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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

—

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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
•
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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%

*

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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

__

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Ltd

G%

13

•

I

Page-Hersey Tubes

Price Bros

"""•
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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

*

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& 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