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UNIVEftSf TV OF MICHIGAN ISSUE MONDAY 2*> 1955 JUL MSIKESJ UHINSTIMIM M and Reg. U. S. Pet. Office i Volume 182 New York Number 5449 General Corporation and RAILROAD PUBLIC UTILITY - INDUSTRIAL - INSURANCE - Circuit July on its of increase rate increase in supplier, estimated is cost the of about sufficient to offset Alabama Gas purchases from Montgomery Circuit Court has scheduled a case xor July 27.—V. 181, p. 2925. The the Stock and Bond Quotations & Profit befoie Federal Net 63,185,269 39,671,054 taxes 8,627,347 taxes— 4,622,600 inc. income Com. outstanding sbs. per ♦After 1,689,879 shr.__ $2.32 com. $1,891,671 1,689,360 $1.01 $ $ & of sold goods etc. Exchange..,. Stock Montreal —. ; Canadian Stock Exchange.; Toronto Toronto 271,756,140 & Exchange Stock .... Stock Exchange—Curb Section Over-the-Counter Markets 111,839,272 244.933,191 218,155,107 10,874,247 7,627,187 21,625.715 14,877,102 128,968,572 exp. and depletion.,. Daprec. 138,660,904 318,181,302 163,713,490 revs.: opcr. operating 38 Philadelphia-Baltimore Stock Exchange Pittsburgh Stock Exchange San Francisco Stock Exchange 1305. p. 36 Slock Exchange. Exchange.!.. Stock Midwest 1955J—6 Mos—1954 $ $ 1955—3 Mos.—1954 Period End. June 30— Cost $3.69 Los Angeles ... Exchange Exchange... Detroit Stock Corp.—Earnings Up— Allied Chemical & Dye Sales 1,689.879 181, requirements.—V. dividend preferred $6,415,653 Exchange. Stock Cincinnati 85,285,193 4,172,771 2,281,100 $828,221 1,689,360 $9.44 $4,004,747 profit ♦Earns, 116,842.495 1,834,521 13.812,853 1,006,300 7,397,200 15 27 31 36 36 36 (Bonds) Exchange Stock Stock Boston $ $ $ L. revenues Stock Exchange York New American 1955—6 Mos.—1954 1955—3 Mos.- -1954 $ Sales Stock Exchange,(Stocks) New York Bond Averages Dow Jones Stock and ... 39 39 39 49 41 42 45 45 35 inc. from opers. Gross 28,870,671 19,149,445 51,622,396 911,323 1,391,403 1,839,856 2,794,398 Profit from & misc. sale Reduction Total Int. The —V. This standing—its it 26,523,965 9,112,533 8,859,467 $1.41 $2.91 $2.56 share Tan posed offering would be iiled shortly Commission. Subject to stockholder set the for July on 13 ended months six high new a Foreign of reported Schramm Mr. had reached $17,708,247, He pointed out 1954. Allied than all grossed in Combined Condition Statement of by Louis Schramm, Jr., President. June exceeded the previous record, Reserve Schramm said, although no such improve¬ moving industry as a whole. that revenues for the six months ended June compared with $16,415,153 in the first half that the 1955 half year revenues were more of 1950. quarter figures for the industry are hot yet "a first-quarter report by the Interstate several large movers suffering revenue declines, with others making small gains, and we believe second quarter results will not be too different." Allied's gain in the first quarter was 5.6% over the like period last year. Rates Exchange Condition Federal Commerce Mr. was Commission The will Schramm the revenues Lines' biggest single week in Allied's history. would total more than $40,000,000. revenue was moving industry.—V. $38,398,000, 178, .p record a July 2 He predicted that 1955 week of June 26 through also reported that the for In 1954, Allied Van Allied and for the Allstaies Credit Corp., Reno, Nev.—Files With SEC— with the SEC covering 27,000 shares of 7% preferred stock (par $10) and 27,000 shares of common stock (par $1) to be offered in units of one share of each class of stock at $11 per unit through Senderman & Co., The corporation on 27 June addition The filed a letter of notification Reno, Nev. area J. by Dr. of more than to present its 10,000 square feet of manufacturing and facilities, was announced on July 19 A. Neumann, President of this corporation. The new addi¬ completed early this fall, will nearly double the existing when tion. facilities, plant The ■ corporation plastic resin converters using extrusion, injection and compres¬ sion molding, forming and fabricating. It services the chemical, food, electrical and metalworking industries with such items as selfsupporting. a wide The urban variety present as fume exhaust systems; fume scrub¬ tanks and vessels; non-breakable laboratory ware; and of shapes such as sheet, rod, tubing, and the like. tanks; non-corrosive non-toxic bers; processes situated on a IV2 acre site in sub¬ additional land is still available for another Agile facilities Cleveland, Ohio; building expansion set for are identitv. corporate its Express American the with Its Field operations Warehousing American Express subsidiary. Reed, President of American Express announced that Coffman has been named a Vice-President of American H. an Corp. Warehousing Field has Board, the retain will firm coordinated Warehouses, Banks Inc. Harve G. He will continue as President of Badgerow, formerly Banks' Chairman by American Express retained been in an advisory ' capacity. is Warehousing Field which by service a inventories of goods or products may be held on the owner's premises under 'the field warehousing organization. Producers, manufac¬ distributors may then use the goods as collateral for bank agricultural control turers is one of the leading manufacturing such 145. Chicago be Express of William H. Banks field warehousing - David research Warehousing Firm— July 14 announced purchase of of Chicago, the nation's oldest on Inc. Warehouses, Corp.—New Major Plant Addition— American Agile showed Express Co.—Buys company Corporation, Ralph T. continued, he 19511, in firm. 48 47 Clearings. of Bank original the American The Statement of Member Banks of Course The intends to make which Since 3-for-l Federal System the company still owns a majority interest in the American com¬ issuance of 400.000 shares of common stock American Enka's expansion has been financed entirely out of earnings. Its initial plant investment of about $10,000,000 has grown to more than $83,000,000. and Its rayon capacity has grown from 9,000,000 pounds to 116,000,000 pounds per year. The company operates two of the largest rayon manufacturing plants in the country—at Enka, N. C. and Lowland. Tenn. It has recently broadened Its operations to include the manufacture of nylon and contemplates additional expansion of its nylon facilities. The new rayon staple fiber plant, with an initial capacity of 50.000,000 pounds per year, will be built adjacent to the company's present facilities at Lowland. Tenn.—V. 181, p. 2458. "Although final second available," completion of the offering, pany. 48 Reserve with the Securities and Exchange offering the offering. ing Corp.) 48 Notices. 48 Banks that expected Following Investment News Cover Offerings 54 Declared and Payable.. 13 Redemption Calls and Sinking Fund record in the first half of 1955, debt or bank application to list its shares on the New York Stock Fxchange. This corporation was formed in 1928 by the Dutch rayon group now known as Algemene Kuntzidge Unie, N. V. (United Rayon Manufactur¬ State and City Bond last year, by 7.8#. Mr. ment was indicated for the set is this Miscellaneous Features Record— funded no approval and market conditions, will be made to stockholders some¬ time during the latter part of August. The regular quarterly dividend payable in September will apply to any additional shares issued under it General Corporation & Dividends Lines, Inc.—Volume Tops has stock—and of stockholders has been called for Aug. 9 to approve an increase in authorized common stock from 1,200,000 shares, without par value, to 1,600,000 shares, of $5 par value, to provide additional stock for the contemplated offering. Proceeds from the sale, together with other company funds, will be applied primarily to the construction of a new $21,000,000 rayon staple fiber plant. The offering will be underwritten by an (investment banking group headed by Harriman Ripley & Co., Inc. Mr.. Bassill said that a registration statement relating to the pro¬ of meeting special A 22,694,984 8,860.553 109. announced was 12,488.698 class only loans. 3,671,760 9,115,045 $1.62 for $11,000,000 to (split 17,990,330 outstg. corporation Volume 3,646,430 23,291,857 14,815,479 —. per 182, p. Allied! 1,794,213 9,098,682 approximately provide to financing proposed company's expansion program will take the form of an offering present common shareholders of rights to subscribe for additional common stock. The company now has 1,117,650 common shares out¬ the 44,357,074 1,823,215 13,143,300 income Earnings 53,462.252 23,379,593 29,781,994 taxes Avge. no. of shs. 2,838,745 2,838,745 bonds- on cxps. income Net Air stock — & Fed of iirst President. Industrial Stock Averages 35 SEC Index of Stock Prices 35 Transactions New York Stock Exchange 35 Transactions American Stock Exchange 35 38,723,931 inc. int. Corp.—Plans Stock Financing— public financing by this corporation since it was founded 27 years ago under the sponsorship of Dutch rayon interests was announced on July 20 in a letter to stockholders by John E. Bassill, National Quotation Divs., : a Enka American Page hearing on the merits Allegheny Ludlum Steel Corp.- -Earnings Rise— Feriod End. June 30— filed covering company The * of In This Issue Co. Natural Gas Southern Exchange Commission— and registration statement with the SEC on July 11, 1955, 100,000 shares of the no par common stock of American Bakeries to be offered under the Investment Plan for employees ol the company.—V. 181, p. b41. This just as which gas With Chicago, 111.—Registers Bakeries Co., American County Montgomery 8. This the Court Copy a MISCELLANEOUS - Securities (Ala.) has granted this corporation a writ of supersedeas which permits the company to put in effect under bond the rate increase of $1,200,000 annually for which its had filed but which was denied by the Alabama P. S. Commission The $1.15 Investment News Alabama Gas Corp.—Rate Increase— . Price 7, N. Y., Monday, July 25, 1955 of or financing the the without premises.—V. 178, moving of expense American Gilsonite Co.—To A site been near E. announced had F. the this by Build New Plant— vicinity company as of Grand Junction, Colo., has the loctaion of its proposed for the production of high octane Goodner, been in Fruita, processing plant inventories from their the 2297. p. acquired stated President, for the new that gasoline and coke. acres of land and that plans and 1,000 almost plant facilities 1958.—V. 181, p. 2689. ./ corpn. Midland Securities limited » CANADAService on members: The Investment Dealers' Association - all Securities Waiwyn, Fisher & Co. of Canada Canadian Government, Municipal Members: and require information or quotations on Canadian Industrial, Mining or Oil security, research and trading facilities are at When you any our your disposal. Consult US—ye can help you. Monthly Bulletin , ' The Midland Company Member: IWI Our The Toronto Stock Exchange Stock orders 25 ADELAIDE ST. W. Brant ford all Exchanges 44 Sudbury Brampton toronto, london, sault ste. marie, Private wire to montreal Eastman, Dillon & Co. New York City i KING STREET / with of Canadian financing request. WEST, TORONTO, 4-1131 Telephone: EMpire TORONTO. CANADA Sarnia I Monthly Review, dealing will he sent upon executed on Association of Canntta — Windsor Exchange Dealers Association of Canada various aspects Members: The Toronto Stock Exchange The Investment Dealers Hamilton Toronto Stock The Investment upon request. Ross, Knowles & Co. Ltd. Corporation Securities CANADA 2 The Commercial and Financial (310) " ' bids of had announced-its plans for laying a buried £0-mile pipeline from the proposed plant to its mine at Bonanza, Utah, vhere the unique hydrocarbon mineral, Gilsonite, is extracted .which will serve as the raw material for producing the coke and gasoline. The for the production of these two products million dollar research program^ for the More than §10,000,000 will be expended on^the completion scheduled in approximately 18 months. revolutionary process devised following a vast several 2t with expected that is Thus 150 The SEC owned * Foundry Co.—Nuclear Research & nuclear in in the "As ments, quantity result time first the for by Atomics AMP Inc., Railway Railway volume of production and manufacturing improve¬ able to efiect a reduction in the price of these General Walter Bedell Smith, Chairman of the Board said President of Atomics AMF "Our Inc. multi-unit production per¬ mits quick delivery. Prior to AMP entering the field, Master Slave Manipulators were custom-made on orders from governmental and industrial atomic research laboratories," he added. stockpiling of these manipulators is in accord with the com¬ plan to become the industrial "department store" for atomic Included equipment. energy handling devices and In control National Laboratory, duplicate human highly complex has "slave" a It motion. wrist hot-cell firm's the "shelf items" wrist that action allows operations practically to perform the operator relative ease and with complete safety. in Active the the development inception of and the is of one a of manufacture Manhattan of the major subcontractors companies nuclear of Engineer the Savannah on taking part equipment District, River in AMP the is the construction Institute in of research a Columbus, Ohio.—V. for reactor 182, The stock common be to cent) one 1C9. p. Ry.—Earnings— 13.353,862 7,859,696 64,746,962 51,523,852 5,959,851 2.907,173 23,759,170 22,335,845 G. Memorial Current assets, less reserves Investments and Mi.;c. assets Plant Radiator Standard & and the Fe's will flat 100 acquire Badger The and cars shops.—V. 181, 2,050 freight new 1.000 delivery for cars gondola;, 100 100 be 95-ton ore purchased 50 cars, will cars or; from air in in Sarua far stcck —V. Corp., With Vegas, Ncv.—Files Las : Co., St. Louis, Mo.—Files With SEC— July on 19,124 shares at $15 filed 6 of let^r a notification of stock common share, per $10) (par without with be to underwriting. the SEC offered to proceeds to be used to expand production facilities and/or repair of building equipment; increase inventories; and for working capital. are The This corporation announced G. m. b. H„ manufacturer man conditioning of The July on has commercial systems. and Rheinka/te that 12 purchased its leading Ger¬ refrigeration and air Industrial will be affiliate, German Rheinkalte, operated as division a of Ideal-Standard. Joseph A. purchase President made of American-Standard, said the that to supplement the operations of the corporation in the air conditioning market in Europe and the Near East and will mean the entrance of the corporation into the field of commercial and industrial refrigeration in those areas. Rheinkalte, it founded -in 1888, is located in Dusseldorf, from income The the to With This July to Securities corporation 15, be 1955, for shares at $10 statement its of $1 share, per with the SEC common par with $2 a on stock, share per organized was of purpose ■charter sale of members under Maryland law on March 28, 1955, its stockholders ar. opportunity to become offering legal new a reserve stock life insurance American Stores Co.—Current Period End. May 31— •Operating -Operating Federal 32.0. 4,582 revenues income and 156,987,295 137,757,494 4,475,000 18,052,000 8,762,745 1,623,833 4,744.980 2,653.459 charges— £EC 2,095,196 Dr365,521 26,156,733 13,516,484 133,331,868 109,621,108 209. «tock). July on $200,000 June 30, of 1965 They are to be proceeds The Rock those V. of 181, are to be 12 filed 12 10-year (with a letter of subordinate warrants to notification redeemable purchase class Net with Gross used Ended Service etc. it Mass., vibration for applications, electronic, known aviation, marine, stock and purchased Insco tor for its electro-mechanical work . the in instrument; development and controls. be its This 12, t; ce. used to 270,751,262 May 31— 1955 $36,641 taxesi & pay covering offering lor is filed of share, letter a of 27,195 $5,452 46 69 $6,764 $5,521 1,579 1,348 „_ deductions $5,185 of two of not to Llack The 10-cent —V. •_ per 182, p. common share Certain in it will at shares by Operating Operating a selling commission will receive options to share wittr'n a period share for each ten shares per included be Panther Eent for expenses & May revenues lease (end of period)—. 524 relating the to proceeds subject to are GIVING were properties $3,295,000 and $3,060,000.— were added be EFFECT to working PRESENT TO 31— _ & taxes revenues. of plant—. income.— income (net) Uranium has derived was organized under Income interest, etc. $3,649 $1.69 Five 8%. year Common money been who will Dutton at furnished transfer also $1 $15,000 to same will be share, per working as on capital up Jan. on of out certain granted from stockholders option an option such to to for run of amounts Triple purchase two offering offering 50,000. :hares price. In to each of above or an is the estimated lie exercised, purchase addition, the original will company 100,000 original offering; allot by these individuals subscribers of the and sharfes company approximately 22 individuals who contributed for t.tal Mi-. D. 32,400 The years. money for general corporate expenses prior to this consideration therefor the company has promised to issue for shares. subscribers public of its shares two if of the dollar each Thus, contributed, Dutton the Triple and this for at option of the company will have received a total of 621,480 shares in return an investment of approximately $125,000 and the transfer of for to mining property and D the to and, assuming the sale of all shares to be offered to the public, the general investing public will have contributed $450,000 for approximately 42% of the total stock company; oustandirg. The the of the public drill the various purpose explore and State of Utah if and. offering of leases and bodies ore stock is to provide the claims of funds size to in has company commercial should in su h drilling, to provide funds to commence The net proceeds are estimated at $373,500. be mining Blackstone Valley Gas & Electric Co.—To Issue Notes This company, subsidiary a received SEC notes banks and/oV to 30, with authorization 1956, in The stone's of outstanding Eastern to not $2,750,000 of purpose of issue to the to such short-term bank Associates, has unsecured promissory during the period ending time exceed of Utilities short-term EUA from time amounts maximum a time. $3,750,000 notes note indebtedness in and the outstanding financing to is pay for JAN. aggregate at to any 31, one Black- pay construction expenditures.—V. 1^2, p. 110. Bond Stores, Net sales Inc.—Earnings, Etc.— Coot of FOR SIX MONTHS ENDED 1955 ; — goods sold $49,300,257 and stores and general admin, 44,281,488 expenses Other income Total 320.489 _____—i income Federal $5,018,779 : income taxes $5,339,268 . income—estimated- an $li____ (par indebtedness borrowed 2,846,500 banks such lending to up $550,000 Lines of banks credit provide aggregate an borrowed currently for amount 900,523 shs. from the banks in and effect extension with credit of BUSINESS—The Jan. 6, 1954 as Factors Co., respectively. The New business of is company the $600,000. of York the York New a to successor partnerships Factors formed in organized and on, Beaumont 1951 and 1952, consists company principally of the making of chattel mortgages, real property loans to make the secured by accounts receivable, mortgages and merchandise inventories, and of the purchase of charge accounts and third party paper.—V. 181, p. 2690. retail of a "Had in 606 and "It prior Period End. June 25— 1955—4 Wks.—1954 —V. $4,292,294 181, p. 1955—25 Wks.—1954 $4,278,821 $23,065,135 $21,733,611 2793. Toms in 1954 continued operations before would be profits Net year. other ether income, taxes, deductions, be borne The $50,402,216 $40,555,153 36,646,582 30,919,009 SEC $13,755,634 $9,636,144 373,116 corporation covering offered for July on 270.00C 11 shares filed of letter a of stock common N. notification 10 120,864 102,754 $9,365,708 4,610.360 3,144,873 . . $8,893,022 preferred stocks with cents) to be $1 per share, without underwriting. The proceeds are to be acquire or lease plant, purchase equipment and inventory, and working capital. year, the half first decline of 7%. a $47,083,657, 637,169 $7,998,328 $5,583,666 on fiscal calendar a other deductions $5,937,334, and provision with $7,093,- compared after would providing for Federal income $3,035,067, compared with $3,- be the of calendar the of half first the During the with compared increase an 2.2%. calendar 1954, year same second half of $46,092,401, Therefore, the of while year, for the there but also an encouraging reversal sales a with of net sales were sales period same was compared net period in the prior 1954, the second half reflected not only prior year, in were 1953, decline in the same period normal seasonaL a the declining sales , FOR SALES JUNE —V. FIRST AND $6,521,754 181, p. SIX ! MONTHS 1955—Month—1954 Sales 1955—6 Mos.—1954 $6,748,069 $80,401,380 $78,727,020 27S8. Booth Fisheries Corp. Years Aviation Sales Corp. (& Wholly-Owned Six Months Ended March 31— Subs.)— 1955 1954 Costs (& Subs.)—Earnings Higher— Ended—. and and Provision Apr. 30,'55 expenses for May 1,'54 $39,556,068 Revenues $36,986,955 38,119,633 36,100,538 —. taxes income 736,300 430,945 $ ' Net sales, royalties and other operating Income 291.781,520 Profit before Fed. inc and excess profits taxes. 27,680,037 Prov. for Fed. inc. and excess profits taxes 14.715.331 315,792.739 28,181,840 ♦17,068.691 Net Net profit ♦Excess stock per 1_ share profits split in of tax March, common expired 1955. stock— j. Dec. 31, 12,964.706 .__ 1953. 11,113.149 $2.S4 {Adjusted {$2.45 for 2-for-l income ♦Earnings Capital ♦Book Earnings —Val18iep~2354 the $6,220,835 894,694 of at to Bendix $9,262,954 half issued. J.— 373,190 $13,382,518 difficult trend." River, (par is first in Period End. June 30— 1954 it the mind, however, that 1954 figures are based on a heretofore published certified statement for the first seven months of the year and on an estimated basis subject to fiscal yearend adjustment as to the remaining five months, whereas the 1953 figures are those as set forth in a certified statement previously in Corp., since the prior year. in should "During (A. S.) Beck Shoe Corp.—Current Sales Up Slightly— ending, year comparison pericd. company income the 0C2.C81 year, profits Federal for fiscal in nearly comparable to the second half of which is traditionally the more productive more profit the basis, change $1.48 stated: recently performance is year fiscal and volume recent complete former year President, the fiscal new taxes corporation Beaumont $2,492,768 __. Earnings per shr.re of common stcck outstanding the 1,900,000 1,000.000 shs. • includes otherwise. from company Outstanding $1,090,000 profit "Because $593,909 debentures Net Files With SEC— 1955 1 Income .Dividends law the s'le of stork of Triple D Uranium Corp., also or¬ by Mr. Dutton, which stock was contributed by him for raising funds for development of properties now held. In addition, the company intends to issue 101,407 shares of stock to Mr. Dutton, FINANCING borrowed— subordinated stock Such $1.38 $13,503,382 deductions . Net Delaware from Barney Ruben. $ Gross registration company ganized capital. Authorized for Sales $4,448 Light Co.—Earnings Increased— Operating Other the "for the purpose of engaging in the exploration of, acquisi¬ drilling and mining of uranium and vanadium properties." It outstanding 370,073 shares of common stock issued to the or¬ ganizer, John W. Dutton, President, of Oklahoma City, in exchange for mining claims or options to acquire mining claims. The com¬ improvement Ended operating in paid by the 1670. ♦Indebtedness used Net to also to are July on stock, share. The Porter, Stacy & pep receive $1 also are also expenses SEC common $1 amount. EARNINGS during the first six months of 1955 Beckjord, Manufacturing Months be to 1955, April 109, Arkansas Power 12 the with cent) one the par at basis efforts" underwiiter shares common these and $15,000 which for share. "best a on its speculation" a the option to be reduced by one years, sold; "as with statement shares of sa.e Texas, per 110,000 statement. registration a 500,000 made be Houston, cents 17 purchase announced on July 21 the purchase of the Gibsonburg (Ohio) and Buffalo (N. Y. > plants of Co. of Cleveland together with related dolomite CAPITALIZATION $4,173 '737 dividends Balance Earnings (par underwriting. The proceeds incident to mining operations. present PROCEEDS—The by $6,718 revenues (net) stock noti.ication stock common without expenses public to operations. 1954 $32,647 29,923 income ITeferred 301,716,722 Inc., Lewiston, Idaho—Files— 29 $37,301,581, compared wi h $40,104,948 for the Net 22,843,040 11,334 610 131,921,403 124,798,121 capital shares per fled company 1955, o-ifc.td management which consists of F. J. Collins, Rockwooa, Vice-President, and E. J. Evans, Secretary Kelley June on 15,000.COO two encountered i stork. W. spl:t)____ rights , They are dated July 1, 1955, and will mature July 1, 1960. The offering is not underwritten. the Co.—Earnings Higher- income— Interest Groton, corporation is offering publicly $1,000,000 of five8% subordinated debentures at 100% and accrued year the common by the company, without underwriting. to pay for expansion, etc., and used for revenues— expenses income of Co. Beaumont Factors Corp., N. Y.—Debentures Offered— The ♦ operating Other Insco debenture B offered Public Months Operating Operating of (Ohio), J. p. $43,900 Arizona at Operating working capital. .l and company Island under 2,237,455 4,000,000 • — this Eells stated Basic and reserves Salmon Uranium, to be as Refractories, Inc.—Purchases Plants— Kelley stock 1954 Black Panther Uranium Co., Oklahoma City, Okla.— Registers With Securities and Exchange Commission— Eells/jr.,/President, P. 2-for-l shs.; interest. corporation due its in difficulty that the Kelley Island properties and business were primarily in order to extend Basic Refractories activi¬ ties in dolomite products into the building industry where Kelley Island has long occupied an important position. The Kelley Island properties will be operated as a separate division Manufacturing Corp., Long Island City, N. Y. covering toond; the ' Basic on AMIC shock manufacturing H. —Files With SEC— The fi.id would on various problems involving measuring, indicating instruments, laboratory, produc¬ tion and process applications have been conducted by Insco. It is planned that Insco will continue operations as the Insco Com¬ pany division of Barry Controls Inc., at Groton, Mass.—V. 181, p. 1438. 8,326,016 l,7b8.943 income before corporation offered 19,333,000 operating p. acquqired industrial Basic's sales 3,549,000 taxes.. Net 182, has small a 1,754,206 4,000,000 4.568,608 — 23,775,877 159,346.536! 2. p. covering and Treasurer. 96,581,994 taxes— —V. is President; 104,015,817 operating after debentures income bidders development work recording, controlling and §> 19,345,995 -Other Net that . Mr, 22,001,659 expen.es rail-oad of claimed being obtained $ 28,093,337 cf and Bas'e common 1955—5 Mos.—1954 $ rarity It deposits, business, inventories, company name, patents and trade marks. Ho reported the consideration is $461,476 in cash and 46,148 shahres of Telegraph Co.—Earnings— $ elimination the 1955—13 Weeks—1954 1955—Monch—1954 the ICC. Special of & outstanding shares of $5 will replace this issue with Controls Inc.—Acquisition— packaging, White p. 2797. American Telephone 38.280 and announced 011 June 20 by Ervin Pietz, President, as the first in a diversification program. Barry Controls, which is engaged in the manufacture of mounts for / will $61,265,0.-6 $59,577,361 $156,651,757 $153,322,899 —V. 181, its stock was and Sales Up— 1955—5 Week;—1954 to issue company companies. Of the proceeds, 60% will be used to organize, own ■operate American Old Line Life Insurance Co.; and the balance toe invested in a fund for the acquisition of insurance stocks. Period End. July 2— Commission $4,000,000 a major step to-wit; American Old Line Life Insurance Co., organized under Texas law, and to seek capital gains and dividends through long-term appre¬ ciation in common 'stocks of bid line degal reserve life insurance "Sales redeem to preferred cited the corporation Insco selling, commission. or The company the 800,000 public on cash. Exchange Commission— registration a covering offered underwriting lor filed and shs. has realized $50,000 This ' reserves..— (1955 liabilities, Eig The pany plans company Barry the isters Commerce determining price levels for public distribution of the securities a d that better terms could be secured in a negotiated sale.—V. 182, p. 210. Germany, Republic Investors, Inc., DaUas, Tex.—Reg¬ Interstate in Ideal-Standard American the bidding requirements debentures. It currently employs approximately 350 people. G. in. b. H., with headquarters in Bonn, Germany, manufactures plumbing and heating equipment. It has approximately 1,800 employees.—V, 181, p. 2690. asked competitive cumulative application 21,968,582 110,232,613 . has debentures. company dividend The Grazier, was of has company exempt a profits taxes tion, Bangor & Aroostook RR.—Plans Debenture Issue— Corp.—Ger¬ excess _________________________________ 182, SEC of company 270,751,262 301,716.722 21,250,000 59,500.000 67,014.031 70,070 659 contingencies 2,266,922 Surplus Co., The 3,861,044 deprec.) on Baldor Electric stockholders 47,301.329 3,203,075 after 3 054 162 ._ items liabilities operating Capit'l are operations. covering and $ 3,251,340 45,571,738 ______— ____ current Sundry dump builders, outside constructed be Exchange Commission— corporation 1954 247,500,187 automobile-box 500 July 1 filed a letter of notification with the SEC covering 6,500,000 shares of common stock to be offered at par (one cent per share), through Weber Investment Co., Las Vegas, N°v. The net proceeds are to be used to pay expenses incident to mining Affiliate Expands— man Ideal-Standard (net deferred Income Total Total 2573. p. Uranium Securities and 31 218.725,1C9 . payable to banks— Account; and accrued payables Federal jpurley, President, announced on July 11. equipment will include "Damage Free" boxcar;, own and Sanitary Equipment and 1955 Equipment— 100 long flat carsGurley said 1,850 cars wi'l Mr, MARCH Notes 18, American and Prepaid and cars OF AS 5 Reserve new 300 car.;, 39.862,738 226,929.809 212.170.143 32.003.042 162.182.847 160,643,293 ____ company Fred The $ $ income.— oper. Order New This 48,191.207 31,837,345 j 1955—5 Mos.—1954 $ rail¬ from CONDITION 1955 the with was 209. p. (par 1955—Month—1954 expenses Atomic Battelle notification share through F. R. Chatfiel.1 & Co., Inc., net proceeds are to be used to pay for dr.lling revenue— oper, ry. 1956, Works project. Energy ■Commission's Industrial Participation Program. The company's atomic energy program includes work on reactor equipment, reactor systems, and radiation treatment machinery. Among its current activities group oper. rev, To other are mechanisms for reactor systems. Model No. 8 as developed by the Argonne The remote handling device, of per May 31— way operations Net a been have we •devices," It cents of letter a Atchison, Topeka & Santa Fe Period End. subsidiary. one two shares FINANCIAL Okla.— Total asset3 Net Manipulators, devices for handling radio-active ma¬ research, heretofore made-to-order, are now being Slave Master terials •produced Aince at 500.000 filed 6 $ American Machine The covering July on City, Exchange Commission— Springfield, Mass The equipment and used for working capital.—V. 182, Devices Now in Volume Production— pany's and (California). ■ and Ventures, Inc., Oklahoma corporation offered will be employed in the new plant. by Barber Oil Corp. and Standard persons jointly is company Co. Oil years. project, total Oil Files With Securities earlier company was The Arkansas contractor^ for the preparation specifications are now in the haiyis of Chronicle... Monday, July 25, * Based adjusted The (as at per stock value on for 15,000 April $700,135 ; of share and per of common 271,606 shares the 20% shares 30, stock stock of 1955) $455,472 $2.42 7,888,000 $26.30 $24.90 stock—— (226.338 shares outstanding April 30, dividend preferred to $1.51 8,231.000 common surplus share - distributed stock sold in 10,871 shares, an May 1946 have 1955, 1955). 2, been additional 378 reduced shares Number 5449 Volume 182 181, year for certificate fiscal the of provisions Fund" "Purchase the during purchased been having —V. The Commercial and Financial Chronicle ... the under retirement California Life Insurance incorporation. of Income, 2798. p. the history of 1954. Ltd. (England)—Stock Offering Bowater Paper Corp., * letters.—V. 181, Corp. North of 31, pany-is $37.33, $1,357,217, $2,611,397 to - in 108.2%, or 11,. 1953 while reported, according into entered has tion the to America income total for from fiscal the in assets the $1,- sales 8,220,157 21,678,337 $9,170,612 396,277 371,340 531,430 494,139 $4,507,53.;- $3,436,236 $3,702,042 $7,643,360 stockholders p. trusts The i be purchase returned the status firm with the .Shares authorized.—V. of lias and announced 1u0 than £8,000,000 Petroleum Ltd. Co., call Plans v plants, -separating construction a Co., part of ,lor 1951, to the material raw used in toy the The and the aklylate, been have with last & Webster Engineering International Corp. for sales — federal- excise income before taxes income Dividends 38,705,20.) 5,840,717 3,195,000 ————2— - ___ paid . — share—— share Working capital (at year-end Net worth (at year-end)—.— ; •Book value per common share (at April 30)— .Earnings common per Dividends high per common 1,211,545 $2.70 $0.80 34,427,759 29,207,340 $19.68 the at 4375,146 the of end 1955 fiscal year as fiscal 1955 Tne torgcTtoeen paid on —V. covering on share), without -capital assets. underwriting. The proceeds are to be added ' 1600 twenty-three for three h.p. 1000 use on will build 1,000 50-ton steel sheathed Steel Car National end Ltd.—Registers Offer with lor preferred for Ltd. at eacn July the rate lour snares qf* one share of Canadian . at June owned 30 3,878,608 Ranch shares company, of $20 a by Corp., par 1955—6 Mos.—1954 sale "as a speculation" July to be offer¬ of the stock; and a 70c per Caribou of Ranch near Boulder, Colo,, the company main club house on the premises with new Co.—Registers With SEC— of 505,000 Barnes W. the the 100,000 shares have been Issued and his wife, who propose to sell shares, (President) Another prompters,, for investment. proceeds of the financing $560,000 is to be used for con¬ additional facilities and $250,000 for final payment for the of purchase $30,000 balance Dana p™ SdbeA 2 President NOTE: Published twice a week 06131*1 Drapers'Gardensidcr ranch, other equipment horses, cattle Power & Light C — $55,692,001 $53,024,304 44,232,537 42,519,838 —r ; $11,567,029 $10,753,880 3,037,732 3,221,017 Dividends on preferred stock—— Balance p. 1075. . $8,529,297 $7,532,863 1,319,295 1,186,295 $7,210,002 1 income 181, $11,459,464 $10,504,466 107,565 249,414 __ — deductions. etc. Interest Endand 3s of bids were and instalment of not issue an certificates the July on received, viz.: 19 Salomon on a & Bros, bid of Hutzler Peabody & Co. bid 99.538 for 3V8S. offered at prices scaled to yield from 2.70% Kidder, are following box cars D-F in Company; Hutchinson equipment estimated new with Associated Co.—V. 7 * offering E. Pollock Wm. & cost $10,537,876: to loaders. the 182, R. are: Co., & -• Pre-sprich W. Inc.; Gregory & 50-ton 938 . Co.; & Freeman McMaster Sons; 211. p. Chrysler Corp.—Airtemp Air-Cooled Sales Double— 101% increase in the sale of Chrysler Airtemp air-cooled (water¬ less) air conditioners has been disclosed by J. F. Knoff, Vice-President in charge of sales. The increase covers sales figures for the first eight A duced of fiscal 1955, conditioners to compared as for residential the • Knoff oil and also furnace ' ' C. I. T. announced sales were that for the 27.7% up ' ■ V. has period same 182, The Airtemp gas 211. p. y sold The ers. pro¬ ■ < ' ' ' ' " Financial Corp.—Obtains $50,000,000 ' $50,000,000 transaction on 8-Year July 20 that on eight-year 314 % promissory a group of institutional lend¬ arranged through Salomon of notes, due July 15, 1963, to Brothers are use half horsepower a 3%% Notes—This corporation announced it 1954. for period same commercial and by Airtemp in two, three, five and seven and was & Hutzler. will proceeds be business current used to short-term refund needs.—V. 182, obligations and to 2. p. Citizens Telephone Co. of Missouri—To Issue Notes—• Missouri issue be to up used to Commission S. P. $275,000 of retire 4% has this company permission 20 years. The proceeds for construction. granted notes, financial in due obligations and (Victor V.) Clad Co., Philadelphia, Pa.—Stock at $2.50 The New of price pany proposes York, these N. the to shares 120,000 sell Y., publicly is columns).—V. 182, of common through each $2.50 stock, $2 as the com¬ Co., Inc., which Herrick Barrett (not & previously reported in 110. p. Clary Corp.—Sales Expected to Rise 20%— This corporation's business higher than last year, 20% V. 181, sales machine Hugh L. for Clary, 1955 will President, be at least predicted.— 2470. p. Cochrane Corp., Philadelphia, Pa.—New Product— Cochrane The this by Hydromatic corporation, is equipment steps of operation The design individual tightness hard and water or on Control ion provide to includes valves non-scoring. This it was number a with faced soft feature and built announced of which June on internal rubber 30. diaphrag.a insures drop- the possibility of treated water.—V. 181. eliminates contaminating regenerant designed Valve, exchange water softener and control of the various accurate during regeneration, Hydromatic operated Single used demineralizer the 1875. p. Colgate-Palmolive Co.—Changes in Personnel— William July $6,346,568 . Lee 14 Sims, by E. H. II, been elected has President it was Little also announced President and will succeed that Mr. Ralph A. Hart has been elected Viceas President of Colgate-Palmolive* Sims International. Sims Mr. 1945 director —V. 180, in has been Vice-President and Executive 1946 and p. a in charge Vice-President member of the of since executive foreign 1952. He for foreign subscriptions an operations became a in 1953. committee 2081. Collins Radio Co. — Stock Offering Completed—The 141,265 shares of class B common stock (par $1), which recently offered publicly at $21.50 per share by were and White, Weld & Co., were See details in V. 182, p. 211. Kidder, Peabody & Co. quickly sold. (general news and advertising issue) rtth a statistical issue on Monday). Other offices: 135 S. La Salle Street, Chicago 3. Edwards & Smith. Copyright 1955 by William B. Dana Company. Reentered as second class matter February 25, 1942, Subscriptions In United Slates. announced Little, Chairman, who will remain Chief Executive c/o of the fluctuations In the rate of exchange, remittance 110. p. , U. 8. Possessions, Territories and Members of Pan-American Union, per On account first award won the since -V. 182, Officer. 1954 1955 : operating revenues Income (net) Net com¬ incurred* in according to maturity,> Issuance of the certificates is sub¬ the authorization of the Interstate Commerce Commission. entire issue of $8,400,000 of certificates is to be secured by Mr. [every Thursday E Co.—Earnings Rise— Months E'nded May 31— Other the to loans bank furnishings. and construction and improvements, and miscellaneuos expenses. Operating revenues—.. Operating expenses & taxes K« year. OtherT S"de? the Act^f year. 3," 1879. S: N. Countries, $55.00 per iSrch $51.00 office Canada, 3.10% is slated for road for is Carolina Net lines.—V. the is other for certificates The to on 12 reduce of struction the initially added be to 1955, for the purpose of acquiring the assets of Caribou the projected development program, and there¬ offering the of used accomplishing George Of will sale then distribution This Two ject to proposes shares contemporaneously with the public offering by the company. An additional 6,250 shares were issued to Malcolm Crawford, Telephone Co.—To Sell Stock— 2. the and group 99.087 facilities for 125 (in addition to present accomodations for 40 persons), together other facilities. Registrant was organized under Colorado law Of to Services Inc. The proceeds will be used in connection with the company's $4,630,000 expansion program in the next three years.—V. 179, p. 1477. XiiinhniL bid on par common stock, at $4 per share. The shares of its $1 dividuals. Diversified v^lliam The 99.134. With Colo.—Registers Denver, engaging in the resort operation and continuing the cattlel busi-, r.ess and the operation of its commercial Peat Bog. Building sites for summer homes will also be made available for purchase by in¬ subsidiary of California Electric Power Co., has the California P. S. Commission to sell 50,000 cumulative preferred stock at par to Investors in a sell to is plan Exchange Commission— Gross'income authorized the 182, p. shares 50,000 California Interstate complete, added.—V. exceeding $8,400,000. Mr. on bank This said President, Wyman, not he certificates, maturing annually Aug. 1, 1956 to 1970, The public a this from funds and with each covering 505,000 lor Ranch, the company intends to sell $6,000,000 conditions remain favorable. Proceeds 'thereof would be used to discharge the remaining short-term bank loans. Any remaining balance of proceeds would be used for the •company's construction program, involving estimated expenditures of $10,500,000 in 1955 and $14,000,000 in 1956—V. 182, p. 110. toeen proceeds inclusive. serve Petrofina | on June 24, Shortly after the stock sale, bonds if market and other While sizes. Exchange Commission— Co., Gas & preferred purcnase 20%< guests proceeds will be used to discharge part of the company's shortloans, which presently total $9,000,000. The borrowed Tunds have been applied as interim financing of property additions »nd improvements. '•of net months Exchange Net term F. W. year, this fall, & Ohio Ry.—Equipment Trust Certifi¬ Offered—Halsey, Stuart & Co. Inc. and associates July 20 offered $3,600,000 of 3% serial equipment box and 200 cars corporattion filed a registration statement with the SEC to erect on July 15 filed a registration statement covering shares of its $1 par common stock, to be offered for public competitive bidding. the Chesapeake 19. securities, inc., which has agreed share commission is to be paid for the offering. The underwriters are to receive options to purchase up to 20,000 shares of stock within five years at $5 per share. company at of stock cates & switchers for ing is to be maae by Mountain states one This Common Chance Co., Centralia, Mo.—Stock Offered—A 1,434,123 snares of its participating preferred shares covering 1955, ofrered $8,421,868 $49,769,526 $44,611,941 $9,497,227 Sell to acquisition in July, 1955, of all of the outstanding stock of Seyler Manufacturing Co., a Pennsylvania corporation. The company manufactures and sells a line of equipment for electric Utility companies, including, In addition to anchors, pole line hardware, hot line tools and grounding equipment, switchgear, conductor hardware and protective devices, such as fuses and cutouts, for the protection of 181, p. 1201. The 15, 181, P. 2798. California Electric Power ... orders Foundry Co. Ltd., 500 50-ton box Petrofina, Caribou Subs.)—June Sales Higher— 1955—Month—1954 Period Ended June 30— gales 230,000 The after Butler Brothers (& sale for Ltd. Co. drop Securities and to Plans Co. stockholders. to common pany's general will with the par ($25 211. p. underwriters, headed by Stifel, Nicolaus & Co., Inc., on July 20 publicly offered 50,000 shares of common stock (par $5) at $18 per share. to Inc., Mobridge, S. D.—Files June 30 filed a-letter of notification 1,600 shares of common stock to be offered at corporation ,per —V. received corporation filed a registration statement with the SEC Owner The remainder (A. B.) (80.6%) of Calvan Consolidated stock; 823,556 shares (11.8%) of Western Lease¬ holds stock; and 2,299,180 shares (65.7%) of Leasehold Securities stock. the tenth Power company. July on Car side Canadian consecutive year that dividends the company's stock.—V. 180, p. 154. was Bullion Butte Mining Co., ."SEC the thirty-two 1200 h.p. switcchers and thereof). to year 182, group of trust 10 shares of Western Leaseholds stock for each 10 shares of Leaseho.d Securities stock (or any combination or months earlier. 1655.—V. Fall- letter recent on 6,319,045 against $29,207,340 period ended June 30, under are the for total 3,430,000 1955, book value per share was equal to $21.34, having $1.66 during the year. Net worth stood at a record $30,- $0.97 way to finance $4,500,000 of short-term bank bor¬ rowings together with part of the company's outside cash requirements year. this of 1000 h.p. road switcners. Securities and 1955, Petrofina April 30, Increased 12 call for a end of Cajvan Consolidated capital stock. In addition, the company is offering to exchange 1.163,— 180 of its preferred shares for common shares of capital stock of Western Leaseholds Ltd. or for common shares of capital stock of Leasehold Securities Ltd. at the rate of three shares of Canadian $2,889,045 1,177,912 $2.46 $0.80 34,492,737 30,675,146 $21.34 ——— period)„_ 1,950 new freight units have been placed by this company, Consolidated Oil 40,388,441 $2,645,717 taxe.s__ —— Plans (lion-cumulative), $10 par. Of these shares, 270,943 spates are to be .offered in exchange for shares of the $1 par,capital stock of Calvan 1955 1954 $70,780,854 $73,570,139 taxes Income Income On the to locomotives. orders has of Lines Petronna Fiscal Year Ended April 30— $1.02 of (end share Maine • 2926. Net in Works Canadian Car and This 15, Brown-Forman Distillers Corp.—Earnings Lower.Net by approximately $25,000,000. botn passenger and freight services, will build road Locomotive Eastern With two * p. months' Air-cooled which is used placed 12 The Canadian Corp. . for the major Kellogg the butadiene plant. are scheduled to be commissioned at various times be¬ quarter of 1955 and the first half of 1957.—V. 181, units new tween detergent expansion the for companies—Stone 'extensions of production contracts main S. railway the gondola cars, and the Corp.,. Ltd. 250 50-ton box cars.—V. 181 ,p. 2469. industry in the manufacture of synthetic detergents. soap The the for 3,839,389 2,817,175 2,259,642 3,346,120 outstanding common Stock This ' at California I 11 %V. V. amounts used be Diesel, h.p. announced 70-ton rubber and other plastics. In addition, a new unit will be nearby Grange Chemicals, Ltd. (owned by British Petroleum Chemicals and Oronlte Chemicals, a subsidiary of Standard Oil Co. .•of S. was cars: synthetic the begun plans to step up efficiency and strengthen position. Since 1951 the railway has purchased neaily use in through freight services, yaid operations ana Products, U. The gas new unit for the the manufacture of 2,664,016 __ snares per 1954 1955 4,614,926 power the C.N.R. 1750 Orders for it 'iknd to orders road units and fifty Alco < $22,400,0001 cracking the will Motors Montreal * erected Income Earned transmission Equipment— switchers. h.p. Ltd. additional of Rvs.—Orders New in keeping with its policy of' changing over to traffic density and immediate savings justny the capital expenditures involved. Canad.an Locomotive Co. has received orders for twenty 1200 h.p. alcohol plant, and a synthetic a butadiene, of extraction Distillers The and the for $1.07 delivered diesels foity-five in $2,658,802 $1.14 placed with Canadian Locomotive Co., General Motors of uicseis GrangeBritisn operations began which more spend to $3,081,473 $0.46 passenger runs, diesel power where road Ltd., Chemicals, $1,154,180 on 1,018,834 par used be to $24,472,978 $22,398,855 ' revenues Operating income after Federal taxes connection 14 announced orders for diesel motive of the five year dioselization program portion be competitive its 181, p. 2798. plans 1^78,001 $J.53 July on to new are 905,073 $1,475,198 share value units total The «xpand and diversify its output of petro-chemical products at mouth, Scotland. The company is owned jointly by The 84,697 '■ General Petroleum 2,531,000 Montreal Locomotive Works and Alco Products, 173 The British Petroleum Co., Ltd.—Affiliate to Expand— British 2,614,000 National 1955 the The orders now $3,130,411 and the 148,073 shares will authorized and unissued stock. That shares outstanding of 2.000,000 involves price to leave would 1,548,485 9ol,000 1951. h; for purchase 2,895,600 , — com. company meet 932,968 763,961 1671. Canadian Mr. and Mrs. W, O. Briggs, and created by W. O. Briggs during late 181, 537,095 1,042,000 taxes — per —V. of 148.073 shares of capital stock from the estates of from James C. Briggs and his lifetime. company $he jive income Earnings Corp., the plan calling approved 27 June on income for Net 440,405 1,465,269 , depreciation— Minority interest 1046. p. — deductiuns for Prov. • — Total income of toy the income trov. Briggs Manufacturing Co.—Buys Back Stock— The Total $7,149,221 The 179, be offered at 17,095,760 $3,064,896 Other Co.—Merger Approved— notification to are the ($1 for with of proceeds The Central Hudson Gas & Electric Corp.—Earnings Up— additional 10,718,251 to below.—V. 24,172,477 '26,090,161 $4,111,262 2458. Corp. 11,380,984 $36,93.9,110 $48,417,458 expenses- Other digesters, grinders and auziliary equipment and to enlarge .power and steam generating facilities. It is expected that the comLpletion of the expansion program will increase the rated capacity trf the mills on an annual basis to about 275,000 tons of newsprint.—• Roller Bearing 12,078,475 sold— underwriting. 12 Months Ended June 30— Central 22,153,232 34,834,056 11,054,664 $22,666,037 without C.—Files With SEC letter stock a common working capital. 1955—6 Mos.—1954 17,906,264 filled 7 Rise— Operation inc. taxes— These Federal-Mogul Ltd.—Earnings July on After interest and income reservation; and before preferred dividend requirements of $621,389 in the earlier 12 months' period and $337,885 1201. and — and general together with other funds provided from wiihin The Bowater organi¬ will be used ' to add a third newsprint machine with the Bower 181, p. $26,907,988 taxes Cost Of goods necessary p. below.—V. Selling, uelivery, admin. sation, See share), Net report. 1955—3 Mos—1954 Balance operation in 181, corporation covering 22,500 shares of ended year same .$44,814,252 $33,720,701 $.1,773,166 $70,570,690 excise government mills were substantially completed and came micl-1954. The mills are presently operating at an anpuai rate of approximately 160,000 tons of newsprint and in addi¬ tion about 65,000 tons cf semi-bleached kralt pulp. The new money, 1/. sales Net the company sold $37,500,000 ol' 4%% s:nking fund first .mortgage bonds, series A and $7,500,000 of 4,/i% notes to finance the construction of newsprint and kraft sulphate pulp mills near Calhoun,. Tenn. Breweries Period End. April 30— 1952, into SEC in Canadian twelve U. S. to $15,000,000 of with agreements companies for the sale of up insurance See Canadian Petrofina Ltd. ,414% sinking fund first mortgage bonds, series B, due May 1, 1976. The financing was arranged through Mor¬ gan Stanley & Co. Bowaters Southern has also entered into a credit agreement with a group of four banks headed by J. P. Morgan & Co Incorporated for the issu¬ ance of up to $5,000,000 of its 3!4% notes due Jan. 1, 1958 to Jan. 1, 1962, inclusive. In The per Calvan Consolidated Oil & Gas Co., Ltd.- -Exch. Offer Paper Corpora- Ltd. announces that Bowaters Southern * 31, period rose 53.9% from $1,737,668 to $2,675,465, an increase of $937,797. Surplus increased $93,205. up 17.7%, from $524,083 at the close of the 1953 fiscal year to $517,289 for the similar period in 1j54. Ine surpms ior each $1,000 of life insurance in lorce with the com¬ Corp.—Completes Financing Bowater Arrangements—The . Dec. ended year in Common Bowaters Southern Paper , of level ' , as of Dec. 1954 was Carolina Fund, Inc., Columbia, S. highest the 2926. p. ■ increase An Dec. poration at 70s ($9.80) per share has been fully sub¬ scribed. Approximately 91V2% of the shares were accepted under the provisional allotment , 25^,179 Completed—Announcement was made on July 19 that the issue of 2,400,000 ordinary shares of £ 1 par by this cor¬ Co.—Income Rises— surplus and reserves reached this company during the fiscal assets, d advertisements must be made In New York funds. IMnoto at tha *48.00 per year; fa Dominion b« 4 (312) CAPITALIZATION Loss— Colt's Manufacturing Co.—Reports - The Commercial and Financial Chronicle.. .Monday, July "• GIVING EFFECT TO FINANCING PRESENT Total costs — 2,780,051 —- — First mortgage bonds stock, cumulative, par value (authorized) <,501,049 Net operating income Total -— before Federal for income $578,963 15,874 "$183,C58 Cr95,502 taxes.- Federal taxes income Provision ———"1108,532 ———1— 14,874 income- — Net income Earnings ; 1 "$0.22 $0.73 backlog of compared Columbia Broadcasting System, Inc.—Converts 19. July - CBS-Columbia television, Manufacturing reported on its of radio and electronic apparatus man¬ and government industrial electronics manufacturing, Mr. Hartman said. represents another step in CBS-Columbia's continuing expansion and diversification In the television-radio and move program of receiver, and industrial electronics fields.—V. 181, 2239. p. The company July on filed 5 letter a of notification ($100 par Wichita, —V. share), per Kan. 177, The The for be to are for used July on Inc., & filed 6 Washington, expansion, C. D. letter a 6% E. Drexel Co._ Si of Reid 3,50o 3,750 Goodbody & Co.---. j.-— Harriman Ripley Si Co., The Weeks______ E. Hutton Lehman R. S. Kansas, Inc., Stone 5,000 Crouse .. • the with corporation 14, July July proceeds .'There 5,000 of headed Kidder, by Peabody the 500 Si be used to proceeds Consolidated Cigar Corp.—Debentures Sold—The $15,000,000 of 41/4% sinking fund debentures due June 1, 1975, which were publicly offered through Eastman, Dillon & Co. and associates on July 14 at 100% and ac¬ crued interest, have all been sold and the books closed. such, as ' Co. are be added available be to for the of balance the for facilities. ating with improvements, Authorized respect to mill has under and Container and paperboard this but but The to with the SEC— the SEC rate, funds by of cost See might also V. in to capital to oper¬ appropriations $7,500,000. of a to proceed large puip neigborhood of $30;- the been made John L. S. Freightways, Inc.—New President— Snead, Jr. has been who becomes Chairman James, Snead Mr. 1949.—V. has 181, been named of the President SEC Executive Vice-President since 2470. p. The Leland succeed to Board. Consolidated's U308 Continental corporation to share, per pay 181, without underwriting. to mining The notification to proceeds with offered be Consolidated York New Natural holding Gas Co.—Bank it company, July on 20, Period End. May 31— has radius, H. plant joined with three of its subsidiaries in the filing of an application with the SEC with respect to borrowings b' each; and the Commission has given interested persons until Aug. 8, 1955, to request a hearing thereon. According to the application, Coimoluated propose|s to make borrow¬ ings from in one amounts will issue or not promissory notes with interest increases in V. 7. 182, p. plant construction budgets for and See Deep other reasons.— Cutter writing group managed by Morgan Stanley & Co. placed on the market on July 21 a new issue of 100,000 shares of $4.16 cumulative preferred stock (without par value) at $101 per share and accrued dividends from July 1, 1955, to yield approximately 4.12%. prior to to preferred July July 1, 1, 1960, 1965 at Co. share $103.25 is the shares held scribe will ©f basis record $105.25 per share thereafter but on or government one shares at $45.25 share for each 20 new 1955. (EDT) p.m. Aug. 5, 1955. offering to its full-time employees (including officers) the privilege of subscribing under the Employee Stock Option Plan for not more than 100 out of the derwriting syndicate stock, at $45.25 per share, portion of the 373,689 shares The members of the un¬ Kuhn, Loeb & Co.; Ladenburg, Thalmann & Co.; Allen & Co.; Blair & Co. Incorporated; are: and Salomon Bros. & Hutzler. The investment Ladenburg, 11.71 cents chase of stock not banking Thalmann for made the on the contract due sales to sales last of Gamma which year, of offer to compensation the 373-,689 the Globulin for shares company's company's net the for share earnings, same all on LV outstanding.—V. W. the of pur¬ common of received other groups as Bros., follows: $49,476.42; Boston Corp. and ferred from and Ripley from & Co., $59,567.00; Lehman Inc. and The First & Co. representatives D and V The SEC after period taxes, and $73,000 are (Limited 181, p. the concurrent sale sale of the of additional 100,000 shares of common new the firm does not after will be used by the company for the acquisition of prop¬ construction, completion, extension or improvement of facili¬ ties, or for the improvement or maintenance of service, or to reimburse the company's treasury for expenditures made for such purposes. The company's $78,800,000 in capital expenditures for following similar expenditures of the generation, communities and townships. than and and, EARNINGS For the of The including sale of of the company incident to its cooperates revenues and Population 3,400.000. munities purchase, distribution townships, distribution with For the year $169,990,000 and 12 months ended V stock 1954. share, and 282 in the pur¬ communities territory also and dealers 1954, net served supplies the and July on filled 7 of letter a of stock common notification to be offered of 1955 Net estimated heat in at more five com¬ had total operating $26,552,000. the company's inccme before with total operat¬ on been awarded Share filed the is the service 12ta is additional an Glaco scientific a contract for Co.—Hearing Sept. 14 — Public that application an it with the SEC pursuant to Utility Holding Company Act of 1^35 for is from exempt all provisions of that Act to that assure Bond Share and directly, any bargaining Share and such between Ebasco companies.—V. and these companies or 182, p. 111. 13 amendment changing the on —V. 132, to the the name York New (& Subs.)—Earnings Higher— May 28, "55 May 29, '54 sales and taxes base income provision to method stock Stock per certificate of this of Balance incorporation to company new filed was Crescent Exchange under the Months Ended 30— June to — give eilect method of the to normal Net earnings $1,489,143 share___ from Federal therefor before taxes taxes the Higher 1955 1954 / 2.006,000 1,757,000 (est.) 1,053,000 earnings after figures do not credit because of Internal taxes take taken the into account 1954 which in retroactive Revenue repeal for will last Giordano, units President, under sold either in 1954 also second —V. half 181, the of p. and year that the have month be to Section of in reversed six-month 462 period company's expected are the activities continue at a to of to the company June 30 filled on to pay shares share), per July on L. of without incident expenses were during high a well Oil and letter of notification stock common the block of The of 3,200 well gravity oil announced Gulf acres flowed in at will oil Gulf-Devon Alberta, Canada. and to with the Kelly announced the sale in The mately be one he explained, from arise to on clarify "to reports news which merger has asked bidding the total, $1,100,000 fund notes, while sinking The proceeds barges,-the in June to extend any these misunder- connection recently was the Interstate requirements will will be the balance fund the with anircunced." Commission Commerce the on of sale be used to said. will be also first 5% preferred $1 900,000 will ship mortgage first 4V2 % be preferred notes. corporation notes Federal-Mogul which the have Devon an of Co., No. well the company, with completed a discovery in the South Stony 1, was Lsduc 405 that had Lcd.uc The rate excess completed on has a barrels allowable on July of 432,000 14 of 33% for 100 unitized a The at help for pay Some towboat a $600,000 of and 12 cargo outstanding presently refinanced. 8AU0B of 640 oipua acres. qjnw below. - shareholders hours per companies. of Aerial seajB of concluded uranium to this radiometric Aubui pa-jeofput surveys aABq of May 900.000 shares of is than 20 of 88% Approved— and Bower approved the of both to subject the of 11, two 1955. shares companies Under had terms approved the of that lormal the action will agreement being taken at become the meeting to be held on July 27, and ing Co. board of directors meeting to be held S. Peppiatt, said President and that Bower Chief will be Executive operated Gray The of the Muzzy, combined combined number of new company. The Chairman formerly Federal-Mogul's net number of worth of the shareholders employees approximately two is board of pro¬ holders July 29, the merged the ox structure. new 3. Vice-Chairman the Board will A. of be chairman. 7,000 6,000.—V. of division companies about effective Ofiicer a as the H. t'ue the company Board merger Federal-Mogul board of Bower Roiling Bear¬ on July 28. directors company, the agreement, outstanding Bower stock will receive 1,000,000 Federal-Mogul-Bower Bearings, Inc., stock. area iqjadoad was of area the Bearing Co. to merge the companies the and will retain its basic organizational Strickland, former President of Bower, will become cor¬ Roller proposal a stock merger. included expected 38 arrangements lands the of directors on the G. that he had acres favor corporation July on More proposal The posal It cf day. this of meetings separate in Corp.—Merger merging of the Bower company into Federal-Mogul Corp., and the changing ol the latter s name to ^- ederalMogul-Bower Bearings, Inc. interest. 24 barrels Laguna-Grants section of the Colorado Plateau. is divided in to 690 permits, each containing approxi¬ section Corp. Federal-Mogul two the acreage •saiimuouB made," competitive five-year par to are poration. He said that the properties were checkerboarded over an covering 21,900 square miles in northwestern New Mexico. This as continues Barge Lines, Inc.—To Issue Notes— sinking ship mortgage SEC at offered be Acquires Uranium Properties— Sol going now are air condi¬ ir.a^ucactured been level. (Canada)—New Discovery— President, Canadian Royalite-Canadian area have which RCA Co., Midvale, Utah—Files— underwriting. The proceeds to mining operations. Leduc Oils Ltd. Wheel'ock, Royalite for that confirmed 19 trademark RCA mortgage notes. The Devon is might corporation voted R. 181, Federal-Mogul-Bower Bearings, Inc.—Merger— 30,000,000 cent used rates.—V. current that date. Whirlpool-Seeger p. 212. waive of 2012, Desert Treasurer Uranium The which Federal Ol incoming orders for year, beyond statement 182, non¬ Code. that last of —V. by 25%. stated ahead "This proposed The the year S. Keir, President, stated that incoming orders for June were highest of any June in the company's history, exceeding the same He arrangements $845,000 John 6% at approximate 912,000 $953,000 (est.) deducting Fedders-Quigan Corp.—Contract With RCA— Salvatore tioner stanoing $15,686,000 (est.),, after thereon income on $0.98 — provision taxes $345,799 $1.66 — common per 860. July Dealings began July 14. $15,911,000 recurring tax 1955 $343,149 Crl02,650 base inventory Corp. name l. Sales These 1,030,000 $1,183,740 Cr305,403 — amount Earnings p. Dennison Manufacturing Co. (& Subs.)—Earns. Net 1,873,149 1,375,000 inventory — Fedders-Quigan under contract 30, 1956. Negotiations which RCA Income $31,935,684 2,558,740 effect taxes "Transferred 7. p. Earnings give of by Six $66,387,291 - before Federal the $50 at Deep Rock Oil Corp.—Changes Name— An is known dividends over applicable for retailers. This Glaco cents underwriting. and business, sells appliances company income Junt 30, is steam gas has of declaring and Profit 2355. shares 996 without Plains of Michigan, electricity in 1,480 of in about State areas, gas in to has Co. Endicott Johnson Corp. stock I ing revenues were $178,503,000. preferred stock was $27,657,000. the sale rural natural electric appliance and amount $62,800,000 BUSINESS—Company is engaged, entirely in chase, will 1955 on to the normal preferred approximately 7 (Voting) common or Voting)' and pre¬ stock, announced. Canada. Six Months Ended— Net the erty, and Manufacturing Co., Inc., Bessemer, Ala.—Files corporation covering (one from Valley President, States Glaco Chemical Corp., Aug. 15,. after which Glaco will begin within a 300-mile National completion U. S. Army for the production of 90 mm. cartridge Masillon, Ohio, plant, Benjamin A. Ragir, President, July 12.—V. 181, p. 2>28. 3(a)(5) stock covering $70,027.23. $42,156,538 $33,240,446 the by arm's-length and stock common Morgan Stanley proceeds the the Harriman (jointly), PROCEEDS—Net shares for Gillespie, the of for Piedmont as may be necessary indirectly through Ebasco, See also were 2927. p. than Section 9(a)(2); and the Commission has scheduled the application for hearing on Sept. 14, 1955. At the hearing, inquiry will be conducted into the questicn whether any order of exemption should be subject to the 'condition, among employees. Bids plant the United company order "Net month stockholders Chase The use. 1955—6 Mos.—1954 $6,717,975 and year. dividends the by Kuhn,- Loeb & Co. and winning bid of $43,762.71 or underwriting shares unsubscribed subscribed headed group Co. & share, per any Public offering of any un¬ shares is scheduled for Aug. 11. common is common unsubscribed being offered to stockholders. subscribed sales Rights to sub¬ on The company also is shares of additional this The per total in prior common C., Electric Bond & Bond share. per July 21, on or offering holders of its value) the right to subscribe of expire at 4:30 on 181. be may countersigned by sanitizing and chemically glazing commercial baking pans. announced of Laboratories—Sales at Lower Rate— decline The also (without par on at share per total of 373,689 additional a per at $104.25 Power stock common for redeemable thereafter and Consumers is stock 2023. p. agent.—V. share per and Ekco's iniluence 170, $8 future does not exercise control or a controlling of its public-utility or holding-company clients oper¬ ating in the United States or stand in such relationship to such publicutility or holding-company clients that there Is liable to be an absence Name— below.—V. Corp. for 1955—Month—1954 scheduled Products at cases corporation reports sales for the first six months of 1955 of $6,494,000 compared with $7,803,000 for the like period in 1954. Sales to legular trade channels are reported to be well ahead of last year. heavy Consumers Power Co.—Securities Offered—An under¬ new Oil valid redemption at detached or be This have The Rock cf ' sEeuk.— other .1955—6 Mos.—1954 $3,010,999 $18,698,274 $15,692,023 at 3%., Consolidated further proposes to make loans to the three subsidiaries, as follows: The East Ohio Gas Co., $3,000,000; Hope Natural Gas Co., $2,000,000; and New York State Natural Gas Corp., $4,500,000. The funds are to be used by the subsidiaries for additions to gas storage inventories, lor These ended. kind Awarded Contract by U. S. Army— or Corp.—New 1955 Stores, Inc.—June Sales Higher— N. is the in This 1774. p. the stock common to as others, between Aug. 15, 1955, and Dec. 31, 1955, $8,000,000 in the aggregate, against which it exceed 181, Crescent banks more to unsecured —V. of redemption, so used Co.—May Sales Up— $10,719,907 of bakers in method of operations. 1955—3 Mos.—1954 Sales— over holders Products Co.—New Glaco Plant— for an Cook Paint & Varnish Borrowings— announced was is Charlotte, service 10 /• This 21.72C 111. subsidiary, a Section • at , and one - 30, the at be to are time agent Bank p. Ekco The • with Corp., Reno, Nev.—Files With SEC incident expenses 4,508 - than - reeorhed increase' of an stock, period of more $7,391,529 —V. Ekco June 35 filed a letter of shares of common stock on 490,000 covering cents shares two the Sales Container aggregate buy at redemption $1,263,000 Consolidated quarter ' of .June as he.ders ' - common of of ^ Period Ended June 30— public 212. p. holders- ana * .. of the second as 6,447 Edison Bros, amend¬ additions construction has 182, of .1355, 1954. holders V stockholders number Container purpose. and facilities which mill final; determination no construction. the on underwriting an supplied general the 30, 152,855 2580. Manhattan due debentures interest be unexpended fabricating by over (Inc.)—Number of -V / ,, will redeem on July 29 its outstanding 5% cumulative stock at $27.70 per share, which includes accrued dividends. purchase warrants attached to the preferred shares, which, entitle Stock holders replacements consideration a .The company - exercised corporate any clas3 as area. preferred - statement Si be operated a§ a display rooms as well Philadelphia market the ip by Duriron Co., Inc.—Calls Preferred Stock— . 500 expects that such corporate purposes will include the allocation of some $10,000,000 for use as additional working capital and the allocation 000,000, 212. to are will include p. 3,750 3,500 terms underwriting and June stock preferred 181, 1,020 137,582 were V. ment. to are price offering owned of ' the .first quarter number-on figures Securities 1955, covering $35,000,000 of sinking fund 1980, to be offered for public sale through 1, group operations items sold company filed a registration statement 13, 1955, covering $8,500,000 of Systematic With Insurance Protection and Systematic and $1,500,000 <of Fully Paid Programs.—- July increase ,the clo.se of Company— registration a its 50,000 furnishings, and sup¬ Institutions, railways, 5,000 Trask Winckler - Midwest, investment on Programs company^was an 1,000 500 of America—Registers With tiled 1955, 3,500 ; the will and in duPont deNemours & Co. 1,000 Wood, Struthers Si Co.-— • > 5,000 J. expand hospitals, warehouse anywhere Programs, 2471. Inc.— Co.-—— P. 1,000 . 3,500 ; " York SEC (E. I.) This Watling, Lerchen & Co.___ White, Weld Si Co.- ■ clubs, completion Stockholders Increase— . Co.——, Co., Webster & Corp. Spencer > 750 ■ Brothers 182, p. 212. Net p. - 2.000 * Cr> and, 182, - 3,500 Si Co Livingstone, —V. etc. See details in V. - Kenower, MacArthur Si Co. participating preferred through Auchincloss, Parker net - New the and Co.;— Si Si H. Schneider with and any of the lines of equipment, hotels, in Philadelphia, Pa., , supply after service ■ . 2435. p. 181, p. ; 1,000 & Smith, ♦Barney Si Co.——> Smith, Hague, Noble Si Co. 5,000 Si 3,500 Jackson Roney V. Sattley H. E. enlarge to Accumulation Co500 —J.-L-—■ C. "...Wrn. 2,000 Inc. Webber, 176, This V. and Co.- Si Cuitis Co.----— 1,000 Si Co.5,000 Si Sachs O'Donncll Paine, 500 Michigan Corp Fulton, Goldman, C. complete i, 5,000 F. S. Moseiey & Co R. will able facilities Accumulation . 1,000 . Co., be delivery witlh Pierce, Nauman, McFawn Gilbert & Co 1,000 Beane_j & 1,000 Co._ Si working capital. notification of Co.— Lynch, Fenner 1,000 Clark W. Sr. cumulative share) per & Merrill , Inc. . to be offered Arlington, Va.—Files— Co.--- 500 Butterfield This Co., Drug Si McDonald-Moore 5,000 > Bennett Si to .'* . Dreyfus Fund, Inc., N. Y.—Registers With SEC — > 1,000 Manley. 500 H. Container Corp. corporation Redpath. pay proceeds covering 30,000 shares of to be offered at par ($10 stock A: net Inc.., Si Co, ? 750 Co.: Si Co.___ 1C79. p. Community SEC cumulative preferred stock through First Securities Cp. of SEC the with covering 3,000 shares of 4%% Simonds Hornblower Co., Inc., Atchison, Kan.—Files Shares . branch, —V. of aggregate an Co., Chicago, III.—Acquisition— include complete new tiuck them MacNaughton-Greenawalt 2,000 Corp. Buys, MacGregor Ac Co Campbell, McCarty & Co., W. Commerce Acceptance Securities Klyth & Co., First and design, below, . 8tanley Si Co.____ 10,500 Donovan, the Columbia Broadcasting System. will permit CBS-Columbia to strengthen of space base the development The the is division additional broaden . Industrial * ufacturing The and Government forth The A severally to sell to ' - for . H. of agreed Shares Morgan in Charge has company in American Space Approximately one-fourth of CBS-Columbia.'s manufacturing facility Long Island City, New York, has been converted to government And industrial operations, Robert K. Hartman, Vice-President in the the respective amounts set 100,000 shares of new preferred stock: Baker, - and have & restaurants, airlines, and ships. 100,000 shs. below named These plies 7,847,487 shs1. 10,000,000 shs. underwriters Don Don. 199,550 shs. - (without par value)—_ purchase, severally, orders at the end of 20 weeks was $1,824,000 on Jan. 1.—V. 181, p. 2239. /■„ open $982,000 with to agreed "Loss. The Edward ' * 1867. Philadelphia, 547,788 shs. $4.16 preferred Common stock $291,037 shares) (400,000 share per ' . since area 1,500,000 shs. : Won This company, the largest restaurant supply house has acquired the Duckworth Co. which has served the , 258,825,000 without preferred $4.52 preferred $594,837 303,800 "$88,156 ——— 500,000,000 - $4.50 UNDERWRITERS—The ' Outstanding . Preferred Other (ltd ward) . Authorized . _25, 1G55 179, is $37.SCC,000; and p. the 1265. the combined Commercial and Financial Chronicle Number 5449... The Volume 182 fication : . Ended Year capital. Sales ' the of address .The is company of Massachusetts—Files— .-Federal Mortgage Corp. corporation Total - Int. office is located at 59 Olmsted Drive, Springfield, Mass. The ccmpanys Paper Board Co., Inc. (& Subs.)—Earnings— June 13,'55 June 18,'55 Mar. 26,'55 sates Net Cost Sell. fvilmia. & 6,495,000 : 593,000 exps Other charges on v.a^ts 707,000 inc.— $626,000 ♦Earns, Net $0.77 $0.45 $0.90 ♦Based Oh shares.—V. 700.000 ♦ $0.35 This ice subordinated and ac¬ Lynch, Pierce, Fenner & Beane quickly oversubscribed. See details and associates, were in V. 182, share— reflect in retroactive , "It said. The Calif.—New Plant— which manufactures electronic components, on July 5 of a new West Coast plant at 10023 West Blvd., Culver City, Calif. Officials of the company stated the delay lines used by their western customers. square feet of floor space will be used for research, test¬ production, Sid Barry, President, said. Plant equipment in-~ eludes shielded laboratories, screen rooms and all modern test facilities and for the design and development of' electronic components to rigid military specifications. ; . • • . ? The company has also purchased 2V* acres of additional property in preparation for further expansion. necessary meet to on filed June 30 M.—Files notification with the letter of a stock to be offered at par (10 cents per share) through Coombs & Co. of Ogden, Utah, and Shelton Sanders Investments, Albuquerque, N, M. The net proceeds are to be used to pay expenses incident to mining activities. of common shares 3,000.000 New FIcta Mexcante Grancolombiana, S. A.—Buys Six Pays for Them With Coffee— the Seville, line for signed contracts $17,000,000 and will just has Spain. reception the that said D;az Dr. American terms the of contracts favorable met have ships will all be of the same design, with a deadweight tonnage 7,500 tons; displacement of 12,000 tons; speed (loaded) 17 knots; The of capacity two the also cubic will with the \far& With line 450,000 vessels The space. of of be 10 vessels and delivered 55,000 cubic feet of refrigerated to Grancolombiana over a period delivery first scheduled for the end Grancolombiana construction new has feet; will 25 own of 1956. vessels. The charter. under July on Johnstown Gloversville & The it (EDT) to nccn first sufficient Account to on Aug. 8, 2 1955, Wall St., New receive tenders York 15, N, Y., for the sale to mortgage bonds, series A, due July 1, 1991 to an amount exhaust the funds on depo it in the Released Property at prices 1955.-V. 181, house not to exceed 100% and accrued interest to Aug. 10, 959. p. Corp., largest F. Howard will get underway immediately," service shops operations now area," he added. "One story of General in shop will completed be April in of 1956,—V. 182, Motors Corp.—Fisher Body to Expand— division Body General of Marion, near Motors the Yankee will build a new Goodman, Vice-President Fisher Body, announced of Manager second GM's assembly Fisher new half new plant B?dy dollar billion the of plant is new 164-acre tract on a , . General Portland Cement Co.—Earnings Increase— ' $2,180,200 after taxes in the three months with earnings of $1,741,100 In the year ago, Smith W*. Storey, President, re¬ ported to stockholders on July 19. Earnings per share were $1.05 for the three months ended June 30, 1955, and 84 cents for the like period of 1954 based on 2,079,942 shares of common stock presently outstanding. Sales in the quarter ended June 30, 1955, totaled $9,904,700, as against $8,423,500 in the totaled earnings ended June three compared 1955, 30, corresponding quarter months a 1954. of WHBQ 2928. Co. of Wisconsin—Preferred Stock Offered—Paine, Webber, Jackson & Curtis and Stone & Webster Securities Corp. headed an underwriting group on July 20 offered publicly 10,000 shares of $4.50 ($100 per share), plus cumulative preferred stock at par and 1955 General Acceptance Corp.—Further Expansion— Thomas and cinnati, of which contract announced that they have entered into a provides for the acquisition of control of Central Ac¬ July on preferred 1960 and new 30, June proceeds will be used the BUSINESS—The serviced total a construction 1955 118,082 at was GIVING CAPITALIZATION will add 1955 were $6,866,533 First PRESENT 35/«% series due series series) in Ja'y Hopkins, Chairman of the Board and President, announced 19 that as part of a new long-range program of basic scien¬ John July on manufacturing in the nuclear- field, the directors have approved an initial outlay of $10,000,000 for research laboratory facilities. The laboratory will be devoted tific development engineering carch, re line worH-wide The before with tne corporation's expressed distribution of atomic power. actual the construction end of the of year. the belief in the locations being laboratory is the San Diego, Calif., area. While each division will continue to do research the need for to be started considered for the own take and appropriate to field, this basic research program, according to Mr. Hopkins, all divisions of General Dynamics.—V. 182, p. 213. its will benefit Cost $13,900,000 of its notes and preferred stock wi.h institutional investors. The comnany sold privately: $12,000,000 of 316% 10-vear promissory notes at 993s, $1,000,000 of 4%% capital notes, due 1969, at par; and 10.000 shares of cumulative preference stock, $5 series, at $99 per corporation has placed share. The the repurchase of un¬ finance paper from Harris Trust & Savings Bank and for capital to take care of additional business and advances to proceeds collected working subsidiaries. were See also used V. 182, in p. connection 8. — with these to sell new are privately in bonds preferred who is being of & under a Robert W. Baird & Co., Inc. 2,000 The Milwaukee Co.: 2,003 Loewi & Co 1.000 & Securities Webster Bingham, Sheldon & Co The Marshall Co._. 112. p. General Thomas RKO Tire F. Radio O'Neil, & Rubber President, Pictures, purchase 500 500 Inc., from on Co.—Buys RKO— Corp. (which Ark.r be to " , I *- 1955 1954 1953 $86,7j.2,342 $78,o60,874 $65,lo*i,469 36,023 102,9o9 88,2u4 $86,807,365 $78,963,813 $65,252,733 sold-——5o,j63,o76 oo.OjO.add income— misc. and 40,lol,723" shipping expanse, charges on — 7,565,605 6,888,787 5,392,805 14,193,729 13,197,972 11,317,134 220,644 116,8:5 143,u92 3,832 Interest products long-term on amortization Other of interest Federal m-n. * exp 103,249 \ deductions 4.53J —— 80,422 92,252 2j,789 income 5,902,144 5,069,d71 5,056,036 s $o,4j3,oo5 $3,452,144 outstanding—-.— 1,338,266 i,32-.,78j $.*.70 $2.o7 $3,122,572 oo3,333 $4.69 state and debt, debenture expense Miscellaneous Net taxes on earnings shares Common Earnings per —V. p. 182, share— common, 9. Goodyear Tire Rubber & July 18 announced Akron, O.—Stock Co., Of¬ fered—The company in July 22 offered to its common shareholders rights to subscribe for 913,531 shares of $5 par value common stock at $50 per shaie on tne basis of one share for each 10 shares held of record July 21, 1955. Subscription expire warrants 3:30 at (EDT) p.m. on Dillon, Read & Co. Inc. Heads a nation¬ investment banking group which is underwriting Aug. 8, wide 1955. the offering. The represents offering 27 the first public financing by this company years. PROCEEDS—The net proceeds from the issue will be added to the funds. general company's expected tne synthetic rubber plants recently acquired frtm the government and other chemi¬ cal and rubber production facijit.es. Dur.ng the five years ended Dec. 31, 1954, expenditures lor real estate, plants and equipment Expenditures for plant and properties during 1955 to exceed $50,000,000, including substantial exp^usiun of exceeded in are $210,000,000. and Its subsidiaries are engaged primarily of rub.er tires, tubes and other rubber sale and manufacture the manuflacture and sell many other items including products for use in the aviation industry, various plastic products, chemicals and metal products. They have 26 plants in the United States and 17 plants in foreign countries. Through subsidiaries, the company operates for the government an atomic energy plant in Ohio and an ammunition loading plant in Indiana. in years, the company's consolidated net sales have exceeded by any otfu» company engaged primar.ly in the tire products industry. Tires, tubes, and recapping and repair many reported rubber and also and products, represented approximately 57% of consolidated net no other product line accounting for as much as with 1954, sales 13%. capitalization adjusted for the issuance of the stock includes $250,145,000 of funded debt; $13,241,900 of preierred stock of foreign subsidiaries; and 10,048,846 shares of $5 par value common stock. Outstanding additional common CAPITALIZATION — UNDERWRITERS—Among underwriting the those as.ociated with Dillon, Read & Co. The First Boston Corp.; Kuhn, Loeb <fc Inc. in Morgan Stanley & Co.; Blyth & Ripley & Co., Inc.; Kidder, are: Co., Inc.; Glore, Furgan & Co.; Peabody & Co.; Lazaard Freres Lehman Co.; Co.—New Process Developed— and of the purchase of Howard Hughes. new a bagasse, Grace & Co. for the con¬ into a hign paper product. outstanding features commercial grade of One hours the rate which pulping five to it as plant or of the new process is the quickreduces the present pulping methods from several minutes by transforming bagasse directly into ten leaves the sugar mill. ground for the "PEADCO testing 14,000 Co.'s sugar acre plantation PROCESS" was W. R. Grace Faramonga, Peru. A pilot in built In Paramonga in 1953 where Grace has first successful bagasse pulp and paper mill was world's 15 W. Bolton & Sons Inc. and W. R. continuous quick-pulping process the fibrous residue of sugar cane, John Birdseye, version & on July 18 announced that, the newly formed Process Development Corp. (PEADCO) owned equally by Clar¬ company developed has operated the for the past years. in obtained results The the Fall of 1954 a satisfactory that commercial plant all the pulp required for use on one of the pilot plant proved so small "PEADCO PROCESS" in produce machines. The plant has produced such highly successful pulp products that W. R. Grace & Co. is planning for 1956 a complete changeover to the "PEADCO PROCESS" in its Peruvian plant which will have a capacity of about 100 tons per day.—V. 131, p. 2356. was completed to paper Grand Union finance. contract to Corp., price was was Co.—Current Sales Higher- Period End. July 2— the multi-million dollar check is scheduled to change hands today (July 25). The sale comprises the major motion picture producing and dis¬ tributing company with extensive studio and production facilities in Hollywood and Culver City, Calif.; control of studios in "New York City; access through part-ownership to producing facilities in Mexico City; 101 domestic and foreign motion picture exchanges which RKO operates in a world-wide distributing system; the facilities of RKOPathe, Inc., and RKO Television. Inc. The sale does not involve th? former holding companv, RKO Pictures The the be with (& Subs.)—Earnings Higher— ministrative, of $25,000,000 in ca h is beileved to represent the largest single financial transaction in the motion picture industry and one of the largest cash sales by an individual in the history of The notlficattion advertising, research, ad¬ and general exps Selling, The 2,000 Jackson 2,000 182, of transportation pulp No. of Shares Corp. —-V. share) per letter a cumulative preierred stock through Southern Securities — and products incl. July 1955. offered through the firm commitment to securities now offered: the Curt's Stone 5% income Warehouse ence No. of American General Finance Corp.—Private Placements— This for Webber, filed of (W. R.) Grace & Shares Paine, other4 any SEC—- With Corp.—Files 30 ($100 divs., The 26,071 shs. 10,000 shs. 61,000 shs. 26,071 shs. 10,000 .' hs. 75,000 shs. ._ par) expects underwriters, pay picture industry than in 181, p. 2472. June 1— sales Paramonga's laboratory is expected "Among ($100 and primarily to nuclear research and development. Mr. Hopkins said that one of the main objectives of the new facilities will be to bring down reactor co'.ts through simplified design a.nd increased efficiency. This is. in - company below-named the and WNAC-TV,' Mr." O'Neil said.—V. Year Ended March 31— '1,000.000 40,000 shs, t stock and WNAC grown owns System Ga.; Hill, Crawford & Lanford, Inc., Litt.e Rock, Security & Bond Co., Lexington, Ky. The net pioceeds are to reduce bank loans.—V. 181, p. 205. Evaluation . UNDERWRITERS—The Research— * —— (cumulative, par preferred ♦The General Dynamics Corp.—$10,000,000 for $100 preferred $4.50 the motion Gerber Products Co. 1,500.000 1984— due stock, issuable $5 has It Brothers; Merrill Lynch, Pierce, Fenner & Beane; Smith, Barney & Co.; Stone & Webster Securities Corp.; Un.on Secu¬ rities Corp.; White, Weld & Co.; Dean Witter & Co.; and A. G. Becker & Co., Inc.—V. 182, p. 9. $2,750,000 1,920,000 1,250,000 1982- series due 1983-—— Common 111. p. 3.30% 3%% Preferred 1950. Savannah, & Unlimited mortgage bonds 1 series A, due 1970— series due 1979 103 offices, rocket" another Inc., Broadcasting Stations owns Harriman FINANCING Outstanding 3»/4% 3'/4% Corp.'s General, of company since Lee Co.; EFFECT TO Authorized Toledo, Acceptance also This Cj. fields Don shares on 3,000 par materials the company to pay part which is estimated at by ended April 30, 12 months $633,687. the for income net the Waterworks corporation covering offered surrounding making a total of 110 offices in 19 States presently operated by General Acceptance Corp. The acquisition, to be effected through an exchange of General Acceptance Corp. common stock for the common and preferred stock of Central Acceptance Corp.. will bring to the tri-State area, Ohio, Indiana and Kentucky, the $70,000,000 resources of General Acceptance Corp., whore common stock was recently admitted to trading on the New Ycrk Stock Exchange. Exact terms were not disclosed.—V. 182, to General Ohio, 30, program 18 ceptance Corp. by General Acceptance Corp. This acquisition seven offices, located in Cinoinn^ti, Hamilton, Dayton and June is $105 through $101 thereafter. a subsidiary of General Telephone Corp., telephones as of April 30, 1955 in 350 territories in Wisconsin. Total operat¬ company, of and revenues and President Wood, E. Ohio, through $103 cost It entertainment," For the of $3,644,000. ing F. R. Wills, President of this corporation, of Central Acceptance Corp.,, Cin¬ joint announcement, a price PROCEEDS—Net the Ru.ber & Teleradio, General of television and System, BUSINESS—The company which of manufacturer WHBQ-T\f, the General The \ Jy Redemption and Memphis; and KFRC, San Francisco. purchase of RKO the General Tire & Rubber Co. now has and of SEC had earnings in company radio greater investment in in the first half of this year amounting to $3,820,400, equal to $1.84 a share, compared with $3,117,200 and $1.50 a share in the first six months the year before. Mr. Storey said the annual productive capacity of the company's newer Dallas, Texas plant will be increased by 1,250,000 barrels of cement beginning this month. Expansion has been authorized at the Fort Worth, Texas plant, which will qdd) 1,250,000 barrels of cement to its productive capacity beginning early in 1956.—V. 181, The the plants. state routes 18 and 21, northwest of Marion. It will contain approximately 1,776,000 square feet of floor space. • ' After adding the two new stamping plants, Fisher Body will operate 35 plants located in 21 cities in 11 states. The division also supplies seven additional General Motors assembly plants in this country and 22 foreign plants.—V. 182, p. 213. Site President Network. finished the is of of Boston; WOR and WOR-TV, New York; KHJ and KHJ-TV, Los Angeles Total Motors James E. Ind., General and of Canada, Aero-Jet 95% developer Tire Broadcasting used Include more than 132,000 square feet of fac¬ and will employ about 300 persons," Is Mutual the than more and propellants. rapidly and McCullough. Mr. communities In owns O'Neil City space, Tire commercial components those Inc.—Secondary Dairies, also F. accrued dividends. Offering—A seconday offering of 15,000 shares of common stock (par $2) was made on July 12 by Blyth & Co., Inc. at $23.62 per share, with a dealer's discount of 55 cents per share. It was quickly completed.—V. 182, p. 212. Foremost Tire Thomas those York New General Telephone City Bank Farmers Trust Co., up of 4% apparatus serv¬ electrical main¬ Jersey, to be announced as a capital expenditure program disclosed June 21 by Harlow h. Cur* ice, President of General Motors. ;Mr. Goodman previously announced that Fisher Body will build a new stamping plant at Mansfield, Ohio, containing 1,776,000 square feet of lloor space. He also revealed that Fisher Body will add approximately 970,000 square feet of new construction to seven for Bonds— will New Co.—Tenders RR. Internal 20. This ' part p. Fonda, to greater plant General like Colombia. in and State building new designed Fisher The* of Net the con¬ struction of six new vessels worth pay for them with Colombian coffee, according to Dr. Alvaro Diaz, S., President. Four of the vessels will be built at the StulCken shipyard in Germany while the lemaining two will be built at the Elcano Shipyard, South This of Chemical Co.; General Tire International Co.; General Tire <fc Specialties General Ltd. Net stamping ' Vessels and will which J., York New dollar provide multi-million a N. Bergen, for service new existing corporation 462 Section of 111. } Over 1C.CC0 covering General Co.; Corp.; South America; and General Tire & Rubber Co. field construct will of Is the General and Five States Uranium Corp., Albuquerque, N. Rubber Interest,, production of radio-freqrer.cy interference filters, capacitors, pulse forming networks The vania! Rubber Co., "With high, the structure will tory and office floor p. factory was custom-designed for the efficient design and SEC repeal leather and the Acceptance 1954.- North "Construction This company, ing $1.53 $1.47 share 165,727,889 $1.92 $1.42 $1.33 212,613,221 $2.46 $1.53 $1.47 $2.30 chemicals acquisition of RKO, General Tire becomes a maijor factor in the production and distribution of motion pictures." General Tire's wholly-owned subsidiaries a ready Include Aldora Mills; General Tire & Rubber Co.; India Tire & Rubber Co.; Pennsyl¬ motors, - announced the formal opening Jefferson 235,617,000 178,000,000 lor autjmobile interiors, and BJlta Corp. The- products these of other products. many with General excess per facilities according Filtrcn Co., Inc., Culver City, . 870,034 .198,913,221 of company located- in 212. p. 653,360 191,700,000 per to Code shop he recently publicly offered at 100% were 653,360 supplier acquisition of Textileather Corp. achieved substantial stature m has goods and taxes, McCullougli, General Manager of the company's Service Shops Depart¬ ment, announced July 14. Sold—The $6,000,000 of 3% % debentures due July 1, 1975, crued interest by Merrill 475,097,923 New Service Shop— Ferro Corp.—Debentures which paid Revised tenance convertible its company a 1876..'. 181, p. prime through 72,883,000 declared Dividends $2.31 - 391,266,581 charges share— per Dividends $1,631,000 $1.65 $0.45 declared Dividends 391,266,581 earnings—, Earnings 306,000 1,751,000 ' $1,169,003 share com. per ' $543,000 $0.88 income 429,497,347 45,600,576 tax__ Revenue Net the several subsidiary June 19,'54 300,000 1,303,000 142,000 596,000 158,000 (net) Federal 358,354,314 32,912,267 : Federal for profits $8,372,000 $16,951,000 $16,727,000 6,525,000 13,020,000 12,122,000 566,000 1,159,000 917,000 $8,579,000 L_ — tales: of 358,354,314 32,912,267 renegotiation Provision 24 Weeks End. 12 Weeks End.—<- » 2,521,241,424 2.521,241,424 2,631,360,609 income last "Now, income- financial Fed. 67,269,345 ex¬ operations income— for and Federal from other & Prov. ^ 79,481,810 79,481,810 equip. & costs, non-operating Total capital. plant oi and charges__ •Income on ^ 2,959,077,548 2,959,077,548 3,128,127,301 operating penses • July 15 filed a letter of notification with the SEC covering $75,000 of 12% bonds due in five years commencing Dec. 31, It51). They are to be offered at par (in denominations of $100 each), without underwriting. The proceeds are to be used for working The other All $ ■* products & services to Depreciation Conn. Green, Yvcstport, 1953 $ $ customers Colonial Duberstein, Wilbur c/o of Annual Report 'Revised , ^ the and Pei- ' 31— Dec. , for working The proceeds are to be used program over ' . each), without underwriting, aggressively pursued by General Tire & Rubber Co." years," said Mr. O'Neil. ' "Already one of the nation's largest tire manufacturers, General Tire last year became the largest producer of plastic sheeting and film,, -1954 —, corporation on July 15 filed a letter of notification with the SEC covering $75,000 of 12% bondss due in five years commencing Dec. 31, 1.59. They are to be offered at par (in denominations of $100 diversi¬ purchase of RKO marks another importantvstep in the "The Revised— General Electric Ce.—1954 Earns. Statement Connecticut—Files— Federal Mortgage Corp. of The signed on July 18 and the parent company of RKO Radio Pictures, Inc.). Sales A N. ---------- 1955—5 Wks.—1954 1955—13 Wks.—1954 $26,547,998 $21,015,331 $ 0,753,071 $74,748,129 Grand Union super Total area of the market is big Y. square new market opened July 17,500 square feet, of 13 In Ithaca, which 10,500 feet Is sales area. Registers With Securities and Exchange Commission— filed a registration statement with the SEC on July 11, 117,748 shares of its $5 par common stock, to be offered under the company's Employees Restricted Stock Option Plan. The 1955, —V. company covering 182, p. 9. 6 (314) The Commercial and Financial Chronicle... Granite City Steel Co. Set Sales in.c "Earns, J "Based after for $278,353 11,380,603 5,8.97,000 1,864,700 $5,483,603 $1.74 $0.34 $2.93 the shares dividend months and outstanding requirements six months Hercules at June 30, 1955, of $119,473 and ended June 30, The 1955, for Grant Co.—June Sales Increased— Period End. June 30— Sales 1955—Month-—1954 $27,704,761 —V. 181, 181, in the New York chase Net shareholders modern D. 1955—6 Mos.—1954 $25,924,823 $139,975,860 of which equity Borrow $5,000,000— S. MacBride, "sharply increased not Mr. and —V. old-style kilns small with large a $7,674,69'3 —V. 181. $7,593^320 is expected currently Hercules $88,412,398 from of use debt-iree,—V. the 181, Ltd.—Debentures Offered— the new equipment." issue of 4'/4'4 debentures, 1955 series, was offered on to the public by a group of investment dealers headed by Gundy & Co., Ltd. The offering price was 100 and interest and the debentures will dated be Aug. l and $50,000 principal sulking fund will retire 1958 1960 and $100,000 in to the Ol each of will mature amount the Aug. in to 1975, 1, the A turn' bonds, Great Files The balance will be added corporation be at cents to and June on 500,000 10 used Uranium Securities covering offered to Northern With The SEC plant. to 3 of share, Inc., Exchange Ofiled shares per Co., Utah Denver, of (par without underwriting. note and for mining expenses. repay The plant Juiy 14 of its L.) Green Period Ended June 30— magazines service of will explosives be co:structed customers facilities new be underway be proceeds are that piant in strategic served now by —V. 181, additional $39,900,961 by 2801. p. & and modernization by early fall, iall of 1956, greater Films Co., Inc.—New Officers Working Agreement— its Modification announced new both terms of its of to Guild Vitapix Films entities was permit greater flexibility the on part •Of through will the other continue to established and program make 181, tThe its The the company Gas Both July Co. of is opening acquisition The new accounts The June. 1954. 1955, and purchase the Acme board, of announced increase sales against of show those 105% 1954,—V. for of 181, 51% for month the month 4 , underwriter, oi of Funds, Inc., investment ing the and of additional 1,500,000 Hamilton filed company the Mfg. Corp. Besides the of A securities of series Funds specified: H-DA Periodic 1,500,000 shares; of 1955, series H-C7 to Hudson Pulp & Paper Corp. below.—V. 179, of Radio & Hanna The company 1955 of of on cover¬ $5,649,865, 41.77 tue share a first half of same .six number months depletion, Net 41.12 in lust the of profit in the second was and second share, quarter net profit preferred in the is pre. ent time six beginning its Roland total 1951 Radio $1,555,200, development quarter of compared with last year.—V. and $166,500 for 96 on the cen^s a This for its 36th $220*^6''2 Net for established fiscal previous Earnings year the transferred stock.—V. which year all-time closed per share the to 180, April This record 27, to stated. $5.02 payment surplus. p. Heinz were sales of as dividends, amounted to of $234,179 207 1955, it Last year's was a to total $3.22 351. $3.12 of per for is As be announced Bank and for stock. Net Earnings share $5 433 029 a ' was —V. of'common share sold were in in 181, the & New For 1950. N. net Y., is indus¬ the the products, This corporation, staples, of the for manufactures on stapling July 20 announced the acquisition country's largest manufacturers of wire the makers. sidiary which Holly Ohio—Acquires nation's Prior of T. to J. telephone the Cope, companies, acquisition, Inc., of Fasform Firm machines Fasform SEC and 4,098.471 Net firms wholly and tion owned coveiuig of and use, 30 bv had orders This such distributors versatile Radio & New Co., York Inc., of The a minimize a up (& 14,214,172 A. The its 10 its at dent oi management. share. The notification proceeds first Industries, semiannual Inc., June 30, 30, the shows June 1955 report purchase consolidated amounted to of lor to are •* of this whose net sales $46,242,514. $3,055,621. or Consolidated , totaled of net $1,404,891, common dividends. stock The income, equal after to 97 assets for be with the be subscrip¬ added taxes, cents per Profit > include be the share on effective before cost its June I 30. compared electronic new team makes for of data so-called available scientific data' on an. management processing who.^e the three activities own take alrgest to facilities facilities of are a only complex desiring were 2.410 a accounting a machines 2,500 item invenDoryl employee, factory three hours to complete, . included. And the 701, . on of part solved transportation ship to various to 51 of data problem quantities destinations. types a.l processing work.—V. 181, of 1,232,500 of the dollar New office Mexico, corporation's Potash The building is expected to be ready 1956. con'ain formation over 12,000 square feet of office all staff officers at International's building, with resultant one - - . Resources of both to the company, to natural resources of field Jonathan B. Co., Management to the Lovelace. Los new Presi¬ Angeles, Calif., Fund. An offering Fund, Inc. res and of will rves concentrate of fuels. securities strategic Among its investments' natural resources investments su-h representing leading hemispheres. & Management Co. already serves as an invest¬ investment companies with combined assets several company consultant. to the to claim governments will retain Stanford Research Institute - Internal Revenue as from a tax Code, credit dividends adopted in various paid to the 1954, amounts will per¬ withheld Fund. was Interstate Department Stores, Inc.—Sales Up 4.4%— 19$5—Month—1954 1955—5 Mos.—1954 1955 Period Ended June 30— shares currently outstanding, after provision for preferred outstanding shares include • those issued for the pur¬ Sal . —V. s ________________ 181, p. 2801. $5,251,797 $5,031,462 ' will foreign' $100,000,000. shareholders by' foreign investment new in 20 by adviser sizeable proportion management technical and minerals Research excess July company is planned in the fall of this year and underwritten by a group managed "by Kidder, Pea- qwning in on the essential adviser this of investment investment be substantial a mit on ending taxes, half Carlsbad. near charge 13. March, will refinery in Corp.—New Bldg. quarter-million new a and July on Chemical & build Research the to Revisions :" .first the ended $50,672,332 pe companies company announced oi Slock Capital Frontier months - . for the capitalization. months to integrated time off immediately. the Capital will companies to - became six same six machines cn run mine world-wide was companies The the the on tools to Vice-President about for in including as corporation "to This on period, and compares corresponding 1954 period of the an full origins will structure expected in o.tered p. handle start new of tne is 1440. reported taxes. share a the amounted entiry, would four announced plan which Houdaille-IIershey Corp.—Earnings— Heller Corp., formerly The Heller Co., was acquired recently group of businessmen headed by Leo T. Norville, Chicago attorney senior partner in the law firm of Norville and Dent. Others involved in the acquisition include Alfred A. Strelsln, President of a p, of income $5.82 International Resources Fund, Inc.—Plans Financing—• A ' be to demon traied day's a mintues, potash Into, will specialize in . The by per to end corporation Federal space and will make it possible for Carlsbad operations to have their offices in efficiencies.—V. 181, p. 2801. SEC— stock this 1155, for of and 650 for can occupancy The $5.24 common capital securities lineup departmem corporation Norman for $15,121,490 $4.90 Of the Ii "Giant Brains"— 20 International Minerals This 15,686,523 $14,153,675 and of need processed from center bui.ding Subs.)— $1.41 letter $0.21 of 26.3. compan.es, a the l .test not speed costs product The p. „ filed $32.91. subordi¬ $4,053,584 29 share period contains demonstrations and. $8,900,868 $30,264,098 $32,597,221 543,535, 1,611,723 1,570,703 28.200 58,122 84,600 1,940 226,406 133,895 v. per 30, taxes, July the do mere 1955—9 Mos.—1954 distr.bution 61,233 was estimated at combination 702 paychecks 948,457 manufacture, June complete and running State.— were taken Ltd. 4,273,609 1954 $80,917 65,34 4 value corresponding 1954 on basis which eight minutes. payroll, which in sub¬ The :ri 1776, p. corporation which a charge series ment Pa 1101. 174, p. Increased— market months' income the in in $31,648,764 181, ■* new a valuei, adjusted by provi ion for Federal value n - share at the bid sid£ of the after six the center capacity A and 1,220,435 $19 of overloaded. in $29,043,663 3,393,805 of Federal brains," made. Worts the corporation hourly can According to J. F. O'Brien, President of Heller Corp., the acquisition Includes all accounts receivable, raw and finished inventory machinerv tools and engineering drawings and data. The firm will be known the Fasform Division as of Heller and will move to a newly leased plant in Cleveland, Ohio; about Aug. l. and at interest cost of high-speed digital computers and dat.; processing equipment. Included are the IBM 702, 701, and 650 electronic data processing machines as well ai sinaiLr, medium-'• sized electronic calculators. over 174,272 shares of capital.—V. accrued pension funds. part, — the 181, outstanding $4.j,004,414 Work & oi ended $23,870,992 income process.ng country. in I liquidating liquida.ing for International emi^nv^es working com¬ ld55 side Demonstrates Team days purcnase 4% .convertible Corp.—Files With 2,400 was $0.24 tne bid months of before v, iw. approxi¬ $8,726,596 June in pay, net 1955, processes $1.34 on It finished iate this year.—V. ___. $26.74.—V. shares companies 259 over organized ; Sugar be to income after taxes for the $2^,600,314, equivalent to $5.27 a share engaged in incorporation $3,888,999 corporation one equipment and products public utility Fasform was a Philadelphia, Inc The 205. p. the company firm, six income equivalent body & Co. Heller Corp., Cleveland, 181, International Business Machines Corp.—Earnings Up— Television covering full Pnonogr&ph were 523,913 of division.—V. . further in of have 14,409 charges additional at the the development year l'oim 205. p. separate used into and selling of electronic equip¬ Radio July 1, 1970, which share all be appreciated the be Brunx, ' their at taxes, plant . the would presently the are fiscal 102,530 per After to 1j55 30, at income share, defence Is June ma.ket convertible Ave., facilities facilities $7,923,656 earnings a Hudson geographical loca¬ W. Va.; Pine Blulf, Wellsburg, $85,017 de¬ $7,620,952 taxes. at Co.—Bonds Sold Privately—The privately $3,000,000 of 3Y4% first : the 302,704 income President. share assets, per a.lied and plant Steelman interest Prov. were Water are per valued "giant present interest sales per of stock, Geiger counters and affiliated of development of electronic ap¬ been incorporated in the design has plant depreciation,. all 1 2242. p. placed dividends any Herold 1955—3 Mos.—,1954 income Debenture $8,782,324 from $5,585,676 compared its per shall pace. . income— Total Prov. Presidenfc- increased 57% Mr. year, After ago. an ^ ** ** Heinz 934 income for the year Heinz Co.—Sales at New High— company $5.25 on amount Period End. May 31— fiom operations Dec. on bonds 181, p. 2o81. Co.—Secondary Offering—A secondary income income Sale of Debentures—The unsubscribed 'Earns, the extended Corp.—Acquisition— income Net Net common of Gross by the Division, share be sinking fund Six Months Ended June 30— incorporation da.etf Juna 15, Division Hiram Walker-Gooderham to 1077. p. of rate to depreciation, equal redeem Insuranshares Certificates Inc.—Income by the underwriting group managed by Lehman Brothers and ; Hornblower & Weeks, were sold to the public at 115% of par. See also V. 182, pp. 9 and 214. Other (II. J.) — has proceeds receive to declared as 25c government start subsidiaries, principal to mortgage mortgage bonas, due 1985, at par and nine insurance companies and three This nated debentures due months during $3,518 264, or and the and as $6,000,000 water reservoir to 182, p. 112. $1,428,983. was $3,067,182, 181, provision charges were 1955 and manufacture volume Corp. wholly-owned Coal first located are operate Indianapolis with from app.icat.ons its plants will company manufacturing radios occupying of will made from annum dealer's discount of $1.25 per share. a to to tax 5% guarantor, has per loan 1. Hudson Co. as Tue by pleted.—V. 181, '; the throughout the the income Coal Co. 3'/2% offering of 2,000 shares of common stock (par $10) was on July 14 by Blyth & Co., Inc. at $o8 per share, 1956. Electronics Corp.. field all at York. made 705 shs. the modern new name development now Hudson New of Cement of requirements Federal of 1, possession. Va.—Sale first dividend of Tremont Y. The company and its subsidiaries customers strategically located V. outstanding cemmon shares. In $5,101,300, equal to $1.59 a share was shares.- ended common reported equal after 3,0." 1,392. the net amortization profit a on 1954, 11 a the company. company of East Enjineering ol its shares Co.—Reports Higher Earnings— July of Charlotte, N. C." Ideal The 2248, p. & $6,000,000 Bank Hudson Hammond a..d Hammond preferred distribution stock value par N. products of $14,425,349 $11,713,649 300,001 shs. of entitled plus par its certificate'of trans,6tor jj-6 Mos.—ln54 a $1,948,989 to sa.e distribution at alter Sept. upon through '4he program the of quarter.'* Higher— o4 1, 1962, at 105%, plus accrued interest.—V. business AiK.; purchase products. Hertz Corp. (M. A.) be other preferred the time changed its Herold new the expecta¬ earnings 1954 take pursuant nominees. their or respect full of Vernon, Development Sales Mazer, and 2, equipment and for the medic..1 both Hammond Bag & Paper Co., Wellsburg, W. See of any paratus At exce'eded to basis snare quarter, "The acquisition," Mr. Mazer said, "will afford converting and shipping points at three desirable Of¬ to hs. : and shell or in and in share electronic and $20,000,000 face amount Certificates.—V. 180, p. 440. Investment made concentrates commercial new 60% 11, dividends paid stock Mount automation their have per results this corporation of the muloiwall bag manufacHammond Bag & Paper Co. of Wellsburg, W. Va. in exchange for shares of class A common stock of Hudson was oi.itiaily announced on July 17 by William Outstanding conversion issuance stock radio-phonographs, research of of after July on for company be Each c-mpuny company's Colo.—Registers With amendments 800 for underwriters or By amendment of 1355, Securities and Exchange Commission— This Delaware borrow City acquisition tunng FINANCING '499,000 shs. plant at 742 thereafter it leased company ment. a well as 785,000 , mately 80,000 square feet cf Denver, the PRESENT $105) small a months secvicn The Hamilton TO of the the shall common phonographs, of # managing July 14. See details in V. 182, on (b) with connection reserved arc any program announced 213. (par the paid unpaid. leased six The Gulf Sulphur Corp. — Debenture Offering Oversub¬ scribed—The public offering of $4,500,000 5% series A convertible debentures and 5% series B convertible de¬ bentures due July 1, 1970, was quickly oversubscribed and the books closed, Bear, Stearns & Co., p. to Hudson Pulp & Paper present company was organized and incorporated in by J. L. Herold, M. J. Steelman and R. J. Kalb on March first of month 2472. p, * and company when and non-cumulative dividends at the aside, stock but shares and time, from six-month on first 1955—Month—1 by The the BUSINESS—The 1,050 same in EFFECT preferred before year, set to the 30 York results Corp.—June with company June aue work.ng capital will also enable the sales program,'-and to .establish bank of greater inventory requirements. reserved profits option of the holder, at It the the of of Co. area. of shares dissolution trial those r.rrangement;, cents) shares of assets Gas approximately sales gas * the in Tampa companies, Gulf these Tampa add above increase an of that of or 2929. p. publicly held its periods 25 issued directors, preferred Bottle be annual per headquarters the serve companies win Cities' consumer list. also an to these Gulf Appliance June, Florida division new of to show of the companies have their with the acquisition of a corporation 1955, announced these simultaneously Cilie.s 16 net clared 1955 currently - first corresponding time between Sept. 26 and Dec. The pioceeds will be used this financing will be devoted to eliminate the large factoring charges discounts stock (par 20,000 declared, Corp.—Acquisitions, etc.— on Associated Tampa. and Gas the Houdaille's some additional GIVING 21,150 to share facilities Upon Gulf Cities • Stores National of to laboring trade pfd. holders out of 1674. p. and warrants telecasting available basis.—V. stock which stock of their respective objectives. arrangement, Guild Films Co. wi'l continue Corp.—but will be enabled as well to firms on (a) accelerate seasonal non-cum. Common Kaufman, President of the Guild Chairman of the Board of Vitapix. Vitapix Corp. Co. two to Cali¬ (N. Y.)—Stock Authorized attaining new with national channels. the cf further CAPITALIZATION t$5.25 between proceeds for R. Fetzer, will in the agreement Reubrn E. arrangement association release earlier by John organizations By its the jointly and company, The of film on meet to net Such s. to credit of television. First with present advantage materia company this company and Vitapix Corp. on July 22 announced a new working arrangement in their cooperative enterprise for the production, sale and distribution of national programs 181, This with Electronics Corp. working capital, discontinuing Oi Guild the shares West the the books closed. 1955—5 Mos.—.1^54 $40,866,065 months' belu»^ 2473. p. arrangements fered—Weill, Blauner & Co., Inc., New York, and Hallowell, Sulzberger & Co., Philadelphia, Pa., on July 14 of¬ fered publicly 100,000 shares of common stock (par 25£) at $3 per share. This offering was the to Radio PROCEEDS—The 1955—Month—1954 $8,761,196 $8,502,494 Sales six that substantially for common aggregate $2,34 4,267 tions. Co., Inc.—June Sales Up 3%— v "the mind the on Hudson Coal Co.—Bank Loan to Retire Bonds— Bacchus, this company, production st by oversubscnoed (II. that in figures purchase, the , will Ilerold with cent) one modernization on Plant— Colo.— notification stock Utah completion scheduled by next summer or the early The transfer of explosives operations lio.n California to Utah will thus be gradual, as new facilities are completed at Bacchus.—V. 182, p. 213 and V. 180, p. 351. 173, Commission— letter a common the . funds.—V. general to Construction 965. P. Inc.—Modernizes of storage areas proceeds, approximately $4,000,000 will be used to retire Aug. 2 the outstanding 4'/2% general (closed) mortgage sinking about manulacture Co|ast years with Sales project which will terminate dynamite Contra Costa County, Calif., and devote Additional 1974. said were Howard 2118. p. a in fornia of each 1961 years Frontier outstanding Period End. June 30— The nitrogen products and other chemicals. The move will be made gradually over the next 12 to 18 months, the company said, and is designed to make the Utah plant one of the most modern explosives manufacturing units in the country. 26 Wood, ol part Hercules, $4,500,000 A June Co., lor a $2,000,000 expansion and dynamite piant were announced Utah, as Great Lakes Power Corp., Powder Plans $84,465,017 1 2801. p. of the connection bearing 181, —V. Sales Peo share per • comparable either in like period oi 1954. the tions, President, said the borrowing will be retired through depreciation on the new facilities, aided by better resuds 1955—11 Mos.—1954 in $18.30 to stock. inclusion increase in $482,288 four stockholders''" $22,583,152, equal common the the 13 approved a plan to borrow $5,000,000 company's Stockertown, Pa., piaat. material handling and milling facilities the equipment operating $125,425,725 Grayson-Robinson Stores, Inc.—June.Sales Up— 1955-Month—1954 to to with July on of Corp.—To the per totaled Due as and 50.000 shares purchased by Ralph F, Peo, agreement, at one tn.n niarxet price of 13%. * capital, as of June 30, 19551 amounted to $17,624,443, $7,091,837 consisted of cash; and common as kiln. corporation Period End. June 30— Frontier working outstanding 2801. p. of President, are- Cement modernization modern 2801. p. partner The company plans to replace with (W. T.) Fulton, 1,232.500 213. p. Hugh that $0.61 common three 182, and Walter said fields.—V. $1,353,232 preferred respectively.—V. Fulton. O'Brien automotive $719,446 Chicago, of and Halley. acquisition of Fasform is the first in a series of moves planned to diversify the operations erf The Heiler Corp. to increase the company's base of operations, and thereby increase its sales and earnings. He added that the combined machinery of Fasform and Heller ultimately will enable the firm t) enter both the toy and 3,222.932 953,300 share. 1,775,017 on 1,672,746 $3,199,499 deducting Corp., firm Mr. 3.468,000 <est.t_ com. per law 1955—6 Mos.—1954 6.667.499 tax. income Net Cenco Subs.)—Earnings Up— $29,365,887 $16,927,093 $55,016,335 $33,410,552 —— lnfncomebtaxes Federal (& 1955—3 Mos.—1954 Period End. June 30— Monday, July 25, 1955 $24,598,590 $24,011,439 . Volume 182 Number 5449 i This 1955, investment Boston interest [Kansas 12 trust.—v. the hi filed company amendment an 15, July on p. aojl, Ended Monuis taxes : Net operating L.corne Other revenues 145,076 Net etc., deductions.— 834,882 $3,430,135 $1.76 dividends stock Earnings per share —V. 181, of SI.98 stock common Inc.—June Sales Increased— __n 181, —V. -r See Basic Refractories, Inc. above.— V. equal to Period End. June 30— Salts lbi, -—*. $2.52 Sales Up— 1955—G Mos.—1954 $26,5y3,886 $25,237,018 $14o,897,613 M>r42,ob4,353 a this company I, Plant— (S. I Beginning in October, at cpeiations Mills the Division, this company plans to gradually curtail R. I., finishing plant o. its Kendall air operations at this plant by the fa.l of 1955, close employees plant In recent Works Jr., July on announced Manager, inventories by a wide margin. that "backlogs of orders on hand have have remained at an nearing has has concluded b">en offered become a chased plant, 1915, employs major a finishing about 270 people.—V. of The 2119. unit 181, p. Kendall Co. Kentucky Stone Co., Louisville, Ky.—Annual Report— APRIL ENDED YEAR FOR sales (tons stone! sales (tons stonei Net sales development. Administrative, general and selling expenses. Depreciation, depletion and deductions Other Net taxes income pa.d APRIL SHEET Prepaid Supplies inventories Sundry Fixed 1 receivable accounts Preferred stock held for sinking fund ie^u.relnexits (net)___ assets 186 shs.l ._ Accounts { , payable Accrued ■_ Preferred ($5 value)——— par — Capital surplus Earned - surplus ll___ ; __ declared the regular semi-annual preferred stock in the sum of $1.25 per share, payable July 15, 1955, to stockholders of record July 8, 1955. The directors also declared the regular dividend of 37V2C p°r share, and an extra dividend cf $1 per share, on the common stock, both pay¬ able July 15. 1955, to stockholders of record at the close of business July 15, 1955. The directors June on 1955, 15, the . net expensive 9%. Bedroom 1954, year to approximately 8,000 throughout tne United States 14 plants. Last year and a becuoom lurniture reported Kroehler is.tubie m Sci7es% ol the * and Howard Pyle, President of Monterey Oil Co., announced on July 13 that their companies will carry on a joint exploration program in the Permian Basin of West Co., which company, carry William Blair act area, will the per¬ provide office Permian Basin will project major second the be exploration 181, ; Hooker & Hornblower 6,655 Weeks_£_ & 1,954 1,042 Period End. May 31— Revenue » oil from & 181, 2,218 2,958 6,655 6,655 Peabody & Co._ Higginson Corp._j—— $8,464,637 $8,709,940 $1,714,331 Lee Ryons & Co._- Lester, 2929. Loewi & Co Kin-Ark Oil Co.—Adds Producing A. oil full acquired its £5 % Kinard, rights Paine, Webber, * Rodman County, Ark. the said Kinard Mr. estimated leasehold acquisitions affect 18 wells with G. an the At reached Under Mr. years Kinard and that reported th>y that agreement has —V. of terms of the that contract, approximately 25 or 30 new Kin-Ark now have Taylor, Saw Mr. drilling with planned owned from 42.68% to 50% by the acquisition. Mr. Kinard previously covered been acquired by Kin-Ark Bishop, Eurns, Mill. 85.35% said, Kinard Properties include the to a depth The V. said in the 14 full oil rights in which 181, interest on p. days, • 1,400.000 increas d barrels. It Texas, currently holds oil leases reserves on by approximately properties in Arkansas, A Colorado, been Louisiana, Mississippi, Montana, North Dakota and The Arkansas properties include both oil and gas operations. Kinard proved near estimated Kansas, Wyoming. Mr. its its areas O.in said company has cleared and No. the 1 Is two well .Additional presently new drilling locations for three drilling exploration work is being wells financed ' on shares remaining The initially offered to shareholders. 16,564 unsubscribed shares are awarded 1955—6 Mos.—1954 $5,370,895 $32,213,012 $30,258,375 ! Co., Cleveland, O.—New this according to capacity generating systems, has the United States Ordnance Depart¬ Neville, President. Iorr- high company P. H. Contract, Etc. by will be us^d, in the main, for wheeled vehicles, with tin principal application for radio power source, and for other appli¬ cations where additional power source lor electrical energy is required. The being sold at tho W. c, FUbscription price, to a group of underwriters headed jointly by ' Lar.gley & Co., Blyth & Co., Inc., and The First Boston Corp. Proceeds from sale of the new shares will be used to repay loans Incurred for construction.—V. 182, p. 113. I bank / contract'• $1,500,000 ment, in purposes Of Loomis-Sayles Mutual Leece-Neville company has Properties, Ltd.—Bonds Offered— in 2801. brought five new wells into production during the past increasing the number of wells operated by it to 66. Since its organisation last January and subsequent public financing, the subscribed • , 1955—Month—1954 $5,383,972 sales 181, Ont., Can. Inc.—June Sales Higher— Period Ended June 30— Net —V. to Burns, from nearby Lake J. B. which is reinjected into Lighting Co.—Stock Subscriptions—Thisi July 19 reported that it received subscrip¬ tions for 97.3% of the 624,170 shares of common stock offered to shareholders at $20.50 per share on the basis of one new share for each 10 shares held. A simultaneous offering of 33,543 shares for subscription by em-* ployees also at $20.50 per share, was oversubscribed as subscriptions were received for 33,934 shares. The additional 391 shares required to fill employees' subscriptions will be made available from the un¬ 18 announced that it is in a strong financial than $1,400,000 in cash and liquid securities.— ' ' + threo Thero Island Long July more 1312. Lane Bryant, in Kin-Ark ownership was increased Hill and Callaway leaseholds. with p. ) the following: Abbott, Rowland, McHough, Johnson, Lrewster, Mason and Union Carroll, company position, , $3,150,000 late Canada. company Financial Position— The company CO 6,655 Lake Nordic Uranium Mines Ltd., Toronto, of , (Canadian) of 4V2%. first mortgage bonds June by McLecd, Young, Weir & Co., Ltd., the total, $2,200,000 are sinking fund bonds, due April 15. 1980, being offered at par. The $950,000 balance aru serial maturities placed privately. This new company recently acquired 13 stores from Loblaw Groce-* terias Co., Ltd., and leased them back under a 99-year lease. Proceeds from current linancing will be used in part to cover pur¬ chase of 12 additional stores from Loblaw Groceterias. 10. —In Strong wells arc to be drilled. Kin-Ark will receive a half-interest in oil pro¬ duction from the planned wells. Work on the first three will be started leaseholds 182, p. 4,436 & Co.. Leased additional marketed Toronto, 782 2,345 1,564 2,345 6,655 Co.__ & the water supply is obtained supplements produced water 182, p. 10. of which Loblaw An been providing for future development at properties involved in its latest acquisition. expected immediately, 6,000 feet. Witter Dean Co.___i.i_" 61 Lerchen , Unit M formation.—V. were 1,042 1,564 2,218 Renshaw & Walker Quintuplex plunger 2,345 another oil company Kin-Ark to cost no time, same with 15 H. Watiing, will add approxi¬ mately 225 barrels of oil to Kin-Ark's regular dally production and are expected to earn back their purchase price within two years. life of producing the 1,564 2,958 4,436 6,655 Jackson & Curtis. Worthington , of portion Thomas 1,042 4,436 Ohio Company The working other four A , 1,042 2,958 Co.__^____ & , 2,958 - — Mullaney, Wells & CO.——J — leaseholds and increased to oil properties in Union producing 10 to in McCoimick this company has 22 announced President, on July ownership Properties— 2,958 —- ——— Ihc._— Mason-Hagan, Curtis — Kidder, $1,787,807 p. CO.___'_ five injection water total a are 2,1,45 2,345 1,042 & added pumps consists of 5,439 acres and is one of projects in the Canyon Reef formation. 133 wells in the unit. Diamond The 1,042 Lemon power new unitized 1,564 Johnston, to pressure maintenance facilities at the Diamonc\ County, West Texas, this company—operator and. unrecoverable. 7b2 4,436 gas royalties —V. 1955—5 Mos.--1954 1955—Month—1954 2,218 Kurd, Citgg & Co.. The Illinois Co. Inc.T County Land Co.—May Revenues Up— Kern Scurry 782 Howard, Well, Labouisse, Frieoncns 61 Co. — in participant—have will increase water Injection capacity from. 15 000 B/D to 30,000 B/D at 2350 PSIG. The Lion Oil Co. estimates that by injecting water and gas into the producing formation, they will recover several million barrels of oil which would otherwise bt> 2,345 5,546 extension an The l,5b4 2,958 ——— Fay___, 30.- type power pumps. 1,042 782 2,345 782-" 2,218 effective on Sept. Unit major 2,958 2,218 6,655 Co. & Hayden', Stone & Co.— 2929. p. Gradison D. W. As M 4,436 Co._—— <fe common Adds More Power Pumps— 1,042 1,564 1,954 Read company's become Shareholders 2,958 4,436 5,546 Sirpmons-- & Gloie, Forgan & Co.- Monterey and Kern County Land are associated. Several months ago the companies announced a joint venture for coastal Louisiana, where exploration activities are now in progress.— V. their 7,512 1,563 Harris & Co., Inc & Simons, Inc Fairman, Frost, which in program the 2,345 1,563 1,564 Co & Collins Juiicn Midland. in that the Monsanto board intended to cash dividend of 25 cents a share oa stock with an annual stock dividend of 2%, provided business activities and the combined companies' profits con¬ tinue at or near present levels. The first stock dividend would be pay¬ able prior to the current year's end, Mr. Thomas said. The merger, if approved by the stockholders of both companies, will announced also Thomas Mr. 21,ol6 4,437 —___ board. Monsanto the 6,o5o 4,437 4,436 — Inc.- Inc.-. H. M. Byilesby & Co. JInc.)— Central Republic Co., Inc.— on district a Co. if approved by the stockholders on Sept. 23 of Monsanto $2 par value common shares IV2 supplement Its regular quarterly I,000,u00 sns. Company Monsanto. Allen Tnomas the basis of will be the issuance stock for each out¬ standing share of Lion stock. Both boards have fixed the record dato of Aug. 5 for stockholders entitled to vote at the special meetings. ; Lion Oil Co. has 3,0..'0,515 shares of common stock outstanding, with sales of $58,694,131 for the first six. months of 1955. Monsanto has 15,851,901 shares of the new $2 par common stock outstanding, with sales of $207,514,258 for the first six months of 1955. The combination of the two companies will represent total assets of about $550,000,000. The identity of the Lion organization will be continued if the merger is approved, and it will be known as "Lion Oil Co., a division of Monsanto Chemical Co.," headed by T. M. Martin as President of the Lion Division. T. M. Martin and T'. H. Larton will become members cf 12,498 shs. through Chemical Co. on July with and into joint announcement, Monsanto's President Charles Lion's Board Chairman T. H. Barton stated that merger *' , below, named Bosworth, Sullivan & Co., operator, as Eilis Blunt Mexico. will <te Becker G. A. Monterey 'Antonio and The New this exploration and drilling activities for the joint already is engaged in oil and gas exploration 111 operating irom a m.d-continent division office in San to account. the and Oil Monterey sonnel Texas of President Montgomery, ,' —l2,5£8rshs. shai'fej^ {'l,500,(100 slis. White, Weld & Cq.___ tacpn, Whipple & - County Land Co.—Exploration Program— G. _ Merger— and of Monsanto a and White, Weld & Co., have severally agreed to purchase and the selling stockholders the. respective number common stock set lorth below: ,. —No. of Shares— From From Selling of „ 1497. p. signed an agreement of merger of Lion In company snares . 1,043,936,824 958,664,124 —— 174, Lion Oil Co.—To Vote on repiesentative, from - Kern outstanding llti* ' underwriters UNDERWRITERS—The of 22, PRESENT FINANCING Authorized/*'' valu^.T* par ■ George income net EFFECT TO GIVING (cumulative, - _— — . 686,975,903 9,548,407 8,600,415 104,072,104- 80,733,477 109,985,198 102,207,391 10,000,000 10,QUO,000 80,082,543 64,117,933 —_ — The directors of this company 21 of For the period Jan. 1 to May $1,116,4/5 on sales of $27,013,b51. was Common stock (par vaiue $5 per ; on ' 730,248,572 - reserves liabilities —V. Canada. in income share, _1,043,936,824 958,664,124 , Total line, furniture accounts distributed stores a—4'/a Series assets— saies. V' stock per accrued..—-—;—— and due rents Unassigned surplus Ltd., a wholly owned subsidiary, has its general Ontario, Canada, and operates uphoistered lurni¬ Co. Mfg. CAPITALIZATION $100 332,630,035 302,085,336 50,785,915 47,665,606 2,3*8,401 3,021,232 6,678,612. 6,0o3,492 24,822,028 23,117,03'd , reserves Other houses from its oroer saies Strat.ord, Preferred $2,040,449 Total dividend such est.mated li,c>5 and Contingency living 85% "Vaientine- $2,169,652 on net sales of $62,764,427. 12,350 287,400 144,000 36,846 1,415,591 :• _ stock mail to EARNINGS—For 67,000 taxes fund for retirement of preferred stock— stock ($50 par value! — Policy claims and losses outstanding— more IndL 1954 1953 $ ; • $ 13,037,147 12,013,703 23,706,732 ly,535.710 538,567,363 502,74J,053 51,360,591 42,429,250 LIABILITIES— Lile different lines of upholstered accounts lor appioximateiy two makes plants theie and at Montreal, Quebec, piant at Durham, Ontario. ' : $64,045 13,217 / * —U_L_: admitted Total of this offering the listing o^ its com¬ stock on a quarterly of 35 cents a share wh.ch ture to sinking Common in . ——— loans Capital and and of Kroehler office . expenses Accrued income Other • LIABILITIES— value) loans on real estate—policyholders—! ; to Interest proauced 25% aoout , —— Collateral 1,0/5,000 pieces of lurniture, of which 982,000 pieces were upholstered living room furniture. It is estimated tnat tne company accounts for approximately 8% of the total volume of upholste.e'cl livmg room furniture sold in the United States and for Kroehler .. encumbrances-^—, (amortized Loans the sale tne com¬ completion after declaration products are department company's furmtuie Canaoa and $2,040,449 Total Due retail 172,761 59,212 180,123 2,846 4,300 1.199,235 ; expenses Bonds .■•••• ... Stocks 1955. furniture—"Kroelner" The 149,310 (less reserve, $3,0001 Inventory—stone down and in storage Jackson, Miss.—Files a banks and office Real estate—no of selling placed the common have initial an 29, which of total saies and a higher-styled Eeaver" which accounts, tor another lor the remainder of the company's $362,661 . Accounts receivable with BUSINESS—Kroehler room ASSETS— Cash practicable as soon June on in Mortgage intends to make, application for the New York Stock Exchange. basis paid 7 ASSETS—' the expansion of the company's business. result of a as filed Period Ended December 31— Cash used, together with other lunds, to repay a $465,000 subsidiary and for additional piant facilities DIVIDEND—Directors was 1955 30, group a 7 Canadian a company stock on dividend $137,982 100,956 : BALANCE CONDE97SED mon 3,864 —_ of LISTING—As the 64,662 (current year)__ profit Dividends required 225,355 191,812 — . Federal and State loan 1,440,892 $1,716,739 . from July on Lincoln National Life Insurance Co., Fort Wayne, at $o) be and will be bank $1,440,892 Net Net will shares ns pany 1955 30. (par proceed received by the company from initially added to the general funds of PROCEEDS—Net STATEMENT shares common corporation —Selected Balance Sheet Items— the company. by financing new lbl, . — stockholders and the remaining 160,328 snares represent of INCOME *' White, Weld & which 011 Juiy 20 group underwriters the ' ' , Stock Offered — This offering was oversubscribed and Of the shares offered 56,o00 were pur¬ closed. by .. , 216,828 publicly tne dooks ;■ underwriting an $28.25 per snare. most transfer to completion. Slatersville The since uneconomical, always It heacied Co. serious competitive of the finishing operations of the S.atersville plant, together with some machinery, to the company's new finishing plant located in Bethune, S. C., and now customers, ■ Kroehfer Mfg. Co. plants in the South, rapidly expanding. The high transportation costs involved in shipment cf goods' to the North for finisning a-id resxiipment to soutiern handicap. * AS ■ . of many increased extremely low level."—V. letter of notification with theSEC covering 150,000 shares of common stock (par $1) to be offered at $2 per snare, without underwriting. The proceeds are to be used lor deposit required by State 01 wi.^sissipp,; woramg capital; and general corporate purposes. The 1955—Month—1954 1955—6 Mos.—1954 $12,312,378 $12,061,983 $72,2/8,610 $72,298,974 LoOi. p. ' •' 19. the company's customers have established where competitive finishing iacilities have b:ea years, lbl, V. Slatersvihe to ' 1675. p. Co.—June Sales Up 2%— Kress & II.) Saies — Wilks, Edwin 1956, first six months to $3.85 a $13,082,796, equal 2o0±. p. Pei\cd Ended June 30— Slatersville, and in the $20,003,633, of half-year previous was,also reported while 1955—Month—1954 by earnings increase of 52.9% over the profit of share, in the same period last year. that any It sales net an Life Insurance Co. of Mississippi, Kendall Co.—Plans to Close R. 1955—5 Mos—1954 $62,460,769 $52,243,043 1955—Month—1954 ' Biggers, Chairman, and George P. MacNichol, Jr., President, net sales for the first s.x months of lu55 exceed tuose John D. Higher- of in resulted after taxes, of 1L0, p. 2697. building new $12,896,105 $12,462,502 volume record 1955 report (S. S.) Kresge Co.—June Sales Kelley Island Co., Cleveland, O.—Sale— . in Cleveland comprise a total ol now has at its 010. doubles overall Leece-NeviJle 181, p. 2801. . 2694. p. the Stores Corp.—June share $4,0o5,000 - 2801. p. of 1955—Month—1954 1955—6 Mos.—1954 $3,891,000 $21,156,000 $19,460,000 Period Ended June 30— Sales Balance ' plant Leece-Neville new powerful than more Libbey-Owens-Ford Glass Co.—Net Rises— (G. R.) Kinney Co., 634,349 $3,8C6,027 Preferred —V. 16o3. p. times 108. p. !___ Sales 98,600 A $4,114,484 $4,700;9J9 • ;_ 17y, four * $90,847 profit -V. Thus, Period Ended June 30— 1,086,670 — income $62,258 income on $4,894,424 189,447 188v989 Net Interest • — .— taxes Provision lor Feuerai $5,201,154 l,ub8,738 oefore Feueral taxes the of be to used. July feet, 181, stated being 9. The new fac.lities equal to that the company on plant. ^r , . are now opening square Lerner $4,250,565 ,l-u,358 79,100 _! sales Profit $5,012,165 $6,089,647 (net; income Gross 104,000 Cleveland 1954 Six Months Ended June 30— Net n— $5,944,571 . Corp.—Earnings Lower— ^ Kingston Products 195o 1954 $25,8.2,353 $22,293,892 19,867,782 17,281,727 31— May revenues Operating expenses & fonnal announced facilities.—V. Gas & Electric Co.—Earnings Higher— Operating equipment The was , systems new similar Capital sources. statement covering 800,000 shares of beneficial to its registration The through a cost-sharing program with other . r," ' " ■* In addition 10 the producing wells and leaseholds on other properties, Kin-Ark operates a natural gasoline extraction piano near El Dorado, Ark., and currently is undertaking a major exploration project with one 01 tne nation's large oil companies.—V. 181, p. 2242. .. income and by corporate Boston—Registers With SEC— 'Investment Trust of 7 (315) The Commercial and Financial Chronicle ... systems Fund, Inc.—Shareholders Incr. announced that as of June 30. 1955, its assets $46,994,281; shares outstanding were 1,041,753; and shareholders Fund This has wera wer® 7 300. of As June 924,288 shares The 1955 a year ago, the Fund had $36,936,000 in net assets; outstanding; and 6,500 shareholders. declared a dividend of 30c per share payable July 15. of record July 1, 1955.—V. 181, p. 1675. 30 directors to stock 8 — — Louisiana Power & Light Co.--Earnings 12 Ended Months Ma) Mead Higher— _ 24,849,169 24,037,740 $6,050,241 .— operating income revenues (net) . — w—; 31,105 — Gross income _ $6,062,995 $26,079,376 $64,003,262 $51,340,317 92,053 129,952 192,835 287,248 Net $5,094,024 1,617,286 — deductions etc., 1,485,959 _ income of foehing income— Dividends $4,445,709 preferred stock— on 588,800 Interest $3,608,065 346.943 —— ______ & long-term Federal Balance —V. —_ 180, __ ___ ______ $3,856,909 ~ $3,261,122 Maule Iudustries, Inc., Miami, Fla. Registers — iIlea corporation With 4.30% registration statement with the SEC on July 15, 1955, covering 633,532 shares of its $1 par common stock, to be offered for subscription by stockholders at the rate of one additional share for each 2% a shares held the on record date. The record ♦ is company South Florida blocks, been and engaged of primarily concrette ready-mix acquiring additional rock Net of * to the payment with such the and offering acquisitions and and sale sandi, 2'/2 past or After Period Ended June 30— 2,640,268 $1,288,161 $3,786,741 $2,473,349 applied in notes issued bank 1955—Month—1954 — provision for 58,510 1,172,053 —V. 181, dividends.—V. preferred Stores 182, 1955—Month—1954 12 Up— -Consolidated Mesa Petroleum was shares income after outstanding for the provision equivalent 82 to that on three of large part 181, the It owns buying, date, V. Other ' . William to J. 81 corresponding quarter of 1954, net income provision of $1,185,122 for Federal income tax, cents that share per the on 1,845,758 shares common $1,487,144 was 30, that reported 1955 sales net $122,217,641 were corresponding period the of for the compared previous three equivalent with year.—V. months operations offices developing in in Wichita, Kan.,, operating .or. oil «nu Howard- County, 1777. p. ' ' " ■ ' Electronics New Plant and Tex. Mfg. wofk The in capacitor of also ' —V. **'•. ' Corp., In illustrated new the Eastern special .'■■■ ' meeting of half share of dividends share one the preferred stock and one$51 per unit, plus accrued stock at common on of preferred stock from July 15, 1955. 12,869,921 11,368,570 62,580,430 2,141,977 11,158,546 909,156 5,541,719 taxes__ 1,124,099 operating income after charges $2,470 985 Net —V. 181, 2930. p. the 190,000 and units 20,000 offered to sold were tn.> by public, Malcolm GIVING EFFECT TO the bank— first pfd. mortgage stock ($5 and authorized series TCommon 1955 9,493,088 321,758 * 17,834 $5,567,804 4,113,428 4,740,257 254,723 430,324 $235,129 $397,223 Commerce 386,280 386,280 Because ♦The and ment notes in are the $7,262,077 and payable, 1956. equal 220,000 shs. 220.000 shs. 1,500,000 shs. 1,345.000 shs. under the principal amounts of $2,600,000, 4% fourth per bear Aug. 3, fifth 1955, notes of rate The Aug. on are Loan $7,000,000, the at respectively. annum, on and interest Bank and p.edge amount of five notes of Lee first 15, payable of mortgage cupied 1968 as the to tNote bank thereby, final SNotes of of b cipal payable balance and and by three 1955, in notes and 20 on said shall Waterman 18 tThe five writing The subscription the as at at building installments of an and $6,060 by land to a of notes by a Dec 1 payable to U. S. Maritime the 26 ships at varying dates be¬ Waterman, however, are further mortgage, dated June 8, 1950, on which mortgages Inc., payable to its on terminal Irom banking firms which a any of 50c the comnay of a an time after Sept. 30, price of $583,333. shares Under option the of shares Net Sales compared lor the booked to under¬ 24, 1955 in¬ (the of common stock subscription repurchase such 35,000 March option of agree¬ of repur¬ otherwise dispose of such shares underwriters set forth i.nd the have selling severally agreed stockholder the to pur- respective below: 1954 Boston Securities C. V. like to which by of of half last of our it this the in least at would make ultimate consummation the board voted to request the ICC to take proceedings and further instructed officers the 75% latter this p. the shares the of outstanding each of class of the board announced, that made it of the revised plan would be futile. requirement, processing further 113. Service Co.—Bonds Placed Public Privately has placed privately $2,500,003 of 3.35% proceeds to of and Juiy our General 19 said Moab be this SEC offered Denied— in letter a nevertheless any with a have merger the over past continued circulate. to ( July apolis, a Minn., Motor suit I also can either in inquired tell the sale our you the or outside to as the which that I merger the of farm have to been for the special 32 300 purpose 83*600 directors -is ini to intend to of of seeking take five the to A a our the He directors list and selecting the of the to proceedings conduct of the join purpose new company, to Minne¬ board. of the is scheduled for purpose with him and for the 1955. asso¬ our company."—V. 182, p. for dividends, this $13,409,680, to was par value, common stock, or $1.02 per value common stock after the three-:or-one 1, on 1955. the as half of .1954. equivalent to $3.05 first the $5 stockholders on July the adjusted earnings per share. announcement will company polyvinyl Butvar Construction For $5 par shire split tie first six value common closely build a follows plant in recent disclosure Trenton, Mich., for that the producing a Butyral. the < Springfield plant, which will have a will begin immediately and is expected to be completed during the fourth quarter of 1956, Shawinigan Resins is owned jointly by Monsanto Chemical Co. and Shawinigan Products Corp. The latter is a wholly-owned sub¬ multi-million on pound Consolidation Proposed —V. new capacity, of Shawinigan Chemicals sidiary in 4, of amounted $11,597,710 in Resins 181, Ltd., — Canada. See Lion Co. Oil above. 2930. p. Monterey Oil Co.—Pipeline System Completed— removing This stated Aug. $2.15 1955 six facilities for the production of Shawinigan Resins polyvinyl alcohol will be constructed at the company's Springfield, Mass., it was announced on July 13 by W. R. Elliott, Vice-President and General Manager. of company 1954. of first with shareholders for of half .of preference par the first income companies lor the first an increase of 22% months, of last year. $207,514,258, to for the million-dollar plant inspect the attempt of this stockholder and his direction Earnings Higher— Affiliate to Expand— New stockholders' communicate them the a him and that is our County, to permit stated Vice-President a of Hennepin company to have of stockholders for himself the of stock hearing by the Court over of company minutes examine oppose stockholder Court years. directors inform to the examine meeting board past five years. "We to stockholders a and past wishes present ciates list and $2 by were This the for reason seems Reddig of Cleveland, Ohio, District seeking to compel stockholders' he S. Company the in 180. Corp.'s Gelvatol ' 15, Edward White commenced stock the for the on new months - Co. share the on $169,714,534 for provision approved would I merger rumors. I am unable to supply the answer to However, the development which took place on July 15, have a bearing on the subject. may The & consolidated its amounted 1955 of net to and company of income compared per been several most company have incident to mining operattiins.—V. expenses Chemical Co.—Sales sales the After by stating that Ford Motor Co. has advised interest in acquiring any of the assets other per to pay this of months Net • part: active employees used be to cents 30 at Monsanto •; to question. 1955, and 181, bank 1977. p. effect to the the to to June 28 filed a letter of notification with the shares of common stock (par 10 cents) to be share, without underwriting. Tic proceeds corporation on covering 950,000 over Manager, frequency heavy trading in Minneapolis-Moline stock, related loans property.—V. $1,000,000 Uranium Corp., Reno, Nev.—Files With Queen The equivalent to 55 the second quarter in in company to discussions concerning with our retire improvements and 215. p. Minneapolis-Moline other to used additions for Securities and Exchange Commission— $3,512,658, Co.—Merger Rumors seems has no be to are remainder 1601. p. year. cents a share after giving 182, on rumor have company "Many 3,400 13 300 that stock. 182, The for 6,351,906 on against $55,615,151 as $3,069,439 with. increasing that me, of no the 28!500 $7,240,898 share a machinery industry. calling 1.400 Inc of was that are to 49 associate one they business 28,900 215. first with President rounds'- answer that me or other 11,900 Co.. p. of $1.13 shares amounted split.—V. employees, The and Total 8.800 182, to persistent has to do with the possibility of Minneupolis-Moline Co. being acquired by the Ford Motor Co. Although this has been previously denied by officials of Units 3,000 Ripley equal was stock the 32 300 74,800 hoard opposition which impossible, action Missouri 1954. of compared MacFarlane, 3,400 25,500 th? advised directors new Commission. —The company in the for earnings This company's which Corp the that they represent were unqualifiedly opposed to the plan for modifying the Katys capital stock structure pending under the Mahaffie Act before the Interstate of this —V. last year totaled $7,019,778, after giving effect to the April of this year. ended June 30 rose to $114,859,161, period Minneapolis-Moline W. the meetings Co., Inc York IlcW Co., by company owners six - 28,900 Corp and Slate Street & entire effected 1955—11 Mos.—1954 quarter were $58,007,093, quarter which From Selling York New Stearns Bear, recapitalization, Sales the Stockholder acquired now plan the period shares common $112,862,824 quarter iwo-ior-one of 31, 1956 to of Corp. and Boston, to take all necessary steps to withdraw and dismiss proceedings. The Mahaffie Act requires that any plan after receiving ICC approval, must be submitted for acceptance to the company's stockholders, each class voting separately. To become effective, a plan must receive approval of the of both are is further the $33,425,668 $32,450,574 income net equivalent 6,241,62b on six-month share. 'making for of announced wua the of Sales Higher— $2,990,994 reported is comparable the second second a "On company units Allyn & with months. to the to serve on Tnomas was outstanding. share the for Second cents the a split of for Sales for $1.12 two-for-one 18 This stock common income to insur¬ company before From also being 1955—Month—1954 July company on half of 1955. first know the to 1955 and Subject or parties March Company See 31, 1955, Renegotiation Minneapolis-Honeywell Regulator Co.—Net Up— The buildings an land, of $3,825 through the dated 60,000 share. has are from agreement total price a purchased subscription White, Weld & Co Hfrriman May the 2802. p. Mr. mortgage bonds due 1985 at par with the General Electric Pension Fund and the Aetna Life Insurance Co. Units C. under currently $3,003,078 181, Ford Units A. review 206. p. elected and first on agreement UNDERWRITERS—The Union to $0.51 was business new Period End. June 30— of The First of olso were committee, stockholders no ended of chase, the firms agreed not to sell of volume '.'Rumors aggregate numbers sales Sales pricr to March 25, 1957. chase the —V. oc¬ ' Florida Terminal Company, amended, such shares at secured company restaurant provides, among other things, that to release any of said ships from the all the ships have been paid. The notes Pan-Atlantic are subject to prepayment. agreement) company ment, dollar entitled investment under a 1969. preferred be commitment vestment, subject months largely attributed by A. G. Stoughton, Chairman, to "keenly competitive price conditions" in the pipe industry. He noted that "inquiries regarding new business equal T°1963ieS P?'iab'e in mcmthly installments Sept by tenor pledge of ail acquired by Lee and an assign¬ Pan-Atlantic each on secured company secured like by mortgages on 18 of Waterman's The notes are payable in annual prin¬ extinguish the principal balance of the ships, not and fNotes of Gulf ance decline in Bennett finance Pennroad trusts, Corp. apparent secured wih 1966. 1, turn (in company insurance an monthly mortgage until all the notes of be three Miller-Wohl Co., Inc.—June are May 5, approximately ships. blanket a Waterman's Waterman will the Agree¬ $4,900,000, thereon. and Jan. and indebtedness 1360 secured in severally which to oLice on Waterman amounts tween payable Pan-Atlantic's mortgage dividends Waterman's Administration and all Waterman on and of the to the notes) which are in the stock of Waterman Steamship Corp. ment 1954, for sales encouraging."—V. 181, 3,/4%, 3'/4%, consecutive a 31, $0.30 the of fabrication presently outstanding respectively, (2) It the 1951. Board —_ quartely installments commencing Aug. 3, 1955. The notes are subject to prepayment and are secured by (1) a pledge of all the stock of C. Lee Co., Inc., and Pan-Atlantic Steamship Corp. owned by the company and an assignment to the bank of all dividends thereon and of price); value) $107,858, and and The May Act paid. of and and the Finance Committee. company's revised It five 3'/2%, 4% ; share portion The __ par A $50 re¬ liquidation shares: (lc 1954 $5,549,970 earnings per and the group represent! approximately 62% of Katy common outstanding and 34% of the aggregate common and preferred shares of the company. Mr. Thomas stated that the buying group made this investment on a long term basis. $4,603,280 _ ___ expenses— dividend Lewis committee shares 16,748 — income (estimated)—. Earnings 769,383 notes vaiue; — stock on Net 300,000 $3 and Taxes Cash $14,869,93d Thomas, investment The * Costs FINANCING 769,383 9,493,088 notes par demption the Outstanding 321,758 mortgage note S3V2% serial pfd. mortgage li4 x/i % by President. $21,869,935 14% Cum. PRESENT Authorized . payable to its Boston, Mass. (partner in State Vice-President of Slate Street Bennett, director of Middle South Utilities, Inc., Now England The group which purchased the large block of Katy common includes two which CAPITALIZATION "'Notes sold were McLean, E. Thomas, & executive $4,586,532 _. income P. Management Co. & plan the Commerce Co., Stearns Messrs. the Inc.—Earnings Decline— Three Months Ended May 31— sales to withdraw Interstate investment brokers. Total income 170,000 P. George elected Chairman of ' Midwest Piping Co., 'Net the with System, Refining Investment Other a month stock. directors voted Research Bear, $2,297,872 $11,901,083 $10,260,326 2,096,469 10,798,484 9,l5b,720 2,272,348 at on-July 14 to represent a group acquired more than 500,000 held last — this" company Niagara Mohawk Power Corp. and Commonwealth Inc.); and Salim L. Lewis, New York (partner in Co.; financial adviser to National Airlines, and a director of Trans Oceanic Corp., and of the Postal Life Insurance Co.) Oil 5,170,442 operating Withdrawn of directors newly-elected directors are: Robert Electric ' 9,337,299 taxes__ which common of pending Investment Corp.; 58,367,989 2,344,889 expenses— This offering was oversubscribed. Further details follow: Of board now 8treet May 31— Net was units company . this specialized industry like electronics. income Other Industries, Inc.—Stock Offering Completed— made in our issue of July 18 of the public offering, through White, Weld & Co. and associates, of an issue of 190,000 shares of $3 cumulative preferred stock (par $5) and 95,000 shares of common stock (par in bjr board the firms Katy elected were for recapitaliza¬ Commission. New York (VicePresident of The Pennroad Corp.; Vice-President and director, Penn Del Corp., and a director of the Transportation Association, of Amer¬ ica!; John N. Worcester, Boston, Mass. (senior partner i i Sullivan & Worcester; President and.director of Atlantic Coal Co., Boston In¬ vestment Co., Massachusetts Real Estate Co., Staples Coal Co., and Wilmore Steamship Co.; director of Holliston Mills, Paragon Gear Co., and a director or trustee in textile, utility, investment and other The The two-color booklet highlights company prog¬ emphasizes the importance of research and develop¬ McLean 10) issued of men of investment Y.— .-.V N. 1955—Month—1954 1955—5 Mos.—1954 revenues— $18,809,894 $16,717,575 $91,181,778 $83,136,056 Operating Operating 348,243 $3,745,014 8. p. corporations); Period Ended 501,793 $3,434,737 — Four 'V /-"""V.V-- brochure 1,108.460 $4,093,257 preferred stock. on 181, tion .1*. 1,931,180 $3,936,550 — ' 12-page, complex, a a Brooklyn, 51,228 $u,201,717 deductions-'—— Missouri-Kansas-Texas JIR.—Plan details further on in 59,068 $5,150,489 220 Balance •/, to Federal Mention income. etc. Dividends • leases. products, key. company, personnel, history of serving, the electronics 31-year a contlalned the years, over ment typical summary are corporation. 2694. p. $5,209,557 122,163 — engaged is and gas I". ' . See - Booklet— facilities, brief a industry through $114,419,970 180, $5,909,656 $5,867,490 of lease income—I Net Michigan Bell Telephone Co.—Earnings— Murray June Jr., outstanding date. Mr. tax, ress the after 1955 common Murray, Chairman. In 30, income 1,848,655 1954 $25,117,401 19,907,844 income— Interest leases containing 15 producing wells in the Howard- gas Field, 181, Issues June Federal the on according ended for share per 1955 $28,021,853 22,032,197 31— May revenues———!— plant operating for Operating Co., Inc.—Stock Offering—Associated selling, oil and Glasscock in with company, in $46,014,182 $44,705,590 months $1,530,975 cents Ended Months Rent Schenkosky, Wichita, Kan., in the public offering of 75,000 shares of common stock (no par value) at $4 per share, are Fenner, Strcitman & Co., New-York, N. Y., and Birkenmayer & Co., Denver, Colo. Robbins, Inc.—Profits Steady— net $1,511,300 $a.87 1955—5 Mos.—4954 ' .... which $1.7d share common 1373. p. Operating revenues———- .shares was -I— outstanding shares common per 173, 10. p. Sales Co., Inc.—June 2802, p. Micamold • —— $3,202,2J1 i,7iu,U»4 1— Mississippi Power & Light Co.—Earnings Decreased— — $2.01 of McKesson & 580,UU0 $3,051,344 1,716,094 stock common $5,867,710 in in connection notes.—V. $3,782,201 08G,00J has it 19.55—6 Mos.—1954 $8,252,733 „ com. 2930. p. $50) (par $10,273,000 $10,119 000 $50,518,000 $47,688,000 concrete years 57,470 112,117 1,241,773 $2.85 $100) of Earnings —V. $25)—————. share $1.43 $1.05 for Balance with Albert C. be outstanding —$0,462,954 181, 4,254,129 Period Ended June 30— The —V. 1,380,444 (par Sales 547. Sales 2,261.827 Net manufacturing, and delivery to are of purchase money mortgage property production (rock per 2,074,4*2 $5,619,a84 1,837,383 Dividends on preferred slock. 394,757 preferred shares shares Mercantile McCrory Stores Corp.—June Sales Increased— ; 392,107 date, 1 * . stock the the During reserves . proceeds in aggregates concrete. .facilities. p. second Earns, subscription price and underwriting terms are to be supplied by amend¬ ment. Merrill Lynch, Pierce, Fenner & Beane Is named as the principal underwriter, The 193,869 - earnings Common This 194,383 Capital stock outstanding— •4)4% preferred shares (par Securities and Exchange Commission— 27G,o21 $5,705,786 — deductions etc. Number Net 299,363 — taxes 2595. p. $5,349,263 $5,4G6,423 $3,631,344 (net) income Net — A taxes income Interest, 3,492,856 1,506,346 4,099,009 1,628,930 $2,005,823 State income on 809,802 on debt— and 1,768,837 748,220 2,169,232 expenses income Gross expenses $21,460,4*34 $-M4i,081 Id,994,041 i4,J91,818 — & 41,119,989 administra¬ and tive 50,035,181 20,829,797 25,521,563 »,,„!?(54nUi 31— revenues expenses operating. revenues- Other $26,209,328 $64,196,097 $51,627,565 $32,962,630 sold products Depreciation & depletion Net Operating Operaci..g $j<.,870,d77 income Total Cost Interest June 13,'54 $5,062,919 Other Net Months Ended May 12 —24 Weeks Ended— June 13,'54 June 12, 55 June 12,'55 sales Net j Light Co.—Earnings Lower— Minnesota Power & Subs.)—Earnings Up— (& 1954 $29,100,659 12,754 Operating expenses & taxes— Corp. —12 Weeks Ended— 1955 $30,899,410 31— Operating revenues Other July 25, 1955 The Commercial and Financial Chronicle... Monday, (316) 113. A 10,500-foot company has on July Oil completed 6 from flowing pipeline system and The Texas Co., been by E. with is Pyles, now connecting offshore the mainland in at Seal operation, Vice-President. wells located it wells of this Eeach, Calif., was man-made announced island is the pipeline to a separation center immediately north seven through E. and producing on a Number 5449 Volume 132 Beach Seal in Street Second of the rate at of barrels 1,500 day. and the a Initially these wells were produced on a temporary basis for test, the oil was .transported ashore by barge. With installation of they* pipeline completed in October, 1954, on a 1,255-acre lease on state-owned land, in which Monterey Oil Co. and The Texas Co. each has offshore a < owned diameter and has a capacity of 10,000 barrels per day. Three other lines, each three inches in diameter, also have been placed in service. One is used to deliver water to the island, another carries diesel oil, and the third is used in testing individual wells. Surface facilities on the island have been rearranged so that a sub¬ stantial number of wells can be drilled, despite the restricted area, Mr. Pyles said. This is being accomplished by the construction of a superstructure which makes possible a double deck arrangement of the well heads. An eighth well is now being drilled, and a continuing development program has been scheduled. The pipeline system was laid by Healy-Tibbitts Construction Co., builder of the concrete and steel island.—V. 182, p. 216. main island the from line oil inches eight is majority with one-half interest. The been Corp.—Acquisition— in of stock the owned by be Cayzor is Canadian a chewan. The National shares Plessey, and of stock. common 179, firm near Uranium City, Saskat¬ not disclosed. understood to involve about 100,000 Cayzor Athabaska's property consists of 18 price England.—V. company offered July on 6,000,000 at five filed 6 shares cents of The net proceeds mining activities. to be are This 181, , $386,601,381 $364,090,226 883,521,775 $81,430,623 Sales —V. New 1955—5 Mos.—1954 1955—Month—1954 2802. p. Mountain Fuel Subscriptions—Of Co.—Stock Supply shares recently offered by the company for subscription by stockholders at $25.50 per share, 188,021 shares (94.5%) were subscribed for, and the remaining the 198,990 10,969 shares were taken up by the underwriters, head¬ ed by The First Boston Corp. See details in V. 182, p. 11. (G. C.) Murphy Co.—June Sales Increased— 1955—6 Mos.—1954 $14,790,422 $81,794,593 $77,117,797 used to Filed The SEC crued interest. See also V. Apex Industries corporation Cleveland, O.—Files Corp., filed 30 June on New Chairman, on July 16 reported the company's con¬ profit for the six months ended June 30, 1955, amounted after provision of $1,956,937 for Federal income taxes, net equal to $1.91 outstanding. This of with months Total shares 988,145 profit of $512,693, cents per share on 992,445 June 30, 1954. of stock capital after tax provision shares outstanding ended the for sales the on net a equal to 51 six the share per compares $508,443, for first half of 1955 103.789,248 75,593,646 2,133,341 1,805,525 9,450,602 8,926,358 July taxes__ 1,586,316 1,462,123 7,808,841 2,747,230 2,417,950 12,712,304 2,233,343 1,860,668 9,855,224 A 11,984,141 compared as 181, New York The for Bronze Co.—Name Foundry Aluminum & Central RR.—Orders 3,000 company 3,000 The box new Inc. Deliveries be estimated an built be that announced by Rochester, scheduled are will order will East at 21 at cars equipment Shops, July on to completed cost the N. of placed subsidairy, to begin in November spring.—V. 182, it and expected is New York Port The of the Dock Co.—Sells of New York it announced A. Flanigan, 90% assets of will assets number a York New Dock Co. National above.—V. Apex Industries Corp. 160, p. 2759. Flanigan Incoming in the orders June for company's 100, increase an domestic field the any single or Canada) totaled $35,132- and (U. S. $11,893,730 of The assets for said. announcement Orders from month greatest company's history. This was field, the combined volume overseas 51% the over same month last for the month of June were greater than entire year before World War II. The Increase in volume of orders was general from all parts of the United States and Canada and applied to all of the company's major products— "cash registers, accounting machines and adding machines.—V. 181, sales Domestic year. domestic for sales any the first six months of the company's history, In preliminary report, a months six of 1955 for $2.09 a share, on smaller a said, "The earnings were calculated on an additional shares issued this year. Before considering the new shares, 472,331 earnings for the first six months would have been $2.86 a share." Bales in the first half of this year jumped to $71,743,000, about like 19% In the for any half year totaled $60,015,000. is being carried into the last half of the year," Mr. Baker said. "There will be additional production from our new plant at Shoals, Ind., and our expanded plants at New York City and Baltimore. "It now appears that these new capacities will be absorbed during the 1954 period company's history. substantial "A the of last half the the highest first-half 1954 and in Sales of unshipped orders backlog year," Baker said. in cash has Mr. Eaker said above assets at $18,243,783 The that the assets1 total current of start been added $142,386,000, or $23,500,000 1955. earnings $15,000,009 plus basis the on year.—V. a that announced dividends, citer which amount recently 131, reserves current of about $75,000,000 for plant operations depreciation—an total about will The SEC par for Mortgage Corp., New Rochelle, N. Y.—Files corporation on July filed 13 a letter of with notification the working capital, etc.—V. 144, p. 944. clceed-end This investment company, managed by Dominick & 15 reported net asset value on June 30, 1955 of $21.67 per share on the 1,080,000 shares of capital stock outstanding, after deducting the dividend of 10 cents per share payable on July 15. net The July asset (adjusted 1955) on was on June 30, tc reflect a 2-forl $19.80 per share. number offering value to shares of stockholders 1954 stock split outstanding made earlier 720,000 on that outstanding took place in shares March, June 30, 1955 reflects an this year. The offering was at completely subscribed for, so that at its conclusion, there capital shaies outstanding.—V. 181, p. 2016. were 1,000,000 assets Net Asset National Shirt Shops of Delaware, Inc.—Sales Sales —V. — 181, p. 1955—Month—1954 $1,769,363 $1,676,655 $7,772,263 2803. corporation The the June 50% The the June over a over May, ago. year July expects passenger traffic of Properties Distribution— of the on July 15 stated that the sales corporation pursuant to the Plan of of business and is proceeding affairs. shares of with its liquida¬ the stock on common of corporation.—V. the 181, subsidiary of New England Electric System, has for authorization to issue and sell to the parent a SEC of shares the $25 consideration cash a parent.—V. Central Pierce, par of common $875,000; stock of Northern the Commission and until persons 177, Republic Fenner & closing of of in p. Co. 1260. 182, Blyth Inc., Beane, dealers' 120,000 V. tures and Inc. Co., & Merrill Lynch, 18 announced utility company's preferred stock. See and managing underwriters, on July books subscription shares of 4.22% the on cumulative 216. p. $44,221,835 $33,144,748 , stock common dividend $19.61 $26.23 to reflect adjusted share has been per March of scrip retirement 14, 1955 and 30, 1955 were March, 1955. shares total value paid June 181, 1,685,732.—V. corporation, Corp.—Acquisitions— July on announced 6 the . Vice-President and director a direct will also Metalab the as L. David and Division President. Perrot, Norbute Chairman, operations should acquisition this said substantially to 1955 earnings of the parent company, and that operations are getting under way at Tube Turns Corp., in which Norbute shares a 50-50 interest with National contribute pointed out Plastics Cylinder Gas that 850,000 its acquiring & Jackson Last into move the Church it Church & and announced of equipment Norbute that stock common of planned connection to issue the with preferred shares of services of certain about the transaction. Norbute Corp., formerly North Butte Mining Co., describes the pres¬ ent character of its business as "investment in and development of acting brokers in bringing Jackson Norbute, & air-conditioning air which Co., will divisions, equipment division, operates several furnaces from operated be the a subsidiary of being the winter all types of forced best-known processors commercial as of installations to furnaces for the home. As of Dec. which of At a the Corp. an accounted for of uranium 1954 mines Norbute had year, of of Norbute Norbute $4,539,078 mining properties, —V. 178, p. 389. in and held had 1953 a one of $225,836. a demand the profit net when mining rights, total assets of Principal $1,205,635, investment lease. Knapp, Inc. William Zeckendorf, director Last loss end in Norbute 1954, investments $153,841 was 31, the note for $885,000 President of Webb from & Knapp, company's major stockholders. of $5,722, company compared disposed of with all a its related facilities and investments. Norden-Ketay Corp.—English Affiliate Formed— Ketay synchro proceeds are to be used for working capital. Director of Limited is being formed to design, develop and manufacture and servo mechanisms in England. Morris Ketay, President Corp., and A. G. Clark, Chairman and Managing Plessey Co., Ltd. have announced that arrangements have Norden-Ketay of statement income & Co. Registers Deben¬ has on covering the debentures and been named as the principal underwriter be marketed in the United States. five shares of common stock, with stock. A part of the and maturity of the debentures will be filed later by amendment. offering of 300,000 shares of common be made in Canada. Interest rate will proceeds of the financing and a loan of $12,000,000 from Bank of Canada the company proposes to construct at Alberta, a modern synthetic fertilizer plant which will include an anhydrous ammonia unit with a designed annual capacity of 33,000 tons, a nitric acid unit with a designed annual capacity of 39,600 tons, and a sulphuric acid unit with a designed annual capacity of 132,000 tons.—V. 181, p. 1205. the Royal Medicine Hat, Ocean Drilling: & | Exploration Co., New Orleans, La.—. Offered—The company is offering to its common Stock right to subscribe on 225,666 additional shares of com¬ stock (par $1) at $8 p^r share on the basis of two shares for each nine shares held. The Murphy Corp., stockholders of record July 13 the before July 28 for or mon which owns is shares (52.2%) of the 1,015,500 intends to exercise rights to purchase 530,450 shares outstanding, 117,877 shares to which it is entitled. The offering underwritten, but Morgan Stanley & Co., New not and York, Reinholdt & Gardner, St. Louis, Mo., have unsubscribed The offering is agreed to use their best efforts to sell any shares made (a maximum of as a of the other pany's funds net corporate may be proceeds will be added to the general funds be available for working capital and for will and company general 107,789 shares). speculation. PROCEEDS—The Church announced financing plan contemplates the offering of the debentures and shares of the common stock as units each consisting of $50 separate properties." mining warm as was portion of the securities to offering the 85% of the qommon and and 138,000 shares for of Co., June, firm equipment Corp. in field, exploration business in uranium and hot air furnace Saginaw, Mich. shares acquisition proposed oil industrial the Co., was additional the in machinery month, 1,310,000 also is — principal amount of debentures and new Co. which Dillon Eastman, for the acquisition of Metalab Equipment Corp. as the second step in its program of diversification in the industrial equipment field Metalab, a major producer of laboratory furniture and equipment, with main plants in Hicksville, L. I., N. Y., and sales in excess of $4,000,000 annually, will be operated as a division of Norbute. Howard Plant, formerly head of Metalab, joins the parent organization as corportaion it registration a With Norbute This Ltd. July 21, has filled with the proposed public sale of 1,150,000 shares of com¬ mon stock. The company has been organized under the laws of Alberta, Canada, to engage in the manufacture and sale of fertilizers. The two principal sponsors of the project are Commercial Solvents Corp. of New York and New British Dominion Oil Co., Ltd. of Calgary, Alberta, each of which companies will be a substantial stockholder in Northwest. a outstanding ' ' Nitro-Chemicals Common Stock— $8,500,000 subordinate The in 2583. p. July of 1954 asset 30, stock 15 filed a letter of notification with the SEC covering 42,300 shares of common stock (par $1) to be offered at $7 per share through C. E. Unterberg, Towbin Co., New York. The net on value share per certificates Up— $8,702,292 53% to airlines Northern Indiana Public Service Co.—Books Closed— outstanding). National Shoes, Inc., N. Y.—Files With SEC— The market at value Webb & 1955—6 Mos.—1954 the to SEC 1954 1955 of both periods are before provision for taxes on unrealized appreciation of investments and include cash dividends declared in June and payable to stockholders in September of the respective years, 15c in 1955 and 13'/3c in 1954 (adjusted to the number of shares now is Period End. June 30— local 13 of its up liquidation Northwest Niagara Share Corp.—Asset Value Rises— individuals Dominick, was July 26, 1955, to request a hearing thereon. Northern Berkshire purposes to apply the proceeds of such sale to the payment of a like amount of note indebtedness payable 1955—6 Mos.—1954 1955—Month—1954 As of June 30— Jackson National Shares Corp.—Net Asset Value Up— industry the company disclosed on 11. p. representing for offering 2803. p. Norbute, covering 14.900 shares of class B common stock to be offered at ($10 per share, without underwriting. The proceeds are to be used The r . $14,058,302 $14,256,144 $76,263,718 $73,146,915 181, initiated National in department President, winding in to This 2695. p. President, Carr, the nation's a month. of one mark and assets additional details a would be used for new and expanded plants between now and 1960. This amount, Mr. Baker said, is coming out of the company's excess cash from recent financing and the accrual of new cash from retained company and given interested the 648. p. in N. Airline Industry airline June when local (J. J.) Newberry Co.—June Sales Off— Mr. this year by the sale of capital stock and that approximately $12,000,000 has been spent on new and expanded plants during the first half of the year, leaving the company with a current position of $36,776,000 in cash and government bonds. This compares with the company's past posi¬ tion at the beginning of the year of $25,192,000. that noted He 181, Figures Eaker above various 1955 were the highest than share, Mr. Including 1954, —V. Baker said that earnings for the first 31% to $7,789,000, equal to $2.32 Mr. more rose compared with $5,914,000, or number of shares outstanding in 1954. a 31, 1954, shows currnt depreciation, carried at Dec. after $2,991,535 only 182, Cormody, the Berkshire The company reported net income equal to $6.51 a common share after preferred dividends, compared with $6 a share in 1953. ing. —V. Board Chairman, reported Melvin R. Baker, about the traffic company, 25,000 miscellaneous assets, total assets were stated at $29,166,246. The company had current liabilities of $1,934,911 and long term debt of $6,761,750. There were 100,000 shares of $5 noncumulative preferred and 70,000 shares of common stock outstand¬ July 21. on and balance sheet as of and capital assets, company's of Period Ended June 30— Earnings and sales for sold assets Sales Record Earnings— National Gypsum Co.—Reports In the $1,250,000 below the $3,000,000 under their about was has $24,652,280. 1879. p. of price other two Northern Berkshire Electric Co.—Stock to Parent— value. true in both the domestic and of which was $47,000,000, the the were book sale the said value assessed Sales Higher— Cash Register Co.—June Natknal R. applied Mr. seeking 9 Central Texas Oil Co., Inc.—Sale properties This area. Bee appli¬ St. Louis, 2803. p. industrial and terminal buildings It provides all rail freight, service for the the surrounding Brooklyn of Ry. H. passengers, carried were 47,000.—V. tribution adjacent industrial plants and the terminal, He declared that "very operated by the company, be to continue filed stock should be sur¬ rendered to Empire Trust Co., liquidating distribution agent, 120 Broadway, New York 5, N. Y., and upon surrender thereof the holder will receive payment at the rate of $29 per share for the shares so surrendered for cancellation. This will be the first and final dis¬ consider¬ which is plus the dollars. ol May entire Airlines Central passenger Central's Certificates the company, said the transaction real estate and 75% of the company's company's terras 29 and Cities), company's June traffic represents an increase of 16% tion and in of Chairman the in June on (Quad filed the for poration has ceased doing some Brooklyn, N. Y., for $13,750,000. property includes 23 piers with sheds, three open piers and two marginal wharves on Buttermilk and the East River channels. Also included is about 50 acres of upland area and warehouse space. H. another mark is 40,000 37,891 Arthur The physical Central 111. routes Indiana, all Complete Liquidation of the corporation were consummated on July 14, 1955. In accordance with the Plan of Complete Liquidation, the cor¬ purchasing is Moline, follows revenue Central the top the Certain Property— Authority properties of this company North that Washington, for Michigan, by Consummated—To Pay Liquidating 216. p. franchise permanent a in Board Aeronautics Civil for between North by North Despatch Y. next to operate its Carr, President, N. order an $23,000,000* Central's the calls announced passenger North Box Cars— has it H. 1. The 2931. p. basis, permanent a served now route 43,972 exceed when able" Changed— new 9,274,262 —V. before application North chargels 29 a established 7,285,103 income after Airlines, Inc.—Seeks New Franchise— Quincy, 111. carried operating retaining National 84,389,011 involved $45,730,135 were in the like period of 1S54.—V. 181, p. 2121. with $32,960,255 114,360,758 15,532,019 operating Millar, R. $1,888,852 21,217,617 17,279,463 taxes— components, the nine in subsidiaries. and Sets New Passenger Record for Local 23,796,350 Other ' J. This expenses— income its divisions system on also for revenues—.: Operating Operating of routes—one between Minneapolis-St. Paul and Chicago via Rochester, Minn.; Dubuque, Iowa, and Rockford, 111., and another between Minnekpolis-St. Paul and Quad Cities via Rochester, Minn., and Cedar Rapids, Iowa. ■ 1955—5 Mos.—1954 $ $ $ Norden-Ketay Norden-Ketay will provide engineering, design a d information. Manufacturing facilities will be located 181, p. 2803. cities Carr Mr. Co.—Earnings Telegraph & 1955—Month—1954 $ the to Telephone I' ■ . largest electronic the is manufacturer in Europe. servo-mechanism automatic control systems and application 43 Mo., via Inc.—Earnings Rise— National Automotive Fibres, solidated England Period Ended May 31— with the of notification letter a 298,749 shares of common stock to be offered to stock¬ par (50 cents per share*, without underwriting. The proceeds are to be used for working, capital. This corporation was formerly known as National Bronze & Aluminum Foundry Go. . . .. types of line will July 1. on June all cation ' ' employees, 15,000 manufactures North Central in Illinois, Wisconsin, Minnesota and North Dakota. 113. p. about component Central the C., Offering With SEC— Stock at 182, ' covering holders Private — $3,500,000 of 3%% sinking fund col¬ lateral trust bonds, series D, due 1980, which have been placed privately through The First Boston Corp., were purchased by six institutional investors at par and ac¬ Net National Association Electric & and Placement—The 2803. Proposed Gas has six-state announced Incident expenses pay Net $15,606,607 181, p. England Federal 1955—Month—1954 Period Ended June 30— Sales —V, be corporation has filed application for a certificate present Lindquist Securities, Salt Lake through share per Utah. North of notification with the SEC stock (par one cent) to be letter a common D. Period End. June 30— complete range of sizes and the first time that such a a will Europe. personnel. manufacturing 2598. p. which aeronautical istrative Navajo Cliffs Uranium Corp., Provo, Utah—Files— covering to This in Ketay Limited has arranged for Plessey, after a wide survey, to provide the manufacturing facilities and manufacturing and admin¬ was is purchase in Montgomery Ward & Co., Inc.—June Sales Higher— manufacture designs, develops and instruments, computers plants and laboratories mine uranium purchase Union's claims.—V. City, to components. manufactured in headquarters here, reported purchase of a majority of stock by the late Paul V. McNutt in Cayzor Athabaska Mines Ltd. The made these the Estate of the late Paul V. Cayzor Athabaska Mines, Ltd. has been purchased by National Union Electric Corp., it was announced on July 12. National Union Electric Corp., electronic components manufacturer The first well was produced continuously. be now can National Union Electric A McNutt 9 (317) The Commercial and Financial Chronicle ... Other purposes to which the com¬ include: purposes. applied Payment of a portion of the cost of a projected third sibly a fourth submersible drilling barge. It is presently that the total cost of construction of these barges will be (1) and pos¬ estimated approxi¬ but in view of the incomplete state of the de¬ studies therefor, such estimate is tentative. If the cost of the projected barges should materially exceed present estimates, or if Ocean should be unable to provide the funds required for their construction, it might be necessary for Ocean to modify its mately $2,750,000 each, sign plans or and engineering these for both of them. barges In or conceivably to defer construction of either the construction of the projected anticipation of barges and receipt of the contemplated net proceeds of the stock financing, Ocean has commenced negotiations looking towards a bank loan of about $4,125,000, but whether any such loan may ultimately be made cannot now be predicted. Payment of costs which may be incurred in connection with the acquisition of an interest or interests in an offshore oil and gas lease or leases, and payment of costs of exploration which may be incurred if Ocean should engage in drilling on an offshore oil and gas lease or (2) 10 The Commercial and Financial (318) Chronicle... Monday, July 25, 1955' 4 in which it has leases or aceftiife may be cannot costs presently intends. to finance the maior portion of the construction cost of additional drilling barges through borrowing from banks. It is also possible that lurther capital iunds may be needed, at times and in amounts not now determinable, lor the development of these and ether corporate opportunities which may arise, including thos? referred to in Paragraph 2 above Whether the company's anticipated capital needs will be provided through borrowing or through the issuance of additional preferred or common fctock and whether through pur,lie or private financing, will depend indicated As the above, upon'circumstances Pacific Clay Products—Earnings Up The amount of such Interest. an determined or approximated. (3) Payment of all cr a portion of the 5% mortgage note ($705,000 •at June 20, 1955). Said mortgage note was i sued in February, 19oa •and is secured by a first mortgage lien on the drilling barge Mr. •Charlie" The proceeds thereof were used to ret;re mortgage notes incurred in connection with financing the construction of this barge. nossib.e Net has It Carondelet The no federal shares of common stock, 2,235 of the 5,000 outstanding 5% preferred stock and $229,500 principal amount of the of shares subordinated sinking fund $500,000 outstanding of Ocean. debentures, engaged in the exploration for and development and oil, gas and other hydrocarbons. All its common stock is owned directly or beneficially by C. H. Murphy, Jr.. his sisters, his brothers-in-law, and members of their immediate families. Its principal office is in L'l Dorado, Ark. principally production of is Corp. Murphy principal busine s is the operation of two submersible drilling barges, named "Mr. Charlie" and "John Hayward," which are engaged in drilling for oil and gas in offshore waters in the Gul of Mekico. Since completion, each of these barges has been operated The company's under The with Shell Oil contract a rights of Shell Oil working interest in the major portion of a non-pro¬ ducing oil and gas lease in the offshore area of the coast of Louisiana, designated the "Whiskey Pass" lease. The lessor under this, lease is the State of Louisiana. The lease covers a block of 5,000 acres ot tidelands property lying off Terrebonne Parish near Whiskey Pass, identified as Louisiana State Lease Number 1527, covering Block 67, Ship Shoal area. ' I subord. sink, fund debs, due in 1963 5% preferred stock ($100 par va.ue)— ($1 stock Common value par $70o,000 cents the the 2'n?»n to tl,241,166 sh.s. the current stock offering. held shares 10,000 including Months Ended from Operating 1955 1^^4 346,749 269,047 interest:;-———— oil expenses ■—___— or —. deductions Interest, etc Dr24,928 13,724 181, 285,782 110,720 income I— profit-- Loss.—V. from $179,185 $168,435 - --— '$106,597 $57,715 — — 1442. p. SairS —V. 181, Board.—V. Ohio Hackett. the as principal Net proceeds 100,000 shares . of tins La With SEC— 181, preferred stock, at the stock common of retirement company's with the of of its sale of the preferred $52.50 the be to are outstanding used 15,000 the to and stock complete junior share. The balance will be added to to be applied as needed in connection fleet replacement program. See also V. 182, p. 217. proposed per Pacific Finance Corp. P"rPOses ... will afford tural revenues Operating expenses -Other 49.575,331 2,610,957 2,222,187 12,803,621 10,333,311 taxes— operating 53,196,126 taxes—' income 9,362,301 1,292.804 1,049,133 6,049,171 tiactors Net financing needs 01 operating income charges—..— 181, $2,159,927 $12,416,794 $10,108,487 $2,598,330 2,600,431 2,141,515 at 99.50% to and accrued int. to yield 3.56% 1, they general bank to maturity. debentures are redeemable at prices ranging from 103%. 1956 to 100% after July 1, 1961. On and after July 1, redeemable for a sinking fund at 100%. new July are PROCEEDS—The funds will and they - will add be company used the proceeds from initially .to This the to sale short-term reduce Period End. June 30- Oper. company June on the Penn Mutual Life Insurance Co. $22,000,000 4 Vh % subordinated The proceeds from of 3%% insurance the sale 4Va % , companies; capital, of the notes 4»/2% and due notes the remainder will retirement of be refund to held 1963 199 540 Lake 2.581,648 2,338,371 33,175,237 27,700,827 ievs._ $850,513 $769,936 $10,058,222 Other income directly company, insurance sonal subsidiaries, direct lending to property, with these fifth the for creased Finance, 35 645 732 used increase to short-term notes pay¬ primarily consumers wholly-owned finance in automobile sales automobiles on in states. 18 income in company the other and United headquarters in Los Angeles, from $123,752,753 Net through or engaged per¬ income $350,801 Interest, etc. $769,971 $10,058,867 $8,352,779 deducs.— income Net Preferred — 201.136 197,348 2,258,541 2,511,552 $649,635 _ $572,623 $7,800,326 $5,841,227 dividends Balance outstanding at end per *331,643 267,775 $302,390 « Com. shares Earnings 347,275 share-- common shares issued of 1,335,100 $304,848 1,070,701 $6,465,226 $4,770,526 '2,934,783 period 2,653,140 $2.17 .. $1.80 during March and April, 1S55.—V. 182, 12. p. at Loans the increased and of end Irom to 1950 through operates discounts out tanding in¬ $252,441,882 at March in 1950 to $3,806,594 $2,178,825 EFFECT Ground $503,000 ~E a R. suburb facilities The to has been & broken Son, adjacent will be structure the Cheihical Corp.—New Squibb Plant— pharmaceutical Squibb present to Chicago, available will preparatory product of square this III. January, contain the to warehouse division a 30,000 52,000 It construction and office of new a building debentures square 182, 3'/2% debentuies Notes feet due of space as compared Net Ended June Corp. 1968—3Va% Subordinated notes due —_ _ 1955 sales —__ Net profits after Shares Net Up—Earnings taxes other borrowed series Preferred 5% be stock ($100 time value) value)— 'Represents credit lines tDoes 2,850 not exercise of include outstanding ings, the Inc. and _ • — 514 499 525^00 $0.93 share President tinued to show gains over last end that of firm a corporation sales and its for Hjrnblbwer Bear, & Weeks— Stearns & six 179, Co This loss no months ended May 31, 1955 for this at Chino with was contracts incurred. for whom forth set below Lynch, of Fenner Beane & 4 V2 % Dean 1,000,003 Blyth Witter & 1,000,000 & Co._ 1,000,000 750,000 ; 750.000 750,000 Republic Co. (Inc.) The 350.000 — Milwaukee Co 182, 350,000 Shields 12. p. & Period End. May 31— 35.2.-— Co & Telegraph Co. *& revenues -Earnings Higher income - $ 4,061,000, 30,212,000 19,351,0JO 4,220,670 23,873,067 7,873,358 6,030,371 38,830,597 29,112,103 notes Aug. 6,358,084 4,555,658 31,839,140 22,047,232 181, 2803. p. earnings Cement capital with compares June 30, ment 1954, has April, Corp.-—Earnings the For tirst six and 1954. period 1954 Petoskey, The Federal cents the $1,581,976 share a 011 months share a end of the for the the for working Ltd.) California. acquired incor¬ was From time 27, 1^54, of ended or $1.11 or 92 were the sale distribution and to converting xor gasoline engines nf tanks and fittings for transportation of LP gas for others. TO PRESENT FINANCING matur¬ (par : value $2)_ 380,275 '1,000,000 shs. of the of authorized 182, 66,667 330,275 acquisition .. number Outstanding $420,000 150,000 for a 361,282 ended articles of incorporation shares 470,000 shs. effective increased was to May $18,342,260 with Portland has Inc.—Sales and Earnings $4,845,000 befora Increased— 1955—3 Mos.—1954 sales taxes.,__ 1955—6 Mos.—1954 $4,500,000 $10,070,000 $9,800,000 253,000 173,000 628,000 513,00Q 120,000 56,000 295,000 216,000 $133,000 income $117,000 $333,000 $297,000 450,000 450,000 450,000 450,000 SO.30 $0.26 $0.74 $0.66 taxes— profit ___ corporation's the and the research laboratories have, quality milk of magnesia. both, to provide modern also relief produces preparation of fast (Heavy Mineral in one reliefs—(1) combines It two-way of means mild laxative irregularity. Capsules, Cold Mistol for by of relief of colds' a specialized, discomforts.- * 1881. p. affording, of oil-milk mineral a cf corporation 181, acquisition since pleasant-to-take emulsion of Nujol finest values . Portland General Electric Co.—Earnings Increased— operating revenues for the first half of 1955 were $16,108,909, compared with $17,749,815 for the first half of 1954, according to Thomas W. Delzell, Chairman of t le Board. Net income for the first months six first six For of 12 p. of 1955 months the 12 of compared $2,754,708, was $2,302,954 with for quarter ended June operating revenues the company were $30,494,281, compared with $28,280,666 for the months ended June 30. 1954. Net income was $4,798,165, equivalent $1.60 per share, compared with $4,048,470, or $1.35 per share, on the shares of stock common 1955, 30, gross of Board Governors of Co., Inc.—Stock Listing— the American approved for listing 630,000 $1 The company and and its par whollv-nwned Progress Luminaire, Ltd., Exchange Stock common of snares subsidiaries. this Minute on July 23 company. June an annual Cement Co., with manufacture the at Cuba, and Mexico sale of a wide a Haiti and in portions and of Central and South. a i common date to shares be ended 2,000,000 barrels annually.—V. 181, p. 2803. of Buffalo, sprit in shares in earnings net $1,997,655 for the sales for the respectively. 2,625.000 N. Y., the company later.—V. will 181, admitted be trading to Industries, 2804. p. barrels, producing Philadelphia, Inc., Pa.—Stock Offered—Auchincloss, Parker & Redpath and Boenning & Co., also of Philadelphia, on July 19 publicly offered 31.500 shares of class A share "as mately $75,000 equipment West a of Pittson, to net Pa.; proceeds defray the Chain Atlas stock common (par $1) at $9.50 speculation." and are to expen es be cf used as moving follows: the Approxi¬ and operations <fc Manufacturing Co. to the new plaht at the balance to the reduction of trade accounts payable. BUSINESS—The Petoskey Portland Cement capacitv Inc., of announced Prudential per Net Co., Mount Canadian company, are engaged variety of incandescent and; fluorescent lighting fixtures primarily for residential use. These prod¬ ucts are distributed throughout the United States, Canada, Panama,. in against sales cf Penn-Dixie's $13,726,727, acquired 181, outstanding.—V. currently 2932. The .This Adjust¬ stock additional adjusted. as the 1954. months PROCEEDS—The 1955, and 3, 1,000,000 13. p. 2,523,971 on period. three-for-one a compared share to abd rena! matur¬ bank a of Gross 1954. 30, share, cents Penn-Dixie Mich., of June a tc Andrews hereafter called: "LF equipment, -such as kitchen for homes and industrial build¬ 1955—* 500,000.—V. capital subsidiaries.' The $500,000 incurred stock the The basis. same quarter net sales totaled $12,953,312 months June broker propane) 1957 amendment The Rise— < the similar period of three the 87 at to give effect to public offering of for months of to $2,317,544, Since Co. made and for or outstanding six the half corporation $2,197,996. to year. second $9,378,316 totaled this stock net earnings of equal to 73 cents been 1955, May of this For of amounted of used May (1) EFFECT bank a property Hawaii, 1955 exclusive America. Penn-Dixie and h3ing and (3) GIVING to payable 6, Plough, Inc., —V. also Petrolane, of has is heaters sal" counteracting acidity, and (2) and iubricatmg action, gentle 21,138,541 operating income after charges Net the Progress Manufacturing 6,111.000 Net be on and equipment and Magna Nujol is a 176.518,839 189.954.087 4,809.278 operating (butane 246,120,430 35.822.539 taxes— Other Park are Chicago. laws acquisition sp .ce, and gas, 15, The $ $ 50,194,630 282,869,751 39.377.765 taxes is which 1955—5 Mos.—1954 58,171,401 ' firm Theatre Irving apartment purposes.' and appliances heaters, LP payable 3.000,000 1955—Month—1954 1954 expenses Park and fol¬ manage- Building iFritzelst Building commercial, (formerly the corporation of Shares outstanding Earnings per share to Pacific Telephone Place Portage buildings, to are formed the gas Aug. ing T 50,000 Schwabacher & Co.— Fed, of Indebtedness 1,000 000 Curtis Central 1,000,000 Lazard Freres & Co Street Milwaukee many The Perlman Walton subsidiaries. notes 4'/2% de¬ Salomon Bros. & Hutzler Ripley & Co., Lake at corporate under be thd sale water ing upon new F. S. Moseley & Co.— Paine, Webber, Jackson Inc. residential $1.0??.090 1.000.000 Harriman and Pierce, 1,000.000 shares incurred on two major military contracts. have not been completed and additional losses may However, the company is expending every effort' to re¬ cover a portion of these losses through contract' adjustment claims now in preparation or pending with the Air Force."—V. 181, p. 2121. These below, 1,000.000 30, wholly-owned compares issuable Corp.— Boston p. 2372. subsidiary, Paeair, Inc., were $8 $8,633,992 for the same period in 1954. ' During the first six months of the 1955 fiscal year, an operating loss of $530,522 was incurred at the company's Chino Division. The other Divisions of the company produced an operating profit of $55,510. This resulted in a net loss for the corporation of $343,980 after gdving effect to income tax carry-back credits of $181,032. This com¬ pares to a net loss of $129,570 for the period ended May 31, 1954. Thomas Wolfe, President, on July 11, stated: 176.305. value) par acting as joint representatives, to purchase from the com¬ Merrill 3,675,003 con- appropriate buildings. under Nujol, been engaged in the development of magnesia emulsion known as Magna Nujol. banks. Glore, Forgan & Co Goldman, Saclis & Co.— The First —V. its of the proceeds to CAPITALIZATION V. $3,675,000 20 Building, tlie corporation was prescription-Voe Blyth & Co., Inc company, stated that sales con¬ year both in physical and dollar volume Corp.—Reports Lossthe 182 bentures: Net Pacific Airmotive by company named are East industrial general 1930, caiburetors product amounts 6 of storing and dispensing LP gas; >1,082,546 shs. commitment principal of ; the profit margins are showing improvement.—V. consolidated N"ne the underwriters department presently located and net petroleum use Oil) 1954 429 489 $0.73 outstanding per Herbert B. Snower. None ($28,500 Hornblower & Weeks severally made the respective pany shares 10, and (2) Profit options. UNDERWRITERS—The Co. to few Period End. June 30— 94.210 shs. 20,000.000 shs. extended those company. This Industrial District of caused Co. liquefied Net 35.000 shs. 300,000 sh.S; par par that architec¬ 14,000,000 35.000 shs. ($25 sales Building, 200 East Block, a for business g.s";- Net 22,000,000 14,000,000 - ($10 stock be given, may approximately Perlman significant The 8,650,000 —i— stock Common & Feb, has it Butane value)— par help that State-Monroe stores the available porated • all — service and selections real estate service fitting the addition, Mr. Pearlman said that other with complete personnel and facilities Building, but are by Federal 1967 complete engineering 10,000,000 22,000,000 — a site, 20,000,000 funas)— due series to up been complete of Drive Fark BUSINESS—This from $12,030,000 $11,315,000 551.250 _ has In management some of corner 30.435,000 20,000.000 „ 1966—4 Ve % Capital debentures (subordinated Operating Sales — 30— "It almost liam R. Staats & Co. 20,000.000 8,650,000 19G5 for 217. a.e Southwest 'By 119,960,003 20,000,000 1959—J due in Franklin Park, anticipated that the new p. South set in was made on July 18 at $10.75 per share thorugh Bateman, Eichler & Co.; First California Co.; and Wil¬ 1955, 10.000,000 due the recommendations, manages Shore Portage Common FINANCING company is 39 has $2) Outstanding $ 1956. feet.—V. Opelika Manufacturing Months PRESENT $ Operating Nine TO Authorized Kidder, Peabody & Co.— Olin Mathieson he Authorized States. 1954. have Gross at are specialists Petrolane Gas Service, Inc.—Stock Offered—An offer¬ ing to the public of 61,392 shares of common stock (par writing of automobile insurance in connection activities. It is believed that the company is with offices 1955. 31, the the financing branch 221 and is largest automobile finance Pacific $36,052,824 288 - now Shore Drive managed ranges, BUSINESS—The and $8,351,997 operating $43,233,459 Lake Soutnwest the by a equipped buildings jnt: in most used were through mostly 1966. due notes issue of an of and construction 15 able. 1955—12 Mos.—1954 $3,103,307 taxes— and exps. Net 1935—Month—1954 $3,432,161 revenues are PROCEEDS—The Privately—The manufacturers selection commercial a company lowing placed privately with Prudential Insurance Co. of Amer¬ ica and Preferred Operating rendering any other Departments to Placed Undesignated series Oklahoma Gas & Electric Co.—Earnings Increased— Perlman with managment and sales departments. loans. Notes 9,956,476 12,353,925 offices Mr. development and management. necessary buildings, 2303. p. new departmentalized if required, and the manufacturer." office 5,302,428 after —V. or Blyth & Co., Inc., and Hornblower & Weeks jointly on July 20 headed a group marketing $20,000,000 of 3%% debentures due July 1, 1965. The debentures were priced 4'/2% Net July 18 announced the incorporation on expansion. His 111. According to the if These 4% 10.818,748 Co.—Expands Realty Opera¬ its estate ox them services Road. Note due 1958—3% 1955—5 Mos.—1954 $84,4.5,712 $75,319,557 of real (Calif.)—Debentures Offered— CAPITALIZATION GIVING Co.—Earnings— President, and Cnicago, organization, Held Building, maturing in 90 days '223,235,000 Commercial paper, matur. in 9 months 1955—Month—1954 $17,320,869 $15,293,548 & experience that there is a great need for packaged' and well en¬ gineered site selections for manufacturing facilities. Tnerefore we have set up a very capable department headed up by James P. McMahon extent of shares funds, general the of Chairman St., Including the company Bank loans, May 31— -Operating Federal eletcted been 1880. p. Bell Telephone Period Ended has Perlman company ^alle every underwriter, to for $787,500 in President, B.) Alfred B. Perlman, of 2259. p. $4,411,407 $27,254,932 $25,971,626 2854. p. (Alfred of 1955 net sales and other income compared with $1,484,659 for the like period $1,806,564 $4,577,019 181, , 1955—6 Mos.—1954 our Official Films, Inc.—Hackett Elected Chairman— L. $492,746,629 $454,237,144 1955—Month—1954 ,7V of Harold 1955—6 Mos.—1954 $88,543,600 2803. p. Period End. June 30— quarter $25 financing, income 181, tions— corporation filed a reg stration statement with the SEC on 1S55, covering 80,000 shares of cumulative first preferred par, convertible series of 1955. and 130,000 shares of its $5 par common stock. All but 60,000 common sh. res are to be ottered for public sale by the issuing company, said-shares to be offered by The Chicago Corp. which owns 129,620 shares (27.05%) of the out¬ standing common stock. The dividend rate on the preferred, the public offering price, and the underwriting terms on both issues, are to be supplied by amendment, A. G. Becker & Co., Inc., is named oRo'na!? profit—— operating Balance * $227,983, with 12, stock, working 31— March $94,571,329 —V, totaled $32?,630, or 65 45 cents a share for 1955 This July same Oceanic Oil Co.—Reports Profit- Net of quarter 1954. of second $17,000,000 Net $0.75 Sales a u in the treasury of the company reserved for issuance to employees, of which 3,000 shares are reserved lor sale under options granted to certain employees.—V. 182, p. 12. Other $1.11 — reserved for issuance shares are 11,333 Morgan Stanley & Co., one of the agents in income compared ago.—V. year second the months amounted a for share, a —1 504,511 shares. on same For 1961 under a restricted stock option to be granted to Alden J, Laborde, and 20,000 shares are reserved for issuance upon exercise of the warrants to be sold to which Three $376,865 - share income The Outstanding $940,000 500,000 5,000 shs. * 1,500,000 shs. __—— 4% tNot $558,247 1955—Month—1954 365,000 — — per 'Based Net PRESENT FINANCING TO EFFECT GIVING Authorized note mortgage 'Of 539,000 Penney Co.—June Sales Increased— Period End. June 30— 360,772 74ths a CAPITALIZATION 5% (estimated) income 'Earnings the Co. is also the owner, subject to certain company of Co.. $2,731,197 1,628,563 474,221 ... — taxes income 1954 $3,282,675 1,711,207 —— ; Pacific Far East Line, Inc.—Registers 530,450 owns cusfcanding income expenses (J. C.) ; 1955 Peoples Drug Stores, Inc.—June Sales Up— Net La. is controlled by Murphy Corp., a Louisiana corporation shares (approximately 52% ) of the 1,015,500 company which Orleans, New BIdg., other sales of Operating BUSINESS—Company 1953. and sales Co:t company existing at the time such funds may be required. , was incorporated in Delaware on May 4, sub idiaries. Its principal executive office is 913 Sharply— 6 Months Ended June 3C— as Prudential textile Doylestown, company Worsted products Pa. and until Co. was for dentinued 1953, at incorporated the in purpose that which in Pennsylvania of time the in manufacturing business in its charter own 1907 woolen, at plant purposes were k Volume 132 enlarged Number 5449 include the to The business the of metal of manufacture products the and Rhlnelandcr cor¬ by amendment to Prudential Industries, Inc. porate name was changed main falls into two corporation now u categories, Net namely: (I) engineering, design, development, production and assem¬ bly of precision electro-mechanical equipment and parts for the elec¬ tronic industries, transmission former and roller chain activities under the activities through on Chain & through on division of Co. a the and the company roller chain GIVING EFFECT debt of (as June Class A common stock B common stock ($1 V. 182, 27, —V. i 31,500 shs. 133,725 shs. Commission— This investment company, filed an amendment with the SEC on July 19, 1955, to its registration statement covering an additional $413,600 of Quinby fv Plans accumulation of stock common Kodak Eastman of Company.—V. 1X2, p. 114. , and Radio Corp. of America See Whirlpool Corp., below.—V. 181, 2697. p. eight-year, an end Co.—Capacity Increased— President the of V. $25,000,000 company.—V. 181, In Transportation Corp. will be issued to notes The York New Co. Trust for agent as a will advance the money to pay for the equipment under a conditional sale agreement. The corporation stid it was able to get 85% of the money required of group to financial buy the with San delivered amount exact said the Stock The of the during third quarter of this year. as delivered, is not known, the price, purchase 181, p. 2932. Agency, but it will be more than $4,000,000.—V. order Rayeiner, Inc.—Profits Rise—Sales at New High—Ex¬ the first of half Arranged— Placement Planned—Private for Profits 1955 $8,045,515, were $3.54 to equal gain of 35% over a net of $5,940,369, or $2.67 a share on 1,989.942 shares of common in the like 1954 perlcd, Clyde B. Morgan, President, announced on July 20. share cn Converted to per of 1 V2 $1.42 2,097,507 the shares for share per sales Net in • sales of in production of accounts acquired In Sales net income, placed with owned, Mr. resulting effective from July new records Morgan said. Issuance the equal earnings 1, marked the production in Pine Alaska $40,916,666 high level the months sales from the June, 1954 and consolidation six Cellulose & in interest in with reflects increase company, dollar tonnage and in compared $70,347,291 were The 1954. controlling export a common established throughout mill Jesup new of share this period half ol first the common, common. again company as well as of shares each new The shares new Hi Ltd. December, 1954, which Rayonier further and gains sales. five and of tons mills Rayonier chemical The the in cellulose, United pulps paper that the had company increased "operated as cellulose mill announced of tons 100,000 later under the in annual capacity This, year. at a with other capacity together raise the company's overall tens of cellulose per year by the end of 1957. now to 900,000 will way, company earlier this fnortth concluded arrangements with the Prudential Insurance Co. of America for a 25-year loan of $100,000,000 33/4%, requiring Part of $15,000,000 of corporate funds Rayonier and Alaska Pine, as well as all of Rayonier's outstanding preferred stock. The remainder of the proceeds will be used to finance the construction of the mill.—V. 182, p. 13. the proceeds material sinking no fund for payments ten years. order it Inc.—Seeks SEC Exemption— announced was July on has 20 applied the to primarily engaged in a business other than that of investing, reinvesting, owning, holding or trading in securities; and the Commission has given interested persons until Aug. 3, 1955, to request a hearing thereon. Companies so engaged in such other business may be excepted from the definition of investment company under the Investment Company Act. For a number of years, Real Silk has been engaged in the business of an manufacturing declaring San men's and children's operations changed to value of wear. order The available the acting was to 1951 In activity. invest securities; to $2,023,000 in $2,953,000, Since and during the past few other women's wear and it has been curtailing its whole¬ in securities which on exceeding 40% its 1953 charter was and at Feb. 28, 1955, it that date had a market of its assets 011 unconsolidated an of its stock 181, 1CG0. p. July at and Lodge No. 1937 International Association of cn July 7 reached agreement on a pension plan covering holding membership in the I.A.M. The agreement covers employees in the union working for the company on or after Jan. 1, 1955. The entire cost of the plan will be paid by the company. John J. Ryan, Vice-President for Industrial Relations, said in a separate statement that the pension plan will be offered to the four unions repersenting that not a other retirement in repersented employees will plan collective a in be the He company. established bargaining for fur¬ other em¬ said.—V. 182, Period End. June 30— group.—V. 180 1955—3 Mos.—1954 $ Net t & , shr.__ cam. $1.50 the neumber of shares outstanding corporation The had 1955. of 30, shares As outstanding. holders authorized standing.—V. 182, 31, Republic's two-for-one a p. 15,325,946 March At common 1955 shares there annual split were meeting of 432,609,292 of This the 7,643,523 May common as of common 11, stock stock¬ out¬ 13. Sales this of V 257. mounting reports net profit for the six months ended June 30, $3,416.£39, equal to 41 cents per share, after provision of for for Sales of increase an Federal income tax. compares after against $23,726,233 for the like period in 443% of Consolidated $244,394, compared net Consolidated $119,924, 1554.—V. 181, p. fiscal all-time in records were set successively and April, when they climbed to monthly totaled $584,736, quarter was was Homes' Scholz wid estimated, President—V. before income, 181, second taxes, fiscal $12,000,000, be the for first the was $576,467, in April, 1954. Net earnings for the quarter also showed a healthy increase of 31% over the corresponding 1954 period, mounting to $134,118, or 28.2 cents per The share. common 1954 figures for the same quarter were $101,181, p. 2932. 999, and 20.1 cents a share.—V. Corp. America—Current Sales Increased— of 2123. —V. 181, 2804. p. , stock mon — $1) (par marked July 20 to year according end Feb. 28, to Donald J. 1956, It Scholz, of completion remodeling empire All the firm's at described over to the feet, square 112, p. filed a registration Canada— Toronto, Ltd., Canada, of Exchange Commission— Registers With Securities and Fund and employment to 67. Fund Scudder of looms to 322, number the SEC 011 July statement with covering 250.000 common shares. Organized in 1953 as a Canadian investment 14, 1955, to provide U. S. residents a "medium for investment in the securities of com¬ panies deriving their income from sources outside the United States, particularly Canada." the company has outstanding 1,000.000 com¬ Authorization shares. for pected to be sanctioned by the The underwriter is Lehman value asset per additional Whirlpool Corp. 250,000 shares is ex¬ of of P. U. act SEC the end result The progress July 11 was $40.31 in corporation on the , Societa Indusrielle de that company show en¬ backlog of orders on hand capacity, at least, Jan. 25, 2.000.000 1955. to the a letter of notification with the stock (par $2.50» to be offered fox- to repay certain Mecanique et Carrosserie Auto¬ on July 18 approved payment of a gross dividend of share, which will result, after the deduction of 1« « in a net dividend of approximately Frs. 750 on each Simca capital share payable on Aug. 1, 1955. When the dividend oxx the capital shares underlying the outstanding American shares has been collected the French francs will be converted into U. S. dollars after which the dollar amount payable per American share, the date of pay¬ ment and the record date of holders of Simca American shares entitled to receive such dividend distribution will be announced. Two Simca American shares represent one capital share.—V. 181, p. 2245. shareholders The 914.60 Frs. per withholding tax, Co.—Receives Navy Order— Solar Aircraft order has just been received from the U. ships that augurs well for the company, Edmund and Genera! Manager, announced on July 19. significant A of Bureau S. Navy T. Price, contract calls for Solar to design, develop, test 300 kw„ GO-cycle generating set, using the version of Solar's 500 hp. Juniper gas turbine engine and Navy's deliver one speed packaged mover. unit is , to be delivered to the specifies It must be ab)e operative in 10. seconds or be con¬ as a „„„„ Navy by December, 1956. to function automatically, less, after need arises.—V. The and 131, 2933. Southeastern Public Service Co.—Earnings— INCOME STATEMENT FOR YEAR ENDED CONSOLID \TED MAY 31, 1955 Operating revenues Operating expenses <--/ to year. stockholders increased the authorized capital shares. In the letter accompanying the notice calling that special meeting of stockholders, the stockholders were advised that the company then was negotiating for an acquisition of' the shares of stork of a corporation that the board of directors believed would enhance the value of Sentry Safety Control Corp. On April 7, 1955, the President and General Counsel of this com¬ pany met with the controlling stockholder of the company whose shares of stock were to be acquired and were informed that the On from filed ("Simca")—Dividend Approved— mobile must operations of at 12 proceeds are to be used to obtain additional patents, and fqr working capital.—V. 179, p. 2476. The 50. and earnings. It has a the plant profitable, July covering 8,677 shares of capital contract Corp.—Plans Expansion—M. A. June 27 said in substance: the operate to of of 181, loans, the ware. 1955 upon subscription by stockholders at $5.50 per share on the basis of one new share for each 10 shares held. No underwriting is involved. The net plant in Mannington, W. Va.. Sentry Sanitary Corp., a wholly-owned subsidiary, manufactures vitreous china sanitary plumb¬ ing $7.50) in place of each share of the paxto approval by the Federal Power Commission, Commission and Counsel for the company. A 1980. p. At the charter meeting of stockholders has been called for Aug. 23, the proposed amendment and related matters.—V. special to p. Co.—Proposed Merger— Abrams, President, on Co.—To Split Stock— 12 approved and recommended that (par subject $15, California stant p. stock common the President 181, p. 50. below.—V. 181, 7 corporation be amended to effect a reclassification and split-up the common stock so as to give common stockholders two shares The on Power directors 011 July prime See 257. company Fund's shareholders on July 28, 1955. Brothers, of the Fund share States dollars.—V. the p. share by William R. quickly oversubscribed. per the as construction of a completely new plant, piece by piece. equipment has been replaced—no machine in the mill today seven years old. The addition brings the total floor area to the This weaving mill France, Germany, and Italy. the plant remodeling in Altoona Switzerland, in Schwarzenbach Mr. at program $11 at Smith-Dieterich Corp., N. Y.—Files—Rights— $1,000,000 expansion a Altoona, Pa. Robert M, Schwarzenbach, President, disclosed that this firm's decision to expand in Pennsylvania had been made despite the fact that it pays wages here 11% higher than the national textile average. This company is affiliated with the 129-year-old Schwarzenbach and 182, Pacific Sierra The of The 011 Stock Offering Oversubscribed—Tbe offering to the public of 225,000 shares of com¬ recent Schwarzcnbach Huker Co.—Plant Completed— Ceremonies 1955—25 Wks.—1954 $5,299,721 $30,975,519 $27,778,004 1955—4 Wks.—1954 $5,628,869 Sales value 2584. p. In March, when $688,093. May's second only to the ail-time April mark, for any month company's nine-year history. The previous all-time high was $591,332 of cents per share. 35 or for Sales is . to $44,094 of the like quarter of last year. income after taxes for the first quarter net corporation Earnings Higher— and its subsidiaries, it was announced totaled $2,284,274 for the first quarter against $515,177 in the like period of 1954, as this 011 the Staats & Co. and associates, was 1 by 1954. New sales corporation 1955, 31, May couraging with net profit of $781,146. equal to 22 cents per provision of $600,000 for Federal income tax, for the correspondmg period of last year. Total soles for the six months endirg June 30, 1955, were $71,760,386 share, p. recorded hydraulic excavating, for Sentry Safety Control 1955. company $1,685,000 a are Record Sales Marks— were earth-moving and materials handling devices small-sized tractors. quarter totaled $1,864,161, nearly $400,000 better than the previous record of $1,480,619 set in the corersponding period of Siegler Corp. persons $1.65 June 30, Rexall Drug Co.—Reports Higher Net Profit— 1955 of the Introduction of the its Silver Jubilee Year 011 modern new multi-million dollar marks ended May 31, continuing the general upward trend of the past several months. A fourth record, topping any month prior to the fiscal quarter, also was chalked up, according to W. A. Romain, President. The firm ranks as one of the world's top manufacturers and distributors quarter Period End. June 25— 24,791.945 outstanding on two sales all-time new fiscal the by Donald J. Scholz, President, sufficient The Three in Pa. 650 Seeger Refrigerator $ $2.63 $0.91 the basis of *On June per . $ 307,411,419 218,139,584 570,684,791 22,944.806 13,712,933 41,137.071 rev oper. income *Earns. (bl 1955—6 Mos.—1954 $ each 1080. See details in V. United (& Subs.)—Earnings Rise— v Sales and exemption which was continued Homes, Inc.—Sales and Scholz Net ' (a) San Juan Uranium under common control; and already employed by Schick in Lan¬ caster, with this figure slated to rise to 1,000 when full production is reached later this summer, Kenneth C. Gifford, Board Chairman, mon 2123. Republic Steel Corp. ■ offering price of for an issuer, its 25th anniversary corportaion opened dedicating Lancaster, corporation employees stated the this formally by 15 plant is Republic Aviation Corp.—Pension Plan Approved— ployees aggregate limitation not was that are pursuant to a Regulation A shaver, 220.—V. Machinists p. exemption A Sept. 11, 1953, commenced an offering of $295,500 on Commemorating electric amounting ther and were $300,000 in affiliates, and Regulation that the in the exceed the portion thereof was withdrawn June 25, 1954, and the offering by San Juan Uranium was made within one year of the com¬ mencement of said offering by Arkansas Minerals.—V. 182, p. 13. textile other issuer; (3) failure to property to the com¬ the unsold until 95.000 - that Uranium offered Minerals According to the present application, the company has "no present of holding at any tun? investment securities with a total cost in excess of $3,000,000 and seeks exemption 011 that basis. Intention This and asserts t$l.45 t$0.80 $1.00 tAdjustcd lor stock split-up of one shares outstanding, distributed Jan. 10. audit. Sherman Products, Inc.—Sets to Juan San predecessors basis. —V. further securities Arkansas and for share 1955.—V. 181, p. More (1) the failure to disclose an affiliation Arkansas Minerals, Inc.; (2) false in¬ wit: to Uranium $1.62 paid (per share).. to year-end adjusted additional 1,480,063 $3,256,188 1,498,407 offering whom the consideration was paid for such assignment; (41 failure to disclose that the proceeds of the sale of stock were to be used for purposes other than those set out in the offering circular; and (5) false information concerning payment of a finder's fee as compensation for locating a mineral deposit and enabling the company to acquire its lease and option to lease. be to manufacturing and permit it invested it its it had Juan concerning persons in control of the the persons whom the assignor of the identify pany merchandising hosiery; products to include and expanded years sale the the purchasers" of the stock. upon formation be used along with approximately to retire all present indebtedness of corporation, for that believe" to cause *As 1,648,119 — share., common 11,371,967 353,947 1,173,823 $3,661,204 2,259,603 taxes outstanding-. stock common per dividends Cash will Real Silk Hosiery Mills, This deceit or information, between ended SEC fraud Approximately The at "reasonable of Earnings particularly, it is ai.eged that the offering circular used in the offering and sale of the stock was incomplete and inaccurate in respect of another location be Shares permanent. income income Net Schick, Inc.—New Plant Dedicated— chemical to has a Federal 011 it 13,154,008 436,423 1,426,938 amortization and for *1954 1955 $20,326,692 $17,635,988 , capital working its by $6,936,060 during the six months period. Earlier this year Rayonier announced that it plans to build projects that the east by fall 2519. p. (& Subs.)—Earnings Up— Gas Corp. expenses Provision on March 18, 1954, filed a Regulation A notification with respect to a public offering of 599,000 shares of its lc par com¬ mon stock at 50c per share, which offering was commenced on or about April 9, 1954. In its order suspending the exemption, the Commission company 181, May 31— Depreciation made or and Shoe disclosed was vacated be 1956.—V. Depiction Exchange Commission pulps. paper It the from 292,214 should Arkansas Minerals States amounted and fine papers, compared with 231,428 tons sold in the same months of 1954. Sales— from Alaska r-ine mills amounted to 74,079 tons of chemical cellulose to and in other income.^. and sales Costs Okla.— City, Oklahoma Corp., Offering Suspended— asserts pansion Uranium Securities methods in the cake bakery industry. that the products will be available in believed is nationally sometime Shamrock Oil & $8,939,780 $9,383,512 July 20 announced the issuance of an order temporarily suspending the Regulation A exemption from registration under the Securities Act of 1933 for a stock offering by this corporation. The order provides interested persons an oppor¬ tunity for hearing, upon request, on the question whether the suspen¬ sion be are interest rate over five years, annual Juan increased sales because of new products, established a new Bakery Division, which will of egg products that promise to revolutionize has family a Six Months Ended . to cars The which 2%% new cars at a balance at 2%% the The < institutions market and This American corporation soon Net for Establishes — greatly of anticipation this 2804. p. Kansas Inc., Topeka, Foods, Bakery Unit— 1955—6 Mos.—1954 $1,677,065 $1,802,332 181, President, said late last under a revolving credit 415. p. production 1955—Month—1954 Sales , 181, Menzies, C. D. August, Seymour 2245. p. and plans borrowings of It —V. corporation has asked the Interstate Commerce Commission authority to issue $4,000,000 of promissory notes in connection with purchase of 200 new express refrigerator cars from General largest and outstanding- debt by the month. The loans were obtained arrangement established in January to provide Servel with operating capital until excess inventories and overdue accounts receivable could be liquidated. The loan matures Sept. 30. Another $2,000,000 will be repaid In July and the final $2,500,000 instalment In August, Mr. Menzies said.— 2128. p. Rose's 5, 10 & 25-Cent Stores, Inc.— Sales— Period Ended June 30— Express Agency, Inc.—To Issue Notes— Railway 172, above.—V. repaid $1,500,000 of its $6,000,000 of to pay the remainder of that The corporation has is observing the activation of its third generating unit, it was announced on July 20. and Air To Merge Stove — have also investigated several offers to shares of stock of other companies.—V. 181, the and assets 962. bank construction project, the company's 70,000 kilowatt generating unit joins the two 24,000 kilowatt generators in a triumvirate of power planned during the middle 1940's to accommodate expected increased power reuirements throughout its fast growing territory. Lovett plant, located on the Hudson River at Tomkins Cove and originally known as the Hudson steam plant, was renamed on June 19, 1953 in memory of the late Fremont L. Lovett who had served for 26 years as General Manager, Vice-President, director, Conditioning Divisions With Seeger and Whirlpool Firms not officers Servel, Inc.—To Retire Bank Debt— Tire & Rubber Co. Culminating Quinby & Co., Inc., Rochester, N. Y.—Registers With has terminated. $1.99 company electric week. one contract company's acquire p. Pictures, Inc.—New Control— Radio General This Securities and Exchange $2.27 share Rockland Light & Power 217. p. $1,074,873 2741. p. The the deal been The $719,055 406,275 shs. 133,725shs. par)__™_ See approximately done. has 1,305,048 $1,223,360 common of 2,379,921 • and the of stock of that within the course To the present time this has not been been returned signed or unsigned, nor certificates, would be delivered to the Sentry Company company, and state S., 1,431,947 per 180, RKO Outstanding $750,000 1955) par ) ($1 Class 2,655,307 , (U. taxes income Earnings FINANCING PRESENT TO Authorized Long-term Net Manufacturing Co. CAPITALIZATION income Canadian! wholly-owned subsidiary corporation a for the and complete the transaction calling for the shares to prepared were contract 1954 $16,112,176 $15,537,575 1955 30— June sellers (& Subs.)—Earnings Rise— Paper Co. Ended sales Provision a Products Precision Atlas carried are Atla:. called carried are of cane above of Months Earnings before income taxes complete line of power the sizes known as bicycle chain. The manufacturing (2> Nine 11 (319) The Commercial and Financial Chronicle ... Operating income in,oiu income- Other 10.000.000 Income Income deductions—subsidiaries —V. _ deductions—Southeastern Public Service Co for Federal income taxes Provision Net $1,920 income Gross income 182, p. 114. *36,^3 18 ' H 640,100 $354,939 12 (320) The Commercial and Financial Chronicle Southeastern Working capital at June 19. 1955, increased, to $4,308,829 compared $3,509,313 a year earlier. Ratio of current assets to current liabilities increased to 2.7 to 1 compared with 2.61 to 1 on June 20, 1954—V. 181, p. 1678. Telephone Co., Tallahassee, Fla.—Regis¬ This S3,000 sale shares $10 15 filed public oflering by amendment. will be stock applied, price in offered be to covering statement for headed by Scott, and underwriting group The proceeds registration a common par underwriting an Inc. be supplied Net July its of thfough Mason. to on company $1,950,000. —V. 176, of which Horner terms & Standard had been expended April at This corporation for one year from Southern New ing thereon.—V, Net $7,262,334 Operating expenses..... 4,923.169 4,477.921 23,799.703 21.871,190 904.839 792.455 4,363,712 3,997,013 taxes... 354,746 340,111 1,783,321 $1,079,580 $965,995 $5,228,541 913,801 820,899 4,445,209 4,111,714 181, ' for SEC 182, have 181, Bank of until July New York; 26, the and 1955, to 1955—Month—1954 $5,711,559 Investing Corp., New York, on July 18 offered pub¬ licly 1,250,000 shares of common stock (par 10£') at $1 share as and for operating capital and net of proceeds for reserve —V. from modern a $5"654,102 Authorized stock 10 cents)— (par BUSINESS—Corporation 1955. Its company's general officces Memphis, Ark. 'West The company West Ark., approximately is estimated posed to made ready legal 300 the together time State only and racing is of and of meet at 317 and with parking area $630,000, exclusive the in of 2300 of land. a during permit and automobiles is It 1955 if the facilities granted. Dog racing Is the of as sale contemplated of the above unless be capital to It is the opinion of days to complete the of substantially all the securities offered Is necessary to permit the completion of the presently proposed facilities and If the the to racing according to revenues admission permit plan, will the fees, is the granted, parking charges concession agreements have tb?t favorable Under (10'/; the of ) contracts laws the of will retain 101, p, 2805. the built that similar into of sources but and the the will company to each ten is which based and, in ten cents. ' " ' ■ ■ 1955—Month—1954 Other Net N<=t 44.612,987 expenses. —V. 27.495.453 26,430,429 134,319,863 32,930,815 27,266,071 3,159,925 17,380,183 15,826,314 6,922,193 5,949,522 34.035,989 29,019,646 6,453,798 5,433,116 31,803,758 26,510,488 ; a binds and Nichols, Mr. Public plans company about to Service sell $3,000,000 Co.—Plans privately in next preferred stock, Chairman. Nichols : said that $10,000,000 according to be . of record cumulative ♦The to The for Its 1955, 1, 5Ya% "cumulative for at the 48!/s period cents stock of the May share, 16 to this issued by to authorized the amount of prepayment $7,200,000 the 1, companies Barnsdall Oil Bay feet gas products gas of per gasoline will plant day b? designed of plant will The gas Red which will wells be furnished gas on some 21.000 process to 1.001 royalty land, 2.051 construction should present merger interestin producing leases for to contractor be the 13 and plant will new producers gas producing gas delivered by the February, on Sept. 1956. the on in In in —In Good Cash Position— Sponsored by the Hirshhorn financial interests, Spanish-American Mines Limited has $1,543,005 in Us treasury to date, it was announced on July 13. A further option if exercised will provide an additional $1,000,000. Spiegel, Inc. (& Subs.)—June Sales Lower— Period Ended June 30— 1955—Month—1954 1955—6 Mos.—1954 $8,990,398 $10,455,882 $54,876,162 $54,694,502 f«,es « •«—v. 181, p. 2805. situated The net be proceeds used to The Springfield (111.) oJrihe corP°ra^on cove"ng °n 10.000 Downtown June filed 30 shares of Parking, Inc.—Files— letter a common ($10 of notification stock to per share), without underwriting. The company's office is located at 1020 Illinois Standard Oil Co. *LWaS this ■01 90U or of of of in Texas of acres, the be taken the in fields, operators has already completion to the from net out of and Kentucky are Eligible employees compared 50 cents con with to 4% each nbution will are par Plan— that approximately 23,000 employees eligib'e, have signed up for the new permitted under dollar be at of to the in went into to 6'/ up effect of July their total 1. uav former plan. The company will add employee's savings. The company's an Invested that save Standard Oil Co. (Indiana) company was The ioi, 2520. p. stock- Corp.—Sales and Earnings Up— The corporation has reported earnings of $1.05 per common after preferred share dividends on sales of $10,752,892 for the six accounting periods ended June 19. 1955, compared with $1.00 and $9,796,050, respectively, for the corresponding periods ended June 20, 1954. The company s accounting system is based on a calendar ol year 13 periods of consisting approximately four weeks each. the. C,°?pany's Flex-Vac and p-ckaglng % double the Saies of of Walter last company's Sheehan, stated , it The is all report were the of the pre-operation expenses of plates as adds that that current current Board, which also and expenses consolidating paper plate operations been written off anticipated reported 50% pro¬ capacity paper plastic operations have been started J. The new plant will was demand of Flex-Vac Fonda Chairman that plant and the Division and new have produces into one packaging John A. the new at the termed increased year. J. coast which machines, manufacturing, to meet the the B Fiesident, n. packaging present Dmter^als n ahead Division, ^ y?ar' Partial manufacturing Division s new plant in Clifton, N. * vide materials Keenan, Clifton, company's plant 50% Closure the west high level and on incurred. of project Tulsa, 181, Muir is and rates at will a be maintained. 500,000 of and owns Park, horse a loans per ♦Pursuant to the to holders the and of its preferred <fe B. & slock stock each share of preferred pany the who, together with members of 45,000 shares thereof of shares tThe tractual be of interest advances of The preferred so stock bear J. C. families, have the racing gen. & 6% 181, per p. of to cause Net expenses—_ alloy and 20,000 $4,000,000 in in of intangible drilling Co., Inc. Bala 15.000 Co._ 5,000 Co.—_______ & — 5,000 Sloan Co.— 5,000 Co & 5,000 s -i__ Williams Stokes 5.000 Co & 5.00O' Co & Davis & J. R. 10,009 Co. & 5,000 3,pOO1 Co 2,pOO Magill, Wareing & Johnston 2,000 I Phillips Investment Co., 10,000 182, p. & 5,000 Co Levy & Co Murray 5.000 : Inc. 20.000 Co._ Inc.. 2.<SdO — Southwestern Securities Co. Woods 7,000 2.000 2,000 & Co. 52. debenture be offer for The the holders to of Mailed July Be Its stock common of 27 record 1965 at ol" par. the on basis each common mailed on Government Contract— corporation has been awarded a subcontract to provide titaniumfor the Air Force's F-100 Super Sabre, it was announced on 10. McCwlloch, Angeles, Calif., and of President, plant the the said of North record of 755 miles an order fighter received was American air-superiority Aviation, which last titanium the of TEMCO he said. the prime set a I* the subcontract requires TEMCO to methods necessary for alloy, from Inc., year hour. McCulloch said determine from Then design tooliri? manufacturing required parts will undertake fabri¬ the company parts themselves. currently dilferent military is I manufacturing titanium aircraft types.—V. 181, p. assemblies for thiree 2626. ^ ~——1954 ^ ♦ $57,464,351 21.321,197 $36,143,154 1,054,184 Tennessee Gas Transmission Definitive office of first for Manhattan and First $8,343,356 with $9.62 $19.76 for is costs of principally depletion, oil and gas de¬ increase wells Bank and M. bonds for Place, of Co.—Definitive Bonds— f 3^8% series temporary bonds New York, Chicago.—V. 181, p. due at Y., 1974 The and are Chase at tHe 2934. I Chemical Corp., Houston, Texas—- Refinery— on July 15 announced plans to proceed immediately of a privately financed $26,000,000 alkylateplant in the Houston area. Estimated date of December, 1956. Equity capital is being provided by butadiene is Loeb, Rhoades & Co., New York investment of resulting N. construction completion Carl , by avgas the pipeline in exchange Exchange National This corporation < caused 43 Texas Butadiene & Plans Large provisions mortgage delivery Bank, 12,403,242 subsidiaries. income severally » Underwood, Neuhaus & Co. Corp & 12,398,629 etc debentures, net Ed Shawell Reed Co Sulzberger parts cation 23,237,374 —V- losses & Co <fc Robert E. 10 090 $4,063,281 NOTE—Decrease Allison E. Hoffman-Walker 10,000 manufacturer con¬ 1,307,781 on & the and underwriter Shares M. Mason, Robert Los of $36,929,040 $37,197,338 20.467.130 16,450.749 wells share ♦Including interest the acres , income per underwriters such 20.000 Tenenbaum world speed $58,858,633 i Earnings holds in gross . TEMCO Aircraft Corp.—New This 50.003 sale The annum. 1955 abandonments, 1,344 also leases gas 50 shares of stock, or 100 rights for a stock will go ex-rights on July 22, 1955. July 27. The debentures will be convertible, into common stock at the price of $33.75 per share. Subscription war--, rants evidencing such rights will expire at 3:30 p.m., New York time, on Aug. 15, 1955.—-V. 182, p. 257. 1081. income and several Crockett Corp debenture. available lentais land, company and its total¬ located com¬ geophysical. .Total ♦i^ease leases of acres The which 40,000 — $500 a Julv the $35,621,259 Intangible drilling costs of th° Labouisse, Warrants will ' Balance Miscellaneous of stock Kirk- Co also V. Mr. administrative the which payments from 15, of is minimum on May 31— & in Stockholders will receive subscription warrants to subscribe 1955 underwriters. is Gross & thef gas proven July 27, 1955, rights to subscribe for $2,396,500 principal amount 4**4convertible subordinated debentures, due July Superior Oil Co., Los Angeles, Calif.—Earnings Off— taxes for percentage of of oil and are follows: Turner— Thi.s corporation will approximately own agreed contingent by operating income Production, operating, geological, the various oil and gas leases in which is 10,060 acres, or 5,934 net TelAutograph Corp.—Warrants and acre? at working in approximately 4,739 by interest names as Co & Weil, Wheat See 747,500 shs. company 1 9 Months Ended & Hallowell offering to convert their shares shares of common stock for their mortgage interest.—V. no the principal stockholders stock, the on gross 20.000 National Peltason. right 3Va exchanged, common rate ■ ., stock. such to ratio totaling covered the Oklahoma oil £he acres production 2,952 oil situated produced wildcat gross of acquired small a in equivalent 2.836 20,000 & White Co. prop¬ Okla¬ "None common the and overriding interests acres two of leases gas on gross and be 20.000 Howard, 68.000 1 agreement, into in producing Kentucky, part leases producing. or common are — Horner Texas ""BO,000 shs. share) underwriting has 1.020 to covering Inc. Inc Brooke 104.000 $4.80) (p?.r thereafter, acquisition. production gas and Robinson-Humphrey Chas. $472,000 i. advances 25c non-cumulative preferred stock Common stock warrants-Common stock (par 5c < ; on Sunshine operates and oil working of snares Newton Co., are additions of owns leases Illinois of Indiana a purchase Landstreet Scott, shares common construction, days Indiana, the company acres acreage owns Investment The 2520. p. company 593 net acres are proven and the total acreage under company owns overriding royalty interest amount to 2,836 1,001 royalty acres, 663 of which are proven. trick. pa is Co., the Shares Field the of share. per principal it gas for which unproven, total Guerin Clark. $1,000 bank preciation, backlogs continue production the of tMortgage payable tLong-term contractual 300,000 Standard Packaging sale $5 will thereof which to Eppler. the trans¬ follows; as Current shares v. the and oil the proven and Illinois or agreed 49 and two started. Engineering project.—V. loans, for new working capital. of States 248 company Lentz. Dies,er bank for and wherein the of to which land. the County of track, located midway between Tampa and St. Petersburg, Fla. The outstanding capitalization of the company as of June 15, those progress-sharing employee-savings plan as offered the Bldg., Springfield, 111. (Indiana)—Savings announced on July 9 company, be with from repay improvements, of Illinois, proven acres payable Illinois States Sunshine Park Racing: Association, Inc.—Stock Offered —A11 issue of 500,000 shares of common stock (par five cents) was publicly offered on July 18 at $1.50 per share by Hunter Securities Corp. and Gearhart & Otis, Inc., both of New York. Concurrently, the corporation is of¬ fering 266,666 shares of common stock in exchange for 80,000 shares of outstanding preferred stock on the basis of 3 Va shares of common for each preferred share. to of oil are addition in non-productive LPG from stock common company's Indiana Inc. Spanish-American Mines, Ltd., Toronto, Out., Canada the under gross fields ing $95,500 The of come Nuesces will acres the and 1 The $3,000,000 price States UNDERWRITERS—The being of the holders the i which interest amounts 140- recovery. shs^ shares 409,000 entitle and shares at and the acres 2.493 number start scheduled in and of time. certain the lines serving the area. engineering phases of the plant . 111., Illinois of the 1957, exercised, Texas. of which in 1, be company's oil and gas properties consist in interests in producing or proven oil and royalty company on of thereof situated acres, by oil gas and processed is July number lace Robinson, are The Sunray's interest will Fish Bay and Mustang Island fields located Corpus Chrlsti Bay area. plant will of erties located near Ingleside, Texas, in San Patricio approximately one mile north of the Red Fish high pressure gas delivery facilities which be The location expire the the on of process gallons 125,000 which 54,000 $150,000 — 90 acres to propane approximaetly products per day, Outstanding "355.000 shs. of oil. The company also owns working interest under approximately 2.828 80% FINANCING $54,003 shs. production is with com¬ 500.OOO shs. cription warrants for Hammonds. out¬ aggregating $40,000,000 from in June, I950, incident to the Cor into Sunray at that time. PRESENT TO : interest accrued EFFECT by the company, $300,000 within remaining $150,000 12 months from such City of Corp. remaining and GIVING all purchase States of the oil and gas leases and the payment of acquisition of the Hammond properties date company originally of BUSINESS—The corporation was incorporated in Delaware on March 28, 1955, and is engaged primarily in the performance of various engi¬ neering services in the oil and gas industry and also in the business of acquiring interests in, developing and operating oil and gas prop¬ erties. The company's principal executive offices are located in the Sept. Petroleum funds includirtg general purposes, development the year. Mid-Continent further Hammond the the to properties second holders the of purchase added corporate ♦On May 26, 1955, the company entered into an agreement with G. S. Hammonds for the purchase of additional producing oil properties for $550,000. of which $100,000 was to be paid on the acquisition of the series Sept. on convertible from per were former of production new ' 1956. warrants stated Included stock, the on be the on producing the general subscription warrants outstanding after July 1, 1957. be Aug. 5. preferred on will its stock fDue G. S. Bay compressor station' and are operated, by Sunray. Work the allotment: approximately 30%. mission 52. on Mid-Continent's capital $50,000,000, or approximately expenditure 4'/2% also Fish natural May of paid balance $335,500 remaining $150,000 in be the out¬ an operator's committee to operate temperature absorption type gasoline plant with dehydration to be built in Corpus Christi, Texas, by 13 oil and gas pro¬ County. ') producing Authorized Sunray to holders prefererd 16 in trust plant in 1956 financing would cover the eomoanv's requirements for money for the two years ending Aug. 31, 1956.—V. 182, p. of loan a cubic L. H. that capital the of merger notes Red total the Financing— March of will CAPITALIZATION low new 3,000,000 to follow: and used for expenditure of pany's proven and Operate New Texas Plant— The Southwestern The dividends classes two May 16 to Sept. 1, will be paid to shareholders of record Aug. 5. Sept. May on former To increasing on $15) (par $1) at $5 per share through headed by Eppler,NBh*eqin group (4) and company the This company has been elected by 128,542,579 5 584,341 3,530.478 2698. p. the and 200,654,610 6,664,863 income charges 180, $ 218,666,850 taxes- operating after $ 41,124,217 the of homa the and The taxes— income operating on classes of miliion 1955—5 Mos.—1954 $ Federal on dividend directors ducers. \ Southwestern Bell Telephone Co.—Earnings Up— revenues to from series paid to facilities ' -'.' stock, Sunray banks to 20 share per $300,000 properties; at by Sunray and Mid-Continent separately phases of operations, including producing, pipe line and marketing facilities, will All dividend in'tial two The pool on offered reported Sept. on period be thereon percent receive be to quarterly its on Aug. 5. standing believes pari-mutual regular dividends amount negotiated. the "breakage" Period End. May 31— Operating Operating will incident No company than will plants, increased cents The leases, ' 'I.' 1, record operated income. the Sunrav's company's concession $1) (par ♦Should cycling initial preferred into commissions, and contributions addition, —V. be can track the anticipates been entered Arkansas, total and parl-mutual initial informed 1955 operations. paid for operating capital. management from come initial and were for and 32l;| plant and the sale provide be vote (par $115,512; (21'to retire $200,000 additional short term bank loans; (3) an the with expenditures of D-X Sunray Oil Coy Sunray refining and marketing subsidiary. quarterly dividend of 30 cents per share of Sunray common stock at is permit of a racing plant in sufficient time. the company that it will take between 90 and 120 of notification Mid-Continent's The also shares proceeds from the sale of the common stock will company (1) in retiring various liabilities totaling the Common stock subs declared 15 get a share of the in the above are capital A, hold July stock more 1954 will is construction construction for A securities of stock stock common bv Common on directors gasoline not sufficient mentioned pro¬ can to le'ter a common Oil Co.—To Spend $50,000,000 Capital Improvements—Pays Off Balance of common $4,000,000 licensed, will approximately if company, filed 30 the directors The East Broadway, operating history and will not be able 1955 the the will 1955 V Further details used additional June on standing preferred stock. 25, operate a dog racing track at approximately four miles from with a seating capacity of located Tennessee, no March 1,000,000 PROCEEDS—The net without underwriting, The proceeds are to be used to machinery and equipment; and used for working capital. for expenditures racing facility within a radius only dog track in Arkansas. has through located are dog the 2,550,000 shs. on construction approximately days of racing company xaised cost 80 in the miles The a 2500 offer in operate which The at build to proposes Memphis, Memphis, Tenn. 3.500,000 shs. .. incorporated in Arkansas was The July 27, from Corp.—Stock Sold—Mention xas made in our public offering ana^ale of 280,000 Turner. Bank Loans— Outstanding record stock underwriting an Sunray-Mid-Continent CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING $ announced 21 (par $5), shares of 513. p. 1955 a of July on the company issue of July 4 of the due future the and marketing oils ana a number of producing gas wells m Pennsylvania, and recently concluded negotiations for 85 mining leases on producing uranium land in New Mexico.—V, 181, p. 2933. share, new 176, by 209. p. that the directors split its common stock threerfprspecial meeting of the stockholders for that pur¬ that corporation, in addition to special industrial lubricants, owns dog in Common corporation covering 17,500 shares of purchase reduced been 181, Corp.—Plans Stock Split— Chairman, authorized in net production and approximately $1,000,- not 115. p. $8.25 per speculation. a PROCEEDS—The corporation proposes to use the the sale of these shares to complete construction racing track; expansion. The SEC days had Tire 1955—4 Mos,—1954 $1,428,771 Six, Stockholders the $1,515,665 ____ F. and have called pose. hear¬ a producing during the current period.—V. recommended one, Commission request 2933, p. Stuart-Hall Co., Inc., Kansas City, Mo.—Files— (Ark.)—Stock Offered—Gen¬ eral per Texas Robert extend to be Southland Racing Corp. allowable Swan-Finch Oil Extend Loan— authorization made on July 18 by Carl M. Loeb, Rhoades & Co., NewYork, at $51.50 per share, with a dealer's concession of $1,25 per share. It was completed.—V. 182, p. 52. 2933. p. if Tekoil $4,805,308 —V. the Sterling Drug, Inc.—Secondary Offering—A secondary offering of 74,322 shares of common stock (par $5) was 1,626,710 operating income after charges,.... Net to $32,300,221 operating taxes.. Net sales —V. 1955—5 Mos.—1954 $6,576,482 $35,175,277 of shares Co.—Earnings—• 1955—Month—1954 revenues—. income Light Corp.—To 30. Operating Federal & has applied Period End June 30— England Telephone 31— v greater State Sterchi Bros. Stores, Inc.—June Sales Higher- Period Ended Ma Other 000 July 29, 1955, its outstanding bank loan indebtedness of $1,500,000 to The Hanover has given interested persons 603. p. Power are such $050,000 intensive drilling program. Increase income of $1,400,000 would have been more operating public proportions as the company may determine, to the repayment of bank loans (amounting to $400,000 at June 30) incurred to finance prior construction, and to future construction expenditures. 1055 construction expenditures are estimated at from with ters With Securities and Exchange Commission— Monday, July 25, 1955 ... (Continued on page 51) bankers and by fh u * ■ ■■Si,! i . Number 5449 Volume 182 It . ■ , I W »*• ¥t.S." • '.■"I'T.'lt V ,• J .. "I* V * I - * Name of Company Firestone first the In nounced during we the current week. table second a grouped in two separate indicate all the dividends an¬ are which in Then show the we 4]/2% First Per Name of Company Steel Co. Extra Share (quar.)__ Aktbama Stores, Inc. .Extra Wood 9-30 9-16 Gas 8-17 General Electronics Encaustic Enka Class Tiling Corp. A Class B preferred Great 8-15 9-10 American Water Works, 6%? 1 9-15 Great 9- 1 8-15 Hagerstown 8-15 Hamilton 9- 1 9- 1 action 9- 1 preferred (quar.). Zinc, Lead & Smelting— 8-30 8-16 9-23 9-12 (quar.)_ Arkansas Fuel Oil Corp. Associated Amer. 1 Common 6% 9- 1 9- 1 Harris-Seybold 1 9-15 9- 9-15 8-25 1 9- 1 9- 1 $4.25 8 10- 7 9-30 11- 6% 25c 9-30 9-16 7-20 6- 7 9-12 8- Coast L.ne Co. RR. 50c 9-12 8- 50c 9-15 8-22 15c 8,15 Avondale Mills, Bankers Basic •' - (quar.)_l_^ common preferred Commercial Refractories, Stock Corp. 1 "___ 20% — — Quarterly _— 10% Blaokstone Valley & Gas Bond preferred 8-25 1 Trust Investment (From 8-31 7-20 9-10 8-25 Boston (from Fund Boston Real, Green Braniff Airways, Fund • Co., *''• Pacific 7%? .. preferred Calif. 8- 1 8- 1* Interstate 9- 1 8-19 12- 11-18 7-30 9-15 (quar.)—_ 17'/2c 8-16 7-29 iq^ar.) oOc 8- 1 1 7-22 43 %c 8- 1 8-15 7-29 5.30% convertible preferred D (quar.) 33 Tec — 8-15 7-29 convertible preferred E (quar.)___ 33c ,8-15 convertible preferred F (quar.)— 33'/2c 8-15 7-29 (quar.)__ 32 Tic 8-15 7-29 31»/4C 8-15 7-29 75c 9-15 8-31 50c 9- 8-19 5.20% preferred G and cenv. 5.08%. preferred (quar.) California-Western States Life H Insurance— Semi-annual Aircraft Cessna Channing Co. Corp. $$1.25 Central 4'/2% co. 9- 1 9- 1 8-15 10- 1 11- 1 10-14 8- 1 7-20 $1.12'/2 11- 1 10-14 9- 9 8-16 8- 30c 8- 7-22 $$3 7-29 Gas Corp. 6-30 9-15 S- 1 9- 1 of Consolidated Bakeries Consolidated Liquidating Consolidated Textile" this $3.75 1 3 ___ 30c 23c Canada, Ltd.y.. (liquidating) (payment 10- 8-15 25c 7-29 8- $25c omitted 1 7-27 3 at Electric Co. .(stock Refrigeration Extra —J Cosmos Crown Imperial, Steel vertible quar.; — Ltd. (stock of Co. preferred dividend)—_ America, (entire 5% issue called preferred iquar.) Diamond Ice & Coal, Douglas from 4% Paper Aircraft 5% Corp., (quar.t — income (quar.) 9-10 50% _ Rubber & Mills, of (liquidatingi__ $2 8-1 7-28 St. $13c 8-1 7-9 9- 1 8-5 jjc 1 8-15 8-31 8-15 8-6 8-5 9-15 8-31 Ltd. Products Stockholders Co. be to from capital gains)!**__ cent one held or Lindsay Chemical Co/ Loblaw Groceterias, B Land Louisville & Lynch Corp. & M M & on to the Compress Sept. & a 1 7-22 Montreal $1.25 8- 1 7-23 Monumental 8- 1 7-15 redeemed on plus Morgan Morgan Nov. 1 9-21 Murphy 8-25 Mutual 9- 8-15 7-25 at & P.) Co. 8-25 8- 5 (G. from C.) Co. Co. National net (quar.i— —. (quar.)_ (quar.) Inc.—income Co. and 7-15 National 1 7-26 National 1 8-17 Stock 9- 1 8-17 Preferred 8- $1.25 $25c $$1.25 30c 8- 8 9-30 10-31 2- 9 8-26 10- 1 10- 1 7-29 9-14 10-13 8-19 8-16 9-2 9- 2 10- 1 9-2 9-2 9-2 9 50c 10- 1 9-27 9-27 9-15 9-15 8-15 7-29 $1.37V2 37'/2C 15c 8-15 8-15 88- 7-29 7-11 20c $88c 8-19 8-31 9-15 7-20 8-10 8-15 9- 1 8- 5 7-29 8-19 7-29 1 9- 1 $2.50 $1834C $$1.19 9-10 9- 1 8- 1 7-15 8-15 8-22 7-30 7-30 9-1 8-5 9- 1 8-16 1 1 8- — OCc 8-15 8- 4 National 6% directors' a & 8-15 8- 8-23 8- 4 1 50c Castings Co 8- 50c 9-10 8-15 9c 8-15 7-29 10c Steal 8-23 4 8-15 7-29 Neon 50c 9- 1 8- (quar.) 9- 1 8- 1 $1.50 8- 1 issue $105 per to 7-16 ; S. N. Y. Y. Central Chicago Quarterly share $1.50 11- 1 Series Shipbuilding— (quar.) 10c Canada, Western North Central RR. & Light & Louis RR. Power Co., (quar.)— 7-14 50c 75c 9-10 10- 1 8-12 8-26 (liquidating) 1 9- 1 8-31 9-30 8-31 8-31 9-30 9-30 8-31 9-14 8-19 9- 8- 1 4 9-30 8-31 8-26 8-12 9- 1 9- 7 8-16 9-10 8-19 8- 1 7-21 8- 1 7-21 9- 1 8-15 9- 9-15 1 9-21 .8-22 10-17 10-10 9- 1 7-30 10- 1 9- 2 proposal basis. 7-29 $1 8-15 50c 8-15 7-29 9- 1 8-15 9- 7 8-24 9- 1 8- common 5% pfd. 60c $$1.25 65c (quar.)_ Lathe Works 9 8-15 50c 30c 8-20 7-28 8-31 8-15 75c $1 —_ 7-26 50c (quar.) (quar.) Development, class A 9-15 8- 1 7-19 9- 1 7-19 (quar.)__ *- t Southeastern Public Service— serial pref. B (entite issue called for redemption on Aug. 15 at $27.50 per sh. plus this div. Convertible into com. to 6% Aug. 10 California Co. — Service, Public com, . ... Co. of Co. Oil Standard Packaging Corp.— 5c 56 Ac 25c $1.12/2 45c J 0-20 11- 1 10-20 11- 1 10-20 11- 1 10-20 11- 1 10-20 11- 1 10-20 8- 1 8- 7-15 1 7-15 9-15 8-26 9-15 8-25 1 8-15 8- 35c 9-9 8-10 40c (quar.) 9- 1 8-15 7-30 . (quar.).——-— be held on Sept. 26 on a direc¬ proposal to split the com. 2-for-l. (Wm. Stange & (A.) Co J.) Co. 7-29 7-28 7-22 7-30 7-22 40c 8-15 8- 1 31 Ac 8-15 8- 1 7-30 7-20 7-30 7-20 7-30 7-20 16c common (quar.)— (quar.)—._— 6% B (quar.) Sunbeam Corp. (stock dividend) Suburban Propane Gas, common (quar.)—15.20%? preferred (quar,) — Sunray Mid-Continent Oil, common (quar.) 4'/2% preferred (initial) — —.— 5'/2% preferred (initial) Swan-Finch Oil, 6% preferred (quar.) Service, Gas Suburban 8-15 14c 10c preferred '(quar.)—— $1.25 preferred preferred second A preferred & Taylor, Pearson 5% convertible 7-15 30c (quar.) Sterling Investment FundStifel (J. L.) & Sons— Struthers Wells, common (quar.) 4% 10-20 to tors' 6%« 8-15 1 1 will vote at the annual meet¬ Stockholders ing —- 1 1111- Products Co. Standard Stein preferred convertible 9- 8-31 40c (quar.) Indiana Standard $1.60 I — (quar.)_— Spiegel, Inc., common (resumed) $4.50 convertible preferred (quar.) Water 8- 33c preferred Stamford 5 6 92'/2c 97 %c $1-03/4 $1.06'/4 $1-10 $1.15 27'Ac — 4'/2% 5 8- 9- (quar.)— (quar.) 390% preferred (quar.) 4.15%? preferred (quar.)—. 4.25% preferred iquar.) 4.40% preferred (quar.)— 4.60% preferred (quar.) 4.36% preferred (quar.)-.: Special Investments & Securities— (quar.) 8- 8-31 22'/2c (quar.) (quar.) preferred Common 8-15 25'/2c 30'/2c (quar.) preferred preferred 4.08% 183i»c —— Edison Co.—- Southern ,/ 37%c 5070 30c 65c 30c ?2,'ilC 48 Ac 37'/2c 10° (quar.) Carson (Canada) Ltd.— preferred (quar.)— (from investment $12 Ac 8-12 8- 5 8-15 7-20 9- 8-15 1 9-30 8- 5 9-30 8- 5 9- 1 8- 5 9- 1 8-15 9- 1 8-15 8-15 7-29 Television Electronics Fund 8-31 Eastern Transmission, common (quar.) soe (quar.) ol ii preferred (quar.) 4.75% preferred (quar.)— 4'/a% preferred (quar.) 5% common (quar.) (quar.) (quar.) Thompson (John R.) Co. (quar.)—— Thompson Products, common (quar.) 4% preferred (quar.) — Tobacco Securities Trust Co., Ltd. Amer. dep. receipts old. (interim) Brothers, Thalhimer 3.65% Thomson Tokheim Topp Trade ,oi/4 * 7 = lac preferred Welder Electric Corp. Mark 9- 1 8-10 Common $29 7-20 7-15 5% 1 8- 1 9- 1 8- 1 9- 1 8- 1 1 8- 1 9- 1 8-0l 7-30 7-20 7-30 7-20 9- 2 8-15 1 8-31 9-15 8-31 9-12 8- 8-31 8-15 8-10 7-29 8-15 8- 3°c 6 Ac 8-31 8-12 8-31 8-13 5/« 9c Materials Corp.— (quar.) (quar.) 7-27 8- 9-15 50c (quar.) Service preferred iac aac JUC (quar.) Industries auc 7-29 9- 9- income) Texas $30c Oil 8- 9rl5 9-30 35c (quar.) Union Chemical & Ltd.— — Texas 7-19 Ltd.— (quar.). St. 7-25 9- 6 15c -— Radiator- (quar.) of 8- 1 9-30 $60c preferred Products Newfoundland be & u: Semi-annual 1 N. pfd. Series— : Stock Steel National-U. 3-for-l. (quar.) Securities Series 7-29 8-15 40c (quar.) 5.50%~ preferred 10c profits) (quar.)_ Malleable 10c 8-10 — 2c — 8- 8-25 10- 1 5 50c securities Extra 9- 8- 8- 9 Fund, investment realized Acme 8-19 8-25 37'/2c (quar.) Ltd., com. & Co., Investment from spec:al meeting on prior (entire 1 (J. (quar.)— preferred (quar.) Morrison-Knudsen 5 8-19 1 ?0c (quar.) (quar.) (Henry) 4%% $1.12l/2 $1.12^2 dividend) this Insurance Co. Life preferred 3 8- 9-10 1 35c ,—— dividends 9-10 8-12 98- 9-15 ' Warehouse preferred Stock 3 5 8-3 $1.25 quar.) (annual)—,. Oil Co. (quar.);— Telegraph Co.- (liquidating)—— 8- 8- 9-1 9-12 1 40c 5c (quar.) Monterey 6-30 8-12 8-3 ,20% Co, Liqueur 9-15 8- 9-1 7c $5.50 (initial common 8- 9-30 8-15 $37Vic $37'/aC Cement— Portland 8- 50c prior (monthly) Insurance $2 common 6% —— Mohawk (8c 8-10 50c (quar.),— (quar..)_— preferred (quar.) $1.50 conv.-2nd preferred (quar.)--. 7-22 1 - 7-29 5c $1.02 the Sons Ltd., Southwestern . 8-15 8-10 (quar.) (quar.)___—i——'—; B 4.88% 1 split to Co. (H.) Southern 97'/2C $1.083/4 $1.1 l'A (quar.), Co. Laboratories 1 10- 8-1 10c 95c 96'Ac pfd^ (quar.) . 8- 25c Extra Products, Copper 17'/2c 5 8-26 9-1 25c (quar,)_ Extra 5% 7-29 9-10 10c Marmon-Herrington Co._% New 8- 7-29 8-15 15c (quar.)„ non-cumulative preferred (quar.i Ltd.. Priority stock (quar.)— preferred (quar.)i Manning, Maxwell & Moore, Inc. (quar.)—— Missouri 8-15 8-5 75c 5% 9-1 8-24 8-10 9-1 $1.25 (quar.)_ (quar.) $5 9-15 8-24 7-29 50c 8-25 7-30 8-20 15c ; Mailman Corp., Miami Simon 3.70% (quar.)_, common proposal Class , 5c Co., $0.7C39 1 Texas 9- 1 special meeting a directors' 2-for-l. South $1 9- on Bend common Extra Macmillan a 23 South a (quar.l_- Woodworking 12 '/2c T 1 28 the on (quar.) Exploration Minneapolis-Moline, 30c (quar.) split 14 Sept. split RR. at Aug. on Smith-Alsop Paint & Varnish Smith-Douglass Co. (quar.) at a special meeting Ltd., class A (quar.) Nashville held 8-18 7-22 75c (quar.)^ Louisiana be 9,8- 10c -about Stockholders will vote S-10 30c ! 7-25 20c 15c Co.— 7-30 8-12 40c (quar.) (quar.) on Power 8-15 40c ' ■ income)- Corp. Pacific Sierra 7-30 v/8c 7-25 7-30 $1 8-15 * in- 7-25 9-23 (quar.) 50c from 9-23 50% 2-for-l a on 38c cents 7-18 - Sinclair Oil Corp. (seven 7-25 45c $1.10 7-29 $2 25c 17'/2% (quar.)—— (quar.) ——— 9- 2 1 1 7-29 (quar.) 7-18 8-15 7-20 22V2C 8-19 8-10 5c 27'Ac 44c (quar.) 1 10c com. 25c IV2C — - K-l 9- preferred (quar.) Simmons Fund (final) Extra 4%/ to ... 8-19 1 com. shares 9-15 directors) proposal to two-for-one..; Liggett & Myers Tobacco Class the 1 1 8-19 9- 17c $1.25 July 28 on a directors' on split 1 Miles 8- to 8- 8-19 $25c (quar.) (quar.) will vote at held proposal '100% held 10- Stockholders will vote 30c (quar.) common 20c (quar.) (stock div.) Boston 9-20 9-15 Mexico— Sherwin-Williams Co., com. $1.25 7-29 8-15 8-1 $1.75 9- 10-12 Brewing Corp.— Stockholders will vote at a meeting to be (quar.)—.____ A 8-24 Francisco $1.25 8-15 6 9-1 9-12 — — Insurance Co. & Marine 1st pfd. series A $4.40 San |pfd. (quar. )— Co. — shares 7-25 7-25 — New Regis Paper Co., cents 11 cents from (quar.)„__ investment Savers Missouri 50c (quar.) prior preferred Fibreboard Paul Fire (quar.)_ Stock Yards of Maine— and 40c Empire Southern Gas iquar.) Eppens, Smith Co. (s-a) Federal St. 20c 9- 30c be 7-27 (nine —— —.— Royalties Management Corp 9-12 preferred 8-20 35c , Trust, & 7-25 1 (quar.)——. 8V2% Fund (s-a) tquar.), (quar.)—— (interim)__ preferred 8-20 50c (quar.) Investment Hose to 9-1 4.45% 7-26 $25c (quar.i_. Extra Evans 1 Britain Great (quar.)_!_J_. 9-10 50c Co. common Eastern Corp. 4'/2% 10- of (quar.)—__hl 8-15 15c 10'/2c preference (quar,)_ Ltd. USA (quar.)__^ Erlanger 75c (quar.) Moore-Handley Hardware, common Drewrys. Electric 8-12 —; 12c preferred — Economic 1 (quar.) $1.75 — ; net investment Co. Ltd. (quar.) Extra Dravo 9- preferred Investment Fund. Inc.— Donnacona 35Vic (quar.) preferred $1 Diocesan Investment Trust Shares Quarterly 8-12 preferred for Oil Diversified 1 4.35% con¬ Refining, $6 pfd. (eccum.) Dallas Railway & Terminal, com. (quar.) 7% _ $17'-'2c $17'/2c (quar.)—, Corp. redemption on Aug. 25 at $110 per share plus this dividend)' Convertible to Aug. 20 Crystal 9- 3.90% 20c — 8-12 355/sC 9-15 r 8-12 (quar.) 8-25 9-15 10- 3% dividend)——— (increascu — Zellerbach Crucible 75c 93 %c (quar.) 1 8-12 Metropolitan Edison, 3.80% (quar.) common 9-1 9- 9-.1 1 Extra (qiw.)— 9-9 25c 3.85% Can, preferred Copeland C% 3-15 time). Continental Cook <quar.)__ quar.)__—:— Power & Life Ltd.— Amusements, Light — (quar.) 8-20 8-15 8-15 7-25 8-15 8- preference preferred 7-25 8-15 8-19 $1.04'/2 Pullman, Inc, (quar.) 75c Pure Oil Co. (quar.) 40c Quaker City Fire & Marine Insurance (quar.) 25c Rayonier, Inc., new common (initial)-—— 30c $2 convertible preferred 34c Rexall Drug Co. (quar.)_ 12'/2c Robertson (H. H.) (q>ar.)„— 50c Rogers Corp.,- class A (quar.)——— 90c Class B (quar.)_ 25c Rolland Paper Co., Ltd. common (quar.)—* $25c 4'A% preferred (quar.) $$1.06'/4 Lexington Trust Fund Shares (quarterly from 9-16 15c — (quar.) Inc. 8% partic. preferred : Congoleum-Nairn (increased Connecticut 5 50c (quar.) Natural Confederation 8- 10c __ preferred (quar.)— Commonwealth 8-19 $1.12'/2 preferred Hotel, 1 10c 4'/2% carbon 8-10 9- 35c — (monthly) com. bommon (monthly) Commodore 8-20 10c Power, (monthly)— Coiumoian 8-16 15c 1 9- Libbey-Owens-Ford Glass 7-29 50c —— 1 9- 31 Tic L'Aiglon Apparel, (quar.)______;. Lehigh Portland Cement (quar.) 8-15 1 2 DC (quar.)__ (quar.)— Auio stamping (quar.)„ Cochran Foil CO. (quar.) Common 8-15 9- $1.25 City Colorado 8 9- 31'/2c (quar.)_ div. 4.08%; preferred 8-15 $2.12'/2 (quar.r^T— A (quar.)„ Electric & Gas, $1.20 Knickerbocker net :_ Campbell, Wyant & Cannon Founory tquar.) Canadian Utilities, Ltd., 5% pfd. (quar.)— Central Foundry, 5% preferred (quar.) 37Vic of Co. 7-25 7-25 1 57'/2c 58'/2c (quar.) Service 4.18% $1.06'/4 (quar.i Kings County Lighting (increased quar.)_ Kings County Trust Co. (quar.) come - 9-16 >. RR. 7-25 8-15 8-15 8-15 be preferred $1.40 7-29 9-30 Co.--Custodian Fund Series Special 7-30 50c Manufacturing Keystone 7-29 5.36% 1 Kerr 5%/ Public 6 (quar.) 4 9- (quar.)_ common preferred Kellogg Co. Common 32c Keystone Steel <fe Wire 5.28% . 5% 7-30 8- to —— Service Public 8- 2 9- 2 5 Steel Extra, _I 7-20 8-20 Telephone Corp., Kansas City 7-22 27'/2c (quar.)__ 8- 35c income and Trust first 7-22 8- Co.— preferred C 5% 8-26 (quar.)_________— 4.40% 31'Ac (quar.) Engineering Corp. Investment v 1 8-15 com. 8-12 profits) Jamestown 25c Insurance, Service Water 7-15 loc - 1 8- 4c 8- 8-11 8-15 Radiation Instruments— quarterly Initial 1 Breweries/preferred International'Harvester, 7%; 8-10 25c __' 9- 8-15 Valley 28'/8C 30c 31'Ac 31'/4C 31'Ac 343/8C 37'/2c 50c 10c Pittsburgh Mercantile Co. (increased)— 31c $2 meeting (quar.i (J & A), Ltd. Amer. dividend——— Stock 8-19 8-15 special Ltd.— Corp., 9-10 9- International; Resistance 8-15 Bureau 75c £-15 Interior 7-29 2oc . ____:— (quar.)__i Title Extra 1 3 50c Co. Buckeye Pipe Line Co. (quar.) California Interstate- Telephone Calif. 8-24 8- 15c ______ .___ Falls Hill 7-29 9- 1 20c Inc.__ Stores (quar.) common (initial)_— Common Buck 8-26 20c Broadway-Hale BroWn 11c . 9- 50c income)____ Trust— securities 21c & Petrolite Precision 9-28 8- of 20)_ common (quar.) convertible preferred A 4.68% 1 1 7-25 200% 834c (quar.) prelerred 9- 2% Foundation from investment Co., 9-15 8-30 8-15 60c — preferred at Sept. on 4.60% 6 25c ' Corp. (increased) (subject to approval dividend Portsmouth $1.50 Development Corp. Institutional 9-15 10- —- (quar.) 40c Cement Fruit Peoria (quar.!— Corp._ C.), (S. Stock (quar.) Co. Sheraton Peerless 8-10 62The Ireland, Amer. deposit receipts Shares — investment Estate Bowling American of 1 1 9- $1.06'A common RR. preferred 9-15 . preferred Tobacco 1st Parker 8-12 (quar.)____ A preferred (quar.)_____—— preferred (quar.)__ 9-30 (increased) Central Imperial Industrial 10- Co. second Illinois 7-20 7-30 $1.06'A income) investment Park 10-15 dividend) (quari) preferred B preferred C $1.41 9-30 Electric— (quar.)— 6% <quar.)__ 1st 10-20 (quar;) r Pulp & Paper, class A preferred A (quar.) 5% 5.70% ' 4.25%; 1st 5'/2% 35c (quar.) (Texas) preferred 5.12% 15c — prelerred preferred 37'/2c Hudson 9-15 10- Co. Howe Sound /. 10c (quar.) 1st 1st 8-31 7-2S < ; preferred redeemable 10-31 1 8- 8-17 } ^ 8- 1 9-1 8-10 9- 1 9- 1 3 meet¬ iquar.) 1st redeemable Pinchin 62'/2c (quar.) Stores Corp., 4'A% 7-25 9-15 $1.43% $1.43% . Electric 1 9-30 8- 25c preferred (quar.)____ Beneficial Corp. (stock dividend)-——— 15c- 62'/2c (quar.) Public Oil Howard 7-15 62»/aC (quar.) preferred 5% $1.50 Service Houston 7-15 1 (quar.)__; 5% % Birtman 8- 8- :— „ (quar.—__ common dividend 20c $1.13 : <quar.)___ 8-31 , . quar.)_•__ common Barbizon redeemable 5% 11-4 8-12 11-15 15c _■___ (stock 8-10 (quar.)_ $$1.25 . Housatonic 9 (quar.)__'_____ 1 $1 (quar.) a special at Electric— & 1st 4.80% held (quar.) Houdaille-Hershey 9 Atlantic A.), Gas 4.50% Penn (quar.)___ preferred A Hotel Ltd.— (G. Co. vote 8-12 ing to be held on Sept. 14 on a directors' to split the com. two-for-one. no (quar.) preferred Hormel will (quar.) (quar.) ot Ree. proposal Facific com¬ preferred B (quar. Holly Stores, Inc., 5% conv. pfd. (accum.) Hooker Electrochemical, common (quar.)____ 8-15 Glass Stockholders Refractories— Co. preferred preferred A stockholders 5% 8-15 50c Co. A Corp. (quar.i_. Heywood-Wakefield Co., common (Conn.) Co. 8- Hazeltine Co. Refining took at (s—ai_u. preferred 9-15 Line Finance class (increased 9-15 Coast Atlantic Co., Harbinson-Walker 1 9- 3 5/10c Industries, receipts, 17'/2c payment class Owens-Illinois 8-15 8-1 9- 1 9- 1 8-25 7-15 1 62V2C $1.10 (Directors convertible 4'/2% (quar.)__ (year-end) common 8-16 9-10 9-15 9-19 60c (quar.) (quar. )^__"___ 9- 9- (quar.) Electrical dep. S4.50 B 9-15 $1.25 : Ltd. preferred :— 7-20 9-3 $1 (quar.) common 4.50% $1 22/2c $1.14 15c $1.12/2 $1.12'/2 common 5% (increased) Co., preferred 9-15 Atlantic Atlas on Oil Class 7-29 8-15 25c preferred 9- . Hancocx 37'/2c (quar.) prior $5 $1.25 (s-a) meeting held on July 21). preferred (quar.) 5% American Common :__ pfd. Co., (quar.) Co., Inc., 60c F.) preferred Edison 85c (s-a) Gas 4'/i% pany $1 (quar.)— 7% Ry. Gas Cotton, 9-15 9-15 •' 3i3/aC p.d. $3.50 (quar.) Northern 10- 50c _ : 9-15 9- 1 8- 1 25c $1.75 (quar,) Paper, common preferred A (quar.) 50c (quar.) common Works, 25c (quar.) Foundries 34c (quar.)__._ Northern 40c , 12'/2c 56'Ac 56'Ac — (quar.) (quar.i , (increased quar.)_- Co. 50c A Steel 5'/2% Gillette 15c . (quar.) pfd. preferred 5% (quar.)__—T American : $5 25c Extra $4 7-30 25c :__ 4M>% (Charles 6% Telephone Co. of Wisconsin— 8-15 5c (quar.)__. prelerred General 7-29 7-30 12'/2c Extra Co. preferred 75c (quar.) 7-25 7-25 7-22 7-22 8-18 9-16 8- 1 8-15 8-16 25c Iron Chemical— & 8- 1 8- 1 8- 1 8- 1 9- 1 10- 1 8-15 9- 9 (quar.i common Industries, 20c (quar.) Omar, (quar.) 7% 8-10 87'/2C Ohio 8-22 $1 Cigar Co., 4 40% (quar.)—__.——__—,—,• Furniture Potash Co. A General $2 ___.— 7-25 9-15 $12'/2c $$1.12'A (quar.) 7-29 8-15 31 '/2c 7-29 15c 8-17 25c (quar.) $2.50 1 30c Portland Cement (increased quar.)— Amalgamated Leather Co.— 6%> convertible preferred (quar.)— American Airlines, common (quar.)______— 3'/2% convertible preferred (quar.)_ American Colortype (quar.) 8-19 7-25 Noyes 7-29 (s-a) 8-10 9- 50c 9- 9 $1.20 (resumed) common class E.>, Service 1 87 Vac Alpha v' (R. Gar (quar.)__ preferred 4Vfe% ' convertible 8-12 9- 37V2c (quar.) 8-12 i American Funsten 8-15 common (quar.) Co., AA 9-12 32c Extra American Class 9-12 —— Alloy Cast Steel Co. America Payable of Rec Brush 9- 1 Bol*erm When Payable 9-1 (quar.) (111.) Gas Liberties Northern (quar.) Ltd., J.), Shore North $1.12'/2 Co., Auto preferred 12'/2c (quar.) Corp., common-(quar.) 1 3.507c preferred (quar.) Allied Mills, Inc. (quar.) American Fuller Drive (A. 4'/2% 10c Gas American Wheel Freiman Holden Corp. Investment non-cumulative Four Name of Company Per Share Holden Puyuole of nee. Co.—> (quar.)__! Stock 40c — — Hat Adam When Bank $5 peyments previ¬ ously announced, but which have not yet reached their payment date. Acme When Suure Rubber & preferred Foundation follow with we Tire 13 (321) Per DIVIDENDS tables. »V. 11.' The Commercial and Financial Chronicle ... Dividend announcements Ml... — 5 1 r 14 (?22) Per Name of Company United U. S. Electric Coal (quar.) Warner <te 4.80% 8-23 9- 1 8-19 Ayres — 9-20 25c 9-1 Stores, convertible common ►3.60% 2 Balanced 1 Baldwin-Lima-Hamilton Baldwin preferred 8- 1 8- 1 oio 8-15 8- 1 Baldwin Piano Co. Baldwin Rubber —$1.12% I 8-15 8- 62c 9- 6 8-12 Banco de los Andes, Amer. 15c 8-15 7-28 Bangor & Aroostook RR. Co., 5% pfd. (quar.) Power & Corp. $1.50 preferred 10-31 90c 9- 10-14 1 37%c 9-10 9-1 30c 8-31 8-12 (quar.) 1 8-12 share per Aug. plus this dividend) _—31'Ac 9- Wytex Oil Corp., class A (s-a > Wurlitzer (Rudolph) <quar.)_— Youngstown Sheet & Tube (quar.) Yuba Consolidated Below Gold Fields, — Inc.— 50c 8- 1 7-10 9- 1 8-15 75c 9-15 8-12 8-15 7-20 announced In previous The list does not include divi¬ weeks and not yet paid. announced this week, dends these being given in th« preceding table. Aberdeen Company Petroleum, class Acadia-Atlantic Common Sugar A (quar.) $1,10 preferred Industries Acme Adams-Millis Aircraft . 5% Stores, (quar.) Corp. Ltd. Aluminium, — quar.) Corp. Ltd. (stock dividend) 1 7-29 8-1 7-15 8-12 7-22 25c 8-19 8- 8- 7-20 (quar.) Amalgamated Sugar, 5% (quar.) new Aggregates, —' common 9-13 7-29 7-29 8-15 7-20 25c 5 1 7-29 8-19 9-15 125c 12'/2C 9-1 8-5 9- 8-5 1 1 8- 7-16 50c 7-29 7-15 8-19 8- 5 $1.25 Quarterly from Co. 9-16 1 8-15 75c quar.) 8- 1 7-19 8-10 7-27 8-22 7-21 35c 8-15 7-21 50c 7-28 7-18 American Equitable Assurance Co. of N. Y.— Semi-Annual American Home Products (monthly) American Ice Co.. 6% Insurance Semi-Annual American-Marietta preferred Co. N. ___ (inc. quar.)__ 5% preferred (quar.) American Metal Co., Ltd.— dividend-American Mu&ual Fund 25c (quar.) American President Lines <quar.> (quar )_ 1 8- 1 1 8-19 7-27 6-28 8- 7-11 1 Standard Corp., common (Increased preferred <quar.)_„ American Smelting & $1.75 1 Refining— A 4'A% 25% $1.25 Co preferred Anheuser-Busch Brand, Appalachian Electric Power— 4'A% preferred (quar.) $3 Argus preferred Farms $2.40 2nd pref. preferred (quar.) (quar.) common Cumulative Austin $1.20 $1.50 conv. 8- 1 7-15 preferred 1 7-11 8- 1 7-11 1 Woven Hose Celanese, Amer. dep. British 4%% British $3.80 Brooklyn shard per Burdines, Ciass B (quar.)— class A and six share class being of June $1.50 1 8-19 8-1 7-7 8-1 7-7 (quar.i Co., com. pref. (quar.) 7-7 8-1 7-7 93%c 8-1 7-7 20c (quar.) Ltd._r 8-1 $1.08% , (resumed) (quar.) 8-15 8- 15c 8- 1 7-15 |4c 9- 1 8-10 20c 8- 1 7-20 30c 8- 1 7-20 1 15c 7-30 7-15 15c 7-30 7-15 15c 7-30 7-15 Portland — Corp 8- 4 7-20 8- 1 7- 8-13 & Dominion 7-30 City Title 9-17 Claussen 8-22 11-30 11-18 8-15 7-25 5 7-21 Canada Special 100th 5% A & 4% Pacific non-cum. Carolina Power (s-a) Food Class B B com. , 7-30 7-15 5% 37'Ac 7-30 7-15 Central com. preferred Electric & 5% Mahoning 1 8-10 9- 1 8-10 50c 20c 9- 1 8-15 f-12 8-12 1 7-22 8- 8-15 8- 1 35C 8- 1 7-18 $1.06% 8- 1 7-18 7 V2C (quar.)__ 7-25 7-15 16%C 8- 5 7-20 16 %C A 8- 5 7-20 1-3-56 12-21 $1.50 Louis (s-a) $5 7-29 7- 8 (quar.) preferred New 9-15 $1.25 7-29 7- 8 40c 8-15 7-20 Electric common Illuminating— (initial) $4.50 preferred (quar.) Cleveland & Pittsburgh RR., 7% gtd. 4% special guaranteed (quar.)__ $1.12'/2 10- 87 %c 9- 1 8-10 50c (quar.) 9- 1 8-10 1 9- 2 8- 1 Monthly 15c 9- 1 8-16 Monthly 15c 10- 1 9-16 8-25 8-15 00 00 6-20 8 1 Clinton Foods (monthly)-. 15c m A pref. (stock div.). (Two shs. of the 20c for each share held) 8-15 8- 1 7-15 Collins 8- 8 6- preferred Radio New 1 9-19 8- 1 7- 5 class B class new A Colonial Fund, Inc. Central 3oc 4%% Co., Power Columbia Gas 7-18 Columbia Pictures, 1 7-18 8-15 7-15 8- 1 7-12 $4.25 preferred (quar.) Columbia Terminals Co., 6% 7-25 7-21 Columbus Columbus 30c 7-29 7- 10-20 10- 8 4%% 150c 7-29 7- 8 4.65% 10-29 10- 8 8 19c Commoil, Life 10c $$3.50 $1.75 12 %c 40c 120C 138c 8-15 8- 5 pfd. 7-29 6-30 1 7-15 8- Ohio 8-15 8- 1 7-20 7-23 6-30 (quar.)—_ 7-29 6-30 8-15 37'/2C $5 (s-a) 88- 7-15 7-15 15c Co. (increased) +25c 1 $1.37% . 8-15 8- 1 $37c $2.20 preferred (quar.) $2.04 preferred (quar.) $2 preferred (quar.) $1.90 preferred (quar.) $2.06 preferred 7-15 7- 7 Connohio 7 Consolidated 1 7- 8- 1 7- 7 1 7- 7 8- 1 7- 7 8-15 8- 5 8-15 8- 5 Consolidated Coppermines Corp. 8- 7-11 Consolidated Dearborn Consolidated Edison 2 7-29 7-29 7-29 6-29 5 7- 5 1 7- 5 8- 1 7- 5 8- 1 7- 5 10- 1 9-20 Industries— (quar.) 37»/2C preferred Consolidated 1st Co. 7-15 Y.) 6-29 Consolidated Natural 6-29 Consumers 1 7-15 8- Co., 8 — 1 7- 8 35c S-15 9- 1 $1.50 9-15 9- 1 9- 8-15 (quar. )_ common 25c (quar.) Gas 7-15 8- 8- $1.25 Laundries 1 8-19 25c (quar.) Consolidated 8- 5 25c (quar.) (quar.) Power 7-15 1 (quar.) (N. Freightways, preferred 7- 1 8- 62 %C , Corp, 1 8- 37 %C (quar.)__ 8- 62 %c B Extra $5 7- 1 8- 10c (quar.) Extra Class 1 8- 47 %c 8- Chemical 8- 50c 51 %c (quar.) Inc., 40c preferred Co., A 12-10 51c 30c Class 9-10 12-15 55c — 31'Ac 8- 9-15 $38c 7-15 7-15 8 8- — 8- 1 7- 7-25 8 8-15 Light & Power— 7-15 1 7-25 8- $1 Quarterly 1 8- 7-14 (Toronto)— 1 7-26 6-22 1 (Del.)— (quar.)_ common Asso. 8-11 .8- 5c Ltd. (quar.) Life 8-25 50c income Gas, 7-23 $20c 8- 8- 9-19 1 9- 75c 7-15 10-10 1 120c 25c 1 8- 1 8- 17 %c 5 8- 1 8- (quar.) Quarterly Connecticut 1 9- 8-15 $1.06 Co., preferred Confederation 7-29 9-22 (s-a) Natural 7-15 $2 25% Electric— Stock Fund, Inc. 1 7-15 $1.16 Engineering National 8-15 7-15 1 (quar.) investment 5%% 1 8- (quar.) Edison Concord 8- 31'Ac $1.06% •_ Commonwealth 31c 7-11 20c Commonwealth From 1 (stock dividend) Insurance Southern Ltd. 8- (initial) preferred preferred Combustion 7-20 (quar.) common Mutual & 1 30c 1 1 8- common 7-15 8- (monthly)- 9-19 System 7-15 7-29 $1.18% pfd. (quar.) (from Investment inc.) 8- New 9-13 7-29 (Initial) $1.50 9- 7-25 9-30 (initial) $1.25 pfd. (quar.) Colorado & Southern Railway— 4% 1st non-cumulative preferred-- 7-31 7-15 8-15 35C (quar.) Co., Finance Colorado 7-30 87»/2C 6-30 9 7-29 i25c 62 %c G.) (B. 2 8- 7-16 Cochrane-Dunlop Hardware— Co., Ltd. (quar.)— Colgate-Palmolive Co., common (quar.) 10- (quar.) common 37 %C 55c (quar.) 1 8-15 8-20 7-15 I 7-21 45c 8-15 8- 1 $4.50 preferred (quar.) $1.12% 10- 1 9- 2 7-26 7-15 $4.52 preferred (quar.) $1.13 10- 1 9- 2 25C 7-30 7- 8-20 8- 5 $1 9- 1 8-19 7-27 6-28 $*1.30 8- 1 7-29 37 %c 7-29 1 7- 6 125c 9- 1 8-10 8-15 7-29 Container Corp. of preferred America, Continental com. Corn (Toronto) Transportation Lines Products New (s-a) (initial 7-29 6-20 Cosmopolitan Realty 1 9-15 Courtaulds 1-3-56 12-15 10- 7% preferred Amer. 1 6-24 Craddock-Terry 1 8-31 Crain 131'Ac 10- 1 8-31 Crossett 131c (quar.) 8- 10- 8- 1 7-11 8- 1 7-11 Class Crown L.), Co., B rets. Cork 1 Crown Cork 8- 1 Crown & — (quar.) 1 11-15 11- 1 (final) 6% 4 6-17 1-1-5G 12-14 9-30 9- Corp., Forster, 9 8% $4.20 pfd. (quar.) 7% 1 7-15 1 7-15 10- t50c — SI.05 preferred Sugar, 88- 25c & Cuban-American 8- $2.50 — (s-a)— 10c (quar.) pfd. (quar.) 9- 1 8-15 $2 non-cum. class A 1 9- 9 8-15 7-15 9- 1 8-12 9-16 $2 9-30 $1.75 9-29 9-15 50c 9-23 9- 50c 12-23 12- 8-15 7- 1 $1 8- 1 7- 8 $1.06 8- 1 7- 8 8 (quar.) 7-14 $2 non-cum. class A (quar.) 175c 8- 1 6-23 Daitch 2% 8- 2 6-30 Dallas 2IV2C 8- 1 9- 1 8-12 8-31 8-15 113c 11-30 7- 8 11-15 8-31 8-15 11-30 8-10 7-20 $1.05 8-10 7-20 Crystal Dairies Power & Light, $4.24 preferred 4Vz% preferred Dan River Mills Bros, $4 pfd. (quar.) dividend) 3% (quar.) (quar.) (stock Davenport Water, Davidson (stock SI.13 dividend) preferred (quar.) 5% 100% (quar.) $1.25 50c 7-30 20c 7-30 7- 7 7- 7 7-13 7 8-20 7- 8- 5 7-15 8- I 7-11 10c Dayton Inc. Rubber Class Deerficld A (increased Co., quar.) 7-19 7-23 7-19 8-15 7-27 25c (quar.) (continued ; on page 48) 7-11 7-25 7-11 25c (quar.) 7-25 50c common (quar.) Glassine 7-29 5c Daystrom, 7-30 7 3Cc 11-15 40c 25c (quar.) 6 8- (quar.) 8-15 I25C (increased quar.) 7- ?15c 115c 125c (quar.) 2 8-15 Curtiss Wright Co.— 112c (quar.) 6 8- 10c Zellerbach Crum regis, preferred Internationa), class A (quar.) Seal, Ltd. (quar.) 8- 6-30 ord. 5% (quar.) class A 8-22 7-29 7-11 7- (quar.) 8-22 HOC 1 2 $1.75 1 (quar.) Shoe, Ltd. 120c Trust, 8- 8- $2.50 (quar.) deposit 1S1.50 (R. 17 %c 32 %c (quar.) quar.) Ltd.— 131'Ac 40c (quar.) («-ai Refining— common 8-15 tlOc (interim) common 75C (quar.) (quar.) Continental Life Insurance 7-25 $10c (quar.)—— common Light, Gas 7-20 9- $1 $1.75 (quar.) tlOc com. (quar.) & 1 75c (quar.) Ry. (s-a)_ Chicago & St. Cincinnati, common 115c —— Investment (quar.) preferred 3 8- 9-14 8-10 (1954 series)— Caterpillar Tractor, com. 4.20% 10- Co.— $1.25 class 115c (quar.) (quar.) (quar.) Class 7-15 7- 110c bonus Products, class A A 8-16 $2.50 (quar.) bonus com. preference Class Celotex Corp., Ry., t$1.25 Ltd. Carpenter Paper Co. Catelli 3Cc —-—-—_—— Clearfield 4% , & (quar.) ; Co. Insurance 125c Ry., com. 50c — : Ltd., Ltd., 9-13 1 1 $1.50 (quar.) —— Cos., 9-30 preferred preferred Bakeries, 1 $1.25 1 $1.17% - Sugar Co., Ltd. International common 7- (quar.) (quar.) 7% B 7-11 7-26 HOC Foundry Ltd., Common 10-18 7-27 9- $1.75 (quar.)__ Oil Class 6% (s-a) Ltd., common (quar.)__ preference (quar.) Canadian Industries, 1 . 8- 1 Corp., Ltd Mortgage Corp.— Co. 11- 8 10- 1 preferred (quar.) Canadian 7-20 9- Ry. Bronze Canadian 7-20 1 9 12- «. convertible Ltd., 1 8- 9- 9-10 anniversary anniversary Southern Class 8- 7-20 12-10 (quar.) Power 100th Canadian 8-20 i2yac common Permanent Special $1.25 8- I2V2C (quar.) Northern 8-26 5 RR. (quar.) Co. Co.. conv. 1 preferred (quar.) Foils, Ltd., A 4%% 9-30 Distributing Co.— preferred (quar.) Cement Co. Canada Canada 8-26 1 SI.50 City Investing Co., common City Stores Co., common (quar.) 8 & (Initial) common Soup preferred Baking 9- $1 (quar.) Refrigerating & Terminals Co. Campbell Red Lake Mines, Ltd.— New 7- 1 9- 1 $2 33c — — Camden 15c (quar.) 8-16 25c — preferred (quar.) preferred (quar.) California Packing Corp. (increased quar.) Canadian Breweries, 9- 8-30 50c (quar.) 6% Canada $1.08% (quar.) —- $4.70 8_ 6-30 City Conduits California-Oregon Power— 7% preferred (quar.) California 1 9- (s-a) 10c Timber & 8-1 1 Cities Service 8 com. *•» Land Storage participating participating $1.50 5% 8 shares (quar.) $1.32 preferred (quar.) Calaveras Cement (quar.) Cold 8- 2'.'2% Milling Machine, common (quar.) preferred (quar.) ^ Cincinnati, New Orleans & Texas Pacific Ry. 7-25 21. (quar.)— Extr£i 7- 7 4% 7- ex¬ (accum.) (quar.)— preferred Calif. 8- $1 Inter-Terminal RR. 20c preferred $1.25 9-1 7-29 $4.50 Cement 9. 1 $1.02'A preferred B Inc.— new four B effective & 8-1 8- 7-15 Each share of Telephone, com. (quar.)——— preferred 8- $2 Cincinnati 150c Mills, Ltd., common (quar.) $1.50 1st preferred (quar.)—— 80c 2nd participating preferred (quar.)— California Electric Power, com. (incr. quar.) $3 preferred (quar.) Portland 7-25 67 %C Ry. (stock dividend) Paul & Pacific RR. & Pacific Electric Co., & preferred 7-27 $1 Linen Water 4% 7- 5% Burry Biscuit, $1.25 preferred (quar.) Butterfly Hosiery Co.. Ltd., 7% pfd. <s-a)__ Byers (A. M.) Co., 7% preferred (quar.)—- California 7-31 8-15 preferred (quar.) Cincinnati 9 150c shares of common 7-15 9- 1 8- 4% 9 2- St. Island Gas 8-15 $50c shares new common. receives each new 7-25 $1 20c 20c - - B 7-15 7-25 50c (quar.; 50c —- - A~ Rock 7-27 $1.50 — ——— pref. 7-31 ' (quar.) Colorado Oil & Gas Corp., common — 2 SI.25 8- 11-10 45c (quar.)— _— class and 8- $1.25 1 1 95c (s-a)_ changed for Milwaukee. Colonial preferred (quar.) 9-1 9 912- 5-31 14% Co., Ltd., class A pref pref B Class 8-19 Chicago $3.50 (final) A Class 7-31 $1 $10 preferred Great" Western Coghlin 6% pfd, (entire issue redemption on July 31 at $110 plus this dividend) Inc. Class Canada o- 1 Ltd.— (quar.) Bullock's. Inc., 4% 8-10 1 8- 7-15 t$1.09% Co. 20c — 1 7% (final) Products, preferred (quar.)_— Budget Finance Plan (stock dividend) 8-10 9- 8-24 Bigelow, for 7-20 8-15 11 Class ordinary Bryant Chucking Grinder Buckeye Steel Castings, 7-29 9-30 Chicago, Gas Union Gas & 7-29 8- 10c Ltd.. ordinary Taunton 8-15 75c 55c 50c (quar.) preferred Brown 1 8-1 1 Telephone Co.— preferred Brockton 1 1 8- 1 tlOc Petroleum. 7-29 70c Rubber Forest Columbia 8-31 87'/2C (quar.) Quarterly 9- 1 Chicago Ltd.— receipts Columbia Canadian 3.75% preferred & 7-21 7-18 1 7-30 5% — common British 9- 9-1 8-15 8- $1 = Co. Boston 7-21 1 Chicago & Eastern Illinois RR.— 8- 1 3-1-56 5c (quar.)—— (quar.) Edison Campbell 8- 9- $1 (quar.) preferred B 7-20 12'Ac Automobile Banking, com. (Increased (quar.) Class A (increased quar.) 6% conv. pfd. A (quar.) 6%preferred Corp., 3'A% Boston Canadian Car Nicohls & prior 1 56'Ac (quar.) Aunor Gold Mines. 8- 59c _ Newspapers, Class A 7-20 27'Ac (quar.) Atlantic Refining, Augusta j.. 8-11 62'Ac (quar.) 2nd preferred (quar.) 4.35% 9 1 25c non-cumulative preferred (s-ai Atlanta & Charlotte Air Line Ry. (s-a) Atlantic City Electric— 4.35% 6-24 9- }60c (quar.) preferred preferred 7-28 9-10 25c (quar.) Ltd. (interim) 120c 5% preferred 7-8 1 9- Cleveland (quar.)— com. 1 8- 8-10 23c (quar.) (quar.) (quar.) Special 8-15 and — preferred 87'Ac Equipment CorD., 4'A% pfd. (quar.) Atchison, Topeka & Santa Fe Ry.— 4% 8-1 50c Aro 4.10% g-10 $1.12% Louisiana Gas Co. Common 1 8- $1.12'A common A 9. 5 62'Ac (quar.) Public Arkansas 7- 7-15 25c Service, common $2.50 preferred (quar.) $2.36 preferred (quar.) $1.10 7-26 10c com. participating preferred (quar.) Corp., Ltd., common (quar.) Arizona 7-8 1 62'Ac Inc., (quar.) Co., 8- 1 10- 10c ■— gains earnings)—-— Fisheries, 4% Calaveras 8- 30c America, (quar.)___ $2.50 preferred 4.50% 7-20 8-29 7-28 156'Ac (s-ai (quar.) of 1 7-20 75c (quar.) Animal Trap Co. 5% preferred 8- 8 50c tl5c Anglo-Huronian. Ltd., Co. Arden 8-1 $1.25 (quar.) Anvil 7-20 1 i Anderson. Clayton & Co. (quar.) Anglo-Canadian Telephone Co.— Class 7- 8- 50c $5 Cable from Bank Chicago Corp. (quar.) Chicago Dock & Canal Cleveland, Mfg. Co. (initial) Corp. (2c from capital Borax Consol. $1 9-10 9c $1.20 7-29 25c American Zinc, Lead & Smelting— Stock dividend on common & 3c Booth Service Estate Trust convertible 75c income — g-26 7-20 7-10 1 3'A% 15c — 9. 1 1 15c California $1.75 8810- 20c ——■— Caldwell 9-6 7-20 25c (quar.) 7-1 9-24 1 $1 (quar.) 7-15 35c .7% 1st preferred (quar.) American Thermos Bottle (quar.) American Viscose Corp., com. (quar.) 5% preferred (quar.i preferred Anaconda Wire Tobacco, com. 7-1 Sanitary quar.) 7% 8- 5c 8-1 9-12 9-22 40c 7-29 12-12 Cheiry-Burrell Corp., common (increased) 4% preferred (quar,)_. 4% preferred (series of 1947) (quar.) Chesapeake Corp. (Va.) (quar.) 50c (increased) 8-1 9-20 4 7-15 —— 55c 12-20 8- 1 Public Real Manhattan 50c Bymart-Tintair, Inc., 5% preferred Byron Jackson Co. (quar.) $1.25 1 8- Ridge Mutual Fund, Inc. Bondstock 7-20 8- 9- 20c —-—- Bogue Electric 7-20 Central 9-22 8- 1 33c (quar.) Chase 10c Quarterly 9-1 $1.25 .. & Corp. investment Corp. Chain Store 50c . prexerred (quar.) From West 6 8-24 Co (quar.) Inc. Vermont South 7-15 (quar.) Bros. & 9- 25c (quar.)————'■ Mining-. 12'Ac (increased) — preferred Oil (E. W.) Central 7-15 3 7-21 40c 1 3 1 $1.05 —— Utility (s-a) 1 10- 9- 8- SI (quar.) preferred (quar.)— 7-27 10- 9-15 preferred 4.20% 7-11 1 (Texas)— 8- 15c (quar.)—— Blngham-Herbrand 10c (quar.) com. (quar.) Light Co. 10- 15c Co, 4% & Central Public ' 37%c common 6% preferred (quar.) American Phenolic Corp. preferred 1 9- 6c 5% 10- 7-15 15c Wdrks Watch Above 65c 5% 0% 7-11 7-27 1 pref. Power 8- 37 %c Securiites, conv. Cincinnati — of Stock Gas, 7-25 $1.25 preferred (quar.) American Molasses Co.— Radiator 7-14 $1.12'A 4'A% Natural 7-21 1 J.)— _ com. 1 8- $1.50 (Newark, Co., 8- 20c 9-30 9- $1.50 Central 12-30 9-15 25% & Company (quar.) Foods, Inc. (quar.) Special Burns & 85c 10-14 135c Best called 3'Ac (quar.)———— 8 1-13-56 $1.18% ——-—- Consolidated Blue 7- 125c Mfg.— — Iron Bell Central-Illinois 7-29 140c 6% (quar.) Distilling 1 9- 45c (quar.) net income American Can Co. 10- 30c (St. Louis)— American Box Board Co. (increased American Lus.ne&s Shares— American 9- 9-10 10- 50c (quar.) preferred Co. &c Benquet 6% 7-20 7-30 $1.50 ————-— Belmont Blue 7-30 8-15 75c -—————— Borg-Warner 1 t$1.32 Quarterly Book Quarterly British (quar.)__ (initial quar.) (quar.) Automobile Insur. Co. 10- 8-17 93%c preferred com. American 5 8-17 t55c __ Amerada Petroleum, American 1 14c 100% _ American 7-15 9- 20c — ___ American 1 110c $2.50 (quar.) Co. of America, common preferred <quar.)___ Aluminum Co. of Canada, Ltd.— 4% preferred (quar.) 5'A% 2nd preferred (quar.i 5% 7-13 7-22 1 30c —.— $3.75 American 8-1 88- 20c Aluminum American 9-10 8-20 10c (s-ai Thermal 3 9-15 Youngstown RR.— preferred Allied (quar.)— (quar.) Control Co., com. preferred (s-ai_. 7% 10- 10c Canton & Allied 1$1.25 9 19c Chesapeake & Ohio Ry.— (quar.) dividend Bishop 9 12- Apartments— Belknap Hardware Quarterly ' Quarterly Bloch 9- 12-20 2%% — —■ Benrus 9-20 $1.25 5c — preferred (quar.)— (A. S.i Shoe, common (quar.)4%% preferred (quar.)—————-— Beech Aircraft Corp. Bliss 50c ; Airfleets, Inc. (quar.)—; Air-Way Industries (Increased Akron 9-10 $1.10 (quar.) Shoe Radio 10-3 +30c ——— Products Control 7-20 Inc.— (accum.) Com. Agnew-Surpass Air 7-30 112'Ac (quar.) Alloys, Payable of Reo. Ltd.— —— preferred Holder) 7c Refineries, Aluminum Acme A iqiiar.) $1.20 class 57o Share When $1.25 (quar) Distilling, common prior preferred (quar.) $6 1st preferred (quar.) Beaver Lumber Co., Ltd., common Stock (quar.) B 175c (quar.) Best Per Name of A $1.50 15c give the dividends we cl. $3 A B Electric Corp. (quar.) 50c Paper Ltd., Beck 8-16 20c —_ B.) dividend Class 31'Ac — (J. Stock Beaux-Arts convertible 15 Beam 8-15 and and Hudson Gas & 21c shares— (quar.) —_ A series A 25c Baystate Indus.) series preferred $1.25 ————--; Bathurst Wood preferred 5% Central 25c — 7-28 — 6% 7-15 7-20 $1.50 (quar.)— 8-2 Woodley Petroleum Co., 5% pfd. (entire Issue called for redemption on Aug. 16 at $52.50 to Co. Holder9 Payable of aec. 7-30 37'/2C (quar.)— (quar.)—— 8-15 Machinery Corp. (quar.)— Industries, common (quar.) convertible Extra 1 6% Share 7-30 $1 50 Co., preferred 9-1 Newspaper 5% Ltd Canada 8-15 Piano Company Georgia Ry. Co.— IOC (reduced) of 5 of I6c 8- 8- Fund 7- 7-25 When Per Name of Central $1.12% (quar.)---—.— 8-25 34%c preferred (quar.) Indus, (see Gar Woodall 22c 7-15 30c 8-15 (quar.) (Gar) Wood 8- 8 1 8- 1955 $1.12V2 (quar.)—— com. common..—37%c Wisconsin Electric Power, 6% preferred (quar.). Wood Co., & preferred (quar.) 4'A% pfd. (series 1947) 10c <quar.)_ preferred (L. S.) Holder) Payable of Rec. 56 %c 4'A% 10c — Pulp & Paper— preferred (quar.)_—— Weyerhaeuser Timber (quar.)—— Auto 9 $0.6333 -■—: (quar.)—1 4%% 5%% 9- When Share —- 8-15 . West Virginia White's \ Mfg., $2.25 preferred (quar.) Axe-Houghton Fund "B" (From invest, inc.) 40c — ——_.—_— Fixture Company Avco 20c —T 1 & 9 25c (initial) preferred Showcase Per Name of 9- $1.06% (quart- Swasey Co. (quar.) Steel, common (quar.)— Extra Holder) Payable of Ree. 25c (quar.) Washington Weber preferred Co. Corp. Mfg. Vogt Cos. participating Norman When Share (quar.) Machinery Corp.— Hoffman 4%'if Van Commercial and Financial Chronicle... Monday, July 25, The 8-15 8- 1 Number 5449... The Commercial and Financial Chronicle Volume 132 (323) Stock Record «» New York Stock Exchange DULY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED STOCK STOCKS Range for Previous 49% Apr 40 % Nov 1 Jan t 10S 9% Jan 6 , B 115% Apr 20 14% Dec 31 5 53,i Jan Lowest Highest Highest 39% Mar 14 107 13 Jan ' v Jan 6: 3 Abbott Laboratories l 16% Jan 27 18 ACF-Brill Motors Co AGP1 Industries Ine 12% Feb 46% dan 18 69% Jun 17 78% Jun 20 5 _ 44 'A *108V4 Jan 4 50% Dec 30 Nov 24 56% Dec 30 Jan 18 26% Dec 31 2S%jan 6 32% Apr 27 44% Nov 29 38%, Jan 6 46 July 22 Adams Express 24% Jan , 31 Aug 20 30 Jun 3 34 Apr 21 Adams-Millis Jan 89 NOV 30 77% Jan 21 113% Jun 9 -Nopar Addressograph-Multlgraph Corp__10 21% July 8 27% Mar 14 30% Jan 4 Admiral 53 - 29% Dec lBV* May 22% Mar 24 123 3 Feb 104 2% Jan Dec 33 172 155% Feb 12% Jan . 29 Dec 29 107 July 29 162 3% Mar 25 4 . 8 Mar 15 138 Jun 13 170 Jan Jan 20 21 % Dec 4 29 29 109% Jan 85% Jan 6 116 July 21 7% 16% Jun 14 18% July 28 18 Jan 28 July 22 Aldens 72 Jan 12 85 80 Jan 89 Apr 3% Jan 140 80 111 2 Aug Dec 29 4 9 Sep 29 210 Dec 23 Jan 141 Dec 27 6 11 326 Jun 3 Mar 14 170 Jun 24 122 4 45% Dec 16 38% Jan 18 59 97 4 113 Dec 20 100 Jan 21 120 92% Mar 11 106 Dec 13 104 Jan 4 15% Dec 30 May 6% Jan 6 71% Jan 8 16 Mar 28 104% Dec 20 20 July 12 1% Jan 20 209% Jan 3 28% Jan July 18 Allied Chemical 9 July 22 19% Dec 16 19 Jan 3 23% May 40% Sep 55% Dec 29 34% Jun 7 40 4 DO Jan 5 97 45 % Jan 4 51% Mar 14 63% Jun 98 Apr 11 Jan 6 81 Ya Apr 13 Jan 24 160 % Apr 11 116% Jan 6 134% Apr 15 34% Jun 103 7 70 7 8 26 145 May 28 124% Nov 17 93% Jan 55% May 12 47 Jan 1% Jan Dec 29 3% Feb 5 72% Jan 16 78 11 18 2"% May 16 3% Mar 29 May 13 Jan 11 26 % Dec 15 25% Jan 17 29 May 16 57 Jan 7 Nov 23 11% Jan 4 70% Jan 4 109 Dec 22 26% Mar 16 35 Dec 27 105% Dec 17 32% Dec 20 66 Nov 5 6 6 29 % Jun 8 6 139 % Jun 13 31% Mar 15 35 % Jan 12 27% Mar 15 Jan 2 110 May 31 31 % Feb 68 100 17 31 18% Jan 31 29 23 July 11 22% Mar 30 Mar 30 21 % Mar 8 9% Jan 3 of America 6% 3%% 4%% Airlines cum preferred Note Bosch Arma Shoe 5Va% 140' 106- Apr 4 Mar 15 American Can & Radio Co 40 Jun 16 3%% conv Jun 22 33/4% conv 52% Jan 4 American American Encaustic 26% Jan 39% Dec 9 Dec 23 15% Dec 27 13% Jan 18 33% Jan 42% Dec 48 Mar 28 Jan 28 44% Jan 20 Jan 14 17% Jan 70 16 1 69 Jan 17 11 Jan 6 96% Jan 26 27% Dec 2 31% Dec 30 107 Apr 21 83 14 American-Home 13 American 28 6% convertible 7 6 45% Jan 5 63% Feb 23 Amer Metal Co Ltd 24 104% Mar 25 Jan 21 31 20% Mar 14 29 Vt Jun 30 31 24% Mar 16 32 Jun 30 5'/2% 11 % Sep 23 10% Jan 15 Jun 17 American 14% May 12 50% Oct 7 46% Jan 15% May 6 13% Jan 4 57 % Apr 15 4y2% 5 3 9 American 72 y* Apr 11 American 24 34 Oct 26 42% Jan 13 57 May 24 27% Jan 4 144% Jan 4 35 Mar 31 118% Jun 22 25% Aug 30 44% Jan 5 45% Dec 30 170 Oct 40% Mar 14 4 161% Jun 13 40% Aug 17 39% Jan 3 125 Sep 27 33% Dec 31 122 Feb 1 29% Feb 1 543A July 172 17 Jun 13 74% Dec 8 84 5 64% Jan 137% Jan 6 142% Nov 4 145 16% Dec 6 14% Jan 12 178% Dec 7 55 121 Jan July Jun 4 l 22 30% Apr 19 113% Jan 4 9% July 25% Feb 12% Jan 9 17 4 66% Dec 29 138% Feb 172% Jan 13 62% Feb 21 10 130% Jan 20 45% Dec 29 38% Mar 14 120% Mar 5 116% Jun 10 9% Jun 22 11% Sep 27 28 Aug 13 21% Sep Apr 21 Apr 11 203/4 Jan 31 187% July 21 73 2 141% May 13 66 May July 5 120% July 12 11% Jan 29 10 Mar 24 26% Jan 13 25% May 17 28 Jun 21 17% Jan 30»A Jun 16 15 6 Jan 28 4 94 % Sep 27 93% Jan 6 119% Jun 22 52 29 47 Jan 6 73 y2 Jun 22 Dec 45% Jan 4 30 Jan 5 41% Aug 13 13% Mar 30 40 1D0 Jan 6 109% Nov 24 12 45% Dec 23 52% Mar 29 104% Apr 26 39% Apr 12 110 33% Jan 59 Nov 23 62% Jan 6 65 Mar 8 41 July 21 8% Feb 23 For footnotes 46 15% Nov 29 see page Jan 13% Jan 26. 6 3 Mar 7 common.. 41 41 41 68% 69 69 69 600 28% 28% 28% 28% 28% 700 28% Water Works Co Preferred 6% 56% 165 *150 159% 159% 110% ' 58 % 117 30 *94% 58% *160 30% 95 30 30 00 60% *160 170 series 170 37% 373/4 38 45'% 64'% *1053/4 27% 16% 17 17 17% 17'/8 17% 17,700 UVa 14% 14% 14% 14% 14% 30,100 46% 45% 46% 46% 46% 46'A 47% 11,400 *64% 65 % 66 78% 11% 104 4 4 32% 78% 12% *102 31% 32 32% 32% 32% 105 *104% 105 Va ♦104% 27% 29 106 28% 45 187 70% 136'A 138 28% Common preferred Anderson Clayton St Co Anderson-Prichard Oil Corp 29% Apr Andes Copper Mining 6.25 4 37% 32% 28% 78% *28 32% 29% 3,100 11% 11% ♦102 *104% 300 2,200 104 ■ 29 32% 400 1,900 106 30% 20,200 92 ♦90 92 ♦90 92 50 37 37 37 38 4,700 55 Va 56 55% 56 56% 563A 56% 57% 8,000 *105% 106 105% 27% 27% ♦30 13% 105% 28 27% *30 32 13% 32% 133/4 *105 27% ♦30 107 28% 32 1073/4 10 28 28 % 3,900 ♦30 32% *105 13% 13% 800 9% 10% 30,700 54% 56% 54% 56 Va 55 V\ 55% 7,300 33% 33'A 34'% 34 y8 34:% 34 34% 18,500 44% 44 44% 44% 45 45 »A 46% 83% 9% 82% 83% 843/4 86 85 VA 85% 14,300 25% 25'A 25% 25% 25% 25% 21,800 13% 9% 10 54% 55'A 32% 44 Va 82% 180 I 10 176 176 13% 93/4 ♦175 13% 10 179 ♦175 6,000 10 179 ' 7% 7% 7% 7% 7% 7»A 7% 4,300 31% 31% 32 32 Va 32% 32% 32% 32% 3,800 59% 59% 59% 60 % 60 60% 60 60 50% 51% 51% 51 51% 52 52% 18,100 166 166% 1,190 7% 503/4 165 165% 166 167 *45 45% 45 45 125% 125 3 4 33% 34% 49 49 79% *1253/4 127 34 35% 49% 80 50 79 80 166 45% 127 45% 127 13,800 49% 50 49% 49% 3,600 78 78 *141 142 18'A *17 17% 16% 136 Va 18634 186% 186% 17 187 % 71 72% 713/4 72% 71% 72 % 137 137% 137% 138% 137% 138% 9% 28 *26% 28 112 ' 26% 28% 17 186% 71% 138 58 57% 58% 58% 118 117% 117% 117% 9% 9:'A 93/4 693A 58% 38% 37% 38 . 108 40% 47% 473A 25 25 600 79'A 142 740 17 3.400 187% 26,500 72'/a 28,900 138% 720 59% 40,700 117% 730 9% 4,700 9% 9% 28% 28 28 27 27% 27% ♦27 y« 28% 28% 28% 22% 223A 23'A *263/4 27% 111% 113 57 40% *78 140'A 27'/a 9% 28 68 ♦106 130 35i/a 17% 57 Va 45=»A 129% 35 141% 118 500 453/4 128% 35% 141 186% 166 380 34% 141 % 141 71% 58 % 106 108 *40 40/2 47 4 48 25 A 25 A 28 106 78% 11,700 37 *22 No par 21.80 10 14 11% 700 4% 4'/a 32 36% *90 57% 69% *58'A 78% 104 65% 32% *65 37% 117% 113'A 113% Va 90 56% 25 28'A 4 90 117% 50 28% 28 65% 31% 37% .57'A 9% 27% 27'A 28% 28 28 28 117Ms 117% No par 11% *27% 12534 34% 49% *79'A 81 140% 141 17% .• 17% 1 78 *102 *104% 51Va 523/8 165 165% 9% *27'A 26% 28'A 11% 104 4 27% 31% *175'A 56'A 77% *11% 104 65% 31% 105 28% 92 37'A 56'A 25% 186'A 70% 4 32 77% 78% 11% ♦102 64% 64% ♦31 4 *31% *175'A 180 7% 7% 32 32/a 5S % 60 *44V2 *125'A 34 49'A 900 300 16% . 25% 253/a 3,000 2,500 14% 4'% 55'A 120% 16 32% 27Va 31% *104% 28 *90 36% 119% 4534 4 78 Va * 118% 13% *31 *11% *38 38 % 116 14 Glass Corp— 3 57% Jan 28 20 46% 1 *102 *38 , Anaconda Wire St Cable 1,100 39,200 4,600 38 25 ._—: 900 95 ♦94'A 59% 38 % —25 prior conv preferred Co 95 57% 45% *37% 16 Va 13% com—5 Amer Zinc Lead St Smelt com Anaconda 30 30 *94% 581/4 45 % par 25 100 series 5%% *28 45% 49 100 44% Jan 1 41 68% 13% 5 100 25 Tobacco preferred Preferred $4 40 Va 68 % 49 com—100 100 Viscose Corp com.. Anchor Hocking Jun-20 46 39% 13% 25 preferred American $5 *45% 68 % 41% 13% 100 'When issued73 23% Jan 45% 40 42 48% common American Tel & Tel Co American 1,000 45 % 40 41% 13% j. Tobacco 45% 42 48% com—,—No par Refining preferred— American 14,000 41% 13% 100 —5 Seating Co__— —10 Ship Building Co—No par Snuff Co 30,100 42 Va 42% 41% 48% Std Sany common—5 preferred 1,400 % 13% preferred American Sumatra 5% 165 8 48 6% 6% 20% 7% 13% cl B—No par St Chem & Rad American 7% 32% 20% 7% 48% American Sugar 62% Nov 4 153 Co Optical Co Potash Amer Smelt & Refg 7% 48,100 32 20% 116% 35% Apr 12 58'A Feb 18 8 10% Feb 25 7 1,800 13% noncumulative preferred—100 American Steel Foundries No par American Stores Co 1 Jan 47 5 22 129% July 22 121 % Jan 50 Apr 453A July 105% 43 Va American Safety Razor— 22% Feb ♦105 32 34 25% 9% Jan 37% Feb 7% 12,300 20,400 105% 7% 45% American News American Amer 100 41 % 31% 83 /2 179V2 Jan 16 17% 65 'A 40% 20% 77 7 Jun 17% 65% 41% 8'a 443/8 7% May 25 29% Jan 6 50% Jan 6 21% Mar 14 105 18% (i 3 20% 1 19 170 40% 2,500 68 7% No par 53y4 Mar 87% Apr 27% Jun 9 106 % 17% *66 10 29% 20% 13% 10 /a 543/8 32%- 3 8% Dec 31 40% 100 8 *13% 9% 54'A 30% Co Gas 6 180% Nov 17% 29'A *67 20% 1 5 25 Molasses Co American Natural 6 Jan 68 32% 7 % 32 26% Jan 6% Jan . *30 67 169 29% 32% 2 39% Jan 13% Jan 108 31% 20 American Motors Corp Amer 106 % com 27% Dec 30 3 2,700 *105 108 116% .—100 Products 73% Nov 23 24% Dec 22 11 106 % 110 1,000 34 *67 68 42,900 131 34 *29% 40'% 27% 27 130 34% 30 *66 40% 1,600 27 68 17% 68 39 Va convertible preferred— 42% Dec 31 38 y2 Apr 17% *66 8,900 49% 13% 38% 16% No par No par preferred American Metal 34% Jan Jan 17 % 18 40'% 97% 78'A 130 30 68 300 97 % 77% *67 30% 28% 116'A 10 com 32% Jan 6 29% *67 68 50 com Amer Machine & Metals Dec *150 5 Investment Co of III 41% Mar 16 17 *105 2,100 28% 13% 1 9% July 11 107 12,400 3% 41 *48% 1 Dec 5 107 9,800 15,200 109'A 3% *37 116% prior preferred 100 American Mach St Fdry common—7 3.90% preferred 100 25 12 107 26% 107 n 1 5'A% 28 7% Jan 34 30 American 7 S% Nov 22 130 34 27 26% 95 American International Corp_ 4 39% Jan 130 34 30 4 107 130 34 *94 14 94 y* Jan Feb 78 58% 23 35% Apr 107 98 Va 78 30% Jun Jan 20 97% 79 95% 33% Feb 19% Apr 15 98 77% 57% 107% Feb 24 8 96 95'A *30 1 21 Nov 28% 10 No par 27% Jan 54 19% Jan 11 28% 10 Products 89% May 25 Jan ♦27% 100 Ice Co common 25 4 28% 27 *103% 68 3% 28 % 129 34 29% 107% 41 26% 34 28% noncumulative preferred__100 94% Oct 30% Nov 23 3% *36'A 78 *28 preferred 28% July 27 4 11 3% 40 98 68% Power—No par Hide St Leather Mar 30 Apr 12% Jun *3 *36% 128% 27% 129 45% 2 25% Jan 20 29% May 19 104% May American Foreign 38 103% July 15 106% 40 % 68% American Hawaiian SS Co 5% Apr 28 24 17% Jan 75 y2 Jun 25 106% 40% 68% 40c 1 Jun 105% 3Va ' 45% Gas & Electric Co 6% 100 37% 42% No European Secur American Export Lines Inc & 20 125 20 American 29 153 125 125 *149 69 i 42% ...__ American Jun 100 12,500 68% 107% 7,400 75 % 37% 20 % Tiling 14 Jun 19 21% Feb 17 3% Jun 59% 97 % 74% % 7'A 10 48% Apr 13 12 84% Jan Nov 62% Feb 29 147% *123 59 *96% 74% 69 No par 7 100 14 23% Jan 100% Jan 100% Jan I 31 32% Oct 27 7% May 17 92 Dec 4% Dec 76 2% Jun Mar 30 59% 98 73% 38% 106% 109 107 59 61% 12.50 American 11% Sep 8% Jan 38% July 6 lay* Feb 11 57 9,200 1,400 3,600 37% 20% Distilling Co 10 26 40 38 % 7% preferred series B_100 preferred series C-100 15'A Jun 16 23% 38% 68 Va 20/« Crystal Sugar com prior preferred—, Cyanamid Co com 4%% 18 3 125 1 Corp American 26 Jan 23 % "A 37% 31% American 12% Jan Jan 3,800 67% 33 % Colortype Co 46% Feb 15 18% 115% 38% 31% No par 8 30 18% 113 nA 70 1 Cable 27 16 '122 18,100 18% 37% *106% preferred 54% Sep 34% Mar 10 125 58% 68 100 common 13% Dec 7 17% *65 common Jan 8 *121 25 Cable 17 125 29 *67 50 preferred American 22 162 125 37% 170 57% 1133/4 113 147% 150 20 Inc 27% Mar 14 21 18% *150 58% Broadcasting-Paramount American 27 33% *1/3% No par com preferred 297/s July 11 30% Jun 2 114% Dec 2634 129 Corp com.__2 ser Co convertible Theatres 7% 107% 10 common preferred 1952 Brake 23% Mar 17 28 "147 71 50 25% Aug 12 32% Dec 6 31% Jan / 100 preferred American 5% 70 1 common conv American Bank 2nd *1^1 37% convertible preferred—100 11 148% Dec 57% *96% 74% 148 78 American Bakeries Co com—No par 98 72% *145 96 20% Jun 125% Apr 21 105% Jun 30 18% 114 % *96% 73% 80 American 6% 98 98% Co Jun 17 Va 168 *155 58% 112 *78% & 63 17% 113 par Chain 100% Jan 17'A 112 Agricultural Chemical—No par Chicle 1 110'A 28% American Mar 14 *109 *27% American July 110'A 28 3 48 *109 3 6 93 112 41 20 29 *109 3 Jan 29 112 165 57% 146 146 69,900 122 *109 *36 41 % Jun Sep *118 41 71% May Dec 123 3Va 18 99 *119 *36 28 97% 1 50 10% 122 *155 58% 1 com 9% *202 *117 17% 17 1 convertible preferred- 12 56 10% *202 7,500 123 57 V* 50 Amalgamted Leather Co 60 4 *109 —No par 35% Jan 5 89 59'A 66% Dec 21 Jan 89 200 28 59% Co 18,600 118- 27% *117 7 2-/a 38% Nov 29 Jan 171 1,000 21% 21% *116 89 9% j 4,400 27% *86 , 3% *160 *96 'A 48% Nov 29 91 10% r.; 130'A 165 3% 174 59 97% 4 22 58 Va *118 73% 4 43% Mar 25 10 Va 22 Va 116 8,000 10,200 123 112 *167 73 ya 4 47 87 % *212 £7% 48% Jan Jan 10% *202 53% 27% Jan 44% Jan 10'/a 10% __ Corp common__No par preferred __100 6% July 7 38% May 16 43% Feb 1 45 % Jun 86 Allls-Chalmers Mfg common 20 3'A% convertible preferred___l00 Amer Dec 85 27 39 33% July 15 10 85 21% 115% 23 4% 19% Dec ,27 37% 106% July 19 49% Jun 116 26% 23% 12 11 *115% 27 37% Jan 23 116% 26'A 23 'A Amer 4% Jan *115% 59 41% July 22 35% Feb 21 % 36% 6 18 21 % 23% 6 22% Jan 21 Va 130'A *160 3% 37 % 14% Jan 31 20% 130 3%. 165 3% 23% 33% Jan 25% Dec 130 37 56% Jan 100 10% *201 35 *160 86 *84 34% 165 3% 300 900 35 Va 129 33/4 31% 113 34% 58% 20 5 127% *160 3% 27% 27 1 129 165 33A 21 *115'/a-116% 1 *126 3% ' 23 % Mar 15 104% Mar , « 37 'A 59% Dec 84 20% 5 Amer 65 " 100 30 1 165 3% 1 23 Feb 129 *160 lo 91% Feb 100 *126 100 105% Jun Jan 'T *160 100 1,600 10,400 23% 23 % 41 4 34'A - .7,100 3,800 23% 37 15% Dec 20 16% Jan 34'/4 31 'A *110 ■" 23% 23 % 58 4 34% 31% 110 66% 23 Va 5 4 14% Jan 33% 110 t No par 4 15 34% Allied Stores 21 Jun 33% 31% 23% 110 Allied Kid Co 37% Jan 96 23 114'/a 30% Oct Jan 110 23'A 1 112% 6 3 111'A No par Dye .* 31 % - 22 3/4 May 12 20% Jan 44% 23% common & *109 4' 23% 77% July 15 102 *31'A 31 y2. 111'A 113 . ___i Amalgamated Sugar Co (The)Amerada Petroleum Corp..—No 92 4 46 Aluminium Limited- 39 4 45 Va 6 5 Jan 45'A 112% July Jan 16% Jan 45 *31 Aluminum 34 56 4434 31% 4.08% convertible preferred 100 Alpha Portland Cement—10 16 18 44% 31 y* 6 Feb Feb 43»A 2 35 93 45% May 23 29 45. 74% July 40 Apr 22% Dec 32% 65% - No par 4% 23 91 741/4". 75" 31% 72% Allied Mills— 9 94% Jan 147% Nov 66 73% 31% Allen Industries Inc 4 65% 73%' 31: 16 9 11,300 65% 10 6 u1/* 30 % 110% Jun Jun 11 73% Alleghany Ludlum Steel Corp 1 $4,375 cum preferred No par Alleghany & West Ry 6% gtd 100 19 4,000 11% 65 y* common 122% July 65% 100 13% 73% preferred A 10Q $4 prior preferred conv____No par 7 11 11% 12,300 103 13% 30 Va 5%% 20 11 - 73% preferred. Jan 11% *108y4 13% 30% ; 14% Jan 11 109 13% - Shares 45% 30 common 93 11'A 13'A . 44% 64% 28 Jan July 14 74% Nov 17 Inc Alleghany Corp 13% 45% 66 73% 1 : preferred 4%% 13% 44% 109 30% — Corp Inc 13'A 65'A *■ . Jun 37% Jan 3 Col.! Corp Products 13'A 44 'A 109%. 30'/» Alaska Juneau Gold Mining Alco 43 % *108% " 73% 4.50% pfd 1951 series. Alabama & Vicksburg Ry 26% Mar 30 18% Jan Dec 20 I v 44% 110 the Week - July 22 10 25 _ Air Reduction Inc common 5 6 Jun 3% Jan 43% *108% Friday ■ _50 common 5%- preferred Acme Steel Col. 37% Jun 20 1^0 Sales for Thursday. July £1 July 2b 11'A 2.50 51. 27% Jan 44% • PRICES Wednesday 13%- 1 32 20% Jan July 19 —100 common _ 7% Mar 23 Tuesday July *8 Par 4%. preferred ABC Vending Corp. Feb 14 10% Dec Monday EXCHANGE 48% Jan 111 19 LOW AND HIGH SALE NEW YORK STOCK Range since Jan* 1 Year 1954 Lowest 28% 22% 112 28'A ♦22 113 114 28 114 800 28% 130 27%. 7,700 910 114 31,500 69% 69% 703/4 69% 70% 56'A 57% *58'A 58% 58 Va 58% 550 38% 38 % 37% 38 Va 38% 38% 2,600 68'A ♦108 109 40 40 47% *24% 48l/a 25 ♦106 108 ♦106 108 393/4 39% 40% 1,700 47% 48 48 49 3.600 *24% 25 25 25' 393/4 1 9.0(1 15 1C The Commercial and Financial Chronicle... (324) NEW YORK STOCK EXCHANGE STOCK STOCKS Range for Previous I 27/a Feb 11 4 17% Jan 4 1% Apr" 30 14% Dec 31 6% Jan 3 43% Feb 14 24% May 16 5 May 13 31 Argo 6 46% July Products Oil Armco Corp Steel 6% Jun 24 22 9 14 . 14 12% Jan 25% Apr 5 Ashland 16 16 Oil 22 104% Feb 6 4 55 62% Feb 34% July 1 6 ' 69 5% 39% 29:% 29% 4j % 42-a 4i *5% 29-/4 29 % 43*2 5% 5% 40 39*4 4J% 39-/4 29% 29% 41-/8 Shares 5% 600 40 44% 3,800 29% 1,000 451% 21,600 14% 15 14% 14% 1%% 14% 14% 15 21,400 29% 29% 29% 29-4 30-/0 29% 29% *97% 98 97% 99 98% 98% 98 «/2 991/4 5 Va Corp__^_ No *21 21% m. 6-4 2.50 Inc 21% 6% oar *25% 26% 26 *21 6% 6% 6% 26% 26 *21 21% 27 % _1 14% 15 14% 14% 14% 28% 28% 29 28 33% 33% 33% 33% Corp— 100 1,100 3,500 15% 15 6% 25,100 *28% 29 1,300 33% 34 13,300 * 1 — preferred *8 190 .» 27% 27 29 Goods 8,800 21% 6% 15% 28% 5.25% the Week July 22 29% ^j___._100 Associates Investment Co May 27 Friday July 21 I Refining Co__ Dry Common t 111% Jurr 29 8 Nov 11 111% Dec 93% Jan 26% Mar 14 29% 5% 39-8 Sales for Thursday 2nd preferred $1.50 series__No par Associated Nov 29 & 5% PRICES 20 ** _5 com Carpet CoInc____ Industries Arvin 3 Jun 30 Constable Artloom 9% Feb 17 Illinois preferred Arnold 3 16% Jun .6 18 Jan 28% Feb Mar 15 14'% Apr l6 of Co J my 39% SALE Wednesday No par 102 % Apr $3.75 *5% 10 Armstrong CorK Co common 26% Jan 31% Jan Corp_ Armour & HIGH July 1)> 3'J 5 28"" 4 30 _5 AND Tuesday July 18 No par 10 3 4 Inc 16% Feb 107s Nov 18% Jan Co 35% Apr 23 Jan W 6 19%" Mar 28 Jan 26 27 P July 13 8% Oct May 19 21 Dec Monday Par 96% Mar 23 7 22 13 Jan STOCK Archer-Daniels-Midland 5 ,31% July 13% Jan 29 102% Dec 3 May 12 36 6 A 4% May 19 38 % July 12 6% Dec 31 7 26% Dec 22 46% Dec YORK RECORD LOW EXCHANGE Lowest Highest 32% Jan $3% Jan NEW Range sinee Jan. 1 Highest Year 1954 Lowest Monday,-July 25, 195S * *110 Va 111 110 Va * 62% 61% 10 61% h% liOU 111 337a 110 % *110% 61% 61 % 61% 141% 142% j51 62% ' 33% . 33% 112 111% 111% 80 61% 62% 2,800 I Atchison Topeka & Santa Fe— 92 y2 Jan 4 29% Jan 134% Dec 8 64% Jan 13 61 121% Jan 6 14 Dec 58 Jan 5 103% Oct 27% Jan ~4 39% Dec 3 97 5 29 92 15 54% Jau 37% July 28 Mar 3 4 101% Dec 10 43% Dec 10 40% Jan July t 20 -Preferred 48% Mar 31 AUas 52% Dec 4 17 15' Jan 16 .2 47% Mar 14 t Mar 24 : 11% Mar 23 t. 14% Aug 23 18% Aug 20 i 23 24% Sep May 26 (% Feb 19 7 . „ 4 4 62% Jun 29 6% Jan 29 4S% Jan 27 Common 15 % Jun - 14 9 Atlas 14% Jatr 4 Austin Jan 11 18: Mar 21: Dec 49% Dec 7 4% Jan 37% Jan July 18 10 22% Feb 18 14 8% Apr 17. J 18 54 Mar 80 Conv $2.25 60% 60 % 43% 42-/8 *97% 69 99 99 99 48% 46 "4 48 46% 47% 38 38% 38'/a 38% 38'% 99% 100 % 99 % 42% 43 59 60% 59 59 % 99 101 1U1% 44 44% 1,800 99 48 99% 43'% 4,100 61 43% 47% 39% 1,500 20 48% 39% 43'% 100 42% 145 60 43% 99 47% 38% 143 60*2 43% *97% 38% 40% 10,000 37,800 ' " lul ♦100'% 44% 101 41% 60 500 44% 60'% 6,100 , —1—20 Corp—" *13% No par Corp-(The> common preferred : No conv 7 - *13% 15% *13% 15% iu*/2 10*2 10-/8 ; Id *17% 17'% *17 Va 20 20'% 47% 47 ; 1 41 -/2 1 *2 20 Va 2 J *4 7% 7% 6% 7 % 48'% 1 10% 20 % 20'% 6 *'8 47% 15% 10% *17% 17'% 20% 7% 48 47% 10% 17% 20 Va 20 ^3 par *13% *10% 13'% >8 *10 * 18 *17% 59% *59 59% 58% ' 13% 15% 10 »/2 10 common__-___No par pref- ($1.20)—No par Canteen Co of'Amer 5 Automatic 60% 43'% 48 prior Avco Mfg. - - Nichols 60 % 43'% 1U0 B series (voting) Tack 60% *43% *97 % _*10 1 Powder—• 143 60% 43% i_5 $3.*7o Atlas Corjj > 10% May 28 5 Feb 12 No par preferred il2 142% 142% 60 42% com—10 Atlantic Coast. Line RRiAtlantic Refining -common 8 ' 34% Jan Co 144 142% 50 a 100 4% 3 101 % Apr . 50 j. Electric City .' Mm£ 17 59% Mar 17 Common Preferred Atlantic 1 40*4 Jan ' May 17 97% Jun ' 1 4 Jan 23 1U1 46% July 19 95% Jan 22 46. 34% 29 Jun 61% Jun 151 18 .Jun 7-8 20 Va 7% 43 4ci*4 7% 48 3,900 100 900 100 *' 3,000 136,300 1,500 ■ B 7 Nov 8 4 4% Jan 23 6%-Mar 14 42% Jan 7 75% Dec 30 66 Jan 18 8% Jan 11 13% Dec 29 11% Jan 6 30% Jan 8% Feb 10 26% Jan 31-/8 Juiy 26 8 '9 109 Nov 26 99 107 Jan 7 113% Dec 98 Jan 7 107 18% Jan 11 40% Dec 39% Jan 4 11% 35% Jan ltt 60% Nov 19 54% Jan 6 4 32 Dec 31 30 Jan 10 86 Dec 29 83 Jan 64 Dec 30 1 17% Sep 30 1 40% Oct 15 Va Jan 20% Jan 36% Dec 10 9% Jan '10% Dec 22 14% Jan 40% Jan 5 12 69 %Jun 56% May 12 5 May 18 Jan 51% July 22 4 4 & 8 45 4% Jun 31 85 Jan 6 30 40 Jan 3 44% Jan 35% Sep 14% Oct 10 28 Mar 21 25 13% May 12 25 Dec 27 22 Jan 6 31% Dec 31 30% Jan 17 100 Nov 17 96 y2 Mar 48 24 Jan 27 4%% 1 32 % Dec 29 30 59% Mar 43 Jan 7 22% Feb 22 14 l%Jan Mar 14 Apr id 3 35% July 22 48% Dec 3 31 101% Jan 8 154% July 13 168% Nov 29 161 % Feb 9 170 7 14% Dec 29 13ys Jan 30 80% Oct 27 74 Jan 18 9 50 y2 Dec 29 48% Jan 6 29% Dec 3 24 Va 7 July 18 [ 56 y2 July 1 Apr 19 16% Jun 28 82 July 21 4%% 4 Blaw-Knox 14 57 y2 Mar 17 3 62 Va Jan 18 35% Dec 13 39 Dec 14 34% Jan 6 93V4 Jan 12 99 Dec 17 96 49% Jan 7 6% May 3 20% May 11 25% Jan 11 6% Jan 6 23% Jan 11 56% Aug 13 14% Jan 3 24% May 27 23y8Jan 3 50 May 31 5% 38 % May Boston 17 Dec 10 14 44% Dec 21 38 Jan 53% Jun 19 38 Jan 19% Jan 11 4 95% July 20 26 Jan 6 12% Jan 4 60 67 25 56% Jan 34% Dec 29 28% Jan Mar 11 33% Aug 2 14% Dec 2g Jan 13 83 13% Jan 15 22 V4 Dec 22 Jan 11% Jan 12 July 28 36 Va Dec 30 21 13 May 10 Oct 100 8 Mar 14 6 ' 28 5 18% Mar 28 46% Mar 4 56% July 20 24% Jan 23 bo*2 July 22. 13 17% Dec 20 15% Jan 6 23 Dec July 21 28 85% Jan 20 95 30 Mar 12 July 22 25% Jan 11 37% Mar 24 10% Jan 11 51% Aug 16 57 Vs Aug 20 17% Dec 29 80 88 reo 73% Jun. 3 8 74% N0V.K8 No par 18 80 78% Dec Jun 22 14 76% Jan 3 92 25% Nov 12 Apr 26 22% Jan 8 34% Jun 22 4 N 8 161/4 Dec 29 4 25 79% Jan 14 4 29 Dec 9^% Oct 10% Apr 26% S°n 16 4 15 Mar 18 23 Jan 6 9iy2Jan 3 19% July 1 30% Jun 27 100 Mar 7 12 9 '/a Jan 6 Feb 8 16 24 Va Jan 18 86% Feb 3 y4 Jan 38 103% Jan 4 98 July 2 107 V2 Nov 1 16% Jan 5 29'% Dec 10 99 26% Jan 12 Bulova 20% 7,800 IVa 1% 19,100 35% x34'% 35-/8 34% 35'/2 4,400 35 35 50% 51 14,900 1,500 50'% 50% 152% 148% 151'% 148'/4 151% 150-/4 152 Va 151% 154% 33,600 167'% 167'% 167'% 167 167'% lo6% lb6% 16b % lb7 72 1,500 4,700 51 51 5U % 50% 15% 16 15 7 a 16 82 *80% 82 16 *80% 40 28 % 28% 23'% 28'% 28'% 28'% 28'% 28'% 29% 33% 34 34% 34% 34 Va 34'% *34 Va 34 J/4 3 4'/a 34 Va 700 56% 58 7% 54% 56% 56% 59'% 5.1 60-8 58 % 59 % 55,900 Brass 5 Corp 24% 24% 23% 24'2 24 24'.% 233% 2 4'/a 23% 24 Va 4,500 30'% 30'% 29'% 29'% No par - *14% 30 30'% 29'% 30 15 14'% 14% 14% 14% *14'% 17'% 17% 17% 17% 17% 11 11 10% 11 1 17% 17% 1.25 10 7% 11 15 i_5 common 100 64'% 44'% 64'% 65 65 64% 65 65 44% 45 Va 44'% 45 98 98'% 5y Va 59 Va 59'% 58% 59'% 58% 45 100 *98 *10'/e 100 *98 4x78 *98 *29 30 7,600 270 15 14% 14% 180 17% 17% 17% 6,100 11 10% 11 2,800 64'% 65 44 78 45% 93 98 59'% 5 J Va 59% 64% 16 I 1 59 3,000 18,500 240 2,600 25 58% 22% 23 22'% 22% 22'% 22% 22% 22% 22% 22% 5,100 __100 47% 47% 46'% 47 46%. 47 46% 47% 4o% 47% 3,700 35 35'% 35 35'% 35'% 35% 34 34% 35 3o RR— 5 50 Co No par 2 50 common Watch 16'% 16 16'% 16'% 16% 16% 171% 40'% 41% 40% 41 41V2 <a2 4A-/8 43 54'% 54% 55 55'% 55 56'% 55 56 *55 % 21 21 % 20% 21'% 20'% 21 20% 21 21 21% 9,200 80% 81'% 81 81% 81% 82 88% 82 34 84 88 72 1,900 31 31'% 31'% 31% 31'% 31% 31% 31% *96% 31% *95 97% 33% 33% 1 Inc 15 No par 5 ; 16'% *97 24% 35% 33'% 16'% 16% *97 100 26 25% 35'% 35'% 21'% 31% 97% 33'% 33'% Co 353/4 36 3u 78 3 vi 22% 22'% 95 28% 28% 3,600 341/2 35 34-/4 35 34% 35 5,200 69'% 70 70 71'% 71'% 73 70 Va 18% 18% 18% 18% 85 *85 87 87'% 88 *76 80 *76 80 100 87 87'% 5 31 31'% 1 — common *17 15 4% % preferred Butte Copper & Zinc Byers Co (A M) common participating 18% 85 100 preference 100 5 28»% *98 10 No par *26% 100 100% 10 *35 % preferred 30% 31% 18 *17 173% 29 28 28'% 100 10% 27'% *97'% 10 *26'% 100 79,600 55 69'% Co 23 22% *93 100 87'% 5,600 54 34% 87 37 29 33% 13 % 100 7,700 3i> 72 23 34'% ' 4,600 26% *26% 94 33% 70% 4,200 10,800 28'% 26 70 1,400 26% 28'% 1 72 7,700 94 21% 28'% 5 16 102 35% 28'% com 33% 15% 26% *100 11,600 97 Va *100 % 26% 21% 33'% 16 27'% 94 *95 56 101 15% 16 % 99 28'% Inc 33-/8 26 V2 l Co 97% 33% 16 217% *93 *95 99 16% *93'% 22'% 33'% 26'% 100 5 94 97% *95 No par second Terminal Bros 15% 41% No par I 5,600 16'% Va 100 l common Burroughs Corp 7% 50% 20 Va 1'% 28%, preferred 3%% preferred Butler 50% 20% 1% 5 4% 4Vi% 50% 20 1'% 2.50 Inc Co_— Burlington Industries Inc Bush 50'% 20'% 1'% 10 73 July 22 20% July 22 8 50 19% 800 Co 50% Jan 92% Mar 49'% 1% 7,000 Co 2 1,200 20'% *80% l Co Bullard 73 Va Jan 11% Jan (The) 21 11 40 101 24 '/a preferred 47% Feb 77 % Aug *93 24% Co 30 Va May 24 13 2o% *39 % lul 10 24-4 Co Forge Mar 15 *99 44 24-8 Bigelow Bucyrus-Erie $5 38 101 27*8 39% 2U'/2 39 *y9 *43% 24% Brunswick-Balke-Collender Budd 26% *38 44 243/8 preferred Brooklyn Union Gas Buffalo 16 167'% 25% *i3-/2 50'% Va 35% 35% 52'%, Va 38'% id 24'% 3%% 11 84% Feb 11% Feb 15% Jun 150% 25 101 a 24'% Bristol-Myers Co 29% Jan 5 101 34% Inc Mar 14 Oct 15% Jau 7% Jan 27 38'% *99 1 3.50 & 24 Va 25% 40 20 4%% preferred Briggs Manufacturing Briggs & Stratton Brown Shoe 85 *99 16 Brown 6 20,300 41 99 4 2b% 25 % *38% 5 31% Feb 24 1,500 2.50 17% May 17 Jan 4,300 14 % Bearing Co Airways Inc Bridgeport Brass Co common 6 40 28% 14 Va 49 Branlff s Mar 14 28% 14-/8 1 100 6 33 28% 11% 1 % Roller Jan Jan *2 Bower 14% Jan 23 26 14% *10 % 24% Maine 82 25% Feb 74 & 20% Jan July 20 28'% 1*% 20% preferred 6 July 14 28 % 14 Va 50% (The) 34% May 6 100% Apr 25 36% Feb 18 97 32y4Jan 28'% 14% 1'% Common 14 29% Mar 14 28 14% 74 24'% Borg-Warner Corp 3%% preferred Dec 32% July 27 28% 14% It 10 Borden 32% Dec 18 28% 20'% Co Edison 20 7,100 *43*2 70 Va 3 Boston 29% 28% 43% 50% Book-of-the-Month Club Inc 59% July 22 29% 19,100 29% No par 8 29% 92 16% Class B 53% Jan 29 Va 90 31% 80% Laughlin 3 *30*4 15% Airplane Co 30% 9U*2 bJ% 7 7 30% V2 v 80% 11% Jun 29 2J% 150 106 43% 1 peso com 3 July 29% 29 lOo % (Delaware) Co Stores 29% 106% 29% 10 29% 55% *143 105 % r *90 *2 4 22 48 % Apr 29% 92 *90 * 5o% loO * 10 Jan 100 30 90% 55% *140 % 50 19% Jun 66% May Mar 23 29% 100 Bon Ami Co class A 9l/4 Jan 29% 90% • 16% 3 11 106% 29 % X V, 69'% 39% Jan 12% Jan 74% Sep *105 Va % 82 Bohn Aluminum & July 29 55% 150 lull 16 Va 8 8 55% *140 150 *lu;>% 69'% 27% Jun Bond 557/8 *140 81 V8 20 Va Mar 15 20 1,700 55% 55% 150 16'% 8 7 55% 55% *140 10 68'% (E W) 27 4,600 82 & 15% Mar 14 7,500 16% 41 68'% Bliss 13% Jun 50% 16-8 *40 69% Boeing 27y2Jun 50 Va 16% 69 Va Bliss 31 51% 16% *40 4 70'% 3 31 50 J,. 70 5 29 41 49% lo % _l 14 Dec 41 Va Mfg Co Decker 88 % Mar 18 41 50 47% *40 41 *40 7% preferred 100 Bigelow-Sanford Carpet (Del) com_5 4%% pfd series of 1951__100 31 % 1 (Del) 34% July 17% Dec 10,100 52 Steel 28 V8 Mar 15 4 19% Best Foods 54% May 18 4 19% l 30 26 19-/4 ,4 16-8 Co 29 Jan la .a 41 : Best Dec 6% Jan 2o 1 48% Co 27'% Dec 13 ye Jan in 5 Finance 75 23 19% 16 Va Consol Mining Co 32% Dec 24% Apr 35% Dec 18*8 47 % Bendlx Aviation Black & 33% Jun 19% 100 5 28 19% 16 common 3 26-/8 Jan 4,500 1 Co 11 1 59% 100 48% Corp 14% Jan 17% Nov 59'% 1 38 31 53% 16% Co 22% Feb May 58 48% pfd Benguet 6 Mar 99 Va 57% *98 10 pref erred 73% July 1,500 *98 57% 100 Bethlehem 43% 98% 58 2.50 & 43 % *98 98% 57% Inc (A S) Beneficial 43 % 100 58 preferred—100 & Apr 43 % 4,100 100 Co common____12.50 Howell % b8 100 57% 50 Corp Aircraft 4 Va % 10 •j-t % A /-k • ' *97 % prior pref erred Mills 331a 34 111 No par Works Shoe i\ lo common conv Beaunlt 'j a A in 10 preferred Iron V 33% 34 100 preferred 5% Corp Bell 111% Dec 12 66% Bell 4 17% Jan 60 Va 18 4 6 b57/8 15 5 9% May 66 Feb 38 Jan 65% Apr 36% Feb 65 % 42% Apr 6 144% Jan 50 66 % Beech-Nut Packing Beldlng-Heminway 101 May 12 23 " 30% Jan 65 Va 2d 17-ta Jau 8 1% Dec 24 34% May 19% Mar 15 % May 18 66% preferred__100 Beech Aircraft Corp Beech Creek RR 22% Jan 29 4 66 July 11 21 18 51,600 Beck Dec 17% Jan 51-/4 Mar 18 Dec 90% Jan 49 98 26 20% Nov 26 48 'a 11 41 1 48 Beatrice Foods 22 *a Mar 14 90% Nov 22 14 48'% common Bayuk Cigars Inc 4 10% Apr 46% Bath 17 28% Dec 47% 6 4% % 9% Jan 46% Apr 29 72% Mar 29 3%% 32 48% 17% Apr 8 Dec 47% 42 29 25 10 100 Ohio & 6 Jun 3 102% 8 Jun <6 34 Va 112'% *101% 3 57 Jan 34 Va *111 % lUx:% 38 Va Mar 107% May 2 31% July 22 13% May 34% 112% *101% 33 '/2 Jan 147 34 112% 102% Brothers 6 10,100 34 1,200 111% Barker 13 56.3U0 111% July 20 24 3,500 15-8 *101% 20 Va Jan 97 % 15 Va % Oil 103% Jun 97% 15% 102'% Convertible 133 7% 98 14% *101% 33% Bangor & Aroostook common—50 2 7% 96% 1*% 1V % Baroer 9 » 101% 13 8 7% 97 l*/2 7% 11 "/4 101% July 14 98% July 20 55% Dec 7% 7% 94% 7% 95'% Va 1* i'i', 66% Jan 107 y4 Dec 14 100 noncumulative 143% Dec 95 No par Baitimore 4% 95% 11% r - ___100 hilec & 5 50y2Jan 94 14% 7% 7% 7% .. Co Gas preferred series C Jan 81 1 (The)_Nopar Co preferred series B 4%% 99% Jan 107 Wilcox Baltimore 105 6 Feb Babcock ' Inc— T) 35 14 29 ;(B Baldwin-Lima-Hamilton .Cerp__—.13 113% May Jun 16% Jan 11% July 24% May Mar 24 Babbitt 24% Mar 30 Mar 31 43% Jan 68 10 18% .87'% 19% 19 Va 20% 88 85% 85 % *76 80 *76 80 *76 85 85 85 89 90 31 Va 31'% 13'% 31% 31% 32% 6,200 89,100 200 80 85 200 *17 17% 27'% 27'% 97'% 98 *17 27% *103 940 12,600 17% 17-/4 17% 100 27% 26% 27V4 9,400 10% 3,100 — — 10% 10% 10% 10% 10% 27'% *26% 27'% 27 28 300 *103 10% *27% 28 400 *100 1003% 100% 100% 100% 80 35'% 35 35% 35'% 35'% 35 3o% 35'% 36 % 2,600 45% 45% 45% 45% 45% 45% 45% 45% 46% 4,400 4'% 62,300 101 *100 100% 100% 6 36% May 7 46% July 22 2% May 17 10% Jan 6 California Packing Corp 4% July 22 15% Mar 3 Callahan 1 3% 3% 3% 3% 3% 3% 3% _5 12% 12% 12% 12% 12% 12% 7% July 14 38% Mar 8 12 % 11% Apr 11 44% Apr 4 38% May 19 16% Apr 13 Campbell R<*4 Lake Mines Ltd____l Campbell Soup Co ! 1.80 7% 7% 7% 7% 7% 7'% 7% 7'% 7'% 7% 2,700 35'% 35 Va 39% 39% 39% 40% 39% 40% 39% 40 Va 11,000 37% 37'% 37% 38 37V4 21V2 36% 36% 2,600 16% 17,900 2 Byron Jackson Co : c 32 Jan 4 1% Jan 4 7% Jan 8 38"% Dec 30 20% Jan 4 36% Dec 31 3% Dec 12 Dec 31 23 42% Dec 13 28% Dec 8 15% Dec 33% Jan 26 Jan 6 5 Zinc-Lead Calumet & Hecla Inc 31 14% Jan 6 99 % May 13 60 Nov 30 91 % Jan 17 5 57% Jan 13 27% July •4% Feb 7 Campbell W & C Foundry 15 Canada Dry Ginger Ale com__1.65% $4.25 conv preferred ___No par Canada Southern Ry Co 100 4 25% Jan 10 33 30 Va Jun 9 Canadian Breweries 28% Mar 14 35% Jun 16 Canadian Pacific 59 21 Cannon 12% Aug 20 90% Jan 6 62% Jan 11 22 % Jan 21% Jan 44% Jan 4 61 Dec 9 29 July 23 53% May 27 100 July 15 Feb Mills Ltd Ry 45 36% 15% 37% 16'% 16 % 16'A 99 99 *97'% 99 61% *61 63% *60 _No par 29% 29% 29% 30 % 25 33% 341/4 33% 34 No par 56% 56 % 56 % 56% »„ 16 *97% 61 3-8 13 16% 16 1/4 16-a 99 971% 98 3% 13 16% *98% 13% 99 9,000 300 10 61 *oi 63 *bl 62 % *29% 30 Va *29% 30 *23 % 30 600 33% 34'% 34 Va 34% 34% 35% 458 *55% 56% 56'% 56 % *55% 56% 300 Number 5449. Volume 182 The Commercial and Financial Chronicle s .. (325) NEW YORK STOCK NEW Year 1954 Lowest 4' Jan 13 17% Jan 5 Jan 5 20% Oct 40 % Jan 46 3A Jan 107 Lowest Highest 8% Jan 28 27% Dec 29' 40 % Apr 12 303/4 Nov 17 126 EXCHANGE STOCKS Range for Previous Capital 7 37Va Jun 6 37 Jan 12 26 36% Apr 6 July 19 Dec 31 22 25 % Dec 30 23 5 63 % Dec 31 55 Va Jan 4 62 % Apr 13 112 Jan 118 ll Mar 15 70 7 July Power Carpenter 6 Carrier & Steel Corp 32% 33 Va 333/8 34 % 343/8 6,100 34'A 33% 35 34% 353/8 34 Va 9,700 10 27% 28 % 26 27'A 26% 27% 27% 29 29 7,000 Ohio Ry_100 *117% 118'A 117% 117% *117% 118% 117% 117% *117 % 20 No par 24'A 24% 24% 24% 24% 24% 24% 24% 243/8 6,300 5 & *6 7% 68 67'A 67 67% 67% 68 69 69% 900 55 52% 54% Co July 7 3 Case 29 15 va Mar 14 19% Jan 26 120% Jan Sep" 10 102% Feb Jan 4 129'/a Feb 101 % jun 4 105% 16V4 Apr 28 107 % Jan 4 45 26% Dec 121 127 3 8 Juiy 53% 52 51% 52 51% 52 53% 54 *53% 55 *53% 55 1 *21% 22 *21% 22 21% 21% 21% 21% 22 17-/8 18'A 17 Va 18 17% 17% 173/s 17% 17% 12o% 125'A 125 % 126 125% 126% 115% Mar 16 V'4 130 I) Co preierred 1% 82% May id 2nd 4 Va 4 81% Dec 30 77% Jan % 30% Dec 31 27 27 34% Jun 22 Celotex 11 19% Dec 21 18% Jan 2ft 19% Apr 21 5 '/o 81 80% 81% 81 81 Va 31% 32% 31 31% 31% 31% 20 19% 19'/8 19% 19% 19% 19% preferred Oct 28! 4 8'/a Dec 20 7% Jan 6 40% Dec 28 37% Jan 18 54 Vs Mar 24 82 Dec 22 79% Jan 3 12% Jan 4 15% Dec 27 lf/a Jan 31 18 Apr 26 Central Hudson Gas & 38% Jan 8 47% Dec 21 45% Jan 5 54 Jun 21 Central Light com___No par 105% Dec 19 112% Sep 112 19% Jan 8 Jan 20 Apr 20 Central Aguirre 10% Apr 26 Central Foundry 69Va May 25 Central of 22 3 Sugar Co *21V4 5 23% 21% 21% 23% 130 23% 130 27,100 40 *130 132 81 82 81% 1,800 31% 317/s 31% 4,100 19% 19% *19% 1,100 ' 21% .* • ; ' 21% 21% 9% 9% 10 % 10 IOVb 60 58% 59'A 59 59 5*8% 58% 100 90% 90 % 90% 90% *90 92 No par 16% 16% 16% 16% 51 51% 51 51 * t 21% 1,000 9% IOVb 27,300 58 Va 21% 9% 9% 200 23% 233/8 *130 59% 9% 270 12,400 53% 1 Ry.. 50 500 44,100 *103 No par Co Georgia 4,180 22 125 % 54 105 23 Va 130 21% 21% 126 *103 88% 23% *129 11,600 54% 51% *53% 55 53% 105 No par common. 23% 129 51% 126% 53 *103 23% 4% Jan 21 Va Mar 12 52% 105 12b% 23 % Mar 25 18 53% *103 100 Corp .15% Jan 103 preferred series A_100 conv 4 52% 54 103 54 51% *53aA No par com preferred Jan 53 % __10 100 Ceianese Corp of Amer July 20 16 6 ; 4.20% 66% May Jan common 54 53% '' ' Preferred 3 J an series series Cacerpiiiar Tractor common.. 6 5 20% Mar 15 26 (J l'/c May 31 57 105% May May 16 29 Nov 52% 51% Carriers & General Corp 19% Dec 113 54% 100 Preferred 3 137/a May 10 50 12.50 4Va% 8 23 Va v , 50 common... 2 Mar 17% May 16 Shares 34 33% 53 Va Mar 22 July 22 33 % 56 20% Nov the Week Friday July 21 34 1 7 Jan Thursday 34% 1 $3 Sales for PRICES 33% 4y% Mar 13 SALE 34 Ve Light preferred HIGH Wednesday July 20 5 51 Mar Tuesday July 19 July J8 1 Co Cnnchfield Carolina 3 64% Feb 18 52% July 19 Monday Mfg Co Carolina RECORD LOW AND Par Inc (The) (Philip) Carey July 11 26 % Jan Airlines Carborundum 30 Vb Mar 14 STOCK . STOCK YORK EXCHANGE Highest 223A Jan ' - 58% 1,600 • 90*/a July 8 preferred series B__ 5% 4 Mar 11 Illinois Va % Elec 30 lOd Jun 7 Dec 8 24 Jan 7 28% July 22 Central Illinois Public Service 10 28 15 % Mar 15 25% Dec 28 21 Mar 14 36% May 26 Central 50 32% 32% 15% Jan 4 25 % Dec 28 21 Mar 15 36% Jun 1 Class B 50 32% 32 % 23'/a Jan 6 31% Dec 29 29% Jan 36% reb 11 Central & 5 34% 35 10% Feb 26 26 14% Nov 10% Nov 12% Jan 4 28% Dec 33 % Jan 4 48 Dec 8% Jan 30 20 19 6 29 41'/a Dec 13 Va Jan 26 6% May 27 20% Jan 4 18 Apr preferred RR Central 4 Co 100 N of South J class West A Corp Violeta Sugar Co 17% July 21 Century Ribbon Mills Cerro 31 23 '/a Mar 14 29% Jun 15 Certain-Teed Products Corp 14 43% Jan 5a*/B Jun 22 Chain Belt Co 7 Pasco 11 60 5 108 22 May 12 62 5 July 6 Mar 9 109 Feb 3 38% Aug 11 68 Feb 16 Chance 25 Checker 105 4% Feb 2 8% Dec 30 25% Jan 5 53% Dec 31 ,33 Vb Jan 4 46% Dec 31 42% Jan 13 94% Dec 9 93% Jan 9 % Feb 6 84%, Jan . 17 -14m Mar 14 43 • Jan 4 24% Dec 30 21% Jan 3 30'/a Dec 30 28 Jan 5 27% May 14 99 13 Jun Jan 18 Va Jan 4 38% Dec 17 33% Jan 18 44% Mar 27 Vb Jan 4 38% Dec 16 36% Jan 19 % 19% Dec 31 " 16% Jan 21 23 27% 27% 27% 273/4 *51% 52% *51% 62 Va Jan 118% Dec 10 Dec 29 94 21% Nov 18 Dec 88 16% Dec 35 56% Feb 1 18 4 12 Jan 28% Jan 11 9% Jan 5 25 lUo% 11 142% Mar 3 101% May 9 convertible $3 98% July 22 " 4 15 Jan 4 74 Jan 27 33'A Jan 4 170 May 12 87% Sep 7 Jan 5 70 Vb Jun 2 15 49 Nov 17% 90 '/a 18 29 Va 17 r 16 104% May 59 % Jan 7o 18 1043/4 Sep 22 37% Dec F eD ' 93 1 3 105% Jun 17 101-3/4 Aor 30 3/4 Jun* 11 193/8 Jan 26 27 Mar 15 27 Dec 110% / f t Dec~28 75% Sep 27 Mar 53 < < Jan Jan 6 107 % Oct 18 869 10 38% Jan- 7 86% Jan 4 12 Va Jan 20 15% Mar 24 1< Mar 22 Co common : ; 22 t 142 Oct 6 * 104! Dec 22 14 17 100% Jun Jan Jan 976: Apr 13 63% Nov 22 : 4 J 25% Feb 80-/4 may 45 Va Jan . ; 31 31 Apr 30 Apr 58% Nov 30 31 12 23 34% Dec 68% Jan 4 11 26% Jan Apr 90 t / ; 31 Jan 59 56 - Jan 6 Jan 17 95 Va Mar - July 14 15% Mar 14 29 May 21 28 % Mar 15 8 54% Jan 53% Nov 24 30 19% Jan 6 25 5% Elec : 3 12% Jan 4 17 12% Feb 11 5 100 1 No par — 6 15 3A Jan 7 20 18 6 21% 143/4 105 31% 22% 104 76% 215 .v. 46 v. 283/s 100% « 65% 63% 31% 21% *102 105 75% *193 Va 110% *110% *74% 76% *75% *44 45 Cluett Peabody &€o com 49 29 29% 101 101 % - V 46% 48% 12,500 54% 22,800 31% 31% 31 3/8 32 53a/8' 513/8 15'A 22 21% VB *99% 37% 109% 74% 76 215 *193% 215 215 1033/8 37% 111 *193% *99 Va 1037/a 37 Va 375/8 109% 109% 44 76% *75% 76% 44 *75% *43 % 44 333/4 Dec 363A Dec 17% Nov 25 8 33 Mar 11 213A Feb 11 Va Dec 30 10 9 % Dec 53/8 Jan 7 Apr 38% Jan 26 28 Jan 49% Aug 5 Jan 4 203/4 21% 21% 21% 22'/a 22% 22% 22% 14,500 68 3A 68% 683A 69 Va 717/b 713/4 72% 21,800 393/s 39 Va 39'A 39 Vb 393/s 39% 393/s 5,800 39% 3% 3 % 13fi3/4 1413a "1,000 1,160 56 3a 57 vb 39 33/8 3% 33/8 3% 3 Va 5,200 44% *3% 44'/a 44% 433/4 44 Va 6,000 3% 33/8 413/s 42% 43 141 Va *140 141 1043/4 107 110 *140 104 3/4 ♦1,000 1,160 56% 141 *1,000 57% 1,160 ♦1.000 "55 93 Va *91 55% *141% 143 114 *109 113 300 142 6,500 141% 141 139% 140'/a 139% 55'A 93% *91% 93% 203% 20% 21% 28 Va 29 Vb 28 Va 29 47% 473/8 48 48% 93% *92 ' 7 7% May 10 46 Vb Jun 1 473/8 47% 53% 55 553/4 390 53% 53 Va 55 56 53% 55 53 65% 66 3A 67% 310 64'/a 65% 68 66 66 Va 68 66 65 64 3/4 65% 150 2nd pfd—100 €33a 633/4 *63 *63% 65 System— 65 *63 Ve 27 27% 28 3/4 28 Vs 28 3/8 8,400 27% 28 % 28 Va 27% 28 3/8 27% 163/s 16% 36,600 32% 3,600 Pictures "when __5 common 16% 16% 16'a 16% 16% 16% 163/8 31 % 31% 31% 31% 31% 31% 31% 31% 31 *25 253/4 253/4 *25'A 253/4 26 25% *243/4 *253/8 ♦25 No par issued" 82'a 82 Va 81% 20 *81% 81% 82% *81% *81 Va 51% 7,800 503/4 50'A 51'a 503/8 50 50 Va 50% 32 32% 32% 33% 8,700 67 67 Va 67% 67 % 543/4 55 54 Va 55 20'/a 22 VB 21% 213/4 43% 44 43% 44 81% 81%. 513/a Co 5 31% 32 313a 32'a 32 32 Va —1 68% 69% 65% 66'/a 66% 67'/a 10 Credit Co 53% 54'a 53% 54% 54 vb 54 Va 20% 44 1 20% 203/8 20% 20% 20% 25 423/4 433/8 42% 43% 43% No par 10 No par 8% 8% 8VB 8 */8 *8% 18% 1878 18% Solvents Corp 23% 243a 233/4 34 % 34% 5 17% 17% 49% 4934 110% 110% 1 35% Corp 493/4 8% 8% 1,000 18% 18% 7,500 24% 6,200 . 24% 24 Va 243/b 24% 34 34 Va 34 34 34'a 17% 17% 17 17% 6,800 17'a 503/s 10,700 ' *110 8% 18 3/8 17 17% No par 19 51 50% 110 50% 109% 50'a 50% 50% 110% 110 Vb 110 % 35% 34% 16% 16% 22 22 34 % 34% 36% 34% 35'a 34% 11/64 July 21 l053/4 Jan 5 113 Nov 24 106 Vb Jun 7 109% Feb 1 42% Jan 7 101 % May 25 20% Jan 4 90% Jan 4 54% Jan 4 96 Jan For 21 Jan 11 106% July 12 683/4 Nov 23 105 61 Jan 6 32 112 80 22 30% Dec 30 27VsJan 105% Dec 31 100% Jan 13 109 793A Nov 24 72% Jan 25 85 106% Dec see 27 page 101% Mar 100 26. 7 6 July 15 July 21 Mar 109 % Jun Sep footnotes 108 July 105% Jan 4 1 7 10 393/8 July 22 Juiy Jun 104'A Jun 5 17 1 RR of Cuba Retail Consolidated Textile 6% Rights $4.50 "when 16 16 % 16% 22% 22'/« 22% 22 22'a 33% 34'a 333/8 34 % 333/8 30 30 103/a 10 78 100 Inc Co Inc Consumers Power Co com 4 153/a *22% .10 pfd Stores 16 Vb 5 1.33% Corp. Laundries Corp 1 10c No par issued". -No par preferred No par Container Corp of America— preferred $4.52 Common ... 10 preferred 100 Continental Baking Co com__No par $5.50 preferred No par Continental Can Inc common 20 47e $3.75 preferred No par 16 8% x49 110% *1073/4 *28 Va 10% 8% 110 35% 109 % 79% 100 8'a *28 Va 10% Ql/. O 74 10 3/4 '/'jj 5,900 17 22 34 500 34 Va *28% 21 8 1634 *21'A 12,400 100 31 103/a 7,300 11 3,000 83/a 8% 2,500 49'a 80 49 Vb 49% x49% 497/8 3?2 % 268,900 11/64 48%, 110 Va 310 110% 110% 110% 110% 110% 109% 20 108% 108% *108% 108% 109% 109% 74 Va 73% 74 Va 1,900 74% 73% 74% 107 10% 36% 110% *102vi 78'a 31 1,800 110 *1073/4 75 37% 34'a 353/8 900 13/64 110% 104 *99 8'a 49 % 111 *28 Va 10% 8% 48 3/8 7474 1c6% . 10 34 8 Va *102% 37 31 49 % 9,600 8'A 18% 24 34'a 173/a 8% 3,800 6,000 21,000 34% 24% 34% of N Y com—No par Ind 183/4 187a ♦ preferred Electronics ' 16% 50% Carbon Consolidated 7 12,500 27% 273/8 28% 27% 27% 28% 28 vb 28 Consolidated Natural Gas 21 1,100 47% 50 27% Consolidated Jan 87,700 48 5/8 27% Consolidated Foods 50% Mar 7,000 28% 2.50 17 12V* Feb 213/a 28% 2.50 11 11 21 Vb *48 3/8 100 Ry com ...No par Consol 4,800 . 18% Feb 3 — 55 % 93 Va ...J Class A Class B 273/4 Feb Mar 16 1,160 54% *92 47% preferred series B Consol 33 141% *1,000 1.160 55 20% *92 1,000 141 141 *109% 28% 24 36% Jan 160 700 44 68 ' Jan 3,700 76% *75% 213/4 20% $5 37 % 109 Va 6934 20% Commercial 1 37% 69 $4.25 cumulative preferred.No par 14 300 1,300 . 1033/8 *99% 109 433/8 27 Vb Columbian 16 6,200 75 28 % Columbia 22 Vb 105% *104 102 20 % Columbia Gas System Inc 31 213/4 3,800 75% 75 *193% 3,800 32% *73 28% Broadcasting 15'A 105 102 20% " 15 Vb 32 No par 5%% 53 S/8 *103 s/8 103% *102 270 2,600 47'A 105 76% 6,800 47'A 15Vb 111 293/a 101 Va 101 66 *103% 75% 101,800 65% 105 \ 22 287/e 10 10 89% 66 65 Va *103% 213/4 87% 21% 39% Internat'l Corp...No par Co com 10 $3.50 preferred L .No par 19 *48 Va 15% 44 44 *18% 87% 513/8 31% 215 8,600 463/a 213/4 103 5% 18% 86'A * 300 5% 15 143/a *103% 65% 9 16% 46 * 52 143/8 29% 11,600 13% 16% 49 18% 101 93% 92 5% *48 Va 88% 140 *13 Vb 51% 46%' 51% ■-•1 110% 1 ... Consol Edison Dec 31% 102 463/8 53 V* 1 ... Commercial 44 % Jan 86% v 18 49 18 ~ *48 37% Columbus & Southern Ohio Elec Combustion Engineering Inc 51% Feb 5% 1033/e 79 % Mar 24 111 % July 5% 29% 37% 573/4 Jun 5 17 101 *99 % No par Corporation Climax Molybdenum f 23 6 22 Vb Oct 46% 65% 373/4 Colorado & Southern 21 22 10 5 ■ 4U 52 *100 Va 66% 100'a noncumulative 12% Jan 23% Jan / 28% 29% 101 , 37% Congoleum-Nairn Inc 27 66." *99% Consolidated Cigar Corp Consolidated Coppermines Jan 29 V8 15 new 4% 45 Vb Jan 13% *16% 5% 89% 100 com 34% July 5 18% Jun 16 108 87'A 90% 101 "75% * 39 % Jan 92% *13% 16 Va 5% preferred—100 25'% May 26 7 89 VB *103% 67% May 27 17 Vb Feb 90 % 13% 48'A noncumulative 1st pfd—100 Apr 5% 5% , 17% 4% Apr 91% 13% 13 %: 17 48% 1 31 89% *16% 913,V 17% ,143/4 Clevite s 13 32 *16% *193% preferred Corp 17 49 May 27 75 140 18 .No par Collins & Aikman Corp Mar 29 63 *120 17% 100 11 27Va Feb 140 *120 140 *120 140 ' 5 243/s Jan 6 *120 *48 >/4 10 Conde Nast Publishing Co Cone Mills Corp 23 par *120 25 Commonwealth Edison Co.— 13% Dec 4,800 4,700 20 Ilium 7,000 5 1 noncumulative 900 7,700 46% No par 9 30% Dec 26% Dec 68% 19'A ^ 11 23% Jan 26 30 <— 20 4 4 68'A 40 , 8% Jan 12 Jan 68% Electric— 263A Feb 7% Jan 5 67% 46'/a 25 & 47'/b Jan 3 20% Jan 473/a Aug 67% 18% 18% 25 6 8VaJun 18 % May 12 21 Vb Mar 14 110 % Dec 66% 7,000 26,400 18% : 38 Vb Mar 14 8 27 46% Feb 13 4 26 Colorado Fuel & Iron com—No par 3 20 33% July 22 31% July 15 61% Dec 26 25 Va 39% Colgate-Palmolive 4 40% Jan 25% 18% 7% 17 107%, Apr 25% 39% -14% July 20 48% Jun 6 14 5 25% 46% Coca-Cola 29 V» 27 45 11 17% May 24% 18% 4 85'A Feb 233/4 Jan 17% 45% 18 52 Va Jun 29 21% 17% 39 Apr May" 27 19% Oct 43% 21% 17% 18% July 11 45 Vb Mar 22 8% Dec 42% 21% *17'A 38% 42% 77 483A Dec 43 21 VB 17% 45% 105 17 223/b Dec 43 21% 17% . 43 21 38% 141% 22 4 3,100 43 44% 42 Feb Jan 1,000 Va *1043/4 21% Jun Mar 14 12 6 39% 38 62% Jan 6 Jan 15 y4 May 11 4 36% Jan *38% <: • 18% 18% *140 990 ; 34% Jan 44 39% 44% Equipment >Co Clopay 14 53% Dec 89 39% 38 — preferred'1 Common 41% Jan 39 39 44 No par Columbia 19% Jan 14,700 38% :_No par 9 18 990 26% July 14 16% Dec 200 22'A . 44% Clinton Foods Inc; 7 145 493/4 Jan 1 ' 10 6 26 4 34'A 21% 23% 33% 38% 18% preferred :———__100 cumulative-2nd preferred.lOO Coca-Cola Co (The).. No par 473/4 Feb 6 45 ' Feb 14 Dec 23% 22% 23% *33 44% Cleveland & Pitts RR 7% gtd 50 > Special guaranteed 4% stock—50 2 112* Jan 61 21% 2,700 23 Va 33% 22% 23% 34 100 com__No par C & St Louis'Ry Co com $4.50 148% Mar 14 17 % Jan 29 4 14 9 21 < 1 4 4 t Jan 43 21% 67 Co Gas Cleveland 45 Va May 12 " 393/4 Mar 14 i 52% Dec 753/4 Apr 100'/a Mar 50% May 16 C C 4 133Va Jan' 20% July 28 46'A Dec Jan 111 4 347A May 4 27/e Jan 17 Clark 373/8 July 14 t 9 24 % Dec 31 5%% 24 Feb Jan 111% Jan t 1253/4 Mar 17 95% Sep 39 42% 21% 25% preferred convertible Copper Cities Service Co 21 92 42% Feb 31 Dec *38'A 43 21 66% City Stores Co common.. 4%% convertible preferred 191 73 , 3% Aug 30 43 39'A 42% 68'/a C I T Financial Corp.—l July 15 108'A Mar 30 4 50^ 12% Jan 38% 67% City Products Corp__... Jun 56 12 21% 100 City Investing Co common 23 .76 i 42% Dec 23% *32% 21% 24% 15 Jun 118 593/4 Nov 22 4 23 Va 33% 21% 25% 22 113 6 7 24 33 '/il 22% 23% *32% 23% 22 Vb 25% 40'/a Feb ; 27 94 Jan 40% Sep 97'A : 17Va. 24 Vb Jun 2 3 20 3A Mar 14 32 Va Mar 25 41 *96 Vb 100 Cincinnati Milling Machine Co—10 15 17 % Jan , Mar 24 ; Dec 97 17% 4%. preferred 18 503/8 Feb Mar 14 - 29 Jan 97 17 % Common 9 55% Jun 43 3 Dec 57% Dec 210 c 3 21% Dec 101 44 89 98 17% Chrysler Corp July 15 14 23 ■!. 24% Dec 132% Jan *96 VB .1 Childs July 18 luu'AFeb 9 Feb 97% 5% 5% July 2 Va May 22,700 *96 VB *16% Chile 23% Jan « Dec~14 18 24 52% 97'A 10 4 66% Jan 84% Aug 12 40% Aug P3 .. 1,300 51% *96'/a Oil 22 33% May 31 . 50% 52 13% 22 Apr 45 '/a Mar 14 27 % Jan 50 90% 19% Jun 7 50% 8% 8'A 51% 13% 58 Feb Jan 7,800 49 Va 50 preference__No Cotton 8% 8% 92% Chickasha 1 8% 52 13% 22% Feb 6% Jun 21,900 49% 91% 3 17 300 % 33 33 8% " No par 15% May 4,300 58 107 % 107 % 51% 8% Cab— Chicago Yellow 3 9 Oct 33% 49% 8% Chicago Rock Isl & Pac RR._No par 13 Va July 13 13% Mar 14 21 Aug 107% 32% 51% 23% Chicago Pneumatic Tool comi Cincinnati 97 % Jan 107% 33% 50 21% preferred series A 29 * May 25 72 % Dec 5% 1 9,100 50% *32% series A noncum pld 14 31 5 53 % Mar 28 Vb 52 % 49 8% .No par Pac & North Western Chic 22 22 ' 273/8 *511/8 51% < 1 ; Milw St Paul & 9% Feb 31 5 Feb 4 . Mar 15 108'/a Jan 10% Aug 30 5 20% Jun 42'/a Jun 6 11,300 49 V2 8% par „_ 30 13 100 11,100 51% *49 __40 (The) 17% Dec 21 1,200 10,000 17% 57% 58% 108 Va 30% 30% 4 14 % Jan 34 % 35 % 13% 49'A ► 58 58 58% *107% 58% 107'/a' ' Cab 16 4 37 29% 45% Feb l%Jan 107 58% 107% 31% 29 4 7% Jan 47 58% 107% 29% 52% Dec 6 11% Jan 20% Feb 58% 107% il Inc Chic 11 7% July 21 Aircraft 22 39% Jan 34% 600 n No par 29% Jun 30% Jan 6,100 17'A 523/8 *51 Vo 20 28% 483/a 28 Va 52% 6 . *13% 27% 15% Jan 9 133/4 *51 Va 21 22 *13% 13% 52 17% Dec 34% Feb 13% 14 28 20 49% Dec *13% 27% 19 Vb Apr 11 14 17% 6 29 343/8 49 Vb 1 1 preferred 5% 343/4 35 VB 17 Jan 69% July 13 34'/a 343/8 - 483A 12 30% Aug 31 63 Jan 5 33% 35% 16% 31 10% Jan 33 34% 49 13% Dec 26 32% 35 Vb 15% 2 35'/a Mar 32% 34% 28 VB 34% ' 48 Chicago Great Western Ry com__50 5% 33% 32% 34 15 % 8 Jun Oct 2 *32% 112 *110% 28% 33% : 1113/4 28% 28% 33 48% Class A 18 28% 33 15% Chicago Ind & Louisville Ry cl A_25 Class B —_—L—No par Apr 1,000 47% 4 5% Jan 10 Vought Chicago Corp 43% July 22 12 % Mar 51% 15% Chicago & East 111 RR com..No 3 51% 111% 28% —No par —_ $4.50 preferred * 36 % Mar 25 26 21 % Mar 14 52 49 Chesapeake & Ohio Ry common__25 3 %% convertible preferred 100 j 27% Mar 25 18 18 % Jan- 23 3,500 15% M'anuiacturing—.1.25 Chesapeake Corp (of Virginia 25 3 54% Jun 18 23% Feb 52% Jan i ' 700 17% 48% 10 Common Apr 50 Mar 17 »' 112 91% 173/a 1 29% July 19 6% May 17 22 Nov *110% ' 112 28 *90% ' 51% 52 ' 173/a %o 5 Champion Paper & Fibre Co— Jan 98% Jan *51% 91% 16 % " No par Corp 1 33 *110% 28% *13% 9.50 50 Vb Apr de 112 *. 16% '■ 37 Va Mar 14 i2 "110% ' 16% 37 *107% 78% *99 74 74% 104 *102% 104 38% 38% 107 Va 108 107 Va *107% 79 80 100 104 37% 38% / 100 79 Va 100 104 39 107% 78 78% ♦100 100% ♦104 106 393/s 39% *107% 107 3/8 78 *100% 79'/a 100 Va 10 5,600 140 7,800 100 18 The Commercial and Financial Chronicle <326) Monday, July 25,? 1955 .v. NEW YORK STOCK:EXCHANGE STOCK RECORD Range for Previous 7 10 6 19% Apr 6 36% May 16- Dec Dec 102 15 29 4 13% Dec Jan 4 75ft Nov 4 27 ft Dec 4 31 52 19 Dec 31 70 8 Jan 24 20 ft Jan • Nov 19 24% Dec31 1 48 ft May 25 44% Mar v* Jan . 4 36 Dec - 7 95% Jan Apr" 13 99 ft 102 9Gft Jan " 53 57 ft , 35% Jan 3 73% Jun 14. IB 100 Jam >18 102 1 26 ft Nov 23 ;3% Mar 16 5ft Dec 9 19% Sep 185 -4' lft Jan -.28ft Jan 2ft Dec - / ■ 3 29 * 26 ft Mar 22 30 ft Dec-14 45 ft-Feb 74 23 Jan - • 7 •. Corn * 18 •;r v 11 Jun 29ft Jan 35% Oct 4 4 15 34 ' Jam 7 64% Nov 4 34% Jan 101 ft Jan 23 55 - Jam H Nov 26 104 •106 * 4 w 11 36 ft Dec 31 '• 32 ft Jab 109 ft Dec 31 100ft Jam May 3 48% July 20 146 July 2o •• 10 20% Jan 26 15ft Feb a • -13% Jam % Jan 1 15ft Dec 4 20% Mar # ' 4% Oct 29 .8% Jan 31 59 3 73% Apr 26 5 •8% Mar 14 ,11ft Jun Dec 29 31ft Mar 2* Feb 2 9% Jan 11 35 27ft May 14 6% Apr 19 6% Jun 35 ►,* 13 101 ft May 25 6 Jan 4 108 54 ft Jan 5 62 7% Jan 4 18% Dec 27 33% Dec 28 31 136 ft July 20 135 -118.; 15% Jam 93 25 Jan 134 Jan 39 Jan 11 7' Dec 9% May Feb 52 ft Aug 17 Jam « 30ft Jan 11 48 ft Nov 24 43% Jam 87 ft Jan 26 94 16 92 4% May 18 7 13ftJun 4 Jan t# ' ; 17 * . 23 *r Nov 26 93 11 13 95% Feb 23 27 Aug 23 97 ; Jun Mar S 14 4ftft - - Prior 5 a common Cutler-Hammer J 100 .No par Corp common preferred series A__ Davega: Stores Corp common 5% ; convertible 2.50 26 17ft Jan 17 .22% Feb 23 • 18ft July IP 38'/a Jun 23 Decca Records Inc 31% May 16 B_ Dayton Rubber Co 14% Jan 12 35 ft Oct 1 3 57 Dec 30 51 ft Jan 18 4 20% Dec 28 18 ft Jan 8 33 ft Aug 5 27 7 Apr 30 Jan 8 17 38 ft July 15 28% Jan 62 ft 8 18 11 35 Aug 3 8 68 Nov 30 66 15 ft Dec 31 12 ft July July 19 IB Jan 7 25'A Mar 43% May 13 37% Jun 21 90 Jun 24 18 33 ft Dec 23 1 32 y2 Jan 3 8 39 ft Dec 3 37 Jan 18 42 ft Feb 28 38 ft Oct 1 35 ft Apr » 4 12 116 Dec 111 13 Apr 13 45% July 117ft July 5 10% May 10 10ft Jun 24 37 ft Jan 13% Jan 10 16 12 ft Jan 1 Nov 11 11% Jan 12 30% Apr 1 9% Mar 18 16% July 23 Jan Jan 61ft Dec 7 52 ft Jan 75 4 68 Aug 11 2 Feb 10 64% Apr 26 July 21 15'A Dec 14ft Jan Apr 38 ft 12 15% Jan 18ft Sep 15 7 ft July 13 62 ft May 17 43 ft Mar 14 Dec~23 33% Feb 2 18% Jan 4 41% Dec 29 36% Jan 75ft Jan 15 104 ft Dec 30 98 20% Dec 23 23% Dec 31 20 ft Mar 18 47 ft 11% Oct 27 7 11% Jan Jan 13 ft Sep Jan 11% Jun 7 12% Aug 19 4 4.40% 17 8 29 9% July 19 3 18% Mar 31 91 y4 Feb 7 58% Jun 17 .47% Apr 13 118 Apr 24% Jan 14 ' : Apr 12% Mar 15 4 104 % Jan 11 6 157 Jan 18 249% July 12 122% Oct 1 118 Jan 17 124 94 ft Jan 6 101 ft Nov 24 97 ft Jun 9 101 28 ft Jan 13 45 Jan 50 ft Jan Dec 35'A Sep 6 49 7 33% Jan Mar 12 12 47% July 51 ft 170 54 ft Oct 25 1 53% Nov 46% Jan 4 July 7 Sep 10 54 ft Dec Feb 12 2 48% Jan:12 51ft July 22 9 53 ft Oct 51 3 5 9% Jan 7 15 Dec 22 y' *73"yy" , 34' 138 45 ft -45ft *93'A-: 7 %- 7 7% - " 29 28% 44ft" 94% 94 ft *94 ft 96 *95 96 •: 6C 22, 000. : '180- - : «■ - ""7,500' -2%-- . 36 - ' 30%- >36 • -1,100' 10,700 - - v - . »- - t 15 Yn v - 37>0C .143—.143 »A 45% 200 v52C , -47'A 4 47 y®; - ■ , 18,300- 104 —->04 •t, . *16 1,100 * ... .; -16% 15'/® 12 29% Dec 3 *96 ft 98 *96 ft 93 20% 21% 20% 20% 17 ft 17% 16% 17%' 37% 36% 34% 35 67 ft 21 15'A' 2,00C • 13.50 35'A 35 % 35% 38 ft 37% 13% 22% 2 *39% 10 preferred com 42% 100 • I k 28% 44% 95 ft i 96'A 20 ft 37% 38% 37 Ve 68Va 23'A 35% 35 Va 35% -• 39% f 38'A 38 V® 387/a 37 V® *80 14% 13% 23 *22% 42 *39 41 42 42 42% 117 ft ►116 14 14% 23 23 *116 14 V® 14 23 23 Ya 39 *38% 42% *116 117ft 34% 35%: 35 ft 117ft 35 ft 58% 59 ! 73 ft *71 38% 37 12% 13% 13% 13% 13 Ye 15% 15 ft 15% 15% 15ft 15% _No par 66% 68% 65% 67% 65 ft 67% .5 54% 55 53% 54%,. 54 ft 54% 43% 1 43 % 110 21 *12 42% 40% 25,600 37% 5,900 83 - -74 21% 42'/2 13 12% 10 9% ; 23'A 5CC -40 10c 43 2,600 116 60 21 ft *12 22 , 16 % 16% 5,500 1,100 ; . 16 ft 3,400. 13 V® 13 13 V® 3,500 40 V® 40 40 % 13.600 10% 10% 10% 59 Va 73 ft *58 " 73 Va 13% *72 38 ft 13'A " 15% 42% 43ft *104 Va 22 Ya : • 12 12% 9 ft 9% 225 ft 227 % 228 120 Vg 120 2,700 . 59 ft 74 1,300 V - 200 38 ft 5,100 •" '.13% 7,700 15%, 8,700 67% 69 Ya 31,200 54% < 55 Va 24,000 42 Va ,43% •104% ; 109% 21% 22 l/a . i ' . 12 9ft 13 Vs 15% 109% 21% '•' 55% * 38 69% 54% • 15% 67'A 43 Ya 12%' S% 19,800 • 39% y 109% 21ft • 38 V- *104 ft f- 110 21% 9% 116 14% *12 , 9,600 5,900 13 400 r 97/® 5,900 229 230Va 22,700 120 120 V® 9% 9% (E I) & Co— 5 232 ft 235% 226 231ft No par 119 ft 119 ft 119ft 120 No par 98 ft 98% *98% 10 36% 37 36% *47 ft 48 *47 ft Common $4.50 Preferred ; 43 ft *105 41% . 117ft 59'A 13 ft No par Nem 3,400 35%- 10%- 38 *106 *38 ; ' 58% 73 ft 37% No par No par Duplan Corp__ Preferred 58 ft 74 1 23% 23 Ya 16% • * 38% 50c > 1,800 26,000 13 36 ft Dunhill International Pont de 58% *71 . 1 preferred__100 - 35% 58% 16% 14 ft 40 *116 10'A common 600 • • 35 XlOft convertible 3.90C ~ 35% 69 34 ft 10 ft Industries 140 23% • 35 10% 3%% '< 40 27,800 36 10% Dresser 37 V® 40 -' 21.6C0 35 V® 10% Drewrys Limited USA Inc 39 ft *80 "• •■ 16% 34% 1 Co. 35% 21 1,800 - -37% 35% Divco Corp Co - 35% 16% Ltd 3,000 " . r 4 35 39% Aircraft : 83 41% 41 % 13 Mines 100 - 34%. 16%. Chemical 3,700 •' ■ 45'%' 35% .. 12ft. Douglas - 14 ft V® 39 39 V8 Dow v, 42 , 16% Dome • 37 Ya 37V® 83 39% Pepper Co • - 23 ft 13 Dr * 35% 69 *80 1 35% 50 37 35 Va 37 37% 83 ,35% No par 1 22% 16% preferred series A (The) 38 68% 39 conv 16% 35ft 30 • 7 V® 20% • 35% 12% 5% f 16 % 22% 13% Dixie Cup Co common 21 - 1,800 * 98 16% ■ 35'/a : 39% 37% ♦80 4 90 ' *96 Va 207/g w 900 -'96 ft 4 10 , :46ft A *95 98 - •_ *94% ■•96ft 68 ft 16% Dobeckmun Co ' *35 • 35% 2 44% •> ' 21% 34% 50c • 68 1 Corp 4 50,500 *; -;4,40Q •, ■j 73ft x28% -29 28% '• * 96 ya -3,000 : ♦13% : 14 V® •96 Va 98 i - -7'/® ' 39% Stores *y3% - f • 45 . *95 17% 37»/a - 44% *94 Va L- 20% 16 ft - , • ,138 46 Va - ' 50 > 57% /35V® 34% 7 Va - ' 14 y® "28% ,4 95 V2 ' 7 : 73% 9*% " - *13% "14 '/a > 'i J 25 new preferred 7- - 19,900 20% 7 138 45% ' *93 Ya 4 57'A j -3 • 107 20 t 73% 1,900 4;..'.# 7'/® 107> ; 6.70C - i * IS Match 38% 37% 83 : v 34% - 7 138 45% - 98 <' 35% *80, L. *34 »A • „ ft 8% 68 > ; io'/» 10 20 ft, v 34 ya : 73 93% 8ft;- . *66ft - . 57% r . 34 ft - 96 Ya - 21% 35 - 107 *. 19ft *136 . - 7lA 57 ft 7 . i> , 34 % i 107 44 % - 68 21ft - 10 y« r- 6ft 46' • 6ft 28% • 37% '67% 34% * 73% - 8% s.. v4- 10 34, :*96ft 68 ft series. $3.50 series Duquesne Light Co common ♦120 > 98%: 48 50 *51% 52'A *51% 50 50% 50% 50% 52 ft 52 ft *52 ft 52 *51 52% *52'A preferred 1 4.20% preferred 50 53 ft Mar 30 4.10% preferred 50 $2.10 preferred.. DWG Cigar Corp 50 5 *51 - 52% 15% } *98% 36% 367/g 37'A 48 48 *47 ft t • • 51ft *5lVa *50 ft 50% *51 } 52 ft * 52 ft 52 ft , 37 . : *47 Va . *51 *52 Ya 52 Va 15 V® 15% 15 Va 15 JA 15% 35% 35% 36 36'A 51 ft 53 52'/2 53 ft 29% 29% 29 Ya 29 % 26 ft 26 ft 78% 79 20 160 52 ft . 700 _ 230 51ft *50Va 52 *52 52 ft_ *15'/a _ 9,600 48 51 Va 51ft 52 52 ft 600 37% 50% , 1,200 ;98%, 52 % , 52 y2 52 52 Va • 98.ft . 52% 50% 15% 15% 98% 51% 52 ft 52 48 j 50 Va ■ 53 • 120'A 98% 36% 52% •50 ft 230% 98 ft : 37% 50 preferred 53V2 Apr 21% Apr 28 40 8 15ft Jan 4 9 ft Jan 46% Jan 165 Mar Dec 27 Jan 4 58 Jun 23 Eastern Airlines Inc 6 32% Jun 21 Eastern Corp 21% Jan 18 30% Feb 10 72'A Dec 4 6 Jan 31 67 Mar 14 82% Jun 8 170 172 Sep 1 37% Feb 24 52 ft Nov 24 45 ' 20% Jan 4 27% Oct 13 24 ft Mar 15 3 22 ft Jan 19 100 Jan 95 4 Jun 11 •93 39% Dec 10 36 106 Dec 13 % Feb 23 23 ft Dec 9 24 45% Mar 2 Nov lft Jan 4 4ft Dec 11 Mar 14 Mar 17 Jan 6 103% Jan 1 33 Jan 31 15ft May 18 35% Mar 14 175 Jan 31 54% Apr 14 Eastern Stainless Steel Eastman 29% July 18 96'A May 31 47 Vu Jun 9 107 15% . 140 _ ... .. 300 Ekco 15 July 15 5 26% 27% 26 % 27 %■' 78% 79% 78% 79% 4ft % Co 3% Jan 5 5% Feb 10 Electric & 31 27% Feb 3 34 y« Feb 23 Electric 27 6 22 y« Feb 25 Elgin Elliott Ind Apr 26 Oct 48% Jun 13 53 Feb 28 25 5% 54% Dec 30 preferred 35% Jan 49 Jun 11 22 58 ft Feb 17 5% conv 41% Jun 17 39% Jan 6 54 ft Apr 11 25% July 22 Emerson Electric 16% Feb Emerson Radio 14% Jan 4 9ft Jun 20% Aug 8 15ft Dec 22% Feb 17 26 Jan 92 17 19 Jan 3 13% Jan 25 25ft Jan 3 29 ft May 19 102 July 13 25% Jan 21 28% July 18 24% Apr 11 83% July 22 4 22 ft Dec Jan 29 4 79 Dec Dec 2i 76 29 74 ft Feb 5 r,r,pr Paso 2nd 43 ft 104 ft >101% >101% 16% 44 44 3A 104 Ya 104% . Natural . - 27% 15,200 79 Va 7,100 *168 173 1,200 173 52% 52% 53% 29 y8 2S% 29% 93 92 Va 92% 200 44% 44 V2 24,300 *101 Va 104 Va 44 "A 45 ' • 104 Va *102 104% 44% 17 17 17 16% 17 Vg 17% 44 ft 46'/a 44 45% ;44% ■ 5,300 7,100 30 17 17% 47% 45% ft ' 29 *92 93 »A ' 17 44% 45ft 31,200 4% 15,900 1,500 46% 4 Ye 4% 4% 4'A 4% 4% 31 ft 31% 31 31ft 30ft 31 "30% 31% 31 % 31%' 3,000 19% 19% 19% 19% 20 20 ft 20 Ya 20% 20 Va 20 % 2,900 22 22 ft 22% 22% 22 ft 22 ft 22% 22% 22% 22% 3,900 50 50 *49 Ya 5C *49 Va 50 50 *49-ft 50 Va *49 Va 50 4 7'A 47% 4% 4% . 4% r *49% 50 *49% 50 *49 Ya 50% *49% 50 % *49 Va 44% 44% 44 ft 45% 45 Ya 46 ft 47 47 y2 4 24 24 % 24 24% 24% 24 ft 24 Va 24 Va 24% 25% 5 14 14% 14% 14% 14% 15 14% 15 14% 15 26% 26% 26% 26% 26% 27 27 27 27 27 1,400 32% 3,800 preferred Gas Jan €9% Mar 2fi 1 & Mfg Co Phonograph Endicott 20 ft Jan 16% Jan dpp 43% 1 33 y« Feb 6 2 86 , 43 *92 > 7S JA 15 common Empire District Electric Feb 27% Dec 27 footnote* 21 96 6 4 For 93 shares Co 27 y2 Mar 24 28'A Jan Jan 22% Jan 70 93 93 27% 100 " 4 20 26% July 28 4 El Co 27% 79 27 ' 49 81% Feb 12,300 5 Amer National Watch 48 2,700 55 Va 30 36'A • : 10 Storage Battery 15'A Jan 21% May 12 29% *92 54'A 10 27 29'A Dec 16% Dec 29% Aug 12 52 ft Dec 8 36'A 54'A 29% 36% 30 52 52 ft 29'A 1 6 12 51ft 29% 100 3 23% Jan 52% 28% (The) May Mus ■ *167 51ft 29% Nut Co Electric Auto-Lite *2S Ya 173 *167 173 52 ft 29 2.50 common 11% Mar 23 >167 52% 1 preferred Elastic Stop 173 53% " 78% 2 common preferred Products '167 • 100 Inc 36'A ' ' 10 100 Bros Stores 4 YA % 30 Corp Manufacturing Co Edison 53 common Co preferred Eaton May 27 23 »A Feb 47 % 6% Kodak 36'A 52% *29% 10 : 35 ft Jan 22 36 1 10 Eagle-Plcher Co 24% Aug 9 25 ft Dec 31 4 85% Feb 5 100 73 Jan July 18 ft 7 20 8 . 27,000 • E 18 ft Jan . ■ -.4;OOO - 17 ft - 30C •>•■. 700 - .67 -16% ' 113.70C - <>8i.-. 84y®: . w 2%98 Vi " • 66 V2 i, t '3,100 * 41%- ' "• 30% . .v 6% " -40% ' . J $3.75 preferred 36% July -10. ■ , 31% *97 i. . 144 ft t *66ft 138 . *13% / 44% 95 ft 36% 46 " " 29% 44 ft 4% 6 — " 182ft 6ft - 48Y*> - ,8ft . 20 i -9'JYa 13-W 34% common cumulative '• 4 7 $4.15 11 • 10,10c 99% 31 *; - 80 15% 15 y® 58ft -x *73 ' II 16% Apr 47 y. 107ft ,*136 ft •45% 95 J 13%' • 34 i ) 73.; , 95-'- 45% *93 % . 34% ; ? 136 ft 73 ' •' 22 6 - - 67 < 143 6% 57% "19% :• 119% •' 95 ft 14 Jan 760 • 5,300• 28ft ' * ~ 17% v:. 78 . . 13 6 29 182 - 2% 104 ft -104% 10% *105 58 r - 63 54ft Mar ' - » 31V« i -. 16 ft • 68 6% V 3 -44% 20 14 :.:;57% 138 -28% 50 ft Jan Jun 106 - 7 52 51 58'A " ft' : 106 53 ya Apr Feb ; - 100 28% ' *98ya f i' 31 . ,.66% 8 ft . 39% Apr 12 Apr 12 37% July 22 49 ft Apr 27 - 100- • 7.200 6,200 ' -67% *98% •• ' .*35% 4-36 2 du 115% Jan - , 40% — r ; Distillers Corp-Seagrams Ltd 13 3 - 20% Co $1.50 cumulative 29 • -2%. *34 % .34% - 6% -68ft Reynolds class A Diamond 34% .,.34% - 50 1 Diamond T Motor Car Co 79 July 12 Vllbiss Diana 7 May 26 30 ft Mar 14 20 Western 16% July 15 34'A Dec 31 26% Aug 10% Jan De 10»A 20 34ft' "35 *136 ft "*73 -• v - .8ft • 9% 20 & 13% Jun 41 Ve "57 30 :: i 30 ft * *97 - 15ft *66 ft 100 Hudson Diamond Alkali Co 28 13 % Aug 8% May 17 40 36% Jun 11 36 21 28% Mar 24 57 6 34 ft Jan Sep~16 6% -."40% - 15i% . 15 • > 100 Detroit Edison 20 Detroit Hillsdale & S W JIR Co__100 Detroit 8teel Corp 1 Devoe & * 19ft' 14 Denver & Rio Grande West RR— Escrow ctfs for common_.No par 6 31 ft Jun 35% 58 68 6% 103ft *13 ft 10 preferred Delaware & Power & Light Co 7 Jan ! Delaware 10 33% Jan - common .36'/a July, 5 15% Feb 4 7% Co Lack May 17 Feb & Delaware 20% Jan 22 Deere 3 27% Jan 101 Feb 33ft Jan .35% May 5 70% Jun 22 5106 - 100 series 3.90% 23 4 '; 28 — ~ . 17X300 ' - .48% .15% 8%' - *ioy# 50c Preferred 19% Jan 8ft *66'/a ;-.• 100 series - 35'A Nov May 15 ft . 50c Preferred 3.75% . 18ft Nov 12ft Jan 4 77 ft 45 % • ; -- 1 *6%r * '31 »A - JL144-V •146: 16. > 7 6% 10 > a Power & Light common 3.75% series 4 32% Jan . * 30% 105. s , 27% ' • 28*y« *: 36 ft 76 % i . 45% 143 15 J. , 34% ..34% 20 Preferred 4 41 i ; - 16ft >105 100 182ya.:U82yat 67ft *35%. . 104% . 10% .1 160 preferred- 27 Mar 68 1 ... pfd 3%% ; 9ft Apr r -44 8% ... „10 1 Inc 24% Jan 34 , 36 y2 *.'78% *137 ,,, . 15 ft 15% 8% . 1 Dana May 11 28 — • , 77 ... '.31% 66% > im 104% : 16% . „!5: 2.50. No par ..No par ; Class A .Cushman's Sons Inc 7* 1 99 Vu Apr 46 y4, .142 - *66 ft 100 i preferred Curtis-Wright Dayton - . 5 common Daystrom Inc • 10 - 80ft Jan II 07 ...16 ?t , *31 ft '.16 ft 67'A . *35% ... 78% 105y8 45ft ... .*138 67. '-.16. 35% . 105 100 a. $7 preferred 7% July 12 13 Va July 1 32 ft Mar 4 ~ -35% -.77% ; J 31ft :-3ift : 67%. ,16%, , . 5,300 " ' " 41ft ' 67ft 28% 98 ft - 26 *56ft ' *99 ■ 2ft • % ' 40 ft '*97 67- 8,600 ' ' *" *5ift "53% • -*98% "99%- .. "6ft *2% 40 97%'-'' 1 - - * ' - - - 56ft * 29% " 29 ft 4 * - . 28% 183 ft 6ft 1 41 " • - 39 12,500 J - 86 ft • -99 " ' • 29% 56ft 10'A ' ft- 25% - 38% 1 A 36%" 37 - 27 ft." 27% V 30% r 30% • 6ft '-"2% -2% 40 ft 97 *182 30% " 6% -' - • 99 % - - 25% fr. * • 1.50C , ■ preferred. 46% Mar 22 . 101ft Oct 13 12% May Apr 27 93 46 96 ft Apr 5 94% Jan 12 2ft 41ft 16% 100.. Cunningham Drug Stores Ine Publishing common Mar 17 85: • 42 ft Jan Apr 27 Jan Jan •Oft Mar i- pre/erred, Curtis 6 1 25 ft Dec 37 90 91 7 July 4 St Jan i 8 Jan 79 4% May 12 Aug 20 14% Mar 15 8 lift Jan Dec 35% Feb 7 Amer common—25 noncum Cudahy Packing Co Feb 23 140' Jam Bf - o1 convertible ' • « *31% .,31% r: .. 5 Cuneo Press Inc 67 ft Feb 23 - c/o 6% 99 28 ft- 4 30%' •* -'98% c 4 183V4 *A " : * *' 300 2.10G 103% 1 10 83 - '-*5iy*i 53%- 53% 67 ft. : 67 ft 84 36ft4: 38" - - 56- - 29 ' ' -V183 25 37 ft 56 ' w - 13,200 • '43%' 43'A ' lio%44 " 25% *51% • 30% -67 % - - " 103- 10 -•"35% 12 Ya 22% " .: •r 23 ft Mar 18 88ft Jam 64% Dec '»• 8 11 May 23 2 Shares 12 >" 103 82 - 35ft 26%.r 27% ; - ; 99 3ift 2ft -.67 2.50 common pfd Cuban-American Sugar 10 9ft Aug . July ti 22% I , 42 % *" ' 102% 10 ft - 12% 42'A 84ft - 37 55%. '■98%.- 99%" 28%:- 28% -28% 41 ____._No par Corp -- 97% :.97% .1 common 67 —6ft" ...... preferred————__-,_Nof>ar Crucible Steel 5 • .2 —— Zellerbach Cuba RR 6ft 20 60 Corp (The) Corp 29 67 ^ *- ' ' 103 83 ' 26%- 27 ft -- 31 28 $2 preferred , 18% Mar 2t Dec 7% Dec 30 of Wheat $4.20 - 7 9% Jan 21 20 7% Jun *, '*22%: 22%, 42 - 35ft 24% - 38% 55 - 10 ' - *51(4^52% 182ft 182% 100 — Cork & Seal Crown ■ ' 4o'/a Oct ^1 , common 37% 30ft 28ft ■ _1 preferred Cream Crown -*99 - 10 24%" 24ft *98% * 99% ... '.1 ' 107 8 4 13% Nov Corp International Corp ' 72ft Jan 21% Jan 100 v— .. d Crescent • 37 Apr 25 -84ftJun 23 July 22 Inc 3%% ' 100 common. 10 * ■ 42 > 86% 35ft* : 27 - • 12 ft- 23 v102 % 9% 53%: 68% — Refining Petroleum Crane Co 14 19% May 27 the Weed " Friday- ^ ; July 21 12% *22 ft „ 103 * 35% ! 56% --29ft 5 42 38% 56%. COrp—_1 common V" '7 42 J ' 102ft 24% - *51•— 23 84 ft - 26% — -.50 i *22'A ' 12 12 ft 10 ft 38-ft series. Electric preferred Coty Coty '. 28 55 Sale® fa? " Thar*day July 20' 34%. 23% i preferred Cosden •> 2%-Feb 32% Mar . 11 13% Mar S8 Wednesday 86% - 34-ft pfd 3Va ft series of 1947—180 Products 7ft 48% Jan v Cum >. 98 ft Apr t 3 ft ft • 6% July 22 ■ 35% Jab ' "May.23 Apr 29 . Jam 28841mm ; 15 Apr 17 ft July 20 4 -v •5ft Jam-84 99 ft Mar 30^ 4 Jam 37 ft Jam ' 91% Jan 24y« Jam Bl 16 40 ft Dec •* 4 -'.h Dubilier 85 * 102'A 9% - V • — '11% 42ft - -102 ft • 8 14 23 42ft ... , common. Corning Glass Works : 178ft Pah- * • ; Cornell '. 30% May 2 183ft July 6 31% July,16 . Tuesday '. July 19 . 12% * 23 -- Convertible pref 5% Preferred- 6% -series vi 12 ft 1 Copperweld Steel Co July 5 July 12 Mar 14 Monday , July 18 10 Cooper-Bessemer Corp Cooper Range Co 28'A. July 12 * 95 ft Jan ' 1 5 ' Mar 28 July 19 98 Aug 25 "<• Dec 174ft Jan 11 July 22 48 14 28 ft. May 24. - Continental Motors 26 HIGH- SALE PRICES LOW AND . Machine—1 Continental Oil of Delaware.! Continental Steel Corp 20' 29 ' - Continental Foundry .Ac Continental Insurance 7 . 21ft Mar 29 48% Apr 50ft Jan 25 51ft Dec 31 v Continental Cop At Steel Ind com—2 5% convertible preferred 25 t 54 21ft Jan - 52 : 5 , . 15 90% July 18 . "Par Apr 37% Jun 35% May 18 „ . 14% Feb . 25 ft Mar 14 ' 25'A Apr 22 8 9% July ✓ ■ „ STOCK. ' 45ft Mar 28 110 YORK EXCHANGE ; 12% July 15 23ft July 14 96 ft Mar 14 24 15ft Jun 7% Jan May 12 - ' " NEW Highest 22 22 Feb 72 Lowest lift Dec 4 1 •'/» Jun Range since Jan. 1 Highest 7% May STOCKS * Year 1954 Lowest Johnson Corp Co common 4% preferred Equitable Gas Co Erie RR common 5% 25 100 31% *96 32% 32 32% 98 97 97 : 32 ft *96 32 ft 32% 93 *96 33 98 32 ft *96 S8 3,400 24,500 10 8.50 ; preferred series A Erie & 10 , 11,800 Pittsburgh RR Co 27% 28% 27ft 28% 28 28% 27% 28% 27% 28 4,300 No par 23 % 23% 23 Ye 23% 23% 23ft 23 Ya 23% 23 ft 24 12,500 100 50 82% *72 82% 74% *83% *72 83 *83 YB ft ,74ft . 83 ft *72 7 4. ft 83 ft • . *72 , 83 ft 74 Va 83*% *72 83% 74 Va 400 -JA.WWAUtfuuS M j&Jfe Ifllsajitox- J» TJrt» WpSSM' «rtr-a *• *~?$SZ3Z Number 5449 Volume 132 The Commercial and Financial Chronicle ... i ... . (327)-19] ..... i NfW YORK STOCK EXCHANGE STOCK RECORD R«ng;e far Previous • Range since Jan. 1 • -Highest 4 26% Dec 27 12% Feb 16 14% Dec 29 <-■ ' i 11% Jan ( • Lowest - - 1% Apr T2% 26 20% Nov 1 9% Jan 11 Dec 24 V* Jan 1 174® Apr o • 4% July Products Co Ex-Cello Corp Exchange 8 LOW AND HIGH • -••t __i _• Tuesday Monday par- 1 5 July 1* "77% «' r • 74 787® 78% ' 1,1.-1 "* 15 i___3 : 47% -___ Buffet Corp " 777a 15 15 15 47 7® 47 7s 47 7® 4'/® 4-/8, Fairbanks Morke St Co. No par 277® 28% 277. 7 Fairchild Engine St Airplane Corp.l 12% 13 y4 127® 13 18 y4 Apr 7 Fajardo __20 •15% 157. 15 19 167a Dec 31 15 -I- May 17% Mar 7 Falstaff Brewing Corp 17 % Jan 5 25% Dec 29 22% Mar 14 25 y® Jun £2% Jan 11 70 74 July 20% Jun 29 34 Feb 3% Apr 8 ioy*oct 13 48% Oct 43% Oct 15 Apr 72 Dec 6 Mar 15 16 Mar 16 16 26% Jan 25 Aug 16 5% Mar 14 30% Dec 28 Family 1 5% 18 16% Apr 8 13 64% Apr 5 49 Jun 56% Apr 5 44% Jun 20 Finance 15% 24% ___50 30% 30% 2 «% 87® 1 10% 11 % 50 51% 511/4 / series—50 •45 y2 57 Jan 4 5% 60 Jan 3 5%% conv cum pid pid conv A ser 1953 16,700 147® 15 15 1574 4,700 47% 477a 47% 4,000 28 273/4 vs * *3'/® ■ 4 2874 1,800 4 4 273/4 10,300 1374 137b 14 13 7a 13% 46,600 157a 157b IS3/® 15% 15 Va 27% 1,200 15% 1574 15% 153/4 15% 15% 16 3,300 24 7. 24% 24 7a 24% 247® 24 7a 247a 3,100 76 76 *70 ' ♦70 • 76 *70 76 307® 8 307b 307® 307® 317® 31% 8J/® 2974 87B 87a 8% 8% 8 74 11 10% 117® 45% *457. 457a 100 50 *4y J/'a 54% 300 11 107. 10 v® 547® 45% *45 45 72 457a 45% *49 46 -« Shares 77 *15% 157® ♦70 76 •70 7T 76 157® •247. 5 3 777® 247. •157. _1 common Metallurgical Corp Corp Fedders-Quigan Corp common^ 13% Jan 20 l Corp preferred series B Farwick 8% July 12 9 14 97® Jun Co Fansteel ' 6 Sugar the Week - July ti 47V* 4 2774 277® 21 y4 Feb 6 * v *3'/® 12%. 29% Mar 31 12% July 19 15 * Friday j0iy 4774 7a 27' ' Sales fur./ • Thursday ' 75% 15 477. " 4 ' 18 y2 Jan 18% Aug 11 ' - 807s 15 % 4 .12.50 4 13% May SALE PRICES Wednesday Juiy zo 3 - * Juiy In " Eversharp Inc i 15 53% Mar 29 Mar Id • >•" - NEW/YORK STOCK 7' \iexchange: Evans 80% July 20 May 11 3 - ; Highest . « U7»m 31 27% Jun ; 23% Jan 43 i STOCKS ... ¥(»1^64 Lowest; f *49 54% *49% 327a 18,900 87a 11,300 117a ; 11 5,200 Fefl»ral-Mongul-Bower Bearings— 31% July 21 23 Jan 19 34% Dec 16 lo% Dec 21 197. Dec When 32% July 22 JtV4 July 21 12 Jun 24 27 45 Apr 29 .17% Jan 4 issued 31% Federai-Mogul Federal Corp Pacific 1 " 31 % July 30 40% Jan Federal 24 23 Paper Board Co Inc_^__ Federated Dep't Stores 9% May 13 13% Feb 23 Felt a»n 6 38 V® Apr 26 Ferro Jan • * 38% Jan 4 58 Dec - f2% Jan 28 8 - 8% Jan 4 4 "10% Apr 32% Dec 30 20% Jan Feb 15 110% Dec 29 76 14% Jan 12 2» "41 y« Dec 2*?® - 103 10 24 49% Feb 17 108* 119 Oct 18 104% May 17 15 627. Nov Jan 23 Apr 108 15 Mar 5 4%% 317a 32 7a I,400 13% 14 7a 10,800 31% 317® 32 7® 32 32 5,600 677. 67 677. 66% 663/4 3,700 97a 2,100 3574 2,300 1474 14% 147a 327® 67% 31% {317®: 317® 5 653/4 "'3 32 7a 14% , 66%. -34 v34 • 657. 66 „ 9% 97® 97® 97® 93/4 97® 34 34 % 347. 3474 343/4 343/4 347® 113 1137. 1137. 114 114 y2 •113V4 47 y4 4574 46% 46 467a 457® 4674{' 46% 64 63 647b! 63 64% 64% 6IV2 66 7a 67 107% *106 107 W 106 105 3/4 60 60 72. 1,300 106 60% . 47 9% * 114 9% 9% 35%.; 115 35 ♦1137a ■ ll47a 1,600 "" 46% 63% ,1 __100 •106 I preferred 327a . 147a- •317a 15 6c Firestone Tire & Rubber com_—6.25 3 317. 317. 14 7® 34 % 147B 327. ~ Tarrant Mfg Co_ 5 Corp ; 1 Fidelity Pnoenlx Fire Ins N Y 10 Filtrol Corp L_ ,____1 ! 507® July 12 68% Jun 16 35% Jan is 54 104% Sep 68% Jun 31%, 317. 34 5 Electric Co No par ; 60 - 107 1 105 , 106 6,000 > 13,600 180 ' 53 Mar 0 62% Jun 20 First National Stores * 7% Mar 8 9% Mar 14* ioy4oct 21 *42% Dec 22 7 104% Dec 3 16% Nov 5 21% Apr 23 19% Mar 11 28 y. Jan 7 38% Sep 28 35y« Jan 25% Jan 4 387. Jan 39% Jan 10 y2 Apr 18 Firth '46% Feb 6 17 Flintkote (The) Jan 18 106 May 23 $4 '26% Jan 12 48% Apr 14 6 35% May 23 Aug 9 48% Sep 23 93% Jan 7 101% Nov 5 37% Jan 12 53 y4 Dec 22 88% Jan 6 19 113 Nov 100% Dec 13 38% Dec .-9 9% Dec 21 Jan 11 6% Jan 4 , Jan 102 Feb Puwer & 7 Florida 1 Food "56% JUn 23' 28 116 Jun 100 Jun 3 :i2% Apr 12% Dec 10 45% Jan 4 76% Nov 12 99 11 7 "15% Nov 19 14 38% Dec 29 34% Mar 14 477® Jun •8% Mar 30 91% Jan 10 23% Jan 4 69% Jan Jan Dec 92 4 29 Jan 7% Aug 2 26 % Mar 14 4 10 34% Jan 6 43 .Dec 38 Jan preferred—_ 100 •108 convertible Sulphur 24% Jan 7 3% Apr 12 Jan 25 14 41% Jan 18 Dec 17 317. July 13 21 35 y4 Mar 14 32% July 18 33 7 25 y4 Jan Dec31 22 Dec ' 9 4 Jan 18 38 Jan 13 9% Oct 25 11 10 65% Nov 25 Mar 14 54 5 Mar 15 • 9% Mar [ Mar 1 General /,. American Corp— Amer Investors 3 148 V2 Jun 3 7 30% Feb 23 General Bronze 6 237® Jun 17 General 15 131 Dec 29 122 Jan 131 Jan 8 136 15% Nov 3 19% Dec 1 17% Jun 7 2iy4 Mar 8 15 y« Dec 1 14 6 17 7 Jan May Mar conv 2nd 6% 80 I 56% Jun 14% Nov 24 13% Jan 6 78 Jan 8 19% July 86y® Jun 94% Feb 1 99'/a Apr 15 13 Feb 23 General 7774 Jun 20 4 Jan 8 8% Oct 25 12yaDec 28 so y4 Jan 5 78% Nov 22 80% July 22 101 Mar 8 Jan 4 123% Feb 26 146% Dec 4 98% Dec t i 31 118% Jan 4 126% Oet 29 Jan 4 102% Sep 28 22% Jan 11 33% Dec 68% Jan 10 58% Jan 119 . 9% July 12 124% Mar 120 3 Mar 138% Feb 8 7 3 89% Mar 14 122 % Feb 25 Jan 4 3% Jan 4 28 y« Jan 52% 18 5% Corp 20% Apr 28 30% Dec 31 Jan 12 53% Dec 13 41 5% Corp Precision 43% Dec~13 7 6 38 20 Jan 28 100 % Apr 12 29 Y» Jan 4 47 y8 Dec 31 75% Jan 4 96 72% Feb 16 99 Dec 8 84% Oct 27 Jan 18 397. Jan General 101 Jun 29 45 y4 Jan 18 93 Mar 14 10% Jan 30% Dec 4 8 82 Jan 7 107 Jun 2 24% Mar 14 101 3 Jun 29 65 V2 Jun 20 98 Jun 4 %, % 4 'A % 37% July 22 817® July 22 Georgia-Pacific 76% Dec 3 63 May 17 4 21 Dec 31 20 Jan 18 28 y4 Jun 21 Gimbel 8 90% Nov 29 90% Jan 17 $4.50 28% Jan 4 42% Dec 6 38% Jan 0 987. July 20 44% Mar 2 6% Feb 26 8 Dec 30 162 Nov 46 Jan 13 y4 Jan 80 Jan 11 7y2 July 12 158 9 Jan 168 Feb Gillette (The) 11 Co 53% 567a .56 78 58 7B 50 '/2 56% 137,000 52% 517b 527B 51% 52 7a 622 19% 19 19 7® 19 19 19 19 7a 19 74 1,100 81% 82% 81 98 72 *97 * 197b 817a 977b 97a 76 82% 977b 97a 76% 7574 125 1257b 125 1007» 30 V2 101 125% 3172 36 46 7a '105 15% 367b 47% 106 157. 41% *37 427b 407® 41 'a 41% 41% 37 74 35% 37 35% 36 *100 63 y4 *96% *84 V2 *113 103 64 72 97 86 72 114 72 22% Jan 0 126% Jan 18 3 13 33 Apr G4% Jan 19 40% Aug 18 8 7% Mar 100 Jan 4 17 Jan 4 Mar 10% Dec 2 29 ' 4 35 Jan 8 44 Jun 6 93 Mar 21 98 Apr 14 9 Mar 14 13 36% Dec 17 34% Jan s 21% Dec • July 13 R) 17 21% Jan 3 117® July 21 37% Apr 29% Apr 21 19 5%% Grant Co Steel cum $2.25 T) conv Northern Co Jan 11 Dec 29 74 Feb 2 92y4Jun 22 Jun 9 38% Dec 29 35% Jan 18 427® Jun 7 Great Northern 4 22 31 20 y2 Mar 22 24% Feb 9 Great Western 131 y4 Jan 73 4 Apr 9 154 Oct 27 69 30% Mar 14 Jun 18 33% Feb 1 8 31% Dec )7 For Mar 16 78% Aug 17 20% Jan 28 143 footnotes see page Feb 23 28% Mar 15 26. 153 May 26 7% Jun 7 Green 347. Jan 18 Green 76 35 July 22 63% *100 103 967a ♦967a 86 7a *bt va 64 74 96 y2 97 8u % 114 114 *84 <H 15,000 327® 32 7a 32% 33 36 37% 48,000 78 74 77 77% 777s 79% 7.9% 817® 38,000 27% 27% II,400 26 % *98 40 7% *159 2774 99 40 7. 774 162 26% *98 40 77® 159 *20'/® 64% 58 35% 277® 26% 27 26% 27% 99 98% 98% 98 7a 987a 40 72 407a 4174 41% 42 74 7,600 7% 77a 7% 77a 7% 7,000 40% 7% 159 40 7% *158 161 200 99 *98 20 161 *159 1607a *158 20% 20 207® *20 20% *20 20 74 400 65 64% 66% 66 66% 65 66 7a 10,500 587b 58 7® 58% 58% 59 74 60% 5% 5% 6% 6% 67& 6% . 617a 35 74 34 3434 33% 34 7a 34 7a 35 347a 35 1,600 53% 54 53 54 53% 53% 53% 537'b 53% 54 12,200 274 2 7a 2% 2% 27. Stores 27® 337,900 Va 4,400 3374 337® 31,500 167a 16-/8 17 28% 20 '/* 28 5 com 1 No par Co : 25 No par No par 100 '—100 1 Tap & Die Corp__No par 42% *96 10% *36 27 7® *85% 42 7® 217® 148 *7572 32 7® 32 72 3374 178 31% *173 337a 178 33 *175 42 7b *42 *96 97% 10% 10% 10 7b 36 74 36 36 277a 26% 27 74 *96 10% 333/8 178 42 42 42% 97 72 33% 178 97 7a 117a *96 107'® 178 42 977a 11% 11 Vb 117a 13,600 210 36 36 V2 367a 27% 28 3,100 85 7a 85 85 86 1,100 85% 85 7a 423/8 41% 42% 42 Vb 42% 21% 21% 21% 21% 2134 217® 75% 500 1,200 27% 4172 146 7a 42% 967a 36 7a 85 V* 75 42 ,*95% 27% 36 217® 146Va 183 27% 427® 76 *175 j 277a *36 86 148 4,600 11 28 167a 2874 33% 13,800 33% 16% 28 74 177% 2% 12,400 16% 16% 27% 100 va 26 74 1678 287a 12.50 6 7a 16% Ore Prop__No par Inc 2% 28% 100 Ry 2 % 27b ~57® 5 common Sugar com Co 16.400 *34 % common & Western RR L) 110 7a bo 114 76% 5 preferred Greenfield 96 va 8,700 6% new Northern Paper Co Bay 7a *113 114 1,400 63% 63 327® No par preferred Iron 17% Jan Great 36 597® preferred 54 Dec 36 57® preferred 27 80 (The) Grayson-Robinson Gt 36 4 Motors City (W 37.% 28,300 58% Co & Union Granite 78 5 Gould-National Batteries Inc 5474 Jun 337® July 22 42 1 42% Jan 178 42 . Ih Grand 31 I,400 417a 2. No par Granby Consol M S & P 31 96 7a *84 7a 113 *1UU 64 7a 103 417a *35% 103 6,o00 38 0u j 78 100 Co Rubber— St 30 Dec 97 7® 86% 114 63 7. 2,000 36% bova LfU i 1874 May 26 138 *100 647® 1,000 33 7i 1 (B F) 6 5 *9672 *84 Va 114 103 5,900 - 16 16 153/4 36 74 47 106 77 10 5 29 62% 4o% *105 32% 5 Hosiery (W. 4,900 1 Co No par 13% Jan 86% Jan ♦100 36 7b 36 78 46 7a '3674 36 *„a 100 Gotham 7 1574 26 58 100 3 Jun 15% 357a 100 common 27 % July 24 15% 58 5 106 *105 35% 2.50 (The) Graham-Paige 400 1 3 Dec 15% 35 */8 467a 46 58 72 100 Jan 13 Va Sep 36% 106 35% 66% Jun 26 35% 46 *105 46 3/4 58 18 12 *1574 367. 106 478 5 357b 5% Jun Jan *46 ♦105 47® 5 59V2 50% Jan 7 4% 35% 35% 31 14% Jun 1,900 *58 % 22 Grace 1,100 30% 9,100 Dec 3 100% 30% 21,400 54% Dec 3% Mar 126 74 100% 31 5 21 2 *125% 100 7a 31 53% 28 33y4 July 20 41% Mar 14 125% 1007a 3174 50 Dec 29 1257B 1017® 31 4% 4% Apr 31 ' 126 100% 317® 52% 52 Dec 125 126 49% 64% 2% Nov 29 124 74 125% 101 53 74 20 42 75,000 507a 20 47% Dec 129*78 53 64% 1 80 123 108 127% 4 J 3/4 10 4 122% *148 1277a 53 10 4 150 1257. 5074 Goodrich Co iy4 Jan 123 ♦148 125 7. 49% Goodall-Sanford Inc 29% July ♦1227a 158 52 74 10 27% Jan 123 53% com Plywood Tire 2,300 *148 10 Corp Co Rights 76 *122% 1 Brewing Co & Stock Telegraph Goodyear 75% 50% 16 -> 767a 527® 22% Feb 7 400 5,500 49 72 5 73% Jun 11'o July 22 4,800 987a 10 158 125% 81% 5374 6 7% Jan *75% V* 10 5174 15 21 7674 80 *97 10 12272 •100% 31 987a 47® 26 11 July 22 124 Vb 82 974 53 Jun 7* 122% *148 81 98 7a 9% 75% 76 82 7b 987a 9% 9% *19 50 7a 17% Jan 69% Jan Gold *97 9% 10 Goebel 2 30 136 *135 100 1,400 52 7® 20 8 ' 55 7a 29 7a 53 64% Dec 26% July 30 55 % 29% l3o 13a 110 92 7a 60 2974 523/4 14 3 29% 136 *91% 9174 , 29 7. 52 Dec 9% May 9174 ♦55 507® 60 137% Apr 26 10,300 5374 10c preferred Glidden 1,500 22% 55 •. Brothers 337a 22 527b No par preferred conv 33% 22-/8 52 5 Corp preferred 4%% 33 74 21 1 preferred 374% 30 144 *143 33 21 1,400 5 Corp com preferred Tire & Rubber 13 27 29% *135 144 3. % 3,300 Corp common.No par 86% Mar 23 11872 Jun 29% 136 •143 144 19% 158 Corp Time 29% ♦134 7a 20% 360 15 74 123 Utilties & Telephone General 3,600 19 VB , *148 General Refractories 49% Jan 35 10 V4 157. 100 Realty General 10 7a 10c Utilities 28% Jan 457® July 11 2974 136 *122 preferred Shoe 10 VB 157® No par Equipt General 35% May 25 25% Jan Public General 144 106 common Railway Signal 23 107b 1974 No par 177® Mar 24 July 22 1074 197a No pa: preferred 0 597® Jun 107® 157. I General Public Service Apr 28 14% Jan ■ 9,600 10% 19% General 9 62 7a 15% 19 15% Sep 62V4 107 19% 16 4 62% 6174 *15% 67% Feb 12% Jan ♦IO0V4 62 74 15 72 71% Apr General 297a 107 7a 613/4 19% 8 General 297® ♦10674 62% 29 ' 157® 3 7 297. 1067a 297® 10b y2 197® 4% Jan 30 2,200 29 74 1067a 29% 10672 15% General 37% July 12 29% 29% 107 —100 Motors 50y2 Jun 6,400 -1978 No par preferred 10674 Feb 16 7s 15'/2 No par com convertible 6 lb ,19% 44% Jan Mar 17 16'/b' 1 Corp Preferred $3.75 series— 7 16 7a 297a Nov~24 $5 167b " *134% preferred 3%% 15% 58 Co Instrument General 16 927a Finance Corp (Delaware)_1 21 157® *52 Foods Corp preferred Feo 167b *<91 General July 11 54 58 7 147 52 V4 92% 5 123 200 19,200 52 *52 General Electric 3,300 { 50 7a *91 General $3.50 35 Va 58 Outdoor Advertlslng.No par General Portland Cement Co 1 33 4,500 1,050 7% 35% 93 14 39% Jan 33% 7 74 357a 93 33% Feb 105 33% 774 *3374 *52 _5o " 7 27 34 7. ,.,7% *33 297® Jan Aug 16 337b • 77B *143 29 Dec 34% *48 21,100 % 357a 7 21% 3 34% Aug 19 1,600 33 30 44 7a 144 Jun 107 1,400 42 207® Jan 18 32 V* 42 33 127 Jan 32 y4 42 7. *143 102 25 y4 Mar 26 100 327a 417a 2172 22 1297® July 22 5% Mar 400 32 7a 3374 8 9 48 7a 21 Vb 24 4% Dec 48V2 33 7® 99y4 Mar . 487. 5 43% Mar 14 95 : No par General Mills common 56% Feb 64 10 5 9 5 10% 107% *3374 77® 36 6,700 107b 10 7® Corp common—2 preferred— i.—10 Dynamics 317a 10% 107a 48 74 *48 1,000 6 6 31 107% 50 7s _100 48% Jan General 6*7® *33% 10% 6 317a 49% com__No par Inc 48% Feb 9% Jan 6 107% 10% .. 100 25 Mar 29 240 317. 10 143'/4 5 — 48% Jun 37% May 17 9,700 907. 1077a 31% 108 107 62V* Contract series 7% 35 317® 108 627® preferred Cigar Co preferred General . 107 62 72 1st preferred 4% 7% 7 11 Corp General Mar 11 3,600 517® 297® preferred 4% . 153/a 45 74 50 *106 7a Cable Corp com. 5 • 51 com__l common— Jan 22 , . No par Baking Co 15 July va 15 % Transportation—2.50 29% Jan Jun 90 4 497® ..100 9 307® May 27 7'/. *34 1 $4.50 preferred $8 143/4 90 7. 4 44% 157a 4474 90 67a 6 31 33% 10 93 67® 3074 3374 337. 32 V* 1 com preferred/.—50 Corp.; 1.66% 18 y4 Dec 59 6 67B 6 _■ 2 Industries Inc convertible 33% Dec 18 907a 327® (The) Corp Wood 148% Feb 24% Mar 15 90% • 41% 4 45% Jan 90 V2 32 V4 4 83% Mar 18 90% 41% 3 27 90 y2 *90 1578 31% General 29 4474- 41% 21 31 43 Va 157b 32% 11% Jan Dec 157a 43 7»- * 417a 4 Dec 1574 43 72 32 General Dec 3,800 15 447® 41V2 23 89 82 7a 32 7. Acceptance 29 13 Va 81% 15% , ■ 41 Va General 49 13 7a 81 78% 317. 22 4 8% 137b 80 137® 44 5 : 167® Jun 2 8V2 137® 137b 80 47% Container 9 8% 80 *874 13 78% 157b 1087a 137® 8% 13% 81 47 72 18% Jan Feb •8% 47% Gaylord 17% May 1,000 2,000 *8% 8% 13 V8 80 common—1..; 10% Jan 71 8 7a 47'% 30 30% Mar 8 3/a 1072 69% Juu Jan 10,600 10% 107% Mar 139 bO 37% 1 (Robert) 135% Aug 4 98 Va 377. 107b 14 Jan 98 Va 37 ' 10'/4 28 10 1087a 99% 367. ; 317b 67% Jan 6 107 7a *98% 36 Va 107 1077. 4%% 15 180 1077a 997. 35% 100 Jun 29 V2 Jun II,400 52 *98% 1067a 317. Gar 507a 9872 108 107 V4 1 51% 357b 1 (The) Inc Garrett I 4,100 105 98 72 100 105% Jun 24 ; 46% Feb ; 46 Cot* 107% Aug 27 Jan 5 6 32 17 Dec 31 103 xL 12,900 59 7a *103 35 108 111 1 common $4.50 preferred / 3,100 39% 387a 60 % 105 5074 Gardner-Denver Co ecu 6 51 . OJ 74 /4 •103 70 700 i 35% Gamble-Skogmo 46% Apr 39 : 5872 105 50 527. 387® 38% 387® 58% *103 Jnc common.. 5 5% convertible preferred -____50 Gamewell Co (The) No par o'. 42 0' Co Co Galr 217a 41.% 4174 997a 1 1 Co 217b > •217® 42'% 35 VB _10 Corp - 42 217b 38% 58 V2 105 50 V2 52% 217® 21% 3878' 57 7b 1,400 * 6,000 104 104 •98% No par _, Co Trailer 387® •103 9% 42 413/4 102 7a 10 preferred Gabriel 7 107® July 22 48 % July 22 Jan ava 153/® July 20% Jan 4% 30 July 30% Jan 2 37% Nov Jun 11J ^-4 y4 41% Aug 23 6% Dec 27 4 May Froedtert Freuhauf 105 9% 2,200 100 ' Sugar Co Franklin Stores Corp Freeport Alar 2J "Sy® Mar 34 40% Dec 13 227. Jan 107b 5% May 18 31 6% Jan 25 6 15 18 31% Dec 4 lu* 23 14% Jun '88% Jun 6 52 Francisco 4 3874 *5778 567. 1 97® 102 7a 42 . 607a 607a 42 41% 4172 104 ' 38 % No par 10 ") 4% Nov 15 19 Jan Co •103 ' Jan 42% 102% 603/4 9% 93/4 , 4172 217. 42% 15 3%% ; 3 Mar 22 207. 42% 3%% preferred .J, Foster-Wheeler Corp— Mar 31 8% July 13 11% Mar 14 10 21% Machinery St Chem Corp Food 24 97% Jan 12 32% Jan 17 Light *97® 9% 105 42 V4 pfd ser of '51 cum 102 Vi 21% 105 607® 6074 593/4 4178? 417® * 1 Fair Stores Inc common $4.20 div 97®- 9% "4178 7% Corp. July 15 974 41 •102% ! Power July 60 5 No par Florence Stove Co Jun 60 105 13 49% Jan 25 29 4J 94% Jan .' 40 43% Mar 15 99 5 Co Florida * 35 ; common.. Carpet Co (The) preferred ' 102 ' 147 *73 7a 2 2 7a 32 7® 327a 32% 32% 3272 32% *32% 147 146 7a 147 75 *737a 75 32% 3274 32% 33 3274 32% *83 42 21% 147 *73% 42% 22 148 7a 75 17,900 4,700 230 40 32% 32 V2 4,700 32% 35 5,400 The Commercial and Financial Chronicle... 20 Monday, July 2%-1955 (328) EXCHANGE STOCK RECORD I NEW YORK STOCK Lowest Highest 14% Mar 113/4 May 21 STOCK EXCHANGE 13% Jan 4 Highest loy4Mar 6 Mar 30 20 94 11 39% Aug 11 32% July 19 4 5% Dec 22 5V4 Jan 6 267/a Mar 29 39% Dec 23 35% Jan 6 44% Feb Jan 6 96% May 5 61% Mar 14 89% July 7 223/e Jan 4% Jan 68 '/4 Jan 4 91 Dec 4 67% Dec 90 9 457/a Jan 29 29 34% July 30 31 Jan 18 106 V2 July 28 103 Feb 1 103 May 110 105 Jan 15 35 Jan 27 29 % Feb 2 26% Jan No par 25 "94% 84% 95% -No par 36 104% lOo 10/% 45% 45 Aircraft Corp Grumman :„1 .1 Guantanamo Sugar 23 $5 • preferred Gulf Oil Corp Utilities States 3J:% 5-,d 40 ;« 80% 6 Common Jun 9 $4.20 dividend 104% July 13 lu9% Jun 7 $4.40 dividend preferred preferred —100 4 lUo'/i Mai 22 107 10 $4.44 dividend preferred 100 35% *103% lOo *iu7 25 *45% Oct 36% May lu5 Jun 15% 99 32% *o% the Week Shares Juiy H 15% 16 99 1jJ 33% 5% 3j % 9o-j &J 4 *9o «2 9o :4 84% Friday July 16 99 33% 5 h 39% 16 98 33% 5% 39y2 Sale* for Thursday Wednesday Ju.y *40 15% 16 9o7a 98'% 34% 33% 34! 5% 5% . 14,300 380 4 17,800 5-3/4 1,100 39% 39 '/a 39 J 95 Va 95 Ve 96 96',4 400 82% 84/4 84'% 86-% 23,100 36 % 4,300 40% 4 8,600 Co— 106% M^r 26 5 1534 97 V4 32-/« v5-4 3d% 9o-4 83% 15% 9i% 3j'/a 5% 39% 100 preferred 4%% Gulf 100'/a May 26 16 99 Gulf Mobile & Ohio RR com—No par May 31 45% Feb 2 8% Apr 4 97 7 Par Greyhound Corp (The) common___3 2 99 Sep 90 '/a Jan LOW AND HIGH SALE FRICES Tuesday July!;) Monday Ju.y j8 NEW TOKK Range since Jan. 1 lear I'joi: Lowest ' STOCKS Range for Previous 100 35% *105:% 107 36'/4 105 *103% 10/ 107 107 140 *10J 35% 36 lUo lUo • 36 ♦lUi'/a *105% 35% 36 103% 10j% 10o% 106 lu/ 107 107 *106 107 100 105 30 II 13 42% Jun 463/4 July 12 Hackettsack Water 51V4 Mar 14 63% Jun Halliburton Oil 48% July 19 17% Jan 46% Aug 17 623/e Nov 49 July 22 24 May 27 24 ly/aJan 20% Apr 30 24 6 7 12% Mar 2 21 Dec 29 193/4 July 1 25% Fab 4 63% Jan 5 86% Dec 31 85 5 100% Feb 12% Jan 4 25% Nov 24 102% May 11 106% Oct 25 Hall 4 24% Jan 131 21% Jan 40% Dec 22 38 Nov 23 135 29 Jan 15 21% Oct 28 223/e Apr 5% Jail 23 32% Dec 28 142 6 35 Jan Jun 21 107% Feb 1043/8 May 10 33% Nov 4 July 1 51% Juiy 21 6 Mar 14 142 32 8% Nov 9 34% July 7 363/8 July 22 19 May 26% Mar 14 39'% July 13 35% July 5 8% Jan 14 30 Mar 11 53/4 Mar 25 30 Jan 6 40 Nov 18 35 10% Jan 6 14% Dec 10 13% Jan 6 11% Feb 17 17 23 15% Jan 6 4% July 12 Dec 39 May 25 7 Jan July 19 8% Dec 31 18% Jan 4 23% Dec 31 21% July 21% Jun 30 28% Dec 31 2bJ/8 Mar 14 33 Jun May 21 84% Jan 24 89 May 39% Jan 54 % 85 Mar 4 89 - 8% Mar 24% Mar 7 Hammermill Hanna Hayes Mfg 7 Hazel-Atlas 41% Nov 22 101 % Oct 11 21% Jan 26 23% Nov 11 22% Jan 6 25 Jun 5 37% Nov 18 36% Jan 3 38 3%% Apr 28- 35 Feb 13% Mar 12 68 Jan 20% Oct 3 98% Mar 29 14 17% Jun July 20 104% Feb 22% Mar 29 6 101 Dec 27 96 Jan 17 126% Jun Jt* CD 2 1/6 % Oct 26 123 Jan 26 126 38% Jun 18 23 40 121% 50 52 Dec Mar 14 2 8 May 19 483/4 July 19 May 26 14% Jan 26 54% Feb 16 37% Dec 3 26% Jan 34% July 26 18% Apr 21 153/8 May 12 393/8 July 14. 1Mv4 Jan 3 4 78 Apr 8 71 81% Jan 5 92 Sep 29 18% Mar 1 14% Jan 68 9 Jan 11 11 43% Nov May 13 11 % 51% Jan ' 35 4 5 78 3 96 34% Jan 12 30 25% Jan Jan 19 Jan 4 27% Dec 6 19% Feb 7 5 30 % Dec 21 29% Feb 9 33% Jan 4 52 Oct 5 56% Jan 5 85 Dec 31 31 % Dec 31 28% Jan 100% Jun 8% Mar 23 33 Jan 103 16% Apr 26 35% Aug 25 7 29% Dec 9 84% Jan 6 94% Jan 4 101 13 Jun 4 363/8 Oct 27 28 99% Nov 18 91% Jan 105 Nov Mar 14 100 ' 24 Mar 10 Feb 17 105% Nov 16 28% Jan 11 41% Dec 31 64% Jan 40% Jan 27 8 112% Dec 23 98 Feb 15% Jan 7 6 19% Dec 31, 18 Jan 6 11% Jan 4 20% Dec 10 22 4% Jan 5 1 Nov 4% Nov 22 38% Jan 2% Nov 15 47 Feb 137 14 July 18 223/e Jun 23 23% Apr 21 7'/a'July 18 8 3% Feb. 12% Apr 27 64% July 6 3 3 213/4 Oct 11 . 6 11 Jan 32 6 19% Jan 4 3 Jun 16 9% Feb 11 31% July 22 *105% 106 Va 34 % 21 88 500 60 2,200 6 6% V4 6 6 '/4 50 '20 50% 8,900 *184'/a 139 *134% '32 Va 33 32% 37 36% 37 36% 34 Va 38% 34% 33% 33% 1,800 6% 63/s 6 Va 63/s 63/8 2,200 35% *34% 139 32% 3,800 36% 1,000 ' *34 % % *34'/a 35 35 23% 23 17% 7% 17% 7% 1/% 17% 17% Va 24 > 120 24% 24 24% 6,400 173/a 4 17% 35% 24 35 35 17% 17% 17% 1,400 7 Va 7 % 7 Va 7% 75/a 7,500 23'% 23% 23 Va 23% 23 Va 23 Va 223/a 23% 23% 23% 8,400 15 31% 31% 31 31% 313/8 31% 31% 32 % 313/4 31% 100 *8'r% 88 87% 87% *87% 50% 98% 24 52% 52 52% 98% *97 98% 10 50% *97 24 53% 25 25 *37% 381 18 18 116% 118 125 125 48 48%' 53 53 513/4 52% *38% 38% 16% 16% "17 -79/ *94 95 No par —50 1 5 . Hilton Hotels Corp _5 *97 98! *23% 37% *18 Va 116% 118 117% 124 % 124% 483/4 48% SO 18 Va 1,000 120% 120% 120% 2,600 *124% 48% 124% 124% 124 % 48% 48% *52 Va <6 *52% 54 90 48 1,800 300 54 53% 53% *52% 54 51% *50% 51% 51% 51% 51% 37% 38% *35% 38% *37% 38% 38% 38 Va 16% 16% 16 Va 16% 16% 16% 16% 16 Va 3,600 2,900 *77 93% 79 *78 79 94% *93% 94 94 94 47% 47% l.oOO 94% 47 79 4,600 79 *77 ♦77 47 52 94% * ' 47 290 48'% . 6,100 47% 11 % 11% 11% 11%' 11 '/4 11% ll'/a 11% 24% 25 24% 24 34 24% 24% 24 24'% 6,900 14% 14% 14% 14'/a 1.4% 14% 14% 14% 14% 4,900 ' 6V2 39V4 3J% 5,000,7 82% 82% 83% 7,000 40'% 10,JJ0 3S % 81% .81 Va 104'% 104 % 13% 14% 14 14Va 14 37 37% 37 Va 37% 283/8 93% 104 403/4 133 20% 93% 93 *102 ' 29 102 ■ 37 37% 11,900 1,900 29-/8 3,600 29 •% 29% 104 94 *93 103% 103'% *104 105 94 103'% 120 10 300 105 42 42% 134 135'/4 5,800 41% 41% 41% 41% 42% 186 % 138 % 134% 133'% 134% 20% 20% 20'% 20 Va 20% 20% 1,100 22 % 22 3/8 22% 54,800 V4 2'/8 2Va 5,400 20 %' 21% 22% 22% 2*2% 2% *2% 2% 2»/a 2% *2'% 7% 63% *7% 8 63% 64 *7% 2 *7% 7% *7'/4 8 - 64 64% 64 64'/4 *29 29 % 64% 29% 29 29 29% 29 5/8 2< 7% 28% 323/4 33% 33% 33% 33 Q374-; 65% ,."52%%53 623/4 64% 62% 63 Va ': 52% 52% 52 Va 53% 53% 6% 27% 28 */4 3,000 600 ' ' 63/4 7,500 200 8 64 6% 28'%.. ■- 14% 37% 22'/4 29 10 106 14% " 29 v - 39% *104% 400 31 14% - *93 103 Va 105 ♦104 104 29 Va 94% 28% 29 103 % i 106 37% ♦102 *30% 40% 40 40 % 40 104 % 22% 7% 63 % i 5% 40 39 3/8 • 500 2,000 ' 79 Va 40 % 7V4 21'% 30'% 39% 106 *6% 213/8 7',8 2P/8 40 104 % 1,200 6% % 79% 39% * 29% 2 preferred—100 30% - 30'% 21 %r 30 ' 213/8 6"^ 21% *30% 14% 21% Hudson Bay Min & 3m Ltd—No par Hunt Foods Inc 6.66% *, 39% 1353/4 137 20'% 20 % 1 6% 6% 213/a 37 % 29 100 48 79% *93% 94 % *102 103% *103% 104 403/4 41 1 Hupp Corp'. __J ■Hussman Refrigerator GbJ-LLl— 1,100 18 Vs 48% 11% 14Va *37 Power—No par (Del) 25 Manhattan. 24 % 38% 18% - 25% 4i % 100 100 _100 1— 24 ' 3,800 50% *104 'A 106 Houston Oil Co of Texas Howard Stores Corp Howe Sound Co 10 *38 24 1,200 88 118 3'4 12434 48% 7% 38% 18 118% 124% 23% *38 18% 30% 40% 79 41% • Household Finance common-No par i a 18 18 30% 50 33/4% *97 23% 37% 21 3 common $2.25 convertible preferred— % 23 •/» >6'% No par ^ 54 98% 21'/e No par commfin—5 Co $4.25 preferred 88 53% 37% *b% preferred— 30 Mining— ; -.12.50 *87% 54 23% SI1/" *303/8 40% 79 convertible 88 37% *97 10 common noncumulative 52 _5 (A) & Sons preferred 4% preferred 4.46% preferred Houston Lighting & *37% 7 % 25 14% 1 50c : 7 48 11% 5 (Charles E)_— 5% 37% 2.;% Hoffman Electronics Corp Holland Furnace Co & 31 3/% X34-% 36% Heyden Chemical Corp common 1 3%% preferred series A —100 $4% cum 2nd pfd (conv)__No par (Hudson 32 % 23% common Houdallle-Hershey 139 32 >8 a 23!% Co 5% 223/8 5 Hewitt-Robins Inc Hires Co 50 *134% 82 48! 34 % *35 21% 21 *86 51% 50 49 % 139 31 % 46 38'% oV4 1 10o% *134% 45% 139 32% ' 34 % 5J *48% " *105% 100 37% — preferred series A (The) %% Hertz Mar 10 3%, Feb 10 22 %, Jan Powder 2 105% Feb 23 105% 5% preferred ,—100 Hershey Chocolate common—No par Hollander July 18 53% Jan 10 l83/4 Dec 2 10% July 27 553/4 Dec. 21 14 8 15% Mar 14 - 25% Nov 4 133/4 Jan 102% Mar Hercules 27 104% Jan 105% 32% 32 *10./% 100 Holly Sugar Corp 5 6 100% 2.50 _No par 2 22 106 4[100 32% Hercules Motors Apr 28 May 32% preferred Honolulu Oil Corp Hooker Electrochem 98 32% preferred Homestake 313% Jun 28 32% (G W) common 4 1 32 1 noncumulative 7% 3 16% Mar 31% .32 31% *86 __——2 S 38 87 Co 87% Feb 17 34% Jan 21 87 10 Corp__ Jan 106 22 Va 21 88 Inc 44% Jun Juiy 12 74% Mar 14 22 20% 88 — 32% Mar 14 6 12 12% Nov 37 % 3 22 20% 88 _! Inc 4b 31 Mar 31 Dec 95% Jan • 16% Jan 5 27 1 xm /• 143/8 July 21 5% May 12 14 7 31% Jan 10 July 22 25% Jan 7 48% Jun 10% Mar 14 5 8 % Dec 6 July July 27 21 '8 20% preferred—^ 3.65% Helme 54% Mar 18 55% JUn 3 89% Jan Aug 25 18% Aug 13 Jan 24 10% Jan Jan 31 Ya Mar 18 21% 20-8 b8 Heinz (H J) Co common 7 1 21% 21 Hecht Co common— 2 19 22 Marx Glass 1,800 21 % *«u Hat Corp of America common 1. 23 2,100 y8 *20% 45% Industries ,800 60 49 5 Co preferred Industries 45 60% 48% .—No par com *134% ,>2% 4%% 44% 60% 49 49 6% preferred 100 Harrisburg Steel Corp__ —2.50 Harris-Beybold Co L-+~~ 1 Haveg 45 *48% Harbison-Walk Refrac common—15 f 60 Va 48 % Co $4.25 pfd—No par Hart Schaffner & *44% 44% 60!2. 60 60% 48 % 60% preferred——100 Paper (M A) 44% 45% 60 49 Printing Co convertible Hayes 31% Apr 94% Jan 17 (W F; 4% % Ou-.a *4b% Cementing—5 __— Hamilton Watch Co 20 243/4 July 21'18% Jun 13 issued" "When . Well 6% 28 «' 17,200 30 30% 7 ••: 31% 32% 32% 32% 32% 5,000 62% 64 62% 64 Va 12,800 53% 53% 53% 2,600 51% 120 6% 7 28! 28'% 4 67/8* 7'/a 5,o00 I 27 43% Jun 40 Jan Jun 21 63 % Dec 333/4 July 18 Idaho 9 31 58% Jan 6 68 J/8 Jun Illinois Central RR CO— 12 50% Dec 23 47,% Jan 5 53% July 22 51 % May 5 48% May 21 60 52 % Dec May 25 52% Jun 51% Jan 11 2% Jun 25 53; Dec 30 4 . , July 29 170 Jan 76% Dec 15% Jan 52% Apr 55 162 . Jan 20 4 66% Mar 14 Co 10 new No par 4.26% 15 cumulative preferred cumulative preferred: 4.70% 8 - Mar 11 4.42% 50 cumulative preferred——50 Feb 4.20% cumulative-preferred/.—50 , 14% Mar 15 7 27% July 22 7% July 5 58% May 23 56% May 20 169% Jjun 15 80 Jun 21 Illinois Terminal RR Co - 13% 5 Industrie Electrica De Mfex par ,26% S A__7 Ingersoll-Rand 6% No par common- preferred No par 53 6 Inspiration Cons Copper— 20 21% Jan 26 24 Va. July 18 Insuranshares Ctfs _i 23 24%* 37% Jan 96% Jan 7 53 July 12 Interchemical Corp common _5 50 19 1Q3 Mar 29 4%% 193/8 Jan 18 July 22 Interlake Apr 18 Int'l. Business Machines Nopar Int'l Harvester common 7% preferred Nopar 213/4 Dec. 29 27% Jan 159 13/4 Jan Jan 6 35 % Jan 29 323/, July 11 23 84 4% Nov 5. 59% Dec 31^ 7 Oct; , 88% Dec 31 106% May 19 13 4% May 27 40% May 27 44% Jan 11 Jan 31: 79% Dec 17 79 8 12% Jun - 41 % Jun 92% May 26 4% Apr 19 74 % July 12 12 - 141 Jun 103 . Jan Jan 3 Mar 14 114% Jun 14. jan 12 14% Jun 1 108 9.% Mar 13 69 Mar 14 91 6 42.% Jan 6 48%.Mar 1 60 Jan 5 72% Apr 21 35 Jan 28 23%-Jan 6 29 36% Oct 21 13% Jan 4 2fi3/4 Dec 6 33% Dec 2 34 38 % Dec 6 29% Apr May Jan 34% Dec 22 Mar 15 2 8 38 ■ May 16 30% July 22 45 Jun 2 34% Mar 15 43% Jun 3 32% Jan 39% Feb 24 _HH) Int'l Hydro-Electric Sys class A—25 Int'l Minerals & Chemical com 5 4% preferred i - International' Mining Corp Int'l Nickel of Canada Preferred International1 Paper5 #4 preferred International. Shoe — common: preferred conv Tel'eg—No Rar Corp 5 preferred 25 Interstate Dept Stores 14 Aug 17 12% Jan Dec 14% May 25 Interstate 29 34% Feb 34% July 21 51 % May 30% Jan Intertype C®rp_ 35% May 2 28% Mar 3 28% Jun 9 14 4% Feb 19 29% Aug 23% Dec May 12 Aug 13 Jan 123 8% Dec 28 6 30% Nov 23 37% Nov 24 21 86% Jan 8 96 35% Apr 22 Jun 16 55 103 61% Mar 31 59% May 7 19% Jan 26% Jan _ 20,% Mar 23 121 Jan 24 127% May 23 13% 135/a 13% 27 26% 27% 27 Va Power Co $6 common preferred . ]54 ■*164 7% 7% 7% 7'/a 1,600 54% 543/4 55% 4,700 54 54 55 56 % 55 Va 56 6,000 ♦164 168 *164 54'/a 168 74% 75% 53 3/4 54% 54% *24 V4 24% *24 Va *49 Va 50 31% 333/8 *89 25% 428 1 40% 174 31% 34% 93 25% 66V2 38 65, 12 87% 104 *45 65% 106 600 50 1,400 101 2 6'/a 424 425 101 26% 425 2,100 40 Va 40% 46,400 174 % 1733/4 17334 460 33% 33 Va 31% 31% 800 33% 33% 22,300 40 1373/8 34 % *31% 33 % 93 335/8 *89 *89% 92 3% 3% 73 73%/ 137% 1373/8 14% 14% 14 106 ♦104 106% 107 106 *893/2 3% 3% 73 Va 73% 137% 137'/a 14% 14% 92 3% 2,000 73% 16,700 138 14% 106 % 107 107%- 105% 250 12,600 9,100 105% 100 .,*11% 12 12 12a8 12 Va 12% 2,100 873/4 88 88 89 %• 90 90 *105 107 *104 Va ♦104 105 Va 106 Va 45% 45 67 Va *45 45 67% 68 67% 106 3 4 106% '640 900 45% 45% 45 Va 1,600 68 % 68 68% 2,600 *37% 38 *373/4 37% 29 Va 30 29 Va 30 2934 30'/4 42 41% 42 34 42 42 34 42 42 - *41% 42% *41% 37% 21% 37% 137 % ; 28 s/8 38 *37% 14 V4 14% 14% 14 % 46% 47% *49 Va 34% 34% 47Va 3434 10 27% 27% 27% 27% 27% 50c 24% 25 25 25 Va 25 Va . 20 20,700 3„% 29% 42 42% 14 % ,_i 26 % 25 493/4 ^■42 29% 38 47% Nopar 102% . 38 *37% 28% 42 *41 % 3.50 106 49% 173% 13% 87% 8,400 *24V2 25 40% 1363/4 12 30 11,100 32 "a 137% 105 % 55 173 Va 13%^ 13a/4 *104 54% 55% 75'A 32 V2 3% 1053/4 i063/4 *104 106 % -12%r, 12% 86% 87 1053/4 105% 45 45% 424 lb8 74% 75% 39% 72% 13% 253/4 26 *164 168 173 Va 3% 136% ♦101 426 423 73% 107 4J% 101 101 102 Va 137% - 74% 75 49'/a 39s/a 6,460 "/a 54 Va 24% 174 27 7% 54% 25 4,300 27% 54% 49% 426 1,340 1334 27% *6% 243^ *101 52 »/4 13% 54 Va 53% - 54'/a 52% 13% 7% * 74% *52% 52 55 %' 3% 1 Iowa-Illinois Gas & Elec Co Iowa Power & Light Co Island Creek Coal 54 y4 72% Nopar : V *6% 1 52% 55 *122'//* 125 122% 34% 122% 34% 3734 *41% 43 38 38 *41% 38% 38% 37% 183,800 1,900 42% 38 2,000 4,200 14% 14 % 50 47 47 473/4 47% 1-200 35% 35 35% 35 v8 35% 3,700 14% 28 Va 25% 14Va 28 25% *122 125 *122 - 42% 14 % 28% 28 !4 28 34 5,300 26 V* 26'% 26% 4,400 10 125 J 19 20% Jan 99 5 7 Nov. 19 13% 73% 25 25 International Telep & International Utilities cum 100 Nopar Nopar ; : International5Silver 39 24% Jan 54% 52 *13% 73% - 15 Nopar Nopar- —— $1.40 100—•---*.89- ; 93 3% 3% common—7.50 - 7% 25 2534 •' 427 4,0 39% 39% .173% 174% 31 % 31% 33% 34 100 1 10% Jan 112 ♦52% 52 - 1 Nopar com International Packers Limited 28% July 29% Jan 2 54 Va *51 Va 24% 51 102% *101 —100 ..No par International'Salt—- Jan 4 114 Corp— Jun 16 73. Iron _L May 24 Nov Dec preferred Int'l Rys of Gent Amer com 5% preferred 70 4 Inc— - 10 17 16 82 * 9 175% May 31 37%-Jan 4 41% Jan 3 3% Mar 16 31% Jan 31 Mar 23 450 44% Nov 11 373/4 Jan 12% Dec Jun 57%'Jan 6 135% Mar 31 1 17% Dec 31 Jan 25 4 8 Feb 26 3/4 31 ,167% Mar Dec 140 9% Jan 38 349 94 Jan 101% Jan 25 > 42% Dec 34% Jan 1303/4 Jan 55 30 38 28% Jan 77 1<j 38% Dec Jan Nov 176% Oct 4 Jan 25 375 *52% 54 35% Jan 28 28 54% 52 51% 76% 29 May 11 *51 Va 55 50 Va 51 26% 164 753/4 40 14% Apr 52% *54 : 55% 54% 164 100 Inland Steel Co— 22% Dec 271 *51% 55 .*52% 7% 4 25 *50% 52'/a *54 ' 55% _i 6 Oct 51 % *51% 26% 55 % Industrial Rayon—— 5 102 507/e 52% 55 50% * 89% Jan 55% Mar 28 50% -*51% ; 133/4 Indianapolis Power & Light—No 25% Jan Nov x32% •*54 *50% 50% *51% 52% *54 .7.-55 *52% 54% *51 Va-.. 52 50 55 12 24% Mar 15 6 Jun Power Illinois Power Co common—No par 4.08% cumulative preferred 50 53 17 13% Apr 50% Jan 31 39 % Dec Jan 48% Jan 26 4 11 : 5%'Jan 24 Nov 17 57% Dec 8 21% Jan 8 29 52 % Mar 28 .52 40% Jan Apr 5x 7% Nov 23 21 159 10 Dec lo„ 15% Nov. 23 30 Jan 47% Nov 49% Mar 51%, July 15 5 53 22% Oct 20 39 Oct 54% Dec 27 8% Jan 55 4 51% Dec 20 53% Nov. 10: 15 23 4 85% Jan 4 31% Jun 9 Oct 7 Nov 23 Apr 14 91% Nov 12 78 ' Nov 30 373/8 Dec 31 100% Dec 31 48% Dec 22 6% Mar 14 9% July 22 27% Jan 6 34% Jan 13 32 5 39 Jan 31 19 97 Jun 2 Mar 14 59 Jun 14 May 91% Jan 45- 99% Jun 13 104 May 10 81% July 20 97 Feb 11 65 85 Jun 27 Mar 15 32% Mar 14 98 Mar 10 41% Mar 15 42% July 105%- Jun 5 8 55% July 22 Jacobs (F L) Co__ Jaeger Machine Co_ 1—1 9% 8% 9% Nopar 31 % 31% 31 % 31% Jefferson Lake Sulphur Co _i Jersey. Cent Pwr & Lt 4% pfd—100 Jewel Tea Co Inc common ;_1 32% 33 33 33 3%% preferred Johns Manville Corp—; Johnson & Johnson Jones & Laughlin Steel com 5% preferred series A___. Joy Manufacturing Co_ 100 9 96 % 1 96 % 96% 55 55% 56 *100 ,101% '100 101% 9% 9 31% *31% 34'% 57 , 4 *95'% 57 Va *95 Va xlOl 9% 31-% 34% 12 56% 96! 101 >100 9'% 9Va 32 32 9% 34,100 32% 2,100 343i 343/4 34% 96 96 96 56% 5634 56 3 4 4,000 SO 1,700 30 102'% 12,700 82 %' + 83 Vs 82% 83% 81 Va £2% 82% 83 '/4 83'% 85 83 12 % 100 96 % 55 ,_No par :_10 .. 83 82% 84 82% 83 % 82 '/4 83 82% 833/4 1,900 30,800 41% '" 42 105 % 52% 105 Vs 53 40% 105 52% 41% 105 y8 53% 40% 105<> 53 Va 413/8 105 54% 41 Va 41% 41'% 42% 105 Va 105% 105% 105% 610 54'/4 5474 54% 5574 10,700 —i3g.JfTi' *i». .IwlH.iI Number 5449 Volume 182 ... ^-Tfci.ii'lffinlif J,,■ I't ti, i «fiiUJMiu -mw in c#«miMprwiHTti*« I ■ fi-tr "4»tT^7" --vrn The Commercial and Financial Chronicle (329) NEW YORK STOCK EXCHANGE STOCK RECORD Range for STOCKS Previous Year 1954 NEW YORK Range since Jan. 1 Lowest Highest Lowest LOW AND STOCK EXCHANGE Highest Monday July 18 Par Tuesday HIGH SALE Sales for PRICES Thursday the Week Friday July 21 Wednesday July 19 July 22 July 20 Shares K Kaiser 28% May 25 85% Dec 31 46 V* Jan 4 2 y* Sep 4 18 2 % Jan 92 Apr 100 40 Va Jun 6 6 9 32 Ya Jan 79% Jan 3% Jan 166 5% 45% Mar 28 24 99 y4 May 16 12 104% Apr 15 100% Mar 23 105 107 Mar 13 Oct 105% May 17 102% Mar 15 107% May 106 May 105 Apr 6 4% 14 5 29 50 38% Jan 13 70% Jan 24 18% Jan 21 12 % Apr 23 16 25 y4 Dec 84% Apr 21 Mar 10 48% Jan 4 4% 8 29% Jun 8 Kansas 3 24% Mar 3 Kansas Power & Light Co 4 39% Jan 4 8 Dec 31 98% Jan 54% Dec 4 23 27% Mar 14 59% Apr 15 Kern 20% Jan 11 31 Nov 24 29% Jan 43 July 20 33% Oct 18 41% Dec 13 36 '% Jan 58 Jun 23 24 y4 Jan 13 34 Oct 14 29% Feb 34% Jun 23 39 Apr 29 34% Jan 6 87 Nov 1 84 93 29% Jan 4 44% Dec 9 38% Jan 82% Jan 5 98% Dec 14 92% Mar 18 9 48% Aug 18 34 y4 Jan 23 28% Jun 30 52% Dec 31 49 '% Jun 9 42 24 52% Aug i 5 Mar 19 28 % Sep Feb Jan (Julius) County (G 54% Jun 28 Koppers 23 4% 32 Jari ; 4 18 17% Dec 8 47 V4 Jan 4 58 Va Dec 9 "7 22 Jan 85 30 J/4 Dec (S S) Aug 10 60 Jan 27 ■25 Feb 25 6 34 % May Jan 7 98% May 3 13% Jun 13 89 Mar 14 31 11 60 J/4 Nov 30 53% Jan 20% Dec 31 4 1'% Dec 4 11 Va Dec % Jan 6 J/2 Jan 46 4 15 J/a Jan 4 Dec 23 74 % Jun 6 26 3 2% Apr 6 3 15% Apr 7 6 1% Jan 8 11 y4 Jan 3Va Jan 8 & Gas 97% *96 97'% *96 97% 103 104'% *103 104'% ♦103 104'% *103 106'% *105% 106'% *105% *103% 105 ♦103'% 105 76 77 76'A 76% *47 47% 47 47 27% 27% 27'% 27% 27% 28'/4 28'% 29 4,100 23 Vs 23% 23% 23% 23% 23% 23'A 23'% 23% 23'% 6,300 5,600 8.75 5 ; 11 4 Lehman Corp 10 17% Apr 22 4 Lehn Fink 1 22% 21% 23% 76'A *47 47% 23 34 V* 34% 33V8 116% 119% 115% 2 50 52% 53 Va 52% 1 41% 42 5 50% 51% III~I1 33% 33% 33% 33% 1 55% 60 Va 58% 94 95 94% (111) No par 10 52% 22 7% 22% 1 ;. 22% 34»% 4,200 118'% 120% 13,100 53% 52% 53% 6,300 52% 52'% 53 42% 42% 43 43 50% 50% 50'/8 51 *33 33% 59% 59 95 95 34 44 *43 500 44 *43 6,200 52'% 52 52% 33% 33'% 33% 33% 700 61% 60'% 61 61 67% 8,800 95'A 95'% 96 96 98 533% 54% 97% 97% 52% 523/„ 53 54% 53% 54'% 98% 98% 98 98 97% 97% •' 23% 333% 119% 34 49% 53 22% 22% 500 117% 34'A 117% 98% *98 4,200 76% 47'% 52% 33'% 116 Va 34% 117 75% *46% ! ■ 600 9,300 140 10 28% 29 28% 291/s 29 29J/4 29% 30% 29% 30 51% 51% 50% 51 51 '/4 513% 51% 52'% 51% 51% 3,100 40 % 41 40% 40% 40% 41 40'% 41 40% 41% 9,200 13% 13% 13% 13% 13 '/a J/4 13,500 4 13 Va 13 131/a 13'/a *4% 4% *4% 4% *4'/a 4% *4 Vb 1 16% 16'A 16% 16% 16Vb 16 3/8 16'A 50 *55% 58 5o 55'/2 *533/8 5 23'% 23% 23% 23% 23% 23% 231/4 23% 23 % 23 >/a 7,200 Sons common.3 Co *33% 33% 33 % 33% 331/2 33% 33% 33% 333/4 1,300 *92 9o Va 100 *92 93% 4% 16 3/8 *55 57 '57 *54% 1,500 40 93% *92 93% ♦92 931/2 *4'/a *16% 12% 13 % 12% 13 12% 123/4 12 3/4 25 66'/a 67% 67 67%: 68% 69" 69% 69% 70 70 '/a" 4,500 22 22% 21% 22 22% 22% 23 233/a 23 Va 233/8 6,100 *1% 2 l'/a 1 common 1% preferred—No par 2 14 Lerner Stores pfd-_—No par •*'- 14 18,700 13% 2 2 7,400 l'/a 2 Ve 14% 14% 14% 143/s 4% 4% 4% 4434 '44'/a 14% *14 14% *4 4% *4 '4% 44% 44 44 5/a 44% 17% 18% 18 Va 4,400 18 J/s 44 44% 43% 5 ; 2 13 '/a 113 14 4% *3% 1 1 , Products.: 33% *92 57 4% 16% 1 lo No par (The) • 13 Va 13,800 Mex pfd_7~5~Pesos 2nd noncum 763/4 < No par 1st 5% Apr & 140 77% Tire noncum 47% Jan Jan 50 106'% 104'% No par & 3 29 - 104'% *105% No par Lehigh Valley RR Lehigh Valley Coal 50c 97'% 27% Co & 40 >A Mar 14 31 Dec *96 *103'% Co (Jamas) $3 97% 104% 104'% 3.85% preferred Lehigh Coal & Navigation Co Lehigh Portland Cement-.,—: 21 80 *96 106'% common Consolidada 6% Lees 25 Va Apr 18 y8 Jan 9 4y8 Dec Mar 30 Jan H) Lee Rubber 2 2,800 97'% 4,300 105% Bryant common— 4%% preferred 28% Jan 12 Va Dec 6 2 26 42% 104'% Lane 4 Apr 34 La 27 4 73/8 May 27 J/2 Jan 15 Laclede 25 54% Apr May 10 95 24 5% Jan 42% 47% Kroger Co (The) 17% Jan 42% 104% Co^ 4 14% Jan 42% '103 ioo Jan 15 42% 76 common Kress Mar 14 4Ve Jun 16 0 Inc 50 12% Mar 15 29 5% Feb 9 42'A 27 Co Co 9 20% May 10 13% Dec 3% May 27 9% Jan R) Co (S 42% 42 106% preferred Kresge 41'% 41% *47 ' Co Land 55% Feb 39 % May 31 14 J/4 Jun & $5 prior preferred ioo y4 Jun . 2% 35% 150 50 Corp King-Seeley Corp Kinney *2 J/4 34% 146 104% Kimberly-Clark July 22 2% 34% 144 No par Electric Co Keystone Steel & Wire Co 67% July 22 79% Jan 31 & Kelsey Hayes Wheel Kennecott Copper 5 *2'A 33% 143 No par Gas Kayser 121% July 6 2% 33% 106% preferred non-cum 35% July 12 47% Jan 107 Common 24 '/4 July 15 17 y4 Mar 24 27 31% Dec Jan 64% Jan *2 »/4 33 loo July 21 y4 Jan 141% 2% 34 J/4 144 ioo 43 22% July 30 141% *2 J/4 Southern— 26 Dec 59,400 33% 141% 2% 512% 100 preferred preferred 4.20% Kansas City 35% Jan 10 preferred cum 4.50% 9 22 Furnace— 34% 143 Kansas City Pr & Lt Co com_No par 3:80% preferred ioo 15 94% Jan & 145 % 33% 50 4 39% Jun 75 y4 Dec „33'%c (conv) Kalamazoo Stove 5 29 Corp— preferred 7 30 103% Aug 10 102, May 26 Chem ; cum 2% Feb Dec Jan & Common 99% Nov 41 Alum 8 5 July 18 18 17% 4 %' ' : 1,800 10,400 3,100 45 16 V8 Jan 4 20% Aug 17 197/8 Jan 3 23 Mar 17% 173/4 173/8 21% 22 22 '/b July 18 21% 213/4 87 21% 64% Jan 18 21% 22 19 Corp ;_No par Libbey-Owens-Ford Glass Co —10 21 8 76'% Nov 21% 39% Jan 85% 87 85 87 83% 84 3/8 84'A 85% 85 85% 10,300 83% Jan 4 133/a Dec 17 13 y4 Jan 3 23 Apr Libby McNeill & Libby 17% 18 17% 17% 17% 173/4 173/a 173/b 17 5/8 18 22,600 2 July Dec 14 67 y4 Jan 29 48 36% Mar 22 56 62% July 21 61% Mar 14 Life 70% May 7 45% Jan 22 Liggett & Myers 2 Savers 1, 7 II Corp Tobacco 5 57 164 23 157 Va Jan 13 Jun 17 55 % Apr 22 6 149% Jun 66 53'% Dec Apr" ~2 22 51% May 16 38J/4 Apr 30 48 % Jan 14 Mar 12 7 7% preferred Lily Tulip Link Belt 65% 152% Lionel Cup ! Corp Co 10 21 16% May 17 21 % Jan 4 49% Nov 23 43'/a Mar 15 65 Va July 22 Lion Oil Co 18% Jan 5 28% Nov 19 25 % Jan 25 37 July 22 79 15 98 July 22 Liquid Carbonic Corp com No par 3%%. convertible preferred 100 Jan 12 82 Oct 7 Jan 11 51% Dec 29 13 J/4 Jan 4 22 Dec 31 28% Jan 11 64 67 26 Apr 64% Feb 40% May 17 17 va 7 Jan 56 7 67% Jur. Nov 30 23 J/4 Jan 4 29'% Aug 108% Jan 4 116'% Aug lg 12 22'% Jan 4 34 J/4 Dec 21 28 y4 Mar 14 4 24»% Aug 26 21% Mar 15 23 Loew's Jan 32 Va 26% Mar 14 114% Feb 28 123 Va July 12 103 Star Cement Gas common Mar Common i\ July 2 103% Mar 8 107% Apr 5% 3 100% May 25 103 % Jan 4.25% series Oct 21 105 4.35% series 21 y4 July 13 26% May 18 2iy4 July 153 Va Feb Jun Mar 11 25% Jan July 15 140 15 July 15 147 May 25 40% Jan 48% Aug 25 45 % Jan 3 55 Va 59% Jan 88% Dec 20 77 '% Jan 6 88% Mar 27% Dec 28 7% (P) Dec 96% Jan 20 104 22%-Mar 14 100 Jan & 31 39% May 16 15% Nov 29 38% Mar 25 12% Mar 14 26% Jan 3 Apr 40% July 122 July 22 23 136% Dec 6 29 4%% 3 48% Jan 133 . Mar 28 Jan 29 26 y8 Mar 14 Dec 31 88 Va Mar 15 95 Jun 8% Dec 3 7% Jan 6 13 % Jun 5% May 9% Dec 31 8% Jan 6 12 V* Feb Dec 23 56% Jan 6 90 24% Oct 22 Jan 18 543 % Jan 4 16% Jan 499 July 3% Jan 6 64 4 4 23 7 546 Nov 17 4 6 Dec 21 6% Dec 31 6 Dec 8 28 31 4% Mar 10 22% Jan 6% 31% July 12 35% July 15 7% May 27 25% Jan 21 19% Jan 92 81% Mar 10 34 12 Feb 95 94 94 41% 43 44% 433/8 223% Trucks 4%% 16 Magic Magnavox Sugar Mandel 10 I 100 (Ky )iNo par Co IJan 4 8% July 20 11% Feb 17 Maracaibo Jan 4 30% Dec 29 28 Jan 6 35% Jun 21 ,1 ___r I 100 17% Dec 9 16 Jan 7 20 % Feb 18 Marine 55 May 23 59 88 Apr 29 66% Jan 11 24 ya Jan 12 34% Dec 22 31% Jan 7 Sep 16 92 Jan 11 July 19 May Oil 11 _] 99 Apr 25 44 4 %% Jan 4 4 33% Oct 22 23 % Feb 4 Martin 13% Feb 1 19% Dec 29 16 Ve Jun 24 20 Va Jan 3 Martin-Parry 16%'Jan 8 28% Dec 23 25% Jan 6 33 % Jun 7 Masonite Jan 4 25% Dec 23 23 % Mar 15 26% Feb 16 20 33% Mar 14 44% July 21 21 94 % May 3 99 Jan 10 May 16 99 Jan 12 18 Jan 4 37% Dec 91% Jun 3 99 Dec 92% Jan 5 98 Mar 11 22 89 11 1 23 25% Jan 4 35% July 12 Nov 12 52 Feb 16 56% Mar 31 23% Dec 30 20% May 16 7 20 Feb 4 55 15 Jan 7 18% July 88 Apr 28% Nov Jan 17%-Jan 47 83 94 83 Jan 18 25% Dec 30 23 Mar 14 44% Dec 31 44 Jan 40%' Jun 2 17 12 Jan 4 15% July 23 75 Jan 4 88J/2 Jun ' 6 14^8 Mar 14 24 82 Jan 20 Jun 9 57% Jan 17 47 Apr 24% Mar 4 31% July 15 45% Mar 16'/a Feb 91 58 July Apr 3 16 8 13 71% July 22 Master 100 13 Mclntyre 45% Apr 25 McKesson 18% Jan 4 25% Dec 30 22 July 12 29 % Feb 17 McLellan 19 21% Dec 27 15 Apr 1 4 57% Dec 31 52% Jan 18 86% Jan 4 Dec 27 101% Jan 31 57% Nov 22 64% Dec 31 60% Jan 21 27 y8 Feb 16 32% Dec 21 11% Jan 4 30% Oct 4 47 Jan 103 91 4 Oct 31 Jan 26% Jan 4 82 7 6 Jan 7 18 Jan 3 69 % Jun 29 106% Apr 77 Jun 18 28 35% July 22 .46 135 Jan Jan 25 25 & Corp 18 22% Dec 31 21% Jan 18 28% Jun 28 Mercantile 23% Dec 23 20% Jan 18 30% Apr 12 Merck 7 95 21 88% Mar 30 98 4 109 y4 Dec 95 Jan 7 107 Oct 26 Jan 4 49% Dec 21% Jan 13 28% Jan 28% Jan 4 22 108 Apr 12 7 56 % Jun 17 22% Jun 2 26% Feb 11 Jan 6 48 % Jun 8 22 Jun 9 25 100 Jun 30 23 43% Jan 4 417a Nov 24 39 92 Jan 5 27 96 104 Jun 14 108% May 19 104 92 Jan 15 102 89 Jan 6 104% Aug 18 2 22% Feb 103% Oct 112% Apr 102 Nov 12 see page 107 % July 18 1 102 Apr 26 4 101 Apr 18 94% Mar 104% Mar 15 36% Nov 23 For footnotes May 14 103 Va A or 24 93% Mar 29 29 99% Oct 109 Mar 28 Feb 32% Jan 26. 6 108% May 47 % Jun 9 16 1 17% 52 16% *101 & *104 105 54 conv 393/4 140 *136 163/4 16%; 4 *51% *142 ♦137 140 41 Va 5,400 41% 2,100 17 1,400 34% 92% 92 Va 92% 10% »105/8 34% *640 *55% 35 343/8 34- 34 % 34% 34% 4,700 93% 94% 92% 93 J/4 11 10% 10% 11 1.100 10 IO'/b 3,000 883/8 89% 6,500 ♦646 34 3,000 5% 7% 32 7 10 10 10 10 83% 843/4 85% 87 3/8 34% 33% ,• *640 690 *73/8 *73/8 7% 73/8 7% ♦31% 32 31% • 5% 6 Va 6 *7'A. 7'/8 32 32 32 *31% *640 675 *640 r-■ 6 33% 343/a 34 34% 675 5'/a 53/8 53/8 *10% . 10 84% 33% 690 8V8 8 3/4 87/8 8% 8% 31% 32 Va *31% 32 323/8 18 3/« 18% 18% 18% 18% 56% 58 58% 58% 58 58% 80% 79% 80 79 79 36 5/a 35% 36% 36 36 Va 96 94 94%' 94 94 233/4 253/4 *163/a 16% 8% 323/s 135% 10 *80 No par 36% *94% 1 Va \23Va 24% 16 >/4 16 Va ; No par 31% 31% 305/« 31% Co— 1 24% 24% 24% 24% 41 f ( common,. . 1 Co_ *95 *84% 96 86 34% 34% 55 55 213/4 21% *843/4 8% 18 J/2 6 "A 2,000 100 7% 200 32 9% 4.400 33% 6,200 18% 9,800 1,100 59 79% 79% 80 37 36 Vb *94 36% 37% ' 96 94 94 304 253/8 26 56,200 16'/a 16% 25 26 J/4 16% : 675 *58 '/a 59 L *78% 16 J/a , 900 6,100 2,200 8,000 30% 30% 30 30% 30% 30% 24% 243/a 24'/a 24 J/s 24% 1,800 403/a 413A 42% 44'A 43'/a 43% 12,700 95% 96 96% 96'/a 963/4 96% 96 *943/4 96 *95 96'/a *84% 86'/a *84% 86 34% 34% 55% 56 *55 »/4 56 600 22% 23 J/2 23 »/a 24 6,000 30%. 30'/a 30 J/4 30% 2,000 *95 ' *843/4 86 34Va 34% 34% 55% 213/4 33 18% 1,540 ,,*24% I 86 343/a *55 10 12,000 94% j* 10 3/4 11 100 52 140 30% 93 353% 140 30'/a 34Va 10% *51 % 140 30% 30 92: 17 17% 53 *51% *137 30 293/4 16% *55% 55% 22% 22% 21 3/4 . 34% 34% 260 " 1,600 30% 30 3 a 301/4 ♦30 *441/2 45% *44% 45 % *44% 45% 15% 15% 15% 15% 15% 15% 15% 15 J/a 153% 15'/a 90 90'/a 891/2 90 50 >/4 50 50% 10.000 70 70% 71'A 3,400 90 90 49% 493/4 30 301/4 91 483/a 90 90 49'/a *90 493/4 50% 49% I *45 45% *45 % 45 '/a 3,600 170 671/4 663/a 671/4 67% 68% 68 83 83 83 85 86 86 »/a 87 83% 841/4 87 5 42 42'/a 423/a 42 »/8 42'/a 3.900 41% 42% 41% 41% 423/a 18 1 22% 22 V2 22% 22 % 223/a 223/a 4.000 22% 22% 22% 22'/a 15% 15% *15% 15% *153/4 153/8 500 155/a 153/4 65 '/a 1,500 5 — Inc_rL_ Co— Co 25 J/4* *101'At £03 J/a 42 403/4 17 17 53 30 25% Inc 24% 24% 1Q3 Va * . 140 29% 31 16'/a Stores 24% *131% 40' 32% Co Publishing a 10 .u + 3% 16%c Inc common .^.^u-^-No par pfd_—~i No par Metropolitan Edison 3.90% preferred series preferred series 3.80% preferred series 4.45% preferred series Copper 6,000 *8% preferred.;.——No par Mergenthaler Linotype' Co—No par Merritt-Chapman & Scott 12.50 Mesta Machine Co 5 Miami 86 183/8 Co com Robbins 3.85% 1,700 85% 313/4 L 4.35% 160 55% 1 2nd $4.25 16,100 55 Va 86 3/a 85 , 24 a 24% »ioi%no3% 343% 100 „_ 2nd 85% :54% 8% $3.50 preferred $4 541/4 223/8 143 >/a 55 141 Va 141 1421/a 223/b 221/2 2^3/8 44 % j._6.25 5 59 erred Mfg Co common Co • 22,200' 102 105 « 52% *51% 35 *7% 25 4%% preferred (1st series) 100 Cum 2nd pfd 4.30% series 50 Melville Shoe Corp : 1 Mengel Co (The) common— 1 5% convertible 1st, preferred__50 Mead 28 Jan 30% **31% *.£ McQuay Norris Mfg Co 17% Jun July 21 *105 % 102 393/4 24 Stores 15% Feb 96 17% 5 Porcupine Mines_-_. 88 % Sep Oct 39s/8 823/4 50 common McGraw-Hill Jan Mar 14 700 '• 1053/4 1053/4 *104 85% No par Electric 40 22 ' 84% —No par :_No par McCall Corp „——No par McCord Corp common. 3 $2.50 preferred —* 50 McCrory Stores Corp common—50c 3%% convertible preferred 100 3 213/4 *101 *141- 243/a 823/4 1 pie L) preferred 24 22 *105% 't'AVa 103'/a 96 McGraw 213/s 2,200 36 105 ■ 24'/, *95 Co 35% 102 96 $3 353/8 1053/4 ; *101% 96 20 11% Feb 403/4 . 95% 76% Dec 27% Jan \ 40% 7 40% 43% Nov 91 24% Vi 103% 95% 63% Dec 4 /24% *101 40'A 4 May .. 5 Maytag 7,900 32 34 35% i 3,400 123% *101 85 No par $3.75 cum pfd 1947 senes„No par $3.40 cumulative pfd, No par 26 67 84 93/8 $3.75 preferred 37% Apr 4 84% 93/t Co Corp— Stores Dept 5,300 32% *120 • 40 May 62% 61% 32 'A 122 *104 141% 84 9:V4 Corp common Electric 54% Jan 33% Jan 141% No par —j. & Corp 38,700 *105% t 54 .52 -No par Exploration (Glenn 34,400 223/8 6134 32 122 353/4. 22 213/4 22 54 ♦136 No par preferred 16% .Jan 82 5 • Cement 97 21 s/8 54% 10 common 5 RR Field 21% 53 % 100 convertible Marshall 45% 95,700 10 Midland Marquette 2 37% Apr 98 22% 19,100 •*; . Marathon Corp 11 94% 44% ' 140% 140 , 2,500 110,500 37 - A No par 7 42 22 21% 50 * Shirt 12% Jan 6 213/4 105 CO 19 4% 22 102 (The) 10% Dec July J 4 353/4 21% = 18 J/s 65'/a 36 95V4 6IV4 . 121 35% . 1053/4 Bros Manhattan 11 353/, *101 _ Coal Manati 36% *104 Forbes Co Mahoning 4 36 32 313/e *120 173/a 62% 45% 22% 61 60 % : 32% 122 *105% Copper 14 62 315/8 *119 105 , 21 61 32% 122 23'/a 223% 105% 102 ' Co Inc conu Jun 62% 31% *119' 23% *104 Chef Magma 2,2% 42% *101 preferred series A Square Garden Madison 3 23% 62 10 Inc 10 Va May 18 71% Dec 22% *92 *1051/4 Working Co 34% Jan 25 94% 43% 42% 10 & Many (R H) 13 , Wood 8% A or May 16 96%- *94% , & Sons Inc— preferred Mack Mar 23 37% Apr 685 9 5 % Mar 36 Vs .1'% Nashville—_ MacAndrews 30% Dec 4 18 64'A 35%, Lukens Steel Co 3 19 6 17 59% 35% 17% 100 " M & M 139 17% 613/a *17 100 El (M) 53% Jan 19 17'/4. 35 10 preferred series A 17% July 12 Aug 23 12% May 10 20% Jan Dec 54 2 2,900 100 m 8 6,800 513/4 573/4 common Common 6 51% Jan 49% Dec 22 9 Co Gas & 102 % July 5 Nov 57'/a 51% preferred preferred Lowensteln 22 56% 51% preferred— D Louisville 8 57% 51 36% — E Louisville July 22 57 50'/a 57% preferred series B Lorillard 3 563/8 50% 35 100 rights Nov 102 56% 50% 54% * 360 56% 50 3/8 36V4 Long Bell Lumber (Md) A—No par Long Island Lighting Co com..—_10 105 106% Mar 9 99% Jun 137 Co -22,400 55% 17% preferred-. conv 1,100 ■ 69% 50% 58% Corp Star 4%% 61 153 55% 35% 1 Lone 153 153 17 _No par : — Lone July 104 Mar 16 98% July ! 68% 68% 169% 153 153 56 Aircraft Corp Inc 61 62% 60 69% 673/4 153 2.50 5 July 58 »/4 581/4 66%: 153 No par 22 37% July 17 Lockheed 5 • 23% July Mar 14 (The) 58% 66 1523/4 50% 19 J/a Dec Corp *57 65% 153 3,600 55 5 : 30 »/a Jan 25 57% 25 100 com " 142% Jun % : pfd—100 100 100 100 100 5 67 *15% 153/8 • 65 65 »/4 ♦1C2 103% *71 3434 *32 % *94 77 35% 34 105 27% 273/s 22% 23% 92 93 ■109 *1023/4 52>/4 23% 473'., *99 *106% *96 V2 102 35 *32'A 26 3/4 223/4 *93 - 75% *70 *94 103% 103 103% 24 47% 100 108% 98 233/8 47% 100 *1063/4 98 52% 24 473/4 100 108% 98 343/4 223/4 26 3/4 23 .. *108 22 5 8 95 95 *108 1093/4 22% 23'/a *93'/a 96 * 51% *51% 23% 2334 23% 23% 47% 233/4 47% 47% 100 101 *1063/4 108% *96% 98% *>« *106% 97% *96 97% *96 97% *96 *107 109V2 *107 109 Va ♦107 44% 46 45 Vs 23 35.600 96 2,000 103'/a 52'/a 47% "47% 100 3,000 109% 103 % ' 27 108 523/a *99% 34% 5.000 105 ♦103 / 103% 97% 45% 263/8 27 % 52% 109% 445/8 *95 103% *96 45 STJ 34% 109% 35% 100 73 35'A 35 % 100 103 73 103% *107 44% *101% 105 *95 26% 65'/a 103 74 *32 5/4 33 *93 64 64 *10134 *71 105 26% , , 35'/8 35 23 109 " 75»/4 33 27 95 *70% ♦95 33 >/a 105 109 52V4 64 103 «■ 35i/4 , 109% 52% 63% *1013/4 64% 643/4 102 2,600 52% 24 48 400 180 900 22.500 1.800 1.540 101 100% 100 V2 10934 106 »/a 106% 40 6,000 " 98 *98 99 J/a 98'/a *96 98% *107 110 46% * 45 % 110 46 »/a 10,900 21 The Commercial and 22 Financial Chronicle ... (330) NEW YORK STOCK Range for Previous lear 1954 32% July 40 Va Oct 26 Yt Jan 30 Range since Jan. 1 Lowest Highest Lowest Feb 30 % Jan 9 15 29% Sep 3 37% Jan 6 Dec 2 I 137 133 NEW I Highest 359# Mar 25 50 Apr 21% Jan 20% Jun 21 8% Jan 4 Dec 21 21 •>9 29 41% July 13 21% Juiy 18 29 la'/s Jaii 53 110 55% Jah 102 26 May 5 9% Jan 4 14% Dec 31 12 85% Dec 20 19% May 26 24 'A Dec July 19 8 116 Jun 6 115 Jun Apr 12% Jan Feb~15 20 7 22% Jan 27 3.30% Minn 93'A May 85.50 1st $1.50 2nd 18 20 27 Co Minnesota & Minnesota Power 5 31 34% May 16 44% Feb 10 22 % Jan 17 33% July 5 28% Jun 20 31 % Jun 7 Mississippi 4 8% Jan 8 Jan 6 100% Jun 7 30 71% Jan 17 114% Jun 7 26% Oct 20 23% Mar 17 29% July 15% Jan 0 18% Feb 23 19% May 12 98 Jan 18 24% Jan 7 Mar 31 16% Jan 5 79% Mar 29 76 8 17% Aug 27 27% Aug 10 106% Dec 0 Jan / 25% 0 32% Feb Montana 40% Jun 38% Jan 3 28 85% Jan 12 Oil Co Montgomery Ward & Co 18% Dec 20 18% Jan 3 21 % Apr 25 Moore-M'cCormack 20 16% Mar 14 22% July 18 17 44% Mar 14 60% Jun Apr 28 19 Yt Jan 4 Motorola Co 4 45% Dec 74% Mar 29 125% Dec Feb 31 Jan 0 38% Mar 22 61 Jan 4 74% July 2 41 Feb 21 47 2 114% Jan 18 126 Jan (The) 66'A 66% 66% 66 66% 3.200 *25% 2 25% 25% 25% 25% 26 26 26'A 26 41% 39%' 40'A 40 40% 40 40'A 39% 40% 5.100 30 29% 30% 30% 30% 11.600 29 29 29% 29 y8 29'A 4,500 30 30% 29% 30 % 29 Ya 28% 29 28% 28% 28% 18'A 18% 17 18% 18% 18% 19,300 83% 84'A 83% 84% 15.300 106% 107% 107% 108'A 107% 107% 17% 82 V» 84 3 8 83% 85 103% 105% 5.303 106 16% 17% 104'A 26% 64 6.300 28% 28 28 27% 28% 28% 28'A 28% 28% 1.700 16% 16'A 16% 16% 16% 16% 16 16 Ya 16% 16% 2.200 21% 22 % 21% 22 21% 21% 21% 21% 21 21% 2.400 133% 135 139 133 Va 134'A 135% 7.9C0 46 46% 44% 45 44% 44% 44% 46% 45'A 45% 14,500 28 28% 27% 28 V# 27% 28% 28% 30'A 29% 30% 18,000 137 *39% No par 136% 134 138% 33% 32'/8 32% >80% 81% 20 Va 21% 20% 22% 21% 22 54% 51% 52% 39% 40 33% 81% 40 39% 40 1 33% 33% 32% 80% 81% 80% 12 20% 20% No par 22 52 Lines . 40 vn 32 ri% 20% 20'A 21% 22 21 52 Va 52% 52 39% 32% pna/4 — 39% 5,000 33 81 81% 21 20% 21 8.500 21% 21% 21% 7,900 52% »A 32% 52'A 53 6.800 ,. 8.2C0 22,600 23 3 a 23% 25 30% 30% 30% 31'A *31 31% 1,7CQ 34% 34 »A 34% 35 35 2,300 Mfg Corp 1 21% 21% 21% 21% 21% 21% 21% 21% 21% 21% 6.7G0 5 19% 20 19% 21 20% 19% 20% 19% 20% 15,900 1 42% 43% 42 YB 43 Ya 43 '43'A *43 43% 43 »A 43% 6,500 35% 35 35 Ya 35 35% 35 35'A 35 35'A 2.800 72 70 70 71% *68 Brass _ L Murray Corp of America 4% 190 40% . _No par Murphy Co (G C) 5 Mar 65% 28% Corp Munsingwear Inc 4 28 - 66% 23% 22% July 20 37 65 34% 9 Dec 5 67% 16,800 30V-2 17% Jun 61 800 67% 21% 3,4% Mullins 4 29% 89 30% 8 42'A Jan 29% 21% *88 34 Va 25% Jan 47 29% 23% 8 41% Mar 21 89 29% 34% 20% July 2 21% 88% 29% 34% Mueller 15 21 % 88'A 29% 1 8 18% Sep 22 % 88'A 29% Co 42% Mar 31% Dec 21% 90 30% 7 47% Feb 22% 23% 33% Jan 7 108% 105 30% 38% Dec 11 107 *104% 5 Wheel 29 113 109 105 10 Products 18% Jan 113% 107 Corp Motor Motor 13% Jan 113% *104'/a 105 22 Inc 25% July 22 27 114 107% *104% 105 5 & Co 33% Apr 28% Mar 24 1,290 111% 106% 111% 109% 3 (John) 27% Mar 14 393A Jun Jan Power 20 28 113'A 110 107 *104% 105 29% Monterey 23% Aug 2 28% Dec 31 May 17 2,500 11,000 89 new_10 22 34 % Mar 14 1 17% 60 7A 24% 5 73% Apr 23 17% GO'A 32% Co 28% May 18 16'A Jun 3.700 17% 60 3A 2 Chemical 3 23 23 17 60'A 90 7A issued" 31 21 Vb Mar 23 17 60% 31% Montana-Dakota Utilities Co Morroll 22% 17 59% *89 5 15 7 22% 250 No par Dec 18% Dec 16,700 17 22% 1 No par Tool 80% Aug 23 53% Nov 38 Ya 20 49% Jun 4 38 60 112 Co Corp 39 11% Mar 24 39'A 16% 110% Co 31 Va Feb 30'A Jan 1.000 38% 58% 112 1 56 12 Vb Jan 30% 17% 109% Mills Machine "When 30'A 61% *104% Inc Monsanto 6 30 Ye 1.25 Carpet Monarch 30 >/a 145 17% 17'A Co 144'A 60 183% Mohawk 5,GC0 47% 144'A 22% 22% 22% 21% 21% 8.300 48'A 47% 143% 143 25 Light 31 Y» Jan Jan 21% 33% 33 38% 36% com__No par Mojud 6 52% July 23% Jan Sep~14 37% 7% preferred series A 100 {Missouri Pac RR 5% conv pfd_10Q 6 156 % July 44% July 19 19 & River Fuel Missouri-Kan-Tex RR 20% July 14 6 Sep 79% Sep 81% Dec 5 19% May 13 10 5 15 4 36% common Paper Mission Corp Mission Development Mar 17 38% 100 Ontario 38% Dec Jan 37 1 Shares July 22 33% 45 the Week 30 % 142 142 *140% Friday July 21 33 44 Va 30 '/a 100 preferred conv 24% Aug 4% Jan 30% No par preferred 23% Nov 61 30% No par common 4 40 30% 45 142% No par Mlg Minneapolis Moline 4 July 14 73% July 1 33 May 30% No par preferred 15% July 19 27% Jan 44% 142% 10 pieferred &c 44V2 44 % 44% 5 Sales for Thursday 33% 33% 33% 32% 33 PRICES July 20 100 common Corp conv Min $4 25% July 14 6 Jan 82 Prod Mintieap & St Louis Ry„ Minn St Paul & S S Marie 13 23% Jan OH July 18 SALE Wednesday July l'J 32% 10 Mirmeapoiis-Honeywell Reg com_1.50 15 107 51% Jan 21 1 13 19 Steel Inc Minerals & Chem Corp of Amer 20 Jun Jail 60 22 71 % Jan 2o% Mar 19% Apr Utilities HIGH AND Tuesday Par 1st preferred Miuwest 16 jun 70 o May 12 8% July 21 103% Jan Dee i/0 106% Nov 144 % Morday EXCHANGE South Miaiand 23 Jan 25% Jan xJ 16% Dec 26 Middle 7 33% Jun 126 Vu Jan LOW STOCK YORK RECORD EXCHANGE STOCK STOCKS Monday, July 25, 35% 10 com preferred *70 50 Myers (F E) & Bros 23 23 Vb *69 - 43% *43 *43 45 43 43 *124 No par : 22 Ya 125 123 124 24% 72 *68 43 'A *43 25% 6,300 100 70 43% 43% 300 N 30 Jan 12% May 17 Apr 11 Nashville 8 51 Not 23 47 6 623A Mar 10 7 27 Dec 29 20'A Mar 14 ,27% July 22 19% Apr 20 Chatt & St National National 13% May 11 Acme Louis Co 1 Automotive 33% May 16 45 Mar 3 National Aviation 36'A Jan 4 45% Dec 8 40'/a May 16 45% Mar 1 National Biscuit Co 172% Jan 4 183% Dec 21 8 17% Dec 28 11 Jan 175% Feb 4 183 Feo 21% Jan 6 28 National Can 47 11 37 2 17% Jan 12'A May 20 Jun 10 National Cash National City National 15% Apr 10% Jan 21 25% Dec 30 4 16% Dec 31 14% Mar 14 26% May 10 23Ya July 5 19% Jan 5 28% Dec 31 253A Mar 14 40 17% Feb 18 22 35% Oct 25 12% Jan 4 16% May 87% Jan 41% Aug 17 19% Dec 30 24 Vb Dec 21 20 May 12 9 8 7A Dec 2 S3 Mar 21 100% Jun 20% Jan 49% Nov 17 45% Mar 14 553A Jan 1053A Nov 8 63% Dec 29 93% Jan 38 Jan 172 Jan 182 8% Feb Oct 46 Dec 158 141% Jan 19 Dec Jan 102% Jan 156 Jan Feb ?3 273A Dec 31 23 % Jan 31 66 21 Mai Sugar Ref 6 38 3A Jan 6 46% Feb 21 1 4'A Jan 4 4 14 8 1 5 6 4 " 9 Apr 11 Ya Jan 8 8%'July 26 6Ya July 6 12 20 99 Nov 17 33'A May 12 10 4 903/4 Mar 16 15Ya Apr 12 17% July 5 105% Jun 373A Mar 96% Jun 8 2 16% Jan 7 18 100% Dec 22 93 5 101 40% Jan 14 73% Dec 31 69Ya Jan 18 92'A Apr 1 May 11 18'A Dec 13 16'A Feb 1 .20% Feb 17 67% Jan 5 78 New Jersey Oct 18 49'A Nov 30 413A Jan 7 783A Mar 30 27% Dec 10 23 Vb Jan 7 29 18% Jan 11 34% Dec 29 31% Jan' 5 49 Ys 32 V4 Apr July 22 21 54% Dec 28 48 iR 56'A 15'A Mar 9 313A Dec Apr J 9 16 95 Oct 13 24'A July 20 80% Mas 16 103 97 Oct 12 90 Jui) 28 400 Jan 85'A Jan 348 Apr 20 14 6 515 MarlO Jun 15 22 Mar 23 34 Ya Defc 28 303A Feb 7 51 Apr 67% Sep 8 25 vb Aug 12 60% Jan 17 21V2Jun 2 14% Apr 353A Apr 7 2 28 79% July 22 Mar 33% Feb 4 Newmont Newport New York Dock 102 % Jun 30 $5 500 Jan 10 N 39 Jun 22 N Y 713A Apr 253A Apr 18 18 Aug 20 39 Mar 30 43 Yt 7 97% Oct New 8 9" .Inn 30 5 87 % Dec 347A July 19 2d 93% Sep 29 b<sV2 ouiy 7 87% Mar 11 Jan 5 14 Jan bb Haven York 5% & 17% Jan 6 36 3A Nov 30 39% Jan 4 51 Ya Dec 23 48 % Jan 6 24% Jan 14 26 Ya Apr 19 20 25% Apr 11 Jan 26% Feb 12 52% Dec Adjustment 8% Jan 4 29 16% Aug 18 47>A May 17 63% Feb North American 13% Jan 19 V8 Northeast 13 101% Jan Mar 14 7 103% Apr 203A Jun 27% Mar 24 38 Y» Jun 81 Jun 8 89 111 53'A July 2 13% Jan 4 85 Jan 4 99 Jan 12 100% July 101 Oct 7 18 26% Nov 26 Mar 23 45 3A Sep Feb '73 % Dec 23 58 Ya July Norfolk 95 • 104 87% Jan 2 Dec 100% Feb 15 28 11 19% Dec 14% Jan 11 100% Feb 2 9 10 233/» July 19 16% Jan e .29% Dec 19'A Mar 19 99 % Mar 23 29 29 38% Nov 20 26 Jan 18 31% Feb 1 17% Mar 3 Northern Central Ry Co __ preferred 103 $4.08 preferred series 4 2 39% Jun 7 182 Yt *152 152 Ya 152 Ya 560 152 Ya 11 Ya 12 llYt 12 12 30 Ya 29% 30 Ya 30 Yt 20 12 28 Ya 30 Ya 18 Yt 18 18 Yt 18 Ya 18 Ya 7,400 66 Yt 67 Ya 67 Ya 68 Ya 68 Ya 69Ya 68 Yt 69% 16,500 37 Yt *37% 38 37% 38 Yt 38 Yt 39 41% 42 Ya 41% 42 42 42 Yt 42'/a 42 Ya *99Va 100 100 18 18 Va 18 Ya 800 10,900 *36Yt 100 700 4.400 100'A *99% *100 101 Yt 48 48 Yt 48 Va 43 Ya 48 Yt 48 7 a 49 50% 5,800 IOYb 10% 11 lOYa 11 lOYa 107/a 11,800 13YB 13% 13% 14 13Ya 137/a 14.300 20 7 Va 7Va 7 Ya TVs 7Yt 4,200 14 Ya 143/a 14% 143/a 14'A 14 Ya 14 Ya 1,600 163A 16 Ya I6V2 163A 16% 16% 16% 7 ' >105 34 YB 94 107 *105 107 34 Ya 34'A 34 Ya 95 Ya *94 94 y2 17 17 Yt 95 95 85 Vt 86 87 87% 17% 17% 17% 17% 87 Y2 17Ya 79 Ya *105 34 107 Ya 95 *105 34'/a 34 Yt 95% 17 Ya *94 *94 17 Ya 17 Yt 800 107 34% 1,100 95 Ya 12c 17% 13.100 96 *94 88 89 Yt *88% 89 Ya 2,400 17 Yi 17% 17 Ya 18 Yt 4.200 7.9 Ya 79 Ya *78 96 30 79 Ya 20 56 Yt 56 Yt 57 Y. 56 Yt 57% 9,300 25Ya 25 Yt 25 Ya 25 Ya 25 3A 25 Yt 26 3A 4,500 473A 45 3A 47 Ya 45 Yt 46 Yt .47 Ya 49% 73,200 53 Yt 52 Ya 53 V2 52 Ya 53 52 Ya 53 Ya 52 Yt 53% 16,800 25 % 25 y2 24 Ya 25 Ya 24 Yt 25 Ya 25 Yt 25 Yt 2.400 87'A 87 V2 *86 Ya 88 Ya 88% 88 Ya 88 % 30 *100% 102 Y2 *100 Ya 102 Ya *100Ya 102 Ya *100Ya 102 Ya 20 485 *450 500 *450 500 *78 '430 *78 79% 485 485 .. 47 *87 47 Ya ' 20 36 >/« 36% 36% 36 Ya 36 Yt 37 35 3A 36% 2.8C0 67Yt 66% 66y„ 66 Va 66 Yt 66 Ya 66 Yt 67 67 1.800 24 23% 23 Ya 23 23 Ya 23 Ya 233/t 23 Yt 23 Yt 2,200 42% 42 Ya 42 Va 42% 42 Ya 43 Yt 43 Ya 43 Yt 95 Ya 95 95 *95 95 Ya 34 Ya 34 Yt 34 Ya -34% 34 Ya 84 84 84 *84Ya 85 Ya *95 34'/a 343A 84 *82Y2 883A *88 96% 96 Ya '101Y2 20 25 Ya 18% *88 41% 109Yt 77% 78 vb 16Yt 16Ya 41Ya 109 3A 75% 76 3A 89 42Ya 75 Ya 16Yt 16Ya 16% • Northwest *101% 102 Yt *101 Ya 100 *100Yt 101 Ya *100Yt 101 Ya *1013A 102 Airlines Inc common July 19 Ohio 24 Ya 34 Yt 34 Yt 40 40Va 23 lo 25 52 Ya 89 Yt Yt 24 1 Norwich Pharmacal Co *89Ya 102 Vb 100 __ preferred July 12 90 Ya 89 100 • 41 90 100 1 2.50 23 Ya Yt 102 23 Yt 22 Ya *34 40 Ya 102 25 Ya 102 *100Yt , 102 24% *88 400 97 250 280 19 Yt 20 * 34 34 1.2C0 57% 57% 6,800 25Yt 253A 400 57 58% 37.200 18% 2.700 *18 Yt 89 42 Yt 109 88 43 3A 43 Yt 110 '110 500 88 10 43 Yt 15,400 110 78 Yt 78 79 Va 78 Yt 79% l6Ya 16 Yt 16% 163A 167/a ■ - 130 20.100 9.300 90 Yt 90Yt 91 91 110 102 101% 101 Yt 102 102 230 101 Ya 101 Ya 101% 102 102 102 90 Yt 25Ya 25Ya 22 Ya 22 Ya 22 Ya 34 Ya 34 34 34 40 3t 40Ya 40Ya 40 Yt 51 Yt 23 91 102 18Yt 110 100 97 58 Ya 18Ya 85% *88 Ya 25 Ya 57 Ya I8Y2 41 Yt *109 '108 Yt 25 Ya 57 Ya *88 89 Ya 41 89 Y2 109% - *25 32.600 102 57 Yt 25% 18 Ya 54 »/8 19 34 57% 20 34 Ya ' 20 33 Yt 57 Ya 56 Yt 18 Vb 57Yt 18Ya 20 34 *25 Yt 56 Ya 20 Ya 57 Va 5.600 95 Ya 34 Ya *84 Ya 97 102 *33% 57 3A *95 , 89 Ya 96 Yt *101% 20 Ya 34 89 Ya 97 102 96 Ya 102 57% 25Y2 89% *88 Ya 96 Ya 33% 553A *68 41 89 Ya 102 20 25 100 $4.11 preferred series Northrop Aircraft Inc 4.6% *152 183 12 Ya 58 Yt 10 series 25Ya Jun 74 3A 182 Ya 28 Yt 57% x25% 50 series preferred 10 75 Yt 182 Yt 152% 152 Ya 74 Ya 182 Ya 75% 182 Ya * $4.10 20 11,800 76 Yt 182 Vt 17 Ya *101% 102 *20 20Yt 34 Yt 34 Yb __ $3.60 103 % Apr 39 Y4 Jan : 25 Pacific Ry_ __No par Northern States Pwr Co (Minn)— Common _5 92V2 May 9 103% May 11 Jan 180 75 Yt 76 - 25 Yt *82% 883A 96 Ya Northern 27 34% Dec 7% Jan Corp 28 6 103 Ya 1 Aviation Capital Northern Natural Gas Co„: 5V2% preferred 18 103 Ya 1 Ry common preferred 14 Jan 104 Ya 12YB 95Y2 Western 20 Mar 25 103% Apr 103% Dec & 46Ya Apr 16 *103% 28 Yt 42 Yt 5 111% Apr 83% Jun 64% Jan 104 Ya 54 Ya 33Yb 2 3 29 10,400 *103 y2 105 55 par 100 27 16% Aug 25 53 Ya 95 Ya 42 preferred 85% Jan 4 52 3A 17 *450 485 36Yt 36Y2 100 39Ya Jun 91'A May 53 Yt *94 *95 preferred 108% July 14 29 52 3A 152 42Y8 100Yt 48Ya 100 . Niagara Share Corp__ Nopco Chemica Co July 12 52 Yt 523A 100 19 25 38 Apr 6 107% Mar 31 xi___ preferred Nov 104% Oct 6 1,300 52% 52% *23Yt 3.60% 7 25 4.10% 58,400 52 Ya 47 100 Jan 18%JUn 1,193,700 993/B 25 </8 1 Corp. preferred 3.90% 23 Ya 23 Ya 99 Ya 75% 79Y2 663A 3.40% 9 23 Yt 22 Yt 99 Yi 18lYt 76 No par $3.75 preferred Jun 93% Jan 23 Ya 23 Ya 22 *25Ya 26 *86 87Y2 101Y2 101Y2 Co_100 Niagara Mhk Pwr Corp com.No 92 100 Ya 22 Ya *99 Yt V Electric & Gas Corp— 100 102 22 3A 99 Ya 563A 100 Shipbuilding 5,600 25Y2 10 A 11,600 22 Ya 95Y2 533A 1 50 Hartford series 9.400 42% 22 Ya 17 Yt *78 100 Co 21 Yt 41 Yt 99% I6Y4 No par Common 1 May 10 92% May RR 21 Ya 42 Yt 22 Yt 163A No par common preferred Harlem Preferred July 22 91% Mar 32 3A July 30 86 non-cum 21 Ya 41%, 5,200 31,400 22 3A *16Y2 —20 29 37 Yt '25 22 Yt 14% No par Jun 21 Ya 37 24 1 99 Yt 22 YB 7 Yt 5 Central 21% 37 Ya 99 Yt 13 Yt 85 3A 17 Y2 23 Ya 213A 20% t 42 Yt 7 Va 1 City Omnibus Corp New 203/a 12% 10 common Chicago & St Louis Co Y 20% 41 Ya 7 Y2 14Ye pfd_100 Corp York 4 25 York Y 203/a 42 Yt 11 17 *94 23 Ya 20Ys 22 95 Y2 New York Air Brake N 20% 41% 4.900 11,500 l35% 21 35 34 95 Y2 Pr & Lt Co 4% Mining 23 Ya 20 YB 100 120 12Yt 41 35 Ya 34% Industries 12 Ya 40 Ya 23 Vb 23 Yt 12 Yt 1 12 3A 41 Ya 21Yt 34Y» : 12% 41 36 Yt common__No par (J J) 4.000 15.700 181 12% 35% 107 181 41% 20% 7 Ya 14% *105 181 41% 12 Ye 22 xl03A 12 Ya 100 New Jun 82'A Jan common 181 36 Yt Ya *40% 12 3A 42 23 YB 182 *181 IOYB 1 24 27% Jan 91 Inc 18 Ya 182 1 Co 4%% preferred Newport News Ship & Dry Dock New 48 1 — Fibre England Electric System N Y State 44 100 V* 5 preferred New 4 .Inn 33A% 4 2 4 Mar 15 Newberry Co Mar 18 Y» Jan 63 5 preferred Feb 25% Jan 75 Inc No par Bros 43A% 27 Dec 11 12 42% Corp Nelsner 8 Feb July Nehi 41 1 Vulcanized National 15% Jan July 22 10 Natomas Co 31 39 Pa com ; Theatres 19 16 Ya Dec Feb 10 No par Co common National 18 19 36 41 Ya 12% 182% 153Y2 12 29'A 18Ya lSYs 663A 67Y2 37 37 No par Co Co Tea National Tea 14Ye Feb Jan 105 National 2 50'A July 22 12% Jun 9 18% 36 Ya 41. ' 41% 123A 42% 23Y2 12 28Ya Cast-No par Corp (The) 18% 36 181 181Y2 *152 1 Corp National Supply 103A Apr 13 25 103% May 15 Shares 7 18 Feb 723A Apr 3 14 'A Dec 106 Steel Steel 43 3A Dec 97% Feb & National 42 373A Jan Malleable 75 Va 100 Corp 17,400 18 Ya 36 41 Ya 103% 100 Service National 4 8 Natl Linen National 25 33% Jan 15 preferred B 4 Jan 6 30 preferred A 6% National 18 Yt 18Yt 35 Yb 105 *104 5 common 26 31 58 Co % Mar 25 Dec Dec Jan 30 % July 21 34'A Dec Nov * 1 ; Lead 12Ys 41 Yt 23 V4 21 Y» 38 ^ 20 Ya 42 Vb 22Ya 22 No par 7% 4 14 10'A Sep 11 Ya Apr 94 National July 22 9 41 13% Jan 183 21 Mar 103 86 20 0 11 Vb Jun 147 4 Jan Jun 84 $4.50 preferred 0 4 31 % Mar Apr common 700 18,500 40Yt 19 190 59 Yt 27Ya 35 Yt 51% I 5 1951 National Gypsum Co 14 17 105 105 54'A Jan 25 177 Va Apr 6'A Feb Jan 5 pfd series of 124 59 Yt 27 Ye 41'A 18 Ya 53 National Department Stores 5 National Distillers Prod common—5 __1 Dairy Products 124 60 27 Vb » 26 Ya 35 YB 52 Y4 28% May 23 Ya Jan *59 40 3A 36 41% 181 1 10 4Yt% 27 Yt 88V1 16'A Jan Co 123 122% 59 Ya 26 Yt 37 20% 42 A 235/8 22Ya 993A 25 Cylinder Gas 59 Vt 26 Ya 100 preferred National 28 »A Jan S% Nov 1 National 3 Dec 11 'A Jan 1 common Jan 16'A Apr 90 Inc Co 43% Jun May 13% Dec 4 181 5 18 19 15 Jan 41Ya lo - Register Lines conv 353/4 10 100 Corp 59 Ya 25 Yt , 5 preferred A— $1.25 29 26% Jan 24% Jan 24 ^.1 37% Jan 10 10 July Inc common Container Feb 1% Fibres Corp 123 122 Ya 59% 59% 59% 26% 27 Ya lS'A^'lS 1 Airlines 4 19% Aug 26 47% Nov 24 National 20% Jan 15 3A Mar 23 100 ! *100% 101 Yt 23 Yt 34 40 Yt ' 101 Yt 90 25% 26% 101 Ya 26% 26.300 227/a *34 40 Yt 23 Yt 50 8.200 34 Yt 1.100 40 Yt 2,000 51% 4.200 O 38% Jan 44Ya Aug 10 102% Jan lbtf'/a 9 106% Jan 110'A Jan 104% Jun 108% Aug 30 26% Jan 4 18 v* Jan 20 101 % Nov 9 21% Jun 9 For 43% Jan Ji 100% Dec 92% Jan XXcv, 33% Dec 20 footnotes see 6 17 20 107% May 23 106% Mar 11 34 May 16 31% Jan 28 18% Jan 100 20 26. Jan 19 22% Feb 21 page iKtar 95% Jan 27 20% Aug 2 102% Nov 24 24% Dec 105% 1 Edison Co common.. 110 Vt Apr 100 % Apr 14 4.40% 22 3.90% 109 Jan 14 4.56% 12 4.44% preferred 39 J"n 20 Ohio O l 38% July 18 Oklahoma 19 Ya May 17 103% May 13 25 Ya Apr 25 Oklahoma 4% _ _ Co Gas _ 52 Ya 51 108 Yt 108 Yt 108 99 Yt 99 Yt *98Yt 99 Ya 100 _ 51% 108 Ya 100 preferred 108% Jan 12 51% 100 preferred preferred 108 Ya *107Ya 108 Ya -100 *108 Vt 109 No par & Elec preferred Preferred 4.24% Natural Co com—10 20 series 100 Gas 7.50 *108 108 Yt 99 Yt 51 Ys 108 51% 108 108 51 Yt 108 99 Va 98 S8Y2 *97Ya 108 Ya 108 Ya 108 Ya *108 108 Ya *108 108Yt *108 % 109 *108 Yt 109 *108Yt 108 Ya 99 108 Ya 103' 340 130 230 10 Va 35 Ya 35 35Ya 34 Ya 35 34 Ya 35% 35 35% 23.300 38% 38 Ya 38Ya 38 Ya "8 38 37 Ya 38 38 Yt 38 Yt 3.700 19 Ya *19% 35 1 52 19 Va *101 Yt 23% 102 23 Yt 102 23 Ya 200 " 19% *19 Ya 19 Ya 19% 19% *19 Ya 19% 102 Yt 102 Ya 102% 102% 102% *102 Yt O to £ 90 23 Ya 23 Yt 23 Ya 23 Vt 23% 23 Ya 23% 9.200 1955 «Hr ii STOCKS - NEW Range since Jan. 1 Highest 38 Feb 16 60% Dec 104 Jan 5 £>% Jan 4 Lowest 73 127% Dec 15 4 44% Jan 83 - 23 Apr 29 Jan Jan 6 135 30 94% Jan 10 8 •1% Jan 18 99 * u ■ - Dec "31% Jan 31 Dec '^i »Sr ,'t * 23 -ll .Jan 14 16 % Jan 4 99 3 98 Jun4 . 7 • 46% May 17 101 17 . May 24 ■: Wednesday Thursday July go the Week Friday Shares July tl July % " "• Mathieson Chemical Corp— Outlet Co No par „.. Overland. Corp 131% May 10 Marl* 34 July 18 71% Juiy 20 C7%Jaa 17 9*% Jan 6 77%Jaa 12 : •10*% Die.-31- 8 ^ 7 Sales for PRICES SALE HIGH AND Tuesday July 1!) July 18 5 60 61% Conv preference 1951 series—100 " 126 128 Oliver Corp common » __1 17% 18% 4%% convertible preferred—,100 ,109% 110 Otis Elevator ; :—No par -70'% 70% Outboard Marine & Mfr^_____83V3C . 41% 42% 45 Va Apr 6 Jan 16 ' July llo Monday " Par . Common 8 18% July 18 -89% Apr 29 16%Jan .476 ll-t 64% July 26 -13% Jan 31 35% anov.-5 - <-13% Mar 11 50. 114 3 Dec 97% Dec 11 July 40% Mar 14 69% Dec Jan 23' 3 LOW STOCK YORK EXCHANGE Highest Olln - y • EXCHANGE STOCK RECORD YORK STOCK NEW Year 1954 is (331) Range for Preriooa Lowest <,► % Commercial and Financial Chronicle Number 5449...The Volume 182 t (The)1 Owens-Corning Fiberglas Corp_a.-_5 - Owens-Illinois Glass C.O— 12.59 Oxford Paper Co common. __15 • 65 preferred l a —No-par 90% 90% 1.6,: 83 • 16 85 . , •„ ..126%. 130 41% 41 Va 99 90 . _. .. ; > 58% 60% 125% 126% 17% 18% '"109% 111 70 70% 41% 42% *89% 91 16 ; 16 81%, 82 126 128'% . 40% 41% *98% 99 17% * * * . 132 • - 3,809 • ... " 40,709 17% 17% 250 109%' 109% 70 70% % - 41 " ' . " " 30 90% *io 91 lo% * ' 400 " * 84* ~ 83 * 127 129 v 39% 40% 98 ;* 99 I 4,000 3,300 41 *89% w 16% 84 " <89% *16 ,, 35,200 62 ►130 18 10j% 109% 70% 71% 41%* 41% , . . 61% 60% 61% 129% 130 59% 60 125% 126 17% 18% 109'A 109% 70% 71 % 41% 41% *89% 91 *16 16% :% 82 83 ,126 130%' ; 40,% 40% . ,.*98% 98% * 2,7(10 85% * ' 126' .'. 127% 40%: 6,800 " 4i ' ; " ' 99 l, 99 2,809 ' " ■ - 43Q ' J- ,14% Jan 20 26% Dec 22 97 lfar 14 aa • Products Pabco 30% July 41 • Inc i Jan 7% Jan 7 Dec com.' No par 12 11 8 12% Mar lO Pacific Amer 22% May 19 Pacific Coast Co 03 21 Apr 22 10% Feb Sep 22 May 101 4% 3 cum 5% preferred" 21% May 13 i £6% Jan 40 4 Nov 139%. Jan 4 33% Feb 15 12 46 114% Jan 13 140 137% Jan 4 44% Jun 29 Pacific Finance 44% Mar 15 52% JulyT2 Pacific Gas 41% Mar 1 Pacific Lighting Corp" 43 y. Jan 4- Pacific Mills 37%Atn JUly 12 > 25% Jun 37% Jan 17 - 38% July 14 Jan (23 '> 26 48% Dec 31 154% Nov 9 4% May 18 9% Dec 31 26% July 20 45% Dec 14 . 6 12«% Jan Aug 24 147 7 142% Mar 10 " 12 ■ 52 ' May 16 Pacific July 14 1_25~ 3 *•6% Jan 5 3 __10 ^ *10% * 100 29% 21 * *20% • 20% ► Va" 21 11 A 10% 41 ' *24 Va 25 41% "42% < *41% 50% 1 50% <■' 51%"". 40% 40% 25 ' Ncrpar * No par "51 1 40% •40% 40% 40%: *- *42Va " 42 % 41% 41% 147 *•' 146% 147 149% 149% " c0mmon_100 147 : _100 Consolidated Corp—_1 77/8 Pacific Western Oil Corp common_4 43 Va Tin - 149 *- - * • 149% 7% 8% 146% * 8 45% 8 1 9% 44 *149% . ' 44 Va 1 ' 150 10 20% Dec 29 16% Jan 10 22 84% Apr 19 71% Jan 31 88 Oct 97% Jan 4 104% Dec 7 4 11 Va Dec 29 6 : 9% Jan 9 Va Dec 4 S% Jan Jan 26% Jan 4 40% Dec 45% Dec 9% Jan 31 38 y4 Dec 98% May 17 30 21% May 6 30% Jun 22 28 3 Jan 18 Jan 3 Apr 1 9 Paramount 8 Parmelee Patino 56% July 6% Feb 17 11% Dec 27 10% Jan 6 3% Mar 12 7% Feu 23 4% May 27 5V4 Dec 26 7 30% Jan 38% Oct 4 23 Feb 10 26 27 ' Oct 28 27% Jun 24 73% Jan 4 Dec 9% Jun 6 21 7 14 Penick & Ford- 10 29% Jan / 44% Mar Peninsular 8 23% July 11 25 % Jan 6 5 27-fe Mar 17 29% Feb 24 29 37% Apr 19 35% Jan 4 Dec $1.32 Telep $1.30 55 Dec 6 29 % May 11 99 Jun 16 Penney 20 38 Jun 23 Penn-Dixie 4 57 Jan 3 45% Dec 31 44 18 113 Oct Mar 18 108 Nov 4 25 Dec 29 53 Nov 30 22% Dec 13 35% Dec 14 1C4 Mar 41 2 11% Jun 31 5 Mar 18 134% Jan 33 169 4 Mar 26 13% Jan 48 Feb 11 9 4 29 4 32% Jan 4 23% Jan 11 94 26% Jun Jan 11 107% Sep 107 Jan 11 110 Feb 83 Jan 83 Jun July 7 Jan 4 50 May 25 Jan 24 97 ' 104 J&n 87% Mar 15 97 Jan 4 43% Apr 29 95 Apr 8 90 Jan 11 82 3 34 2 4 75% Dec 16 35 Jan 100 104 July 9 21 Jan 11 113 Nov - 6 9 July 22 99 July 8 5% 79 Mar 7 Phillips 6 Phoenix 46% Jan 6 59% Apr 22 100% July 6 104% Feb 1* 33% Jan 8 52% Jun 16 Feb 23 Pitts 7 6 13% Apr Mario Dec 29 Feb 15 31 21% Jan 17 27% July 28 21 84% Jan 13 95 118 .83 31 76% Dec 23 July 1 160 Apr 158 Sep 8 169 Mar C2 Jan 164% Mar Jun 9 4 8y4 Dec 12% Jan 4 30 y4 Dec 31 62 18 & 16 60% Jan <4 80 Dec 30 62% Jan 11 87 Dec 29 Jun Pitts St 100 L RR—j. 8% May 16 30% Jan 3 84 July 19 95 July 22 ' -18% Oct 27% Dec 29 Jun 3 150 18% Jan .8 31 146 -• Mar 14 25% Jan 20 150 Aug 26 Pitts Consolidation Coal Forgings 83% Jan 11 Dec Jan 6 Jun 3 151% Jun 29 10 30% Jan 25 24% Mar 14 29 122% Dec 21 108% Jan 14 3 122 * 1 24 Jan 4 22 May 4 - Feb 17 32'/a Dec 30 20% Jan 6 17% Jan 26 19 % Mar 1? 7 - 6V« Mar 31 20 y4 Dec 29 20 y4 Nov - 16% Jan -7 68 8 40% Dec A 34% Jan 16% Feb 18% Nov 30 24 5 19% Jan 991/4 Dec 20 91 Feb 8 10% Jun 15 12% Dec 31 72% Mar 16 80 20' 33% Jan 46% Nov 18 25% Jan 7 82% Jan 7 25% Jan 12 25 15 Sep .. - . t* Jan guaranteed preferred 1 Pittsburgh Steel Co common 10 5% preferred class A 100 5%% 1st series prior pfd__;—100 Pittsburgh & West Virginia 100 Jan 3 Co Pittston (The) 21 - ""26% - - convertible 5% % *"ar 19 Dec 23 Jan A 4 87% Jun 2 Aug" 17 31% Dec 31 29% r Inc Plough preferred Plymouth Oil Co Pond Creek Pocahontas-, Poor & Co class B 23% Jan 9 13 22% July 22 107 July 12 12^4 Jan 3 May 19 ... Electric Potomac Power Public Serv Co of Public Serv Co of 6 11 11 100 28% Jan 3 29% Jan 18 26% Apr 26% Apr 21 Q 122% Jun 24 33% July 19 •——5 —5 1 10 Co——10 preferred preferred preferred 3%% 4.32% 4.16% Colorado10 Indiana—No par — 100 25 25 100 4.20% preferred—— Pub Serv El & Gas common_No par 33% Mar 14 July 20 44% Jan 4 66 % 6 9 Dec~29 . 38% July 56% May 9 73% Feb 18 preference corn—No par preferred 100 4.18% preferred —• —100 Puget Sound Power & Light Co„ 10 Pullman Inc -No par 34% May 12 3 C2 103 Va Apr 104 y2 Nov 41% Apr 11 Pure 99% Mar 190% Feb 7 16 33 % Apr 104 12 98 i/'2 */4 w3 13,iuJ 34 Va 33 Va 34 33% 34% 10,3u0 48 Va *4o */« 47.% 46 Va 4o Va 2uo 49% 49 49 Va 49% 49 49'/a 5,700 10b Va *108 Jun 105% July 49 27% 7 8 5 1 108% 108 % 108'/a 105 Va lOo 4/a io J Va 105 Va 19% 19% Va 105'% 1,54 J 28 50 28% 28% 28% 28% 29'% 75,100 50 % 49% 50 49% 49% 2,100 19% 20% $1.40 div 4.08% 37 Va 37% 158% 159 Va 74% 158 Va *71 Va 72 Va 23% 23% *72 5 (The) 700 38 38 159 159% 4 lo Va 13 74 3b 38 159 Va 1,300 159% ' 74-/4 200 35,500 *72% 74% 74% 23 % 23 Va 23% 24'A 62% 62% b4 64 *103 105 20 32 1,000 ' *61 62% *103 Va 105 32 8Va 53 46% 112 Va 40% 40% 40% 114'/a *101% 101 % 101 101 Va 100% 100% *100% 102 300 106 80 106 *108% 110 108 Va 110 ioa% 108% 109% 30 15% 16 15% 16 15% 16% 16 16% 14,300 37% 37% 37% 38 % 37% 387a 38 3o-,a 23 ,ot»0 92% 92% *92'/a 93 % 92 Va 92% 41% 41 % 88 88 *86 *84 104'/a 105'/a 40% * 41% - 99% *96% 99 Va *96% 71% 72% 71% 72% *10% 11% *10% 100% 102 *100% 100% 26% 98% 98% 98% *97% 87% 87% 86% 17 *163% 79% *165% 25% 25 Va 7% ' .. 84 94% 28 % 28% 117 24% 24% 22 25 ; 32 V2 32 Va 21% 99 22 Va 22 Va 22% x99 % 100 Va 100 % 100 1.800 17 .8,200 •83 84% "10 168 82% 7%; 25% 143 Jan 4 Jan 5 21% Jan 15 35% Dec 158 Dec 7 3 127% Nov 16 30% Mar 30 148 Mar 15 26% Jaa - 6 33% Jan 154 11 July 15 31% July 21 Quaker Oats Co (The) common—5 6% preferred 100 Quaker State Oil Refining Corp—10 4,200 70 84 Va 95 95 95 900 27% 27% 28 1.300 ♦150 Va 175 175 28% 28% 29% 6,100 100 116 116 25 25 25% 3,500 33% 33% 33% 5,800 2,300 48% 49% 49% 50 *21 Va 21%: 21 Va 21% 3,800 22% . . 22% 22% 22% 8,200 100% 100 % 100% 4,600 14,100 ioo ; - 10% 10% 11% 10 % 10% 11 10 % 10% 11 10% 77 100 76% 76% 77% 77% 77 76% 76% 77% *76 Va 45% 46 4.400 46% 45% 45% 46 Va 45% 42 Va 42% 2,300 42% 42% *86 26% *25 121% 32% 83 26% 25% 121% 32% 45 Va 41 % 417a 85% 86 *26 Va 26 45 Va 46 Va *s>s 120% 32% 26%. 32% 32% 32 Va *101% 105% *104 105 Va 87% Va •26 25% 25% ♦120% 121 Va •120% 121 Va 32% 33 % 32 Va 33 % 33 *25 100 25% 2,500 121 Va 33 32% 32% 32% 32 Va 32% 32% 102 Va 102% •101% 102% 102% ♦103% 105 *103% * - - " 37% 37% 37 Va 37 Va 37 V8 37 Va 66 '/a 65% 66 65% 65% 39% 39% 38 Va 39% 38% 39% 31 Va *30% 31% 156 31% 31% ♦153 30% 31% 154 30% 300 15.800' 5,800 105 105 Va *104 66 *153 50 26 Va 102 Va 102'/a *104 ♦86 2G 25% 32 Va 102% 87% *26 ♦120 Va 33 % 102 Va *85% 26% 25% 25% 120% 42 Va 87 42% 42 *85% "a • 42% 37 % 37 Va .. 37% 37% 66 66% 66 % 66% 38% 39% 39% 40 Q 28 10,400 10,700 32% 48% 21 v 280 : 300 85 116 25 . 32% 48 22 47 102% 28% . 116 ; 47% 32 Va 47 7% 25% ♦150 Va 28% 116 24% 24% 7% 25% 27% 27% 116 82 7 Va *83 175 28% 168 25% • 14,500 *163%, 169 82% 62% , *94 21% 32 Va 47 21% 116% - 168 . 27% 98% 16% 17 ♦165 Va 1,900 95 85 169 94 ♦27% 28 Va 116% 16% 160 49% 120 *97% 87 83% 94 *150 Va 175 28 32% 21% 27% 27% *150% 85% 82% ♦82 84 175 " 7% 94 - 87 *163% 101 Va *Qi 95 98% 25 Va 94 Va 27% 27% 98% 7% 84 Va O Q 49% ♦113 92 Va 24% *83'/a 101 Va 101% 49 168 80% *94 200 2,200 26% 7% 31,700 11% 51% % 25% 24 Va 74% 11% 51 120 169 *165'/a 81 79% 7% 7% 168 99% 11% 49 17 Va 16% 165 17 ♦163% *96 V* 74 98 • 330 44 73% 99% *113 94 98% 100 86 43% 51 *100% 27 94 95 ♦84 50 Va 49 Va 120 *113 120 ♦113 27,800 42 11 Va " 101% 49 50 50 49% 110 93% 89% 42' 72% 11% 50 49% 51 49% 41% *86 86 36% *96% *92 89% " 36% ♦108% 41% 41% 86 26% 101 ♦103 *35% 36% 26 21% 106% 106 106 11 Va 78 50 *113 *83 168 200 26 Vs 113 36%' - 7,100 26 Va 113 86 17% 42% 41% 26% 114 Va *82 87% 21,100 *113 89% 167 990 57 Va 114% *88 120 14,500 46% 112% 56 Va . 41% *25% 25%. 4,200 *113 51 17 55%., 40% 40 % 25% 25% *25% 8'% 46'/a 113 55% 400 *111 Va 46% 46 Va 112% 53Va 95 23% 8% 46% ' 117 3% 112 Va 47 95 *165% *31% 8% 8% 31% 73% 87 % 105 31 '/a . 113% 45% 112% 26% *163% *103 Va 105 32 ,53% 47 114 •'54 — OH 19% 20% 37% 158 Va 37 36 Va 2U J 109 49% 28 49% 109 105 105 Va 28% 50% 158 % 49 49% 108 Va 109 104% 105 28% Publicker Industries Inc common—5 $4.75 cum preferred No par 28 Apr 93 33% *150% No par Gamble & Procter 46% July 15 24% Mar 15 ; — 43% Jun 114 25% Jan 14 -89% Jan 25% Feb . W5±L Apr Mflir 21 84 91% 95 1 common 2o0 28'% *27'/a *46'/a 26% 100 Young & Ash pfd Pittsburgh JalO 2 b va 48% * . 1,300 24'% 34 Va *113 10 -25 Va Mar 14 2 43 93% 33% % 24 42% 28 Va 42% 24 42% *23 Va 42% *46 49% Pittsburgh Screw & Bolt 35% Mar 18 _ 92% .*49% 48'/a 34 J4 " 100 1% 53% Jun 81 17 Aug 10 92% Mar ,3 26 28'% *100% ——1 * 10% Feb *28 51 Co_L—— 1" Co Wayne & Chic Ry com_100 Ft ' * 28 72% Co com—No par preferred—No par preferred (conv) No par * Pittsburgh Plate Glass Co_ 10 827/8 July 21 85 *27 Va * Mar 14 "22% May 17 76% Mar 11 28% *10% * • *27% — & Chem Pittsburgh 7% Mar 21 71% Nov 29 C $4.80 30 20 173 C Jun .165% July 12 7 Hosiery convertible $5 Jun 96 28% 40% 40% 25% *25 Va 113 113 102 *101% *104% i06 *108% 110 16 16 38% 37% 93 % 93% 40% 40% 89 *86 85 *82 36% 36% 99 Va *96 % Petroleum Pitts Coke July 18 18% Apr 7 188% Jan 31 5 : 98 .15% Mar 14 . 15 6% Jan 116 6 67% Feb 30 18% Dec 3 13 155 100 preferred No par 5 Pillsbury Mills Inc common...._25 $4 preferred 1 No par Pitney-Bowes Inc 2 11: 20 Dec : 5 100 100 Phillips Jones Corp common_No par May 19 24% Dec 87 4 42% Mar 11% Jan • 4% preferred 3.9% series preferred 9 90% Sep 1 Jan 77% Jan May 87% May 6 68% Jan Sep 27 115 1 16% Nov 80 Philip Morris Inc common 44 5 37ya Dec 92 14 Va July : & 05% May 13 31 Aug 53% Dec 12 85% Jun *2'7% 8% preferred —100' preferred 100 Reading Coal & Iron 1 Philco Corp common—-3 3%% preferred series A 100 16 23 28% 8Ve 4.68% 43% Jun 21 24 % *27% 8% Phlla 24 37% Feb 6 42% *23% 29 92% 31% 8% 46 111% 53% 4.3% 1 Mar 30 111 17% Jun 13 10% July 15 107 % Apr 6 35% Mar 17 Dec 53% Jan 28 12% Jan 42% 24 31% 3.8% 2 900 43 31% No par 100 100 b,8U0 50 29 *103% No par 8 25 24 32% com 12,100 7-/4 42% 62% preferred preferred 3,100 50 29% 103 Va Electric. Co common -/a . 24 Va 24% *P3% 4.4% VB 8% 43 *61% $1 conv preference 4 50 50 No par common 700 l,3o0 13-8 24% 8% 24% 49% 62 '/a preferred 100 7,700 . 7% 8% 24% 50 23% 100 Co_ - • 24 Va 8% 24% 28% 7,300 54% 8% 62 Phila 7 19 102y4 May May 26 45% Aug 97% Apr 16 26 V2 Mar 115% Apr 31 108 44% Jan 5 Jan Jun 42% July 22 0 9 3 03% Feb 58 31 5 98 9 0 Jun 22 7 Mar 119% May 26 110% Jan 82 y4 July 20 29 ti 12 54 50 23% Co bt Va 24 % 23% Milk Va 03 8% 76 4%% 42 50% 23% Pet 41 % 24% 76 & Eastern Ry Pepsi-Cola Co 33 4% 100 Petroleum Corp of America 5 Pfeiffer Brewing Co 5 Pfizer (Chas) & Co Inc common—1 4% 2nd preferred (conv) 100 Phelps-Dodge Corp 12.50 6 11 Jan 5 100 4% 4% 33V3C Peoria July 22 6 30 Dec 2 34% July Jun 24 V4 15 37% Jan 39% Dec 17 89 10 Inc Peoples Gas Light & Coke Jan 48 22 May 14 3, 25 36% Jan 4 Oct 103 28 Penn-Texas Corp 5 3 Oct 103 May 28 7% May 11 11 29 100 22% Apr 73 Va Feb 39% May 26 115 5 Jun 107 100 10 106 Va Jan 31 No par 50 8V« Jun 112 % Mar 30 52 % Dec Jan 26 1 common_l 10,600 - 4 3-/4 42% 4% 25 Stores 40% *44% 4146 * *15Va series preferred Drug 10% *45 4U No par 2u0 102 "41% • 13 Va preferred Peoples 42 40% 4% Pennsylvania Salt Mfg Co 4 41 45 41% 13 Vu 16 Mar 45 41% 40% 4% 4.40% July 21 39% 45% *44 41% 13% Jun 38 40 39 Va 40% 45 % 43 24% *28'/a *27 Va 91% 34 % *46 48% 108Va 104% 28 50 19 Va 36 Va 158 y2 8,oU0 41 Va 4 "a No par com 100 94,500 10 Va 13% 53 173 - 13 Corp Light 10% 13 4%% 21 11 & 9% 83 - *101% 102 10 l/a- - 81 13 Pennsylvania RR 8 40 5,4u0 30,600 20-% 20 Va * 13 4% 8% " 24 Va 50 13 102% July 12 26 39% Dec 20 Nov 15% Jan Power Penn 10% - 54 25 Corp *101Va 102 10 Vb « - 9% * 54 —__25 Sand • 54% 25 26 V- 600 i Va rf Va 4,700 1,700 «' ' 40% 5 Co Glass Penna 10% - *9 '/a - *101% 102 10% 10% *44 25 common Cement 102 102 10 Va 39% 20 Feb 56 (J C) *101% 1 30% Jun 17% Mar 14 16 77 80 ' 108 % Apr May 12 *9 20% 113'/a Apr 52 Aug 27 19% 79% 6 10 28 30% Jun Jan 21 73 y4 Nov 100% Jun 106 19 34% Jan 19% 79% 7 45% Mar 14 155 19% 78 2 Jan 31 108 Aug 30 30% Jan 22 18% Dec 101% Feb 9 Sep Jun 103 y4 July 57% Dec 4 18% Jan 107 25 3 49% July 14 41% Mar 14 15% Mar 25 106% Feb May 9Vs 19% 79 " *9% 9% 54 Va preferred 20 82 - - 46'% \ -• 54 preferred Jan 27% Jan 7 9% 19% 78% No par preferred $1 30% Apr 93 46 - 53 Va Peabody Coal Co common 5 Vo conv prior preferred 04% Feb 28 8%' % 8 47 • No par 1 Transportation & Enterprises Mines 86% Jan 8 29'/a Mar 9,000 .. 152 ' 45 2.50 Co_.L Proof 25 y4 Jun 14% Jan 47 *150 - - 150 8 .. - 19% 1 6 22 29 . . 146% 78 Va No par 6 4% Jaa 15 % Dec 49% Dec -146% 19% Distillery Corp___l Jan 23 10% May 11 35 May : Pictures Corp Rust 5 6 -146% *9l/a loo 1 Corp_" Tilford & 7 Va Jan 41% Jan 2,000 • 42 1 Inc Parke Davis & Co____ 14'/a Jun 45% Aug 19 Oil Park 12 Parker 15 Airways preferred 6 35% Jan 2% Apr 4% Panhandle 5 47 y4 May 51 Va Apr • 40% lo : World 3 44% Jun 14 preferred Amer Panhandle East Pipe L com__No par Apr 13 6 Feb "• Pan 2 51% 41'/a 150 • 46% .80 - 41% 51 Vs - " '4% 12 Jun ' 104 ' 6 34% Feb 36 41 ; ' 24 »/a - 41% - 40% 146% 8% „ 40% 1,150 *41%" 41% 146% • 44% 51 % 40%- 1,200 21-%- 24 .. . 41% 50%'* 120 .. 21'A • V, 25 41% 6,900 / "v • 11%. -11 Va 20% - 29% V *100V+ 102 ' 42 *41% 29% ; • 11% V • *24% 42 % 50% *24%'' 41% ' 50 V2 * 29% * *100%-101 ' 8% Apr 5 25 6% Jan 67 1 29 % * 100 % - 10% 1 11 21- * *25 *24% • - - _25" 1 __ Telep & Pacific Mar ' Corp——_ Electric— & Teleg preferred.: Jan 150 7% May 26 38 . 21 29 Va" ' 100% 100 % ' 10%<- 10%* _:__r20% 1 29%" "29% ; 100% : 17% Jan 2S * 15 100- conv common— 30 '*■ 29% r*- preferred..:: 1100 Fisheries Iric—__i__5 ; 16 V* May 16 \B2 - 31% *153 31 31% 154 31% 31% *153 31 31% 154 31% 31% 32 153 Va 153 Va 31% 31% 190 2,600 3.400 15,500 7,800 20 1,700 23 ^ The Commercial and Financial Chronicle NEW YORK STOCK EXCHANGE STOCK Previous Range for * Monday Tuesday July j» STOCK YORK AND July Id Par EXCHANGE Highest Lowest Highest- Lowest NEW Range since Jan. 1 Pear 1954 RECORD LOW STOCKS Monday, July 25, 1955 .1. * Ju.y tit Sales for PRICES SALE H1GII '■ the Week Friday Thursday Wednesday ; J uiy Juiy si Snares Zi R *eb 7 53% Mar 4 67% Jan 6 104% July 5 Rayonier Inc common 11 39 % Dec 29 36% Jan 18 Jan 4 86% NOV 81% Jan S 28 4% Mar 1 8% Dec 5 22 76 2% Jan 10% Dec Jan 4 52 % Dec 25 ft Jan 4 62 37 Nov 7 86% July 20 47 5 10% July 6 Jan 2 55% Jun 11% July 18 8% Mar 14 22 6 23 41% July 36'A July 14 39% Oct 15 37% July 14 11 20% Dec 31 18 13 34 Dec 29 31% Jan 6 42% Dec 29 39 Jan t 43% Mar 30 Sep 13 34 % Jan 7 38 y« May 20 1 22% Dec 31 18% July 22 29% Jan 6 42 36% Feb 1 30% Jan 28 36 Jun 32 Feb 16 16% Jan 4 26 12% Apr 27 18 19Ye Mar 22 13 May 0 377/s Jun Mar 1 8 27% May 12 17 Jan 13 New Reading . 4% 3 8% Dec 20 7% Jan 3 11V4 Feb 24% July 1 31% Dec 31 28% Feb 2 38% July 18 8% May 7 147/a Dec 3 23 Dec 12% Feb 61 % May 10 67% Feb 12 y2 Apr 64 65% May 19 22 31 17 31 43% Aug 23 Jan 11 Jan 4 Dec 8 7 12 13% Jan Jun 6 31 70% Dec 13 8% Dec 22 22 44 % Dec 61% Jan 12 33% July Dec 2 9% Jun 64 Jan 40 51 Mar 11 88 Feo 82 Jau Nov 101 Jan 26 Aug 36 Jan Dec 31 '/a Apr 55 12 37 33% Dec 9 37 May 11 91 26 105 25% Jan 8 July 22 48% July 20 Mar 14 2 July 95% July 22 81 224 2 78 Jun 10% Jun 6 Dec Mar 16 5 May 11 29 46% Feb 37% Jan 1 14 11 48% Jan 20 May 77 »/a Dec 11 76 Vs Mar 64% May 12 22 3 28% Dec 29 27 y2 Jan 7 13% Oct 7 J 36 % May 10 12% Jan 7 Jun 16 22 4 34% Dec 23 28 6 Mar 14 24 Jan 12 40 y2 Dec 23 36 Jan 7 40 %Jun Conv Jan 14 45% Oct 21 41% Jan 13 48 V« Apr 20 17% Jan 187/a Jan 26% Dec 4 148 Jan Jan 18 25 Oct 94ya Jan 31 281V2 Oct 4 12 257 lUo'/a 8 96 uce <.9 Oct 7 35 31% July « 19 372 ±1 Jan luv) • 33% Jun 105% Mar 1 July 19 Feb 36 21% May 12 9 4 1 13% Mar 24 11 9y2 Jan 6 65% Aug 9 72% Nov 29 68% Jan 29 05% July 22 14% Jan 4 21V4 Nov Jan 18 26% Jun 22 11% Nov 6% May 27 50 % Nov 33 y8 May 21 19 15 Republic $1 Revere 47% Sep 9 42'/a July 21 5 93 11 Va 11 '/4 &i 51 50-/J 921/4 92 V4-' ; , 37 51'A : 93 Va ' '37 38 21'A 34 */2 ^M- *43 Va 37 I074 9'A 9% lb'/a _ 16 9'A ' 14% 14% 4b % '.'47 Va ' 78 *63 *54 b6 100 4% & ' 800 So 74 2,3i/J 38 Va 7,o00 3 712 ' va 37% 3712 21 21'A 21 21V, 19,100 34% 3474 35 36 Va 2,560 - • ■*3 7 > 5,000 - 45 *43'/a 37 Va *37 Va 38'/a 38 *35 Va 38 6% 100 ■ 22 22'A 22 22 16% 16 16 V4 16'A 163/a 13,200 lOVa IOV4 10'A 3,000 *3774 38-/8 5uO *181/2 1874 3,200 9 Va 38'A 19-,a 18 Va 18 Va 64 *63 63-/4 16'/a l 9JA 16 3574 9'/a 64 *63 16-a 3374 / ' 457a ' 46 74 46 77% - 16 '/a 9,800 38-/8 78,860 9 V» ll,0u0 - 15 46 Va 467/s 77% 97a 974 97a 216 va 215'A 219 Va 219 Va 4b VB 47% 974 214'/a 48v a 974 216 Va 4d7a 9 - Va - *103'A 104 V4 37% 37% 37 Ye 34 V2 6% 6% 35 3V/a 9 - 4,400 78 15,100 48'/a 30,400 224 48% 4,3o0 62 86% 87 104 Va *103 500 87% 1041/4 104 Va 1 3 va 78 • 35 Va 35'A 3 900 40,600 - 78'A ; *55 62 V 86% 88 *86% 8/'/a 103'A 48 Va 48 *55 62 *55 62 2o0 : 9 'A 14% 143A 46 Va '/a 77% 77 Va 77 Va 78 Va - ■ 9»A *14Va 14-4 *14 V2 , 1D Va 387a 9 '/a > 37% 16% »/4 36 : 2,600 64 63*/a " > 33% 34% 'k 22 V8 38 46% ' 37 Va 45 *43 Va *35 Va 1874 14% - , 6% 6% 71% 70 Va 69 % 69% 70 33% 32% 32",4 33 15 14% 14% 14% 14% lo% 30 Controls com—1 30% 30 30 29% 30 *37- 33% 37 va / Va 200 / 7,900 5,200 36 35% 500 lo% 15V4 1578 5,500 29% 30% 3U% 30",4 3,000 *3o% 38 % 3 /7a 40 *46% 47 46% 47 Va 47 % 4 297a 29% 30 2y% 29% 2y% 30 365 365 -372 102 102 *101 ' »/4 372 *101 " 200 1,000 10,000 400 372 372 372 *365 374 101 102 % *101 102'/a 10 24% 24 24% 7,200 12% 1274 12% 12% 5,500 '82 Va 837a 83 Va 85-/8 82,200 23% 23% 23% 24 8,600 3 •% 37% 37 Ya 4,800 12 Va *12 Va 24% 22% 23 V2 23% 24 •% 24% 12% 12 % 12% 12% 12% 12% bi % 827a 8OV4 81% 807a 81'A 23% 23% 23'A 23 Va 23 V4 24 37 V2 3d '/4 37 ya 37% 37% 37% 37% 5 *12% 12% 12% 12 % *1278 12 72 12 Va 5 10 (Jacob) / ',4 102% *36/ 102% % 1 (The) 37% *37 30 Va 30 22 10,000 " - 40 47 30 100 Rohr Aircraft Corp 1 Ronson Corp 1 Royal Dutch Petrol Co__50 Guilders Royal McBee Corp 1 49,900 33% 33 47% 38 % 47 preferred series A 6% 717a 6% 71 *32% : 46% 38% 25 6% 6% 697a *32'/a 70 33% No par Ruberoid Co Si 38 73 38 Va 14% Spring & Axle Co—_—5 Haas Co common __20 Rockwell 37% 16 9'/a *86:/a 1*74 preierred conv 94 37 Va *36 Va 16 Va 103 6v, % Mines Rochester Gas & El Corp Rohm , .38 33% No par No par Ritter Company 5 %% 92 *3774 33 Va *55 6% Richfield OH Corp Robertshaw-Fulton : -1874 9% 103 37 3A — Roan Antelope Copper 50 Vs Ltd Trust —; ~ 77 A- 47 Ya 102% 5 Co Paper Selection 50% 37 Va * series 100 Co—.——1 shillings 51'A 38 Va 214'/a 974 220 47 Manufacturing Rhinelander 33,0*0 9'/a 45% - ; \ -b6 series 117a 22 Va 9 VB 60 Preferred 4.50% 4,100 11'A *9'A 16'A * • 78% 9% : Preferred 3.60% i,3o J 11% 45 9Va 33 16 Va 10 Rheem 34,800 74 8Ya 38 *43'/a » -lo % *373/4 34% 9Va Co—i Common 80 8Va *36'/a 38 l0'/8 19 218 Co ivietals 51'/a bo'A 9 *35 Va 45 22'/a *9 63 'A'. 33% No par 1 50c 10 10 common 50 Va 80 y4 34% 3474 34% 22'A 18 Va 62 5 100 Corp ; 50 Va , 21 Va 37 Va 20/a 37 *35'/a 38 Va 38 No par : ' 37 V* •' *37 37Va 20% , No par 2.0O —No par Reynolds (R J) Tob class B 10 491/4 Feb 38% Jan 28 45 - lo y4 Copper & Brass Keynolcis Ruppert 7 9 *4JVa ' 10 preferred Steel Rexall Drug 15% Mar 21 16% Mar 11V* 11 Va 37 Va f- 22 Va series— Pictures convertible Republic «07« Jun 12% Aug 23 vO 5oc pfd 3 % % 12 % J uiy 3 *34 Va —No par Reo Holuing Corp 37% May 31 24 87/a ' 22 V4 Republic Aviation Corp— 8 41 7% Jan ■ 3b Reliance Mig Co common 5 bo 9 '/a (Robt) Rhodesian 6% July 11 6»/b July 21 2174 , 37'/a Inc 50 86/a 9 "V92% 37% 2i% 50'A b6 9lA *61 38% 37 '/a 49 Va 86 10-A 94% *36 Reliable Stores Corp 105% Apr 3 V'4 50 Va ■■■* 9Va V ' 5i% *96'/a & Co— $1.25 div prior preference 29 48% July 7% Mar 14 109 y2 Jan 20 54 46 7 15% Apr 8 May 16 3 125 7 ' 5 Bit Co Bros ' 11% 94 50 2nd Hosiery Mills_. Reed Roller Reeves preferred preferred 1st noncum Silk Va *ou 74 25 5 50 50 49% 86 ■„ 9 V'4 38% common noncum 4% Real 16 May 19 44 y4 Feb May 18 41 37% Feb 24 19% July 19 4 5% Mar 14 9 14% Dec 10% Jan 26 14 Co b5%. ll'/a — preferred $2 51; 9 1 common Raytheon Mfg Co Reis 4% May preierred 1st $3.50 24 15 40 4 8% Jan Jan Radio Corp of 5 Feb 25% Apr 31% Jan 26% Jan 50% bova America com__No par No par RKO Pictures Corp— 1 RKO Theatres Corp 1 Raybestos-Manhattan No par 22% Jan 42% 43 9o% 106% 106 Va *9% 50'/a 25% 25% 32 32% 42% 43 Va 43 42 Va b-±;4 s*"/4 90 74 9o% 9474 1 200 13 S 88% Jan 4 99% Oct 103% Jun 14 112V4 0ct 4 Dec 104% Jun 16 114 Feb 21 Jan 6 55 Jun 22 St Joseph 22% Jan 11 20 44 317/s Jan 11 18% Jan 14 23 1 30 Dec 40 July 27 Nov 22 62% Jan Apr 5 211 94 16 21 21 74 Dec 29 275 15 145 296 Dec 170 Jan Jun Apr Jun 17 88% Jun 320% Apr 15 28 170 10 9 20% Jan 12 41% Dec 93% Jan 4 103% Nov 5 101% Jun 8 105 14% May 3 Dec 27 17% Apr 25 19 29% Dec 31 14% Dec 10 Jan 19 23% May 18 11 Jan 4 1 17% Apr 28 33% Mar 14 23 *27»A Dec '31 26 Jan 7 July 13 ; St Louis 5% St Regis Paper Co 1st pfd 4.40% y* Jan 3 20 Sangamo 17 Savage 27% Jan 3 San 24 % Dec 31% July 21 Schering 66 % Nov 22 55% Mar 14 78% Jun 20 Scott Paper Dec 23 94% Jan 98 11 May 26 102 Jan 25% Jan 8 4 Nov 10 102% Jan 15 85 17% Jan ' 5 Jan 4 42 Jan 33 4 Jan 24 102 5 July 21 98 31 108% Nov 16 34% Dec 103 31 Jan 33% Jan 12 2fl 6 89% Mar 23 85 V4 Jan 4 31 113% Jan 19 114 Dec 22% Dec 7 7 39% July 15 92% May 18 131 July 18 15 17 104 35% Jun Apr 1 108% Jan 4 43 % Jan 6 59% Apr 5 16 18% May 34 Jan 14 0 31V* July 18 79 % Nov 2fi 74% Jan 6 105% Juiy 11 22 37 3 58% July 18 7% Nov 26 3 9% Jan 13 Jan 8% Mar 15 6% Jan Electric Co Seaboard Finance Co $5.75 sink fund Seaboard OH Seagrave Sears Corp & Co... Refrigerator 11 Va Apr 2b Seioerling 29 9% Apr 26 Servel Rubber Inc 5 Co 1 1 26 B 20 May 18 39% Jan 7 61% Jan 4374 Dec 49% Apr 11 Shamrock Oil & Dec 31 33% Jan 46% Apr Sharon Steel Corp Shattuck (Frank G)__ Sheaffer (W A) Pen Co 38 11% Jan 21 31 13 36% Feb 10 31 56 Jan 18 66% Mar 31 22 % Jan 6 31 Va uec 2 42% July 19 61% Dec 15% Jan 24 % Dec 5 Mar 15 7 9% Mar 14 Dec'20 17 18 28% Jan 107/a Dec 29 4 14% May 10 7 $4.50 preferred 4 43% Dec 6 45 Nov 31 32 % Jan 4 52% Dec 22 35% Jan 4 54% Dec 31 25% Jan 5 6% May 35 Apr 6 23 40 May 5 13% Jan 12 15% Jan 48% Mar 14 Nov 59% Dec 21 57% Jun 15 Skelly Oil 53% Jun 23 Smith (A 15% Feb 28 Smith (Alexander) 9% Feb 4 6 18% Dec 10 17% Jan 19 49 % Jan 8 54 Jan 19 64 29% May 6 43% Nov 29 30% Jan lu 37% Jan $ 40 35 Mar 14 39% Jun 28 11 Dec 46% Dec 52 1 23 Feo 24 377/8 Jan 11 15% Jan 5 19 July 28 17% Jan 7 25% May 6 17 2 29% Aug 23 32% Dec 6 28 Va Jan 28 Va Feb 31% Jan 7 36% Jan 4 54% Dec 51 14 10 Inc common 73 174 23 44% Jan 29 51 Jan 18 18 Smith-Corona Inc 10 7 62% July 7 7 12 % May 23 19% Mar 54 Va Feb July 21 21 Va Mar 33 3 25 7 Jun 6 35% Feb 16 65 Va July Solvay American Corp 4% South Carolina E 24 Va 24% & G Natural Ediscn *203 11 Va 18% *52 31 *38% 53 Va 25 4% Mar 16 7% Dec 29 6 52 Oct 4 65% Mar 31 99 14 Nov Jan 29 4 106 Jan 19 Feb Elec 7 71 Apr Feb 14 16% Jun 2 11% Aug 12 1 July 11 10% Jan 5 63% Jan 4 24% Jan 11 28% Jan 5 39% Dec 29 36% Mar 15 36% Jan 4 92% Sep 22 88 12% May 17 12 Ya Jan 28 17% Dec 7 For 31 see page 29% Jun 102 % July 9 July U 4.20% Sperry July 22 Apr 13 40% Mar 2 16% Feb 15 4 11 Public $4.50 99 97 Va 983/a 10,900 55 55% 55 v4 56% 30,900 10% 10 V2 5,400 7% 11,300 9% 29 99 Va 56 55 9% 7% 9Ya 10% 7Va 9% 73/a 77 a —. Corp common ' 46 55 % 56% 55 49Va 13% 62% 70 24% 15 Va 43 10 29 Va *28 60 Va 61 Va 28% 29 % 15% 15% 16 *15 Va 16 47 Va 55'/a 48 49% Va 56 *55 Va 433/a 4274 42 42 3/a 8,900 4474 43 Ya 44 V4 J.5,400 10 10 29 Va *28 601/4 611/4 29 29 Va 1574 15% *15% 48 Va *55 '/a 250 58 16 49% '56 lOVa 10'/a 62 3 61'/a 29 15% 3,700 29 *28 . a 5,400 29 Va 5,400 16'A 10,700 *15'/a 16 43% 49 3,000 1,700 56 56 57% 57 Ya 28,700 55 55% 8,300 57% 57 57% •57»A 57 Ya 55% 55% 55% 5574 5574 4974 1374 13Va 9,200 13 13% 13 s,a 13% 50'/4 13 Va 49 Va 1,200 49 Va 49 Va 50 63'/a 64 % 64 Va *63 Va 65 Va 71 71 *69 71 170 71 24 Ya 2474 24% 25 2,800 24% 25% 26 63 Va 63 Va *69 70 24% 24% 49 170 3A 4,400 com 18% 53 18% *52 11 Va 103/4 11 187a 19 183/4 19 Va 9,500 18% 18% 19 53 *52 53 10% 7,000 10% 10% 11 *205 *205 *206 53 *52 *52 53 31»A 3174 313/a 32'A 39 39 39 7,600 21,400 31% 31 Va 31 Va 39% *38Va 39 Va 38% 39% 39 53% 54V» 54% 54% 53 7 54 54 Va 20 20 20 V* 54 53 Va a 3,200 31% 31 Va 700 19% 19% 19% 32 Va 32 Va 32 Va 32 Va 32% 32% 32 Va 34% 347a 347a 35 34 Va 347/a 34% 63% 62% 62 12,200 30 Va 30% 31% 30 Va 31 Va 30'/a 30% 31 30% 61% 30 Vs 627a 26,900 62 6174 63 y4 61 62'A 6,500 94V2 95% 94V/4 97 97'A 97 Va 95 9674 96 93% 52Va 52 y4 52 V4 52'A 52% 52 Va 52 Va 52% *521/4 523/a 90 Va *89 90 Va No par /—50 100 *89 90% 28% 28% 28 23 Va 23 Ya 5% 5% 5% 5% 6% 6% *6Vs *84 66 Va 88 66 % 6 67 Va 101 100 19% l 101 19% *100 19% 24% 6% 6% *6 '/a 90 *83 90 66% 66% 66% 101 101 101 19% 19% 19 Va 25% 25% 26 Va 102% 101% 1013A 15% 15% 15% 16 % 16 Va 16% 83 83 83 % 83 Va 83% 83% 44 44% 43% 44 % 43% 44 Va 39% 92% 39% 91 Va 40 Va 91 Va 15 14% 9% 25% 50c *102 No par $3.50 preferred No par Standard Coil Products Co Inc 1 Standard Gas & Electric Co 1 88 ' 39% *91% 14% 9% 26% 102Va 9% *102 40 Va 40% *91 Va 92 Va a 14% 14% 9% 9% 14 7 - 9% *89 1,100 7,000 '900 90 Va 2874 28 Va 28% 24 Va 24 5% 23Va 1 *89 28% 28% 23Va 5V8 SO Va 23 3,4 28% 1 par *89 28% 23% 1 No par 5 Inc 11% *2U3 10% 19Va 2 preferred __ 34% 25 common Brands *15Va 61% 42 Va 10 10 7Va 57% 32'% common Square D Co Standard 98 V'4 56'/a 19% Service Co_ preferred Inc 293/a 100 '/4 29% 100% 60 34% No par preferred Rand 29'/a 3,100 32 % tr ctfs Spencer Kellogg & Sons $4.50 20 Y« Mar preferred Spencer Chemical Co Spiegel 93% Apr (Del) $5.50 preferred 8 85 Mar 22 14% July 21 26. 21 52 18 Co Mobile & Ohio stk 16% July 20 68% Mar 14 15% Dec 20 footnotes 102% May 2 23% Jan 10 43% Jan 49% Nov 23 27 2,700 29 107 19% Southwestern 4 53% 27 Va 107 *52 V4 32% Spalding (A G) & Bros Inc Sparks Withington Co No Spear & Co common July 18 98% Feb 23% Nov 30 Dec 7Y8 Jan 53 2974 34% 8 88 107 52'A 7.50 Co 5 18 59 74% Aug 3 100% Dec 22 70 Feb 4 22% Jun 4 7 80% Mar 101 % 6% Jau 10 29% May 24% July ♦106 % 53 No par 5 & Gas 6 4 107 52 1974 49% Jan 27 *lU6'/4 54 11,200 22 4% Jun 106 Va 27,100 15 26% Mar 15 2,700 61% Nov 15% Jan 7,200 33 Va 20 V4 Dec 9 81% 33 20 92 2 80 33 60 Va 50 29 81 327/a 20 5 6% Dec 80 32% 6074 14 29% Aug 81% 1974 Jan 16% Dec 79% 59V2 Jan 5 25'A 25% 80 22 *24 19 '/a 37 15 25 26 'A Southern Production Co Inc 1 Southern Railway common—No par Apr 20 150 *24 60 Va South'n Oct 4,700 9074 131 18% 7 4 3874 38'A 9074 *126 25% 4 12% Jan 39 9174 131 58 y4 5 25 25 *24 25 38 Va *90-;4 *126 18% 99% Jun 27 38 va 26% 38 Va Apr Jan 128 74 61 18 92 91% 128 >A 140 18 7274 Jan 14 *90% 10 97 104 V2 25% 30% July 19 87% Apr 38% 91% *103 73 *9574 *103 59 % 81% Dec "20 non-cum 39 % 132 74 97 104% 19% Jan~lf 5% 104% 104 104 72 Va *95% 60% 39% 52% May 31 72ra 97 26% Co com_4.50 (The) South Indiana Gas Pacific 8,500 71% *95% 96 18% 50 California Southern Co 7374 72-8 59% l preferred Southern 34,000 25% South Porto Rico Sugar com_No par 8% preferred 25 Southern 31 'A 26 pfd—100 South Amer Gold & Platinum 5% 30 '/8 5 Solar Aircraft Co 23 313/a 15 Smith-Douglass Co Inc Socony Mobil Oil Co Inc. 27% Feb Jun 30% 1 33% Jan 210 25,900 3U% 53% 9% 55% 13% 25 Corp 65 V* 14% Jan Jan 55 % 51 5 Co 70 17 4,600 23 Va 29% *32% 29 57% 64% 10% Dec 34 5 100 4 13V4 2274 29"/4 99% 16,, 100 18 13 25 33 Va 53 46% 56 % preferred 7 13% 22 Va 28% preferred 18 13 Va 22 Va 28 Va 15% 4.20% July 19 13 V4 29 % 15% 3Va% 5% Jan Mar Sinclair Oil Corp 2 7'A 1,500 27-/8 61% 6 138% Feb Aug 19 46% 55 Va 57Va 10,300 22 29 Va 5 18 175 *15% No par 19V4 27 Ya 13 va 28% 13% 50c 18% 27-a 4278 July 25% July 277a 40 104 *103 13 Va 42 10 July 49% Jan 27 Ya 14,9u0 45'A 4474 22% *23 60 Va 76 25% Aug 11 1874 29% 73 32% Aug 25 54% Dec 31 4 103 '/a 187a *28 61% 9 4 45'A 103 % 58 6 4 43 Ye 5774 29 15% Jan 18% 41 Va Feb 35% Jan 28 lOo lb Va 41 Va Jan 26 43% 43% *103'/a 18% 57 54 25% Apr 43% 105 10 166 *150 81 106% 53 l/a 49 31 106 33 33 Va 20% Jan 1 24% Dec 59% Jun May 24 O) 282 *xoO 41 'A _No par 37% Mar 14 19 282 loo 56 Va No par 1 Co 11% May 12 Aug 27 14% Dec 22 285 *147 41 Va No par Simonds Saw & Steel 48 % 42 51 Simmons 59 6 *270 166 56 Va ; 49% July 20 3 July 1,000 285 290 *270 41 issued" 6 Jan 44 7,960 86 Va 56% America 39% Jan 8 2,300 3274 86 Va 56% 41% 43% 10% 1 Corp of "When % Jan 36 % Jan 29 26 32 V'4 8674 *55% 41% 42% 10 Sheller Mfg Corp Sheraton 22 2574 32 Va 86'/a 7% 7.50 19% Jun 26 32 Va 7% Shell Oil Co 30% July 12 *2i> 7a 86% 77a 1 5,000 3<i",8 7% Gas 72 25-/4 No par 69 % Jan 50 85 Va 1 common 340 1,900 50 80% 81% 29% 31% 99% 101 Va 5*% 56'% 9% 9% No par Co 10 55 53 74 "50 31% *128 *24 131 25 106% 106% 5 Roebuck Seeger 33% 1 par 1 30 4 81 common Dec 4 131 *24 40 preferred—No Nov 8% Jan 100 5 Co_ 41 25% Jan 9l"/4 (The) 52 27% May *90-/4 preferred Scrantcn Dec 10% Feb 100 common— Seaboard Air Line RR Co 33% Dec 45% Dec 31 7 Co 96 105 39% preferred conv 7 395/8 Nov 6% July Mfg 3.65% 4.30% 2 12 7 Scovlli 72% *9o-/tt *104 3u'A 49% 25% 27V4 1322% 28% 71V4 96 104'% 38'/a *90% 29% 71% _25 preferred 87% Jun 57 Va Mar 18 Jan $4 29'/a ._15c 19,8 •106'A 86 18-va 13'A,* No par : lOu'A *9 78 15,900 9474 106 Va 32% 43% *103% 22% ' No par No par Co common 23% Feb Mar 14 21% Jan 13 Corp Mar 31 30 108 Mar 13 Va lOova 49% lUt> 4274 42 Va *94'A IO6V4 25% *270 *147 166 43 Ya 22y4 43 S5 10o7a b5% 290 5 42 V, *90 31% b6% 1.4o $3.40 preferred 48% *25% lb'/4 10 s. Inc 69% Mar 14 22 30 Dec 80 107 Feb Co 106 105 18% 27-/4 27-/4 100 10 Corp-;.; Industries *147 43% *l03va 5 common series A__ Electric Co Electric Arms *270 100 Diego Gas & Schenley 86 Ry Co—100 preierred noncum 4 11% Jan No par Power Hy Co Southwestern 47% Sep 20 89 10 common__No par Preferred series A 5% 100 14% Feb 8 6 St L San F 30% Jan Mar 14 12% Jan \ 21% Apr 25 22 49% Jun 100 Lead Co St Joseph Light & 27 29 Apr 123 22 26 July 14 34% Jun 13 25 % Mar 14 76% Dec 8 4 Safeway Stores common 4% preferred 4.30% conv preferred— Jun 24 24 7,300 7,200 5% 574 5lA 5 Va 3,300 *6 Vb 6 VA 6% 6% 1,100 90 *83 67 67 101 101 *83 67 Va *101 88 68 1,000 1,700 101% 170 20 Va 5,900 219,000 193/a 19 Va lu % 257/a 26% 26% 27 V* 101 Va 102 % 101% 102 Va 250 16 16 V'4 15 3A 16 Va 58,200 Va 84 Va 85 85 570 83 44 Va 45% 44 Ya 46 4,800 40l/a 40% 40% 40Ya 7,500 91 Va 91 Va 91Va 240 91 Va 14% 14% 14% 14Ya 6,200 9% 9% 10 1,500 *9Va ,WWumt-w -n.i a.^.^^uteiM^f^jaeuumjiaai?, j-jsunam, Ufu <:« rici^ < 1 ■ lUilMl ftp .•rtyffl V Number 5449 Volume 182 (333) Financial Chronicle The Commercial and .;. EXCHANGE STOCK RECORD NEW YORK STOCK Year 1954 £ •*'. 71% Jan vr ■ "73 Vi Jan •79=** Oct 52%Jwn ~44%"-Oct 29 ?#• Range since Jan. 1 Lowest Highest . Highest Lowest.: '•■ * 48%T3ec 4 45 4 32% Jan 8 112y4 Dec 42 31 Dec 6 Oct 26 10% Feb 4 20% Dec 30 42% Feb 5 53 % Oct 22 30 % May 5 42% July 30 12 - Jun 28 18% July 15 22% Feb 14 40% May 26 50-Feb 36 53% July 22 Stauiler 15%re>j Sterchi Bros Stores life—— Mar 30 13% Jan 4 5 36 Ve Feb 17 46 Dec 6 42 V* Mar 14 22 'A Apr 30 30% Feb 15 24 % May 12 4 Mar 25 23j/4 Jan t> 33% July 18% Jan 6 16% Feb 23 19% Aug 24 27 % .Dec 29 4 21 4 19'/a Jan 26 % Jan 10 % Nov 23 14% Dec 20 30% Jan 48 30 11 Nov 37% Jun 8% Jan 12% Nov 4 4 1 101 Dec 30 97% Jan 20 30 70 Dec 30 67% Feb 11 113"% Jan 7 118% Aug 9 115% Apr 5 21% Jan 6 24 11 71% Jan 7 4 Jan 635 84% Dec 12% Dec Jan 4 a 31 816 6 8 740 50 30! 46 Jun 26 24'A Nov 10 20 Mar 30 4 51 »/2 Sep 28 45% Mar 15 3P% Jan 4 81'A Jan 13 105V2 Jan 14 4Va Feb 24 ; Nov 48% Dec 281 2*% Jun 1 18 7y4 Dec 29 6% Jan 6 11,700 32% 5,500 ' *21% 22 21 % 21% 1,500 18% 18% 18% 21% 22 18% 18% 18% 18% *20'A -21 20 Va 20% *20% 21 28% 29 28% 29 ,28% 29 V4 * 29 29'/4 16,500 1 25% 25% 25% 25% 25 Ve 25% r 25V4 25% 6,000 36,900 Co Broadcasting Corp : Chemical Sun Corp Class A 4%% 28% -, 9% 10 9% 10% 58 58 58 *57% 58 57% 57% 38% 39 39'A *38 Vi 39 *38'A 14% 14% 14% 15% 15% 103% 103% 70% 70% 70% *116 100 9% . 70'A 711/4 2 11 >. (The) Sylvania Elec Prod Inc com 1 .. $4.40 cum pfd 3 Symington Gould (conv)__i Corp 25% 26 25% 26 33,000 27'A 27% 27'A 27%' 10,400' 39 38% 39% 38% 38 % 38% 40 85% 85% 85% 85% 86 Vb 86 86 10% 10% 11 10% 10% 10% 11'/a *950 980 1,000 27'A 53'A 50% 51 22'/2 22'/a 22% *22'A 52 521/4 52 52% 51% - 7% 7% 27'A 28 27% 2<J% 2,w0 50'A 48% 49% 491/4 49%; 2,900 22% 22 '/4 22'A *22'A 22/a 500 52 51% 51% 51% 52 % 47% 47 47% 47% 48'A 7,500 lt.,100 100 r *98 146 *141 *98 146 - 100 *98 100 142 100 *136 7% 100 27% 46% 46% 45% 146 700 1,000 49% *98 100 *970 1,000 5,700 5,400 26% 26% 47 'A *98 *136 *970 995 995 7 27% 46 • 27% 22% 7.50 No par No par ; 1 preferred $4 3 5,800 117% 26 v.' 7 51% 25 6 Co_ & 117% " 71 70% *116 % 27% 27% 27'A 5 4.16% i Swift 50 104 *103 71% 71 *116% 2,200 2t>,300" 16% 85'A 86 10% Sweets Co of America 1 ; 104 *103 15% : 2,100 39 25% 26% 38% 39% *920 15% r 10% 86 25 _50 , 117% *116'A 117'A , 26% •27 25% 27 26 10c Superior Oil of California 70% *116'A 117/2 Sunshine Mining Co 10'A 9% . 103 103 104 39 '• " 14 Vb 14% *1021/2 1 2 ; 57% 1 preferred 2 10 1,600 38% 10 "A No par 21 j. 6,800 57% .No par common. Superior Steel Corp fournerland Paper Co 25% • 3874 10 - 1 29 25% - 21 *20% 38% .1 $4.50 series A preferred * . 57 10 No par Corp— : "Wnen issued" * 20%: *20'A 20% 8% Mar 9,400 27% 321/4 21% '• - Sunray-Mia-cont Oil Co common 1 4%% preferred series.-A— 1 5V2 % '2nd pid series of '55 _30 Sunshine Biscuits Inc 12.50 150 V» Jun 50% 27 % 32 18'A ■t 49% Jun 15 1281/2 Jan 50 27% 31% 21'A- 98% May 31 91% Apr 16 Dec 147% Dec 50% 27V» 18% r Sun oil co common 52 % May Mar 14 41 16 * 96 ' 49% < 21% 1 58% May 2 11 Feb 16 1,200 181/4 29% May 20 41% Feb lb'/B 21% ' 30% Jan 15 *15 15%: 5 Fuller Co: Baer & 4 Mar 4.800 15»/4 15 6,900 31% July 22 1,040 Jan 18% Feb Jan 20% Dec 8 14'A Jan 53 % 27% 13 12% Jun 50% 49% 15 1U78 Mar 11 3 1,400 51 49% 51 : 48 . 31 7 86% Mar 44% 491/4 11 75% May 17 30 44'A .<27 >/4 21 Va July 19 40 19% 44% *44 44%. 31%: Sunbeam 32% May 11 19 27% Studebaker-Packard 27% Jun - 49% 19% 50% - 118% Jan ■» 25 % May 12 14% 11% 19 Vb 31 'A 6 Jun •14% 14 % 12 19 % »/8 441/4 11% 27% 4 75% Mar 47 6,700 12 11% 31% Jun 105 47 14% *47 % • 100% *100 100 % - 8,000 51% Storer 16% Apr 12% Jan Feb 68% Dec 48 19 "43 491/4 Stokely-Van Camp Inc common—1 5% prior preference—::— 20 Stone & Webster______i.l! No par 17 41 % Jun 19'A 44 18 'A 42% 48% )6,400 32,y00 35,200 " 28 15% Jan 21 18% 44 : 19 48 % , 52 »/4 137% *100 100% 11% 11% 51% 135% - Shares 31 'A 5 !-6J 1 11% 11%' '100 100% *100 100%"" 11% 52 Vb 135% 48% 49%: . 27% 29% July 9% July 12 42% Mar •48% 51% • . 51% Stix July 14 30% Feb 6 49% ; 94% 93 % >92% the Week - 134'/a 51% 134% 48% July 5 Stewart-Warner Corp 5 13 19% Jan 51 Vb 133 '/8 4874 100 9v 90 % 51% 135% 51 136% ' 48'A 90% 91% 133'A 52% - Friday •• July 21 r ■ f 15 5 Inci—— Inc Drug Sterling 23 % May 23 23 51% 10 1 Co——: Chemical Stevens (J P) & Co 5 15 25% July 21 89 ' Jan 29 Dec 18% Nov 8 21'A Jan 7 15 5272 Jun '29 20 16 13% Jan 1714 Jan 14 11 26% Dec 19% Feb 12 »A 20 Mar 28 13 11 Va Jan 13% Dec July 102 6 8 102% Mar 11 135% Oil of New Standard 90% 92 91% Jersey—,—15 /Standard. Oil of ©hto'nommon_!—10 3%% preferred series A 100 Standard Ry Equip Mig Co— 1 Stanley Warner Corp—: 5 Siarrext Co -I The) L —Mo par of Indiana Standard Oil 7 July £0 July 19 July 18 California—No par 25 Standard Oil of 8 24 '50'A:Jun Mar 14 8% Jan Jan 7 11 Vb Jan 18 99% Jan 99 • 53% Jun 141 % ■ Par Sales for Thursday'" Wednesday- Tuesdays Monday — EXCHANGE 98% July 18 *2% .May 18 1 Ob-8 Jau NEW «YOKK STOCK ... SALE PRICES LOW AND HIGH STOCKS Range for Previous 142 *142 145 22,700 8% 8 Vb 1 - 300 7% 8% 8'A 8% 22% 22% *22% 23% 24 24 33 Va 33 Vb 33 33% 32% 33% 2,900 12 7% 121/4 12% 13'A 13 13% 20,300 ■ T 24 27 18% Nov 26 17% Jan 10 Jan 25 33 Dec 15 25% Jan 6 -38% Nov 16 47 % Nov 23 41% Jan 17 57% Jan 4 88 Nov 29 83% Jan 6 Dec 20 42% Dec~23 14% Jan '14 July 22 25 Texas Mar 14 14 5 Oct 12% July 14 19 Texas Gulf Gulf Sulphur. 28 Texas Instruments "28% Jun 4.48% 6 Jan 9% Dec 50% Dec 4 13 107 Jan 15% Dec 172 Dec 27 9 66 Dec 29 4 12% Dec 31 Pacific Coal Pacific 7 Texas May 27 Texas 61 Jan 6 79 12 Jan 6 20% July Jan 18 5 19% Nov 19 7 19 % Dec 23 4 49 % Dec 23 46 8% Jan 22 17 11 9 Dec 39% May 17 6% Jun Feb 12% Jun Jan 7 Jun 1 9 7 Dec 15 2% Jun 21 ;1 12 Sep 24 11 % Jan 11 43 6% Mar 15% Feb 7 42% Oct 18 53 Dec 31 47 Jan 18 60 % Mar 24 92 % Jan 7 104 Dec 8 101 Jan 25 105% May 10 16 24 Jan 17 27% Nov 18% July 20 26 % Dec 1 27% Nov 4 52% Dec •' 5 28% Apr 7 Jan 6 58% Jun 23 13% Jan 31 3 17 >48 " July 22 12% Jan 5 15y8Aug 6 25% Feb 2 40% Dec 31 37 Va Mar 14 48% July 12 13 y, Jan 35% Jun 15% Apr 51 58 Ve Jun July 19 12 30% Dec 30 25% Jan 21 19 21% Aug 18 27% Dec 31 18% Jan 20 15% Jan " 4 55% Oct 26 60 % Nov 26 56 23 19% Dec 31 18 Mar 15 Dec 31 52 Mar 30% Nov 39 25 Mar 14 Dec 30 52 30% Dec 31 13 Apr 53 42 May 28 16% Jan ! 1 52 y* Dec 17 54 8 41% 41% 42'A 16,700 159 * 12% 12 '/8, 26% 26% 27 ' 1,400 61% 62% 63% 64% 35,500 10% 6,600 . 73'/2 733/4 59% Apr 19% 19'A 19% 19 Vb 19% 22'A 22% 22% 22% 22% 22% 19,100 4,900 22Vb 22 »/8 16 V2 16% 16 A lb% 16% 16 Vb 2,100 16% 17 16% 16'/a 5 51% 50 % *49% 50% > 50'A 130 51% 51'/a 50 51% 49% No par *121/8 12% *12'/8 12% *12'A 12% *12V8 12% 100 12% 12 1/8 12% 11% 12% 11% 11/8 11% 12/2 18,800 12% 46i/2 *46% 46 % 46'A 46'A 46'A 46% 1,540 46% 46'A 12% , Co ' 12'A common, *46 *2% 3 14% 15 491/4 48% 102 »/2 *101 25 Va Mar 14 31% Jan 19% Dec 6 15% July 12 20 Vb Jan 19 5 57% Dec 6 47% July 19 60 Jan 19 6% Jan 4 16% Nov 30 11 July 20 32 ya Dec 13 41% Dec 24 30 Jury '*15% 2% 2% 2% *141/2 { 15 r 48% -: 102i/2 471/2 *101 *, >. TXL 40% Mar 18 51'A 51 'A 52 »/4 52% 46% 45'A 46 45% 31'A 31 ' 45% 30% 31'A 30% 24'A 23 23 27% 27% 27i/8 27% 27% 58% 58% 581/4 58% 58% 211/4 21% 21% 21'A 22 »/8 1 50 *51 % 52% series A (conv) *51% prior preferred 1 (The) Corp 53 29'A .29% 53 53 29 % 29% ' 16'A *47" 11% 31% *51 % 28% 21% 53 29% 120 31% 32 Va 7,700 28'A 28 28'A 4,700 57% 57 57% 16 Ve 16% 5,100 9,100 52 'A . 29% 101 • 17 2,500 52% 51% 46% 46 "A 32 24,400 46% 32% 32% ' *23'A 24 200 24 *23'A 24 8,500 26,900 27% ■ 27% 27% 28 Vb *58'A 58% *58'A 58% 600 28% 22 22 22% 9,400 52% 21% *52 52 52% 300 29 28% 28% 53 53 53 30'A 2^7A 30 29% ,.,.,.16%; 45% 53 29 53 *52 102'A 32 »A 102 'A 31'A 1 27% *58V4 7,400 51% 16'A *23 3,300 56% 56%, >15% 24'A preferred Oil -.56% 15% 1 50 conv Twin 57% 15% 5 Inc . 28 28'A 56% 15% 51 52 • 4 28'/a > 49'A 31% 32'A 58'A ■'* 15 48%' *101 101 31% 15 48% - Williams Steel—-No par Transit com—No par __50 Coach Co_ 1 -5% 28 Va >28 47% 101 A 32% 2% 14% 47% 48% 600 2% 2% 2% *141/2 15 31 'A Twin City Rap « 31% - 2% 14% . '45% Tung-Sol Electric Co common 1 4.30% conv preferred 1954 ser__50 20th Century Fox Film , — 1 13 g 28% 28 ' -57- , A—__2 Corp2~2—;jA_——2 World Airlines Trans 32% 32% (The): Co Preferred 14 6,100 19 Ve :—No par 1 $2.50 convertible preferred 50 tThird Avenue Transit Corp.No par Thompson (J R)___ L15 Thompson Products Inc common__5 4 % preferred ; 100 Tide Water Associated Oil 10 $1.20 convertible preferred—25 Timken Roller Bearing.__—i~No par Toledo Edison Co (The)—Ai-*. 5 2 14 74'A 73% $1.25 conv preferred J——No par $2.70 53 % Feb 157 *155 73 % 22% Truax-Traer Coal Co common 33% Apr 10% 10% 156 73'A 73% 73% 19% 6 22% July 22 10% *153 156 *154 157 62 10% 10 % 10% 10% *154 12% *2b% 59% 60 58 4,»u0 12% 26% 19 Vb 59%'Apr 8 41% 12% 26%, 26% 19% 5 18% Mar 41% 12% 73% Transue & 18 - 10% 10% 452 100 Ry Co Tri-Continental Corp common 18 61% 59 Va 10 15 Jan 41 ' 19Ve Transamerica 13% Jan Jan 26% 24% July 13 - 14,600 55 102 'A 22'A Trane 6 1m Jun 41% *26 »/4 28% Jun 8 26% 28'/a 12% 24% Mar 11 Jan 13,800 27 . 22 26% Jan 16 36% Jan 34% Jun 103'A 27'A 55 54% 73% Thermoid 18 3,100 102'A 26% , ,__No par The Fair 30 46Va May 11 44 1% Mar 8% July 41% I2V4 $2.40 conv preference 12% July 22 55% IOIV4 27 40% 12% Thatcher Glass Mfg Co common July 12 6 7% Jan 29 4 53 2 11% Mar 16 July 30 20 19% Mar 16% July 20 38% Jan • 23 % May 10 13% Jan 13% Jan ' 55 Va 1011/4 American Inc common—50c Textron 5 54% 26'/4 26'A 41% *26% 200 , 100% t 1021/2 27% Oil Utilities Co ' 6% Jan & ( 55% 55 100% 12% ex-distribution—1 Pacific & 11% 12 41 Land Trust— Sub share ctfs 13 Jun 170 Mar 14 147 Texas July 22 13% Jan 9% July 11 15 11 46% Mar 6* % 6 47'% Jan 16 33% 27 1 Inc preferred series A__25 conv 22% 33 3% Producing Co Texas 16% Jan 5b'A 102%'' *22 No par 11 21 Texas 35 102 '/4 1 Co - 12% 55 % 25 Tennessee Corp__ 7 31% Apr ■44% Jun May 16 38 Temco 6 11 % 1 2.50 Corp___. 2 July 26% July 12 5% Jan Aircraft 17% May 62 '/a Jun-- 108 33 32% 5 Corp 22% *22 9 (Jqmes)_i.__ Telautograph 37% Apr 26 11% July 19 41 Talcott Inc '• 16 ,, 2,800 29% 29 54 300 2y%* 30 16% 16% 12,900 2,900 *53 % 16'A 16'A 16'A 16 »A 16'A 16% 50 47»A 471/4 48 48 11 11 11% 11% 4,200 11'A 11% 11 Ve 11% 11% 32'A 32% 32'A 33 32% 32% 25,700 31% 32% 32 V 50 *47 20 50 *47 u 7 14% Dec Feb 24 •38% Dec 29 7% Jan 4 27" 33 . 69 Jan 11 2 31 8 75 t Nov 70% Feb 16 89 July 12 80% Mar 14 11% Jan 4 23 July 23 20 28% Dec 21% Jan 25 15 92% Aug 3 99 85 Jan 7 94 99 Jan 5 105 , 113 9 Sep 28 Oct 14 27% Jan 7 100 59% Nov 24 50 38% Jan 4 105'A Jan 11 Jan 4 25% Oct 19 29 y4 Jun 24 45 % Jan 11 79 % Dec 20 66 3 103 '48 154 Dec 6 106% Feb 21% Apr 27 11 119% Dec 103 % July 20 51% Aug 23 38% Dec 29 139 31% Apr 6 113 25% Nov'n 103% Oct 29 14 Jun 1 49 Dec 29 27 40 Jan 29 27 107% Apr 20 19% Sep 23 50% Dec 23 38% May 26 Jan 12 3% Feb 25 6% Dec 29 80% Jan 6 6 'A Nov 4 Jun 28 11 88 Aug 23 12 May 25 11% Jan 4 17% Dec 17 15'% July 20 104% Mar 29 Preferred 14 178 Jan 20 22 Jan 10 6 34% Jan 110 Jan 6 Jun 16 103% Jun 29 17% Jan 3 44% Jan 13 34% Jan 20 4% Apr 1 72 Va July 18 6 Jan 7 8% May 17 31% Jun 10 36% Jun 9 11 y8 Jan 12 1 j/b Jan 4 18 Mar 14 2% Jan 15 3 31% July 21 8 35 Jan 7% May 34 May For 87% Dec~31 6 52 6% Jan 78 Jan 7% Feb 11 60 Mar 31 May 36% Jun 39% Mar 9 13 2 23% Jun 6 Feb 9 3% 33% July 1 56% July 22 29 184% Feb 10 No par 4 39% Jun 28 Apr 18 90 Jan 29% 29-,4 *103 % 104 24% 24% *52% 53 A 13% Dec 31 12% May 12 40% Dec 31 40% Jan 43 % Jun 5 15 *50% 50% 4/2 72 A 6A 10 A 70% Cig-Whelan Stores com—30c convertible preferred 100 United Corp (Del) —1 United Dye & Chemical Corp com—1 77c preferred— —100 United Electric Coal Cos —5 4% 72 'A 6% 10V4 *69% ' 16% 16% Engineering & Foundry:—5 14'A 15 ,a $3.50 United No par United Gas Corp.— 10 United Gas Improvement Co—13'A United Merch & Mfrs Inc -1 United Park City Mines Co (The)—1 U S & Foreign Securities 1 United U U U 3 3 No par United 15 179 285 4 page 6 16 Mar 14 81% Jan 17 5 see 12 11% July 22 16% Mar footnotes No par (Delaware) July 21 Jun 214 19% May 54% Mar H preferred Carbon Co 46% 145 144% 145 called of America—_No par Board & Carton Corp 11 6 Dec 46 United »i 101/e 101 A 53% 54 A 104 lbb /4 50 /4 51 29 A 29 A 67 A 68/4 105 105 144 United 18 % Jan Dec 184 «9 10 30 25 13 Va Mar 14 38% Aug 19 18% Dec 31 25 preferred Biscuit 40 » /« 91 9i Sb /e 97/s 28 /4 29 /4 29 A 29 /2 110 A ill A *96 99 1952—100 Air Lines Inc common 25% July 22 55 % Jun 15% Feb 35 Jan $4.50 15 4 4 175 United 78 % Jan 13 18 4%7c 3 27 33% Mar Nov 23 Jun 66 27% Jan Dec~30 Jun 31% Jan 5 100 J9/b 15% United-Carr Fastener— 2 38% 21 108% Feb preferred Preferred 4% 7c series of 150 Va Apr 150 Mar 15 Aircraft Corp common convertible 57c United 48% Apr 21 25 common—50 noncumulative preferred—_50 Tank Car Co No par United 94 51% Feb 233 Union 32 % Jun'/' 3 106 Apr Pacific RR Co 4% May 16 31 4 Union 4 par Oil of California Union Feb Jan 52 Dec 11 7 Apr 27 59 May 12 Jan 17 57 22% Jan par Preferred 4 114% Jan par 14 45% Jan 2y2 Sep par Preferred $3.70 Jan Jan No series——No $3.50 series No $4 series—a No Preferred $4.50 series— 91 6 Aug 17 29 8 Union 26 5 Mar 16 26% Jan 9 4% Jan 63% Jun Jan 7 30 13 70% Apr Union Apr 50 Va Jun 28 Union 100 139 87% Jan 1 30 No par 5 20 Carbide.& Carbon No par Chem & Materials Corp—10 Elec Co of Mo common 10 Bag & Paper Corp Union 30 98% Jun Nov 24 Apr 22 31% Jun 108% Mar 22 87 4 102% July 6 Jan 28 Jan 96% Jun 43% Jan 104% Jan 16 43 Vb Jun 4 May 8% Jun 10% Aug 16 1 Udyllte Corp (The) Underwood Corp _J__il—' Union Asbestos & Rubber Co 15 16% Jun 6 13% Jan Q 11 % May U Fruit Co No par 20 7% preferred 100 S Hoffman Machinery com—1.C5 4V4 "o preferred 100 S Industries Inc common 1 4% 7c preferred series A —50 S Freight S Gypsum Co__ Co common 53% 31% 37% 20% 2% ?2 49 59 Va 32'A 38 20% 2% 32 -A 49 271% 279 *182 184 36Vs 27 *82 84 14% 14-/8 *41 /4 43 *15% 38% *8% 15% 15% 15% 15% 15% 16% 5,900 16 39 39% 39% 40'A 40'A 41% 12,300 39% 8% 8% 8% 8% 8% *8% 8% * 1,800 89 89'A 89 90 89% 90'A 3,200 90 95 96 96% 97% 97% 99'A 30,000 96 28 28% 28 29% 29% 29'A ' 89 94 *111 112 111 *96 99 28'A " ♦96 91 91 102% *101% 53% 54'A 53 'A 164% 28% 29'A *111 28% 6,400 29% 29% 29% 20,100 111% 111% 111% 240 28 % 28% *96 99 *96 99 -1_ 99 90 »/2 *101% 161 29'A 111 »A *90% 91% *90% 91% 120 90% 102% *101% 102% 102% 54 162 161 ♦101% 53% 54 162% * 163 50 12,300 54 53% 3,000 164% 164 1,700 51'A 51'A 51% 51'A 511/4 58% 51 51% 29% 29% 4,300 29% 29% 29 7A 29% 29% 29% 72% 72 73% 15,200 66% 68% 105 Va 105% 44% 45% *138 143 *138 143 29% 104 24% 29% 104 67'A 69% 105 105 44% 45% 70 *104'A 105'A *104'A 105'A 300 45% 46% 46'A 47% 24,500 29'A *103'A 145 145 *144 155 l,3oU 142 142 rl40'A 1-145 145 rl44'A 144'A 1,000 141 29% 105 24% 24'A 24% 29'A 29% *103% 105 25 24% 52>A 521/a 52'A 52% 52'A 52% *50% 50% 50"% 51 51'A 52 4% 4% 4% *71% 72% 72% 6% 6% 6'A 101/4 10 'A *68% 7OV2 16% 17V8 53'A *51% 53 4% 5% 5»A 73% 6% 6% 6% 6% 6% 10% 11% 260 14,900 7,800 10% 10% 10% 10% 330 70 71% 70 70 70 V* 70 17 17'A 17'A 17% 4,600 17 15% 9,600 ♦16% 14% 15 Vb 15 15% 15 57% 58'A 57% 58'A 57% 58% 32 31% 31% 32 31% 32 'A 31% 38 'A 37%' 37% 38 38 Va 37% 37% 21 20 'A 20% 21% 20'A 20% 20% 2% 32% 32 49 49 278 280 183% 183'A *182% 35% 371/8 36 % % 278 *82 2% 2% 32% 2% 32 "8 49 84 400 77'A 72% *76'A 57,400 5% 76% 4% 14% *82 2,300 54 58% 2% 1,900 25% 15'A 2% 230 105 *103'A *24% 4,900 30'A 29% 31% 51 % 52 55 281 280 280 184 182% 184 38 3 7'A 84 *82 32 'A 37% 84 14% 14'A 14'A 14'A 14% 14 Vb 41% *41% 42 % *41% 42% 41% 58% 17,400 32% 21,100 38'A 1,500 21% . 13,100 2% 32 8.500 32 % 2% 12,900 4,400 56'A 55'A 278 275 *182'A ' 37% 3,200 10 184 36% , 15,000 84 *82 % 14% 11,400 42'A 14'A *42 200 26. i - 1 23 The Commercial and Financial Chronicle !6 Monday, July 25; 1955 ,.. (334) NEW YORK STOCK tattfC iliM Jan. 1 Highest Year 1954 ' ' Highest Lewe«» 20% Dec 28 21 8% Jan 7% Feb 24 8% Dec 36 % Jan 4 77% Dec 59% Feb 3 Jan 11 39 Nov 29 70 % Jan 7 91 Oct 79 % Jan 11 - Jan 6 42% July 6 91 Dec 6 6 157% Jan 49 May 12 54% Jan 17 61 Jan -18% Oct 24 26 4 Jan 7 4 9S Dec 1 4 3 Dec 31 ' Jan 154 "7-% United 14% Apr 21 •i 100% Jun: 14 14 1% Jan • May 26 '21% Jan toy* Mar 2 4 * 31 11 41 % Mar 14 31% Oct 14 40% Dec 20 11% Jan 4 .19% Oct 5 28% Jan 7 .,32% Dec 31 5% Jan 30% Jan 4 4 48% Oct 4 Jan 11 2 25% Jan 36% Fab 11 33 114 Jan 99j i- 2 Inc Co 46'/*. *90% « 53 170% 53 'A 19% - 37 ' *36 Va *13% 13% 19%" ' - ». 900 .-96,100 - 164 % - . 6,900 . - 53% 164 719'A 90C 170% . 53 53'/a ;i9'A *36% ■ 21,700 65 - 2,100 - 54 65 -64 -164% 164 10 - 46%--47% • 53'A 63% - 52% 8,700 39% 101% 171 % £1% 600 - 92% ' •.101% 46% 171 * 164% Raalte <-5,300 V ■ :;i9V,19% - 45 30. 100 82% 82% ...48% com 1 ... 4,900 .15% rioo 2% 1 100 . „ 1%, * 2 C 20% 19 % '*19% '"'v...' 30 3,600 •• '20% 44- 43%- V. ; 43% ! : - 166 Va '165 1,100 42%' .43% ' 32% 32% 32% 166'/a " : 32 %" 32% *165 -600 100 ' 29 % 2,800 29 V2 I " 166 % 29% *29%, 29% *82% 83% ."83'A 83% "■ 83%" 83 y4' '-270 48%' 48 4 8 'A'" ' 48% "48% 3,000 40% 40% 40% 42% 16 , 29% "48% .83% ., 2 * " .*32% >' "3,500 11% ' • 2>/a 20% 11 7 " .98% *97'A 98%* ; f 165 16 Va 15% 16 40'/a -40% _ 15% , 36% 15% .... 16 Va 36% . 36% 36% 7% 63 Ry com. 100 130 noncumulative preferred__100 7% 63% 7% 2.50 Pacific ; .'.,48% '.48% . -40'A ...41 10 Co. Si * 11'A 10% " %; 3,600 13% - * l 2.50 Inc Chemical .83 v 240 -r 34% *13% ~ "11 V* *19% -43% 29.'/*, .'.29% •% 49 166 ... •*97% 32% ' 11 ; "i -45 - ; - 36 ^ 13% 13% " w : 20 *32% *165 37 " 11 .*19% 166% 29% Co Shreve ' ; 33 » „ r;98,; .'98 ; ,2. ; 2%, ;• . 45 *165 1 10% 2%. 20 Light Co__._Nopar Si Power Vkks 101 Jun 63 Va '130 • 30% 7% . ' 7;% 7% 63% €5'A *130 • 1,000 7% 7% 3,800 63% 643/8 4,100 333/4 9,200 - 7% 63% *130 ■ 3,600 '363/4 36% 36% 36% 62% .; 7% *130 ' . 42% 15% 7 16 ' 36% 64 - 7,800 "-"42% " *130 —- 9 101 Feb 14 37% Jan 3% % div 6% 7 13 103 Feb 106 Virginian Ry Co 6 % preferred 43% July 15 29 31 30 Jan 4 11 68 Jan 9 10% Jan 19 18% Mar 23 7% Wabash 0 2 6 30 Oct 21 9 Mar 26 76 Dec 23 74% Jan 19 85% Mar 25 92% 43% 42% 43% 136 % 136'/a 136 % 43% 39% 39% 39% 116'A 100% 102 Va 105 - 105% 25 43% - 80 80 *91 43'A 43 136% *136% - 115 *115 102 *101% 103'A, *101% 102'/a. • 106 *105 106 *43 39% 115 . 81 *16% .17 *28% 29% *28% *80% 81% *80'/a 13% 13% 13'/« 133/4 13% 29% 29% 29% 30 1,300 74'/a 74'/a 74% 74% 2,000 13% 14'A 14 14'A 42,700 8,600 30 *74 Ve 74% 13'A 13% 13% 90C 32% *80 17'A 13% 81% 13% ,313/4 ! 32% 80 30 *80% 500 43% 80 13% 100 No par - 1° 10 8,000 105 . 3'A 4 - 32% 81'/a 29 116 105 3'A ,-43% 31.% ,32%, 4 43% 13% 30 7,800 39% 39'/a 116'A *80% *29 20C - 29 20 39% 39% 4,300 140 *136 »/a 140 Va 10 44% *105 43% 16% 16% 92% 443/4 - 39% *16% 17'A 44% , 102 79 *16% 33% *90 92'/a - 115% • 32'A > 10 preferred 92% 136 »/a 106 < J 33% 33'A 42% v 79 - *91 102% 32'A 32% *32 25 - *100% ' J *130 ' 33'A 32% 39% 43 __5 116 116 *105 43% Vulcan Detlnning Co common 31% Feb 24 92% 116 common (The)..— Visking Corp 33% 100 100 »$4.04 dividend preferred. $4.20 dividend preferred 30 % Dec May No par preferred * 92% T35 May 23 90% Mar partic 33 *91 100 1 33 100 com 34 33% Virginia Elec Si Power Co com_.10 $5 preferred 100 117% Jun v 5 preferred Va-Carolina Chemical 40% July 14 3 Jan 2. *130 *130 *130 ~ 61% Mar 21 21 . Jan 5% Victor Chemical Works common 28% Apr 26% Apr Pictures preferred 40% Dec May 17 39'A - 104' - 200 72'/a ' 3,800 _ ^ 2 10 Nov 4%% 71% May 19 16% Dec .31 4 Mar 25 13 146% Apr - 98 ..*19% ;.*32% 11 28 107 4 25 % Jan 94 Oct 116 51'/. ' * 64% - 164-% - 19% 37 *36% *13% A* .. 11% ..*43% Vlck II 1 33% July 28 19 57 37% Jan Jun 104% Nov July 19 - 51% - 72% 39'A *102 8,200 109% • 152% Aug 30 Jan 27 101 % Jan 133% Jan 4 2 1 - 31% May •91 "Fab 95% May 26 4 99 13 130 — 2 Vertlentes»Camaguey 8ugar Co__6 % 4 20 130 % May 30 Jan 65 14 ..1 Van July 21 133% Jan 24 July 30 Jan 10% Apr . 47% Mar 19 Aug 27 20 19 133% Jan 27 - 134 89 4 -32% Jan 136 112% Jun - 171% 51 64 - 53 164% 19% 19'A 37 10% 50 Vanadium fforp of ^America Van Norman Co 7 39% Feb -11 ie% Mar - 19% Universal Leaf Tobacco com.No par : 8% preferred 100 ' 47%-Apr 28 19 13% May 13 6% Jan Feb 18 Utah 42% Dec 123 51% 164% 37 preferred—No par convertible 4% July 18 21 7% May 19 57% Dec - 3 convertible $6 '49 63% Jan >4% Jan > . Jan 7 Feb -3 34% Jan 36% Dec 53'/* 164% United Stores $4.20 noncu 2nd pfd_5 18 ■<^'91 26% Mar 19 ft 82 % July * 4 ' - ' 101 i '-90% V 92% 1 8% • Universal 31 26% Jan 64 .*13% 1 preferred Universal-Cyclops Steel Corp '■35*-' May 83% Dec Mar 26 51% 52% 25 Stockyards Corp United 'Wall Paper Inc common 170- 40% May 17 iU 32% Nov 23 124% Mar 26" 170% 50% 63%' 39' r* - 104 -22% 8% -73 Shares . 22% "• lOOVa 72 46% 171 170% 164% .No par noncumulative preferred I .30% Fab 23 5 126 - 45% 46% 65 170% 51% *64 .... 8 • 141% Jan 21 11 ■ • 45% -*•100% tbe Week — July 22 22% 8% 92% *102 j -*8% - - 39 *90% 92% *' • ~ Corp common... No par .100 U S Tobacco Co common 2 H 18% Jan 8 Steel S 7 -74 38% 39% 103 52 170% Si 1 7% -preferred 1 16 32 y2 Sep 12 18 , 14 169% Nov 26 22% Jan U It % Feb • Jun 16 . "44% Dec 31" 26% Jun Ref 38'/* 103'- 46% 46 5 100 • ' 8/% 73% ' 74%". *90% 91 105 - 98% 101 *74 39% 91 . *103% 100 preferred IOO Min com 50 ' ^50 1st Smelting *37% Jan II- * Jan ; 1% 20% Dec 31 12 6 14 Apr S 7%- preferred 15% Jun . 17 Jan *,10 11% July 14 "5 11 % May 166 V 35% Mar 17 12 y« Jan 1% Jan ' U * i 39 1 J..100 preferred series B 8% .-noncum 23 18 Feb Corp common 3%%; preferred series A U S Rubber Co common 24 : 57'% July : 9 17% Jan 1123 73% Jan 6% Jan 100 74% *8% 8% 22 Va 22% 22% 22% *8% 101 *73 10 Co Friday i July 21 • -V, 38% Mar W13% Nov Playing Card 3%% 66% Feb 40 y* May 44 Jan , 65 - 11 156% Mar 14 Dec 27 July 18 172% Jun 1« 7 29 64% Sep . July -6 51% Jun 22 -39% Mar 14 59% Dec 26% Jun 8 22% 8% ♦100 Thursday July 20 July 19 , 22% *8% 20 - U S Plywood -4 107 Jan 163% Oct 35 10 Foundry Co U 19 46% Dec 162 U S Pipe & 22% Sales, far PRICES Wednesday * July 18 1 common preferred 3 84% Mar 21 6 4 ' Co Par , ' Jan 35 26 4 Jan Lines 4% Ve - 14 S 75 % Mar 13 143 U 15 \ Tuesday Mtidaj ' EXCHANGE 109% July 22 cey« Jan tl 37% Jan 134 % Jan " . . 97 103 13 29% Jan • 70 6 68 % Dec ' ".••24% Apr 9 'A Feb 4 Jaa NEW YORK STOCK w Leweat 19 29 13% Mar 17 24 SALE LOW AND HIGH Treeions Range fer ' EXCHANGE STOCK RECORD • 82 . - 82 * 700 „ 10% 17% 500 *283/4 29-3/4 10 , 29% w 60 11% Aug 2 13 Mar Jun 51 27% Dec 72 Dec 9 16% Jun 22 101% Jun 21 9 12% July 15 10% Jan 21 '/a Sep Jan 13% Jan Dec 6 Walgreen Co Walker 15 3 (Hiram) G 13% Jun 3 Wardell 20 18% Mar 14 21% Jun 17 Warner Bros 22 30% Mar 14 37% July 22 29 39 21 42 Pictures 30% Jan 39 Dec 23 39 25% Jan 40 Dec 29 32 Jan 13% Jan 24 % Dec 20 19% May 14 26% Dec 2 9% Jan 5 17% Dec 17 10% Jan 4 14% Dec 21% May 23% Jan 8 25% Jan 31 4 30 /» 6 13% Jan 6 6 4% Feb 8 96% Dec 22 17 23% Dec 16 II 9 17% Mar 99 106 Apr 96 99% Feb 10 30 % Dec 16 23% Jan 4 41 % Nov 29 105% Aug 10 110% Oct 29 9% May 20 8% Jan 4 18% Dec 105% Jun 4 30 19 35 Jan 31 27 27% Apr 110 Jun 13 28 34% Dec 28 30 Jan 6 41% Apr 26 68 Dec 29 62 Jun 104 29 Apr 20 2,400 35% 36 35 35% 35 '/a 36% 373/8 37% 48% $4 Oil 8nowdrlft & convertible Indies Sugar Corp Power 1 Virginia Va 25% Oct~28 27 Jan 11 85% Mar 15 5 Jan 4 21% Mar 8 20% Nov 12 29 Dec 7 27 30 Jun < 6 05 10% Aug 16 273/4 Aug 16 26 Jan 84% Jan 36% July 28 100% Dec Mar 14 103'A 30 *102'A 103% *102'A 103 '/a 2,000 C 100 102 5 7% Mar 30 22% Jan 22% Jan 18 11% Jun 37 Feb 25 12% Dec 31 10% Jan 4 14% Apr Jan 22 78% Dec 10 78 6 85 9% Apr 7 17% Oct 20 12% Feb 19 20% Dec 14 28% Jan 9% Mar 18 . 18% Mar 21 July 6 333/4 Aug 2 30 Jan 21 1473/4 Dec 16 140 Jun 14 8 21% Dec 23 21% Jan I 24% Feb 69% Nov 22 66 T 96 543/4 Dec 3 Mar 14 39% Jan 14 40% Apr 30% Jan 23 4 53% Dec * 6 48 77% Jan 4 96% Nov 92% Jan 116 77 Jan Jan 7 12 192% Dec 94 6% Jan 22 37 Nov 11% Oct 8 6 12 Jan *40 48'A 47'A 109% *108'/a 179% Jan 86 7 t Mar 22 8% May 16 52% Jan 27% Apr 60% Apr 13 21% July B Sewing Oil Wilson & $4.25 8 Co Winn Inc 6% July 11 Woodward 52% July 20 Woolworth 59% Mar 30 69 69 64% 63% 62% 63 64'A 2,600 63 24% 24 % 24'A 24% 243/8 25% 40,800 24% 28% 29 28'/a 28'A 28% 17.2G0 28% 683/4 77,800 28% 28% 67% 10 31 52% July 100% Ma; 18 212% Apr 11 103% July 7 12 Feb 3 71 July 8 27% Jan 3 17 6 Yale & 11 York Corp 1 61% Jan 13 25 32% Anr 26 May 27 Dec 9 38 Jan 74% Dec 31 67 % Jan 6 92% July 15 15 Dec 31 14 Jan 6 17% Jun 96 Nov 29 85 Jan 18 6% Jan 5 25% Jan Wyandotte 28 4% % 56'A 57'A *103'A 103% 2S-G 31% 31 Va 313/4 19,800 28 Va 28% 28 Va 1,000 28% 28 Va 9.5C0 *28'A 28'A 42 43 101 100% 42% 43 'A 43'A 4334 lCl'/a 101% 101% 101 % 440 10% 11% 10% 11'A 11,800 25% 25% 26'A 26'A 30% 30'/a 30% 30% 3,100 12% 12% 12,200 85 85 43 101% 10% 10% 10% 25% 25 V2 25% 30 29% 30% 12% 12% 12% 12% 12% 85 85 *83 12% 12% 12% *12'A 23'A 23% 23% 23 % 23'A • 23'A 33'A" - 12% 23% 34% 23% 33% 33% 142 12% - " 33% 22% 33 Va * 142 * 14 0 Va 22% 22% 23 85 22% SO 51% 52% 52% 52% 52% 52% 51% 52 95 94 95% 95% 95% *94 95 95 89 . - '188 200 *188 195 191 103 *101% 103 102 102% 142 10 23 2.4C0 91 'A 1,600 523/8 59,103 51% 7,0C0 52»A *95 *180 195 103 103 No par 101 Co.. .5 10 10% 10'A 10 »A 10% 10% 10'/a 10'A Co 28 69% 69% 69'A 69'A 68 69% 69% 1 21% 21% 21% 21% 22'A 22'A 22% 69% 23 Va 54 *54 *26 Mfg common convertible 50 preferred Young (L A) Spring & Wire.No Youngstown Sheet & Tube No Youngstown Steel Door No 69'A 69% 2,200 23 23'A 11,630 54 54 55 54. 25% 26 25% 25% 26 26 89 88% 90 16% 16% 1€% 16 Va 117% 117% 7% 7'A *54 par 89 Va 91 Ve 86% 89'A 88 par 16 16% 16% 16 Va 16% 114% 115% 114% 7% 7'/a 7% 89 Va 2C0 55 26'A 1,230 89% 22,200 16% 2,730 ' 63 % Jun 9 4% Feb 26 * Ex-dlvidend 7% May 20 v fi, ' 9 Zenith Radio 10% Mar 23 Zonite Products 134 150 6al€S on this day' f Nome changed from May No par Corp Corp 114% 1 7% 117 7% *In receivership, or petition has been filed for the company's reoiganizal Continental Diamond Fibre Co. d Name changed from Deep Rock Oil Corp. a 117 116 7% Deferred delivery, 7% r Cash value. 330 3,400 10 3/s 26'A 26 20 , 10'A 55 *54 par 460 96 103 *102 10.4CO 503i 199 188 191 34'A 22 3A 90 52% 52% 91% 3,400 90 Va 90 50 52% 91 Va ICO 23 Va 34 22% 50 92 2C0 12% 23% *140% 142 53 92 4C0 *12'A - ' 34 140 Va 33'/a 140 140 23 Va *83 (Del) Worsted Towne 55% 103% 31'/a *12'A 49% Jr 55 Va *103'A 32'/« *83 52'/a (Wm) 55% 103% 10% 30 15,100 31% 12% lo Wrigley *127 21% 23 10 28'A 2C0 102 *127 54% I 33 42% *101 101'A 84 140 • 101'A *103'A 56 103% 66% 68% 68 Va 102 12% Corp common ie Prior preferred 4%% series__100 Prior pfd 4%% conv series. 100 Co 68 66 *101'/4 84 *12 Corp__10 Co. 66'A *25% 26 30 55 32 100% 10% 10% Worthington Iron 43% 101 *25% 1 28% 100'/a *127 102% 28'/a 28% 43 No par 65% *127 101 1 28'/a 100'/a 103 *127 100 (F W) 68 70% 24'/a 65% No par 10 Service 68 43.9C0 1,900 62% *101 5 Public 20 47 25 1 preferred Wisconsin 21 103 45% *102 69 57% Lovett Grocery Co Wisconsin Elec Power Co com 48% 70 34 Va & 28'A 102'/a Va 68 Va 103% : 28 Vo 45 56 common 5,600 63% 20 Co 28 3/a 48 33 preferred Wilson-Jones 5,200 28'A 44'A 103 common 223/4 24% __10Q Machine 22% 44% 12% Co.. 10 22% 39% No par Prior preference 2,000 108% 102% 28 103% 42 1083A 110 63% 100 • 45 46; 300 46 *41'A 43 270 63'A 100 common 22'A 22% 28 *102 *108'/a 69% *68 (The S 8) .III20 Mfg 28'A 103% 45% Va 42% 41% 10 series preferred Wilcox 14 20 11% Jan Brake 47 110 22'A 22% *41'A 43 47 *108% 28 103 103% *40 47% 110 *102 28'A 27% 102 100 22'A 23'/a 22% x *102 43 *40 43 47% 107% 26% 26 'A 26'A 102 5 - Mar 14 8 13 White 102 103% 100 Corp com preference Motor Co 35 Apr 27 148% Jan 13 " 45% May 12 54% Nov Jan 21 % Sep 51% Jun Dental 12% July 20 26% May 11 18% Jan 137 White Mar 10 8 prior White 27% Jun 28 70 Jan 29 4 4 26 Va 26'A • 5 Steel 263/4 111% Whirlpool Corp 5 % % 7,800 20% 20% 20% 20% 103'A Wheeling 8 26% 20% 20% 111 6 101% July 6,600 26% 58% Apr conv 21% 105 Wheeling & Lake Erie Ry $5 21% 21'A 1,000 *163'A 6 15 38% Apr 25 29% May 4 43% July 15 22 5,600 105 July 103% Apr 360 22'A 22'A *103 Westinghouse Electric common.12% 2 87% 213/4 *87 105 Westinghouse 49% Mar 14 36% 21% *103 15 06% Jan 36% 87 21% 105 83% Feb 21% Jan 26 36% 87 21% 103 31 31 36'A 87 21% 100 80% Dec 30 36'A 87 B 5 54% Dec 36'A 86% 21% 110% preferred Air 36% 86% 26 Va Supply Co common_10 preferred 36% 110% 5 3.80% 36% 87% 26 Western Pacific RR common.No par Western Union Telegraph new__2.50 103% Mar 18 2,100 111 98% May 26 1,70G 2,300 33/4 *110 ; 2nd 16 Va 33/4 20% 4.80% preferred 100 Western Maryland Ry common__100 noncum 16 Va .3% 110 Western Air Lines Inc 4% 16% 3% 110 common preferred Western Auto 25 16% 3% 111 Coke & 16% 3% 110'A 5 Paper 16% 3% 22 4 series Coal Pulp & 4%% 16% 3% 100 series preferred 16% 3% 17 pfd 4%% preferred " 87 No par 50% Jan 96 % Dec 1,400 1,700 *22 36% com._2.50 preferred Kentucky Coal Co Penn 22 3% 9 4 1,700 3,400 23 5A *16% 15 4 413/g 23 5 Co 32% Feb 30'/a May 41 'A 22% 1 Investment 28% Jun 82 % Jan 41% 22% 18% 73% Jan 129 41'/a 22% 2,500 233/4 7 May 23 41% 41% 18'A 4 127 41 'A 41% 233/4 6 10 41% 18 23% July Dec 41% 41% 24'A 25% Jan 132 41% 41% 38 59% Jan May 14 24,600 41 Va 48 24 22 127 53% 7'A 17% West 48% July 21 86 % Apr 21 8 52 24'A 17 28 4 52 *17% 27% Dec Jan 48 Va 17% 65% Dec 64% July 47 49 24% 4 100 50 49 17% 9 27 48 Va 48% *24% 22% Jan /Dec 48 49% 1 49% Jun 104 37% 48 49 Va 24% West 9 22,100 36% 48% 49'A *48 17% 4.10% 30% Mar 24 29 102 Apr 22 19% 24'A 14 25% Jun 6 19% . 18 10 Jun 19% 24% 4.20% 47 July 7 48% May 19 24% Jan 106% Apr 16% Jan 19% 22'A 27 104% Nov 7 Jan 19% 5 Mills West 18 19% 40% West 101% Feb 19% 19% 5 West Penn Electric Co 19 2,500 20 22 6 104% Nov 11% 40% 7 Apr 27% Jun 120 11 % 3 Co... 5 113 7 Jan 4 21% July 9 1023/4 11% 18 22 Wesson 15 23 % Mar 14 18'A 1023/4 11% 41 West 107% Jun 17% 102'A 11% 41% 91 5 17% 3 02'A 11% par Welbilt Corp 8 112 17% 103 'A 11% 17Va 40% Webster 7 Oct 4 No Corp Motor Wayne Knitting 19% Dec 13% July 26 17'/a *102'A 11% 102 'A 41% 25% Apr Feb Jan 17% 1031/4 12 * No par 40% May 27 Jan 3 4 85 43% Dec 5 33% Apr 20 5 77% Jan Pipe & Wayne Pump Co 17 1,000 11% 17% 103% 103 No par Waukesha 7 16% July 2% Jan , Wash Water Power. 1 Apr 12% - 81 Washington Gas Light Co 1 41% July 3% July 21 30 104 % Jan Petroleum 21% Mar 24 % Jan 17% Feb Foundry Warren 16 % May 16 13 13 Va - 80 % Pharmaceutical Warren 42% July 9 Inc Co S 62% Mar May 12 Jan 11 73% 17% 100 x 53 % July 22 1 Feb 52% Dec 30 73% 12% 1 Corp 43% Dec 30 74 * 81% 5 Baking Co common.. preferred ] 6 30% Jan 30 74 No par 2.50 5%% 25% Jan 2% Apr W . 1 Ward 3 Warner-Lambert 37 Jan 17 & ... Jan 105 -29% 10 Walworth Co 24% Jan 9 10 30 preferred Waldorf System 14% Apr 7% Jan 27% Dec 8% Dec 9 4%% 27 74% Jun 66% Apr 27 105 % Dec 5 % Jan '19% May 100% Aug 31 % May 2 27% Jan 31 Jail 24 7 14% Mar 9 12% Jan 3 RR 124 8'A wdWhen 5,100 10,500 distributed. Number 5449 Volume 182 (335) The Commercial and Financial Chronicle v.. Bond Record New York Stock Exchange «» FRIDAY The - italic In the' column letters WEEKLY - YEARLY • 32nds of a point decimal point represent one or more Highest Lowest Lowest : Monday Highest July 19 Lew EXCHANGE Low High BALI rRICKS Thursday High Low Bonds (») Low High 105.12 *105.8 105.14 *105.10 105.22 the Week July 22 High July 21 July 20 Low High Sales for Friday Wednesday Tuesday July 18 HIGH AND LOW Range since Jan. 1 Year1»54 - GOVERNMENT BONDS NEW YORK STOCK Range for Previous bonds mature. "Interest Period" Indicate In each ease the month when the headed Figures after ■ 105.24 ♦105.22 105.26 *105.18 ♦100.2 100.4 *100.2 100.4 ♦100 100.2 *69.26 99.30 .1956-1959 ♦101.13 101.17 *101.14 101.18 ♦101.14 101.18 *101.14 101.18 *101.14 101.18 1961 ♦99.28 99.31 *99.26 99.29 '99.21 99.24 *99.12 99.16 *99.10 1958-1963 ♦102.28 103.4 *102.28 103.4 ♦102.28 103.4 *102.24 103 *102.24 103 1960-1965 ♦104.20 104.28 *104.20 104.28 ♦104.12 104.20 *104.12 104.20 ♦104.8 104.16 1956-1958 ♦100.8 100.10 *100.8 100.10 ♦100.8 100.10 *100.8 100.10 *100.6 100.8 Treasury 3%s 10 108.2B Jan ♦105.20 Treasury 2%s Treasury 2%s 10 1978-1983 1995 Treasury 2%s 103.23 Jan Treasury 3s 108 Feb Feb 19 108 19 Treasury 2%s Treasury 2 Vis — Feb 103.4 1 Treasury 2Vis 1 Feb 100.4 195u 100 99.14 *99.29 99.31 ♦99.27 99.29 *99.26 99.28 98.13 *98.8 98.11 ♦98.4 98.7 *97.30 98.2 *97.26 97.30 *96.26 96.30 ♦96.22 96.26 *96.10 96.14 *96.8 96.12 *97.20 97.23 ♦97.15 97.18 *97.6 97.10 *97.2 97.6 *99.30 100.1 ♦99.31 1961 -Dee 15 Treasury 2Vis *99.28 ♦98.10 100 —1962-1967 ♦96.30 97 2 -Aug 15 1963 ♦97.22 97.25 Treasury 2Vis 1963-1968 *95.30 96.2 *95.26 95.30 ♦95.22 95.26 *95.10 95.14 *95.8 95.12 Treasury 2Vis June 1964-1969 *95.16 95.20 ♦95.14 95.18 ♦95.8 95.12 *94.28 95 *94.22 §4.26 Dee 1964-1969 ♦95.16 95.20 *95.14 95.18 ♦95.8 v 95.12 95. *94.22 94.26 1865-1970 *95.8 95.12 *95.6 95.10 ♦95 95.4 ♦94.18 94.22 *99.14 99.18 1966-1971 *95.2 95.6 ♦94.30 95.2 ♦94.26 94.30 ♦94.10 94.14 *94.6 94.10 ♦94.26 94.30 ♦94.8 94.12 ,*94.6 94.10 '94.22 94:26 *94.6 94.10 *94 ♦94.26 94.30 *94.8 94.12 *94.4 94.8 Treasury 2Vis Treasury 2 Vis > ' 98.29 Feb Treasury 2 Vis Treasury 2Vis Treasury 2Vis Treasury 2Vis Treasury 2Vis Treasury 2 Vis Treasury 2Vis Treasury 2Via Treasury 2 Vis Treasury~2Vis Treasury 2 Vis Treasury 2 Vis 100.12 Aug 25 190.12 Aug 25 IOO.29 July 29 15 99.20 Feb 15 99.20 Feb 13 2 00.17 Oct 7 100.17 Oct 7 *94.28 ♦95.4 95.8 *95 95.4 *95 " 95.4 *94.26 94.30 *95.2 95.6 *94.30 95.2 *99.12 99.16 *99.12 99.16 ..*99.10 99.14 *99.10 99.14 *99.8 99.12 1958 ♦99.22 99.24 *99.21 99.23 *99.20 99.22 *99.20 99.22 ♦99.18 99.20 1956-1959 ♦98.30 99 *98.30 99 *98.29 98.31 *98.27 98.29 *98.27 98.29 June 1959-1962 ♦96.31 97.2 ♦96.28 96.31 <596.22 96.25 *96.14 96.17 *96.12 96.16 96.24 *96.13 96.16 *66.12 96.16 97.14 *97.4 97.7 *97.2 97.6 June 1967-1972 w Sept 1967-1972 1967-1972 * 1957-1959 - ' 15 — Dee 1959-1962 ♦96.31 97.2 *96.27 96.30 *96.21 1960 *97.17 97.20 *97.16 97.19 ♦97.11 Nov 15 Bank for International Reconstruction Ac Development Jan 7 100J Aug 93.8 Jan 4 100.8 » 94.24 Jan 6 102.16 Aug 9 Feb 2 102.8 6 102.24 Feb 1 104.12 Man 10 10r^ 201.16 Jan 102.28 Feb 13: 24 104.24 July 1* 1 101.20 Feb Apr 93 May 25 . 101.16 Mar 26 17 102.4 - 100.12 Jun. 22« 101.4 103.12 Feb * Mar 104 Jan 7 . 8-year 3s IB-year 3Vis 15-year 2 Vis 1950 No sales transacted this day. •Bid end asked priee.; IThis Issue has not Last Period New York Stock Exchange or Sale Price Panama Issne— Canal Low Low ♦99.16 1950 104.4 *103.20 104.4 *103.20 104.4 100.16 ♦100 100.16 ♦100 100.16 *99.28 100.8 100.8 *99.16 100.8 *99.16 100 *99 99.16 *98.16 99.16 98 *97 98 ♦97 98 *97 " 98 *S7 97.16 *96.16 97.16 *96.16 97.16 ♦96.16 *96 97 *96 97 *96 97 *96 *95 96 *95 96 *95 "96 ♦95 96 *£5 Exchange dealings, a Odd lot transactions; e Friday Interest Period ~ New York Stock Exchange Brazil (continued) 3%s series No. 23 - ' 3%s series No. 24_ 3%s series No. 25 3%s series No, 26 • 3%s series No. 27 3%s series No. 28 3%s series No. 29 3%s series No. 30 Foreign Securities (City) sinking fund 5s 1957 Brisbane fund gold 5s Sinking 1958 (Dept of) 30-yr 3s s f $ bonds Canada (Dominion of) 3%s 1961— Caldas T ele phone Members ' REctor 2-2300 ; 120 '< Tele type New York Stock Exchange a 6s Agricultural Mortgage Bank (Columbia)— 5 A Guaranteed sinking fund 6s 1941 Feb-Aug 5 A Guaranteed sinking fund 6s 1948 April-Oct Akcrihue (Kingdom of Norway) 4s 1968—Jfar-SeP lAAnttoquia (Dept) collateral 7s A 1946—Jen-July i/-.External sinking fund 7s ser B 1945 Jen-July I A External sinking fund 7s ser C 1946—Jan-July i A External sinking fund 7s ser D 1945—Jan-July AExternal sinking fund 7s 1st ser 1957_AprlI-Ocf AExternal sec sink fd 7s 2nd ser 1957_Aprll-Oct AExternal sec sink fd 7s 3rd ser 1957-i-April-Oct *85% *85% . (Commonwealth of)— 1956 1957 20-year 3 Vis 1967 20 -year 3 Vis 1966 15-year 3%s 1962 15-year 3%s 1969 — — 86% *85% *85 '/a « lABavarla (Free 6V4s State) reduced to 3.5%) AExternal 8 f reduced to 3.375%) • 6% reduced to 3.5%) 99% 99% 101 97% 100% 155 % 93% 9 93% 23 100% 75 97% a 88 • 1957 assented 1957 assented 1961 997/a 1297/s 4 70 136 134% 134% 136 *100 66 64% 101 *100 101 67 101% — 67 66% 62% 67 66 % 67 100 -■J 66 \ Aprtl-Oc1 —Jane-Dec (Interest __ 67 21 61% 101 *100 - 1961 1902 Municipal Consol assented 1961 7s 1960— May-Nov 1960——Mar-Sept Mar-Sept 94% 66 63% — 88 64% 63% 65% 79% Aprll-Ocf 85% — 1 June-Dec *83 *83% 2 June-Dec *83 3 3%e series No. 4 June-Dec June-Dec *83 86 ♦83 85 3%e series No. 5 100% 98% 4 *100 100% 16 57 100% 103 % 97% 98% 112 97% 100% 98 % 98 % 172 97% 100% 56% 56% 25 54% 76 40% 46 76% 1 68% 77% 76% 2 — 46 46 76% — 39% *45 7 —June-Dec 3%e series No. 8 8%e series No. 9 June-Dec 3%e series No. 10— 3%fc series No. —— 86 *86 83 86 92 87 83 —— 87% 90 90 June-Dec 3%e series No. 14 June-Dec 85% 86% June-Dec June-Dec 3%s series No. 13 92 *92% June-Dec 11 3%s series No. 12 *90 *86 — — _ *89 *87 3%s series No. 15 June-Dec 16 June-Dec *86 3%s series No. 17 June-Dec *84 —— ■ — — — — *86 3%e series No. 92 83 88 87% 84% 87 85 82 86 50 *45 '75 —— — 44% 45% — 2-0050 41% 69 69 47% 68% 69 % 39% *75 —— *45 „ 47% 68% 72% 47 Vi 39% *45 *75 41% 68% • „ *45 40'% 38% 47% 115 —— 70 39% 41 69% ♦45 76 Vi 76% 1 12 % "ii 77% 39% *75 47% 68% 76% *45 12 V2 n% 14 *136% 124 156 *122 119 123% 120 123% *122 —— 66 66 5 62% 68% -- 99 — *75 % 66 111 111% 101'/a 66 — 66 101% 99% *99% 100 *99% 5 155 r.O. INC, SECURITIES SPECIALISTS Broad St., New Telephone HAnover 69 % 40% 39% — York 4, N. Y. 85 79% 47% 68% SECURITIES 89 87 84 — — FOREIGN 77 39% , *45 PARL MARKS & 76% 47'/a 68% —— 85% 87 June-Dec 46 68% 39% 76 % *45 *75 76/a 57% 68% 10 *75 *45 — 57 % 61 *75 44% 103% 54 101^ 101 ♦45 • 103 __ 100% 100% *75 — 87 100 — 57 101 :,2 98 % 87 86 100% *86 "*85 93 81 88 86 80 84 Vi June-Dec 3%t series No. 79% 79% 84% ' 85 86 TRADING MARKETS FIRM 87 84% — *86 Financial Institutions FOREIGN 88 81 86 79% (interest 90 79% ' 96 84 94 ~ *86 5s 1951 _Ju»e-Dec .— IA Cologne (City of) 6%s 1950 •?fari;S®p: A Columbia (Rep of) 6s of 1928 Oct 1961—Aprll-Oct A6s of 1927 Jan 1961 —ZZ 3s ext sinking fund dollar bonds 1970—April-Oct b(, | A Columbia Mortgage Bank 0%s 1947 April-Oct |ASlnking fund 7s of 1926 due 1946 May-Noc IASinklng fund 7s of 1927 due 1947 Feb-Aug lACopenhagen (City) 5s 1952 tyne~Eec 25-year gold 4%s 1953 May-Nov IA Costa Rica (Republic of) 7s 1951 *-"• 2Vis ref $ bonds 1953 due 1972 ——April-Oct Cuba (Republic of) 4%s external 1977 June-Dec 111 For 86 —— *89 (Hukuang Ry) 66% 86 82 — 66% 65% High 79% *84 _May-Nov 1962 Low No. 102 64% 65% June-Dec a 7s AChlnese 105 129% 60 assented A Chilean 152 101% assented AGuaranteed sinking fund 6s a 6s 100 4 125 — | 1017/a 17 3%t series No. - 97 100 128 159 125 3%t series No. - 27 104% 104% 3%e series No. - 3s 1993 Jan. 1 Bold funding bonds of 1931 due 1951 etamped pursuant to Plan A reduced to 3.375% ) 1979 • A0%8 101 1 (Interest 1978 fund % bonds Range since Bonds *87 1961—Jon-July May-Nov May-Nov June-Dec -June-Dec June-Dec June-Dec April-Oct AprZZ-Oct High 88 ♦87% Jan-July 1961—Mar-Sept Mar-Sept Aprll-Oct Aprll-Oct 1963 6s Mortgage Bank 6%s A6Vis Aprll-Oct External dollar bonds of 1944 (Plan B) >■ 89 57% 28 100 * (Interest Aprll-Oct 1979 1952 Stamped pursuant to Plan A 1 A7s (Central Ry) 1902— sinking fund assented 1963— Extl sink A Chile 99% 97% 97 % April-Oct 6 Vis of 1927 due 1957 Stamped pursuant to Plan A ' 88 99% 99 99% 100% -June-Dec 1978 f 6 Vis of 1926 due 1957 damped pursuant to Plan A reduced to 3.375%) 1979 ,. ; s 87 99% 99% 100% Belgium AExternal - 99 99% Feb-Aap 1845 (Kingdom of) extl loan 4s 1964—June-Dec rxBerlin (City of) 6s 1958 —Jane-Dec 5A6Vis external loan 1950 Aprll-Oct lABrazll (U 8 of) external 8s 1941— Jane-Dec Btamped pursuant to Plan A (interest assented 0s AGuaranteed sinking fund 6s Feb-A up -Jane-Dec June-Dec June-Dec Feb-Aug June-Dec a a 0s 89 56% Australia 10-jtear 3Vis 6s Jan 96 #95 Feb-Aug sinking AExternal 54% ** 56% 56% 88 86% ' - 86% 89 86% *85% ■ 89 V 86 Vi Friday's *89 Mar-Sept Feb-Aug 1978_Jan-JaIy -Jan-July _Mar-Sepi Mar-Sept 1961 fund 6s Sept a 0s assented Sept 1961 AExternal sinking fund 6s 1962 101 % 89 ■ - ■ *85'/a Jan -July lO-jrcar 3As 89 r.' — t *85% ■ ■ 99% 93% 99% - 1978 assented Feb 97 *86 30-yr 3s s f bds ARy external sinking fund a 6s assented Jan 1961 1 20-year 3s s f $ bonds (Dept of) AExternal ' or Hid 4k Asked *86 1978-Jan-July 56% lAChlle (Republic) external s I 7s 1942—May-Noe JA78 assented 1942— —M&j-Nov v AExternal sinking fund 6s 1960 —April-Oct > . —, a As assented 1900— : -April-Oct .•/ __ AExternal sinking fund 6s Feb 1961—--Feb-Aug NY 1-1693 Broadway, New York 25-year Cauca Val Government and Mnldftl Foreign 2% 1974 2%s 1975 25-year WERTHEIM & Co. Bale Price June-Dec June-Dec June-Dec .June-Dec June-Dec June-Dec June-Dec June-Dec .June-Dec June-Dec June-Dec _June-Dec -June-Dec - 97.16 Week's Range Low 3%s series No. 22 105 Vi Last — 3%s series No. 19 s Cash aalfc r Registered bond transactions. 22 JULY 3%s series No. 21 102 H 98 *96.16 97 3%s series No. 20 8 99.16 *98.16 3%s series No. 18 103 & 103 .A. 100 *98.16 99.16 97.16 York CHy 103 A *99 *98.16 *96 Issue— _J«*e-Dee *99.16 100 99.16 *96.16- - High 100.8 ♦99 100 40,000 100.16 *99.16 100.8 ♦99 100.8 J, 100 "*97 - - New *103.20 BONDS Range since Jan. 1 No. High 104 *100 *109% 110% .Quar-June 1961. 3s Corporate Stock I960— £% Sold 103.28 *100 100.16 - Transit Unification ; Bonds 102.8 *103.12 100.16 *100 —due Feb IB 1962 Hid 4k Asked ' Ikrritorial Friday's *101.24 103.28 100.16 *103.16 Week's Range - Friday Interest . 102.8 *103.12 100.20 104- RANGE FOR WEEK ENDED BOND 8 *101.24 103.28 *100.8 100.20 '102.8 i been admitted to Stock 102.16 ♦103.12 *103.16 1980 due Feb 19 1989 due Feb IB 1900 due Feb IB 1961 as yet *102 ♦100.8 dus Feb IB 2s_ 102.24 103.24 100.20 *98.16 2s 99 102 *103.8 *99 2s *98.16 *101.16 *100.8 due Feb IB 1997 2s 99 102 103.24 2s - *98.16 *101.16 102.24 due Feb IB 2s 99 102 *102.8 2s 99 *98.16 *101.16 99 101.28 *103.8 1959 Serial bonds of *98.16 99 *98.16 99 *98.16 99 101.28 *98.16 *101.12 *101.12 Oct May IB 1978 Oct 18 1971 Oct . 1 1956 —Jan 1 1969 23-year 3%s__: 19-year 3 Vis 102.16 Jun 103.24 May ♦98.16 99 *98.16 1976 1 1901 Mar <1 30-year 3%s„. Jan 102.8 2 Jan 102.24 Jan 99.12 Jan - July 15 1972 25-year 3s___ 25-year 3s !99.10 Feb Apr 20 93 ; Aug 12 99 *98.16 • 94.8 94.4 Teletype NY 1-971 57% 110 75% 66 113 27 i ,3 . . The Commercial and ( 336) Financial Chronicle .x;; Monday,July 25, 1955 NEW YORK STOCK EXCHANGE BOKO RECORD RANGE Friday BONDS assented Bale Price 1978— —Jan-July (Interest reduced to (Kingdom of) extl 4%s 1962 II Salvador (Republic of) — 8%s extl s f dollar Is f dollar extl s I AFrankfort German bonds Jan bonds (Republic of) Main on Jan 7s Bid & Asked 1 Sold No. Low Sao 57 1976 Jan-July 80 Va Jan-July 42 % 100% 82 3 , — G %s dollar bonds dollar bonds Aprll-Ocf Aprll-Ocf 107 72% 3s & fund conv Issue 1953 Conversion 1953 dollar bonds 1972 due 1963—Jan-July 85 Va dollar 3s bonds dollar reduced A7s June-Deo . 1972 due A7s part A6s part * paid series B 126% Japanese 1946 6%s j due loan 1965 '30 18 102% ASllesla 136% 100% 32% 2 27% 35% 6%a 30% 31 25% 33% 147%" 65% 66 33 C4 64 64% to (1942 Fatherlands Norway 100% 100% *156% *24% 140% 92% agree't) 82 26% 20% 27 86% 92 59 59 54% (Kingdom of) , ' A 9% 10% *9% 10 % old 1957 __ ■— 1956 1965 1963 reduced ANat to (Republic loan extl 6s 7s 6s ■ i * , * ft Plan 19" ' 38 ' 99% 100 14 1 3s 99% 99% ll 99% 99% 9 92% Anglo-Lautaro 99% 99% 101% P W 99 128% 89% 68 mortgage 4s 17 18% 10% 18 Va 26 12% 25% 10 24 20 11% 19 14 10 40% 40% 80 77% 141 98 88% 93% 92 91% 92 35 94 94 Va 10 93 % 97% 103% 103'% 34 103 Va 105% *57 40% 41 deb 3%s 101 98v4 Quar-Jan April-Oct May-Nov 1984 debs ser A C ser 97 99% 103 83% 89 80 Va 4 731% 81% 257 78% 85 101 Va 101 % 8 lOOVi 103 117% 119 28 117% 121% 114% 114% 10 114 88% 80% 79% 81% 117% 88 Va *— 103% 108% 180'% 102 102 8 104 104 3 *99 100 109% 101% 105% 103 1051/4 100 100 98% 11 97 100 103% 103% 7 103 105 102% 102% 102% 73 102 105 105 105 105 % 32 103% 107% 97% Jan-July Jan-July 1979 116"% 103% 107 5 .Jan-July Afar-Sept 80% 102% Afar-Sept 1980 1972— 99 100% 4 *100'/a 102 % series A July 1975 Aprll-Oct 5% series B (4% fixed contingent Interest) July 1975-Aprll-Oct 101 Va • March div first mortgage First Uen and ref M A6Vis Consol 58% 62 64 5% 4s series Loan City Electric 6s ser » 63 43 41 59 103 93% 100% 1 79 P8 s f debentures debs s 101% 104% 105 1959 18 '*96 mortgage 2%s series I 1970 mortgage 2Vis series J 1976 mortgage First mortgage First mortgage AInc mortgage 1981-l 101% 108% 95 y4 June-Dec 98% *140 145 143% 105 *140 128% 104 April-Oct 95 *128% 133 143% 123% 14 96 99% 98% ~I 98 Va 101% 122% 125'% Jon-July 97 95% v 96% 93% Jan-July May-Nov Afap-Nov 100 98% 104% • 9 100% 101 % 104% 93 1 99 99 Feb-Aug : 104% 96% 103 31 101% 102% 102 % 1961-Afap-Nov 1951 92% 101% 14 A 1980_Jan-Ju!p 1985—Jan-July 1976—Jan-July I960—_April-Ocf 988 112% 129% *97 Afar-Sept 99 99% 97% 100 - 5s series AC 1967 Mar-Sepf 4%s series JJ 1961 April-Oct 4s series RR I960——Jan-July 4%s series A July 1970-May-Nov Bristol-Myers Co 3s debentures 1968 April-Oct Brooklyn Union Gas gen mtg 2%s 1976—Jan-July 1st mortgage 3s 1980_^__ _Jan-July Brown 8hoe Co 3%s debs. —Jan-Jnly Buffalo Niagara- ELec tlrat jntoe 2%a 1975_Afap-Nov Buffalo Rochester A Pittsburgh Ry— Stamped modified. 4Vis 1957 54 103% 94 ' 101% 101% D 1955___ f debentures s 2 Vis a The) Co 2%s debs Boston & Maine RR— 47 120 2010 Consol mortgage 3s series K 1979 3 Vis conv debentures 1980 ." 67 39 94 100 Bethlehem Steel Corp— 39 109 % 100% 99 89 IA6%s 43% 40% 99 '/a 100% 86% A Berlin 164 62 June-Dec 89 Beneficial Industrial 83 V. 65 / 39'/a 1995 1 May *62 53% June-Dec Aprll-Ocf 1995 - *53 *98 Va 99 First *39 103 % 99 Line Boraen 115% 115% 101% 99% 13 96 % 75 115% 100 49 99 53 • 107 99% 99% 100% 99 Afar-Sept 75 June-Dec 100 Va 100% 99% Afar-Sept 49% — 100% 1996- 47 "62 1962—April-Oct Aprll-Ocf 2000 *74 * *41% 104 1 *40% June-Dec 150 % 101 1960 Bangor A Aroostook RR 4%s conv BeU Telephone of Pa 5s series C 41% 36 12 95 % 136% 1 Aprll-Oct ■41% 11 Series K due March Aprll-Oct 40 951/4 *65 95% ' ' ' 56 V. 37% 4V4S mortgage Consol 37% 91% 545 (3% % fixed A 1%% contlng lnt) Toledo-Cincinnati division— 40% 40% 95% 95 % -v- Pittsburgh Lake Erie ft West Virginia— Refunding 4s series A 1980 May-Nov 58% (Interest May -Nov 92 94 52 101% 1977 A4Vis convertible Income Feb 1 19 II Feb-Aug April-Oct fASao Paulo (City) Is 1952 May-How Stamped pursuant to Plan A (Interest reduced to 2.375%) 2001 31. 38 38 Series M due 24 (Interest 4s debs sub Series G due Dec . 18% 20 *65 80 Refunding and general mortgage 5% (2% fixed and 3% contingent Interest) — , * 47 II 74% 88% First mortgage 4s - 78 17% Aprll-Ocf 138 149 % 150 Va 3%s series D 1380 Atlanuc Refining 2%s debentures 1966 A 1946 80 101 mtge and 1% 14 180 Air uuge First 18"% *164 79 B 68 _r 91% 80 Baltimore A Ohio RR— 19 *mi% 87 150 Va 1966 5s lnc Gen 78 *101% 238 88% 78 41% 91% Feb-Aug Corp Investment General 77 *~ 90% 92% Aprll-Ocf May-Nov May-Noo June-Dec 41 *39 s9% — 90% 101% gold 4s July 1995 5s lieu 60 16 20 101% 96 94 % Feb-Aug 145 71 % 69 18% Co 3Vis debentures 36 *22 *100% 3 103 106 Mar-Sept 3%s Stamped 4s July 1 • .1 99% 100% 93 % 73 April-Oct 10a 88% 163 100 *15 104 % 99 Mar-Sept 100% 60 *77 99% 2 74 94 Ry 33/4« 1963 Atlantic Coast Line RR 4%s A 1964 146 80% 29 104 92% 1977 Inc Atlanta A Charl 103 Va 141'% „ 92% 55 99 % 100 Va 100 Va 88% 1962 / 102% 128 85 105% 99 —June-Dec Atchison Topeka & Santa Fe— Genera] 4s 1995 101 99% 80 103% 99% 100% 101 % June-Dec 1969 Products Co Associates 103 % 102% 35 June-Dec 1984 Nitrate Ann Arbor first 101% 100 35 bJ April-Oct 1965 debentures Anheuser-Busch 33% *77 Aprll-Oct debentures 3 Vis 100 1 bJ Va 103% 103% 96 94 ; American Tobacco Co debentures 3s Armour & Vsj 103 92% Feb-Aug 1971 debs debentures 101 . 120 38% 33% to Plan A (Interest page 18%* debentures conv 3 Vis 58 38 I960—June-Dec 1961—Aprll-Oct reduced to 2.25%) 2004 Ta 1967 stamped pursuant to Plan A (Interest reduced to 2.25%) 2004 f A Rome (City of) I Vis 1952 see 17% 112% *37 1968 June-Dec A (interest reduced to 2%) 2012 June-Dec A7s external loan of 1926 due 1966 May-Noo Por footnotes 17% 13% *59 Stamped pursuant to Plan pursuant 19 38% *87% Mar-Sept Mar-Sept reduced to 2%) 2012 Bio Grande do Sul (State of) — f A Is external loan of 1921 1946 Stamped 2%s 4 105v4 April-Oct Jan-July 1975 1986 1987.: 3%a 102 June-Dec 1982 *143 Mar-Sept Stamped pursuant to Plan A reduced to 2.5%) 1999 ▲la external sinking fund gold 1966 American Telephone & Telegraph Co— 2%s debentures 1980 i S 109 % *— __ Feb-Aug 10% •• 108 June-Dec Corp 3%s s f debs 1964—May-Nov Foreign Power deb 5s 2030 Afar-Sept 4.80s Junior debentures 1987 Jan-June debentures 103% 27 102 1970—Afap-Nov & debentures 10 109 96 American Bosch debentures 117 103% 103% 103% Mar-Sepf 95 % 80% 96 109 April-Oct ; 3%s debentures debentures *150 92 ■% 18 165% 140 *102 109 8%a debentures 1973 100 20 8% 12 COMPANIES INDUSTRIAL April-Ocf May-Noo April-Ocf American * 1959 A 3s 2%8 *144% 146 Afar-Sept 1950 de Janeiro (City of) 8s Stamped pursuant to Plan 1975 1964 Ltd 16% *103 reduced to 2.375%) 2001 Aprll-Oct lAExternal secured 6%s 1953 Feb-Aug Stamped pursuant to Plan A (Interest , Airlines B'western IA Rio Canada of 16% *100% 100% (Interest reduced to 2.375%) 2001—-Jan-July 7%s 1966 stamped pursuant to Plan A (interest reduced to 2.25%) 2006 .Jan-July A Prussia (Free State) 6%s ('26 loan) 1951_Mar-Sepl A|« s f gold extl ('27 loan) 1952 Apr-Oct > Co 15% (Interest series 7s 1984 15% 99% 1968 IA Rhine-Main-Danube 3 Vis mortgage 9% 10% 100% 100% Afar-Sept May-Noo May-Nov series to *94 May-Noo Jan-July Afar-Sept 1972 17% A Afar-Sept 2nd 6s 17 '164 AND 1967 18»/a 38% 100 17% Feb-Aug j68 11% 3 20 20 101 74 88 20 June-Dec 1971 16%' 38% Feb-Aug A Feb-Aug 99 Va 971/4 98 100% *79% June-Dec 1961 Southern ,3%s Great American , 1st Porto Alegre (City of) — la 1961 stamped pursuant ( 17% • 68 1947—Aprll-Oct April-Oct lAExternal sinking fund gold 8s 1950—Jan-July A4%« assented 1963 Jan-July »- to 16 *18% 7s * extended 16% "115 96 Va Afap-Nov 16% *16% ) 99% of) gold 6s 1940 A4%s assented 1958 IA Stabilization loan sink fund A4%s assented 1961 2%a 1970_June-Deo 1947 Plan Afap-Nov 1979 6s of '26 *15% 99% 1952 2008 external Is f ANat loan extl s f IA Poland (Republic 4 (City of) 2%s Feb-Aug 2.125%) of) i conversion 2%s April-Oct extl sink fund 5s lAPernambuco (State of) Stamped pursuant to APeru 16% 17% 17% '10 April-Oct AGVis extl loan (30-year) 1958 I Vis due 1958 extended to 1968 r *16% April-Oct IA 6s extl loan (30-yr) 1953 Is due 1953. extended to 1963 - readjustment Aluminum Co of America 3Vis 3s s f debentures 1979 — *16% Afar-Sept 4%s Oriental Development Co Ltd— *; 99 — Allied Chemical & Dye 3 Vis debs 1978 Allls-Chalmers Mfg 2s debentures 1956 — __ May-Noo 1957 4 94 Afap-Nov 1937) 1979— Alleghany Corp debs 5s ser A 1962 Allegheny & Western 1st gtd 4s 1998 1963_Jan-July 1965— new lANuremberg (City of) 81% 17 May-How 1964 Albany & Susquehanna RR 4%s Mar-Sept 4s slnxiiig xund external loan IVis sinking fund external Municipal Bank due 1st (Interest 3%s 4%s sinking fund loan 96 % 1960 bond of *15% 2008 ofi extl 93 59 Is Alabama April-Oct to Plan pursuant 92% 86 160 Va 1946—.Feb-Aug AYokohama 158% 1922 1952 4,/4s f (dollar 8s Valle Del Oauca See Cauca Valley (Djjpt of) A Warsaw (City) external 7s 1958. A4%s assented 1958 101 — *85% *17% 6 Via (Kingdom external 94 93% — 91% __/ 163 •'" External s 1963 178% 176 % 176% Jan-July (1942 reduced to 2.125%) « to *99 (State) — ASecured extl sinking fund 0%s 1958—Afar-Sept Stamped pursuant to Plan A (Interest reduced to 2.125%) 2008 Mar-Sept ASecured ex'l sinking fund 6Vis 1959—Mar-Sept Stamped 149 on 4s-4%b-4%b external readjustments 1978_Feb-Aug 8Vis external readjustment 1984 Jan-July 1963-Jan-July (assented to Mlnas Geraes t *161% June-Dec coupon 1953 . 1933 ASmall IA Milan (City of) 92 83 77 92 92 Mar-Sept 94 agree¬ (1942 agree't) assented 72 % 78 June-Dec 1952 *85% *85 % 1971 to '12 1952 96 Jan-July 1913 93 138 131 *141 Aprll-Oct Aprll-Oct 94% 1968—Jan-July I A8mall new 1961 sinking fund 6s sinking fund 6s External June-Dec agreement) 127 70 Va 87 87 87 96 % 1963_Jan-July ASmall A6s Jan-July 95 1945—Quar-Jan (1942 agree't) 17% 101 Va 127 *135 Jan-July 1981 to '27 (Republic) External 68'% Quar-Jan agreem't) 20 100 101 ye 101 Va 96 % (assented to 1922 agree't) 6s of 17% 12 % 95 59 Aluminum assented 15 17% 96% 1968_Jan-July 1945 new 89% 19% 1978-June-Dec Jan-July 1 ASmall A4s 98% 19% I%s-4%s-4As external conversion .June-Dec 1954 lATreasury *95 Jam-July Alabama Power first mortgage 3Vis agreem't) A4s new assented (1942 agree't) 1A 48 of 1910 (assented to 1922 < 99% 25 , "160 June-Dec 118 __ ment) June-Dec June-Dec 1962 123% ASmal] due .24% 118 20 1943—May-No® I 1904 19% 113% 66% __ A4s of 20 % "118 66 lALarge ■j 8 14 I '118 66 Afap-Nov May-Nov April-Oct 1975 1948 (1922 Large 21% 1971 ser $ extended AExternal — assented 23 21% Ltd— extended mtge xternal 66% < due 22 —May-How — 1961 1st 1953 63% 57 49 Co. sterling loan of JAfls "119 __ A —May-How 1962 June-Dec extended extl loan of due 88 Tokyo Electric Light Co Ltd— 102 58 f s 1971 98 73 (Kingdom)— 1962 external Power IA With March 1 209 98 84 95 87 1958 (40-yr) ruguay lALarge new Electric IA5s 122 73 82 *73 external 7s 1958 assented 5%s 29% 178% 82 82 Aprll-Oct 1st mtge s f 1952 1952 extended to (Prov of) Tokyo (City of) 102 100% 89 — —Jan-July Sydney County Council 3%s 1957 126*4 90 75 82 (Interest A 2012 secured B Jan-July Plan RAILROAD Mexico (Republic of) AGs 2% ) series |A6%s 75% 1943 assented I ASmall |A5s assented to secured external 6Vis due Feb-Aug ASmall 1968 1899 125%' 126% Feb-Aug 1965 extended §A4%s small of 135% 136% 53 88 (Interest 1968— to 82 "97% Mar-Sept Bhlnyetsu Electric Power Co Ltd— — |A4%s assented (1922 agreement) iAGs 33 25 60 *102 Jan-July : 2004 loan A 8s 101% 51 Jan-July Mexican Irrigation— , 73% 63 % 33% June-Deo ; ANew 72% 186 *102% 104 66 Jan-July i , 1999 1956 2.25%) 3%s-4s-4%s A Jugoslavia (State Mtge Bank) 7s 1957 AMedellln (Colombia) 6%s 1954 30-year 3s s f I bonds 1978 I 101% *209 Jan-July 7s 1951 of 100 *145% 147% Jan-July April-uct 1952 (Imperial Govt) extl 86% 32% 30% At>rll-fW A6%s extl loan of '24 1954 €%s due 1954 extended to 1964 A6%s 85% 63% *100 Mar-Sept of) 65% 25 A6%s 1947 7s 20 85% *168 May-Not) Feb-Aug 6s 85% reduced A Jan-July Jan-July Public Utility Institute— 30-yr gtd ext s f 3s 1977 IA Italy (Kingdom to external dollar Taiwan Italian IA External j ABs A4%s June-Deo Heidelberg (City of) ext 7%s 1950 Helslngfors (City) external tf%8 i960 Italian (Republic) ext s f 3b 1977 |A7s 75% — 1965 of) 136% Italian Credit Consortium for Public Works 80-yr gtd ext s f 3s 1977 Jan-July i reduced 107',4 53 High 78 Va Jan-July -Jan-July loan 0%s due 1968 (State 72% April-Oct 1964 paid Hamburg 101% June-Dec Great Consolidated Elec Power— IA 6 Vis 1st & gen mtge 1950 6%s due 1950 extended to 1960 Greek Government— IA 80 25 — (Young loan) 1930 2.5%) water A7s (extl loan 1924 Dawes loan) IA7s gold bonds 1949 German Govt International loan to external Plan 1999 2.5%) 1 Serbs Croats ti Slovenes German 8 Vis 51 84 Apr-Ocf 1980 bonds 73% 85 Issue— International loan of 1930— 6s 72% Low (interest Stamped pursuant Prussian 4s 106 Va 107% ♦37% May -Nov pursuant Stamped pursuant to Plan A 1969 1972 10-year bonds of 1936 Jan. 1 No. A stamped (Interest reduced to external 1950 157% Range sine* bold High (Interest 2012 Stamped pursuant to Plan A 20% 128 Bonds s 1957—May-How to 82% Is __ *158% Friday — IA8s *19 May-How (Federal Republic of)— (State of) 1936 External loan of 1924 8s occured sixiKing fund exu San Paulo 102% 77 or Bid & Asked (continued; reduced to 2%) 55 2 6 *72 Jan-July 1953 (City) Paulo -era. 50 Sale Price Low High 54% 2 Last Period Exchange New Yerk Stock ' 100% 100% Week's Range Interest BONDS Jan. 1 8s 1967 6%s 57 50 April-Oct 1976 1 High ' Range since Stamped pursuant to Plan A April-Ocl Denmark AEstonla / WEEK ENDED JULY 22 Friday Bonds Friday's 57 57 ' extended to 1960 •%) or Low Otxndlnam&rca (Dept of) 3s Chechoslovakia (State)— Stamped Last Period New York Stock Exchange FOR Week's Range Interest Bush Terminal Buildings 5s gtd 1960 ABs general mtgp Income 1082 Mav-Hoy _ 88% 88% . 1 ; 79 \ 1 80% 86 % 84 86% 163 *.72% 72 70 72% 99 89 .89 89 ... 102 .. 96% 97% 93 Va 102% 10 . 94% 95 22 94 % 96% 95% 96% 48 93% *104% Jan-Julv 98% 104% - 98% 4 99 97 ■■ 102% 101% 94% April-Oct _■ 86% . 53% .172% *98% *95% 91% 89 _ . 98 Va 97%" 105% 92% 100 EXCHANGE BOND RECORD NEW YORK STOCK Friday Interest New York Stock L, Sale Price Exchange Range since Sold Jan. 1 Bid & Asked Low Low NO. High, Week's Range Friday Interest Last Period BONDS Bonds Friday's or > , Week's Range Last Period 22 WEEK ENDED JULY RANGE FOR BONDS Bale Price New York Stock Exchange or Jan. 1 Sold High 98% mtge l%s 1901 May-Nov Crucible Steel Co of Am 1st 98 % Canada 94% *96 99 106 Vs 95% 100 A 98% 97 106 V'a 7 105% 108% 106% 106% 20 106% 1091/4 2 ' Jan-July gold 4%s 1967 Guaranteed gold 4%s 1956— Canadian Pacific Ry— 4% consol debenture (perpetual) Jan-July Mar-Sept 1981 117 ;.V 103 105% 69 __ 75 96 4 96 97% 97% 8 97 99Va 97% 97% 96 97% April-Oct debentures 1970 April-Oct Celotex Corp 3y*s debentures 1960 Feb-Aug 3 Vis debentures (1947 Issue) 1960 Feb-Aug lACentral Branch U P 1st gold 4s 1948—June-Dec 3 %s 97% 6 97'/4 99% 99 99 *99% • — *99% 1177/8 *115 Central of Georgia Ry— First 4s series A 1995 Jan-July mortgage 4%s series A Jan 1 2020 May mortgage 4Vis series B Jan 1 2020 May RR Co of N J 3y«s 1987 Jan-July New York Power 3s 1974__ April-Oct AGen AGen Central Central 94% 87% 87% 155 83% 67% 66% 67% 112 59 3%s series mortgage B 98 2 98 100% Jan-July — 102% 45 103% 103% 5 105% 105% '11 102 1st St First 5s decs income April May-Nov 79% 123 V'a " April Jan-July mortgage 4y2S inc ser A Jan 2003 Chicago Indiana ft Southern Ry 4s 1956 Jan-July ser A Jan 2019—April B Jan 1 2044 April mortgage 4Vis inc General increased series Chicago 8c North Western Ry— ^Second mortgage conv inc 4Vis Jan 1 1999—April First mortgage 3s series B 1989 -Jan-July Chicago Rock Island 8c Pacific RR— 1st mtge 2Vis ser A 1980 Jan-July Chicago Terre Haute ft Southeastern Ry— First and refunding mtge 2%s-4y«s 1994_Jan-July 4 Vis conv Chicago Union Station— i First mortgage 3%s series P 1903 First Jan-Julp 2%s series G .1963——Jan-July mortgage Cincinnati Union Terminal— 87% 1 93% 4s Jan-July Jan-July 1960 debentures debs 1977 94 : ' 1993 June-Dec 1 Refunding and impt 4Vis series E 1977—Jan-July Cincinnati Wab 8c Mich Div 1st 4s 1991— Jan-Julp St Louis Division flr.*t coll trust 4s 1990_May-Not> First 1970—Jan-July June-Dec 3s 1983—--—: 2%s 19*5— mortgage First 3s Illuminating Electric Cleveland mortgage mortgage 3%s 198%. mortgage 3s 1989 Cleveland Short Line first gtd 4%s Map-Not 1961—April-Oct First 8c Fuel Colorado 84 System Inc— series A 1975 3s debentures series B 1975—u.— June-Deo debentures 99 ; 107 107 , conv Mar-Sept 8'As conv Mar-Sept Gen & ref 3 %s series O 1980— May-Nov Detroit 81 Mack first lien gold 4s 1995—June-Dec Second gold 4s *103 Co mortgage 2%s 1st mortgage 2%a 1st mortgage 107 96 96 98% ;108% 95 - 97% 97% 3%s mortgage 3%s mortgage 3%s *101 106 :./ *102 % • 77 97% 100% *97% , • 98 101 -100% *100% 103% IA 7s 94 < 137% 132% 139% 254 . 97% 198%' 97% 97% 97 % 7 V i 110% lul"/4 102% 96 Va ' 22 101 103 123 101 *101 150 „ 104% 100 98 "• 101% *—..•/;; 98%; 99 ; 101 *93% 98% V28 f. :99 % 93% 98 *89% 93 89 92 *j2% 93 91 Vi 96% — (Bait) 1st ref M 2%s ser U 1981 J ref mtge s f 2%s ser X 1st ref Natural Gas 31/48 debentures 3%s 3s Z 1989 2%s mtge 3s ser Consolidated 1978 — 95% 99% 99% 100 97 %. - , >•' > 9 17,." 98 . . in inc debs cum U 8 Consumers Power Continental 3%s 98% ;.102% 97% 100 100% ",V2 »■ •; - • 104'/a 102% *— 180 ''198 *95% 95% 95% 96% 90 __ *— 98% 95 98% *98 99 % *98% 102% 102% 25 99 '99% .98 100% Continental conv Can Oil debs 3'/4S 3s Co 3%s s f For _r. footnotes debs debs debs see 1980 1976__'___; 1984 1S77„ page : Jan-July .,_Mar-Sep April-Ocf ___May-Nou „May-Nov 31. m Union conv Company— > 100 % 16% 96% 16% 16% 96% 42 ' 28 97 115% 113 '103 99 *100% . 96 ..100% 98 " *99 115% ' - 21 99 — • 93 101 % 106 103 115 % ' 98% 100 Debenture 144 Va 6 95V4 97% 101% 101% 101% 101% 79 % 81% 78 78 *75 % 103 33 104% 105 * 106% 91 91 93 *92 99 96 96% 3 114% 117 V'a 95% 94% 350 109% 10 94»/4 97% 93 94 94% 96 105% 106 96% *93 95 25 105'/a 105% 124% — — — 102 *99 ■ 103 — 108 Va ♦111 79% 78'A 83'A 1 98 Vs 99% 87% 89 Va 55 99 76% 82 Va 81% 102 102 102 *__ 90 87 89 V* *87 80 Va 113% 41 81 *87 113% 110 -- . — 99 81% 142 99 — *111 81 104% 140 *102% 102 103% 101 103 V4 103 Va *102 139% 991/2 101'A 139 % 143 62 112 148% 104% 105y. __ Va 105 *104 90 06 102 Va 102 102% 42 "7 101% 102 105% 101 % 103% 105% ' 806 103% 106 Va *186 169. *103% — 168 104%, ~ 87 102% 102 103% 100 101 102% 102 100 Ve 100% 78 102% 102'/a 102% 97% 96% 123 22 96% 99 99 % 57 98% 102 j91 18% 98% 168 103% 103% 103 102 Va 102 % 103 *96 9 98% — 102 104% 95% .98% 10 443 188'A 99 100% Ill 1/4 117'/4 1-4 H 00 £ 136% 120 124 115 120 Mar-Sept ' *123 ——Jan-July — Jan-July N 1990 Jan-July O 2000.-—Jan-July P 1982 Jan-July Q 2010—-Jan-July R 1901—-Jan-July ctfs A Feb 116 *93 92% 124i/a 116 6 92 95 98 92% "5 92 95 15 87% 91 88 % 88% 90 78% 78'% 2 78'A 951/4 95 Va 11 94% 97% 95 Va 75 80 *75 Va 17% Feb .82% 88 Va 88% *97% *92 93% *95 ~5 98% 19% 100% 86% 89% 98'A 6 15% 97 % 17% *99% 98% 99 Va 99 99 — 4 — 94% \ 02% 100 98% 98% 98% 104 MOO 100% —- 92 " 1070 Mar-8ept —Jan Jan-July jan-ju«y Jan-July 116 *119 *102 Va Mar-Sepl 1068— Mar-5ep0 Hudson Coal first sink fund Bs ser A 1002-Junc-Dee {Hudson ft Manhattan first 5s A 1057 Feb-Aug 1007——April-Oct 115% 116% *94'/4 94% 103 104 26% 151 112 Vs 116% 124 118 94 1 ■' 97% 103 — ♦__ 51% 36 102 104 52% 94% 135 ♦157 debentures Feb 101% 103% 157 ' 99 Va 99 % 113% — 112% 113% __ subord debs 1970 4%a A0ka_ Household Finance Corp 2%i 1070 3%8 debentures 1058 Hocking valley Ry first 103% 102 ' 102% *188% H Ad4iiatf>ri income fit 169 — ? Hackensack Water first mtge 2Hs • AHarpen Minlnsr Corn C» *<>40 a 140 100 % RR— General mtge lnc 5s series A July 2010 April General mtv* lnc 4» serie* B Jan 2044 April 1st & ref M 3%s series G 1980— May-Nov Gulf States Utilities 2%s 1st mtge 1976—May-Nov First mortgage 3s 1978 —April-Oct 3s debentures 1909 Jan-July First mortgage 2%s 1979 June-Dec First mortgage 2%s 1980 _June-Deo 1st mortgage 3%s 1981 May-Noc 1st mortgage 3 %s 1982 June-Dec 1st mortgage 3%s 1983 — June-Deo * %s '185% 103 170 Jan-July 111 1031/2 132 ~2 169 ♦16f certificates B Hertz Corp 4s conv 18% 13% . - subord debs 1909 Northern Ry Co— 103'/a 99% 100% 127 21 *76% 94% 178 50 May-Nov Jan-July Mar-Sept Jan-July 1972— 103% 101 *99% 101. 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Consolidated Edison of New York— First and refund mtge 2%s ser A 1982_Mar-«eyt First and refund mtge 2%s ser B 1977_Apri!-Oct First and refund mtge 2%s ser C 1972June-Dec First and refunding 3s series D 1972 May-Non First and refund mtge 3s series E 1979_,Jan-July First and refund mtge 3s ser F 1981 Feb-Aug 1st 8c ref M 3yis ser G 1981 Map-Nov . 1 II May-Nov June-Dec Great • ' Jan-July 2%a ser J 1980 1970 3s convertible debentures 1908 79% .! 95% *95% 100 102 104 98% 100% 100 June-Dec 1982—May-Sept ref 3%s ser K 97 3 . — 101 April ref mtge Erie April-Oct D 1979 r —Jan-Julp debs 1964 May-Nov Columbus 8c South Ohio Elec 3 Vis 1970—May -Sep! 1st mortgage 3%s 1983 — May-Nos Columbus 8c Toledo first external 4s 1955—Feb-Aup Commonwealth Edison Co— i» First mortgage 3s series L 1977 Feb-Aug First mortgage 3s series N 1978 June-Dec 3s sinking fund debentures 1999 April-Oct 2%s s f debentures 1999 April-Oct 2%s s f debentures 2001 —April-Oct subord May-Nov & 92% 16- 100'/a 95% * *94 .- — May-Nov & 1st 41 99 series debs 3»/a8 98% May mortgage (3% fixed 1% contingent Interest) 1993 Detroit Edison 3s series H 1970 General and refund 2%s series I 69 Va 4 Feb-Aup 1977 33/«s debentures ser C 3V2S 94 .April-Oct Jan-July Income 77% 3 82% Columbia Gas 3s 1970. contingent Interest 2018 3s 1968-—June-Deo Iron Corn • A%e 29 Denver & Salt Lake— 79 "" V 5 100% 101% 101 Mar-Sepf June-Dec -First 9 28 27 27 * —June-Dec 1993 4s series B 52V4< 72% ; 84 •- gold 791/4 V- 78 • 5s 164 64% 94% 68 ■p 82 Louis Ry— Cleveland Cincinnati Chic 8c St General 83Va * 40 92% 84 -June-Dec June-Deo 1960 1961 City Ice 8c Fuel 2%s debentures City Investing Co 4s debentures General 104 92% mortgage 2%s series G Cities Serv.^e Co 3s s f 100% 102 108 76% " 77 63% 100 2 77 >73% 79% 2 103 93% 3%s series E 1969,—Feb-Aug 1974 Feb-Aup 2%s 1959 April-Oct mortgage gtd First OIT Financial Corp • —— 80 70 - . 87 % 72 V2 79 103 63% 80 Va - First * 99% 100% 100% 29% 30% 27 mortgage series A (4%% Income 123'/. 94% Jan-July 2 Vis 1978 mortgage 122'/a 100% 27 coll tr 4%s ser B 1985 May-Nov Delaware Power & Light 8s 1973 Aprii-Ocl First mortgage and coll trust 3%s 1977_June-Dec First mortgage and coll trust 2%a 1979-Jan-JuIy 1st mtge & coll trust 2%s 1980 Mar-Sept 1st mtge & coll tr 3%s 1984 May-Nov Denver & Rio Grande Western RR^Flrst mortgage series A (3% fixed -Jen-July 1% contingent Interest) 1993 84 72'/a " 1 103 27 10 Gen 10 *78 10 28 Gen 98% *76% 28 27 1st mtge & 93 87 % 8c First '/a 89 40 79% 119 98% Western Indiana RR Co— 1st coll trust mtge 4%s ser A 1982 Map-Nov Cincinnati Gas 8® Elec 1st mtge 2 Vis 1975_ApriI-Oct Chicago 77% 98'/a 96 . 123% 123% 98 % 28 27 1 2042 Collateral trust 4-0s May 101'A 94'/a 2 92 % Jan-July 2%s-41994 Income 5 RR— Chicago Milwaukee St. Paul St Pacific First mortgage 4s series A 1994 97 __ 104% 28 June-Deo June-Dee Pennsylvania Division— 1st mtge ft coll tr 5s ser A 1085 104% 102 '/a ■ 95% *__ Chicago Indianapolis 8c Louisville Ry— A 1st mortgage 4s lnc series A Jan 1983——April A 2nd 112% 5 104 104% May-Nov Western 4s ser A 1988 AGeneral inc mtge 4Vis Jan 1 2038 Great Chicago 105% 115 112% 103% 95% May-Nov Jan-July .April 2054 Jan 1st gold 5s 1982 & Erie Chicago 102% 112% —- *j7 1985 series B 33/4S mortgage 103 103% ' Mar-Sept Chicago & Eastern 111 RR— AGeneral mortgage lnc conv 5s 1997— 100 100 Va __ *110% 1985—Feb-Aug 1970—Feb-Aup Feb-Aug refunding mortgage 3%s refunding mortgage 27/«s ref mtge 3s 1990 First and 126% — *111% 103 1958 4s First and 100 Va 121 Chicago Burlington St Qulncy RR— General 101% 99% *124 102 20% Morris & Essex division 103% 100'/a *98 Mar-Sept Refund and impt M 3Vis serieB D 1996—May-Now Refund and impt M 3Vis series E 1990—Feb-Aup Refund and impt M 3%s series H 1973—June-Dec R & A div first consol gold 4s 1989 Jan-July Second consolidated gold 4s 1989 Jan-July 22% mortgage due 1993 AIncome 100 Va 5 '101% 1992 4'/is General 61 Western RR Co— Lackawanna St Western Dly First and refund M Bs series 0 1973—May-Nov 69V4 98 98 100% 100% 34 241/8 York New 88 100 % 36 23 June-Dee Feb-Aug Mar-Sep Dayton Union Ry 3%s series B 1900 June-Deo Deere & Co 2%s debentures 1900 April-Oct 3 Vis debentures 1977 Jan-July Delaware & Hudson 4s extended 1903—May-Nov ,* Feb-Aup Feb-Aug series A 1974 1968 Champion Paper St Fibre deb 3s 1965 Chesapeake & Ohio Ry— First Dayton Power St Lt first mtge l%s First mortgage 3s 1978 First mortgage 3s series A 1978 First mortgage 3%s 1983 First mortage 3s 1984 95'/. 87' Central Pacific Ry Co— First and refund 3 Vis 36% Jan-July June-Dee mortgage 4s June 10 1970 ft equip 4s 1970 St ref 4s sex A 1970 lien ft ref 4s ser B 1970.... lien A 1st 98% 87% *95 36 23 Va Delaware Lackawanna St ' 1 98% 98% mortgage A 1st 40% 1 36 Vs 108% 101 104 __ *72% A Imp 106% 100% 100 % *— *104% Corp Celanese 102% 4 107% 108% 108% Mar-Sept June-Dec Feb-Aug Co 3%s debs 1978 3s debentures 1965 (J. I.) Case 102% 102% Feb-Aug Capital Airlines Inc 4s ser A 1960 Carolina Clinchfield ft Ohio 4s 1965 Carthage St Adirondack Ry 4s 106% 88 Jans-Dee (1942 aeries) 1970 RR— A 1st Canadian National Ry— Guaranteed 1st viortgage 4s Cuba' High 99% Low No. Low High Range sines Bonds Friday's Bid & Asked Cuba Northern Ry— Oregon Power 3%s California *94 June-Dec May-No® April-Oct 1976 1974 Southern consol gtd 6b A 1962 Power ilrat 3s California Electric 29 (337) Commercial and Financial The Chronicle Number 5449. Jfolume 182 52% 27 Va 106% 104 V. lt)5 971/4 50% 25 . 59% ' 38% 30 The (338) NEW YORK STOCK EXCHANGE FOR RANGE WEEK BONDS Interest Last New York Stock Exchange l'eriod Sale Price or Friday's Sold Low BONDS Range since Jan. 1 Bid & Asked No. High New York Stock Natl Distillers First mortgage 3s series B Illinois Central RR— Consol 1878 4%s-3%s 92% June-Deo ►99 1979—May-No® Consol mortgage 5%s-33/4S series B 1979_May-No® Consol mortgage 33/4S series C 1974 .May-Nod Cons mtge 3%s series F 1984 Jan-July mortgage 1st mtge 3 'As ser G 1st mtge 3%s 3%s f s 1980 H ser 4s 1980 1955 5s f AUseder Steel Corp 1970 100% Co 3'As debs 100% * § A First 6s series f A Adjustment 6s AFirst 5s series series A July A First gold 5s series C 1956 International iMinerals ft Chemical Corp— 3.65s Inter subord conv debs 1977! Rys Central America 1st mortgage 33As 1st mortgage 3s 1st 5s B Jamestown 1977 122% 31 10c 126 *121'/8 109% 13 98'A 1 8'A 102 98 1980— Franklin ft Clear 1st 4s 1959-.June-Dee 99 93 98% 22 99'A 92% 93 103 y« .- . ApriZ-Oet June-Dec 1st mortgage June-Deo 92'A 98'A 101'A I ■ K ft Mich 1st Kansas 1st 23As City Southern Ry 3'As mtge Kansas series 1984 Terminal unguaranteed 98% 96% 96% 30 99% 101'/a 13 96 98 110 114 1961 fAKreuger Si Toll 5s certificates 96 96 Jan-July 1961—Jan-July Jan-July Jan-July Jan-July 4'As Kings County Elec Lt ft Power 6s Koppers Co 1st mtge 3s 1964 100'A 100% 100% Aprll-Oc! 1961 4'As 94'A 94'A 1997 96 •109 64'A *99'A 98% — 1959 99% 5'A 5'A 1% 1st Dock & RR ser A 1968 Mich South gold 3'As 1997—June-Dec registered 1997 June-Dec Lehigh Coa.' 'i Navigation 3'As A 1970 April-Ocf Lehigh Valley Coal Co— 1st ref & 1st & 5s ref stamped 1964 stamped 1974 5s Lehigh Valley Harbor Term Valley Series A Series B Series 4s C fixed 5s ASeries interest fixed fixed D 4s Feb-Aug 73% *b5% Feb-Aug E F 5s Miami interest 3.75s 4s SALombard 2003— interest series 2003 7s series A — 1952 — 3 97 71 % , 94 98 80 % 3 73% 80% 86 1 80 86 Afay-Nov 99% ft Manila April-Oct 99% 1 98% 12 86 ¥4 103% 3'/4S f s debentures 93% 1979—May-No® *„ 97 94% Feb-Aug Feb-Aug *100 McKesson & Robbins 3'As debs 1973 Mead Corp first mortgage 3s 1966 Metropolitan Edison first mtge 2%s First mortgage 2%s Michigan Bell 1980 Telephone Co 3 Vis Michigan Central RR 4'As series C Michigan Cons Gas first mtge 3'As First mortgage 27/8s 1969 mortgage 3%s 1969— First 98% 100 3VoS sinking Minnesota Minn St fund Mining Paul ft debentures ft Mig Saulte 2%s St 1967 Prior lien ACum series series 4'As series D 1978 Pacfiic First and AGeneral and AFirst and RR and AFirst and & A 5'As series A 1949 gold 5s H 1980 refunding 5s series I 1981 first gtd 4s & Co 3s 3 V«s debentures 102 -4- May 1991—May *90'A 66 'A June-Deo 65 97% w 100 97'A 99'A ; 94% 136 94% 94'A Afay-Nov 142 ApriZ-Oct Feb-Aug 94% 94% 1991 1986 1978 76 . -1 — 707/8 92 66'A 17 98 11 debentures For footnotes see June-Deo page V 31. 103 y4 106'A — — 69% 94 1 98% 1 98 ¥4 5 84 94% 40 135% 136 92 91 97 80% 81% 118 74 74% 78 . 78% 85 70 78% 100% 102 9 4'A '93% 95 4 , 75% 94. .. 10% 5% 2% 6 ,. 98 72% •79 78 73 797/a *97¥4 98 *94 96 » . 82 62 70 49'A 1 65 Yt 92 ¥4 96% 100 99 __ 14 98 "2 96 103 93 101 ' 97¥i 100% 92% 953A 90 95 V* 93 102% 104 w 104 105 6 116% 121% 102 »A *104¥a 105 118% — ' 118% 118% *110'A 112% ' 1113A • 104¥a 1043/a e 112'A 0 *— 1017/a 105 '/a 104'A 1013/4 1023/4 101% 103% 109% 103 ¥4 101% 103 y2 19 100% 114 110'A ~ 109% 110'A 108 108 79% Jan-July Apr-Ocl 2 107% 79'A 18 77% 75 ¥a 107 110% 79¥a 75¥a 5 75 11 107 108 103% 105% 107 *1047A 107 __ — . first 2%s mortgage 81 7 9'/a 2%s first 100'/a 1977—ApriZ-Oct Mar-Sepf 1979 1984 94'A v 17 95% 97% 97 102% 100% 100 '/a *92'A 99% 933A *— June-Dee ' SI 97 94'A •II June-Dec mortgage 2%s 55% 947/a 94% 983/4 102% 31% 92 92 94 — *92 — 93 100 100 v4 90'A 96% 82 1193A 139 94% 338 92% 97 93'A 94% 123 92% 97 7A 140% 142 »A 92 ¥4 94 3A 119 . 86 119 92% 1443A 96% 93 ¥8 94% 30 927/a 97 76 76'A 12 72 77 3A 99 98 99'A 99'A 70 71 ' *99 98% 9 99 'A 100 69 3A 74 100 3 1013% 100 100% 89% — 93'A 99% 100% 94% 99% 2 97 100'A 100'A 2 100 102 »A 93 93 98'A *—, 99% 30 90 993A 1974— Mar-Sept Afay-Nov Feb-Aug mortgage 3s 1979 mortgage 2%s 1980 mortgage 3%s 1982 99% 09 % 17 993A *93% 943/s *94 April-Oct 97 ¥a 9 4'A 94'A — 93% 10 iy« 91 98% 92% 97 ■ — 9 4'A 6 -June-Dec Afay-Nov Afar-Sept 1960—April-Ocf A — 102 ♦102'A 1033A 100'A 104 100'A 100 7/a 102 100% 102% Co— 3'As series I 1966 ft 103 June-Dec 101 June-Dec 99 June-Dec June-Dec refunding 3s series M 1979 June-Dec rfeunding 3s series N 1977 June-Dec First ft refunding 2%s series P 1981 June-Dec First ft refunding 2"%s series Q 1980 June-Deo First ft refunding 3%s series R 1982—June-Deo First & refunding 3s series S 1983 June-Dec ft refunding 3%s series X 1984 1st ft ref M 3%s series Y Tel Tel ft 2%s 102 Vi 93 102 y4 993A 34 93% 101% 86% 96¥a 973/4 10 93% 101 S3 100% 1 983/s 98 ¥a 92'A 92'/a 1 9 4'A 943A 11 *99 ■ 4 10 95% 99'A 8 102?+ 105 i% 99 99% June-Dec 99 ¥a 21 99'A 104 92 . 90 102% 103% 104 % 102 103 1986 April-Ocf *93¥4 94'/a 1987 April-Ocf 97% 3 3 Vis debentures 1978 Afar-Sept 101 973A 1013A debentures 1983- Mar-Sepf 97 993/8 25 Pacific Western Oil 3%s debentures Consolidated General General sinking 4%s series 5s series fund A B 4%s 1960 1965—— 1968 5s series B 1974 1st & ref mtge 3%s 1985 99 — •111% 118 98 98% 983A ; 97. 101 101 97 105% 93 . 96 122 101 108 106'A 106% 14 105% 106'A 107 72 105% June-Dec 111% 9 104 Va 104 104% 104 104 104 ¥4 85% *111% Feb-Aug May-No® May-No® —June-Dec Feb-Aug Jan-July June-Dec ApriZ-Oct 101 111% 28 100% 105 26 100% 105 2 83 97 __ 2 68% 99 V* 107'/a 95 97 97% 12 97 94% 9 4'A 3 •93 — *101% 100 £4% QQ 100 ¥4 98 3A 93% 92 v4 96 % 96 96'A 99% — 101% 105 100 103% 100 % 10 100 Ve 100 Va 5 100 81% il2% 19 * 99 102 103% 96% 95 86'A 110 — •106 95 107 V4 103 99 783/4 101 Jan-July June-Deo 85'/a •75 103 1.00 97% __ 110 ¥4 *98% 103 105% 37 106'A 106'A 04% 93% 97% 111'A Feb-Aug ApriZ-Oct General mortgage 4 Vis series E 1984 Jan-July General mortgage 3%s series F 1985 Jan-July Peoria ft Eastern first 4s external, 1960—ApriZ-Oct AIncome 4s April 1990 April Pere Marquette Ry 3%s series D 1980 Afar-Sept Philadelphia Baltimore ft Wash RR Co— General 6 91 June-Dec General 4%s series D 1981 General gold 4'As series C 1977 Philadelphia Electric Co— First ft refunding 2%s 1971 First ft refunding 2%s 1967 First & refunding 2%s 1974 First ft refunding 2%s 1981 First ft refunding 2VsB 1978 First ft refunding 3%s 1982 1st ft ref mtge 3 V«s 1983 ! < 1964—June-Deo A Pennsylvania-Central Airlines 3%s 1960_April-Ocf Pennsylvania Power ft Light 3s 1975 April-Oct Pennsylvania RR— —- •103 ¥4 105 May-No® 102% 2 —— debentures 97 93 1 - 104 •91 1981 100% 973A 953A debentures debentures 99 ¥4 95% 3 Vas 3%s 98% 98 97% 96% 973/4 27/eS < 92% 94 103¥4 1033/4 97% 1985—June-Dec debentures 104% 93 99¥a June-Dec 1987 103 5 101 99% First ft refunding 27As series T 1976 June-Dec First ft refunding mtge 3%s ser U 1985-June-Dec 1st ft ref M 3Vas series W 1984 June-Deo 1st 2 19 103 100'A 3 Ves 99% 105% 93'A *— 98% 62% 90'A 93 ¥a 103% 100 93 1013A 100% June-Dec 1976 102% 103'A 99'A 100 :i'x — 2047 A ser 1984 mortgage First ft 102 6 99'A 100 3*2 • 96'/a 98 74% First ft . 88 *__ April-Oct debentures 1970 99% 90 *98 ^ 94 92% 87Va 81 — Pacific *100 A Feb-Aug 1970—June-Dec 103% . 99 7A N 3'As 2047 refunding 3s series J 1970 First ft refunding 3s series K 1971 First ft refunding 3s series L 1974 98% 102 — 99 »A Afay-Nov Nashville Chattanooga & St. Louis— First mortgage 3s series B 1986 National Dairy Products 2%s debs 3s 1 2047 First & refunding 98 99'A -V 1966 2%s Jan first mortgage 3s mortgage 2%s 1975 mortgage 2%s 1980 First 103 May-No® Tel — — 2 103'A 103'A — . 91 Quar-Feb Quar-Feb 1997 3s 'aclflc Gas & Electric 102 95% 96 3A 4 *— Morris & Essex first gtd 3'As 2000 June-Deo Construction mortgage 5s series A 1955—May-No® Construction mtge 4'As series B 1955 Mountain States Tel & 88% 73 15 *1023/8 1971 96 *97 May-No® Oregon-Washington RR 3s series 97% 103 ¥4 104 Jan-July *■ 93% 90% 92'A Quar-Jan Quar-Jan Oklahoma Gas 81 Electric 2%s 1975 ♦ Mar-Sept Feb-Aug debentures 1958—Afay-Nov B 87 70% 94'A 102 ¥4 103 *100 1965—Feb-Aug refund Malone (John) 100 — ** 18 92% ? 96 102 Ry— Edison First First - 104 92'A •90% May-No® April-Oct Ohio 98% 97 *95 Jan-July 91 104 97 *90 — — _Jan-July Jan-July Jan-July 1967—_Aprfl-Oct 1975 Monongahela Ry 3'As series Morrell Jan 4s „ 100% 1973__May-Noc 1973 First mortgage 3s 101 73 *101¥4 103 Afar-Sept refunding 5s series F 1977—Afar-Sept refunding 5s series G 1978—May-No® 5 A Convertible gold AFirst A ser 87'A 102% Co— refunding 5s series 4s AFirst Mohawk 1962 1962 101% >101 RR— A B adjustment 5s tMissouri A 5s 4s _ April-Ocf 1990: Prior lien # Marie— mortgage 4'As inc series A Jan AGeneral mortgage 4s inc ser A Jan Missouri Kansas ft Texas first 4s Missouri-Kansas-Texas 87 *70 —Afar-Sept First 40-year 98'A 103% 103% '1969—Afar-Sept AfarjSept 1967 debs 1979 First June-Dec „ f 1974_Feb-Aug April-Oct Jan-July Feb-Aug First 1974—May-No® Feb-Aug 1988—_Aprll-Ocf 1979 lien (Wisconsin) II Jan-July Feb-Aug Afar-Sept Afar-Sept •92% Jan-July Jan-July _Jan-July First mortgage 3%s 1982 First mortgage 3'As 1984 96 ; s First mortgage 2%s 1975 First mortgage 3s 1978 95% Afay-Nov 2 •98'A Jan-July 1997 registered First 1980 4s (Minnesota) 104% 99% 1978 91 92'A 100 98 98 91 88 ¥4 *93'A (Southern Lines) 4s 1959 2%s debentures 1972 70% Northern States Power Co— Co debentures 73% 67% 101% 87'A *__ Stores f s Pacific registered 3s 99% *103% 104'A 1957—May-No® RR Dept 3 Vis 1980 f debentures 1974 lien 4s 104 ¥4 87'A 2%s debentures 1972—Afay-NoV Maine Central RR 5 Vis 1978 _Feb-Aug Manati Sugar 4s sinking fund Feb 1 May s General M Macy (R H) 2%s mortgage f debentures First Afar-Sept 1984 s 104'A 99% April-Ocl 63% 1 . Jan-July 1982 Northwestern Bell Telephone 2%s April-Oct 13 717/a 68'A *„ April-Ocf 104'A 110% 98 ,< *100% 101% April-Ocl Prior 101 102 74.. 69% 66% -Jan-July 1980 Northern 116% 2 79 Vi 67% - 1983 100'/a 101 87% 75% 24 71 63'A 71'A April-Ocf Afay-Nov Jan-July Jan-July Afay-Nov -Afay-Nov General mortgage 2%s *115 *__ '/a 71 '/a •100% Coll trust 103'% 103% *68% 71 81 78% 70'A 93¥4 99 99 837A June-Dec 1973 series D 96 103 73% *77 933/4 2%s 97 ~6 32 80 ¥4 71 'A Jan-July Y Telephone Refunding & improve 4'As — 104% 607/a 88 99 »A 101% 94'A 79 99 91 Light first mtge 2%s 1975_Afar-Sept April-Ocf 84 •104'A 94 % 104'A 104 104 67 80 % 437 57% 72 84 '104'A 106'A 105% 80% 8% 72'A 99 289 203 5% 26 111% 86¥a 9 4'/a 4% 78% 6 807A 85s/a 93% -8% 88% — 102% 943/, 4% 74 103% 99 86'A ,.8'A 84 *99 80'A —June-Dec 66'A 111'A 112 101% 72% Feb-Aug 1955 4s 13 ~6 S3 269 817A 1998_Feb-Aug 2043— 97 97 101% 79% Feb-Aug 1989 71% — 101% 23% 69 3%s 95 87 93% 8 •100 Jan-July Feb-Aug General mortgage 3'As 1983 Feb-Aug Norfolk ft Western Ry first gold 4s 1996—April-Ocf Northern Central general 81 ref 5s 1974—Mar-Sept General & refunding 4'As series A 1974_Mar-Sepf 69 April-Oct St 1998 1st ft cons mtge ser A 2004 AGeneral mortgage 4%s series A 2019 General 76 59 8 Afar-Sept refund mtg 3%es ser F 2003 First & refund mtge 2%s ser G 2003 First & refund mtge 3%s ser H 2003 First & refund mtge 3%s ser I 2003 3'/bS 3 73% 66 April-Oct & mtge debentures 78'A * April-Ocf Louis Div second gold 3s 1980 Louisville Gas & Elec 1st mtge 2%s 1st mtge 3%s 1982 Income 71'A 71'A 1976_June-Dec 3%s debentures 1978 Louisville & Nashville RR—• 1st 92 95 *88'A May June-Dec Long Island Lighting Co 3%s ser D Lorillard (P) Co 3s debentures 1963 3s debentures 1976 First 89 21 38 101 80 Refunding mortgage 3%s series E 1980—June-Dec mortgage 3s series F 1986 April-Oct 3%s April-Oct May-No® 1962 Corp— debentures 1980 Electric 6 89'A 86 86 Aircraft subord 86% 79% May-Hoc Afay-Nov —Afay-Nov 2003 contingent interest 2003 contingent Interest 2003 general 93 93'A May May Lehigh Valley Terminal Ry 5s ext l979___Aprll-Ocf Lexington & Eastern Ry first 5s 1965 Lockheed 96% 96% 4'/2s ASeries 86% 84 89 100% 100'A 101 First Northern Natural Gas 3%s 2003 Interest contingent ASeries Little 89'A 4'As extended to 1974 Jan-July RR gen consol mtge bds— 4'/2s ~1 86'A 3%s gold General mortgage 3'As 8 j 'A Feb-Aug mortgage 5s extended to 1984— Lehigh Valley Railway Co (N Y) — 1st mortgage *85'A Ry— 1st Lehigh 86'A 86'A 3'As 100 Refunding mortgage 3%s series E 1078—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Refunding mortgage 3s series H 1989 Apr-Ocf Niagara Mohawk Power Corp— June-Dec Lake Shore ft 84 , ♦66 N 7 Terminal— mtge sink fund 3% 98 *51'A . L Lakefront 80 89 101 % 102 100 100 Jan-July 1997 collateral N Y Power ft 160 6 1998 A N Y ft Putnam first consol gtd 4s 1993 N Y State Electric & Gas 2%s 1977 N Y Susquehanna 81 Western RR— Term 1st mtge 4s 1994 102% 100'A 100'A Afar-Sept Shore AGeneral 100% 2 67 *— April-Ocf 1956 series tAN Y Ontario & West ref 4s June 1902—Mar-Sept 100 100% April-Ocf 4s Harlem River & Port Chester— 1st mtge 4 y«s series A 1973 64'A 61'A 64'A 100% 97% S3 York Central RR Co— •''.-First ft refunding mtge 4s ser A 2007—Jan-July " AGeneral mtge conv inc 4'As series A 2022—May ... June-Dec Terminal Ry 2%s 1974 Kentucky Central 1st intge 4s 1987 Plain 95'A series D 97% 1 *102 Feb-Aug Feb-Aug Mortgage 4s series B 2043 N Y Lack ft West 4s series A Co— C City Kentucky ft Indiana Stamped 1961 94'A *93'A June-Dec 1980 dpriZ-Oct AprlZ-Oct 1956- 4%s series B 1973 N Y New Haven & Hartford RR— 88 86'A C Mortgage 4s series A 101% *86'A 1st mtge 4s 1990_ City Power & Light 23As 1976 mortgage 2'7/es 1978 Kanawha Kansas 4'As series '-84 *97 % 107% Ry— 1954 1954 N Y Connecting RR 27/«s series B 1975 N Y ft Harlem gold 3%s 2000 99'A 95'A 21 B 97% *98% 100 May-No® 07 % 104% 97'A 97% 102% 87 — *96'/a 97% High 103 Va 33 Vi 31 New York Chicago ft St Louis— 104 25 101% 1017A Mexico ft series A series 5s 4'As Afar-Sept 101 *97 1986—Feb-Aug Mar-Sepl registered 1998 Michigan Cent collateral gold 3%s 3%s registered 1998 1 Jersey Central Power 81 Light 2%s 1976—Afar-8ept Joy Manufacturing 3%s debs 1975—' Jan. I Low 33% *104% 104% Jan-July 3%s .97 *__ Texas 6%s 3%s registered 100 103% Orleans Lake 110% 100 103% *__ Afar-Sept General mortgage 3'As 1997 122'A 121'A 106'A Range sinew ' No. N Y Central 81 Hudson River RR— ■*.... Jan-July Jan-July 1974 Feb-Aug Refunding <fc impt 4%s series A 2013—April-Ocf Refunding ft impt 5s series C 2013 April-Ocf Collateral trust 6s 1980 April-Oct 127% 116% 108'A 109% 'j debentures Consolidated 128 % II6V2 — ♦121'A 121 'A Afar-Sept 1978 . . 48 125 125 Jan-July Jan-July Jan-July 1972—Afay-Nov Interstate Oil Pipe Line Co— 3%s s f debentures series A Interstate Power Co— 102 126'A 127 127 1982 New *„ April-Ocf 1952 1956 B 100'A debentures AFirst 149 10 Sold High 101 Afay-Nov April-Oct AFirst 95 141% 142 % Bonds Friday's *99'A 100'A -June-Dec 1961 AFirst 166% VJL V 1967 AFirst 5s 101 128 2%s debentures fNew 1023/8 98 147 *88'A Jan-July 101% 100% —» J#ar-Sept 1952 A 100% ■ lo5 '/• 170 Afar-Sept 1st mortgage 3.20s series 1 1982 ^International Great Northern RR— 5 may-Hot New Jersey Power ft Light 3s 1974 New Orleans Terminal 3%s 1977 103 V4 2 1982 3s 100 Mo% or Bid ft Asked 1974—ApriZ-Oct 3%s 1st debs New Jersey Bell Telephone 3%s 1988 New Jersey Junction RR gtd first 4s 101'A 100'A 100 100% 100V Feb-Aug 1972 99 "7 l-/y *100'A 101'A Indianapolis Union Ry Co— Refunding and imp 2 'As series C 1986—June-Deo Inland Steel mk 100% 101.V Corp I s 3s 103 *99% Steel 3%s England Tel ft Tel Co— First guaranteed 4%« series B 1U5 103 •II Bale Price New 10i:'/a 104 __ 104 — Prods National 8upply 102 101% * Jan-JuZy 1948 6s 101% *101% May-No® Ry 4s series A National 95% *101% 102% —May-No® 1955— Illinois Terminal 99% 92% 98% 12 102 Feb-Auy Mar-Sept Jan-July 1989 debentures Refunding Refunding A ser 93% Week's Range Last Period Low I 1081—Jan-July Interest Exchange High Low Chro 1955 Monday/. July 25, " Friday Bonds ... BOND RECORD ENDED JULY 22 Week's Range Friday Illinois Bell Telephone 2%s series A Commercial and Financial 99% 100% Commercial and Financial Number 5449 .,■<The Volume 182 Chronicle 31 (339) NEW YORK STOCK EXCHANGE BOND RECORD FOR WEEK RANGE Friday B o N D 8 Phillips Petroleum 3.70s conv deb Last Period Sale Price Called Plllsbury on 2%s Mills debentures 1964 lno 116% series 103 Vi 103% 104 general general First 93 92% May -Nov general 4%s series D 1977 Plantation Pipe Potomac Elec Fust series 93 Vi *100'/a 100: 18 , 110% 110% Line Power 2%s Term 102% 43 100 103% Public Service 1984 : 1956 4s 1 O Afar-Sept 100 May-Nou First t* 100 • - ~T 100 100 99% 6 101% 105 % 140% 143% 1 76 101 bb Va 34 Va 30 1*8 1961 1 ' ■ 210 216 % *208 »— ) 100 *94% —" A ' - 96% 31% 102 v2 102-/B 10 *100% 101% ; — 95 ' 99 Jan-July *— 99% 83 84% debs conv 26 102% 98% 98% 2 99 Rheinelbe. Union— 1977 ; 7s 3 Vis assented 1946 Jon-July 1971 debs f s sinking 1972 debentures fund debentures 2%s Rochester Gas 1955 6s Electric & *156% ~ May-Noo May-Nov Feb-Aug —April-Oct — mtge United Steel 101 % 98% debentures 2%s 1973 __ — *168 —- 1 ' *lo2% 158 —— *152% II 169 6%s sinking 125 -- Mar-Sepf 1969—-Mar-Sept *98 Bt Mar-Sept Adlrond'k 1st gold 5s 1996_Jan-July- & gold 101% — Louis-San Francisco Ry 1st mortgage Co— , 4s 1997 4s series A Second 4s inc bond Bt. Bt Scioto Bcott V & certificates Nov 1st mtge 3%s Seaglam series 3s (Jos E) Service Shell 2%s JASiemens t§ASilesian-Amer Corp Oil Sinclair Corp 3Vis 1951 Socony-Vacuum Oil 2 Vis South RR North Southern Bell Ala 23As debentures Southern 3'As June-Dec Aprli-Oct . 1963 5s 96 1985 — 3 101 % California Edison 103 % 96% 99% 18 94% *76% 130% 6 78 __ 128% 131 246 *97% 100 93 % 92% — 93% — 14 *110% — 12 99% 99 93% Pacific First 4 Vis Gold 4 Gold 99% 95% 95% 3 119% 571 -- 119% Jan-July 117 82% 63 % 97% 101 % 1st mtge 3%s ser A 62 105% 107% 106% 107 60 105 107% 106 106% 13 104% 106% 100% 100% 5 100 100% 1986 1996 First mortgage 2Vis series G 1961 Southern Ry first consol gold 5s 1994 Devel and general 4s series A 1956 Devel and general 6s series A 1956 Devel and general 6Vis series A 1956 Memphis Div first gold 5s 1996 Orleans & Northeastern 3Vss debentures Tel debs 2%s Standard Oil (Indiana) Standard Oil (N J) Products Btaulfer Chemical conv debs 2 83 85 98% 1st 98 95 % 19 132 % 13 100% 102% 101% 102 3 101% 4 102'/8 120 3 119% 913 i 99 Va 101 100 1973 91% 100 *78 % 1971—Afay-Nov Jan-July Mar-Sepf 1 82 100 — 101% 117 118% 120 — 52 75 V4 mortgage 66 Va __ 101% 77% 49 75 «/a 29 Mar-Sept 6s B first S 4s Electric 2%s Power mortgage 2%s 2 103% 102% 100% 35 100 Va 101 103'/A 103 VA 8 103 VA 104% 17 82% 86 Va 2 74 Va 87 92 95 82% 83 83 81 81% *— 92% ♦95 Afar-Sept Jan-July 90 101 100 100 Va — June-Deo 1976 1979 172% 90 *89 101% 101% Jan-July May 1 2029 97 Va 152% — Co— series A 2004 4Vis inc ser A Jan 106 Va 105 92% *100 Jan-July 1960 103 •r- 97% *172% 97 Va 107 100% 31 — *94 A ser 103% — 104'/a 105 — 102% 97 Va 105% *102% Jan-July 104% 100% 100 *96 78 76'/A 67 Va 101 *100%-101 % *105 103 Va 106 Va 68% 4 102% 103 — 97 103% 102% 74 Va 77% 104 95 — 75% Afar-Sept 1980 73 66% 103 — •102 —May 4s mtge 90 3 *104'/A 104% Jan-July 1981 71% Telegraph Co— Wisconsin Public Service a 3 Via 1971 Light & Power 2%s Electric 109% 96% *__ __ 101'A — .... ■ . 100% 103% 92% 5 91 % 93% 93 1976_Jan-JuIy 13 96% 99% 104% 105% *104 — year's range, d Ex-interest . e Odd-lot sale not Under-the-rule sale not Included in the year's range, r Cash sale not Included year's range, n the year's range, y in the Ex-coupon. Negotiability impaired by maturity. JCompanles reported as being In bankruptcy, receivership, or the Bankruptcy Act, or securities assumed by such companies. 94% 97% the sale S 123% 92% in delivery Included in not 113 365 Deferred included 82 100 97% • A 17 __ 91% ■ ser 1984 99 Va 87 Va •97 1953 Jan-July 2%s A 1992—Mar-Sept 1970 Mar-Sept mortgage 3 Vis series D 1967 Jan-July & Co first mortgage 3s 1958 April-Oct First 95 120 *102% April 3%s 87 VA 96% *103'/a guaranteed 2361 RR Co 83 6 120 "7 4s 86 3 66 % Jan-July 1966 84% 87 VA 97 Va 105 120 , 88 102 *91 May-Nov I 1960 5s Wisconsin 104% 102 •% 102% series debentures Union mtge Gen 134% 100% 100% 100% 3Vis conv 1982—Aprll-Ocf 1974 3%a 84% 1974 3%s 3 Vis Wisconsin Central RR ' June-Dec 1967 debentures 2%s debentures First Wilson 90 132% 132% May-Nov 5s 88 100 Va 84% 87 Va Wheeling & Lake Erie RR Yonkers 1985 1983 Coil 18 *95% 132% 88% 84 % May-Noo April-Ocf ASpokane Internal first gold 4Vis 2013 Standard 88% Jan-July Jan-July Jan-July Jan-July April-Oct April-Oct April-Oct Jan-July 96 Va 93 Va 9 — 97 VA Wheeling Steel 3%s series C RR— 1977 Bell — 104% 87 % 1991—April Westlnghouse Electric Corp 2%s 1971 Westphalia United Elec Power Corp— § a 1st 106% 107% 106%, 101 6 102 *86 April 1981 A Jan series B Jan debentures series A 4%b 125% 106 '/a 104 7 110 9o% 95% 2361— Pacific 30-year 85 first Income Western 119% 115 Shore registered 5s 97% 106% '75—June-Dec mortgage 2%s series F 2%s 156 Electric Winston-Salem First Southwestern 124% 101 110 103'/a ♦101 3Vis series B 1971 Penn Western Co— Mortgage 2%s series E 3%s 122 series >ncome Penn Power 4s 95 78% 103'/a Jan-July Jan-July Western Maryland Ry 1st 4s ser A 1969—April-Oct 1st mortgage 3%s series C 1979 Apr-Oct 95% 112V4 111 2 ___ 103 Vi 1973—April-Oct 105'/a 102 Vi 102 *109 Afay-Nov 1996 mtge income 4 Vis West 92% Mar-Sept May-Nov 1977 A First Joint 124 1 85 mtge 4s West 110 % 94% B — 102 % 103 Co- RR West 135 101% 97% 1958 5s - 102 Jan-July April-Oct 99Va 96 *b4Vi * 1981—June-Deo April-Oct 1982 J 98% 99 Va - 101% 94 Va 2 143 101% 95 *95 Feb-Aug Westchester Lighting gen mtge 3 Vis 1967—Jan-July General mortgage 3s guaranteed 1979—Afay-Nov 163% May-Nov Lines) 1981 San Fran Term New 85 „ 4Vifl conv 1973—June-Dec Co 1969 Southern Pacific RR ' 115 Va 5 — *99 Vi Washington Terminal 2%s series A 1970 Co— (Oregon Vis 4 Vis 131 95, Feb-Nov Walworth Co conv debentures 3 Vis 1976—Afay-Nov Warren RR first ref gtd gold 3%s 2000—Feb-Aup 96% 113% H ser ser series First mortgage 103% 101 92 *91% Feb-Aup -Jan-July 1970 3%s Gen 97 95 ' Southern 90 81 w 160 % -- 2%s mtge Gen Co— debentures Soutnern Indiana Ry 2%a 1994 Southern Natural Gas -- 90 *100% 1975—Afar-Sept 1978—Afar-Sept 1979—June-Dec 1980 Mar-Sepi & refund 3%s ser I mtge consolidated First — 101% 101% 94 . ref Wabash 94% 98 *— . Jan-July 1987 convertible ' — — - 125 131 —June-Dec 1969 First lien and ref mtge 3 Vis ser C 103% *94% Jan-July 1979 debentures 2%s 262 Jan-July 1976 gtd & 119 201 96 Jan-July 1983 ref mortgage Virginian Ry 3s Telephone Ac Telepgrah Co— debentures 3s 118% — Mar-Sept Skelly Oil 2Vas debentures 1965 & 118 coll trust 7s 1941„Feb-Aup conv 103% 100 April-Oct 1971 6%a 108% 100 *103 __ June-Dec Halske & 107 103% 1 *113 Aprii-Oct 1 debs 1982 s debentures 117 100 June-Dec 1966 1974 Pipe Line 3.20s Oil 150 * 163 135 — *85 4s series B 1957—May-Nov & Power Co— Virginia & Southwest first gtd 5s 2003 112 3 *250 Mar-Sept . and 1st 100% 91 100 • First 105% 100% 115 May-Nov 1977 & Sons 2Vis debentures 3s 88 7 1980 B debentures f s 141 152 *148% Jan-July \65 '• 135 *164% June-Dec 93 93% 153 165 ♦148% 159 First and refund mtge 2%s ser E First and refund mtge 3s series F First and refund mtgp 27/bs ser G 88% 88 1st *100 —— Mar-Sept Co— RR 2 *107 1989_Jan-July England 1st gtd 4s 1989—May-Noo Line 18 99% 99 115 gold 4s 1968—June-Dec Depot 3 Vis B 1971 April-Oct New Air — 100% 101% — May-Noo Paper 3s conv debs 1977 Seaboard 81 *86 Paul & Duluth first cons Paul Union II *88 Jan-July May 2022 1989 certificates bond 89 92 *147% consol gtd RR Virginia Electric 99 1 .. ASecond mtge inc 4Vis series A Jan Bt Louis-Southwestern Ry— First 103% 92 June-Dec 1968 Vanadium Corp of America— 3 Via conv subord debentures 102% 99 99 April-Oct 1996 6s 102 89 165 105'/a 152 % 1977 Baguenay Power 3s series A 1971., Lawrence ctfs 47/as 105v ioe% *164% -June-Dec fund mtge series C 1951 Participating 154% 127% 103 Va 105 103'/a 89 92 June-Dec 3Vis assented series C 1951 153 ■ 125 __ *152% 158 103% 18 . 6%s sinking fund mtge series A 1951 - 58 105% 105% *102 Vi 98% 96 15 ' 104% 104% Vi 104% 104 'A 99 97% 98% 96 Jan-July 146% > 105 % 95% *103% 104 Vi Jan-July 164 148 99% 90% 103 % b6 105% . 1947 140 . Vandalia Second Corp— series A 86 % 1 Corp— General mortgage 4%s series D General mortgage 3 Vis series J Bt Works assented 3 Vis 2 102 '/a 103 Aprii-Oct 170 / 3 87% *97% 96 Apr-Ocf Afay-Nov 1978 1967 97 105 % 105 % * Jan-July Feb-Aug l—_Aprll-Ocl 3 Vis assented series A 1951 Rhine-Westphalia Elec Power Corp— § A Direct mtge 7s 1950 SADirect mtge 6s 1952 § AConsol mtge 6s 1953—. AConsol *117% 183 — 111 Va 104 87'A J an-July 6%s debs series A 1947 Jon-July 99% 96% 26 172 97 Afar-Sept & coll trust 3%s 1972 U S Rubber sinking fund mortgage 194G 103% 100% 97-/4 108% 97% 107 108 1966-—April-Oct . mtge ft coll trust 3%s 3%s 86% ^ " 108 97 * 101% 95 Vi 98 ' 94 100% 102 % •101 June-Dec Afar-Sept — 27/8s 1st 99% 83 __ 100 103 ao *99% luQVi Afay-Nov debs 1970 1975 United Gas Corp 2%s 1970 104% 101 % *j3-/a ' 83 97 1 — 104% 104 % . Afay-Nov June-Dec tr 27/8s 1980 1982— 3 Vis 4%s Reading Co first & ref 3%s series D 1995—May-Hoy Reynolds (R J) Tobacco 3s debs 1973-—April-Oct 47 V* 100 — *91 Afay-Nov & col) 3%8 debentures » 102 — b6 9b *yy-/4 Afar-Sept 1971 United Biscuit Co of America 2%s t - — • 100 % 99% 7o 100 debentures 1978 Feb-Aug Refunding mortgage 2%a series C 1991—Afar-Sept Union Tank Car 4 Vis s f debs 1973— April-Oct ; II , 100 75% Union Pacific RR— 101% 11 '..hi.** 102 % 102-/8 105VA 34 '/a June-Dec 1968 Union Oil of California 2%a 1st mtge 1964 1985—Jan-July 1974 mortgage and coll trust 2%s 1975-Aprii-Oct debentures 1st mtge v Q debentures 2%s T~ ■ "100% 100 , mortgage 3%s 1983—April-Oct : 2%s debs Corp 1st mtge -J 100 v-- 1 II *140 . June-Dec 1972 and refunding Quaker Oats rH 0 0 102 % and 3%s debentures 1st 97 * 1963- 3%a and4p£bt 3%s I960—June-Dec ref 100 YA 135% 104 2a 104% 104% 104% Pacific—■ Orleans New 1 3s refunding mortgage 3V«s 1968—Jan-July refunding mortgage 5s 2037—Jan-July First and refunding mortgage 8s 2037—June-Dec First and refunding mortgage 3s 1972—A/ay-Nov First and refunding mortgage 2%s 1979-June-Dec • 94% — . 101 98 134 110 3s 1 *100 — First and First - : ' r- 94 V4 1 _3 bd bti JAThird Ave Ry first refunding 4s 1960—Jan-July A Adjustment income 5s Jan 1960 April-Oct Electric As Gas Co— debentures of RR E ser Union Electric Co of Missouri 3%s *93'/a — —Feb-Aup Jan-July Afay-Nov 103 99 VA *99% 101 1970—April-Oct *106 Mar-Sept 1977 1983 Terminal 105% 110 100 Va 64 100% 101 % 3%s series C 1990—April-Oct June-Dec Texas Pacific-Missouri 100 102 June-Dec 1970 1st mtge 3Vis 2%a mortgage *106 June-Dec 3Vis series B M refund M 37/as and Tol & Ohio Cent Feb-Aug 1974 97 94 3 bt 123 116 Va 3 116% 116% 101'A Afay-Nov first gold 5s 2000 Pacific General 37 100 % 100% 96% 100 98 Jan-July April-Oct 3s debentures 1965 First and refund M Texas & 93 Vi 98% 102 95 94 % bo-va Texas & New Orleans RR— 108% 87% — 102 High b*Va St Louis— M 4s series C 2019 impt 27/0s series D 1985 Trl-Continental 1962 B series C mortgage 3s First Providence 3s 5s 5s and First and refund April-Oct Jan. 1 Low No. bt'/2 "iJ-tVi Ja»-July Range since bold High May-Noo of Assn and Impt Texas Corp Pittsburgh Youngstown ft Ashtabula Ry— First RR Refund 108 2 110% 110% Bonds Friday s Low * Jan-July 1972 1973 Refund 107% — debentures 1966 debentures 2%s debentures —Mar-Sept First 2%s Co & » 108 — or Bid & Asked 103Vi 108109 *110 Vi April-Oct 1984 A 115%; 102% 30 — *108% Pittsburgh Consolidation Coal 3Vis 1965—Jan-July Pittsburgh Plate Glass 3s debs 1967 April-Oct Pittsburgh & West Virginia Ry Co— 3%s 121 Vi 109 Vi *108 1964_Afay-Nov Pittsourgh Cine Chicago & St Louis RR— General mortgage 5s series A 1070 June-Dec mtge Swift 101 102% 102% Consolidated guaranteed 4%s ser J 1st Sunray Oil Corp. 27/8s 100%, 113% „ *102% 1963—Feb-Aup 1964 976 Sale Price High 98 - Exchange Last Period , Terminal Consolidated guaranteed 4s ser G 1957—May-Nov Consolidated guaranteed 4s ser H 1960 Feb-Aug Consolidated guaranteed 4%s ser I 1st mtge 3%s 2 862 *101 Va Plttsbgh Bessemer & Lake Erie 2%s 1996—June-Deo Pittsburgh Cincinnati Chic ft St Louis Ry— Pittsb Coke & Chem Low 103% 113% juue-Dec General mortgage 5s series B 1975— General mortgage 3%s series £ 1975 98 New York Stock Jan. 1 No. Interest BONDS Range since Sold 115Vi 118 113Va 1972 det>s x a Week's Range Friday * Bonds High 98 5 jyba Friday's Bid & Asked Feb-Aug -June-Dec August or Low 1983 ENDED JULY 22 Week's Range Interest New York Stock Exchange •Friday's bid and ABonds asked prices; no sales being reorganized under Section 77 ol transacted during current week. selling flat. AMERICAN STOCK EXCHANGE WEEKLY In the following extensive list AND RECORD YEARLY week beginning Monday, complete reDort of the transactions on the American Stock Exchange for the July'18, 1955, and ending Friday,. July 22. It is compiled from the report of the American Stock Exchange itself and is intended whether stock or bond in which any dealings have occurred during the current year. we furnish a RANGE Week's Friday STOCKS Last American Stock Exchange Par Acme Aluminum Acme Wire Co Alloys 10 Shares Hat Stores Inc 6 6% 29 Va 30'/A 8 Va 7% 7% 1 4 4 Stores 400 550 _* Agnew Surpass Shoe Ainsworth For 1 Manufacturing common footnotes see page 35. 5 Va 22 Friday since Jan. Low 29'/A 1 Supply JULY 4% 4% 28 Jan Mar 3,400 5% Mar 5,000 4 14'/A 13% 14 VA 1.900 13% 13% 13% 5,100 Last STOCKS Range High Manufacturing Aeroquip Corporation Aero ENDED for Week 1 common WEEK Sales Range. of Prices Low , Adams 1 Sale Price FOR 8% Jun Jan T'/a Mar 10 Jun 7% Jun Air Associates Inc (N Jan Air Way 8Va May Airileets 6% Ajax Jan 17% Mar Gas Corp Southern July Alabama Great 14% July Alabama Power 4.20% 8 preferred Shares 10% 10% 10% 100 15 16% 1.500 22% 2 50 100 35 % 35 500 24 % % 37 1 since 102% 102% High 12% Jen 13 Vi Mar 17 Jun 13% 35% 19% Apr Jan Feb 7 300 5/s Jan 1 Apr 7,000 27% Jan 37 July 140 102% 1 Jan. Low 15 % "% Range High 1 50c Ltd for Week Range 3 1 Inc Petroleums Alabama J) Industries Inc Sales Week's oi Prices Low Par High 38 Sale Price American Stock Exchange 1 to include every security 25 Jan 100 Mar 160% July 105% Jan Chronicle... Monday, July 25, 1955 The Commercial and Financial AMERICAN STOCK EXCHANGE RANGE | Week's Last Range of Prices Low 1 Inc 5% 500 5% Jan 93% Feb Canso 4% Jan 7% July Canso Oil 5 5 5% 3,800 Jan 6 % May Jan 13% May 4% 4% 2,000 9% 4% 10% 10 Feb 1,100 93/4 Mar 600 13% July Jan 5% Feb 38 500 33% Jan 40% Feb 97% 250 95 23% 23% 100 21% 12% 13% 1,000 10% 10% 10% 500 % ~~U ""% 5,300 1% 400 1 1% 100% May Mar 24 Jan 32% 33% 500 24% Jan 42 3/8 Jun 28% 29% 1.000 23"% Jan 293/s Apr 35% 25 19% 32% Jan 40 Jan July 33% May 37% 14% 21% July 43/4 Feb 1,600 4% 10% 8% Mar 10,600 4% 4% 1,700 Feb Jan Jan 29 29 Jan 30 Jun 19% 19% 300 16% Jan 21 Feb 8% 7% 83/4 19,900 6% Jun 93/s Mar 3 A 2 25% 19% 3% 3 ,V 11.200 3 % May 4ft Apr 14% 1,400 14 14 7,200 13 110% 15 Jan Mar Anglo-Lautaro Nitrate Corp— shares..—. "A" 2.40 : Manufacturing Co. 10% 9% 1 100 9% 180 27% 3,300 9 26% 117ft Apr 3% 107 Jan 22 5ft * Apr Jan Fuel Oil Corp— 5 32% 29% 32 % 12,800 29 3% Jan 38% 5 17% 16% 17% 12,500 14% May 17'ft Jan 4.72% Co Gas Light— & —100 preferred 6% 6 % % 4,500 107% July 5% Mar * 2.50 32% 31% 32% 2.200 24% Mar 343/a Jun 32% 32% 32% 3,300 18'% Jan 343ft Apr 100 8% Jan 13 Armstrong Rubber Co class A Aro Equipment Corp — American Associated Associate Food Tel (ex A July reg 1 5% 6% 5,500 3% 2% 3% 22,800 paid on Dec 22 '53)__* $41 on Fisheries— Line 104% 1 Atlantic * Co Atlas Corp warrants. Atlas Plywood Corp 104 1% 15% lc 30% 1 % 3,900 3% 1,300 4% 15% 8% Ayshire Collieries Corp common——3 11% 4% * 22% 3% 3% 99% 46 200 11 1 Science & Electronic— 5,200 48 19% 11% 1 > 240 1 % 46 1 Non-voting non-cum preferred Automatic Voting Machine 104% 1 % 48 —22% Automatic Steel Products Inc Axe 8 5% July 1% July May 4'/a Jan Feb 16 8% 15'% 13,000 Feb 104% Jan 23ft Jan May 24'ft Mar Jan 10% 13'ft Apr 2'ft Jun 55 July Jan Jan ' 400 800 8% 11,600 30% 800 Feb 5 Jan 4% Feb 143ft Mar 16 3ft Feb 3 3ft Baldwin Banco de los Basin Oil Ltd Maine Inc 3.50% 29,300 Jan 12% 17% 3,300 15% Jan 4% 10,400 3% Jan 29% July 43/4 Jun 9 9 9 Jan 10% 21% Aircraft Instrument Benrus Watch Co 400 9 2% Inc class A (H C) / — Bridgeport Brillo Ohio Steel Central Power Convertible Chans Corp Charter Co Co Chamberlin 16% 9'ft 4 % 4'ft 9,700 8,800 (The) Controller D 29% 8,700 8% Jan 30% July 600 45% Apr 51% July 14% 14 3/4 July 15% July 15% 4,500 9 5ft 10% 15,600 113% 800 "73% 600 11 11 38 — Oil Brown 200 300 Mills Ltd American Byrd 6% 9% May 10% Jan 11% July 13% Jun Jan 7% May 10 Jun 9% Apr 83/4 Jan 14% 36 Jan 45 99% Jan Apr Apr Eastern California Electric 5% Mar 1 200 Ml 2,100 n 22% 3,300 20% Jan 23'ft Mar 1,100 29'% Jan 35% July 35% I7(T 8]7o 1% 300 4 * 38% 4 36% 100 38'% 2,300 18% 18 19 54,100 19 18% 19% 26,900 18% 17% 18% 5.400 7% 7% 7% 1,600 151/3 14% 15 V8 2,500 21% 21% 21% 300 6% Jan Jan 7% J»n 8% July 3U Feb 26 Feb 9% May 4% Jun 38 % July July 19% July 16 Mar 18% July 7 July 13% Jun Feb 8 16% Feb 19% May 4% July 26% Mar 31% July 25% Jan 5 Jun 29% 31% 800 18% Jan 25 24% 25% 3,000 22 % Apr 7% 7% 500 Jan 8 % Mar 10% 10% 200 Jan 10% 300 10% July 10 % Jan 11 10% 18% 19 1,800 16% Jan 203/« Apr % % 14,000 % 4% Jan 10 3/4 Feb 6,200 2% 3% 5,000 9% 8% 93/4 900 6% 7% 7% 7% 2 1% 2 50c 4% 4 4% 1 1 % 1 23,000 100 2% July 8% Jun xl Jun 14 May 16% 17% 8,700 33/4 10c 3% 4% 42,300 Canada Bread Co Ltd— • Canada Cement Co Ltd 41% 41% 300 15 __ 14% 6U 14,100 27,800 734 3,800 11% 300 9% Mar 1,600 4% 4% 900 l'ft 2% 113,500 10% 1,300 common Ltd . Ltd * • 10c 35. 2% 6l« 2ft 6ft 3% July 11% Jan 5 Jan % Jan 73/4 Jun 534 Jan 13% Jan 1% July 2% 27 2% Apr 6% Jan 18 3/4 May Jun 4% July 15% July 63/4 Jan 32% Jan 37% May 15,100 2 14,600 5% May 2% 275 11,300 2'ft Jan 7% Apr 11 36 % Jan 49 V2 23% 22% Feb 6,379 fc.l 6% 6'ft 14 Jan 24'ft Jun 3,500 233ft 7 6% July 12% May 9'% Jan July J 9% Jan 10% July 53/4 1.600 5 May Jun 31% 14'ft ' 15% 15% '' ' 17 3,300 » Ll Ll —— »0c Consolidated Engineering Corp Consolidated Gas Consolidated Liquidating Lines 26 4,000 24 133ft 13% 133ft 2,200 12% LtdJ ft* Apr 38% 37% 38% 133ft 13 133/a 1,600 (.25 13 13 13% 2,000 "6 6 6% 2,500 1% 1% 100 1% ~~6'ft 6 6% 400 5% 2% 2% 5,300 2% iJO - — Corp..—ft ftl Corp ... 12 Cook Uranium Paint & Corby (H) Inc Varnish Distillery Co.— Ltd— Class A B non-voting Coro Inc Gold 2'ft k-* "v:. 45 ! 14% Fen Apr 93% Feb Jun 3 Jan Jan 6% Mar Jun 5% % 16'ft 16% .1 15% % dep receipts Petroleum reg)i.£l (ord Crown Cent Petroleum Crown Cork Internat'l Crown Drug Co (Md) Jan 17% Jun Jun i7« July Jan 16% 1.800 12% Jan 163/» 16% 9,300 9% Jan 16'% July 20% 600 193% Mar 93ft 9,500 73ft July 7 )6 7 9 ' Mi 7.700 59% 7,s* 8'% 61% 9,800 8% 500 1,000 8 14'ft 14 14% 26% —. Apr Jan 15% 60% ft£i_l Co..../ & 19 26% 27 L_5 5"% 20 3% partic 3'% 25c common Jan 8 45% May 6% Jan 63 3 Crystal Oil Refining $6 Cuban ~ V L— Atlantic Sugar Cuban Tobacco common Curtis Lighting Curtis Manufacturing Inc 21 *. common preferred : .10 common.—' ■ 174 113% 5 16'ft 25% Feb 27 1,800 3% 2'/a Jan 450 19 20 164 , Jan F«b July 3% Jun 24"% Mar Jun 175 Mar 11% 7,200 93ft Jan 12% 323ft 1,260 17% Feb 333ft July 6% 5 21 175 Apr 11% 2.50 (Mo)J Jun 133ft Mav 29% ' 31 _/—___*_ common Co 20% 1 Jun 9% 200 " July 9'ft July ' "A" July 8% common Milner 43 7,800 Ltd— American Jan 35% Mar 20% — Creole 350 16% & Crowley Jan Jun 15% July 16 % [_5c $1 Courtaulds 40'% Jan 6 ft* « ft.* —_. Jan July *10% Mar _* ift* _ Mines.. Reynolds common—— ft.l preferred class A Jft_* Cott Beverage Corp Corroon 48 1 ' voting/—... Class Cornucopia 10c // Jun 8-3% May 29'% Mar 2,500 Engineerinj ftl Inc. 13% Jan 11% Jun % ^ Royalty Oil/ Air 24% .1 Ll Smelt & 5% 25% foe'" —. Utilities Consolidated Mining Consolidated 5% - 7 300 — 6% July 17'ft Jan 21% 24 7 Anr Jan Jun Crystal Dairies Inc—/—. Davenport Hosiery Mills..: Brothers 22 3ft ,-lv 2.50 __ 21% 10,500 10% 143ft 50 14% Jan 8'ft >8'% :il-; 24 14% . ' Inc.. 8% 800 6% Jan * " Jan July 18% Jan 9% Mat ' Day Mines Inc Dayton Dejay Rubber Stores Demlein 8% 10c :— 35 class A Co <• Detroit Gasket Detroit Steel & 6,500 34 10'ft 9% 24% 27'ft 27'ft 80 10'ft 24% 27% 1,700 / 200 800 173ft —1 30 17% 3 - 500 18% 3% 10 30'% t25c 3% 3 1,200 600 3% Apr 2% July Jan 34 Jun 3ft Jan 11 Jun 203ft Jan 27Va 22 % Jan 30 Feb Jan 155 May 5 13% 3 " ftl Products..-— lift 143 -1 Manufacturing. Detroit, Gray Iron Foundry Detroit Hardware Mfg Co..____J1 Oils 33 2% 100 ... Distillers 2 24% •; class A common.— IC--5 debenture , 34 $0c> common. Corporation Mfg 2'% 3 Jan 20'ft May 4% Mar * 303ft 200 28% Jan 1U IJV 1.11 18,400 l'ft Jun 2,100 3 15% 33% Ltd- Co American Ltd.. dep rets ord reg——L& Exploration Domestic Finance Dominion Bridge Dominion Steel 4% - 1 Corp common/ Co Ltd./.'L : Coal ord & Mar 43ft 15% 1.500 12% Jan 163ft 5% 5% 4,000 4% Jun 6 'ft Jan 8'ft 8'ft 1,700 7 Jan 9 Apr Jan 23 Jun 133ft July 1.3% Jun 5 18% Co Ltd common^ 17% 18% 13% stock- Chemical Co Ltdi—* Tar Textile 4% 14% 8% " 2.50 * <fe Dominion Dominion Dorr-Oliver z: ,7,v 8d L_1 Ltd——. 13 Inc 15% Apr 1.300 10'ft Apr 8'ft 400 13% 13% 10.500 13'ft 7% -ft- 13% 1,400 Ltd.... Dragon Cement Co Inc_: Draper Corp common— Drilling & Exporation Oo Driver Harris Power Co..... Co ~5% A 41% ...—1.10 8'ft July _53ft 2,600 8'ft Iftl 4 5'ft 12% Apr 15% Jan Jun 35 Jun 4% Jan Jan 7% May 30% July 41% ' 43 36 Jan 24'ft 26 26% 4 400 19% Jan 8'ft 8% 4,200 8% Feb 500 45 lu 15% —ftU-te common—— It's /1 reg. Duraloy (The) Durham Co— 45'ft 600 39% Mar 45% Jan 55 300 50% 53% Feb 15'ft 16 14,100 Jan ~8% ~7 13% Jan 17% Mar 3J? Mar 4% 8% July 93ft Feb ~8% 13,700 3% Jan 8'ft 100 7% Jan 8 'ft Jan ' Test Corp Jan 43 , Hosiery class B common— Duval _ Laboratories— Dunlop Rubber Co Ltd— American dep rets ord Duro Jun •26'ft July 54% —.7/10 — — B) Jun 25% ,r5'ft Brewery Duke 6% Mar Jun 35 preferred Douglas Oil Company $2 Dow Feb 2,\ Jun 19 Diversey (The) Corp Dome Jun 4'ft Mar Jan ' 33%' T Jun common Sulphur & Potash Co 8'ft 12 11% 12 27'ft ftl :—ftr ft 27% 28 900 600 22,500 12'ft July 27% May 8% Jun x7% Mar 30 % Jan 44% Mar 7ft 27 Jau 300 Dynamics Corp ft July 3ft Apr 7ft Feb 4%% Eastern Gas of America & Fuel Assn prior 16 Jan Hi July 27'ft July 3% Feb 8 7% V9 % May 'ft:* 12% Corp./—————■— $7 preferred preferred series B_ * V 26,500 9% 77'ft 400 63% 32% 34% 890 28 24 % 900 24 22% 17% Jan 123ft July Jan 77'ft July 37% Jun Mar" *" 167 167 50 26% Apr 172 series A—_—:—-—— $6 12% 76 % 34 'ft J Iron—- 12 r,% common—ll preferred MaUeable Eastern- States 27 43/a 700 Class 2% 4 Apr 27% Mar 2% • Jan 37% July 113ft Eastern Canada Southern Petroleums Ltd vtc__1 Canadian Atlantic Oil Co Ltd —2 12% 33% Mar S% ~23ft 37% Mar 133% Mar July 34% 37% Apr 8 93ft Mar 27% Mar 30s _ 20 7 'ft —* —. - * common preference 15 1% Jan 4% Jun 1,700 17% Inc 21 5% July 6% Jun 11% Devon-Leduc 19 Jan 143/4 29% 3% 15'ft J my Mar 17 6'% * Dennison 6% 8 1 page 10'% Mar 250 1,000 4,300 5% 11 _i0c vtc 1965— 30 July 31% July 500 Bee 19 6 ••_* 1956 to 27% 31 footnotes 15% 18% 1V4 Mar 10% to ext Apr 10c Co 36 15 18% Jan 11 ext Jan 25c common Oils 49% July 49% 21% 113ft Vtc Feb —7.50 Dock Jan 45 It 1 Js/1 Vtc 26 6/r For Oils Co Connelly Containers Inc 26 30% Ltd 28 49% 22% | Jun 25 A & 943% Mar 600 Jan 150 30 313% 6 Dredge Jan 83'% 18% 700 30 " 30% Homestead 16% Mar 75% 1,900 80'ft 19 Jun 30% 2Jan Apr 12 % Mar 14% xl4% 813ft 23'% July 25 313ft 6% July Jan 263% 263% * Canners 1% 11,900 i* Jan Feb 9% July 1 Canadian >2 Apr Feb 6% 12% Jan 5 Canadian Jan 22% 53% Power— Canadian Jan 5% 1.700 9,200 Calvan Consol Oil & Gas Co Camden Fire Insurance... 6% % 16% 400 2,400 83ft 3s 6d Estate Aviation 4,900 6 3ft 17% Davidson Calgary & Edmonton Corp Ltd Calif 22 19% 6% 6 3ft [20 common Daitch I2%c common Products Sugar 41% 26% 5% Feb 2.50 Corp (new). Electric 15% July Jan 16% 3% Feb 9% Mar — Apr Jan 24% Jan 8 9% 12 18% 19 Manufacturing.ft.4 Products DuMont (Allen Cable 8% Mar Jan 15% Jan 8% Jun 8% Mar 98 25% Jun 9 dep rets ord shares C & C Super Feb ElO Mar 10 preferred convertible class A Calamba Feb 93% May 4% Jun * Corp Corporation 7% 125 103 3 * Biscuit Oil 300 94 38 f1 Ccn, Coal Jan ilO 1.1 73/s Mines Ltd— Burry 7 3ft May Community Public Service Compo Shoe Machinery— 22,600 ..50c common Bunker Hill & Sullivan Burma 81% 12 Colts Manufacturing Co.: Commodore Hotel Inc 3% • preferred: convertible Feb 100 I* Sand & Stone Co 2% 2.50 Company Buckeye Pipe Line 60c 75% 700 -P Colonial 1,200 1 BSF 7% 10 9 -f-1 Airlines 2,500 10 common.—*. Plan 80% 7& Mar 8'ft Mar 14% Co. Caribbean 73% 1 preferred class B Budget Finahce 28% £4 -1 Farm Equipment Co Development ordinary.: Colon 2% 1 Bruce (E L) Co common Bruck Coastal 4% £1 reg common Co Jan 15 -%0 Cockshutt 7'ft £1 Distillers Rubber Feb , dep rets ord 25% .10 Co Aluminum 2% 10s Power common— cumulative 10 10s dep rets ord reg Forman 4% Brown Club 4% British Petroleum Co Ltd— Company 450 9 1 Inc Lambert & Clinchfield 73ft * Celanese Ltd— American 700 11 Clayton 23ft Co Amer dep rets ord bearer Amer dep rets ord reg Brown 100 38% Tobacco— American 22,400 7% 4'ft i_* common American British Columbia Jan 5 5% 101% 101% 3% 33ft — * American Jan ft 15 £l * Co Manufacturing Co British 51% 11% 101 'ft * British 4% 9% May 6 3% Mar 11% 7% 2^0 Mining- L Jan Jan 27'ft 5'ft jLO iz5 Clark 18 Va Jan 4 11 % 94 common Clark 5 Apr 6 ELO Ltd— Consolidated Jan 5% Mar 5'% 80% -L4 Chief 3% Apr Feb 26% 5% 11% L2 common Oil Co Jun 15% Mar 500 8% _1 America Chesebrough-Ponds % 3% 800 16% common..: of Cherry-Burrell • 4% LOO pfd. preference Aircraft Cessna Products & Light 4% Electric Co common Investors Inc Century Century 1 British "4% 1,050 ft % 9% 100 Central 20c common Gas 25% 51% i- 5 z Foote Gear Works Inc Brazilian Traction L:ght & Pwr ord Corp 53/4 Apr 16% Mar 26% — • ... Co Brad Breeze Jan Jun 10% * Co common Scrymser Bourjois Inc 3% May 14% — prior cumulative preferred__100 Borne 11% Feb Jan 193/a * common July May 1,300 ~7'ft 1 Co ADr 11,500 i._3 & Jan Apr 6 3/4 15 1 common - 51% 50c Inc 700 V 16% "27% 25 common 5'ft 218 Feb 233ft 16 23% 1 common (S) 5'ft Feb 22 1 Corp Black Starr & Gorham 5%% 12% Mar 21% 200 common Telephone of Canada Bohack 9,400 18% Jun 16% 118 July 9% Shoe Corp Blumenthal 5% Mar 7% 2% 1 Blauner's 14,900 14,500 2% Instruments Inc Bickford's 5,200 5% 9% 1 Belock 2% 12% 53ft 50c Beck Bell 2 12 53ft 1 . 20 7 Feb i preferred Car-Na-Var 11% *_20c Beau-Brummell Ties common Bellanca Jan 16% il Co— Power Aviation & 4% 12 1 Company— (AS) ft series..—__£* $1.50 Continental 16% 2'ft * Inc Beckman 115 Jun 5% ——$1 Illinois Secur Corp.. preference Continental 9 50c Power Jun 10 _z_ 11% Mar 4% . Tr Light & Barium Steel Corp Basic Refractories 1423% A Corp of America—.— Continental Andes— American shares _< Oil Ltd Bearings 10% 17 lc . Banff Barcelona 10% ..1 common Corp Feb Jan ' —1 Securities 10 V8 zi & Co (AM) Continental Commercial Class A— Baldwin Rubber 12 Jan 110% Max Castle 30% July B 33 Jun 8% 140 _4 July Bailey & Selburn Oil & Gas— Apr 9% 112% ft Feb 8% 21 27'ft 116 ~4% Continental 30 Jan 100 100 2s 6d 1 rets B ord— dep W) Co common Colonial div arrear & 6% 1 America. Atlantic Coast Coast 13 1 Inc— of 13 Tel— & $43 '53 £1 — Stores Laundries Associate CI rets dep 6 225 Industries— Electric Associate 109% May 73ft Jan warrants.—---—— Co Armour & 107% 108% Jan 5% 400 9% 111 112'% Apr Louisiana Arkansas Power Jan 2'ft 2,200 10 131 Casco Products common..*;———• (J Apr Arkansas Apr 5% Ltd— American Apr 32 9% 23% July . 130 t * •" pfd $5 Feb 13% 110'ft Arkansas <«. 9% Jun 5 Jun 9% July 100 109% 109 109% 26% 15,800 4% 4% pfd—100 Appalachian Elec Power 4,%% Argus Cameras Inc 10% 1 .1 Angostura-Wupperman Apex-Electric 10% Carreras 9% 9% — Light & Jun 28% July 18% Power Central 62 19% 4% Carolina 9% 1 common Conv Apr pfd—.25 Seal-Kap common————-2 preferred 5 American Tractor Corp.—— 50c American Writing Paper common:——5 Amurex Oil Development class A— 5 Anacon Lead Mines Ltd ——20c Co Central 28% American Carnation Central Explorers Ltd 32% American Thread 5'ft 31% • 19.50 Jan Jan 1,200 31% vtc Kennedy Inc Baxter & Feb 17% 9 31% Transit Co Carey Jan 50 40 City Products common.,—.—5 \ Capital 1% 100 8% Capital 1 % 8,000 37% 19,000 38 28 % 35% 12,800 Jun 61% 8% 1 'ft 3'ft Cenco Corporation 23 3\l Jun .A'% Ju)y ( 9: 2% Ju)y 1ft Catalin 60% 17'ft Mar 5,500 1 High 534 Mar 6,700 4 'ft 7 2% 10% July 27 6,100 28% 3ii 4 ift 13% July Jun 6% 27% * 3% Jan {8 6% 27% —6c *' Ltd since Jan. Low ; 6% \h W Range High 1 Carter Mar Shares 1 Producers 93/4 Mar 30 1 Anchor Post Products Jan 19 10% 14% 96% 97 —39% Natural Gas Co 6% American 11% 10% 3% _—— Co— Jan 37% Hard Rubber Co— Meter Co 5% Mar 4 14% 100 —25 American Laundry Machine———20 American Manufacturing Co com 25 Book Co American 4 .1 V pfd—10 Natural Gas Ltd vtc 29,900 — American Maracaibo partic 8% —1 Allied Internat'l Investing cap stock—1 Allied Products (Mich) common 5 Aluminum Co of America— $3.75 cumulative preferred—100 Aluminum Goods Manufacturing———* Aluminum Industries common-—.——* Ambrook Industries Inc 25c American Air Filter 5% conv pfd——15 ^American Bantam Car Co common—1 American Beverage common——— 1 American Ltd Minerals 7% Control Co Inc American Petrofina Williston for Week Lew 1 Canadian Canadian 6% preferred— convertible 5%% Marconi Canadian Jan 44 Jan 8% Artists Pictures Corp.———-1 Allied 6% July May 36% 1 Fisher common & Alles 1,000 Par 7 10c Alleghany Corp warrants Allegheny Airlines Inc Allied 5 2,400 Sale Price High —- Engineering Co— All American 6% 4.3% I Jan. Low 42% 6 Algemene Kunstzijde N V— Amer dep rets Amer shares.—,—.— Range since High Range of Prices Last STOCKS American Stock Exchange Sales Week's Friday Shares Par Alaska Airlines WEEK ENDED JULY 22 for Week Sale Price American Stock Exchange FOR Sales Friday STOCKS May 160 May . 195' 181% Jun Mar Feb (341) ...The Commercial and. Financial Chronicle Volume 182 •'■Number 5449 ^ : V . >.,■* *■X S. rK4.'S,i^ »*»t' •' ■'* AMERICAN STOCK EXCHANGE . RANGE FOR Week's Friday" STOCKS Last Par $2 preierred Easy Electric class B Machine Limited Mines Bond ElectroData }£ 5,700 28% 10,700 14% 2,200 200 Corp _$1 or 25c lfe Petroleums Sterling Ford 5,200 23% July 3 121,200 Jan 3 5ft 6 [<s 10,000 3% Jan 6 A July 65'% 450 5178 Jan * Inc 10 65 — 5 % 6,000 b% 1% 7,200 22% 3,800 4% 4% 2.50 — 26% Ltd class 21 22 74 6 b% 1 20% Feb 6% Apr Jan 772 57a Jan non-voting...—_■ B voting Ford Co Motor Amer Brewing (Peter) (Geo 102% Jan 50 135 July 10472 1,700 130 A) Co 7A • — 7% 130 Jun Jan 3% 200 5% 16% A May 872 Feb Co Power —7 57e pieferred Gcllman Mfg General 2% 100 67a July Apr 17% 1474 Mar Lamson Jun Alloys General Builders * Co 2 74 2% 1,600 25 18 _£1 10 __ General dep ord rets reg Fireproofing common pid General Outdoor Adv 6'/« 3% Jan Jun Corp.. Mich Yeilowknife Giant Gilbert (A C) ... _ Distilleries class (Adolf) Inc Class 3 $4.50 prior _ 3,700 21 Jan 117s Jan 177a Jun 11% 11%-j 900 117a Jan 15% Jan 1 5 _ 1% 50 1%; 57 72 55% 9,600 58 40 Rapids Varnish Gray Manufacturing Co 49 Great Atlantic — 5 Pacific & 9 97af 74 16 72 17% \V\ 4 300 18% 7a 7% 49% Mar Great Sweet Greer 1% Jan 29, Hearn Mar 209 141 July Apr 1 3 74 3 3 4,200 2 12 7a 11 13 4,200 9% 10 9,900 9% . 13 14% 14 74; 87» 18% 3% 42% 12% Jun 19 i 100 18 400 147a Mar Midwest _s 3% 800 3,800 60 Heller A Co 4 Feb —! common 47# preferred- — Products Steel Co Herder's HormeJ Horn 5 7# preferred July 39% July Jan 59% Apr 27* Apr 3% Jan Jan 15% Feb 700 227a Jan 33% Jun 1,800 1472 Jan 1672 July 5,200 28 7a Jan 4474 July 103 72 20 105 82 July 1474 4 74 7o Jan 17% 3% 3,200 9% 4 100 Jan 5 8 Jan 13% 15% Mar 600 3% 1,000 *17 200 x50 15% 700 22^8 Muter 24 16% 8 7s 4078 - - Machinery International Industries -Ai'. Iren Foreman. Inc For footnotes see 6 35. 11,800 . 118% 1*0 7a "7:1- " - 111% Jun .. 8 257s ' 2% * ' * * National Fuel Gas..! National Mfg & Stores common— 19% Apr National 5% 15 May Apr National Jun Feb Jan 12 99% 15%7- v.,'. 15% 8 . 874 National . July 9 Jan • '' ' Jan • Nestle Le Mur Co Jun New British Jan New Feb New England Tel & Tel Haven Clock & Watch Jun i Dominion Oil Ltd — Co Jan Jun 472 7#- convertible preferred— New Idria Min & Chem Co Feb 38% Feb New 24% May 29% Jan New Mexico & Arizona 11% Feb 4% Mar Jan Apr 8 Jan 774 Mar 43 74 July 46% Jan 86 Apr 16% Apr btl iViaT 13 Jan 2 Jun 2 7a 50 2,000 37a Mar 100 19 83 7a 85% 1374 Mar 20 7a 1,200 70% May 92% 50 19 28% Jan 40 37 37 1172 117/B 500 3% 2,800 1974 800 372 3 /a 19 11 Jan Jun Jun May 14% F<^ 23ya - Jan 2% May 91 July = 137. Jan 2,100 '474 Jan - 1172 July 3% Mar 94 V* ,3% Apr 18% July Jun 18% Mar 8% July * New New Apr May 29 Apr 37 7t July 10 39 6 20 Jan 45 Jan q 9 9% A\\ Apr 11% 800 Feb 11% July 17 18% 2,400 13% Jan 18% July 28 74 Jan 32 7a 34% 8,800 43 '/2 FeD 29 29 17/2 25/a > Jan 117a -- 29% 650 25% Mar 31% Jan 117a Mar 17% July Feb 26% Jun 1574 17% 46,200 24 74 257a 1,800 6 74 16,800 12,900 57a 8 9 8 7a 48% 54% 6 7a 217a 7 7a Jan Feb 1074 Feb Jan 59% July 13 Feb 5 7a May 7% 27 8,600 57a 500 87a Jan -- 5 /a May 5 11% 1 67a July Jan 14 V2 Mar Jan 1,500 8 Yi -- 1% 8 7a Feb Feb 1,700 7% July 18 18 72 900 17% Mar 19% Mar 12% 13% 4,600 12% July 12% Jan 1472 Apr 26% 30% Jun 7% 7% /a 29 7i Jjj,. ° 297a 21% -- 23 8% 8 7a /2 2474 x27 x i7/ 100 5% 6 7a 6% 3% Mar 1,500 23% 5 7a Jersey Process —50c 25c Zinc Co Land New York New York Auction & Co Honduras Merchandise 1 1 common Superior Oils Nev; York Jan 34% 23% Feb 1774 Jan . 13 74 1% 58 DB /4 30,300 4,200 common..: Rosario * 1 * 10 10 Jun Jun Feb 6% July 6% FeD 36 7a Jun 26 July 106 Apr 1% July 46 9% Jan July 13 2,900 1JH 61% 13 . 25% 33 Jan 177a 100 103 -- Jan 24 74 July 3,300 5% Jan 20 7a May 600 800 5,000 5% j?/8 » '» 20 New Park Mining Co— 5 y 13% Jan 37% 6% 500 39 1 40c 100 1 1 common ,8% 1267a Jan -1,400 ' Jun 19 , > Jan 157a 2 Apr 72 May 67% Jun 103 7a July 99 — Mar 104 Apr Apr 1657a Mar 41 4574 4574 108 Jan 3% 5,300 172 74 175 1'° . 57a 5% 17?/2 Jun 100 60 May 105 Jun -- 10 U 8,400 7% Jan 4i 5 5 100 47a Jun 3% Mar 2072 2074 -- 4% 4;a 2074 2Z 3% 4 /8 5% ®7a 116 Jan 142 July 17» Apr 2 Feb -- 1% 1 4 12 23 74 24 29 72 33 7» 4% Apr 30% Mar 7 Jun 87a July 31 May 38% July 2572 100 2,800 4% 400 47a Jan 6% Feb 22% 5,700 19% July 2772 Jan 4 7a 15,200 57a 3,800 57i Jun ' 2% Jan 4% Jan Jan 7 17% Feb 21 4 7» July 57a Apr 1U 19% Jan 9,600 23 167a May 172 May 5,000 2 Mar a Jan 11% 12 700 10 V* Mar 12% Jan 22 72 23% 3,600 2274 July 3374 Jan 22 2474 8,200 19% Apr 24% Jan 2874 29% 3,700 24 7a Jan 29% Juiy 307a 26% Jan 33 74 July _ 3374 825 4% 4% 5,800 374 3% 700 3 74 July 2% Jan — .4% July 3% 24,500 11% 2,600 10% May 27 27 U 3% 11% 372 11% 27 74 1,800 21 Feb 4% July 4% Jan 4y* Feb 12 Jun 28 7a Jun 4% Mar 2 2ltf A 2iV 16,300 77* Jan 2A 37* Mar Jan Feb Mar 145 2,500 27a Apr ;8% Apr 17 Jun 3% 10,700 3 7a July 5 Mar 43% 44% 7,400 40% Mar 48% Jan 227a 23 % 2,700 19% Mar 277* May 139 7a 140 37a 2% l42t 3 /a 15 3% 44 /8 22% 3 /» Jan 127a Mar 20% 20/a , 5% 3% Jan 2j7a 5% 5% -- July 11 250 1,300 1,900 36 36 , Jan 46 72 July Jan 4,000 874 8 7a 176 Va 19 27 7a 27 . 5% July 8u7 1% 174 4/4 A 142 140 ,,/ 5 Neptune Meter common 997a Jan 7% July * Mar- 4% Jan 275 117a —2 Research Corp 1 Rubber Machinery 10 Starch Products common 1 Steel Car Ltd * Telefilm Associates—. 10c Transit common 1 Union Electric Corp -30c U. S. Radiator Corp w i 1 15 . ,r Ltd National 4% 1,500 • May 31 100 15 83/2 1 1 10 1 25c (Mich)— 207» 27/a 2% Brewing Co -.9% May 94 38,300 35 2 2/a 1 Co Milling National <10,400 1172 Jan 83% Dehydrating & Jun 105 Mar 900 "9% Jun 378 14%, May Petroleum 57a - "26% 7% l^8' , 1172' - • 8% 100 200 4374 -- Presto Industries Inc 10% 1,765 < 12,100 74 , 1 Inc.. National 417a Jan 36 7. May 240 74 4 15 10 Corp National 120 96% 9 7o 6% 0 /ii Jun 800 . W^A 1, 2 72,400 —*678 " 2674 ——_5 page 1174 May 0/0 July 11 2,800 "8% 967a * Co...—.—lOc ix—__ 1374 May Feb 817a 10 50c common 15% Jan 600 40% , — Manufacturing. Vrt :Cxi->x*» _ 39 ~ 119% !—„1 Co 3.90^ pfd—IOO Iowa Public SarviCe Ironite Jun 4 74 Ring common—2.50 Piston Apr Feb 8A J&n 6 International Petroleum capital stocks* „ 11% Vd .. 96 7b America.——5 International, Cigar _ 1174 43 5 23% 4 1,700 -11%-12 £1 Indianapolis Pwr & Light 4% pfd—100 Investors Royalty 300 6H,4 1 — Co National < National —£i Products 117a 1017a 1037a 774 Jan 200 n 1174 1174 capital stock—* 5 Intematonal Resistance 27 7a 3174 327a 1 1 National Bellas Hess common 104 ;%% Inc National Alfalfa May National Industrial Hardware Mfg Co.——50c International 15 Jan ~8% 9 * 100 * pfd Jan 50 84% May 974 17 Imperial Tobacco of Canada— -Imperial-Tob of Gt Brit & Ireland Metal Jan 20 —50 common Jun 32% 9% Service 149% Jan 1.100 -.;A Light 57# & Company National North 12% 200 H - _5 Imperial Chemical Industries— Amer dep rets ord reg of 1,100 2,400 cumulative Namm-Loeser's 20% May Jan 4,700 4% Pwr Public Nachman Jun 4% Jan Mar 937« 105 ' 25% Feb 3872 104 Feb 9% 6% 27 7a 1 Mar 4774 138 23 21% May 13 7a 678 13 50c common 20% Jan 50 23 Feb — Co— Co 107. May 1574 Jun 2,000 - 4% Jan 874 * * 50c —5 Muskogee Co common 9% May Mar 3,000 15 22% 872 1174 ~1 1 Refineries Muskegon Feb Mar 9 Illinois Zinc Co common——.2.50 Co 6% 1374 6V4 Juiy 1 2.50 1 —10 Petroleum common Mprray Ohio Mfg I Insurance common common— TV §Muntz May Jan 99"% Feb 7672 Hydro-Electric Securities——"——* Hygrade Food Products. 12% 7 43% Inc common-. 5 capl'al stock—* Hurtl Lock & Manufacturing Co 5 (Canada) 6% Jan 5% preferred 100 4.80% cumul preferred series B..100 4.50preferred series C 100 Monroe Loan Society com class A * Montgomery Ward & Co class A * Moody, Investors participation pfd * Morris Plan Corp of America.. 10c Mt Clemens Metal Products 1 6% cumulative preferred— 4 Mt Vernon-Woodberry Mills .—2.50 Mountain States Tel & Tel 100 Jan 317a Refining Imperial Oil Corp convertible preferred 72% 4.40'/o Jan 2% 8% 100 — Oil 6% Jun 3,900 (Harvey) e May 2,900 Hardart Baking Co.—.——* & Kardart common.. Humb Jan 1% & Hubbel) 57a 300 ".—15 & Co.—,— Feb 5 10,200 * Inc (Geo A) —■ Piping Minnesota Juiy iU 15 1 ___—* common 2% 42% 2.50 Holly Stores Inc Holophane 61 47a July 10 & Co class A. (R) Horn ~7 % -1 Highie Mfg Co common 5% convertible preferred— HoHnger Consol Gold Mines- 572 Mar Jun 1 Molybdenite Corp (Can) Ltd Molybdenum Corp Monongahela Power Co— 42% July Jan 500 ...10c : Jan Jun 800 5 72 ——100 —100 ——.1 — Jan 574 —1 1 1 25c Mining Corp of Canada .T*u 174 800 * * ____2 Henry Holt & Co common Hercules Hoe 474 5 __—25c .— 5727# preferred 4% 2,500 — Co Wohl Miller May AK 3% Jan 2672 1,700 —10c 10c —* _ 41 ~1% Dept Stores common—— Class 900 578 _____ ——— Abrasive—— Mid-West May 1574 Co Mid-West Feb 55 V4 2 _—.1 Inc.— Corp 5 74 * 10 $2 non-cum dividend shares Jan Jan 557a Mar 3% 1% Mar 5 78 Mar Q)1 Corp $1 conv preferred—4' Midvale «>aii 4A Jan May 42% 74 3 7a 1072 July 1472 is 18 5 181 1,175 Jan Jan 5% 7 4A Bumper Midland Jen Jan 2 Mining Co__ Helena Rubenstein common Co & Middle States FeD 2% 141 1 25 1 Light Brewing Co Hazeltine 178 * Micromatic Hone Corp.'— 5% 1337a Co Hecla 474 Mar ..1 common. Co. Iron Missouri Organ Company Bishop Jun 300 —£1 18% July Jan 140 200 1j9 * Hastings Mfg Co Hathaway Bakeries Inc.— Havana Lithographing Co. Hazel 2% Ltd——/a .1 1® /4 Corp— 5 34/2 10% July 3% H Harvard 3,200 7 Feb 7% 10,100 7,700 ._ • Electric 13% May 3% 1,600 50c . " Gypsum Line & Abalastine Hall Lamp 2o Jan * Corp Michigan Steel Tube Michigan Sugar Co common 67# preferred Mar 2% 195 141 2 Hartford nyC 1% 1 1 1 Co... Co & Mfg Michigan '30% May Jan 2% ... Hammond % 11% 7% 0 5 Aircraft Textile Metal Jun 50c Ltd Oils Grass 1 500 Inc common—...— Jonnson Mesabi Feb 88 2% 200 100 Hydraulics 100 13% 77a * A Merri.l Petroleums Ltd ,74ya Feb Jan ...1 Chemical Co & Jan 19% Midland Steel Products-— stock— common O 1 class 13% Mar 15,600 4%» preferred common...— Bi Co (AG) Menasco Tea— 1st preferred Lakes 3,000 Feb % Jau 30% July 71A 1 10 (The (J W) Mead Feb .9c Non-voting Great 5% July % May Feb 3 7a T McWilliams Dredging common... Feb Apr 287a 100 — —_—-10c Industries Inc Amer ■ , 1 Grand Great . 5 2% Mar 1% Inc.... Service Co Stores McKee " conv pfd. .25 Graham-Paige Motors 5% 37a Mar 4,500 19 3 74 50c Corporation McDonnell Mar 57 21 28%^ 28% 2% Apr 7672 July 17s Jan 540 U 23% Jan 1% Jan 47 120 1% .50 common......4 Manufacturing ■% 47 ...1 Mines 100 76 72 * preferred. 200 4 1 50 44 20 1,400 %*• 1% 48 7a 72 = 20 72F 2074 50 3,ou J 4% i's 5 5 Communication Co Ltd Mays 2972 July 11,700 20% ~3% Massey-Harris-Ferguson 16Vt Mar 16 7a, 1 42% Jun *374 Marconi International Marine Jan Mar 29% 7 5 Apr 13 7a 2 Manischewitz 11% Mar 9% Feb 15 157a . _ 87a 6A May 300 27 7a . Goodman Manufacturing Co Gorhr.m 3,900 Apr Mangel Jan 16 7a . _ Consolidated Goldfield c% •; 10%' 4% 11% class A 16% 19% ...25c (The) Public Maine Feb 29 % if Godchaux Sugar 11072 July Feb * B 147a May 387a 10 Chain Oil Magna 1% Feb 1 _ 3,600 % !5 Lynch Corp Jan 10574 10 . - ■ 111% 3 __ Gladding McBean & Co Gobcl i"a 6 it Glen Alden Corp G cnmore 50 800 10% 10% ... Jun Apr 15% 474 , 1672 2874 Jan 10772 ... 3 7a 15 J/8 2074 Jan ;1 _ University (R G.) Lunkenheimer Jan Apr % Jan — _ . 5% 18% 8,3u0 •' 6% Mines..... -1, Gold common GJchrist Co Jun 16 • _ 17a i 3 7a 1 - Apr 1087a 4U0 110 7a 1107a $4.60 preferred 20% 137a July Jan 700 1 : Lodge & Shipley (The) Co Longines-Wittnauer Watch Co Louisiana Land & Exploration.... 10872 July Jun 3% 3,400 v „■ 1 __ 42% Jan Jan « Georgia Power $5 preferred. Gerity 33 Ye 10572 " " —. 1 78 1,300 5 1 B Steel Locke 10% July 105 V* Feb 47a ' • 1 Corporation.. Stores 400 1674 21 13 3% 4% common.— Realty Groceterias Class '1972 May A Mar 7 20 16% 13% 15% 1572 Co cumulative Loblaw Jan July 18 1,900 41 47a 4% 5 7# SGcneral 10% 167a 50c Plywood Corp common. .20 ccnvertible preferred.. General Public Service $6 preferred __<■ Gencial Feb 11 ._ Ltd Extension Salle 5% 3% Feb July 2% 25 108-/2 108 7a 100 117a Liberty Fabrics of N Y—__—r_ Feb 16 Jan 774 700 18 39 74 41 _ 18 7a May 1472 Feb Inc Mines Le Tourneau General Electric Co Ltd— American 10672 May 1674 Lear Inc common Jun 2 900 2% 2% Jan Jan 167a July 1774 13% Monotype Machine Co Lefcourt July 774 572 May 2 com. ..1 Corp Supply convertible preierred. 5'/o 1474 100 7 113 3% Mar 1,300 —...—1 7 2% 103% 800 —— Sessions & Lanston 34% July J an 10974 Apr _ General 27 */4 500 ~7 7a 6% 1 —— Corp _ 34% 100 Co common Acceptance Wan ants 34 common——* May Hi 18,000 29,600 2.50 Lakey Foundry Corp— Lamson Corp cf Delawere La Gatineau 5 2% 2% 4% Company Apparel Shores Lake Jun 4% 6 6,000 16% 5 5% 16% A Jun 1774 & Co Laclede-Christy L'Aiglon 3% May 25,100 3% 7& ———1 —1.25 -5 Brewing Co FeD Jan 3 Jan Ltd— dep rets ord reg———£1 Fort Pitt Fuller 130 * 2% L 128V2 135 135 * __ Feb Jan 5,bu0 —* " A 5% iy2 300 1% ——5 of Canada- Motor Class 474 Mar 472 — 10% Jan 24 Jun Jan 1% . 6674 July May 10 1 A 3174 4% Mar 1 Co Inc 272 174 47a 50 -1 Kio Oil & Development Co— 1 Kirkland Lake G M Co Ltd.— 1 Kleinert (IB) Rubber Co 10 Knott Hotels Corp. 5 Kobacker Stores 7.50 Kropp (The) Forge Co ——33 72C Kroy Oils Ltd — -20c Krueger Brewing. Co 1 July 5% 24 Jan 17s July 1% 16% County Lighting common cumulative preferred Kings Jun 10 7% Jun 2% Ltd Class Fox 2,000 9 2% Line Inc Tiger 8% Jan Apr 2'/4 47a common (Walter) 47# 1 (Phila)— H) Co Kidde 1872 Mar _25c Fitzsimmons Stores Flying Jan 8% 2o% 1 Ltd (M % July . — 472 7# (Del Key Kingston Products Instrument- & Co Jan 15 7% 17* 17a 1% 2A 1 pfd—100 5 Corp Kennedy's Inc 1A 1: & Co class A__— Association Kawneer 5% Mar V« Jan 10 __10c 15c Electric Gas & Kansas 53% Feb Jan 10 4% May K Motors Kaiser May 1 2,100 2,300 9,300 172 1 common.— Jupiter Oils Ltd Feb 4&j4i Jan common—* Camera Fishman 5% 600 iuj Co Jan 650 __ Glass O'Mahoney Inc Jerry July1 20,600 , (Max) Oils Firth 97a 26 Apr 3% Jan F Fire 1872 Jeannette 105% Mar 7% Jan 20.4U0 preferred Eureka Pipe Line Federated Jan Apr x20% May 23 Jan 4% 45%' 10c ...1 Corporation Ltd Faifcnild 200 500 Warrants— Fargo 1027a 40 7% -5 Inc Factor 1172 May 105% 1 common convertible $2 1674 Jan 2,200 13% 7 7a 47a Corp Inc.lc High Low J Apr 17% Jan 12 Israel-Mediterranan Petrol since Jan. 1 Range High Jun 32 26% Mar Shares 6% 77a 1% 17a 1 10c Israel-American Oil Corp % Jan Feb % Apr May 1 Equity Corp Eureka 22% 5 Emsco Manufacturing Co E'squire 12% Jan —1 common Corporation Millwork 4,500 21% Electrographic Corp common 1 Electronics Corp of America————1 Empire District Electric 57c pfd—_100 Empire 21% Jan 25 1 Share & 20% 125 30 * __ Washing Elder 18% Jan 1 for Week Low Par Irving Air Chute shares of beneficial int Range of Prices Last Sale Price High Low Higt Sales Week's Friday American Stock Exchange Eastern Sugar Associates— Ccmmcn %'i JULY 1 Range since Jan. of Low ENDED STOCKS Kangel-i^ for Week.. Pricei-|| Shares Sale Price American Stock Exchange WEEK Sales 14 7a 372 374 3 > 15 81 81 1,830 1,100 15,700 25 A 2!* 1,500 12% 12% 100 2 131 2% 58 Jun Jan 2\ May 4% Jun 47a Jan 81 July 3A Apr Jan 13% May 40 Jan 61 10 Mar 1074 Jun 11% May 33 34 The Commercial and Financial Chronicle... (342) Monday, July 25, 1955 AMERICAN STOCK EXCHANGE RANGE - Week's Friday Last STOCKS Range Sale Price American Slock Exchange Low Par Niles-Bement Nipissing Noma Central North Range High since Jan. Low 1 High 12.800 35% Jan 2% 2% 6.400 2% Jan 3Va Mar Sentinel Radio Corp 6 % 7 3,200 6 % Jan 9% Mar Sentry 13% Jun 19% Feb 45 Jan 50 % July 13% 51 13% 14% 12,100 50% 50% 1,500 ' 4,1 I <5 5% 71.600 9% 12 89% 9,200 10 88 Mar 100% lU2'/4 210 99 Jan 10% Jan 89% Co....—— —50 102 y4 pfd. -.100 28'/2 Jan 5% Jun Selby Shoe Co.. Servomechanisms Inc 12 Seton Feb 94% Leather Shattuck July Jun Sherwin-Williams Jan 104 4% preferred Sherwin-Williams Ohio ^— Brass Co class B Power 4 % % preferred. Okalta Oils Ltd—— Old Company Town Corp 9% * 58 10(j — ..— 110 400 1%' 1% 73 74 6% 7% 54% 108% 71 650 61 Jan 112 Mar Apr Jan 6'/a 7% 8 6% Apr Jun Jan Jan Jun 23% $3 6% July 8% Jun 87% July 28% July O'ekiep Copper Co Ltd Amer shares. 10s 87% 86 87% 1,150 65 % Jan Overseas 28 % 27% 28'% 400 18% Jan ——1 Simca 5%% 5% 1st pref erred 1st redeemable 5% x33 !—...25 redeemable 4.50% Pacific 1st 28% preferred—25 Lighting $4.50 preferred x28*A Pacific Power & Light Pan Israel Oil Park 29 % Apr 97 800 106% Apr 105% 104% Jan 107% July 2 Jan 109 % 107%. 2'% 11% 2% 150 2,400 13 45,200 108'% 110 150 Jan 104 67% Mar * 1% vtc—2 Bol lc 1% share— l BolI 1% 1 % 5% 13,200 1 % 1% 5% 2 17,300 1 % Jan 8% Jan May 5% July 59 Jan 5 Jan 6% 15 & Johnson Ltd Moines Amer i. Feb 7 1,300 9.200 4% 6% May 5% Jan 300 16 Va Jan Standard Common Gas Public Service of Colorado— 4 % % cumulative preferred— Timber (Thei 22% 600 18 Steel Co of common....... 10% 7,400 5% Jan 1.750 78'/a Jan 4,300 21 100 22% 7 5% 5% 300 3% 3 3% 2,200 7% 8 23% 2,000 May 10% July Stinnes (Hugo) & Shop Inc Stroock (Si & Co Feb Stylon Jun Sun Jun 31 11% Mar Reading Tube Corp Reda 12% 12% 18% 19% 13,100 8% 9% 13,400 2 2% 4,300 813 41 46 1,500 10% 10% 2,200 103% 75 12% 5 Feb fy Jan 1% 15% Feb 8% Feb Swan Apr Inc Jun 2% Finch Oil Talon 19 % July 10% Feb 73 Class Jun 59% 61 % 600 16 16 200 100 44 Mar Jan 15% 26 Apr May Rels (Robert & 1 63 % Texas Apr A Jan 29 Reliance 9% 9% 24% 24 % 300 23% Jan 25 33% 34% 3,900 30 Jan 37 11% 12 1,200 10% Jan Electric Inc. _ & 18% 19% 1.000 1 1% 1 'A 1% 15,100 1% 1% 1% Engineering.... —5 Co . 19% .... Corp.. Remington Arms Inc - Inc Power & __ .. extended to 50c .. 3 1965 pfd F Rotary Rowe Electric (Thei Royalite Russeks Ryan Oil Co Fifth Russell Steel Corp (The Ci . Aeronautical Co.. . Feb 8% Roofing. Ryerson & Haynes common 2% 2,100 3% 2,100 96% 140 900 43 % 43% 100 37 Va 36 37 V8 5,100 1 15 % 15 'A 15% 300 13 % 13% 6,900 7% 9,500 — 13% 7 7 28% 1 5 ...1 Va 4 31 % May Inc.., Co True Jan San Carlos Milling Co Ltd San Diego Gas & Electric Co— Cum pfd b'k series 1 - . __ Feb 68 92% 10 Feb Mar — pfd 4% A 74 Sapphire Petioleums Savoy Oil Inc (Del). Sayre & Fisher Brick Schick Inc __ 900 . . . . . 25c _ Steel Co common. . - . 20 Western Airlines __ - __ . 37% 800 20 3% 5,600 11% 500 3% 3% 11 17% 17% 42% 42 % 100 3% 3% 30 31 % 1,525 17'A 2,400 1,200 Jan May Feb 8% Mar 36 May 30% Jan 43% Mar 23% 3% May Jan Apr 14% Jun Apr 15% 4% Mar 7 2,100 22% 36% May 3% 52 Jan Mar Jan 5% 14% 24 Feb May 36% Jan 11% Jan 19% Jun 900 11% Jan 17% Jun 28 2,100 23% Feb 15% 9,300 31 % May 16% Mar 16% 109% HO 425 13% May 107 July 112 Mar 31 21 4% 31% 1.200 23% Jan 35% May 20 % 22 Va 7,500 15 Jan 5,400 4% Mar 12% Mar 22% July 5% Apr 4% 4% 13% 13% 13% 23'A 24 6,200 23 22 23 600 500 14% 167/a Apr Feb 25 % July 25 % 39 1.1 % 11% 11% 1,500 20% May 9% Jan 37 36% 39 2,000 26 Mar Apr 12% July 38 Apr 14% Jun 7 28% July Jan United July 8% 74 2,000 10 200 10 24% 24% 300 22% 20% 20% 100 20'A Mar 22 20 65% Mar 3 ft 9 %< — — N J RR & Jun 21% 3% 37,400 Apr 3% July 9 % 3,600 5ft Feb 6% Apr 2.700 3% Jan 9% July 8% Apr 6% 1,700 7% 10,900 49% 6% 200 3% Feb 4% Jan 41 Apr 8% Jan 85% Jan 6 % 37'A * 7% common.. 6% 6 37% 2,900 600 38 7% 7% 550 5 6% 2,600 6 Jun 35% Jan 6% July 7% July 50% Jun 10 % Mar 102 9'A 41 Apr Feb Jun 10s 1 e 7% July 9% 5ft 6% July 232 % 233 100 100 230 Feb Jan Jan % Jan 5% Jan 23y% Jun 1 % Mar 47% 48% 8,200 37% 33'A 110 Mar 40% Jan 14'A 13% 14% 1,200 11% Jan 15% Apr 10c 2'A 2% 2% 8,100 2'A Jun 3% Jun 1 174% 165 177% 4,800 2% 1,700 13% 13 S Air common——25 J...10 Conditioning Corp S Rubber Reclaiming Stores 1 Corp common..—1—50c Universal Insurance Products 2% 1 Co States Vitamin Corp— 25c 5 2% 5 2% 69 —10 14 1,700 5 4,200 45% 37 90% Jun Jan 1% Mar 11 2% May Jan 9 Mar 54% Mar 179 July 2% July 14 Va July 5% Apr 16,900 1% Jan 200 2'/a 70 65 % Apr 73 Jan 28% Jan 46% Jun 39% *—15 i Co 39 % 50 39% 40% 1,150 5% 8,000 8% 1,000 2% Mar 'Valspar $4 Corp common convertible Vanadium-Alloys ^ preferred—. Steel Co 28 % Mar Jun Venezuela 2ft Feb Vinco Jan Jan Jan 15% May 5 'A -1 5 5 7%- 7% 25 % Mar 3 % Jun 42% July 6 Jun 6% Apr 8 Va July 3ft 16 July 4% May 18% Jan Van 33 V4 34 —_ Norman Co warrants Syndicate 4% 4 1 Inc Corporation 20c 73 IOV4 1 4% 10 25% Silver-Lead Corp * 1 66 9% 300 % 200 80 1,600 10% 9,700 2,900 Apr 94 % 27 Jan 34 % July 3% May 25 5 % Jan Jun Jan 93 4y8 Jan 13 % July 4% July ~5% 4% 454 Jun 6% Feb 25% 26% 250 Jun 16 Va 200 23% May 14% Jun 29% 15% ^ Virginia Iron Coal & Coke Co... Vogt Manufacturing Vulcan 87% —■ * Venezuelan Petroleum 29 7 40% ' Jan 3% 10 5 common. Sugar Jan 400 Apr 38% 20 16 Jun 48% 23 15% 6 Va 49 common—50c common 1,300 1 Va 30 29 1 Specialities 2,100 900 Jan 50 33.000 6,800 Jan 25 Apr 100 24 % 3% 500 Jan 14 Va 3% % 2ft 16 29 Jan 4% May 1% 100 registered „ 24 V8 3% 28% 2% Feb 10 Jan 312 14% 28% * Canal 2 ft 3 Va 47,700 20 Sharing 24 % 16 July 6% Profit 22 15% July May 3 24% July 8% 7% 10 Va 105 4 Products preferred Utah-Idaho —— Jan Jan Jan 19% Mar 2,700 12% 10c Co. Universal 78% May 13% Jan Jan 2% % U ■ - 4,600 3% 12 _____5 U S Foil class B Jan July US 4% 99 Jun Jun Mar 6% U 6% Mar 6% Jun 1% 3% 3% 12% ... Feb 3% Jan 150 2,900 113 69 United Shoe Machinery common..—25 Preferred 25 9% May 100 4,900 2% Jan United Jan 800 8% 101% 2% Jan 7% 6 % 10% 6% Mar 50% ir. 1 it? 1 7% 100 —— * dep rets ord United July 10% 2% * Aircraft Amer July 16 lft 56% 8 Feb United Molasses Co Ltd— Jan Apr 13% Mar 6% 101% ...1.25 Corp 6% 1 22 Va July 220' 20% 1 21 % -1 . Securities Corp General Seeman Bros Inc. 3,200 40% 20 Va .1 Ltd 6% 50c 25% 40 100 warrants. United Elastic Corp United Milk Products 47% July Jan Oils 21 % _ 22% 70c 1 0 _ Oil Co Ltd. 25 20 common 1 . . Scurry-Rainbow Seaboard 1 . _ Co 26% Mar 23'A Corp Investment United 18% July 7 ■ , Ltd ... Scullin 20 . 100 10 1 Management Company Union Apr 24% 10 —20 . . series 17,000 15 J Union Stock Yards of Omaha— 3 % Mar 98 70% 8 -20 _ . series Cum pfd 4.40% 1,800 5% 31 % 27% .... Unexcelled Chemical Corp Union Gas of Canada— 11% July 21 % Mar 27% Lux Temper Ulen Jan • Cum Jan 3% 5% 31% X16»A Construction & Universal American Corp Consolidated Oil - Jun 4 Va 3% "■ 5% 3% xl6% 25c United . Jun 3% 13% 4% 20 Universal common Jan 1,100 Jan u 14% July s Lawrence Corp Ltd 10% 27% 10c common... United St 13 Xl6% I —. Inc.— 45% 10% 5% 7 — 37 5 % __ 1 ... 13 * Trunz Inc Jan 2% 2% July 2% Jun 1,400 1 __ 13 5 preferred...— Realty Empire Trans Apr 18% _ Apr 1 pfd $4.56 Corp 2% July Jan 4% 22% .1.25 Ryan Consolidated Petroleum... Apr 18% xl6% common Corporation Trans Feb 1,100 22% - 20% Jan 5 common Chemical Tri-Continental Mar 7% 18% _ common Jan 1% Jan I8V2 0 Company... % 24 2% 2% 5 Ltd Ave F Jan 4% 22% ... Jan 55 10 _ 1 Jun 45,400 5 _ Jan 14 7 Toledo Edison 4%V< preferred Tonopah Mining of Nevada Jan 11% 300 —£t Co common 16% 13,900 • — 2% .100 American dep rets ord reg. Cablle Corp common Roosevelt Field Inc 3% 17% 800 5 Shipyard Corp Toklan Oil Corp 13% Mar 10% 7,000 Ltd— Rome Feb 8 800 500 6 Security Trust Co Ltd— deposit rets ord registered—CI Amer deposit rets def registered—5s Apr 12% 7% 2% .1 — Jun 18% 5% Amer 9% July 40 9 7% __1 . Jan Qas & Elec 4% Rolls Royce Jan 96% 10% Mining Co. Valley Gas Co— (Texas Corp) vtc. Rochester 7 11% 12'A * Rico Argentine Rio Grande Jan - 17 % 1 common., Light 70c convertible Thor Apr 39 % 1 . — — Vtc 300 1 — 4% 54 ' 18% —25c common Thompson-Starrett Jan Feb % 50c . Jan 7% i 17 ——-1 —— Jan . 17 % 20% Corp Co Shovel Co Thiokol July 16% 41 34% 24 " _ Co Reiter-Foster Oil Rice-Stix -1 10c' .... 43 "6 97/« May Jan Tobacco 26% —.10 common... ... 3% 31% common Electric Technicolor 10% Mar 106% class B Tampa Thew 103 9% Mar Pump Co Jan Mar 1,500 * common Todd A- Apr 18 12% May 12% _» common! Apr • 36% Jun " " Feb 31% • July 1,800 30 % 800 61 23% July 5 % 15 63% July 60% Feb Tishman Raymond Concrete Pile 30 15% 3% Tilo Railway & Utility Investment Rath Packing Co common 300 800 r 3% * Jan 10 —■ 7,300 16 5% 5 Thorofare Markets Inc— Quebec Power Co., 25 % 32% 3% 1 Jan 19 60 23 V2 3% Superior Portland Cement Inc., 52 Jan 600 5 % Superior Tool & Die Co.—, 49 Va Jun •3% 57. 1 Feb 450 Apr 5% •30 42% July Jan 400 167/s Jan 1 5 8% 63% Jan 1% 1,300 10,000 15% x4% 58% Jan 13% 15% 4% 32 25% July 23% 200 30 57 July 57% Jan 14% 4% 4% 67/a Jan 61% Apr 6% \ ■17% "Jan Sunrise Supermarkets Corp.. Jan 3 Jan 6% Jan 28% 15 % 1 9% 27% 300 6 Feb 5% 4% May " —-5 6% Drug 5% ' common..; Corporation 5 Jan —: 6% July Ray 6,000 74 %' July 4% ...* 3% Jan Apr Jun Jan ' Jan Corp Jan Jan 6 * * 1,813 5% 71% 22% 4% 58 6% Stop Jun 72% 5'A 200 Jan 400 1 Common 27 % Feb 26 16 900 5% 5 • 28 % May 15% July common 110% 16% 16% "5% — — Bi ■> Jun 14% Jan (J Jan 24% 3,500 4% Stetson 38% 25% Mar 2.100 ordinary... Corporation Jan 1,300 7% 4 Jan 27'A 42% 4 2% 400 26% 7 Sterling Aluminum Products common_5 Sterling Brewers Inc— 1 Sterling Inc w; ———-—-I Sterling Precision Instrument 10c 20 46'A 28% Jun 49% July 46% July 37 Jan % July Jan 7% 9% 1 57% May Jan 41% 40% 1,500 13% Jun Jan 27% * 6% i% 49% 1 A i {it 50 54% ——1 Parts 800 Jan 45% ——10 Steel 5 Manufacturing.. 1 —.— Stein 2,200 8V2 37% Mar 400 27 "4 common. —1 Jun % 8% July Jun 300 10 3,« Mar 14 8 6% Mar 28 5 % 7% May Jan 600 Jun 18 40% May — 49% 71% 1U Jan 100 •"* 49 % 50c Corp.—; Co 4% -• 4,600 * Apr 27% 53% 5 % Canada & 5% 8% 8% 8% 1 Corp: Starrett 23% May ~5% "5% 16% Co Ffcb Jan Jun 4 Apr 4% Mar 3% Mar 1 B—ft.—.——— Jun 4% Jan 5,300 -2 6% July 6 May 103% 4% 5 Light 4% 6% * com Inc..—_ — x71% 5% 100 4% 25 .... (Ky»———l class Feb 45 32% preferred——25 9,200 41% 4% preference..——25 preferred 30.500 0 8,200 27% Jan 23% * — Providence 43% ——25 preferred.; 25 preference——25 7% 2 41% Edison— 3% 1 Producers Corp of Nevada.... Piosperity Co class B 43 Via Jun Co Products 11% 21% Jan Corp Standard-Thomson Jan 7 Packaging Corp..: preferred——: Standard 18% Mar Mar 8% 18'A May 37 May 2,100 5.400 32 6% 1 10% 19% 2,900 2% 63% 10% 19% 2,800 ....... & May 37 8% 64% July 10 % 10% 19% preferred Power 47 Jun 36 % Convertible Standard 30% May 34% 7% 800 99 50 35'A 6% 10% 2,100 35 8 % 22 100 36 35 35% 66 l 34% 12.50 common: 4 1 .... Co 6 % 2.50 — Ltd —_— 1 65 % 13% 36 35 Publications— Standard Tube class B :.10 America Mines 17% 4% 1 common. Apr 6% Mar Royalty Oil 33 1% July 6% —25c & Jan 3% —1 Mining Co Puget Sound Pulp Pyle-National Co 9% 6 6% 22 Powdrell & Alexander common...—2.50 Power Corp of Canada common. " Pratt & Lambert Co 0 of Apr __1 Pleasant Valley Wine Co Scale common—... Dome Jan 8% 6% shares__10s Ltd Pneumatic Metals 24% Jan 17 66 Piper Aircraft Corp common 1 Pittsburgh & Lake Erie— —5o Pittsburgh Metallurgical common ..2.50 Pittsburgh Railways Co— * Prentice-Hall Inc Jan Jun 4% 1 Pierce Governor common...— Gold >25% 15 10,100 7 17 % 1 Minerals— Pinchin 14% July 1,200 8% 2.50 .c Philippine Long Dlst Tel Co—10 pesos Phillips Packing Co——..—I;.— Phillips Screw Co.———— 10c Pioneer 3,800 15% 7% 8% ! 2 ....... 15% 15 Va 15% Corp—.i—_—1 Standard 38 % Mar July July Standard Industries Inc Apr 29% May Jan 30% July 1 — 62% July 4,400 6,800 preferred OH Shoe 31% July 1% Pipe Line Spencer 30 Jan 1% Stahl-Meyer Inc.. * Standard Dredging Corp common 1 $1.60 convertible preferred ...—20 Standard Forgings Corp. 1 Jan 2% 1% Jan 5,300 5 % , 110% May 72% July 20% 1 % Southern Materials Co Southern Southland 200 Corp—_____40c Shares..—.—500 fr cumulative Feb 29 Jan cumulative Jan 3% 13 10% May 29 6 convertible 4.32% Jan 2,400 convertible 4.08% Feb 49'A 6 cumulative 4.48'o . Feb 106 % 33 Precision original 4.88% Jan 26 117 % Jan 46 % May 5% California 4.56% Jun 101 % 106% Pep Boys (The) 1 Pepperell Manufacturing Co iMass)_-20 Perfect Circle Corp —.—A-. 2.50 Pyrene 102% Mar 70 % Jan 104% 125 5% • Apr 40 103% 2% Pennroad Corp common East 27% 105% 27 , Preston Mar 105 103'A Penn 5% Feb 29% .1 Parkersburg-Aetna Pressed 29% July 27% Jan 11% Corp Patican Co Ltd.— Penn Traffic Co.A Polaris Jan 1,500 Company——1 Chemical Oils 27% 29'/a 100 100 28 Corp.... Southern 27% Mar 27 % Parker Pen Co class A___.——.2! Class B.._______* ) .2 Peruvian Jan 800 1 —— Amer 32% 900 1 <C At vtc Pentepec Oil (C Ai Paramount Motors Feb 28% pfd...—100 5% 29 29 —* common... Pancoastal Petroleum 100 28% 103 % Page-Hersey Tubes South 28% 800 49 30% South Apr 28% * $4.75 dividend preferred... Pacific Northern Airlines Pacific Petroleums Ltd Apr 34% . 29 1st pfd series A...25 red 1st preferred....... .25 red 1st pfd ____-25 4.80% 37% Apr Jan Jun 105% 105% —2 — Jan 31% 12% 72 52% Mar Manufacturing common 1 Coast Corp common..-—...__1 35 300 2,400 Jun 31 Mar 8% May 1,050 48% —— 31 31 % Feb ——1 American 34 36% x37 Va 25 preferred.... b'/n 37 1st pfd—25 ..... 13 % 111% 113 ... Soss Pacific Gas & Electric 6% May 13,600 Ltd..... convertible Sonotone Jan 8 % 11% 105% Simplic.ty Pattern common 1 Simpson's Ltd common * Singer Manufacturing. Co———29 Singer Manufacturing Co Ltd— Amer dep rets ord registered——£1 Skiatron Electronics & Telviv Corp..lOc Smith (Howardi Paper Mills... * Feb Feb 13% 71% 29 common Creek Jun Jan 11 * —... Sjmmons-Boardman 8% .Jan 6% 4% B Co Silver 1!?, July 100 1 Securities Silex 84% Mar 4,700 , Breweries Class Apr Jan 1% 1,700 1,400 10% Jan 7% 11% 70% Signal Oil & Gas Co class A—______.2 4% Mar July 19% 6% 7% .1 Omar Inc 6 % 108% 110 7 Inc 3 6,100 175 7% ——1 Television 3,800 58 74 25 preferred..... & 3% 10% 57 % 90c common. common 40c cumulative Olympic Radio 3 9% common Ohio Okonite 3% Mar 17 3*/2 11% Corp of America class A._ Sicks 1 _50c — Ogden Corp common 1 High July Jan 71 25 _—..100 Canada...! Jan. since Jan 22 common... of 9% 1,600 5,000 12 ,, :— Mining.—_______—5 Shawinigan Water & Power...-—.—* Shoe Oceanic Oil Company common. Denn 4% 1% 1% 9% 9% 20c —ft 11 900 200 '7,600 6 11% 12 1 Range Low 12% 1% 1% Shares High 5% _1 -10c . Prices 11% 12.50 common—... Safety Control.. Serrlck Corp class B 6 Va Mar 4% July 26 5 1 53% for Week Range ot Low Par 48Va — Northern Ind Pub Serv 4>A% Last Sale Price American Stock Exchange Sales Week's Friday STOCKS Shares 2% — Oil— Texas RR 22 7 ._10c ----- Airlines Penn JULY 49% —■—-~~-r— North American Rayon $3 pfd—. ...50 North Canadian Oils Ltd——- ...25 Northeast ENDED ....t — . Inc Norden-Ketay Corp..—_ North WEEK .—1 Pond Mines Lites Prices oi FOR Sales for Week 17% Feb 5 Va 5% 6,800 3% May 6% Jun Number 5449 Volume 182 (343) Chronicle The Commercial and Financial ... 35 AMERICAN STOCK EXCHANGE ■RANGE Sale Price American Stock Exchange for Week Shares Low Par bonds - Baking ." ;•—a—£—*«' (issue of May 1927) 1947 A7s Issue of Oct 1927) 1947-. "'ivi' ~37/S 19% 2f0 22% 21% 22% ——1 2% 2% 2% $.%. Jan 5% Jan 109% 3% Jan .-7 2,300 ' ' Waird Baking Co warrants __*r 4 y2 Wasatch Corp —: Webb k Rnapp Inc____ series $6 Wentworth Manufacturing ;——1.25 ;... "-2% - 48,600 L '151" * " *170 " 3% -4% 9,500 Western Maryland Ry 7%> 1st Western Stockholders Invest Amer .4%. b 230 pfd—100 Ltd—*>< i V-rr%' White's Auto Stores •5.%# Wichita IWm) Williams -Wilson 5% • (R 21 19% Brothers 13 4% 17% Wood Newspaper Machine "5/a Woodley Petroleum common 3% 17 107 104 10 19% 800 23% 22% ' 231/# 18 " 18%; 700 63 " 71 % 5,300 Ltd— • deposit receipts—:.. 6/c preference Feb 25 * May' * Jan 19% Mar 15% Jan 15 Jan 39 "9 3 J-\i ra Friday Interest BONDS American Stock ..*, Period Exchange & 1944——Jun-Dec Pump 4s inclu debs Appalachian Elec Bethlehem Steel Edison ih7u Power 6s Aug 1 or 2%s series Bonds Banreelnee July 60"% CO1/# 1 * $146 j High Low No. 60"% , -Jan. 1 So»d High ~ 1(11% 155 104 146% 22 150 100 ' 97% 96% 97% 17 96% Jan-July 1978 July 2ft Feb . June-Dec 1970 A Chicago Transit Authority 3%s -Jan 102% 102"% 102% Quar-Feb July Friday's 60% — —June-Deo - 1998- 3 V2 Mar Bid & Asked Low Steel July Week's Range Last > Sale Price Jan 1 9,000 90% 90% 90% 27 90 Vb Stock and Bond on 1st 4s mortgage Gas Fuel & Jan-July Elmira Water Lt It RR 5s 73% 64 May-No® Grade Stocks trials Rails Rails >• 98.37 101.41 - Total 10 ' Util¬ - 40 • Bonds ities 99.79 98.12 101.28 65.15 158.06 65.27 166.10 98.31 101.47 101.27 98.03 99.77 156.93 65.47 165.18 98.26 101.45 101.13 97.81 99.66 9717 99.68 97.75 99.66 ' 458.10 157.98 65.80 165.91 98.33 101.53 461.07 — 101.07 158.24 66.10 166.70 98.32 101.45 101.10 Over-the-Counter Industrial Stock Averages (35 Stocks) Compiled by National Quotation Bureau, Inc. Date— ---.Closing ~ r "t ! ' Range for 1956 > f - Mon. 19 20 "3r8,51 July July . • .. Range for 1954 78.76 High 68.72 Dec 31 79.23 — 22_—.— July $25 21 . 79.23 July 22 68.05 Jan 18 High Low 78.54 78 39 Thurs. July Fri. ,r . 18—— July $115 May-Noo Grade 65 159.17 103% 101 101 101 10 Second Indus¬ - ities roads 456.72 99 Mar-Sept 1956 -BondsFirst 460.07 72 93% bonds Co.: 460.23 81 65 98% 12% 166.42 Wed. 74% 65 4Va' voting-trust certificates; 10 Util¬ Rail¬ trials 92% 98 % 74% .74 y2 65 98% Mag-Nov May 1993 1965 37% --4% " 12% 156 . Averages Total 15 , Indus¬ Tues. series B 3%s 10 10 - mortgage 4s series A 1993 A 1st Eastern .8 124 -Stocks- 30 Delaware Lack & Western RR— Lackawanna of N J Division— 8 57% 35 1 9 " daily closing averages of representative stocks and the New York Stock Exchange as compiled by Dow, Jones & 15 July 9% 3% Mar 2 37% 37% V 8 convertible;: "M," mortgage; "n-v" non-voting stock; "v t c," "w;w," w$th warrants; "x w,'r without warrants. Date Mar 7}| Mar —£1 — Boston Jun 107% • —5s Ltd_j— 21890—-j,. listed V '19 " Jun <F W) American Amer * Apr : ~8 42 -48 71 Below aro the Apr 4% 2% Mar 12% Jan 1,000 ; 56% dividend.7 tive; "conv," 10% Mer IS -41 41 ; 56% 56% —June-Dec — —— 41 102 99% $100% 101% "W t"- When Issued; jun A Mar •167 —June-Dec value.-a Deferred delivery transaction (not Included In year's range). "dTM-tntenst. Odd-lot transaction .(not included in-year's range), f Ex-distribution. g Kx-stock dividend. h«®principal.. c Under-the-ruie transaction (not included in year's range).' r Transaction lor -cash (not inriuded in year's range). -,xEx-dlvidend.■ y Ex-rights. sEx-liquidatlng tFriduy's• bid and asked prices; no sales being transacted during current week. •" * a Bonds being traded flat. ' ' ' ., -■-; - I Reported in receivership. • • ■ ... Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬ Jan 19% 1,100 " • 107 . v. Jun 5% 14,200 70% .. —8 Wright Hargreaves„ High •No par Jun. 12% Mar 800 3% . -—2 <• 19 % . A5%s .1921 2%- Apr ** Jun 4 500 16 107 1 — __ 14.% 32% • ■i- •„ 6% Feb .100 Woodall Industries Inc__l—_____ V/oolworth 4% ift.j —25 pfd_ 4 % rk - 24%" Jan" * 550 ... Feb " 4% 1 common Pwr k -Lt Jan 20%-Feb 35« 1% Jan 19 % 21% July ' Jan 10 1,800 13%' 30 July » 37% Jan < Jan ' -14 a 100--' ■18% Jan i :19,% 29% 13 234 - A Jan 50 • • Jan • 30- —1 preferred Wisconsin 186 ■ 775 •. - 105% May ; * 8— July * Jun .. j ■ —■* Ltd ; v=r4% July 3% Jan 412 *w> 5,600- 43% 1 Corp 4. C) k Co...4 Petroleums 770 . '*•. •J V. -r A ,/4 - 5 Corp (The) Wilrich • Oil River Wickes Feb 188 —Mot 1 __ 37 • -:3% M«r _"I—1-1 Co & Feb Apr Jail "■ "'67,700 *" ..ujp- a..*. ■ 19% '19%. Inc;__—v—'——V preferred^—=25 convertible . Whitman - 43% ' 21 i__—20 ■ - - 234 ■1 —' Stationary, com.,—* Weyenberg Shoe Mfg__ 8 211 jr-jt t Westmoreland/Inc_!_i!_i_.:——1_10 - -2% 11% ' • '. Jan 102 *"'"7% dep rets ord shares!*—-I-t—ls' Western .Tablet ! \ 1 "149 Leaseholds Ltd——II1--!---* >Westmoreland Coal Low No. High $65 _April-Ocf of Chile 6s 1931 AMortgage Bank ; 139 "2% 7 "2% 149 10c preferences—1~* ■ »Jan.1 bold $65 Mortgage Bask -of Denmark 4s 4972 June-Dee Parana stamped (Plan A) 2%a 2008 Mar-Sept Peru (Republic 4f>— Sinking fund 3s Jan 11097. —-Jan-July Rio de Janeiro atmpd iPlan A) 2s 2012— Jan-JuJy ARussian Government 4%s 1919 Jan-July . Wpst .Texas;fMl^irs;4.4^^l^r^t^lM^Western * Jun l7%j»n 40c Jan 24 - 21% July 1% Jan •• ■ 26% Jan 17% May : v"79,700 5% common Feb' Apt: I Jun!4 5 '600 .150 4,100 '-i»% Co Feb 105% • Watch Range sine* Bonds Friday's or —Ifay-NoT A 7s 8% .4% July 400 1,300 ~ ; r 55/a JtW-A-il+i—t-4--——1 Wallace & Tiernan Walt ham 5 . 5% Bond Ioc___i-——1 & 5 i 5% 100 cumulative-preferred—_——i—-30 $2 5 . - ' ext———* voting- ctfs preferred Waltt - -Sale Price J Bid & Asked Mortgage Bank of Bogota— Co----a- Aircraft 7*/c ' ^Lsst * Period Week's Range Friday - Interest r Exchange Low * Wagner Stock High Low High American since Jan. 1 Range - w Waco JULY 22 .. Range of Prices Last: • —STOCKS^ V.;. ^ WEEK ENDED FOR Sales Week's Friday Low 47.32 Jan 4 Ercole Marrelli Elec Mtg CoAG %s with A6 y2s Nov Nov ex 1940 coupon 1 1947 1 1953 1953 coupon Finland Residential Mtge Bank 5s $95% AGesiuerel 6s debs 1953 89% $158% 90 Guantanamo Western & Electric 7s AHamburg RR 4s ;1970__ Jan-July $46% 130 48 134 139 June-Dea $146 129% 138% & A7s Nov ex 1 1947 1 $115 Mar-Nos 1952 coupon A Italian Power Realization Trust New A 1st 6»/2s due Ohio 1953 Power 1st 6%s mortgage extended to 3yis 3%s 97 A6%s ex 1 Oct Oct Service 1940 1947 1 Electric 1960 1960 coupon coupon Gas & Co 66 101 1 97 97 Non-Durable 102 Vt 96% 104 -n Trade, Finance 101 % Mining 148 Housing Corp 6y2s 170 183 135 159 102 102 1981—May-No® Safe Harbor Water Power Corp 3s, 110 $182% 3 %s series series E 3s scries F 1979 Southern Gas Counties Southwestern Spalding & Electric Gas (A G) Bros & 3'As 1970 77 100 101% 99% 96% 101 Shares Mon. 103 % 97 103% 98 99 % 103'A 103% 99 July Tues. July Wed. July 19 20— 21— 22 Thurs. July July Frl. 11,582,117 Total. 101 101 101 $19,343,000 $40,000 Jan. 1 of 396.982,449 Hydro-Electric Co— A6%s with -A6%s Aug ex United Dye United Electric A7s 1940 l 1 1956 coupon 112 $40,000 $5,000 391,000 703,000 67% 66 67% 66 31 Union 99 2 99 79% 92% 4 103% 355 89 Feb-Aup 100% 106 BONDS American Stock Interest Exchange Last Period Sale Price or Friday's A 7s 20-year Jan A Baden ACauca Valley 7s Stocks * Bonds Range ainee Sdd Jan. 1 High 1948 Aprfl-Oct $100 $100 113 113 $178 157% 89% 89% $92% 105 76 — 19 : 20 98 76 18 July July July Mon. 100. Foreign Domestic ; Thurs. July 21 Fri. July 1 22 723,219 674,505 599,520 754,095 768,240 3,519,579 Total Government Bonds Bonds $361,000 89,000 46,000 $168,000 161,000 10,000 71,000 107,000 82,000 $660,000 $528,000 93,000 174% $85 (Number of Shares) Tues. Low NO. ---June-Deo 1951 7s Stock Exchange Daily, Weekly and Yearly -Jan-July Jan-July 1947 (Germany) High $533,736,300 Transactions at the American 106% Wed. Low Agricultural Mortgage Bank (Col)— A20-year 7s April 1946 $579,686,400 89 108% Week's Range Bid & Asked $19,613,000 $19,343,000 105% Foreign Governments and Municipalities Friday 524,227,500 76,275,200 45*5,753,600 100 73% 107% $107% 108 $104 17,273,000 17,518,000 Industrial TotaJ 99 103% 103% June-Dec 1959 6s Jan-July June-Dec June-Dec 2,335,000 55,059,900 1,785,000 Foreign Railroad and Central Ek of German State & Prov Banks— A 6s series 1952 A A6s A series B Danzig Port AGerman AS f AHanover ALima 1951 k Cons secured AHanover Feb-Aug April-Ocf Waterways Munlc 6s 6%s (Peru Maranhao stamped AMedellln 7s 6%s 1947 93 26 26 )2 18% 130 132 % 97 137 $116 120 83 184 185 May-No® Feb-Aug 184 of Shares Week Ended July 22 1955 1954 160 % 187 Domestic 131 155% Foreign government $68 64 64 42% June-Deo $85 Total Bonds $4,000 21,000 2,000 1,000 13,000 $41,000 Total Bonds $533,000 271,000 58.000 201,000 166,000 $1,229,090 Jan. 1 to July 22 1954 1955 139,843,117 $660,000 $380,000 $9,945,000 528,000 41,000 89,000 57,000 11,808,000 1,803,000 71,814,937 $6,678,000 6,717,000 2,961,000 $526,000 * $23,556,000 $16,356,000 i ' 43 „ Foreign corporate Foreign Corporate 2,838,785 3,519,579 Bonds $154 $43 Etocks—No. 120 1958 Mar-Sept A).2%s 2008—May-No® 1951 , 27 Feb-Aug stamped (Plan stamped 93% Jan-July June-Dec 7s 1947 (City) Ger 7s 1939 (Prov) 6%s 1949 City 1952 $5,500 $8,000 Government Bank U. S. International $25 1964 Knapp Inc 5s debs 1974 5s 1960 Newspaper 105 $115 $25 $115 June-Deo 1956 3y2s Power West Pern Traction Western 67% Feb-Aug 1973 1947 coupon Water — 1953 coupon 6s Feb-Aug Co— Corp deb 6s ser A 1963 Washington Webb & Service Dec A7s ex Dec Wasatch 1947 1 Chemical & with 1940 coupon 1953 1 Aug 1954' 277.611,477 11,582,117 Shares. 12,880,692 Bonds Terni to July 22 19 55 19 55 Etocks—No. 3,974,ct)0 ______ Week Ended July 22 1952 104 93% 3,591,000 4,228,000 ______ $40,000 $1,785,000 $17,518,000 100% 98 % Sales $4,058,099 3,492,090 105% 99% Bond Bonds Bonds $442,000 348,000 412,000 219,000 364,000 $3,616,000 3,144,000 3,179,000 3,969,000 3,610,000 2,161,710 2,308,610 2,078,812 2,532,005 2,500,980 18 103 99% Total Government Bank Foreign Bonds 104Va 101 United States Int'l Railroad and Miscel. Bonds —J— 103 % $99% 100% Feb-Aug Number of 99% 102% 102 Daily, Weekly and Yearly Stocks 95% 99% May-No® 5s 1989. 100% $99% 100 102 % 1971—Jan-July 3s 100 $99% 102 April-Oct 1970 (Calif) 88 $103% 104% Feb-Aup Southern California Gas 3'As 9 $94 Feb-Aup 1978— 94% $97 Feb-Aup 1976 D 3s 102 $100 100 % Feb-Aug 1976 C __ 92% deb 1962_Jan-July Southern California Edison 3s 1965 Mar-Sepf 3%s series A 1973 Jan-July 1st and ref M 3s series B 1973 Feb-Aup Sapphire Petroleums Ltd 5s conv series 99% $98 $155 $95 323.1 York Stock Exchange Transactions at the New $25 Jan-July April-Ocf May-No® 1958 266.6 297.5 High. 97 $115 148 143.6 157.0 307.6 156 91 *New 283.5 103% 149 , +0.5 + 1,6 —0.7 H 0.8 , 307.6 313.3 342.0 339.1 —1.2 304.2 424.1 + 0.6 331.1 154.6 324.7 395.0 365.4 103% 102 and Service Low 269.4 318.5 __0.1 —0.4. • • 363.2 424.1 332.6 157.0* 305.4 315.8 ' Transportation 100% 102% $101% 102 $101 1998—Jan-July 6s Reading Tube Corp 6s 1971 A Ruhr Gas Corp. ey2s A 1953 2%s 90% 98% 102 % 318.5 395.0 318.2 393.4 —365.4* Goods 418.9 Utility 97 Aprfl-Ocl • ! J High Change July 8, '55 Durable Goods Hydro-Electric Co— with ARuhr 100 % 101% 102 Jan-July 1970 A6'/2s Public 97 $96 102% April-Ocl April-Oct 1968 Pennsylvania Water & Power 3y<s 1964—June-Dec Piedmont 98 $160 $93% Jan-July 1963 1971 3s 101 Ltd— 1953 mortgage 1st mortgage $100 Jan-July 93% 93 V* 38 99% 100% April-Oct May-No® Valley RR 4% 1963— England Power 3y»s 1961 Nippon Electric Power Co 99% 6J/a% liq tr ctfs__ Midland Composite Fanufacturing $25 -1955- Percent , July 15, '55 1940 coupon 1952 for the and with highs and lows compared with the preceding week follows (1939=100): groups $180 current year are as & Underground St Rys 5%s 1938 Isarco Hydro-Electric Co— AHamburg Elev A7s with Nov July 15, 1955, for stocks for the week ended May-No® 1935 dosing prices of the common composite and by major industry stock prices based on the The SEC index of 130 46 47% ' 91 81% 16 — SEC Index of Stock Prices 99 95 98 June-Dte 1961 Mar-Sept Flying Tiger Line 5%s conv debs r967____Jan-Ju!y $1,239,000 The Commercial and Financial Chronicle;-.. (344) 36 Monday, July 23' 1955 OUT-OF-TOWN MARKETS RANGE Boston Stock Friday Last STOCKS Sale Price Par Motors Corp Amer Tel American Anaconda (The) 4 Property Hecla & Service Cities Inc_ ■ National First ____ Co Kennecott 1U8 47 Va 138% Feb 410 52% 58% May Jan Jan 24% 29 Va Jan 50 34 Jan 39% July Jan Exchange Detroit Stock r : 12 Copper 50 10% 50 38% 67 Telephone: WOodward 2-5525 12% 420 15% Mar 46 Va May 35% May 12% 9% 55% Jun 47% Mar 12% July Jan __ * 60% 273 52% Mar 61% Jun 51% 53% 2,091 51% July 56% Jun 77% 52% 1 Corp 12 53% 79% 326 63 Va May 79% July Jan 121% July 55 I-IO 98% 50 115% 117% .__— 56% May 66 130 Last STOCKS Mullins New 61% Mar Ass'n.. Companies Y H N Hartford & Norbute 20 — 17% 100 139% _ _ _ 15 10c 118 Sale Price Allen American - 7c 16 21c Mar Baldwin Mar Big 16% Jan 18 174 130% Mar 145 50c Lriggs 5 ' — 37% 35 30% 3% 3,885 1% Jan 3% July 49% Mar 63% July 315 61 59% 38% Markets Pennsylvania RR Rexall Drug Stone United S Rubber Consolidated 10% Jun Consumers 25-/4 July Continental 135 19% Davidson 22% 29 24% 14% 15 57% 57% 59% 21% 2,006 47% 47% 48% 5 45% Rfg & Mining Co__ —50 S Smelting 51% * Co Co 24% 5 * _ - Corp - . ' 25 _ Waldorf System Inc 30% Mar 25% May Detroit July Detroit Steel Corp 51 Feb 60% May Detroit Steel 769 45% Jun 54 % Mar Drewrys Ltd 46% 130 39% Mar 50% Jun 51% 80 49% May 12% Jan 60 Feb Corp Petroleum Co _ _ __ 67% 64% July 43% Jan 82% Jan Gemmer 73% Apr General 116 8 . 14 65% 68% 2,928 63% 12.50 _ 66% 195 Friday stocks Last Sale Price Par American Laundry Range since Jan. 33'/8 24% Jan 41% Jan 23 Jan 10 8 55 55 150 37 * 23 23 115 22% Jan 10 Brewing Carey Champion Paper 27 28 58% 58% Cincinnati Gas * common & 22% Electric 29% _100 Cincinnati Milling Cincinnati Telephone Cincinnati Transit Machine common 88% 12% 3o% Juiy 51 Feb 29% 56 23 % 99% Apr 62 Feb 104% Feb 66% 23 61% Jan 74% 88% 254 82% Mar 89 4% 8 4% 255 8 4 Jan 9 July Parke Davis Pfeiffer Feb Rickel Eagle Picher Formica Gibson Inc 35% 82 ■> __: Manufacturing _ P * Randall class B Jan 46 - 42 8 % ; Jan • 41 % Unlisted American Feb 100% 100 13% 15% Apr 39% May 50% Jan United Shirt 49 29 Jan 38% May Wayne 99% 102 % 488 91 Feb Jan 20 35 38% 38% 2 27 27% 70 57% 59 5 Tobacco Armco Steel & Ashland Avco Co 25 % 25% 186 % 187% 171 172% Jan 11 62% Feb 186% 25 (new) 72% 10 Co 35 Oil __1 Manufacturing 16% Jan "7% 13 _1 3 common 1 __1 common. Welding —* Products 1 2 Axle & ; B « 20% Jan 29% Udylite Distributors 72% 18 48% Apr 62% Jun 20 22 Jan 27 Los 5 Harvester 128 80 Liggett & Myers Tobacco Loews 15 90 20 Feb Allis-Chalmers 12% Mar 87 7% 14% 163/a 17% Jun American 8% Apr 6 Jan 13% July 42% Jan Alleghany Corp Amer 27% Mar 185 16% 132 15% Mar 17% 31% 31% 54 29% Jan Martin * 65 16 Jan 23 % (Un) (Un)_ Mfg Airlines Can Inc 1 (Un) (Glen L) Co 44% 55% Feb 157% 68% Mar 82 46% 56 124% 129 % 40 39% 185 90 % Mar 105 35% 102 24% Mar 29% July 66% 101 62 22 % 50 70% May 23 % Jun 41% 413/4 12 42 42 Central Oil * RR Corp Republic Steel L__ 5 St Paper 5 Schenley Industries 15 Brands Standard Oil Standard Oil Jersey) 15 (Ohio) U S S Westinghouse Woolworth Jan 30% Jun 41% jun 50% 55 Jun 41% May 40 Mar 50% July 48% July 35% Mar 49 8 28 48% 210 44% 44% 65 22% 30 . 145 60% 25 60% 40% 84 150 94% 96 35 45% 45% 4 52% 34 51% . 22% July 75% Jan 50% Mar 65 135% 137 40 10 37% Mar .. For Transit footnotes see 1998 page 45. 4/205 5% Jan 8% July 34% Feb 41 % 1,030 8% 3,026 8% I65 50% Apr 6% May 8% Jun 11 -Jan 8% 14 July 13% 869 2'% 300 30 Va 135 3% 1,780 2% July 15% Jan 8% Apr 24% Mar 18 Jan 2 445 Jan 2% July 31 , Jan Jun 4% Mar 19% Feb 15 % Jan 15% 16% 991 13% Jan 13% Jun - ?% 7% 100 6 1% 1% 200 1% Jun 7 Jan Benguet 1% Feb Jan 139 July 50 Jun Jun 81% Jan 15% Jan 102% July 51 Jun 57% July 120 65% July 82 53% 175 46% May 53% July 53% Mar — - __ 10'A Sales Range for Week Shares Range since Jan. High 1.00 Low 1.10 10,600 85c 1.40 Jan 10% IOV2 1,105 7% Jan 10% Jun 72% 26% 75% 984 70% Jan 80% Apr 27 571 20% Jan 31% 33% 3,305 22% Jan 23% Jun 33% July a41% a41"% 25 a58Va a59 54 38% May 48% Apr 9% 10% 605 9% July 7g% 25% 7834 78% July 73% July 26% 45% 100 187% 185% 187% 1,396 — 71% 173 May 53% July Jan 187% July 72% May 7234 810 63 Feb 59'4 59 V* 338 41% Jan 60 — 68 69% 753 48 Jan 73% a4714a4914 180 48% July 36Vs May — a49% 1-- 42% 15 __ __ 44 219 15 15 435 15 15 294 al42%al43J4 __ 45 14% 12% 133 __ a3834 a38% a44% a43% a443/a 35 7 I1/* 1,865 15% 14% 15% 750 12 50 48% 50 250 2.75 2.75 750 8% 8% 680 19 20% 1,025 3 7'4 26 Jan Feb Mar 34% May 41 % Feb 6% Diamond Jan Co 60 __ 50% 50% 226 50 Oil (Un) __ 3% 1 ; 5 lo 5 common Co Atlantic __ __ a4C3/8 17 __ 50c _9 1 Jan 57 Mar May 1 Apr 103% Jan 10 Jun Feb 1% Jan 151% July 17 Jan 40c 44c 3,700 22c Jan 72 %c Apr 18 19 Va 2,003 11% Jan 20% Jun 58% 60% 1,076 55% May 3% 3% 1,155 al73/2al7% 50 a64%a64% 5 a44%a463/a 395 16% 17 1,918 21% 23 905 3% Jun ' 83% Mar 6 Jan Mar 19 Jun Jan 66 May Mar 48 Apr 14% Mar 17 July 16% 23 July 16 62% 36 Jan 7% Feb 8% ioy4 103/2 500 lO'/a Feb 10% Jan 18V2 19V4 6G6 16% Mar 19% Feb 7% 150 Jan 330 27% 400 1% Jan 347/a Jan 10 Oil July 11% 600 7% __ 1SV» 41 24% 454 12% Jan 20 Va July Apr 420 12% July 3% 13% Mar Jun 36 36 lOc Super Corp Canadian — 18 15 Mar 1% lVa 1 Corp Inc 9 Jan al4,93/8al53y8 5 (Un)____ Jackson 19% 2 2 —5 45% 4474 453/4 2% 23/a 100 7 1,100 5% May Mar 36 July 2'/aJuly 6% Jan Jan 39 160 496 — Apr 50 9% 50c Jan Apr 8% Jan 15% 100 . 40 47% July 8% July 23% 2 60c convertible preferred Burlington Industries Inc (Un) C 41 Feb Jun Mar 2.45 9% 10c Corp Company (Un) Budget Finance Plan & 41 16% 17% 133 38% 22% —*8153% Budd C — Jun 48% July 24V2 Mar 9% 2 Borg-Warner Corp (Un) Broadway-Hale Stores Byron 19% July 55% Mar Jan 23% 5 Boeing Airplane (Un) Borden __ __ Jun Feb 59 % 25 1 (Un) Jun 58% July 12% Jan 22 50 Mining 44% 113 __ 20c (Un) 1 High Mar 198 10 common Black Mammoth Mining Chica Jan Corp Consol Stores 66% $2,125 Week's of Prices 380 1 Bishop Oil Co Bolsa 50 57% 7% July 25% 100 Bethlehem Steel Corp (Un) Bond 65% 57 Jan a50%a52% 1 Aviation Jan 10 (Un) Co Co July 61% July 40% Feb RR Co Instruments 27% 42% 41 % May 1.00 13 (Un) California Packing Canada Southern Petroleum 4Vis 8% a51% 10 (Un) preferred Oil 105 % 1C6% 40% Mar % Vc Blue Jun BONDS Cincinnati 3% -Jan * 5 Ohio Bros. Bendix 22% 35% May 37% Jan 47 % 4 Basin & Oil Beckman 35 46% Barker July 60 10% 12% (F W) 5% Jan July - 4 (Un);—50 (Un) Petroleum 51% July 21% Jun 40 49 I i) 49 Jan Jan 28% « w 31% Jun 39 10% 48% Apr 3% Mar - 5 (Un)___ Baldwin-Lima-Hamilton 25% 17% 39% 137 4% 366 Feb Bankline 43% Jan t__io Co (new Corp Bandini 40 (Un)___ Co Manufacturing Corp Feb 38 48% 10 Carbide Rubber Steel Avco Jun 513/4 __io Studebaker Union Atlas 463/4 20 (Ill) Ref Jun 20% May 205 99 % 101 % 60% * (New 49 22% » Vacuum Standard U 44% 1.40 Sears Roebuck 47 25 48% 46% B_____10 Apr 532 5 - 10 (Un)___ % 50% » Tobacco class 22% Co. Oil & 42% Jan Corp 83% 42 28% 40 Jan 3% Apr 32 10 __ 25 Corp_______ Atchison Topeka & Santa Fe Atlantic Refining Co (Un) 38 51% 50 , (new) (R J) Ashland 37% Feb 4 20 1 (new). Reynolds Socony 49 12 Airway Radio Regis 22% _5 Ohio Edison Pure 24% July 74% May & Armour , Baltimore Distillers Pennsylvania Mar 17% Mar Ste^l Armco Jun 29% 5 American - 129% July 40% Jun 22% * Pan Jan 65% National Cash Register (Un) SS Mining Co (Un)—50 Anderson-Pritchard Oil (Un) —10 Jun 28% 10 York Jan Jun 249% July 12 53 New Jan 82 81 % National Viscose 533/4 24% — 1% Apr 525 __ Anaconda Copper 79 80% Products American 58'/a 78% 24% Dairy 46% Mar Jan 52 * & Tobacco Jan 43 205 105 1 National 1 % 2% July Jan 258 10% 75'/a -- 10 —5 American Smelting & Ref (Un) American Tel & Tel Co (Un) 42% 56 225% 232 % Montgomery Ward & Co Inc / - 12% (Un)_ Co American 44% 54% 22% 27% 3% Loxg ——10c 1 * Broadcasting Para Thea (Un)__l American 31% July 20% 25 Inc 254 5% Last Corp 46% July 19 % 129 % 200 3,484 «Jan 10% Par Aeco 36% May 14% Jan 16% * 1% 30% Jun 2% July 32 5 5% Sale Price 187% July 723/4 May 20% ♦ _; 34 10 Friday STOCKS i Tel & Tel Jan Angeles Stock Exchange Radiator Motors Feb 1% 28% July 3Vs 17% — Potash & Chemical class B__* International 29% 900 3,224 3% 3% __ Jun 14% 7 1 ————1 _____ American International 2Vz 30 16% —1—._—__——1 Corporation American General 110 33 % Jan 10% 1 Jun Jan 16% 52 4% May 2% 2% — Feb 5 8% Feb 30% 2% 18 > 1 —10 _; 2% 13% Cyanamid Co (Un) Motors Corp (Un) 10 Feb May 5 400 7% — American Co 15% 8% — American Kodak 13% May 41 _5 1 Feb Eastman 275 1,160 Jun 8 8% July General Electric Apr 14% 9% 3% - July 229% 13% 5 ■ _____1 —_—5 39'/a 5 Jun Jan 3 8% . 90 7 19 16% 1% -— 54 % _5 8% Mar 12% Mar 415 30% 5 4 1 ° — Jun Chemical 100 639 17% 28% — Jan Pont 9V* 16% 33% - • 3% .. 5 Jan 14% _! 1 Jun 9% 33% 66 % Du 3%' Jan 2% 29% 31% Dow 9 4% 8 Dayton Pr & Lt Co 7% July 2% 4% 97 1 1,735 1,526 1 1 10 —______ 9% Feb Jan 1 7% 4% 31% 5 Jan 2% 6 52 % * Apr 5% 90 Electric Jun 44% 5% 51% Gas 43 32 % 16% __ 31% Ohio 47% July 240 ___1 89% S 262 34% 17% 16% __ * & 47% 7% __ 10 25 Curtiss-Wright Jan 2% -2% common.—2% 25 Col 24% 34 % __ Chrysler Corp Products Columbia Jun 129% July Jun 44 % 14% 51% 20% 47% 129% • Chesapeake & Ohio City 225 203/8 May 40 14% 14% 3 Baldwin-Lima-Hamilton Feb. ■ July 34% 42 Va 14% 5 __ Feb 33% 106 % July 24 20 Telephone & Telegraph___10Q American 47% 10 Screw 10 American 22 Jan 91% Mar Tube class Standard 539 10 Cyanamid 22 29 2,868 Studebakcr-Packard 15 35 Radiator __ Jun 150 124% 129% W) 36% 35 American 30 5 Metal Spring 41% 1 Airlines 30 _1 Stocks— American Armour Jan 15% 7% Mar Dillon Scotten July 38 % July 37% 3% Jan (Fred B) 40% * common • 50% pi82 Apr 32 -. * Printing S 167 5 : — Rapid U 570 38% Jan 12 % May 6 & Co.: 15 * common 82 50 33 % 2,198 1,200 Rudy Manufacturing 363/4 July Jan, 656 5,682 14% 1,220 — 36% * Lunkenheimer G 27% 72 ♦ Kroger & 70 48 50 10 common 36% 38% n Art Hobart Kahn 10 8% 37% 13% 7% S) Metal (H Rockwell Mar 6% 37% 5% Brewing Prophet May 9 8% 1 Electric Peninsular Feb 43/4 14%' Feb 5% Motors preferred National Apr 88 8 8 6V0 50% Mar 9% July 6% Jan 14% 1 Clemens Mount July 29% July Jan 5 29 4% * _ 27 60 Wheel 46% May 6% Products— Screw Motor Feb 20% 309 5% Hershey Masco 24 636 577 9% Chemical & Stamping Lansing Apr Jun Jun 23'/a _5 Manufacturing Drug Co (S Kresge Apr 55'/a 24 66 10 50 ; ! 185 100% 100% 8.50 com Preferred 22% Jun July — Seeley King Kinsel 55 90 7% Kaiser Motors 1 High Low High 32% 19 —l Baldwin Burger Dow Shares Low 32% 20 Balcrank of Prices Jan 1 — Oil Howell Electric for Week 67 37% 5 Manufacturing common Houdaille Range 22% Apr 1 3 Motors Feb Jan 2,796 90 16 49 % 9% 1 Manufacturing Iloskins 2% 1,118 49 —10 Hoover Ball & Bearing Salts Ween's Products Brewing Higbie Cincinnati Stock Exchange 37% May 22 % -May' Jan 22 . (USA) Lakes Great 1% 1 Federal Mogul Wood Industries Goebel Jan July 19'% May £6% 1 Corporation Ex-Cell-O 7% 35 % 611 457 225 2,525 20 Bros—,—--.———: Gar 14% Mar • Jan 23% * — Edison 15 ' 15'/8 88% 10 common——_ Motors Apr 2% 25 Paper Power Apr 13% Mar 166 13% Electric Westinghouse Woodley Jun Jan Jan 23% _ _ Shoe Machinery U 30% 7% 21% 1,270 9% 28% * Inc _ Co U Jan 54 25 649 29% 27% 9% * 25 Drill Fruit 29% 2.50 25 Co Twist United ________ Webster & Torrington Union _50 — Co Association Shawmut 21% Mar 615 4% May 23% July 18 July 10% Apr 2% Mar 570 103/8 35% 20% 2 2% 21%-22% _'____* —___ 787 17 20% 1 / 3% 27% 10 35% __ —3.50 Company Chrysler Corp 3% __ ——5 — High Low High 17 — — 1 Range since Jan. Shares 27% 3% ■ -1 _— Manufacturing oi Prices Lew 1 Brown-McLaren Mfg Budd Par 2 — Roller Bearing Lower 3% ■ Products Metal Rubber Bear Feb Jun Feb - 1 Electric Jan Jan 13 1,779 17 17% 139% 140 Jan Jun 25 Va 20% July 36 275 1,300 36% 100 - 21% 15 ■ 1 __ RR Corporation Mathieson Chemical Olin 21% 10C 1 — __ 100 125 125 a—. Racing Service England Electric System England Tel <fe Tel— New N 100 Corp Mfg National Sales for Week Range " 61% - Narragansett Exchange Week's Friday Feb Jan Detroit Stock Co— RR cumulative preferred 5% DETROIT Ford Building Jun May 59% — _ 110 39 % Exchange Midwest Stock Exchange - 59% May 15 30 46% • . American Stock 'WewYork Stock Exchange - J.un 73 Va 155 25 59% 22% Members Jan 187% July Jan 47 37% 5 (new) . Central Maine 71% 145 51% ._*_10 * Star Cement Corp Lone 2,190 39 ' Inc— Stores Electric Gillette *Lh» Fuel Associates—_ —10 Gas & General - 5 _ Co Copper Range Co—— Eastern High 13% 9% July 172% Jan 185% 187% 46% ' ■ Low 155 ' Personal Calumet 100 — 10 Watling, Lerchen & Co. Range since Jan. 1 !- High 22% 59% 100 RR——— Shares 142 —-25 _—^ for Week 68% —100 preferred Boston 186% JULY 22 Sales Range of Prices 9% —.50 RR Maine & 57c —100 Albany Edison Boston Boston Tel—— & Company & Boston 10 WEEK ENDED Exchange Week's Low 5 ± FOR 1 2 6% 36 2" 466 2% Apr 45% July r»«7/ Jan , Feb tw r (th ' « H. UMiMtttlttiieWMMtal) W>m*M I.MMI *m...ian-If ^f.) r^in1..j.,t , Commercial and Financial Chronicle Number 5449,.. The Volume 182 (345) OUT-OF-TOWN MARKETS **&■ v RANGE FOR WEEK Friday ,, Pacific Canadian Case Co. (Un) J) (J Caterpillar Tractor new Corp (Un)_, Central Eureka Corp Certain-teed Products Aircraft Cessna Chance Oil Chesapeake Chicago Corp ' (Un) (Un) (Un) Chrysler Corp - Cities-Service Co Clary Multiplier Fuel Columbia Gas Commercial Solvents Commonwealth Consolidated Edison Edison (Un) of Y ,(Un)_ N Consolidated Engineering Consolidated Foods Corp 1 (Deli ,Continental Oil Co Zellerbach Corp Crown Crucible Steel Co 1— •_ Decca Records *a79'% Industries Dresser Pont du I) iE de El Bond Erie Oil 25% Feb 67r 39% Mar 47% Jan 5% red 45% Jan 50% Apr 24% July 30 % Jan Pacific 18 Feb Pacific Lighting 1 July Pacific Pacific Tel Pacific Western 175 120 % Feb 76% 76 % , Jan 14% Jan 9% July Feb 4.50% Pan 79 % May 57% Jan 84 57 35 % Jan 46% 16 Jan 24 Jun Pepsi-Cola -Mar 479 750 48 4% Jan Feb 7% May 58 % 43% Mar Pullman Jun 17 150 13 Va Apr a23<l 523 159% Jan Pure 249% July Oil Pictures 78 7 a a 79% 146 74% Apr 81% May 44% 352 41 Jan 76 Steel 15 15% 345 14 Mar 16% Feb Reserve 24 150 20% Jan 24% Apr 10,700 —1 5 41 Flying Tiger Line Inc 1 Food Machinery & Chemical (Un)—10 Fruehauf Trailer Co : -1 Flintkote Stores Co class A (Un) Florida Power . 455 400 May 21 Jun May a22 a41% a42% 79 40 a38% a38 V2 75 a— a22 ;i. (Un). Light & 40 415 4.25 150 51% 51% 51% a45% 193 a45 % a437/« 67 23% Garrett Co General Dynamics General 175 -3 (Un)— 1 41 Exporatlon of Calif 43 Va May Greyhound 3,643 3% 29% a41% a40 a64Va ————41 10 Corp 1 (Un) (Un) Jun 63 Jan Jan 63% 1 July 1 35% Jan 5% Chem & Kansas Power & Kennecott Kern Copper Corp County Land Co Standard Oil Standard Oil Co 3lVa Jan Standard Oil 2.45 Jan 1.10 May .200 38Va July 44% Mar Stone & 80 Apr Studebaker 31% Jun Sunray Feb Swift Lockheed Aircraft Lorillard (P) Co Magnavox Co (Un) Martin (Glenn L) Co (Un) Oil Mascot & McKesson Menasco a6T'a Jan 15 61'% Jan Merck & Co Inc Mission + Feb Apr 21% Mar 24 % Apr 35% Jan 40% July Textron CO Jan 73% July Mississippi 2,500 14c 191 Montana-Dakota (Unt_^ Fuel 7c Diablo 3,425 50c 7,500 Jan 8'% Mar 50 19c a33 % a34% 208 31 al45 65 102 150 45 2% Biscuit Distillers National Gypsum 80c Jun Mar (Un) (Un) Co Jan 23% Mar footnotes see page — Warrants 620 41 Jun 11% Jun May 64% 5,381 83% Mar 400 11% July 83% Mar 676 38'% 415 183% Jan 987 55 Jan 33 Va July 165 42'% 73% Jun 47% July Jun 65 39 % Mar 205 Feb 9% 6»/a Mar 690 Jun 25 Va Mar 43% July 10'% Jan 976 40% Mar 47 36% Jun 45 Va July 37% 90c 90c 1,100 71 % 30Va 23% 781 65% May 376 25% Mar 31 Va Jun 450 22 Va May -34% Feb 42% 42% a31% a32% 842 40 Mar 48% Jan 177 26 Mar 34% Jun a43% a45Va 18% 19Va 3,^ 3j0ir 22% 22% 225 36% Mar 48% Jun 17% 30Va 22% 80c Jan. 95c May 74 Feb Jan Mar 1 19'% Jan 200 3% July 5'/a Feb 775 27'% 4.349 Apr 33 435 22'% July 30 y8 Mar a97% a99% 266 74% Jan 33 300 9'/a 100 56% 1,042 30% 57% 57% a58%a60% 307 9% 65 50'% Mar 38 Mar 59 49% Mar 14 July 12% Mar Jan 9%' 30% Jun 102 Jan 31% 35 Jun a60%a61% Jan ' Jun 60 Jan ' Jun 1,282 45% Jan 53Va July 25% 26% a45% 34% 35 54% 25% 27 a45% 35% 35% 150 24% Feb 253% 490 25% Mar 28% May 43 10% 19 July 27 26% Feb Apr May 38% Jan 330 34 Jan 35'% jun 420 34'/a Feb 35% Apr 9 y# May 14% 300 Jan 18 Vs Jan 21 Mar 51'% Jan 64 July 50 763% 10 27 __ __ 27'A __ __ __ a94%a94% a28% a28% 24% 27 % a40 167 91 Va a41 91% a51 a52 23% 4,812 al33%al36Va a48% a.49% 19 19% 28% 28% 10% 10Va 10% — Jun 94'% July 28% May 28% Jun 39 % May 74 1,497 • Jan Mar 38% Mar 98'% July Jan 137 43% Mar 309 1093/4 Mar 64 43'% Mar 50 Jun 375 19 July 21'% Feb 310 27 Jan 30% Mar 692 10 Jun 15'% Jan 23 May 27% Jun __ „ 53'% Jun 136% July 59 Va Jun Apr 814 13% a6538 a69 % 391 62'% Mar 1.35 2,200 1734 1.10 Jan Apr 64% 63% 65% 1,303 46'/e Mar 45 42% 45 1,456 4038 May 22% 23 255 532 22% 23 Apr 66% May 1.50 Jan Coal 65% July 62 % Feb 17% Mar 21'% July Jan 24 Va 36% U S 24% 2.10 ; 37 26 597 2.10 100 a42 20 % 6% 2,840 2.10 2.10 700 a42 5 6% 22% a23 25 30 V2 30% 118 a28% a29'/s 94 a (Un) common Co 44 Jun 228 12% Jan 20% Jun 24 Jan 34'% Jun a31 30 26 Va Jan 34% Jun 45 Va 46 % 1,802 38 Jan 48'% July 7% a27 a27% 12Va 12% 500 7% July 93% Jan 175 25'% May 28'% Jun 460 10'% May 13% Jan a22Va 1 a22Vaa22V8 20 19% Apr 20% Apr 30 % 528 26% Mar 31 Va Jan „ 30% (Un) __ a97% « 25 50 (Un) Corp Corp 54 5 „ __ 1 _ 5 __ 16% Universal Consolidated Oil Universal Pictures (Un)__ Co 7% 29% al4'/2 al4% 53% 10 __ 1 __ 13% 50 a973/4 a97% 53% 54'% 575 al61% al64% 47% 44% 47% 10 (Un) 41% al64% 10 (Un) (Un)_ Corp a66% a68% 31% 32 39% 39 % a46%a46% Jun 82'% Mar 15% Mar 97 2,952 50 May 68% 137 146 Feb 150% Jun Feb Feb Apr Jan 48 18 67'% May 90 231 31% May 34% Mar 39'% July 41 Jun 405/a Mar 50% Jun 35% 517 267 40 Jan 51% 53% 1,983 41% May 55% July 71 76 715 29% 29% 150 May 27'% Mar July 33'% July 23 % 100 18 Jan 23% July 41 450 37% Jan 47 115 18% Feb 2b% 32% Jan 39 Jun Mar 21 July 66 Apr Van de Kamp's Vanadium Corp a24Va a24Va Calif RR Lines Rubber Steel Feb Jun 98% Apr 310 7V8 1 common Plywood Corp S S 39% 49% 76 23% July 25% U (Un)„ Carbon & of Aircraft 106 Feb 32 __ 1 1 Gas 90% a31 1 United U Cd—— Corp United 42'% Mar 44 41% 19% __ 5 Co Air 366 51% July 19% (Un)__10 2 Industries Inc United 46% Jan 12% common 50c Century-Fox Film Pacific 45 3% 25% 31% __ common (Un) Co 100 al00%al02% — 26 51% 1,078 51% 46 — __ 25 Inc Jan 1.65 41 Feb 2.50 Jun Washington Apr 423/4 Jun West 5% May 2.10 Warner 43% Jan 243/4 July Apr 22% Jun 22% Jan 7 3.25 30Va 30 30 530 24% Jan 32 * 81 81 % 880 74'% May 87 3l/a 3 Va 300 41V8 41 Va 210 22 22% 1,480 20 Va May 2.40 Jan 41 Va July Pictures Water Western Air Jan Western <■ (Un)—_ 1 (Un) (Un) Union Apr — Lines 23 % 40% Inc 20 20 * a41 a41 50 21 110 21 4 1 „ 50 Jan 24% Jun 638 24% Jun 28% Jun 133 24 V* Jan 32% Feb Westinghouse Elec. (Un) 12% a28'/8 a28% 66% 67'% * 10c a56 a56% 30c 32c Williston Basin Oil Exploration Jan Wilson & Company Inc (Un) 3 Va Mar Wool worth 45% Mar York Corp 23 Va Youngstown Sheet & Tube (Un) (F W) 10 __ 32c (Un) a52% a53% 100 46% May 53% 50 41 43 V# Jun Zenda Gold Mining Co_„ 58 9 Jun Zenith al0% al07/8 729 66'% July 60 52% Jan Mar Apr 12 Radio Corp (Un) Feb 58% Apr Apr Jan 43o Jan 14 Apr 12'% 12% 190 11% 52% 52'% 360 46 Va May 52% July 23 23 89'% 250 23 May 27% Jan 330 71% Jan 91 % July 5c 5c 1,000 4c Jan al23 all4% al23% 140 97 '/a Feb 12% __ __ * 10c * 83 24c 6.350 Jan a41% a41% 18 87% * 10 1 (Un) Jun 25% 25% 2.50 Wheeling Steel Corp (Unt 25% 18 Apr a22% a22% Teleg new (Un) Westinghouse Air Brake (Un) Feb Jan __ —5 (Un) Power Kentucky Coal Co Jan 31 % July a._ a— Bros Bakers of America 1 45. 9'/a 11% 50% 21 Va 38Vs 9% a47 53% —7.50 Corp Truax-Traer Twentieth S (Un) lo Co (Un) National Supply Co (Un) National Theatres Inc (Un) 38 145 72% Mar 552 1 (Un) Products Union Jan a53% TreeSweet 5 May 24% Mar Jan 22% Transamerica Oil 47% 5 573% May 567 41 Airlines— World Carbide 101 % 21 % Trans U 157 1 T 50 Jun 63 Sulphur (Un) Union 397 10 . (Un) Jun 20 5 Oil_ Prod American Union a53 22% Gulf Jun al20 1.30 Company Texas Jun a51Va 30 773% Jan 20 _25 Electric 40 all5% 5 (Un) Apr 70'% 62% 10 (Un) 134 al20 17% Co Texas Mar 42% July 1 Utilities National 30% July Jun a._ 33 % Mar 479 4% Jan a— 41% 1.35 Mid-Continent & Tri-Continental a84% a84% 17% — 10% a52% 10 Co National For 10 Va 38c a— * 5 com new Montgomery Ward & Co Inc Mount 9% a23% a23% 16%c (Un)— River 9 Sylvania a25% a26'% 1 Development 43'% 43'% 63 25 (Un) Tide Water Assoc Oil Apr 118 Va 1 Feb 39 Va Mar 431 . Jan 363% 67% July 20c 18 (Un) Co 58% Mar 49'% 518 440 20 10 4'% 1 Petroleum Jun July 10% ^15 (Un) Inc 80 1 Robbins Mfg Merchants 25' 24 47% May 325 35% « (Un) (Un) Packard 22% Mar 41% 1 Co Corp Webster 66 4% __lo (Un) Warner 12 » : (NJ) 10 1 Corp Inc 30'% Jan 20 — * of Calif (Indiana) a81% * Lion Oil Co (Un) Loew's Stanley Co 29 Va a29% 10 Va a69 Jan 18'% 38% Mar 25% * (Ohio). (Un) 24'% July 9,000 al45 10c 22'% 50 Jun 54% 1 (Un) Jan 2% Petroleum Inc Jan Jan 25 45c Libby McNeill & Libby (Un) 7 Liggett & Myers Tobacco Co (Un)—_25 Lincoln Brands '40 50 Z 95% 18 50c Jun 2,476 (Un) — 25 (Un) 44% 30 % 8% 15 com—25 Service 48 al07 (Unt Co Public Oil 1.40 1 Light 57% Ltd Corp 26 % 30 Va Kaiser Motors Corp Railway Sperry-Rand 1.10 14c „ Mar 86 5 3034 May al06Va — — i„1 (Un) 25% July 30% com__33%c — a6l% 1—2 211 al03% new Jun May 41 87% July ' .7% preferred (Un) pfd 4,353 (Un)——* Laughlin Steel (Un.) Alum a97% 25 Company Standard 24 Kaiser 33 _* Pacific 24% a678 a34 % — 5 Co 6% a63 V4 a63% * 10 19Va " ; Petroleum Southern 980 a79 10c — 20c Standard 163 (Urn a45 1.40 A Jun Southwestern a__ Corp a32% 25 42Va Southern * Co __ .25 Gas Calif Feb 301 Oil Southern Apr 73% Jones & — 25 Jan 62% Mar 73% Johns-Manville Mar 50 69 % : 3% 58 73% Jade Apr 13 July 146% July Jan 640 37% 90c 1 Company class 16% Mar Nickel 33V3c pfd 45% International Co 6% 43% 1,431 Oil 47% Jan 41 645 9% 9% a47Vs a48% 1 Edison Calif Jan 40 V8 Intcx 38Vs common—10 preferred preferred 4.48% Jan 39% Tel — 50% 41 Inc 4.32% Southern Jun 40 Va (Un) Jan 36% a26% & 9 5 " Ry pieferred 13 Va * Tel a39% - 5 Co 4.08% 32Vs * Paper a74 1 Co Calif 10 35 Apr Mar 106 10'% May 465 a46 a55% a38% a42V8 a74 a66% a39 a39% " July 2% Jun Harvester International 37% Feb 27'% Jan May 129 250 a55% a37% a40% a72% a65% — a38% a41% 9% (Un) & Aircraft Southern Jun International International Solar Jan 51% Interlake Iron Corp (Un) (Un) -1 25 —25c - a46 __ 1 Oil,Corp j i'>, Socbny-Vacuum Oil Co Inc 380 a * 12 —2% 10 Sinclair 8% July 30 50 1,665 Jun Jun 29 May 26% 1,175 19% (Un) Signal Oil & Gas class A 39% 1 Imperial Development 35c 252 25% 28 66 13 a45% a46% a45% 7% 16 « (Un) Jan 64% 33% 31 329 July 37'% 34'% July 100 146 % 146 Va 58% Shell Oil Col a34 1.35 —6% RR Roebuck a34 24% Corporation 6% 61% 32% 11% 13 ' 63 25% 50c Inc.. Central 21c 1,000 a48Va a48% 11% 62% common Francisco Finance 15Va 33 40% a46% Incorporated San Paper Co Southern .12% Oil Corp Stores Regis a39 % a39 Vs —1 Electronics Foods 17,250 8% 112 5 Holly Development . Homestake Mining Co (Un)— 45 26c a42% a4234 " 10 Corp Louis 41 Va Mar a82% a85% 1 Corp 37 May July Jan 750 25 Hotels 37 39% 25 Preferred 33% Mar May , 5% Mar 130 * (Un) Jan a4i% -1 a34 old Servomechanisms July 29% July 2% 3 (Un) & Ohio 10Va May 128 Feb 1 —" (Un) RR Aircraft Sears a— 91 Va Mar 20% 2% a28% 1 Corp Seaboard 180 2% 25 5 Schenley Industries (Un) 2,200 1 —JZ.l a36% a36% a28% a28.% 27 27 68 68% 40% 40% 50c San Diego Gas & Electric Sapphire Petroleums Jun 4.00 Mar 158 52'% July 1 " (Un) (new) 79% Mar Jan a 44 Jan _1 55% 2.55 61'a 61 Va 18 % Jan 44% 9 11% 50% 21 Vs 34 9% a45% Manufacturing Co St Feb 24c .... Chemical— & 8% July a— 4% Jan 38'% 1 Oil & Gas Safeway 30% Mar 42% 8% 10 Hancock Oil Co class A f 25 42% 27% Aircraft Eng Gulf Oil Corp Illinois a36V4 a36% 29% Oil Gulf Mobile Hupp 300 Va -—1 Co.. Co (Un) F) Great Northern Honolulu 4% 4 —5 Great Lakes Hunt 1,310 3 Va Goodyear Tire & Rubber Rights * Hoffman 170 125 127% 3 % Preferred <B 325 8 Va a80% a82% of Calif common—50c Good Humor Co Hilton Jan 41% (Un) Co Glidden Company (U11) Grumman Mar 47 42% (Unt Corp McBean & Goodrich 51 662 a36 '% Products Gladding, 1,008 10 Telephone Apr July 52 % 8% a80% 64% July 50 _5 Spring & Axle (Un) Rohr — July a58V4 :—5 Public General 34 52% Mar 686 -0 Rockwell 44% Mar 56 % a50 V4 5 10c (Un) Utilities General Gladden , Corp common— Public Service General (Un) Oil Jan 28% Jun 132 4% Mar Jan 52 Va a56% 5 : General Foods Corp (Un) General Motors J 85 a32% a34Va (Un) Corp Co Electric General 7 a31% a31% 2 Apr 373% 4,639 —3 5 ^ (Un) Corp St —1 (Un) Inc Corporation 48% July 18 a41 12% Richfield 'A (Robert) Gair July 35 67 24 Rice Ranch Oil Co ' ' 3 45% Mar 455 51 Va —1 Jan Feb 35% 2,450 Jan 17% a41 ——50 33%c (Un) Drug Inc— Reynolds (R J) Tob class B Feb 7% Jan 47% 3% Jan 40c 75 Jan 460 a— 5 Va 6% 63a Jan July a92% a92% 28% 28% 23% 24 Rexal! 2.00 450 18c 1 Pictures Republic a22 600 51 Va 50 (Un) Republic 100 a22c 39% 43 (Un) 14% July Bank.. 24 V* 21% Republic Aviation 17% Mar July Jun 67'% 900 May 17% Jan jun Jun 1.60 82 245 26% 36% Mar Aor Jan a Feb Jan 5% Mar 327 54 12% 1.60 62% 1,036 31 Va 10% 23% Jan 20% of Corp 916 a Jan Jan a41y4 a41% Corp (Un) America (Un) Raytheon Mfg Co (Un) Radio 352 a24 2UC 2.75 47 V# 20% Corp Vp 1.90 Feb 14c 1,600 1,124 a41% (Un) 14'/b 41 4,000 4% 53»/4 1 Theatres Co 14 (Un) 15c July Mar 15% 27% Mar 34'% July 49 - 1 Incorporated RKO 46%'Apr V 17% _4 common (Un) 14 Merchants Fitzimmons • Co RKO Jan 38 Va Jan (Un) Philco 37% July 89% May a61% 100 Phelps-Dodge Corp (Un) Corporation Phillip Morris & Co (Un) Phillips Petroleum Co (Un) 18% July 32% May Jan 30'% (Un) (Chas) & Co 14 Co & Oil World Phonograph (Un)—5 & Co ; common (J C) Co (Un)_„ Pennsylvania Railroad (Un) Jun Pfizer 04 Va 32 150 3Va — 1 common— Penney 14% Mar 365 a51 a52 35 35% a58% a61% 3'/a 25 10 Pictures Paramount 158 49 34% a22c 12 25 25 "A" Tel & American Jan 230 Jan 49 14c a22c 8 ... common preferred 74% Rheem Farmers Corp Elec & preferred Indemnity Co 267 165« 15% a225% Finance 30 1,246 Apr 4% 10 Petroleums 15/64 July Jun 16 11/64 July 17% Mar —25 preferred 1,231 14 V8 1 Railroad Exeter 2C| 44% 4 — — Radio •Emerson 21 Vs Mar 81 Feb 3% July a76 78% 5 Clay Products —i Gas —1 Products Electrical ElectroData Pacific 37% a 5 „ Pacific Pacific Feb 66ViS 5% a5§ 3 (Un) Jun July 100 16 V# 9% Mar a28% a28% a230% 5 (Un) Share & .t 17 Va 2,685 95 200 24 Va 41 Chemical 29 43 %■. 43 % — .10 (Un)_. Natural Gas Paso Electric 10c (Un) Nemours Eastman Kodak Co Mathieson 76 Va 250 11% 4% 1 , (Un) common 15% Mar ,127 Apr 571/2 __ 1 (Un) new 21 Va Mar 37% * Olin Co 110 10'/ 16% Edison Co Oil 593/4 Mar 65'% 5% a53% — Ohio Ohio 197 "'.125 14c " Oceanic Oil Co...... Jun 300 • IV/2 3% / 1 Petroleum 504 a-V ; 19% , 50c — — Laboratories '.Allen B) DuMont Jan a84% a843;j 80% 80% a44% a48M4 __ -—1 5 (Un) 5% Occidental 90% July 55% Jun Apr , 1 1 11/64 15/$) a78 a79'/j 16% " Calif 4t>v2 Jan High . 8 34% 1 Inc Low High 2V2 49 1 (Un) Ry 3% 1 Range since Jan. Shares Jun 15% Jan 1,755 1 a50 : a5 24'%" 243, — 10 of Chemical Dow — Co Co Douglas Oil Co 66 % 53* 10% — \ 50c - Aircraft 2,091 238 903 10'% (Un)—1 Inc (Un) Deere &.Co Douglas; 28% May 66% al6al6ij — 1-—5 —25 (Un) (Un) Curtiss-Wright Corp common Jan Feb . 5 (Un)_ 18% 46% 7% ' TV 68V2 ;/7 ' ;';2i 15/64 -1 2fe Jan Aircraft 95 a4234 — (Urn Motors Pacific for Week al7al7% __ I 1 ; Aviation (Un) Northern - allVa allVa __ « ; Co Northrop 54Va Low 1 Corp Corp Oil North American Feb 50 , ' 63% Jan 21% Mar 16% 16^ a20% a20V. Liquidating Corp.—../A Consumer Power Co rights— Continental Can Co (Un) 20 30Vs 163 28% Consolidated •Continental 231 1,150 $p 52V2 a50V4 24%' Nordon Norris May 120 7V2 * _50c IV3 16% Mar Radiator S Niagara Mohawk Power (Un) Jun 23 52«'4 __ —* 1—25 (Un)„ New Jan 29% 1% May 43% Jan 86'% 89 % * (Un) System /1.00 20 100 , ——* 1 :* Iron_x & May A^r 70c 175 U England Electric System (Un)__. 1 Idria Mining & Chemical 50c York Central RR (Un) 41 New 55% July 25% July a66'%a677f __ 1 —: Climax Molybdenum (Un) Colorado 21% Mar 100 New Feb 22 V^jfe a25V4 a25t v 22 __ ——10 (Un) 18% 55% July a3iia 1% '< 51 % 25 , 87 120 v Par National Jun 61 % Mar Mar 60 16% Mar 19fe a29'% 100 ; 29 Range Sale Price,j of Prices ; 35Ve Sales Week's Last t High 110 v'%8* 28 l3/4 25 1 " (Un) 1,145 7?>c 75c 19 Va 1 — Chicago Milw St Paul com Preferred j 1 (Un)—— Ltd___ Low 28% Mar a52% a5#4 17% tW2 a52% a523/4 2334 23% „ 1 Z & Ohio 233% 1-1 Co Co . Friday STOCKS 3^'a 34 Va Q—1 ; Vought Aircraft Charter 351/3 .—10 12% (Un) 10 ——_* (Un) 22 1 Range since Jan. Shares Hijffi Low 25 (Un) RR Corporation Celantse • o£ Price# Par . JULY for Week Rangef Sale Price ENDED Sales Week's Last STOCKS Carrier 37 , 1 8c 126 Jan May ,] The Commercial and Financial Chronicle... 38 (346) Monday, July 25, 1955 OUT-OF-TOWN MARKETS FOR RANGE WEEK 22 ENDED JULY Friday Midwest Stock Exchange A eompUatlom Sale Price |k« ronn«-lot tranwtlona onl» Sales Week's Friday Interstate ' Last STOCKS Abbott Laboratories Advanced > Aluminum Alleghany Allied —10 i_ Corp Corp Castings.. American Can Co American 40% 9% 9% 10 *A 45 % 47 ' 26 \ Jan 22 July 30% 10% Mar 7% 200 J*n " 11 Jan 61% Mar 36 29 70% Jan 74% 200 27% 2,000 31'A 32% 700 22% Jan 41% 42 800 38% May 32'A July 45% Jun 57 60% 1,200 48% Mar 62% 33%. Feb 00% Jan 21 31% 31% 100 29% May 28% 700 25 Motors Corp./— Rad Stand & 100 187% t25 Tobacco American Oil 72% common....5 8% class Dev A Anaconda Copper Mining (Un) Armco Steel new common Armour (III) Co & 25% (Un)—.5 American Tel & Tel Co._—— Amurex 9% 10 ——5 San $1.50 14% preferred Co.— Refining Avco Manufacturing 73 % 100 47% Jan 43% 400 36% May , 14% 15 3,100 11% Mat r 15% - Jun 46% July 16%, Feb 7% Jan 500 6 Mar 26 July 26 12% Jan 17 Jun 3,500 28% 100 25% Jan 700 8% 29% 34 % May 300 ; 40 9% 2% Jan 8% Jun Jan Jun 7% 15% Apr 7% 2,500 6 Mar 14% 15% 2,000 12 Jan 24% Mar 64 —3 (Un)____—13 Iowa 64 200 57 Jan 65 Jones & New common Bastian-Blessing Co Bearings Inc Beldcn Manufacturing Co Behdix Aviation Corp * 3 May Bethlehem Binks Steel Corp (Un)__ Manufacturing Co— Booth Fisheries Borg-Warner Brach & Sons Company — Burlington Industries Butler Jan 31% 15 Canadian Pacific Corp Chesapeake & Ohio Ry Chicago Corp common $3 convertible Chic Miiw St Chic North & & Co Co Marshall 900 23 3% Jan 23 Consolidated Consumers July 28% Co Motors $1 & Dodg£ Dow Du Chemical Mont 35 28 % 28% 600 54% 42% Jan 500 52 Jan Jun New Modine Eastman Kodak Co National New Jan Jun 18% Mar 20% Jun 90 100 89% 11% 12 20 117% 101% May 12% 66% 150 Jan 2,600 Jan 54% 100 34 Apr 90% July 55% Jun 26% Jan 35% Jun 84 397 Jan \ July 100 ' 37% 37% 100 39% 800 33 % May 34% May 37% July 39 45% Jan 30% 150 26 32% Jan Feb Mar 18'% 16 % 16% 2,100 14% Apr 17% 43% 42% 44 5,000 38% Mar 47% Jan 58 49% 56% 58% 46'A May 58% July 49 % 49% 300 46% Jun 50% Mar 11/64 ■Ia 9,700 11/64 July 10 10 10'A 700 9% July 40% 1,500 40% 41% 800 8% 400 20% 1,200 16 July 14% , Feb 4b 6% Jan 19% 32 37% Jan 8% Jau 9 % May 23% Mar Jan 300 31% May 38 Jun Corp.... 10 25 25 200 20 26 July Mar 54% 55% 2,500 43% Mar 58% 22 21 22 %» 1,300 20% Apr 23% 15% 15% 15% 100 13% Jan 17 Mar 53 53 600 36 V2 Jan 57 Jun 79 % 79% 100 55% 5 l class A—10c 1 (Uni——10 201% 208 208 * 53 15 20% 14% . 5 53 19% 5 _5 IS 51 Mar 54 Jan Jan 22 Feb 15% 16% Feb 13% Jau 1,000 Brewing Corp ; Flour Mills of America Inc.— Four-Wheel Fox (Peter) Drive Gen Amer General Box Inc General Dynamics Corp General Electric Co General 1 Refrigerator Co__ (The) Glidden Co Co 10 8% ! Greyhound Corp Griesedieck Gulf 3,200 46% Jan 300 75% Feb 124% 128% 2,400 89% Mar 41% 42% 2,800 Jun 9% Pacific States - 85% Co Hammond Organ Co. Harnischfeger Corp Heileman (G) Brewing Northwest (Walter E) Hibbard Spencer Co_— Illinois Brick Illinois Central Indiana Inland Steel Steel __ 14% j__2 Bartlett— 49'% _25 1 Ohio Edison Co 300 39 May 7 X. Co.! Ir.terlake Steamship Co International Harvester 58 '/b 59% 1,200 51 3,200 18 % 550 18 100 19% Feb 24% 16% May 22 Vfe Jan 1 IS July 1 July 19 Jun 100 400 Jan 7% 900 8 7 28% 500 79% 28% 200 Mar 9% July 22 July 9% May Jan 110% 107 115 28% July Feb 30% Jun Jun Jun 250 50 July 53 July 25% 400 23 May 34 Jan Apr 85% Jan 44% Mar 60% 24% class 52% 81% 52% 200 26 73% 1,400 52% 26 81% A—* 80% 5% 10 5% 9% 26 800 5% 28 Jan 7% Jun Jun Feb Apr Oil 7 21% 500 20 Jun 20% 21% 400 19 May 9% Pan 700 20 % May 23% Jan 75% 400 55% Jan 83% Jun ——10 1 r 41% 40% 41% 700 33 Jan 44% Jun 11% 11% 11% 900 12 % July 0 48 46 48 900 32 Jan 48 July 1 58% 57 58% 500 47% Jan 61% —10 31 % 30% 32% 2,650 24 Feb 32% July ——5 21% 20% 21% 18,500 17% Mar 21% July ——100 78% 76 78% 300 ——5 — 16% 16% 16% 1,700 (Uni (Un) Corp Co Co 7% Jan 66 Parker class Co Pen 69% Jun 29 Jun 700 44% Jan 51% July 500 34% May 37% Jun 23'A 100 22% 24% Apr 61% 1,300 1,100 51% 51% 51% (Un)_——1" 35 % 35% 35% 23% 59% —7.50 20% 19% 20% 41% 41% 41% 15'A 100 .2 B 5 25 50 100 : —_33%c Pulman Pure Oil Co new 22 , 1,900 5 22 % 15 Jan 27% 29 1,800 22% Jan 23% Jun 25 30% Jun Jun Feb 166 Mar 17% Mar 24 July Jan 49 May 58 Jun 43'A Jun 156 300 24 Jan 9% Jan 2,600 Jun 43% May Jun 1,400 46% 800 36% 56% 400 48% 38 38% 200 36 72 74% 900 70% May 78 8% 9% 400 8% Jan 10 Jan " 42% 42% 200 38% Jan 42% Jun _* 65% 65% 200 57 * Indiana common 74% 1 —i (Unt Company 15 8% 46% 56% -.3 ... Public Service Co of Jan '36% Mar 24% 158% 158% 24 64'A July 53% 12.50 (Un); (The) Co 29 Feb Mar 24% 8 24% —-1 Co Phelps Dodge Corp (Un)__ Philco Corp (Un)— Phillips Petroleum Co 17 100 15% 50 1,400 1 Pepsi-Cola Co (Un)— & 61% (Un)—1 Pennsylvania RR—— Peoples Gas Light & Coke iChas) Mar Jan 800 25% Peabody Coal Co common 5'r convertible prior preferred Pfizer Jun 17 Jan 67 % 25% (Un) Pictures 82 Jan 55 66% 25% 10 Corp.————5 Chetn Jan 16% 20% 67 —1 com) Feb — American World Airways Paramount Jan 23 75% Natural Gas Oklahoma Olin-Mathieson 23% 22% 75% 5 -12 (new Co 11% May 22% July Jan 2,300 21 9% Jan Mar Jun 71 % Mar May 39 39% 6,400 34% May 41 % Jun 31% 32 500 30% Mar 33% Jan 10% 5 (Un)_ .5 Quaker Oats Co RKO Theatres Radio Corp (Uni— Corp of America _1 50% (Un)—1 Raytheon Manufacturing Co. Republic Steel Corp (Un)___ Rcxal iDrug (Un) 1 Reynolds (R. J.) Tobacco class B 10% 100 8% May 50% 21% 47 % 1,100 Jan 55 Y4 Jun 18% 700 46 Jan 25% Apr Jan 48% July 10'A Jun 48% 47% 48% 1,900 .40 Mar 48% July 6 25% 25% 25% 1,250 24 Jan 14 14 100 10% Jan 400 25 Jan 14% Jan 16% Bros Co Rockwell Spring & 9% Co Schenley Industries (Un) A 700 7% 31 Mar 14 July 31 % July 29% 29% 30% 14% 14% 15 45'A 45% 45% 200 34 % Mar 49% Jun 23 2234 23 400 22% 27 Jan —5 1.40 : , 3,100 Apr Feb 17% 97% 7.50 18 400 17% Jun 21 Feb 97% 99% 200 74% Jan 104 July 60% _1 ?_* Co. * 9% :_5 : Et Regis Paper 9% 41% May —12 Axle—: Schwitzer-Cummins 46% _5 Louis Public Service class Co 37% 300 50% 21 10% July -5 10 2.50 10 River Raisen Paper. St 32 61% 300 56% Jan 65% Mar 20% 18 % 20% 17% Signode Steel Strapping Co— 1 20% 19 Corp ' X—-———5 Socony Mobil Gas Co-Inc (Un >— 15 57% 57 57% 60 % 61 26% New common Sinclair South — Oil Bend 13,200* Jun 200 50 24% Jan 18 Jfuly 59% Jun 61% July 28% May 49%.Mar 1,400 _ Mar Jan 27% 500 19% 20% 4,200 ■+-* 61% 62% 900 51% Jan 65 1 28% 28% 200 27% Jan 28% Jan. Works——— Lathe : (Un>_— 13% Jan 18 400 18 Jun 85% .83% Southwestern 5% 600 61% Mar 5% 41% 27% 28 J 1,400 4% Mar 500 27 Jun 27% July 2,050 27'/a 50 13% 14% 600 40% 200 28% 49 49% 150 38% July 7% 400 3% Jan 450 27% Jan 27% 7 31% ' 32 Co 5 —.1.5 (Un) —1 26% 20* Service Public Warrants. : 24% 27% 5,700 21 V« Mar 15% 16 % 3,200 10 % Jan 3% 2% 3% 5,560 1% 29% 23% Jun 15% Jan Dredging Corp —1 Oil of California— — Standard Oil of Indiana .25 16% Mar Standard Oil N J (Uni— .15 (Ohio)— .10 43% 48%. 49% 1 11% 11% 12 —5 32% 31 —1 17% 14% —10 10% 18% May Standard Oll Co 88 Standard Railway Equipment July 25% Jan 9% Jan Jan 5% May 41% July 35 Jan 28 Jun Corp— Stone Container Corp Studebaker-Packard Sunbeam Corp —t Corp.—- ! — Sundstrand Machine 9% Feb 33 Jan 1,600 14% Feb 19% July 200 59% Jan 67'A 1,900 23 18% May 68% May 80 Jun Mar (The).! Texas Gulf Producing Thor Power Tool Co Toledo Trane Edison Co 1; 1 Jun Trav-ler 32 31% 32% 550 28% Jan 35% Feb Tri 40% 39% 40% 3,700 35% Jan 41 Jun Truax-Traer Coal 33% 34 600 32% July 41V* Jan 20 th Century-Fox Film—; 14% 14% 409 12% Jun 16% Jan , Radio Corp Continental Corp - (Un) common 208 So La Salle St Corp— 3% July 6% Jan Jan Jan 95% July 53% July 1,000 106% Jan 140 % July 600 42%. Jan 50 Jun 900 8% Jan 12% jun 32% 2,500 24% Feb 33% July 17% 300 12% Mar 17% July 10% 3.000 58 —5 1 48% 48% 49 % 25% 25% 26 52% 51% 52 % 102% 23% 2 Jun 16% July 42% May 74 200 134% 136 97/a 5% 400 July 1,600 52% 58 - 9 % July 15% Jan 42% Mar 62% Jun 31% 49% July •27% Jun * 500 3,500 Jan 23 % May .3,700 700 46 ,84 52 y# Mar Jan July 106% July 101% 103 300 27 27 200 26% May 30% 23 23% 950 20% 25% Mar 16% 1,300 16% 15% 52% 52% 100 46% 45% 46% 1,200 2% i—2 Corp * 700 136 * 5 Co (The) Transamerica 5% 91 51% * Company— Texas Co 52% 25 3.33% . Sunray Mid. Continent Oil C01 Swift & 5% 90% * !_25 Tool—' 14% July 40% July 49% July 19% 76% 27% 2 Spiegel Inc common Standard 19% 74% 50c i— Sperry Rand Corp..—_—:—— Standard 63% —< Jan Jan 19 . 16% Feb 18% - 150 July 63 .15 20 20 3% , 19 5 35 Jan 5 * International Mineral St Chemical International Packers Ltd 16 %• Jun Jan 3% 30 % 26 2% May 24% 18% 75% Jan 30% 4,600 - 2,400 16 Jun 16% Mar 1,300 2% 30% 28 66 Jan. 63% : , 13 100 9 44% Mar 1 : 7% 250 33 8% 52 Co.. Ohio Co * RR 20 16% 33 x50 Ry Pacific lo Co Products - 10 common.—. 16% 8% x50 Bancorporation.——— Southern 40% 39 ; 1 3 1 & Co Hupp Corporation Huttig Sash & Door 27% _10 May 107 Oak Manufacturing Co Southern 82 41' 1 ... Hein Werner Corp feller 5% 1 j.. 17 Apr Jan —— Power Stewart-Warner Hallicrafters 10% Mar 300 37 68 (Un) Jan May ..18 .25 Jun 15 * Aviation July 64 15% 16 —2 ; Jun 85% 1,000 82 2% 30 % 3 1 May 7% Feb Feb 75 14% 50c RR Shell Oil 128% July 45 % July 37 900 8% 8 * 43% Feb 200 Sears Roebuck 8c Co 56% ~ 23% July 61% 103 conv Mfg & Feb 79% Mar 49% Mar 2,800 32% Jan 1,250 98 Inc.. Jun 23% 1 * (Un)—' Co Oil Corp— 3% 18 __ * ____ Greif Bros Cooperage class A 69 Feb 2% Mar 53% {{: " 1 Great Lakes Dredge & Dock Great Lakess Oil & Chemical 57 % 17% ; ~ i 1 100 1,600 July 10% July 9% Jan 1,200 58% 40 ;lo 1 CoJ (W. H.) Drug Stores 6% Jau 81% 50 % 77 % 82 :_l Rights Gcssard ; __ L—l Goodyear Tire & Rubber Co.——* Gray 3 Apr 14% July Jan 3 51% 128% 5 1— 62'A 9 Mar 7 11% 81 52 * _ 10% 2% 56'A 5 ... (Un) 150 400 10% 17% Mar 15% May 6,750 5% 3 _3 i_„ — Gillette 7% 14% 5% 62% ;_i Corp General Motors Corp General Telephone Corp....1 Gibson 7% 13% —2.50 Foods 500 5% 10% —5 Transportation..' Corp ___: 15% 7'A " 1.25 _ 15% 14'A 4—5 —L.lo Auto Brewing. Gamble-Skogmo 15% 1 600 2,200 68 May 98 Co— (Minnesota! Rich man Falstaff 37 26 65 87 Jan May 43 200 210 Jan 185 Jun 81 % May 68 % Mar 91 Jan*^ Jun Jan Jun 47% May 3,000 100 8% 6% 67% 23% * Illinois Gas Northern 100 90% Jan 300 36 3 Central Northern 18% Jan 48 63% July 54% July ___.___12.50 North American Car Jun Jan Apr 22% Apr Jan 1Jun 25 Co__ American North 29% 9 25%. Jan 22% 200 67 1 Ward & Co Tile York 6574 4,300 Apr 45 % July > 45% Mar ■ Jun 80 37 —10 Notional Standard Co_ 25% % 100 July 14.v Jan 43% Mar 700 - 57% Feb 18% 32 120 7 7 ,10 Inc Lead Feb 37% & Mfg— National Watch Emerson Radio & Phono (Un) 54% 25% —^_1 National Distillers Prod—— Jan 37 Elgin 63% 4 Cylinder Gas. 16% 21 10 Electric Controller 56%' 78% com—* new i w Industries Napco 64'A May 50 30 30% 1 Eddy Paper Corp 63% 100 1,250 1 (Un—— Motor Spec Muter Company 600 1,000 5 Eastern Air Lines Inc. 34 " Co Cement preferred Mfg 65% l B) 33 " 79% .10 Utilities common 26 1 . 22 54% Minneapolis Northern 22 % 50% 34 Jun j (Alan Jan 30% Jan 25 Co__„ Labor Apr 13% 23% 97 25 Drewerys Ltd USA Inc *40% 300 % 142 % 142 % * Manufacturing 22% 10 100 19% 19% 116% 120 17% 22 : 28 _* Company 356 44% 17% ..1 Hart Inc common prior Potter Deere 23% 44 17% * Co & South 90% 1 Curtis-Wright Corp (Uh) 23% 44 Ky_. Mickelberry's Food Products Miller & 18% 100 ... 23% * Metropolitan Brick Inc 65% 1 Corp.. 12% Mar —7 Mfg Lt Portland 24% * common.. 1,800 9% 21% 20 15 Cudahy Packing Co__. 13% 21% 51 52 ... Continental Crane 13% 1 28% July Corp 4 1 24 Co.. 5% ._1 :.1> Cement Power 3% Mar National Feb 5 Rights 908 National Container Corp.—— ' Apr common 4% Jau Jan Jun (Un) 4% Jun 33% Edison 5% July 21% 54 % Commonwealth 2% Mar 34% 34 Columbia Gas System 100 18% Mar 16% Mar 36% — 4% 23% 35% " Inc. 4%- 100 63% Inc Jan 500 54% Co Jan 31% 10 Foods Jan 38 52% July 20 16% Mar 3,200 Feb Jan Cleveland Elec Ilium Co 15r% 99% 500 — of 20% July 50 800 1 — ( 24»/2 Mar 52% 19% 120' 20 86% Ctleman 21% Jan 31 89% Clinton Elec Muskegon Feb 2% 1,900 20 Field (Glenn Martin Medusa Jan 60 30% Jan ..... 39 500 —— & Cement 65 250 _25 preferred 100 23% -J Marquette Motorola 53% July • 42% 1 — common Montgomery 29% common,-!* Co Feb 35 23% Lytton's (Henry C) & Co___^ Apr 100 . Service Jun 45% 33% 42% $2.50 preferred Lion Qil CO Louisville Gas 47% 65 Cnrysler Corp % % 39% 35 Lincoln Printing' Co commen..— 1 Lindsay Chemical Co common—....—* 22% Apr 16% 3st% Jan 11% 4 Jun July " — 1 Llbby McNeil & Llbby.... Jan 700 800 21% Mar 600 Cleveland Cliff's Iron common. 30% 200 14% " (Un)— Laclede Gas Co 25 18% Chicago Rock Island & Pacific Ry. Chicago So Shore & So Bend RR._12.50 Chicago Towel Co common * Cities 3.900 14% _33%c —8.75 5 151 % July 300 ; 42% July Missouri Portland Cement... 53 % .10 Ry 32% Mar Jan 35 1 Western 1,500 — Jan 45 34 35 (Un—_—25 Pac 41% 1% 53 7i, preferred Paul & 40% Brewing. Co 1 Minnesota Mln & Mfg Mississippi River Fuel new common.. 10 34% —- 41% Apr 5 —.25 — 28 V2 Mar 57% 31% May —10 ! (Uni common Central & South West Corp Central Illinois Pub Serv 35% July (Un) National Carrier Jan —10 — & Kennecott Ccpper Corp 21 50 2% 14% May 30»/2 26% Jan 28% 20 common— 104% 23 Jan 500 600 20 1 5 —12.50 Brothers 300 18% 22% (Un) Inc 151 % 2% Cotp._ Burroughs Corp Burton-Dixie May 64% — ___5 _ 1 18 __20c Budd 200 44% 45 6 Foote Gear Works Brae! 1% 23 5 J). Jun 48% May 151 _..5 (E Jau 25 % 300 1% -- 1 — Corp.— Corp 2'A 350 49 % 2% lp * (Uni 1,000 26'A 49% 20 5 Benguet Consol Mining Co 2% 26 —50c —___10 — 12% 35% 28% Kimberly-Clark Corp Kio Oil <fc Development—— Knapp Monarch Cos. & High 30'A July Jan 34% — — '. Light (Un) Katz Drug Co.—__— Leath 23% 5.500 I sir.ee Jan. Low 30% 28 «... « Power & Light Power Leath Range High 28 % 28% 3.50 —. (Un) Week Shares —10 Electric—. & 30% Sales for & Chemical— Kansas City Middle Baldwin-Lima-Hamilton — Co Gas Laughlin Steel Kansas » (Un) & Light Co Alum Kaiser Apr 7 Power Tel & July 39% 8 8 . 100 6% 26 38 % —3 Corp May 28% .* lo Automatic Washer Co.., 7 72%-May 9 % Mar " 62% Feb 1,100 14% 15 —1 — 13% Feb 27% Jun 187% July 70 ' Apr Jan 173 1,000 8% 7% 26 ——_2.50 Refining common 2nd conv Atlantic 72 %: 71 Jun 9% July 21% Mar 800 1,300 6% Ashland Oil & . 1,400 25% 35% Jan 43% 5 common... 10 25% 186% 187% 70 50 ——10 Warrants Arvirt Industries Inc Jun 73 26%- 28% American Apr 74% ——1 (111» American July 80% 32 —10 „ Investment Co Feb 7% Jan 400 1,650 American Machine & Foundry—_—7 American Jan 32% May 27'A Theatres. 1 --12.50 Co 600 1,000 _1 ... — Cyanamid • 48 y« 40% Mar 1,300 32 23% 20 ; — (Un) Broad Paramount 45 31% Power Illinois Iowa 1 High Low High 10% 1 0 Jan. Range since Shares 23 ; 9% : 5 s — Mfg American Airlines American 23% — (Un)__ Laboratories AtUs Chalmers 31% I * Prices 44 44% S Co.—. Steel Admiral ol Low Par Acme for Week Range Sale Price Tel Range of Prices Low Par International Week's Last STOCKS ' Jan 16% July 59% Mar 13% Jan 44% Jan 47% July 4% Jan 37% Mar 1,200 2% July 1 28 28 28 100 25 y« May 28 y» Jun 1 22% 21% 22 y« 700 18% Jan1' 22 v4 July 1 29% 29% 30 800 26% Mar 31% Jan —* X60% 60% 60% 150 60% July 64 1 2% 2% , - Jun Jan I Number 5449 Volume 182 ... The Commercial and Financial Chronicle 39 (347) OUT-OF-TOWN MARKETS RANGE FOR Friday Week's Last STOCKS Par nion Carbide & Carbon Corp. Uni UB( iflr Electric of Missouri— Union Oil of Caliiorma Illio United Air Lines Inc —10 United Corporation (Dei) (Un). U S S Rubber U S Steel 101% July 31% Apr 58 200 6% 100 6 215 Mar 34% Jan Allis-Chaimers Mfg Co 48% Jan 100 280 (Un) Apr American Can Co 14% 14% 100 13% Jun 16% Mar American 46% 300 40% Feb 51 American 40 % Jun 53% 51% 53% 3,600 May 57% July American Motors 13' 14 % 800 8% Jan 15 % Mar American 200 27% Jan 30% May American Radiator & S S a 30 30 25% 24% 25% 28 % Jun 68% 1,000 1,700 24% July 65 % 64% July 82 Feb 31 31 34% 2,700 22 % Jan 38 1 42 42 3oO 35 4 16% 17 300 4 bi b4 2d 10 Union Teiegrapn— Western common Westinghouse Electric Whirlpool Corp Co Motor Wieboldt Inc Stores $4.25 12% 5 Corp preferred common— J. —-— 20 ' (Un) American Tel & Tel Co..: American Tobacco Co Corp 15 Feb 20% Jan 84 May 90 Jan Anglo Calif National Bank* Archer-Daniels-Midland Co Anaconda (Un). Co (The) 19% 20 500 19% Jan 22% Mar Electric 33% 33% 100 31% Jan Public Service. —11 22% 22% 22% 200 21% Jan 34% May 24% Feb Armour Wisconsin (F W) Co. Yates-Amer Machine Co. I—10 52% 50 52% 1,700 15 16 Bankshares Wisconsin Corp 4 Power— __—10 Woolworth 5 46 900 May 52% July 16 % July 10% Jan (111) Co & Philadelphia-Baltimore Stock Exchange Friday Week's Range Last / Sale Price American Tel _____—__4 50% 187% 186 Tel— & Arundel Common ;; 1 —— Budd Company Chrysler Corp - ._—1.80 25 Curtis Publishing-Co _—i— 1 Light common..13% Duquesne Light Co 10 Electric Storage Battery 4 Delaware Power & Jan 24% Apr 44% 678 34% Jan 15% 507 12 Jan Jun 58% 16% 17 753 21% 39 86% 6% 23 839 1,217 2,586 225 384 2,122 354 35 36% 30% 40% 90% 7% 46% July 24% Mar 35% 37% 31% 9% Jan 18% Jun 15% Jan 23 38 % Mar 44% Apr 90% July 66 % Jan * (Julius) General Motors Gimbel Brothers Homasote July 6% Jun 30% Jan 34 Jan 36% July 37% Mar 28 Jan 34 % 9% Jan Feb .10 —.100 Lehigh Coal & Navigation Natl Liberty Bolsa Oil Chica Co & Merck Wash Jan 32 14% 222 33 550 417 11% July 5% Jan 15% 11% 300 10 400 50 80 Budd Company Pennsylvania RR Common Burroughs Corp Corp __ Electric Potomac Feb July Jan 11% July 13% Jun 5 ■_— __. — —, Electric Service & 53'A 42% July 7,762 11% Jan 19 12 % Commonwealth class New 36 Vb Mar 22% 21% 22% 1,367 19% 22% July Consolidated July Oil Woodward Gas System 45 July May Consolidated Edison Consolidated Natural series *. — 37% common • — — . 721 42 887 38% 43% 41% 10 38% 41»A 38 % 13% Jan July 5% Jan 44 160 36% 35% •6% Feb Oil First class of N Y 1975 83 84 1975 A 85 85% $2,500 1.500 Corp Jan 42% July Jan 44 of Prices 83% Jun Feb 89% Jan 83 Co —— * « Dorr-Oliver Refractories Low 35 45 24% I6V2 141 Jan 28 y8 50 25 Va Apr 28% 46'A 49% 225 37% Jan Jan 49% July 54% July Jan 32 >A July 54% 60 43 32 Vb 133 27 10c 10c 100 10c 17 17'A 434 16 54'A 5 1% Jan 37% Mar July Inc 20. Feb 2% 1% 1% 840 1% Jun 82 JA 254 62% Mar 8% May 34'A Mar 7% 7% 40 7 '/a Mar 32% 7% 32% 13 29% Jan 5 — 30 100 5 29% 15% 30 % 7c 8c 15 195 10,500 Jan 82'A July 4V2 Jun 5'A Feb Mar 24 7c 31 Va July Jan 10c Jan 16'A Apt 15% 175 13'A Jan 6% 435 Glass— trust ctfs 1 6'/a 33% 33% 60 IIIlO 28% 28 28% 523 6% May 26% Apr 25 y« Jan 12.50 67'A 65% 69 313 64% July * Vanadium Alloys Steel • —- Air Brake Electric Corp Paso Natural San Francisco Stock Friday STOCKS Par 5 common. (Un)_ footnotes see 4°% Jan 54% _ page 45. a66 1 a23% ao7 1.10 Jan Feb Jun 70 * 19% Jan 28% May 3o 47 7B leo 69 % July 66% Jan 90 Va July ,Mar 55 % July a— — 16% 16% 951 157/a Mar 17% Feb 22 22 144 20 % Jun 26% Feb 94 39% Apr 47% Jan 139 147 147 905 Jan 124 161 50 13% Jan 18 157 45% Jan 51% Fee 33 a33% a33% 10 10 a82 % a82% a28% Apr 34 !A Jun 225 9% July 14% Feb 35 75% Mar 13 a29 184 438 96 76% 29% 84% 2,194 104% 10474 a45 % u48 % 84 % July Jan 106% May 28 104% 32% Jan 100 6% Jun 1 19% 20% 1,170 19 16 9'A Apr Feb 509 15% 19% 2,301 15% 699 46 % July 53 Apr 13% 100 12% May 15 Jan 5% 1 5% 100 a55% a55 a55 % 16 400 a229% a226 a235% 217 15% (Uni.10c 78% Co..— — 7% May 58% Jun Jan 43% Mar Jan 17 y. Mar 158% Jan 249'/a July 67 Mar 81 14 May _—2o 334 47 1,068 41% Jan 52 Apr 40 1,304 33 % May 41 July 22% 40 79 44% 3 ..20 Co— 41 4% 19% July 39% 10 (Un)... 19% July 19"% 46"% 13% 46% 4 7 '/a 5 Gas Feb Mar 18% 5 25 Mar 45 24 Jan 46% class A com—5 (Un)__. Jun Jan 190 a48 Jun July 101 Mar 55% 84% 5 89% 28% May 100 100% a28% 7 Co Apr July 17% al7% a49% a50% a (Un)__25 1 Jun 9'A Mar a42% a44 Va 5 common 50 46 7 & . 7% Jar* 33% July 32% Feb 82'A Jan Trailer Freuhauf Ltd—__x_i Light & Power Food Machinery & 22 '/a 109 21% Jan 26 Mar 150 6 & July —.1 Co General Foods ;——.3 Exchange Range of Prices Shares High 45% a66 a66 52 47% a23% a23% 34% 34% 89 25 150 29 Low 195 41 % Mav High 45 % —5 1,933 51 % July 77 "/a Mar 2,081 46% 56 91 125 129"/a 1,769 89% Mar 127% July 14% Jan 10% 16% Teleph Corp new (Un)——10 41% 41% 305 41 ——— _ & CoL— Co.-i., (B F) Tire Co (Un) & Rubber 1 10 1 —10 (Un).. 5 (Un) 4 A —/_ Mary — Corp . Oil Paper & Co Corp Jun 77 July 21 Jan 28% July 1,211 7 74 125 7% July a65 a65 110 61% "Jan 68 Va-July 33 54% Mar 61 a57% a60% a60% 1 ft a2% 9 Jan Jwiy 1July Si July 878 50 41% i_' 1ft a2y« 41% 480 36% Jan 42% 16 ' ill a2% 16 200 13% Jan 16% Mar 2 3% Mar Jan 44% 31 % May Jun Jan 33 32% 33 1,334 16% 16% 1.537 12% Feb 16% Apr 47% 48% 200 36% Jan 48Va Jun 1.10 1.40 600 2.40 Jan Jan 1.40 2.80 7'/a - 400 2.65 May 4.75 39% 375 3874 July 4 7'A 79 79% 1,075 77% Apr 85 a28% a29'/8 40 23% Apr 28 % May 1.25 Jan 2.80 2.80 50c July Feb Feb 70c a73% alOH a 83c 4.425 39% 40% 2,147 35% Jan 41 a73 % a73% 77c __4 (Un) 1.10 July 39% 4 (Uni.4 125 58% Jan 73% July al08 201 87% Apr 106'/a July 106% Jun July (Un) —4 30 29 30 2,933 23% Jan 30 33%c Tel com 10% 9% 10% 1,025 8% Feb 10% Jun :• 84% 82% 84% 580 82 May 91% Aur 10 41% 41% 41% 325 32% Mar Co— Johns-Manville 70% 315 28% 16% 48% 1 (Un) Harvester International Tel % July 7 74 —_—6% Mines 44 1 4 —1 12% Battery Co class A (Uni Oil Co (Un)._ Mining Co (Un) Inc 18% Mar Jun —4 .5 A_———— Pineapple Co Ltdx Corp Hotels Foods Ftb 17 Jan July flPO% 3 OH Corp Jun 27% a80% — . Jun 84% May 16 McBean Jan 76% Mar 125 Hawaiian Jones & Jun 57% 52% 52% 17Va Hancock Oil Co class 37% 51% a80% a82% 56 % 17% pfd i Mar Jan Jun —-——4 Goodyear May 46% 125 Rights Graham-Paige Corp Great Northern Ry Greyhound Corp Intex Jan 410 Brewing July 66% July 29% Jan 35% 17 International 45% 200 52% common.—— International Nickel Co Canada 1 44% 12 International Range since Jan. Jun 44% 17 Goodrich Idaho Sales for Week 55»/a 11% Gladding Hobbs Jun Feb 6ft 4 Gillet-t* Co Hilton 36% 47% 44% a80% 129 '/a — 2nd Goebel Jun 930 , —4 Paint Corp Preferred General 51% 4 General Motors Corp common General Conv Jan 35% 52 io a38% a38% f r ______5 (Un)— Corp 3% 50 50 6 4 new———4 Chemical Corp.—.lo General Dynamics Corp General Electric Co (Un) Hunt Low 45% 25 52% 1 Petroleums Federated Honolulu Week's Last Sale Price For 330 16% 5 4 Capwell Co. Plantation Holly Admiral Corporation Air Reduction Co (Un) 67 52% a43% 4 A Hcmestake ACF Industries Inc Jan July July common deNemours Florida Jun 20c Jan Jan 78% ■ • 5 Feb 'A July 34 31% ■ 7Va 5 224 54'A — 11 Va 15% Jan 1,478 32% '• Mar 31 1 37 • Apr 5% 5'A 1 ___ Abbott Laboratories Jun 31% High 57% July 29% July 24% July —10 voting 74c 290 27 Chemical Co Ewa 39% Jan 36 34 (rights)—. Toy Mining United Engineering & Foundry Co Westinghouse 1 4 49% _♦ : Westinghouse Range since Jan. 40 27% Gas States Shares 27% 5% San Common El 29% 37 ; _2.50 Pittsburgh Brewing Co common —10 Pittsburgh Plate Glass ; * Pittsburgh Screw & Bolt Corp—. Plymouth Oil Corp * Reymer & Bros Rockwell Spring, & Axle. 1—5 United 1,700 (Un)__ Corp Eastman Kodak Co 51% 16'A • III .5 Corp 80c 29 Dominguez Oil Fields Co (Un) Emporium High 24% 24% __. Joy Manufacturing Co Natco 77c a29% a33% (Un)— Publishing Co duPont 29% Supply 56 V* July 25% Jan 27 1 Douglas Oil of Calif 57% 57% * Fuel 21A/4 Mar 18% July for Week Range Low !> Steel— — Star 18% 45'/a Mar 1,142 1 America of Co Curtiss-Wright; Sales Week's Last Gas System Duquesne' Brewing Duquesne Light Equitable Gas Co Mountain 16 Va Mar 182 23% 4 Steel Curtis 76% Mar Apr 730 % a53% 23 % a 52 (Un)__15 Co Gas Di Giorgia Fruit Corp Class B common. ser Jun 21% Mar Preferred 39% Mar Jun Apr 35% 28% Mar 823 (Un) (Un) Co Zellerbach Crucible b40 " 823 Jun 67% 35 Vb 29 Apr Columbia Lone 33% July 7ft Feb 5fjf May 29 37 Par Walker 16% 6% 515 28% 75% i' Sale Price Harbison Jan 28% Crown Friday Co 14% a27% a27% 10 STOCKS Blaw-Knox 775 25 Pittsburgh Slock Exchange Cork 46 16% 28% —4 Du Mont Laboratories class A Armstrong 30% July Jan 28% Bank A—;——— Ludlum Jan 33% July (Un) Continental Motors Dow Allegheny 26% July 18% 924 350 61 Refining (Un)__ BONDS 5s 21% Mar 180 46 25% ?. Jan Nat'l 34 May 49% Corn Products 147 36 135 Crocker 300 Jan 60 Jun 253 "27 Va « 60 Jun 6% 190 July Jun 79 34 Jun 35 17 6% 37% 71'A 33 200 Jan 6'/a Jan 598 Apr 34 23% 1,210 33 y8 70 % 190 7% Feb 70% 22% July 31 47% Apt 54% Jan —.1 Jan 90'/a 28% 55'A Mar Feb 15% 7% 29% 31% 15 Va 8x2 51% 259 782 400 ao7 490 277 380 17 86% Consolidated Coppermines 45 35% 44% 1 Indus Chem 42J/2 Mar 74'A Jan Mar 22 % a25 a25% 25 43 % Mar 34% 5% 69 7% (Un) 54 71% Feb - 54% (Uni 170 34% 87 88 % Edison 45 33'A July Jan Jan 6 Jan. 16% 80c 32% Light common- Baltimore Transit Co 4s 36 V* Jan Feb 44% a33 % 3 3'A —10 Lothrop Jun 61 Va 17% 32% — & 3% 55 237b 32% Co.— Washington 100 a65 • a 53% 32 Va Co Trust Union 3% a64 »A 4'/a 56% July 25 —4 45 Continental United Corp United Gas Improvement 355 45 A.2% 2% new —— 45 74 Sun 501 5,750 —3% 44 50 17 Apr Apr Juiy 1 Co Solvents 1,088 _ 10% May : s 35 32% — 149 5 'A 6\y « Reading Co common 57% —.10 —. B— Gas Commercial 38% com Jan 50% July 103% Jan 28 16 common-4 Gas $1.40 dividend preference Jun 24% 25 Columbia Broadcast System 45% Mar Jun (Un) " Public 19% Apr 50% —25 37% 37 >/a ■ Jan Jan 51 Va 25% 1 (Un) Aircraft Chemical Columbia ,w~ 170 % Jan Apr 20% May 24% May 12% Co ... 19% July 43% Jun 50 36% -1% Corp 12,415 50 12% 65 Apr 6 V* 31 Colorado Fuel & Iron— Feb July 18% preferred 855 Jan 46 Ltd—_—2 (Un) .25 Oil Ry Vought 19 preferred. 15% 6% July 38c 25 ,— Chance 16 A 2,735 Jan July 35 (J I) & Co (Un) —12% Caterpillar Tractor Co com _10 Corp of America————4 Central Eureka Corp. 1 16'A B 7% 10 Cclanese 18y8 series 48% 32c 5»/8 Case 18 'A series 40 40% . 5 „_5.50 —5 Packing Corp. Canada Dry Ginger Ale (Un) 10 3.60# 34%. Jun 210 12% 17 5 California Ink Co_—— —20 3.60 '/r 552 1,130 ' 21% Jan 40 22 J.' —10 Cement Co_— Calaveras 4,105 May 47% July 35c 50% a64% 1,648 a Feb 4/% July 3% 15 29'A 80 Jan 16% 100 57j/b Clorox Jan 45% July 146% May 44% 5'A 49% July 30% Jun 322 36% May 13% Jan 126% 40 12% Mar 51 a__ 43 % a 148% al52 __ 72% May Jan 286 42 42% 85 50% 1,843 49% 120 ' 47% 47% —v 49% 40 257 14% 70 Clary 42 Vu common.. —10 Power a42% a45 % 14% Feb 140 a29%a29% Chrysler Corp 27% — a39% a40% __ Apr 49Va __ — 66% July 5 Byron Jackson Co__. 38 % preferred Participating Philco Jan 150 18% Mar 48% — _ 54 { a50 30% 49% * -Jun 673 64% 23% Jan 17% 10 July 73 14% 16 23% 17% — 65 Jan 23 % 219 22% 17% Pennsylvania Salt Mfg Philadelphia Electric common^ Philadelphia Transportation Co— Mar 47% a46% 877 22% Power & Light com. Pennsylvania 62"% 40 52% 16%c Corp July 190 1 — Cities Service Co Pennroad Jun 53% Jun 187 257 a5Q Chesapeake & Ohio Ry (Un) .—25 Chicago Milw St Paul RR com (Un)—4 Preferred (Un) —.—100 800 27 i 505 I 7 Feb 26% Mar 57% 778 V 43% 23'A 22 71% 32c- 410% 25% 29 VB — 20% 11% Mar Jan __ July July 80 a Jan 40 23% July 20% Jan 80 Jan 9% July a— 41% 5 Borg-Warner Corp (Un) Broadways-Hale Stores Inc—- Pacific 13% 400 * 13 400 __. __ Jun 13ys 480 al43'A al44% 1 (Un)—. .— Canadian Jan 1 L) Inc Co 13% 100 24 Jan 173 % 32c 1 ;—5 * Corp.. Atlantic 16s% - Jun 18% 230 —1 (Un) Canadian 30% 89% Mar 62 150 1,126 47% 4 (tin) Boeing. Airplane Co 129% July 28% Jun Jan Jun 538 51% 14% 2 Bishop Oil Co— Blair Holdings Corp Jun 26% Mar 1 1 (Glenn Martin of Wash Bank Bank of Lincoln Natl 11% Jun 20% 18 12 9% — 31 34 115 27% 30% — 10 Resistance Jan 23% 17% — 23% 500 3,135 27 27% .—15 1 Co International 128% -4 vtc common Co common (The) 5o 28 28 28 124% 129% — . 5 Watch Hamilton Hecht Corp 28 __ 25 5 preferred—. convertible 4%'/< 50c common 45 a69 a70% a45% al44% 5 California Garfinckel 29 V* 33 % July Feb 187% July 28% Mar Borden 22% 39% 88% 7 35% 37% 31% ■ 47% 172% 960 ■ — 5 Campbell Soup Co 201 2,108 25% 14% 15% Transit Co— Baltimore 50% 187% Jan Jan 25% 64 p2 Bethlehem Steel (Un)——— Jun 21 3878 May 48 Mar 70 % (Un)—13 —_100 (Un) Attk 22% 25% a40% ■ July bu% 57% 10 Aircraft Corp — Bt ndix Aviation Corp (Un)— High 42% 43 13 Baldwin-Lima-Hamilton Low 93 a 70% 4 Beech 1 170 Jun 120 Jan 51 % 10 Baldwin-Lima-Hamilton Corp -Range since Jan. 24% —4 —10 Corp ———: Atlantic City Electric Co Shares 9% a80 a80% ; 72 186% 186% 50 Fe (Un) Atlantic Coast Line RR Atlantic Refining Co (Un)—._ Atlas Corp (Un)__ Atok-Big Wedge Avco Mfg Corp (Un)— Btckman Instruments Inc High 49 ._____100 Co— Stores American of Prices Low Par 24 . 9% —5 (Un) Atchison Top & Santa Baltimore ,& Ohio RR Sales for Week 60 % 24 25% —4 —4 — — STOCKS 350. —20 ArmcoBteel Corp.— Wisconsin 918 1,0j.I — •—25 ;—25 30 (Un) (Un) American Viscose Jan July 43% July 27 42 % . —5 (Un)..4 100 & "Refining 93% Mar 3274 59% 10% .7% Jan 45 492. °/« — . High 700 _ 41% 60 % Chem class B American Smelting —2.50 _ 74% ox __ —,—75 4 (Un)__— Potash & 10% allS 1 Jan. Low 26% —12% Cyanamid Co (Un) — 10 Factors Ltd (Un) —20 (Un) 14 Corp__ 9% (Un)__i Bdst-Para Theatres com Amer Range since High 73% a _.. . Shares 112% 10% alio American Airlines Inc com (Un)__—1 Feb Jun 7% 281 46 -16% (Un)__ (Un) Allied Chem & Dye Corp Feb of Prices Low —1 4 20 (Un)_. Alleghany Corp 59 May 1 Co Walgreen Co White 27% Jan 1,300 45% 6% 280 Iron Works Van Dorn New 45% ~6% 81% Mar 900 54 Sales for Week Range Par High 1,000 98% 29 % 53 Last Sale Price 1 5 Industries U 94 29% 53 20 Jan. Low 98% —1 Range since High 29% 2d United States Gypsum— Shares Low * Week's Friday STOCKS for Week of Prices Sale Price WEEK ENDED JULY 22 Sales Range (Un).. Laughlin Steel (Un),—... 42% July 40 (348) The Commercial and Financial • ' Chronicle... Monday, July 25, 1955 OUT-OF-TOWN MARKETS RANGE S» •IB (Cent.) ./ Exch. Francisco omm Stock rranu»bu tAv... Friday vw* Week's Last STOCKS Sale Price Low Kaiser Alum Chem & com__33%c Corp Preferred Kaiser Corp 1 Kennecott Copper Corp (Un) Kern County Land Co Leslie Loew's Aircraft Inc 34 % 1,924 30 120 Apr Jan 5 May RKO Pictures Corp (Un) all6% al20 186 99 Jan 113% Jun RKO Theatres Corp (Un) 58% Apr July 52% 53% 368 48% Jan 49% 51 160 40 Jan 18 17% 18 560 13% Jan —1 Corp.^.— — 42% 44'% 930 40 Jan 23 23 340 17% Mar — * Cement Jan 2% — Jun 49 23% . 51 S Apr Safeway Stores Inc— St Joseph Lead (Un) (Un) Jun <R H) Macy & Co Magna vox Co * com— (Un.i Marine Bancorporation (Un) (Glenn) Navigation McKesson Meier Frank & Menasco Merck J M Inc (Un) Inc Oil M National National Gypsum & Co 16 16 RR 8c 8c 8c 28,100 56c 56c 59c 12,614 28% 29% 217 ♦ 73% May 87% Jan 16 Mar 19% Apr Convertible 861 20% May 46% Mar 23% Jan Conv 800 1,131 16% Jan 45% 47% 1,055 31% Jan __ 464 ' 7 34% 34% 34% 191 58 55 58 1,114 47% May 63 26% 26 27 350 19 25 25 % 230 22% 22»/2 100 21% July 21% Jan —25 25 (Un)—_ Olaa Pabco Products Pacific 14% 15% 3% 52 387 Inc American * common.. Fisheries— 6% 1st preferred 5io red preferred— 5% red 5 ,' red 1st Indemnity Co Pacific Lighting Corp Oil & Gas & Preferred Pacific Tel 10 common Oil Corp of 52 jun 35 8% 8% 51% Jan 30 10 Jan 37 27% Jan 28% Jan 28% 159 28 260 27% Mar 27 1,340 68 63 100 40% 40% 26% 2,052 55c 68 29 27% 55c 100 11% 12% 600 147 85 al48%al48% 5 144 39 Jan a45% a45% Pan American World Airways (Un)„_1 Pennsylvania RR Co (Un) Pepsi Cola Co (Uni__ Co Petrocarbon Philco Corp common (Uni May 10% Mar Puget Sound Pullman conv prior Tide Water Pulp & Timber Inc (Un), Apr Pure Oil Co (Un) 5 c r '• • , Radio Corp of America Railway Eq & Realty Preferred Rayonier New ' • , (Un) 100 ;__i common w i 1 Raytheon Mfg Co (Uni— Republic Steel Corp (Un) Electric 147 Rheem (Un) United 148% May 57 Aircraft United Air Can United Mar Fruit Manufacturing Co 30% May 49 % Mar 37% Feb 1,330 59% Jun 366 50 61% July 45 54 % 1,058 27% ireo Jan Jan 54% July 27 % 111 25% Mar 2 11 38% Jan 42% Apr a27% a28% a28% 65 27% Jan 23% Feb 34 Feb 35'A — — — 35% 24% 27 120 7% Apr 27 35 % Jan 74% Jan S7% Jun 27 Aur 28% Apr 23% 250 11% Jan 211 37% Mar 90% 94 % 2,622 al37% al33% al37% 311 65 Jun 16% 94% 45 — —5 a50% 10% 19% a49a50% 73 29% Jan 53% July Jan Apr 44 Apr 93% July 44% May 19% Jun 16% July 40% Jan 51% July 10% 544 9% July 15% 26 787 22% May 27% Jun 17% 18% 589 12 Jan 20% Jun 51% 51% 150 46'A Jan 48 — 18 Jan 24 Jun U S 48 432 42% Jan 51% July 49% Jun 48 25al02% : al02%al02% ——* __ 19% 10 com—_ 5 Inc (Un)__ Jan A 77 19'A 19'A Feb 100% Jun 160 38% Mar 44 % Jun 4o0 a40% a41 % 14 Mar 24 Jan 31% 31% 467 45% 46% 3,888 aSlVe a31% 21 — 46% a31% 1 (Un) (Un) Mo Corp 27% — 88 20 J/a July 33%. Jun 37% Mar 48 26% 34% Jun 28 % Jun Jan 27% 118 25% Mar 98 373 82 Jan 27% Feb Mar 58 Mar U S Rubber 343 36 Mar 40% Mar U S Steel 98 • a29% 10 Juiy 29% 30 % 53% 1,400 50'/a May 58% Feb 28% 100 26% 30 Jun 68 71% 45% 53 53% —12% . 5 (Un) 101% July 28% common__25 a 31% Jan Apr 527 66% May 90% Jan 45% 240 3i% 48 Jun 2% al4% ald% al4% 59 * Inc. Glass Plywood 49 38% 1.25 7 225 2,446 2.65 2.65 100 700 July 2.25 44% 59% ; 60% a66% a66% a39% 4% Jun Feb July 1.80 a58'A a57% 10 Co Universal . 77% Jun Victor 58% 128 Jan 14% 13% Mar 49% Sugar Co Equipment Co 71 Feb 40% Jun 1,246 36% Jan '200 26% Jan 33 33 __ 90VA 90% 26 __ 931% 94% 500 a37% a37% 35 21 21% 60 % 537 a59% a59% Jan 40% July 18% Jan 475 45%" 46% 85% May Warren Weill 41 % 15 May 41 Feb 47% 473/3 674 40% Mar 37% 38 640 36% Jan Petroleum & 40'% July;; 42'/a July ' 50 40% Mar 50 40'A May 51% Jun 34% Jun, Air 41% July Western 25% Western Department Stores Pacific Railroad Co Apr, 48% July Western Union 64 Westinghouse July 47% July 45% Feb Woolworth Yellow Co Cab 25 1 14 82 100 1,465 70 1.45 771 13% 14 1,450 * 1 common 43% Mar S3 Jan 93 July Mar 81c 8% 1.60 Jan Jan Jun 14% July _ 252 62'A May 77 140 17'A Jan 25% 13% 560 11% Jan 62% a€2% a b; Jun 13% £25% 12% July . 5% 15 % July 7? 12 67'% May 13% July 69% Apr 75 • —10 75 Jan 22%" 22% -- new (Un)_2.50 (Un) 57% July ' Feb—*-. 75 98 Jan Jun Apr 49 82 77 w py • , 12'% 1.40 (Un) Corp W) 5 (Un) Telegraph Elec (F .a 50 May 35'A 3% Mar * ert* (Un)—1 (Un).j Western Inc 936 c Insurance Jun Lines 15 66 80 1 Life 800 a50 1- 3 (Uni Coast 295 5 ! 15 20 common 2,015 '75 5 15 —100 , Petroleum Preferred West 90% July Corp Bank 53% 70 .: --a 1 (R) Co Fargo Westates 55 102 25 _ _ 5 — Jun Feb Jun 339 ■ 10 (Un)_. 31% 58 Feb 31% 53% Oil com 51% 47% a47 % a , ; 51 31% a47% 16% common Consolidated a a39 '/a a39'/a * 62%' July 36 May 10 1 Utah-Idaho Apr (Un)___: Corp (Un) Corp Jun 7% 57% May 40 ■ United Gas Corp 3.75 Feb 70% May 120 a40 ' 373/3 a24% a25% 862 July Jun 24% July 23 67% 65% 68% 1,371 65 July 83 |52% 51 52% 641 46 May 52% July 6% 6% 730 5% Jun: Feb 6% Feb Apr CANADIAN MARKETS RANGE Montreal Stock Canadian Friday STOCKS Last Sale Price Par Abltibi Power 4%% & Paper, common.— Aluminum 5%% Co 2nd of $2.40 Asbestos Atlas Range Bathurst Power &-Paper class Class B _; for Week of Prices Shares Range since Jan. High Low British American Bank 26 Jan 36% July British American Oil 24% Jun 27 15% British 2,735 8% Jan 24 24 725 15% July 24% Jun 105% 105% 73% 76 2.920 23 Feb 26% 520 26 109 270 106 55 55% 50 % 100 51 May 7= 50% 104 % 50% 107 25 3,369 400 104% Mar 49 69'% 47 Jan Jan preferred. preferred) 4'%% Feb 5% Jun British 109% Bruck Feb 1_„I50 24% 2,553 21 Feb 58% 58% 58 % 235 53 Mar 45 44% 46'% 2,585 32% 20 17% 20 5,235 13 % Mar Feb Jun 52 May 25% Apr 59 British Columbia Mills Class on Orders bandied on Canadian Stock 46% July 20 Exchanges through our Canadian affiliate which has a direct private wire from coast to coast. W. C. Pitfield & Co., Inc. 1 Tel: HAnover 2-9250 Teletype: NYl-1979 Jan 63% Jun 1,325 38 Jan 53 Apr 5,923 45% Feb 50% July 7% 7% 7% 7,737 7 Apr 9 J/a Mar 28 1^ 28 28 30 30% • 31% 8,093 105% 105% 70 Building July Bulolo Gold 45. 105% May Mar 53 53 325 51 Jan 54ya Mar 53% 50 52% Jun 54 Mar ^ 14 13% 14 6,525 8% Jan 14 July 37 35%' 37 2,457 24% Mar 37 July 49% 49 49% 740 43% Jan 50 Va Jun 12 12 200 11 May 15% Feb 5 5 100 6'% J an Jaa __ 4.50 Jun 46 46% 490 42% Feb 46% Canada Cement _5 5.50 pfd_ b.oO 3o0 5.40 Jun 7.05 106 __ » common 106 15 Iron Northern Steamship 20 class A Foundries 10 Power Corp • 50 Bronze Canners comomn $1.75 3,040 37 31% 2,014 30 Apr 32 225 25 May 26 Jun 27% 27 % 29% 1,300 23 Jan 29'% Jun 13% 13% 100 12% Jun 40 1,220 20'% Feb 40 July 14 14 598 13 Jun 14 May 29% 29% 3,372 25 Jan 30 Jun ,32 __ 33 365 29 May 33 July Celanese common preferred Chemical Cottons preferred Jan * 29% 33 1 * 30 31 155 27 Jan 34 July 36 36 36% 175 30 Jan 39 Jun • 29 28% 29 1.225 19% May 29 28% common I series 14 Feb- 35% __ 28% 2,100 28% July" 23% July 29 29 275 21 "23 2,380 20 receipts A Canadian 43% Mar 40% 26'A * Ltd Canadian Car & Foundry Class May Feb Jun 31 40 __ 25 ; preferred Canadian 108 " preferred Canadian Breweries Canadian Feb 26%' 40% _• common 5% $1.25 105 26% preferred Forgir.gs __ & 20 29 » 22% 25 Cellulose common 22% _ - 12'% 25 13% 19 19 13% 29 Jun July Apr 25 Feb 550 13% 11 Jan 32 % Apr 37 Jan 3,860 -35% '7 36 __ 12% • . 8"% Jan 14% July 315 ' page 104' July 31'% July 53'% * Dredging.. Calgary Power 6% see 28 Jan 25% Mar 53 > : Canadian footnotes 21% -53% ♦ Products Canadian For 58% ' Deposit NEW YORK 761 48 50% 25 A : Canada 30 Broad Street 63'A 50 _• Telephone class Ltd Canada all all 62% 47%- * Products B Canada quotations I High Jun 1 Canadian securities. Low 50% §> ^g-31% \ |05% 50 Range since Jan. High Jh63% §/, 48 ♦ 100 Shares Low * Power— $1.30 Fast Co Co— . ^Forest Columbia Jan 55% May Note common for Week of Prices 50 Canada 4 Range Sf;1 ♦ preferred Apr 24% * 82% 4%'/o & Power Electric British Columbia o4% Ltd 106 Columbia 110% July 27 Ve Jun _■> « Traction"'Light 495 Mar * ;___* 25 19,833 109 Corp Brazilian High A i — 36% 26% common Telephone 26% 109 I III I50 Bell 1 33% 100 preferred Steels Sales 26% preferred Ltd Par Week's Sales Week's Last Funds 106% Anglo Canadian Pulp preferred Anglo Can Tel Co 4%'// pfd Corp Friday J»Ie Price preferred__25 Can 4% 22 STOCKS IIII 4qo III * :_~I~~~I* ; JULY 13% ~~~~~% 5% preferred Algoma Steel WEEK ENDED 26 oK3a common.."" Aluminium Ltd FOR Exchange Low 20 Sugar Class A Argus » preferred Acadia-Atlantic * 138% July 22% Feb 9% — . 170 73% 107% July 25% __ 7.50 19% Apr 51 40% 5,541 Jan Jan 16'/a — Jan 14% 21 9% May 18 % 40% ' 5 Co 970 - 1 & 230 74% „ 329 57% „ common——50c of Lines 581 7 * 31 % 57% 10 a45% a45 % 1 15 common— 24 __ 1 Reynolds Tobacco class B 31% a5b% a61 % 53% —10 Carbon Co Sugar 1.35 21% 10 Reserve Oil & Gas Co 67% Mar 27% (Un)——1 Union Oil Co of California Union July 1.25 38 __ 5 - —50c (Un) Oil Union Jan 12% July Jan Jun 33 ___: common Inc 58% May Jun 50% ♦ J Inc & 21% • ♦ com 6% July 50 31% 57% 25 Carbide Wells Ltd 225 —25 N Union 30% 72% a4o 7 a62 (Un)___———* Corp 23% __ Mar 6% abl% 2 Tri Continental a53% a56% •> 103% Juiy 10 Airlines Jan 59% « Jan 4c a62 Corp—__________——2 17% Mar 2.65 * (Uni— 76 73 California— Ass'd World 22% 7 pfd—___7.50 223 1,170 Trans 256 74% t aiUO 62 63% a93% a93% Transamerica Jun 3,293 38 Co.—plO 7474 Juiy 6% —5 American 29% - a56% —3 Philippine Long Dist Tel Phillips Petroleum Co Fig'n Whistle __ _12% Jan Apr a28% a2o% Company (Un)— Sulphur Co (Un) 20% 24 1 ; (Un) 27% 57 % 63% Texas Gulf Textron 19% 29% 33%c Chemicals Phelps Dodge Corp Jan 22 % July 146 a98% i (Uni— 28% __ 50 - 6c 125 100 Corp United __ 14.000 156 — 81c Jan 225 __ 50c 129% 5c 106 Jan 146% __ 20% Juiy a'/4 10 % Corp Apr 41% Mar July 37% & Texas Apr Feb Feb 28% Jan Apr 22 % 20% Sylvania Electric Products Apr 52% July Jan 28% 4 20 % July 10% common Brands Inc Mold Swift 10 44% Mar 26% Jan Jun Apr 35 28% Jan 17% loO 20% Sunray Mid-Continent Oil Mar 11 28% 19 v« 740 "— Studebaker Packard— 30% July Feb 7% 520 a28% a28% 7% 10% 5,582 36% Jun 22% Mar 1,209 50% 36% * __ 37% Super 170 Jua 20% Stanley Warner Corp (Un) Sterling Drug Inc (Un) July May 11% 4 July 4% 35 uun 49% 2 (Ind) Co 146% —100 Western Co Oil 64 % all 40% —100 — Oil Standard 3% Mar __ ;___♦ common Standard 52% Mar 29'A — Development—33%c Ltd—— 1 Pacific Petroleums Pacific Tel (Un) Jun 4% Mar Jan 631 100 __ 25 of 17 Jan July 300 9 __ 25 Inc 234 29% a28% 25 pfd preferred— Pacific Pacific . .25 pfd series A 4.80% 4.50% 8% 51% 25 Rand 4 al0% — __.25 :__ Sperry Standard 3 JiU 54% 34% Mar 45 14% 4c A—25 ser Service Spiegel 35% 9 __ _5 Co Jan 44% 42% July 41 % Jail ,'4 203 230 ———4. * (Un)—_—* Co Public Feb 59% . „ Railway Jun 4 — 15 Pacific Coast Aggregates.— Pacific Gas & Electric common.., 35% __ 5 Pacific Southwestern 39% 59% __ 20 Corp Southern 13% 1,000 52 1,388 5 Soutnern Feo pfd Petroleum 23% Jan 43 v* Mar 22 % (Un)__» com (Un) 81 66% 758 3% __ Calif Co 24% July 17 620 26 3% Plantation— Sugar 24% 9% Mar 40 a71 % a73% 4.32%———25 Gas California Southern Southern Standard Oil Co a78% a78% 14% 12 ____» Sugar Co (Uni Mathleson Chem Paahau 26 20 : ■___ (Un)____ Ohio Oil Co Olin a78% __1 (Un) — Co • Jan Mar Co Edison preferred preierred 4.48%—-——25 4.88%__ 25 pfd Southern 28% May 25% July 30 50 3,965 Jan Apr 17% Apr 48% July 34% July 1 1 Co 55 10 July 1 Aircraft Calif Southern Cumulative 7% • Corp 842 17% (Un) ' Feb 2 5 15 class A Co (Un)__. Oil 865 537% — 2.50 Socony Mobil Oil Co <Un)_ 81% 17 com Railway 32 18% 7% preferred Sugar Co Ltd Apr 51% £4 7% Sinclair Jun 7% Jan jun 10% Juiy 14% a*8% a5u% 43'/a 43% lb% 1874 2u% 20% — * (Un)___ Co Signal Oil & Gas 10c 17% -10 1.4J 2-60 (Un)___— Shell Oil Co Apr 76c 53% 9 8% Mar Jan Apr 23 45 4a V4 18% Co—-J- & Water Shasta July 18% _J 1 7 30% Jan 22 (Un) - July __ . Pacific . • 3c (Un)_____5 Power Northern 16 - 53c 25 ___! Aviation Northrop Oil May 33% % Mar 13% 43'A a50% Paper Co 80% __ * Investment Edison Scars Roebuck Jan (Un) preferred Ohio Jun May ' Oahu 42% 5 % 72% Mar July 8 P Industries Scott 14 May 33 1x0 High 44 10 20 Maurice Mining Schenley Apr 21% 29% San July 40% Mar. 140 65 420 9 all% all % all% 5 10 —5 Diego Gas & Elec com preierred ___- Feb 405 745 34 , 9 13% 4.40% 43% 325 —______* Mohawk 91 71% 33 ~9 Low Apr 30 6 5 (Un)__ American Oceanic July 23 _1 Central 5% % Jan 25 25% 24% Mar 5% (Un) N 6% 25 75 50 10 Company Amer 2,970 22% (Uni England Electric System North 75 30 a42% a42% Mines.—.—plO New North a26 6 Fibres Natomas Niagara 90% San 33% May 36% May Jan Feb 23% (Un)_ National Distillers Products Y 90% 28% 10 Utilities Ward Auto 24 21% 2,800 16% Co Montana-Dakota Montgomery 27% Mar 77 24% a23% __ 30 __18 (Uni Mother Lode & 23% __ ___* — 20 a33% a35% i Inc Co Mindanao M Co (Uni Mfg Co & 23% ____1 Co Robbins & a33% * Martin Co Matson a34% a34% — 1 5 1 69% 71% —10 — — Range since Jan. High —1 St Regis Paper CO Marchant Calculators 1 1 Fine Foods Inc and W Shares (Un)__25 A ciass Roos Bros July 23% Co lor week Low * Oil Corp Riverside 40 81% — (Un) Richfield May 115 Sales Range 01 Prices Par High 605 _7 Week's Last Sale Price 1 4% —10 Salt Co Libby McNeill & Libby Lockheed Jan. 4% al20 —2% Friday Range since Low al42% al45% __ * JULY 22 ENDED STOCKS Shares High 33% — -—,-50 al45% —, Motors WEEK tor Wcek of Prices Par FOR Sales Range 1,160 14 l\fay 8% July 1?' July 13 'A July Commercial and Financial Chronicle Number 544^ The Volume 182 (349) 41 CANADIAN MARKETS Friday Range of Prices Shares Par jr-rei erred Oil preferred •oVo Canadian Vicxers Cocksnutt Farm Coghlin Consol Enterprises Mining Consolidated Corbys Class Canada 105% 10 105 Jan 106 Feb Steel Co of Canada common 34% 8,523 28 % Jan 35'/4 Jun 27% 5,722 17% Mar 28 'A July io y8, 805 16 150 10 10'/4 Jan 6% July 175 26 Va Feb 30 200 16% Jan 19' 16 17% Jun 11 Jun * Leather Distillers class' Ltd Co 39% * 22 May 22 5,800 18'/4 Mar 25 11% Apr 13 $ 6 6'% Jan 7 * 28% 865 17'% Mar * 37% 196 33% Feb : 20 17'% Jan & Tar & : Kootenay Sec 13'% 8 5,374 1,805 * 32% _* 30 28 1,206 98 228 72 ; common 15'% 18'% 9,350 12 Jun 18 % July 72% 73% 1,270 66'% Apr 74 7.75 7.50 7.85 17,925 4.80 Feb 100Va 96'% 104 850 58 Jan 104 July 25'% 26 250 25 May 28 Feb 42 Wares common 52% 51% 53% 2,669 May 54% July 62% 62% 63 635 52'% Apr 41 41 41'% 520 36'% Jan 63 July 43"% July 10 47'% 46% 47'% 10 10 53 61'/4 53'% 405 61% 62'% 3,630 Paper J. Commerce __ Canadian Stock Jun 31 30 100 Apr 3.60 July 33 Jan 72 11% Jan 16'% May 6 Jun 4,175 July 7 Anglo-Canadian Pulp & Paper Anglo-Nfld Development Co Week's Corp Ltd— Belding-Corticelli Ltd preferred S4.5C Jan 7% Shares Low 1 27% 34%'; 33'% 341 1,566 27 Jan 34'% July Canadian 1131% 113.J 15 110 Mar Canadian 600 Dredge & Dock Co Ltd Ingersoll Rand Co Ltd 7 May 113ya July 9'% Jun Canadian Marconi Company 5,660 48 Mar Canadian Power 'J 9: 56,; 50 124 60 9% 528 80 July Apr 9 125 11 Jan 25 52'% Jan 43«/4 3,290 29% Jan 47'% 60 ' 60 Mar Feb 91- 53% 44% Mar 180 52'% Jan 61% 1 Butterfly 431/4 50 62 y2 4,955 8.00 ■ " 1,380 53 43% 100 53 Hosiery 53% July Jun Jun 30 Jan & Malting Jan 53 52 Jan 63% July Jun Ltd Int Nickel of 7.25 Jan 9.85 4 9,475 10% 1,800 85c a6% all 50 6 Jun 60 11 Jan 14 May 19 24,723 14% Jan 19 July all 18 & Claude Consolidated Bakeries Consolidated Ltd L) <R 26'% of Jan 27 July 25 71 May 85 Jan a6% a6% 175 6 Mar 7% 8 250 6 Jan al7 al7 35 14'% Jan class B 4 3.50 3.50 100 3.35 Jun „ Ltd alO'% alO'% Jan Dominion Square 12 July Dominion Woollens 1,466 Jan 152 12 ADr 100 4 Feb 25 100 17 Jan 20 6,015 55 Jan 13GTU35 20 1j4 Mar $106 721 80 25^#v% 913 24% May 136 common—7.50 106 _—! International Paper International Petroleum International Power International Utilities Co Ltd * — lbO. "#170 170, 85 41;.^11/4 ',^29 '/4 3,140 4iy4 Corp common—5 5 28 28% * Interprovincial Pipe Lines Jamaica Public Service Ltd com— 104 26 * a23 a23 Jan 124 805 Mar 61'% 107 14 y* (John)— Limited Labatt a23 a23% * : St Lawrence Power Mailman '5'/c Ltd Corp preferred Oil Frontenac Jan 30'% Apr 21% May 25 28 Molson class & Morgan & Co 19'%! !i . :oo pfd_„—_ 114%' Lt Minnesota Montreal Mar Jan 17% July 19 5% 6% 350 7.00 July 27 Jun Russell 26% Southern 570 545 22'% 19 y2 2,640 *21% a211/2 25 55 16 Jan Mar 17% Mar 104'% Jan July 6% 46'% July cum Jun 22 120 13'% Jun 13% 14 y2 200 13'/4 Feb 15 30 32% 2,090 44 44 420 * Noranda Mines Ltd 56%i - —— 56%' 57% 44 y4 906 29% 29'/a 375 70 70 36 a57 a57 5 1' Mar 37% 1,795 42 26 Jan 44'%. * Products Ontario Steel 29'% _ Mar 150 18 Jun 18 100 11% Jun 14* Feb 50 23 Jan 23 Jan 80'% 50 69 % Jan 84- Apr 750 19% Jan 26 Jun 23'% 87'% 86'% 87'% 9% Jun Jun 65 — a40'% 3.60 19 — —5 100 9% Feb 11% Mar 600 1.50 Feb 2.00 370 2.00 4 —— common 13% July 16 65 66% a38 a38 a40 a40'% 2.00 „* Jan Jan 2.00 11% — July 9% 9% 200 4 87 68'% Jan 10 al2 15% 11% 15% .11% — 175 al2 __ 4 48% 10 38 31% 505 3.60 2.50 400 20 310 19 Jun Jan 71; July 38 Jan July July 41 % May Jan 3.60 July 20 July Jan July % Canada— 1st preferred 6 54 24 100 Corp common 5 53 22 54 24 25 16% 152 25 16% 152 35'% 23 ' 25 Ltd Ltd Canada Paving 16% —' 4 — 6'A Power pfd—100 Materials Ltd Supertest Petroleum Ltd Jun & Finance 35'% 4 —4 35'% 23'% Mar 54 4,541 14% Apr 24 July 50 19% Jan 25 July 115 51 17% 15% Mar 75 18 140 July Feb 152 Feb July Jan 36'% July 20 Jan 23'% July 41% Jan 45 Jan 26% 50 475 Apr 32'% July Union Gas 44 United July 46'% May Jan 45 July Jan 30 <L E) Waterman 58'% July 34 690 48% 38 49% 1,550 9% 9% 1O0 13 24 710 48 50% 37'% 4 of Canada Ltd Ltd class Pen Co Ltd.. Amusement 49 50% 1,335 38 49'% A.4 9% 40 Line Pipe 48'% 4 preferred Oil Mountain — —4 Corp class A redeemable 5% Trans Corp __ * 50 49 July 53% July 27% Mar 40 JUn 40% 50 JUn Apr 9% July - 10 % May 11V4 May 13'% July 24% 13 13 24 21% Apr 7'% 237/s7'% 950 4 7'% 100 5% Jan 1 1 9 05 8.75 9.05 19,900 18c 22c 3.30 16c 18c 22c23'%c 3.25 3.40 1,500 9c Jan 32c Apr 10,800 17c Feb 44c Mar Jun Products Westeel * •' Flour Mills common——. Ogilvie Jan 7 Jun al3 al3% 4 July 100 of Industries Standard Jun 107 32%' ■ * Weaving Wire Niagara 130 913 23 5 Ltd common.: Ltd (Can) Reitmans 26% Mar It * National Steel Car Corp 2.80 May Jan May 14 y2 —5 Preferred—— 1.80 355 23 10 — Storage & Telephone Quebec Traders al3%jj 5 5 National Drug & Chemical com 2.75 Mar 9 4 -4 Paper Co Ontario & Refrig Corp 33 115 Ltd— Crush Ltd Pipe Line Oiange Power 101 261/4 — Ltd com...13.50 ——i——-—xi Corp Pembina Jun 11% July Pow Co & Canada of 555 261/4 Jun 2.30 July 130 ' 4 (Walter M)___— Milling Co Ltd— Leaf 400 26 J&n 80'% B___4 class Ltd Co Jun 90 al9 Groceteria Jun 29% Apr al9 B___:. 52 82 —4 class Jun Jan 10 12 common 82 38 18 Inc (Alfred) Jan Feb 12 A Jun Mar 33 1 class Can Jun ' 18 July 9 18 of Co 41 , 22 126 8,181 18 »/2 a91 11'% Apr 315 36 __ Jan Mar 9 18 2.50 May 23 Feb 35% 3.60 13 129'% 46% 105% 105% ♦ common.— 4%% 98 Feb %; * 4.' Co Morgan Jan 9 25% * __—— ——- Montreal Locomotive i— ." Jan 89 19,127 %;' 26 * A 21 15 Ill/a 113 22% Mar Feb 17% July 20 4 Motor 18 5 B"-__r.— 100 a'.»5 11% ■ 45, .-4—— Breweries Class , 215 800 Preferred 41% July 23'% July * A——, class (Robt) Class: B 23«/2 Jan 26 26 a20'%a20'% 2.20 Maple July 26% 50 2.15 Mexican Jun 18 4,310 100 2.15 41% 113, * — 41'/4 52 —* MacLaren Power & Paper Co Jan a95 11%,; common—*_4 —_I(J0 Preferretd Mitchell %j priority.——___—* ———— -—100 Massey-Harris-Ferguson McG'oll 39% 23'% 40 _* Bloedel class B__ _♦ Worsteds & Manufacturing Ltd. Moore MacMillan & 52 Jan 9 34% May 100 Lowney Co Ltd Jun 30'% Jan 54'% a91 a2.00 Loblaw July 42% Apr 17 2,070 60 3 7% Jan 33'/4 Mar 140 27 26 * . 78 a2.00 Mica Lower Jan a2.00 Participating JUn 170 16 * Lambert Jun 29 50 4 Journal Publishing Co of Ottawa Ltd.4 July 111% Ltd Hydro-Electric Securities Corp 7'% Mar 138 % A Corp Ford Jun July May 26 '• 175 a23 Jan 102% Mar class Fleet 73'% July 73 * 100 49% 7% Mar 2,775 6,973 al8 5 36 40 7 39% al8 __ 26 10'% Mar 2,200 25 38% 78 39'% 4 4 _4 35% Mar 80% Mar 35 3,090 83 * Corp 5,707 12 15% 79 4 Engineering Works Magnesium Ltd Dominion 23'% July 26% 52 Dominion 5.00 Jan , 207% May 68 Feb 83 4 Limitee Frere & Jan Feb 79 50 David 3.00 Apr 9'% 25'% 4 — Zellerbach 2,525 23 Canada Ltd.4 Paper Corp Crain 25 23'% 23 July 1.20 July _1 Advert 6,305 39%: 13 common 36% * Inv Ltd Paper Gen Neon a3.00 a3.00 __ 4 .Chateau-Gai Wines Ltd— Feb 60% Preferred k 63%:: 107% Canada 13'% May 2,175 85c \ 1 Ltd Co 44'% July 50y4 100 10 _4— 47 47 13'% 18% Sugar Co Dominion Canada Canada 8% 10 29 com———* Bronze preferred 6% Jan Jan 46 Jun Jun High " 13 a6'% Company 34% 1 Jan. Low 85c 100 25 Range since High 47 4 com 22% July 17% Jan Jan July 13'% preferred 1,360 Corp common—'* Acceptance preferred preferred Cement International , of 64 for Week 4 8,020 * Canada common'5 1 £1 Ltd 53'% July Sales Range * 5 , Arcan 34; * 50 * 1 common 47% July Jan Jan Exchange of Prices Par Brown A May 46% Last Friday STOCKS Jan 3.50 39 50 Sale Price • July July May 1,875, Canadian Funds 26' —50 -* * pfd— 4% Imperial Tobacco Inland July 7.85 July 10 32% 5 —* — Oil Industrial July 15% Mar Jan 18 % Dominion Oilcloth & Linoleum Co Ltd..4 6l/a Jun 155 Jan 14'% 10 25»/2 3 — Paper Co Ltd Oil 145 10 • 26 * Ltd Hudson Bay Mining Imperial 775 i— * preferred Husky July 7.40 73'% 4 34%, 100 Smith $2.00 53 Jan ^ Scotia Crown Howard Jan * ,. Canadienne >i . 23 24: 35'% Jan 25 a6; \ Jan 97 400 a6% 1 —. Lime & Alabastine— Gypsum Jun 4.35 103 15'/4 Jun 51 * * Motors Great Lakes 155 15 8y4 Feb 247% Mar 3,580 15: * common Dynamics 25 '% "25 56 * 20 1 _* common Gtneial 6% Mar 611 _* Canada of Ltd Goodyear Tire 155 47 Feb 4 Jau Canadian Corp.. Co Steel V __ 15'/4 Feb Jan * Jun ^ Bakeries General 41% 19% July 20% Jun 24 Power General General 43 2,453 * 18% July Jun Jan preferred 5'/e 17% Jan com——: Power Gatineau 37 525 18,810 100 40 10 — Players Co's Feb 2S HeatJng Products-— Foundation 15% May 28% 240 - Famous 125 51 7.20 Imperial 4,080 • -Fraser 46 51 „ 52% Royal * Corp & Nova Jan 23'% Eddy Paper Co class A pfd___ Enamel May Banks— Jun 12T8 :— Ltd Canada of Electrolux 1,806 ' * Preferred East 13,290 50 Ltd Bros Dow Brewery Pont 55 l&Vi 39'% Apr 23 % Chemical common preferred Dominion Textile common.— Du a 17% 17 y2 * Ltd- al7% * Coal Stores Dominion 4 Steel com & — Steel Dominion 18 41% Mar preferred Dominion 2,750 29% July common... 29% 37% 21% * : common Foundries Donohue 30 a7 Dairies Red 7% Mar 4,800 al2'/2 a 12% Corsets l'/e 225 I1 39% 38'% 2 Bridge Dominion Dominion Dominion Glass 19'% 52 Zellers Limited common 40% May 23'% Jun Dominion Dominion 11 * A Seagrams ,19 7.05 pfd Montreal Davis Feb Jun 810 (Geo| Weston 17 7.15 Leaseholds Western Mar 17% a 1% High 550 52% Corp.— Jan. 1 Low 19'% 4 Walker Gooderham & Worts Jun Range since High ——4 Cotton Wabasso Jun 39% 30 * B Jan May 9'/4 July 29 525 * A 15 2,030 Steel United Shares 46 4 ! Tobacco Tuckett 10% July 16% Feb Power Oils Triad 47 V4 Mar Apr 7»/4 4,374 .•* Jan 30 4,485 37% * Textile class Co Southern 35 y4" Glass Consumers Southam Jun for Week 19'/4 * Jun 25 -*• Smelting & * 31 * * J). (B Combined — Ltd Jan * _ Simpsons May 191% 19'% Sales Range Low * Apr Z5 Equipment—, 99 common 17 100 , 28% July May & Sons (H) 20 preferred—10 Ltd 19% Mar 92 Simon Week's of Prices * Par High 1,010 %: 24'% —, Petrofina 3,655 Last Sale Price „ 2,760 28 4 common Canadian Pacific Railway „; Canadian Low 1 230 —* Companies 27'% STOCKS Range since Jan. High 26'% 1 — Locomotive Canadian Canadian Low 27 common——_* Industries Friday J »•/..' for Week Sale Price Canadian JULY 22 \> Sales Week's Last STOCKS FOR WEEK ENDED RANGE . .23% Ltd Wilson Ltd . C)—: (J Jun 7'% July a * Pace-Hersey Tubes Penmans Placer Development Powell River Power Price Corp Bros .1 * rf — _. common'— * — 33 'A _ * Co Ltd — 4 * 30% Mar 36 3,931 40 Alta 57% July 61'% July 800 58 55'% 58 1,595 13 13 13 330 11'% Feb 16% 33 697 26 Jan 33 Jun ; 47% 44 Jan Mar Paper 68 * common VU'A. preferred Royalite Oil Ltd Co 4 common Preferred 97 —-100 — 480 43 Jan 73 Mines 97 95'% 25 Apr 97 Metals Corp Ltd 13% 13% 2,300 Jo% May 1,025 29% 32'% Bt Lawrence Corp Jan Series A Eherwin Sicks* 4% preferred Williams:of Breweries Voting trust _ 72 Canada 72 70% Mar 70 2,637 50% Jan 53% 53% 776 50 Jan V70 Jun 53% July * 4<) 48% 49 175 45 70 * 710 65 . Feb 49 29 29% certificates. 29% 175 27 Jan 30 30 27 Jan 29 Mining 10c 68c 33c 9%cll'%c 66c 70c 31c 35c ll%c ll%c " May Belle & Rare Gold sec page Lithium Canadian 4c Jan 17c Jan 1,000 45c Jan 90c Apr 3.45 Jun 50c July 50c July 3c Apr 19'%c Jun 1,700 3.00 May 6.10 2.95 Mar 55c 3c Mar 48c 4.00 July 4.75 May 41c 30c 48c 794,900 1 4.30 4.00 4.35 11,300 —1 1 4 Cartier-Malartic Celta St., New York City, HAnover 2-057S CHICOUTIMI Asbestos Dev Cheskiik - ST. JOHNS, P. Q. & Centremaque Chip Gold Mines Corporation Mining Co Ltd Gold Mines Ltd Ltd Mines Kayrand Explorers Ltd Ltd 1 Ltd 4 4 1 —1 — 1 1 25c 12% July 41c 11% 12% 9,000 4.20 14 13% 1.40 14 1.60 1,200 8.65 May 5.300 1.25 Jun 2.74 2.85 3.40 25c 30c 3%c 5c 9.60 11 10c ll%c 3.800 1.75 Mar 3.85 27'%c 5c 10% — — 9c 8%c 63c 1.14 63c 1.10 — 10c 8%c 63c 1.15 11,200 14.300 22c 2c Mar 55c Jan 35c 12% 1.50 Jan« Jun July Jan 19,900 1 Mines Ltd— July 2.30 May 12c 1 Explorations Ltd 69c 29c 6,250 183,300 2.50 Ltd. Apr 1,000 2.65 46c54%c —. 54c Mines July 7c 2.65 Mines Apr 26c 89,400 1 , Jan 51,150 25c 69c 4 24%c 1.16 July May 95c Ltd 88c 1 2.25 40c 85c 21c 69c 1 " Phillips Square - 1,500 3.00 „ vtc— Ltd 9c 65c 3.00 Mines Ltd— Uranium Can-Met Office: SHERBROOKE — I — Campbell Chibougamau Mines Ltd 1 Canadian Collieries (Dunsmuiri Ltd—4 45. Jan 11%C July 1 Mines Tung-Sten Chibougamau footnotes Feb 14 %c 500 69c Calumet ^1203 9c 65c 2.25 50c — 1—1 Metals Gold Hill Burnt Casslar For July 46c 50 EXCHANGE - May 72c Jan 400 EXCHANGE TROIS-R1VIERES 13c Feb 15c 18,000 Carnegie Mines Ltd - Mar 43c 17,167 EXCHANGE Telephone PL-9501 QUEBEC 7c 23,500 11c STOCK William 155,500 50c Ltd Mines Bouzan HART STOCK 230 Notre Dame St. West, Montreal 62 Apr 8'%c STOCK : 7c 50c 8'%c TORONTO Branch Jan Ltd—_1 1 Mines CANADIAN Local Branch — 2c Jan Mines Ltd Chibougamau Bouscadillac MONTREAL 4 Eeaucagc Mines Ltd Bellechasse Mining Corp Boreal SAVARD 5,000 17,500 —' Lake Gold Red Bobjo MEMBERS: July 1.90 4%c Ltd Ltd Corp Warrants Beatrice Apr 29 Mining Corp'n Metals Bathurst Apr 29 common. 1.90 1-90 4'%c 1 Ltd—— Mines Barvallee 77% May 69 53% com... Apr 1.05 July — ■ Jun 50 common. Shawinigan Water & Power common. 4.10 13% July 32% Jan 4%c 1 9.05 July Jan 3.05 1 1 1 — 3.75 6,700 1 Sulphur & Iron Avillabona Mines Ltd Apr 1 4 —4 — Ltd Atlas Base * ; Ltd Sulphur Mining Corp Arnora May 31% 13% —25 , 68 66 /« . Mines Anglo-Rouyn Mines Ltd Arno Ascot Rolland Ltd Mines Lead Anacon Jun 60 Ltd Mines Ameranium Jan 32% v Mar Stocks— Aconic Mining Co Jun 57% * — 2,450 61 y4 —* — 33% 61 * Quebec Power Jun 53% —* common.: Mining Jan 58 M $ Canada—— of & 73 Jan 57%, Company Provincial Transport 66'% May 44 14 Jan 58c Jan 6%c July Apr Jun Apr Apr 3,025 6.00 Jan 11 July 15,500 7%c Jan 21c Mar 7c Jan 18c 8%c July 15c Apr 600 53c Apr 67c Mar 19,100 80c Mar 3,000 2,000 Apr 1.15 July I ! Financial Chronicle The Commercial and 42 ... (350) Monday, July 25, 1955 .-I CANADIAN MARKETS ' FOR RANGE Friday (Cont.> Canadian Stock Exchangt u Last V , Range of Prices Sale Price STOCKS Week's WEEK ? ENDED JULY 22 Sales Shares ' ; Toronto Stock tor Keek Range slnee Jan. Low - Par • High Low Canadian High' " 12c 13c 6,000 12c Mar 23c 48c 48c 48c 500 45c Feb 81c May 13c 11c 13c 12,000 4%c Jan Mines Ltd__.— -1 11% 10 % 13 9.600 2.10 Jun —7 1.97 1.97 1.99 2,300 1.97 4.50 4.50 500 2.25 4%c 4%C 6c 6.500 2%c 1 Ltd—_—_' Mines Consolidated Denison Consolidated Finemore Consolidated Sudbury _——— * Ltd —1 , Cortez Explorations Ltd Coulee Lead & Zinc Mines Cournor Mining Mines Dome Dominion Duvan East Ltd Co 19c 1.000 15 •22c 15 % 600 22c 10,100 —-_1 Ltd Mines 59C 53c 61c 110,900 1 Copper Co. Ltd 6.40 6.20 6.40 5,100 : Ltd——1 1.30 1.30 1.30 100 Smelting Refining Co Ltd-——1 2.80 2.65 2.80 40% C 40c 45c Easttrn East Fab Metals Corp Metal Ltd__ Mines Fontana Mines Frobisher Limited 600 3,700 1 5c 5c 5c 4.75 4.95 4,100 God's Lake Ltd Grandines Gui-Por Mines Ltd Mines Uranium Gunner Gold 100 2,000 22 Ltd--* 61c 7.25 1.50 May 3.30 Jun 3.50 Jan 6.60 Jun Jun 30 Jan 2c Apr 53c Jun 9%c May 3.85 Mar 5.15 July 7.70 July Jan 70c Jan 82c July May 25c Jan May 9.20 July 78c Jan 16c 1,000 15c 6,500 21c 9.25 OUd 9.20 July Jan Jan 1.85 25c 27 >/4c 16c 16c * ________ Ltd——___1 Mines 77c 77c — Metals Mines 6.60' Apr Feb 72c 2,500 4.85 6.60 July 5.00 Mar 36c Feb 2.90 Mines Ltd—_* Feb 48c July 18 July 15c Apr 19 Vic Feb 28% Yellowknife Gold Gold 15 Apr 3.45 Jan 24 %c 2.70 Giant Jan 2,100 28 V2 ■ July 7c 15,700 2.70 Ltd.-——_* 1 Mines Mines Ltd.. < 1945» Ltd Uranium 4.50 2.10 ——" Falconbridge Nickel Faraday 1 ;____ July Jan 9c Sale Price Jun Jun 19 Vi Jun Ciass A L»o Uranium 221« 22% .l 1.65 1.65 300 ___~1 43c 50c 19,700 22 _—_._5 —_ Miiies % 2,330 15% Mar 1.61 25 Jun 2.85 Mar May 38c Jan 7uc jun Lake Ltd Mines Jaculet Mines Ltd Jtirdun Mines Ltd Keyboycon Kontiki 4c 4%C 1 2'(C ^tc 65,600 26 %c 29 l/aC 21,300 14c 5,000 —_—..— — trust—1 voting Ltd— Mines Zinc 14c * Ltd—_____ Mines Lead 1 - 30c 36 % c _l 34,500 137,500 2%c Jan 7c 7c Jan 35c Jan 9Vic Jan July 37c 22 Vic Mar 13c Apr May 21 Vic Mar 43c July Akaitcho Mines _1 Uranium Louvicourt 7%c 4,000 __* _l 15c 18c 168,300 3.10 3.20 1,500 ,_1 Lingside Copper Mining Co Ltd Lorado 6c 33c 44c 21,900 Ltd— Ltd Mines — Ltd Goldlields Alberta Distillers Voting Mines ___1 Mines Island Mining Meta Uranium Mines Merrill Mining Corp Molybdenite Corp 5,500 82 490 Ltd—_ Canada Ltd. 181,050 46c Jan 1.12 35,000 55c Mar 23% Jun 1.50 July 1.40 July 25 Vi July 150 85c 11,700 41c Jan 1.05 1.65 3,100 80c Jan 2.70 May 7%c 8c 3,000 3c Feb 9c Apr 2.25 7%c .1 23% 80c 1.60 85c _1 Monpas Mines Ltd___ 1.50 Jun 90 May 2.25 500 87c Hay 2.75 Jun 16% Jan Mines.-,—_______1 New FOrmaque Mines Ltd New Highbridge New Lafayette New Pacific Coal New Santiago New Vinray Nocana Mining Feb Mines Mines Normetal 1 16c 1 Ltd. 9c 11c Mar 51c Jun 52c July 65c July 2.05 16,500 79c Feb 80,509 3 Vic Jan 10 Vic 3c Feb 24c July July 9c July 15c — 17c 27,500 9c 11c 7,300 5.50 5.50 400 28c 20c 29c 31,100 6.00 6.85 2.6O0 22c 24%c 5,000 16c 92c 52,200 70c May 19 %c 20 %c 5,500 17c Jan Jan 3.50 Jun 2.50 May Jan 9 Ltd.. (1945) 1 - Opemiska Copper Mines (Quebec) Ltd Orchan Uranium Ltd. Mines 24c Consol Parbec Pardee Uranium Cons Pitt Gold 1 Mines Ltd.. 82c 1 Mines 20 '/a c 79c 15c 5.50 July Jan 2.35 41c Jan 2.25 Mining Co Prime Uranium Ltd 15 c 1 warrants— 1.45 Apr 6.75 July 24%c July 2nd 6.40 795 15c 338.500 2c Jan 8c 3.500 3c Apr 8.40 400 58c Quebec Copper Corp Ltd.— 72c 136.000 1 Metallurgical 3.50 3.90 15% 15% 15% « —. 3.90 l Quebec Lithium Corp Quebec 68c 4.50 4.35 4.50 500 1 30c 17c 31c 448,050 11c 24,700 26% 1,250 Quebec Smelting Refining Ltd.— Quebec Yellowknife Gold Mines Ltd 1 Quemont * Mining Corp Radiore Uranium Rayrock Red Mines Crest Ltd. Mines Ltd. Royran Gold Fields Ltd—: i Siscoe Gold Steep Gold Rock Sullivan Tache Gold Cons Mines Arcan 8.30 Corp Argus $2.40 Jan 11 % Mar 3.75 Apr 9c Apr 15c ' July Jun 8.40 July Jan Aro Equipment Class Atlas Aubelle Auto Avlllabona Yukeno Mines 18 Apr July Apr lie 10c ll%c 13,500 3%c Jan 15c Apr 45c 54c 22.500 16c Jan 68c May 14% 12 14% 16,270 Jan 14% July 6.60 6.60 300 lie 11 %c 5,500 Barymin Mines Ltd___ 7% 5.15 Jan 59c 85c 59,600 39% 400 l 3.80 1,700 1.65 1.70 37,350 7c Jan 8.10 Mar lBc Mar Jun 18c Co Ltd Calalta Petroleums Calgary & 21c Apr Jan 59c Feb 8.00 July 69c Apr 21% Jail 1.80 Mar 69c Jan" 2.15 Apr 39Vs July 4.00 1.80 July Apr Petroleums Canada Southern Canadian Canso Oil & Natural Central Leduc Empire Oil Federated Gaspe & Gas Ltd Gas Oils Minerals Inc Class Development Ltd 3%c Jan 9%c 80c 95c 4,475 buc Juiy 1.25 63c 57c G3c 9,600 45c Jan 80c 24% 24% 24% 59 % 58 page 2.10 5,937 20% Feb 26 698 52% Apr 60 Jun 10c May 19c Jan 36% 18,722 32 July 36% July 70c 201,450 73c July 15 250 12% May 15 July 15 15% 300 13% Mar 15 % July 17% 7,048* 20 1 41c Feb 13% Mar 15c 15c 15c 500 11c 28c 32c 44,200 6%c Jan 13,000 20 Jun 28c 7%c Jan 10c 3lc 2.16 9c 11 %c July 19 %c May 46c July 16c 15c Apr 38c Jan 12,800 11c July Jun 2.16 11c 2.20 1,750 18%c 2.00 Mar 1,525 ,8% Mar 10 Jan 11c 11 %c 24,900 9%c Jun 15c Jan 12c 19c Jan Jun 12%c 13c 4,000 11 10% 11% 2,973 6.75 Jan 12% 2.00 1.98 2.06 5,800 1.93 July 2.73 __ May 29 %c Mar Apr 35c 6,700 8c 8%c 3,000 6%c Jan 52% 51% 53 2,565 41% May 54 % July —4l0 63 63 63 655 52% 63July 12 13 3,702 —* — May Apr 7% Mar 1.05 16 Jun 1.0.6 1.06 1.12 18.400 1 1.55 1.55 1.65 4.550 32c 35c 1,220 2.54 2.68 18,125 Feb 3.05 60c 69c 38.600 30c Jan 97c 79.700 —_—— * * * 2.60 65c 57c 55c 63c 2.10 1.30 Mar 30c Jan 2.33 50c 39c Jan 93c 17 %c 8.900 14c Apr 20c 2.45 39,950 70c Jan 45c 45c 50c 6,675 20c July 80c 90c 4,600 20c July 63 64 505 16c 2.45 15 Vac July 10c Jan 17c Jan 2%c Jan 20c July 14 %c July 14 Vic July Jun 1 10% 10 Vi 10% 275 7.15 Jan 1.64 1.40 1.64 10,415 25c 25c 8.431 25c July 25c 72c 62c 72c 12,500 60c Apr 80c 2.95 * A—__—;; Mines Bevcon Yukon Bicroft 47% 48 260 1 * 1.30 95c 1.32 540,640 7% 7% 7% 550 1 " 1 3.10 2.95 3.20 6,600 80c 80c 89c 35.300 58c 58c 61c 14,050 25 1 525 6.55 6.30 6.55 1,100 2.05 2.05 3,803 68c 68c 1,000 1.12 1.12 2,30) 2.00 2.00 500 40c 45c 76,900 6.05 6 10 600 18c 20c 2,600 1.22 May 14'/e May 5.25 May 2.05 July 68c July 50 % 2.15 50% July 7 May 1.32 July 8% 2.95 July 45c 35c 50%. 8,979 2.10 2.15 1,500 85c 85c 500 70c 6.20 Jan 45 % 95c 50% July 2.00 May ' 2.26 1.00 Jan 24c 62,200 20c July 68c 68c 70 %c 16,890 68c July __1 12c 1%C 4 %c 173,548 12c 13 %c 38,000 1 3.50 —: 1 * 9%c 9c 10c 34,000 2.35 2.25 2.80 80,150 3.25 3.90 186,917 Black Ltd Uran Bay Blue Ribbon Rock preferred— —50 52c 1.05 Jun Apr Apr May Jun l%c July 17c Jun 10c 15c Apr 4.20 Jun Jan 1.80 May 6c 12c July „Jan Bonville 25 1.80 Mar 35 3.80 Jan Jun Gold 37 37 2.50 2.50 2.50 47,200 66c 57c 70c 465.552 24c Mar 70c July 1 ...— — 1 1 Mines Cerium Bobjo Mines 15 %c 15c 16c 28,240 13c May 24c Jan 6c Jan 19c 5%c Mar 17c Apr Apr 40% July 2.20 May 2.90 Jun 1 13c 13c 15c 10,500 Boymar 1 10c 10c IOV2C 6,900 * 2.65 2.60 2.72 1 1.05 1.05 1.10 1,000 * 7% 7% 7% 9,834 7% Jun 9% Mar 47% 21% 47% 21% 125 47 % Apr 49% Mar 100 19% May 21% July Bralorne Mines Bralsaman Brazilian Petroleum Traction Tank pfd (T Gl fd 50 23 & Bright British Ltd British Columbia 4%V<. Electric 4% preferred 3.50 Apr Apr 1.36 Jan 1.90 1.74 1.95 71,235 2.75 2.70 2.85 7,800 2.SO Jun 31% 30% 31% 4,632 25 Vb Apr 95 95% 145 92% Jan pfd—100 — 100 50 ; Forest 98c Jun * preferred ' Columbia 2.10 1 Oil American __ 3,079 1 Products 105% 54 9 14 2.50 Apr 3.85 Jan 345 103 Apr 31% July 96 % May 106 % July 227 105% 106% 53 54 13% 1.30 May 52 Jan 54% Mar Jan 14% July 8,370 14% 8% Jun July 6.45 Gairdner % Jan 2.05 July July 68c Apr 51c 60 Wall Street, New Gompany Inc. York 5, N.Y.—WHitehall 4-7380 I Feb Canadian Affiliate: Gairdner & Jan July 1.58 1.65 2,200 1.25 31,500 12 12 Vi 1.200 1.00 1.00 4 900 1.00 May 11c 13 %c 16,000 7Vic Jun 1.45 Apr Feb 20 c 29» Jan 1.00 Juiy Jan - 20c Mines Kirkland Apr Jan Jan —1 Mines—— Uranium Jun 58 38 25c July 1.20 500 2.20 1.12 15c Jan 1.00 July Jun 2.05 1.25 3.65 12 Apr 3!75 Apr Apr 64 Jun 1.55 l.oti 3.65 6.25 1.12 July 27c Jan Apr Mar Jan 58% * Ltd— (expire Rights Bibis 63% " — Jun 17 Jan 1.00 July Jan 18% 16% Apr 1.75 July 2.15 * 1 Mines 4,000 16% Feb 49c 12 %c 30c 8%c * 163,000 » Apr 2.25 Mar 9 % 9 — — 18c 1,003 38,716 12c 1 ________ 12c %c 32c 1 Quebec 10c 14 %c 14 25c 11 %c 1 1 River 16 %c 20c Apr 15 9% Petroleum 43c Jan Jan 15% —1 — Telephone Mines /' Apr 20 * Corp Mining Britalta 68c Mar 11.250 —1 —1 Beaucage Mines Ltd—— Lodge Brilund 15 4.65 __l July 59% —1 —— Beaver 13Vic Mar Feb 1.08 Apr 10% Mar 3.65 July 6.30 33c Feb Jan 1.97 Jun 1.55 1.65 20c 4.85 The Investment Dealers' Association of Canada Toronto Stock Exchange Montreal Stock Exchange , Feb 12% July Company Limited Members: July CANADIAN Canadian Stock Exchange SECURITIES Winnipeg Stock Exchange Vancouver Stock Exchange American Stock Exchange Jan July Feb » 45. 13% Mar Jan Mar 12c 13%c 65c 10 : 46 Vic May 75c 75c 1 609 65c July 75c Jan i Ltd s^e 12.500 — Jan 7,120 l Westburr.e Oil Co Limited. footnotes 9 B Jan 13%C For 8 Beattie-Duquesne Jan V2c I_II1 Ltd__ Petroleums 9 68c class Power 4 6.00 l Ltd Petroleums * * warrants 12 l Wilrich "B" Bathurst 24c. 1.00 Sapphire 26 — 100 i Oils Jan 13 90c warrants 18,500 Phillips Quebec "A" 20,500 i Co 21% Ltd——1—— 9c Pacific Petroleums Ltd Oil 25 — 15 __i Oils 2,000 Mines 32c » Corp Bristol Feb Jun 56 % May Jan 38c reb Mar 6.20 4.70 Mar 53 102,583 Mining Petroleums Bridge 5.90 1 Ltd. 16c 19% 24 —______ 8c » Ltd Jan _10 28c l Ltd Ventures Jasper Oil ,____ 5c 13% Jun 2.10 Scotia 28c 1 Ltd Petroleums Oil Ltd 3.(0 13% — 8%C ,_l Ltd Oils Jan 24 Ltd—; 15 25c Ltd 140 3,00 Bordulac July 5.90 25c Corp 26,002 55% Jan 9.00 Mar 1.70 Ltd Co Blue 4.80 28c l Ltd Edmonton Calvan » "A" 6.00 55 reo 1.35 July 6.75 May 13% —— Uranium Baska 5% Bailey Selburn Oils & Gas Bonnyville Oil & Refining Rights 5.85 55 Jun 2.00 Jun 93c 180 24 ________—; 15 — 5.95 * Oil & Gas class A Bathurst Mining British Oil 1,075 Jun Apr Jan Stocks— Anglo-Canadian 12,000 1.05 Apr 70c July 14 A—___—10 class : Metals Base Bidgood __' 5uc 4.50 July 31c 49c 17c 25,665 109% 22c 1 Beta Gamma l 62c 9%c — Warrants July Ltd.l 52c 32% Traction 62c 13,700 3.55 Copper Feb May 9c common——. Nova Jan 62c 39 Ltd Jun 26 106 13% * Montreal of of 40c 50c 7,100 Mines 27 815 Jan 32 % Consolidated Berens 1,100 Tungsten Jun July A_______ _50 Mines Bell 42c Westville 83 111 14c 1.05 Jun Jan Jan 1,000 9c 1.06 > 14 Apr Feb 69% 17c 2.50 —1 Bankfield July 4,900 ■ 8% 2.50 Mar 49 465 108% 109% 12c Bankeno 63c 1 26% 26% 97 Feb Jan 2.65 Mar Jan _50c 10% July 749,496 8.00 Ltd— __ 1 Selburn Jan 69c 9.70 40c Products 1,165 13,567 38c Jan 1.50 Jun 1.80 May ___9 Mines Bagamac Jun 39 c 9.15 7.75 Mineral 75 11,511 Banff Oils 6c Pyrite & Copper Corp Ltd__ —1 11 74. 1.60 17c 1 1 Mines 4.75 62c 9.70 42c Wendell 1,960 10% 104% 107% 3.35 — Belcher 8.00 Western 75 106% 3.25 . ____ Electric July « July —* Gold Aunor 20c 1 Ltd 104 3.25 Riv;er Feb l Mines Mar 200 Mines Aumacho 2%c 10c Amulet 460 29,016 Aumaque 33,300 14c 1.68 Jun 101 % 101 % 4o,484 — 20c Mining Corp 25 1.24 — Yellowknife Jun Ltd Jan 1.16 Steels Atlin-Ruffner Apr 10c Mines 12% 8.10 — 3.55 74c 9,952 i—20c B 5.40 Ltd 22% 1.15 —_. Hardware Ashdown Feb 1.07 5,000 Mines 20% 22 7.60 — Metals Corp Ascot Jan Ltd 50c ______————1 62c 21,500 Lithium Jan 6,670 1.23 __ Arjon Gold 1,000 18c Weedon 5.05 May 18c 17c Walte Apr 26% July 18c Virginia 80c Jan i Ltd 28c Oil Mines Jan 12c Ltd 4.000 8.10 Mines 3c 10 %c Mines 150 35c —-" pfd———50 Paper 2nd pfd class Barvue 20% 12c ViolaMac New 40 J * Asbestos Corp 1.75 34c Ltd—_* common conv Barnat '11c ' Feb 1.10 Ltd Ventures Oil 11,300 11 %c United Montauben 2.35 1.75 26% Mines Jun 7.05 July 20c i United & Mines 2.90 July 2.99 5.57 Feb Mines Ltd Treboi 2.30 ——1 ! 10,106 -- 2.35 ——1 Corp 2.85 1 Jun 80c 1 Rouyn Barcelona 1 Ltd 20c —--—50c .— 5 — Cdn Pulp Anglo-Huronian Bank 1 Ltd, 11,100 109 % Exploration Oil Anglo Jun 1 - Mines- Mines Mines Valor Ltd Ltd. 25c 25 Petroleums 3.25 60c 25c ——--100 —1 —„—___—— Anglo-American Anglo-Canadian 2.75 1 Mines Mines Iron Lake Tazin Ltd Mines 1.00 pfd 1st Petroleums Anchor 2.55 * 63 %c Mar * — Lead Mar '. Ltd 1.01 Jun 78c 1.75 _____ class A 2.85 _l ' ' ■ Mar 50c 1 Nepheline Belleterre Soma-Duvernav Standard 10c 25% 18c 58c 2,900 50.630 * Canada Leduc Oil Amurcx 2.60 *' 4,895 56c 1.00 * Mines American 8% July 54c ; of Feb 85c * common— Larder 7% Jun 109 % July 56c * — Co __i Mines May 11 „1 Mines Sherritt-Gordon 20c Beatty Bros Ltd Gold 11c 26% Jun , 25 77c preferred American Bata 1 14c 18%c Mai- 8 100 Amalgamated 1.32 Jun 8.30 Quebec Chibougamau Gold Fields Ltd Jun 5,250 — 103 1 Ltd Aluminum 42c May 1.65 7%c 1 — Mines 2.000 10.350 9 %c 1 2.40 2.75 6.40 __1 2.25 2.25 1 Ltd— Dredging Ltd Gold Porcupine Pronto Mines Ltd— Amalgamated Pater Pato Uranium Mines 18c Warrants Aluminium Bank Panel Jan Cons— Algoma Steel Bailey Obalski llc 10 May 16c 5Vic 6.85 __ — Ltd.— Corp Jun 21c 6,650 9c 10 %c 10 %c 5,000 12.000 60c i.90 2.05 50c . 9c 34c 55c ___1 Ltd.— Ltd Ltd Mining 8c 32c Co— Oils & Mines 9c 1 Co Ltd Asbestos 9,895 Debentures Atlas Creek Nama 105 15c 13c •26 Apr 1.05 Jan 67 1.28 . V „ __1 — 43c 105 13 Vic 1,655- High * Apex Consolidated 1.00 5 1 _. oi 69c 82 - Ltd— Canada of Mogador Mines Ltd Ltd 64c 1 Ltd__ Mclntyre-Porcupine 24% Algom Uranium Mines Ltd Area Mackeno Jan certlficates_ trust Pacific Alberta Apr 5.15 Mar 23% -— 24 %c 63c 755 Petroleums 5%c Jan Jan July 24% Warrants Apr July Jun 16 24 % — 12 %c 3.10 27 Jan Knife Feb 16c 36% July Jan 8% 0 Anthes-Imperial 5%c Jan 25% 25,931 common Yellow Albermont Angle Lavalie 22.523 16 1 Anacon Jack 36% 26 % —_____100 Ajax Petroleums 1 13% Oil & Jan. Low —24 V4 — — Agnew-Surpass Range since 33% 26 * _ Acadia-Uranium Acme Gas - 36Vi 26 14% 25 1 common — Preferred Shares lliflli common—____* Paper preferred Amanda Hollinger Cons Gold Mines Ltd Inspiration Mining & Dev Co &c Power 4ViV Acadia-Atlantic for Week Low Par Abitibi Sales Range of Prices Last stocks Mar 2.44 Feb 40c 6,000 20c * Ltd——_1 Mines 1.50 18c -1 ______ Ltd Asbestos Sullivan 1.40 1.40 1 18c 15 Vi «■ Funds Week's Friday Jan Development Corp———___1 Consol Central Cadillac Mines Ltd—-1 Citra-Lartic Conio Exchange I ■ 58c 60c 4,000 47c Jan 80c May (Associate) Wire system to all offices Volume 182 Number 5449 - The Commercial and Financial Chronicle ... (351)x 43 CANADIAN MARKETS RANGE FOR WEEK ENDED JULY 22 ■ i ,v: Friday i* STOCKS' • > Par British .Columbia . Class Packers class A— *i 16% Power Brunsman Brunston 16%;. 37% 49 "A. 49%. r.40 1.36 1.40 : Mining——____ Bulfaxiis^.eoW._-lz-__:__"___;—1; 2Cc J ' 79c •.. Buffalo., Canadian .. Bufialo Bed. Lake -—_-_l— Z* \ j ' * " • Bunker.;.Hill4l_¥___^___—_,.20%c ; Steel :+v-i 28%. HcH%c 20c 28Mi 13Ml •••.13% > ..18c Feb 990 . . ~ Consolidated -Negus Mines—; . Apr; CalHnan - Flin Calnorth Flon— 17.- v •'* 37c -l —1, Oils'-14.-4--^—; ;:'7_ Calvan"'Coiiedlldated- ________r.___;_:__l, ".Campbell .Chiboygamau1, Campbell Red.iL&k:e;!_7 , Ckn-rMet Exploration ;: Feb. v 42 v2 1 1 ltc r. u-l^' 1 Consolidated Ranwick ;• - >16c. May 25c . > July : Ap* 8toneu_^ Canada< Foils class 'A_.;_-. Canada 5 Foundries ; . * 40 40% 90 2,539 . __ V 31% 31% ...90 .: 12 ¥2 13 610 17: 125 class A^ Canada Iron foundry Canada Life-Assurance-. V.-.17 - Z-7... u___; .17 26 10 26 28 -10 ; * _u_4 • 59..:... 26% 27%. >1.80 29'A- 1.79 • 30 1,435 1.80 . 87c ; . ■- Mar Jan,;/. Canada Machinery i__z Canada. Malting ;_i_z___: Oil Lands * : ; ; Canada 10Mt : . 13% July. 9% July 7% ■ Jan ... l__ 79 ; 2.95 . 79 . 2.95 3.10' 1.50 1.50 40'/2 40% 36% 37 88 2.05 . : —;___ : Canada: Packers tclass A Class . _____" B 37 Canada Permanent Mortgage-. _20 Canada Southern Petroleum 93'A 1 14M2c Feb 13 %c -4.90 Apr -4.15 , Jan Apr - > 29c Lines SS * common Jan * Canadian-Admiral Oil Canadian Minerals-_i_l__i__l "Astoria • .: Canadian-Atlantic Oil Canadian . 52 Jan. _ , Canadian ! 37 M2 May 30 -:,: 9 25 Apr >: .14; Feb • •, f" 7 v 22% Jen 29% / 127 Apr 8 Mar- 66 Canadian Canncrs Canadian Car Jan 81 . Mines Jan 40% Jun . Apr 37 Mines 83% Jan 95 Apr ; Class - -toe Apr 60c Jan 46c July 56c July ♦ Celanese 29% ... —l~l ■36M2 2,619 39 Jun 19 M4 May 29 Jun 29 Jun 22% 792 20 Apr 25 Jan 36 36M4 175 33 Apr 37% Jan 12M2 13M8 12M4 14M2 65c 70c Canadian Decalta Warrants Canadian 1—_ ______i Devonian Canadian Petroleum Dredge— Canadian Prefeired ' * ; 8% Jan 14% July Mar 89c Feb 17c Apr 36c Jun 30c 6,500 27,550 1.76 Apr 25 26% 3^250 15% 3.25 200 1.75 2.15 Jan 3.25 __ 14% July 8.50 May 60c 2.00 Jan 100 55% 55»/2 55V2 10c ___ Canadian Homestead Oils Jan 3,333 29c 26 41 4,695 25,937 - 1.90 2.00 _* ______ Products Food ■ _» common... ,)an Jan 21 14 - 29 % Jun 1.75 490 12% .-___3 30 32% July Jun 1,155 - 22% (Dunsmuir) Jan 28% May 65c Feb 29 28% 36Me Canadian-Collieries 25 7.30 47% July 29 28 ' * ^ Apr 930 2.40 2.10 2.54 10 24,450 • Canadian Hydro Carbons ___* Locomotive 35 Feb 27 July 4.10 Mar Jen 1.90 Oils Cos 28 29 M4 1.270 20 43c 43c 46c 2,800 36c * common... preferred 24 'U 100 preferred"— 100 Warrants Canadian Pacific __.l Railway— 65 Jun May 3.00 Feb & qlas? ; • Al___ Rio Canso Oil Detta Minerals Dome Dome ^ Dominion "Preferred 3.50 July July 106 106 10 35 M4 35 M2 535 29% 200 11 Cheskirk 1.85 Jan 2.70 July 5.20 Jan 70c 4,606 44,129 5.95 Jan 4.60 100 2.70 Jan 5.15 5.30 5,400 4.50 Jan 7.50 Mar Jan 2.50 Jun Jan 1.10 July __ 68c 2.00 2.00 2.12 17,900 1.35 1 1.10 92c 1.10 19,775 70c 19c 9,500 1 17c ,-__l 17c 4.90 July 14c Jun 24c 3,200 7c Jan 18c Apr 4,500 25c Jan 60c Jan 1.85 1.81 1.95 14,800 5.25 5.00 5.25 I65 5 Feb 17M2 17Ma 18 135 15 Apr 4.85, 4.85 2.05 Mar 1.57 May 6% May 20 July 4.95 24,825 1 qi/2c 8M2c 9c 36,000 Feb 16c Apr .1 4ic 41c 42c 11 000 28 %c Jan 46c Apr __1 60c 50c 65c 53*,600 35c Jun 70c Feb 1 1.14 1.07 1.14 1 1.93 1.75 2.04 * Mines 3.00 — Chrysler Corp 2.00 - 48,200 79^00 3.00 6,478 25 88 87 88 85 1 i0c 9M2c 13c 701,375 Citra-Lartlc Consolidated Mining Corp—__1 Farm 85c 5c 80c 1.36 1.70 65 Jun 1.15 Jan Jun July 2.56 Mar Jun 3.00 88 Jan 8%c May 23%c July July Jan Equip 90c 6,604 82c Jun 1.18 Jan 79c 75c 80c 13,850 72c Feb 87 %c Jan * common 15M2 15M2 15M2 20 15 Jan 18% May 10% 8% 10% 7,150 Feb 10% July * , Mines ________ Lake 1 1 Coldstream 85c 5.40 3.35 Mar 1 Willans Coclmne-Dunlop ' 7'A 1.30 1.25 1.30 1,500 1.19 Feb __ HM2c 14c 16,950 7 "Ac Feb Copper 1 4im2c 37c 44c 56,600 10c 1 gc 8c lie 34 000 4"/eC 1.37 21c Jan Yellowknife Combined Feb Enterprises Ltd Commonwealth ov2 Coniagas Mines Coniaurium Conro 5 Mines 9M2 9M2 4.60 Petroleum 60c Jun Apr Apr 4.10 4.60 4.10 3.6O 4.20 50 2,400 60,662 68c 7,400 42c Mar 70c Jun 52c 76 815 42c Acr 78c ]4c 16c 18,700 14c July 25c Jan • ]0a4 10% 10% 1 32c 31c 35c Central 1 13c 10c 13c 6 000 Consolidated Cordasun 25c 25c 500 Cadillac Consolidated Denison II Mines Iron GilJies i]3/4 990 131/4 252 899 4.10 3*90 4.25 20 800 „__l Mines______l Jan 135 135 135 18 33c 30c 39c 142,561 18c May 34c 74,100 lie 54 29 %c "'• 11 11 " 11 3.05 •1.05 12,281 38c 38c 1.05 1.05 600 17 VaC 20 %c , 24,933 3,000 84c 84c 84c 500 1.65 1.60 1.67 32c 31c -38c 1.56 1.85 39% 7,160 2.50 5.50 5.45 5.50 _____» 15"/e Jan 4 002 35c 5,071 40r Jun 38c May Apr 11% 43c 1.83 July / Mar 2.65 Jan i 15'A 1.10 May 38c July 90c May 1.10 Jan Jan 1.25 Mar 1.80 Feb 15c July 1.18 33c Jan Jun 50c May 29 28% 29% 5.10 3,796 105 105 20% 19% 21 Jun 2.15 Jun Apr 1.24 30 % 20,010 [ 40% May 5.95 Jun 15 July 18% Mar July Feb 15c 26'A 40 12% 13% 7 50 18% 8% Dominion Dominion Donalda Dow & Tar Chemical Textile Mines Brewery Duvex Oils & com—___* 8 1 50c * 34c z Apr East Malartic 52c Mar 26 "A July 15% Apr 18 % July 28 "A Feb 40 Jan 13% 19 % Mar 50 9"% 4,795 7 Mar 32c Mar 2,129 167,500 Jan 30 17 "Ac Feb Jan 10c - 25 1 2.21 2.16 2.30 6.25 6.10 6.40 1.25 1.15 1.32 Eastern * 5 5 5% 72% 58'A 80c 80c Machine Mines A 20 : 60c 1 z Ltd 1 common 1 37 61C 4,666 10c 43c 18,800 6.00 Jan 29% Mar Jan 33 58c July 45c Mar July Jan 79c 1.10 Jun 6%c Jan 12'Ac July 8c Jan 14%c 18c Mar Apr 54c July 489 32 Feb 45 July 6% 100 6 Mar 7 1.15 1.24 34,430 1.01 Jun 30c 30c 1,000 26 %c Apr 50c Jan 30'A 43c 45 Jun Jan Jan Jun 28 29 5,541 23 23% 3,080 23 July 29 Mar 26 26 % 1,060 25 Feb 29 May 3.05 218,215 Mines 2.60 __i Jan Jan Jan 43 Jun 30% 325 29 Jan 31 Feb 14 %c 16%c 16c 10,300 10c Jan 5.75 6.15 6,550 3.60 Jan 1.75 Jan 2.15 2.15 2.20 1,700 137 133 1,686 100 Jan ____* 26 26 26 100 18 Jan " 6% 6% 7 1,500 34 class 34 34% 435 * 4.85 4.75 4.95 28.150 1 45c 45c 88c _____* A Co Francoeur Gold 1 Cos common July 26 131% Manufacturing 2.91 450 30% 30% 1.72 3.75 July 29,740 5.85 Petroleums 1.80 2.91 38% * 1 21% 38% 2.55 25c Kirkland Ltd 1.54 * —20 Foundation 73 "A _z___l Preferied Motor July 16% July 37 July 6% Federal Grain class A____________4 F'robisher Apr __i Faraday Uranium F'argo Oils Ltd__ Fraser Apr 1.52 May 25c Corp Famous Players Fanny Farmer Fleet Jan 7.25 44% A____ Falconbridge Nickel Ford •" 15,700 49c 2.95 Jan 5.00 69c * Insurance class Warrants Federated 3,400 15,900 ' Life Flooring Federal 233 Mar 25 Glacier Equitable 125 15,785 85c 8 "Ac 8%c 3 16 73 "A. 19,127 11c 11 %c 11 %c Gold Emerald 37 ___10 class Mines 16 3 Invest Paper Apr 18c 8 "A 250 Washing Jan 3.75 94,200 Economic ' July 2.20 Jan 2.10 July 10,081 1 Mar 5c 8,500 —1 Easy July 24c 1.02 9%C Steel Jun 8% July 15,450 180 Gaitwin Gas 5%c July Feb 25 3.90 Mar 22 %c Apr 6.30 July 2.85 May 133 July 27% Jun 13c Apr 34% July 5.20 July Geco Mines General General Geneva Giant class 17% 17% 750 56 54% 56 210 49 Mar 128 125 128 23 89 Mar 5.50 5.50 " A. 1,000 ____* 10 10 15c 17c 7,500 6.70 6.70 5,420 Lake Gold Mines 6.55 Jan 8 % Jun 11 Jan Feb 20c Jan 24M2c 28c 3 600 24 %c Jun 34c Feb " 44c 54r ^'097 23c Jan 4.85 4.75 '5.00 5!720 2.80 Jan 3.15 3.00 3.20 17.786 2.00 Jan 11 1.00 , 3.50 Jun Jan He Mar 62c JUn 8,200 10c Feb 19c Mav Jan 3.00 July 28c 22c 37c 15c 15c 15 %c 1.66 1 2.51 2.50 2 60 Goldiields Uranium 1 85c 85c 95c 26,700 Goldhawk Porcupine 3 30c 30c 37c 741,150 1 8c 6%C 8c 25,800 : * 150 145 150 35 : 50 53% 53% 53% 50 7% 7% 100 43c 32.100 May 54C 14 %c 18%c 51,800 13c May 28c Jan 2,000 40c July 45c Mar Goldora Mines Goodyear Tire common., "Preferred Gordon Mackay class ABousquet Grandines Grandoro 0 ___1 38c 40 c ■» 18c i__. Mines Mines _a 43c 43c 43c NOW AVAILABLE . . 16,600 Jan 18c Feb 79c May 5 "Ac Feb lie Apr Mar 175 52% Feb 6% Jun 30c fortnightly review of the Canadian Securities Markets FREE COPY UPON REQUEST MUrray Hill 2-4545 NEWLING & CO., LTD. Members 65 of the Toronto Stock Exchange West 44th Street, New York 36, N. Y. Direct Private Wires to Canada Feb 54 130 The NEWLING CANADIAN LETTER A 1.33 M-r 45c . Feb 5.35 July 7.85 83,450 1 1 Manitou July July Gold Eagle Mines 6 50 July Goldcrest Golden 5.25 10c 94c 67,965 82,230 — July 6.45 Jan 52c 85c 52c Gold Mines Jun 79% Mar Mai- 72c 43c Lake 18 128 23c 85c 49c s Jan 9.80 60 %c Mar * 1 God Goldale 26% 125 15 %c ___1 common. 10 1 Wares Yellowknife July 17% ___5 Petroleum Steel July 34 % 125 _1 Motors General 1.10 Jan 34% Ltd Dynamics Geneial Apr Feb Mar 13,250 34 Alberta common 77c 32c 1,020 95c 34 _._3 of Power 60c 45c 88c * Exploration Exploration Gatineau . Jun 55c 121,150 30 9%c . July 22% July 1,765 Eastern Metals East Sullivan Mines 105 - 1.65 30 1.40 1 Mines May 13 29% July 14,500 • 1.47 i 102 • 18 %c 20%c 18 %c I Amphi 40c 30 _l _j East 13% * 1 1 Minerals Dyno Mines v 1 common ' 17% Mar 7,950 r July __1 •*> 38c 17%c July 80c Jun 625 23c _^100 i i z_____ 19%c Mar 75c Howey Jun 3.75 May Feb 81c Jan 12 539 75c Jun 60c 2.10 Jan Consolidated July; 135, * , Feb 1,000 15 20C 20c com______* ,_L 5.00 July 2.60 Mar Jan 54c July Jun 48,200 38% 83 35 %c May 8% 85,575 1.69 39% July 5 81c 15,500 z 27 3.05 1,000 95c July; 26c, May Jan 285 3.05 Jun 43c ' 97c Jun 5.25 11 %c j 24%c May Jun 23c 49^ * 15% Jan 10 %c 1 & Steel Jan 1 300 Halliwell 45. 36c 1 450 Consolidated page Mav 16c 1 spg Mar 55c Guayana Consolidated Mic Mac Oils Ltd 2.10 Jun 19c ' i4c Consolidated 1 21c 60c Jan Mar 54c _ Golden Arrow 4%c 56C 40c 7 12% May 7'A Mar 25c 1.83 __ * Consolidated footnotes 28 091 1 Mines Lake __ 312 ' __.i Consolidated Discovery Consolidated Dragon Oil_^ Consolidated East Crest bt 2,168 5,625 Apr Bellekeno For 4.25 July Jan 56c 45c Consolidated Consolidated 1.65 56c «• Consolidated Bakeries Apr 4.60 July Apr 50c Consolidated Fenimore 9% July 9% July 3.25 1 Corp Consolidated AUenbee Oil Consol 13%c July * Development Feb 28c Apr 20c .- Mar 18 17% Graham Colomac 7c 19c 83 I 77 3.35 Feb 235 .Apr Jan 10c 30c * 50c Jan 12 "A July 28c 30c common : 1.05 July 8M2c __ 1 Chimo Gold Coin Jun * Chromium Cody-Rico 1.15 12M4 ; Chib-Kayrand Copper Chibougamau Exporl Cockshutt Jan —* Research—— Cochenour 5.25 68c Mines Chesterville Cobalt Jun 1.512 3.10 3.50 9.45 —___ Wines Apr 4.6O Oils Chateau-Gai 13 "A „_ 1 — 106% May 47 "/a Mar Jan ]0M2 Central, Porcupine Chemical 68c Feb Mar 1 ; Chamberlain Oil Chatco Steel 2.70 102 1,528 . Jan 500 1.05 Jun 28% July 1,000 1.35 3.10 35 "A i__* __. Oil 1.20 Jan 17% Mar 35 »/2 14 Ltd Patricia Charter 2» ; 106 __1 — Corp Ctntremaque Gold Jan 11 V'e 1.35 9c 4.20 2,000 26'A- Eureka 84c Feb 1 Jan 26 39'A July Jan Mar Jan Ltd 35c 24c * 40 12 3 48c 6% 3.80 300 18% Erie 1.42 Central Explorers Leduc July 4U0 3.75 3,100 3 July 73,204 __ Jun 18c * May 3.05 Trethewey Central 25 "A 10% 6c Jun 5.00 1 100 10 Pjoducers__, Central Jan 2.83 12 19% 13 28c 1 Stores Sol 10 12 '■ Jan- 17% 17 %c ; i___—— EI 2.95 __ -' 83 - 1 Magnesium.. Apr 1 * May 2.03 July 1 19 %c Juiy > Jan 28,500 Dominion 106 * Gas Asbestos Castle 17 100 : 6.75 • < Jan> Mar 1.50 * 24c 31 %c Fen-Rey Oils 28% Petroleums^ 1.35 Dominion Scottish Invest comi__. Dominion. Steel & Coal__ i Mar k.qK4 Jan Jun 11c 1,070 ____1 z Foundry Dominion Mar 21,173 2.95 1.10 - 23% 11 13 25c El 34% . July Feb .. v 90 2,055 6.45 2.05 Mar 20 Jun' May 1____1 4 — Mines 105 870,055 Jun 16 "A ________1 Ltd__ Dominion Asbestos 35 74c July ' 1.22 May 16% lie 11"/2C 1 Seagrams Exploration (Western) 110 11 M» 13 25% 1 : Jun 27V2 class Cariboo Gold,.— Cassiar 66c 4.80 Apr> •2:62 July "5 ... J 6c 1 : Ltd.. Producers 61c 33Me preferred Wallpaper Natural 10% 72c 50c Jan Jan ' 1)90 .1,050 • ______1 31 Jan Mar 27% Canadian Williston ___— Canso ' Feb May 9c 2.04 11,513 16% 13 r._______4'' Mines Eldrich 34% Vickers Canadian 2,475 100 / LOO -227,810 17% 1.45 __.5 !____ Apr 25 Prospect Canadian 25 'A 8% 33M3C Pipelines Utilities 100 Jun preferred—10 Ltd Canadian 24 V4 105M2 105% __ 11 Reserves Petroflna Canadian __ — Gas Canadian 7% 28 M» 5% Canadian 3,350 * 4 7c Canadian Oil & 8'A * Canadian Malartic Canadian 7% 2.03 17% [ » Elder 7% •6.60 : 16% ____-___100 Mines Ltd____ Eddy Canadian 17% __________1_L__L__1 Gold Mines Devon-Leduc Jan Jan 83,070 Feb 60c 1,995 8,000 ->• 3.05 Horn D'Eldona Del Mar t>.H5 3,727 : 60c 6,500 - 23 14c I6V2C 16%C ; : B Delnite . July 14 74 22% ' 25 common..: 41 .len Mar 39 'A 90c Chemical & Cellulose-—™.4' $1.75 preferred Canadian July 1"% 65 7,115 35M2 35% ■ 20 .i 20 M2 2,774 -32% Jan ^18c - " 12,532 32 1.70 . .'Warrants Deer . 3.90 July 23,541 70c 5.90 5.00 Decoursey Brewis Mines.l .9 Fen 2.00 47c 29Me Jan 45c 16,505 v - Ltd__l_"___!____, Leather Dav^s ; July 54c • Apr -15,700 : 5.80 Jul y 120,087 85c 5.40 8c 290,922... 31c Apr 12c 21,450 4.55' Jun May 45c - 1,200-- :94c ; 22% r_£z__—1! Zellerbach Cuscb Jan 40c 72c : , -_z___— Crow's Nest Coal___ . .. Mar. - 4.70 2.75 48c 29% - -i—; common. A Canadian * ^ Empire Oils____^._10c - 77c 6.25 * Pershing _i—__L_1__1 Ttust Crown Feb. 75 ___J_4____:____l____i_25 British 2.35 r— D'Aragon; Mines Jun. Jun 336 Crown July: July 1,075 • • 11 1.50 33 Mining Crowpgt Minerals 200 . 2.75 276 7.05 2.05 2.03 ; 1-—1; Bit" Cfoinor 28»/» Mar 37% Mar 47M2 19,400 - " 1 — Ciestaurum f Jun. 280 6.40 Mar 472,950 . 16c 17% Mar ,,.Jun 2.19 46% 23c 16c . 1^0 " Craig 32%>.Feb" Feb, 14M2 1,286 __ July t cournor -43% Mar 14 __ 1.S0 5.75 Corby fH) Dist voting ,Non-voting -class B.w__ -—Cosmos- Imperial Mills—___! July. : 41 2 Breweries-common Preferred Canadian Class of Mar "V 22% * ; 4 , ■ 59 .. 69% Commerce_____l_20 Bank 46c 39% 1 Jun. 47c ' : 64.149 ; -Petroleum. : 1 ; t July. 56c ' ______L__i.i___« 1.30 : West Coulee Lead 4.25 • 13% 13% July 70c Copper-Man 3.90 3.00 May 93'A 38% 12.50 Cable' class B Wire ■& Apr 64c 24c. _—10 Conwest Exploration ___• * 6.60 July 68 Preferred Canada :70c Jan 4.35 Distillers Canada May 20c 73c Consumers Gas .^an. 1,200 _ Ale 102,665 12c *,:> 90c 1 ■ « -:~:12% July 10% Mar / 7.00 July 48c 100 ' 136,338 55c 24c >• 55c rApr. .i , 1,700 ... 95c 114) ;' ^CopRer:CHff Consol, Mining__4_z%.~,_l .18 "/a. Jun . 25 - " Warrants 13%May .. 135 . 11 * -49c Feb 4.40 29% Mar Jun ; 800 - - Jun 60c Consolidated ••• * nc-?Apr: ; 12% 60 : 30c 22,150 Gon^ol Sudbury -Basin MInes_;__4 * Consolidated Tungsten ./ /_V—1 if "7 • Apr 25 539,265 .7. 22,950 lie z_ -__•__j ,•> 2.20 _<___—» Jan 1.12 : .—2.50 Consolidated Red Poplar Min__,__ 1 Consolidated fiannorm j— :__1 . 92c July! 3«c-- A|ix. . _ , Feb -19c . 700 3.50 3.85 59 —z_Zr>-^20 : 731% Canada .Crushed,&7Cut .7.25 2.75 3.85 . 40'/+ * 13,800 36,326 7.00 " _ _ 6.60 12%- : I High 29 53c 69 %c 1.15 Orl&c 5,867 45c. 58c :45c Consolidated. Quebec Gold—^ Jun: 46% „ RMac Feb 3,000 ;16c 6.10 3.85 Cement".common Canada VPreferred J i . 251,255 11% , 7.25 * .. 6,005 " 43c ' 16c 12% 1^ -2.95 ^Canada Bread ,conimonr____^_______'' S Class B preferred---^—-_r--J-l---50 I 17% 32c ; ,6.50 ; ^ »" v 16%. 90c * ' Calgary. & Edmonton. —-___1 . ' 37c 85c 1 4 Consolidated Feak ©lis.;. May 1.40 Mar , „ Jan ^4%e Jan 1,325 . r . . 33c 85c since-Jan. Low *" 38 "A Consolidated • 16. v 37 % 2 Range High 38 ; 37c Explorc___i.__.l j Shares Low " Smelting. Consolidated Northland Mines— Apr 35c , May yjlM 175 2,523 16c & Consolidated Nicholson Jan ,.24c , par _1_^ . 5V2c Jan 35,100 - . Mosher 1,75 Feb 60c „ 4,000 29 "S>% Morrison Consolidated Mining Sales for Week ' 460 7 9.175 64« _ 9,600 13MI ^Ath.—914, .;'".""79 ' " 26,500" 22c, •_ Jan " 40,250" ' Consolidated .. May 12c; 46' 44 % ' ; -.Burlington class 7e 9c 85c •2,400 21c 44,360 10c .. Jan 6,500 109,150 > 18"A July 37% July. 50% Jun :: ; , 1.20 Jya 24,500 8c ; J 17%c ' ^Bulldog-Yellow,:Knifer >Burrard 74c 19e ; 7. ^BuUdihg -Fr®docts7_^l-ZJ_—' 82c 7%c t , L_ " .'-.46 1' —_ " 30c- 76c • -43 M2 . Consolidated • 13c - 610 Apr .. • . July 20 24% May ., 8,000 J4 ,14%". 8c Buffalo- Ankerlt* - 12c ,27c 1; "" " 8%c8%c - 12c ;'i. t' ", -^A __1} : - ,78c t —lj__7. Algoma ^Uranium • 8%c —_1 Brunswick 12 3,072 , f - Range of Prices Sale Price High 16 M2 May 1,448 '35'/a ._____^__l''. 7 Mines buckles 16 M. 569 last' 5 Range since Jan. 1 Low " 20 Week's -..Friday STOCKS Shares 49% Co——25 1-7 Mines Sales for Week . High 20 - —l_.—.37% British Columbia ..Telephone Broulan Reet Minesiiz__ Bruiihurst Low 20 ; Range of Prices » . B fc. British.Columbia ; . Sale Price - .. Week's -Last •; . July 7% Jun Apr . I The Commercial and Financial 44 Chronicle... Monday, July 25, 1955 (352) CANADIAN MARKETS RANGE FOR Friday (Cont.) Toronto Stock Exchange Range stocks Granduc Mines 1 „—* com—_1 — — Paper Great Lakes Great Northern Gas Utilities Warrants Great - .——.—— Class B A— class Coal West Great * 5.25 5.60 4,850 43 45% 2,255 6% 6% 700 3.40 3.65 965 Guaranty Gulch 24 1,425 18% May 3.20 3.00 3.20 43,980 7% 7% 3% 485 1.50 May 7 Jan 1,200 225 9.60 9.75 850 10 18 18% 867 Gold 4.00 Apr Feb 9 7% July 12 Feb Meta 19 Jan Mexican 2.44 July 99,050 92c Feb 22c 27,700 7%c Jan 40c 9% Jan 19% Jun 8.75 9.50 27 27 , 6,870 Gold High Crest High wood 225 Jun Jun Porcupine 20c 33c 26,300 10c Feb 6Cc Apr 1 35 64c 1.26 1.35 65c 21,500 2,200 1 1.70 1.30 ——1 8.80 8.40 1.74 8.85 935,849 5,636663,800 55c 85c 84c 1.14 15% 15% 15% 13.50 11% li.% 11% * 83c 48c * 4.80 85c 4.84 * 23c 22c Aor 38c July 1.12 July 2,500 16c July 24 %c Jan 14c 1.24 8,500 10%c Mar 12%c Jan Jan 1.35 68,600 20c 10c 11 %c 39,400 7%c Jan 100 4.00 May 4.00 4.00 4.00 23 %c Feb 3.10 Apr 15c Feb 5.00 Jan 7c 12.000 4c Jan 9%c Mar 19c 10,400 15c Jan 30c II %c 11 %c 1,500 10c May 6%c I 17c - 63 22% 63 % 265 7 7 150 22% 10% 10% 21c 19 %c 43 43% 22% 3,193 11% 5,561 22c 83,350 % 415 44 Brick July Jan 15% Mar 25 Jun Feb 7.50 Mar 14c Feb 30 50% 53% 240 6.75 7.10 11,000 62% 63 % 5,506 51% 22c 21c 22c 9,100 20c 37 38% 275 38% Jan Jan 2.60 Jan May 34 A Gas Apr 12% July 28c Jun 44% July 53% July 7.20 July 63% July Jan 30c 38% July * — A. — -* Jan 1.10 55c July 44c Jan 7.85 ttD 53c May Monarch Monarch Mortgage Moneta —— Moore Jua Creek Nama 38 93c .38 1.25 18 % 19/a 874 16 895 32% 40 39% 40% 2.45 2.^5 2.55 Mar Jan 1.40 May 2:10 2.45 13% 14 % 14% 109,040 480 850 80c 13% — 1.70 28 4.10 216,350 67 100 72c 1.70 600 33 5 ■* 20 * 4.10 L70 Car_———-A_.—* 32% 30% —-10 — —_— 1.50 — May Jua 4.84 Juiy Jan 31c 5.CO July Feo-: 9c 1.45 Jan 25% July 3.30 6.75 40 Jun Jun 37 -- Jan Jan 1.25 July 2e% Mar 42 May 2.78 13 ■ Jun Jan 14 Apr Mar 12% - 2.7C Mar 15 May Feb 2.72 27% Jun 2 8'A Jan j.yo jun 5.25 Jan 1.50 Jun 2.1U Feb' Apr' — 2,755 26 Jan 33 July 43 43 529 31 Mar 43 July — 23c 23c 2,000 1 — — * —,——— Mining Nesbitt Labine Uranium Jan 47c 27,4u0^ .—_25c Petroleum Steel Jun 19 "1.41 28 4.10 1.70 National Trust 36% 2.15 Ltd National Grocers preferred National Hosiery class B— National Jan 13% National Explorations Nello Feb 1.95 1 ! ; National 2.25 July common—5 Chemical &, July 16%' Jan 25% * Ltd.. Mines Drug Jan 100 1 . Ltd Preferred 5%c 1-21 — 1.42 July July Mar 50c 1 J 83c Jan * f tr li'A 3.00 1,772 47,750 9.7u 15% 3.50 July 20c 1 Corp common National 24 2.70 26% 5.CO 1 Jan 39c 1,028 40 <6,259 — —•-*■/ A Porcupine Montreal Locomotive Multi-Minerals 8c 1.00 23 2.25 26% 5.00 24 2.40 26% „; Mogul Mining Corp_— Brewery class 6%c ,51 %c 90c 5.CO i 1.74 July 1.50 Jan 9'% 425- 265,480 88,595 8,700 1,200 28,500 81,185 jr Apr Feb 1.75 Jan 9% 1,110 22c 24 %c 7c —————————* 1 A * Knitting common * Mining Corp 3.95 4.70 — * i „„A. Moisons Jan 64 10 7.05 53 15c Jan 5 63% 53% Feb Apr 53% - Minaa-Scotia ——' 75,602 * & Erie 36c 62 Jan 9c 52% Jan * 1 Mining & Smelting Bay 126,500 Mid-Western Milton 25,450 7c * 1 * .—50 Mining 33c Mill City Petroleum 16c 19c 5 Preferred Mar * Industrial Jun 1.08 * * Paper common 60C . Jan 18c 18 %c * 1 Yellowknife Feb Jan com— - 11% 14c 1 Oil 43c lie * & Gas 28% 75c 1.30 * — Sarcee Howard Smith 29c 61% 13c . Hollinger Consol 15,300 87,320 —————1 Preferred Midcon Oil Mindamar — Drilling 3€c 40c —* & Power Jaji 82c Oils Ltd Hugh-Pam 24c 18 '/4c Dauch & 33c 27%c —j Mines Light Jun 36c 30c _—— Mar 3.60 24 14 %c — Mines— Hi-Tower 170 60% 28c 11 %C Heva 31 %c July 1.19 July 4-i'A July 90 1 Apr 25,460 * Hi Feb 67 % May ———————— Uranium Jan Mar 1.99 —— Lake (George Jan 33 2,447 : Petroleum 16 17% Gold Hees Merrill Island Merrill 16 ——: Red Headway 9%c 3,254 83% Exploration Mercury Chipman Mills Jun 4.95 1.65 __1 Iron—■— 1,130,062 46 % Mentor 19 %C 30 Minerals—-.— of Lakes Huron McWatters 20c & Alabastine Hasaga Gold Hoyle Jun 1.08 pfd Gold Rock Harrison Hudson 24% 16'/4 1 8.75 Gypsum Lime Homer Red Jan 7.75 j' 1.19 41% 81% ——-—1 - Lake McMarmac 1 — — Gv.'ilJim Lake Gold Home 5% 4.15 May 95c 45 —50c Lake Mar —1 Mines ' Hinde Red 23% 7% Warrants Heath McKenzie 24 9c Gurney Products Head 4.00 May High Low — 1-15 1 Range since Jan. High * common Porcupine— 43 Shares Low 1 Mines FYontenac McCcll for Week ol Prices ——* Maybrun Mclntyre 2.40 Apr 45% May 4.70 Ltd Mines Hard Jun Sales Range Par 7% May 50 7 Gulf Lead Gunnar 6.20 July 47% 47 4.50 _lj—L Trust Jan 47 —* Freehold Gridoil 4.25 Mar 29 Week's Last Sale Price 1 High 5% Jan ——————* — — Greening Wire Jan. Low 6% 5.30 Preferred Great Range since High 44 % -- —. ——-——.—;-50 Plains Development 1 Sweet Grass ~1 Shares Low Par Friday STOCKS for Week of Prices Sale Price WEEK ENDED JULY 22 Sales Week's Last 1.90 1.80 2.10 69,100 18c Jan 1.65 May 11c Jan 30c 2.54 70c Feo Jan Jun 8.00 1 1 Refining Ltd—— Petroleums 8.25 1,825 8c 93/4C 38,200 8%C —10 Imperial Life -10 Imperial Oil * Imperial Tobacco of Canada ordinary_5 6% preferred £1 53 53 39% Imperial Bank Acceptance 1 45c 42c 53c 186,357 1 1.29 1; 10 1.30 250,808 Bidlamaque 1 29c 28c 32c 18,100 Bristol 1 1.26 1|20 1.27 40,820 British * 2.40 2.30 2.45 6,574 1 75c 73c 80c 50c Apr 84c 32c Jun 81c Jun': Jan^«- New Alger : New Athona Mines— 45 Jan 54 84 84 90 Feb 96 Apr New 393/4 10,947 35% Mar 40 Jan New 11% 12 3,427 10% Mar 12 July New Concord 7% 7% 73/8 3,308 7% July New Continental Oil 9 %c 7'Ac 10c 16,500 4 %c Jan 10c Apr New Davies * 60 57 % 60 625 49% Jan 61% July New Dehli 106 106 13 class Machine 100 * —* 106 International Metals class International Nickel Co New Dickenson Jun New Fortune Petroleum 25c Jan 72c Apr 11c Jan 19c July 24c Jan 42c Jun 1.61 1.60 1.74 10,850 1.60 May 2.80 Mar New Highbridge * 35c 31c 36c 53,233 Maf; 37% 37% 515 72% 71% 723/4 9,091 ,55 Jan 135% 135% 136 170 133 Mar 24 37% 8 %C 32% Mar 37% Aor 73% July 142 Mar Apr 8%c 54,700 18c 1,900 10c 27c 35c 150,483 7c 1.60 Ltd 9c 15 %c 1 1.60 400 45c 53c 12,275 43c Mar 76c Mar 50c 603/4 c 42,629 50c July 70c 8 'Ac 10%c 24,208 8c Jun 34c 52c 54c (1939) 1 New Hosco New Jason Malartic —_—_1 Gold 10c 11c Apr New Marlon Jun New Mylamaque Explor 35c July 1.86 Mar Newnorth Jun New Ryan 17c Jan New Superior 18c 12c 18 %c 299,300 9%c Jan 18%c Jan New 41c 46c 30,900 41c Jun 67c Jan 62c 66c 72,600 32c Jan 95c 15c 2.37 2.37 2.50 1,195 1.77 Jan May 3.95 Jun Kelvinator * New Nib Feb 17 17 1,000 16% Jun 23 18c 133,600 5%c Jan 20c July 16% 16% 163/4 5,906 15% Feb 17 13c 12c 13c 10,000 11c Feb 23c Mar 77c 3,200 65c Jan 85c Apr Noranda 33c 43c 12,300 3lc July 50c Jan Nordon 3,000 35%c 1 Keymet Mines Hudson 42c Kirkland Lake Nipissing Nisto 37c Mar 500 12c Mar 17c Mar Norlartic 193,500 13c Mar 32c July Normetal 20c 1.30 1.27 1.35 5,200 22% 22% 23 1,460 16% 16% 16 3/4 2,320 3.45 3.20 3.80 33,020 1.53 1.32 1.60 88,230 38c Jun 1.10 Jan 55c 1.52 Mar * Lake Lingman 18c Secord Laurentide 17c Apr 8.15 25 Jun Jan 21% 19 Oils May North Rankin Apr 3.95 July North Star 1.60 July Jun Mar North Apr 45c Jun Northern-Canada Mines 5.15 Jun 6.35 Jan 27c I,350 Jan 27c 2.30 2.50 4.600 3.60 3.75 I,400 13 310 2.30 20c 1.75 Mar 3.35 11% 22 213/4 22% 444 12% 12% 123/4 660 11% 1.85 100 July Feb 17% * 6%c 7c 17,500 60c 62c 3,200 35c July Trinity 42c — 54c 9c 1.05 1.09 11c 2.63 12c 69c 80c 56% 56'A 58 Feo Jan 8%c Apr Jun 9c July 2.15 20c Apr 15c Jan 18'Ac Mar 3.20 Jan Apr May 23c 32c May 78c Jan 5c Jan 10%c Jun Jun 1.55 Jan 15c 1.05 7,000 27,500 10,000 78c Feb 4uc 7'Ac 24,100 2.50 Feo 40c Jan 5'Ac Jan 207,850 7%c 43c May Northwestern Utilities 3.1C Mar Oka Apr Okalta 78c Jan 17c 18,000 8%c Jan 55c 21,600 15c Jan 7,150 _• 1.35 1.24 1.35 II,350 • 43 43 43% 875 41 % Mara * 83 80 83 510 68 3.C0 Mar 61c Jan Mar 99c Jun Jun 16c Jan 4.25 7'Ac 40c Feb 85c July, 12,600 7,720 10% Jan 18 ' May 3.95 Jan 10 July 5.25 ll'Ac 74c 74c 65c 18 17% 9% lie 18 . 10 11c 55c - 3.45 97'A 97% 97'A 53c 68c July 37c aaa 5.95 Mar 16c Mar Apr 8c 17c Apr 70c Jan 97% July ji)c Jan 99c Apr 6c 61,075 Jan 35c 30 68c July 5.60 July 91'A 35,100 _♦ Jan 20'Ac Mar 8,600 68c 11c 65c , preierrtd——luO O'Leary Malartic 3.30 15c Feb 9c 6,700 1 12 %c 45c 15c Ogama-Rockland Oil 25c Apr 1.15 May 4.00 Jan 1.75 Jun 1.35 1.20 1.40 1.56 1.56 1.70 30c 29c 32c 4'Ac 4%c 5'Ac Club common 6%| series A„ J 2.75 2.75 2.85 12 12'A 27 27 30 7.20 9%c 52c * 10 — Steel * 30 1 7.20 Osisko 1 Lomega Gold 1 6c 6c 7%c 29,221 4c Feb 15c Apr ♦ 10c 10c 11c II,100 8c Jan 16c Jan 14c Jun Jan ." 75c Jan Jun 1 2.70 2.60 3.20 Louvicourt Goldfields 300,968 l 40c 35c 44c 23,600 Mining Co Lynx Yellowknife 1 3.05 2.40 3.05 677,150 common ■- 29% 6.00 9%c 1 . 100 61 %c " 9c Jan 30c 4'Ac Jan lie 91c 1.30 May Apr 1.65 1.75 Apr Apr Jun Jun 22c Jan 60c Mar 3c Jan 7'Ac Apr 2.25 11 25% Jan Mar 2.95 Apr 12% May Jan 28 J"ly Jan 30 July 260 23'A 50,953 500 39,800 2.30 Jan 6%c Jan 14c Apr 38c Apr 85c Jun 95c July 6.33 Juiy Jan Lorado Uranium Mines ■ 10 Opemiska Copper Or'enada Gold Long Island Petroleums ISc 7c » Loan Ontario - 3,600 7,800 7,500 21,334 16,300 6,902 13,300 9,500 5,800 1,405 1 Apr 45% May 84 Jockey Conv pref Ontario 6c - _90c Mining Oils Ontario 61c 17c - 6c Metals 11c 65c 9c , .65c.1 »17 %c Selections Rare Lyndhurst * Macassa Mines Macdonald Macfie Mines Gold Bloedel class Madsen Red Lake Gold B * Mines 1 Uranium l Goldfields Maneast Maple Leaf 7c Jan 1.65 May 3.05 10c 2.00 Apr July May Jun l Ltd Milling ♦ 92c 96c 19c 21c 27,600 12c Mar 60c 75c 251,130 40c Jun 1.06 Jun 1.47 Mines Magnet Consolidated Malartic 800 5.15 Mar 66c 70c MacLeod-Cockshutt & 1,000 1.90 Feb 20c Mines MacMillan 8%c 1.80 Jan 4Cc 96 %C Explorations Mackeno 8%c 1.80 2.60 July 15 %c 1.45 1.49 2,150 1.30 Mar 1.84 Jan 40% 3934 40% 2,520 26% Jan 41% July 2.13 2.00 2.15 24.800 1.60 Jan 2.15 July 12c 33,500 56c 8c Jan Feb 1.85 1.85 1.86 56c 52c 65c 42,500 27c Jan 11% 12 485 9 Jan 102% 102% 20 100 Apr * 11% 100 common Preferred ll%c 12 %c 19,650 102% 16,730 1.62 Jan 1.25 May 22c 25c 1.99 1.06 Jan Apr Jan Pacific Coyle Navigation Pacific Eastern i Marbenor Malartic i Marcus i Gold Marigold Oils Maritime Ltd.— i warrants i com Preferred 1.00 15%c 1 ll % 11% 12% 600 97,100 6,275 Page Hersey Tubes * 69% 69'A Pamour * 70 €2c 270 1,750 Pan Porcupine Western Paramaque Amalgamated Parker Drilling Petroleums Paymaster Consol Peace River Mar Pembina 5 7o * footnotes see page 45. Jan People's Natural Ltd Gas 16%c Apr Apr Pershcourt 34c 10,500 44c Feb Peruvian 2.40 46.980 70c Jan 2.83 Apr Petrol Oil 10,850 20c 1.00 July Pickle Crow 20c July July July Pioneer Mar Pitch-Ore 85c 4,075 30,500 11% 113 114% 9,495 670 45c 7,000 6 6 100 6%c 9 Jan Feb 100% May 14c 3 Mar Jan 1.00 42c 11% July 115 45c 6 % 30c 12,300 23,700 1.40 23c Feb Jan 12% July 64 Jun 73 Jan 46c Jun 72c Jan 25'Ac Mar 38c Jan 6c Jan 13c Apr Feb 45c Mar 2.45 3.80 135,296 100 98c Feb 3.03 Jun 5.03 Feb 2.00 8.15 9.65 27,726 34,500 3,945 20 18 54 53'A 20% 54 5,930 215 75c 80c 34c 32c 36c 5 Feb 15c 75c 8.50 10% 180,000 3.80 —50 2.75 47c 30c 7.25 Placer com Apr Jan Jun Jan 89c 42%C 10 Jan Jan July pfd & & Mineral Gas Gold Gold Uranium Development July Ponder Powell Powell Rouyn Gold July Jun 103 May 53 % 25 101 101 10 100 J 1 30c 12c 1 3.45 45c * 1.25 1 1 — 22c 31c 5,350 11 %c 13c 12.100 3.45 84,555 45c5C%c 5,620 2.80 1.22 1.25 6,138 1.81 1.81 1,000 20c 27c 253,700 Mar 42c Apr 7c Mar 14c Apr 1.66 Mar 40c 1.20 Jan Jun 1.60 July lie May 30% Mar 1 33 % 630 1.21 1.13 1.25 50,500 53% 57% 4,545 40 Mar 56c 58c 1,300 49c Mar 33% — 33'A Jun 22c 57% 1 River Jun 58 53% Oils July 21 54% Jan 100 * Mines Jun Jun 44 1 Goldfields Oils July 15% 50% * Jewelers Perron Gold 13 %c 10c 12 %c 2.15 1 common Credit Mar 75c 1 28c 11'Ac Mar 9%cll%c 18c 22c 1 preferred Mar 12c 20c 1.00 14c 16%c 50c Pipe & Line Ltd 1st Mar 50c 9%c » Pathiinder 9c 12c 40c __ 18c Mines 29c 1 1 Pardee 1.00 60c 10c - Mines 7c 45c 11% Jun Oil Mines Farbec 30c 2.15 113 8c 44c 1 Petroleum 22,340 2.35 11% ioo Matachewan Consolidated For 1,674.000 10c 32 %c 85c Martin-McNeely Massey-Harris-Ferguson Ltd Ltd lie 14 %c 10c 5Cc B warrants Maxwell 13c 3,000 33c Mining Corp A 10 %c 10 %C 52c <_1 Pacific Penman's Maralgo Mines Mines Apr 13% July 104 Lake , 199,300 3,100 13c 11c — * Jan 3.15 July 5.25 Gold July 45c July 19c 4.50 Lake 5%c 3.25 58 lviar ll%c 13%c Omnitrans Exploration 15 %c May lie 304,032 O'Brien Jan * 46 34c Obaska 2.75 1 3,269 r Jan 1.85 1 Jun 5.60 Jun Jan Gold July 55c 24c Jan July Gold Jun 80c 8,000 5.35 2.50 13% Lexindin 15'/2C May 32c 4.35 13 Jan Apr Jan 8c 5.50 56c , l Nudulama Mines Ltd Jun 60c 2.10 1,500 113,800 2,000 23,567 14%c 14%c 50c 67c __ * — 22 % Lencourt A 1,600 10 11c 62c class 2,042 22c 1.07 * —— 22 %c 6%c Lac 2.53 21c 2.63 1 Oil 3,849 1 Groceterias 2.41 — 21c 11'/8c Warrants 7,500 1 Long 15,560 11c • 23,500 Leitch Gold Class B 11c 12c .. 28c Jun 4c 26,500 22,746 5c May 7%c 18,500 10'AC 10c 20c 13,000 13c 12c 11c 10c 1, — 20c Lavalie Mines Loblaw Canadian North Inca Gold Jan 1.10 1.85 Petroleum 13c 5%c 10c 12c 5'Ac 12%c Apr. July 1 Ltd— Mines 33c Warrants Little & 75c 3 A 13c 29c May ♦ Mining Oil 5.50 * Shops Acceptance class 10c 24%c 1 30c , Candy 75,500 19,750 10c 24'Ac 1 Mines 13 * 48c 1 27c , Jan ♦ — 5.40 Mining Mines 12c 1 33c Mines#! 145,633 1 5.40 Osu 48c 1 __ Norpax North Exploration 32c 1 Gold Norgold 13c 25c Mines 43c 1 Mines 20 %c Mines 22c 1 - Corp * Ltd 75c * Mines Ltd Nor-Acme 13c A Jan Jan 1 Mines 21c Ltd Canada.- Mines 37c Townsite Kristina Copper Mines— 18c 6%c May 14c * Keyboycon Mines 13,125 43,200 1 . Oils of Thurbois 14c ^1 j 14%c July 15c 1 Mines Yellowknife 75c Gold Kerr-Addison Jan 36c 1 Mines Nickel Rim Feb 13c 1 —; Merger Like New Taku 65c May 7c 5%c 30c 1 Senator • Liberal Gold Rouyn 44 %c Apr lie 23,833 84,833 I 30c —1 — Norzone New • 5uC 68c 13c 1 Gold New 1 Jan Jan 1 i, 25c Feb 14c 15c 21 %c 1 — Jan 1.45 112,715 9%c 1 * Mines Feb 5%c Mar __ 62c 8c 8%c 50c u 1 — 47c 9c 12c 1 Mines Hugh New 1 —_ Jupiter Oils Laura 42c 9,250 1 — Joburke Gold Luz 33c 57,650 6,600 1 Exploration Lamaque Gold Lang & Sons 34c Jan(- 32c 1 , Joliet-Quebec La J 14c 15%c ——_* Mines Jaculet Lake Wasa 2.70 30c * : Jacknife Gold Shore F'tO 30c Laguerre Lake 2.00 15%c - , Kelore Lake 5,709 1 •_ New & 2.20 1 Goldvue New Mining 2/16 Harricana 17% July 30% Jan Dufault Apr.; 2.18 New 29% Mar Cinch 1.34 New May Lake July Feb 25% Labrador 1.00 14 13% Mar Lake 60,250 14% May Newlund Mines , 1.05 Jun 670 (John) LOO Apr 5,120 Labatt 1.01 Jan 2,400 Oils 25c 7% 17% Kroy Jan 11% 29% Kirkland 16c 10% 26% Kirkland 1,500 100 28 Kenville 19c 1,115 * Line Ltd 18c 5,365 26 Mines 19c 8 16% Jonsmith 55c 13 17% Mines Jun 13 28% Jelllcoe 35c 8 26% Minerals 25,400 12 -5 Jeanette 50c 12% Pipe — 70c 46c 1 Mines 65c 47c 1 . ; Building Credits-—'* Jaye May: 65c 7,600 6,850 50c ———— Petroleum Interprovincial Jasper Oil 3.15 Mar * Development- . Feb 12 * : Waite Jan ' * Mines Interprovlncial Jack Jun 12% 100 A—. common Preferred International Jan 1.55 1 Calumet July 8% 2.15 1,30 43c 1 preferred Mining Inland Cement Inspiration ~H 102'% Mar Jan May 1.05 May 10 A— & Co— (John) Jun 6 Dominion Oil 42c 24c - July 70 —: Oils 38% common $4.50 preferred _—2 Ingersoll Feb Apr ——1 Indian Lake Inglis 632 10 15c 12 —. Industrial 53% 7.05 Apr 7%c Mar New New Husky Oil & Hy-Charger —— 68c Jan 3.45 July 60c 1.50 2.35 Feb Feb Jan 30c July 36% Jun Number 5449r;. Tfre Commercial and Financial Chronicle Volume 182 (353) CANADIAN MARKETS RANGE Friday Raihge Sale Prlee Low Par Power 1 * 1 Border East Fronto Warrants — —: — - . ;' 19 Jan 10 % Jan 14 ■ July United Estella 4.15 May Jan 3.05 United 6,700 43c 46,500 10c Jan 45c 19c Feb 89c July 56c 74c 125,550 3.90 3.40 3.90 50,300 1.10 9%c 10c 4,700 16 14 V, 16 80,485 99c 1.09 3,500 4.SO 4.25' 4.50 83,495 2.55 2.32 2.65 186,400 Feb 2.85 July 1 /A. 19c 20c 1,500 lbc Feb 24%c Jan * 26% 25% 26 % 3,670 20% Jan. Jan 15c 13 % May 70c Apr 1.30 3.10 Mar 1.03 Apr 18 Jun Mines: 1 2.55 2.90 32,475 July 4.50 July 27% July —* _L 8 8% 400 _——1 2.80 2.75 3.30 206,617 1 J_ 10c 13c 3,803 l.fcAl 1.80 — ——: c Reeves MacDonald „ 1 — 1 1 : ______—__ Rix-Athabasco Uranium 1 1.35 6% 3.65 Feb 75c Jan 7VaC „ Jan Apr 8'A Jun 5.25 United Consolidated Upper Canada Vanadium Van Roi Vicour Jan Vulcan Wabasso Jan 65c Mar Weedon Wespac Amulet G Rainbow Shawinigan Water & Power Jan 70 72 1,549 8%c 64% Mar 1.62 1.63 4,367 17VaC 20c 26,300 1.50 May 14c May 3.45 3.70 6,800 3.45 78 May 2.20 Jan 35c Jan 4.95 July Feb 17 % 180 2.25 2.16 2.45 7,891 i.10 Jan 2.90 3.05 1,900 1.80 Jan 3.35 69 V2 69 70 1,293 50% Jan 70 53% 20 50'A Feb 53% May 15 17% July May 53% 53% 10c 20,033 7c 1.11 1.25 10,900 75c 9.75 9.05 9.85 73,586 Western Grocers Class 29% 380 27 555 27 Jan 4.85 5.00 1 21c 20c 24c 79,300 92c 86c 92 c 26,480 85c Mines 45c 45c 7,240 41c July Dairies —50c class A * 15 7,218 19% 18 19% 2,587 60c 50c 63c 14% 14% 250 42C 42 c 3,120 r*, 44% 44 */4 45 110 80C 70c 86C 17,600 ;_— 1 Slater (N) Souris Valley Co •■—_* Co 14% 9 common — Southam 2,000 1 Ltd Gold . ____ Southern Union Oil Jun 100,150 Spooner Stadacona Standard J. i Oils Mines 4.85 July lO'Ac 33% 205 30 510 38 Leaseholds * Petroleums Naco [ 7.85 41,685 1.25 1.45 12,050 40c 50c 5,550 10c 1 Yukon Pass Willroy 79c Radio 57 Jan 105% July 160 103 Mar 105% July 17% 17% 17% 200 3.00 2.95 3.20 46,665 57c 57c 60c 10,500 11c 1 Gold May 11% Mar 15 July 15% Apr 21 Feb Feb 63 c Lead 12 Jan 15 Starratt Jun 52c Steel of Bros 47 50c Apr Sterling Trusts 13c Apr 28c 2,607 21 %c Jun 40c Jan 36 100 10'/a Mar 12 7,594 53c 80c 13c 13c 14c 4,150 lOVaC 25 26 645 52 53 2,883 26 11c 1 14% 20 Stuart Oil Stuigeon July 17c Jun Feb 41% 53 % July Feb May 13c 10,500 11% 14% 85,343 7.60 Jan Apr 14% July 45'/a 225 42 % Feb Sullivan Cons Preferred 5%c Jan 15% 15% 15'A 23c 20c 25c 16,500 12%c 26c 25c 28c 34,300 25c Mines_____ 1 31c Switson Feb 15% Apr Jan 25c July July 55c Jan 6.90 22,712 o.IO FeD 9% 9% 1,145 7% Jan 26% 26% 175 21'A 21 24 21,470 9c 9%c 3,500 * Industries 6.40 9% 26 V2 50c - 6.50 25 M —A Inlet Surf 14 * (ordinary) Supertest 50 * — 4.75 4.80 1,400 3.00 Mar 1.36 1.38 4,400 1.30 Jun 49 49 95 42% Jan Sylvanite Gold 1 Tamblyn Ltd 1.37 .« Preferred Tandem Taylor, • 50 Mines 1 Pearson Preferred _10 ; Teck-Hughes 50 25 10c 11c 16,000 9Va 9% 600 11% 11% 125 50 IOV2C * common 11% 1 Mines Texas-Calgary 3.05 3.00 3.15 10,370 1 Gold 9% Anglo Canadian Pulp & Paper— Anglo Newfoundland Develop 1.15 1.00 1.16 15,400 Asbestos 24 % Jan 26% July 19 Jan 24 - 9c July 13%c Apr May 4.85 July 1.85 Mar Brown Co Bulolo 50 7VaC 51 July Jan 9 75c Apr 10 Apr 2.50 Mar 19c May 10 July Jan .11% July Jun 4.90 1.20 May Jan Jan Tiara Mines 1 51c 50c 57c 20,434 41c Apr 1.40 July 75c Jun 16% May 21% July i Silver 20 20 32c 30c 33c 7,700 1.20 1.20 1.20 500 1.15 1,539 42% 350 34% 10 48% 49 Toronto General 20 38% 38% Toronto : Iron Towagmac Traders 4 % <x 5% Trans Works Finance class A Empire Mountain 24 24 300 12 %c 13c 1,500 Jan Oil July 40 Apr 20% Feb 23% Jan 18c 48 49 1,660 41 Jan 103 103 20 101 Feb 51 50% 51 310 1.83 1.80 1.90 4,532 34c 32c 34c 47,900 37% 38% 4,710 40c 43c 14,200 20c 23 %c _* 40c * 7.15 Petroleum Oil 22c 103,150 20c Jan 58c 62c 5,241 40c Jun 19c 1.37 74c Week's Jun Apr Apr Sales Range for Week of Prices Shares Range since Jan. 1 Low High High 47 13% 450 2,495 37 Jan 47 13% 46 13 10% Jan 13% May 45 44% 46% 2,070 32% Feb 46% July 18% July 47 Canadian Bronze Cottons General Canadian Coast July 7.00 7.25 Glass 30 — 33 Canada Securities Paper common May 16 Mar 30 Jan 19% Jun 27% 6% 6% 1,700 5% Mar 18 18 18 175 12% Mar 19 Jun — 62 Jun 70 Feb 2.90 40% 2 79' 1,300 4,717 65% 2.75 39% 61 2.50 38% 1.25 Jun 3.00 July 41 Jun 22 22 2,085 18% Mar 23 Jun 35 Va 40 400 1,515 75 35 Mar ,41 Jan 33 Mar 36 Apr — — common —.... 1 Bros 21 % 35'% 35% 28 36 28% 98 98 36 104 % 36 105 28% com„_9 — * 7% * Paper— Ontario Oreille 36 25 35 July 28% July 7% July May 24% Mar 30% July May 32% May 100 Jan 38 Jun 80 112 Jun 95 Jan 41 41 41% 885 1,232 12 12 12 395 9 Mar 73 68 Jan 48% Jan Apr 70% July 34 Jan 45 — . 5 65 71% 64% 65 705 130 —9 44% 43 44% 115 —1 1 * ~1 6.50 6.35 4.55 55 57c 6.50 5.10 2,771 1,750 653 — . -- 33% Mar 5.75 44% Jun 13% Jan 77 44% Jan 1.75 Apr 30c 28 Jan Mar — 57% 59c 58 60c 9,200 104% Apr ♦ No 53 % July a Odd lot sale 2.35 Jan par 5.80 Jan 60 Jun Feb 680 Jan Apr d Deferred 40% Jun in Jun e 32c Jun 48c 188,800 8%c Jan 42c Feb f Flat 57,915 4.35 Jan 7.45 Jun rCash (not included in year's privileges, delivery year's sale (not included range), Selling ex-interest, delivered, wd When wi When x issued, Ex-dividend. y price. sale MARKETS Ex-liquidating dividend. (Un) Admitted to unlisted trading range). 48c (not included in year's range). Ex-rights. z Ex-stock dividend. Apr 44 51C t value. July 7.10 May Feb 4.50 July FOOTNOTES FOR OUT-OF-TOWN AND CANADIAN 49% July . -— Consolidated Yukon Jun 19% July 33 6% ——5 Utilities Consolidated Price 27 215 33 26% —6 Fend 31 19% .■* 50 - Inc & 34 30 19% 150 Feb 23% July 327 1,425 " _L__— Ogilvie Flour 7.10 20% May 32% 26% * International Utilities Pato 1,110 " — common. Hayes Steel Loblaw 23% 5 * Oilcloth Intel-provincial 23 * Paper International Jun 23 % * Lumber Bridge of Jan 5.25 -1 Ltd pom (1954) Dominion Preferred 14% 2,535 " Copper DuPont 18,308 5.65 * common Investment., Westinghouse Consolidated 18% 5.35 _* common-. Canadian Canadian 18 — * Sugar 18% May * Resources 85c Jun 8c 103 37% Jan Feb 48% Line May Feb * Pipe 1.48 49 * .__ 37c July 100 Oils Transcontinental 24 13c 24c _40 Oils Trans * 1 preferred Era Triad A preferred Trans Trend class Exploration Jan 1 Dredging Dominion & Minnesota 1 Toronto Dominion Bank Trusts 100 * .' 65c 1.85 July 2.75 July Jan 5 common Gold Dominion 50 Jan Torbrit 10c Low * Corp Western 15c * 2.00 200 Friday * 5 Indus 149,050 ,_ 'Apr 21,233 Last Marconi 1.40 Tailors Jun 25c 15c Par Canadian 70c Gold 35c Jan 2.75 Sale Price Canadian 1.18 Top Jan 7c Canadian Funds STOCKS Canadian * Tip 7c 1.40 May May Exchange - Curb Section » Feb 8.30 Mar Thompson-Lundmark Tombill 61c 2.75 2.75 A_. Toronto Stock Dominion common 10,350 57,160 Jan 45% Mar 11c * Superior Propane common 17c 1.85 Feb 27 1 — — 14c Feb 39c 60c class May 21 Vb Mar ________—_1 ; Gold River Contact 83,700 Mining Corp Zulapa Canada Sudbury 23c 27 %c 1.67 1.83 July 45'/a 9 Mines common 3,200 12 66c Jan, 11 52% 52c 23c Mines. Apr 67c * Steeloy Mining Steep Rock Iron 6,520 11 Canada jun 2.69 1.90 Metal Jun 17c 60c * Jan 4.00 3.00 8,090 13 %c 1.00 May 67c •__ 19% Jan 225 2.07 July May Jan __1 Gold Olsen Stedman Apr July 13 3.60 1.98 Jun 15c 127/ac" Jun Mar 35c 36 9 50c 3.50 Mines Zenmac Jan 12% 15 %c. Knitting Yukeno Jan Feb 433,175 13 Mines Bear 7c 24,000 50c 605 Jan 3.60 July Apr 90c 6c 10 c 29c 2.00 * 20 6%c 8%c 47c 8%c ' Oil Canuck Yellowknife 35,300 Jan 50c Mines Zinc & 13C Apr 1.90 July 35% 28c A 10c 15'/a 41%c Mar Apr 38c 1 class Stan well Oil & Gas Ltd Jan 9,649 * : (Alexander) York 20c Jan 10c 56,550 * Jun 11.68 May July 50c 12c " 5.50 May Jun Jun 94 105% 1 Petroleums Yellorex 7.85 July Feb 1.20 105'% 105% 10c 1—1 Mines Wilrich Yale 4.85 33c 100% Wood 1.50 Feb Mar 105% Winnipeg & Central Gas— 30c Jan it * 1 Jun Jun Jun July 100 (Geo) „common Preferred White 7.65 1.40 —- Tungsten Weston 7.75 * 50c common Warrants 1 17c 1,313 26 if. Windward Jun Jun 25c Jan Winchester Larder 30 July 24% , Mar 41% Wright-Hargreaves 35 * Jan 41 July 28c ■« . 23 48c .1.75 Feb 742 |0c May lfr%c May Apr lie 33% Mar 35% * (1944) Paving Standard * 21 * —_——t ,»•« - V Jan 20 pfd Wiltsey-Coghlan 29% - July -1 Mines 1.47 Feb July 10'A July Jan 29% —1 ____— Mining 1,250 1.63 1.25 4.80 Mar 29 29V2 1.70 Breweries A Yankee * common...— 1.63 * 16c Jan 28 % Breweries Jan Jun 2.98 Mar 1.25 1 Voting Trust Sigma i Quebec) 4V2C 8 31% July 2.90 Gordon 11,700 4y% Western 9c 15c 26 Western ;—1 12c 24 Feb —i—50 __— Mines July 1 12 Va May Jan 38c 25 50c preferred (1945) 23c 2,902 5 „* Creek Gold 18,100 Canada * com 200 32c ,40c Western Jun 17'/a A12 38c Feb July * 12 28c 16c , July 12 , 1 Apr 15c Jan S8c 28c 9 1 9c 18% Jun _________9 9,300 Jun ^.00 July 18%. July 25 Jan 29c May J2c Feb p7/8 Jun 101,925 9c 14 |5% July 24 15'/a |9Vs Jan Jan 1.75 Mar Jan 25c 3%c 8V1 May 67/bC Jan 24 1,000 Apr Jun 39% July • Jun 20c 1,241 8 ;9c Jan 12 24 66% July 13% Jan Feb Jan 11% 23c Apr 5% 3c 197/a 66 1 50c Oils Ltd Freehold Petroleums L 550 * Jan L.37 Jap 6,371 Ashley 10% Mar 16 3,923 18% Products Mar Jan 1.00 Mar r 15% Western 29 14 Jun Apr ,1.80 July 1 73% July 9%c 1.00 |5c .* Jan 14% 45c Westeel Feb 72% Jun 1.25 July 6.50 Mar Jan Jun 15% Feb 19,900 72 ,16 ' 73% 11c Western Bridge Siscoe 4,700 85c 7c •18c Simpsons 50c 95,528 16% 3.50 Silverwood 50c 18% $2 31 Apr July 1.05 Jun 91c July 28c May 8.00 July 223A July 9 Maygill Gas & Oil Ltd— 16 * Standard 15% 15% 155,550 West 5 Vac 1 Silver 15% 20 37c Mar 12 Vac 12 Vac Gold- Siianco 69,250 47,075 1.20 78c July : Sapphire Petroleums Ltd Silver-Miller £4c 3.80 20c 150 1 Sicks* 50c 3.30 70,050 1,950 5V2C 600 8% 50c * A W Malartic 4,810 I6V2 9,957 8% 33c Jan _• .— & Waterous Equipment 63 * 49,900 1 Petroleum 61 100 8l%c 39% 3.40 25 Pyrites Apr 9V2c 6% 7%c 8% ,_U___. 40c Waite Walker 13 % 1 .— Cotton 23,075 1.96 7,567 65c 8% Apr , 1 .__v 111,315 __________—1 Sherritt Oils 31% —1 1 i Class A 6% : __i_j 58c Feb Jun 2,402 1.03 1 pfd Dare 13 Gold Shawkey •_ : 1.65 2.10 31c 15% 38% 8c 39 48c it Corp Sheep 1.00 * Mines Virginia 31'/a 61 Antonio Security 14% 1.00 9 Mines 9 Industries Scurry 15% _' Viceroy Mfg class A 25 —10 Saraia 17,060 31,350 _1 ,1.53 9 Vic 0 Oil common River Alloys Jun 28c Lawrence Sand t43c 1.62 Ltd 1.05 97c Ryar.or Mining San 39c 1.50 1 ' Cons Ventures 4,550 43c 1.55 I. Feb 30c Preferred St 7.25 „1 ' Jan 99c " _r_ Gold 7.00 7.25 Mines Mines 63c —1 .__ Royal Bank Russell 27 , High 11% May *50 Jun Apr 60 % 125 65c ___* 4%c -21c Roxana Oils Rupunum 143 Steel 1,300 —._—_____——.1 Rock win Mines Royalite 62 28% 68c * 22,700 1 ^_1 Long Lac 1. Rowan 62 28% j 68,000 26c 22,800 1 : Oils 86c 20c ,70c 4.80 18% 50 Hill Montauban United West Roche 400 25 1.81 Feb 28,112 .' A 75c 1.25 3,500 8.00 Jun 14c 1.60 Mar (28c 22% pfdi; Mines class 20c 22Vac 21 Vic' 7(|c 53c —1 r Rexspar Uranium -— Feb 84c 21%cMar 27c 7.50 8.00 _* pfd Violamac Batten • ■ 8V2C 10% July 40 % Apr 6% 22% __i B__ t Uranium? Petroleum B 2,242 J 6% July 385 49% - 1.0.5 * . Fuel Class United Apr 5.10 May Jan 9%c ' class United Keno t 1 — Mining: Oils 2.15 Corp :__J_L Asbestos United 3.25 67c 1 1; Gold Prado 7,420 United * Metallurgical Corp Mines T 35c 175 10% 48% _,.l Jun 1 Quebec. Nickel Rio 3.05 8M0 7.75 3.10 3aC July July 8.50 July 1 Corp Quebec Regeourt 7.75 s • Manitou Reef Mining Feb 5.05 5.25 S Low High 6% 49 1 Range since Jan. 10% 9 6,650 Shares J for Week Low 9 16,051 1 Quebec Rayrock preferred Gas 9.05 -_j_-—. Quebec Lithium & 2nd Sales Range of Prices _♦ common Union 13% 12% Acceptance Union 12 3,454 Union Jun 8.b5 _1 Quebec Labrador Rapid Grip Par July 3.55 Week's Last ~ Sale Price 9%c Jun 13 Quebec Copper Corp Radiore Jan 8.63 ___9 - . ' Jan 3 %c 18% 1—1 _ Quebec Chibougamau * 2.05 165 19 64 18 %' — _____ Puruy Mica Mines Quemont 18,408 8V2C Jan 1 — Mines Prospectors Airways Queenston 3.55 7c 47% STOCKS , High 856 1 —--r Dome Uranium Low 1 1 Metals- Preston Range since Jan. 64 u-' Friday t 3.10 3.40 * Prairie Oil Premier Pressed Shares High 60% 64 ' Corp JULY 22 WEEK ENDED for Week prices of FOR Sales Wei Last STOCKS ! .45 4f> The Commercial (354) and Financial Chronicle Monday, July 25, 1955 ... OVER-THE-COUNTER SECURITIES Quotation for Friday, July 22 Investing Companies Funds— Mutual Fund Aberdeen Par Investment Co Inc.———1.25 Par Trust Fund Business Shares American Mutual 6.70 investment 4.23 4.51 Johnston Inc—1 Fund 6.20 1 9.00 9.84 Keystone Trust Fund 1.69 15.60 12.53 25.55 4.09 11 % 5Va 13.62 27.77 4.47 12% 5% 13.19 14.44 S-3 22.78 1 —1 Ridge Mutual Fund Inc—-1 Bond Inv Tr of America—* Blue 24.49 S-4 (Low (Investment (Medium B-3 (low 19.51 21.14 21.14 B-4 (Discount Figures after decimal point represent 21.32 Fund_l Bid Federal Home 1.80s Aug. Oct. 1 26.66 17, 26.03 Nov. 15, 1955— Feb, 19, 1956. 28.40 19.34 21.10 Bonds) 1 Bonds)——1 12.09 (Income Pfd Stocks)——1 20.35 22.20 K-2 (Speculative Pfd Stks)__1 12.17 S-l (High-Grade Com Stk)—1 17.71 (Income Com Stocks)—1 12.67 13.83, (Speculative Com Stki__l 14.87 9.17 Coin 1 16.45 17.79 Keystone Fund of Canada Ltd-1 10.90 11.78 Knickerbocker 1 6.95 23.82 Lexington Trust Fund——25c 12.27 12.20 ' 13.38 Life Insurance 21% 7.33 8.01 45.06 1 11.71 12.66 1 18.22 2.35s June 1, Ltd Fund Bullock Fund California Inc— General Canada _ Inc——1 Trust——1 5.63 Shares 32.15 15.66 16.93 Chemical Fund Inc.— Securities Christiana Preferred Colonial com___100 15,700 100 140 —: —-1 Inc. Fund Investment Commonwealth Commonwealth Stock Inc— General 1, 2%s June Fund Concord 9.28 21.79 Steel 10.09 1 19.49 1 16.88 18.34 17.95 19.41 Investment Trust_l Mass shares Massachusetts Mutual Income Fund Inc——1 De Vegh Mutual Fund Inc__—1 15.95 i6.ll Mutual Trust Mutual De Vegh 10.61 18.35 —25c 2.68 2.94 —1 8.64 9.3.9 Inc— 31.88 Bond Fidelity of Fund Fund 19.74 21.11 Growth 4.60 5.03 7.10 Inc__ 5 Founders 15.54 4.04 4.42 New 14.41 15.79 New Fund——* 6.91 7.51 stock — Funds of Inc— 2 15.45 16.93 3.47 3.77 Inc Inc.. -1 Pacific 12.82 14.01 Petroleum 1 70.14 75.42 Philadelphia 7.41 8.05 —lc 10.41 11.50 12.59 Pine 7.01 8.23 1%8 Dec. 15, 1955 l%s March 22. 1956 2s June Inc—lc 6.11 Dec. 15. l%s March l'/aS April 2s Oct. lc 4.30 1 28.58 20.58 Shares—• 3.70 10c 12% 12% 5 com 26 % 27% Trading— Fund Fund Fund (T —5 40 18.00 19.64 1 21.56 Growth 13.36 29.45 I 6.77 1-55 b2.10 1-55 b2.15 1.95% 1 13.06 1-55 1.25%. 12- 1-54 9- 1-55 bl.90 1.60 % 1.60% 3- 1-55 12- 1-55 b2.15 1.95% 1.45% 1- 3-55 10- 3-55 b2.05 1.80% 1.95% 4- 1-55 1- 3-56 b2.20 1.95% 1.35% 4- 1-55 10- 3-55 b2.05 1.80% 2.15% 5- 2-55 1-56 b2.25 2.10% 1.60% 2- 1-55 11- 1-55 b2.10 1.90% 2.15% 6- 1-55 3- 1-56 b2.25 2.15 % 2.30% 7- 1-55 4- 2-56 b2.30 2.20% United States 14.10 Scudder Fund 41% 43% lc 8.13 8.91 6.74 7.39 10.29 11.27 Scudder, Fund 1 - of Canada Stevens Inc—1 Clark & Inc Scudder, July 28, Common * 37.19 37.19 Clark— & Stock 9.26 9.65 12.73 Sovereign 9.84 10.78 State Street lc 10.67 11.69 shares——_ic 3.18 3.50 shares lc 5.74 11.46 shares.— Stein 12.55 _lc Fund..: 14.78 1 Investors 1 Investment Corp.,* & Farnham Texas 16.18 Fund 22.87 25, United Industry Shares Inc—1 United Funds 99.909 Octber 99.871" 99.880 October 99.842 99.852 October 20, September 8, 1955 S9.813 41 77 43.02 Inc——1 16.93 17.45 1 a24.93 Inc Inc Funds 1955.—— Bank & Trust Canada of United Continental United United Science 9.67 10.57 Inc 1 Fund. 1 «8.95 18.09 19.56 lc 11.29 12.30 lc 11.12 12.16 11.06 12.10 Value Wall Fund Growth Fund_lc Institutional Income Fund Institutional Insur (White Street Federation 12.69 Fiduciary 22% 23% 7.80 8.52 Exchange Fund First Fund 8.20 Shares.l 19.52 Wisconsin Fund 9.97 10.90 1 7.56 8.26 Inc__l 6.34 6.93 Inc_l 13.55 14.76 1 20.93 22.87 lo Co Amer American Franklin 43 Va Casualty_5 36'/a N (Wash Hanover 5 Columbian Natl Connecticut Irving Trust Kings County 6.23 29% Merchants & Manufacturers 99 National Ins.—__1.2 Life Continental Assurance Continental Casualty Crum & Forster Employees Employers 30 10 570 _5 Co Iio Co Inci 10 Assn of Firemen's Franklin General of (S Great -s —II—II4 in ' " Republic.II I" " American 31" §pn^ife Fire *_tJacksonvilIe Fmover 14% Fire— National Union 67% New New Hampshire 31% New York Fire Amsterdam 43 Va 10 145 North 5 Casualty 2 Fire lo Fire 5 5 5 1n Hartford Fire Insurance~Co!"~in 52 58 60 51 48 51 94 103 346 ...—100 Bank & 339 Bk_100 530 550 490 510 Savings Trust Co 100 90 Cleveland— Bank. National 36 38 260 270 16 Central 200 67 69 -10 46 48 Connecticut— Bank 20 74 79 10 32% 34% 10 68% 70% .25 50% 54% Security-First Nat'l Bank—12.50 x53Va 56% Connecticut Hartford Bank- NY 56 5 . 59 77% -10 _ 80 Va 48 Va & Meadow 42 10 29 40 186 _ Co Trust (J 30 Va York 10 Co National new P) & 51 55 83 National First Trust- 27 100 303 .25 70 Va Bank Y__—5 & Trust 20 Va 10% .2 -25 States United N National Trust Co 197 19% 10 - 100 361 of Detroit City— National Bank Angeles— Pittsburgh— Mellon .10 Inc Bank Jersey 85 Bank com Co Royal State Bank of Rye National Bank Sterling Co_25 Bank Co 196 .20 _ Trust Brook Freeport Bank & Trust National Trust 50'/a 39 20 _ 37 3.33V3 10% 12 84% 89% 195 Pacific Fire Pacific Indemnity Casualty 12.50 10 Republic Corp (N st 40% 42 Seaboard Surety Co Security (New Haven) Fire Springfield & Fire Marine & 55% 58% Standard Travelers (ex 25% u S 44 45% U S 36% US Life Marine Insurance Fire Co 60% 60% 50 in Arkansas Brockton Bid Pwr 3%s Lt & 29 Va Trust__25 99 Va Peoples 1st Nat'l Bank & Tr__20 53% Nut'I Bank & 102 Va U 55% 320 St. 73 Va Louis— 22 Va 11% 207 First National National Mercantile St 21% Louis San Bank 20 Bank 17 57 Va 6IV2 63 Va 67 V2 Co. 25 64 68 Trust 20 68 73 S A—6.25 39 40 Va 3%s__1990 103 Trust Union 10 3 Edison Central Maine Francisco— of N T Amer & Power 66% 72 Power Dayton & Rubber Potomac 102% Southrn 101% 102% Tennessee 101 101% 105% Fruehauf Georgia Trailer Power 3%s Power Engl Tel 3%s_1989 Gas Trans Illinois 113% 102% 103% El 102 General Telephone 1995 100% 101 4.25% Central Power & Light— 3%s 1985 Merritt-Chapman Ohio 4.16% 101% 937/8 99% 1985 3%s 101 % 101% FOOTNOTES FOR 75 tEx-two-for-one 33 35% fEx par 100% a Net b Bid stock asset Gas 104 102 pfd—100 114% 115% 4.90 50 59 100 Gas 100 Pipe preferred t New dividend. x y to listing on Exchange. stock. Ex-dividend, wi When * 60 Light— 100% 102 Transmission— Stock dividend. ; & Corp— preferred Transcontinental split. value. yield pricq. Tenn Power k Admitted stock 102 103 103 104 100% 101 % Line 100 OVER-THE-COUNTER ISSUES value. stock 101% 101% preferred 4.90% 1975 Edison •No 102 Scott— & 4%s 100% 1985 preferred Paso Nat Gas 4.40% Louisiana Jersey 100% Stocks— 112% 101% 1975 Telep 3%s Bell 1975 4s 3%s__ 1980 West Texas Utilities 3%s 1985 3%s 81% 36% Elec New 1985 3%s_ Water Ask 106% 1970 Hackensack 69% 175 Bid Bonds—(Cont.)— 102% 102 3%s—1985 4s 78% 163 Ask 102% Light 3%s_1980 119% .34% Security Issues Washington Gas Lgt Dallas fiEx-50% -2- Bank 1985 3%s 115% the x..4 371 1985 53 10 : .WpsfnhpKter 80 58% 56% 10 Fidelity & Guaranty Co Recent Bonds— 94 10 20-1 stk split»_100 City of N Y . 15% , 10 Fire 35%- , 29% 14% 6.25 Accident 82Va 23% ■ 27% 10 66% 77% 53% 31% 89 2 (Texas) 64% 151 30 10 Y) 75V2 Paul 71 10 Reinsurance 91 Va 67 67% 5 Co.-! 62 10 . Co Providence-Washington — 40% __ 54 '34% Northeastern — 180 50 45% 132% 51 % 106% 43% 128% 175 102 2.50 190 I46 . River 79% F7a%2 V, 13% Assurance Northern 87V2 85 Va 91 100 62% 72% 4 72 Reinsurance Corn Glens Falls Globe & 69 Va Peerless ' Newark Life 178 5 Fire Phoenix 2 tn Natl 51 Merchants 590 38% 60% .10 43% 49 82 4 Trust & 512 41% 10 F» 10 5 76V2 of Md_ "10 Philadelphia-II'in Fund Life 1 79 Fidelity & Deposit Fireman's National 73'/a " Island Trade Casualty—— Massachusetts Bonding.— I_« Group Assoc Reinsurance. Federal Fire 100 122 492 27 % 41 Va 52 Trust—25 Trust—33% and 167 96 140 57% 118 162 6% 5 38 Illinois Bank National Harris 31 43 Ask 55% 38 V2 6% 10 Ask 36 C)~_1 J)__5 Bid 94 135 Maryland (N First Boatmen's 33 Lincoln 62% Bank Natl Bank I).,. Trust 5.76 129 36 170 Bid 35 50 Bank Manufacturers —10 38'a 5 29 of Commerce .10 _ Long Ins— 49 Amer General Life Cl 34 V2 D (L Co (Thei 27.43 Jersey Insurance Co of N Y—10 Life Insurance Co of Va 20 36 Va io Life N -10 17.51 Amer—5 46 Co_5 10 of | Standard (Greensboro 10 .Detroit— Industrial Bank 29.36 5 J>—2'/2 25 Ins Jefferson 29% 41V2 Shippers Life 39Va 27% Boston Insurance Co Camden Fire Ins Assn Colonial % 40 158 20 Square 25.37 10 . North of Albany Bank City Guaranty Trust New : Co Trust Rochelle 1 Steamboiler Insurance 5 Re-insurance & 285 2 — American Surety Automobile Bankers 37 Assur (Newark Mercury 276 38 152 10 National Morgan Home & Westchester New 16.33 Par Hartford 76 Va City Continental 55 16 Y) National 26 94 Companies — N York 1 Ask 73 10 _. Amer Ins Co Bid 264 of Chicago— National Bank 1 Inc $1.25 conv preferred American Home Assurance 99.609 21.23 1 Inc lo Tr_ .25 10 1 Whitehall 10 51 Va Suffolk 7.50 Inc 7.70 17.51 Surety 49% & Bk Huntington 1 Wellington Fund 7.04 Insurance Co & 99.682 99.649 99.601 N. Y.— Bank Los 16.01 Par Bank- -10 State Trust. New of Fidelity 99.672/ 99.638 1955— 1955 64% National of First Mutual Investors Insurance Equitable 99.725 Par State 53% 78.50 Franklin Investing Corp Washington 62% Plains 30.75 16.30 Fund lc Automobile 99.710 1955— 13, Northern 11.55 Inc Income Fund—lc American 99.754 1955— Companies County Trust Co 14.99 Van Strum & Towne Fund Institutional Shares Ltd— Fund Line 254 51 Va Bank Empire Trust 10.36 Fund Value Line Fund 9.78 1 Investors 246 12.50 Corn 1 Ltd Income Fund 2.82 100 — Trust Manhattan First Fund 17.61 American 6, Albany, York New Bankers of 2.58 American 99.795 1955— 99.741 Ask York— Fund—1 Accumulated Bid Par New 11.64 Inc— United 16.29 Insurance 99.783 99.824 of 1 Agricultural £9.900 1955— 30.75 1 Income Foundation Fund Inc 10c Life September 22, September 29, 1, 76.50 4.61 10.12 & 99.936 1955—— 18, August 1 Inc 4.19 9.24 Casualty 99.929 1955- 15, September 1 Fund Canada lc Aetna 99.964 1955— 11, 1 Roe -lc Utility shares Aetna 99.958 — /Ask Bid September 1955—,. August Dollar Value 99.989 Chase Television-Electronics Fund Templeton Growth Fund of 6.30 lc shares shares Aetna Treasury Biiis Ask 99.987 1955— 4, Bank ; Stevens 11.62 shares Institutional 2- Dollar Value 14.12 12.88 Fund-lc shares—lc Bank 1.90% 12- 13.20 Institutional Ask 11- 7.32 Fund Inc -lc Inst Foundation Bid 2-55 6- 29.75 Inc*_ (Geo) Boston Due 5- 14.52 Fund Fund lc of Dated 2.05% Stock Putnam shares Income Rate 2.05% 13.75 Fund Ask 1.50% 12.26 Income 96.28 96.4 95.20 1.50% 12.56 Incorporated Incorporated . 22.03 2.50 Inc.—— Rowe) 35 ._* Inc_ Inc. Puritan shares Fund 1960 bl.85 Commercial Hudson 1, bl.85 August 9.38 „ 8.86 Fund l%s April 55 August 13.97 Haydock 97.21 96.20 1-55 Bid 11.42 Mutual Fund __ 95.28 95.12 1959 100.27 Bid Due 23.23 8.08 Guardian __ 97.16 1 Chem Growth 1959 97.28 97 8 97.19 1959 1, 1, __ 8- 10.22 Tobacco 97.20 — 8- 13.25 stock April Oct. 98.18 „ 1958 1958 15, l%s 99.13 2-55 22.87 equipment l%s Feb. 1 %s 98.28 99.11 1-54 9.45 Railroad 1957 1, __ - 5- 12.25 Steel 1, 99 98.26 _ 11- Shareholders Trust of Boston—1 Southwestern Investors Inc 1 Bond 1957— 1957_: 1. 100 100.25 1957 Dated Sejucted Amer Shares new._l.25 Petroleum 15, 100.3 99.24 Ask 98.24 _ 1.25% 10.42 RR 15, 99.30 1957 15, l%s Oct. 99.16 —— point Federal Intermediate Credit Bank Debentures 14.56 Railroad 1, l%s Oct. 99.24 4.71 21.53 12.76 Bond Aug. 100.2 100.1 1956— 1, May 2s 100.2 99.29 1956 1956^ March 9.51 Institutional l%s 99.28 100.2 100.1 1956 a Bid April l%s April 15, 1, of Notes—(Cont.)— 1 %s 100.1 1955— 15, Aug. 13.30 Merchandising 100.2 Notes— l%s lc Mining 100.1 32nds more 6.69 10.43 shares bond i—— 1956 w i 22. Treasury Industrial Machinery shares_lc General 99.26 — w or 8.99 lc shares—lc shares.; administered 99.6 13.61 lc Stock 1958 Maturity— Treasury 100.1 1955——— 15, one Ask 5.36 lc Equipment shares— Fully Price Electrical & 10.47 6.41 —lc shares Electronics 9.58 4.90 —! & Street Pioneer shares (The) 99 Mortgage Assn— 20, 11.40 lc Trust Building shares— Capital Growth Fund—1 Common 8.09 17.03 . preferred— —1 Corp shares Chemical 12.21 7.40 1 Amer Investors $1.50 Securities— Automobile Bid Canada Trust 1956 Aviation 11.17 1 Ltd Inc———__————1 Food of 1955- Capital 97.16 98.12 1.95% 1 Series-.. American Series Investors Group Canada North Series General Natl 2%s Jan. Indebtedness— Capital Fund 8.68 General 20.66 1 Fund 11.32 Fund Federal 98.30 97.28 97.8 98.4 1960 21.39 19.11 1 . England York 7.92 Investors 19.77 —1 Stock 10.33 Industries ! Series Series- series—lc Fundamental Futures Aug. 15.22 1 Series-— series—-^—lc stock 14.00 1 Stock 100.1 97.20 1959 11.01 1 Fund Inc-- 14.37 Preferred 1960 1. 14.85 1 Resources Inc-1 Common l%s Rate Corp Resources Fund Boston—1 Custodian Franklin 1, 2%s June 40.82 10.03 14.85 1 interest Natural of Fund 37.76 Securities— Natural 13.09 May 98.6 98.14 7.36 11.98 Mutual Formula 98.22 99.26 Figures after decimal point represent Shares— Series— Stock 20c Industrial Fund Financial " Fund Preferred 22.88 Eng.— New 1958 Nov. 32.21 1 Series Income 29.79 Inc.—— 1 National Security Series— Balanced Series-. 1 Inc..— Fund Federated 99.29 I960— of 2%s Corp.—. Investors 21.40 Corp—1 Investment Electronics Wide 1 ——— 1957-55 1, 1, 2%s 99.20 98.6 1, 98 99.12 100.2 U. S. Certificates of Indebtedness & Notes 1 %s 1 - — 34.46 Stock Fund Fund Speculative Fund- Fund Stock Gas 9.68 16.27 Howard— Balanced Equity National 2.50 Fund & Eaton 12.78 Shares— Shares——— Dividend 11.60 Fund—1 Investment E Dreyfus of Nation Ealanced Trustee Series 60.41 12.51 1 Diversified 3.85 3.84 9.34 beneficial 59.81 111.38 Growth Diversified 3.49 lc 3.48 Life Invest 1 Fund Stock 3.54 8.52 Shares Diversified 6.78 3.21 — 15.51 Fund— 6.16 1 Inc__10c Growth 471/, Delaware lc Fund Inc— 14.19 - —_—— Investors Trust-l 4414 Fund Income lc 4.81 .—— Bond Investors Fund Inc Investment Western Dividend 4.75 21.12 1 — 6.71 4.31 shares— Massachusetts Inc Inc 6.10 4.37 Transportation shares——lc Manhattan 5.38 shares—lc Equipment shares_lc Special Investment— 12.18 Ask 100.8 100.4 1956 11.32 4.89 lc Industries Petroleum 145 ll.21 shares 1 Crown 1956— 1, Certificates shares— Paper 16,300 20.07 1 Fund-—1 — Fund Composite Consolidated 10.47 Funds- Electrical Composite Bond & Stock Fund Fund—* Mutual Automobile 6.17 29.74 —50c Capital Venture Fund Century Investors Inc—1 Sayles Managed 19.72 point 100 99.22 Maturity— Inc Fund Canadian Loomis Fund-— Fund Ltd (1954) 100.1 1, 2%s Feb. 1956 45.05 Inc 2%s May 1%S Oct. for Cooperatives— Feb. 22% 1 Bank 1.90s 113.41 1 Central 7.62 22.03 Fund 99.31 99.29 1U0 _ a Bonds- 10.01 Priced 19.32 Bowling Green Fund Inc—,--10c Broad Street Invest Corp„——5 Boston of Bid 100.1 Eank 16.22 Stks)_l 32nds more Land 2%s 13.29 S-2 99.31 . 13.20 K-l 1955 or Federal 1955— 1.90s 2.25s 27.82 Bonds)-l Bonds) 15, one Ask Banks— Loan 2.05s Funds— Grade Priced Obligations of Government Agencies Ask 10.23 Boston—1 of B-l F.id 1 9.36 Mutual B-2 Axe-Houghton Fund "A*' Inc—1 Axe-Houghton Fund "B" Inc--5 Axe-Houghton Stock Fund Inc_l Corp —. Holdings Corp America Custodian 1.54 Beneficial of (The) 14.31 Development Fund Inc——1 Mutual Blair Funds— 1.53 American Associated Mulual Ask 1.40 Affiliated Atomic Bid _25c — issued. Ex-rights. the New York Volume 182 Number 5449 The Commercial and Financial Chronicle ... THE COURSE OF BANK CLEARINGS Third Federal Reserve District—Pbiladelphla Week Ending July 1955 Bank clearings this week will show increase compared with an a year ago. telegraphic advices from the chief cities upon indicate that for the week ended Saturday, July 23, clearings for all cities of the United States for which it is possible to obtain weekly Inc. or $ $ Dec. % clearings will be 16 1952 1953 $ $ 1,960,699 ' 1,730,281 + 13.3 1,486,620 1,332,657" 1,723,182 Bethlehem Chester of the country, 1954 Pre¬ Pennsylvania—Altoona liminary figures compiled by us based 4? (355) 1,512,643 +13.9 1,923,476 1,188,677 2,188,595 1,607,77ft 1,944,465 + 12.6 5,712,855 5,215,642 + 9.5 2,253,613 4,868,203 1,190,000,000 1,148,000,000 + 3.7 1,097,000,000 1,119,000,00ft Lancaster Philadelphia 2,181,572 at $21,209,177,419 against $19,431,274,803 for the there is week follows: the At this center week in 1954. same gain for the week ending Friday of 4.4%. a Our preliminary total stands Our comparative summary for Reading 3,803,625 4,206,b83 Scranton 7,354,222 6,075,164 + 21.1 6,748,187 Wilkes-Barre 9.2% above those of the corresponding week last year. 4,598,948 3,250,252 + 41.5 3,591,874 —10.7 8,469,791 7,278,400 2.1 13,680,608 13,352,829 4.6 12,133,479 9,162,483 3.6 1,153,075,393 1,171,673,206 York 8,448,402 9,462,483 Delaware—Wilmington 14,917,023 14,614,974 New 12,447,956 13,049,367 Jersey—Trenton 9.6 — + — 3,612,167 3,606,173 j 7,264,7533,005,25 V ' * Total cities) (11 1,253,155,507' 1,209,061,954 + CLEARINGS—RETURNS BY TELEGRAPH Week Ending July 23— 1955 York New % 1954 $10,311,242,342 1,216,000,000 630,984,603 13,261,171 283,379,434 260,626,268 + Cleveland 543,154,311 480,263,534 7.4 Columbus 58,981,500 + 1,132,000,000 638,909,680 Philadelphia 12,976,724 Cincinnati + 932,492,034 Chicago Ohio—Canton + 16.7 $9,880,826,530 1,088,527,769 ; Fourth Federal Reserve District—Cleveland— 1.3 + 4.4 52,410,600 2.1 10,785,666 8,522,77S 8.7 271,667,868 244,725,374r + 13.1 509,424,433 453,080,909 45,423,800 — Kansas City 452,866,065 Francisco San + 11.5 393,300,000 Louis St. 406,089,556 359,000,000 + + 12.5 49,762,100 Mansfield 12,830,935 10,357,638 + 23.9 10,425,402 Youngstown _ Boston 15,246,295 11,652,388 + 30.8 12,080,244 9,273,612 468,071,038 378,834,281 + 23.6 381,301,655 344,435,451 1,394,640,237 1,207,405,880 +15.5. 1,245,447,368 1,112,422,153 Pennsylvania—Pittsburgh 6,960,277 9.6 669,484,000 568,403,917 438.149,573 381,407.902 582,948,791 502,129,198 + 16.1 353,594,599 299,624,112 + 18.0 (7 cities) .... + 14.9 Cleveland Total + 17.8 Pittsburgh Fifth Federal Reserve District—Richmond— Baltimore Ten cities, five days. $16,145,022,819 $15,092,957,852 Other cities, five days. 4,261,795,500 + West Virginia—Huntington Virginia—Norfolk 7.0 Bouth + 17.9 3,615,256,625 All cities, five days. $20,406,818,319 $18,708,214,477 cities, one day $21,209,177,419 $19,431,274,803 + 18,872,000 167,323,236 Carolina—Charleston Total 2.8 + 4,181,731 + 17.2 19,954,000 + 8.5 172,521,371 + 3,886,60* 20,614,000 175,4l2,53> 7,218,260 11.9 5,781,057 5,602,658 320,374,845 + 7.6 330,541,028 297,076,807 135,601,743 124,245,704 + 9.1 114,640,201 107,799,UJ5 695,769,036 (6 cities). 6,451,886 344,877,589 - District of Columbia—Washington.., 9.1 + 11.0 723,060,326 802,359,100 Total all cities for week. + 4,387,881 22,110,953 181,451,221 Maryland—Baltimore Total all 4,509,270 - Richmond 641,655,552 + 8.4 647,619,388 610,421,991 9.2 Sixth Federal Reserve District—Atlanta- Complete and exact details for the week covered by the foregoing will in issue of next week. our We cannot furnish them today, inasmuch as appear the week the Saturday figures not available at time of going to press. are elaborate detailed statement, however, which we present further below, the In we able to are July 16. has to be estimated. cases give final and complete results of the previous week For that week there was a — week ended week same 16.8 106,862,881 95,406,531 316,700,000 339,600,250 7,304,525 6,147,931 + 18.8 7,539,665 6,713,546 4,813,616 + 39.5 7,213,583 6,516,054 Florida—Jacksonville 207,545,614 171,829,335 + 20.8 152,003,536 130,388,753' Alabama—Birmingham 166,660,009 192,733,689 —13.5 132,700,178 138,457,196 11,411,343 + 16.1 13,249,299 Mobile in 1954. Outside of this city there was decrease of 16.7%. a We a gain of 8.0%, the bank clear¬ group the cities according to the located and from this the New York Reserve District (including this note that in we city) the totals record a loss of 16.0%, but in the Boston Reserve District the totals register a gain of 4.6% and in the Phila¬ In the Cleveland Reserve District the totals are delphia Reserve District of 3.6%. + 5.0 597,940 430,466 + 8.5 151.308,616 148,216,754. 1,097,349,573 Orleans (10 cities)., 1,008,267,285 + 8.8 912,684,676 897,385,C83 Seventh Federal Reserve Michigan—Ann District—Chicago2,632,503 Grand Rapids Lansing Indiana—Fort ! Bouth larger by 15.5%, in the Richmond Reserve District by 8.4% and in the Atlanta Re¬ District by 8.8%. The Chicago Reserve District enjoys an improvement of 9.6%, the St. Louis Reserve District of 3.6% 4.5% Dallas Reserve District of in the and the Minneapolis Reserve District In the Kansas City Reserve District the totals show an of 10.6%. in and the increase of 3.4%, San Francisco Reserve District In the following we furnish SUMMARY OF BANK $ Dec. % 1952 4.994.119 34,798,191 5.4 15,614,517 14,499.151 1,636,120 + 7.9 983,459,897 + 5,513,393 16,038,087 15,201,164 14,439,289 9,404,191 6,584,091 5,897,936 + 11.6 5,452,275 5,072,067 1,463,324,406 1,335,260,987 9.6 1,350,933,090 1,232,908,658 0.1 _T_ 4.6 698,481,025 —16.0 9,113,489,450 9,072,766,305 165,099,146 107,558,537 3.3 2,403,063 3.6 1,153,075,393 1,171,673,206 2,bl*,6o8 660,442,537 637,648,220 + 3.6 647,115,396 625,072,571 +15.5 1,245,447,368 1,112,422,198 8.4 647,619,388 610,421,991 eth Atlanta 10 " 1,097,349,573 1,008,267,285 + 8.8 912,684,676 897,385,085 7th Chicago 17 " 1,463.324,406 1,335,260,987 + 9.6 .1,350.933,090 1,232,908,658 8th St Louis 4 " 660.442,537 637,648.220 + 3.6 647,115,396 625,072,571 Minneapolis 7 " 589,470,710 533,073.119 +10.6 498,262,522 469,888,312 North 9 " 691,767,249 668,711.061 + 3.4 616,414,499 650,748,484 Bouth 6 M 510.086,146 488.244,257 + 4.5 458,709.243 444,631,536 + + 1,212,242,322 1,084,868,205 +11.7 1,027,763,665 21,434,068,552 — 5.2 18,369,995,715 add our now 10,002,815,888 + 8.0 9,726,954,635 Cities) (4 ended July ' ! 1955 Ending 1954 $ $ ! July 332,040,501 333,320,+Co 8.8 126,540,927 97,437,0"*3 + 18.5 + 8,305,720 8,437,142 7.8 5,225,722 4,960,9+7 9.7 5,328,102 5,014,^9 3.7 11,858,990 13,108,423 +10.6 438,262,522 469,888,312 10.528.234 Helena * + 13,685,220 — 589.470,710 Montana—Billings 6,023,611 13,183,870 - 5,263,232 6,607,047 Dakota—Aberdeen 8,883,909 4,853,932 Dakota—Fargo 4.0 533,073,119 — (7 cities) 950,715 1,066,973 866,934 +37.7 839,570 994,463 —15.6 918,117 953,105 10,881,971 10,549,253 + 3.1 Omaha 16 1953 Inc. or Dec. % X 1952 s First Federal Reserve District—Boston— 156,817,421 165,306,166 — 5.1 9,763,898 156,901,662 9.512.8JJ 166.980,665 —15.3 4 20.8 + 6.7 + 4.8 +38.6 23,497,389 23,410,962 395,205,885 11,505,098 4,411,397 415.718.3o913,613,682 3.681,921 3,633,364 3,401,7o4 3.4 616,414,499 650,748,484 12,612,757 408,822,037 37,111,799 7,308,000 7,098,521 0.1 4.0 +10.6 — 5.1 — 0.3 10,342,922 387,906,530 34.215.766 6,976,000 6,354,968 9,347,769 374.529,724 35,483.882 6.47tt,000 6,260,035 17,174,073 15,291,143 +17.5 12,913,057 12,527,126 510,086,146 488,244,257 4.5 458,709,243 444,631,536 1,193.971 Nebraska—Fremont 7,677,546 6,415,137 620,595,902 597.209,005 3,706,092 2.515,372 +11.8 2,229,801 31.338,506 25.946,853 455,801,017 14,626,672 8,318,381 427,341,782 13,950,522 6,144,800 Wichita City Joseph , Colorado—Colorado Springs 5,885,919 5.089,512 3.9 568,287,176 543,000,751 3,266,310 3,738,785 (a) Pueblo +19.7 13,871,503 11,749,740 Kansas—Topeka Missouri—Kansas St. 2,465,378 2,756,362 Portland + 12.0 + 8,794,238 Lincoln Week Massachusetts—Boston 7,609.842 356,631,329 133,791.580 9,143,064 Minneapolis St. Paul_ Tenth Federal Reserve District—Kansas City- 16 for four years: Maine—Bangor 8,962,560 399,527,709 145,626,854 Minnesota—Duluth 9,210,946,839 detailed statement showing the figures for each city and for the Clearings at— + Ninth Federal Reserve District—Minneapolis- Hastings week 378,000,000 17,943,049,989 10,800,848,037 city 378.100,000 Louis 995,406,435 20,321,809,458 Total Total York + + 641,655.552 New 9,989,553 2,845,478 1,207,405.880 " 14,280,722 8,633,478 349,800,000 695,769,036 10 15,570,566 176,842,360 1,394,640,237 110 Cities 5.5 + 53.5 + 116,469,973 " Francisco 4,532,943 351,400,000 " Total __L 917,026,134. 6,060,927 4.1 « 11th Dallas 1,859,131 1,014,980,915 + 12.9 7 City (17 cities) 1,526,824 7.8 +14.4 + 1.209,061,954 We 5,071,049 39,023,323 + 137,103,188 1,253,155,507 outside + 17.1 + 24.3 14,951,887 119,699,554 " 12th San 5,652,252 38,472,605 124,545,515 2,940,648 11 Kansas 8,918,617 154,856,374 Srd Philadelphia 6th 103,920,833' 10,481,073 Tennessee—Memphis Illinois—Quincy i 723,709,685 10th 3.886.118 108,549,926 6,309,720 Missouri—St. 11,896,162,347 ' 4,435,748 114,604,388 Kentucky—Louisville 659,725,208 + 11.9 + 15.4 +11.3 $ 757,225,394 Richmond + 4,347,614 1,765,252 1,059,880,312 Rockford 9.996,336,341 6th 9,163,723 6,618,458 Peoria " <th Cleveland 7,360.797 15,751,246 Decatur 11 _12 cities Boston 8,49,.602 79,228,030 2.7 47,822,134 City Illinois—Bloomington Chicago 2nd New York 1st 9,802,792 77,816,000 + Eighth Federal Reserve District—St. Louis— 1953 Inc. or $ $ Week Ending July 16— + 12.6 9,355,870 87,946,000 127,581,071 Moines Sioux Total CLEARINGS 1954 1955 12,507,786 9,800,825 5,016,472 _» Iowa—Cedar Rapids by Federal Reserve Districts: summary a 1,536,927 16,198,149 + 95.6 10,252,108 Bend Springfield of 11.7%. 1,914,703 + 25.4 10,449,086 10,533,941 — Haute Des + 19.7 17,005,781 90,339,000 Wayne Indianapolis Terre 2,199,080 21,320,168 20,440,554 Arbor Wisconsin—Milwaukee serve 8,883,398 567,688 159,773,400 clearings for decrease of 5.2%, the aggregate Districts in which they are Reserve 10,269,056 596,218 173,426,792 Mississippi—Vicksburg Louisiana—New 5,216,775 having amounted to $20,321,809,453 against $21,434,068,552 in the ings at this center showing Federal 23,239,237 + + 14.4 Augusta Total the whole country 28,512,832 106,093,977 327,500,000 Macon Accordingly, in the above the last day of the week in all —15.3 123,952,283 374,700,000 Nashville Georgia—Atlanta ends Saturday, and 27,396,306 23,201,287 Tennessee—Knoxvllle 9,626,974 12,408,214 2,427,113 — 3,180.353 +16.5 1,618,815 1,272,289 +27.2 1,176,119 1,430,480 4,148,118 3,555,338 +1G.7 3,660,241 2,621,734 Springfield 14,119,740 13.017,565 + 8.5 12,304,257 11,412,734 Worcester 10.104,685 9.880.999 + 2.3 11,624,941 8,960,104 39,513,887 3 9.002,272 + 1.3 37,961,502 32,125,429 22,236,270 17,495,564 +27.1 15,716,704 14.465,927 28,133,000 27,679.300 + 1.6 33,439,600 2,536.485 + 3.1 2,642,884 1,969,623 757,225,394 723,709,685 + 4.6 698,481,025 659,725,208 668,711,061 691,767,249 cities) (9 + 33.992,000 2,614,977 Total Fall River Lowell New Bedford Connecticut—Hartford New Haven _ Rhode Island—Providence New Hampshire—Manchester Total (12 Cities) » / York—Albany Blnghamton New 108,923,658 4,044,652 123.874,406 2,907,633 Jamestown Worth 2.912,913 3.165,897 9,520,961,421 Rochester —14.4 123,883.222 24,148,219 — 1.8 4,490,125 3,898,247 + 6.2 126.951,654 119,749,642 — 0.2 2,958,059 2,137,912 2.744,3-33 . +15.4 2,138,496 2,138,817 11,431,252,664 —16.7 8,643,041,080 8,732,103,150 4.6 31,440,172 6.936,000 I 7,079.93 5 Total (6 Cities) + + + Twelfth Federal Reserve District—San Francisco— 181.393,917 175,157.114 + 3.5 172.9«,009 6,621,855 207.445,451 ' uta&ait + 8.8 + 12.6 4,826,949 185,185,345 70,453.299 95,465:179 23,802.682 20.151.602 626,213,263 I 6.086,843 184,257,187 80,773.805 27.263.777 — ' Oregon—Portland 17,676,807 558,410,573 176,132.020 4,b03,Bou 175,434,660 75.992.8bo stodftoni&i™ 6,881,553 +is.2 + 14.5 + 14.0 +12.1 +30.1 +15.4 n^os +15.5 11.145.199 n.662,130 1,212,242,322 1,084,868,205 +11.7 1,027,763,665 995,406,435 cities) 20,321,809,458 21,434.068.552 — 5.2 18,369.995.715 17,943,049,989 Outside New York City. 10,800,848,037 10,002,815,888 + 8.0 9,726,954,635 9,210,946,859 Lake California-Long Beach Pasadena San Francis^ San Jose 1""" 26 771 186 7.938,413 20,584.832 22,592,512 16,478,490 515.100,404 17,718,775 5,319,683 22,4.8 1.0 lo,710.b/7 48+814.696 17.746.19+ 5.82o.l58 26,106,397 37,310,331 Syracuse I Louisiana—Shreveport Santa York " Falls Galveston Yakima 93,220,144 3,971,901 Elmlra Fort Washington-Seattle 131,594,093 Buffalo 12,615,107 425,238,296 41,042,735 Dallas Wichita Second Federal Reserve District—New YorkNew Eleventh Federal Reserve District—DallasTexas—Austin 35,686,0 41 + 23,895,365 19,374,233 +23.3 22,153,201 19,346.010 Connecticut—Stamford 26,397,893 26,002,822 + 1.5 23,245,837 20,336,443 New 71,256,616 67,220,581 + 6.0 63,627,709 Barbara Total (10 cities) 56,323,010 Jersey—Newark Northern New Jersey Total (11 cities) 81,655.047 9,996,336,341 ^74,126,039 +10.2 69,559,895 11,896,162,347 —16.0 9,113,489,450 f / / 66,478,453 9,072,766,305 Grand total (110 (a) Clearings operations discontinued. ■ 48 (356) The Commercial and Financial Chronicle... Foreign Exchange Rates Pursuant to the requirement of Section 522 of certifies DIVIDENDS the Tariff Act of 1930, the Federal Reserve Bahk daily to the Secretary of the Treasury the buying rate for cable transfers We give below a record for the week just passed. the on EXCHANGE RATES CERTIFIED BY JULY FEDERAL 15 TO RESERVE JULY BANK 1955, 21, ACT OF Company Delaware Fund 1930 Power Dennison Mfg., & Country Monetary div.) Light class debenture Denver Union S^are ■ (stock Delaware INCLUSIVE A stock iquar.) 8- 37 >/2C Yard Detroit July 15 Argentina Basic .200000" .200000* peso— Preferential Thursday July 211 July 20 July 19 $ $ $ __ Wednesday Tuesday Monday July 18 series A • Free Australia, pound™.--—-Austria, schilling Belgium, franc— .133333" .133333* .133333* .133333* .0717487* .0717487* .0717487* 2.217795 —. _______ —-— 2.218210 .0385802* .0198583 .325350 .325300 .325300 1.016093 1.015937 1.016354 Divco .208350 .208350 .00435401" .00435401* .00435401* .00435401* .00285625 ' .00285625 .00285625 .208350 .208350 .00285625 (Metropolitan), franc Germany, Deutsche Mark..— .237297* .237337* .237337* .237317* .208350 .208350 .208350 .208350 2.783437 2.783958 of, Ireland, pound rupee——— ——— Mexico, peso. — Union of franc— South —— 2.756291 2.756497 2.756188 2.756188 .140080* ,490766* *0349999 .496766* .496766* .0349000 .0349000 .193330* .193330* .496766* .496766* .0349000 .0349000 .193330* .233325 .233325 .233300 2.773349 2.784151 2.783750 2.783697 Inc. (quar.)__ Ltd. July 20, G-old certificates July 13, 1955 1955 July 21, 1954 20,161,101 Redemption fund for F. R 2,997 230,999 836,973 2,000 Total gold certificate reserves— & 246,852 July 13, 49,830 1955 348,805 29,920 66,624 476,807 379 .__ advances Industrial loans 17,490 570,119 . Discounts and 67 671 — Acceptances—Bought outright 12,389 3,033 Assets— Loans Loans adjusted* Commercial, industrial, 12,389 U. 8. Government securities: Loans Bills 1,222,200 Certificates 8,273,775 Notes Total Total S. Govt, loans Due from securities— and securities— foreign banks Uncollected cash premises & 770,875 Linoleum Coal. — 24,526,449 770,875 63,524 + — 282,350 22 78,534 + 57,715 160,483 accts. Treasurer—general 18,809,901 acct. 564,133 Foreign 439,074 Other ! 414,923 Total deposits Deferred availability cash items. Other liabilities and accrued divs. + 789~097 + 418 + 3.951 + 6,475 + 43,897 + 187,875 + 327,653 liabilities 92,557 + 315,631 + 53,182 + 226,588 28,253 9,743 — 20,228,031 3,658,164 + + 19,446 289,473 14,596 — 14,399 + 599 49,790,096 : 330,694 189,874 + 182,919 + — + 12,633 479,682 458,211 Ratio to liab. of gold 296,029 Co.. capital certificate and F. R, 188,247 accts. 50,962,816 ances Reserves with Cash vault. in Balances with iquar.) purchased loan 22,692 4,803 + 187,875 on 45.5% 24,882 + 327,653 for .2% .4% accept¬ foreign 23,749 commitments — 3,503 + ,1,984 14,643 65 1,071 Condition Statement of Member Banks The condition statement of weekly reporting member banks of the Federal Reserve System in leading cities shows the following principal changes for the week ended July 13: An increase of $777 million in demand deposits adjusted and a decrease of United States Government deposits. Commercial, industrial, all districts and $458 million in agricultural loans in¬ total of $139 million at all reporting member banks; the principal increases were $25 million in the St. Louis District, $18 million in the New York District, $16 million each in Chicago and in the Kansas City District, and $14 million in the Dallas District. Changes according to industry appear in an¬ other press release. Real estate loans increased $30 mil¬ lion and "other" loans .increased $33 million. Holdings of United States Government securities de¬ creased $134 million, with all categories showing de¬ creases. Holdings of "other" securities decreased $62 million in New York City and a total of $117 million at all reporting member banks. Demand deposits New York City, adjusted increased $200 million $97 million in the Cleveland 199 + 94 domestic 2,599 + 17 banks— demand Domestic + 21,563 — banks Federal 1,475 — others * Exclusive Reserve loans to loan banks items and after shown are 34 + Sullivan + 496 372 and + 625 National Mfg. Fonda, 4% D.) 2nd 1st preferred Johnstown 1st Indian Head Mills, District, Co., Gloversville & Fanner stock com. Inc. Aug 22 preferred PARTIAL Inc., s. 4%% f. 1st mtge. 1975_. bonds due & Brown & Duriron Frito & Ohio 1962 stock Co., 13 42626 53 1 1995_. preferred Corp., Ltd., stock 2 » 37/a% 1st 8 111 1 42582 42695 ..July 27 preference stock 53 Co.— Co.— gold bonds due 1960 8-31 7-13 9- 50c 5c Sterling. Class B 8- 1 7-20 8-31 9- 12 20% 1 8- i 11-1« 8-15 12-23 ♦Announcement in this issue, tin Volume 181. 53 1 1 8- I 15c 8-26 8-15 8-26 8-15 , (quar.) 68 %c (quar.)—_ 8-26 435c 20c : (quar.)_____ • 8-15 1 7-15 9- 9 8-30 1 9-24 7-30 2% 7- a 9-16 8-26 12-16 40c <* 7-15 8- 75C —, 7-15 10- . 50c 11-25 ' (quar.) of Maryland— $1.50 1 7-16 90c 7-30 7-14 $25 8-31 8-24 55c 9-15 60c 8- I 7- $1.75 8- 1 7-15 (quar.).:— 30c 9- 1 8-20 9- 1 (quar.)__ 62 %c 10- 1 9-17 7-27 7-13 Field (s-a) & 8- Co. —— - Philadelphia (quar.) Bank.(N. Y.)— 8-19 8 - Corp., prior 5% Ltd. pfd. <quar.)_—; Fair Stores Food 30c 8-20 Machinery & Chemical— Bros. Forbes Gear & Wallace, Machine, Dairies, Class com. quar.U_ preferred (quar.) p(referred (quar.)— preferred Franklin Life Fraser Cos., Friedman Ld. (L.) 7-15 9- 8-24 25c 10- 9-16 9-16 $1 10- 10- $2.75 : 9- 50% 20c (quar.)_ (quar.) Realty 7-15 8- 9-16 Co.— (s-a) Corp. 8- 25c 56 Vtc Insurance (stock div.) Stores 32 %c (quar.)_. 4%% 5V2% 7-15 $0.215625 com. (quar.)_!___ (increased Fort Wayne & Jackson RR. 7-15 8- 3%, (quar.( B 8-25 93 %c (quar.) preferred conv. & Foremost 4% (stock dividend) preferred — 425c 2 Froedtert Corp. (quar.(__ (quar.) 8-19 8-16 8- 7-23 7-18 7-35 10c 8-15 10c Sep 8- 12-14 8- 20c (resumed)— ' 1 7-15 7-13 8c ——; '' 7- 1 -7-28 3% — + 8-12 t 7-27 $1.50 (quar.) Corp. 7-20 15c pfd. (quav.)_ Fitzsimmons Stores, Ltd., class A Fluor 7-20 1 9-12 tl 25 7% Flagg-Utica 8-5 8- 15c 1 8-10 - 30c Firth Franklin mtge. bonds due 1983 30-year 5% 42692 Sep 30 Aug 4% 42690 July 31 15-year 5% conv. subordinated debentures due^,1967__Aug Keyes Fibre Co., class A stock : Washington Water Power 1 July 29 Sep 30 - preferred stock convertible Dec 15c 25c Marshall see City 5%% due ,7-20 (quar.) pref. (Boston) of National Foote Date J, 8-15 1 — — 6-30 1 8- .— (Marshall) Associates 7-30 9- — (quar.)— quar Association tlOc 15c dividend)— (quar.) preferred 7-18 12'/2c — k Deposit Co. 3% % CALLED General Acceptance Corp.— Moore 13 1 July 25 RR.— 5% Fire ■ 9-20 7-30 $1.25 $1.40 7-16 1 87»/2C Products; Inc.- prior 6-30 7-33 10- — j.— Food ISSUE mtge. bonds, series C & Bigelow preferred stock Inc., 5 Aug 10 July 27 pfd. 1982 gen. Co., 1 Aug debentures due Company and Issue— Ref. Field Aug convertible ENTIRE Baltimore Fibreboard 7-25 - 8-15 8-15 • 25c (quar.) i stock dividend)— dividend 1 62'/2c gtd. preferred Federated Department Stores— Corp. 9- (quar.)_ Co. 1 1 2c — pfd. 9- 7-15 9- —— Paper Board, Cash 7-18 (quar.) (quar.)™..-- _ Ltd., 1 60c (quar.)— Insurance 8- $3.50 (quar.) Co.——--——— Grain, 7-15 62 Vac $1.18% — preferred A (quar.l5Vi% preferred 1953 series Federal 7-15 1 $1.25 1 (quar.) 5% Federal 1 8- 8-15 (reduced)—— (quar.) Fedders-Quigan Corp., common Federal 8- " 7-15 9-22 series A conv. First Washington Water Power Co.— 3'/2% Co. 1 25c (quar.)—— dividend Bros. Increased Page 6% 8 8- 25c (quar.)„ : (quar.) (stock 7- 8- 5 8-26 - — •_ Fate-Root-Heath Fifty sinking fund debentures due 1983 Lines, 1 Date Seabrook Farms Co. 33A% Co.. Mfg. Farmer Fidelity REDEMPTION Kings County Lighting Co.— 3 '/a % 1st mortgage bonds due Philips Petroleum Co.— Air 209 8 Aug stock Company and Issue— United ' 6% Aug . pfd. com. 7-8 .« " 9-15 V —— pfd. Brewing Increased RR.— bonds— mortgage 5% Corp., 8-15 — 2: Co. 7-15 25c (quar.)_. (quar.)— preferred series A Fairbanks Page Co. Electric, Bearing 1 7-15 , $1.12 Vz — Pitsburgh RR, Co., 7% Ferro Western Union Telegraph in 15 1 8- 16c .— (quar.) $5 8- 55c (quar.) Corp.— preferred. (quar.)_ preferred <quar.)_ Railroad, 1 $1.50 :—::— Amer. common & 8- 9-18 1 50c & Heating Falstaff Date Manufacturing of Petroleum conv. 8- $1.75 — Abrasives Watch preferred 9-lfl 10-11 12V2c — (quar.) District 7-15 1 (Md.)— Corp. Co. 8-15 10- 10c — (increased) (quar.)______ Nut 7-29 7%C Utilities Association preferred Fafnir TENDER __ (accum.) $2 ing tenders, and the page number gives the location in the current volume (except where indicated) in which the details were given in the "Chronicle." (J. Corp. Erie Forge & Steel re- bonds, notes, redemption, 20c :— (accum.)_- 5% Company and Issue— (quar.) B Equity Corp., 72/ called under sinking fund provisions. The date indicates the redemption or last date for mak¬ Adams 7-20 25c Products Ltd. Equitable Credit Corp., 50c pfd. 60c preferred (quar.) 215 those OF 8-15 435c (quar.)— com. A Stock common 8 * 6-30 ' (quar.) preferred Enamel Notices preferred 8 7- 7-29 tl4c Employers' Group Associates (quar.)— Emporium Capwell Co., 7% preferred (s-a)™ Fmsco Mfg. Co.___ —1—— gross. list of corporate stock called for 7- 7-25 flOc and $2 par) (quar.) par Industries, conv. pfd. States Empire 294 Redemption Galls and Sinking Fund a no preferred 6% be found 7-20 37Vic Ltd. (increased) Association— preferred Erie Below will 7-35 Ltd Mines, Racing Emhart 2,461 valuation 7-23 7-30 Elgin 146 + of 10c $1.12Vi 8-15 5% 25 + deduction 8 from redemption on July 29 at $27.70 share plus this dividend i_ i 315 1491 — 334 839 of individual serves; Banks 8- for Refractories & Borrowings— From ~9- 1 7-22 Stop *— 8 8-19 Elastic 72 + 8- 10-21 Electro deposits— 10,934 1 9- 3 Co.— Corp., Ltd. Ekco Products, com. (quar.) 4V2% preferred (quar;)— 418 — 9- 1 450 458 710- 50C 7c .811- 10- 15c . and & (quar.). 446 44 — 2,582 income Securities, + 777 7 tlOc - proiits) Nemours + + 8-17 9 4%% 56,113 banks Foreign de , — 7- 9-15 9- Empire deposits adjusted Time deposits except U. S Government U. S. Government deposits from security ' — 7-28 25c ——: Ecuadorian Liabilities— 3.70% and a + i NOTICE creased in 13,605 Banks 35,888 + 55 f25c ' 11- Eastern + 2,205 36 6 25c $6 —2,020 33 1,020 Reserve including correspondents Industrial Fed. 20 117 8-15 (quar.) $7 293,955 lia¬ —— liability 153 reserves note —1,653 + 8-31 Ltd.— Bradstreet, Inc. 5V2% — 7- f 62Vic Ltd. 7-29 -—15c A & Eastern —' 7-15 J40c 7-15 308 1,085 — 7-15 ' Ltd 10-15 $1 + 1,362 —1,886 ■ 1 1 1 1,225 8,663 - banks— 27,543 bilities combined Contingent 21,215 securities to — 88- 1 + 45 — 7-29 tlOc f37Vic 10c Canada Erie + 6oo,901 accounts. and deposit 709 8,870 8-17 9-16 8-25 2 Eastern 205 — Capital Accounts— capital indebtedness- bonds Other From Capital paid in buipius voce nun I > Surplus (Section 13b)__ Total S. of notes 8-31 9-30 , 8- + 33 — 25c 25c UOc 8- Class 376 + 134 — 7-15 11- 30 — 869 7-23 15c per 26 + 31,663 25c 20c 4 9,185 certificates of Eastern - 1 6-30 — (3c I.i Common (both securities—total- bills 1 8- 7-29 $1.50 Dun + 1,818 loans.— Treasury Loans 4,643,523 25,889,502 bank—reserve Pont East Demand notes du 5,012 139 + 9-14 8- 8-15 preferred (quar.) preferred (quar.) called + 1,199 9-20 8-15 Dupuis Freres. Ltd., class A (initial) Ducommun Metals & Supply Co. (quar.)—_ Dulany (J. H.) 6% pfd. A (quar.) Duncan Coffee Co., class A (quar.).__i_^ agricul¬ 7,923 8-15 25c Inc., common.—_— (E. $4.50 for pur¬ loans 8-15 8-31 12'/2c (quar.) (quar.) realized $3.50 purchasing or carry¬ Governemcnt Interbank Member Other S. U. 50,962,816 Deposits: Total U. Treas. 23,943,562 —- Federal Reserve S. estate Oliver, 3,576 + 2,647 8 8-31 37'/2c ____ (quar.) + 169 securities- 7- (quar.) ■ +———— assets — Liabilities- U. Real & preference 82 — 7-25 1 (quar.)_—^50c Dupuis Freres, Ltd., 4.80% pfd. (quar.) 430c Duriron Co., 5% preferred (entire issue + securities ing 290,800 & carrying or Other loans for Treasury .il— assets Total — 23,943,562 — items chasing 1,673,984 Other bought outright Total U. 770,875 —1,383,184 2,801,750 Held under repurchase agreem't Other + 11,645,837 Bonds Bank — brokers 2 8- — Ltd. net 1954 23,465 and dealers, loans to 8- 2c Cnemical, Ltd.— du Pont July 14, 1955 43,687 — tural Bought outright— July 6, 84,013 7-15 *17tec Stores Dreyfus Fund (In millions of dollars) investments and 7-13 1 in¬ (quar.) Steel Preferred Increase (+) or 4,997 7-27 8- ' — Tar Dorr Decrease (—) Since 16,437 $2 — Investments, preferred $1 ber banks follows: 20,998,074 11-20 ?37'/2c net (quar.)__—— Common $58 million in Chicago and a total of $149 million at all reporting member banks. Borrowings from others in¬ creased $72 million, of which $58 million was in Chicago. Loans to banks increased $55 million. A summary of assets and liabilities of reporting mem¬ 227,745 F. R. notes of other banks Other cash 8 8-20 $1 (quar.)__ — Common $79 million each in the Richmond and Chicago Districts, $78 million in the Dallas District, and $77 million in the Atlanta District. Time deposits decreased $44 million. Borrowings from Federal Reserve Banks decreased 15,853 notes 7- $1 (quar.) pref. Dominion Oilcloth Dominion Assets— 8 1 35c Dominion Decrease (—) Since 7- 8- loc from Dominion Increase (+ ) or 1 — (quar.)—: conv. 5% (In thousands of dollars) 7-21 8- 37Vic —______ Mines. 2nd Nominal. Federal Reserve Banks Combined 7-21 40c (quar.) — Dominion-Scottish Statement of Condition of the Twelve 9-19 ——— 2.773349 2.783883 1 8-15 :— — .233300 2.773661 7- b-15 quar.) income) Manufacturing Dome .193330* 2.773453 1 9-26 Dominguez Oil Fields (monthly)—. Monthly w Monthly Dominion Bridge Co. (quar.)—— Dominion Fabrics, Ltd., common (quar.)— ,,140080* ,233325 8- 25c Extra .140080* 2.783343 — pound United Kingdom, pound sterling * .261737 .140080* 6c 25c (initial (quar. Shares (quarterly Houses, Dodge .0800560 .261700 2.772934 — Africa, .0800560 .261700 .140080* 8-15 — .0800560 .261700 .193330 — Dobbs 2.783645 .0800560 2.755775 ——— 1 25c ; Extra .0800560 Norway, krone__; Philippine Islands, peso—— Portugal, escudo—— Sweden, krona Switzerland, 2.783750 2.784166 Site Dodge & Cox Fund .261700 —_—— Netherlands, guilder—— New Zealand, pound— 8 9- 25c (quar.)— Corp. vestment .208350 Dominion industrial Dividend .237317* India, .00285C25 8- 7-11 .__ A Discount Corp. of N. Y._ Disher Steel Construction Co., Ltd.— $1.50 conv., class A pref. (quar.)_ .0198400 .325250 ___________ France .0198446 .0198526 .0198531 3 7-25 Quarterly .0385802* 1.015669 __ 8 9- 25c (quar.) Dickinson 2.218127 .0385802* .0385802* .0385802* British Malaysia, Malayan dollar— .325250 Canada, dollar ———I— 1.015223 Ceylon, rupee— ——.208350 Finland, markka. .00435401 * 2.218127 2.218376 B Diamond Match Co., new com. SI.50 preferred (quar.) .133333* .0717487* 8- Bridge— on a quarterly basis Giorgio Fruit Corp., clajs Class .200000* .0717487" ________—________ 5 3 $1 (quar.) 7- S- Now Di $ .200000* .200000* International 7-21 7-30 $2 quar.)__ (quar.) Friday , 8 55c — (increased (quar.) Stock Holdera Payable o/ Rec. JC0% Deposited insurance Shares, Detroit Gasket & Mfg. ' When Per Name of ■J... TARIFF UNDER TREASURY TO (Continued from page 14) different countries of the world. FOREIGN Monday, July 25, 1955 11-15 25c 7-29 4 6-30 • 8- 1 11- 1 7-15 - Volume 182 Number 5449... The Commercial and Financial Chronicle When Per Name of Company Fruehauf Trailer, Share (quar.)., common Stock dividend on common Stock dividend on common 4% preferred Fulton $3.50 preferred (quar.)— Co., convertible Gale Company, & $1.50 $6 5% preferred preferred A common 5% preferred Gardner-Denver (quar.) — (quar.) $8 Co., preferred General General common 8% furred pn General $6 Fublic Special; General $3.50 5% (quar.) A — _____—_ (quar.) — 8- 7-20 Idaho 1 7-20 8- 1 7-20 7-30 7-15 7-30 7-15 4.20% 9- ' 8-12 4.70% 1 8- 2 8- Illinois 1 7-15 1 10- 7- 8 Indiana 8-15 7-15 4.80% 1 7- $1.25 8- 1 7-11 933/4C 8- 1 7-11 8- 8- 1 6-30 securities 8- 1 6-30 Interchemical 7c 8- (quar.) common (quar.) Telephone Co. o? California— preferred (quar.) 4%% $2 preferred 7-15 7-30 7-15 8-15 7-15 8- 1 7- 7% preferred $2.20 of the 8- 1 7- 8 8- 1 7- 8 common 4'A% (P. H.) 8- 55c (quar.) 8- 1 7- 8- 1 8- 1 7-20 25c 7-25 77- (reduced) 115c 7-28 * 56'Ac 8- preferred (1955 series) (quar.) $ ).578125 Republic Insur. Co. of Amer. (s-a) 45c Co., 7% preferred (quar.)— $1.75 Goodall Rubber Co. (quar.) 15c Goodyear Tire & Rubber (quar.)___ 50c Goodyear Tire & Ruboer (Canada), Ltd.— 4% pref. (quar.) Gould-National Batteries, National (W. Class Class 6% R.) A A (N. Y.) — (s-a)_ 8- 1 7-15 1 7-21 1 9-20 _ (quar.) 8-15 8- 9- 7-20 Union Co., Gravson-Robinson Great Southern ; 7-31 7- Great Class Green sale Guardian (From of 6% Mobile A (quar.) —_— (28c from net Mines. Bros. gains Inc. Inc.— » ■ 8-2P 12-12 8- Hammond Hanna (quar.) — 5% % — 5% — (J. Hat F.) A 5%% (quar.) (quar.) — 4% 8- 1 Jewel Tea 9- 1 Johnson 12-10 12- 1 Johnston 8-15 / Kaiser 7-30 8-15 7^30 Powder —- 7-15 5% 1 pfd. (quar.) $1.15 7-29 — 7-26 7-15 4% 9- 1 (stock 11-23 J40c 3- 1 9- 1 8- 8-15 8- 75c 8-15 1 pfd. A 8- 45c 8- & Class 4'/2% 4 9-28 9- 5% & Inc. (Joseph) Hotel Barbizon. Hotel Syracuse, Inc. 8-15 9- 1 8-15 9- 1 8-15 5% 9- A 1 1 8-15 Mallory 7-20 4'/2% 20c 8- 1 7-15 Manhattan 50c 10- 1 9-15 Marshall 7-22 Martin 9-15 4-2-56 20c 8- .__ 1 7-12 8- 1 7-12 preferred $1 preferred (quar.) 8- 8- 1 7-25 11- 1 10-10 9-10 8-24 15c 7-29 7-15 Chemical— McCall Corp. McCormick 18%c 8-31 8-15 issue 50c (quar.) 8-13, 8-15 8- 7-15 115c 8- 7-15 115c 8- 7-15 30c 8- 7- $2 8- 7- 8 150c 9- 8- 2 50c 8- 7-20 25c 9-10 95c 9- . 9- 1 (quar.) — 5% & Co. (quar.)__— Melville preferred (quar.) (quar.)— common (quar.) 8-15 9- 1 8-15 Metal 9- 1 8-15 Meyercord Co. Michigan Central RR. (s-a) Michigan Gas & Electric. 4.40% pfd. Michigan Seamless Tube (quar.) Textile Corp. (quar.) (quar.) 87%c 1-3-50 12-15 Miller 31'Ac 10-15 9-30 Milton 9-15 Inc., $1.25 conv. pfd. (quar.)— Kerr-Add'snn Gold Mines, Ltd. (interim) 8-10 Keyes Fibre Co., 27'/2c Kennedy's 7-22 $3 class 1 5 9-13 9- 9- 1 1 common (entire ,_ issue at Aug. 1 dividend) called $55 lor share per 7-20 Keystone Income "K-l" and (44c 38c Preferred from net Stock investment net realized gains) Keystone Pipe & Supply Co., 5% pfd. (s-a)_ 8-16 7-22 Kleinert 8- 7-15 (I. Knudsen 8- 1 7-20 Kresge 56'AC 8- 1 7-15 Kress Kroger 7- 6-28 7-15 8-1 7-20 B.) Rubber (quar.) 8- Stores (S. (S. H.) Co. & Co., (quar.)— (quar.)___ common 5% 1 82c 8-15 $2.50 12-30 7-31 Missouri 9-12 8-25 15c 8-25 8-15 Missouri Natural Gas 7-31 7-15 Missouri Utilities Co., 9-12 8-16 5% 9- 1 8-15 preferred 1 8- 1 9-15 4.40% preferred 8- 1 7-15 4.80% preferred 7% 2nd preferred (quar.) $1.75 11- 1 10-15 4.50% preferred 7-11 Kroehler 7-11 4V2% preferred (quar.) 7-15 4%% preferred (ouar.) 8-15 8- Mfg. Co.— Kuhlman 1 Monsanto _ Electric, 5'/2% La Crosse Lii Salle preferred (quar.)— Telephone 1 7-15 7-25 8- 1 7-15 8- 1 7-15 Lafayette National 8- 1 7-15 Lake Extension 12-22 8- (quar.) 20c University 1 7-25 8-15 10c 8-1 7-30 7-13 10c Bank (Brooklyn) Woods Milling, Ltd.— the (s-a)__ 10-10 B-28 10c (quar.) Quarterly of 9-22 12-30 133Ac 1-10-50 12-28 8-15 7-29 $1.25 ' 7% 9-15 9-15 9- 12-15 12- preferred Lakeside 3 5 11.16 preferred Lambert 50c 8- 1 7- 30c 9-12 8-18 $1.12% 9-30 9-20 Landis 8-18 9-12 (quar.)— (auar.i $3 (quar.) 'quar.) Corp., class Machine Co. A (quar.) 7% (quar.) 10-31 tl5c 9-30 8-15 9-30 8-15 12-31 11-15 12-31 8-1 l9"'* 7-lo 25c 8-15 8- 5 25c 11-15 11- 5 25c (quar.)_ I (stock 2-15-56 2- 4 Morrell (John) Plan Morris Co. & preferred (quar.) (quar.)— Motor Finance Corp. (quar.)— Mount Diablo Co. (quar.) Mount 1 1 8-1 7rlo 30c 8- 1 7-21 tl5c 7-29 7-15 National 130c 7-29 7-15 preferred 10c 8- 1 7-20 Lee 8- 1 7-15 Leece-Neville 9-12 8-12 $1 15c 9-30 12'Ac 9-15 12 %c 8-31 8-15 8-31 r 8-15 9- 1 8-22 7-15 (quar.) 50c preferred (quar.)— $1.25 9-30 9-16 preferred (quar.) $1.25 12-30 12-16 Royal Rice Mills, Muskegon Piston Ring Biscuit, common 15c Rubber Lees (guar.) & (quar.)— Co (James) & Sons 7-20 7% preferred (quar.) National Chemical & Mfg. 7-29 7-15 National 7-25 7- 8 Co.— 3.85% — Corp., 4%% preferred — 96'Ac 8- Leslie Salt Lewis Bros., Co. Libby McNeil & (quar.) (quar.) 1 7-1d t$2 8-12 7-22 30c 8-19 8- $1.12% 8- Libby (special) 7-26 7-11 5 Co., common 1 7-27 8-10 7- 0 $1.50 8- 1 7-12 8- 1 7-12 8-15 Class National 10- 1 8- 1 99- 10- 1 10- 1 9- 10- 1 9- 7-29 7- 5c 56'Ac $1 8- 1 7- 8- 1 7- A 8-31 8-12 8-31 8-10 8-31 (stock 7-30 7- 8 15c 9-30 9- 9 56'Ac 58c dividend) 1 7-20 9-15 8"15 5% 7-29 6-30 National Steel 15c 8- 8 7-18 National Theatres 1 7-15 7-15 35c 8- 1 7-22 9- 1 8-10 10-15 8-31 9-16 8- 9 8- 1 7-15 9-30 9-23 12-30 12-23 10c 8- 1 +5c 10- 1 9- 2 1-3-56 12- 2 t5c pfd. series B 8- 1 2% (quar.) 6% 8- 25c 10c Lead Co., 8-10 120c 75 Welding (quar.) National Hosiery Mills, Ltd., class A (quar.) 115c J 9- 20c (quar.). Electric 4()c (quar.) Ltd. 7-15 7-15 7-15 50c (quar.) Common National preferred (quar.)_ Legare Co., Ltd., 6% preferred (accum.) Lehigh Valley RR. Co. (quar.) Lerner Stores 2 20c Tire 8- 30c Inc. 1 1 1 lc Extra 8- $1.20 888- 3c 9- Lear, $1.10 8-12 12%c (quar.) Corp. of America, com. dividend $2.25 7-29 7-29 8-19 t$1.75 tl5c 7-20 8-12 9-15 t$1.75 Bryant, 4y2% preferred (quar.) 56'Ac Laura Secord Candy Shops. Ltd. iquar.)—$20c 1 1 125c preferred (quar.) preferred A (quar.) preferred B (quar.) Laurentide 5 9- t30c 7-15 8- 7-20 1 1 75c (quar.) (quar.) 8-12 8- 8-31 89- $1.05 —— 7-11 $2 9-16 40C (quar.) 1 60c 8-31 200% dividend) common 1 - 7-13 9 6'A Co., 1 B 1 $1.20 (quar.) 8- Class 7-13 8- 9-16 $1.12% (quar.)_ C 9- A 7-15 1 125c 8- class 1 8- $1.25 (quar.) 25c Ltd., 8- 8 $1.25 30c Acceptance, 7-15 ll'Ac 34c $1.25 -1 Lane 1 70c Ltd. (quar.) (increased quar.) Narrangansett Electric. 4'/2% pfd. (quar.)__ 4.64% preferred (quar.) Narragansett Racing Assn National Automotive Fibres (quar.) - Quarterly Quarterly 8- $1.14 (quar.) (quar.)— participating preference Corp. Ltd.— 7% 5c (quar.)_— 7-20 $1.09 com. B Chemical Power Common 7-19 U5c A 1 Moore 7-29 29c _. class 7- 8- Moody's Investors Service— 29c tl5c Inc., (quar.)___ 7-26 1 10c — preferred- (quar.) $4.20 preferred (quar.) 8-1 9- *15c (Alfred), Lancaster 1 pfd. 9-16 8- 35c $6 1 t$1.75 $1.16 1 8-10 60c $3.85 pref. series C Montana 4% (quar.)_. Laboratories, 10- 7-29 „ 9-30 $112% (quar.) 8-15 „ $1.12% . 7-15 $1.25 — <R.), Ltd., class A Monongahela Power Co.— 9- 8-19 7-20 7-25 (quar,) 10- 7-30 7-15 1 15c common™ Mitchell 8 8- 7-30 Class A 30c 45c — 7-22 8-15 — Pipe Line, $1.75 1 8 7-15 3'/2c Kansas $1.50 (quar.) (quar.) 7- 1 7-29 50c 31'Ac (quar.) preferred (quar.)_, 5% 7-29 8- $1.06'A (quar.) (quar.) Common (quar.)—L_ preferred 7-30 t$l $1.10 25c Maid preferred 1st B <quar.)_ $25 —- (quar.) 12'/2c pfd. Gas Co Minnesota & Ontario Paper 2nd 6% Class (quar.) 7-20 Minneapolis 7% 1 7-15 — 8-22 1 Bradley Co., common prior preferred (s-a) 75c :_— pfd. (quar.) Co. 4'A% 40c 60c (quar.) S.) Rhoades, 20c Creamery Co., 1 (quar.) 1 8- Corp. (quar.)-: Mississippi Power & Light, 4.36% pfd. (quar.) 4.56% preferred (quar.) Mississippi Valley Public Service— Fund 1-20 7-30 8-31 7-22 1 income from 10-20 8- (quar.) 7-21 9- 8-19 Packaging Materials— & Minute 75c 1 7-25 9-28 9- plus 2-l-c8 7-30 t20c redemp¬ Keystone Custodian Funds 8-15 8- A on 1$2.50 , 1 ; preferred A (quar.) 8- (quar.) Midwest Class — 9- Y.)— 5% preferred (quar.) Midwest Piping Co. (quar.) 7-15 (quar.)_ 7-15 Semi-annual 9-9 1 _— 8-12 8- 15c 12'Ac Corp., com. (quar.) preferred A (quar.) & Mfgs; Insurance Co. (N. Merchants 9-1 30c 8-12 9- 45c $1.183A Shoe 8-15 $1 8-12 9- 533Ac 1 » 6-27 9- (quar.) $1.05 , 8- 50c $1.06'A (quar.) $1.12V2 — 8 30c preferred 43A% r- • preferred Co.. 2nd 8-15 1 8-15 McQuay-Norrls Mfg. (quar.) Mead Corp., common (quar.) 4.30% 8-12 30c —. 1 7-15 99- (Arthur G.) 4'A% at $52 7- 1 7-30 45c — preferred (s-a)_ Mclntyre Porcupine Mines Ltd. (quar.) McKee 8- 8 25c (quar.) (quar.) & 6-30 9- McCabe Grain, Ltd., class A Class B (quar.) 5c 7- 7-26 9- Maytag 35c 7-28 (quarterly 85c 7-15 $3 7-25 7-15 933Ac 75c 7-11 Co., 8 1 933Ac 9-15 8- 8- 7-31 $3 (accum.) (quar.) (quar.) 1 ' 8% 7- (quar.)__ 1 B common 1 (1947 "series) preferred preferred 8-15 93%c (quar.) Light, $3.75 1 Class Common (quar.) 5% preference (quar.) 5% preference A (quar.) Door, 7-13 8- 56'Ac $3 10- Inc.— & 8-12 7-30 (s-a) 10- 6-30 - Huttig Sash 8-10 Trust $1.25 6-30 Bay Mining & Smelting 9-15 8-25 50c 87V2c 1 — 9-30 8-25 50c Zinc Co May Department Stores, common $3.40 preferred (quar.) $3.75 Kellogg Co.,— 1 (s-a)— 62'/2c 100% pfd. (quar.) $1.37% 3 8-17 25c 8- 9 this 10- 8-31 Matthiessen & Hegeler 9 1 12 %c 50c (quar.) 8% Investors Massawlppi Valley Ry. 9- 9- 8- 8 7-31 L.) 8-25 9- 9-13 53 %C 6 7- 8-31 $1 income) 3-15 9-9 8- (quar.)— common net 7-15 1 tion 1 7- 8- 130c (quar.) 1 1 8- com. (Glenn from Co. 8-31 $1.25 1 30c Y.), & Massachusetts 12-15 10- 8-25 683/4C 8- 75c Refrigeration, Field 1 7-29 10- 10- 9-10 11- 9- 1$1.25 (P. R.) & Co.— convertible preferred 1-3-56 10c 10- 50c 50c 25c $1.06'A (quar.)— preferred 30c (N. preference 7-29 $1.06"A 37 %C preferred (quar.) Houston Lighting & Power. $4 pfd. Hunt Foods, 1 $1.12% (quar.) 4% Hudson 9- 8-31 (quar.)_—_ Ltd. Co., 3ya% 40c iquar.) Co. 8-15 (quar.)__ & & 15c (quar.) Co. 8-15 1 (quar.) (quar.) preferred (quar.) (quar.) Harriart preferred Home 1 9- 62 %c Oil 9-12 — (quar.) Corporation, common (quar.) $2.50 preferred (quar.): Mading Drug Stores (stock dividend) Madison Square Garden Mailman Corp., Ltd.— 9- (quar.) 8- 35c ; 2nd class 8-17 (quar.) $1.25 (quar.) (quar.) preferred Horder's. Horn Co., B 10-17 1 preferred 1.S2.50 Hoover 7-15 11- preferred 5% 1 5 40c Co. 8- 15C (quar.) preferred (quar.) preferred (quar.) M R A Holdings, Ltd., 5% pfd. (quar.) MacGregor Sport Products (quar.) , preferred Insurance 131'Ac 15c Royalty Johnson preferred 8-15 10c nnn-cumulative 10-17 iquar.) Kysor Heator Co. —— common Holly Sugar Corp., common $5 11- 1 (quar.) 40c Common Home 7-11 10-14 133Ac (accum.) (quar.) $1.25 (quar)— convertible 811- (quar.)— 50% t Extra 5% 62yac 4'A% 7-15 8- 1 62 %e 4'A% 2 7-15 Common 10c Power 8- 7-25 5% 30c 1 (quar.) preferred (quar.) 4.20% 8-15 Co.— — :— 5% (quar.)— preferred Kansas 7-15 160c $2.50 25c Ry. 9 7-19 2% A 933'4C dividend (quar.)— Light, Louis (s-a) (quar.) 7-11 7-18 10c common Testers 4%% 8-19 12-15 $1.25 $1.25 (quar.)_ common yrefcried St. & preferred 7-11 8- 7-lb 35%c common City Power & Light preferred (quar.) 3.80% 8-25 15c Higbie Electric Henderson non-cum. 8- Lyon Metal Products, Inc.— $1.05 common (initial) (quar.) convertible preferred (entire 9-12 15c (quar.) 5% 7-14 933Ac for redemption on Aug. 12 share plus this dividend) Kalamazoo Vegetable Parchment Co. 7-20 30c Hershey Chocolate. 4(4% Higbee Co., 5% preferred Hilo 5% 97'Ac per 112 %c Co.. Co., Louisville 10c Ranch & Kobacker 5% pfd. (quar.) Hercules Steel Products Corp.— 7% preferred A (quar.) Mfg. 7-29 20c called 40c Hays Corp,, 5% preferred (quar.)—_ Hecht Co., common (increased) Hercules 9-15 7- $1.24 . 7-21 10-21 8- $1.04 pfd. (quar.) 8- 11- 35c (quar.) 1 conv. Aluminum New 8- 50c $1.37% (quar.) preferred 55c Co., 3%% Johnson Co., Ltd.— Rubinstein 9-15 10-15 $1.75 $1.75 preferred (quar.) preferred (quar.) Co. Louisiana Power & Light, 4.96% 4.16% preferred (quar.) 44c Utilities, preferred 8-15 $1.37% Fund 3%% 10-15 1 9- 2nd Telephone 1 dividend 9-10 $1.06'A ___ _ preferred iquar.) Hayes Industries (quar.) Hayes Mfg. Corp. (quar.) Helena 10-14 2nd non-cum. 1 Corp. 50c — Corp. of America. 4'A% Haydock 1 9-15 non-cum. 7% 8- (quar.) 181.25 (quar.) preferred Class 11- 7% Lorain 8- (quar.)_____ preferred 56'mC 15c pfd. (quar.)—: 5%% preferred (quar.)_ Hart-Schaffner & Marx (quar.). Hartford Electric Light (quar.) Hartz 8-11 7-14 Hotel— 8- (quar.) (quar.)— Jervis" Corp. 25% (quar ) Co., 7-5 1 Baltimore 3V2% ——— (interim)— Ltd., A.) (A.) 9 Electric— preferred 1 25c _ quar.) Co., class A Class B (quar.)_— $4.50 preferred (quar.) Harris preferred 9 20c (quar.) (initial) Organ (M. 1 7- McCord Kansas —— Ltd. 1 8- (quar.) 8-15 8- 7-19 35c Telephone Co. 9-1 7- 7-19 8- Lorain McColl-Frontenac 1 1 8- 8-19 7-15 8-261 9-21 12-20 8 7-15 Stock 9-20 1 10- 7- 1 preferred 9-30 1-3-56 8- 1 Jarecki 11-28 15c ——.—10c 8- 5% 11-28 12-12 12'Ac (initial >_„ Cotton, (quar.)—— —4 8- r preferred common common $1 25c 1 25c & Quarterly Quarterly Jantzen, Inc., Cementing Co.— New $1 $1 7-18 8- 37%c (F. L.) Co., 5% preferred Jacobsen Mfg. Co. (quar.) 8-29 8-20 $2 Jacobs 11-28 7-20 8-31 37%c 8-26 10c' (quar.) dividend Hallnor Mines, Theatres ———— Lynchburg Gas Co. 8-29 9-12 8-15 7-30 8- $75c 1 9-12 7-15 9-1 8- t40c 9- 12-12 1 8- $1 $1 $1.05 Inc., 3-10 11'Ac (monthly) $1.09 Southern 3-17-56 9- 9-11 $4 8-18 11-18 25c 35c 9-12 30c $5 preferred (initial Halliburton Oil Well Hamilton 8- 3-10 9-10 12-10 9- 35c $2 > income) 2nd Stock 9-10 3-17-56 38c 35c (quar.) 7-20 from 'quar.) Co., 1 8- 11-18 Long Bell Lumber (Md.), class A (accum.)— Long Bell Lumber (Missouri) (quar,) Long Island Lighting'(quar.) 40c 7-20 in¬ — Halle 7-18 Boston 8-13 8-18 12-10 15c (quar.)— com. (quar.) 112'Ac (quar.) Gurney Products. Ltd., $1.60 pfd. (quar.) Gypsum Lime & Alabastine of Canada, Ltd. Quarterly ' Haile 8-1 (R. I.), common (quar.) Ironrite, (Houston) — common Ohio. 7-1 Corp. (quar.) Pipe Co., preferred 40c pfd. —._ Fund Gas, & preferred 1 1 1 50c (monthly) Common (monthly) 8% preferred (quar.)— 8% preferred (quar.)_— jbord 1 1 15c realized investment preferred Gulf, $2.25 class from Mutual net 1 t$1.75 (quar.) 1 31 %c securities) Interstate 8- $1 (quar.) com. preferred 8- (miar ) (quar.) 87c 5 7-20 8- $1.12% 8- 112%c U2%c and 12- 1 8-15 8-15 99- 50c Common Extra (quar.) Gas 40c Ltd., Co. 8- 65c 42 %C (initial) Insurance Industries Snares come Gulf par" common B (H. L.) Growth the "$25 \_ Coal, 1-3-56 from preferred (quar.)— Jack & Heintz, Inc., common (quar.) 4% preferred (quar.) $2 .__ West 8-2 Joint Loew's 13c (quar.) Canada, Ltd.— of 4%% 8 $1.50 Stores. Life 9-1 Finance Preferred Jersey Central Power & Light— new Quarterly Quarterly 1 Machines $1.76 1 $2 oreferred conv. 8- Local 7-22 50c preferred Iowa 1 $1.50 .. (quar.) (quar.) preferred (quar.)_ 5% (quar.) Lock 4 8- 9-10 Macy (R. H.), 4'A% preferred A 4% preferred B (quar.) 4.20% Graham-Paige Corp.— Grand guaranteed $3 Iowa Public Service, common 3.90% preferred (quar.)__ 3.75% preferred (quar.) 7-15 8- $2 B 8% 1 Sz Co.— preferred Class Special 3c 56'Ac (quar.) — (quar.) Class 8-18 25% $2 common (quar.) B 1 9-20 8-12 35c - $4.36 6-28 10- t50c (quar.)—— Bank 9- 7-15 9- 87'/2c (quar.) 50c and — (quar.) guaranteed 1 8-31 1 60c 1$4 i $1 guaranteed 10- 7-15 8-31 9-12 $1.10 Special 10-20 1 9-12 original (quar.) $4.22 Mines & Grace 8- 10c 8- 60c (quar.) (quar.) Special Participating Co.— preferred Original $1.20 7-15 25c preferred Iowa-Illinois 7-11 31'Ac $2.50 preferred (quar.) 8 1 Original Participating 8 -7-25 Globe-Wernicke Grace 9 $1.12% preferred (quar>___. 4%% $2.50 7-20 ■ 8- 8-18 com, (quar.) 6% preferred (quar.) : Investors Bond & Share Corp.— 6% preferred (accum.l 1 Investors Trust Co. of Rhode Island 7-15 $1.25 45/s% Globe 1 $1.27% — (quar.) (quar.)__ Yellov/knife Gold Glatfelter 50c Little Miami RR., 7-11 (quar.)— (quar.) convertible 7-11 7-11 (quar.)_. Co. convertible 7-11 1 1 Intertype Corp. ( quar.) Investment Foundation, Ltd., Southwest— pfd. (quar.):—___ preferred Brothers, preferred $4.50 — Co. preferred (quar.)——— Waterworks Corp., 5% 5.10% Giant (quar.) Telephone General J 25c Nickel preferred $1.40 5 22'Ac — preferred International Utilities Corp., $1.40 7-11 1 $37'Ac (quar.) (increased) (quar.)— International 7-18 1 8- 1 com. 7-18 Telephone Co. of Indiana— General Gimbel (quar.) Corp., preferred International Business tlOc pfd. income 6-30 8-15 8- .8- 1 profits 4%% 7-15 20c investment 1 7-30 t$1.25 ——_——_—— from 1 8- common- 8-15 37 %C 87 %c .__ Ltd., 1 8- 10-10 1 87y2C T— Co. (quar.) ,1 Lindsay (C. W.) Co., Ltd.— 6'/2% preferred (accum.) Liquid Carbonic, common' (quar.) 3'/2% preferred (quar.) 9- (quar.)c common 7-15 130c Insley Mfg. Corp. (stock dividend) Institutional Growth Fund— 8-15 $1 $1.25 1 53Vic (quar.) com. 6% preferred (s-a) Inglewood Gasoline (quar.) General General Mills. Ingersoll-Rand, 8 pratic. Telephone, 7-25 8- 1 8- 37 '/2c 51c . (quar.)— preferred Link-Belt 8-20 S 1 11- 50c (quar.) 58%c 55y4C (quar.)_; 7-30 Lincoln Service Corp., common $1.50 preferred (quar.) 55c (quar.) convertible 7-15 7-15 8- 7- 8- 50c 1 8- Holderi 50c - 1 1 When Payable of Rec. (Fort Wayne, Ind.) Quarterly Quarterly 52'Ac preferred $1.50 Share 0/ Company 6-30 8- 25c Imperial Flo-Glaze Paints, Ltd., Indian Head Per Name Lincoln Nat'l Life Insur. Lincoln Printing Co., com. (quar.) $3.50 preferred (quar.)„ $1 (quar.) 6-17 7-15 27'Ac (quar.) preferred preferred 9-16 8- (initial) (quar.) 1 75c common preferred preferred 7-25 1 81 common 4.26% 7-11 8- new 4.08% 7-15 7-29 Co., Power, 4.42% 7-14 5c preferred 5% Power 8- $1.25 4% preferred (quar.)_ Illinois Brick Co. (quar.)— 1 7-20 Corp.— 8- 62'Ac (quar.) (quar.) Products 1 t25c, \ 37 %c 37'Ac $1.37% common Wares, Food $1.50 Corp. (s-a) 8- 25c (quar.)—: B net ———-—— Corp., Steel A preferred 12'Ac (from common Utilities preferred General preferred 5% Hygrade 87 %c (quar.)— — Shoe 4% 7-15 B $1.50 Service, Public 7-15 1 Advertising. preferred (quar.) preferred (quar.) $4 1 8- S2 $5.50 General 8- 12 %c Preferred 40c (quar.) preferred 7-15 15C General Mills, common (increased quar.) General Motors Corp., $5 preferred (quar.)— $3.75 (quar.) preferred Outdoor 1 35c (quar.) General 8- 100% (quar.)— Foods Corp., S3.50 pfd. (quar.) Instrument Corp. (quar.): General 8-15 SI (quar.) Electric 9 1 50c Inc., $1.40 prior preferred (quar.) Gas Industries Fund (stock dividend) Baking 9 12- Holderi Payable of Rec. 30c 9- 62'Ac (quar.) Gas, General 9- 12-30 (quar.) $1 15c iquar.) preferred Hydraulic Press Brick (increased) Hydro-Electric Securities Corp.— 9-30 2% When Share Refrigerator 15c — * Co., common (quar.) ^ Company Hussman $1.50 (quar.)—; (quar,)— Gamble-Skogmo, 4% — pfd. (quar.)__ common Per Name of 8-15 87 %c — , common Gabriel 1 14c ; Securities, 9- 2% 7^=v_ (quar.) Industrial Holderi Payable of Rec. 50c (357) (quar.) 7-22 1 7-11 47c 12-15 11-23 75c 9-13 8-26 4 7-21 $1.50 8- National Mortgage & Investment Corp.— non-cumulative Corp. preferred (quar.). (quar.)— (accum.) — 12'/2c 8- f Financial Chronicle... Monday, The Commercial and (358) Per Name of Heisner Share Company Neptune Meter Co., com. ■. o (quar.). $1.18/4 — 35c increased* I Hew Co. Gas Haven Co. Process —— ... _— York Air Brake (quar.) Hew York Fire Insurance (s-a),——— York State $4.50 preferred (quar.) i'S/'r preferred (quar.)—_ New York Wire Cloth (quar.) Corp. Share Uoranda Mines, Horiolk — new Ry, iquar.) common Engineering Works—— — Corp., common (quar.)— preferred (quar.)-.—___ Illinois Gas Illinois northern convertible 5';; northern Ohio northern Pacific O'/s'i — 20c $1.25 common— Telephone 35c 75c (quar.)———— Railway 8- 1 8- 1 9-15 9-15 9- 9 8-10 9-30 (quar.)__,——— Co., preferred northern Quebec 8-15 10- 1 10- 1 10- 1 20c 37'/2c convertible £1.50 (quar.) 169c $1.50 (quar.)-— northwest Airlines Inc., common 93%c 20c 28%c 25c ——— , preferred (quar.)————-—— Engineering Co., class A (quar,) 2 2 Ralston Purina 9- 2 Randall —— (quar.)— Extra —2— Iforthwast Batton Lta,—6% preferred (quar.) Raymond Concrete Pile (quar.) Raytheon Mig. Co. istock dividend) !— Reading Co. (quar.) Keece Corp. (Mass;), 5% pld. <quar.)____— 1 8-11 7-21 2 Utilities, Ltd., 4% pref, Shoe Nunn-Bush iquar.)--- — OUo Leather Oklahoma Co. (quar.)—— Co. Electric & Gas (quar.)— Oklahoma Natural Gas, (quar.)— no 10- 1 7-26 Reliance 7- 0 Okonite Co. Old Town — 40c pfd. Corp., (quar.)— 7% Otis preferred Elevator Outlet Class B 7-20 Rice-Stix. 8- 1 7-15 1 7-15 7-28 8-15 7-18 Rio 1 7-15 7-29 7-15 8 preferred (quar.) Finance, 5% Pacific Lighting Corp. Pacific Western Panhandle 47c Park Oil, preferred 5% (quar.)—- 4% pfd. iquar.) (increased l Co. Eastern Cnemical Line, Pipe Co., — (quar.)— common Rockland 9-10 8-15 8-20 Rohr Aircraft 7-15 Rolls Royce, 8-15 7-15 Rose's 5 (quar.) :— 45c 25c — — 8-12 7-11 8-31 6% Penn Traffic Co. Pennsylvania Pennsylvania 40c (quar. Power Co., preferred iquar.) Pennsylvania RR. (quar.i Pennsylvania Salt Mfg. . Co. (quar.) (Helena) Light Perkins Machine & Coke Pcrmanente i/ermutit Bank Gear & Cement Co. Co. Extra Phila i. ; ■ 4.40% Co., 4.63% preferred 4.30% pfd. (quar.) preferred Quarterly Philip Morris, $4 preferred Pioneer 9- 1 B Piper Aircraft 45c Pittsburgh Corp., Plate 1 7% preferred Pittston Co., Plea ant Pneumatic Pope $4 preferred Scale Scovill Mfg. 4.30% 4 5% Portland Transit Co. Potomac Edison, 4.70% 3.604 preferred Air Corp. Price Bros. Procter & convertible Provincial Public Common 4 % % 9- 8-T5 7-30 10-14 Co. of 9-21 4% 8- 1 8- 1 7-12 4V2% 7-20 Sheller 7-29 7-15 Sheraton 25c 9-10 8-26 9-10 8-26 8- 7- 1 8 & RR. Co. 4.20% preferred Stock preferred 7- 8 1 7- 8 Shirriff's Ltd.. 7- 8 Shoe 1 (quar.) Co. of & Power, (quar.) com. 2.35 % preferred 4 507' preferred B (quar.)__, 7-15 9-30 9-13 8- Texas +50c 7-25 6-30 37'/2C 9-15 9- 1 9-15 9- 1 $4.56 12- 1 $4.84 Common 1 7-15 1 7-20 8- 1 7-20 9- 1 8- 5 9- 1 8- 4 9-30 9-15 10-15 7- 9- 1 1 7-20 Titan 7-26 7-19 Co. 5% Pacific Class Simms B <T. S.) Skelly 1 7-13 8-19 7-27 7-11 8-10 7-25 8- pfd. Co., 7-12 1 7-14 7«22 9-10 8-15 8-20 8- G 9- 1 8-15 9- 1 1 8-15 6-30 8-15 8- 7-25 7-15 J30c 8-25 7-15 Calif. 2 $3.70 9-13 8-10 1 7- 5 8- 1 7- 5 8- 1 7- 8 7-29 7-12 9-15 8-31 United Aircraft 9-15 8-31 United 9-15 8-31 9-15 8-31 7-25 7-15 50c 8- 1 7-20 8- 1 7-20 7c 7-30 7-20 19c 7-30 7-20 + Edison, Colorado Canada Southern 10- 1 1 7-15 (quar.) + 9- 6 8- 15c 8- 1 7-15 8- 1 7- 2 1 : 7-30 7-30 6-30 8-15 8- 5c 2 99- 7-31 7- 5 7-31 7- 5 28yzc 7-31 7- 37'/2C *-* 7-15 (quar.) 1 7-15 Power Co., preferred & Ltd.— Southern Nevada 1 7-15 19c 8- 1 7-11 Railway— 5% non-cum. Power, common (quar.)__ 20c 8- 1 7-15 United United 1 8-17 9- 1 8-17 8-24 8- 8-16 7-28 8- 7-14 35c 1 8-15 7-29 Southwestern Drug. Corp., 85c 8-15 7-29 Southwestern $1.12)2 8-15 7-29 4.40% Electric preferred com. 7- 8- 1 7-15 63 %c 7-15 8- 1 10c 8- 1 40c 8-25 8-19 11-25 11-15 40c 9-13 8-31 ' iquar.) (quar.) A (quar.) 7-15 8-31 $1.25 9-15 i7y2c 9-30 9-16 37»/2C 9-30 9-16 $1.06 y4 8-15 8-10 8-15 7-20 8-15 7-20 8-15 7-20 $1.12»/2 ! 8-15 7-20 7- 1 8- 9 7-11 iquar.) 25c 9-15 8-19 $1.12 »/2 5% 9- 1 8-19 $1.25 9- 1 8-12 87'/2C 8-1 7-13 7c 7-29 7-11 t33c 8-15 7-15 HOc 8-31 7-30 pfd. (quar.) conv. Fund— income) class S. Fire S. 10- common Ltd. Mines, Co. Co. (N. Co., 8-15 8-15 7-30 Vanadium 8 I 1 7- 5 1 8- 1 7- 5 I I 7-28 7-15 8- 7-21 9-15 9- 9-10 8-22 (quar.) Vapor (quar.) — $1.10 8- 1 7-20 5% Corp. Heating 9-10 8-22 8-16 7-29 8-15 7-22 , preferred I 10c 8- 1 7-15 621/2c 8- 1 7-15 25c 9- 1 8-15 (quar.) (quar.)— 7-14 common 50c 8- 1 $y06V4 9- 1 8-15 35c 8- 1 7-22 $1.37 Ms (quar.) preferred 8- 1 7-22 $1.37 V2 (s-a) 8- 1 7-22 15c 8- 1 7-21 $2 (quar.) pfd. Fund, 8- 1 *7-15 12c Inc of America Corp., I I I 1 $1.50 $2 — (quar.) 4'/4% conv 1 10c (quar.)_ common Co. (auar.) Enterprises, 6% pfd. 9-15 7- 8- 50c iquar.) preferred preferred $4 8-10 62»/2C 45c (quar.)__ Income 7-29 25c (quar.) Pitcures, Corp., I 1 1 4 Y.)— common Insurance Line I 8- 8-29 )-» 0 0 1st preferred Valcar ' (quar.) Universal Leaf Tobacco, common 5'/2% 2 8-31 37y2c com. Corp. preferred 5%% — 9- 8-31 noc (interim)— (quar.) Co., Transit 5% 1 Manufacturers & (quar.) Stores Corp., $6 preferred United 100% divid.l. (initial) Vitamin 10- $1.06 y4 (stock 1 9-30 50c (quar.)_ . (quar.) non-cunt. 7-12 (quar.) Machinery, Rubber 8%- 7-12 1 Ltd.— dividend Potash 1 8- 5% Hill common 8- 15c Shares Fund Insurance Stock S. 25c (quar.) common preferred preferred New (quar.) A 1! Tool, A Shoe United 67f (quar.) dividend Value Service— 8 8- 60c (quar.) Ltd. preference Merchants Stock 50c (quar.) 1 7-29 8-16 7-27 40c 8-16 8- 5 — 22M>c 3 $1.20 (quar.i, Keno United 62 V2 c (quar.) 9- 20c (quar.i Ltd., Income Valspar preferred 8-17 t35c Improvement, preferred (quar.) Universal 8- 8 1 (quar.) Upper Peninsular Power, (quar.) Southern 7-20 $1.20 (quar.) Materials 8-15 Electric— 4 9- $1 Gas Universal t50c Gas 8- 87- 92V2c Investments, class United 59c (quar.) 8-26 7-28 87V2c com. Corp., & Fuel 6% S. 8 30c 17'/2C Line— (quar. 1 Drill 4V4% •U. 8- Missouri investment class A United U. l Lines, B United 5 OD Corp.— 7-15 9-15 8-19 25c Calif, of Corps., United U. 1 30c common Continental Class 14. Co. convertible United 2 7-29 8- 9-30 Cigar-Whelan Stores Corp.— (Front 2 9-30 60c (quar.) 9- 9-30 28c common 9-30 31 y4c 8-15 $1.14 (quar.) of Canada, preferred United 1 t25c 7-20 (quar.) Y.) (quar) Co. Air $3.50 6-30 50c (quar.)_ com. Gas Oil 4'/2% 7-30 (quar.) Y.) preferred (quar.) preferred United 7-20 Sl.OG'A preferred Union 7-20 8 7-30 $i.06y4 iN. (quar.) (quar.) preferred $4.50 8-31 8- 7-30 45c (quar.) Indiana 8-31 Power preferred Common • 1 383/4c Petroleum preferred 15c 25c n»/2c (quar.) Calif. 10- 7- 35c com. preferred 8- 15c 8 1 60c pfd. (quar.)—_— $4.25 preferred (quar.)— conv. $3.50 + 8 7- 8- 17y2c (quar.i Union Electric Co. of 60c 7- 1 62'/2c (quar.) (quar.) Insurance $5 Co., 40c (quar.) preferred conv. Southern $1.50 2 1 8- 91 y4c (quar.) Pipe Corp., Tyer Rubber, 9- 7-15 8- 15c (quar.)— Co. Gas, Twin Coach 9- t50c 4.56% 4.72% Trunkline 2 1 $1.21 (initial) Universal Temper 2 8- $1 Quarterly 10- 7-15 21c 40c & Gas $1.12 V2 (quar.) Southern 1 8-19 7-31 (quar.i Gas preferred Trinity 10- 50c Mills, preferred Southern $2.55 Trico Oil $1.12 Va (quar.) 8-15 9- 7-27 9-15 — (N. Corp. preferred $1.12 Va (quar.) Paper 4.48% 4.80% 7-13 Corp. preferred Southern 50c 10c 7-15 4.90% 25c (quar.) (interim),. Hungerford) (extra) Sonotone Corp., common (quar.) $1.25 preferred (quar.) 7-12 8-15 1 pfd. $1 (J. 1 8- 8- (quar.)__]._ common Mines, Ltd. preferred Smith 5 40c Co., (Howard) 1 J$1 Transcontinental t25c (A. O.) 6% Transamerica Union (quar.) Slater 8- 1 8-12 8-12 8-12 Canada, Ltd.— Co. (quar.) (N.) Co., Ltd., common $2 1 1 8-26 8-26 8- Co.— (quar.!,— 1 Oil Smith (quar.) 9- 9-16 7-15 9-15 10c pfd. common Trust & Co. $4 class A (quar.) preferred (quar.) Dairies, Ltd., class A (quar.) (quar.) Gold Siscoe Trane Co. Bank 9- I21/2c (quar.) Loan Silverwood 8-12 8- 7-13 8-14 1 Cquar.) Co. & Trust 9- convertible 7% Trade 3 7-29 9-29 $1 (quar.) Townsend 7-29 9-27 7-29 (quar.) conv. preferred 7-18 8-25 8-15 (quar.) — 70c pfd. (quar.) Co., $1.50 of Power, preferred Signature $2.50 4.56% 7-18 1 10- 1 {12'/2C (quar.) (quar.) 1 1 1 8- 50c common preferred 8- 9- 1 8- 8-15 $1.14 preferred 8- 91V4C 8- 8-T5 — 4.257o 8-15 45c (increased) Smith 9-30 9-1 1 8-10 7-20 8-15 Ltd.— Pipeline Thompson-Starrett, 10% Co. Sierra 8- 8- 8-1 Thermoid 7-15 1 7-27 32y2c Gas preferred 7-15 1 Edison 8-15 37'/2C (quar.)— 8- Guarantee 1 7-27 25c (quar.) Mfg. 1 8-15 25c 1 Metal 9- 12- $1.04 (initial) — Light, $4 preferred (quar.)— Co.. 1 10- $1.08 preferred $4 Inc. Brothers, conv. 7-12 7-26 1-1-56 25c 3.65% $2.40 4 7-28 50c (initial quar.) preferred preferred 8- 7-15 8-11 50c —— preferred series A Texas Power & 2 7-30 25c — (quar.) 8- 8- 7-11 — (quar.)— Instruments, 4.48% Title 7-26 9- $1 30c 35c (quar.) (quar.) Texas Industries 8-15 t50c 7-15 8- _ 7-31 5 5 5 7-11 (quar.) Natural 75c *56V4c (quar.) 1 75c (quar.) — (quar.) A 8- 10-14 — 88- 7-26 Sulphur (quar.) 50c 7-11 25c Service, t$1.07 7c 8-19 $1.17y2 * Corp. Illinois Texas 10c 6 8- (quar.) 7-11 (quar.) 9- 8-15 Hampshire 7-25 Corp, 90c New TelAutograph Corp. Tennessee 7-6 True of America, class A (quar.) $4.50 preferred series A (quar.) $4.50 preferred series B (quar.) $4.50 preferred seires C (quar.) Sibley, Lindsay & Curr (quar.) $1.03' 7-20 7- 1 t45c 1 $1.12Va 1 1 Texas Gulf 8-15 1 8- 8-15 — common 8- Electric 9-10 12'/2C preferred B (quar.). preferred A (quar.) 8- Texas 7-16 8-15 .(increased) A 8- 6 7-15 8-16 25c (increased) B Electric., 1 50% (quar.)_ Taylor Pearson & Carson (Canada) 5% convertible preferred (quar.) 60c dividend 12'/2c (quar.i Class class 15c 30c Quarterly Southern (quar.) 4v2 % Inc., Tampa 25c Sherwin-Williams 8- 8- 15c $1.25 (quar.i. Corp. of America— (increased quar.) 8- 45c 7-21 income) Manufacturing 8- $1.06 "A 1 Talon, 1 8- $1.12y2 (quar.) preferred Superior Steel Corp. (quar.): Sweets Co. of America, Inc. Swift & Co. iquar.)— Quarterly f25c Common 7-22 quar.) 8- ' 7-15 8- 2% Biscuits J31 '/4c (quar.) Inc. preferred 8-15 ; 8-15 $1.07 Va (quar.) Co preferred $1.55 (quar.)_ 1 Shares— Water 95c Colorado— (Increased Service Shawinigan 7-22 (quar.) Common 3 9-13 Leather — (quar.i investment (From 7-15 (quar.)__ preferred Public (quar.) 8-31 insurance— preferred Transport Service preferred 9-15 1 (quar.i Washington 9- $1 (quar.) American 8-15 Co., Ltd., com (s-a) Gamble Co. Providence $2 & $1.183/4 85c Selected 8 20c (quar.) 8-15 8-15 30c 8- 7y2c pfd. 1 1 2IV2C (quar.) (quar.) Roebuck Sears {40c (quar.) 99- 7-19 dividend Toledo A 3.65% Line Seaboard (quar.i (quar.)__ 8 $1 7-29 65c — Superior Separator, 6% 6 7- 7-25 56c 7-18 50% Supermarkets Sunshine 6 $1.02'/2 1 1 65c — 40c Inc._, — preferred (quar.) (quar.) dividend Stock 9- 7-18 8- 12y2C (quar.)___. —— dividend).— J20c (quar.) preferred Seagrave 10c Ltd. 9-15 37 '/2c 7-29 (quar.) (stock 4Vi% Co., 8 25c common 9- A 25c 9-12 8- 7-15 9-15 8-15 —— (quar.) common Corp. tlOc Security Insurance Co. of New Haven $1.75 Co., class Stock 7-21 1 32'/2C (quar.)— Pomeroy, Co 9 RR.— Co Corp., Inc., preferred common...—_ 7-15 45c & Ashtabula Oil Sunbeam 7-26 8 7-15 9- {6c pfd. preferred 4'/2% 3 8- (quar.) Dillon 7- 1 HV4c iquar.). Wine Talbot. & 6% common Valley & series preferred $3.40 9- 7-25 15c iquar.1 — (quar.) Hutton nreierred, Scotten 7-11 7-30 10c Glass Co.— Sun 8-15 5.20% Gas, Propane 5.20% 7-15 Scott Paper Co.— 10-25 $1 Pittsburgh Youngstown - (quar.) —1 Industries 5'/a% 50c iquar.) 7-20 Schwltzer-Cummins Co.— 75c common preferred conv. Ry., (quar.) Schoellkopf 9 7-20 $1.25 , 1 8- 9-15 7-26 25C — — 8- Suburban 8-20 Class 7-13 $1 iquar. 1 Petroleum Quarterly (1954 series) Sullivan Consolidated Mines, Ltd.— 20c 8-29 9 9-30 (quar.) 9-io 8-10 9- 30c —1 common 7-20 7- 7-18 Spring Corp. Name changed to stubnitz-Greene Corp. 1 1 12-13 7-30 Stubnitz-Greene 1 8- 9-13 12-30 15c 8- 8-10 9-13 25c 10- 9-15 1 7 9-30 Co._ Coal 17Y2C 75c 10- (quar.) & Strawbridge & Clothier, 9-15 1 8-26 20c 8-20 20c _ Coke 20c 97Vhc preferred (quar.); 4% preferred (quar.i., Phil'ps-Jones Corp., com. (quar.) 5% preferred (quar.i x___ Phillips Petroleum (quar.1) Piiisfcury Mills, common iquar.) 10- 9 43 %C 8-31 Inc.— 3.90% 8-15 Helena Rubinstein) (see $1.50 _ 8-15 6 7-20 —___— Ltd., class A Co., $1.10 (quar.) Philadelphia Germantown & Norristown RR. 6 9- 9- (quar.) common (quar.)_. 8-31 & $1.07'/2 ; (quar.) 3.80%- preferred 9- 1 9- 1 8-1 $1.17 (quar.) Container Stoneage 8- 8-15 15c . Electric Fuller, & preferred 183/4C Scarfe 20c (quar.) 2 7- 3IV2C quar.) preferred (quar.)_—! Thatcher Glass Mfg, Co.— 40c 50c (quar.) iquar.)___ 8- 8-18 1 *1.25 Thalhimer $1.75 iquar.) 8-15 1 8- —— (increased Co. & 8-20 20c (quar.) 10c 1st 1 9- 25c (quar.) P.I Baer 7% Stone 8- 56c 8-31 {15c (Brooklyn) 6 7-11 tlOc $1.25 2 y2 % Voting and non-voting common Peoples Credit Jewellers Ltd., National 7- 6-10 Miguel Servomechanisms, Peoples Stix, 7-11 7-27 3 Savage Seton Peoples Gas 7-15 1 7-25 (J. 8- Erewery, Inc Industries, com. (stock div.) 75c conv. pfd. (quar.),——— $1.30 preferred (quar.)__ 8 Penobscot Chemical Fibre— (quar.)—_ 8- J15c preferred 4.32% 40c ; Stevens 7-11 $1.06 $1.06)4 (quar.) 5% 7-20 7-29 25c pfd. 4,247c 4.2574 8-31 7-30 1 1 7-11 1 Corp.—- 6-30 7-15 8-15 10- 9-14 50c 35c (quar.) common Scythes & Co., Ltd., com. 15c Sand 100% 88- 8- (quar.),, 7-25 7- (s-a) preferred 80c 8- Glass iVa% Stetcher-Traung Lithograph o7« preferred (quar.) (quar.)__ Louis, San Francisco San 7-15 90c 7-25 12-15 8-15 +$1.50 1 8-15 8-15 {30c ______ (quar.).— $1.25 {75c (s-a)__ 8- 1 Textiles— Stern (quar.) 10-25 —. 35c Stores Bros. & (quar.) 10-25 preferred Stern A 11-15 11-15 conv. 7-21 convertible preferred A 11-15 (quar.) Co. (Phila.)— Investment non-cum. 1 5% 33c 32'/2c — Bterchi 8- 7-15 12- 1 37'/2C — (quar.)„_:—_—. 9-13 25c (quar.) 7-21 Ltd. Canada of 12-13 ~——— common preferred Peun "4 Ltd., 1 Co. $1.25 (quar.i—_—— preferred 8- Steel convertible preferred 7-23 (quar.)—— 7-15 4.16% St. 7-23 preferred 7-14 1 5% 8-15 preferred, (quar.)—1,— 7-18 8-11 9-19 St. 8-15 (quar.) <quar.)___ 7-29 8- 7-22 8- tl5c class A (quar.) Class B (quar.) Staulfer Chemical (quar.) 7-21 7-29 33c preferred preferred 5% 50c 8-26 5c — Brock, 1 Saguenay Power Co., Ltd., 4V4'/« pfd.. (quar.) Croix Paper Co. (quar.)—__—_— St. Lawrence Corp., Ltd. (quar.) 32Vic $1.30 £1.32 Stanley 1 9-15 10- 3 1-3-5" 10- 7-20 5c 9- Corp., A Sclienley : — (quar.) 3-15 10c Ryder System. Inc. (quar.i— S & W Fine Foods, 4% preferred 100% 37 Va c $1.25 12-15 5% 5C quar.) 3- (quar.) 30c t56»/4C quar.) (initial 10- common Rubinstein 8- 1 8-1 Penman's, Stores, 7-15 — (stock dividend)—, peninsular Telephone Co.— (initial B 12%% 7-20 Class 7-15 $1,30 25c 9-13 10- (Del.)-— A Class $1.19 (quar.),___ Rothmoor 5 8-31 Corp. Milling Co. Class $1.16 (final) 7- 9-15 8- 1 $1.32 B (ord.) 7-21 8-31 $1 Ltd. 8- iquar.)— Standard 1 —_ (increased quar.) 7-20 3 (quar.) pfd. 4»/2% 9-12 —— (quar.)_— (quar.i 7-25 8- 1 8-15 1 8-15 9- 10- 15c (quar.) com. A B Corp. and 10 Class 8 Power, & 7-29 7- preferred Light preferred preferred 4.75% 8-17 9-15 Common pfd. 7-25 7-30 div.')_ (stock Tobacco Ltd.. 3 JI1.50 50c (quar.) com. 7-20 7-27 30c 4 — Commercial Fuel, 9-15 (quar.) Quarterly Standard Standard 1 Sunrise preferred (quar.) — 4.10% preferred <quar.)__ _—::——._ 43/4% preferred (quar.)_— —_ 9-15 9-15 9-12 1 4'/» 7-15 10- .1 44c — 7-20 7-20 1 30c 7-20 $1.25 <accum.)_ (quar.), —___ Rochester Gas & Electric, common (quar.)— 7-29 7-29 — Mfg., Ltd., common $1 A 1 1 8- International RR. Co.— 9- 30c (quar.) Myers, Inc., 9- 1 2l/2C 2M>c ke, Davis & Co Penico Co. Gas $1,50 partic. 7-29 35c i class 88- Quarterly 8- 5c —_ 7-20 $1.37 Vn pfd. (accuin.) 1st $5.50 9-13 (Texas)—,— (quar.)_i_ 1 $1.10 93 %c (quar.)______ Mills Robbins & {20c V7» preferred (quar. >_ :—._—{35c Peerless Casualty Co, (Keene, N. H.) (quar.) 25c Quarterly 1 25c Pa Baton Corp. Rice 7-20 8- $1.15 • 1.75 Antelope Copper Mines, Ltd.— shares ——:—;— 7-18 7-29 75c $1 7y2c (quar.) com. (quar.) 10- $1.75 : ______ American Roanoke 1 opokane 6-17 70c Cquar.)— Cement, 7-29 7-25 7-20 70c (quar.) 7-20 1 (quar.) Stoufler Corp. quar.)——— Valley Gas Co. Brand Riverside 7-14 10c preferred (quar.) preferred (quar.) 5% Oil Grande River 7-13 7- 1 7-25 25c 25c quar.)„—___ preferred preierreo Richfield 8- 8- 1 8- J15c ' 25c $1.25 50c 10c (quar.) —_ Inc., common (quar.)— 33/47o preferred (quar.) 62'/2c Corp. (quar.) Rich's, +$1.75 (quar.)— Fiberglas Spencer Kellogg & Sons Inc.'— 1st 2nd 7-30 Spear & Co.. 8-12 2% $1.25 Co. Pacific Packard-Bell Co. Tobacco Co.-r- J.) increased 1 7% 8-15 8-15 8- 1 9-30 7-15 9-12 _______—_, (increased Common 7-20 4.(35% CO.—— owcns-Corning <R. 9-21 8-15 8-25 25 c each (stock div.) Gas & $1.06y4 20c {25c (quar.)_———_ Engineering Resistance Welder 7% 10c — preferred (quar.).——— Onondaga Pottery Co.— ———outario Steel Products, Ltd., common for common par (Canada), Ltd. (quar.), Supply (Calif.) iquar.) Oil 8-25 Chemical— 4V4% & 7-14 40c (quar.)—; Mathieson O'Ui Electric Reserve 30c ,—— (Ohio) (quar.) dividend)— $10 Reitman's 7-30 9- 1 7-30 preferred 25c (quar.) value share held),—,—.—_ par 6-24 8- 4.367c — (stock of share One 9-16 59%c 6IV2C 50c — (quar,)— common preferred A (quar.)—— 4.92% preferred (quar.)——. 43/4% class A Co., (quar.) Reliable Stores 8- 1 10-1 8- 1 8- 1 8-1 7-20 50c Reliable Fire Insurance Dayton 6-^4 7-15 $1.12Mi {$1.75 25c (quar.) 7% ,pfd. Ltd., iquar.) 7-15 Roan Mfg. Co.— 4V2convertible preferred Mills, B 7-15 {$1 20c (quar.) Co. 7-15 obcrman Ogilve Flour A.) Class 1 30c 8V3C — (Hartford)..—— Insurance northwestern (C. Reed 8 7-15 9-15 7-30 5 Rapid Grip <fc 8-15 1 8- 30c Rapid Electrotype 8- 20c 75c 7-15 1 8- preferred (quar.) preferred (quar.) 87'/2C (quar.) (quar.) 1 8- 27 >/4c 4.607c 50c Co., common (quar.) 7-15 8- 10c — Plastics—— northwestern Co, 25c Extra 1st preferred $3.50 convertible 9- 9- 10c northwest (quar.) 8- $1.06 Va (quar.) 7-14 Quincy 7-20 8-15 7-29 8- 1 8-1 8- Mining Co Quinte Milk Products. Ltd., class A (quar.) Radio Corp. of America, common (quar.)— Co. preferred 4.407c 7-25 I30c Quebec Power (quar.) 11c — 7-21 Reynolds preferred B 4.257c accumulated and current 8-I0 9- 4.157« Inc.— from Income) Quarterly Distribution Shares, Inc. (quar.) — 9- 8-15 97 Wc (quar.). 9- S1.033/4 (quar.) preferred preferred 7-20 92V2C preferred 3.90% 1 Payable of Rea. Service Public 3.70% 7-22 80c 7-18 Northland Greyhound Lines— Class Fund net Republic preferred (quar.) ————— RR. mew Hampshire) (quar.)— 4.60% Southwestern 8-15 Service Sugar (Year-end 9-15 Power Co. Ltd.-— northern 3%'/« Alegre Puritan 50c 933/4C $1.12'/2 £1.12 V'2 75c 25c 115c 8V3C 15c ___ auj. preferred (quar.) —— Jlonnetal Mining, Ltd. (interim)— northeastern Insurance Co. (Hartford) northern Punta 7-19 < initial»—150c com. 47* northern 1 7-18 9334c 15c (quar.), Ltd., Western ii —--—— pfd, <quar.)____ ;?~wberry (J. J.) Co., 3%% Niagara ^ (quar.)—, preferred 3.75'i 8- 8-la Share Name of Company Holmnre When Per Holderi Payable of Rec. 43c Public Washington approval) to Commission 1 7-30 9-JO 8- 1 9- 1 8- 1 8- 1 87 /2c 5c Merchandise Co. iquar.) —— Electric & Gas, corn, iquar.) York Hew* 8- 20e iquar.)-,— __ Hew Hew iSubject 7-15 ... 18c 40c 50c 40c interest—, beneficial of Certificates Hew 1 8-1. °0c preferred (quar.) England Fund— 32.40 Hew Share Name of Company Puget Sound Power & Light— Bros., Inc.— convertible preferred 4a,.i% When Per Holderi When Payable of Ree. July 25, 1955 5% (quar.) (increased) pfd. (quar.) $1.25 9-10 9- 1 $1.25 12-10 12- 1 ( J Number 5449 Volume 182 The Commercial and Financial Chronicle ... When Per Name of Company Viceroy Mfg. Class t A Class Share (quar.) & Co., Petroleum Warren Bros. Co., common convertible 1 (quar.) preferred convertiDle preferred (quar.) Coal of that company in Transmission's consolidated returns," Mr. Naff stated.—V. 182, p. 257. 1 9- 9 all 5 7-15 9-1 8- 1 8- 1 8-10 8-10 9-iO 10- 1 8-15 7-14 7-15 7-25 7-25 9- 1 9-15 12-15 7-8 5uc 50c 25c ._ (quar.) .—— 1-3-56 o-l 17y2c 20c 8- 1 8-15 7-15 8- 1 20c 27V2c f30c 8-15 8- 1 9-15 8- 1 7-14 8-22 (quar.)_______—15c Condensing (quar.) 20c 8-15 8- 1 8-1 7-19 preferred prior Point Mfg. Extra (quar.)—_: _ (quar.)_____ Co. ?. Westchester Insurance Products, (quar.)—_ <quar.)__ — Lines Air Western Ltd. Co. *+■ - . Fire . Insurance $2.50 cikfes A Co.— Securities Western Faciiic Western Tablet & R. prelerred Westminister B R. . Co.. (quar.) Stationery lien 6c $1.50 __ (quar.) (quar.— Co. 7-30 8-31 9-30 7-31 4c —- com. (quar.) . Oil tquar.) Wilson-Jones Co. (resumed) & Lovett Monthly Monthly 7-29 9-20 8- 1 8- 1 8-31 7-15 7-15 8-10 monthly) 6c 6c Electric Wisconsin Fund Power pfd. (quar.) Public $5 $5.04 preferred Woolworth iF. $1.26 (quar.) (F. W.) Woolworth $1.25 Co. 50c (quar.)_ Ltd.. W.) dep. Amer. 9- 1 re¬ the that so capital stock The with trustee Dillon, under Read Construction will being the Federal 80% own A, feet Alex. inclusion is Co., under paying as way peak days.—V. on Singer, Manhattan Blair 181, net earnings of share for tne Thermo Ray The SEC corporation covering per for working used Ground modification 50c 8- 1 7-20 is 25c 25c 10- 1 11- 1 9-20 10-20 25c 7-29 the Martinsburg house Va.) (W. facility production new will facilities t3c 50c 7-29 8- 1 6-29 7-15 15c 7-29 7-20 10% J22V2C t56 V4c 8-30 8-1 8-1 8-16 7-2 7-2 Jr., (monthly) Co. Monthly - Monthly - —— Yates-Arnerican Yellowknifc Machine Fear York County York Co (interim) Ltd. Mines, Hoover Gas (quar.)- Corp. (quar.) Yosemite Park & Curry (stock Zelier's, Ltd., 4'/2% (quar.) common preferred div.) (quar.) not closed for this dividend. •Transfer books Canadian non-residents tax. tPayable in U. S. funds, less 15% tPayabie in resident funds, Canadian deductible tax the at Non¬ source. a Less x British income tax. published and/or indicated is date The corrected) payment here for Municipal this designed be 30, and dividend part cf the Defense facilities,' of Office amortization rapid is first the facilities Certificate Necessity of investment. the of The contract. processes end All products. wartime chasing of as Capacities through facilities. diminishing 2,500,000 to Principal natural therefore will of barrels 43,000 materials raw of avgas of quant.ties annual an to or peace a rapid conversion can be.m?de to meet military required. The Armed Services Petroleum Pur¬ requirements duction essential are the Agency for operation butadiene or materials these of and ectncmy civilian reeds or plant of its type in that it to provide unique operating aviation gasoline, will with avgas tons of be determine range from the pattern annual an pro¬ tons of butadiene, increasing quantities of 17,000 and butadiene at butane normal gas fields gas GR-S will heavy consists the by private refinery of butylene streams approximately 70% butadiene and this new facility source of a material vital to this country's additional synthetic rubber industry. Butadiene built plants during World War II were recently sold to by the Rubber Producing Facilities Disposable Com¬ operating at or near full capacity. government industry mission ant! are addition In of an GR-S represent expanding independently demand. butadiene and avgas already in the to further financing will be pro¬ for the new venture by a group of commercial banks headed by Bankers Trust Co., New York, and including The First National Bank of Boston, Girard Trust Corn Exchange Bank, Philadelphia, equity The National Bank of tric Trust, of Houston, Providence, and City National R. I.—V. 130, p. Bank, 160. Eastern Production Texao 181, p. Eastern Transmission below.—V. convertible, stock common made upon be at p. 2022, and 2520. to and larly directors authorized an offering of shares of its capital stock in'exchange for shares of the capital stock of Texas Eastern Production*Corp. in the ratio of one share of Transmission corporation on stock j stock. Geoige July Corp.—Exchange Offer— for 20 each 2.6 shares of Prsducvtion corporation T. Na'f> President of Texas Eastern Transmission Corp., Co & 20,000 20,000 unsubsidized facilities to provide a the from Bombay TWA and Colombo will proposal provide to Manila via Southeast States flag Airlines Asia and in round-the-world Manila.—V. at addition produce connections using 2246. p. of will service 181, lines more I . _ Power Electric of Co. Co.—To Missouri Dissolve— above.—V. 171, , 1396. p. ) \ Co. of Missouri—Acquisition— and its subsiidary, Union Electric Power Co., St. Louis, applied to the SEC for approval of various transactions the dissolution Electric all owns of Co., 1955, the its and company the outstanding acquire all of to Power and Commission to request a hearing securities property and the has transfer given thereon. of Power its of interested Union Elec¬ by accomplished (1) the transfer and company, assets. for Union University, Jackson, Tenn.—Bonds Offered— Ziegler & Co., West Bend, Wis., on July 6 publicly $300,000 of first mortgage serial bonds, series A, and net estimated $25 provided as share per to and including and to proceeds on or in case will from used be to the sale the of the retire 3V4% used due divided about equally between equipment The proceeds of the 3'/4% note to be working capital which had been simi¬ will be inventories. used 1954 to stocking BUSINESS—This In equip scores new corporation chain of a Ohio and and stock new stores. Funds for which may be opened during 1957 supermarkets located 61 West in Delaware and western Pennsylvania, incorporated was in Virginia. 60 name of the of items, the due Dec. 1970. company principally in changed was May on 1949, 11, established name coffee. H. P. by from P. H. Butler Co, to in order to standardize the company for certain Butler Co. of Pittsburgh, Pa., Jan. 25, 1955 and on May 24, 1955, the GIVING EFFECT TO company PRESENT FINANCING Authorized 1969 (truck fleet) maturing April 1, obligations maturing 3'/2% April mortgage 1959 25, — - sinking fund June subordinated $1,500,000 $1,400,000 maturing 165,672 165.672 180,000 34,447 ($23 par value), 5% cumulative, 5% cumulative, With 1955, •Includes (25c 80,000 and stock secured due denominations by first a from Dec. June 4% June ol 1, $500, mortgage 1, 1969 $50,000 1963 1, to $1,000, the on 1, 1956 to 1960; due June June $5,000 Union 1, and University Union University is affiliated with and Convention with a membership of 6,750 Ga.—Regis¬ Exchange Commission— Securities and covering offered for estimated salesmen pany legal of the whom the organized will enter into under Georgia life reserve insurance United named Selling and other expenses are offering to be made through the proceeds, company law July 011 $3,500,000 to company American Life be organize accident contracts. to The be used to wholly-owned Insurance com¬ 1955. 15, is all forms of ordinary and group insurance; write to a proceeds of its stock sale, be to registration statement with the SEC on July 19, 3,500,000 shares of its no-par common stock, to be 15% at was and filed public sale at $2 per share. with the Of Co. organize by United which and will $1,500,000 will be used and casualty company, also wholly-owned and to be named Tourists Indemnity Co. and to write various forms of acci¬ dent ahd casualty insurance; and the balance of approximately $1,000,000 will be used to engage in mortgage loan business and related fields of mortgage financing. an United Rayon Manufacturing Corp. par income Net American June on Unio 000 shares V. reserved share the July 011 corresponding equivalents of miscellaneous net Sales 8'; during the higher than As result 1954. a about last sales of lower 17% deductions second period of income during per outstanding Kunstzijde when income compared the of 2,093,110 $1,300,- was operating $600,000 last of $13,100,000, were expenses, the $2,300,000 with period same 1955 during higher 1954, net 83c or Algemene operating Income in the 1955 higher income from affiliates and $12,100,000 than $1,700,000 equivalents by Lower quarter of of 15 outstanding, were share. quarter was offset by a somewhat about $200,000 of net miscellaneous the second year. about of income was $1,900,000 for the same period quarter reported year. Net income to $1.47 share of $1.75 for the first six months in the there 1954 first was American holding in half a share per of about Each share $400,000, American of share is Florins 1,000 20c or 1954. non-recurring from company's Vereinigte addition, miscellaneous income, totaled of the Clearing 011 Machine Corp. July President of program to by 20 U. calls a of about Glanzstoff-Fabriken per certain American of or during $3.42 per equal $3,600,000, one-fifth A. G. security first the of and, the in profits, share. the division a expansion Snyder, I. Expand— Chicago, $3,000,000 John for of including Industries, S. profit equal $3,000,000, equivalent to one-twentieth of an Ordinary value each.—V. 178, p. 2245. par launched has Inc., W. was However, sale S. Industries, Inc.—Unit to tries, 1955 American share and compared with $6,900,000 per American Jr., of U. S. Indus¬ program, Chairman of it was an¬ the Board Inc. erection of new facilities which are into operation within three months. President of the Clearing division, stated that the include a new building with an area of over 61,000 go Glasner, will feet and added that the new plant is designed for even greater the future. It is being built on Clearing property, adja¬ the companys present plant in the Clearing district in Chicago. 2,000,000 cent the conversion to The *1,500.000 shs. for 1955 American announced American per quarter of 2,056,536 was During 61c second the on 1955 expansion in shares reserved for issuance option plan. for share 30, N; or square issuable value)_i (A. K. U.)—Quar¬ terly Earnings Higher— R. , series B restricted 4.10% the Tennessee Baptist This company facilities be- initial series debentures in to $100,000 United American Investment Co., Atlanta, ters The 30,000 shs. stock issued are by scheduled July series Common $70,000 1958 1, 1962; 694,979. and 3.000,000 stock and 1, (valuation $2,027,979). sponsored nounced deben¬ (convertible on or A 30, .1962) 1975 1, 1967; Dec. Campus The Outstanding subsidiary due Dec. of 1956 tures, series to are $30,000 3V4% due June 1960 They U. CAPITALIZATION Equipment follows: as 1, and to quarterly notes Dec. 1, quarter 1898. dividends of 10c per share each, based on the present outstanding shares. During recent years the company has supplemented cash dividends with stock dividends of 10% on Jan. 2, 1952, 5% on Jan. 2, 1954 and 5% on Jan. 3, 1955. On May 17, 1955, a three for one stock sp.it of the company's common stock was effected by the distribution of two additional shares for each one share outstanding on April 15, 1955. 4y2% mature $50,000 3V2% $10,000, or Inc., trade new DIVIDENDS—On declared a trailers. established was operates company Markets, under its the and Thorofare 1957; American Share warehouse and distribution center and general ofiices at Murrysville, Pa., 18 miles each of Pittsburgh, which is centrally located in the area served by the company's markets. Produce processing and distribution facilities in a leased building in the wholesale produce marketing area of Pitts¬ burgh are also operated by the company. To service is markets the company owns and operates a modern transportation fleet of 35 addition, The 3%% to 1, 1955, at 100% and accrued interest. bonds will 1, replenish to during and 1957 subsequent years will be obtained from retained earnings and depreciation reserves and, if necessary, from additions financing. eastern The Dec. before including Jan. 1, 1957 Jan. 1, 1958 at 103% I received be $1,905,000, at company were operates dated June - a equipping in The except 100'/2% ; thereafter and to and including Jan. 1, thereaiter at 100% ; with accrued interest in at years merchandise retired Pfd. Texas Eastern Transmission its conversion of the debentures. redeemable also are expenditures average, and fore 180, offer through Union Co. be 833V3 thereafter the of 16, Corp.—Exchange Offer— Corp. Baker Thomas & Co This acquisition is $1,250,000 cash, by Power company to Union Electric Company, of all the outstanding stock of Union Colliery Co.; (2) the dissolution of Power company, the transfer of its assets to and the assumption of its liabilities by Union Electric Co.—V. 181, p. 752. to B. C. in the amount of $750,000 and the balance will be used together with other corporate funds to equip new stores scheduled or expected to be opened during 1955 and 1956 and stock them with merchandise. The company estimates that on an 4% Texas See 20,000 Thayer, extension until July 29, proposes Debentures Sold—Mention — capital, Commerce The Sixty and will Electric to to persons expansion in the future. has a large interest in Thieblot Aircraft. vided Houston, 20,000 Inc. 50,000 Electric have assets now used for aircraft Thieblot management. It of hangar door wings, case. note iso-butane, and hydrocarbons which are plentifully available in the oil of the Southwest. The I new TB&CC operation will consequently not be dependent upon refinery butylenes, a by-product used in most alkylate and butadiene plants, but will dehydrogenate butane by the Houdry process. The plant will thus supply additional and into 100'A%; tractors alone. 20,000 Co., & company incident exclusive and will combine wellflexibility. It will alternately, alkylates for blend¬ ing into commercial motor fuels, and butylenes. At the same time it will produce butadiene for GR-S synthetic rubber, nylon and other established produce finished Co at at PROCEEDS—The nation's alkylatePurchasing Agency Petroleum Services the & Emery hangar under long, initially are debentures 105%; each for expanding the program Armed new company a Mobilization has issued a Defense permitting This the awarded 15 50,000 said United Union Mo., Aircraft engineers and building, three stories high, Company. new issue of our will debentures, Juiy route a Union Thieblot the Markets, Inc. 1957; 1959; 1968 President cf Texas Butadiene, Lear Simpson, States flag service to Manila via strategically Important Asia, Warren Lee Pierson, Chairman, announced on July 7. application being filed with the Civil Aeronautics Board, TWA Northwest See completed $27.50 per share thereafter to and including June thereafter to and including June 30, 1962. No iractional shares will be issued and no adjustment for accrued interest (Continued from page 12) As ready for debentures lohowing two Godfrey L. Cabot, Inc., Boston carbon black manufacturer and largest single stockholder in the new enterprise. E. L. Green, Jr., VicePresident cf a Cabot subsidiary, Cabot Carbon Co., has been elected Saunders, Stiver & Co Co., . The during the following two years at 102% ; during the next two years at 101%; thereafter and to and including Jan. 1, 1964 at 100%%.; the Investment News avgas feet 350 of America made in The on and of existing which is adjoins an airport, redemption, 30, at Corporation and & Reed, 50,000 Co., • Airport company. July 18 of the public offering on July 14 of $2,000,000 4% sinking fund subordinated debentures, series A, due July 1, 1975 (convertible on or before June 30, 1962) at 100% and accrued interest by Hulme, Applegate & Humphrey, Inc. and associates. The offering was quickly oversubscribed. or General 20,000 258. p. Pierson This is expected to Bridge and Iron the at wide by were construction Pittsburgh Thorofare was of Incorrect. was engineering Corp. 20,000 Co.- offered June date record is Vitro The Less Jamaica income tax. date and & corporation an with ; building feet 120 15%; resident tax 7%. tax y Previous The 20,000 McJunkin, Patton & McKelvy & Co 50,000 Co.___ & , second a aircraft for feet of floor space and steel the 20,000 Jenks, Kirkland & Grubbs 50,000 Co communication Co., Inc.—New Plant— at large a and for to Co. 50,000 Co._ % Mr. 7-15 (Wm.) let was 20,000 & capital. year. Extra Design Contract Sulzberger United In July 11 filed a letter of notification with the shares of common stock (par 10 cents) to be share, without underwriting. The proceeds are to be 64,000 square early next 20,000 Co._ Bangkok. modification, as¬ sembly, machining, sheet metal working and other types of fabrication, as well as administrative and engineering offices, will contain more than 50,000 Co._! Yeatman requests on which plant, Co. 20,000 Co 50,000 & & Corp., Irvington-on-IIudson, N. Y.—Files broken was July 20 for & Co._ & Union new Hallowell, & Southeast this 49,900 offered at $1 50,000 Steel Trans World Airlines, Inc.—New Service— new period of the previous year.—V. 180, p. 670. same Ginther, Johnston & Shepard 181, & 20,000 50,000 Inc. —V. 20,000 : Schmertz Incorporated & 20,000 Co. & Co Fauset, Turben Suplee, agent. 75,000 & Curtiss, House & Co Inc. Bank Lynch Cunningham, Co., Inc. 50,000 Masten Prescott, Lestrange Boenning 50,000 Richards Merrill, Co., 25,000 100.000 Sherrerd McCormick & Co._ A. the latest nine months is equivalent to $2.03 per share 764,266 shares of common stock outstanding as compared with $1.22 Monthly Wrigley Hentz Harris 100,000 & Weedon E. Fairman, Co. & Eichler Kay, The income for per Scribner & Crowell, corporation, for the nine months ended May 31, 1955, were $1,551,460 as compared with $929,048 for the same period for the previous year after provision for income taxes. The fiscal year of the corporation ends on Aug. 31. on Arthurs, & 2246. p. 100,000 & Staats Co. Co., Inc. Co.L & Inc. $50,000 50,000 100,000 Butcher H. company Inc. Sons_____ Co & Wagenseller & Durst, Woodcock, Hess & 150,000 Leonard & the with purchase from the company the sinking fund subordinated debentures, series Inc & R. Bateman, new on Co., Deane Bache Inc., Humphrey, & to 150,000 Brown This 7-15 7-20 8-19 (s-a) & William Chase The is agreed severally acting below, agreement below: Cruttenden tax Corp.—Debentures Sold Pri¬ indenture the & underwriters forth Strould Texas Natural Gasoline Corp.—Earnings Higher— 8-1 8- 1 9-1 preferred prior 5% set named Applegate underwriting The Ohio Co " $1.11 25c 25c Mfg., the an Hulme, Applegate & Hum¬ phrey, Inc. $200,000 minimum income into respective amounts of 4% facilities in Louisiana, Tennessee, Kentucky and Indiana with completion expected by this fall. When completed, the new expansion program will enable the pipeline to increase daily gas sales to firm customers up to 100,000,000 cubic 7- 5 5-16 (interim) Worcester County Electrie— 4.44% preferred (quar.) 1 of the shares already 80';. Production, Eastern entered whereby this corporation on July 19 announced it had completed sale of $18,000,000 in 4% debentures due June 1, 1975. The sale, according to W. T. Stevenson, President, was made through Dillon, Read & Co., Inc., to a group of insurance companies headed by the Metro¬ politan Life Insurance Co. of New York. 8-24 8- 1 ordinary Worumoo V. Texas Transmission thereaiter of of have program, 20'%? $2.50 ceipts ___! shares acquire to UNDERWRITERS—The underwriters through their representative, Hulme, vately—To finance its 1955 expansion and construction on (quar.) preferred (quar.) is Texas Gas Transmission Service, Common registration recoiu. stock in addition to the 68.64% Thieblot Aircraft income) of the to Moore, Inc.— investment Wisconsin 6% of of offer by Transmiss.on more 7-14 25c — __ Wisconsin (From 25c ____^„— (incr. Grocery 8- 1 9-30 9-15 8-19 8- 4 15c (quar.) Wilcox Winn 10-1 7-29 7-29 10- 1 8- 1 8-1 $1.25 PI2V2C tl7V2c 25c $1.433/4 $1 50c 40c (quar.) ___ 9-9 7- 8 7- 8 9-15 7-15 7-15 7-20 9-20 9- 2 7-29 7- 8 7-20 8-19 9-20 7-15 27y2c A i the of purpose owned or stockholders Consolidated White Sewing Machine, S2 prior pref. Whitehall Cement Mfg. (quar.) Whitney Blake 7-18 7-15 7-15 7-15 8- 1 : — class Westmoreland, Inc. (quar.) Wheeling & Lake Erie RR., prior 75c . (quar.) Paper, iquar.)__ 8- 40c 31V4c 34%c (quar.) preferred (quar,1) 5'/2% pieferred (quar.) 1 8- 1 8- 1 8- 1 8-15 $2 (accum. 1 Light & Telephone, common 5% this percentage of Production capital stock required to permit the b-ia 8- Production "The Steel Foundry Michigan 4% When Production Corp. (quar.) West Class 25. 8-19 7-15 8-12 8- tender relating effective, a prospectus detailing the contemplated exchange together with the proper exchange form to be used will be sent to offer 50c .___ West Kentucky 5% July on 9- 1 (quar.) (quar.) Western SEC 8-15 1 9- $1.12V2 $1.061/4 7oc common preferred Western the the upon offer. statement becomes 50c 62Vi>c (quar.) $4.25 Weeden & no., Western with the 6 3uc (quar.) Westeel filed contingent to registration a 9- 20c preferred 5% preferred West be is response 8-15 Inc $4.50 7% will action in Naff, Mr. 11-29 $1 37V2c 135c (quar.)~ Washington Gas Lignt, 4% offer shares to 9-6 (quar.) com. Pictures, Brcs. Warren 4% Transmission's 263,402 9-15 2% &c Am .net Vvarner that least 12-15 —— Iron (quar.) 6% pfd. (quar.) Mines, Ltd. (quar.) Ccal Walker at 110c (quar.) Virginian Railway, Waite stated According 9- 1 11-29 flOc - Co. dividend Virginia 9-15 12-16 37l/aC B Chemical Stock Holdert Payable of Rec. $12y2c tl2 V2C (quar.) class A 50c B Class Vick Co., 51 (359) general contractor is John Griffiths & Son Construction Co. of Chicago. 2,611 shs. 5,000 shs. 741,396 shs. of the 4% under the company's addition In the purchase to plans call for milling machines and other major machine tool these of new facilities. Clearing expansion equipment. Clearing Machine has two plants in the United States—Chicago, HI., Hamilton, Ohio. In addition, Clearing has manufacturing arrange¬ and ments abroad.—V. 182, p. 116. _j 52 The Commercial and Financial Chronicle... (360) CAPITALIZATION Employees States Rubber Co.—Contract With United GIVING PRESENT TO EFFECT FINANCING Western Authorized contract covering pensions, insurance and severance pay has been* signed bv United States Rubber Co. and the United Rubber Cork, Linoleum and Plastic Workers of America, CIO. The ■contract which covers 33,000 of the company's employees in 19 plants, Is effective Aug. 1 and is openable after three years.—V. 132, p. 253. A five-year new Stores Corp.—Semi-Annual Report— United Received Dividends McLellan 1955 1954 $309,090 $410,100 396.138 396,138 ______ Investments: on stock Co. common Stores McCrory Stores Corp. common stock income Interest Gov't Securities-^ S. U. on income Total Net —— profit 181, —V. 44,375 59,340 56,000 . Federal income tax for 58,600 $664,853 _____ United Utilities Co.—Debentures Placed corporation The at has sold and par $4,000,000 of undivided an Life The Insurance will company term debts, Co. Travelers and $1,600,000 use proceeds advances to subsidiaries for construction purposes, and the balance for working capital. It is a holding com¬ pany which controls 15 telephone operating subsidiaries and one gas and electric utility. See V. 181, p. 2976. Universal -—Files Mining- & Milling Co., Albuquerque, N. M. With Securities and The company on July ■covering 5,000 shares of share, per without incident -expenses filed 5 Exchange Commission— stock (par proceeds The mining operations. to to are be used to pay Net Interest UOP at by the this 53. Net in ore this Corp. of America—New Discovery— of excess its H. Assay 1.440,000 richest John Va and the strike White Office ■over July on 10 mile. grade $9 per few miles a in date the to 20 in located from Riverton, Wyoming of feet White Mr, mentioned has it President, stated that Jr., shows square tons to announced 18 commercial said, "The of of the Riverton averaging ore estimated 1.440,000 Utah and and claims 4,500 some .15 tons, assay Wyoming.—V. in 181, Uranium Technicians With The Securities corporation June on 6EC covering 30,000,000 at cent one Lake City, incident Coast of letter a stock shares of common City, Utah— notification (no be to are to with pay be used by the company tinuing construction program. the corporation talization the of stock Oregon SEC the which at 50,000 cents, to are 400,000 shares are 250.000 15 1 filed a letter of notification with shares of common stock (par 25 cents), of covering be at to 20 offered be at 10 cents 50,000 and cents at 25 to pay expenses incident to used share, per cents. Bee Corp.—Modifies Guild Films Co., The within California. oil and uranium exploration. of jier share, with Offering—A dealer's discount of 70 cents a con¬ financing, capi¬ funded debt 44.4% furnish the pre¬ ; at announced, Reesdale, Pittsburgh. to The and than more Co.—Plans Pa., its on stock common completed be to 18 plans for a new generating Allegheny River, 40 miles north east station will be built at a cost of about power new is unit the by with the of 1958. It Point domicile of special have the of the stockholders to the that Georgia. Aug. 11, A 1955, the company hak obtained a Georgia Manufacturing Co., with a capital stock of all of which is owned by this company. The merger agreement To accomplish charter $500, for been this West into objective Point into entered merged the is of plan which under Georgia the Alabama would corporation corporation. approved will merger unless and until holders of two-thirds of the outstanding stock the special meeting of stockholders.—V. 181, p. 1718. the by This corporation has Thieblot Aircraft purchased Co., Inc., for cash of a substantial Bethesda, Md., stock Period Ended June 30— $85,910,000 $75,455,000 2847. p. to an by J. Carlton Ward., Jr., President of Vitro, and Armand J. Thieblot, President of Thieblot Aircraft. (It was reported that close to $1,000,000 was paid for a 45% stock interest.) ing corporation uranium claims, eastern Utah, 14 announced the acquisition of 62 promis¬ of them located in San Juan County, South¬ July on 54 and the remaining Colorado. Southwestern eight claims in San County, Miguel purchase was completed on July 1. Thieblot Aircraft will pro¬ immediately to construct large additional facilities for engineering «nd production at Martinsburg. W. Va. Acquisition of the interest in Thieblot Aircraft will permit Vitro to greatly electronic, the development electromechanical and and weapons production systems and facilities for will supplement All largely other Division, chiefly the Silver Md., laboratory, which is engaged in numerous developments, for the Navy, in underwater ordnance, guided missiles and COL-NY stock. not all systems. Airciaft in devek pmewt ordnance Ktis an Add., and production systems -personnel, and engineering for in ewpfThiu.nl.al and and operate, of aircraft addition component The use. to engaged cqncern parts the offices in design, aircraft, for employs company engineering in and about Bethseda, 275 Md., production manufacturing plant at Rockville. lease the Municipal Airport at Martinsburg, under Va. W The Vitro sidiary Cup. and uranium. of is America engaged in of lecovery •devHopmt'tU Ci tUm of labilities, and the tcft and plant* nth operating manufacture and r five engineering technical divisions milling, metals, of of and and processing chemical instruments processes, dt'simi has the mining, rare one and sub¬ refining in cash total was COL-NY pay a half and amount perpetual of 10% in Western which was royalty on properties the colors processing and and share a in San Juan Bucktail County, mineralization Group, Utah, include the Morrison in Group Gold has of eight are in the the Ray Group formation and uranium and chemicals, properties in the Silver Reef also, through its subsidiary, Golden Mining Co., in Arizona. These acquisitions mark the com¬ first entry in the Four Corners area. Western will commence exploration and development of these properties shortly, the an¬ nouncement added.—V. 180, p. 298. Crown pany's See Canadian Petrofina Ltd.—Proposed Exchange Offer— Ltd. above.—V. 175, manufacturing heuvdy involved in the atomic energy program p.nd is the 4WJly Amcnuau company now engaged in a cross-the-board operation in that field, from the research and mining stages through engineering ©f complete ) nuclear facilities.—V. 182, p. 116. * used to the cent) Co., & to Inc., expenses- pay 1955—6 Mos.—1954 $2,526,657 $14,001,160 $9,810,194 Co.—Record Sales— ended June hit' 1955 25, all-time an high, the company and we anticipate that earnings, likewise, A. D. Davis, President, told directors at do sales year totaled $259,950,401, year, compared with. increase of 13.99%. Whil& an The shares the period would be approxi¬ figure of 91 cents three-for-one on Aug. adjusted an split were Trading in Futures and Has No Futures Position— James for E. Davis, himself and Chairman his three of this acting company, brothers, July on spokesman as issued 15 the following, statement: "We have entered Department Commodity suspension a order, did from however, which Lovett "In position the board potato continued of the flatly and whoil.v potato market. We positions in potato futures. for reason because of the have that Winn were to use intention to o£ manipulation trading Agriculture this no friends our unable no relating we before with been have we Department of even Company position. and was had aware eventuality transpired marketing order which PMA deliveries. desire no investigation The Grocery futures argument we allegations admit do Agriculture complaint. merchandise, we are in delay in publication of the precluded have Since ail delivery no the theoriginal drawn-out Agriculture. Lovett not in for hedging operations, trading operations. futures deny & had perishable long a of Winn and ncluded handling the of been into Department "We futures with Division, agreeing futures. The suspension, commodity include in stipulation Administration in have ot enter Exchange not trade occupation to consent a trading does not should our into which to be would structive results."—V. a sounding board time consume 182, and for hearing a with money and no con¬ 155. p. Whirlpool Corp.—Proposed Elisha Gray, President, Consolidation— July 16 announced that arrangements, principle by the boards of directors of Seeger Refrigerator Co., Radio Corp. of America and Whirlpool Corp. whereby a new company will be formed under the name WhirlpoolSeeger Corp, which will own and operate the businesses now carried on by Seeger and Whirlpool and the stove and air conditioning divi¬ have been of agreed The RCA. new many will company mately $130,000,000, and for on in upon worth net a have of total about manufactured years of assets approxi¬ $85,000,000. refrigerators and freezers, for sale by Sears, Roebuck and Co. under its trademark, "Coldspot." Whirlpool has similarly manufactured home laundry equipment for sale by Sears under its trademark, "Kenmore." Since World War II, Whirlpool has also manufactured and sold through distributors and dealers, under home a the tioners under Sears is the laundry RCA has stockholder such in the in both new agreement between in of by RCA 20% the and President the Sears, the of the of the Board of Whirlpool, will be the President and new of the new the Board of and company, ranges, air and condi¬ plans to stock interest, a stock owned It is each, by stock common will proposed be that of Seeger, will be Chairman, that Elisha Gray, President, Chief Executive Officer of the company. When the outstanding value transaction $80 $5 Approximately the mately of of of stove and ment stock. of RCA the air conditioning covering the use use of this of a issued of stock will stock the combined will the Also trademark lines RCA be stock, and into in combina¬ Commence¬ timed 1956.—V. of 1,157,000 cash enter will company. will during the to share for trademark new 211,000 common outstanding exchange to Approxi¬ approximately in "RCA" of issued issued of a. non¬ value follows: as be basis. be shares with of par approximately each businesses. of products will share and receive stock a substantially for 13's for shares with have will stock common 211,000 stock common share stock ratio merchandise new be of common on of Whirlpool-Seeger the preferred "Whirlpool" introduction will on of in of shares preferred common Whirlpool-Seeger agreement with of Whirlpool-Seeger approximately shares stock Seeger common shares tion shares share a shares Whirlpool preferred of Seeger Such of 1,548,000 stockholders and convertible 3,080,000 stockholders consummated. 5,785,000 share per cumulative share. per is approximately of voting 4'A% of Chairman Seeger common outstanding Whirlpool-Seeger. G. Seeger, and electric room holdings of RCA and Sears total outstanding stock. By total of sold RCA will have stock trademark, own and gas has Whirlpool company but the total constitute less than 50% of its under sold and company. new excess line and "RCA Estate," trademark, "RCA." the a as equipment manufactured trademark, with 181, the 2058- p. Whirlpool-Seeger Corp.—Proposed Merger— Western Leaseholds See Whirlpool Corp. above. 2698. p. Wisconsin Central facilities. Vit'to be with one Inc.—June Sales Up 16%— year earlier. year its claims. extensive Southwestern, Utah (par Newton 1954 Not and showing notification 1955—Month—1954 outstanding at the end of per share, compared with mately $1.10 shares as to are for the previous fiscal an Channel Western of known belt. and physical research, equipment systems, opera- ceramic will claims, mineral claims 46 the Colo. half consideration, this Western Colorado Uravan area Cortez, 99-year lease from the According to Ralph G. a produced from the claims. ore of to under of payment addition disclosed, obtained were Inc., Uranium, In The an properties President, Brown, weapons Thieblot the of existing facilities of Vitro Laboratories «6pring, «f expanded fiscal will shares mon par The ceed of stock earnings figures for the period have not yet been completed, Mr. Davis, pointed out that earnings after taxes should reach approximately $5,000,000, an increase of 30% over the $3,851,780 reported for the previous year. On this basis, per share earnings on the 4,575,674 com¬ voted Western Gold & Uranium, Inc.—Acquires 62 Claims— This letter a common through Hicks, Walter announcement obtain of share, proceeds Stores, their regular meeting. In the latest fiscal will 1955—6 Mos.—1954 $18,210,000 $15,384,000 181, filed 29 shares per history of year $228,045,301 in (Mo.)—June Sales Up— 1955—Month—1954 Sales interest according the continue Western Auto Supply Co. —V. the in "Whirlpool." effective become not June on cents Lovett Grocery the Seeger has Purchases Large Interest in Thieblot Aircraft— in for recommendation. that upon to changed from Alabama stockholders has been called for be sec¬ share. per record & for sions Co.—Reincorporated— recommended company meeting act to Manufacturing directors 88.144 have will This kilowatts.—V. 1,900,000 Fall estimated capability of 165,000 will bring system capability 181, p. 2970. an system. 258,356 140,902 $2,933,692 "We July on 303,621 101,073 2347. p. Winn Expansion— the on 224,854 108,570 6.000.000 five at 181, Sales 1940. Electric Penn corporation covering —V. & . telephone and of Washington, States dividends has paid company 204,933 155. p. Sales in since year company This completed. was company's the present in areas 41,214 1,139.060 Denver, Colo. The net incident to mining operations. stock ■ ondary offering of 6,000 shares of common stock (par 50 cents) was made on July 14 by Blyth & Co., Inc. at $23 It certain single turbo-generator kilowatts, the largest in it Corp. of America—Secondary the sh. per common new part of subsidiary 55,548 1,217,817 income oper. offered be delay West be Working Agreement— The SEC the each of the company at Vitro the stock and surplus 41.5% its 51,315 1,115,078 Wet Mountain Mining, Inc., Colorado Springs, Colo.— Files With Securities and Exchange Commission— to and company service of 21,917 991,155 railway— railway.; from ry. group Commencing June 1, 1949 quarterly dividends of 50 cents per share were paid to and including Sept. 1, 1953. In November, 1953, the common stock was split two for one, and, commencing Dec. 1, 1953, quarterly dividends of 25 cents have been paid.—V. 182, p. 53. 50,000 proceeds above. Inc. sale the finance to and common DIVIDENDS—The has VifcLsix Offered—A stock (par $10) at $19 will be as follows: company 14.1% and West July on 112,866 expenses Vertex Oil & Uranium Co., Inc., Omaha, Neb.—Files— Net a CAPITALIZATION—Upon completion of The The 117,911 forward of 1953 Statutory Loss. Co.—Stock from proceeds a par) used 428,153 181,720 132,249 above subsidiary—.— common will $25,000,000 to be offered Investment Co., Salt Anderson-Hackett Utah. The net proceeds mining operations. to Lake Salt 2,261,894 431,988 included British Telephone PROCEEDS—Net This Exchange Commission— filed 30 through share per Corp., and subs, 150,000 shares of station Files 11,789,119 outstanding from 111,853 from —V.,.182, headed by Blyth & Co., Inc., on July 21 offered publicly 1717. p, $351,216 12,251,116 3,014,538 British 1952 $412,462 116,950 income oper. Net 31, during report is valued at approxi¬ mately ton. Mining this ore costs about $2 per ton giving this corporation an estimated $7 net profit per ton." The corporation also has extensive mining properties in Arizona the 27,078 '187,689 487,788 —- $78,000 credit due to carry p. 1582. 180, 1,575,997 228,879 $485,745 received ry. 1953 $428,472 112,468 From Jan. 1— Gross 7,627,323 — — shares inc. Net 1954 $406,920 29,814 $9,998,187 liabilities Dividends Wyo., making area. report from a 122,873 9,345,363 1,678,500 210,063 20,316 Income on 1955 $245,879 railway railway from White's Auto $9,875,314 expenses assets Capital Net taxes Alabama—Earnings— Period Ended June 30— 137,856 depreciation of from Net 1954 $12,227,780 and for telegraph body a per $12,089,924 income Current ferred corporation 1955 expense Provision a Uranium 40c Ry. March— Gross (& British Subs.)—Earnings Up— ______ BUSINESS—The This of were on platinum-containing catalyst in upgrading naptha to a high quality gasoline. Scheduled to go into operation are a fluid ■catalytic cracking unit and a UOP polymerization unit, which will make it possible to profcess gases from the catalytic unit into high -octane gasoline. A new laboratory building will also be constructed. p. price acres income West a purchase a 3,575 on 'Includes As the first step in a $4,000,000 improvement program 5,000-barrel-per-day Platforming unit has gone on stream ■Champlin Refinery at Enid, Okla. The Pla.tformer, licensed 182, acres, leases — income Amortization ' Oil Products Co.—New Platformer Goes uses 687 Subsequently, Cost of products sold__ Selling, admin. & general Stream— company, in interest May sales Other —V. Universal organized was Wayne Pump Co. Current notification with the SEC $ 101 to be offered at $20 letter of a common underwriting. half paid. was Total short- discharge to for $1,800,000 913,768 shs. 6 Months Ended May 31— Co. Insurance the of Privately— 4%, 25-year sinking fund institutional investors. in the placement. Principal Life Insurance Co., Phoenix 13 Outstanding 1,000,000 shs. cents)—_. surrendered upon geological advice, leaving a net total of 19,147 acres. In addition, the company purchased, in fee, 32 acres in Middle Fork District, Randolph. County, W. V., which cost approximately $1,600. All of the present properties of the company are located in Upshur, Randolph, Webster, Barbour and Lewis Counties, in West Virginia.—V. 181, p. 2742. v ' its interest to accrued Kidder, Peabody & Co. acted as agent participants were Massachusetts Mutual Mutual $689,040 < 2288. p. debentures $806,880 $765,228 c - expenses Provision 10 (par 1, 1952 in West Virginia' as Hardman & Sons, Inc., which name was subsequently changed to its present name. The company was formed for the purpose of ex¬ ploring and developing gas and oil propertied. The properties held by Hardman & Sons, Inc., consisted -of 14,495.5 acres of gas and oil leases which were purchased from W. C. Bond, Clarksburg, W. Va., at a purchase price of 80c per acre, or a total cost of $11,596.40. Subsequently, the company purchased an additional 7,113,5 acres of gas and oil leases at 80c per acre for a total purchase price of $5,690.80 from Ira S. Hardman, Sr. Where the company purchased acre Total stock BUSINESS—Company 642 Ended June 30— Six Months Common Monday, July 25, 1955 Western Maryland Ry.—Earnings— Period End. May 31— Railway Railway 1955—Month—1.954 oper. revenue, $4,112,366 oper. expenses 2,726,316 Ry.—Earnings— May— Gross 1955—5 Mos.—1954 $3,681,424 $.18,512,645 $17,580,851 2,505.839 13,008,077 12,872.576 1955 from Net from Net ry. railway railway oper. 1.954 1953 1952 $2,688,456 $2,431,325 $2,734,731 $2,505,453 732,166 549,126 627,514 450,002 income 449,140 429,138 278,957 206,637 12,110.059 11,602,791 13,511.417 12,638,695 2,776.042 2,096.000 3.365,050 2,222,523. 1,330,866 823,038 l,394,o!4 732,473 From Jan. 1— Wafgieen Co Period Ended —V. " • tine '.me irt Sales Higher— 1955—Month—1954 Net V Washington Natural Gas Co.—Stock Offered—Barrett -Derrick & C>■* Inc., New York,' on July 18 offered pub¬ licly 238,632 shares of common stock (par 10 cents) at $1.25 per sh »re "as speculation." Of the total, 213,578 .shares are being sold for the account of the company and 25,054 share.1 for the account of selling stockholders. PROCEEDS—The jrenre notes; and net the xmtals. acqu si,ions, a proceeds remainder etc.). to used the for used 181, Western Pacific Net from Net ry. $4,708,275 3,662,734 3,201,415 RR Co.—Earnings— railway income 1954 from Net ry. —V. railway railway.— oper. income 181, p. 2976. from Net from Net ry. —V. railway railway oper. 181, p. income. 1952 The $3,927,754 5» 5.003 567 $4,273,875 rest of 1,176,893 912.096 419.277 1.675. 503 1.250,685 new financing 700.175 646,279 25.145 275 20.736.584 8.381 ,259 5,324,996 aims 3.J53 963 2,133,076 level. next spring, 19, i 50,326 3,895,1Kb 2,689,125 1,898.527 . Gould W. Financing— construction to Van do about Derzee, money the- for $35,000,000 President, of recently stated. Types of securities 5,055,059- 20,731,947 Power Co.—Plans company expects to get necessary this year through bank loans and $4,440,473 631,971 __ 2847. Wisconsin Electric 1953 From Jan. 1— Gross working capital (for drilling, be railway oper. from to $5,a04,568 741,733 1955 from Net are $1,175,535 913,173 2626. p. May— Gross to company $1,386,050 Net railway oper. income —V. 2S-1. Gross ry. operations 1955—6 Mos—1954 $15,741,390 $15,298,409 $90,493,664 $88,264,523 lul, from revenue but he indicated to ferred reduce Present stock.—V. to bonds its be offered have are common capitalization 181, p. not been determined, he said, likely to predominate, as the company equity ratio relow the present 39.3%^ stock 2058. includes 48.2% debt and 12.5% pre¬ Volume 182 Wizard at Boats, Inc. The Commercial and Financial Chronicle ... Sales (Calif.)—Files With SEC— ment, The 8EC Number 5449 corporation June on filed 30 letter a of notification the with covering $2 120,000 shares of common stock (par $1) to be offered share, through Neary, Purcell & Co., Los Angeles, Calif. per The net used for proceeds working are to be capital.—V. used 176, to for pay 181, The Goodwill Station, Inc., Detroit, Mich.— Earnings Decline— Sales 1955. Net amounted For the profit for in Net for the 1954.—V. period earnings 180, period providing 1955 for for as of six 195 months then Federal amount to $25c ended taxes for as June 30, Co., the of amounted same compared J. - After period to to $1.76 preferred to per for the share stock. $260,853 of For which, equalled 50 cents nine loans the Vice-President $2,562,500 fund will be debentures, and-the company's The at 15 sinking remaining common the after per same stock after period provision May of a 31, 1955. provision year ago, dividends share of common stock. on of This is equal dividends profits on amounted preferred to Treasurer, improve¬ nine (F. W.) months, 102 J/2 % the debentures of be will used will United have be the used States July on company's to for and been called for 50,000 stock, company it had shares called on or of expects belore thai for redemption cumulative development Canada. Zonolite Co.—Expansion Plans Revealed— Aug. This stock, the stock, $7,000,000 instalments over Your Dollars all 5% of ing the series, Aug. 15 into of the loan. a the sinking fund will company Fall This loan is to 10-year period.—V. of help h no be will in shares the of common preferred stock and funded repaid 177, p. and in the debt equal content, of will for quarterly 2137, employ mill greatly the nation's a and refining new Libby, will be increasing the fiscal year • 38 cents near southeast. process which was successfully Mont., plant last year. Scheduled fotf equipped to utilize ore of low vermicu¬ the total ore reserves of the company, leading producers of the mica-like mineral. ended March increase. 31, sales set as a against Net Income declined new high of $6,354,510 $5,960,870 for the pre¬ slightly from $373,883, share, to $366,044, or 37 cents a share. "A. T. Kearney, President, reported that sales for April and May, 1955, were for about a 15% ahead the remainder of of the make possible the make possioie rne AMERICAN "FRED CROSS i east Zonolite's vious year, a 6.6% or for the The annual report showed Zonolite cumulative except in operation, the lite one 1.1 debentures have mill introduced dividends. Each share of the preferred substantially all construction The ' retirement preferred 10 Aug. preferred oI stock (par $1), which were recently of¬ publicly at $12 per share by Paine, Webber, Jack¬ son & Curtis, have all been sold. See details in V. 182, p. 258. 16. Of 4V2% redemption converted. After common company has disclosed plans for a new $313,000 mill Greenville, S. C., to meet the growing demand for vermiculite in said convertible the $308,920,1)30 2847, p. Wright Line, Inc.—Stock Sold—The 110,000 shares class B current repay 1955—6 Mos.—1954 1955—Month—1954 , $57,822,535 $54,654,189 $327,451,378 181, fered . $52.50 per share plus accrued be Woolworth Co.—June Sales Higher— Period End. June 30— improvement.— said all retire $2,937,500 in is Inc.—Earnings Increased— ended and used $1,500,000 properties fund The. company months past 40% a $41c providing for Federal income taxes, operating profits amounted $757,114 marked a the arranged a loan of $7,000,000 from the First Chicago and the Northwestern Mutual Life Insurance at to shows ago; equalling has of Cook, B. outstanding Woodall Industries, year to 1582. p. period a 2401. Bank total, sinking bank $1,534,533. were income $216,677 against share per the period $15,987,267, Sales company National the $1,324,572 comparable after $131,089 1954. to nine-month same ago, Wocdley Petroleum Co.—Receives $7,000,000 Loan— This WJR, p. the to —V. 514. p. for year and construction new volume compared $22,389,407—a V. 53 (361) the year same months In is promising."—V. 1954, 181, "and p. the 2289. outloo*. Commercial and Financial Chronicle The 54 DEPARTMENT STATE AND CITY AND NEGOTIATIONS BOND PROPOSALS (P. O. Dothan), Houston County Alabama Sale Warrant of issue An — $200,000 State gasoline tax antici¬ pation warrants was sold to a group headed by Hugo Marx & Co., Birmingham, as 2s. Dated July 1, 1955. Legality approved by Dumas, O'Neal & Hayes, of Birmingham. Mobile, Ala. Bond Offering—H. Comptroller, City bids sealed Aug. on until Ziegler, receive (CST) a.m. purchase the for 3 G. will 10 of $17,000,000 Bankhead Tunnel rev¬ enue refunding and improvement bonds. Dated May 1, 1955, Due May 1, 1995. Principal and inter¬ est (M-N) payable at the Chepnical Corn Exchange Bank, New York City. Legality approved by Caldwell, Marshall, Trimble & Mitchell, of New York City, and Collins, Murphy, & Galloway of Montgomery. Ala. receive (CST) a.m. Aug. on purchase of until 4 sanitary bonds. Due on Jan. 1 Prin¬ Hoyt, Legality approved by Reed, Taylor & Washburn, of New York City. 181,' —v. Low, offered June 13, 2742—were awarded p. 8 (CDST) p.m. until July on Principal inclusive. 1975 to and the Jounty Treasurer's office. Legal¬ ity approved by Orrick, Dahl¬ quist, Herrington & Sutcliffe, of interest payable (J-D) at Francisco. San Works Dist. (P. O. Fresno), Calif. County Water resno No. 21 Offering Bond — J. L. Brown, County Clerk, will receive sealed aids until 11:30 a.m. (CDST) on July 26 for the purchase of $112,water works bonds. Dated (F-A) payable at the County Treasurer's office. Legal¬ approved by Orrick, Dahl¬ Herrington & Sutcliffe, of ity quist, Francisco. Goleta Sch. Union County, Calif. Offering — J. E. Lewis, 10 the (PDST) a.m. purchase bonds. to Dist., Angeles County, Calif. Offering—Harold J. Ostly, Los Bond County Clerk, will receive sealed bids at his office in Los Angeles until 9 a.m. (PDST) on July 26 the purchase $886,000 of Dated Aug; 1, 1955. Due on Aug. 1 from 1956 to-1980 inclusive. Principal and building nterest bonds. or at of the fiscal agencies of the county in New York City or Chicago. July on until 28 8 for bids sealed will** receive Clerk, City yer, the purchase of follows: $305,000 sewer bonds, as 1 105,000 general obligation bonds. June Dated 15, 1955. Due on 15 from 1956 to 1976 in¬ June Principal clusive. approved by Orrick, Herrington & Sut¬ cliffe, of San Francisco. Legality Dahlquist, V ' ' ■ j t% \ f . School Oroville ,» ♦ ■ Butte, District, County, Calif. Bond Sale—An issue of was sold to the Co., of San Fran¬ bonds building $330,000 American Trust Pinedale Sch. Dist., Fresno County, California 54 his at 2 in office El Centro until (PDST) on Aug. 1 for the purchase of $200,000 school bonds. p.m. Dated Sept. 1, 1955. Due on Sept. 1 1960 inclusive. Prin¬ from 1956 to Offering —G. A. Peque- will receive side until 10 a.m. (PDST) on July 25 for the purchase of $500,- building bonds. Dated Sept. 1, Due on Sept. 1 from 1956 o 1975 inclusive. Principal and nterest (M-S) payable at the County Treasurer's office, or at cipal and interest (M-S) payable at the County Treasurer's office. Legality approved by O'Melveny the & Trust & Myers, of Los Angeles. Cottonwood Union Elem. Sch. Dist., Shasta County, Calif. Bond Offering—Ruth A. Pres- leigh, County Clerk, will receive sealed bids ding until 2 at her office in Red¬ Bank National America of Savings Association, Los Angeles, or at any of the fiscal igencies of the county in New York City or Chicago. Legality approved by O'Melveny & Myers, of Los Angeles. Los Angeles County Clerk, will receive sealed bids intil Principal and in¬ payable at the County Treasurer's office. Legal¬ ity approved by Orrick, Dahlquist, Herrington & Sutjcliffe, of San (F-A) Francisco. School District, Angeles County, Calif. Bond Offering—Harold J. Ostly, Clerk of the Board of County Su¬ pervisors, will receive sealed bids at his office Bond in Los Angeles until (PDST) on July 26 for the purchase of $8,000 school bonds. Dated Aug. 1, 1955. Due on Aug. 1 a.m. / at his 9 the 'or 1955. nterest County any Los (PDST) purchase bonds. Due 1980 office in a.m. on Angeles Aug. 1 Principal and (F-A) payable at the Treasurer's office, or at New York Santa from 1979 inclusive. 1956 to Solano Beach Sch. Dist., San Diego $118,000 build¬ ing bonds offered July 19—v. 182, p. 259—were awarded to Blyth & Co., of Los Angeles, as follows: 1956 to 1963 to 20,000 3s. Aug. 15 from on 1962 inclusive. 182, on Aug. 15 from 1979 inclusive. Union School District, Riverside County, Calif. or Bond gnat, Offering—G. County Pav¬ 54—were awarded to p. offered Sch. Dist. No. R-l O. Lakewood), Colo. Offering—Thomas J. Car¬ (P. Bond ney, payable Legality ap¬ Tail- & Tallmadge by proved County the at office. Treasurer's madge, of Denver. Offering Frederick L. — 1985 inclu¬ 1957 to from 1 Redpath, Hanseatic Corp., ootn of New York, and Stockton Broom^ & District tax anticipation notes of¬ fered July 14—v.. 182, p. 56—were awarded to the Connecticut Certificate, Offering City Morriss, re¬ a.m.- (EST) on Aug. 10 for the purchase $1,300,000 -water revenue an¬ Dated Oct. Due on Oct. 1 from 19od, inclusive. Callable as 1985 Oct. Le-r A-O. Interest 1961. 1, gality approved by, Spalding,«Sib-1 Troutman ley, Keliey, of At-* & lanta. * IDAHO Clearwater County (P. O. Orofino)p Bank Bond Sale—An issue of ards, Merrill and Peterson, Inc., Offering Spokane. Treas¬ Town — received & bids will be sealed of office the Berry Day, Main St., Hartford, 2 p.m. (DST) on July 26 for the purchase of $250,750 until Emerson 000 Class teA" Sch. Falls County Twin (P. O. Twin Falls), Dist. No. 411 ti ing bonds offered July 18—v. 182, p. 54—were awarded to a group • composed of the Harris Trust & Savings Bank, Chicago, First Se-r, curity Bank of Utch, Continental Bank & Trust Co., and Edward L.: Burton & Co., all of Salt Lake : City, Williams School 1, 1955. Due - build-, Sale—The $663,000 Bond Bodnar announces James Conn., ; of Idaho Bond J. $200,000 hospital bonds was sold to Rich- interest. that 10 until bids R. R. will — Manager, sealed ceive Co., of Hartford, at 1.40% & Trust follows: as ,(j Aug. $358,000 2Y4s. Due on July 1 from*: 1 from 1956 to 1975 in¬ Payable at the Hartford National Bank and Trust Co. 305,000 2V2S. Due on July 1 from Dated bonds. 1956 to Aug. on clusive. 1968 to 1967 inclusive. 1975 ^ . inclusive. Clerk, A. A 3revard County (P. O. Florida McHenry County Community Con Titusville), solidated School Bond obligation and revenue bonds offered July 21—v. 181, p. 2848— awarded were posed of to York, New group & Stuart Halsey, B. J. Van Ingen i>f a 8 Co., Dickson S. & & Co., Alieman, of Due 3f Jacksonville. A. M. 100.21,.a basis of about • Sale—The by purchase of Dated $230,000 Sept. 1* bern. Inc.. of Isham, 1955.- Legality approved Lincoln and Eeale, of Monroe and St. Clair Counties * 5'■ (P. O. Waterloo). III. Sale—The $959-000 build¬ Bond $275,000 utili¬ ing bonds offered July 29—v. offered Jacksonville. 1, 1966 to 1974 and Community Unit Sch. Dist. No. July bonds. Aug. Principal Chicago. & at 15—v.- 182, p. 54—were awarded to Pierce, Carrison, Wul¬ Dated Dec. 15 from cessful bidder. Inc., 3.23%. system revenue bonds 1 for the Aug. , -•=Chattahoochee, Fla. Bond on interest^ (J-D) payable at a bank in Chicago to be designated by the sue- i Kidder & Co., of New York, and Thomas Co., of Pittsburgh, as 3V4S. on inclusive. Leedy, Orlando, Pierce, Carrison & Wulbern, bonds. ing Co., Inc., C. Wheeler (DST) p.m. purchase of $185,000 school build¬ & Co., Inc., both Blair & Educa-: Secretary of the Board of tion, will receive sealed bids until com¬ Allyn & Co., of New York, Trust Co. of Georgia, Atlanta, Pl. District No. 47 (P. O. Crystal Lake), III. Offering—Mary E. Halter, Sale—The $4,000,000 gen¬ Bond eral Peque- will receive ILLINOIS FLORIDA side until 10 a.m. (PDST) on July the ;:;r Brunswick. Georgia Idoho Torrington, Conn. Note Sale—Tfte $185,000 Second ties for Atlanta, as 2%s, as 101.66, a basis or about of sive. sealed bids at his office in River¬ building Co., price of 2.58%. Due on Dated Juiy 1, 1955. bonds. July com-\ group a Steai as 6c Co., Hayden, Stone & Co., Francis I. duPont & Co., all of New York City; The Central Republic Co., of Chicago; Auchincloss, Parker & to the purchase parking .» revenue $1,200,000 to Bear, of 1, 1955. (DST) on Aug. 1 for Angeles City Junior College 25 awarded ticipation certificates. Conn. Cronon, City Controller, • will re¬ ceive sealed bids until ,2:30 p.m. of 182, p. Io6—1 18—v. of CONNECTICUT Bond July $4,000,000 cercmcaies revenue worxs were Jefferson County Sale—The Certificate water posed Dist., Los Angeles County, Calif. Bond Offering—Harold J. Ostly, County Clerk, will receive sealed on;,, Atlanta, Ga. of Denver. R. Aug. 15 from on 1975 inclusive. Due 1976 to Thermal due April 1 irom 1979 to 19d3 inJ.„ Carroll, Kirchner & Jaquith, Inc., 1956 to 1965 inclusive. from inclusive; 3.40s, follows: 10,000 series A school bonds. Due of the City in 1978 to $104,000 and $510,000 Sale—The Bond $96,000 series B school bonds. Due Chicago. Los as 65,000 3V4S. Due inclusive. in bonds, 26 Dated of the fiscal agencies :ounty 000 $9,000,000 Aug. 1, from 1956 July office his 2:30 p.m. (CDST) on July 26 for the purchase of $106,- $33,000 3V2S. Due on of at Bond Sale—The Offering—Harold J. Ostly, building to Downey City Los Los Angeles bids Rosa, until County, Calif. 1979 inclusive. p.m. the hansen, County Clerk, will receive Sch. Dist., County, Calif. terest for Valley Union Sch. Dist., 1969 from office. Howard, sealed 100.01, a net interest cost of 3.34%, as follows: about $166,000 3.30s, due on April 1 and in¬ ing District Nos. 2-55 special as¬ sessment bonds offered July 15 at inclusive. 1975 County, Calif. Bond Offering—William P. Jo- City (PDST) on July purchase of $239,000 building bonds. Dated Aug. 1, 1955. Due on Aug. 1 from 1956 to 25 to Sonoma 00 1955. 270,000 utility revenue bonds at GEORGIA urer 1970 inclusive. 10,000 3V2S. Due on Aug. 1 from Rincon inclusive. Wethersfield, Conn. to April 1 irom l9ot> io labO on COLORADO follows: 1971 $200,000 public improvement rev¬ enue bonds as 3.40s, at 100.08, a basis of about 3.39%. Due Aurora, Colo. $25,000 3%s. Due on Aug. 1 from sealed bids at his office in River¬ of Jacksonville, and Wheeler 6c Alieman, of* Orlando, jointly, as follows: J July 2t Principal July 20—v. Inc., bern, payable at the Coun¬ ty Treasurer's Riverside District, County Clerk, gnat, awarded to Dean Co., of San Farncisco, & 1956 Bond build¬ $35,000 were — Witter as . Sale—The Bond were $115,000 Aug. 1, of Dated inclusive. 1975 offered Aug. 1 from 19d6 to on terest (F-A) cisco. p. County, Calif. Due 1955. on - purchase bonds. building New Haven, ing bonds offered July 12—v. 182, School the for (PDST) a.m. urer's office. :ounty Indio 9 until inter¬ and any Brawley School District, Imperial County, Calif. Bond Offering—Harry M. Free, Clerk of the Board of County Su¬ pervisors, will receive sealed bids County Clerk, will receive seaieu Dias at his office in Los Angeles payable at the City Treas¬ est of CALIFORNIA Offering—Harold J. Ostly, Bond (J-J) Francisco. (F-A) payable at the Treasurer's office, or at of the fiscal agencies of the in New York City or Chicago. District, Secretary of the Board of Education, will receive sealed bids until 4:30 p.m. (MST) on Aug. 3 Aug. 1 from 1959 to 1980 in¬ for the purchase of $984,000 gen¬ clusive. Principal and inter- eral obligation school refunding bonds. Dated July 1, 1955. Due est payable at the Bank of America National Trust & on July 1 from 1957 to 1976 in¬ Principal and interest Savings Association, of San clusive. County 4.99%. School Elem. Angeles County, Calif. Los $470,000 bonds 182, p. looawarded to Carrison 6c WuDSale—The Bond Leedy, $200,000 series A revenue bonds. Dated Aug. 1, 1955. Due on Refsnes, Ely, Beck & Co., of Phoenix, as 5s, at 100.0007, a basis about & approved by O'Melveny Myers, of Los Angeles. ity (CDST) p.m. the Legal¬ County Treasurer's office. —v. Orange Cove, Calif. Bond Offering—E. L. Kanaw- 1956 to 1980 in¬ Principal and interest payable at the County office. office, Treasurer's County $475,000 school July 15, 1955. Due Inglewood Unified Sch. July 26 on purchase any July 15 from on (PDST) of $11,000,000 building bonds. Dated Aug. 1, 1955. Due on Aug. 1 from 1956 to 1980 inclusive. Principal and interest (F-A) payable at the Aug. 15 for on a.m. the of Dated 9 until for Clerk of the Board of County Su¬ til Offering—Harold J. Ostly, Bond County CierK, will receive sealed bids at his office in Los Angeles at payable (M-S) Whittier Palatka, Florida 1 from 1956 Principal and Sept. on inclusive. interest Angeless City High Sch. Dist., Los Angeles County, Calif. Los Due 1978 to York City or Chicago. in New Barbara Bond on ty Treasurer's office, or at any of the fiscal agencies of the county Santa Dist., (PDST) payable at the Coun¬ terest (F-A) J00 San a.m. for 29 purchase of $40,000 fire pro¬ tection bonds. Dated June 15, 1955. Due on June 15 from 1956 the for Ariz. Sale—The $140,000 water bonds Commis¬ Watsonville, in Treasurer's Ely, Beck & Co., of Phoenix. revenue office his (J-J) ARIZONA Show Secretary Fire sioners will receive sealed bids at clusive. Maricopa County Sch. Dist. No. 9 (P.O. Phoenix), Ariz. Bond Sale—The $175,000 build¬ ing bonds offered July 14—v. 181, p. 2848—were awarded to Refsnes, Bond of Board Juiy 26 for the purchase of $5,000,000 building bonds. Dated Aug. 1, 1955. Due on Aug. 1 from 19o6 to 1980 inclusive. Principal and in¬ 9 1955. Los Angeles his office in at until Corn Bank, New York City, or at the First National Bank of Montgom¬ ery. the bids (J-J) payable pervisors, will receive sealed bids Exchange, at his office in Santa Barbara un¬ interest Chemical the the for from 1957 to 1993 inclusive. at Calif. Offering—The Bond of District, Protection Fire Santa Cruz County, revenue Dated July 1, 1955. cipal and 10 $750,000 system sewer bids sealed Freedom and interest Offering—Silas D. Cater, Secretary of the City Water Works and Sanitary Sewer Board, will cipal and interest (F-A) payable at the County Treasurer's office. Aug. 1, 1955. Due on Aug. 1 from 1959 to 1986 inclusive. Principal Mobile. Bond Prin¬ from 1956 to 1963 inclusive. ALABAMA 9 Monday, July 25, 19*55 ... (362) 182, 55—were awarded to a group composed of the Harris Tru^t & p. t Qoinncfc Rjinlr Phirs^r) MpT-» Number 5449 Volume 182 The Commercial and Financial Chronicle ... 55 (363) ! by Ross, McCord,' Ice Miller, of Inaianapoiis. proved cantile Trust Co., Newhard, Cook & Co., G. H. Walker & Co., A. G. & Edwaras Sons, and Dempsey- Steele Twp. (P. follows: 1957 1 from Jan. iCDST) 215,000 2%s. Due on Jan. 1 from 370,Ooo chase 1969 inclusive. 19t>6 to 3s. jL»ue on p.m. July 29 tor the on of 1 until $122,uuO bonds, pur¬ toi- as from 1 a an. $61,000 School Township bonds. Due semi-annually from July 1, 1956 to Jan. 1, 1975 incl. Westchester, Illinois Bond Offering (CDST) p.m. purchase of be received Dated water 1, inclusive. Bonds tnereaiter are in due caiiauxe and 1971 as Sept. oi , 1, 19t5. Interest M-S. Legality approved by Chapman & Cutler, of Chicago. Bickel, Offering City July 260—were awarded to the City Securities Corp., In¬ dianapolis, at 3%s, at 100.93. 132, pal p. bids Dated 1 2s, at a about (J-J) Principal Treasurers proved office. Leg uiiiy Ross, McCoid, Miller, cf Indianapolis. of ■ sealed bids Bond & dike, Dated will Bated July 1 clusive. July from The 1955. 1, 1956 bonds 1994 to ap¬ - j . , . Dec. and (CST) oral Aug. from 1 en 1955. 1, 1956 to Due 1974 in¬ June 1, 1975. approved Le¬ Chapman & by Offering — July 11—v. awarded were the tional to 182, on a American Bank and headed group Na¬ Fletcher Trust Co., of Indianapolis, at 1.625%. f'- Bond Sale—The 1:30 Corp., of bonds. of 100.11, Ait p. 3 until 1 frr the Dr*5 1°^5. 1, clusive. 1 r^6 on sive. Principal and interest (J-J) the Forest City Bank from 1957 to 1994 inclu¬ payable at & Trust Co., Forest City, or at City. KENTUCKY Not received bonds July the 14—v. 181, $1,300,500 p. school rejected. was Bond ural o.m. (CST) on MAINE Only Interest J-J. Aug. Chairman of merce of the Board Portland, 000 school 1955. to until Box Due 1969 Dated Nov., 1 on inclusive. interest Bank noon bonds. payable of at Aug. from 1, 1956 Principal and the National Commerce of Portland. approved - by Verrill, Dana, Walker, PhilbricK & Whitehouse, of Portland. Jr., Russell — Mayor, will P. receive (DST) on Aug. 9 for the purchase of $300,000 municipal improvement bonds. July 1, 1955. from 1959 to Due 1979 on and offered pay¬ Legality approved by Niles, Bar¬ ton, Yost & Dankmeyer, of Balti¬ ■ i Maryland State Roads Commission (P. O. Baltimore), Md. Bond Offering—Secretary C. R. that announces mission will until 2 p.m. receive (EDST) Com¬ the sealed bids Ju7y Aug. 2 for on Aug. 1, 1955. 1956 to Due Aug. 1 from on 1970 inclusive. in 1960 and thereafter as Bonds due are 4.31%, in¬ ap¬ net interest cost of about as of Aug. interest 1, 1959. Principal and (F-A) payable at the State Treasurer's more or office Annapolis. in Balti¬ Legality ap¬ proved by Piper & Marbury, and 1059 to 90,000 " . > 4s, 1964 B<>nd from 1956 to 1960 inclusive. to 1963 Due 19~3 78,001 41/iS. Due 1974 to 1979 on Aug. in~lusive. on ' " 1 ~ * from - Aug; Dfrom inclusive. -— The $90,000 1955. to bonds 1964 interest First are on inclusive. (F-A) National dated Aug. 1 fire Aug. 1, 1956 from Principal payable Bank, of at 1956 from dated are payable at to pany bank a be successful July trust or 1, designated com¬ by the bidder. Legality ap¬ proved by Miller, Caniield, Pad¬ dock & Stone, of Detroit. Blackman and Leoni Sch. Dist. No. 16 Twps. Frac. (P. O. Jackson), Michigan Bond Arthur, Offering—Raymond District Secretary, receive sealed (EST) bids until Mc- will 6 p.m. July 26 for the purchase of $250,000 building bonds. Dated Aug. 1, 1955. Due on April 1 from on 1956 to 1980 inclusive. Int. A-O. and the Boston. Ecorse, Mich. Bond Offering Jones, City sealed bids Aug. on Bond Offering Rogers, Town Treasurer, will ceive sealed bids Room Street 411, Boston, the at 111 Trust school project bonds. bonds at Street the The Second Co., Boston, or at will 182, 261 p. were — composed of group Paine, Webber, Jackson & Curtis; Townsend, & Dabney Tyson; Dwinnell, Harkness & Hill, and Lyons & Shafto, all of Boston, as 2V2s, at 100.17, a basis of about 2.47%. Treasurer, the Board of Education (EST) on July 28 for the (J-J) Tilley, 45 Milk noon (DST) on July 28 for purchase of $700,000 school bonds. Dated Aug. 1, 1955. Due Aug. 1 from 1956 to 1974 inclu¬ Principal and interest pay¬ the First National Bank, Legality approved by Storey, Thorndike, Jt aimer & Dodge, of Boston. Boston. dock Fort August Twp. Frac. Sch. Dist. No. 1 (P. O. Ypsilanti), Mich. Sale—The $300,000 build¬ bonds group worth awarded were composed & Co., & Gratiot 157—were Kent to a of Braun, BosInc., of Toledo; 255,000 3V4S. 1960 follows: Due Note of Offering County on will receive Legality approved by Ropes, Gray, chase Best, Coolidge & Rugg, of Boston. ment bids Commissioners, sealed 1956 to and interest bids until 1960 inclusive. 2 Principal (F-A) payable County Treasurer's office. at Mendon, Mich. Bond Sale—The $78,000 water supply system bonds offered July 7—v. 182, p. 56—were awarded Paine, Webber, Jackson & Cur¬ tis, of Detroit, at a price of par, to net interest cost of about 2.96%,, follows: 1956 Due 1961 to 3s. 1966 to on 1960 to 16,000 23/4S. — W. 26 until 8 Port Bond inclusive. Due Oct. Oct. on from 1 1 1965 Due on 1975 from inclusive. inclusive. Oct. p.m, Clerk, bids Leon Huron, from 1 Mich. Offerings—Allen City for the pur¬ of $313,000 special assess¬ bonds, as follows: July D. (EST) on July 26 for the purchase of $400,000 notes. Dated Aug. 1, 1955. Due on Aug. 1 from May 1 from inclusive. Offering sealed (EST).on Edwin — Road p.m. 48,000 Raynes, Township Clerk, will re¬ ceive Port Mueller, Chairman of the Board May 1 from (P. O. Battle Creek), Mich. Bond of inclusive. Due 1973 to on the to Bank County (P. O. Grand Rapids), Michigan $14,000 3s. 1959 awarded Savings Huron. Moore & Co., H. V. Sattley & Co., to , $35,000 build¬ ing bonds offered July 13—v. 182, as 1956 Twp. Unit Sch. Dist., Sale—The a $45,000 3V2S. the bidder. Legality ap¬ Milier, Caniield, Pad¬ Stone, of Detroit. Kenower, MacArthur & Co., First Michigan Corp., McDonald- as trust to be.designated by of Toledo, or oy Bond MICHIGAN ing interest bank Michigan the Bond and a successful proved Street, the of payable at company until at Principal , build¬ July 1, iy55. Due 1956 to 1980 in¬ from 1 until receive sealed bids c/o the First National of Boston, $ou,UUU school oi July Peoples will bids by the Secretary p.m. pui-ciiabc p. Wilmington, Mass. Bond Offering—Grace T. Sealed — be received clusive. Peabody, Mass. Sale—The $450,000 water water mains bonds * offered a Offering ing txmus. na^eu Bond v. Washington Twps. FracMichigan on to and Bond Bank-State Dodge, of Boston. able 1, (F-A)'' Sch. Dist. No. 4 (P. O. Ashley), 8 on Aug. Stone, of Detroit. Elba Co., Harwicn Legality approved by Storey, Thorndike, Palmer c* sive. dated are 1960 payable at the Security Bank of Lincoln Park. Legality approved by Miller, Canfield, Paddock & Port. Bank, bonds to 1955. Principal and interest the Cape Cod Trust Town City's pledged credit of principal and Aug. 1 trom 1956 inclusive. dated are Trust — inclusive. and on of and 1960 to 35,000 general obligation, (City's portion) paving bonds. Due Aug. 15, 1955. Principal and interest pay¬ able (EST), purchase of, follows: as Aug. 15 from 1956 to on 1975 inclusive. The 7:30 p.m. interest. re¬ Co., St., Franklin W. receive the for payment Second 11 a.m. (DST) on July 28 for the purchase of $310,000 bonds, as follows: Due for will $85,000 special assessment paving bonds. Due on Aug. 1 from until 110,000 until 2 $120,000 bonds, Francis L — William — Clerk, full faith Battle Creek Twp. Due 1 inclusive. bonds 1956 of 1.97%. The Aug, 1 from inclusive, on Sale March on 1965 The Orleans, Mass. Watling, Lerchen & Co., all of Detroit; Stranahan, Harris & Co., and Ryan, Sutherland & Co., both Beverly Trust Co., of Beverly, as 2s. at 100.13, a basis of about follows: $32,000 3-/4s. Due Na¬ Co., both of Maiden, jointly, as 2s, at 100.11, a basis of about 1.96%. Dated Aug. 1, 1955. Due on Aug. 1 callable fered July 21 were awarded to the a 97, First tional Bank, and the Maiden Trust countv highway construction bonds. Dated 18— to the to the purchase of $1,551,000 house and police station bonds of¬ awarded awarded were inclusive. Peoples Loan, Savings Deposit Bank, Cambridge. more. to — July rev¬ Lyons & Co.. of Louisville, from J 0^4 Bond Sale The $50,000 fire equipment bonds offered July 20 July 21 bids until 8 p.m. Dated Street Boston, or at the Cape Co., Harwich. Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. awarded Cambridge, Md. Offering Bank-State Cod Trust Legality Fo"d Due inclusive. Trust Co., of 1200, (DST) on July 26 for the purchase of $394,- Portland, $200,000* nat¬ 260—were 1970 inclusive. Beverly, Mass. W. L. 1, Legality 1, p. to Second Maine Bond Offering—Alonzo S. Mur¬ MASSACHUSETTS distribution system bonds 182, purchase of $750,Dated Sale—The gas 1956 $200,000 school bonds. Due on Aug. 15 from 1956 to 1975 Cape Elizabeth, ■;< at > from Bank-Siate Sold—The single bid on 2979 —for Columbia, Ky. v. • spmi-annuallv to revenue 1, 1954. Due 1 enue Cr,mtv Auditor, will receive 00(1 hormtal bon/s. Jub' a Offeri****—- p. sealed dormitory Dated July July Indianaoolis, Martintville),- Indi vee M-S. Legality approved by Weinburg & Green, both of Bal¬ Chapman & Cutler, of Chicago, v timore. Mrrqan County (P. O. Bo^d Interest $45,000 a.s^2V8S, at a price basis of about 2.10%. *• Strand. p.m. tax-exempt build¬ ing bonds offered July 15—v. 182, p. 55—were awarded to the City Securities W. the Manufacturers Trust Co., New Twp. School Twp. (P. O. Jeffersonville). Ind. Bond Offering—A. Manager, will receive sealed bids York Jeffersonville Dated Sept. Sept. 1 from 19o7 on inclusive. Bond Pease (P. O. Forest City), Iowa pur¬ 156— public m^^^^Franklin), La. Waldorf Lu'heran College Assoc. (CST) on Aug. 4 for the purchase of $150,000 non p. tor able at the and bonds. until various $160,000 .51,000 street improvement bonds. Maiden, Mass. 4 Aug. on of Principal and interest (J-J) Sealed Town Clerk at 7:30 p.m. (CST) notes totaling $3,300,000 of¬ fered bv The — 15 Legality approved by Foley, Coy & Judell, of New Orleans. 1 July 28 for the purchase of $20,000 general obligation sewer Principal and in¬ (J-J) payable at the Amer¬ ican State Bank, of Lawrenceburg. Legality approved by Ross, McCord, Ice & Miller, of Indian¬ apolis. Sale (lBT) Due 1965 bids terest Note to on bids will be received by the open oh Jan. 1, 1961. poses Street Trust Co., Ill St., Boston, until 11 a.m. (DST) on July 27 for the pur¬ chase of $586,000 water bonds. Dated July 15, 1955. Due on July Franklin O. MARYLAND Vic'or, Iowa Due in¬ Indianapolis, Ind. a.m. purchase Smith, Dated Bond callable are Legality sealed p.m. p.m. (CST) on July 27 for the purchase $490,CC0 water works revenue bonds. (P. Offering—The City Clerk will 1 2 $265,000 Cutler, of Chicago. of on of Nov. 1 from 1957 on receive gality until iu tne sealed on Offering—Hubert F. Mil¬ bids Parish Martinville), La. will receive sealed bids at the National Bank of Com¬ Up¬ Aug. on of ' clusive, and Clerk-Treasurer, til bonds. Legality Greendale, Indiana sealed St. Aug. 10 for the purchase of $2,000 000. cfeck Milier, of Indianapolis. Town Wanda the-Board inclusive. until 7:30 approved by Ross, McCord, Ice & receive 1965 inclusive. Martin Dubuque, Iowa Bond Jan. 1, 1962, and thereafter subject to call. Principal and interest (J-J) payable at the Gar¬ ler; 1956 to St. St. Mary Parish Sixth Ward Special District No. 3 (P. O. — of Second Bank-State ,i * {.CS7ft)-«©n the the ">School purchase Chicago. are Bond '*'i, j (CST) a.m. 1974 due Bank, Garrett. J. at K. re¬ Principal and interest payable at ray, Offering the to from 1957 to 1985 inclusive. Bonds rett State ' . proved by Chapman & Cutler, of 1, 1955. Due Jan. 1 and July 1 on & bonds. 1, 1955. Due July semi-annually ap¬ school building bonds. Dated July p.m. on Aug. 3 for the purchase $445,COO sewage works revenue bonds. Legality Indep-. Sch. Dist., Iowa 10 for (CST) of ■ Secretary until 2 Frank — Secretary of the Parish Jury, will receive sealed bids until 1 p.m. (CST) on Aug. 3 for the purchase of $347,990.27 paving certificates. Due serially 1, 1955. Directors, will receive sealed bids until Otfering bids from 1 March on 1955. Principal and interest (M-S) Bond Offering — Henry Bearse, Town Treasurer, will sealed Due 1956 to 1965 inclusive. , the Harwich, Mass. ceive improvement street bonds. Naumkeag Trust Co., of Salem, as 1.80s, at a price of 100.12, a basis of about 1.76%. beiectmen, Clarinda Clerk-Treasurer, I will City (P. O. Gretna), to Police Offering—Sealed bids will 000 school Garrett, Ind. receive New awarded Deemer, be received until 1 p.m. (CST) on July 26 for the purchase of $366,- /Bond Offering—Arthur M. Wilrpot, Certificate Offering—Seale&fcJ^w&i Bond ap¬ ice of Louisiana Churdan Consol. School District, la. City Clerk- by Dawson, improvement bonds. interest and payable at the & . County July 28 for the purchase of $134,800 building bonds. < $75,000 municipal bonds. Dated Aug. 1, 1955. Due semi-annually from July 1, 1956 to July 1, 1963 inclusive. King City. interest be received until 1 p.m; purchase 15 In¬ Legality approved by the Bagley Indep. Scchool District,, lal" ceive sealed bids until noon(CST) the Feb. on inclusive. and at off me. 1• Bond for in¬ IOWA Offering—Lynn Barkimer, Clerk-Treasurer, will re¬ 1 Due 1975 $262,000 Sale—The $50,000 County Agricultural School -notes offered 'July 12—v.v,J82, p. 156—were • - Bond Aug. Wood, York from Due 1976 to by Ross, McCord, Ice Miller, of Indianapolis. * 1 Columbus, Indiana oh 2 proved 1.90%. City ly57 payable Treasurer's Cincinnati, price of 100.36, a basis of terest F-A. re¬ 1, laoo. amy irom E. Hailstone & Co., of as will until Principal (J-J) bonds offered June 2—v. 181, 2523—were awarded to Frank to Bond Offering—Carroll J. Fusel- clusive. $27,000 munici¬ 1955. Dated ler, Secretary of the Parish Police July, will receive sealed bids un¬ Jan. on Chesterfield, Indiana on Aug. 17 $800,000 build¬ p.m. bonds. p. Bend Sale—The 15, 1956 A. on of works revenue bonds offered 20—v. Aug. bids Aug. 1 for the purchase $420,000 park improvement sealed (CST) water James — Controller, ceive Sale—The $198,000 sealed (CST) a.m. from 1, 1955. , Bond Cambridge City, Ind. 10 for the purchase of Jefferson Parish South Bend Park District, Ind. INDIANA Bond until receive semi-annually from July Principal and interest (JTJ) payable at the Farmers State Bank, of Plainvilie. Legality approved by Ross, McCord, ice & Miller, of Indian¬ apolis. ' 1955. Sept. bonds. -Township Dated March rev¬ will Board, 1, 1956 to Jan. 1, 1975. Sept. 1 from 1960 to 1985 on Civil Due until July 26 for the on $385,000 bonds. enue Due 61,000 v that announces sealed bias will 8. Clerk Village — Sullivan Elsie ' County (P. O. Salem), Mass. Note No. 23 ing and equipment bonds. iows: 19<5 inclusive. lb70 to O.Pl*i*i^Wl**d. oids sealed ceive inclusive. 1965 to Essex Calcasieu Parish Schs Dist. :.(P- O.'Lake Charles), La. Offering—H. A. Norton, Bond Offering—Herbert T: Me-1 i^Boaid Cann, Township Trustee, will re¬ Secretary of the Parish School Tegeler & Co., all of St. Louis, as $374,000 3s. Due on LOUISIANA & , until will 7:30 receive p.m. R. Hill, sealed (EST) on, July 25 for the purchase of $362,000 bonds, as follows: $112,000 special assessment street improvement bonds. Due on Sept. 1 from 1956 to 1964 in¬ clusive. Also backed by The Commercial and Financial Chronicle... (364) terest payable at a ing institution designated .by ney, general obligation street improvement bonds. Due on Sept. 1 from 1956 to 1965 incl. successful both lull faith pledge of the City's 250.000 dated Aug. 1, 1955. Principal and interest pay¬ able at the City Treasurer's office, bonds The are approved legality Canfield, Miller, by & Paddock Offering Education, win the Board of sealed receive Aug. 2 Lids until 8 p.m. (EST) on $750,000 of purchase the E. Clarence — Pryor, Secretary of bonds. Dated Aug. 1, 1955. Due on July 1 from 1957 1981 inclusive. Principal and imilding payable at Interest (J-J) bank¬ a by the institution designated Legality bidder. successful ap¬ & by Berry, Stevens Moorman, of Detroit. proved Seminary (P. O. 707 21 Avenue South, Minneapolis), Minn. Bond Bonds 182, 261—were rejected. p. Royal Oak, Mich. Offering—Gladys Holmes, Bond City bias receive will Clerk, until 7:30 will receive (CST) on Aug. 8 for the purchase of $360,000 non-tax exempt dormitory bonds. Dated April 1, 1955. Due on April 1 from 1958 to 1995 in¬ clusive. on June >n Aug. 1956 from 1 1955. 1, to Due in- 1973 and 1966 in due as National Bank of Minneapolis, ern Bank, of New Hanover the at or Legality approved by Faegre & Benson, of Minneapolis. York City. of Education, Board the of bids until 7:30 (CST) on Aug. 8 for the pur¬ chase of $3,000,000 general obli¬ p.m. unlimited gation bonds, tax as Bond Due bonds. school building of Education, will receive sealed until 5 p.m. (EST) on July for the purchase of $80,000 Lids 27 building 1955. Offering City Clerk, bids until will 7:30 Mich. July 25 for the purchase of $82,8o5.13 special assessment street paving bonds. Dated July 1, 1955. Due Feb. on .inclusive. 1 from 1956 Principal to 1965 National Minnesota Joint Community Sch. Dist., Offering—Rudolph Lange, tion, will receive sealed bids until 8 p.m. (EST) on July 28 for the purchase of $55,000 tax anticipa¬ notes, dated Aug. 1, 1955 and due follows: as 1956, 2, $28,000 $27,000 on and on April April 1, Sale Note — notes offered ed to a The $100,000 tax July 5 group were MacArthur & Co., McDon¬ ald-Moore & Co., and Shannon Bond Offering — Aitkin County Indep. tut. No. 48 (P. O. Consol. Sch. Hill City), Minnesota Bonds Not Sold—The one bid submitted for the $6,000 general obligation funding bonds offered July 14—v. 182, p. 157—was re- Wt^d. Bond City Offering—Carl Clerk, will sealed Lids until 8 p.m. (CST) on Aug. 1 the purchase of $20,000 im¬ provement 1SJJ Due bonds. on Feb. inclusive. Dated 1 from Aug. 1, 1957 to Principal and in¬ issue of bonds Memphis, June July Dated inclusive. callable are to Due inclusive. 1965 1961 and Jan. of as McGill of Winona. Lee plant and storm of composed (P. O. Las neapolis, 182, a p. inclusive. issue of Due 1968 120,000 3s. Due Feb. 1 from on inclusive. on Feb. $24,000 sold to the First was D^ted Memphis, as 3s April 9, 1955. inclusive. Legality & bonds are dated Aug. 1, Principal and interest (F-A) payable at the County Treasurer's office. Legality approved by Per¬ shing, Bosworth, Dick & Dawson, Trauernicht, of bonds issue of sold was Offering—Gordon Dillon, City Manager, will receive sealed bids until 3 p.m. (EST) on July 27 for the purchase of $310,000 water bonds. Dated Aug. 1, 1955. Due on Aug. 1 bonds bear from the Louis. 1 from Waynesboro, Miss. Bond Offering—Mrs. J. G. City Giles, receive sealed bids until 2:30 p.m. on July 29 for the purchase of $30,000 special improvement bonds. Due serially Clerk, will from 1956 to additional Principal at Bank of Warren). Minnesota Bond Offering—L. sealed Auditor, bids until G. will 11 Johnson, receive (CST) purchase of a.m. Aug. 2 for the $62,000 drainage bonds. Dated Aug. 1, 1955. Due on Aug. 1 from 1956 1960 to inclusive. water Faegre & Legality approved Benson, of Min¬ neapolis. Sale—An works & 4%s. as 1955. Due 1977 inclusive. gality Dated Jan. on Interest approved Trauernicht, from 1 of St. Bond of from Le¬ & . that announces Curators will O. the receive sealed bids at the Hotel Jefferson, St. Louis, until 11 a.m. (CDT) on Q00 apartment, enue Due bonds. on dormitories Dated Aug. 1958 to and interest 1974 I. 1, rev¬ 1955. Nov. 1 from 1957 to 1975 are 1 1960. callable Principal (M-N) pavable at a 1961 as and bank and pf Nov. interest or trust designated by the successful bid¬ in the State to be desig¬ nated by the purchaser. Legality aooroved by Charles & Trauer¬ der. nicht, of St. Louis. payahle at a banking Legality ap¬ in«*i*u,;<vn Legality approved by Briggs, tion, will receive sealed bids until p.m. (DST) on Sept. 30 for the purchase of $225,000 school bonds. company 1955. Due Jan. 1 Prin¬ on 1956 to 1975 inclusive. cipal interest and (J-J) payable Co., MorLegality approved by Hawkins, Delafield & Wood, of New York City. ristown. NorthHeld, N. J. Offering — George Bond H. Clerk, will receive (DST) on Aug. 2 for the purchase of $16,000 Muller, City sealed bids until 8 p.m. school bonds. Dated Aug. 1, 1955. Aug. 1 from 1956 to 1971 inclusive. Principal and interest (F-A) payable at the First Na¬ Due on tional Bank of Absecon. Legality Hawkins, Delafield & Wood, of New York City. approved by Pennsauken Twp. and Merchant• Borough (P. O. Merchant- Note 1955. Offering—Edward Due Dec. 30, R. Be- 1955. bids until 7 p.m. (DST) Aug. 8 for the purchase of $400,000 water bonds. Dated Sept. 1, 1955. Due on Sept. 1 from on 1956 Bond Offering—Frank County bids (DST) S. Far¬ will Treasurer, sealed until 1 re¬ p.m. Aug. 10 for the pur¬ $288,000 voting machines building bonds. Dated Sept. 1, 1955. Due on Sept. 1 from 1956 to 1970 inclusive. Principal and interest (M-S) payable at the County Treasurer's office. Legal¬ ity approved by Vandewater, Sykes, Heckler & Galloway, of New York City. on chase of Sale — The Gloucester court City, Henry M. Evans the Mayor and & Council will Dated Aug. 1 house clusive. Bonds Legality Caldwell, sealed bids in of 1966 the to First basis of about a Spring Lake Heights Sch. Dist., New Jersey Bond Sale—The $103,000 build¬ ing bonds offered July 19—v. 182, p. 157 — were awarded to J. B. Hanauer Trimble Mitchell, of New York City. & Co., of Newark, as 100.09, a basis of about 3.05s, at 3.04%. Verona Bond School Offering District, N. J. — Clemens C. Krueder, Secretary of the Board of will receive sealed Education, bids until 8 p.m. (DST) on Aug. 3 for the purchase of $1,575,000 building 1954. bonds. Due Dated Nov. on Nov. from 1 1, 1956 inclusive. 1980 Principal and payable at the Co., Montclair. Legality approved by Hawkins, Delafield & Wood, of New York City. (M-N) Trust NEW MEXICO New Mexico Bond Issue $9,500,000 scheduled (State-of) Withdrawn issue institution — The building of and tax severance bonds sale on July 26 157—has been with¬ drawn. It is expected that a pub¬ lic offering will be made at a —v. 182, for p. of a smaller amount 15, of bonds. Bids will be received, however, for the $4,500,000 general obliga¬ Building and State In¬ tion State stitution bonds on the aforemen¬ tioned date. and Au<*. approved Marshall, at 100.10, 2.20s, 1955, NEW YORK 1, 1965. Principal and interest (F-A) payable at the City Treasurer's Office. awarded 157—were these Aug. 1 for $58,000 water as N. J. — National City Bank, of New York, which bid for $2,441,000 bonds as that Common on due Sale and later date, but not before Sept. 1, 1955. Due 1956 to 1967 in¬ callable are J. Aug. from & The $2,443,000 general improvement bonds offered July 20—v. 182, p; school Treasurer the receive Bank Wood, of New York City. interest announces until 8 p.m. (DST) the purchase of bonds. N. Offering—City National Co., Merchantville. Legality approved by Hawkins, Delafield Montclair dividing creek bridge bonds totaling $909,000 offered July 14 —v. 182, p. 56—were awarded to a group composed of B. J. Van Ingen & Co., Inc., of New York City; the National State Bank, of Newark; W. H. Newbold's Son & Co., of Philadelphia, and Mackey, Dunn & Co., of New York City, as 2V4S, at a price of 100.05, a basis of about 2.24%. Bond inclusive. Principal (M-S) payable at the Merchantville to 1967 1995 Trust and on to and interest 2.19%. County (P. O. Atlantic City), N. J. ceive sealed Plain field, NEW JERSEY ley, Offering—Robert V. Pea- Bond noit, City Treasurer, will receive sealed bids until 11 a.m. (DST) on July 26 for the purchase of $300,000 notes. Dated July 26, Offering—Comptroller R. Bezoni Board Bonds due in Principal J-J. Louis. inclusive. Feb. 1958 to University of Missouri (P. Columbia), Mo. H. 1, Charles by thereafter on to April for the purchase of $40,000 water works bonds. Dated Aug. 1, 1955. Due sold was Olin, Secretary of the Board of Educa¬ Dodge, of Boston. Bo.nd Aug. 2 for the purchase of $725,- Rogers, Minn. inclusive. Boston. National and issue of $20,000 bonds cago, Principal interest payable at a banking institution designated by the suc¬ by interest and First County (P. O. Bridgeton), N. J. , the Municipal Bond Corp., of Chi¬ and cessful bidder. the 1975 in¬ to Cumberland Otterville, Mo. Bond County (P. O. County 1956 payable 1965 inclusive. MISSOURI in¬ Feb! 1, 1956, to Aug. 1, 1956. Marshall from clusive. $85,000 to Sch. Dist., N. J. body, Twp. Clerk, and Charles S. Ball, Borough Clerk, will receive Claremont, N. H. Bond St. Bank, of Memphis, as 23/4s, 2V2S and 2Y4S. Dated June 1, 1955. Due on June 1 from 1956 to 1975 inclusive. Legality ap¬ proved by Charles & Trauernicht, bt. Morris Plains ville), N. J. Shelby, Miss. Sale—An National Freehold. Bond Offering—Arthur A. Bond Atlantic Bond First the at of Legality ap¬ proved by Barkalow, McGowan & Krusen, of Freehold. NEW HAMPSHIRE Louis. industrial p.m.: sive. Principal and interest (F-A) ville of Denver. 1969 to 1974 inclusive. terest ofil% 1958 to 1985 1 from The by approved group follows: to Aug. Nashua, N. H. April 9 from 1956 to 1976 Charles vi Dain & Co., all of Min¬ as 1957 to 2%s. on Piper, $190,000 2%s. Clemens, of Direc¬ tors, will receive sealed bids until p.m. (PDT) on July 27 for the on 8 for 1, at the Morristown Trust A1 — 3 ■ Sale—An Bond on Dated Jan. 1, Board of the until Aug. H. re¬ Aug. 4 from 1956 to 1962 inclu¬ on from 1 Vegas), Nevada Offering bids will 8 NEVADA (P. O. Mooreville), Miss. Jaffray & Allison-Williams Co., Hopwood; and J. M. sewer July 19—v. awarded bonds. 15, 1955. Clark County Sanitation Dist. No. County Consol. Sch. Dist. First National Madelia, Minn. bonds offered Interest Trauernicht, of St. Louis. and designated by the successful Legality approved by D. pur¬ mer Due bidder. John Aug. 8 tor the on Clerk, the purchase of $36,000 improvement bonds. Dated Aug. 4, 1955. Due lo proved by Storey, Thorndike, Pal¬ 1965 26, 1960. Principal and interest payable at a bank or trust com¬ pany until bids J-J. Legality approved by Charles 1955. 26, 1956 to Bonds due in thereafter to 2s and 2V4S. Dated on July 1 from as 1, 1956. 1956 National Bank, of Jan. 26 from $25,000 sold was bids until 8 p.m. (CST) on Ju*y 27 Erickson, receive works munity hall and fire station build¬ on L. ,0. the Union Planters National Bank Larson, Offering—C. L. Christian, Village Clerk, will receive sealed ior 1355. Carl Bond Alexandria, Minn. Sale—An school bonds bonds. D. will receive (CST) on Aug. 2 for the purchase of $27,000 special street improvement bonds. Due serially from 1956 to 1965. of sealed Murray, inclusive. July 1, 1969 sealed (DST) Clerk, bids until 8 p.m. (CST) on July 26 the purchase of $16,000 com¬ The issue will be reoffered later. on ceive Trustees, 1955. Town water Of of/$155,000 ouilding Dated June 1968 inclusive. to for on MINNESOTA (MST) sealed bids until 7 p.m. Village Clerk, will receive sealed ower, & Co., all of Detroit. a.m. chase Ella — Board & Goodview, Minn. award¬ composed of Ken- receive as Drew, Miss. Sale—The the will July 1 from on Coltins, Miss. Offering—Mrs. Bond $390,000 build¬ ing bonds offered July 14—v. 181, p. 2980—were awarded to the First National Bank, of St. Paul, and the First National Bank, of Minneapolis, jointly. The County (P. O. Cadillac), Michigan Minneapolis, 1970. Bond Speed, Offering of $946,000 Block No. 1 bonds. Due on Aug. 1 from 1958 to 1985 Co., MISSISSIPPI 6 Bond 1957. V/exford Clerk 1,754,000 Block No. 2 bonds. Due and Indep. Consol. Sch. Dist. (P. O. Mabel), Minn, No. 56—were Secretary of the Board of Educa¬ tion Counties Houston and Bond Sale—The $310,000 sewage Michigan Note ap¬ Chicago. treatment Williamson Legality Duluth. (F-A) payable at the City Treas¬ urer's office. P. Bond Allison-Wil¬ Piper, Jaffray & & were — Borough Bank purchase of $2,700,000 general ob¬ ligation sewer bonds, as follows: Co., and all of 1956 Sept. 1, 1955. Principal and interest (M-S) payable at the interest and liams revenue composed of group Hopwood, Dated Due Elaine Ponte, receive sealed p.m. (EST) on — a Dain M. bonds offered 182, p. 157 v. to elec¬ $157,000 revenue — awarded high school im¬ provement bonds. Due on Sept. 1 from 1957 to 1971 incl. ing Three Rivers, Bond Sale—The plant system County High Sch. Dist. O. Sand Coulee), Mont. Chairman Fall*. (MST) purchase of p.m. Cascade Bond River 'chat receive Evold, payable rejected. July 19 J. 56— bonds 8 the water re¬ p. will bonds. (' bids July 13—v. 182, $265,000 building Thief tric Sold—The on the were junior 400,000 1956 to Principal and in¬ terest (J-D) payable at a banking institution designated by the sucressful bidder. Legality approved by Miller. Canfield, Paddock & LI one, of Detroit. ( ceived for Paynesville), Minn. Not 25,000 2.80s. Due inclusive. inclusive. >374 ' June 1 from on 1, June Dated bonds. Due County Indep. Sch. Dist. O. (P. 1958 to 1 from Sept. on 1971 Fillmore Uuckman, Secretary of the Board Colman, Barker, Scott & Barber, of Minneapolis. until for Aug. 1 on $25,00U Clerk announces Council bids sealed Town — Lien M. Town the 1, Dorsey, $2,600,000 by Chapman & Cutler, of Twp. Sch. Dist. (P. O. Sod us), Mich. Offering — William R. 1958 and 1959. Principal and interest pay¬ able at a suitable banking insti¬ tution designated by the success¬ ful bidder. Legality approved by Jan. on $132,000 23/4s. Due proved Sod us on Oliver follows: of & (CST) p.m. follows: Northern Stevens 7:30 Due 1955. Bond Bank, 'prust until bids Aug. 3 for the purcnase of $100,000 school bonds. Dated July 1, Indep. Sch. Dist., Minn. Offering—H. J. Forsberg, sealed District Clerk, will receive 1, tJ-D) proved by Berry, Moorman, of Detroit. County Indep. Sch. Dist. Offering Freehold, N. J. Offering — Charles Bond Brockton, Mont. Paul. (P. O. Chisholm), Minn. Bond Offering—M. A. Peternal, Bonds callable Springsted, & 40 1965. Principal and interest (A-O) payable at the Northwest¬ are (lusive. Principal and interest payable at the Detroit Co., Detroit. Legality ap¬ Louis No. Stearns 1 for the purchase of $175,supply system revenue Dated p.m. St. of of April water 000 Bonds thereafter sealed (EST) p.m. Fosse, Manager, bids until 2 Clerk the for Sold—Bids Not P. B. — will receive sealed £480,000 not to exceed 3 J/2% in¬ terest building bonds offered July Aug. Offering Duluth Houghton Lake), Mich. St. Barber, Augsburg College and Theological Bond Twps. Sch. Dial. (P. O. Market Colman, Bar¬ of Minne¬ Dorsey, & Moody and Bond apolis. Roscommon, Denton, Lake and Ikonds. by Business Bond '9—v. suitable bank¬ the bidder. Legality ap¬ Scott ker, sealed School Dis Rose ville ior proved of Stone, Detroit. ing MONTANA Gilbert, Morton, Kyle & Macart¬ and credit. Monday, July 25, 1955 by & Brighton (P. O. Rochester), N. Y. Bond Offering — Leonard A. Boniface, receive Supervisor, bid§ until 3 will pjm. on Aug. 3 for the purchase $788,000 district improvement (DST) of Town sealed Number 5449..... The Commercial and Financial Chronicle Volume 182 Dated bonds. clusive. payable (F-A) Due 1955. 1, Aug. from 1956 to 1983 in¬ Principal and . interest 1 Aug. on Lincoln- the at Rochester. Co., Rochester .Trust Legality approved by Vandewater, Sykes, Heckler & Gallo¬ of New York City. way, Young, Treasurer, .on • a.m. the for 4 Aug. will 11 until purchase of Dated July bonds. $50,000 water Due on Sept. 1 from 1956 1, 1955. 1975 inclusive. to x bids until 3:30 sealed .(DST) 29 for the pur¬ building bonds. Aug. 1, 1955. Due on Aug. 1 Dated p.m. July on of $30J)00 Prin¬ from 1957 to 1962 inclusive. cipal and interest (F-A) payable at the County Trust Company, of approved by & Wood, of Irvington. Legality Hawkins, Delafield New York City. Guilderland - 1 Aug. 1, 1955. from 1956 able at the Diet. Water O. (P. will receive (DST) on Supervisor, sealed bids until 3 p.m. Aug. 3 for the purchase of $35,000 water improvement bonds. Dated April 1,1955. Due on April 1 from 1956 to 1990 inclusive. Principal and interest Trust (A-O) payable at the Delafield City. by Wood, & of - Bond Sale—The First the of $58,000 general National of Bank Jackson & & Curtis; R. W. Pressprich & Co.; Shields & Co.; Stone Co., of Cleveland, price of 100.001, a a about 2.74%. ' * & ■ Bond Offering B. until bids (EST) noon t Bond on Sept. 10 for the purchase of $225,water 1, 1955. bonds. mains Due ceive Dated National Legality of about 2.72%. land. .: . Bond bids until 3 p.m. (DST) on July 27 the purchase of $177,000 for building bonds. Due 1955. Dated June on inclusive. 1970 to interest 1 1, June 1956 from Principal (J-D) York, N. Y. Secondary Offering Talmage — will receive sealed bids (DST) < on July 28 for 6, N. Y., noon blocks various municipal of and State bonds $743,000. Newstead, Clarence, Alden, Bids 1955. Due from 1 Principal inclusive. 1970 to June on 1, 1956 June Dated and (J-D) payable at the Na¬ Bank & Trust Co., Nor¬ interest tional wich. Wood, of New & End well Fire District (P. O. End well), N. Y. $130,000 fire construction and equip¬ Sale —The Bond station 182, offered bonds ment Roosevelt City, as the for time Due Tiedt, E. Offering Smith, sealed — Y. Fannie M. will Treasurer, Village receive (DST) until bids 3 p.m. July 27 for the purchase on public $62,000 improvement Dated July and apparatus bonds. Due 1, 1955. interest (J-J) payable at the Na¬ tional Trust July 1 from 1956 Principal and on inclusive. 1960 to Bank Co., Haverstraw of Company, of New York City. Legality approved by Haw¬ kins, Delafield & Wood, of New York City. & Sale—The $152,000 public improvement and water bonds offered July 20—v. 182, p. 262— awarded to the County Trust were Co., of 100.05, a Offering—Walter G..Lausealed will Supervisor, Town terbach, bids until 2 p.m. July 25 for the pur¬ chase of $92,000 sewer district improvement bonds. Dated June 1, 1955. Due on June 1 from 1956 to 1965 inclusive. Principal and interest (J-D) payable at the Genessee Valley Union Trust Co., of Rochester. Legality approved (DST) on Ulster Union O. (P. Sale Bond arterial — highway July 21 — awarded v. to The $500,000 offered bonds 182, p. 262 the Marine — were Trust Co. of Western New York, as 1.90s, at 100.01, a of Buffalo, basis of about Johnson City, N. fer, Bond Offering Clerk, bids until will 3:30 p.m. N. of the bids bids chase Aug. on I, 1955. for road (DST) Small-Milbum 1 p.m. the pur¬ of from 1957 to inclusive. 1976 Principal and interest (J-J) able the at National ity of State Kingston. Bank, Heckler & York City. Galloway, Sykes, New Legal¬ Vandewater, by approved pay¬ York New C. of 1980 County Indep. Sch. Dist. (P. O. Broken Arrow), ' Bryan Dated Bond on by Squire, Sanders Cleveland. of School District, Ohio William P. Walker, Clerk of the Board of Education, will receive sealed bids until noon (EST) on Aug. 10 for the purchase of $1,100,000 school Dated Sept. 1, 1955. Due bonds. Dec. on 1956 from 1 1976 to in¬ clusive. Principal and interest (J-D) payable at the Athens Na¬ tional by Bank. Squire, Legality Sanders a Lehman Bros., Halsey, Stuart & Co., Inc., and B. J. Van Ingen & Co., Inc., all of New York City, at a price of 100.03, a net interest cost of about 2.308%, Co., Dempsey, of Cleveland. 000 Offering Director of special improvement 1, 1955. to F. B. Morris, receive (EDST) on will noon 1965 Due assessment bonds. on Dec. 1 from inclusive. Legality street Dated Interest approved Bond Sale—The improvement 14—v. 181, p. Aug. 1956 J-D. Squire, Cleveland. by $338,000 street bonds offered bonds. Due Sale — The $3,650 trans¬ awarded to the First were Securities The bonds 1958 of Co. are Oklahoma City. due serially from I960 inclusive. to Cherokee 2s. Due on March 1 Sept. 1 from 1959 to 1963 and ing offered bonds the to & Bank Tahlequah), Okla. Sale—The $185,000 Bond Trust wards, ■ Inc., City, jointly. The bonds July Due on March 1 and Sept. 1 from 1964 to 1966 No. Bond inclusive. 18,360,000 2%s. Due March on 1 Sept. 1 from 1967 to 1972 The current issue of $52,000,000 serially from County Indep. Sch. Dist. Offering—Sealed bids will (CST) in series is bonds B the second July 2981—were awarded County Independent School No. 29 (P. O. Blanchard), Sale—The Bond build¬ $30,000 ing and furniture bonds offered including the acquisition of July 18 — v. 182, p. 262 — were right-of-ways, and including par¬ awarded to the Small-Milburn Co., ways, the Federal Gov¬ ernment, municipalities, counties and other governmental subdivi¬ sions. Not more than $125,000,000 by bonds be may terest the on March 31, bonds these series as by the State on vehicles and fuel. Constitution provides that a sufficient amount thereof shall be aside each for year debt service. associated Also in under¬ the writing of the bond issue, are: Braun, Bosworth & Co., Inc.; & The Co.; First man, Boston Sachs & Co.; Harriman Rip¬ ley & & Co., Inc.; Kidder, Peabody Kuhn, Co.; & Donald Lynch, Co.; Mc¬ Company; Merrill Loeb & Fenner Pierce, Ohio The Fenn & Co.; & Company; Sale—The Weld Moseley & Secretary, of Kansas City, and Oklahoma City, Beane. Phelps, 52 County Indep. Sch. Dist. (P. O. Midwest City), Due 1958 inclusive. to 1975 Principal (J-J) payable at the Lincoln Bank, Taft. Legality ap¬ proved by Winfree, McCulloch, Shuler & Sayre, of Portland. bids sealed Aug. Webber, will receive (PST) purchase ef 8 p.m. the bonds. Dated July 1, 1955. Due on Dec. 1 from 1956 to 1965 inclusive. Principal and payable at the County Legality ap¬ Treasurer's office. proved Winfree, by Shuler & McCulloch, Sayre, of Portland. Multnomah 40 County Sch. Dist. No. Portland), Oregon O. (P. District Demp¬ will receive sealed bids until 8 p.m. (PST) on sey, Clerk, Aug. 2 for the purchase of $200,000 school bonds. Dated Aug. 1, Due 1955. on Feb. 1 1976 inclusive. from Callable to 1957 as of Feb. 1, 1965. Principal (F-A) payable at and interest the County Legality ap¬ proved by Winfree, McCulloch, Shuler & Sayre, of Portland. office. Washington County Sch. Dist. No. 107 (P. O. Aloha), Ore. Sale—The Bond $29,000 offered build¬ July 15 were awarded to the National Bank, of ing bonds 1955. bonds Due 1960 are dated July on inclusive. July payable (J-J) 15, 15 from 1956 Principal and at the ity aporoved bv Winfree, McCul¬ loch, Shuler & Sayre, of Portland. bonds Co., R. J. Edwards, Inc., all Oklahoma City, Evan L. Davis, Tulsa, Honnold & Co., H. all of Oklahoma City, PENNSYLVANIA Twp. (P. O. Can.isdensis), Pennsylvania Bond Offering—Sealed bids will Barrett I. Josey & Co., and Calvert & Canas follows: $250,000 2%s. Due on Sept. 1 from 1958 to 1962 inclusive. be received until 7 of $8,000 fire fighting general obligation equipment bonds. Clairton. 1963 to 1969 inclusive. (DST) on p.m. Aug. 1 for the purchase 350,000 2V2S. Due on Sept. 1 from Wichita. No. Ole- offered building burn & Paine, for 9 interest Smith, Barney & Co.; Co.; until H. County Treasurer's office. Legal¬ and field, Dist. Offering—Bessie District Clerk, man, on County Sch. (P. O. Portland), Ore. Sale—The $600,000 school July 13 were awarded to a group composed of First National Bank, American State Bank, Small-Mil¬ of July 1 from on interest and to Oklahoma of t Adams, will receivc(PST) on July 1, 1955. The site O. Beaverton. Oklahoma Bond C. July 26 for the purchase of $34,000 general obligation bonds. Dated build¬ $44,000 Honnold & Co., of No. — bids until 8 p.m. sealed Treasurer's Pontotoc County Indep Sch. Dist. Co.; A. C. Allyn No. 9 (P.O. Vanoss)r Okla. and Company, Inc.; Blair & Co., Bond Sale—The $62,000 build¬ Incorporated; Alex. Brown & Sons; R. S. Dickson & Company; ing and furniture bonds offered July 11 were awarded to the First Eastman, Dillon & Co. Kansas, Equitable Securities Corp.; F. S. Securities Company of White, Offering District 57—were awarded to the First Securities Co., The set City. A jointly. solely from fees, license taxes levied come and Bond (P. O. Glenedon Beach), Oregon ing bonds offered July 5—v. 182, p. in¬ well as previously-issued excises 1962. Oklahoma Muskogee County Indep. Sch. Dist. No. 6 (P.O. Webbers Falls), Okla. any and principal of bonds is to in and no bonds may issued after Payment issued of Beach-Lincoln Water District Bond Offering—Frank C. Oklahoma 000,000 in State of Ohio bonds to be sold to provide adequate high¬ ticipation Beach building bonds. District 1956- on July 26 for the purchase of $10,000 authorized $500,- an from office. $57,000 school due 1 Kernville-Glenedon 45 National be received until 2 p.m. McLain Aug. on Legality ap¬ Winfree, McCulloch, Sayre, of Portland. Shuler & Bond Co., and R. J. Ed¬ both of Oklahoma are building, by proved were (P. O. Rentiesville), Okla. 14 $120,000 8 the inclusive. Multnomah 1958 to 1967 inclusive. Mcintosh 9,180,000 2.10s. instalment of Due 1965 build¬ 14 First for Bond Offering—A. L. Harding, City Recorder, will receive sealed bids until 8 p.m. (PST) on July 25 for the purchase of $20,000 swim¬ ming pool bonds. Dated Aug." 1, interest inclusive. ' County Indep. Sch. Dist. No. 35 (P. O. until 28 "OREGON Bond portation equipment bonds offered July 13 of bids July 'Independence, Oregon serially Bryan County Dependent Sch. Dist. No. 45 (P. O. Utica), Okla. 15,300,000 Corp.; Glore, Forgan & Co.; Gold¬ for the purchase of $49,- July 29 259.06 — Finance, until bids sealed building awarded Due on March 1 and Sept. 1 from 1956 to 1958 in¬ $9,160,000 6s. Drexel Bedford, Ohio Bond receive Inc., follows: as approved & — sealed on Simmons, Education, bonds. Due from 1958 to 1965 mcl. July 25 for the purchase of $390,- Bond 181, p. 2982—were awarded to syndicate headed by Blyth & v. (CST) Treasurer's Melba James, Clerk of the Board of Education, (State of) bonds, series B, offered July 20— be — Dist. O. Durant), Okla. Offering Board of Principal and interest (F-A) payable at the City- County Indep. Sch. No. 72 (P. on $52,000,000 Ma¬ Thoroughfare construction jor of the receive to in 15 years. approved Clerk 1955. OKLAHOMA will Dempsey, Oklahoma 1 Aug. on Bank, Tiffin. Oct 1 from 1956 to 1965 inclusive.. Principal and interest (A-O) payable at the in OHIO Offering Dated Dec. 1 from 1956 inclusive. Principal and Cox, (EST) noon 1955. Due calendar year, Bond bonds. Due National County receive will until - - . sewer . improvement' bonds. May 1, re¬ $521,000 building bonds. Dated July 15, 1955. Due on Jan. 15 $950,0OO W. will until 10 noon purchase.'of of Board 3 by the; City Auditor (EST) 6n Aug. 2 for improvement same Aug. 5 for the purchase of $30,000 and Brooklyn, Ohio receive Co., of Wichita. purchase Offering—Sealed bids will received to . .. Offering—John Commisisoners, Y. Thelma — Clerk, District sealed (DST) Y. Offering—Herbert Schae- Village sealed Katrine), Sanders & Dempsey, of 1.89%. Bond Sch. Dist. No. 4 Free Lake sealed bids until Ithaca, N. Y. Bond until the for inclusive. by Vandewater, Sykes, Heckler & Galloway, of New York City. ' be the Bids — rejected. were sealed Tarrytown, as 2.10s, at basis of about 2.08%. Athens City New York the' p.m. /; Tiffin, Ohio par. clusive. Bond 17), irondequoit (P. O. Rochester $90,000 build¬ July 15 were offered to will interest (J-D) payable at Lie City Tarrytown, N. Y. Legality Haverstraw. Washburn, of New York City. receive interest and (J-D) payable at the Marine Mid¬ approved by Reed, Hoyt, Taylor & Bond 1984 1955 to from 1 Principal land Trust ceive Bond $1,778,000 of Dated June 1, 1955. Dec. on inclusive. Wanzor, N. Sale—The bonds Bond Offering—E. L. spe¬ Mahoning County (P.O. Youngstown), Ohio — Haver straw, of purchase school bonds. & 2.69%. of about Principal Legality approved by Squire, Sanders & Dempsey, of Cleveland. $35,899.71 2V2S, at as Ohio 20—v. were awarded to Cross, of New York 2.70s, at 100.02, a basis 158 p. July Bond ing No. New York Offering—Celia Legality approved by Haw¬ kins, Delafield York City. - .,Tulsa alley paving Rejected Dist. No. 1 (P. O. Akron), bids until 2 p.m. (DST) on July 27 bonds. p.m. pur¬ County Indep. Sch. Dist. (P. O. Owasso), Okla. 11 .. $7,220.65 issue offered at the & Central Sch, Pembroke and Columbus, ity Royalton, Lockport, Alabama Guilford), N. Y. school 7 for the inclusive. 1970 to $150,000 interest (J-D) payable at the Central National Bank of Cleve¬ County Treasurer's office. Legal¬ aggregating District Clerk, will receive sealed 000 jNo. 1956 Bond Sale—The sealed bids until 3:30 p.m. (DST) on July 26 for the purchase of $136,- "Tulsa and im¬ provement bonds offered July 14 —v. 182, p. 57—were awarded to the Market Exchange Bank of Clerk Broadway, New York Co., Ill the at Sale—The assessment Bond New until payable cial and the Columbus Trust Company, of Newburgh. Legality approved by Hawkins, Delafield & Wood, of New York City. & Bond Offering—Mark S. Tighe, District Clerk, will receive sealed Bond C. Fell, W. re¬ awarded Columbus), Ohio Guilford, Norwich and Oxford Central Sch. Dist. No. 1 (P.O. Bond Offering—Howard until 15 of building bonds. $98,201.17 special assess¬ ment improvement bonds. Dated July 1, 1955. Due on"Dec. 1 from Grandview Heights (P. O. Newburgh Union Free Sch. Dist. 11 (P. O. Newburgh), N. Y. No. approved by Vandewater, Sykes, Heckler & Galloway, of New York City. District Clerk, will receive bids Aug. on will Williams* Schools, will until July 25 of bids purchase land. Sanders gality ' Clerk, sealed the for chase of City Bank of Cleveland. approved by Squire, & Dempsey, of Cleve¬ - receive Russell — Village sealed (DST) on inclusive. 1975 to Offering Hartslik, Oct. 1 from Principal and interest (A-O) payable at the 1956 Superintendent Heights (P. O. Cleveland), Ohio ' s Bond Offering—Frank \ 57 County Indep. Sch. Dist. (P. O. Frederick), Okla. No. 9 Corp.; The Richmond * Chase, Village Clerk, will receive sealed Securities Witter & Co. Norbert — Webster Tillman Weil, Rotn & Irving Co., and Dean Cuyahoga Heights (P. O. Cleveland), Ohio Oct. improvement bonds offered July 20—v. 182, p. 158—were awarded to at 000 N.Y.I Minna, Le¬ Albany. of Company, York, John¬ Legality J approved York New ' pay¬ Marine Midland Trust City. & Bank Commercial National Aug. on inclusive. 1960 to Co. of Southern New N. Y. Offering—John J. Welsh, Town Due Principal and interest (F-A) Guilderland), Bond • 2%s, basis Crawford, District Clerk, will re¬ ceive chase to McDonald Minoa, as 2%s, at 100.22, a basis Greenburgh Union Free- Sch.' Dist. No. 2 (P.O. Irvington), N. Y. Bond ' Offering — Margaret I. * of purchase Dated receive (DST) bids sealed the for as Hawkins, Bond Offering:—James A. Village 26 $60,000 public parking area bonds. son Dansville, N. Y. • ' July on (365) Bond Pa. Offering—William R. Mil¬ ler, City Clerk, will receive sealed bids until Aug. 8 for the purchase of $350,000 general obligation bonds. Bids Note: received for bonds when offered July 14—v. 181, p. •—were on rejected. Pie- originaBv foregoing 2933 , 58' The Commercial and (366) sealed receive will Clerk, City of Bank Clairton, Pa. Offering—William Miller, Bond Sturgis, at interest of cost $22,000 2y4s. Due obligation bonds. Dated Sept. 1, 1955. Due on Sept. 1 from 35,000 2V2s. Due the for 8 7 (DST) purchase of on p.m. 1957 general to M-S. Legality approved by Burg- win, Ruffin, Pittsburgh. of Pohl, & Perry Bond Sale—An building bonds of cost about McMinn sold to 2.69%, as Bond $20,000 2s. inclusive. 1967 from 1963 to from 1968 1975 1958 Benbrook $60,000,000 tax anticipation notes offered July 21 —v. 182, p. 159—were awarded to a group of banks headed by the Philadelphia National BanK, of Philadelphia, and the Mellon Na¬ tional Bank & Trust Co., of Pitts¬ 1.55% interest. Bond Offering—George B. Ker- Secretary, District per, ceive (DST) on bids sealed of (P. O. will until re¬ 8 1957 from inclusive. 1969 to Principal and interest (M-S) pay¬ able at the Provident Trust Com¬ Philadelphia. of pany, was posed of William Legality approved by Townsend, Elliott & of Bond Sale—An ceive sealed (DST) chase Aug. on of bids until 17 p.m. the for 8 pur¬ $355,000 general obliga¬ tion bonds. J-D. SOUTH Offering Read, — Chairman, sealed bids until will on 1969 to 1955. 15, works issue of $60,000 improvement was sold to and Henry Keller & Son, of Fort Worth, at price of par, as follows: $26,000 4 V4 s. Due 1957 March 1 from on 1970 to a Bonds due in callable are 1966 and of as March 1 from on able Legality approved at bank a or trust company and the purchaser, in the event the District and the purchaser fail to agree upon a or, paying agent, at the principal office of cated in nated New a bank lo¬ York City, desig¬ the District. Legality by Sinkler, Gibbs & by approved McCall, Parkhurst & Crowe, of Dallas. Bond water Sale—An issue of $80,000 system bonds revenue was sold to Henry-Seay & Co., of Dal¬ Dated May 1, 1955. Due on Legality approved Parkhurst & Crowe, Bond 4%% County (P. O. Lancaster), S. C. Bond Sale—An issue of house and sold to a road Co., of Atlanta, May 1, 1955. Due 1956 to 1975 and interest Chase was as on 2.20s. Dated May 1 from inclusive. Principal (M-N) payable at the Manhattan Bank, of New York City. Legality approved by Sinkler, Gibbs & Simons, of Charleston. to 182, p. 159 — awarded to the Bear Butte was 1968 inclusive. by Legality ap¬ Parkhurst & McCall, Crowe, of Dallas. Additional Sale — $50,000 water works and An extension sold was issue and to of improve¬ revenue r Henry Keller 4V2S, at a price of par. Dated July 1, 1955. Due serially from as 1956 to 1965 approved by inclusive. Legality McCall, Parkhurst & Crowe, of Dallas. Hudson were Valley by Du¬ Boothman, of & Dallas. Indep. Sch. Dist., Texas $300,000 building bonds was sold to Russ & Co., and the First of Texas Dallas. Bond Sale—An issue Blyth 870,000 Group $121,465,000 group shown $100,- Awarded the of Bonds Sachs An New of $100,- June 1956 1, 1955. to 1994 Due serially inclusive. Le¬ Jayton Rural High Scch. Dist., Bond Sale—An issue of building bonds was $275,000 sold to Henry- & & & Co., A. G. Becker & Co., Inc., Beecroft, Cole & Co., Bosworth, & Co., Inc., J. C. Brad¬ ford & Co., Braun, Bosworth & Co., Inc., Alex- Brown & Sons, Sullivan Butcher & Phelps, Sherrerd, & $100,870,000 of the grand total of $121,465,000 New Housing Author¬ bond issues 182, p. offered on July The balance of 159. were taken by a syndicate which Trust & City, and Savings Bank of York Chicago. The issues involved in the $100,- 870,000 bonds sold Fenn-Lehman syndicate are to the Phelps, Bros.-Blyth & Co. described herewith: 5,910.000 jen & Co., Equitable Fla., 2%s, 100.41. at Securities Estabrook & Co., Co. Fabricand & Co., Fairman, Har¬ & Co., Fauset, Steele & Co., First of Michigan Corporation, ris Securities Company of Chi¬ George P. Fogg & Co., FolNolan-W. ther, & B. Hibbs Garrett-Bromfifeld Geo. B. Gibbons & Johnston Co., & & Co., Graves & Co., Green, Ellis & Anderson, Gregory & Sons, Inc., G. C. Haas & Co., Hallgarten & Co., Hallowell, Sulz¬ berger & Co., Hamlin & Lunt, J. Hanauer Co., Ira Miller Co., & & . Atlanta, Ga., 2V2s, . at at 100.116. & Hilliard & Mayes, Son, 100.014. I,695,000 Trenton, N. J., 2%s, at II,755,000 New York, N. Y., 2%s, at 101.325. at Cincinnati, Ohio, 21/2s, 100.27. 6,320,000 Co., Cincinnati, Ohio, 2y2s, at 100.52. 1,875,000 Columbia, S. C., 2%s, 4,880,000 Norfolk, 100.035. Co., H. & Lynch, Mullaney, Newbold's F. S. Wells Son & 2%s, at E. Wood & Co., & Co., Wcod, Arthur and L. Struthers Wright & Co. VERMONT Essex Sch. Dist. (P. O. Essex Junction, Vt. Bond Offering—Merle W. Wood, Town Treasurer, sealed will bids until 3 p.m. receive (DST) on Aug. 3 for the purchase of $77,000 school construction bondsi Aug. 1, 1955. Due 1956 inclusive. to 1975 on Dated Aug. 1 from Principal and interest payable at the Chittendon Trust Co., Burlington, or at the First National Bank of Bos¬ ton. Legality approved Samuelson, Peter by Myron and of Burlington,- Guilani, of Montpelier.. Wilmington Town Sch. Dist., Vt« Bond Sale—The $195,000 school addition v. 182, W. E. bonds offered 263—were p. July 20— awarded to Hutton & Shafto, jointly, Co., and Lyons & both *•' of Boston, 2%s, at 100.15 a basis Inc., as of about 2.47%. " VIRGINIA Vienna, Virginia* Bond Sale—An issue of son, and sold sewer $400,000 bonds system to Scott, Horner & Ma¬ of Lynchburg. WASHINGTON Bond Offering Wash. Postponed—The offering of $200,000 general obli¬ gation bonds scheduled ?cr July 13 181, p. 2984—has been post- I poned. I —v. Eastern Washington College of Cheney), Wash. Education (P. O. Bond Sale—An issue of $210,000 Student Union Building Revenue bonds and sold was Foster & to Blyth Marshall, Klickitat No. Co., bcth of County School District .-■[ (P. O. Goldendale), j Washington R-406 ~ Bond Sale—The $177,800 build¬ State of Washington, at a price of par. « Monroe, Wash. Ohio Company, O'Neal, Inc., Orvis Brothers Pacific Co., Northwest Co., Paine, Webber, Jackson & Curtis, Lee Peeler & Writer & Pincus & Co., Inc., Peters, Christensen, Inc., D. A. cott & Co., & Co., \ Bond Sale—An issue of & Co., Co., Pohl & Co., & Co., sewer plant Rauscher, $230,000 system and sewage disposal revenue bonds was pur¬ chased & by Wm. P. Harper & Son * Co., of Seattle. . [ ' f Pend Oreille County, Cusick Consot. Sch. Dist. No. 59 ; (P. O. Newport), \ Washington Inc., Raffensperger, Hughes Rand ! & ing bonds offered July 15—v. 181, p. 2984—were awarded to the seatic Corp. Alden * Seattle, jointly. hard, Cook & Co., New York Han- Wm. E. Pollock & Co., Inc., Pres- Va., Sr. Sanford, White, Weld Co., Winslow, Dcuglas & McEvoy, Dean Witter & Co., Harold Co., Newburger, Loeb & Co., New- J. 14,060,000 Philadelphia, Pa., 214s, & W. & Hattier Co., Mead, Miller & Co., Leonard Co., Securities Taylor & Co., Inc„ Corporation, Van Noel & Co.. Cnas. E. Weigold & Co., Inc., Wertheim & Co., R. D. White & Co., White, Mericka & Co., Inc., Mer¬ Moseley & at 100.116. Stroud Bremerton, C. Moore, Webster Strader, Alstyne, was Lee Wm. J. & & Union Securities water Kenower, MacArCo., Charles King & Co., & Eros. Talmage & Co., Taylor and Company, Tnomas & Co., Thorn¬ ton, Mohr and Farish, Townsend, Dabney & Tyson, Tripp & Co., Inc., Tucker, Anthony & Co:^ & Jenks, Kirkland & Grubbs, Jones, Kreeger & Hewitt, Kean, & & Inc., W. E. Hutton & Co. The 6,640,000 Co., J. Weeks, How¬ ard, Weil, Labouisse, Friedrichs & Co., Hulme, Applegate & Hum¬ phrey, Inc., E. F. Hutton & Co., thur Stein Brothers Stubbs, Smith & Lombardo, Inc., Sweney Cartwright & Co. Inc., rill Lynch, Pierce, Fenner & Beane, 6,645.000 Newark, N. J., 23/4s, at 100.42. Stone Hirsch Co., Hornblower & Masten & 2,400,000 Saginaw, Mich., 2%s, at Co., Corporation, Co., Hemphill, Noves & & Co., Wil¬ Co., Stark¬ Co., Sterne, Agee & Leach, Stix & Co,, Stokes & Co., Walter Stokes & Co., Harrington & & Co., Hayden, Hendrix B. & & Co.. Stern Haupt Higginson Corporation, John Legg & Co., Lucas, Eisen & 100.11. Waeckerle, Irving Lundborg & 1,255.000 Athens, Ga., 2%s, at Co., W. I. Lyons & Co., Lyons & Shafto, McCormick & Co., Mc¬ 100.256. 1,190,000 Madison County, I1W Donald & Co., McDonald-Moore &^Cor, r McDougal and Condon, 2%s, at 100.669. Inc., McMaster Hutchinson & Co., 7,680,000 New Orleans, La., 2%s, Mackall :& Coe, Mackey, Dunn at 101.139. & Co., Inc., Laurence M. Marks 16,075,000 Baltimore, Md., 2y2s, & Co., Mason-Hagan, Inc., A. E. 9,415,000 & Boyce, Co., Co., Inc., GinCo., Goodbody & Gordon Taylor Tampa, Smithers Staats & Inc., Dolphin & Co., Drexel & Co., Francis I. duPont & Co., Dwinnell, Harkness & Hill, Eastman, Dillon & Co., Einhorn & Co., Eldrege & Co., Ellis & Co., tL'manuel, Deet- J. New of S. R. weather , Davis & Co., R. S. Dickson & Co., B. F. liam Cunningham, Schmertz & Henry Dahlberg & Co., J. Dain & Co., Shelby Cullom M. included, among others, Bankers Trust Co., Chase Manhattan Bank, Chemical Corn Exchange Bank, C. J. Devine & all and . Paul & Co., Singer, Scribner, John Small & & Co., Co., Inc., the Byrne Inc. Chace, Whiteside, West & Winslow, Clark, Dodge & Co., Richard W. Clarke Corp., Coffin & Burr, F. R. Cole & Co., Julien Collins & Co., Courts & Co., F. W. Craige Ferih Co., Lehman Bros., and Blyth & Co., all of New York City, at 100.431. Texas Smith, Wells, Inc., Bacon Co., The Bankers Bond Co., Inc., Bartow Leeds & Co., George K. Baum & Co., Bax¬ ter, Williams & Co., Bear, Stearns cago, bidder for Goldman, & Stevenson First the successful Corp., Co., Harriman Andrews 000 building bonds was sold to the Central Investment Co., of Dallas, as 3]/2s and 314s, at a price of par. & Shields ger, Harris ^Boston Inc., (full membership below) Co., the Ripley & Barney & Co., Co., R. W. Pressprich & Co., A. C. Allyn and Co., Almstedt Brothers, American Securi¬ ties Corp., Anderson & Strudwick, Co., investment — obtained $100,870,000 also included the following: headed by Phelps, 20—v. which Roths¬ Bogan Deane aggregating Clement A. Evans & STATES UNITED Dealer was Co. & Renshaw, F. L. Co. & dan syndicate headed by Phelps, Co., Lehman Bros., and & issues & Cross, non & Co., Shaughnessy & Co., Shearson, Hammill & Co., Sheri* 100.52. The Rodman & Schaffer, Necker & Co., Scharff & Jones, Schoellkopf, Hutton & Pomeroy, Scott, Horner & Mason, Inc., Seasongood & Mayer, Shan¬ 101.611. Fenn Co., Reynolds & Co., Co., Robinson-Humphrey Roosevelt child 1S55 & Inc., Co., 1,065.000 Memphis, Tenn., 2V2s, at Corporation, 100.531. Indep. Sch. Dist., Texas gality approved by Dumas, Hugue¬ nin & Boothman, of Dallas. Bond Sale—The $57,000 general sewer bonds offered v. bonds Henry-Seay & Co., of Dal¬ proved from DAKOTA Sturgis, S. Dak. obligation July 18 — building $40,000 las, at a price of par. Dated June 1, 1955. Due on June 1 from 1961 Dated $ SOUTH Huguenin inclu¬ 1985 100.267. Son, and William N. Edwards & Co., both of Fort Worth, jointly, $100,000 bonds mas, to approved $3,095,000 Hartford, Conn., 2%s, at & group headed by Courts & McCall, Sale—An issue of public sold to bonds Lancaster court by of Dallas. Hubbard, Texas ment Simons, of Charleston. 1956 Legality Pierce Riter & asso¬ 100.393. Co., by thereafter mutually agreeable to the District from sive. $20,595,000 bonds 1971 to 1980 inclusive. March 1, 1965. Principal and interest (M-S) pay¬ serially ity inclusive. 34,000 4y2s. Due May 1 from 1960 to 1985 inclusive. Dated Sept. 1, 1955. Due on March 1 from 1958 to 1985 inclusive. as of banking Burleson, Texas Sale—An las. bonds. system the to Co., of Dallas, 3'/2s, 314s and 2y2s, at a price par. Dated July 1, 1955. Due .Interest 000 works sold was inclusive. June Aug. 2 for the purchase of $460,water bonds Central Investment Housing C. receive (EST) noon 15 from DeSoto, Texas Thomas building $110,000 follows: as Dated July 1, 1955. Interest M-S. (P. O. Charleston), Bond Sale—An issue of Bond Sale—An issue of issue of $75,000 June on South Carolina Bond Legality ap¬ Parkhurst & Dallas. CAROLINA County, James Island Water Dist. Son, & Legality approved by Du¬ Huguenin & Boothman, of mas, . Charleston June 1 from Shepherd Indep. Sch. Dist., Texas & Co., Of Dallas, Dated water re¬ on inclusive. Corp., both of San Antonio, as 3V4s, 3s and 23/4s, at a price of $10,000 2%% school house bonds.1 100.002. Dated June 30, 1955. Que Due on June 15 from 1956 to serially from 1956 to 1991 inclu¬ 1968 inclusive. sive. Legality approved by Du¬ 65,000 3V4% school house bonds. mas, Huguenin & Boothman, of Pierce & extension bonds Borough Secretary, will com¬ sold to Rauscher, was June 1, 1956. J-D. Legality approved by McCall, Parkhurst & Crowe, of Dallas. Indep. School District, school bonds Bond Offering—Irene L. Traut- revenue T exas school West Mifflin, Pa. man, J-J. on 1965 to Sundeen Brownsboro bonds. Bond Edwards Interest 1971 $11,000 $130,000 group Keller proved by McCall, Crowe, of Dallas. Sch. Dist., Pa. Directors, will receive sealed bids until 8 p.m. (DST) on July 25 for purchase N. Due Bond Offering—Lucile Franko, Secretary of the Board of School the Henry a Merrill Dated June 1, 1955. Interest sewer to $100,000 to Pierce, Fenner & Beane, Dallas, at a price of par, as 1957 Jan. 1 from 1959 to 1990 inclu¬ sive. Munson, of Philadelphia. West Brownsville and sold sold was Lynch, of Sewer Co., both of Port Worth, and the First of Texas Corporation, San Antonio, at a price of 90.00, a basis of about 4.93%. Dated July 1, 1955. Due Aug. 2 for the purchase improvement bonds. Dated Sept. 1, 1955. Due on March 1 water bonds p.m. $130,000 bonds and ,,5,435,000 Louisville, Ky., 2%s, at First Bond Sale—An issue of school 90,000 2»/2s. Due Water and Bond Sale—An issue of 4j/2% on Springfield Twp. Sch. Dist. Philadelphia), Pa. Indep. Sch. Dist., Co. $7,020,000 National Capital (Wash¬ ington,. D. C.), 2y2s, at 100.78. -J7^)3^000 Miami, Fla., 2%s, at T exas follows: Authority, Texas Sale—The at inclusive. Aransas Port Trust ciates consisted of: to R. J. sold was $42,000 Chronicle... Monday, July 25, $20,595,000 bonds taken by Bankers TexasH issue of 3V2s, at a price of par. Dated June 1, 1955. Due serially from 1956 to 1988 inclusive. Legality ap¬ proved by Dumas, Huguenin & Boothman, of Dallas. 10 the for TEXAS Due in 1985. Pennsylvania (Commonwealth of) burgh, until 19 bonds $10,000 21/4s. Due 160,000 23/4s. Due in 1995. Note 1968 to inclusive. 135,000 2.60s. bids Aug. purchase of $262,000 school bonds. Dated July 1, 1955. Due on July 1 from Due sealed on to inclusive. 2V2S. building The the Edwards, Inc., of Dallas, as 4s and D. Sullins, County Council, of the (EST) 80,000 the to Bank, of Tripp. receive Due sold Offering—W. Chairman will 2V4s. issue of $80,000 was Sale—An Bond Tennessee a.m. 50,000 Boothman, of Dallas. Morgan Indep. Sch. Dist., County (P. O. Athens), follows: Due from 1959 to 11962 Seay & Co., of Dallas, as 2V2s and 2V4s, at a price of par. Dated April 1, 1955. Due serially from 1956 to 1965 inclusive. Legality approved by Dumas, Huguenin & . $445,000 was & Sherrerd, of Philadel¬ phia, at a price of 98.70, a net in¬ terest July 1 from on TENNESSEE bonds revenue July 1 from on 1970 inclusive. to Media, Pa. Butcher as Tripp School District, S. D. Dakota State Bond Sale—An issue of water net 1963 inclusive. to 1964 Interest inclusive. 1970 1956 a 2.39%, follows: Aug. $350,000 until bids 100.50, about Financial Bonds Not Sold—No received for the bids were $120,0(10 building i bonds offered July 15—v. 181, p. ' 2852.. Number 5449..-The Commercial and Financial Chronicle Volume 182 Pierce " No. Dist. Sch. County receive will Treasurer, County (PST) on sealea bias until 2 p.m. purchase of $200,000 general obligation bonds. Dated Sept. 1, 1955. Due serially in from 2 to 2J years. Principal and in¬ terest (M-S) payable at the County Treasurer's office. Aug. 9 fcr the O. (P. Offering—L. receive will Treasurer, County (PST) on sealed bids until 2 p.m. Township, Ont. Bond Sale—An issue of $120,000 4% improvement bonds was sold :o Aug. 10 fcr the purchase of $35,000 school bends. Dated Sept. 1, 1955. group headed by a Bo., of 102.56. 1975 -o Toronto, Due on at June improvement price a 1 from jointly, of group Bank, at a to a price Bank of Canada, Co., Ltd., Nesbitt, Ltd., Gairdner & of Montreal, Do¬ Securities Corp., L. G. Co., Ltd., Royal Wood, Gundy & Thomson & Co., Co., Ltd., Bank Montreal, Quebec Bond Sale—The composed of A. E. Ames & group $13,000,000 im¬ provement bonds offered July 20 minion improvement $766,273 Burns Sch. Sale—An Bros. bonds & Board, issue of Ont. Securities $20,000 to L. Ltd., as treal, jointly, at Beaubien & Co., Ltd., and Daw¬ Hannaford, Ltd., at a price of 95.62, a net interest cost of about 4.27%, as follows: $75,000 Toronto-Dominion sold nrice of 102.03. Sale — An improvement to the Midland Beaubien the & a Dominion Toronto, and Co., of Mon¬ $705,000 3s. 1956 price of 97.69. Sch. Board, Montreal Protestant issue bonds 1966 to Quebec of Dated Bond Sale—An issue of was $3,200,- building bonds was sold to 000 Securities a on inclusive. Due on .1 Tacoma Sch. Dist. No. 10 (P. O. Tacoma), Wash. Bond Sate—The $3,267,000 build¬ County, July 2, 1955. (J-J) Canada. i 1 ing bonds uffered Ju*y 14—v. 181, p. 2984—were awarded to a syndi¬ composed of Halsey, Stuart cate & Kidder, Bros., Lehman Co., Peaboay & Co., Blair & Co., inc., Stone & Webster Securities Corp., Merrill & Lynch, Pierce, Fenner 1 1; Beane, Homblower & Weeks, Lee Higginson Corp., B. J. Van Ingen & Co., Keane, Taylor & Co., all of New York City; Blunt Ellis & boch Republic Central Simmons, Co., & Roosevelt Chicago; ot cf New York City; Kenower, McArthur & Co.,. of De¬ troit; McCormick & Co., of Chi¬ cago, and Badgley, Frederick, Rogers & Morford, Inc., of Seattle, at a price of 100.10, a net interest cost of about 2.58%, as follows: Cross, $2,242.Of0 6s. 405,000 2s. 1,/jl0,C0D Due Due on Aug. 1, 1963. 21/4s. Due on Aug. 1 1967 inclusive. 1964 to from on Aug. 1973 inclusive. 2V2S. 2,865,000 IV2S. 1,045,000 1 Due 1968 to from Aug. 1 from on inclusive. 1962 to 1956 FRIEND 1, Aug. Due on 1974 and 1975. WISCONSIN Tens of thousands with Cedarburg, Wis. Bond Offering—J. C. Schroeder. needlessly this cured will receive sealed (CST) on Aug. 4 for the purchase of $500,000 high school bends. Dated Sept. 1, 1955. Clerk, City bids until 8 p.m. Due March 1 from 1957 to 1975 on Principal inclusive. strikes Cancer Milwaukee. as and Waukesha Berlin New . ■ (Tcwns) Joint Sch. Dist. (P. O. Waukesha), July payable (J-J) at the Waukesha National pays STRIKE BACK Bank. MAN'S MANITOBA : of) Sale—An issue of $5,250,- Bond Manitoba 000 314% tric Board bonds by headed group Securities of or bonds are jftUELEST G! with protective information for research to pays conquer give your you are dollars to the American making an < investment that off in the saving of human lives. Perhaps the life of one friend. own life. American Cancer Society E GENTLEMEN: I want to help conquer Cancer. a ( ) Please send years. whole in part at any years at in callable and Society, Equitable Ltd., contribute improves services to arms everyone a Due in 20 price of 98.55. The the Canada, to sold by helping the American eni Hydro-Elec¬ was & help that friend, and thousands possible. Perhaps your CANADA Manitoba (Province as you When you Due on July 15 1975 inclusive. Prin¬ interest and widely Cancer 1955. 15, cipal friend this cruelest of diseases. wiU receive sealed bids until 8 p.m. (CST) on July 25 for the purchaseof $44,000 school building construction bonds. Dated District Clerk, from 1956 to way to about cancer, Hopson, S. Jti. — in four. a a cancer Society spread its educational message patients, Wisconsin Offering one Money No. 3 Bond of these unfortunate victims be of others. That's of Quarles, & Spooner Lines, one There's (M-S) payable at the Cedarsburg State Bank, or at the City Treas¬ urer's office. Legality approved by will lose their lives yours? It could happen. We know that interest and cancer They could have been by early diagnosis and prompt treatment. Will of year. ( ) Enclosed is time within two me my free information about Cancer. contribution of $ to the Cancer Crusade. immediately preceding the maturity date at par and accrued Name. interest. Portage Bond Hospital District, Man. Sale—An issue of hospital bonds Richardson as 4s and 414s, at a Address. $146,000 sold to James was & Sons, City of Winnipeg, price of 103.10. Bond Sale—An issue of $20,000 improvement bonds was sold James Richardson & Sons, of nipeg, as 414s. to Win¬ State. (MAIL TO: CANCER, c/o your town's St. Joseph, Man. . .Zone i,* l .U.JJit,.' July 2 from 1985 inclusive. interest and July 2 from Due 1965 to 2,495,000 4s. 414 s, at a price of 98.11. Additional G. to Qorp., sold was Denton, awarded were to 20 years. Due serially from 2 Pierce at QUEBEC 4s and 4*4s, at a price Catholic Bond composed of Dawson, the and as Vienna lannaford, Ltd:, Gairdner & Co., "Ad., sold was 414s, as son, improvement bonds was sold a bonds Ltd., of 102.36. 99.96. of 1956 William, Ont. Bond Sale—An issue of Corp., $170,000 Wood, Gundy & Co., Ltd., and the Dominion Securities Corp., Ltd., Anderson & inclusive.. Fort o Johnson, R. Nelson, Ont. Bond Sale—An issue of Dover 1% Sch. Dist. No. 416 Tacoma), W*-*b. Pierce Ccunty Bond ONTARIO 83 (P.O. Tacoma), Wash. Bond Offering—L. R. Johnson, ' 50 (367) Postmaster) Principal in payable - * * 60 Chronicle.. .Monday, July 25, 1955 The Commercial and Financial (368) $100,870,000 New Housing Authority Bonds by a first pledge of annual contributions unconditionally payable pursuant to an Annual Contributions Contract between the Public Housing Administration and the Local said Bonds in the opinions of bond counsel. Said annual contributions will be payable directly to the fiscal agent of said Local Public Agency in an amount which, together with other funds of the Local Public Agency which are actually available for such purpose, will be sufficient to pay the principal of and interest on the Bonds when due. The Bonds of each issue will be secured Public Agency issuing The United States Housing Act contributions of 1937, as amended, solemnly pledges the faith of the United States to the payment of the annual by the Public Housing Administration pursuant to the aforesaid Annual Contributions Contracts. from Ouotation of the United opinion of an States, •'IN SUMMARY, I AM to The the Hon. Herbert President of the OP THE VIEW THAT: • * INTO CONTRIBUTIONS ENTERED BY THE Brownell, Jr., Attorney General United States, dated May' 15, 195J:" * A CONTRACT TO PAY ANNUAL PHA« IN WITH THE CONFORMANCE PROVISIONS OF THE ACT* IS VALID AND BINDING UPON THE UNITED STATES, AND THAT THE FAITH OF THE UNITED STATES HAS BEEN SOLEMNLY PLEDGED TO THE PAYMENT OF SUCH CONTRIBUTIONS IN THE SAME TERMS ITS FAITH HAS BEEN PLEDGED TO THE PAYMENT OF ITS INTEREST-BEARING OBLIGATIONS." I Public flouting Administration. J United State# Houtlng Act <rt IS37, Interest Exempt, in the opinion of counsel to the at amended. Underwriters, from Federal Income Taxes by the provisions of the United States Housing Act of 1937, as amended. Legal Investments, in the opinion of counsel to the Underwriters, for Savings Banks and Trust Funds in New York and certain other States. Bonds Issued by Local Public Agencies which -Scale D- -Scale C-2- $ 3,095,000 Hartford, Connecticut 2ys% $ 14,060,000 Philadelphia, Pennsylvania 2%% located in: are, or are ■Scale B- ■Scale A- $5,910,000 Tampa, Florida 2}i% $1,255,000 Athens, Georgia 2Ys% 9,415,000 Atlanta, Georgia 2J4% 1,190,000 Madison County, Illinois 6,645,000 Newark, New Jersey 2J4% 2Y$% 16,075,000 Baltimore, Maryland 2/Y/o 7,680,000 New Orleans, Louisiana 2%% 1,695,000 Trenton, New Jersey 2*4% 12,960,000Cincinnati,Ohio 2l/i% 2,400.000 Saginaw, Michigan 2JH»% 1,875,000 Columbia, South Carolina 2)4% 4,880,000 Norfolk, Virginia 2)4% -Scale C-l- $11,735,000 New York City, New York 2^% -Maturities, Rates, Yields and PricesScale Scale Scale A B C-l.C-2 2%% 2%% : 1.20% ML Scale Scale Scale Scale Scale Scale Scale Scale Scale A Scate B C-l.C-2 A B C-l.C-2 A B B C-l C-2 D 2%% 2m 2m 2s/s% 2%% 2Vz% 2%% 2%% 2%% 23/4% 2 Vz% . 2%% Scale Scale 1.20% 1965 1.90% 1975 2.25% 2.30%; 2.35% 1984 2.45% Cm 100 2.50% 2.55% 2.55% 2-60% 1957 1.35%. 1.35 1.35 1966 1.95 1.95 1.95 1976 2.30 2.30 2.35 1985 2.45 <® 100 2.50 2.55 2.55 2.60 1958 1.45 1.45 1.45 1967 2.00 2.00 2.00 1977 2.30 2.35 2.40 1986 2.45 % 100 2.50 2.55 2.55 2.60 2.60 2.65 2.60 2.60 2.651 195* — 1.90% 1.90% 1959 1.55 1.55 1.55 1968 2.05 2.05 2.05 1978 2.30 2.35 2.40 1987 @ 100 2.55% 2.55 1960 1.65 1.65 1.65 1969 2.10 2.10 2.10 1979 2.35 2.40 2.45 1988 % 100 2.55 2.551 1.70 2.60 1.75 1.75 1.80 1.80 tm 1.85 1.85 1989 % 100 2.55 2.60 2.60 2.20 2.20 2.20 1981 2.40 2.45 2.50 1990 @ 100 2.55 2.55+ 2.60 2.60 2.65t 2.20 2.20 2.25 1982 2.40 2.45 2.50 1991 2.55 2.60 2.60f @ 100 2.65 1983 2.40 2.45 2.50 1992 2.55 2.60 — 2.65f 2.651 1993 2.55 2.60 2.55 2.60 2.55 2.60 1970 1.80 1.85 1961 2.45 1971 1995 1.70 1.75 1963 1972 1991 1.70 1962 . 2.15 2.15 2.15 1973 2.25 2.25 2.30 1974 2.25 2.25 1980 2.40 2.35 2.30 1996 . 2.55f 2.65f @ 100 2.65 — @ 100 2.65 2.651 —* (ai 100 2.65 2.65f _ @ 100 2.65 <S 100 — — — (and accrued Interest) * 1 t Priced to the first date at which the bonds are callable at Par. The Bonds of each issue will be callable ten years from their date at a call price of 104 and accrued interest, and The Bonds are thereafter, at the times and call prices, as stated in the Offering Prospectus. offering is not made hereby, but only by means of the Offering Prospectus, copies of which may be obtained from such of the undersigned and other Underwriters as are registered Helps, Fenn & Co. Crete! & Co. Blyth & Co., Inc. Lehman Brothers Eastman, Dillon & Co. The First Boston Corporation Equitable Securities Corporation Alex. Brown & Sons A. C.AIIyn and Company JLCr Becker & Co. Braun,Bosworth&Co. IttvporaM L. F. Rothschild & Co. Byrne and Phelps Clark, Dodge & Co. Incorporated White, Weld & Co. Ira Haupt & Co. Schoellkopf, Button & Pomeroy, Inc. R.S. Dickson & Company Union Securities Corporation F. S. Moseley & Co* * Wood, Struthers & Co. First of Michigan Corporation American Securities Corporation Gregory & Sons; Hirsch&Co. Bacon, Stevenson & Co. Baxter, Williams & Co. Wm. E. Pollock & Co., Inc. Dean Witter & Co. Geo. B. Gibbons & Company Kean, Taylor & Co. Hallgarten & Co. Incorporated Courts & Co. F. W. Craigie & Co. -- Francis I. du Pont & Co. Eldredge&Co. Folger, Nolan-W. B. Hibbs & Co., Inc. Incorporated Incorporated E. F. Button & Company W. E. Button & Co. McDonald & Company Laurence M. Marks & Co. The Ohio Company Rand & Co. fb Bear, Stearns & Co. Lee Higginson Corporation Hornblower & Weeks Hemphill, Noyes & Co. R. W. Pressprich & Co* Shields & Company Smith, Barney & Co. Stone & Webster Securities Corporation In corporatod I Harriman Ripley & Co. * Incorporated J.C. Bradford & Co. Estabrook & Co. Incorporated Reynolds & Co. Goldman, Sachs & Co. Merrill Lynch, Pierce, Fenner & Beane Coffin & Burr Incorporated Paine, Webber, Jackson & Curtis The dealers in this State, being offered, subject to award, when, as and if issued and received by us, and subject to approval of legality, with respect to each issue, by bond counsel to the Underwriters. F. S. Smithers & Co. Stern Brothers & Co. Stroud & Company Incorporated Tucker, Anthony & Co. Chas. E. Weigold & Co. Incorporated Roosevelt & Cross Incorporated