately and all 185, oil Gross from lands in California for the first up $259,000 or 3% from the period of the prior year. Royalties May were $1,837,000, compared with $1,820,000 for year ago.—V. 185, p. 2804. 1957 $9,099,000 bonds naming month company $9,958,000, were for the 1957 company's treasury the connection in same State of is New an electric Jersey. cities, It public utility retail program. of New Jersey. It also furnishes municipalities and R. E. Cooperative. of the $35,922,047 bonds, year and operating electric 1956, the Weld and & of the $2,150,000 Coffin Paine, Ira Webber, Jackson 1,600,000 & Tucker, Anthony & R. Company 186, p. 214. in L. 1957—Month—1956 1957—5 Mos.—1956 • * $1,837,000 $1,820,000 $9,099,000 $9,358,000 2804., p. ' ' east cen¬ service Kinney Co., Inc.—June Sales Up— Period End. June 30— 1957—Month—1956 Sales —V. $5,276,000 1957—6 Mos.—1956 $5,030,000 $26,255,000 $23,733,000 185, p. 2915. Koehring Co.—Buys Press Division— Negotiations for & the sale of the business and inventory of the Henry Division of Emhart Manufacturing Co. to Koehring Co. completed, subject to the approval of the boards of directors two companies, according to a joint announcement on July 16 Wright been the of Sixtep by President Wollmar,. President Koehring Co. F. of of Emhart, and Julien R. Steelman, the decision "The 1950 had total operating 1987 to sell the Henry & Wright business was taken," Mr. Wollmar said, "to make available the total capacity of the Henry & to meet increased demands for the expanded line of products." The sale in no way affects Emhart's V & O Press Company Division in Hudson, N. Y., and does not include any part of Wright & Ohio Haupt the plant Henry & of the Co.__: Burr, Inc Co.— & or major equipment. recent new developments and acceptances Wright dieing machines has resulted in a line whicii Henry & Wright press business an attractive and com¬ addition to our Hydraulic Press Manufacturing Division. Henry makes the plementary & Wright plant explained Steelman Mr. series of the 1987 bonds which 1,600,000 There 1,300,000 & will Wright be Co 400,000 Cunningham, Schmerlz & Co., Inc.-^ 200,000 Co., no change dieing machine, (S. S.) in he the dealer added.—V. representation 185, p. for the Henry 1994. Kresge Co.—June Sales Lower— 200,000 & & 750,000 Kormendi 1,600,000 1,600,000 Day the electric purchasers Werthtim The gas Emhart company Equitable Securities Corp. 2,000,000 Curtis wholesale several the Co wholly service net income of $5,295,492. names & ; (G. R.) have 59 townships and two towns parts oil royalties 5)8% coupon were Halsey, Stuart & Co., construction renders 66 boroughs, County Land Co.—Royalties Increased— from Revs, a the repayment of short-term and with the a Period End. May 31— j • incurred of month Kern financing will be applied to the construction program, including the reim¬ American Securities Corp. 1,600,000 —V. same the from company's of the four & the the - the proceeds Shields 150,000 L. stock common on 3,249.500 common Viee-Fresident and General Manager, stated that production at the Fontana steel mill during the last quarter lia3 continued at a high rate with an average for the first six months of this year of 106.5% of rated ingot capacity. bidding, of $5,000,000 principal amount The proceeds will be used to liquidate principal amounts of they have agreed to purchase are as follows: w share per 011 of Jack July 17, announced statement with the a series 250.000 1,000,000 — 140 acres siding. areas, ■ •Based Financing— Board, Kidder, portions of four or White, & Stet¬ son of # ♦Earnings Eastman PURCHASERS—The 250,000 200,000 Co third < Kaiser shares 1994. for bids EARNINGS—For 200,000 Co.— the of projected cars of the future were displayed dramatically in full size and color by means of a all-aluminum —V. 185, revenues Dann _' Walker in begin by Kaiser Aluminum's automotive industry sales group and Industrial Design Department, was given not as an attempt to influence specific design trends, but to simply suggest new areas in which aluminum may ba used to greater advantage. The presentation featured renderings of six basic passenger car designs ana Wds ciimaxea .by the projection styling of an ail-aluminum car, as conceived by Kaiser Aluminum's Industrial Design Department. for 17 runner-up 101.21; with Mc¬ Co. H. to Net earnings Power & Light Co.—Bonds Offered— BUSINESS—Company all 175,000 i Adams. expected renderings stylists series the with bid of 100.57%. a within Se¬ Inc-—__ Co. Common, surface before Federal taxes Federal taxes on income-, 1 com¬ Peabody & Co., 101.5399; Dillon, Union Securities & Co., Salamon Bros. & Hutzler and- Merrill Lynch, Pierce, Fenner & Beane (jointly), 101.09, and Lehman Brothers and Blair <fe Co., Inc. (jointly), 100.829. The 1987 Series bonds will be redeemable at optional redemption prices ranging from 106.57% to par, and at special redemption prices receding from 101.57% to par, plus accrued interest in each case. 150,000 1,000,000 Dowell Vietor, Winslow, 175,000 Co & Webster Corp. Blosser Weinress & 100,000 & 186, 113. p. Straus, 500,000 Bond & curities Stroud 175,000 Inc. Corp. Dulles Starkweather 500.000 Mr. Kellogg Co.—Strike at Battle Creek Settled— to Co. us to begin production of would have had in acquiring we said newly-developed wide angle projector. Samples of textured "models- and prototype aluminum automobile components 1516. p. tral 500,000 in Syndicate 100,000 Labou- isse, Friedrichs & Co. Illinois the —V. offered issued 250,000 & will be used its Stainless for die cast integral wheel-brake drum assemblies, with sweeping lines, richly textured aluminum risers, ideas new Life-like to seat anodized and announced is being are certificates 30-year .bonds. bank borrowing and bank loans 1,000,000 R. Staats & Co. panels Earnings made was 250.000 100,000 shares The first public offering of — Smith, Moore & Co Smithers and stimulating Net - F. 250,000 1957, Fund, Inc., Minneapolis, William 500,000 Co. Co & 15, 15,000,000 population of approximately 530,000 (according to Census), located within 10 counties in the north central and S. buildings, President, ' (par $1) of this Fund at competitive 1957, July bursement 175.000 Smith, and metal the Six Months 'Ended June July on syndicate managed by White, Weld & cost Scrib- ner an Co. 1749. p. covers, body The emphasis. Fund 185, PROCEEDS—Net 550,000 & reached Berkman offered Hutz- & deck and unique Minn.—Registers company expects to file a registration and Exchange Commission for an offering on Inc., 500,000 Marache growth the of company.—V. received & ----- Pressprich & Co. Reinholdt & L, Payment mortgage .Four 175,000. Inc. W. L. the the on 500,000 Peters, Writer & Chris< and allow are building with 185, and ; $15,000,000 of first mortgage bonds, 5% series, due July 1, 1987, at 101.563% and ac¬ crued interest, to yield 4.90%. Award of the bonds was won by the underwriters at competitive sale on July 16 175,000 Webber. feet, with main connect / Co. 175,000 250,000 Curtis has Louis equipment Adams, delay operations steel, The ■ Jersey Central An underwriting 1,750,000 The Paine, will buildings," square four are extruded five Newhard, Cook & Co.— — land C. exhibited. 1957—5 Mos.—1956 Southern Utilities Co.—Plans August, of' 250,000 Stone - of $24,9<sl,829 $2o,219,i^8 the SEC an amendment investment installment Inc.—V. temporary 200,000 R. with it The Co., with headquarters in Steubenville, O., its Superior Steel Division on the property. J&L will acquire buildings with a total area transaction, 260,000 panels Farns- & Co. that of rolling exciting vision of imaginative hoods new 250,000 Northwest Co.— of flat Avery property Berkman sidings The 500,000 & liled gross proceeds Kaiser Aluminum & Chemical Co.—New Products— . investment an 1,000,008 Hentz —V. — 1,000,000 Hemphill, tles, represented $5,506,2o9 ' of lesser. is estimated that announced property without the actual nearby.—V. An July 11 by Edmond H. Farnsworth's enlarged and of 1957—Month-r-1956 $5,217,996 $300,000 whichever is taking full advantage of the versatility of aluminum, has been given to the nation's leading automobile stylists by Kaiser Aluminum & Chemi¬ cal Sules, Inc., it was announced on July 16. Three-piece retractable hard tops, roll-down doors and roll-away Stores, Inc.—June Sales Down— -' produce i it con¬ . Variable shares The first Shield Stuart Havden, to on Mutual, Inc., Minneapolis, wi(h face-amount 150,000 Ohio that structural ^ mutual new stocks Securities 1,000,000 Inc. E. This mon Edward Scliwabacher & Co.: Inc. The report 2448. Shares Offered — Iowa 250,000 Harriman Ripley & Co., W. ■ 550,000 1,000.000 175.000 H. 100,000 & Co. Sachs & Co. Hallgarten & Co._, Halsey, road road 2915. p. of 1953. Louis the of to constructing of of shoe June 24 through on 1,000,000 Moseley & Co Pacific this steel sheets about inventories tract in Fort Wayne, * corporation's Farnsworth the by No will shares, prices, 15 certain according of and There Investors Diversified Services, Inc., as distributor, at net asset value, plus graduated sales charges of 7Vz% to 1 Vz% of public offering price (based upon amount of purchase). 100,000 Co., Inc. Granbery, In of > shares of capital stock 1,000,000 Hutchins Rodman 100,000 First of Minn. Co., _ J Co. 350,000 Co Parwell, Chapman & Co. The & : Mitchell. i 1,000,000 Emanuel, Deetjen & Co. & finished of July on purchase installation added The 71-acre a plant, new $175,000 Mullaney, Wells & Co._ Co., 150,000 & Beane & Turben F. S. Drexel Elworthy Fenner Moore, Leonard & Lynch Morgan Stanley & Co. Dominick_ & on dedication The Indiana, Investors Pierce, 100,000 & Securities Lynch, 175,000 & them, 100,000 Co.__ & Read & Co. Inc. Eastman Co to for textures its registration statement covering an additional capital stock, 50c par value.—V. 183, p. 2293; 350,000 350,000 Co Co.— & Inc. 350,000 Dominick & 185, 175,000 Co._ & & McDonnell Merrill, Co.— 22 Dillon, in 185, p. 175,000 Inc ;——— ——• Skaggs He 250,000 McCormick 150,000 Co. Cruttenden,. Podesta Davis, of annual Telegraph Corp. 1958 market on such acceptance paid per share as of acceptance and the greater number of shares date divisions. these announced price severally , to & Co. Mason-Hagan, McDonald Co.___ & to 100,000 500.000 Dodge * 1,000,000 Irving Merrill — Collins plant April, closing of Division, site a of $2,500,000, will This corporation of : Co. — inT Co. 1.000,000 Sons— net Lehman Securities Julien the net ; was the at laboratory. Investors ■ 150,000 350,000 & Clark, in is —„I———- V. : 100,0J0 1,000,000 350,000 (Inc.) ultra-modern than 5,660 or current the certificate. offering O., near Canton. property, wnich consists J&L are reduction the between stock this corporation Tne 1 500,000 500,000 Byllesby Corp. of The the Louisville, stainless for a ' Period End. June 30— Sales 1,000,000 Co.— & .(Inc.) Central at levels, the report ago consolidation in below to agreement by been running ahead of the same sales period good second half of the year," they announced. " Interstate Dept. In- of 550.000 * Carolina the $2 j Co.— Inc.—— Brown M. a Division, President sary.—V. Thalmann Co. sale "Purchase the hazard Freres & Co.— Lee Higginson Corp.—_ Simmons & Co., & W. Co., 250,000 Ball, 1 months. year is Jones & Laughlin Steel Corp.—Buys Ohio Property— be the division's third in Fort Wayne and increasing- total floor space from 420,000 to c80.00j S'-iL.ai'e -feet, with, ample loom, for uurtlier expansion as neces¬ subsidiaries Bache Atwill to divisions. mentioned functions ' 2216. and fourth its • principal amounts of bonds indicated below: — Inc. %—— its $731,768,000 the Securities Corp. and company underwriters and respective A. the ' UNDERWRITERS—The agreed six same price amounts This ♦ With Securities and Exchange Commission—:- consolidated of line sales program have fall for than more . EARNINGS—For come principally general We expect remodeled ' had wita compares reduced $5,000,000 below will be completed Leavey, properties plant, which produces all steel producing plant In the the for $51 , - ,, . non-sales « produc¬ Harbor i'his ji. of the around purposes. Since the funds will be received in relatively over a period of approximately two years, it is im-,..' state any particular purpose for which the proceeds will 4 used.—V. 186, p. 214. be machines reported_ net income of $5,295,509 iVmv date formerly had operated were p. new Ind., — . 6 those under at corporate possible compared with $136,084,356 for the same decrease of about 2%. The shoe industry reported a larger the Electronics general office a mining and processing and $1> ipar Exchange on the day the application to pur¬ by the company (or $2 below the most company, then on the small to , International Telephone & $280,000,000 iron sales worth Electronics Division to Expand— used open tering data eral . income* net outright employees stock price 'estimated a the 5,660 shares covered by the offering will be approximately $288,660. All amounts received for stock issued under the plan will be added to working capital and will be used for gen¬ "This program, which will be completed early in 1958, has proceeded schedule and results thus^ far have frilly met expectations," Byron A. Gray, Chairman of the Board, and Henry H. Rand, President, an¬ last year. new slabbing mill, a new'cold rolled mill, with an approximately 425,000 net tons, and additional sin- J of and , , reported the its to common au purchase the under the to floorboards by the end of 1958, raising the annual 6,300,000 net tons. The construction and im-. includes construction of three new 315-4on capacity the from sold of quarter was. due a1 —V.' 185, to initial accounting ended - ingots plant 1957, offered of Plan accepted record issuance be from This change, amounting to $1,186,$4,892,021 for the and ' 30, the method. taxes 1956, derived from the Stock is r'« the of "Orders •.' be during the three-year period ending Dec. 31, 1958. The program contemplates, among other things, an increase in the annual steel-making capacity of Inland's Indiana Harbor, Ind. plant of approximately 800,000 1956, from be of Based on interest will 1, 22 shares prior sale price if there should be sale less an amount equivalent to the dividends proceeds computing nounced.- the of of part ; case. 'PROCEEDS—Net to additional an years. and par of plan York stock dividend date $133,620,734 of "This, solidate • mandatory sinking fund of July 1 from i960 through redeem may amount for * each on company, in - is ; annual an each . in June Purchase corresponding period a year ago. Earnings were for the six months period compared with $1.63 a year< Inventories, stated. stocks ' 4%% $1,500,000 principal amount of bonds 000 -I bonds, series K, due July l;11987, and accrued interest. This offering was' oversub¬ scribed after 30, to.them.- 2%decrease in production * derwriting first mortgage method 1957. June Federal $68,115,120 will its years-digits June before with the ; t Net sales ; period last- Inland the income ended July period $5,482,693 ' 2672. p. recent International Shoe Co.—Sales and Earnings Off— The and which in 1957, produced since Jan. $2,801,273 punched 30, that New such Steel company's generation Indiana,' 30, months includes Of of net ended the chase 1956, Stock a Under on date) June compared changed of share. per share a Co., Inc.—Slock Offered Employees— corporation on subsidiaries 5,66'J its terms used = Light & throughout $3.03 , * . preferred . Power electricity located f'' , the equal to Secondary Offering Oversubscribed—A secondary of¬ fering of 14,600 shares of capital stock, (no par) was made on. July 15 by Merrill Lynch, Pierce, Fenner & Beane at $358 per share, with a dealer's concession of $7 per share. It was quickly oversubscribed.—V. 185, p. 2915. 1 A shares offer ended $83,039,707 period. sum reduction a previously under lease . monihs to machines the to the for For p. 2915. Indianapolis Power ' split-up of May 7, 1957. the amounted line resulted 17.525,156 3,777,010 straight 20,366,000 18.746,943 Net after depreciation 34,792,380 132,408.738 170,139,736 23,157,801 116,081,786 110,346,817 3,531.807 Jewrel Tea The $40,061,507 was taxes, Thcmas J. Watson, Jr., President, corresponding 1956 During 1956 the corporation $ 3.856,000 taxes- Net $ 4,408,000 operating for taxes the 1957- -5 Mos.—1956 S\r. ' . 3,738,210 Other income income 1957—Month—1958 revenues-11—. income outstanding June 30, adjusted for the 100% Co.—Earnings- $ Operating net corresponding 1956 period was $31,868,620, 10,502,237 shares, the number of shares Net Illinois Bell Telephone 1957. reported oh July 16. This is equivalent to $3.47 a snare on the 11,552,460 shares outstanding after the 100'*. stock split effected May 7, 1957, and the 1.050.223 shares of additional stock sold through the rights offering which ended June 10, 1957. Net income after taxes for Inc., both materia) goal ended June 30. mouths after e^tmrted Federal income investigation of three important de¬ frequency tripler and a ferroelectric a the six For / f previously work by International Business Machines Corp.—Earnings Up— the through investigation 7 Inc.— Period End. June 30— 1957—Month—1956 $ Sales —V. 186, p. 7. $ 28,857,362 — 29,327,798 1957—6 Mos.—1956 $ S 157,815,445 154,807,50* The Commercial 8 Financial and 1957—~6 Mor.—-1950 $11,653,280 $13,008,551 $68,703,780 $71,346,171 1057—Month—1956 Sales —V. 185, 2irt5. p. —The on July 16 stated that sales and profits beginning Nov. 1, are running substantially ahead of the preceding year. The company's new drug "Inferon" for the treatment of Anemia, is receiving an excellent reception by the trade, Evan P. the year added.—V. he President, Helfaer. fiscal 1C6, hotel —V. 185, 1957—6 Mos.—1956 2915. p. //V',; ■ Inc. Investment The corporation of its 6% Corp.—Partial called has for redemption debentures due Feb. v-y:; v.; tioned Leliigh Coal . Cos Angeles, Calil. Navigation Co. & Redemption— To — Divest Itself of C. Millard that, President Dodson, C the of in ntral this of the Jan. and company, The 1957. 29, latter, St.. T. lease hotel. operating has U m executed for the acquisition by Central Railroad of Pennsylvan a of the Lehigh & Susquehanna RR., the Nesquehomng stock Common of costs GIVING (par landlord. the EFFECT for used proceeds net Valley RR., the Tresckow RR. and the Wiikes-Barre <te Scran ton Ry. All of taese ■ properties have been operated by the Central RR. of New Jersey for im re than 80 years under a perpetual lease from the Lehigh Coal <fc N ligation Co. Mr. Dodson and Mr. Moore pointed out thiat consummation of the transaction will be subject to the necessary corporate approvals and subject to rulings by the Treasury Department and the Interstate Commerce Commission. In regard to timing, Mr, Dodson stated that he is hopeful that a closing date before Dec. 31, 1957 might be achieved. Madison and July en 11 - involves transaction The several legal steps resulting the in owner¬ ship by Central RR. of Pennsylvania of fill oi the stock of Nesquehoning Valley RR. Co., which will acquire most of the remaining properties subject to the lease lrom Lehigh Coal Navigation Co. to Central RR. of New Jersey lor a period of 35 years. The annual rental which the Central RR. of New Jersey will pay to Lehigh is $2,283,482, which is a slight reduction in the rentals presently being paid. The Lehigh Coal <fc Navigation Co will also sell its railroad company. The Lehigh Coal «fc Navigation Mr. will Co. Dodson divest itself receive explained of total a of $3,510,377 at prerequisite to Lehigh's broadening its corporate powers which is for its program of diversification. Lehigh will, however, retain its ownership of the Lehigh <& New England Rtt.—V. 185, p. 2333. —V. Sales 1957—Month—1956 six six earnings $14,279,561, ox equal to $2.74 share, for $3,538,892 period last year the company earned'$15,084.<*65 or $2.90 The report indicates net earnings of $1.16 a share in the compared of months 1957 reported i.ere this lay company the July on 15. share. a second quarter as a aiusfc $1.19 Bales for the due year, orders, glass 12 to from low-wag* low ta.i.t ra The half-ye^r last in first 'six domestic European ; report markets by foreign encouraged by countries • showed Federal tax provision against $4.00 a share in the for,, depreciation, amortization and year moot of s the .a"mt in of , fhin icial Provision year. the $8,809,903 and es. thii sir*re per invasion Asiatic . quarter last year. same totalled $118,732,939, a decline of corresponding period of the previous housing starts, reduced automotive glass continued t w sha're in the a 1957 the fewer current $3.73 of from ' larger/ and half first approximately 1957 period totalled last $9,788,430 year.—V. 185, operating and Star Trust fered— Fetersnn offered Co., Inc., Houston, & Co., also 100,000 shares of of with 43c June PROCEP I/i- -7 hi njt will be first and 1957 furniture: and of Of¬ April on 30 the by corporation in the laws of Houston, :asing notes and accounts receivable pure from other corporal ions. BUSINESS—Coat the any Sta.j chartered was of Texas, with as Texas a offices at corporation 3511 South under Main St. Texas. Under the of terms its charter, the company is authorized to accumulate and lnau money; to sell and deal in notes, bonds, and securities; to act a; trustee under any lawful expressed trust, com¬ mitted to it bv contrast or will, or under appointment of any court having jurisdiction of the subject matter, and as agent for any performances oi a y lawful act; to subscribe for, purchase, invest in, hold or as Ign. pi due and otherwise deal in and dispose of shares of capital stock, bond;, mortgages, debentures, notes and other securi¬ ties and obligation, porations not to borrow the contract competing money above purposes with issue or and evidences each other debentures six the in for of indebtedness same carrying line out of of any cor¬ business; all or GIVING EFFECT for (.par Lynch Corp. Six Months Net Income (& Enri'd PRESENT FINANCING Clgn 300,000 shs. 192,166 shs. Subs.)—Earnings at Higher Rate— June 30— S." and 1955 $3,505,723 providqn for U. $3,065,591 142.700 185, so-51 Macinar, Inc., Washington, D. C.—Common Stock Of¬ fering—Mention was made in our issue of July 15 of the public offering of 400,000 shares of common stock (par 50 cents) at 75 cents per share. The in on best-efforts a PROCEFDS—The nee basis CAPITALIZATION . _ Common through ington DC., /? J . GIVING 50 (par Jigs, tools Its The Jean l er.ioiarj sg auer s.-acc blnged and The first six 185, p. 1956.—V. R. the the the at 231 laws months $7,497,400 was 1750. ' ■ r of steel, use ..,e release assets, Sales Gulf Texas metal, devices, " in d for dron 16, table surface i-•: space leal p. tables, 215. Bldg., of Wash¬ Delaware of and of and 1957—6 Mos.—1956 $9,128,976 $48,086,148 $47,864,300 to offer the 6, 1957 for debentures to subscription its area; master and metal, space and the Products oil This areas. platforms, bulkheads, operator The in unci construction wool Gulf the includes Coast engineering for installing and of area Louisiana and in Texas in Venezuelan subsidiary for deep Maracaibo.—V. 182, p. 613. and Lake water a McKee & Co. 1957—5 Mos.—1956 $55,612,000 $52,851,000 8. p. Mercast Corp.—Stock at $4.25 Per Share— The directors shares of July on at price of $4.25 a Operating revenues.: Co.—Earnings— income $ $ 102.422.580 72.599.518 10.902.692 2,357,982 2,071,779 11,769,384 1,535,543 1,401,888 7,961,037 7.036.523 2,752.906 2,424,496 taxes— 2.286,046 2,004,504 13.405,660 11,954,194 11.883,847 10,848,570 taxes operating income after charges—. 185, 1957—5 Mos.—1956 s 20.807,022 109,222,767 15,047,309 76,086,686 22,387,592 15.741,161 expenses operating 18. 1957—Month—1956 $ Net per by stockholders of record on July Michigan Bell Telephone of two additional share for each three See also V. 186, p. 8. offering the approved 16 stock common Shares held 2916. p. Offered public The — corporation June 17 on offered to the 5% subordinated debenture notes mature six, nine and ten years after their issuance. They are priced at face value in denominations of $100 or multiples thereof. The offering is not underwritten. $250,000 of to PROCEEDS—The net proceds be to are used purchase, to as stock, outstanding preferred stock D and preferred stock untarily offered without solicitation of any kind on the part ury corporation; treas¬ C vol¬ of ti^o working capital and other corporate purposes. and for AS OF FEB. 28, 1957 Authorized Outstanding 4% sub. deb. notes due to I960 $230,400 $230,400 5% sub. deb. notes due to 1962 250,000 250.000 Wo sub. deb. notes due to 1965 500,000 500,000 154,000 100,000 154.000 100,000 4Vg% 3\ promissory notes due to I960 'to promissory notes due 1958— Paul Bank for Cooperatives' first a Commodity Common stock This contractor Wood for River, The oil announced company the 111., expansion It the of unit and construction 30,000 a of V. 186, p. barrel-a-day barrel-a-day crude fluid catalytic cracking M.vran Livingston, J. Vice-President, Petroleum Division of the McKee company, said that the prime contractor had already started engineering work on the project. Preparation of the site at Wood will within get three about The under way soon months, announcement of he the and construction is expected begin to added. Indiana Standard said that the new facilities, when completed early in 1959, will increase the refinery's crude oil processing capacity by about 30 (i.—V. 180, p. 215. the In for corporation July on sale registration a par common with statement stock, McLellan Stores Co.—June Period End. June 30— —V. $4,610,236 is that of buying, selling, manufac¬ commodities handled by its members and corporation the electrical appliances and other farm and home supplies. The also engaged in the manufacture and production of pe¬ and fly spray and in the packaging and processing of lubricating oil and greases. As an incident to its business, the company warehouses, packages, and transports the commodities handled. troleum is products of the voting common stock outstanding whose capital as of Feb. 28, 1957, was is engaged exclusively in discounting and rediscounting trade paper and short-term notes of cooperative asso¬ ciations which are members of issuer, and of their fanner members. The company the This Midland 98.08^ Credit Corp., corporation Corp's principal business office is at 739 Johnson Minneapolis, Minn. Credit Northeast, The company owns 100'T* of the voting comomn stock of Petroleum Premier Petroleum Co. This corporation is will be engaged exclusively in the mai- formerly Co., inactive now owns Midland Street but ultimately keting of petroleum products manufactured by company and which may seasonally exceed company's needs. The principal office of Petroleum Resources Co. is at 739 Johnson St. N. E., Minneapolis, Minn.—V. 185, p. 2449. Inc.—Earnings Increased— Midwest Piping Co., *Net Months Ended May income income and cn Net —- - expenses income — — (estimated) dividend Cash per paid share 1956 $3.76o.805 $6,582,624 5,59-9',777oil,080 $3, i80,950 3,498.469 l4fc,«9U $471,767 289,711 $0.61 earnings Earnings _ 1957 $6,568,706 13,918 31— sales Other —, lb.145^ $135,591 , 386,280 sales for tbree months ended May 31, 1955, 31, 1957 will be subject to review under Renegotiation Act of 1951.—V. 125, p. 613. ' 31. 1957—6 Mos.—1956 cooperative association incorpo¬ The principal business office of St. N. E., Minneapolis, Minn. a 1926. hardware, company *A Off— 1957—Month—1956 .V Sales Sales is 3,076 shs. 32,385 shs. D These commodities consist chiefly of petroleum products, fuel, automotive parts and accessories, feeds, seeds, fertilizer, tires, tubes, the to be offered employees of the company under its "Executive Stock Option Plan."—V. 185, p. 2560. 26, Johnson 739 distributing and Taxes filed to 5,142 shs. 104 shs. patrons. Costs Inc.—Registers With SEC— 12 covering 100,000 shares of its $18 Nov. on at is business of The corporation Minnesota corporation turing 10,000 shs. 115,000 shs. 3,500 shs. stock preferred BUSINESS—The rated 80,000 shs. 45,000 shs. non-cumulative Total McKesson & Robbins, par par 622,885 5.027,708 1,500,000 64,675 shs. 1,500,000 stock ($100 par value) Three by program ($100 com. ($100 A) Resources (see 67,500 a . — value) par 4To The refinery of Standard Oil Co. <Ind.). was disclosed by Indiana Standard consists distillation (Indiana)— July 12 that it has been named prime muhi-million-dollar expansion program of the on 622,885 7.011,745 - Loan value) (formerly pfd. value) Non-voting com. stk. A ($10 par value) 4'/o non-cumul. preferred stock C ($100 of Contracts to Modernize — Refinery for Standard Oil Co. portion 1956 of the and May $0.18 May the $4,882,679 $25,160,484 $25,629,733 Miller-Wohl 185, p. 2217. Co., Inc.—June Sales Lower— sell This dies, Corp.; Corp., 1957 the fol¬ report reached tax on tyne public bracket related table and steel 2673. its wholly owmed that sales and profits a the new high of 132,932 during According 130,000 and reserves sale to square Fernando p. Corp.—Reports Record Sales and Earnings— corporation after compartment folding 1957—Month—1956 Period End. June 30— Meletron share and $53,352,936 Sales Lower— 1957—.Month—1956 $11,174,000 $11,364,000 186, $238,249. with combination cteel Co., Inc.—June Stores Mercantile of basis budding pipelines, sinking pilings, building dredging canals. The company is also an recently formed company construction master 1957—26 Wks.—1956 1957—5 Wks.—1956 $12,838,899 $12,810,961 $57^398,018 Period End. June 30— stock¬ $l<)0 common the on Canada. plastics. manufacture together with plywood 2101. 2916. p. Sales —V. Paper Co., include Atlanta p. Corp.—June Sales Up— sales 185, 1957,—V. certain of Engineering. assembling and selling xnace master all top wood Steel —V. Non-voting Aug. coast drilling docks 817,000 shs. sale Shoe 1956 185, and 1957 April, in Facility Loan Operating Loan Lower— 1957—Month—1956 proposes record of shore Outstanding State and and for exclusive engaged folding products.—V. the Retail St. FINANCING Shoreham of manufacture plant, a both results for Mead dividends. preferred for CAPITALIZATION principal amount of debentures for each 10 common shares held. The subscription rights will expire Aug. 20, 1957. This offering will he underwritten by a group of investment firms headed jointly by Dominick & Dominick and Kidder, Peabcc'v & Co. The proceeds from the sale will be used for expansion of operations. Principal business of the company is 'contract servicing to oil com¬ panies in their off-shore and in-shore operations in Louisiana and Veditz acquire $0.86 $6,089,769 3,560,324 $1.67 net 2915. p. company holders SEC to PRESENT supplies, from Machine now inch rele support offices under and rcial is mast 18 support and ronvn ,iaT'n'''r. by 21 ?kiS tame, TO acquired the rights to ort sup materials other used Authorized 1,000,000 shs. in enga.e corporal ion lowing: EFFECT with grterd vvaic cor<i°™ i0n a be cents) ir.11, ova , articles, Space to are , s.ocl; BUELNESS-Cor woo.1 per This corporation, which is a leading company in off-shore oil con¬ tracting, on July 18 filed with the SEC a registration statement covering $20,292,000 of convertible subordinated debentures clue 1972, This proceeds *machinery' invent<>ry and merchandise; caVn 1 workhm and were (J. Ray) McDermott Co., Inc.—Registers With SEC— Co., Inc., New York City. the the in 6.999.121 $5,801,790 3,381,605 $1.47 share- com. provision with 6.033,370 $0.71 outstanding per After 3,593,494 $3,183,575 3,560,324 Period End. June 30— common offering is made * stock River tu 1957 unit. for- taxes -W;. ty 37c consolidated $8,609,314 —V, 218). 1957 _ after the taxes Sales Outstanding 231,991 sales, Net cent) one preferred Stores Corp.—June (Arthur G.) TO Authorized stock and corporation the 8,191,255 dividends of on of ' Common share per approximately or months $6,588,500 McCrory oivmerated. CAPITALIZATION the of 2,996,940 , — Mortgage Loan: with Tex.—Stock used shs. 'Earns, 237,369 $2,853,652 3,881,605 _1 earnings Com. obsolescence primarily for the rurc ase of contract and chattel mortgages covering the sale of automobiles; in making direct loans on automobiles and companies first the stock common proceeds earnings after 30, $2,915,136 Provision 1956. in (par one cent) share to residents of the State of Texas only. at $1.25 per for operating earnings were $6,824,354 or approximately 83c per share 011 the 8.191,255 shares outstanding, after preferred dividends of $344,158, compared with $5,600,325 or approximately 71c per share on the 7,888,322 shares outstanding, after preferred dividends of $402,251 for the same period the For 111 compared 2559. Houston, this earnings afiiiiate lor the second quarter of Period End. June 30— Lone of such , net banks approximately or for the first corporation was earnings stock with 5.352.298 2,068.104 466,329 1,429.346 237.536 I Net quarter was $3,843,600 in 1957 and $3,323,900 in 1956. was as p. share per common 6.497,651 2,318,324 465,357 Midland Cooperatives, Inc., Minneapolis. Minn.—Notes $165,937 share on the 7,888,322 shares outstanding, alter preferred dividends of $201,088 for the same period In 1656, provision for taxes in the second period tame the comparison 1956, outstanding snares Iu the same in the on in 8 consolidated constituent first a July months of The its 17r/e 1957 of on 2.777,597 1,038.261 taxes State income— on —V, of increase months 66,855,583 3.421.993 Net $2,669,208 $15,059,839 $12,626,797 $3,003,185 $87,831,204 68,819,487 expense Federal and Other 2915.' p. revealed six Libbey-Owens-Ford Glass Co.—Earnings Lower— Net 185, An 1957—5 Mos.—1956 2915. p. Interest Operating 1957—5 Mos.—1956 1957—Month—1956 ——„— —V. $90,436,479 34,056,485 expenses Federal Period End. June 30— —24 Weeks Ended— June 10/56 administra¬ 1957, shares 5,000,000 EARNINGS OF 34,476,548 income Depreciation k depletion Marine Midland Corp.—Net Earnings 17% Higher— $14,714,305 $14,245,639 $70,478,469 $64,495,633 — 185, amendment on July 15, Mangel Stores Corp.—June Sales Increased— Lerner Stores Corp.—June Sales Increased— Period End. May 31-4- an registration statement covering an additional of common stock, lc par value.—V. 186, p. 215. closing. the the transaction would enable Lehigh to railroad properties. This, he said, was a necessary Sales the SEC corporation filed with tive Memorial Hospital G. H. of the investment firm of elected a director. STATEMENT Period End. May 31— its that leased us to been June 16/57 June 10/56 $89,399,488 $87,357,140 1,036,991 474.064 Costs of products sold— Selling and Louis, Mo.—Registers With Funds, Inc., St. Managed Securities and Exchange Commission— The has $45,416,015 $45,486,781 income Total Melville 22,229 shs. Garden Corp.—Earnings Increased— Square corporation Other Outstanding this issue will be alterations.—V. 185, p. 2100. of sale announced that for the quarter ended May 31, 1057, the third quarter of its fiscal year, net earnings, alter provision for Federal income taxes, were $203,980, compared with $185,556 for the corresponding quarter of the preceding fiscal year. For the nine months ended May 31, 1957, net earnings, after provi¬ sion for Federal income taxis, were $486,489, compared with $482,065 for the corresponding period of the preceding fiscal year.—V. 185, p. 613. J ■■■■/■ This partner a York, $44,862,818 $45,253,657 553,197 233,124 NOTE': The 22,600 shs. the from repairs capital, working and New sales— Net merged FINANCING PRESENT TO cents)—.—— 10 PROCEEDS—The City, Co., June 16,'57 and Inc. Owners, 10 the in Madison the between of changes an agreement Own¬ entered into a aforemen¬ landlord, as Moore, 18 a to Madison Authorized Earl of Pennsylvania, announced on July authority of their boards of directors Yoik, share jsew on simultaneously with the tenant, as the of conveyed title The Madison, company, conveyance at holders of common stock and voting trust cer¬ Stock of The Madison, Inc. The Madison, Inc. CAPITALIZATION RFC with accordance 58tn East whose stock is being offered term a Leased Railroad Properties— President i5 iocuieu company to the the basement of Madison, common on commenced operation of and second floors, and sub-basement, in tne the company is years commencing on Jan. 29, 1)57 and expiring on Jan. 28, 1967 at an annual rental of $75,000 with a right in the tenant to renew for a further term oi ten years. The rental during the renewal term only mr.y be increased or decreased (bit in no event to tlu? extent of more than $11,250 in any one year) based ttpon certain lor Aug. 1, next, $37,000 Payment will be made on 1959 at 101'.' 1, at the Title Insu.auce & Trust Co., <fc —12 Weeks Ended— first new the owner of with The Lawrence York New in New York State on at 465 Park Ave., New The a basis for was lease portion a as is This shore ers, $5,79.,349 $36,216,018 $33,479,273 $6,069,816 — In Walker Director— a Walker, Associate Clinical Director of John M. Dr. CONSOLIDATED incorporated was company and with known Y. which 1957—Month—1956 Period End. June 30— 1956 tificates Bryant, Inc.—June Sales Up— Sales 12, together lor Lane offered 10 has its principal office York, N. Y, On Jin. 29, 1957 it leased and the commercial and business space on the June N. 7. p. June on shares of common BUSINESS—The for publicly 22,229 stock (par 10 cents) at $2 per share, corporation without underwriting. • Laboratories, Inc.—Reports Rise in Earns.— Lakeside Mead Corp.—Walker Elected (X. Y.)—Stock Offered Madison Avenue & 58th Corp. Decreased— Kress & Co.—June Sales (S. IL) Period End. June 30— July 22, 1957 Chronicle... Monday, (820) the foot Valley $87,000. shares June for the for the period of some of now 21,570 This subsidiary, six months $1,131,000 is outstanding equal as Switch Pressure ended and to result of Jan. cents the per 185, p. 1957—11 Mos.—1956 $3,452,441 $36,827,555 $35,976,042 2916. Military Investors Development Corp., New York, N.Y. —Files With Securities and Exchange Commission— initial shares. announcement, the plans for the building of the plant on 6>b acres in the Sylmar section of Sau moving along according to schedule.—V. 185, are —V. 31, $73,000 net 55 $3,294,732 Sales filed a letter of notification with the SEC covering 57,500 shares of preferred stock (par $5) and 57,500 shares of common stock (par 10 cents 1 to be offered in units of one share of each class of stock at S5.10 per unit. No underwriting The corporation on July 2 Number 5657 Volume 186 The Commercial and Financial Chronicle ... (321) Minneapolis-Honeywell Regulator Co.—Stock Offered • —This stock of rights to stock common tional share July 16, The 4,350 The offer will expire at 3:30 p.m. (EDT) on Aug. 1, 1957. offering is being underwritten by a group headed by Eastman Dillon, Union Securities & Co. proceeds from the sale of the shares •will be to working of outstanding loans which amounted to $39,210,000 The capital loans resulting the May 31, five months like 1956 and stock of 1957 the the well with compared 1956 year sales nec re¬ is V. OPENS NEW industrial program of has Kan.; cent oil through an 18/64-inch choke. formation through perforations from Simpson of well of W. is Pratt will begin Drilling 45 four and leases a immediately Plant—A valves for industries control miles 800 on of west oil daily. on Sawyer, within one acres is It of 185, Sale $1,500,000 new automation plant the and company for the nation's July on 15 The completed located The 120,000-square-foot plant, located Industrial Park, 12 miles on Washington's 25-acre site in Fort of downtown Phila¬ a north has Monsanto mile of manufacturing, research and development, sales and administrative facilities for Honeywell's Valve Division, oldest of the company's units with a history dating back to 1836.X The the owns The division 300 produces valves electric for broad a in use hydraulic, of range automatic control and present Taft, other and Street, lhat it the new one-story than three times said Manager, expanded to six will weeks from blocks from plant County the be old required site Philadelphia's is to occupied City sixth the in the $ $ PRESENT TO FINANCING Authorized Bank loans 2'a1'c debentures, April 15, $5,300,000 1965.__ 5,300,000 13,700,000 13,700,000 25,000.000 1972 fund 1976 stock 25,000.000 stock $1001 (par None 350,000 shs. $1.50)- (par 10,000,000 shs. "The amount of current bank loans authorized addition which 30, preference to which of the company is authorized options stock issued be may covering 45,250 shares to -purchase, tional the in series outstanding at were of underwriters and the respective stock common exercise C, & named which has company shall below agreed indicated percentages ideal created & Becker Biyth Boettcher Alex. Central It all the few them, addi¬ through & and the on Kuhn, Locb 1.4 a..- Co._ <fc & Co.. Read <te W. Langley Lehman 50% C. & Co— lonvard carry of 3.9 Ltd. the over and hast Philip issue an behalf on the for company debenture stock will (subject be to at 1.4 Smith, 3.9 charge 3.9 stock, 3.9 aggregate Co Webster Securities Stone Corp White, Weld 3.9 Harold 1.4 Inc. Co., 0.5 Barney 5.0 Wood, & E. Ac Wood & 0.5 Co Gundy Ac Co., Inc Ac Missouri Edison Co.—Plans Stock Electric Co. below.—V. 184. at The specified ranking the pari will to secure £3,000,000 to up and copper sufiicient to 1957—Month—1956 Net rights permitting warrant one There Each ever at will warrant period a special a 1.377,962 are —V. July 16 announced that stockholders will receive them to purchase one share of common stock and on offering enable price for shares to each ipar holder common the $1) buy shares seven The SEC corporation will file will provide the effective of date registration.—V. 181; p. of offered $500 registration statement with the Securities and Exchange Commission, after which rights will be distributed. The record date for eligibility ot holders will be the fifth day following a used to This July offer and 1957, these filed covering shares of class securities class 24 B a registration statement 22,474 shares of class A B in stock. common "stock units." The each shares, which shall not be with the" consisting SEC stock common company Of the Lease stock of son-Goldin Field. Oil units, 57.95 % 14,474 discovery well, Eight are undivided Operations; Acreage thousand existing stockholders, on a to held about by units in interests 97% in on class one to are in offered be basis, pro-rata exchange for outstanding Mon-O-Co non-operators at the at Helser interested The to No. or in According do not erally con¬ has Prairie Inc., for subscription by subscription price of the the funds to Fertile holes to Prairie the and wells; of of Red to —V. River drilling Gas horizon; a test Lease to wrell validation, rework on by sinking recommendation the Hidden Dome additional on oil field practice, and insofar 215.- us the practical and possible.—V. for May 4, en the located dehydrating of alfalfa which are in in Arizona, California, Colorado, Missouri,- Nebraska, New Mexico. addition thereto, the company owns Michigan, at In mill these sites the for dry of storage Omaha. STATEMENT OF 1956 1955 $8,857,524 410,312 $7,571,373 $9,666,615 "775,569 362,560 94,200 Cr279,828 184,00© $316,112 tax... *$495,741 $178,560 > (refundable) property EARNINGS 1957 income tax purchased, tax, $65,000 inc. Fed. (loss) earns, 60,000 99.732 and special credits 186, $415,844 ►$495,741 $238,560 8. p. National Cylinder Gas Co.—Buys Pittsburgh Firm— This of has purchased the assets of The Medicinal Oxygen Co., company Pittsburgh, from vniade The it Pa., David announced was and B. Edward Medicinal Pittsburgh Oxygen Co., hospitals with area and inhalation National This I. July on 16. The Labowitz. formed 30 . 186, most and other oxygen p. ... supplies ago, NCG medically-pure therapy equipment.—V. purchase was . years 215. Propane Corp.—Reports Higher Earnings— on July 8 announced its second quarter earnings ended May 31, 1957 were $146,300. After making pro¬ preferred dividends this is equivalent to 17c- per share on 473,103 shares outstanding. This compares favorably with earnings of for corporation the vision period for $83,600 for number the to earlier four to which cents after provision for share per on of $220,600, six months six months of the 1957 fiscal year first aggregate an or year a the same of Earnings for the 700 pared period same dividends were equal shares outstanding. preferred ■ Gross 50c share per 1956. are $371,- share after per 28c of for Canadian! to shares preference The proceeds be at to be are to Commission request a hearing given like the second period after quarter preferred dividends com¬ preferred dividends for tho —V. 185, investment reports the deducting 31, 1956 p. a gain of 28%. cents on June 30. capital stock shore per payable July with $23.33 and of assets: of shares 15, and by 1957 Dominick of An $24.61 per outstanding, an extra after dividend of 1957. Both payments made are income. compares Holdings total managed company, value asset of 12 share, per ordinary This net a 1,080.000 dividend a cents five from compared to the half year for year, Shares Corp.—June 30 Asset Value Up— Dominick, on and, in the previous 2673. p. closed-end The $2,961,600 were earlier; year a $6,404,900 compared to $5,049,800 corporate has the for revenues $2,653,800 10,000 S. stocks and June on on Government 1.7% bonds, share per common U. value asset net a June of $23.75 30, 1956. 30, obligations, net cash and per share at Dec. 1957 represented 91% of 6.8%; preferred stocks and receivables 0.5%.—V. 185, 1889. National Shirt Shops of Delaware, Inc.—June Sales Period End. June 30— * Sales 1957—Month—1956 $2,015,2G6 —V. 185, thereon. shares have at with com¬ 186, than a MICA: small these applied 30-day to it facts, for of and the will Trust filed registration Up 1957—6 Mos.—1956 $9,328,782 $2,004,816 $8,915,633 2916. p. proposed the Because a offer liquidated of which MICA they that is Helser accepted, and part shares. may value, without the imposition of a new of and announcement turing. the purchase sales load. the SEC 184, p. amendment an covering an additional increasing on July 15, 1,000,000 1957, to shares of 1583. level James E. for Sugar first the Department— of McFarland, Vice-President i for Refining six Co.—Earnings Lower— months of 1957 totaled $91,718,955. This cannot properly be compared with sales period last year, because it includes the of $68,746,868 for the operations of the Re¬ serve Division which was not acquired until. June 27, 1956. Net income for the half-year was $1,165,699, amounting to $1.76 per share on the 663,618 shares now outstanding, as compared with $1,030,837, or $1.81 per share on the 586,815 shares outstanding on June 30, 1956. figure same —V. 185, p. 1639. Neisner Brothers, Inc.—June : 185, p, $5,453,541 - Manufac¬ Off— 1957—6 Mos.—1956 $5,724,103 $29,890,681 $29,113,103 2334. New England Telephone & Telegraph Co.—Earnings- period End. May 31— 1957—Month—1956 $ Operating 27,187,766 20,215,017 revenues. expenses Federal Sales 1957—Month—1956 Period End. June 30— Sales Operating production test activity on its military microwave products, this corporation, has set separate production test department, according to an by Sales or The Kansas City, Mo.—Registers With SEC with statement and National —V. interest.—V. commercial up advan¬ Helser Distributors, is be Narda Corp.—New Production Test - be more shares. Fund If it purchase within period would company MICA with clients. clients gen¬ of attorney to Helser established in the client's investment contract these to asset net the all which power accounts own operation, of plan discretionary to a which, $2,500 Helser brokerage number of small because of their size, manages 181, p. 2244. beneficial - of account Mutual Trust, present properties. County, Mont. The corporation intends to negotiate other operators for joint drilling operations, in accordance with mon 1963 and 30, — 25 the and Helser distribution proceeds will This the offering lor cash will be initially added to the company, for allocation to the extent practical and $10 and 1957, 25, considering a the Oil value; the to underwriter MICA MICA shares its Petroleum p. principal offer the less investors into investment clients oil proceeds general that, the development of the properties. Net (par involved. is that absolute an these to entered of of themselves will working interests and properties under one ownership insofar possible, in order to simplify management and effect economy in as July states management and tageous the Fertile the to stock debentures asset until accounts involves name; Joint Fergu- all to the prospectus, and gas, in the net persons lend the 1 company is engaged in exploration acquisition of prospective oil and gas leases, and has done exploratory drilling in Montana and Wyoming. The purpose of the exchange offer is to consolidate and establish title crude their application investment A $75 per unit. for of underwriting Nov. with investment company, and J. Henry Helser <fc Co. of investment advisor, have applied to the SEC for an permitting the sale of MICA shares to certain clients order of separately transferable until issued be working and, debentures due notification York Ore., in Delaware and proposes of New exemption for version of acquire plant and equipment and for working capital. Portland, 1960. 1, May Corp., Billings, Mont.—Registers With Exchange Commission— corporation 11, 539,376 $250 of No letter a Mutual Investment Co. of America—Seeks Exemption 2930. Oil and units unit. Canada—Files With SEC— filed 11 preference non-voting in per This Mon-O-Co Securities July covering $100,000 of 6%■ shares at a price yet to be determined. funds for current and future expansion. sale The Fair Ltd., Toronto, on incorporated was sale of storage facility, less share corporation the up Neb., and Midland, Kan., storage storage and preservation of alfalfa meal either in as meal, under inert gas. inc. on applic. National 2916. p. Music held. currently outstanding. another share of stock of time and The 185, set are owns or ♦Loss.—V. • corporation mills They the 1957—6 Mos.—1956 $17,265,380 $18,020,708 $89,230,390 $86,772,181 - is issue the offer. common before special credits from prepayment of note on first Period End. June 30— of fund applic. Fed. inc. tax, $105.800 (G. C.) Murpliy Co.—June Sales Decreased— Sales by debenture with at par in 1982 and may be redeemed time after 1967 at varying premiums. establish a sinking fund starting in 1962 which redeem the entire issue by final maturity. will company the of manufacturing, storing, selling and dealing principal executive office is in Lamar, Colo. The Kansas, Fed. payable any at Offering- Molybdenum Corp. of America—Plans Stock Offer— The for for less a the; charge securing, the in transit up to an with passu financing redeemable be company's option be assets of purprose received sales Gain the upon of £5,000,000. stock the 1478. p. charge for The 1.4 0.5 - Co certain on floating Co Woodard-Elwood 215. 3.9 — Inc Bros. & Hutzler— charge and com¬ at 1.4 Hopwood— & Gardner & floating a the of meal. form Discount private Salomon Jaffray Inc.— by until or Net earns, price a warrant one company $10 per share. It is. expected that 1969, issue sinking company 53 company Prov. Higginson the of the share carry payment issued stock later. and Earnings before Fed. next Piper, — 5.0 0.5 & Co——__ Net amoijnt. this of of 1, is COMPARATIVE obtained b"en Hill, Stock — common purpose owns facilities , committee of basis underwriting connected proceeds the meal.. Its alfalfa The 34, arranged to Illinois. sacked interest at the rate of G?i% per additional rates until fully paid upt of £98 per £100 of stock. It will be called up in four equal annual installments. The stock will be secured 0.5 . resources the on Years Ended April 30— internal debenture* stock issued of July on Oklahoma, Ohio and Texas. storage facilities at each of that sufficient information is drilling to justify a program which will aim at Increasing the issues capital be surrendered to to purchase one-half price a date operation. Idaho, Moorgate. London. E. C. 2, England, and N. M. Sons of New Court, St. Swithin's Lane, London. E. C. 4, Ac of the at warrants the for alfalfa active further West" shares stpek right proposed no the company announced company's the £7,000,000 have will and the stock BUSINESS—The 1946, Privately— of will preferred of (EDT) is Rhodesia— Reynolds & Co., 1.4 , M. of in of the estimated capital cost of the program issue of £7,000,000 of debenture stock, and the an of of annum 3.9 Inc. Southern Reinholdt 3.9 Corp—a & Co 12 Ltd., 23,529(2 company, upon the exer¬ stock, shall be applied by for the retirement of the company's 5% debentures issued concurrently with said warrants ac¬ cording to the plan of recapitalization. • than more 0.5 Noves & Co Union loss offered will issue 47,059 warrants representing rights to purchase common stock of the company. The warrants shall upon issue and shall continue to be exercisable until company gases 5.0 & Brothers — the SEC with a warrants whichever the He also noted that 1.4 Boston Corp Sachs & Co. P. cise sold. be 5.0 —__ Ripley Co. Tire notification shares of There for capital expenditure. company Rothschild 0,5 Co Stock "Mufulira from of will see also 1.4 Inc. company 3:00 Maremont Mines result a from & 1.4 of share. of common retired, it Motor 0.5 (Inc.)- Inc Co., Co p. to whole undertaking of the company, but in order to allow scope for further development in the future the company reserves the right to create and issue up to £7,000,000 of additional debenture stock secured pari passu with the stock. The company will also be entitled to create the following charges in favor of bankers to secure temporary borrowing, namely, a prior Dominick- & 186, value that 50% consent placing 0.5 Hemphill, book to issue 3.9 Morgan Stanley Murphey Favre, Harriman —V. will tax a Mr. July on as an 0.5 3.9 Inc & * Company. Mason-Hagan, First its The evidence exercisable The European housing is to be financed, constructed operated externally, under arrangements which will make no call Peabody & Co.-,-—-:- Kfdtler. 0.5 Co... Co., Equitable Securities The division nave Copper found Inc.— & 1.4 Goldman. the be years. the Weeks 0.5 Elworthy & Maremont noted that Mr. than 21 adopted share be 23,529 Va housing. Engl inti, Kalman 1.4 Co & Sons Dominick plant $10 per share. each pany's of all assets, thus nearing completion, will leave $11,000,000 in cash and securities available woiud is intended remaining severally to for Lemon Joiinston, '1.4 Inc and Dain per shall acres, copper year a shall be sell below, Phillips Co Republic Co. Caldwell M. &: <te Brown Dillon, Hornblower Se¬ Inc Co., Oo., & 10.5 on some Debenture European date. said have to subscribed be not 18.2 Eiehler Bateman, G. Union Whipple Bacon, the tnis situation," directors The Go Allyn with development of warrants: Dillon, curities $700,000. was for acquisitions, according to Mr. Maremont. to Eastman space production from the present rate of 100,000 long 155,000 long tons a year. It is estimated that this program will take five years to complete and that it will cost £14,000,000, an additional sum of £2,000,000 required for being the outstanding shares, 117,650 shares were reserved for the company's restricted stock option plan under 1957, in building for • . of expected to begin in the North Chicago according to Anthony Varese, Craft president. of assecs available now directors. of UNDERWRITERS—The severally, of Products The 6,953,613 shs. ' agreed in Deepfreeze division was terminated in 1956, and equipment were sold. Motor Products also termi¬ its automotive division with completion of parts ana Products company's by resolution of the board June and future tons fin - at PROCEEDS—The Places to incur is unlimited. tThe plant is price the of Mufulira debentures, letter a of June on directors pelleted . sinking 1, tPreference fCommon Dec. division sinking fund debentures, 1. 20-year 3-14% Aug. due Deepfreeze said, "would be to find a company that could use the Detroit plant, as well as take advantage of our tax loss carry forward."—V. 185, p. 2450. $12,089,724 1277. tures been "Tne manufacturing, plan of recapitalization at a meeting held on April 8, 1957, by terms of which the company is to issue to the holders of 5% cumulative, $50 par value preferred stock its deben¬ dated Aug. 1, 1957, with a due date of July 1, 1975. In lieu of dividend arrearages on said preferred stock, the company is issuing to each holder participating in the exchange, certain warrants to purchase shares of the company's common stock at a price of $10 Deepfreeze Plant— former company The $2,000,000. Outstanding " — 20-year 3.10% due for microwave common stock (par $10) to be offered at underwriting. The proceeds are to be used incidental to the development of oil and gas properties.' expenses (par $3) 1956 Motor EFFECT shares The Manufacturing months, higher production Motor Penn¬ turnpike. GIVING Craft Ultimate liquidation 550-acres the to of without be Hall. adjacent its i Production two a months, and National Alfalfa Dehydrating & Milling Co. Offered— model cars. Machinery and equipment of this division have sold, and there remains only its Mack Avenue, Detroit plant disposed of. The company's aircraft division will cease pro¬ duction with completion of current contracts in approximately two transfer machinery since 1856 on Broad operating now development industrial CAPITALIZATION due for more also three equipment Montgomery sylvania be UHF of July 5 filed on 15,000 Jem.— Co., producers of bulk storage other special products for the dairy industry. Craft, which plants in Chicago, will move all of its operations to the macninery to to Honeywell The General can size. two From Division so the Production all plant is designed in nated field share, Products. employes people. Marshall B. of Consideration for the sale and pneumatic currently corporation facility. reflects company per for 88,276,449 386,072,917 395,083,303 with 285,000 square feet to and plant the covering 1957—5 Mos.—1956 $ Maremont said. three new provides in $17 miles 10 was announced on July 15 by Arnold H. Maremont, Tne corporation is completing a program of asset liquidation leave it in a strong cash position to acquire an active com¬ plant, sold was delphia, this Mr. pany, Washington, expansion 185, p. Chicago, 111., which will production of missile expanding at Fort component a Nash Oil Co., Wichita Falls, Tex.—Files With SEC— formation 2916. p. by North formerly present, the new production test department will be located at corporation's headquarters at 160 Herrlcks Road, Mlneola, N. Y. Plans are now being made, under the overall Narda expansion program, for future transfer to new quarters.—V. confirmation a Kan. 1957—Month—1956 Motor Products Corp.—Sell products was 114. p. Chairman. opened by this was special and department the Co. barrels 82,764,018 —V. test At Rine pumping pr^aucnon however, production testing requirements have grown to a point neces¬ sitating tne establishment of a completely independent test facility. ^ feet. Drilling discovery. the new engineering laboratories which were responsible both for en¬ gineering development and production testing, the two activities em¬ ploying essentially the same skills and equipment. Since-Narda's re¬ com¬ County, has 50% interest in another new Simpson in Pratt County, the Jem No. 1, which was tanks J. Co., Pratt day per $ manufacturer Pa. A. the Sales leading a in me Narda's Chemical Montgomery Ward & Co., Inc.—June Sales Decreased of automatic control instruments and systems. Its products and control systems having applications in a variety ranging from residential, commercial and industrial heating, conditioning, refrigeration and ventilation to industrial process in almost all major military applications. A. barrels Period End. June 30— the common controls controls at Monsanto. oil. discovery range air its of an, company 136, fields for In 4,356 lull-interest months $7,656,457 in tlio $267,944,462 on to east The totaled share a 120 discovery recently by R. compared with $99,945,657 in Estimated net income in the first $3,254,387, the as well, which is about four miles northeast of the Kan., is located on a 1,540-acre block of leases owned south five l discovery oil 1957. cash of was feet The outstanding at the end of the year. include of during company 1956. BUSINESS—Minneapolis-Honeywell wide June 30, on Co.—Completes Oil Discovery— division a No. city of Pratt, by the company. added reduction to the company's its business. of $22,463,657, equal to $3.40 was applied rata The $129,349,704, of was For and of part expansion of were months months. income net provide the sales 1957 corresponding to from EARNINGS—Net ended Minneapolis-Honeywell incurred were quirements of the Completion The PROCEEDS—Net Co./ Hoeme Howell, Lion Vice-President, announced on July 12. well, on a lease wholly-owned by-the company, is flowing The at share. per Oil the John E. (par $1.50) at the rate of one addi¬ twenty shares held of record on The subscription price is $85 Lion pleted each for 1957. Monsanto Chemical is offering to holders of its common subscribe for 331,237 additional shares company 9 income taxes - 2,069,019 1957—5 Mos.—1956 $ $ Other operating taxes.. 1,934,375 operating income 2.969.355 2,852,478 2,288,429 2,219,884 9,808,615 1,778,201 Net Net after charges $ 25,710,698 132,347,001 125,033,245 18,988,655 94,317,422 91,379,600 2,091,364 '12,364,152 - 10,602,063 - 15,856,812 12,867,816 8^33^19 - 14417,823 11,069,748 - its half-centurv of progress, ■ the company has illustrated book entitled "It all happens here which 44-page a of 6ome ser. 3!a% bank 1957—Month—1956 $16,262,057 $15,926,928 Period End. June 30— Sales each $86,741,412 $82,143,135 $5 year preference stated stock load days in passengers same passengers Fenner Co.—Earnings— Net 185, 2,189,833 charges Hornblower Lee Paine, Wertheim —'V. in the made orders Cost Federal Net * recorded business on Aug. 13, 1956, reported n year-end of $9.77 following payment of 16c a share capital gains. This compares with a share value of $8.63 mutual fund which'began realized in months* 6ix its value at The previously. report j the Fund's total net assets on May 31st, ovefr the total of $1,433,000 on Nov. 30, showed ' 1957 (estimated taxes ___; >— share 8:30 iPDTi St., San Francisco', Calif., July 23 receive on V. (see Pacific 186, bids for 115" p. V. Telephone & Period End. May 31— 186, >-, expenses income taxes— operating taxes Other Net will y $ charges— —V. 65,352,538 347,659,528 48,392,902 Chemical Corp.—Secondary Offering— July 17 by Blyth & Co., Inc., at $57.25 per share, with a dealer's concession of $1 per share. It has been completed. See also V. 186, p. 216. (par $5) was made on Opelika Manufacturing Corp., Nine Months Ended. June 30— Bales 1 taxes_ after Net 1957 * 1956 $14,391,904 $14,687,656 766,306 810,212 . —— - — - Chicago, 111.—Earns. Off — —-— ? '** •" 1996! •Adjusted for 5% stock dividend.—V. 185, p. offering oi 20,000 shares of common stock (par $6.25) was made on July 16 by Merrill Lynch, Pierce, Fenner $48.25 per share, with a dealer's concession share. It was auickly completed.—V. 185, p. 2218. & Beane at of $1 per 7,026,000* 6,787,053 6,466.716 5,442,506>,31,282,084 30,538,053 27,191,871 9,618,935 9,331,910? ;47,906,658 7,882,693 7,748,512 / after —V. charges 165, 291V. P. of shares 175,000 company (no The parj • PROCEEDS—Net with together proceeds 1957, be to are Charles by costs meet " the scheduled in April, be to 1957 of made to additional timber in paper for 1957 and provide most in reserves bridge, bank notes and officers Pedalcopters on K. the and for used were issued subsidiaries, its produces and converting printing, commercial It is believed to be one of the larger pro¬ types of paper, accounting for about 8% of the annual . ducers of "these in President, Its office is his wife, located at ~ Loretta directors time. of That the do company will future be present time it is placed around and spherical a local products CAPITALIZATION not plan the company equal sales for to of the amounted $1.76 per to same period of ot 50 cents per common May and stock. 1957, 31, to 185, GIVING balloon.',". On the turn space net income This to EFFECT 1956. income For the $4,644,000, are share. full or currently year $5.43 being with net 1956 per paid net share. at 'the per sales " Outstanding 1,500 shs. 2917. p. bef. Fed. Federal income Net Cash 1957—3 Mos.—1956 779,000 $974,887 $2,663,562 836,458 663,855 $0.35 profit $1.00 dividends share— per $0.30 •Based on 2.788.191 Barton W. Druckenmiller, plant there has p. at been shares in 1957 and Mich., difficulty - $0.58 was $0.60 2,655,420 4n on July. 10 the West Winfield, Pa., at " 1956 that J the strike settled $0.50 at • • were ., Norris . E. , & will the for be to Hirshberg, Inc.- ■ Aug. 15, 1958 * Federal •* which, it is estimated, 1957 1956 $14,000,000 $11,525,000 sales before Earnings trust Earnings and Sales— June 30— Months Ending York, 1957 and to mature annually from * , '»-* Plough, Inc.—Reports Higher Six Net 6,000 July 24— up to noon (EDTi on July 25, in New purchase from It of $2,220,000 equipment dated . 17,000 10,000 F. Button & Co McNeel-Rankin, Inc.—___ / / • taxes — __1__ taxes income ! — 1,415,000 680,000 1.080,000 ;• 520,000 Penn- that and plant.—V. Net 1 earnings Number of shares outstanding 184, Earnings 1799. per share $735,000 $560,000 1,218,438 $0.60 1,112,456 $0.50 forth above reflect the issuance of additional common of Coppertone Sales Corp. and include earnings for the period ended June 30, 1957. It-does The figures set shares (J. C.) Penney Co.—June Sales Off— 1957—Month—1956 S Sales —V. their not 1957—6 Mos.—1956 1 $ ' ',"$ $ sales the shares on 105,057,892 108,249,715 540,575,729 541,716,646 the for and include 1957, of the acquisition operations for the 1956 period." On June 14, Plough, Inc. approved the exchange of- 77,682 common stock (which shares have been listed York Stock Exchange) for all the outstanding Copper- Coppertone directors of Plough, Inc. New tone" shares. 185, p. 2917. . B. Solmson, Executive Vice-President of Plough, Inc., in commenting on the increase in net earnings, stated, "It is the policy of our; company to increase dividends when justified by-increased Harry Peoples Drug Stores, Inc.—June Sales HigherPeriod End. June 30— quarterly Hie underwriters in , to 1972. inclusive. They are to be secured by new. equipment; will cost $2,847,500.—V. 186, p. 217. $1 35 - bids 15. Aug. 1 327 710 ' company receive certificates, %3,056,000 1,672;915 "• -7 ' 185, p. 2917. The * $1,629,619", $3,592,661 ' $0.25 President, stated Petoskey, no VI,211,000 2,314,000 •Earnings per share •Dividends 1957—6 Mos.—1956 $10,689,362 $14,742,592 $17,389,889 $21,630,059 inc. tax 1,753,887 4,977,562 2.840,619 6,648 661 taxes m Pittsburgh & Lake Erie RR.—Bids Penn-Dixie Cement Corp.—Reports Lower Earnings— Period End. June 30— —V. Co.—Exchange Offer Extended 185,' 500,000 shs. number of shares of said stock as ' \ " : ' 1 ', Shares Clement A. Evans & Co., Johnson. Lane, Space & Inc. a 128.000 !Co.. Inc. —_____ 38,000 The Robinson-Humphrey Wyatt, Neal & Waggoner,' 19,000 Co., Inc. 128.000 J. H. Hilsman & Co., Inc. 18,000 Equitable Securities Corp. 38,000 J. W. Tindall & Co 17,000 ' ... above.—V. Outstanding to the public at a price of $5 anuti *n. will be a several , General Telephone Corp. sales -jj: sale said , share, ■ price ■» $ stock for a the The obligation to purchase a specified . See - PRESENT FINANCING 500,000 shs. Shares FINANCING 2,500 shs. at offer follows: advertisement. an PRESENT TO (no par) $1,551,000, compares . $1)_. (par stock will share. obligation of would the' bannef of in the form 2451. p. stock common sell net sales of net income of $1,872,000, or $2.18 DIVIDENDS—Dividends rate ended $25,777,000 of share $26,077,000 and $61,689,000 and net months five ,* } entered into an. agreement with the underwriters (their representatives being Clement A. Evans & Co., Inc. and The Robinson-Humphrey Company. Inc.) for the sale to under¬ writers on a firm commitment basis of 419,000 shares of $1 par value and of , operation Authorized stock Period End. June 30— the «. UNDERWRITERS—The company has Wood- Ave., sell advertising planned to ■ Common ■—V. 25. B,, Paul, Cedar 547 Jan. on per the national appear _ New- Jersey output of the book paper industry in the United States. EARNINGS—For >» Authorized specialties. operations and V1 CAPITALIZATION GIVING EFFECT TO general other rotating balloon of the aircraft which would be in the form banner Dixie's with 34,210,127 c working capital and incorporated was Paul this at At company. purchase price for interests in of the books, magazines, bank notes The 1958. $8,000,000 about the financing will be used by the subsidiaries and for general corporate pur- "> to , N. J. The to Maine. together EUSENESS—Company, sells improvements totaling capital earnings, *- proceeds, from advances /BUSINESS—Corporation was organized in Georgia on'June 5, ,*1957, has "two wholly-owned subsidiaries, Peachtree Road Development Corp., and Mlnosa •• Corp/" Tn'er'juu^uus to engage in , transactions involving (1) the development an! the promotion of the de¬ velopment of real property in and around the City of Atlanta, Ga., and such other locations as it may-deem desirable; (2) the acquisi¬ tion ot businesses"ot 'boncroi tnti o ' j an t.pes and descriptions, for the purpose of operating such businesses over an extended period of time, or subsequent resale; and '(3) the investment of a limited amount of any surplus funds in sue ut '■ *\r%nw>cj «i--,«*ed' either on the unlisted market or 011 a national securities exchange, or other ventures, as might be determined to be desirable by the board of directors. Common Richard K. Paul. son, Profit retained including funds company . the stock will be used, $4,000,000 of the company's outstanding 4V2% prepay to other - . the sale of from proceeds v. . - on June 18 offered publicly 1,000"shares-of common at $20 per share as a speculation. The offering is not BUSINESS—Company at $38.25 $15) (par of- "and corporate purposes. Net share. per stock common 40,279,357 • ' underwritten. publicly on July 17 an issue of associates offered and 35,866,000 , Pedalcopter Co., Woodbridge, N. J.—Stock Offered— Co.—Stock Offered—Blyth & Co. Inc. Paper for poses.; , ',41.197,992 income Peninsular Telephone Oxford 316,067.547 operating Net Net taxes__- operating taxes— Other a Co.—Secondary Offering—A secondary Elevator Otis *$1.33 .$1.26 Earnings per shares—* 1 , Offered—Public ' shares of common stock secondary offering of 70,000 PROCEEDS—Net 43,791,069 232,604,786 217,139.631 The Olin Mathieson 2}7..._ Co.—Stock & Evans company 71,504,553 stock A p., fering of 419,000 shares of common stock ($1 par value), at a price of $5 per share was made on July 16 by Clem- • $ j • expenses:..!— 2917. 185, p. 186, Investment Co., Inc. and The Robinson-Humphrey _/■/ Co., Inc. and associates. J i. / 4 ' revenues— Federal /.income 12,751,672 13,298,685 2,575,059 ■- . that declares has successfully tested an, important, new field s ex¬ well in the Gulf off Mexico which flowed at a rate of 672 day through a small choke. The Well is on a full-interest Phoenix to up Operating $2,543,887 $13,250,941 $12,745,597 $2.609;406 2,645,214 income operating after Net , revenues—— then only from earnings of the year 1957 and of also have a firm commitment by the city that it will payment of any dividend made after Dec. 31, 1958 with the terms of the agreement. ' the ,55.000-acre Federal lease block in the Eugene Island area, 40 miles off St. Mary Parish, La., according to K. S. Adams, Chairman, and Paul 1957—5 Mos.—1956 + • reached a basis for attaining withdraw its dividend-blocking suit; per ent A. $ it seemc-d vitally impoi- teat the months ahead could be further strengthen the company. company barrels Co.—Earnings— Telegraph to . r, Phillips Petroleum Co.—Announces New Well— This the purchase front it ol' series BB, due June 1, 1957—Month—1956 7 We agreement ploratory 21G. p. . negotiations will continue toward acquisition of the company's propeuy by the city or toward a long-+ term lease arrangement. The additional time provided by the new pact and the easing oi tensions in city-company relations should con¬ tribute materially to their successful outcome."—V. 185, p. 2376. ?60,000,000 first and refunding mortgage bonds, 1989 , so to .! Co.—-Bids July 23— 245-Market at company a.m. Electric Gas & . and 1958, years. contest "The ' ; Operating , litigation, activities city agreed the accordance in $1.19 : 185, p. 1890. iacts, inescapable certain of dividend the constructive to Eiidacott, President.—V. Pacific last, 1956. Co.—Earnings^* ; i . w 1957—Month—1956 1937—5 Mos.—1956 $20,113,533 $19,010,490 $98,637,797 $92,055,851 13,249,742 12.526,106 64,151,904 59,530,457 2,728,305" 2,675,331 13,742,518 13,228,943 1,526,080 1,265,166 7,492,434 -6,550,854 Period End. May, 31— not $613,069 t $1,30 ' — 515,882 shares—V. light end objective: later 513.328 587.000 ' •; $670,443 —_ buses. phase 2,374.211 521,743 630,000 —° expenses $ Ohio Bell Telephone Federal the -Dec. .31,, 1956 • difficult agreed to revoke its action of last August with respect tp the 30c dividend and to refrain from paying any further dividends until 185, p. 2218. 2,707.911 , abandon the company 55% or its from also agrees to most to this $4,530,097 "84,087.608 income income The . at $1,782,506—up 24,3% —V. L184, p. 1731. Operating Operating city Accordingly, company and city negotiators 15% a ident. The other iiicdine ♦Based on increase in capital value in the final half of its fiscal year ended May 31, 1957, according to its first annual report made public on July 15, by John M. Templeton, Pres¬ share ancl Earnings per Assets Up— corporation $361,285, was sales of Operating Shares, Inc.— Electronics & 1956 in /• . . . company full settlement. ' r"- .« to relieve us of certain future paving obliga¬ legislation drawn up for the purpose of levying in company arid "In ........ , Chemistry Nucleonics, sales Net savings in size und and substantial period the weekly the tant Earnings Higher— the 650,000 shares then outstanding.—V. on . withdraw will city of the negotiations centered around the subject of dividends and the city's suit in Common Pleas Court of Philadelphia County to enjein the payment of the 30c dividend declared Aug. 28, 1956. The suit Is based on the city's contention that •our assets are exceeded by our liabilities and capital, and that paymerit of this 30c dividend or of any future dividend would be Illegal. 720,600 corresponding the the due from and as additional rent for Broad Street Subway during commutation fares were in effect, accepting $100,000 earnings "The income taxes, totaled $443,548, or shares outstanding. Adjusted net for that claimed $725,000 recover yearly $500 license fee on each of our 1500 a , and Six Months Ended June 30— includes 3Q more harmonious design, weight.—V. 185, p. 2375. the on to . .. , stipulates agreement new*, suit time tions Pacific Clay Products—Sales and Earnings Rise— repofts that the' new line was com¬ two ance, This & Co Payson M. corporation provision after share a this for share a for cents years of research and development, and new instruments and devices for radiation detection and analysts, as well as a revision of all standard models to obtain Improved perform¬ after pleted sales profit, cents profit 1956. This increase the highest in the good customer acceptance of the new line. President, Phelan, M. third quarter ended over the same quarter of third quarter of this yar company's history and shows James Net 61% commercial customers for the from increased 51% 31 1943 the from its wholly-owned subsid¬ iaries were $16,716,361 for the six-month period ended May 31, 1957. This compares with $9,550,483 for the same period in 1956. Consolidated commercal orders. increase in rapid orders New May "The current 1,060 H. Co., & Pacific Airmotive Corp.—Sales and 51% Gain in Orders—• Following the redesign and modernization of its entire line of radio¬ activity measuring equipment, and the publication of a completely new catalogue early n March of this year, this corporation announces a and Maynard<& Co.— 7,000 _____ 115. p. general funds. devoted Nuclear-Chicago Corp.—Shows steady 186, iranchise rights. Payments by PTC under this contract, amounting to $1,060,000 a year, will continue. The larger part ($700,000 a yeari will be earmarked for improvements to city-owned transit facilities instead ot being placed as before in the municipality's 1,000 1.000 1.000 Stillman, 9,837,635 2917. p. Inc.— Stroud & Co., Inc.—— Co & Hanrahan Agreement and of its with full protection of provisions of the 1907 City-Company amendments will remain in effect, existing our 3.000 3,000 3.000 7,000 Curtis the number of" subway passengers increases in the when paralleling, surface lines are removed from and if and when;.,the subway is extended to if streets 15th subsequent 3.000 Goodbody & Co — A. M. Kidder & Co., Inc.— McDonald & Co __=„_ & same Avenue. "The 7,000 .___ Jackson Webber, the likely is as Packer ' 5.000 5.000 3.000 !■„ leases of the city-owned highspeed lines extended the company and 13th L. R. & the future, "The G. H. Walker & Co.—_____ Bache & Co._ ——__ Ball, Burge & Kraus— 7,000 7.000 Hlgginson Corp Moseley & Co S. F. Day 7,000 7.000 Weeks—— & Anthony Tucker, 10,000 Hemphill. Noyes & Co $10,739,977 $2,273,745 $11,506,725 2,085,463 10,459,813 $2,441,918 income operating after —V. 10.000 Beane— & Barney & Co._. Hayden, Stone & Co 1957—Month—1956 1957—5 Mos.—1956 Operating revenues.—— $18,193,171 816,999,525 $87,624,399 $82,656,377 Operating expenses 12,215,399 11,356,627 59,262,869 55,792,763 Federal income taxes 2,197,136 s 2,129,667 10,416,293 10,059,129 Other operating taxes— 1,338,718 1,239,486 6,438,512 6,064,508 Period End. A^ay. 3J— Net Pierce, of terms substantially the Broad Street Subway to • 7,000 5,000 5,000 Hallgarten & Co.—— 5,000 Schwabacher & Co. —5,000 10,000 Lynch, 1962)Broad as those formerly in effect. In the case System, however, the excess rental payment is limited to that called ior by the number of riders carried during the 12 months ended July 1, 1957. This limitation will be advantageous Shares Kidder, Peabody & Co. Inc. Merrill new "The Dean Witter & Co.—— A. C. Allyn and Co., Inc.— Estabrook & Co „ — 20,000 10.000 10,000 Smith, Northwestern Bell Telephone Inc Co., Forgan & Co Harriman Ripley & Co., Incl the City with and the Frankfort Elevated Line and embodying provisions in its contract relations with the municipality.' of more than a year's intensive negotiations with City result are ot 30,500 shares Shares & Glore, opposed to 31,133 for the totaled 43,363, as period in 1956.—V. 184, p. 2839. 1957, 15. retirement pi such securities. May Blyth ' moved an unprecedented number ot this month. From July 1 to its system Northeast during the first half Throughout of July J ■«". to several underwriters named below, acting through Blyth & Co., Inc., as representative, have entered into ■ an underwriting agreement with the company whereby they have agreed severally to purchase the common stock now offered from the company subject to tne terms and conditions of the underwriting agreement: the economy, thereafter, UNDERWRITERS—The ". company's 23-year history. Northeast Airlines, onlv last year scheduled to operate to Miami, Fla., showed load factors for the Boston-New York-Miami run as high as 93%. The load factor, a measure of the available seats occupied during a particular period, is u(sed by all airlines to measure operational 15 are 31, 1957 under the Restricted Stock Option Plan. shares were subject to options theretofore granted and 19,500 were available to be optioned under the provision of the Plan, tAt which listed the new Boston-New York-Miami factors separately, confirmed Northeast's expectations of the greatest report, 101,434 slis. 936,470 shs. 200.000 shs. tl,600.000 shs. value $15,i semi-annually the toward reported nearly a 40'I increase ' in the number carried the first half of July 1957 over the same 1956 period, according to Edwin E. Breed, Director of Sales. corporation passengers The 1,200,000 1,200,000 — (par 312% and 1958 Inc.—Carries More Passengers— Northeast Airlines, certain The agreement representatives, it brings to an end the harmful litigation and un¬ certainty that have burdened the company in recent months, depressing values and obstructing the path to efficient operation. The City's formal approval of the new agreement is expected this month. Certain phases oi the pact also will require the consent of the Pennsylvania Public Utility Commission Douglas M. Pratt, President, on July1 9 further stated in part: required on the respective bank notes, $300,000 on Feb. 1, *Payments follows: will open bids in Philadelphia, Pa., at noon, July 31, on $4 320,000 of equipment trust certificates. The certificates, maturing semi-annually until June, 1972, will provide 75% of the cost of a hopper car purchase.—V. 186, p. 210, company This 200,000 \ notes and debentures as 1958, $150,000 on Aug. 1, and including Aug. 1, 1961, and $1,650,000 on Feb. 1, 1962; 4% debentures, $250,000 on April 1, 195'J and semi-annually thereafter, to and including April 1, 1972, and $2,750,000 on Oct. 1, 1972. The instruments under which the bank notes and debentures are issued require, that under certain circum¬ stances the proceeds from certain dispositions ot assets be applied Certificates— Ry.—To Sell Norfolk & Western of value $100 Common The 800,000 Oct. 1, 1960 sinking fund de¬ 1 of 1961-1972 — stock (no par value— serial 4% new a Subway System Street bentures, due $100,000 on Oct. 2917. 185, p. —V. on approved 9 Pa., extending for five years (until July. I,-; which the company operates the * pity-owned under leases July on Philadelphia, the and 1959 1, 20-year Co.—June Sales Up— $100,000 due note, directors The of Rumford Oct. (J. J.) Newberry *$3,000,000 *9,500.000 $3,000,000 10,000,000 bank notes, due 1958-1962 sink. fund, debs., due 1959-1972 Falls Power Co.: 3%% 4% England^ in the words oi p. 215. story of the development of New the "area's leading citizens.—V. 186, the tells Revokes Diviednd Action of Last August— Authorized commemorate To Issued Extended—• Co.—Leases Transportation Philadelphia PRESENT FINANCING *' Outstanding TO EFFECT GIVING CAPITALIZATION System—Anniversary Book— England Electric New , 1957 and Financial Chronicle... Monday, July 22, The Commercial (322) 10 '1957—Month—1956 Sales —V. $5,426,245 185, p. 2917! ' 1957—6 Mos —1956 $5,156,719 $31,417,453 $29;049,678 " ■- 1, earnings.tv of If the directors trend of earnings, is maintained/, the board regular meeting to be < held Sept. 3. 1957 will adjustment in the dividend rate."—V. 135, p. 2917. present at Jts probably consider an , J 11 (323) V Polymer Corp., Reading, Pa Edwards & Sons is manager of cate which on (par value $1 price of $19.50 per share. PROCEEDS—Net shares for -will be proceeds used by working capital, tional production tional funds the other the construction for of G. from the sale the of retire to purchase additional existing banx and and addi¬ of machinery, the advance of addi¬ recently formed English subsidiary, and Development Laboratory 90 cents per was incorporated in Pennsylvania Peru on air of nylon seats, finely powdered, dry tnermopiasuo material. may be resistance to wear, low -surface and corrosion EARNINGS—For-the pany:, had 28 to net^saies cents resistance, • three of color. or months In "the $1,051,476 and net income CAPITALIZATION ended was future •Bank in notes—4"i- 1958 and GIVING and 1961 5*> EFFECT March TO of maturing A (par Oct. the 100ft. —v. 174, shares -Reed ' This 12, each M. Carl Sons A: Loeb, authorized the to maximum a main has agreed to be may Net Loewi & Co. Inc .-and are Fire 4.500 4,500 Division. 5,000 2,500 increase 2,000 is shares.—V, of St. mill in at A 1,000 in operation Portions in two conventional before Taxes * Net —V. per 183, All Cost division's of the property project in ing STATEMENT OF $1.67 3,895,900 $1,932,495 81.80 the ••* months 12 Increase $3.21 : 12 ; . months „ Harrison log of 1056 volume orders to The more ends President, facilities of and business, had of ended of-$4449,700 the May or includ¬ company ->«• In on the I -. the 31. 7.3tV proceeds working received. capital said He approximatly Julyv 1, 1957. electronic net mill Boise, proceeds are construction; $2,385,540 '>292,395 337,149 : SEC 184, Ida.—Stock to and EFFECT 1953 name (par 10 cents) • rtew Set shelf, 184, 337,149 Point, Stevens 1957 derived was 12, Inc.- voted Investment stock from of the and 1,620,000 to also of in the to series chrome-frame a panel the gives deluxe also of topped with Line" Roper This has placed a &25-J.000 order for airborne radar for weather wa>:uiig and as a navigational aid on Tore H. Nilert, Piesiimnt^annouuu-u -c.i Jtny 15. The AVQ-10 radar systems we. u d-jvtd>peu by the Rad«o Corp. of America. They will be installed on SA3' fleet of long-r_nge Douglas . strong smokeless broiler, and other would the the Dec. p. as a The for used to other pay for general TO PRESENT 5,000,000 shs. wa6 1957—Month—1956 1957—6 Mos.—1950 $2,189,122 $12,148,326 t v - will also Jet Caravellc Aviation Slid of Inking the now lout.s . be E. the of. part a airliners, U. Europe on Europe with equipment ordered ior an option 19^9 wi h France with connecting and , .., six on delivery 19 on by and more, seven Schenley Industries, Inc.—Trade Deal With. Mexico-— ' , wit-h of As also Is Carpenter Welfare Chairman Steel of Co., of a Agencies.—V; the Finance director 185, p. 2104. of Committee the and Federation artifacts States,"it result a earned was of the National of Income Mexican for tim. In international umqjo a for use m.ym >e.<; s oi „ ifto.dJO ■ yrmijtku trade deal worth of in the wo.il here announced on uuly 15. pilot project, cfanicl out -in collaboration with of Popular Arts and- Industries and the Anthropology, ill re" cliau LOOo Indian families Museum Institute new ancient completed Government Mexican Indian National there and handicraft has of been straw ihosrest rev.val 'of a wcav.ng.—V. 186, the in 217. p. a ' Chemical 'Enterpriser,- o* ConnnittA the-Executive has corporation the United " Schick, Inc.—Reports Higher Sales and Earnings— of , Sales and earnings for the six monil.s ended June 30, 1957 were higher than in the same peri-d last ye; r, it was announced on July 15 by: Kenneth C. Gifford, President and Chairman, •. 'Net sales for 'the'-period were $11,077,960, an Increase of 26.74$ over sales of $8,741,020 In the like peiiod a year ago. * this by Tex., of was corporation of the announced on July T.S.C. Motor Freight Line of the Earnings' before 12. $1,504,725 the the for taxes first for the period half of 195G. , against $l,9b8,373 -as were , . . Income/after taxes, for the first half amounted to $880,996. Increase of 27.2f$ compared with $692,801 in tne first six. months 'Net ICC , an , of 1956. Based on the 1,200,000 pre--ntlv shares nutv.-'wdtw, earnings equal to 73c per share in the first half of 1957 compared per share a year ago on the present capitalization. To Market New This Lighter— will corporation were with 57c Introduce radical's' a butane now cigarette this Fall, marking its first muj- r hi.edification move since it began manufacturing electric shavers in 1930. Kenneth C. Gilford, President. «n:-' t.h< company has obtained, through a long-term contract, exclusive rights to market the new lighter exchange. Secondary Offering Quickly Completed—A secondary offering of 10,000 shares of common stock (par $5) was made on July 8 by Blyth & Co., Inc., at $18.50 per share, with a dealer's concession of 80 cents per share. It was completed.—V. 185, p. 2036. be lighter, which features disposable simplified to such an extent that butane The tank and complete has it Tne lighter is three sections—head, out .ne. c a only case. line lighters of b? to announced the to trade about 1 will constitute sonic 15 or 20 model.;, with chrome, leather gold plated finishes. A big national advertising campaign will introduce the line to the public beginn.ng early in November, In ample time for the Christmas trade. Table models will be announced later. Under the terms of the contract, tlic lighter will be manufactured Sept. and 31, Safeway Stores, Inc.—Reports Record Earnings— The 9 highest mid-year net earnings in its history were reported on by this corporation, a record derived from less than lVuC out each dollar of in of common 1957, stock was outstanding during 3,8%,758—almost the 10"o more first 24 weeks ended June than the 3.566.451 average outstanding develop¬ share corporate during amounted to the same period of 1956 when net earnings plant the FINANCING same i 407« results for the first 24 weeks of 1957 with those for period of last year, net income after taxes was $13,978,010— larger than the $9,925,271 of 1956. Total sales for the same 24-wcek period of 1957 amounted to $950,518,879, and increased 6.6o'.i/ over 1956 when mid-year sales totaled $891,252,363. Income taxes for the first 24 weeks exceeded the company's record earnings and amounted to more than 1% cents of each dollar of sales. For this period ended June 15 they totaled $15,859,166 for the U. S., at the Schick manufacture at their all Inspection and pack g;ng bun; done In Lancaster, Pa. Schick here.—V. 185, p. 1892. plans iacer to Schlegel Manufacturing Co., Rochester, N.Y.—Expands New plant production facilities to produce its new product, woven ' per $2.51. Europe with plant customer purchases. Consolidated net earnings after taxes at mfd-year amounted to $3.41 per common share for more than 45,000 stockholder investors, Robert A. Magowan, President, announced. The average number of shares an 3,059,500 shs. units radar from airliners and North Atlantic via the North Polo. $10,769,382 - , $1,060493 sales contract was approved in an order published July 3. The acquisition of the company will add 3,000 miles of highway to Ryder Bystern's network and approxi¬ mately 500 trucks and employees. T.S.C. was founded in February, 1930, as the Texas Storage Co. freight line operating between Beaumont and Houston. It now operates throughout Texas, Louisiana, Mississippi and Alabama. " Negotiations for Ryder System's purchase of T.S.C. date back more than two years to June, 1955, when an agreement was signed for the sale of all T.S.C.'s capital stock to Ryder. The acquisition was ap¬ proved by the ICC Dec. 28, 1956 with the July 3 order effecting the in¬ Outstanding East long-range Douglas DC-8 Jo > Hi t will be delivered in 1960. Mr. Nilert said tile AVQ-10 radar was flight-tested by SAS for more than six months before the contract was s.puod.—V. 182, p. 2135. Stores, Inc.—June Sales Up— , Chairman Execution 15, be Global Express transpolar Far medium-range & 25-Cent Kunhardt Houston, 1585. speculation used (he back¬ on be the alarm- "Bake-Mastcr" popular Roper fea¬ 328. p. corporation will DC-7C timer at an the polar routes, ranges. electric of balance . "Insta- a products Scandinavian Airlines System, Inc.—Order^ Radar— four-iuch a models gas thereof, c- mponeuis or Indirect;?*', is primarily by the-military forces or poses. The amount which may be rcq.-irc.l for such purpose-has not yet been determined but Is presenile expected, subject to revision, not to exceed $209,000.—V. 181, p. 2245. ' • ' ; automatic four-hour a proceeds, the that "Vulue line offers directly least to the extent of $700,000. will be applied in outstanding bairn . ,..n inouuea ior working capital; will be used for other fceuer.il corporate purposes, including additional working capit.il. n.c company presently has under consideration the' enlargement ol its program for development and marketing of its flexible printed cabh .g, primarily for Industrial pur¬ has been feature Ropfer's high-style devices and systems United States. the and ' " . models hydraulic whose end-use, Net "Tem-Trol" July .12 i'ilcu~a. rcglscrati-.n stutement-with the khares of ito ch.ss A common, stock (..non-voting, TL-oj company proposes *»>' twae a pjoUc oa'Cnng.of-, 100,000 reduction ranges Registers — be and to 5,000,000 ' gas II. N. G.oiumission— of this stock through an underwriting g.oup .heudou by .Kidder, & Co. The. public oliermg pi.eo auu underwriting- tcrma are supplied by amendment. The. remaining 10,000 shares-are to be offered by the company directly ai its employees, the offering price thereof also to be. supplied by amem.mcwt. The company is engaged hi research, development, engineering, manu¬ facturing and marketing of a vttiic.y of elocU'uiuc, electromechanical to the change to Co. Nashua., 1 Feabody entirely stockholders 1P57, (Del.), Inc., Excudi.ge shares 444,828-.- 1936. Purchase •of 135, incorporated in Idaho on May 13, under the name of Mineral Exploration & Production, Inc.; changed to present title on Dec. 13, 1956. ... CougresaWon, ., Offered—The Authorized stock BUSINESS—-This- corporation in covering .110,000 .par-). Ryder System, Inc.—Buys Texas Truck Line— _ over Common early . This, corporation .on . , . 152,433 • . Sanders -Associates, r With Securities and . Comparing GIVING St. -Regis , Stanislaus>. Kostka - . Of ; . ■ Co.,-which 1957.—V. 186, again purposes. CAPITALIZATION subsidiary - would-have . Lumber There were recently -. called .for redemption as of July 15, 1957.-$2,000 first-mortgage serial bonds dated June 15, 195U at. 100'/*.. Pay¬ made" at the First National Bank,-West Lend, Wis.—V. 172, p. 383. 1956 - ana per snare Neils - , '"1957 $3,33.5,853 the share), without underwriting. costs St. - J. ment-was full-length fluorescent lamp, etxra-capacity Protestant 1957, over for that $200,000 field.—V, is offering to the public PROCEEDS—The net income include of ■ and '1 2133 pp. " ment *$$.71 , both'-years _ Mexico's of Inc., 13,465,391 $1.25 1 Wis.—Partial Redemption— - ago. the panel. Roper director -of . issue of 2,000.000 shares of common stock at par (10 cents per in Townsend to $2,363,484 July Mines, now Inc;,- and periods.—V. respective that provide from $2,000,000 operates stated to recently increased than company Profile June on Airlines, common years resemblance Mr. share. Johnson, enlarge to 13,797,020 9,895,543 . - . native author¬ Privately—This corporation announced on July 17 the private placement of two issues of securities, without underwriting. These consisted of: $150,000 of 5 y2 % ten-year subordinated notes with warrants per¬ mitting the purchase of 10,000 shares of capital stock at $10 per share; and 5,000 shares of capital stock, sold at a creased a - • 185, p. 2918. since i ended Production Research Corp., Thorn wood, N. Y.—Places used 170, 116. p. York, Securities per " share common consolidated a has been a director and member of the executive committee of Royal McBee since formation of the ..business machines company 'in 1954. He had been & director of the predecessor Royal Typewriter Co. $3.72 2452. price of $9 . $ 179,223,883 ^.______lu,o53,321 — — per Klngsley Kunhardt as Chairman of the Finance Committee was announced recently by'Philip M. Zenncr, President. Mr. Kunhardt, a Vice-President of Guaranty Trust Co. of New the 12" months ended May 31» 1957, earnings per share of com¬ stock were $1.58, compared with $1.55 for the corresponding period ended In 1956. These earnings are stated on the basis of the numbers p. income Roper's exclusive of Appointment For the 1956 1957 $1.82. This $3,991,746 construction' projects -amounting • to '$1,-668,000, transmission and distribution facilities. at made was ACCOUNT and became Royal McBee Corp.—Chairman of Finance Committee for outstanding offer ji, ou.j ' 1,317,200 $3,460,268 plant during 'the and for Income on ,-:NOTE—Figures for ' , so held .Period End. Juno 30— mon shares been 430. p. • . "Silont-Glldc" —V. 12 months ended May 31, 1956. Total operating costs amounted to $51,103,000—an-increase Of $3,619,700 or 6.3^-. Net income for the 12 months ended May 31, 1957, was- $9,877,700, (and for the same period ended in 1956 was $9,150,500. of - above.—V. > Sales revenue this mat reports mi earnings of Rhinulauuer Paper Co. and Pacific Waxed Co. were included in tlio consolidation for two months. Had SAS 1957—6 Mos.—1956 $65,516,500—an to two three tures—V. V operating amounted 184, Philadelphia—-Merger— 2376. series. clock, $78,180,379 $69,249,453 "7,356,108 5,368,946 property expire^ they been Included for six months, the Pur¬ common j.'- and Resort 185, p. control oven, EARNINGS 1957, amounted to $38,089,000. * In June, the directors additional $1486,700 Total Bit plan.—V; •• authorized condiment timc , ized "Stock on share outstanding comuwn stock of St. cUmr shares for shares of exchange Regis expenses—J.—•133,102,916 151,961,472 taxes Sales Paper „ Philadelphia corporation Rose's 10- 2219. to hut The buildings >$1,798,512 additions May 31, the new family with Potomac Electric Power Co.—Earnings Higher— Gross that Set" has northwest ; t meeting company, ol' the 1957—3 Mos.—1956 taxes_,___ com. p. said Roller newly designed, competitively priced series of $39,147,486 $35,022,401 3,817,812 "2,495,295 2,019.300 562,860 profits Earns, in mills.- income on Reed - wide December. existing COMPARATIVE * * Roper features which have proved most popular in other Roper models. One 40-inch,, three 30-inch and nine 3G-itxch versions arc available $1,700,000. the on Integrated of sales Profit to employees' ' July on. introduction Period End, June 30^— Net ". ' SEC Supplementing Roper's present 1957 line, the new "Value Line" gas ranges offer distinctive, modern styling plus top-quality, exclusive present wire rope manufacturing are being connected and an extension constructed to form mew manufacturing simce of ubout 40.000 square feet. Manufacturing equipment has been engineered and will be arranged to produce considerably more wire per square foot than of the (Geo. D.) Roper Corp.—Introduces New Ranges— 1,500 ... Mo., incorporating a design proposed smooth flow of operations und materials. to be completed by September and the mill located be LotUs and will be facilities. for Earnings Louis, approximately to is 1 would $ and top burner heat control is offered on several "Value Line" models. "Tefii-Trol," Roper .spokesmen say, has met with outstanding' success dlncc Its expected ofier Net income a St. provide is estimated Th» shares pursuant * 1,500 May 1 ou building alterations and exten¬ drawing mill at the company's Leschcn Wire construction work is being done by Fruin-Colnon scheduled, to be been its lncomel—2 1,500 Co.__ & started The to Construction in income— special a parent wire Co; Leschcn of of its capital assets, regular operations. name (II. K.) Porter Co., Inc.—To Construct Mill— by $1.41 It that year 2_2... 173,551,780 Costs introduced by this corporation. Contracting St. this Six Months Ended June 30— Airlines, Ine. «(N. €.-)—Revenues Risc- 4,500 Smith, Moore & Co..l„__ Blewer, Glynn tz Co Ropr 10,000 acquired Association 4,500 9. v/as stock, to : Net sales non-operating Income of $152,433 shown above for the 1956 resulted primarily from capital gains on the sale of aircraft other assets. Durliig the 1257 period, the company-had not sold 4,500 ____ R. S. Dickson & Co., Inc.lNewhard, Cook & Co now Co. The 25. ad or Lumber common Prov. Fire Association 'of -Philadelphia--above. At Reinholdt tz Gardner Stix a Interests with income___ from -Granbery, Marache «fc Co._ Laird & Company, Corp. Ellis, Holyoke tz Co.____ Metropolitan St. "Louis Co. 4,500 Construction June holders to Tacoma earlier announcement CONSOLIDATED L.eOME period any 4,500 for with statement " the" purchase 4.500 sions registration -'Five Months Ended May 31— Shares tz _ with , Total, revenues office and Dempsey-Tegeler fc Co.____ p. offer an <fc Regis on The underwriters Cruttenden, Podesta tz Co._ - together which Resort ; 265,830 shs. Hemphill, Noyes tz Co Johnston, Lemon tz Co._ 186, connection with its Paul St. 1639. -381,295 slis. purchase-its several severally 5,000 —V. compared as ' make Birmingham, Co.—Registers With SEC— a Reliance Insurance Co.-of , "* 1,000.000 shs. ; 1400.000 shs. option of 14.000 Rhoades America. Co., has covering $320,000 Of Plan," • 5 "See , Edwards Radio In Reliance Insurance Co. (I'hila.)—-Proposed New,Name y Outstanding 1 Shares G. out-smuuing 10. $232,976 follows: A. Peru's Inter¬ RCA FINANCING ; number average 186, p. . » Roller Bit company F1K1 1957, chase $100,000 company's which the on St. Regis Paper Co.—Exchange Offer—Earnings— Department, r. operating of go Mr. 2192. p. non-operating number to r; .building will Increase this amount to $279,206. as that 16 country com¬ value names American recently, called for redemption on July 15, 1957, the entire outstanding-A1.9',e> first mortgage bonds'dated Doc. 1, 1951 at Payment will be made at the St. Louis (Mo.) Union Trust Co. Net the Lima," the on . were Net of based lust year.—V. assigned the first television license Dowley- said, "and the stat ion plans tire -air by November."—V. 185, p. 2918. in ... totaled of See the * shareholders UNDERWRITERS—The 1,984 in 1S56. paid preferred -u.._ umi t.ie first 24 weeks of $690,065 as compared with $972,549 as of June 16, 1956. Net earnings after taxes lor gateway's second 12-week period of 1957, also ended June 15, were $7,3jO,zbO or $l.bO per common share Dividends - 1957 2562. p. this year, compared with 15 June • delivery of an RCA two-kilowatt trans¬ and complete studio with provision for pick-up. i (par $1—voting) 1955. 18, exercise July on for Government limit JThe Soiith. Export Operations remote all indebtedness Xot-her.-than general trade obligations)-of $1,500,000. ,on of , There • '*On of America on Issue thus * $162,786, .equal PRESENT In addition, - another 89 stores are now under construction and' expectedto open.before year emu. As a Tesult of this replacement the company had i.,ol2 retail stores open lor business as are program, ' sixth Redeemer Evangelical Lutheran Church, Mich.—Redeems Bonds—• T stock 1957, 31, -Authorized $1—non-voting) stk., class B completed.—V. 185, was • antt-galllng, by. machinery -and equipment ♦Mortgage payable on real estate Common ' .. . (-partially secured Common-" stock,-class ' chains camera "Tiie: Peruvian be the contract a addition to-Radio like period of 1956, -net. sales -totaled $101,519, or 19-cents per share. . : -r ' It Dowlej', Director, Sales, announced signed mitter, two * - ' Colorado—Secondary Offering— cams, properties friction, ' " $1;378,93® -and. net- Income share. per Tne F. has to In gears, -bearings, valve and electrical insulations. are surfaces become television. with M. ,. right to sub-license) for the United States from the firm of KnapsackGrieshelm of Frankfurt, Germany, "tor a new coating process wnich is called the "WhirlcLtd" "process in • this rountrv. The process con-, sists .essentially ■ ef dipping a -preheated : article Into a fluldized bed chemical share. will national "TeHon" is added of Mining 723. p, Canadian and State governments as compared-with $11,127,666 for. the same period of 1956. : Since the first of the year, Sal'eway has opened 94 new and closed 63 old retail stores as-compared wiin 93 openings during all of last distinct meres Fine and Among other, widely employed by the electrical industry as insula¬ tion for high temperatures and as coil -and cable wrapping, by the chemical industry for gaskets, seals and valve parts', and by other industries where a material requiring "non-sticking" properties is required. The company also-has acquired an -exclusive license l with of Idaho.—V.185, Yellow Gap. Radio Corp. of America—Peru to Get TV— corporation war Profile Corp. purposes. uses County, .consist of three claims, or about 240 company mining near secondary offering of 17,900 shares of common stock (par $10) was made on July 11 by The First Boston at $41 per share, with a dealer's concession of 70 000 loans Installation ; principal washers, lode and year.- development shapes. 'ine Valley of.'the 12 in A 1946, to purchase all of the assets and business of the Reading (Pa.) division of Atlantic Plastics, Inc., a New York corporation, whicn had been started in 1944 to develop methods of making nylon in rod form. Since its organization the company's net sales have increased from $38,411 in 1946 to $4480,789 for the calendar year 1956 and $1,378,938 for the first three months) of 1957. Tire company is the major producer in the United States of nylon rod. strip and tubing and one of the important producers of "TEFLON" in semi-finished uses. properties Public Service Co. of 30, rollers, mining Listrict, - company the The : groups, of a total of mineral land, located share—non-voting) at per company's new Research a corporate BUSINESS—The Jan. the including and to Offered—A. underwriting syndi¬ July 18 offered 70,000 shares of common stock, class A a Stock an plastic windlace, have Tccently been completed by this company. Hie new fabric, developed expressly for the-automotive industry for use windlace, prevents wicking, fading and bleeding as and is easy to clean. an original and rcpl'cement equipment supplier to auto,-truck and bus borders.' suppl'ing assist straps, windlace, window channel, seaming lace arid other interior textile trim. These recently completed plastic weaving fftcilii.es will be among the first to be transferred to Schlegel's new one story, - fully - air and The all company major humidity mh#» U. is 3. conditioned mntnanv ulsn plant has a now nlant being in built Oakville. outside Ont., or Canada. Rochester. ; %2 The Commercial (224) and Inc.—Reports Gain— Seaboard & Western Airlines, / in scheduled increase in last with compared $12,689,514, the second quarter sales of $12,530,968 in the same period „ the second quarter of 1957 was taxes for income before income compared with $1,190,017 for the same period last year. Net earnings were $575,042, equivalent to 89 cents per share of common stock outstanding at the end of the period, compared with $581,449 and 87 cents per share in the same period last year. . Six months results showed sales of $24,096,138 in 1957, compared With $23,320,247 for the same period last year, and' net income of $1,026,037, or $1.58 per share, compared with $1,005,852, or $1.59 per share in the similar period a year ago.—V. 185, p. 2604. $1,270,342 - Paul for and tion, use exterior as common installs panels.—V. the of facings 185, Sales —V. 185, • working for the first half $5,477,206 Sales the the of in Total tion half first ? 1,475,033,235 1,410,196,116 25th its of the of with year sales of All Feb. to paid was in January, reached 1957 June at or Income totaling 14 cents $9.77 30, 1957, June 30 of ago.—V. year share a paid in the 7,609,962 (also 135, reported as by Estabrook sales Net Interstate ; 3,600 profits of this company were down for the first fiscal sales since then are running substantially ahead of last announced on July 15. sales Net for the three 3,600 been for is & be E. "are relatively sales lower attributable the to fact last that quarter," year Mr. introduced we said, Beck our and products early in the quarter. This year our new cartridge fountain pens and sterling-silver-tipped ballpoints, which are account¬ ing for much of our present increase in sales, were not introduced Until the'last week of this quarter." ' • -v• " Developed Befck Mr. In sales stated and Incurred prior —V. p. 186', the lower net "substantial the to earnings manufacturing to due were engineering and and the marketing 51. The and expenses 186, on Bell by Sherer-Pennant Proprietary, Ltd., of Sydney, it has been by John H. Coolidge, President of Shercr-Gillctt Co. and Herbert J. Jones, Director of the new Australian company. Agreement between Sherer, a major manufacturer of a duality announced line of and Pennant equipment which dates its origin back to* 1352, Refrigerators Proprietary, Ltd., was reached at Marshall refrigerator Other will start mediately," Mr, manufacturing Sharer's self-service 1958 line 54,095,151 35,850,868 the 10, N. 32,951,261 1957-1959.—V. 185, p. 18,988,548 sales Net earnings 33,252,721 34,-280,189 Gain 32,107,542 29,479,428 1956 $6,609,283 4,115.261 and 1,240,161 $1,253,861 930,815 $364,745 $323,04C standing assets of Period End. June 29— Sales — —V. broadcasting less than on June 25 licly ; „ Including interest and depreciation. Gross earnings for the 12 months costs by TV Broadcasting studio $15,000 that be can equipped was corporation's Hallamore the $10,860,653 Studio— operated completely by one all from man introduced pub¬ Electronics Co. $1,162,973 $845,783 $0.68 $0.47 pre¬ - — based on 1.568,580 shares out¬ period. Also includes profit on sales share for 1957 after Federal income tax and .03c for share a a 1936. by company to include operations of merged subsidiaries reclassify certain items for comparison with 1957.—V. 185, to Stauffer Chemical Co.—Petrochemical Surplus $37,750,642 $35,119,074 This company, * Corp.—One-Man television (after share 2495. p. 1957—26 Wks.—1956 $6,625,212 2918. p. Siegler A and 1957—4 Wks.—1956 $6,840,459 _ 185, Dividends to equal .07c and 1 : ^Restated — 1 - common per preferred dividends at end of the 1957 "After 1,502,116 Crl07,700 764,033 2,255,823 —___ minority interest dividend)___ . Cr55,8G6 1,143,716 -— assets—___—________ - income $1,362,227 ; — --——— income Net Jun 16,'57 tJun 17,'56 $17,398,779 $15,310,867 —— - and tax 1,351,083 - — (& Subs.)—Earnings Up— profit capital on 1957 $7,423,972 4,710,657 31— — 2960. — Operating 997,482 Eight Months Ended May profits ' . Ended— Twenty Four Weeks *Net "'Expenses Net 186, p. 218. Y.—V. Standard Packaging Corp. 29,502,346 21,405,399 6,219,311 5,772,268 6,814,273 Taxes Shoe Corp. of America—June Sales Up— at the to compared classes Since Oct. end 1, of Bibliography of Privately—Pursuant to a purchase agreement negotiated by Wertheim & Co., Spiegel, Inc., has agreed to sell $25,000,000 notes due July 1, 1972, to an institutional investor who has agreed to purchase the notes in instalments during the years $ 2918. p. new Division, 315 Fourth Ave., New company's Remington Rand, York Southern Canada Power Co., Ltd.—Earnings Increased interest.—V. 2013. from • ferred im¬ Gross p Co.—Earnings $ 3,733,294 7,354,514 operating inc charges 185, a 1957—5 Mos.—1956 r 5,615,442 4,261,921 taxes 2228. p. 47,913,255 262,911,009 235,242,459 32,345,208 170,301,628 154,634,023 6,627,848 taxes— after Under the agreement reached by Sherer and Pennant, Slverer de¬ signs will be manufactured by Pennant Refrigerators Ply., Ltd., and sold by Sherer-Pennant Pty., Ltd., in which Sherc-r-Gillctt Co. holds an 177, - . $ $ expenses operating •Net Net —V. said. Jones $2.10 Federal May. "We 547,468 announced has literature (booklet EL 335) for those interested in learning this absorbing subject. The publication, believed to be the first of its kind in the industry, has been prepared with emphasis on scientific and engineering use of computers-and may be obtained about more 9,369,992 Telegraph & revenues income Bibliography- computer $1,149,912 $2.08 1957—Month—1956 ' Operating Operating Fed. * Telephone • summer 10,320,493 184, above.—V. Co. Period End. May 31— The complete line of self-service refrigerated cases manufactured by tills company will be manufactured and sold in Australia beginning this nationwide -system. its on Univac Rand Remington To Sell Its Minnesota —■ - Telephone Southern y Sherer-Gillett Co., Marshall, Mich.—In Australia— Co. Southeastern Telephone Central routes the of many Spiegel, Inc.—Notes Placed Properties— See selective Issues New Computer 52. p. extremely sensitive to vibration, is designed to pick out vibrations within the jet engines. In the case system, measure propeller-driven Electra, it monitors propeller vibrations as Well. The system for monitoring the jet engines in flight is expected to reduce considerably overall maintenance costs of the two jet types, AA said, by pinpointing minor engine problems early. American will introduce the Electra and the 707 in about 18 months 1956 — Co. research into turbine engine aboard American s Lockheed according to the announce¬ ■ 547,468 _L share Gyroscope of years the of 1,200 Co $10,519,904 shares common products." new ' ■ ■ reduction the to promotional —V. per after Sperry by ment. $1,140,930 common Earnings the jet age were predicted announced an order for engine in performance performance, the equipment will be used Electra propjet and Boeing 707 turbojet, 2,100 Inc. 1,200 *> cost $2,500,000 to miles north of the Sperry Device— aircraft for July 16 after American Airlines, Inc. vibration monitor systems from Sperry on 2,100 1957 and taxes.:.—: levels New $11,467,423 income of No. new . models equip, and Phoenix. of Shares Co., Up—Net Off— ' — Expenses including fixed charges Net first the for revenues air-conditioned facility, which lies on a 430-acre tract, 15 completely construct reduced Twelve Months Ended June 30— Gross • will center pur¬ Co., Inc 1,200 Co.—_ 1,200 M. Law & H. Pringle A. 3,600 & employed by the new plant but rise to the 500-person level by are that expected — Barnwell Huger, South Jersey Gas Co.—Gross applicable. "The in due 1 2,100 Inc.— 2,100 Frost, Read & Simons, _j • presently this figure employes 130 Some Co., —, Arizona Plant— Sperry schedules. Corp._ 2,100 Chisholm Varnec'oe, Inc. 3,600 36,006,830 Phoenix Co., a division of Sperry Rand Corp., on July opened the doors of its new, permanent home in Arizona. The company's initial 81,000-square-xoot facility will begin produc¬ tion at once of flight control system components for very advanced aircraft. As its growth continues, it will develop and produce a great variety of electronic systems and equipment for both commercial and military aviation, Herbert C. Bostwick, Division Manager, said. Transfer of equipment and machinery from the company's temporary headquarters in Phoenix began July 13 and continued through the -weekend so that there was no break in the company's planned work proportionately by the number of shares subscribed by stockholders or employees. See also V. 186, p. 116, ended months May 31 were $5,613,328 com¬ pared with $5,962,369 for the same period last year. Net earnings for that quarter were $220,935 or 13 cents a share its against $475,898 a year ago which would have amounted to 29 cents a share if the company's recent two-for-one stock reclassification had . Securities & Co Norm & Hirschberg, 38,193,303 41,648,536 mid-1958. to McCarley Corp 8,501,020 Sperry Rand Corp.—Opens New unsub¬ — 4,700 43,894,022 7,666.501 7,189,282 9,004,436 V 2918. p. notes & 4,136,172 • charges., 185, Announces New Evans A. 6,000 3,600 Inc. be after it the shares 8,587,271 income G. A. Beck, Executive Vice-President, year, f of 53,942,137 32,214.258 incomer taxes— remaining Inc. Robinson-Humphrey Co., and but of such Corp. „ *To 4,988,962 15 the United The company t Johnson, Lane, Space & Co., Inc. $5,985,372 \ 1957—5 Mos.—1956 $S 48,819,814 260,590,494 237,753,087 30,041,509 153,765,331 143,842,118 7,425,290 42,698,266 37,291,701 3,686,514 20,2321)75 18,425,965 $ operating Net Alester G. Furman Co.. Inc. 2,100 Co <Si Securities First $6,154,347 4,718.191 . 1957—Month—1956 - - .. Net , 4,700 Beane Co Courts paid in the first half, the same half of 1956. Outstanding shares new high) compare with 6,011,801 were (W. A.) Sheaffer Pen Co.—Sales Now Rising- quarter, & -. taxes— •—V.1 1,400,000 None 898,786 shs. underwriters Clement 9.200 Inc. Co., ■: operating -- Outstanding 1957. 25. June number maximum Co.— Securities Carolina The ' Federal t$5,000,000 ; 2,924,984 15,000 shs. 1,000,000 shs. . the of names Pierce, Lynch, Fenner figures compare with $58;1956. Dividends from investment first a j... FINANCING PRESENT $6,500,000 follows: as are & Crawford H. G. Merrill, 981. p. each by 1,018,825 The the and Dickson S. $1,220,627 882,948 183; p. 2960. Operating revenues— Operating expenses vl_ • "Shares These share on June 30, a share per be used will , TO borrowed $1,000,000 $13,348,292, R. $1,194,551 eharge.O after Period End. May 31— > 1971. shares, chased 30, period. 1957. 15, 868,147 418,988 Southwestern Bell Telephone & Telegraph Co.—Earns. , by the Equitable Life Assurance Society of owned tlncludes scribed of Rubin, its President, were $67,430,053, (a new high), $8.86 a share; in addition a 93-cent capital gain distribu¬ amount a sales gross EFFECT GIVING notes due Feb. 15, are 1957—5 Mos.—1956 $8,174,735 $43,291,589 $39,476,323 5,530,024 30,366,282 26,427,349 1,015,559 4.654,655 4,992,217 / 408,525 2.116,3052,07.0,885 1957—Month—1956 6,420,527 , taxes__ The UNDERWRITERS—The P. 764,720 at with compares June Fund stock presently intends to borrow on or before Dec. 31, 1957, the $1,500,000 authorized to bo borrowed by "issuance of 3.85% 1956. ended 12-month any assets figure of months 12 for net Edward equal the the for highest This shares. the of Authorized $6,120,688, the largest for any first half-year in its history, reports Harry L. Sebel, President of Selected Investments Co., national dis¬ tributor underwriting an is an integrated 1971Liability (non-interest bearing) for ad¬ vances under Paperboard Manufac¬ turing Agreement, due Dec. 31, 1982 5% cumul. pfd. stock ($100 par value) Common stock ($5 par value) 1957—5 Mos.—1956 1957—Month—1956 Telephone Co.—Earnings— operating: income Net. industries. CAPITALIZATION *$3.85% \ . $8,902,213 revenues expenses ___' income taxes_._ Other''operating Net compared with an average holding the 2,/2-for-l split of the stock- as 218.. '. Period End. May 31— Federal 7.3% a adjusted for p. Operating producer of paper and paperbusiness is in the manufacture and sale of cylindrical paper products for the textile, construction * marked from the sale requirements. * BUSINESS—Company board whose principal conical and and electrical shares, yiar 186. Other proceeds capital ' Selected American Shares, Inc.—Sales at New Highs— Fund £ Operating, on PROCEEDS—Net States, This headed Co. & Dickson S. which 461 last 1956,—V. Southern New.England ' with compared as Co.—Unsubscribed Shares Offered to Sonoco Products 2377. p. Congress 43,370 shares at $25.75 per share. 2918. p. 335,812,175 320,976,208 „ Jr., by and year vVhole. a 1957, holding of shares 507 in. May buildings Sears Roebuck & Co.—June Sales Up— Period End. June 30— of as 22, 1957' the record date for this meeting, the company stockholders, an increase bf 1,929 over, last year,,v.lth an 20.555 average- were July 15 publicly offered 16,630 shares of common stock ($5 par value) at $26.75 per share. The offering is the balance of 60,000 shares originally of¬ fered to stockholders and employees, who subscribed for the company cuts and forms the desired shapes out of sheet enameling iron, fuses porcelain enamel to these bases, prepares the finished panels for erec¬ enamel Windels, intended group Exchange on July 2 shares HO cents iJar value) of this corporation, which was incorporated in Delaware, with principal executive offices in Long Island City, N. Y. It is primarily engaged in the manufacture and erection of architectural porcelain enamel products used in the building and construction fields.' The company's business is the outgrowth of the combination of two partnerships and e corporation whose operation dates back us far as 1931. Among the first concerns to design panels made of porcelain 800,000 listing original for for Public—R. the American Stock of Governors of Board .bad purportedly made under an exemption short-term notes arising In current transactions," sales last May country the of April-22, -As . . and with for decrease . —V. York— Seaporccl Metals, Inc.—To Be Listed in Ncvv The epproved the issued by United States District Judge 18, 1957, at which time compared as securities these purchasers; of all to price Regional Administrator. ; "This exemption was to permit the widespread sale of securi¬ ties to the investing public in order to provide capital for a business venture without compliance with the full and fair disclosure require¬ ments of the Securities Act of 1933," Mr. Witsdels further stated. The Commission was represented in this action by Paul Windels, Jr., Regional Administrator, and William D. Moran, John J. Devaney, Jr., and Ezra Weiss of the New York Regional Office. The investiga¬ tion leading to the filing of the complaint was conducted - by Mr. Weiss under Mr. Windels' direction.—V. 185, p. 2377. : ' of 1957 sales of year. Net Ryan. offers statute thf> said Corp.—Sales Higher— for reports corporation J. "These never Sealright-Oswcgro Falls purchase temporary restraining order was Sylvester airline, flew 5,192,197 ton miles 3,054,232 ton miles during the Comparable period of 1956.—V. 185, pp. 2376, 2220 and 1679. only scheduled transatlantic all-cargo during the first half, compared with This of to th registration. This proceeding was commenced on Jan. tho 15, the transatlantic air freight traffic for first six months of 1857 was reported by this corporation on July Arthur V. Norden, Executive Vice-President, said this company, A 42% return prior Financial Chronicle... Monday, July and for $9,701,569 ended May 31, amounted to last year. This increase comes customers. of 1,215 customers, connected 82,028 customers.—V. May served Louisville, a new Project— petrochemical plant Ky., . the company has 1956, stream has just bought on it was announced on July 17. The new facilities are producing chloroform and methylene chloride and additional quantities of carbon tetrachloride and hydrogen chloride.—V. 185, at and 2036. p. 185, p. 2604. Steep Rock Iron Mines Ltd.—New Plant— division. The feet one-man and remote or Principal * hundreds which can all audio audio be be video units; record operated hotels; control both turntable to installed tools various and by remote "pay-as-you-see" by circuitry. man, in half one equipment.—V. or 185, one from The which ended May 31, 31, ended May more master which cameras, 31, etc., a origination package time, without need for day's the Net 1956. amounted five to period the of Sire Plan, that it that the corresponding $383,326 for the first five spe¬ corresponding of Net year. period months period to of of operating $479,270 and 1956, 1957, 1956.—V. Insc., securities mission, Aire in be Federal Bernard, Commission Power and Jefferson Commission its Industries, Ins., V. on July 12 of The the registration basis for the requirements authorization Inc., had registered its securities the commencement of the action and with had of was the 185, announced Administrator to compared with for was $372,758 185, p. 2144. the that Com¬ The Commission offered rescission has authorized at Parishes, La. the same time Phillips granted certificates to five inde¬ sell the natural gas to South¬ to Gulf Petroleum Co., Oil and Corp., Kerr-McGee common and 1954 of as the compared and 5.5% for 1955, in the as first five compared with with of $2.19 1957 were for the $^.23 and $2.07 fcr the respectively. first months four Carloadings, months, were which off only $1.95 similar first five were about off share p^r 1956 period, months an 3.4', material source stripped from for the new operation the flanks of the high-grade which, will come from the deposits which sup¬ while variable, were present in sufficient average quantity, recovery fully economic. The waste after crushing, will their make highto that resulting essentially con¬ sists of separating the high-grade iron content from the waste, it is primarily an extraction process." Company officials did not commit themselves as the effect on earn¬ ings of the new plant but believe that it will add significantly to treated in gravity equipment and the final product will be a grade iron ore concentrate, at least equal in quality from regular mining operations. Since the operation annual income.—V. 185, p. 1050. Stein Roe & Farnham Fund Inc.—Assets of Net value outstanding asset "Capital 1956.—V. value share— dividend of $1.75 per gain 185, May, Higher— 1957 July 12— asset p. per share 1931. (Continued on page ; 1956 $19,715,221 $16,433,367 643,669 519,213 *$30.63 $31.65 was paid in December, average in and will Clearing ply Steep Rock's regular production of direct-shipping, premium-quality ores. Tests showed that this waste contained percentages of high-grade Net Ry.—Earnings Show Decline— stock is scheduled to go into operation next season approximately 25 men during the summer period. plant "Raw waste Shares Earnings of add Oil Magnolia Petroleum Co.— 2852. p. Southern by completed. be this that the concentration plant at Steep which construction is now starting, wiil of crude material during the shipping tons operations at the site on Steep Rock property and close to the Hogarth open pit, are well advanced. General engineering work has been to Pipeline— on production. "The with income 750,000 recovering the iron content irom what has hitherto important supplementary output to the company's Estimated cost is $2,000,000. company's announcement lurtner states: and The Canada, Ont., handle to waste, regular As of stipu¬ temporary restraining order enjoining The sire President, Albert Mintzer, from further sales of violation income compared net company to construct pipeline facilities, estimated to cost about $7,595,000 to con¬ its transmission system to additional natural gas reserves in 10 fields located in, aud the offshore areas adjoining, Plaquemines, St. The Inc.—Restraining Order to Be Vacated vacated. been announces company Lake, able season the nect 2604. Plan, following The pendent producers authorizing them ern. They are Tidewater Oil Co., pending be iron Regional a for 2604. feciiritifi8 ^nd, ®xc^angeYork Commission had authorized its New f late Plan, p. $965,538 May 31, 1957, electric operating compared with $2,659,547 for the amounted 1957 for Siegler Corp.—Secondary Offering—A secondary of¬ fering of 5,000 shares of common stock (par $1) was made on July 17 by William R. Staats & Co. at $20.50 per share, with a dealer's concession of 75 cents per 185, period interest all for with Southern Natural Gas Co.—To Build Lnare.—V. operating expenses, for the year ended corresponding deductions compared previous the of $479,652 the the ended period all for 1957, for the 12 months employ $2,794,567 months five after $1,056,686 after for 31, May indicated. corresponding first ended $1,275,983 was income, to months' amounted revenue income, $1,233,124 with can and TV p. in equipment console; For operating compared months 12 compared with $6,402,732 as Net 1956. the taxes and depreciation 1957, charges, for revenue $6,780,828 maintenance, May The Co.—Earnings Higher— Rock operating amounted to com, contained projection or the console, formerly slide and control Southern Colorado Power Electric corresponding periods master a equipment film facilities; transmitting necessary cial institutions, and separate and of only 10 to 12 telecast "live", film President of Siegler. space television systems. Siegler-Hallamore unit includes several a necessary instantaneous for educational The can occupies equipment community eubscription bines the said, will include employee communications, the antenna system areas throughout the country provide local telecasting with this inexpensive equip¬ plants, of now ment; center program all programs, according to John G. Brooks, markets for the compact package, he industrial . TV includes 51) The Commercial unci Financial Chronicle ... 7 ;V. Name of Edmonton '.Dividend announcements tables. first the In nounced during the current in which table second a the all El dividends ^an¬ we Then we When 1 Name of Company Alabama $3.50 '•* Gas .Corp., Allentiyv.n Portland Co. 'i *' "on loc a Atlantic Oil (quar.); " ' --"/V - (quar.) Refining (quar.) Associated Truck Lines, 8-23 7-25 8-23 (quar.) 7-25 "" 1 8- "4Va'«' 8-31 8- 9 Sj- 5 8- 5 9-1, 8-15 1 8-15 preferred 4%' (quar.). Bell Ilowell & 4*4% Co., Quebec BemwTBroi. Beneficial Boston Mines Bag 50c TiOc ; "8-15 Bank Corp., *30c 7; > 8- held '- 8-"l - for . •- 10-15 8-15 7-31 Service, 10-31 9- 3 8- 9- 3 $1.18% 9r 3 8- 8- 8-27 preferred 4 7-31 (quar. Utilities 7-22 $1.50 30C preferred 1 8-15 8- 34c 9-10 CO r4 1 8-15 8-, 8- 9 8-15 Corp. _!/ 1 8-16 34:%q 8-15 9-16 -_1 (Geo. 9-10 $$1.25 « ± 8-15 8-15 8- 9- Trust 3 8-15 8- 8- 1 8- 9 «1 C- 1 15c 8- 20c 7-31 (quar.)— $1 7-31 (quar.) 7-31 Ltd., -5$ . 87»ic 9- 3 8- 9 50c 9- 3 8- 9 special guaranteed (quar.)_. Cincinnati Chicago & St. Cleveland Common pfd. — 35c — 11- 11-15 $$1.25 (quar.)—__ Cleveland-Cliffs Iron, $4.50 preferred Cochran Foil $5 $1.25 Co., 8-31 8- 8 8-31 8- 8 9- 62 %c 10-31 B 15c 9- 2 9- 2 9- 2 11c 10- 1 9-16 (monthly) Common 11c 11- 1 10-16 41 i'V preferred <fc iquur.t. Southern Ohio $1.12 Vi 8-20 1 4.25preferred (quar.)— ; $1.06 8- ' 8- 1 • 10- 1 .. (quar.) (quar.)_— —, 8- 1 Hotel Inc. Commercial iquari)!__ll__j:l— llr_e • 2oc . Utilities, Shearing <fc Stamping (quar.) Telephone Co. 1 quar.) Light <fc Power (quar.) 20c Commonwealth 20c Connecticut 25c .CoqtinentaLCan, $3.75 common preferred second Class B B Inc., (quar.) 3VtC'c preferred class (quar.) A (quar.) (quar.) Growth Stock Inc. Corp., 9- 6 Vic 10- 1 9-10 12%c 10- 1 9-10 11- 1 10-15 11- 1 10-15 12 87 Vac 8-15 8- 1 25c 8-15 7-19 8-15 7-19 8- 1 7-15 100% 50c 8-23 8- 8-31 8-15 2 Inc. (quar.) 50c 8-21 7-31 50c 8-21 9-16 8-15 8- : -11 ,. (quar.) 50c 10- 9-20 8%c 7-31 7-15 A Duro Test. (initial 5r,c quar.) conv. pfd. series 195G (quar.) 31 %c 9-14 8-30 payment (12c at this time.) C- 3 8-16 9-13 8-30 25c 8- 1 7-23 8%c 1 8-20 1 8-20 7-30 7-17 90c (s-a) (quar.)_ preferred E F G (quar.)_ 1 8- 9 92 Vic 9- 1 8- 9 $1.01 9- 1 8-9 (quar.) $1.17 Va 9- 1 8- (quar.) $1.12 Vi $1.15 9- 1 8- 9 9- 1 8- 25c 8- Corp. (quar.) Glass Co. (monthly) ! (quar.) Portsmouth Public 1 8-30 8-30 8-15 8-30 8-15 > 5% 35c Service 4.98% 8- 7-25 [ \ 7-15 1 Electric 4.30% 8- 7-31 7-15 div. 15c 10c 15c com. Randall Co. 22c 9- 1 8- 1 Rayonler, $1.75 9- 3 8- 5 Redonda —- 6 7-30 8-15 9-16 8-30 4 x*__ (quar.— 9-30 $1.02 if $1.04 Va - $1.07 Vi 8-30 9?30 8-30 9-30 8-30 <)r30 8-30 35c 9-30 8-30 75c I 9-14 8-23 50c —— 8- 35c (quar.) 7-31 Red Owl Stores 9- 1 8-15 Robertson 9- 1 8-15 Robinson, 32c 44c 9- 1 8-15 7-16 6-24 — —^ (quar.) preferred 5% (N. Y.), (quar.) — (quar,) com. 62 VaC 8- $1.20 1 10- 8-15 7-26 ViC 8-15 7-31 1 7-22 K-l— 9- 3 Co. (quar.)— — Fund Shares • Co. Paper 1st — — Virginia 9 (quar.) Inc. RR. (quar.) j.— Macco. Corp. Car 'Magor — (quar.)x— ■Manning, -Maxwell'; & Moore MeCord Corp., $2.50 preferred 7-26 — McCormick & Mefigel Co. Metropolitan 3.80% 3.85% Co., 5% preferred (quar.)— Edison Co. 4% Sinclair 7-25 7-15 Smith-Douglass 11c 8-15 7-31 South preferred Oil 3:90% preferred 4.35% preferred 4.45% preferred 8-23 Southam 4 8-19 Southeastern 9- 3 8-15 6 income 8- 7 3 8- 7 Southwestern 3 8- 7 9_ $51 VaC 3 8- 3.70 % preferred (quar.) Class Pipe Line common— B Natural Gas Portland Cement Moore-Handley preferred Monumental Morgan Murphy P.) Insurance & dividend) Co., C.) share for capital gains) Insurance 15c — (quar.)—— 40c 8-15 7-31 Service, (quar.)_ (quar.) com. — 10-10 10- 1 35c 9- 1 8-15 92 Vac Public 11- 1 10-18 10-18 11- 1 1 1 10-18 $1.10 11- 1 10-18 4.60%" preferred 4.36% preferred (quar.) $1.15 11- 1 5 3-15 8- 9-10 8-26 .* 4.40% 97 Vic (quar.) ($L00 (quar.) ! par) ... 15c 7-31 7-19 9-13 $1.60 10-18 27'/4C 11- 1 10-18 11- 1 10-13 1 45c 8-15 8- 40c 9- ,3 8-15 37 %c 10- 1 Standard 9-27 Water 10-18 27 %c (quar.) ($25 par) (quar.) (Conn.) (quar.) preferred Packaging Corp;— preference (quar.)—;— Standard Paving & Materials, Ltd. (quar.) 8-20 9-10 8-30 8-16 62 Vic 9-30 9-16 8- 1 9-27 Stein (A.) & C6. (quar.)x Stein, Roe & Farnham Fund 7-10 9- convertible Steinberg's, 9 Stone Ltd., Webster &; 5V*% 10- 1 9- 3 10- 1 9- 3 97 Vac 10- 1 9- 1 9- 3 10- 1 9- 3 7-31 7-31 omitted A at this 8-15 7-31 18c 7-25 7-12 $$1.32 8-15 50c (quar.)_ —_—: 6% pfd. B (quar.)__ Mines, Ltd.— Consolidated Dividend 3 10- Sullivan pfd. (quar.) 9-13 30c ; (from ord. inc.) 9-14 3 7 ViC 7-31 7-31 8-30 7-23 ' time Mid-Continent Oil Co.— (increased)—s. preferred A (quar.) „5>/a% 2nd preferred series 1955 Sunray 7-24 Sunshine Biscuits 8- 8 9- 1 8- 8 4iy4c 9- 1 8- 8 $1 9- 33c 4V2% 7-21 9-20 28VsC Common (quar.) — 1 1 9-16 8- 1 7-17 8- 1 7-17 90c 9-17 8-30 9-17 8-30 Tbalhimer 8- 7-19 3.65% preferred (quar.) Thompson (John R.) Co. (quar.) Thriftimart, 5% partic. class A (quar.) 8- 2 8- 1 8-15 8- 1 $1.04 3-15 3- 1 5c 8-15 7-31 $1.25 7-31 7-18 9-16 10- 8-15 $1.08 10- 5 30c (quar.) $1.10 Tampa 1 8- 9 7-26 8- 1 9- 1 8-15 8- 2 7-26 (quar.) — preferred B (quar.) Texas Industries, common (quar.) $5 preferred (quar.) — 7-15 $1.25 Electric Co., common preferred A (quar.) 4.16% Class 5% B Brothers, Gas. A A — 15c six ; 50c 7-17 3 8-16 9- U dividend (Stock S 4 Lines \2% Co.. 7-19 8-15 8- 30c 9- 1 9- 1 30c (quar.) 7-31 15c 9- 1 $1.25 1 100% 1 8-20 l 8-20 8-2) 9-15 8-30 8-15 7-11 — common preferre 3 7-1 ) 7-31 91 ViC 30c (quar.) preferred $5 (quar.) (quar.)—. common participating Trunkline common United Drill & Tool— each 7-10 1 11- 7-29 (quar.) 9-13 7-19 11- Inc.— (One Co. 9-28 5c 8-15 $1.03% 7-30 held) (G. 8-15 $1.06 V4 35c 1— (quar.) 7-26 8-30 (quar.) 15c common (quar.)_t Life (J. Co., Hardware 8-20 (quar.) 50c (quar.) 8-15 preferred 8-29 12c (quar) 7-31 1 $50c $1.25 Co., 8-15 9- preferred 4.32% — 1 9-14 (10c from Investment 35c preferred (quar.)— Mississippi Valley Public Service— Common (quar.) 7-31 4.25%" preferred 4.40% preferred 7-15 25c — 3-15 50c $1.15 (quar.) 8-15 3.90% 1 $25 pfd. 8- 3 4.15% $1.083/4 4.40% 7-12 8-15 7 $1.11 V* 4.60% 50c 1 8- 9- 30c (quar.) 4 Vic Mississippi Power Co., 30c $1.25 7 8- .. 96 V4C — 7-26 7 3 . 6 8-20 8- 3 9- , 7-28 9- 1-26 8- 3 9- . Life 1 8-15 SI —__— preferred 1 10- 35c $1.12 Va (quar.) from 5c Southwestern 9- 9- 95c Michigan Central RR. (s-a) Michigan Seamless- Tube (quar.) 5% Ltd. Fund and $10c 9- 7-25 75c Southwestern Investors Co., 9- $1.10 10c — — Works 9-10 9- (s-a)— (quar.) Co. Lathe Bend 9- 9-30 Haven) (quar.) .I Suburban Gas Service, (quar.) (quar.) (quar.) $1 25c (quar.) (quar.) (quar.) (quar.) preferred preferred Co. 60c $10c 1 8- 1 35c — Corp. (New 90c 15c (quar.)—___—— — 9-20 8-15 $2.50 (s-a) A (quar.) Extra 1 12 %c 6-14 8-10 8- 35c common _____ 2 30c (quar.) Co., Insurance 9- $37Vac 30c 30c (s-a) Security 50c (quar.) (quar.) common " Y.) Servomechanisms, Inc. (quar.) Shenango Valley Water, 5% pfd. (quar.) Sherwin-Williams Co., common (quar.) 1 50c (quar.) Corp. 8-15 7-25 (quar.)— (N. Co. 10- 18c (qtlar.)— 8-31 7-23 8-10 10c $1.25 (quar.)-; $25c $0,231 7-31 1 35c : !____—__ 8- 8- Va % $51Vic ______ (qu'ar.)l Sealright-Oswego-Falls $60c (quar.)_ 8-22 preferred 25c Glass of Nashville Corp. 8- Regis 4.40% Scotten-Dillon $25c quar.) (quar.), Myers Tobacco «Si Z 7-31 10c (increased 7-31 9-10 8-20 8c 1 8-15 60c 8-15 _____ —— 35c —'—__ receipts Roxbury Carpet Co. 8-15 ^ 9-10 50c (quar.)—_— —!—_ (quar.) Ltd.— Co. deposit 2 9-13 8-15 $1.25 —_—__ (quar.)___ H.) Royal State Bank —— 1 24c —— American 7-13 9-15 (H. Little .& -Co., Class A .preference Rolls-Royce, Ltd.— , 35c (quar.) Co. 8-14 $8c 35 VaC 3oc (quar,) (quar.)—1 (quar.)*J Inc. Tile (s-a.) (quar.) . 1 8-31 8. 45c (quar.) 1 common (quar.) t ' •' x*— (quar.)_ pref. 1 10- / (quar.) preferred $1.40 Gas, 8- 9 9-24 $1.25 & 7-19 2 ' Mexico— (quar.) 7-19 9-25 9- 10-15 , New 7-19 $1 (quar.) preferred preferred 4.18% v8-20 of 7-29 11%% (quar.)_ Co. preferred A Public 'J Steel, Service 9 5 8-25 8 VaC 62 Vic (quar.)__ common 9 7-25 8 Vie 7-26 2 9-16 8-20 99- 9- 8-15 89- 9-15 from Co Trust shares Ltd.— 31'Vic 1 58 Vic Pinchin Johnson & Assoc., Ltd.— Amerlcaa shares (final) from securi- Candy Shops, Ltd. Telephone (Stock East Sullivan Mines. (Dividend omitted 8-16 (quar.) Stamford 5% Drug Fair Community Drug— 1 Pittsburgh. Mercantile (quar.)__ Pleasant Valley Wine Co ; $1 — 5 1 8-16 9- 57 ViC pfd. 7-27 ■ . preferred (quar.*) preference (quar.)— Missouri preferred convertible 7-27 8-30 50c (quar.) 8- 1 8 ViC 5 12 Vic * preferred (quar.) Groceterias, Ltd., common Missouri common (quar.) _________ 8-15 7-31 25c (quar.) (quar.) '8-15 ■ 9-16 8-15 9- 25c 8-15 60c (quar.) •/ common Wire & Missouri-Kansas ; Dravo 8-22 9-13 Fund— fquar.i Extra Corp. 1 9-30 3 14c Shares : Douglas Aircraft Co., Dover 9-14 10- 9- pfd. 9- $1.50 1 50c C Pullman, Inc. preferred Co., (Lucky Stores, 7-34 1 25c 1 dividend Houses 8-30 8-15 10c A Investment Trust Diversified 9-13 10- 10c (quar.) ______ class Giorgio Fruit Corp., B class A (quar.) Press, Diocesan $1.12 Va ^ (quar.) Co., Class 45c f;3-%c (quar.) Inc., ' Crossett (quar.) (quar.)/ preferred Finance Service, 8-2 8-30 10- 50c (Keene, N. H.) (quar.) (quar.). 3 50c (quar.) (quar,) Laboratories Louisville 7-15 8-16 9-16 i 9- 62 Vac . — —_ 10c 6-28 45c — 9-1G $2 Fund 7-26 7-15 $1 30c $1.25 and 7-26 8-15 (quar.) com. 4%. ... , 8-15 (quar.) -common, Plllsbury Mills, $4 preferred 5 Ltd.?— income Line, convertible Co. , — common 7-26 28VsC 10c Monthly 9-13 9- 9-16 5C - . (quar.) . 8-15 27 ViC — 7-11 12 VaC x (quar.) . 30c preferred 7-11 corn., 7-26 4.50$>": preferred 4.60% preferred 9-13 1 common 7-26 8-15 preferred D Phoenix 1 8- .preferred 8-15 4.05 % Petrolite 9-16 10- 10c 35c 7-26 C 4.70% 9114 c com. 8-15 3.70% 6-25 Fund 7-15 1 $1.16 9-15 37 Vac $1.10 6-28 (quar.) Steel & Lorain 10-16 . 'Commodore 1st 2nd Lynch (quar.) 8-13 1 (quar.) 7-10 13%c Foundation Insurance Loblaw t. Electric— 4.85'p preferred 11- 2 10- B 7-15 (quar.)__ (quar.)— Custodian Fund, Series Secord $2.40 8-16 (monthly) Common 8-15 9- 20c 31 Vic _! (quar.) non-cumulative 37 VaC (quar.) (quar.) (quar.) (quar.)———_— Lipe Railway Corp., class A (quar.) Loblaw Companies, class A (quar.) Class B (quar.)— Life 8-20 lie (monthly) 9-16 6 $1.12 Va preferred t 8-30 (quar,) Co., Libbey-Owens-Ford 3 $1.25 .common 8-15 34% pfd. (quar.) convertible 4.40% 10-10 (quar.):—_— common Fruit, 17%'C pfd. Company Liggett 3 9- 3 Pennsylvania Electric Co.— (Los> Angeles)— Telephone Leece-Neville 7-19 9-15 9-15 (quar.) common 5Co preferred A_ Colorado Central Power, Columbus 7-31 35c <quar,)_._ 5% Cement preferred $4 8-23 9-13 15C .— Glass, Inc. (stock dividend). Laura 7-19 $1.12 Vi common (quar.) 9- 9- Line, preferred (quar.)— Penn Investment Co. (Phila.)— 8-23 9-13- $1 (quar.) Co:, L.) Lexington 7-31 Products — Corp. 4.68% 5 15c — Go,- preferred Lakeside Louis— ! (semi-annual) preferred (quur.).._ 2 9-13 $1.14 (quar.) 4.60% 8- 17 Vac L'Aiglon Apparel (quar.)-i RR.— (quar.)__ 7-20 $2 Sheraton Peabody Coal, . ; preferred (quar.)__ class A (quar.), Shares, Knickerbocker 7-25 guaranteed 1 8- 10s ! Motors 7-15 Kings County Trust Knox 7-25 $1 (quar.) preferred 1 /.i",f, (quar.) — (F. Keystone 7-25 1346) 7-26 Extra St. 9 1947) common 8-16 1 Pipe Fenn, convertible Keystone 2 (series preferred Eastern 7-31 preferred 1st 7-20 8-20 8-21 (quar.) 8-15 profits)' Kellogg 7-31 (quar.)! $1 22 Vie preferred $12 Vac Fund 5% 7-15 35c 8- preferred _______ A (quar.)— (quar.)— Southern Jacobs 1 62 %c 40c 8-15 (quar.) Peerless A.) Power Jamestown 8-15 $1.12% ; 25c Co., 6% Peerless Insurance Co. preferred./ (quar. X—— $1.76 Istel 7-31 8-15 (quar.) common Electric 8-16 ______ 7-31 f$1.06 40c pfd., (quar.) 5'y & 7-31 Inc. preferred 4% % 8-15 _ Gas 9-10 (quar.)—— 3.65% preferred Barblzon Iowa 8-15 _. (quar.) 5c 8-15 —!—— —— International Harvester, 7% pfd. (quar.) — Investors Mutual of Canada, Ltd 7-31 $50c 8-12 preferred Park 7-31 r>9 '/4C 7-20 3 River 30c Co., investment 7-31 8-15 Mississippi $12 Vic Cement ties 7-31 8-15 1 9- ' 7-31 31%c 88- (interim)—. (quar.)—_ (quar.)l— Institutional 7-31 8-15 8-15 30c approximately $1.39) Co.,. 4.56% preferred (quar.) Ltd., class A (quar.)—^—, Co.,' Institutional 7-31 33%C 8-30 8-31 20c (quar.) (s-a) (quar.) 4% 1 3 (quar.) Hugoton Production (quar..)_— Hunt Foods & Industries-Inc., 7-31 8-15 Inc. Paramount 5 Huttig Sash & Door 4% 9 8- 1 9-10 $3.50 gtd. (quar.)_x__x Panama. Cocoa-Cola Bottling (quar.) 7-15 9- preferred Idaho pfd. 10- (quar.) conv. 7% 4.36% 8-15 D- convertible Hotel 9-18 50 c $50c to Panhandle . preferred preferred Horniel 7'-22 60c Gas, $1.20 4.80% 1 50c (H. J.) 6% 6 in (quar.)__ Ltd Co., 5V2preferred (quar.) 5% preferred (quar!)— Northwest— : 7-22 1 preferred (series Cleveland & Pittsburgh Class the Hercules Galion Products, Inc., Stock (Uvidehd__%___:x_ " 7-22 1 8- 8«- 33 Vic (quar.)— 4fa 4'o 8-22 %c 56 — — - quar. h,_L—__■— Lithograph, 6% conv. 51/2% 7-23 1 8- 271-C ! I Electric," Store Real Estate Dobbs B Hercules 7-23 1 (quar.)J com. (quar.) Louisiana Chaiming Corp. (quar.) Cherry-Burrell Corp., Stock 9-16 7 35c i Soya Co. (quar.)_ ! Century Food Markets, 5rA preferred (quar.) Cessna Aircraft Co. "(quar.) Class (accum.) preferred -(sra)_——i 5% Central Di 8-15 Co.— Hemenway Furniture, 5-31 8- 50c 1 1. Ltd., preferred 4.50'V Cuneo 5'%- Heinz 7-17 3/1Oc ____ .■ (quar.) preferred 4.Wit $4.50 8- 3 30c pfd. iquar.'L convertible -.6% 1, Malting Co.,. Ltd., Centaral Credit 3 9- $1 ' . Canadian , 4Va% B; (^uar, Hazeltine 7-31 32'ic (quar.) 4%' 1. 9- 2% .! (Initial 7rlU 20c __ (quar.) Canada ; dividend) W.) Co. (quar.) Dredge & Dock Co. (H. Havana I 7-31 ■ RR. Bridge RR., 9- 8-15 Reading dividend) Louis Gas Edison; Pacific 75c Watclijr"common: (quar.) 8-15 33c preferred 5']'o . (quar.)— ___^—v—L Hartfleld Stores, 9 9-16 8-15 12c ;_1 preferred 5.50ro , (stock Cotton, ; 9 *5c Arch of shares held 25 , cash Omar, Inc., 4^%. class A preferred (quar.) Opelika Manufacturing Co. (quar.)__ 9- West Coal, 4% 7-25 (quar.) 4% be 27 %c Hancock'Oil 8-0 (quar.-K.____ iauar.)_: 5.20'p , to share each St. shares (Equal Ohio • Hamilton 1-15 25c (quar.) l'o ' Co. 'of '.ts-t-'i* *•/.. I,Hagerstown 'Gas Co. 4-16 43;%c com. 5.08/-y ' American 7-12 proposal to declare stock dividend, and (quar.) M.K & Co. Class 10-16 1-31-53 4-30-58 held__/__ (quar.)___i_ preferred 47* Co, Lakes Great Great 7-17 30c 3.28%" preferred Chain Industries, convertible Gillette 7-31 $1.06% —— ; 5.36% , 7-18 Oklahoma meeting a 1 8-30 6 O'okiep Copper Co., Ltd.— 9 a : (quar;-)2J—_______ Telephone Gossard 9-27 20c I__ 4.40%% preferred 5.3011 preferred < Service 5V2%' 2 0- 20c 1_ 1 5% 4.80%"*'preferred Insurance-— (quar.( Water 8- Loom ;(s-ai the Giannini. (G. 7-15 10c shares Title ; California ,\ of Wodd 8-1 50c (quar.) preferred 9 8-23 . two Extra at 10- 40c 1 9- yearly stock dividends in General ' each Pachic .•/Common on & $1.01% Noyes (Chas. F.) Co., common 6% preferred (quar.) Co.— vote (One for & 1 , quarterly Chicago 10- (quar.) (111.) Northern Oklahoma Gas a-16 9 $2.50 future Gas 7-15 ' 1 b-23 8- 9- Y., of $1 (quar.) (quar.) Co. common pfd. 8-23 9-13 20% 50% Gar Super Corp. (stock dividend) One share of National Phoenix Industries, -California will 9-10 9-13 4.50% &: C Inc. ■ Insurance Aug. "12 on 60c preferred non-cum. 1 40c dividend) Haihilton i 20c (quar. )______ __ : Ave., $5 preferred Fruit 1 8- t)C British Celanese Ltd— ' / /' ** American "deposit receipts Buckeye Steel Castings Co,, eommon___ 6% preferred (quar.11 C , 55c (quar,)——; Fruehauf/Trailer,-cominon " . Corp. immediate for - 2 8- 9-12 1 ;■ - 6C (Quarterly from investment income)—— Bowling Green Fund. __________flJ ■ (quar.) Ltd!/(stock Stockholders an 8-21 8-15 9-12 Vic 20c ' ' Shore $1.12 Va (quar.)..,—_— common Stock Madison f 1 8- 9-16 • $1.13 (quar.) I'und— Carolina 7-31 9-13 (quar.)__r__ Corp. North 8-19 Franklin/Life ; 9- 5 9-27 (quar. i__i._J.___ Ltd. 9» 9- 8-15 3 2 (quar.)_-_l—__l_i._l.lrJ'— 4?.4l'e- preferred Bellete.-re Nortex Oil 8-29 ; 8-15 l— 1 common Niagara Lower 8-13 30c 8-30 9-20 50c (quar.)_:!———— preferred 7-15 8-28 8r30 3 tquar.):_l_l_U__L'L_j: quar.)___. 7-25 20c 68%c 8-36 . 3 J__________ i 8-15 8-19 Class preferred 1 8-13 4% 9- —___ preferred lieu 3 ' 8-20 9- (quar.) ——————1—.til—— preferred 4% Co. 9 8-29 400 ' A% 9 8- 25c 7-31 9- 5 Bearings, Inc. (resumed)—. Belknap Hardware & Mfg. Co.— 8- 8-16 9- 30c (quar.)- (quar.)____. common 8- dividend) 8-16 N. 8-15 9-30 (quar.) RR.— 25c (quar.)__ . prior preferred Fluor 9 9- 17 Vac _ !_'.————li. (quar.) Mills, First ?5c ... Industries Industries preferred I953; series Compress & Warehouse Co. (quar.) Federal-Mogul-bower Bearings, Inc. (quar.) Fire Association of Philadelphia (quar.) 8-16 34:%C — A (Stock 7-17 10c 45c Brake Central 7-l» Co. preferred Air 70c 5)2% 7-26. 37 VaC , Baker 30c (quar.) !_. common Federal 8-15 ; \ i5c ——x__— class 8-15, . 2 (quar.)__! Gas North 4 8-31 7 VaC , Atlantic Coast Line RR Co. (quar.)— //'Atlantic Coast Line.! Co. (Couri.i (tjUar.lJj'/f Avdndale Mills, common (quar.).———Li__: $4.50 preferred (quar.)-.,; > Axd-Houghfcon Fuiid "A" iirom .incbmefiliV- V , 8-31 addition to cash dividends. quarterly basis)__ Corp. $1.25 $1.37 Va 8-18 7-31 _ Fuel Y. 8-18 V(:87MiC ' 6% preferred (quar.) 5Vato preferred (quar.)—_——id'———_ Arkansas Y. N. 3 . (now N. 8-15 9-3 . Common 8-15 8-31 9- at. this '"time) American Water Works Co.— 4.05% 8-31 ! (Miami) $1,411%. 7 $1.42 Erlanger \ ..." 35c i-;'9-2o:' American Potash & Chemical Corp.—:• "25c 9-13 Common/! (quar.) f___r LI'S' 9-13 class A (quar,.);__^Z^,J—— rv; 25c 9-13 .preferred. A (quar.)lilJ__ll_-_Jlix_li'/ *.i*" $1 -. 8-15 (quar.)... (quar.)__ preferred (quar.) preferred (quar.) Electric Hose & Rubber, <4; American Title & Insurance 8-31 preferred preferred Empire Southern Gas Co. :_l omitted Jersey Power & Light, 4% $5 Holder• • (Dividend payment New 7-31 —___? (quar.)—". Corpl—/'/. 8-15 Fedders-Quigan, convertible preferred (quar.) American Barge Line (stock dividend)—J—' Enka 8-31 !_, . . ,, \. 3%% American $1.34 40c . (quar.)——w (Louis) Haven 8-18 .1 '30c "''!" 50c /Alpha Beta Food Markets,; common (quar.) "22 Vac 5% preferred A____„,—I——!_ ! /TBVic Aluminum Co. of Canada, Ltd,— ■ 1 ,*k." 4%, 1st preferred .!fatiaf.')—$25c 4$jj%. 2nd preferred (quar.) __i_.__.____/ -K 456c ,5 Aluminium, Ltd., new com. (initial quar,)_l''.t22%je'.' \ American Airlines Inc., common (quar.)—/J/ ;'V''2Sfc-. Class. A .. 1 Allis New (-quar.) Holdera 1 8- 6% Nease preferred 8- Y.)— 8-15 Chemical 13 Payable of Ree. 5c - 8-15 8-15 3Gc N. 1 dividend) 8-31 9-3 87 Vic , '■ Cement— Shoes (Stock v 8-31 33c (quar.)—v'r Gas National 8-15 Vi Emery (quar.) Natural 7-15 8-31 (quar.) $1.06 5.50'<> income (quaf.)Jt common preferred Tennessee 7-31 $1.02% (quar.) When Share - „ Equipment $1.37 Va . net Pool (quar.) Extra cents from realized capital gains) prior Alabama pfd. Name of Company 1 National 7-31 (quar.) preferred 5.65'p Payable of Rec. Share Fund, Inc. cents from undistributed 28 Natural Gas Co., 4.10'e Per : of Rec. 7-*15 8c 5.68% Advisers and Paso 5.36% v per <5 Concrete H older» 5l!s(b . ously announced, but which have not yet reached their payment date. Payable 4i4?w preferred follow with show the payments previ¬ week. When Share - 8c grouped in two separate are indicate we •" • Company ' * r (32d) Per DIVIDENDS J - . Number 5657 Volume 186 50c 22 Vac 9- 6 1-1-58 8-10 12- 0 The Commercial and Financial Chronicle... When Per Upper Peninsular Power Co., •5V<4% preferred (quar.) changed (Name Warner 9 $2.30 $2.40 preferred $2.50 preferred $4.35 preferred 8-23 (quar.) 40c Investors Fund, Inc.— Co. (quar.)__.— 8*asey 8c 30c Washington Mutual 8- 8- 1 7-31 8- 1 7- 3 tlVkC $1.43% SI 7-31 7- 8 Class B i—— (quar.)_ (quar.) Wheeling & Lake Erie Ry., common 4% prior lien (quar.) White Stores, common (quar.)— 8- (increased) 8-15 $1.12V* 9-14 8-30 —________ preferred (quar.) —__ preierred (quar.)——— $1.20 $1.10 9-14 8-30 9-14 8-30 com. 4.44% Industries (quar.) -- (quar.) ————. preierred Co._________— Cab 3 8-15 8-30 8-10 9- SiVic Atlas 20c _________ 8-15 8-31 30c — 9- faucet 9-16 9- 9-16 8-16 9-16 25c Steels, (A 3 $1.25 (quar.) (quar.)— Tube o; Charlotte dends give the dividends announced in we not from Name (oecond Common Class Refineries, _ lc 7-25 7-30 7-20 _ 5% preierred (quar.) Acme Precision —_— Produces, 1 Co. Steel (quar.) (quar.)— __ Stock dividend __4 Stock dividend ___ Finance Aeronca Mig„ u _ 60c uor,..., pid. —_ (Quaiterly from net investment income) AgncW-fou..,asi Si.oe Stores, Ltd. (increased) Air Control 1;rout.c.s (quar.).. Radio,Corp. 7% Co., prexorred Mnls •Allied -Altec Allison Steel Mfg. $3.75 preferred Amalgamated (quae.) Amerada Art 6% preierred 6%% 5U0 convertible Quarterly American net Co. Income Co. Assurance & (quar.) Casualty Furniture Hoist Home American Ice American Co. Y.) (s-a) Derrick & Products Co., Co. Quarierly 4%% (quar.) Metal J.) • 9 7-26 6-21 7-30 6-21 8-20 7-23 8-15 7-25 7-26 7-16 95c 8- 7-22 1 9-16 8-31 12-14 11-30 8-15 7-31 9-10 9- 2 8- 1 7-15 7-26 7-12 9-3 8-5 12- 2 30c 8- 1 7-18 8- 1 7-19 $$1.12Vi or.1 • (stock Co., common.. u- %rred (quar.) convertible American Mutual Fund dividend)., 9- 3 8-21 11- 4 5% 7-31 7- 10c 7-31 7-19 30c 7-31 7-19 8- 6-21 3 Inc.— investment income) Insurance 6c 1 (Galveston) 3c Natural prefmred Gas, coin, (quar.) 9.27 9-10 3C Quarterly 12-30 President Lia non-cumu)afive 5% 5% non-cumulative American Fndiator Common 12-10 7% preferred 1st & American Tncrmos American American Amphenol Viscose Zinc Prouucis Corp, Lead electro Anaconda Win Anderson Clayton St Anglo-Canadian & cs . Smelting Co Cab'' S- Prlp iquar.) p. & $2.80 pre erred iqimr. Anglo-Canadian Telenl one. class 4%% preferred ltd. Anheuser-Buscn, Inc. (quar.) Animal oi 5% preferred Appalachian 4.50% Arcevi-a, common preferred 4% Ohio RR., & preferred Bathurst Power & Paper Co., Class Baystate Corp. (quar.) Apartments, $3 pfd. (quar.) preferred (quar.) Lumber, Ltd., common.., Beaux-Arts 1st $6 Beaver Class A $1.40 preferred (quar.) (quar.) Beech Aircraft Corp. (quar.) Belcling-Corticelli, Ltd., tquar.j 7%, pfcL $1.05 Y.) Watch 7-15 1 6-28 8- 1 6-28 9- 1 8-15 8-15 7-10 30c 6-15 8- 51 9-20 Best & Co. 3 8- 1 7- 5 87^0 11- 1 10- 7 5 10- 4 12-24 12- 6 7-16 $5 preferred 11.25 9-26 9- $-1.25 11-27 11- (quar.) 67j2C 9-30 9-13 iquar.) 30c 8-15 7-15 9-16 (quar.) $5 preferred (quar.) Chicago Rock Island As Pacific RR. Cincinnati Gas & Electric, common 7-16 7-30 7-16 7-30 7-16 4% 8- Service Co. (quar.) (stock div.) Foods, 7-15 4%% 7-26 7-15 Stores share for each one on Bloch Bros. Tobacco, common (quar.) 6% preferred (quar.) Blue Ribbon Corp., Ltd., 5% pfd. (accum.) Blue Ridge Mutual Fund, Inc.— Co., (quar.)_ preierred (quar.) common $1.12 Va 10- 1 9- 5 87%c 9- 3 8- 9 50c 9- 3 8- 9 Clorex Club 7- 5 175c 27Vic 75c $1.50 125c 9- 3 8- 6 9-10 preference shares —. B Common 11- 8 2- 7 4 Va % preferred Colonial Finance, class A 7-19 Colonial 9-16 Colorado & Southern Ry. 8- 1 12-16 8-15 7- 4% 7- 8 Columbia 8- Stock preferred pfd. 6% Enterprises. Ltd. (quar.) Locks Paper, class A (quar,) Semi-annually 1 1 7-19 1 1 7-10 8- 1 8- 1 9-(27 12-27 7-26 7-10 $1 (quar.) $5 preferred Maine RR., preferred (quar.) Bradley (Milton) Co., common 5% prior preferred (s-a) $1.25 $1.25 10- ' dep. receipts ordinary (final) Columbia Forest Products Ltd.— 9-11 Taunton preferred Gas Co. & Co. 5Va% (quar.) Connecticut 7-22 5-31 Terminal preferred (quar.) Co Co., 7% (A. M.) 8-30 7-12 Land 7% pfd. (s-a)__ preferred (quar.) Timber $3 pfd. (quar.) Interstate California Packing Telephone (quar.) Corp. iquar.) California Portland Cement 7-20 6-29 $1 .?15c 9-3 8-9 7.^ $1.20 \ 7-25 6-27 9- 9 8-12 20c 8- 1 7-22 & Telephone, (quar.)_I common (quar.) preferred $1.24 (quar.) (quar.)^ preferred (quar.)_ $1.25 preferred preferred (quar.)_ 8- 1 7-10 8- 1 7-17 10- 1 8- 1 9-23 9- 3 8-15 1 7-12 $1.32 preferred (quar.) (s-a) Campbell Red Lake Mines Ltd. (quar.; Campbell Soup Co. (quar.t Canada Foils, Ltd., 60c partic. class A iquar.) Camden Refrigerating & Terminals Co. preferred (quar.)— v $2.04 preferred (quar.)___„ $2.06 preferred series E iquar.) $2.20 preferred (quar.) Connecticut Power, 4.50% preferred (quar.) Connohio, Inc., 40c preferred (quar.) 8- 8-12 7- 7- 8 Common iquar.) 7-16 8- 1 7-19 8 $5 6-24 1 6-24 6c Consumers 9-20 12-20 7-30 7-10 8-15 6-24 8-15 6-24 9-15 9- 1 12-15 12- 1 8- 1 7- 5 8- 1 7- 5 8- 1 7- 5 9 $4.50 1 v$4.52 Co., common Tic 7- 5 55c 8- 1 7- 5 6- 1 1 7-15 10c 10- 1 9-20 B- 1 7- £- 60c 9 6-19 3 8-15 7-19 9- 6 (quar.) $1.13 10- 1 9- 6 (quar.) SI.04 10- 1 9- 6 7S1.30 8- 9- 9 8-16 1$3.50 $1.75 7-30 6-30 Continental Life 8- 1 7-12 Continental Transportation Lines preferred preferred $4.16 preferred Electric 7-26 8-20 1 8- (quar.)— (Toronto) Insurance 8-20 8-10 7-12 75c 17V2c 55c 50c 8- 1 8-16 8-15 7-15 Cosden 7-31 Cosmopolitan Realty (s-a) 17 %c iquar.) 3% dividend 1 (stock! Co. 8- 2 Copp Clark Publishing Co., Ltd Corn Products Refining, common 77-2 c 1 7-30 8- 1 7-12 8- 1 7-15 8- 1 7-15 7- 9-30 9-13 $4 e-15 8- 1 11-15 11- 1 717%c — 7-25 25c iquar.) 37 %C $4 Petroleum 3-15 7-31 8- 2 6-14 $2.50 1-1-58 12-16 725c 9-30 9- 9- 1 8-15 (quar.) (quar.) 7-25 7-25 7-15 Cosmos Imperial Mills, 1 7-10 Courtaulds, 8- 1 8- 1 8- 1 8- 1 7-10 Craddock 7-10 Crain 7-10 Cribben & Sexton 33c 25c 8- 1 7-31 7-10 17V2c 37V2c 7-26 7-28 8-15 8-15 6-26 Crown (quar.) 6% Ltd. 5% pfa. (Increased iquar.) is-a) quar.) 1 6 Co.— convertible preferred Crossett Class L.), Ltd. (final) Terry Shoe, (R. 4 Va % Crown Ltd. Co., class A (quar.) (quar.) 28^0 Cork & Seal, Ltd. class A 1 7-15 6- 1 7-15 25c (quar.)— 10- 1 9-10 8-15 7-15 750c iquar. ( (Continued 8- 10c 10c (quar.) B Cork International, 7-26 7-28 8- 10- 8-15 1 7-26 $1.12% 10-29 7- 8 56 %c 51 %c (quar.) 31c 2 8- 25C (ouar.) Laundries Power 10- 7- 7-11 9-30 12-31 shilling or 6.9 pence net after British income tax (interim) Consolidated 7-10 7-25 31%c $1.25 preferred (quar.) 9 25c 1 8- One 7-15 8- 7-12 8- $1.16 Consolidated Gold Fields of South Africa, Ltd. 7- 30c 7-26 Consolidated Edison Co.— 7-29 115c +10c 1 $2 7-29 31c 31 %c 8-16 8- 47 %C '' 30c 7-29 1 lie (quar.) $1 Corp 1 9- Co.— Power & 25c (quar.) & Calgary Power Co., Ltd., Water Light 15c $1.25 9- (Toronto)— 10c Corp., 7-15 50C (quar.) Association Life 15c Biscuit 1 $1.37Va 720c income) (initial s-a) Gas, com. preferred $1.90 15c 8- — (quar.) — pfd. Quarterly Quarterly 8-15 15c (quar.) (quar.) 1 1 750C 7-31 9- 3 $1 1 8- 750C 172Vic 95c 50c (quar.) 7- 31?4C 5% (quar.): National Co"., Ltd. Confederation 55c (quar.) 7-30 8-15 Fund— Income)__ preferred Conduits Co.— (quar.) 2%% Inc.— Natural 7-10 Cook Calif. — — Quarterly •California Stock investment (From 9-20 10- 1$1.09 preferred (quar.) Shoe Fund Concord Concord 12-24 British Columbia Telephone Co.— $3.80 5% 7-10 9-24 112'ic Quarterly 7- 50C (quar.) common Shoe Machinery, preferred (quar.) 7-19 3% 7-30 28c (quar.)___ (quar.) Investment (From Compo flOc American Brockton Commonwealth 7-19 Edison, preferred 4.64% iquar.)— Engineering Inc. 1 20c $1.25 Mines Bridge & Tank Co. of Canada, Ltd.— $2.90 preference (quar.) British Celanese, Ltd.— British 8- <70c. $1.06 $5 Bralorne 8- 60c 87Vic (quar.) 30c- Consolidated Bakeries of Canada, Ltd.— Commonwealth preferred 4 7-20 321ac Combined 8- 4.25% 9 9- 8-15 25c Combined 7-15 7-10 Boston & 7- 9-20 715c 3 9-14 8-20 Boston Edison Co., common (quar.) 7-24 3 7 Vic iquar.) 1 8- 25c 7-17 725c Terminals Co., 6c 3Vi% (quar.)__ 8-15 9-30 Corp.— (quar.) 7-20 1 $1.08% (5c lrom capital gains and lc from earns.) Booth Fisheries Corp., common (quar.) (quar.) 1 8- $2 — Combustion Corp., common preferred (quar.) 8- $2 Consolidated Dearborn Corp. preferred 7-16 25c common 7-25 4% 1 10c (quar.) 9-14 Borg-Warner 7-16 8- $1.25 (quar.) Pictures Corp., dividend Columbia 7rJ6 1 (quar.) 8-15 Bondstock 7-1G 7-31 ! 8- lie (quar.) Gas System 8- 9-12 7-31 $1.12V2 : preferred 1st $4.25 7-23 9-30 Co.— preferred 1st 4% 8 com Fund Columbia 7-22 7-12 87%c (quar.)—___l 0% pfd. (series 1956). 9-30 7-26 7-26 8- 5 7-31 8-15 35c 8- 1 8 7-16 7-31 75c •V 3-3-58 7- 1 8-15 725c — (monthly) 9 2 each common 8- 7-15 for 3oc Collins Radio Co., 3 J20c 7-11 7-25 9- of ________ (B. J.) Ltd. Class 9-27 held) 9-10 6-28 shares (Two (quar.) Colgate-Palmolive Co., com. (quar.) 3Ms% preferred (quar.) 9-10 7-19 Ltd.— dividend) A Coghlln 7-30 10c Co— Hardware, (stock share ClflSiS 7-19 42 %c : Products Aluminum redeemable 7-19 ; 8- Chemical Common 7-15 (quar.)__.:_— 9-25 preferred 7-19 preferred (quar.)____J__ Pittsburgh RR., 7% gtd, (quar.) guaranteed 10c conv. 7-19 1 7-15 25c income 5% (Calif.), 1 8- $1.06% 7-25 8- 35c 7-29 8-15 ~20c (quar.) investment From Blum's 8-16 7-19 4% 7-20 | 6 8-15 $4.50 9-16 30c 75c 162>/2c 9- nine Cleveland & $1 1 8-10 60C 40c 50c (quar.) 8-10 1 7-25 8-28 12- 1 9- 7%c 9-30 2 7-20 9- 51 Insurance Co. (N. Y.) (quar.) — Cleveland Electric Illuminating, com. (quar.) 12-31 9- 3 1 40C (quar.) common (quar.) convertible 50c $1 5c (quar.) Co. (E. W.) City 8-28 12- 1 8- — City Tide 50c (quar.) Inc. Special Bishop Oil Co. Bliss 7-31 7-26 tllVzO 15c 10- $2 RR.— 7-29 7-10 8- 1 8- 1 8- 1 10- 1 10- 1 10- 1 7-22 8- 1 8 Casualty Co. (New York)— Stock dividend 7-19 « ' SI (quar.) preferred guaranteed (s-a) Cincinnati Milling Maohiue, 4% preferred (quar.) 7% 2 15c (quar.) 5 9- 87V2c 10-24 50c (quar.) (quar.) Co. Co. Beryllium Corp. 7-26 7-8 1 8- ♦JOc (quar.) preferred (quar.) 25c * Works Finance 9-17 7-22 8- 25c (quar.) 75c (N. 10c 3% Common Benrus 4 7-15 1 7-30 7-30 15c Calaveras 8-1 com Common Calaveras Cement $1.12Va (quar.) Belknap Hardware & Manufacturing, 7-17 9 7-17 8- $1 7-30 125c 135c 30c 1 Butterfly Hosiery Co., Ltd., 7. 7-31 37 V2C (X 7-11 7-12 7-31 2"2% Bank Cochrane-Dunlop ' 8.26 7.26 7-15 1 8-30 37%>C Ltd.— (quar.) A Bush Po"-cr '• 8-26 7-25 1 6- 22'sC iquar.)________ 8- 20c ; (quar.) 50c (quar.) 7-19 1 37j2C 40c : iquar.) (quar.) $1.50 10-15 $1.50 1-15-58 50c 9-16 (quar.) common Transit Baltimore 1 8- Co. 8-30 Common 10c 25c (quar.) Corp. (quar.) preferred (quar.) preierred (quar.) 6% 8- 62V2C Gas 9-15 Common Co.— 8-1 j25c (eirar.i__ Flectric Piano 30c (sat Trap Co. Co. - +70c (quar.) & 7-10 10c dividend 25c Rubber Baltimore Burry 50c 7 1 7-19 t56»/4C A (quar.) Anglo-Hurouian, II 12- 8- 7-15 7-31 7-31 12-10 Ltd.— 12-20 20c (quar.) (quar.) Corp. Cincinnati Inter-Terminal preferred (quar.) (1947 series; (quar.) 12-20 75C Mills Electric & 7-16 1 $1.12'/a $1.12V2 preferred 30c II (quar.) Paper 7 $1.25 (quar.) 7-30 15c 15c (L. S.), 4V2% Va % 25c Co Co. 3 9- 7- Cities 30c (quar.) 9- Milwaukee, St. Paul & Pacific RR. Citizens 50c iquar.) 9-18 9-20 7-25 5 Byers (ciuar.)_ 8 8 7-12 37^c 3 Burns •»- 7- 7- 7-22 (quar.) 7- 9-10 x 8-15 7-31 7-31 Common 7- 9-16 9_ 1 9- 7-15 8- -— (quar. ) 7-19 & conv. 7-26 1 7-31 1 12c 9-20 $1.75 8- 7-19 8-10 50C Chesapeake Corp. of Virginia iquar.) Chesapeake & Ohio Ry., common (quar.) 3V2% convertible preierred (quar.) 2 Bullock's Inc., 4% preferred Hunker Hill Co. (reduced) $1 75 7-12 2 Brown ^'ming. Co.— (quar.) 8-1 7-19 $1.25 iquar.» (quar.) West Manhattan Chase 8 8-10 60c $3 preference (quar.). 8 9 7-12 7- Brooklyn Union Gas Sanitary—• iq-ar.' preferred 3 5 7- 30c — — Light (Texas)— preferred (quar.) 4.20% preferred (quar.) Champlin Oil & Refining, common 7- 7-15 9-24 7- 2 7- 7-22 30c Utility Corp. South 7- 1 $1.05 4% 5 7-31 1 7-26 7-15 25c 7- 7-15 $1.25 (qunr.l Power 7- Burndy Corp. Standard & American 7% preferred 7-11 Central 8- 1 1 10- Electric 8- 1 1 25c Central 8- 10c :___ $1.25 (quar.) (quar.) 7-11 6V2C 6%c 6 Vic 7c 8- Ltd.— s preferred «fc 7- 37%c 15c (quar.) (quar.) 8- American American A B 65c Photocopy Equipment Co.— Increased Quarterly held) shares 100 (resumed) (quar.) 37M>c (one- i Central 56Vic 4%% Quarterly 6% 8- 7-30 $1 $1.25 (quar.) com. Monorail American 7-26 Ltd.— Co., National 9 32%c Co., Molasses (From net 8- 32VaC American American 7-19 — _ American $1.20 1 $1.50 N. (quar.) pretcried 8- 30c __ preferred 8-30 11-29 35c (monthly) (Newark, ; American-Marietta 9-15 12-15 5c (quar.) Corp. pfd. C% Insurance American 10-22 25c 25c (quar.) Quarterly 5% 7-22 1 40c (N. (quar.) Quarterly American 1 50c Fquiiabi American 8- 3Vic •quar,) Central 15c Belmont Iron Inc.— Distilling Fire \ Public 7-11 6-21 6- 7-31 Ry. Co.— Gas 7-11 1 60c Securities Corp., com. (quar.) $1.50 convertible preference (quar.) 1. Beneficial 60c (quar.) Amer can American 7-15 25c 1% (quar.)_ common American American 7-31 87Vic (quar.) Shares, from Can 7-17 11- $1.62Vac $1.62 Vic jquar.) ou. preferred Best preferred Business American 9-20 1 8- 15c (quar.) Shoe, Brake American 4% Co. Board Bu.i u 15c ; dividend Stock 9-20 8-16 12 %c (quar.) pre.e.ml Book Ain.er.can 10- 1 9-10 10-1 > Hm.bcr— preierred 1st American 9- 2 93%C (quar.) Bilvr te 1st 8- 1 9-16 . (quar.) preierred 6'/2% 8-15 9- 3 Co.— 6% American 7-31 7-15 8-17 30c (quar.) oorp. Metals 6-4?l 9-3 8-1 8-10 (quar.) . pfd. 5% P"trole.,m American 7-22 , 8-20 7-31 8- 10c Central-Illinois Hudson Chicago, , preferred 6% 20c 18%c til'.) Sugar, 7-12 8-15 8-17 5% Central Piedmont of Banking Corp., common (quar.) preferred Baldwin 50c _ Co., 75c conv. pfd. (quar.) America, common (quar.) u, 7-12 8- 1 9- 3 25c (quar.) common t 7-19 7-l» 8- 1 - each Products A Extra 8-15 7-28 7-26 7-26 i.i-at j Aluminum Co. for Gas Steel Class Baldwin 8- 1 8- 1 15c 20c 12V2c Inc. (quar.) (quar. > Compa Natural Automobile share Baldwin-Lima Hamilton 14c ' (It. C.t Business Machines, Control 3-21 6c 113c (quar.) Aircraft 12-31 9-13 12-13 3-31-58 7-26 7-15 6-15 25c Storage 6-28 1 30c (quar.) —_____ of Georgia preferred B preferred B 5% 2 8- t311zc (quar.) common Central 8-15 8-15 t75c City Investing Co., common 14c 10c (quar.) (quar.t Corp. f.iuar.) Affiliated Fund— 9-30 Corp. Central Cold 3Vss% (One 4 28c (quar.)— prior preferred preierred Aeroquip Allen dividend. Ayres 50c 15c _ 5%% converui./R Allied 7-15 7-12 8- 1 8- 3 2% 2% — ___ (quar.) Admiral * ' 27VaC 50c dlvluerd 5oc 9-10 8-20 2% Stock Adams-Millis Stock Corp., 6-28 3 J20c preferred (quar.) Cenco 8-12 9- 2 8- 1 30c (quar.) 5% 9-10 10- 1 9-13 9 Avildsen industries, Inc.— odam Consolid&ieu 4 ■ „ preierred convertible $1.10 Acme Inc. \10- 1 112 Vic t30c $$1.25 8- Co.— Avco Ltd.— (quar.)—— 5% 7-31 9- $Ilc Celotex 9 7-10 1 8- $3 5c Corp. Manufacturing, $2.25 preferred (quar.) Tool & Machines, Inc.— prior preferred new iquar.) 5% prior preferred old laccum.)-., 5% prior preferred old (accum.)_. Axe-Houghton Fund B (quarterly from Inc.) Axe Science'& Electronics (from income) 6-30 7c ^rcf. prior Finance 6% a (quar.)— class A corp., Sugar (.quar.) A of distribution gains Aberdeen Petroleum Ahantic Auto conv. 6% VsC plus of VoC) dividend quarter capital $1.20 common dividend $50c $10c (quar,) common 1 87c J4c 20c income) 8-30 Pacific Ry. Stock (quur.)__ 1 quar.) of America (reduced) Caterpillar Tractor, common (quar.) 4.20 % preferred (quar.) Ceco Steel Products Corp. (quar.) 8- 8- 1 8- 1 8- 1 8-30 10- Ltd Catalin 4% investment $1.50 Payable oJ Hec. Share of Company Fund— Aberdeen Acadia Holdcrt When (quar.) Cos., Fund, 8-19 8- 1 8- 1 8- 1 7-19 1 <quar.) 8-19- $1 $1.02',2 $1.08% $1.08% 93%c 125c —__ (increased common 1 8-19 10- 1 9- 3 8-1 9- 3 (s-a) (quar.)—_— Mines, Ltd. Nichols & Co. Automatic preceding table. Per Ltd. Gold Austin, previous > et paid. The list does not include divi¬ announced this week, these being given in the Below Ry. Oil Canadian end of 75c from capital gains and year 12c Aunor Stock weeks and Line Air Investment Canadian Atomic Development Mutual Fund Inc.— 3 25c Spring & Wire (L. A.) Extra Youngscown & City Electric Co.— preferred (quar.) ; 4.10% preferred (quar.t 4.35% preferred (quar.) 4.35% 2nd preferred (quar.)__ Atlantic Refining Co., 3.75% pfd. B Industries Ltd., 8- $1 30c 25c $4.50 4% Industries) (See Gar Wood Yellow Atlanta Ltd. Bronze Co. Canadian (s-a) Canadian Vickers, Ltd., (quar.) Carolina Power & Light, common 9- 1 10- $31%c (quar.) preference Canadian Canadian 9-13 8- $37%c (quar.) Canadian International Investment Trust Ltd. Atlantic Industries— (Gar) Woodall . 2 convertible $1.25 8-31 1 $$1.50 (s-a)— Ltd., common Breweries 8- 9-15 — $4 participating claes A (quar.) Atchison, Topeka & Santa F'e Ry. Co., com. 5% preferred (s-a)-™ ————— 7-31 Light, & —_— Common 7-25 ——___ preferred (quar.) Young 7-25 8-iti Power 4 V2% preferred (quar.) ; Associated Telephone & Telegraph Co.— 10-11 8-15 Wisconsin 4.80% 5.25% $$1.15 Southern Ry. Canada 9-16 10- +37V'2c (Toronto;— 9-16 $1.50 $5 Forglngs. Ltd.— Assurance Co. Quarterly 8-31 $1.25 50c $1.31 % (quar.) Canadian Payable of Rcc, Share (quar.) A Class Canada Life 8-15 8-15 8-15 9-14 9-14 9-14 9- 3 9- 3 $1.50 10-11 1 8-15 343/sc 1 11- 25c 34c Corp Banksiiores 5% — u- 15c (quar.)__— preferred 5Va% Wisconsin Wood — preferred 7l/2c 83/4C 25c 37%!C (quar.) Co., common On <fe Refining Co., com. (quar.) preferred (quar.)__ preferred (quar.) ___^ Associated Dry Goods, common iquar.) 8-27 7-31 25c $l.lG1/« Ashland 7-19 9-14 Fire Insurance iquar.) coin, (quar.) preferred convertible 35c 56V4C Power, Canada Foundries & 8-1 8-1 8-1 8-1 8-1 8-1 9- 6 9-28 9- 1 9-16 10- 1 30c (quar.) (quar.) Arnold Altex Aluminum 6 WesUnghouse Air Brake (quar.;—30c Westminster Paper, class A (quar.)———JlS'/ac Westchester (quar.) preferred 4.65% 7-23 8-24 ----- : — (quar.) Arkansas-Missouri stock .for (quar.) (quar.) Arkansas Louisiana Gas 4Var/o (Del.) common snares held)-— & 1 8- 3 Service, com. preferred (quar.) preferred (quar.) $1.10 Waltham 'One share of Co. j each 9- 9- Public Arizona Precision Waltham to dividend) Watch 7-12 9-15 on 20c (quar.; $2.50 preference B (quar.) preferred A 7-8 7-15 7-31 7-15 7-15 8-1 8- 1 9- 2 8- 1 8- 1 9-1 9-1 9-1 9-1 9-1 9-1 120c 160c $62V2c 28c 27V2C 59c 60c 62V2C $1.08%' Corp., Argus 7-24 7-31 51.12V2 15c (quar.) preferred Research Laboratories (quar.) Ltd., common (quar.) Applied Co. Instrument (Stock 7-23 (Mass.)— Co. Watch Waltham (quar.) 7-23 8-14 J2 /ac Works Viceroy Mfg. Ltd., 50c class A Vogt Mfg. Coip. (quar.)— Iron Dorn Van 4Va% 7-23 1 l $2.40 2nd 10i/2C Fund Income Line Value Sl.Jvya (quar.)— preferred 5Vie% 1 8- Holdera When Per Name of Company Payable of Rec. Share Name of Company Holder• When Per Holdert 8- 8- 40c (quar.)— com. ■ Payable oj Rcc. Share Name of Company 4 Monday, July 22, 1957 (326) 14 on page 48) Volume 186 Number 5657 The Commercial and Financial Chronicle ... (327) Stock Record «» New York Stock Exchange DAILY RANGE OF FRIGES WEEKLY VOLUME OF YRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED STRCK STOCKS Year 1956 Lowest 28% Sep 37% Dec 98% Dec Range Since Jan. 1 Highest 32J 21 4 Lowest Mar 12 29 Jan 14 6 45% Apr 0 371/4 Feb 12 14 109% Feb 7 98 Jan 28 11 Dec 4 14% Jan 9 11 »/4 Jan 2 55 Oct 1 67% Jan 3 58 y8 Jan 2 14 Apr Sep 23% Dec 108 Jan 29% May 32% Jan 19 6 19 ll?a Apr 19 36% Feb 51% July 15 104% May 22 17% Jun 10 13 % Apr 22 10 38% Jan 12 4 24 132 22% Jan 17 64% May 17 16 % May 27 July 17 154 12% Dec 31 33% Jun 31 »/4 Jun 4 3 Mar Feb 1 12 10% Mar 5 8 27% July 18 27% Jan 11 204 52 Dec 10 190 Dec 13 9 163 Mar 14 2% Dec 13 176 % Feb 155 15 1 2% Mar 4% Feb 16 July 6 3% May 28 14 117% Jan 16% Dec 21 23% Feb 6 15% Feb 12 77 18% May 13 31 88% Jan 23 71% Jun 17 77V4 Jan Dec 6% Dec 241% Sep 31 10% May 7 241 % Sep 14 14 115 Dec 5 30 Jan 23 105 Nov 30 12% Dec 5 88 Nov 160 21% Dec 5% Feb 18% Jan 11 36 Va Apr 11 Mar" 19 52% Jan 29 102 Jan 11 13 12 Jan 25 3 July 17 85% Mar 27 129% Apr 9 25% Aug 15 26 25 21% Jun 12 27% Feb 23 14 42% Dec 21 56% Jan 4 40% Feb 15 77 26 97% Jan 3 75 Jun 26 37 y4 July 25 125 Mar 12 32 Mar 25 108 Mar 15 Dec 30i/a Nov 29 104i% Nov 8 34 Apr 17 82 Feb 14 47 July 11 133% Aug 10 35 y4 Jan 18 24 Dec Sep 31 39 Apr 80 3 27 May 28 27 121 % Mar 23 Feb 26 31% Nov 19 91% Jan 10 Feb 44 VB 23 11 22 Dec 79 4 Sep 19 lOSVa Sep 27 126 10 Jan 36 30 Oct 4 95% Dec 7 27 Va Mar 8 64 Jan May 28 70% Jan 16 Va Jan 23 23% Aug 1 47% Dec 99 Sep 28 118 Dec 143 8 14 14 14 3 5 12 27 9 20 3 Allied 47% Jun 19 82 Jan 30 36 y4 May 9 May 16 119 39 102 Jan 4 8 Aluminum Aluminium 30% Feb 21 29 y4 Jan 53J/8 July 147% Jun 113 37 9 July 19 60% July 17 19% Jan 2 41% Feb 12 11 104% Feb 12 16 19% Dec 3 4% Dec 31 40 38 Oct Nov 20 38% Jan Dec 49 Va Apr 45% Jun 27 53% Dec 27 7% Mar 12 1 61% Nov 3 67 12 Jan 2 Apr 25 6% 27% May 15 27 35 Dec 28 100 Feb 4 9 20 48% Mar 11 53% Jan 9 14 Jan 99 y2 Mar 28 Dec 18 32% Jun 22% Jun 8 12% Dec 28 25 3 44% Mar 12 35% Jan 3 48 17% Jan Dec 10 i3y» Nov 27 3%%> 8 4% 140 July 24% Jan 18% Oct Jan 4 25 84% Jan 31 11 Dec Dec 4 143 31 96 142 Va Nov Aug 20 Va May 2 25 3 13 7 64% July 5 59% May 21 31% Jan 17 8 9 29% Apr 7 16 6% 34% May 23 Mar 5 7o Inc 29% *28% *27 % 51% 100 36 *98 7% Co Radio American Chain American Chicle American Colortype & Cable 6 15 27 25 Jan 21 14% July 10 5% Jan 7 3 27 May 16% Jun 8 12 8% Mar 21 19 Nov 177 21 21 46% Jan 23 142% Dec 12 42 Jan Apr 25 Nov 46% Feb 13 Feb 46% Mar 11 14% Jun 27 18% Jan 148 J Jun 20 Apr 4 6 26% Jun 26 34% Jan 10 81% Feb 50% Feb 11 97% July 3 63% Jun 11 21 19 51 Dec 13 59% Jan 10 10% Dec 28 16% Jan 16 187% Feb 1 July 24 . Jun 19 40 2 48 Jun 3 45% Jan 3 117% July 12 37 Va Feb 28 123% Feb 47% Jan 15 45% Mar 12 30 July 19 30% Jun Od 10 68 Va Oct 119 1 Dec'26 84 % Apr 30 145% Jan 27 31% Nov 23 51% Jan 13 9 Jan 3 25 Dec 4 29 Jan 23% Nov 26 27 May 28 17 Va Dec 23 % Mar 13 65 10% July 20 12 Jan 28 63% Feb 31% Dec 87% Mar 14 6 85 Nov 17 is 7 19 158 136 129% Mar 26 39% Jan 165 9 26 59 Va Mar 20 174 10 120 Feb 36% Jan 105 4%% 90 Dec 3 32% Jan 10 107 30% May 28 20% May 29 For footnotes Jan 42% Dec 2 7 9% May 13 170% Jan 2 Enka 136 % 138 137 % 139 Va 155% Jan 24 100 36 36 36 *98 99% *98 Corp— American Ice Co Metal American 5%% Ltd Co Metal 281 28 61 21% 22 13,000 52% 10,800 '53% 133 133% 53 % 133 21 % 19% 19% 5% 5% 44% 43% 44% 43% 44 43% 44 % 44 44% 37 37% 37% 37% 37 % 37% 36% 37 36% 290 2,000 37 62 62% 58% 58 58% 27% 27 27 62% 62'/a 58'% 58% *27 27% 58% *27 62 *34 87% *84% 47 48% 46% 48 45% 27% 28 27% 28 *27 % 15% 15% 15% 16 15% 19 Va 48% 21% 21% *104 107 170 170 27% 21 ♦104 168% 27% 15% 35% 21% 16% 16% *96% 98% *96 34 •33 34 *85 87% 86 46% 44% 45% 27 27% 27% 19% 27 % 19% *47% 27% 27% 27% 27% 27% 14,000 15% 15% 8,200 35% 15,500 21 Va 1,400 15% 15% 15 Va 15% 34% 35% 34% 35% 21 Va 21 Vu 20% 20% 35 Va 21% 169 162% 165 160 163% 14 ' 14 ♦95 97 16% 16% 16% ' 16 % *96 42% *78% 81% 56% 57% 57% 58 25% 25% 25% 26 57% 25% ♦91 58 25% 93 *14% 14 Va •95 97 , 16% *16% 16% 2,700 96 *92 96 . - 42% *80 42% 42 81 Va •80 58 58% 25 Vk 25% •91 22% 22% 93 58 26 •91 22% 5 7% 7% 7% 7% 7% 7% 7% 7% 3,300 26% 8,000 15 6,900 100 400 7% 19,100 10,700 3,600 25 55% 55% 55% 55% 55% 56 55% 55% 29 Va 29 55% 29% 55% 29 Va 29 % 29% 29 y8 29% 28% 29% 1 35% 35% 35% 36 35% 35% 35% 35 Va 35 y8 35% 2,900 59 61 % 57 % 59% 57 % 59 Va 58 59 56% 58 % 28,700 14% 15 15 15% 15 15 Vk 15 15 15 15 Va 32,900 159 *153 •152 159 No par preferred 100 *153 10 American Seating Co *27 American Ship Building Co__No par Amer Smelt & Refg com No par 7% preferred 100 25 common noncumulative preferred—100 159 *153 159 Vk •153 159 27% 26% 27 26% 26% 27 27 Va 26% 27% 90 91% 90% 91 92 92 90% 91 Va 650 60% 92% 61% 58'a 60 Vk 58 58% 58% 60 58% 59% 27,500 *140 40% 141 40% 139% 139 Va *118 120 90% 140 »k 141 141 41 41 *118 119 141 40 % *118 40% 120 140 41 Va ♦118 140 Va 41 Vu 120 41 41 •118 2,600 680 120 800 1 41% 41 Va 43 Va 42% 43% 42% 43% 42% 43 Va 51% 52% 52 Va 52% 51% 51% 52 52 51 Va 51% 2,900 25 30% 30% 30 % •30% 30 % 30 Vk 30 % 30 % 30 30 Vk 25 Tobacco 41 1 Foundries Amer Sugar Refining common 7% preferred 31 Va 32 31 Vb 31% 31 Vk 31% 31 Va 31% 31 Va 31% 2,200 2,670 18,900 5 preferred Viscose American Zinc 175'k 72% 174% 175% 173% 174% 172% 174,Va 46,200 71% 71% 72% 71% 72 % 71% 71% 20,700 118 Vis 118 10 10 10 10 10 116 1,400 900 119% 118 Vk 117 Va 41 % 41% 40% 41% 40% 41 40% 41% 41% 41% 20,800 10% 10% 10% 10% 10% 10% 10 Va 10% 10% 10% 7,000 25% May 23 57% Feb 19 32% July 9 Ampnenol 72% Jan 9 Anaconda Co_— 07 81 2 Anaconda Wire & Cable 25 26% 26% *26 % 27% 25 24 % 24 %< *24 Smelting__l 14% series & 117 117% 116 10 117% series Lead % 175% 72% 25 7 5% % 9% 175% 71% com—5 Corp Works Co 6 6% 9% 175Va 25 Co_ common 9% 100 100 Tel & American Water 200 *26% 27 % *26 Vk 27% *26% 27% 24% *23% 24 % •23% 24 *23% 24 % 40 14% 14% 14% 14% 14% 14% 14% 14% 3,000 30% 31 Vk 30% 30% 30% 30% 30% 4,400 Glass 19,000 $4 preferred Anderson Clayton Anderson-Prichard 40 Andes 68% 67% 68% 67% 67% 68 67 Va 67% No par 76 76 76% 76% 77 V 77 Va 76% 76% 76 Va 76 Vk 220 39% 40% 39% 39% 39 % 40 40% 41% 40% 40% 4,100 No par 21.80 *91 Va 49 94 •91 Va 93 10 14 36'a *34 36% 35 a Corp— & Co Oil Corp Mining 68 30% 67% Corp Common 50% July 12 43% May 31 31 6.25 Hocking 1 14% 31% 50 Electronics Copper 58 Va —No par Amer Potash & Chemical Preferred 50 20,600 93 26 % American American Preferred 42% 23% 26% American 96 82 23% •14Va 7Va Sumatra — 16% 25% American 900 1,400 14% Co 3,400 16% 14% Snuff 500 16 Va •24% American 200 16% 22% 23 14 Va 97 7,400 ' 16% 97 Va 42% 81% 14 •95 14% Motors Com—; Natural Gas Co 19% 49 162% 93 1,000 19% 48% 43% 22% 15% 19% . 169 97 Vk 1,600 *47% 42% 22% *15% 65,400 48 Va 19% *47 *78 Vk 22% *15% 15% 107 16% 16% 10 28 43 V4 2 400 45% 15% 81% *91 700 33% 46% 42 Va 93 27 86 28 *78% *91 27 *32% 104 14% 16% 1,500 1,600 105 97 16% 61% 58% 105 *95 5,700 60 Va 57% 105 *13% * 5,600 5,600 52,500 62 Va 27% 105 14 *16% 33 % *85 13,000 58% *27 107 97 16% 62 58 Va 5% 87% 35 *85 87% 5% 62 *34 35 20 Va *19 25 Vk 2 Mar 20 5% 20% 19 % 5% 5% 14% 23 8 19% 5% 21% 19% 6 *24% 19% Mar 25% Jan 20% 19% 21 19% 25 Vk 15 25% Jan 35% Mar 19 20% 129 5% 43% *14% 27% Feb 9 20% 19 Va 900 J ' *24%. 1 4 51% 128% 14% 24 13 . 25% 20 90% Apr 53% 130% *24% 14% Steel 41% July 18 95% May 9 52 129 Va 1 14 12 132'/a 19% 20 com preferred 23% Apr 31% Feb 53% 131% 23 % 100 Stores Co., May 52 V* , 21% common.No par convertible 14 25 134 American Molasses Co__ 131% Feb Feb 100 •60% No par Products H2V2 July 2 30% Feb 12 July 36 •99 22 1 preferred—,—: Tobacco Jun 36 99% 60 Va 14 4%% 0% 600 36% 28% 10 Amer Machine & Metals 6% 22,60'J 3,200 36 *98 99 Va 2,300 19% 101 21% 5%% prior preferred 100 American Mach & Fdry common__7 3.90% preferred 100 7% 69 19% *98 60% *95 Tel 25 69 20 Va 9,000 17,700 28% No par American 44% July 11 10% Jun 13 69% 101 400 50 138% 22 12.50 common American 21 19% *98 27 % 136 60 Va noncumulative preferred—100 American 9Va Jan 20% 139 28% American International Corp—___1 American Investment Co of 111 1 American 1797a Mar 69 % 100 20 V* 5 „ Secur 3 Jan 138 69% 20% 101 Va 36 Va 1 Tiling 53% May 31 40 Apr 24 34% Apr 25 12 69 % 68% 20% 20 Co American-Home Products 4 39% Jan 30% Feb 49% 10 & Electric Co 31 13 page 26. 27% 50 lo Foreign Power__No 78% Jan 12 see 27% 49% 100 new Corp— 13 70 V2 Jun July 11 43 Va •28% *27% 50% 101% 53 10 prior preferred American Anchor 42% Apr 29% 27 % 50 Va *28 21% Amer Rad & Std Sany common—5 Feb *28 27% 51 60% American News Co American Optical Co 54% Aug 9 24% Mar 20 29% 29% 27% 10.1UO 28% 04Va Jan 31 33% May 3 37% May 17 66% July 11 51,400 22% 54% 21 11 50% 61 33 Feb 16,200 50 Va 28% 28% May 22 Jun 97 Va 51 36% 22 ° 9 ' 97% 50 % 61 3 53 96% 36% 96% 36% 96 51% 50% 68 300 114 50 % 20% 99% ►110 95% 101% 36 114 36% 22% 17 Dec 68 *110 36% 61 No par American Crystal Sugar com Amer 114 21% No par Co Hardware 99% Feb ♦110 9,700 14,700 61 12.50 Hawaiian SS Co 25% Jan 33% 1 Corp Co American 4 76 33% 28% 25 American 11 46% 76 33% 1 preferred 2 58% July 18 28% Jun 13 46 Va 75 33% 1,300 28% 100 common 18 21 46% 75 33% 200 29 20 Cable- & Can 23% Jan .Jan 45% 76 23 29 28% 2 preferred Amealcan American 11 4 45% 33 Va 94 *22% 10 70% Sep 56 20% 100 No par 136 %' 19,300 45% 29% 27 94% 94% 29 98 Vk 50% 999 22 37% 27 3% 93 52 Va *28 409 *3 29 96 % 1 100 15 15 3 21,700 110 22 51% 50 15%, 209 53Va 52% *108i/4 94% 99% 40% Jan 28 114 36% 3 109 20,4u0 141% 22% *75 34 *111% ■ 15% 53% 290 29% 52% 37% 140 109 10J 8% *245 143 52% 40 J 73 8% 290 60 17% 29 76 33% 114 93% 8% 8,200 110 ♦22 51% common Feb Feb 95% 98 V« 83 % Dec 150 *75 33% 8% 3% 1 6 5 76% 15% May 27 43% July IS 17% 16% *108% 143 15% 3 No par 21 16% Dec *111 44%. 35 Vk 83 *15% 36 Va 12 8 33% 15% 102 17% 110 *245 110% 36% 33 Va Nov Jun 44% *75 35% 12 *108 y4 3% 93% 8% 142% 54% 15% 15% 21 16% *108% 290 52% 45% 28 Va Feb 43 15% *3% 35% Jan 17% 110 5,700 Broadcasting-Paramount Theatres 6% 109 3% 10 178% July 5 14% Jun 19 54% 15% 96 par 41 Apr. 5 55% Jan *3% 141 44% preferred & 28 8% Jan convertible Gas Jun Jan *15% 109 *245 141 22 Corp American 21% Apr 18 llOVa 8% 8% 290 29% com___No par American 23% Feb 30 Co 17% Apr ?3 88 31 Arma Shoe 39% May 22 13 16% *108% 3 Va 50 Bosch 6 78% Mar 26 4 30 *108% 100 14 16 5% Dec 53% 19% Mar 16 13% Jan 55% *47% 31% Feb 7 2 54% 19'% Jan 28 139% 48% 95 11 Mar 23 108 3% *245 137% 28 II8V2 Feb 106% Feb 21 6 8% 290 22 common 14% Feb 7 160 3% *71% 27% Feb *152 3 % 71% 19 48% 135 160 3 % 71% 40c 2 *152 3% 72 No par July 160 3 y8 72 " 1.90 J 18,600 *152 74% 3% 3,000 59% 17% 137% 6,400 ■ 226 17% *245 900 • 26% 59 *221 17 Va European 20 26% 59% 17 % 29% preferred 27 225 17 % 22% 1 58% *220 10 com 27 58% 200 29% 17% 29% preferred 29% *17% 29 common 29% *72 *22 100 10% 216 17% 110 10%, 29% 26% 10% 17% Export Lines Inc 11 31 *108 25 y4 10% \ 5,100 187 % 74 American 17% Jun 25% Nov 29 108 *241% 187% *72 American 103 % 57% 26% 25% 216 3% 94 preferred Brake 26% 58% 18 34% Feb 7 27% 27% 189 *17% 1 2 22 % Dec 108 7 14 15 Va Jan 97% Dec 17% Jun 3 45% Nov 1714 31% Feb 17% Jan 10 171/3 27% Jan 15 35 Va Feb 3% 49 3 63 5 3y4 13 7 40% Dec 1 3x/o 18 16% Jun 9 57% Feb : 07V2Jun 19 Airlines Encaustic 2 26 27% 61 % 160 Corp Distilling 14 Dec 591/4 *152 2 . American 12 95 27% 232% America American 10% Feb 77 % Dec of 30 95% Feb 14% Jan 24 Va Feb 26% July 15 45 14% Mar 21 28 107/a 1 Limited ♦24% *186 30 *217 Dye July 16 9 17 Dec & Cyanamid Co 17% Apr July 10% 29 y4 1 American July 15 13% Nov 29 102 11 30% 100 American Bank Note 4 27 19 10% 29% 160 Inc 27 25 % ny8 5 conv Amer 27 189 1 common convertible American *184 30% 232% Mining American Bakeries Co 4%% 26% 25 % 26% 30»/a 26 Ye Apr 7 14 16% Apr 5 43% Aug 2 23% Dec 31 35 Va May 28 ea Dec 30 "'a Dec 6,400 27 y4 190 No par Co American 8 93% Feb Jan 27% 26% *25'% 189 63' 11 67 % 5 89% Jan 25 5,200 *135% 9 48 % 11% May 1 31% No par Mar 8 27% Mar 21 31% Amer Agricultural Che,mical__No par May 57% July 6 19% Aug 32 12.50 66 27 15 Jan 84 31% 27 <=231 preferred Amalgamated Sugar Co (The) Corp Jan 41% Jun 81 3,600 =152 convertible 31 42 Va Mar 5 7,400 141/2 5 Amerada Petroleum 35% Jun Jan - 63 y4 14% 100 Amerace 6% July 11 44% July 16 37% Apr 13 62 y4 14% 100 3 4% Mar 4 39% Feb 18 2 18 16% 63y2 14% 100 7 69% July 17 24VaJan 3 7 20% Mar 19 % July 16% 63% series__100 4.08% convertible preferred Alpha Portland Cement 8 500 14% Allied Stores Corp common No par 4% preferred 100 Allis-Chalmers Mfg common 20 July 400 13,700 102 64% 27% Mills 53 Vs July *98 16% 31% 191% Allied Kid Co 8 18 2 11 32% May 21 20% Jan 11 Gold Industries 23% July 30% Jan 102 16 14Va 64 *26% Allied-Albany Paper Corp Amer 21% Dec 19^1 pfd Chemical ♦99 16 % 31% prior preferred No par Allegheny Ludlum Steel Corp 1 Allegheny & West Ry 6% gtd 100 Allied 64 16 50% 14% 63% 188% preferred A 3 63 y4 102 *99 16% 32% 49 % 31% common 11 100 iGy8 Shares *32 14% conv Allen 16Va No par preferred Jan 17 28 2 50'/a Corp__10 preferred., 98% Jan 95% Jan 26 13 15% July 32% 49% 31% Engineering Co Alleghany Corp $4 32% 50 y2 1 Juneau 41/4c/o 32% 491a 14% Alco Products Inc common 7% *32 >/4 51 y4 99 the Week 31% ,_1 Vicksburg Ry Aldens Inc 32% 50% 1 conv 5% % Jun 65% Apr 110% Jun 17% Apr 7 31% Oct 29 39% Oct Jan 9y8 Jun 89 Apr 31% Jan Mar 19 108 2 19 60% Feb 9 Jan 104% Feb 26% Mar 16 Feb 114 18 Alaska 32% 51% Friday July 19 14% Corp & 32% 100 Amalgamated Leather Co 41% Jun 58 19% Jan — 108% 4 17 11 f% Mar 27 28 29% Dec May 64% Dec Jun Express Co Adams-Millis Corp 4.50% Sales f»r Thursday July 18' 31% 26% Alabama 1 11 13 Adams Aetna-Standard PRICES July 17 1 Air Reduction Inc common.....No par July ig'/h SALE Wednesday 10 25 Stores Inc Co— 155 Dec 16% Feb ~ 65% July 8 232% Jun 28 Dec 107 Va Aeroquip Corp 17 19 Acme Steel 5 9 111 23% Mar 22 50 100 1 ACF Industries Inc ACF-Wrigley 321% 5 Vending Corp Hion July lfi 100 Admiral 31% July 9 common preferred Addressograph-Multigraph 30 % May 9 conv 7 14 Nov Laboratories 4% ABC 1 7 26% July 11 461% Feb 13 Feb Abbott Fund Jun 20 y8 Jan 155 d Abacus AND Tuesday July 15 Par 14% Jan 22% Dec 31 136 Monday EXCHANGE 23% Feb 20 July 30 37% Dec 28 10 2a % May 25 22 LOW NEW YORK STOCK Highest 50^ 20 94 93 93 91 Va 91 Va 48 49 47 47 47 47% 47 % 47% 3,700 35% 36 35% 36% 35% 36 35% 35% ■'6,600 33 33 34% 100 *91Vk» *33 33 V 2 *33 33% •33 15 and Financial Chronicle.. .Monday, July 22, The Commercial 16 1957 (328) EXCHANGE STOCK RECORD NEW YORK STOCK 41% Apr 35 % July 39 '/a Apr 28% Mar 27 15% Feb 7 9 5 69% Dec 14 24 May 2 26 Ve Nov 29 37% Mar 27 35Jun 28 27% Jan 23 46% Feb 9 65% Jan Armour 4 Armstrong Feb 18 Feb 14 32 % Jun 5 Arnold 12 6% Jun 7 Artlooin Carpet 2 6 18 8% Jan 13 4% Feb 31% Mar 15 28% Jan 3 20 Mar 29 16% Feb 12 30% Mar 29 27% Apr 27 6 Va Jan 9 2 4 2 8% Feb Constable 2nd 31% May 31 7% July f A3R 1 34 103 Jan 28 23 63% Jan 22 78 Jun 6 25% Nov 21 33% July 25 22% Jun 10 27 Jan 11 9% Jun 27 10% Feb 6 5% 2 30% Jun 7 Atlantic Jan 23 Jan 6 May 1st preferred 5.25% Associates Investment Co 11% Aug 30 Nov 26% Dec Mar 13 30% 17 Nov 28 60 Jan 27 87 July 15 9 47% Aug 14 5 95 41 % Feb 57% Jun 12 81 15% Dec 27 10% May 28 1 18% Jun 9 61% Feb 13 91 1 13 11% Jan 9 10 Jan 14 19 17% Feb 27 17 Feb 1 8% Nov 29 9 Sep 16% Jan 22%Jun 16 26 26 4% Dec 17 5 48% July 3 Jun 35% Feb 7 29 113 Feb 2 93 21 105 Apr 19 May 10 81 17 41% Feb 19 102 95 58% Mar 13 63 44 5 71% Feb 13 12% Jan 22 57% Jan 88 14 Sep 12 82% Jun 16 6 44 Jun May 28 14% July 8 21 44 11 16 16 71% May 22 17% Feb 13 Apr 116 Jan 23 134% 13 94 Nov 27 106% Jan 20 16% May 16 - 136 May 20 102 Apr 5 20% Jan 11 33% 34 35% 18% 18% 18% 18 % 18 % 30 29% 29% 29% 30 13 37% Jan 9 23 43 Va Dec 28 35% Feb 12 47% July 16 Dec 31 91% Aug 80 % Feb 13 66 29 8 Dec 31 21% Jun 211 31% Jan 24 42 Apr 22 19 Va Jun 39 Sep 8 4 39% Apr 9 32% Dec 26 27 Va Feb 12 47% Jan 17 26 Va Aug 6 Nov 28 14 Feb 6 32% Jun 8 27 Jan 3 16% Jun 28% Feb 14 20 85 Nov 27 Shoe Beck Beech Aircraft Corp Creek Beech 8 21 RR Life Beech-Nut 24% Jan 31 Savers 94 95 95 94 71% 72 72% 72% 253i 25% 25% 25% 8) Bell 2 6 66% 17% Jun 25 f 1 % Dec 2% Feb 14 18 Jun 40 1% Mar 18 24 • 30 33% Apr 17 30% Oct 1 44% Dec 19 53% Jun 22 > 63 Dec Dec 9 Feb~~7 136 77% Aug 31 146 20 : Feb 39 13% Jun 8 16% Jan 5 84 11 Dec Jan 20 10 23 46% July 17 20 32% May 11 25 64% May 17 ' 46% Jan 7 35 '•> Feb 11 25% Nov Feb 2 Apr ,15 43% Jan 2 12 29% Jan 14 2 2 28% Nov 29 36 Dec 13 26 6 33% Jan 45% July 25 65% Dec 12 61% Jan 21% Dec 20 29% Apr 25 Jan 9 23 % Nov 21 34% May 3 1 39%.July 15 17 Apr 23 23% Feb 32 Apr 15 1 20% May l Mar 12 26 Dec 27 64 Jan 12 38 Va Jan 17 5 Dec 3 50% Apr 98 % Feb 9% Dec 54 79 " 51% Feb 78 48 Jan 46 87• -July 18 10 67% Mar 19 Bon Jan Ami Jun Bond 52% 51a4 53% 52 53!a 49% 52 83 83% 831,4 83 83 82 82 % 81 81% 9% 9% 9% 9% 16% 9% Stores Borden (The) Co Borg-Warner Corp common 3% % preferred 22 Boston Edison & 9% 19,000 16'% 1,200 77 77 % , 16'% 16 *16% 16'% 77 77% 79% 77% 78% 77 % 78 10% 10% 10% 10% 10% 10% 10% *10% 10% 18 »/4 *17% 18 *17% *17% 17% 173% 17a4 33! 34 33% 33 % 331/4 3334 33% 33 % 1.500 33% 7aa % 73a 7% 56,800 47'a 47% 47% 47% 1,200 % a 18 7% 7% 7Va 7% 7% 4734 47% 47% 47% 48 % 4!4 Co : 1,000 .100 5,600 4% V, 4 5.400 4% 403., . 7 •: 43a 40% 4% 40% V4 4 41% 40 % 40% 41 15,900 13% 14 46.800 " 13% 13% 14% 13:,a 13% 13% 13% 34% 34 343,i 34 34% 34 34% 34 !b 34% 9.900 94 % *93 94% 93% 93 Va 280 *81 82 % 81 93 % 93 Va 93 % 94% 93 83% 82 % 82Va 82% 84 54! a 55 Va 54% 55 '/a 54% 54% 5934 473 4 4734 82 % 55% 67,500 60 % 60% 48 Va *471,4 • 48% 300 83 87% 3.400 12% 13 2,100 86 8G3u 84 % 85 Va 81% 833„ 13% 13% 13'4 13 '/4 13 13% 13 13 % *41 *41 Va 44 *41% .-'41% 41% 41 'A *41 62% G4 61 '/a 62 % 61 61"/4 61% 62 % 62 16',4 161/4 16% 16 % 16% 16% 16 % 16 % 16 ' 34 *120% 140 17% 46% 17"tt 45 *33% 85% 22',4 85! *83% 21% 21-% *41% 33% 33% 34 % 11% 113/8 11% 11% 18 18% 17 18 47% 48'« 43 47 3 . 48!'4 8 88 17% 8,600- ,« 22 42 41 33% 34% 34 11%... 11% 11% 11% 17%,' 47% '■ 17% 17 Va 17% 45% 47/' 88 ..V. 88 . 45 7 55 50 55 18% 18"- 18% 18 18% 43% 43 44 43% 43% 1% 1% 1% 1 1% 1 % *32% "32% 13% 43 1 % : % 32% 32% 32 1 3fj 1% 32% 44% 44% 44% ,44% 44% 44% 45% 46 VH '44% 45 3 4 45% *31% 44 44% 46% 50% 49% 50% 141% 140% 141% 142 14% 14 % 14 % 14 ♦70% "■70% 71 53% 59 37% 38% 37% 28% 28 28 % 28 28% 28 28 27% 49% 13% 14 70% 71 58% 2.900 28% 38 3,900 - 28% 27% 27% 600 41% 403« 42% 95.600 2230 4.800 29 1,430 ♦27 40% 41 % 22 V 2 23 22% 22% 22% 22% 22% 22% 22% 25% 27 27% 30 *28% 12% 13 13 13 10% 61% 60% 61 42% 43% 43 43% 81 79r 48% 48% *79 48% ' 29 V* 28 28% *27% 13 12% 12% 12% 12% 800 16 16 % 61 15 5 —100 25 16 Va 16 16% 16% 16 % 5.100 10% 10% 10% 10% 1033 1.500 *10% 60 % 61 42 43 78 79 48 48% 48% -.48% 6.400 41% i ' 18,100 50 81 *78 ' 48% 60% 41'% 60% 81 42% *79 - . 43% ■61 60% 79 • 12% ■" 10% 4,400 27" a 273< 28% 27% 41 " 28% 40% 16 150 58% 39% 10% 3,900 . 37% 40 % 16% 700 142 141% 39% 10% 112.500 > 59% 59 '27% ./ , 14.300 52% 14 ' 37% 38% 28 3;, 1.300 44%" % 37% '59% 27% 2.600, 32% 71 *70% 7F 38 16% 1.200 81.100 1% 48% \ . 5^00 . 48% 49% 14 14% , 59% 59% 59 , ; 142 142 142 • *70% 71 7,49*3 49% 49% 50 % *140% - ''' 20 , 8* 18' 43 V '*''x 16.100 56% a 18% 43% 44% 14 . . 18 * 8.900 15,100 .■/ 92 *43 45-% 50 1.400 : ' * 32% 21% 551 56 :• 55% 55% 56% 18 t; 50 5,200 461/4 i- *86 :• 92 *88 . '• ; . 11%/ 18% , ■ 5,700 : 41% 34% 33% 55 43% 22 % , % ■' '■ V.—* 85! a *83% 85 Va 22% 163., «- r 5.300 44% 11% „ / 70 9o%, 17% 43 % *41 % 42'.. 46:% i 2,300 . 17 Via 33% . *86 88 "86 34% 140 45 21% 21% *41!:; 42 % 33 % *41% 3,900 *94: 9 o% *83 % 85% 21% . 4,400 16 1.4 17% 46% *83% 2 22 62% 44 .'17% 17 !a 47% " . " *120!a 140 *120!a %4 95 95 17% 46% 17% 47 , 100 44 - 8 33;,4 34% 34% 34 140 93 % 93% 93 !a *93 33% *120% 34% 34% 140 34 *120 % 800 , 82 Va 82 44 'r. 220 53% 601/4*47% 48% " *47 473^ T 60% 54% 54% 60 % 60 % 6034 *60 5934 47% 1 1.25 Inc 220 • 9% 16 % 9V2 9% *16 4.400 39,200 16% *82 % Corp 5 No par _No pax- class A—; Co Book-of-the-Month Club Inc 12 10 53% Jan 24 27 53 Ve 52 Va - B Boston 48% Dec 12 47'% 13 !a cum Class Mar 11 11 62% Jun 12 38% Feb 25 47% 34 5 1 Bohn Aluminum & Brass 3 17% May 27 16% Jan 9 14% Feb 12 9% Jan 2 Jan 17 26 12 11% July ,3 12% Mar 16 14 % Dec Feb 47% ' 4V4 ' 28% Jan 6 24 15% Jan 11 32% Feb 50% Sep Jan 155 13% July 19 70% Mar 15 13 71 11 Jun 471% 40! a -S.-50 1 peso Best & Co Inc —1 Best Foods Inc 1 Best wall Gypsum Co 1 Bethlehem Steel (Del) com 8 7% preferred—_ 100 Bigelow-Sanford Carpet (Del) com-5 4%% pfd series of 1951 100 Black & Decker Mfg Co— 1 Blaw-Knox Co (Delaware) 10 Bliss (E W) Co ——1 Bliss & Laughlin Inc 2.50 Boeing Airplane Co 5 50% July 16 41% Feb 172% 49 % 41/4 preferred — Benguet Consolidated Inc 5','c 5 7 49% July 54% Jan 12 48 ' 30 > 50 % 42 % 100 Corp Beneficial Finance Co«— 32% July 15 Feb 27 Feb 15 , 43 ' May 17 .May 14 48 May 9 1% Jan 28 21 3,100 49% - Aviation 13,300 87% *85 50 % 4% coinmoii——10 preferred— 41/4% Bendix 38,900 9% 29% 88 41 % 1 Co Howell & 253s 'S.% 29% 87% *85 90 90 1,300 73 24% « 9Va 29% 71/4 1 100 1 50 10 Bell Airciaft Corp 89% Feb July 15 55 64% Dec 27 Corp 25Va 9i% 29% *85 90 ' 25% 29% 29 % 30'/4 *85 72% 93/87 *'■ 9V2 9% ". 30 2,500 95 Va *72 721/2 ■* 6,900 - 33 94'/a 95 Va 25% 9% 9% 30% "ft 7% 33 33'% *94 951/2 72 2,800 71% 33 33% 47% 1 a" 48% Jun 33 17,500 33% — Belding-I-Ieminway 50 % Jan 36 Va Mar 15 85 Jan 10 50% Dec 31 101 Jan 30 33% 7,000 18% '17% 100 2.50 — Instruments Inc (AS) 4%% pfd Beckman 3 35% July 2 11% July 18 10% Mar <10 33 36'% 18% *30 7% 7% 7% 7% 7% 7!'8 7% 33 % 33% 30 Va 35% 33 29% 90 100 400 5'% *5 5% 5% 5 10% 100 preferred 41/2 c/o 25% Jan May 5 .. Beaunlt Mills Inc 17% Sep 80: 5V4 __ 35% May 20 89 % July 12 ■ July 3 Jan 28% 29 , Feb 31% Mar 14 120 Fpb 19 & 3 54% Feb 6 19% Jan 2 84 *28 16 % — -100 common——100 4% noncumulative preferred—100 Bangor & Aroostook RR 1 Barber Oil Corp —10 Barker Brothers Corp common—.5 41/2% preferred — — 50 Bath Iron Works Corp 10 Bayuk Cigars Inc _ No par Beatrice Foods Co common 12.50 33,8% conv prior preferred—100 May 16 12,600 *33 29 26% 76 Ohio & 27% 84 *27 18% 9 % No par series B preferred Baltimore July Corp 27 *83 28 Va 9 13 (The.) Co 28 84 52% preferred series C— 4% 28 55% July 16 Apr 39 12 67% Nov 26 16% Aug 21 Feb 4'/2% 8 Mar 28 12% Oct 31 43 Baltimore Gas & Elec Co 67% Oct 24 9 Jan Jan Baldwin-Lima-Hamilton 15 68% Jan 27 42% Jan 39 16 July 19 41 Ve Feo il 53 13 58% Dec 28 60 Jan 15 25 Dec Babcock 28% *5 1 (B T) Inc & Wilcox 4 11 35Va Feb 12% Feb Nov Babbitt 5% Jan 46% Jan 5 39 % Mar 13 3% Feb 32 Va Jan 31% Dec 3 May 15 7% July 5 41,000 83 ($1.20 •—Nopai Automatic. Canteen Co of Amer—5 Avco Mfg Corp (The; common 3 $2.25 conv preferred No par 38 16'% 49% prior pref Conv 15% 87 No par common 16% 30 9% common Nichols Austin 18 % Mar 22 5% Jan 85 24 Mar 29 14 43% Jan 95 Jan 18 79% July 16 12 15% Jan 8 27 30% Jan 7% July 12 48% Dec 5 35% May 24 Jun Jun 15% 13% 30 common——10 preferred .—100 1 5% preferred —20 Atlas Powder Co_. 20 Corp 15% 25 % $3.75 series B Atlas 11,500 94 Atlantic Refining 6 25 11% Jan 24 25 67 34% Oct 29 7% Feb 24 49% Feb 24 8 5% 8ep 37% Sep 11% Jun Aug Apr Jan 94 July 19 20 99% Feb 83% Nov 29 57% 7J i% No par RR 57'/a <27 321% '—-100 Coast Line Atlantic 58 % 33 7% Sante Fe— „_—————10 preferred 10 City Electric Co com—6.50 preferred— 57% 13% non-cum 4% 2,800 58% 29% Common 5014 July 15 8 39% Feb 63% May 27 35 V2 Jan 27 Feb 101 43% Jan 3 31% *27 5% Atchison Topeka & 10 85 *83 31',8 33 1 100 10 Common 12 89 28% 28V4 4 28 5 com———1 preferred $1.50 series—No par Products Corp — 5 14 65 28 Ashland Oil & Refining Jun 9 -5 1 —2.50 Co Inc Inc— Arvin 6 -28% Feb Oct 28 3 83 Industries 36 % July 19 Jan 3 110% Jan 5 73 Aug 28 97 28% Corp 19% May 15% i5 Associated Dry Goods Corp— 35 16 29%. Feb 15% 16 83 36% 31 Va 28 10 -5 1 59% -No par 36 Va 31 311/4 58 Cork Co common 5.100 37 30% 84 30 3 a 59% preferred——, $3.75 Shares 37 15% 30% 59% of Illinois—. Co & 8 Jan 92 16% Jan the Week July 19 57% 30 % Corp 30 5 11 Steel 8 12 11 6 Ye Jan Armco 28 4% Dec 15% Jan 2 Friday July 18 37 31% 36% 37 3634 36% 33 % ———5 Corp Jun 13% Feb 267/e Jun 27% Oct Argo 25% Feb Jan 22 18 '/a May 24 Oil 4 July 16 July 15 Thursday July 17/ No par Archer-Daniels-Midland 25 Jan 36 12 51% Feb 81 102 Va Mar 5 Dec 82 39% Apr 9 Par EXCHANGE Highest Lowest Highest Loweal Sales for PRICES HIGH SALE Wednesday Tuesday Monday STOCK NEW YOKK Range Since Jan. 1 Year 1956 AND LOW STOCKS Range for Previous 4,500 48'/8 ,43% 4 b 3 29% Jan 41% Oct 1 61% Jan 3 Oct 1 14% Jan 3 19% Jan Feb 28 15 Aug 17 24 47% Jan 10 9%.Jua 20 11% Jan 2 29% Feb 12 41% July 9 42% Jan 3 6 48% Nov 16 8%. Jun 10 13% Jan 37% Jun 18 47 35% Dec 31 54% May 10 Dec 28 58 12% Dec 31 24 Va Apr 41 35% Jun 5% 36% Jun 31 ' 10 8 May 44% Dec 17 41 .Jan 29 85 Jan 30 14 92% Oct 26 100 32% May 25 13% Dec 17 37 « Aug 14 Feb . Bristol-Myers Co common 36% Jun 13 Jan 15 Brown & 22 Brown Shoe 15 25 48 % May ! 38% Mar 11 Co Inc 39% Nov 16 46 25% Jan 23 45% Dec 23 % Oct 18 Buckeye Pipe Line Co_ 23 26% July 19 56% July 18 24 38% Jan 41% Jun 10 52% Jan Bucyrus-Erie Co 21% Jan' 17% Feb 21% May 17 Bud* 17% May 28 Aug 29 42% Jan 17 3 89 Dec 5 95% Jun 27 Feb 1 Dec 28 38% July 30 20% Dec 10 23- 12% Aug 21 Mar 16"% Jan 22 29 ■ 12 t'eii May 23 9 28 2 Jan 90% Jan 82% July 15 36% July 17 26 74% July 19 4 34% July 11 15 5. 11 July 19 16% July 9 29% Jan 8 Jan 2 3 11 Mar 18 141/4 Jan 23 64 July 19 74% Jan 23 62 May 21 Jan 24 Jan 25 .< 19 21 A 65 Nov 30 81% Jan 19 63 Sep 20 77% Feb 8 72 Dec 27 85% Mar 6 67% July 28% Jan 23 46% Sep 6 33% Feb 15 Apr 22% Sep 10 20 Oct 26 18 31% Jan 5 65 " 9% Jan 23 25% May 98 12 % Apr 34% Dec 8 Aug 15 105 Va Aug 16 14 3 *17 • • 27 Jun 20 23 % Jun 27 2 52% July 10 19 Jan 3 29 Jan 11 Co common— 15% 37% 37 9% 61 34 % 34 €1 -82 % *32% 3234 .. 14% 69% 67 67% 67 Va 68% 26 26 25% *25!4 25% 42% 43 % 42% 42% 19% • 20 : 25% r, 42% 19%t.;.49% •82V^?-83% Bush Terminal 1 15 Co — 5 10 & Zinc_ 10 Butte Copper 45% Jan 16 Byers Co (A M) common 26 1% participating preferred—100 25% 42 5,700 20% 17,000 *31% 32% •; 195b 17% 66% 66% 66 66% . 12% •> 66-i 17! *65% v 65 *60 65 6712 67% ♦67% 69 50% 51 17.% 17% • *60 *63 65 ■ : 19 17% 12'% 12% 64 5,400 12 % 66 =• 100 65 : 65 * *60 150 *32% *101% , ♦17% 18 24 % 24 7% 50% 23% .24 7% .:*7V4 34% 103 7% 33% 32% 103 *101% *67% 69 49%-. 50% . ♦17% >18 23% 23% *7% 7% .. 67 Vi ,.67% 68% r:: -i; v 65 *67 11,500 * 50% i- 800 • 6.200 19 % 17% 19 Va 17% 8 12 Va 12% 66 2.000 83% i 12% 25% 42% 17% 1?34 12% 15.180 1934 1938 17% 12% 800 74% *82% 19% 1934 1.000 69% 32 % 17% . 46% *82% 19% a 14% 14% "46 19% 32% A 32% 12% 7,800 a 83% • . 3234 .32 34 3 1934 43 Va 8334 *82% . 200 88 34 • 45V4 14 % . Butler Bros— 59% 341% 34 . *85 88 *85 . ; 34% 14% 17% *60 9,500 60 88 34 '14% 19% 19! 59% 59 Va 60 % > 41 66% • 26% 82% 11.900 41% 4534 68% 20% 3.400 41% 403a 141/4 67 % 4334 914 9% 46 14% *45% 19% 4.200 9% '•9% 46 14% 45 % 43 % 4.600 47% 46 14 45% 25% *85 34%' 34% % 5934 - 90 *85 9% 39% 40% 40% 40% 60% % 90 9% 39-% 47! 2 9% 9% 9% 400 1.200 39'% 38V4 •46 47J/4 * 37 47Vij 91/2 9% 38% ♦46' 9% 39% 40% 60% 9Va 38% 9% 39% 47% 15% 38% *15% 15% 37- ; *46 9% 39% preferred 104% Feb 10% Jan 46% *85 No par 5 5 15% 37% 9% • No par 15% 37'. ' 38% 9 No par Buffalo Forge Co ——1 Bullard Co i —10 Bulova. Watch Co Inc— 5 Burlington Industries Inc com—— 1 4% preferred _100 3%% preferred f :—100 4%% second preferred 100 Burroughs Corp 5 $5 5 J»- • 74i fT^eX Mar 12 July 19 7: 31 101, 9 Brunswick-Balke-Collender 10 40 46-% 1 —15 Bigelow 37-% 37 % 10 39% 100 :—10 3%%. preferred Brooklyn Union Gas___ 90 33% Feb 11 2 15% Apr 27 Jan 61% July 12 Jun 11; 21 Feb 28% Feb Manufacturing Co__ Briggs & Stratton Corp Briggs 14 10 37% 100 2.50 5 50 3.50 3 2.50 Airways Inc Bridgeport Brass Co common 4%% conv preferred 15% *15 15% *15 No par preferred Braniff 8 Jan 11 48 RR— Maine Common 3 ~40 9.500 49 4934 48% 49 17% 17% 17% 17% 300 24 24'% 24 24% 6.800 T!% 7 7% 2,200 7Va '■ 32 34 33% 32% 33 *32 34 33% 900 *101% 102% ♦101% 103 102% 102% 20 .. 1 40% Jan 23 51% May 4% Dec 10 8% Apr 12% Jan 20 3 13 16 Va Mar 20 Feb 13 44 Vs Jan 4% July 16 7 Va Jan 38 141/4 Jan 9 7% Jan 17 11% Apr 22 5 % July 17 34% Nov 23 43% Jan 3 32% Jun 24 87% Jan 13% Jan 16% May 5V4 Aug 13 Dec 75 Va Dec 65 Oct 12 21 1 24% Nov 30 17% Jan g 98 7 66 . F€b July 11 76 50 Jun July 30% Nov 29 33% Apr 6 36% Mar 16 24% Apr 29 % Feb 50 56% Apr 49% Mar Aug 22 For footnotes see page 5 26. 2 28 8 4 12 1 6% Jan 84 11 2 California 11 Calumet 8 4 8 Feb 27 56% Jan 29 Packing ^Jorp 5 1 5 Zinc-J<ead Callahan 423a 5 43 5 Va •43 4% 13 r 43% 5 43 4% 43V4 5 13!% 13% 131% 5i% 5',8 5% 43% 43 4% 33% 33% 33% 33% 5,500 15% 1534 15% 15% 4,800 32% 33'% 33 33% 33% 33 % 15% 15% 15 % 15 3 4 15% 15% 79 Va 79 Va *78% Co——ji ' Canadian Breweries Ltd 36% May 13 62 Jan 2 Canadian Pacific Mills Co 79 *77 80 *50 52 *48 Va 52 *50 52 '28% 28% *28 % 30% Ry 1. 35% 29% 29% 25 29% July 15 Cannon *77 35% 35% 35% 35% 35 % No par *50% 51 Va *50 Va 51 Va •50! 2 No par 51 7.500 5'/4 1.80 Canada Dry Ginger Ale com—1.66% $4.25 conv preferred No par Canada Southern Ry Co 100 Soup 6,400 5 5% 5% OMBpbell 3,500 43% 533 1 Campbeil Red Lake Mines Ltd 4% 13% 5% 5% 43 % 133e a 13% Inc 5 2 13! 13 % &. Sfecla *5',4 13! ' 4.700 30 *78 79 Va 50 *50 52 200 *28% 29% *28% 29% 200 35% 35% 35! 8 35% 15,300 *50% 50% 50 *50% 79! 51 2 Volume 186 Number 5657 ... The Commercial and Financial Chronicle (329) NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous ■ f - STOCKS * .; Year 1956 Lowest Highest , . - . Range Since Jan. 1 " Y* Highest , ' EXCHANGE -, 23 % Dec 12 41% Feb 18% Apr 18 26% Jan ,4 23 45% Aug 17 jo% eb 12 51% Jun 13 Carborundum 22 Nov 14 23% Mar 20 22 'Feb 12 101 Nov 30 121 22% Nov 29 1 Mar 94 9 27% Apr i 2 32% May 22 July 17 22% Jan 105 2 40? * Feb 29 65 % Dec 31- 50%,Peb 12 49% Nov 20 62% May 16 54 % Jun 24 53% Jan 26 41 Jun 18 24 % Aug 16 20% Feb 25% Mar , 13 43 Nov 9 20^ Jan 19 11% May 28 100 Dec 18% Jan • 21 119 % Jan 14 5 Mar 28 9 101 July" 18 85 94 Dec - 11 Jan 13 ?b Nov 102 95% •< lu4 23 »■ 91% July 16 21%'Jan o 3 Jun 65 % Jan 47, ' - 11 26 11 17% Jan 108 % Jan 25 119 Feb 27 Feb 20 75 Jan 13 64% Jun 24 70 34 Feb 14 3 31% Feb 17% Dec 3 17 Feb . 47% May Jun 21% Nov 14 Dec 28 12% Mar 16 43 Nov 28 57% Apr 81 lb Feb 9 86% Jun 38 V* Jan 28 23 16 3% Jan 13 12 71 15?8 Oct Hi. 17% Mar 22 la 51% Jan l(i 61 98 lb £)ec 31 113 27% Jan .. 23 35 Nov 19 43 32 ':, 33. 31 54% Dec 88% Jun 20 27 13 16%. Apr 28 7 13 14 41 % 45%, Dec 26 ' Aug, 17 4% Jan 54% Jan'1; 9 75% May 9 27% 20 27% 28% 27 3A 28 27% 28 2,900 95 95 95 94 94 94 94 3 4 941/4 94 Vb 280 23% 24 23 % 24 23-% 24 24 24 Vb 23% 24 Vb 3,100 73% 74 74'/4 74% 74 74% *74 74% 73 74 4,000 iq- 55% 56% 55% 55 Vb 42 % 42? a 42% 23% 23 % 17% 17% 17?b 17% _100 *102 % 103% 1 — 5% 07% _100 Central Violeta Centtrry 8 Corp Pasco Corp 2 9 .Chain Belt 1,100 17% 17?n 17% 18% 38,300 102% 104 65'A 36 36 Vb 17?4 17% *20 Vb 20% *'20%' 11'%-- ill' •11% 11 *47% 49 48 250 ■ 90 104 50% 50 50 " 93 *92 28% 33 % *32% 40% 7? 8 ', 7%' *7% 43 -4 41% 42% 17% 400 20Vb 20 Vb 800 11 Vb 3,900 17 % 20?b ' 11 48 11% 11 Vb 48 Vb *48 49 15 49 Va 4; Vt 49 Vt *48-"A 200 78 15% 49 91 29 *91 91 Vb 29 Vb 33 Va 28 - . 40 %■ 41 : 19 ' . 19 y. ' *7% 8 9% 2Va 2% 2% 1': 62 % 62 % *61% 62% 6 HA 37% 9V4 9Vn - 100 30 2?a . 40 40 Va *19 19 Va 2?b * 61 Vb 1 91 28% 3131 300 40 40'A 10,700 19 Vt *18'A 8 *7% 9 Va 9% 31% 2% 2 61 Vt 500 300 8 42% 42Vt 2% *60 ' ,130 2,400 *31 42% *60 6,800 900 91 32% 42% Vb 28?b 28Tb 29% / 9 Va ' 29% 92 ?i 31% *7? 8 8 42 Va 42% 42% 29% ~ *17'/t 17 Vt *70 Vb 1 i„10. 6,300 15 Vt 1 9% 1,100 35% 71 % 1 29% 65?b 341/4 15 Vt . 9% 40 65% 35-% 20 Vtv 74 .. : 30 15,700 65% *71 Vt ltlVa 19 400 16% 108 Va i7:%',. *32% 40?4 '19% 40% I' 19 93 15% 108 „ 4,600 16,500 15% 33 Va 40 V* *91 Vb 16 Vb 10,8 20 Va 28% 29% - 5Tb 87?b ' 93 Va 29 , 93 Tb 15'A 75 15% 50 74 85 *48% 15% . 5 Vt 35% 48 *70% 65 ; 11 49 Va 16 65% 36 Vt *17% 5Tb 88 108 65% 15% 92 *91 i I6V0 108 ; Co„___— ; 5Tb a 15% 5 r.Chad-bourn Gotham Inc ■ 18,100 42% 23% 102% 93 16 > *107 *32 No par % 5, 55 ?b *42 *23Vt 8b?/a 18 11 %•■ ..9.50., i. 54% 42?'n 23 Va 5% 20% 20 1. 163/'a 10 Co 55 Vb % 23% 88% ♦91% 92% 50 Certain-Teed Products Corp Cessna. Aircraft Co^ > 10 69% Jan West Sugar Industries Co Cerro .de 57% Mar 13 *17 % 1 65% 75 South 42 , 103 53A. 87% 108. . ■ 11 108 65% *VO% . -• 16Vb 108% 65 Va Hudson Gas & Ifitec—No par Central Illinois Light com No par 4%% preferred .n_100 & 3% Jan x:)l% 16% •107 20 B: 103 5% 88n/4 95 16% L100 100 5%v preferred series 104 •5% X88 *48 Va Central 11% Jan 5% 88%: *93 Ndpur —_ 103 * 54 % , 9,000 ■ 7 —10 : common • 23% 17 % 23% 17% ( 42 % 23% Central Illinois Public Service Central RR Co of N J 43% Jan " 57% 42? 4 12.50 preferred 56% 42% *23% par 8 . _.l Agulrre Sugar Col: 59% Jan 3 % 4 —50 ■ 2% May 28 8 28% 95 5 preferred 9%. Jan 14 Jun 3,500 28% ' ' 2 29% July 3 48?t 22% Jan 10 1 3 July 21Tb 48Vt ', May 20 43% May 22 3 ' 7% July 77% July 19 aJ/a Sep 23 Peb 21% 48? b Central 36 28 Sep 27% Feb ' 31% May 14 28 21% 48 Vt Central Foundry Co——_.a. > Centrar of Georgia Ry coni—No 4 I; 34% Jan •21 % 48% 5 11 27%:Jun 22 48 Va i 9 56%, Apr 100% Jan 21?* - — preferred Central 7 July 24 14% Mar 18 ■10 ' 26 1 May 16%-Jun - 19% Nov 8 7% Dec Aug 14 Feb .. 79 , 2 iviay Jun 5% ... 13% May 22 July 10 . . 49 n 48% <ymv preferred series A_100 Corp common *._■ 1 Celotex \ 51% Jun 18 8 Aug 9 41%, July 27 Oct \ 1 13 % Jun 3-' 37% Apr Jan 22% 48 1_ of Amer com —: 7%-2nd preferred 4lb% Shares 22% 48 % No par Light 2nd the Week 23% Ry_100 Celanese? Corp "■* 11 18% P'eb 19%. Mar 20 1G 25 conv 4.26% 8 17% July 18 22 ; 8% Jan preferred Friday July J 9 22% preferred 6%% 8 ; 12 21 21 & Rales far Thursday July 18 10 Ohio & common; Caterpillar Tractor 100'% Mar 13 Nov 20 s7 %■ 6 64% Dec 104 4%% 9 t Corp SALE PRICES 47% Carriers Vte General Corp Case. (J 1J Co common—J 14 5% Mar 99% May \ Carrier 19 110% Jan July 19 1474 Feu Apr 18% Jun Power HIGH Wednesday July 17 . i Carpenter Steel Co • 23% July it ; 27 5% Jan 55% Jan23 Carolina 74% July 16 . • , Carolina Clinchfield 6 AND Tuesday July 16 —__5 (The; Co— (Philip) Mfg Co— Carey Mar 21 Monday July 15 Par Capital Airlines Inc 3Ha Jan ;:Y LOW NEW YORK STOCK , Lowest 9 11,400 9% 31 % 7,000 31% 6,700 2% 8,400 61 Vb Va 400 • , Oct 1 45 'Aug Dec 21 208 22% Oct 1 34 ► 94' 9 32% Feb 19 Jan 11 Feb 7 86% Jun 24 99% Jan 29 ■27% Apr 5 25% Feb 12 31'AMay 45% Dec 12 31% May 24 7 Jan 3 6% Nov 28 12% May 3 69 % Nov 20 20% Oct 17 36% Dec 28 35% Dec 31 24% Jan 27% 6 3 71% Jan 37 *89 69% Jan Checker Cab 110% Jan 23% Jan 11 10, ■ .30% Mar 11 2 31% Mar 15 41% Jan 2 11; Jftly 16 40 , 36 i\iar 15 16 Feb 4 56 Mar 19 1 22% Feb 12 'l 30 25 43% Apr Feb 20% xviay 2o 61'a Jan .- , 29 24Va Apr 2 20 5 33% Feb 12 37% Jan 10% Jan 4 14% May 22 13% Jan 10, 22 12% Nov 5 12% Oct 11% Jun 27; 12% Jan 9 51% Feb 9 69 % Mar 1 53% July 18 6* Jon 11 60 1 87 3 64% Jan 2d. 81 % July 16 25%-Jun 21 30 83%; Jun 28 94V2 Jan 31 50% Jan 4 47-, Jiin 17 Jun 43% Mar Jan 26 29 % May 10 7 Mar 26 / „ . . 87 Dec; ,%..37% Jan, Y • 3 5 3 39% Dec.20 29% July 10 102% Apr 4 55 Vt July 10 .47% Jan 6 Jan 23 54 12% Jani30 . ■ Nov 102 . 73% July 17 20% Mar 29 37% July 19 39% Feb 12 58 Feb 12 15%. Jan 18 104% Jan 18 42%? Jun 29 !• 30 < Jan ; 9 17% Dec 27 23% Jan 3 ,17% Mar , 93 3 93 V* Jan ' . . 185 t *. . ' Nov-. 20 10& 46% May 24 > Oct 75% July la 16 196 89% Nov30 . 103 34% Jan ; Jan 102 May 38 % Feb 27 . Y. Jan 13 J 80 1 15 3Q% P'eb 92% Jun % : 21 May 16 Jan • 26 80% Mar 26 66.: 19 45 j *19.,-,* Jun, <. & < 24% Jan * i GO .v Jan 23 »* Jan"10 ■ 3 18 175 22 39% Jan {•' 67% July 15- .6 Jan -. >.*' July May 2OV2 Apr 96% Apr 52% Mar 26; 39% Dec t 1 7< . 175 111 Jun *0% Ju"n May 28 70% Dec ; 71 103 May 83 Jan 43% May 104 Jan 9 71% Feb 4 40% May 78% Aug 15 Nov 5 127% Sep 20 141 Jan 5 lo 126 Jiiii 13 100 I Nov 50% Jan 13 ' t.i 27' 139 39% July 19 123% Jun ir.fa d»iy 1 99 7. Jan,4 2't 98% Dec- 20 131% Mar 2 800 Apr 62% Jan 9 41 Peb 27 75 94% Mar 5 73 Jun 13% Nov 21 23 % Jan 9 13% Peb 25 27% May 28 35% Dec 10 47 Dec Dec 19 11 Jan /' J 8 114% May 34 % 36 Vb 14,700 9 y* 8rA 64% 65 *102 Va 105 103 20 V 2 20 Va 28% 28% *28% 41 % 41 % 4l?ii 64 20 *28 30 37 40 41 Va *101% 20 100 20 1,700 ' 40 700 29% 100 49Vb ■ 2.mo *36% 37 8,500 6,700 105 *28% 40 ■■ 2,000 a 64 % 641/t 30 37 37 Va 20 3A 9 26 3 *26 103% *102„ 20% 40% 37 Vi *37 64% 2,100 8% 8 Vt 26 103 20V4 8% 8Va 26 64 Tb 64 Va 29% 37 Va 8?4 8Vt 26 Va *26 20?a 41 8% 8Vb 7% 26 65 D 8Tb 9Vi 8?b 26 105 *37 Vb 19 *9 8?8 26 V* 37 19 300 % 19:% 19-% 1.) Va *58% 50% 58 % 58% *58 V* 58% 58? a 58?b 58% 58 V 40% 41% 40% 41% 40 Va 40% 32% 33 ?b 32 33 32% 33 Va 33% 34 33 •% 34 40 40 Va 40 40 Vb 6,400 27 VB 27% 26% 26?t 2 7 lb 8,800 36 36 Va 6,400 19% 19 19% Va 19'/o 19% Vb Vb 16,UU J b 600 7,400 - 27 ?b 27 Vt 27 27?b 36% 36 Va 37 36% 37 Va 36 36 ?b 19% *18% 19% *18% 19 ?4 19 19 *18% 19 11% 11% *11% 12 *11% 12 *11% 12 *11% 12 100 55 55 *53 56 *53 58 53 Va 53 *53 56 300 79 • 27 36% *18% 80 80 79 Va 80?b 27 Vt ■ % 79% 81V* 27 79 Vb 27 84 *84 85 29 Va 100 78% 79 ?b 135,700 44% 45 Service . Corpi—,—No par Co-1-— Y—10 68 3 b 68% 16% 45 44% 68 Tb 43% : 66% 17% 17 '♦100% , 43% 26 ?b 26?b 3,800 , . . 109 IV/* *100% . 43% 43% 26-% 85 85 383A 38 3b 37% '45 44Va 44% 43'/a 17'A 19% 18% 97 96 Vb 96 Va 1)4 207 *80 Vb 83 39% 40 *93 94 *60 Va Vu *160 65 *78% *38% *160 *78% 83 *62 *37% ' 40 ' 65 39-% stock..—50 I—1 23% 24 Va s—-No par 73?'t 74 Va ' 43 42% 18% 97 Vb 65% 66 Vt 67 , .. 17,000 16Tb 4,600 105 42 ?4 1,100 18 ?4 19% 3,100 975b 70 G5?i 7,500 65'A 207 *78% 02 7,6p0 *96 % 67 *160 207 2,000 44 * 207 *160 82 *78% 82 38Tb 38% 39?a *93 94 93 94 93 94 66 *62 66 *60 Vb 66 .40 *38 40 *38 40 38% j- 94 %' 16?Y *100% '• 280 38 *62 39% 94 66 , 65% Va 207 17% 105 *96 Va. 19 •96 66 Va 67'A 16% 85 - 42% 18% 43 3 a xl8% *84 ♦lOO'/a 105 19VY. ►160 66 Vt 68 • 97% 18% *96 Vb 39% Va 68 Vb 17 105 *38 Va 44 , '100% 43% 84 39 26?b 85 39 27 38? t '*37% 38 -.38?'t V'a 3,800 310 • '"GO 23?Y 24 Vb 24 24 Va 24%. 25?b 25 25 Vb 48,200 73 Va 74 73 73 ?t 73 73? t 73 73 ?4 1 Apr 9,200 40 4,200 40 "129 131 *129 100 100 100 100 105 104 Va V-4% Coca-Cola Co (The r__—; Coca-Cola Internat'l Corp 8 17 * No par No par V4 104 »a 40% 47% Mar 12 " 50 Dec 27 59 ?b Peb 16 50 % Feb, 3 57 22% Jun 28 34% Dec 19 29% Jan 21 36J/8 May 15 .22% Jun 28 34 % Dec 19 29V* Jan 21 35% May 15 17% Aug 16 !10% Feb Apr *77% 13,i66 *800 *800 47 14% 1,500 32 Vt 31 Va 32 31 Vb 32 31?b 31% 33,500 *47'/t 48 *47'/t 47% Vb *47 W 48 *47 Vt 47% *47 V* 47 3A '41 Va 43 Va *41 Va 43 Va *41 43 Va noncumulative 1st pfd—100 *53 56 * 56 4 '/u 23 noncumulative 2nd pfd—100 *52 53% *52 2.50 31 31% 31% 32 31% 32 31 ?4 2.50 31V* 31 Va 31% 32 31% 32 31% 17% 17?b xl7% 17-% 17% 17 Va 17% 20! 20 VY 20 Vt 20% 20% 20 Va 19% 52 Va • 80 47?b 80 4% . Y 6 30 14% Colorado St Southern Ry; com—100 28 25 Mar 2,300 46% 31% 59 105 78% 21% 50% Feb 104% 15 31 % 50% Apr 104% 14% .Coloraclo Fuel &: Iron con)—No par ' ?;5%% preferred series B 50 13 104 31 15 15 11 500 104 3A 14% 15 Jan 100 'A 15 39 Vt Jan "98 80 15 55 100 46? 4 78 % 9 *99 *78 Va 78% 50% July 30 51% Mar 12 100 x46 No par Collips «fc Aikman Corp—2—No par 66 lb Apr '100 80 Apr 30 • 130 39-% 48 Vb 49 *16% May 31 33% Jan 2 130 *78 Va 48% 48 Vt $3.50 preferred : 130 104'A 105?.'t a—10 11 *127 40% *800 48 Vt Colgate-Palmolive com , *o00 ''o'JO July 15 Co 40 130 40 130 com 40 *127 40% 40 No par preferred Y—1 —100 cumulative 2nd preferred-l.Oj 83 11' . ! 7% 40': Nov 3 36?t 27 Climax Molybdenum Uiuett Peabody & Co 5 54 36% Dec 35% 38% Special guaranteed 4-% Clevite Corporation v mar, 5 (. 800 , 26' Feb 27-. Va Mar iw 17' 40% Nov 29 , 37 Va 37 r * 39 36 83-'% Cities 25% July 19 "76V» Jun; 12 37% C'lT Financial .3 12 36 Vb 26% ; — • 60% Feb 37% 8.50 i Common • City-Investing Co common—.—— 5 2 - : 5%% preferred—L—, —100 4 ' City Products Corp—,—, No jrar 9 \ City Stores -Co common! —9 12/;. 4%;% ' convertible preferred—. 100 2*: Clarlc Equipment Col 13 16 C C C & St Louis Ry Co com—100 25 5% ifoncumulative preferred—100 20 ''> Clevelahd Electric Ilium com——15 14 $4.50 preferred L-^—— No par 6 Cleveland & Pitts RR 7% gtd 50 11 17,700 4% preferred : 1-100 Cincinnati Milling Maeh Co——10 " ! 6 Feb 210 27% ♦89 Cincinnati Gas & Electric— Apr 24 1 V18% May 31 3 43% Jun 26 -97% Dec. 31. ' ——Y—25 a 27Vb *28% :_Y—25 v 2 v ■ Co Copper 91V 27-% ,.*20 5% Y Chrysler Corp i,— '■ 24% Oct 25 . ,; - Great Chile 90 27 Va 64? 4 preferred series A———l_100 Chicago Pneumatic Tool— ^-.3 Chicago Rock Isl & Pac RR—No par Chicago Yellow Cab_. No par Chickasha Cotton Oil—i Y—,. 5 •' . *36 92 27% *102 Western Ry com Del_50 preferred i—50 Chic Miltv St Paul! & PacY—No par -5%; series A noncum pfd __10j Chia.& North Western com—No par 14 37 *91 Va 27 8% 5% 34% Apr 29 46% Feb Clue 36 Vt 92 28 9 V* preferred—100 " Chicago & East 111 RR com—No par •' Class A _Y——L.,—L -_^40 j - Apr 3% %■: convertible 37 91 27 Va 37 92 26 5 /Chesapeake & Ohio Ry common—25 9 37 92 28% 36% -1 — 37 V* 27?h 1.25 Manufacturing Corp ___l_: Chesapeake Corp of Va ''Chemway 9 35% Dec -l Common Y 4 Feb '31% 19 * 9% Feb 18 31% Jan 24 19% Jun 28: 27 Jan Jun No par $4.50 preferred No par 2 *. Champlln OilYfe Refining Co— 1 24 .' Chance Vought Aircraft Inc —1 10% Mar 28 26 Jun 9.9 16 26% Jan 16?b Nov 29 55% May 28 21% Nov 21 Nov 7 21 Apr '41% 491/* Jan - 25% May 10 59 % Feb 12 '31%'Apr in 50 38 8%. July 18 4 109% Nov 21 9 28% Feb 34% July 19 10% Apr 13 44% July 19 29% Nov 29 53% Jan 96% Jan Champion Paper & Fibre Co— . 130 *52% 54 *52% 55 56 *52 54% *52 54% 33 33 33 Vb 33 32% 33 17Vb 17% 17% 20% 19% 30 43Vb 52 *53 53% *40 52 41 41 ' 110 t 1 '15% May 28;. '17% Dec 31 26% Jan 78 Aug 23 44% Nov 20 58 84% Jan Apr 3 3 12 17 Feb 13. 25 74 V* July 12 43 Apr 23 36% Mar 22 24% Sep 44% Oct 25 31% Dec 18 27 Feb ' J.3 46% Jan 16 15 % May 38% Dec 44% Mar 19 38 % Jun 27 93 21, Nov 8 Dec 29 101% Dec 6 3 10% Jan 9 b .vi1 / Jun 8% Feb 7, 6 19%.Jan 42Va Mar 104 Feb 23 31 26 22% Jan 12 30% Mar 26 42 % Nov 15 12V* July 1 34% July 10 39% Jan 23% Mar 19 11% July 17 18 8% Mar 16 18 Jan 4 44 Dec 14 49% Mar 22 100 Nov 29 110% July 17 26% 8. 21 1 36% Mar 12 31 6% Jan Jan Jan 14 15 Dec 28 10 23 Jan 18% May 28 18 92 93 9 21% Apr 10 ;43% July 25 19 1% Sep 43% Dec 46% 47 47 Vb 29% 2<j -a 29'A Lvj "'/a 30?Y 29 ?t 30 3 b 29% 30 29 Vb 29?b 29% .29% 47 46% 47 46 ? b 40% 46 Vb 46 Tb 46% 46% 18 18 Vt 17% 18% 17 17 Va 16% 17% 16% 17 19,400 33% 39% 39 39% 39 39% 38% 39 38% 39 15,300 93% 93% *93 Vt 93 3A 93 31 94 93 93 *92 ?t 94 8% 8% 8Va :>,0 40% . ■ ' ■ ' *8 % 8% 8% {■ 8 5% 5% 5 Va 5% 5 Vt 5% 5 Vb 5% 5% 12 Va 12% 12?a 12% 12?b 12?b 12 ?b 12% 12 ?4 13?b 13?b 13 13% 13 Vb 13% 13% 13 Vb 34 Va 34 31 34 Va 34 Va 34% 34% 34 % 34% 34% 34 Vb 13 13 Vb 12 Va 13 11% 12% 12 12% 12% 12'A 8,800 42% 42-0 42 Vb 42 ?b 42 3 b 42 ?a 42% 42 Vb 42 Tb 15,700 99 99% Consol Edison of N Y com—No par 42?b $5/ preferred ——I.—No par Consol Electrodynamics Corp—i_50c 99 V 50 Va 51 Va 51 Va 52 50% 51 % 50 28 % May 6 35V2 Jan 23 Consol Electronics Industries—. 32% 33?b 32? a 33 32% ,32% 32 Consolidated Foods 1 1.33% 14% 15 14% 15 15 1 15% 15 V 15 V 4 15 Vb 15 Vb 44 16% Jan 14 13. 16 Apr 15 17 Mar 28 15% May 29 39% F 6 12 Nov 26 39 % July 16 14% Jan 9 1% May 15 51% Mar 13 45' Mar 12 49% Jun Jan 23 17 49% Jan Jan 3 89 Jun 4 101% Jan 90% Jun 21 101V* Jan 31 18% Dec 28 23 88 19 104 103% Jan 4 83 July 1 Corp— 5 —10 109 Inc 1 Consumers Power Co com No par $4.50 preferred No par $4.52 preferred :—No par $4.16 preferred L l No par 22 r 82% Dec Laundries Consolidated Natural Gas '• Consol RR of Cuba 6'r> pfd {Consolidated Retail Stores 22 1 Consolidated 14 112; 109% Feb Corp Consolidated Gas Utilities , 14 3Vb Jan 58 93% Mar 27 2 99 3Y 15?t 46 *15?b 41 V4 41 46 31 91 93% 92 Va 921 *82 Vb 39% 15 14% 15 Vt 15 Vt 46 40% 40 a 84 Va *15?t 15% 45% ' "a 2% 2 Va 2 Va x45'b 46 Vb 45 Vb 45 Tb 91 92 Va 99 Dec Sep 18 17% Jun Jan 11 85 Jun 24 36% Jan • 18 29% Jan 2 • 7 Dec 31 106% Jan 20 99% Jan 2 39% Feb 10 3 42% Feb 11 83 Dec 27 56% Aug 102% Mar 111% Dec 12 117% Nov 5 For fnofrmtes nsee 5 ;?6. 80% July 19 108% Jan 18 20% Apr 94 9 Apr 24 333/4 May 105 48 3 Mar 29 Jan 92V4 Feb 118 4 15 Mar 12 * Common 5 4% preferred 100 Continental Baking Co common—5 !*% *87 31 % $5.50 preferred ; No par Continental Can Inc common 10 100 No par *81 100 111 $3.75 preferred $4.50 conv 2nd preferred 45% 10 32 100''4 98% 50 31 5,300 32 % 32 Vb 3,600 14% 14% 14% 3,200 15 Vb 15% 15 Vb 1,600 15% *15?t 400 16 45 Vb 45 % 45 45 Vb 41 Vb 40 40 2% Vb 2 700 2 2 Vb 6,800 45?b 45% 8,500 45?t 8,000 91% 92 % 92 Vb 91 92 520 93% *921'a 93 ?t *92 Vb 93% *92 Vb 93% 250 83 *82 Va 84 Va *82 Vb 84% *82% 84 Vb 19?b 19% Vb 19% 83 19Tb *87 90 31% 32 101 *100 *87. 31% *100 463a 45% 4614 45?8 82 Va 80 3 80% *80% 111 2,700 98% 48% *92% Va 90 1,700 32% *39 Vb 45 3,400 50 Tb Vb 15?b - 1,600 2,800 ;. 99? a 99 99?'t /'"'b 2% 46 46% . 15% 46'A 3914 16 46 a 99% *91 Vb Container Corp of America— 28% Nov 28 500 400 8 % 13% 3 Jun 6,500 13 Vb 19 , 12,300 12 Va 23 21 joU *5 Vb Jan 14% Feb *8Vt 8% o, Millfe Corp 1 10 Congoleum-Nairn Inc— No par Consolidated Cigar Corp —1 Consolidated Coppermines" Corp___5 10 Dec. 154 18 46% 29'A 29 54% Jun 45% Jan 140 46 29% 47 Vt 29 1 107 4,700 75 47 29 % 46Tb 1 25 47% e<T\ 75 74 Vt 46% 74?4 *74 87% July 41% Jun 3,200 *8 Vt Cone Dec - *74 74% 5,700 29,400 20 lb Comptometer Corp 5 Nast Publishing Co_—No par 7 17 74% 20,300 Conde 17 14% Jan 15 34% Jan : a 42% May OctTT 15% Dec 4% Apr 12% Jun Solvents : — 1 Commonwealth Edison Co com—25 "• '4.64% cumulative preferred—100 Commercial 11 14 10 Commercial Credit CO— 10% Apr 22 4% Nov 27 " 52% May 14 15 16% Dec 4 31 >/* Mar 18 . 13% Dec Dec 14 JU.,h 48% Jan 27% Jun 25 21% Mar 20 100 Columbia Gas System Inc No par Columbia Pictures common 5 $4.25 preferred No par Columbian Carbon Co No par Columbus & Southern Ohio Elec—5 Combustion Engineering Inc —J « " Jan 16% Nov 21 20 8 Broadcasting System— Class. A Class B . 12 54 Jan 20 % Jun 1 28% Nov 1 18- * Col ombia 4 *110% 112 110% 19 90 *87 31?i "31 101 19 *87 90 lb 100 3 31% * 100 46'b 45% 32 82 110% *108% 111 lb 10 12,800 90 31 Vb 100 1,900 100 45% 46' 82 lib J9 19 * 45% 80% 80?t 10,000 2O0 109% 109% 600 17 The Commercial 18 and Financial Chronicle... (330) Monday, July 22, 1957 NEW YORK STOCK EXCHANCE STOCK RECORD fUUge tor STOCKS frevioM Ran it Year J DM Lowest Lowest Highest 12% Feb 22 Jun 12 10 14 16% Oct 22% Feb 15 26% Oct 19 22 Feb Sep 20 Apr 9 45 Jan 2 5% Dec 0 9% Jan 11 6 Jan 2 Continental Copper & Industries common 7 26% Jan 7 54% May 3 convertible b'o Tuesday.. July 15 Wednesday July 17 July 16 Sales far Thursday • the Week Friday July 19 July 18 Shares Steel— 2 12% 12% 12% 12% 12% 25 12% 12% 12% 12% Continental Motors 233% 23 % 23% 2314 23% 23 Va 23% 23% 2314 *23% 52 52% 51 51% 50% 513/4 50% 50% 48% 1 ; 8 8 814 814 8% 814 8% Va 814 4,400 12% 5 preferred Continental Insurance 14 Jun 9 Par EXCHANGE 15% Jan 12 45 LOW AND HIGH SALE TRICES Man day NEW YORK STOCK Since Jan. 1 Highest 500 7,500 50 8% 6,600 6814 8 13,400 ■ 54% Feb 27 70 20 Dec 41 45% Nov 1 70% Jun 19 Feb 12 41% Jan 2 32% Jun 34V* Jun 10 37 34 % 15 Mar 20 43% Jan 28% July 19 Continental B Range Co Copper weld Steel Co common 33 Va Dec 14 28 % 26 52 Jau 31 49% May 21 52% Jan 31 b'/e 54% Jan 31 66 Dec 13 59% Feb 15 79% July 11 (></* Dec 6 40% Mar 12 20% Jun 20 27 ¥2 Jan 87% Apr 57 % Feb 13 23 60% Nov 29 5 40% July 11 26 99 Jan 19 81 94% Jun 5 99 Jan 25 84% July 11 27% Jan 20 32% Feb 24 106% July 11 Dec 89 152 % Dec 180% Mar 7 Oct 30 5% Sep 25 20 2% Dec 5 33 Dec Dec 18 28 '/a Oct 22 30% Jan 2% Jan 3 28 % ,Tan 19 Dec 4 14 11% Dec 11 18% Feb 28 7 50 Va Nov 23 35% Feb 23 6914 Apr 3 4 9 % Apr 3 Feb 2 88 Jun 27 16 28 14 Dec Dec 91 104 27 2 31 Jan 23 Va Jun Dec 65 2 21 % Apr 10 26 1414 May 10 7% Jan Jan 84 Va Aug 26 8 7 20 7% Nov 10 10% Jan 28 40 Feb 13 Sep Jun 21% *2114 21 % 21% 2114 21 Va 21 102 Va 9914 100% 98 98% 95%' 98 95% 96 81 82% 84% 84 Va 30% 31 82 148 148 14914 24 . % 24% 23 5 a 24% 5% 5% 5% 214 2% 30 34 3114 *74 214 30% 78 29 14% 14% 14 Va 15 153/fl 15 26 V8 26% 26 Va 27 Va 27% 5 8 % 814 8 $4 4 Prior preferred $1.60 23 49-% NOV 28 383A Feb 33% Feb 14 49% Nov 28 38% Feb 12 47 *58 100 Oct 1 65 NOT 18 51% Mar 29 47% Oct 1 56% Nov 23 49% Feb 12 Feb 24 79% Jan 7 1.700 11,200 78 . . 28% 28% 28% 283,4 14% 14 VA 14% 14% 1,400 15% 15% 15% 15% 10,600 2G% 26% 26% 26% 26% 1,200 57% 58% 58% 58 3 a 8914 89% 89 89% 31% 33% 32% 32% 32% 32% 28% 2814 28% 28% 28% 28% 2812 250 26% 2714 26 26 25 25% 25 25V4 3,000 8% 8% 8% 5,700 59% *28 58 ' 58 7% 7% *30% 31% 12% 1 12% 12%, 8% 12% 8% 58 Va *57% 1,300 . 58% 12,500 330 90 81a 25,600 . 12%, 58% 100 7% 714 7% 7% 7-% 2,800 30% 714 30% *30% 31% *30% 31% 400 1214 10,400 59 *57% 12% 12% 12% 56 *21 57% *89 814 *5614 56% 5614 56% *55% 56% 21% 56 No par ~ 8% *57%, 7% 3114 *21 21 21 21% 21 Va 41% 42% 42 42% 42 1 40% 41% 41 21% 42% 40% 41 Va 40 3/4 42% 42 42 10 63 63 62%, 63% 62% 62% 1 Cutler-Hammer Inc 2% 31% *2% 31 "75 78 .' 714 Class A 2% 31% : 31% common 4,600 15% 29 , 1 Curtis-Wright 11.000 5% 14% *28% 2.50 —No par prior preferred 23% 514 ' r 5 5 2% *75 690 147 23% 31% 2% 78 147 514 *5 20 9.400 31 30% 24 23% 31% 29 31 14714 145 2% • *75 10 13 Vt May 85% 3114 Va 78 29 3/4 22 85 *84 23% 514 5 2'4 31 *28% 593/4 Jun 23% *75 -100 pfd *81 85% 30% 148 148 149 Va 4% 5814 noncum 83 *84 31 30% 34% 6% 80 *81 " 89 RR 100 1.400 16,100 85% *84 30% „ % 83 *81 85% 33% 12 14 2114 57% 18 643/4 Jan 21% 89 17 12 53 79 % 4,900 l 54 *76 58% Cunningham Drug Stores Inc Curtis Publishing common 11 *51% 78% 3414 Cuneo Press Inc Jan 54 *75% 89 2 473/aJan 11 38% *51% 79 3:;% 73/4 Jan 26% Jan 38% 54 *76% 57% 89 of 6 Jun 38% *51% 73 par -No Co 193/4 Jan Nov 38% 39% 54 78 *51% America—12.50 Steel 53% Feb 21 38% 38% 79 Zellerbach Corp common—5 19 20 38% 39% 54 26% 14 9 Va 3 9 19% Dec 6.300 26% 033/4 July 19 6-% Jan 52% Oct 2914 par No preferred Feb 9 29% i5% Cuban-American Sugar Cudahy Packing C'o common 4Va'/e preferred 33% Jan 28 28 30 14% 65% Jan 714 July 11 30 29% 29% Corp (The) $4.20 preferred 2 30% 15 la Crucible Jan 29% 30% 25 Cork & Seal common Crown 11 57% May 10 3 31% Dec May 17 30% 14% $2 Cuba 29 3 4 29% 18 32% Apr 17 30% Apr 25 12,300 30% _2 _1 Crown 5814 July 11 Feb 18 19 1,300 3414 81 J 00 Crescent Corp 10 40% 34% —2.50 17 12 38% Jan 25% Dec 14% May 28 of Wheat Cream Apr 100 23% July 25 13 Jan 7 39% 35% *84 _1 preferred 31% Feb 5 i Crane Co common 16Va Jun 29Va Mar 12 14 29% Jun 16 113/4 Mar 27 67% 40% 34% 100% 1 — . 3 % 'lo 68% 39% 34% 21 1 International Corp Coty Mar 14 67 % 39% *78 —~ 30% Apr 22 86 Dubilier Electric Corp Coty Inc 3 13 Jun 14 % Dec ■ 4 27- 30% Jun 76 Mar 68% 39% 34%» '51% Refining common-10 T/o preferred 100 Cosden Petroleum Corp 1 May 17 6% Jan 2 67% 35% 3914 5 50 -50 products Corn 25 21 4% July 5 z % Feb 27 7 97% Mar 164 July 18 19% Jan 3 May 29 3 42% Mar 20 , 4 79 1 15 5 6% Jan 2 32% Apr 24 68 40% 34% 30% Corning Glass Works common——5 3 % c/o preferred 100 3%% preferred series of 1947_100 3 Jan 96% May 11 Feb 23% Aug 27 89 July 15 66% 40 35% 66% *39% _5 —5 convertible preferred—, convertible preferred Cornell 14 67% 40% 35 5 :—.14 Cooper 24% Jan 23 11 Delaware Corp Coo per-Bessemer Corp new__ 49% Apr Feb of Oil Continental Steel May 15 60 *79 82 *79 82 *79 11 11 11 11 1214 400 56% 56% *21 400 41% 42% 42,300 42 41% 42 1,400 63 *6214 21% 62 62% 1.200 59 3,300 D 61 21 96 31 17% Mar 19 4% July 16 6% May 21 17% May 21 30% Dec 3 12% Jan 25 27 22 May 16 44% Jan 24 Jan 5 18 29% Jan 9 13 3 4514 July 61 10% Davega Stores Corp common___2.50 b'/o convertible preferred 20 6% Feb 27 8 Mills 100 5 *12% 10 common__7 48%. 46% 44 River Daystrom Inc Dayton Power 49Va Apr 15 59% 13 Dan 13% Apr 2 43% Feb Corp common 3%% preferred series A 1 12% Jan 10% Feb 12 12% Dec Dana 86% Mar Dec 11% Dec 79 July 12 Inc Light & 514 5 14 6014 59% 59% 59% 59% *79 82 56 Va *79 82 11% 10% 11 Va 82 11 % 10% *514 5% *5% 5% *5% 5% *12% 12% *12% 12% *12% 12% *12% 43% 43% 43 y8 43% 42% 42% 46% 46% 46 46 Va 43 44 46% 46% 6,700 12% 46% *5 5% 50 Nov 10 46% 46% 76% Dec 19 96 Jan 4 75 Va May 31 86 Mar 4 Preferred 3.75% series 100 *76 78% *76 78% *76 79 78 78 *78 80 83 Sep 27 95% Mar 0 75 July 1 86 Feb 27 Preferred 3.75% series B—_100 *76 79 *76 79 *75 79 *75 79 *74 78 81 Dec 12 99 Feb Jun 19 88 Apr *76% 78 *76% 79 *76% 78 *76% 78 *76% 78% 20% Jun 12"% Dec 8 29 Sep 25 2u % Apr 21 Va 21 % 18 16% Mar 12 13% Jan 2 25% Oct 8 34% Jau 3 27% Feb 11 5 35% Feb 0 26% jun 18 100 5,700 27% Dec 75 1 31% May 18 20% Feb 13 18% Sep 10 36% Jun 8 25% Apr 16 Jun 28 25 27 21% 1714 21% 21% 21% 50c 17% 1714 17 % 16% 17 Va 16 % 17 Va 16% 1714 15,900 i—10 20 29Va *2714 29% 29% 30 29% 29% 29% 30% 29% 2914 21,700 3,600 2714 5 Delaware & Hudson No par Delaware Lack & Western 50 Delaware Power & Light Co—13.50 Delta Air Lines Inc 3 Denv & Rio Grande West RR_No par Detroit Edison — -20 Detroit Hillsdale & SWRR Co__100 Detroit Steel Carp 1 De Vilbiss Co 15 Devoe & Raynolds class A 2 Diamond Alkali Co 10 Diamond Match common 1 $1.50 cumulative preferred 25 Diamond T Motor Car Co —-2 Diana Stores Corp. —50c Distillers Corp-Seagrams Ltd 2 Divco-Wayne Corp -_1 9 Dobeckmun Co (The). 6 1 28% Apr 25 25% Jan 7 47 33% Jun July 20 41 Va Feb 18 51% May 15 26% Anr 18 48 Jan~23 May* 14 38% Feb 11 4814 July 17 37% Jan 2 41% May 21 38% Dec 25 14 7 79 Jan 26 61 % Jan 11 9 24% Dec 18 15% May 7 26% Feb 9 64 43 % Dec 12 37 40 32 Apr 11 43% Jan 31 20 35 May 1 4814 July 5 31% May 13 Dec Jan 21 31% Nov 23 60% Aug 13 44% Apr 5 31% Nov 27 35% Jan 17 29% Jun 17 % Jun 15 23 Va Oct 19 13% Jan 3 20% Feb 21 13%, Apr 25 29'4 July 1 16% Feb 23 39% Mar 29% Nov 29 9 0 9% Apr 16% Dec 26 39% Apr 10 13 Dec 7 23 72% May 28 58% Dec 3 67 Jan 10 71 5914 July Jan 3 31 57% Jan 2 39 37% Mar 13 14 34 v2 Jan 14 1314 July 49 July 14% Jun 12 2 % July 15 Jan 14 91 18% July 12 56% Mar 28 16% Nov 23 21% Feb 10% Jun 14 6% Oct 1 12% May 23 11% Jan 17 3 2414 Jan 29 Dover 17 Dow 12 57% May 13 171/4 Jan 10% Jun 82% July 8 50% Dec 31 68% Jun 42% Feb 44% Nov 20 2 12 1914 May 7 Va Mar Jan 12 1 Corp 9 175% Nov 29 237 176% Mar 1 206 July 16 Mar 27 Preferred $4.50 series 99 Jun 3 79 July 17 89% Feb 1 33 Jan 20 34 Jun 24 3714 Apr 2 39 Dec 28 38% July 12 50 Feb 27 37 Jun 25 45 Jan 25 44 Dec 11 53% Mar 6 43%. Jan 3 43 Dec 18 52% Jan 13 40% Jun 27 46 Dec 6 54 29 42 July 3 44% Dec 19 52% Jan 12 40 July 2 48% Jan 29 Feb 24 41 Julv 1 50 Jan 22 17% Jan 11 1414 July 16 16% Jan 10 4% ' preferred ' 4.20% preferred 4.10% preferred $2.10 preferred DWG Cigar Corp 0 38% Jun 11 Eagle-Picher Co 353/4 Apr 2 261/4 May 10 303/4 Mar 13 47% Jan 51% Jan 4 Eastern Airlines 30 Va Apr 3 Eastern 42% July 15 Eastern Gas 14 5 36 Va Feb 17 43 Va Feb 14 57 Va Aug 8 26 Va Nov 28 37 V* Apr 19 54 .Jan 24 *Jan 31 27 2714 27% 27% 27% 1,700 16 % 16% 16% 16% 4,200 47% 47% 47% 47% 48 4714 47 % 47 Va 47% 25% 25 25 % 24% 25 24% 25 23 Va 24 % 4,100 47-% 40% 4714 40Va 47% 47% 48 'A 47% 4814 47% 4814 18,500 40% 40 Va 40% 4oy* 40% 40% 40 Va 6,900 17% 9,500 64 *60 64 17% 53% *35% 53% 32% *30% 1814 53% 17% *52 17% 53 *51% 52% 50% 52 *51 52 39% *35% 39% *35% 39% *35% 39% *35% 39% 54% 53% 54% 53% 53% 53% 53% 32% 32% *3014 30% *60 64 17 Va *60 17% 64 17 Va 17 33T4~ 32% 32% 32 % 32% 31 25 25 - 3,200 30% 30% 3014 3014 25 25 25 25 •-24% 25 14% 14% 14 Vn 14% •>14% *60 3/4 1414 2914 13 14%. 29% V 29 % 29% 29% 29% 1314 13 13% 12% 13 46% 47% 46% 46% 64 17 52 32% 1,000 53 32% 8,500 5,800 • *30 % 31 24% 25 1414 14 1414 2,600 ' 500 -4,400 . 29% 29 Va 29% 29'% 2,300 xl2% 12% 12% 12% 3,300 8,100 47 46 3 i 46 Va 46 % 44% 45% 10 10 1014 10% 10% lOVa 10% 10% *10 la 1014 1314 1314 1314 1314 13 Va 1314 13% 13 % 13 Va 1314 4,100 7114 - 73% 72 73% 72 73% 72% 73% 72 74% 32,800 500 19 1914 1914 19 Va 19 19 Va 19% 19% 19% 1914 3,200 65 Va 6614 64 % 6514 64% 64% 63% 64% 62 % 63% 26,300 54% i«% 54% 52 53% 51 % 52% 51% 52 Va 5214 52% 16,500 ig% ia% 18% 18% 18% 10% 10% 814 814 10% 8% f10% 8% 200% 203 102% 10314 201% 206 1993i 103 103% Corp NOV 14% Jun 47 50 27% 27% 16% *00 5 18% * 11 18% 10% 11 8% 8Va 8 18% * 8% 18% 10% 11 8% 900 800 8% Duquesne Light Co common $3.75 preferred $4.15 preferred . 200% 203 20014 7;i>t<0 202% 102% 102% 102% 102 102 79% *79% 80 79 7914 31% 39% 10 50 201 102 7914 No par No par Preferred $3.50 series 49% Jan 29 27 14 27% 16% 1 Common 110 0 99% Jan 49 27% 27% 17 Va 10% 27 Apr 121% Feb Feb 27 "2 28 (E I) & Co— 26 8 28 27% 16% 4714 4014 No par 83% Dec 102% Dec 28 *27% 27% 17 24% . 2814 5 Duplan Corp du Pont de Nem 3,900 4714 Dunhill International 15 21% 21 % 21% 50c _l - Chemiqql Co Dresser Industries Drewrys Limited USA Inc 914 May 27 21% 16% 1 No par No par No par Dr Pepper Co Dome Mines Ltd Douglas Aircraft Co 1114 Jan 14 July 15 12 % Jar. 2 15% Jan 3 10 9 Apr 16% Mar 21 95% Sep 14 23% DOC 21 12% Nov 29 23 65 3,4 Mar 29 25% Jun 5 17 2414 May 13% Aug 27 May 25 13 Jan 22% Jan Nov 14 Yb Feb 10 Deere & Co common— 7% preferred 3 11 20 Va Jun 38% 1,700 * 100 __50c 18% Jun 32% May 31% Feb 26% May 28 • Preferred 3.90% series C Dayton Rubber Co Decca Records Inc 5 23% Jan 10 A 35 Va 39% 48% 34% 35 34% 35 *3814 40 *38% 40 48 *47 % 50 *47 -50 -50 • *'43 — r 41Vi 4114. * '45 -50 50 47 46% *47 41% 41% * 43 7934 800 34% 35 34% 34% *38% 40 *38 Va 10,600 '50 45 *44 - 48 *4714 48 *41 »/4 413/4 f44:w 41% 45 46 r 46 40 47 47 v» 4114 ',-44 45 *43 45 *44% 14% 47% *44% 47% *44% 47% *44% 47 Va 5 14% 14% 14% 14% 14% *14V4 14% 70 '900 41% —10 3914 39% 39% 39% 3934 40 39% 39% —1 41% 41 la 40 Va 41% 40% 41>/a 40 % 41 10 2634 27 26% 26% *26 V4 263/4 26% com—10 41% 42 Va 40 41% 4014 41 J/4 77 76% 77 75 Va 75% - 14% 1 — 1,500 79% ' 47 44 41% 22,800 80 *79 44 44 130 44 *43 300 45 ' 14% 800 39% 39% 2,700 3914 40% 2614 26V4 40 J/2 40 40% 76 J/2 7 6 J/2 76% 440 E 48% Deo 27 74% Jun 29 Va Jan 23 753/4 Jan 23 150 Dec 18 54% Dec 17 1003/4 July 17 Apr 12 170 28 41% Feb SI3/, Feb 149 Jun 13 158 Va Feb 14 66 Oct 29 53 May 29 30 Jan 3 23 Va Mar 21 74 17 94 Jan 10 Jan 3 Deo 16% Jan 15 30 32% NOV 29 23/4 Nov 28 32% Dec 11 14 Dee 27 50 106 May 10 75 32 V4 86 July 17 July 10 40 Jan 16 91 Apr 8 6 21% Dec 18 41% Jan 0 4% Jan 3 30% Feb 11 3% Jan 2 34 31 Nov 20 Jun 27% May 8 81% Apr 11 Jun 18% Mar Feb Eastern Eastman 28 64V4 Jan 23 30 Nov 1 18 115 51% Jan 35% Nov 26 60% July 13 1 8 27% July 3 40% Apr 25 4% July 35% Mar 6 c/o & Fuel Assn 100 prior preferred 4%% 5 14 22 V* Nov 90 813/4 Mar Inc Stainless Steel Kodak Co 5 76 57% _10 111% Corp common preferred " —100 *150 58% 57% 112% 11114 112 152 150 152 58% 57 J/2 58 Vs 8,200 110 111% 110 »/2 111% 9,400 150 150 151% 151 J/2 *150 2 55 34 56 % 55V2 56 14 55% 55% 55% 56 »/2 55 56 26% 2,500 27Va 26% 26% 26% 263% 263% 27 2614 27 4,000 4%% 100 preferred Ekco Products Co common preferred Elastic Stop Nut Co 4%% Electric Auto-Lite 2.50 100 1 - (The) 3 Electric & Mus Ind Amer 1 Electric Storage 5 shares— Battery 10 *75 78%*/ *75 33% 32% *80% 2414 39% 90 24% 40% 414 4% 33 *80% 32% 78% 33% 90 75 75 33% *8018 24% 24% 24 393/a 403/a 39% 414 414 33 32% 32% 1114 33'/a 90 24 24 38% 39% 33,400 414 4% 414 II,000 32% 32% 32% 32% 31% 15 11% 11% 10% 11 10 36 36% 36 36 Ve 35 35% 48Va 48% 48% 48V4 483/4 65 29% Deo 27 31% Deo 28 conv 2nd preferred El Paso Natural Gas 25% OcTST 5% Dec 31 19% D«0 20 31% Oct 87 I NOV 23 25% Jsn 11 19% Deo 81 303/4 SepTa 131/4 Jan 9 21% Nov 27 34% Mar 8 183/4 July 2 32% Jun 21 98 80 Jan 9 32% Aug 9 23% Mar 29 70 Deo 7 86 Feb 58 Deo 12 71 July 19 For footnotes see 2 page 2G. 5% Mar Jun 8 28 27% Jan 2 173/4 Jun 27 71% Jan 3 56 July 3 9 8 8 May 20 6% Jan 14 34 4114 39% 28 Va 6% 62 43 Va 42% 29 6% *60% 3 6 Vs 3 Class B -4 Emerson Electric Mfg Co Emerson Radio & Phonograph 5 36 38% 36% 38 V4 36% 28% 28% 293/a 28% 6% 6V4 18% 18% 18% 18% 33% 33% 33% 29 Va 20% Jan 7 Erie RR common No par 18% 18% 18% 18% 18% Feb 1 —.100 50 *56 % ; 5% preferred series A— Erie & Pittsburgh RR Co . 73Va 74% 59 120,200 28% 29% Feb 28 39% 614 29% , 60 38% 29% 29% 77 5914 39 % 29 75 *56% *8114 75 76% .59 *56% 6 38 Va 61,700 2,800 6% 8,500 19% *19 19 Va 800 83 *81V4 83 18% 76% 29% 18% 18% 75% 75% '*5634 680 1,300 29 Va 33% 59 ' 6 33% 29% 49% 6y8 *18% *33% 29% 3.800 4,700 59 V4 60% 39% 83 ■ 37% 36% *81 % 10% 35 Va 58 593/4 41 29% 62 10% 35 2,900 • *48% 61% 89% Jan 14 32% Apr 30 35% Apr 10 34 Va 39% 19 33 Ye 82 7 10% 32 1,700 49 Va 38% 18% 33 Va 80 Jan 10% 34 *48% 37% Empire District Electric Co 10 Endicott Johnson Corp common 25 4% preferred —100 Equitable Gas Co -8.50 21 5,100 39% Elliott May 443/a July 43 Va July 50 33% 24% Elgin National Watch Co 48 % *6014 78 88 4% 14% Jan 31 50 50 *8014 *75 39% 38% May 9 52% May 10 common 333/8 90 24% 10% July 18 Co 34 4J/a 47 preferred 75 40 2414 39% 30% Feb 5% b% 75 33% *8018 152 J/4 4 50 29% Jan 15 28Va Feb 13 27% Apr 9 57% Edison Bros Stores Inc common—1 Eaton Manufacturing Co Apr 12 44% Feb 10 1 53% Mar 14 I,300 r8,6p0 57% 21% Jan 20 6 9,300 , 1113/8 47 July ♦76 • 57% 11 Jan 30 • *26% 40% 109% 58% 17% Mar 20 34% Deo 18 57% Dec IS * 59 33% *81 % 29 18% 74% *5634 33% 83 800 j 50 / 2914 3.900 18% 5,300 74 Va 170 59 Number 5657 ...The Commercial and Financial Chronicle VolumeJ.86 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous Year 1936 Lowest 4 15% Jan 20 29% July 17 20 Mar 23 Highest 20% July 8 14% Feb 5 1 59% Dec 26 10% Dec 7 15% Jan 3 107-a Sep 26 15% Dec 28 43 Jun 13 16 Jan 11 22 7a Jan 22 7 67% Jun 12 67% Jun 44Ya Feb 11 64% July 10 7% Jan 14 53% Dec 5% Dec 17 7% Jun 7 14% Dec 27 55 27 25% Mar 75% Mar Dec 57a July 8 13 % Feb 12 517i Feb 24% Dec 29% Feb 1 36% May 18% Dec 4 21% Sep 18 14 Fpb 1 3 12 16% Apr 23 61% May 13 14 36 41% Aug 17 13% Feb 23 30% Dec 26 16 15 6 2 5 17 17 16 11 Jan 12% Jan 24 177b July 25 7-4 Jun 20 10 65 11% Julv 19 15% Apr 12 Apr Feb 31% Jan 8 10 20 68% Sep 43% Jan % July 9 7b Jun 15% Nov 15 21% Oct Oct Apr 30 18 51% Apr 46%July R 18% Ma r 12 36% May 14 20% Jan 31 27% Jan 21 37% Mar 14 25% Jun 32 18% July 16 7 10 34% Jun 11 28 18 Eeb 11 17 25 Aug 14 26% Nov 29 31% May 397a Mar 23 26% Apr 2a 31% Jan 10 29% Nov 29 43 2774 May 08 Feb 3a 100 Oct par Evans Products Co Eversharp Ex-Cello c "" Inc ZZZZZ~Z" Corp 1 44% Nov 29 26% May 135 23 1 May May 1 l Mar 26 61 Feb 20 9 » 7 30% Feb 23 23% July 91% Jun 27 64 Nov 63 Feb 10 105 57 47% Jan 1 19 £3 16% 15% 167u 42 ""3 21 167i 42% 417a 41% Jun Jun Jan Falstaff Brewing i?rl TJo«' 4674 *44% 4674 4474 May 2 D 2 Jan *44 Deo 21 10% Jan 3 33% Nov 29 £3 Dec 12 27 Dec 26 83% Mar 18 106% Jan 16 101Va May 14 47 Mar la 98 61 Jan 3 12% Feb 27 41 Feb 90% July 21% Mar 12 -54% Aug 14 36% Feb 13 '50% Aug 2 62 Apr 18 102% Mar 9 Dec 13 63% Dec 10 Feb Feb 82 77 13 159 Nov 30 109 13 100 , July 11 r 21 16 1674 1674 41% 4474 •44 Friday the Week July li> 41 21 Shares 21 '/„ 21 y8 217a lu-/« ltJ'/B 1672 b.yuo 4U*/2 41% 11,000 4474 4474 5.6c0 41% Apr Feb 21 10 a 59% Jun 13 3 11 *3% Jan Jan 11 83 Feb 12 Feb 4 84% Jan 3 20% Oct 24 9 14% Jan 59% May 111 63% Mar 217% Jan 4 18 56 16% Dec 27 94 2 88 5 *1% May 28' . 467a Julv 63 6 " Mar 12 % Jan 49% Feb 19 44% Jan 18 < 16 Apr 25 6574 May 15 134 May 15 3 82 May 14 617a July 16 July 17 54% Jan 2 64 5% 1 *56 4374 4474 437a 4,7i 43 23% 2374 2374 2374 23% 237a 237a 5,500 3374 337a 33 74 38 33a 2,200 preferred— 25 Stores, ~2 00 3374 19% 19 7a 18% 19 19 19 1974 1974 *19 19 74 2,100 3274 32 7e 27^4 *277a 22 Dec 11 38% Apr 23 17% Jun 79% Oct 4 94 65% Jun 25 Mar 29 2,500 3174 Phenix Fire Ins NY 32 3274 32 7a 3274 33 27% *2674 Va 2774 2774 500 27% 2774 277* 277 a •2674 277a 2674 27 2674 26% 267a 26% 2,500 30% 1 PaPer Prod com—No par conv Preferred, 100 3174 30% 3174 3074 3174 3074 317k 30 30;% 11,500 IO474 10474 ♦10474 107 5574 56 55 5674 5474 2474 2474 247a 2174 5974 61 597a 60 74 13,400 99 9974 9974 9974 5,900 •102 10274 10174 *103 5 - 32 107 5574 56'4 55% 56 24% a/z' c°>eh 24% 2474 24% *102 "par 60 *2474 597 a 6074 5974 10074 9974 •1047a 6174 997a (The) common 10074 £ 1 107 104% Florida Power Corp ZZZZZ pfd Po.?d Machinery 3%% Foote preferred 24 123 .. 24 July 11 1674 Jan 8 247a Jan 60 8 Jan 14 4o7a 9% *9% 974 97a 974 974 9% 7,000 10474 30 5474 - 7,400 247o 2,500 4674 4574 '45 7a 93 *90 45 7a 4674 9174 91 91 12% 1274 12% 12% 56% 567* 56% 5674 52 74 53 3974 39% 40 74 53 *90 93 63% 132 •90 63 6474 *88% 132 131 5674 7, Froedtert Corp.., Fruehauf Trailer Co 4% preferred 1474 12 Va 1 *130 9,100 93 10 1,600 57 57 5774 4,400 39% *130 138 4574 127« 52 74 6374 2,600 51% 52 3974 98 39% *90 63% 6374 6,500 138 220 90 *8874 887a "88% 90 90 50 56 5874 5674 5874 57 577a 5874 5774 587a 5774 58 »4 5774 56 9,200 68,200 16% • 16 74 1674 16% 1674 167a 1674 16% 1674 13,500 5774 5974 58 607k 5874 60 7 a 5974 6074 24,700 15% 1474 1474 14% 147a 14 1474 1374 14 2,900 1174 1,300 12 118% 1174 . 1174 1174 119 121 11974 *16 1674 1674 1674 1874 6974 70 1157a 117a 117 7,100 70 1674 16 74 >1674 *16 Vn 1074 400 19 1874 18% 187a 187a 53,900 69 74 1974 74 •12 118%. 1874 1674 1974 *1174 * 116 1174 117 116 17% - 4,500 64 '130 138 16,500 93 6174 69 common_ZZ~Zi 64 2,000 974 6174 60 paf ZZI 6374 n 12% 397a *90 20 48 12% 517. 5274 397a 93 ' 5774 577a 16% ?fi Freeport sulphur Co, •5674 48 59 Moior co_, ' 57 • 3974 132 12% 12% 5274 9074 •90 93 *90 6474 74 4574 4574 457. *90 93 *8674 9074 1 CorpZ 102 974 100 Co Foremost Dairies Inc 3 4874 i0o preferred Mineral 4874 38% 15 CorpZZYo & Chem convertible 4874 5674 52% 1 of '51 ser 103 48 74 127'a 71- common cum *102 103 4874 *90 Wnnrid£ <POoVer & lnc •Llght CoIlNopar Store3 $4.20 div *102 48% 45% No nar ---wo par- Co 103 9% 5 $4 preferred Florence Stove 100% 48 Ijrth (Tim) carpet CoZZZZZZ—S Flbukote Co i-ord 29 99% C°m—6if0 First National Stores 18% Apr 15% Jun 18 Jan 33 74 43 7-4 27 _ III— Corp Francisco Sugar Co,_,Z~Z"""No~nar Franklin stores Corp 16% Mar 22 3,900 12,600 59 44 Foster-Wheeler 97% Mar 20 57a 157a *56 34 8 9 V3 33% 3 July 18 5% 14% .6 74 15 *55 2374 67% July Feb 1474 157a 60 *55 6,200 44 17% May 127a Jan 14 67o 674 6 1474 157 a 10,100 43% 2 86 637a 63 33% 11 78 t 04 24 11% Jan 13% Mar 12 63 2,300 43% 117i Apr 13% Nov 28 63 a 71 3374 Co 35% Feb 13 8% Feb 24 111* Dec 31 167 25 *67 62 59 12,000 1,100 1174 1674 71 2474 600 10 2474 2a ♦66 67a 14% *55 16 % 25 71 24% 6474 6 1574 60 1174 •1674 1674 1674 974 11-/4 *66 70 63 74 6 74 15 50 1674 257a 107a 23 7* 59% Mar 19 12 Feb 16% 24% *65 4474 974 11% 1074 12 com_I_Il5 paper,Board cumulative Fidelity 24% u 62 % Federated Depfc Fenestra Inc Ferro 16% 24 7 Bearings 5 Pacific Electric Co Z~Zl 4.60.0 *1174 5 Bower 4snc' 9% 11% 70 Corp ,pfd 1953 series, Mogul Federal 1074 11% 16% ™nv Fedeial 10 11% *65 commoiiZZZ" corp 1074 50 Fanvick Corp Fedders-Quigan 7a 11% 1 B 8 51% Jan 23 21 Jun Feb 35% Feb •« 6 July 106 9% July 18 •34% Feb 12 105% Mar 14 Nov 23 51 2174 417a 217a Sales for Thursday July is 100% July 15 . 7 41% Feb 16 41 2174 10 1 common,, Metallurgical July 12 60 CorpZZII Nuance Corp p.referred series «■ Fansteel 14 29% Jan 0 10 Fairbanks Morse & Co— No nar Fairchild Engine & Airplane "corp 1 Fajardo Sugar Co 59% 101% Nov 14 47 Wednesday July 17 July 1G 21 "? ~ Tuesday ' July 15 F 38 7'a May 10 LOW AND HIGH SALE PRICES Monday exchange 26 407a July 19 31 stocks new york stock Range Since Jan. 1 Lowest Highest 20% Dec 70 6974 6974 6874 6874 190 974 2,100 o 6% Dec 14 9% Jun 9% Jan 6% Feb 3 8 11V4 July ly 41% Dec 26 497a July 20 32% July 31 25% Feb 9 30% Sep 28 23 Jan 23 6 Jan 4 31 Jan 9 14% Dec 12 3% Jan 4 33% Jan 27 25% Jan 3 99% Sep 24 43 Dec 28 10 45 Apr 29 9% July 17 July 16 16% Aug 13 31% July 16 5% July 6% July 51 106% Mar 2 90% July 5 14 5% Jan 9 26% Jan 30% Nov 19 2 8% Jan 4 Jan 1 61 Jan 36% Jan 15 15% Feb 19 30 4% Apr 5 31 Dec 54 2 147k Jan 8 46% Jun 28 38% July 17 ^9 9 10 Apr 11 36% Jan 12 13 Jun 10% Apr 11 36% Feb 6 54% Dec 4 9% July 18 42% Feb 59 2 Jun 6 37% July 12 101 60% Oct 9 1 May 22 125 Dec 17 Jail 25 37 May 20 47% Jun 12 31 72 Jan 23 88 10% Aug 30 9 Jan 10 128 % Jan 17 73% Dec 142 Jan 26 22% Dec 28 347a Mar 13 24% Jan 23 41% Nov 23 80% Dec 13 97% Feb 13 30% Jun 12 Oct 25 17% Jan 3 13% Dec 27 11 Dec 40 7 13% Jan -July 35 .Mar 11% Jun 5 1 6 79 • 463% May 24 86 8 6 July 12 7a Jan 13 54% Jan 21 657a Aug 2 62% Feb S 17 Jun 11 19 43 Oct X 6% Dec 31 61- May 108% Dec 40 % 110 9 11 May 23 Dec 31 85 Dec 27 31 Feb 1 50% Feb 10 34% Oct 23 31 Nov 28 Feb 6% Feb 12 73'/a Dec 18 57% Jun 25 122'/a Mar 1 16 17 8 V* Jan 79 Jun Jun 4 115 20 Jan 30 91% Feb 1 2 40 Apr 12 21 418 Jan 4 757WuIy 17 60 537'a Feb 24 36% Feb 23 35% Aug 24 29 % Jun Jan 4774 July 12 34% May 17 12 24 4% Feb ~5% Aug20 Jan 47 74 July 16 1157a Jan 24 20 33% Jan 3 11 69 38% Feb 25 102 101% Mar 15 37% Apr 49% July 18 102% Jun 28 49% Mar 20 124% Feb July 15 19% May 15 12 40 51% Jun 4 % Dec 34 72 15% Feb 27 Apr 26 50% July 23 1074i Mar 20 22 25 % July 8 68% Apr 12 1 59% Dec 5 Apr 24 14% Jan 22 1 £2% Jan 23 Mar 43 .. 21 107a July 20 45% Oct 107a July 12 135 Apr 30 267a Jan 11 22% Jun 27 J 347a Feb May 16 la 57% July 15 574 Jun 13 " May 25 387a Mar 28 Nov 19 34 14% Feb 9 - 29 34% Jail 4 24% Nev 29 22% Oct 29 2 Jan 23 Dec 28 18% Dec 7 53% Dec 19 29% July 18 36 Nov 7 46 34% Mar 12 3974 May 22 27 „ Mar 8 Feb 13 34 July ID 1874 July 3 50% Jan 10 24% Feb 0 27% Mar 19 16% Mar 18 42 32 Jun 27 21% Jun 6 4574 May 3074 Mar 55 y4 Jan 7 98 74 90 May 17 102 .96 Nov 27 121'/a Apr 5 867a Sep 12 75% Nov 28 Oct 16 2 7 Jan 23 107 July 17 Apr 23 108% Jan 7 185 July 27 100 45% Dec 13 8% Oct~3T 37 Vb Sep" 12 527i Sep 18 9% Jan 12 3 54% Aug 23 23% Jun 8 317. Nov 90 6 Dec 153 Mar 14 66- Oct 60 Jan 1 Jan 2 90 Jun 3 Apr 3 05 74 Apr 25 25% Jan 21 7 45 % Jan 24 25 7» Apr 40% Jan 34% Sep 28 3 Sep 14 78 90 25% Nov 27 20 8 Mar 20 23% Jan 22 28% July Apr 18 31% Feb 7 60% Sep 13 2% Feb 14 20% Mar 16 36 Va Aug 60% Dec 24 Nov 19 45 Jan 77 Dec 99 Feb 79 Nov 29 2 1974 Oct 2 1307a Dec 31 707a May 25 25% Nov 20 18% Dec 27 14% Feb 9 797a Dec 27 9 18 3 17 7% May la 41 Vz 48 7a Mar 12 1% Jan 8% July 16 128 Va Jun 7 10 7074 Apr 26% Jan 18 17% May 10 96 Jan 3 187a Feb 14% Jan 79 .Jun 2 84 74 84 84% 84 84 10 *12974 131 ——No par __5 coin,Z_ZZNo~nar preferred 8 2 21 1C0 ,, No par 22 11 4 1 16% Apr 30 89 Feb 13 ; -4174 12 7a 1074 *1074 11 2074 20 5774 57 587a 64,200 70% 72 71 7174 7074 7174 7074 717a 72 49,200 18% 18% 18 74 1874 187a 187a 1874 48 48% 487a 49 487a 49 187a 487a 7 774 67a 7 6% _l 7 774 6274 6274 627a 63% 62 10474 103 46% 4774 4674 105% 10574 105 Va 46% 47% 10574 106 18 7it 600 43 74 - 49 8,300 6% 4974 7 74 7 3,600 62 64 617a 6174 103 63 10374 103 103 . 7174 *18 400 3,300 103 •1027a 102% 530 457 a 46a 159,500 10474 1057a 3,000 46% 47 10474 10574 105 81 81% 81% 8174 8174 8174 8274 8174 .,15 36 74 367-4 36 7* 36% 36% 37 *37 3774 64% 66% 6574 66 6574 36% 6774 3674 1 67 6774 60 677-4 7,800 1 45% 467* 45 45% 44 % 45 44 74 4574 447 a 44% 9,100 *3274 33 3274 3274 557a 54% 55 5474 4% 5 47a No par No par lOc Corp.,Z,_5 •32 56% 474 - 55 56% 56 57% 5 33 •32 34 4% 474 5 5 '8274 5,900 No par 80% *31 * ■ 1,400 1,300 33 100 56% 5,400 5 8,900 3774 37% 3774 37 37% 3674 367/a 3674 36% 9,400 ^0.67 32 3374 32 32% 3274 3274 33 34 7,100 18 18 ' 187a 187 a 1874 1874 3274 1874 32% 10c 1874 1874 1874 10 4774 47% 47 47 -4774 4774 •4674 47 t6 7a 46% 600 1 247a 24 7 4 25 25 Va 25 25 y. 24% 24% 2474 24% 2,000 1 38% 3974 3974 4174 39 40 387a 397a 3774 3 J 7a 20,400 10 4174 41% 4174 4174 41 417a 41 4174 4074 417 a 24,200 10 23% 24 74 24% 24%. 24% 24% 2474 25 25 25 2.50 8974 94 94 97 72 96 98% 957a 97% 9274 9574 68,900 105 *100 105 ♦100 105 •100 176 180 183 185 185 Corp_ZZZ com 100 loo 170% 85 100 *93 ZZ-.I~.10 ZZ„ZZZ_4 common *100 100 1 Co x36% ' 4c/o preferred Gillette (The) Co ZZZZZZ Glmbel Brothers common Z_ 8574 95 • *100 182 18474 *172 183 83 8374 1,800 105 85 74 83 847a 95 85 *93 937a 94 •93 82 74 *93 95 640 8374 830 20 95 3574 3674 35 7a 3674 3574 36 35 35% 3?% 8574 57 57 56% 56 74 ♦55% 57 57 57 56% 57 37% 38 74 36% 3874 3674 3774 3674 377a 36 3674 in *8 74 874 *874 8 74 ♦874 1 4174 4274 4174 4274 417 a 42 277a 2774 "5 105 1,400 8% 24,500 700 84,000 2774 872 *874 8 7a 4174 *874 40 39% 40% 26,009 4,000 28 2774 277» 27»a 84 84 *83 74 84 8374 83% 837-» 84 84 84 jo $4.50 preferred 3674 36% 35% 36% 30 3674 3674 3674 36% 6.100 1 4 74 4% 474 474 36% 4 74 474 4% 4,400 No nar (The) Z IZlOO Co F) *159 161 *159 27% 161 474 *159 47a 161 2774 4 7» 161 *159 7874 79 7874 797. 78% 7874 78 79 5 9274 93 027a 9372 9174 93 92 *159 1 9374 161 79 79 74 6,400 92 9274 9,600 34% 34 347a •33% 34 3374 337a 34 34 5474 55% 5574 56% 5574 567a 56% 577a 56% 57% 16.300 No par 5 1% 1% 174 174 17a 174 1% 1% 174 13,900 Inc Granby Consol M S & P 4 •34 I 874 8% 874 87 a *3 7a 87a 5 3174 32% 32 74 32% 31% 31% 3174 32 317a 3174 4,200 49% 49% 4974 49% 4974 4974 4974 4974 49 49% 8,100 5 3174 31% 3174 3172 3172 3174 3174 3174 31% 3174 4,200 7674 *75% — 100 Stores l *8% *75 8% 76 *757-1 76 6 *75 74 7a 674 6 7a 6 74 6 33 33% 32% 3374 33 33'1 674 874 76 76 6 67a 6 3374 ?3% 3374 25 76'4 76% 7674 7674 76 77% No par 467a 47 4774 4774 4774 4774 47 477 a Sugar com No pstr 100 207-4 207/8 207^ 21 21 217a 21 21 •129 130 Green Bay & Western RR Green (h L) Co Inc 100 Co preferred Greenfield Tap & Die Greyhound Corp (The) 4Va% preferred Corp 800 12.50 (The)— Ry 800 1 Batteries & Co Graham-Paige Motors- 3%% preferred Grayson-Robinson 27 7a ,10 Goodyear Tire & Rubber 7% 500 21 Georgia-Pacific Corp Northern , 1,700 1074 474 % conv preferred $5 preferred 574% cumulative preferred Great Western 100 41% 127a 21 General Telephone Corp Time Corp Co /, 12'A 5674 Great Jan *1074 42 1072 217a 57 VA 47% July 11 21% Jan 11 Jan 10% ♦ 56 No par 78 1274 10374 Signal General Tire & Rubber 4 Va */« preferred Union 127-4 1274 1% series, Castings (W R) 1274 12 107a Corp Gould-National 41, 2074 Advertising (B "r 7974, . 60 • 41% 12% ZNapar Utilities Co . 22 5 ZZZNopar Public Goodrich 86 7a 6,900 5374 General Realty & Utilities,, General Refractories— Co •417a < 1074 Service Getty Oil Co 8074 41 43 74- 4,100 2174 com preferred Products 81 ' ;'43 ; 1,400 10 131 __1 preferred Shoe 7a 41 100 Railway .,*80 4474 2374 5 2274 , • No par Public General - 10 131 • . 57 General Portland Cement Co General Precision Equlpt Corp General 81 40% 10 131 227a :• 2374 44 74 437a 4,000 2272 (Delaware) common $5 preferred Preferred $3.75 General Outdoor General *8074 44 4474 81 ; 447a *8074 4574 10 •1297a 2274 2274 74 59% Corp Corp 2274 140 8,700 ' 22 VA preferred conv 130 22% *40 *1074 974 130 23 * 5,200 36% 57% ZZZZZ General Finance Corp General Foods Corp General Instrument conv 4474 3774 974 10 131 23 12 74 Dynamics Corn, "1 General Electric Co I-ZZZIZZ5 Motors 9% 13072 10 . General General Mills 37 7'a 2 Gt Northern Iron Ore Prop Great Northern Paper Co 30% Apr 21% May 400 6,200 61 84 974 35 74 May 8 85 Jan 14 138 *56 85 18 11 61 8474 15 79% Jan 377. *56 85 67a Apr 149 7a Jan 61 *56 61 r 847a 6 7 *56 57a 917a 3674 Feb 8674 Apr 11 61 700 15 42 24 Feb 574 4174 3174 Jun 40% Feb 25 57 a 36% Granite City Steel Grant (W T) Co common, 20 57a 9074 Grand 69 74 Jun *1474 57a 4374 2 1 1474 574 917a 59% Jan 12 1474 5 74 17,800 33 74 37% 32 74 July 16 5% Mar 12 15 574 5,300 674 4274 11 75% July 12 14% 5% 2,000 3974 3374 C 91% series preferred General Controls Co Grace 32% 3674 10 3 For footnotes see -page 26; 14 32 7'a 9174 6 Yo 57% July 18 2 7a Apr 8 13% Jan S 674 3274 43 VA Jun 108% July 17 21% Oct 30 37 74 Jun 8 39 74 6 67a *317a •1474 3774 25 Va Feb 29% Feb 33% Mar 12 13 39 6 674 3174 14% 917a 46 Aug 10 46% Apr 23% Mar 2 21 July 387a 67a ,-t- 43 1st General 260 1,200 4374 9174 159 % Apr Jan 39% 4374 4474 23 95 7-4 44>/4 42% Goebel Brewing Co, Gold & Stock Telegraph 79% Jun 437a 3874 39% 447a 3174 6% 5% *56 39 74 447a 4572 9174 20 160 7* 447a 377a General Contract Corp common General 3,900 297a 2974 91 4% Apr 4 297a a 3774 2 36 sera Oct 3 Mar 18 29 7a 29 97a 447 4474 General Cigar Co Inc Gerber 29% 9 7'a 91 preferred— $3 97a *42% Transportation__2.50 Baking Co common 5 General $1.60 9% 44% 297a 4374 X00 _ General Bronze Corp General Cable Corp 5% 9% •437a X437* TeicasZZ—5 Amer 3% Jan 27 5o Investors comZ_i preferred General Amer Oil Co of General 25 16 34 G(Zn,el:al American $4.50 Gliddeu Nov 1 6 Zi preferred—, 14 1% Dec 27 572 Nov 29 convertible 91 28% Nov 30 25% Feb 15 3774 Jan 44% Jan 31 15 27 6 3 32 3474 Jun 12 0 4072 32 83% July 17 66 7'2 Feb Feb 40 com 974 97a 437a 9 974 44 "* 2 Acceptance Corp 9 74 7a X9% 9% 29 46 9 163 29 4574 97% Mar 21 70% Feb 10% Dec 62 74 May 8 397a May 29 8% Feb 5 46 74 Mar 20 Dec 29% May 28 9 24 89% Mar 23 34 36% July 387'a Jun 84 23 29 com—~1 cAonvei;tlble Preferred 00 ureneial 9% 97a *43 c General American Indus 4% 974 9% 44 Garrett Corp (The) ,Z_ZZZZZ Gar Wood Industries Inc 6% 9% 9% *43 No oar (The) Gardner-Denver Co 41% Mar 5% Jan 5 50 General Apr 2 34% Oct 22 66% Apr 12 , Inc common, 5% convertible preferred Gamewell Co General Steel 47% Nov £9 39% Feb (The) Gamble-Skogmo 4174 July 16 29% Dec 13 5 Gabriel Co *12974 130 12974 129 130 79 130 74 1,100 20 76 6 4,490 33% 2,900 78 ' 7974 46% 47' 4 12,500 2974 7974. 20% 2,300 12 J . ■ 3,400 129 120 75 74 737a 7374 *72% 75 7374 73 74 1 27% 2772 26% 27% 26% 26% 2674 26% No par 2074 20%' 20% 19% 1974 19% 19% 15% 15% 15% 1574 15% 15% 20,000 80 Va 82% •8074 82% 8074 8074 70 common *73 *20 ■> 3 15 74 15% 15% 157a 100 ♦80% 8272 •8074 827a • » *72 , 26% 0 1 40 75 26% 10% 3,400 U' 400 and Financial Chronicle... The Commercial 20 Monday, July 22, 1957 (332) RECORD NEW YORK STOCK EXCHANGE STOCK Highest 8 35Ts Jan 13 5% Jail 3 9a/8 Nov 26 9 39% Mar 23 28 12 76% Dec 21 83% Jan 23 ' EXCHANGE 90 Dec 17 100 Sep 19 39'/? Dec 17 45% July 25 58% Feb 10 92 Aircraft Corp July 11, ■ 11 Gulf Mobile <fe Ohio RR conr_. .No pur 80% Jan 2 12 152 > 41% Jun 5 98 Apr 74(4 147% 3(1% 100 100 100 29 dividend preferred., $4.40 . $4.44 dividend preferred-; *90 29% 29% 73% *73% 74% 731 74 73% "73% 14412 145% 147 145% 146% 73% ^ % 145% 147% 36% 83 1 36% *82% 35 7« *82% 13,300 87% *88 92 *38% 39 39 39 •78 78% 76 78 *21% 22 *88 90 - 24% Dec 4 20% May 19 Jan 24 27 Sep 87 Jan 24 107 Sep 89% 20% Mar 11 19 18 18 20 42% Mar 29 130 Nov 30 146 Feb 15 128 28% Jan 9 48 % Dec 20 37 39 5% Oct 31 8 32% Dec 13 39 11 45% Jan 15 July 40 Feb 8 Jun 37 23 36 2 3 27% Mar 1 Mar 27 9 • 31% Jun 6% 14% Feb 25 Dec 19 89% Feb 73 Hart Hat 21 4 Oct 5 86% Jan Aug 6 16% Feb 20 23 %Jun 31 July 15 Feb 124 Dec 21 20 Feb 2 May 20 Jan 35 105 24 18% Jan 24% Jan 24 Heinz 1 & 3.65% 16 7% E> 17% Jan 21 10 61 (G W) Powder 11 46% Jun 26 50% Feb 19 27% Feb 12 40% Jim 6 Hertz Co 34% Jun 25 40% Jan 4 Hewitt-Robins 13% NOV 29 20% Mar 19 17% July 16 3 63 26 78 Jan 99 3 80% Feb 25 87 July 19 Jan Jun 17 12 24% Nov 7 19% Feb 12 22% Jan 12% Jan 25 9% Feb 25 10% Jun 20 11 Apr 12 17 2 12% July 11 Hoffman 9% Jun 10 % Feb 29 % Oct 20 11 Holly 31 40% Jan 10 Mar 25 71% Jan 4 39% Jan 10 Hooker Feb 8 $4.25 Feb 20 74% Jun 19 59 40 52% July 17 35% Jan 30 103 % Mar 16 26 4% Nov 23 8% Jan 31 31% July 85 5 14 Jun 22% May'27 29 % Mar 18% July 11 16% 35% Dec 26 40 6 36 Jan 22 24% Sep 25 28% Jan 3 25 Jan 3 Dec 11 96 6 72% Jun 25 75 2 Aug Mar Dec 26 90 102% Jan 10 Dec 83 105 26 41% Jan Feb 28 3 d an 83 Jan Dec 20 *26% Mar 19 9% Jun 6 1% Nov 20 3% Apr 23 11% Apr 23 -1 % Feb 13 5% Feb 11 12 v 1 3 5% Nov 30 12 % Feb 26 Apr 100 48% Mar 22 57% Aug 17 18% Jan 3 15% Nov 29 ». 88 7 Apr 26 15 * • ' 10 99 July 26 66 jun 6 90 Apr 23 July 17 13% jun 3 16% Jan 83% Dec 3 4% Dec 13 27% Dec 91, 13 Jun 18 7 78 Jan 41 % 77 Jun 12 13 4% Feb 25 3 28% Jan 85% Apr . 2 July 6 8 L inc 48 Jan 15 Dec Feb 6 148 Jan 16 13 79 Feb 12 99% Jan 55% Jan Dec 20 24% Mar 13 61% Jan 40% Jun 20 47% Jan 23 83% Dec 13 103 27 % May 28 Feb 6 7 35% Dec 31 5 % May 28 33 Dec 41% July 25 174 6 Feb 28 85 92 17! ii 19% *19 % 19% 19% 19% 29 v* 28% 28% *28% 29 % 200 35% 35% 34% 34% 34% 34 3.» 34.%. 34% 34% 34% •2,500 63 63% 63 63% 68 63% 62% 6.5 62 % 62% 10,300 34% 33 33% 32(4 32 % 31% 32% 15,200 86 86 *33% 85 0 4% May 28 33% Jun 14 July Jan Jan *25% 25% *25 21% 21% 21 21% 37 % *37% 38% *37% 38% 27% 27% 27% 27% 75% *74 '» 75% -*74 *83 91% 88 59% 58 58% 58% 58% 78% 13% 10 13% .= * 27'% 27 27% 15,400 *74 75% 190 83 S3 90 *83 90 *13% 10. .9% (a 3 9% 9% 9%. 9% *9 71% 70 7 a 71% 69% 70 69% 15% 14% 15,, 15 15 147« 500 7,800. .10 9% 3 10 1,900 1,500 *69% 70 14% *14% 15 79% *78% 80 .70 5% 6 700 10 69,300 6 5-% 5% 5% 33% 33% 33 3k 34% 34 34 % 1,700 18 18 18 13 18 13 1,300 37% 36 37% 35% 55% 54% 55 3 54 30% 5% 28% 30 5% 5% 5% 34% xl8% 18% 37''2 37% 54% 30% *38% 55% 30% 39% 427a 47% 47% 41% 39 39 *39% 40'2 42 34 34% 18% 18% 37% 54% 29% • 13% *9 10 *78 79% *78 79% 6,400 3% 3% 40 58% 13% 13% 9% 13% 9 Tit 50 57 % 59 (4 58(i "3% 78% 300 86 10% *78 6,200 74 *3 % "" 3% • 3%' *33% ■ ' ' . *41 *45% *40% *40% 31 17,000 54% 53% 53 % 8,800 28% 28% 7,100 40% 39% 39% 130 *40 % 42 *40% 42 *46% 43 28 3 4 *40% *40% *46% 48 *46% 48 47 % 48 42 48 *40% *40% 4712 *40% 47%" *40% 47% 41% *40 41% "lo 31 (a 1,300 40 40 30% 31 36%'. 30% 36(4 29 *39% b ' *40 ' 41% *40 *31 31 31% 31 31 (a 31 100 1,500 8'it *8% K 8 26% 27% 27 % 27% 1 12,900 2R7a 82 153 28 27% 28 27% 27 ;__i 82% 83 * 82% 82% % 82% ' 81 % 82% 5,500 , 81% *150 100 . No par Ctfs 94 *42% 20 Inc— *23 —1 .__No par Int'l Harvester common No par 1 preferred 100 . 153 8 8 8 Vb 8 *150 95 93 94% 93 43 23% 42 % 42 % 42 42% 42 23% *23 23% 23 *23 425 k 43% 42 % 43 Vb 85 85 85% 86 28% 28% 350 355% 28% 28% 353 349 . . 8% 8 1 152 *150 152 *150 153 94 *150 42 *85 87 28% 28% 357 362 35 35% 140 140% 100 , Corp 8 % 94% **3 5 common— Machines 7% 27 3 a 90 13% 38 *88 86 *90 13% 21% S8 *83 *83 10% 21 38% 21% a 91% > 100 21 *37(4 - 74 86 10 5 Business _ 27"' .74 *83 13% 1 120 4,100 25 ' 86 59 25 a 74 27% ■ ■ « *90 ' 25 7 *25 37 % Interlake Iron 25 25 7 47a 4% 4% 4% 500 86 *84 87 *85 . 21 No par Co___ Corp preferred 4%% „ ■",,5 26 Int'l 376% July 8 38% Jan 11 156% Jan 1 Steel Insuranshares 3 32 7 87 4% * 100 pesos Interchemical 21 3*>% *65 4% 21 Inspiration Cons Copper 2 4% 4% *25 -50 50 - preferred— 6% Inland 17% 17% 17% 19% r Mexico De Ingersoll-Rand common 11 35% Jan May 23 27% Mar 25 138 Feb Electrica S A—l Industrial Rayon-— 23% May 14 .52 288 143 % . 15% *28% 50 cumulative preferred _50 cumulative preferred -50 Indianapolis Power & Light No par 11 156 16 % 19% 4,42% 4.20% 4 41% July 19 20 % Jan 4 69% Mar 20 16 300 3,900 28% -I5 4 100% Dec 12'a 19% No par 45% Jan 165 11% 28% 10 Co.— 3 8 12% 29 % — 54% Apr 31 24% 12 ' Co_! 27 Dec 23% 12% 5 Dec 8 5,000 10% 19% Co 44 52% Dec 20 24% a -50 1 Refrigerator Central RR Industria 21 16% cumulative preferred 5 280 19% No par 4.70% 14 87 16% j 4.26% 76% Jun 21 150 86 *28% 100 2 151 21% * 12 50 11 88 % Jan 85% 23% 23 7 100 100 Feb 25 85% 3 52 Feb 85% 700 66-% *66 12,900 47% Apr 73 66 18 19 85% July 20 66 18,700 14,100 14 13 66% 7,000 17 16% 12 (a Jun Feb 16% 12 Jun 59 16% 12 Vb 40 9% Apr > 17 32 45 39% Jan 16% 24 9 5 17% 23 5 a 5 7% Jun 16% 20% Jan 26% July 17 17% . 36-a *36 *10% Apr 9 50% Mar 13 36 % 10% 55 lfAMiay 38% 36 a 21'i» 53 11 38% 36% 24 9 19 38% 36% * 10% 11 7% Apr 33% Dec 39% 38 % 36 % 23% Nov 46% Apr 23 31% July 5 38% 39 36 10 % 50% Dec July 16 *47 48 38% 23% cumulative preferred cumulative preferred 40 48 300 *46% 48 1 Illinois 27% Jan 23 2.100 % 10% Illinois Power Co common— 13 70 57 47 20% 100 9 10 109 56% 10% - 9 4.08% 46 7 7 i. 46 '106% 56% 56% 1 700 21,200 21 com 63% Jan 8 56 3 4 107 107 108 56 3 56% 37 15% Indust preferred series A Hupp Corp common5% conv pfd series A (" 56% 100 15% 45% 44% „ 38% 71 Hussmann 108 107 107 50% 10%' 32% May Feb 44% 46 45% 46% 110 *9% 24 Nov *15 45 7 *3% 20 53 31 (a 15% 45 *30 10 % a.1-1 Jun 30 *30% 15% 45% 20% _. Jun 12 31%. 15»., 100 Idaho Power 26% Jun 20 31 % 15% 10% com^ 28 44 31% 15% 21% Power—No par 48. 44 32% 15 % 4 10% i 4 46% Mar *31% 15% 20% . 72% May 13 31% 85 3 i 1 1 Jun 23' 1,300 85% preferred 57% Oct 38 1,000 23% 66% com I Jan~19 17%. 23% 25 Inc 17 51 *17'it 23 (4 85% 1- 29% Jan Dec~21 17% 23'% 85% No par 3 41% *17 % 66% 5% 4 May 31 17% 23% 16% common—5 35% May 40 17 % 66 % - 10 Jan 60 * ;30 27% Feb 22 90 23 % *46% 5 24% Sep 16% Jun 20 90 90 10 19% Nov 29 21 89(4 90 600 23 % 56% ' • 1,300 *84 % Hudson Bay Min & Sm Ltd May 21 35% May 23 51(t 51 % 17% 45:% _10 Co Lighting & <fe 40 51(4 51% 100 Corp preferred Hunt Foods 75% 17% 5% -noncumulative preferred—100 14 Jan 64 25% *73 12.50 tHudson & Manhattan 4 15% Dec 21 1,700 10% '25% 75% 51% • 23 % *107 5 'Howe 8 4% May '6 11% Apr 29 17 17% 25 % 25% *73 31% 50c Howard Stores Corp„*_. Sound Co__; 18 Jan 18% Jan 2,300 66 _■ convertible Houston 60% July 11 *70% 66% Corp- preferred 4.40% 1 70 1'7% 38% Co preferred preferred-; 4% 33 _l 3%% * 30 33 74 *88 500 200 5(4 2.50 Electrochem $2.25 Mar 13 28 1 a' 29%* 5% 23% -Household Finance common—No par 6 Jun 85 July 19 88 30 28 51% 90 *87% 90 3,600 —~— 3,300 7211 *17 17% 51 % 51 % 51% 2,300 "29% 74 75 , ♦ No par pfd (conv) Houdaille-Industries 39% May 29 ■ Oil *73 35 - 33% 71% 26% 17% 26 73 17 Vb *25%' 17% 25% -1 Corp of America 5% conv preferred t ■ 71% 17% *36% Hotel 10 71 % 71% 73 %t 35 - 5% *32 32% 70% 10,500 } 47 28 *5% 5% *5% 32% 26 39 (V 132 HO 28 *29 % 30 *29% 33 *32 33 1 convertible preferred Honolulu 4 28% 5 Homestakc Mining 6% Jan 28% Jan 12% Feb » 97 28 30" *15 1/12 (A; & Sons Sugar Corp common 5% 4% July 17 25 July 19 21% Jan 23 10 2 Hollander 22% Jan 28% May 22 33% Feb 11 16 Dec 22% Jun 5 28% 29 3 « 17% Inc.. Furnace 13 Feb 28 30 51% 10 common Electronics Holland 19% May 31 16 5 Feb 89 15 32% Jan 17 31% Dec 56 Nov 28% < 25 Corp (Charles Ej 17% Feb 23 18% Oct 22 25% July 34% 78 —No par Hotels Hires Co 7 25% Sep 14% Apr 6 % Hilton 12 12% Dec 12 31 9% Dec 26 18% Dec 35% *87% (The; $47s cum 2nd 7 9% Nov 27 21% Dec 34% 1 Heyden Newport Cheni Corp 3%% preferred series A 77% Feb 35 5% 4,000 47% 35 35 27% 34% 5% 2,800 { ' 35% 100 " 33% 36 *123 132 47% V - 39 39% 38% *128 132 47% 100 I 38 3 i 38% 47% 5% 2,600 35% - 47% 17 25 preferred 36 (4 *128 25% -100 i. 36 48% 71% —5 1 common 36% 47% *32 5 % preferred-— 100 Hershey Chocolate common-_No par 4%% preferred series A -50 41% May 23 46% Mar 14 1 dist common 3 12"% Mar 36 132 ' 22 93 33% 48%, *5% _1 —50 Motors— Hercules May 16 *128 300 93 33% J 40 39% 39% - *23% 23 •••/; 93 33% *91 % 8,400 ' • 33 5 ii 83 500 , 76%V i 22 33'2 : 36% 36% 36 % 132 , 23 23i u . 30 . —5 — noncumulative "Hercules 47% July ii 115% Jan 30 23 33% ' 39% 22 7 22% *90 93 33% 39 76 (a 22 *21 % 39 " 47% —10 common , 22% '■22% *90 93 33% 36% , *123 —1 * & Co 19 2 22% 33% preferred—, (W Helme 8 Co j) 23 Oct 22 "90% —15 preferred 33% Nov 80 21% 1 'r : Marx. common— fH Heller 22 34% Mar Co 27% Jan 61% Dec 13 21% . Industries Inc— 45% Dec Jan 21% lOu 1——2.50 ' 14 Jun 24 47% Jan 53% Mar 20 54 21% —r_. Corp of America % c/o preferred 3%% 6 , Mar 90 5 Schaffner Heclit ' 51% July 19 36% Nov 29 45% Dec 110 46% Apr 9 21% Mar 15 17 15% Dec 31 5 —7;50 coin Ex partial liquidating Hayes Industries Inc_ 1 19 54 Jan Jan July 18% Jun July 15 26% May 25 33% Jan 3 23% Oct 25 34 27 20 11 Dec 81 ' 101 85% Nov 15 17 13 2 7 60 3 79% *—__j„l „ Reirac Chemical Co Harshaw 7 28% Apr 76 % Jun 11 34% Mar 27 Organ' Co preferred— Haveg 15 Feb 17% Nov 20 Dec 78% 2.50 Harrls-Intertype Corp 30% July 2 32% Mar 25 34% Jan 14 23% Fen 28 Mar 12 13% May 28 47 79% . 100 Co— Harsco Corporation 6% Jan 5% Jun 27 Paper Harbison-Walk July 5 July 11 50 34% July 24% May 26% Dec 76 39 78% _25 preferred! convertible Hammond 14 • 18% Jan % Hammcrmill 14 Jun 11 16 Aug 4 30% July 16 . 138 May 28 Mar 29 35% Apr May 22 11 * 35% July 18 33 24% Nov 20 2 111% Jan 5 M» v 31 Nov 26 25 Jan 39 5 Water— Halliburton. Oil Weil .Cementing Hall (W F1) Printing Co Hamilton Watch 'Co common- 17 " 33 31% Feb ian 24 . May -il 89% July Hackcnsack 41% Feb 21 . 7 140 92 ■ 38% Jun 21 7i% May 13 Nov 17,600 84% 873 4 92 ; u ; 84% 87 > 36 400 |f 87% 8.9 *88% 39 > , 36 35% '84% 86 % 92% *38% 145 35% 89% '90 ♦ *82% 36% 81% 89 % 92% - 3,500 29% 82 " 29% 29 3 4 89 %" 82 *87 1,200 29% U 36% i_No par ,—« 10% 29% Co— $4.20 dividend preferred-; i *2 Jan i96 Common ' . *73% 145'% 18,100 24% 10% 11- . —25 Oil Corp Gulf States Utilities Shares 23% 11 ♦10% 29% 30 .No par Gulf 11 93 % Feb * $5 preferred 16 May 13 t 24 Sugar 11 29% 1 Guant&uamo 11 the Week 23% 23% .23% If 22% Friday July 19 Juty 18 ■ *10% 23% 22% 23% 22% 1 f — 32% Jan 81% July 16 86% July 17 90 • Juii 14 105% Feb 23 Grumman 14 12% May 10 2 34% Jaft 103% Feb 28 108 Feb 6 34% Jan 24 107% Feb 42% Mar 20 32% Sep 26 83 % Dec 27 Jan Jim ' 72% July Mar 14 98 147 % July 26 ' 21 Sales for HIGH SALE PRICES Wednesday Thursday -July J«» July 15 Pur '' 22% Jun 27% Jun 29% Dec ' AND Tuesday M»nday NEW YORK STOCK Range Since Jan. 1 ' Lowest * Highest Year 1936 Lowest LOW STOCKS for Previous 94 % 94% 95 V* 4,200 42 3 a Va 41% 42 2,600 23 42!■% . *22% 23% 200 "43 43% 43% 2,000 29 % 281% 3461% 28% 28% 4,700 354 14.000 35 346% 351 210 86 -86 37 87 23,300 35 Vb 35% 34 % 35 % :% -35% 34% 140% 140% 140% 140 % 1% 140% 139 % 139% 886 1% 31% 30% 31 % 10,900 J 25% Jun 22 69 Nov Jan 33% Apr 21 78 23 88 9% Nov 26 98% Nov 29 57 % Dec 15% Feb 85 94 38 Sep Feb Dec Jan 11 3 112% Aug 8 14% Mar 13 144 % May 7 25% Feb 12 76 May 2 115% Apr 23 11% Feb 20 98 % Feb 12 9% Jun 20 94% Mar 26 12 106% Mar 13 86' 7 21% Apr 19 104% Apr 19 86 13 15 144 3 44% Feb 13 Aug 20 Int'l Minerals & Chemical com 31% July 10 68% July 15 July 109% July 98 3 13% July 17 Feb 112% Jan Feb '/ 125 8 70% Mar 13 38% July 15 40% July 15 38% Jan 30 35 20 4 38 % Feb 28 37% Apr 13 Feb 6 July 39% Mar 16 15% Aug 27 9 30 " 5 58 7 32% Dec 16 Nov 30 34% Jan 5 23% Dec 18 27% Jan 10 33 % Jan 10 56% Nov 19 120% Dec 17 130 Feb 7 Jun 29% Feb 49% Jan 0 12 5% 2 Jun 30 Jun 28 24 Vb Jan 2 43% Feb 7% . When 54% Jun 130 , Jan Island $6 19 10% Mar 19 4 6% Jun 29% Oct 15 48% Apr 27 21% Apr 30 28% Feb .11 28% Jen 9 1 94% Mar 14 78 Jun 11 91 55 47% Jan 28 60 $4% Aug 31 44% Oct 15 83 Mar 14 3% Feb 27 102% Feb 6 80 Jun 21 43% Oct 89% Feb 2 58% Apr 5 43% Feb 11 67% Feb 1 85 52% July 69 12 97 42% Jun 8 94% Nov 30 35% Feb For Mar 21 62% Nov 15 105% Feb 27 3 footnotes 72 see Dec 26 page 26. Feb 23 3 Power 3.50 Co Creek Coal Circuit Breaker (F L) 50c 1 .1 Co ! 5 Jewel Tea Co Inc common 3%% preferred f johns-Manville Corp 45 % Mar 12 91 Jun 20 99 Jan Feb 11 76% Jan 17 & Jones Laughlin Steel 2 61 Johnson 5 & 12% preferred series A Joy Manufacturing Co com 10 100 1 1 15% 15% 89 90 ' !% 100% 99% 9% 9% 1% 9% 9% 9 % 5,800 108% '% 103% 107 5 a 108% 10,300 108 90 *87 13 % 15 % 120% *117% 122 % 122 39 38% 38% 38% 38% 41% 41% 41% 42 % 32 31 32 36% 36 Vb 36% 90 42% *31 32 i *122 38% IV: 1 15% 38% 36%. 200 % 4,900 38 41% 2,900 200 31 *29 31 ;% 123% 41% 42 . ) *29 21,100 490 90 90 122 1 89 120 % *89 15 15 i% 89% 123 • 30.700 90 *87 90 r *87 100 % 36 36% 70 71 22.200 72% 70 72% 71 >% 71% 36 36% *35 35 >% 36 *34 3 it 35% 36 31 31% *31 31i% L% 31% 30 7 a 30% 1,000 13% 13% 13% 13% 13% IV: 13% 13% 13% 6,900 30% 30% 30% 30 "4 >% 30% 30'a 30% 4,100 27 % 27% 27% 27% f% 27% 27 % 27% 3,800 51% 51 52 L% 51 % 51% 51% 113 113 13% . .30% . 30% 27% 27% 51% *113 48% 5% 100 Johnson <K) *87 90 16% 90% 46% *82% 58% 51% 115 50% 5% 23 •' 51% 115 *113 49% 5% 22% 50% ■ 5% 23 47% 47 47% 84 83% 83% 58 s» 58% 60 80 70% 49% 5% 001 „ 46% *82 59% *76 49% • *112% 115 !' )% 49 Vb 49 Vs 2,500 4,300 20 115 49 3 700 4 12,900 5% 5%. 5% 5% 5% 5,300 22% 21% 22% 21% 22% 2,100 47 461 a 4o% 45% 46 4,100 83% 81 % 82 >4 80(a' 81 100 59% 59 |:f 591 '59% 60 3,600 *76 80 80 *76 -> 80 80 *76 50% 51 50 50% 47% 50 % 45% 48 3 a 45 46% 94% 89% 92 89% 90% 89% 91 891 if 89% 2,400 93 60 5 s 61% 61% 61 % 60*8 61 % 60-,« 61 % 60% 61% 37,100 94% 95 95 % 96 95 95 94% 95 % 94% 95(4 72% 69% 70% 68% 69 % 68% 68% 68 3 69 70 *76 " July 11 61% July 16 108% 72 *68 72 s68 32 *22% 1 108 72 100% 36 31% 1 Lake Sulphur Co 1 Jersey Cent Pwr.& Lt 4% pfd__100 9% 31 % 99% 36% 5 Co 9% 31% *68 100% 102% 71 10 common preferred 31 % 72 *66 37% 36% , Jefferson 24 July 16 Dec *31 1 Jaeger Machine Qo 47% July 10 Jan Stores Jacobs 11 13 40% 25 25 - Dept I-T-E>- 50% July 15 Nov No par - P%ower & Light Co 13 32% Oct 15 % 89 *119 33 % Iowa-Illinois Gas <fo Elec Co__No par Iowa 22 22% Dec *87 No par common issued Interstate 28% Mar 29 28 7.50 —No par '-. Shoe preferred- Interstate 28 Jan 15 100 . 31% 31% 68% 68% 101% 103% 9% 9% 108 108% .. International Telep & Teleg—No par International Utilities Corp 5 19 32 31 . No par International Silver 6 14% Feb 12 111% Jun Jun common preferred International 20 36% July 16 33% May 10 24 40% May 16 4 73 Paper International Salt— 37% July 10 32 July 3 30% Feb 12 13 Feb i_No par preferred $4 40% May 23 51% Apr 23 34% Apr 29% Jan ._5 100 Canada Int'l Rys of Cent Amer com July 12 43% Nov 29 of International 9 106 % May 10 2 " preferred— Nickel International Packers Limited 26% May 10 13 4% Int'l a 15.660 640 8,100 Number 5637 Volume 186 ...The Commercial and Financial Chronicle (333) NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year 1956 Lowest Range Since Jan. 1 Lowest Highest Par K 34% Feb 104. Dec 127 78 Dec 21 108 105 Dec 30 28 71% Feb 86 Nov 14 28% Aug 14 Jan 21 ; ' 40 7 39% Feb Dec 61 . 6 7 31 74% 18 98 Feb Feb 11 11 .' 24 Jan 17 '■.<* 3 10 May Maf29V 65 % Jan ; > '•> 21% Mar ■ 7 4 % ~ 13 25% Feb 29% July 17 50% Feb 29 22 29 % Apr / 3 " 23,% July 54% Oct 19 : 47 16% Sep 10 ' 34% Jan • 4 : 36% 36% » • *92 *85 89 d 69% 70 70 . 28% 28% 29 36 " 25% 25% 25% 90 *86 90 *92 94% 87 *86 87 % 87 87 *85 89 *13 69% 36 35 111 27% 27% 25% 25Tb 25 la 25% 7014 108 % 42 4214 41% 68% 69 68'A 31 31% 31 38% 38% *38 48% 49% 100~G 36% 10 51% 80% 80% *80 18% 19% 19 1 ZZZZZ~ZZlo 31% *30% 31 % 39V4 *38'A 39 48% 49% 48% *31% 37% 32% 35 '/a .36% 35% 35% 52% 50% 51% 50% 80% 80'A 19% 19 •49'/a 11,500 3214 '3214 500 35% 35% 10,800 50 'A .. 50% 50% 6,800 35% 5014 ■ 81 *80 ■J 80 80 ' 19% 19 1914 26 2614 4,800 5,700 26% 29% 23% 24 57% 58% 57% 58% "29% 4,100 13% 14.% V 14 % 14% 243B " 23% 23% 26 29% 29% 23Tb 30 24 26'A 7, 29% 24 23% 23 % *23%. 57 Tb 26%. 29% 26'4 29% 26% 58 ''5714 57Tb 5714 ' ■i 160 V 19% 26 % V 36% 29% ZZZZZZIl „ 48% *31% 35% 19% *23% 100 39 ♦38'A " 7,100 11,000 2,200 3214 50% 81 • 49% 48% 32% 36 Va 5 P 68'A 30% >31% • 39 *38'4 49% 32% No par ~ i 42'A . 69 31 31'% ' 41% 52% * 42% "25 ~ 1 ~ « Z_ZZZZZl 32'4 14,100 46 110% 70% 800 4,000 110'A 67 TB 46% 111% 46% 109% - 45% ;lioib % 42 70% 200 1,700 4,800 - 13 13 46 46 47%* 68% •43 6934 ,. 13 ,13 13 13 * 60 2,600 -35% 29 69 % / 30 250 28'A 111% 46% 48 T 42% 13 13 13% 47% 25% . ' •7014 >*35 28% 25% 25% 112% 113% (Ill) 28% , . 800 2,200 76 ' 94% • *35 70% 36 28'2 1,600 .♦86 87'% *86 87% *35 36 *86 89 *85 70' 69% *35 90 94% *74 76 *73% *86 *92 *73% 76 2 *85 89 " 76 90 87 % 50 ~T.~r (S k) <fc Co__! Kroehler Mfg Co Co' (The)/ . 94% 93 ~7nn Kress Kroser 36% *86 Ll preferred Kresge (SxS) Co— 26'/2 May 9 58% July 16 2 17 Jan 11 36% 36% *73' 5 common E J Korvette Inc__—_ 27% Apr 36% 36 Tb 87% *87 ' ' oar eo____ZZ_Z.__2 King^Seeley Corp' KLM Royal Dutch Airlines: .Koppers Co Inc common 2 94% Apr- 10 -. 36 % 95 prior preferred • 31% Dec 26 4 J No — 36% July 11 1 •78% July -1- 46 90 —'I—ZZZZZ "l —— 49 - 1- 93 46 76 8 7s Keystotie Stebl <fc-Wire Co. Kimberly-Clark Corp 49% Jun 1135% Jan- <4 17% Feb 20 10 43% Jan - Mar- 5 93 46 *86 No par 1_. Kerr-McGee Oil Indus conv 9414 46 18,800 42%'' 94 46 41% " Co Co Kern County Land 5 , ,29 -47% May 31 V- 32% July 7- & topper 41% 95 i *93% " 100 preferred_ZZl00 & Electric (Julius) 42% 95 46 "73% City Southern com__Nopar preferred—L 50 Kennecott 41% ' 41% ~ inn — Kelsey Hayes Co___; 41Tb 95 45%' 36 % 36% non-cum Kayser 4 '.75% Jun -19 Jun - 17 41 94% 45% " Kansas Po\ver & Light Co_ 16 ;•■■ Ai>T • 4%• • Kansas Gas ,.,'t 49% July 10 128'% Jan ' cumulative Kansas: 5 30% Jun Jan 77% Jan ' 4 preferred 4.35% ■ 12 38% Aug~20 " Dec 43% Jan 3 32% May 3 i1 26%-Julv" 11 •••■ 4/:i 52% Jan 29% Apr preferred 4.20% .- 2 Feb 40% Mar 19 Dec~2l 96 Snares 95 42'/a 94 *45 % cumulative-preferredlllZZioo 4.50% 19 12:*' 47 58% Apr 25 4%. Feb 39 4 • 14 21 :a7% Feb 2l 27 Feb 38% Jan 31 2 t','27 "4 10 ; 1. Feb Feb. 18 Feb - Dec 31 ; Nov 82- i- 24 the W?eek July 19 46% 41% 100 4%% preferred ZZZ-50 Kansas City Pr & Lt Co coin_No par .3.80% preferred 1 100 37% Feb 12 101 % 30% July 16 f Apr 1 July Jan 32'/a Dec • 96 12 •: 53% Apr 1 Mar 24 102 33% • Mar 12 102 i!b Jan 147% Mar 14 ; 42% Apr 25 1 20 Mar 27 48 27 23 <43% Oct 7 24% July 23 May 28 i 83 32% Jun/20 46% Jan 20 15 12% Dec 39% Jan 18 64% Jun 9 Feb 30' Jun July1 87 - 37 113 14 Friday 18 f Juiy I« July J O Sales foe •sday Wednesday Tuesday July io . Kaiser Alum & Chem Corp— 4 '/a %. cum conv preferred™ 9 Feb 49 87% July 10 24 21% Jan 10 - 90 >' Jun 1 92% May 9 76 May 22 103 46% May 15 109 J/2 May 1 20 36% July 15 Apr 13 Mar 12 July 43 % Jun Mar 13 103 5 89 87 88 • 1 Mar 96 97% Nov 28 Nov 3 20 44% Aug 14 7 Dec , 37% Feb 3 Aug Feb 52 18 37% Dec 92 70% Aug 13 Nov 27 44 Monday EXCHANGE SALE PRICES HIGH LOW AND NEW l'OKK STOCK Highest - 29% 900 24 57% 4,500 : 1414 6,200 , * 14% Apr 13 Apr.. 4 25% 3% Nov 27% Aug .' 22% Mar 12 •16% Mar 13 18% Dec 26 30 /■'.• Jun. -.i' v 89 '■•••' May 8 13% Jan 35% Apr 26 , 15% Nov 26 1% July 58 Oct Feb 8 16% Jan 4 16% Dec 28 74% Feb 9 1 19 5 2 163% Feb 2 Jan 23 23 7 13% Jan Feb 12 68'% Jan 50 7 62% Mar Jan 14% Jun 8 72% Jan '•< 21 ' 38 Feb 75 ••• Feb 28 12 7% Jan /:: 2 25% May 14 18% Feb 27 32% Apr 25 i 31% Mar 57% Jan 4 21% Oct 23% July 19 k 6 6 Jan 9 Dec 27 102% Jan 13 Dec 11 104 Nov 19 103% Dec 28 : 15% Dec 12 '■97 ^ Dec 116 106 28 26% Dec 27 ,83%. 21 Jun 26 Jan 20 61 Dec J Jwn 117 / 89' 11 C'orp' 4.84% Feb 28 25 Apr 4 ( *i" 9 * 12 45% Feb Jan 28 22 631/a 136% 10,400 , 1 66% 66% 66% *15% 15'A 10% , 15 53 54 *81 90 ' 53 *81 10'A 38% 38% !' '37 V'a 18% 18% 19 18% 18% 18% 39'% 40% 38% 39% 36% 38 Tb 30% 35% 36 35 Tb 35% 35% 36 35% 36 114% 114% 114 % 113% 113% 113% 21% 21% - 21% ' „ *94 *84% 90 : ! 101 19T4 (Ky)_No"par 120 27 26% .83%., ?0% 82% _3o - 20% 103% 106% 119% 21% 96% 94 94 *84% 90 *84% 90 *81% 85 • 85 *81 % 85 19% 19 *119 * 119% 27 82% 83% 20% 20% 20% 104% 82% 107% 104 % *119 27 27 19 19% A 121 26% 83 26% 26% 83% 83% '83 ' 20% 20%' 20% 105% 104% 106'A • 20 • 104% , , ; M ■t 37% Nov 23 Nov 120 27% Dec 26 117 30% Nov 20 14 39% Mar 22 July 1 July 16 27% F eb 11 33% Oct 16 92% Jan 13 80% July 10% Apr 6 Apr 80% Dec 10% Feb 6% Sep 20 Dec 18 86 139 31% Nov 26 41 473% Dec 26 610 Mar 13 86% Jan b 8% Nov 28 4% Jun 26 5'% Dec 31 7 Jan 3 Sep 24 19 Nov 5 3 jan 10% Apr 12 10 Jan 11 8% July 17% Jan 24 7 2 Manati Sugar 37% May 13 48% M'ay 15% July 17 16% Feb 18 9% Jan 4 25% Apr 16 34 Jun 11 18 38 Jan 2 20% Nov 13 1 18'% July 56% Jun 50 - 14 1 July 51% Sep 26 29% Apr 18 32% Feb 21 40% July 11 31'/2 Feb 11 37"% Nov 7 31 Feb 14 82% Dec 98 Jan 24 81 Jun 24 45% Dec 3 31 . 11 Apr 24 Nov 32 20 19% May 25 Dec 37 74 Dec 6 54 Dec Mar 1 Oil Marathon Jan 28 22 35'% Jan : ... 8 Masonite Jun 4 72 2 G8 3 21 83 Mar 22 1 2 5 77 Feb , 27% Jun 34% Apr JUly 11 55 10 17% Apr 22 26'% Feb 19 30 Jan 4 39 % Jun 24 42% Apr 3 Jan 6 12% Dec 15 Jan 16 12% Jan 2 Jan $3 preferred McCall Corp 9 i 25 21 32 Oct 68% Jun 20 75% Apr 40% Dec 26 32 Feb 11 47 17 16 Dec 18 95% Mar 43% Jan 31 1 6 13 5 10 11 Mar 75% Mar Sep 19 54% Dec 23 17% Dec 34% Feb 43 % Aug 20 -1 13% Dec 76 28 49 -Jan 2 50 63 July 23% Feb 29 16% Jun 26 1 21% Jun 16% Jun 3 20 1 41% Apr 30 33 1 40% Jun 82% Dec 19 93 16 >85'/i Feb 5 32% Mar 15 27'% Jun 25 76 102% Jan 27% Nov 29 9 98 Apr 11 2 45% Jun 26 21% Nov 26 27% Feb 6 81 Nov 33% Feb 24% Feb 8 35 Dec 10 93 101% Dec 14 116 44% Jan 3 77 17% 48 Jan 27 80 Dec 28 97% Oct 9 107 77% Jun 20 89 105% Jan 3 120 Jan Jan 92 Jun 5 93 J/2 Jan 4 108'% Apr 25 For all other 99% Feb 21 footnotes 26 July 10 24 21% Jan 1 63 July 12 28 94 Feb 90 31 Sep Feb 69% Apr 18% July 16 23 102 1 54'% Apr 76 6 Dec Apr Jun July 5 104% Jan 9 May 23 86% Apr 17 89 77 July 19 July 10 95 Jun 21 103 76 nagp 8 18 26. Feb 19 $3.50 $4 Co 33% 34% 8.000 19'A 18% 19'A 12,900 4,300 30% 52% 1,-iuO 35% 12,700 35'% 3,7GM 85 82 82 : a—1 ...*82 31% .33% No par ; * • „ 29% 30'/» *29% 39% 40 30% 30% 39% 39% *73 ...*73 *68 28 74 15 *73 74% *73 74% ?74 74% 70 *68 74" • 70 *68 27% . .!40 .13 *70% 45% v 28- 27% *51% 52% 15% 50% 15Tb 51'A 15% 27% 27% 28 27% 42 13% 70% 45% 49% -50 *40 13 13% 1,400 9,000 74% *74. 76'/a *68 70 70 ; 27% 28'A *50 51 28 *27% 281b *39% 70 600 40% 30 13% 13 70% 1,700 15% 13 13'A 5,000 70 69% 69% 40% *39% 13% , 150 51 15'/a 15% 28 / 50 1,000 27% , 70 70 70'A 45% 44% 45% 44% 4,000 45% 45% 45 45% 49% 50 50 50 50 50 50 50 2,600 4,700 15 14% 14Tb 14% 14% 117% 118% 115% 116% 113% 61% CO'A 62% Tb 39 Tb 15% 28 40 *70 29 39% ' 39% 13 29% *74 75 . *50 15% 27% • 42 3,700 74% 28 15% 34,200 33'A 40 *68 52% 28 75 70 60 33 33% *81'/a 30'/a 39% ' 5 62 74 - *73 74% 28 " *51% 18 61% 15'/a 14% 15Tb 15 114% 113 'A 113'A 113 61 15% 1,300 113 59'A 60 59% 59'A 3,400 16% 16% 17 2,400 *16% Inc-.. common 10% 16% 16% 16% 16% 1 17% 17'% 17Tb 17'% 17% 17'/a *17% 17% lo 1 — Co 33'A 32 33% 82 3134 33% 1 : Inc 31% 33% 30 % —u—3 class A Mines 30% 34. 39% 1 l Inc 32% 33% x30% 3 i._50 Co 82 31 34 83 32% *8114 82 33% 1 ; : . 18% *51% 39% 1 '5 j 39 39 38% 38 5 1100 39 37% 39% 39 39 38% 87% 87'/a 100 28% 28% 2,400 76% 79'A 4,100 1 ,'_100 —1 3% 16%c preferred No par 2nd preferred-.-—Nopar No par 12.50 conv Co Metropolitan Edison 3.90% 5 pfd~100 4.35% preferred series : :_100 3.85% preferred series-/ —100 3.80% preferred series 100 4.45% preferred series I :_100 ^Adjusted figure before 3 for 1 split. 30% 33% 35% ——Nopar Robbins Machine 30% 33% 34% Mergenthaler Linotype Co Merritt-Chapman & ScottMesta 30% 33 Tb *51% 5 No par Inc 30% 33% 35% preferred series B__ <fc 14% 30'A 33% 52% Merck 8 15 30% 33% 3514 -—1 Stores 14% 29 % 34% 52 42% July 4% 14% 30% 33% 35 Corp common— »4'%% preferred (1st series) Mercantile 3,000 3514 Mengel Co (The) "9 52 - 14% 35% 39% Apr 25 25% May 20 July 19 Feb 82 27 4 8 14 Tb 35 Mead ■ May 151b 35% McQuay Norris Mfg Co 7 17 900 8,600 14Tb 35% McLellan. Stores Co 29 4,000 35% 35% Melville Shoe Corp common 12 64'A May 10 102 1 Mar 8% 16 34 35% 30'% Apr 24 88 % Jan 29 29 % Feb July 11 61% July 31 23% Jan 3 20 Nov July 34'% Mar 21 21% Mar 19% Jan & 15% 8% *15% 34 - No par McGraw-Hill Publishing McKesson 33% 5,300 19 '? 2 34'A 8'A 52% 35% 1 Porcupine 15% 33% 34% 4,700 35 Corp common- Mclntyre 8% 15% 8% 8 15% — 41% 19% ; ^ McGregor-Doniger 8% *15% 8 535 35 ..., 8 35% 34% . 41% 52 Co McGraw-Edison July 15 15% Feb Apr : 15% July 18 122% July 31% Oct 12 17 16 *500 535 41% : 42% 8'A 8 14% McCrory Stores Corp common_i.50c 3 %.% convertible preferred-—100 May 14 7% 7% 16 4,800 41% ' *500 43% 30 .' _100 $2.50 preferred 13% Mar 11 83% Jan 24 69 % Nov 28 . . McCord 8% 9 8% 7% • No par $3.75 cum pfd- 1947 series—No-par $3.40 cumulative pfd -—Nopar Maytag Co common No par 30 32% Jan 46 12 32% Feb 25 Jun - May 15 41% Dec 13 Jan 20 13% Jan 50 56% Jan 31 42% 43% 43 2,400 41 41% 41'A 42 535 72% 52 73 Jan 72% 600 72'A t 18% : May Dept Stores common $3.75 preferred 83 15 72'A 14,100 34% Master 9 14% 72'A 9% 15% 19 40% July July 9% 14% . 34% 30% May 14 7 15% 42 300 * ,9% 51% 13 Feb 82'A 9'/a com_; Co Coi-p 82'A 82 81% . 18% ——a Elefctric 4,900 51% 21 8 30% 73'/a 16 34'/a 30% 33% cotnmon_J preferred Co 7'/a ,30% 14% *500 10 26,200 72'% 42% 1,500 29% 117 31% 15% 535 34,500 31% 73% 42% / 32% 14% *500 20'A; 110%; 30'A l'A 9% 1,100 6,700 2,100 4 Corp 35% Feb 25 % Dec 4 %.% Martin 8% 7% 16 1 convertible preferred& 43% 8% . 5- Marquette Cement Mfg Co ; 8 *114% 150 26% 84% 31% 30% *9% 29% i ; as; too 50 Marine 91 • 29 400 20 119% 19 35% July 19 37'% May 8 Midland 535 43%. 6.25 20 '/a Jan 20 38 Exploration 42% 42'% Moore—Zl2.50 Corp 72% 72% 5 Merchant Calculators InC_. Marshall Field 15% ♦500 r_Zl j 20'% Apr 10 54% Feb 7 47 % Jan 30% 9% 9'% *114% 3?% 80'% 81% 9% No par 7 Nov 87% Mar July 17 12% , 96% Jan 14 28% Feb 28 80 % j__i 97 21 73% Dec 21 30% July 17 30% 81 1 l5q Co—Z Maracaibo 4% 31% 117 29 29 117 " 30% 30% 9% ... Jo ~ ; 48% Mar 19 26 17- Dec 70 50% Mar 23 2 31% 81 ■ par 14%. Manning, >Maxwell & 27% Apr 8% Oct 29% Nov 28 32% ' Mandel Bros ^ Manliattan-Shirt 8 14 28% *114% 29 ' 117 • Mahoning Coal RR CoMallory (P R) & Co— 17 29 117 30% 100 Garden—No Magma Copper Magnavox Co (The)—:. May 27 50% Jun 4% Mar 11 15% Jun 32% May ~3<T Jun 44 2 32% 32'/« com_^*_No par preferred series A Square Chef Magic Jan 530 Inc 118 *114% 5 . Madison 15% July 15 4 Jan Macy 4'%% • , 1 89 Mar 18 476 Inq (R H) Co* 28% 28% ^lo loo Mack Trucks 30 11% July 41% July 18 16 32% July 12 32% May 17 1 70% July 35 6 MacAndrews & Forbes pommon 6% preferred J; 4 6 7% Mar 28 Jan 12 5 7% Mar 28 Mar 20 Mar 125 12 28% Feb 27 8%" Nov 21 28 % • 3 May 24 49% Jan 144 15 10 ' 101 )' 101 t 102 *101 100'A 18% 119% * 270 9,800 21% ,100% 19% 19 90 7,200 22 *94 96% *84% 35,000 114% *113 113% 21% 22 ♦94 - 85 100% 1- 21% 96% 90 19% 119%,, 3.33% ' *81% 96% *84% *81% ZZC ' - 58,900 36,700 19 40% *94 1 qq • .26,700 18% 39 21% 10 Co 39% 19% ill4 ioo —■*. 38% •", 38% 35%- & f ^ 38% 38'A 10% 8,500 10'A 38 'A ?, 6,000 - 90 10 10%: 10% 1,400 51% *81 90 t. 10% 9% • " Z—10—ioo 430 2,700 • 15% 51% 52% 51 *81 90 15 % 15% 15'/a 53'A ' 18:,4 100 5,400 67'A 67 >15 ■ 90 . 136 137 136 137 67% 85 Steel 63 67 102 Lukens 63% 37% _w—_4 Nashville-. Lowenstefn. (M) & Sons Inc 7 122% Jun 18 J/4 Mar 15 8 - % 1 Co 63% 66 % *81% preferred 7,800 63% 6714 *100 % 7% 11% 66% 100 Louisville Gas & El 11 66% IOO Louisville 11%<: • 66 % series G cohv pfd-(P) Co= common— 8 11% 11 68'% series E preferred- 5 4,000 83 Tb » 66% 4.40% 93% Jan 2,000 17% 83% 137 137% 4,35% 30% Jun 25 17 84'A 68 39% __NoTmr- 24 24% 17'/a 83% < . 66% 'A 52% 11 conv Lorillard 24% 17% 11 63% *81 4.25% -series D: preferred- 4 24% 63 % ' 11% „i - 10,800 84% 84 loo 1 30% 17% 17 68% 15% 2,200 30'A 24% 24 7'., 17% 03% 1,100 5 Tb 5Tb 5%T 30% 84% 11 3,500 2 19'A - 30% 24% 63% 1 12,700 ; 5% % 83% 11% 1% 19 % 10 . 31'A 5 17% 15%" 1,200 *15% 19'A V 200 ; 86 2 1% 19 23,600 341% 5% 24% 51— - 15% 15% 17% 5 115 12,000 15% 84 137 391/4 1 24% 66 38% 19'A 30 s 136% 17 2 2 *19 5% 66% 16% 15% *15Tb 1% 19% 63% (The).—_:_„^ZZ1"!Z3~50 74% May 15 31 16 31% 08% 17 , *83 .. - 241/4 23% *33% . -. 40 5% 136 86 39'/a 31% 10 *83 17% 1% 11 100 34'A 40- 5% 17% 24% 17 31% ■r -83% 25 preferred Long Island Lighting Co cohi / 5% series B preferred i_; « 20% July 11 > 127% Mar 4 24 15% 19 2014 T' 39% 19'% 1% • *20% * 20% 2014 23'A •33Tb 17 17% 40% 500 600 86 24% • - lo Co Lone Star Cement Corp^_ Lone Star Gas Co — Mar >' 106 .«■ 2 17 39 lb a 15% 15%- 5% No par ; Co— Loew's Inc 7 Jan 1 List Industries Corp— Lockheed Aircraft Corp 23% Jan' 7 103 Belt Lionel 2 Jun 39% :.-3% *3% 34 '. *83 31% ZZs Products: Coip/.. •Lkjuid Carbonic Corp common 3'%% convertible preferred 40'%-July 16 ;, 92 July 1 97% Jun 27 118% Jun 25'A Jan 5 May 27% Feb 1114 ■ 6 > 15% Jan 30% Nov 20 109 > 82 23 143% Jan 27 Jan 21% July 12 96 Mar 14 21% Feb 1 86% May 17 98% 88% 86 '• Dec Link 36% May 13 109 J/4 Mar 28 ' Jan Fink preferred Lily Tulip Cup Corp 9 .May 17 .22 35 July 26 37% Dec 19 10 : - 7% 10% July 16 ' 37% July 17 12 83 171 23'% *33% f par Libby McNeill & Libby-____ Liggett & Myers Tobacco com_ 16% Apr 16 54 July 16 83 & Lerner Stores •Libbey-Owqns-Ford Glass 150% Mar ,7 67% Jiilji 18 18 83 17 1% 31 21 33% 18 To 14 9 58% Dec 12 Jan 23 Jun 23% 86 1 Lehn Apr 29 84% July 17 134 J/2 Jun r Aug 29 49% Mar 29 43% Jun 8 13% Nov 29 * 63 100% JdSn 12 12 Jan ; 6 6% Nov 29 25% May 24 '19 10 -• 18. 24 Sep 25 33% Dec 8% Mar 29 64 Aug 76% Nov 14% May 28 84 1 4 33% 15 : 20"' 4 23 20% 22 3 33 % *83 $3 noncum 1st 'preferred—..No par 50c noncum 2nd pfd—__^__No par Xehman Corp (The)_!__—i_. Z_1 14 12 72% Feb •35%.Jan 32% Jun 12 20% - 100 24 ♦23 •3% *3% 3 Tb 20% " 14% 14'A 24 •23 24 , 3Tb ; * 33'2 20% 22% 100 4 23 20%, 33 % preferred 4 3Tb; I. *23 14% 14% 14% ,. ' 10 Feb 3% 3 common LehigTr Portland Cement— Lehigh Valley RR_^___i. ;__No Lehigh Valley-Coal common' 10 7% Jan 15 1. 47% Jan 2% Jan " f'ShfSk OOa 1 & Navigation C«_IZ-10 4< 20% Jan'24 Jan 61 % Oct 49 17% Mar 14 17% Jan ' 4 68% Feb ; 1 3 20 3.85% *23% - """5 . 9 45% Jan Rubber & Tlre^_ & Sons Co Lees .(James) « :16% l?eb i 9 4 137% Dec Jan Lee • 1 26 30 Apr 8 5'/« July 10 •12% Dec * A May 15 1% May 9 11 21% Mar 26 - ' 4 17% Feb 98 20% Oct . 94 • _4 preferred series A— "25 La Consolldada 6% pfd_75 Pesos Mex Lane Bryant i—L 1 ; 24% July 14 ■ 29% Nov 14 1 ; 10 3 31 2 25% Nov 35% Jun * 19% Dec 28 24 5 2 t. 2% Jan Apr 20 common 4.32% 30% Apr ■ ' Jun - Laclede Gas Co 20% July 15 . 24 21 ,14% Jan July 10 21% Jan 6 15 83 17% Jun 27 10 Jun 2 Mar 22 ,;/4% Jan 24 . ,3 18% Jan 32 34% Apr 30 v 97/ Mar 22 A 8 27 • 8 17% Jail 15% Jan • 11. 3% Jan- 7 Nov 19 1 23%i"eb 6 13 r -.13% July 7 4% Jan- ,. -.89 \ 28% 80% *36% 16% 16% *87 "2 89 *87% 89 28% x28 % 28 Tb 80'A 37 22% ,22% 40% 40 % 28'% 89 87'/a 87% 28 Tb 2814 2814 78'A , 80 78'/a 37 *36 % 37 *36% 37 *36% *36% 23 *22% 23 22 % 22% *22% *22% 39% 39 39% 39% 79 39% 79 80 39% 40% *73 79 *73 79 *118 119 118 *73 118 60 % 60% 19 19% 18% 62% 114% ♦113 59 60 18% 19% 38% 19 59% 60'A 60 37 60 18,500 79 118 *59 > 200 23 *113 118 60% 4,100 40'A *73 79 *59% 19 62 *73 114% 60% 00% 77 600 16% 18% *5914 600 500 59% 17,400 19 60'A 1,400 61 61% 77 77 77 77% 77% 77% 94 90 *88 91 *90 90 *88 94 91 *90 80 20 *78 77 *75 76 77 76 80 *77 50 77 80 80 77 *77 95 *90 95 *90 95 *90 *78 81 *77 80 *77 80 *90 95 *90 ,fi5 . 1 77 Tb 77% 77% 350 77% ) 40 21 The 22 Commercial and Financial Chronicle... Monday, July 22, 1957 (334) NEW YORK STOCK EXCHANGE STOCK RECORD Sal" Range for Range Since Jan. 1 Lowest Highest Lowest 26% Sep 26 Highest 2 50% Jan 10 Miami Copper 6 30% Jan 2 38% Jun Middle 5 Dec 40 May 28 3 Jan Dec 7 142 29% Feb 20 40 126 Aug 10 9 36% Jan 26 Ya Dec 5 19% Dec 31 25% July 17 Jan 23 22 % May 17 58 ©OYa July 26 23 Jan 61% Sep ' 26~ Dec 21 13% Oct Va May 10 105 Apr 2 75 4 95 76 Oct 22 14 24% Jan 3 88 8 Jan 11 33 Aug 30 Jan 3 30 Apr 26 40% Jan 38 Feb 12 53 Jan 2 137 30% Feb 12 4D 127 22% Apr 17% Mar 21 29 131 101 58 Jun 90 19 13% July 1 12 Feb 79 21% July 8 49'A Apr 30 40% July 24 26% Feb 29 17% Jan 5 81% Jan I 53 35% Apr 47% May 14 36% Aug 14 7% Oct 2 3 76 29 11 »/4 Feb Oct 7% 44% Jan 31 11'% Apr 12 17 July 17 18% Nov 29 24% Jan 28% July 23 12 17% July 12 24% Jan 3 51 y« Mar 19 11% Apr 30% Feb 20 18 2 22% Nov 29 28 Jan 3 23% Jun 10 39% Jan 26 47 Jun 14 40% Jan 2 30% Jan 38% Aug 1 26% Feb 35% Jun 18 Apr 24% Apr 23 y4 Jan 18 18 9 Jan 41% July 11 26% Mar preferred 4.20% Mojud Monarch Monon 31 46% Apr 27 10 25% Dec 18% Nov 27 37% Dec 21 % 14 28% Mar 12 Feb 3 25% Jan 19% Jan 13 35% Feb 30% Jan 23 45% NOT 9 40% Jun 10 21 32 % Mar 7 19% Jun 20 Sep 26 30% Nov 20 18 27% Feb 40% May 10 14% Dec 31 Jan 21 29% Dec 31 42% Jan 4 Jan 24 149 May 10 16% May 28 22 July 16 July 25 45% Jan 11 42% Apr 12 62 Jan 23 82 23 Feb 17 29% Jun 27 11 Nov 26 16 y« Mar 19 Monsanto Co 35% Jun 34% Oct 150 42 8 21* Jan 2 18 Products Wheel 42% Aug 14 25% Jun 27 29% Oct 11 17 « 101% Aug 28 33 Jun 20 18% Apr 0 23% Feb 18 87% July 1 *87 89 22 Ya *21 Ya 22% *21% 22 V2 30 Ya 29% 30% 29% 23% 26 Ya 26 Va 26% 3,800 7 Va 6% 6Ya 31.200 *21% 30 20 3.166 26 Ya 26% 7 7% 6% 52 52% 51% 51 % 4,900 26% 52% 54 53% 54 53 53 Ya 37 37% 36% 37 Ya 5.500 37% 36% 38Y4 37% 36% 37% 35 Ya 35% 35% 34% 35% 35% 35 Ya 35% 7,200 35 Ys 10 58% 3,300 6,900 35 Va 9% 9% 9% 9% 9% 9% 9% 57 56 56% 54% 55 Ya 54% 59 40 Ya 40% 40 Ya 40% 40% 40% 40 % 40% 8% ♦G3% *9% 9% 8% 9 64% 64 Ya 8Ya 9 64% 9 *64 64% *74% 75 8% 19.200 8% 7,600 64% 40% 20 741% 74% 74 74 121/4 12 12Y4 1,500 21% 20% 20% 2.400 12 Ya 12% 12% 12 12 V* 21 Ya 21% 20Ya 12% 40% 8% *63"% 9 64% 74% 74% 55% *63% 74% 74% *12 50 20% 21 21% 21 17% 18 Ye *18 Ya 18 Ya 18 18 Ye ♦ma 18% •17% 18% 12% 12% *12 12% 400 12% 12 Ya 12% 12 Ya *12 12% 39% 38 Ya 39 39 V* 43.800 2 39% 38% 40 Y2 38% 231/a 39J/4 600 25 Ya 24% 26 25 251/a 4,100 25% 25 25 25% 24% 5 48% 48% 48 48 *48 48 J/4 48 48% 48 48 2,100 No par 21% *21 21 Ya 21 Ya 21 21% 21 21 21 1,600 33% 32% 33 Ya 32% 33 32% 331/4 32% 33 33 % 38% 38 Ya 38% 38 Va 38% 38% 38% 38 38% 10,700 27,300 38% 21 Ya 21% 21% 21% 21 22% 21% lo 14 Ya 14% 14 Ya 14 Ya •14% 48% 49 49 V* 49 Ya 49% 22 :_12 21% 22 Ya 22 14 Va 14% 14% 50 Vi 49% 49Y2 41% 41% 41 Va 1,000 3.300 40% 41% 41% 19% 20 V* 20 20% 20 Ya 20% 20 Va 20 V 4 20% 20% 5 30 Ya 30 30 30 30! a 30'% 30 Ya *41 Ya 41% 1,200 14% 50% *41 Ya *41 5,500 14% 50 10 Corp . 4.400 1,400 15% 15% 15% 15% 15% 15% 600 15% 36% 36 Ya 367/a 36% 36% 30% 36% 3,400 1 36% 29% 2J% 29% 29% 5.800 lo No par 29 Ye *44 V* 24% May 22 50% July 11 38% Mar 18 23% Jan 9 28 Ye May 21 29 Va •44% 46 •44% *441/4 46 46 ,— 120 119 118% 118 Ya ■ 50 ♦118 120 16% 16% 16% 16 16 15% 16 15Ya 15% 1.100 *10Y4 65 Ya 64 Ya 65 V* 647/a G5 64% 65'A 64 V 2 64% 4.900 62% 21% X21V* 21 Ya 20% 21 20% 21 20% 20% 2.900 21 Ya 13% 13 Ya 13% 13% 13% 13 Vi 13% 13 Vi 13 Va 5.800 13% 33 32% 32% 32% 32% 32 32% 31% 32Y2 3.500 39 Va 39% *118 1 Inc Corp 5 10 common preferred A Corp 32% 39 100 lo 5 149% 13% 06% 120 *119 119 4 39% 149% 13% 13% 13 Ya Ya 66% 67 68 23 23 23 23% 1 48% 36% 49% 47 V* 49 37 Ya 36% 37 5 18% 19 V* 18% 19 com_5 25% 26 Ya 26 26% 5 pfd series of 1951 100 90 *89% 90 Ya 90% 39% 39% •149% 151 13 Ya 13% 150% 150% 13 Ya 13% 66% 65% 66 23% 23% 23% 47 38 Ya 149 V* 39% 65% 39% 151 Ya l National Department Stores Natl Distillers & Chem Corp 4 lA% 29 y4 45 1 Fibres Register National City Lines Inc National Cylinder Gas Co. National Dairy Products 3 ♦44% 46 5 100 — National Biscuit Co 9 29 Ya 29 Ya 1 Corp 7% 29 N National Aviation 6 101% Apr 89 % 56 Ya National Cash 33% Deo 87 *87 15% National Can 23 80 87 36% B 11 o,400 3,400 14% 31 4 10 10 7% 7% 14% 14% 14% 15% 15% Jan Apr *21 % Mar 19 26% 7% 14% 14% 36% 70% Jun Feb 14% 30% 17 34% Jan 14% 15V* 12 % Jun 20 14% 1 92 5 46% Feb 19 20% Jan 8 30 Feb 18 20 14 Ya 92 *91 1.412,500 1% 90% 89 % *91 1 15% Aug 17 July 20 26% May 14 92% Dec Jun 92 1% 1ft 92 35,400 114 110 92 2,800 20 J/4 *19% 30 Ya 59 11% May 24 34% Feb 13 20% Feb 40 92 26 Ya Corp National Automotive 3 14 163 y2 Apr 92 7% National Airlines Jun 92 lft 90 *91 5,800 22 % 22% 22% 20 113% No par 3 35 1ft 93 Ya 26% Lines Natco 148 Jan 1 Ya 91 Ya 2G% National Acme Co—. 30 179 108% 95% 30 Ya & Co 8 38% Jan 115 Ya 93 Ya 3 (John) 4 31% July 19 113 V* 98 22 Ya l 18% Jan 39% Jan 24 17 Nov y« Apr 18 ii7 89 Ya Nashville Chatt & St Louis July 19Ya y 108 Ys 22 Ya Mueller Brass Co 8 Jan 20 Ya 111% 22% Co 8 14 20'a 95% Chemical— 1,000 lire American shares—. Jan 30 21 30 Ya ; 130 12 22% 20 Ya *21% Utilities Co May 15 15 »/# Apr 29 9 18 29 22 21 25 1 July 28% 21% No par 4 Feb 29% iis y4 100 Tool May 11 10,506 *87 A Chemical Motor 38% Jan 11 18% Jun 28% 20% 10 Montana Power Co (The).. Motor 17% Apr 30 80 Ya Jan 34 «/4 27% 21% 1.25 50 60 34% 28% 80% — 30 y4 Jan 105 34% 28% No par class . 118 60 34% 800 34% 28% 100 7 43% Jan Mar 15 32% Jan 129 J/2 No par Munslngweur Inc Murphy Co (G C) Murray Corp of America Myers (F E) & Bros 35% May 1 24% Apr 13 36% Dec 50 14 34% Mar 28 4 5,700 129% 34 Ya 22% Motorola Inc 2 47 Jan 10 23% Jan 11 7 CO 51 Va 51 51% 130 Ya 35 89% 1 Moore-McCormack 51% July 32 Va 32 Va 32% 51% •27% 22% 100 Machine RR Morrell 7,500 5 Montgomery Ward & Co 3 *129 32 % 1,400 3b % *129% 28 Ya 1 com - Inc Monterey Gil 24 28 52 38% 35% 130 No par Class D 19 22 36% May 31 40% Jan 7 July 18 13% Jun 51% Mar 14 13 19% Apr 30 11 31 130% snares 38% 39% 35% 35 35 30% preferred Co 36 38% ->5% the Week 129 128Y4 *21% preferred series A 3Ya% 38% Friday July 19 1 Montana-Dakota 4 12 35 Mohasco Industries Inc 8 49 Va Jun 128% *87 Corp Montecatini Mining & 18% Jan 51% Missouri Pacific RR class A__No par 5 72% May 1 83% Apr 22 16% Nov 29 Dec 30 52% Development Co Mississippi River Fuel Corp 13 12 38 30 51% 100 Minnesota Power & Light Minute Maid Corp— Missduri-Kan-Tex RR Mar 23 23 30 53 25 2.50 preferred conv preferred Ontario Paper 8 36%.Mar 28 19% Mai 31 50% No par & 6 22 19 1st 2nd 65% Mar 14% Dec 31 33% Nov $5.50 Minnesota 12% Jan Feb 20 13 *29% Mining & Mfg com No pai $4 preferred .No pai Minneapolis Moline Co common 1 2 24 8% Feb 36% Mission 88 Feb 20 35% Minn 1 Jun 36 Minneapolis-Honeywell Reg 1.50 Rights (expire Aug 1)——.—— $1.50 14 35% distribution.. Minn St Paul & 8 S Marie l 11 28 y4 Mar 29 38% Enterprises Inc— $25 Mission 2 Dec 25% Mar 33% 10 Inc 39 5 10Q Midwest Oil Corp .10 Minerals & Chein Corp of Amer—1 Minneapolis & St Louis Ry—No par 91 % May 31 38% 35% 38% Midland Steel Prod common 8% 1st preferred. 58% May 23 63% July 12 73% July 9 21 1 Ex Utilities 43% May 27 377/a May 23 12 33% Jan 8% July 49% Nov 29 67% Oct 18% Mar 3 3 26 9 98% Feb 26 Jan 19 25 8 July 12 y2 Jan 23 60 July ft July 18 35% Apr 36% Jan 9Y2 Nov 1 29% July 19 25 Feb 13 29% Jan 30% Jun 14 12 21% July 12 1% July 17 Feb 15 73 Va Jan 6% July 19 37% Feb 15 10 4 32% Jan 12 Feb 20 2 30% Jan 16 25 Ve Nov 21 9% Dec Feb May 31 25% Mar 22 42% Apr 30% Nov 28 3 July 15 niGH SALE PRICES Wednesday Thursday July 17 Ju,y 18 AND 5 South Midland 42% Dec 13 47 Mar 12 12 40 July 16 July 1.3 Par EXCHANGE 35% July Tuesday Monday NEW YORK STOCK 8 61% Sep 33 Jan 20 47% Jan LOW STOCKS Previous Year 1966 47 Ya 47 47% 46 Vi 47 35% 36% 35% 36% 35% 36'A 19 Ye 19% 19% *19Vi 19i% 39 V* 19 26 Ya 26 *89% 25% 90% *89% 1,300 150% 290 13V4 131/4 2,400 64% 65% 11,900 23% 237/a *149 23% 4,400 6.000 '19,800 4.700 27,800 2Gi/a 25% 26 92 89% 89% 3C0 13,100 -« 18% Jun 20 21% Mar 12 37% Dec 27 Dec 28 61% Apr 13 105% Feb 23 76% Jan 23 154 Dec 132 Nov 93 National Fuel July 123% Aug 10 179 9 Jan 31 148 Jun 26 July 8 162% Apr 16 30 153 Mar 12 128 Jun 17 139 5 16% Jan 20 Jan 20 14% Sep 4 48% Oct 24 12% Apr 12 36% Jun 10 20 Sep 10 77% Aug 17 87% NOT 8 28 17% Feb 12 65% Mar 12 33% Feb 12 40% Feb 12 36 Dec 13 48 7 Oct 15 9% Apr 13 12% Oct 11 10% Dec 26 12% Feb 13 17 5% July 18 Jan 36 ya Jan 2 7% May 29 9 9 12% Jun 25 Mar 29 BY* Mar 13% May 28 3 Apr 6% Jan o 2 8 Jan National Lead 13% 18% 18 Ya 18% 18% I8Y2 13% 44% 43% 44 Ya 42% 43% 42 % 43 Vi 41% 18 J/2 42% Ya 88% 88 Ya 88 % 89 89 89 88% 88 Va 134 Ya 130% 133 131 ••■149 6% 37 Y. Mar 11 51 Jan 9 May 31 10 National Theatres National U May 17 14% Jan Jan 11 National 11 Natomas 5 Nehi 14 Ye Feb 4 18 75 85 17% Sep « 97 Vi Feb 14 77'% Jun 19 125% May 7 87 Va NpV 19 33% Apr 30 47% Jan 3 99 y4 Feb 50 May 28 23% Nov 29 32% Nov 29 15% Jun 24 13 70% July 10 23 Feb 14 16 Y4 Feb 12% *12% 12% 12 Ya 12% 1,100 40 41 Ya 40% 41 40% 41% 41 41 7,400 20% 20% 20% 20% 21 20% 21 % 21 21 79 78% 79V4 77% 78 78 78 V* 76% 78 36 36 36 44 43 59 Ya 38%® 5 44% 5 Fibre England Electric York Mar 13 78 87 Apr 22 New 100 7 103 Mar 11 $5 July 24 500 Jan 0 307% Jun 20 351 Mar 28 N Y & 12% Nov 27 30 Jan 3 32% Dec 26 64% Jan 3 19 Jun 21 58 34 % Dec 4 38% 39 Ya *38 Ya 39% 39% 8 Va 8 Ya 3 9% 8 Ya 8 8 Vi Air 13% 12 Ya 12% 6% 6% 6% 6% 15 13% 15 13% 13% 13% *13% 13% 13% 13% 30% 30 Ya 30 V* 30 Ya •30% 30 Ya 30% 30% *30! 78'A *76 Ya 78% *76 Ya 78 V* 76% 76 Ya *75 16% *80% U4Ya 115 Ya 112% 1 72% 73% 72 Y« 5 No par N Y Chicago & St Louis Co 15 25% 35 28 Ys York Dock common No par 83 preferred No par *101 *275% non-cum 16Ya 16 Yo lo , Harlem RR Co 50 84 *80% 16% 82 15 Ya lG'/a •80% 16 Ya *80% 'Common 17 Not 26 39% Mar 27 33% Jun 24 38% Apr la Common 73 87 $3.75 preferred 15 4lYa Jan 14 64% Jan 4 Preferred New York N 75% Nov 28 28 % Dec 94 Mar 6 Jun 6 34% Feb 20 29 y« Jun 69% Nov 29 85% Feb 23 64 July 10 26 1 73 Nov 28 91 Feb 13 70 Jun 78 Dec 31 98% Jan 9 76 82 Dec 11 16 82 July 1 July 11 103 Jan 99 18% May 25 33% Jan 5 60% Jan 4 22% Nov 19 38% Nov 29 16% Jan 16 77% Dec 28 41 104 May 8 22% Aug 10 43 Apr 13 73% July 18 2 6'A Feb 7 Jun 62% Feb 50% Aug ill 35% Get 1 45 81 30 Jan 86Y4Apr 11 90 Jan 28 102% July 15 25% July 18 39 Ya May 17 70% Jan 9 24 39 y4 Jan 2 July 17 July 12 1 8 48% Jan 2 0 99 »/4 Jun 26 Apr 12 39% Feb 12 Jun 14 24 Ya Jan 70 19 1 73 Ya Feb 11 20% Feb Sep 31% Mar l 20% Jun 21 88 3 26 18% Apr 10 33% Feb 12 49% Sep 7 25Y4Oct 19 Jan 28 Apr 3 1 18% Aug 7 16% Feb 8 5% series A 100 Shipbuilding Corp Y State Electric Gas —1 No par 100 - North American 57 "Ye 107 May 20 Mar 8 49% May 31 5Y2% 17% Jun 11 76 77% 5,100 26% 26% 26% 26% 6,700 35 Ya 35 V* 35% 35 35% 42.900 27% 16,200 25% 26% 35% 34% 36% 35% 28 Ya 28% 28 27% 27 28 Ya *82 83 81 82 *80 82 80 104 '101 104 -101 104 *101 104 340 *275% 340 -277 340 *278 340 340 *275% Feb 14 $3.60 92 Mar 29 5 101% Jan 9 86 102% Jan 8 84 2 90 Feb 1 90 Ya Feb 18 5 16% 100 18 18 99% July 29 13 85 8 29 y« Jan 24% Jan 2 28 Ys Feb 4 Oct 19% Jan 3 13% Jun 5 17% Jan 4 Northwest Airlines Inc 20% Oct 1 28% Jan 6 21% Feb 15 23 Apr Apr 30 38 July 12 28 foot.n/»ro(: nnge 26. 5 10 $4.11 4.6% 32% *32% 33 32% 33 1,400 31V* 30% 30 Ya 30% 31 31% 31'A 2,710 35% X34% 35 Ya *34% 35 341/4 34% 34% 73 Ya 74% 73 29% 29% 66 Ya *64% 29 Ya 68 29 % *64% 29% 29% 29V4 68 *64% 65% 64% 64% 100 *71 77i% 71 71 200 77 76 Vi 78 *70 Ya 77 70 Ya 70 Ya *76% 77% 77 77 *82 86 83Y2 102 lOli/a 102 Ya 101 Ya 25 25 36 V* 82 101 Ya 101 Ya 25 Ya 24% 25% 25% 36% 361/2 36'% 69 Ya 48 Vs 47% Pharmacal Co 100 Vi 470 25% 3,700 36% 1,300 69% 69 Ya 69 69 3 c 5.8V) 22% 22'% 22% 22 22 V4 24 25 25Vi 26 55% 36% Va\ 400 166,100 54 251/4 25% 24% 72 23% 24'A 23% 23% 72 72 Ya 72'% 73V% 73Y2 190 54% 54 y2 54 Ya 54% 553a 3.100 101'% 101'% 60 46 46 % 20,303 103 103 47% 48% *101'% 46 Va 103 47% . 9.200 16% 16% 3.500 71% 70 70'% 370 »70Ya *81 82 Ya *81 82% *81 82 Ya *81 82'% 86'% *83 86'% *83 86'% *80'% 16% 17 16% 71% 17 72 16% 1G% 70% 72 - 69 V* *81 *33 *83 86% *80% 82 *80% 82 82 *80% 82 *80,% 86Ya 82 *83 88% 25 V* 88 Ya *85% 88 Ya 88'% 88 Ya *86% Y2 10 *85% 24% *85% 88 100 24% 25% 25 25'% 2 5 Ya 25% 25 V 4 25% 15,700 15% *14% 15% 14% 147% 14 Ya 15 15 15 23 *21% 1 common 10 15 25 preferred 17 70V* 82% 25% 25% 36% 102 170 85 101V 2 23 70 22 Ya 102 *82% 83 Ya 102 70 36 Ya 69% 22% 55 761/4 24,400 *22 36 Ya 69% *101 Ya 4,300 240 75 75 29% 72 82 *73 75 29 Ya 76 86 34% 74% 74 100 preferred series $4.16 preferred series Norwich 32% 31% 100 Northrop Aircraft Inc 1 14 Feb 33% 30% 72 .100 Dec 92 14% 33% 24 Ya preferred series 85% Dec May 10 13% 33% 25% $4.10 preferred series $4.08 preferred series 21% Jun 79% Jun 25 14% 71 Ya 47% 1.300 14 14% 24 Ya 102 14 14 14 14% 24 Ya 5 50 80 *101 24 Vs 71 55% 100 Ya 83 104 25% 70 54% 3.100 7G 23% 10 com Common 82 Jan *21% Ya 26% States Pwr Co (Minn)— y2 Jun 25 Dec 76 *82 102% 24% 36% 69 V* 112 12,200 82 112 Vi 75% 25 50 preferred 68 82 29% *64% *70% 161/4 *80 % 82 40 77 74% 1 Northern Pacific Ry 80% Jun 25 103 35 73 800 800 73 Va 1 Aviation.. Northeast Capital Corp Northern Central Ry Co., Northern Natural Gas Co 4 3 91 12 100 25 24% July 17 Feb 21 17 Dec 100 100 100 100 Adjustment preferred J&n 72% Dec 84 par 5 Nopco Chemical Co.. 2 Norfolk & Western Ry common—25 79 Jan 14Va 33 % 30% 13% 30:% 74 Corp— Niagara Mhk Pwr Corp com—No 3.40% preferred 3.60% preferred 3.90% preferred 4.10% preferred 5.25% preferred Niagara Share Corp— Northern 16% Oct No par a 16% 16 V* 114 '/a 112 13 J/2 113% 26 28 82 * 600 15 15 15% *15 5.800 2.400 7 112% 115% 26 28 Ya 16% 6% 7 12,806 1.900 12% 6% *76 8«/a 10 12% 12 Ya 12.200 1.200 39 10 6% *15 700 3 12% 13 Ya 15 5.500 43 7 10 6% 15 2.80Q 10 13 Ye Brake 2 32% July 17 30 yB Jun 27 Jan Vi J/4 10 N Y New Haven & Hartford Co— 13yaJuly V* 1 Co York Central 17 43 Ya 130 130% 12 Va Newport News Ship & Dry Dock July 25 43 Ya 9% System 1 pfd-100 Newmont Mining Corp 91 43% 8 New Jersey Pr & Lt Co 4% 107 44% Ya 9% New 6 44 8Y4 a 11 36% 9% 24 26 36 Vi 8 Jan Sep 39% 36 Ya 9% Jan 7 45 36 Ya 1 17 84 y2 Jan 39 36 Ya 130 Ya 36 1 1 New Feb 25 12% 40 36 Y2 Inc New May 150 12% 39 86 130 Ya May 20 94% Jan 26 130 Ya 12% No par _ 100 20% Newberry Co (J J) common__No par 3%% preferred 100 26% Sep Jan 132 Feb 28 76 33% May 18 *130 Corp 26% Apr 30 36 Ya July 16 29% Jan 10 27% Feb 25 132 190 19,600 152 12% 1 Neisner Bros 33% Jan 21 *130 ►149% 150 15,100 133 130 132 Ya ..1 2 20 132 12% 1 Co 28 Nov *130 Corp Inc Vulcanized 14% Jan 88"% Jan 151 Radiator S 30% Jun 27 16% Apr 26 151 loo Service National Sugar Ref Co National Supply (The) Pa National Tea Co 13 % Jun 11 152 78 Y2 3 Jun 150 *150 10 17% MaT 19 3 100 151 No par 39% July 30 96 Mar 13 Dec 132 Natl Malleable & Steel Cast—No par 3 Linen 14' Jan 136 preferred B 21 15 88 133% National Shares Corp National Steel Corp 21V* July 18 8 *86% 5 4 47% Jan 9Ys Jan No par — Co common National 13% Dec 440 18% 43 % 8 80% Jan 11 Co preferred A 23 13YsMay 42 Gas $4.50 preferred 4 138 31% Dec 79 18% 1 National Gypsum Co common Jan 14 75 10 19% Jan 25 46 32% Feb 33% Dec 26 97 11% Jan 64 18% Jun 35% Apr 28 86'% July 2 100% Feb 12 *21% 1.25 35% 37% 35% 23 •21% 21 'A *20 V4 121% 36% 34% 35 y4 32% 34% *20Vi 32 21 33 4,400 Ya 100 11,000 Volume 186 Number 5657.. .The Commercial and Financial Chronicle (335) NEW YORK STOCK EXCHANGE STOCK RECORD Kange tor Previous Year 1956 Lowes! STOCKS NEW YORK STOCK Range Since Jan. 1 Highest . Lowest Highest LOW AND HIGH SALE PRICES Monday EXCHANGE % t Par Tuesday July 15 Wednesday ■ July 16 Rale* for . ,, Thursday July 18 July 17 Friday— the Week July 19 Sharea O -49 Dec :7ft 58% Aug 13 ' 110 % Jan 4 20 100 Jan 18 110 Jan 34 88 5 Dec 11 %92%Dec 31 33% Jan 4 ••• 47% Jun 109% Feb 'A Jan 10 Cft7.Va.Nov 1 Mar 29 Jan 104 ,3 Jun 62% May Jun * 24 10 Jun 88 Jan 99% Mar 25 11 44% Jan 4 44% Jun 14 : Jan 17 * j 84 26 14 * July 17 July 10 26 ,v ' • 1 21 Jan Jan Jan 4% ■105. . Nov 29 Nov 20 May 38 £8Q%Bec 31 May <■16% Sep - 107% Jan * 9 :82 17 6 > July aJuly 11 106 Jan 27 Nov 30 Oct 51% May 102% Jan 7 16% Oct 8 23 V4 Feb T6 28%;Nov~27 3.1% Oct 31 40 47 62% Oct 2 35% Nov 29 40 30% Nov 29 54 122% Sep 28 :12ft Dec *, .»« Jan ■Jan 152% Feb 9 .16% Jan 27 • 43 96 12 10 . Mar 17% Jan 22 26% Jan 21 51 1 27 2? 123% 125% 5% Jun 28 Jan 2 132 July 3 9 Jun 13 53 Dec 86 31 103 Jan 6 85 36% Jan 3 24 28% Jan 26 48% Feb Jun 66% Jan 3 95 2 36% Jun 38% Jun 17 42% ifeb 4.2 8 *6.7% Apr 30% Jan 61% July 17 9 22% Feb 12 12% Jan 23 - 10 26% Jan 17% Dec 20 16% Jan 18 22% May 1 4% Jan 24 3% Oct < 4 • 2 6% Mar 12 10% Sep 26 ' 27 V« Sep 26 37 24 10 20 ; Jun 21 Mar 27 - Mar 27 24% Jun 21 24% Jun 78% Nov 29 30% Jan 23 • 13 - \ 101 Jan Nov 30 45% Jan 23 16% Jun 66% Sep 49% Feb 29 68 Dec Jan 9 75 18 Jun 55% Jan Jun * - 27 July 18 Feb 19% Jan 21% Jun 27 31% Jan 13 32% Oct 35% Feb 6 I , ■ % Sep 12 •6 Jan 3 Ift'/a Ocfrf 24 45% Nov- 20 £6% May la 9$. Deo 2T 16 % 04* 2 10ft Mar1 i 22% Apr 12 3% Nov 26 VY« Mar 12 37% Feb 10 93% Oct 4 Si 51% Oct 2; 17= 26 90 Dec 14 106• Jan 4 Dec 10 109% Jan 10 17 Jan 23 29% Nov 19 16 Dec 5 Dec 26 91 39% Oct 1 47 Dec 46% Oct 89 Oct 9 Jan 22% Feb 9 10% 10% 10% v 26 % 26 26'A 26% 27 26% No par 53% 54 53% 53% 53% 53% 25 25 25% 24'A 24% 25% 25% -25% 25% Jan 35 Feb 8 25 49% Apr 24 85 Apr 26 24% May 9 5ft July 10 88% Maf 28 36% Jun 7 4% Jan 15 65% July 15 4.40% series preferred 40% May 21 23 $1.60 preferred. 4%% 2nd ?104% Feb 19 4.68% 68% Jan 16 6 77% Feb 4 13% Jan 3 96% Jan 2 43% Fpb 12 63% Jan 4 18 8% Jun 18 & 3%% common 1* 1100 63% preferred series A *90 *100% 5 41% 100 *69 6% Feb 10 8% Sep 10 9 39 y2 Dec 17 Oct 23 81% Dec 7 84% Apr 92% Apr 23% Nov 19 24 % Feb 78 132 7% Feb 4 Dec 28 24 31 90 Dec 31 13 Apr 20 155 Feb 6 80% Feb 7 1 8C Un 23 July 23% Feb 71% Nov 19 Dec 4 78 35% May 14 90 8% July 19 37 V4 Jau 75% Jun 27 36% Jan 12 26% Mar 18 10 1 25 128 July 12 60% Mar 13 28% July 11 135 84 Mar 29 Jun 18 24 22% Jan 16 21 50% Jan 2 2 74 1 64 Mar 10 49% July 25 40% July 24 38 Jan 88% Mar 29 35 y8 Nov 71 29 Dec 31 22% Dec 26 21% Dec 26% Jan 5 108 Nov Dec 3 32% Jan 82% Dec 21 103% Feb 85% Dec 26 89% Dec 17 106% Feb 22% Jan 3 62% Oct | 37% Jan 4 For footnotes 104 see 7 4 28 29 Feb 4 16 79 86 July 88 Jun 15 page 5 26. Jun 24% Jan , 118 4 Feb 32% Feb Feb 15 51% Apr 23% Feb 24 24% Jun 10 29% July 25 74% Jan 3 2 28% Jun *8'a & of Serv El & Gas 4.08% 13 66% Apr 24 48% Jun 6 Pullman Oil •100 Inc (The) 120 101% 80 28% 28% 28% 9,700 15% 62 28 Va 16 15% 15% 15% 15% 10,500 61 40% 41% 61% *61% 41 40% •70 •70 •69 73% 76 73% •68 12 •93% 1 47 1 •92 •8% 9% 43% 43 62 40% •61 % 40% 76 •69 76 68 40 62 15,500 40% 73% 76 12 Va 11% 11% 11% 11% 97 Va •93% 97 Va •93% 97% 47 % 46% 47 Va 47 '47% *8% 9%. 9% 43% 43 43% 93 92 92 *8% 9% 43 % 2,000 48,500 43% •91% 3,600 170 93 19 19 19 Va 19% 19% 19% 19% 6,700 68 68 67% 67% 68 68 2,100 25% 26 25% 25% 25% 4,600 98 98 •98 *90 91 •90% 90% 60 41% 40% 41'A 6,700 19 18% 18% 1,800 25% 26% : 41% 40% 41 40% 19% 19 19 •18% 25% 100 100 *137 150 *137 150 *137 150 •137 150 •137 150 139 140 *138 142 *138 142 •138 142 •139 142 28% 29% 28% 29% 29'A 30% 30 30 Va 29 % 81% 81% 82% 82 82% 82 82% 81 Va 60 30 % 81% 82 7% 8% 30% 31 % 8% 7% 7% 7% 7% 7% 7% 31% ♦ 32% 31% 31% 30% 31% 77% 76% 77 % 77 77 *76 76% •76 *81 83 •81 82% •81 12,500 6,x00 22,600 76% 83 76% *80% 28% 83 28% 128 128 78% 78Tb *81 28% *128 77 Va •106 83 28% *128 130 78 28% % 111 76% *106 28 Va 28% •128 130 77 Va < 76% *106 111 28% 129 30% 28 Va 128 77 77 111 •107 8% 7,500 31 100 28% 1,400 20 128 6,300 77% 400 111 % 109% 18 18% 18% 18% 17% 17% 18 18 18 34% 34% 34 34% 34 34% 34 34% 33% 34 30% 31 Va 32% 31% 32% 20 % 49% 8V2 8% 108 ' ♦17% 31 3138 30% 31 Va 20% 20% 20% 20% 20 Va 20 % 20% 20% X48% 49% 48% 49 48% 49 Va 48% 49 8% 8% 8% 8% 8% 8% 8% 69 69 69 69 69 69 10 41 41% 40 41 40% 35 7 a 36 35% 36 7016 70% •69 71% *69% 71 23 *21 23 *21 69 69 69 *21 105 *20 21% 110 *20 *105 21Tb 110 35% 40% 40% 33V8 35% 35% 35% ; *69 Va 71 69 Va •21% 23 *21 Va 23 21% *21 Va 23 *20 •105 35% 21% 110 30 Va 30% 30% 2 5'A 25% 25% 25% 25% 82 *81 ! 100 100 100 10 83 •81 83 *20 *105 110 ♦105 »" 25% 83 82 82 89 *86 89 *88 90 ♦87% 90 27 26% 26% *86 Va 89 *86 89 89 •88 90 •87% 90 26 7b £7 26% 27 62% 6116 61% 61 % 61% 61% 62 61% No par 61% 62 42 31 43 lb 43 43% 42% 43 % 42% 43% 42% 43 5 26 Tb 27 Va 19,900 4,900 25% *81 89 • 5,300 120 30% 30 % 25% 89 *86% < 3,200 110 30% 25 *86 , f 69% 30 3 b 25% 83 ; 30% com__No par 330 40% -.yi 30% 3,000 69 40% 23 100 25 25 9,100 10,500 8% : 40% par 1,000 4,500 11,900 20% 49% 31% 20'a 4.30% preferred Puget Sound Pow & Lt Co Pure 101% 28% No par preferred 12 •100 102 93 28% 28% 16% 68 % 100 : preferred 4.18% 59% Feb 100 No par com.. dlv preference 27 37% Feb 200 102 •91 5 Indiana...No Feb 30% May 22 200 93 ' 2 com 8%% $1.40 200 81 *91 67% 26% 7,500 99 92% 18% 26% 37% 20% 92 93 9,800 37 90 *8% 10 54% •20% 80% 43% 63 Va 90 37 V* 81 76 •92 170 20% 81 *70 1,100 37 Va 81 69 75 Co Inc preferred 4.32% preferred 4.16% preferred 4.20% preferred 28,000 r 10 preferred Power 300 100 •' *20'A 80% 18% 100 Gamble Industries Mar 13 1. 93% 54% 81 67 1 $4.75 cum preferred Pub 21 %r 10 Potomac Electric 1,000 5,000 ' 5 92 1 43% 63. *89% 98 18% 2.50 92 Feb 9% 43'a 63% 90 54% 93 48 % *92 54% 97% 47% 1 2 - 41 •89 Va 54% 98 48% 10 Co Procter • 10 (The) 26 25 *61 62 Va 89 Va 20% 47% 100 Co Public 8erv Co 111% Jan *100% 63% 89 Va 37% 12% 100 100 Pittsburgh Young & Ash pfd_^_100 Publicker » ' ' 72 37 . 97% 1st series prior pfd Pittsburgh & West Virginia & 72 97% *93% 5%% convertible ' 34% 44 1.25 Bolt May 20% July July 25 35% Mar 8 11 guaranteed preferred Metallurgical Inc new Pittsburgh Steel Co common 5% preferred class A Poor 22% 43% 20% •69 Pitts Ft Wayne & Chic Ry com. 100 $3.50 *33% 44 M* 62% . 18% May 20 4 21% *56 .: 54% 90 55 18% 79% Mar 19 24% Feb 63% 41% Plttston Co •22 »A 34 3 a 13,500 2,000 11,900 57 18% & 22% 400 39,800 8Tb 77 43%' *72 21% 56% 41% 40 24 77 40% 30 21% Jun - ' 91 Screw *33% 21 4% xl2 10 Public Serv Co of Colorado 9 • 34% '• 98 71 3 22 V* 22% 43% *90 48 July 8% 550 * 90% 4'A 1 com (conv) 1 May 14 8% • 4% 2 35% July 18 120 26% Dec 9% May 15 8% - 500 3,000 -. 4% 12% 5 67 30 26% Mar 14 29 31 May 32% July 18 20% 2,800 ■ 4% 97% 25 Plymouth Oil Co Jun 90 •95 Pittsburgh 100 320 *4% 73% No par Plough Inc 27 18,600 66% 21% 98 7 37% Dec 32,600 15% 65% 90% 90 3 63% Dec 33% 15% 66 Va 21% 90 20 2 33 y4 157/b 66% 90 *95 Jun 7% Jan Aug 10 35 Va 15% 21% 8% 1 92 38 10% May 33% > * 91 98 20% Jun 117 19% Jun 11 17,700 ■ 95 *90 11 31 79 95 *96 12 44% Jun 7% Dec 77% 95% No par Mar 13 55 Dec 45% Nov 15 78% 95 No par Feb 23 21 77% 95% ' 85 convertible preferred 87 16 40% Apr 6 38% Aug 20 23% Mar 23 10 25% 44 $4.80 14 25 23 22 25% Jun 25% 4% 64% 5 Inc 31% Feb Jun 30% Jan Jan 26 >A 4,000 100 Hosiery Pittsburgh Plate Glass 820 25% *25 Va *' 1 25% 19% 12% 1 'an 5,GOO - 26% 19% *95% 1 85% 25 •24% •25 %; 19% 1 Pittsburgh Forgings Co 3 41% 76 Pitts Consolidation Coal Co 96% Apr (.2% *61 ♦70 20% May 16 10 102 100 preferred 3.90% series preferred Phillips Jones Corp common 5% preferredPhillips Petroleum 7% 25 2,100 » < 19% 54% 15% 100 common 4% Pitts 53% 19% *89% 16% 12 Jan <•>'! 28% 20 "74 91 15% 19 6 65% 28 50 % Nov 13 53% 19% 4% 1 93 21 53% 8,800 2,o0<) lft% 4% 3 Reading Corp 98% May 15 48% Jan 7 Feb 27 % 57 4% 28 la 6 Jun 26 % 26% 94 90 7 Jl% Jun 10% 26%- 26 Va • 21% 92 11 150 10'A 26% 1,700 1,100 3,700 ~ 57 ..100 89% Feb 150 3% 94 80 21% Feb 25 3% 55,500 21% 82 85% Jun Mar 15 20% 3% 1 61 Va 24% •20% 43% •93 81% 4 Jun 60'A •23% 20% 96% 19% 37 10 28% July 12 75% Feb 19 61% 24 *93'A 19% 36% Apr 144 7,900 -41 •39 Va ' 95% 19% No par Apr 134 460 35% 44% 21 57% 93 55% 96 16 41 12,500 85 35 % 57 9ft 54% 100 23 21% 56% 93 ♦89% 7 Jan 21%' 56%. 93 100 26 170 35% '. r 51%"" 85 ,.44 ' 100 Pillsbury Mills Inc common $4 preferred Piper Aircraft Corp 163% Jan :• 44% •72 20% 98% Phoenix 11 22 77 37% 3 21 *72 77 37% 6 Dec ■ .44 22% •98 10% Mar 15 Dec . 43% •20'A 44% Jan 140 87 1,700 64% •33% 20% 94 149 51 51% : 140 1,700 5% 1G 64% 22% 98 % preferred 5%r 15% 64% 34% 98'a com Pitts Coke & Chem Co < •63 43% 20% common 39% Jun 26 37% Apr 16% Feb 43% 12.50 (conv) 8b Mar 26 *33% 100 Pitney-Bowes 128Va • ...100 1 3 21% Apr 23 70% July 12 27 % Mar 20 22% 3 4% 21% .33 %c NO par , 3 May ,300 1,350 •127 y4 64'/a 8% No par Philip Morris Inc '. \ 24 Vf • 6,400 ' - f 53% 21% 9 preferred preferred 4.30% 8.80% 27 129% 5Tb 26 V» • 90% 21% 8% 22% *72 5 preference conv 35 % 27 10'A .: 10% • 100 129 Va r ?6'A • *■ 300 '. , - 27 95 . 95% *91% preferred preferred 4.40% $1 , 43% 22% ...100 Corp Phlla Electric Co 1 12 3 preferred 35 Va 2,500 * Pfelffer Brewing Co.. 4% 9 34- _25 Petroleum Corp of Amer Phelps-Dodge 14,800 •63 65% 44% 44% 43 % - ._*_5 preferred ,Pfizer (Chas) & Co Inc 48 Va " " 40 Peoria & Eastewa*Ry CO. Pepsl-CoJa Co— Pet Milk Co common 6 Jan Corp common Peoples Drug Stores Inc.Gas Light & Coke. Fen 100 RR Peoples 105% Apr 94% Feb 10% Jun 20% July 27 25% 8 it preferred Dec 8 25 _lo 4%% Dec 16% Jun 25 1 21% com 89 13 • r - 91 Light 86 32% Feb ' 26 21% & Phllco Corp common 22 26 '25 % 92 Corp 18% Apr 15 Jan -•25 •24% * 26 47% 60%: 26% 21% 76% Jan 24 53 10 % 26% 91% 12 70% May 1 28% July 25 3 10% •25% 2,200 3% 26% ' 40% 20% . 27% __25 1 18% Mar 12 45 . 10% . 25 Phlla 0 3% 3% 10 Feb FeD 3% 3% 3% ■>' 40Va " t 24 . 400 23 Va 40 16 Va *39 Va : 740 .. 12% 5% 35 Va . 5,700 r 127 % , 86 . 2,200 J v 17% 23% 35 Va 50% - 61% 100 10 Feb 20% , 24 20% 59% f 94% 94% Jan 21 59% Jan 23% 21% 96 45% Mar 102 24 21 95 % 12% Jan 17 59. 23% 21% 44'% 9 56% Dec 1 59% 23% ,3% 25 31% Apr 22 10 58 23% *21% 44 % 62 5 , No par ..100 60% July 12 16 41 *39% Penn Power 74 Mar 41 45% Jan 99% Mar 14 8% Dec 31 40% Dec ' 40% July 17 15% Jan J common 12 t0 L 64 3 Jau •' 35% 64 91 3 8 Feb 14% Mar ' 60 52% 87 Va 35% 1 July 11 94% Mar 12 12% May 25 May 24% Feb 36% Mar 13 78% Nov 27 96 10O *39% , 50% •85%' 4 35% « 64 % July 19 27 93 87% 34% 16 % 90% 15,400 • 14% 15% 1 ' 39'A 129% : 127 5% 5% 16 ' 93' 17% * 16 35% Jun 103 , 52 % 5Ta : 65 92% 14% 48%- 27 ; 100 ; •12% 12 23 . 129 Va 68 % 2 80 . •127% 128 9«! i 17 Va 34% « 35% 25 24 87%.' 16% 51% 53 35% t •85Va 5% 16% 128% 27 129% 21,800 12,600 90 - » '11,200 , , 63< 38% <* 770 { • 64 ; ? 2,000 55,806 . 14% ; , 48 35% 27 129% 66% Feb Feb 128% > 5% 41 ' 27% 130 r 129% _ 15% 07 102 *27 : 5% 16% 128% ♦39% 34% 36% 90 Ta * . 35 63 Va Jau July 3 July 1 July 16 July 16 July 11 X35% 27% r 16 5 20 36% 68 % Feb 97 : V*. 62% 38 Va 40 46% 47% 35% 89% July 17 13 49% 66% *63 % 51 -26% Mar 14 48% 93 *21% . 15% 40% Mar 23 19 40 49% 7»%l 17 V* *16%, 65 »A •17 v 23 •39% 78%, 17% 64 Va 14% 17% •21% : 12 14% •17 35% Apr 17 76% Mar 19 112% Jan 71 Mar 11 3% Mar 12 42% Feb 12 20% Dec 10 96% Dec 28 84% Dec 17 64 ; > 33V* 90% * 12 14% 17 ♦22 12 12% 15% 17 47% 32% 38 % 90% 70% Penn-Texas 25 i 14% 17% 90% 15% 8 July 15 ' 35% 18% Jan 45 % Feb 12 92 47%. 64% 38% 69 Pennsylvania 93. *90% 48'A; 63% 58,400 - 13%* '■ 88 92% % 120 V* r 88V*; .81 •16% . 93 '92% V 38 15% 7 18% Jan 3> 107 54% Jan 23 35% Dec Jan : 34% 25 9 ' c 38% 26% •Pennsalt Jan Apr 92% 38 V4 . 65% 64%- 65% a 91%. 26% Penney (J C) CO 22 % Jan 64% . : •'!. 13 5,700 57%': 56%. >.*■ 400 17V4v 27a. 33 'A •78% i 17% 64'A ' 35% 5 25 $1 preferred. $1.32 preferred.: $1.30 preferred. 11 41% Jun 27 64 Telep 8% Jun 13 20% Jun 12 33% Apr 12 13 ; .. 39 81 , 63% J 1 101 90 20 64% t- *77- : 32%, •lG'/a : 1 29 Mar 29 . 10 2 Jan 28 * 64% 90 • 8Tt •lift; ? 13 V* 33,000 43%, 26%.- 57% 120 : ' 3.50 prior preferred 43% •82 ,47%, ; ! 33 T a Penn-Dixie Cement Corp. 16 - July 2 70% July 12 106 17 > 17% 62% .. 33, Pennroad Corp (The) Chemicals Corp Penna Glass Sand 40% Jan 26 Dec • h. 48 V* .47 Va : t 40 70 - 40%.,. •IT' •88% , 79 27 Nov 29 *16Va. . : « 33 Va 81 120 13 90 78 92 % Jun 11 48% 32% •78% ... .. •88Va i 52'a • 89% - 39% 26%, , 57 ' 79 40% Jun 24 48%. , 13% 78% 2 21 49% May 16 29 90 . . 58% 122 , 13% ... 40 .*85% • 1 Co common 89 . : 57 120. l3Ta 79% 3 Feb • : - 92 < 17% 26% 78% 2 109 • conv . 16% 2.50 No par 59Tb 2.7 60 *90%' 87 , 110 82 •87% ' * 44% 17%, 10,600 •80% 90 ' •82 No par 1 48% Jan 19 5% 5 28% May 16 28 ~ May 31 85% Mar 13 112% Mar Dec Peabody Coal 4 43% Nov 26 91 Co Transportation Patlno Mines & Enterprises 2 92%. Dec 27 r Parker Rust Proof Parmelee t " 30% July 13% Jan 6 12 1 28% Jun 21 24% Jun 24 48% ouiy 11 12% Jan 2 Peninsular 28% Mar 27 13 No par 67 29% Jan 11 Common 58 26% 23% ~ l 93% 82 43 17 87 39% •127 Corp_.__i 4% preferred ...100 Paramount Pictures Corp 1 Park & Tilford Distillers Corp 1 ; Parke Dhvis & Co..—.; No par' 7 26 Oct ..loo. Pan Amer World Airways Inc__. Panhandle East Pipe Line— 27% 13 Va • 129%. 129% - 93'A *80% 44% 17' *82 40%- •27 & Teleg common—100 Penlck & Ford 24% Mar 26 39 Telep preferred Pacific Tin Consolidated 87 23% 36% No Par- Paclflc 44 3 a 17% 48 % 25 , 44 Va 40 Va 39%. . —No par Pacific 31 Apr 10 27% Jun 11 31 • Nov 27 20% Dec 21 25% Nov 14 41% Mar 12 Electric 41 >A 123.-:124%. 12% 15 14%. •22 "10 Lighting Corp. 3 24% Jun - 45% Mar 29 3% May 22 14% Jun 23 Pacific . J 90% •16% 25 40% — 65% 93 i *12% •. 1 __ 42% Dec 40% Jan 23% Jun 5 -■ .! 90 Va 3 Inc preferred. :«Pacific Gas & 16 11 Inc 40 v 62 Va 93 .38 . 41% 49% 89 26%. 7 I..80 64 V4 . 89 *17- 48% 32% 01 %- Nonpar Pacific. Finance Corp.. 7 May 17 15 90 - .16% ..16% — _iqo common preferred 5% .80- 6.23 Pacific Cement & Aggregates 7% Apr 22 19% Jan 4 12 July 13 j n ♦89 44% 60 32% ■ Fiber glas; Corp—1 Pacific Coast Co common 39% Apr 10 33% Jan 0 14% Jun 18 48% Deo aJun tTheV Corp 27 V* 48 - ^300 90 80 % ' _85 Va~.89 i_.No. par Pacific Amer Fisheries ■ f 187% Mar 12 : . 27% Nov 29 V: •5 3 Jun 21% Mar 20 Aug 27 an '■•V34% v 29 r. Corp 90 •82 • .12%. ,13% .100 * 35 92 93 80 ' 49% 93% 49% *90 ' ... .-125%. 125.% - 49 Va 49% 93 40Tb 17% ».58% . . " 90% ^ ,87 , 26% j 49 Va - 81% •89 44% ; •82 — 50'/a 93 •80% 90% 40T4 :-.*17 .100 _ Oxford Paper Co 8 » Dec : k 9 43% Apr Jan 46% July 12 9 Overland 16% Jan 31 18 33% - . .. 25 Marine G®._ 49% *91% 90 ■ 44 Va ~9n , Owens-Illinois Glass Co 4% cumul preferred...^.. 15 July 16 22% Jun 10 . , series ,. .Owens Corning Mar 18 Jan jun <s8 12 . Jun 17 142% July 16 26 fl% Dec 28 . Jan 18 July 19 21 . ! Jun Outlet 16% July 15 36% Fed 11 4.24% Elevator. Outboard Jan 18 Jan 3 65% July 15 104 Jan 3 90 : •4% preferred—. Otis (•ft 91 9 - 19 .87% Jun 11 8 40 Oliver Corp common i'Va fe convertible preferred t 49% Jun 69% Mac 27 67% Jan 90 _No par ,.... — "July 11 #5 .—100 Co_—l_ 50% 92% ■ *80%" 81% *90% 92 iqn . Va 9^% "" .100 — preferred - oil 50 100 . preferred--, . 60% May 31' Apr 3, 16% Mar 27 . 18 17% Jan 3 preferred- 12 Oklahoma Natural Gas.. 7.50 OUn Mathleson Chemical Corp—Common 3 Conv preference 1951 serles_.il00 ■ 18% Jan 11 29% May 28 . 13 &%Jan 10 Jan- . common preferred Preferred 61% July 11 129 73 Mar 26 91.. 84 11 39% Feb 13 . 11% Jan 22 , 42% Feb .105 Feb 13 11% Jun 28 95% July23 Nov 27 X 90 • 2 50%;#uly 26 . Nov 20,. 35 . ; 10 5ft. 98% Dec t 9 2? 60 '•v 2 17% .Jan . '>33%Feb-14. Yf 62%. Aug 130% Aug ' Co Oklahoma Gas & Elec Co com—10 ;• . . - 4.44% 15 •S8%lftar • 4.56% Ohio 3 97 41 18 Edison 4.40% 3.90% 29 Jun <38 29% July iu 69 103 % Mar 5 35% Feb i Ohio 9 101% Mar 18 76% Jun 27 "92 47% Apr 3: 43 July 10 19% July 13 r 23 ' Dec 95 ; . 14 90% Dec 13 * 26% 130 : 200 ' 4,500 • 4,400 23,100 23 Financial Chronicle... Monday, July 22, 1957 The Commercial and 24 (336) NEW YORK STOCK EXCHANGE STOCK RECORD Bftnfe for Pales for HIGH SALE PRICES Wednesday Thursday Juiy 17 Jti»y ao Tuesday July 15 Juiy JO Par EXCHANGE Highest Lowest Highest Lowest Monday STOCK NEW YOKK Range Since Jan. 1 Year 1956 AND LOW STOCKS Previous Friday the Week juiy 1J oueres Q Jun 126 common—5 35% 127% 127% 29 % Jan Radio Corp of America 138 24 Feb 29% Dec 26 33% Nov 23 50% Mar 22 31% Jan 21 40 May 13 70% Nov 27 14 20% July 11 59 3A Apr 12 64% jun 24 78 Jan 3 24*4 July 16 28% Mar 26 (The) Co 6% 153 33 Va Apr 19 Nov 21 130 35 35% preferred100 Quaker State Oh Refining Corp—1G Quaker Oats 37% May 2 33% Jan 7 Feb 20 35% Mar May 28 31 _ 16U 126 2 7 'a 2.30U 37% 27% 27% 6.000 35% - ?125 27% 27% 27% 35% 35% 126 126 127 127 127 35% 35% 3 5'A 35% 126% 39,400 27% 27% 27% 27% 37% 37% 37% 38% 37 37% 36% 37% 66% 67 67 66% 67 1,200 67% 66% 67 67 19 19% 9,600 R 15% Dec 87% Feb 4 53% Jan 23 31% Feb 19 % Mar 34% Jan 11 15% Apr 12 22% May 13 Jan 35% July 12 39 33% Nov 23 373A Apr 33% Feb 20 30 33% Jan 4 40 20% Jan 11 Dec 11 Jan 5 15 11 % Dec 26 Nov 27 6 4% 4% 18 % Mar 14 6 41% Apr 12 Real Silk Hosiery Mills 31% Jan 12 Reed Roller Bit Co 12% Jan 8 Mar 26 14 % Apr 18% Jan 3 30% Apr Jan 18 64% Apr 43% Jan 28% July 19 1 1 62 27 87/a Jan 16 18 15% Jan 10 11% Mar 13 60'A Dec 17 48% Feb Apr 24 30% Apr 5 45 34% Dec 31 25% Dec 27 9% Feb 283A Dec 45% Feb Oct 70* Apr 26 1 81 Sep 91 12 105 % Jan 18% 58% 57% 57% 57% 58 25 24% 25% 22.700 25% 24 V2 25% 24% 24% 25% 13% 1,600 Co— div prior preference— 13% *13% 14 13% 13% 33% 13% 20% 21% 20% 21% 20% 21% 21 Va 21% 21% 34 Vz 34 34 Va 33% 33% 34 34 33% 33 % 36 36 36 35% 36 *36 37 33% *33% 33 Va *33%- 33% 44 *41 44 13% *35V2 33%. 34 33% *33% *41% 44 *41% 44 *41% 23 *22% 23 22% 22% 9 Va 9 Va 9% 33% 9% * *9'A 9% 9% 5% 6% *5% 15% 14% 14% 22 3 4 23 % 14% 14% 27 26Va 26 % 50 23% 6% 12 % 12% 12 Va 57'A 50% 57 Va 56% 57% 21,200 37% 37% 38 % 38 Va 39 ' 5.000 34% 34 35% 35% 35% 107,400 6% 61% Reynolds "(R J) Tob class B —10 -55% 56% ♦63 73 89 . Mar —5 21 'A Jan Co— Preferred . 3.60% series Preferred 4.50% Rheem 18 Manufacturing i. 43 54 'A 55 *63) > 43 53% 74% 89 88% 88% *88% 89 % 350 89 17% 18 Va 18% 13% 17% 17% 18 4.000 18% —1 2% 2% 2% 14.900 *73% 4 Rhodesian 2% 2% 2% ~23 84% Apr 5 42 Va Aug 15 23% Jan 6 62% 77 Jun 7 Richfield No par 69% 70% 68 69% 68% 68 Va 26% Apr 25 33% Jan 4 28% 28% 28% 28% 28 28% 19% Jan 5% Jun 27Ve May 6 j,—10 Rltter Company 5 Roan Antelope Copper Mines—. 25% *25% 26 25 % 25 % 5% 6 *5% '6 18% Jun 29 2 7ya Apr 5 8 21% Jun 26 28% Aprls 28'A Jun 25 27% Dec 10 35 Apr 25% Jan 29 22 Jan 3 36% July 19 44% July 17 30% Aug 26% July 19 29% Mar 12 2 37% Apr 26 9 19 610 r Apr 2 Nov 28 105 Jan 16 27 90 31% Dec 21% May 28 Feb 12 10 17% Jan 13 Feb 27 351 423% May 11 Rohm 4% 33% May 21 13% Jan 2 10% May 14 Gas Rohr Haas Aircraft Ronson Corp 39%Feb 12 60% Jun 10 Royal Dutch Pet' Co 36 %k July 16 30% Jan 40% May 16 Royal McBee Corp Dec 28 38% Apr 5 13 % Apr 26 28 2 20 33% July Ruberoid Co Nov 28 8 8% Mar 11 15% Jun 4 Ruppert 90 27% 80 71% Dec 17 97% Feb 3 Feb 13 155 Decl17 '38% Dec 5 52 60% Feb 78. Mar 19 112 > 137 2' 14 Feb 1 82% July 15 12 July 93176 30% July 10 Mar 22 July 17 46 % Mar 6 22% Jan 16 25 3 25% Aug 31 Jan 13 22% Jan 24% Dec 33 191 26 26% Jan 11 69% Dec 3 91% 66% July 17 74% Feb ' 5 235 ivAHl' 23 Nov 155 . 7 311.,. Aug Jan 5 215 Sep 40% Feb 83 * 12 17 29 % Jan 235 Feb 190 Feb , 8 18 Oct e8 July - 19% Jun 270' 277 a'' 90 6 11% 11% 11% 1st pfd 4.40% 2 Sangamo 15 23 17% July 1 Savage Jan 9 18% Feb 13 48% Feb 13; 23%.T"n % Feb 12 55 Apr 30 79 64% Jun , Jan Jan 13 57% 58 % 57% 58 57% 37%- 37% 37% 36% 32% 33% 32 Va 32-:a 22% 32% 32 3a 13% 14% 14%' 14% 12% 14% 10% 11% 10% 81% 82%. 81% 81%'' 2 < 23% 23 24V«,, 24% 2vJis 20'« 20% *66 % 4 40% Apr 89% Mar 29% Jun 14 28 Jan 7 83 May 1 35 Dec 28 44% May 30% Feb 11 36 Jan 4 29 16% Feb 13 17% Jan 4 54% Feb 12 80% July 10 21 19% Feb 13* Dec 28 23% Jun 7 12 $4 preferred 2 28% Dec~20~ 12% Jun 36% Jan 3 Jun 17 16% Jan 26% Ju;i 27 1 21% Feb 29 3% Dec 27 43 % Nov 26 7% Apr 27 63 Mar 15 42% Jan 23% Nov 15 50 Apr 16 39% Jan 4 59 39% Jan 20 July 11 59% Dec 17 8%, Dec 14 11 Va May 20 62 % Jan 10 13 100 % Aug Mar 12 3% Jan * 15% Jan 8 76% July 15 26% Jan 12, 27 72% Feb 12 22% Mar 13 18% Nov 29 29 13% Feb 14 15% Jan 21% Feb 7 45 3A Jan 19 55% Jan 4 65% Jan Mar 19 23 13 1 18 93 14 Sharon 29 % Jun New York Sheller 25 32% Apr 11, 42% Jun 24 49% Jan 17 Simmons 89 72%-May 8 54% Feb 12 68% Jun 8 6 Sinclair Saw & Steel Oil 73 Dec 17 61% Feb 13 80% May 27 Skelly Oil 67 Aug 3 60% Jan 21 r Smith (A 3 46% Jun 7 16% Nov 29 32% Jan 12 49 % Sep 64% May 10 24 July 10 12% Jan 24 20 18% Jun 6 7% Dec 13 17% Jan 12 45 Dec 21 243A Jun 20 20% July 31 53% Jan 16 35% Nov 15 33 Dec 12 40 % Jan 54 Va 45 17 'i8 21% Jan Solar 2 23% May 51% Feb 31% July 18 32% Jun 11 39% Jan 11 35% Jan 25 45 % Jan 51% Jun 13 Nov 21 11 23 20% Jan 2 29 Jan 31 33 % Apr 18 28% Jun 25 33 3A Jan 23 39% Dec 31 38 % Apr 1 58% Mar 23 42% Feb 12 46% Jan 10 49% May 16 20% Jun 1 40 Mav 28 45% Jan 8 17% May 10 19% Feb 4 91% Jan 78% Apr 81 44% Nov 29 38% Oct 1 17% Dec 84 Dec 6 26 24% May 15 17% Nov 20 4 38 May 28 Dec 12 47 3A Jun 25 95 Va Nov 30 16% Nov 1 213A Nov 29 96% Dec 31 11% Dec 19 70% Dec 28 22% Oct 1 Mar 16 4 2 10 28% July 19 26 21 15% July 16 Jan 17 6% Sep 4 63% Aug 17 73% Jan 18 103% Mar 6 24%, Mar 20 29% Apr 2 105 July 17 16% Jan 3 83 Va Jan 17 31 % Der 7 For footnotes see page 20. Jan 22 4% Mar 27 40 25% July 10 May 27 49V4Julyl7 32 Jan 6% Jan Jan 45% Apr 25 61 July July Aircraft 7 28 8 7 a 5.000 75% 3,800 12% 14 14 3 a 26% 26% 26! a 2 TV 4 27 27 28% 28% 28% 28% 27% 28% 14% 14 7 15% 14 3 15' 13 27% 12% 26% 27 27% 27 Va 28% 14% *14 4% ( 14% 14% 14 " 4% 5 4% 66 4% 72Va 4 Va 4% a 65% a 4',4 4% 2.100 4 3,600 4% 15.300 68 67 66 2,600 83.300 1,360 74 % 70% 73 3a 74% 16% 17% 17% 17% 17% 17% 18% 4.400 17% 17% 17 53 53 5° % 53 53% 2,900 53% 53 Va 52% 53 53 47 40% 46% 46'A 45% 45 V a 45% 7,700 46:% 90% 89 28% 29% 28% 20% 20 3 12% 12% 12% 9! a 89% 89' 28% 28% 28% 20 Va 20% 20 20% 12 Va 12% 12% 12% 12% 30 20% 12 3 a * 4 9Va 88 Va 28% ' 29% 20% 2 8% 89% 30 30 30% 301/8 9% 89 90% 89 45! 9'A 4 45 Va • "■* 9 9 9 9 * 30% 30% , 9%> 5,500 89% 6,200 28% 28% 38.000 20% 20% 1,900 12% 4.700 30% 2,000 43% 43% 43% 43% 43 "a 43% 43% 43% 43% 74 % 74% 74% *74 Va 74% *74% 75 75 75 62% 5 63 % 63% 631 63% 62% 71% 707a 71% 70% 71% 87% 87% 88% 87 88 8,400 52 % 50% 51%. 3,200 18% 18% 2.400 4 64% 637a 63 643a 71 V 71% 71% 83% 83% 10 52% 53% 51%. 52 51% 51% 51% 18% 18% 18%- 18% 18% 18% 18% 18% 5 15 : 71 % 83% 64% 65% 63% 64% 16% 17 Va 16% 16% 9% 8% _1 19,400 4,200 33,900 62 % 1 9 ' 63% 6lVa 62 3t 61% 62 3 A 16 Va " 9 : 83 83% 4,100 400 a 16% 16% 16% 16 Vt 16% 5,500 8% 8% 8% 8% 8% 8% 6,000 21Ve 21% 21% 213« •44Va 46% 31% 31% *33% 21% 21% 21 % 21% 21% 21% 44 44 Va 44 44 44 44 32 33 33 Va 32% 33% 33% 33% 33%. 33% *33% 48% 48% 48 % 48% 48 Va 32% 34 3.000 46% 200 31% 31% 4,600 33 Va *33% 33% Va 47% 48% 24% 25 48% 47% 48 25 •44 400 8.900 13,800 25 24% 25 Va 29% 29% 30 30 30 48 48 49'A 48% 49 47% 48% 16,400 45% 45% 45% 46'A 45% 45 Va 45% 45% 4b 45% 20.500 No par 43% 44% 43% 43 Va 43% 43% 43 3 13.100 No par 20 Mobile & Ohio stk tr ctfs 100 18 18 Va *78% South'n Pacific Co (Del) Southern Railway common 5% non-cum preferred Sparton Co. & $5.50 pfd $4.50 Inc common preferred Square D Co common 44% 18% 18 Va *78% 81 ' 18 18 *78% *78% 81 30% 31 % 31% 30% 31% 30% 16 I6V4 15% 15% 16 Va 16 Va 15% 4% 4% 4% 4% 4% No par *45 Chemical Co common « 4.20% preferred Spencer Kellogg & Sons Spencer 43% 18 81 1 2.50 Corp Spear 18 a 31 (A G) & Bros Inc Spiegel 11 17! 75% 13 % 46% 12% Apr 72'/a Jan 17 78% 13% 24 7 July 35% Jun 17 % 77 13 Va 29% 92 1 17 78% 47 Sperry, Rand Corp $4.50 preferred 12 17 Va 78% 13 24% 9 11 17 79% . 27 % 13 *27 13,500 29% 14 63.% July 17 3 a 79 33% 46% 19 Va Jan 28 Va Feb 17 79% 150 33% 33% 6.100 81 % 29% 94Va Jan 25 17% 33% 33% 31% 81 24% 28% July 15 98% Jan 15 10% Jun 17% 79 •- , 20 31% 83 *81% Southern Co (The) —_5 Southern Indiana Gas & Elec_No par Southern Natural Gas Co 7.5o Feb 1 33% a 83 24Ta 15% July 16 5 34 32 3 32% 32 % Va 30 3 Co 20 12 33% Spalding 65 < 34 Southwestern Public Service Co—1 3 31% 33% 18Va Jan 10 31% *81 Va 33VaMay27 Jan 91 17 ' 97 83 South Carolina E & G Co com._4.50 5% preferred 50 South Porto Rico Sugar com —5 8% preferred ; 25 Southern California Edison 25 2 82' *94% 73% South Amer Gold & Platinum 13 *80% 97 Va 1 65% July 15 July 16 82.- *94% 25 13 18"% Jan *80% 96 _10 47% Feb 44 \'85 96 43% pm"h.pnrnna Tnc Smith-Douglass Co Inc Socony Mobil Oil Co Inc 6 *82 97 30% Corp 55% July 2, 20% Jan 11 lOVa Jun 85 No par Co O) 2 18 10,200 *82 *94 50c 1 : 17 19% Jan July 27 Corp 35 Apr 16% Jan 16% July 17 7 % Mar 6 62% 61% a No par Co Simmonds 29.800 61%- 1 . 73% July 15 Jan 46.000 20% 61 £ ordinary Corp 5 12 96!» 19% 61% 32% 7.50 Apr 26 '.sov 94% 19% 61 *81% ,_1 Sheraton 50% Feb 10 shares Mfg 95 Va 19% 617 81*2 No par No par Gi Oil Co Shell Transp & Tr— 30 93% 19% 01% 32% 2.50 Shell 10 21% Apr 93 19' 81% 1 Inc Corp (Frank 90% 19% 95 No par Industries Steel Shattuck 92% 19% 31% 1 1,800 89% 95 3 : 2.400 15.300 22% 85 5 — preferred 52% Jan 24 24% Jan Co 15% 21% 1 Shamrock Oil & Gas ' May 21 17VaJan & *15% 22% 2o Corp of America Signode Steel Strapping Co 35 % Mar 26 55 % 88 'Feb 12% Apr 27%'Feb 6 $4.50 Shahmoon 2 61% May 13. 58 Va J an 2 9% Jun Roebuck 33% *82 5 Seiberling Rubber Co Servel Inc common 9 6 7% Mar 12 8 Sears 20% 38% 15% 25 100 Corp 3,200, 20% 38% 22% 20% ; V 100 89 ' 20% 38% 15% 93 : *88 ••,;. 20% 22% 19% : 19,609 33% 33 15% 91 Va 62% 10 205 * 20% 38% '' 61 % *180; 22% 15% 15% X22 % > 100 67 23 16 23 Corp. Co Sealright-Oswego Falls 3 5% July 7 Feb 49% Feb 44% Jun 9 24 Oil Seagrave 29% May 22 29% Jan 7 25 3b Jun 19 Seaboard ' 7,400 20 265 Vv 89 > *88 - % 20% . 15% 15% No par No par » : " 22% Seaboard Finance Co 70% Nov 26 16 V* Nov 523A Oct 25 7 20 Va 38 Va 600 33% 33% 89 *87 J '38 5 Seaboard Air Line RR Co Mar 33% Jan '• i 20% 20% 38 % • \; "88 88 - 20% 38 38 No par Scovill Mfg Co common— 3.65% preferred 102 20% 33 %- 24% *250 205 .. 100 "9.600 *65% v 250 •180 *]•»"« v 2°r*•>•-33% -33% 2<W ■ 33% 89 *86 1.100 *180 33% 250 2 65 *250 3V 31% *23% 33% 67 *65 3 a 66% 66 % VI 265 1 Jan 21 75 33% —5 ' 205 *180 15c _1 12 93 265 *250 20% 20% 20% 20% *66 '4 -. 31% 20% —100 _1.40 Dec 182 32 % *250 3l0 81 * 31% : Dec f lj.uuiJ 17,200 81% . 81 *172 *23% 67 7,700 3;100 ■■' i *- a 82 32% " i 202 81% *170 23% I 78 81 81% 30%; 82 176 31% 31 % 10 33% Dec 105%'Apr 82 No par Paper Co common $3.40 preferred ?' 7 185 *175 No par Scott 14 Mar 86 ' 182 23% Corp Schering Corp Schick Inc 1. '• " 176 82% 81% 82 80% 62% 81% *172 32 series A_ ... 37 3 4 33% 37% 32% 24'a Schenley, Industries Inc 96VaJulyl9 22 '/a Muy <29 40,300 59% 37% 10 Electric Co Arms 58;:-4 58% 36% 31%; St Regis Paper Co common '■—J 4,aU0 2.500 37 Va r - ' 11% 59% San Diego Gas & Electric Co_i_-10 ., 39% May 75% Mar 19 3 Feb 96 26 95 Nov~29 77 % Dec 2 ; 28%. 11% 28 11% St Louis .Southwestern Ry Co 100 '. 5% noncum preferred— —100 ' 23% Jan 29 16 57% Jan 48% Jan 9 28 63% Apr 20 May 23 44% Feb 14 May 27 205 Preferred series A 5% ; 31%" Feb 16 22% Mar 13 32% May 10 7 23% Aug 22 '37% Mar 29 18 25% May 24 May 23 105 19 12°A Jun 2 17 60% July 31 9 Dec 18% Jan Jun * 96 .. 28!a 27 Va 58%» 5 10 —100 4% preferred——.—; 4.30%, conv preferredSt Joseph Lead Co St Joseph Light & Power St L San F Ry Co com *93 '• 1.620 404 400 96 *93 5 . Safeway, Stores common " ' 403 % 400 > • 14 Nov ,30 50% Feb 30% 11.300 1 — (Jacob) 3.100 31% 11% 11% 11% 27'a 30% 27% 28% 27% 28% 400 46 26% 11% —.— (The*, 96 GOO 36,100 30% 27Va 30% 407 *93 96 v *45 46 27% 30-% % 30 397 *93 35% a 3.800 6 5% 36% 32% 1 20 Guilders 1 , 44% Dec 31 8 400 *93 i—1 Corp 9 Feb 394 25% 36 3 *45 27% 31% 393% 20 IOC 36% 44% 4.100 28% *25% 5% 5%: 27% 406% 30-%. 30% 30'.j :—5 25 *28 25 3.700 1 4 28% ■; 35 % 27% 68! 68 68% 68% *28 44 % 44 42% 27% common 27 % Feb . 41 % 27% preferred series A 35% Nov 29 29 41% 27% 2%. 35 % 35 "a 33% 33% 33% No par Axle Co Co 6 C —25 El Corp' & 2% 2% *25 Controls com—1 preferred conv & 2% Corp Rockwell Spring & 8 May 29 96 91% May 16 24%-Feb 12 13 5%% Rochester 5s Trust Corp Robertshaw-Fulton v 5 31% July 19 25% Feb Feb 362% Dec Selection Oil 300 73 88 7 4 Va 66% Jan Paper 29,200 70' 73 18 17% Jun Riegel 54% 52% s60 73% 88 *73% 37 Va Mar 15 3Ve Apr <1,300 88 5 2% May 27 j? eb 19 11.400 25,200 43 Va 18 74 17% Dec 31% Nov 29 • 73 *63 73 > • 1 61% 43 Va 54% 54% 54% *73 73 43 a 60 7 61 Va 73% *73% 100 Co 43 43 60 % 43 *42% 9 9 9 60% 500 12% *12Va 12 Va 8% 9 60 61% 60% 61 Va " 8% 9 7 7 88 100 series 8% 9 43 10 Common 4 7,800 56% Inc 82% Jan 22 7% 6% 33 24 15,800 58% 37 24 10 a 24i a 12% 35% 87'A Jun 6% 23! 6% 28% 72% Jun 23% 57% Drug 2 23% 12 Va 6% 38 Jan 56 100 57% *56 56 12 33% 58% Mar 19 19 15 *26% 58% 6% 38% 69 400 *14% 12 37% 6 200 5% 5 8'A 46'A Mar 29 17 5% 50c 10 10 8% 5 1,700 ■ 22% 38 % , 1,000 9 14% 22% 23% -200 23% - .'5% ' 6 900 ; 27 *55% 56 *55% 56 ♦54 27 *26% 27% ♦26% 9 9% 1,300 33% 36 23% 23 ' 59.900 21% - *5 Va 14% *26 % 35% 65% May 16 23 36 < 1 Revlon . *41% 44 5% C'/a *14% 10 lo 5 100 Revere Copper & Brass— } 4 900 13:% 23- Rexall July 19 July 11 10% Jan 52% July 19 11 19% 19 —1 40 9 68% Jun 7 Apr 26 89 3A J&n 16 - *57% 2.50 Reynolds Metals Co common——_1 4%% pfd series A 50 39 42% Jun 70 Dec 21 2 51% Feb Aug 57% May 49 25 2 49% Mar 19 41% Dec 27 13% Apr 59% Jan 8% May 3 85 13 6 4 12 Mar 12 21 10 103A July 26 14 8% May 8 5 % Jan Nov 11% Dec 42% Feb 19% 58% & Stores Corp Reliance Mfg Co common Conv pfd 3%% series Republic Aviation Corp Republic Pictures common $1 convertible preferred Republic Steel Corp 10 19 57% 50c Reliable , 3 32% Jan 22% July 15 3 8 19 57 24% No par Inc—_ (Robt) $1.25 28 Feb Bros Reeves Mar 29 30 54% July 4 61 6% Feb 15% July 26 July 26 18 2nd preferred noncum 18% —5 50 50 50 5 1st preferred noncum 2 5% Apr 12 10% Mar 14 27 Jan Co 36% *66% 19 57 No par 1 2.50 - Raytheon Mfg Co— Reading Co common Reis 15- Inc Rayonier 2 22% July 87/a .. Jan Feb 38 31 30% Apr . com—No par :__No par ^ 5 1st preferred Ranco Inc Raybestos-Manhattan 10 44 % Jan $3.50 Ray-O-Vac 4 24 37% Sep i , 34% Jan 17 31% Apr 37% May 14 , 16% Mar 15 16% Aug July 19 13 20% May 13 7 59 % Jun 11 48% Feb . 11% Mar 14 44% Aug 28'A Nov 29 Dec 27 12 Mar 22 17 24 6 100 —1 50c 25 2 No par 5 4.'a 58 *89 4% 52 52 52 58 Va 58 58% 91 *88 91 *47 58 *88 60 58% 91 *50 " 56 Va *88 16 16% 16% 1,500 4% 4% 2,100 4% 60 57% 91' 15 Va 15% 25% 25% 92 Va 93 95 11 10% 11 10% 10% 67 *66 3A 34 33 Va 10% 31 93% 94 *93 67 67 67% 67% 67 33% 33% 33% 34% 33% 10% 2,200 30% 15% 15% 26 Va 95 *93 a 18 18 31' 26 15% 25% 43 81 15% 15% 26Va 1,300 30 *78% 81 25% 15 % 25% 30 10 Ta 68 34% *47 60 55% 57% 5,700 10 4,300 91 *88 15% 15% 3,200 Va 25% 141,900 25 *92 10% *67 34% 93% 130 10% 4,600 68 34 7a 60 16,700 «—}X 'i*: Volume 186 Number 5657 :The Commercial and Financial Chronicle (337) 25 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous •. . Lowest 1 / Year 1956 ... * / Highest Range Since Jan. 1 Lowest 36% Oct 2 7774 Ncv 30 91% Jan 26 674 Dec 26 12% Jan 6 4474 May 14 r 37% Jan 2 9 82% Feb LOW AND HIGH SALE PRICES 13 Standard "• Brands Inc 2 9% Jan Standard Coll Tuesday July 16, July 15 43% Nov 29 58% May 48% Jan 23 65 49% Jan . 31 62% Apr 9 55% May 15 50 : . ; May 28 28 2 2 4 62% Jan 19 81 Aug 15 13% Dec 28 15 Jan 25% Nov 28 20 Vis Sep 1 16% Dec 31 17% Dec 11 Products 5% Oct 29 19 Feb 37% Dec 8 28 70% Jan 42 74 42 % 4174 4274 41% 42 74 42 42 7444 74 74 7 4 74 7 3 44 75% '«t:4 7o7'a 75 77 644 6% 6% 674 64a 6% 644 1 644 7 22% Jan Nov 28 66 ... 26% Jan 139 Dec 19 78 ' 26 10% Mar Nov 9 1,300 2 Dec 4 21% Jun 25 29 52% Mar 16 27% Feb 7 38 - 81 * 50% July 26 99 •: 80 •. Jun 8% Feb.-. 9 May 12% Dec 7 10 74 18 May 28 "6% Dec 2174 Nov 26 31 12% Jun 3 45 Feb 1574 May 4 1874 Dec 12 14 62 '* Dec 13 18% Ifeb 53% Ncv 29 6974 May 7 37% Oct 31 51 4 Feb 5 38% Mar 26 26% Jun 11% Jan 27 18% Dec 28 1574 Feb 12 25% Jan 16 3074 Dec 14 2974 Mar 33 % Oct 1 45% May 17 33 Va 6% Dec 21 1074 Jan 9 Jan 23 18274 May 9 34% Feb 10 20% Oct . 4274 July 27 29% Apr 16 1 v20% Dec 20 15% Feb 29% Apr 28 22 Va 16 July 1774 1774 17% 17% 1.744 17% *80 82 80% 8044 80 74 807-4 80' 80 79 79 7974 600 81 7974 8074 79 7974 78 79 78% 80% 8,900 5 5 15 23 11% Jan 19 48% Jan 14 Jan 26 23 80 Nov 1 86 Dec 19 104 Feb 13 33 Jan 23 47% Mar 26 23% Nov 27 23% Feb 13 1074 Jan 1374 Dec 5 43 % Nov , 27 Mar 29 15 46% 4774 46% 46 46 2,000 2674 26% 26 46% 26 74 46 74 2674 26 25 74 2574 5,800 8% Apr 11 17 14 3 Sun May 16 18 Oil i No par ^Sweets ' —50 <•34% Oct Co of America (The)—A46% Co 1 1_; i 25. Swift & 9 Sylvania. Elec Prod Inc ' 9 ■ . Talcott Inc 11 11 6 Texas Texas 1 (James) Co 9 • Gulf 10 Texas Gulf 19 Texas Instruments Jun 19 4 4.48% ;< Jan 9 21 15 26 Apr 24% Feb 12 :*/ 52 f^Nov 29 -i 25.. :Jan ,10 . 48% Jun July 27 '33% Nov 19 ) Apr Oct 1 36% Mar 12 27% Feb 25 21 % Jan 30 2974'Apr 12 2274 Feb ' 155e Apr 27 . 46 Dec 18 6 25% Oct 25 Jun 9 15 44 5% Nov 15 8 10 Nov 15 .14 --47.' 7 1344 Feb 4774 May 8 2874 Apr 2 17 30 Jan Therraoid Co ' I , *.H 1' • ' ' * f . r ' : -4% preferred Tidewater Oil Edison Toledo t 2 Jan 20 6 Jan Jan Twin - • 18 TXL A , 50% , 16 ' * • ^ 37% 49% 4,800 23 74 ' ' 23 13,300 85 37% 2,500 10,400 51 1344 13 74 1374 13'4, 13% 13'4 134a 13.74 13 74 4,100 52% 53 74 52 74 53'/a 52% 54 54 V* 557a 10,500 3644 37 Va 3644 37 74 37 3774 37 3774 37'4 3 7:% 19,100 147/a . 24 *49 23 7 2444 24 a . 51 *49 53 • 24 24 51 2344 *49 *49 42 51 49 14,000 1,900 49 24,800 100 3474 3474 34 3444 3344 34 33 74 3334 82'A 3344 5,400 2774 27% 2774 2774 26% 27% 26% 26% 26% 2644 8,400 1444 4,.'/JO 1574 J 5 44 15 14 • 14% 14% 14% 14% 1444 1444 14% 1444 147 a 144« 1474 1,600 3044 30 30 Va 29'4 2944 9,800 8 Va 8 Va 844 3,400 Corp—644 Paper Corp T No par & Materials Corp—10 Union Chem Union - Elec Co 36 49 8 3644 1227 a 2444 2774 ■. „ 123 74 1 *43 " t 48 , 23-% 8 »4 26 7 4 36 122 74 12374 24 25 2744 *41 47 7% ii 24 7 4 27 74 27 74 23'/a %4 7% 47 /: 23% *8 874 36% 36 36 123 27 74 91 . 7 y° 2344 1,000 33,400 3644 36% 3644 9,700 12144 123 »4 11,800 24 74 24 2774 90 74 23 '4 12374 li2',4 2474 24 47 *7% 23% 84a 122% *42 7% 7% 2374 23% 9,300 2774 27 74 23,400 90 91 27% 2774 90% 9074 common .—10 Preferred $4.50 series -No par *91 92 7a X91 91 Preferred $3.70 series No par *75 85 *74 85 *74 75 *74 75 *74 75 2 Preferred $3.50 series No par 7174 *7074 72 74 *70'/a 72% *7074 72 74 *7074 7274 82 *7974 81 80 80 81 58 74 5774 5744 57 3044 3074 3074 974 Alar Apr 19 • 8 Preferred 4% 2 Jan 14 115 Jan 2 4374 Jan 4 24 44 July 19 2944 Mar 14 100 Apr 15 744 May 20 9% .tan 9 5744 58 74 5774 30'a 30% 3074 (ser of 8% 84a 74 844 10,600 3074 30% 3074 30% 30% 30% 12,000 Co 5 3174 3144 31 :'4 3144 *31% 32 3144 3144 400 64 Va 59,700 5 preferred—100 92 90'4 93 3074 29% 3044 10,600 23% 2444 54,100 26% 27 27 2774 26 74 27% 7,000 *8.9% 94 *89% 94 26% 2674 *26% 26 74 6644 66 7 (Del)—No par 44 74 4474 44% 1 774 774 7 74 774 Dye & Chehiical Corp com—1 5% 5 74 574 54a 2974 29% 1 & Carton 10 Corp No par Co— (Del) Electrit Coal Industrial —5 Cos Mfrs 66 66 66 6574 6574 2,100 4474 4474 44% *45 4544 *4574 4534 400 7% 7 Va 7 7 Va 7 77a 17,400 574 544 5 544 5 574 11,600 29 28% 29 15% 16 74 16 Va 43% 44 74 34 74 35 74 34% 3444 35 1 16 74 44 44 3544 74 29 74 29 7a 900 16% 1674 15,800 44 44 74 27,800 74 34% 35 *34% 35 9,100 34% 3544 34% 34% *34% 3574 *34% 544 544 5% 544 544 5% 5-% 544 4,000 14 74 14 35% 34% 1474 14% 14 Va 1474 14 74 1474 14% 14 74 8,000 35 400 1% 1 % 1% 174 174 174 144 174 11,000 1 6874 7344 6974 7044 68% 71'A 68 74 70 V4 6774 69-% 30,700 8244 83 7 a C2% 83% 82% 83% 82 74 8374 8174 82% 370 3774 34 74 38 74 3774 37% 3,200 3444 3474 34 74 4,900 1% - 144 1 38 7'a 38% 38 74 38% 3774 38 3344 33 % 34 34% 34% 34 44 152 common—82 %c 8 4 U S Gypsum Jan 24 17'/a Jan 7 Co common Mach : 29% 1674 • 5% No par 4 100 65 74 Jun preferred *2974 t 1674 44% & Foreign Securities Freight Co__ S 66 43% Corp J S 5% 1,800 67 100 &■ Chemical- S - class A preference Industries Inc common 4 74 Co 2574 15% preferred U U 2574 44 74 544 U 7 2574 1544 Inc 94 2574 43 7 4 Corp *897/a 94 2544 10 5 12 29 26% *8.9% 1,400 2574 '4 Co—13% 3444 July 16 22 a 94 23% 26% 26% 2 5 Park City Mines Co (The)—1 Hoffman 66 2374 22 74 26 7 *89% No par United Borax 21% 1 2 Jun 100 92 2944 l%Jan Jan 120 92% Merch*& 17% Apr 62% *109 3044 United 45 74 2944 9 36 63 109 89% 15% Jan S 62 109 31 United 7% 62 110 74 93 11 U (i0 *100 3074 644 Jan 162 6244 1247a *3174 93 Improvement 39% Jun 6074 *104 32 8 3174 Corp_ 2 4 125 8% 95 74 Gas 13 63 4 a 3044 Gas Feb 6074 100 87 9374 Ino United 33 8 7 100 1956) conv pfd United 23% Jan a 874 0 Unlted-Carr Fastener S 32,900 30 874 30 7 Lines ttnited Corp 412% 304 3044 100 80% United Artists Corp U 16,100 874 384a May 8 38 Va Feb 19 7644 July 11 86% May 20 56% 3044 32 25 80 5544 a Engineering & Foundry Jun 80 5744 2944 10 United Biscuit' of America—No par $4.50 preferred—^—i-—'—No par United ~40 81 • —10 Air United 140 No par Aircraft Corp common 4% 30% Va Co_ preferred convertible United *80 common—10 Co RR non-cum 7174 25 California-:: 4% - No par series $4 of Pacific Union 4 152 Oil Union Fruit Co page 26. 5174 23 51 :■ ' 297 a United see • - 747a *80 l, 74 23 2374 51 76 74. 38 21 81 For 23 Va 3744 4&0 14% 85 *80 38 74 14 74 14 74 United footnotes .\ 757-a 85 3744 74 20% 9 7 76% t *80 39 74 14 874 11" 12 1474- 74% 85 38% m* 14% 11 Mar 19 747« *80 3944 .. 2974 1674 Jan 14 74 Feb 74 74 7474 85 3974 ; * 74 35 % Jan 29 " 1444 47% Jan 43 74 Jan J*-- 307 a 8 49% Mar 16 > 844 12 44% July 20 19% Mar 22 * 1474 24 89 ., 400 / 144'a 1374 Feb 15 47 29% • •- 28% Apr 14 *46 52% 1. —1 43% July 16 Nov 147 .4 47 5 18 Nov 7374 *81 1 55 15 * *14 50 (conv): 16% Aug 20 42 14 74 *46 1 No par Corp 36% Dec 4 47 Va 5144 Asbestos & Rubber Co 17 Dec *48% ,3,800 13 4e 50 UnV>n Jan 35 1244 4774 1,310 2444. 12% 51% --.5- Udylite Corp (The)— Underwood 8 1 2444 1244 2 11 46% May 10 2444 12 Va 79% Jan 5 July 15 2444 13 74 23 74 (The) Corp 5 Apr 2444 13 Va —1 Oil 644 Jan 8% May *24% 13 74 2344 5 51 % 2444 13 ■*4674 24 74 3 152 *2444 1374 4774 'I.*.. \ Mr 2444 1374 60V4 2344 Jan 1 12,700 % *774 Jan 2 357/2 59 77 a 7 Feb 1,200 2544 61 7% 23 Aug 18 74 257'a 6074 74 Co—-— 14 77 184o 24% 5974 *47 74 Coach 20 22% July 19 187 a 25 59%. 1 Twin 27 181 I8V2 2444 6074 City Rap Transit com—No par eonv. prior preferred —50 5% • Dec 3 1844 2544 59 51% Tung-6ol Electric Co _v-_ 1 Century Fox -Film;—i 6% Jun 27 1844 24% 23 20th 41% Dec Dec 9,200 500 Carbon 15% Dec 14 Va 1,500 United 52% Nov 29 1444 24% 13 155 14% *2344 7174 Jun 3974 May 9 28% Oct 24 1474 24% 11 9 14% 52 74 : series 5844 Feb 23 1444 18% 53 '/a Preferred July 12 29% Mar 1 2444 *47 300 15 preferred series A 50 ■—1 50 63 63% 153 74 *29 74 15 *43% 8% *29% 32 15 62% 153 8% 74 44»'2 63 154 8% 31% 15 15% *43 % 44% 62 74 *153 9 *29 74 15 *4374 62% 157 • 944 32 15% 44% 6174 *153 9 *29% 15 *43% 61 % 62 7 a 11,900 974 8% 9% 19,100 30% *29% 30% 62 153 157 157 15% 15% 1544 74 *43% 44% 44 90 10,600 . i i 7,400 14% 1844 *5244 2 10 14 . 3,900 4544 53 >4 7174 Mar 26 20% Aug 744 139 45 74 20 28% Jan 744 *132 4674 63 4874 Jan 8 744 139 4574 5374 Board May 23 7% *133 4644 *5244 United * 7% 135 46 V2' 5244 2744 May 16 % May 7% 135 464-1 5244 28 1 74 6244 19% Jan 55 9,100 5 preferred 9 344 Mar 26 46 23 74 Truax-Traer Coal Co common > j 1,200 37 52 % $2.70 28% Apr 31 4144 3644 33% 14 1% Dec 41% 37 33% 6 13% Feb 4174 3644 1444 2d 29 41 3774 *41% Jun 19% Feb 4174 33% Jun 12 2344 2774 28 Va 43 Va 9 82 21% July 17 14% Dec 12,800 74 28 14% 26 2 11 28% 27 14% 95 5 Va Apr 33,700 ' 3344 24 6 27% ' 43 "20 14 28 ! 14% Feb Feb 10,100 Jan ; 10 34% July 12 % 34 United 744 Jan 25,200 42 43 90 % Jan 35 Aug 14 41% July 30 74.74 42% 14% Drill 23 73-% 43 74 3374 Twist 5% Nov 20 7,600 74 V* 43 38 Union 28 % May 11 48 74 73% 4.344 1444 33% May 16 '35 % Jan 4744 7344 43 48 it 42 1 5 48 74 7374 43 7 2,100 lo,800 3474 Car Mar 48 73% 43 74 500 6 14 Tank 8 49 73 74 44 74 6 33% Union 12 48 74 544 1 40 29 ' 4844 ' 1444 31 13% Jun 1944 2,800 34 3144 Jan 43% Dec 1974 1974 *19 20 10% 43 74 8 21 84 10-% 1444 6 11 *8274 1044 43 74 26 July 18 114 10% 3344 26% Apr 774 Jun 39% Mar 8,800 No par 27% Feb Mar 21 7,300 7374 51% Airlines-Ind Wbrld Trans 36 62 100 3574 4244 4344 No par Transue & Williams Steell 1074 May 10 6 *82 1044 2 4 74 34% 42 Tri-Continental Corp common—_1 -. 5 207/n Dec *23 74 35% 43 10074 Jan July 17 32% Apr 1974 6 23 74 (The) 22 107 2474 > 74 2 Co Jan 7 *23% 13 74 674 25 (The) 64 Va Jun _ 23% 19% —10 $1.20 preferred — Timken - Roller Bearing.- < 12 2U 3,400 12% 100 — 80 s 3,200 38 74 19% *5% :—15 common ol% Fed . 25 37% 13 7-4 Thompsoh Products Inc common—5 • 2 Nov ,"'■■■ "* ' ' ^ ■ (J R)__ Thompson 29% Apr . ' *• • 5 Dec 2474 38'/a 12 74 '*$2.50 convertible preferred——50 Jan __ 24% 37% .5% No par 1 common.—x. 65% Apr 93 *19 1,170 2444 1244 4874 No par Fair The 104 2b 1944 6 57% 10 26% Jun 1944 24 74 29 25 7ii 9 17 1900 2474 3974 : 1044 1074 5744 preference—. conv Transamerica. Corp_: 8% Apr 9 18 83 10% 24% x$2v40 1644 Apr 29 3344Jun 26 11 -44% Dec 83 *82 1174 1844 41% Apr 24 2074 Jan 4 30% Jan 28 121 Va Dec 84' 84 11 15 30 . 42 18% 52 23 35 4344 14% 83% •Nov 10 35 4244 1875 164,700 544 10 common^— 15 3574 Jan 3474 4374 50c Inc Feb 10372 Oct .23.44 3474 43 74 12 12 74 conv Carbide 60% July 16 July 18 85 74 July 17 24'74 3474 1895 1,100 Va 24 744 Bag-Camp 109 *82 *23% 4344 11 1,900 3874* • 13574 Union 18 1865 35 74 4244 7% 91 Dec" 17 1900 23% 3474 13574 Union Dec 1880 2474 39%" 7% 20 96 Va 1950 •2474 47 Nov 166 974 -39% - 13574 78 61% May 25 113% Jan 23 3944 744 9 9 2544 3974 ♦23 74 844 4674 11 30 24% • 874 1895 1357a Jan Apr 8% 100 Jan 39 Va May 1274 - 2000 2,000 3474 7044 70% 6 ctfs ex-distribution—1 Jan * 1174 8 *34 3,800 36,900 13 Oil— & Pacific Ry CO—: 93 1 1044 f- 1860 37 30 1 7074 4174 112 11 69 74 37% 5 Oct 69 Va 4274 18 Oct 69 3774 27 8% Dec 34% 6974 69 42 81% Oct 28 *3344 69 74 3774 92% Dec 29 34 74 4274 25% Dec Jan 33% *33 74 3774 ?6%'.TuJv 19 July 34 74 4274 12474 July 10 7C 74 34 preferred—; No par Thatcher Glass.Mfg Co fcommon,—5 13 17 12 * Jun 21 -,8 No par share $1.25 27 10% Jan 12 80% Jan 28% 214a preferred series A—25 16 90 27% 21% 2844 12 2674 Jan 76 28 Va 21% 76% 28 Apr '/2 Feb 7474 2744 21% 28 100 % Feb 20 7674 28 74 2174 Pacific Land Trust— 12 50 ', 3 133% July 17 29 76 27%. 2174 27% Textron 37% Jun 12 574 Jan 76% 2874 2174 2844 2 3o% J-oli <•' 23% July 17- 23 % Feb 23 77 27% 2874 Utilities Co_ 61 Mar 15 ?' Mar 27 Apr 7644 2744 & 3174 Jan July 16 Apr 23 1674 Mar 19 26 21 '.7, 35%. Jun 13% Feb 31% Feb 11 1474 Jan 18 207 8 Nov 108',4 Jan 26 52-.' Jun Apr -25 ."**8 Dec .. 7774 21% 2844 Trane Co 57 8 ■64 17 87 12% ^^No par Pacific Sub 50 v July 9 3474 July 16 V 22% July 2 48% Jun 26 52 % 1,900 5,900 *80 27'74 28% Texas 25 34,000 56% 14 > 2844 Texas 13% Mar 20 ' 24 27 ; > 37 87 2844 5574 July 19 • 26% Feb 11 59 Feb 5344 Juh < ,13% Jun 20%, 28% July 23 *85 *85 28 2 14% .July 16 \ 12 2&74 Mar . 31 24% Feb 87 1 4 15% Apr 12 53 4 30% Oct 16% Nov 29 .20 5 *85 7 56 14 74 48 common Texas July 18 24% Jun 5 35% Feb 14 6% 57 14 3% : Inc Coal 774 5644 14 74 25 Sulphur conv 644 57 14 13 74 _2.50 Producing Co_l Jan 674 56% ' 300 1244 1 —_1 : - 74 " * 2 — TelAutograph Corp Temco Aircraft Corp_-_ Tennessee Corp 11 3 30 47.50 conv $4 preferred j. _r__ 1—No parSymington Gould Corp 1.—L— 1 8 31 61 20 45% Apr 1 1—5 Paper Co——a__ 6% 14' 6974 1-12.50 Steel. Corp— 87 .77 7* 57 13% 34 30 4IOC 644 5644 •> 25% 5,300 27% L-il_ —25 Sutherland : 1474 74 2174 ... 1 common Mining Co—* Oil, of California- Superior Superior 7 57 ♦85 No par Biscuits Inc Sunshine 644 5674 1374 . 46 " ' • 1 1 preferred series A—\ Sunshine 14 1 25 Va Jun ■ 1 i, 574% -2hdpfd series of '55 May 17 Jan 1 l Co—— 4%% •-■;, • Mar 20 Jun No par * Sunray-Mid-Cont Oil Co 11 ( 1 t Studebgker-Packard Corp Sunbeam Corp -U-_— .--I ./Suft Chemical Corp common •"<*••; $4.50 series A.preferred-j 16 1 13% Jan 3874 4774 < 4074 Feb 5,300 2674 8 7 2374 47 89*44 May 5174 Nov 20,000 23 39 yStorer Broadcasting Co 95 Va Apr 18 4274 May 27 Jun 33% 2374 39 1,800 9 15 23 33 23 3974 17% 3 2 49% Jun 33% 23% 39 174u 12 July 33 % x2374 3974 18 83 . 33% 23% 74 *17% 69 Va- Feb 3274 Feb 3344 23 74 39 1744 ' 10% Dec 500 34% 2344 5 17% t > 13 Va *1774 21^ Jan 4474 Jan 25 Mar 28 13 74 Stone' & Webster—-— 874 Mar 15 a 25 ,51 " 1344 8 May 49% May 21% Jan 28 July 23 237/a *13 74 2,100 160 21 Ai 3574 34 1344 1774 45 , .; 10% Jan 3474 *1374 19 Va 40% Jun : 11 Va Apr 13 74 39 33' 10 17% Jan 13 74 1774 31 Va Jun ■ 29 47% Jan 1344 18% 49V2 May 13 % Apr 18 % Apr July 10 1374 19 74 76Va Jun 9 54 V2 July 10 1 . 17 74 1774 60% Jan <• 2 1374 July 31 14Va Apr 4 ,17% 17%. 39 8% Jan 2 20 5,600 17% lo Fuller Co_ &; 18% Jan 38% Jan il% Jun 17% 1774 . 13% 20% ' 5 47% Aug 21 11,800 17% 6b 1774 ; May 14-, Apr Apr 16 7% Jan 134 17% 1774 17% *8444 —No par (The) L S Texas 150 6,400 100 17% 1744' 85 Va 3874 46% Jan 7 32 88% 58% 1874 * Apr 5874 *84% 5874 85 74 1774 89 < 5 28% Dec 67,200 57% 86% 67; 58% 86% 17% 18% Stix Baer , 27% Jan 29 43% Jun 17 6 14 66% 58 74 18 6644 58 74 *8574 8644 1774 42 , July- 8 1274 July 17 4774 July 1 54% Feb 12 74 58 P) & Co Inc Stewart-Warner Corp__ 2,000 July 15 27% Jan 2 19 574 Jun : 6674 59 *8574 1 .]Stevens (J .. > 6644 5844 100 Sterling Drug Inc J 1274 July 18 /' ": 14 67% -10 common 3,600 18 74 11 55% May 10 39,900 18% 38% Jan 8 9 3o,J.U0 52% 67 1774 24% Apr 2 13 5i> *,a 52 74 6744 17 74 i/v 93 13 26 374 5u J, 4 6774 1874 16% Jan 2 8 2174 Feb *374 53 7 7'4 57 % July ' Dec 9 Dec 42 '' 1 35% Feb 12 •V 2?74 Jan 21 32% Jun 5 t- 39% Feb 11 July 3 74 58"/4 52% 17 V ,v 12 Jan 3 74 58% 53 18 74 50 19 Feb 21 . 1,210 3 74 5974 52 74 17% 29 74 674 Mar 374 58% 54 ' 1774 12 •• 374 5974 527/o 1844 13 30 Va Apr * 2 35 % Nov 7 *374 5944 5374 1744 ',72% Feb 227a Feb Mar 22 3% 5944 53% 5 i Feb 82'; Jun 33% Apr 6674 Feb 480 4,400 Stokely-Van Camp Inc commona 1 57c prior preference— 20 6 ••.20% July 2 2,900 644 59 -.6.25 - Warner, Corp— Starrett Co July 15 8474 Jun 6 6% Dec 940 % 6 Feb Feb 13% July 30 y» July 31 7 34% Nov 46 Ohio .Stauffer Chemical Ce__ Sterchi Bros Stores Inc 197a May 21 3 ...6% Jun 27 23 22 34 Nov Jan 374 . 25 t —— preferred series A Ry Equip Mfg Co Stanley Shares 42% California- of the Week 4144 "..Standard 18", a July 12 12 ,25% 344 %. Friday July 1!) 297/4 Apr 24 2 17 Feb of Oil Standard 8 23% July 15 4174 Apr 23 18% May 15 5 26 3(> ' * , 29 82 31 35 74 r . * Atlg' 6 15% Mar 15 7 Jan Jun 10 May 16 1374 Jan 13 17% Ffeb 50 Jun 85- 25 Feb 17 . % Aug 24 £ 101 % Feb 3174 Mar Oil Sales for Thursday July 18 . "73% Inc Co ".Standard Oil of Indiana— Standard Oil of New Jersey ;83% July 12 15 17 4 31 10% Feb 13 % May 28 Dec . 94 distribution Standard t 18%'July 12 j.' 1872 May 27 26 20 : 3 22% Aug 8 20% Jan 26 31% May 28 22%Fe'o 9 89 62 74 Jun 3 18 Feb 25% Feb 27% Mar 12 17% Nov 27 1. Jan 13 7 39% Apr 21% Jan % Jan 61 25 31% Nov 14 30% Oct 32 - 26 14 an 68,%.July, 5 12 Jun 3 65% Dec » 87 147s Jan 51% Jan ■ .."47" a Feb Ex July 16 02V4 J 12,s 2 15% Aug 17% Jan 43% Jan 23 *. •' 100 % Mar 23 12% May 29 13% Nov 21 . 374 May 22 59 7a 5U% Mar 26 53% Feb ' 88% Dec , 4 Aug 14 July 1) , No par Standard Gas & Electric Co— 3% May 16 '43 % Feb 12 Wednesday . No par com $3.5*0 preferred, 11 Monday * ; Par * .72% Jun 26 6% Jan STOCKS NEW YORK STOCK • ./EXCHANGE 42% May , V, :*■ Highest ' Commercial and Financial Chronicle..... Monday,. July 22, The . 26 (338) -f NEW YORK STOCK EXCHANGE STOCK RECORD 30% Dec 11 87# Jun 15 •• 28 Dec 01 70 81V* Dec 31 Dec 26 Jan Jun 83 1 17 71% Sep 56 Jan 4 58 Dec 28 10 Mai 09 73% Dec 23 54 Va July 9 31 Dec 20 16 Feb 10 7 12% Jun 23 13 9 7 27 18 Jan Jun U S 15 36 22 1 Ref &i Mln com—50 50 16% Corp common preferred Tobacco 7% ; Co 48% 70% 141% 100 No par 17% preferred—2p 82 Dec 2*7 99 Mar 23 80% Jun 13 87 Jan 21 United Stockyards Corp 1 United Stores $4.20 noncu 2nd pfd. 5 $G convertible preferred No par 6 Dec 31 10% Au« 3 26% Aug 15 0% Jan 7 10 Apr 17 United 17 7 '}a Dec 13^2 Dec 26 474 Feb 4% Jan 9 - 23 41V* i' eo 65 41 2 38 Apr 155 Feb 4 30% Jun 7 39 Apr 167 Feb 31% Jan 6 24 Jun 29% Mar 12 12 20 Dec 20 82 Va Mar 29 68 24% Nov 12 26 14 24 Dec 55% May 21 17% Jan 3 2o-># Nov 21 37 V* Apr 6 Jan 40 Va Dec 20 129 Feb 7 preferred 4V*% 12 10 Utah Co Inc preferred Power 100 147* 14 2.50 26 34% Mar 26 253/* Jan 18 33% July 15 94% Apr 24 78% Jan 15 84 21% Nov 13 38% Apr 18 193* Jun 27 25% Jan 105% Dec 20 Jan 6 105 % Jun 26 128 2a% Jun 104 Dee 18 116 Feb 13 97 V* Jun 93 Oct 30 103 Feb 13 78% Jun 85 Dec 28 106 Mar 87 8 par 197* .100 *106% 28 20 % (- 83 May 29 98 Jun Feb Dec 31 103% Feb 17 83 17 11 79 V* Nov 27 60% -Feb 11 9 33% Jan 16 Mar 13 $4.12 preferred 'irginian Ry Co common 32 . July 11 37% July 11 May 20 24 %, Jau 12% Dei 2l 11 27 14% Dec 27 14. ulcan Materials Co 82% 210 8% 1,800 200 38 V# 33 V# 37 V* 138 37 V* 36% 37% *33 Va 33% *33 Va 33% 27 *26Va 70 V# 25% 26 45 V# 45% 87# 2674 137* 14 7 697* 280 257 a 26 V* 3,200 87* 87a 3.300 44r% 4474 45 44% 87*- 8% 267k 50 400 09% f ■ 26 V* *25% 700 27 *26 Va • 70 70 70 V* 9 1,600 - *26 y* 26% 26% 26% 137a 137# 13% 13% 507* 1,400 51 a 517 k 507# 527* 517* 27 1,200 138 '137 138 *137 138 *26 '• 4,100 47a 79 *78 79 *78 18 *4% 4% 4% 4% 79 8Va *16 18 * 45,500 6,200 " *123 *123 *123 *123 i — ' — 33 7 327 k 32 3a 32 32% 3174 k •75 .: 82 ' *75 82 20 20 20 109 109 107 19,500 20 107 10774 *106 74 237* 10774 237a 23 23% 23 74 81 *8572 89 *82 8374 - *'82 92 8374 ' 37 2874 37 V. 28 3774 287* 23 117# *11 *11V* 12 99% 997a 290 81 *8074 81 89 *82 *89 92 *82 83% 88 88% 1.300 3,300 8374 .. '89V4- ' 9074 ' • 36^%f" "3574 35% 28 V* 28% *28 2874 11% *11 1174 17 1774 17 V2 18 *11 1174 1 ' 17 V* 177* 1774 1774 *1774 18 V* *17 74 18 74 %. 10 3574 28 " 200 101 89 9174 -017 a 367k 36% 9274 3.100 36,900 ' 927* - 23 3 k *8074 *8074 81 * 2374 237# 100 10074 10074 10074 89 8374 2874 18 197 k 1774 1«% 18% 197* 18 187# *05% 53 - ■ 13% - 29% 8074- 6774 53% *05% G7 65 51% 53 V# 52 V# 527'a 13% -13% 137* 137* 137* 297* 29% 297* 817* i.8lVa 817a 1 *31% 8Va 8% *16 *123 *85% 37 -16 77# *123 *8074 *1174 common— 7% 81 Va 81% 8% 33 V* 3374 100 -10 preferred 400 1,800 7Va *10674 -25 convertible 5 V# 13% 7 17% 4% 33 *13 20 9274 -10 i) (w 82% 10 *32% 13 Va 13 Va 77# 2,300 17% 33- *32% 13 V* 2.900 142 17% 17 Va 17% 17% 33 37 V* ' "'*82 1407* 20 86 .100 142% 20 81 *8574 -25 __ preferred May 24 20% July 11 3 20 14% Dec issued ■ ! preferred W'/o 12 V* 7 Jan 10% Dec When 6% 32 24 Va Jun ] 1 Mai 11 20% July 11 27% Jun *8074- 59,500 82 23% 100 ^ 600 70% '75 100 .100 preferred $4.20 preferred 55% 69% 19% 109 100 55% 70% 141% 143 *78 3,600 55% 69% 82 207* 100 preferred $4.04 1 Mar 94 28% Nov $5 Mar 27 93 46% Jau 12 *55 8Va ■ *75 82 237 a —8 May 22 7* 1,230 2,400 50 81% 52% 12,100 - 22 Va 48% *16 10 , 143 22% 50 V* 77# 1474 32% 337 k *75 Apr 22 124 21 21 32 .100 142% - 22 V# 50 13 % *123 '123 —5 6 Mar , 142 • • 46% a 22 V# 9 *123 *123 .100 20 12 28 142 300 7,400 - 97 461 49% 26% 517# 537* 517# .100 *94 467# 22 Va 4574 8'a 53 V* July 15 142 17% 45% 26 V# 97 — 49% 70% 26 8% ♦ 22% 70% 25% 45 3* 81% ' 46 % 47 141% 2GV# 20V* 26% Dec 82 *136 87* Sep 25% Dec 123' 78 33% 26 13% *94 a 46 V 39% 78 33% 138 39 26 y# -674 97 *94 79 1 July 16 81% *16 4% -10 2 28 81 35% 35 V* *78 2.50 2 35% •81 81% 8% 17% 4% 9 14 V 34% 81 Va *32% 71% 457# 35% 32% 13% 7% 2 •-' 35 *81 143 17% 7 ■ 67% 142% 13% Jan May *06%- 70 Va 34 26 67 Va 55 27 *70 *66% 81% 8% 137% 27 12.80 — Light Co_ & 137% > 1 com 67% 55 78% J 33 Va 100 —. Pictures 26% 69% 39% - 257 a 71 Va 4V# *77 26% 32% *13% 75a 79 *38% - —... com_No par 2 Feb Feb 128 3% *78 Corp——l . Tobacco Leaf Universal Jun 50 Va Jan 2 41% Feb 9 58% Mar 130 3 Steel issued When Universal *16 4% 100 26 V# 55% 3% 17% 400 14,100 8% 67% - 4,400 8% V*' 8 26% *8% 70% 142% 1774 81% 8V* 30c 8% 55% 13% 7% 81% ~14 31% Share 3 317# 31% 31% the Week • 26 140 V* 141 22%. 22% 49 Va 50 33 July 19 *8% 48V# 29 12 % Jan 11 2b 12% NuV 4 21 73 8% July 11 25Va Jan Universal-Cyclops 11 Jun 29 V* Apr May 14 Jan 28 40% Feb 4 12% Dec 86% Jun 21 23% Feb 135 2374 Dec 7 e 97 47 142% 17% 13% 7% 1 common $3.50 convertible preferred 47% Feb 12 3(5 % July ID 23 Va Apr Wallpaper Die Class B 2nd preferred United Whelan Corp com 21 4 7 9 79 Va Jun Dec 12 38 V* Feb 26 61/* May 15 2 77 Dec 70 Jun 19 9 4% Jan 4 4 307# Dec 137 July 18 13% Jan 3 5 Jan 8 May 82 9 737# Jan 15% Feb May 28 - 71% *32% common noncumulative *874 26 07% 55 Va 81 -"94 Friday- J, < 32% 31% 32 V* 8% 26% 67% 35% 81 32 140V* 141 22V* 22% 50% 51 56 56 100- preferred 7% 25 155V* Jan 1 11 Mar 17 7V* 48 *66% 34-% *81 * —.5- Corp U S Steel 2 *94 ^10 —1 100 100 1st preferred noncum 8 Smelting U 61% Jan 24 78 V2 Jan 20 31 Va Jun 14% Apr 10% Jan 28 8% U S Shoe 11 64% Jan 0 136 V* Jun Jan 19% JaU 38 169 Nov 30 33 Vs Dec 24 22% July 15 Mar 25 5. ',* Jan 156 173,* Feb 12 49 May B ' 32 V* 8% 26% 67% 35% 82% 99 - 5 Rubber Co common U S 4 31% 8% 26% „ _10 — Playing Card Co _ Plywood Corp common— 3%% preferred series A 3%S. preferred series B 93% Mar 29 25 Jun 135 Feb preferred Pipe <fc Foundry CO U S 49%'Jan 3^* Feb 27 67% Mar 14 19% Sep 3 S V 4 .Mar 1 U S 13 May 13 17 U 3 30 % Jun 87 474% , 67% May 1 30 % Mar 80 170 26 17% Dec 17 03 July 18 42% Nov 29 143 12 3 4 6 Jan 128 142 % Dec 51% Jan 7 51% July 18 90% Mar 2 32 % Nov 29 92 8% Jan 22% Feb Par Lines Co common U 8 27 Va Jan I 35% Aug 37% Jan 24 1 May 0% Feb 11 9% July 13 11 2 JV4 29 Va 14 EXCHANGE Highest La west Highest Lowest 2'JHb Jan ' M»niay ' July 15 NEW YORK STOCK Jan. 1 Range Since Year 1956 Sale# t»r I.OW AND HIGH SALE nicES ThursdayWednesday Tuesday July 18 July 17 r i July 16 STOCKS R*u*e fur Freviou* . . , 1,000 — — 2,600 . 2.500 w 74% Nov 83% Jan 28 oO% J 0 Mar 20 19 30 211% Sep 13 % Dec 12 ... 1 20 18% Jan 16 25% Jan. .. > - 26 .2 43 Dec 21 .44 44Va Dec 3 29 25% Jan. 10 May 87 July Jan 27 80 Jun 03 Apr 18 Jan 12 99% July 17 20 25% Dec 31 21 15% Dec 13 16% Dec 5 105 V* Feb 12 105 Mar 88 Dec 20 105 >42% Jan. 30 Mar 27 104 18% Jun . 18 93 Feb 18 47% Jan 11 104% Mar 20 a Western 3 Western Auto 98 a 23 91 Jan 2 49 Feb 11 July 20 71 Feb 15 Mar 54 May 9 22% Mar '5 17% Apr 36% July 17 26% Feb 12 50% Nov 29 65% Mar 20 52 % Feb 12 82% Dec 27 99% Jau ' 4 81 128% Jun 5 Feb 17 129 69 V* Dec Jun.27- Western Pacific Western 33% May 14 68% July 8 2.1'. Mar 25 .92 Feb 4 129 Va Feb 4 31 53% Feb 12 69% Jan 2 Jan 24 89% Jun 18 99 V* Jan 9 28% Feb >3 23 26% Mar 22 July 18 62 Aug 30 27V* Dec 20 801/* Feb 15 59 Jun 20 31'/a Jan 18 27 V* Jan 23 28% Mar 14 36'/* Feb 50% July 24 44V2 Feb 12 53% May 24 1 99 Apr 10 9 Jan 23 Jan 8 13% Apr 2 102 26% Feb 16 30 61 8 24 100 Va Jan 7 8V4 July 19 29% Mar 14 30 Va Jan 94% Jun 68 V2 Jan 13% Jan 10 White Motor 5V*% White 47 Feb 18 $3 13 62% Jun 13 Wilcox 23 16% Apr 30 13 Dec 17 82 V* Apr 30 70% July 15 4 19 Va Dec 5 4% Dec 26 10 V* Jan 9 20 Dec 31 30 Va Sep 26 127 Oct 18 25% Jan 75 8 Jan 31 Ap> 24 19% Jan 9 4% Jun 12 5% Jan 21 10 35 27 45 41 Va Jan 23 60% Nov 15 52% Feb 12 68 88% Nov 29 99% Jan 24 82V* July 98% Mar 9 82 Jun ?5 10% Jan 4 7 Feb 38 27 V# Feb 12 34 V# Aug 7 28 257k F#b 12 July 30 141V# Jan 3 91V* Feb 13 no 30 124% July aales.on this day. d Name changed May 27 8 15 V* 'J 1574 15% *90 90 11 Va 11 V* 667a 3 , 11 -- h 22% 22Va '677# 22 66 7 a ■ 9174 36 36 2' 357* 357* 307# 30% 30 V a 307kr.. 30 24%- 247#,;'' 4 1! 247#' 24 *24%> 24%vur' 2Va 28% .*2773 *27 % : 66 30 2.9 V *29 7 a .29% 807# 27Ve 1 ; 27% 3 2674- '29% 27 V - a 4572 66 %y 2974 2974 27 *83 37 85 *82 88 , *82 237a 157* 86 807 a 86 7 017a 627* 19 297* 30% 077* 67:% 30% *82 7 2 43 3 * •9774 94 % 247 a 23% 24 3.000 15V* 1574 1574 15% 3,G'00 85 88 % *91 94 *91 817k 100 297# 30% 29 Va 29% 29% 29% 667 a 67% 667k 66% 65% 66% 32,300 *82% 83% 8374 82 3* 82% ; * * 130 *127 *81 577* 58% 91% 140 237a 23:% 8,400 581'2 5874 92 V * 93 92 92 23 7 a 23% 23 237 63% *60 6374 *60 28 Va *28 2874 *28 517 k *94%. 96 52% 96 5174 *94% 74. a 28% 100 5174 51% 4,600 96 96 8V2 *25% 26 38 *37 377* 55% 157* 16 15% 16 *70% 72 70% 70% 157 a 16 •15% 2474 2478 *113 21 Va 21 % . 377* 56 15% 15% *70 V* 72 31 Va 31 *113 24 3 1 ' ' ' V 1 400 3 31% 119 72 *15% 5 24 f 20.800 *7074 16 5 • 1.300 56 1574 16 21% 100 16 119 307 k 31 120 5,300 56 16 24% 8% 25% 5574 5 5 5% 20 874 257* *37 87 k 8% 26% 55 61% 96 8% •37 V* ' 5,500 5174 8% 57 1°Q 9174 59 58 527* 9,100 130' *127 130 *127 23 Va 38 307a 9.400 83% 87% *86 7,300 267* *115 94 82 74 84 38% *86 24.300 *37 V* Va 20 24 18% *25% 5% 3,300 18% 38 % 57 20 100% 18% 26% 120 4374 10074 187 k *28 24 437* 7a 187« *2574 5% 24% 31 Va V* 18% 28 Va 8% 16 43 *97 ;>*• 60% 63 % 517* 16 82% 60 74 130 87 5974 *28 70% 7,000 97 61% *60 * 267 „ 59 Va *60 58 267 a ' '97 *83 r ' 93 59 *92 52% 1,700 •61% 132 *127 23 83 7 8274 *8572 a 29% 157# 94 61 18% 90 9 a *90 97 85 101 8,900 42 va 15 V *90 90 62% 19% 28 2 24 15 597» 92 23% 63% 4374 99 V 200 68 29 38 43 400 4572 i 9774 ' 860 1,500 28% *45 6(i7k *82 *96 87 237k 67% 83 V a 132 j 600 2% 27 a *27 ■ 7k 97 43% 24 667*- *83 101 25 2774 4574 85 15 V a 97 80 V* '♦24% 24 *96 43 2,300 ". 2% 87 *99 800 400 307a 'U a« 97 90% 12,6ii0 36 ,*307» 247. *83 97Va 87 667* 35% V* 26 7a '' " ■63 67% 1.100 3,400 3534 ; 27 74 2874 -47 V3 45 65% j 27a *4573 45" , 70 11% 22% 6574 a 35 V 2% 90 a *35-7* 36 V V# 247a 2,o00 117 ... 67% 36 24% 157a 22% 35 '247 a 1,200 9,700 90 . 117a 227a 367a - 1,300 82% 17 157k ., . 35% 2 % 16 200 5 3,000 5 24 % 12,900 2474 5,000 31% 31 '113 119 21% 217k 211k 2.500 21% 21 21 21% 33 Va 43 33% 33% 32% 327 a 32 74 33 32% 32% 1,200 42'/a 42% 43 4274 43 43 43% 427* 43 3 3 16,800 67 V* 68 % 6674 67% 657* 67 64 65% 7,100 *87 877* 87 87 x83Va 837a 82 68% 88 83V2 7% * 7V# 10 common 07 % *87 83 7% Youngstown Steel Door— No par 33% 34 33 % 34 74 106% 107% 277* 287* Zenith Radio Corp—; No par 116 Yale & Towne Mfg beb 29% 17 > 33 Va Young 2 297# Nov asked prices: 11 29% . v*81% 817 a 17 - 10 Prior preferred 4 Va % SerieSc-100 Wrigley (Wm) Jr (Del)No par Wyandotte Worsted Co_; ' 5 9 16 Ex-rights. 8% Apr 3 Corp 297* 1674- - 400 10 Co 2 99 y 88% Jan *' Worthington 24 • . _10 Service Corp Co 347k July 31 10 cJend. (F W) 35% Jan 12 13174 Dec and Iron Wool worth 123 Va Jan 367# Dec 8 •Bid Woodward 12 19 101 Wisconsin Public 8 157* 701/* *15% 5Va 31 *115 100 6 10 59% 1 Inc_^ preferred Mat 12 Jan : July V* Jin Va July 15 92% Mar 15 3 30 31 83% Feb Jan 22% Feb 28 6% • 10 Wisconsin Elec Power Co com Jun 20 10c Inc Winn-Dixie Stores 26% Apr - Industries Mar 19 41 24 10 May 13 20% Jun 27 No par No par 34 50% Mar 19 24 $4.25 preferred 24% July 19 24% July 10 2674 Wilson & Co Inc common Wilson-Jones Co 131 19 7% Dec preference preferred Oil Co 8 43% Dec 83 V* Nov common 10 Jun 21% May 15 29% Oct 1 36% Feb Machine convertible Windsor *127 57% 1 preferred 26 123 *02 100 1 20 50 80 (The S S)_„—20 18% Feb 20 Mar 22 J8% 297* 077a 92 237a *00 28 51% *9472 8% *26 *37% 5 common 29% Jun 4 37% Feb 145 16% July May 17 15 Co Sewing Prior 19 14% Jan 02 common-No par 5 White Dental Mfg •" 1 69 RR Whirlpool Corp common 4V*Ve convertible preferred Jun 12% Jan 100 Wheeling Steel Corp common—10 $5 preferred ; No par 25 V* Api 14 com—No par preferred 2,900 13% 817# :24% ■ 86 43 44 *99 101 237* 24 V# . 45% Feb 29 V# Jan 2nd Telegraph— 2.50 Westinghouse Air Brake; *. 10 Westinghouse Electric cornmon_12% ; 3.80preferred series B 100 Wheeling & Lake Erie Ry_: 100 38 May" To Maryland Ry noncum < ' 66 15 *94 85% *07% 51 13% *64 307#; 45 . 51 137* 66- 35%r 277* . ....*85. *83 Union 4 4% 63 -29ia 267a 957* 1 preferred 20% Jan 18 20% Nov 4.80% Western , -5 100 Supply Co com 87% July 11 88% July I t 63VaJau 4 1 17% Nov 24 Apr , 5. Air Lines Inc_. 16% Jan May 10 86 4 _4 pfd—«_100 preferred.series B —100 4.10% preferred series C —100 West Va Pulp & Paper common 5 4Vac/o preferred :i 100 24% Jan 82 Va . 4.20% 27 07 103 Co 24 17 20 Coal Power .4%% Feb 13 Jan • 14V* Jun 28 Sep 28 21% Jun 9 Penn 23 Feb 94 Penn Electric Co West Jan Dec 46 Kentucky West 93 68% Feb 130 West 8 93 29 4 5 105 • 1 11 68 V 200 52% 2974 . 17 90 92 657# 66 517* •13V2 •■6373 65 15% . 22% *30 247/a 25 27# 277* ..'•M%. 50 : 157* 11 V 167a 177 a ; *90 31 24% 274 _ com%.2.50 Corp Mar 20 19 47 58% Nov 29 <fe .Snowdrift preferred Iiidies Sugar 39% Jan 37% Apr 19; 108 Dec 4.8 1 1. i 28% Jun 2 9? Oil Wesson West • 5 - Wayne Pump Co— 34% Jan 29 15. Jun 112'/a Jan Knitting. Mills- j 30% 24% 5 107* X227a _ No par • 15 • 11%. 117# 227a 23 64 03% 30% 36% 35 V* 357a par 2 81. 8074 15 -- 157k *90% 927* 5 Welbilt Corp 29 V 297* 177# .17 _1 Waukesha Motor Co— Wayne - Pharmaceutical—I Light.Co—J_fNo Washington Water Power- 48Va.Jan 23 92 26 17 68% Jun 28' 13 Nov Washington Gas i Corp— Warner-Lambert 3V« May 15 26% Feb 27 Mar 20 97 July 16 j 26% May 3 32 V# Mar 27 •• 0 2 28 Va Apt 5 . '5 July 10., - 3 Industries - • 1 -100 Warner Bros Pictures Inc 36% Jan 28 41V# Jan Ward 34% May 24 July 10 2 Va Feb 2 — 2.50 --a -a— 38*# Mar 28 , 26 22% July 14 va- 52 Va Feb 26 20% Feb 4'/« Apr 43Va May 10 1 44% Nov i 24 9 Mar 27% Dec t 26" 30% Oct. „ 27 8 2% Dec Co Baking Co common 574% preferred v_i 24 08 V 12- Feb > July 12 28% Jan 22% July 17 28 ; G & W— lOVa Jan - 31% Jun 27 3 "19% Feb 28 ■ n 42%1-eu 37% Aug nb 9 Jan. 122 „ 35% July 12 9 35% Dec 20 ;25% Feb- ' . a Walker (Hiram) 95 Va Jan July 17. 90 f 40% Jan Walgreen Co Ward at A up 4 9 1 Waldorf System 2 Walworth »« 20% Dec 27 40% Feb' 37% Oct 4 16 % 12%-Apr 26 i 30 Apr 13 18% May 29 " lo< 23 ; 86% Jun 12 17% Mar 13 95 V# Dec 17 30 Va Jan 12 29 12% Jan 115% Nov 13*% Jan . 8 11 13% Feb Jan 75 ' • Feb 9 33 Nov 29 04 —100 15 No par i__10 No par preferred Wagner Electric Corp*. 70% Feb Apr 14% Jan Va Sep 26 13 % Dec 29 Wabash RR 474% 56 V* May 15 10 uu Jan 24 77 July 17 65 3 10 Co (L A) Spring & Wire 5 Youngstown Sheet & Tube No par tin receivership, or petition has been filed from Int'l Hydro-Electric System e Formerly United 11774 for the company's Cig-Whelan Stores 77 33% 34 33 % 34 1067a 108% 2774 28 11574 117 7 a ' *8674 87% *8674 877* 10 B274 74 8274 8274 82 74 83 V* 2,700 7 V* 77k 7 7* 774 2.400 73 a 33% ' 34 33 33% 104% 1067# 2<% 277* 33% 3432 74 3 2 74 10574 106 27 27% 337* 33% 32 % 33% 105% 106 2774 2772 *115% 116% 11674 11774 1*674 117% reorganization, a Deferred, delivery. rCash sale, f Name changed from American Safety Razor - <.600 3.000 8. <00 o,900 2.300 wd When distributed... xEx-dici: ' '» 1957 Number 5657 Volume 186 The Commercial and Finaiicial Chronicle ... \ (339) Record Bond New Ycik Stock «« FRIDAY The italic letters In the column Range for Previous PS Range Since Jan. 1 Lowest Highest Dec 17 Period" point Indicate in each represent Highest Treasury ~ 91.12 Dec S(L13 Dec 12 91.3 13 90.12 Dec 12 90.12 Dec 12 Nov 91.20 Mar 28 91.20 Mar 28 12 90.26 Nov 13 95.14 Marl 87.16 July Nov~13 95.11 Mar"" 9 88 10 May~3l Mar 28 97.8 "8 July"Tj 87.16 96.30 Nov 15 97.8 Treasury 2%s_ Mar 28 Mar 15 Nov E9v Dec 84 Dec 13 89 7* 16 101.16 Jan 9 >02.16 Jan 17 100.8 Dec 13 84la July 97.20 Mar 12 101.46 Feb 5 Feb 90 24 101.16 Jan - 92 Feb 14 90 4 Feb 4 25-year 3s • '* 9 - 102.16 Jan 5 r 90.30 Mar 30-year 23-year 19-year 15-year 20-year 115-year • 24 May 16 Feb 96.16 Apr 100 Jun 25 96.16 Apr 25 18 104.24 Feb 4 ' . : Mar 1 '- "39.16 99.24 ♦99.16 99.24 *99.16 99.24 "99.11 99.13 *" *99.12 91.14 *9X11 99.13 98.13 "98.12 98.14 "93.14 98.16 *98.12 94.10 90.14 "94.2 94.6 *91.2 94.6 *93.30 89.20 94.2 "89.10 89.14 *89:6 69.10 *89 92.10 *91.30 92.2 *91 20 92 87.30 *91.26 "87.20 87.24 *87.18 87.22 *87.16 8r .22 *87.10 87.29 "87.3 87.12 *87.6 87.10 "87 87.4 *86.28 ; 87.10 87.8 *87.4 87.8 87.16 *87.4 87.8 *87.2 87.6 *86.28 87 87.7 "86.28 87 •86.26 86.23 *86.18 8 5.22 *87 and asked price. 120 No sales transacted York Stock Territorial IssuePanama Carnal Interest Exchange 3% Last or Sale Price Friday's Bid & Asked 1 3s 1961 Quar-June High 87.4 *86,26 86.30 ♦86.24 97.26 •97.22 97.26 *97.22 97.26 98.28 •98.27 98.29 *98.26 98.28 96. ♦96.23 96.25 "96.22 96.24 "96.21 92.26 *92.16 ♦92.12 92.16 ".94.18 94-22 "83- 96.23 •96.23 96.25 *96.24 92.90 •92.16 92.20 ♦92.12 92.12 *92.6 92.10 *92.2 92.6 ♦91.30 92.2 *94.14 84.16 '*♦82.16 94.18 *94.16 94.20 •94.14 94.18 ♦94.10 94.14- • 86 *85 *91.16 *101.8 97 "90.16 4s AEJxternal 100.16 ♦9J.1G 93.8 •J7.1tf *97.24 98.31 *97.24 98.31 ♦97.24 98:31 "96 97 *96 - - 97 ' "96 9, *96 97 "94 95 *94 •- 95 - ♦94 95 *94 95 "92 93 *99 <11 *92 93 *92 93 "90.16 91.16 *90.16 91.16 •90.16 91.16 '90.16 30-year 3a -— 1957_AprilOcf ser 1957_Aipril-Ocf 1978 Jan-July IA 7s to (Central Stamped L — 6Vis Jhne-Dec 1945- Mar-Sept ——Feb-Aug 1965 Feb-Aug to June-Dec 1927 to June-Dec 1957 A due Plan to April-Ocf April-Ocf 1957 A to 3%s series 3.375%) No. 3% 3 series 3% 3 series No. 3% 3 series No. series No. 3%s series No. 33A s series No. 3%s series No. 3%s series No. 3% 3 3%s series No. No. 3%a series No. 3%8 No. series 3%s series 3%s series No. 3%s series No. No. For footnotes No. series No. series No. series No. series No. April-Ocf June-Dec Plan A series series No. 1979—— 90 ■ 6 46% 51 89'/2 0 88 V2 94 89'% ' 96 88 Va 94 3.4 93 Va 22 93'% 98% 89 12 89 96 Va 96% Vi 100 v* 7 93'% 89 , 89 96 Va 26 100'% 100% 51 — -- — 99% 99% 100% 177 VS. —~ — 98 *108 — 98 Va 37 115 ... 128 Va 128'a — — 2 96'% 99'% 106 Va 118 Va 107 135'/. — — — 91 90 '/a — — 91 8 — — 77 112'% V 91V. 112% 71% — — 717'B 1 65 76'/a 119 119 1 66 71 — — 71 — -- 90 Va -- 132 *98 Va 98 98V. 99 97 m Va *.95 ^ 5 \U .1) - assented A Chilean Consol 77 90 1927 Jan 4 66 76'/a 99 3i 23 98 46% 99% 2 97 011/2 1 June-Dec 91 —* —- —— ♦97'/a *98 *95 8 June-Dec •41 June-Dec 98 — 99 Va —— •77 80 •41 June-Dec June-Dec June-Dec June-Dec 14 15 June-Dec June-Dec June-Dec *96 *94 % 40V4 40'. June-Dec -.June-Dec ApnZ-Oct 96 May-Nov 42 1 96 98 93 96 92 3% 44'% — 91'% ¥ar"^ , . — •41 * 11% ?Prf _, 11% 4 5.3% 96 •114 1961-April-pcf 98 93'/a 55 Vi 55% —— — •95 98 93 96 *95 99 93 Va 95 *95 98 93% 93'/a — — — CO »H 43% 9% 81 47 14% .... 127 118% 118 y2 64 68 V. —^ay-Now — —May-Wow *76 April-Ocf June-Dec Jan-Juiy 61 FOREIGN —•'! 73% 61 20 *101% 103 52 Ta 76% 61% 101 106 50 50% 2 50 47 53 47 47 1 44 62 SECURITIES FIRM TRADING MARKETS Carl Marks & Co. Inc. I4 96 — 81'% 1 118% *114 1961—^— FOREIGN SECURITIES SPECIALISTS 96 — 48 80 1 For Financial Institutions 92% 94'% e — *7 tiO (State)— 96 94'/a 1 48 oO •41 •77 81% 43 - •77 I960—.—Mar-Sopf 46'% •41 Stamped assented (interest reduced to 6%) extended to 1960 ; —April-Ocl 98 99% 40 Va 17 42 - 47% 47 "a 80 •77 Way-Nov §ASinking fund 7s of 1926 due 1946 lASinking fund 7s of 1927 due 1947 ! A Costa Rica (Republic of) 7s 1951 3s ref $ bonds 1953 due 1972 Cuba (Republic of) 4%s external 1977 Cundinaraarca (Dept of) 3s 1978 96 98 47% (ii 41 V-i n 97 *95 „ June-Dec 16 *95 —— J 81'% 81'% 47% — 99 Va 94% 98 48 80'% -- *41' 98 '/a 95 _ 81 44'% — *77 82'/« 46% 80% *77 ♦41 sinking fund dollar bonds 1970— | A Colombia Mortgage Bank 6V2S 1947 99% 89 91 ' *95 9 99 46% 8U V« 44 — 99% 99 r% 80% 81 Vi *77 3s ext Va 71 Va —— 79% *77 April-Oct.? A7s assented I960(Hukuang Ry) 5s 1951 S A Cologne (City of) S'/as A Colombia (Rep of) 6s of 1928 Oct of o2 80 ... 82 •77 , A6S 90 5o •41 AChinese ; 90 83% A *41 June-Dec 1962 Municipal 7s 83 Va 30 *41 June-Dec 1961 51 ♦41-- May-Nov 1961 95% 46% ' I.1 *77 May-Nov 1963— j* 93 V. • ■■•77 9 6'% j4 2 ' Yti* 8tu j 99 -a* 93 1 ... 07* 51 8 k 83 50 Yu April-Ocf 6a 95 92 ..... 97t" /50VX Feb-Aug Feb-Aug 6s Feb 1961 90 *a5 June-Dec 1961 99 93 . ' a—June-Dec 2 96 ... 9 i June-Dec 20—. i b.i .June-Pec June-Dec ; 30 9uVa _ 132 2 90 Va 71 June-Dec 31. 94% .8 ♦ 77 — — 99% *96 «/a ._June-Dcc 26. sinking fund 6s 1961 assented Czechaslovakia 71% 99 Va June-Dec 96% 165 ' 98 V2 96 96 993V June-Dec — . 94 96 *99V-j —June-Dec V" 25 a6seated 1962 A6s 96 93 >3 June-Dec 24 Feb -assented High 94 June-Dec s Mortgage Bank 6V2S 1957— :A6VssS' assented 1957 A8s 48 88 Va ' — Jan. 1 Low No. 98 93 assented Sept 1961— A6s __ __ June-Dec 17 assented A 6s Range Since Sold *9o 30-yr 3s s f $ bonds 1978..jan-J«/y Val A6:,/4 71 Va 3 13_ No. (Dominion AGuaranteed - April-Ocf 4 page 90 ■ June-Dec 7 series (Dept of) High *95 June-Dec Chile 90 (Plan B)- 5 see A ' June-Dec 2 No. AsKed (interest June-Dec 1944 series No. Bonds ortrioay's Bid X. ..June-Dec , 91.16 transactions. Week's Range Last Sale Price June-Dec Extl sink fund $ bonds 3s 1993 • 47 3i April-Ocf 197S External dollar bonds of 3%s series No, 1 90 89 " —— funding bonds of 1931 due 1951 Stamped pursuant to Plan A (interest reduced No. series i bond 98 (Interest 1979 1952 pursuant reduced to 3.5%) 89% (interest 1979 3.375%) 5% series Period Low AExternal sinking fund A6s assented 1963 69'/a 88 (interest 1978 3.375% ) Ry) 89 Va — pursuant reduced No. A 6s 89 88 Va June-Dec Plan Stamped series Interest Exchange —— —* 99% 90 —— •88 Va Feb-Aug .— external 8s 1941 f 6Y2S of 98 __ ♦88'a 47% June-Dec : Stamped pursuant to (continued)— Registered „-r Friday Stock AGuaranteed sinking fund 6s 1962 192G due s 2 — reduced to 3.5Si) AExternal s f 6%s of reduced *68 Va • June-Dec (series 8) (U S of) York - lot tiwusactions.. eCash sale. ARy external sinking fund 6s Jan 1961—Jan-July A 6s assented Jan 1961 —Jaw-July • —- Stamped pursuant to Plan A AExternal *88 Va — 1957_April-Ocf (Kingdom of) extl loan 4s 1964—June-Dec ABerlln- (City of) 6s 1958June-Dec §A6%a external loan 1950 ^April-Qct 1A Brazil .Odd 100.16' ' , •88V2 ser Eelgium ■ AExternal Sinking fund ~ ♦88 Va '' 3rd (Commonwealth of) 99 *88 Va • ;—, 2nd 20-year 3Vis 1967 20-year 3%3 1960 15-year 3%s 1962 15-year 3%3 1969 15-ycar 4-VaS 1971 15-year 5s 1972. lABavaria- (Free State) 4 Vis debs adj 98 —- 7s f $ bonds s 91.16 of) 23As 1974— Mar-Scpf 1975—^. -v——-Mat-Sept . (Dept of) 30-yr 3s s f bds 1978_Jan-J«2y gAChiile (Republic) external s f 7S 1942—May-Now SA7s assented 1942 .May-Wow AExternal sinking fund 6s 1960 ApriZ-Oct A6s assented 1960 —.—April-Ocf < Mar-Scp Jan-July 7s < • 25-year • 2%s ^April-Oct 97 •99.16 93 Cauea — — 92.16 101 *96 *97.24 • Caldas — ♦91.16 *100.8 9 i 98.8 3%s NY 1-1693 92:16 101 *96 * sinking fund 6s Septi 1961-—Mar-6'epf — Mar-Sept AExternal sinking fund 6s 1962 April-Ocf fd sink *91.16 '100.8 ' 97 * 100.16 3%s 983) 92.16 102 - AExternal sink fd sec AExternal sec Australia ser *96 bonds , § A External sinking fund 7s ser B 1945_.-Jan-July S A External sinking fund 7s ser C 1946—Jan-July § AExternal sinking fund 7s ser D 1945 Jan-July AExternal sinking funds 7s 1st *9-1.16 *97.24 High Teletype Feb-Ar/p 1968 *101.8 98.31 New ; A. 1645 * 92.16 97 91 98.8 "92 — 1948 6s *90 "97.24 33%s 3%s , (Kingdom of Norway) 91 *97.24 *94 , § A Guaranteed linking fund •90 97 * "96 Wertheim & Co. {AAntioquia (Dept) collateral 7s 91 £5 15 1959 Foreign Government and Municipal Akershus *90 84.16 98.8 Canada Agricultural Mortgage Bank (Columbia) § AGuaranteed sinking fund 6s 1947 89.16 98.31 3%s Broadway, New York *88 *99.16 3%s 120 89.16 100.16 3%s series No. 3%s series No. REctor 2-2300 84 *88 ♦99.16 3%s Members New York Stock Exchange ♦82.16 100.16 3%s Telephone '83 - 102 *96 -* Foreign Securities *"5 "88 91 *97.24 91% 86 84.16 *90 92.16 92.10 84 91 102 "85 *92.6 *82.16 ♦90 '• 84.16 84 '92.16 *82.16 *82.16 89.16 "91.16 86 - -i y 89.16 " "88 "101.8- ■ * •82.16 84 89.16 Brazil 94 Vi *85 - 84.16 -"82.16 3%s 93% 86 *82.16 84 3%s 93 % * *88 ; 86.28 ♦92.4 86 *82.16 ' I 86.20 •97.22 "92.22 1976". ' 86.28 *86.16 *98.26 City —June-Dec ♦86:24 . 87.8 33/is 1980 86,30 98.28 Unification Issue— Corporate Stock 86.26 • 97,26 "97.24 "103% 104 a. 86.28 ♦86.22 "97.22 11978 Low *84.24 87 *87.4" Jan. 1 No. *86.26 87" *86.28 "98.26 Range Since Sold 8', .2 *86.28 87.6 98.28 yet been admitted to Stock Exchange dealings. Bonds ♦86.30 87.6 97.26 Week's Range . Low■ New York Transit Period 87.8 *87.2 87.16 due Feb 15 1962 as *87.4 *87.2 ' •98.26 RANGE FOR WEEK ENDED JULY 19 Friday BONDS New this day.... HThls issue Iras not 91.30 87.14 87 "97.22 ! due Feb 15 1960 due Feb 15 1961 2s >ixd 89.4 , "87.12 •99.16 due Feb 2s 2s 1289703 "37.6 due Feb 15 1958 2s . 92.4 • "87.4 1958 May 94.10" 89.12 * 87.18 "96 — *92 87.16 Serial bonds of 1950 2s *94.6 *89.8 „ 87.16 Oct 21-year 4 Vis 100 99.13 - -. 89.2 95.12 "9X28 "99.11 ' 1 100.2 94 "98.11 Sept 15 1959 1f3V'aS— 100 "99.28 *87.4' 3%s ^^....Mav 15 1975 3%s —Oct 15 1971 3 Vis Jan 1 1969 4%s Jan 1 1977 2VitS "99.26 100.2 "87.12 1958 1 1981 "95.8 "87.12 15 1960 3Vi8 -____„_Oct *88.26 95 *87.12 4 Development July 15 1972 . 25-year 3s • 5 17 103.4 90.30 Mar *93.24 B;/> *95.14 99.13 - -99.28 Jan 9r 8 *88.30 99.24 International Bank for Reconstruction & "94 95.20 "87.14 Sept 15 1958-1959 Treasury 2%s_.—june 15 1959-1962 Treasury 2'%s _Dec 15 1959-1962" % 94.12 89.10 "95.16 Bonds(*) "87.16 Treasury 2 Vis Treasury 2 Vas "94.4 "89.2 L8 the Week lllgh "87,26 1958-1959 15 I 89.8 "99.16 Sales for r July I!) »!»«• U "92.6 1965-1970 Treasury 2%s.__:——June 13 Erida July 18 Low *89.16 Treasury t 13, Mar Hi HMl.iy High 98.14 1962-1967 Treasury 2%S_:—Mar 15 1966-1971 2V?:S__ June 15 1967-1972 Treasury 2%s Sept 15 1967-1972 Treasury 2%s—• Dec 15 1967-1972 ' 92.24FeiTTl Sc^CNov June 15 Treasury 2%3 Dec~12 £0.22 •98.12 PRICES "94.6 15 1958 15 1961 —Aug 15 1963 Treasury 2VzZ Dec 15 1963-1968 Treasury 2%.S——June 15 1964-1939 Treasury 2%S— Dec 15 1964-1969 12 S0.ll Dec "99.11 Low 95.16 "99.28 : 99.24 SALE 94 16 "89* ' "95.12 100.2 "99.16 HIGH Wednesday July 17 High "94 8 95.22 "99.28 Treasury 2 Vis 12 low 89.8 "95.18 AND July 16 94.20 "89 Dec 15 1958 Nov the bonds mature. point. a Tuesday High "94.12 Feb 15 1995 Sept 15 1961 :_Mar month when of Monday Low June 15 1958-1963 >Dec 15 1960-1965 Treasury 2VaS Treasury 2Vis the case 32nds July 15 Treasuiy 2%s Treasury 2%s Treasury 2%s Treasury 2'/aS more LOW 1 EXCHANGE 3'As June 15 1978-1983 Treasury 3s &1.12 Dec or i Treasury 2%s 8SX21 one Exchange YEARLY - NEW YORK STOCK 17 Dec 98 "Interest GOVERNMENT BONDS Year J 956 Lowest - headed Figures after decimal • ; WEEKLY - 20 BROAD STREET TEL: HANOVER 2-0050 \ • NEW YORK 5, N. Y. TELETYPE NY 1-971 27 The Commercial £8 (340) RANGE Interest BOND S Period Stock Exchange York New Last or Friday's 4%b 1962—April-Oct (Kingdom of) extl £1 Salvador (Republic of) — 3%s extl f s (Republic lAFrankfort of) dollar bonds 76% — 18% 76% t April-Oct Aprii-Oet 65'/a 65% 60% dye 1963—Jan-July 84'4 837jf 84% 10 74 % 74 % 1 96% 96 7 « 11 v a • - 95% 6^ 69% 79% 84% 70 , A8s secured 99% fund issue 3s conv & 4s dollar bonds International dollar 5s 1953 loan of bonds 1930— 75% 88 7« 12 85% 89% Shinyetsu Electric Power Co Ltd— IS A6%s 1st mtge s f 1952 June-Dec 6%s due-1952 extended to 1962 June-Dec ASiiesia (Pro.v of) external 7s 1958——.—June-Dec A4%& assented 1958 —June-Dec South Africa. .(Union of) 4%s 1965 June-Dec 65% June-Dec June-Dec -— (extl loan 1924 Dawes loan) gA7s gold bonds loan 1930 due 65'4 65% 3 64% 69 Taiwan.Electric 135 5%s due 1971 April-Oct (Young loan) *96%' 132 97 Tokyo — June-Dec 1965 ' 0 123% part paid 1964 part paid 1968 fAHamburg (State of) 123 May-ZVou Feb-Aug A6s 6s 1946 123 118 (Republic) ext f 3s s Italian Credit Consortium loan 1954 of '24 Jan-July Jan-July Mar-Sept 19% 160 % 165 % 82 "l 96 % 96% 60 «1 2,j 59 ?4 59 59% 18 *115 — — Feb-Aug extended to 1964 *192 1975 ■— — 1 95% . June-Dec ASmall 56% of — — 7 16 15% —- 67 ■ 50 % 124 195% 100)o 104 51 8 1945 § A Large § A Small §A5s assented (1922 agreem't) (1942 16 Alabama Great 47% 51% Alabama Power 14)4 *18% I~"II due 18% 18% *18% April-OcZ 18% 18% assented new (1942 agree't) ASmall 13% 13% agreement) 1933 5s I963_Jan-July ASmall I AMilfln (City of) ASecured extl extl sink f extl loan new (City 1959—Mar-Sept *71% *53% of) 6s 1952— 5V2s due 1958 Stamped reduced APeru A loan extl to 99 % 7s s f 6s 2nd series (Republic of) gold 6s 1940 *91% of) 100 % 101 May-ZVou *94% A 150 44% *79% 80 76 80% 76 80% 22 *22 21 25 19 20% (interest reduced to 2.25%) 2006 (Free State) 6%s ('26 loan) s f gold extl ('27 loan) 1952 A 6s 7s *51% *48% 24% 17 22 14 1950 secured 1st l^t A A external loan of 1926 reduced 1967 1968 (interest reduced to A 2.25%) (City) to 8s 1936 (State (interest reduced to 2.5%) IA 8s external 1950 Stamped pursuant to Plan For to 2.5%) footnotes see page 49 Va Plan A 60 46% 115 55 % Consol Consol 3!4s Industrial 54 % 49 117 55 Jan-July 22 22 20% 24 17% 17 % 17 % 19% 179% 181% '180% 98% — 98% 95 99% *89 90 II II 94% 94 3 90 90 — 92 92 97% — *94 83 83 % 8 81% 90 95% 95% 95% 3 94 993/4 111% 145 109 109- 123% ■ 70% 75 93 7 a 93% 947a 55 89% 98 9574 95 % 96 7 a 24 95% 98% 84 84 84% 20 84 93% 1007 a 1007a 102% 95 98 % 98 Va 98 % 1027 a r-4 O CM K- X 4 96 % 100 102 3 12 99% 103% 7 86% 91 95 95 81% 90% *70% a 72 90 90 *95 — 89 83 81% 83 % 74)2 73 3 74% 106 139% 134 134 114 113 4 - 105% 106 % 139 % 116 1027a 116 75 77% 8074 110 % 116 73% 75% • 84% 77% 76% 80!« 80 81 70 78% 88% 73% 73% 74 21 73 81% 76% 84 % 1 76% 70% 75 75 3 75 81 92 93 34 89 96% 83% 18 81?/ 90% 92 81 81 83% 44 82% 91% 128)z 130% 199 126% 135'% 917 a 29 82 83% 128% 90 90 90 99 % 97% 97% 508 95% 92% 92% 93% 86 92% 977/H 85 % 86 22 84 94% * 93 7 » 89 97) 97% 98 88 92% 75 77 80 81 a *91% 79% *70 *81 70% 98 71% *94% 69% 95% 92 98)« 99-% 91 26 106 91 92 *92:% 102% 93 99 103 % 87 87 93% 94 93 98% 99)2 100' 87 87 97 102% 98'% 27 91 98' 78% 99 25 100 100 91 95 84% . 97% 71! 101 * — 11 88 92% 91 88 % 88 series C *91% __ 54 59 90 97% *110 *„ 96 & 84% 1 74 % 166 77 78 7714 76% 77 % 75 747a 75% 847u May-Nov 1980 Mar-Sept April-Oct Jan-July 1970_May-ZVou Bristol-Myers Co 3s debentures 1968 April-Oct Brooklyn Union Gas gen mtge 2%s 1976_Jan-July 1st mortgage 3s 1980 Jan-July 5s Shoe 150'% conv debs : 1972— 93% 126 87% 86 47 87 — 155 129 — 144 86 87 - 86 124% 395 156% 150 subord debs 91% 87 Va 90 158 85 89% 70 *76 Feb-Aug ! 1 73 79 77 * 75 77 67 67% 31 66 72 49 49 49% 15 48 58% 90 92% 77% 86 Va *91 78 5 s a 153 119% 95 119% 126 81% 37 ' 97 106 . 109 142% 153 79 6 4 95 7 78 — 153 79 87% 1975_May-Nov Corp— conv 133% 135 Jan-July Oo— Niagara Elec first mtge 2%s Burroughs 4%s subord -2_ 1971 debs 90 103 % 91% *80 series AC 1967 series JJ 1961 Co 3%s 86 100% —— __ 73 First mortgage 4s series RR 1960 AInc mortgage 4%s series A July Brown 6 187 150 0 mortgage 4%s 5s 79 85 *152 Maine RR— mortgage 84 % Mar-Sept ! Co 27/bs debs 1981 71% 70'/a *146 *144 Jan-July _May-JVou -Jan-July 84 84 92 *126 June-Dec —Feb-Aug 82 66 100% 101% a 89% 71% 113 86 86. 86 100% 82 76 20 85 *84 .—April-Oct : ■ 73 73% 1961-May-Nov —2 93 ' • .86 debentures (The) June-Dec 1981 Buildings 5s gtd 1960 general mtge income 1982 4'/c consol Carthage & 92 98 3s 1976 California Oregon Power 3%s 1974-. Canada Southern consol gtd 5s A 1962 Canadian Pacific Ry— debenture Carolina Clinchfield (interest *96 % 1960—April-Oct debs 2%s Loan California Electric Power, first - „ 20.) 111% 130% 2 100% 101% 5 88 % 93% 100% 100% April-Oct Jan-July 91 91 57% * _jan.July ton-July Jun-Dec 1990 5s mortgage 2%s series I 1970 mortgage 2%s series J 1976_ mortgage 3s series K 1979^. conv Boston A5s 56 54 ^ May Jan-July 1989 3V4s City Electric 6s 1955 §A6%s s f debentures 1951. A6%s s f debentures 1959 Bush Terminal - f ABerlin Buffalo *50 55)4 s of Pa Brunswick-Balke-Collender *115 ton-July 31. 75% May-Nov — 1999 54 75% (interest 1999 A 70 45% A Jane-Dec 70 70 *52 ApriZ-Oct to 58% *74 2001 pursuant 66 *69 or)— stamped reduced *63% June-Deo Plan mtge First (interest 2004 ref Telephone First *80 *48 —May-ZVou A6V2s extl secured sinking fund 1957 May-Nov Stamped pursuant to Plan A (interest reduced to 2%) 2012 May-Nou Bar Pauio Bell Borden May-ZVou 1966 1952 2.375%) 65 40'/a June-Dec 6%s 1952 Stamped pursuant to Plan A reduced 62 37% June-Dec to JARome (City of) 56 *40 (interest 2.25%) 2004 stamped pursuant to gASao Paulo 47 (interest due Stamped pursuant to Plan 7s 56 Feb-Aug April-Oct —Apr-Oef mtge 4%s ser C 1995-2 income Feb 1 2010 convertible Consol *62 April-Oct ^—.Feb-Aug Mar-Sept Bethlehem Steel Corp^— (interest reduced to 2.5%) 1999 A6s internal sinking fund gold Stamped pursuant to Plan A reduced to 2%) 2012 — 4%s conv debs series A 2010_ Baltimore Gas & Electric Co— 91 II 53 1970— mtge 4s ser B 1980 cons 4V23 91 88 Feb-Aug reduced to 2%) 2012 Grande do Sul (State of) — §A8s external loan of 1921 1946 A7s 52% 87 —Jan-July i 1979 37/es ser A mtge cons 1st cons ' Rio Stamped pursuant to Plan 46% *72 April-Oct 1953 Stamped pursuant to Plan 51% Mar-Sept 2001 6%s 54% *90 de Janeiro (City of) 8s 1946 April-Oct Stamped pursuant to Plan A (interest reduced to 2.375% ) 47 — *90 Apr-OcZ June-Dec 1980———.—Mar-Sept es ser A debentures Beneficial Jan-July *51_Mar-Sept 85 Baltimore & Ohio RR— 22 21% 3%s 1st Jan-July 96 Va 85 1963—May-ZVou Ry 3%"s Line RR 4%s A 1964 1st & ref M 3s series Z IA Rio IAExternal April-Oct -May-Nov 1995— mtge 4%s ser C 1972 _Jan-July General mtge 3%s series D 1980— __Mar-Sept Atlantic Refining 2%s debentures 1966—'-Jan-July 26% 17% 1 24 19% 11 20% 24 — APrussia & Gen mortgage 22% April-Oct April-Oct stamped pursuant to Plan A 84% 79 Gen 22 17% *19 19 96 81 804 *79% gold 8s 1950__Jan-July 96 87% *— Feb-Auy 1976 Charl Air Line 70 81)4 *21 1947 84% 95 86 Mar -Sept 1995 4s 96 39 May-ZVou 1984— Topeka & Santa Fe— 67 77% 1977 1966_ inc sub deb debentures 4%s 92% 82 June-Dec April-Oct Quar-Jan ApriZ-Oct 1960 Associates Investment 3%s debs 1962 Atlantic Coast 44% x 5s Co 5s 172 *43% ton-July SARhine-Maine-Danube Co & Atlanta *80% April-Obt stamped pursuant to Plan A (interest reduced to 2.375%) 2001 1966 P W Products 100 96 97% 186 100% 77 84% *__ April-Oct Feb-Aug gold 4s July 1995— Ann Arbor, first Armour 171% 92% Mar-5'ept i Stamped 4s July 1 *67 ..Mar-Sept Mar-Sept 1960__June-Dec 1961__April-Ocf 1969 Anglo-Lautaro Nitrate Corp 4s Anheuser-BUsch Inc 3%s debs 1961 7%s 6S 99'4 150 150 - 8s 100 >4 99 I *168 April-Oct 5 A Stabilization loan sink fund 7s A4y2s assented 1963 Porto Alegre (City 101% 97% ^Feb-Aug —2 —2 — 3%s debentures 1977 Atchison 1950 series A4%s assented 1968 § AExternal sinking fund 30 — cpnv debentures 3s *168 Mar-Sept (interest c,.A£}hs ^8S^ed 1958 «a 99% 99% 99% 150 Mar-Sept May-ZVou loan extl , IAPoland 99% 53% 1984 debentures 3)4s General A April-Oct June-Dec June-Dec — debs 1967 April-Get ? 3%s debentures 1990— Jan-July 4%s debentures 1985 ———Apr-Qct American Tobacco Co debentures 3s 1962—April-Oct 72 43 - *99% 103% Mar-Sept 2008 1st 72 — 47 Feb-Aug Plan 6s 43 — 99 Feb-Aug 1968— external f s ' • 7s 1947 pursuant to to 2.125%) (Republic of) ANat , extended (State of) Jan-July —— debentures J 2%s debentures 1971 %w ,21 114% *117 *99% 100 -April-Oct 1953 extended to 1963 extl loan (30-year) 1958 f APernambuco 20 21 . ApriZ-Oct : 1986——; debentures April-Oct ; 1987™ 3%s debentures 1973 ' Mar-Seot 1965 4148 debt adj 1972 Oriental Development Co Ltd— §A6s extl loan (30-yr) 1953 A5%s 20% 20% — *53%. sinking fund external loan 1963 __Feb-Aug Municipal Bank extl sink fund 5s 1970—Jnne-Dec SANuremberg - Mar-Sept (interest _Feb-Auy 1975 debentures ,2%'s — *20„ - 20% *114% Mar-Sept 4s 6s due 2%s (interest fund Jan-July ———Feb-Aug 1977 1980_— debentures 2%s 18% 3%s Norway (Kingdom of)— i External sinking fund old 4%s 1965 s 18)4 17% *20 iprfz-Oct sinking fund 6Vas 195& —-Jan-June 2%s debentures 1982— 1963_Jan-July 195a 6%s Stamped pursuant to Plan A reduced to 2.125%) 2008 414s 17% 17 >4 f 2%s ' 6%s Stamped pursuant to Pian A reduced to 2.125% ) 2008 ASecured 18% l MJnas Geraes (State)—• , *17% Jan-Julv 1 subord debs conv 17)4 (1942 agree't) 1966 June-Dec f debs 1964—May-Nov American Telephone & Telegraph Co— • A6s. new assented April-Oct f debentures 1980 Airlines 3s debentures debentures 1987 American Machine & Foundry Co— 4)4s subord conv debs 1981— 13% (assented to 1922 § ASmall June-Dec 4.80s junior ; IA Treasury 6s of 1913 April-Oct Feb-Aug Corp. 3%s s American & Foreign Power deb 5s 2030—_Mar-Sept ' A4s s American American Bosch — 13% 82 ■ Apr-OcZ 1979—— debentures f s 4%s 19 June-Dec A4s new assented (1942 agree't) 1968_Jan-JuZy |A4s of 1910 assented to 1922 agree¬ ment) 1945 ; Jan-July § ASmall ' 95 INDUSTRIAL COMPANIES May-ZVou (assented to 1922 agree't) 1954 96% 96% 80 80 3)4c 1967 May-ZVou Co 1st mtge 3%s 1972—-Jan-July 4%s sinking fund debentures 1982_ Jan-July of Canada Ltd 3%s 1970—May-Nov ASmall 182% 96% Southern Alleghany Corp debs 5s ser A 1962 Allegheny Lualum Steel Corp— 4s conv subord debs 1981 3s 19'4 91 *184 June-Qec AND Aluminum Co *18% 96% 94% 176% 99% June-Dec —— Aluminum Co of America 3%s 1964 1963-Jan-July 176% *168 % Allegheny & Western 1st gtd 4s 1998 Allied Chemical & Dye 3%s debs 1978 ALarge A4s of 1904 " . 1945_Quar-Jan agree't) 1963- extended to 1971 1961 91% ! assented new due 13% . § ASmall 1953 extended to RAILROAD § A Large A5s ... 91 92 91 *85 6s Quar-Jan , 96% 1 March lCC'b 13% 14% *13% 89 3% 89 89 20% 87% 37 24 17)4 20 17% 102 VJ. 21% 22 u 191% llKh *21 1961——,.——___April-Oct April-Oct loan of *12 1952——. Mar-Sept 1st mortgage 3 %3 1984 .——Mar-Sept Albany & Susquehanna RR 4%s 1975?—April-Oct Aldens Inc 4%s conv subord debs 1970—M&r-Sepf 1968__Jan-July 191% *100 178% 94% 1943__May-JVow (1942 agrcem't) due 15 *97 91)4 1J — Jan-July 587/a 117 1968 1899 12% *188 .—Jan-July -Jan-July (Republic of)— 3%s-4s-4%s (dollar bond of 1937) — External readjustment 1979 May-Nov External conversion 1979 . ——_May-Nov 3■%s-4%s-4/j;S external conversion i97o_June-Dec 4s-4%s-4)2s external readjustments 1978 Feb-Aug 3%s external readjustment 1984— Jan-July Valle Del Cauca See Cauca Valley (Dept of) AWarsaw (City) external 7s 1958 Feb-Aug A4%s assented 1958 ———: Feb-Aug A Yokohama (City of) 6s of '26 1961——June-Dec 62 (Republic of)— §A5s 15 14 High Uruguay 66 Irrigation—* 8 A4%s assented (1922 agreement) §A4%s small 1943— assented 97% 13 % 14 14 1952 coupon on Tokyo Electric Light Co Ltd— : r : §A6s 1st tntge $ series 1953— ———June-Dec 101% 58% 175% . 97 95 April-Oct ANew 88 14% Low *164 (40-yr) SAWith 82 191% *170% 97 May-Nov (State Mtge Bank) 7s 1957 (Colombia) 6%s 1954 30-year 3s s f $ bonds 1978 28 ■ 101% 101% Feb-Aug May-Nov 1965———— extended to 63% 63 *116 *120 AMedellin Mexico 78% "j 60 Jan-July Jan-July AJugoslavia Mexican 92% No. *90 8s June-Dec 1954 A5%s extl loan of '30 1965 94 §A5s sterling 21% 1334 82 April-Oct 1977- (Kingdom of) 7s 1951 Japanese (Imperial Govt) — 5%s due '15% 13 for Public Works 30-year gtd ext s f 3s 1977 § AExternal 7s 1952 6%s due 20 17% Utility Institute— extl 87 A5'4s extl loan of '27 Jan-JuZy fAItaly A6%s 21 17% April-Otf 30-year gtd ext s f 3s 1977 §A7s series B 1947 Italian Public 20% April-Oct Conv & funding 4%s 1966 v Heidelberg (City of) ext 7%s 1950— Helsingfors (City) external 6%s 1960 Italian 92 5%s due 1961 extended to 1971 123 Greek Government— A 7s J1 14% Power Co Ltd— s f 1971 : extended to 1981—^ (City of)— A5%s — 1949 German Govt International 5%s , 1930 3s dollar bonds 1972 German Apr-OcZ I' '■ — external 1962—————-May-Nov secured external 1962_ May-Nov 88 % 1G53 issue— 1972— series B "A7s 10-year bonds of 1936 Prussian Conversion Jan. 1 91% Serbs Croats 1969- Range Since Sold 92 Stamped pursuant to Plan A (interest • . reduced to 2%) 2012_——.— April-Oct & Slovenes (Kingdom)—• \ '■ 1 " 163 163 76% ^ Bonds lliyh Mar-Sept 19oo_I— water loan Stamped pursuant to. Plan A (interest ■ reduced to 2.25% ) 2004 ——Jan-July A 6s external dollar loan 1968-———ton-July 75% 74 17% — * Friday's continued— of) (State Paulo Sao 1924 dollar bonds 1972—. 3s 72 y. *18 May-Nov sinking fund 1973 German (Fed Rep of)—Ext loan of or Bid & Asked Low 100% 70 May-Nov 1953 4%s 5%s ' Week's Range Last Sale Price l'enoci High ■99% 5 *72% ton-July 1967 7s 6%8 Main en Low No. Interest ' Exchange Stock York 7s external *74 3s extl s f dollar bonds Jan AEstonia High New Jan. 1 Sold 99% 100 bonds Jan 1 1976—Jaw-July 1 1976 Jan-July dollar Friday .KONHS Range Since Bonds Bid & Asked Lojo Denmark WEEK ENDED JLLY 19 FOR Week's Range Sale Price 1957 BOND RECORD NEW YORK STOCK EXCHANGE Friday and Financial Chronicle.. .Monday, July 22, Case (J I) <fc (perpetual)— Ohio Adirondack Ry 3%s debs 1978 4s 4s 1965— 1981 June-Dec May-Nov April-Oct 82 79 83 100 100% 100 27 82 Va 86 98 103 87% 102 98 101V. 1 Jan-July 91 91 June-Dec Feb-Aug 1 99 Mar-Sept 93 7 « 120 2 99 59 *59 3 a 0 — 77% - 65 78% 79 Number 5657 Volume 186 1 The Commercial and Financial Chronicle ... (341) NEW YORK STOCK EXCHANGE BOND RECORD RANGE FOR WEEK ENDED JULY Friday BONDS York New Interest Exchange Siock - J-eriod or Friday's 3%s 1976 debentures April-Ocf April-Oct ; Central of- Georgia Ry— First mortgage 4s series A 1995 ' . Jan-July 70 . Central Pacific Ry Co— 3%s First and refund 3s 1974— series 1974. A 3%s debentures 1981 M 3 %s series "E 55 56 54 TV 59% 82T4 General 1958 4s . *94 TV — 100 U .86TV 86 V4 90! 90 TV 7 ,v . a 7 Fii-st 4%s increased series B Jan conv , 95!o 94 91 ya 95 99 TV 99 TV 99 W 98 99Ti> : 8534 85T4 99% 101% 7.85% , 87% 83% Be1/* 36 *86 '" 6 B mortgage 3s series B 1989 Chicago-Rock Island & Pacific RR— 1st mtge 2T«s ser A 1980 ; ^84 TV 80 63 *100 105 105 3TVs 85 72% a ' — *07T'4 80TV 77 TV 61 , 57T4 58 TV 57 ' 80 y« v 85 1993 62- 27 58TV 159 58 St Louis Division 61% 67 y4 67 66: 68 TV-. 2G9 53 70 5 66 70% 66 Ta ^66 Cleveland Electric Illuminating First mortgage.3s 1982,_ mortgage 234S 1985 . First 3%s 1986 First mortgage. 3s 1989- 4 TVs series f As 66TV debentures 3s 3TVs series debentures 3V2S debs 3 TVs B debentures series 06 TV 64% 69 70 93 92 93 933 V 10 92 97% 92 TV 92 TV 3 92 95% W 94 ■93 TV 84 94 TV 6 , — 84 51Vs debs series subord ; debs 96 74 95% 97% 99 80 97% 101% 91TV 15 88% 98 T 4 65 96 TV 84TV 114 Fuel & conv debs subord 76.^ *73 *95 Jan-July June-Dec 89 TV 90 7 85 TV __ 85 TV ..*83 TV *— Jane-Dec *— -.31 89 84 . a 5s 100 3 4 June-Dec 104 TV 108% 501 98% 87 TV 33 85 92 86 85 TV 92 101 _June-Dec 104 103 TV 1057a .May-Nov 130 130 W U31 43 98 TV 103 TV Qoast Dairies 1961 : '4-%a conv General 4s General 105% 1976—^ Transportation— 1981 subord debs debentures Dynamics General 133 % Electric 10134 105 TV 3'/2s debs 1976 debs 1976-; Acceptance Corp— < debentures 1958 3s debentures Corp 3%s 91% General Foods 91% General 101 101% 1960—_—-—: debentures 1961— *. *— 84 3%s 85 96 87 87'/V mtge mtge First and refund mtge First and refund mtge 84% General 78% 83% *— 83 81 83 79 80 79 87 75 74 85 4TVs conv debs 1977-1 General Tire & Rubber Co 4%s 1981 81 82 81 89% Goodrich 3s ser D 1972—May -Nov 86 1983 1st & ref M 3TVs series J 1984— & ref 1st series 3TVs M K series L 1st '& Tel M 4y4s series M 3s convertible debentures 4TVs conv debentures :_June-Dec 1986- _May-Nov 1986— _April-Oc£ ..June-Dec ...Feb-Aug 1963 , 1972 Consolidated Gas El Light & Power 1st ref M 2TVs .series T 1976 mtge s 3s 93% 94 100 TV 100TV 21 98 97% 93 W 1041V 170 TV 105 3V 105r'V 106 TV 153 178 TV 102% 110 86 TV 87 TV 88% April-Oct *— 86 TV 85 87 »/2 f 2T4s series X 1986——.Jan-July Gas 2TVs 1968 April-Oct *— 94 82 TV 65% *„ 90 TV 88% 95 debentures debentures 91 *93'V 100 TV Consolidated Natural 3 TVs 94 % *—• 3V4 sdebentures 1976 May-Nov *— 93 TV 89% *— 89 84 A 3s cum in U S inc debs dollars) as 3TVs subord conv Continental Can 3'/4s Continental Oil 3s Co 3'/bs Crane s debs 1976— debs 1984 f debs Crucible Steel Co of Am 1977-— Alst mortgage 4s June 30 AImp & equip 4s 1970— 86 335 98 98 7 93TV —— 86 High 104% *88% *85% — — June-Dec 40TV 40% 92 -- 40% 26 86 90 35% 41% 30TV .June-Dec 42 6 41 41 JunoDec June-Dec 31 *42 -f 3 42 3 26% 33% 33 42 34 42% 33% 44 42% Publishing Co— subord For inc debs footnotes 1986 see page April-Ocf 31. 95 TV 95 5 V 96 1J 75% 4s conv subord debs 1970 Authority of the European and Jan-July series) 1975 Apr-Oct first 4%s 1999_———Jan-July 2%s 1970— Jan-July (7th Hocking Valley Ry 93% 97% —Mar-Sepf 4TVs debentures —Mar-Sepf 4s sinking fund debentures 1978-,——..June-Dec 4%s s f debentures 1977 Jan-July JHudson Ss Manhattan first 5s A 1957 Feb-Aug A Adjusted income 5s Feb 1957 April-Oct 3%s 88 -x". , fio% 17 74 /• 88 133 94% 99% 84% 86 1 89 96% 103 TV 104% 47 100 6 83 54 95% 84 90 TV 103% 83 98% 85 101 — 118 93 *— 99 IS 100 124% 95% 101 debentures 1958 1968 17 108 124% 81 108% 120 745 111% 138% 98% 120% 120 162 94% 91 99in 100 96% . — 253 91% 89% 98% 82 93 TV 137 95 TV 70 87% 97% 101 98% 95 TV 95% 98 97% 99 88% 87 TV 89% 85 85 8G% 13 85 95 87% 87 TV 91% 55 84% 95% 91 54 85 95% 91% 33 88% 96 89% 89% 90% 90% *90% *— < 97 TV 102% 91 — 94% 92% 95 293 96% 105% 102% 104% 604 99% 109 83 90% "7 90% 104% 108% 246 99% 90% 107% 101 99% 97% *80 152 135 152 8 100 73 108% 97% 4 ' 98 73 8 71 *79%. 75 97TV 76 1 *71 *— *__ 68 70% 79 91% *76 17 *77% 83 96% 110% 2 152 103% 103% 91% 105 5 77% 65% 68% 91 94 72 _ 85 80 10 15% 19% 75 17 94% — 64 10 90% *81 72% 90% 85% 92 65% 90% 81 65 *__ 65 92 — *90 *80 147 99% 83 83 83 *11 Steel Community— secured 67% 78 70 90% *99% 103 TV 94% *— 82 80 82 144% 147 99TV 99% 41 58 108 98% 104 104 *80% Household Finance Corp Jan-July 69 TV 73 131% 133 mortgage mortgage Coal 91 67 —Jan-July 1969 Hertz Corp 95 89 72% 74% 70 . „ 93 93% ' n # . 89% 26% 91 63y8 12 90 — , 93% 19% 85 90 2 93 5TVs 1970 4s series A 1970 A 1st lien & ref 4s series B 1970 6s 25% 85 May-Nov 1970 Alst lien & ref 23% X, Jan-July Jfar-Sept April-Oef May-Mop 1st mtge 3V8s '66_May-Nov Cuba Northern Rys— Alst mortgage 4s (1942 series) Cuba RR— Curtis 2437 Mar-Sepf 102 74% * T 88% 1 —April-Oc£ . 86% to payment 89 103% 101 66% 65% 70 • , 2%s 1979,-—June-Dec First 2TVs 1980 x —June-Dec 1st mortgage, 3%s 1981 ..May-Moo 1st mortgage 3. TVs 1982_ —; _ June-Dec 1st mortgage 3TVs 1983... June-Dec Hackensack Water first mtge 2%s 1976—Mar-Sept §AHarpen Mining Corp 6s 1949 Jan-July First 1980_: debs debentures 130 100 102 ♦65 ,_Mar-Sept Mobile & Ohio RR— 3s 130 *87 2%s 1st mtge 1976—May-Nov First mortgage 3s 1978 — s—April-Oct 89 TV 94 160 89 •'?— Gulf States Utilities Feb-Aug (stpd 2001 « General mtge. Jnc 5s series A July 2015 April General mtge inc 4s series B Jan 2044 April 1st & ref M -3TVs series G 1980— —May-Nov Consolidated Railroads of Cuba— Consumers Power first mtge 2TVs 1975 Continental Baking 3s debentures 1965 Company— subord debs 1069 General 5s series C 197.3 ■Gulf 96 k June-Dec 1979_i 1978 June-Dec April-Oct 92 * 89 115 8 102 65% —.Jan-July .General 4.%s series D "1976—■——~Jan-July General mortgage 3 TVs series N 1990 Jan-July General mortgage 3%s series O 2000—__Jan-July General mortgage 2%s;' series P -1982—.—Jan-July .General mortgage 2%s series Q 2010—T_fJau-July General mortgage 2 TVs series R 1961 Jan-July AGreen Bay Ss West debentures ctfs A—^ .Feb A Debentures certificates B ; Feb 85% 3 124 *99 Mar-Sept 94 % 10 93% 22 89 153 TV 101 Mar-Sept Jan -July Jan-July Mar-Sept —Mar-Sept Jan-July 82% 85 TV 85% " 93% *88% Jan-July .April-Oct Great Northern Ry Co— (Bait)— U 1981 !> Jan-July 93% Jan-July 1st ref M 2 TVs series 1st ref 85 TV _ 85% —«. 93% _ 116 86 92 87% 78% — — 93 Grace r — — 118 Grand *85 85 TV 115 May-Nov 90 5 164 5 92% April-Oct 94% 92 180 80 % 80 111% 113 89% 92 107% 112% 111% May-Nov 85 10 147% ■> ___April-Oct 66 85 TV 95% 121% May-Nov Co first.mtge 2%s 1965—May-Nov (W R) & Co 3TVs conv sub deb *75_May-Nov conv 93 15 *80 May-Nov (B F) Union 108% ' Jan-July May-Nov 85 85 TV Jan-july 1985— — 3%s 85 94% 155 134 *85 April-Oct 86 TV 85 TV 01 .-* April-Oct 84 7V .Mar-Sept Feb-Aug 102- 85 . 88 5 93% 134% 143% 80 Corp 74 A 1982_Mar-Sept B 1977-April-Oct ser C 1972_June-Dec 3s ser E 1979—..Jan-July mtge 3s ser F 1981——Feb-Aug 1st & ref M 3%s series G 1981— —May-Nov 1st & ref 3TVs Shoe ser 1982_, ' 3.30s debs 1980 Mar-Sept General Telephone Corp 4s conv debs 197l_May-Nov First and refund mtge 1st & ref M 3%s series I 1979 debs Realty & Utilities Corp— A4s conv income debentures 1969 General First and refund 1st & ref M 3TVs series H 91 General ser 2%s 2TVs 2 TVs First and refund 1972— 3%s debentures 1975— Motors Corp 3'As 84 81 — Consolidated Edison of New York— First and refund debentures *80TV *82>V 1999 — debentures 3s 31 debentures 1964 1969 2 TVs 115 Co— June-Dec .April-Oct April-Oct 2TVs s f debentures 2001 April-Oct Compania Salitrera—See Anglo-Lautaro Nitrate f debentures 78 97 16 __ 96% Motors 99 % 291 94 96 TV Corp— Co 4s 8G s — Q subord 89 *99 TV 100"a 85 2TVs 99 97% __ 4y2s(.i08O-_-—.——Jan-July 3TVs convertible debentures 1975— 105% 3%s 3s series L 1977 First mortgage 3s series N 1978 3s sinking fund debentures 1999 — Co— American conv 91 y2 1013 i ' 84% 75 75 ;■ . 75 97% 128% 84% 70% 12 ■ * 157 82 84% 89 first 4TVs 1959 June-Dec scries A 1974—Mar-Sept Inc & Denver Ry Co 4%s 1082 Gardner-Denver 94% 124 East Fort Worth 99 % 42 90 Feb-Aug ' *70% rl51 AFirst and refunding 5s ; 89 305 1 2020——. 1972 JFlorida 91: 90 — 101'♦ 102 *89'a —May-Mow April-Oct ..Mar-Sept 110 80% 84% Jan-July 1. , 1977 Foremost 94 86 *— 119% 121 3 —June-Dec ; Rubber 3s debs Ss 3%s debentures 89% *86 TV Tire 2%s debentures 108% 84 *91 TV c income debs Jan Firestone 83 84 ——ApriZ-Oct _April-Oef June-Dec 121 198 113% 93 95 196 —— April-Oct -4%q conv subord debs. 1976——; 101 % 99 _Feb-Aup _Mar-Sepf 84 90 152 » .Ohio division.first mortgage 3'As 1971-^-Mar-Sept Metallurgical Corp— 84 *— April-Oct 87 79 — —- __ Fansteel -93 80 97 7 V . 86% _ 93 . 100' ,*91?V 95 80 82 *79 89% 86% 83 General rmgte ipc 4M»s ser A Jan 2015 April First consol mortgage 3TVs ser'E 1964—April-Oct First consol mortgage 3%s ser P 1990-^Jan-July First consol mortgage 3 %s ser G 2000—Jan-July 96 73 86% 88 .Jan-July 1971 subord debs conv Erie Railroad Co— 81 76 TV 90 1981 27 90 91% Associates— " 3%s 90 — *87% 88 (N.iY) first cons gold 5s 199§_Jan-July Elgin joliec Ss Eastern Ry 6%,s 'l970 ^Mar-Sept El Paso & Southwestern first 5s 1965 .April-Oct •5s" stamped 1965* April-Oct 92 r .- 80% First mortgage ,JB3 —— Columbus & South Ohio E'lec 314s 1970—May-Sepf Commonwealth Edison 87 10 Edison El.HI 102% 82 82 Gas 4TVs . 97 TV 90 TV 1 —— 2 84% 107% '1st 78TV — 87 CO Mar-Sept 98Ta 10 781V 1964— mortgage 3%s 19831st mortgage 3T4S 1986 1st mtge 4!Vs 1987 Combustion Engineering inc— ;—— 95TV > 87 134 TV mortgage <Sf coll tr 3% 1965Eastern Stainless Steel Corp— .iJan-July 1st 1 88 90 TV mmim 84% Mar-Sept Feb-Aup April-Oct Feb-Aug JMar-Sept 1977 debs 83 TV 82 84 — 87 Jan-July 03W - ii — -May-Mop 1st mortgage 3%s 1983— Jst mortgage J3y8s 1984:—; 1st mortgage .3.% s 1986 67 TV 1982„; H Conv subord conv 1961 83 TV 98% 78% Inc— Eastern ' 73 88 — Feb-Aug 97 r:,4 ~ , May-Nov 1977 mortgage ; 2%s 1979— 1st mortgage 2TVs 1980 1st mortgage 3 TVs 1982— 85 64 debs series G 1981— 4 TVs 3V2S debentures subord Industries 4TVs 87 TV 3 1981_ conv 93 9 86 69% 81 — u.June-Dec : Duquesne Light Co 2TVs 1977 101% 93 TV 85 84" *85 18 64 1980— F : list 64 1977—- E gold 4s. 1995 1995 4s ,Dow Chemical 2.35s debentures 3s subordinated debs 1982 77 TV 1979 D lien gold 93TV J an-July 92 79% 71 Detroit Tol & Ironton RR 2TVs ser B 1976_Mar-Sept 101% ; 73% Douglas; Aircraft .Co Inc—, . series first Mack 79 101 1977 92 85 3 80 *77% Map-Nov June-Dec 93% Dresser L.May-Nov 3TVs debentures series series O J980-; 74 -71 1975— series.C 3T4s 92 y2 63 • 411s 1961—April-Oct debs conv Ss Second 4s 'IMar-Sepf Columbia Gas System Inc— 3s debentures series A 1975 86 1969 74 38 — Cleveland Short Line first gtd Colorado Fuel & Iron Corp— debentures 93 TV 74 > 73 U mortgage ref Ss Detroit 72 TV 3s 1970 08% 66 1 — 85% *69% _June-Dec .Detroit "Terminal & Tunnel 4%s 1961 74 June-Dec 1 First convertible Gen . 1990. May-Nou first coll trust 4s 86% *71 (3% fix4d Jan-July ^Feb-Aug 3%s debs 197-1 (conv from Oct 1 1958)-Mar-Sepf Gen. &: ref 2%s ser N'1984 : Mar-Sept 65% 55% 3%s 97 TV Jan-July Cincinnati Wab & Mich Div 1st 4s 1991J Jan-J.uly 92% 91% 96% 9 __ 85 ;Jan-July 1970. Feb-Aug ' ; 07% General and refund 2%s series I 82% . B 89% 86 89 96% Afay-Nav 1982_^.May-Scpf TGen & ref mtge 2%s ser-J 1985_ —-Mar-Sept Gen & 'ref 3%s ser K 1976— May-Mop 3s convertible debentures 1958 ._June-Dec 66 ,76 mortgage 1993— 1 contingent interest) Epison 3s series H 933V Refunding and impt 4 V2S series E 1977 95% 85% -- 91 *85 96% April 98 1977- 90 89 —— June-Dec 9734 —Jan-July -Cleveland Cincinnati Chicago <fe St-Louis R-y—V, J General gold As 1993—; June*Dec General 5s series 1 2042 2018 Salt Lake Income 1% 65 .56% 80Tu ! 61 h . 59 TV ■*76% 1—Apr-Ocf debs f s 87% ' 86% (3% fixed interest) 1993 mortgage series -A (4%% contingent interest) 77% B0VV _Jan-July .IMar-Sepf 1971- Co. 3s 135% 80% 10 96 *61% contingent Denver 75 72TV " 1970 debentures Service ■*86 •«> May 93TV —April-Get 80% High 105 29 — 1973—May-Nov Feb-Aug i Jan. 1 Low Mo. mortgage series A l'Zo , 79 TV • *57T > May-Nov 2%s 1959- debentures 4 TVs Cities 109 Terminal— C X T Financial Corp 4s debentures 1960 * - . First mortgage gtd 3TVs series E 1969 First mortgage 2TVs series G J.974 ._1 Range Since Sold Rio Grande Western RR— -Income Detroit ■hi'-.* —Jan-July v" —Jan-July 1987_ 4%s Union 71 *70 refunding mtge 2TVs-.4TVs l994_Jan»July Jan-July ' ; ' \ ' First mortgage 3 %s series F 1963 —Jan-July First mortgage 2TVs series G 1963 .—Jan-July Chicago & Western Indiana RR Co— ' « 1st Coll trust mtge 4%s ser A 1982—May-Nov Cincinnati Gas Ac Elec 1st mtge 2TVs 1975-April-Oct First mortgage 2%s 1978 .Jan-July mortgage 81% 63% 2 *75,TV First and 1st Bonds Division Essex mtge & coll tr 3 TVs 1985 'First 101 y4 80 63T4.'"- T4 ^mcome 23/Vs-4TVs 1994; Cincinnati 82 TV 50 ; • *75" '' ■ —Mar-Sept Chicago Tetre Haute & Southeastern Ry— 1 , 80% Pennsylvania Division— 1st mtge &.C.0II tr 5s ser A 1985_ May-Nov 1st mtge & coll tr 4%s ser B 1985__,_Jtfag-Nov Delaware Power & Light 3s 1973 April-Oct First mortgage and coll trust 3%s 1977-June-Dec First mortgage, and coll trust 2%s 1979-Jan-July 1st mtge & coll trust 2TVs 1980_ Mar-Sept .1st mtge & coll tr 3 TVs 1984— ..May-Nov 1st A%s income debs 1995 Chicago Union Station— 125 High 131% Co— mortgage due 1993— Ss Denver & •/ 5s inc debs ser A Jan l 2055—-. —Mar-Sept Chicago'& North Western Ry— ; ' * •*' Second mortgage conv inc.4%s Jan 1 1999—April First RR 125 Jan-July May-Nov — & Western I : Collateral trust 4-6s ;May 100% 96 -99 2044,.—April 1 1977 and reiund M 5s series C A Income 91 TV 86'/a 1 • Friday's Low Lackawanna Morris 109% 85 TV or Bid & Asked '* ,9qTa . - . 91% 97 TV 100 Sale Price New York Lackawanna & Western Div 95 91% - — -100 . 94 93 TV '93 *93 W 100 "-'i Delaware • . ' debentures 3TVs 89 TV 94 ■ * •: —-April ^fay-Nov ■5s income debs Jan 2054-—: l jMay-Nov Chicago & Erie 1st gold 5s 1982 ,-May-Nov :Chicago;Great Western 4s ser.. A 1-988—-Jew-July -AGenbrar inci-mtge 4%s,Jittn 1.2038. —-April Chicago Indianapolis & Louisville Ry— ' A 1st mortgage 4s inc series A Jan 1983—April A 2nd mortgage i4 V2 s inc ser A. Jan 2003——April Chicago Milwaukee St Paul & Pacific RR—First mortgage-4s series A. 1994— :i_l_Jan-Jiily General mortgage 4 % s inc ser A Jan 2019—April ; 82 TV 92 *91 Mar-Sept . Chicago & Eastern 111 RRAGeneral mortgage inc conv. 5s 1997, First mortgage 3'TVs series B 1985 1 1 " . ; -. Week's Range Last Period Delaware .& Hudson 4s extended 1963. First and refunding mortgage 3'/as 1985—Feb-Aug First and- Refunding mortgage 2TVs 1970--Feb-A«p 1st & ref mtge 3s 1990-, _Feb-Aug > 82T4 —Jan-July Chicago Burlington Ss Quincy RR— . 120 *92 19PG—Feb-Aup Second consolidated gold 4s 1989 84 87 77 Refund and impt M 3%s series H 1973—June-Dec R & A div first consol gold 4s 1989 Ja7i-July - 70 86% 60TV 55 Chesapeake & Ohio Ry General 4Vis 1992 Mar-Sept Refund andiinpt M-3%s series D 1996—May-Noo Refund and impt 33 !?3T4" Feb-Aug Jan-July Jan-July —— 82 TV 02 W •'"> v _Feb-Aug First mortgage 3%s series B 1968— .Champion Paper & Fibre.deb 3s 1965— 86 y8 02 _Aprii-Oct * 80 76 71 Interest Exchange debs 1977Mar-Sep Dayton Power & Lt first mtge 2%s 1975—April-uct ^ First mortgage 3s 1978 ..Jan-July First mortgage 3s series .A 1978-; June-Dec First mortgage. 3 Vis 1982i Feb-Aug iEirst mortgage 3s 1984 Mar-Sept Dayton Union Ry. 3VVs series. B 1965 -June-Dec Dgere Jt Co 2%s debentures 1965— April-Oct High 62 *87 stock Inc— conv subord 4% , mortgage 4%s series A Jan 1 3020.—-May 4 '/as series B Jan 1 2020May Central RR Co of N J 3 Vis 1987 _____Jan-July Power 6 76 mortgage Central New York Low York Daystrom Jan. 1 No. 8i New Range Since Sold High 81 A Gen a Gen Friday BONDS Bonds Bid & Asked Low Celanese Corp 3s debentures 1965 19 Week's Range ^asi, Sale Price 80 — 151 101 99% 110 — 93 *__ 98% 50% 23 TV 98 TV 50% 94% 98% 51 TV 2 100% 95 24 98 98% 99 101 100% 98% 105%, 60 45 57% 8 20 30% 29 Commercial The and (342) Financial Chronicle... NEW YORK I STOCK EXCHANGE BOND RECORD MK TT Friday Interest BONDS New Last Period York Stock Exchange •BANOE Friday's or Sale 1'rice Low First mortgage 3s series B 111 Cent cousol RR 1978 June-Dec mortgage Consul mortgage 3%a series B 1979 3%s series C 1974 3%s series F 1984 May -Now mortgage 3V48 series G 1980 mtge 3%s 6eries H 1989 3V26 f s debentures Indianapolis Union 1980 Ry 2V4s ser Inland Steel Co 3V<s dfcbs 1972 1st mortgage 3.20s series I 1982 1st mortgage 3%s series J 1981 Minerals & Chemical Interstate 3vbb Oil f s 4V4s Jamestown 79 New 92 91 90 93 87 92 92 92% 89 97'A 88 100 100 % N 96 88 88% 1977 Jan-July 102% 10 1982 Franklin & Clear 1st 1959—June-Dec 4s 97 V 97% 10 82 106 % 221 97 % 121a 125% 82 Apr-Oct 120 *78 1st mtge 4s 1990 -April-Oct City Power «5s Lignt 2%s 1976 June-Dec 1st mortgage 2%s 1978 —June-Dec 1st mortgage 2%s 1980 June-Dec Kansas City Southern Ry Co— mtge 3 Vis series C 1984 City, Terminal Ry 81% 92% 81 84 83 85 96 .90 98 *85% *90% 90 April-Oc.f f AKreuger & Toll Mar-Sept Lakefront 1st Dock & mtge sink RR fund Mich & certificates Valley 374 3% 3 3% 10 *80 *6274 67 *76 83 June-Dec 5s stamped 1970—April-Ocf Coal Co— stamped 1964— 5s *81% 146 Railway Co 4V2S mortgage Lehigh Valley RR to 85 70 85% 75 i 67 82 82 2 82 89 75 77 11 75 85 60% 60% vo 60 69 64 72'4 . consol mtge gen A Series D ASerles E 4s contingent 60% May-Nov May-Nov May-Nov May interest 2003 *6574 # Little Miami Lockheed 3.75s general 4s series Corp— 1962 subord Star —— 100 debentures Gas 4%s debs Louisville & Nashville First & refund mtge 2%s refund mtge 3%s & First refund 9 101 3 7'4S s f debentures 1674 4V*s s 90 89% 411 90 5 > 85 117 89 'A 4s 97 ou 87 89 90 102% 88 12 89 2003 H 2003 5s & *77'4 RR 1977— 5l/a8 (Southern 1972 May Dept Stores 2%s debentures 2V4s s i debentures 1978 3V4s s f debentures 1980 May Stores Realty Gen Mead 1972 s f series 1977 Bobbins 3Vis debs Corp first mortgage Merrltt-Chapman 4Vis conv & 3s Scott subord debs Metropolitan Edison » first Firbt mortgage 2%s 78% 77'4 82 68 .♦ 83 • 78% —— 90'A 94'/a „ 1 79'A 81% 75 8i y» — - 80 80 80 — Michigan Cons Gas sinking 80 3.10s f s 46 81 88 299 5 93 74 84'A it __ 96 __ 88% — 8 *9274 June-Dec 3Vis 1988 series — 82% Apnl-Ocf Minnesota Minn St f s inc 1967 — Mining Paul & & 1986 Mfg (quar) 2%s Ste 1967 1974 Oklahoma Gas & Electric 2%s 1975 85 85 89% 87% Prior lien 5s series 105 93% 92 93 82 80 85 87 40-year 4s series Prior lien ACum 4V'as B 88 Missouri Paciiic RR First & 95% First & 92 99 First & 90 5s 93% 79 1978— A 96% 97% 99% 96% 102% 93% 92 mtge 414s series B Jan 4V4S series G Jan income 94 & Malore 4%s Morrell (Johni <fc Morris & Essex first 3%s Ry 1 2005 Jan Co 3% debentures Nashville First 4Vis conv National 3s i6t sub Daiiy 3s Steel mtge 1991 B 1966 debentures Tel 1958 St & 1986 85 78 7 4 debs 1970 73% 88 5 63 63% 11 60 75% 73 72 74% 143 69% 82 70'/a 7074 71% 166 67 80'/B 2020 60% 60 60% 2030 57% 57'4 58% 192 53% 66% 54'/a 5474 54% 232 51'4 62'/2 92 93 6 92 98 63% 5 60 y4 68 92 63 Feb-Aug 'A *91 May-Nov 100 56% 73 May-Nov 73 *7574 84 __ *9874 100 57% * _ 58 26 73 56 122% June-Dec & 91% 60% 85 3 %s debs 1982 37«s 1974 April-Oct 89 May-Nov May-Wow 31. *D2 3%s series Z 1988. mtge 4%s series AA Tel & 2%s debentures 1981 3%s debentures 1991 4%s debentures 1988 ! Pacific Western Oil 3%s debentures 1964 BO 69% 90 Va 81 77 83% 84% 97 :A 105% 92 13 105 95% 104 98 104 100 *— vr my* 102'4 too 97% 94 92 >100 95 . 88 *86 927 100 91 25 a 93'A 86% *85 60% *67 7 2 70 59 V* 35 61 61 90 91'4 90 82 8274 23 96% 82 3 95 Va 86% 62 y8 85% ~3 63% 84 68% 85% 85% 90 102 ya 101 Va 102 74 9174 95% 92'4 89% 8974 -100 97 .92 66 91% 82 *81% 85% *85 87% 88 83 O 92 B0 9374 95' s first April 4s 1981 external 1960 series B refunding 95% 96 74 if 1974 1977 2%s 1971 96', A 87 86 95 V4 49 90 104»/« 98 First & refunding 2%s 1981 82 refunding 2%s 1978 refunding 3'As 1982_ 1st & ref mtge 374s 1983 : 82 1985 85% 9474 15 83% 92% 80 8974 9274 7 79 74 78 87 0 81 83 88 87% 84 85 86 ya 85 91% 93'A if _ *87 *83 100 88% 80 89'/a S3 83 90 74 80 V„ a *8574 100 93 74 89 10074 98% 81 94'A 104Va -83 83 81 84 90% 82% 68 y2 93'A 82% 90 74 84 5 74 82 *70 84 89 Va 81 91 88% 9274 8 85 95% 20 93 104% 81% 23 79% 91'/a 99% 100% 83 98% 103 "a 85 85 99'A 997; 6 _ 81 85 100'4 9774 98 102% 100 'A 102'4 32 99 Vb 10474 85% 86% 71 84% 86 86% 10 72 72 96 '4 9674 99% 100" 96 'A 55 124 94% 84% 95 69 4 74 96 13 , 97% 55 60 85'4 86 *102 a 55 *84 — 92 '4 105 102 105 tr 90 90 101 *84 — June-Dec Feb-Aug Jan-July -—June-Dec April-Oct 86 80 y4 «■ Feb-Aug Jan-July June-Dec 93 74 4 8574 79% 86 84% 90% . 83 88 15 87 94'4 82 62 5 80 89 y4 80 8774 88 *80 90 68 Va 88 • 84 . a & 86 100% 63 % *83 May-Wop First & 100 r 87 37 May-Wop 374s 98% 100 7a 84 85 April Mar-Sept refunding 2%s 1974 mtge 86 *86 ApriZ-Oct 19D0 refunding 2%s 1967 ref 86 ■ *101% 102% .Jan-July D & First 88 80 81 81 & 91 y* 83 a 87 100 First 94 y8 90% — 1984 series Marquette Ry 3%s series D 1980— Philadelphia Baltimore & Wash RR Co— 94 82 y. 86 83 7 mortgage 374s series F 1985 1968 Pere 89 106 80% 81 ApriZ-Oct Jan-July B mortgage 474s series E & 91% 63 82 Va *85 81 99% 5s 95'4 80 86% 8574 4s 104'A . *83 10274 series & Eastern 88% 85% 100 10174 *98 June-Dec 5s 474s & 84% 84% — 104 74 104:! :_June-Dec 4'As series A 1965 General General 7st ■ 91 Va Feb-Aug First 93 90 85'A — bu% *„! April-Ocf Pennsylvania Power & Light 3s 1975 Pennsylvania RR— Consolidated sinking fund 4%s 1960 92% 101% 90% *88 June-Dec 131% 86 85 Va 88 62 78% 0 Feb-Aug —,__Feb-Aug 84'4 97 77 XJJ. 8i Mar-Sept 115% 3 6874 88 April-Ocf April-Ocf 18 3 47 % •> Mar-Sepf May-Wop 89% 74 62% 38% ' 81 1985—June-Dec 1978 88 86 58% 1 <% 3874 63 0 June-Dec June-Dec 1986 debentures 1983 91% 98 — — 2 82 *77 if 83 debentures 90 98% 5 38 74 38% *817 debentures 90 "A 86 9874 73 . *81 1987 General 74 72 7 —- June-Dec 150 85% 2 63 June-Dec 1986 Peoria 87% 63 June-Dec 1984 1987 debentures *8774 — X Y debentures *87 — 1984 series series General gold 4'As series C Philadelphia Electric Co— 86 ' - M ref AIncome 81 . ref Tel 3'/ss 3%s General 98 73 M General 90'/a 86 12274 127 85% June-Dec f 374s series W & General 54y8 — — 70 98 2 86 — June-Dec s M refunding ref 3'As 77 63% 2% 62'A 72'4 June-Dec June-Dec 3'As 62% iy.i 63 June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec 3 74s 93 . 77 June-Dec 2%s ref & & First 1981 1st & 1% 14 72 74 June-Dec 27/aS 81 Co— 3%s 1st 4 36 1% 82 74 June-Dec 3%s 64 62% 63 Feb-Aug 1976 Corp 58 28 Louis— B 1970 P"cds & 1st 85 32 67 63 June-Dec 2%s 1986 series debs 80 59'4 65% April-Oct Prouucts debentures Distillers National 3s & Registei debentures 3%s Natl gtd 4s series Chattanooga Cash 93 58% 83% rMar-Sept LMar-Sepf 83 274 Co— refunding 3s series L 1974 refunding 3s series M 1979 refunding 3s series N 1977 refunding 2%s series P 1981 refunding 274s series Q 1980 refunding 374s series R 1982 refunding 3s series S 1983 refunding 2%s series T 1976 refunding mtge 3%s ser U 1985 1st 90 72 1978. mortgage National *80 - 1 Electric 1st 85 89 67 1990 1 A ser first, gtd' 3V28 2000 Mountain States Tel 79% 78 yb 59 Jan-July Gen mtge income 4%s ser B Jan 1 5s income debentures Jan 1 2045 4Vis coll trust 1976 Monongahela First Pacific 1967—April-Oct Reorganization issues— mtge Mohawk 16 89 Jan 1st mtge 78 Va Jan-July D ser Co & First & 9574 Jan-July 1st Gen First & 104% 88 First *97% & & 91% April-Ocf 1962 series adjustment 5074 61 3s First & refunding 3s series K 1971 Marie— 1962 42 mortgage 88 98% 1980 refunding 3 Vis series I 1966 First & refunding 3s series J 1970 91 1 2%8 mortgage First Pacific Gas RR— A mortgage First 91 98% 86 *— mortgage 4V2S inc series A Jan 1971 May A General mortgage 4s inc ser A Jan 1991 May Missouri Kansas & Texas first 4s 1990 June-Deo 134 81 82 74 1979 June-Dec 274s 1980 May-Nov First mortgage 3%s 1982 Mar-Sept First mortgage 3'/4S 1985 June-Dec 1st mortgage 474s 1987 Jan-July Oregon-Washington RR 3s series A I960—April-Oct 80 % *9874 100 N 43% 42 7274 Feb-Aug mortgage mortgage 2%s 1975 First 1st F M A 59'4 Mar-Sepf ApriZ-Oct May-Nov 83% «i First Missouri-Kansas-Texas first First First & 1972 Sauite Edison 3s 82 *74% Feb-Aug April-Oct 54 June-Dec Feb-Aug 1996 99 Regulator— 1976 debs debentures 69 107% 93% — Mar-Sept Mar-Sept Jan-July 1969 179 l'A June-Dec 1975 debs subord conv Vis First & C 56 73 States Power Co— 93 80% 1979__Ja7i-July mtge 3Vis 1969 Mar-Sept debentures debentures subord 3 First 1969-. 3:i8s fund 10174 102% Jan-July 55 42 Jan-July 67 97 Minneapolis-Moline Co— 6s • 4s Feb-Aug Co first f debentures s 85 103'4 105 93 June-Dec Minneapolis-Honeywt 11 33/4S 84'4 mtge 27/aS 1974—May-Not) 4 Vis 2%s mortgage 3%s — *68% Mar-Sept 1966 82 55 April-Oct 89% 103% 80 (Minnesota) first mortgage 2%s 1974—Feb-Aug First mortgage 2%s 1975 April-Ocf First mortgage 3s 1978 Jan-July Ilrst mortgage 2%s 1979 Feb-Aug First mortgage 3'/4S 1982 June-Dec First mortgage 3',4s 198£ .April-Ocf First mortgage 4Vis 1986— Mar-<Sfept (Wisconsin) first mortgage 2%s 1977—April-Oct First mortgage 3s 1979 —Mar-Sept Northrop Aircraft Inc— Corp— 4%s debentures 1991 First A 2047 Northern Ohio Fet-Aug 1980 Michigan Central RR mortgage 8 4'A Mar-Sept 1973 1975 Michigan Ben Telephone First ser 1984 85 Corp— mtge 5s McKesson & 4s 94% 77 *74% May-Nov Jan-July Feb-Aug 77'4 B0 60'A .94 79 *-» Feb-Aug Feb-Aug , 4s 1959 84 69 ~4 91% 85 May-Nov 1978 Lines) 77% — Quar-Feb Northwestern Bell Telephone 2%s 1984 debs RR trust 86 80 -Quar-Feb 1 2047 2047 Refunding & improve 4%s Coll 95 79 80 Quar-Jan Quar-Jan 1997 88 *79% Mar-Sepf 2%s debentures subord conv Maine Central Manila 1976 1997 registered 80 95 9374 debs 1973—May-Wop 90 *76'/a 0 I 2003 ser 1968 ucIjs Co f s 88 *85 April-Oct ser G registered 3s 88 Inc— uuiu debentures General lien 3s Jan 119'/a 83 93 74y2 7474 *80 May-Wop May-Wop 85 20 95 *7174 May-Wop 98 f 79 Vb 87 80 92 _ Feb-Aug 1973 99 88'/a 7474 Jan -July debentures _JEJT„. Trucks Refunding mortgage 3748 series E 1978 Refunding mortgage 3s series F 1981 f 95'4 60% 83 90 Va cons s — 56 Ya Jan-July 3 Vis 9874 10 *87 Jan-July 101 Va 89 — ovas 1977 Nortaern Natural Gas 3%s 95% 56 'A RR— 1994 100 *86 ApriZ-Oct Louis dlv second gold 3s 1980 Mar-Sept Louisville Gas & Elec 1st mtge 2%s 1979_May-Nop let morteage 3'4 s 1982 Feb-Aug let mortgage 3"ae 1984 Feb-Aug Macy \R H) & Western 79 102 St Mack Electric & Gas 2%s 1st mtge 4s & 58 2 66 *A 81 h. ser mtge 3%s State 16 if 74 Light first mtge 2%s 1975—Mar-Sept first consol gtd 4s 1993—April-Oct ous.iueuaima 5874 s Putnam x 66 5o 14 56% mortgage 2%s 1980 General mortgage 2%s 1980 General mortgage 374 s 1983 119ya Apn7-Oct April-Oct 63 »4 69% 58 June-Dec 9 Mar-aept April-Oct intge 3%s ser F 2003 60 1992—Mar-Sept 72 RR— First & refund West ref 4s June 101 89% April-Oct 58 *74 100 87 1976_JunE-Dec 62'A 58 Jan-July 92 74 Apr-Oct Island Lighting Co 3%s ser D Lorillard (Pi Co 3s debentures 1963 3s debentures 1976 r 3%s debentures 1978 5774 807* 101 RR— 82 June-Deo 1982_. 60% 11 *55 May-Nov 5 *95 7 a May-Nov 62 9 59 May-Nov 85 97% May-Nov 1952 2c 61 Jan-July 1973 — Northern Pacific Ry prior lien 4s 1980 63% 53 if 85 May-Woe Long First *69 Va 62% 60% ■* 6974 m- 97 General Aircraft 4.50s debentures 1976 SALorabard Electric 7s series A Lone 61 74% 58 Jan-July April-Ocf April-Ocf General mortgage 3Vis 1983 Feb-Aug 4%s conv debentures 1972 Feb-Aug Norfolk & Western Ry first gold 4s 1996—April-Ocf Northern Central general & ref 5s 1974—Mar-Sepf General & refunding 474s ser A 1974—Mar-Sepf 78% 58 *5874 contingent interest 2003 May ASerles F 5s contingent Interest 2003 May Lehigh Valley Terminal Ry 5s ext 1979April-Ocf Lexington & Eastern Ry first 5s 1965 ApriZ-Oct Llbby McNeil & Libby 5s conv s f debs '76_June-Deo 74 % 73 33 Jan-July 58 78 74 *56 4 Vis 67 'u ___May-Nov 61 70 131 a 70 98 7a Refunding mortgage 3s series H 1989—April-Ocf Refunding mortgage 3%s series I 1996—April-Oct Niagara Mohawk Power Corp— bds— A 4s fixed interest 2003 Series B 4 Vis fixed interest 2003 Series C "5s fixed interest 2003—— 70 7 7o'a 97 Va 61 mtge ser A 2004 Jan-July mortgage 4%s series A 2019_^Jan-July N Y Telepnone 2%s series D 1982 Jan-July 76 68'4 63% AGeneral 85% 74% 99 62 76% June-Dec 1955 4s Y 1st Jan-July Series & Term 73% 99 86 -- 64 Va Port Chester— & Y Ontario & Y 75 — River N 65 ■ 85 — 97% April-Ocf mtge 4Vis series A 1973 41/2 69% 87 — . & Y Power & Feb-Aug 1974 A series New Haven & Hartford Y N (N Y)— extended 4s 1973 B AGeneral Lehigh Valley Harbor Terminal Ry— 5s extended to 1984 West & series 95 Va 74% Feb-Aug Feb-Aug 1974 Lack Y N 68% ref 1989-—— RR 274s series B 1975 Y & Harlem gold 3%s 2000 Mortgage 4s series A 2043 •— Mortgage 4s series B 2043——-— 1st 97 *65 3'As A debentures income Harlem 3 90 e Feb-Aug Feb-Aug 98 N A 1968—June-De0 ref 1st gold 3'As 1998 50 89 ya 90 88 *82 Jan-July Jan-July — 1997 collateral 97% 146 93 VB gold 3'As '97—June-Dec 1st & Lehigh Valley mortgage 3%s 1997 registered Shore First Terminal— 1st & 1st mortgage 1998 Y Connecting JAN 146 93% April-Ocf 1959 3%s series South 3'As registered 1997 Lehigh Coal & Navigation Lehigh 0 67 60 *75 refunding mtge 4s ser A 2007—Jan-July AGeneral mtge conv Inc 4%s ser A 2022 May 48 86 88 83 _ Y Central & Hudson River RR— 4Vis N 96% 104 78 82 74 .8 0 69'a N ■ Kings County Elec Lt & Power 6s 1997 Koppers Co 1st mtge 3s 1964 Lake Shore series A 4s 90 90 100 *8174 May-Woo 97% *48 107 697a 4Vis N 88 84 Jan-July Jan-July 1961 88 84'/a 1974 1961 80 81 Jhne-Dec 2%s 95 80 85 100% 102 * — 85'/a N April-Ocf Karstadt (Rudolph! 4'As debs adj 1963—_Jan-July Kentucky Central 1st mtge 4s 1987———Jan -July Kentucky <fc Indiana Terminal 4'As 1961—Jan-July Stamped 1961 —Jan-July 5s 1974 registered 1998 — Micnrgan cent collateral gold 3 Vis 1998_Feb-Aug 3'As registered 1998 —Feb-Aug New York Chicago & St Louis— Refunding mortgage 3'As series E 1980—June-Dec First mortgage 3s series F 1986 April-Oct 100 97 5 100% Feb-Aug 3 %s 12574 83% Kanawha & Mich unguaranteed May-Nov April-Oct Mar-Sept aan-July B 1961 3%s debs High 89 63'A Lake 105 Jan. 1 Low Wo. 10 93 63'A 93 90 Mar-Sept Range Sine* Sold 94 93% Refunding & Impt 4%s series A 2013—April-Oct Refunding & impt 5s series C 2013 April-Oct Collateral trust 6s 1980 April-Oct 92% 91 93 Consolidated 170 High Central RR Co— General A 1987 May-Wow 1980 couv Orleans Terminal 3%s 1977 New Co— series debentures New York T 146 88 3Vas Co Bonds nday's 90 *.8 3V»s 1988 Junction RR gtd Inst 4s 1986—Feb-Aug New Jersey Power & Light 3s 1974_ Mar-Sepf 93 99% *78 , r Bid Si Asked June-Dec New Jersey 89 82% *83 ...Jan-July Week's Range or Sale Price England Tel & Tel Co— 3s 86 93 Tea 2%s debentures 1967 New Jersey Bell Telephone 0 Mar-Sept Jan-July Period Exchange First guaranteed 4%s series 3s debentures 1982 94 88 88 Kansas 4'As 90'A 87% *90 Plain National 87 'A 1976—Mar-Sept joy Manufacturing 3%s debs 1975— Mar-Sept 1st 86 81 13 *78 Jersey Central Power & Light 2%s Kansas National Supply High Breaker-— subord couv 81 88 6 stock Low Corp—1- 1977 Pipe Line debentures Circuit 4 Vis debs debentures f s I-T-E subord conv 80 Mar-Sept International 3.65s 08 1986—June-Dec C Low *87% May-Woo Jan-July Feb-Aug Mar-Sept Jan-July mtge 1st * mtge 3%s ser A 1979__May-Wop Consol Consol 1st 79 80 York Jan. 1 No. High 81 Dllnola Bell Telephone 2%s aeries A 1981—Jan-July Range Since Sold Bid &, Asked New Last Interest B()NDg Bonds Friday JILY i» fOIl HttK ENDED Week's Range Monday, July 22, 1957 84% a 91 91 90 91% *83 88 68 90% Commercial and Financial Chronicle Number 5657... The Volume 186 (343) St NEW YORK STOCK EXCHANGE BOND RECORD RANGE FOR WEEK ENDED JULY 19 BONDS New York Muck Friday Interest Exchange Period Week's Range Last or Sale Price Friday's Bid & Asked Low Phillips Petroleum 2%s debentures 4l/4S suboicl COI1V oebs 1964 Feb-Aug Feb-Aug 1987 Pillsbury Mills Inc 3%s s f debs 1972 June-Dec Piusbgn Bessemer & Lake Erie 274s 1996__June-Deo Pittsburgh Cincinnati Chic & St Louis Ry— Consolidated guaranteed 4s ser G 1957—May-Nov Consolidated guaranteed 4s ser H 1960 Feb-Aug Pittsburgh Consolidation Coal 3V2S Pittsburgh Plate Glass 3s debs 1965 1967 82 374s series A 83 4 Vis — *98 98 Vi 98Vi lu0% Swift & Co 2%s debentures 1972 95 99 103 Vi 7514 83 Vi 96 Vi 96% 75 Vi *96% — 95% *90 941a 95 Vi 95V2 — 90% 97 First general 5s series C First general 4Vis series D 1974 *100 -- 108 100 — 3 Vis Pipe f s June-Dec Gamble & Public Service 1970 First and First and First and First and 3Ves 374 s debentures and debs 1981 Gas & 89% '89% Mar-Sep£ . Quaker Oats 1972 Radio Corp debentures 1964 Jan-July 1978— 4Vis series B 1978 4Vis 1978 series C 90 — gold 6s Louis-San 1996 Francisco Ry mortgage 4s series A 87% 84 — 5s — — 152 mtge 4s debs Jan A ser St Louis-Southwestern Ry— First 4s bond certificates 2006 ~'l 72 72 72% 75 — 99 93 87 103% 202 98Vi 112 87 79'/8 86 86 75% 75 77% 24 75 —May Mar-Sep 67 % 67% 67% 14 64% 80% 63% 63 64 60 68% 1 83 Va 91 *— 96% Jan-July — 86 93 96 —— 99% 96 103 96 — 90 — — - 87% — *90% ■ ■ 96 *8714 __ St Paul Union Depot 3VoS B 1971 April-Oct Scioto V & New England 1st gtd 4s 1989—May-Wow Scott Paper 3s conv debentures 1971— Mar-Sept Manufacturing 43/is debs 1982 186 *95 — • 96'% 100% 92% — ■ 101% 99 Va 102% 18!) — 105% Seaboard Air Line RR Co— 1st mtge 3s series B 3%s s debentures f 1977 Seagram (Jos E) & Sons 2Vis 1966 3s debentures 1974 *77% — "bo % * debentures 4%s subord 1972 debs 99% Feb-Aug 1977 Service Pipe Line 3.20s s f debs Shell Union Oil 2 Vis debentures SASiemens & Halske 6%s May-Nov ApriZ-Oct Aprz'Z-Oct Mar-Sept 1982 1971 1951 Sinclair Oil Corp 47'ss conv debs 1986 99% __ 99% 100V4 53 99 15 95 % 98 92 92 30 82% 89 % 2%s debentures 2Vis debentures 1985 103% — 3 Vis convertible Indiana debentures Ry 2Vis Southern Natural Gas Co 104% 108'% 111 % 484 26 *95 . 7914 — 79 Vi 88 95 -- 95 78 90% 2 75 83% 83% 85 77 % *77 82 36 80 77 .... 117% 106% — 84Va 78 — . .J* Southern California Edison Co— Southern 84 84Vi „ Jan-July — 92 *93 —— 1970 107% 108 Jan-July 114 105 68 64 Jan-July 1994 172% debentures 1976 3 Vis assented series A Vanadium Corp of America— 3 Vis conv subord debentures 1969 64 1 63 67 166 173 18 135 173 First and ref 5s Virginian Ry 3s series B 1995 First lien and ref mtge 3 Vis ser C first 72 77 62% 71 " 91% Shore K) 15 101 109 2 107 — 5s income first 4s A Spokane Internal first gold 4Vis 2013 Standard Cpil Products 5s conv 1967 Standard Oil April-Oct 3 Vis conv 1982 April 77 *— 77% 120 Vi 82% 77 II II 88 92 87 87 Vi — 91% 101% 99% "99% 102 80% 9% 101 % 80% 85% 78 73% 93% 93 Vi *75 debs 1980— first mortgage 3s Central 95% 88 100% 88 90 92 92 *97 3i 99 60 Vi 62 46 57% 60 60% 24 57% 93 Vi 93 V i i 2 60 V 4 65 64% ft "7 88 17 88% 93% 40 103% 122% 87 Vi 91% 98 % 99% 100% 88 Vi 9831 6 4* 95 Vi 89 90 98% 88 99% 86 17 106% 108Vi *87% 103 % 90 89 *— 100 85 84 88% 9774 95% 88 90 Vi 90 93 Vi 90 101 Vi 101 Vi 9831 100% 95 *87 6814 Service 73% 6714 63 86% 82% 86% " 66 69% *— June-Dec 1976. 2%s 67 Vi Jan-July May 1 2029 A Jan ser Power 88% 74 > 85% Mar-Sept 274s 1979 Public 83 97 Vi 88 97 Vi ApriZ-Oct Jan-July series A 2004 Electric First mortgage 59 83 *78 Vi Feb-Awy 1958 70' 88 RR Co— mtge 4 Vis inc Wisconsin f s 71 85% 71 85 Vi *56 Vi (JO 1 76% 54% 70 a May 3%s Jan-July 1971— Yonkers Electric Light & Power a Deferred 2 90 «... 77% 77% 120 delivery year's' In the sale not 94 range, n 4. e Odd-lot sale not Under-r,he-rule sale not included in the year's range, r Cash -sale Included the In 154 123% § Negotiability impaired by 87% fCompanies reported as being In bankruptcy, 92 the 84 142% 119 d Ex-Interest, y Ex-coupon. maturity. 84 66% year's range, included in the year's range, 75 82% 90 2%s l970_Jan-July 87% 77 —w , 1973—April-Oct 1984 debentures 1st mtge 4s not — June-Dec 112 98 Vi — guaranteed 2361—. Whirlpool Corp 3%s included —- 82 Vi 82Vi * Westinghouse Electric Corp 2%s 1971 Mar-Sept Wheeling & Lake Erie RR 2%s A 1992—Mar-Sept Wheeling Steel 3Vis series C 1970 Mar-Sept First mortgage 3 Vis series D 1967 —Jan-July 3Vis conv debs 1975 May-Wow 103% 107 *97 May-Nov 152 104"% 116 107 % 107 *101' '2 103 % April-Oct 27 100 Jan-July 4s registered 2361Jaw-July Western Maryland Ry 1st 43 ser A 1969—April-Oct 1st mortgage 3Vis series C 1979 Apr-Oct 5Vis debentures 1982 Jan-July Western Pacific RR Co 3 Vis ser A 1981—Jan-July Gen 1321/4 104% 106 93% 92 103 Vi. 104 New Orleans & Northeastern RR— 1985 145 Vi *— 106 mortgage Wisconsin 91% 90 RR Co- 86 72 xo2 . 1975—Mar-Set>t 1958 97 67 i 80 Vi consolidated 82 *60 162 79 — May-Nov First 85% *„ *87% "80% 54 2 JRO 162 *88% 89 debs 80 84 161 162 April-Oct Jan-July April-Oct 83Vi Bell Tel 2%s debentures 1983— 78% 100 162 June-Deo mtge 3Vis ser J 1982 Virginia & Southwest first gtd 5s 2003 83% Southwestern 102 Vi 100 Vi 84 1st & ref 87% May-Wop 17 80 *79 1st mortgage & Refund 3%s ser I 1981—June-Dec 88 * 1977 97Vi 97 96 1001 i 102 1978—Mar-Sept 1979—Jwne-Deo mtge 2V4s ser H 1980 Mar-Sept Wisconsin — — 98 101Vi 94 -June-Dec Winscon-Salem S B first 4s 1960 91% *— 3 June-Dec 1951-. First and refund m£ge 2 Vis ser E First and refund mtge 3s series F First and refund mtge 2%s ser G Wilson & Co. 103V4 94 4 Vis conv subord debs 1976 Mar-Sept Vandalia RR consol gtd 4s series B 1957—May-Nov Virginia Electric & Power Co— 101 % Jan-July Jan-July Jan-July —Apr-Oct Jan-July Jan-July 94 „Jau-July 101% Mortgage 27/is series E 1986 mortgage 2 Vis series F 1996 First mortgage 2Vis series G 19611st mtge 5 Vis series H 1983 Southern Ry first consol gold 5s 1994 Memphis Div first gold 5s 1996 87% -Jan-July Participating ctfs 4Vis 1968 91% First 92 87% _Jan-July -— 6Vis sinking fund mtge series C 3 Vis assented seiies C 1951 91% First 93Vi 877a -June-Dec 78 — 99% 93Vi 93 la _May-Nov 1947- 63 '75—June-Dep 87% sinking fund mtge series A 1951— .June-Dec 93% May-Nov (Indiana) — — 93% 1981 90 92 82 _ApriZ-Oct 92 % 4Vis 90 90 Apr-Oct 1967 United Steel Works Corp— 6Vis debs series A 1947 92 % San Fran Term 1st mtge 3%s ser A 90 .Mar-Sept 92% Gold 3 Vis 2%s debentures 116 103 Va .May-Wow 1973 92% Southern Pacific RR Cor— 99 98 90 *82 __Feb-Aug 1972 May-Nov 1969 T 879 % 116 0 -Jan-July —Jan-July 1975 ;_Mar-Sept (Oregon Lines) 4Vis 3 Vis 3Vis A 1977 First 4Vis 80% — .April-Oet trust 1973—June-Dec Gold 88 74% 11 —— 1966- _AprzZ-Oct -Mar-Sept 4 Vis conv Southern Pacific Co— Joint coll debs Rubber S West Feb-A up 1987 97 84 —June-Dee 234S 3 Vis series B 1971 Feb-Nov Warren RR first" ref gtd gold 3%s 2000 Feb-Aug Washington Terminal 2%s series A 1970 Feb-Aug Westchester Lighting gen mtge 3 Vis 19tf7__Jan-July General mortgage 3s guaranteed 1979—May-Nov West Penn Electric 3 Vis 1974 —May-Wow West Penn Power 3 Vis series I 1966— Jan-July — *90 Skelly Oil 2l/4S debentures 1965— : Jan-July Bocony-Vacuum Oil 2 Vis 1976— June-Dec South & North Ala RR gtd 5s 1963 April-Oct Southern Bell Telephone & Telegraph Co— 3s debentures 1979— —Jan-July 84 Va 84% 103 116 85% ICO IBS — *— 95% 1—*, 89 Vn 767a Gen mtge 4s Income series A Jan 1981 April Gen mtge income 4Vis series B Jan 1991—April jL«*» —June-Dec 91 82% 84% *97 85% 80 • __ Sears, Roebuck Acceptance Corp— 4%s U Wabash May-Nov —Mar-Sept —-June-Dec 1980 86 86 88 71% 86 May-Woo 88 92 85% ~ii 84 *74% 84 Vi _May-Nov America 1977 3Vis assented series A 1951 — Second 4s inc bond certificates Nov 1989-Jan-July Duluth first cons gold 4s 1968-June-Dec of Co & f s 6 Vis Mar-Nov 1989 mtge 4 Vis 75 t .. Jan-July ; —— — 72 102 83 — 86 82 % 1976 -Feb-Aug 1969 3Vis sinking fund debentures 1st mtge & coll tr 4Vis 1977 ' St Paul & Scovlll 152 Biscuit debentures 2Vis — 72 O' _May-Nov 96^8 89 __ 84Va -June-Dec United Gas Corp 2Vis 1970-, 1st mtge & coll trust 3%s 1971 1st mtge & coll trust 3 Vis 1972 . —•>.. 98 Va 93 91 _June-Deo 1980 debentures 2%s Corp— subord debs conv 3Vis 180 Co.— 4lis ser A Jan 2022 ser B 1980— income 92% 91 180 — - Mar-Sept gold 5s 1996_Jan-Jnlp April-Oct ASecond mtge inc 1st 82 87 Mar-Sept - 6s 1st — Jan-July 1997 Pacific RR United 102% 69 91 1st mtge & coll tr 2Vis mtge 3Vis 1982 94 89% United Artists 94 927/e 3 *bo — 1st 1st 87 Va 92 6 92 *90 97% 129 88 96% 88 96 % lb 91% debentures 3s lOOVo *84 — of Missouri 3?4s 1971 _May-Nov ^ApriZ-Oct mortgage and coll trust 2%s 1975^ 1963 _May-Nov First 91 70 90 ,87 —— 100 95% 94 ■ 91% 21 — 114 5 88 *95 .June-Dec impt 3%s I960— .Mar-Sept 1961 and 26 69 85% 111 3 95% 88 .April-Oct 1986 91% 77 Second debentures f s 100% 93 7a 86 Vi 81 Va 1 — Refunding mortgage 2 Vis series C 1991-_Mar-Sept Union Tank Car 4%s s f debs 1973 _AprZZ-Oct -z. "•>' 81% 113 .June-Dec 1974 Union *72 St. 33is Orleans 93 *87 1st New 87 Mar-Sept 1977 Adirond'k 99 % 82 95Vij 96% Saguenay Power 3s series A 1971 & 82% 93 81% 93 St Lawrence 79% 4/ 113 94% Jan-July . debs 10 9 4 la .June-Dec Union Electric Co 173 % Corp—• subord conv of 99 81% 93 1990— .April-Oct RR ' 90 81% *84V'2 w> — *90 — Jan-July 1977 mortgage 3Vis series J 1969 Aircraft 5 Vis and refund M 3Vis series C Tol & Ohio Cent ref 92% 87% 90Va 95 Jan-July 1 Rochester Gas & Electric Corp— General mortgage 4Vis series D General *88 Union Oil of California 2 Vis debs 1970 91% 100 — 89 Va Tide Water Associated Oil Co— 111% 81 *91% 1980—J«ne-Dec conv % 98 162 87 % *86% — Reading Co first & ref 3 Vis series D 1995—May-Nov Reynolds (R J) Tobacco 3s debs 1973 April -Oct jRheem Mfg Co 374s debs 1975 xec-Aug Riiine-Westphalia Elec Power Corp— § a Direct mtge 7s 1950. May-Nov SADirect mtge 6s 1952 May-Nov § ACousol mtge 6s 1953 Feb-Aug AConsol mtge 6s 1955 April-Oct Debt adjustment bonas— 5Vis series A 102 90% *81 -- 90 88 Va 93 1970— .April-Oct 3 Vis 104% ■ 165 *— — Mar-Sept 3 Vis 90 *93 Apr-Oct of America 96% 32 *162 — June-Dec 1 1977 2s/8S 2a 91% *106 • 88 Va 8112 Tri-Continental Corp 274s debs refunding mortgage 3 lis 1983__April-Oc£ debentures 98Vi 90% —May-Now 3l/2S debentures 1975 4%s 97% — Co— 1963.. 91% bo 4 83 88 Va 90 98 84 13 84% *81 % _May-Nov and refund M 3%s series B Term —— refunding, mortgage 3 Vis 1968_.Jan-July refunding mortgage 5s 2037—Jan-July refunding mortgage 8s 2037 June-Dec refunding mortgage 3s 1972—May-Nov refunding mortgage 274s 1979_/une-Dec First and Rohr *89 — April-Oct 84 General and refund M 374s ser E 1985- Jan-July Texas Pacific-Missouri Pacific— II — Mar-Sept 1986 Electric debentures 1st 2Vis luova 89 92% — St Louis— Texas Corp 3s debentures 1965 Texas & New Orleans RR— —— Procter 3s Line debentures 101% June-Dec 1977 106% 100 94 *9214 Refund and impt M 4s series C 2019— -Jan -July Refund and impt 2Vis series D 1985— .April-Oct First Feb-Aug 91'/a 101 99 *89 Jan -July Jan-July May-Wop Jan-July May-Woo Texas & Pacific first gold 5s 2000 — Plantation Terminal RR Assn of Mar-Sept 1962 B 86 Va 83 Vi 1033/4 99 Va 100 75 Vi Jan-July April-Oct 6 « Mar-Sept First 1984 general 5s series 1973 101Vi 99 Vi 2Vis debentures 1973 99 Vi 6 102% 102Vi Jan-July 1982 98 100 Pittsburgh Youngstown & Ashtabula Ry— First sinking 99 *98% 86% High 81 — 86% 1 Jan. Low No. 837a J an-July 1974 (Ohio)— fund debentures debentures 2%s Range Sines Sold High Standard Oil Co Sunray Oil Corp. 2 Vis debentures 1966 Superior Oil Co 8%s debs 1981 Surface Transit Inc 1st mtge 6s 1971 99Vi 98 Va Pittsburgh & West Virginia Ry Co— 1st mtge 92 Bonds Friday's. *82 debentures 23is 1971—May-Nov (N J) Stauffer Chemical 3Vis debs April-Oct May-Now 3V4s series E" 1975 1st mtge 3V2S 1964 Chem 115 92 — or Bid Si Asked Low Standard Oil 95 107 *97 ApriZ-Oct General mortgage 592 Last Sale Price High 91% 92 *99 Vi June-Dec General mortgage 5s series B 1975 Pittsb Coke & 8 *81 guaranteed 4%8 ser I 1963—Feb-Aaff Consolidated guaranteed 4%s ser J 1964_May-Nov Pittsburgh Cine Chicago & St Louis RR— 5s series A 1970 Low Period New York Stock Exchange Jan. 1 No. 93Vi 108% 111 la *— Consolidated General mortgage High Interest BONDS Range Since Sold 9234 109 Vi Week's Rang* Friday Bonds receivership, or reorganized under Section 77 of companies. transacted during current week. Bankruptcy Act, or securities assumed by such •Friday's bid and asked prices; no sales being A Bonds selling flat. AMERICAN STOCK EXCHANGE WEEKLY AND RECORD YEARLY the In following extensive list we furnish a complete report of the transactions on the American Stock Exchange for the week beginning July 15, and ending Friday, July 19. It is compiled from the report of the American Stock Exchange itself and is intended to include every security stock or bond in which any dealings have occurred during the current year. RANGE FOR WEEK ENDED Friday STOCKS Last American Stock Exchange Sale Price Par Aberdeen Petroleum Corp class A Acme Adam Co Consol Aeronca Aero For footnotes see 8% 25 25% 7% 1,000 200 600 2V« 2% 9.500 ♦ 8% 8% common—5 7% 8 . 6% 8 I 1 Friday 300 1,000 Last x3% July 8 July 23% July 5% Mar 5% July 1% Mar 7% Mar 5% Jan 11% 30 Jan Apr Feb 8% July 1074 Jan 2% Ju'y 8% Jun 10% Mar Way Industries Inc Ajax Petroleums Ltd Air Alabama Gas Alabama Great Alabama Alan Wood Steel 5% Alaska cumulative Shares ' 2% 2% 2% 50o % 13 13 preferred—100 841 10 26= preferred Range Since Jan. 1 2 —50 29 2,300 12,200 1,800 2% July H Jan 28Va July High 5 Vb 1 1 Jan Jan 3474 Jan 4% 50 160 ;< 148 100 1 LOW High 3 85% Co Airlines Inc for Week 29 Southern 4.20% Range 28% Corp Power — Sales Week's of Prices Low Par High 574 Sale Price American Stock Exchange Range Since Jan. 1 Low 2,700 5.200 page 35. 4% 6% Agnew Surpass Shoe Stores Manufacturing High 5% Manufacturing Corp Supply Manufacturing Ainsworth Shares STOCKS for Week 8 25 % —1 Inc Range x3% 1 10 common.- Industries JULY 19 Sales of Prices Low l Precision Products Inc Acme Wire Week's Monday, whether Jun Jan .K 83 Jun 92 V4 Apr ts Jan 89 Janr 27% 400 26% Jun 813i Jun 31% 4% 8,80p 33a Ma/ 4"4 i t Commercial The Financial Chronicle. and „» Monday, July 22, 1957 (344) 32 i EXCHANGE AMERICAN STOCK Low Par WEEK ENDED JULY 24 4 10« 'Alleghany Corp warrant* Allegheny Airlines Inc 1 Allied Artists Pictures Corp 1 5%% 'convertible preferred 10 Allied Control Co Inc —1 Allied Internat'l Investing cap stock—1 Allied Paper Corp 8 Allied Products (Mich) common 5 6% 11,800 2% 2% 1.200 ~3% 8% 1,200 51% 3,100 12% American Air Filter 5% conv American Beverage common American Book American Electronics American Petrofina 850 78 % July 100 22 Feb 10 900 8 July 13% 500 9% "l% 72% 175 11,100 xll 9% 9% 30% 31% 33% 34 Photocopy Equip Co— Seal-Kap common 1 33% 31 American .2 14% 14% American Thread S 3 8 Lead Ana con —2 Products "A" July 'Canadian Canadian Williston May 24% Canal-Randolph Jan Natural Can6o 88 % Jan Carnation Jan Co July Mar 1% May 76% American Jan Carter 21% July Castle 36 Jan 30% July 34% Feb Feb 18% July 39% July 173/4 Jan 19% Apr 14 Vb Feb 14% 3 300 5,400 6% 1,200 1% 10,700 500 16 16 15% 2,600 3% Jun 4% Conv Central 23 Feb 15 July 43/4 Feb lft July 13% Feb Mar 14 7% May 2 Vb Chamberlln 8 8 8% 5,300 7% Mar 4% 4% 4% 700 4% Mar 290 91 88 87% July 10% Jan 4% July Feb 101 Consolidated Chief Christiana Clark 91% 91% 25 Electric Associated lOo 91% July 15% 2.50 101 Apr Atlantic Fisheries 6% Mar Atlas Plywood Automatic Steel "Non-voting ! •8;% 25% 1 4% .4 3 8 1 4% Co Products ft July 8% Jan % 2 Jun 2% Jan 2 2% 1,200 2 Jun 3% Jan Colonial Sand 3% 4 2,900 3% Apr 5% Jan Commodore Hotel Public Jan 1033/4 Fe"b Community 98 1 Jan 1% Jun 39 Feb Co Stone 1% 1% 1,100 500 4,000 4% 4 3/8 4-% 21.900 7 7 7% 3,400 46% July ext Vtc to Connelly 9*700 8% 9 15% July 43/8 Apr 26% 10 1965 Inc— Consol Cuban Petroleum Baker Industries Banco de los American 39 39 100 39 16% 18-% 15% 16 15% 16 800 2% 3 13,600 Jun Jan 46 Foote Co Gear Corp 143/4 14% Feb Feb 21% 17 Electric Corp. Industries 10c Inc ,_l0c ^ 16% Feb 3% Mar Feb 3 3ft 52,500 1% 134,800 200 11 17% 17 17 3% 4 5% 4 2 5% 1,300 2,600 200 6V4 Jan 5% Jan 14% Jun 14% 1,000 42 9 • July May "4% 6% Mar 12% Feb £1 American dep rets ord reg Columbia Power common British ~5 200 11% July 4% Jan 6'/a 500 5% 32% 2,200 29 % 91% 92% 70 14% 2,200 ioy4 10% 900 2% 2% 100 9% 9% 10% 8,800 7% 7% 8% — 92% 10% Vb 4,300 Jun 5 3/b Jun 34% Mar Jun 94 • dep rets ord reg 58% 59 59% 5,200 5ft — 5ft 3,800 510 __ 5 iff 6.400 33,300 18% 700 63/b Mar 15% .15% . Jun 8% July 53/8 Jut: 12 y8 Jan loy8 Jun "6% -Feb 634 Jan 6.300 1 May .T7/e Jan J 00 21 July 243/4 May 9% Jan 17 18 -17 % 5 300 Jai: Apr 15 TOO 17% 5 •'?«■ 13'/a Apr 15 32,200 13% . 200 ■ 18 Mar May % Jar. V 11% Mar 10% 11 400 17 1 Jan 18 1,000 17 2,300 5 July 17% July /Ta July " July 14 July 10% July l_._il.50 Jan 5-1 5% 10% May .11% Crown Cork Internat'l Drug Co 4% Jun Cuban Atlantic Cuban Tobacco partic "A" 6% 2,500 4"« 4% Mar 5 July 6,100 81 % Feb 96 Mnv 12:,4 121,700 5% Apr 6% 6% 6% 200 6 Jan 18% 18% 19% 500 17 Vb Feb 22% Jan 26 26 50 24 J/2 Jar. 26 Jan 1 % Feb • _25c " 1% l3/4 100 Oil 143/B 10,300 9% July 14 V2 16% 18% 1.050 -18% Feb 6 Jan 50c Co Sugar common—■ 3% 3% 4% 20,000 15% July 3% Jun 5. 18% 1834 19l/2 9,200 16J/2 Mar 23% 37 37 50 common. _%c Curtis Lighting Inc common.. 150 1% 22,600 9% "l% 38% 1% • Cuban-Venezuelan Oil vtc 1% 7% Jan 8 3/b July 5% Feb Jun 31 Jan 43 Mar 45 % 60% Feb Jun 5 A July 4% Jun 5 A July 5 A Apr Manufacturing Daitch 9'4 class 1 __2.50 11 11% 1 Davenport Hosiery Mills Davidson Brothers Inc— 13/4 43 Jan Feb 17% Jan 3 Apr 55% May 23% 15% Mar 19 16% 19% Jan Jun July Jun 6 Va Mines Inc.—„—— : 10c Dayton Rubber Co class A ... 35 Dejay Stores common —50c Dempster Investment Co— 1 Dennison Mfg class A common 5 8 % debentures 100 6 J/8 1 J/4* 334 Detroit Manufacturing Co 1 100 67\\ Jun 11% 1,500 374 Feb :5ya Mar 5 4% July IV2 Jan 6% Jan "• 2ft 2ft 2 42 4b 700 ft 15,700 3 July 6% 6% 6,300 3-% 3% 100 73/4 July 33/4 Feb 16% 17% 1,500 16% Feb 12% 12% 6,900 12 % 9.500 % Jan 400 3% Jun Jan July 8% Jan 5% Jan 22% May 16% Jan dep rets ord .reg—>-—6s 8d (The) Corp 'r 1 Exploration Ltd i —2.50 Dominion Bridge Co Ltd .* Dominion Steel At Coal ord stock • Dominion Tar At Chemical Co Ltd • Dominion Textile Co Ltd common • Dorr-Oliver Inc 7.50 3% 3% 5% 2,500 1% 1% 20,500 Douglas Oil Company Dow Brewery Ltd.— Draper Corp 43/4 Feb Driver Jan Duke Apr DuMont 2% Jan 7 7.50 8% Jan Jan Power 50c Calgary Ac Edmonton Corp Ltd • Calif Eastern Aviation Inc California Electric Power 5 36% 13 1 22,300 4% 5% 700 35% 36% 4,800 10c I $3.00 preferred preferred 2% 2% 1 13% 13% 13% 6,000 5% 5% 5/0 1,100 3 Fire Insurance .6 Campbell Chilbougamau Mines Ltd see page 35. 25 Feb Feb 38 July 27% 27% 27-% 450 l 9% 9% 10% 13,300 Jan 9Is Jan Corp reg common...— Duval Sulphur & Dynamics Anr July Corp Jun 3% Apr Jan 60 Apr July 50 Mar Eastern Malleable Feb 6 Apr Eastern States 100 8% 8.% 18 V'a 187k 40% ,.,100 5 Va. 31 '4 50 207a 1,500 9 (a 4,500 " 87'a 8% July 13 19 J/4 July Feb 34 74 Mar 9V2 41 Jan Jan July 47k 1,800 5:,a 31',4 20^8 Jun 31 y2 15 8,100 40'ft 28y4 Feb 11% May 8Va Apr rlOO «/2 Jan 20 7-4 4,500 11% 5J/B 3% July l51/4 May 14% Apr - Apr 30% Apr 31% Mar 19% Jur. 23% Jan 872 Feb 10% Jun Apr 69'/2 May 30% May 6V4 Jun ' 54 .1 . 28% 1,300 267a Apr 5'/a 7,300 4% Jan 6% 2% 5 30 J/4 4% 30* 10s 1 • 1 Apr 2¥4 July 53/4 May " 4% "i% 1.300 4% 7 Ya 7% 100 17Va 17% 150 317-8 * 29 >4 28% America 1 5% 5»2 53 4 • 1,300 8,900 37b Feb 7 Feb 7% Apr Jan I4J/2 Feb 18 28 Apr 3574 Feb 7% Jan 5*2 Jur. May Jan 143/4 31% Potash Co of 13% Mar 29 20J/2 ; 21 v —J 8% 18 * (The) Co Hosiery class B common Test ' 11% 1 Dunlop Rubber Co Ltd— American dep rets ord Duro 46 Laboratories— , 42 50 1 % May 4% 1% May 5% July •- 297o 10 B) 55 10,600 50 Calvan Consol Oil Ac Gas Co Co Co.—.—— (Allen Common Duraloy VB common.. Harris -Co 6% Jan 32.50 1 * ——• —_1 $2 preferred 1% July 4% 14'ft American Drilling & Exploration ft Jan 600 218 Jan 2l« 2% 7% 16 V* .15,500 2% July 8% Mar 5% common 31,400 46 Jan Ltd— 700 10% Jan Jan 3% 200 6% July 8% Jun Feb 39% Alay 146 7 7'a 2% Jan Jan Jan 6% 77 a "9% May Apr 5 Feb Jan ft 36% 47 a 2% 3 3/b I Feb 374 ~9% 10% 138 Jan 16V2 May 7% Jan 3Ya 14 1% Jan 4Va 14% 5% Apr T5J/« 30% Mar 12% Feb 6 20 140 140 —1 :—— — — _25c Club Inc (The) Distillers '' - • 3% Mar ■ Iron Foundry 1 Development Corp of America—.—...1 Devon-Palmer Oils Ltd 33 400 . 14% 1 Jan 8 6J/8 May 1% Jan 1,800 __ 1378 25c Jan May 10 Apr ' 14 J/2 12%c Jan 2% Apr 133/4 Mar 900 3% \ Dome 12% Jan Apr 10'V Jun;-/ 75 j - Diversey 6% May 9 ■ Gray Diners' - 1ft '■-VA 3% Day Detroit Gasket & 6 V2 Jan 6% July 200 -1,800 14J/4 Jan 10c Cable Electric Products . Ti% 14 J/4 23 1 ' D 13% 1 1% 7 2.50 A.;—4 Crystal Dairies Inc Co Feb 1,500 Jan 10% Feb ~8 2 J/4 18 8% "7% Jun 13 18% 6% July 7 * 200 10 J/4 ^2.50 1,200 2.50 Company 2,100 94% 19% 9% Alar lls« 93" 94% 5 (Md). preferred American Apr 6 12% ...5 ;—1 1 „ common Cuban 19% t. ' coqjmon.: Cent Petroleum $1.12 5% Ltd— 10% July 23/4 Feb Jan 17 6% 10 Super Corp 1 Jan " Jan Jun 6% x89% Ltd— For footnotes ... Crowley Milner & Co Durham Camden Jan 6% 30 5% ,2.200 7% •% • Curtis c $2.50 2% -1,600 19% 9 convertible class A O 11,600 Feb 5-/8 a-ar 4 Apr 23% July 8% Jui: I;«0() ; 7% Jun 1 Vb 6% 50c common Burroughs (J P) Ac Son Inc Burry Biscuit Corp Byrd OH Corporation common C Ac 4% 1% May 3,700 : 21 19% American dep rets ord shares..3s 6d 6% 5% July 1,100 1 preferred preferred Mines 36,800 18% 18 • Buell Die Ac Machine Co Burma 21% 17 1 common (The) 20^4 17% 2.50 Buffalo-Eclipse Corp Hill 100 400 18% 10 common convertible Bunker 27% Mar r1,100 1 preferred Corp serial 2% 53% 1 Bruce .(EL) Co common »Brack Mills Ltd class B 6% '21% 2% 53% i — 1 £1 Company common Brown Forman Distillers 60c - ... Beverage Corp. Jan 27 % £1 Brown Budget Finance Plan Jan 5% 1 American dep receipts .(ord reg)—£1 , , Apr Mar 7 Petroleum Co Ltd— (The) 22% Feb 5%- 21 — British Company 200 ' Crystal Oil & Land Co common Jan 16 32% Feb !• rets,ord reg British Celanese Ltd— B 8 F 1 * J.—: Crown t xl5% Mar Tobacco— fl -Buckeye 17% 9.200 9% , 5% 5% 21 • Crown 8% May 100 13% — t Jan 200 • Co 15% July •9,700 a 14% r 5c Crowell-Collier Publishing Co Jan 13% 15% 32 —— 48% 7 Vb 7 15% 20c dep rets' ord bearer Rubber Feb Jan Apr - , Mines Creole Petroleum Feb 7,100 • Co cumulative Ltd— preferred class A— Courtaulds i Jun Jan 5% 14 6 12% 3% Mar 2,100 7 Cott 18 % May Jun 13V2 — Apr 4% 42% 1 Inc May 10 15% 11% den 4% Coro Inc. $1 Jan 12% 42% Amer Brown Jun 10% _1 ... Corroon & Reynolds common A July Jan July 12% III* I3 common A 7 14% l common Works American American ( 6 % Mar 4i%%; 51 20 voting. Gold • 10c non-voting.. Cornucopia Feb Inc— Distillery A Class- B -, Aviation & (Hj Class Mar Apr 42% ~i common Gas Jan 9% 36 % 14% ► 90') -544 : 5% "!%■' 5% Diesel Continental Jan 2% 25 „ Amer , 16% Mar 50c common Brillo Manufacturing Co common British American Oil Co British 150 3ft j Brazilian Traction Light Ac Pwr ord__* Bridgeport r 5 5? 53/8 prior cumulative preferred-100 Borne Chemical Company Inc 6 Bourjofs Inc 1 Breeze 49.300 ~7% 3ft eo! i 574% Brad 18% 11 ~i II_I_IbOo common C) v* -25 , 5% 'Continental 16% Jan i Black Starr Ac Gorham class A Blauner's common (H 25,:. 25 • 8% --9 21% Mar 200 j B__I Bell Telephone of Canada Beiock Instrument Corp Benrus Watch Co Inc Bohack - 23/4 - : TOO 2,100 9 Vb Continental 19 % • common Co 14% 8% Jan 19% goo Ac Jan Jun 15 Jan 3% July 6% Apr Jan 14-3,4 Mar 9% ' Shoe Corp (S) 1% 7% 30% ,19,000. Apr 10 JUn 100 9% 434 Jan 5% Barry Controls Inc class Incorporated Bearings Inc.— Blumenthal 5 Jan 5 >4% Mar Jun -1,200 Engineering—1 Commercial Corp— i 3% July 800 3,801) lo Basic Inc Jan Jun July 2% % 9 ■ 13% 3% 3% 4% l Barcelona Tr Light Ac Power Ltd Steel Corp Bickford's 6 400 300 '■i '-•2% 14% 2% May 4% 3% 1 Banff oil Ltd— (A S) - -3.200 1 '5% 10 1.25 Jan Mining & Smelt Ltd.; Consolidated Royalty Oil Continental Air Lines Inc 1 & Gas— Barium Beck 6(2 23%'"24% Consolidated Andes— Ties ■ 4%' Consol Jan 3 shares Beau-Brummell % 31 Feb ,-3 Va Apr Jan "'93/4 . Jan 24% Jan 93/4 S Baldwin -Rubber common Baldwin Securities Corp Jun Jup July 23% Jan 25% 3% *• 6 • Inc -87 Feb G'/e 1,200 2,000 14% V" i'tei 4%- ■ 4% 20c 9% July 1 i ,3/b 10,000 *k 14% .50c ; Corp Jun 63/b 1 — Mar 21 % May 31% 14-% __„1 Containers Jan, Cooper-Jarrett : 73 143/4 Compo Shoe Machinery— Corby OH Jan 31%- _1 Service '•'4% Jun 4% ■'9Va 1 Co ,10y8 — »• Class A ~2% • .30s Inc—... 5% Mar May ■8(10 .•5% 2.V, ■ 10c Cockshutt Farm Equipment Co Colon Development ordinary & *:20% May 8% May * vtc Oils Caribbean Feb 2% Jan '12% 5 , — Continental Materials Corp.. Cook Paint & Varnish Co.. Bailey 8c Selburn 5 -2,400 11,100 8 Feb .*■ Alar 4% IOVB 100 73 100 ' 9 6% 800 Jan ;12 1,350 26% . .2% 8 i'u Jan Jan -66 (4/4% 2%' 46 Automatic Voting Machine Ayshlre collieries Corp common 9 -25% 0% 16 Vt preferred .ft? ft,ft !—1 1 46 Products Inc non-cum 1 85 Clayton & Lambert Manufacturing—4 2% Jim Vb -Jun "/ ,200 21% Clopay 15% Audio Devices Inc 83 Apr iV 5% 13% 25 Feb Mar 23% 20,600 13% 21% 83 10 4 1. Jun 4 3ft .1,000 :;-«5% 13% 15% Aluminum 6% May 7%--Mar 22% Club Jan Jan Feb ;73% July 8 J/4 Feb ~47». Feb — Corp •5% Feb 11% May Jan 11 - -73 % 315 Jan 9% July Jun 5% Jar. 18% Mar 4% Corporation 5% 23% 4% ,6,400 £& v,-.12,900 % 17% 16 • Feb 3/b MaV May 63 73 13% 10 pesos Co 24% 800 l lOc Coast Line 106% July ' 4,100 8 1 Atlas Consolidated Mining Ac r Development Corp Atlas Corp option warrants Jan May 6% Mar - 12,800 6 Associated Tel Ac Tel— Atlantic .Coast Apr 9 4 , Ilia .12' 1,'400 24% 24% ,.v" 50 % % „ 5% .3% 3% 15% 1 • ; ....—1 Manufacturing 2Vb ;__lc Class A participating 29 39 17% Jun 1,400 200 7% /■ 11,000 514 5 Mining— Corporation... Claussner Hosiery Co— 9% 1 Inc 5% 1 Clary Coastal Co Mar 7Tb Mar 31%' Feb 10 — Co.. "5% 2 4% 18% 7 21% 6 21 of America Gas 7% 14% Industries— Oil Ac ; 21 ~8Vb Food Stores Associated '• 4% .2.50 Corn— Oil Controller Clarostat Light— Associate Laundries 27 50 100 __10 : common Chesebrough-Ponds Inc—— Rivet Ac Machine..— 39% July American dep rets reg - ,1,100 .10 —2 /Chicago 27% July Associate 31® Feb ' Feb 25o Jan .8 (it 4 100 100 America—i of Charter Oil Co Ltd—s-1 Jan Jan Inc 113 28% Z 18 Va • common .17% 20 Productions Jan 2\l July 95,300 . la Mar 1 ...1 1 1 1 Inc—! preference Co Corp 33 Artists 7 Jan J.37 %",' . 3%' Jan 13b 102 i . pfd 4% Lignt Charls 55,600 Assoc 4,800 2% 8 7« 27 Va May Apr 23/b July 5% "July 110,000 2%. j<: 4% May ,3% May 24% 2,000 3r700 Co— Power & Convertible Jan 40,800 1 " to • $1.50 series 16% May 39% warrants 22% May 3 Vb Jun ,4,10(1 • .6 . *» 10 Century Investors 277 a Co 10% Feb *.-1 Co.— Century Electric Co 35% Ac 2 - 2ft 36 preferred—... . Power Central % Mar 7% Maine 3.50% Jan Jan 21 Ac M) preference 26 % Armstrong Rubber Co class A_ Aro Equipment Corp Feb Jan 2s 6d of America— Ceneo Corporation..... 1 Central Explorers Ltd— 'Central Illinois Secur Corp.. 34% May Jan 3i (A 37% Armour J ft *' dep rets B ord Catalin Corp 11% May 1,450 - July 8 3A Mar 11,500 400 Jan 27% Power Ac 3% 28 common- (J W) Co common Products common Casco 30% Feb 88 preferred: ~2% 5.50 Carey 11% Appalachian Elec Power 4% % pfd—100 Fuel Oil Corp 8 8 6% 12,500 25% , 2% <—5 1 Capital City Products common Baxter Ac Kennedy Inc 243/4 May 26% Jun ,14% 23 14% 1 Gas .Co 25 6 .—1 1. 1 vtc Ltd Producers Oil Arkansas Louisiana 4>72% 2% Corp— Ltd vtc—> jun ' '1% 5o,io0 a 2% 3% 3% 25% Gas July " ~2% " 17 bit Carreras Ltd— 12% 4 lft 1% —2.40 — Arkansas Arkansas 1 6c Ltd partic Minerals Petroiina Feb 7 10', 9 ft. % 2 % pfd—10 Canadian Marconi___. 10% Mar 52 % Cherry-BurreJl common—— shares Angostura-Wupperrnan 4% Mar 70 39% 5% 5% 10 4.78 Anglo Amer Exploration Ltd Anglo-Lautaro Nitrate Corp— Jan ■28% July Jan 19 % 9 2 Dock Co Ltd—.—* Canadian Homestead Oils Ltd—_—10c Canadian Dredge Ac Carolina Power Ac Light $5 pfd 11,600 22% 20o Ltd Mines Post Anchor Feb 5% 112,000 815 8 vtc.l Oil Co Ltd Atlantic Canadian 143/4 May 17% 12% 13 J,400 125 3% 4 8 Writing Paper common Incorporated Amurex Oil Company class A 15,500 10 31% 16% AMI 800 34 17 Va American Jan May 32% .1 preferred— ' 71 21% 27 A— 5% Petroleums Ltd Jan 1% Jan 19% !0 American 400 26% 72' 19% pf Inc class 20 preference Southern Jan 50 .1 Co- 81% 1,80U 2J x31 1 20 6% Jun **1% 72 ——1 Co July 123/i 9 • Meter 12 % 23% 9 13 Maracaibcr Co Natural Gas Apr -diiyh Mar 28 26% • common 26 -- 4% 15 Canso 1 pfd—18 —1 Inc American 8% July 19% Feb 23% Co American 3% Feb 79 American Laundry Machine— American Feb Jun 203/4 22 100 <R I) 3% Jan Low High " 6 % 7o Canada 2% Ltd Co Range Since.Jan. 1 Snares * Ltd Co Cement Canaaa Feb 10,000 13% 21% Jan >% July 1,100 13 21% 28% 6 6(4 common. Inc Industries 1,800 8% Goods' Manufacturing- Aluminum Industries Ambrook "3% 48% 5174 Co of America— cumulative preferred- $3.75 Apr 33% July 13 % Aluminum Aluminum 200 4% 6 % 2% ——I Alles & Fisher common Prices Low Par Bread for iVeek Range «i Low High Canada ■Algemene Kunstzljde N V— Amer dep rets Amer shares All American Engineering Co Last Sale l'rice Exchange »«.ock Sales Week's Friday 1!^^ American Range Since Jan. 1 High Shares of Prices Sale Price Exchange American Stuck FOR for Week Range Last STOCKS RANGE Sales Week's Friday 2% 4% 25% Jan 9% July - .; e 1 1 i 15 .1 49 "2 18 J 2 49 "2 48 18 7 4 200 19% 1.700 $7 preferred series A 14 $6 preferred series B » 180 162 180 75 « 29% May Jan , Iron. Corp.. 150 145 150 175 : 36% Jan 17 % May 100% 145 Jun July 54% May 31 3/b 180 162 % Jan July Jan Volume 1.86 Number 5657 The Commercial and Financial Chronicle ... (345) AMERICAN STOCK EXCHANGE Friday STOCKS American Stuck Week's Last Exchange common $2 snares ox Mines Electric Bond & Snare 25 % —H of Corp El-Tronics America.-.:- Inc. pfd__ Equity ; $2 Corp convertible Erie Forge 6'/o 100 preferred.— Ero Manufacturing Co_ Esquire Inc — — 9% 1 32% July Jun 17/4 300 23,200 -i no o-i". v%y x8% July 3% 3% May 1,100 - 6,100 38 jron Factor 'Maxi <fc Irying - 12V* Mar 4 Jan Faraday A___; 1 5k/ 1% Jan Fire General Association (Phila), Class A Class Ford 6% 42 V* 42 42% 1,650 14...., 13% 14% 12,600 4. y%" 9% 6^*.; " Jan 40% 45 108',2 • 450 106% 109% Y J* £1 _ 5 114 114 102% 25 Head Brewing Co— (The) Company 5% 6 Mar 109 Gas Corp T__ & Company & 3% Jan 5 Vo 1 % 7% 1% *6% 6% 7 V* 20 20 16 V* Co * common— preferred General % July 4,300 1 3,400 6 % 17,600 2U u0 v. warrants 1,000 ~5 4 Alloys Co no % 20(1 com__l 2%. . 4% ' American dep rets General Fireproofing Indus General 5% 2 400 2% 2 V* 500 50c common (A C> Gilchrist, 001'8 t Gold 1% 25% Co Co_ t ' - Mar 6 Mar Alden Corp Glenmore Distillers class B • Wernicke Gobel (Adolf) Goldfleld Industries—;. Inc____; • Great Industries Atlantic Inc— Pacific <fc May Greer 4% 17 48 July Griesedteck 97% no-t'8^U J"" «4/8 w 9% 11% 600 100 11% Jun 13 % 40% 850 29 % Feb 43 11% 11% 11 11% 19 8 /a Mar 10,700 1,900 19 , 600 ' Guild Gulf States Land & 8 July Jan 6% 7% "2,500 ^ " __ 98 28% May 9% Jan 7% July 2% Mar 11% Jan 3% May 4,200 3 2,300 .2% „ July 181% 186 102 % - : 127 10% • - 10 — -128 2% 3 Mfg Helena Heller 4% 3 380 75 Jan 40 77 Feb —- -— 105 Jan 86 Apr — — 2 & Co 5%% 100 ; Hardart July 5% 5,600 4% Jan 6% May 26% 4,700 15% Feb 28% Julv 9% 100 8% Feb 10% Mav 3T« 2,100 3% Jun 10% 1,600 10% Jun 3% 3%' 10% 10%- 34 V* 34 IV2 * 22% • 1,000 1% 20,100 20%- % 50% 119 119 30 29% 99 24 22.800 23% 13,700 1,000 21 50% : 30 200 100 150 54 55 % 63%- 65 f 4 %- ; __ . Juu 37% Jun 2% Jun 4% May Feb 4 — 5 400 2,900 4% 300 Indianapolis Pwr & Light Ar/o Industrial Enterprises Industrial Hardware of pfd Inc North footnotes Iron Mesabi & America cee page 35. 107% 1 10% 17 II,900 46% Mar 60% 26 40 51% 54% 40 3,700 7% Jan 12 2,900 9% Feb 1 Feb 16% July 1% May Q7o Sugar 9% Feb 15% July 17% May Jan 35% July 14% 14% 14% 1,200 > 4 33% 53% 36 700 13% 14% 500 30% 33'% 17,900 35% x37% 53% 1,200 30% Jan 5,100 33 V* Jan 52% 42 % 18% 600 la 10 IP S i6i Mar mX 24 21 Juiy 6i'«> 14,200 58% 59% 7,100 % 6 % 7,900 22,600 9% uan — •»> 100 1 1 1 -- . — „1 l%.July 14% 11% 800 28 100 8% 500 23 % 2,000 5% 5% 1,700 Industries Inc Presto July National Research 84 24 70 81V* t 200 15% 2% 100 106% 109% 1.900 10% 3,400 2 90 8% Apr 6% Feb Jun 94% Mar Jan 28% May Apr 2% Jan Feb 109% July Feb 11% July Corp National Starch Products National Steel Car Ltd Neptune Nestle Le Transit common Electric Corp Union Meter common Mur Co common 2 Jan Jun 12 10% May 17% Jan 8 May 12% Mar 11 % July 14 Feb 26 29 Apr Jan Feb 8% Mar 18% Feb 23% Apr 7 5 Jan, 34 50 32 % Mar 17 1,900 15% July 1% 13% 25 1,600 ,'!r 11,100 29 % 33% 28,600 84 1 Jun 96 12% Jun 10 144'/a "2% - 17% — 118 118 38/2 2 17% 3% 3,i 380 1% May July 90% Apr 90 Jan 95 Jan Apr 90% Apr 141 Jun 159% Apr 81 50 16% July 19 116% July 200 25,800 3% 2,000 26 % 26% 500 10 400 32% 200 3% 700 - ~3% 3% 900 8% 10% Jun \ Feb 8,100 39% 9% 22% Jan 25% July 9% 29 2% 3 Jun July Feb 2% Jan Feb 3% May Jan 130% Jun 4 Jun 1% Jan 39% July 31V* Apr 10% 35% Apr Jan 3% May Jun 14% Jan Feb 4% Apr Jan 11% J»n 4,000 5% 3% 4 2,900 3 Apr 4% Jan 2 2 200 2 Jun 2% Jan 17% 17 100 17 Jun 21 Jan 18 - 1 10c 1 30c 5 1 13% Apr 33% July 44 3% 5 * Apr Mar Jan 1 Jun 2% Apr 3% May 37% 32 3% 1 35 21% Jan 104 1,200 % 119 3% }f 9% 25c 2 8% May 20% Mar 41% —1 1 1 10 common—X National Telefilm Associates., National National 11% Apr . Jan 15% 18 300 16% Jun 23% Jan "3% ~4 19,700 % 12 % Mar — 3% 9% 9% 200 22% 23% 1,900 30% 31 y* 500 National Rubber Machinery— 12% 7% Mar 34 142 1 May Mar 86 -10 NammSeser's'inc G 5 9% 84 24 50c 63 Jun 100 12% . M* 2.50 Muter Company common Mfg & Stores common Apr V*. July 1,200 100% 100% —a Petroleum Ltd Jan 29 3,400 8% a ,* 34 J National 24% 1 % 22% 50c —5 50c 50 1 National Casket Company National Electric Weld Machines 57% 10% 33,800 Apr Apr "9% 28 M 4.40% cumulative preferred 100 4.80% cum preferred series B 100 4.50% preferred series C 100 Montgomery Ward & Co class A Moody Investors participation pfd— Mt Clemens Metal Products 1> 8'% cumuiative preferred -_4 Mount Vernon Mills Inc 2.50 Mountain States Tel & Tel 100 National Bellas Hess common National Brewing Co (Mich) 8 13% Jan 18% Jun Feb 1 % 9% Jan — CI Jan 4j;l Jun 19% 14% 1% 9% 44% Mar 35 17 9% ~9% — 1 10 Jan 39% July Jun 13% Feb 4,800 Apr oH* r'Jun 57 5% July 10% Jun 15% j 15 Jun 28% July 4'/a Middle States Petroleum common—1 52% Mar 5 13% 14% 5 6 15% 1 Nasv^— 4t5T^- Jan ►4A Jan 6% Feb f ? 7% 13% r A 13% Jun *** i 7% 1,900 1 Jun Feb. 15 V* 10,200 common July 17% 4% 600 900 42% Co 10 V* 11,700 16% 16% 28% preferred Apr 15% 32 Michigan Plating & Stamping Co Michigan Steel Tube —2.50 Michigan 500 22'/* i-19. Jan 60% Jan FPh 12% July 16% 16 % 8% 111,) 21 May 9% Jan Jan July 16 40% May 6g1/ Apr 1% May 11% 1 25% 50 July 20 14 22 % Muskegon Piston Ring common Muskogee Co common 130 9.7% July 70. 1,400 25 % Murray Ohio Mfg Co. 11% 10% 15% July 1 1 21% Jun 200 84 5 300 5 24% Mav 7,300 2% 16% Corp Co Thermit Michigan Chemical Corp 24% May 14% 23% 2%. 1% Mar 75 1 1 jan 11% ' 100 50c Jan 14% Jan 1,300 10% 1 ia 9% 1 1 Co Feb 11% July 1_ 50 1% Ltd National 1 Mfg Co International Breweries Inc— For Refrigerating 11 13% 5% 6 58% 18% 36 * 1 Mfg Co Petroleums 16% . . 97% % X% 15% * 1 5 common 34% May J23% Feb SS? ®4 1 5?ay Jan r." Co. Jan 12 18 14 V , Co & National Industries Amer dep rets ord reg. £1 Imperial Oil (Canada) capital stock—* Imperial Tobacco of Canada 5 Imperial Tob of Gt Brit & Ireland__£l i Menasco Metal & Co Muntz TV Inc_— Murphy Corporation I Insurance (A G) Jan 2% 11% • _2.50 ; 3% Feb l%July 24 Jun 18 20 6334 . 25 119 * 5 I ; 20%. 5 ; Products 34% • ♦ Hydro-Electric Securities Chemical - 1% 20 ♦ common Mar Jan 56% July 50 Jun 94% j& Ltd 17 22%' - 15 z 12 Jan 26% Feb 10 Refining Hydrometals Inc 1,300 5% 3% 100 Inc - 2% 2% * J Manufacturing Co Food July 25 • a & Imperial 68 Feb 5 . & Hygrade Jan 12% 1 common (Harvey i 62% 1,500 9Vt- 25c preferred— Oil 60 23% 2.50 : - & Lock 68 1 Baking Co Horn Jan 25% 25% 1 & Co.__ Hardart 5% ■ " (Geo At Jun Feb ' ;; & Jun 5% 5% 29% Jan 80, Monongahela Power Co— 91 8% Mar 13,800 £1 Feb 250 100 54% Marine' Ltd q4 Apr 3% Mar 67%. __ 5 : Bearing Co___ Hormel Hurd Co Jan 26% 7 V* 6% 44% Feb Apr 6% . 3% May • 86 % 3% 60c Horn Hubbell Co 50 3% 22 % - __ 1 10c Inc B Humble 91 100 Inc Holly Stores Inc____ Holopltane Co common Home Oil Co Ltd class A 5% (The B) Molybdenum Corp— Feb - 211 5 2%May 700 14 Mar Jun 65 11% 14 Jan 177/fi Jun 2,800 43% July 58% Jan Jan 30% 4,800 4 V* Jan Jan 12% Jan Jan 1,500 2-iTr Feb 6 14% 38 140 11% Feb 4% 2,300 xl% July 2,100, Midland Oil Corp $1 conv preferred—* 2% 3,200 % I,900 8% Jan 12% May 1% 7% 4 7 V, 2'/* Jan 10% May % Apr 9% Feb 39 Jan 3% Mar 39% 3% 38 * pfd .: Products ' 7 V* 47% 1 26% July 2% 12,100 6% __ 7 21% Mar 100 1,000 2 91 4 38 ; 3% 1% 53% 26 TV ___10c ,—25c common—; 500 10% 36 ~6% Jan r 1 Co 44% May 9% Jan 1,700 3% T% 7% Julv 1% 4 n—10c 50c Jun 150 2T8 3%- 1 _ 58% 2% 3 10c Feh 2% 6% 29% xl4% Jun 10% Jan 6 Jun 2 Midland Steel Products— ' $2 non cum dividend shares Mid-West Abrasive Midwest Piping Co— Miller Wohl Co common— 4%% convertible preferred Mining Corp of Canada—-—-Minnesota Pwr & Light 57o pfd Missouri Public Service common Molybdenite Corp (Can) Ltd 57%- , 3% 34 2%. * Inc 10,900 . 58% _ Corporation Border's 7% 7%. 6% 51% common Johnson x9% 89% 11% 30c (J W) Inc common—w_„ McDonnell Aircraft Corp 100 82% 27% Mar 400 1% Mays 9% Jan 900 12% 1 1 , Massey-Harris-Ferguson Merrill 4% May 28% 12 2.50 Co International Merchants 1 Co— Ball & & Communication July 10 28 5 Mansfield Tire, &„Rubber Co_.— Marconi 3 19% May 15% Mar * - Watch Co Exploration Service Stores 11% July 25 Inc— A—.—...——.— Class Public 12% May Jun 6% July Jun * ,_T Oil Corporation Magna Feb Jan Apr 13% M Jail Light—— (RJ, & Co Inc common— Hoover pref Lynch Corp_— Feb 1,300 Hollinger Consul Gold Mines—: Holly Land 1% 2,900 Industries Louisiana 9% 2% 5% 200 12% 10c J Lunkenheimer (The) 6 " preferred Longines-Wittnauer 1,600 82% - Inc Common 12,700 26,000 Inc Lodge & Shipley (The) Co Mead 12 % Hevi-Duty Electric Co. Mfg Co common— Class N McKee 43% preferred Hofmann cumulative 11% To 7,900 28% 25o common Loblaw Groceterias second Feb 12 Higbie Hoe 5 rr0 132 42,800 6% 14% 5 Litton Industries Inc 191% July 41%- Co. Galion - . Jun 42%. Henry Holt & Co common— Hercules 5 7% July Jan 6 % 2& II1/* 85 89 V2 - 1 Corp (W E) 10 4 14 % 1 10 Feb lo Ruben,stein 6% 25c 126% __ Lithographing Co Hazel Bishop Inc__ ! Mining 1 5 50c Petroleums * 2 1 Hathaway Balceries Inc Hecla 21% May Ltd 149% 18% Jan ____2 Havana Hazeltine 5% Juxy Jan Liberty Fabrics of N Y 40 * Harbor Plywood Corp Harnischfeger Corp Hastings Jan 17% 17 9% 3 • z — Electric 5% 300 42 10% 1 10c Company Investors 200 11,600 16% "375 J 8%. Jan 7% 40% 2% Manischewitz Jan 4% May 5% 167/a Juri May Jan Apr 20% 40% 7% 7 12% 10% Feb x3% 6% 1 Jun 25 3% 3 Maine 65% Feb 24% May 5% Inc (R G) Mangel 800 Jun 19% University Refineries Apr 900 ~7%- ~8 Realty Tourneau July 27 14% Apr 6% common lVa 98 1,700 Jan Jan 19% Micromatic Hone Corp Co_ Hartford Inc 3 V* 90 7% Industries Salle Extension Mar 26% > — 400 3% iV May 13% % Mar 12 1 Lakey Foundry Corp— Lamson Corp of Delaware Lamson & Sessions Co__ Mar 6% 12 5% Feb 3% 1 28V2 Jan 2 12% 12 12 l 13 July 2,100 Apr 2% Jan ^75 pesos Ltd Mines Jun 21 II Harvard Shores Mages Sporting Goods 1,300 14% Jan m 1 1 Apparel Inc Consolidada S A July Industries— —; Organ 7.50 Macfadden Publications Inc— Mack Truck In,c warrants 5.800 91 10- % x22 33%c 11V2 July 12,900 1 Lamp 5 20% Mar To 5 common Class B Hall 400 Jun 3% 1 Gypsum Lime & Alabastine Hammond 8,200 13 V* Jan 9 ,a/Jan 22% __1 Products preferred 13% 13 16% ^ ;__9c Films Company Inc— $4.50 7% May 12% 10^ ?2% 2% 7%; Jan ,5/? T,n y 40 V* 50c ; Leases. Company Grocery :Stores 4% Mar 13 Locke Steel Chain ocry Tea—■ Chemical Co__ & Freehold 4,600 5 Lecourt July 85 6,600 }i! —10c Hydraulics Gridoil 3% July 1%. Jun 6% 2,400 6% 5% 1 Lear t 75 93 9% 56 tUn Jan Feb .4% May 2 13% ; Jan 14% 1% 1 Stores 18% 2 - 1 xnc Lanston 7% Jan Jan 20 21% July 17% Feb 2% Feb 200 3,600 Leonard " Great Lakes Oil Jan '4% Le 99% May 22% 2.% Non-voting common stock— • 1%' 1st preferred ; —100 ' JUn 12 5% Jan iy4 ^7 8';,4 Y 957* Jun 1 Dairy Products class A—10c Manufacturing Co 50 Gorhamt Manufacturing'common 4 Grand Rapids Varnish 1 Gray Manufacturing Co— 5 Amer 18 1 ; Goodman Great 37% May 14 3% Jan 40 97 19 . 5 i.__: Consolidated Mines— 5/2 15,800 11 ; *. Seal Gold 21%May 1,600 <3% 3 Jan at/ 10,300 11% 1 z ®39% 850 1% " Globe 4,500 14% 16,200 16 11% 40 ; Inc Co 36 V* 14 % 4% La 5% Feb 2% Feb 67s Jan 107,300 29% 3% 9% 10 . 48 % 92 4% • & 17 1% 03 1 * z 800 97 • Mines 1,500 16% 22 » common 52% 40 1 Glen Union 34% uy, L n=/st *«Un lOo Feb 2 May 13% Mar 100 13% 25c Corp Gladding McBean Globe 14 % 20 Corporation Yellowknife Gilbert j; 52. 7% 50 -- • Georgia Power $5 preferred $4.60 preferred.: Giant 7% 16% * 5 preferred Stores Transistor 24% Mar 3% Liberal £1 reg common Corp convertible § General General ord Enterprises Plywood 21% Jun 3% La General-Electric Co Ltd— General 6O0" 36 25c Dept Stores 98% Feb 22% 10c (S) 3% Jun Feb 22% —_______—5 _1.25 17% May 2Ve Feb 400 22Va 6 Inc L'Aiglon 1 Mar 4% July 1% May 25 y Jan A, July 95 1 Kropp (The) Forge Co Krueger Brewing Co Feb jUly 11/ >4an 3% 200 1% • Supply Corp preferred convertible 32 V* ~5 105 l t.yv Corp 29,600 31%. 32 - . 1% 1% 5 4 12% Feb 10,000 " Knott Hotels Corp 2% Jun 9% Jan July a 100 , General* Builders 5 %. .1 % 1 _• Acceptance 3% 19% Lake Gellman Mfg Co common General 14% 3% " Ltd Power uauneau 14% Kleinert (I B) Rubber Co 57. July Jun . Mines 14% 50c 4%$, pfd—100 Electric 19% Klein Jan 120 5"8 G Galkeno 4 July 11$ Feb 284,100 Kirby VenSyn Petroleum Co—__—20c Kirkland Minerals Corp Ltd_^__, 1 117% May Apr 7,700 ( 1% 1 5 4Ai 4 1,000 213 — (D) Kingsforfl Company Mar 900 .'—1,25 __ Co A) 5 5% 1 Fresnillo 4% 3!5 1 A C ** Kobacker reg 4% __15c common___ U Kin-Ark Oil Company Anr Jan ll'- Jan 1% Jan Kidde (Walter) & Co—__^_2.50 10 V9 July T% Jhm 19,100 Apr 0% A *** Kingston Products- 10% May 10 % 5% 11,000 Kennedy s mn " 5'% May 14% Apr % Kavznew Co (Del, 10% July JSn 3% July July % drug Company—; Kawecki Chemical Co 75' 10% Jan 400 11 71 % Kansas 3% May a Map fi 3,400 7 120 200 H 3 79 2% May 600 600 12 K Ltd— Co (Geo 3,',r Jan • American dep rets ord Pitt Industries Inc Fuller 136,300 1 Fort Fox 52,100 10 % __1 voting Motor 2% t9% 2% 73 XI % 5% 14 V* May 3 Mar 23'A July . 2% 71 5% July R May Kaltman Canada— non-voting_, B 2% SU'i, 2.50 ;_ Flying Tiger Line Inc.— Motor of 2% 2 Va Julv 2% 71% Jun 3,000 10'4 Julv ppb Apr 1G 10 Corp Firth Sterling Inc Fishman, (M H< Co Inc— Ford 71; 4,900 5,900 12% May 15 Jan 2% Jupiter Oils Ltd— Apr 16% Feb 10c Fargo Oils Ltd Financial 10 V4 22 9'% 21% 6% Jan 9Vs Mar " Katz 21% 4% July 1,200 2% Jeannette Glass Co 1?1/ J"ly % i Ltd 6% 5,200 ' Kaiser Industries ffV* May 12 10%, 1 Instrument— Mines 3,800 5% 10% V* July 43% Jan S'/a J p 1 Uranium 13% 10 18 15,200 J 10% Jun 300 High 20 Apr 68% Apr 18 % 58% .1 tZ.!1* ,^an 200 Low 54 V* 11% 100 .1 „ Chute Air Y* ^un Jan pfd Bange Sine* Jan. 1 , High ——10c Israel-Mediterranean Petrol Corp Inc_lc v;' class Co Fair child, Camera & Shares 4% "5 10% 1 3.90% " r for Week ,X2% 1,3 • Israel-American Oil Corp 46,100 —,""r 5 10c _____33%C ; Public Service Co Ironrite Inc—- >i, 6% - Sales Range 18% 57V* pieman Manufacturing vtc tfn Jan 10% s; /B. Company Royalty Investors Iowa , 10V* Jan 7% , CHI Intex * Feb 14 May 7% Jan 6% % , Resistance Co___ w6!! 3,8 *Iay H 1,500 International 11/8 July ~9% 9% 1 Jan 2,• Jun TUn 2/8 3,800 41 International Products Apr Feb 8 37,700 10 V* 25c 10 _ 3% 13% 0 % 6Tu 1 or 1,200 12% Xl2% 12% 1 $1 9% 40 9%* - 10 ; Eureka; Corporation LtdEureka Pipe Line common 15»* 3% 41 10c _ z 26/s 500 900 9% 3% 1 com 1st 9,100 13 V* / Jan Jan Week's •f Prices L010 International Cigar Machinery .* International Petroleum capital stock-* 25,2 July 11% ••• „• ___10c preferred—., Steel Corp &; cum 13% 1 common..-. Jan 7% /2 Last Sale Price , f * 16% 2% __20c __; 32% 30 8% 5c z 3,100 Jun 15% .-8%r Friday American Stock Exchange . Par 24 1(5 2,000 ► % 32% 15% 1 Emery Air Freight Corp. Empire district Electric 5 7b Empire MiUwork Corp . • ••' 17% 11% 1 Luc * 9 100 10' 1 Oommujiications 25% 7% ; %»■ 5 ---32% common Electronic 17% ~.a% .4 Elecirographic Corp common— Electronics Range Since Jan. 1 Low nigh . High 17% 1 Limited—J JE'LY 19 STOCKS Shares Low beneficial.. in t 1 I'JzL 30 Corporation class A_ Elder ENDED for Week Associates— preferred.. Edo FOR WEEK RANGE Bange of Prices Sale Price Par Eastern. Sugar Sales __ 22/o 3% Jan 9% Jun 17% Jan 21% July 13% Jan 5% Mar 11 Mar 26% May 32% Jan "7% 4% 31% 8% "7% 4% 300 2% 7% 2% 2,900 32% 3,200 87 2,100 31 8% a 8,800 Mar 34% July 26 -- 22 Mar 30% 7 3% 2 27% Jun Jan July Apr 4% Mar Jun 9% Jan 5% Mar Jan 2% 33% July 9 July 33 The Commercial and Financial Chronicle... Monday, July 22, 1957 (346) 34 AMERICAN STOCK EXCHANGE Low Par 2% 2 '/a 3 50c 2:,a 2% 2,V ———100 1347 a Oil Ltd Petroleum New Chamberlain New England Tel & Tel Haven Clock & Watch New Mexico & New Pacific Coal New Park Mining New Process New Co New Nipissing Noma 218 —1 174 Jan 78 Jan 1414 May 2/ir 274 July 5% 2,400 214 July 3 474 7 Jun 574 2,400 434 514 10.100 974 10% 4,400 7% Feb 1174 May 107a 1014 1074 2,500 974 Jan 1174 July 36% 37 600 35 42% 50 x40 Mar 7% 7% 2,800 0 514 6% 54,300 774 774 8% 3,200 74% 25 Northeast Airlines-,- 1 , Penn RR Co 8674 110 86 A Jan 474 4%% pfd July 6% Jun 1014 Jan Jun 78 Jan 91% G74 - 61 4 5% 613 70,100 5 4 Vz 5% 62,800 3A 2% • of America Corp •214 2% 4,400 114 Feb 174 2% 7,100 74 Jan 1574 Ohio 74% 175 60 Ohio Power 474.% Okalta preferred 100 94 30 90 Jun Jan 101 3 4,000 2A 87 400 71% Jan 274 3 500 274 Apr 374 Jun 574 Jan ' 1 O'okiep Copper Co Ltd Amer shares_103 Securities Electric _1 - 1 Corp ■ — — 76% 24; 24 374 1074 July 400 75!4 300 22 374 700 11 10% 76% 450 25% 11 — - Jan • 78 , Jun 26% Apr 5 74 </c 30'4 3074 25 2074 20 :'/4 2674 400 2514 Jun 307a Jun 287a Jau ,25 25 241a 5 % redeemable 25 24% 24% 2514 2414' 2474 1,300 2414 700 500 21 26% Jan 400 2074 May 24 Jun 2014 ' Jun 2314 Jan Jun 98 4.80% redeemable 1st 25 2314 4.50% 4.20% redeemable 1st preferred 25 21% 22 redeemable 1st preferred 25 Pacific Lighting preferred $4.50 preferred $4.40 dividend $4.75 pfd series A- • • preferred cum dividend preferred conv dividend preferred $4.75 $4.30 dividend preferred Pacific Northern Pacific Petroleums Park Parker Pen Class Pafcfno Penn of Pep Boys Ltd 9,800 2% Jan 1674 Feb 39 50 90 Jun 98 % 114 Feb 1074 11% 29,600 74 U 20,800 374 3% 15,500 "574 "574 100 Oils & Minerals 1674 Mines 874 874 Ltd "4% 200 1,000 174 11J 1% G 574 6 6 6 3 3% ~3% 7,200 200 874 10% 10% 1,600 600 9 87 a l 19,800 11% 4,700 3,300 174 174 li7ir 93! a 93 % 9374 674 614 6 % 750 Jan 1814 1% Feb Jan 574 Mar 574 Feb Jan 874 Jun 174 Feb 9014 Feb 113 97 2374 300 2314 Jan 25 174 1,900 Jun 2 374 374 374 1,800 Jun 6 Jan 2114 2174 500 10% 10% 1,500 20o * 2.50 10 la 1 2114 July ~i ~lh 474 5,500 8 Feb 57 —_• Jan 4 Mar 55 55 100 —2.50 1814 1814 300 51% Feb 16% Jan lOc % A 5,300 % Feb • common 2374 Jan 6% Apr 57% May 714 8% 9,300 674 Jan 1614 16% 300 1474 Apr Apr 74 Apr 9 A Apr 16 7 4 July 1 9% 1014 400 974 Jun 12 Gas 914 914 1,000 x9 Jun 83 84% 175 82 Jun 93% Feb 15% 16% 1,600 1474 Apr 1774 Jan 161% 9% Co Co 3 16 Jan 1874 May —5 common Q (The) common Packing Co Concrete Co Pile Reading Tube Corp __i 10 !_• common common l $1.25 Reda Rels convertible preferred Pump Co (Robert) & Co_ Reiter-Foster Reliance Oil Electric Remington Republic Arms Richwell 1 50c Engineering Vtc extended 1974 — 1% Rome Cable Roosevelt Russell Tilo Apr Tishman 1% 22,400 4874 1,300 36 Feb 50 7 0 July 1174 Jan 1614 2A 6,200 10% 10% 18 Jan 174 Jan Apr 1074 54,200 474 May 174 May 2% Jun 374 50c 5% Jan Jun 1074 July 671 July 1174 July 2% .274'. 100 80 74 74a. 8074 120 72 Jun 1 274 27'*; 27* 13,900 2 Feb 2% 2,100 274 Jun £1 1.50 3 87 Jan 1 Feb page Realty Tobacco 2874 Cont Trans Cuba Trans , 31 29 31 12% 11%- 1274 8O0 1074 Jan 1274 May 19% 18% 19 74 4,100 1874 2174 Jan 4474 4274 457* 4,700 36% Feb 47 Jun 74 % Mar . Jan Apr Jan 1674 Apr Jun 33 !4 Apr Feb 200 10% 150 28% ~ Jan 174 3% Jun Apr . 4 4 100 3% Jun 4 July 4 0% 8% 98.900 3% Jan 9 July 57a 574 G!4 6,600 5 Jun 774 33 Jun 39 74 • i 7;3 4 674 674 87a 8% 9 18% 377 a 50 49 50 241/* 2474 Jan 8% Jun 400 137a 1,200 1974 37% - 5' 4 700 37% 3,100 3574 48 % July 2274 Jun 50 600 Jan Feb 874 May 12 Jan Feb 23 Jun Feb 40% May 42% Jan 40% 4074 40% l.lOo 1 50c 25c • 5 Jan Apr 26% Feb 20% 21! 4 1.600 x20 May 2474 Jan 20 3 4 20% 2074 1,200 20 Jun 23 74 Jan 19% Jun 2374 Mar Mar 774 July 7% 6 7 11% "a 6.500 12 10% 71 90.) 400 11 71 500 2% 3% 5.700 1% ~7% % 1% 500 7% 7% 1.200 3% 57a 574 3% 100 574 1,400 50 24 24 5674 1 10 38 % 55% 4674 May 43 74 May 20% 1374 5474 13 7 a 4 Jun 8% Jan 1474 May Apr 75 74 Jun Jun 374 Jan 64 1% 174 Jan 574 774 July Jan 3% Jan 5% Jan 674 July 237i July 1.700 5% Jan 1,200 18% Feb 1 % Apr Apr 58 % May 1074 Jan 14 % July 1,450 14% 35% Jan 44% 16% •900 13% Feb 1774 18% 2,900 1674 Jan 5% 1,600 4% Mar 9% 1,500 674 3 Feb 3 3 A 15,500 3% 374 900 10% 400 10 3% 374 200 374 July 62% Feb 74 75 6% 674 100 16 % 16% 200 16 % 20 12% 1274 200 274 274 12.800 23% 23% 200 34! 4 34 % 3674 2,800 19 18% 19 12% 12% 18% ~2% ~2% 2%' Jun 5174 72,100" 16 73% 174 Feb 21.500 56! V 10 V* 37a Jan 674 Mar 2474 8% 3% 474 Jun 23 5 1774 Jan lVa Mar 42 /& X 13 74 11% 31,800 ' 4.800 400 1,000' 274 8,400 July 3% May 5% 16 July 4474 July May 18 19% Jun 674 May 10 Aor 5 A Mar 5% Aor 1074 July 4 76% July Jun Jun 774 Apr Jan 1674 Jan 1374 Mar 20 12% Apr 1374 274 July 374 Feb 22 V* May 31% Jan 29 % 4074 May 20% Jm 14% Jan Jan. 17 V* Apr 1274 2% Jun Apr July 374 Feb Jan 11% 11% 1074 Jan 13 Feb 12 % 12% 300 11% Apr 14 Jan -100 - 5% 4% 5% 12,600 3% Apr 6 574 G!'a 7,700 5Va Jan 14! V Z^—1 5% July 774 Apr Inc class A Co 74 July 12% 20% Feb 31 1474 May 34% Jun 6% 674 4,200 6 174 2 !4 3,700 1% 74 74 8,900 A Feb 100 9074 July 33% July 91 34 337a 34% 900 6274 62 65% 4.100 40% Jan 7,500 174 Jun 2 174 10 —25c 874 8% 20 !4 20% 20% 22% 2274 23 10c 1 1 13%. 22 1 50c 13% 44 % 22 —• 274 Jun 9% Jan 2174 Feb 25 Jan Jan Jan Jan Mar 1574 Mar 13 Jun 45% 600 21% Feb 45 23 % 6,200 21% Jun 23 74 July 5.A July Hi July 6A Feb 13% 1.100 100 1,050 80 80 457* 7074 May 19 % 1% 4 Feb 21V* 8% Jan 1-A Jan 99 300 300 145% 151 % 1% 145 % 8% Jan 274 1,500 47) 7,000 100 80 Feb 79 74 July 17a Feb 163% July 374 May 574 Jan July 2% Mar 9174 Apr 274 Jan Jan 1474 80 2% 2,100 13% 900 2% 2% 1.300 2 Mar 4% Jan 2 2% 23.400 2 July 374 Jan 21ji 2% 3!4 5.100 2% 13 13 "2% 3 32 800 20 20% 22.800 46 % 45 47 4% 874 2% Feb A Jun 11,100 5% 20 — Feb 90% 174 warrants Jun Feb Jun 1,300 Jun 318 May 74 J»n 35% •2974 Jan 5% Mar Jan 374 11 20% May Feb 47 Apr 3074 July Jan Jun 300 Feb 2874 2 1 Trunz Inc 7 14% May 11% 6% 1.25 . Corp 12% Feb 1 25c • 1 i Corp! 8 Jun 1,200 700 74 Lux True- Temper 5% 14% Xl4 3.300 Construction & w Empire Oils Ltd Tri-Continental 131a" 21 334 3% 2% 34% Jan 500 1274 Jun 14% May 22% 5.900 16% Jan 24% 3% 800 3 36%, 3.700 1,100 3 Mar 274 May 32 Feb 1 35. Oil 15% Feb 1.900 21% 2%. 1474 Feb 3 274 32% Inc__ Industries 32% July 60,600 • 34% 14% 1 % Ltd— registered—£1 Amer deposit rets def registered—5s Todd Shipyard Corp common 20 Toklan Oil Corp 70c Toledo Edison 474% preferred 100 Tonopali Mining of Nevada 1 \Trans Caribbean Airways class ^—10c Feb 6% 1 l May May 6874 May 474 Mar 65 600 Security Trust Co Mar 9 <4 28%' 29% 13% 13% l 23 3% Amer deposit rets ord 26 57H 1.25 common see 6% Apr Feb 374 374 274 Jan 814 30c Company fopfnotes 31%' 32 Mar Jan -4274 2 74 3174 Inc Roofing 700 1574 5 common Feb 2474 May * Feb 400 1374 Xl4% Inc New common Trans Ave Markets Trans 1 Ryan Aeronautical Co Ryan Consolidated Petroleum Ryerson & Haynes common For Jun 24% 118 Inc (The F C) 25% us- 4174 9,000 1 Apr 174 Mar Jan 1017* Mar 18,100 6% 1 1974 July 100 3,600 - Feb 4 1% —5 200 74 17,800 ■ - 1277a 7* 32 !4 Corp 20 674 Raceway Inc Ross (J O) Engineering Corp Roxbury Carpet Company Roy a lite Oil Co Ltd—: Fifth 1% 19 • 5% Mar 74 1374 common Thriftimart 1374 1905 Co Chemical Jun 6 Roosevelt Russeks Shovel 1674 Feb 16 A Apr 5,700 58; 5 Feb 74 56 —7 common x9°/4 1274 to Jan 3 Corp B Electric Co common Tech*golor Inc common—. Texam Oil Corporation Texas Calgary Co Texas Power & Light $4.56 pfd 800 674 dep rets ord reg Field Class Tampa Thorofare 127i Royce Ltd— American 19% — 200 13,300- - 22 74 5 Talon Inc class A common 137* 13 1%- j Feb 1 Thompson-Starrett Co Inc 70c convertible preferred l Rochester Gas & Elec 4% pfd F Rokeach (I) & Sons Inc— Rolls . 21% Jan 1 . Jun Apr 7 174 92 Feb Jun "374 1 Petrol Corp 18 Vz — : Supermarkets Corp..— 26% Jan 13% 109% Feb r. 94 Jan 874 101 74 common 6334 —III 1 Co Jun Inc Rico Argentine Mining Co Ridgeway Corp— Ex-liquidating distribution Rio Grande Valley Gas Co— & Jan 47 l Inc 22 47 r Enterprises 3874 550 5 Petroleums Ltd preferred 2,300 3,300 1,700 140 119% 118 174 1 —1 Ltd 62% Corp Co Industrial 13% 23 X59% 20 —1—1 Corp_ & 1374 227„ 1374 — 6174 47a May ' 1 . Mines International Thiokol Rath Corp Superior Tool & Die Co Thew R Raymond 300 6! 4 974 Jan • Rapid ElectrotjTe 4% 22 Vz —1 common Corp conv (A) Sunset v com Inc of Canada ordinary Sunrise 29 Jun Feb May Apr Colorado— 100 474 674 84 .— 21 1 400 17a — 10% July Jun 89 l . 1,800 97'4 ~6% * Sterling Aluminum Products common-5 Sterling Brewers Inc— 1 Sterling Precision Corp (Deli 10c Stetson (J B) common * Stinnes (Hugo) Corp 5 Stop & Shop Inc 1 Stroock (S) <te Co common * Stylon Corporation— 1 Sun Ray Drug common 25c Stein Jan 1 1% 3% ~674 2274 1 Steel Parts Corporation Apr 114 x23 (The) div Steel Co 774 Mar 174 \ ; Co Uranium Stalecourt 7% May Ja'n Shares 50c Jan Jan Products Starrett May 6 0% 10 (Ky%. Packaging Corp ...Convertible preferred Stanrock 1374 May 14; % •* 1 Inc Standard Tube class B Feb 14 1274 May 1 50c Corp Standard-Thomson 374 July 1014 Mar Oil Standard 7% Mar 2 Industries Standard Apr 574 3,900 , July 274 Mot 614 Forgings Standard 474 Mar 24 ' : Financial Corp—... Standard \ 58% Feb Feb 9% Mar ii 37b Standard Mar July 474 52 774 July 3,300 "•3% " 117a Standard 10%' Jan 7 Feb 1074 46 2 1 -5 Standard 16% July 1074 May Jan Feb 474 207'* 1 Specialty Stores Co Inc 5 Spencer Shoe Corp_ —~——1 Stahl-Meyer Inc ——— -• Standard Dredging Corp common 1 $1.60 convertible preferred 20 Jan Feb 1% May 11% — Spear & Company 167a July Feb Jan ^ lo cumulative preferred Sound Pulp & Timber ' 1474 May 14 cumulative Pipe Line— Southland Royalty Co— 474 Jan G% cumulative preferred Southern Jan 62% cumulative preferred Southern Materials Co Inc Apr 1074 July 2 Jan 300 : 57% 2 preferred— Southern California Petroleum Corp—2 Apr Jun 7,200 21 174 25 25 25 -25 25 25 convertible preference convertible preference 4.08% 1374 Jun 114 17,900 2% July 274 Jan Jan 874 41% 25 preferred cumulative preferred 4.24% May 148 2% July 200 1% 92 % 1 —* —20 common 4.32% July —25c A 474% Power Jan 774 1 Progress Mfg Co Inc Prophet (The) Company Pyle-National Apr 5% July 8% 700 5474 24 • Pressed Metals of America Preston East Dome Mines Ltd Public Service of "474 5374 1 Power Corp of Canada common Prairie Oil Royalties Ltd Pratt & Lambert Co Inc 374 COO 874 50 Erie U Jan 2,700 9 2074 24 1 Porto Rico Telephone Co Powdrell & Alexander common Providence "400 - Jan 6% 874 • _ Products class Prentice-Hall 1674 500 167u 10 74 874 10c 874 9,600 9% *7 3 4 4% 118% * preferred 4.48% Apr * 57 1 Pneumatic Scale common Polaris Mining Co Quebec 374 10 pesos Inc Pittsburgh & Lake ^ i i * Pittsburgh Railways Co Pleasant Valley Wine Co Puget ?! 2 j. Aircraft Corp Poloron 11 % 3% 1 25 25c 4.56% 9914 Mar 61,700 : —5,000 fr Publications—- 4.88 ,'c Jan 2.50 (The) Gold July 91 9174 274 California Edison— original 5% Jan 1 Co Industries Pioneer 108 92 —2 Philippine Long Dist Tel Co Phillips Packing Co Phillips Screw Co : Piasecki Jun 39 Pepperell Manufacturing Co (Mass)—20 Circle Corp 2.50 Pierce July 97 "314 Perfect Peruvian 87 560 i 92 1 Corp Canada 7974 July 400 - 35'% 2 Traffic 250 8814 • A class 81 99% 1027 ~2% 2 Bol B Parkersburg-Aetna 7974 3011 Company. Co a 80 Jan 95 74 rets ord dep Southern Mar 100 ~274 Amer shares—1 Bol Corp 1 Motors Chemical Jun 79 lc Pentepec Oil (C A) Jan 8714 80 Vz 1011 100 Oil vtc Paramount Jail 2714 1 pfd Tubes common Pancoastal Petroleum (C A) vtc Israel 2714 Jun 1 Ltd— Pagc-Hersey Pan Jun 23 83% • Airlines Pacific Power & Light 5% 23 % 82 82 • • Jun 500 2474 2374 1st 287* Jun Feb 26% Jan registered £1 Corp—10c Slick Airways Inc -5 Smith (Howard) Paper Mills— • Sonotone Corp— —1 Soss Manufacturing common 1 South Coast Corp common 1 South Penn Oil Co common——12.50 Amer Jan 23 5% 1st 1,200 Jun 4i3o 1774 2 13% "G% Skiatron Electronics &; Telev Jan 30'/. preferred 1st preferredredeemable 1st preferred- 6 Vc 32% 25 1st pfd : Simpson's Ltd common— Singer Manufacturing Co Singer Manufacturing Co Ltd— V Pacific Gas & Electric 6% Corp Inc— convertible $3 Jun 4% 257* A Feb 13% Mar > 17« 10 10 Shares Simplicity Fattern 1414 May 92 Jan Feb Lighting Slmmons-Boardman 8874 July May 374 Mines Ltd Simca American Jan 3% 274 16% 2.200 76,200 774 7% 20c • --5 Jan Jan 10 13% 174 1 —10c 1 common.— Precision Silvray Jan 2% 85% 2% Co Silver Creek Jan *2% X774 May 9,800 2% 1374' 17s 974 July Jan 174 —2 — Silver-Miller 81% July 8574 7 Inc Silex Jan 1 Town Corp common 40c cumulative preferred Oxford Feb - 25 Company common Old Overseas - 90c Oils Ltd Okonite 3% 1614 274 Mar 13 V* Feb 2% 15 Brass Co class B common Omar 16,400 15,800 •374 50c 3% 93% 1 common- 1574 72 Company 7% 3% . B Class Oil — 8ignal Oil & Gas Co class A— 197* Mar 7 % 4.500 ~9 % Corp of America common. 3 Slboncy-Caribbean Petroleum Co——10c Sicks Breweries Ltd-— _* May 2074 Mar 1A Jan 1,100 274 Shoe 214 May Corp common 9 1% 0 Power— & Jun Jun 20,600 1.! 1474 4% preferred— ——.—100 Sherwin-Williams of Canada!——_—* o Oceanic Ogden Water Sherwin-Williams 7% Mar. 3 ... Mining- 1 ii 1 ——— ii 13 7 14 -1 Products Inc- Sherman 9% Mar Feb 3 - Sbawinigan 2174 Mar 167* 100 25 23 374 * —10c common Denn 772 7% ■ Apr Jan 17b Nuclear Slmttuck 8% 9 1 Corp class B_ Leather Seton Jun 27% July 11% Jan ; 1 1 A 24% Airlines Servo Corp of America Servomechanisms Inc.—— Jan 8% Apr Apr 4% Northspan Uranium Mines Ltd Warrants 8614 100 1 * Serrick 1 1 Sentry Safety Control— 42% May- 5 50 — Pub Serv ~7% 1 Ltd Oils Canadian Inc 4074 Jun 42% 37 10 B Mar 3 177* 50c Inc Bros Seaman Jan 18% July 200 2074 "l% Scaporcel Metals Inc ——— ——-10c Securities Corp General——1 Jun 574 Feb 5% 97a — common Western Seaboard Jan 474 Co Feb 17 2074 " 25c —.—1 Scurry-Rainbow Oil Co Ltd A Jan 5%. Steel Scullin' Feb 30,300 3 Say re 274 May Jun Inc (Del) & Fisher Co. 8 * ' 177* 20% preferred 5% Savoy Oil Jan May 8% Cumulative 137a May * 10 North American Cement class A Northern Ind Feb Jan 55 34 425 Cumulative Jun 91 Jan 174 1 North American Royalties North 1% Mar 8,300 50o lOo Inc Noreen-Ketay Corp Norfolk Southern Railway North Feb 1,200 00% 2% Mines™ Class "s 2% 274 2 '/a Corporation - 2% 10% 1 Lites Norbute Jan 10 Mines Diego i Feb 12% Ltd Rim 214 Feb 8714 Merchandise York Nickel IjPr 1% 56% 14,700 1% • 60% 2774 1374 1% * 10 23 1,400 15 2,1 23! 4 High 1974 16 -8 13,700 174 _2% 2.50 Inc Milling Co Ltd— Gas & Electric Co— series 20 preferred 4%% series_20 Cumulative preferred 4.40% series_20 Sapphire Petroleums Ltd 1 114 Honduras Rosario New York Carlos 1674 Mar lii 1 9.800 San 1474 Co common 1674 Jan Hi common Auction Bail Range Since Jan. 1 Low High Low 16 Jan 147a Oils Superior York New Salem-Brosius Jan Shares 167* Jan 9,900 1 Jun A for Week • Corp Ltd common ' 8 23,800 Co Lawrence St 4774 174 34% Ltd Oils & Stock Exchange Par 137% 114 July 2,050 114 3274 114 Sale Price 3274 July 114 1% 331a Lund Arizona New 1,900 1 20c Zinc. Jersey <! Feb Mar 131% Jan 14 Feb 1,730 1347a 1357a Tu; __25c Min & 1{J 2 1,100 American \l Jan 3 A Jun 2 U Aljr A July 05,100 Va —1 • 50o Co preferred Chera Co convertible 50c New Idria 84.200 U Range of Prices Last STOCKS Range Since Jan. 1 H igh Low High A %• 1 40c New Briiisn Dominion New Shares Sales Week's Friday for Week of Prices Sale Price Ltd Oils Bristol New 'RANGE FOR WEEK ENDED JULY 19 Range Last American Stock Exchange Sales Week's Friday STOCKS 414 4% 600 4 Jan i 4% 4% 200 4% Jun * u Unexcelled Chemical of Union 4% Jan Union Investment 33e Jan Union Stock Yards 43 % May 5% May 574 Jan Gas Co Corp Canada Jun of 6 5 .* 85 8% 4 Co Omaha 8% 2.600 5 May 325 6 74 85 66 Jan 100 83b July 22 Mar 20 774 90 Jun May 974 Jan 24% an common—50c 774 ~6% 7% 34.000 Feb 7% July Corp 1 6% 6 V; 6% 9.800 57* Mar 7% May United Cuban Oil Inc 10c *.7 ii! 4,400 74 May United United Aircraft Asbestos Products 5% 17* Jan Number 5657,.. The Commercial and, Financial Chronicle Volume 186 HI 1 ■ ■»« " 11 (347) : 1,1 "■ AMERICAN STOCK EXCHANGE RANGE FOR WEEK ENDED JULY 19 Friday • ♦"•■Week*# Last STOCKS Far • United. Elastic Corp United Milk Products 37% ——5 Shares 4% — common for Week - BONDS Range Since Jan. 1 High 37% 37 4% ' Low 300 4% *■ 200 - 39% May 4% Feb AHanover Jan 5 7s United-N J RR & Canal. United Profit 10 Ye — — —100 U S Rubber United United Stores 100 July 14% Jan 42% 41% 43% 12,100 39% July 45% I"eb 32% 32% 32% 200 32% July 1<% Mar 37 16 3,700 1% 23,600 42% 20,200 2 43% —50o 4% 43% 4 3,500 4% Apr Feb 27 % 200 3%"Mar 46% July 4% Jun Jan 4 1 10 % —25C 2% ... Corp 9% 10% 1% 53 Va — mm — 100 29% July 15% Feb Insurance —15 Universal Marion —14 20% 19% 20% Universal Products Co common— 2 27% 27% 28 y8 22,300 5,200 Utah-Idaho 5 4% 4% 5 Jan 28 % July 5% Jan 11,900 Corp : — — — • 4% Apt 1 , . High 52 52 173% 70% 71% 153 54 54 73 73 160 172 172 — $99% 102% • 99% 101% 2 57% 154 50% Jan-July 53 53 49% 52% 39 50f 50% 23 44 140 2s 2012—Jan-;July Deferred 47 41% ~ . : (Plan a Low • (not Included in year's range), delivery transaction d Ex-interest, Ex-liqUldating (not 20% July 20% Universal Feb stmpd par Value, distribution, g Ex-stock dividend, h Ex-principal, n Under-the-rule transaction in year's range.) r Transaction for cash (not included in year's range), xExEx-rights, z Ex-liquidatlng dividend. a Bonds being traded flat. ♦Friday's bid and asked prices; no sales being transacted during the current week. SReported in receivership. v included dividend. 59% May 31% Mar 48 1678 "No f 10% July 2% Apr 1% Jan 2,800 - Feb 6% 50,800 2% 53 % 10 de: Janeiro Rio Jan. 1 No. High 145 Feb-Aug Feb-Aug -Mar-Sept redeemed) (Proy) 6 Vis 1949 1 ■Range Since Sold « (50& Republic of)— Sinking fund 3s Jan 1 1997 43% May Jan 1 Peru * Universal Consolidated Oil Sugar 16%. July 2% Feb 34 1,000 2%. 46% 2% 1-ob % Jun 1% 40% ' ' 1 Unitronics Corp Universal American 10 1% 1 1% Jan 1% Mar 41% 1 common Corp 16% 16 Corp Vitamin Jan 10% „IOC Reclaiming Co States 1939 Bends Friday's Bid & Asked City (Peru) 6%s stamped 1958 MaTanhao .stamped (Plan A) 2%s 2008—May-Nou Mortgage Bank of Bogota—! a 7s (issue of May 1927) .1941 Moy-Nov A7s (issue of Oct 1927) 1947 April-Oct Mortgage Bank of Denmark 5s 1972— June-Dec Parana stamped (Plan A) 2 Vis 2008——Mar-Sept 5& Apr 208 July 400 1 Specialties common.. U S Air Conditioning -Corp U S Foil class B 1C8 1% 10% United Shoe Machinery common.. 25 Preferred —25 United 10 1% - 10 preferred Jun 413 «... 198 198 common.. —25 Sharing (Cfty of) Germany— A Lima ' ..105 'W Low AHanover dep rets ord registered • Last Sale Pries "Period High Feb 30 Interest American Stock Exchange United Molasses Co Ltd— Amer / ' Low Week's Range Friday Range of Prices - . Sale Trice American Stock Exchange Sales y ... consolidated; "cum," cumula¬ Abbreviations used above—"cod," certificates of deposit;, "cons," tive; ,4 , "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. Petroleum 59 5 2% . _ Silver-Lead . % 600 60% 3.100 2% < 3 141 2% 4% Jan Mar 50 4% 6 f>% 115 Apr 141 July 4 July 6 Jan 7% Jan 13 V* Jan 5% Apr 11% Feb 3,500 ' 12% 12% 100 4% 5% 1,600 5 Jan 65% Jun 1,000 141 4 • —III Corp— 83 Jan 35% Feb 500 4% , 6% Jan 4% Mar x80 •- G 1 2 Virginia Iron Coal & Coke Co Vogt Manufacturing—., Vulcan 141 1 — Vinco Corporation.. 5 — 58% 5 ... Van Norman Industries warrants- Venezuelan 5% —- 5% Valspar Corp common $4 convertible preferred. Vanadium-Alloys Steel Co '• listed 7% Jan 4% July vv Waco Aircraft Co_. 3% -100 Waltt & Bond Iuc_. 3% 200 3% Jan 6% Jan 3% ; 3% Wagner. Baking voting ctfs ext 7 % preferred-.—..—. 3% 600 3% July 4% Jan 75" 75 78 63 30 Wallace & Tlernari Inc 3% 17% 550 15% Feb 17% July 28% 28% 29% 1,300 25% Feb 32% 1% XI % XlTa 13,400 1% Jan 1% 26,300 1% Feb 490 130% Feb 144 19% Mar 1 July July Jan 17% 21 —30 July July July Jan * Waltliam Watch Co 1 common Webb & Knapp Inc ._10c * series preference. Webster Investors Inc (Del)— .1.25 138 —5 Welman & Company Inc„ Wentworth Manufacturing 1% 1% $6 1 West Texas Utilities 4.40% Western Leaseholds 137% 137 ~3% "2% 3% 2% 17,200 la -1O0 pfd—. • Ltd 6% / 400 Western Maryland By 7% 1st pfd —100 Western Stockholders Invest Ltd Amer dep rets 139% May % Jan -/a 63 63 50 54 JUn 68 42% com. 46% 2,100 35 Feb 25% 225 23% Jan 6,400 32%. Apr 1% July common- Williams. & - •i preferred.; 5% 800 2,200 8% 1,500 3y» 3% 3,400 14% 14% 100 96 96 3% ; ; Wiscohsin Pwr & Lt 4% % pfd— Woo&.fJohn) Industries Ltd , 14% 300 207/a 800 16% 71 71% 72 * rpts brd .reg__ Araef dep ■* • -.ru, Apr 1% 3,400 500 ~1U 15% Mar 89.52 87.05 179.82 89.52 86.96 84.76 179.23 89.73 86.91 84.62 86.23 86.86 515.11 152.16 70.95 178.28 89.60 87.02 84.73 86.05 86.84 515.64 151.64 70.94 178.24 89.53 86.87 84.63 85.93 8G.73 Over-the-Counter Industrial Stock Averages (35 Stocks) Compiled by National Quotation Bureau, Inc. Date— .'\ . Composite 23 Ferfed American Stock Exchange Sale Price 17 Bethlehem Steel 6s Aug 1 2%s Boston Edison series 1998— —June-Dec 94.17 Low July 12157 ' * Low No. 50 —May-Nov May Mar-Sept Flying iTiger Line 5%s conv debs 1987 Jan -July Guanfanamo & Western RR 4s 1970 -Jan-July Altalian Power Realization Trust 8% Yo liq tr ctfs— Midland Valley RR 4 % 1983 : April-Oct mortgage 4s series A 1993* mortgage 4s series 43 1993-*-; A 1st 60 —' National Research 5s 1217a ... debentures 1976 England Power 3 (is 1961 Nippon Electric Power Co Ltd— 2 7 81 77% Power 1st 3%s mortgage 1968 1st mortgage 3s 1971 Pennsylvania Water & Power 3 Vis 1964 - 3 Vis 1970 Jan-July ._April-Ocf April-Oct _June-Dcc Jan-July Public Service Electric Safe Harbor Water series B & Gas Co 6s 1998__Jan-July 1965 Mar-Sept Jan-July Feb-Awf 1973- A 1973 2%s series C 95 108 —— 98 21 100 , +1.6 + 0.6 503.5 427.1 295.5 159.4 289.2 390.1 + 3.9 317.5 286.1 + 0.2 163.5 + 0.8 291.5 274.8 —1.8 402.3 340.5 Stocks No. of Shares —— 118 89% '+94% 109 98 — ' •" 50 — 92% 3,410,000 137,000 3,547,000 4,152,000 3,692,000 142,000 145,000 4,294,000 2,127,240 1,939,420 3,871,000 162,000 4,033,000 $840,000 $19,245,400 94 Tues. July 16_ 86 90 Wed. July 17. July 18- Fri. July 19- +83 91 +85% 118 87 584% 1956 19 57 1957 85 93 4 118 136 80 89 International 91% 97% Foreign 83% 80 11,311,180 300,359,724 $73,000 82,000 $215,000 101,000 $840,400 <26,808,750 18,405,000 $1,662,500 16,735,000 543*632,300 31,920,000 549,647.400 $18,397,500 $570,596,050 $581,883,400 88% 82 11,121,870 $19,245,400 96% 1956 89 Stocks—No. 43 92 . Feb-Aug *80 88 Feb-Aug —Feb-Aup *83 88 88 94% 96 329,041,927 — Bank —- and j — Industrial — Total 91% *88 Government Railroad —- - 1976 Shares of Bonds S. U. 87 *80 —— Jan. 1 to July 19 Week Ended July 19 98% 89 92 92% $18,405,000 102% 95% 89% 11,121,870 - 82 118 *85 88% 3,837,000 98 % "l 86 .91 100 23 Sales 2,056,490 2,485,100 114 Bond Bands Bonds 2,513,620 July 15_ 94% Bonds Total Government Bank Foreign Bonds $3,534,400 Mon. 97 United States Int'l Railroad and Miscel. $254,400 56 80'/a 1 v 100% t80 89% 156.2 $3,280,000 53% 3%s series D 1976 3s series 3s series 3%s E 1978 F series 4Vis series 1979 H 1982 California Southern Counties Gas Southwestern Gas 3 Vis Gas 1970 (Calif.) & Electric 3s 3%s 1971 1970 United Dye & Chemical 6s 1973 Wasatch Corp deb 6s ser A 1963 Penn Traction 5s 91% 99 97% 97% 99 4 97% 98% —' 89% 89% 3 88% 97 87% 87% 5 87% 91 87% 3 *80 —— June-Dec 93 % 87% 67% 101 101 72 1 100% 72 72% *98% — 9 15 77 98 — 98 i 102(4 Mon. 101 % Tues. July 16 July 17—— Wed. Thur. Foreign Governments and Municipalities Friday BONDS American Stock Interest Period Exchange Last Sale Frlco or Friday's Bid & Asked (Gefmany) Bonds gold 7s 1951 Jan-July Central Bk of German State & Prov Banks—1 A0s series A 1952 High No. . 80,000 2,000 4,000 62,000 35,000 "T.OOO 43,000 35,000 8,000 7,000 1,000 2,000 38,000 $244,000 $23,000 $17,000 1,173,235 926,065 1556 1952 High of 86,000 70,000 $32,000 Week Ended July 19 Stocks—No. $47,000 1,113.700 5,253,685 Total*. *176% 190 1957 91 Jan-July *24 —Feb-Aug 1173 June-Dee 155 21% 183 Foreign government 105 Foreign corporate 24% 126 140 " Total" 1956 5,253,685 5.543,595 125,477,437 133,870,577 — $321,000 23,000 50,000 $6,689,000 1,170,000 17,000 17,000 982,000 $8,095,006 4,244,000 925,000 -$388,000 $8,841,000 $13,264,003. 180 111% July 19 $244,000 Shares— Domestic 109 104 $284,000 Jan. 1 to Bonds 133 April-Oct 1951— ADanzig Port & Waterways 6%s AQermaa .Cons Munfc 7s 1947 AS I secured 6s 1947 July 18 July 19— Jan. ) Low $5,000 v Total Bonds $10,000 996,150 — — Range Since Feb-Aug Ac6s series B Bonds 1957 Low Baden Fri. Week's Range Corporate Bonds 1,044,535 July 15 92 Foreign Foreign Government Bonds (No. of Shares) 98% 70% Domestio Stocks 104% 90 Exchange Daily, Weekly and Yearly 77 65 % 9 Transactions at the American Stock 93 87% 67% 91 *95 Feb-Aup ... 101% 90 June-Aug , 87 *92 _June-Deo 1960. Western Newspaper Union 6s 1959 ApriZ-Oct Fep-Aug April-Oct Jan-July Feb-Aug Feb-Aug ^Jan-July Washington Water Power 3 Vis 1964 Webb & Knapp Inc 5s debs 1974 West 90% 97% 90% Feb-Aug 1981— G Southern A 431.8 110 83 91% —— 382.7 500.7 . Daily, Weekly and Yearly 60 59 596 —— . 405.7 307.1 159.7 291.5* 383.1 Service 58% 95 — ^ 119 106 Power Southern California Edison 3s 3s series 60 52 7 4 61 54% 83 Corp 3s, 1981 May-Noo Sapphire Petroleums Ltd 5s conv deb '62—Jan-July 3%s 60 11% Total 6%s due 1953 extended to 1963— Ohio ' 86 Va +86 — ' 90% 9 *57 Jan-July May-Nop 322.5 ■■»' 130 84 V 83 % Corp— subord convertible Low • 438.7 Thur. New 365.0 472.5 •*- 97 % 82% 95 115 • • 503.5* — - „ 0.9 + 1.0 •; 57% 87 and + 361.6 467.6 1957— < High " Change * July 5,'57 "New High. High 3 45 50 88% Finance Mining : 365.0" 472.5" 438.7" ■ Goods Lackawanna of N J Division— 1st 3 78.87 Jau 23 follows (1039=100): V' Delaware Lack & Western RR— Finland Residential Mtge Bank 5s 1961 94.00 Aug High 94.44 * Trade, , 83% 82% Jan-July 3%s 1378 8o;25 Feb 13 Range for 1950 18 — „— Non-Durable Range Sine* Jan.1 Sold High 50 *130 Quar-Feb 1970 A Chicago Transit Authority Bonds Bid & Asked 87% 50 — Low 19 Utility Friday's Low AAmer Steel & Pump 4s inc debs 1994 June-Dec Appalachian Elec Power 3 Vis 1970 -—June-Dec High 94.03 94.20 <94.11 16 f«r. 1957 94.44 July 19 Range Closing 15- Durable Goods Jan May Week's Range tfr 86.89 179.87 71.64 71.23 Transportation Last 86.32 71.70 152.89 152.51 Percent ■'V; 5] J May . Feb 20% Interest ' 87.04 153.45 current year are as ■ '20% ; 40 86.47 85.12 SEC Index of Stock Prices 21% July 79% Jan Feb 1% .BONDS Total Bonds 517.42 Manufacturing Friday ities The SEC index of stock prices based on the closing prices of the common stocks for the, week ended July 12, 1957, for composite and by major industry groups compared with the preceding week and with highs and lows: for the 6% — Ralls r 15% Mar 5& Feb preference— Wright ffargreaves Ltd— Zapata Petroleum Corp Util¬ Rails 520.16 520.77 : July July Wed. July Thur. July Fri. July May 43% 69% Feb 1,000 10 r Grade trials Stocks 10 Second Grade Indus¬ Jan 101 July 39% Feb 11% Jan 20% Woodley Petroleum common— Woolworth (F W) Ltd— ities Tues. 17% Apr 14% Jan 96 14 V* Wood, Newspaper Machine.— ..Woodall Industries Inc < . roads ,Mon. 87b July 4% Ian 2 % Feb - 10 65 26% Mar July 5% Jan — Util¬ trials Jan 19 8%. — Rail¬ 10 First 10 Total 4%. Jan 10% Mar 4,300 CP 15 Indus¬ Jan 12% 3% 11% 20% 3% 20 23% Jan July 3% Apr- 11% 19% 3 10 . \ ' Jan 20 % 300 -Bonds- -Stocks30 Feb 38 8% July 300 21% 19 11% Industries— ■tyilson Brothers^ common . 9 21% <3% — Wicfces . <The): Corp— Wllliams-McWilliams 8% 21 Va Wichita River OB Corp— . 1% 1% 1% 9 * .preferred daily closing averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co.: 477b May 29% Jan 46% — White Eagle mternat Oil Co conv Mar 7% Jan % Feb Weyenberg Shoe Mfg„ 5%% 91 3,900 */• Westmoreland Inc White Stores Inc 3% July 3 % Jail Jan 25 Western Tablet & Stationery Westmoreland Coal- . Apr July 126% Jail —Is — ord shares 2% Apr l7/a Jan 1% May 85 % J an 5% Mar 1,800 on the are Date Jan 104 July 2% Mar 1 $2 -cumulative preferred Stock and Bond Averages Below $284,000 -- 35. 36 Commercial The (348) and Financial Chronicle ... Monday, July 22, 1957 OUT-OF-TOWN MARKETS RANGE TOR WEEK Sale l'rice Par Sugar Tel Tel & Boston Pers Calumet Cities RR Service Co— 6% Assoc 10 67% 68% 129 58 30 30% 126 30 39% 42% 656 28% 56 56 59% 59% 47% 49 —100 "B"__ Ford —' ' mt ' — Co Electric Coal Creek Co Copper ■ ZZZ25 New New Northern Olln RR HJ (N Mathieson Stone Chemical United Webster 2 416 47 July 52 Jan 128% 13% July 32% Apr 15% 12 40 % 160 13% 250 10c 200 16*8 3,927 270 14 Jan 12c 15% Jun 17% 132 Telephone: 87 21 60% 455 86% May 42% Feij 21% 380 20 Jan 24% Mar 43% 44 % 3,621 47% 42% 43% 880 43% July 39% July 50% 51 48% May 87 87 55 65% 68% 86% July 52% Feb 36 Feb 17% Feb American 495 " 10 com 45% Feb Chrysler Corp 63% Jan Feb Continental • Davidson 68% July & C Navigation- 50 27% 25 22% Jan 32% Mar 37% 100 33 % Feb 37% 27*8 810 38% 11% CO to VN 84 25% 30 38% July 50% 13 85*4 583 82% Julv 3% 517 8% 25 3% July 7% Feb 39% 39% 132 39 July 47% Jan 56 12V2 56% 50 54 Mar 68 Jun 71 68% 71 242 53 Feb 71 July 57% 57% 39% 57 7 265 45% Jan 58 8% • 90% Mar ' •_« Gibson Art —10 — 39% —_ Manufacturing 10 ... ..1 Procter & Gamble. — — mm — —mm mm mm — S Printing common -Preferred —2 ZZZZZZZ Stocks 39% 40 48% — — • U Ualfcted 5 49% 2,250 27 40 % 39% 41 52 5c a 26 49% Randall 52 27%,. Jan 44% Jun r * 120 52 ' 26 79 25 Mar 36 - American 44 « Airlines Cyanamld 28% Jun 44 * 45% Telegraph 195 170% Jan 110 71% Jun 3 Baldwin-Llma-Hamllton Boeing Wright Apr 130 39% July 41 % May 49% 125 12% 90 11% 13% 65% 110 59% Feb 70 81% 145 64% Jan 58 Feb 68% 34 66 Dynamics 47% 42% Mar 169 16% 110 27% 31 % 31% 42% 42 % 31% ■ — Montgomery National National Cash National New Ohio Co Phillips 39% Petroleum "*~ Corp Schenley Sears Roebuck Socony Mobil Southern Sperrv |q ——ZZZZ " Co 15 ~ Z.ZZZZZZZZ Rand Standard Brands Southern Indiana Standard Oil (N J) Z Z (Ohio) Studebaker-Packard Sunray Tv--, m Toledo Edison Union U S 7 8 Steel For ZZZZZ_ ~~ — footnotes — see page 44. 30% Feb " , 49* Apr Admiral 68 Jun Advanced * - Jan 27% 1% 400 1% Mar .1% Jan 17% Jun 1% Feb 25% Apr Apr, 16% 295 2% 3,000 14% Jan 2% Feb 26% 26% 28 370 17% Feb 28% July 199/8 19% 130 19% July 3% 3% 166 3*4 Jan 21% May 3% Jan 1,509 42% Feb 61 3% 59% 61 10 11 11% "4,825 4% 400 4% 10 4 10% 555 -3% lt% 850 30*8 31% 3% ;3% 31% . 11% 14 20 720 — 14% 11% Jun 31% ? 20% , 1 -^4% *. 9 ' ' 14^2 2 2 18 % Mar 600 , Feb 13% Jah 5% Mar 6% July 507 . Jun 20%. July , , 4% Mar 7 472 7V« + 150 100 383 " V14% 14% ■* :• 4% - i. tjfl 1 20:% 8,% 17% Mar Apr 15% Feb -165 . Jan 20 26*k Feb 10% 1,580 20 . Apr 3% Alay 2% Jan 10 July 11% July 4% Jan Feb 9% Jan 230 Jan 3 8% Jan 11% 1 1—1 72 45% 58% 10 ; Apr 6% Apr 16 Feb 1% Mar - Apr 2 July 55% July 68% 52% Feb 72 47% 821 38 % Feb 47% July 15% 20 14% Jan 17 Apr 35% 33% Jun 38% Jan American Allied Allis Paper —;—*. of Co (Un). 20 30% Jan 36% July 19% 10 1434 Jan 19% July 40% July American Feb 39% Jan American Cyanamid Feb 69% Jun American Investment 39% 70 38% 38% 30 66 % 10 34 36% 46% Mar 50 33% Jun 121 24% Feb 28 130% 131% 25 100% Feb 2 28*,8 American 35 35 64*4 65% 50 49% 49% 3 20% 21% 21% 158 21% 47*8 48 Can Co t.Un) .1 <Un% 136% May American & Stand Rad Feb 35 July American Tel 59% Jun 63% Mar American Tobacco Viscose 48% Feb 52% Jun American 20 Feb 22% Jan Anaconda 25 19% Jan 23% May Armco 70 44 % Feb 53 Jan Armour Jun & Corp Corp Co (Un) Feb 49% 32% Feb 39% July Ashland Oil & Refining common— 48% Feb 58% Atchison Topeka Common __! Warrants 56 85 60 52% July 32% May 58 33% 25 18% Feb 22% May 5''0 non cum preferred Athey Products Corp 1 27% 27%- 110 25% Jun 29 % 651'a 100 48 Feb Jan Apr 24% July 26% July 41% 49% 53 — — 53% 66*8 68 58% 67 58% 6*8 28 6*4 28 88, 54 396 37% Jan 42% July 175 21 121 50% Mar 61% 53% Avco 47% Feb 6% July 23% Feb 62% 8 29% Jan Jun Jan Jun ' 14*8 Jun 3.300 170*4 800 70% Jun 78% Manufacturing Jan Jan 700 51% Feb 64*/4 Jan 16% 700 13% Feb 16% Jan 1.400 4% Feb 6 V* July 185s 1,200 16% Feb 19% May 25*4 1.900 9% G 6 •» 18% A Co__■- Jan 21% Jun 52% 300 41% Feb 57 % % 7% 3,300 1 18 137a 10 __ - Z_ 36% Binks Feb 22% July 72% Jan Manufacturing Co Boeing Airplane 5 Booth 5 Inc tUn)_4 PI 8 18 50 13% 14 2,700 70 70 200 3*i 3*i 500 6 Jun 1% 7% July 12% 1% 600 33% 55% 29) 55% <0 Y 1 % 14 000 50% 4.2*0 32 33 41 % 39% 41% 16% 16% 18 1% 500 4'K) , 1.00)^ 74 4% 3% Mar 37 49 49 1 14% May Apr Feb 36% Feb 1% Mar Jan 13% May 17% May 67 Apr Jun Jan 55% 5 (Uri) % 52.901 7% * - Jan Jun 14% % 50c .10% 9% 100 52 13 : 26% 22% Mar 700 21 9% 7% 73% July 13% Aor Corp 25 21 9*8 .3 Corp Eenquet Consolidated Bethlehem Steel Corp 25 " 1.50 :• 124% July Fisheries Jan 15% 4 — Aviation 18 179% Mar Jan 57% Jan 57% Mar 2.400 15 16% Feb 18 15% 172% 175*8 71% 72% Jun 57% 13 % 30 Jan 72% 101% 125 5*8 41% Julv 2 71% 1.200 7% July Feb 50 22 %. 7% 43% July 8% Mar Feb 13'4 70 % Feb 57% 73% 22*8 — 31*4 31% 13% ~i 700 f, 900 73% 60% Mar 17% 43% 40 1,100 122 7 B 122% 10 Jsn 12,050 41-% 10 Bastian-Blessing Co Bearings Inc Bendix 48 15% 1.60) 48 68*a 59% ^-10" * 1__ Manufacturing Corp Belden 44% July Jun 100 Jan 66% 10 ^ Bailey Selburn Oil &' Gas class Baldwin-Lima-Hamilton (Un)_ 68% July Feb Feb 1*4 16% • Refining Co Automatic Washer Co 65 % July 21 20% 44%- • 1 Atlantic 63% 52 43*4 45*4 16*4 — " • 21% 325 25"i Mav 24 Apr & Santa Fe— 52% 26% 51% Jnlv 101*4 July 17% 5 38% 24% 50% Julv 10 12 24*8 16% May 36% Mav 41 —• 33 25% 12% July 32% Mar 67 Ve 50 20 ' — 25 ; (Un):—,-L 33% — 660 1,800 1,000 20% Julv 7% 71^8 (111) 21*4 25% July •.Ova Julv Feb 26 Jan 8% May 57 42 173% 5814 Jan • Feb 450 42 5 (Un)— <Un)_. 52% — 5*4 21% __ 25 21*4 — 52*4 July 95*4 July 44'% —100 — Company Steel San Tel Co__ & 43 % Feb 500 575 16.753 55% 60% 13% 20% 5 37 % Mar 9% 300 1,700 ; +_7 % 41% 14% 7% May 20*4 — 1 ■ 58 % Jan Jan Jan 10*4 Mar 33%, .,33% ...50%, 51% 96% 98 common—10 (ill) Co American Machine & Foundry—— American Motors Corp ^ May 50.% July 38% 20 : . -12.50 new 37% " 1. -—' Feb 31% May Broadcasting Paramount Theatres 38% Mar 43 50y2 1 America— 36% 26% 47% 33*4 0 : - 200 12% ' . 10 . 36 % — : 200 37% 700 31% 8% ;• >"8% 58% —* .8. r High Low 50% 2-K) 52% 57% — . Range Sincr Jan. I 73i 7% __ „ > 11 >11 , 1 —1 v 31% 7% 5 Cprp :— Manufacturing— Airlines Sliares flinh 50 __ 2__— Ltd f<»r Week »f Hike* Loir — —;—10 " " Chalmers Aluminium mis Sales Itnnge ' —____5 : —— Aluminutp 30 Apr July rraiisnerlnT) ^ Week's I asl CastingsCorp tUni Ludlum Steel— Alleghany 132 32 round-lnr the Par- _L— Co__" Allegkany 25% 20% ot * '// Aluminum 39% July 35 7 k — corapllatiOD Friday - Corp 205% July 25*4 » 16% 13 Feb 35% 5 Carbide 8boe . U Acme Steel 38% 38% ZZZZZlO ~Z 1 ;_2 " 2 Zl Z ZZZZZZ_ZZ25 2. 1.329 2% —1 Abbott Laboratories Jan 66% — 25 ZZ Oil 1 % 1,500 10*4 —1 common common— 19% — 5 50 ZZ_* Standard 29 % Alar 1% 2% common--——10 36% — ~ ~ ■ 55% 70% 35 % 45% — Z_ZZZ_5 "Z Z.10 ZZZZZZZZ 5 L.ZZZ! ZZZZ 3 39% 15% — 71% in Republic Steel Reynolds Tobacco St Regis Paper 110 Feb 10% July 32% Jun 26% u_5 L_— Allied Laboratories — 130% _* 201 % 205 % — ZZZZZZZ6.25 Oil Radio Apr 177% Mar 201 % —_ZZZ '12 ZZZZZZ50 Z„33 % Pepsi-Cola Pure 31% 46* Feb 30 "I5 ZZZfi Pennsylvania RR 32 V4 1% '20 Sale l'rice 40% 42% « Central 8*e Mar 32 Vt Mar 6% Jan 'rr'-l4,2 +4 —* * 12 56% Mar 5 Illinois 325 : STOCKS 29% Mar 105 10 Register Edison 10% 1% 26 »•...' 30 172 Lead York Owens 5% Midwest Stock Exchange Feb 66 ZZZ-ZZ* Dairy Distillery 23 May 030 "■10% Jan 47 25 & 24 5% 10 A 31% 63*8 * . 197 5% __1 . ». 18 46% 3 _ Corp Ward 25 1 1 B Corporation Wayne Screw Jun 63 *'8 . National Feb 46% 1 (P) 25 5% 1,1 Packard 47% July 17% 29% — (The) 47% 17% 1% Tel 21% July Axle__—_i—5 & class Tube Jun 281/2 5 ... & Feb Apr 17% 5 Harvester Mead 68% ■ 7 Electfrlc Auto-Lite LoriUard % 5 Tel 17% 1 L_, 50% July 28% 5 International 869 —— Products. Inc 81% July 19 66 Light International 3 July 7% July 21% —L_——2 common Jan 79 — Pont Greyhound Corp Feb 21 1 Jan 64% Apr Dow Chemical Electric Jari 3% 7% July Jan 49*4 _1 General Motors Jan 1*8 408 5 Manufacturing Sherman , 41 10 r & 3% 11,425 7% 1 _ Sheller 19% May • DaytiSh Power 4% 3 7% —3 Paper—1 Spring Standard 5 ; 4% 2% - Jan 12% 64% Ohio Products 4% —: 10 t Dillon Jan 7% 5 WV Jan 8% 46% July 4% Apr 3 Products Scotten Feb 49% 10 j.. 24 5% July 1 __t Co & Mar 1 preferred,-. Udyllte Jan 1,791 July 59 Apr Rudy Manufacturing 77% 39% Columbia Gas So Rockwell "• 180% Mar % r 10 _ (H Jan 5% 38% — Prophet Company Rickel 65% 12% 270 Jan 45 17% Jun 3,712 8,056 common River'Raisin Feb 150 ' 19 18- 21 % 54% Jun 6% ; —;■ Metal Studebaker 105 3,019 47%' 10 Metals Davis Jan 7% 13% 188 58% 6% i Chemical common 72% 7% 13% 15% May 36% Feb 17% 43% 56% 45% Products Co Wheel Feb 16% Feb 537 17% 13 6% ...— Refineries Peninsular Jan 12% 19 25 ; General 160 17% Julv -41% May '43% - 2% __ Clemens Parke 47% July 25 t Chrysler Corp General 135 18% Jar. 37% Jan 45% (S S) 51% 59% •700 6,426 1 LL+ —: Drug 17% 40*8 40% 1.66% Pfelffer Brewing July 18 1 : 1 58 18% 7% 44 1 , ... 45 58 — 1;.« _ Colgate 14% May 18% 5 Mills Chesapeake & Ohio 68% '• 17 14% _ Steel 721% 67% 58 13 — 72 ■ . 67% 296 40% 1 Motor 48% July 172% 175*4 172% 100 Avco On 24 Jun 43 1 Chrtis Apr 42 15% 10 Corn 17% 48 Ashland Oil Columbus & 40 20% : Service Feb 19% 25 Cities 40% 14% 50 Burlington May 155 45% 42 % 45% Anaconda Bethletiem 10 19% Manufacturing Jan 5 :—20 Motors Mt Jan 45% American Tobacco Armco 44 45 5 American Telephone & 7% .2 Electric Michigan Jun 52 10 Radiator Jun Jun Y & Masco Screw Jan Jan 52 1 American Ball Leonard ;. 12.50 American Jan 8% 6% - 39% July 50% Jan ' Can Stores 49% 957 6%v 6% Chemical— & Lansing Stamping "* American Allied Jun Jan GVa 1 — ; Oil 81' 6 — Kresge Co ' Kroger Lunkenheimer Lakes Lamp Kinsel Jan Jan 50% July 80% Apr 45 % Corp King Seeley 4% Mar 9 . Picher Feb 64% _ Industries Julv 3% , * Dow common 34% 258 International Breweries „ 367 18% Trailer Howell Apr,. Jun 50 852 1 Jan 11 % Jnlv 21% May "3,910 —^ Bearing Hoskins Manufacturing Apr 50 125 11% Feb 8% 17% Hoover Jan 17% 45% 57% Hall Feb - 122 43% Great Apr Jan 5 3% Jah 'f 8% Goebel Brewing High 30% July 38% * r Hobart 26 Apr 24% 20 ?79% 79% 5 Wood 25% Apr "! 45% Co General Motors 26% 26% 10 459 800 3 Vn May Feb Ll Corporation...——.——1 Motor Gar Low 27 % 3% ; 18% 50 20 — Edison Fruehauf High 3% ■22 ',20- Ford Range Since Jan.I 202 5 —— Steel 1.056 t——'* . Bros 23% —High ■J.3% "May 13% May 2% Mar 200 -t 22>'4 ;; -L5 —i. Motors Low 2% ,22% ~3% Range Since Jan. 1 145 14% 22'4 —LI Consumers Power common 95 37% « Cincinnati Transit 23% Sliaies liinh 2% .5. Mfg common Sales for Week i «)' Prices i J£ederal-Mogul-Rower Bearings ——.5 Shares PONTIAC Exchange i14% common—2 Brass..—± Jan 27% ' 8.50 _ Cincinnati Telephone Eagle 27% 8 — <te Company _—— Burroughs Corporation— for Week 26% . Electric & 26% DETROIT - Week's J.mn Par - • Budd Sales Range of Prices Low 20 Gas Products Brown-McLaren 68% July 27% Jun Exchange Week's Par Milling Metal Aluminum Detroit Cincinnati ' . Bohn 482 May 21% Mar 50 ^ 49% May 20% Jan 26 1 - 2% Jan 23% Jan 49% American Laundry Exchange . ?' Kafige ACF Wrigley Stores .1—_— „——1 Allen Electric common __———_1 25% Cincinnati Stock Crystal '• . . 22% jt l.ast Sale Price 60% July Feb 42 Va Carey Exchange Stock KALAMAZOO Friday STOCKS 91% Mar 60% May Last Stock WOodward 2-5525 JACKSON Detroit Stock Jan D Cincinnati i Jun 16% 13% 1,500 Friday Jan 50% May Midwest Building ANN ARBOR Jan 137*8 Jun 10 68 Sale Price 53 S2.150 • , American Exchange ' STOCKS 51 Exchange Ford Detroit Manufacturing Champion Paper common Stock May Jan 14 66*8 65% Jun July Jun 44% 12.50 45% 40% July Feb 6c 175 — Jun Apr 4 13% 19% — 41% Jan 26 50 Westlnghouse Electric Corp Feb 47 _ —100 Co Feb 44 ■ t zz~z* ZZZ25 Com RR 42% 102% 19% • Mach 75 192 100 7 Mass 51 Detroit 72% July46% Mar 53% July 400 — m, Reilnlng & Mining Co Jun York Stock 59% Mar Feb 38% 1*8 * U S Smelt, Jan 52% 252 22 % 1 Vermont & 54 1,164 1 % Z '''. — mm Inc 702 72% 42% 22% mm — • Co. Shoe 20% 63 Feb 20% -5 Co Fruit United 63% 86% 57% 50 Stop & Shop Inc Standard Oil Co (N J) Torrington May 14 —100 Association & 67*4 57 134% 136% 135 *.100 Pennsylvania RR Co_ Reece Folding Machine Co Shawmut 55% July 20 16 16% —100 Hart RR— H & N 20 Feb Members Feb 37*4 '■ Z 51' * 51 42% July 13% - 1 ———1993 * " Jan Feb 10C 'W— 1 Service England Electric System England Tel & Tel Co„„ N Y, July 42 % 58% 13 % 10 Corp Racing Ass'n Companies.^ Narragansett High 52% WAITING, LERCHEN & CO. 70% May 20 110% 112% —■mm'- Lone Star Cement National Mar 51 50 common Corp Theatres. Boston Loew's pincliin&ti Trabsit 4%s_. Jan 14% 11% May 70*4 71% 1 - 53 12J 48% July Mai- 37 41% 56% ZZZZ5 Co Gillette Co_ W 42% BONDS New preferred LOW 68 42-% Jan Jun 15% July 23 470 • Island 19% 65% 65% +—10 Jan 13% . Range Since Jan. 1 High Jan 54 15% • Keonecott 73% Jun 48% —100 Shares Jun Feb 47% 15% First Nat'l Stores Inc Motor 179% 57% 801 13% 10 com Ry Co— pfd class A 1st cumulative General 170% 220 49 47 « W> St Mass cum 3,369 68% ' .. for Week Low ...12% (F Mar 5 1 Wool worth May 10 Inc_ Copper Range Co Eastern Gas & Fuel Eastern 8% 34 7« 5% 48 u Hecla Jan 30% July 35 40 67*4 % 48 100 common Prop— & 7% 30% " 25 Maine & Boston nigh 172% 175% 173% 50 — Westingliouse Range Sinee Jan. 1 Low High 7% —100 : Anaconda Co Boston Edison Shares Par 30% Refining American «( Prices Sales . Range of Prices Sale Price for Week Low —5 American Week'* Last STOCKS Sales Range Last American Motors Corp Exchange Week's Friday STOCKS ENDED JULY 19 Friday Boston Stock May Jun 37 July no . Mav 1*4 Jan Feb 50% Julv Mr r 35% Mar 39*4 July ''44% July 41% 26 14 Jun 13% Juiv Number 56.57 Volume 186 The Commercial and Financial Chronicle ... 37 (349) OUT-OF-TOWN MARKETS FOR WEEK ENDED RANGE Week's Range * for Week Sale Price - of Prices Par & Sons. _____ (E Brad Foote Gear Works Budd 27s 20c Company Corp C C & Inc Canadian Prospect Corp Celanese Ltd Centra* West South & Public Illinois Towel Co Cities City Service Co Products Corp Cleveland Cliff's Iron 4%%'> preferred : Container Corp Co Crane Jun National Gypsum Co National Lead Co (Un) 28 * 64 % 31 Feb 69% 25 Jan • Jan May Jan North American Aviation North American Car Feb 20% May Jan 34 % Apr Northern Illinois 43 Apr Northern Illinois Gas 36% 200 Jun 37% Jan Northern Pacific Ry Mar Northern 129 leb 110 133 % 330 Fm 140 64% Jan 84 Ohio Edison 700 41% Feb 51 Jan Ohio Oil 182 82 July 89% Feb Oklahoma 400 37 Feb 15% Jun 43% May 20% Jan 17% 28 Va May 250" 17%- 17% 31% 32 % 1,525 17% 17%. 1,600 16% 39 38% 29% 8,000 37% July 29% 28 29% 1,800 26 15 15 1,500 46 46 f __ > 46 19 18% Feb Jan Curtiss-Wright Corp (Un) & & Co World 15% Jun Parker 49% Jan Peabody Coal Co 17% Jan 20% Apr 200 45% July 46% July 15 6% 11% Jun 9 Jan Feb 15% July Pen 5 Vo preferred i Detroit'-Edison 1 ____ (Un)„j. Co. 21% Feb 36 % 32% July 35 42% 1,680 39% Feb 46% May Pfizer Philco Potter Apr July 29% 1,200 27% Feb 29% 100 29% Jan 32 % May 29% July 40% 40% 200 37% Jan 41% May .23% 64% 20 _'_ Dodge Manufacturing Corp Dow Chemical Co Drewrys- Ltd Dn Pont 5 1 5 24% 65% 1,250 1. .Emerson Radio & Phonograph Brewing Flour Mills Ford Motor 5 Corp Transportation.-—-! Amer General Box General Cnrp___ General Motors r-General; Public t Gerber Corp___; Utilities._____'!!_ . Tire (W H) 1 Gray & Rubber Co.: Lakes Greif Bros Gulf Oil Harnischfeger Heilman Corp (Walter Houdaille : & E) Industries Hupp Corporation 1 Huttig Sash & Door common 5 Vo Central , . Industrial Development Steel Inlerlake Mineral Chemical & International Nickel Co International Shoe International Tel Kansas City Salle La*cled6 Leath Co Co & 7% Loew's common Chemical Co Sr Co & 200 23% Jan 29 % 37 500 29% Jan 37 Jan 3 13,300 3 Jun Brick Scott (Un) Food Products 36% 16% 100 15 1% July July 1,800 10 Mar 67a 1,100 26% 874 — —.. 6272 South Bend 42% Mar Southern Co 15% Southern Pacific 9% 9% 121 9% Jun 10 151% May 400 108 Feb 500 34 Jan 38% 43 200 36% Feb 43 Jun July 15 > 15% 17% Jan 12 600 11 % Mar 13 Jan 17% 200 16% 18% Jan 21- 21% 300 16% Feb 2% 900 1% Jan 4% Feb 2% • 1,400 6 1,000 29 250 14% Jan Feb 22% May 2% Jun 6 May 25% May 29 July 106 Jan 1 100 July 450 20 Feb 22'A Jan 53% 55 500 48% Jun 63 20% 20% 700 10 600 10 94% 300 79 21 100 .2,1% , 41% July 38% 31% July 108% 25 99% July Jan 114% Apr 11% Feb 108% July 38% July 40% 29% 57% July Feb 38% 400 36% 36% 735 13% 13% 500 0% 6% 645 6% July 60% 13% 39 ;, 61% 2,300 45% Mar 61% July "'a 5°0 Feb 46% May 4 13 38% Feb Jun 14% Feb 7%, Jan 39% Apr 36% 36% 200 36% Jun 25% 25% 200 23% Jan 110% 111% 380 103 % Feb 128% Jan 49% 450 41% Jan 49 '/2 Jun 1 3y8 3 Va 10,300 3% 3% 100 3% Feb 10% Jan 10% 10% 100 14 14% 1,200 .24% 11 11 24%. 11% 3 July 13% July Mar 4% May 4 % May 15 15% Jun Jan 150 24% Jun 25% Jan 1,200 10 Va Jun 13% Jan 63% July 68 % Feb 63% 63% 23% 22% 23% 1,300 18% Mar 23% Jun 73% 67% 73% 2,750 55% Feb 81% Jun 4% 4% 50 3% Jan .300 5 Apr 19% July Feb 60'A Feb 38 33%;, Jan 3 7% May 367b 387a 800 31% Jan 40 May May Southwest Mfg Southwestern (Un) Co Standard Brands Standard Oil of Oil of Oil (N J> Standard Oil Co Standard (Ohio) Railway Stewart-Warner Stotie Container Equipment Studebaker-Packard Sunbeam Corp Swift & Texas 60 Thor Power. 116/b 200 26% 58 59 500 58 61" 61 Toledo Edison Trane 58V4 May 26% Jun 11% July Feb July Co Trl Continental Corp 'Un) 208 So La Salle St Corp Union Carbide Union & Electric Oil Union Carbon 1 Corp (Un» RR Fruit States . Rubber U 8 8t*el Van Walgreen , A 31% Apr 60%" July Feb Ma> fc i2% Feb Jan 47% 39% May Jun 23% 94% July Jan 94% 91% 94%- 500 27% 28'.%* 9,900 83 July 25% Jun 200 9% July 13%' May 1,100 9% July 11% May 9% 9% 10 9% 9% 10% , 29% ' ' '- •' 11% 10% 10.% : 600 10 Va July 89 89 300 75% Feb 30 30% 400 28Vs Feb 92% May 32% Apr 55 64 %: 63% 63 61% 61% 65 30 Vo 30% , 5 24% 6 . Feb 67% 47% Feb 65. 28' Mar 33 Jan July 4 20% Jan 25 Feb 46% 1,900 42% 4Va 26% Jan 32% 20 Va Feb 26% July 31% 31% 100 25% 25 % 26% 4,700 10% 10% 11 34% 33% 34%" 42 Va 42% Apr 250 10% Jun 1,100 28% Jan 200 37% Jan 800 43% Feb 950 60% Mar 12% Apr 34% Jun 42% July 59% July 58% 59% 52% 54 66% 66% 67% 3,400 53% Feb 58% 58% 400 48'A Feb 61% 62 Jan 68% July Jun Jun 18% July 41% Apr 18 May 8%' Jan 57 57 100 48 Jan 57 25% 25% 26 6,150 24% Jan 28% Jun 28' 27% 28% 1,100 22% Feb 29% 17% 18 700 15 Va Jan 38% 16% 38% 100 32 Feb 16% 16% 700 14% Feb 7% 20 7% eya July Jun 32% Jun 42% Jan Feb 44% Apr 34% 35% 1,600 43 34% 43% 200 40 1,000 Jun 73% 74 55 Feb 76 27% 27% 27% 550 24% Feb 29% May 13% 13% 13% 200 13 % July 13% Mar 53% 53% 70 42'A Feb 53% July 36% 37% 670 1 % 400 35% Feb 1% Jan 41% 1% 1 2 _1 1 • 400 26% Jan 34 33% 34 63 " 64 Apr 1% Jan July Jan" 64- Apr Feb 123% 27% July 150 62% 122% 123 Va 63% • 10 700 101 Va 27% 27% 1,250 26% Jan 29% ^ar 52% Feb 64 Jun 70O 1,300 62 62% 29% 31 9; 29% 10 Gypsum an 6% May Jun 52% 30 % (Un) Jun July 800 57% (Un) May 600 4G 5% 200 25 45% -800 2,300 56 7% 1 _• 4 150 62 300 27 7% 1,000 43% 44% 800 62 62% 200 15 44% 28% July 15 6% July 30% July 88% Jan Jan Jun 42 Jan Apr July 64 V# Jun 43% July 61 % Apr 7% 45 200 14% _5 46% 46% 46% 400 40 ya Mar 17 Apr 48% Jan 16% 70% 70 71% 1,900 67% Mar 73% • 12% 13 100 12 10 Industries 29% 29% 150 29% 11% 11,900 1 Co-(Un) Co Westinghouse Electric Corp 37 40 % 900 30% 19 19. 600 19 Inc common 18 Apr 20% Jan 100 62% Feb 700 23 y8 July 68% July 26% Feb 8% Apr 23% 52 52 100 45% Feb 15 15 10O 12% Feb 21% 21% 500 20 Jun 23% 31 % 31% 200 30 Jun 21 21% 600 33% May 23 Jan 42% 43% 800 41% 82% 82% 200 82% July 88% Jan 11 Jan 13% Jan 43 Jr Co * Power Service July 13% July 21% May Wrigley 15% Yates-American Machine Co 21 Feb Yonngstown 12% Jan Zenith S^eet & Tube Radio Apr 100 23% 31% 'F Wi 11% 19 67% 9% • 10 10 Public (Win) . 10 Electric Wisconsin Jan 18% Co Wisconsin Mar • Co Stores 'an 16 30 Jan 1 Whlrlpool-Seeger Corp Motor Feb 66% 11% 1 2% 12% 5 Telegraph Union Woolworth .. , 28 30% Inc Western 19 56 Corp.. Iron Works Dorn Webcor 500 600 30% Co United. States S 38% 10 Corporation. (Del) United Feb ; 11 Jun T 32% Apr 32% Mar 23. 25 Aircraft Corp United U 38% x22% California United Air Lines Inc. United 325 Cp of Co Pacific United 2,500 38% 57% 20 11%" 33%, 6 Company Transamerica Corp (Un) Trav-ler Radio Corp Union _ 11% •" Co 51% 11% 400 307a Jan 64% July Jun 24% July 10 Va Feb 1,100 11'%.V 20 Tool 31 J-n 25'. 307a 33% 1 (The) 31 % Jan 24P/o 12 25 (Un)__7.50 Company Sylvania Electric Products 250 Mar 54 V8 58 5 900 19 700 200 ' 1172 .. 1 Machine Tool 300 10Va 330 55 9 [JfJ^ 1. Corp 35% 32 % 55% 85C 24% 5 1, 1 Corp Corp 54% 100 617a 5474 61 Va 10 Wisconsin Bankshares Corp 300 617B 8% May 60% July: 87B . • Wieboldt 13% July 10% Feb 7 'Un) White 20 % 11% Jan 38 900 25 Indiana Standard 35% July 13% 59% 22% Mar » California Standard 28% 20% 48% 4,800 1 (Un) Inc 39% 19 22 1,450 3774 5 Feb 4 16% Mar 58% 2 Jan July 217B 567s 337t 50o Public Service Sperry Rand Corp (Un) Spiegel Inc common Square D Co (Un) : 18% July 41 Jun 48 Feb 21 1 u Co 31% Feb 39% May 65%-Jan 357a • (Un) 26% Jan 13'A Mar 567B 5 100 May Jan 10 21% 5. 100 57% Jun 300 15 200 46% Jan 7% 6y» May, 13% Mar 700 i; Works 18% Jan Apr 52% Feb July • 400 3 Co 35% Jan Jan 18% 35 %. 1 26% July 63 61% 15 ; B 26% 31 55% 61 Feb 437a 10 34 % * Feb 61% 3874 1.40' 18% 4 43 300 0 33% i 64 % 4274 S Sunray Mid Continent Oil Co Jun Apr 6172 mm*. 20g Jan Feb Jan 49« .24%. May Jap 35% July 5' 12% Jan <22V« 42 % Jun 18% 600 5. ; 99 33 Va 500 1,200. 36 1 Mar 26 32 Va Apr 13% Jan 357a mm~. (Un)__10 Jan 'an 31< - , 1374, 2.50 23% Apr 700 '.Mar- 5 July 19% 8% July,. •0 Feb 10 Sundstrand 9% July 108 Jan 26 13% • Stockyards.^ Lathe 16% May 36% 7% Feb 6% July 500 450 91 Jun 16% July Jan 12 V4 _• • Oil Corp Socony Mobil Oil (Un) Jan 145% 147% 27 Jun 67B 7.50 Jan Feb Sir Feb 1074 300 Co 14% 94% Mar ;.l 18% Jan Jan 774 (Un) Steel Strapping 38 700 12.50 Jun 28 Va 167b 1 Oil 100 « Inc Co 14% 100 1 300 100 . 1,600 63 Pen— 41% 9% 15 1672 3574 43% Sinclair 108% __16%c 'Un) ^ Mickelberrv's 27% 9% 1 Cement 157a " & Co (W A) Slgnode * • Co ^'anke 4914 Shell 700 * Jan - 46% July 1,700 B Jan Jan 1,000 * Metropolitan 49% 27 •38s-3 Class 17% 57% 1,500 25 , Mefcef July Jan 1 (Ky> 57% 500 4874 A Jun 31% 99% 25 common F1eetric ~o 93 Class 46% 35% „7 30 4974 10% • class Corp 16% ' 41% *' : Marquette Cement Mfg Merck Feb 100 4 1, Inc Fiel 73'A 350 5 preferred Louis""11 Medusa Portland 600 16^8 5 University common Martin1 'T>ie) 93 ; 33 %c (Un) Printing Co common Marshall Jan 48% : Liggett & Myers Tobacco Lincoln -13 31% 0 Libby McNeil & Libby Lindsav Sheaffer Jun Apr 34% 8.75 Co Extension Gas 36% May 34'A 10 40; • Power & Light Light (Un) , Copper. Corp (Un)__ Kimberly-Clark Corp Knapp Monarch Co Kennecott La Serrick 34% 33 %c 6474 July May 357a —— 35'A Mar 60 47 Co Sears Roebuck 46% Mar 41% 10 (Un) St Chemical Forge- 97% July 57% July 100 * Shinkle.Shoe 1 28 Feb 48'- 48 Va Jan" 42% 64% __ 26% 1,800 47 Paper Co Sangamo Electric Co. Schenley Industries (Un) Sobering Corp Jun 400 'an 400 5972 * Tobacco cl B Louis National Jan 36%. 12 s Jan 57% 14% Mar St Louis Public Service class A__. 38% 700 44% .1. 84% May 120 Feb 26%, 277a l, 46% 200 42?« 94 • (Un) 45% May 10 ; • Kansas Power & Kropp 1 3.50 steel Feb 973a 99% : Tel Johnson Stephens & " 39% 57% 100 <21,% 53 % 20% • 7.50 Co 39% May 34% Mar 100 -1,200 97% 15 (Un) & • 534 (Un) Interstate Power Co Sr T auehlin 36% 41'%"' 28 5 Packers, Ltd. Paper 47% ' 36% 3f 400 St Regis _• ___; Harvester Kaiser Alum 47%'July • Steamship Co International Jones 9,300 Feb 2% __■* • : International International 21 * 1 Co International 72% July 49 " July St Jkn 17% 10 RR Indiana Steel Products Co Inland Feb 38% 52% May 1,200 Paper Spring & Axle Dutch Petroleum Co Royal Feb 1,300 40 5 Apr 12 / 100 preferred 417a 20% 48% 150 5572 Raisin 52% .,36 6 Illinois Brick Co Illinois • 12 II10 40% 77% Jan 16 V« May 16% Rockwell 40% •43 1 Industries IiiC— Howard 11 3 Inc__ 1,400. 49%.'; 50 72 5 Bros River 200 9% __ 900 17 54% (Un) Corp 15% __ 1 Co__: Steel 68% 41% 146 67 1574 Inc Jan 2% 3 1 3 (G) Brewing Co Werner Heller 49% 27% 36% 10 Corp Revlon 55'A 92 25 , Organ Republic 1,500 1,800 '12 __1 Corp. 17 • 1672 15%. Co_ Ricliman Apr 36% 40. , 1 1678 667a 1 (Un) Jan 3 2% July ' 3 : 2,700 1670 66 Va 12.50 Indiana of (R J) 40 * ; Co Hammond Hein (Un) Corp Grlescdieck Co Reynolds 12% JUn " 56% «• 1 class A Cooperage Greyhound • " :• 89% 2174 Corp of America (Un) Raytheon Manufacturing Co 10'A May 41 . 17% Jun Jun 400 44 Radio Jan 45% 46/ / 12.50 1. Co 8% 49 Jan 65% 487B 217a ... Oats 42 72.% 16% 4672 . 1 Company Oil 4,000 18% __ Pure Quaker 9% 5 & Dock..: Great Lakes Oil & Chemical Pullman 2% i Jun Jan 46% 18' 21.7a (The)__ Service 9%* 48 Jan 18 19% July 49% May 17% 4374 Corp V/2 71 41% Feb. 20,716 217s (Un) Reynolds 24% ... July Mar 50 1974 43% (Un) Apr 86% May 72 33 y* 1772 19 21% (Un) Apr Jun 41 Co 15% Jan " 337a 17% (new)-.25 (Un) 18% 17% j 3374 19 3 & Corp Feb 72 - 1,900 33 % 60 16% 3,100 100 59 Jan 36 ya July 38%. Jan 10 (Un) Metals Co__^, 640 56% Jan , 24 Va July 25 Rexall Drug 1914 2% 12 % -Feb', 33y3c 59% Mar 84% __ Jun ' 39% 1,360 24y8. 2674. — 138 32y« July , 8% July*, 28 July- May 44% July 35%. Apr r 100% Feb 5 Coke 6c Jun'' 84% ' * 50 28 Feb 2 53 18 - 1 Co_ Stores Dredge Drug Feb 18% B Granite City Steel Co Great 8% 125 ,—__10 (Un) Goldblatt Brothers Gossard 16% July Apr 5% May 1,850 .ID 2.50 10 Cp__~l_ Gillette (The) Co______. Goodyear 15% 13% 5 Corp Rubber.— & Products G lid den, Co 900 58% 5% Mar 500 5% 16% ♦ 166% General Telephone General'Tire 6% 16% 5% 56% 112% July 6"% Jan 13% 1. 5 Corp-_______ , May 16% 5 " . Foods Public 205 % July 51% Jan Feb 100 Jun 13'A ._l • !_ Candy Corp. v 57 Va/ 2.50 General Dynamics- Corp Genera)-Electric Co General 84 >/4 Co Process 1 Fruehauf Trailer •Gen Apr 800 16% 2, __ 500 20% 1 A Phillips Petroleum Co Jan 10 ; Auto___ 367a ' . *•'*■ 36 Airways (Un) Co Corp 19 Feb 'Feb 178 900 110% 112% 5 5 Inc_ Drive Four-Wheel 17% 700 6% • 400 357a 25 common (Charles) 68 56% Mar 700 (Un) prior preferred Pepsi-Cola 28 May 41% 39% * 1. Iz's. Inc Co___ Dairies Foremost (Un) Corp America of 21 10 19 200% 205% 39%' 111%" 10 ' 19 ,l-201 i Inc__ Eastman-Kodak Co (Un) Falstaff ' j (Un) Inc de Nemours Eastern Air Lines 23% 5 < USA (E I) ■ 250 97a 68 Va July Feb 24% 200' 327a- 8% 32% 5 common Pennsylvania RR Peoples Gas Light 110 225 29% 29% 20 68 y8 July 30% 100 42% 6 conv 15% v 1% 9y*-JanT MOO' 133% 135% Warrants 34% 9,200 Corp (Un) class Co Penn-Texas 3112 29% 10 common 42% 6.25 Pictures Phelps Dodge Deere 26 % 7.50 Electric Gas Mar 1,000 Gas Chemical Glass 40% •42%' 1 Natural Pacific 15% __ Jan', Jan 6ya,July 100 68% 49 , 5% 5% 200 68% 26 1 July 3% July: 3% Mar 800 47% 8% 51 y4 400 6% 6% • Owens-Illinois 32% • 25 — 4 12 (Un) Olin-Mathieson 31" 15% 25 _____ Co Pan American 19% 8 V 3% 1. _ 14% July 45 50" CO Co. Paramount Apr 46% 8 Manufacturing 42% Mar * 19 Oak 31% Mar 45% 1 5 100 32 % July 4,000" . 3% 8 Jun 5 ' , 40 45% Mar Feb 3% 10 (Un) 46% 47 ; ' July 36% Power Co— (Minnesota) Feb 45% 38% Jun 40 Va 735 I5 (Un) 38 % 43% 82 36% 175 50 B 120 42% - 2,000 40% 49% * 58 % Mar 400 . % 38% Feb 18% Apr 30% Feb 40% 10 Co Northwest Bancorporatlon 68% - States Corp Apr 81% July 70% May 66% * (Un)__ Corp.. Feb 40 38 % 40% •< 24 j. 38% Jan 40% July 40 Jam 1 RR 30% 67 5 ; Central 100 34 66 Jun 5 100 16% Apr 14% 700 10 Mfg.. 36%. 10 _ Corp York & 11,000 81 ' New Tile 41% .140 * " Co Steel Feb 60 400 79 1- , __ of America Can 25% 9 49 100 40% 1 19% 33% 138 .1.33% Motors National 27% Jun 1,300 16%, 16% 38% 5 (Un) National Standard Co 11% 34% 460 52% 52% 38% 1 Chem 42% May 31% May 240 ,50 9'% Jan 5 Cylinder Gas Jun 40% 28% . ' Controls Co of America Crucible 1Tb 793/a 25 Co Power Continental 1,700 *' Corp.— Iron Consolidated Foods Continental 2% 19% u- 5 & Consolidated Cement Corp Consumers National Distillers & 3 33% 5 National Cash Register National Jan' Feb 200 1 Jan 5 35% 52 7% 1 com Inc Jan » Inc_ Co Colorado Fuel Industries 333i ' \ 15 -' Columbia Gas System (Un) Commonwealth Edison common Napco 35'A 99% July 37% Feb 5 preferred 41% __ - 100 Ilium Cleveland. Electric convertible Co 17% _1 — Jun' (The) 63% *' common 36 Va Vernon 50c Feb ♦? (Un) & Co 3% Mar 10 :_1 Jan' Jun Jan 58% • Inc 14% Feb - _■_ 14Va Apr Feb Mount 38 6% 358 3 (Philip) 54% July 140 -___ Coleman 30% 3*4 Maj Jan 300 97 2 Montgomery Ward & Co 800 64%- preferred : • 75 ' 300 9 . 25 common— Metorola 11% 25 convertible Morris Jan 16,900 27% Cihcago Rock Isl & Pacific Ry Co $7 Jan 1% 4% 28% 91/3 * . 28% Apr Apr 16% 40% __ , 1 Chrysler Corp Jun iif 6% 31% 90% 12.50 Co (Un) Chemical 100 10 Manufacturing Monsanto 35% 6%, Cement 55% 2%. » 40 7s 5 100 * * Chicago 23% Jan Range Since Jan. 1 Lrrtr High Hiah • (Un) Fuel 3% 2% ■, com Ry Modine River Portland Shares 35% _ Co 16" 10 preferred 35% Missouri 18% Mar 1,400 ' Missisippi Feb Brewing 54% common—19% Northwestern series- A. 5Vo „ . 13% . 35% 3% 557b - • ^_50c J Milw St Paul & Pac Chicago-& 2% 52% July 21% Jan' 2% (Un)._ Corp___. Minnesota Mining & Mfg - 13% Service Minneapolis Jun 14 V* 100 ;« Jan Feb 100 -10 45% Feb 200 19 24% Utilities 86 Mar 250 19 23% , South 11 33% 2% Products Feb Middle for Week ef Prices Lotr Par , 29% May 17% 600 250 1,300 5 _ Feb 21% May 12% 2% Champlin Oil & Refin Co common Chesapeake &; Ohio Ry (UnjChic Jan 50% . ____10 Corp Certain-teed 2 12% __16%c , Ccntlivre. Brewing Central 500 48s/i 25 America pf 2% 20 1 _ _ common Corp Mar IT Canadian-Pacific-(Un) Carrier 73 10c Aviation Hecla 38% 50 48% 15 Eastern Calumet. & 1,300 82% 10c Super Corp California 42% 2% 112.50 _ Butler Brothers 25% 19% 1 5 (Un) 200 20 5 Burroughs Corp 28% 41% 4172 Burlington Industries Inc BUrton-Dixie High Sales Range Last Sale Price Range Since Jan.1 Low High 28% J) Week's Friday STOCKS Shares 82% Borg-Warner Corp Brach Lote. 10 5 George W) Corp Borg JULY 19 Sales Last Friday STOCKS Corp. (Un) 5 • • 12 12 12 100 105 105 200 117% 117% 100 20% July Jun 102% 93 Feb Feb 52 July 15% July Jan 45 121 Jsn Jan 124% July The Commercial and Financial 38 Chronicle... Monday,. July 22, 1957 (350) OUT-OF-TOWN MARKETS RANGE FOR WEEK ENDED JULY l'J Friday Week's Sales Last Range for Week '' Admiral Corp Corp _ Alaska (Un>— Gold Mining Juneau Alleghany 50' 2 Co (Un; Corp 1,005 115 1,485 2% Fe b 3% May 8% 241 5% Feb 95>4. 532 66 34 Mar 96% July General Controls 33% 33% 775 32% Mar 36% May 50% .52%: 1,516 44% May 53% July General Dynamics Corp General Electric Co (Ulx 1 5 1355 8. 139 General Exploration Co of Calif General Foods Corp (Un* ♦ 21% —- 24%; May (Un* Corp Potash Viscose American Barker ; __ 50,2 J •» —P — 3 " 14 } (Un) —: preferred V conv — pfd_____ i—: Burroughs Corp Ink Co Packing Corp_ Canada Dry Ginger Ale (Un;__ Canada Southern Refrroloum- Pacific Railway Canadian I* (J (Un* Co Ar Charter Oil Chesapeake & Chicago Milw Chicago Rock Chrysler Corp Cities Service Clary ; 14 Columbia 680 41 % Feb 5 2,098 4% Apr 7% 300 13% 265 12-% Mar 47 423 36 Apr 52 Feb Feb 50% July 13% Jan 3=% 4 3,855 16% 16% 39%. 42% 15% 8,985 16 % 150 61 Feb 45% Jan Feb 25 % Jun 6%. 6% 715 7% 7% 100 8% 8% 200 50% 6% *7% 50% 513 28 % 28*2 17r;« 28% 6% July • 34% Feb 221 26% Jun Jun 19% 234 19% 43 43% 460 88 15% 13% 1,070 81}; 299 9% 10% 11,002 2% 300 35 Feb *- Jan 5 Jan 6f<r Feb 1% Apr 35% 265 2% 389 14% Mar 66 •/« 80% Feb. 21% May 7% Mar 10% Jan 50% July 35% Jan 23 Jan 2% July 36 Vo May 18 17% 480 • 87 88% 1,004 Feb 17% ,lnn 16% 555 4% Jan 5% July 5% 5% 5% 320 9 Jun 11% Jan _u -- 100 26% 27% 307 36 36% — 9% 27% 36% 192 64% , 64% 529 19% 19% 550 36% 36 7 « 111 79 81V8 4.835 66% 69 % 178 4% 4% 73% 73% 41 Feb 2 May 31 May July 49% Jan Jan 4% Jun 68% Jan 2% 59% 16% Feb Feb 19% May 34% Jun 37% 65 Jan 81%. July 69% Feb 70% Jun 100 4% Jun 4% Jan 160 63 % Feb 31 Jan 73)4 July Jan 41 27 Feb 32% Jan 29% Jan 3534 Jun 16 T'a Feb July 177« 13% Mar '15%-May 25 • 39 39 % 486 42% 42% 42% 1,668 41 % —50c 49% 49% 49% 520 33% 44% 45% 108 43 % May 453s 45% 567 42% Feb 8 % 8V4 250 Feb 47% May 8% Jun Feb 31% July 10 (Un) 10 45% 38 Honolulu Idaho Power International Paso Class International Intex Oil Tel Johns-Manville 93% July 265 48% Mar 56% July 2% Apr 15% 146% 1% 2,560 2% 3 5,028 47% 930 16% 157a 1,153 23% ; 16c 1% Feb " Jun 33c " 2374 51 1% Jun 3 Jan 41 Jan 23 July 4734 July 16% Apr Feb 14!2 108 48 1 »ii ~ 230 144% 14774 34!2 July 1083i Feb 150 Jan May 37% Feb 113 22 s a May 1,876 11% Jan 13% Feb 45 45 130 35% Jan 45% July 23% 23 V 23% 215 17% Feb 25% July 71c Jan 58% May 24% Jan - 81c 1,300 2.50 2.50 200 2.25 Feb 21%- 21% 212 12% Jan 23% May 34% 3472 215 34- Feb 40 63 63 % 836 59% Apr 70 9% 10 298 5% 6 277 9% July 4% Mar 60c - 1.10 Mar 3.25 Feb Jan Jan 18% Jan 6 May 45c 47c \~ Jan 28c Apr 82c 36% 36% 36% 230 33 Feb • 53'A 53% 54% 128 51% Jun 38% May 61% Jan 1 (Un» 18c 10c * 19c 2,400 12c 7,500 - 22c Anr May 35% 35% 2,273 33% Jun 99% 997b 335 99% July 114 108 108% 386 95 Mar 108% July 37% July Tel 108 7 Va ■.* (Un) 45c 36 10% 38c 4734' 47% 10 61 617s Feb Jan Jan 12 % May Jun 46c- Feb 43% Feb 52% July 61 Vs July 9% Mar ; 12,000 - 38% - 30c 345 - 45 c —__5 (Un>__ 29% 640 37 10% 36 33 %c 410 46% Mar 1,099 ' 42 407b 42% 1,403 4 14% 14V 14% 2,125 Kcnnecott • 109% 109% 113 345 42% 1,090 674 100 com—33'/aC. Copper (Un) Kern County Land Co 2Va 41% Lear 50c 674 Inc Libby McNeill & Libby___ Liggett & Myers Tobacco (Un; List Industries Corp (Un. Industries Loew's inc Lorillard Mat.son 10 V* July 56 July 2.009 29% 1,727 57 Vs Jan 19 18% 19 245 38% July 18% July 22 Jan 19 183 16-% 20 % July . Jan 'Jan 52 Jail 820 May 6,200 49c 34 VB 33% 34!« 1,927 28 Jun 36% Jan 33 31 33 2,039 31 July 47 Jan • 30% 3074 268 33 10 12% 12% 100 Apr 12% May _1 (Un;_ ; 5% 57 a 800 53c 52c 55C May 29% 5% Feb 13% J&n 7% July Apr ,25c 4% * •/« buv) 3'% Jan 6 Vb Mar —_16%c 40% 4074 475 29% Feb 42 July 1 15% 157b 137 13% Feb 18% 18% July 31 Jan 21% Jan 37% Jun Ltd 12,50 19 18% 19% 391 lo (Unt - 35% 357z 36 521 5c 5,450 Inc Jun Jan 13c 5c May 13% 137s 80 13 V8 July 14 Jan 38% Mindanao Mother Lode Mines_ p.io Monolith Portland Cement Pfd (Un)_10 Monsanto Chemical _2 Power 7% Mar 314 Jan 13% Jan 67 1 Co Utilities 40 Vz 1,4.2 30 V* Feb 41 July Jun 5c « 47% 47% 47% 233 41% Jan 49 (Un; • 38 38 38% 2,616 35% Jun 39% Jan 1 13% 13% 167 11 Feb (Un._____: 10 39% 387 s 39% 230 35 Jan 39% July 25% 2674 765 23% Feb 28 35% Apr Co Ward & Co. Montgomery July 5 Merritt-Chapman & Scott Montana 63 % 39% 10c Mfg Co— Merchants Petroleum Co Merck & Co Inc (Un)i. South 868 271 8% • 45 Meier & Frank Co Inc Middle ll'A 63 7s v 38% , Petroleums May 63% 10 Menasco Merrill 47 % 48 (Un) Co Navigation Jan Feb 6% July 10% Jun 10- 1,0%, 17% May 121% 39% Calculators (The) 63 V« 1 — M J M & M Oil Co Marchant Martin 39% 46% May Feb Feb l * Co (Un;_ (P; 12!2 —_.10c Inc—— (Un) 38% Feb 105 11 7 25 Aircraft Corp 16% July National 19% National Biscuit Jan Jun 41% Mar 4un 45% Feb 51% July 46% May Jan Nat'l Auto Fibres Distillers Co & Chem Corp lUnc National Gypsum Co (Un) Linen Service National 427c a89 a89 £2 Jan 9912 (Un)_12'/a 32% 32% 34% 1,090 29% Mar 37% Jun 3% 4% 2,200 57u Jon North 12% 12% 225 13 Apr Northern Pacific 40% 42% 2,323 Feb 47% Jan Northrop Aircraft 42 42 July 44% 299 al3 al3 100 43 % 437b 370 (Un) 6 1 Nordon Corp LtdNorris Oil Co 318 44% 1 Natomas Company 1, New England Electric System (U11; 1 New Idria Mining & Chemical Co___50 Niagara 41% 13% !___5 * Supply Co (Un ►_ National Theatres Inc 5 1 National 58%. July 874 751 67 b 7 2,135 a — 13% 45! 2 July May July a.._ 50 Jan 7% May 9 Jan 6% 8 Jan 43% July Jun Jan 1 (Un) 1 41% 17% 61 , 200 3% Jun 8 Jan 38% 42 Apr 34% Mar 5% Jan Feb N Y RR Central (Un)___ Power American Feb 32 % May Oceanic 39 % Jan 47% July Ohio Edison ;_5 1812 18.% 210 18% Jun 22 Olin • 18% ; 1 __50c 18% 143 18 Jun 22 47 48% 939 46 May 52 Jan 72 473" • 72 724 72 July 91 5 4 5 __5 200% Co .(Un) 5'/4 1,146 65 % 790 51 % 53 544 4?8 5 700 200% 200% 620 4% Feb 56% May 43 % Feb Inc 4% Jan 178% Mar Pacific Jun Pacific Pacific 6 Apr 2Q0% July 110% 38% 36% 42 7,182 30 Jan 112% July 44 % July 3 403 4038 40% 782 28 Va Apr 403e July 32% Feb 109% 111% 209 82% Mar Co Ltd Cement Clay & Aggregates Pacific Gas & Electric commonl. 6'/ 1st preferred pfd 5% red 1st preferred 4.50''/ red 1st pfd_. 4.36 red 1st pfd 27 Vo Jan 40% July 32% Jun Emporium 485 ~20 12% Apr 15 38% 38% 5,081 37 Feb 41% Jan 18% 18% 170 18 Jun 20% Jan Pacific Oil & Gas DevelopmentPacific Petroleums Ltd il n 200 Feb le Apr Pacific Tel & Tel 1.40 1.45 725 10% 10% 290 1 com (Un)_. footnotes see page 44. 15 1.35 9% July Jun Jun 2.05 Mar 11% Apr 16% Apr 15 15 205 14 5 43% 44 214 36 % Mar 44 » 30% 3i% 1,285 2- t eb 31% Jan &45 a46% al66 347a Jan 45% July ___5 ~~ 560 24!4 Jun 28'A Feb 17% 206 17 Mar 19 Va Jan 2.70 Jan 1,60 Jun 2.45 10,500 2% 3Vs 14,411 50% 50% 742 48% Jun 52 Va May 40% 40% 400 36% Feb 42% 6 July 7 V^Apr Feb 61-?8July 2Vs 2.20 3% 2% Mar Feb July Pacific Feb Jun Industries conv Inc pfd Davis & (Un) Pennsylvania RR Co (Un) Pepsi-Cola Co (Un)_^ 14% 1,969 13% Jun 25 563 20 Jan 177 a__ — 18% Jan 25 Vb May a 'Jun 47% 49% 6,937 30% 2,443 46% July 28% Jun 51 39 % 26% 26% 527 25% Jun 29% Jan 24% 24 >A 24 V2 385 23% Jun 27 Jan 22 22 110 20% Jun 23% Feb _I 21 Vs 21 Vs 100 20% Jun 23 V* Jan 7 7% 2,050 34% 36 % 2,816 101! 2 101 % 25 7% * 3574 * 33 %c 1.25 1.10 1.40 10,500 36 39 41,711 129% 129 Vs 130 521 16 Vs 16% 789 —1 100 common- Co 14% a39% a40% 43% 48 2 Pan American World Airways (Un) Paramount Pictures Corp (Un) Parke, 1,937 26% : Penney (J C) Co (Un) 109 59! 2 24 Va 14% a39% 6 57% 30% _25 Pacific Lighting Corp com $4.75 6 57% 25 ; 253 1 25% 25 369 _j. Jan 49! 2 May 25 14% Fedders-Quigan Corp (Un) Jan 510 25 — 32% 145 July 3 !'b 39% 2.40 May 24% July ' 39% Apr 25 : 1st 40% 1 17 * 8 14% ~~ 2574 10 32 »4 Exet • Til 0 Ltd diss A. [___ Fairchild Eng & Airplane (Un)__ 48 __5 Corp 40% • 97c 477'« o Products Finance 4 H_ ~r~"l~.25 Feb 1,200 13,420 20 Corp__; 5 Co 15e 2.50 26% 1 (Un) Chemical __5 (Un) 33,755 72c 2.45 24% 12 (Un) Auto-Lite Co (Un; Electric Bond & Share Co (Un; Products Corp •_ 81c 81c 2.45 Apr July • Co Mathieson Jun G% 68 3 Electrical 31% Mar 1 Oil Co_. Olaa Sugar 57% May 10 Gas Co__ Jun 1% 1% Mar Jan 64% II 29 % 26% 5 Ohio Oil Co 5 2,109 2.30 28 170 , 29 31 __2uc 900 421 47% ) 36 ; 17% 29% Apr Apr Feb 17 17 Jun 28% 20 47% 18% 823 1 (Un; Jan 2,000 36 1 Railway 17 1,064 1% 29% _i (U11) Jun 163b 1% 3574 16 _♦ Aviation 15% 16 1% 35% Oahu Sugar Co Ltd (Un> Occidental Petroleum 29% 13%. Jan 67s _• Mohawk * (U11; "A" Mar Kaiser Industries ' 1,934 Electric For 74 12.50 10 1 (Uni Kaiser Alum & Chem Corp 58% B Flintkote Co 241 6,155 Laughlln Steel (Un) Jones & 57% 5 Prod 31,575 • Corp 5818 5 . er 183 32c 45% 10c 4% July 49% Apr Inc Pa 36% 93)4 29c • ; 30% (Allen B; deNemours & Co (Un) Fibreboard 36%. of Canada (Un)—• & 50c Fed-Mogul-Bower-Bearings '36% July 32c 1 Co Co 156 (Un) Capwell 35% Mar 36% Mar 46 1 Jacie Oil 251 Co Railroad Co Eureka Corp Ltd 4314 July 12% : International Paper Co (Un;— __io Frie Jan 23% Harvester 617 j Natural 29 % 10 RR Internatl Nickel Co 5%<V El 1,806 12 % Co Central 5 (Un) Kodak 3% Jun 40% Apr July 23% Maryland Mines Corp (Un) Idaho 31 50c Industries Jan 40 12?a B (Un; 31% ___1 "B" 2.60 40 50c Corp Co 5 common Dominguez Oil Fields Co (Un Douglas Aircraft Co Douglas Oil Co of Calif Eastman Oil Sound Howe 31 (Un)_ Corp 39% May 659 1,782 48% Hupp Corp 31 Vs 31 1 Decca Records Inc Fruit (Un> Mining eo 6% 28%> Co Grande RR 26% 94% July »May Jan 550 __ 61 2.90 2 1/12 com class Ltd Co Homestake Jun 17% 27% 48% Mar 1 Oil Home Litton Jun 16 % 9 60%. Jan. 125. 1,440 1 A Holly Development Co Holly Oil Co (Un) Lockheed 98! May 485 25 7Va class Co Electronics Hoffman 10% 175a Feb Oil $1.25 preferred Hawaiian Pineapple Hercules Powder Co 43% May 16% May 81f; Jun 16% 15 • 41 % Jan 10 % 235 (Un) Publishing Co (Un) Curtfss-Wright Corp com T 7% July 8% July 19% 43 ! 4 * Chemical Feb 18 Curtis DiGiorgio July Feb 38% 16% American Oil Co Denver & Rio Jun Mar 15 Preferred Deere & Co 8% 17 19% - . (Un * 45 - 38% 3 (Un) May 39% May Feb 40 1% Aircraft Engr 39% 2.75 1 * 3 1 25 5 34% Mar 1.612 " "" 36% • Imperial Development Co Ltd 363 150 18% Jun Feb 40 (Un. Ry Jan 425 19% 18% Mar 4% 150 . 56% Jan 348 19% 50 275 2.85 56% 18% 61 52 15%. Jan 17% Jau, 840 577% 56% 60% 24% 61 Jan 47% July 48% July ' 56% 1 Illinois 43%. 43% 24 94% *94% 92% Jun 4% Jan 4% July 7% Jun Jan 18 (Un) Crucible Steel Co of America A Feb 39% July 3% Jan 713 7% Feb Feb 1 common Crown Zellerbach Corp Dresser 2.90 3.263 7 2 Motors (Un) _1 Corn Products Refining (Un) —2.—10 Crane Co (Un)_, 25 Oil July 11 Continental Crestmont 14% July 47 1.068 • Electrodynamics Corp Continental Can Co Jan 12% 1% Mar 1,661 Co Apr 9 12 17% Gas 6% 40% 17% Natural 54% July 41 % 35% —5 (Un>__ Consolidated Edison of N Y Jan 1,046 179 Edison 147'b 7,661 2,475 Hancock 7% July 50 % 915 (Un)— Jan 31c 51% 1,202 (Un*. Apr 72 Jan G R 32 Commonwealth Class IV* Jan 13 41 Packers Feb 54% a 32% Solvents Jan 5 54) 31% River July 12% 2,145 40% Columbia Gas System tiuPont 13% 31% Commercial P* """it 6 • ;—- Iron Fuel & Columbia Class 18c 2% 1 -* 3 Vs Co Co 1.262 Broadcast System cl A—2.50 Colorado Cuban Apr 48% 67% Corp Molybdenum Consol 4% 48 7 10 (Un)_ Chemical 340 22% 36% 79)a Climax Clorox 4% 3,230 July 68% Apr 41%. Jan, 38% Apr 11,995 36% 92% Greyhound Corp 4% 21c 5 296 47a 4174 10c Oil & Chern Co Great Lakes Gulf OH Corp 7% July - 18% (Un>____ Co Great Northern Grumman 18c 45% Jun 24 7,245 ' " 18% 478 " com——1— 5 Rubber Graham-Paige Corp 11% 7% 18% 36% 10 10 Co & & A; 66% May 66% May 1% Jan Ohio Ry (Un) 25 St Paul RR com (Un)_* Island & Rac (Un) • .25 Co 1WR1 Grace Jan 8% 1 Jan 52% Jan 54% Jan 52% Eefc 3,159 45%. "47%. 41% 1 (Un) Tire Apr 17% July " 6Q% July 24 20 635 6%, 48%. 36% 4 1 — Humor Co of Calif 9% 10 ,_1 ;—-1 Ltd Co GlidcJen Co Good Goodyear 44% Jan 5% 41%. 10 Corp Gladding McBean 355 1,850 Jan Products Gladden 2,867 16% . 18 V2 Ma y Feb 33% July37!2 May 1,283 72 70% 18% 4% (Un)—2.50 Co Getty Gil Co common Gillette Company 9% 55% July ; Feb T7% July , 558 22% 57% 5 <Un;_^ (Ufi) Rubber Co ic 52% 15%. 1 Champlin Oil & Ref (Un;_ Chance Vought Aircraft (Un) 26% Tire 255a 581 s 1,760 44%. 56% 10 Utilities Products Gerber 95« 7vb 10 • ___1 Certain-teed Products Corp July 200 3% (Um_ —12.50 — Jan 6 % 16% -1 °c 10c 25 Caterpillar Tractor Go common Delanese Corp of America Cenco Corporation Jan 16% Apr 22% Mar 1% 1% Atlantic Oil ©o_ Canadian Homestead.: Oil* Ltd Canadian Feb Feb 5% 42 5 5.50 5 California 523a 13% 150 General 50% 5 ~ Cement Co California 65 176 595 .. July 55% 50c 10 9 Budget Finance Plan com 60c 27 17% 1 Borg-Warner Corp (Un* Broadway-Hale Stores Inc 6 r/c 41% May. Feb 1 % *■« 51.2 4J% 12 1 15 —5 1_10 -5 (Un; _______ Feb 20 17% } Chica Oil Corp Stores Inc 32 705 55% -- 5 Bolsa 160 27 46% —2 Bonci 36% u 1 1 5 Pi 1 0 2 Inc <Un»_ Corp Jan 27 4% o common-: July 35% ° Co Airplane Co Calaveras 72% -~ t—} Company 43 Feb - (Un)__13 100 (Un) Budd Feb 57% -pc - Bishop Oil Co Blair Holdings Corp (Un; Blue Diamond Corp Co 31 711 -- (U11; 16 38 142 " Jan May 59% Mar - 25% 1 (Un; Benguet Cons Inc (Un) Best wall Gypsum Co (UnBethlehem Steel Corp (Un; Borden 977 / 10 10 * com _-,r Aviation Corp Boeing 41 % 68% .68% <- Corp Aircraft Bendix 40% 6% Instrument Beckman Jun Jan lfi'.H Oil Co Bros 70% 77% 59% Petroleum Bankline 761 6% Baldwin-Lima-Hamllton Corp Baltimore & Ohio RR (Un; Bandini 72 __ (Un; Mfg Corp 72 15>/8 Wedge Atok-Big Mar 57% (Un* Warrants 179% 16 Refining Co Corp Feb Jan 57% Santa Fe (Un) (Un) Atch Top & Atlantic Atlas Jan 0 5 (Uhl Warrants 18% 63% Jun 50 7 10 — May 170% 36-8 (Un) Jun 14% 8% Mar 56 1,118 (Un)—* (Un; Public 3,832 (Un)_—10 5 (111; General Apr 60 41% 18% * General Telephone 15% -25 50 Armco Steel Corp Armour <te Co 40 48% —• preferred 17% 15 1,448 6%. 46 Jan 173 175% —25 1st 72 1% Feb Feb (Un) Arkansas Louisiana Gas 2,504 2,195 "• " 1 General Motors Corp com General Paint Corp common Jun 57 % Public Service Corp (Un;__10c Feb (Un; ... 19 21% General 5 Co Co (Un) Anderson-Pricnara Oil Corp (The) 16% 60% 18 43% 1—_ 48% July 21% July 48% Corp Tobacco American 5 Texas 41% 297 583. of — Feb 220 15 173 Oil Jun 7% , Amer 42 a60 7% 59% 100 Anaconda „ a58 —, General 2 15% 410 Motors Corp 11 2.735 15% Garrett 40% 2.026 21 Vs American Tel & Tel Co Dow 20% Mar 395 905 '% 48%. 20 American Smelting & Refining (Un)—• Cons 26% May 15% —.—* 5 Case Jan 45 A Chemical American Radiator & 8 8 (Urt) Bell Apr 20% 15% American Avco 17% * 5 American Jan 165 Cyanamid Co new* com wUUw. Electronics Inc 1 Power (Un; 141% Jun 1,353 21%/ a43% u44% B7a May 24 22 r 22 Feb 109 210 • 2034 19-% Arma Corp Foreign 18V 58% 33% 60% ' 547i Jun 3,243 16% 1 Co Co 95 ■ 577-b 2 Calculating Fruehauf Trailer 8 %i.. 136% High 10 64 "" 3% 3% American & 58% 53 Jun Feb 7% 64 % July 45 American Friden Jan 57 5 Dairies Foremost 14% 345 Feb 44,788 59% (On) 1 American Bdcst-Par*. Theatres (TJn)—1 American Can Co (Un) 12.50 Arr.er 51 % July 64 47% 2.00 57% v Low 64 262 2.00 __ Bosch Feb 107a Mar <fc 1,333 2.20 July 59% 3% 18 Allis-Chalmers MIg Co (Un) 10 Aluminium Ltd * Amerada Petroleum (Un»_, * American Airlines Inc com (Un)__.—1 American 37% Mach 10 Feb 1 , Range Sine® Jan. 1 High 9% 62c 1.60 (Dm Chemical A Dye Corp Allied 4 10% tow Shares .10 Chern Corp Ford Motor Co Food tligh Low 515 Satar for Week Rang*, 1 Flying Tiger Line Inc (The*. Range Since Jan. 1 lliqh 50% ] , * 10 — Air Reduction Co ' Loto 10% ,,-v- Par 5 T ——10c Laboratories Abbott Aeco ' ' Week's of Prices " -Shares of Prices Sale-Price ' Sale Price Far Friday STOCKS - Last' STOCKS Pacific Coast Stock Exchange 1 6Vs Jun 34% Jun 101% July 55c 17Vs Feb Feb 32% 9 Jan Apr 39 Apr 106% Mar , 1.40 July 39 July Jan 1317/s Jun 14% Jun 18% Jan 28% Jan 36% May 124 35% 425 61 61 475 42% Feb a77.% a 79% 350 79 Feb 85 Va Mar 50 21% 21% 891 20% Feb 22 V* _33%c 21% 21% 165 20 V s Feb 23% May 35!% 1 * * a78% 61 July Jan Number 5657 Volume 186 ... The Commercial and Financial Chronicle (351) OUT-OF-TOWN MARKETS RANGE Friday STOCKS Week's Last Range 1 1 (Chas) & Co Inc & Gamble Co Aviation 52% Jun 63 Jan 519 14% Feb 18 74 Apr 576 Woolworth 40% July 5% May 45% Mar 6 Feb 53 4074 40% 40% 10 ^-4 5% 5% 100 5 46% 46% 48 74 1,106 4974 " __ Sharon 57 57 5874 649 20 19% 35% 33% 1 » Co Southern Oil Co Standard Oil Standard 34% Mar 33 38 Jun 15 215 81% 8174 1,244 31% 32 497 20% 21 380 —- 21 5 33 —— 33 2c 33% 1,210 20% 20% 1,368 2c 5,000 i'!r 1,000 2c 1 1,90 23 1 11 Feb 61% Feb 333 High Feb 68 74 Mar 20c July 19% 2c Jun 19 Feb 23 % Jun Feb 96% July 55% May 62% Jun 16% Apr 17% Jan 3,914 25 % Jun 29 Jan 700 3% Jan 45% Julv 4 Feb 56 58 2.475 4274 Feb 64 584 54% Feb 20% 1,311 48 Feb 64% July Pennroad Jan 5174 Jun Pennsalt Chemicals 20% 192 20% Jun 24 Feb Pennsylvania Feb 20% 21 100 20 Jun 22% 27% 28% 1,478 27% Jun 30-% Mar 28 ) 27% Jun 3074 Jun 28% 363 6 7 4,154 24% 6 24% 24% 396 46 1,100 45 % * 43% 43 7 31% 31 25% 11 11 100 152 1 25% 2 Mar 7 25 42 % Feb 4674 Phtlco 4574 Jan % 379 26 Jan 32 74 May 26% 6,623 20 Feb 26 74 July Progress 1074 July Public Service Electric & Gas $2.44 preferred Mfg 1274 Apr 38% Mar 4174 Jun 58% 593 8,531 43 59% July Reading Co 53% 1,094 .50% Mar 61% Scott 66% 53% 66% 53% a41% a42% Mar $1.40 Jan preference 67% 3,380 272 51 Mar 6874 July 61% Jun 78% 412 6874 Jan 8174 July South 33% 6% 35 324 26 Feb 35 7 751 27% 28% 3,585 33 33 333 1 (Un) 1 Mold Corp , Sylvania Electric Products 28% 5 6% Jun 8 74 United Corp United Gas Improvement 43% 837 40% Feb 447a May 74 % 398 54% Feb 76 Jun Jun 33 Jan Apr 21 Jan 5s 2474 Feb 6% % 34% Mar Feb 8874 July 6 4174 July 54 237a 19% 210 30 257a 73 30 Jun 2574 Feb 27% Apr July 1474 50 73 July 1774 Mar Jan 33 520 30% July 41 487 29 74 54 54 50 15% 16 74 258 6674 70 74 401 43% 44% 1,582 2174 21% 1,543 307a 30 74 50 36% 4774 Jan 4274 July Feb 54 July 54 July 1374 Jan 16 July 5674 Jan 74 Jun 20 3 3 74 40 70% July , 4674 Jan Feb 2274 Jap Jun 35 Apr 4074 May 5,046 7 74 34,347 1674 916 14 Mar 1874 80 3 80 July 80 2074 1.. 3774 1574 . 2074 36 Jan 674 July 1974 4,879 Jun 20 20 15 20 34 1474 Jan 3074 Jun 28 2 5 74 38 24 34% 387 6174 62 74 2,059 16 16 74 150 26% 2674 967 24 76% 17 1 72 74 Feb * > .... Jan July July 20 17 • Jan 7674 __ 1,328 2574 34 Apr July 2274 July 16% 30% — Jan 10 16% __ — Apr 4774 July 28% July Feb 73 307a : 1874 Feb 18 74 26 74 1674 Jun 59% Mar Feb 38% Mar 73 1674 44 74 Jan 15% 80 3274 Jan 74 Jun 28 74 Feb 31% Apr 3474 Jan 6474 Jun 547a May « __ - — 7 __ Washington Gas Light common • Woodward & Lothrop common—-—10 73% Jun 19% __ 1 ; 2974 May 33 42% Jun 3174 80 74 Apr 674 * Feb 74% 3374 5174 May 3774 Apr 3 5 Jan 42% Feb 9,519 — • Co 23% 25 41% 47% — 21 7.50 43 27 74 — - Co Sun Oil Co Jan 13 47% 2774 ' July 81% July Jan 4674 — Scranton-Spring Brook Water 58% July Jan 5u3 __ • 5 (Un) Studebaker Packard Jun 7% 16% Mar 651 • ; Gas 3274 64% 250 16% 50 78% Jersey 297 1,540 12% 5874 — • com common. common 58% Service 33% 8 1 74 42 — 1 10 Feb Jan 217-4 May 37% Jan 16% __ 50 _10 — Co Jan 39 10 — Paper Co 256 5674 100 common Co divid Jun 20 4174 • pfd 40% May Potomac Electric Power 11% 80 __ 3 Potomac Edison Co 3.60% Jan 9% 495 10 Corp 107 a 879 635 5 Philadelphia Electric common Philadelphia Transportation Co July Jan 1 074 8674 — 50 - July Jan 15 3 2 74 . * Pennsylvania RR Peoples Drug Stores Inc 58% * 25 7 4 20% Feb 1707-4 25% 10 Light— & 12 74 3 5 74 __ 1 Corp Power Jun 251 32 — 10 Corp 4574 • (Un) National Bank of Washington 2,120 3 0 74 14 — 1 64% Apr Jan — 16%o 48% 31% 26% — 10 Co Iuc Co 2 6% July 842 85 15 Navigation—— & (The) & 20% 20% 2 6% Merck 680 30 74 — -100 ; 48 5 (Un) Coal Martin Jan May 64 74 May 67 74 May 5 2,770 2 7 74 34 . __ 1 c common 61% 2a California Lehigh 574 July 5572 5274 May 18074 Mar 47 _w. 5 t 3174 May 1274 __ i.6674 v High Jun 4574 Mar 175% — . 2 Co 588 19% — 5 preferred 52% 26% 32% _10 Co (The) 374 % 57 Bait— at Dairies Hamilton Watch Co Hecht Low 26% 79 10 General Motors Corp Gimbel Brothers 1,458 Motor Range Since Jan. 1 High 974 _ MO non-voting 48% 64 50c America ox Foremost 2 (Un) A Ford 17% 62% Co Class Jan 28% __ 10 Jan 17 150 Co 4c 27% __ 1 1% 2874 272 Light They 13 1 Electric 2374 Feb 397 4Ta Jan 29% 25 Jun Mar 1 % 262 45% Jan 11474 Feb 26% __ Delaware Power & Light common__1374 Duquesne Shares 174 — __ - 1.80 Finance 628 4% Jan July 45 for Week 5174 5 Jan 61 4% 102% 16 Sales Range 13 common' 48 96% 45% 100 32% Apr Week's of Prices __ 6.50 Storage BatteryFidelity & Deposit Co_ 93 4% 13% May 4174 Jun for publication. 2674 —* Curtis Publishing Co July 74 Mar 61 45% Tel & Corporation —: City Electric Co Jan 15 Sunray Mid-Continent Oil 675 Low 1 26% 61 * Tel Co 44 96% 5 ; 82 Stores 31% July 19% Jun 23 2.50 common 43% 10 Chrysler Corp Apr 23 1 A 1674 common— Company Campbell Soup Co May 15 105% I.ast Budd May 6074 Steel Baltimore Transit Co May 42 74 (Ind) Sterling Drug Inc reo Feb 1.40 J 2Sva Feb 10 (Un) 42% 105% 108% 43% * Baldwln-Lima-Hamilton 31% July 32% 25 N Feb Jan 39% Petroleum of Arundel Atlantic 74 68J 3 (Ohio) Jan Jun 28 1,068 25 Chemical 26 >4 99c 75 59 com of Co Oil Stauffer 330 10 American 35% 15c Inc Co Oil 3174 37% American 57% Sperry-Rand Corp Spiegel Inc common Brands 23 792 Mar Feb 63% 200 28 % 58 2174 Jan 35 % Public Service Standard 399 Par Alan Wood 58% com Co 16 Friday 64 74 May 357% Co Standard 542 37% * (Un) 16c Sale Price Feb 68% 23 % 28 28% 10 STOCKS July 68 ■ (Un) Jan 1 25 Railway Standard 31 p. 10 California Pacific Southwestern , Feb 59 20 g __ Southern 92c 874 May 5174 31 > 1 Preferred Southern 390 23 5 preferred Southern 9% 91c 68% 25 __ ser 7,600 s prices were not received in time will be included in next week's compilation. 23% Mar 90c — 10 pfd 19c * 39% July 107a Jan 1,100 w 10 Co Jan 527s July 17% Jun (Un) Gas Feb 16 % 1.253 15 Calif Edison Co common___25 Cal 17c 17c Philadelphia - Baltimore Stock Exchange 22 74 May 48% 1874 (Un) preferred 5274 Friday Jan 22% Mar 17% (Un) Socony Mobil Oil Co (Un) Southern 1,892 483 1 4.24 '/o 3.960 1,565 (Un) 4.32'a % 36 62 ♦ Co 20 55% (Un) Corp 1.830 3174 July 52% (Un)__ Water Southern 91 (F W) Jun 22% JuJy 6074 Sinclair Oil Corp Super 259 52% Signal Oil & Gas Co class A 6% 1,335 24 __1 Mining Steel 21% 22% ——, 60% Ry (Un) (Un) Corp Low 65% 15% !— 10c —., Youngstown Sheet &; Tube (Un) 3974 May 34 1 1 Seaboard Finance Co Scars Roebuck & Co Shasta 21 Jan ,..10 Paper Co Inc 21% 5 (Un Range Since Jan. 1 High 6574 4914 July 17% Jan 487s 24% July 16% Feb 9 Sapphire Petroleums Ltd_ Servel 945 8.093 a Inc Schenley Industries Scott 38 25 2.50 Inc Regis Paper Co Diego Gas & Elec Schering 36% 24% 1 Francisco Mauricio 31% 36% 24% 10 ; San San 14% Apr 38% Mar 1 W Pine Foods Louis-San 632 1 ! , Joseph Lead 503 42% 5 Royal Dutch Petroleum Co (Un) Ryan Aeronautical Co_: St 15% 42% • (Un) — St 45% 15% 42% 1 Corp St 150 15% 5 __ Safeway Stores 49% 3 __ - 6574 Shares + Jan Jun Low 12.50 Jan 43% —5 p (Un.) Inc and July 16 Rice Ranch Oil Company Richfield Oil Corp Riverside Cement Co A pfd (Un) Rockwell Spring & Axle Co (Un), S Westinghouse Elec Corp (Un) for Week of Prices Par 1.30 May 65 15% Drug Inc Co__ Reynolds Metals Co (Un) Reynolds Tobacco class B (Un) Rheem Manufacturing Co Eros Feb 15% Reserve Oil & Gas Co Roos High July Williston Basin Oil Explor Wilson & Co Inc (Un) Rexall Aircraft 70c 45 260 1 Corp Republic Steel Corp Rohr 422 55% Radio Corp of America (Un) Rayonier Incorporated common Raytheon Mfg Co (Un)__ Revlon 3,070 65 54 <Un) Puget Sound Pulp & Timber Pure Oil Co (Un) Republic Low 90c % Sales Range Sale Price 54% Philip Morris & Co (Un) Philippine Long Disc Tel (Un) Phillips Petroleum Co capital Procter High 70c 6274 Week's Last 1 12.50 (Un) (Un) coip 75c STOCKS' Range Since Jan. 3 Phelps Dodge Corp Pimco (Un) 19 Friday Shares Low Petrocarbon Chemical cap Pfizer JULY for Week of Prices Sale Price Par FOR WEEK ENDED Sales 1374 7% 504 , 34% 35% 38% 1,030 4074 4074 % 196 3574 — 1574 ' 50 1774 Jun 774 May 674 Jan 3474 July 35% July 40 Jun 82 .# Jan 2774 Jun 38 74 May 3874 Mar 4674 Jan Apr ' Texas Co Texas (Un) Gulf Textron Sulphur Inc Co (Un) • common Tidewater Oil 1 „ common 28 % 2,105 15 15 350 13% 22% 529 22 37% 39% 672 25 Tishman Realty & Const Co World Airlines Transamerica TreeSweet 27% 22% 10 Preferred Trans 27% 22% 50c Thriftimart, Inc i 1 23 6% (Un) 1 ! 32% Feb 23 July 21% July 1374 Jun Baltimore Transit Co 4s series 1975 Carbide Union Corp Electric Co (Un)__ 2574 19% 2.869 6% 200 9 591 26% Feb 34 May 20% 840 1174 Jan 20 3574 Feb 6 % May 41 74 Apr Sale Price 456 22% Feb 123 603 103% Feb 26% Jan Feb 6374 Jun 3174 Jan Blaw-Knox 18 Jan Columbia Gas System Continental 27% 390 Union Oil Co of Calif— 25 56% 56% 58 1,846 52 Union Pacific Ry Union Sugar Co 10 3074 United Inc Air Lines United Corp Par United Fruit United Gas U Co Industries S U S Ftubber U S Steel Universal (Un) Inc ; common 30% 1,086 27 Jun 42% Jan 6074 July 88% Jan Duquesne Brewing 774 Apr Duquesne Light 477s Feb Equitable Gas 64 1,230 575 43% — —, 1 — — Consolidated Oil Co 1 * 296 15% 200 46% 2,594 54 305 674 Jan 43% July 32% Jan 14% Feb 4074 Feb 38 74 May 16% Harbison Jan Jan Joy 72% 60 Apr of Feb 17% Jan 22% July Pittsburgh 35 Feb 3674 Apr May Glass Plate 1 1 12% 12% 1274 July San 5 45% 45% 45% 170 44 Jun 47 74 Jan 4 a29% a29 74 a3174 165 3074 May 32% Jun United States 25c 1374 - _ — . West Kentucky Coal Co Western Dept Western Union (Un) Stores Telegraph Westinghouse Air Brake 5,311 951 13 July 77c Mar 9% Mar 15 1.50 July 13 13 74 1,045 1174 Jan 1474 May 2.50 18% 1874 315 17% 29% 28% 569 20% Apr Feb 20 10 (Un) (Un) 37% 38 74 13 17% 1774 223 5% 5% 75 674 1.692 5% Jan 285 34 74 Jun 3774 103 2774 Jan 33% May 6% 6% 34 3 35 8 29% 29% 39 74 39 74 40 9 32 74 t : 96 Apr Jan 377 a July 26 Feb 2974 3574 Feb 4374 Jan 16% Feb 18 Jan 674 5% May Jan Feb 774 Mar Apr 33 74 May 40 July May 32 32% 160 27 Feb 33 7074 7074 10 6374 Feb 7374 Jan 2% 2% 1,907 2% Feb 2% Jan 85 % Jan 3274 May _ 10 8174 71 75% Feb 7% 774 85 77-4 Jan 3474 3474 6 3174 Feb 3774 30 74 31 Feb 81 1 United 1.45 40 3574 -2.50 Pittsburgh Screw & Bolt Corp 12% 2874 34% 64 % 52% July ~~1 ' common 510 1.40 6 15 Refractories—— Pittsburgh Brewing Co (Un) 1.40 179 37% -8.50 Co (Joseph) Co Manufacturing Co—_ (Un) Westates High , 54% 37% 5 Pgh_ 277 50 Low 52% 10 Co 22 % 13 Range Since Jan. 1 High 5% 1 Corp 35% 13 Sales Shares 17 74 • Co Walker Preferred (Un) West Coast Life Insurance * Jan Jun 37% 10 - _ Commercial (Raphael) Petroleums com - July 73 Jan 49 _ Home 49 74 57% Mar Co 21 — 83 89 74 Apr 7074 July 28% 3574 • — 342 71% 53 22 3 4 48 69% 10 ; Co 740 35 74 1574 — — ■ 44% 35 44% 5 Equipment Co Washington Water Power-, & 74 May 774 16% common Victor Weill Apr 16 7% 10 (Un) Corp 27 550 60% » Corp 2,110 64 1 July 8374 for Week of Prices Low Armstrong Cork Co 3074 5 (Un) (Un) ' 37% 16% 29% % 76 % 52% 30% 29% 5,500 ' 12474 July 29's Apr 16% 10 10,000 10,300 Range Last 34 May 3074 Jun 27% 2774 United Aircraft Corp 73 Week's Friday STOCKS 123 12.50 84 74 74 Pittsburgh Stock Exchange Jan 33% 2774, , 72 — Feb Jan 37% 10 (Un) 82 84 __ 1977 ^ Union 76 __ —1975 2674 — A ser A— income subord debs- v 2274 July 20% • 1'7 BONDS ; 41% May 6% 2074 (Un) 108 May 33% 1 Twentieth Century-Fox Film 287 14 % 37 37% 1 (Un) 3 22% 14% 2 Co Corp 23 22% 22% 5 Corp Products Tri-Continental Warrants w Inc_ 26% i:' Jan 8% May ' Plymouth Oil Corp 5 —, Rockwell Spring & Axle Toy Mining Engineering & Foundry Co. Vanadium Glass Air 31 173 31% Ap* 5c Jan 16c Apr 1474 Feb 17 Jan 26 12c 15% 16 74 460 6 74 210 6 74 July 59% GO 24 36% Jan 6474 29% 29% 30 % 85 26% Feb 33 12.50 vtc lie 74 II-10 common 6674 6674 68 74 323 5274 Feb 68% July 5 1 16 —~ » Alloys Steel Westinghouse 5 10c Jun Brake Westinghouse Electric Corp 674 8,200 7 74 Feb Jun May CANADIAN MARKETS RANGE FOR WEEK ENDED Canadian Friday STOCKS Last Par Abitlbl Power & 4%% Paper • common preferred Acadia-Atlantic Sugar 5% pfd 100 Agnew-Surpass Shoe Algoma Steel new common * Aluminium 4'r Can 4 74% pfd Canadian Pulp pfd Anglo Can Tel Co 4%% pfd Corp $2.40 For IHgh Loxo 3,623 22% 2274 55 9074 90 74 100 Bank Range Since Jan. 1 3074 Jun High 35 74 Jan May 24 90% July 94 Jan 8 Jun Nova Canadienne Banque Bailey Scotia Selburn 5'4 Bathurst Pow & Bell 4774 47% 4974 10,923 4274 May 5038 July 20% 20% 2174 412 20% Jun 23 Jan Bowaier Paper 50 4574 45 45% 370 44 Jun 48% Jan Brazilian Traction footnotes 48 74 255 48 74 43 43 44 105 40 19% 19 20 3,532 15% 46 250 44% 26 4,015 50 —. • page 44 29 74 • see 3 6 74 48 72 Ltd 22% 46 29 ro 0 2.560 4774 47 47 % 3.35 3.45 5674 56 56 % July 40% July Eowater Corp 5% preferred : & 46 May 3.10 May 55% Mar High 54% Jan 3.60 May 60 4274 Jun Jan 37 37 37 715 34% 35 1,130 32 July 40 Jan 52 52 52 % 500 52 July 5874 Jan 30 750 28 40 Apr 50 --50 fi t 40 % 40% 17,236 87c 91c 250,660 44 44 44 80 40% a4674 a46 74 Power • — 9% 5 5 5 % 1,825 9% 9% 4,561 30 Ltd Light Jan. 1 34% 25 preferred Corp i • Rights 5%% 6,771 40,630 436' 87c 40 2.273 Range Low High 10 Telephoiie~IIIIIIIIIIIIIII a774 3874 Jan Shares 30 37 7 for Week 25 Nationale pfd Pap class A a7% 49 10 Sales Range 3.45 10 ^ of Week's of Prices Low Jan 22 * Corp Steels Shares 32 Montreal of Rights for Week of Prices 50 common preferred Asbestos Atlas Ltd Bank Sales 3774 Anglo Areus Week's 25 ) of Co Sale Price * Ltd preferred Aluminum —— * Last STOCKS Par 31 • 19 Funds Low 31 25 Exchange Range Sale Ptice JULY Friday Montreal Stock 37 July May 40% July 85c 40% July Jun 4674 Jan 1.14 May a 5 4874 Apr Feb 44 July 4 Mar 6 Apr Jan 10 May 7% July 52 May British American Bank Noce Co. 30 100 29-% Apr 33% Jan Feb 46 Mar British common • 56 56 57 7,151 43% Feb 57% Jun Feb 20 July British Columbia Elec Co 4%%' 90 90 90 76 Jan 50 Apr 4 pfd_100 50 42 29 July 22% .July 35 Apr 5% 2974 Jan American 74 % preferred preferred 4%% preferred Oil 8874 July 9574 Mar 42 3 b 185 41 46 Feb 50 43 48 220 46 Jun 50 Mar 50 4174 41% 75 40 May 43 Feb May 40 Commercial The (352) Financial and Chronicle... Monday, Ju.y 22, 1957 CANADIAN MARKETS RANGE Week's Last Low Par British Cohimbia British Columbia Products Forest Power Telephone Columbia British Brown Co B class Ltd Mills Bruck Building Products High Low 51% 51 % 51% 3,018 42% 42% 43 126 36 %t 19 Calgary Power 1,480 10 May 41 Feb 53 42% July 47 16 17% July 16 17% 3,995 2.00 2.00 200 2.00 Apr 35% 36% 176 29% 13% Jan July Jan May Jan 36% July 75 74% Mar 80 Jun 95 95 155 95 July 102 May 26 7 k 27% 2,626 25 Mar '—"*r 27 % 27 Va 2,139 26 Jan 35% ■ 100 • ~ Malting Apr 29 Feb 33% 37% 38% 805 Jan 42 Apr V 106 106 106 25 101 Jan 110 Low Series A 4% ">0 preferred - 4%% B 49 49 50 125 48 May 89 89 40 89 July 43 44 805 29 Jan 52 41 % 60 41% - 46* 50 Sicks' Breweries *• 20 18% ■ Canada Steel of Power 41% 15 525 25 . •21/: 17% 10 Apr Jan 15% July, Jan 25% 20 1,415 454-:.. 30 July 47 55 49 Jan 71% i 3,941 CO Feb Jan 20 Va Jan 59 *68'%- 22 July 17% July 15 59 /*•' *. • 255 18% ..54 ——* Southern 47% Jun 20 -■ " • . Co July 38 ' * comr.on Simpsons Ltd *Southam Jan Jan' 46 10 30 15 Jun July- 44% July 185 30 —.25 40 46 « a38- V Shlrriff-Horsey common 5%% preferred ...— High 96% 102 ..6014 Mar a38 46 * • -• Williams of Canada common.*- Sherwin 'ma,'*- 96% . Feb 81 1,437 91 . s>jjt- % Low High 93% 92% 41 Karge Since Jan. I Shares Jan 55 Apr 73 May .49 < • Mar 60 . Jan - Jun 44 coramo .BO preferred 12 .10 12 11 100 55 Mar Triad JUn United 12 y2 Apr 45 Jan 94 45 y2 Feb Steel Corp Gooderham Jan Webb & Knapp (Canada) 27 % 28 1,988 28 July Weston (Geo 1class 28% 595 24 Mar 29 Jun 16% 17 1,140 16 Jun 19 Jun 80 29% 1,365 25% Jan 27% : 50% 990 23 % Apr 4,700 V 78 14% Mar •67% 575 -■ 4.50 *-3.80 , ' 752 .. . , , 42% May 7.20 Jun 620 " 15%-- ; 12% 76% » 9.00 Feb 2.75 Jan 17% May.:. -82 Jun , J v -1,600 4.65 Apr 26%-. :u*o !«»% 27 % Jun 86 86 100 86 July 92 Apr >28 29 -275 23 Jan 33 Jun "•-•'26% V —" . - 4.10 .v—1 Ltd "A" 78 • 7.90 7.25 15% * Worts—— & 7:90 * - 44 .'43 44 • Oils Walker 69 % Bank Toronto-Dominion -/an 55% Canada 27% 50% • Breweries common. 50 12 Co 17 Canadian Bank of Commerce—— Canadian 30% • pfd_—100 common Ltd 4.40% Canada Safeway Canada Steamship 5% 62 725 10 preferred Canada 75% 100 Canada Iron Foundries common 4%% ' 20 preferred $1.30 for Week Shawinlgan Water L Power common..4 Class A • ; r..—* Apr 3.00 26% • common Preferred Sales Range of Prices Par High , Canada Cement common Week's Last Sale Price Friu.j 11% * —— Jl'LY Range Since Jan. 1 11% 10% ENDED STOCKS Shares 12 • • 25 1 —* WEEK for Week of Prices Sale Price FOR Sales Range Friday STOCK* - Feb - Feu i. < ' 31 $1.25 preferred class Canner Canadian Celanese A . al4 125 13% Feb 15% 15% 3,782 12% Apr 16% a27 a27 5 27 Jun 30 7% 400 6% Jun 9 a3.50 50 3.GO Feb 21 21% 625 12% Jan «... 1 21% Canadian Oil Hydrocarbons • Canadian Industries • Canadian International common Ltd a 17% 13 385 al3 13 al7% 265 ♦29-4; ♦ * Jun 3.60 . Canadian /Stock Exchange Feb 9% Jan 15 May 20 May 17 17 17% 1,110 15 19 45% 46% 1,850 45% July 46 % • 36% 38 1,970 26% Mar a— al3 al3 5 39% July 14% July 2* Canadian Petroflna Ltd preferred—It 33% 33% 34 9,391 23% 24 Va 1,312 Power —- Canadian Oil Companies common 1955 Warrant - Canadian Pacific Railway Farm 24% • Equipment- Combined Enterprises Consol Mining & Smelting — 30 % 31 80 • • • Canadian Vickers Cockshutt 8% 8% 900 Apr 4% Mar 28% Feb 23% Apr Apr 27 7% Jan 12% 12 12% 1,020 10 22% 22% 23% 3,165 22% July Feb 34% May 26% Jan 32% Jan 8% July 13% May 28% Week'* flange '*• Last ' / July 38 STOCKS May 46 Friday '" Low... Abttca & Lumber Dominion Canada Jan Canadian Jan alO a 12,* 7, Sugar..—_* "20 •; '122 - Crown Cork 26% 213 Canadian General Investments Ltd. c 17% 1,425 14% Feb 17% July Canadian Ingersol Rand Co Ltd --v>.52r. 17 17 110 14% Feb 17 July Canadian Inter • 50 50 50 Mar 52 Jun 17% Jun 22 Jan Canadian Power 28 Jun 33 Jan Canadian Silk Apr 26% & Seal Co— . ' —— 25 Apr 45 31 Crown Zellerbach S 18% 19 500 Distillers Seagrams Dome Exploration a 28 28 28% 2,890 2.BO 13% 12% 13% 3,293 9.50 Jan 13% • 2B 28% 27% 28% 2,746 19% Jan 28% July Dominion Bridge Dominion Coal 6% pfd & Steel Foundries Donohue Dow 14 500 1,230 26% Mar 14% May y2 Jun Crown 33 96 May 97% Feb Jan 13% Feb 63 64 780 69 Jun 29% 11,455 19% Feb 30 July Fleet 55 Va 54% 55 Va 1,609 39% Jan 55 y2 Jun Ford 11 10% 11 Va 5,910 10% May 12% Jan 18 18% 375 18 21 Feb 8% 8% 8% 1,960 12 12% 30 19 • • • common — Jun 7% Match Electrolux Corp Jun London 625 11% July 13% Apr MacLaren 30 280 30 Jan 30'/« Jan McColl-Frontenac 19% 465 17 Feb 22 May Enamel & Estabrooks (TH) 4.16% 10 148 25 Va 25% 50 10% 10% 505 9% July 11% Feb 5% 150 5 Feb 5% Jun ul9 al9 50 a__ 17% 17% 10% * pfd Players Canadian Corp Famous Mar al9 1 Heating Prod class A 6 10 — 25 I 17% Ford Motor Co S a54V4 Foundation Co of Canada • 22 475 22 Jun Jan Jan 18 May Jun * Canadian 55% Apr 25% • 27% 27 28 1,021 27 Jun 33i% • 30% 30 Va 31 1,405 27% Jan 31% May 99 99 140 99 200 105 5%% preferred 100 General Bakeries General Dynamics General Motors General Ltd 105 105 5% 5% 150 53% 55 1,267 ; 53 44% 44% 45 450 — Steel Wares 5 July 5 55 * 1 Jan Jan Feb 108 May 5% July Jan 66 Apr 37% Mar 45 July a6% a6 % aG% 250 6% Jun 8 • 44% 44% 45% 610 38% Feb 47 Jan Minnesota Royal 950 22 Apr 30 y2 20% 23 6,068 11% Jan 23% May 21V4 19% 22% 4,163 11 Jan 23y2 May • • Mining 55 al3 5 11 3,180 10% July 30% 30% 30% 2,955 23 Pipe ; • common Lines Service g _ comZ_ "• Ltd "• 22% 94% 10 pfd (Robt) class "A" ~~~» B Montreal Locomotive Noranda Mines Z Gas Traders Finance Trans-Canada Z ZZ II" Z I Ltd Gas Z common Waterman Pen Co Ltd Jun Westeel Distillers of Jun 50% Feb Western 94 Apr 103 Alloys 22% Woodford 23% 1,162 16 Jan 25 Jun Class 94 96% 6,709 94 July 101% 103 820 90% Mar 55 52 55 910 42% Jan 66 % 69 47% 55% 55 % 57% 23 23 19 1,180 110% Jan 103 July Apr 57% Jan 70 Jan 62 May 21 Apr 24 Jan 19 100 18 Mar 19 Jan al2% al2% 50 9 Jan 13% Jun 18 July __ 19 2,660 _ 18 18 160 a9 a9 25 29% 8% May 32% 2,727 28 Mar 7 7% 6,335 6 Feb 82% 82% 225 83% 83 84 1,207 47% 47 % 47% 25 8 8 125 1.50 1.50 1.50 300 79 19 May 9% 35 Apr Jan 7% May 86 Feb 58% Jan 85 Jun 45 Jun 48 Jan 8 Mar 11 Jan 1.50 Feb 2.25 Jan 25 26% 1,205 22% Jan 26 % July 25 25% 26 195 23% Apr 26 July 17% 17% 2,035 15 Jan 18 37 May 38 680 35 Jun 40 May a22 210 20 Jan 22% 92 % 92 % 92 % 25 92 5 July 10% 10% 10% 200 10 Feb 25% 25% 25% 176 25 Mar 48% 48% 50 1,530 31 31 31% 380 30 Mar 38 133 132 Steel Woods Products 13% Apr 14 Jail 57 Jun 25 Jan 29 Apr 44 July;, 5,0 Feb 50 47 Jun 46 Mar 225 • - 44 July 25 41 Julv 64 % Mar 5.00 1.800 24 . 65 100 Jan 141 25 25 May 25 150 23 Feb 47 % 1 10% 43 43 45 • 1,075 75 74 Va 76% 1,130 55% % 51 1,651 50 10% 50% 50 78 10% . 2.905 Feb 10% May 39 95% Jun Jan 10% July 29 57% May Jan 26% Jun 13 Jan Feb 45% July Jan 84 Jun May 59 Jan Feb 25% % Feb 16% Jun 1.30 14 7,700 ,20 122 al9 200 a'._ - 78c J uly preferred Quebec ZZZZBo 78 7 Jun 86% 12% al2% 50 11 Apr 13% May 50 41 Jan 43 a Power J Roe (A V) (Canada) Ronald Paper class "A" Royal Bank of Canada Royalite Oil Co Ltd • ZZ 5% common preferred For footnotes ... see page a 42 a 42 78 Feb 31 32 535 27% Jan 32 23 23 23% 1.655 16y2 Fib 25 % 1 18 18 105 72% 72V4 73% 4,274 64 • 20% 20 Va 21 1,389 16 — ZZZZZZ* ZZJZZ* al5% 15% 15 Z.—lOO 91 91 44. al5% al6% 15% 92 17% 180 13 6,932 15 110 91 80c - 200 41 1.255 9 200 106 109%. 1.000 104% Jan 144% May. 1/225 63% Jan 35 Va July Ltd 106 • Co 80 80% * : July 200 . Tan 65c 1.75 1.40 Mav 36% Apr .81% 8 11 100 July 11 11 a4.00 a4.00 4 5% Jun 4.00 4.20 400 3.10 Jan 6 6 1.450 18 Ltd—* Canada 4.00 July ' * (L E)~ , Apr. 42% Jim 12 Jan 11 July Ltd Co July 173b Mar 10% Jun Jan 18% July ISV2 150 27 27 600 25 * Ltd 50c 50c 130 50c Mar 50c Mar 10c alOc 65 10c Mar 10c Mar a42 a42 41 Mav 47 Feb 70c Apr a Manufacturing 6 5% 4.35 July 5 * Breweries Royalty Corp Ltd class A a „. * . 220 Jan July 27 Mining and Oil Stocks— Alscope Exploration Ltd Alta Ltd Mines Ameranlum Anacon ..1 Mines Aull Ltd Metal July 11c Feb 8c July 17c Feb 1.11 1.30 4,000 1.11 July ^.1 Ltd 14c * Bailey Selburn Oil & Gas Ltd A Baker Talc Ltd Band-Ore Bandowan Barvallee Mines __1 ... Mines Mines Bateman Belcher —. Gold 1 Ltd 1 I Ltd.. : a. Ltd 1 17c 1.500 30c Jan 6c 2,050 5c July 10c Jan 14c 1,500 8>2c Jan 17c Jun 10c Jun £0c May 16c Jun 10c 10c 500 16% 17% 1.25 ' 17% 4,42'j 15,% July .1.25 3,100 801 5c 7,000 1.20 4c '••'"5c 1,000 13c May 35c 12c 17.000 10c July j2c 39c 10,600 33c Jun 2.75 100 70c 75c 51.800 2.24 Apr 1 50 Jan Jan Jan 3.00 May 76c 40c Jan 6.5Q0 13c Apr 23c 3Qc 32c 10,700 24c Feb 48c Jun 3c 4 %c 23.000 3c July 18c Mar -2Qc 5.000 16c July 38c May 4,500 50c 72c 1 1 1 :32c * 3 %c Rare Jan ••:17c Mining Corp Ltd Bonnyville & 14c -an 2.75 1 Belle-Chibougamau Mines Ltd Oil Apr Julv 30c ' Ltd Jan 1.75 4c 10c 10c 1 Corp £0% 35c 1 • Mining Bellechasse Boreal :' 30c 1 Bay Mining 2.00 Jan 5c ■» Co Ltd Jun 35c 4,500 12c 1 ; Mines 7c 6,500 1.12 1 Mines Sulphur & Iron 1,000 10c 9C 20c x Atlas 8%c 8c 16c 1 Anthonian Mining Corp 52c 8%c 1 a....: Lead Mines Ltd Arno 45 %c 50c .' Ltd Refining Corp Metals Ltd voting trust Bornite Copper Corp Bouzan Mines Ltd 15c 1G%c : 51c 1 1 ... Brunswick Min & Smelting Corp Ltd—1 ,58c -6.50 6.50 50c 55c 341 k 35 400 Jun 1.50 Jan July 11% Anr Jun 1.30 Feb 24 4,000 * Jan 50c 100 I July Feb 35% July Jun 11 %c Mar 6.50 ' Burnt Hill Tungsten Mines Ltd— Calgary & Edmonton Corp Ltd Calumet Uranium Mines Ltd Admiral Canadian Atlantic Canadian Oils Oil 1 6c 6c 9.00 9.70 1.250 9 July 54c Ltd 58c 5.500 45c Feb 60c Jan 9.30 9.55 3.100 Feb 10 Vk Jun 2 Collieries (Dunsmuir) Devonian Petroleums Common 6c 9.00 Ltd Co ; 1 Campbell Chibougamau Mines Ltd Canadian Canadian 9':50 500 6c 5.90 Canalask Nickel 3 5% 5% 300 Ltd. _» 8.45 8.35 8.50 4,800 6.50 Feb 2.67 2.65 2.67 1,700 2.10 May Mines Ltd. - Apr May 23 Jun Mar 16% Jun Mines Ltd Car tier-Malar tic Gold July July 18% Jan Central-Del 97 % Jan Central Capital Lithium Mines Ltd— Oils Manitoba 18c 1 Mines 1 » Ltd Mines Ltd Ltd 1 40c'. . - 3.55 - 5% Mar 7V4 10 2.74 Jan Mav July 30c 10,900 24c July 45c Jan 48c 28.700 39c Mar 32c May 3.65 20,200 3.00 Jan 5.65 Apr I 5c 13% — 18c 22 c 10.500 18c July )5c Jan 30c ' • Carnegie Rio 42c 3.55 1 19 24c 25C 1 .1 77 Jan Ltd:— ; Jun Feb 13% ' ' : Mar Jan V;/. a.— 85c 40% , * B Mar May Feb Jim May 186 9 1 31% in Z common St Lawrence Cement class A St Lawrence Corp Z • ZZ-ZZZ* 42 Jun 1.60 85c .' 1.1.60 )c 5% 5% May Julv 4 T-X 90c "all) 1.60 72% July 18% 575 1. ] AH,- •15% . Jun May 75 26 85c Apr 150 56 25 ,10 Ltd Canada May 133 • al2% 15% Mar Jun a21 % • 70 .inn Jun 47 % 100 Jan 14 71 41/ ' Canada 49 3k 400 '•: 54 "f" 5 -■ Feb 21)0 •r al5 44 Jun 283* 122 Va 123'ij 19/ 7 V2 M ai- 15% Mar a40 85c ; a 95 lS 75 68% " a 15 May F.'dj ' Vanadium Jun 11 29 Feb Feb 83 12% May Z4.50 122% Walnwright Producers & Refiners Ltd.l 43 Jun „ clfssTA..., of Canada Ltd Jun United Feb ' Apr 9, '* 85 c Line 95 7 ... 23% * Pipe 32 y4 17% • common Oil Apr a2l % "~~100 Transport Mountain 84 • Canada__Z__Z__Z Co Trans Apr 71 4.75 " Corp Fund.. 76% 4 '• 1G % ' : Corn Feb al5 ,44 6 common Feb 7% Jan a40 • Preferred -8% 8 Jari 54 '71 115% May 4.50 6% 26 5 Petroleum Ltd Bros : 'Z'-4'4" '44% od p^ci Apr Jan 1.00 4.00 May 10% 50 tiW 98% - 50 •:: " 1 Southern Canada Pow 31% Mar 225 ' 29 1st pfd. 50 ; Jun ZZ* Z Z preferred Provincls.1 Maurice Jan Feb Mar 131 54 10 corn..-;* Ltd May • _ *11 common common & St (Canada* July 25 16 !i"- " Z 'pfcU__ .25 Jan -275 /• 82 .13% -13%: 2nd Apr 75c 50X a8%" :••' 677k Ltd. 12'/2 100 Z common Placer Development Powell River Company Power Corp of 4% partic Mills July al3 " a13 ' ; cum 33 16 5 Co., Mar 28 /'■ 50 1 a86 a 86 aS Va __ Ltd Ltd G% 13 • I Page-Hersey Tubes Price Bros """• ZZZs Z • Ltd Ogilvle Flour Mills Penmans Reitmans 50 10 " _.__r_._____50 60 • ZZ common 4%% preferred National Drug & Chemical National Steel Car Corp Mar "Z'Z .:'• * -82 Jan Jan 39% 21 1,350 1 Jan 10 Jun 47% >1,095 •,t >9- .Tun 7% 4.00 23 -11,900 a7% 9 ■ * Pow Co Ltd ... cum Steel 50 __ • "a Trust Jun 100 Quebec Telephone Corp common.. 830 * "B" & Co Premier 43 — ~ "loo Z_ZZZ_50 McColl Frontenac Oil Breweries Ltd class 13 u7% /•9 Co Pipe Lines Ltd pfd non 10% 7% Montreal Power Corp of Can 6% 84% 29% common Preferred Mersey Paper 5%% 50% Mar 66% ~ • Jqa Massey-Harris-Ferguson Morgan Power 84% » —ZZZZ.~ZZ~~ Ltd 6,435 Mills & 43 ZlOO ZZZ_10 MacMillan & Bloedel Export class B™" Class Apr 56% — Class Jan 55 Preferred Molson 41 86% al3 10 I Limited (John) Laurentlde Acceptance class A Mitchell Jun Jun 10% —- 1 cl A_-» 4.00 May Jun AV'V 105 102 Ltd.... ' -- Labatt Bros 2,400 30 63 y2 10% • com. International Paper common 7 50 International Petroleum Co Ltd" '* International Utilities Corp common. B Lewis 735 • preferred $4.50 preferred Cement nfd Int Nickel of Canada Inland Public 67% § A Indust Accept Corp common Warrants Interprovlncial 31% 66 % • class .nvoo.uient Imperial Tobacco of Canada Jamaica 30 Va 29 a4.00 & Pow Co Ltd com.13,50 preierred Mar 32% 215 r 98C ._„..10 Union Imperial Oil Ltd $2 25 —— 66% ■28 Corp-.l * com... Co. Quebec §7 86% May 5% Mar 25 55 22 94c /-r."--:" pfd 4^, Nor 1st £9% May Feb 5 50 "• 55 * Ltd Paper Oil Newfoundland Light Toolre 30% 21% • Bay 33 29 * (Can) & Rice • 3.25 Mar 3,774 95c A____—..* Investment Canada Supertest 30 a Howard Smith Paper common 35 22 ' Mount July • Home Oil class A Hudson 55 -a" • Ltd Ontario & , Jan 2.00 200 33 - Paper Corp Ltd common Moore May Gypsum Lime & Alabas Class B 6% 33*34" Jan 103 * common Great Lakes Paper Co Ltd 56 50 4 preferred Pembina 100 Pow-er Mexican Light Apr Gatineau Power common preferred 128 a7 % ... class Melchers Distilleries Ltd Mussens Jan 52 21 27% a 15% 185 1,920 a53 a55% 21% 24% July Eraser Cos Ltd common—— 5% B__. . Can International Paints 9% 10 __ „• Eddy 3.30 a7 ■'f"'6Ve • Ltd......... Apr 5% * Power. 86% Mav 3.30 Corp of Mar 20 ! Foreign Power Sec Corp 6% East Kootenay class L) Co 24 £2% Mav 8G% a7 Dominion Oilcloth & Linoleum Co Ltd.* Mfg Jan Apr 44. 1 Ltd Inv Engineering Works Ltd Motor ' Mar 21% 28 .. . '.*■* 27% Feb ♦ 18 10 86% Corp cl A.. Advert Zellerbach 13 Apr a3.00' a3,00 ... Paper Paper Corp Ltd (R Dominion 51 Co_i & Products Gen Jan -10% Mar Feb 65. 52 33 50 12 Canada Sec Ltd 97 64 23'/a common Ltd Brewery Du Pont of Crain 27% Ltd Bros Jan • common preferred Dominion Textile 9 • Chemical & Feb • Ltd Stores 7 • common Dominion Steel & Coal Dominion Tar 110 Neon 32 — 100 Dominion Glass Red 14 8% Claude Consolidated '10% -•/ Mar 8 9% . a29% a29% 100 Marconi ' Apr 12 High . 1.50 May 39% Jan July Trust— 'Inv pfd cum 97 — 32% • com Preferred Dominion 8% • Dominion Corsets Dominion — 5r'o -., , 35" 245 20 26% 16% • —• B 32 . 22 ,"'20 .. v Canadian Class 3,213 alO. al2' • Consumers Glass Corfoys class A 355 ^ , 65c 32V 113,225 : :V. Dredge & Dock Co Ltdi. Low • 8%,^ "* 8 ■V8%'' Range Since Jan.1 Shares 32'%- ;.32% 32%.: Anglo-Nfld Development Co Ltd— ——5 1 * Beldlng-Corticelll Ltd coin— To preferred 1—_ .100 for Week High,,J. 80c * 65c. 80c Timber— Anglo-Can Pulp & Paper Mills Ltd. w ' / Sales , of Prices Sale Prie* Par Z ,«,£. Funds Canadian 21% July 15 % Mar / 100 , I common Jan a3.50 —— 20 Canadian Husky preferred Zellers Feb 7% • • preferred 4%7e .30% May 14% Jan al4 15 Va 25 Converters Canadian 30 al4 • & Cellulose Chem ' —— • A common $1.75 Series Canadian ' • Canadian Bronze common Canadian ' Aluminium British Canadian ' 30c 1,500 25c July 54c Jan 9c 10c 1.500 9c Jun 19c Jan 5c 5c 1,500 4c Jun 7%c Jan 12% 14% 53.182 Apr 14% July 7c -}c 2,500 8.80 5c May 15c Mar Number 5657 Volume 186 The Commercial and Financial Chronicle ... (353) 41 ■ »n CANADIAN MARKETS JULY 19 RANGE FOR WEEK ENDED Friday STOCKS Week's Range for Week of Prices Shares Last Sale Price Par Chesfr'.vk Mines Ltd Low 1 - Chibougamau Jacuiei Sales Led..: High Low 11c 11c 1.000 2.0 o 75c . Friday STOCKS 2.15 2,250 15c 12,500 12c 36,400 16c 10c Chipman Lake Mines Ltd 12C ,__1 ; * Cleveland Copper Corp Central Consolidated Consol __1 ; Mines Cadillac 18 Vi- 1 Mining Exploration Ltd 1 18'/*, llc 2.70 Basin "1.30 Mining Co : 27 Trans 4.20 Jan Jan Jun Trebor Trojan Consol United Asbestos MafV 27c Dome East Mines Oils 1 * Jan 3.800 3.05 July 5.10 Jan Weedon 1,500 6c Jan 9.%.c • 6c 9%c 500 9c May 14 Vac Feb 12c Mar Sol ,Gold 2,429 2.25 9%c Jun 15c' Jun 7%c July . 109,000 uc 16 VaC Apr 1,000 1.82 Jan 2.78 Mines Ltd— .. Mines Ltd Pyrite & Copper Corp Ltd • Wendell Mineral 12 (a 1.000 12 % May 14 V. 3.05 4,600 2.80 July 5.20 45c 50C 5,500 2.80 2.80 100 25c 25c 1,500 10 c .12c 13,500 Petroleum Mines 65c Metal Ltd Mines .1 25c . 1 Mines __ 18c ; 18c « Ltd 18c 35c Jun 10c •*. 350 .1 15c 16c July 2.20 2.55 82c 80c Fundy Bay Futurity Feb 29Vac 25c Fob 3.15 May 72c 400 82c July 6c 8,105 July Mav 14c Jan 2.50 Feb 3.10 Apr 23c Jan 16c 3,000 13c Jun 1.34 189.050 55c May 1.35 July 1.14 13,500 Apr 1.30 Mar 14c 14,100 1.03 * of 13c 13c 11c Jan Mar 30c Canada Ltd Giant 1 ——- Yellowknife Golden Gold Grandines Gui-Por Uranium Gunnar ._x— __ 100 500 34c 10,500 22c 4,000 11c 11c ll'ac 7c 7c —1 5.10 Mar 4.25 ' 30c _* Mines & Metals Ltd 1 Mines- Ltd 5.40 4.25 34c * : Ltd Mines 5.40 Ltd—1 Mines Age Mines Ltd—; 7c 18 Vo Com Ltd 1 4.25 5 1 33 Inspiration Mining & Dev Co Ltd 1 International 1 Iso Cons Ceramic Uranium Mines Jardun Mines 5.60 Apr rreierred Acadia Joliet-Quebec Gold Kontiki Zinc Lead Mines Class A Preferred Acme Advocate Mines Jan 100 18 Vo July July 2lVa Mar 2,300 8c Alba 18c 16,550 13c Yellowknife Apr 24.000 11c Jun 23c Jan 65c 1.500 65c 45,000 24c July July 80c 26c May July 30c 16c Jan 84c Jun 3 Vac July 13c Jan 40c 40c 2,000 40c 60c Mar 14)4 14)4 100 11c 1,000 1-lc 23 23 July 6 Va C 7c 18c 22c 12c 1.08/. 1.12 305 37c 10,429 31c 37c 1.10 1.10 1.24 May 25 Mar Jan 23c Jan 115 55c 35c 2.08 1.70 53,700 1.20 Mar 1.92 35c 2,000 30c Feb 15 1.53 1.10 July 35c • 21,900 15% '1,775 15 17c — 17c 1.500 1.45- - — Ltd.— Molybdenite Cory of Canada Ltd—— Monpre Mining Co Ltd 1,42 38c July J an Jan Jun Apr July 20 Va Jan 17c July 65c Jan ... 500 98c Apr 1.75 May 41c- 45c 3.000 24c Jun 1.08 1.67* - 1.90 —-- Mines Ltd Formaaue 1.90 18.600 Jun 2.65 Mar 1.42 i 1.62 Apr Jack —1 —, New Pacific New Ltd Mines 18c 19c 7,500 18c July 62c Jan a25 a25 59 31c Apr 35c Jun lie 18c —.———1 Mines Ltd—1 Lake Uranium Coal & Oils Ltd 12c 5,800 11c July 49c July 12c _* Mines Ltd Santiago * - North American Raue Northspan Uranium Obalski 1.40 Jan 2.00 7c July 14c Jan 5,000 8c Jun 18c July 6c May 6)aC 15c 7 Vac 6 Vac 500 15c 2,000 7%c 2,000 7VaC Feb 43c 1.000 42c 'f 43c 7 lac ——~1 ll%c 12c Jan Apr 56c July July 1.50 1.50 1.60 10.250 1.25 Jan 1.80 Mar 1 5.90 5.35 6.40 6,100 5.55 July 9.00 Mar Mines Ltd 10c 11 11*% 5,425 9.50 Feb 14% 50c 44c 50c 48.000 I Paudash Lake Pennbee Mining Corp Gas Permo Phillips Mines July Jan 4 'fo 4 Va % American Prime Island Gas Oil Arnurex Ltd— 6,500 18c July 20c July Ltd—- 7%c 1 .*. 1.65 9,700 7VaC 7 Vac 14,400 14.000 5 Vac 6c —1 Mines Ltd 1.57 1.65 7c 23c 25c 4.00 Aubelle Gold Aunor Avillabona of Quebec Oil Development Ltd Mines Sharbot Lake Mines Sherritt-Gordon Ltd Mines Baska July 17c Jan Bala July 75c Feb Bathurst 4.00 Jan July Standard Mines Jun 10c Jun 26c Mar 9c 9c 14.200 6c Jan 20c Mar 38c 14.000 35c Jun 2.28 1.25 Class A Jan 6c 19c Jan 50c July 99c May 85,600 75c July 95c 95c 5.50 200 1 6c 6c 2,000 31c 35c 600 30c 13c 13c 3,100 13c * 5.00 July 8.00 Jan Bethlehem 9c Jan Bevcon Apr 42c Jan Bibis Apr 22c Jan R%c Mav 2.50 2.55 6.800 4.00 Jan Black 21c 24c 28,500 21c July 57c Jan Bonville 10c 10c 5,000 9c Jun 30c Jan 52c 58c 107,800 10c Jan G5c Jun Tazin Mines Ltd _• 58c . Jun May Bay & HART Bouscadillac MONTREAL STOCK STOCK EXCHANGE Branch: 1203 Branch 65 West 44th St., footnotps \ see page 44. pfd— Paper Gold — —— Mines 2.90 600 15c 17 VaC 7,000 13)4 13% Jan 6.25 Apr May Jan 2.00 2.70 Jun 3.25 May 49 % 40 HVa 11 Va 285 50c 51c 12c 830 49 Vt 1,800 65c 65c 70c • 6c 6c 7c 1.48 65c 1.20 19 7 a 18 Va 20 45% 42 10 VaC 32,375 99 46 V4 12c 99 Va Feb July ' 70e July July - **%14c Jan 1.48 63c July July 20 230 10 Va 12 1,663 25% 6,601 24 9 VaC 10c 1,600 ,60c 49c 15 V4 29% Feb July Apr Jan 14c Jan 9c Apr 11V4 May 118% May Jan 7 24 Va 10c % July 19c July 9 % July 90 July 46 Apr 10c Jan 1.90 Jun 15 Va Mar 41 2.20 Jan 82c Jan 37 315 97 94c - - 51,000 9% Jan Jan 6c 315 10c 9% 25c Feb 13 V 65c < 7,836 1.60 51% Jan 49c 25,100 63c. May 16% 11% Jun 8,800 1.10 28c July 49 1,513* 1.50 Jan July 13 *-61,267 1.12 Jan - 60c 220,800 9c 8C 10c 36,300 8c July 17c Feb 20c 20c 20c 7,000 20c May 39c Jan 9 VaC 11c 8,700 9 VaC July 21c Jan 1.85 1.90 905 1.60 Mar 8c 9c 12,500 17% V 20%c 1.16 Mar Mar 2.01 Jan 12%c Jan Jun 6c 1 1 15% 17% 16,645 15% July 20% Jan 34% 33 34^4 1,161 2.90 3.25 36,115 30% July 2.40 Feb 41 3.05 28c 28c 31c 7,830 9 Vac 9 VaC 9 VaC 6,000 47 Va 3.30 Jan Jan 23VaC Feb 42c May Feb 12 %c Mar 9c 47 47 Va 4,150 3.40 3.50 26,465 57 56 57 1,755 55 Va 27c 27c 29 Vac , 54% May 46 Jan 3.65 May 3.10 May Feb 60 Jun Jan 7,300 25c Jun 45c 42c 43c 2,240 40c May 84c 65c 65c 69c 9,800 65c Jun 75c Jan 76c 72c 80c 179,255 60c July 92c May 31c 30c 33c 28,050 21c July 47c Mar 10 Vac 9 VaC 10 Vac 27,500 8c Mar 12Vac * 1 52 5% 52 52Va 210 75c 80c 17,998 5 V2 6 660 Apr 1.89 Jun 5Va Jun 60 51 Va July 75c Jan Jan 7 Va May Feb 1.75 Jan 40c Jan 1.03 I,500 90c Jun 20c 24c 15,000 17c July 19 Va 19 Va 350 14 Va Apr 19% May 17% 24c 17% 100 16 % May 17% July 92c 56,880 2.73 2.70 2.85 40% 40 Va 40% 25,306 87c 92c 479,173 1.80 1.60 1.80 16,750 15 %C 15 Vac 16c 31,071 7VaC 8Vac 10,200 1.75 1.85 9,177 1.10 1,550 20c 22c 6,600 Apr 3.15 May July 1.58 1.80 & Bright (T G) 76c 90c 7c 7 Vac 5,700 13c 10c 14c 76,900 46% May Phillips Square 2-4545 90c Feb Feb 19 %c July Mar May Jun 46% 47 170 5 Va 5 V4 630 7c 6,000 4.10. 4,200 class A * 1,800 common— 49 Jun 4.85 Mar 6c 3.75 70c Jun Feb Mar Jan 10 Jan 7% Jan 10 July 275 7.00 7.50 17% 150 43c 28,600 2.97 23.040 57 II,792 80 80 40 40 40 125 ... July 15)4 8,338 56 : 1.10 100 9% 56 — Apr Jan 5.45 Mar 1.01 4.10 Jan 15% 40c Jan July 2.60 Mar 40 10 47% Jun May 3.60 Jun Feb 57% Jun Jun 84 Feb 40 Jun 46% Jun 39% Jun 44 Jun 95% Mar Jun 50 42 42 90 65 88 47% 255 46 47% 19 90c 77 90 42 8.00 May 43 % Columbia Electric— preferred 4 V2 r'r preferred 4% r'n preferred 5r' preferred Mar 15 Va 17 Va 7.00 —* 100 50 50 100 50' 5% 10c 9% 2.80 Oil 1.55 Jan 45 Va May 42% 98c .9 Va 2.85 preferred 18 %c Jan 40 Va May 15 Va * common Jan 14c Jun 7c 1.12 Jan 15c 10c 3.95 Jan 1.60 Mar 70c Jun 48c 7c Feb Jan 2.65 July 80 3.95 Feb 7c 1,000 46 Va 2.75 32c 12c 65c 104,300 50 50 1 1 V 4 8Vac Feb 10c 1 * 4 V4 r'r- P. Q. 1.75 58c 40c Amer Jun Jan 44% 43c 4'c 5Vac 44 1 British 1.50 I5V2C July 10c Ltd British 1.14 May Jun 50c Britalta Petroleum Office: 86c 10c warrants Tank 3,700 7Gc 1 Petroleums Brilund Mines 40 56c * Traction Bridge West, Montreal New York City, MUrray Hill 5'r- Brantford Cordage QUEBEC-TROIS-RIVIERES-SHERBROOKE-CHICOUTIMI-ST. JOHN'S, For 2.75 1.98 1.10 July —1 r— Ltd— Corp Brazilian Telephone PL-9501 Local 12,313 2.75 4.80 300 1.31 -1 Gold preferred Bralsaman EXCHANGE STOCK St. 3,375 5.60 1 Bralorne Mines EXCHANGE TORONTO Dame 1.40 1 Mines Mines Boymar ' CANADIAN Uranium Gold Bowater Notre 1.30 1.10 1 • Ltd Mines 5 Va % 230 30c Warrants Bidcop Bowater MEMBERS: 81,538 5.60 1 1 Mines Uranium Bicroft Bouzan SAVARD 35c r Bordulac Mines 1.54 23 2.35 July " . 30c 1.00 Jan 10c 34c 1 Feb 22c Jan 15C 50c Mines 64c 2.50 70c 6,600 90c Mines Yukon 17% 1 Feb July 1.26 May 550 17c 1.20 1 -—25 Copper Corp 5,850 1 Jan 29c 45% July 87c 5.00 —1 jun 48% Jan 45 ———* Mining Corp Telephone Rights 4.460 .v__, 46% 15 Vac • * * common Bell 22,500 Co Belcher 65,200 July July 77c 7c 55c 1.54 ; 45% July 19% July 43 Va Jun * Paper class A — 20% Ltd 28 50 V. * Uranium-. 20 Mines 1934 17 May 40% July Jun * & Lumber Beaver 1.43 Mines Ltd 19% 92c Beaver Lodge 1.54 Cons 19% Jan Jan 20% Mines 41V. 1 • Ltd Beattie-Duquesne Beatty Bros 1 Tarbell Jan 36% July 9,883 2,375 10 Mines Power —.1 Tacne Lake 8 3,194 49% 10 Petroleums Ltd_ Ltd— Sullivan Jan 1 1 Mining Gas <fc * Jun 92 25V. May 95% Apr 38% 1 Steep Rock Iron Mines Ltd Oil 105 56c Jan —1 Ltd , 93 % Feb 18 y« 11% Ltd. Mines Uranium 6c 1 : Ltd 92 Va 1.70 Jan 35c 8c Scotia Mines Stanwell Gold (1944) 63c * Soma-Duvernay Gold Mines Ltd Staaacona 200 95c 3,805 3.50 Metals 55c 1 18,383 20 1.35 July 200 55c Jan 1.85 Exploration Base 1 Ltd 1.40 49c 19V4 1.85 1.40 May 50o Cons Barymin Jan 3,800 6c 2,625 11 Mines Mines Apr 11c 1 10,950 1.55 8% July July Apr 9V2c Mines 15c 1.10 36c • : - Rexspar Uran & Met Min Co Ltd, Jan Jan 6% 37 Mines. Nova Barvue 35c —1 Quebec Smelting Refining Ltd fled Crest Gold Mines 9c 20c 6.00 47% — of Barnat Apr a59c ./ 1 - Feb 11c 1.40 54c 1 Montreal Rights Bank Jun 1.01 Feb 10c 10c 1 Mines Oils 23c 4,900 44c 1.50 1 Mines River Aumaque Gold Jan 10c " 11c May Feb 17 Vac ' 1 Mines Mines July 3.90 1.01 — 3,100 26c 11 Va Atlln-Ruffner Aumacho 45c a59c 1.01 93c 30c * Yellowknife — Quebec Chibougamau Gold Fields Ltd_l Quebec Copper Corp Co Ltd —1 Quebec Labiador Development Co Ltd_l Jan r- Steels 1.85 1.98 61c 27c Warrants Atlas 5 Vac 46,200 — - Atlas 7c 2,613 3.50 23c 3.90 • 6,000 1 Debentures Jan 1.40 540 80c • 50 Productions Artists Associated 27c Jon ' 1 Ltd-. 2.40 2,800 8V4 1 — Gold Mines Arjon Bank 1.400 6.80 75c —— — Mines Apr 13,500 6.25 13% July 10% Mar —1 Warrants Jun 27c 13% July Feb 1 Nickel '. Arcadia Area July 29c Feb 7.25 * —»—• Consolidated Resources-^-, 34c 3.50 , Mines 22c -6.00 6,100 1 Mines Ansil Apex 5.15 20c 55,930 lc Huronian Anglo Rouyn Mines 37 3.40 Feb 18c 13% 20c Anglo Jun 24c 23c Jan 13% Anglo Amer Explor -4.75 Anglo Canadian Pulp & Paper pfd—50 Jun 3.50 Apr 21 12% Develop Petroleums Anchor Feb 1 —1 Feb 16c — Petroleums Analogue Controls Bank field 2 95 Jun 12% 1 Mines Lead Mines Anacon May 3.80 Jun 10C 17 %C 80c American Nepheline 80c 1 pfd ■ <Chib) Producers 200 83 5,575 2,800 1.31 Larder Leduc 16 Va 19,500 150 11c 50 preferred 14c 8.596 30c 3.85 125 90 11c —25 preferred Feb Ltd 4%% Mining Co-, Porcupine Portage 37 27c 3.80 28c II: Apr 17% May Aluminum Co— 11c !— Ltd Oil Oil Co Ltd.. Pitt Gold Provo Uran & 34% 3 4 •') « Feb 9V4 July 7 37% Bankeno Mines 11% Partridge Canadian Explorations Ltd.l Pato Cons Dredging Gold Ltd——-1 18 Va Jan 24 22% Mar 47% Apr July Pacific Petroleums Ltd—. 18 Va High 35% Feb 30 • com Balley Selburn Oil & Gas class A 5% preferred —— 27c i—1 Low 755 • common.—, new Banff 4,600 Ltd Range Since Jan. 1 •> 9Y* U new Ltd Jan 10,500 30c ■ Mines High 9 -100 Jan 3,305 2.58 27c 2.30 Shares * Steel Aluminium for Week 200 Warrants Algoma Sales Range 1.40 debentures 5 '/c Week's of Prices 19 V* Jan 14c 2.50 30c Opemisce Explorers Ltd— Orchan Uranium Jun 12% • Oils 2.90 10-" 2.55 . Jan 24VaC 3,863 — Cons 33c 12c 90c —. 27c May 90 * 54c —1 —,—i—1 Opemiska Copper Mines ( Quebec) Ltd-1 Ltd Jan 25c 11 Vac Jun —1 Metals— Ltd <1945) Oils Okalta Feb 12,500 13c ~ —j——i—1 Mining Ltd. Norsyncomaque 200 '7 VaC . Ltd ' 7c • Spring Coulee Oil & Minerals Ltd * New Vinray Mines Ltd—. —1 New West Amulet Mines Ltd——1—1 Mines 1.72 1.721 11 VaC 7c —.—50c New Nocana Jun 18c Funds 22% ' Uranium Corp common $2 % preferred ' Katricana New Apr 12c . 1,000 31% 1 Argus New 1.90 Jan Jun Jun 23c Jun 23c July 73 Jan 13 Vac 14 VaC Mar 10c Jan 23c Feb 6c 6.000 17 Mar 18)4 131.000 10c Mines Ltd Co Ltd—— lie 6,000 22c Jun 14 200 6)aC Mines New 28.000 ,. 31 1 Gold Ltd trust Pacific Alberta Algom 65c July Jan 14,000 . Montgaxy Explorations Ltd 2.98 18% _50c Explorations Jun 52,100 1414 Ltd Jan * common Alberta Distillers common 21c Feb 49c Ltd Canada 100 22% —1 Shoe Surpass 35% May 23)4 3Vac Mid-Chibougamau Mines LtdMill City Petroleums Ltd Mining Corp of 2.55 91c 54c 7% Ltd 13c 7c 43c Mercedes Exploration Mogador Jan 9 -III ; Akaitcho 3 Vac .. Ltd—— IDS 47c 13 Gil & Gas Jan 24c Louvicourt Goldfield Corp— Mining Mar 31 • Mining Voting trust 28c 16c 18%c — Island 40,725 22% 1 j. Aconlc Jun 65c' 24c Exploration Co— Lingside Copper Mining Co Ltd Long Island Petroleums Ltd Merrill Feb 1.03 15c 100 _— Acadia-Uranium Mines Agnew 2,025 Labrador Mining & Mclntyre-Porcupine 8e 24c • Ajax Petroleums 9c 13c" 15c Ltd Mines 4 Vac July Low « Amalgamated Kerr-Addison 3,000 12c Friday "25 Atlantic Sugar common Feb 1 voting trust Mines Ltd Jan Vac 4 24c • — Jan 4.80 —1 Ltd Jan 2,500 — Par 45c July 33 325/.i 1 Mining Ltd Jun 12Va 13c Last Abitibi Power & Paper common May 500 18).. 8c 8c Gold Mines Ltd Hudson-Rand Gold Mines Ltd Indian Lake Mines Ltd I ! Copper Hollmger Jan 2.35 2.55 Sale Price Voting Haitian 22c 44 99c 1.03 Caaadlan Feb May 1.75 • A 32c 4.40 May Jan July July 7% July 32c July 4 %c Jan 14c .1 Petroleums Class 32c STOCKS Jan 42% 1.05 1.30 .1 General 100 1.80 11c 33% Mar 24)aC Mar 1.10 • Ltd: 6c 2.55 2.50 1 Copper Mines. Oils 6c 6c * ; - 7.50 __ Jan ' 14c 642.000 .1 Ltd 12,000 7.50 7.00 May Toronto Stock Exchange 4.05 Mar 32)4 July 9,400 72c 15c 7,500 2.55 82c Frobisher 65c 1 Jan 65c 2.70 July 25c" July 3,000 32:,4 32% .1 Faraday Uranium Mines Ltd. 50c 7.50 , Fab 1,300 1 Wiltsey-Coghlan Mines Ltd Jan July 2,000 42% 1 Ltd__ Ltd 33c 74c 5.50 Mar 56,450 12c 42 * Jan 48c Decalta Westville July July 37c Jun 2.80 1 Falconbridge Nickel 3.90 11c 1 Westburne Oil Co Ltd 15 Vac May " 1 Products Ltd- 70c Apr 12^ 2.80 .1 Lto_ 3.45 • Amulet Western 1 .1 ». Mining &• Stneltihg Corp Ltd. .1 Eastern 14c 9c 101 2.25 * Eastern Asbestos. Co F1 14c" . lie Virginia Mining Corp 5.25 * Ltd 3.80 Jan Ltd Apr 400 • Mines 18c 77,937 1 Ltd Jan 3.35 May 2.20 Mar 2,000 74 3.05 July (>C - Mines 17c 6.20 Ventures Ltd Waite ^25c Ltd— Sullivan 15 VaC 50 Valor 2.30 May 700 6.20 United 1.07 30c 68 Jan 500 30c — High 60c Jun 20c 300 6.20 Jan 7,500 5,500 2.90 1 Ltd Apr Oils LOW 20c 20 %c _1 Corp 22c Lithium Range Since Jan. 1 High 50c Ltd 17c 1.30 —1 : Ltd—.— Ltd Shares 2.80 '* Ltd—_———U Mining Corp— Ltd-.; ,— — 25% 2.70 __-1 Corp Devon-Palmer 20c 2.80 Jan 3.05 r 3.io 1 1 Jan . Dame Mines for Week Low 1.25 13 10VaC July " 2.50 Ltd Empire Oils Ltd Rights 10c 3,850 21,500 '■ Dablon Exploration 1.18 Mar July 10c 6,500 • 12c Feb 40c 1.03 23.500 19)4 lGVbe Ltd Mines 506 17c 10C T0%e .1 copper- Hand ciiio Mines Ltd. Cortex Explorations Ltd—. Courno? l(ic Jan 46c - : Sudbury Continental 22c 1.02 r *1.03 ■ Mines Ltd—-1 Denisun Mines Ltd Quebec Yellowknife Mines Consol - _1 Ltd- - 18c Williams Gold. Mines Ltd—1 yooncaeur Consolidated .Bi-Ore Consol 19%c May July July Tib Sales Range Par High Feb 2.00 ' Week's of Prices Last Sale Price Range Since Jan. i Va Feb Mar 42 Commercial and Financial Chronicle... The (354) Monday, July 22, 1957 CANADIAN MARKETS RANGE Friday Week's Range of Prices Par Low British Columbia Forest Products.. British Columbia Packers class A Class B 14 14 Sale Price Range Since Jan. 1 Low 12 13% High 1.G55 10% May 13s/s Jan 3.835 13% July 17 Apr 14 % 4.175 13% Jan 17% 51 % 51% 2,629 Feb 53 Jun 42 % 43 130 74c 12,215 6% 200 Consolidated Columbia Power British Columbia Telephone Co Broulan Reef Mines— Bruck Mills class A 51% ____—— Class .25 -1 74c .... 2.15 Brunhurst Mines Brunsman Mines Brunswick Mining & Smelting.— 9c Buffalo 6.70 9%c Ankerite Buffalo Red 90c . Canadian Gold- Lake 7%c Bullochs Ltd class B-—, Bunker Hill Ext—1 Lake — 41% July 70c July 6 July 10c 6,250 2,035 8c 10 %c 90c 10.100 8c 3.00 Jan 19c Jan 13c 14.000 6%c 7%c 5,100 36% 12c 205 Jan 15c Jan 12% July C7c Jan 8 7%c July 6% July 37,050 1.07 Apr 1.07 Jan 2.00 May 8c Jan 21.750 9c 6.70 47% Apr 12c Mar 2.50 May 21c Apr May 6%c Apr 25% July ll%c Feb Jan 36% July 5% Apr %c May 15 %c Jan 5% 5% 100 11c 9%c 11c 13.000 9 50c 40c 56c 97,100 26c 14 14. 14% 610 13% Feb 15% Jan 11 10% 11 1,377 0% May 11% Apr — 1 ————— ——- — 41 10 35% — Burchell Burlington 9c 2.15 6.25 13c Building Products Burns 2.15 7%c _ Euffadlson Gold Buffalo 70c 6% B —• Class 4 Jan 82c May warrants B Consolidated 1.25 Calalta 5% Consolidated Mosher Consolidated Consolidated Pcrshcourt 15,610 14,400 4,890 24 Feb 36 * 75 July 75 2,505 62 Mar 80 Jun Consolidated 1°° 95% 95 95% 41 95 July 103 Feb Consolidated 1 8/J0 8.90 9.75 4,175 preferred Bread common Canada Cement Preferred • —20 — Canada Crushed Canada Foils Canada Foundries Cut Stone * Life Malting Preferred 16% 38 100 100 108% 150 100 A * Southern Oil Mine— warrants 1 • Canadian Admiral Oils.. Canadian —* Feb 55 Jan 49% 49% 23 % 23 % 150 3.40 3.40 3.90 15,000 3.20 Jan 1.98 4.50 Jan 2.25 8,470 1.75 Jan 37 36%. 47% Mar '22% Jun Canadian British 150 35%. 515 34 80 80 50 78 88 %! 88% 88% 3.65 5.Oh 22,250 8.25 7.45 8.25 75,471 17 1,050 17 58c 10 53c 35% 5 Jun British Empire Canadian Canncrs class C'elanese 88% Feb 16 58<; 57,800 42c 15c 10,498 11c 19,754 50% 50% 50% 2,150 45 27 % 27'A 28 5,024 23% Mar 28 27% 28 945 23% Mar Jun 24 Feb %c Jan 9.60 Julv Feb 50 Jan 28 17 Jun 17 16 Jun 19 Jun 65c 72c 48,156 53c Feb 14 78c 13% 14 Apr 2,170 13% 15% Apr 15% 15% 2,203 12% 280 Apr July 14% May 16% Jun —25 28 25 160 28 7% * 7% 25 — Canadian Devonian Petroleum— Canadian Drawn Steel common Canadian Biedge & Dock Dyno Mines Feb 800 6% Jun 2.15 2.05 2.35 11,225 1.30 Mar 3 5 % 5% 3.00 5% 3,750 May 5 % Mar 1 67c 65c 67c 7% Jan 9,925 65c • 1.04 1.04 1.20 July 9,500 80c Jan 8.40 8.25 8.60 * 30c : 8.40 * com A 34,470 6.50 * Husky Oil Canadian Malartic Gold 20!% 21% 12,867 13% 14% 3,430 12% 12% 13 3,077 27c 27%c 4,278 27c Mar 27c 25c 27c 1,071 25c 38% July 36% 33% 7,217 26% Mar 82 80 82 30 80 1 • 100 8 '/c preferred 1953 warrants 100 12% Dominion Steel 2.70 Mar Jun 8% Feb Jun 25 ,130 Jun 1,765 11 Mar 15 Williston Can Met 1 Natural Canso Oil 46c 52c 3.75 2.50 2.70 1.80 2.50 2.20 1.90 2.50 28C 26c 28c Asbestos Corp Ltd Central Explorers —* • 1 Central Pat Gold Central Porcupine —1 Chesterville 1 - Mines 1 Chib-Kayrand Copper Chiboug Jaculet Mines Chibougamau Mining & Smelting & Smelt . Cobalt Consolidated Cochenour Willans Mining Corp Gold Mines Copper Yellowknife Confederation Life Coniaurum Mines Con Key Mines Consolidated Consolidated Consolidated Corp Allenbee 21c 4,300 10,684 2.00 3,050 1.60 1.05 1.01 1.10 14,500 3.00 3.05 770 75 % 78 419 52c 55c 43,669 Bellekeno Beta Gamma Calliman Flin Central Consolidated Cordasun Warrants Denison 1 Mines 1 : Dragon footnotes see page 44. Apr Elder Mines 99 Jan Eldrich 32% Jan El Pen-Rcy Sol Mines 16% Apr El 3.25 Jan Equitable Jun Eureka 56c Gold 2.61 July 3.30 Mar 57c Mar Warrants 7% Jun 60c,, Jan Gc Jun 20c Jan 34c Jan 16c Jan 4lc 53c 28,624 7%c 10c 16,400 18c 16 %c 18c 4,500 12c 11c 12c 7,100 11c 4.175 70c July 1.01 1.01 1.04 2.24 2.17 2.35 115,725 11c 11c 14c 341,471 28% 27% 28 % 5,816 13% 12 13% 7,905 9.25 12 %<• 13# H 12% 1.15 Mar Jan 1.42 Jan 11c 2.83 Apr Jun 27% 32% Jan Jan 13% May 14% Jun Jun , 9 13 16 27% 25 Apr 19% Feb 39% Jan Mar 30 May Apr July 57% May 12% Jan „ 10% May 7% May 10,242 July 33% Jun 11% Feb , Apr 21c July 8%" 8% 8%* 1 18c 16c 18c 31,600 16c July ' 1.30 1.25 1.40 16,600 95c Jan 30 30 30 115 30 Jan 30 28c 27c 30c 14,000 25c Jun 73c Jan 14c 13c 17c 14,700 13c July 26c Jan 10c 9%C 9c Jan 16c May 4,337 1 20c 20c 21c 21,600 1 2.75 2.72 2.85 24,269 4.50 4.50 200 * 9% Jan 37c 1.75 1.10 Mar ■* 1.47 2.30 July 5.25 2.65 July 4.25 Jun 10 41% 41 % 41% 25 33 Jan Jan Jan 25% 25% 25% 495 25 48% 48% 48% 165 48 Jun 47% 47% 35 1 30 31 5,300 20c. 20c 21c 6,000 20c 22c 22c 26c 50,700 18c 1 $5 1 1 common 25c 24c 26 %c 44,521 —25 Jan Jun 41% July 27% Jan 58 Jan 50 47% May 25 Jan 4.10 Mar 20 Jun Jan Apr fh25 Apr -* Trust- May Feb 40 Jun 40c Mar 59c Jan July 24c July 40% May 48c 48c 55 57'c 56c 61c 33,476 53c C5e 80c 85c 10,402 54c Feb • 28c 28c 31c 17,300 250 Jun 5,590 82c Feb —* 48 1.03 Feb Jan July Jan Apr May Mar 1.66 July Apr 3.65 Apr 78 , Apr 55c 1.25 Apr 8% May Jun 17c Feb 2.14 Jan 16c Jan 3.25 Jan 150 Florida Apr Canada class A 2.60 62,124 1.25 1.40 9.35 8.50 9.55 18,433 1 20c 16c 20c 30,750 27 Ltd 4,310 Jan 16c Mar 20c 24c 25,600 20c Jun 13c 3,033 12 %c Feb 23c Jan 2.93 Feb 1.95 Mar 9.55 July Jan July 41c 300 25 Mar 28% Jan 25% 100 25 Mar 28% Jan 15c 15c 3,000 14c Feb 24c Apr 70c Mar 98c 95c 1.00 19,980 9.05 8.75 9.35 40,548 54% 53% 55% I,575 105 5.90 51 103 102 454 98% 22 21% 22 705 20 9C 9c 10c 7,000 9.35 July Jun 56% Mar 114 2.55 2.50 2.65 6,570 80 80 30 75% Fbe 81 Apr Co 7% 7% 275 63a Feb 8 May * 7% 27 2.50 Jun 34 3.10 Feb 12c 12c 14c 75,400 1 1.10 1.10 1.20 • 30% 30 31 118,658 1,646 100 104 104 105 30 104 1 14 14 14'% 2,610 14 common preferred preferred 100 Ltd . Bakeries -* 99 5% Genex Geo Canada common Ltd 22c Feb 55c Apr Giant Mascot 1,254 10c Jan 19c Jan Giant 15,150 Yellowknife 18c Feb 26c Jan 18 19% Glacier 42,200 Jan 25% Gold Uranium Mines Goldale Mines Goldpkest Gold Eagle Jan Jan 31 98% July July 106 Apr 107 May 4.85 July 18% Apr July 6.00 Jan : May 54 55 200 45 1,440 5.60 5.60 125 5.20 5.50 7,093 4.50 Mar 6.00 6% 6% 210 6% July 7% 83 83 35 33C 25%c 42c %c 12 %c 14c 4.00 3.85 4.60 5,505 3.85 July 5.80 Jan 1.20 1.25 1,500 1.20 July 1.40 Jun 36 %c 38 %c II,172 3,500 ♦ • Mine Mining Jan 1.30 Jan Jan 43% 1 Prosp_ 32,300 10c Jan 35c July 54 100 20c Glenn 1.01 43% common—1 — Mines 1,100 12c 27 1 Wares Scientific 75 6 Jan 1% 5.20 Preferred 5% 99 Jan - ' 1 General Jan • — Mines Jan 21c 165 Gatineau 5 % May 26 Apr Jan July 28 Gaitwin Exploration Galkeno Mines 5 % Jan Feb 27 100 Trailer 9c 1.10 27 % rf.' Geco May 27 % * 27 * Debentures Power May May 3.20 May Feb 15c * common 20c Apr 17% Apr 86c 42% Jan 25% Mar 49 %c Jan 1.46 • Companies Steel 21c Jan 90c 2.20 * General 44c Feb •: 3.50 2.55 15 of Canada Petroleum 10c Jun 18 23 -1 Mines General 13c Jan Jan 17% Feb • Dynamics 9,200 July 15 275 * Motors 4,600 2,60 July 605 19 20 A Corp (U S) General 13c Jun 1 General 14c 5.50 30 17'% 18% 25o . Jan 13c 41c 33 17% 18% 1 Copper— class — Canada Fruehauf 30 17% 1.37 Ford Motor Co of 32 • — 2.80 Apr 45c Jan Jan 12% • Jun 85c 93c 49 %c Jan —1 Manufacturing Frobisher 2.00 July 115 .. 35c 16%c July 45c * Ltd Kirkland 1.52 Jan Apr 28c 13,475 3.50 Feb 1 ——1 Smelting Fargo Oils Ltd Farwest Tungsten Feb 25c 12,364, Apr Jar- Apr * Falconbrldge Nickel Fatuous Players Canadian Fanny Farmer Candy Faraday Uranium Mines Fraser 1,750 18,099 47c 2.00 " 4.25 Feb Jan 75c 5.30 Jun 31c ... Jun common—1 Refineries Preferred May 11 17c 20c 100 13*8 =: Insurance Federal Grain 32c 48c July 4,600 7c 1 5.00 Jan 1,000 2.90 7c 23c 2.00 * Mines 14% July 40c 41c 183.200 21c 2.00 10c 600 Ltd Ltd Life July Feb 2.65 11c 21c 2.00 14% Corp Francoeur Jun 10% Jan 26% Mar Oils-; Ford July 43c Feb 3Gc 2,362 ! Foundation Co 9c 2.90 42c July 220 ——* Jan 92c 1 Oil July 12c 110 33 Common Apr 10c 1 Discovery Consolidated 18c 28,085 31*4 Ltd & 10c 18% 12,400 14c * Investment Jun 8,500 30c 20c 12c 32% Match Co—_—.— Eddy Paper class A 4.25 49,500 10% Consolidated 14c Economic 60c Jun 10c 25C 20c 270 270 18c common—* Eddy Feb 13c 20 %c ._1 1 5.00 July 11c • Oils— 15 36c 1.05 39c * eb 270 12c 8% July Products July July 36c 100 Jan Mar July July ; 6% Mar —: Mining Steel 31c 13c Metals Eastern Eastern Jan 62 73 * Cadillac 2.85 5,400 4.25 28c 55 50c Eastern Feb 28c 2.00 121 Jun... Apr July 47% July Mav 21% July Jan 2.00 1.75 * Mines 74c. Feb 9%c 118 1 Oil Consolidated Consolidated 7%c 22c *■ Development Consolidated 1.25 25c 1.66 2.60 13c 504 55 20c 82 154 % Jan 1.85 39c 200 20,450 July 54% 65c Jun 3,600 118 2.70 13c 14 %c 55 3.45 Jun 11c 1.70 2.70 2.70 14 %c Jan 6.25 July ' 38c 7.00 Mar 2.15 * 1.90- Feb 15c Jan 3,100 10c 10 - 16,780 1,09 Jan Jan* 50c 8.50 3.35 8,000 3.20 July 9c 45c Fleet 92c 3.10 55c 45c 5.35 21c 95c 4.25 7,700 —1 Jun 1.60 2.00 10,490 25 — Asbestos Co 2.27 Mar 2.50 Coniagas Mines Jan July July 8.40 Apr 2.00 * 1,500 5.95 Apr 21c _—l 68c 9%c 5.70 100 Coal Co 4.60 1.75 —1 Mines Commoil 60c 9%c Eastern 3,900 59,400 10c 10 %c Jan Jun 3.95 10 %c July 8,000 5.10 352 68c 17 14 2,318 Explorers Alliance 6.25 6,900 —1 Jun Apr 11%. July 14,779 3.00 Mar 31,100 14*4 100 35,255 Federal 8% 115 11% 10c Jun 1.04 17 11% 1.25 Apr 41c 48 %c 16% Mar 5.20 Jan 17 8% —,1— Amphi 2.90 95c 17 11% July July 8% Duvex Oils & Minerals 15 %c 8% Feb * 11c 12% Mudge Copper Jan 44c. 14% 8% common Excelsior 2.10 1 & Brewery 9%c Feb 8% 3.00 2,040 11% 3,000 1.00 16,315 10% 28,980 * 48,034 3.15 17% May 32c 13c 3.00 16% 8% — Jun 1 55c 88c . 3.10 11% Textile Mines Apr 1 1 1.23 Jan May 16% Dominion Tar & Chemical common—* Dominion 1.02 75c 25 33c 6'% Jan - 34%c Jun 25 10c 28c 11c 12c Jun Jan 7.50 Apr July 4*% 1,995 3.55 25c 5,900 41 5.00 15,655 2.25 1 Equipment Coldstream For 25c 8,600 50c 55% 1.90 1 Farm Cody Reco Colomac 10c 45c 41c 29*2 5.60 1.84 5,200 38c Mar May Jan 27% 8% . July 26c 111,952 Invest & 1.42 Jan 1.25 Feb 1,900 154 25 Ind-A Stores 2.46 Mar 11,340 3,585 4% 25% 3.80 * Chrysler Lake 46c 500 5.30 May Mar -1 Chimo Gold Mines Min 4.75 5.10 12 %c 14 %c 5.40 4% 54 10c • Cheskirk Mines 7.20 5-00 27% 3.40 1.92 1 Charter Oil Chromium 5.15 13%c 6.85 4.75 Trethewey Athabaska Del Rio Conro 6.85 Apr 2.00 Mar 64,153 11,700 • Mar 15 74,623 • Feb 30c 3,895 2.21 1 Ltd Central Coin 565 3.45 1 Producers Cockshutt 5,482 20,491 26,356 3.45 1°' Gas Captain Mines Cayzor 200 45c 50c 2.60 Explorations Canso Castle 3.00 3(jc 1 Mines Warrants Cassiar 3.00 6c Exploration Erin 2,350 3.10 Apr Canadian 40 13 1.14 8c, Can 38 % 3.50 Jan 40c July 2.80 1,500 Candore 38% 8.60 1.25 9,905 27'% 4,325 2.95 34% May 90 9.40 Apr Apr 1 26% May 25 8.60 17c 1 Feb 4.30 Mar 100 17,915 -1 Feb 15 173,710 22c Mines 23% 30 34,000 1.40 19c Mines 23% 3.65 94 18 %c Mar 10c 1.15 19c Gold— 1,200 15 Jun July 9C 1.30 Sullivan 3,345 30 9c 1.05 10c „1 „1 Malartic 12,864 94 1.89 Feb 30c East 14 15 July East 34 * Feb 88c East 24% Canadian Western Natural Gas 4%—20 15c Apr 24 —.—.100 9,517 213,200 Jan 33% 8'/2c 18c 1.18 May 24 8c Jun 17c 88c 36c 33% 8C Jan 17c 40c 10 1 4.15 Jan Apr May 92c 39 % 25 Thorium Corp Canadian Utilities 5% pfd Canadian Vickers 100 Jun July III 25% Duvan Pacific Railway 3.95 3.70 22c ,15 %c July 2.20 May Jan —1 28 Jun Petrofina Ltd 3.85 500 1.05 17c Apr May 16% Jun 135 3.85 16c 55 2.86 Prospect 16% 16c * Do\V Canadian Canadian 16c * Jun Canadian preferred Scottish Dominion 1.35 22% May 21% 12 Jun Jan 19 14 July Apr 6 135 21% 1955 warrants Dominion 22% ■" -1 16c Jan * preferred Dominion Foundry & Steel Dominion Magnesium Donncll Feb 38c May 9c _—* —— Electrocliome 8% Mar 1.75 60c 15,100 2.50 Coal Jan 21% 14% * Canadian North Inca Canadian Oil Cos common 47c preferred Mines Donalda 7,067 18,550 11c 2 Dominion 3.50 Mar 2.67 80c 10c 1 10 - July 70c 10c 1 Dome 9.25 2.56 70c 25c Dominion Jan 2.65 68c Feb III 1 Ltd Oils Dome Jan 8 Feb 16 %c 1 Seagrams Exploration 5.10 95c Jun 42c 1 — Distillers 3.25 100 8c 82c Jan * Mines 100 1,650 10,000 22c 1 Mines— Mines Palmer 11,675 8 • Jan Gold Diadem 85,112 98c 310,669 1 B Mines Devon 8.70 8 • Jan Delnitc 3.25 95c 38c 8c 10 %c —— 1.70 Apr 9.40 May 1.20 July 25 %c -10 —— class Mines-- Horn 8.35 98c 1 Warrants Canadian Hydrocarbon 85c Jun Apr * 10c . 9 Jan 7% 34c —1 —— Warrants 10 18 7,800 —1 Ltd- Brewls Decoursey Deer 1.60 100 55c 1 Mining' Corp 20 % 610 50c -50 Coal— Pass Leather 10 ' 51c —5 common _ Minerals D'Aragon Mines 1.20 20c ,r Canadian Canadian Daine Davis 3.25 _ 1.49 Timber Mines 20 _ • 1 High Crest Canadian Homestead Oils 31 • Collieries Resources Ltd Preferred Canadian Decalta Gas warrants.. Export Gas Ltd 16% 70c - 29.400 315 Nest Crows 28% 9,553 60c „1 Pershing Crowpat 22 % July 23% 57c Canada of Zellcrbach Cusco 5.35 5.70 — Mining Crestbrook Croinor Crown 25c Feb Feb 22% Warrants July 29% .—• Canadian Products 6.00 Zinc Lead Oil Crce Apr 4.30 Jan 60c July 9.60 July 20 Feb 11c 9.20 Jun 5.00 July 8.30 Feb 12c Jan * $ 1% preferred Canadian Chemical & Cellulose Canadian Chieftain Pete Food 88 % 5.00 Jan 9.45 • common Canadian 90 Jun 75c Jan 37% Mar 10c Oils A Canadian 39% May July Coulee Cournor D'Eldona Aluminium Canadian Canadian 37 35 80 24 % Mar 15c * — May May 28c 1.366 25,777 59c 1 * B 'Cosmos Imperial 2.85 Mar 125 • common Preferred Class 1.10 13,300 19c 5.15 —* Apr 175 Jan Apr 22% _• Feb 1.38 3.75 Jun 40c * Copper-Man Mines Rand Chiboug 111 Jan 2.75 4.90 —-* 1 * 1 Corby Distillery class A 100% Jan July 5.00 Exploration Clark Publishing:. Coppercorp Ltd — Coppcrcrest Mines Copper 149 ' July 67c 1.320 -1 Comvcst Apr 20 Bank of Commerce Canadian Mav 15c 69,080 19c 10 Copp 13 % July 2 Oil Canadian Breweries 17 35c 4,500 85c 2.75 9.40 Consumers Gas of Toronto 42 Mar _1 Minerals Atlantic % May July 43c Pcroleum West May 15c 15 %c „1 Sudbury Basin Tungsten Mining- 13% July 25 Canadian Astoria Feb 8 Consolidated lie 45c 5.05 ._ Consolidated Sannorm Mines Mar Feb , 3.70 Mines— 50c Jan 8c 18c G7c 43c May 2.05 Jun May 2.75 l(ic Poplar Min—.—, Ltd- 35 4.05 100 Petroleum class B.. Wire Canadian 10 430 150 Jan 13% Feb 50 13% 35% —20 Canada Southern Class 16% 38'7 29 3.00 Feb 2.20 . B Canadian 49% 13% 30% Apr 6 180 150 • Permanent Mtge-_ Canada Safeway Ltd pfd Canada 287 10% 13% 26 .. Canada Canada 209 7% 38% * common Canada Class 27% 10 common Assurance Oil Lands Warrants Canada Packers class 27 13% Jan 26% Jan 2,475 July 2.50 May 24% Mar 400 27% 7% 27 2.95 27 10 100 Forgings com—• preferred Canada Canada 2.95 27 * common Canada Iron Foundries 4%,% * common 8.90 Jan 20c 64c Jan „1 Oils Consolidated Press class A Consolidated Red 1.20 -1 Northland Peak 1.35 May 3,700 High Feb 36c ._2 Mines Nicholson Mines Consolidated 1.34 1.55 16.300 36c 15c —— Consolidated 35% 3.20 9%c 8c 70c Negus Consolidated 1.28 Jun 8c 31c 1 Mining & SmeltingMorrison Explor— Consolidated Consolidated 34% 74% July 200 Mines Guayana 1.28 1.21 25c . Howey Gold Consolidated Marbenor Mines™ Consoi Marcus Gold Ltd— Consolidated Mic Mac Oils Ltd— 35% 80c 6,683 Consolidated * Campbell Chibougamau Canada 1.10 1.57 Consolidated Halliwell -—25c Petroleum 6,000 1.48 25c Gillies Lake—.—— Consolidated Low 51c - Consolidated Golden Arrow Range Since Jan. L High 50c 1.50 Mines—— Iron Consolidated Rcgcourt Mines Calgary & Edmonton Calgary Power common Shares 50c Crest. East Fenimore Consoi ■ Eritish for Week Low Par ' Apr • Sales Range Last STOCKS Shares High 11% 13% Week's of Prices Friday for Week Sale Price JULY 19 FOR WEEK ENDED Sales Last STOCKS 1 Mines 1 65c 12 1 1 36 %c 1 Mines_ 1 Gold 1 7c 66% ' Feb' 45 6.25 C6 120,440 20c Feb 42c 3.000 65c July 2,000 10c 12c 7c 5.00 JanMar Jun 23c- lie ' 37 80 70c 22c lie 53% 6,500 ; - 2,000- 35c 19 %c Feb July Jan ' Feb 29c Apr Jan July Jan Apr 70c July 11c Jan 1.30 May 27c Jun -—7c Apr July Jan 16c May lOVsc Jan .. Number 5657... The Commercial and Financial Chronicle Volume 186 (355) CANADIAN MARKETS RANGE FOR WEEK ENDED JLTY X» Last STOCKS of Manitoil Goldfields Mines 87c 95c 18c 18c 19c 41 % 41 % 41 Ms 6% 6% 100 1 Gold Mines 13 %c 13 %c 14c 19,500 11c 11c 11 %c 5,600 44 45% 889 38 24 24 24 Va 255 22 9 9 9=8 2,530 5.75 5.15 5.75 955 50 50 50% 335 1 —* •—* 38 % 38 38'a 1,798 class A — 7 7 100 5 Va 5% 100 * * 5 39c Wire ;— Uranium Products pfd Brass Hard Rock Mines Minerals Hasaga Gold Mines Harrison Lakes Hi Drilling Tower Holden Mig class Consol Hollinger Oil Home Class Gold July 25 lie May 49c July 14c 9 Vac Jan common. — . Gold Lake (John) — & Inland Natural 12 Midrim Mining 1 1.49 1.45 1.50 * 3.70 3.70 3.90 30% July 7,621 17 " Mill City Petroleums Milliken Lake Uranium 27c Apr 9VaC Jan 14c Jan Mining Corp Mining Endeavour Co . Mar 16%cMay aC lOVaC I,000 62c 9%c 12,651 29,500 8c July July 6%c 6,800 6c July 1.55 200 85c Feb 43c 35,200 26c 45% 46 252 10% 10% 370 8% Jan 11% Feb 2.00 2.00 120 1.75 Jan 2.00 July 32% 33 1,953 23%.Feb 11% Feb Apr 39% Feb 1.07 Jan 18c Jan 12 %c Jan Jun 2.00 45c July 46 May 36 Jun Milton Min 19% 22% 16,177 19% 22 Va 33,390 30% 31 Va 550 Modem Metals Moneta 5.35 5.60 I,925 65 67 % July 1.55 July 1,650 36c 70.244 3.10 41,020 2.45 2.45 310 10c lOVac 5,900 15 15% 3,955 25c 30c 26,004 20c Jun 45c Jan 15c 15c 3,000 15c Apr 24c 15 May July 10c 15% 1 26c 1 ; __ " common % 15 1 . ; 1 15 117 11V4 Feb 1.25 16,450 1.15 July 150 22 Va Jan 100 22% Jan 54 % 55 696 46 Va Mar 65 Jan 25% 25 Va 75 25% July 28 Jan 12% 12% 625 55 55 57 8,098 50% Mar 10% 10% 11 4,291 10% July 54% * 5,000 215,850 31 30% 31 2,216 10c 10c 3,000 43 43 25 4.00 4.15 23% 23% —50 • 4.05 10 ') 9 Feb 5 July He Apr 23 Mar 15'A July May 60 12% Apr 6Va Jan 24c Jan 32% Jun 10c July 42 3/4 Jun 5,222 4 Feb 6% Jan 150 16 Jan 243A Jun 6% Feb 11c July 50 July 12% Jun 98 16,869 International Petroleum • 54V4 International Ranwick Ltd 1 Interprovincial Bldg Credits : Interprovincial Pipe Line Investors Syndicate commoh—— * 9.73 9.75 12 305 5 25c 55=a 55% 57% 3,549 47 18% 18 18 Va 290 15 —25c 14% 14% 1.15 2,600 14% July 1.01 Feb 15Vt May 1.08 4.05 3.90 4.20 2,750 2.60 Feb 5.20 Apr _ Nickel Co common A Irish Copper Mines Ltd 28c 1 1 • Mines— Isotope Products Ltd 1.55 51% 28c 1.50 54'/a 1,640 29c 4,000 15 1.60 1,490 14 Va Apr 3.30 Mar 61o Feb 94 July 42% Jan 20c July 19 Va Jan 6.50 Jun 90c 111 Jan Apr f57% Apr 41c Jan 62 May May 19 July . 15,700 1.10 Feb 19%c Jan 2.20 Jan 1.80 May 38c Apr 24c 22c 24 c 4,100 1.15 1.10 1.16 36,525 54c Jan 42c 40c 45c 24,100 40c -1 58c 50c 59c 78,008 17c July July 1 1 19c 17%. C 23c 41,466 17 % c July 62c Jan Mines.— 17 %C 15c 17 Vac Jan 28C Mar 1 36c 35c 41c 21,000 30,100 10 %c Mines 35c 73c Jan -* 15c 12c 15c July July 25c Jan _1 • 15o 67c 67c 64c 57c Mining Corp Exploration Ltd Minerals Mines (1939) Gold Joliet-Quebec Jonsmith Mines Ltd.— Co Mining Jumping Pound Petroleums Jupiter Oils Gold Mines— Kerr-Addison 1 — Warrants 47c May 3.70 2.80 3.90 54,815 8c 7c 8c II,600 7c 14 % 2,700 13 1.30 1.20 1.30 4,300 1.75 50c 5Gc 2,700 7,100 36,850 1 Bay Kirkland 1 Townsite 50c 14 17 %C 11c 14c 80c 12c 99c 16c 21c 11,811 30,000 1.35 Jun 96c Jan 59c July 1.05 67c Jan July 3.90 July 18c Jan 2.05 26% July 66c Feb 15 Jan 18 49% Jan Multi Minerals 80c 80c Creek May 70"% common. __ 1 __ Mines __ 74c May 40c 500- 1.09 Julv Apr May Jun 1.16 Mar Grocers 17% Jan 1.30 Jun 2.80 Jan Jun 98c Jan 11c Jun 26c Jan 80c July 12 Vac July 1.34 Apr 22c Jun 19 18% 19 2,722 18 Apr 19% 22% 22% 23 "4 1,985 18 Feb 24% Jun 1.23 1.16 1.23 7,500 90c Jan 1 Mines 1.13 1.06 1.15 14,535 10c 11c 10,000 1 22'aC 22Vac 1 — Mines 1 Mining _* — Lamaque Gold Mines Laura Secord Candy— * . .3 i pfd Acceptance Jan Jan Jan 1.85 Jan 16c 39c Jan Apr 8.00 July Jan 6.75 1,242 16c 500 3.65 3.65 3.65 600 3.00 Feb 4.25 2.43 2.43 2.50 300 2.10 2.59 July 15c Mar Feb 19% 20 685 17% Mar 17 19% :20 17 100 17 19 1 3.75 Jan 16c 6.30 A Leitch Gold 14c Feb Mar 1.60 6.30 1 Mines 4,000 1.05 10c 1.20 19 1.10 1.30 100. 15,050 19 July July 73c Mar New 19c 20 18% 20 1.60 " — Uranium 12% 28c 35c 28c Jun 63c Jan. 20 Jan 20 Jan „ 22 New Bristol Oils New British Dominion Oil Continental 26 44 430 20c 3,500 48c 52c 43 May July Feb May Jun Lencourt Gold Mines 1 10c 10,500 10c Feb 17c Gold Mines 1 17c 16c 20c 107,700 112c Feb 42c * 2.38 2.30 2.48 Jan 2.85 Apr Apr 10c 10c 2.20 Petroleum New 9 %c July 23c Jan 9,062 31c July 67c Mar 10c lOcllVac 8c 55c 54c 57c 2.65 / 2.41 2.85 43,800 30,450 56,425 28c 30c 4,200 36,200 4,000 23,400 __ 2.10 2.25 31c 31c 31c 50c 41c 2.25 class Preferred Lomega Explorations Long Island Petroleums 70c 25c 27c 9,514 19c Feb 30c 85c 1.05 147,350 42c Jan 1.42 1.42 1.45 1,200 1 12c 12c 15c 24,800 1 2.67 2.20 2.67 69,485 10c lOVac —• — Explorations-—- 1 19c Jan 10c May 25c 12 %c July 26c Jun 1 39c 36c 41c 26,300 30c Jan 53c May 60c Mines Newlund Mines— New Manitoba 10c 60c 80c 34,701 20c 17c 23c 20,285 17c July July 52c 1-* 15c 12c 71,000 10c Jan 20c Feb — 8%c 16c 9c 10c 13,000 11,000 8c Apr 13c Jun 7%c July 20c Feb 12c "Apr Ltd 1 Superior Oils Nickel Rim Mines ; : Ltd 8c 7c 2.10 9Vac 2.40 16,700 9,746 2.70 2.59 2.80 17,200 2.07 2.05 9c Noranda Mines! 2.15 6,800 July 3.35 Jan 8c 8c 9c 14,000 8c Jun 14%c Jan 20c 20c 21c 7,400 20c July 45c Jan 47 Feb 57% 12c Jan 34c 8c Feb Goldfield 49 49 49% 1,838 21c Mines Normetal Mining Corp Norpax Oil & Mines Ltd Norsyncomaque Mining 1 — * 1 1 3.30 93c 41c 20c 8c 3.30 93c 38c 23c 8c 3.60 1.03 48c 24,034 1,000 9,125 118,300 140,625 Northcal • 50c 58c 6,665 '5L50 5.25 i- 2.95 6.10 3.15 12,950 3,240 — 1.27 58c 58c 780 48c Mar 1.10 1.33 79,455 99c Feb 5.95 4.55 16% 5.60 4.25 15% 6.55 136,600 4.95 27,575 7,365 Ltd Oils North Canadian Oils North * common--— Warrants .— Oils Ltd —20c 1 Rankin Northspan 1 Uranium Class A warrants Class • . 50 - . -• A warrants 1956 Northern Canada Mines Northern • — 17 5.50 — 1-40 1.55 2,100 26 % 4.05 76 25 2,620 70 Ltd 24c 31c 31,225 3,750 7c 61c 7 V! c 69c 7,000 21,025 8c 9%c 12,600 8c 10c 27c 2.55 35c 1.95 70c 8% 64,000 3,300 15,020 4.00 — 26 Vt 3.50 76 1 ^ Mines 17 17 39% 9.00 18 5.60 * 20 100 common Mines Nudulama 39 8.00 18c 17 %c * Quebec Power Northern Telephone Northwestern Util pfd_. Norvalie 39 5.60 Preferred Warrants 7 . 9.00 North Star Oil common Obaska Lake Mines O'Brien 1,235 7c Jun 11c Jun Mining 7%*C 1 Co 12c 10c 12C 1 ; 30c 30c 30c Lynx Yellowknife Gold Mines • 7%C 7VaC — 30c — 1 2.15 2.18 2,620 1 40c 42c 3,500 Macfie 1 9c 10c 12,000 1,305 Explorations 20 Products com July 30c Jun 600 Jan 7%c Apr 11c Jan Orenada 2.20 Jun Jun 65c Gold 8%o Jan 18c Lake Osisko Jan Pacific 98c May 1.21 Jan 50 28 Mar 32% Jan Page 2,420 28 Mar 35 1.50 1.45 1.52 4,850 6%c 6c 6%C 6,820 1.45 6c July July • 5%c 5VaC 6V2C 121200 5V2C Jun 1 1.53 1.50 1.60 27,905 1.25 May 2.05 Jan Jan IIV2C Jan 32c 30c ......1 40c 39%c 11 400 100 Pan Western Paramaque Parbec 1.85 Jun Pardee - Oils Mines Mines — — Amalgamated Mines Jan 26 3.50 July 75 July 8,500 7c 8,500 16,122 80c 30 , Juty Feb 4.50 May 83 Jan 15c Jun 30c May 29c July 44c Jun Jan 11c Mar 50c Feb 92c May 8c July 23c Jan Jan 7c 8c July 20c 25c July 80c 2.34 1.90 Jan Jan Apr Feb 8% July 2.85 55c 2.40 95c Jan Jan Jun Jan May 9% May 9% Jan 8 Mar 22 Feb 26 May 9.35 Feb 15 Apr Feb 60c 18 July Mar 9%c 74c Jun 2.10 9c 7c 74c 1 6.25 Feb 27c 53c July Feb 2,055 133 44c 9.00 Jun 1.35 6,500 9Vac 43c Jun 41% May 3.20 Jan 7c 132 Jun 15 % 26c 55c — Feb Mar 9.00 Mar 3.70 May Feb 15c 17 %c 34 36% Jan July 6.80 Mar 17% 36 Va July 18c 9%c 132% July 48,100 39c 40c 39c39%c 1.67 Feb 4.25 33c ——1 16c 34% 5.35 84c 11% Mar 3.00 306,174 35,039 570 8,400 31,400 -—1 ——1 0 • 6.10 3.50 8,367 1.600 /* 85c Jan Jan Mar " Jan 50c 1 Petroleum Hersey TubesPorcupine Jan 11c — 11 2.65 Jun 1.59 65c 4.80 Apr 2.45 1,800 315 _ Jan Apr %c Jan 6.10 Jun 40c 13 July July 30c 28c 8 24 3.25 91c 17,300 7,300 10c —- Pamour 29% 69c 8% 8 24 11 Va I - Mines Pacific Eastern 32 1 32c 1.90 1.405 5,745 525 975 Jan 31 1 2.50 1 * Opemiska Copper Orange Crush 1.72 Feb -- 10 25c 1 10c 40c * - Steel 70c 8% 8 - preferred B Ontario 1.10 Madsen Red Lake Gold Mines Class - 2.55 32c 1.95 • • - 23c 31 Magnet Consolidated Mines. Majortrans Malartic Goldfields For footnotes see page 44. — Preferred 1.07 29% ; ; Malartic Ontario Jockey Club common • 1 class A B 2.15 Oils 8c 10c 26c 90o Oka Rare Metals Mining Warrants — — • * 1 Oil Selections • Macleod Cockshutt Gold Mines Macmlllan Bloedel • 1 Mines Gold Ogama Rockland Gold Ormsby Minerals Macassa Mines Macdonald Mines 2.00 * 25,003 Jan 2.65 May 5.00 Jan 2.59 July 1 Mines 8c 1.70 Mar July 1.85 Feb 1 Mines— Nor Acme Gold 41% 1.49 Mar 7c Jan 1 Nipissing Mines Nisto 9c 2.40 1 Senator Rouyn New 1 1 1 1 New 7c 1.05 July Jun Jan 65c • 41 70c 1.34 1 Smelting Co 8c 17,680 3,900 4,900 5,200 1,500 Jan New Mylamaque Exploration Newnorth Gold Mines—, New Rouyn Merger 41 172,100 " Mining <fc O'Leary 75c ' Jun New Minda-Scotia 25 3/4 July 22c May 1,050 26,000 43,200 25% July 1.15 35c 22c Feb 18C Jan lOcllVac May 71c Jun 22c 16 Jun Jan 36c 12%cl4%c 16 Feb 246 48c 10c 7,554 13%c Jan Jnir'"" 13c 1,235 Jan July 10c 16%c Feb 18%c 22c 25% 1.05 July 1 25 % 22C Jan 2.67 Jan ** * 22 Va 1.05 Jun 24c Jun 1.35 Jun 1.55 1.22 May 12c 1'. 22% • 1.29 New Kelore 25 1 ; Uranium Mines 55c New Jagon Gold 24 Warrants May Jun July 25c 95c 1 Canada NeW Hosco Mines— Okalta 23c Jun 6,466 48 3.50 Jun 43% Apr 7,700 25,300 25 40% Jun Jan 2.60 40c 1.85 Mar 22 Vac Apr 41c Jun Jun 56c 20c 1 A B Jun 30c 925 48 1.00 3.15 Apr 1.78 Feb 23c 20c • preferred 53c , 12 %c May 26c 29 48- Mar 28c 3.15 30 Feb 2,850 37c 20c 2.85 Jan 90c • 28% Feb July 1 29 1.85 48c. 50o of Goldvue Mines 3.00 43 V4 Mar 22,250 . 1 Oil Petroleum Mines— Highridge Mining 12,150 II,900 27 Feb Jan July New Harricana • preferred 28c 40c 18c New 50 1st 44 Apr 11 %c July 13c * New Fortune Mines • Groc Apr May July 31c 50c New Dickenson Mines 30 _• Long Lac Gold 40 29 9%c __ Apr Lexindin Petroleum 5.00 5.05 Mar 25 % Mar 9,700 18c 52c 4.00 May Jan 3.35 615 . 11 Vac 12Vac — 1 Develop Davies 3,850 31c 1 New 100 3.70 25 % 11 Vac 40o Mines New 22 4.05 Jan Jan 1 Bidlamaque Gold Concord 500 20 J'an 84c 1 New Chamberlain 19,500 . 3.65 26 1 Mines New Calumet 4,700 4.05 __ __ 1 Athona New Gas 11 Jan * Labine New Delhi Feb 10% • Alger Mines New 9% 465 10 New New 210 11 * Mines Nesbitt 11 10% 25c Car Trust 44c 10% 11 * B Mines Northland 1 Lake Lingman Gold Mines Lake Osu Mines Nello class Petroleum National Nealon Mills 41c 11 * common Hosiery 4ic * Norjartic Jan 50c com Explorations Ltd Norgold July 1.55 l Chemical & .5 5 Drug Preferred Feb • * Ltd Labrador Mining & Exploration Lake Cinch Mines Lawson & Jones class July May 49c 1.55 1 Shore Feb 209,404 14% — Dufault 62c 67c 1.68 Feb 1 :— Kirkland Minerals (John) 74c 1 . Copper Hudson 12c 19,300 9,434 1 Gold Lake Mines Class Jan Jan 14 May 934 July —1 * 1 Waite Mining Lyndhurst Mar 26 1,655 National 70c Louvicourt 26 Jan 17c 21% July 2,150 National 94 Lorado 15 2,264 Jan 63c Cos 3.25 Apr 9%c Mar 26% 26 „ 1 Jan 2.40 1.20 . * Feb 1.61 26% 1.23 • 26c 79c 2.20 Apr 46c 65c Class 1.20 Feb 1.81 28c 69% National 22c 94% Loblaw May 2.35 May 40c Apr 4.45 Apr 17% 86% Apr 63 3,500 33,750 • 2nd 4.35 17 Jun 3,961 23c 1.80 1 Little Feb 79c National 22c 19c Warrants International Loblaw 2.95 67% 7.00 Jan 1.55 5% common Inspiration Mining Liberal 1.70 Mar 68 4.65 Feb 1,020 1,835 8,400 Laurentide Jun Jan 17 National 10,404 Luz Apr 1.73 1.23 • Nama Jan 6.10 La 13% Jan * 233A May 11% Wasa 15% Mar Jan 2.91 * Porcupine 23% May 16% Lake Apr 12 66c Corp 41 6.05 Lake 10 378 Moore Jun 15% Lake Jan Montreal Locomotive Works Jan 11% Labatt Jun 24 %c 35c * : Brewery class Aii 10 Va 6.10 Kirkland Corp Mines Class B 18 Va Jun 3.00 * Containers Molsons 1.78 Jan Feb • Mogul Mining Corp 30 11% Kilembe 1.73 14 2.08 July —1 Brick Ore 14 Jun Mar 13c 43,490 Midwest Industries Gas Warrants Mar 14 45c Apr 5.35 Jan 13 103,115 common Feb 1.10 140 1.40 15% Kerr 27,750 12 1 Kenville 1.24 1.27 20 Jowse.v 1.10 i- Jan 14c . Gas Joburke 1.15 3.15 26c 3,880 15c 5.00 Preferred Jellicoe 8^000 16,550 3,111 5V4 Co Jaye 26,449 33c 16c 17c 14 %C Co.preferred Cement Jeanefcte 4.90 30c 1.34 6c L $2% preferred Jacobus 4.75 14% Mindamar common.* Ltd Accept Corp Inland Jack 53c • 15c Apr 51c 20c 13.50 22% Apr - 6VaC July Jun Jan Jun Feb 13c Power 30c 9c 14 % & July 30c 13c Light Jun July 8,700 141/4 Preferred 116 4,000 1 Mines— Jan 85 Va Jan I 71 Va Mar 17c Jan 26 9%c 1 Uranium Apr 1 __ Warrants Bay 9c 7% Jan 89c Jun July 58 V8 Jun 35c 39Vac Midcon Oil & Gas 8c 22c 10 • Imperial Invest class A —* Imperial Oil • Imperial Tobacco of Canada ordinary_5 6'/« preferred — 4.86% Iron 15,500 Mexican Mar 1.55 1.72 1 Oils Class 18c 14 51c 66% 1 Imperial Bank Imperial Flo Glaze common Inglis 17c Meta 62c 31 Va .. Mining & Smelting— Porcupine Industrial 1,736 Merrill Petroleum National Steel Indian 113 Apr 21% Mar 17=4 July July July May July 5.40 Paper Bay Humber 20 V a 22c 21 Pam Apr 17c 21% — _ Smith Hudson 12 Vb Petroleums 39,500 46 107 Mentor 26c 36C Mining Hoyle Hugh Medallion Apr Feb 43C 107% 87 6% July 25 898 30c Jan Lake 10c 6C 84% 4.90 5.50 67c Feb 9.60 Mar Red 9,200 1.55 83 1.25 McWaiters Gold Mines 13c 10' 83% 7% Jun 79 % May 33c Jun 21c Feb 6 Ltd— Co A » Exploration & Development_50c Merrill Island Mining 1 4.75 Mar 36c McMarmac Mar 14% July 8%c Class B Howard 50 37c 8% Jan 22c 32 Va 20,583 25 Lake 22 G2c * 5 A—— 100 38c 25 3(jc 91/20 Red 150 * * Hinde & Dauch Canada c% 35c common 670 1 20c Highland Bell Highwood Sarcee Oils Frontenac 14-% —1 1 Heva Gold Mines (;% 1 30 '/a 1 Mines Gold Heath 235 * 12 Vac 1 Iron Lake— Red 83 ■» 29% 23c 82% class B 14 = 4 29% * * 1 -1 1 common Gold 7c 25,000 6,960 * 10 5 8c 17,700 Jan 2.08 1.13 July lie Feb 31,250 83 36 %c Jan Feb 20c 9,600 1.24 15c 1 10 10 1.13 7% Ltd Grain 7 May Jan 20Vac25Vac 18c 5 % 15c 500 13c McCabe McColl Apr Apr 9VaC Apr 9 Vac 100 Preferred Jun 62o 7 va Maybrun Mines 6.90 34c Jan 13c Maxwell Jun Jan 19c 7% 27 Va 10% May 13c 10,750 • 1 7,000 10 Jan High 30,000 1 com McKenzie 13,971 6%C Martln-McNeely Mines Massey-Harris-Ferguson Ltd Mar 10% 10 Jan LOW 20c 9%c 1.17 48 18% 3,700 25Vac 1 37% July 6% May 10 9VaC lOVaC • Maritime Mining Corp ♦ 17% —1 Gypsum Lime & Alab of 2,162 81,100 Marigold Oils Ltd Jan Jun Range Since Jan. 1 High 25c 27 Vhc __ Mclntyre Porcupine 17% 30 . Gold Lake Headway 21 25c 19c 1 Jun 10 Hahn Head 20 % 2i Ltd 52 1 Mines Gwillim 10% 400 Mines Shares 16c __ Jun 19c 10%c Warrants Gurney 50 44,260 19c 1 47 % May 3.40 Feb 1 1 Mines Lead Gunnar 5 40c 10 10 Trust Mines Ltd Gulch 5 37c 9c Freehold Guaranty Gulf Coal West • 5.60 Jan 49 Ltd.: 27%c July 5% Marcon 7% May 1 Mines Sales for Week Low 25c Feb * common 2.05 Uranium Maralgo 47% Mar Apr • Gas Great Plains Develop Gridoil Jun 6 V8 Maneast Mar May 200 13Vac July 10c Jun 810 $2.80 ^referred Greyhawk 41 Par 2.10 <!Jan 34c Jan 2.40 Warrants Greening 142 44 Paper Great Northern Class B Feb 2.25 Great Lakes Power common Great 95 July 18c Range Sale Price High -1 Mines Lakes Great 185 • Graham Bousquet Granduc 196 5,060 6,600 * preferred Gordon Mackay class A Grand ices 195 Vis • 50 Low 87c Week's of Prices Last Range Since Jan. 1 High 95c 1 Uranium STOCKS Shares 1 Goodyear Tire Canada common 4 to Prices Low Friday for Week Range Sale Price Par Golden Sales -Week's Friday 2.50 16 V# Jan Feb 3.15 Jan 42%c Jun 69c May 54e May 17%c July 36 % July May Apr 42c Feb 143 57c 21c Jan 74c Jun 8V2C Apr 7c Mar 13o Jaa 10c Jan 100 54c Jan Jan 1.28 May 43 . 44 (356) i ?> T/ie Commercial Financial Chronicle... and • Monday, July 22, 1957 CANADIAN MARKETS FOR WEEK RANGE Week's Last Range •1 Prices STOCK! Low Par * Parker Drilling Oil 6,835 16 Mi 16% 16% 150 IIIIIIII2 3.50 3.35 3.55 38,703 1 65c 70c 171.400 1 1.58 1.58 1.72 20,200 85c 85c 99c 42,450 1.63 1.55 Minerals.— & Photo Gold Mlues Gold of B C — Oil Prairie 2,200 1.20 Jun 9%c 11c 5,000 10% 450 45 75 4.00 28,000 Jan 75c Jan 1.00 Jun 83% 7c May 7.75 8,705 6.75 Jan 5.70 July 3.90 3.45 4.00 254,585 11c 10%C 11c 10,500 9%e July Quebec Ascot Copper Quebec Chlbougamau Gold_ Quebec Copper Corp Quebec Labrador Develop™ Quebec Lithium Corp Quebec Manitou Mines Quebec Metallurgical Queenston Gold Mines Quemont Mining 27c 11,030 25c 33c 1.01 1.08 31,450 60c 60c 65c 9,760 v 10c 11c 7.75 8.20 35c 2.00 18,734 20c 20c 23c 42,633 12',2 12% 13 10c 3,409 1.92 8,000 United 1.25 Jun 80c Radiore Mines Ltd-, ; 1.40 July 70c Mar 3,748 49c 1.40 1.45 18,745 Upper 11c Vandoo 19c 60,800 200 Uranium 50c 50c 56c 20,175 1.75 1.75 1.87 4,886 10 %C 14c 43,165 10 %c July 60c 35c 21c Apr 29,840 45c July 23% 12c Consol 73 % 72 73% 106,400 3,985 20% 20 21 3,423 "II™25 Preferred 1.00 Cement class A Feb 15c Jan St Lawrence Corp 24c 77 Jan 23% 27 Jan 38 Feb 12% Pyrite Lake Petroleums Uranium Mines Gold 18% 98 96 370 91 July 85c 90c 21,600 73c Jun 19c 19c 22c 10,500 19c 53c 52c 53c 4,105 45c 28c 34 %c 229.200 1 32c —• Sapphire Petroleums Ltd_„—- 1.45 CL Debentures Saskatchewan 15% July 3,773 91 90c 1 Ltd Gold Antonio River 15% 16% 1 Michael Sand 15% Mar 96 St San 15% Cement 1.30 58% 1 1.45*. 4,100 * 60 50 13c .... ;r___^ class 40c Mar May 68c Jan 70c Jun Jan 80 3.60 2.10 Jan ' " Windfall Oils Jun 30,715 760 80 Feb 96 Jun 100 90% Mar 97 July Yankee 42 60 40 44% Jan Yellorex 47 48 Jan Yellowknlfe Jan Shirr iff-Horsey _* common Preferred Sicks Voting K Van Souris 20% Apr 23 (ill 20% 22 21 20% 21 4.10 4.10 300 66c 65c 68C 21,695 50c 43c 43c 43c 1,850 9% 9% 455 9 % July 11 11 400 lu 17% 18% 3,035 11 Apr Jan A • *■ Roi i&% preferred-- 50 _* 17% 9c 48% 25c 51 % , 757 16c Jun May Mar Apr 30c Jan 11% Jan Jun Asbestos Brown Buioio Jan Canada 2-_™a 1 14c 12 %c 14%c 85,200 10c Jan — 69% 20% 24 68% 24% —— 2.55 I_Ii * 2.75 Mar 71 % 2.82 July 1,770 23% May 2,742 60 8c 5.000 20 20% 22,510 14% 14% 250 24c 28c 36,000 10c 11c 8,000 2.45 2.60 11,385 33c ——• 25c 1 __i 34 Feb 26% Jun May Jan 73% May Jun 11c Fee 23 % 34c 4.060 J O 24c 9%c 2.45 Jun July Jan July 30%c Jnlv 7% 6% 7% 855 4% Feb 2.75 2.99 70 1.35 Jan 19 19% 300 6C 6c 1,000 3.90 4.00 700 50c * 34c 6c 2.99 - May May 4.00 17 6c Mar Jun 3.50 May 17 % Jan 59c Jan 15c 4.10 Feb Jan 45c May 9 Jun 3.90 Jun Tombill Gold Torbrit Toronto Mines Dominion Bank 492,700 8c 8%c 8,500 20c ,13% 36c 56,625 -15 3,173 38% 39 272 • - ; r' 41c 12 12% 1.36 19c V21c 44 & Dominion Jan ' 3.90 -- 93% May 12 May 2,90 Feb 30c July 11c Jan 7%c Mav 20c Jan 43c July July Jan .18 Jun 10% 35 40 ' / July July 10% May 1.15 May - 1.30 May 29c 5,500 Jun Jun 10c -.•3,015 Apr 27%, Ju-n 28 - July 6% Mar 1.55 50,500 „ 'I ■ Feb '.» 19c i2% July 1.60 Jan . 7c July 1,000 ~!8c Jun 13,700 10c 8%c 1.28 -1.38 15,545 ' ,-'-«7c -7%c 3; 366 26c 29c 31c 32c • Jan 37c July 59,300 -•' 7c v8%c r7%c ? - 3i%c . , 16c Apr • 13c July 6c May 2,835' :23c Jan 5,625 "•' 1.28 Jan 31 1.93 Apr 10%c. Feb 40c 75c July Apr Alar Exchange—Curb Section 'V Funds Week's Sale* Kangn for Week of-Price* ... ' . Share* , lligh Low Range Since Jan. 1 . . 5% 7% 8 % 2,005 29 29 29% 1,904 29 IGV4 16% 17%' 3,305 — 3.85 4.00 980 21% 22% 755 6 14% Mar 21V2 ..... High Low 5% — Sugar ; .5 . - lnger.;oll Marconi common 200 4% May- July- Jun 35 7% July 3.80 Apr 10 % Aor 17% July 4.50 Jun Apr Rand . - Dominion Glass Dominion Oil Co <fc 46c 51c 7.600 35c Jan 55c 9% 100 40c 10,050 28% 4,670 63 400 28 155 28 19% 1,539 82 82 27 31 1,10 Jan 1.75 Jun <fc Ontario 51c iq 9, '• 1 2.05 1.96 2.20 "1 11,105 2.65 2.65 3.05 6.300 25c 76c 73c 76c 5,800 5Gc 72c • 75c 1 • ZZZZZ'l "10 83c 5.800 3.75 % I_ 3.75 500 1.55 n Jan 2.65 July 3.75 10 S^S Jan 98c Jan Jun 1.25 Z 4.10 May 13c 15c 30.000 13c July 36c 41-600 19c Jan 93c July 2.100 32c July 47c Mar 1,36G 42 % May 49 a Apr Jan Feb 37% Jan May 103% 69% 1,345 28% 28% 29% 450 45 45% 45 31 35% 680 3.75 3.70 3.95 1,625 2.35 2.40 1,100 50 51 1,430 2.50 4 ' 4 1 6 6 6 100 65c 62c 65c 25,925 29 29 25 : Feb 83 66 67 Corp May Apr 29% 5 Trust 68 30% 75 90 4 Jan No par value.- * OUT-OF-TOWN Feb 47% May Jan 70 Jun Feb 34 Mar 47 Jun 30% Mar 38 May 28% 40 3.70 July 2.35 July 49 Apr 5% Apr Mar 54c 23% Jan Apr 5.20 Apr Jan 3.40 59 Jan 6% May B9c May 33 Cash sale wl When-issued. x Ex-dividend, y Selling ex-interest. MARKETS dividend. \vd When delivered. delivery sale (not included Ex-rights. z Ex-stdck dividend. - f Flat price. r CANADIAN <Un) Admitted to unlisted trading in year's range), e AND t Ex-liquidating , Odd lot sale (not included in year's range). d Deferred Jan 76c 34c 34 %s 43% Jan 50c 28% July 22 250 51 FOOTNOTES FOR • Jan Jan 69c 42% July 4.10 May Feb 479 Gold MinesI imii Mines Z__ Oreille Jan Mar 31 common— Zellers Jun 4.90 Feb 74c 43% 53 39-% Api- 13%c 34c May 16% 32 Paper Weaving 64 101% 102 % Pato Consolidated Yukon 20 ' 101% ..... Jan 51 28 —.7.50 International Utilities Wire Jan 19% 18% 31 Paper Jun 20c .28 Gaspe Copper Mines Flour 3.10 May Jun 31% May Feb 45 32% lo % __ 50. International Minnesota / May 9% 36c 28 40c * .. Preferred Inv Mar 30 1,200 2,881 0 Lino-.. 1956.. Gold 16c 53 3.25 35% common Cloth Canada Consolidated May Mar. • Canadian Gen 9c Jan 28 15% Mar 53 • Third 18,050 32.500 27 765 + Bros 12c 450 405 18% 3.25 Oil Price 1.64 30 30% 33% 34<?I •■' Bridge Niagara 30 % 30 18 . - Dominion Ogilvie 25% Alay 30/4 30 _ - / Paper Dalhousie DuDont Jan 21 " Consolidated Jan 5.50 10c I Alay 6.50 85 - SVe Dredging..„!_: Pendi 1.51 I Mines Silver 91 1,625 8,650 10c. IIIZIi Apr 10c II I_I 85 r- 29c » : Apr 1.52 ~H~1 - 85 1.35 Develop 12c 1 Mines Tiara Mines Jan 19% Mar 11 * 21% ZZZl _H~ Jan 18 % 598 . Corp Canadian 5.05 Mar 1.55 1»74 19% . 43 ' III Texas Calgary Thompson-Lundmatk Thompson Paper 1.00 730 27 Jan 28 5.00 Mar * 1.75 30c Friday Last'/. Corp Canadian 1 II 17,475 26% 4 Feb Taylor Pearson pfd Teck-Hughes Gold Mines Temagami Mines 2.15 26 ;v, 23c * GOc Taurcanis Mines Jan 1.60 4Qc . Tandem 25 325 ,I -i2 ,; . 1 Industries 2.550 I 100 5.50 10% 27c1"- General Investments 130,609 __ 25% I 14%, 39 1 ■ Bronze common- 1.54 Industries __™___; Canadian 3.00 Gold— 36% > 10% , Canadian 1.38 common. ^1 Apr 2.82 Ordinary.- May 46c ' Jun 1.53 * Propane 1.35 33 1.30 Apr 3.00 Warrants Jan 25 26 2 . , . —^• 5.00 1 - Apr Apr 9.900 1.97 • 6.40 1 Mines Jun 3.00 Jan 90c — 1 m,, 1,220 Exploration , 20c July 130 8.575 3.00 Cons 27 Jan 1.85 33% ; * 4.40 8ullivan Apr 25 80c .29% Canadian 42 % Sunburst 2.50 July 18% Mar 42 Gold Feb 15% May 33% ™l-,.,»20c — - Bear Mines Gold 78c 7%c River Jan 1.12 660 * _• Co 42c 2.75 Contact Jun 9 %c 18.350 89 1 I—_ OiL- National Jan • Gold AncMan Feb 4.00 Sudbury 17c 10,000 1.35 Anglo Newfoundland 27c Steeloy Mining Cons 48% ?lc 3.00 Oil Alay 25% * Par 6,500 4.05 Mines Jan 53c 2.40 __ _!_• Jan 130.500 — Pete 15c 39c * Iron 35c Jan 29,301 -Sale Trie*' 55c 42% Canada 54c Feb 18% 85c STOCKS 47c * ; Julv 20c 2.30 27 Jan 32c 1,550 2.55 Apr lG.'ic 8,800 35,032 10c Jun Jan 4.70 2.75 Mar 33c 10c Canadian 33c 1 Ltd Jan 31c July 21c 27 Toronto Stock 50c Corp Mines 20c "32c * 1.75 v30c 8c __5 Mining 35c Materials Bros Rock Zulapa • Gas Jun 82% 32c ' Ltd-,.- Sc. Zinc™_'_ Zenmac Metal * • & Lead Apr 60c 8 & 5.00 13% Feb Apr 55% May 2,600 Oils G* Jan 9% & 7 20c 2.45 * 5% Jun I 19' 47 9% Uranium Sylvanite 2,800 45 9% Nickel Switson 8%c July • Oil Inlet 4.833 1.03 Jan Services Stedman 8urf 9c 66c •Tun Uranium Supertest .Ten 54% July July 2.95 /Jan 67% 130c ' 27 20% May 2» k July 20 3"C Paving Superior 8,225 51% 350 2.54 ' Jan 1,600 Mines Sturgeon 11% 2,800 50 4.60 * 18 1a Jan 82c 25c Yale Jan 11 30c Starratt Stuart 63c 30c Warrants of Jun 30c Mines Steep 35 %c 4.00 48% 18,540 4.00 2.33 l class. A Ltd Jan 17% 48 22c Jan 83c Feb 50c Jan - 2.00 Mar Jan l.Oa 17% 8 %c 23c 20e • Jan Jan 4.55 jun 1 Spooner Steel 78c Jun 4.00 May 2.75 —— 4.116 3.25 •_'0c July 1.30 Jan Mav 6Or Oils Air SLanwell —— • ; OH Spartan Stanrock ; • - Stadacona ■ * 1 Union Feb 4.10 * Southam Standard 15% July 24% 1 class 2,130 78 15c Jan 7 Jun 30% July 375 1 Mines Ltd Slanleigh 9% Mar 455 Ltd Valley Southern 8.10 4.85 July 30 common Somerville Feb 22 Manufacturing Slocan July 30 Ltd Mines D 7.80 Jan 21 ' Slater 3,245 Woodward ... Class B S " 3,750 7.60 ' 10c . Wright-Hargreaves 30 Quebec Dairies Sllverwood Simpsons 15% Jun Jan 22 Mines Standard 6iscoe 14% 3.95 13% • common trust Mines Silver-Miller Silver 15 4.30 7.30 __ ; Mines Feb 23 Breweries S^ma 41,934 3,800 76-%' 20^ —1 Yukeno Mines 5.50 80c ' .'4.00 100 _• Mines 4.85 2,350 3.90 4.00 7 "'77%J:' „1 Canuck 42 5.10 293,540 • ; & 97 ™1 100 17c 75c 20c 1 : (John) Indus class A. Woodgreen Copper —; 7.10 5 23c 44-% Jun 4% July 2.00 Jun 2.75- Jan Jtily o 32% Alar 600 1.65 75c" 2.07 A, Wood Jan 93% 47 May 11,666 15c . Alay 65c Jan -10c May 27 July 3 31,640 , -- ft - 56c Jan 18 Feb 21 2,215 1.55 • ^20 Winnipeg & Central Gas— 1.82 Jan , 97 47 50 13,100 14c --iG 17c / 4.40 May JSri Apr 5.50 ; Winchester Larder 92 47 1.73 Jin 6.40 , Feb'- 11c 14% 6c 12%c Jun 807 63c> .1 2.75 _% _—:. la % May 3.60 7.735 •'401/a "4238 ■' ' Warrants™-—„2 6.40 50 26% 3.95 199,720 3.90" *'5Gc ' 13%C ;-l A_,. WilJroy Mines Wiltsey Coghlan 97 preferred 15% '■ •. 92 Gordon '12c 15% .' class 7.10 B -lie %'3.40 Petroleum Security Freehold Petroleums • Shawinlgan Water 6c Power common™* Class 1.270 i_5 B Preferred Jan Mur July Naco (Geo) Class " Sherritt 4.40 26% „_1 L* • Western 40 ™* 4.40 - 31 %c :——2 19,715 common July 1 Leaseholds 24,325 A F'eb 70 , 3.35 Class 60 • Grocers 3.60 50 F*eb Apr ;Jan l_l Petroleum 13% *+ 20c 56 1 Breweries! 3.50 preferred 25% July Jan ll%c July 10,100 % Feb 7.15 Alav 5.50 Alar 19% Jun Alay 24C May 39 58c Ltd Decalta 13% A 19c 70 • Canada Preferred Jun July 2.50 4,335 8% 86 *3.75 • Mines: 3.55 3-.20 20c 7% July Jan 7 V2 July 62% Jan 2.899 23 1.57 Products 13% 3.25 82 ' 70 -15c Copper * common 3.85 305 -70 l: Nickel 50c — Ltd Oils Rainbow Scurry Scythes 80 - "7.3'0" Malartic Western Jun 1.35 1.27 Jan 58 100 " 7% 15% Warrants • 1 Gas -1 ;_1 Maygill Gas Oil Western Jan • common Maurice Jun > lie ;-™» , Jun 10% 13 93c ll%e 12%c 57 ■/ 57 < :_1 Western Jun 1O0 40 Feb -" 20c 40'^ 1 2a Western July Mar 400 16 2Gc - * ' Amulet'Mines Westeel May 64 16 34 15% * "A ' ,_l West Feb 11 15 V2 pfd class A 5% St i West 25% May 34 • 84,495 7,683 L.1 Oils Weston St Lawrence Jan 79c 12.025 2-" : Mines Werner Jan 11 I * Industries Russell 33c 5%c Explorations Ltd1 Wespac 1.82 May Jan 9c Feb - Weedon Jan 9c 42,621 24c 23 Jan Alay/ 20c 6.30 __l ilWebb & Knapp (Canada) Ltd— Mar 16% 3,555 10c 20c Alay 9.C0 Jnr 6,000 25% Wayne Petroleums Ltd 12% July 240,700 23 32' l«'eb 6.95 • 71c —2 i_ Explorations VVaite Jan 75c 53C 10c 17' Apr 30c 2a ' Mines- Walker G &, W Jun Feb 1.46 • _ 2.50 23c Jan 46c 10 Royal Bank of Canada Royalite Oil common 1.00 May 16c 1.25 1 Oils Roxana 1.99 Mar Feb 48c • Consol 55c 6.10- 25 Wainw.right Producers & Ref Jan Feb 12 150 17,900 13,750 21c Can Ltd Mines— V) (A Rowan 12% 17c 18 %C Mar 25 1 Vico 23c 1.10 July 37c Jan 1.31 50c Ltd Pete Rocky C>0c '12% 17 %c Mines Rockwln 55c 12% class A 28c 20c 1.49 Mar 1.25 May lie Uranium-™. 2,300 2,795, 34c Ajrr Jun 1.10 Little 105.270 V6.30 • Alloys Violamac -•'$ ;_i I——;_i Ventures Ltd Apr 1.10 Mines -7.90 - - Apr 1.90 12 %c Athabasca ,29 7.25 ' 50 : ; Jan 1.35 15c Robinson Roche pfd Feb 1.05 Jun 50c Alay 27% ■7.% Hill Canada Vanadium Jan Feb 1.35 Jun 145 38%c 39 %C , 78c ™_™——1 - class A Steel Corp Universal Products Mar Jun 1.10 Rupununi Mines Ltd— Roe 73c 1,150 55c Macdonald Rexspar Richwell Rix 12,900 77c 54c Mines Explorations Reeves Rio 84c 50c 84c * Ltd Rayrock Reef 75c 77c —1 Mines Uranium Earth Mining Co Rare ,40c Feb 21c Apr ?.35 May July. 104 l.TiOO ■ * B 26c May 4,441 .. Feb 24c -1 class Mines Inv Keno Vulcan Ralnvllle 1: Ltd Viceroy Mfg 'class Ah-I_™' Class'B ——f™—' L___: 2.87 July 12 28c 3.25 > 27c 1 19 Feb 2.00 8,420 • Jan 24c 80. United Montauban 10% Mar Jun 1.79 15c 28c July 1.20 * United Jan 7.60 105% 109% .38/2<5 J. Jan 35c 30c 36 % •39 13,515 - —.;6%-G% . preferred™ United-Oils May July B United Jan 2.34 Fuel Class July Jun 60c 28c 1 Corp— United Estella 4.00 July Jun 1.01 2,450 1.90 1.70 Mar 4,950 35c 7.75 Corps Apr 18c • Ltd 2.95 ■ 7.90 1 i-™™/-* Asbestos United 3.95 Mar 25c IIIII* Producers Ltd— V. 2.73 --I Canada United Jun 2.30 9,900 of Mining 1.16 910 2.05 1.03 Prospectors Airways Jun .2.89 - . preferred Gas Union 1.80 July 2.05 1.72 Feb Jun 48 7,284 „ Acceptance common 2nd 8.35 Mar 2.00 2.05 Union Union Apr 8.80 2,050 1.10 42.% Apr 2.25 103% Shawkey Mines- Jan 5.90 6.20 17,500 May. Apr 2.15 — Jun 13c Apr 7.25 1.50 Ultra Jan 46 % Jan 3.95 Mar ■' Line Chlbougamau Aiay 31 Jan 1.70 1.35 Trinity Alar 30 hep 60 Resources — 20 f eb 1.425 29c Co Ltd—, Jun 22% 20 41% — Oil Pipe 17% 100 2.15 * : '•High 100 -- 42 "4 Pipeline Tribag Mining Jan Feb Jan - 300 >29 27% 40% —1 Ltd_ J Range Sirce Jab. 1 Low 42% Zao Oil 15c Mar 55 650 10c Prairie Triad 13 % 6.00 1.45 7.75 Dome—,— Mines Minerals 4.00 8c 9c Trans 50c 55c • 413 76 Apr 1.66 Jan Mountain Jan 1.50 May 38% 1,780 5,100 • Gas 7c Jan 42 10% May 15,900 62c 73c Uranium Purdex 1.83 1.28 Gold Warrants Provo Transcontinental 1.24 Roy East Preston Trans 1.50 1.25 Electric President Pronto 2.25 May Jan I 41 — —.—.1—:— i July 1.20 82c Jun 58c , Rights Jun 88c Jan 75 Border Premier Jan Apr Corp Power 27e 1.05 71c • A Empire Oil6 1.40 42% class Trans 39% 72c 5% Apr 3.90 Jan 18% 29 27% ■27% Trans 20 58c Traders .Finance Shares 17% — - Feb 5.160 1 Gold ! 23 2.30 for Week High Works .cbmmoh. A 16% July 36,945 1.63 42-% Rouyn Iron Class preferred ™; Canada Explorations 42 Oils Powell Elevators Toronto May 1.10 1 River Toronto Jan 18 42 Placer Development Ponder Feb 1.05 1 Uranium Jan 26%c May 16% Jun Jun 10% Crow Powell 62c f 9 12-% 42 Engravers Pickle 14'. 1.07 Phillips Oil Co Ltd Pitch-Ore 14% 6 Feb 4% May — Low • 95c Apr 18c 2,165 Petrol Oil & Gas Pioneer 55c 15,550 15 15 Gold Mines Peruvian 28,700 22c 15% 14% * Credit common & Oil preferred. Perron 155 84c Sales Range- rar High 4.75 2 1 1.25 Gas Nat Gas Permo Low 75c 4.60 80c Pembina Pipeline new com— Peoples High Week's Last Sale Price -of Prices Range Since Jan. 1 20c 4.60 1 Consul Rtver Peace Friday STOCKS Shares — Ltd— Mines Uiunium Pater Paymaster i!> for Week Sale Price ENDED JULY Sale* Friday (not included in year's range). . - - . privileges. Jun K Number 5657 Volume 18€ ■ 45 (357) Chronicle The Commercial and Financial ... NATIONAL LIST OF OVER-THE-COUNTER SECURITIES Quotations for Friday, July 19 , following bid and asked quotations are obtained from the National Association of Securities Dealers, Inc. and other selected sources. They do actual transactions. They are intended as a guide to the range within which these securities could have been sold (indicated by the "bid") bought (indicated by the "asked") at the time of compilation. Origin of any quotation furnished on request. The "National" list is composed of securities The not represent or which have a wide national distribution. Ask 1 51 54% Three 2 52% 56 Time Inc 1 13 14% Tokneim 247b Topp Industries 2674 72% Towmotor Corp Tracerlab Inc 16 17% Trans 1074 117b 5 14 Par ' ' ' Aerovox Air • Inc Haloid 36 38-%- Hanna 5 42 45% 1 ; Line Co Barge k 6% 1 29 31%* High 367b 38% Hoover 43 Hudson Pulp & Paper Class A common 1 Corp Products American Par Ask Bid Par • American Box Board Co 57b —10 American Express Co «. Company B 5 Ask 138 Voltage 7% 22% 24% Sierra 145 Pacific 28 South 29 3% 32 Southeastern 1 At Co Power Serv Pub Co 357b 37% 39% United 18 Va 20% 1 29 Vb 3174 Producing Co__ 1 77b 8% 207b 12 Vs 13 % Southern New 4% Southern Union Anheuser-Busch Inc Co Farms Arizona Public Arkansas Service Missouri :_ : — 5 Co__5 Power 16% Avon Spring Corp__. Inc il__* Products Aztec OH - 21%'- 37 Interstate Motor 35 Va 3474 43 % 10 .Class iu 6% Co__10 21% 23 > Jamaica 18% 19% Jefferson _, Bausch & Baxter Laboratories— Optical : 1 Co Gosselt & : Beneficial Corp Berkshire Hathaway Inc 7% 7%» 18% 40 x39 ' a L-O-F -,_i—— 1 ._—_1 ,» " CqJz3 %v Co 15% 39 3 40% 257b 3 3274 24 7b Fibers 5 14V3 1774 Co 6 ___10c 5 Loan _______1 Corp 33 Lone Steel Star Lucky Stores Ludlow 57., Bank 72 22% 17%'r,-.' 18% ' 7%r 11%-. 1 12 18. %:•■.: 20 3 12:' Prod^:r__— 197'u • 257a - — JJtfir"'. _2% i64 Boatmen's 13% 14 Va 35% 37% 1 30 33 Electric Co—lb 37% Ltd 37 ; : 67 Va . 63% Valley Mississippi Valley 437, - 31 9 Va 1 Co 9 97b 177a lo 25 2% 39 5 18 18% 18 '/a National Shirt Shops 14 157a New Detroit Harvester Co 1 19 % 21 Eng Gas & Elec Nicholson File Co 21 Norris 14% Nortex 25 Va North 1 19% 12% Productions—2 % 23% (Walt) Disney Inc Products Doeskin —_____ 3 1 Donnelley (R R) & Sons Co__5 Broadcasting Corp 1 Inc Bush Dunham 287 3074 , 12 Va —2 9% - a 13% * 14% 2 Utilities Eastern , Electrolux El Gas Nat Tennessee Eastern Industries 16 Fairmont Fanner 33 - 23 Va — - Mfg Co ■——2-11'" Mortgage Assn_100 Boston Fisher Corp 10" 11 Co_____ Governor t>teel Corp Corp Ltd . Ft Wayne Frito Co 257b 127 b Assoc 8 167-, 17% * 237-, 257b ,50c 147 b 15% 1 Miss Coal Ben 1274 Co 64 39 Va 6% -rJ- 6% 14% 157b 5 5 14 14% 257b 277b Otter Tail Power Co Pabst Brewing Co 7 • Airmotive Corp 1 Telev "A"__90c Paper.lO 1 Oil Crude (Calif) Pepsi-Cola General Bottlers__l Pickering Lumber Corp 374 Pioneer Natural Gas Co a. • Portland Gas & Coke Co Rubber 2 Co 1 Corp —19 17% 187 b 307k Potash Co of America 39 42 17 Producing 34% 23*b 2'/a Co 33% 3674 2.50 5°o pfd__20 7 187b 77s Pub Serv 5 Co of Punta Alegre Purolator New Hamp 5 3274 of America__l 7 Va 1 2674 34 1 12Va 2174 Gulf Interstate Gas Co 157b 574 107b • 9% Corp 10c Mfg Co new—2.50 3574 38 Hagan Chemicals A: Controls—t 407b 44 47b Halle Mines Inc 25c 57b 37b 417b Manufacturers Tr Co (H Y) 1A Meadow Brook Natl Bank of 42% 45% 2474 , 35 % 37 Va 49 74 51 2 6 74 38 % 39% 5 2 7b 53% (N Y) Freeport Mellon Natl Bk A Tx Co A 2A <Pgh) 59% 2A Merchants Natl Bk of Boston-10 37% 63% 57% National Bank Bank of Trust Natl 89Va 307b 6% Roadway Express class A (h H) Co 1 Rochester Telephone Corp 10 Rockwell Manufacturing Co__2% Robertson Roddis Ryder Plywood System Corp Inc 64% 27 29% 54 58 43% Natl Shawmut Bk of Boston_12% Natl 5 50 178 46% Northern 187 50% 7974 72'/a 65 33Va 33 35% 19% 217b 34Va 7274 (Minn) Natl Bk A Tr 10 6% National Bk 32 697b 316 3 2 74 307b 50 326 3 5 7b 52Va 66 70% 59 62'/a 40c 62% 65Vb 51c 4 2 74 45 7b 10 10 31% 28 26 % 28 45% 67 48% 70 York—10 Harris Tr A Sav Bk (Chl)„100 Hartford Natl Bk A Tr Co—10 Hudson County Natl Bank (Jersey City N J) .-25 Hudson Tr Co (Union City)—8 Industrial Bk of Com (N Y)—10 447b 430 30% 47% 453 32 34 Corn Exch Bank of New Industrial Natl Bk of Providence R I For footnotes *-ee A 55% 5874 36% 38% 14% 15% 10 10 (Phila) 27% 29% 42% 457b 54% 58 Republic Natl Bank (Dallas). 12 Riggs Natl Bk of Wash D O—21 Bank Natl Rockland-Atlas 130 of ——10 33% 36% Royal Bank of Canada 10 Royal State Bk of New York—5 76% 80% 17% 19% 2 8% Boston Rye National Bank (N Y) Union Trust Louis 70 74% 20 61 Va 65% 10 27 20 Co Bank-State Street Truat Second (Boston, Mass) Becond Natl Bk of Phila Security First Natl Bank (Loa -12% Angeles) Security Natl Bk of Hunting¬ ton (N Y) f 10 State Bank of Albany Bk A Tr 25 (N Y)—10 Co of New Jersey 2% Trade Bk A Tr Co Trust 45 Va 48% 29 31% 42% 467b 44 48% 19% 21% 97b 10% CO Y) Union Bank of Commerce— United Co Tr States 42% 45% 10 42 45% ^10 (Cleveland) Union of Maryland Trust Co— 10 22% 24% (N Y)—20 68% 71% Arii)_8 26% 28% (Boston) United States Tr Co 35^« Valley Natl Bk (Phoenix preceding page out of every three of the Stocks quoted in the above We make Markets in two Industrial & Utility 52% 8474 20 Va 21% 46% 49% 1 14 1574 6 1774 19 list of Over-the-Counter Your orders A inquiries ore T ROSTER, 57 80 National HA 2- 2400 Securities. invited SINGER Members: N. Y. Security Dealers 74 Trinity 78'A 458 Bank 1 7% 36 Vb 33% 10 Trust (N 56% 51 1574 32'% 435 20 Tradesmen's Provident Sterling, Natl 8 Trust (Chicago)—100 Philadelphia Natl Bank Pilgrim Trust Co (Boston) St Banking Pennsylvania Trust Co (Phila) Tr Co 60% 36% 75 Peoples First Natl Bk A Tr JO Co (Pgh) Peoples Tr Co of Bergea Cty (Hackensack N J) 8 76 68 '/a 61 29 (Camden N J) 47 33% Newark—12% of (Boston) .100 New York Trust Co (N Y) 20 47 Va Camden Bk State New Eng Trust Co 2674 25 Y)_ 9% Robbins & Myers Inc 44% Bank¬ 20 19 Va 9Va — 58% 304 57% 60% 7.50 N Essex A (N J) Co 19% 122 21% Westohaster_A (Albany Newark ing 28% 41 285 National City Bank (deva)—10 National Commerce Bank A 62 8974 42 % 86 55% of Detralt_10 National 242 230 116 Mercantile Tr Co (St Louis) Morgan (J P) A Co Of Y)—100 35% 18% 26% 17 Va 25c * 5 40% 38% (White Co 15% 24% Corp Richardson Co 1474 25% 36% 23% 147b Riley Stoker Corp 3 River Brand Rice Mills Inc—3% Reslstoflex 54 31% 1 23% 10 367b 2974 100 10 (Phila) 28% 2 Chemicals 5034 5 94 Long Island Trust Co (N Y)_10 33Va 7% 27 V4 Inc Y) N 367b 62 Va 25 (N Y) 357b Financial Corp_l Industries 17% 1 Products Giddings & Lewis Mach Tool Co_2 Green Mountain Power Corp (Brooklyn 19% 10 17% Republic Natural Gas Co 29% Ask 18% 34% (Phila) 20Vb Rare Metals Corp 5 Bid A 20 Co 24% Reichhold Fire Brick Co 16% 16% 227a 21 */a Great Western Trust 58 60 9% 1 Sugar Corp 21% Cement Co 8% 5 of New Mexico Pub Serv Co 10c 20 Sulphur 5% 216 26%«v- 20 Gustin-Bacon 57a 205 - 25% Properties Inc 40% 307 24-% 38% Hanover 1074 24% 217a 20% Liberty Real Estate Bk At Tr Trust Co Trust Girard 13*4 28 Portland General Electric Co_7%. 1 Gulf 9»/a 237b 20 Gruen 12% 26% 217b 32% 19% Irving Trust Co (N Y) Kings County Truat Co 39% Bk_15 Guaranty Trust Co (N Y) 20 10% 1674 Polaroid 43 V4 60s Companies Co Natl Bank of New Rochelle Franklin Natl Bk (Franklin Square N Y> 8% 97a 15% 1 preferred iA P) 77b 257a Plymouth 9% 40% Far 35 28% A 2374 4 8% l Ask First Westchester 307b 17 7e 10 Company Wyandotte Chemicals Corp Zapata Off-Shore Oo_ 10 Federation Bk & Tr Co (N Y)_10 First 7% 22 VB -10 H Giant Portland Green 6% 28% 26V 15% WuNitzer 66 B — 667b (Atlanta)-lO Boston—12% Chicago 100 First Natl Bank ol Dallas—10 First Natl Bk (Jersey City)—25 First Nat'l Bank Trust Co of Paterson 25 First Natl Bk of St Louis—20 First Natl City Bank (N Y)__20 7 Va Prod—lc 147b 16% 28% 14 A Wood Conversion Co 57b 22 First Natl Bk of 17 16 6% 87 b 26% Pow 6374 First Natl Bank of 42 * 1 Corp Mercury Light Co—10 37% J) First 68 Va 3 Opelika Manufacturing Corp Pacific Wisconsin 20 10 (Phila) (Chicago) Co 13% • River 31% 217b 39*/a First 16% pfd_* Northwest-Production Corp Northwestern Pub Serv Co Old 28% (St First Bk Stk Corp 97 b 157b 5 Serv 87a 1 Corp Pan American Sulphur Co „70c Pendleton Tool Indus 1 Genl Tele Co of the Southwest 5 % ft 2734 1574"" Corrugated General Gas Corp Telep 25% 11 % Coal Pub 2% Fidelity-Bait Nat Bk A Tr Co_10 Fidel)$-Phila Trust Co 20 Fidelity Trust Co (Pgh) 10 Fidelity Un Tr Co (Newark)—10 Fiduciary Trust Co (N Y)—10 » 19% Pacific Power & Light Co 50% 14 Garlock Packing Co Gen Indiana Williams A Co Inc 85 N 43 3674 60 % 24 -— Gas Service Co General 77b 97 b 57 ___il _l_ Foote Bros Gear A Mach Corpi2 , North % 23% Northeastern Water Co $4 20% 22% 16 Empire Trust Co (N Y) Trust Co (Newark 26% 1 Corp Gas 12 19% Federal 9% of Del North Penn Gas Co Pacific 56 47■ —_____2 % Flo. >.a Fluor & 18% 11 g Bid (NY)_5 - Plains N 12 24% —_:__7%*: 52% ————1- > 9 34%'." 10c — 197b 35 ' • 23% (Texas)—4* Foods Co . ' H Federal Natl First Oil American Oklahoma 9% 8 V,', 18 % Associates—10" Electric Co Paso . SOU Emhart Mfg Co Empire State Oil Co Equity.Oil Co——_ ; Co_~__i Inc ________—_ril-c Corp Thermador 40% 17% 20 Rights ' East Bank Natl Co County America Corp of preference Dynamics $1 26 % 812 \ Inc——.—1 Bradstreet & 37 b" .. 24% DuMont Dun * 38 % 1 Natural Gas Co Industrial (Paterson N J) 24% 9% 167a Co 1 Cos 28% County Bank A Trust Co 187:, 23 1 17% Chemical Arts Inc.—__ 1 Massachusetts Western 16% 1 Delhi-Taylor Oil Corp —1 Dentists' Supply Co of N Y__2J/a Detroit A Canada Tunnel Corp_5 Di-Noc 24% 5 Co Corp National Gas & Oil Corp 35 Vb lOo Co_12Va Continental 111 Bank A Trust 27 157 a : 25% 2234 1 5 National Alumlnate 18 Vb 33 Eagle Oil Co Whiting Corp Commercial Trust Co. of N J_25 26% Co Chemical 44 36 % 17 21 Va Connecticut Bank & Tr 33:, 2474 2 National Homes Corp a com_50c Class B common 50c Detroit Internat Bridge 23% Gas Co Utilities 33% Manufacturing Co—9 Western Lt A Telephone Co 10 2674 Natl Trust 467b 35 Vb 22 Co 7% Line 1 White Cleveland Trust Co Inc— Inc Barge Inc West Point 57 b Commercial State Bank A - 3274 5 5 Mountain Fuel Supply Co 8% _1 vtg Mlehle-Gross-Dexter Laboratories ■ ;_2% Gas Utilities Co Michigan Co Services Jet Western (Savannah)r» 10 City Natl Bk A Tr (Chicago) _25 39 V • Common 11 Montrose 16'/4 vtg—_~i com Welex 5 (N J) fl Bank of Cleve—16 Centl-Penn Natl Bk of Phila_10 Chase Manhattan Bk (N Y)_12% Chem Corn Exch Bk (N Y)—10 Citizens & Southern National 1674 10% Missouri 9% - 15% Copeland Refrigeration Corp.—I Cross Company —5 Cummins Engine Co Inc— •___ Cutter Laboratories 11 Va 13% Co (N Y), Louts) 72% 1574 Miss 57 a ' 87k. . 69 lc Minneapolis Gas Co % Shipping Co 19% 18% Connecticut Light A Power Co_* Continental Transp Lines Inc—1 & Co Inc_l Mississippi 874 5 Va Commonwealth Oil Rei co Inc_2c (J Ray) Industries Class A common- 247b 23.. . —25 — 10% . McLean Trucking Co cl A corh_l McLean Miles f'c. preferred conv J Meredith Publishing Co— 23 34Va?.< Commonwealth Gas Corp-i——1 v: .IVn.',k $1.25 & Afitomo McLouth Steel Corp a 67% Vs Elev Co^-ila'."! Colorado Oil & Gas Corp com—3»V. 17% Washington Natural Gas Co—10 Washington Steel Corp 1 295 North America *• .i1/* Irtc Mfg & Sales Co McDermott 16% 1 *» .SVWi- com__v_—1 —.— 1674 Bank 16%,. 35 lac ■ ii 15 % -V _4;—_33%c,,.: *15,% & 1374 100 New of 5% 4% :__ 1 Citizens Utll" CO com cl A Inc 30%, (S D) 3574 York of Bank 6% Milling 15 Vb 28% Brothers Co Warren 37 Bankers Trust 41 Va Stores 42 Va 14 Warren 12% 6% Bank 57b Colorado 54%' 39% 5% (Newark) _25 40 Vb " 38% 29.! it Colorado Interstate Gas Co— 50 • Co 297b 5% N T A S A 35 3 b 33 3774' Maryland Shipbldg & Dry Co_50c Maxson (W L) Corp 3 Colonial 31% S 2% 27 3374 Corp Broad St Trust Co 33% :-<>■. jr Telephone Co --L-zz-li) Central Vt Pub Serv Corp__„c_G z 29 Transmis Commerce 147 b — 27 Va 1 Swasey & 12% Francisco) of 20% A 17 % 25% 1 America of (San 357b 68% —1 Co Va Bank 13% Gas 1574 Par 674 1 19% Co S 50o Bank & Trust 33 % Corp^^C-t^ common 4774 45% 1 19 Marlin-Rockwell Corp Marmon Herrington Co Inc_—_1 B 44% Co—5 15 Va 25 Co 22% " Radio 5 43 Valley Mould A Iron Corp Vanity Fair Mills Inc Vitro Corp of America 41 257a Central Class 34% 10 % Camden Coastah States 18% 30% 97b 187b Collins 17 1 46Va - Utah Southern Oil Co 1 Gas Transmis King 17 74 sz. 1 37 Va 674 43 class B 35 6*/4 Prods Inc__l Common 29% Match 35 Vb 5 Frary & Clark Blower 27% 10 Corp Inc National Maremont Clinton Machine Co 27 Va 61% Madison Gas Co 30% 16 Corp—1 Petroleum 1 Thermo 10 97b 28 V* Natural Gasoline 22% Gas Co Texas a 10 10c 4% 38 ^Chattanooga 1474 Sugar Corp Corp 12% Upper Peninsular Power Co 9 1 Macmlllan Co Central Soya Co, 2274 Universal Corp—l lc Industries Inc 14% Central Corp Texas 43% Lilly (Eli) & Cc Inc com cl B__5 Lithium Corp of America— 1 16.%. ,s 31% i0 Co-.^ci-.ifeS >. 13%.%, Louisiana Electric CQj-vS-Vt; 25 Va Maine Power Co ^.-j-lO^. UUjr Centra! Public Utility 2174 United Western Minerals 26% 1 2% 1 Texas Central . United Utilities Inc 38 Warner Inc Central Indiana Gas Central 357b 24% Corp_7 Texas Gas Transmission Corp_5 Texas 111 Nat Gas Pipeline Co_l 38% 3674 Co Glass Liberty 6% Field Trust ctls__ Gas 25% 1474 Eastern Texas 10 Inc Le Cuno Oil Corp 10'a 10% V- Gas 2374 13% Corp Tennessee 9% 9 Va 40 23% & United States Truck Lines Inc_l 1.25 (O A) Tekoil 38% 36 247 V 37 % 10 Lau 21% 13%.' 37% ... 12% Petrol JLtd—ilOc & 9% 2674 2174 7% Propane Gas Tampax 16 Co Kennametal Landers 20% Elec 9 Va 24% States 7% Refining Sutton 4 3574 50c 33 Paper Co Products Corp 111 Kendall 41 Central Electric Central Co Koeliring ::a- Va 403/b 3% 3 Kentucky Utilities Co Keystone Portland Cem Co Delhi Cedar Point 6untifle 31% • 37% Gas_5 15% 25 8 77a 29 % Public Serv Co—_1 City 43 % Superior Oil of Calil-l > 35% Steel common 31 Power Co__20 Carlisle Corp Corp 14% Canadian Carpenter Suburban 117b 1 $1.46 Kellogg 16%' Canadian Ceco 107 b 1 Kearney & Trecker Corp 8% 37 1 Teiepjuune 33 5 Co Kansas-Nebraska Natural 26% 10 A 357a • Supply 10 1 25 — Greene Corp 60c preferred United Delaware Corp__l Corp Stubnitz Tool & 10 5 Struthers 11% 1074 Drill Lino Inc Cobb & Co Inc Wells Corp Strong Kansas 16%- Bullock's Wat 227b 1 247b 7% Calif 217b Stouffer 6174 15% Service Co 167b 29%' _1 oamomia. Water 157s 23 Va ■ 24 Beryllium Co California Oregon 5 j. Pipe 35% _2% non-voting Works Gas 33 Co—1 Co Statler Hotels 24 va • 4;%1 Buckeye Steel Castings Col—* ■ 30 58% 5%~ Inc Stanley 287 b 1 5% _ Corp 108 103 Tele Stanley Home Products 5 Co_ 1 Steel Kaiser 50% 2774 Burndy 187b preferred • Kalamazoo Veg Parchment Co_l0 TVs 22% Co 17 Co Gas 10% Black Hills Power & Light Co—1 Mfg 1574 - Co Bprague Electric Co 2% Staley (A E) Mfg Co 10 Stand Fruit & Steamship—2.50 Standard Register 1 Co—15 Pow Electric 9% Black, Sivalls & Bi yson Inc com 1 Botany Mills Inc____ 1Bowser Inc $1.20 preferred 25 Brown & Sharpe Mfg Co _10 Brush 14% Co Tele States Carbon Speer Common Jessop Steel Co 47% Brunner 25 Vb _5 Jervls Corp 1 : Water 12% —5- _. 23 16 Inc Utilities 10%- _• BeryIlium Corp Co Inc Jack & Heintz 9% _'_lu . 1 Service Co 11-%- (A jy Markets_44„—_1 Bayless Beii Lomb 19% 55% 7% 6% — 18% 1 Lt & Southern Iowa Mfg Co 14% 51 Power Eng Gas Southwestern * common Iowa Public 1 Bareco Investment Co... Bates A Iowa Electric 72% 1 Co Diver Services Investors 17V- * 69% Freight Sys__l Securities Interstate -v 467 b 167b* 1 : Textbook Interstate Bakeries Corp 23 32% Co Gas & 17% International . 10 5 10 Indian Head Mills Inc 27 Va < Co Indiana Gas & Water Co <v 10 Co__ — Ideal Cement • 507b - 257b Art Metal Construction Co__ Associated 47% 4 10 Southwest 15%- 14% • . Co- Arkansas Western Gas : i common Partic preferred V- 20 18% 4 •' Arden 13 42 25 1 28%-- 39'A 207b Husky Oil Co Hycon Mfg Co y 6*/* 151 144 Pipe Lines units- 19% 31% 2674 Canada Common 33*/* 29 1274 30Vb 57b Corp_50o 1 '"• 12% 28% 1 Tucson Gas Elec Lt St Pwr Co_B Amer _—1 11% 1 Trans Southern Nevada Power Co Incorporated 1 Inc 157 b 71% AMP 27% 19 % Colorado 68 American Window Glass Co_12% 6674 25% • 15 Southern 1 Corp • Corp 18% 26 Va Hugoton Production Co %>- 59 ' 8 63% 14% 24% 307b 40% V. Ask ^7% • 1 287-4 Pipe A Const Co_ Research A Develop. Co " 10c Calif Water Co 56% 1 Hospital Supply Corp_ __-4 States Nat Gas 1 Southern .2 American Amer American-Marietta Co 69% Shore Oil & Devel Co_10c 26 2Va Engineering class Co & Skil Corp 2 Smith, Kline & French Lab 38 Vac 141 " D) (G Seismograph Service Corp 61% 57% 135 10 common Co Bid Co class A com_10 (M A) Class Bid Bid San Jacinto Petroleum Searle Industrials and Utilities & Association Place, Neu) York 6, N. Y. CO. NY 1- 376 46 The Commercial (333.) and Financial Chronicle... Monday, July 22, 1957 NATIONAL LIST OF OVER-THE-COUNTER SECURITIES Quotations for Friday, July ID Mutual Funds Par Funds— Mutual 25c Fund Aberdeen Affiliated American Mutual Insurance 1.99 Intl G.OG 6.55 Investment Fund Resources of Co Bid Par Funds— 5.13 5.61 1 9.64 10.54 America Fund 1 3.72 3.97 Investment Boston—1 10.39 9.60 Jefferson Custodian Funds Inc.l 5.71 Aetna 6.26 —* 1.55 1.70 Johnscon —1 16.01 17.46 5.50 Fund Associated Atomic Blue Trust Development Mutual a21.84 Inv Tr Fund Boston 1 Inc__ B-2 (Medium Grade Bonds)_1 23.10 Bonds)-■—1 16.30 17.79 9.92 10.03 164 3.98 B-3 (Low lj>.43 11.34 B-4 (Discount 12.85 6-1 16.49 17.83 Street S-2 10c 9.82 10.76 S-3 22.39 24.21 Bonds) S-4 Bullock Fund Ltd —1 13.46 14.76 1 7.13 Canada 14.37 10.02 Keystone Fund of Canada Ltd-1 Fund Inc: International Ltd Fund 6.17 23.78 25.71 50c 18.29 com„100 13,800 19.78 14 400 130 135 Electrical 11.07 Metal 10.09 Paper 13.68 Petroleum 1 shares Special investment shares—lc Transport shares -lc 18.74 16.97 Manhattan Bond Fund Inc„10c 13.35 14.43 Massachusetts 19 20 A Mass „— 6.80 1 Co • 7.4 t 14.64 14.79 75 78 11.09 12.20 9.80 14.84 16.26 Fund—1 8.55 17.42 Fund --1 1 22.61 24.17 21.97 23.49 5.28 5.77 176.46 178.24 7.18 7.44 5 14.84 16.04 Fiduciary Mutual Inv Co Inc..1 15.63 16.90 Financial Industrial Fund Inc.l 4.11 4.50 Fund * Franklin Custodian Funds Inc— Common stock series lc Preferred stock series lc Fundamental Investors Inc 2 Futures Inc 1 8.23 8.65 Investment Inc Fund Mutual — 10.85 11.89 6.53 7.15 17.33 18.99 3.77 4.10 11.01 -1 9.91 Income 1 New York of Series Canada Fund Street 7.36 8.00 (T Fund Inc Rowe) Growth 1 6.40 6.92 12.93 14.05 shares—lc 8.69 9.52 lc 7.68 8.36 Smith Industrial Machinery sllares.lc 7.52 8.24 Southwestern Investors Sovereign Investors Bond Steel 8.59 10.53 11.53 8.41 9.22 lo 13.00 14.23 lc shares shares.. shares 2.46 2.71 shares lo 6.38 7.00 shares —lc 9.82 10.76 lc 9.19 4.01 4.41 Funds Stevens Fund Inc- & shares Utilities lc «fc Stock Amer 1 9.07 11.55 B) Fund 1 Inc. 12.19 l State Street Investment Corp__« Stein Roe <fe Farnham Fund 1 Sterling Investment Fund 11.28 11.93 12.71 13.85 23 % 25% Texas Fund Inc 1 8.81 9.63 1 8.22 8.98 10.17 11.05 Series H-C7 10c 4.41 4.82 Series 10c 4.38 l a23.96 9.37 1 9.71 10.50 lo 10.44 11.42 Foundation Fund lc Institutional Growth Fund, lc Institutional Income Fund.lc 10.55 11.54 11.69 12.79 6.96 7.62 Institutional Shares Ltd— Institutional Bank Fund Insur Fund 11.65 lc 12.30 12% 13% Republic (N Y)„ 2 Insurance (Texas;—10 48% 53 St Fire 59% 52% .10 55% 39% 107'% 46% Reinsurance Corp 42% 111 50% 29 Paul & Marine 6.25 67% 72 10 25% 27% 31A Springfield 17% 18% Standard 37 — 27% 28 % .10 36% 39 Title Fire & Marine Accident Guar & Trust (N Y) Value Line Canada Ltd Income I 1 Fund 11.73 Bonds— Bid Eclison Capital 4%s Industries Airlines 1987 4%s_1975 102 % 19.40 5.84 5.51 Value Line Special Situations Fund Inc 10c 6.38 6.02 .2.87 4%s 1976 83 Central Illinois Light Chance Vought 5 Vis 4%s_1987 98 1977 97 1982 Ask 1 11.26 Consol Gas Investing Corp——l 7.22 5'/2s__ Natural Del ware Gas 4%^__1982 Investors Towne Pow & Ltg 5s 1978 1975 Fund Inc 160% U S Fidelity Az Guaranty Co—10 64% 70 80 84% U Fire 3 19% 20% 42% 45% U S Life Insurance Y 2 35 37 'A Fire 2 25 27 ._5 107 111% 92% 36 A S City N of Co in the 97 33 .10 Westchester Obligations of Government Agencies Figures after decimal point represent Bid Ask one or 32nds more of point a Federal Land Bank Bonds— Federal Home Loan Banks— l%s Sept. 99.31 100.2 3.70s Oct. 15, 1957 99.31 100.2 Jan. 15, 1958 99.31 100.2 4.30s Feb. 17, 1958 1957 16, 100.3 Oct. 99.18 1957 1, 3%S Feb. 14, 1958 2%s May 1, 1958— 3%s May 1. 1958 4%s July 15, 1958— 100.6 General Telephone Power Hotels Fund Wisconsin Fund Inc 8.74 9.55 13.43 14.64 II Ii Inc Jersey Central Pwr Dowenstein ^45sS 7 Metropolitan 5s Can Fuel 11.82 12.78 5.28 5.71 New 98% Northern States <M» & Puget 99.26 4%s March 17, Federal Natl 1958 99.31 Fwr Power Mortgage As=n— 3.90s Aug. 20, 1957 4 %s Sept. 20, 1957 2%s Jan. 4s Feb. 4.10s 4 As 100 100.1 100.4 99.6 1958. 10. 10. May 8, 4s 100.2 1958 20, 10, Mar. Apr. Nov. 1, 1958 2%s May 1, 1959— 2'As Feb. 1, 1960 2 %s June 1, 1960 1958 99.28 99.31 Feb. 3%s Sept. Central Bell Calif 1958— 92 a. 87 Southern 78 100.1 Maturity— 4As__1991 99 Certificates 3 As of 1957 Ask Indebtedness- 1, Oct. Bank for Cooperatives99.31 100.1 99.30 100 1 99.30 100.1 99.29 100 Nov. 1957 1, March 3, 1958 one 100 100.2 l%s 1 1, 1957 1 As Oct. 1, 1957 April 99.31 As Oct. Oct. 100 May 15, lAs Oct. 1, 1 As April 99.23 1 As Oct, 98.28 3%s Feb 15, 99.7 99.9 1 As 97.20 1958 Southern of Calif 5%s 99% & Am Tenn Gas Telep —. 5s 90 Amer 5'is 91.24 92 1961 90.16 90.24 1962— 99.18 99.22 88.30 89.6 1961 1, 1, April 1, 1962 Dated Due Bid Ask Rate Dated 11- 1-56 8- 1-57 99.31 103.1 3.90% 6- 3-57 12- 2-57 99.31 100.2 12- 3-56 6- 3-57 99.30 lOO.l 3.80% 4- 1-57 I- 2-53 99.29 100 1- 3.875% 92 U S Industries 107% 107% Universal 1-57 99.31 100.2 3.90% 5- 1-57 11- 1-57 99.31 100.2 4.00 % 6- 3-57 3- 11- 1-57 99.30 100.1 4.25% 7- 1-57 4 3- 1-57 12- 2-57 99.28 8- 1-57 5- United Stales July 25, 1957 4.20% wi 2- 3-58 3-58 -1-58 1-58 99.28 99.30 Ask 99.31 100.1 100.1 100.4 100 100.2 August 1, 1957 August 8, August 15, August 22, 1957— 103 % 103% August 1977 102% 71% September 23, 1957 September 26. 1957 99.783 October 99.689 99.704 October 99.635 )_ 99.873 99.817 99.648 October _ 17. 97 105 91 92 •No par value $Ex-100% a Net :i05 . stock asset „ dividend, value. to listing Exchange b Bid d on the New York x 99.493 99.478 99.404 __ yield price, stock, Ex-dividend, issued, Ex-stuck dividend. 99.344 99,275 __ Ex-rights, wi When y 99.489 99.333 1957 1958_ t New 99.541 99.392 FOOTNOTES FOR OVER-THE-COUNTER ISSUES 98 132 102 Ask 99.596 99.525 99.459 - 1957 10, 24. — .. 1957 3. 72% 128 104% 1957 103 1971 100 19. 99.863 1957 Stock pfd September 99.581 1957 99.758 k Admitted 4.75% 99.925 12, 99.807 1957—; 29, September March 1976 5s Si 1957 September 5, Dollar Value Bid Ask 99.979 99.919 1957 105% 1970 5Vzs 4V2s Match Alum Treasury Bills £•9.975 101'% Stocks- Kaiser 10- 1-57 1-57 100% 1977 Corp 101% 88 2-57 25- 99.31 Bid Due 3.875% 104% 1971 5s 5s 101% 103% 93.8 3.75% 1986 Transcontinental Gas Pipe 64 Transmis Underwood 103 99.2 93 3.75% 1983 80 % 1977 105 % Gas— 99% II1975 94.3 98.30 1960 I960. 97.28 Bid 105 1967 Eclison— 79%- Line 1981 96.24 95.16 94 Federal Intermediate Credit Bank Debentures Light— 4%s 99% Sons— 97.5 95.8 __ 99% — Textron 5s 1987 Ask 96.16 1959 As April 1, 1960 98.20 - 97.3 1959 1, 99.20 — 1958_i 1958 1, 100.1 99.30 1 As 1959 15, 1 As Aoril 1, 69.27 3As 2%s Aug. 2%s June 15. Feb. 99.26 1 1, Bid 99.25 Treasury Notes— point a Notes—(Cont.)— 99.24 1958 32nds of more or Maturity— Treasury 1958— 14, 99% 4%s.,_1987 104% 94 97 3%s Sept. 3, 1957 3%s Oct, 15, 1957 100.4 Bid 105 4%s 92 93 98'/a 96 U. S. Certificates of Indebtedness & Notes 1982 84 103% 101'/a 97% 19 72 15. 99.16 101 1972-1967— 15, 95.16 99.8 1962 4 As 100.1 95.14 95.6 July 15, 1969 3%s May 1, 1971 99.30 99.30 96.20 93.4 4%s 99.12 99.27 1958 May 1, 97.22 96.10 105 104 1987 Southern 102% 100.13 97.12 Ask 102 1982 6 Vis 104 104% 100 " 100.9 2 %S 100.2 Dollar Value Sound Co 1987 Edison Mueller Brass 3%s Bid 1976 5 As York Telephone 77 1970 & Lt ■» 5s Gas 97% 100 4%s__1987 Michigan Consol Gas 6'is 1982 Michigan Wisconsin Pipe Line— 6 Vis Bonds—(Cont.) National _1987 5'/is 99.30 99.2 Issues 1976 4'/2s 99.22 99.24 98.24 ' Rate 1 1 Whitehall 1975 13/4S Hilton 103% 87 Stock Wellington Fund National IO5V3 20% 33% Mutual Sheraton eetro Corp 3s/8s Fruehauf Trailer 4s Georgia 104% 19% 5 7.89 & Washington 84 Va % 8 —— 154 5 12.26 Strum Fund 103 k— Columbia 57 3.14 Inc Vcm 80 79 47 % 53% .10 12.82 17.85 Inc—1 cent Sei Security Burlington 44% 10 3.70% Boston 10 — 3.80% 13.43 63 10 Security (New Haven) 34% 12.06 Wall Street Insf Institutional Funds Value Line Fund Inc 8.89 44% ._5 lAs United United 2.79 21% 42 4 - 3 As Auril 15, Funds Inc— Income Fund Shares.l Science Fund 1 8.57 20% 1% 3%s Feb. United Continental Fund- 8.13 66% 10 Figures after decimal point represent Inc-1 Television-Electronics Fund 1 Templeton Growth Fd of Can—1 United 2.55 10 2.50 American 14.06 United 1 Phoenix Proviaence-Washington 7.50 - a30.15 17.89 Income Foundation Fund Inc 10c Fund of Boston Inc 1 69% 28% 40% 43 16.83 Incorporated Income Fund Incorporated Investors 23 89% .5 Great 13.32 12.84 4 0',L> 16.34 Income 59% 21 al4.32 1 17.36 — 5 6'A 12.61 Shareholders Trust of Boston—1 1 Haydock Fund Ir.c 54% 10 —5 38 4%s 1 Inc— 50'2 9.81 1 Funds 88% Y_10 a24.76 1.25 . Fund H-DA 82 of N 85 a36.0G Accumulated Industry Shares Iilc 26'A Co 3.80s 59% United Guardian Mutual Fund Inc 10 (Minn) Insurance Pacific Indemnity Co Peerless Insurance Co Clark— Fund Shares (Edson 57'(4 9.35 Hamilton (S Newark General Reinsurance Corp 4 05s al2.63 • Stevens Common Selected I Inc—1 8.53 Growth Insurance Clark 10.07 lc shares Tobacco 8.24 lc lo shares—lc shares Nuclear Scudder, Scudder, sliare6_«. stock 33.40 1 6.35 equipment 33.07 Fund 8.10 ER Stock Inc 7.39 Railroad 16.53 Fund 5.79 Bond 22.36 (Geo) lc administered 79% Northwestern National Life 10.05 Putnam lc Railroad 15.50 15.21 1 (The) Stock Fund.lo Petroleum 12.26 9.21 22.14 Inc 12.57 Institutional 11.22 1 11.48 Fully 10 % 75 10 10 3.70s 14.14 Inc Fund of Canada Mining Fund of Franklin Life 10.55 • & Merchandising 9.65 ;2.50 Fund Fund 37% 11.05 Electrical 68 3.95s 1 Inc Science bond 351% Corp— Fund Scudcler & 4% 64 Corp—5 Philadelphia of 7.43 1 Securities 6.88 General Assn 21.77 Inc Philadelphia 9.54 shares 35 y8 9 12.50 _4 Fireman's Securities 14.47 Food 3% * Deposit of Md 9.17 6.80 1 Over-The-Counter Peoples 8.39 X20.14 Ltd 8.71 Equipment shares 32% 3.33'/a Northern Capital Fund 13.22 Electronics 2.50 42'% 29 A 4.60 1 Nucleonics Chemistry & Electronics Shares Inc„. Price 6.27 River Northeastern % 39V2 27 56% 1.25 Reinsurance 49 5 6.27 1 ~. Fund lc Common (N J» 46% 10 Fire 94% 53% 19 8.57 1 Stock England lc shares North 37% 17% 2 Fire 35% 5 . Casualty Hampshire York 77% 5 Corp class A 6.55 4.21 7.84 5.74 Series Growth 5.99 1 1 Series Series- Stock New 15.12 —lc Fund Growth 90% 10 Puritan Building shares Capital New 128 5 10.83 Series Stock 13.99 10.18 310 122 10 11.90 Pioneer 9.29 71 Travelers 1 Series 16.28 10.09 299 Co 3.77 Series 14.90 ——lc —lc shares shares 87% 5 20.54 Preferred Pine Securities— Automobile 29% 153 10 Co 10.73 3.47 Balanced 1 1 Capital Corp—,— Investors Trust. 10 .10 1 Industries Fund Inc Chemical 9.82 18.98 Dividend --— Fund Inc-— Aviation Life Security Series— 3.07 10.57 —10 20c Group 83 27% al4.53 .—1 National 2,80 9.72 Corp..1 Electronics General 15.36 Wide Securities Co Inc.l Investors Corp—. 1 Equity Fund Inc... General 144 Hanover Fire National 25c Inc Stock Fund Gas 21.12 1 19.70 Howard- Founders 19.54 1 Inc of beneficial interest™ Nation 2.50 Shares Fidelity 10 Assoc— Group Firemen's 3.30 14.21 1 Shares Corn Mutual Trust Shares Bond Energy J)__5 5 Interest—1 Fund 46'A Fire New Amsterdam 18% 9.81 Investment Invest 11% Nationwide 33 Fund— Foundation Mutual 8.92 Life Income 10% 42 Co National Union Fire (N General 4 5 Ins 25% Ins——2 Casualty Fire 7.53 12.67 55 Va Life 57 Amer of Life Assurance Fidelity & 13.11 11.72 31% Seaboard Surety Co 33'/3C — of beneficial Mutual 1 2.99 37% 29% Merchants & Manufacturers 23% 17% Federal 3.35 6.87 35% 51 Monarch 53 Stock Inc Mutual Growth Stk Fund—1 Balanced Growtn 3.04 12.13 Trust Massachusetts Fund Inc—_1 Fund & Eaton Investors Investors Fund Fund E Dreyfus 3.92 15.61 Fund Dividend 4.35 17.24 Inc Natl Employees Employers 3.93 3.56 1 Diversified Trustee Shares— Series 3.57 3.95 lc . 1 Income Diversified -lc lc — 1 5 5 Bonding Merchants Fire Assurance— New Eagle Fire Ins Co 4.43 shares Casualty Massachusetts Pacific 2.75 —1 Inc Income nnversified 6.01 2.49 4.02 shares—lc shares— Units De lo Equipment shares_lc __l 19% 30% Crum & Forster Inc shares- Industries General 14.87 Investment 18 3 5 Continental 5.46 Funds— Automobile Inc 30% Co__l Ins Continental Fund—* Mutual Sayies Managed 9.28 Inc.—1 Vegh Mutual Fund Inc 1 rv^laware Life Life Ins Connecticut 6.32 a44.11 6.76 1 10.20 Investing Delaware Stand Stk Fund Inc—1 Consolidated Investment Trust-1 Vegh Beneficial Life Insurance Inc Western 27% 2% 28% 10 Camden Fire Ins Assn Inc... 26 Jt-10 (N Boston Insurance Co Columbian 1 Fund 7% 36% 1 6.25 Bankers <fc Shippers Bankers Natl Life Ins 6.70 5.80 Companies Maryland ' 33 5 American Surety Co Colonial Inc Fund 7% Co_5 'Newark N Ji„2'% 11.81 Investment.—l Fund Dividend 1 Assurance 17.57 Composite Bond & Stock De Fla) Home 12.65 Commonwealth Stock Fund Crown 229 16.07 100 Commonwealth Fund 116 220% 10.80 Inc Securities Composite 111 10 11.57 Preferred Concord 20 Heritage Life Ins— Investors Inc_—1 Inc.—1 Venture Fund Century Shares Trust Colonial Life Insurance Co of Va Lincoln National Life Lexington Trust Fund 25o Lexington Venture Fund-:—.—1 Loornis 15 A 26% Life Insurance 8.78 14% 25% 15.47 8.03 Life 17 33 % 22.23 —1 36% 24 14.31 Growth 2% 34% 30% 20.55 —.— Capital Christiana 1 Ask 2% 24% 1 Fund Chemical Fund Bid 15% 28% Amer Mercury (Wash D C) American Re-insurance__ 14.01 6.U 218 210 Par Lawyers Title Ins Corp (Vai_5 Lawyers Mtge & Title Co__65c Liberty Natl Life Ins (Birm>_2 26% —-—1 Fund Ltd Canadian 12.95 Co_ 69 National 15.69 9.17 65% 10 Amer Ins Co 13.03 (Speculative Com Stk)—1 (Low Priced Com Stks)_l Insurance (Jacksonville 18.71 11.94 143 10 conv American 14.24 17.14 10 7.79 Inc General (1954) Canadian Amer 9.50 8.71 13.05 Knickerbocker Fund 25.20 1 ! California $1.25 24.62 1 (Income Pfd Stocks) K-2 21.88 Priced 23.59 (Speculative Pfd Stks)—1 (IIlgh-Grade Com Stk)—1 (Income Com Stocks)—1 K-i 11.82 Investment——_1 Bowling Green Fund— Broad 8.91 8.20 B-l 20.35 America.— of 5.98 Custodian Fund?— (Investment Bonds>—A Surety Co Ask Equitable Assur 5 Fidelity & Casualty_5 preferred 5 American American Ridge Mutual Fund Inc—1 Bond Fund.l (The). Mutual & 10 Agricultural , Inc_ Fund Insurance Aetna Life Keystone Axe-Houghton Fund^'A" Inc__l Axe-Houghton Fund "B" Inc—5 Axe-Houghton Stock Fund Inc_l Axe-Science & Eiect'nics Corp lc of Casualty Aetna 11.3G 8.73 Trust Bid Par lc Inc Companies Ask Inc—1 Shares Business American Mutual 1.81 —1.25 Inc Fund Ask Bid 99.287 97.423 97.448 Volume 186 Number 5657 ... (359) The Commercial and Financial Chronicle THE COURSE OF BANK CLEARINGS Bank clearings this week will show a decrease compared with a year ago. Federal Third Reserve District—Philadelphia— Week us based $ Bethlehem country, indicate that for the week ended Saturday, July 20, clearings for all 1955 Inc. or S : Dec. Co 2,402,066 1954 $ $ 6.0 1,730,281 —26.0 1,905,096 1,960,699 1,723,182 1,512,64* 2,266,772 1,409,482 ; + 1,983.419 + 4,775.340 — 1.2 7.2 2,188,395 4,433,569 5,712,855 5,215,642 946,000,000 1,240,000.000 —23.7 1,190,000,000 1,148,000,000 —13.0 Chester of the July 13 1956 1957 ; Pre¬ telegraphic advices from the chief cities upon Ended *' Pennsylvania—Altoona liminary figures compiled by 47 2,006,864 Lancaster 1,944,465 " cities of the United States for which it is possible to obtain weekly clearings will be Philadelphia Reading 3,320,474 3,816,635 3,803,625 4,206,683* 3.1% below those of the corresponding week last year. Scranton 6,835.242 6,772,024 + 0.9 7,354.222 6,075,164 Wilkes-Barre 4,551,196 4,478.855 + 1.6 4,598,948 3,250,252 9,462,483 at $22,526,225,431 against $23,238,973,400 for the there is loss for the week a the week At this center week in 1956. same ending Friday of 3.3%. Our preliminary totals stand Our comparative summary for 8,526,762 —13.0 8,448.402 Delaware—Wilmington 15,971,893 17.764,710 —10.1 14.917.023 New Jersey—Trenton 14,314,852 20.951,641 —31.7 12,447,956 14,614,97fc 13,049,367 1,008,660,881 1,313,241,254 —23.2 1,253,155,507 1,203,061,954 York 7,415,243 follows: Total (11 cities) CLEARINGS-RETURNS BY TELEGRAPH Week Ended July 20- 1957 York New Fourth Federal Reserve District—Cleveland— % 1956 $10,999,818,975 $11,380,802,933 Chicago 1,217.087,995 1,270,797.638 Philadelphia 1,091,000.000 1,320,000.000 3.3 — Ohio—Canton 723,502,849 706,951,178 + 2.3 Kansas City 462.034,534 457,854.848 + 0.9 403.600,000 414,400.000 Louis St. San Francisco 730.524.000 — 708.480.434 Pittsburgh 496,423,974 459,242,067 + 637.161.435 4* 414,744,257 382,738,544 + 53,981,500 12,830,935 52,410,600 10,357,63® 13,276,481 15,742,492 14,270.219 +10.3 15,246,295 438,711,749 434,061.036 1.1 468,071,033 378,834,281 1,347,458,762 1,396,797,717 3.5 1,394,640,237 1,207,405,33® Pennsylvania—Pittsburgh 6.9 Baltimore 2.3 —lo.2 59,445,700 11,261,970 : — — + + 8.1 680,331,241 480,263,534 61,097,900 Youngs town 3.1 Cleveland 13,261,171 260,626,26® 543,154,311 577,957,131 Mansfield 2.6 + 12,976,724 233,379.434 7.7 284,752,055 533,259,982 Columbus Boston 5.4 3.9 + 13,035,095 273,639.123 Cleveland —17.3 13,745,543 Cincinnati 4.2 — 11,652,38® ,8.4 . Total (7 cities) i. Fifth Federal Reserve District—Richmond4.850,063 4.1 25,226,333 24,103,013 4.7 176,217,835 137,137,470 5.8 west Ten cities, five days Other $17,219,572,825 $17,738,429,077 i cities, five days — All cities, five days — $21,641,783,330 $22,322,216,022 884,442,101] one day Total all cities for week 5,046,859 Richmond 4,533,786,945 4,422.210,505 Virginia—Huntington Virginia—Norfolk 2.9 3.5 South Carolina—Charleston — — 916,757,378 3.1 7,218,260 6,451,88® 0.6 344,877,589 320,374,845 146,670.413 145,193,783 1.0 135,601,743 124,245,70® 725,003,431 1.3 695,769,036 641,655,5521 30,681.400 124,111,725 29,454 741 4.2 122,627, 418 1.2 123.952,283 106,093,9-77 363,400 000 3.4 374,700,000 327,500,00® 3.5 cities)- (6 18,872,00® 167,323,23® 355,369,207 353,351,302 __ District of Columbia—Washington Total $22,526,225,431 $23,238,973,400 — 8.8 8,349.895 9.088,186 ; 4,387.831 4,509,270 22,110,953 181,451.221 „ 715,600,931 Maryland—Baltimore Tctal all cities, — '■ 3.1 Sixth Federal District—Atlanta- Complete and exact details for the week covered by the foregoing will in issue of next week. our ends We cannot furnish them, tod ay, Saturday and the Saturday figures inasmuch as appear the week not available at time of going to press. are Tennessee—Knoxville Nashville - Georgia—Atlanta 375,700,009 7,342,856 ,—„ Augusta- In the elaborate detailed statement, however, which July 13. For that week there was present further below, week in 1956. this center Outside of this showing city there decrease of 5.3%. a ended decrease of 5.3%, the aggregate clearings a the whole country having amounted to $20,665,505,415 at we has to be estimated. able to give final and complete results of the previous week—the week we are same cases was a loss of 5.3%, the bank clearings according to the and from this In the Cleveland Reserve District the totals larger by 7.9%. are we note that in a falling off of smaller by 3.5% and are 1.3%, but in the I .Atlanta Reserve District the The Chicago Reserve District suffers St. Louis Reserve District by 6.8% a loss of 7.7%, the and the Minneapolis Reserve District by 0.1%. In the Dallas Reserve District the totals record City Reserve District the totals register a an the following we a increase of decrease of 7.6% summary 8.8 596,218 567,68® + 7.2 173,426,792 159,773,40® 1,224,140,917 (10 cities) 1,134,729,245 + 7.9 1,097,349,573 1,008,267,28.3 — 1.7 2,632,503 4.8 4.7 21,320,163 20,440,554 2,199,08® 17,411,811 10,449,03® Indianapolis South Bend Terre Moines 2nd New 12 cities 10 3rd Philadelphia " 11 York To«:al 1955 Dec. Co $ 792,785,919 818,428,526 10,441,256,571 11,072,344,247 " 1,008,660,881 1,313,241,254 7 " 1,347,458,762 1,396,797,717 " 715,600,931 725,003,431 6th Atlanta 10 " 1,224,140,917 1,134,729,245 7th Chicago 17 " 1,495,946,235 1,620,489,561 4 " 629,965,801 675,884,412 Cleveland 8th St. 9th Louis 7 City " 590,088,812 590,453,549 9 Minneapolis 10th Kansas " 621,328,939 672,668,944 6 " 510,695,426 507,296,020 10 " 1,287,376,221 1,291,587,843 11th Dallas 12 th San Francisco . — 3.1 757,225,394 1954 $ New York 20,665,505,415 City 21,818,924,749 10,753,622,242 " —109 Outside 11,355,976,486 -— \ [ u > 5.7 9,996,336,341 11,896,162,347 —23.2 1,253,155,507 3.5 1,394,640,237 695,769,036 4,565,102 138,201,053 7,995,015 46,558,944 15,762,947 1,694,151 1,217,312.698 7,103,857 15,536,556 12,109,721 week ended add our detailed statement — — — + — — — — + — 7.9 1,097,349,573 1,463,324,406 1,335,667,017 6.8 660,442,537 Total 637,648,220 — — Paul St. Fall North 0.7 510,086,146 488,244,257 0.3 1,212,242,322 New 5.3 20,321,809,458 10,800,848,037 1955 Inc. or Dec. Co $ 1954 $ 2,756,362 2.465.378 8,228,620 + 6.7 7,677,546 388,900.000 3.5 378,100,000 378,000,000 8.8 154.856,374 137,103,18® 122,325,304 0.7 124,545,515 119,699,554 3,027,060 6.7 2,940.648 2.845,47® 629,965,801 675,884,412 6.8 660,442,537 637,648,22® —11.1 10,747,672 12,035,820 397,015,358 393,158,419 146,264,9 10 10,799,230 5,631,b84 Dakota—Fargo — 149,595,876 10,537,581 4,707,596 7,757,334 12,610,923 590,453,549 _ _ _ + — Connecticut—Hartford New 672,650,242 4.1 620,595.902 12,968,145 Helena Total cities) (7 __— Rhode New —17.6 3,706,092 1,490.026 3,822,943 15,499,395 16,793,764 12,008,418 — 2.2 1,618,815 1.2 1,272,289 4,148,118 2.5 10.528,234 8,883,90® + 19.6 4,853.932 5,263,239 6,607,047 6,023,611 + + — Total 14,119,740 13,017,565 + 7.2 10,104,685 9,880,999 + 3.2 39,513,887 K a im s—T , _ 22,236,270 17,495,564 25,434,832 29,962,600 + 11.8 28,133,000 2,601,512 + 13.5 2,614,977 _ St. Joseph Colorado—Colorado Blnghamton — 818,428,526 3.1 757,225,394 994,463 1.7 156,817,421 165,306,165 29,744,664 446,056,811 14,532,348 9,273,423 13,261,917 6,548.2/4 a* + —11.1 _ Pueblo Total (9 < Elmira 3,034,524 93,220,144 3,971.901 4,044.652 —12.6 131,594,093 123,874,406 —13.1 3,250,065 3,138.961 9,911,883,173 10,462,948.263 38.982,955 40.071,229 27,615,127 24,509,595 + 12.7 Connecticut—Stamford 29,109.502 27,891.864 + New Jersey—Newark 71,231.152 76,022,855 Northern New Jersey. 76.601.163 79,205.306 10,441,256,571 11,072,344,247 New __ _ __ — York Rochester _ Syracuse Total _ (10 cities) 103,923,658 —26.4 (a) 140,618,124 2,637,055 , Jamestown 214,903,525 122,907,816 _ 13,871,50® 455,801,017 25,946,853 427,341,78:3 0.7 14,626,672 13,950,523 —29.4 8,578,381 6,144,809 3,738,733 — 0.7 31,338,506 • Eleventh Federal Reserve a) 672,668,944 621,328,939 cities)— a) — 7.6 691,767,249 — 12,620,455 424.632,806 - — 12,884,975 415,654.386 43.075,687 - nallas Fort 668,711,061 District—Dallas— Austin Worth" hZlTn.-::::::::: Wichita 44,093,224 + 2.0 12,615,107 12,612,757 2.2 425,238,296 408,822,037 2.3 41.042,735 37,111,79® 7,308,000 6,936,000 + 12.0 + — il'Sie'lS Falls—— 14,546,306 Total (6 cities) 19,842,596 510,695,426 Louisiana—Shreveport 1.9 7,079,935 7,098,521 —26.7 17,174,073 15,291,143 507,296,020 510,086,146 488,244,257 181.393,917 175.157,114 + + — — — 2,907,633 3,165,897 2,744,333 9,520,961.421 11,431,252,664 37,310.331 1 ^6,764,056 198G:9427;S Oregon-PoHfan"i":~—2^-«?4.4n 213 646, lit r KKS bS3T= San. Ian 32.665.478 L lose 673,778,283 28,316,522 9,323,906 '4.8-9.145 ___ Francisco Sl.lsl'.IoI 20,848,566 23.869.790 681.415,135 30.183.671 10.622,967 14.083.560 1,287.376,221 Pasadena 2.7 23,895,365 26,397,893 26,002.822 6.3 71.256,616 5.2 6.621,855 6,086,843 4.9 207,445.451 184,257.187 2.5 95,465,179 27,263,777 80,773,805 + —17.0 81.655.047 74.126.039 Total — ZZ~L- — i (10 cities) 14.5 20,151,602 17,676,80/ + 1.1 558,410.573 + 6.6 626,213,263 26,771,186 1,291,587,843 Grand total (109 cities) — 5.7 9,996,336,341 11,896,162,347 Outside New York City 20,665,505,415 7.938,413 6,881.553 5.7 12.977,679 11,236,809 + 0.3 11,355,976,486 < a,i Clearing operations discontinued. 1,212,242,322 1,084,868,205 5.3 21.818,924,49 10,753,622,242 20,584,832 + 13.9 — — 23,802,683 + 67,220.581 3.3 " Barbara Itockto® 19,374,233 4.6 Rant! 2.5 + — 35,686,041 3.5 5.3: 2.912,913 0.7 District—San Francisco— "gggr-*** (a) __ 11,749,740 —11.4 — 723,709,685 158,256,200 __ 866,934 10,549,253 — Buffalo ' 839,570 10,381.971 146,455,632 15-085.788 Springs 1,193,971 + 12.4 29,534,394 — - —26,1" —22.7 148,984,989 I— olTeka Twelfth Federal Reserve York—Albany__- 533,073,110 11,171,631 Missouri—Kansa8_City 2,536,435 792,785,919 — # 13,685,220 589,470,710 27,679,300 38,377.281 Second Federal Reserve District--New York— New 13.183,870 0.1 1,035,442 800,223 12,55/,524 — - - Wichita 39,002,272 —11.6 — 2,953,645 (12 cities) 2.8 • '1,137,076 840,235 Hastings 3,555,338 7.7 — 33.503,381 Island—Providence 133,791,580 3,180.353 — 39,585.480 Hampshire—Manchester 350,631,329 145,626.854 District—Kansas City- Nebraska—Fremont 597,209,005 4,026,850 22,473,164 Haven 8,794,231 399,527,709 —11.5 — Worcester 9,143,064 1.0 2.2 6,415,137 12,876,405 — 9,404,191 161,632,048 Montana—Billings TPvas _ 15,201,164 14,439.289 10,003,221,918 + 12.0 1,456,940 Springfield 16,038,087 0.9 21,434,474.582 5.3 3,031,438 3,776,043 Bedford 5,513,393 + 11.6 — 1,084,868,205 3,317,536 Lowell 983,459,89/ 6,309,720 147,408,618 123,228,770 3,228,413 590,088,812 South Dakota—Aberdeen 645,161,976 River 1,059,880,312 4.5 + Louis— £>862, <53 533,073,119 668,711,061 8,781,019 Massachusetts—Boston 1,636,12® 9.8 — 5,897,93® — - 589,470,710 3,396,935 Portland 1,765,252 1,335,667,017 — 691,767,249 First Federal Reserve District—BostonMaine—Bangor 38,472,60® 14,951,887 15,751,246 1,463,324,406 Omaha $ 47,822,134 1.6 5.8 + — 7.7 —- 0.1 Week Ended July 13 $ 3.2 — District—Minneapolis- Minneapolis 7.6 showing the figures for each city for the 1956 6,618,458 — 1,620,489,561 — Minnesota—Duluth Lincoln 1957 5.9 114,604,38® 5,652,25® 355.900,000 (4 cities) Ninth Federal Reserve 1,008,267,285 7.7 July 13 for four years: Clearings at— 4,347,614 127,581,071 1,495,946,235 ' now 5,016,472 1.5 6,584,091 - Tenth Federal Reserve We 9,163,723- + 13.3 — + 13.6 Illinois—Quincy 641,655,552 87,946,00® 10,252,108 1,207,405,880 1.3 9,355,87® 90,339,000 . Tennessee—Memphis 1,209,061,954 10,533,941 7.0 8,001,666 Kentucky—Louisville 723,709.685 2.4 + 27.5 9,087,512 - , ] Louis Missouri—St. • Total ' cities)] (17 + — 9.139,081 7,423,687 Peoria —17,331,054 Rockford 11,999.741 — — 11,899,768 Decatur Eighth Federal Reserve District—St. Inc. or 6 4th 5th Richmond 16.010.327 1,595,537 1,097,975,187 — 90,317,000 45,033,310 - Chicago by Federal Reserve Districts: $ 10,953,714 7.526,575 Sioux City Illinois—Bloomington and in the San Fran¬ 1956 20,795,118 136,116,310 — Iowa—Cedar Rapids 0.7%, but in the Kansas $ 1957 1st Boston — Haute Wisconsin—Milwaukee 2,543,170 *2,500,000 19,803,959 10,437,947 12,191,648 84,035,000 11,654,591 5,173.849 . Indiana—Fort Wayne < July 13— 13,249.299 + Seventh Federal Reserve District—Chicago- SUMMARY OF BANK CLEARINGS Week Ended + 18.1 723, 909 198,273,414 Springfield furnish 15,356, 317 192,733,68® 11,411,34® 184,939, ,525 Orleans Michigan—Ann Arbor Grand Rapids cisco Reserve District of 0.3%. In 166,660,009 787,443 for Des totals + 26.1 18,141,832 Mississippi—Vicksburg Total (including this city) the totals show in the Richmond Reserve District by 175,643, 721 221,441,104 5.7%, in the Boston Reserve District of 3.1% and in the Philadelphia Reserve Dis¬ trict of 23.2%. 171,829,33® Alabama—Birmingham Lansing the New York Reserve District 4,813,61(5 207,545.614 + Louisiana—New 6.147,931 6,713,546 5.7 226,100, 021 — 7,304,525 1.3 8,672, 975 8,560,075 239,101,068 Mobile 27,396,306i against $21,818,924,749 in the We group the cities Federal Reserve Districts in which they are located 6.0 7,810. 618 Florida—Jacksonville Macon Accordingly, in the above the last day of the week in all 23,201.287 20,321,809,458 21,434,474,582 5.3 10,800,848.037 10,003,221,913 r 48 Financial Chronicle... Commercial and The (360) ISSUES ENTIRE Foreign Exchange Rates Pursuant to the debs, requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank the different CERTIFIED BY JULY RATES EXCHANGE 12, FEDERAL 1957 TO RESERVE JULY ACT OF 1930 Del tec Buying Rate for Cable Transfers In (Value In United York New States Money) July 12 Argentina, $ pound British Malaysia, .0555555* .0555555' .0555555* .0238031 .0236562 2.221463 6% o-year deben¬ .—Aug 31 f. subord. debentures, ——Aug 15 Dec. Lutheran 1, Co., Ry. 4 %% Church 1st mtge. 1951 July 15 Inc., 4.48% prcxerreu Beaver 155 260 :—Aug Ltd.— guaranteed first mortgage bonds due 1976 & 1 .July 30 stock__ 1, Street Corp. 5Vz% 1966.. income loan ctfs. due —.July 27 —— this-issue. •Announcement in $In volume 185. ,0385356* .0385356* .0385356* .0385356* .0199250 .9199150 .325066 .325400 .325400 .325400 .324933 1.050312 1.050937 1.052463 1.051968 .208966 .208966 .208986 .209000 .00435401* .00435401* .00435401* .00285625 .00285500 .00285625 .238000 .238020 .238000 .208950 franc mark .0199125 .0199062 +. DIVIDENDS .00435401* .00485401* ;! .00285625 .00285500 .238000 .238000 (Continued from page 14) 91 .208875 India, rupee Ireland, pound Evangelical Lake Nov. 2.220467 2.220617 2.221762 1.050156 Deutsche A. '$291-0 July 29 — .0233639 .0199187 (Metropolitan), Germany, Wall .0555555* 14 14 cumulative $1.50 — _ dated 4*2% .0385356* Malayan dollar.. Canada, dollar Ceylon, rupee.. Finland, markka York New 1968 Wabush $ $ $ $ of — Texas Instruments, July 18 .0238031 2.220368 Austria,- schilling Belgium, franc- France July 17 .0555555' __ Co Investment Development S. Redeemer Thursday .0239698 — Free Australia, July 15 peso— Official Wednesday Tuesday July 16 Monday Oct —— series A, due 1961—— Sterling, Inc. 6% conv. s. bonds Friday Pag© conv. tures, due Noon 12-year debs, due Oct. 13, 1967-4--——Oct conv. Casualty preferred stock Firth Country and Monetary Unit due 1967 12-yenr 3%% INCLUSIVE 1957, Date ■•* Telegraph Co. 37«% American Telephone & Telegraph Co.— Citizens UNDER TARIFF TREASURY TO BANK 18, CALLED Company and Issue— American Telephone & certifies daily to the Secretary of the Treasury the buying rate for cable transfers oil countries of the world. We give below a record for the week just passed. FOREIGN Monday, July 22, 1957 .208925 .208950 .208900 +, .208875 2.786562 — 2.787937 2.788312 2.786875 2.786687 .00277912* .00277912' .0800560' .0800560* .0800560* .0800560* .261400 .261425 .261460 .261425 2.759282 2.760705 2.760333 2.758972 1% 2.759096 .140080* .140080* .140080* .496950* .496950* .496950* .496950* .496950* .0349000* .0349000* .0349000* .0349000* .193330* .193330* .193330* .'93330* .034«ooo* ■; .233325 .233325 .233325 2.776151 2.777521 2.777894 2.786562 Union of South Africa, pound United Kingdom, pound sterling.. 2.787937 2.788312 2.786687 A class 7% Crystal Dairies Transit Co., preferred and Federal Reserve Banks Combined Davidson in the Dallas District, net all reporting member * 9-15 .'..v. banks Dayton Rubber, 7-19 7-19 9-1G 9334C _ ...... 10-15 10- .4 B- 1 7-10 8- 1 $1.25 tquar.). 1S6.25 tquar.)... 7- 8 -8- 1 8- 1 10c common 12- -• ' 7-22 75c — 6 3-28 7-15 9- 3';c , 8-16 8-15 ; ::p!-2V) _ 35c ..... 9- 7-30 Lighting (quar.J_2___'4_: —•> 15c Inc. *( aua ...A-—u *%30c :;l. Daystrom, was , 8'"%e $1.75 i-_ • —... tquar.).... common 9-27 12-27 15c common* (quar. iquar.) « 60c (quar.)__— ' ~ ,8-31" ' 50c Bros... tquar.) Day-Brite they decreased $18 million in the Atlanta District; the at 10c , (quar.i ■ 3a4% preferred A tqirarr) Davenport Water, 5% preferred David & Pre re, Ltd., class B— increase fi-27 A + quar.)_ Dallas 'Nomina! Statement of Condition of the Twelve -'9- 4 ■v class non-cumulative Dana Corporation, San Francisco District, $22 million 9-16 8-15 ' 28c tquar.)—....—__ $2 non-cumulative 2.776275 2.786875 Apartments1 v 9-30 ,*p<41.75 i — $2 Daitch 2.77G463 ,Ji -$2 - Curtiss-Wright Corp.— .233316 :.1rr"V1,233312 * -. preferred (quar.) Cumberland .140080* .193330* prefeired-'quar<). Holder$ Payable of Rec. Share 8% Forster, Crystal Oil & Land Co., $1.12 pfd. (quar.i— .140080' —, Ac Crum .0800560* .261350 Mexico, peso Netherlands, guilder New Zealand, pound Norway,, krone Philippine Islands, peso Portugal, escudo Sweden, krona Switzerland* franc •When Per Name of Company .00277912* ,00277912* .00277912* 7-25 7-10 $2 class A (qnar>■ >" 7-10 De Laval Steam'*Turl)tne><25$% 6-28 Dean Phipps Stores,'common l 10c 8- 1 7-i9 5'/2% preferred (quar.)..i.-. 14c '3- 1 7-19 5% % preferred (quar.) 14c 8- 1 7-19 . $44 million. —— (In thousands of dollars) Increase ( + ) Demand the Gold account Total gold F. R. 999 845,608 2,481 8,441 reserves 21,941,060 3,480 801,557 354,373 46,762 46,575 355,483 25,064 20,462 643,795 264,465 191,935 651 certificate 103 263 notes of other banks Other cash ' Discounts and advances Industrial loans Acceptances—bought U. 8. Government they 809,998 21,0.95,392 notes Redemption fund for F. R. outright.. + $178 571,279 17,250 + 11,362,199 . Notes million Bonds Total U. outright repurchase S. Govt, —- ■+• 17,250 — 67,500 + 27,300 Bank 177,691 securities 23,374,141 securities.. 24,041,510 44,550 4- — 67,500 Other — 220,018 + Commercial Loans 87,288 Industrial loans....... and chasing 5,940,437 + 1,287,075 + + 180 + 10,345 + 12,935 + 15,793 52,973,308 + 1,148,518 assets + 1,370,157 U. S. 623 +2,449 310 -) — 122 — 2 Federal Reserve Member notesl U. bank 26,766,552 reserves 85,730 — + 324,297 U. 78,945 18,946,885 S. 162,716 Treasurer—general acct. Foreign 526,852 119,284 453,509 108,993 49,776 164,893 Other 266,561 12,571 7,584 Total deposits 20,193,807 Deferred availability cash items Other liab. and accrued divs Total liabilities + 294,651 + + 927,666 + 562,901 15,938 + 734 + 1,279 Loans 51.575,899 + 1,137,321 +1,258,278 Capital In paid 333,275 196 + (Section 7) (Section 13b) Other capital accounts 288,998 + 11.661 52,973,308 + 1,148,518 Total liab. & capital accts. ____ + 16,448 + 53,981 + +1,370,157 to deposit liabilities Contingent and F. 46.7% on for — 321 — 20 +1,110 $3.50 7 —1,753 44 —1,116 Duke — 272 7% — 10 — 237 Du •July 3 .2% 1,006 Dupuis Freres, + 443 — 596 Eason + 8 Ducommon 1 — 530 Eastern 21 + 171 6% + 266. figures revised. valuation tExclusive of — 178 544 — 74 loans banks to individual loan items reserves; are — 1,758 1 after $7 preferred gross. $G preferred B Condition Statement of Member Banks The condition statement of weekly reporting member banks of the Federal Reserve shows principal . July 10: System in leading cities changes the for week Decreases of $310 million in loans ad¬ justed, $321 million in holdings of Treasury bills, and $1,186 million in U. S. Government deposits, and an in¬ crease of $443 million in demand deposits adjusted. Commercial and industrial loans decreased $122 mil¬ lion, ;. * * of which $103 million was Changes according to industry in appear New York City. in another Loans to brokers and dealers for purchasing or carrying U. S. Government and other securities de- creased $138 million Chicago, and a total in New York of $182 at all reporting member banks. The decreases in the largely in the New York Chicago Districts. Holdings of U. S. Government bonds increased $28 million in the under for sinking redemption, fund the current volume provisions. Class 4% given in the "Chronicle." OF TENDER Date Indian Head Public Service 1st ref. mtge. s. f. bonds Mills, Inc., preferred stock j. : Aug Aug Page 1 210 1 t2915 July 22 217 Coordinated Transport, 4%, 5%", 53i% and 6%, 1st ref. mtge. bonds due Jan. 1, 1990. PARTIAL Date Page $5 Chicago Great Western Ry.— 3%% bonds due Aug. 1, 1969 Plywood Corp., 5% German United Evangelical cumul. conv. Lutheran pfd. St. gregation 1st mtge. serial bonds dated Jan. Kings County Lighting Co.— St. 1st Kosta 15, Pacific 1st mtge., 5V* % 212 213 Fairbanks Fall 7-15 1 7-15 1 7-15 7-30 7-8 istock (quar.i . div.) 100% tquar.) 15c : ... pfd.-iquar.)__ pfd. 60c preferred tquar.) $10c * Stock 7-31 6-29 7-31 12%c 9- 15c 8- 1 dividend 6-29 1 8-15 ' 7-12 40c 9-1 $1.121b 9-1 8-30 7-12 9-1 8-9 ST^c 9-10 8-30 10c 8- 9 7-191" 8- 1 15c 8-9 8-9 7.-19 62V2C (quar.) ■ 1 7-19 $1.25 (quar.) 8- 9- 1 8-9 12- 1 11- 8 1 7-19 $1.50 37%c , 25c 51 155 9-21 $1.25 Congregation 1st mtge. serial bonds.July 15 s. f. debs., due Feb. 1, 1962_Aug 1 July 31 7-Hi 1 tquar. I Ltd., 8- $1.40 8- 7-16 ^ 20c pfd. iquar.) (quar.) (stock dividend! 1 8-15 7-31 Insurance Co.— $3 tquar.) 10- 4 5c Quarterly Fern+Corp. 7-30 S3.50 (quar.) tquar.) Federal,-Insurance Co. 8-15 15c preferred Federal Oil Co. (N. J.) - „ (quar.) Co. - 50c Federal : 7-15 ;; Fate-Root-Heath * 7-31 14i% _ • Co.— 8-15 (quar.) Co., 7-15 t'. <-8-30 .' 8-30 (S-a). tquar.) Co. 8-15 5 $1.25 - — 6% 7-15 $I.18«:»-- ... $5 7-15 8-15 5%. ... 50c 9- 7-26 40c quar.) 9-26 25c 7 Grain 7-5 8- Corp., Gas 1 8- $1.50 8- 1 1959 8- $1.75 J 8- 1 Co., Co., 9-16 9-li ' * . 2 1 1 (quar.) 50c (quar.); __—$1.12L» of Amer. tquar.) 25c 1 bonds, series H, due 1983— •%.- • 7- 1010- ^ 7-5 Aug 1975 debentures due 7-22 7*ac' 7-12 ...'Aug due 7-15 7-26 Farmef$":& Traders Life 6% 1 45c * Corp. 8- 7-12 preferred River 7-15 25c (s-a) p^ferred 4 1 • — (increased Falstaff Brewing Seabrook Farms Co., 3%% Southern - Con¬ 8-30 8- 1 1950__July 15 mortgage bonds Investment Stanislaus ........Aug 1 stock Aug 10 Peter's 9-16 clears Co., common (quar.) preferred (quar.) Railroad 7-31 10- 10c Pittsburgh RR., 7% pfd.-tquar.).. Erie Forge & Steel Corp., com. (quar.i 6% 1st preferred (quar.) Erie Company and Issue— $$1.75 & 2nd 7-15 7-31 7-26 Corp., common $2 pieferred iquar.).: 5% REDEMPTIONS 4 1 S-15 45c Equity Erie 7- 3- 8-15 iquar.).1.1,4" common iquar.) conv. 7-31 10-15 Co preferred $4.50 3-20 17:aC Ry.— payment taccum.) Co. Equitable Gas Company and Issue— Baltimore Gas & Electric Co., Coal preferred 60c 9-10 Corp. dividend A 9-10 9-10 430c (quar.)________ Street 7-10 1 common Equitable Credit - NOTICE Stock 7-25 10-1 10- 12%c Empire Millwork (stock dividend)^ Employers Group Asso. (quar.)__^_ Emporium Capwell Co^-7% preferred Enamel & Heating Products Ltd.— (except where otherwise indicated) in which the details were com. taccum.) preferred Mfg. 8 25c 414c Ltd., ... Horn 7-10 35c 410c -- Empire District Electric,-5% 4n4 % preferred " tquar.4'1 ing tenders, and the page number gives the location in Lawrence were called called stock common The date indicates the redemption or last date for mak¬ 3 Vc % holdings of Treasury bills and and including those General City, $31 million in million . preferred press release. 11956), Machine Ltd. Products, Emhart 7-25 30c .... Elgin National Watch Co. Elk ended. A Elastic Stop-Nut list of corporate bonds, notes, 8- $1.50 and Notices 7-18 8-15 $1.75 (This Electronic Associates a (increased quar.). (quar.)—; Assn., shown '4V2% 7-30 oc ST'.sC (quar.) Eastern States Corp. iMd.)— Redemption Galls and Sinking Fund 735 — 17c Co.— ... Racing 7-15 capital Incomei.. common.^—- tquar.) preferred 7-2 . $1.12',a Extra 19,056 8-1 8- 1 Supply iquar.) class A (quar.) preferred J 7-3l *6-28 7-11 8-16 9-14 ^20c $1 preferred 1.0% + & Massachusetts 1st Eastern 513 7-30 '7-15 f ' realized net Canada Ltd., Co. arrears) 792. 425c ISI'jC , iquar.) preferred conv. 88 + ' 7-31 Ltd.— Ltd.— Nemours Metals Oil + i 1 8-23 440c East Kootenay Power Ltd., 7% pfd. taccum.) Eastern Industries, Inc., com. tquar.) 1,652 + 1,346 8- 415c tquar.)...^ of Co. 200 Ekco commitments... following Pont + — 64 $37*2C (quar.) iquar.) earned Co., common 104 70c Below will be found the & 1,662 Banks 7-15 a.. tquar.).— Bradstreet (irrcg.) 10,664 Reserve 7-17 1 8- preferred 127 . deduction of Power 225 deposits: others 6 /8 7-31 tl21-/zc from De preferred preferred $4.50 Dun I.) 9-20 25c Lid. Co.. Cloth, from 8-1 1 10- 7-30 ... (14c + + 39c 215c 'quar.) Wire 3c — —1,186 Coal, Ltd. Chemical 9-13 8-15 ' $17Vac tquar.') Linoleum, Ltd. As — 4,003 • . — Laboratories, du Pont (E. 23 23,568 banks Federal and Film 4.80% demand From Ropes gains + 54,750 :_ . participating preference B tquar.). Du-Art — & (quar.) 1,026 adjusted Ltd. & Dreyfus Fund +1,430 +,. ,... (quar.) & Tar 2,359 banks From accept¬ foreign correspondents loan 329 13,351 Banks Borrowings: * Industrial 497 1,089 __ Ltd. Easy Washing 63,910 liability 26 + 290 + _ iquar.)_______^__-____— Steel 80c note combined purchased ances R. + — + — 18,316 Time deposits except U. S. Government.. U. S. Government deposits 41~450 Ratio of gold certificate reserves — 4,236 _ preferred Oilcloth 7,589 deposits Foreign 7-10 Common LIABILITIES— Demand 27,543 747,593 108 1,455 Balances with domestic banks Domestic Surplus — 8,645 _____________ Reserves with Federal Reserve Cash in vault ACCOUNTS— Surplus 22 26,020 indebtedness.. banks Interbank CAPITAL :— 2.013 bonds to 8-1 Donald hills 7- 8 9-20 Dominion Stores, 625 1,162 Other securities 369,801 4,599,602 S. •— 11,324 Treasury certificates of Treasury notes Deposits: 182 4 . 2%c ... , Dominion 28 — 21 7- 8 ■ 7-10 iquat.) Inc.— ; Dominion +3,480 1,710 ... 8- 1 7-23 Dominion securities—total. 12- • 6- 1 " 7-31 ... ... Corp. Dominion; Bridge, 3,050 carrying or „ 5 * 15c tquar.) Dominion Fabrics Ltd., com. (quar.) 2nd conv. preferred (quar.) . — 8- 12-15 45c :37VaC \ Dominguez Oil Fields (monthly). 1956 —* , 8-5 *' 7-24 Dome Mines, July 11, — 31,755 8-5 9- 3 3 S2 $1.56 pur¬ loans Government Treasury LIABILITIES— for carrying securities....... or Real estate loans Other Total assets dealers Other loans for purchasing securities 429~0G1 79,592 — and 9-3 62%c iquar.) Shares, . f, • 'Quarterly from net investment income) 87,581 431 brokers to 8-1 7-9 9- Dodge & Cox Fund—Beneficial shares.iiSt Dodge Manufacturing Corp., com. ( increased) ST'aC 53,972 - (s-a)_. common (quar.).; Dividend mem¬ 1957 Co., Corp. Divco-Wayne (in millions of dollars) \ Loans a'nd lnvcstfhents adjustedt Loans adjustedt 22 . *July 3, — 8-15 40c <quar. >: (quar.) preferred Discount ' 110,191 260,831 premises $1.50 Decrease (—) Since July 10, voting Co. (quar.) 7-31 40c S2 Light "85i+debentures, Diamond. Match Increase ( + ) or 582,500 As class A $2.50,Jo $3.50 1st preferred decreased of assets and liabilities of reporting 50c 45c (quar.) tquar.). Denver.Tram way Corp.— decreased 429,500 + Mfg., Common Loans to banks decreased $10 million. A summary Power Dennison District. Banks 1957 23,306,641 agr't Due from foreign banks Uncollected cash items York Glassine Delaware District, but others from Agricultural loans Total loans and New Reserve borrowings ASSETS—■ bought under — Deerfield decreased in all districts. 2,801,750 Total in ,' Federal and the in 24,691 — + 8,571,413 Held million ber banks follows: — Certificates $89 from million $74 million. Bought outright— Bills decreased Borrowings securities: $169 increased in the Kansas City U. S. Government deposits 5,807 22,923 adjusted Chicago District, $65 million in the Cleveland Dis¬ trict, and $63 million 1956 1957 1957 certificate July 18, July 10, July 17, ASSETS— deposits or Decreas^ (—) Since 435c 20c 10- 1 8- 1 7-15 8- 1 7-18 9-10 9-14 8-30 2V2'"'- 7-25 7- 5 40c 9-20 9- G 2% 12-20 11-29 • Volume 186 Xumber 5637 The Commercial and Financial Chronicle ... (OOIJ Per Name of Company ", Fidelity Sc Deposit Co. (Md.» Fifty ■ Asso. (Boston) (.s-a) " . .__ National City Bank Fleming Co., 5> 5%- Ford " 7-12 * 7-12 Hoover 81.75 8- 1 7-lu Class B 4hi:Vr> IIordcr*s, $1.25 - 8- 1 10- 1 7_26 3% 8-26 7-12 32%c common __$0.215625 _ A 7-15 ' 8- 1 7-19 8- 1 B <qu.ar.) 7-19 J$1.25 9-16 8- 9-16 8- .Long Island.', Fraser 5% 7-30 7-10 (quar.) Stores Brick Fraser Cos., Ltd. <quar.)_ Fresnillo Co. (quar.) •Above payment less 15 % Realty Freiman (A. 7-26 7-12 7-26 7-12 * 7-29 9-18 9- 3 Illinois Brick l0c <quar.)___; *12 Vic _ 8-15 8- «VjL Preferred .quar.)__ Company Fuller Brush, Class n_15 u. 8- , 4.26'0 7-19 4.42% 7-19 1 4.70% $3.5C 1st preferred, (R. 4%% E.) common <quar.) preferred' tquar.) preferred preferred Gardner-Deirver 4',€ Co., -quar.) Bakeries, Ltd. tquar.) General Baking Co.. common preferred (quar. $8 General Cigar General Crude 1 8- 1 7-2Q 8- 1 ,8-1 7-31 7-22 7-31 7-22 6% 9- 3 8-12 8-1 preferred institutional Growth f und income plus Interchemical from securities profits) 15c Corp., $3.50 preferred series A General Steel Wares, Ltd., preferred (quar.) 5% 1 9-17 General 4!ad . preferred 7I10 7 8-1 8 7-8' $2 — the 7-17 Ironrite, jack & Ilcintz g. « 7 1 M Jantzen, Inc., common (quar.)_. 5% preferred (quar.)-— 7-9 Jantzen 8-1 (P. H.) 8-1 7-15 8_ 1 7_10 q-3n Jewel Tea, 3%% preferred Joy Mfg. Co. (quar.)_. 10-1 9-3 1 7-10 Va" (quar.) (quar.) 4L class A Co., 9- 8- 1 3 7-19 7-25 7-10 ; (quar.)— 7-10 7-15 Kansas 7-15 4(4% 4)2% 1 7-15 g_ j 7_22 5% common Gross . (K. L.) Co. (quar.) Telecasting Inc., common Class Growth .' g_ 7_ J 9-16 Monthly Monthly 8-15 7_31 50c 9-16 9- 3- 8-98 $2 7.10 3 4 9-16 8-24 12_16 n_2a 8-30 8-5 , .. , (71c from and 4c from investment Life Insurance income) pieferred Quarterly Quarterly Klein • Eros., 1 7-15 9 9 7.25 75c 7-31 7-17 8-1 7 u 7 15 9_ 9 8 i2_1G 19 n_2s 9-3 12_ 8-1 2 x 1]L_ 2nd preferred <quar/)_ 60 Kobacker Hallnor Alines. Hamilton 5(r •Hart Cotton. preferred Hartford • Ltd. Electric Schaffner ihwu p.) (interim) com. Co., Light <fc tquar.) Marx (quar.) J'' 3»4«; Hercules 7C£> I ( , , Hercules Hees (George Higbie Mfg. H.), Co. preferred Extra La — Holly - . Stores. 5'& preferred Holly Sugar Corp., o'y conv. common $0 2nd preferred 1st pfd. (s-a) ts-a.— — 8-15 $1.05 1 13H4C 7-31 7% 8- 1 Woods class ( inc. quar.) (Brooklyn) — (s-a.t 1 B 8-31 $1.25 8- 1 8- 2 Lanston 1 8_ 7_ig y 8-1^ 8-1 8-15 8- ^3 7-25 * 7-17 1 8-T '-'c7-I5 10c 8_ x 7.15 9.15 9_ 5 12_16 12_ 5 f45c 9-25 - _'_ 8-15 7-31 1 preferred (quar.) Ltd., class A (quar.) $2.50 9- 1 8-15 9- 1 8-15 9- 1 8-15 9- 1 8-15 $1.12% 32 tie 9- 1 8-15 10- 1 9- 6 $1.06 V4 10- 1 9- 6 10- 1 10- 1 99- 6 6 7-30 6-27 8-20 8- 8-15 5 9-15 9- *20c 9-26 8-30 8-10 8- 4 9-12 8-29 9-14 9- 2 3 15c 8-24 8-15 7-31 7-18 S-12 8-20 5c 7-22 2 7-10 Leeds Northrup Co., Stock 3.85% Lehigh Valley Lerner Leslie Lewis Stores Salt 7-31 9- 8- 3 9-30 1 9-16 9-30 9-16 12-31 12-16 12-31 12-16 8-T 7-10 7-10 1% 8- 1 8- 9 7-29 *15c 7-31 7-15 7-15 7-31 7-15 7-31 7-15 $1.25 9-12 8-31 12-12 11-30 15c 7-29 7-15 9-10 9-10 7-25 7-10 2% 7-25 7-10 31'4c 7-25 7-10 7-25 7-10 96V4c 8- 1 7-15 30c (quar.) 4%% 1 1 31V4c — —.— 10- 10- 15c (quar.) common 35C 62 Vic (quar.) Corp., pld. $1.12Vi (quar.) 3-23 8- 1 8- 9 7-19 ;—— (quar.) 40c 9-16 8-15 $15c (quar.) Ltd. *15c 7-31 (quar.) — RR. Co. Bros.. 7-31 6-28 7-31 8-15 7-31 9-10 8-30 7-25 10-15 7-15 10- 1 8- 1 7-15 5 8-22 $1.0614 8- 1 7-10 $1 8- 1 7-10 *$1.25 62 — lie 8 lie \7-31 8- 1 7-25 7-17 7-10 7- 1 *$3 10- 1 9-16 $3 8- 1 7-24 5c 7-28 6-15 20c 8-26 8-15 15c 3-26 8-15 10c (accum.)— — Co._ — r1 7-25 6-28 Trust- Investors from net income— Valley Ry. — $3 (s-a) B — 4% 10- 1 9- 3 8-15 9- 3 8-15 93 %c 9- 3 85c 9- 3 8-15 15c 3- 2 7-22 75c 8- 1 7-15 *15c 8- 1 7-15 8- 1 7-15 *40c 8-31 7-31 7-10 (quar.) 15c (quar.) Co., 5% 1 $2.50 pfd. (s-a; class A (quar.) 88- 1 8-15 7-10 25c 7-31 7-17 IV4C Inc., 7-31 ■,7-17 *50c 9- 3 8- 50c Mines Ltd. (quar.) McKee (Arthur G.) & Co. (quar.) McLean Industries (stock dividend) 8- lr 7-10 share of Gulf Shipbuilding and one of Afar Tierra for each sh. held) (One 10-31 55c 93 %c (quar.) Porcupine Mclntyre 7-15 *25c McGregor-Doniger B 1 7-18 7-31 — Ltd., 60c pref. class A (quar.) & 7- 7-29 —— (quar.) (quar.) Corp. 1 8- 20c 20c share ; McLean 35c Quarterly 1 7-19 Lincoln I 6-28 $1.50 8- Link-Belt Liquid 3 V2 % Service, common preferred Co. 10-10 (quar.) 8- 1 7-11 8- 1 7-11 25c — common preferred (quar.) 11--1 9-12 8-26 37 Vic (quar.) (quar.) Corp., 7-10 50c tquar.) (quar.) Carbonic 1 8- 87 Vic common (quar.) stock. B 8-10 1 6-24 - Trucking Co.— Stock - • - dividend McQuay-Norris Corporatiqn, common (quar.) 4%% preferred (quar.)— Shoe Corp., common 4:%% preferred A (quar.) preferred B (quar.) - Co. preferred Ontario Paper 7-20 8-16 11-15 11-30 8-31 8-16 11-30 11-11 1 7-16 7-31 7-20 8-15 7-30 7-31 7-19 8-10 7-26 8-30 8-15 9-12 8-26 6 75c 9- 3 8- 50c 9- 1 8-15 87/2C 9- 1 8-15 8- 1 8-30 1 7-15 $1.09 20c 8- 1 7-15 15 6-25 8- 7- 75c 10- 1 9-13 $1.10 3- 1 7-15 $1.20 8- 1 $1.12% 8- 1 50c 7-29 7-15 8 8- 1 7-11 $1.50 8- 1 7-11 15c 10- 8 9- 9 8-15 8- 1 75c — (quar.) t45c — (quar.)_ — Ltd. 1 8-30 10- 1 8-30 t$1.75 7%c 10- 1 9- 8-30 8-15 7-26 7-15 7-31 7- 3% (quar,)- 3 6c *25c (Initial quar.)—— ) 6% pfd. (quar.) Co. 10- m.75 Royal Rice Mills, 7-31 7-15 7-18 4 View Diners— Mountain (stock A dividend) - ,) (quar.) 56V4c 8- 1 58c 8- 1 7-15 (quar.)—————- 25c 7-30 7-17 25c 7-29 7-10 $1.75 8-30 8- 9 25c 8-15 8- 1 25c 8- 1 7-15 25c 8- 1 7-15 10- 1 9- 0 1-2-58 12- 6 Narragansett Electric Co., 4V2% pfd. 4.64% preferred (quar.) Aeronautical National National Airlines Inc. National Biscuit, 7% National Casket (quar.)—— Co. preferred (quar.) Welding Electric National (quar.) —— Machine .) (quar.) National Hosiery Mills, Ltd. A *5c (quar.) A *5c (quar.) National Lead Co., 6% pfd. B preferred (quar.)_ National Theatres, Inc. National-U. S. Radiator (quar.) Corp. 8 8- 1 7- 8- 1 7-22 12 Vic - $1.50 15c (quar.) 8- 8 7-25 National Steel & Shipbuilding Corp.— 6% 7-15 7- $1.05 (quar.) pf<V preferred B Class 5 8- 9-13 $1.14 — Mt. Clemens Metal Products, Class 7- 40c 50c (quar.)—.. — Corp., Ud., common Class 1 8-31 35C preferred A (quar.) Mount 8- Service— Investor Products 10-10 35c (quar.) $0 preferred (quar.) Montrose Chemical (quar.) 7% 7-12 1 $1.06% $4.20 preferred Moore 6 1 11- Inc.— —-— 7% 12- 8- *50c *$1 Monongahela Power, 4.40.0 pid, (quar.) 4.80% preferred B (quar.) 4.50% preferred C (quar.) ) Montana Power, common (increased-quar.) Moore 12-20 *25c $1.10 — (irreg.) partic 7-22 9-13 37 %C (quar.) Ltd Mississippi Glass Co. (quar.) Mississippi Power & Light— 4.36% preferred (quar.)—— 4.56% preferred (quar.) Mississippi Valley Barge Line (quar.) $3 1 $1.12% Minneapolis &" St. Louis Ry. (quar.)—— Moody's 8- 9-30 56 V4c 4(4 % preferred (quar.)— Minneapolis Gas Co. (quar.)_—,— Class A 8-16 Co.— Piping Co., Inc & 7-19 8-16 1 $1.12% Midland & Pacific Grain, Minnesota 1 1 9- Co.— Electric Rhoads 8- 9- $1 56 Vic — — 4.40% 2 12 Vic common.,—- — — Midwest 8- 30c Ltd., pieferred "$50 par" (quar.) 4%% preferred "$50 par" (quar.) 4'/2% preferred "$100 par" (quar.) 4Vu% preferred "$100 par" (quar.) Gas & 1 30C 4%% Michigan ■9- 32 Vic (quar.)— & 2 $1,061/4 Insurance (N. Y.) : Michaels,' Seem 78- Scott— & Quarterly Quarterly — Mexican Light & Power $1 preferred (s-a) Meyercord 1 1 $1.18% ------ (s-a) Merritt-Chapman 89- 45c (quar.) -— 4% Merchants & Manufacturers 1 30c 40c (quar.) Mead Melville 7-19 25% Mfg. . 35c Quarterly series and A National Chemical &; Mfg. Lincoln National Life Insurance (Fort Wayne) 8- ._;7-10 12-27 8-1J 30c —— dividend preferred 8- 6-28 1-10-58 $1.25 *25c preferred B (quar.) (James) & Sons— Lees 30c «j-JM0 9-27 $1.25 $5 preferred preferred A (quar.) 31 Uc 1 7-17 10-10 *15c 5% Printing, 1 7-31 15c — (s-a) Co., common tquar.) preferred (quar.) preferred 8- 8-15 1 9- _— McCormick 7-15 — : (quar.) Lawrence Investing Co., $5 preferred (quar ) $3.50 8-, 1 7-15 — (Oscar) McCall 7-18 7-29 15c — B (quar.) preferred (quar.) ' 8-31 i$2.50 H 1 ----- (quar.) A — Co (special) Hegeler Zinc Co dividend Class 7-15 8- pM. McColl-Frontenac Oil Ltd. 7-19 * 15c — Acceptance, Lincoln ?$2.50 CO 8- 8 Indemnity & Life Insurance— McCabe Grain 7-10 8- *15c — Industries Laurentide 7_n 7-11 8-15 (quar.) 4%% (quar.) —. 7-29 *15c -— dividend Leath & 7-31^ 8 *3114c (quar.) preferred (1947 series) (quar.) preferred (quar.) & Co. (quar.) Maytag Co., $3 preferred (quar.) 7-15 25c partic. pfd. $3.40 8-25 6c tquar.) Plus — Lear, Inc. 8 7- 25c $3.75 Alayer 7-15 *$1.75 — A (quar.) Class B (quar.)— Partic. class A (quar.)—— 7-16 7- 8 1 5c Department Stores, common $3.75 preferred (quar.) 7-15 8- 20c tquar.) preferred tquar.) (Alfred), Inc.— ?.» 7_3p 7- 8- . 80c Electric Stock 7-1G 20c Lambert 1 7-25 7- 1 ————- May 8-15 15c Telephone Banx , 30c 10-23 1 8- 25C — — Matthiessen & 8-15 1 9- Milling Co., Ltd.— 37Y2c (quar.i. (quar.) preferred (quar.. Holt, Renfrew & Co., $5 (quar.) common the 8- 45c Hinde & Dn,uch Paper (Canada) Ltd, (quar.) 1 9- 40c Lake of I 45C Common 9- 97 V2C 20c —.— Quarterly Lafayette National 7 $1.50 Hilo Electric Light Co., common , S.) Crosse 8-23 1 1 8- $2.50 — Massawippi Master 8-15 20c (quar.) Co. (quar.)—— Salle Extension University g_ 7. 11- 10c Products Products Screw Miller & $1.20 7_3i 7-23 *22ViC 5% & Co., preferred Quarterly 7-12 1 7-15 5% 98 Sport Massachusetts 7-12 1 9- 17 Vic (quar.) Class ,53Vac ____ 1 8- 10-15 5 15c .— 8- 20c 1 9 '*■ (quar.) $1.05% 1 9 7_i5 1 Co.— —— Quarterly 7-12 8- rI $1.25 <quar.)l.. 1 6c (quar.) 5% 5:y preferred (quar.) 8- 11- g_ 35c Hershey Chocolate Corp.— 414V- preferred series A (quar.) 45c Ry. (quar.)— preferred B 8% 9-16 $1.75 8 1 9-20 8- (quar.)— Co. Massachusetts 9-16 $1.75 8-15 93s/4C (quar.) Powder', 2 Co. (R. II.) Masco 8-15 10-16 10-16 25c (quar.)——— preferred (quar.) Kropp Forge Co. (quar.) 9-3 45C tquar.) Products Galion 9_ SG^c preferred preferred „ 9-10 15C .Hayes Industries, Inc. (quar.) Hecht Co., common (quar.) 8-30 *60c Louis — Extra $2 5c St. Quarterly from income-. Sugar, Ltd., 6% pfd. (s-a) Refrigerating Co.— 9 9-14 Stock 8_i5 1 Manhattan 9 8- 8- 7-15 ::: 06, LM. Corp. of America, 4,/2^ pfd. Haydock Fund. Inc. (quar.)__ 8- 8-31 1 40c Hat ; 8-30 50c 1 8- 9-25 1 $1.11 — Manitoba 8-15 9- Lanolin 60c 8- 10- $1.24 Corp., Ltd., 5% pref. (quar.) Mallory (P. R.), 5% convertible pfd. (quar.) Manhattan/Bond Fund, Inc.— 8-19 3 10- 7- 5 1 7-12 30c $1.04 Mailman 7-10 9- 50c 75c tquar.) 1 9-10 $1.50 % 22VzC (quar.)__ Ltd. Stores tS. JS1.25 Ltd., tquar.) Macy 4% 1 1st 7-22 f.gc (quar.) Mines Rubber B.t Kresge 35c 75C * ..Halliburton'-'OH Weil Cementing Co. Gold Creamery, common (quar.)— cents preferred (quar.) 25c (quar.) Steel MacGrcgor 3 Gc —— Department Stores (I. Partic. $30c (quar.)__ 12- 30c (increased) ———-— tS.) Kleincrt La $1 25 common 1-2-58 7-25 8_ 8-23 $1.75 (quar.) (semi-annual) Lawrence Power Co.— MRA Holdings Ltd., 5 100% $1.12 Vi $1.25 2% _______ 2nd 8- $30c Co., A — 7% 8- $1*25 Hagan Chemicals fz Controls. Inc. (quaV) Knudsen Class Halle (quar.) (quar.)— 7% 1 Ltcf. _______ 8- 3 $1.08% 8-20 1 8- 12'/2c (quar.)_ 7-10 9- $1.05 7X0 9-15 11- "" Gypsum Lime & Alabastine of Canada, 7-30 *15c $1 preferred (quar.)— 2nd preferred ,(quar.)—— 40c (quar.) 9-21 95c .6% capital Gulf, Mobile & Ohio RR. S5 preferred (quar.) $5 $2 37y2c 7-10 8-23 9-15 $1.75 (quar.) (quar.)--, preferred (quar.) series common -—— Kroger 20c 7>^c Shares 7-15 3 60c (quar.)———— Inc. Kerr-Addison 50c tquar.)__ ■ 75® $ Light Co., preferred Kennametal, 18c (quar 1 Industry sources Gulf a B 1 10- 22 Vic Kayser (Julius) & Co. (stock div.) 1 iGreat American ..Green & preferred preferred r- $25c tquar.) Power 8-15 $25c Indemnity Co. <N. Y.)^— Quarterly —^ I Greeley Square Building (N. Y.) (liquidating) ; 5':'e conv. preferred tquar.) 8- 20c 933/4C City Power Light— preferred (quar.)—— preferred (quar.). 4.20% preferred (quar.)— 4.35% preferred (quar.) 4.50% preferred (quar.) 60c - 3114c 15c 4% 7-25 8- preferred preferred Lynchburg Gas (quar.)— Lyons-Magnus, class B 9-13 $1 tquar.) 1 9 62 Vic 1 (quar.) preferred Class 3.80% 8-1 +50c quar.)_ (s-a 1 Jnion 1 non-cum. Kansas 8-1 l2Vsc Mfg. I__ Goodyear Tire & Rubber (quar.) ,Goodyear Tire £s Rubber Co. of Canada— Grafton & Co., Ltd., Class A tquar.): — 12-21 89- Company's common stock reclassified into 45c Goodall Rubber Co. 1 *40c (quar.) Corp. (quar.).—— Jorgensen (Earl M.) Co. tquar.) 56i/4C 50c Y.) 8- non-cum. 5% 9-3 10-1 $1.12 (quar.)__ Semi-annually ,Giand "t n- 10- $1.25 40c preference (quar.)— Gould-National Batteries (Increased — Co. Jervis $1.27!/2 " common — Jersey Central Power & Light— 4% preferred (quar.). 8-15 59%c (N. Ins. 55c (qu^ir.) 10- 20c (quar.) (annual) Life 45c -quar.)_____ .Grace National Bank Canada Standard 2 53 VcC preferred pfd, — 9_ 4%<« preferred (1955 series) (quar.) __$0.57811,4 .Globe & Republic Insurance Co. of America Goodman convertible (quar.) 55C _ ' 5r<? Co., preferred of 55c 1-1-58 15c $1.21 pfd. 5% Louisville, Henderson & 7-17 7-4 Southwest— ~T 4(2% —.—-- 1 os Inc., — ———— (quar.) Glatlelter (quar.) — > ^15i0i'^Preferred ,quar^ Gimbel Bros., common ; (quar.)'-; 8- 50c c<Mlv- • preferred (quar.) '% .General ?Waterworks, preferred 9-20 45c (quar.) (quar.) Louisiana Power & Light, 4.96% pfd. 4.16% preferred (quar.) 4.44% preferred (quar.) 8-19 2 93s/4c (quar.)-—-—-— preferred Jefferson (quar.)____ *50c 9- $1.09 (quar.) Iowa Public Service, com, 3.75% preferred (quar.) 62i/2C com. *37 Vic *75e — tquar.) 8-15 " V,.,4.40'{. -pieferred-.'quar. r.,_ 4.75couv: Pfft. -quar. "W preferred Dock, Extra 5c (quar.) com. 7-31 71/ac $2.20 preferred- tquar.)_________ General Telephone Corp., 7-10 60c Iowa-Illinois Gas & Electric, common (quar.) $4.22 preferred- <quar,)_. 7-17 General Telephone Co. of Kentucky-— >• Ltd., preference tide ; 1 8- 87'/2c 22%c 5%■■preferred (quar.)_ General Telephone Co. of Foundation convertime 3.90% 4.20% General . 6% 7-19 -quar. 8- & 7% *12c Machines (quar.) International Resistance tquar.) —: International Utilities Corp. (stock div.) $4.36 7 8-1 '*$125 Telephone Co. of Indiana— preferred (quar.) 7-19 • 8-15 (quar.) Telecasting, class B (quar.)______ Telephone Co. of Califs- General 8_1G 7-31 (quar.i_ common 1 9-14 1 ^7%c .___ 8- Coal 7% 1 10- 50c (quar.) 7-15 10- International Business 75c (quar.) 7-15 1 50c 7-15 $1o5 Corp. common 1 8- 7-16 7- 3 93%c <quar.)_ 8- $1 7-16 7-11 ~ Utilities $1.25 1 Lord Baltimore Hotel— 7- 1 lVi%. Corp., Lorain 6-28 1 1 Snoe 7-12 1 1 8- Public 1 1 r.ii preferred 12-18 8- 8- 8- a $5 12-30 25c 10- $1 Co. common *25c 8- q- • $1.25 8- 7-26 9-13 Theatres preferred (quar.) Long Island Lighting (quar.) 65c 8- 9_k; Boston 4.84% 22c Investment General 9-18 $1.12 Va 7-12 General 9-30 (quar.)—,—— common 4Vss% 8-15 \ Loew's (7c from invest, preferred (quar.)—.—.—____—____ Inter-County Telepnone & Telegraph (quar.) Interior Breweries, Ltd., 50c class A (quar.) 9-27 $1 8% $1.25 $3 6-21 iquar.) 9 9-19 8% Lone Star Gas. 75c tquar.) 8-20 7-20 Lukens common 7-15 7-31 Lunkenlieimcr (s-a > 1 $1 8-19 8-10 (quar.) 7-18 8- (monthly) common (monthly) preferred (quar.) preferred (quar.) 7-10 9-3 Inc. 8- 1 7-15 11V4C : 1 9-30' 1 7-25 preferred 9 8- 2 7-15 8- 8-31 2 10c $3.75 9- 25c 8- 8- 1 10c $1 9- 50c ; *$1.25 1 25C common Common Institutional Shares Ltd.— 7-20 45C General Motors Corp.-- 7-15 9- 2-17 $1 8- — I.), (monthly) 583,4c 50c General Mills 1 Pipe, *32 lie Common 7-20 25c dividend-.. 8- Joint 4%% General Stock 7-15 Imperial 7-15 $1 Co.__ 1 Lower St. Quarterly (not payable 011 shares resulting from slk div., only on present shares)Interprovincial Building Credits, Ltd. (quar.) Merchandise 8- 11-1$ 3-10-58 50c (R. (quar.) Common Lock 7-10 General Dynamics-Corp. (quar,)__. General Electric Co. (quar.) ' 7-15 7-10 9-13 8- %7y2c Co. (increased) Oil tquar. 7-20 1 1 15c ; 1 8- 1 10-1 45c tquar.) 8- $1 8- $2 preferred General Preferred 10c 8- Industrial Development Corp., common Ingram & Bell Ltd., 60c preferred (quar.) 15c (quar.) common 7-20 1 Corp. — 5514 c 7-10 $1.50 ______ 8- (increased) Finance Class A 5314 c 1 37 %e f quar.j Local 7-24 (quar.) (quar.) R- 62%c common Loblaw, Inc. 8-20 1 7-10 7-16 15c (quar.) 7-19 3 7-10 7-23 12%c tquar.) Gamble-Skogmo, Inc., <».5% 1 98- (quar.) preferred preferred preferred Ingersoll-Rand Co., S6.00 8- $1.25 1 1 56«4c Gabriel Co., 5% com*, pfd. (quar.) Gale & Co., common (quar. SI.50 preferred (quar.)— 2-17 1 87%c ______________ 3-10-58 8- 1 Co.— 50c 8- 8- 7-03 8-1® 11-18 51c — 8_ 8-1 9-10 12-10 guaranteed guaranteed 52 lie — $1 7_ig 7-15 50C 50c 8-10 13-10 $1 37»/ic tquar.) Flo-Glaze Paints, Ltd.— (quar.) -L—.——-— $1.50 convertible participating pfd. (quar.) Imperial Life Assurance Co. (Canada)— Indian Head Alills, Inc. (Mass.)—r $1.25 preferred (quar.)__ 7.31 7-31 25c common 7-15 (quar.) (quar.). (quar.) 9-10 $1.10 $1.10 35c (quar.) Co., 14c tquar.)__ Industrial Funs ten 8-1 15C 27%c (quar, class A (quar.) _1 Securities, AA Ftilton *$1.12% __________ <quar.)_. Froedtert Corp. 9-20 1 Payable of Rec. Special Special 8-16 9-30 $0.00614 preferred (quar.) preferred (quar.) 4.20'!> 1 ' Frito 9-12 8- Holdert When Share Original capital Original capital Original capital •Special guaranteed 12!i-c (quar.) : Co. Power 4.08r/o 17c) 10c common 8-16 25c 60c ———_—.—— (quar.) Refrigerator Co. (-quar.) Huttig Sash A: Door, ■ 5r/0 preferred (quar.) 5c,'o preferred tquar.) Hydraulic Press Brick Co. (quar.) Hydro-Electric Securities Corp., pfd. B (s-a) Hygrade Food Products. 51* pfd. B (quar.) 4(i> preferred A (quar.)-^ Illinois (quar.) 8-15 7-15 6-29 20c tax _____ Ltd., J.) 7-15 7-15 t30c .. Mexican payment of each dividend <L.) Quarterly 1 7-25 2c ______ Friedman g- 20c . . net "i? 8c tquar. >______ Tile Co Extra ' (quar.) class A -(quar.) tquar.) . Company Little Miami RR.— 7-31 • 50c — Hussinan 35e Corp. & B Per Name of J 45c common (quar.)— Hubshman. Factors, Class 2 iN. y.) (stock dividend!li_'National Bank (Franklin Square, Franklin Co. Houston Light & Power, $5 preferred - 2 j$1.25 ,__ Foundation Co. Franklin (Joseph) Hudsou Bay Mining & Smelting, Ltd. <Quar.fi.—1 Class ' —_— preferred (quar.)_ Hotel Syracuse, common AYo preferred (quar.) ■ 1 ' Motor of- Canada Ltd.-— .•Class. 5Yo ITornp 7-io 8- . 93%c Machine, preferred, (quar.) 12-20* 1-1-58 $1.12 li 7- 9-10 30c 30c (quar;)— (quar.) 1 9-12 25c * — (quar.)_____^___ Inc. 8- 45c (Okla.) (s-al &-Eeailug (quar.)Co., class A (quar.). Horn & Hardart Co. (N. Y.) 9-20 $1.25 30c Corp.— Co. Hoover Ball t Holdert Payable of Rec. 50c preferred 7- 9 ' .- yysc __ Bros.-Gear & 53<% Home State Life Insurance 1 1 When Share Co." (quar.)-L 8- iquar.) Machinery &. Chemical '3%%- preferred ".quar, Foote 8-23 Company Insurance 8- common (stock dividendi_ Food Home 7%c «quar.) Jood Fair Stores, Per Name of . 7-15 56V4c ______ (quar.i__ Ltd. Corp. 8-30 , Y.)— (N. __ pfcl. Preferred Fluor 7-31 J25 __ __ (Increased quar.;) Holder* Payable of Rec. - $1 Financial General -Corp., common. tquar.). $2.25 preferred series-A (quar.)__ Filth Sterling Inc., 7% pftir (quar,) First When • Share . iquar.) "ttr (quar.) 10c — 9-30 9- 9 50 The Commercial and Financial Chronicle... Monday, (362) Per When Holder* Share Payable 0] Rec. - , Per .. When- Holder* Share , Payable of Reo. . * Name of Company Nestle-Lemur Co. pfd. 3A% Co., (quar.)__— New England Pu#id—.—— New Process Co Hew York Doc-c, (s-a)—_____—, Hew (increased ; Merchandise York $4.50 preferred (quar.) preferred (quar.; preferred (quar.) 4%% 33A% Wire Cloth York Hew 5% 7-15 4'A% 7-1!) 0-3 8-16 Public 8- 1 8-15 7-19 10- 1 10-1 10- 1 25c (quar.) 9, , j 8- 1 Niagara Share Corp.— 6 - 4% 80c 25c $3c 40c preferred (quar.)— (interim)——______ adj. Hormetal Mining, Ltd. North American (quar.).— Car, common preferred (quar.)— 5% % Northeastern Northern Insurance Illinois (quar.)™—— (quar.) (quar.)——. Corp., common convertible $1.50 Works Engineering Northern preferred ...— Northern Ohio Telephone (quar.) Ncrthern RR. of New Hampshire Northern Illinois Gas Co., ;—;— (quar.)_— (quar.) com. Common 5'/-% (quar.) 22c 1st B (quar.) — Northwestern Portland States _______ Cement 7-12 Ohio Leather Co. 7% pfd. (quar.) — Old Republic Life Insurance (quar.) (quar.) Co. 4.92(3 Stock 6-21 Okonite Co. (quar.) Mathieson 4.25(i Oliver (quar.) preferred Corp., 4'A% Ontario Steel Products 7% Otis • preferred Elevator Outlet (quar.) Ltd., common (quar.) (quar.) Go. (quar.) Company Owens-Corning Class 7-15 7- B (quar.) 7-19 Riverside-Cement, 1 7-17 $1.25 partic., 7-31 7-31 8- 1 7-15 7-24 7-10 7-24 7-10 ' 514% preferred (quar.) * 9- 1 7-31 8-18 8-15 7-15 8-15 7-26 7-15 4.65% 7- 4.75% 8- 1 7-22 7-25 7- 5 7- 2 5 Pacific Hawaiian Products Pacific Lighting Corp. American Park Chemical 5% conv. 9- 1 7-31 8-16 8-15 7-19 12'Ac 7-25 7-10 8-16 8-18* 10- 1 7-26 Co., common preferred (quar.) &.•«' (quar.) Parker (S. Parmelee C.) & Co. Paton Manufacturing Co., 7% preferred (quar.). Patterson > Ltd., com. Co. 7- 9-13 8-31 Safety 4% 9-13 8-31 St. Croix 1 7-19 St. Lawrence 8- 1 7-19 1 7-25 St. 7-25 8-15 7-25 $5 11-15 10-25 11-15 10-25 11-15 10-25 8-15 7-15 8- 1 7-25 7- 15c 9- (quar.) $1.06 Valley RR. Cement (s-a) (quar.) 4.30% 3.80% . preferred preferred preferred r 50c 8-23 (quar.) _ D- 6 Science 9 8- 5 Scott 7-15 8-15 4% preferred Phillips-Jones Pioneer 5'A% Finance, Sears 7-12 7-10 Seton Gold 6% preferred Mines of (quar.);.; British (s-a) 0% & Talbot, common preferred Potomac Edison, 4.70% Bros., Ltd. Prince Gardner 8- 1 8- A Stock 1 8-1 7-10 55c 9-20 8-30 9- 8-15 Stix, Baer «(: Fuller, common 7% 1st preferred (quar.) $1.23M4 9- 8-15 20c 8- 7-24 10- 9-23 Stonega 10- 9-23 SloUffer 7-10 7-15 7-12 to name new Struthers 9- 3 8-15 $1.25 9-3 8-15 Stubnitz 9-16 9- Suburban 7-25 6-14 8- 1 7-20 8- 1 7-20 3 * 7-12 See (quar.)„l_Z_i Procter & Gamble Co. (quar.) 1 11-18 1-22 J75C 8_ j 7- 25c 9- 1 8-15 50c 8-16 7-19 Greene 5% Sun pfd. pfd. conv. Oil Co. 9-11 7-22 9-30 9-16 7-22, 6-21 7-24 7-12 9- 4 8-15 10c 7-31 7-12 25c 8- 40c 8-15 Swift & Co. 8- 7-25 6-28 Tennessee Natural 10-25 9-27 Texas 7-25 6-28 $4 10-25 2 conv. (T. S.) Slater (N.) (A. 5 (Howard) Common Class B Taylor (quar.) 8 7-25 7-15 10- 9- 1 1-1-58 &z convertible Tennessee Corp. 3 11-29 Electric 7-23 8-15 7-31 9-25 9-11 55c 15c (quar.)— 10- 1 9-13 $1 Lines, Inc. 8- 1 7-13 Co.— preferred (quar.i preferred (quar.) $1.14 $4.64 9- 3 Texas 12-n 12- 2 9-15 8- 8 1 7-15 8- 1 7-15 Tcxas-Hlinois Natural Gas Pipeline— $15c 8- $1.16 $4.56 3 9- 1 preferred (quar.) Comnam (quar.). 8- 9 Texas Instruments. 4.48% 8-15 8- 1 Texas 11- 1 preferred (quar.) $4.56 preferred (quar.) $4:76 preferred (quar.i $4.84 preferred (quar.) Thaiclier Glass Mfg. Co.— $2.40 convertible preference 7-25 6-29 8- 1 7-15 8- 9 7-19 27'Ac 8- 1 7-17 7-26 7-12 pfd. Light Co.— Power &; (quar.) 7-10 7-19 Thermold Co., $2.50 preferred (quar;)-. Thomson Electric Welder (quar.); —_ 8-14 Thompson Products, common 0- 1 8-15 % 9- 1 8-15 Title Guarantee <fc Trust Co. 9- Time Finance Toledo 7-10 8-15 7-31 7-26 7-15 7-10 Co., 8- 1 50c 9- 1 35c 9-14 8-30 9-14 8-30 30c .. :— 8-23 8- 8- 7-20 62% c (N. Y.) (quar.) 50% (stock dividend; common 7-15 4%% 8-23 4.56% preferred (quar.) preferred (quarj 10c 10- 1 9-10 4.25% preferred $1.06'A 10- 1 9-10 7-31 7-22 $1.14 (quar.) Topp 7c 7-29 6-28 1 7-16 Trade Bank & Trust Co. 8- $50c $$1 (quar.) 7-29 8-23 7-15 8-15 6-28 (N. Y.) 8-15 3 8-15 9- 3 8-15 7-26 8- 1 5 7-12 7-15 20c (quar.) 8-23 8- 2 20c 8-15 8- 1 8- 7-12 — 1 Transamerica 35c 7-31 7- 7-19 Common 25c 8- 7-17 Corp (quar.) Transcontinental Gas Pipe Line Corp.—- $50c 10- 2 8-30 $2.55 10- 2 8-30 $4.90 (quar.) preferred (quar.) preferred (guar.)— 15c 8- 1 7- 3 $5.96 preferred 8- 1 7- 3 8- 1 7-10 Trico Oil & Gas 8- 1 3 7-17 8- 1 7-17 $1.49 8- 1 7-17 5c 8- 1 7-15 (reduced)— Trust 208 Co. South of New Jersey Salle La St. 50c (quar.) 8-15 11-25 11-15 7-15 6-27 10c (quar.) Corp. 8-26 50c of Corp., 63Ac 1 $1.22% (initial 1 Trinity Universal Insurance change 3 " 22'Ac $56(4c ;_ - 10c Industries (stock dividend) Acceptance Corp., class A Townsend Co. (increased quar.)__ 6 7- 9- > 4% Tower 6 9- $1.06»A- 2 1 8- 7-26 17'Ac (quar.) 10- 20c . -$1- (quar.) (quar.) (Ky.) Edison 7-10 7-10 1 i 7-19 preferred 1 1 8- 20c Inc. 1 4% 8- 8- 60c 1 7-31 7-10 1 $1.19 (quar.) 1 3 1 8- $1.21 9- 8-22 8- $1.14 : 8- 0-18 8-16 $4 8- (9-16 8-23 9-15 28c ;—: 9-16 $1 (quar.;__ 50c 30c Gulf Sulphur 11-15 10c com. 7-23 8-15 $12%c (quar.i Service 8-15 25c — Carson (Canada) Ltd.— preferred (quar.)— : Gas » 25c — (quar.) Pearson 62%c (quar.) 10- 1 9-28 under Union Chemical & Materials Corp.— —— 40c 7-25 7-15 30c C- 1 7-19 61c 3 8-15 7-26 6-2b 9- $20c 5% (quar.) preferred (quar.) Electric Union (increased quar.) 8%c (quar.) 19c Ltd., $1 pfd. (quar.) 7-31 7-20 7-31 7-20 common ;____ (quar.) (quar.i $4.50 Union Lumber 15c 10- 1 8-3^ Union Oil Co. Union Oil & 1 7-30 7-20 $1 Co. of (Calif.) California 8-15 %» 8-15 7-20 8-15 7-20 $1.12 %• 8-15 7-20 92 (quar.) quar.) , (quar.)_: 8- 1 7- 5 25c 8- 1 7-19 60c 8-10 7-10 $40 7-15 5 9 87'A«. Union Gas of Canada, Ltd. (Increased 8-30 8- 9 8- (quar.) preferred 1 9- 8- 8-31 (quar.) preferred 10- 25c 8-31 6'Ac Co., $4 preferred (quar.) $3.70 preferred (quar.) 15c 45c 30c — Common (quar.) $3.50 $25c 8- 1 7-11 70c 8- 1 7- 1 $25c" 7-31 6-28 $50c 7-31 6-28 Gas of Louisiana— 20c 9-16 9- 6 20c 9-16 9- 6 preference (scries 1955) (quar.) preference (series 1956) (quar.) $1 8- 1 7-10 $1 8- 1 7-10 1 12 %c 9-15 8-15 Class A (quar.i Class B (quar.; — United Aircraft Corp.— 4% Paper Mills, Ltd.—. (quar.): 9 8- 31'Ac common (quar.) preferred 7-15 8- 7-29 50c 91 (4c ' $25c (quar.)_ Corp. 7-15 1 1 50c — Quarterly 9- 5c income tquar.)__ Ltd., O.) 88- 9-10 35c — Trane announcemexit Co., & 7-22 25c — 15c (quar.) Salada-Shirriff-Hoirsey Co. 7-31 65c — (s-a)— 9-27 I $45c preferred 27c 65c (quar.) 9-17 $34'(nc 1 (quar.)____ Power, 1 7-19 . (quar.) 9-17 (Canada), Ltd.— A (quar.) 37 'Ac (quar.»_ A Ltd.— recently approved 1 8- 7-31 25c (quar.) 8-15 8- 8-15 12'Ac (quar.) series) 7-17 1 31Ac< —____ common (1954 8-30 35c — Gas Corp.— (series 1952) 2% A dividend Pacific Oil $2 1 9-10 10- 5% (quar.) Co. 8-16 7-31 (quar.) common Service, Gas conv. $25c Silverwood Dairies, Ltd., class A (quar.) Class B (quar.) Smith 7-19 8-27 20c (quar.)______ Corp., common (quar.)— Corp., Common class 7-12 1 — — Corp., preferred 5.20% 5% corporate title. Smith 12- 8- 9-10 Clothier, common (quar.). Wells 6-25 Boston— Sibley, Lindsay & Curr Simms 1 (quar.)__ (quar.; (quar.i Strawbridge 7-31 25c 7-31 1 9- (quar.)__ 7-25 (from invest, inc.) 7-31 3C Corp. 7-31 4c 8_15 1 (quar.i___. Coke & Coal 8-20 25c 8.15 $1,25 & Co. P.) Container Stone 25c 7-19 g.g'j 7- 5 1 Stockton, Wbeatlcy, Davin & Co. (stock div.) 25c 8-~l 8- 12-14 8- 43 Ac $1.02% Signature Loan Co.— 8- 12-31 (quar.) preferred (J. 25c Sigma Mines (Quebec) Ltd. (s-a) $1 171/0 ,9-14 30c Stevens 8-15 1-31 (quar.) Stockholders 7% 8-16 9-30 56c 4%% 8-15 2-10-58 (quar.) 7- 8 7-15 3 9- 37 %c 8-15 $1 8-20 3 7-10 25c 85c 7-25 9- 90c I 3 30c (quar.) $2.44 preferred A $1.75 1 12'Ac' _____—______ 9- America (quar.) of common Common Sierra 7-10 6- 12'Ac $31 (4c Investment Shirriff-Horsey Ltd. 62'Ac 1 8-15 —— (quar.)_ (irreg.) Sherwin-Williams 7-15 8- $40c 9- of dividend Skelly (quar.)___ Co. net Class 1 7-16 $15c heldE— 9- * 5% preferred (s-a) President Electric Price 8-15 8-15 jf,c pfd. (quar.) (quar.) Prentice Hall Inc.— 2 7- 9 -7-31 (quar.) Superior Steel ; 25c (quar.) (quar.) B 8- 7-22 — $4, 25c $40c 3.60% preferred 7-19 7-19 7-15 40c 30c- $1.18:,4 $20c 30c ; (quar.) Steel 1 9- 7-15 1 — $1.02% 7-12 com. >ji/zC Pittston Co., common (quar.) Pneumatic Scale Co., Ltd. (quar.) Portsmouth Co. 7-15 I 8- Stern & Storn Textiles— 7-31 7-15 7- 7-12 7-31 1 1 7-25 30c Shares - 8- (qUar.)—: (quar. 1. C Stores Bros. 8-15 8- 8- 40c preferred 50c preferred ioc Sterchl Sweets preferred B (quar.)— Corp. of America (quar.) 15c $2.50 pfd. (accum.) Pittsburgh Plate Glass Co Pittsburgh, Youngstown & Ashtabula Ry. Co. 7% preferred (quar.) 7-16 25c 4'A% 1 7-26 1 ; Sheraton 8-1 7-23 7-22 9-13 13Ac Pittsburgh Brewing, Pope 9-13 8- 17c 7-26 7-15 $12'Ac Petroleum Leather From Columbia, Ltd. (Interim) pioneer 10-15 '.-50c $56 Ac 45c Sterling Precision Corp.— 5% preferred A (quar.i 1 Acceptance Corp., common 5% preferred (quar.) : Security Eanknote Co. (quar.) 7-10 3 10-15 8- (quar.) Co. Selected American 8-20 shares Ltd. Canada, of Co. 11- (quar.); & 7-10 8- 1 Steel 8-10 ^ 8- ' 11- 6-25 5 1 25c 10-15 8- 8- $1.25 7-15 1 11-12 (quar.) Shareholders Trust 42'Ac 1 Tlicrm-O-Disc, Metals Roebuck 9 9-13 12- a 25c (quar.) $1.25 common 8- 12-13 (quar. $1.25 preferred 7-15 $1.25 1 8- 30c common Ltd., 1 9-10 -10- $1.25 8- $$1.25 Ry., 7-15 1 (quar.i 11- $15c Fund Co. 8-1 4 10 Co. 30c Securities 7-10 1 ; 20c preferred (quar.) 5% preferred (quar.) $$1.25 common 1 8- 5c 5% 8-15 4Yz'/o (quar.) , 25c $1 common 8 15c (quar.) 97'Ac preferred (quar.) conv. A Shawinigan Water & Pbwer, 5% preferred (quar.) Phillips Petroleum Co. (quar.) Pioneer Oil Seaporcel 10-15 7- (quar.) 5% preferred (quar.) 7-22 9- 1 Chemical 15% (quar.) Ltd., Co. 7-3) 1 12'Ac (quar.) Corp., &: 1 8- $1.50 ___ 8- stock for each — Seagrave Corp.__ Philadelphia, Germantown & Norrlstown RR. Quarterly Philippine Long Distance Telephone— Common (a payment of 25 centavos) Preferred (a payment of 40 centavos) Philip Morris, Inc.— 3.00% preferred (quar.) com. 8-30 8- ' Stecher-Traung Lithograph Corp., (final) Co., $3.65 preferred (quar_) Seaboard 1 Stauffer Suburban Propane reg. (quar.) preferred (quar.) 8-15 8- 95c ferred 7-19 7-12 25c 5'A% 7- $1.17 $1.07% 7-19 1 9 $25c Nuclear 7-31 0 8-16 3 9-16 $1.25 $10c 8- $$1.06(4 preferred $3.40 Scytes 7-19 9- 25c • -- ______ 15c Corp., & 7-31 13'Ac 1 pfd. 8- Paper Co.— $4 8- 1 7-19 (stock dividend). (One share50c dividend convertible pre¬ new $10c (quar.) 8- $1.10 pfd. (quar.) (quar.) (quar.) (quar.) 8- the of $20c i Sell wither 1 8-15 7-19 (quar.i Corp. 35c Co., class A 8- 50c 8-15 B $1.16 Miguel Brewery, Inc. 8-10 $2.12'A 9-14 Class StRrrett ——A— Scarfe & 1 8-15 7-15 $1.19 (quar.) 9- 3 * 5 5% (quar.)_. 8-15 20c $15c . 9- 7-19 200% (quar.)__„_ (quar.)____ Sclienley Industries 9- 3 8-15 15c 7-10 8- 20c 5 : 8-16 1 9- class A (quar.)__ 9 9- 3 7-19 8-1 30c (William J.) Co.__—— Stanley Brock Ltd., class A (quar.) 933ic 5% preferred A. (quar.) Antonio Transit Co., common Common, 9- $1.06'A -■8-1 56 Ac (s-a)— 31'Ac dividend) (quar.) San San 27'Ac _____ Stance 4% 9-14 35c . 7-11 Standard -Shares 25c preferred 10- 45cg 1 80c (accum.) class A Salada-Shlrriff-Horsey, 2 1 (quarj— J.) 4%% Ltd., Co. 30c (stock common Francisco San Scovlll Mfg. Philadelphia Electric Co., 4.68% 4.44% Louis 8-15 40c 1 (N*, Insurance Fire 5c preferred A (quar.) preferred A (quar.) 5% 9-10 8- (quar; Kellogg & Sons (quar.; Spokane International RR. (quar.)_ 93:Ac (quar.) 33c _ 8- 17%c (quar.) $5 preferred $$1.50 593ac (quar.) Corp., Ltd., 145c inc.) 7- (quar.) Paper Common 8-15 $1.10 7-19 30c 75c Industries 32%c invest, 1 convertible preferred 4%% 5c Foods, Inc., common preferred (quar.) 25c (Increased) 8- ____^ convertible 8- 10- $$1.19 • Fine W 0-13 7-19 —______ Spencer 1 33c Peoples Credit Jewelers, Ltd. (s-a) Peoples National Bank (Brooklyn) (quar.) Pcrmanente Railway Equipment Mfg. class A Carpet 32%c Gear Fuel Standard _____— Talon. Inc., class A & S 7-25 25c Voting common (quar.) Non-voting common (quar.)_ & Standard (quar.) Common 8 1 Penobscot Chemical Fibre— Bureau Standard 7-10 Oak Dairy Ltd., class Ryder System, Inc. (quar.) 9-27 50c Pennsylvania Glass Sand (quar.) Pennsylvania R. R. (quar.) Pennsylvania Power Co., 4.24% pfd. 4.25% preferred (quar.) & 6-20 7-25 Royal 5% (s-a) Perkins Machine 7-23 25c Quarterly 12'Ac Pcunroad Corp, (from ordinary Pennsalt Chemicals (quur.) Peoria 75c 8- ^ Quarterly" > 1 12-13 (quar.) 20c Ltd., common preferred (quar.) Traffic 0-> B Roxbury 7-30 12-V -8- (quar. common 1-1-58 Mills Paper Ltd., B (quar.) 5c preferred Penman's 0% 8- $35c (C. 5% preferred (quar.)———— Special Investments Securities, Inc.— dividend Class $20c (quar.) (quar.) $1.32 preferred (quar.) $1 preferred (quar.) $1.30 preferred (quar.) $1.32 preferred (quar.) Penn 7-15 7-31 10c —— __ J.), commdn 5% preferred' (quar.)___ Peninsular Telephone Co.— Common (quar.) $1 preferred (quar.) $1.30 8-16 1-2-58 45c (quar.) 7-19 Power, 9-13 preferred (quar.) Rolls-Rcyce.— Amer. deposit receipts ord. Rose's 5c, 10c and 2oc Stoics, 12'Ac (quar.)uw- Transportation 20c "7'Ac" 2'Ac 2'Ac 5% conv preferred (quar.) Parke-Davis & Co. (qu&r.)_—. 8-15 of erred 9-13 4(4% (quar.) Airways, Inc World Southern 7-19 7-12 7-19 $1.06'A • Stock 7-15 __ 7-22 7-31 1 (quar.) _.— ——. (quar.) 1 preferred A preferred E Class Electronics Packard-Bell Pan (quar.) (quar.) Rice Aircraft Rolir $0.3281'A 25c —-— 1 8-15 7-15 1 a- ($25 par) (quar.)($25 par) 1 depositary receipts (initial) Rochester Gas Electric, common (quar.) 4% preferred F (quar.)_ 4.10% preferred H (quar.) ; 4:,A% preferred I (quar.) 4.10% preferred J (quar.) ;— 4.95% preferred K (quar.) Rockland Light fc Power common (quar.) 7-15 _ 8- Antelope Copper Mines, Ltd.— 8- 1 8- 1 9- 1 (quar.) — 25c American 50c 4.75.% preferred (quar.): : Pacific Far East Line, common pi 1 1 8- 27'Ac 4.36% Utah 8- -97%c $1.15 —— 7-22 Participating Roan 7-31 92'Ac (quar.) 10- $1.25 participating 7-30 7-19 1 7-10 8-15: $1.03 34 • —_______ 1 (quar.) 7-31 $1.25 $0.29686 15c 5% pfd. (quar.)—— preferred 80c 8- 8-35 8-15 8-15 7-20 00 $1.10 —_— $28c River 7-10 7-31 H 8- Valley Gas Co. (Texas) Brand 8-15 preferred preferred preferred (quar.) Grande Rolland Pacific Finance Corp., 4.25% 45c Rich's, Inc., common (quar.) 33A% preferred (quar.) 8 50c 4.40% (quar.) 7-31 0- 3 50c Glass preferred (quar.; preferred (quar.)_ preferred (quar.) 10- Rhodeslan Selection Trust 7-17 8- 1 7-30 $1.25 20c — Fibre 4.15% $27c 7-10 $l.C6'A $1.12% $25c $$1.75 3.90% 7-11 Engineering (increased) Ltd., cl. A (quar.) & 1 Chemical preferred 7-22 $15c 8- 20c — Olin 8-22 8- —„ (quar.) Aluminum Co. of Canada, Ltd.— 4:A% 1st preferred (quar.)___—: Reynolds Metals, 4%% preferred A (quar.) Reynolds (R. J.) Tobacco, com. (quur.)_„ 9-20 (,quar.;__ —______ $5c Electric Ltd. 7-10 7-31 9-13 15c 8- 1 10- 1 25c _____ 4.60% ' Reynolds 7-19 (quar.%..—* 7-15 : (Canada), A 7-11 1 7-16 dividend Class . 7-11 1 1 Extra 8-23 50c Old National Corp., class A Class B 7- 5 4.40% ' 1 8- 8- Renold Chains (Canada), 6-28 45c —1 - 5 8-15 7-16 7-15 8- (quar.i Southwestern Public Service, 7-29 1 8- preferred 3.70% 8- 10c Southwestern Drug Corp., common Southwestern Electric Service— 9-12 8 7-12 $1.20 , 25c (quar.)__, preferred 5% Railway, 4.40% 1 4% Southern 9 1 8- _______— Nevada Power 7-29 — Reitmans » dividend 1% Class B Retchhold Chemicals C-21i 37'Ac 61 %c 59%c ——- Stock 10c — 7-11 (quar.;— Materials Co. (quar.)____________ 50c (Mfiss.), 5% pfd, (quar.)______ Reed (C. A,), class A (quar.). * 0-13 preferred Southern 8- 59c (quar.; & Electric— 6-21 7-29 ' 59c (2nd series* $1.25 . ^ Recce 'Corp. 7-15 20c preferred (quar.) preferred (quar.) 43A% 4.805e 20c Republic Steel Corp, (quar.; Republic Supply (Calif.) (quar.) 20c Oklahoma Gas & Electric, com. Oklahoma Natural Gas, common (quar.) 4.72% 7-23 8- —. 7-10 $$1.75 25c (quar.)— 1 5c Extra / 7-15 Rio Ogilvie Flour Mills, Ltd., 4.72% 20c Quarterly 7-10 $$125c —.— 8- 9- 8 Richfield Oil Corp. — . (quar.)_ 8-15 7-10 1 8- 1 - 4% pref. (quar.) Nunn-Eush Shoo (quar.) preferred preferred 9 8- Reading Co., common (quar.) ________50e Real Estate investment Trust Co. of Amer. 20c — Power— 10- 9 25c _ 7-12 Colorado 87 'Ac 0- Co.— Quarterly Northwestern Steel & Wire (quar.; Northwestern Utilities, Ltd.—- 7-19 Southern 8-30 (quar.) 5 8-15 7-17 7-15 — Co. 5 7- 7-31 23'Ac Power 5uc (quar.) Phe 25c _— — Extra Co. Purina 7- 28c Canada 8-23 Raymond Concrete 7-31 - 5 $62 'Ac preferred preferred 9-30 Ralston 7- (quar.) — (quar.)__———.—_____ Ltd., com. (quar.) 4.48% Southern 7-22 8-30 25c ——_— (quar.; _ 7-15 1 7-31 60c 1 1 8-21 - 7-15 8- Southern 8- 20c 283/4C 25c _ 7-31 12'Ac 2 $15c 7-1!) $G9c 12%c 9- 9- 25c 8-30 (quar.) California Edison Co., com. 8- $35c of America, common (quar.)— preferred (quar.) ____________— Resources, Inc. (initial) T 8-30 ____—: Southern 7-25 $15c - 333Ac 8-30 9-30 9-30 31'Ac Corp._;— Coast South 8-15 8-15 10c 9-30 Georgia Natural Gas_____.—.—_____ South 8-15 8-15 12e 1st Radorock 7-18 7- conv. 4.56% (quar. 1 25c Airlines, 4.C0 % conv. pfd. (qnar.r-— Northwest Engineering, class A — $3.50 Reliance (quar.)—— common (quar.; Extra 8-12 • conv. 9-16 20c $1.25 34c $3 — _— 7-25 9-16 8-1 8- 1 8- 1 $40c preferred Northwest Class .____ : 8-15 Radio Corp. 7-31 8-15 7-26 8- 1 8- 1 10- 1 7-31 8- 1 8- 1 7-26 , $1.25 45c 5% preferred (quar.) Northern Pacific Ry. (quar.)— Northern Quebec Power, Ltd.— 8-15 9-10 8-9 9-20, 9-10 10- 1 8'Ac 15c 20c 37'Ac 40c $1.50 (Hartford)—— Co. 9- 3 9- 3 9- 3 $1.06'A $1.05 $142% 8-16 $1.281'A . 8-30 9-13- 35c 150c 30c SI.55 Quemont Mining, Ltd. (interim; Quinte Milk Products, Ltd.—Class A participating (quar.) current net investment income and 21c from accumulated undistributed capital gains;—_ _———————Noranda Mines, Ltd. (quar.)—.—-—________ Norfolk & Southern By Co——— — Norfolk & Western Ry., common (quar.)— $1.25 7-12 Quarterly Distribution Shares Quebec Power Co, (quar.;——____ 7-15 ,1 9-13 1 8- Payable of Ree. ■ 7c (quar.) preferred A (quar.) preferred (quar.) common Southern Indiana Gas ■>. 6 from (14c 10- 1 45c Puget Sound Power Light Co. (quar.;—— Punta Alegre Sugar—— — Puritan Fund, Inc. (year-end—______ 6 9- $62'Ac Bonotone Corp., Mexico— New of 9-13 (quar.) com. (quar.) (quar.) preferred A 9-30 Holder$ When Per Share Name of Company $25c (quar.).. Common 5% " (quar.) Co. Sendee 7-22 , " (quar.;.— —.— of Colorado, preferred preferred preferred 4.20% 4%% ~' common preferred (quar.) 7-19 ? "" Co., Transport Public Service Co. $1.12/2 $1.12/2 933Ac — — Co. 1 2 7/ac 50c . —— Provincial 7-19 (quar.; Hew York State Electric & Gas, com. 8- 8- 1 n»2 „??c common Hew York Fire Insurance Co 1 »0c ..+— Name of Company X 9- 8-15 9-16 8-1 7 Ac 93 Ac 1->C (quar.; Newberry (J. J.) 8-15 (quar.)—35c 60c Neptune Meter Co., common $2.40 preferred (quar,;— 8- July 22, 1957 4% United Air Lines (quar.i Number 5657 Volume 186 The ... Compiercial and Financial Chronicle When Per ynitod Artists Theatre Circuit— 5% preferred <quar.i United Cigar-Whelan, common (s-a) $3.50 convertible preferred (quar.) 87yac ' 8- 1 7-15 87y2c preferred (quar.) NOTE: Effective July 2nd, corporate title of above company was changed to United 11- 1 10-15 (Continued from Sterchi Whelan Corp. United B i United Gas Improvement, preferred U. Macninery, Shoe S. . ■ (quar.) preferred U. Rubber S. (s-a) Co., ■* 7-22 8- 1 7- 1 7- 3 damages 25c 8- 1 7-18 other 50c 9-14 8-26 1957, $2 0-14 8-26 based $1.50 8-15 6-25 8- 1 7-15 to an 15c 62 Vic 8- 1 7-15 ' $1.18 8- 1 7-19 Universal Insurance 35c 8- 1 7-19 25c 9- 3 8-15 Co. . > Universal Leaf Tobacco— Corp. — Quarterly Universal Pictures preferred (quar.) Universal Products Co. (quar.) Oil Southern 912- 7-H 40c 3 the 7-15 1 been 8-16 v On June Stinnes 8- 1 7-15 Brothers, 9- 7 8-28 successiul 8-13 $1.25 9-10 States 8-31 12-10 12- 2 9- $1.25 150% 8-15 4 8-20 , "the that state to a claim on as Sept. well 28, & Co.. to prejudice" Ltd. Mines Amulet Waite Walker Laboratories. preferred the Co., suit damage & the judge granted permission amended complaint," adding such Quarierly (quar.)—_ 33% of to the the an outstanding Deutsche the Becker the were of Co., Light, common preferred (quar.) Weedeu • 4% offered preferred 7-19 8- 1 7-15 7-25 8-10 7-25 Lines Air Inc. (quar.i— 186, A of this corporation Frankfurt Becker am & 8- 8-15 1 Deutsche Bank in submitting the Stinnes the 8- ;: class $2.50 . ■ . preferred Western Pacific (quar.) RR. (quar.i Western Precipitation Western Tablet 5% Stationery— & -.<i %: Westeel Products. Ltd. Hen prior .4% $2 prior pref; $3 Whitehall (stock preferred A (accum.) Oil Wilcox Co. Common 7-16 1 9-10 Monthly 9-14 8-31 7-12 50c 8- 1 7-19 75c 8- 1 40c 9-30 9-20 5% 8-26 7-26 Inc . 1 7-19 8-20 7-30 8- 25c 50c 8- 1 7-12 1 (F. W.) 7-31 7-15 8-30 9-30 9-13 7-31 7-15 5c 7-31 7-15 30c 9-20 1 $1.25 — $1.26 62 %c 8d — (quar.) , $1.11 8- 89- 8- 3 9 7-12 8-26 8- 7-15 1 7- 1 25c 8- 1 7-19 25c 9- 3 6-20 10- 1 Cab 11- 1 10-18 6% York (San preferred County 25c 7-31 7-31 for Yuba 1 7-15 50c (quar.) Inc. (name recently changed Manufacturing Co.) )_ books not In resident a Less xLess British income 15c the and South Field Tapo in published and/or. record due 1975 2%% series due 1977 series due funds, 8- 8-23 8- 1957 5,000,000 16,000,000 Sinking fund debentures: 3 'A %, due 1973 3%%, $4.56 110,000shs. 65,000 shs. (no par) (no par) $4.64 preferred stock (no Common stock (no par) par)— as to authorization, but other mortgage provisions. PURCHASERS—The purchase from of the amounts 1987 65,000 Shs. 100/000 shs. 100,000 Shs. -4,000,000shs. 4,000,000 shs. •Unlimited or 4,900,000 110,000 Shs. 5,000,000 stock preferred stock earnings 4,500,000 $5,000,000 due 1977 preferred Issuance limited by property, purchasers named beiow have severally agreed the following respective principal the company series-bonds: ^ The Robinson-Hutnpftrey Go* Inc. _ $1,000,000 The First Boston Corp. $3,300,000 Ladenburg, Thalmann &; Co. 1,500,000 _ Wertheim Bache & 1956 & Co 1,500,000 1,200,000 1,200,000 1,000,000 & Co. Co. New York Hanseatic $82,483,849 $64,954,509 $55,902,626 $40,433,804 — —— Corp. —V. 24,520,705 26,581,223 1,000,000 186, p. $57,324,557 $41,722,538 deprec., interest on provisions of subsidiaries losses and Federal income for Shearson, Hammill & Co. : Burnham & Co Schwabacher & Co Julien Collins & Co First Southwest Co.— The Illinois Co., Inc Blunt Ellis & Simmons Kirkpatrick-Pettis Co._ 14,424,324 19,206,635 250,000 taxes 1,000,000 750,000 700,000 500,000 500,000 500/100 250,000 $3,064,894 $7.26 $37.20 increase in $17,529,000 of gross operating income was primarily to oil and gas production from new properties. Average and condensate for the nine months $73,812 barrels as compared to 68,322 barrels for the same period the prior year.—V. 185, p. 1793. in (James) Talcott, Inc.—Reports Record First corporation on July 17 reported that consolidated net income first six months of 1957 reached $835,918, the largest amount This the in earned ever by it in a six-month period since the firm was founded 1854. in is of $690,048, Federal 523,120 common preferred dividends and equaled $1.17 a share on the after outstanding, provision for taxes. Adjusted earnings the earnings and then chares first for on an half the 10% stock dividend paid Dec. 31, 1956 to place equivalent basis with the current year, earnings in 1956 would equal $1.06 a share.—V. 185, p. 1793. of stockholders The the common held, stock effective The in July made at July the stock certificates 15. 15 rate immediately. authorized new on will Payment instead of the At from of be overwhelmingly 2Vi of the new approved shares for a split every of share time holders voted an in¬ shares to 1,000,000 shares. July 25 to share-owners of same 250,000 mailed cash at issuance of the rate of $25 per fractional shares. share will 7- 2 be that the increased capital stock is required for TelePrompTer's expansion program, Irving B. Kahn, President and Chair¬ man, stated that no additional financing is contemplated.—V. 186, the source. was Incorrect,. The date Is Indicated here. Noting p. Pea- , corrected payment income for the first nine months of the The fiscal year current fiscal year equivalent to $5.10 per share on the 838,884 shares of common outstanding compared with $4.26 per share for the same period the previous year. Net income for the present fiscal year includes a non-recurring capital gain equivalent to $0.38 per share on the common stock out¬ standing compared with a capital gain of $0.34 per share during the first nine months of the previous year.—V. 186, p. 259. Texas Utilities Co. Net Income per Dividends per •On 155. Texas Eastern Transmission Corp.—Plans Expansion— Applications by this corporation and Wilcox Trend Gathering Sys¬ tem, Inc., of Dallas, Tex., seeking authorization to construct natural gas facilities, during the year 1957 at an estimated cost of approximately $4,000,000, have been.'accepted for filing, the Federal Power Com¬ mission announced on July 11. p. $6,103,115 1957—12 Mo®;—1956 $5,686,802 $29,738,349 $25,292,465 $0.50 $0.47 $2.44 4,395,600 3,907,200 17,094,000 $0.36 declared Dividends (& Subs.)—Earnings Higher— 1957—3 Mos.—1956 —.— •Earnings , provision for preferred dividends and Federal taxes, earnings equaled $1.26 a share on the 589,023 shares of common stock out¬ standing at the midyear. In the first half of 1956, consolidated net income amounted to 7- tax. 1956, according to John T. Oxley, President. corporation ends on Aug. 31. Period End. May 31— Half— 1 Canadian non-resldenta tax. Corp.—Earnings Increased— earnings for the nine months ended May 31, 1957, with $3,575,207 in the nine months ended compared was 1 2 the The net 100,000 stock $15,707,921 share per net $4,275,487 May 31, of income income 24,233,320 22,100,001 and debentures, and were „ 155. Texas Natural Gasoline 1,288,734 1,421,931 : 8- tax deductible at 7,000,000 1978 Wood, Struthers due 2 resident tax 7%. date $18,000,000 Central Republic Co. 8- Jamaica Income tax. ,j Previous <ut« 15%; Outstanding bonds: series rate' by the TelePrompTer Corp.—Votes 2%-for-l Split— closed for this dividend, Canadian tax by the t30c tPayable in U. S. funds, less 15% {Payable undertaken *56y4C preferred (quar.) •Transfer Authorized mortgage 2%% $4 total production — NOTE—The record 4 Vi % CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING •First 1987 already in operation on should be completed are income loans crease Zellers, Ltd., common , counties. 41 1986 (Calif.)—Earnings Up Sharply— - depl., Net Net 7-10 (quar.) Yuba Industries, from Kern County 185, p. 2852. County.—V. Provision Francisco)— (quar.) Gas in EARNINGS—For the 12 months ended April 30, 1957, total operating revenues of the company amounted to $58,547,000 and net Income to $14,027,000. compared with total operating revenues of $56,471,000 and net Income of $13,451,000 for the calendar year 1956. In 1955 total operating revenues were $49,084,000 and net income of $10,910,000.' due 7-17 37%c Co. Machine Co. $36,500,000 in 1958. due program taxes general and administrative expenses-.—— bank 9-20 25c (monthly) 7-25 25c Yellow in Intangible drilling costs of wells rentals and abandonments, 7-15 1 10c :__——— Yates-American rigs the current Lease — Monthly communities After —— Wrigley (Wm.) Jr. Co. Monthly —: and series its daily net production of crude oil Electric— County preferred Wright Line, class B 1957 996,000. As of April 30, 1957, the company was serving 288,248 cus¬ tomers, including customers at retail in 113 cities, towns and rural to Balance 7-15 (quar.)__ (interim.) Above payment less British income tax and deduction of expenses of Depository. Worcester $29,000,000 in BUSINESS—Company renders electric service in an area in north¬ west and west Texas having an estimated population in excess of 8-30 — & Co., Ltd. or series increase contemplates Field Poso Miscellaneous =8-15 \ (quar.) Co. to September. program Mt. & 7-25 8-21 8c $1.50 (quar.)— Woolworth (F: W.) drilling that 10-11 8c ' Woolworth ever operating income———— Production, oper., geological, geophysical, 8 11- 25c monthly)— preferred (quar.) 4.44% 7- 7-31 25c (quar.i preferred (quar.).: 5.04% preferred (quar.) ambitious most Gross $1.25 — 5% about Consolidated Service, common re¬ 7-19 - Fund designed 9 Months Ended May 31— ~ Wisconsin Public the three and 7-12 Monthly Wisconsin said, Total (increased special redemption prices ranging from 101.61% for those prior to July l, 1958, to 100% for those redeemed on July 1, 1986. 11,500,000 8,000,600 17,000,000 10,000,000 - of one Superior Oil Co. 1 1 _. ( at (Inc.) Wisconsin Electric Power Co., 6% 9-13 1 Co. Stores • " 1985 and Is designed to secure maximum production from diverse operations. It marks another step in the com¬ move to concentrate its resources on oil production. property of Ventura 8- (quar.i— common 100.0199. three the 8c Winn-Dixie : ii8-l '7-31 8- (quar.) Wilson-Jones 8-15 15c 25c Wilson & Co., Inc., program important effects on the company's The for 75c — Industries, Inc., 1982 the drilling of two new wells, location more, and re-drilling and/or remedial work on 13 existing wells. The operation will be concentrated in four California oil fields where Sunset already has extensive production, namely, the Placerita Field in Los Angeles County, the Raisin City Field in Fresno County, (quar.) Williams-McWilliam Co. redeemable are 1981 first Chocolate— Wilbur-Suchard $5 Co. dividend Kuhn, Loeb & Co., Blyth & (Jointly), 100.12; Kidder, Peabody Pierce, Fenner & Beane (jointly), 100.12, due 7-16 — Mfg. Cement Whiting Corp. • 100.319; due 7-16 $1.43% preferred (quar.) Eastman due he said, company > 1 follows: series series 1 (quar.) iquar.) is program company's pany's recent Mr. Sterling -.*• (quar.i Machine Corp.— White Sewing development new Vice-President. company, $1 Wheeling •& Lake Erie Ry., com. as series 1 t30c received 3'A % 8- (quar.i-— Co., were 3%% 8- 1 & 4%s Brothers Lynch, Stuart bonds & Lehman Merrill as 8,000.000 3iy<c 10- t the bonds 1979 with 30c of the pro¬ 259. 4 7-16 (quar.) Inc. Westmoreland, p. due 9- 6 10- use series 7-15 $1.25 by 2%%> 1 _ gas stock. common 1 — (quan>__— preferred of 8- — 1 Corp. natural 4%% shares 32 Vic —. and 3% 988,890 9-14 $- of 3%% outstanding 50c — 5% ^preferred 5.20'f has 20C $2 Co., common Light & Telephone Co., com. (quar.) (quar.)— : Western • all properties are located in facilities in Denmark, Italy, Substantially ' scale large The 1 '- ■ (accum.)_. A Life Insurance Western • Co.— hotels. 155. p. the Securities Insurance Western sales purchases to be made.—V. 186, struction program for the remainder of 1957 and part of 1958, and for other purposes, such as the repayment of $4,400,000 borrowed from its parent. The company's construction program is expected to cost Main, Co., Inc. production and reserves in California oil fields has been initiated by this corporation, it was disclosed on July 17 by Morton A. Sterling, 7- 8 25c _ and corporation Executive 20c (quar.) * PROCEEDS^—Net proceeds from the sale of the bonds, together with a $6,000,000 cash contribution to the common stock equity of the company made by its parent, Texas Utilities Co., will be used to pro¬ vide funds to cover estimated expenditures for the company's con¬ velopment Program—, 9-10 1 10- 60c with the appli¬ along the deemed Sunset International Petroleum Corp.—Starts New De¬ 8-10 (quar.) Coal Kentucky .Western _ $1,000,000, 3JA% 7-15 5 —V. $1.12'/a _ —_—. gas Securities and Halsey, after decades. The '$1.06% <quar.i___ ___, tquar.>__ 7-26 8- 50c _______ Co. and Alien the for of 17 by A. G. Germany, but there are also certain Austria, Switzerland and Holland. Co.— & conv. West 7-20 30c (quar.i Washington Gas $4.25 preferred 7-15 1 8- than at the option of the company at regular redemption prices ranging from 107.61% for those redeemed prior to July l, 1962, to 100% for those redeemed on or after. July 1, -1986; purchased 53% of the outstanding Property at a price of $37,019 acting for themselves and Lehman Inc. agents Other bid. Bank Office <fc shares Bank July on Deutsche the from G. installations 30c ; Inc. Pictures, Bros. $4.50 30c J. — Co. •Walworth .Warner 9 7-31 62 Vic iquar.i_ 8- additional or for Union Inc., The Stinnes Corp. is engaged through approximately 100 sub¬ in the production and distribution of coal, coke, coke by¬ products, chemicals, glass, oil products and electric power. In addi¬ tion, the corporation distributes iron and steel and building materials, does ocean and inland shipping and stevedoring, and operates harbor 7-10 Wiscensin- of Co. 7-31 9-10 more sidiaries 7-26 t25c (quar.i— 5% Manufacturing •Walker 8-20 4c (quar.) new Other bids and ruling, "file announced Brothers. were three 25c Fund Line Value common any Dillon, Hugo Walker not indicated coupon. claiming 1955, triple damages and anti-trust law. In February, as shareholders residing in the United privilege of tendering their shares to the German buyer for a period of 14 business days at the same price. This transaction is of considerable significance, for the restoration of the Hugo Stinnes Corporation to its native control marks the first major German repatriation of ownership from the United States in 2 8- $1.25 . suits without latest was 25, A. 20c ___ the company shares share. 20C — Sterling Stinnes Corp.—Additional Stock Tendered— Lehman and (quar.). Vapor Heating Corp.— 5% preferred (quar.) 5% preferred (quar.) Virginia. Coal & .Iron (quar.)— •Virginian Railway (stock dividend 1 of failure complaint it (quar.)-. Sea Food Waters & Rogers filed agreements, "dismissed tendered 50c Van its of same Germany, a Van Camp at July 1,1987, at a price of 101.608% and accrued interest, to yield 4.65% to maturity. The group was awarded the bonds at competitive bidding July 15 at 100:82% for the He agreements. with additional An has 8-15 9- contention limitations." of with aver (Hugo) 7-30 17 Vie Co statute "will not be entertained unless the plaintiff particularity an overt act within the statutory period." time, the judge held that the German company might pursue a claim for equitable relief, but required that "in the interest of orderly procedure" the plaintiff file with the Court a definite statement of particulars.—V. 185, p. 2960. 6 9- Smith German 6 12-27 $1.06'A . the alleged violation of on pre-war amended At Inc.— Co. 4\2','c Utah 1 50c (quar.) the 7-11 1 8- 9-27 40c Marion 8- 25c Universal 40c (initial quar.) New common ) the had pre-war based Judge on on connection can 1 ,* " (quar.i B (s-a)__. (quar.) "meritorious" company based relief In Wallpaper— 4J4% series A preferred 5"t convertible preferred be German 8-15 (quar.) plaintiff is barred by to upon 1 1st the complaint should be dismissed because which relief can be granted^" 3 9- $6 conv. facilities $150,000. over stated purpose of the proposed faciUties is to enable to purchase natural gas from independent producers Texas Electric Service Co.—Bonds Offered—The First Boston Corp. and associates on July 16 offered publicly issue of $16,000,000 4%% first mortgage bonds, due handed down July 16 in the U. S. District Court, Jersey, Judge Smith held that "the claim for damages New by held The (quar.i its an of further 7-H 8- William F. Smith has dismissed a claim for triple alleged violation of antitrust law which was made by Eayer A. G., of Germany, in a suit against Sterling decision a asserted $1.12% common Judge for District 9-20 12-20 '15c 5'|i preferred (quar.) 5 In . 10-10 62yac — preferred (quar.) pfd. (quar.)__ United Transit, common (quar.)— United 8-30 1 make Drug Inc. 8-30 $2.50 1-10-58 — tquar.j (quar.) non-cumulative 3% . 9-27 Corp.— U. S. Fire Insurance Co. United Stores Corp., 7-31 10- $6,175,194 Farbenfabriken 7-12 $2.50 — cants $6,244,937 of present and established transmisison pipelines. The applicants' systemsare integrated and coordinated so as to supply -the same customers in the same market areas. Neither applicant seeks authorization to 1957—4 Mos.—1956 $1,711,910 proposed cost single project The Eastern its of Sterling Drug Inc.—Wins Bayer Suit— 50c - . the 2960. p. cost proposed facilities at not over single project to exceed $500,000. Wilcox estimates.' posed facilities and 8c (quar.)— common & Chemical Borax 9 $1,551,239 __ 185, damages (quar.) preferred 4%% 7- 37»/2C Distributors Shirt 6 % 1 and 3c .•\ United 8- 1957—Month—1956 overall no no 12) page the $3,000,000, with 9 $1.06 >A (quar.) RR. & Canal New Jersey United 7- Federal common estimates 51 descrip¬ tion Stores, Inc.—June Sales Lower— Sales —V. 1 Fund— from net investment income from securities profits) 414C< 7-15 7-31 8- Inc.— Funds, (5c United 8-15 15C (quar.) United Continental . (quar.) com. 8-31 40c (quar.)___ quar.i Preferred United 38c 10c class A Ltd., Corps, Class Bros. Period End. June 30— United Drill &.T00I Corp., Both .companies In their applications stated that'the exact of- the facilities to be constructed is unknown. Texas Corporation and Investment News 8- 9 8-31 IOC : convertible General 3 9- 9-16 $1.25 ' $3.50 Boldert Payable oj Ret, Share Name of Company (363) $0.32 $1.40 share share— $2.07 15,018,500 , $1.25 12,210,000 common shares outstanding end of period.—V. 185, 190. Thomas Industries, Inc.—Stock Offered—Kidder, Pea- body & Co., Inc. and McCormick & Co. on July 17 of¬ fered publicly 25,886 shares of class A common Stock (par $1) at $13.25 per share. is making available for In addition, the company purchase by certain employees 1,000 shares of class B common and an additional 5,000 shares of class A common in 125 units, each consisting of 40 class A shares and 8 class B shares, Each unit is priced at $1,240. , PROCEEDS—Net proceeds of the sales will not accrue to the com¬ but to selling stockholders. Among the selling stockholders is the Bprayit Foundation, which holds the 6,000 shares being offered to Thomas employees. pany, BUSINESS—The company and Its subsidiaries are producers of lighting fixtures, portable paint spraying equipment, portable power saws, hand-blown glass components for lighting fixtures, other glass products, bathroom cabinets, molds for concrete columns and military Items. EARNINGS—Sales In 1956 amounted to $18,655,397 smd net Income was $946,449, shares four of equal class months of A to and 1957 $288,197, equal to 76 $2.49 per share, based on a total of 363,544 B stock outstanding. Sales - for the first class amounted to $6,449,442 "with net income-totaling cents per share. For the first lour months of Commercial and The ' - " * ' \ Outstanding Authorized ' $1,050,000 $1,500,000 19G6 cumulative sinking fund preferred 6% I? 333,o44 shs. 30.000 slis. •300,000 shares of class A common stock are reserved for issuance Aipon conversion of the 30,000 outstanding shares oi class B common «tock, and 40.000 shares of class A common stock are reserved for issuance upon exercise of Restricted Stock Options ioptions on lo,800 stock, series B 8.150 shs. *800.000 shs. 45.000 shs. <$100 par value ($1 par value t— < $10 par value t A stock common chares reclassification of the capital stock in 1955. quarterly dividends of 25c per share on the class A and class B common stocks. In addition, u year-end extr<i dividend of 10c per share of class A and class B common stock was fHiid in 1956. The board of directors presently Intends to continue dividends on the class A and class B common stocks on a quarterly basis. the UNDERWRITERS—The shares of A class of McCormick Inc.__.-_ Co. Co & —>--- ■ — —~ —V. 186, p. 52. Authorize Conversion— Thompson Products, Inc.—To proposal to authorize conferring of conversion rights in connection with a proposed issue of approximately $20,000,000 convertible subordinate debentures.—V. 185, stockholders The Aug. on consider will 9 a 1793. p. ■ Realty Tishman Construction Co., Inc.—Secondary & 80 cents per It was completed.—V. 186, p. 259. share. (par $1) at $6 per share on a best-efforts basis. No shares will be sold unless at least 75,000 of the shares offered This figure have used sale the trade the of apply the net proceeds received stock toward the reduction oi the discontinuance as soon as common new payable accounts towards and sale of program of obtaining cash through accounts receivable to Lexington Fund, Inc. The amounts to be practicable of the present purposes EFFECT GIVING CAPITALIZATION PRESENT TO FINANCING $598,481 1,500,000 debs., due Nov. 1, 1970.: first mortgage note obligation of Tracerlab Realty, Inc., due Feb. 1, '72 conv. at due Sept. Bank Boston of the per start high and earlier assuming $37.50 of $36.17 exercise June first the at 1,580,935, of of 30, decrease a Net investment 15% 1956. Mr. in new funds and improved totaled income about was at the $4,947,194 from than'the greater Randolph the $4,280,253 attributed this of half first the Corp. 1957—3 Mos.—1956 $397,522 342,892 878,138 earnings shares — $466,328 with interest at 5'; per annum and the 6% promissory *iote of the company to Tracerlab Development Corp., a wholly-owned of $144,362 $$110,891 *$480,616 $35,515 752,558 746,000 752,558 746,000 $0.19 *$0.15 *$0.64 $0.05 outstanding, share include sales of President, by The Equitable Life Assurance Society of the United States July 9, 1.957 by Tracerlab Realty, Inc., u wholly-owned tHeld assumed reached stated that Union to establish its the subsidiaries. foreign obligation is secured by a mortgage the Waltham real estate leased by the company from TRI and the subsidiary on is lease the of also This company. assigned security collateral as such for in¬ mortgage debtedness. originally the obligation of TDC but was -essoined by TRI on July 9, 1957, at which time approximately $28,000 ■of principal and interest was due but unpaid. Among the assets ecquired by TRI from TDC on July 9, 1957 was sufficient cash to pay such amount, which is to be paid in full on or before Aug. 1, 1957. tThis obligation plans and to This statement t After action thereof 1,560 ($14.41 shares share per in If all of the common stock now i. debentures Carbide expects offered Edison its our said, take such to will "we business in in connection made Co. "In its our with action as Missouri Electric now Edison issue to $20 the share price right the basis on shares Jheld.—V. 186, is subscribe to the additional additional shares shares shares of of convertible debentures of en additional stock at the adjusted conversion price of said Neb. 1946 28, instruments of ment organic carries and for on It inorganic and the utilization, detection and measure¬ processes radioisotopes, synthesizes equipment for radioactivity. itself also compounds chemicul and others wide u activities in the range of radioisotopes, „ research and service of tmsiness. The company physics and chemistry. The foregoing generally referred to as its "nucleonics" are Keleket X-Ray qorp, is one of ♦he principal producers and distributors of X-ray apparatus and equipment and is a distributor of X-ray film, tubes, supplies and company's subsidiary, accessories. The principal offices and laboratories and the nucleonics manufac¬ turing facilities now are, and the X-ray manufacturing facilities soon v.'ill be, located in a new building situated at Trapelo Road and Koute 128, Waltham, Mass. This building contains approximately . 164,000 the floor space, and is situated on an HVa acre built to plans and specifications prepared by and is now leased by the company from its wholly-owned land. It company of of was Tracerlab subsidiary, rental feet square of f)lot Realty, Inc., in the first $143,000 for year, a period increasing of 20 years in varying at- a net amounts to -approximately $185,000 in the tenth year, after which such net rental Is again reduced to $143,000.per year. The company is also obligated to pay real estate taxee, insurance and maintenance, which are esti¬ mated The The tory exceed company Waltham Koute to not owns Of plant. 128 taining for leases on company and office per commercial a exceed to long-term 21.000 square insurance and $19,000 per .$2,100 per Texas, The lor share are year addition to of produced Tank company calls now7 net rental basis in meeting a of issuance the on basis Phoenix Phoenix. to of has held be action proposed by the the in United divisions, steel dated their directors. 2.1 shares 210,120 but authorized previously of shares Union The feet. annual companv also leases in Boston rental net of for a rental of Houston, will assets to has anniversary., tank the since built cars equipment, drop l'orgings, amount to about $200,000,000 approximately $87,000,000.—V. and will certain be other terminated corporation flew any previous by the to President. and The miles, 11,386,000 to by rubber and 135, p. rental of where space their $7,200 under regional per or The in addition, the short-term leases year, various branch offices or company, and Keleket in the several cities laboratories are located. company also owns, subject to a mortgage, the building at 130 High Street in downtown Boston which previously housed its principal offices, laboratories and plant. This building, which contains approxi«nately 45,000 square feet of floor space, is currently being offered €or sale,—V. 186, p. 259. 100 the the 3 Vc passenger miles in Ariz., the 1956. are from the capital stock, 1,000.000 directors declaring of record for at dividend.—V. ton the same miles, up common Revenue month 7'V capital more'than 91% a Feb. The 186, 260. p. Inc., Phoenix, public 1 issue an of 500,000 (par $1) at $2.50 per share. on The best-efforts basis. a proceeds net bona fide offered to Arizona of stock Ariz.— Angeles, CaliLTand and are to used be materials; raw the GIVING EFFECT and to purchase new ma¬ remainder added to (par TO FINANCING PRESENT Outstanding 5,000,000 shs. $1) June p. . A a 900.000 shs. year' ago. and mail (including 54% in express decrease of difficulties 260. p. of stock Stock Dividend— on July 16 adopted, the company's outstanding by taken June that is close p. of 52. April on 5, actual no proposed plan is under taking place.—V. 165, the 1957 production 1932. U. S. Vitamin Corp.—Reports Record and sales income net registered Earnings— new peaks in the six current fiscal President, announced on July 16. Consolidated sales for the six months' period totaled $6,556,530 compared with $6,158,120 in the corresponding period of 1956. Net income for the 1957 period after Federal income taxes was $822,289 a gain of 14% over the $720,813 in the 1956 six months. The net cents ended May Boris H. first and p. half of calculated share, 185, half of the company's Burns, the in a standing. first the 31, an increase the fiscal current year of dividends from Stores Co. on 1957 stock 2.028 income Net —V. Federal nrofit ' 105, p. 2038. income . 396,136 1,316 $732,096 47,952 tax -1 % 65,325 51,000 : expenses lor 1956 $334,642 396,138 . $307,647 $705,813 common McCrory Stores Corp. common stock income from U, S. Gov't securities 15. 87 investments: Interest Total to Show Decline- Stores Corp.—Earnings United Provision equal 1092. six Months Ended June 30— Total was 948,955 common shares presently out¬ 11 cents a share over the 1956 period. on com¬ 1957, subject to stockholder approval, 1957 to holders of the common stock business this date, a 100'; common stock 19, Aug. Arizona corporation incorporated on an components. fact there —V. of and devices the to Due construction, year. miles airplane is Its 1957. 11. electronic < than company principal offices are located at 3300 North Central Ave.. Phoenix, Ariz. The primary purpose of the company is to man¬ ufacture and distribute semiconductor products and other types of consoli¬ its proposal to increase the authorized common stock to 1,500,000 shares, and ratified the action of payment 186, Wilmington, Del.—V. Products, State offered BUSINESS—The 2145, shares the con¬ mine. Authorized stock Common products, operated 493.752.000 revenue United Drill & Tool Corp.—100% mon miles a Peak. Silver in- to reactivate the mine. are at Room 403. 39 La Salle St., Silver Peak. Nev., and its statutory at July on the of McLellan of the 10th Street, common equipment income June. ton miles was attributed to continuing labor Railway Express Agency during the month.—V. 186, holders located capital. Income The is Semiconductor S. PROCEEDS—The in history, according to estimated Johnson. Vice-President and Assistant same time, new June records were set for above over 2,377,000 affirmative vote of is quali¬ under acquire funds office West working 1949 Union 31-year passenger-cargo planes 4% were ) Delaware, in also acquired has Mill Bruhi 1956 the Nivloc Mine located eight The company will endeavor for custom milling from other mines. The purpose field chinery, to E. 451,000 of 1, 1957 when all of such activities will have been moved to the new plant in Waltham. Keleket leases 12,000 square feet of v. arehouse space in Covington, Ky., under short-term leases, for a its freight- reached 5.327,000 ton miles, up 25%, class 21, May on owns Tank fright traffic. airline's 175 passenger first in Robert At revenue more month released mail of company reactivate CAPITALIZATION field figures Air approximately 36,300 aquare feet of space for X-ray manufacturing activities. It is that those anticipated leases total is Its securities outstanding. United Air Lines. Inc.—Reports New Records— This to The the offering is to months in under¬ corporation's executive offices shares of t>y Aug. occupy this residents and worth net of under¬ the purchase sale contracts Phoenix, month, next pipe and tank flanges will also come to Union Tank through its acquisition of Phoenix and Graver. Following the consummation of the proposed transaction. Union's consolidated shares The 1956, States. oil as mill of an Nev. intends at to such rolling share. per sold 419,016 shares of their Chicago, 111., for $106,051.40 group Levine incorporated of 111. cars. celebrating its 100th virtually all of the tanks for now addition The Peak, bill obtain U. making tank car tanks and similar types of vessels, Graver is a leading fabricator oi field erected tanks for liquid products and maintains an experienced field organization for erecting such tanks at storage points, thus providing diversification for Union Tank in a closely related field. Other important manufacturing and construction plant, labora¬ a The company is also obligated to pay which are estimated not leases the for stock tank $1 of November to Stock Offered—Jonathan & Co., Los - approximately 550 square feet of space in radiochemical laboratory and office there. the 52,600 Graver, stockholders, 300,000 Co.—Acquisition— approve of offered shares on company The PhoenLx. Tank Up Samuel L. do business in Nevada, Silver company seven Tank, which was incorporated in 1891, owns and leases of liquid products in this country and Canada u fleet of excess to house its In one Union shippers In of transaction Union maintenance, The' year. to unissued use. building in Richmond, Calif., of reinforced concrete specifically to the eomnanv's requirements and con¬ taxes, asked price a Co. shares. the Minskoff to 1958. Consolidated built approximately stockholders be year. these premises is $22,500 per year. .tfeal estate The approximately 23 acres of land adjacent to the this land, approximately nine acres fronting on zoned are construction $96,000 This ditional arrangement under which Union Tank will acquire all the assets Phoenix, including the stock of its wholly owned subsidiary Graver Tank & Mfg. Co., Inc., of East Chicago. will & 1956, group from oi and the field of nuclear activities with 3. stock 31, fied to rights an corporation was incorporated in Massachusetts on and is a leading producer of scientific and industrial special report to the a corporation at sale for 57,800 Nov. of the Phoenix Manufacturing Co. of Joliet, 111., on that the directors of both companies have approved July 18 announced share. BUSINESS—The sold and company in this 1956, Real R. N. office Union Tank Car This $12.48 President, of stock common Chicago, 16,123 5% common which 57,800 corparation the necessary funds with which to make the payment. additional payment Jn the amount of $33,845 became due <©n 7, 19&7. 2Jr. Levine ugain loaned the corporation $12,845 'to make part payment of that amount and the balance was extended. On April 9, 1957, the corporation entered into a new underwriting agreement with Jean R. Veditz Co., Inc., of 160 Broadway, New York, New York, under the terms of which the undeiwriter has agreed to use its best efforts to seil the balance of the offering: 242,200 shares.-" Union each for May 18 on June offer these at the $20 to Corp.—Stock Offer- said in part; was 260. p. location. Ap shares shares 172 proposes in. Co. price consisted of $80,731.40 for the and $25,320 representing the balancevdue the advance of $60,000 which they had made in order to purchase the Bruhi Mill. Mr. Levine also assumed payment to the Minskoff group of $11,581.67 for other advances which w£re made by that group to this corporation. Mr. Levine paid this amount to the Minskoff group on March 31, 1957. "A payment was due on the Bruhi Mill In the amount of $34,670 on Dec. 7, 1956. This amount has been paid. Mr. Levine loaned the outstanding 166,667 remaining Edison for three of the and Missouri of office total issue of 300,000 shares, of a Levine, Minskoff additional 71,429 $1,428,580. or home States Mining: & Milling L. 1 March out Trade Com¬ Federal sell and share, per 166,495 owns common, stockholders. seven stockholders per at Investment payable as follows: $40,000 on the closing of the contract, which was paid on Jan. 4, 1957; $33,000 on Oct. 1, 1957, and $33,051.40 on is neces¬ to shares by proposed Associates of Leasing Corp. September "On continue to carry normal fashion." the Vice-President Veditz Co., Inc., of New York City, investment St. Louis, Mo.—Unit to Finance— stock common Union held manufacturing and miscellaneous, 1.48.—V. 185, p. 1932. industries writer acquire such shares, less such number of acquired by minority stockholders pursuant to a be of 14.35; 1.66; natural gas, company's purchase Dial Mr. conduct was offering. of the Indenture under which the 5%. convertible issued will require the reservation for issuance upon were conversion July on on proposes may holdings of the corporation as of June 30. 1957 repre¬ of total assets: oil, 45.16% ; chemical and Heins, States Samuel the provisions 4Sokl, per Missouri as 30, percentages balance of it was announced on July 12, has joined with its subsidiary, Missouri Edison Co. in the filing of an application with the SEC with respect to a common stock financing proposal of the sub¬ sidiary; and the Commission has given interested persons until July 29, 1957, to request a hearing thereon, of June Between were paid, from capital gains and share was from net ordi¬ shares have already been sold. deducting company, Electric shares. was publicly 242,200 shares of common stock (par cent) as a speculation at $1 per share. This is the one on Union Electric Co., shares of share per offered July 11 charging Union Carbide with violating the anti-merger law by the acquisition of Visking.—V. 186, p. 155. was the treasury, 36,100 shares reserved for Issuance upon exercise of employees' stock options granted or authorized to be granted, and 104.117 shares reserved for issuance upon conversion «f. the 5% convertible debentures at the current conversion price .' {Excluding the small United position. meantime." our This number same $4.1278 or $3,218,622 or 97.22 cents per R. Jean R. eubsidiary of Gilbane Building Co., in the principal amount of $101,000 «nd 3,310.815 $691,586 July 17 said that prior to the acquisition Dec. 31, 1956, a thorough study ^vas made and the that this action was legal and proper. Mr. Dial Corp. on payable during 1957. the on leases manufacturing equipment to large internationally and maintains branch offices in Dallas and Chicago.—V. 186, p. 53. selling and general expenses, but before depreciation income taxes, *Loss. {Net earnings (losses» above in¬ foreign earnings only to the extent of cash dividends received— none—1956 $270,324.— -V. 185, p. 2496. mission's of stock these United and Cr76,680 ____ ___ per sales "In share per charge of the Commercial Loan Division, has resigned that position to accept appointment as President of the United States Leasing Corp. Mr. Heins will assume his new position on Aug. 1 in San Francisco, Federal sary $39.36 to United States Leasing: Corp.—New President— manufacturing, also 1932. income. William 732,751 Crl0G,243 taxes of Visking §682,007 shs. being now are p. dividends amounting to $16,885,157 1957, 7.34; electric utility, Union Carbide Corp.—Acquisition Held Legal— 1C-0,000 100.000 the on 30. drug. 15.84; metal and mining, 1957—6 Mos.—1956 $125,758 442,385 income {Earnings elude 185, of $586,747 Depreciation and million $6=4 of Foreign Securities Corp.—Assets Lower equivalent $13,666,535 balance sented (& Domestic Subs.)—Earns. Up— earnings •Net proceeds investment company reports net assets at $131,977,502 1957, share per Common income Period End. June 30— No. net received for Underwood Net 30, and June which nary common stock issued upon exercise of warrants on portfolio investments. He brought out that dividends, totaling 60 cents lor the first half, were maintained at the quarterly rate initially established in the first quarter of 1955, but that this year's second quarter dividend was paid on 2,131,255 more chares,—V, 185, p, 982. ♦Net the and $3,947,000 $4,126,000 company's construction program.—V. June 1956 of stock common conclusion 1,000,000 shs. of $41.80 1957 earnings to the stock common 311,557 additional shares of the company's received by the shareowners. All of the shares of common stock outstanding. During the first half, the cor¬ poration paid two dividends of 20 cents each from net ordinary income, As of June 30. 1956, the net assets amounted ta $138,410,515. equal to the corresponding in increase 3,947,000 197,000 _____ shares year, for 4,715.000 768.000 of well was sold been in to offering This closed-end stood thrrae warrants, $36.00 all up 561,000 4,323,000 United States & shares the year. of share, common all-time Morse G. Dial, of the company's indebtedness to The First payable on demand in the principal amount principally •Consisting National shares of common outstanding to new common 4,884.000 . applicable stock writer 1,000,000 1,000,000 value)———_ par 343,564 Mr. Randolph re¬ ported. He stated that this measurement of per share asset value gives a clearer reflection of Tri-Continencal's investment performance than assets per common share outstanding inasmuch as it minimizes the influence of the issuance of a relatively large number of new shares of common stock at the warrant exercise price of $17.76 each. Assets per common share outstanding were $43.78 at June 30 as compared with «43.17 on March 31 and $45.20 at the beginning of 1957. 1,500,000 1966 30, ($1 since new a 3957 tParticipation in 6% second mortgage note obligation of Tracerlab Realty, Inc., oi number of total as th'/e Common stock issuance the the $598,481 __ _____—— from raised Outstanclin'J Authorized -Short-term notes 8% This of 585,900 applied will be determined by the company after receipt of such proceeds, giving consideration to the amount oi the proceeds and to other relevant circumstances. •, respective these to received was 6,320,803 and reduced the warrants-remaining to 2,061,000 — recent common compared with 8316,670,247 at March 31 and $310,999,708 stock. 4.019.000 (net; preferred stock on Balance The the beginning of 1957. During the second quarter, Mr, Randolph said, warrants continued to be exercised at a rapid rale and $6,101,700 PROCEEDS—The company intends to from income income 2,665,00(3 4,085,000 investment clcsed-end a new high of $335,338,432 at June 30, it was by Francis F, Randolph, Chairman of the Board President. Federal sold. are diversified large 17,634.000 2,817,000 4. taxes_______ deductions Dividends to 12 20.737,000 2,047,000 income Operating Calif., stock now this 1956 $34,570,000 $31,094,000 taxes Income at offered 200,000 shares of common 18 publicly July on and July on of assets increased company reported Offered—Lee Higginson Corp. Tracerlab, Inc.—Stock Other Net period Offering—A secondary offering of 15,000 shares of com¬ mon stock (par $1) was made on July 17 by Wertheim, & Co. at S22.75 per share, with a dealer s concession of Federal one a Corp.—Investment Assets Rise— Tri-Continental and ■' on quired by the Hughes Tool Co.—V. 185, p. 2961. months — — The offering, 15. basis, closed July 8. Of shares offered to holders other than the Hughes Tool Co., 644,077 shares, or 75%, were subscribed. The remainder of the issue was ac¬ Assets ghares Peabody <fe Kidder, of them Foundation; are Sprayit than other stockholders (from the selling «et forth below: number of the underwriters and the stock to be purchased by each names common July on 1957 operating revenues Operating and maintenance expenses Depreciation one Investment paid has company per Illuminating Co. of New Haven—Earnings Up Gross offering share for total proceeds of $43,381,468, announced was for outstanding). are DIVIDENDS—Since the price of $13 it ,c Class A common stock Class i Chronicle... Monday, July 22, 1957 12 Mon Ais Ended May 31— fering by this corporation were purchased at the AS OF APRIL 30. 1057 and 4"c notes due to Aug. 21. 3Vhfc United. Completely Issue 3,337,036 shares of the recent stock of¬ Subscribed—All CAPITALIZATION Inc.—Stock Airlines, World Trans net Income totaling $331,312, to $6,608,003, with sales amounted 1956, «qual to 87 cents per share, A". Financial (364) 32 52,000 $606,861 $614,771 Volume 186 Number 5657 Vision Inc. by William Lawrence, E. Barlow, Mr. on President President and VISION by this company of Printers' Ink July io and Jointly announced acquisition completed were Jr., President the for Co. the of Lawrence Inc., VISION of Ink. Printers' Chairman the of Richard and Barlow Mr. of Board W. will Printers' be Incorporated organization management Burejau throughout Business of National diversified a Latin the include Institute, Development Sales The low revenues— of By. oper. expenses—— Net ry. inc. oper. income Fed. 136, is placed be used stainless which soap A drying come V the for used oven out 18C, is and by C. I. There treating announced annealing, as temperature by this in hand parts of a coater coater with dries 2050 the degrees. The which the with furnace. furnace and coating a Acceptance 714,964 807,975 4,897.913 4,904,049 572,507 539,234 3,662,107 of of the parts applied.— lubricant (Calif.)-^Stock Offered— on record stock at par ($5 per share) the basis of one new share The offering is underwritten on by Dean Witter & Co. net PROCEEDS—The and Worthington Corp.—Reports Higher Profits— income months share For vision to of income on the the for $3.03 this ended corporation and June taxes, 1.518.729 30, amounted shares corresponding Federal per standing.—V. share 185, income of period Its after 1957, to domestic $4,868,268, Common last for the $5,197,730 equivalent to $3.10 for Stock year, of per proceeds to are be used income, . after pro¬ taxes, amounted to $4,529,719, equivalent l,437,b39 shares of common stock then out¬ on the p. in Yosemite 1933. 1956 National was —V. amounted eoual to to 67 is company Park —V. 185, cents winter per hotels, of sports Wall The $ issue 1966 1, will payment 158, the for and share net on fiscal income year ended 564,215 totaled 158, p. shares 1678. s 101,533,934 110,938,951 July 27, for redemption next, the entire certificates Immediate New York, N. Y.— of S'W (formerly 4 Va 'b ) income loan (extended! at 100l» plus accrued interest. made be 2623. p. Clinton Trust Co., the at - Washington Mutual Investors Fund, Inc.—Director, etc. Robert a B. President of Southern Oxygen Co., has been elected Swope, director. The shareholders advisory July on with contract Research of the investment Management Co. of Los & the Co., and tors of the Fund. dividend A renewal approved 15 Capital business management contract with Johnston, Lemon & ratified reappointment of Price, Waterhouse & Co. as audi¬ Angeles, . in amount the of cents eight share per declared was Sept. 1, 1957, to stockholders of record July 31, 1957. Total dividends from investment income for the past 12 months were 32 cents payable on share and capital gain distributions amounted to 44 cents per share. M. Johnston, Chairman and President, pointed out that the passed two important milestones during the past fiscal year. Shares outstanding went over the million mark and total assets passed $1.0,000.000—a 10-fold increase in the past four years. The Fund was per James Fund started 1952. 1, Aug. The holds Fund 72 All be selected from the List District Columbia.—V. of of investments issues stock common industries. the Fund are representing 20 leading required by its charter to Legal Investments for Trust Funds of 185, in the 1932. p. AWAY Washington Natural Gas Co.—Stock Increased— .» overwhelmingly voted to increase the stock by 500.000 shares, Charles M. Sturkey, Pres¬ shareholders The authorized common has ident, Sale announced. stock will pansion authorized shares of to is it FROM ex¬ Y0URSELF1 Sturkey said. Mr. increase future will bring M .jn total the 1,500,000. Sturkey said that "a study made in June, $7,194,000 total gas revenue for 1957. Mr. of mate for necessary system, the outstanding, shares 906,823 when made distribution company's the of With 16 be the of number July on 1955 showed an esti¬ Already, in the first total is $5,356,878. By the end of the year we expect to reach $11,814,000, or the figure our 1955 study showed we would reach by the end of 1959," he said. Through 1958, the company now has $10,000,000 budgeted for new construction, according to Mr. Sturkey.—V. 186, p. 53. months six of the Products, Inc.—Earnings Chemical West the year, before U. S. Canadian taxes prof, & taxes on inc. (estimated!— Can. inc. & on Net profit Earnings per : — 185, $258,100 $0.58 $ $ «j> —V. $320,300 $0.73 1957—6 Mos.—1956 1957—Month—1956 $ 20,480,000 103,345,000 22,086,000 — $527,600 269,500 (Mo.)—June Sales Up— Western Auto Supply Co. sales $661,800 341,500 — — share common Period End. June 30— Net Increased— June 1, 1957 June 2. 1956 6 Months Ended— Oper. U, S. 97,806,000 2962. p. White Stores, Inc.—June Sales Up— Sales —V. $4,170,609 — — 186, 1957—6 Mos.—1956 $3,525,962 $16,506,942 $16,234,814 1957—Month—1956 Period End. June 30— 53. p. Inc.—Current Sales Higher— Winn-Dixie Stores, $ Sales —V. $ 41,110,650 267,774,959 213,065,693 50,742,027 185, 1957—26 Wks.—1956 «$>■ ■£> 1957—5 Wks.—1956 Period End. June 29— 2962. p. (Alan) Wood Steel Co.—Sales Up—Earnings Off— Sales as for quarter ended June 30, 1957, amounted to $17,837,000, with $17,231,000 for the second quarter of last year. for the second quarter of 1957 amounted to $307,000, the compared Net income equal, of dividends, preferred after shares stock common 35c per share on the 696,007 This compared with net income to outstanding. 1956 of $598,000, equal to 76c a common share, based on the number of common shares now outstanding. Harleston R. Wood, President, and J. T. Whiting, Chairman, stated that net income did not keep pace with sales volume for a number in of the second including reasons, increases ations —V. in due 135, quarter p. of rising continuing costs without compensating prices of the company's products and curtailed oper¬ enlargement oi one of tut company's two blast furnaces. the to 2854. (E. W.) Woolwortli Co.—June Sales Decreased— Sales p. new of company, pressure mechanized paint is cylinders Carter Steel Co.—Installs Paint Line— paint line, capable of applying almost every stamped components, lias been installed by tnis a leading manufacturer of stampings and lii-Pac to which and valves. C. equipped 63,439,962 350,985,996 343,531,169 2962. Worcester Pressed A kind $5 $ —61,704,474 ... 185, 1957—6 Mos.—1956 1957—Month—1956 $ ~-V. to lacquers, Tne nents Higgins, President, reports that the new line is "fully spray with all types of paints including oils, enamels, Japans, bituminous enamel and primer coatings." mec-ianized through bootn, ponents to an spray and If perfect oven une an a provides eight conveyer oven where a continuous flow of stamped compo¬ air-finishing spray booth. From the carries the freshly painted com¬ four banks of infrared bulbs insure rapid foot, system drying. drying is not wanted, and carries the Sure, you've thought about chancer. about it? Running stampings to an a conveyer area where system bv-passes they can the oven dry by air. away? Or But.. .what art1 you easing up? Reach for you'll get when he says "All of your fight doing mind.. .and medical check¬ the phone. Call your doctor now; ..The feeling clear!"...it's worth• a million! P. S; Be sure to send a check for as care are you your maybe addi ngymrs to your life., .with a thorough in Period End. June 30— stores, similar Redeem Certificates Street Corp.—To Beaver & due Nov. V. $ 17,775,071 corporation has called outstanding camps, and 2962. p. capital local Post Office; cancer with a much activities California. in revenues $7,124,933, operator an stables, 1957—6 Mos.—1956 1957—Month—1956 19,600,335 __.J working for purposes. facilities, transportation EARNINGS—Gross outstanding. net corporate BUSINESS—The subsidiaries provision general 3,766,393 s Sales sub¬ a July 9 offered to its common stock¬ July 8 the right to subscribe on or before July 26 for 113,340 additional shares of common company Walgreen Co.—June Sales Higher— Period End. June 30— organization Corp.," 2854. p. 260. p. the announced 12 ''Wurlitzer of financing for installment sales of Wurlitzer for each five shares held. the stampings and of 185, July oil Delaware of will provide Yosemite Park & Curry Co. The 261. p. laws products.—V. inch high annealing from sprayed film dry a sidiary President, Rolfing, the handle can 12 lubricant. a C. holders with are R. under metal. Inc. automatically Co.—Organizes Financing Subsidiary— Wurlitzer of capable been non-ferrous Hayes, the in the soap the of furnace also intermediate steel maximum a coater. has 30 inch wide conveyer belt and a has It annealing hour time, Mr. Higgius announced the installation coater designed to work with the new furnace. manufactured in Federal 1957—6 Mos.—1956 after taxes..: Net income after capital fund and sink, iunds —V. Improved— $9,848,967 $61,863,631 $58,215,857 7,544,551 47,726,466 44,528.236 $10,081,232 7,993,419 to steel, new per The soap coater works hand Annealed stampings are lifted Publications, European Industrial Training, and a 1957—Month—1956 30— oper. soap equipped with furnace Net Wabash RR.—June Earnings Period End. June is entrance «door. six By. furnace, carbon It a stampings At the same automatic an of of Croft C. Institute the commercial film subsidiary. divisions Other America. Arthur Inc., of 600 National Institute, Coverage, than more Practice, Foremen's Technical is with installation lbs. company. Ink. publishing and management employees. 27 regular pub¬ lications, and offices throughout the U. S., Canada, Europe and Latin America. It was organized seven years ago to specialize in business publishing and other related business information and training serv¬ ices. Total circulation of all the company's regular publications is 700.000. The company's business services are purchased by more than 35,000 companies and 4,000 school systems. They also publish Vision and Visao, Spanish and Portuguese language news magazines serving services The 700 59 (365) Installs Annealing Furnace and Soap Coater— (N.Y.)—Acquires Printers' Ink— Arrangements Publishing The Commercial and Financial Chronicle ... as you can to "Cancer" amehican cancer society. checkup and a check iMfcfrjpViVi Sept. $376,544, than 30, which outstanding. 54 Commercial and The <3f#> Financial Chronicle Monday. Jify 2?, 1957 ... DEPARTMENT STATE AND CITY • r BOND PROPOSALS AND NEGOTIATIONS Bond Sale 1961 from ARIZONA inclusive. 1982 to In¬ p. Phoenix, Ariz. Offering—John E. Burke, Clerk, will receive sealed Bond City bids until for 31 10 (MST) on July purchase of $6,000,000 the general lows: a.m. obligation bonds, Bond Sale—The 4%s, at system sewer Due on 1979 bonds. inclusive. July 1 from 1960 to Principal and (J-J) payable at the Treasurer's office; First interest City price a 100.59, of San a Mateo bids at his 10:30 County, Calif. $181,000 build¬ Savings from 1 Bank Principal and interest (J-J) payable at the City Treasur¬ er's office; Valley National Bank of Arizona, of Phoenix; „ Chase York Trust Manhattan $70,000 1958 1972 ings Bank, Chicago. 275,000 library bonds. Due on July 1 from 1960 to 1979 in¬ , 1982 eral as from 5s. 1 Aug. Due on 1962 to from inclusive. Aug. 1, 1963. on on Aug. 1 from inclusive. 1977 Little City School District, Angeles County, Calif. Offering—Harold J. Ostly, Bond Angeles County Clerk, will receive sealed bids at his office in Los Angeles until 9 a.m. (PDST) on Aug. 6 for the purchase of $290,000 school building bonds. Dated Sept. 1, 1957. Due on Sept. 1 from 1958 to 1982 inclusive. Principal and interest (M-S) payable at the Sept. 1 from 1958 to 1982 Principal and interest payable at the County inclusive. Treasurer's office. Principal and inter¬ Cucamonga County Water District, County Treasurer's office. San Bernardino County, Calif. (J-J) payable at the City Long Beach Unifxed School District, Bond Offering —Norman HixTreasurer's office; Valley Na¬ Los Angeles County, Calif. tional Bank of Arizona, of son, Secretary of the Board of Bond Sale—The $1,000,000 Se¬ Phoenix; Chase Manhattan Directors, will receive sealed ries C bonds offered July 16— at his Bank, New York Citv; or at bids office, 9324 San v. 185, p. 2855—were awarded to the Harris Trust & Savings Bernardino Road, Cucamonga, un¬ the Security-First National Bank til 2:30 p.m. (CDST) Bank, Chicago. on Aug. 7 of Los Angeles, and K. H. MoulThe bonds are dated July 1,1957. for the purchase of $100,000 Im¬ ton & Co., jointly, as 3%s, at a provement District No. 2 bonds. Legality approved by Chapman & price of 100.27, a basis of about Dated Aug. 1, 1957. Due on Aug. Cutler, of Chicago. 3.72%. clusive. est „ 1 from 1961 to 1977 Yuma County Sch. Dist. No. 3 (P.O. Vicksburg), Ariz. Bond Sale—lne improvement 186, p. J5—v. to Refnes, 55—were Lone Star Union School pay¬ Fresno able school bonds offered July ^iu,uoo awarded Ely, Beck & Co. CALIFORNIA at the First National Bank, Ontario, or at the District's pay¬ ing agency in Los Angeles, Chi¬ cago or New York City. Legality approved by O'Melveny & Myers, of Los Angeles. Bond Union School District, Monterey County, Calif. Bond Offering—Emmet G. Mc- Menamin, County Clerk, will ceive sealed bids at his re¬ office in Salinas, until 11 a.m. (CDST) on Aug. 5 for the purchase of $192,000 building bonds. Dated Aug. 1, Due on Aug. 1 from 1958 to 1957. 1982 inclusive. Principal and in¬ terest (F-A) payable at the Coun¬ ty Treasurer's office. Apple Downey Union High Sch. Dist., Los Angeles County, Calif. 262—were awarded to son, sealed bids at his Bernardino, until 11 Aug. on 5 for office a.m. in San (CDST) the purchase of $250,000 building bonds. Dated Aug. 15, 1957. Due on Aug. 15 from 1958 to 1977 inclusive. Prin¬ cipal and interest (F-A) payable County Treasurer's office. Legality approved by O'Melveny & Myers, of Los Angeles. ' at the Arvin Community Services District, Kern County, Calif. Bond son of Offering—Henry bids at tional the Bank of America Na¬ Trust & Savings Associa¬ tion, 503 Third Avenue, Arvin, until 4 p.m. (CDST) on July 23 for the purchase of $400,000 gen¬ eral obligation water works bonds. Dated Aug. 1, 1957. Due on Aug. 1 & San America of Savings Asso¬ Francisco; Dean Co.; Lawson, Levy & Stone & Youngberg; Williams;\ bids District, bids ■ Vera — Clerk, K. will her office at until 11 Gib¬ receive in Bak- Selectman, will bids Hartford bonds. until 9 Los Angeles, (CDST) on Aug. 20 purchase of $1,000,000 a.m. the for office in 1, 1957. Due 1977 on Sept. inclusive. interest as Aug. 13 for the purchase, of $35,building bonds. Dated Sept. 1957. Due on Sept. 3 from 1958 payable inson, to ford. 000 1962 inclusive. interest (M-S) Principal payable and the at bank. Costa County (P. O. Rodeo), Calif., Secretary of Board of Di¬ rectors, will receive sealed ; bids until 8 p.m. (PDST) on July. 23 for the purchase of $377,00() sewer bonds. Dated July 1, 1957.". Due on July 1 from 1958 to 1992 in-, elusive." Principal and interest (J-J) payable at the- County Treasurer's office, Martjnez. Le¬ gality approved by Orrick. Dahl¬ quist. Herrington & Sutcliffe, of San •<.,> v. ; San Bids — will untij July 24 for South Due 15 Nov. on from inclusive. 1979 Bay Union High School Dist., Los Angeles County, Bond 2963—were awarded to of composed Shearson, Fred Weeden Co.; C. and N. Due 1964 to the on Aug. 1 from 1966 inclusive. 1968 to 1982 inclusive. Hammill Blake D. & District, Marin County, Calif. Bond Sale The Jones, County Clerk, will receive sealed $2,800,000 building bonds offered July 16— v. 186, p. 156—were awarded to bids a Offering his at until 11 office S. G. — in San Rafael (PDST) on July 23 for the purchase of $105,000 school bonds. a.m. Dated July on 15 inclusive. (J-J) July from 15, 1958 Princpial payable 1957. to and at Due 1976 interest — group headed by the Bank of America National Trust & Savings Association, of San Francisco, at a price of 100.02, a net interest cost of about 3.93%, as follows: $700,000 5s. the 1958 County Legality ap¬ proved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Fran¬ Treasurer's office. to Due and 600,000 .' group Co.; and as 414s, at 1958 69,000 from 1965 to 1973 from to Due Due Aug. on Aug. 1 1977 inclusive. to County Clerk, will receive sealed bids at his office in Modesto, until a The group composed of the Amer¬ ican First Trust of Western | Shuman, i Weeden Co., San Francisco, Michigan Corp., First Bank of Agnew & Co., 2 Offering — L. W. Bither, & a Francisco, (CDST) on July 29 for the purchase of $260,000 school bonds. Co., San at County, Calif. Bond Dated Sept. price and of 1 p.m. from District, 1, 1957. Due 1958 to 1982 on Sept. inclusive. 1967 Safe Deposit & the. Trust Co., as 4!4s„ at a price of basis of about 4.48%. a July from 1 inclusive. facility bonds. 1 from 1959 to inclusive. Dated July July interest 1, 1957. Principal payable at the of Boston, or (J-J) First National Bank at the New Britain National New Britain. Legality Thorndike, Storey, Bank, approved Palmer & Dodge, of Boston. Sale Note Conn. Haven, — The $2,600,000 pre¬ liminary loan notes offered by the Haven Redevelopment Agency were awarded as follows: New $2,000,000 notes the to Chemical Corn Exchange Bank, of New a Union and Trust Company, Haven, at 2.25% interest. foregoing supersedes the in our issue of July 15 — report 186, v. the to Haven New The City, at 2.27% interest, premium of $19. notes New to awarded • improvement on parking 300,000 262. p. New London County {P. O. New London), Temperance-Kutner Union School, Bond Offering Conn. District, Fresno County, Calif. Benjamin J. Parker, Chairman of County Bond Bond Offering — J. L. Brown, County Clerk, will receive sealed Commission, bids & at 10:30 the his a.m. office in Fresno,-until (CDST) on July 30 for of $19,000 building purchase bids — will, receive Hartford c/o Trust Trust sealed National Company, Department, 777 Hartford, until 2 Street, Bank Corporate Main p.m. bonds. Dated Aug. 1, 1957. Due on" (EDST) Aug. chase of $675,000 jail construction 1 from 1958 1976 s inclu¬ to (F-A) on bonds. on clusive. r; Tracy, Bond . p. 2855—Were awarded to 1, Aug. 1 from payable and the at & Trust Hartford. Legality Robinson, Robinson pur¬ 1957. 1958 to Principal National Bank Sale—The $230,000 storm drainage bonds offered June 18— 185, Aug. (F-A) Calif. July 23 for the Dated payable at the County Treasurer's v. $2,300,000 school building bonds offered July 16—v. 186, p. 156—were awarded — School were — 1 from in- 1959 to on and Sale—The $59,000 build¬ ing bonds offered July 16—v. 186, 1972 inclusive. on Newman School District, Stanislaus Sale Corral sive. Principal and interest Aug. 1, 1963 on on 1977 1977 y,. Due V Bond 100.10, Due Due to plus Union to bonds. public York Stone 156 from 1958 from bonds. . basis of about a on of $2,- elusive." , 125,000 4.12%. p. 1 New Co*;- & Co., a (2DST) follows: as sewer v July 1 office. 3%s. 700,000 4s. Union High Sch. District, Orange County, Calif. 1 inclusive. 1964. 1,120,000 Fullerton Aug. on 1962 280,000 3V2S. Due cisco. Bond price of 100.67, Stockton, Merced Union High School District, Merced County, Calif. Fairfax School Bond a July on Tulare County, Calif. 5s. 10,000 4V2s. Due Aug. 1, 1967. 165,000 41/is. Due on Aug. 1 from and (M-S) payable at Treasurer's office. County & ami. the purchase inclusive. . build¬ & Conn. $1,235,800 Water Fund bonds. Due k1 Calif., Sale—The $300,000 ing bonds offered July 16—v. 185, p. 11:30 029,000 bonds, be received until Oct. 15 for the pur¬ chase of $10,000,000 school build¬ to in¬ Jr., Chairman of Board of Finance & Taxation, will receive sealed Diego County, .Calif. Offering Due 1977 to . .. New Britain, 1972 Diego Unified School District, Bond 1957. 1, 1958 Principal "and interest at the abovementioned bids body, .. Aug. from Bond Offering—W. E. A it wood, Bond Offering—Charles A. Pea- San Francisco. Na¬ Legality approved by Rob¬ Robinson & Irole, of Hart¬ Treasurer's office. Rodeo Sanitary District, Contra follows: $30,000 1 from 1958 Principal Work White & Co., at a price of 100.009, net interest cost of about 4.31%, school building bonds. Dated Sept. to E. Dated Aug. 1 on clusive. 3, receive Trust & Co., Trust Dept., 777 Main Street, Hartford, until 2 p.m. (DSTVon July 25 for the purchase of $1,045,000 school on (PDST) a.m. the at ' Solari, Bank a at his Simon- Acting Secretary of the Board Directors, will receive sealed sealed group & of Witter H. Valley School District, San County, Calif. Offering—Harry L. Alli¬ County Clerk, will receive Bank Trust National Offering—Harold J. Ostly, County Clerk, will receive sealed Bernadino Bond of composed Conn. Mario — sealed by a O. Avon), Offering First County, Calif. Offering County son, 1960 County, Calif. (P. "Bond ,7; '.''7a1;: School Union Kern Bond ing bonds offered July 16—v. 186, p. j Bond District, Sale—The $205,000 build¬ ciation, Alisal Pondham ing bonds. inclusive. Principal and interest (F-A) A . CONNECTICUT Avon Lake Los Francisco.V tional ersfield follows: Johnson, 1958 to 1972 inclusive. Prin¬ San and interest the 5.County Legality ap¬ at office. ■ County a.m. (PDST) on Aug. 6 for purchase of $1,611,000 build¬ ing bonds. Dated Sept. 1, 1957. (M-S) payable cisco. sewer price of 100.0002, a interest cost of about 4.31%, 1964 to uiitil 9 on and gen¬ a 365,000 4V4S. Due the Due Principal (M-S) of by Orrick, Dahlquist, Her¬ rington & Sutcliffe, of San Fran¬ $487,000 water 25,000 4V2s. Due Offering—Harold J. Ostly, County Clerk, will receive sealed Los obligation 1.958 Bond in Sale—The $97,000 inclusive. office (CDST) on July 23 for purchase of $190,000 building Dated Sept. 1, 1957. Due Sept. 1 from 1958 to 1977 in¬ a.m. on T. cipal and interest (F-A) payable at the County Treasurer's office. Legality approved by Orrick, Dahlquist, Herrington & Sutcliffe, bonds. offered July 16 — v. 186, 156—were awarded to the Se¬ net from proved Angeles, at High School District, Angeles County, Calif. his 11 the Offering—E. 11 a.m. (CDST) on July 30 for the purchase of $15,000 school bonds.. Dated Sept. 1, 1957. Due on Aug. 1 County, Calif. Bond Offering—W. T. Paasch, County Clerk, will receive sealed bids at his office in Martinez, until curity-First National Bank of Los Covina Union at 1982 to 7 bonds p. i bids 1958 La.Verne, Calif. July 1 from on Contra Costa Treasurer's from 1 Bond 1977 inclusive. to 1978 to Los at the Harris Trust & Sav¬ or July 1 on July 30 for office. from July 1 1971 inclusive. to Fresno, until on Bond Pinole-Hercules Union Sch. Dist., Associa¬ on 51,000 4%s. Due cago. 300,000 jail and compound bonds. Due on July 1 from 1960 to 1979 inclusive. Principal and interest (J-J) payable at the Valley National Bank of Ari¬ zona, of Phoenix; Chase Man¬ hattan Bank, New York City; Due 60,000 41/2S. Due Bank, New City; or at the Harris & Savings Bank, Chi¬ 5s. bids at his office in Merced, until Francisco. clusive. of I960 to 1979 inclusive. of San payable at the County Treasurer's tion, of San Francisco, De^n Wit¬ Arizona, of ter & Co., Lawson, Levy .& Wil¬ Phoenix; Bankers Trust Co., liams, Stone & Youngberg, and New York City; or at the First C. N. White & Co., at a price of National Bank of Chicago. 100.14, a net interest cost of about 710,000 park bonds. Due on July 4.69%, as follows: National 15 District, Merced County, Calif. County Clerk, will receive sealed inclu¬ sive. Principal and interest (F-A) composed of Bank of America Na¬ & office in (CDST) a.m. Aug. ing bonds offered July 16—v. 186, 156—were awarded to a group Trust July on the purchase of $160,000 building bonds. Dated Aug. 1, 1957. Due on p. tional Due County Clerk, will receive sealed School District, Sale—The inclusive. Union School Dist., Fresno County, Calif. Bond Offering — J. L. Brown, basis of about 4.62%. Coastside Union on 1961 from 1962 to 1977 inclusive. of America National Trust & Sav¬ as .L»ue to 3%s. Winton School pay¬ County Treasurer's of¬ fice. Legality approved by Orrick, Dahlquist, Herrington & Sutcliffe, Kerman-Floyd ings Association, of San Francisco, fol¬ as $150,000 build¬ July 15 from os. 1,840,000 Principal and interest (M-S) able at the follows: 1958 55—were awarded to the Bank Bond $4,715,000 * as ing bonds offered July 15—v. 186, Oscar C. Palmer. a $460,0U0 Big Bear Lahe School District, San Bernardino County, Calif. The $55,000 school building bonds offered July 11— v. 185, p. 2718—were awarded to — net interest cost of about 100.13, 3.79%, terest F-A. Maricopa County School District No. 28 (P. O. Phoenix), Ariz. Due in¬ 1977 interest Hartford Company, approved & by Cole, of Hartford. a group composed of Blyth & Co., William R. Staats & Co.,, and Torrington, Conn. Schwabacher & Co. Bond Higher Offering construction originally Sale—The Bond Canceled costs contemplated — than caused control v. 186, bonds Trust jointly, $325,000 sewer revenue flood 16— awarded to the First Boston Corp., and Harris issue of 262—were p. cancellation of the plan to sell the bonds. $800,000 offered'Muly 100.26, & Savings Bank. 3.30s, at a Chicago, price of1 basis of about 3.27%. as a Volume 186 Number 5657 West Greenwich The Commercial and Financial Chronicle ... ration; The First National Bank of Memphis; Courts & Co;; Dick & Merle-Smith; Laurence M. Marks > " Bond ■412 %" Sale—An school sold was to issue of construction G. H. ;oJ Providence. Due on 1958 1972 to & Co., Aug. 1 from inclusive. - $75,0(H) bonds Walker sealed & Co.; Braun, Bosworth & Co.; Incorporated; Clark, Dodge & Co.; The Citizens and Southern Na¬ (P. O. East Greenwich), Conn.. $160,000 library Atlanta; Roosevelt & Cross, ' Incoroprated; Shearson, Hammill & Co.; William Blair & Palmer & Dodge, of Company; Brown Brothers Harriman & Co.; C. F. Childs and Com¬ pany, Incorporated. Connecticut / > " City National Bank & Trust Co., / Bond Sale —,rne $5,400,000 Kansas City; Eldredge & Co., Inschool bonds .offered July 18— ! corpora ted; King, Quirk & Co., v. 136, p. 262—were awarded to ; incoporated; Robert Winthrop & .a group composed of Halsey, | Co.; First Southeastern Corpora■-Stuart & Co., Inc.; Smith, Barney j tion, Atlanta; Hannahs, Ballin & & Co.; C. J. Devine & Co.; Esta- | Lee; The National City Bank of Boston. Westport ^ O.. Bridgeport), (P. * , , & Co.; , .. ,3.48%. Cook W illimantic, Conn. $300,000 sewer bonds offered July 15—v. 186; p) to awarded j Sale Bond First the Township Thornton County, High School District No. 205 (P. O. Harvey), HI. ' Sale—The 262—were bonds, Calcasieu Parish (CDST) p.m. follows: as Lake bonds. The bonds mature 1959 to ment Legality ap¬ proved by Chapman & Cutler, of bonds soldi to was Co., of Davenport, $25,000 & July offered bonds school 4s. Due July on on from 1 $356,000 non-tax exempt dormi¬ tory bonds. Dated April 1, 1957. Due on April 1 from 1960 to 1997 inclusive. Principal and interest (A-O) payable at the Commercial National at Bank, in Shreveport, Chemical the 1963 15—v. Due Corp;, of 100.16, a as 3.20s, at price J186, a 156—were awarded to a syndicate headed by A. C. Allyn & Co.,. Inc., as 4V^s, at a price of basis of about 3.16%. FLORIDA Florida to 1967 Bona ington, — T. W. Wither- Secretary, inclusive. Bond Town | tion, Cruttenden, Podesta & Co., Aug. 8 for the purchase of $1,750,000 Orange County road revenue Harry J. Wilson & Co., Barcus, Kindred & Co., McDougal & Condon, Inc., Walter M. Kelleher & Co., Ballman & Main, Channel* bonds. < on Bonds thereafter Due 1956. tional City. well, in due Principal payable at and 1962 callable are 1961. (M-N) . 1, Nov. 1 from 1961 to 1976 inclu- sive. 1, Nov. Dated (EST) interest and the Securities Co., Geo. K. Baum & Co., Allan Blair & Co., Scott & j Kegley, Pohl & Co., Inc., Walter Woody & Heimerdinger, Munici| Pal Bond Corp., Quail & Co., and I Wudmann & Co. j First Na- City Bank, of New York Legality approved by CaldMarshall, Trimble & Mit¬ DuP"*age County Sch. Dist. No. 30 chell, of New York City. Florida Bonds Sold—No Not bids sota lows: County bridge offered bonds 2963. revenue July .12—v. 185, p. Sale—The Waterfront • p. Fund July 18 — 262—were awarded to of White, Weld composed Co.: & Salomon Bros. & Hutzler; Courts , & ( :• Co.; Stubbs, Smith M-N. proved by Chapman & Cutler, Chicago. group a dated June 1, Legality ap¬ are Interest 1957. 186. v. 1 from 1964 inclusive. The,bonds indebted¬ of July 19—v. 186, p. 263—has been postponed until July 26. Offering Clerk, III. LaSalle, of . will 'Sa^—The^$750,000 bonds cr y bardo; Fahey, Clark & Co.; Breed ! Bond sa n l & Harrison, Inc.; and Lucas, Eisen | tal-y jewcr ' & Waeckerle, as 3%s, at a price —v* ld6» Pweie awarded to a group composed of the First of 100.17, a basis of about 3.71 %. Surf side, Fla. Whipple & Co., and Mullaney. Offering—Hyman Fechter, 1 Wells & Co., at a price of 100.04. Town Clerk, will receive sealed i a net interest cost of about 3.72%, bids until 8 p.m. (EST) on Aug. 12 ! as follows: purchase bonds. revenue 1957. - Due on of^$l00.000 water Dated 1. 1967. 1. j Principal (F-A) pavaole Miami Beach. at as and Beach. 1969 to site 17 — awarded 314% a 1 e—lne unlimited tax, $15,465,000 general 100.001, a net interest about 3.73%, as follows: • of 98.2276. a basis of about 3.389%. Other members of the syndicate: The First New . - National City Bank of York; Smith, Barney & Co.; Blyth & Co., Inc.; Harriman Rip¬ ley & Co., Incorporated; The Northern Trust Company; Harris Trust and Savings Bank;' Trust Company of Georgia; Phelps, Fenn & . Co.; Mercantile Trust Company; Securities Corporation; Equitable Merrili Beane; . Lynch, Pierce, White, Weld Fenner & & Co.; Carl M. Lc>eb, Rhoades & Co. The Robinson-Humphrey , 1958 to Offering—G e o r g e chase of Dec. sive. 1 water $240,000 bonds. Dated June from 1958 works Principal and interest (J-D) payable at a banking institution designated by the successful bid¬ der. Legality approved by Chap¬ man & to Iowa 1958 Due on Dec. 1 from 1968 to inclusive. Due on Dec. 1, 1969 50,000 3.40s. and . 1970. 165,000 the Bond Sale—The Park Bond Village Forest, III. Offering—John Manager, will L. Scott, receive Buchler, & to 1969 inclusive. Due on July 85,000 5s. 1975 Bond 15 from inclusive. pital Offering—C. K. Williams, purchase of $260,000 hos¬ 1962. Dated Feb. bonds. on 1 Feb. inclusive. Interest 1961 from Callable of as F-A. 1, Bond Parish School 1, Legality ap¬ District No. O. Benton), La. Offering — T. at Offering Edward B. — Secretary of the Parish School Board, will receive sealed bids until 3 p.m. (CST) on Boudreaux, Aug. 8 for the purchase of $225,000 school Dated building bonds. Sept. 1, 1957. Due on April 1 from to 1977 inclusive. Interest 1958 A-O. Cox Legality approved by Foley, Judell, of New Orleans. & • Hanover, Mass. «. Sale—The $200,000 school offered July 17— v. 186, p. 263—were awarded to Goldman, Sachs & Co., as 3.60s, at a price of 100.40, a basis of project bonds 3.51%. about Leominster, Mass. Offering—Arthur G. Ken- nard, City Treasurer, will receive sealed bids at the Second BankStreet Trust State Co., Municipal Franklin St., Boston, until 11 a.m. (DST) on July 23 for the purchase of $224,000 bonds, as Ill Dept., follows: 1958 to 1968 inclusive. 1 from School Northwest 94,000 1 con¬ frojn 1958 to .1967 inclusive. bonds The Aug. dated are 1, Principal and interest pay¬ able at the above-mentioned Bank. 1.957. Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. Lexington, Mass. Car¬ J. Offering—James Bond roll, Town Treasurer, will receive sealed bids at the Merchants Na¬ tional of Bank Boston, State 28 (P: O. Houma), La. Offering — E. T. Brady, Street, Boston, until 11 a.m. (DST) on July 25 for the purchase of of Board of Commis¬ will receive sealed bids a.m. (CST) 011 July 23 the purchase of $1,350,000 $810,000 bonds, as follows: $490,000 street, sewer and library bonds. Due on Aug. 1 from District No. until L. 3 11 bonds, as follows: improvement public $700,000 Due bonds. 1960 1 Sept. on 1987 inclusive. to from Bonds callable as of Sept. 1, 1972. 650,000 water works utility reve¬ nue bonds. Due on Sept. 1 from 1960 to 1987 inclusive. Bonds due in after are 1968 and there¬ callable as of Sept. 1958 Interest by Foley, Cox & Judell, of New Orleans. Sept. 1, 60,000 school project bonds. Due on Aug. 1 from 1958 to 1977 Rodes, inclusive. bonds The are dated Aug. 1, Principal and interest pay¬ 1957. able at the abovementioned bank. approved Legality Palmer Thorndike, & by Storey, Dodge, of Boston. Note — the ments The foregoing report in our supple¬ issue of July 8—v. 136, p. 157. MARYLAND Maryland State Roads Commission (P. O. Baltimore), Md. Bond Offering—Secretary C. R. Pease announces that the Com¬ mission will receive sealed bids 2 the county p.m. North Adams, Mass. 1957. M-S. Legality approved for inclusive. 1977 to 260,000 water bonds. Due on Aug. 1 from 1958 to 1977 inclusive. 1967. Dated (EDST) on July 31 of $2,088,000 Bond Offering—Gerald J. Sul¬ livan, City Treasurer, will receive sealed bids c/o the Merchants Na¬ 28 State until 11 a.m. (EDST) on July 24 for the pur¬ chase of $170,000 water bonds. Dated Aug. 1, 1957. Due on Aug.A from 1958 to 1972 inclusive. Prin¬ tional of Bank Boston, Boston, Street, cipal and interest payable at the Merchants National Bank of Bos¬ approved by Storey, Palmer & Dodge, of ton. Legality Thorndike, Boston. purchase highway construction bonds. Dated Aug. 1, 1957. Due on Aug. 1 from 1958 to 1972 inclusive. Callable as of Aug. 1, 1965. Prin¬ p.m. (CST) on Aug. 1 for the purchase of $600,000 school build¬ ing bonds. Due serially from 1958 1977 inclusive. 262— Beverly p. the to struction bonds. Due on Aug. Secretary of Parish School Board, will receive sealed bids until 2 to 2.68%. Mary Parish Special Sch. Dist. No. 1 (P. O. Franklin), Lai ' 1987 Feb. of Louisville. (P. bidder, only 1957. to proved by Skaggs, Hays & Fahey, J3 July 157—were awarded 186, 15—v. 55,000 sewer bonds. Due on Aug. 1, (P. O. Barhoursville), Kentucky '* County Clerk, will receive sealed bids until 11 a.m. (EST) on Aug. Due offered bonds 4,000,000 Series A bonds as 3.30s. 1977. 6 for the Com¬ and of¬ bonds $3,000,000 Series A bonds as 3.10s. 30,000 5 V4S. Due on July 15, 1976 and $76,000 Headquarters building $55,000 water bonds. Due on Aug. 1 from 1958 to 1972 inclusive. price of 100.005, as follows: 1963 . Mass. Co., of Beverly, as 23/4s, at price of 100.25, a basis of about due in 1973 and thereafter are $85,000 434s. Due on July 15 from to . Sale—The Police of follows: for $200,000 school building revenue bonds offered 16 — v. 185, p. 263 — were awarded to Stein Bros. & Boyce, 1958 23, 1958. par, July bonds price of 98.72. 1, 1, 1967. approved Teachers Retirement the Bond Wickliffe), County (P. O. Kentucky on sioners, 1 KENTUCKY Ballard (DST) noon Secretary Dec. on from 1971 to 1976 inclusive. sewer¬ offered July 15—v. .186, p. 262—were awarded to Harry J. Wilson & Co., at a revenue Legality p. State System, until age Oct. Oct. Terrebonne Parish Water Works Due 3.60s. until Station Bond .Bond Sale—The $325,000 build¬ ing bonds offered July 11—v. 186, p. 157—were awarded to Ravenscroft & Co., of Cedar Rapids, at a price of 100.15, a net interest cost of about 3.54%, as follows: Bond Bossier $125,000 A-O. on inclusive. 1976 Fire 3,000,000 Series A bonds as 3.20s. LOUISIANA O'Fallon, III. of as Due 1987 incl. dated are and Metairie. Tipton Community School District, Cutler, of Chicago. Bond Sale—The bonds Callable McDonald St. A. 1, 1957. Due on to 1976 inclu¬ inclusive. 1964 41/ss. Schramer, Village Clerk, will receive sealed bids until 7 p. m. (CDST) on July 26 for the pur- Com¬ Inc.; First National Bank, Atlanta; First of Michigan Corpopany, as from 1969 to The as 235,000 3%s. Due on Nov. 1 from Montgomery, III. Bond ligation - v. cost $65,000 3V2s. Due on Nov. 1 from Knox County ob¬ improvement bonds of~ July 16—v. 136, p. 262— were awarded to a syndicate headed by the Chase Manhattan Bank, New York City, at a price bonds offered 185, p. 2856 — were Mullaney, Wells & to ! Company, fered - inclusive. bonds. revenue 1 186, of of price a Due Oct. Bond Oct. 17—v. at bids July 24 for the purchase of $301,*; 000 notes. Dated Aug. 14, 1957,; 1977 to water sewer to building and June Atlanta, Ga. Dec. 1 from Sale—The $159,000 school Bond : GEORGIA S on McHenry County Consolidated Sch. District No. 8 (P. O. Union), III. » Bond 1976 Dec. 1, 1968. on bonds. Due 1958 refunding 475,000 Hutchinson at a of Le- Chapman. & [ gality approved by Cutler, of Chicago. inclusive. Due 400,000.3%s. Due interest Bank the Miami 1967 1958 to 50,000 314s. of Aug. from 1 Bonus $300,000 33/4s. Due on Dec. 1 from Aug. 1 from 1958 to 1974 inclusive. Callable - Feb. Oct. on erans' Co., sealed H. Cun¬ will receive Chairman, ningham, a — p. Bond for the p.m. inclusive. 56—were awarded to William Blair & Co., and Frantz Bank of Chicago; Bacon. National Ramsey, Louisiana (State of) Bond Sale The $10,000,000 $300,000 con¬ struction bonds offered July 10— Various Combat and War Vet¬ & 1 Offering—James Trust 7:30 Sale—The $110,000 3V2S. Lom- & Levi — bonds, as follows: by Community School District, 186, Massachusetts Note bined Iowa v. % awarded 1957. IOWA Bond 2.60s, as Gloucester Housing Authority, July until •nterest Newton were , were $8,000 school building originally scheduled for 1965 1960 to offered ness ; 255,000 3%s. Due on Nov. 1 from 1965 to 1971 inclusive. $1,700,000 Development certificates revenue as' fol¬ $180,000 4s. Due on Nov. Jacksonville, Fla. Certificate " 9 were Trust & Chicago, Bank, Savihgs Harris the to awarded were received for the $2,000,000 Sara¬ July offered bonds ing , build¬ Sale—The $435,000 Bond Development Commission Tallahassee), Fla. Wheaton), III. O. (P: (P. O. t Offering Postponed—The offer¬ of at par. water Safe De¬ Boston posit & Trust Co., Boston, fered County School Corporation (P. O. Nashville), Ind. ing the to receive sealed (CST) on bids Brown of Nov. j as from 1 inclusive. 000 bonds awarded Aug. 15 for the purchase of $565,- July on $50,000 July 17 offered bonds Hamilton, $90,000 sewer system syndicate: First of Michigan Corpora- Co., receive will a.m. Due 1976 to Sale—The Bond INDIANA Co., on sealed bids until 10 1968 Bache & Co., the Lee Higginson Corp., Reynolds & Baxter Tallahassee), Fla. Oifeiihgr & 142,000 4s. 4.49%. a basis of about Other members of the 100.10, Development Commission (P. O. p. Bond Crowe, of Dallas. ~ Boston Exchange Farmerville, La. July 1 from on or Bank, qf New York City. Legality 1958 to 1962 inclusive.- 50,000 3%s. Corn were Boston approved by McCall, Parkhurst & of about 3.95%, as follows: cost $37,000 $5 500,000 The — net interest a J. of $229,000 street bonds offered July 16 First the to Beverly, Mass. Joe receive will $840,000 school July Corp., and Hornblower & Weeks, jointly, as 3.90s, at a price of 100.56, a basis of about 3.83%. Shreveport, until 4 p.m. July 26 lor the purchase (CST) Sale—The price of 100.03, a Dr. — President, pany, Quail improvement 11—v. 186, p. 157—were awarded to Dempsey-Tegeler & Co., and Yates, Heitner & Woods, jointly, at offered awarded the Louisiana Bank & Trust Com¬ Roxana, III. Bond 01 sealed bids in the Board Room of 3.80s. as Offering Mickle, Poplar Grove Township (P. O. Belvidere), III. of price a bonds Retire¬ (P. O. Shreveport), La. Bond issue at Stockbridge, Arlington, Mass. Centenary College of Louisiana Chicago. Sale—An 4s, as & Bond Sale—The par. banking institution. road Fund, Miles MASSACHUSETTS to the Louisiana Teachers serially from Principal by 55 of Baltimore. $1,650,000 pub¬ lic improvement bonds offered July 11—v. 186, p. 56—were sold and interest payable at a Chicago Bond proved Charles), La. Bond Sale—The inclusive. 1976 Gravity Sub- Drainage District No. 2 of Gravity Drainage District No. 4 (P. O. of purchase & Cleveland: Newman, Brown & Co., Hornblower inc.; Third National Bank in Nashville; J. W. Tindall & CornBurr; Roosevelt & Cross; Gregory ; pany; Varnedoe, Chisholm & Co., Sons; Andrews & Wells, Inc.; j incorporated; Wyatt, Neal & : Eldredge & Co., Inc.; and Wins- Waggoner. ;; ■ flow, Cohu & Stetson, as 3V2S, at a j price of 300.13. a basis of about ILLINOIS Bond the ing bonds. "Day; ' 8 for 225,000 park improvement bonds. 150,000 recreation center build¬ Weeks; Tucker, Anthony & R. L.; Putnam & Co.; Coffin & , until 23 $535,000 . ] brook bids July on tional Bank, Interest F-A. Legality approved by Storey, Thorndike, (367) Bond school Quincy, Mass. — The $2,025,000 Sale bonds offered July 18—v. 186, p. cipal and interest (F-A) payable at the State Treasurer's office in Baltimore or Annapolis, at the 263—were awarded to a group composed of Smith, Barney & Co., White, Weld & Co., East¬ man Dillon, Union Securities. & option of the holder. Legality ap¬ Co., Stone & Webster Securities r.c The Commercial and Financial Chronicle (r>63) Weeden & Co., Inc., as 3Vis, at a price oi 100.29, a basis of about 3.21%. fclow, Salem Feb. Dean Co., George P. Fogg & Co., and Chace, Whiteside, West & Win- - thereafter Noyes & Co., Witter & Hemphill, .Corp., Housing Authority, Mass. The Offering—John Note A. bonds Tremont 120 Boston, until for 24 St., July noon (DST) on purchase of $600,000 the. State-Aided Project Elderly for Persons notes. Dated Aug. 14, 1957. Due Oct. 23, 1.958. dated are & Aug.- 1, Offering—Myrtle Becraft, City Clerk, will receive sealed bids until 8 p.m. (EST) on July 3() for the purchase of $100,000 gen¬ eral obligation water bonds. Dated Jan. 1, 1957. Due on Oct. 1 frpm inclusive. Bonds Oct. of due callable are Principal and interest (A-O) payable at a bank nolds, City Treasurer, will re¬ or trust company designated by ceive sealed bids until 11 a.m. the purchaser. Legality approved (DST) on July 22 for the purchase by Miller, Canfield, Paddock & of $500,000 notes. Dated July 22, Stone, of Detroit. 1957. Due Nov. 15, 1957. Additional as 1, 1966. Rey¬ Offering—The above official Waltham, Mass. Sale—The Bond street tmd 186, —v. to the $375,000 sewer July 17 263—were awarded bonds p. Bankers offered Trust Co., New York City, and Kidder, Peabody & Co., jointly, as 3.20s, at a price of 100.63, a basis of about 3.10%. Wellesley, Mass. Bond Wells, ceive Offering Town sealed — K. will re¬ Treasurer, bids at the chase of system* will to supply bonds. Dated July on water July 1 from 1959 inclusive. and sealed time for the pur¬ same revenue 1988 1975 receive $210,000 1, 1957. Due Bonds thereafter July 1, 1967. Principal and (J-J) payable at a bank company designated by purchaser. Legality approved Miller, Canfield, Paddock & interest trust the by at the National Stone, of Detroit. Trust Dept., 40 Charlevoix, Mich. St., Boston, until 11 a.m. Bond Offering — Hugh Mayne, (DST) on July 23 for the pur¬ will receive sealed chase of $200,000 sewer construc¬ City Clerk, bids until 8 p.m. (EST) on July tion bonds. Dated Aug. 1, 1957. 29 for the purchase of $52,000 Due on Aug. 1 from 1958 to 1967 water supply revenue system inclusive. Principal and interest bonds. Dated June 1, 1957. Due payable at the National Shawmut on March 1 from 1959 to 1963 Bank of Boston. Legality approved inclusive. Principal and interest l>y Storey, Thornclike, Palmer & (M-S) payable at a bank or trust Dodge, of Boston. company designated by the pur¬ Winchester, Mars. chaser. Legality approved by Mil¬ Bond Sale—The $110,000 water ler, Canfield, Paddock & Stone, of Shawmut bids Bank, "Water bonds offered July 16— v. 186, p. 263 — were awarded to W. E. Hutton & Co., and Lyons & Shafto, jointly, as 2.80s, at of 100.20, a Detroit. McDonald-Moore & Akron Community Sch. Dist., Mich. Offering Stanley Volk, Secretary of Board of Education, will receive Dafter sealed bids until Bond Sale—The $40,000 build¬ ing bonds offered July 10—v. 186, 157—were p. Bond Offering—Mrs. Nina Gay- until 8 p.m. (EST) on July 22 for purchase of $195,000 school building i, bonds. Dated June 1, the 1957. Due 3986 itnd on thereafter callable are 1977 as of July 1, 1967. Principal and inter¬ (J-J) payable at a bank or est trust designated by the purchaser. Legality approved by Miller, Canfield, Paddock & Stone, company 1957. Due headed special by assess¬ the Clerk, 25 ©50,000 es for the general receive (EST): purchase of 1 at sewer obligation by Legality approved Miller, Canfield, Stone, of Detroit. Paddock from 1958 to 1987 disposal offered July Moore 15—v. & 186, to Co., and Co., jointly. Gilmore bonds revenue awarded were & system bonds, Aug. inclusive. on 1, 1967. 1,200,000 water bonds. Due on Aug. 1 from ,1958 to 1987 in¬ clusive. Bonds due in 1977 and Agency, V. inclusive. — the Francis Bonds due in 1964 and chaser. Legality approved by Mil¬ Detroit. Niles, Mich.Offering—Burt Luth, City (EST) on July 22 for the purchase of $64,000 special assessment paving bonds. Dated June 1, 1957. Due on June 1 from 196*6 inclusive. Bonds in 1964 and thereafter of June as 1, are due callable 1959. Principal and interest (J-D) payable at the Bank, of Niles, or City Treasurer's office. Le¬ gality approved by Miller, Canfield, Paddock & Stone, of Detroit. National First at the Oak Park, Mich. Sale—The $108,000 street Bond improvement bonds 15—v. 157—were awarded 186, p. to the First of offered July Michigan Corp., as 1957 on 70,000 3%s. Due 1961 to on Oxford Area District Community School (P. O. Oxford), Mich. Offering— Gerda Houck, Secretary of Board of Education, receive sealed (EST) until bids 8 July 31 for the purchase of $500,000 building and site bonds. Dated June 1, 1957. p.m. on June on 1, 1 from 1958 in callable to 1983 1968 as of Principal and payable at a bank or are 1967. (J-D) the $145,000 water supply system revenue bonds fered July 9—v. 186, p. 56. of¬ and June interest designated by the pur¬ Legality approved by Stevens & Moorman, of Berry, Sale—The Portland, Mich. Bond Sale—The revenue 185, bonds p. disposal $250,000 system 27 — awarded v. to bonds sewage offered 185, p. 2965 — were Braun, Bosworth & Co., and Donovan, Gilbert & Co., jointly, at a price of par, a net cost of about 1958 to 4.21%, offered Watling, Lerchen Bond eral 186, bonds p. Kenower, follows: & 13— to Company. L'Anse, Mich. Sale—The $200,000 obligation system v. June on 1969 to disposal July 15— sewage offered 264;—were Mac Arthur awarded & Co., to as Bonds in due callable are 1964 of as and Nov. 264—were awarded to the First p. National Bank, of Walker, Douglas and Pope Counties Joint Indep. Consol. Sch. Dist. No. 42 (P. O. Kensington), Minn. Bond Sale—The $130,000 school building bonds offered July 16— 186, p. 264—were awarded to v. Allison-Williams $35,000 Michigan 1958 to 1968 1974 to July 1 from on 1983 inclusive. Township (P. O. Saginaw) Bond Offering Township Elmer — Clerk, Rusch. will sealed bids until 7 p.m. receive (EST) 011 Aug. 8 for the purchase of $785,000 Water Supply System. No. 1 bonds. revenue 1957. Due Dated Oct. on June from 1 1962 inclusive. Bonds due in thereafter April 1, callable are Principal 1972. Miller, Canfield, Stone, of Detroit. by 1978 as of in¬ and Paddock & Feb. on from 1 from inclusive. Feb. 1 from on in 1971 callable Additional obtained July 7:30 for 23 the (EST) purchase of p.m. $93,000 street improvement special assessment bonds. Dated July 1, 1957. Due Dec. on inclusive. 1. 1957 to callable are 1964 as of 1959. Principal and inter¬ payable at a bank or (J-D) trust from Bonds due in thereafter June 1 designated by the Legality approved by Miller, Canfield, Paddock & Stone, company purchaser. of Detroit. Ypsilanti, Mich. Offering—Betty E. Fenker, Clerk, will receive sealed Bond City until 4 p.m. (EST) purchase of July $96,000 improvement bonds, as fol¬ for the general obligation bonds. on Aug. 1 from 1958 to Due inclusive. 1967 62,000 special assessment bonds. Due Aug. 011 July 1, are 1967. information may from T. G. be Evensen & Associates, Inc:,- 723 First National Soo Line Building, "Minneapolis. Fergus Falls, Minn. Certificate Sale certificates fered July of 15 The — $45,000 indebtedness of¬ 186, p. 264— awarded to the Fergus Falls National Bank & Trust Co., and v. — were First National Bank, Fergus Falls, jointly. Sale both of The — 1958 to 1967 inclusive. im¬ the Security State Bank, and First National Bank, both of Glencoe, jointly, 3%s. as Hennepin County Joint Independent Consolidated School District No.' 142 (P. O. Bloomington), Minn. Bond Offering^r-Carlton C. Mil¬ ler,- District sealed on bids July will Clerk, until 31 for 8 $500,000 school receive (CDST) purchase of p.m. the building bonds. Note—The lone bid received for the foregoing bonds when offered in the original amount of $900,000 on July 9—v. rejected...-, 186, . 264—was p. . , Kasson, Minn. Bond Offering—A. G. Hanson, Village Clerk, will receive sealed bids until 3 p.m. (CDST) on July 30 for the purchase of $215,000 general obligation sewer and water bonds. Dated Aug. 1, 1957. Due on Aug. 1 from 1959 to inclusive. Bonds 196.9 1 from $50,000 provement bonds offered July 15 —v. 186, p. 57—were awarded to on lows: $34,000 thereafter and of as Glencoe, Minn. Offering — Ralph Ander¬ Township Clerk, will receive bids until v from I960 to 1979 inclusive. Bonds Bond Bond Oct. 1 from 1 from 1 Oct. Dated Due on June callable in due 1969 1968 of and Aug. 1, Principal and interest pay¬ any suitable bank desig¬ nated by the purchaser. Legality approved by Briggs, Gilbert, Morton, Kyle & Macartney, of St. are as 1 from are 1958 to callable as of offered July suc¬ 15—v. awarded were 186, the to bonds p. 57— American National Bank of St. Paul. Bond Village sealed Bloomington, Minn. ; Offering—Frank Lawler, Manager, will receive bids Aug. on Due the $100,000 park, special water and light plant and assessment improvement stitution by survey until 5 for bonds. 011 Aug. inclusive. by 8 the p.m. (CDST) purchase of and improvement Dated Aug. 1, 1957. park cessful 1 from 1959 to 1968 payable at bidder. Legality approved Miller, Canfield, Paddock & Stone, of Detroit. Bond Sale—The assessment at Paul. Sale—The $100,000 designated able Anoka, Minn. inclusive. Bonds due in 1968 thereafter 1957. from building bonds. Dated July 1, on 1, MINNESOTA Oct. 1977 inclusive. Offering—Eugene Stewart, 1957. Due Aug. Principal and interest (F-A) payable at the Ypsilanti Savings Bank, Ypsilanti. 8 p.m. (EST) on Aug. 1 for the purchase of $4,500,000 school site stitution Principal and interest a suitable banking in¬ designated by the suc¬ cessful bidder. $155,000 special bonds offered July 16 186, p. 264—were awarded to Braun, Bosworth & Co., and First of Michigan Corp., jointly, as fol¬ lows: 1 ceived until 8 p.m. (CDST) on Aug. 1 for the purchase of $1,000,000 public utility revenue bonds. Dated July 1, 1957. Due on July 1 1, Ypsilanti Township (P. O. Ypsilanti), Mich. Bond —v. 1971 Feb. Fairmont, Minn, - to terest (A-O) payable at a banking institution designated by the suc¬ cessful bidder. Legality approved' bids inclusive. 70,000 4.80s. Due due Mich. est on 1966 Bond Offering—Bids will be re¬ July 1 from on 4s. Due Thomas 1966 Due 196*7 to July 1 from on inclusive. 1969 to 1973 inclusive. 175,000 and a "1972 to 1980 inclusive. $105,000 4MjS. Due and at follows: as 25,000 41/2S. Due lows: 1997 4s. 1960 to Sale—The $345,000 school building bonds offered July 16— v. 186, p. 158—were awarded to McDonald-Moore & Co., as fol¬ Co., net interest cost of par, a 4.83%, Tekonsha Community School Dist., Bond 3 Vis as and 33/is. about 1972 inclusive. 4s. 1973 to on Roseville, Mich. gen¬ special assessment April 1, 1957. Due from 1958 to 1966 in¬ Sale—The $35,000 build¬ ing bonds offered July 16—v. 186, price of as 1968 inclusive. 40,000 4y4s. Due 1983 & 1959. $80,000 4V2S. Due and Dain Indep. Sch. Dist. No. $ (P. O. Walker), Minn. the follows: Bond 57— p. Mi Bond Detroit. 1, 1967. Principal and inter¬ est (J-D) payable at a banking in¬ 2609—were awarded sealed ler, Canfield, Paddock & Stone, of street June $375,000 water receive 1, 1959. Principal and interest (M-N) payable at a bank or trust company designated by the pur¬ chaser. Legality approved by Mil¬ 22 June 186, J. Cass County trust Detroit. and Lapeer, Mich. Bond clusive. company chaser. 10—v. Company. Harm, sewer May 1 on tion, will receive sealed bids until were will J. Dated sealed Secretary of the Board of Educa¬ bids on son, > $150,000 school Sold—No bonds. Nov. 1 from 1966 inclusive. building bonds offered July 11— v. 186, p. 157—was rejected. Harrison, Mich. sanitary Nov. 1 from Riverview Community Sch. Dist., bid Clerk, D. — bids until 7:30 p.m. (ESi1) on Aug. for the purchase ol $118,000 1960 inclusive. to Michigan lone July awarded' to follows: Sattley Elberta), Shores, Mich. 5 un¬ til 7:30 p.m. to offered were 1, 1962 Aug. on 65,000 4)4s. Due Clerk, will receive sealed bids 1958 City Stone, of ler, u.anij.ci.u, x-aciuocK; oc Bond Aug. 1 from on inclusive. Offering thereafter are callable as of April 1, 1963. Principal and interest (A-O) payable at a bank or trust companv designated by the pur¬ 130,000 Sola—The submitted for 2%-s, at as thereafter Township, Elberta School Not and Gee, City Clerk, will receive sealed bids until 7:30 p.m. (EST) on July 23 for the purchase of $15,000 gen¬ eral obligation fire fighting equip¬ ment bonds. Dated April 1, 1957. Due on April 1 from 1959 to 1967 56— p. McDonald- H. were — Housing par. Offering interest Flushing, Mich. on Bonds due in 1977 and there¬ after are callable as of Feb. & Bond Sale—The $220,000 sewage v. bonds. Due in¬ bank a 2720 p. Muir, Mich. Bond to 1957 designated by $1,- follows: $750,000 payable submitted for will eealed bids until 8 p.m. sealed Principal and purchaser. Bonds Not Alpena, Mich. July from 1 company Stranahan, Bond Offerin g—Edward E. City Quinn, receive Oct. (A-O) trust or on inclusive. terest Harris & Company. •Seguin, will obligation public works equipment bonds. Dated June 1, Bonds obligation bonds totaling $162,000 offered June 18— V. 185, p. 2856—were awarded to group price of thereafter general Park, Mich. Sale—The 185, bonds offered Federal Home Finance a Michigan ment and general a Clerk, District No. 4 (P. O. Allen V. bids until 7:30 p.m. (EST) on July 22 for the purchase of $25,000 of Detroit. Bond the to Due Bond Offering—Trena M. City July 1 from 1958 to inclusive. Bonds due in Center v. — $1,650,000 Stu¬ inclusive. Bonds due 1959 lord, Secretary of Board of Edu,■cation, will receive sealed bids H. to Farmington, Mich. after Alden School District, Mich. awarded Sattley & Co. sive. Bonds due in 1963 and there¬ are callable as of April 1, Principal and interest (A-O) payable at a bank or trust com¬ pany designated by the purchaser. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. Sale—The 26 sold will No. 10 (P. O. Dafter), Mich. 8 3962. June 1961 Clair Bond Bond Township School District — p.m. '(EST) on July 24 for the purchase of $300,000 school build¬ ing bonds. Dated July 1, 1957. Due on April 1 from 1959 to 1975 inclu¬ - - - . to 35,000 3V2s. Due of University Agriculture and Applied Science (P. O. East Lansing), Mich. Company, of Detroit. Bond State $38,000 4V2S. Due Crystal Falls School District, Mich. Bond Sale—The $55,000 school a price building bonds offered July 11— basis of about 2.76%. v. 186, p. 157—were awarded to MICHIGAN 1958 in due $120,000 3%s. Due St. callable are from 1 Monday, July 22, 1957 1977 inclusive. to Michigan of as or Arthur also Jan. on 1962 inclusive. dent Health Bond 1986 Due to 1.963 Bond Bridgman, Mich. 1959 to 5s. 169,000 41//2S. Due on Jan. 1 from Cutler, of Chicago. in 1967 and thereafter Somerville, Mass. Note Offering—William J. $31,000 1958 at a banking institution designated by the successful bid¬ der. Legality approved by Chap¬ fiey, Housing Board, of payable Heag- Chairman, will receive sealed bids at the office of the State as 1957. Principal and interest (F-A) man " callable are 1, 1967, ... • by Faegre & Legality approved Benson, of Minne¬ apolis. Sale The Sale The $12,000,000 Highway bonds of¬ fered July 16—v. 186, p. 158— were awarded to a syndicate headed by the First National City Bank of New York, as 2.90s, at a State price of — Trunk 100.05, a basis of about 2.89%. Other members of the syndicate: The Northern Trust Company; Continental Illinois National Bank and Trust Company Chicago; of Kuhn, Loeb & Co.; Eastman Dil¬ lon, Union Northwestern Securities National & Co.; Bank of The First National Portland, Oregon; Wal¬ Minneapolis; Bank of lace, Geruldsen & Brothers Harriman & Co.; Brown Co.; Robert Na¬ W. Baird & Co., Incorporated; tional Bank of Commerce Buhl, Minn. Bond Minnesota (State of) Bond of provement and public utility im¬ Seattle; Winslow, Cohu & Stetson; Harold E. Wood & Company: Byrd provement bonds totaling $200,000 Brothers; — general im¬ Zahner and Company. Volume 186 Number 5657 . The Commercial and Financial Chronicle . . MoWer mnd-JRreebor»Co*mtiesJqint inclusive. Principal interest and 57 (369) DtdtontNeb, Margate CityyN. /. -Carlsbad, Mex.l ' ", $445;000 Spe-i jcial Assessment Paving -District : the DaltoiHBtate Bank, Dalton. ; ) J*ond Sale—Amissp ! and street paving bonds totaling No. 7 bonds offered- July 11 — school' build ing ^bouds: :was .sold Charles & Trauernicht, of St. ! $330,000 is July 25—v. 186, p. 265. V. 186, p; 158—were awarded to Lincoln,-Neb. Louis. tor Piper; \ Jaffray Hopwood. Boettcher & Co., of Denver,- ad Bond Sale—The special assess¬ Middlesex, N. J. 4y4s and 3%s, at a price of 102.00* Olmsted County Common Sch. Dist. Sunflower County, Drew Municipal ment bonds totaling $881,000 of¬ Bond Offering—Elmer C. Hoagfered July 15—v. 186, p. 57—were 'No. 9 (P. O. ' Rochester), Minn. Separate School District (P. O. NEW YORK land, Borough Clerk, will receive Bond Sale—The $40,fH)Oge'neral awarded to Drew), Mis. Salomon Bros. & sealed bids until 8 p.m. (EDST) Bond Offering—Janie Stancill, Hutzler, at a price of Brookhaven (P.O. South Ocean .i obligation school building bonds 100.03, a on July 31 for the purchase of offered July 11—v. 186, p. 158— District Clerk, will receive bids net interest cost of about 2.94%, Avenue, Patchogue), N. Y.' $105,000 bonds, as follows: until 10 a.m. (CST) on July 23 as follows: were awarded to »*R©nd Sale—An issue of .$26,000 Independent"* Consolidated l School payable m .a; paying agent - to be District* No% 90 '(Pi jDs Eyle '//Minn. i designated by . the State Bond : Commission. Legality approved by water, -system, bonds . Bond Bond • Offering - Correction -4' sold rto: The offering -date bf the school was Sal«s-The - • v Piper, Jaffray & Hop wood, of Minneapolis.7 - as 4.60s, at a price of 100.03, a basis of about 4.59%.;* * . Offering Postponed—The offer¬ for the purchase of $500,000 school bonds. Due serially from 1958 to to ; bids until 8 p.m. 29 for the (CDST) on July purchase of $1,025,000 improvement bonds. Dated Sept. 1, 1957. to Due March on interest payable from 1959 Principal 1968. inclusive. and 1 at suitable purchaser. any bank designated by the Legality approved/by Faegre Benson, of Minneapolis. <Minnesota Bond Offering—A1 Braun, Dis¬ receive sealed bids until 8:30 p.m.. (CDST) on July 25 for the purchase of $120,000 school building, bonds. Dated Aug. 1, 1957. Due on Feb. 1 from Clerk, will 1977 inclusive. Bonds due 1960 to in 1972 and thereafter are ^ callable of Aug. 1, 1967. Principal and interest (F-A) payable at: any as suitable bank designated by the purchaser. Legality approved by Dorsey, Owen/ Barker, Scott & Barber, of Minneapolis.;. Swanville, Minn. t 8»nd Offering Herbert — Thompson, Village Clerk, will re• ceive until. 8 bids sealed - (CDST) p.m. July 25 for the pur¬ chase of $30,000 general obligation community building bonds. Dated Aug. 1, 1957. Due on Aug. 1 from 1960 to 1968 inclusive. Principal on and interest suit¬ the pur¬ chaser. Legality approved by Briggs, Gilbert, Mbrton, Kyle & Macartney,.of St. Papl. payable at any able bank designated by ' i • i *i i W'aterville, Mihn. ■ "• H. E. Beach, 1 Bond Offering City Recorder, will receive' sealed bids until 2 p.m. (CDST) on Aug. 5 for the purchase of $500,000 sanitary sewer and sewage treat¬ ment plant bonds. Dated Aug. 1, 1957. Due on Aug. 1 from 1960 to 1983 inclusive. Bonds due in 1972 thereafter and callable are as of Aug. 1, 1970. Principal and inter¬ est payable at any suitable bank¬ ing institution designated by the purchaser. Legality approved by Briggs, Gilbert, Morton, Kyle & Macartney, of St. Paul. '■ Willmar, Minn. Offering Certificate — Bond Einar H. Brogren, City Clerk, will receive Clerk, Radah B. Becker, City Clerk, an¬ that nounces received bids sealed until 8 p.m. will (CST) be on bids July until 7 for Sale—The $300,000 non dormitory revenue tax-exempt offered bonds to the Federal Finance June 7 were sold Housing and Home Agency, as 2%s, at St. Louis County (P. O. par. Bond lic improvement bonds offered July 17 — v. 186, p. 158 — were awarded to a syndicate headed by the Northern Drexel Trust & Trust Co., p.m. Co., Chicago, and Mercantile St. Louis, at a price of 100.06, a net interest cost of about 3.28%, as followsr Co., Sale—An was issue sold Dated Bond Miss. works to of $50,000 1958. Legality approved Charles & Trauernicht, of by St.. Louis. Indianola, Miss. Sale—The $67,000 assessment street offered bonds p. special improvement July 16 — v. 186, 57—were awarded to the First National Bank of Memphis, as 4.15s. Mississippi (State of) Offering—Joe T. Patter¬ Sale—The Attorney-General and ExSecretary of State Bond Commission, will receive sealed bids until 10 a.m. (CST) on Aug. -14 for the purchase of $3,920,000 general obligation bonds. Dated May 1, 1957. Due 'semi-annually from May 1, 1958 to May 1, 1969 the at Boonton Trust Company, of Boonton. Legality by Hawkins, Delafield & Wood, of New York City. approved W aid wick Bond - School District, N. Offering Pfitzner, Secretary J. R. Edward — of the until 2 p.m. on Board (M-S) payable at the Bank National & Merchants Trust Co., Legality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. - Jordan. Huntington and Smithtown **1 v-m n-. . • . ™ Union mm n Free Sch°°l D,'tnct No'Y. (F' °' 10 Commack), N. Bond Sale—The $990,000 school • bunaing bonds offered July 16—• v. 186, p. 159—were awarded to a group composed of Halsey, Stuart & Co. Inc.; George B. Gibbons & Co., Inc.; Bacon*Stevenson & Co.; Chas. E. Weigold & Co.; R. and of Legality system bonds offered June 185, p. 2966—were awarded Piper, Jaffray & Hopwood, of Minneapolis, as 4%s, at a price of par. Yellowstone County (P. O. Billings), Mont. Bond Sale—The $625,000 court house bonds offered July 17—v. 2721—were awarded to a composed of Piper, Jaffray & Hopwood, Allison-Williams Co., J. M. Dain & Co., Kalman & Co., 185, Dated bonds. Aug. 1, 1957. Due 1977 in¬ clusive. interest (F-A) payable at the First Na¬ tional Bank of Bradley Beach. Legality approved by Caldwell, Marshall, Trimble & Mitchell, of 1 from 1958 to Principal and Aug. on City. $620,000 water . p. Township Easthampton Sch. Dist. (P. O. Mount Holly), N. J. Sale—The Bond $70,000 school bonds, offered July 15—v. 186, p. 158—were awarded to Boland, Saffin of & as 4.70s, at a price basis of about 4.68%. Co., 100.07, a Fredon Twp. School District (P. O. D. No. 2, Newton), N. J. R. Bond Offering Arnold G. — group & Co., Inc., and Foster & Marshall. Conant, Secretary of the Board of Chase County Schol District No. 42 (P. O. Lamar), Neb. Bond Sale—The $59,000 build¬ ing bonds offered July 8—v. 186, p. 57—were awarded to Coushlin & Company, of Denver, as 4^4 s, at a price of 100.42. approved Delafield York City. Hawkins, New West Morris Wood, of Regional School Dist. of Bond Sale — The building bonds offered July 16—v. 186, p. 158—were awarded to a group headed by the National State Bank of Newark, and B. J. Van Ingen & Co. The group bid for $1,994,000 bonds as 3.85s, at a price of 100.30, a basis of about purchase of bonds. on (DST) Dated Dec. clusive. (J-D) Trust 1 1957 Principal payable 1, at Co., Newton. building 1956. to 1969 Due in¬ and interest the Newton Legality proved by Hawkins, Delafield & Wood, of New York City. Chamberlain, until bids sealed receive George — 2 Fitz- will p.m. 25 for the pur¬ chase of $2,425,000 bonds, as fol¬ (DST) July on lows: bonds. Due on from 1958 to 1986 in¬ water $1,900,000 May 1 clusive. Other Ira members of the account: Hornblower & Weeks, Bramhall, Falion & Co., Inc., Van Deventer Brothers, Inc., J. B. Hanauer & Co., F. R. Cole & Co., Haupt Ewing & Miller & 525,000 Co., & McBride, Co., and Co. NEW Albuquerque Municipal Sch. Dist. Sale—An issue of $2,000,- 000 building bonds was sold to the State of New Mexico, as 3s, at a prinp of par. only bid submitted the foregoing bonds when originally offered on June 4 v. 185, p. 2721—was rejected. for improvement municipal bonds. Due on 1 Nov. from 1957 to 1960 inclusive. / The 1957. bonds are dated May 1, Principal ana interest (M-N) payable at Co. the of Marine Central Midland New York, Midland Trust Co., New York City. Legal¬ ity approved by Vandewater, Sykes, Heckler & Galloway, of Oswego, or at the Marine MEXICO New Mexico Bond NOTE—The ap«* City gibbons, 3.81%. Aug. 5 for $65,000 Dec. from on Y. Oswego, N. Offering Bond Trust until 8 p.m. rate of 2.57788%. terest $2,000,000 school & Trust National America Saving^ Association, of San Fran¬ cisco, jointly, at an effective in¬ (P. O. Chester), N. J. Education, will receive sealed bids the NEBRASKA son, Officio HAMPSHIRE Berlin, N. H. Offering—Louis New York to Blyth Bond March 1 from 1958 to 1973 inclu-, sive. Principal and interest (M-S) Delorge, Jr., City Treasurer, will receive sealed bids until 4 p.m. (DST) on July 22 for the purchase of $200,600 notes. Dated July 25, 1957. Due Dec. 20, 1957. 26—v. Cady & Co., as 3V->s. April 1, 1957. Due April 1, Bond Mont. works notes improvement Offering—Joseph F. Starkey, Secretary of Board of Educa¬ tion, will receive sealed bids until 8 p.m. (EDST) on July 30 for the purchase of $80,000 school bonds. Dated March 1, 1957. Due on Nevada, bids July 31 for. the pur¬ municipal build¬ ing bonds. Dated Sept. 1, 1957. Due on Sept. 1 from 1958 to 1981 inclusive. Principal and interest Bond payable Note Montville), N. J. sealed (DST) chase of $47,000 - Havre, Note Middlesex. . MISSISSIPPI water ceive par. Elbridge, N. Y. Offering—Gayer MacColVillage Treasurer, will re-1 D. White & Co., as 4.10s, at a Education, will receive sealed Hopkinton School. District, N. H. bids until 8 p.m. (DST) on Aug. 6 price of 100.03, a basis of about Bond Offering — Elizabeth M. for the 4.07%. purchase of $162,000 school $1,823,500 4s. Due on Feb. 1 from Nystrom, District Treasurer, will bonds. Dated Dec. 1, 1956. Due Liberty and Bethel, Swan Lake Fire 1958 to 1965 inclusive. receive sealed bids at the Mer¬ on Dec. 1 from 1957 to 1976 in¬ District (P. O. Liberty), N. Y. 4 1,110,000 3s. Due on Feb. 1 from chants National Bank of Boston, clusive. Principal and interest 1966 to 1969 inclusive. Bond Sale— The $20,000 fire 28 State St., Boston, until 11 a.m. (J-D) payable at the First Na¬ 3,865,000 3V4S. Due on Feb. 1 apparatus bonds offered July 15 (DST) on July 23 for the pur¬ tional Bank of Allendale. Legal¬ from 1970 to 1977 inclusive. —v. 186, p. 58—were awarded to chase of $145,000 school bonds. ity approved by Hawkins, Dela¬ the National Bank of Liberty, as Other members of the syndi- Dated Aug. 1, 1957. Due on Aug. field & Wood, of New York City. 3.40s, at par. cate: First Boston Corp.; Hall- 1 from 1958 to 1969 inclusive. garten & Co.; A. G. Edwards & Principal and interest payable at Wayne Township (P. O. Mountain \ Middletown, N. Y. Sons; Alex. Brown & Sons, City the above-mentioned Bank. Le¬ View), N. J. Bond Offering — Nicholas F. National Bank & Trust Co., of gality approved by Storey, ThornBond Offering—Peter MacDon- Vuolo, City Treasurer, will re¬ Kansas City; R. S. Dickson & Co.; dike, Palmer & Dodge, of Boston. ald, Township Clerk, will receive ceive sealed bids until 2 p.m. Stern Brothers & Co.; King, sealed bids until 8 p.m. (EDST) (DST) 011 Aug. 6 for the pur¬ Pembroke School District,-N. H. Quirk & Co., Inc.; Blewer, Glynn on July 24 for the purchase of chase of $108,000 public improve¬ Bond Offering — Frances Mc¬ & Co.; R. H. Moulton & Co.; Stix $202,000 water bonds. Dated Aug. ment bonds. Dated Aug. 1, 1957. & Co.; and Smith, Moore & Co. Donnell, District, Treasurer, will 1, J 957. Due on Aug. 1 from 1958 pue on Aug. 1 from 1958 to 1967 receive sealed bids at the Mer¬ to 1087 inclusive. Principal and inclusive. Principal and interest MONTANA chants National Bank of Boston, interest fi (F*A) payable- at the (F-A); payable at the' - Orange 28 State St., Boston, until noon Bozeman, Mont. Prospect Park National Bank, County Trust Co., Middletown. (DST) on July 24 for the pur¬ Bend Offering — Clerk L. G. Prospect Park. Legality approved Legality approved by VandeShadoian announces that the City chase of $115,000 school bonds. by Hawkins, Delafield & Wood, of water, Sykes, Heckler & Gallo¬ Commission will receive sealed Dated Aug. 1, 1957. Due on Aug. New York City. way, of New York City. • 1 from 1958 to 1980 inclusive. ana oral bids until 3 p.m. (MST) on New York (State of) Wayne Township School District Aug. 2 for the purchase of Principal and interest payable at the above-mentioned Bank. Legal¬ (P. O. Paterson), N. J. $1,200,000 water system revenue Bond Offering Planned — State bonds. Dated July 1, 1957. Due 011 ity approved by Storey, ThornBond Offering—William G. De- Comptroller Leavitt is expected to July 1 from 1958 to 1987 inclusive. dike, Palmer & Dodge, of Bos¬ Young, Secretary of Board of Ed¬ make an offering of about $27,000,ton. Bonds due in 1968 and thereafter ucation, will receive sealed bids 000 grade crossing elimination" are callable as of July 1, 1967. until 8 p.m. (EDST) on July 24 bonds on or about July 30. NEW JERSEY Principal and interest (J-J) pay¬ for the purchase of $770,000 build¬ New York City Housing Authority, able at the Harris Trust & Savings Avon-By-The-Sea, N. J. ing bonds. Dated Aug. 1, 1957. Due New York Bond Offering — Henry Bank, of Chicago. Legality ap¬ M. on Aug. 1 from 1958 to 1977 in¬ Note Sale—The $1,235,000 notes proved by Dorsey, Owen, Barker, Brouster, Borough Treasurer, will clusive. Principal and interest offered July 16—v. 186, p. 265— Scott & Barber, of Minneapolis. receive sealed bids until 11 a.m. (F-A) payable at the County were awarded to the Chemical and Trust (DST) on July 30 for the purchase Bank Company, of Great Falls, Mont. V Com Exchange Bank, and Bank of $225,000 sewer improvement Haledon. by J-J. Fulton, price of a NEW Missouri Sale—The $6,798,500 pub¬ , pay¬ Montville Township School District sold to the State of 4s, at Clayton), 1 Bond lum, tary Sewer Improvement Districts Nos. 2 and 3 totaling $287,504.39 offered July 12—v. 186, p. 57— as Aug. on inclusive. Legality approvded by Hawkins, Delafield & Wood, of New York City. NEVADA were in State 1968 able at the National Bank of New Reno, Nev. Bond Sale—The bonds of Sani¬ Missouri 1957. to ing of $50,000 Water bonds origi¬ nally scheduled for' July 23—4 v. 186, p. 265—has been postponed J Jersey, 3.30s. College (P. O. Kansas City), 1, 1958 (P.. 0. Park the 24 Aug. from Principal and interest (F-A) 186,000 Water District bonds, as on Bond • Offering—Fred L. Hill, (CDST) purchase of City Clerk, will receive sealed bids until 8 p.m. (MST) 011 July $4,200 tax anticipation certificates. Dated Aug. 1, 1957. Due Aug. 1, 22 for the purchase of $6,500 Spe¬ 1959. Principal and interest pay¬ cial Improvement District No. 929 able at the City Treasurer's office. bonds. Dated Aug. 1, 1957. Interest sealed Dated 1 1967. Aug. 6 for the purchase of $200,000 street improvement bonds. Bond V' trict Ferguson, Mo. Offering — City & Stearns County Independent School District No. 38 (P. O. Spring Hill), sewer assessment bonds. combination will mature 1962 inclusive; $217,000 2.80s, due 011 July 1 from 1963 to 1965 inclusive; and $156,000 2.90s, due on July 1, 1966 and MISSOURI Bond Offering—Josepn Justad, City Clerk, will receive sealed 11,000 , 1977 inclusive; . Louis Park, Minn. St. $94,000 general bonds. $695,000 Paving and Improvement District bonds, for ,$322,000 3.30s, due on July 1 from 1958 New York City. Riverhead (P. O. Riverhead), N.Y. $267,000 bonds Bond Sale—The offered July y. i86, p. 159— were awarded to Adams, McEntee & Co., Inc., as 33/4S, at a price of 100.35, a basis of about 3.70%. 58 The (370) Warwick and Chester Central Sch. District Na. Bond 186, Sale The — awarded 265—were p. $2,670,000 July 18—v. offered bonds to a composed of Smith, Barney & Co., Phelps, Fenn & Co., Hornblower & Weeks, Bacon, Steven¬ group a The bonds dated are Legality Squire, Sanders approved & by of Dempsey, Cleveland. First Bond Sale—The $100,000 school bonds offered July 15— 186, p. 265—were awarded to Fahey, Clark & Co. Amherst, Ohio Bond Offering—Robert L. Renourd, Village ceive (DST) will Clerk, until bids sealed re¬ noon Aug. 6 for the purchase on $16,800 South provement bonds. Dec. on Principal and in¬ terest (J-D) payable at the Lorain County Savings & Trust Co., Am¬ herst. Legality approved by Squire, Sanders & Dempsey, of The — of district improve¬ ment special assessment bonds scheduled for July 29, mature on from sive not and issue of to 1958 reported as inclu¬ 1977 July 15—v. 186, in 3, to basis a Sale—The offered were July $229,700 bonds 16—v. 185, 159— p. awarded to McDonald & 3y2s, at Co., par. Due Dec. on from 1 1958 1967 inclusive. Principal and (J-D) payable at the Na¬ City Bank, Rocky River. Legality approved by Squire, interest tional Sanders & Dempsey, of Cleveland. Brooklyn City School District (P. O. Cleveland), Ohio Bond Sale—The $650,000 school building bonds offered July 16— v. 185, p. 2966—were awarded to the First Cleveland Corp., 4y2s. as Columbus, Ohio Bond Offering — Agnes Brown Cain, City Clerk, will receive sealed bids until 11:30 a.m. (EST) on July 24 for the purchase of $177,161.34 bonds and notes, as follows: $42,118.34 street improvement spe¬ cial assessment bonds. Due March from 1 to 1959 $14,000 sewer 2858—were awarded to the Farmers and Traders Bank, 4%s, at price a of par. Kent City School District, Bond Sale—The on 1968 building bonds offered July 11— v. 185, p. 2967—were awarded to Hayden, Miller & Co., as 3%s, at a price of 100.71, a basis of about moreland, City Auditor, ceive sealed bids until will re¬ (EST), noon Aug. 3 for the purchase of $43,500 special assessment street improvement bonds. Dated Aug. on 1, 1957. Due 1977 (J-D) Principal payable and at County (P. O. Toledo), Ohio Sale—The special assess¬ Bond ment various purpose bonds Dated Sept. 1, Legality approved by Bricker, Marburger, Evatt & Barton, of Columbus. v Bond Offering—WVF. Clerk of the Board Commissioners, sealed bids composed & of Braun, Bos¬ Co.; Stranahan, Harris & Co.; and Ryan, Sutherland & Co., as 3V2s, at a price of 100.90, basis of about 3.19%. 11 (P. O. City), Ohio Bond Sale—The $15,000 build¬ ing bonds offered July 15—v. 186, National Bank of Cambridge, bonds. 1 Due from on as ' bonds. Oct. 1 Due from 875,000 road, separation on City Auditor, will receive bids April 1 and 1972 incl. improvement April; 1 1958 to bridge 1972 and bonds. and incl. 1972 1,817,000 and on 345 inclusive. and 346 Improvements bonds. Due on April 1 and Oct. 1 from 1958 to 1977 inclusive. 25,000 County Sewer District 15, Water Supply Improvement 2,400,000 3V2S. Due Nov. to 15, to at the Ohio until sewage noon disposal sanitary works, Nov. 1 from to 1958 1977 nances bonds. sewers, and Due inter¬ appurte¬ on Nov. 1 from 1958 to 1977 inclusive. The bonds are dated Aug. 1, Principal and interest (M-N) payable at the Cleveland Trust 1957. Co., Cleveland. Legality approved by Squire, Sanders & Dempsey, Cleveland. littman Exempted Village District, Ohio Offering — E. Williams, Clerk of Board of Eduation, will receive sealed bids ntil he noon milding 057. .972 (FDST) purchase Due of bonds. on July 31 for Dated Dec. inclusive. on $160,000 1 from school Aug. 1958 1, to Principal and in¬ Sept. on 1973 from 1 Sept. 1 from on inclusive. 1977 Sept. 1, 1978 on the Bond Offering — 1, 1957. Due to inclusive. 1976 Stumip, Sept. Bonds Principal payable at (M-S) land. as and the > purchase of $2,800,000 $1,800,000 000,000 storm were bids 13 for bonds, $1,- Woods County Indep. Sch. District No. 1 (P. O. Alva), Okla. — C. Mrs. 1 (CST) p.m. purchase of on July 25 for $125,000 school building bonds. Due from 1958 to 1966 inclusive. was (The 1 from July 18 ot¬ postponed.) Gresham, Oregon Bond Offering Helen Harris, City Recorder, will receive sealed on Aug. 7 for the purchase of $30,000 sewer bonds. Dated Sept. 1, 1957. Due on Sept. from 1 1958 to 1972 Offering William — Principal and interest payable at the City Treas¬ urer's office. Legality approved by Winfree, McCulloch, Shuler & Sayre, of Portland. Hillsboro, 14 for general improvement bonds.. 1, 1957. Due to Sept. on inclusive.' 1961 approved by Townsend, Elliott & Munson, of Philadelphia. Speers (P. O. Charleroi), Pa. • : Sale—The $30,000 general Bond Springfield Township (P. Wyndmoor), Pa. B. Grove,? Jr., V County Chief Clerk, will receive p.m. (DST) purchase of sealed to until on Aug; 1 for $260,000 general bonds. Due bids Dated Sept. 1963 inclusive. 1 on ' 8 the ob¬ Sept.; l..; from 1958 " Bond 10—v. to Sale Deane Scribner; Stroud & Co.; Moore, Leonard & Lynch; Fauset, Steele & Co.; and Arthurs, Lestrange & Co., as 4V4S, at a price of 100.57, a basis of about 4.17%. (P. O. Township Sch. Dist. Ardmore), Pa. Bond Sale—The $2,100,000 gen¬ obligation bonds offered July 15—v. 186, p. 159—were awarded eral to group composed of Philadel¬ a phia National Bank; Kidder, Pea- body & Co.; Butcher & Sherrerd; Equitable Securities Corp.; Singer, & Scribner; Rambo, Close Kerner; Harrison & Co.; Hallowell, Sulzberger & Co.; Elkins, Morris, Stokes & Co.; and Arthur L. Wright & Co., at a price of 100.01, a net interest cost of about 3.04%, $600,000 4s. 1959 to as Due 1964 1973 600,000 3s. Due 1974 to 1979 Aug. 1 on from & Sachs awarded Co., and Townsend,:! Crouter & The Municipal Authority of the Borough cf Chambersburg (P. O. Chambersburg), Pa. Bond Sale—The bonds revenue 186, v. a p. group Aug. 1 from $980,900 offered sewer July 11— 159—were aw*r^«d +o composed of Goldman, Sachs & Pierce, Fenner Co.; Merrill & Lynca. Beane; Stroud & Co.; Harrison & Co.; and Janney, Dulles & Battles, Inc., at a price of 98.16, a net interest cost of about 3.24%, as $175,000 2 34s. Due 1958 375,000 to 3s. 1963 to 1962 follows: on 1971 to Due to July on from 1 1970 inclusive. 1974 1977 on July 1 from inclusive. 190,000 3.20s. Due 1975 July 1 from inclusive. 240,000 3.10s. Due on July 1 from inclusive. West Norristown (P. O. Norristown), Pa. Sale—The $40,000 general Bond obligation bonds offered the June 18 2859—were awarded 1o Peoples National Bank, of 185, p. Norristown, as 21/2s, at a price of par. inclusive. on Aug. 1 PUERTO from inclusive, Puerto Millvale School District, Pa. Bond Offering—Albert J. King, Oregon 59—were p. &."Bodine, jointly, as 3%s, at a' price of 100.06, a basis of about —v. inclusive. 900,000 2.85s. Due 1965 to follows: on 186, Goldman, DeHaven The & Lower Merion — 3.36%. $170,000 gen¬ eral ooligation bonds offered July 15—v. 186, p. 266—were awarded to a groun composed of Singer, — O. Sale The $250,000 "genl obligation bonds offered July eral Homestead, Pa. in¬ clusive. (J-D) Aug. on $140,000 1958 Legality and (PST) of bonds offered July 12 186, p. 59—were awarded to Chaplin & Company, as 4V2s. Deane OREGON bids until 8 p.m. : F. Principal and interest payable at the Security Trust Co.. Pottstown, -t A. Traverse, Clerk of the Board of Education, will receive sealed bids until (DST) noon purchase Dated Sept. County (P. O. Chambersburg), Pa. Bond . Bond and sewer Pa. Linford — . Franklin 11, street bonds. Oifering Offering obligation sanitary July on follows: as the in callable are 1957. 1, interest due County Treasurer's office. Legal¬ ity approved by Winfree, Mc¬ Culloch, Shuler & Sayre, of Port¬ 1957. Tulsa, Okla. Offering — Sealed Bond , Moyer, Secretary of the Board of Directors, will receive sealed bids Dated Sept. Sept. 1 from 1962 on 1968 and thereafter of Helen Clerk, will receive sealed \ > $25,000 offered Webster —v. Bonds Not Sold —No bids for A. School District, Pottstown obligation a.m. bonds Co.; Fauset, Steele & Co.; Thomas &' Company; Brooke & Co.; McCormick & Co.; Mullaney, Wells & Company; Fahey, Clark & Co.;' Glover & MacGregor, Inc.; Dol¬ phin & Co. ?_ inclusive. (P. O. Yamhill), Oregon ligation School Margaret Sept.' 1, 1904 on until Inola, Okla. sewer & pany, (A-O) National (CST) on July 25 for the purchase of $175,000 county hosptal bonds. Due from 1960 to 1967 inclusive.? - received Cor¬ Fidelity Union Trust Com¬ Newark, N. J.; The Illinois Company Incorporated; Geo. B, Gibbons & Company Incorpo-. rated; Moore, Leonard & Lynch; from 1 Bond — sanitary ceptor sewers Sept. 011 inclusive. bids until 8 p.m. (PST) on July 29 for the purchase of $160,000 gen¬ O. Hollis), ' Securities rerd; Roosevelt & Cross Incorpo¬ rated; First of Michigan Corpora¬ District Bond Offering—Viola Lassman, County Clerk, will receive sealed 10 Webster Witter Dean 3.18%, PENNSYLVANIA bids until & Dougherty & Co.; Coffin & Burr Incorporated; Butcher & Sher¬ - OKLAHOMA '7 (P. Savings and poration; R. W. Pressprich & Co.; on sewers inclusive. 325,000 if 16 5^s, at a price oi basis of about 5.49%. Oklahoma 1 inclusive. offering group Trust . bonds, offered June County Stone Yamhill County School District No. as and appurtenances bonds. Due on National and 1979. 26—v. 185, p. 2859—were awarded to Seasongood & Mayer, of Cin¬ Harmon Aug. on 1982 the 1 inclusive^ curities?& 1965. 1974 to Sale—The $450,000 school cinnati, 100.03, a 1963 200,000 31/4S. Due Windham Exempted Village School Bond a Due to Aug. on 1988 Bank; Eastman Dillon, Union Se-; Co.; Goldman, Sachs & Co.; Salomon Bros. & Hutzler; group Chas. N. price of 100.01, and 400,000 3V8S. Due Bank, of Columbus. improvement a inclu¬ Due 1967 sive. Principal and interest payable 3 Vas. in 1964 to 1969 > Aug. 1' inclusive." on Due 1965 Harris are: to 3V4S. eral obligation bonds. 1957. 1958 1959 from ". • 1966 to bonds offered June Aug. from Co.; 800,000 3s. Due Ohio 1 to First ,200,000 3Vzs. Due 1977 incl. Company, and Sweney, Cartwright & Co., jointly, as 4s, at a price of 101.13, a basis of about 3.77%. Oct. from Due tion; 185, p. 2502—were awarded the the & 1960 to Upper Arlington, Ohio improvement of $400,000 4s. Due and 6—v. awarded follows: May 1 and on from 1969 to 1 4i/2s. 2,000,000 May 1 and on offered 59— were' p. ' syndicate headed by x $3,000,000 Included net interest cost of about a Nov. 1 from 1962 to 1968 incl. tering Bond County Sewer District Sewerage 1,435,000 3j/4S. Due bonds 186. '• $12,000,000 follows: as inclusive. $2,000,000 water July 16 — v. 186, Tripp & Co., at 1 and as (DST) on July 30 for the purchase of $525,100 bonds, as follows: grade Due May Nov. 1 from 1958 to 1961 incl. the April 1 and Oct. 1 from 1958 to Boud- sealed receive 1958 to 800,000 Snow Road Painesville, Ohio Offering — C. V. Bond 59—were Atkinson on 1967 Portland; Harriman Rip¬ ley & Co., Inc.; First Boston Corp.; Dean Witter & Co.; Foster & Marshall; Bramhall & Stein, the at a 7,000,000 offered composed par. interest $665,000 4V2S. Due Bond $940,000 Snow Road improvement Oct. bear bonds to Bank of & 159—were awarded to the First p. Chinnock, County (DST) on Aug. 8 for the purchase of $4,457,000 bonds, as follows: price of a will be received until Aug. Lore interceptor a.m. Dominick, & McDonald following rates: the Madison Consol. Local Sch. Dist. of will until Brothers, at p200,000 Cuyahoga County (P. O. Cleveland), Ohio Dominick Company, total¬ reaux, 1957. Co., v. Bond Sale—The Co., J. A. Hogle & Co., and Byrd $156,910 offered July 12 — 186, p. 58—were awarded to a group worth 135,043.00 street improvement special assessment notes. Due March 1, 1959. & obligation — 16 lro'm p. Illinois The — awarded to Portland, Oregon Sons, Francis I. duPont ing a awarded to a First Boston Brown & Sale July Schar, Portland. bonds the First National Bank, Cincinnati. Legality approved by Peck, Shaf¬ fer & Williams, of Cincinnati. v. of 1958 Dec. 1 from 1958 on inclusive. interest Lucas were — of District, Ohio Lincoln Heights, Ohio Offering — Guy West¬ to $4,500,000 mortgage offered July 17—v. first composed 3.67%. ' on 58 p. Dated 4s. inclusive. bonds from Corp., Dean Witter & Co., LadenThalmann & Co., Alex. Ohio $650,000 school Bond Bond Offering—Glen Ganyard, City Auditor, will receive sealed bids until noon (DST) on Aug. 5 for the purchase of $218,250 street improvement bonds. Dated Aug. 1, 186, The — Bond Sale—The $147,456.44 spe¬ assessment street and sewer p. as 1 system d o 11 general E. Principal and interest (F-A) pay¬ able at the County Treasurer's office. Legality approved by Winfree, McCulloch, Shuler & Sayre, cial bonds offered June 28 of Jamestown, Sale revenue 4.28%. Sale—The 185, —v. Bay Village, Ohio 1957. about of assessment our Barberton, Ohio Bond Bond 41/2S, at a price of 101.80, as 11—v. 185, p. 2967— to Hayden, Miller 4Hs. sewerage B the First National City Bank, New,1 bids until 7:30 p.m. (PST) 011 July 29 for the purchase of $11,-: York City, and Halsey, Stuart & Co. 000 Inc., at a price of 100.05, a general obligation bonds.*; net interest cost of about Dated Aug. 1, 1957. Due on Aug. 3.54%r Toledo, Ohio Field, Richards & Co., of Cleve¬ land, Amherst, Ohio $34,650 special improvement bonds as Offering—Earl 1957 Philadelphia School District, Pa. t Silverton), Oregon awarded Co., improvement bonds offered June 27—v. 185, p. 2858—were awarded Chronicle... Monday, July 22, County School District No. (P. O. Route 3, Box 134 B, Bond Sale—The offered July The (P.O. 1501 Prospect Road, Hudson), Ohio Bond Sale—The $ouu,000 school R.D. Financial District Clerk, will receive sealed burg, Hudson Local School District 265. p. South Bond assessment about 3.20%. Bond offering sewer 1 Lancaster), $100,000 bridge construction bonds offered July 15—v. 186, p. 58—were awarded to Braun, Bosworth & Co., as 3Y4S, at a price of 100.20, a basis of Ashland, Ohio Dec. Trust & Jamestown, Ohio Correction approved by Squire, San¬ & Dempsey, of Cleveland. group Cleveland. $57,900 the and Bond Sale—The St. inclusive. 1967 was Bank Fairfield County (P. O. Ohio 1 from 1958 to 1957. Due notes terest. im¬ Dated Aug. 1, Main (J-D) payable at the RittSavings Bank, Rittman. Le¬ ders $18,000 sold to ot Company, of East Liverpool, at 4% in¬ both building issue National Bank Potters Township Local Sch. Dist. (P. O. Cambridge), Ohio 540C and Marion & Liverpool, Ohio Sale—An tax anticipation Adams terest man were East Note OHIO to 1 1967 gality office. the as to Sept. 1, Principal and interest (A-O) payable at the County Treasurer's about 3.83%. of April on 1962 1957. Co., J. C. Bradford & Co., Chas. King & Co., as 3.90s, price of 100.72, a basis of and v. Due from 1 & son at Oct. inclusive. York New school 1456, bonds. and (P. O. Warwick), 1 Commercial Rico RICO Aqueduct and Sewer Authority (P. O. San Juan), Puerto Rico BondLjOffering—E. M. Bowman, City Recorder, will receive sealed Secretary of the Board of School Directors, will receive sealed bids —Revenues bids until Aug. 6 for the purchase of $36,000 im¬ until May, 1957 amounted to $646,722, as compared with $573.931 in May, provement building bonds. Dated Aug. 1, 1957. Due on Aug. 1 from 1958 to 1967 1957. Due 1966 and 8 p.m. (PST) bonds. on Dated on Sept. 1, Sept. 1 from 1958 inclusive. Bonds due in 1963 thereafter Sept. 1, 1962. are callable as of the 8 p.m. (DST) purchase of on Aug. 5 for $50,000 school' inclusive. Legality approved by Burgwin, Ruffin, Perry & Pohl. Pittsburgh. of Revenues and of Projects Increase the Authority according to Rafael in V. UrDuring the month of May a total of 10 projects were completed and 9 new ones begun. Among the com1956, rutia, Executive Director. Number 56.57 Volume 186 The Commercial and Financial ... rural areas. 5,600 inhabitants of ol in 5 aqueducts more 7,800 serve purchase-^ of $600,000 notes. Dated July 29, 1957. Due June 25, the'1 for Puerto Rico is Aqueduct and Sewer Author- the South (DST) on July 24 for until 4 p:m. Development. Bank fiscal agent for .Government. 1958. Bond Offering ' Bond Offering—Larry Munroe, Town Treasurer, will re¬ ceive sealed bids at the Second Bank-State Street Trust Co., Ill July 25 for the purchase of $1,500,000 school construction and alteration bonds. Dated Aug. 1, (DST) on Due 1977 inclusive. on tioned Thorndike, Palmer & Dodge, of Boston. Storey, by R. I. Lincoln, Bond Sale—An issue of $450,000 purchased inclusive. 1986 to F-A. Legality price of par, a t School South Dakota -r Sale--iThe Bond $40,000 building bonds offered July 17— '186,' w follows: approved by Storey, 267—were awarded p. TENNESSEE East Ridge, Tenn. Sale Bond Federal Reserve System 186, p. Bank, of Memphis; J. C. Bradford & Robinson-Humphrey Co., C. H. Little & Co., Union BUSINESS INDEXES Inc., Planters Average—100 Industrial Durable __ Minerals' 130 — 144 143 141 142 145 144 142 157 160 159 156 130 goods, 128 130 129 128 * 124 1 + 144 139'J' * ' *• ;• value—-;;-. Residential 108-'• July 16 127 awarded - X - 250'. ■■ X t[ 269 j, Payrolls ^114.0 :: 120.5 119.8 119.2 104:6 104.2 106.0 113.5 .113.7 \ •" and second at of Dodge 94 92 *123 119 *144 131 137 payrolls indexes are compiled by the Bureau of Labor 'Estimated, fNot available. • Statistics, "Preliminary.- 1947-49 Average=100 "June , Machinery . _ _ __ __ __ Autos, Other 132 168 ' : 136 174 166 140 136 132 trucks, and parts transportation equip. 167 166 151 152 154 208 196 189 195 212 188 211 213 188 124 ; 348 , 345 glass, Lumber and miscellaneous and Furniture 306 342 345 303 172 171 163 138 137 145' 157 157 163 1977 inclusive. Bonds due in 1968 121 118 129 and thereafter are 130 128 132 fixtures— 141 157; 161 115 123 132 135 122 manufactures Miscellaneous 135 133 _— and Furniture 121 122 119 115 118 139 144 138 137 141 and 106 102 X •" X Textile7 a.hed leather and Rubber Rubber ' 105 105 apparel products—_—— mill Apparel and /- 1957. Due on July _ .. Leather and products 117 products—— • products 1 products-'- X ... T 100 X 113*-: 112 X 116:..-' 110 129-"^ - 7 120 98 105 ' 100 108 118 114 111 X 132 123 104 / 101 X 100 100 149 149 145 149 149 145 X : and printing— Paper and allied products Paper 159 163 ' X ' 161 X 159 142 142 135 141 143 X 132 131 X 140 131 X 147 137 X 144 136 173 173 166 171 171 165 allied products— X 185 175 X 184 173 + + 205 191 X 205 192 16—v. to Newsprint Chemicals and Industrial - 138 141 140 140 138 142 tobacco mfrs. 110 no 110 113 107 114 X 110 111 X 107 114 X 111 111 X 104 110 X 108 X X X 106 X X 115 1 from 1958 to callable as of Nashville, Tenn. Bond ous Sale—The Beverages manufactures purposes 186, bonds offered July 160—were awarded Geruldsen & Co., as p. Wallace, 314s, at a price of of about 3.20%. 100.40, a basis Coal fuels _ _ Crude Crude _ and •Preliminary. 132 132 129 131 131 128 89 _ 84 85 88 83 84 152 154 149 151 154 148 * "142 136 X *143 136 liquids— X X 192 X X 182 earth min"rals 125 127 128 142 139 146 — gas and stone, _ — oil Natural Metal, _ — oil and natural gks gas _ _ +Not available. Texas Bond Sale—The $200,000 school 24 June offered bonds house — eral $4,000,000 gen¬ bonds offered improvement 16 — awarded v. to a 186, p. 60 — were syndicate headed by Blyth & Co., Inc., at a price of 100.02, a net interest cost of about 3.62%, as follows: ■; $480,000 5s. Due on Aug. 1 from 1960 inclusive. 1958 to 3.60s. 3,520,000 on Aug. 1 1982 inclusive. Due to 1961 from members Other the of syndi¬ Goldman, Sachs & Co.; Estabrook & Co.; Kidder, Peabody & Co.; The Equitable Securities Cor¬ cate: poration; B. J. Van Ingen & Co.; Merrill Lynch, Pierce, Fenner & Beane; F. W. Craigie & Co.; Scott, Horner & Co.; Wm. E. Pollock & 185, p. 2968—were awarded to Dittmar & Co., and Rauscher, Co., price of par, a net interest cost of about 4.27%, as follows: Inc. v. Pierce & jointly, at Co., a & and C. F. WASHINGTON Ellensburg, Wash. to 1969 inclusive. 1958 Raffensperger, Hughes Cassell & Co., Inc.; Co.; $102,000 4s. Due on April 1 from Bond Sale—The to 1977 inclusive. 1974 Technological College (P. O. Lubbock), Tex. Texas Sale—The $4,480,000 dor¬ Bond bonds offered July 13 — v. 186, p. 160 — were sold to the Federal Housing and Home Finance Agency, at a price mitory revenue of par, $350,000 electric July 15 Offering—C. offered bonds awarded & Blyth to -Dated Aug. 1, 1957. Due on Callable on 1973 to 1960 from 1 Aug. 1, 1967. & Aug. inclusive. Principal City interest payable at the Treasurer's office.'. Legality and Co., proved by Weter, Roberts & elrrian, of Seattle. ap¬ Shef, Ephrata, Wash. Bond Offering—Dorothy Tyler, Tex. Bond were 2% and 2%s. as Stewart, P. L. Mc- City Clerk, will receive Kinnon, p.m. (PST) purchase of $50,000 general obligation im¬ for the purchase of $500,000 street provement bonds. Dated July 1, improvement bonds. Dated Aug. 1, 1957. Due on July 1 from 1959 to City Manager, will receive sealed bids until 9 a.m. (CST) on Aug. 2 1 from 1958 to Principal and in¬ 1957. Due on Aug. 1977 inclusive; (F-A) payable at the Chase Manhattan Bank, of New York terest City, or at the Citizens tional Bank of Tyler. sealed bids Aug. on Jericho rence, School after Callable 7 1972 inclusive. from date of issue. Principal (J-J) payable at the City Treasurer's office. Legality First Na¬ approved by Preston, Thorgrimson & Horowitz, of Seattle. Ephrata, Wash. Vermont Warrant Local Helen — 8 the and interest Town School District, Offering Bond until for 7 years VERMONT ♦ Law¬ Chairman of the Board of Directors, will receive bids until 8 p.m. (DST) on Sale — The $170,000 Improvement District No. 7 19—v. 185, warrants offered June 2723—were awarded to wick-Campbell Co., and p. Bond O. Sale—The $300,000 non¬ dormitory revenue bonds offered July 12—v. 186, p. 59—were sold to the Federal tax exempt Housing and Lewis County, Winhall Town School District, Vermont Bond Finance price of par. Home Agency, as 2%s, at a Offering sealed ceive — Ina L. Cole¬ Treasurer, Town man, SouthHugh- bids until will 2 re¬ p.m. No. 300 Onalaska Sch. Dtst. (P. O. Chehalis), Wash. Offering—Sealed bids will be received by the County Treas¬ urer until 8 p.m. (PST) on Aug. 5 for the purchase of $231,284 Bond July 26 for the pur¬ general obligation school building school construc¬ bonds. Dated July 1, 1957. Due on Dated July 1, 1957. July 1 from 1959 to 1977 inclusive. Due on July 1 from 1958 to 1977 inclusive. Principal and interest Callable after 5 years from date (DST) Wesleyan College (P. Athens), Tenn. Tennessee Minerals: Mineral Norfolk, Va. Bond Sale-—The Montpelier. $675,000 vari¬ 128 X manufactures- Tobacco 134 coal products— beverages, and and beverage Food Food - X and Petroleum Food, chemicals Spring Independent School District, par. banks, Inc., jointly, as 5s, at a Principal and inter¬ sealed est (J-J) payable at the Chase July 24 for the purchase of $153,- price of 100.0006. Manhattan Bank, of New York 000 school building bonds. Dated Grant County, Moses Lake School City. Legality approved by Cald¬ July 1, 1957. Due on July 1 frorr District No. 161 (P. O. Ephrata), well, Marshall, Trimble & Mit¬ 1958 to 1977 inclusive. Principal Washington and interest payable at the Montchell, of New York City. ' Bond Sale—The $130,000 build¬ Note The foregoing supple¬ pelier National Bank, Montpelier, or at the Merchants National ing bonds offered July 15—v. 186, ments the report in our issue of Bank of Boston. Legality ap¬ p. 160—were sold to the State, as July 15—v. 186, p. 267. proved by Peter Guiliani, of 4s, at par. publishing consumption Job printing and periodicals Chemicals and petroleum products and Printing Park¬ McCall, by approved hurst, & Crowe, of Dallas. Home and 2%s, at as <• 103 100 111 F. T. (CST) on July 23 for the purchase of $2,000,000 im¬ provement bonds. Dated July 8, 1957. Due on July 1 from 1958 to 1985 inclusive. Interest J-J. Legal¬ July 1, 1967. Manufactures: Nondurable Textiles 135 1 Riverfront-Willow St. improvement bonds. Dated July 1, obligation 111 116 Authority (P. O. Housing Agency, purchase of $500,000 general the 127 155 - receive sealed bids (EST) on July 30 for 125 141 lumber products and glass products products— and clay, btone, Mayor J. W. 110 ' Clay, until noon — 163 171 172 Instruments 170 will Dance 152 199 Offering Bond 167 152 124 _ Knoxville, Tenn. 140 175 168 136 134 136 175 151 — _ _ Transportation equipment - June 211 _ " Electrical May 208 ______ Nonelectrical 133 140 170 products 1 from 1958 to 1977 Principal and interest Aug. The Hanover City. Legality approved by Wood, King & Daw¬ son, of New York City. 1956 system revenue Antonio), Tex. on Aug. purchase of $500,000 school bonds. Dated Aug. 1, 1957. . V 130 _ _ metal •June June p.m.1'(EST) 7 sealed (F-A) payable at Bank, New York -Unadjusted1957- 1956 176 metals Metal fabricating Fabricated - May Manufactures: Durable Primary •- Moulton, the inclusive. • - Seasonally Adjusted 1957 until for 6 Due on PRODUCTION INDUSTRIAL Paris), Tenn. Bond Offering—D. W. bids Finance Inc., William P. Harper & Son Co., and Foster & Marshall. City Manager, will receive based~ on three-month moving averages, data for 37 Eastern States. Employment Federal the 52,000 4V2s. Due on April 1 from Kingsport, Tenn. 99 tl22 McClenny, Bond Offering—Chairman ity $600,000 non dormitory revenue bonds offered June 7 were sold to revenue — table Securities Corp. 96.1 Sale—The Bond tax-exempt Drought announces that the Board of Directors will receive sealed offered bonds 186, p. 59 gen¬ $415,000 school bonds offered July 16—v. 186, p. 59—were awarded to the Equi¬ 158.5 124 * "140 W. F. 93.0 160.9 _95 90 *125 indexes contract month, 114.4 94.1 97.5 sewer San Antonio River Bond Sale—The tl63.1 90 store NOTE—Construction 297 299 118.9 95.9 + 127 sales, value—_ Department store stocks, valuecentered X X ',*106.5 Vll4.3 - 120.3 .105.7 —.—A ; — carloadings $550,000 Henry County (P. O. 298 t t ... "" • Drparanent t X „ . ,, 248 * 11Hampton Institute (P. O. Hampton), Va. bonds. 224 95.4 1-————2:;"- Inc., 220 Brothers Harriman & Co. and Fidelity Bankers of Knoxville, jointly. 109 "228- % 113.4 _''% 106 108 wick; E. F. Hutton & Company; Reid & Co., Inc.; Brown 46,000 4V4S. Due on April 1 from 1970 to 1973 inclusive. to "224' •" +" 120.3 Employment,: total' _i— ! and Anthony Tucker, Fulton (CST) on Aug. purhase of $50,000 the for group were Robinson-Humphrey v., — Trust Co., 103 1 ' Freight improvement eral Co., X Nrnagricultural emp., total—— ■' Muliu.acturing (prod, workers Nondurable 130 144 220 ■ Durable 124 156 r no - - i . LIZ"'' „_ 131 124 131 " 120 "921 %• , j_.L other 133 140 * ,, •• Sale—The 130 133 u .128 132 108 Other consumer durables_Ur_ : Utility, output;,- total—+229, 1*230 Electricity 'All Elizabethton, Tenn. Bond u 129 v123 • 137 — * contracts, 131 ■""** 128 total—. * _ 131 ; — durable Construction Bank, June 145 .-i ' 160 _ Major, consumer durables Autos■■'"'liL'-LL ,J May ' _ ... _ _ Nondurable Consumer •June 141 143 145 — June 159 143 total production, Manufactures phis; 1956 1957 1956 May National Bank, of Mem¬ First v American National of Nashville; and Clark, Lanastreet & Kirkpatrick, Inc. —Unadjusted- Seasonally Adjusted 1, Aug. the Day; Anderson & Strud- bids until 5:15 p.m. Co., 1947-49 —1957 $1,000,000 July 16— 159—were awarded to a group composed of Equitable Se¬ curities Corporation, First National Board of Governors of the ; The offered bonds sewer v. "June — dated are City Secretary, will receive sealed 13 of Co.; First of Corporation; Kean, Co.; & & R. L. bids until 3 p.m. as ■ Taylor 1 Feb. on Big Springs, Texas San 530,000 41/2S. Due on Jan. 1 from 1968 to 1977 inclusive. school Due Bond Offering—C. R. 1967 inclusive. to 1960 bonds water basis a of members Michigan July 1 from $220,000 4s. Due on Jan. Feb. 1 from Crowe, of Dallas. net interest cost a on interest (F-A) payable at the Texas Bank & Trust Co., Dallas. Legality ap¬ proved by McCall, Parkhurst & Co., Boettcher & Co., Allison& Co., Inc., and Piper, Jaffray & Hop wood, at Exchange 100.159, C. J. Devine & are: 1957. Principal and Williams Co., Kalman (P. O. Geddes), District No. 94 Interest . $750,000 school of Other Feb. 1 from from 1987 to 1900 inclusive. & of DAKOTA Charles Mix County Indep. 4.40s. Due on Aug. 1 from as Bond Sale—The 4.30s. 310,000 of about 4.49%, as follows: negotiated sale by a .group, composed of G. H. Walker & Co., First of Michigan Corporation, and Tucker. Anthony, & R. L. 1972 Dakota price a 1969 to 1986 inclusive. building bonds offered June 25— v. 185, p. 2967—were awarded to a group composed of John Nuveen suc¬ Gibbs & Simons, -SOUTH via Day, the Independent School (P. O. Sturgis) South on 626,000 414 s. Due The Corn Bank, New York City, as 3.40s, at 1968 inclusive. 1958 to 5 a Chemical the about 3.38%. $189,000 4V2s. Due District No. 12 bidder. Legality approved Sinkler, by by after A. awarded to follows: were Meade County Orangeburg. y water works bonds was designated stitution- cessful and R. bonds offered 186, p. 160—were syndicate headed by 17—v. July Underwood & Co., Thornton & McMahon, as Texas, Auditor's office. (These originally offered on March 19 and the sale postponed.) bonds (F-A) payable at the above-men¬ Bank. Legality approved terest Callable com¬ $3,700,000 gen¬ improvement eral house group posed of Rauscher, Pierce & Co., Securities Corp. of County 4968.' Principal and 'interest payable at a banking in¬ 1, in¬ Principal and of building bonds. Dated Aug. 1, 1957. vDue on Aug. 1 from 1959 to 1930 inclusive. Callable as of Aug. Aug. 1 from 1958 to 1957. inclusive. on a Columbian from date of issue. Principal and interest (J-J) payable at the Trustees, Will receive sealed bids until noon (EST) on July 30 for the' purchase of $300,000 school until 1 p.m. Franklin St., Boston, will to Va. Bond Sale—The $1,125,- school tax sold was years R. Wells, Board the of Chairman unlimited bonds July 1 from 1958 to Due 1967 C. (P. O. Orangeburg), S. No. Sr E. Howard — 000 Dakota Auditor, 1957. Orangeburg County School District Barrington, R. I. Bond CAROLINA SOUTH ISLAND Bond Sale—An issue of receive sealed bids until 10 a.m. (CST) on July 29 for the purchase of $250,000 hospital bonds. Dated July, 1, ity. RHODE of Offering—Winifred Skoba, County - - Gerhard, 4V2s. as Day County (P. O. Webster), bids sealed receive Finance Will The Danville, Arlington Indep. Sch. DistTexas T. Plankinton, Offering—The Director of Note to designed persons. more H. to 20,000 Pawtucket, R. I. i the new projects are Included Geddes, as 4s. VIRGINIA TEXAS $20,000 to Security State Bank of of Dodge, & Palmer Thorndike, Boston. x pleted projects were 5 rural aqueducts now serving the needs Chronicle chase tion on of $47,000 bonds. payable at the Vermont-Peoples Le¬ National Bank of Brattleboro gality aorroved by Peter of Montpelier. Guiliani, of issue. (J-J) Principal payable at Treasurer's office. and interest the County 60 The Commercial and (372) general Bond Anjou, Que. obligation bonds offered June 17 —v. 185, p. 2723—were sold to the Bond Sale—An issue of $297,000 542% State, as 4s, at par. bonds sewer was 5*2% sold to a group composed of vinciale Du Canada; to a building bonds group composed Ruel & Co., Inc., 94.22. Dated June June 1 from 1958 5V2% school of 1, 1957. Due a 1957. Due to inclu¬ 1977 sive. Interest J-D. Due Interest Mount Bond J-J. of 92.06. sewer bonds was Bond Sale—An issue of $187,000 on July 1 5*2% waterworks, sewer and fire | clusive. Interest J-J. sealed (CDST) on Aug. 12 for the purchase of $518,600 Corporate Purpose bonds. Dated Sept. 1, 1957. Due on March 1 from 1958 to 1977 inclusive. Prin¬ bids until 2 p.m. (M-S; payable cipal and interest Elkhorn. of Bank State the at Legality approved by Chapman & Cutler, of Chicago. . Wis. $400,000 du Lac, Fond • Sale—The Bond cor¬ porate purpose bonds offered July 16—v. 186. p. 60—were awarded to a group composed of First National Bank of Chicago: Robert price of Milwaukee Company, and & Baird W. Co., at a 100.03, a net interest cost of about %, as follows: 3.23 $280,000 3%s. Due on July 1 from 1958 1972 Due on July 1 from 1974 inclusive. to 60,000 314s. 1975 inclusive. 1971 to 60,000 3.20s. to Due on July 1977 inclusive. 1 from Wis. Manitowoc, Bond Sale—The $1,000,000 porate July were awarded care... school bonds of¬ 185, p. 2968— purpose fered cor¬ 15—v. to a group com¬ cago; Chi¬ First Boston Corp.; William Blair & posed of Northern Trust Co., Blunt Co.; Ellis Sim¬ & Farwell, Chapman & Co., at a price of 100.01, a net interest cost of about 3.29%, as mons; and follows: 1 from on Aug. 1960 inclusive. $150,000 5s. Due 1958 to 850,000 3y4s. Due to 1961 1977 Aug. 1 from on Only you can dry inclusive.. the tears of Sheboygan, Wis. Bond porate 15—v. to at Sale—The $1,100,000 The purpose bonds offered July 186, p. 160—were awarded the First Boston price of 100.01, a cor¬ cost of about 3.23%, $220,000 4s. Due 1958 to to Aug. on 1967 stocks follows: as: Every $1 you give enables CARE to Aug. 1 from 1968 to 1977 inclusive. building bonds deliver big Food Crusade a package to a needy family overseas. Wis. offered ' . from on Watertown, .' . has from 1 Bond Sale—The $400,000 . of farm abundance inclusive. 550,000 314s. Due hunger Government given CARE precious Corporation, net interest on Aug. 1 inclusive. 1961 335,000 3s. Due 1962 a U.S. ... * And your name and school July address go 16 186. p. 60—were awarded to William Blair & Co. with each package, to sends —v. tell Waupaca, Wis. bonds offered 268—were July 16—v. 186, awarded to a p. are lbs. hungry children and their of food parents that you, and our country Bond Sale—The $500,000 school 22 their friends . . world's . to the hungry group composed of First National Bank of Chicago; Robert W. Baird & Co., and Milwaukee Company, at a price of 100.002, a net interest cost of about 3.67%, as follows: $300,000 3V2s. Due 1958 to 1969 200.000 3%s. 1970 to on Aug. 1 from i inclusive. Due on Aug. 1 from 1977 inclusive. Join the Storbeek. (CDST; chase tion Due District sealed re¬ p.m. | Enclosed find $ the pur¬ . to Clerk, until 1 will for k '• . Dated Aug. 1, m April 1 from 1958 to 1977 t i [ , • < ■ ! i NOVA SCOTIA Clare District, Debenture $185,000 Sale 5t/4% was — Crusade N. S. An issue of improvement sold to de¬ ' Wood, Gundy & Co., and Royal Bank of Canada, jointly,, at a price of •5.78. Due serially in 20 years. 4^?s^:o 426 . in I ' for Food my name, wherever Crusade packages most j J needed. your name | . 1 Food CANADA bentures delivered " .........4 i ww 1957 inclusive. T be J 660 First Ave., New York 16, N. Y. $350,000 general obliga¬ bonds. on Aug. on of bids (jiVHlli, 7:30 — ceive i J J Waupvn Joint School District, Wis. Bond Offering LaVerne C. 1 address ... ." ' I : . '• " I city zone 1 ! J I... ..... Income-Tax Deductible Contributions -- are I i 1 ' - Note: state.,.. sold to Co., Ltd., at a price July 1, 1957. Due from 3958 to 1982 in¬ Dated Hiram Price. — District Clerk, will receive to Royal, Que. A. E. Ames & Manseau, Que. sold Sale—An issue of $2,285,- 000 5 V2 % Interest F-A. was July 1 from 1958 to 1967 on inclusive. Aug. 1 from 1958 to on 1977 inclusive. bonds Credit-Anglo-Francais, Ltd., at a price of 90.12. Dated July 1, 1957. price of 93.52. Dated Aug. 1, on a was Garneau, Boulanger. Ltd., jointly, at Monday, July 22, 1957 protection $106,500 bonds | sold to J. E. Laflamme, Ltd., and price at building La Laflamme, Ltd.; and Grenier, J. E. Bond Sale—An issue of was of Corporation de Prets de Quebec; , Offering Sale—An issue of $93,000 ; school sold Banque ProFlorido MatWISCONSIN teau, McNeil, Mantha, Inc.: CreditElkhom (City), Geneva, Lafayette, Anglo Francais, Ltd.; and DuSugar Creek, Spring Prairie, Troy rocher, Rodrigue & Co., Ltd., at and LaGrange (Towns) Joint Com¬ J a price of 90.08. Dated July 1, mon School District No. 1 (P. O. 1957. Due on July 1 from 1958 to Elkhom), Wis. 1967 inclusive. Interest J-J. Bond Lac St. Charles, Que. Chambord, Que. QUEBEC Quincy, Wash. Bond Sale—The $14,500 Financial Chronicle... i I